Aid and sovereignty: quasi-states and the international financial institutions

2000 ◽  
Vol 26 (4) ◽  
pp. 557-573 ◽  
Author(s):  
DAVID WILLIAMS
Keyword(s):  
Economic Development ◽  
Financial Institutions ◽  
Self Determination ◽  
International Financial Institutions ◽  
The Enlightenment ◽  
National Economic ◽  
Social Arrangements ◽  
The Relationship ◽  
The Way

This article examines the changing status of ‘sovereignty’ in the context of some of the world's poorest countries. An examination of the relationship between the International Financial Institutions (IFIs) and these countries suggests that the norm of sovereignty is increasingly being ‘trumped’ by the IFIs' commitment to the achievement of good political and social arrangements and economic development within these countries. The article explores the historical roots of this development by tracing the way sovereignty became bound up with the idea of self-determination, the achievement of the ideals of the Enlightenment, and the pursuit of a ‘national economic project’.

The Significance of Regional Studies for the Elaboration of National Economic History

1960 ◽  
Vol 20 (4) ◽  
pp. 588-596 ◽  
Author(s):  
Henry W. Broude
Keyword(s):  
Economic Development ◽  
Economic History ◽  
Regional Differentiation ◽  
Regional Studies ◽  
National Economic ◽  
Methodological Problems ◽  
National Economic Development ◽  
Relationship Of ◽  
The Relationship ◽  
Point Of Departure

The purpose of this paper is to serve as a point of departure for discussion of the relationship of regional differentiation and growth to general economic development. In addition to touching on methodological problems, I hope to establish two specific points: (a) that the needs of economic history call for particular perspectives in delimiting regions, and (b) that study of regional interaction can provide insights in an understanding of national economic development.

scholarly journals Influence of Tourism on Economic Development in Asian Countries

2020 ◽  
Vol 5 (2) ◽  
pp. 207-216
Author(s):  
Wen-Chuan FU ◽  
◽  
Chia-Jui PENG ◽  
Tzu-Yi YANG ◽  
◽  
...  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Global Economy ◽  
Tourism Industry ◽  
Asian Countries ◽  
Cross Sectional ◽  
Rate Fluctuation ◽  
National Economic ◽  
International Entry ◽  
The Relationship

Although the tourism industry has recorded the lowest pollution, it significantly contributes to the global economy. Therefore, many countries have spent great efforts in promoting their tourism industry to support their entire economic development. This article considers factors related to the relationship between national economic growth and international entry tourism for 11 Asian countries to investigate the existence of the cross-sectional difference between these countries. Results show that exchange rate fluctuation is an alternative factor affecting economic growth risk, and common slope exists between countries. Moreover, international entry tourist headcount and income show differential slope in some countries, implying that these factors affect the economies of different Asian countries differently.

Paradox of Redistribution: Legislative Overrepresentation and Regional Development in Brazil

2018 ◽  
Vol 49 (4) ◽  
pp. 642-670 ◽  
Author(s):  
Taeko Hiroi
Keyword(s):  
Economic Development ◽  
Regional Development ◽  
Federal Government ◽  
Instrumental Variables ◽  
Rural Areas ◽  
Theoretical Argument ◽  
Economic Convergence ◽  
National Economic ◽  
Resource Transfers ◽  
The Relationship

Abstract This article examines the relationship between legislative malapportionment, redistribution, and regional economic development. One of the primary justifications for legislative malapportionment—the disparity between the share of legislative seats and the share of the national population—is interregional income equalization by means of favorable allocations of resources to rural areas through overrepresentation. By analyzing the case of Brazil using instrumental variables, this study evaluates the theoretical argument and the empirical validity of the presumed mechanism linking unequal representation to regional development and national economic convergence. It argues that in contexts of undeveloped democracies, rather than convergence, disproportionate resource transfers via overrepresentation hinder the development of beneficiary regions. The empirical analyses of Brazilian states indicate that while overrepresented jurisdictions do receive disproportionate shares of resources from the federal government, disproportionate resource transfers, and dependence on resource transfers attributable to overrepresentation hamper the development potential of those regions.

scholarly journals Individualistic values, institutional trust, and interventionist attitudes

2017 ◽  
Vol 13 (3) ◽  
pp. 575-598 ◽  
Author(s):  
HANS PITLIK ◽  
MARTIN RODE
Keyword(s):  
Economic Development ◽  
Self Determination ◽  
Institutional Trust ◽  
Lower Confidence ◽  
Economic Individualism ◽  
Personal Attitudes ◽  
Growth Promoting ◽  
Individualistic Culture ◽  
Mind Set ◽  
The Relationship

AbstractA popular explanation for economic development is that ‘individualistic values’ provide a mind-set that is favorable to the creation of growth-promoting institutions. The present paper investigates the relationship between individualistic values and personal attitudes toward government intervention. We consider two key components of an individualistic culture to be particularly relevant for attitude formation: self-direction (‘social’ individualism) and self-determination (‘economic’ individualism). Results indicate that both are negatively associated with interventionist attitudes. Effects of self-direction are much weaker though, than self-determination. Moreover, the effects of self-direction are mitigated through higher trust in the state and lower confidence in companies, while that is not the case for self-determination values. We conclude that especially economic individualism supports attitudes conducive to the formation of formal market-friendly institutions.

scholarly journals People with Disabilities, Self-Determination and Very Personal Acts

Teisė ◽  
2020 ◽  
Vol 114 ◽  
pp. 122-131
Author(s):  
Gaetano Di Martino
Keyword(s):  
Social Protection ◽  
People With Disabilities ◽  
Self Determination ◽  
Active Part ◽  
Persons With Disabilities ◽  
Way Of Thinking ◽  
The Relationship ◽  
The Way

The evolution of medical, social and economic sciences and, more generally, the way of thinking has profoundly changed the relationship between Society and people with disabilities: these persons, from the recipients of social protection and care, have become an active part of Society. Therefore, this publication analyzes the basis and limits of the powers of persons with disabilities in the context of ethical, political, religious and legal values.

To the Richest Go the Spoils? Immigration, Development, and the North-South Divide, 1970–2005

2016 ◽  
Vol 2 (3) ◽  
pp. 273-292
Author(s):  
Matthew R. Sanderson
Keyword(s):  
Economic Development ◽  
Global South ◽  
Positive Effects ◽  
The North ◽  
National Economic ◽  
Global North ◽  
First Time ◽  
The Relationship ◽  
North And South

This paper empirically assesses, for the first time, the relationship between immigration and national economic development in both the global North and the global South. A series of panel models demonstrate that immigration exacerbates North-South inequalities through differential effects on average per capita incomes in the global North and global South. Immigration has positive effects on average incomes in both the North and the South, but the effect is larger in the global North. Thus the relationship between immigration and development evinces a Matthew Effect at the world level: by contributing to differential levels of economic development in the North and South, immigration widens international inequalities in the long term, resulting in the accumulation of advantage in the North. The implications of the results are discussed in the context theory and policy on the migration-development nexus.

scholarly journals Macroeconomics and development of seaport. Case of Vietnam

2021 ◽  
Vol 8 (2) ◽  
pp. 19-25
Author(s):  
Thi Hong Van Pham ◽  
Thi Mai Thom Do
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Statistical Data ◽  
Development Economic ◽  
Investment Efficiency ◽  
Integration Process ◽  
National Economic ◽  
Import And Export ◽  
National Economic Development ◽  
The Relationship

Seaport industry plays an important role in local and national economic development. The development of the seaport industry creates a competitive advantage, promotes international trade and speeds up the integration process of nations, especially in developing countries. Many studies have noted the importance of seaports to economic development. Economic development is also one of the crucial factors in seaport development. Economic growth will promote domestic production and improve investment efficiency. The development of import and export activities directly affects the supply of goods and the scale of operations of seaports; the increasing in industrial-agricultural output will increase the volume of goods, thereby promoting the seaport industry. This research analyses the relationship between economic growth, export-import operations, industry & agriculture to cargo through ports based on statistical data for the period 2000–2019. This study selects the case of Vietnam, a developing economy with a long coastline along with the country, and its shipping capacity ranked 4th in the ASEAN region.

scholarly journals Modeling the influence of financial sector on real sector of Ukrainian economics

2020 ◽  
pp. 9-12
Author(s):  
Yuliia OMELCHENKO
Keyword(s):  
Economic Development ◽  
Stock Market ◽  
Financial Institutions ◽  
Financial Sector ◽  
Real Sector ◽  
Economic Relations ◽  
Industrial Enterprises ◽  
Depth Analysis ◽  
Socio Economic Development ◽  
The Relationship

Introduction: This paper is devoted to the study of the relationship between the financial and real sectors of the economy of Ukraine. Economic transformations of the domestic economy demonstrate the urgent need for financial bases to stimulate economic development. After all, the stabilization of industrial enterprises and the maintenance of a steady trend of increasing industrial production is directly related to financial security. It is also necessary to clarify possible contradictions between the financial and manufacturing sectors, as well as possible ways to resolve them, because we are talking about the decline or prosperity of the economy. For example, the underdevelopment of financial institutions and the investment of real sector free funds in speculative transactions instead of using them to reproduce fixed capital and increase capacity is one such complication. In turn, a weak financial system cannot provide a sufficient level of investment development, as a result of which the real sector attracts its own funds, which allows to achieve mainly only short-term goals. It should also be noted that the divergence of the financial and real sectors is expressed through certain economic relations. As financial institutions play a significant role in the formation of investment entities, it can be noted that insufficient financial potential and low ability to form a stable financial policy are weaknesses in the socio-economic development of Ukraine. Therefore, a detailed study of the convergence of the financial and industrial sectors can be taken into account in the formation of programs of socio-economic development in crisis or post-crisis conditions. The purpose of the paper is an in-depth analysis of the relationship between the financial and real sectors, as well as the consequences of their divergence. The realization of this goal has necessitated the disclosure of the essence of production and financial institutions, their impact on global crises. The subject of the study was the economic relations of the financial and production sectors and their features in terms of the economy of Ukraine. The object of analysis is cross-sectoral links and trends in their development. The reasons for the separation of these sectors are also investigated. Result. Using the obtained results, an economic-mathematical model of the economy functioning without the direct influence of the financial sector and a model taking into account the financial sector were built. A comparison of the models proves that the stock market has an impact on the productive sector of the economy. Conclusion. The development of the stock market can have a positive effect on GDP growth. However, at the same time it is necessary to regulate the activities of stock market participants to avoid excessive outflow of funds to the speculative stock market.

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