Sustainable Growth and Renewable Recources in the Global Economy

1994 ◽  
pp. 259-280 ◽  
Author(s):  
Frederick van der Ploeg ◽  
Jenny E. Ligthart
Keyword(s):  
Global Economy ◽  
Sustainable Growth

APEC Leaders Meet in Vancouver, Address Economic Crisis, Challenges of Globalization

1998 ◽  
Vol 9 (1) ◽  
pp. 108-111
Keyword(s):  
Economic Growth ◽  
Economic Crisis ◽  
Global Economy ◽  
Sustainable Growth ◽  
Asia Pacific ◽  
Full Potential ◽  
Leading Role ◽  
The People ◽  
Open Trade ◽  
Trade And Investment

We, APEC's Economic Leaders, met today in Vancouver, Canada, to reaffirm our commitment to work together to meet the challenge of sustaining regional prosperity and stability. Certain of the dynamism and resilience of the region, we underline our resolve to achieve sustainable growth and equitable development and to unlock the full potential of the people who live here. We agree that the prospects for economic growth in the region are strong, and that Asia-Pacific will continue to play a leading role in the global economy. The goals we have set, including the achievement of free and open trade and investment in the region by the dates set out in the Bogor Declaration, are ambitious and unequivocal.

scholarly journals Financial Strategy considering Sustainable Growth: evidence from China and Russia gas market companies

2019 ◽  
Vol 13 (1) ◽  
pp. 76-92 ◽  
Author(s):  
Alina Steblyanskaya ◽  
Zhen Wang ◽  
Elena Ryabova ◽  
Svetlana Razmanova ◽  
Maxim Rybachuk
Keyword(s):  
Global Economy ◽  
Growth Strategy ◽  
Sustainable Growth ◽  
Financial Strategy ◽  
The Past ◽  
Ambiguous Situation ◽  
Sustainable Growth Rate ◽  
Financial Growth ◽  
Gas Market ◽  
The One

Over the past ten years have seen ambiguous situation concerning China and Russia gas companies. On the one hand, companies’ reports show conservative policies and sustainable growth in the coming years, on the other hand, companies’ financial performance suggest another situation because of insufficient level of financial indexes that reflects the inconsistency of existing sustainable growth approaches. These indicates relevance of the research concerning China and Russia gas market companies’ financial sustainable growth in conditions of global economy and investment policy implementation. The main purpose of the Research is to analyze China and Russia gas market companies’ financial growth strategy by means of Geniberg Z – matrix as well as enhanced Financial Sustainability Indicators System indexes by identifying which indicators have a greater influence on Sustainable Growth Rate. It is found that ROCE, ROFA, CR, DOL, ROL influence on Russian gas market companies’ SGR, and ROCE, WACC, ROL, CG Dummy influence on Chinese gas market companies sustainable growth.

Global rebalancing to support sustainable growth

2015 ◽  
Keyword(s):  
Global Economy ◽  
Oil Prices ◽  
Sustainable Growth ◽  
Low Energy ◽  
Energy Prices ◽  
Current Account Surplus ◽  
Content Type ◽  
Percentage Points ◽  
Advanced Economies ◽  
Global Growth

Significance Risks to its central scenario are more balanced and less skewed to the downside. Global imbalances are shrinking, partly thanks to low oil prices. This is boosting disposable income in oil-importing countries at the expense of oil-exporting ones. The dollar's strength is also helping rebalance the global economy, although the euro-area's growing current account surplus is contentious. Impacts Disinflation has become widespread, especially within advanced economies, but should be temporary. Low energy prices are estimated to add between 0.5-1.0 percentage points to global growth by 2016. A revision of guidelines and rules is required to reduce the risk of another financial crisis.

The Role of Smart Power Technologies in Global Electrification

2005 ◽  
Vol 16 (5) ◽  
pp. 845-870
Author(s):  
Kurt Yeager ◽  
Stephen Gehl ◽  
Brent Barker
Keyword(s):  
Delivery System ◽  
Global Economy ◽  
Supply And Demand ◽  
Work Force ◽  
Sustainable Growth ◽  
Self Healing ◽  
Demand Side ◽  
Smart Power ◽  
Economic Productivity ◽  
Energy Chain

This paper explores trends in global electrification through 2050, and the shift in technology dominance from supply-side to demand-side as the electricity delivery system becomes integrated with communications to form a new mega-infrastructure with new functions. This ‘energy web’ will be a smart, interactive, and self-healing electricity delivery system fully capable of supporting the precision power needs of the digital society of the 21st century. The demand side employs billions and ultimately trillions of microprocessor agents negotiating for specialised services on behalf of their owners. The traditional electricity meter will be replaced by a two-way energy/information portal, through which information, power and services can flow. Because of the resulting optimisation opportunities, substantial efficiency gains are possible throughout the entire energy chain, from end user to producer. Another advantage is an improvement in economic productivity through the use of advanced digital technologies in all sectors of the economy. A balanced focus on the technologies of supply and the technologies of demand is needed to meet global electrification goals. The paper shows that the sustainable growth of the global economy will be increasingly reliant on ‘digital quality’ electricity (perfectly reliable and free of spikes, voltage sags and frequency fluctuations) to power computers, advanced electro-technologies for business and industry, the internet and its successor networks, and the knowledge-based industries of the future. Examples include semiconductor manufacturing, pharmaceuticals, advanced materials, nanotechnology applications and biotechnology. These applications are already well established in the developed world, and they will become increasingly important in the LDCs as these countries seek to expand the technology base of their economies. >Finally, the paper points out that a balanced implementation of the technologies of supply and demand offers an optimal approach to improving worker productivity and thereby addressing the issues of an ageing (and shrinking) work force in many parts of the globe.

scholarly journals Shahid Javed Burki. Changing Perceptions, Altered Reality: Pakistan’s Economy under Musharraf, 1999-2006. Karachi: Oxford University Press, 2007. 373 pages. Hardbound. Price not given.

2009 ◽  
Vol 48 (1) ◽  
pp. 97-99
Author(s):  
Mr. Fazal Husain
Keyword(s):  
Economic History ◽  
Global Economy ◽  
High Growth ◽  
Sustainable Growth ◽  
Policy Makers ◽  
True Nature ◽  
Oxford University ◽  
High Level ◽  
Economic Transitions ◽  
Rates Of Growth

This book is another addition to Shahid Javed Burki’s work whose writings have been pivotal for understanding Pakistan’s social and economic transitions. The book examines various sectors of the economy that could become the source for sustainable growth. Thoughtful public policies in the high-potential areas are suggested with the claim that these could help the country join the ranks of Asia’s rapidly growing economies. Based on the weekly columns by the author published in the daily DAWN, and focusing on the 1999-2006 period, the tenure of President Pervez Musharraf, the book analyses the economic and social problems faced by Pakistan. It then discusses the opportunities that exist for the country in light of its geographical situation, and the rapid changes in the structure of the global economy. The issues explored in the book include the reasons for the rapid growth of the economy from 2003 onwards, as well as its impact on poverty and income distribution. It is suggested that these high rates of growth would not be sustained into the future unless a number of changes in the structure of the economy were introduced. The book consists of eight chapters. The first chapter starts with a brief discussion of the country’s economic history as well as the situation in mid 2000 (associated with high growth rates). It then continues to analyse the factors responsible for such growth with the caution that the economy still needs more measures before labeling it to have been set on a course of a high level of sustainable growth. In this regard the obstacles particularly related to infrastructure and governance are discussed raising crucial points and suggesting suitable measures. The chapter identifies various areas that need urgent attention by the policy-makers advising them to understand the true nature of the ‘determinants of growth’ and how they will affect the incidence of poverty and equality of opportunity.

scholarly journals Impact of Tax Incentives on Foreign Direct Investment: Evidence from Africa

2021 ◽  
Vol 13 (15) ◽  
pp. 8661
Author(s):  
Seth Nana Kwame Appiah-Kubi ◽  
Karel Malec ◽  
Joseph Phiri ◽  
Mansoor Maitah ◽  
Zdeňka Gebeltová ◽  
...  
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Global Economy ◽  
Random Effect ◽  
Tax Incentives ◽  
Business Environment ◽  
Sustainable Growth ◽  
Poverty Eradication ◽  
African Countries ◽  
Tax Holidays

African countries have faced competition and several challenges to attract foreign direct investment given the role that FDIs play in the development process. Several efforts made have been futile because of numerous factors that play against the business environment for foreign investments. Our paper analyses the influence of tax incentives on foreign direct investment in African economies based on data from 2000–2018. We utilized panel data on forty (40) African countries and an econometric model of four proxies of tax incentives, after controlling other variables, with robust Random Effect as our discussion estimator. Our results revealed that FDI responds to lower corporate income tax (CTR). Furthermore, foreign direct investment predominates in African economies with longer tax holidays and withholding tax. However, tax concession is insignificant to the inflows of FDIs in Africa. Summarizing, our results recommend that without proper restructuring of the tax incentives to deal with policy lapses by the governments of Africa, achieving the four main goals, i.e., poverty eradication, sustainable growth and development, African integration in the competitive global economy, and women empowerment, will be hindered.

Recovery experiences of the Russian economy: The patterns of the post-shock growth after 1998 and 2008 and future prospects

2021 ◽  
pp. 5-31
Author(s):  
I. B. Voskoboynikov ◽  
E. F. Baranov ◽  
K. V. Bobyleva ◽  
R. I. Kapeliushnikov ◽  
D. I. Piontkovski ◽  
...  
Keyword(s):  
Global Economy ◽  
Production Efficiency ◽  
Oil And Gas ◽  
Raw Materials ◽  
Growth Stimulation ◽  
Sustainable Growth ◽  
Russian Economy ◽  
Catching Up ◽  
Long Run ◽  
Post Shock

The global economy is in recession due to the pandemic of the coronavirus infection COVID-19. Russia’s GDP in 2020 fell by 3.1% in relation to the level of 2019, so that the decline was more moderate than in 1998 (–5.3%) and 2009 (–7.8%). In the coming years, the Russian economy will have to recover and enter a new long-term growth path. At what expense and in which industries will this happen? Based on the experience of previous crises and using industry accounts of economic growth and Russia KLEMS data, we have examined possible sources of recovery of the Russian economy after the crisis of 2020. By analogy with the recovery after 2008—2009, it is likely to be associated with increased demand for raw materials on world markets and the reaction of the Russian oil and gas complex. Stagnation after 2008—2009 is due to a decrease in production efficiency, especially in the expanded mining complex (EMC), as well as the cessation of technological catching-up. Growth stimulation measures should include increasing the efficiency of the EMC, providing the adaptation of advanced technologies, and preserving existing adaptation channels in times of crisis — for example, successful export-oriented industries integrated into global value chains. In the long run sustainable growth assumes diversification of the economy.

scholarly journals Financial Markets And The Challenges Of Sustainable Growth

2016 ◽  
Vol 19 (2) ◽  
pp. 27-41 ◽  
Author(s):  
Małgorzata Janicka
Keyword(s):  
Financial Markets ◽  
Global Economy ◽  
Point Of View ◽  
Sustainable Growth ◽  
The European Union ◽  
Socially Responsible ◽  
Quality Performance ◽  
Responsible Investment ◽  
Service Sectors ◽  
Corporate Social

Sustainable growth and responsibility for the economy and the environment are postulates rarely associated with the term “financial market”. Financial markets are identified with the ruthless maximisation of profit at acceptable risk, rather than with socially responsible conduct. However, in the global economy businesses modify their priorities and become aware of not just the need to grow in financial terms but also to improve their quality performance. International financial markets have become part of this trend and are increasingly often adopting environmentally friendly attitudes and embracing the challenges posed by the concept of sustainable growth. Ideas such as CSR – Corporate Social Responsibility – and SRI – Socially Responsible Investment are gaining in importance. While sustainable growth of the economy as perceived from the point of view of the manufacturing or service sectors is widely discussed, the sustainable growth of financial markets is a relatively new concept and the available literature on “green” financial markets is quite scarce. This paper is intended to fill in this gap and examine the changes that have taken place on financial markets in the context of the idea of sustainable growth, with particular attention paid to the European Union markets.

scholarly journals The outlook of Islamic financial model in globalization's conditions

2018 ◽  
Keyword(s):  
Economic Model ◽  
Global Economy ◽  
Sustainable Growth ◽  
Financial Model ◽  
Economic Relations ◽  
Mena Countries ◽  
Batch Release ◽  
Legal Structures ◽  
World Economic ◽  
Islamic Economic

In the modern system of world economic relations, the concept of the Islamic financial model begins to take increasingly strong positions in the world economy. The subject of research of the article is the features of development and forecasts of the Islamic financial model in the global economy. The goal is to study modern trends of the Islamic financial model’s development; identify the features of the existence of the Islamic economy in the context of the global world economic system; determine the forecasts for the development of the Islamic economic model in the global economy; determine the effectiveness of the Islamic financial model in the context of modern economic realities; the formation of mechanisms for solving challenges associated with the development of the islamic economic model. General scientific methods are used, such as modeling, analogy, deduction, induction, generalization, classification, observation, comparison, measurement, experimental methods of research, abstraction, aggregation, statistical, graphical, logical-theoretical, historical-logical, methods of analysis, synthesis, comparative analysis, and others. The following results were obtained: on the basis of the analysis of manuals, monographs, scientific articles of Ukrainian and foreign scientists, reports of well-known analytical companies, statistical materials of international European institutes and institutions of MENA countries and resources of the global Internet. Conclusions: lack of greater standardization in legal structures and interpretation of Sharia. This is crucial in order to turn the industry on a sustainable growth path. It is necessary to show the market how to achieve standardization by introducing standard structures, documentation or steps that emitters must pass to make batch release simpler and more effective. If standardization is to be achieved, there will be more time for stakeholders to innovate and create new Islamic finance instruments that will boost growth.

scholarly journals To the question of ensuring international economic security: logics and key stages

2020 ◽  
pp. 38-52 ◽  
Author(s):  
Andrei Andreevich Kovalev
Keyword(s):  
International Economic ◽  
Soviet Union ◽  
Global Economy ◽  
Large Scale ◽  
The United States ◽  
Economic Security ◽  
Sustainable Growth ◽  
Global System ◽  
Logical Aspect ◽  
History Of

The goal of this work is to examine the history of ensuring international economic security. This goal can be achieved through the following tasks: 1) determine and explore the stages of ensuring international economic security within historical-logical aspect; 2) characterize and signify the key events of these stages; 3) assess the effectiveness of the mechanism of international legal provision of economic security within the highlighted historical periods. History of ensuring international economic security allows understanding it as the state of global economy, which drives the significant and sustainable growth of economic indexes and demonstrates efficient satisfaction of the economic interests of all nations. In this article, the provision of international economic security was examined within the historical-logical aspect, determining three stages of this process: 1) period between two world wars, when for the first time humanity set forth a task to ensure economic security as the paramount existential factor; 2) during the 1940’s – 1980’s the struggle between the global system of Socialism and Capitalist world also took place as a competition for economic efficiency of the two socioeconomic formations; 3) the third period, arriving after the collapse of the Soviet Union and global system of Socialism, is characterized as creation of unipolar world that is dominated by the United States, which initiated the globalization processes. This led to collision of civilizations, threatening to morph into a large-scale civilizational conflict. At the current stage of civilizational collision, it is difficult to reach a consensus in majority of the key issues pertaining to international economic security.

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