This phrase is correct and can be used in written English.
You can use it when you are writing or speaking about economic development, the process of improving the economic well-being and quality of life of a particular area. For example: "The local government has set up a number of initiatives in order to stimulate economy development in the region."
In places with a desperate need for more housing, not least to support the local economy, development is often stopped by neighbouring authorities.
In Seoul, thanks to the newly cash-fueled economy, development is indeed happening superfast, but in a way that doesn't feel like just a mad rush to acquire Western food and fashion, but rather feels truly Korean, completely cool and still underappreciated.
Stable and safe operation of power grids is an important guarantee for economy development.
Since the city's MSW generation rates are increasing due to population expansion and economy development.
At present, China is facing pressures from both economy development and carbon mitigation.
As a national pillar industry, manufacturing Engineering strongly pushes the economy development of China.
Our research helps local policy-makers to adapt laws and regulations to the sharing economy developments and provides insight for businesses which CL concept fits their company's corporate social responsibility strategy.
During an election cycle that has largely focused the U.S. economy, developments in three of the most volatile countries in the Middle East and North Africa have brought international events - beyond the control of either candidate - to the lead story in newspapers and newscasts.
But this is a real-economy development that could make a big difference.
The broader option of producing multiple (energy and non-energy) products and viewing biogas for energy as only one of the products or even a by-product is closely related to the bio-economy development, where different concepts such as bio-refinery and cascading strive for the creation of multiple products from biomass resources.
All of these highlight the strategic value of water to the U.S. economy for development, business growth and well-being.
