Australian Government's exploration initiatives

2019 ◽  
Vol 59 (2) ◽  
pp. 899
Author(s):  
Keld Knudsen ◽  
Lisa Schofield ◽  
Tony Knight ◽  
Kristina Erzikov ◽  
Ross McGowan ◽  
...  
Keyword(s):  
Economic Growth ◽  
Regional Development ◽  
Energy Security ◽  
Manufacturing Industries ◽  
Petroleum Resources

Exploration is vital for the continued discovery and development of the nation’s petroleum resources – resources that are essential for energy security, economic growth, long-term regional development and jobs, improved infrastructure, and value-adding to our manufacturing industries. Governmental authorities across Australia recognise the importance of a strong exploration sector, and the Commonwealth, states and territories have several initiatives to encourage exploration.

scholarly journals Endogenous growth theory and regional development policy

Spatium ◽  
2015 ◽  
pp. 10-17
Author(s):  
Slobodan Cvetanovic ◽  
Milorad Filipovic ◽  
Miroljub Nikolic ◽  
Dusko Belovic
Keyword(s):  
Economic Growth ◽  
Regional Development ◽  
Endogenous Growth ◽  
Driving Forces ◽  
Growth Theory ◽  
Regional Competitiveness ◽  
Endogenous Growth Theory ◽  
Neoclassical Growth Theory ◽  
Neoclassical Growth

The numerous versions of endogenous explanations of economic growth emphasize the importance of technological change driving forces, as well as the existence of appropriate institutional arrangements. Endogenous growth theory contributes to a better understanding of various experiences with long-term growth of countries and regions. It changes the key assumptions of the Neoclassical growth theory and participates in the modern regional development physiology explanation. Based on these conclusions, the paper: a) explicates the most important theoretical postulates of the theory, b) explains the most important factors of economic growth in the regions in light of the Endogenous growth theory messages and c) emphasizes the key determinants of regional competitiveness which in our view is conceptually between the phenomena of micro- and macro-competitiveness and represents their necessary and unique connection. First of all, micro-competitiveness is transformed into a regional competitiveness; then regional competitiveness is transformed into a macro-competitiveness. In turn, macro - influences the microeconomic competitiveness, and the circle is closed. After that, the process starts over again.

scholarly journals The Impact of Manufacturing Industries on Economic Growth in the Kingdom of Saudi Arabia during (1990- 2018): أثر الصناعات التحويلية على النمو الاقتصادي في المملكة العربية السعودية  للفترة (1990- 2018)

2020 ◽  
Vol 4 (3) ◽  
Author(s):  
Reem Saeed Al- Ghamdi, Maha Alandejani
Keyword(s):  
Economic Growth ◽  
Saudi Arabia ◽  
Manufacturing Industries ◽  
Series Data ◽  
Short Term ◽  
Kingdom Of Saudi Arabia ◽  
Unit Root Testing ◽  
Oil Exports ◽  
The Impact

The study examined the effect of the impact of manufacturing industries on the economic growth in the Kingdom of Saudi Arabia، and to analyze the size of manufacturing growth and its contribution to economic growth. This study is based on the descriptive analytical approach to identify the development of manufacturing industries in Saudi Arabia and the size of its impact on the growth of the Saudi economy and also based on the methodology of standard analysis using time series data، and the application of unit root testing and common integration and multiple linear regression by applying an Ordinary Least Square (OLS)، to examine the relationship between the rate of economic growth، the rate of GDP of manufacturing، the rate of oil exports، the rate of industrial loans، and the rate of exports of manufacturing industries. The results indicate to negative impact of manufacturing industries، oil exports and industrial exports on economic growth in the long term، despite their positive impact in the short term and the existence of a direct correlation between the rate of growth of oil exports and economic growth in the short term، and the inverse relationship of industrial loans and industrial exports on economic growth. The study summarized several recommendations، including that decision-makers need to pay attention to manufacturing industries and oil exports taking into account the long- term risks of global oil markets and import prices، and the adoption of more extensive policies with regard to industrial loans and maximize industrial exports to affect economic growth positively.

Jelšavsko-lubenícka environmentálna záťažová oblasť ako limitujúci faktor regionálneho rozvoja

2021 ◽  
Author(s):  
Martin Boltižiar ◽  
Eva Michaeli
Keyword(s):  
Economic Growth ◽  
Regional Development ◽  
Field Research ◽  
Aerial Photographs ◽  
Limiting Factors ◽  
State Budget ◽  
Environmental Loads ◽  
Underground Waters

In literature regional development is perceived as the economic growth presented in a positive sense. Economic growth does not necessarily have to be associated with the development of regions, although it is hard to imagine the latter without the former. Regional development of any region must be based on the quality of the environment which influences, among other areas, the quality of the life of inhabitants. The negative aspects of the regional development include also environmental loads. The aim of this paper is to provide detailed characteristics of the environmental loads of Jelšavsko-lubenícka environmental loaded area, which present limiting factors of regional development. The data about have been obtained from field research, analysis of aerial photographs, as well as bibliography and other resourses, and from interviews. Management of the issue of environmental loads in the Slovakia is being slowed down due to the absence of legislation, lack of financial resources, failure to clearly assign responsibilities for environmental loads, and high number of localities. Solving the issue of environmental loads will not be possible without financial support of European funds by means of Operational Programme for Environment and from the state budget. However, the solution to the whole issue will be a long-term matter and it is assumed to last until 2030. The year 2027 is the target year for sanitation of the most risky environmental loads resulting from the application of allowed exceptions, e. g. EU general directive on water according to which the member states must reach good quality of surface and underground waters and other of environment as well.

scholarly journals Beyond population growth: bringing connection, renewal and agency into regional development

2021 ◽  
Vol 5 (2) ◽  
pp. 43-57
Author(s):  
Fiona McKenzie ◽  
Fiona McKenzie ◽  
Fiona McKenzie
Keyword(s):  
Economic Growth ◽  
Population Growth ◽  
Regional Development ◽  
Case Studies ◽  
Population Decline ◽  
Mixed Methods Approach ◽  
Community Wellbeing ◽  
Key Features ◽  
Regional Australia

Background   Boosting the population growth of towns and cities across regional Australia has long been a popular aspiration. However, the reality of many regional locations is long-term population decline. Aims   Regional development has been underpinned by a growth paradigm which conflates population growth with success. This article explores how some regional communities have experienced renewal, fostered innovation, and enhanced community wellbeing without population growth. Data and methods  A mixed methods approach informs this paper. Five case studies are used to illustrate ways in which regional communities can experience successful economic and social outcomes without population growth. Literature is provided for context and empirical data are used to illustrate key features of the selected towns. Results   The case studies reveal themes of connection, place, agency and wellbeing which contribute to ‘successful’ communities. For example, developing connections with a wider network within the region or across sectors enables economic growth through innovation, irrespective of population growth. Conclusions   Being able to respond to, or take advantage of, change is an important element in regional development and one which creates community renewal and wellbeing even if not population growth.

scholarly journals Mechanism for ensuring the economic security of Russia in the implementation of the advanced development scenario

2020 ◽  
Vol 8 (3) ◽  
pp. 1-5
Author(s):  
Ol'ga Saradzheva
Keyword(s):  
Economic Growth ◽  
Manufacturing Industry ◽  
Raw Materials ◽  
Well Being ◽  
Economic Security ◽  
Manufacturing Industries ◽  
International Division ◽  
Socio Economic Development ◽  
Advanced Development

. The article examines the negative aspects of the export-commodity model of economic growth during the integration of Russia into the international division of labor, when raw materials sources of financial well-being may be threatened, which will lead to the loss of the country's own economic security. At present, we are not talking about the loss of the industrial potential of the manufacturing industries by our country's economy, however, the prerequisites for such a decrease in industrial potential are becoming increasingly evident. The version of the mechanism for ensuring the economic security of Russia proposed in the article in the context of the implementation of the scenario of advanced development of the manufacturing industry creates the basis for further sustainable socio-economic development of the country in the long term.

The Second Start of Transformation in Ukraine?

2014 ◽  
pp. 30-52 ◽  
Author(s):  
L. Grigoryev ◽  
E. Buryak ◽  
A. Golyashev
Keyword(s):  
Economic Growth ◽  
Armed Conflict ◽  
Political Crisis ◽  
Investment Climate ◽  
Institutional Reforms ◽  
Personal Consumption ◽  
Governance Quality ◽  
Political Turmoil

The Ukrainian socio-economic crisis has been developing for years and resulted in the open socio-political turmoil and armed conflict. The Ukrainian population didn’t meet objectives of the post-Soviet transformation, and people were disillusioned for years, losing trust in the state and the Future. The role of workers’ remittances in the Ukrainian economy is underestimated, since the personal consumption and stability depend strongly on them. Social inequality, oligarchic control of key national assets contributed to instability as well as regional disparity, aggravated by identity differences. Economic growth is slow due to a long-term underinvestment, and prospects of improvement are dependent on some difficult institutional reforms, macro stability, open external markets and the elites’ consensus. Recovering after socio-economic and political crisis will need not merely time, but also governance quality improvement, institutions reform, the investment climate revival - that can be attributed as the second transformation in Ukraine.

Russian low carbon development strategy

2020 ◽  
pp. 51-74
Author(s):  
I. A. Bashmakov
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Low Carbon ◽  
Security Risk ◽  
Ghg Emission ◽  
Emission Mitigation ◽  
Russian Economy ◽  
The Russian Federation ◽  
Scenario Projections

The article presents the key results of scenario projections that underpinned the Strategy for long-term low carbon economic development of the Russian Federation to 2050, including analysis of potential Russia’s GHG emission mitigation commitments to 2050 and assessment of relevant costs, benefits, and implications for Russia’s GDP. Low carbon transformation of the Russian economy is presented as a potential driver for economic growth that offers trillions-of-dollars-worth market niches for low carbon products by mid-21st century. Transition to low carbon economic growth is irreversible. Lagging behind in this technological race entails a security risk and technological backwardness hazards.

Is inflation targeting useful for economic growth?

2017 ◽  
pp. 62-74 ◽  
Author(s):  
P. Kartaev
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Test Performance ◽  
Inflation Targeting ◽  
Developing Economies ◽  
Empirical Studies ◽  
Growth Regime ◽  
Potential Channels

The paper presents an overview of studies of the effects of inflation targeting on long-term economic growth. We analyze the potential channels of influence, as well as modern empirical studies that test performance of these channels. We compare the effects of different variants of inflation targeting (strict and mixed). Based on the analysis recommendations on the choice of optimal (in terms of stimulating long-term growth) regime of monetary policy in developed and developing economies are formulated.

Low-Carbon Russia: Prospects after the Crisis

2009 ◽  
pp. 107-120 ◽  
Author(s):  
I. Bashmakov
Keyword(s):  
Economic Growth ◽  
Potential Energy ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Low Carbon ◽  
Modeling Tools ◽  
Gas Emissions ◽  
Scenario Approach

On the eve of the worldwide negotiations of a new climate agreement in December 2009 in Copenhagen it is important to clearly understand what Russia can do to mitigate energy-related greenhouse gas emissions in the medium (until 2020) and in the long term (until 2050). The paper investigates this issue using modeling tools and scenario approach. It concludes that transition to the "Low-Carbon Russia" scenarios must be accomplished in 2020—2030 or sooner, not only to mitigate emissions, but to block potential energy shortages and its costliness which can hinder economic growth.

Central Otago - Built on gold, growing on grass.

2014 ◽  
Vol 76 ◽  
pp. 15-23
Author(s):  
Barrie J. Wills
Keyword(s):  
Economic Growth ◽  
Land Use ◽  
National Economy ◽  
Local Community ◽  
Central Government ◽  
Future Generations ◽  
Economic Potential ◽  
District Council ◽  
Definition Of

A warm welcome to our "World of Difference" to all delegates attending this conference - we hope your stay is enjoyable and that you will leave Central Otago with an enhanced appreciation of the diversity of land use and the resilient and growing economic potential that this region has to offer. Without regional wellbeing the national economy will struggle to grow, something Central Government finally seems to be realising, and the Central Otago District Council Long Term Plan 2012-2022 (LTP) signals the importance of establishing a productive economy for the local community which will aid in the economic growth of the district and seeks to create a thriving economy that will be attractive to business and residents alike. Two key principles that underpin the LTP are sustainability and affordability, with the definition of sustainability being "… development that meets the needs of the present without compromising the ability of future generations to meet their own needs."

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