scholarly journals A WAR WITHOUT INFLATION: THE CASE OF ARGENTINA 1865–1870

2021 ◽  
pp. 1-9
Author(s):  
Carlos Newland
Keyword(s):  
Economic Growth ◽  
Money Supply ◽  
Currency Substitution ◽  
The Other ◽  
Demand For Money ◽  
Other Hand ◽  
Rapid Economic Growth

ABSTRACT Although paper note issuance increased dramatically in Argentina during the Triple Alliance War, inflation was not significant. This occurred because only a fraction of the increase in paper bills led to an expansion of the money supply, the rest being currency substitution. On the other hand, an increase in the demand for money for transactions was generated by rapid economic growth.

scholarly journals THE ECONOMIC POLICY OF TURKEY’S JUSTICE & DEVELOPMENT PARTY – QUITE ‘UN-ISLAMIC’ IN SOME ASPECTS

2020 ◽  
pp. 90-104
Author(s):  
Natalia Ulchenko ◽  
◽  
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Foreign Capital ◽  
The Other ◽  
Other Hand ◽  
Rapid Economic Growth ◽  
External Sources ◽  
The One

The Article reviews the economic policy of Turkey’s ruling Justice & Development Party. We’ll see, that, contrary to the Islamic tenets, which it is bound to espouse, the Party has been making the country ever more dependent on the external sources of finance. On the one hand, the inflow of the foreign capital has fostered the rapid economic growth. But on the other hand, Turkey already is and obviously, will continue to be hostage to increased dependence on the inflow/outflow of funds from the outside.

scholarly journals THE ECONOMIC POLICY OF TURKEY’S JUSTICE & DEVELOPMENT PARTY – QUITE ‘UN-ISLAMIC’ IN SOME ASPECTS

2019 ◽  
pp. 251-264
Author(s):  
Natalia Ulchenko
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Foreign Capital ◽  
The Other ◽  
Other Hand ◽  
Rapid Economic Growth ◽  
External Sources ◽  
The One

This article reviews the economic policy of Turkey’s ruling Justice & Development Party. We’ll see, that, contrary to the Islamic tenets, which it is bound to espouse, the Party has been making the country ever more dependent on the external sources of finance. On the one hand, the inflow of the foreign capital has fostered the rapid economic growth. But on the other hand, Turkey already is and obviously, will continue to be hostage to increased dependence on the inflow/outflow of funds from the outside.

Oil, Rates and Inflation

2005 ◽  
pp. 4-20
Author(s):  
E. Yasin
Keyword(s):  
Economic Growth ◽  
Money Supply ◽  
Raw Materials ◽  
Gdp Growth ◽  
Business Activity ◽  
Demand For Money ◽  
Percentage Points

Currency inflow in Russia from raw materials exports allows taking into account high business activity to assimilate growing money supply transforming it into economic growth. Fall in business activity as a result of pressure on business led to saturation of demand for money. This considerably increases the danger of inflation growth and requires sterilization of excess money supply including the usage of the Stabilization Fund. According to the author's estimates, corresponding losses in GDP growth will equal 1-2 percentage points per year.

Japan's Role in Asia-Pacific Cooperation

1991 ◽  
Vol 513 (1) ◽  
pp. 25-37 ◽  
Author(s):  
SABURO OKITA
Keyword(s):  
United States ◽  
Economic Growth ◽  
International Economic ◽  
The United States ◽  
Growth Potential ◽  
The Other ◽  
Asia Pacific ◽  
Asia Pacific Economic Cooperation ◽  
Rapid Economic Growth ◽  
International Trading

The Asia-Pacific countries achieved rapid economic growth with the flying-goose model in the 1980s, growth buttressed by export-oriented development strategies and the policy culture in these countries. While Japan and the other Asia-Pacific countries still have strong growth potential, many problems remain, including trade imbalances with the United States and the rise of protectionism there, the Asia-Pacific economies' vulnerability, and the need to consolidate the infrastructure for growth. It is imperative that Japan contribute to the development of the region by responding effectively to these issues and that it strengthen the international trading arrangements by promoting Asia-Pacific cooperation premised on openness. Given the region's great internal diversity, Asia-Pacific economic cooperation can well serve as a model for international economic coordination.

Comparative Analysis of Major Issues Involved in IPR and Competition Policy

2013 ◽  
pp. 172-185
Author(s):  
Nisha Dhanraj ◽  
Mamta Sharma
Keyword(s):  
Economic Growth ◽  
Comparative Analysis ◽  
Competition Policy ◽  
The Other ◽  
Market Conditions ◽  
Economic Rationale ◽  
Other Hand ◽  
Restrictive Trade ◽  
Competition Laws

As IPR and competition laws share the same economic rationale, they both are crucial for the establishment of competitive and innovative market conditions. On the other hand, these two regimes are conflicting to each other, IP grants monopoly, whereas competition laws seek to undo monopolistic and restrictive trade practices. Therefore, focus has been shifted towards how these two separate regimes are complementary and conflicting to each other through their goals, how competition policy is effective on IPRs, and IPRs on competition policy. IPRs granted by patents, copyrights, and trademarks, etc. play an important role in fostering innovation and sustaining economic growth.

Budget Deficits: A Major Cause of Inflation?

1978 ◽  
Vol 6 (1) ◽  
pp. 115-127 ◽  
Author(s):  
Ansel M. Sharp ◽  
Phyllis Smith Flenniken
Keyword(s):  
Economic Theory ◽  
Empirical Evidence ◽  
Money Supply ◽  
The Other ◽  
Real Output ◽  
Budget Deficits ◽  
Single Variable ◽  
Other Hand

This paper examines the proposition that budget deficits are a major cause of inflation. Economic theory does not unconditionally support the proposition, and available empirical evidence does not support the proposition. During periods of expansion, 1949–1973, the increases in the money supply that can be directly traced to budget deficits are often a contributing but not necessarily a major cause of inflations. On the other hand, the fiscal effects of the budget, because of the automatic growth in federal receipts, are usually checking the growth in both prices and real output. Based on the discussion and data presented in this paper, the deficit hypothesis cannot be accepted. Inflations are too complicated phenomena to be explained by a single variable such as budget deficits.

Public holidays, tourism, and economic growth

2017 ◽  
Vol 24 (4) ◽  
pp. 473-485 ◽  
Author(s):  
Franco Barrera ◽  
Nicolás Garrido
Keyword(s):  
Economic Growth ◽  
Optimal Number ◽  
The Other ◽  
Nonlinear Relationship ◽  
Other Hand ◽  
The One ◽  
Public Holidays

In this article, a mechanism supporting the existence of an inverted u-shaped relation between the number of public holidays and the growth of an economy is presented. The nonlinear relationship is originated by two forces within a Schumpeterian economy: On the one hand, as the number of public holidays grows, the total number of workers searching for innovation increases; on the other hand, as the number of days of recreation increases, the number of working days producing innovations decreases. The combination of these two forces generates the inverted u-shaped relationship. The hypothesized mechanism suggests the existence of an optimal number of public holidays for an economy.

scholarly journals Financial Inclusion and Demand for Money: a Dynamic Panel Data Approach

2018 ◽  
Vol 7 (2) ◽  
pp. 137-148
Author(s):  
Zelin Nurfadia Sidik ◽  
Noer Azam Achsani ◽  
Syamsul Hidayat Pasaribu
Keyword(s):  
Economic Growth ◽  
Financial Institution ◽  
Developed Countries ◽  
Dynamic Panel Data ◽  
Financial Inclusion ◽  
The Other ◽  
Demand For Money ◽  
Dynamic Panel ◽  
On Demand ◽  
The Impact

Financial inclusion is designed to increase the opportunities and society participation in the formal financial institution, especially for unbanked people. Moreover, financial inclusion is one of strategy inclusive economic growth. However, financial inclusion may lead an ineffectiveness of monetary policy. It is because financial inclusion can affect the sensitivity of interest rate, and it could cause instability demand for money. Therefore, the research aims to analyze the impact of financial inclusion on demand for money, reserve money (M0), in 36 countries for the period 2004 to 2014. The method that used is Dynamic Panel Approach. The result shows that financial inclusion stimulates the increase of demand for reserve money (M0) in developed countries. In the other hand, the increasing of financial inclusion could decrease the demand for reserve money (M0) in developing countries.DOI: 10.15408/sjie.v7i2.6838

scholarly journals Belarus-China: Avoiding the “Debt Trap”

2021 ◽  
Author(s):  
Kiryl Rudy
Keyword(s):  
Economic Growth ◽  
Foreign Debt ◽  
Soviet Economy ◽  
The Other ◽  
Industrial Park ◽  
Belt And Road Initiative ◽  
Other Hand ◽  
Industrial Projects ◽  
Belt And Road ◽  
The Government

Since 2005 Belarus with its developing Post-Soviet economy has been attracting loans from China. By 2019 China became among top three international lenders for Belarus. On one hand Chinese loans financed infrastructure and industrial projects and supported economic growth in Belarus, and on the other hand they increased import from China and foreign debt of Belarus. In order to overcome the phobia of Chinese “debt trap” the Government of Belarus recently decreased the number and amount of Chinese loans tied to infrastructure projects, improved credit terms, increased FDI from China, and created joint industrial park ‘Great Stone’. As a result, the case of Belarus and China outlines how to avoid “debt trap” in ‘Belt and Road’ initiative by focusing on FDI from China.

scholarly journals Μυθολογικές μορφές στα νομίσματα της Πολυρρήνιας και της Φαλάσαρνας, δύο όμορων αρχαίων πόλεων της Δυτικής Κρήτης

2020 ◽  
pp. 395-415
Author(s):  
Emmanouil Marinakis ◽  
Keyword(s):  
Economic Growth ◽  
The Other ◽  
Long Period ◽  
Other Hand ◽  
Two Cities

Polyrrhenia and Phalasarna were both the most powerful ancient towns in the western part of Crete. The first was built on the mainland, whereas the second was a harbour town. The major political, military and economic growth for both towns maintained from the 4th century BC onwards, when their coinage flourished too, as it is also attested to other Cretan towns. Polyrrhenia had used various coin types, in silver and bronze, for a long period of time (4th - 1st century BC.), having as prominent deities, Zeus, Artemis, Hera and Apollo. On the other hand, Phalasarna retains the same coin types in silver (Head of female goddess / Trident, as symbol of Poseidon and of maritime power) for a shorter period (4th - 3rd century BC). The relief from the sanctuary of Dictynna is a very important document, because it depicts the two patron goddesses respectively. They are presented full-bodied and standing, accompanied with their symbols, in a gesture of handshaking, as a sign of the alliance between the two cities.

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