scholarly journals Provincial Competitiveness Index of Thai Nguyen Province, Vietnam

2021 ◽  
Vol 6 (4) ◽  
pp. 100-102
Author(s):  
Ma Thi Hang ◽  
Phung Tran My Hanh ◽  
Ma Thi Huyen Nga
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Job Creation ◽  
The Political ◽  
Competitiveness Index ◽  
Political Economic

Thai Nguyen province; is one of the political, economic, and educational centers of the Northern mountainous midland in developing countries like Vietnam. This paper examines the influencing of Thai Nguyen PCI index on explores and explains why provinces outperform others in private economic development, job creation and economic growth, thereby providing useful information. The results show Thai Nguyen PCI index is increasingly ranked high in the country and ranked first in the northern mountainous provinces in Vietnam.

Welchen Einfluss hat das Humankapital auf das Wirtschaftswachstum?

2012 ◽  
Vol 63 (1) ◽  
Author(s):  
Tristan Nguyen ◽  
Matthias Pfleiderer
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Human Resources ◽  
Empirical Research ◽  
School Education ◽  
Education Quality ◽  
The Political ◽  
Qualitative Factors ◽  
Political Economic ◽  
Quantity Of Education

SummaryIn the empirical research of economic growth, different kinds of measuring factors (quantitative and qualitative) are used for the measurement of human resources. In this essay, we deal with the question which influence on economic growth the quantitative and qualitative measuring factors of human resources have and whether possible correlations can be proved empirically. Furthermore, the political-economic question is analyzed whether the quantity of education should be increased or measures to improve the education quality should be used. We find out that also non-economic, qualitative factors make an important contribution to the improvement of school education and with that the country’s economic development.

Analysis of Major Problems Faced by Small Firms in North India

2015 ◽  
Vol 15 ◽  
pp. 150-160
Author(s):  
Davinder Singh ◽  
Jaimal Singh Khamba ◽  
Tarun Nanda
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Small Firms ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
North India ◽  
Small Enterprises ◽  
Employment Generation ◽  
Medium Enterprises

Micro, Small and Medium Enterprises (MSMEs) have been noted to play a significant role in promoting economic growth in less developed countries, developing and also in developed countries. Worldwide, the micro and small enterprises have been accepted as the engine of economic growth of any nation. Small and Medium Enterprises are the backbone of the economies, because it trigger employment, output, export, poverty alleviation, economic empowerment, economic development etc. in developed as well as in developing countries. It is more important to developing countries as the poverty and unemployment are burning problems. MSMEs have been playing a momentous role in overall economic development of a country like India where millions of people are unemployed or underemployed. Therefore, the growth of small sectors is essential for the growth in the GDP, employment generation, total manufacturing production and export. India, being one of the fastest growing economies of the world, needs to pay an honest attention for the utmost growth of MSMEs for its increased contribution in above areas.

scholarly journals The education skills trap in a dependent market economy. Romania’s case in the 2000s

2018 ◽  
Vol 51 (1) ◽  
pp. 49-61 ◽  
Author(s):  
Silvana Tarlea ◽  
Annette Freyberg-Inan
Keyword(s):  
Higher Education ◽  
Economic Development ◽  
Market Economy ◽  
The Political ◽  
Prospective Students ◽  
Key Features ◽  
Political Economic ◽  
Empirical Insight

We discuss the political economic development of Romania since 1989, with a focus on the evolution of higher education (HE). First, we place this evolution in the context of demand for HE by prospective students and employers, focusing on the low demand for skills in the MNC-dominated Romanian economy. Second, we provide empirical insight on indicators of quality, enrolment, and funding as key features of the HE system. We argue that Romania has evolved into a dependent market economy entrenched in a low-skills equilibrium, and that the weakness of the HE system is a key element in this process.

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.

scholarly journals Application of Multi-Criteria Decision-Making Model and GM (1,1) Theory for Evaluating Efficiency of FDI on Economic Growth: A Case Study in Developing Countries

2019 ◽  
Vol 11 (8) ◽  
pp. 2389 ◽  
Author(s):  
Wang ◽  
Le
Keyword(s):  
Economic Growth ◽  
Decision Making ◽  
Developing Countries ◽  
Economic Development ◽  
Exchange Rate ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Sustainable Economic Development ◽  
Sustainable Economic Growth

Foreign direct investment (FDI) and corporate social responsibility (CSR) spending are one of the major factors in improving sustainable economic development of a country. Therefore, this study focuses on the multi criteria application of FDI and sustainability factors (CSR spending) in various developing countries to explore its impact and decision making for sustainable economic growth. The study uses a case study methodology whereby FDI, exchange rate, and CSR expenditure data from 20 countries were used to assess the efficiency in sustainable economic growth. Data were collected from the World Bank for 20 Asian and African developing countries during 2012–2017 and analyzed using GM (1,1), mean absolute percentage error (MAPE), Malmquist productivity index (MPI)-data envelopment analysis (DEA), and the slacks-based measure of efficiency (SBM) model. Correlation analysis is used to find the relationship for FDI, CSR, exchange rate, gross domestic product (GDP), and GDP per capita (GDPPC). The results of the Malmquist productivity index and the frontier effect clearly highlight that a few countries have witnessed a great improvement in terms of productivity and technological progression. Therefore, the decision makers must adopt the model of those countries with respect to sustainable development of the nation. This study helps developing nations as well as researchers to benchmark efficient countries and follow their strategies to develop a new one for utilizing FDI and CSR spending in sustainable economic development. The study also helps policy makers in multi criterion application of FDI and CSR for decision making in economic development.

Re-Thinking the Role of Institutions in Neoliberalism From New Institutional Economics Perspective

2020 ◽  
pp. 25-40
Author(s):  
Ilke Civelekoglu ◽  
Basak Ozoral
Keyword(s):  
Economic Growth ◽  
Political Economy ◽  
Developing Countries ◽  
Property Rights ◽  
Institutional Economics ◽  
New Institutional Economics ◽  
The Political ◽  
Formal Institutions ◽  
Fertile Ground

In an attempt to discuss neoliberalism with a reference to new institutional economics, this chapter problematizes the role of formal institutions in the neoliberal age by focusing on a specific type of formal institution, namely property rights in developing countries. New institutional economics (NIE) argues that secure property rights are important as they guarantee investments and thus, promote economic growth. This chapter discusses why the protection of property rights is weak and ineffective in certain developing countries despite their endorsement of neoliberalism by shedding light on the link between the institutional structure of the state and neoliberalism in the developing world. With the political economy perspective, the chapter aims to build a bridge between NIE and political economy, and thereby providing fertile ground for the advancement of NIE.

scholarly journals A Correlative Analysis of Modern Logistics Industry to Developing Economy Using the VAR Model: A Case of Pakistan

2020 ◽  
Vol 2020 ◽  
pp. 1-10
Author(s):  
Salman Hanif ◽  
Dong Mu ◽  
Saranjam Baig ◽  
Khalid Mehmood Alam
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Developing Countries ◽  
Economic Development ◽  
Developing Economies ◽  
Series Data ◽  
Var Model ◽  
Modern Logistics ◽  
Logistics Industry ◽  
Sustainable Economic Development

The modern logistics industry has opened new strategic perspectives in establishing its interrelation with economic growth. In recent years, understanding such an overlap has become a policy issue considering ever-increasing factors and their influence on this relation. Most existing studies have explored this interaction from a general perspective, or for developed countries. This paper explores time-series analysis of the dynamic variables and their inter-related influence in both the short and long run on the relationship between modern logistic industry and economic growth—a more specific perspective, particularly for developing countries. Accordingly, we exemplify our analysis by employing the vector autoregression (VAR) model to the most updated time series data of investment in the logistics industry and the economic growth of Pakistan from 1990 to 2018. The empirical findings endorse the previous studies’ outcomes and recognize the importance of sustainable economic development concerning continuously improving the logistics industry. However, a unidirectional relation is observed that economic growth leads to developing the logistics industry—economic growth exerts a significant demand-pull effect on Pakistan’s logistics. It implies that logistic industrial development is comparatively quicker in the geographical areas where economic growth is higher than those areas where economic growth is low. To conclude this study’s findings, logistics industry reforms should prioritize the selected geographical areas in improving the economy that would lead to the modern logistics industry’s development. As the model adopts Pakistan’s context, the overall statistical analysis can be generalized to other developing economies. These results would be of particular interest to strategy makers working in developing countries and help them design and develop modern transportation and logistics, coupled with interlinked technological factors, which would attract investment in the logistics industry for sustainable economic development.

scholarly journals Mutual Effects of Land Distribution and Economic Development: Evidence from Asia, Africa, and Latin America

Land ◽  
2019 ◽  
Vol 8 (6) ◽  
pp. 96 ◽  
Author(s):  
Hossein Azadi ◽  
Eric Vanhaute
Keyword(s):  
Developing Countries ◽  
Human Capital ◽  
Economic Development ◽  
Latin America ◽  
The Political ◽  
Land Distribution ◽  
Land Inequality ◽  
Comparative Review ◽  
Different Dimensions

Land plays an important role in the economies of developing countries, and many theories connecting land inequality with different dimensions of economic development already exist. Even though efficacious land distribution allows societies to transition from poverty to a human capital-based developed economy, ongoing issues related to property rights, inequality, and the political economy of land distribution are unavoidable. The general objective of this paper is to explore the nexus between land distribution and economic development. The specific objectives are to: (i) identify which land distribution programs/activities contribute to economic development; (ii) investigate the role of stakeholders in land distribution programs that affect the growth of productivity; and (iii) assess the deficiencies of current land distribution policies in Asia, Africa, and Latin America to explore how economic development theories contribute to decreasing income inequality. This paper provides an overview of land distribution history and the main economic development theories. It also highlights the links between land distribution and the main elements of economic development. Finally, it provides a comparative review of the most recent empirical works regarding the characteristics, limitations, and potential (mutual) effects of land distribution and economic development settings on developing countries worldwide.

scholarly journals Informality and Development

2014 ◽  
Vol 28 (3) ◽  
pp. 109-126 ◽  
Author(s):  
Rafael La Porta ◽  
Andrei Shleifer
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Informal Sector ◽  
Economic Activity ◽  
Organizational Form ◽  
Formal Sector ◽  
Dual Models

In developing countries, informal firms account for up to half of economic activity. They provide livelihood for billions of people. Yet their role in economic development remains controversial with some viewing informality as pent-up potential and others viewing informality as a parasitic organizational form that hinders economic growth. In this paper, we assess these perspectives. We argue that the evidence is most consistent with dual models, in which informality arises out of poverty and the informal and formal sectors are very different. It seems that informal firms have low productivity and produce low-quality products; and, consequently, they do not pose a threat to the formal firms. Economic growth comes from the formal sector, that is, from firms run by educated entrepreneurs and exhibiting much higher levels of productivity. The expansion of the formal sector leads to the decline of the informal sector in relative and eventually absolute terms. A few informal firms convert to formality, but more generally they disappear because they cannot compete with the much more-productive formal firms.

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.

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