LESSON 3 Flashcards
These include economic growth, improvement of the Human Development Index (HDI), availability of benefits provided by science and technology, and the societal improvement of the opportunities and general welfare of its members
Economic development phases
is a total process which includes not only economic growth or the increase in the given amount of goods and services produced by the country’s economy, but also considers the social, political, cultural, and spiritual aspects of the country’s growth
Economic development
Economic growth
increasein the given amount of goods and services produced by the country’s earning
MDG
Millennium Development Goals
the world’s time-bound and quantified targets for addressing extreme poverty in its many dimensions -income poverty, hunger, disease, lack of adequate shelter, and exclu- sion-while promoting gender equality, education, and environmental stability.”
MDG
following are the MDGs
1.Eradicate extreme hunger and poverty
2. Achieve universal primary education
3. Promote gender equality and empower women
4. Reduce child mortality
5. Improve maternal health
6. Combat HIV/AIDS, Malaria, and other diseases
7. Ensure environmental sustainability
8. Develop a global partnership for development
PDP
Philippine Development Plan
National Economic and Development Authority
NEDA
PDP is focused on the following areas
- Pursuit of Inclusive Growth
- Macroeconomic Policy
- Competitive Industry and Services Sectors
- Competitive and Sustainable Agriculture and Fisheries Sector
- Accelerating Infrastructure Development
- Resilient and Inclusive Financial Sector
- Good Governance and the Rule of Law
- Social Development
- Peace and Security
- Conservation, Protection, and Rehabilitation of the Environment and Natural Resources
The Association of Southeast Asian Nations
ASEAN
Asian Development Bank
ADB
International Labor Organization
ILO
Economic Community
AEC
