Historical state stability and economic development in Europe

2019 ◽  
Vol 8 (3) ◽  
pp. 425-443 ◽  
Author(s):  
S.P. Harish ◽  
Christopher Paik
Keyword(s):  
Economic Development ◽  
Elite Capture ◽  
Long Duration ◽  
Development State

AbstractIn this paper, we show that state stability exhibits a persistent and robust non-monotonic relationship with economic development. Based on observations in Europe spanning from 1 to 2000 AD, regions that have historically experienced either short- or long-duration state rule on average lag behind in their local wealth today, while those that have experienced medium-duration state rule fare better. These findings support the argument that both an absence as well as an excess of state stability are bad for economic development. State instability hinders investment for growth, while too much stability is likely indicative of elite capture and subsequent stagnation of innovation.

scholarly journals THE PROBLEMS IN THE APPLICATION OF STATE SUPPORT INSTRUMENTS IN ENERGY SECTOR

2012 ◽  
Vol 1 (4) ◽  
pp. 199
Author(s):  
Līga Leitāne
Keyword(s):  
Economic Theory ◽  
Economic Development ◽  
Public Support ◽  
Energy Sector ◽  
Mechanisms Of Action ◽  
European Countries ◽  
Theory Approach ◽  
State Support ◽  
Successful Development ◽  
Development State

Energy is one of the most important sectors of economic development. State support schemes are a prerequisite for successful development of the energy sector. As state support schemes vary in their use and mechanisms of action, the work analyzes support schemes used in Latvia according to their main results, as well as gives analysis of the economic theory approach to the state support schemes and their usefulness. The paper summarizes support schemes in certain European countries, as well as electricity tariffs in the European capitals. In her work, the author has made conclusions about the problems in public support schemes, both theoretical and practical, and developed proposals for the improvement of state support schemes.

scholarly journals PROSPECTS OF INNOVATIVE DEVELOPMENT OF THE MACHINE-BUILDING INDUSTRY IN AZERBAIJAN

2021 ◽  
Vol 16 (06) ◽  
pp. 37-42
Author(s):  
Natavan Ibragimova Natavan Ibragimova
Keyword(s):  
Economic Development ◽  
Mechanical Engineering ◽  
Machine Building ◽  
Building Industry ◽  
Industrial Complex ◽  
Innovative Development ◽  
Strategic Development ◽  
Current State ◽  
Qualified Personnel ◽  
Development State

The article discusses the priority directions of innovative development of the machine-building complex in Azerbaijan. Mechanical engineering as the most important branch of industry is an industry capable of ensuring sustainable and sustainable innovative development of the country's economy. However, in the era of globalization, this area has faced numerous problems. This can be explained by: a shortage of investments; outdated means of basic production; high competition in domestic and global markets; a shortage of qualified personnel, etc. All this makes it urgent to modernize and recreate the machine-building industry of Azerbaijan in accordance with the requirements of the time. Based on this necessity, the article examines the aspects of sustainable economic development of the machine-building industrial complex. At the end of the article, assessing the current state of the machine-building industrial complex of Azerbaijan, strategic directions of its scientifically-based innovative economic development are proposed. Keywords: strategic development, mechanical engineering, competitiveness, innovative development, state support

Marx – Marxismus – Sozialismus

2018 ◽  
Vol 66 (4) ◽  
pp. 405-428
Author(s):  
Gerd Irrlitz
Keyword(s):  
Economic Development ◽  
Working Class ◽  
19Th Century ◽  
Marxist Theory ◽  
Development Trends ◽  
Long Duration ◽  
Free Development ◽  
Historical Periods

Abstract The article looks at Marxist theory under two separate aspects: the socialist perspective of teleological determination of actions and causal determination over the long duration of historical periods. The first aspect is historically very changeable; Marx was thinking within the conditions of 19th century. As for the second aspect, his assessment of economic development trends was generally accurate. However, nowadays new societal aspects also need to be taken into account and their potential to contribute to the free development of society evaluated – albeit without one able to build on the traditional working class (in the sense of the first aspect of Marx’s theory).

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