The long term impact of economic development in developed countries on developing countries since 1820

1996 ◽  
pp. 9-28
Author(s):  
Irma Adelman
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Developed Countries ◽  
Long Term Impact

Conditions for the Hi-tech Complex Development

2003 ◽  
pp. 26-39
Author(s):  
V. Maevsky ◽  
B. Kuzyk
Keyword(s):  
Economic Development ◽  
Central Bank ◽  
Developed Countries ◽  
Industrial Society ◽  
Monetary Base ◽  
Complex Development ◽  
Bank System ◽  
Post Industrial

A project for the long-term strategy of Russian break-through into post-industrial society is suggested which is directed at transformation of the hi-tech complex into the leading factor of economic development. The thesis is substantiated that there is an opportunity to realize such a strategy in case Russia shifts towards the mechanism of the monetary base growth generally accepted in developed countries: the Central Bank increases the quantity of "strong" money by means of purchasing state securities and allocates the increment of money in question according to budget priorities. At the same time for the realization of the said strategy it is necessary to partially restore savings lost during the hyperinflation period of 1992-1994 and default of 1998 and to secure development of the bank system as well as an increase of the volume of long-term credits on this base.

Analysis of Major Problems Faced by Small Firms in North India

2015 ◽  
Vol 15 ◽  
pp. 150-160
Author(s):  
Davinder Singh ◽  
Jaimal Singh Khamba ◽  
Tarun Nanda
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Small Firms ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
North India ◽  
Small Enterprises ◽  
Employment Generation ◽  
Medium Enterprises

Micro, Small and Medium Enterprises (MSMEs) have been noted to play a significant role in promoting economic growth in less developed countries, developing and also in developed countries. Worldwide, the micro and small enterprises have been accepted as the engine of economic growth of any nation. Small and Medium Enterprises are the backbone of the economies, because it trigger employment, output, export, poverty alleviation, economic empowerment, economic development etc. in developed as well as in developing countries. It is more important to developing countries as the poverty and unemployment are burning problems. MSMEs have been playing a momentous role in overall economic development of a country like India where millions of people are unemployed or underemployed. Therefore, the growth of small sectors is essential for the growth in the GDP, employment generation, total manufacturing production and export. India, being one of the fastest growing economies of the world, needs to pay an honest attention for the utmost growth of MSMEs for its increased contribution in above areas.

scholarly journals The Major Determinants of Innovative Environment Formation in Georgia

2020 ◽  
pp. 243-249
Keyword(s):  
Economic Development ◽  
Innovation Policy ◽  
Developed Countries ◽  
Modern World ◽  
Global Innovation ◽  
Innovative Environment ◽  
Job Growth ◽  
Innovative Economy

In parallel to the globalization of the modern world economy, the development of innovative policies for economic development is considered as a topical problem in a number of countries around the world. For developed countries, innovative economies have become one of the key preconditions for the country’s economic success. In Georgia, despite recent economic reforms, the country has not achieved tangible results in terms of innovation development. Hence the development of the economy needs to facilitate the formation of an innovative economy. Experience in developed countries shows that in a transformative economy the crucial role lies in the development of innovations and technological novelties. Accordingly, the article examines the contribution of innovation to the economic development of transformational countries. Priorities of innovation policy in Georgia have been identified, and the role of innovation in creating a competitive environment, increasing productivity and raising living standards has been assessed. The article uses the Global Innovation Index (GII) to assess the level of innovation in a country. There are discussed mechanisms that can help achieve long-term economic growth, productivity and job growth as well.

Institutions, Investment, and Growth in Developing Countries

2020 ◽  
pp. 220-237
Author(s):  
Giovanni Andrea Cornia
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Political Stability ◽  
Informal Institutions ◽  
Economic Institutions ◽  
Formal Institutions ◽  
The Public ◽  
Over Time ◽  
Macroeconomic Stability

Many analyses of long-term development neglect the importance of formal and informal political and economic institutions in developing countries. This chapter discusses the nature of such institutions, their endogeneity and persistence over time as well as their impact on growth, inequality, and political stability. The chapter places particular attention on the institutions that build the market and facilitate economic exchange, and on the public organizations mandated with their enforcement. It then discusses their impact on growth and macroeconomic stability as well as the role played by informal institutions in developing countries where formal institutions are often perceived as a costly obstacle to economic development.

Realigning Governance

2015 ◽  
pp. 1555-1581
Author(s):  
Bongani Ngwenya
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Developed Countries ◽  
Social And Economic Development ◽  
Development Goals ◽  
New Phenomena ◽  
And Diffusion

This chapter posits that Governance realignment from e-Government to e-Democracy constitutes a critical context for social and economic development in both developed and developing countries. E-Government and e-Democracy are not new phenomena in most developed countries and some developing countries in Asia and Africa. However, the degrees of political and economic variations between developed and developing countries poses a serious challenge to the efforts towards realignment of governance for social and economic development attainment. The findings in this chapter are that social and economic development lie at the intersection of e-Government and e-Democracy processes of governance realignment. Asymmetry in institutionalisation, and diffusion of e-Democracy amongst countries is widely attributed to economic and political variations in these countries. Unless these differences are skillfully identified and accommodated as such into the development and use models, e-Democracy efforts will not help achieve social and economic development goals, particularly those of developing countries.

ICT in Regional Development

2005 ◽  
pp. 387-392
Author(s):  
Saundarjya Borbora ◽  
Mrinal Kanti Dutta
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Regional Development ◽  
Developing Economies ◽  
Developed Countries ◽  
The World ◽  
Information And Communication ◽  
Increase Productivity ◽  
Internet Connections ◽  
The Developed Countries

Economic development and information and communication technology (ICT) are found to move together in the present day era of globalization. ICT can contribute significantly in economic development of a region by providing adequate information at the minimum of time and cost, thereby enhancing productivity in different sectors of an economy. This fact is substantiated by several studies (Kraemer & Dedrick, 2001; Pohjola, 2001). Some country specific studies like that of Singapore (Wong, 2001) also highlighted similar results. ICT diffusion in the world has been quite rapid since the mid 1990s. While the developed countries have benefited substantially from the ICT growth, the developing countries could not reap similar benefits out of it which has resulted in emergence of a digital divide across the countries (Economist, 2000; Nkrumah, 2000; Norris, 2001). This divide is noticed not only across countries but also within a country and this is more prominent in developing economies like India. ICT diffusion is another area which needs more attention in India as it will lead to ICT access and application of ICT in real sectors to increase productivity and output. During the past one decade India has made rapid advances in ICT growth as reflected in the increase in the number of Internet connections and users. The growth of Internet connections and users in the country is shown in Table 1.

Assessing the Factors Affecting the Implementation of E-Government and Effect on Performance of DVLA

2019 ◽  
Vol 15 (1) ◽  
pp. 47-61
Author(s):  
Gerald Dapaah Gyamfi ◽  
George Gyan ◽  
Mavis Ayebea ◽  
Florence Naa Norley Nortey ◽  
Prince Yaw Baidoo
Keyword(s):  
Developing Countries ◽  
Financial Constraints ◽  
Sampling Technique ◽  
Developed Countries ◽  
Electronic Government ◽  
Electricity Supply ◽  
Successful Implementation ◽  
Factors Affecting ◽  
Ict Infrastructure

Though many researchers have carried out studies on electronic government (e-government) and its effect on performance of public organizations in developed countries not much such studies have taken place in developing countries, creating a gap in literature. The current study seeks to fill the gap. The study highlights the factors affecting the implementation and sustainability of E-government and effect of the factors on performance of the driver and vehicle licensing agency (DVLA) in Ghana. The study used purposive sampling technique to gather data from the DVLA (N-50) in 2016. The outcome of the study revealed that the challenges that impede the successful implementation of e-government include regular interruption of the electricity supply, online theft, poor ICT infrastructure, and financial constraints. Based on the benefits associated with the implementation of e-government, the current researchers made recommendations for long-term sustainability of e-government.

General Assembly

1955 ◽  
Vol 9 (3) ◽  
pp. 376-378
Keyword(s):  
Economic Development ◽  
United Nations ◽  
Developed Countries ◽  
General Assembly ◽  
Limited Capacity ◽  
Underdeveloped Countries ◽  
Investment Capital ◽  
Development Plans ◽  
Recovery Program

Special United Nations Fund for Economic Development: Pursuant to a resolution approved at the ninth session of the General Assembly, Mr. Raymond Scheyven submitted for consideration at the tenth session of the Assembly a further report on the proposed Special United Nations Fund for Economic Development (SUNFED). The report, prepared by Mr. Scheyven in cooperation with a panel of experts appointed by the Secretary-General, dealt with the form or forms, functions and responsibilities which SUNFED might have, and especially with the methods by which its operations might be integrated with the development plans of the countries receiving assistance from it. Mr. Scheyven felt that SUNFED should not confine itself to financing or assisting in the financing of nonself-liquidating projects exclusively; he felt that SUNFED should be able to contribute to any project which was related to economic development but which for some reason, such as balance of payments difficulties, was unable to attract investment capital. He likened the proposed fund to the European Recovery Program, although he pointed out that the analogy was not complete. On the question of the financing of the fund and the size of its initial resources, Mr. Scheyven emphasized the necessity of long-term commitments and felt that the $250 million initial capitalization which had been put forward as the minimum amount on which SUNFED could begin operation should not be considered an absolute; he felt that the limited capacity of underdeveloped countries to absorb capital and the inevitable slowness with which the operation of SUNFED would begin would make it practicable to begin with a smaller amount. He therefore suggested that the General Assembly bear these considerations in mind in reaching decisions and suggested that the fund might be established provisionally for a five year period during which its operations could be assessed. Mr. Scheyven and the experts with whom he consulted felt that SUNFED should be empowered to provide under-developed countries with grants or with loans repayable in local currency but should not be empowered to grant low-interest loans on indeterminate and extremely liberal terms; a combination of grants from SUNFED and loans from such an agency as the International Bank for Reconstruction and Development was suggested as a possible procedure.

Analysis on the Overall Characteristics and Laws of Economic Development

2011 ◽  
Vol 225-226 ◽  
pp. 174-177
Author(s):  
Yue Huang
Keyword(s):  
Information Technology ◽  
Developing Countries ◽  
Economic Development ◽  
Developed Countries ◽  
Less Developed Countries ◽  
Information Economy ◽  
Self Sufficiency ◽  
History Of ◽  
Economics Model ◽  
Economical Development

In light of current world economics heading towards a direction that demands a refurbished theoretical guidance, Huang, Mu and Huang’s (1990, 1991) “Overall Development of Global Economics” model - also affectionately known as the "4-ways, 2-forms" hypothesis - serves as a research guideline and a basic framework of economical development problems. Economical development throughout the history of mankind has experienced three phases, each phase bearing its own characteristics. While today’s developing countries linger in the era of nature driven self-sufficiency, developed countries have surged ahead into a phase of post-information economy where information technology serves as the backbone of Information Economic Era. At present, the financial disparities between nations often and inevitably produce conflicts driven by socio-economical differences and the resultant ideologies. What are the orientations in economic development for less developed countries, developing countries and developed countries? Why does conflict between them arise and what causes this? How can they be resolved? These have become focal issues of concern among economist.

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