A cost-benefit analysis for the economic growth in China

2008 ◽  
Vol 65 (2) ◽  
pp. 356-366 ◽  
Author(s):  
Zongguo Wen ◽  
Jining Chen
2011 ◽  
Vol 2 (1) ◽  
pp. 3-7 ◽  
Author(s):  
Cass R. Sunstein

In the last twenty months, the Obama Administration has been taking an approach to regulation that is distinctive in three ways.First, we have approached regulatory problems not with dogma or guesswork, but with the best available evidence of how people really behave.Second, we have used cost-benefit analysis in a highly disciplined way, not to reduce difficult questions to problems of arithmetic, but as a pragmatic tool for cataloguing, assessing, reassessing, and publicizing the human consequences of regulation – and for obtaining public comment on our analysis. This emphasis on human consequences – on reducing or eliminating unjustified burdens on the private sector and on ensuring that high costs are justified by high benefits – is especially important in a period of economic difficulty. We have worked to put into place important safeguards while also making regulation compatible with the economic recovery, and while reducing the risk that costly regulations will have adverse effects on job creation, wages, prices, and economic growth as a whole.


2017 ◽  
Vol 4 (2) ◽  
pp. 101
Author(s):  
Bogdan Munteanu

The present article aims to look at the current monetary measures deployed by ECB to address the economic context of below expectations economic growth and inflation, taking into account the expression of monetary policy via the Expanded Asset Purchase Programme. This tool is used to push financial liquidity into the economies of the European Union, in a banking system affected by the crisis and which has been shown to be still at risk by the latest stress tests conducted by the European Banking Authority. The article points out why monetary measures are important to support the economic recovery in Europe, in an interventional context of monetary and fiscal policies of governing authorities, appealing to economic models to explain how the policies contribute to economic growth and development. The methodology used by the article is economic analysis and rationale, cost-benefit analysis, statistics of money market and banking industry indicators, etc. The conclusion emerging from this article is that the Asset Purchase Programme of ECB led in a certain degree to an improvement in the macro-economic environment on yields and on its transmission channels into the financial system and into economies.


1995 ◽  
Vol 32 (5-6) ◽  
pp. 71-78 ◽  
Author(s):  
B. Hollingworth ◽  
D. Mullins

The Sabie River is an important river catchment in South Africa because of its ecodiversity, importance to the Kruger National Park, agricultural and afforestation potential and relatively undeveloped water resources. These resources are under stress from increasing irrigation and a burgeoning population. In the mid-eighties an intensive river basin study was undertaken to guide and promote sustained development. The studies described in this paper were undertaken in order to include economic criteria in development investment decision making. These studies were firstly, a macro-economic view which extended to sector analysis and secondly, a cost-benefit analysis of the proposals. The first found that the balance between economic growth and the demand for water takes place in an area which exhibits a dualistic and interdependent nature, between the Sabie River subregion with dynamic economic growth sectors, and the Sand River subregion with a small economic base but high population concentration. The study introduces the concept of investment absorption capacity which uses Gross Geographic Product as a proxy in a methodology that indicates the maximum capital that can, technically, be invested in water resource development in the area. The second part uses traditional cost-benefit analysis to determine the economically preferred proposals for development.


2011 ◽  
pp. 57-78
Author(s):  
I. Pilipenko

The paper analyzes shortcomings of economic impact studies based mainly on input- output models that are often employed in Russia as well as abroad. Using studies about sport events in the USA and Olympic Games that took place during the last 30 years we reveal advantages of the cost-benefit analysis approach in obtaining unbiased assessments of public investments efficiency; the step-by-step method of cost-benefit analysis is presented in the paper as well. We employ the project of Sochi-2014 Winter Olympic and Paralympic Games in Russia to evaluate its efficiency using cost-benefit analysis for five accounts (areas of impact), namely government, households, environment, economic development, and social development, and calculate the net present value of the project taking into account its possible alternatives. In conclusion we suggest several policy directions that would enhance public investment efficiency within the Sochi-2014 Olympics.


2007 ◽  
pp. 70-84 ◽  
Author(s):  
E. Demidova

This article analyzes definitions and the role of hostile takeovers at the Russian and European markets for corporate control. It develops the methodology of assessing the efficiency of anti-takeover defenses adapted to the conditions of the Russian market. The paper uses the cost-benefit analysis, where the costs and benefits of the pre-bid and post-bid defenses are compared.


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