scholarly journals MODERN CHALLENGES AND NEW OPPORTUNITIES FOR FISCAL ACTIVATION OF ECONOMIC GROWTH FACTORS

2021 ◽  
Author(s):  
Inna Lunina ◽  
◽  
Olena Bilousova ◽  
Nataliia Nazukova ◽  
◽  
...  
Keyword(s):  
Economic Growth ◽  
Public Investment ◽  
Economic Effects ◽  
Capital Investments ◽  
State Support ◽  
Role Of Government ◽  
Innovation Activities ◽  
Government Education ◽  
Business Entities

The article dwells upon the problematic issues of present development of Ukrainian economy and social sphere through the lenses of changes caused by the pandemic. Practical approaches to state support for business entities in certain EU countries to overcome the socio-economic effects of the pandemic were summarised. The priorities of government capital investments aimed at medium-term national economic development and the instruments of fiscal support for investment and innovation activities of enterprises are determined in the article. The role of government education financing is clarified and a conclusion on the prior role of budgetary financing of preschool and primary education for the formation of future factors of economic growth is made. The necessity of balancing resources for human capital formation between the budget, business sector and households is substantiated. Specific measures of state support for families with children are proposed, which will make it possible to activate educational driver of economic growth in the pandemic circumstances. Based on the results of the study, proposals were formed on the regulatory and legal support of fiscal measures aimed at enhancing economic growth, which cover the spheres of education, science and innovation, public investment, and the formation of financial resources of the state and enterprises.

scholarly journals Government Spending and Economic Growth in Cameroon

2018 ◽  
Vol 14 (28) ◽  
pp. 68
Author(s):  
Donald Djatcho Siefu ◽  
Martin Njocke ◽  
Neba Cletus Yah
Keyword(s):  
Economic Growth ◽  
Government Spending ◽  
Public Investment ◽  
Private Investment ◽  
Government Investment ◽  
Public And Private ◽  
Role Of Government ◽  
The Public ◽  
Investment Spending

Today, the role of government spending which is considered as the main instrument in the promotion of economic development is seen in the public investment budget (PIB). This study analyzes the role of the public investment spending in the economic growth of Cameroon. Specifically, it brings out the effect of Public and Private Investment on GDP growth in Cameroon. The role of the PIB as an instigator of economic growth should be clarified in order to justify government investment expenditure. Many studies have analysed the relationship between government spending and economic growth but the analysis of the composition of government spending and induced economic growth is an aspect of economic analysis which deserves more interest. This study analysis the effect of government investment spending on economic growth in Cameroon going from the components of the GDP5 and using VAR (Vector Auto Regressive) model. Our results show the intervals in which the various components of government spending have an effect on economic growth in Cameroon. We find that the lagged GDP and government investments have a positive effect on growth whereas private investments affect it negatively.

Assessing the size of agricultural holdings

2020 ◽  
pp. 105-116
Author(s):  
N. I. Shagaida
Keyword(s):  
Russian Federation ◽  
Vertical Integration ◽  
Total Revenue ◽  
Large Share ◽  
State Support ◽  
The Russian Federation ◽  
Agricultural Organizations ◽  
Business Entities ◽  
To Receive

The article clarifies the concept of “agricultural holding”, using an approach to assessing the size on the basis of the total revenue of all agricultural organizations within the agricultural holding. It has been revealed that only 100 of the total number of agricultural holdings that were identified can be attributed to large business entities. They comprise about 3% of agricultural organizations in the country, while their share in the proceeds is about 37%. A large share of agricultural holdings — large business subjects under the control of Russian entities operate in one, and under the control of foreign legal entities — in three or more regions of the Russian Federation. Vertical integration within the framework of large agricultural holdings with different schemes for including the stages of processing and sale of products produced in their agricultural organizations allows them to receive advantages. Strengthening the role of large business entities in agriculture puts on the agenda the issue of differentiating approaches to taxation and state support in agriculture, depending on the size of the companies’ agricultural businesses.

scholarly journals Public Investment in Education and Training in Vietnam

2018 ◽  
Vol 11 (7) ◽  
pp. 106
Author(s):  
Phung Van Hien
Keyword(s):  
Economic Growth ◽  
Empirical Analysis ◽  
Public Investment ◽  
Education And Training ◽  
Public Budget ◽  
Investment Structure ◽  
National Productivity ◽  
Intellectual Level ◽  
And Training

Public investment in education and training occupies an important proportion in Vietnam public budget, approximately 20%, equivalent to 5% GDP. Public investment in education and training has many positive benefits and impact on the economy and society by contributing to economic growth, by improving the national productivity, people’s qualification and intellectual level well as reducing unemployment, poverty in a country. On the basis of an empirical analysis in Vietnam, this paper propose several relevant recommendation for Vietnam government to improve the performance of public investment in education and training by making contribution to ensure suitable investment structure as well as uphold important role of education and training to the development of the economy and society.

scholarly journals Be Green to Be Innovative: The Role of Government Subsidies

2021 ◽  
Vol 9 ◽  
Author(s):  
Yingbo Xu ◽  
Wei Liu ◽  
Ruihui Pu ◽  
Yonghui Xu
Keyword(s):  
Environmental Protection ◽  
Industrial Firms ◽  
Role Of Government ◽  
Market Strategy ◽  
Institutional Legitimacy ◽  
Government Subsidies ◽  
Environmental Investment ◽  
Innovation Activities ◽  
Corporate Innovation

Corporate environmental investment has long been recognized as a non-market strategy that helps secure both economic and social benefits. However, we know much less about how environmental investment affects corporate innovation. We argue that investment in environmental protection is an important source of institutional legitimacy for firms to secure government resources, thus providing financial support for corporate innovation activities. Using a sample of Chinese industrial firms, we find that firms investing more in environmental protection can receive more government subsidies and then have better innovation performance. This study emphasizes the mechanism of government resources, which enriches our understanding of the effect of environmental investment on corporate innovation.

Toward a dynamic capability theory of economic growth

2019 ◽  
Vol 29 (4) ◽  
pp. 1047-1065 ◽  
Author(s):  
David Sainsbury
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Value Added ◽  
The United States ◽  
Dynamic Capability ◽  
Alexander Hamilton ◽  
Role Of Government ◽  
Windows Of Opportunity ◽  
The Uk

Abstract New theories of economic growth that are policy-relevant and connect with the histories of success and failure in economic development are urgently needed. This article compares the neoclassical (or market efficiency) school of thought with the production-capability school of thought which included Alexander Hamilton, Friedrich List, and Joseph Schumpeter. Many affirmative, industrial policy steps by governments to promote economic development have been historically recorded—including in the UK and the United States. Meanwhile the neoclassical school has ignored the role of government in helping to create competitive advantage. It has also chosen to ignore how firms are formed, how technologies are acquired, and how industries emerge. The dynamic capability theory of economic growth developed here assigns the central role in economic growth to firms but also an important role to governments. The rate at which a country’s economy grows depends critically on whether its firms can build the capabilities to generate and take advantage of “windows of opportunity” that exist for innovation and new markets, and whether over time they are able to enhance their capabilities to move into higher value-added activities.1

scholarly journals Formation of the Conceptual Basis of State Support for Development of Social Enterprises in Ukraine

2018 ◽  
Vol 7 (4.3) ◽  
pp. 419
Author(s):  
Olena Dikan ◽  
Hanna Obruch ◽  
Nataliia Panchenko ◽  
Natalia Frolova
Keyword(s):  
Social Entrepreneurship ◽  
The State ◽  
Economic Effects ◽  
Social Enterprises ◽  
Conceptual Basis ◽  
State Support ◽  
The Usa ◽  
Leading Position ◽  
Business Entities ◽  
Favorable Conditions

The article deals with the phenomenon of social entrepreneurship. The importance of social enterprises in solving social problems and ensuring economic development of the state are outlined. The ranking of countries is based on the level of favorable conditions for the functioning of social enterprises, among which the most favorable conditions are characterized by the USA. The peculiarities of the state policy in the sphere of social enterprise development in South Korea are investigated, which, according to this rating, occupies the leading position among the countries in terms of state support of social business entities. The present state of development of subjects of social entrepreneurship in Ukraine is considered, which allowed to determine the main problems of their functioning. The conceptual basis of state support for the development of social entrepreneurship in Ukraine is formed, which is based on the definition of legal, financial, institutional and informational and consulting tools for the growth of social enterprises. Socio-economic effects of realization of social initiatives are revealed. 

scholarly journals ANALISIS DAMPAK ANGGARAN PENDAPATAN DAN BELANJA DAERAH TERHADAP PERTUMBUHAN EKONOMI, KEMISKINAN DAN PENGANGGURAN DI SULAWESI UTARA

2019 ◽  
Vol 18 (3) ◽  
Author(s):  
Debby Ch. Rotinsulu ◽  
Avriano R. Tenda ◽  
Luciana M. Leonufina
Keyword(s):  
Economic Growth ◽  
Capital Expenditures ◽  
Regional Government ◽  
Government Budget ◽  
Role Of Government ◽  
Policy Makers ◽  
The North ◽  
North Sulawesi ◽  
Regional Budget

ANALISIS DAMPAK ANGGARAN PENDAPATAN DAN BELANJA DERAH TERHADAP PERTUMBUHAN EKONOMI, KEMISKINAN DAN PENGAGGURAN DI SULAWESI UTARA Debby Ch. Rotinsulu, Avriano R. Tenda, Luciana M. Leonufina Fakultas Ekonomi dan Bisnis, Ilmu Ekonomi Pembangunan Universitas Sam Ratulangi, Manado ABSTRAK Pertumbuhan ekonomi, angka kemiskinan serta pengangguran tentunya tidak lepas dari peran serta pemerintah sebagai pengambil kebijakan serta kuasa penggunaan anggaran untuk dapat merangsang perekonomian menuju ke arah yang lebih baik melalui Anggaran Pendapatan dan Belanja Daerah yang tentunya diharapkan akan mempercepat roda perekonomian. Dengan adanya  perputaran cepat roda perekonomian diharapkan akan membuka peluang ekonomi baru yang tentunya akan menarik tenaga kerja yang berdampak pada penurunan angka pengangguran dan meningkatkan taraf hidup masyarakat dan tidak lagi terpuruk pada jurang kemiskinan. Untuk itu dalam penelitian ini bertujuan untuk melihat seberapa pengaruh pemerintah melalui APBD nya dalam meningkatkan pertumbuhan , menekan angka pengangguran dan mengurangi kemiskinan di Kabupaten, Kota di wilayah Sulawesi Utara. Kata Kunci: APBD, Belanja Modal, Pertumbuhan Ekonomi, Kemiskinan, pengangguran ABSTRACT Economic growth, poverty and unemployment must not be separated from the role of government as policy makers and power use of the budget to stimulate the economy towards better through the Regional Budget which is certainly expected to accelerate the economy. With the quick turnaround of the economy is expected to open up new economic opportunities that will attract workers who have an impact on the growth of unemployment and improve people's lives and can no longer hit in poverty. Therefore in this study aims to see how the government's influence over its budget to boost growth, reduce unemployment and reduce poverty in the District, City in the North Sulawesi. Keywords: Regional Government Budget, Capital Expenditures, Economic Growth, Poverty, Unemployment

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