Missing the target: Assessing the role of government in bridging the European equity gap and enhancing economic growth

2002 ◽  
Vol 4 (1) ◽  
pp. 7-23 ◽  
Author(s):  
Thomas C. Lawton
Keyword(s):  
Economic Growth ◽  
Role Of Government ◽  
European Equity

Toward a dynamic capability theory of economic growth

2019 ◽  
Vol 29 (4) ◽  
pp. 1047-1065 ◽  
Author(s):  
David Sainsbury
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Value Added ◽  
The United States ◽  
Dynamic Capability ◽  
Alexander Hamilton ◽  
Role Of Government ◽  
Windows Of Opportunity ◽  
The Uk

Abstract New theories of economic growth that are policy-relevant and connect with the histories of success and failure in economic development are urgently needed. This article compares the neoclassical (or market efficiency) school of thought with the production-capability school of thought which included Alexander Hamilton, Friedrich List, and Joseph Schumpeter. Many affirmative, industrial policy steps by governments to promote economic development have been historically recorded—including in the UK and the United States. Meanwhile the neoclassical school has ignored the role of government in helping to create competitive advantage. It has also chosen to ignore how firms are formed, how technologies are acquired, and how industries emerge. The dynamic capability theory of economic growth developed here assigns the central role in economic growth to firms but also an important role to governments. The rate at which a country’s economy grows depends critically on whether its firms can build the capabilities to generate and take advantage of “windows of opportunity” that exist for innovation and new markets, and whether over time they are able to enhance their capabilities to move into higher value-added activities.1

scholarly journals ANALISIS DAMPAK ANGGARAN PENDAPATAN DAN BELANJA DAERAH TERHADAP PERTUMBUHAN EKONOMI, KEMISKINAN DAN PENGANGGURAN DI SULAWESI UTARA

2019 ◽  
Vol 18 (3) ◽  
Author(s):  
Debby Ch. Rotinsulu ◽  
Avriano R. Tenda ◽  
Luciana M. Leonufina
Keyword(s):  
Economic Growth ◽  
Capital Expenditures ◽  
Regional Government ◽  
Government Budget ◽  
Role Of Government ◽  
Policy Makers ◽  
The North ◽  
North Sulawesi ◽  
Regional Budget

ANALISIS DAMPAK ANGGARAN PENDAPATAN DAN BELANJA DERAH TERHADAP PERTUMBUHAN EKONOMI, KEMISKINAN DAN PENGAGGURAN DI SULAWESI UTARA Debby Ch. Rotinsulu, Avriano R. Tenda, Luciana M. Leonufina Fakultas Ekonomi dan Bisnis, Ilmu Ekonomi Pembangunan Universitas Sam Ratulangi, Manado ABSTRAK Pertumbuhan ekonomi, angka kemiskinan serta pengangguran tentunya tidak lepas dari peran serta pemerintah sebagai pengambil kebijakan serta kuasa penggunaan anggaran untuk dapat merangsang perekonomian menuju ke arah yang lebih baik melalui Anggaran Pendapatan dan Belanja Daerah yang tentunya diharapkan akan mempercepat roda perekonomian. Dengan adanya  perputaran cepat roda perekonomian diharapkan akan membuka peluang ekonomi baru yang tentunya akan menarik tenaga kerja yang berdampak pada penurunan angka pengangguran dan meningkatkan taraf hidup masyarakat dan tidak lagi terpuruk pada jurang kemiskinan. Untuk itu dalam penelitian ini bertujuan untuk melihat seberapa pengaruh pemerintah melalui APBD nya dalam meningkatkan pertumbuhan , menekan angka pengangguran dan mengurangi kemiskinan di Kabupaten, Kota di wilayah Sulawesi Utara. Kata Kunci: APBD, Belanja Modal, Pertumbuhan Ekonomi, Kemiskinan, pengangguran ABSTRACT Economic growth, poverty and unemployment must not be separated from the role of government as policy makers and power use of the budget to stimulate the economy towards better through the Regional Budget which is certainly expected to accelerate the economy. With the quick turnaround of the economy is expected to open up new economic opportunities that will attract workers who have an impact on the growth of unemployment and improve people's lives and can no longer hit in poverty. Therefore in this study aims to see how the government's influence over its budget to boost growth, reduce unemployment and reduce poverty in the District, City in the North Sulawesi. Keywords: Regional Government Budget, Capital Expenditures, Economic Growth, Poverty, Unemployment

Socioeconomic Development in India

2020 ◽  
pp. 219-240
Author(s):  
Meera Bhat ◽  
Swapnil Barai
Keyword(s):  
Economic Growth ◽  
Civil Society ◽  
Citizen Participation ◽  
Socioeconomic Development ◽  
Social Innovation ◽  
Third Sector ◽  
Social Enterprises ◽  
Role Of Government ◽  
The Third

This chapter on “Socioeconomic Development in India: Lessons from the Third Sector” is a broad overview of India’s economic growth and human development since independence in 1947. It traces the evolving role of government, market, and civil society in navigating the global political economy and the creative tension in which they have coexisted. The chapter dives deeply into the civil society sector which once inspired the founding of Ashoka and is now referred to as a hotbed of social enterprises. The sector which once had firm foundations in pluralist social movements and a focus on social innovation now struggles to distinguish social business from social entrepreneurship. The current ecosystem, while extensive, lacks focus, disregards questions of power, and lacks accountability mechanisms. The goals of improving lives and affecting social change would be better served by focusing on social innovation, treating people as stakeholders rather than clients, and protecting and promoting citizen participation in a democratic economy, society, and polity.

Corruption, Credit Risk, and Bank Profitability

2022 ◽  
pp. 83-98
Author(s):  
João Jungo ◽  
Wilson Luzendo ◽  
Yuri Quixina ◽  
Mara Madaleno
Keyword(s):  
Economic Growth ◽  
Credit Risk ◽  
Banking System ◽  
Generalized Least Squares ◽  
African Countries ◽  
Public Funds ◽  
Bank Profitability ◽  
Role Of Government ◽  
Management Of Resources

The economies of African countries are generally characterized by inefficient management of resources, strong heterogeneity in the rate of economic growth, as well as high levels of corruption and embezzlement of public funds, clearly highlighting the need to consider the role of government in the performance of the economic environment. Corruption is characterized by three key behaviors—bribery, embezzlement, and nepotism—characteristics that can influence the performance of any financial system. The objective is to examine the effect of corruption on credit risk in Angola. The result of the feasible generalized least squares (FGLS) estimation suggests that corruption increases non-performing loans in the Angolan economy; additionally, the authors find that the larger the bank's assets (bank size), the more averse to credit risk they become, and the smaller the state's stake in the banking system, the lower the non-performing loans.

scholarly journals Determinants of Economic Growth: Will Data Tell?

2010 ◽  
Vol 2 (4) ◽  
pp. 222-246 ◽  
Author(s):  
Antonio Ciccone ◽  
Marek Jarociński
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
Role Of Government ◽  
Income Data ◽  
Growth Empirics ◽  
Determinants Of Economic Growth

Many factors inhibiting and facilitating economic growth have been suggested. Can agnostics rely on international income data to tell them which matter? We find that agnostic priors lead to conclusions that are sensitive to differences across available income estimates. For example, the PWT 6.2 revision of the 1960–1996 income estimates in the PWT 6.1 leads to substantial changes regarding the role of government, international trade, demography, and geography. We conclude that margins of error in international income estimates appear too large for agnostic growth empirics. (JEL O41, O47)

Discussion

1956 ◽  
Vol 16 (4) ◽  
pp. 479-481
Author(s):  
Forest G. Hill
Keyword(s):  
Economic Growth ◽  
Economic History ◽  
The United States ◽  
Comparative Approach ◽  
Role Of Government ◽  
Canadian Experience ◽  
Complex Development ◽  
Canadian Economic History ◽  
American Economy

Professor Fowke ably demonstrates the merit of a comparative approach to American and Canadian economic history. His penetrating analysis reveals how relevant the understanding of economic development in Canada is to the study of that in the United States. Of the two, the Canadian national period has been shorter, the essential lines of economic growth simpler, and the role of government clearer and more pronounced. Canadian experience thereby provides a fruitful comparative basis for analyzing the longer, more complex development of the American economy and the more varied, often puzzling, part taken by government.

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