Can Cryptocurrencies Help to Pave the Way to a More Sustainable Economy? Questioning the Economic Growth Paradigm

Author(s):  
David Leonard ◽  
Horst Treiblmaier
Author(s):  
Cătălin Grădinaru ◽  
Sorin-George I. Toma ◽  
Paul I. Marinescu

Education is the critical vein for human development, for society and economic growth. Because the context nowadays is vacillating, sometimes turbulent even, mankind needs empowerment through a belief system. We believe that an educated man is key to a sustainable economy, one that promotes values, lucidity and rationality. Education is modelled by and models society, through the way we think, act and react. The individual is the main actor on life's scene and he is responsible of the various shapes and forms of the socio-economic systems, of different contexts and behaviours in general. In this chapter, we aim to highlight the importance of entrepreneurship, management, creativity in managing an educational institution (system). We will analyse how an entrepreneurial system should look like, how creative thinking helps and how it will contribute to an “educated development”.


Author(s):  
Alex J. Bellamy

This chapter demonstrates that the downwards pressure that state consolidation placed on mass violence was amplified by the type of state that emerged. Across East Asia, governments came to define themselves as “developmental” or “trading” states whose principal purpose was to grow the national economy and thereby improve the economic wellbeing of their citizens. Governments with different ideologies came to embrace economic growth and growing the prosperity of their populations as the principal function of the state and its core source of legitimacy. Despite some significant glitches along the way the adoption of the developmental trading state model has proven successful. Not only have East Asian governments succeeded in lifting hundreds of millions of people out of poverty, the practices and policy orientations dictated by this model helped shift governments and societies away from belligerent practices towards postures that prioritized peace and stability. This reinforced the trend towards greater peacefulness.


2021 ◽  
pp. 46-65
Author(s):  
Bill Freund ◽  
Vishnu Padayachee

This chapter addresses the unfolding economic history of South Africa in the apartheid era (1948–94). The chapter is organized according to a periodization with 1971–73 as a marker of the break, and along specific thematic lines. These include a discussion of the way in which this history has been studied and through what theoretical lenses, before engaging with the main issues, including the impact of Afrikaner nationalism on economic growth, the way in which the minerals energy sector, which dominated early perspectives of South African economic history and perspectives, is impacted in this era of National Party rule. An analysis of the role of one major corporation (Anglo American Corporation) in shaping this economic history is followed by an assessment of the impact of the global and local crisis after c.1970 on the South African economy. An abiding theme is that of race and economic development and the way in which the impact of this key relationship of apartheid South Africa on economic growth has been studied.


2010 ◽  
Vol 5 (1) ◽  
Author(s):  
Ted Trainer

Most "green" thought and action fails to grasp that this society involves levels of resource consumption and environmental impact that are far beyond those that can be sustained or spread to all people. Technical advance and reforms within consumer-capitalist society cannot solve the problems; this will be illustrated by reference to greenhouse and energy problems. Although present levels of consumption are grossly unsustainable, the supreme priority is economic growth, i.e. to raise them without limit. In addition a system based on free market principles cannot be just. Rich world affluence would not be possible if wealth was not being transferred from poor countries. The only way out of the alarming global situation is via transition to some kind of Simpler Way, which is unlikely to be taken. Implications for bringing about such a transition will be indicated.


2015 ◽  
Vol 12 (1) ◽  
pp. 53-61 ◽  
Author(s):  
RICHARD N. LANGLOIS

AbstractIn ‘Max U versus Humanomics: a Critique of Neoinstitutionalism’, Deirdre McCloskey tells us that culture matters – maybe more than do institutions – in explaining the Great Enrichment that some parts of the world have enjoyed over the past 200 years. But it is entrepreneurship, not culture or institutions, that is the proximate cause of economic growth. Entrepreneurship is not a hothouse flower that blooms only in a culture supportive of commercial activity; it is more like kudzu, which grows invasively unless it is cut back by culture and institutions. McCloskey needs to tell us more about the structure of the relationship among culture, institutions, and entrepreneurship, and thus to continue the grand project begun by Schumpeter.


2017 ◽  
pp. 24-29
Author(s):  
Donalson Silalahi

From the time that the crisis of economy at the year 1997, the flows of the net capital investment in Indonesia is low or negative for some period. Thus, the Government is difficulty to realized the target of economic growth at the year 2010. The capital investment is the decisive factor that influence economic growth to compare with the other fiactors. Thus, the capital investment is the important facctor to achieved the target of economic growth. The role of the capital investment is difficulty to create if the problems of the climate if the capital investment like that bureaucracy, grease money, and the implementation of autonomy area did not to solve immediately. This paper aims to describes and discuss how to improve the climate of the capital investment to increased the flows of the net capital investment. If the climate of the capital investment in Indonesia to improve, so the flows of the net capital investment is increase and then the economic growth increase too. By the way, the government and the local goverment necessary to improve the climate of the capital investment with implementation of the policy with to give lots of the facilities, ease to investment, and the incentives to investor with mapping the industry if Indonesia.


2012 ◽  
Vol 2 (1) ◽  
Author(s):  
Purwanto

Problems of macro economy that related to people’s life are often called “twin problems”. The aimed problems are the poverty and unemployment matters. The two problems are very interesting to discuss in order to solve them. Poverty and unemployment happened in relation to the rate or the condition of economic growth, thus there are three important things should be concerned with in this efforts of overcoming the poverty, as following: firstly, the economic growth that offered benefit as great as possible for poor people. Secondly, the development of social community is by extending and stimulating the nature and potency of individual who were independent, creative, and innovative. It shall encourage the creation of partnership forms between middle economic society, stronger economic society toward poor society. This effort would not be conferred freely, however, by giving motivation, working program and the way to finish/ accomplish it. The expectation of this model aimed at forming autonomous society, free from dependence on other people. Thirdly, the system of clean and respected government, commitment to policies determined before. Eventually, the problems of poverty and unemployment might be like tragedies of Indonesian people, tragedy of Indonesian economy, and there had not been effective medicine to recover our economic collapse. Liberal thoughts with their materialistic, egoistic, and greedy natures have dominated and defeated moralistic and brotherhood thoughts. Through economic reformation we shall build the unity of Indonesia to achieve the equality of rational and fair revenue. The economic reformation should be defined as the awareness of their mistakes and the awareness to correct them.


2017 ◽  
Vol 63 (No. 9) ◽  
pp. 430-439 ◽  
Author(s):  
Saardchom Narumon

Thai economic growth lags behind all other ASEAN countries because its export dependence along with the political and economic vulnerabilities. With the growing bioeconomy worldwide, Thailand needs a clear bioeconomy roadmap as a new growth engine for its economy. Four potential clusters to build bioeconomy in Thailand include the bioenergy, bio-based industry, bio-food and bio-agriculture, and bio-medicine and health. There are roadmaps for only the first two clusters. The paper discusses the potential bio-based products for the bio-food and bio-agriculture as well as bio-medicine and health and proposes the use of the Pracharath strategy to build bioeconomy in Thailand with the main objective of creating the sustainable economy. Since a smart community is a key driver for the sustainable economy, five steps to smart community proposed in the paper will immune communities in the rural area of Thailand, make them self-reliant, and remove the dependency culture.


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