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“Big Push” Economic Development Theory for Sustainable Growth

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No Poverty

Part of the book series: Encyclopedia of the UN Sustainable Development Goals ((ENUNSDG))

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Definition

Though it lacks any consensus definition, economic development by intent describes any set or forms of actions to actions taken to boost the prospects of lagging regions and poorer economies (Feldman et al. 2016). Economic development or its variant known as local economic development has been associated with outcomes such as improving quality of life, reduced inequality, and unemployment (Leigh and Blakely 2016). The availability or abundance of resources does not guarantee economic development; instead, it is the organized and structured deployment of resources that tend to develop an economy positively (Redmond and Nasir 2020).

Introduction

Poverty and inequality are among the 17 Sustainable Development Goals (SDGs) outlined by the United Nations in its Agenda 2030. While the SDG 1 is directed at “ending poverty in all its forms everywhere,” the SDG 10 aims to “reduce inequality at international and national levels” (United Nations 2015; Campagnolo and Davide 2019)....

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Author information

Authors and Affiliations

  1. Department of Public Management, Durban University of Technology, Durban, South Africa

    Olayemi Bakre

  2. Regional and Local Economic Development Initiative, Graduate School of Business and Leadership, University of KwaZulu-Natal, Durban, South Africa

    Hammed Ojugbele

Authors
  1. Olayemi Bakre
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  2. Hammed Ojugbele
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Corresponding author

Correspondence to Olayemi Bakre .

Editor information

Editors and Affiliations

  1. European School of Sustainability, Hamburg University of Applied Sciences, Hamburg, Hamburg, Germany

    Walter Leal Filho

  2. Center for Neuroscience & Cell Biology, University of Coimbra, Coimbra, Portugal

    Anabela Marisa Azul

  3. Faculty of Engineering and Architecture, Passo Fundo University Faculty of Engineering and Architecture, Passo Fundo, Brazil

    Luciana Brandli

  4. HAW Hamburg, Hamburg, Hamburg, Germany

    Amanda Lange Salvia

  5. Istinye University, Istanbul, Turkey

    Pinar Gökcin Özuyar

  6. International Centre for Thriving, University of Chester, Chester, UK

    Tony Wall

Section Editor information

  1. Business School, Universidade Positivo - UP, Curitiba, Paraná, Brasil

    Fernanda Frankenberger

  2. Business School, PUCPR, Curitiba, Paraná, Brasil

    Fernanda Frankenberger

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Bakre, O., Ojugbele, H. (2021). “Big Push” Economic Development Theory for Sustainable Growth. In: Leal Filho, W., Azul, A.M., Brandli, L., Lange Salvia, A., Özuyar, P.G., Wall, T. (eds) No Poverty. Encyclopedia of the UN Sustainable Development Goals. Springer, Cham. https://doi.org/10.1007/978-3-319-69625-6_21-1

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  • DOI: https://doi.org/10.1007/978-3-319-69625-6_21-1

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-69625-6

  • Online ISBN: 978-3-319-69625-6

  • eBook Packages: Springer Reference Earth and Environm. ScienceReference Module Physical and Materials ScienceReference Module Earth and Environmental Sciences

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