scholarly journals The outlook for China’s innovation-driven development beyond COVID-19

2021 ◽  
pp. 209660832199529
Author(s):  
Ping Li
Keyword(s):  
Economic Development ◽  
Economic Transition ◽  
Spillover Effect ◽  
Key Factors ◽  
High Quality ◽  
Industrial Transformation ◽  
Indigenous Innovation ◽  
New Energy ◽  
Generation Information

In the post-COVID-19 era, high-quality development will be a key characteristic of China’s economic development. Despite the disruption caused by the pandemic, China’s economy has remained on track for stable and long-term development. In the bid to drive China’s economic transition from factor-driven to innovation-driven development, it is imperative to improve total factor productivity, and that effort should focus on five key factors: urbanization and labour migration; the spillover effect of foreign technologies; human capital enhancement; scientific and technological progress; and marketization process. It is important to align with the main trends and directions of the scientific and technological revolution and industrial transformation. It will be increasingly necessary to focus on developing a dominant technological system represented by next-generation information technology, biotechnology, new energy sources and new materials and to leverage key accelerators of progress, including institutional reform, market optimization and indigenous innovation in order to advance high-quality economic development.

The BRIC Nations and the Anatomy of Economic Development: The Core Tenets of Rule of Law

2016 ◽  
Vol 9 (2) ◽  
Author(s):  
Nandini Ramanujam ◽  
Nicholas Caivano
Keyword(s):  
Economic Development ◽  
Rule Of Law ◽  
Economic Transition ◽  
Bric Countries ◽  
The Core ◽  
Intermediate Phases ◽  
Phases Of Development ◽  
The Relationship ◽  
Pluralist Approach

AbstractThe past decade has witnessed a revival in interest in the relationship between rule of law and economic development. Disenchantment with the universal model that emerged from the Washington Consensus era led to a shift in focus to a more pluralist approach in which policy prescriptions became tailored to each country’s socio-political context. The authors suggest that the pendulum may have swung to the other extreme, and that the newly ascendant pluralist approach may overemphasize pluralism at the expense of core rule of law principles. This paper examines the rule of law building efforts pursued by the BRIC countries to shed light on their strikingly different processes of economic transition. The authors argue that formal, informal, and transitional institutions have played distinct roles in these divergent economic development narratives. While informal and transitional institutions have facilitated growth during initial and intermediate phases of development, a degree of formalization across some institutions is critical to support the long-term development of a market economy. The authors set out the core tenets approach, an exploratory concept that emphasizes a malleable set of fundamental rule of law principles which exist alongside transition institutions to build trust in formal institutions as an economy advances.

scholarly journals Supporting competitiveness of textile companies in Ukraine

2019 ◽  
pp. 141-150
Author(s):  
Olena Berestetska
Keyword(s):  
Textile Industry ◽  
International Markets ◽  
Financial Sustainability ◽  
Competitive Advantages ◽  
Expert Evaluation ◽  
Key Factors ◽  
High Quality ◽  
National Market ◽  
Market Relations

In the conditions of market relations, each enterprise aims at maximizing the results of their performance. On the other hand, a competitive environment poses additional challenges in achieving this goal. Therefore, enterprises need to create and maintain competitive advantages, the main of which are aimed at manufacturing high quality products and meeting consumers’ expectations. That is why the purpose of the study is to assess the competitiveness of domestic textile enterprises and to develop proposals for their competitive positioning both on the national and international markets. The author proposes a model of expert evaluation of competitiveness in the textile industry of the national economy. The results of the study make it possible to conclude that there is sufficient potential for restoration and competitive development of the textile industry. It is stressed that democratic prices and high quality should become the key factors of competitiveness. It is determined that manufacturing high quality products by domestic enterprises will ensure long-term financial sustainability of enterprises and additional investments, which will help to increase production volumes, create more workplaces, improve the positioning of the industry on the national market, and increase its export potential.

scholarly journals Impact of Artificial Intelligence on Economic Development

2021 ◽  
Vol 4 (5) ◽  
pp. 71-77
Author(s):  
Ling Hu ◽  
Zhaoyong Chen ◽  
Zhao Chen
Keyword(s):  
Artificial Intelligence ◽  
Economic Development ◽  
High Speed ◽  
Technology Development ◽  
Spillover Effect ◽  
Theoretical Research ◽  
High Tech ◽  
High Quality ◽  
Privacy And Security ◽  
Development Environment

The economic growth pattern in China is changing from high-speed development to high-quality development. In order to promote high-quality economic development, it is necessary to promote the transformation and upgrading of all aspects of social reproduction. Artificial intelligence has promoted high-quality economic development in China from the aspects of innovation effect, technology spillover effect, factor improvement effect, and technology optimization effect. However, there are still several problems in China’s AI development, such as the lack of core technologies, privacy and security, as well as the lack of high-tech talents. To this end, China should advance basic theoretical research and key generic technology development to improve the self-reliance of science and technology, as well as optimize the development environment of the industry and improve the relevant laws and regulations as well as the ethical norms system. A system to train high-quality personnel and a mechanism that allows personnel flow should be established to promote high-quality economic development.

Conditions for the Hi-tech Complex Development

2003 ◽  
pp. 26-39
Author(s):  
V. Maevsky ◽  
B. Kuzyk
Keyword(s):  
Economic Development ◽  
Central Bank ◽  
Developed Countries ◽  
Industrial Society ◽  
Monetary Base ◽  
Complex Development ◽  
Bank System ◽  
Post Industrial

A project for the long-term strategy of Russian break-through into post-industrial society is suggested which is directed at transformation of the hi-tech complex into the leading factor of economic development. The thesis is substantiated that there is an opportunity to realize such a strategy in case Russia shifts towards the mechanism of the monetary base growth generally accepted in developed countries: the Central Bank increases the quantity of "strong" money by means of purchasing state securities and allocates the increment of money in question according to budget priorities. At the same time for the realization of the said strategy it is necessary to partially restore savings lost during the hyperinflation period of 1992-1994 and default of 1998 and to secure development of the bank system as well as an increase of the volume of long-term credits on this base.

Russian Federalism at the Critical Stage of Development

2008 ◽  
pp. 70-83 ◽  
Author(s):  
E. Bukhvald
Keyword(s):  
Economic Development ◽  
Social Processes ◽  
Self Management ◽  
Intergovernmental Fiscal Relations ◽  
Critical Stage ◽  
Municipal Reform ◽  
Stage Of Development ◽  
Social And Economic Development ◽  
Basic Course

Transformations in the sphere of federal relations concern the most important directions of the reforming processes in the country. However, not all proposed and actually developing components of the federal reform seem well-argued and corresponding to long-term, strategic interests of the Russian statehood. The basic course of reform should meet the objective requirements of further decentralization of governing economic and social processes and the need to ensure strengthening the responsibility of RF subjects’ executive bodies and local self-management for steady social and economic development of their territories. The solution of these problems calls for a new model of federal policy of regional development, specification of some important components of the municipal reform as well as inserting certain amendments into the system of intergovernmental fiscal relations in order to stir up their stimulating function.

Russia’s Development Strategy: Guidelines and Restrictions

2008 ◽  
pp. 119-130 ◽  
Author(s):  
V. Senchagov
Keyword(s):  
Economic Development ◽  
Development Strategy ◽  
Conceptual Basis ◽  
The Core ◽  
Economic Development Strategy ◽  
Socio Economic Development ◽  
Rates Of Growth

The core of Russia’s long-term socio-economic development strategy is represented by its conceptual basis. Having considered debating points about the essence and priority of the strategy, the author analyzes the logic and stages of its development as well as possibilities, restrictions and risks of high GDP rates of growth.

Secular stagnation in the modern world

2018 ◽  
pp. 125-141 ◽  
Author(s):  
S. M. Drobyshevsky ◽  
P. V. Trunin ◽  
A. V. Bozhechkova
Keyword(s):  
Public Debt ◽  
Capital Accumulation ◽  
Technological Development ◽  
Japanese Economy ◽  
Modern World ◽  
Key Factors ◽  
Destruction Process ◽  
Secular Stagnation ◽  
The Impact

The paper studies the factors of secular stagnation. Key factors of long-term slowdown in economic growth include the slowdown of technological development, aging population, human capital accumulation limits, high public debt, creative destruction process violation etc. The authors analyze key theoretical aspects of long-term stagnation and study the impact of these factors on Japanies economy. The authors conclude that most of the factors have significant influence on the Japanese economy for recent decades, but they cannot explain all dynamics. For Russia, on the contrary, we do not see any grounds for considering the decline in the economy since 2013 as an episode of secular stagnation.

Economic Development in 2006 and the Future of the Russian Economy: The Non-Resource-Based Sector Potential (The Economic Report of All-Russia Business Union “Delovaya Rossiya”)

2007 ◽  
pp. 27-45
Author(s):  
B. Titov ◽  
I. Pilipenko ◽  
A. Danilov-Danilyan
Keyword(s):  
Economic Development ◽  
Free Market ◽  
Economic Report ◽  
Russian Economy ◽  
The Social ◽  
National Economic ◽  
Investment Capital ◽  
Export Industries ◽  
Sustainable Economic Growth

The report considers how the state economic policy contributes to the national economic development in the midterm perspective. It analyzes main current economic problems of the Russian economy, i.e. low effectiveness of the social system, high dependence on export industries and natural resources, high monopolization and underdeveloped free market, as well as barriers that hinder non-recourse-based business development including high tax burden, skilled labor deficit and lack of investment capital. We propose a social-oriented market economy as the Russian economic model to achieve a sustainable economic growth in the long-term perspective. This model is based on people’s prosperity and therefore expanding domestic demand that stimulates the growth of domestic non-resource-based sector which in turn can accelerate annual GDP growth rates to 10-12%. To realize this model "Delovaya Rossiya" proposes a program that consists of a number of directions and key groups of measures covering priority national projects, tax, fiscal, monetary, innovative-industrial, trade and social policies.

The economy of the Chukotka Autonomous Okrug: On the path from monodependence to diversification

2020 ◽  
Vol 18 (4) ◽  
pp. 662-674
Author(s):  
S.G. Serikov
Keyword(s):  
Economic Development ◽  
Statistical Analysis ◽  
Gross Regional Product ◽  
Key Factors ◽  
Economic Problems ◽  
Analysis Methods ◽  
Socio Economic Development ◽  
Regional Product ◽  
Statistical Analysis Methods

Subject. This article explores the changes in the economic development of the Chukotka Autonomous Okrug during the Soviet and post-Soviet periods. Objectives. The article aims to identify trends and features of the socio-economic development of the Chukotka Autonomous Okrug. Methods. For the study, I used the comparative, computational, constructive, and statistical analysis methods. Results. The article reveals key factors in the growth of the Chukotka Autonomous Okrug's gross regional product and the economic challenges to the region. As well, the article considers and proposes some possible options for further socio-economic development of the Okrug. Conclusions. The Okrug's current socio-economic problems are caused by not objective reasons only, but subjective factors, as well.

SCIENTIFIC BASIS OF POSTGRADUATE TRAINING FOR OFFICER WORKING ETHNIC AFFAIRS USING STATE BUDGET IN THE PERIOD OF 2018 – 2025

2017 ◽  
Author(s):  
La Duc Minh ◽  
Nguyen Thi Hao ◽  
Vu Thi Thuy
Keyword(s):  
Economic Development ◽  
Ethnic Groups ◽  
Human Resource ◽  
Postgraduate Training ◽  
Scientific Basis ◽  
National Defense ◽  
High Quality ◽  
State Budget ◽  
International Integration

Ethnic affairs play an important role in socio of ethnic groups’ solidarity, assurance of security and national defense stability. In -economic development, maintenanceorder to improve the quality of ethnic affairs, it is practical to carry out postgraduate training of officer implementing ethnic affairs using state budget with the aim of encouraging and enhancing officer quality to satisfy high-quality human resource in international integration.

Sign in / Sign up

Export Citation Format

Share Document