Рarliamentary Elections in India 2014: the New Political Realities

Author(s):  
V. Kashin ◽  
T. Shaumyan

Parliamentary elections in India were held from April 7 to May 12, 2014 and ended with a convincing victory of conservative Bharatiya Janata Party (BJP), leader of the National Democratic Alliance (NDA), and a crushing defeat for the Indian National Congress (INC) from the United Progressive Alliance (UPA) created in 2004. BJP won 282 seats in Parliament for the first time in 30 years which was sufficient for the formation of a single-party government, while Congress has only 44 seats – the lowest result for all years of the independence of Republic of India. The election results are natural and reflect the real balance of power in the political arena of the country at the moment. BJP victory was largely achieved thanks to the wide support its leader Narendra Modi received from the Indian electorate. The defeat of the Congress shows a deep and prolonged crisis in the party and the inability of the current representatives of the dynasty of Nehru-Gandhi to cope with it due to lack of political will and constructive ideas that meet the modern needs of the society. Numerous regional parties are still limited in scope, which narrows the chance of their political influence to the borders of one state and prevents the creation of a coalition that is ready to compete with the NDA and UPA. The key issue for Narendra Modi as Prime Minister will be the problem of development, economic growth and achievement of economic self-sufficiency – the slogan is highly attractive to the younger generation of voters. Being an explicit pragmatist, Modi is going to manage the country on the principle that if something does not serve the interests of India, especially the interests of economic growth, India would not do this. According to many experts, his government in the short and long term context will focus on such areas as agriculture, energy, law and order, administrative reform and international relations. Narendra Modi describes Russia as a "time-tested and reliable friend, who supported India in difficult periods of its history, and a major partner in building the foundations of India's defense capability." He intends to raise the Russian-Indian relations to a higher level and is looking for a meeting with V. Putin before the end of this year.

The demand for energy consumption requires efficient financial development in terms of bank credit. Therefore, this study examines the nexus between Financial Development, Economic Growth, Energy Prices and Energy Consumption in India, utilizing Vector Error Correction Model (VECM) technique to determine the nature of short and long term relationships from 2010 to 2019. The estimation of results indicates that a one percent increase in bank credits to private sector results in 0.10 percent increase in energy consumption and 0.28 percent increase in energy consumption responses to 1 percent increase in economic growth. It is also observed that the impact of energy price proxied by consumer price index is statistically significant with a negative sign indicating the consistency with the theory.


The Forum ◽  
2018 ◽  
Vol 16 (4) ◽  
pp. 569-590 ◽  
Author(s):  
Jennifer L. Lawless ◽  
Richard L. Fox

Abstract From the moment Donald Trump took the oath of office, women’s political engagement skyrocketed. This groundswell of activism almost immediately led to widespread reporting that Trump’s victory was inspiring a large new crop of female candidates across the country. We rely on a May 2017 national survey of “potential candidates” and the 2018 midterm election results to assess whether this “Trump Effect” materialized. Our analysis uncovers some evidence for it. Democrats – especially women – held very negative feelings toward Trump, and those feelings generated heightened political interest and activity during the 2018 election cycle. That activism, however, was not accompanied by a broad scale surge in women’s interest in running for office. In fact, the overall gender gap in political ambition today is quite similar to the gap we’ve uncovered throughout the last 20 years. Notably, though, about one quarter of the Democratic women who expressed interest in running for office first started thinking about it only after Trump was elected. That relatively small group of newly interested candidates was sufficient to result in a record number of Democratic women seeking and winning election to Congress. With no commensurate increase in Republican women’s political engagement or candidate emergence, however, prospects for gender parity in US political institutions remain bleak.


2021 ◽  
Vol 4 (7) ◽  
pp. 4-19
Author(s):  
Akmal Baltayevich Allakuliev ◽  

The article examines the interaction of the country's GDP with the state budget in the short and long term, the impact of the macro-fiscal mechanism on the country's economic growth on the example of Uzbekistan.The aim of the study is to identify dynamic correlations between the country's state budget expenditures and the economic growth of the macro-fiscal mechanism in the short and long term, as well as to analyze the approximation or rate of return of GDP and the state budget to equilibrium during various macroeconomic shocks. and hesitation.The scientific novelties of the research are:


2020 ◽  
Vol 3 (2) ◽  
pp. 345-354
Author(s):  
Devilia Sitorus ◽  
Crisanty Sutristyaningtyas Titik

This study aims to examine the relationship between capital flow liberalization and economic growth in ASEAN-5. This research is a quantitative study that uses data: GDP, Gross Capital Formation, financial disclosure seen from the Chinn-Ito index for the period 2000-2017 in 5 ASEAN countries namely Indonesia, Malaysia, the Philippines, Singapore, and Thailand. Data were processed using panel data regression analysis and specifically for Indonesia, Partial Adjustment Model (PAM) regression was performed. The results of this study indicate that financial openness seen from the Chinn-Ito index has a negative and significant influence on the economic growth of ASEAN-5 countries. Capital flows have a positive and significant impact on the economic growth of ASEAN-5 countries. Meanwhile, the PAM (Partial Adjustment Model) regression model shows that capital flows have a positive and significant influence on Indonesia's economic growth both in the short and long term, while financial openness has a negative and significant impact on Indonesia's economic growth both in the short and long term.


Author(s):  
Paul-Alfred Kouakou Kouakou

Purpose. This paper discusses the effect of natural rubber and palm oil exports on economic growth in Ivory Coast from 1980 to 2016 using World Bank data. Methodology / approach. The analysis involved the use of Augmented Dickey-Fuller (ADF) and Phillips-Perron (PP) unit root tests and the ARDL model. Results. This paper discusses the effect of natural rubber and palm oil exports on economic growth in Ivory Coast from 1980 to 2016 using World Bank data. The analysis involved the use of Augmented Dickey-Fuller (ADF) and Phillips-Perron (PP) unit root tests and the ARDL model. The results of the study show that there is a positive and non-significant relationship between natural rubber exports and short-term economic growth. On the other hand, in the long term, they have a positive and significant influence on economic development. However, in the short and long term, palm oil exports have a positive and significant impact on gross domestic product. Finally, labour, investment and market opening have a positive and significant effect on economic growth in the short and long term respectively. Therefore, the Ivorian government needs to promote good agricultural practices and agricultural financing in order to increase the competitiveness of the Hevea –Oil palm sector. Originality / scientific novelty. Previous studies in natural rubber and palm oil focused mainly on its production, constraints to production and processing. However, very few studies on its effects on economic growth have been done so far. This study fills that gap. It expanded the existing literature and the subject of the causal relationship between natural rubber and palm oil exports and economic growth in Ivory Coast and shed light on required efforts to enhance the production and utilization of natural rubber and palm oil at larger scale to bring economic development in Ivory Coast. At last, the ARDL model is used to address this issue. Practical value / implications. The generated information will be useful to a number of organizations including: research and development, marketers, producers, policy makers, government and non-governmental organizations to assess their activities and improve their mode of operations, to help better guide the design and implementation of policies and strategies. Finally, knowing the existing relationship between natural rubber and palm oil exports and economic growth, together with impediments faced by natural rubber and palm oil exports, the study provides the various ways to improve these exports by increasing exports capacity of local producers. Research on this issue is too important to inform policymakers regarding resource allocation in the natural rubber and palm oil sector to achieve economic growth.


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