The Role of Macroeconomic Policy in the Economic Development of European Countries in Transition

2020 ◽  
pp. 1-9
Author(s):  
Ivan Milojević ◽  
Mihailo Ćurčić ◽  
Valentina Jovanović
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Special Focus ◽  
Macroeconomic Analysis ◽  
Economic Progress ◽  
Macroeconomic Indicators ◽  
The Republic ◽  
Countries In Transition ◽  
Mutual Relations

With a special focus on the Republic of Serbia, this article will examine the macroeconomic performance of the external macroeconomic sector and its impact on the economic progress of developing countries. Our aim is to prove that economic development and the growth of the external macroeconomic sector are correlated. We will do so by analysing how macroeconomic parameters are conditioned. By analysing the macroeconomic and primarily dynamic indicators of countries in transition, including Serbia, it is possible to determine the situation and changes as well as potential causes of economic development. A macroeconomic analysis of developing countries can also determine the characteristics of economic development and mutual relations between macroeconomic indicators.

Governance (The Iqbal Memorial Lecture)

1999 ◽  
Vol 38 (4I) ◽  
pp. 355-384
Author(s):  
Paul P. Streeten
Keyword(s):  
Developing Countries ◽  
Civil Society ◽  
Development Aid ◽  
Memorial Lecture ◽  
Economic Progress ◽  
Trust And Reciprocity ◽  
Countries In Transition ◽  
National Boundaries ◽  
The Many

The paper argues against the currently fashionable case for “state minimalism”. It argues for a strong, activist state, though operating on a different basis and in different areas from the many recently failed interventionist states and many developing countries. The paper seeks to rescue alternative perspectives, such as the importance of the “civil society” that cuts across national boundaries. Global participation is examined. “Market-friendly” interventions are welcomed only if they are “people-friendly”. The role of the civil society, the problems of the post-socialist countries and the role of the fashionable slogans privatisation, liberalisation, deregulation and decentralisation are analysed. These are seen to call for many qualifications. The links between democracy, capitalism and development are reviewed. The social capital of trust and reciprocity that is invested in norms and networks of civic life is seen as a vital factor of effective government and economic progress. Should economic reform precede political reform in the countries in transition? Some lessons can be learned for the developing countries from the countries in transition. An analysis of the politics and the political economy of development aid follow. Buffers between donors and recipients are suggested, such as mutual monitoring of each other’s performance by recipients, a council of wise men and women, or a secretariat with genuinely global loyalties. A quiet style in aid-giving is also an option, when potential improvers are rewarded, without the imposition of conditionality. The paper then goes on to a presentation of various theories of the state. A non-maximising theory is recommended. It ends with a set of policy conclusions for governments and for aid agencies.

Moral Factor of Social and Economic Progress

2007 ◽  
pp. 55-62 ◽  
Author(s):  
O. Bogomolov
Keyword(s):  
Economic Development ◽  
Social Justice ◽  
Moral Atmosphere ◽  
Economic Progress ◽  
Moral Factor

The article reveals the influence of the spiritual and moral atmosphere in the society on economic development. The emphasis is put especially on the role of social confidence and social justice. The author indicates also some measures on improving the worsening moral situation in Russia.

The role, significance, and expected effects of regional projects implemented in the Chechen Republic

2021 ◽  
Vol 19 (3) ◽  
pp. 470-499
Author(s):  
Sulaiman S. RESHIEV ◽  
Andi S. VAGAPOV ◽  
Isa S.-M. KHUTUEV
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Socio Economic Development ◽  
Regional Project ◽  
The Russian Federation ◽  
The Republic ◽  
Project Objectives ◽  
Regional Projects ◽  
Competitive Economy

Subject. This article discusses and analyzes regional projects to be implemented in the Chechen Republic for the period 2019–2024. Objectives. The article aims to develop a set of proposals aimed at improving the competitiveness of the Republic's economy. Methods. For the study, we used the methods of systems and statistical analyses. Results. The article describes the role of regional projects in the development of the socio-economic sphere of the Chechen Republic and proposes a set of measures the implementation of which will help shape a competitive economy in the Republic. Conclusions. Regional project objectives and indicators need to be better defined. Regional projects are elements of national projects designed to contribute to a breakthrough in the scientific, technological and socio-economic development of the Russian Federation.

scholarly journals Political Stability and Security Status

2019 ◽  
Vol 3 (1) ◽  
pp. 11-13
Author(s):  
Ribaz Chato Biro
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Direct Investment ◽  
Political Stability ◽  
Kurdistan Region ◽  
Economic Sectors ◽  
Autonomous Region ◽  
Economic Progress ◽  
New Destination

Political stability and security have become important factors of sustainable economic progress for the developing countries, especially states with the experience of war and instability. Kurdistan Region of Iraq (KRI) as a semi-autonomous region tried to improve the level of political stability and security status, to gain more foreign direct investment (FDI) and economic growth. Consequently, KRI has become the safest region in Iraq and enjoyed political stability and safety. Therefore, during the last decade, KRI has occurred as a new destination of FDI in the Middle East and has received notable progress in most of the economic sectors. The aim of this study is to evaluate the role of political stability and security status on the FDI attractions and their consequences on economic development. However, it will investigate the factors that make the KRI safer than the rest of Iraq.

scholarly journals Priority directions of development “Uzbekneftegas” jsc in the conditions of globalization of the world economy

2019 ◽  
Vol 139 ◽  
pp. 01008
Author(s):  
G.Zh. Allaeva
Keyword(s):  
Economic Development ◽  
Energy Balance ◽  
Natural Gas ◽  
World Economy ◽  
Economic Globalization ◽  
Hydrocarbon Production ◽  
The World ◽  
The Face ◽  
The Republic

The article considers the role of “Uzbekneftegas” JSC in the economic development of the fuel and energy complex of the Republic in the face of increasing global economic globalization. The structure of the company, the priority areas for the development of JSC activities are shown. The perspective directions in hydrocarbon production are considered. The data on the production, use and distribution of natural gas by sectors of the economy of Uzbekistan are presented, and the structure of the energy balance of the Republic of Uzbekistan is shown.

scholarly journals Mutual Effects of Land Distribution and Economic Development: Evidence from Asia, Africa, and Latin America

Land ◽  
2019 ◽  
Vol 8 (6) ◽  
pp. 96 ◽  
Author(s):  
Hossein Azadi ◽  
Eric Vanhaute
Keyword(s):  
Developing Countries ◽  
Human Capital ◽  
Economic Development ◽  
Latin America ◽  
The Political ◽  
Land Distribution ◽  
Land Inequality ◽  
Comparative Review ◽  
Different Dimensions

Land plays an important role in the economies of developing countries, and many theories connecting land inequality with different dimensions of economic development already exist. Even though efficacious land distribution allows societies to transition from poverty to a human capital-based developed economy, ongoing issues related to property rights, inequality, and the political economy of land distribution are unavoidable. The general objective of this paper is to explore the nexus between land distribution and economic development. The specific objectives are to: (i) identify which land distribution programs/activities contribute to economic development; (ii) investigate the role of stakeholders in land distribution programs that affect the growth of productivity; and (iii) assess the deficiencies of current land distribution policies in Asia, Africa, and Latin America to explore how economic development theories contribute to decreasing income inequality. This paper provides an overview of land distribution history and the main economic development theories. It also highlights the links between land distribution and the main elements of economic development. Finally, it provides a comparative review of the most recent empirical works regarding the characteristics, limitations, and potential (mutual) effects of land distribution and economic development settings on developing countries worldwide.

A World of Homicides

2012 ◽  
Vol 16 (3) ◽  
pp. 238-258 ◽  
Author(s):  
Marc Ouimet
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Income Inequality ◽  
Infant Mortality ◽  
Socioeconomic Factors ◽  
Human Development ◽  
Homicide Rate ◽  
Regression Analyses ◽  
Medium Level

The current study contrasts and compares the role of socioeconomic factors that explain variations in the homicide rate for 165 countries in 2010. Regression analyses demonstrate that economic development (GNI), inequality (Gini), and poverty (excess infant mortality) are significant predictors of the homicide rate for all countries. However, subsample analyses shows that income inequality, not economic development or poverty, predicts homicide for countries with a medium level of human development. Also, the variations in homicide for developing countries are inadequately explained by our model. To conclude, an analysis of the countries that exhibited significant discrepancies between their predicted and observed homicide rate is discussed.

The Role of Trade in Economic Development

1968 ◽  
Vol 22 (1) ◽  
pp. 44-71 ◽  
Author(s):  
Isaiah Frank
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
International Organizations ◽  
World Trade ◽  
Development Process ◽  
Trade Policies ◽  
Poor Countries ◽  
Effective Instrument ◽  
First Time

The key role of trade in the development process is widely accepted today. Two recent events, both relating to international organizations, underscore this acceptance. One was the convening in 1964 of the United Nations Conference on Trade and Development (UNCTAD) and its establishment as a permanent organ of the UN system. Under UNCTAD's aegis a continuing examination is being conducted as to ways of reshaping world trade policies in the interests of the developing countries. The other event was the adoption early the following year of a new set of articles on trade and development in the General Agreement on Tariffs and Trade (GATT). In the new articles recognition of the role of exports in economic development was established for the first time in the text of the GATT itself, and a constitutional basis was provided for GATT's many activities designed to promote the exports of developing countries. Elsewhere in this volume are essays evaluating the contributions of UNCTAD and GATT toward the promotion of development in the world's poor countries. In this essay I will rather explore more generally the relation between international trade and economic development and discuss some of the problems that have arisen in the effort to make trade a more effective instrument of development.

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