scholarly journals Gross Domestic Product and Labour Force Development Tendencies in the Baltic States, 2000 - 2011

2012 ◽  
Vol 51 (1) ◽  
pp. 80-87
Author(s):  
Einārs Ulnicāns

The article with calculations analyses the development tendencies of gross domestic product, employment,unemployment, labour productivity and loss of unemployment in the Baltic States during 2000 - 2011. The results of thecalculations are explained in the description of these trends and their obvious and possible causes. A brief concept of thetheoretical background and the main formula for the calculation of labour productivity is provided as well. Conclusions aredrawn about the overall character of the development trends. The overall trends of economic development are similar in allthree countries. Gross domestic product, employment and labour productivity were growing until 2007. From 2008 to 2010they fell as a result of the economic crisis, but in 2011 all the indicators began rising again. Major changes in movement,including negative changes, are more frequently observed in Lithuania and Estonia. Differences between the countries appearin nuances, especially in Lithuania.

2012 ◽  
Vol 1 (4) ◽  
pp. 69
Author(s):  
Valda Bratka ◽  
Artūrs Prauliņš

The agriculture and dairy sectors are important integral parts of Latvian economy. Recently they have suffered a significant decline due to a price disparity and out–of–date technologies. At present most dairy farms work with losses or low profitability. As the effectiveness of labour force is the key prerequisite of successful agri–management, the comparative analysis of labour productivity of dairy farms in the Baltic States and the EU are performed. Special attention has been paid to the structure of labour force, revealing the proportion of paid labour in total labour resources. In contrast to previously done research the focus is on international comparison within the Baltic States and the EU average level.


Author(s):  
Y. Marko ◽  
V. Kuzmenko

The article provides the importance of Ukraine's economic development to ensure national security, highlights the main internal and external threats to Ukraine's national security, such as: hybrid economic war, the "needle" of loans from the International Monetary Fund, communal tariffs, opening the gas market in Ukraine, inefficient introduction of the circulation of domestic agricultural lands and insufficient use of the capabilities of the country's economy. The cyclical nature of economic development is practically proved by distinguishing four phases of economic development of the studied countries for the last ten years, weak efficiency of economic policy of Ukraine and possible applied mechanisms of economic growth. An econometric analysis of GDP of Ukraine and countries that occupy the largest share in Ukrainian imports of goods, the budget of Ukraine and the budget of the Ministry of Defense of Ukraine using the method of least squares and even linear regressions, calculated the intensity of changes in Ukraine's economic processes. The model of gross domestic product of Ukraine depending on the gross domestic product of China, Poland, Russia, Turkey, Germany, Italy, Belarus, the United States and France (nine-factor model), as well as the model of Ukraine's defense budget depending on the domestic gross domestic product product, budget expenditures, taxes, minimum and average wages and inflation (seven-factor model). On the example of the Ministry of Defense of Ukraine as a public sector institution, the registration algorithm for economic (additional) activities by military units and the distribution of revenues to increase the special fund of the state budget of Ukraine and create recovery of the country economy in general.


2020 ◽  
Vol 31 (2) ◽  
pp. 211-220
Author(s):  
Emília Krajňáková ◽  
Vaida Pilinkienė ◽  
Patrik Bulko

The scope of the data presented in this study offers a comprehensive view of the issue of the HEI graduates employability in the Czech Republic and also in the Slovak Republic – related to determinants of economic development and their impact on them. This paper examines the impact of gross domestic product, gross domestic expenditure on research and experimental development by only higher education sector and foreign direct investment on HEI graduates employability. The results indicate that correlation between unemployment of tertiary educated Slovaks and GDP, GERD and FDI values was very big. Correlation relationship of similar determinants, except determinant GERD in conditions of the Czech Republic was characterized as weak. On the other hand, significantly stronger (very big to perfect) correlation affecting employment of tertiary educated Czechs regarding to indicators of gross domestic product, gross domestic expenditure on research and experimental development by sector of higher education and foreign direct investments as well. In conditions of the Slovak Republic, correlation relationship between employment of tertiary educated Slovaks and GDP was almost perfect.


Author(s):  
V. V. Vorotnikov

The economic crisis fueled contradictions among the parties and weakened public support of internal and external policies of the Baltic states (Lithuania, Latvia, Estonia). Natural necessity to abandon previous one-sided Euro-Atlantic foreign political and foreign economic orientation in favor of more balanced approach towards relations with Eastern neighbours (primarily with Russia) has become the issue of key importance that turned out to be a stumbling block for main political parties (ruling parties, opposition, so called ‚Russian‘ parties) in the Baltic states. The attitude to this problem became crucial during recent political crisis in Latvia, whereas in Lithuania and Estonia it led to changing rhetoric on foreign political issues by opposition parties. It is possible to nominally define the political situation in Lithuania as partisan consensus, whereas in Latvia and Estonia foreign political strategies complicated by unresolved domestic ethnic and language minorities problems are a battlegroud for ruling right-wing conservative coalitions and social-democratic oppositions. So, main social and political forces in the Baltic states faced the task to find a new consensus on foreign political issues in order to efficiently develop national economies under the conditions of financial economic turbulence in the EU and worldwide as well as to support social unity.


2021 ◽  
Vol 1 (3) ◽  
pp. 555-571
Author(s):  
Aida Azmi Nabila ◽  
Endang Hatma Juniwati ◽  
Fifi Afiyanti Tripuspitorini

Islamic banking has a role to encourage economic development and enhance economic growth. One way to do this is by allocating Islamic banking financing funds to all economic sectors or industrials in Indonesia. There is a mismatch between the growth statistics of financing distribution to Gross Domestic Product based on industrials consisting of seven industrial. This istudy iaims ito idetermine iwhether ior inot ithere iis ia  relationship, iconstribution, and the effect iof ifinancing ichanneled on Indonesia's Gross Domestic Product. The isample iin ithis istudy was determined using ipurposive isampling. iThis iresearch imethod iis ia idescriptive imethod iwith ia iquantitative iapproach. iThe iresults iof  the model test of the effect of BUS and UUS financing on Indonesia’s Gross Dometic Product based on the industrial in 2012-2019 show that not all financing has a relationship, constribution, and the effect to Indonesia’s Gross Domestic Product based on the industrial.


2018 ◽  
pp. 1369
Author(s):  
Rio Surya Wijaya ◽  
I Made Sukartha

National development of a nation includes economic development and Micro, Small and Medium Enterprises (MSMEs). MSME performance needs to be examined because the contribution of the MSME sector to the Gross Domestic Product (GDP) has increased from 57.84% to 60.34% in the last 5 years. This study aims to determine the effect of intellectual intelligence, emotional intelligence, and spiritual intelligence of the owner on the performance of Micro, Small and Medium Enterprises. Research subjects are the performance of UMKM in Denpasar City. The sample determination technique used in this study is Probably sampling used using a simple random technique. There are 100 MSMEs as samples with a questionnaire statement totaling 71 statements. Based on the results of the analysis of research obtained intellectual intelligence has a positive influence on the performance of MSMEs, Emotional Intelligence has a positive influence on the performance of SMEs, and Spiritual Intelligence has a positive influence on the performance of SMEs. Keywords: Intellectual Intelligence, Emotional Intelligence, and Spiritual Intelligence.


Energies ◽  
2021 ◽  
Vol 14 (11) ◽  
pp. 3302
Author(s):  
Mihaela Simionescu ◽  
Adam Wojciechowski ◽  
Arkadiusz Tomczyk ◽  
Marcin Rabe

Sustainable development can be achieved when economic development does not produce environmental deterioration. In this context, the aim of the paper is to evaluate the effects of economic development on GHG emissions in the Baltic States (Latvia, Letonia, and Lithuania), and in Hungary, the Czech Republic, Slovakia, and Poland (the Visegrád Group or V4 countries) in the period of 1996–2019. The study introduces dynamic ARDL panels in the context of the traditional environmental Kuznets curve (EKC) and renewable Kuznets curve (RKC). The results indicated an inverse-N-shaped and a U-shaped pattern. Energy consumption and labour productivity enhanced pollution, while domestic credit to the private sector, as a share of GDP, and renewable energy consumption supported environmental protection. The implications of these results might help these countries to achieve the targets of the European Green Deal related to the reduction of pollution and the attainment of net zero emissions by 2050. However, national regulations should further promote the use of renewable energy sources.


2018 ◽  
Vol 4 ◽  
pp. 237802311877362 ◽  
Author(s):  
Xiaorui Huang ◽  
Andrew K. Jorgenson

The authors examine the potentially asymmetrical relationship between economic development and consumption-based and production-based CO2 emissions. They decompose economic development into economic expansions and contractions, measured separately as increases and decreases in gross domestic product per capita, and examine their unique effects on emissions. Analyzing cross-national data from 1990 to 2014, the authors find no statistical evidence of asymmetry for the overall sample. However, for a sample restricted to nations with populations larger than 10 million, the authors observe a contraction-leaning asymmetry whereby the effects of economic contraction on both emissions outcomes are larger in magnitude than the effects of economic expansion. This difference in magnitude is more pronounced for consumption-based emissions than for production-based emissions. The authors provide tentative explanations for the variations in results across the different samples and emissions measures and underscore the need for more nuanced research and deeper theorization on potential asymmetry in the relationship between economic development and anthropogenic emissions.


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