Longevity, Capital Formation and Economic Development

2012 ◽  
Vol 10 (1) ◽  
pp. 53-63
Author(s):  
Zhang Qiong
Keyword(s):  
Economic Development ◽  
Capital Formation

Victor S. D'Souza. Development Planning and Structural Inequalities: The Response of the Underprivileged. New Delhi: Sage Publications 1990. Pages 206 + Index. Price: Rs 180 (Hardbound).

1991 ◽  
Vol 30 (3) ◽  
pp. 313-317
Author(s):  
Ziaul Haque
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Social Structure ◽  
Social Transformation ◽  
Social Inequalities ◽  
Census Data ◽  
Development Planning ◽  
Capital Formation ◽  
Indian Society ◽  
The Social

Deveiopment planning in India, as in other developing countries, has generally been aimed at fostering an industrially-oriented policy as the engine of economic growth. This one-sided economic development, which results in capital formation, creation of urban elites, and underprivileged social classes of a modern society, has led to distortions in the social structure as a whole. On the contrary, as a result of this uneven economic development, which is narrowly measured in terms of economic growth and capital formation, the fruits of development have gone to the people according to their economic power and position in the social structure: those occupying higher positions benefiting much more than those occupying the lower ones. Thus, development planning has tended to increase inequalities and has sharpened divisive tendencies. Victor S. D'Souza, an eminent Indian sociologist, utilizing the Indian census data of 1961, 1971, and 1981, examines the problem of structural inequality with particular reference to the Indian Scheduled Castes and Scheduled Tribes - the two most underprivileged sections of the present Indian society which, according to the census of 1981, comprised 15.75 percent and 7.76 percent of India's population respectively. Theoretically, he takes the concept of development in a broad sense as related to the self-fulfIlment of the individual. The transformation of the unjust social structure, the levelling down of glaring economic and social inequalities, and the concern for the development of the underprivileged are for the author the basic elements of a planned development. This is the theoretical perspective of the first chapter, "Development Planning and Social Transformation".

The Paradigm of Economic Development of the Enterprise Based on the Mechanism of Capital Formation and Distribution

2021 ◽  
pp. 1021-1029
Author(s):  
Elena V. Romanovskaya ◽  
Elena P. Kozlova ◽  
Natalia S. Andryashina ◽  
Ekaterina P. Garina ◽  
Zhanna V. Smirnova
Keyword(s):  
Economic Development ◽  
Capital Formation

From Subsistence to Advanced Material Production

2015 ◽  
pp. 697-712
Author(s):  
G.P. Manish ◽  
Benjamin Powell
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Development Economics ◽  
Time Preference ◽  
Capital Formation ◽  
Central Planning ◽  
Economic Calculation ◽  
Advanced Material ◽  
Austrian Theory

This chapter provides a summary of the lessons that the Austrian theory of capital holds for the field of development economics. It provides an introduction to the concepts of the structure of production and time preference and a brief overview of how the rate of time preference limits both the available pool of savings and the extent of capital formation. The implications that this uniquely Austrian insight holds for the theory of economic growth are spelled out, in particular the fact that what constrains the growth of developing countries is not the availability of technology but the availability of savings to undertake investment. The chapter also provides a brief exposition of the concept of capital heterogeneity and its implications for the impossibility of economic calculation under a system of central planning. A critique of some popular models that advocate planning as a means of economic development is also provided.

scholarly journals Networks in the Premodern Economy: The Market for London Apprenticeships, 1600–1749

2011 ◽  
Vol 71 (2) ◽  
pp. 413-443 ◽  
Author(s):  
Tim Leunig ◽  
Chris Minns ◽  
Patrick Wallis
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Capital Formation ◽  
Human Capital Formation ◽  
Wide Range ◽  
Place Of Origin

We examine the role of social and geographical networks in structuring entry into premodern London's skilled occupations. Newly digitized apprenticeship indenture records for 1600–1749 offer little evidence that personal ties strongly shaped apprentice recruitment. The typical London apprentices had no identifiable tie to their master through kin or place of origin. Migrant apprentices' fathers were generally outside the craft sector. The apprenticeship market was strikingly open: well-to-do families accessed a wide range of apprenticeships, and would-be apprentices could match ability and aptitude to opportunity. This fluidity aided human capital formation, with obvious implications for economic development.

Social Culture And Economic Development In The Batak Angkola Community In Padang Lawas Utara

2021 ◽  
Vol 1 (1) ◽  
pp. 1-13
Author(s):  
Enni Sari Siregar
Keyword(s):  
Economic Development ◽  
Environmental Factors ◽  
Human Resources ◽  
Capital Formation ◽  
Cultural Environment ◽  
Literature Study ◽  
Social Culture ◽  
Marriage Customs

Economic development is an effort  to reduce poverty in order to achieve prosperity through increased income. Economic development can be influenced by economic, social and environmental factors. This study aims to identify the socio-cultural relationship with economic development through a literature study with the object of the Batak Angkola community in North Padang Lawas district. The results of the study indicate that in theory the socio-cultural environment has a relationship with economic development. The socio-cultural environment includes traditional ceremonies such as birth customs, marriage customs and death customs. In addition, poverty, human resources and capital formation are also related to the success of economic development. This local wisdom is still ongoing today because the Batak Angkola people adhere to the philosophy of Hamoraon, Hasangapon, Hagabeon

The impact of green finance and Covid-19 on economic development: capital formation and educational expenditure of ASEAN economies

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Quang-Thanh Ngo ◽  
Hoa Anh Tran ◽  
Hai Thi Thanh Tran
Keyword(s):  
Economic Development ◽  
Data Collection ◽  
Generalized Method Of Moments ◽  
Capital Formation ◽  
Content Type ◽  
Educational Expenditures ◽  
Green Finance ◽  
The World ◽  
Asean Countries ◽  
The Impact

PurposeThe purpose of this study is to examine the impact of green finance (i.e. green investment, green security and green credit) along with capital formation and government educational expenditures on the economic development of (ASEAN) countries.Design/methodology/approachThe data were gathered from the central banks of all ASEAN countries and the World Bank Indicators between 2008 and 2019. The fixed-effect model and generalized method of moments were used to check the nexus between the constructs.FindingsThe results revealed that green finance along with capital formation and government educational expenditures have a positive association with the economic development of ASEAN countries.Research limitations/implicationsThe study carries some limitations, even though it addresses the underlying variables comprehensively. These limitations provide opportunities to future researchers and authors to expand the scope and accuracy of their study. This research investigation has been supported by the data collected from a single source. Though data collection is maintained correctly, it is still recommended to the upcoming scholars to acquire data to reconfirm the same findings using multiple data sources. The data collected from using some specific data source may be limited in scope and may hinder the comprehensive elaboration of the underlying variables and their mutual relationship. Therefore, the utilization of multiple sources of data collection gives data sufficient to meet the requirement of an okay quality research study. The study is about the economies of ASEAN countries. It checks the influences of green finance development on economic activities and the country's economic growth in ASEAN countries' economies. Thus, its results are valid only in the economies of these countries, and this research investigation lacks generalizability. For generalizability, the authors must consider the underlying variables in the world's vast economies. They must adopt a standard scale to judge the impacts of green financial development on economic development. Besides, the study analyzes the economic factors, economic conditions and their effects on the country's position in the world economy in the face of a severe epidemic like COVID-19. Thus, the results may be different in the case of the normal situation. So, a general standardized study is recommended to be conducted in the upcoming days.Originality/valueGreen finance has significant capability to improve the global economy, especially amidst the COVID-19 pandemic. This study is beneficial for policymakers to develop policies related to economic development with reference to green finance and also helps future research on a similar topic.

Economic Surplus, the Baran Ratio, and Capital Accumulation

2019 ◽  
pp. 25-39
Author(s):  
Zhun Xu
Keyword(s):  
Nineteenth Century ◽  
Political Economy ◽  
Economic Development ◽  
Capital Accumulation ◽  
Capital Formation ◽  
The Political ◽  
Ruling Class ◽  
Economic Surplus ◽  
Effective Utilization ◽  
Seminal Contribution

In 1957, in the Political Economy of Growth, Paul Baran made a seminal contribution to our understanding of the connection between economic surplus—a concept he introduced into the development discussion—and growth. Given that the ruling class controls the surplus of society, how the surplus is used—whether it is invested, consumed, or simply wasted—is at its discretion. The effective utilization of surplus implies a reasonable rate of capital accumulation and economic development. In the following study of the utilization of surplus I compare the size of surplus and gross capital formation in a variety of countries starting from the mid–nineteenth century.

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