Economic development is the process by which the economic well-being and quality of life of a nation, region or local community are improved. The term has been used frequently in the 20th and 21st centuries, but the concept has existed in the West for centuries. "Modernization", "Westernization", and especially "industrialization" are other terms often used while discussing economic development.
A chamber of commerce is a form of business network, for example, a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to advocate on behalf of the business community. Local businesses are members, and they elect a board of directors or executive council to set policy for the chamber. The board or council then hires a President, CEO or Executive Director, plus staffing appropriate to size, to run the organization.
Japan External Trade Organization is an Independent Administrative Institution established by Japan Export Trade Research Organization as a nonprofit corporation in Osaka in February 1952, reorganized under the Ministry of International Trade and Industry (MITI) in 1958, and became an Independent Administrative Institution in 2003 to consolidate Japan's efforts in export promotion. The government has provided more than half of JETRO's annual operating budget. As of May 2011, JETRO maintained seventy-three offices in fifty-five countries, as well as thirty-six regional offices in Japan, with a total staff of 1,500. Its main office is located in the Ark Mori Building in Akasaka, Tokyo. Initially, JETRO's activities focused mainly on promoting exports to other countries. As exporters established themselves in world markets and the balance of trade turned from deficit to surplus, however, JETRO's role shifted to encompass more varied activities. These have included the furtherance of mutual understanding with trading partners, import promotion, liaison between small businesses in Japan and their overseas counterparts, and data dissemination. Import promotion services have included publications, promotion of trade fairs, seminars, and trade missions.
The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH or GIZ in short is a German development agency headquartered in Bonn and Eschborn that provides services in the field of international development cooperation. GIZ mainly implements technical cooperation projects of the Federal Ministry for Economic Cooperation and Development (BMZ), its main commissioning party, although it also works with the private sector and other national and supranational government organizations on a public benefit basis. In its activities GIZ seeks to follow the paradigm of sustainable development, which aims at economic development through social inclusion and environmental protection. GIZ offers consulting and capacity building services in a wide range of areas, including management consulting, rural development, sustainable infrastructure, security and peace-building, social development, governance and democracy, environment and climate change, and economic development and employment.
The Confederation of Indian Industry (CII) is an industry association in India.
Community economic development (CED) is a field of study that actively elicits community involvement when working with government, and private sectors to build strong communities, industries, and markets.
The Polish American Association (PAA) is a non-profit human services agency that serves the diverse needs of the Chicago Polish immigrant community.
The Canadian Council on Africa (CCAfrica) was created on May 27, 2002 and is currently located in Ottawa, Ontario, with the goal of becoming Canada's leading organization committed to the economic development of a modern competitive Africa. CCAfrica was founded as a result of the Kananaskis G8 Summit, where the agenda included the development of a self-help plan for Africa. Formed a year after The New Partnership for African Development, CCAfrica shares NEPAD's goal of African renewal.
The New York State Small Business Development Center was created in 1984. The NYSSBDC is administered by the State University of New York and is funded by the State of New York, the U.S. Small Business Administration, and host campuses. The NYSSBDC is an accredited affiliate of the national network of Small Business Development Centers and a member of the Association of Small Business Development Centers.
The Ports-to-Plains Alliance, based in Lubbock, Texas, United States, is a non-profit, bipartisan, advocacy group led by mayors, council persons and other local elected leaders, economic development officials, business and other opinion leaders from nine states and one Canadian province (Alberta) which contains a 2,300-plus mile economic development corridor stretching from Texas to Alberta.
The Secretary's Office of Global Partnerships (S/GP) is the entry point for collaboration between the U.S. Department of State, the public and private sectors, and civil society. Launched in 2009, S/GP aims to strengthen and deepen U.S. diplomacy and development around the world through partnerships that leverage the creativity, innovation, and core business resources of partners for greater impact. The Special Representative for Global Partnerships is Andrew O'Brien.
The Minnesota Department of Employment and Economic Development (DEED) is the State of Minnesota’s principal economic development agency. Its mission includes supporting the economic success of individuals, businesses, and communities by improving opportunities for growth.
Board of Investment (BOI) is the investment promotion agency of Pakistan. The Board of Investment assists companies planning to invest in Pakistan or to expand their Pakistani operations. The Board of Investment is a member of the World Association of Investment Promotion Agencies (WAIPA).
The Maryland Department of Commerce is a government agency in the state of Maryland in the United States. Although its roots began in 1884, the department came to be recognized as the Department of Commerce in 2015.
The International Economic Development Council (IEDC) is a non-profit membership organization serving economic developers. With more than 5,000 members, IEDC is the largest national and global organization of its kind.
The Idaho Department of Commerce is the lead economic development organization for the State of Idaho, a state located in the Northwestern United States. The Department utilizes resources at a state level to improve the economic growth of the state. Idaho offers open door access to all levels of government. Providing public grants, tax credits, and tax exemptions are just a few of the incentives the Department of Commerce uses to entice companies to expand, relocate, or invest in Idaho through:
The Community Futures Network of Canada is an extensive network of 269 community futures development corporations. The national Community Futures Program is administered by four regional development agencies, the Atlantic Canada Opportunities Agency (ACOA), Canadian Economic Development for Québec Regions (CED-Q), Western Economic Diversification Canada (WD), and the Federal Economic Development Initiative for Northern Ontario (FedNor) under Industry Canada (IC). In Western Canada the Community Futures Program is delivered through a network of 90 non-profit organizations that are supported by four associations and one Pan-West Community Futures Network.
Enterprise Florida, Inc. (EFI) is a public–private partnership between Florida’s business and government leaders and is the principal economic development organization for the state of Florida. EFI’s mission is to expand and diversify the state’s economy through job creation. In pursuit of its mission, EFI works closely with a statewide network of economic development partners and is funded both by the State of Florida and by private-sector businesses.
The Cooperative State Research, Education, and Extension Service (CSREES) is an extension agency within the U.S. Department of Agriculture (USDA), part of the executive branch of the federal government. The 1994 Department Reorganization Act, passed by Congress, created CSREES by combining the former Cooperative State Research Service and the Extension Service into a single agency.
Regional Development Commissions are regional governments in Minnesota made up of a board of local elected officials from counties, cities, schools boards, public interest groups and transit systems that provide cooperation and coordination on broad regional issues. The Regional Development Commissions, commonly abbreviated as RDC, were established by state law in 1969 to provide a variety of governmental assistance to local governments. They are a type of regional planning organization that have responsibility to provide technical assistance to a broad multi-county area of the state, and their functions are similar to the metropolitan planning organization in urbanized areas. As their intent was to support local governments, they frequently provide a coordinating role and generally do not exercise any type of binding authority over local matters.
