Industrialization in an Open Economy: Nigeria, 1945–1966 by Peter Kilby London, Cambridge University Press, 1969. Pp. xii + 399. £4.75. - Exports and Economic Growth of Developing Countries by A. Maziels, assisted by L. F. Campbell-Boross and P. E. W. Rayment London, Cambridge University Press, 1968. Pp. xx + 443. £3.

1971 ◽  
Vol 9 (1) ◽  
pp. 150-153
Author(s):  
A. F. Ewing
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Open Economy ◽  
Cambridge University

Prospects for Employment Opportunities in the 1970s

1971 ◽  
Vol 9 (2) ◽  
pp. 283-291
Author(s):  
Archibald Callaway
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Labour Force ◽  
Employment Opportunities ◽  
Cambridge University ◽  
Development Committee ◽  
Almost All ◽  
Distribution Of Income ◽  
Overseas Development ◽  
Key Questions

Unemployment – and underemployment – of large proportions of the labour force is a central factor in almost all of today's developing countries. For many, this situation has steadily worsened despite the achievement during the last decade of relatively high rates of economic growth. Poverty and malaise characterise wide areas of the countryside as well as large sectors of major cities. These problems were explored by the eighth in the series of international conferences on development, sponsored by Cambridge University Overseas Development Committee. Key questions were posed: What are the facts of unemployment and underemployment? What are its causes? What measures should be taken to generate more employment opportunities and to reduce, simultaneously, the more glaring inequalities in the distribution of income?

Economic growth, inequality and trade in developing countries

2016 ◽  
Vol 15 (3) ◽  
pp. 240-253 ◽  
Author(s):  
Muhammad Tariq Majeed
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Open Economy ◽  
Developing Economies ◽  
Negative Relationship ◽  
Growth Effect ◽  
Data Set ◽  
Content Type ◽  
Long Run ◽  
Short Run

Purpose The purpose of this study is to analytically explore and empirically test the relationships between economic growth, inequality and trade using a panel data set of 65 developing economies from 1965 to 2010. Design/methodology/approach This study sets a theoretical framework to explain the growth-trade nexus differentials in the developing economies. The study uses different econometric methods such as General Method of Moments to address the relationship of trade with growth in the presence of high inequalities. Findings The study determines the positive effect of trade on growth both in the short-run and in the long-run. However, the growth effect of trade is substantially influenced by the domestic context in terms of the prevalence of high initial inequalities. The study identifies high initial inequalities in developing countries as the likely reason for a negative relationship between trade and economic growth. The trade-growth nexus is significantly negative for the unequal group but strongly significantly positive for the less unequal one. Practical implications Those developing economic which mange to ameliorate inequalities are in a better position to compete in an open economy. Originality/value The study contributes in the existing literature by answering the question why growth effects of trade are not definitely positive or negative. The findings of the studies may help the policy-makers of developing economies to take the advantage of increasing international trade.

scholarly journals Does Saving Really Matter For Growth In Developing Countries? The Case Of A Small Open Economy

2010 ◽  
Vol 9 (4) ◽  
Author(s):  
Olajide S. Oladipo
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Causal Relationship ◽  
Open Economy ◽  
Small Open Economy ◽  
Long Run ◽  
Equilibrium Relationship ◽  
Complementary Role ◽  
Toda And Yamamoto

The study employed the Toda and Yamamoto (1995) and Dolado and Lutkepohl (1996) –TYDL methodology to uncover the direction of causal relationship between savings and economic growth in Nigeria between 1970 and 2006. The empirical results suggest that savings and economic growth are positively cointegrated, indicating a stable long-run equilibrium relationship. Further, the findings revealed a unidirectional causality between savings and economic growth and the complementary role of FDI in growth.

Global Restructuring, Knowledge and Learning

2004 ◽  
pp. 66-76
Author(s):  
E. Hershberg
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Political Institutions ◽  
Lower Cost ◽  
International Competitiveness ◽  
Value Chains ◽  
Global Competitiveness ◽  
Global Restructuring ◽  
Intensive Exploitation ◽  
High Road

The influence of globalization on international competitiveness is considered in the article. Two strategies of economic growth are pointed out: the low road, that is producing more at lower cost and lower wages, with increasingly intensive exploitation of labor and environment, and the high road, that is upgrading capabilities in order to produce better basing on knowledge. Restrictions for developing countries trying to reach global competitiveness are formulated. Special attention is paid to the concept of upgrading and opportunities of joining transnational value chains. The importance of learning and forming social and political institutions for successful upgrading of the economy is stressed.

Markets, Technological Change and Economic Growth (The Quaid-i-Azam Lecture)

1994 ◽  
Vol 33 (4I) ◽  
pp. 327-356 ◽  
Author(s):  
Richard G. Lipsey
Keyword(s):  
United States ◽  
Economic Growth ◽  
Developing Countries ◽  
Common Ground ◽  
The United States ◽  
Industrial Countries ◽  
Canadian Institute ◽  
Primary Focus ◽  
Short Time

I am honoured to be invited to give this lecture before so distinguished an audience of development economists. For the last 21/2 years I have been director of a project financed by the Canadian Institute for Advanced Research and composed of a group of scholars from Canada, the United States, and Israel.I Our brief is to study the determinants of long term economic growth. Although our primary focus is on advanced industrial countries such as my own, some of us have come to the conclusion that there is more common ground between developed and developing countries than we might have first thought. I am, however, no expert on development economics so I must let you decide how much of what I say is applicable to economies such as your own. Today, I will discuss some of the grand themes that have arisen in my studies with our group. In the short time available, I can only allude to how these themes are rooted in our more detailed studies. In doing this, I must hasten to add that I speak for myself alone; our group has no corporate view other than the sum of our individual, and very individualistic, views.

Amiya Kumar Bagchi. The Political Economy of Underdevelopment. London: Cambridge University Press. 1982. Reprint 1983. pp.viii+276. List of books for further reading; Index. Price: £ 8.50 (paperback edition).

1985 ◽  
Vol 24 (1) ◽  
pp. 77-82
Author(s):  
Zia Ul Haq
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Third World ◽  
Social Process ◽  
Growth Strategies ◽  
Cambridge University ◽  
Working Classes ◽  
The Third ◽  
The Rich ◽  
The Third World

Amiya Kumar Bagchi, an eminent economist of the modern Cambridge tradition, has produced a timely treatise, in a condensed form, on the development problems of the Third World countries. The author's general thesis is that economic development in the developing societies necessarily requires a radical transformation in the economic, social and political structures. As economic development is actually a social process, economic growth should not be narrowly defined as the growth of the stock of rich capitalists. Neither can their savings be equated to capital formation whose impact on income will presumably 'trickle down' to the working classes. Economic growth strategies must not aim at creating rich elites, because, according to the author, "maximizing the surplus in the hands of the rich in the Third World is not, however, necessarily a way of maximizing the rate of growth".

CORRELATION BETWEEN TAX POLICY AND CORRUPTION IN THE LEGAL PERSPECTIVE FOR COUNTRY'S ECONOMIC GROWTH

2017 ◽  
Vol 1 (2) ◽  
pp. 205
Author(s):  
Gideon J. ◽  
Edgar H. ◽  
Ivan I. ◽  
Nabil N. ◽  
Aptina A. ◽  
...  
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Tax Evasion ◽  
Tax Policy ◽  
Public Awareness ◽  
Transparency International ◽  
Tax Amnesty ◽  
Legal Perspective ◽  
State Income ◽  
The Government

<p>People Tax is the main source of state income. The better the tax policy of a country, the better the development of a country. One of the factors that influence the level of public awareness in paying taxes is corruption. Study shows that tax collection is one of them influenced by corruption. In the data of Corruption Perceptions Index 2016 reported by Transparency International, Indonesia is ranked 90 out of 176 countries. Tax evasion is a serious problem for many countries. Every year, the government loses revenue potential as many residents evade taxes in various ways. For this reason, the government implements tax amnesty. Tax amnesty is designed to permanently reduce the amount of underground economy activity, thereby increasing tax revenues in the future and developing countries can grow well.</p>

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