scholarly journals ECONOMIC GROWTH IN THE LARGE AND SMALL-SCALE ECONOMIES AND THE ROLE OF RESOURCES IN CONVERSION OF ENERGY-ORIENTED TO INNOVATION-DRIVEN ECONOMY

Ekonomika ◽  
2009 ◽  
Vol 88 ◽  
pp. 52-65 ◽  
Author(s):  
Natalia Kuznetsova
Keyword(s):  
Economic Growth ◽  
World Economy ◽  
Global Financial Crisis ◽  
Historical Context ◽  
International Comparisons ◽  
Scale Economies ◽  
Small Scale ◽  
Investigation Methods ◽  
The World

The article deals with the economic growth in different scale economies, namely, resource-abundant and resource–driven countries and chances for the conversion of the latter into the knowledge-based mode of development. The paper deals with two problems 1) economic growth in different groups of the small-scale countries of the world economy through the estimate of the historical context ; 2) dynamics of the assessment in small and large transit economies.The goal of the article is to promote the idea of the resource-rich economies which find themselves at different stages of overcoming transitivity from the curse to the blessing type of economic growth. The hypothesis of the article is that sustainable economic development and continuous economic growth in transit economies could be achieved by means of the formation of the rent capitalism model in the large resource-rich countries. The methods used in the article are analysissynthesis, historical and logical methods of investigation, methods of international comparisons. The main conclusion of the article is that due to the formation of rent capitalism model growing gigantic countries play a predominant role in the world economy and in the global financial markets gaining the role of the savior during the expansion of the global financial crisis.

Evolution of the Structure of the American Economy

2005 ◽  
pp. 84-96 ◽  
Author(s):  
A. Porokhovsky
Keyword(s):  
Economic Growth ◽  
World Economy ◽  
Information Technologies ◽  
Economic Structure ◽  
The Past ◽  
The World ◽  
The Usa ◽  
American Economy

The author pays special attention to the USA leading positions in the world economy. The basic significance of traditional industries, first of all manufacturing, in the structure of the American economy and its evolution are underlined. The article analyzes in detail the increasing role of services including finance. Information technologies create new economic structure and new quality of economic growth. A reader learns from the article about sustainable reproduction role of business cycle in the past and present.

scholarly journals Inwestycje zagraniczne we Francji w dobie globalizacji

2011 ◽  
Vol 7 ◽  
pp. 24-41
Author(s):  
Sławomir Dorocki
Keyword(s):  
Economic Growth ◽  
International Economic ◽  
World Economy ◽  
Foreign Capital ◽  
External Debt ◽  
Regional Differentiation ◽  
Foreign Direct Investments ◽  
Foreign Investments ◽  
The World

The turn of the 20th and 21st centuries brought an intensive increase of international economic connections that were a part of the process of globalization of the world economy. The result of these processes was opening of the countries’ economies which influenced the increase of the role of foreign investments as a factor of economic development of a country. Foreign direct investments (FDI) are nowadays one of the most sought-after forms of foreign capital flow. Foreign investments do not cause external debt. They influence the flow of technology, generate economic growth, contribute to the decrease in unemployment, introduce new management methods, create access to the new markets and generate production infrastructure. The following study presents a short characteristic of foreign investments in France. It analyses regional differentiation of foreign investments in France on the basis of their quantity and in reference to the number of workplaces generated by FDI. Finally, the article presents the factors that have influence on the localization of foreign investments.

scholarly journals Structural shifts: impact on productivity and growth of Ukraine's economy

2021 ◽  
Vol 2021 (3) ◽  
pp. 59-76
Author(s):  
Inna Shovkun ◽  
◽  
Keyword(s):  
Economic Growth ◽  
Labor Productivity ◽  
World Economy ◽  
Structural Changes ◽  
Global Financial Crisis ◽  
Technological Development ◽  
Structural Problems ◽  
Industrial Sectors ◽  
The World ◽  
Structural Shifts

The leading feature of the modern world has been the deep structural shifts caused by radical transformations of its industrial landscape. The corresponding transformations were caused by changes in the internal structure of national industrial sectors and were based on the technologies of the "fourth industrial revolution", whose emergence gave additional impetus to the structural transformation of the world economy, intensifying competition in global markets. The Covid crisis was a catalyst for accelerating changes in the intersectoral proportions of the world economy, complicating the existing structural problems. The study shows that the key feature of the model of structural changes that occurred in Ukraine's economy after the global financial crisis was the accelerated reduction of the industrial sector, especially the loss of potential of the processing industry, its technological simplification and narrowing the variety of industries. This was accompanied by increased dominance of the tertiary sector and the growth of the primary sector. Excessive share in the structure of production is occupied by industries, whose mode of reproduction is able to generate only relatively low rates of economic growth (mining and related industries of primary processing in industry and agriculture). Such a trend of structural shifts is not able to generate the necessary boost of economic growth, and much less so as it is burdened by the risks of deepening structural inconsistency of Ukraine’s economy with the cardinal changes taking place in the world economy. Comparison of parameters and trends of structural changes in Ukraine’s economy and in a comparable group of countries and the world as a whole shows that the changes in the structure of Ukraine’s economy were much higher, but did not create sufficient potential for sustainable economic growth. The author analyzes the gaps in labor productivity between economic activities and sectors of Ukraine’s economy, as well as changes in their dynamics, which leads to the conclusions about the relationship between the rates of technological development of different sectors of Ukraine’s economy and the gradual slowdown of the already imperfect technological development of this country’s industry with further loss of competitiveness. Estimated the degree of influence of such factors as investments and technological innovations, as well as shifts in the structure of employment on the increase of labor productivity in Ukraine’s economy. Using the apparatus of econometric modeling, the author evaluates the dependence of the dynamics of GDP growth on the change of the indices of the physical volume of GVA in the sectors of this country’s economy.

scholarly journals THE ROLE OF ZAKAT IN MALAYSIA IN DEALING WITH THE COVID-19 PANDEMIC

2021 ◽  
Vol 3 (8) ◽  
pp. 21-30
Author(s):  
Muhammad Hanif Mohd Noor ◽  
Muhammad Aiman Abdull Rahim ◽  
Wan Abdul Rahman Wan Ibrisam Fikry ◽  
Aminudin Hehsan
Keyword(s):  
Economic Growth ◽  
Content Analysis ◽  
World Economy ◽  
Point Of View ◽  
Economic Point ◽  
The People ◽  
The World ◽  
The Impact ◽  
Positive Effect

The COVID-19 pandemic that struck, shocks the whole world, regardless of race or religion. The effects of a pandemic can be felt from a health, social and economic point of view. The impact clearly affects the growth of the world economy, especially in Malaysia. Despite the pandemic, we can see the assistance extended by the people of the world, especially the community in Malaysia to help those effected and affected by the COVID-19 pandemic. Zakat institutions in Malaysia have also not missed out on their duty to help asnaf who need special assistance during this pandemic. So, in this study, the researcher will study in more depth the assistance provided and the channels used to help the zakat asnaf affected by the COVID-19 pandemic. In addition, this study also aims to determine the impact of assistance given to asnaf on the country's economic growth during the pandemic. The methodology used is content analysis from studies on zakat and, data from zakat institutions. The results of the study showed a positive effect on the economy of the recipients with the assistance received by the asnaf from the zakat institution.

scholarly journals Causes and Consequences of the World Financial Crisis 2008: A Historical Perspective

2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Adis Maksic ◽  
◽  
Selma Delalic ◽  
Adem Olovčić
Keyword(s):  
Financial Crisis ◽  
Global Economy ◽  
Global Financial Crisis ◽  
Historical Context ◽  
Global Market ◽  
Financial Policies ◽  
The West ◽  
The World ◽  
Economic Ideology

Abstract: This paper situates the 2008 Global Financial Crisis into the wider historical context to argue that the roots of the crisis can be traced back to the dominant economic ideology in the West during the 1970s. It shows that the corresponding financial policies, implemented by the powerful western economies during the four decades that preceded the crisis, created an institutional framework that fostered financial irresponsibility and made the crisis all but inevitable. The paper also explores the ideas that led to the stabilization of the global market as well as the role of China in charting the way ahead. Ultimately, the discussion highlights the inherent tendency of neoliberal economic ideology to create market instabilities whose consequences for the global economy can be devastating.

scholarly journals DYNAMICS AND EFFICIENCY OF EVENTS TOURISM, FACTORS IN GLOBAL ECONOMIC GROWTH

2016 ◽  
Vol 4 ◽  
pp. 073-078
Author(s):  
Raluca Georgiana Stoian ◽  
Manuela Liliana Muresan
Keyword(s):  
Economic Growth ◽  
World Economy ◽  
Business Travel ◽  
Corporate World ◽  
The World ◽  
Business Events ◽  
Global Economic Growth ◽  
Additional Service ◽  
Dynamic Link

Meetings, Incentives, Conventions, and Exhibitions (MICE) is an elite segment of tourism linked to business tourism. It has become dynamic worldwide in recent years. The efficiency of tourism events emerges with the connection between the corporate world and world travel organizations. This connection is a dynamic link that is profitable for all parties involved. Currently, about 40% of the activity and profit is due to worldwide business travel and the event industry. This paper aims to highlight the efficient role of tourism events through the dynamic “Convention Bureau”, at both the international and Romanian level, in terms of global economic growth. We found from the study of this activity sector that one of the important directions of innovation and raising the competitiveness of the tourist offer of any country is given the additional service diversification by stimulating tourism dynamics of events. The advantages and benefits that may be mentioned in business events tourism are revenues from services such as accommodation, facilities conference, catering, leisure, transport and entertainment. These revenues are stimulating the growth of the world economy.

Actual Problems of Economic Policy

2003 ◽  
pp. 23-38 ◽  
Author(s):  
M. Ershov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Foreign Exchange ◽  
World Economy ◽  
Domestic Economy ◽  
The World ◽  
Exchange Policy ◽  
Effective Integration

At present Russia faces the task of great importance - effective integration into the world economy. The success of this process largely depends on the strength of the domestic economy and stable economic growth. To attain such a goal certain changes in economic approaches are required which imply more active, focused and concerted steps in the monetary, fiscal and foreign exchange policy.

Kazakhstan’s Economic Growth in the Context of the World Economy

2006 ◽  
pp. 133-146 ◽  
Author(s):  
K. Arystanbekov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
World Economy ◽  
World Ocean ◽  
Direct Access ◽  
Crude Petroleum ◽  
Nation States ◽  
The World ◽  
The Relationship

Kazakhstan’s economic policy results in 1995-2005 are considered in the article. In particular, the analysis of the relationship between economic growth and some indicators of nation states - population, territory, direct access to the World Ocean, and extraction of crude petroleum - is presented. Basic problems in the sphere of economic policy in Kazakhstan are formulated.

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