Investment as a region's economic growth key driver

2020 ◽  
Vol 18 (4) ◽  
pp. 753-764
Author(s):  
Sh.I. Sharipov ◽  
N.A. Abusalamova ◽  
B.Sh. Ibragimova
Keyword(s):  
Economic Growth ◽  
Literature Review ◽  
Analytical Methods ◽  
Regional Economy ◽  
Private Investment ◽  
Investment Activity ◽  
Key Driver ◽  
The Republic ◽  
Case Study Methods

Subject. This article discusses the issues related to investment as a factor in the region's economic growth. Objectives. The article aims to explore investment activities in the region, identify trends in economic growth, develop mechanisms to stimulate investment activity and modernize the regional economy. The Republic of Dagestan is considered as a case study. Methods. For the study, we used the abstract-logical, statistical, analytical methods, and a scholarly literature review. Results. The article proposes a set of reasonable measures to stimulate investment activities in the region and developed tools to involve the authorities in creating the necessary prerequisites for the inflow of private investment. Conclusions. Budget funds play a key role in the amount of investments in Dagestan's economy. Banking capital is practically not involved in the modernization of the region's economy.

Analyzing the regional tax policy: The Republic of Dagestan case study

2021 ◽  
Vol 27 (6) ◽  
pp. 1312-1333
Author(s):  
Zarina G. ABAKAROVA ◽  
Patimat G. ISAEVА
Keyword(s):  
Systems Analysis ◽  
Tax Policy ◽  
Positive Impact ◽  
Economic Life ◽  
Economic Relations ◽  
Advantages And Disadvantages ◽  
Policy Objectives ◽  
The Republic ◽  
Case Study Methods

Subject. We consider the economic relations that arise in the process of formation and implementation of the regional tax policy. Objectives. The purpose is to analyze the regional tax policy considering the Republic of Dagestan as a case study. Methods. The study employs methods of statistical, economic and mathematical, and systems analysis. Results. We propose measures that may be implemented in the system of tax policy of the Republic of Dagestan and contribute to its improvement in conditions of financial instability. Nevertheless, these proposals require further attention, a deeper level of design and development of testing scheme. They may also be used to study the tax policy of the region. Conclusions. The comprehensive analysis shows that the tax policy and other approaches to the regulation of the economic life of the country have advantages and disadvantages. It is obvious that the application of these tools may have a positive impact on the economy.

scholarly journals Forecasting the Economic Growth Limitations in the Northern Regions Based on the “Sustainability Windows” Assessment

2021 ◽  
pp. 45-63
Author(s):  
Pavel V. DRUZHININ ◽  
◽  
Galina T. SHKIPEROVA ◽  
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Environmental Pollution ◽  
Structural Changes ◽  
Regional Economy ◽  
Well Being ◽  
The Arctic ◽  
Northern Regions ◽  
The Republic ◽  
Using Data

In modern conditions, the issues of assessing the sustainability of regional development are of particular relevance. The complex problems of interrelation of economic growth, environmental pollution and population well-being require the development and use of new, simpler and more understandable ap-proaches for decision makers to assess, analyze, and predict sustainability at the regional level. The pur-pose of the article is to investigate the opportunities for sustainable development of the regions of the European North included in the Arctic zone, and to develop methods for forecasting their socio-environmental and economic development based on sustainability window assessment. The dynamics of changes in the relationship between environmental, social and economic indicators with the use of pollu-tion functions is analyzed. The main factors contributing to the reduction of environmental pollution and increase of the population's well-being are identified. It is shown that structural changes in the regional economy and environmental investments have the greatest effect. A methodology for calculating sustainability windows for the regional economy is presented. The possibility of using the method has been demonstrated using data from the Republic of Karelia. A scenario of sustainable development based on the restriction of economic growth for some regions and the requirements for the structure of the economy has been developed. The results obtained can be used as an informational and methodological basis for assessing and elaborating sustainable development policies in the Arctic regions.

scholarly journals The peculiarities of tourism development as a driver of economic development of the region

2020 ◽  
Vol 177 ◽  
pp. 05003
Author(s):  
Tamara Tsatkhlanova ◽  
Elzata Erdnieva ◽  
Bayrta Ubushaeva ◽  
Namina Burkutbaeva ◽  
Danara Erendzhenova
Keyword(s):  
Economic Growth ◽  
Regional Economy ◽  
Tourism Industry ◽  
Regional Level ◽  
Large Set ◽  
Tourism Sector ◽  
Multiplier Effect ◽  
The Republic ◽  
Sectoral Composition ◽  
Organization Of Production

This article is devoted to the disclosure of the essence and structure of the tourist complex as a specific type of socio-economic system at the regional level. The efficient and successful functioning of the economy of any territory as a single economic complex should be accompanied by the improvement of the organization of production structures and the rationalization of its sectoral composition. Thus, the improvement of the tourism sector occupies one of the most important places among a large set of interrelated issues in the development of the regional economy, which is due to the multiplier effect in the development of this industry. The authors analyzed the state, unique characteristics, level of potential and prospects of development of the tourism industry in order to identify the vector of social and economic growth of the region on the example of the Republic of Kalmykia.

scholarly journals Economic Growth and Investment Activity as Basic Elements and Indicators of Economic Security and Their Relationship with National and International Security

2018 ◽  
Vol 24 (2) ◽  
pp. 76-81
Author(s):  
Elitsa Petrova
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Economic Security ◽  
Gdp Per Capita ◽  
The European Union ◽  
Investment Activity ◽  
Per Capita ◽  
The Republic

Abstract The economic potential of a country is directly related to a policy of creating new jobs, increasing labour productivity, balancing energy and materials consumption, technological innovation, refurbishing the production base, and taking action to create an environment for attracting investment and stimulating domestic consumption, as well as increasing exports of goods and services. A key feature of the economic system, that determines its ability to maintain normal living and working conditions for the population, is to guarantee and protect the sustainable development of the economy and the realisation of national economic interests. This article is addressed to two main economic security indicators - economic growth and investment activity of the state. It presents a specific comparison of real GDP per capita and growth rate in the European Union, the Eurozone and the Republic of Bulgaria and GDP per capita in purchasing power standards in the European Union, the Eurozone and the Republic of Bulgaria. The flow of foreign direct investment by economic sectors in the Republic of Bulgaria is been considered, including annual data, foreign direct investment flows by countries and the international position of the Republic of Bulgaria in this process

scholarly journals INVESTMENTS IN THE REGION: PROBLEMS OF EVALUATION AND ATTRACTION

2020 ◽  
pp. 95-103
Author(s):  
Tatyana Bugaeva
Keyword(s):  
Economic Growth ◽  
Development Strategy ◽  
Investment Strategy ◽  
Economic Security ◽  
The State ◽  
Investment Policy ◽  
Capital Inflows ◽  
Economic Sectors ◽  
Investment Activity ◽  
The Republic

The need to create conditions for attracting capital, which is the basis of economic growth in modern conditions, is particularly important. The improvement of mechanisms for reinvesting capital in economic growth and development is directly related to the macroeconomic mechanism itself. At the same time, the state is both the main initiator of investment policy and an investor. In this regard, the direct availability of an effective investment strategy and its high-quality implementation can significantly increase investment attractiveness at the level of the state, as well as at the level of the region or any subject. The systematic and systematic nature of investment activity implies the existence of mechanisms for attracting and implementing investments that significantly increase their effectiveness. The most complete and effective implementation of the capabilities of any subject is possible only with a systematic strategic approach. The state of the investment climate of the Republic of Crimea is the basis for decision-making by investors, so one of the main tasks of the region is to create a favorable investment environment by implementing a long-term investment development strategy. By implementing an investment policy, the state and the regions, including Crimea, strive to achieve economic security, rationally deploy productive forces, strengthen their own industrial base as a whole, and structurally restructure the regional economy, thereby ensuring sufficient capital inflows for economic sectors and increasing their own competitiveness.

scholarly journals Perencanaan Integrasi Transportasi Antarmoda Dalam Pembangunan Bandar Udara (Studi Kasus: Pembangunan Bandar Udara di Kertajati)

WARTA ARDHIA ◽  
2017 ◽  
Vol 42 (2) ◽  
pp. 101
Author(s):  
Dedes Kusumawati
Keyword(s):  
Economic Growth ◽  
Comparative Analysis ◽  
Literature Review ◽  
Qualitative Method ◽  
Development Time ◽  
Intermodal Transportation ◽  
Airport Infrastructure ◽  
Integration Planning ◽  
Planning Concept

Bandar udara merupakan infrastruktur vital di suatu wilayah. Bandar udara akan meningkatkan pertumbuhan ekonomi, selain mendukung konektivitas antar wilayah. Perencanaan integrasi transportasi antarmoda menjadi hal yang perlu diperhatikan oleh perencana bandar udara sejak awal pembangunan bandar udara untuk mempercepat pengoperasian bandar udara serta menghindari adanya permasalahan di kemudian hari. Tujuan dari studi ini adalah untuk menginterpretasikan konsep perencanaan integrasi transportasi antarmoda yang dapat diimplementasikan di Indonesia khususnya infrastruktur bandar udara berdasarkan dari pengalaman negara lain. Studi ini menggunakan metode kualitatif yaitu tinjauan pustaka dan analisis perbandingan. Hasil dari studi ini adalah Indonesia dapat belajar dari kesuksesan negara lain seperti Jerman dalam perencanaan integrasi transportasi antarmoda di bandar udara berdasarkan beberapa aspek integrasi seperti organisasi, operasional, fisik, dan motif. Mewujudkan sistem transportasi yang berkesinambungan dari dan ke bandar udara akan menarik permintaan masyarakat yang lebih tinggi untuk menggunakan bandar udara di Kertajati. [Intermodal Transportation Integration Planning in Airport Development (Case Study: Airport Development in Kertajati)] An airport is the vital infrastructure in a region. Airport will increase the economic growth, besides supporting inter-regional connectivity. Intermodal transportation integration planning should be considered by airport planner since the beginning of airport development time in order to fasten airport operation and to avoid problems in the future. The purpose of this study is to interpret intermodal transportation integration planning concept that can be implemented in Indonesia spesifically for airport infrastructure regarding to the experiences from other country. This study uses qualitative method through literature review and comparative analysis. The result of this study is that Indonesia can learn from the successful of other country like Germany in intermodal transportation integration planning in airport based on some integration aspects like organizational, operational, physical, and motives. Realizing seamless transportation system from and to the aiport will attract the higher people demand for using airport in Kertajati.

scholarly journals The Circular Economy: An Exploratory Case Study from the Paper and Retail Industries

2021 ◽  
Vol 7 (4) ◽  
pp. 379-394
Author(s):  
Peter Jones ◽  
Daphne Comfort
Keyword(s):  
Economic Growth ◽  
Life Cycle ◽  
Literature Review ◽  
Circular Economy ◽  
Paper Industry ◽  
Business World ◽  
Entire Life ◽  
Entire Life Cycle ◽  
Exploratory Case Study

Recent decades have witnessed increasing interest in the concept of the circular economy within both the business world and political circles. The circular economy spans the entire life cycle of products from product design through production, marketing, and consumption, to waste management, recycling, and re-use, and enthusiasm for putting the concept into practice has been identified across different sectors of the economy. This exploratory case study reviews how some of the leading companies in the paper and retail industries, have publicly addressed the circular economy. The case study outlines the nature of the circular economy, provides a cameo literature review of published work on the circular economy, describes the approach adopted for the case study, reports the findings of the review of how the leading companies in the paper and retail industries have addressed the circular economy, and discusses some wider issues. Keywords: circular economy, case study, paper industry, retail industry, greenwash, economic growth

scholarly journals DO WORKERS’ REMITTANCES PROMOTE ECONOMIC GROWTH? A CASE STUDY OF PAKISTAN

2020 ◽  
Vol 6 (4) ◽  
Author(s):  
Sarmad Ellahi ◽  
Muhammad Omer
Keyword(s):  
Economic Growth ◽  
Low Income ◽  
Developing Economies ◽  
Investment Activity ◽  
Using Data ◽  
Donor Agencies ◽  
The Impact ◽  
Consumption Demand

This study investigates the role of workers’ remittances in promoting economicgrowth in Pakistan, using data from 1976-2017. Remittances are an important sourceof Sharia-compliant (mostly) FX inflows, which may contribute to the economicdevelopment of many Islamic and non-Islamic economies. Nonetheless, they aremore relevant to Islamic economies, as they could potentially reduce therequirements of interest-based FX financing from donor agencies and/or from globalcapital markets. The impact of workers’ remittances on the economic growth ofIslamic developing economies remains a little explored area. Our research, whichemploys a case study of Pakistan, is first in this direction. We used the GMMestimation procedure to obtain efficient estimates in the presence of endogeneity andsimultaneity bias. Our estimates show that an increase in remittance inflowspositively affects the economic growth of Pakistan. The increase in per capita GDPcould be primarily due to an increase in the consumption of low-income recipients. Itis likely that this consumption demand promotes investment activity; however, thestudy could not establish the impact of remittances on such activity.

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