Economic development is a concept of economic science that denotes the transition from one stage of the economy to another, during which in the new period not only the production of the same goods and services that were already produced before increases, but also the production of new goods and services using new technologies is relatively with the previous period. This section of the journal publishes original research and review articles on all aspects of economic development. The purpose of the section is to highlight the results of scientific research, different points of view of scientists on global and current economic problems, and analysis of development prospects. The Economic development  welcomes articles that address economic issues of interest to the journal's general readership, as well as those that address a specific country or region.

Main directions: economy, entrepreneurship and trade, international economic relations.