Regulation as a Catalyst for the Electrification of Africa

2018 ◽  
Author(s):  
Professor Hugh Corder ◽  
Dr Terhemen Andzenge
Keyword(s):  
Public Sector ◽  
Social Development ◽  
The State ◽  
P Availability ◽  
Social Infrastructure ◽  
Oil Market ◽  
Role Of The State ◽  
Private Sector Participation ◽  
Electricity Infrastructure

Availability and access to electricity is central to the economic and social development of any nation. The state provided electricity as a social infrastructure thus expanding the role of the state as owner, manager, and regulator. This route has, however, failed given the mounting budgetary crisis triggered by global financial dislocations and oil market meltdowns which affected state revenues and impacted upon the ability of states to own, manage, and operate electricity infrastructure. The huge electricity deficits in Africa call for hitherto unexplored solutions beyond those of public sector funding. Private sector participation became inevitable and with it the imperativeness of balancing the interests of consumers, investors, and the state that are always mutually exclusive. Regulation offers itself as a veritable tool to moderate the differing interests to ensure the availability of electricity at sustainable and affordable levels.

scholarly journals THE ROLE OF THE STATE IN ASSURING THE FAIRNESS OF DISTRIBUTION IN VIETNAM TODAY: SOME ISSUES

2018 ◽  
Vol 34 (2) ◽  
Author(s):  
Vinh Lê Thị
Keyword(s):  
Social Development ◽  
Current Situation ◽  
The State ◽  
Philosophical Approach ◽  
Equitable Distribution ◽  
Role Of The State ◽  
Planning Task ◽  
Fair Distribution ◽  
The Rich

In this article, through philosophical approach, the author focused on the role of the State in assuring the fairness of distribution. The article has three main contents: First, analyzing the weaknesses of the State in ensuring equitable distribution such as the State's unreasonable interference in the distribution relations, failure to properly implement the planning task and inspect, supervise the implementation of the distribution policy. Second, pointing out the consequences of the current situation the State has not yet properly implemented the role of managing, regulating and distributing - that is, the rich-poor gap is on the way to widening and polarizing, threatening stability and social development. Third, giving some principles that the State needs to implement more thoroughly to ensure fair distribution.

scholarly journals The State and Coordinated Capitalism: Contributions of the Public Sector to Social Solidarity in Postindustrial Societies

2007 ◽  
Vol 60 (1) ◽  
pp. 1-36 ◽  
Author(s):  
Cathie Jo Martin ◽  
Kathleen Thelen
Keyword(s):  
Public Sector ◽  
National Level ◽  
Economic Transformation ◽  
The State ◽  
Social Solidarity ◽  
Market Economies ◽  
Adjustment Policy ◽  
Coordinated Market Economies ◽  
Role Of The State

This article investigates the politics of change in coordinated market econo\mies, and explores why some countries (well known for their highly cooperative arrangements) manage to sustain coordination when adjusting to economic transformation, while others fail. The authors argue that the broad category of “coordinated market economies” subsumes different types of cooperative engagement: macrocorporatut forms of coordination are characterized by national-level institutions for fostering cooperation and feature a strong role for the state, while forms of coordination associated with enterprise cooperation more typically occur at the level of sector or regional institutions and are often privately controlled. Although these diverse forms of coordination once appeared quite similar and functioned as structural equivalents, they now have radically different capacities for self-adjustment.The role of the state is at the heart of the divergence among European coordinated countries. A large public sector affects the political dynamics behind collective outcomes, through its impact both on the state's construction of its own policy interests and on private actors' goals. Although a large public sector has typically been written off as an inevitable drag on the economy, it can provide state actors with a crucial political tool for shoring up coordination in a postindustrial economy. The authors use the cases of Denmark and Germany to illustrate how uncontroversially coordinated market economies have evolved along two sharply divergent paths in the past two decades and to reflect on broader questions of stability and change in coordinated market economies. The two countries diverge most acutely with respect to the balance of power between state and society; indeed, the Danish state—far from being a constraint on adjustment (a central truism in neoliberal thought)—plays the role of facilitator in economic adjustment, policy change, and continued coordination.

The New Benchmarking and Advisory State: The Role of the British Advisory, Conciliation and Arbitration Service in Facilitating Labour—Management Consultation in Public Sector Transformation

2008 ◽  
Vol 50 (5) ◽  
pp. 736-751 ◽  
Author(s):  
Mark Stuart ◽  
Miguel Martínez Lucio
Keyword(s):  
Public Sector ◽  
Industrial Relations ◽  
The State ◽  
Employment Relations ◽  
The Public ◽  
Role Of The State ◽  
Driven System ◽  
Management Consultation ◽  
Changing Role

The aim of this article is to examine the changing role of the state in a more market-driven system of industrial relations, specifically in terms of the new roles that are being developed with regard to mediation, advisory and arbitration services. It focuses empirically on the role played by the British Advisory, Conciliation and Arbitration Service in facilitating the modernization of public sector employment relations. We show how the Advisory, Conciliation and Arbitration Service has played a `benchmarking' role that assists the development of more strategic forms of decision-making and cooperation in employment relations change, and identify the challenges of developing such an approach in the context of the shift towards a more decentralized and market-oriented system of public service delivery. In conclusion we assert that there is a new `advisory and benchmarking' state evolving based on a soft-market view of industrial relations, and that this mitigates (but is also in tension with) the harder market view within the state concerned with transforming the public sector.

Macroeconomic effects of the pandemic and prospects for economic recovery (Proceedings of the roundtable discussion at the XXII April international academic conference on economic and social development)

2021 ◽  
pp. 5-30
Author(s):  
A. N. Shokhin ◽  
N V. Akindinova ◽  
V. Y. Astrov ◽  
E. T. Gurvich ◽  
O. A. Zamulin ◽  
...  
Keyword(s):  
Social Development ◽  
The State ◽  
Economic Recovery ◽  
Roundtable Discussion ◽  
Main Attention ◽  
Investment Activity ◽  
Role Of The State ◽  
Academic Conference ◽  
The Impact

The roundtable participants assessed the effects of the pandemic and analyzed its consequences, the impact on economic and social development. The main attention in the discussion was paid to the pace of economic recovery, anti-crisis mechanisms to support the economy in 2020, which can become systemic, aimed at stimulating investment activity, and suggest new approaches to solving social problems. The participants in the discussion proposed considering the possibility of strengthening the countercyclical nature of the fiscal rule, taking into account not only oil prices, but also other factors of economic activity. It was noted that investments in many sectors have increased, but mainly due to budgetary sources, the role of budgetary policy has also increased. During the pandemic, the role of the state has changed: it has become not only a source of funds, but also a guarantor of investments and social payments. However, the roundtable participants noted that this new role of the state should not be ensured by raising taxes.

scholarly journals PUBLIC SECTOR - CONCEPTUAL ELEMENTS, IMPLICATIONS IN ECONOMIC AND SOCIAL LIFE

2017 ◽  
Author(s):  
Florina Popa
Keyword(s):  
Public Sector ◽  
Social Life ◽  
State Intervention ◽  
The State ◽  
Economic Life ◽  
Economic Science ◽  
Industrialized Countries ◽  
Role Of The State ◽  
Economic Developments

The public economy, branch of economic science analyses the state, as economic actor; its field of research interacts with investigations of other areas of economic science (monetary, international trade, market organization etc.). The state has experienced various stages of manifestation of its role in the economy, against the changes in society, which led to either an increase in its intervention, to regulate market phenomena, the recovery of economic activity in times of crisis, or to its decline against the modernization of the economies of industrialized countries, the increase of the role of entrepreneurs, technological progress. Thus, the development of economic science, changes in economic area, the emergence of capitalism, of industrialization in the nineteenth century, especially the second half, outlined a new role towards state intervention in economic life; in the context of new economic developments of the last decades of the twentieth century, the interventionist role of the state has diminished, the state giving up certain activities, in return for initiating other actions (privatization, reducing state monopoly, deregulation).nThe paper presents conceptual elements referring to public sector, peculiarities that distinguish it from the private sector, as well as issues about the state implication in the economic life, in different periods of evolution of society.

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