Economic Growth in Theory and Practice.

1991 ◽  
Vol 101 (407) ◽  
pp. 999
Author(s):  
Andrew Tylecote ◽  
R. M. Sundrum
Keyword(s):  
Economic Growth ◽  
Theory And Practice

scholarly journals East Asian ‘Econophoria’ in Theory and Practice

2016 ◽  
Vol 17 (1) ◽  
pp. 101-120
Author(s):  
Brendan Howe
Keyword(s):  
Economic Growth ◽  
East Asia ◽  
Wealth Distribution ◽  
East Asian ◽  
Theory And Practice ◽  
Operating Environment ◽  
Economic Growth And Development ◽  
Success Stories ◽  
Governance Challenges ◽  
Low Tension

‘Econophoria’ is the hope that the solution of all governance challenges, whether international or domestic, can be sought through economic growth and development. It is prevalent in the East Asian region, where tremendous economic development success stories have gone hand-in-hand with lengthy periods without interstate war. This paper explores the theoretical underpinnings and antecedents for econophoria, and how it has manifest in practice in East Asia. It also raises, however, a number of questions which challenge the underlying assumptions of peace though trade and economic growth paradigms in East Asia. How does the skewed wealth distribution that is associated with macro-economic growth affect the internal stability and peace of the societies in East Asia? Does this have an impact on the propensity of the governments to contain the conflicts they have with their neighbours at a level of low tension? Is the pursuit of economic growth prior to, or at the expense of, human rights and the wellbeing of the most vulnerable sustainable in the contemporary international operating environment?

Law and Development Today: The New Developmentalism

2009 ◽  
Vol 10 (9) ◽  
pp. 1257-1273 ◽  
Author(s):  
F. Charles Sherman
Keyword(s):  
Economic Growth ◽  
International Development ◽  
Emerging Economies ◽  
Theory And Practice ◽  
Law Reform ◽  
Law And Development ◽  
Developmental States ◽  
Core Elements ◽  
New Challenges ◽  
External Actors

The purpose of this essay is to consider the significance of new developmentalism for the field of law and development. New developmentalism refers to a theory and practice of development economics, which appears to have entered mainstream development thinking. Its core elements also seem to have been a factor in the dynamic economic growth that has occurred in a number of emerging economies. This trend is significant for the field of law and development because: (a) conventional economic development orthodoxies are seen to have shaped previous law and development movements; (b) these models and their corresponding law reform projects were arguably inadequately adapted to existing domestic circumstances; and (c) new developmentalism represents a departure from conventional development orthodoxies, as it necessitates both learning and adapting to local settings. Yet such a system also creates new challenges for law reformers and policymakers within the international development community (not to mention domestic reformers), and it remains unclear (if not doubtful) that new developmental states can be engineered by external actors and institutions.

Theory and Practice of International Development Assistance in Third World Countries: Background for the 1980's

1981 ◽  
Vol 37 (4) ◽  
pp. 566-582 ◽  
Author(s):  
Seleshi Sisaye
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
International Development ◽  
Third World ◽  
Development Assistance ◽  
The United States ◽  
Development Aid ◽  
Theory And Practice ◽  
Development Objective

Since the beginnings of development assistance to Third World countries during the post-World War II period, there have been some philosophical changes in the theory and practice of development aid programmes. Western development aid ( i.e., of the United States and West European countries), can be classified into two main conceptual types. These include economic growth as development objective and economic growth with an increased quality of life as development objective. The first two decades of development assistance 1950–1970 focused on economic growth objectives with increased production. The period, 1970–1980 concentrated on redistributive measures to improve the quality of life of the rural poor, the provision of basic needs, creation of employment opportunities, and the implementation of policy measures to reduce relative inequality and absolute poverty. The main purpose of this article is to discuss the changes in the theory and practice of Western aid programmes in Third World countries from 1945–1979. We will look into the underlying international causes that contributed to these changes. We will also review the evolution of aid to Third World countries for the last thirty years by examing the economic, political and social background for the changes in development assistance from urban to rural development programmes and from an emphasis in increasing production to that of redistribution with growth. These problems are discussed in the hight of their relevance for policy-onented rescoorch in Third World Comtnes.

scholarly journals Sustainability is the Main Driver of Economic Growth

2020 ◽  
Vol 6 (8) ◽  
pp. 157-164
Author(s):  
Sh. Zainutdinov ◽  
U. Madrakhimov
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Production Efficiency ◽  
Theory And Practice ◽  
Stability Conditions ◽  
Main Task ◽  
Economic Stability ◽  
Balanced Development ◽  
Main Driver

In a market economy, ensuring the sustainability of economic growth is the main task of the state. For without this, economic development cannot be achieved. This article discusses the theory and practice of sustainable development, factors that ensure economic stability, conditions and circumstances of economic growth, the place and role of GDP, balanced development of the economy, increasing labor productivity, production efficiency, etc.

Place-Based Subnational Development

2020 ◽  
pp. 2081-2100
Author(s):  
Nick Gray ◽  
Lee Pugalis
Keyword(s):  
Economic Growth ◽  
Theory And Practice ◽  
Development Theory ◽  
Spatial Equity

This chapter offers a critical theoretically informed and policy-relevant exploration of some of the most prevalent conceptual strands informing place-based development scholarship, discourse, and practice. In doing so, it examines the emphasis on co-operation, open governance, and the assumption that all places have the potential to grow and prosper. Further, it analyzes normative dispositions – namely that place-based modes of subnational development could represent a viable and progressive approach which reconciles pervasive tensions between economic growth and spatial equity. In the process, the chapter identifies four key conceptual strands that characterize place-based development theory and practice.

Regression Analysis

2018 ◽  
pp. 170-205
Author(s):  
Quan Li
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Statistical Model ◽  
Regression Model ◽  
Ordinary Least Squares ◽  
Theory And Practice ◽  
Model Fit ◽  
Theoretical Argument ◽  
Markov Theorem ◽  
The Relationship

This chapter teaches how to use R to conduct regression analysis to answer the question: Does trade promote economic growth? It demonstrates how to specify a statistical model from a theoretical argument, prepare data, estimate and interpret the statistical model, and use the estimated results to make inferences and answer the question of interest. More specifically, it discusses the logic of regression analysis, the relationship between population and sample regression models, how to estimate a regression model in theory and practice, the estimation of sample regression model using OLS (ordinary least squares), the interpretation of estimation results, the statistical inference in regression analysis using hypothesis testing and confidence interval, the types of sum of squares and overall model fit, and how to report the model results. The validity of regression analysis is contingent upon the assumptions of the Gauss-Markov theorem being met.

scholarly journals Educating Higher Education Students for Innovative Economies: What International Data Tell Us

2014 ◽  
Vol 1 (1) ◽  
pp. 223 ◽  
Author(s):  
Francesco Avvisati ◽  
Gwenaël Jacotin ◽  
Stéphan Vincent-Lancrin
Keyword(s):  
Higher Education ◽  
Economic Growth ◽  
Tertiary Education ◽  
Theory And Practice ◽  
University Education ◽  
Education Students ◽  
Curriculum And Pedagogy ◽  
Weak Points ◽  
International Data

As innovation increasingly fuels economic growth, higher education institutions and systems face the challenge of equipping students with the skills required by innovative economies. Using two international surveys of tertiary education graduates five years after their graduation, we show that the innovative, tertiary-educated workforce comprises a mix of graduates holding degrees from all disciplines. The contribution to innovation of different graduates varies by type of innovation. When they assess the strong and weak points of their university education, graduates give a mixed picture of the quality of the education they have received. We then link the propensity to participate in innovation to the relative emphasis on theory and practice in university programmes and conclude by highlighting the importance of a competence-based approach to curriculum and pedagogy

A Critical Reflection on ICTs and ‘Development’

2017 ◽  
Author(s):  
Tim Unwin
Keyword(s):  
Economic Growth ◽  
Critical Theory ◽  
Critical Reflection ◽  
Theory And Practice ◽  
Rapid Expansion ◽  
Jürgen Habermas ◽  
Jurgen Habermas ◽  
Practice Knowledge ◽  
Effective Development ◽  
The Relationship

This chapter explores the relationships between ICTs and ‘development’, drawing in particular on the Critical Theory of Jürgen Habermas, and highlighting the relationship between theory and practice, knowledge constitutive interests, and empowerment. It suggests that there are many different definitions of ‘development’, and that the hegemonic focus on ‘economic growth’ has inevitably led to greater inequality. This has been exacerbated by the rapid expansion of ICTs, which have widely been interpreted as being positive for development. There is, though, increasing recognition that whilst ICTs can indeed contribute to economic growth, they have also led to increasing inequality between those who have access to the latest technologies, and those who only have access to older ICTs or none at all. The book argues that there needs to be a refocusing on the interests of the poorest and most marginalized if ICTs are to be seen as contributing to effective development.

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