scholarly journals The turning point in China’s economic development

Author(s):  
Ross Garnaut
Author(s):  
Matteo Cervellati ◽  
Uwe Sunde

This concluding chapter discusses this book's origins in the argument that the demographic transition is a key turning point for long-run development, not only in terms of a change in the regime of population dynamics toward low fertility and mortality, but also in the process of long-run economic development. The observed similarities in the transition process across space and time suggest that a better understanding of the reasons for such occurrences as the delay in the development of some countries might provide insights that are relevant beyond academic interest. The chapter argues that more interdisciplinary work between economists, demographers, and historians are needed to address the many facets that are covered only in passing, or not at all.


Author(s):  
Sarwat Rauf

Pakistan’s inclusion in Shanghai Cooperation Organization (SCO) is optimistically seen as a turning point in the changing geopolitical landscape of the Eurasian belt, as well as bringing new opportunities for Pakistan. This paper explores the prospects of economic development and political cooperation that Pakistan’s membership of SCO offers. The practice of multilateral diplomacy has helped in mitigating regional tensions and augmenting collaboration in the world history, therefore, the paper explores the possibilities of SCO as the best multilateral forum for Pakistan. Although SCO is perceived as an anti-Western alliance, its extended membership is building on the allies (old and new) of the US, particularly inclusion of India and Pakistan is challenging the stance. Moreover, SCO has shunned the notion of anti-Western outlook and the widespread perception to balance out the supremacy of US at the regional, as well as global level. Even so, SCO is catering all prerequisites of the collaboration of regional actors in Central and South Asia and furthering cooperation in the economic field. In this setting, the paper is divided into three parts. The first part deals with the analytical framework of new regionalism in South and Central Asia. The second part examines core factors that have led to the extension of the SCO. Finally, the paper evaluates the impact of the extension of the SCO on Pakistan. The study concludes that notwithstanding challenges, the SCO provides opportunities for economic development and political cooperation between states.


Res Publica ◽  
1981 ◽  
Vol 23 (4) ◽  
pp. 467-495
Author(s):  
Frank Delmartino

The political agreements concluded in the summer of 1981 between the main majority and opposition parties (the centrist UCD and the socialist PSOE) constitute a turning point in the development of Spanish regionalism. Whereas previously autonomy statutes were awarded to historic regions with strong social and cultural identities, we have now a situation where a considerable degree of self-government is also made possible for all other regions. This decision shifted the focus more to socio-economic development, thereby stimulating expectations of improvement based on regional political efforts as well as on national solidarity and state assistance. The recently adopted statute of Andalucia illustrates excellently this new orientation. In this contribution an analysis is made of the institutional instruments available for regional self-government. The conclusions are quite positive with regard to the devolution of powers provided in the constitution and the different statutes. Nevertheless Spain is not evolving into a federal state system. As a more appropriate description we prefer Perez Moreno's characterisation of the existing intergovernmental relations as «autonomias integradas».


10.12737/430 ◽  
2013 ◽  
Vol 1 (1) ◽  
pp. 4-9 ◽  
Author(s):  
Басовский ◽  
Leonid Basovskiy ◽  
Басовская ◽  
Elena Basovskaya

The transition of the Russian economy to grow in 1998 and studied the transition to slower growth in 2008–2009. Based on catastrophe theory shows that in 1998 and in 2008–2009 Russia’s economy was turning point in its development. After passing the turning point of 2008–2009 economy entered a period of sustainable growth retardation. Slower growth rates do not exceed the rate of growth of the world economy. The transition to slower growth generated by the policy, as reflected in federal law enacted in 2005–2011. Built econometric models, reflecting the negative impact of imperfect institution of ownership on the productivity of the economy and corporate profits, found arisen with institutional trap.


10.12737/686 ◽  
2013 ◽  
Vol 1 (3) ◽  
pp. 9-14 ◽  
Author(s):  
Басовский ◽  
Leonid Basovskiy

The concept «rotary point» of world economic development is entered. Turning Point reflects the phenomenon of transition from one type to another type of development of the world economy. Passing of a rotary point is a loss of stability of world economic system. Identification of turning points — is to identify anomalies dispersion indices reflecting the performance of the economy. The long-term periods between rotary points are characterized as «the accelerated growth», or as «the slowed-down growth. Research allowed to establish two rotary points of development of world economy. It is a point of the middle of the 1970th — the beginnings of the 1980th of 3 g and a point of 2007–2011. Econometric analysis shows that up to a turning point of the mid-1970s, early 1980s is a period of accelerated growth. The period after passing of this rotary point is the period of the slowed-down growth. Modeling Kondratieff Wave allowed to associate with the rapid growth of the ascending and slow growth — with the descending branch of the wave. At the invariable period of a cycle of Kondratiev in the next years it is possible to expect the accelerated growth of world economy.


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