History, Politics, and Economic Development in Liberia

1965 ◽  
Vol 25 (4) ◽  
pp. 569-591 ◽  
Author(s):  
George Dalton

American and European economists who work in the least developed countries of Africa, Asia, or the Middle East sometimes come away with the feeling of having learned more than they imparted. Nor is this surprising: the minds of economists are often more receptive to development than are the exotic economies in which they now work. In considering problems of underdevelopment and processes of development we learn—inadvertently, as it were—new things about conventional fields of economics and about the developed economies of Europe and America. These feedbacks have been particularly valuable to economic historians who have given us fresh insights into European, Russian, Japanese, and American development as a direct consequence of the present concern with developing the backward countries. Economic history is now wedded to economic development.

2014 ◽  
Vol 6 (01) ◽  
Author(s):  
JAVED ALAM SHEIKH

Almost 50 per cent of the world population is constituted by the women and they have been making substantial contribution to socio-economic development. But, unfortunately their tremendous contribution remains unrecognized and unnoticed in most of the developing and least developed countries causing the problem of poverty among them. Empowering women has become the key element in the development of an economy. With women moving forward, the family moves, the village moves and the nation moves. Hence, improving the status of women by way of their economic empowerment is highly called for. Entrepreneurship is a key tool for the economic empowerment of women around the world for alleviating poverty. Entrepreneurship is now widely recognized as a tool of economic development in India also. In this paper I have tried to discuss the reasons and role of Women Entrepreneurship with the help of Push and Pull factors. In the last I have also discussed the problems and the road map of Women Entrepreneurs development in India.


Author(s):  
Kiran Bahadur Pandey

Foreign aid is essential for least developed countries like Nepal because these countries have the shortage of fund to meet their domestic investment for accelerating economic development and also to finance the import of essential capital goods required for the development. Nepal receives foreign aid from bilateral and multilateral sources. Following a descriptive approaches this paper analyses the trend of foreign did flow in Nepal from aggregative perspective. Economic Journal of Development Issues Vol. 23&24 No. 1-2, (2017) Combined Issue, Page : 71-76


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Fernando Angulo-Ruiz ◽  
Albena Pergelova ◽  
William X. Wei

Purpose This research aims to assess variations of motivations when studying international location decisions. In particular, this study aims to assess the influence of diverse motivations – seeking technology, seeking brand assets, seeking markets, seeking resources and escaping institutional constraints – as determinants of the international location choice of emerging market multinational enterprises (EM MNEs) entering least developed, emerging, and developed countries. Design/methodology/approach The authors develop a set of hypotheses based on the ownership–location–internalization framework and complement it with an institutional perspective. The conceptual model posits that the different internationalization motivations (seeking technology, seeking brand assets, seeking markets, seeking resources and escaping institutional constraints) will impact the location choice of EM MNEs in developed economies, emerging markets or least developed countries. This study uses the 2013 survey data collected by the China Council for the Promotion of International Trade and the Asia Pacific Foundation of Canada. The final sample of analysis of this research includes 693 observations. Findings After controlling for several variables, two-stage Heckman regressions show there is a variation of motivations when EM MNEs enter least developed countries, emerging markets and developed economies. EM MNEs are motivated to enter least developed countries to seek markets and resources. Conversely, those firms enter developed countries in their search for technological assets and to escape institutional constraints at home. While the present study findings show a clear difference in the motivations that lead to location choice in least developed vs developed countries, the results are not as clear for location in other emerging countries. Research limitations/implications The paper offers empirical support for the importance of motivations as crucial determinants of location choice. Originality/value This paper provides a detailed quantitative study on the internationalization location choice of EM MNEs based on their motivations. Though theoretical models underscore the importance of motivations, we know very little about how, in practice, motivations drive location choice. This study contributes to the international location choice literature a deeper understanding of how diverse motivations drive choices of expansion into developed economies, emerging markets or least developed countries.


Author(s):  
Owais Hassan Shaikh ◽  
Yifat Nahmias

This chapter highlights the current developments in the area of intellectual property having direct consequence for the prospects of Africa's knowledge society. Even though African countries, especially the Least Developed Countries (LDCs), have not yet faced pressure from the EU, US, and EFTA for higher intellectual property standards, the situation may change soon with the imminent deadline for conclusion of Economic Partnership Agreements in 2014, the lapse of Africa Growth and Opportunities Act in 2015, and the expiry of the Cotonou Agreement in 2020. African countries will be well advised to decouple trade and intellectual property issues by promoting interregional trade or trade with other developing countries that do not demand TRIPS-Plus protection. They must also negotiate intellectual property within the ambit of the WTO.


2020 ◽  
Author(s):  
Juan Pablo Rud ◽  
Ija Trapeznikova

Abstract Least developed economies are characterised by poorly functioning labour markets: only a small fraction of workers is in paid employment, where productivity and wages are low. We incorporate a standard search framework into a two-sector model of development to assess the importance of different obstacles to job creation and productivity. The model provides new insights in the characterisation of poorly developed labour markets that are observed in the data, such as high wage dispersion. We estimate the model using micro data for six countries in Sub-Saharan Africa and highlight the empirical relevance of labour market frictions, entry costs and skills.


2016 ◽  
Vol 22 (6) ◽  
pp. 1174-1190 ◽  
Author(s):  
Namhyun Kim ◽  
HakJun Song ◽  
Ju Hyun Pyun

This study investigates the relationship among tourism, poverty, and economic development in developing countries. The empirical model is set up using unbalanced panel observations for 69 developing countries for the period 1995–2012. The findings show that tourism has heterogeneous effects on the poverty ratio in terms of a country’s income per capita: the positive effect of tourism on poverty alleviation switches to being negative after a certain threshold of a country’s income level. The results of this study indicate that only the least developed countries (those with an income per capita below international dollar 3400) have benefited from the tourism industry in terms of reducing their poverty ratios.


2013 ◽  
Vol 5 (2) ◽  
pp. 57-90
Author(s):  
Darius Žiemelis

The article is devoted to the presentation of the economic conceptions of the most influential non-Marxist (Karl Bücher, Max Weber) and neo-Marxists (Witold Kula, Immanuel Wallerstein) disclosing their analytical value in the investigations of the typologization of Lithuania‘s social economic history in the 16th-19th centuries (up to 1861). It is established that K. Bücher’s and M. Weber’s conceptions of economic development are best suited to analyze the qualitative changes in the organization of the economic life of the most developed countries in Western Europe (primarily – England) rather than the socio-economic reality of the less developed countries. For the research of the latter better suited are the Marxist (W. Kula‘s model of the feudal economy) and the neo-Marxist (I. Wallerstein’s capitalist world-system conception) concepts analyzing the economic development of less developed countries. The typological diagnosis of Lithuania‘s social economic history in the 16th-19th centuries (up to 1861) is presented.


Forests ◽  
2020 ◽  
Vol 11 (1) ◽  
pp. 100 ◽  
Author(s):  
Tetsuya Michinaka ◽  
Ei Hlaing ◽  
Thaung Oo ◽  
Myat Mon ◽  
Tamotsu Sato

National circumstances should be considered in establishing and adjusting forest reference emission levels (FRELs/FRLs) under the United Nations Programme on Reducing Emissions from Deforestation and Forest Degradation (UN-REDD+ Programme). Myanmar, one of the world’s least developed countries may face accelerating deforestation under an open and democratic political system that desires rapid economic development. This research analyzes the impacts of population growth and economic development on forest areas in Myanmar by using panel data analysis, an econometrics approach based on panel data of forest areas, population, and gross domestic product (GDP) by states and regions in 2005, 2010, and 2015. This research revealed that per capita GDP and population density gave statistically significant negative impacts on forest areas. Using the regression model obtained above, medium population growth projections, and three GDP development scenarios, annual forest areas from 2016 to 2020 were forecast. The forecasting results showed possible higher deforestation under higher economic development. Finally, this research showed the necessity of adjusting the current average deforestation for RELs in the REDD+ scheme in Myanmar and the direction in which the adjustment should go.


Author(s):  
Mugaahed Abdu Kaid Saleh ◽  
Manjunath K.R.

Purpose: The stud aims to compare the status of entrepreneurship activities and the encouragement of entrepreneurship in the five least-developed countries: Afghanistan, Bangladesh, Rwanda, Sudan, and Yemen. Approach/Methodology/Design: A comparative method is adopted, a comparison of the status of entrepreneurship among five different least developed countries (Afghanistan, Bangladesh, Rwanda, Sudan, and Yemen). By relying on secondary data, with the help of tabulation and visualization of the data, four main variables are used to compare entrepreneurship in these countries (Definition, development, obstacles, and reforms). Findings: The results showed that the least developed countries do not pay much attention to the sector of SMEs as a crucial sector for economic development. Among the five countries, Rwanda is found to be the reference point in achieving remarkable development in the aspect of entrepreneurial development. Practical Implications: Based on the different experiences examined in the study, a model of the key drivers of entrepreneurial change is suggested. It would act as a roadmap to drive the economy towards achieving entrepreneurial change as in the case of Rwanda. Originality/value: The study proposes a model for embracing entrepreneurial change which can be tested and validated in further research work. The study also attempts to attract the attention of policymakers and international development partners towards the importance of encouraging entrepreneurship activities in the least developed countries.


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