Slowdown of monetary inequality reduction in developing countries

2021 ◽  
Author(s):  
Jessica Bracco ◽  
Leonardo Gasparini ◽  
Luciana Galeano ◽  
Mariela Pistorio
Keyword(s):  
Developing Countries ◽  
Gini Coefficient ◽  
Developing Economies ◽  
Economic Inequality

This article documents the level and trends of monetary inequality in developing countries based on PovcalNet data, up to the year 2015. On average, during the first half of the 2010s, in inequality declined in developing economies, although it did so at a substantially lower rate as compared to the 2000s. The current average Gini coefficient is higher than that of the early 1980s, a fact illustrative of the complex obstacles societies face in their pursuit of reducing economic inequality.

scholarly journals BRIDGING ECONOMIC INEQUALITY GAP IN DEVELOPING COUNTRIES: A DIAGNOSIS OF OBSTACLES AND OPPORTUNITIES IN THE CONTEXT OF UGANDA

2020 ◽  
Vol 5 (1) ◽  
pp. 1-11
Author(s):  
Daniel Wandera Clief Naku
Keyword(s):  
Developing Countries ◽  
Literature Review ◽  
Gini Coefficient ◽  
Economic Inequality ◽  
The State ◽  
The Political ◽  
Unique Contribution ◽  
Political Will ◽  
Policy Makers ◽  
The Government

Purpose: Economists argue that a nation will never survive morally or economically when so few have so much, while so many have so little. In the context of Uganda where the level of economic inequality is high as revealed by the present gini coefficient of 0.42, the purpose of this paper was to explore obstacles making it difficult to bridge economic inequality in the country and the possible opportunities that could be capitalized on so as to bridge this gap. Methodology: The study employed an extended literature review to explore the state of economic inequality in Uganda, the obstacles to dealing with the problem of economic inequality and the possible opportunities for addressing economic inequality in Uganda Findings: Study findings show that economic inequality in Uganda is a chronically growing problem that will need more than just policies and regulations to deal with it. In this regard, political will and commitment by both the government of Uganda and its citizens are essential factors in this struggle. Unique contribution to theory, practice and policy: The paper recommends that the political will and commitment of the prevailing leadership and policy makers in Uganda will be vital in bridging economic inequality gap in the country.  

scholarly journals Innovative entrepreneurship in emerging and developing economies: the effects of entrepreneurial competancies and institutional voids

2021 ◽  
Author(s):  
Amirmahmood Amini Sedeh ◽  
Amir Pezeshkan ◽  
Rosa Caiazza
Keyword(s):  
Developing Countries ◽  
Developing Economies ◽  
Negative Impact ◽  
Institutional Voids ◽  
Developed Economies ◽  
Key Drivers ◽  
Innovation Barriers ◽  
Entrepreneurial Competencies ◽  
Emerging And Developing Countries ◽  
Different Levels

AbstractInnovative entrepreneurship is one of the key drivers of economic development particularly for less developed economies where the economic growth is at the forefront of policymakers’ agenda. Yet, the research on how various factors at different levels interact and bring about innovative entrepreneurship in emerging and developing countries remains relatively scarce. We address this issue by developing a multilevel framework that explains how entrepreneurial competencies attenuate the negative impact of innovation barriers. Our analysis on a sample of individuals from 24 economies, 17 developing and 7 emerging countries, reveals that entrepreneurial competencies become more instrumental for innovative entrepreneurship when general, supply-side, and demand-side innovation barriers are higher. The findings offer unique insights to policymakers particularly in developing countries interested in promoting innovative entrepreneurship and to entrepreneurs and investors seeking to establish and support innovative ventures.

Electricity Liberalisation in Developing Countries

2017 ◽  
Vol 17 (2) ◽  
pp. 99-115 ◽  
Author(s):  
David Hall ◽  
Tue Anh Nguyen
Keyword(s):  
Developing Countries ◽  
Developing Economies ◽  
Electricity Sector ◽  
Power Markets ◽  
The Public ◽  
Private Sector Investment ◽  
The World Bank ◽  
Generating Capacity ◽  
Global North ◽  
Extensive Growth

Liberalisation of the electricity sector by unbundling the networks from generation and creating power markets has been promoted to developing countries by the World Bank and others for nearly two decades, in order to stimulate private sector investment. The paper presents cross-country comparisons of progress with liberalisation in the largest developing economies along with investment indicators of generating capacity and access to electricity networks, showing extensive growth in investment regardless of the extent of liberalisation, predominantly by the public sector. The liberalisation model is now losing credibility even in the global north.

Automotive Industry in BRIC Countries

2014 ◽  
pp. 55-65
Author(s):  
S. Afanas'ev ◽  
V. Kondrat’ev
Keyword(s):  
Developing Countries ◽  
Automotive Industry ◽  
Developing Economies ◽  
Cost Effective ◽  
State Regulation ◽  
Bric Countries ◽  
Final Assembly ◽  
Catching Up ◽  
The Future ◽  
Assembly Operations

For the next decade, the future of the automotive industry lies in BRIC’ countries. Together, Brazil, Russia, India, and China will account for some 30 percent of world auto sales in 2014 while also offering significant opportunities for cost-effective R&D, sourcing, and manufacturing. The authors analyze the degree of localization of leading TNC and supplies in each BRIC country, for each function, compare localization across BRIC countries, assess the future development of these markets, compare local capabilities and resources, and identify particularly promising combinations of functions and countries. Key trends in developing countries include continuing liberalization and globalization, increased foreign investment and ownership, and the increasing importance of follow-source and follow-design forces. The article concerns the trends and factors of national automotive industry formation in BRIC countries. Special emphasis is made on localization of R&D activities, final assembly operations and components production by global automotive companies in BRIC countries. It systemizes the factors of investment opportunities of different developing markets. It is concluded that active state regulation is playing the principle role in localization and catching-up process in automotive industry in developing countries. The comparison of the automotive industry in BRIC countries allows shedding light on the economic processes of emergence at large. There is a stark contrast in the capacities of development of the sector in these countries. This contrast serves as an analyzer between the modes of sector opening and the paths of technological catching-up that is the core of the phenomenon of emergence. The analysis and best practices presented in the topic, while focusing on the BRIC countries, are applicable also to other rapidly developing economies.

scholarly journals Adaptation of Globalization and Their Effect to the Tanzania Economic Growth

2018 ◽  
Vol 13 (8) ◽  
pp. 217
Author(s):  
Japhet Jacksoni Katanga ◽  
Seleman Pharles
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
International Cooperation ◽  
Developing Economies ◽  
Economic Inequality ◽  
Developed Countries ◽  
Advance Technology ◽  
African Countries ◽  
The Social

Globalization can be defined as the process based on international cooperation strategies, the aims of globalization is to expanded the operation of a certain business or service to become into a worldwide level, Globalization facilitate the modern advance technology which help community to undergo the social, political and economic development. Globalization economic has reinforced the margination for African developing economies and make to be dependent for the few primary commodities or service whereby the price and demand are extreme determine by externally. On this outcome it lead some of the African countries to be turn into poverty or economic inequality due let their own resources being determine by developed countries. On these paper you will get a chance to oversee the effect of adaption globalization to Tanzania economic growth.

scholarly journals Renewable Energy Development as a Driver of Economic Growth: Evidence from Multivariate Panel Data Analysis

2019 ◽  
Vol 11 (8) ◽  
pp. 2418 ◽  
Author(s):  
Nadia Singh ◽  
Richard Nyuur ◽  
Ben Richmond
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Renewable Energy ◽  
Energy Production ◽  
Developing Economies ◽  
Panel Data Analysis ◽  
Least Square ◽  
Renewable Energy Production ◽  
The Future ◽  
The Impact

Renewable energy is being increasingly touted as the “fuel of the future,” which will help to reconcile the prerogatives of high economic growth and an economically friendly development trajectory. This paper seeks to examine relationships between renewable energy production and economic growth and the differential impact on both developed and developing economies. We employed the Fully Modified Ordinary Least Square (FMOLS) regression model to a sample of 20 developed and developing countries for the period 1995–2016. Our key empirical findings reveal that renewable energy production is associated with a positive and statistically significant impact on economic growth in both developed and developing countries for the period 1995–2016. Our results also show that the impact of renewable energy production on economic growth is higher in developing economies, as compared to developed economies. In developed countries, an increase in renewable energy production leads to a 0.07 per cent rise in output, compared to only 0.05 per cent rise in output for developing countries. These findings have important implications for policymakers and reveal that renewable energy production can offer an environmentally sustainable means of economic growth in the future.

Sufficientarianism and the Measurement of Inequality

2019 ◽  
Vol 6 (1) ◽  
pp. 147-173
Author(s):  
Rudolf Schuessler
Keyword(s):  
Gini Coefficient ◽  
Economic Inequality ◽  
Oecd Countries ◽  
Income Level ◽  
The Gini Coefficient ◽  
Theories Of Justice ◽  
Measurement Of Inequality

Abstract What impact should sufficientarianism have on the measurement of inequality? Like other theories of justice, sufficientarianism influences how economic inequality is conceived. For the purpose of measurement, its standards of justice can be approximated by income-based thresholds of sufficiency. At which income level could a threshold of having enough be pegged in OECD countries? What would it imply for standard indicators of inequality, such as decile comparisons of cumulated income, income spreads, or the Gini coefficient? This paper suggests some answers to these questions, showing that sufficientarian ideas could make a difference with respect to the measurement of inequality in a society.

scholarly journals Digital Service Taxes and Their Application

2021 ◽  
Author(s):  
Megersa Kelbesa
Keyword(s):  
Developing Countries ◽  
Economic Impact ◽  
Developing Economies ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Developed Countries ◽  
Evidence Base ◽  
Digital Economy ◽  
Economic Activities ◽  
Digital Service

Many developing economies have seen a rise in e-commerce activity within their borders, and a decline in income from traditional industries as a result of COVID-19, meaning the digital economy offers a potentially unexploited source of tax revenue. . As a result, more developing countries may soon begin adopting some sort of digital tax. The economic activities which may be subject to the Digital Services Tax (DST) may vary from country to country. It will, therefore, be necessary for businesses operating in multiple jurisdictions across developing countries to keep up with the changes in digital taxes. Before implementing a DST scheme, developing countries are advised to perform an in-depth cost-benefit analysis and due considerations. Some developing (and several developed) countries have already unilaterally implemented a “provisional” DST system. Other developing countries are on the process of implementing DST or have simply announced that they will implement a DST soon. Although most of the countries so far actively working on DST (are rich countries, a growing list of developing countries are joining the process. Some examples include the following: Malaysia, Indonesia, Kenya, Nigeria, Argentina and, Chile. It is important to mention that the literature on DST is very limited – although growing, and the evidence base around the economic impacts is particularly scarce. This is partly due to the quite recent nature of DST implementation. The evidence is even scarcer for developing countries – Due to these limitations, this rapid evidence review looks at different types of available literature – including reports and blogs issued by international financial institutions and development agencies. The rest of the report will give an overview of key proposed approaches to tax the digital economy, provide a very brief account of the economic impact of DST, provide a brief mapping of the implementation of digital service taxes in developing countries, provide a brief description of each DST system and about the economic impact of the DST, finally a brief account or attributes of a “good” DST system.

scholarly journals BARRIERS OF SMES’ SUSTAINABILITY IN SUB-SAHARAN AFRICA: A PLS-SEM APPROACH

2021 ◽  
Vol 9 (1) ◽  
pp. 10-24
Author(s):  
John Amoah ◽  
Abdul Bashiru Jibril ◽  
Bayuasi Nammei Luki ◽  
Michael Amponsah Odei ◽  
Charles Yawson
Keyword(s):  
Developing Countries ◽  
Developing Economies ◽  
Manufacturing Sector ◽  
Business Owners ◽  
Partial Least Square ◽  
Least Square ◽  
Sub Saharan Africa ◽  
Future Research ◽  
Global Business ◽  
Sub Saharan

Undoubtedly, entrepreneurial knowledge is a prerequisite for the survival of every business organization. To this, the contribution of Small and Medium Enterprises (SMEs) in the socio-economic development in most developing economies cannot be underestimated. Both developed and developing countries are living testimonies of their contributions to their nation’s growth and development. However, extant literature shows that as competition and innovation intensify in the global business market, many SMEs in developing countries are constrained by external forces that hinder the sustainability of these businesses.   Hence, this paper aims to find out the mitigating factors warranting SMEs’ sustainability from the viewpoint of entrepreneurs and business owners, particularly in the manufacturing sector of Ghana, a Sub-Saharan Africa region. To achieved this objective, the study deployed a simple random sampling technique with 370 valid responses through a structured questionnaire for the analysis. Relying on PLS-SEM (partial least square and structural modeling) with the aid of ADANCO 2.2.1 software version revealed that factors such as financial challenges, technology; market penetration & acceptability; and research & development are barriers facing SMEs sustainability in the Ghanaian manufacturing sector. This study would be beneficial to entrepreneurs and business owners of SMEs in most developing countries and provide deeper insight into the SME literature at large. This study would further strengthen SME entrepreneurs and business owners to fully devise strategies that can help them to override such migrating challenges and equipped them to effectively stay competitive in the long term for the firm’s growth and survival. The limitation and future research directions are equally presented in the paper.

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