Abstract
Economic development describes a process of improving economic and social well-being of people in a specific area. In addition to qualitative and quantitative growth, it includes social and environmental aspects. For this purpose various economic measures with different focus are used to quantify economic development.
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Ručinská, S., Müller, R., Nauerth, J.A. (2016). Economic Development. In: Marciano, A., Ramello, G. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7883-6_153-1
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DOI: https://doi.org/10.1007/978-1-4614-7883-6_153-1
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