Development

a process of economic and social transformation that defies simple definition. Though often viewed as a strictly economic process involving growth and diversification of a country's economy, development is a qualitative concept that entails complex social, cutural and environmental changes. There are many models of what "development" should look like and many different standards of what constitutes "success". [fn]Source: (IISD 2005) from IISD website; http://www.iisd.org/sd/glossary.asp (updated: Aug 2005)[/fn]