scholarly journals A review of existing pension services in developed and developing countries

2021 ◽  
Vol 258 ◽  
pp. 05040
Author(s):  
Zafar Beknazarov ◽  
Davron Rustamov
Keyword(s):  
Developing Countries ◽  
Global Economy ◽  
Pension System ◽  
Developed Countries ◽  
The World ◽  
Developing And Developed Countries

This paper examines the experience of organizing the pension system in developing and developed countries and develops recommendations for further improving the national pension system considering the specifics of the global economy. Besides that this paper aims at briefly comparing the indicators of average pensions in the world.

A Study on the Economic Benefits of Globalization: Focusing on the Poverty and Inequality between the Rich and the Poor

2009 ◽  
Vol 12 (2) ◽  
pp. 191-214 ◽  
Author(s):  
Sang-Hyup Shin
Keyword(s):  
Developing Countries ◽  
Global Economy ◽  
Developed Countries ◽  
Economic Benefits ◽  
Global Poverty ◽  
The Poor ◽  
Poverty And Inequality ◽  
The World ◽  
The Rich ◽  
The Developed Countries

Globalization is now well recognized by many as an inescapable feature of the world today. In particular, in the middle of global economic crisis globalization is one of the hot issues drawing much attention from countries around the world. There are contradictory perspectives on globalization. There are many sweeping statements that assert that economic globalization is increasing global poverty and inequality between the rich and the poor in the world. There are also many others who insist that the poverty and inequality issues have been resolved in some sense through globalization. In order to find the answer to the question, firstly the meaning of globalization was fully explained. Based on the understanding of globalization, the questions such as how globalization has contributed to reduce the economic gap between the developed and the developing countries, and to reduce the poverty by analyzing the economic growth, the number of people living below the absolute poverty line and so on were analyzed. The reasons why globalization is a good opportunity for some countries while some other countries get not something from the globalization was also discussed in this research. We found that globalization has contributed to reduce global poverty and to increase the welfare of both the developed and developing countries. However globalization has impacted different groups differently. Some have benefited enormously, while others have borne more of the costs. The developed countries could get more economic benefits from the less developed countries through globalization. This means, inequality between the rich and the poor countries still remained as a serious threat in the global economy. And even among the developing countries globalization has impacted differently. The trends toward faster growth and poverty reduction are strongest in developing economies that have integrated with the global economy most rapidly, which supports the view that integration has been a positive force for improving the lives of people in developing countries There are two main reasons for the inequality existing between the developed and developing countries. The fist one is the difference of economic size and power between the developed countries and the developing countries started to exist from the late 18th century. The second one is the differences in the management skill in taking advantage of the globalization.

scholarly journals How Does the Global Economy Crisis Influence in Managing Investment in Indonesia

The Winners ◽  
2012 ◽  
Vol 13 (2) ◽  
pp. 147
Author(s):  
Enggal Sriwardiningsih
Keyword(s):  
Developing Countries ◽  
Emerging Markets ◽  
Global Economy ◽  
Developed Countries ◽  
Subprime Mortgage ◽  
Poor Countries ◽  
Mortgage Crisis ◽  
The World ◽  
Liquidity Crisis ◽  
Growing Economy

July 2007 is the beginning of the world’s subprime mortgage crisis. Since then, the world’s liquidity crisis occurred and never found any solution until now. The liquidity crisis began to spread from developed countries to poor countries, developing countries and emerging markets with two channels. This contagious crisis made growing economy and emerging economy fell. No country in the world survived, including Indonesia. This paper discussed the management of investments in Indonesia. It started from the spread of global crisis to Indonesia and its impact on investment in Indonesia. Then, we discussed the government's efforts to encourage investment. The last was the view of the investment for the next three years (2010-2014)

Factors that Determine the Adoption of Cloud Computing

2012 ◽  
pp. 210-223 ◽  
Author(s):  
Bay Arinze ◽  
Murugan Anandarajan
Keyword(s):  
Cloud Computing ◽  
Developing Countries ◽  
Developed Countries ◽  
The Internet ◽  
The World ◽  
Computer Services ◽  
Security And Reliability ◽  
Developing And Developed Countries ◽  
It Innovations

Cloud computing has spread within enterprise faster than many other IT innovations. In cloud computing, computer services are accessed over the Internet in a scalable fashion, where the user is abstracted in varying degrees from the actual hardware and software and pays only for resources used. This paper examines the adoption of cloud computing in various regions of the world, as well as the potential of cloud computing to impact computing in developing countries. The authors propose that cloud computing offers varying benefits and appears differently in regions across the world, enabling many users to obtain sophisticated computing architectures and applications that are cost-prohibitive to acquire locally. The authors examine issues of privacy, security, and reliability of cloud computing and discuss the outlook for firms and individuals in both developing and developed countries seeking to utilize cloud computing for their computing needs.

Internet Use around the World: An Empirical Assessment

2017 ◽  
Vol 16 (6) ◽  
pp. 683-699
Author(s):  
Minh Dao
Keyword(s):  
Developing Countries ◽  
Low Income ◽  
Internet Use ◽  
Developed Countries ◽  
Computer Access ◽  
Middle Income ◽  
Middle Income Countries ◽  
The World ◽  
Internet Application ◽  
Developing And Developed Countries

Abstract This paper empirically assesses the effect of the determinants of Internet use, using several samples of both developed and developing countries. Based on a sample of 23 low-income economies in 2015, we find that Internet use depends upon computer access. Using a sample of 38 lower middle-income countries we find that Internet use depends upon Internet quality and Internet affordability. Using a sample of 41 upper middle-income countries, we find that computer access and Internet affordability influence Internet use. From a sample of 45 high-income countries, we are able to show that computer access, Internet quality, and affordability do affect Internet use. Using a sample of thirty oecd countries, we find that Internet use depends upon computer access and Internet quality. When a sample of 150 developing and developed countries is used, results show that Internet use is influenced by computer access, Internet quality, Internet affordability, and Internet application.

scholarly journals Development trends of the current global economy

2020 ◽  
pp. 23-26
Author(s):  
Viktoriia DERHACHOVA ◽  
Viktoriia HOLIUK ◽  
Oleksandr ZGHUROVSKYI
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Global Economy ◽  
Industrial Revolution ◽  
Developed Countries ◽  
World Market ◽  
Economic Convergence ◽  
African Countries ◽  
Current Trends ◽  
The World

Nowadays modern economics is going through a lot of changes, that makes Ukrainian businessmen track its all current trends to support the necessary level of competitiveness on the world market. The purpose of the paper is to research the current trends of the global economy and identify its prospects. The study has brought the following results. The authors identified that among the most significant trends that determine the future of the global economy are the following: economic convergence, globalization, changes in the ranking of economic growth leaders in favor of Asian countries, the growth of cryptocurrency markets, constant growth of the global debt, changes in the demographic map in favor of African countries. China, which has been considered to be the major driver of global economic development for the last decade, will gradually lose its positions to India. The article points out that today we can observe a phenomenon of economic convergence, which approximates level of economic development of different countries through faster growth rates of gross domestic products in developing countries compared to developed countries. The main causes of economic convergence include globalization, which has contributed to the spread of know-how, decline in the working-age population in developed countries compared to the rest of the world, increase in labor productivity in developing countries, and redistribution of the labor force of these countries toward higher productivity sectors. The study identifies the prospects for modifying the economic map of the world based on the following factors: increase in the rate of development of Asian economies, population growth and urbanization of certain countries in Asia and Africa, slowdown in the economic development of developed countries and the aging of European nations. The article identifies that all of these trends take place in the framework of the fourth industrial revolution, which largely determines these changes, shaping the sectoral and geographical structure of the global economic development and employment.

scholarly journals Population Growth and Economic Development in Developing and Developed Countries

2018 ◽  
Vol 7 (4.34) ◽  
pp. 123
Author(s):  
Mohd Khairul Amri Kamarudin ◽  
Noorjima Abd Wahab ◽  
Mahadzirah Mohamad ◽  
Ahmad Shakir Mohd Saudi ◽  
Mohamad Shaharudin Samsurijan ◽  
...  
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Population Growth ◽  
Free Market ◽  
Strong Relationship ◽  
Developed Countries ◽  
Free Market Economy ◽  
The World ◽  
Developing And Developed Countries

This research examines the effects of population growth on the economic development between the two developed and developing countries which is Singapore and Malaysia. They were many previous studies that have sought to gauge the effects or impact of population growth along the economic development. It was said that there was a strong relationship between the effects of population growth and the economic development, which is the growth of population is depending on the economic growth. Singapore was well known worldwide as a highly developed free-market economy. The economy of Singapore has been ranked as the most open in the world and the most-pro business. The population in the country is estimated at 5.5 million recently. As for Malaysia, it is known as the most competitive developing countries and is ranked on the 5th largest in South Asia. The population estimated at 31.63 million in Malaysia.  

The Protection of Intellectual Property in the Global Economy

2020 ◽  
Author(s):  
Kamal Saggi ◽  
Olena Ivus
Keyword(s):  
Developing Countries ◽  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Open Economy ◽  
Global Economy ◽  
Empirical Support ◽  
Developed Countries ◽  
The United States ◽  
The World

Longstanding international frictions over uneven levels of protection granted to intellectual property rights (IPR) in different parts of the world culminated in 1995 in the form of the Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS)—a multilateral trade agreement that all member countries of the World Trade Organization (WTO) are obligated to follow. This landmark agreement was controversial from the start since it required countries with dramatically different economic and technological capabilities to abide by essentially the same rules and regulations with respect to IPRs, with some temporary leeway granted to developing and least developed countries. As one might expect, developing countries objected to the agreement on philosophical and practical grounds while developed countries, especially the United States, championed it strongly. Over the years, a vast and rich economics literature has emerged that helps understand this international divide. More specifically, several fundamental issues related to the protection of IPRs in the global economy have been addressed: are IPRs trade-related? Do the incentives for patent protection of an open economy differ from those of a closed one and, if so, why? What is the rationale for international coordination over national patent policies? Why do developed and developing countries have such radically different views regarding the protection of IPRs? What is the level of empirical support underlying the major arguments for and against the TRIPS-mandated strengthening of IPRs in the world economy? Can the core obligations of the TRIPS Agreement as well as the flexibilities it contains be justified on the basis of economic logic? We discuss the key conclusions that can be drawn from decades of rigorous theoretical and empirical research and also offer some suggestions for future work.

Factors that Determine the Adoption of Cloud Computing

2010 ◽  
Vol 6 (4) ◽  
pp. 55-68 ◽  
Author(s):  
Bay Arinze ◽  
Murugan Anandarajan
Keyword(s):  
Cloud Computing ◽  
Developing Countries ◽  
Developed Countries ◽  
The Internet ◽  
The World ◽  
Computer Services ◽  
Security And Reliability ◽  
Developing And Developed Countries ◽  
It Innovations

Cloud computing has spread within enterprise faster than many other IT innovations. In cloud computing, computer services are accessed over the Internet in a scalable fashion, where the user is abstracted in varying degrees from the actual hardware and software and pays only for resources used. This paper examines the adoption of cloud computing in various regions of the world, as well as the potential of cloud computing to impact computing in developing countries. The authors propose that cloud computing offers varying benefits and appears differently in regions across the world, enabling many users to obtain sophisticated computing architectures and applications that are cost-prohibitive to acquire locally. The authors examine issues of privacy, security, and reliability of cloud computing and discuss the outlook for firms and individuals in both developing and developed countries seeking to utilize cloud computing for their computing needs.

scholarly journals Akamatsu Waves

2017 ◽  
Author(s):  
Arno Tausch ◽  
Leonid Grinin ◽  
Andrey Korotayev
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
World War Ii ◽  
Textile Industry ◽  
Developed Countries ◽  
World War ◽  
The World ◽  
Catch Up ◽  
Convergence And Divergence ◽  
Developing And Developed Countries

In 1937, the Japanese economist Kaname Akamatsu discovered specific links between the rise and decline of the global peripheries. Akamatsu’s theory of development describes certain mechanisms whose working results in the narrowing of the gap between the level of development of the economy of developing and developed countries, and, thus, in the re-structuring of the relationships between the global core and the global periphery. Akamatsu developed his model on the basis of his analysis of the economic development of Japan before World War II, with a special emphasis on the development of the Japanese textile industry. Akamatsu’s catch-up development includes three phases: import of goods, organization of the production of previously imported products, and export of those goods. This model proved to be productive for analyzing the development of many other developing countries, especially in East Asia, making the theory of flying geese popular among the economists of these countries, as well as the whole world. The “flying geese” model produces certain swings that may be denoted as Akamatsu waves. Akamatsu waves may be defined as cycles (with a period ranging from 20 to 60 years) that are connected with convergence and divergence of core and periphery of the World System in a way that explains cyclical upward and downward swings (at global and national levels) in the movements of the periphery countries as they catch up with the richer ones.

IMPACT OF NATIONAL DISASTER COVID-19, INDONESIA TOWARDS ECONOMIC RECESSION

2020 ◽  
Author(s):  
endang naryono
Keyword(s):  
Developing Countries ◽  
Economic Recession ◽  
Developed Countries ◽  
Social Distancing ◽  
Poor Countries ◽  
Corona Virus ◽  
The World ◽  
History Of ◽  
National Disaster

Covid-19 or the corona virus is a virus that has become a disaster and a global humanitarian disaster began in December 2019 in Wuhan province in China, April 2020 the spread of the corona virus has spread throughout the world making the greatest humanitarian disaster in the history of human civilization after the war world II, Already tens of thousands of people have died, millions of people have been infected with the conona virus from poor countries, developing countries to developed countries overwhelmed by this virus outbreak. Increasingly, the spread follows a series of measurements while patients who recover recover from a series of counts so that this epidemic becomes a very frightening disaster plus there is no drug or vaccine for this corona virus yet found, so that all countries implement strategies to reduce this spread from social distancing, phycal distancing to with a city or country lockdown.

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