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Development finance |
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Development financeProvision of credit to a developing country to permit it to undertake development projects that it could not otherwise afford.Similar MatchesDevelopment bankDevelopment bankA multilateral institution that provides financing for development needs of a regional group of countries. Examples include the African, Asian, and Inter-American Development Banks. Research and development (R"D)>Research and development (R"D)>Development of new products and services by a company in order to obtain a competitive advantage. Development projectDevelopment projectA project intended to increase a developing country's ability to produce in the future. Such projects are most commonly additions to the country's capital stock, but they may involve improvements in infrastructure, educational facilities, discovery or development of natural resources, etc. Import substitution development strategyImport substitution development strategyA development strategy followed by many Latin American countries and other LDCs that emphasize import substitution-accomplished through protectionism-as the route to economic growth. International Development Association (IDA)International Development Association (IDA)Association established to stimulate country development; it was especially suited for less prosperous nations, since it provided loans at low interest rates. Further SuggestionsInternational Bank for Reconstruction and Development (IBRD)Research and development limited partnership Sustainable development International Bank for Reconstruction and Development (IBRD) Economic development Research and development Planned (unit) Development (PUD) Organization for Economic Cooperation and Development (OECD) Development |
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