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Productivity Growth
An increase in the efficiency of producing goods or services within an economy, often leading to more output for the same amount of inputs.
Raise Savings
Encouraging or implementing strategies to increase the amount of money that individuals or entities set aside for future use rather than spending immediately.
NIC
Newly Industrialized Country, referring to nations experiencing rapid economic growth and industrialization.
LDC
Stands for Least Developed Country, a term used to describe countries with severe structural impediments to sustainable development and low per capita income levels.
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