External Trade and Economic Growth: The Malaysian Experience

1999 ◽  
pp. 87-104
Author(s):  
Eu Chye Tan ◽  
Mohammed Ariff
Keyword(s):  
Economic Growth ◽  
External Trade

scholarly journals The importance of agriculture in the development of Romanian economy

2016 ◽  
Vol 5 (1-2) ◽  
pp. 58-63
Author(s):  
Miroslav Raicov ◽  
Vasile Goşa ◽  
Adina Fuchs
Keyword(s):  
Economic Growth ◽  
Human Resources ◽  
Gross Domestic Product ◽  
Rural Population ◽  
Rural Economy ◽  
National Level ◽  
Value Added ◽  
External Trade ◽  
Important Position ◽  
Important Branch

Agriculture represent one of the most important branches of the Romanian economy. Within performing the suggested analysis we started from the premise that the economy of each country, regardless of developing degree, agriculture, by natural and human resources available, by contributing to the creation of gross domestic product, of gross value added, but also by participating at internal and external trade, obviously holds an important position. Romanian rural economy is currently dominated in a large part by agriculture. Favorable geographical conditions, topography, climate, fertile soils, in addition with workforce, a suitable administrative system, but the connection of rural population to land and animals can make the Romanian agriculture as production branch attractive and profitable to determine economic growth at national level. Thus, we considered necessary to perform an analysis concerning the importance of Romanian agriculture, analysis that represents the basis for finding the most viable solutions to determine this particularly important branch - to relaunch in the development of Romanian rural economy.

scholarly journals IBT Journal of Business Studies | Volume. 11 Issue 1 INVESTIGATING THE ROLE OF EXTERNAL TRADE AND EXTERNAL DEBT ON THE ECONOMIC GROWTH OF PAKISTAN

2015 ◽  
Vol 11 (1) ◽  
Author(s):  
Athar Iqbal ◽  
Keyword(s):  
Economic Growth ◽  
Missing Values ◽  
Practical Implication ◽  
External Debt ◽  
Debt Management ◽  
Significant Positive Effect ◽  
External Trade ◽  
Business Studies ◽  
Negative Effect ◽  
Positive Effect

Purpose- This paper is designed to investigate the effect of External Debt on the economic growth or Pakistan. The study examines effects of Economic indicators such as External Debt, Debt servicing. Export and Import on the economic growth in Pakistan. Methodology/Sampling- The results of the study are based on OLS estimates, The data for External debt. Debt servicing Exports Import and Real GDP growth has been taken for 41 years (1972 to 2013) from the Handbook of Statistics on Pakistan Economy 2010 and missing values have been collected from the library of State Bank of Pakistan. Findings- The study concludes that External Debt has significant positive effect whereas the Debt servicing has negative in The Economic growth. the strong Debt Management is recommended to achieve the economic growth oriented Via External growth Debt . The study also suggests that there is significant positive effect of Export on the economic growth of Pakistan. The study should not find any significant effect of import on the economic growth Practical implication- This study provides empirical evidence for the significance of external trade for the economic growth because it can boast . Where as, external debt could not be suggested because the debt could not be suggested because the debt servicing has negative effect on the economic growth.

scholarly journals INDUSTRY, COMPETITIVENESS, EXTERNAL TRADE AND GROWTH ACCELERATION

2018 ◽  
Vol 77 (306) ◽  
pp. 94
Author(s):  
Guilherme Jonas Costa da Silva ◽  
Camila Do Carmo Hermida
Keyword(s):  
Economic Growth ◽  
Theoretical Model ◽  
Technological Innovation ◽  
Production Capacity ◽  
International Competitiveness ◽  
External Trade ◽  
Long Run ◽  
New Findings ◽  
World Income ◽  
Trade And Growth

<p align="center"><strong>ABSTRACT</strong><strong></strong></p><p>This paper presents a pioneering theoretical model for the acceleration of economic growth, from the junction of elements of the post-Keynesian theory of long run growth with Neo-Schumpeterian aspects. Some new findings were pointed, since it shows that the growth acceleration of a given country depends primarily on its international competitiveness, which is given for the capacity for imitation and technological innovation, beyond growth of physical production capacity of the economy and growth acceleration of world income.</p><p align="center"> </p><p align="center">INDUSTRIA, COMPETITIVIDAD, COMERCIO EXTERIOR Y ACELERACIÓN DEL CRECIMIENTO</p><p align="center"><strong>RESUMEN</strong><strong></strong></p>Este artículo presenta un modelo teórico pionero para la aceleración del crecimiento económico mediante la unión de elementos de la teoría poskeynesiana del crecimiento a largo plazo con aspectos neoeschumpeterianos. Se señalaron algunos hallazgos nuevos, ya que muestra que la aceleración del crecimiento de un país depende principalmente de su competitividad internacional, que se expresa por la capacidad de imitación e innovación tecnológica, más allá del crecimiento de la capacidad de producción física de la economía y de la aceleración del crecimiento del ingreso mundial.

scholarly journals Sociology of precondition for Japanese Miracle

Impact ◽  
2021 ◽  
Vol 2021 (4) ◽  
pp. 38-40
Author(s):  
Hiroshi Sato Kan
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
World War Ii ◽  
Social Development ◽  
Developing Economies ◽  
Associate Professor ◽  
External Trade ◽  
The Rich ◽  
Post War ◽  
The Impact

In Japan, World War II was followed by a period of reconstruction and economic growth known as 'the Japanese Miracle'. Although the economic aspects of the nation's recovery are known, there is little emphasis placed on the social development efforts that facilitated this. Professor Hiroshi Sato, Chief Senior Researcher, Institute of Developing Economies; Japan External Trade Organization (IDE-JETRO), believes that social development policies are the precursor to economic growth and pave the way for social change. He is collaborating with other leading researchers on a range of projects to explore the links between social development and economic growth in developing countries. Sato is collaborating with: Professor Kazuko Tatsumi, Fukuoka University to investigate the rural livelihood improvement movement in post-war Japan; Professor Mariko Sakamoto, Aichi Medical University to explore the impact of Occupation policy on public health; and Associate Professor Mayuko Sano, Fukuoka Prefectural University to investigate the history of coal mining town Tagawa city. Sato believes that the rapid economic growth of developing countries without prior social development is unsustainable and widens the gap between rich and poor, with the distribution of wealth becoming unfairly biased towards the rich.

Germany's External Trade Development

2016 ◽  
pp. 106-118
Author(s):  
Alexander Schülke ◽  
Pierre Haddad ◽  
Saerom Jang ◽  
Melissa Renneckendorf
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Automobile Industry ◽  
Business Models ◽  
Car Ownership ◽  
External Trade ◽  
Labor Costs ◽  
High Quality ◽  
Foreign Countries ◽  
Strong Competition

The automobile industry is the single largest industry in Germany. Demand for German car brands in foreign countries, including China, is strong as German car manufacturers enjoy reputation of high quality products. In recent years, several factors showed an effect on Germany's external trade development through a shift in the automobile sector. Globalization had an effect on external trade as developing countries try to push many exporting countries, including Germany, to manufacture locally. This is an ongoing trend that is supported by lower labor costs in developing countries. Boosting other sectors is one strategy to be less dependent on these developments and the focus on electric vehicles could ensure further exports. Economic growth in foreign countries remains one of the big opportunities for Germany's external trade development. However, it is important to take potential challenges and barriers into consideration, including environmentalism, strong competition, and new trends and business models that lead to less car ownership.

Budgeting Administration and Economic Growth Dynamics in Conditions of National Markets' Integration

2019 ◽  
pp. 1-21
Author(s):  
Krongthong Khairiree ◽  
Denis Ushakov
Keyword(s):  
Economic Growth ◽  
Growth Dynamics ◽  
External Trade ◽  
Compensation Policy ◽  
Macroeconomic Conditions ◽  
Growth Stability ◽  
The Social ◽  
Macroeconomic Indicators ◽  
The Stability ◽  
Definition Of

In this chapter we analyze the macroeconomic indicators of the contemporary economies so that to determine the level of impact from their involvement in the world trade on the stability of their economic development. A new, author's method is offered here to determine the index of economic growth stability for the economies of the 21st century. A correlation is revealed being between economic growth stability and external trade activeness of the today's economies. In the chapter based on the authors' approach to the definition of strategies for fair and effective social compensation, as well as a proposed methodology for calculating the indicators of social compensation strategies feasibility, the conclusions regarding macroeconomic conditions of selecting a state participation program in the process of economic achievements converting into social conditions were done, recommendations on modernization the social compensation policy in the dynamics of integrating markets were also offered.

scholarly journals Impact of FDI on Economic Growth in South Asia: Does Nature of FDI Matters?*This article is an outcome of a project supported by South Asia Network of Economic Research Institutes under 16th RRC.

2020 ◽  
Vol 12 (1-2) ◽  
pp. 51-69
Author(s):  
Saswata Chaudhury ◽  
Nitya Nanda ◽  
Bhawna Tyagi
Keyword(s):  
Economic Growth ◽  
South Asia ◽  
Growth Dynamics ◽  
Economic Research ◽  
Domestic Investment ◽  
External Trade ◽  
Differential Impact ◽  
Tertiary Sector ◽  
Sectoral Composition ◽  
Sectoral Fdi

Foreign direct investment (FDI) is believed to be an important determinant of economic growth in developing countries, but its impact varies across countries. Presence of other determinants (like domestic investment, inflation, infrastructure and external trade) may augment or retard the potential impact of FDI on economic growth. Moreover, due to the non-homogeneous nature of sectoral FDI, the sectoral composition may create differential impact on economic growth. Hence, it is necessary to identify and measure the differential impact of sector-wise (primary versus secondary versus tertiary sector) FDI inflow. Exploring the nature and behaviour of overall and sectoral FDI inflow in South Asian countries in the recent past, this article has taken a holistic approach in studying and analysing the FDI-growth dynamics. The study found that the impacts of FDI in South Asia are indeed influenced by sectoral composition of FDI.

Taxation Regime and Macroeconomic Systems' Dynamics

2019 ◽  
pp. 225-240
Author(s):  
Tran Huu Ai ◽  
Denis Ushakov
Keyword(s):  
Economic Growth ◽  
World Trade ◽  
Growth Stimulation ◽  
Systems Dynamics ◽  
External Trade ◽  
The World ◽  
Macroeconomic Growth

In this chapter, the authors, operating the criteria of rigid and comfortable national taxation regimes, attempt to evaluate the stimulating impact of country's taxation systems on the dynamics of their macroeconomic growth and country's participation in the world trade. Therefore, the chapter presents the authors' conclusions concerning the efficiency of fiscal instruments for economic growth stimulation and external trade attractiveness increase as applied to the majority of contemporary states. Based on correlation of indices of tax reformations and trends of the modern countries macroeconomic development, the co-authors present their conclusions on the priority importance of the so-called “taxation comfort” in the context of country's positioning in the global rankings. Research proved a taxation effect in countries' macro-economic growth and external attractiveness stimulating, as well as this effect dependence on the level of countries material wellbeing and infrastructural conditions.

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