Firm Behaviour, Private Investment and Structural Adjustment

2003 ◽  
pp. 44-61
Author(s):  
E. V. K. FitzGerald
Keyword(s):  
Structural Adjustment ◽  
Private Investment ◽  
Firm Behaviour

Pakistan’s Development and Asian Experience (The Iqbal Memorial Lecture)

1996 ◽  
Vol 35 (4I) ◽  
pp. 343-382
Author(s):  
Gustav F. Papanek
Keyword(s):  
Structural Adjustment ◽  
Flow Problem ◽  
Private Investment ◽  
Political Support ◽  
Memorial Lecture ◽  
Economic Management ◽  
Infant Industry ◽  
Foreign Private Investment ◽  
Per Capita ◽  
Do So

To summarise the conclusions of this paper: 1. Pakistan not only has to deal with a cash flow problem, it also has to make the difficult structural adjustment of living within its means, after nearly 50 years of failing to do so. 2. Despite large resource inflows and periods of good economic management Pakistan’s per capita growth has been less than half of that in rapidly growing Asian economies. The country has therefore failed to reduce poverty as much as it could have. 3. This performance was the result of inadequate export growth, savings and attractiveness to foreign private investment. Two periods of good economic management show the impressive potential of the economy. 4. The heart of an appropriate economic strategy is to make non-traditional exports more profitable. 5. It is appropriate to emphasise the need for further decontrol and greater reliance on the market. But government has an important role in providing infant industry incentives for exports and compensating for externalities. 6. To maintain political support for reforms government must allocate fairly the pain and gains, and reduce corruption.

scholarly journals Historical experience and prospects of corporatization of the Dnipropetrovsk electric locomotive plant (1988–2021)

2021 ◽  
Vol 2021 (54) ◽  
pp. 118-135
Author(s):  
Mykola Ruban ◽  
Keyword(s):  
Electric Vehicles ◽  
Structural Adjustment ◽  
Private Investment ◽  
Rolling Stock ◽  
Stock Exchanges ◽  
Electric Locomotive ◽  
Management Tools ◽  
Historical Experience ◽  
Wide Range ◽  
Technological Improvements

The article provides a retrospective analysis of the historical experience and problems of corporatization of the Dnipropetrovsk electric locomotive plant – a leading domestic manufacturer of industrial electric vehicles and railway rolling stock. The author traces historical circumstances of development and preconditions of diversification of production activity of the enterprise on the background of market economy in Ukraine and decrease in demand for narrowly specialized products. It was found out that during the 1990s–2000s the staff of SPA «DEVZ», having a promising research and production potential, mastered a wide range of production of mainline equipment to meet the needs of railways for innovative electric vehicles. However, due to low product quality and inefficient management system, the company is currently on the verge of bankruptcy, and its outdated design and technological improvements are not able to ensure competitiveness in the global railway market. It is proved that given the strategic importance of SE «DEVZ» for the national economy as the last profile locomotive company, its corporatization can be a real alternative to privatization, providing effective capitalization, financial and technological recovery and improving the culture of production with a state guarantee of preservation of the enterprise, as well as obtaining additional funds through the placement of securities on stock exchanges, and attracting private investment and innovation from international manufacturers. Further research on the historical aspects of the development of domestic engineering enterprises and their impact on the fleet of JSC «Ukrzaliznytsia» should be carried out taking into account the achievements of domestic science on the problems of structural adjustment of the economy and the use of modern strategic management tools.

Human Rights and Structural Adjustment

2001 ◽  
Author(s):  
M. Rodwan Abouharb ◽  
David Cingranelli
Keyword(s):  
Human Rights ◽  
Structural Adjustment

Institutional environment creating for attracting investment into infrastructure: The cases of Russian regions

2019 ◽  
pp. 134-157 ◽  
Author(s):  
G. A. Borshchevskiy
Keyword(s):  
Institutional Environment ◽  
Private Investment ◽  
Infrastructure Development ◽  
Russian Regions ◽  
Development Indicators ◽  
The Russian Federation ◽  
The Behavior Of Government ◽  
The City ◽  
Nenets Autonomous ◽  
Practical Recommendations

The article examines the institutional process in a regional economy connected with the infrastructure development. We use the neoinstitutional approach to study factors that influence the behavior of government and business in their interaction in the economy. We also use statistical methods to analyze the dynamics of socio-economic development indicators of the subjects of the Russian Federation as well as the results of measures to attract private investment into infrastructure, including the PPP. We chose the city of Moscow and the Yamalo-Nenets Autonomous District as two empirical case studies which differ in economic and geographic conditions, but both demonstrate success in attracting private investment and implementing infrastructure projects. Our conclusions are consistent with a theory that asserts the primacy of institutional environment in relation to project implementation. We make also some practical recommendations for the development of the institutional environment which are acceptable for all regions solving similar problems of infrastructure development.

Trade Creation or Trade Diversion in ASEAN and ASEAN+6 FTAs: Trade Indicators Approach

2015 ◽  
pp. 25-41
Author(s):  
Anh Tu Thuy ◽  
Ngoc Le Minh
Keyword(s):  
Comparative Advantage ◽  
Wheat Gluten ◽  
Free Trade Area ◽  
Private Investment ◽  
Trade Diversion ◽  
Trade Creation ◽  
Public And Private ◽  
Trade Area ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership

This paper makes use of two trade indicators, Revealed Comparative Advantage (RCA) and Regional Orientation (RO), to evaluate the economic impacts of the ASEAN Free Trade Area (The) and the Regional Comprehensive Economic Partnership (RCEP) on Vietnamese commodities at the Harmonized System (HS) 2-digit level. Several sectors in which Vietnam has revealed a comparative advantage, has benefited from the AFTA, and would continue to enjoy trade creation from the RCEP, are: Cereals (10), Salt, sulphur, earth, stone, plaster, lime and cement (25), Rubber (40), Knitted or crocheted fabric (60), etc. More importantly, the result provides a list of commodities in which Vietnam has a comparative advantage and only experiences trade creation when participating in the RCEP. These are: Milling products, malt, starches, inulin, wheat gluten (11), Vegetable plaiting materials, vegetable products not elsewhere specified (14), Wood and articles of wood, wood charcoal (44), etc. Findings also show commodities in which Vietnam has a comparative advantage; but are not well positioned in the RCEP market yet, e.g. Cereal, flour, starch, milk preparations and products (19) and Manmade staple fibres (55). If sufficient investment decisions and marketing strategies are applied to these commodities, they will well penetrate the RCEP market and bring trade creation and welfare improvement to Vietnam. Public and private investment should consider the above-mentioned commodities as targets to leapfrog the benefits of RCEP.

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