scholarly journals The Importance of Clusters for the Development of New Industries

2021 ◽  
Author(s):  
Cristina Porumboiu
Keyword(s):  
Economic Development ◽  
Current Literature ◽  
World Economy ◽  
The World

This paper aims to present how new industries have emerged taking advantage of related businesses crowded in specific areas - first, through a review of the current literature on the evolution of industries within clusters; second, through a case study that disseminates the theoretical findings. Undoubtedly, as the findings of previous studies have shown, new industries are increasingly important to the world economy due to their technological power of modernization. Because their potential is as great as their uncertain outlook, it is no surprise that these new industries are growing within clusters, already confirmed in the literature as drivers of competitiveness and economic development.

Power and Globalization in Africa: Perceptions of Barriers to Fair Economic Development in Kenya

2021 ◽  
Vol 20 (1-2) ◽  
pp. 77-97
Author(s):  
John Bosco Ngendakurio
Keyword(s):  
Economic Development ◽  
World Order ◽  
Global Market ◽  
Language And Culture ◽  
Poor Countries ◽  
Face To Face ◽  
The World ◽  
The Rich ◽  
First World

Abstract This article seeks to reveal the primary barriers to fair economic development based on Kenyans’ perceptions of power and globalization. This search was initially sparked by the seeming disinterest of First World scholars to understand the reasons why poor countries benefit so little from the global market as reflected in a subsequent lack of a wide-ranging existing literature about the subject. The literature suggests that global capitalism is dominated by a powerful small elite, the so-called Transnational Capitalist Class (TCC), but how does this relate to Kenya and Africa in general? We know that the TCC has strong connections to financial capital and wealthy transnational corporations. It also pushes neo-liberalism, which becomes the taken-for-granted everyday language and culture that justifies state policies that result in a further class polarization between the rich and poor. Using Kenya as a case study, this article draws on original qualitative research involving face-to-face interviews with Kenyan residents in different sectors who spoke freely about what they perceive to be Kenya’s place in the world order. My interview results show that, on top of the general lack of economic power in the world order, the main barriers to Africa’s performance are neo-colonial and imperialist practices, poor technology, poor infrastructure, general governance issues, and purchasing power.

scholarly journals Classification of integration associations according to the degree of development of a single transport space

2019 ◽  
Vol 27 (2) ◽  
pp. 375-385
Author(s):  
Mikhail S Komov
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Growth Rates ◽  
World Economy ◽  
Transport Sector ◽  
Special Importance ◽  
The World ◽  
Definition Of ◽  
Negative Growth

In modern conditions of development of integration processes in the world economy, special importance is attached to the transport sector. The formation of a single transport space (STS) in the regions creates additional opportunities for the economic development of the integrating countries. At the same time, the literature does not pay enough attention to the definition of the essence of the single transport space and the classification of integration associations according to the degree of its development. Therefore, there is a need to develop such a classification. The article substantiates the expediency of classification of integration associations according to the degree of development of a single transport space. The author's formal-logical classification is developed, which is based on three basic types of a single transport space: transport and logistics type provide a positive multiplier of integrated economic growth for all participating countries; innovative-logistic and customs-logistic types cause polarization in the action of the multiplier of integrated economic growth (in particular, both positive and negative growth rates of GDP values of the participating countries are possible); industrial and logistics type provide a zero multiplier of integrated economic growth for all participating countries. The conclusion is made about the possibility of unification and harmonization of transport space in the practice of integration associations on the basis of the developed classification.

scholarly journals A dinâmica da integração internacional das economias e o Brasil: um exercício teórico

2018 ◽  
Vol 5 (1) ◽  
pp. 635
Author(s):  
Eiiti Sato
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
International Relations ◽  
World Economy ◽  
International Political Economy ◽  
Market Forces ◽  
State Institutions ◽  
Domestic Markets ◽  
The World ◽  
The Relationship

Since the exchange of goods, services, and capital became a worldwide system some nations have succeeded becoming wealthy and prosperous while many others have failed remaining in poverty. Over the last three decades the dynamism of the increasing integrated world economy became an essential part of the process of economic growth, and as a consequence growth has been meager in countries like Brazil whose authorities have remained systematically hesitant to integrate the domestic markets into the world economy, staying apart from the main flows of trade and capital. The article discusses also why economic development studies has moved from the field of Economy to the field of International Relations forming the area of International Political Economy studies which is mainly driven to understand the trends and changes in the relationship between the state institutions and the market forces in the national and international levels. The essay concludes that to any country the process of integrating into the world economy means exploring and improving national potentialities rather than abandoning national identity and interests. 

PROTECTION OF THE RIGHTS OF FOREIGN INVESTORS IN UZBEKISTAN: PROBLEMS AND WAYS OF THEIR SOLUTION

2021 ◽  
Vol 4 (1) ◽  
pp. 15-23
Author(s):  
Dilshod Xalimjonov ◽  
◽  
Akmal Abduvokhidov
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
World Economy ◽  
Significant Contribution ◽  
Theoretical Justification ◽  
Foreign Investors ◽  
Tangible Assets ◽  
The World ◽  
Socio Economic Development

Investments play an important role in the process of sustainable socio-economic development of any state. Investments-from tangible assets to mutual and human capital-are carried out in various ways, making a significant contribution to the growth of the efficiency of the investor-company. In the course of the development of globalization and integration processes in the world economy, the interest and its theoretical justification of the international movement of capital by scientists and economists is becoming increasingly widespread.

ANALYSIS AND PROSPECTS FOR IMPLEMENTATION OF THE INVESTMENT LIBERALIZATION REGIME IN THE WORLD ECONOMY

2021 ◽  
pp. 99-109
Author(s):  
Shokhrukh B. Akhmedov ◽  
◽  
Vladimir M. Kutovoi ◽  
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
World Economy ◽  
Trade Openness ◽  
Economic Policies ◽  
Foreign Companies ◽  
The World ◽  
Local Sources ◽  
Political Conditions ◽  
The Impact

The article assesses a significance of the most important component of the agreement on accession to the WTO, namely the agreement on trade-related investment measures (TRIMs), in increasing the attractiveness of developing countries to investors from abroad. In addition, traditional determinants of FDI placement, such as the macroeconomic stability, trade openness, and economic development, are considered. The authors carry out an analysis in the field of regulation of TRIMs by the example of economic policies in developing countries. The study shows that the extent to which TRIMs contributed to achieving the goals varied significantly, reflecting the specific economic and political conditions of the country using them. In some cases, they played a role in encouraging foreign companies to make more use of local sources or increase their exports from the host country. In other cases, the impact seemingly was negligible.

scholarly journals Priority directions of development “Uzbekneftegas” jsc in the conditions of globalization of the world economy

2019 ◽  
Vol 139 ◽  
pp. 01008
Author(s):  
G.Zh. Allaeva
Keyword(s):  
Economic Development ◽  
Energy Balance ◽  
Natural Gas ◽  
World Economy ◽  
Economic Globalization ◽  
Hydrocarbon Production ◽  
The World ◽  
The Face ◽  
The Republic

The article considers the role of “Uzbekneftegas” JSC in the economic development of the fuel and energy complex of the Republic in the face of increasing global economic globalization. The structure of the company, the priority areas for the development of JSC activities are shown. The perspective directions in hydrocarbon production are considered. The data on the production, use and distribution of natural gas by sectors of the economy of Uzbekistan are presented, and the structure of the energy balance of the Republic of Uzbekistan is shown.

SEARCHING FOR WORTMAN'S RURAL ECONOMIC DEVELOPMENT ZONES: A CASE STUDY OF THREE RURAL ELECTRIC COOPERATIVES

2006 ◽  
Vol 11 (03) ◽  
pp. 233-253 ◽  
Author(s):  
KIRK C. HERIOT ◽  
NOEL D. CAMPBELL
Keyword(s):  
Public Policy ◽  
Economic Development ◽  
Recent Work ◽  
Research Design ◽  
Current Literature ◽  
Case Method ◽  
Policy Makers ◽  
Rural Economic Development ◽  
Point Of Departure

This study uses Wortman's Rural Economic Development Zones (Wortman, 1990a) and more recent work by Lyons (2002) as a point of departure to demonstrate entrepreneurship development suited to rural locations. We describe the current literature and rural electric cooperatives. Using a case method research design (Yin, 1994), we demonstrate the efforts of three modern rural electric cooperatives in the area of entrepreneurial development. The study concludes with a discussion of the implications to public policy makers, electric cooperative executives and researchers in the field of entrepreneurship.

Sovereignty and Developing Countries: Current Status and Future Prospects at the WTO

2009 ◽  
Vol 22 (2) ◽  
pp. 395-409
Author(s):  
HANS MAHNCKE
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
World Trade Organization ◽  
World Trade ◽  
World Economy ◽  
Current Status ◽  
Future Prospects ◽  
The Past ◽  
The World ◽  
Global Powers

Globalization, as evidenced in increased trade, economic development, and the emergence of new global powers, has meant that the world economy has undergone significant changes over the past two decades. The World Trade Organization (WTO) is more than a potent representation of these developments, it is often seen, along with its predecessor, the General Agreement on Tariffs and Trade (GATT), as having enabled the process of globalization. However, there are profound concerns about what lies ahead in an increasingly complex economic and regulatory setting, in particular for developing countries (DCs).

scholarly journals Endogenous or exogenous innovative development in companies on regional level? Case study - lubuskie voivoidship

Management ◽  
2012 ◽  
Vol 16 (1) ◽  
pp. 86-100
Author(s):  
Arkadiusz Świadek ◽  
Joanna Wiśniewska
Keyword(s):  
Economic Development ◽  
Endogenous Growth ◽  
Developed Countries ◽  
Regional Level ◽  
Growth Theory ◽  
Innovative Development ◽  
Comparable Rate ◽  
Endogenous Growth Theory ◽  
The World

Endogenous or exogenous innovative development in companies on regional level? Case study - lubuskie voivoidship At the moment endogenous growth theory has become increasingly popular in the world of science, particularly in developed countries. This article aims to show, for lubuskie case, the needs and sense of applying this theory in the Polish regions. Due to the low level of economic development of many Polish regions, including Lubuskie, they are unable to growth in a comparable rate as regions in developed countries. This explains the economic divergence between polish regions and the highly developed regions of Europe and the World. Stimulating economic growth are insufficient in such cases, because of the weakness of the internal factors in regions. Therefore it is important to strengthen an external impulses to keep internal development. It means that the endogenous growth theory is no reason to exist, in conditions of poor Polish regions. Without external inputs there can't be convergences processes. Therefore, the economic development of the of Polish regions should be based on the exogenous growth theory.

Rostow's Kondratieff Cycle in Australia

1984 ◽  
Vol 44 (3) ◽  
pp. 729-753 ◽  
Author(s):  
David Pope
Keyword(s):  
Economic Development ◽  
World Economy ◽  
Raw Materials ◽  
Long Waves ◽  
Social Scientists ◽  
The World ◽  
Kondratieff Cycles ◽  
The Subject

The turn of economic events in the early 1970s correlates with a revival of ideas about the existence of long swings in economic development. The subject of Kondratieff cycles has attracted the pens of social scientists of very different persuasions. This paper draws on Walt W. Rostow's interpretation—with its emphasis on the role of exporters of food and raw materials in the world economy—to explore Australian long waves over the last 110 years. I conclude that the case for their existence is not confirmed and moreover that Rostow's cycle-mechanics offer a doubtful explication of movements in the Australian series.

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