Health & WellnessHealthcare such as hospitals and wellness programs such as after-school sports programs.
JusticeAn open and fair system of law provided by law enforcement, administrative bodies, courts and other systems such as a human rights tribunal. Fairness is key, a justice system that isn't perceived as fair can hinder economic development.
SafetyThe systems that make people feel they live in a safe and stable environment including areas such as crime prevention, disaster preparedness and information security.
Human RightsPrinciples and frameworks that guarantee human rights such that people are free to pursue happiness. For example, a constitution that is upheld by the branches of government.anti-competitive practices that inhibit the efficiency of markets. Markets for securities, assets, goods and services that are fair, efficient and liquid.
Political StabilityA fair system of politics such that a population has trust in its leaders and administrators and feel that things are always getting better. transportation system that is accessible and efficient in terms of both time and money.
EnergyA system of energy production and distribution that provides ample energy without polluting the environment.Infrastructure that provides a region with water security such as infrastructure for groundwater recharge.
FoodFood security such as a region that grows much of its own food including a diversity of crops.IT infrastructure and a significant pool of people who are knowledgeable about technology such as software developers and architects.
ResearchResearch and related things such as science facilities, universities and a space program.
Industrial BaseA developed industrial sector with capabilities to manufacture a significant variety of complex products.Developed economies are undergoing a shift whereby services are an increasingly large component of economic output. As such, the transition from an industrial economy to a service economy can be viewed as a modern form of economic development.knowledge such as medical research or software development.customer experience such as a video game or resort hotel.Public space such as a city filled with pleasant blue and green spaces.
CommunityElements of a nation or city that create a shared experience such that people identify with each other and don't become isolated. For example, a popular local sports team that draws locals together.
Sustainability & ResilienceA nation that has systems and practices designed to endure time and stresses. For example, industries that don't create harmful waste or consume excessive resources.
|Overview: Economic Development|
The process of improving the quality of life of a nation, region or community.