scholarly journals REFUGEES AS A FACTOR OF ECONOMIC DEVELOPMENT IN HOST COUNTRIES OF MIGRATION

2016 ◽  
pp. 82-89
Author(s):  
R. Stakanov
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
World War Ii ◽  
Supply And Demand ◽  
Forced Migration ◽  
Developed Countries ◽  
Economic Consequences ◽  
Host Countries ◽  
The World ◽  
The Difference

The article analyses refugee impact on economic development of host countries. About two-thirds of all international migrants reside in 20 countries. Total number of refugees in the world was estimated at 19.5 million people in 2014, the number of refugees reached the highest level since World War II. Unlike the voluntary migration, the vast majority of refugees head towards developing countries. It must be stressed that forced migration flows generate significant negative political and economic consequences for the world as a whole. Forced migrants tend to come to those regions where there are no significant employment opportunities. The assumption that receiving a large number of migrants by developed countries may cause unemployment or reduce wages or leads to a significant increase in the cost of public finances due to the rise in social payments is largely unconfirmed. Forced migration being poorly guided, as it is an intrinsic feature of today's stage, creates significant negative externalities to neighbouring regions and the world at large. There is a sizeable difference between forced and voluntary migration for their economic and political consequences. In terms of economic prospects, the difference between forced and voluntary migration should disappear over time. The paper studied the mismatch of supply and demand for certain skills on the labour market that is much more of a problem for developing countries because they receive large volumes of refugees in relation to the total population of their countries and have far fewer opportunities for leveling the imbalance in the economy by attracting additional amount of capital.

scholarly journals Akamatsu Waves

2017 ◽  
Author(s):  
Arno Tausch ◽  
Leonid Grinin ◽  
Andrey Korotayev
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
World War Ii ◽  
Textile Industry ◽  
Developed Countries ◽  
World War ◽  
The World ◽  
Catch Up ◽  
Convergence And Divergence ◽  
Developing And Developed Countries

In 1937, the Japanese economist Kaname Akamatsu discovered specific links between the rise and decline of the global peripheries. Akamatsu’s theory of development describes certain mechanisms whose working results in the narrowing of the gap between the level of development of the economy of developing and developed countries, and, thus, in the re-structuring of the relationships between the global core and the global periphery. Akamatsu developed his model on the basis of his analysis of the economic development of Japan before World War II, with a special emphasis on the development of the Japanese textile industry. Akamatsu’s catch-up development includes three phases: import of goods, organization of the production of previously imported products, and export of those goods. This model proved to be productive for analyzing the development of many other developing countries, especially in East Asia, making the theory of flying geese popular among the economists of these countries, as well as the whole world. The “flying geese” model produces certain swings that may be denoted as Akamatsu waves. Akamatsu waves may be defined as cycles (with a period ranging from 20 to 60 years) that are connected with convergence and divergence of core and periphery of the World System in a way that explains cyclical upward and downward swings (at global and national levels) in the movements of the periphery countries as they catch up with the richer ones.

ICT in Regional Development

2005 ◽  
pp. 387-392
Author(s):  
Saundarjya Borbora ◽  
Mrinal Kanti Dutta
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Regional Development ◽  
Developing Economies ◽  
Developed Countries ◽  
The World ◽  
Information And Communication ◽  
Increase Productivity ◽  
Internet Connections ◽  
The Developed Countries

Economic development and information and communication technology (ICT) are found to move together in the present day era of globalization. ICT can contribute significantly in economic development of a region by providing adequate information at the minimum of time and cost, thereby enhancing productivity in different sectors of an economy. This fact is substantiated by several studies (Kraemer & Dedrick, 2001; Pohjola, 2001). Some country specific studies like that of Singapore (Wong, 2001) also highlighted similar results. ICT diffusion in the world has been quite rapid since the mid 1990s. While the developed countries have benefited substantially from the ICT growth, the developing countries could not reap similar benefits out of it which has resulted in emergence of a digital divide across the countries (Economist, 2000; Nkrumah, 2000; Norris, 2001). This divide is noticed not only across countries but also within a country and this is more prominent in developing economies like India. ICT diffusion is another area which needs more attention in India as it will lead to ICT access and application of ICT in real sectors to increase productivity and output. During the past one decade India has made rapid advances in ICT growth as reflected in the increase in the number of Internet connections and users. The growth of Internet connections and users in the country is shown in Table 1.

ICT in Regional Development

2008 ◽  
pp. 351-358
Author(s):  
Saundarjya Borbora ◽  
Mrinal Kanti Dutta
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Regional Development ◽  
Developing Economies ◽  
Developed Countries ◽  
The World ◽  
Information And Communication ◽  
Increase Productivity ◽  
Internet Connections ◽  
The Developed Countries

Economic development and information and communication technology (ICT) are found to move together in the present day era of globalization. ICT can contribute significantly in economic development of a region by providing adequate information at the minimum of time and cost, thereby enhancing productivity in different sectors of an economy. This fact is substantiated by several studies (Kraemer & Dedrick, 2001; Pohjola, 2001). Some country specific studies like that of Singapore (Wong, 2001) also highlighted similar results. ICT diffusion in the world has been quite rapid since the mid 1990s. While the developed countries have benefited substantially from the ICT growth, the developing countries could not reap similar benefits out of it which has resulted in emergence of a digital divide across the countries (Economist, 2000; Nkrumah, 2000; Norris, 2001). This divide is noticed not only across countries but also within a country and this is more prominent in developing economies like India. ICT diffusion is another area which needs more attention in India as it will lead to ICT access and application of ICT in real sectors to increase productivity and output. During the past one decade India has made rapid advances in ICT growth as reflected in the increase in the number of Internet connections and users. The growth of Internet connections and users in the country is shown in Table 1.

scholarly journals Can It Be Both Economically and Morally Rewarding to Invest in Developing Countries?

2005 ◽  
Vol 5 (2) ◽  
pp. 1850035 ◽  
Author(s):  
Ricardo Gottschalk
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Developing World ◽  
Developed Countries ◽  
Global Development ◽  
Socially Responsible ◽  
Responsible Investment ◽  
The World ◽  
Moral Case ◽  
Development Objectives

This paper argues that investing in developing countries can be both economically and morally very rewarding. It firstly shows that historically capital invested in developing countries has obtained higher returns than invested in developed countries. It secondly argues that there is also a moral case for investing in developing countries. It would accelerate economic development in the poorer areas of the world, thereby promoting global development. It finally suggests that the socially responsible investment (SRI)initiative could be broadened to incorporate development objectives more explicitly, thereby serving as a conduit to more investment to the developing world.

scholarly journals Development trends of the current global economy

2020 ◽  
pp. 23-26
Author(s):  
Viktoriia DERHACHOVA ◽  
Viktoriia HOLIUK ◽  
Oleksandr ZGHUROVSKYI
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Global Economy ◽  
Industrial Revolution ◽  
Developed Countries ◽  
World Market ◽  
Economic Convergence ◽  
African Countries ◽  
Current Trends ◽  
The World

Nowadays modern economics is going through a lot of changes, that makes Ukrainian businessmen track its all current trends to support the necessary level of competitiveness on the world market. The purpose of the paper is to research the current trends of the global economy and identify its prospects. The study has brought the following results. The authors identified that among the most significant trends that determine the future of the global economy are the following: economic convergence, globalization, changes in the ranking of economic growth leaders in favor of Asian countries, the growth of cryptocurrency markets, constant growth of the global debt, changes in the demographic map in favor of African countries. China, which has been considered to be the major driver of global economic development for the last decade, will gradually lose its positions to India. The article points out that today we can observe a phenomenon of economic convergence, which approximates level of economic development of different countries through faster growth rates of gross domestic products in developing countries compared to developed countries. The main causes of economic convergence include globalization, which has contributed to the spread of know-how, decline in the working-age population in developed countries compared to the rest of the world, increase in labor productivity in developing countries, and redistribution of the labor force of these countries toward higher productivity sectors. The study identifies the prospects for modifying the economic map of the world based on the following factors: increase in the rate of development of Asian economies, population growth and urbanization of certain countries in Asia and Africa, slowdown in the economic development of developed countries and the aging of European nations. The article identifies that all of these trends take place in the framework of the fourth industrial revolution, which largely determines these changes, shaping the sectoral and geographical structure of the global economic development and employment.

Labor in Agriculture

2020 ◽  
pp. 7-15
Author(s):  
Philip Martin
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Labor Market ◽  
Farm Workers ◽  
Farm Families ◽  
Farm Production ◽  
The World ◽  
The Difference ◽  
The One ◽  
Work Done

This chapter explains the two major types of workers employed in agriculture—farmers and their (unpaid) family members, and hired workers. The incomes of farm families are the difference between what they receive for the commodities they sell and the costs of producing them, while the earnings of farm workers reflect the wages they earn per hour, day, or week. The average incomes of farm families are higher than for nonfarm families, while the earnings of farm workers are lower than for nonfarm workers. About 40 percent of the one billion people employed in agriculture around the world are hired workers, and they are generally on the bottom rungs of the labor market in both industrial and developing countries. The share of work done by hired workers rises with economic development as farm production concentrates on fewer and larger farms.

CLASSIFICATION OF DEVELOPING COUNTRIES INTO THE WORLD ECONOMY

2017 ◽  
pp. 107-117
Author(s):  
Iu. Khvatov
Keyword(s):  
Developing Countries ◽  
Developed Countries ◽  
Small Island ◽  
Least Developed Countries ◽  
Middle Income ◽  
Poor Countries ◽  
The World ◽  
Heavily Indebted Poor Countries ◽  
The Difference ◽  
The Right

The basic principles that guide the United Nations to allocate specific groups of countries requiring special attention from the international community to the problems of their sustainable development are described. The difference in the scale and structure of aid to the least developed countries; landlocked developing countries; small island developing countries and heavily indebted poor countries is analyzed. The specificity of the approach of the World Trade Organization to the definition of countries with preferential access to the markets and the countries with differential treatment regime is revealed. The criteria that guided the International Monetary Fund and the World Bank to identify those developing countries which have the right of access to preferential lending conditions are analyzed. It is proposed to divide all the developing countries on: high-income emerging economies; middle-income frontier economies and least developed countries.

Trade globalization, economic development and the importance of education-as-knowledge

2009 ◽  
Vol 46 (1) ◽  
pp. 45-61 ◽  
Author(s):  
Salvatore J. Babones
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Comparative Analysis ◽  
Survey Data ◽  
Returns To Education ◽  
Supply And Demand ◽  
Developed Countries ◽  
World Values Survey ◽  
Demand For Education ◽  
The Face

It is widely asserted that globalization puts a premium on knowledge, but in fact there is no empirical correlation across countries between globalization and returns to education. One reason for this discrepancy may be that education is not everywhere coequal with knowledge. In this article the overall contribution of education to income is modelled as the sum of the contributions of two components of education, education-as-knowledge and education-as-credential. Assuming that the former dominates in developed countries while the latter dominates in developing countries, it is possible to separate these two effects. In a broadly comparative analysis of returns to education in 80 countries using World Values Survey data, globalization is found to be positively associated with education in developed countries but negatively associated with education in developing countries, consistent with the model. These results are robust in the face of controls for the supply and demand for education.

scholarly journals Winners and Losers in the World Sugar Market due to Trade Liberalisation in the EU Sugar Sector

2006 ◽  
Author(s):  
Ellen Huan-Niemi ◽  
Leena Kerkelä
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Developed Countries ◽  
Trade Policies ◽  
Preferential Treatment ◽  
Tariff Rate Quotas ◽  
The Poor ◽  
The World ◽  
Sugar Market ◽  
The Eu

The ongoing trade negotiations, unilateral trade concessions and obligations under the World Trade Organization (WTO) are pushing the EU sugar regime to undertake reforms. These reforms will alter the positions of developing countries in the global sugar markets. Gradual changes within the tariff rate quotas in the EU sugar regime would have a very marginal impact on the flow of sugar exports to the EU and world sugar markets as well. The simulation results showed that the scheduled changes in tariff rate quotas and transition period are stalling the impacts of tariff liberalisation granted by the Everything But Arms (EBA) concession. Small concessions will not threaten the EU internal market, but total liberalisation of sugar imports from the least developed countries (LDCs) will be a major threat to the EU sugar regime. Conversely, the EU would gain from the liberalisation scenarios in welfare terms due to cheaper imports of sugar. The current regime limits sugar imports from all developing countries or some efficient producers, if the cost data is a right estimate of the potential supply response from developing countries. The supply responses, which strongly affect the outcomes, are dependent on both the nature of substitution for sugar as well as on the efficiency of sugar production in different countries. The LDCs would be the major winners under the EBA concession supported by the unchanged EU sugar regime, but if the current regime is entirely liberalised, much of the gains are diluted due to the deterioration in the terms of trade and a few efficient sugar producers would be the winners. The multi-region and multi-sector general equilibrium framework (GTAP model) is used for this analysis.The full liberalisation of the EU sugar regime and the abolition of the preferential treatment in the EU sugar regime would change the position of the countries as winners or losers. The assumptions on the production and export possibilities of the sugar producing countries and the homogenous nature of sugar would create more losers than winners. For some of the losers, the loss of sugar exports could seriously damage their fragile economy. Therefore, the abolition or loss of preferential treatment is an important issue and hotly debated around the world.Trade preferences have the potential of helping developing countries to promote self-sustained economic development and can substitute transfers in the form of direct financial assistance from developed countries to poor developing countries. The EU has maintained this development perspective by granting preferential access to the highly protected and subsidised EU sugar market with prices significantly above the world market prices. In the short run, any sudden changes in the EU regime and trade policies may cause severe problems for the poor currently employed in the export-oriented sugar industry of the developing countries. Compensation is needed for these affected people because of the adjustment costs due to the changes in trade policies. In the long run, the sustainable export performance and economic development based on the comparative advantage of the developing countries should be the final objective. Though, the livelihood of the poor must be protected against sudden changes in trade policies in the effort to achieve the Millennium Development Goals.

scholarly journals Population Growth and Economic Development in Developing and Developed Countries

2018 ◽  
Vol 7 (4.34) ◽  
pp. 123
Author(s):  
Mohd Khairul Amri Kamarudin ◽  
Noorjima Abd Wahab ◽  
Mahadzirah Mohamad ◽  
Ahmad Shakir Mohd Saudi ◽  
Mohamad Shaharudin Samsurijan ◽  
...  
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Population Growth ◽  
Free Market ◽  
Strong Relationship ◽  
Developed Countries ◽  
Free Market Economy ◽  
The World ◽  
Developing And Developed Countries

This research examines the effects of population growth on the economic development between the two developed and developing countries which is Singapore and Malaysia. They were many previous studies that have sought to gauge the effects or impact of population growth along the economic development. It was said that there was a strong relationship between the effects of population growth and the economic development, which is the growth of population is depending on the economic growth. Singapore was well known worldwide as a highly developed free-market economy. The economy of Singapore has been ranked as the most open in the world and the most-pro business. The population in the country is estimated at 5.5 million recently. As for Malaysia, it is known as the most competitive developing countries and is ranked on the 5th largest in South Asia. The population estimated at 31.63 million in Malaysia.  

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