Guinea and the Ivory Coast– Contrasts in Economic Development

1972 ◽  
Vol 10 (3) ◽  
pp. 409-426 ◽  
Author(s):  
Michael O'connor

Guinea and the Ivory Coast are neighbouring, former French colonies in West Africa. Both gained their independence about the same time – Guinea in 1958 and the Ivory Coast in 1960. The contrast in the subsequent economic performance of these two countries with closely corresponding resource endowments is remarkable. The Ivory Coast's gross domestic product has grown at an annual rate of about 8 per cent in real terms. The Guinean economy has stagnated. A review of the economic record of both since independence suggests that three factors were mainly responsible for their strikingly unequal performance: (1) differences in governmental philosophies of mobilisation and organisation of resources; (2) differences in the extent to which foreign markets shaped domestic economic expansion; and (3) differences in the role of foreign entrepreneurs in the national development effort.

2004 ◽  
Vol 31 (2) ◽  
pp. 125-148 ◽  
Author(s):  
Balbir S. Sihag

Kautilya, a 4th century B.C.E. economist, recognized the importance of accounting methods in economic enterprises. He realized that a proper measurement of economic performance was absolutely essential for efficient allocation of resources, which was considered an important source of economic development. He viewed philosophy and political science as separate disciplines but considered accounting an integral part of economics. He specified a very broad scope for accounting and considered explanation and prediction as its proper objectives. Kautilya developed bookkeeping rules to record and classify economic data, emphasized the critical role of independent periodic audits and proposed the establishment of two important but separate offices - the Treasurer and Comptroller-Auditor, to increase accountability, specialization, and above all to reduce the scope for conflicts of interest. He also linked the successful enforcement of rules and regulations to their clarity, consistency and completeness. Kautilya believed that such measures were necessary but not sufficient to eliminate fraudulent accounting. He also emphasized the role of ethics, considering ethical values as the glue which binds society and promotes economic development.


2018 ◽  
pp. 1369
Author(s):  
Rio Surya Wijaya ◽  
I Made Sukartha

National development of a nation includes economic development and Micro, Small and Medium Enterprises (MSMEs). MSME performance needs to be examined because the contribution of the MSME sector to the Gross Domestic Product (GDP) has increased from 57.84% to 60.34% in the last 5 years. This study aims to determine the effect of intellectual intelligence, emotional intelligence, and spiritual intelligence of the owner on the performance of Micro, Small and Medium Enterprises. Research subjects are the performance of UMKM in Denpasar City. The sample determination technique used in this study is Probably sampling used using a simple random technique. There are 100 MSMEs as samples with a questionnaire statement totaling 71 statements. Based on the results of the analysis of research obtained intellectual intelligence has a positive influence on the performance of MSMEs, Emotional Intelligence has a positive influence on the performance of SMEs, and Spiritual Intelligence has a positive influence on the performance of SMEs. Keywords: Intellectual Intelligence, Emotional Intelligence, and Spiritual Intelligence.


2020 ◽  
Vol 4 (4) ◽  
pp. 519
Author(s):  
Nur Aini Fitriya Ardiani Aniqoh

This study analyzes The Role of Digital Economy  to Enhancing Sustainable  Economic Development. The general objective of this research is to assist the government in determining the right policy on the implement of digital economy and its impact on the the sustainable economic development, especially in Indonesia. In Indonesia the digital economy has increasingly developed in the field of ecommerce. The ecommerce industry is not merely talking about buying and selling goods and services via the internet. But there are also other things in it such as inter-service providers, telecommunications providers and others. This is the reason why the ecommerce industry must be adapted to be able to push the economic pace forward. The government is currently declaring Indonesia as the largest digital economy in 2020 and is targeted to be the largest in Southeast Asia. One of the foundations of national development in this declaration is the digital sector. The government targets ecommerce transactions to reach US $ 130 billion and creates 1,000 technopreneur with a business value of US $ 10 billion in 2020.  Therefore this research will provide policy benefits in strengthening government institutions in order to control the implementation of digital economy in Indonesia so that it give the positive impact on the sustainable economic development to be able to prosper the community and have a positive impact on the environment and increasing the economic value.


2016 ◽  
Vol 1 (2) ◽  
Author(s):  
Gustavo Henrique Sperandio Roxo

<p><strong>COMPRAS PÚBLICAS COMO INSTRUMENTO PARA O DESENVOLVIMENTO ECONÔMICO NACIONAL: NOVIDADES E QUESTIONAMENTOS ORIUNDOS DAS ALTERAÇÕES PROMOVIDAS PELA LEI Nº 12.349/2010 </strong></p><p><strong>Resumo:</strong> O poder de compra do Estado é um instrumento relevante para a promoção do desenvolvimento econômico nacional, em especial quando alinhado a outros mecanismos de política industrial de corte vertical. Considerando a magnitude das compras públicas no Brasil, torna-se ainda mais necessário que os certames licitatórios atendam não apenas ao interesse primário da Administração Pública (maior “vantajosidade” nas contratações), mas também realizem políticas públicas vinculadas aos objetivos constitucionais que imperativamente moldam toda a atuação do Estado brasileiro. Neste sentido, torna-se essencial compreender como as alterações promovidas no art. 3º da Lei Geral de Licitações (Lei n.º 8.666/1993) possibilitam a efetiva conformação de políticas públicas a partir do mecanismo das compras governamentais. O presente estudo abordará especialmente as disposições legais e regulamentares que tornam subsistente a concessão de tratamento privilegiado na aquisição de produtos manufaturados e/ou serviços nacionais, seja a partir da instituição de margens de preferência, seja pela restrição à participação de bens importados nos certames licitatórios.</p><p><strong>Palavras-chaves:</strong> margem de preferência; licitações; tratamento privilegiado; restrição a bens importados; desenvolvimento nacional sustentável.</p><p><strong>PUBLIC PURCHASES AS AN INSTRUMENT FOR NATIONAL ECONOMIC DEVELOPMENT: NEWS AND QUESTIONS FROM THE AMENDMENTS PROMOTED BY LAW Nº 12.349 OF 2010</strong></p><p><strong>Abstract:</strong> Public policies can be managed by the application of measures that restrict the government’s purchase of supplies, producing relevant effects in the economic development, especially when these mechanisms are aligned with other vertical industrial policy measures. Considering the magnitude of Brazilian government procurement budget, it becomes strictly necessary that bidding processes conform also the purpose of promoting public policies connected to the economic constitutional aims, that necessarily must shape the role of Brazilian State. This work paper aim to understand how the changes introduced by the art 3º of the General Procurement Law (Law n.º 8.666/1993) allow the effective shaping of public polices from the mechanism of government procurement. This study will discuss in particular legal tools that make subsistente the privileged treatment concession in the puchase of manufactured goods and/or national services, either from the institution of preference margins, either by restricting the participacion of imported goods in the bidding processes.</p><p><strong>Keywords:</strong> preference margins; government procurement; privileged treatment; national development; bidding processes.</p><p><strong>Data da submissão:</strong> 09/11/2016                   <strong>Data da aprovação:</strong> 09/12/2016</p>


Author(s):  
John Tomaney

This chapter explores the ways in which regions that are remote from the main concentrations of economic wealth and power can achieve development in a high cost environment. The role of effective institutions in creating the conditions for economic development has become a major field of scholarship. Recently, these insights have been applied to the urban and regional scale. This chapter pays particular attention to the role that regional and local institutions play in shaping patterns of economic performance, especially in high cost environments. The chapter examines ways in which this new thinking is informing regional policy. It provides some case studies of regions that have succeeded in the high cost environment of Europe. It concludes by stressing the importance of effective and adept local and regional institutions in ensuring the prosperity of cities and regions.


2020 ◽  
Vol 35 (3) ◽  
pp. 257-268
Author(s):  
Thanyani S Madzivhandila ◽  
Mazanai Musara

Local economic development policies around the world increasingly emphasise entrepreneurship as a tool to mobilise local and indigenous economic potential. This paper explores the role of local municipalities in entrepreneurship development in South Africa. In particular, it provides a critical review of local economic development strategies and their effect on entrepreneurial development. Special attention is placed on deeply rural municipalities, primarily because of their marginalisation from national development efforts and the acute need for entrepreneurial development to tackle the triple challenges, which are unemployment, poverty and inequality. The paper argues that local municipalities should play a pivotal role in enhancing the development and upliftment of entrepreneurs in their areas of jurisdiction. The paper uses an integrative literature review method in which sources such as academic journal articles, reports and books are analysed, critiqued and synthesised. Lessons are drawn from other developed and developing nations, combined with the observations and thorough review of literature, to develop a framework that can inform South African Local Municipalities in mobilising entrepreneurship development in their communities. The paper concludes that for entrepreneurship development to be strengthened and for local economic development to be accomplished, local municipalities should invest in the development of entrepreneurship within their municipalities.


2006 ◽  
Vol 30 (2) ◽  
pp. 127-148 ◽  
Author(s):  
John Walsh

This paper is about the debate over the role of language and culture in socio-economic development. Drawing on his experience of Ireland, the author examines the rich historical tradition of debate about the positive role which language can play in national development, and suggests a theoretical grounding for those arguments. The elaboration of such a theoretical basis is essential as a counterbalance to powerful and dominant global forces which engage in, as Stephen May puts it, “the denunciation of ethnicity”. Those pursuing these arguments have frequently used a form of economic Darwinism in order to justify the marginalisation or extermination of threatened languages or to oppose multilingualism generally. This paper lays out the foundations of an alternative approach which posits that all languages and cultures, regardless of their status or numerical size, can be integrated into processes of socio-economic development, and that none is inherently anti-development. It is hoped that the arguments presented here will also stimulate debate about the nature of the concept of development itself, and facilitate closer integration of the often distinct disciplines of language planning and policy and socio-economic development.


2015 ◽  
Vol 36 (1) ◽  
Author(s):  
Peter White

We cannot realistically analyse national development without factoring religion into the analysis. In the same way, we cannot design any economic development plan without acknowledging the influence of religion on its implementation. The fact is that, many economic development policies require a change from old values, attitudes, beliefs and behaviour patterns of the citizenry to those that are supportive of the new policy. Christianity has become a potent social force in every facet of Ghanaian life, from family life, economic activities, occupation, and health to education. In the light of the essential role of religion in national development, this article discusses the role the Basel Mission Society played in the development of Ghana and its missiological implications. This article argues that the Basel Mission Society did not only present the gospel to the people of Ghana, they also practicalised the gospel by developing their converts spiritually, economically, and educationally. Through these acts of love by the Basel Mission Society, the spreading of the Gospel gathered momentum and advanced.Intradisciplinary and/or interdisciplinary implications: The article contributes to the interdisciplinary discourse on religion and development with specific reference to the role of the Basel Mission Society�s activities in Ghana (1828�1918). It provides missiological implications of their activities in the light of the broader Ecumenical discourses.


2021 ◽  
Vol 10 (4) ◽  
pp. 114
Author(s):  
Myslym Osmani ◽  
Kledi Kodra ◽  
Drini Salko

This study focuses on the institutional factors of Albania's economic development, from a comparative, dynamic, and regional European perspective. We use longitudinal data for the years 2002, 2014, and 2019 and a small selection of 13 countries in the region and some EU member states. Descriptive statistics, graphical representation, and econometric modeling are used for data analysis. The purpose of the study is to discuss, in real and comparative terms with the region and beyond, the economic growth of Albania based on the GDP per capita indicator, as well as to identify and evaluate dynamically the role of institutions in the country's development through important institutional factors, such as the effectiveness of government, rule of law, corruption, etc. The analysis shows that Albania's economic performance is weakover the last two decades. This is reflected in the insufficient relative growth of GDP per capita, the small increase in per capita income, and especially in the low increase in income for every 1% of relative growth. In these indicators, Albania continues to be consistently in the lowest positions in the region and beyond. The study highlights the strong link between economic growth and the effectiveness of government, the rule of law, and weak control over corruption. Improving corruption control by one unit in the range (-2.5 to 2.5) is expected to improve GDP per capita by an average of about 2.2 times. Improving the rule of law by one point is expected to improve GDP per capita on average by about 2.4 times. The country's sluggish economic performance is mainly attributed to weak institutions.   Received: 4 March 2021 / Accepted: 6 May 2021 / Published: 8 July 2021


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