scholarly journals On regional integration, fiscal income, and GDP per capita

2021 ◽  
Author(s):  
Yutao Han ◽  
Zhen Song
Keyword(s):  
Regional Integration ◽  
Gdp Per Capita ◽  
Per Capita

A PANEL ASSESSMENT OF REAL COVERGENCE IN CEMAC

2006 ◽  
Vol 4 (1) ◽  
Author(s):  
Daniel Gbetnkom
Keyword(s):  
Human Capital ◽  
Regional Integration ◽  
Gdp Per Capita ◽  
Convergence Hypothesis ◽  
Income Levels ◽  
Underdeveloped Countries ◽  
Policy Choices ◽  
Convergence Club ◽  
Per Capita ◽  
Rich Countries

Some authors support that regionalism among underdeveloped countries will tend to cause divergence of their income levels, and regional integration among rich countries will tend to cause convergence. This paper tests this convergence hypothesis in CEMAC between 1990-2002. Our findings lend support to the “convergence club” defined according to policy choices rather than initial levels of human capital. They show that unilateral and preferential suppression of tariff and non-tariff barriers favor the convergence of per capita incomes and reduce the dispersion of real per capita income levels of partners in the sub-region. These results make the idea of convergence club based on the initial levels of productive technology and GDP per capita relative.

scholarly journals Globalization of World Economy: Trends and Contradictions

2021 ◽  
Vol 65 (4) ◽  
pp. 5-13
Author(s):  
G. Feigin
Keyword(s):  
Low Income ◽  
Regional Integration ◽  
World Economy ◽  
Gdp Per Capita ◽  
Social Differences ◽  
Middle Income ◽  
Fdi Inflows ◽  
Global Migration ◽  
The World ◽  
Per Capita

Received 01.11.2020. The interpretation of the term “globalization” and differences to other terms characterizing the development of the world economy (internalization of the world economy, internal division of labor, regional integration) is given. The main signs of globalization (dynamic of trade volumes, FDI inflows, portfolio investments and international credits; internalization of technical progress; digitalization of economy; development of regional economic integration, global migration; TNC activities; transformation processes in the former socialistic countries) are summarized. The focus is on differences between long trends (since 1970) and actual development after the crisis (since 2010). The legitimacy of introduction of the term “deglobalization” is discussed. The modern model of the globalization (global capitalism) is analyzed. Based on some characteristics of this model (global competition, market fluctuations, unbalanced trade flows, social differences, fragility of the global governance), the critical arguments are considered and opportunities of transition to the new model of globalization in the next future are estimated. The relation of catch-up development and polarization in the era of the globalization is analyzed. The dynamics of GDP development of countries in 1972–2018 are summarized. The focus is on the relation between GDP per capita for countries with high income and countries with both law and middle income. The influences of global activities of countries on the level of GDP per capita are highlighted. The empirical basics are data of KOF-Index. The sample includes countries with both middle and low income which held positions in the ranking in KOF-Index from 27 till 182. The positive interdependence between (based on the KOF-Index) and level of GDP is identified. The conclusion about the potential future of the globalization is given.

scholarly journals Brexit spillovers through international trade and foreign investment: Empirical evidence from EU-27 and the UK

2020 ◽  
pp. 8-8
Author(s):  
Graţiela Noja ◽  
Mirela Cristea ◽  
Atila Yüksel
Keyword(s):  
International Trade ◽  
Foreign Investment ◽  
Regional Integration ◽  
Structural Equation ◽  
Gdp Per Capita ◽  
Gdp Growth ◽  
Per Capita ◽  
The Uk ◽  
The Impact ◽  
The Eu

This study examines the Brexit spillovers upon the European Union Member States (MS) (EU-27) and the UK through two fundamental freedoms of regional integration: goods and services (international trade), and capital (foreign investment, FDI). We have applied cluster analysis and structural equation modelling on a strongly balanced panel of EU-27 and the UK. Both techniques explore two scenarios that focus on the performances achieved by the EU-MS in terms of GDP per capita and GDP growth, under the impact of trade and FDI, before and after the Brexit (1995-2019 and 2020-2025 periods). Our results show that the UK?s economy will be affected both related to GDP growth and GDP per capita levels, particularly on the short run. The EU-27 impact largely differs across countries and types of international activities, being decisively influenced through the FDI relations. Overall, the spillovers induced by international flows are positive, but significantly diminished after the Brexit.

Searching for new Sources of growth. Are the Developing Countries Catching up with the Developed ones?

2015 ◽  
pp. 30-53
Author(s):  
V. Popov
Keyword(s):  
Developing Countries ◽  
Western Europe ◽  
Gdp Per Capita ◽  
The West ◽  
Catching Up ◽  
The Us ◽  
The World ◽  
Economic Divergence ◽  
Per Capita ◽  
Relative Standing

This paper examines the trajectory of growth in the Global South. Before the 1500s all countries were roughly at the same level of development, but from the 1500s Western countries started to grow faster than the rest of the world and PPP GDP per capita by 1950 in the US, the richest Western nation, was nearly 5 times higher than the world average and 2 times higher than in Western Europe. Since 1950 this ratio stabilized - not only Western Europe and Japan improved their relative standing in per capita income versus the US, but also East Asia, South Asia and some developing countries in other regions started to bridge the gap with the West. After nearly half of the millennium of growing economic divergence, the world seems to have entered the era of convergence. The factors behind these trends are analyzed; implications for the future and possible scenarios are considered.

Atlas of economic complexity, Russian regional pages

2018 ◽  
pp. 71-91 ◽  
Author(s):  
I. L. Lyubimov ◽  
M. V. Lysyuk ◽  
M. A. Gvozdeva
Keyword(s):  
Value Added ◽  
Growth Strategy ◽  
Gdp Per Capita ◽  
Export Diversification ◽  
Russian Regions ◽  
Economic Complexity ◽  
Diversification Strategies ◽  
Central Regions ◽  
Per Capita ◽  
Regions Of Russia

Well-established results indicate that export diversification might be a better growth strategy for an emerging economy as long as its GDP per capita level is smaller than an empirically defined threshold. As average incomes in Russian regions are likely to be far below the threshold, it might be important to estimate their diversification potential. The paper discusses the Atlas of economic complexity for Russian regions created to visualize regional export baskets, to estimate their complexity and evaluate regional export potential. The paper’s results are consistent with previous findings: the complexity of export is substantially higher and diversification potential is larger in western and central regions of Russia. Their export potential might become larger if western and central regions, first, try to join global value added chains and second, cooperate and develop joint diversification strategies. Northern and eastern regions are by contrast much less complex and their diversification potential is small.

The Reproduction Vector of the Russian Economy: 1999-2007

2008 ◽  
pp. 94-109 ◽  
Author(s):  
D. Sorokin
Keyword(s):  
Economic Policy ◽  
Human Capital ◽  
Growth Rates ◽  
Developed Countries ◽  
Gdp Per Capita ◽  
Real Sector ◽  
Russian Economy ◽  
Per Capita ◽  
The Developed Countries

The problem of the Russian economy’s growth rates is considered in the article in the context of Russia’s backwardness regarding GDP per capita in comparison with the developed countries. The author stresses the urgency of modernization of the real sector of the economy and the recovery of the country’s human capital. For reaching these goals short- or mid-term programs are not sufficient. Economic policy needs a long-term (15-20 years) strategy, otherwise Russia will be condemned to economic inertia and multiplying structural disproportions.

The monetary value of disability-adjusted-life-years lost in Kenya in 2017.pdf

2019 ◽  
Author(s):  
Joses Kirigia ◽  
Rose Nabi Deborah Karimi Muthuri
Keyword(s):  
New York ◽  
International Monetary Fund ◽  
Health Expenditure ◽  
Analytical Framework ◽  
World Health ◽  
Gdp Per Capita ◽  
Current Health ◽  
Monetary Value ◽  
Life Years ◽  
Per Capita

<div>A variant of human capital (or net output) analytical framework was applied to monetarily value DALYs lost from 166 diseases and injuries. The monetary value of each of the 166 diseases (or injuries) was obtained through multiplication of the net 2019 GDP per capita for Kenya by the number of DALYs lost from each specific cause. Where net GDP per capita was calculated by subtracting current health expenditure from the GDP per capita. </div><div> </div><p>The DALYs data for the 166 causes were from IHME (Global Burden of Disease Collaborative Network, 2018), GDP per capita data from the International Monetary Fund world economic outlook database (International Monetary Fund, 2019), and the current health expenditure per person data from the WHO Global Health Expenditure Database (World Health Organization, 2019b). A model consisting of fourteen equations was calculated with Excel Software developed by Microsoft (New York).</p><p> </p>

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