Economic Development

1960 ◽  
Vol 1 ◽  
pp. 35-50 ◽  
Author(s):  
Choh-Ming Li

In the ten years of Communist rule since late 1949 a thoroughgoing revolution has taken place on the Chinese mainland in economic organisation, savings and investment, and distribution, with profound effects on the daily lives of the people. Peking has claimed that immense progress has been made on all economic fronts, including the real income of industrial and agricultural workers. It has felt confident enough to shorten from fifteen to ten years (beginning 1958) the target period at the end of which its output of electric power and certain major industrial goods would match or exceed that of Britain. In the non-Communist world, commentators vary greatly in their judgments; they range from those who reject all the official statistics and consider no important progress to have been made during the period, to those who not only accept the claims in tato but have advanced all sorts of arguments to defend even those claims that Peking has later had to repudiate.

1966 ◽  
Vol 7 (2) ◽  
pp. 264 ◽  
Author(s):  
Shun-hsin Chou ◽  
Ta-chung Liu ◽  
Kung-chia Yeh

1966 ◽  
Vol 39 (1/2) ◽  
pp. 171
Author(s):  
Bernhard Grossman ◽  
Ta-Chung Liu ◽  
Kung-Chia Yeh

1965 ◽  
Vol 75 (299) ◽  
pp. 604 ◽  
Author(s):  
Joan Robinson ◽  
Ta-Chung Liu ◽  
Kung-Chia Yeh

Author(s):  
Syamsuri Syamsuri ◽  
Hasria Alang

Economic potential is the capacity of an area that contains potential resources, both natural resources and human resources, to be developed and become an opportunity in improving the community’s economy by looking at the real income of the people in that place. One way that can be done to improve the community’s economy is optimizing the superior plants in the area. Economic development can be done by maximizing the effect of commodities that already exist and cultivated for a long time. Puundoho Village is one of the villages with superior crops grown, namely Patchouli. Patchouli oil has high economic value because it contains compounds, terpenoids, phytosterols, flavonoids, organic acids, lignin, alkaloids, glycosides, alcohol, and aldehydes are used in the health and cosmetic fields. The purpose of the study was to see the feasibility of the economic potential of Patchouli (P. cablin) in Puundoho Village using Analisis Revenue Cost Ratio (R/C). The research was conducted from January to February 2021. The method used in this research is qualitative and quantitative. It was collecting data through observation and interviews. The results ratio showed 5,86, so it can be interpreted that Patchouli Industry is feasible to develop.


2021 ◽  
Vol 17 ◽  
pp. 1008-1028
Author(s):  
Tat'yana A. ZHURAVLEVA ◽  
Anastasiya E. ZUBANOVA

Subject. The economic position of households is determined by expenditures out of public income. The standard of living of people correlates with phases of the cyclical development of economy. Objectives. We examine the consumption in Russia, considering the nominal and real income of the Russian people, expenditures incurred for the ultimate consumption. We also trace how standards of living change, as well as trends in the consumer demand in Russia during the economic crisis. Methods. Studying households' consumption in Russia given the economic cyclicality, we applied methods of logic and statistical analysis. Results. As the crisis aggravated in Russia during the coronavirus pandemic in 2019–2020, Russia's GDP insignificantly decreased by 3.1 percent, however households' consumption dropped by 8.6 percent. The consumer demand was found to distort in Russia, as people consumer less non-food products and tend to decline expensive food products. Such consumption trends stems from a decrease in income and, consequently, expenditures as people working as employees have their salaries cut and jobs become more scarce during the COVID-19 pandemic. Conclusions and Relevance. It is vital to bring the economy to its recovery and raise the standard of living by developing the middle class, which considerably shrank during the pandemic. Negative trends in people's wellbeing somewhat preserved macroeconomic indicators of the Russian economic development, since net export increased, currency remained within the countries because people mainly spend less on food and traveling. However, the Russian policy for economic development should pursue interests of the people, whose standard of living should be a priority.


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