scholarly journals Rising Intergenerational Income Persistence in China

2021 ◽  
Vol 13 (1) ◽  
pp. 202-230 ◽  
Author(s):  
Yi Fan ◽  
Junjian Yi ◽  
Junsen Zhang
Keyword(s):  
Economic Development ◽  
Birth Cohort ◽  
Income Elasticity ◽  
Economic Reforms ◽  
Market Reforms ◽  
Policy Changes ◽  
Coastal Residents

This paper documents an increasing intergenerational income persistence in China since economic reforms were introduced in 1979. The intergenerational income elasticity increases from 0.390 for the 1970–1980 birth cohort to 0.442 for the 1981–1988 birth cohort; this increase is more evident among urban and coastal residents than rural and inland residents. We also explore how changes in intergenerational income persistence is correlated with market reforms, economic development, and policy changes. (JEL J62, O15, O18, P25, P36)

Indian Muslim(s) After Liberalization

2019 ◽  
Author(s):  
Maidul Islam
Keyword(s):  
Economic Development ◽  
Free Market ◽  
Political Leadership ◽  
Economic Reforms ◽  
Turn Of The Century ◽  
The Political ◽  
Economic Policies ◽  
Multiple Forms ◽  
Muslim Identity ◽  
Economic Changes

Close to the turn of the century and almost 45 years after Independence, India opened its doors to free-market liberalization. Although meant as the promise to a better economic tomorrow, three decades later, many feel betrayed by the economic changes ushered in by this new financial era. Here is a book that probes whether India’s economic reforms have aided the development of Indian Muslims who have historically been denied the fruits of economic development. Maidul Islam points out that in current political discourse, the ‘Muslim question’ in India is not articulated in terms of demands for equity. Instead, the political leadership camouflages real issues of backwardness, prejudice, and social exclusion with the rhetoric of identity and security. Historically informed, empirically grounded, and with robust analytical rigour, the book tries to explore connections between multiple forms of Muslim marginalization, the socio-economic realities facing the community, and the formation of modern Muslim identity in the country. At a time when post-liberalization economic policies have created economic inequality and joblessness for significant sections of the population including Muslims, the book proposes working towards a radical democratic deepening in India.

Human Capital as a Determinant of Long-Term Economic Growth

2018 ◽  
pp. 249-264
Author(s):  
Siriwan Saksiriruthai
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Capital Accumulation ◽  
Economic Reforms ◽  
Success Factor ◽  
Human Capital Accumulation ◽  
Modern Economic ◽  
And Migration ◽  
Capital Development

This chapter aims to investigate the importance of human capital as a key success factor to economic growth and modern economic reforms as well as exploring determinants of human capital. Then factors influencing human capital accumulation as well as case studies are discussed to illustrate the influence of human capital to economic growth and reforms. Together with economic reforms, supportive education and human capital development policies, some countries could generate a dramatic technology and economic development. Currently, human capital even becomes crucial because of this technological progress. Thus, modern economic reform needs more intense human capital accumulation to cope with more advanced technology. In this chapter, we investigate the role of human capital accumulation by education and migration process in economic reforms and development of three countries with completely different conditions of economic development.

Human Capital as a Determinant of Long-Term Economic Growth

2021 ◽  
pp. 1518-1533
Author(s):  
Siriwan Saksiriruthai
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Capital Accumulation ◽  
Economic Reforms ◽  
Success Factor ◽  
Human Capital Accumulation ◽  
Modern Economic ◽  
And Migration ◽  
Capital Development

This chapter aims to investigate the importance of human capital as a key success factor to economic growth and modern economic reforms as well as exploring determinants of human capital. Then factors influencing human capital accumulation as well as case studies are discussed to illustrate the influence of human capital to economic growth and reforms. Together with economic reforms, supportive education and human capital development policies, some countries could generate a dramatic technology and economic development. Currently, human capital even becomes crucial because of this technological progress. Thus, modern economic reform needs more intense human capital accumulation to cope with more advanced technology. In this chapter, we investigate the role of human capital accumulation by education and migration process in economic reforms and development of three countries with completely different conditions of economic development.

Reforming China's Financial Markets

2001 ◽  
Vol 100 (647) ◽  
pp. 291-294
Author(s):  
Stephen Thomas ◽  
Ji Chen
Keyword(s):  
Economic Development ◽  
Financial Markets ◽  
Financial Institutions ◽  
Financial System ◽  
Market Reforms ◽  
Major Stage

China has begun another major stage of its market reforms in its financial system. These reforms will continue to move China gradually but inevitably toward modern financial institutions that will provide an additional stimulus to China's overall economic development.

EXPERIENCE OF ECONOMIC REFORMS' IMPLEMENTATION IN POLAND AND UKRAINE

2018 ◽  
Vol 7 (1) ◽  
pp. 10-11
Author(s):  
Lyubov Halkiv ◽  
Galina Myskiv ◽  
Iryna Pasinovych
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
National Economy ◽  
Economic Reforms ◽  
Structural Reforms ◽  
Positive Experience ◽  
Long Time ◽  
Further Development ◽  
The Eu

The article combines the research of a system of indicators and authors’ reflections elaborated on the basis of material. The authors believe that study of Poland's economic reforms will provide an opportunity to apply a positive experience for the further development of the Ukrainian economy. Using different approaches to governance, two countries have reached different results. Today, the gap in the rates of economic development of Ukraine and Poland is increasing. Accession to the EU and systemic structural reforms in the country until 2004 contributed to the acceleration of Poland's economic growth. Ukraine for a long time failed to implement effective reforms, which have caused to the backlog of the national economy from the economies of neighboring countries.

Dealing by a Truculent Ally: A Comparative Perspective on China's Handling of North Korea

2005 ◽  
Vol 5 (1) ◽  
pp. 35-75 ◽  
Author(s):  
Michael R. Chambers
Keyword(s):  
Economic Development ◽  
Risk Taking ◽  
Korean Peninsula ◽  
North Korea ◽  
Economic Reforms ◽  
Comparative Perspective ◽  
The Future ◽  
Nuclear Crisis ◽  
Made In

Fearing war on the Korean peninsula as a result of the current nuclear crisis, China has attempted to restrain its risk-taking ally in North Korea and push it toward a negotiated solution. In the process, Beijing has reneged on security commitments made in its bilateral alliance with Pyongyang. We should not be surprised by this behavior because China has acted similarly in other alliances with Asian neighbors. In particular, the PRC has demonstrated a wariness of being dragged into unwanted conflicts, has (since the economic reforms began in 1978) placed its own strategic economic development interests over fulfilling security pledges to allies, and has taught unruly allies a lesson for defying Chinese interests and advice by allowing them to be bloodied in combat. China's refusal to honor its security commitments in order to restrain North Korea and avoid entrapment in an undesired war raises the issue of the future of this alliance.

scholarly journals “Concept 2020” and the Lessons of the Crisis Development

Federalism ◽  
2020 ◽  
pp. 5-19
Author(s):  
E. M. Bukhvald
Keyword(s):  
Economic Development ◽  
Economic Reforms ◽  
Economic Resources ◽  
Socio Economic Development ◽  
The Russian Federation ◽  
The Stability ◽  
Legal Mechanism ◽  
Scenario Approach ◽  
General Vector

“The Concept of long-term socio-economic development of the Russian Federation for the period up to 2020”, adopted in 2008 (hereinafter - the Concept), reasonably can be considered as one of the most significant - since the beginning of economic reforms in Russia – attempt to form an idea of the long-term prospects for socio-economic development of the country, as well as the necessary steps to ensure the stability of this development. The document is characterized by a systematic vision of the actual and perspective trends in the economic and social development of the country; the desire to use a scenario approach in setting the goals of the Concept; the intention to provide the formulated priorities with the necessary economic resources, institutional and legal innovations. Among these items of fundamental importance is the policy of developing economic and legal mechanism of federal relations and priorities’ setting for the state policy of regional development. After the Concept was adopted (this document is currently listed as valid in all databases), it was changed several times. The nature of these changes is very different, but their general vector is clearly visible: to remove from the document those benchmarks, targets, etc., which quite soon after the adoption of the document appeared to be clearly unattainable. The article discusses some of the key items of the Concept and the reasons why the document was not implemented.

scholarly journals MARKET UPDATE IN POST-SOVIET KAZAKHSTAN

2021 ◽  
Vol 69 (2) ◽  
Author(s):  
Anar Mami ◽  
Keyword(s):  
Economic Development ◽  
Market Economy ◽  
The State ◽  
Soviet Period ◽  
Market Reforms ◽  
Private Ownership ◽  
Current Crisis ◽  
Mixed Economy ◽  
The Past ◽  
Post Soviet Period

The article examines the results of market reforms in Kazakhstan in the post-Soviet period, comparing the past and present. For 30 years, the market economy has decided only some of the most pressing issues of the economy. The full transition to private ownership, which began in the 1990s, is already in its infancy. To get out of the current crisis in Kazakhstan, it is necessary to change the direction of economic development. The state must take responsibility for these changes. The result in the country should be a model of mixed economy, offering different forms of ownership. At the same time, the state must control the spheres that facilitate the lives of people and play a key role in the security of the country.

scholarly journals Impact of Indias Export on Indian GDP after Liberalisation

2022 ◽  
Vol 10 (1) ◽  
pp. 148-154
Author(s):  
CA Naveen Kumar Tiwari
Keyword(s):  
Economic Development ◽  
Well Being ◽  
Economic Reforms ◽  
Sustainable Growth ◽  
Political Policy ◽  
Economic Decisions ◽  
Policy Interventions ◽  
Economic Progress ◽  
Indian Context ◽  
The Government

Abstract: Economic and political policy interventions were reflected on the economic development of the countries with respect to improving economic and social well-being of poor, market productivity and considerable growth rate in GDP. Specifically, in Indian context, these economic decisions have been a considerable influence on inclusive growth of the nation. It is evidence that India embarked on economic reforms in July, 1991, from the effect of a balance of payment crisis. The government initiated economic reforms basically is to provide an environment of sustainable growth and stability. Thereby the LPG (Liberalization, Privatization and Globalization) system has come to the picture for economic progress of the country. Thepresent study investigates the linkage between foreign trade trends of India and its economic development in the light of economic reforms in India since 25 years (1991-2016). The outcomes of the study strongly support that there is a causal relationship between exports to GDP and GDP to exports and also causality between imports to exports in India.

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