How Much Does Africa Need China’s New Infrastructure?

2020 ◽  
Vol 03 (04) ◽  
pp. 2050013
Author(s):  
Haiming Liang
Keyword(s):  
Economic Growth ◽  
Global Economy ◽  
Digital Economy ◽  
Silk Road ◽  
Fast Growth ◽  
The Past ◽  
Internet Users ◽  
Internet Penetration ◽  
Gain Access ◽  
New Infrastructure

The African prospects for the development of the digital economy can be exhilarating, in the next three years, the rate of internet penetration African will undoubtedly be fast growth, where the magnitude of African internet users could reach an astounding number of 800 million, a number which is on par with the current number of Chinese internet users. As the world’s second most powerful digital economy, China under the banner of the construction of the “Digital Silk Road” has already in the past decade signed numerous memorandums of understanding with various African nations. China and even more African nations can and will mutually and significantly cultivate in the field of new infrastructures. The urgent promotion and establishment of new African infrastructure shall and will greatly support Africans to be able to gain access to the highspeed internet, which will not only benefit Africa’s local economic growth but also bring new impetus to the global economy.

scholarly journals The Importance of Digital Economic Growth in Indonesia

2021 ◽  
Author(s):  
jordhie tanarubun
Keyword(s):  
Economic Growth ◽  
Digital Economy ◽  
Internet Technology ◽  
The Internet ◽  
Internet Users ◽  
Internet Support ◽  
Early Phases

The development of the Internet in Indonesia has increased every year, by 2020 new internet users in Indonesia have reached 25 million, the growth of new users can be one of the indicators that Indonesia has built its internet support infrastructure quite well. This is one of Indonesia's steps in building a digital economy, although with the development of internet technology is quite significant, Indonesia is considered still in the early phases in building the digital economy, although the foundation that Indonesia has built to develop its digital economy is good enough that it can be seen by the growth of e-commerce and ride-hailing business well in Indonesia.

scholarly journals Indonesia’s policy on e-commerce regulation and its challenges

2019 ◽  
Vol 3 (2) ◽  
pp. 69-74 ◽  
Author(s):  
Peronika Simanjuntak
Keyword(s):  
Economic Growth ◽  
Significant Influence ◽  
Economic Activities ◽  
Conceptual Foundation ◽  
The Third ◽  
The Past ◽  
Internet Users ◽  
Technological Developments ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Globalization has a significant influence on many aspects, such as social and economic, and its effect cannot be separated from technological developments that change human behavior in conducting economic activities. Those change including the emergence of trade that uses online-based transactions or ecommerce. E-commerce considered to have a significant influence on the country’s economic growth and predicted to flourish over the years. Aware of its enormous potential and growth in Southeast Asia, countries in this region began to regulate e-commerce, and one of them is Indonesia. The authors find that in the past few years, Indonesia has been more active in making and changing its policies to regulate online-based trading, while at the same time trying to protect its domestic small-medium enterprises (SMEs). Nowadays, Indonesia's ecommerce market is relatively minor compared to its neighbors. However, believed that the growth of the middle class, the improvement of internet users, and the intensive improvements in Indonesia’s logistics and infrastructure that conducted in recent years, will have a significant effect on the Indonesian ecommerce market. In this paper, the authors will explain the policy of Indonesia in regulating e-commerce and its challenges. The discussion in this paper will be divided into three sections. The first part is the conceptual foundation. The second part is about the development of e-commerce in Indonesia. The third part is the Indonesian government's policy in managing e-commerce and its challenges

ICSID’s Relevance for Africa: A Symbiotic Bond Beyond Time 

2019 ◽  
Vol 34 (2) ◽  
pp. 519-541
Author(s):  
Prof Dr Mohamed S Abdel Wahab
Keyword(s):  
Economic Growth ◽  
Global Economy ◽  
Status Quo ◽  
Symbiotic Relationship ◽  
Belt And Road Initiative ◽  
African Continent ◽  
The Past ◽  
The World ◽  
The Status ◽  
Belt And Road

Abstract Africa's human, natural and legal diversity and wealth have always positioned the Continent as a desired investment destination. Historically, Africa contributed in shaping the ISDS system, and since the turn of the 21st Century, the Continent is witnessing considerable economic growth and is attracting many investors from around the world and especially China, which strengthens Africa's integration in the global economy. The past decade has also witnessed an increase in the number of BITs signed by African States, as well as in the number of investment legislations enacted and modernized. This article addresses the increase of investment in the African Continent, the new Belt and Road Initiative (BRI) and its potential for investments in the African Continent, sheds light on the status quo of the African arbitration landscape, provides an overview of the ICSID-Africa symbiotic relationship, emphasizes the uniqueness of the ICSID system in offering adequate dispute resolution schemes for investment disputes involving African parties and concludes by offering some concluding remarks and observations on the future of arbitration on the African Continent.

scholarly journals Accounting for Growth: Comparing China and India

2008 ◽  
Vol 22 (1) ◽  
pp. 45-66 ◽  
Author(s):  
Barry Bosworth ◽  
Susan M Collins
Keyword(s):  
Economic Growth ◽  
Global Economy ◽  
Poverty Reduction ◽  
Economic Sectors ◽  
Quarter Century ◽  
China And India ◽  
The Past ◽  
New Findings ◽  
Economic Developments ◽  
Development Paths

Since 1980, China and India have achieved remarkable rates of economic growth and poverty reduction. The emergence of China and India as major forces in the global economy has been one of the most significant economic developments of the past quarter century. This paper examines sources of economic growth in the two countries, comparing and contrasting their experiences over the past 25 years. In this paper, we investigate patterns of economic growth for China and India by constructing growth accounts that uncover the supply-side sources of output change for each economy. Some of the results confirm themes that have emerged from the prior literature on the economic development of the two countries, however, some new findings emerge as well. In addition to decompositions of aggregate growth, we construct separate accounts for the three major economic sectors: agriculture; industry; and services. This level of detail enables us to highlight key differences in the development paths taken by China and India. In conclusion, we assess the prospects for future growth in each country.

scholarly journals Meta Analyses and Controversy About Financialization, Growth and Stability: A look from post-transition countries of last decade

ECONOMICS ◽  
2020 ◽  
Vol 8 (1) ◽  
pp. 41-49
Author(s):  
Kristijan Ristic
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Financial Stability ◽  
Global Economy ◽  
Transition Countries ◽  
Qualitative Assessment ◽  
Future Research ◽  
Recent Theory ◽  
The Past ◽  
Meta Analyses

AbstractIn the recent theory of economic growth, there are multiple explanations for the “downward trend of economic growth”, which is already happening during the past decade in developed and emerging markets. Almost all economists have avoided researching the “hypothesis of a world without growth”, dealing with Krugman’s rhetoric of “secular stagnation is probable” or thinking about Koehn’s rhetoric get rid of dependence on growth”. The cult of growth is embedded in the economic, political and social heads so deeply that for each of them growth is an imperative of life and death. By reviewing certain literature and papers, we can draw a conclusion about trends in the world economy, the dominant macroeconomic mainstream and reconsider and we can a critically resist the role of “rule taker” in the economic policy of post-transition countries in the past ten years. This paper does not investigate or establish a research gap, and does not offer a solutions to current problems that may arise from comparative analyzes, but give a qualitative assessment of the neoliberal tone of global economic policy, note the controversies of economic growth and financial stability and reinterprets earlier doctrinal conflicts in the global economy, which can give perspective possible solutions or policies for post-transition countries today. The key goal of this paper is to give rise to future research.

Peculiarities of Modern Dynamics of the Global Economy

2010 ◽  
pp. 78-92 ◽  
Author(s):  
V. Klinov
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Business Cycles ◽  
Global Economy ◽  
Long Waves ◽  
Rapid Expansion ◽  
Business Taxation ◽  
Modern World ◽  
China And India ◽  
World Economic

Rates and factors of modern world economic growth and the consequences of rapid expansion of the economies of China and India are analyzed in the article. Modification of business cycles and long waves of economic development are evaluated. The need of reforming business taxation is demonstrated.

Openness of the Russian economy as a source of economic growth

2016 ◽  
pp. 26-42 ◽  
Author(s):  
P. Kadochnikov ◽  
A. Knobel ◽  
S. Sinelnikov-Murylev
Keyword(s):  
Economic Growth ◽  
Economic Integration ◽  
Global Economy ◽  
Regional Economic Integration ◽  
Policy Recommendations ◽  
Regional Economic ◽  
Russian Economy

The paper considers measures on Russia’s integration into the global economy, aimed at the economic growth resumption. It analyzes conditions and mechanisms due to which the expanding trade and mutual investment with other countries contribute to economic growth in Russia. The paper provides policy recommendations for export support, regional economic integration agenda and the institutions reform.

Concealment of Illegally Obtained Assets in Nigeria: Revisiting the Role of the Churches in Money Laundering

2020 ◽  
Vol 28 (1) ◽  
pp. 106-121
Author(s):  
Kato Gogo Kingston
Keyword(s):  
Economic Growth ◽  
Money Laundering ◽  
Financial Crime ◽  
The Past ◽  
Key Drivers ◽  
Nigerian Government

Financial crime in Nigeria – including money laundering – is ravaging Nigeria's economic growth. In the past few years, the Nigerian government has made efforts to tackle money laundering by enacting laws and setting up several agencies to enforce the laws. However, there are substantial loopholes in the regulatory and enforcement regimes. This article seeks to unravel the involvement of the churches as key drivers in money laundering crimes in Nigeria. It concludes that the permissive secrecy which enables churches to conceal the names of their financiers and donors breeds criminality on an unimaginable scale.

Challenges on digital economy in sample of various income economies as an development instrument in Uzbekistan

2019 ◽  
Vol 2 (2) ◽  
pp. 41-53
Author(s):  
Ibragimova Gulirano ◽  
Husnuddinova Dilorom ◽  
Akhmatova Khurshida ◽  
Shodibekova Dildor
Keyword(s):  
Global Economy ◽  
Global Financial Crisis ◽  
Digital Economy ◽  
Main Role ◽  
Average Income ◽  
Economic Changes ◽  
Key Characteristics ◽  
Gradual Introduction ◽  
The Global Financial Crisis ◽  
Further Development

Recent economic changes have developed via modern technological prospective. Consistent measures for the development of digital economy are being implemented gradual introduction of e-commerce systems for electronic document flows and service of individuals. However, find solutions for the lack of a unified information and technology platform, which integrates the centralized information by just one digital economic reform in world regions. After the global financial crisis of 2001–2009 years, digital industries have been amid the most dynamic and promising in the global economy. However, equilibrium is lacked of benefits and risks in the digital economy around the world, which explains the need for global governance in this sphere. In this article authors analyzed main role and characteristics of digital economy around average income countries. Generally, reviewing define the key characteristics of this sector, as well as highlight the challenges to international cooperation. Modern approaches on legal entities is being implemented in Uzbekistan for further development.

STUDY OF THE IMPACT OF RAISING THE RETIREMENT AGE ON ECONOMIC GROWTH IN THE DIGITAL ECONOMY IN RUSSIA AND EUROPE

2020 ◽  
Author(s):  
Svetlana Apenko ◽  
◽  
Olga Kiriliuk ◽  
Elena Legchilina ◽  
Tatiana Tsalko ◽  
...  
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
Economic Policy ◽  
Labor Relations ◽  
Pension Reform ◽  
Digital Economy ◽  
Institutional Changes ◽  
Retirement Age ◽  
The Impact

The article presents the results of a study of the impact of pension reform in Russia on economic growth and quality of life in a digital economy, taking into account the experience of raising the retirement age in Europe. The aim of the study was to identify and analyze the impact of raising the retirement age on economic growth in the context of the development of digitalization in Russia and a comparative analysis with European countries. Results: the studies conducted allowed us to develop a system of indicators characterizing the impact of raising the retirement age on economic growth and the quality of life of the population in the context of digitalization. The authors found that raising the retirement age leads to a change in labor relations in Russia and Europe. The application of the proposed indicators can be used in the formation of a balanced state socio-economic policy in the field of institutional changes in the field of labor relations and raising the retirement age. The study was carried out under a grant from the RFBR № 19-010-00362 А.

Sign in / Sign up

Export Citation Format

Share Document