Economic Cooperation and Development (ECD)

Economic Cooperation and Development (ECD) refers to collaborative efforts among countries to promote economic growth and sustainable development. This typically involves sharing resources, expertise, and best practices to address common challenges like poverty, unemployment, and environmental sustainability. ECD can take the form of agreements, partnerships, and programs that foster trade, investment, and technological innovation. The goal is to improve living standards and ensure that economic benefits reach all sectors of society, ultimately creating a more balanced and equitable global economy.