A Century of Economic Development in Taiwan

1998 ◽  
Vol 01 (03) ◽  
pp. 369-381
Author(s):  
Jong-Shong Lin ◽  
Stewart K. C. Leung ◽  
David M. Chen
Keyword(s):  
Economic Development ◽  
Private Sector ◽  
Government Policy ◽  
Past Century ◽  
Foreign Reserves ◽  
Technological Infrastructure ◽  
The Past ◽  
Dark Ages ◽  
Domestic Savings

This paper provides a brief summary of Taiwan's economic development in the past century in three broad stages: colonial foundations (1895-1940), dark ages (1941-1960), and reforms to miracle (1961-1994) .The historic perspective adopted here clearly indicates the strength and weakness of an export-led economy built on low-tech manufacturing. Though domestic savings and foreign reserves are high, Taiwan is short of an updated technological infrastructure and an effective financial system. Corporate strength is also rare. With a well-defined government policy allowing appropriate funds to be channeled to long-term finance to reinforce industrial banking, it is conceivable that the economy can be revitalized. Because success in industrial banking depends on initiative, efficiency and fair distribution of capital, it is imperative that a strategy of such significance be implemented by the private sector.

scholarly journals DOMESTIC AND FOREIGN FINANCING SOURCES IMPACT ON THE ECONOMIC DEVELOPMENT OF THE REPUBLIC OF SERBIA

2019 ◽  
pp. 145
Author(s):  
Goran Radisavljević ◽  
Goran Milovanović ◽  
Saša Bjeletić
Keyword(s):  
Economic Development ◽  
Foreign Direct Investment ◽  
Private Sector ◽  
Growth And Development ◽  
Direct Investment ◽  
Statistical Data ◽  
Contemporary Theory ◽  
Domestic Savings ◽  
The Republic ◽  
The Impact

The aim of the paper is to analyze the effects of selected sources of financing on the economic development of the Republic of Serbia in the period from 2012 to 2016 on the basis of systematized statistical data. First, the theoretical framework of domestic and foreign sources of financing and the impacts of these sources on economic development are presented from the perspective of contemporary theory. This is followed by the analysis of the impact of domestic sources of financing (domestic savings, state and private sector) on the economic development of the Republic of Serbia. Finally, the paper examines the relevance of foreign direct investment (FDI) for encouraging restructuring, competitiveness, growth, and development of the economy of the Republic of Serbia.

scholarly journals Political and socio-economic development of modern Russia: environmental obstacles and risks

2019 ◽  
pp. 14-19
Author(s):  
Olga Tsepilova
Keyword(s):  
Economic Development ◽  
Socioeconomic Development ◽  
Environmental Risks ◽  
Extractive Industries ◽  
Soviet Period ◽  
Progressive Development ◽  
The Past ◽  
Socio Economic Development ◽  
Natural Degradation

The article deals with environmental obstructions and limitations for a dynamic political and socioeconomic development of modern Russia. Environmental problems accumulated in the past decades, including problems that appeared in the "Soviet" period of the country's development, together with growing new environmental risks, become a serious obstacle to the progressive development of the country. Contemporary Russian manufacturing practices continue to use extensively anti-environmental obsolete technologies, which lead to increasing degradation of the natural environment and an increase in negative trends in the health of the population. The absence or limited use of remediation activities in extractive industries has led to the natural degradation of a number of territories in the country. Unfavorable socio-demographic characteristics of the development for modern Russia caused by the environmental factors hinder innovative development in all spheres of society in the present period; moreover, their increasing impact will be an obstacle to socio-economic development in the future. Additionally the article discusses long-term negative trends in the development of environmental policy and weakening of the ecological spectrum of civil society.

Recasting Strategic Opportunities and Challenges for Development in Saudi Arabia

2016 ◽  
pp. 406-417
Author(s):  
Hun Joo Park
Keyword(s):  
Economic Development ◽  
Saudi Arabia ◽  
Private Sector ◽  
Present Article ◽  
Development Strategy ◽  
Development Model ◽  
High Demand ◽  
Policy Responses ◽  
Economic Development Model

Thanks in part to the current world economy's high demand for oil, Saudi Arabia's economy is cruising along at the present time; however, to make such a growth or development sustainable in the long term requires a transformation of the economy from a heavily oil-dependent one to a more diversified, self-sustaining and private sector-driven economy. Thus, this article focuses on the underlying structural, social and institutional problems or reform challenges of the economy. In so doing, the present article critically examines Saudi Arabia's economic development model, while crisply reassessing the government's recent major policy responses to its development opportunities and challenges. And it offers some tentative suggestions for freshly rethinking about Saudi Arabia's national long-term development strategy and its implementation.

A third theory: inventive negotiation

2019 ◽  
Vol 34 (4) ◽  
pp. 703-710
Author(s):  
John L. Graham
Keyword(s):  
Past Century ◽  
American Business ◽  
Law Schools ◽  
Integrative Bargaining ◽  
Content Type ◽  
Creative Processes ◽  
The Past ◽  
Group Diversity ◽  
Commercial Relationships

Purpose This paper aims to offer a new theory of “inventive negotiation” as a useful alternative to the outdated thinking of the past century. Design/methodology/approach The literature is reviewed, and a series of stories is used to bolster a new understanding. Findings The paper is a critique of the theory of integrative bargaining, arguing that it often limits the creative processes that produce long-term relationships with customers. This paper introduces a third theory of negotiation, something the author calls inventive negotiation. Originality/value The primary lesson of negotiation courses in American business and law schools suggests a narrow focus on reaching agreements while paying little attention to implementation and the paramount importance of maintaining ongoing commercial relationships. This paper introduces a third theory of negotiation, something the authors call inventive negotiation. It places emphasis on long-term, trusting commercial relationships as the key outcome of negotiation. The theory also posits negotiation as a creative process wherein innovations processes can play a central role. For example, both group diversity and facilitators can aid in producing creative agreements along the way toward mutually profitable business relationships.

Social Democracy Then and Now

2002 ◽  
Vol 1 (1) ◽  
pp. 77-80 ◽  
Author(s):  
Robert Page
Keyword(s):  
Nineteenth Century ◽  
Social Democracy ◽  
Theory And Practice ◽  
Past Century ◽  
The West ◽  
Term Survival ◽  
Social Democratic ◽  
The Past ◽  
Constant Feature

C.A.R. Crosland (1956) The Future of Socialism, Jonathan Cape, London.Donald Sassoon (1997), One Hundred Years of Socialism, HarperCollins London. (First published by I.B.Tauris in 1996).John Callaghan (2000), The Retreat of Social Democracy, Manchester University Press, Manchester.Between them these three books provide an excellent overview of the theory and practice of social democracy as it has twisted and turned over the past century. As Sassoon reminds us in his magisterial review of the West European left, revisionism of one kind or another has been a constant feature of socialist discourse. The key question has always been whether such revisions have helped to bring about the transformation of capitalism (or, perhaps more realistically, its humanisation) or, in contrast, helped to secure its long-term survival. The first, and arguably the most controversial, revisionism of social democratic thought occurred in Germany at the end of the nineteenth century.

scholarly journals How does Financial Development and Petroleum Price cause Trade Openness in Pakistan?

2021 ◽  
Vol 3 (1) ◽  
pp. 42-60
Author(s):  
Damian Honey
Keyword(s):  
Economic Growth ◽  
Private Sector ◽  
Financial Development ◽  
Trade Openness ◽  
Oil Prices ◽  
Terms Of Trade ◽  
The Past ◽  
Petroleum Price ◽  
Yearly Data

In the past financial development and petroleum prices have been identified as acrucial factor influencing economic growth. This provoked us to explore the way financial development and petroleum prices influence the trade openness in Pakistan. The sample of yearly data is collected from 1980 to 2016 in order to apply ARDL cointegration method. Our results reflect the presence of long term cointegration between trade openness and its factors. This suggest that with the rise in credit in private sector there is eventual impact on imports and exports whereas the international petroleum prices also impact the same by pushing the prices of goods. Hence it is recommended that hedging the oil prices and the expansion of credit in Pakistan is worthwhile in terms of trade openness.

scholarly journals Towards Reliable and Responsible Atrocities-Policing

Refuge ◽  
1999 ◽  
pp. 15-18
Author(s):  
Peter Penz
Keyword(s):  
Institutional Reform ◽  
Radical Change ◽  
Political Organization ◽  
Past Century ◽  
Not Given ◽  
Historical Contingency ◽  
Sovereign State ◽  
The Past ◽  
Responsible Manner

As Rwanda and Yugoslavia indicate, atrocities policing ("humanitarian intervention") is, in our currentglobal polity, unreliable and carried out crudely. This becomes apparent when it is compared with domestic policing. It is the result of the system of sovereign states, into which atrocities policing does not readily fit. Even innovation to accommodate it leads to the haphazard interventions we have seen in this decade. But the sovereign state system, which developed in Europe in the context of a particular historical contingency and was then endowed to the rest of the world through decolonization, is not the only possible way of organizing the global polity. Thus, the author offers as an alternative the concept of a democratic global federation in which atrocities policing - including preventative policing - can be conducted in a much more reliable and responsible manner. While such a global political organization may seem utopian, in the long term it is not, given how radical change has been in the past century and can he expected to he in the next one. Moreover, it provides direction to current institutional reform and adds to current decisions about atrocities policing the issue of the longer-term consequences for global practices and institutions.

Politics, Institutions, and Diversified Business Groups

2018 ◽  
Author(s):  
Ben Ross Schneider ◽  
Asli M. Colpan ◽  
Weihuang Wong
Keyword(s):  
Private Equity ◽  
National Level ◽  
Business Groups ◽  
The United States ◽  
Resource Theory ◽  
Past Century ◽  
Concentrated Ownership ◽  
The Past ◽  
Power Resource Theory

This chapter examines the effects of national level politics and institutions on the long-term evolution of diversified business groups. A central goal of this chapter is to connect the analysis of business groups to broader debates on the political economy of advanced capitalism, especially varieties of capitalism, power resource theory, legal families, and entrenchment. States (through regulations) and firms (via their corporate practices, especially concentrated ownership and cross-ownership) across much of continental Europe and Japan protected business groups by forestalling takeovers, while capital markets in liberal economies encouraged the formation of new kinds of business groups (especially private equity) by facilitating takeovers. Brief summaries of the evolution of business groups over the past century in Sweden and the United States illustrate these different dynamics in coordinated and liberal economies.

Forestry and Conservation

1974 ◽  
Vol 1 (2) ◽  
pp. 83-86 ◽  
Author(s):  
E. Max Nicholson
Keyword(s):  
Common Ground ◽  
Past Century ◽  
The Past ◽  
Scientific Principles ◽  
Joint Strategy ◽  
The Relationship ◽  
Professional Foresters ◽  
John Evelyn

Forestry and Conservation, although inherently kindred interests, have recently diverged to the point of antagonism. Why is this, and how can they be brought together again?John Evelyn, a founder of forestry, as a matter of public policy, presented it as of much wider significance than the production of timber alone. During the past century, however, a narrower and more materialist approach has prevailed, ignoring the relationship between land, men, and science, and creating conflicts between foresters and conservationists. It is probably common ground that until very recently much of the training of professional foresters has been inadequate to equip them for appreciating the broader role of forestry and for communicating with fellow interests in land-use.Conservationists equally suffer from deformations arising from their early struggles. They tend to line up in two groups—the ‘polarizers’ who are heirs of the pioneer missionary and compaigning stage, and the ‘integrators’ who are more concerned to find operators in the area of natural resources who are ready to cooperate in acceptable compromises.Many current practices in forestry unfortunately tend to repel the ‘integrators’ and to drive conservationists into adopting ‘polarizer’ attitudes. Forest managers are at last becoming aware of this problem, and to the importance of decision-making on the basis of underlying scientific principles and facts, which can enable a joint strategy to be developed between foresters and conservationists for the wise and balanced long-term use of the vast forest resource.

Sign in / Sign up

Export Citation Format

Share Document