Energy, Economic Growth, and Regionalism in the West.

1982 ◽  
Vol 97 (2) ◽  
pp. 333
Author(s):  
Robert D. Thomas ◽  
Lynton R. Hayes
Keyword(s):  
Economic Growth ◽  
The West

Governance and Corruption

2002 ◽  
Vol 19 (2) ◽  
pp. 1-33 ◽  
Author(s):  
Zafar Iqbal
Keyword(s):  
Economic Growth ◽  
Remedial Action ◽  
The West ◽  
Scientific Thought ◽  
Moral Virtues ◽  
Order Preference ◽  
Rational Understanding ◽  
Social Scientific ◽  
Character Building ◽  
The Individual

This paper compares the Islamic and the western social scien­tific perspectives on corruption. Jt is argued that the emerging shift in social scientific thought in viewing corruption from "grease that oils the economic wheel" to a "menace that under­mines economic growth" has brought rational understanding of the phenomenon much closer to [slamic doctrine. Where they differ is with respect to remedial action. The western approach focuses on governance and designing appropriate systems and institutions that gear information and incentives toward minimiz­ing opportunities and enticement for corruption. In short, it emphasizes constraints external to the individual. By comparison, Islam seeks to go beyond such constraints, and also instill in believers a clear "second-order" preference for non­corrupt behavior. lt recommends developing a firm belief in transcendent accountability, stresses character building through practicing moral virtues and shunning vices. In essence, much of the restraint comes from within through a moral renovation. rt is our contention that both emphases are important in eliminating corruption and that the followers oflslam and the West can learn from one another.

Silicon San Francisco and the West Bay Wall

2018 ◽  
pp. 150-185
Author(s):  
Alex Schafran
Keyword(s):  
Economic Growth ◽  
Twentieth Century ◽  
San Francisco ◽  
Silicon Valley ◽  
The West ◽  
The People ◽  
New Residents

Silicon Valley as we know it emerged in part from encounters between the technology of the valley and the Bohemian culture of San Francisco. This San Francisco–Silicon Valley nexus would produce one of the most dynamic economic growth stories any region has ever seen. Over the course of the latter part of the twentieth century, this encounter eventually turned both San Francisco and Silicon Valley into massive jobs engines. This chapter examines the spaces where this engine was most powerful, the places that drove the economic cart which attracted so many new residents and so much investment. These are also the places that largely did either very little or not enough to house the people who held these jobs. They did even less for those who had suffered under the segregated conditions of the earlier era.

Social Welfare Policy and an Income Subsidy Scheme

2017 ◽  
Author(s):  
Yue Chim Richard Wong
Keyword(s):  
Economic Growth ◽  
Income Inequality ◽  
Middle Class ◽  
Social Welfare ◽  
Poverty Alleviation ◽  
Welfare Policy ◽  
Income Redistribution ◽  
Social Welfare Policy ◽  
The West ◽  
Subsidy Scheme

When nearly a quarter of GDP is redistributed through a rag bag of measures, one should expect poverty to have been considerably alleviated in these societies, if not totally eliminated. But this has not been the case. Income inequality in the West has not improved and, in fact, has worsened in recent decades. Sociologists, economists, and political scientists agree that an underclass exists in Western societies. For decades, this was believed to affect mostly “minorities,” but recent evidence shows that many in the mainstream middle class are descending into the underclass. The ability of income redistribution in alleviating poverty has its limits. Poverty alleviation has to be tackled through another front – economic growth.

scholarly journals Economic growth related to mutually interdependent institutions and technology

2009 ◽  
Vol 5 (3) ◽  
pp. 259-288 ◽  
Author(s):  
RICHARD G. LIPSEY
Keyword(s):  
Economic Growth ◽  
Industrial Revolution ◽  
Technological Advance ◽  
Necessary Condition ◽  
Single Institution ◽  
The West ◽  
Steam Power ◽  
Sustained Growth ◽  
Medieval Universities ◽  
Industrial Revolutions

Abstract:This paper argues that technological advance is a necessary condition for sustained economic growth. Technologies and institutions co-evolve in a system of mutual causation. Although some institutions inhibit growth while others encourage it, no single institution is either necessary or sufficient to produce sustained growth. However, some non-unique bundle of encouraging institutions is necessary. Sustained growth began with the Industrial Revolutions that did not just ‘fall out of the blue’ but were instead the culmination of three trajectories of technological advance in steam power, electric power, and the mechanization of textile manufacturing. These stretched over several centuries. Growth then became sustained when the West ‘invented how to invent’. A necessary condition for the Industrial Revolutions was Western science whose roots lie as far back as the scholastic philosophers and the medieval universities. Its absence elsewhere is a sufficient reason why no other place developed its own indigenous industrial revolution.

scholarly journals Britain, industry and perceptions of China: Matthew Boulton, ‘useful knowledge’ and the Macartney Embassy to China 1792–94

2006 ◽  
Vol 1 (2) ◽  
pp. 269-288 ◽  
Author(s):  
Maxine Berg
Keyword(s):  
Economic Growth ◽  
Eighteenth Century ◽  
Interest Groups ◽  
Global History ◽  
The West ◽  
Useful Knowledge ◽  
British Industry ◽  
Skilled Personnel ◽  
British Embassy

Global history has debated the emergence of a divergence in economic growth between China and the West during the eighteenth century. The Macartney Embassy, 1792–94, the first British embassy to China, occurring as it did at the end of the eighteenth century, was an event which revealed changing perceptions of China and the Chinese by different British interest groups from government, trade, industry and enlightened opinion. Many histories of the embassy recount failures of diplomacy and cultural misconception, or divergent ideas of science. This article examines attitudes of British industry to the embassy through the part played in its preparations by the Birmingham industrialist, Matthew Boulton, and revealed in correspondence in the Matthew Boulton Papers. The article uncovers debate among different interest groups over the objects and skilled personnel to be taken on the embassy. Were the objects purveyors of trade or tribute, or of ‘useful knowledge’ and ‘industrial enlightenment’?

scholarly journals Why Ukraine and Russia Need Each Other

2016 ◽  
Vol 1 (2) ◽  
pp. 184-202
Author(s):  
Nicolai N. Petro
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Economic Development ◽  
The Political ◽  
The European Union ◽  
The West ◽  
Economic Strategy ◽  
Political Costs

The West’s focus on corruption in Ukraine is largely misplaced. The main impediment to stability and economic growth is the government’s suicidal choice to cut the country off from its main investor – Russia. This article looks at the economic and political costs of pursuing such a policy, and concludes that there is no alternative to Russian investment. Given the political and economic constraint imposed upon the European Union, the West and Russia need to work together to develop a comprehensive economic strategy that can promote Ukraine’s economic development.

PRE-MODERN ECONOMIC GROWTH: JAPAN AND THE WEST

1973 ◽  
Vol 60 (1) ◽  
pp. 127-160 ◽  
Author(s):  
Thomas C. Smith
Keyword(s):  
Economic Growth ◽  
The West ◽  
Modern Economic Growth ◽  
Modern Economic

scholarly journals Bank Excess Liquidity and Economic Growth in Waemu Countries: A Panel Data Approach

2018 ◽  
Vol 1 (2) ◽  
pp. 141
Author(s):  
PRAO Yao Seraphin
Keyword(s):  
Economic Growth ◽  
Panel Data ◽  
West African ◽  
Economic And Monetary Union ◽  
The West ◽  
Excess Liquidity ◽  
Bank Solvency ◽  
The Impact ◽  
Solvency Ratio ◽  
The Relationship

<p><em>This paper provides an empirical assessment of the relationship between banking, liquidity, investment, terms of trade, bank solvency ratio, financial development and economic growth in the WAEMU zone. The analysis focuses on 7 countries of the West African Economic and Monetary Union (WAEMU) and covers the period 1994-2015. Using the panel data approach, we show that economic growth is positively </em><em>related </em><em>with banking on liquidity. In addition, the results highlight the impact of bank liquidity on economic growth but mitigate when it is associated with the investment.</em></p>

Sign in / Sign up

Export Citation Format

Share Document