Emerging economy - Low to middle income country that is developing by rapid growth, Humanitarian aid - Emergency disaster relief, Informal sector - The sector of the economy that is unregistered with tax authorities, Primary sector - Industries involved in the production of raw materials such as agriculture and mining, Trickle down - Where gains from economic growth pass down through whole societies giving inclusive growth, Brain drain - The movement of highly skilled people from one country to another, Capital flight - The movement of large sums of money out of a country, Fairtrade - Trade between companies in developed countries and producers in developing countries where fair prices are paid to producers, Protectionism - Tariff and non-tariff restrictions on imports to protect domestic producers, Soft loan - A loan made on a concessionary basis,

Key terms Development

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