Discussion: Social Capital as an Important Lever in Economic Development Policy and Private Strategy

2003 ◽  
Vol 85 (3) ◽  
pp. 716-719 ◽  
Author(s):  
A. Allan Schmid
2017 ◽  
pp. 74-84
Author(s):  
Anton Atno Parluhutan Sinaga

The concept of Local Economic Development (LED) is an analytical tool that can be used to describe and measure economic conditions in a region. The territory in question may be administrative territory or region / region of particular business / commodity development, including small and medium enterprises (SMEs). Small and Medium Enterprises (SMEs) are part of the most strategic economic sector, concerning the livelihood of the people and is an important pillar in supporting and moving the joints of the economy in many countries .. SMEs play several important roles in Indonesia, one of them important players In Local Economic Development (LED) and community development. The purpose of this study is directed to determine the factors - factors that affect Local Economic Development with SMEs as the base sector in the city of Medan. The research method used in this research is Quantitative Descriptive Research Method. Data collection is done by using secondary and primary data. Then the analysis used to test the research hypothesis that has been determined by using the sample data obtained. The Inferential Statistics Method used in the analysis of this research data is Structural Equation Modeling (SEM). Descriptive result of this research is there are three variables have the average score of each - each variable is smaller than the middle threshold score 9. The three latent variables referred to include: social capital, socio-economic characteristics, and economic development policy However, when viewed From educational and skill perspectives, labor market and geographical characteristics greater than the middle threshold score 9. The results of this study are social capital, education and expertise, social characteristics, labor market, economic development policy and local culture are six factors Have a positive and significant impact on the succession of local economic development program of Medan city.


1968 ◽  
Vol 8 (4) ◽  
pp. 606-617
Author(s):  
Mohammad Anisur Rahman

The purpose of this paper is to re-examine the relationship between the degree of aggregate labour-intensity and the aggregate volume of saving in an economy where a Cobb-6ouglas production function in its traditional form can be assumed to give a good approximation to reality. The relationship in ques¬tion has an obviously important bearing on economic development policy in the area of choice of labour intensity. To the extent that and in the range where an increase in labour intensity would adversely affect the volume of savings, a con¬flict arises between two important social objectives, i.e., higher rate of capital formation on the one hand and greater employment and distributive equity on the other. If relative resource endowments in the economy are such that such a "competitive" range of labour-intensity falls within the nation's attainable range of choice, development planners will have to arrive at a compromise between these two social goals.


2012 ◽  
Vol 26 (3) ◽  
pp. 267-276 ◽  
Author(s):  
Charles D. Taylor

Despite the important role governors have played in shaping states’ economic development strategies, existing quantitative studies of state economic development policymaking have paid only scant attention to the factors that influence governors’ decisions about economic development policy. This study investigates these factors using a unique data set of gubernatorial economic development proposals generated by content analyzing hundreds of major legislative addresses delivered by governors during the 12-year period from 1995 to 2006. The findings reveal that gubernatorial economic development policymaking is only partially an attempt to solve a state’s economic problems. Economic policy making by governors appears to be driven largely by a desire to compete for new business investment during periods of economic expansion.


1987 ◽  
Vol 82 (400) ◽  
pp. 1180
Author(s):  
Andrea Tyree ◽  
National Research Council ◽  
Committee on Population

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