Exports and Economic Growth of East European Economies, 1996–2007

2010 ◽  
pp. 179-196
Author(s):  
Shahdad Naghshpour ◽  
Bruno S. Sergi
Keyword(s):  
Economic Growth ◽  
East European ◽  
European Economies

scholarly journals Public R&D and Science – Industry Links in Economic Development: Implications for Bosnia and Herzegovina

2021 ◽  
Author(s):  
Slavo Radošević
Keyword(s):  
Economic Growth ◽  
Bosnia And Herzegovina ◽  
Current Understanding ◽  
Transfer Of Knowledge ◽  
Middle Income ◽  
East European ◽  
Conventional View ◽  
Catching Up ◽  
European Economies

The paper presents the current understanding of the role of public R&D in economic growth and the science–industry links from middle-income economies like Bosnia and Herzegovina (BiH). In the second part, we present the conventional view on science–industry links which see these linkages primarily in terms of a one-way transfer of knowledge or its commercialisation from R&D to the business enterprise sector. Based on the comparative data, which also includes BiH, we show an alternative approach and argue about its relevance in the context of BiH. Our conclusion is that science–industry links (SIL) should support technology upgrading and not (or not only) R&D based growth. In the next section, we present the current understanding of the role of public R&D in economic growth. Section two explores the role of public R&D in the catching up context, while section 3 explores specifically the role of science-industry links in catching up context. Section 4 proposes a ‘Triple Helix’ approach to science - industry linkages for catching up economies. We illustrate its features within the data for the central and east European economies. Finally, section 5 concludes with implications for BiH

Implications of Brexit for Skilled Migration from India to the UK

2021 ◽  
pp. 001573252110122
Author(s):  
Rupa Chanda ◽  
Neha Vinod Betai
Keyword(s):  
Transition Period ◽  
The European Union ◽  
Jel Codes ◽  
Decision To Leave ◽  
East European ◽  
The United Kingdom ◽  
Take Back ◽  
The Uk ◽  
European Economies ◽  
The Eu

In June 2016, the United Kingdom took the world by surprise with the results of its referendum on whether to remain in the European Union (EU). With a 52% majority, the country decided to leave the bloc in which it had been a member since 1973. With this outcome began the long process of Brexit negotiations between UK and the EU. The UK officially ceased to be an EU member on 31 January 2020, with a transition period up to the end of 2020. The decision to leave the EU came on the back of rising bitterness among people. Membership in the EU was seen as expensive and not beneficial to the country. One of the major campaigning points of the leave camp was the issue of immigration. Given that free movement of people is an important part of being in the EU, the party argued that leaving the EU would help the country take back control of its borders. Immigration in the UK has been on the rise since the early 2000s. It shot up further with the accession of the eight East European economies into the EU. Figure 1 shows how, leading up to Brexit, immigration from the EU to the UK was constantly increasing. JEL Codes: F00, F30, F22, F23

scholarly journals The Impact of Economic Freedom on Economic Growth? New European Dynamic Panel Evidence

2020 ◽  
Vol 13 (2) ◽  
pp. 26
Author(s):  
Ivana Brkić ◽  
Nikola Gradojević ◽  
Svetlana Ignjatijević
Keyword(s):  
Economic Growth ◽  
Economic Freedom ◽  
Negative Impact ◽  
Developed Countries ◽  
Dynamic Panel ◽  
Heritage Foundation ◽  
Eu Membership ◽  
Time Period ◽  
European Economies ◽  
The Impact

This paper analyzes the impact of economic freedom along with traditional economic factors on economic growth for a panel of European countries. The growth of the gross domestic product was observed over a twenty-year time period on a sample of 43 developing and developed countries. Based on a robust dynamic panel setting, we conclude that increases in economic freedom as expressed by the Index of Economic Freedom/Heritage Foundation (but not its levels) are related to economic growth. The EU membership status either had no effect or it curbed the effect of the economic freedom on growth. We also find that the subprime economic crisis of 2008–2009 exerted a negative impact on the growth of European economies.

scholarly journals From Convergence to Divergence: Portuguese Economic Growth, 1527–1850

2019 ◽  
Vol 79 (2) ◽  
pp. 477-506 ◽  
Author(s):  
Nuno Palma ◽  
Jaime Reis
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Eighteenth Century ◽  
Economic Decline ◽  
Upward Trend ◽  
Per Capita Gdp ◽  
Per Capita ◽  
European Standards ◽  
European Economies ◽  
First Time

We construct the first time-series for Portugal’s per capita GDP for 1527–1850, drawing on a new database. Starting in the early 1630s there was a highly persistent upward trend which accelerated after 1710 and peaked 40 years later. At that point, per capita income was high by European standards, though behind the most advanced Western European economies. But as the second half of the eighteenth century unfolded, a phase of economic decline was initiated. This continued into the nineteenth century, and by 1850 per capita incomes were not different from what they had been in the early 1530s.

Financial depth and economic growth - the case of Hungary, the Czech Republic and Poland

2004 ◽  
Vol 54 (3) ◽  
pp. 297-321
Author(s):  
Katalin Mérő
Keyword(s):  
Economic Growth ◽  
Czech Republic ◽  
Financial Intermediation ◽  
Bank Loans ◽  
Eastern European ◽  
Financial Deepening ◽  
The Czech Republic ◽  
Catching Up ◽  
European Economies ◽  
The Relationship

The article focuses on the relationship between economic growth and financial intermediation, with special focus on the process of catching up in three Central and Eastern European economies: Hungary, the Czech Republic and Poland (CEC-3). The depth of financial intermediation and economic growth exhibit a close, direct relationship with each other. According to recent studies the relationship is causal and the level of financial development is a good indicator of future economic growth. Examining the relationship between the two factors is especially important for these Central and Eastern European economies, where the level of financial intermediation is very low compared to that of developed countries. The lack of financial deepening is even more pronounced taking into consideration that there is a significant catching-up process in every other areas of the economy. The initial proposition here is that in order to these countries catching up, their economic growth must necessarily be accompanied by a marked financial deepening, without which long-term economic growth is impossible. It is absolutely necessary that in the future the role of bank loans in these economies increases significantly and that a period characterised by a lending boom follows. The lending boom should occur in CEC-3 is not an unequivocal sign of imprudent lending or a supply-side expansion of bank loans - on the contrary, it should be viewed as complementary to the economic development at the given economic stage.

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