Structural Changes in Chinese Economy: Progress and Challenges

2018 ◽  
Vol 10 (04) ◽  
pp. 49-59
Author(s):  
Yanrui WU
Keyword(s):  
Economic Growth ◽  
Structural Changes ◽  
Economic Restructuring ◽  
Chinese Economy ◽  
The State ◽  
Short Term ◽  
Development Goals ◽  
China’S Economy

This article presents a review of the progress in economic restructuring in the Chinese economy. It explores the role of consumption versus investment in economic growth, trends in inequality, growth of the state and non-state sectors, and balancing between short-term and long-term development goals. It also discusses the major challenges in China’s economy and hence Chinese policymakers’ possible responses in the coming decade.

scholarly journals Prospects for Vietnam’s Economy in 2013

2013 ◽  
Vol 215 ◽  
pp. 02-11
Author(s):  
NGÂN TRẦN HOÀNG
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
World Economy ◽  
Inflation Rate ◽  
Economic Restructuring ◽  
Short Term ◽  
Economic Growth Model ◽  
The World ◽  
Global Growth

In 2012, Vietnam?s economy faced great challenges. The world economy experienced more difficulties and complicated upheavals. International trade fell drastically while global growth rate was lower than predicted target, which affected badly the Vietnamese economy because of its full integration into the world economy and large openness. In this context, principal targets set for 2013 are macroeconomic stability, lower inflation rate, higher growth rate, three strategic breakthroughs associated with restructuring of the economy, and a new economic growth model. This paper analyzes obstacles to Vietnam?s economic growth, and offers short-term solutions to bottlenecks and long-term ones to the economic restructuring.

scholarly journals The Effect of Health Indicator on Economic Growth of Iran

2016 ◽  
Vol 12 (2) ◽  
pp. 32
Author(s):  
Asma Rashki Kemmak
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Work Force ◽  
Health Index ◽  
Short Term ◽  
Distributed Lag ◽  
Economic Production ◽  
Capital Growth

<p class="a"><span lang="EN-US">The most important factors in the economic production subordinating, are work force and human capital. These factors and their functions depend on the role of hygiene, individual health and related index in improving the economy of a country. Therefore, one economic growth stimulating factor can be evaluated by using health index thorough effecting labor and human capital. Accordingly, this paper tries to study the effect of health index on economic growth during 1975 to 2012 and it does this by self-explanatory approach with distributed lag (ARDL) and the estimated long-term and short-term effects of these measures on economic growth. Results show the fact that health index related variables like fertility rate, life expectancy will bring economic index and capital growth increasing and it leads to more economic growth. These results are available in long-term and short-term period.</span></p>

On legal facts conditions in criminal executive law and their classification

2019 ◽  
pp. 77-87
Author(s):  
Егор Евгеньевич Новиков
Keyword(s):  
Third Parties ◽  
The State ◽  
Point Of View ◽  
Short Term ◽  
Legal Consequences

В статье рассматриваются юридические факты-состояния, порождающие, изменяющие или прекращающие уголовно-исполнительные правоотношения. Автор на основе анализа дискуссии ученых-юристов, посвященной определению места событий в системе юридических фактов, представил собственную точку зрения, касающуюся роли юридических фактов-состояний в уголовно-исполнительном праве. В работе аргументируется, что состояние следует отнести к одному из видов фактов-событий. Представлена классификация юридических фактов-событий, содержащихся в уголовно-исполнительном праве. Предлагается рассматриваемые правовые явления классифицировать по следующим основаниям: по происхождению (абсолютные (болезнь осужденного/родственников) и относительные (беременность, опьянение, родство); по времени существования (краткосрочные, длительные, постоянные); в зависимости от способности порождать правоотношения (состояния, влекущие стопроцентное возникновение юридических последствий и факты, порождающие возникновение юридических последствий, но при условии участия третьих лиц). The article deals with legal facts-states generating, changing or terminating criminal executive relations. The author, based on an analysis of the discussion of legal scholars devoted to determining the location of events in the system of legal facts, presented his own point of view regarding the role of legal facts-states in the criminal-executive law. The paper argues that the state should be attributed to one of the types of fact-events. The article presents the classification of legal facts-events contained in the criminal-executive law. It is proposed to classify the considered legal phenomena for the following reasons: by origin (absolute (illness of the convict / relatives) and relative (pregnancy, intoxication, kinship); by time of existence (short-term, long-term, permanent); depending on the ability to generate legal relations (conditions entailing 100 % of the occurrence of legal consequences and facts giving rise to the occurrence of legal consequences, but subject to the participation of third parties.

scholarly journals Effect of International Direct Investments on Jordan’s Economy

2019 ◽  
Vol 14 (2) ◽  
pp. 48
Author(s):  
Abdul Aziz Saymeh ◽  
Marwan Mohammad Abu Orabi
Keyword(s):  
Economic Growth ◽  
Financial Institutions ◽  
Direct Investment ◽  
Relevant Information ◽  
Annual Reports ◽  
Short Term ◽  
Foreign Investments ◽  
National Economic

The main objective of this research concerns the detailed information advocated by data to the latest developments in the volume of external investments in the Kingdom and their effects on Jordan&rsquo;s economic growth. The study problem stems from the challenges facing the national economy in general and the role of none Jordanian investments and their effect on upgrading the national economic growth. In this study, researchers have used the descriptive analytical methods through the financial and economic reports and other relevant information available in the annual reports and publications issued by the financial institutions via measuring the effect of international direct investment(IDI) in boosting the national gross domestic product(GDP) in Jordan for 2005-2015 period. Research hypotheses were tested by using Pearson&rsquo;s correlation formula (IDI) and (GDP). The correlation negative (inverse). Analysis results revealed that the correlation between these investments are not linked to its (GDP) alone, thus, researchers have attributed it to several other variables which might have greater impact on GDP and recommend that Jordan should develop long-term strategies for investments in several productive areas characterized by investment sustainability, rather than directing investments to short-term areas seeking rapid profits. Also taking advantage lessons of successful countries in attracting foreign investments such as Malaysian, Korean and Thai experiences and should encourage specialized studies to examine further variables that might have strong impacts on Jordan&#39;s economic growth.

scholarly journals State-Business Partnership in Modern Conditions: Prospects for Transformation

2021 ◽  
pp. 29-38
Author(s):  
V. A. Plotnikov
Keyword(s):  
Economic Growth ◽  
National Development ◽  
Public Private Partnership ◽  
The State ◽  
Broad Sense ◽  
Private Partnership ◽  
Business Partnership ◽  
Russian Economy ◽  
Development Goals

The complexity of the economy and the increase in uncertainty, as well as the need to solve ambitious tasks aimed at achieving strategic national development goals, force us to search for new forms and mechanisms for starting long-term economic growth. One such mechanism is public-private partnership, understood in the article in a broad sense, as an extensive set of forms of mutually benefcial interaction between the state and business. The article analyses the prerequisites of intensifying partnership in the modern Russian economy and assesses the directions of its transformation.

scholarly journals Strengthening the role of public governance approaches to ensure sustainable economic growth

Upravlenets ◽  
2021 ◽  
Vol 11 (6) ◽  
pp. 15-27
Author(s):  
Mikhail Ershov ◽  
Anna Tanasova ◽  
Elena Sokolova
Keyword(s):  
Economic Growth ◽  
Structural Changes ◽  
State Regulation ◽  
Public Governance ◽  
Existing Problems ◽  
Role Of The State ◽  
The Government ◽  
Sustainable Economic Growth

The COVID-19 pandemic has formed a fundamentally new environment in both the global and Russian economies. The scale of problems that countries have to deal with significantly enhances the role of the state in the functioning of the economy and requires active government intervention to stabilize the situation and overcome the crisis. The article analyzes the role of state regulation and monetary authorities in the crisis environment in Russian and global economies. Methodologically, the study relies on the theory of institutionalism, Keynesian and neo-Keynesian economics, monetarism and industrialization. Qualitative methods of analysis, as well as retrospective and system-based methods and cross-country comparisons are applied in the research. The authors emphasize that the quality of these interventions is becoming increasingly important. In the Russian Federation, the economic situation is aggravated by the pre-existing problems, such as low business activity. We analyze the measures to support the Russian economy that are aimed, among other things, at the formation of long-term structural changes. Despite the fact that the introduction of the government approaches to counteract the crisis in 2020 will help to mitigate the current acute situation, they will not be able to lay solid foundations for further sustainable economic growth, since system-based mechanisms are still not provided for forming long-term affordable financial resources that are necessary for investment. The paper develops concrete approaches for providing the economy with long-term money, which embrace the formation of the resources on an internal basis amid the interaction of the Central Bank and the Ministry of Finance. We stress the powerful role of mechanisms for government departments’ coordination.

scholarly journals State Corporations and Structural Changes in the Economy

Upravlenie ◽  
2016 ◽  
Vol 4 (3) ◽  
pp. 12-18 ◽  
Author(s):  
Дементьев ◽  
Viktor Dyemyentyev
Keyword(s):  
Structural Changes ◽  
Significant Contribution ◽  
New Technologies ◽  
Basic Research ◽  
The State ◽  
Long Term Results ◽  
Role Of The State ◽  
Structural Shifts

The article focuses attention on a possible contribution of the state corporations to long-term results of economic development. It is shown that such corporations can make the significant contribution to ensuring dynamic efficiency of economy, to implementation of structural shifts in production. The role of the state corporations in formation of the infrastructure necessary for wide use of essentially new technologies is analyzed. This work has been financially supported by Russian Foundation for Basic Research (grants № 14-06-00164).

scholarly journals DETERMINANT OF INDONESIAN MANUFACTURING OUTPUT

2018 ◽  
Vol 3 (1) ◽  
pp. 61
Author(s):  
Arga Prati Dhina ◽  
Wasiaturrahma Wasiaturrahma
Keyword(s):  
Economic Growth ◽  
Interest Rate ◽  
Error Correction ◽  
Research Method ◽  
Manufacturing Sector ◽  
Secondary Data ◽  
Short Term ◽  
Correction Model

The role of manufacture in Indonesia influence the economic growth. This research aims to observe and analyze influencing factors of manufacturing sector output in Indonesia. The research method used Error Correction Model (ECM) at period 2005 in 1stquartal – 2017 in 4thquartal. This research used secondary data from Statistik Ekonomi dan Keuangan Indonesia (SEKI) and Federal Reserves. The results of the study show that in long term estimation lend interest rate and inflation have negative and significant impact, whereas FDI has positive and significant impact towards manufacturing sector output. Otherwise, in short term estimation show that lend interest rate has negative and significant impact, while inflation and FDI have no significant impact towards manufacturing sector output.

scholarly journals Political Economy of Fiscal Policy in Pakistan

2003 ◽  
Vol 8 (1) ◽  
pp. 1-23
Author(s):  
M. Abdul Mateen Khan
Keyword(s):  
Economic Growth ◽  
Full Employment ◽  
Underdeveloped Country ◽  
The State ◽  
Price Stability ◽  
Short Term ◽  
Role Of The State ◽  
Policy Objectives ◽  
Term Performance

In an underdeveloped country, the state regulates not only the short- term performance of the economy but also its path of development. Such an overwhelming role of the state derives its justification from the very nature of underdevelopment itself. Economics and economists are usually concerned with policy, with a view to determining as to what policies are appropriate in a given economic situation to attain policy objectives such as economic growth, full employment, price stability, redistribution of income and wealth. But adopted policies are often not the policies that economists recommend as the best or even the second best.

scholarly journals ASSESSMENT OF THE IMPACT OF THE COVID-19 PANDEMIC ON ECONOMIC GROWTH IN THE CONTEXT OF THE SUSTAINABLE DEVELOPMENT GOALS

2021 ◽  
Vol 8 (4) ◽  
pp. 166-170
Author(s):  
Mariya Seroshtan ◽  
Galina Akimova
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Structural Changes ◽  
Government Support ◽  
The Sustainable Development ◽  
The World ◽  
Development Goals ◽  
The Impact

The article shows that the epidemiological situation has significantly slowed down economic growth not only in Russia, but also in all countries of the world, which causes new challenges and threats in achieving the sustainable development Goals. This increases the importance of government support aimed at the recovery of employment and income, growth and long-term structural changes in the economy, with software-targeted and implemented under the state programs and projects at both the Federal and regional levels. In our country, unprecedented and decisive actions are being taken within the framework of state support to restore effective employment and effective demand, improve the business climate and economic growth in the context of the sustainable development goals. At the same time, in the context of global integration, when the economies of all countries of the world are becoming increasingly dependent on each other, strengthening international cooperation and developing multilateral partnerships between countries should be considered as one of the important factors for mitigating the consequences of the COVID-19 pandemic and sustainable development of the national economy in the long term.

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