Development and Poverty Reduction in South Asia—A Review Article

1982 ◽  
Vol 42 (1) ◽  
pp. 105-117
Author(s):  
Jyotirindra DasGupta
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
East Asia ◽  
South Asia ◽  
Poverty Reduction ◽  
Review Article ◽  
Striking Difference

The author reviews a number of books dealing with economic development in South Asia. He discusses the fact that, although there have been three decades of sophisticated approaches to economic growth in South Asia, mass poverty remains entrenched. He attempts to account for the striking difference between the economic growth of East Asia and that of South Asia.

Has the Internet increased FDI, economic growth, and trade? Evidence from Asian economies

2021 ◽  
pp. 026666692199974
Author(s):  
Zi Hui Yin ◽  
Chang Hwan Choi
Keyword(s):  
Economic Growth ◽  
East Asia ◽  
South Asia ◽  
Internet Use ◽  
The Internet ◽  
Economic Factors ◽  
Vector Autoregressive ◽  
Western Asia ◽  
Asian Economies ◽  
Transaction Efficiency

This study examines the causal relationship between the Internet and economic factors in Asian economies between 1997 and 2017. The economic factors consist of gross domestic product (GDP), foreign direct investment (FDI), imports, and exports. A comparative analysis of East, South, and Western Asia was conducted using a panel vector autoregressive model. The findings show bidirectional causality between FDI and Internet use in South Asia, unidirectional causality from Internet use to FDI in East Asia, and unidirectional causality from FDI to Internet use in Western Asia. Moreover, the findings indicate unidirectional causality from exports to Internet use in East Asia and unidirectional causality from Internet use to exports in South Asia, but no impact in Western Asia. Finally, the results show unidirectional causality from Internet use to GDP in Western Asia. As these results suggest that Internet use has boosted economic performance in Asia, policy makers in the region should improve Internet use with a focus on economic growth, improving transaction efficiency, and facilitating foreign investment.

How the Human Resource Practices of Chinese MNEs in Africa Create Economic Growth and Livelihood Options

2018 ◽  
pp. 85-109
Author(s):  
Sue Claire Berning ◽  
Judith Ambrosius
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Human Resource ◽  
Multinational Enterprises ◽  
Poverty Reduction ◽  
Developmental Effect ◽  
Livelihood Options ◽  
Chinese Mnes ◽  
The Relationship

The purpose of this paper is to critically analyze the economic development impact of multinational enterprises (MNEs) in developing countries. In particular, the relationship between MNEs' developmental effect on economic growth and poverty reduction and their use of human resource management (HRM) practices will be examined. The regional focus will be on Chinese MNEs in Africa. The paper is conceptual in nature by analyzing relevant key literatures, investigating cases of Chinese MNEs in Africa, and finally deriving a systematic conceptual framework.

Income Inequality and Economic Development

2010 ◽  
Author(s):  
Matthew McKeever
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Income Inequality ◽  
Poverty Reduction ◽  
Industrial Society ◽  
Considerable Debate ◽  
The Subject ◽  
The Rich ◽  
The Government ◽  
The Relationship

The nature of the relationship between economic development and income inequality has long been the subject of considerable debate. Economic growth has very different effects on poverty, depending on a country’s level of income inequality. In high inequality countries, economic growth that raises the overall level of income disproportionately tends to benefit the rich, whereas policies that encourage economic growth while reducing income inequality will greatly accelerate the achievement of poverty reduction goals. Thus, understanding how income inequality and economic development are linked is important for establishing economic growth policies that reduce poverty. The literature on the economic development–income inequality nexus in industrial society places emphasis on the causes of current social inequality. The central and most cited paper in the literature is S. Kuznets’s “Economic Growth and Income Inequality” (1955), which proposed an inverted U-shaped relationship between development and inequality over the course of industrialization. Some scholars have tried to build upon Kuznets’s theory by focusing on his claim that income inequality is a function of the nature of regulations put on the market. Other studies deal with the importance of studying the relationship between democracy and inequality, the effect of the nature of the government on shaping inequality compared to industrialization, and the implications of globalization for income inequality. This overview of the literature shows that there is little true consensus on the relationship between inequality and development and highlights two major areas for improvement: measurement and data quality.

Foreign Aid, FDI and Economic Growth in South-East Asia and South Asia

2020 ◽  
pp. 097215091989095
Author(s):  
D. Tripati Rao ◽  
Narayan Sethi ◽  
Devi Prasad Dash ◽  
Padmaja Bhujabal
Keyword(s):  
Economic Growth ◽  
Private Sector ◽  
East Asia ◽  
Foreign Aid ◽  
South Asia ◽  
Low Income ◽  
Trade Openness ◽  
Financial Assistance ◽  
South East Asia ◽  
Domestic Investment

We examine the interrelationship among foreign aid, foreign direct investment (FDI) and economic growth in South-East Asia (SEA) and South Asia (SA) during 1980–2016. The findings from alternative empirical estimations suggest that while foreign aid is negatively associated with FDI as well as growth, FDI positively influences growth. Further, governmental financial assistance to private sector for domestic investment turns out to be important in all empirical estimations insofar as positively associated with FDI flows as well as growth. We, therefore, infer that low-income SEA and SA economies should focus on channelizing governmental financial assistance to private sector for domestic investment, macroeconomic stabilization, trade openness, and efficient utilization of aid flows, in order to attract, absorb and reap the benefits of complementing FDI flows and sustaining higher economic growth.

Development of the Labour Surplus Economy (Review Article )

1965 ◽  
Vol 5 (2) ◽  
pp. 271-294
Author(s):  
Nurul Islam
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Growth Model ◽  
Recent Literature ◽  
Review Article ◽  
Development Review ◽  
Balanced Growth ◽  
Sector Model ◽  
Surplus Labour ◽  
Unlimited Supply

The concept of surplus labour has featured prominently in the recent literature on economic development of underdeveloped, overpopulated economies. W. A. Lewis in his two celebrated articles [1J attempted a precise formu¬lation of the concept of surplus labour and sought to analyse its implications for the strategy of economic development in the context of a two sector model of economic growth. Messrs. J. C. H. Fei and Gustav Ranis have undertaken in this book1 an elaborate extension of the two-sector growth model of W. A. Lewis. The major directions in which the authors have sought to extend or elaborate the model and the main results of their efforts in this respect are contained in their earlier article "Unlimited Supply of Labour and the Concept of Balanced Growth", published in the Pakistan Development Review, Winter 1961, Vol. 1, No. 3. The various sections of the article have now been expanded and elaborated into chapters of the book*.

INCOME EQUALITY IN A COURSE OF INDONESIAN DEVELOPMENT

2014 ◽  
Vol 59 (01) ◽  
pp. 1450006
Author(s):  
SUSUMU HONDAI
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Economic Development ◽  
Poverty Reduction ◽  
Time Series Data ◽  
Series Data ◽  
Income Equality ◽  
Left Behind ◽  
Long Run ◽  
Run Time

Indonesia has done remarkably well in the areas of both economic growth and poverty reduction. However, the economic situations differ significantly among Indonesian provinces. Some provinces have already developed well, while the rest have been left behind. The variation in the situations will generate a synthetic long-run time series data of economic development as a whole and enable us to find out when income equality starts to improve in a course of economic development.

Errata

1982 ◽  
Vol 41 (3) ◽  
pp. 646-646
Keyword(s):  
East Asia ◽  
South Asia ◽  
Religious Tradition ◽  
Review Article ◽  
The Body ◽  
New Delhi ◽  
Ancient India ◽  
American Experience ◽  
Revival Movements

We report with regret the following errors in the February 1982 (41, 2) issue.p. 307. The name of Doctor James C. Thomson, the first of the three authors of Sentimental Imperialists: The American Experience in East Asia, was mispelled. In the body of the review, the title of the book was incorrectly cited. It should have been Sentimental Imperialists.p. 387. The first sentence of the review of J. Moussaieff Masson's The Oceanic Feeling: The Origins of Religious Sentiment in Ancient India should read as follows: “This book is a collection of seven originally independent, yet closely connected, essays in which the concepts and methods of psychoanalysis are applied to the Indian religious tradition.”p. 396, lines 21–23, should read as follows: “This weakness, already manifest in his introduction to Religion in South Asia, a collection of essays on conversion and revival movements which the author edited and published in 1977 (New Delhi: Manohar), remains.”Professor Frits Staal requested that we publish the following rectification:In my review article “What is Happening in Classical Indology?” (JAS 41 [Feb. 1982]: 287), I erroneously suggested that Rocher's “adulterator” should be read as “adulterer.” “Adulterator” is correct for Sanskrit miśrakaḥ. Also, I misread one of the tables: adulterators are always reborn with extra limbs. It still pays to shop around in the Hindu canon, but it has to be done cautiously.

scholarly journals The Impact of Population, Labor, Unemployment, and Poverty on Economic Growth Regencies/Municipality in Sulawesi Tengah Province

2020 ◽  
Vol 18 (1) ◽  
pp. 62
Author(s):  
Muhammad Syahrul Mubarak ◽  
Nugroho SBM
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Regression Model ◽  
Poverty Reduction ◽  
Education Level ◽  
Good Education ◽  
The People ◽  
High Population Growth ◽  
Industrial Productivity ◽  
The Impact

High population growth could be a serious barrier to regional economic development. In general, if productivity in each sector of the economy is very low, there will be a high unemployment level in that society. The purpose of this study is to analyze the partial and simultaneous influences of population, labor, unemployment, and poverty on economic growth. The type of data used is panel statistic data from 11 regencies and municipality in Sulawesi Tengah province of Indonesia during the 2011-2019 period with 99 observations. The regression model with fixed effect approach was used to analyze the data panel. The results reveal that labor and unemployment do not significantly affect economic growth, whereas population and poverty significantly affect economic growth in positive and negative ways, respectively. The partial results of the test imply that the increase in population must be coherently supported by the specialization of the workforce through an increase in the length of school each individual. These implications can be realized through the construction of educational infrastructure. Poverty reduction can be implemented through the improvement of the education level of the people. It is expected that good education will generate more new experts to increase industrial productivity, which in turn will increase the output

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