scholarly journals Innovation and Export Competitiveness: Evidence from Georgia Firms

2017 ◽  
Vol 8 (1) ◽  
pp. 131 ◽  
Author(s):  
Davit Sikharulidze ◽  
Vasil Kikutadze

Innovation has long been considered an important factor for creating and maintaining the competitiveness of nations and firms. Consequently, we examine the effect of innovation on export intensity using the Enterprise Surveys from World Bank Group for Georgian firms. Results evolves that the introduction of innovations, and in particular product innovations, is an important driver of export intensity. This study is based on an analysis of research done among 360 firms from Georgia. Firms that intensively involved in the innovation process record the highest export intensity and the magnitude of the impact of innovation on export is sizeable.

2019 ◽  
Vol 10 (1) ◽  
pp. 119-124
Author(s):  
Olatunji Abdul Shobande ◽  
Kingsley Chinonso Mark

Abstract The quest for urgent solution to resolve the world liquidity problem has continued to generate enthusiastic debates among political economists, policy makers and the academia. The argument has focused on whether the World Bank Group was established to enhance the stability of international financial system or meant to enrich the developed nations. This study argues that the existing political interest of the World Bank Group in Africa may serve as lesson learned to other ambitious African Monetary Union.


1975 ◽  
Vol 1 (4) ◽  
pp. 515-522
Author(s):  
György Adam

The author argues that the so-called oil crisis may open out a new perspective on development aid to the Third World if the oil-producing countries, instead of allowing the giant Western banks and corporations to make a grab for their petro dollars (as the Western nations had so far made a grab for incredibly cheap oil energy), decide to pool the surplus oil revenues for self-help among the Third World countries. He suggests the setting up of an interregional Third World Bank, which, unlike the existing World Bank group (typecast as the instrument of the rich market economies), would be the instrument of the developing countries, thus breaking the monopoly of the West in international financing.


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