The board meanwhile agreed with the consultantâs recommendation to keep the current indexes that underlie the large company U.S. stock C fund, the small company stock S fund and the bond F fund; the government securities G fund is operated by the TSP itself in conjunction with the Treasury.
Economic Development Authority. The Economic Development Authority acts as a catalyst for responsible economic growth that improves Fredericksburgâs quality of life. The EDA receives its funding from annual fees derived from the issuance of bonds for qualified borrowers.
Economic development differs from economic growth. Whereas economic development is a policy intervention endeavor with aims of economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP. Consequently, as economist Amartya Sen points out: âeconomic growth is one aspect of the process of economic development.â.