scholarly journals Eliminating Dependence on Foreign Aid— Some Policy Implications

1975 ◽  
Vol 14 (4) ◽  
pp. 381-396 ◽  
Author(s):  
A. R. Kemal
Keyword(s):  
Developing Countries ◽  
Capita Income ◽  
National Income ◽  
Capital Inflow ◽  
Policy Implications ◽  
Per Capita Income ◽  
Time Period ◽  
Marginal Propensity ◽  
Per Capita ◽  
Almost All

The domestic resources of the developing countries are usually too limited even to permit a steady maintenance of their per capita income. In their attempt to improve the level of their per capita income, such countries resort to the strategy of increasing their growth rate by relying on foreign resources. In an economy, where population is growing at the rate of 3 percent per annum, and saving capacity is less than 10 percent of the G.N.P., the chances of increasing the per capita income are very low. Capital inflow allows an economy to grow at a higher rate. It is expected that an increasing proportion of increased income will be saved so that the economy would be self-reliant after some years. How¬ever, most of the aid to the developing countries is in the form of loans, often on very unfavourable terms, with the result that the debt servicing problem becomes quite serious. The huge burden of debt servicing makes it rather difficult for the developing countries to attain self-reliance. Since a continuous aid inflow means a surrender of national sovereignty to some extent, almost all the developing countries want to eliminate their dependence on aid as soon as possible. To achieve this objective, many developing countries set a time period after which the capital inflow would hopefully be zero. If a time limit is to be set, then we must know the policies that a government will have to follow in order to eliminate aid flows. In particular, we need to know the maximum allowance for consumption out of the increase in national income. Similarly, if there is a limit to the marginal propensity to save, we must determine the period over which a country can realistically hope to do away with the aid.

The Problem of Agricultural Taxation in West Pakistan and an Alternative Solution: A Comment (Notes & Comments)

1973 ◽  
Vol 12 (4) ◽  
pp. 433-437
Author(s):  
Sarfaraz Khan Qureshi
Keyword(s):  
Capita Income ◽  
Agricultural Sector ◽  
Central Government ◽  
Policy Implications ◽  
Farm Size ◽  
Per Capita Income ◽  
Tax Rate ◽  
Water Rate ◽  
Per Capita ◽  
The Government

In the Summer 1973 issue of the Pakistan Development Review, Mr. Mohammad Ghaffar Chaudhry [1] has dealt with two very important issues relating to the intersectoral tax equity and the intrasectoral tax equity within the agricultural sector in Pakistan. Using a simple criterion for vertical tax equity that implies that the tax rate rises with per capita income such that the ratio of revenue to income rises at the same percentage rate as per capita income, Mr. Chaudhry found that the agricultural sector is overtaxed in Pakistan. Mr. Chaudhry further found that the land tax is a regressive levy with respect to the farm size. Both findings, if valid, have important policy implications. In this note we argue that the validity of the findings on intersectoral tax equity depends on the treatment of water rate as tax rather than the price of a service provided by the Government and on the shifting assumptions regard¬ing the indirect taxes on imports and domestic production levied by the Central Government. The relevance of the findings on the intrasectoral tax burden would have been more obvious if the tax liability was related to income from land per capita.

A Successful Population Policy: Potentials and Constraints (Distinguishedl Lecture)

1993 ◽  
Vol 32 (4I) ◽  
pp. 411-431
Author(s):  
Hans-Rimbert Hemmer
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Population Growth ◽  
Capita Income ◽  
Population Policy ◽  
Mortality Rates ◽  
Per Capita Income ◽  
Access To Health Services ◽  
Industrial Countries ◽  
Per Capita

The current rapid population growth in many developing countries is the result of an historical process in the course of which mortality rates have fallen significantly but birthrates have remained constant or fallen only slightly. Whereas, in industrial countries, the drop in mortality rates, triggered by improvements in nutrition and progress in medicine and hygiene, was a reaction to economic development, which ensured that despite the concomitant growth in population no economic difficulties arose (the gross national product (GNP) grew faster than the population so that per capita income (PCI) continued to rise), the drop in mortality rates to be observed in developing countries over the last 60 years has been the result of exogenous influences: to a large degree the developing countries have imported the advances made in industrial countries in the fields of medicine and hygiene. Thus, the drop in mortality rates has not been the product of economic development; rather, it has occurred in isolation from it, thereby leading to a rise in population unaccompanied by economic growth. Growth in GNP has not kept pace with population growth: as a result, per capita income in many developing countries has stagnated or fallen. Mortality rates in developing countries are still higher than those in industrial countries, but the gap is closing appreciably. Ultimately, this gap is not due to differences in medical or hygienic know-how but to economic bottlenecks (e.g. malnutrition, access to health services)

scholarly journals Impact of foreign remittances on school enrolment and educational expenditures in district Peshawar, Pakistan

2021 ◽  
Vol 5 (2) ◽  
pp. 193-205
Author(s):  
Sajid Gul ◽  
Ali Zeb ◽  
Obaid Ullah ◽  
Guo Mingyan
Keyword(s):  
Capita Income ◽  
School Attendance ◽  
Simple Random Sampling ◽  
Primary Data ◽  
Per Capita Income ◽  
School Enrolment ◽  
Educational Expenditures ◽  
Point Increase ◽  
Marginal Propensity ◽  
Per Capita

This study aims to identify the effects of foreign remittances on school enrolment and the educational expenditures of children in the Peshawar district. Primary data were acquired by simple random sampling and a questionnaire. Correspondingly, the logit approach and Heckman selection theory were utilized to examine school enrolment and educational expenses. The marginal effects were evaluated to determine the co-efficient. The study's findings indicate that Per Capita Remittances (PCRM) have a highly substantial and beneficial effect on children's school attendance, with a (10.8%) point increase in school enrolment for every 100 rupees rises in Per Capita Remittances (PCRM). Suppose a household's Per Capita Income (PCIM) improves by one hundred rupees, the probability of children enrolling in school increases by (0.17). The results indicate that PCRM and educational costs per kid are significantly and positively correlated. Educational spending per child increases by 12.01 rupees for every 100 rupees rise in family remittances per capita, whereas every 100 rupees increase in per capita income increases educational expenditure per kid by (8.38 PKR). Which leads to an 8.38 % marginal propensity to spend on child education.

The Determinants of U.K. Investment Abroad, 1870–1913: The U.S. Case

1974 ◽  
Vol 34 (4) ◽  
pp. 980-1007 ◽  
Author(s):  
Michael Edelstein
Keyword(s):  
Economic History ◽  
Capita Income ◽  
National Income ◽  
Industrial Output ◽  
Per Capita Income ◽  
The World ◽  
Per Capita ◽  
Foreign Lending ◽  
The U.S

Perhaps because the world had never before or since seen such a large proportion of national income devoted to accumulating overseas assets, the processes of British accumulation in the period from 1870 to 1913 have long been given disproportionate attention in the study of modern British economic history. Calculations based on C. H. Feinstein's latest studies of U.K. income, expenditures and product suggest that roughly half of the nation's annual savings took the form of net foreign lending during these years, savings averaging slightly less than ten percent of net national income. Undoubtedly, interest in these matters has been further augmented by the intriguing problem of the United Kingdom's loss of world leadership in both industrial output and per capita income during these same years.

Dynamics, Characteristics and Prospects of Consumer Spending in Albania

2017 ◽  
Vol 7 (2) ◽  
pp. 81-91
Author(s):  
Alqi Naqellari ◽  
Eros Angjeli ◽  
Nexhmi Dumani
Keyword(s):  
Capita Income ◽  
National Income ◽  
Synthesis Methods ◽  
Per Capita Income ◽  
Light Industry ◽  
The World ◽  
Analysis And Synthesis ◽  
Alcoholic Drinks ◽  
Per Capita ◽  
Rates Of Growth

Abstract In this paper analyzes the problem of the dynamics of income and expenditure of households in Albania. Analyzing costs in general, spending on food in particular, both connected with a range of other indicators of welfare, with per capita income, expenses for the basket of goods, according to its elements and structure. Survey basket expenditure according to regions of Albania. Analyzed per capita income, expenses basket compared with countries in the region, Europe and the world. The goal is: to extract an accurate conclusion, the place at which ranks Albania in these indicators. What to do in the future, in order to emerge from this negative situation. The conclusions drawn from the analysis are: Albania ranks last places of the world, the indicator of per capita income and expenditure of households. Ranked in first countries in the region and in Europe for the indication of the percentage of expenditure on food and non-alcoholic drinks to the total cost of items in the basket. This situation has come as a result of lower rates of growth of its economy. It recommended changes in the structure of GDP in terms of growth of light industry and food industry extraction and processing, etc. By developing these branches will grow faster GDP and national income, and consequently will increase per capita income. Methods used are: methods of analysis and synthesis, methods of description and comparison, statistical methods etc.

Economic growth and energy consumption nexus in Pakistan

2013 ◽  
Vol 2 (2) ◽  
pp. 251-275 ◽  
Author(s):  
Waqas Ahmed ◽  
Khalid Zaman ◽  
Sadaf Taj ◽  
Rabiah Rustam ◽  
Muhammad Waseem ◽  
...  
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Capita Income ◽  
Energy Demand ◽  
Electricity Consumption ◽  
Policy Implications ◽  
Per Capita Income ◽  
Content Type ◽  
Per Capita ◽  
The Relationship

PurposeThis study aims to examine the relationship between electricity consumption per capita (ELEC) and real per capita income (Y), as the direction of causation of this relationship remains controversial in the existing literature. It also seeks to explore the relationship between energy consumption per capita (ENC) and real per capita income, over a 34‐year period (between 1975 and 2009).Design/methodology/approachThe study uses Johansen cointegration technique to determine the short‐ and long‐run relationship between the variables. The authors also utilize Granger causality test to determine the causal relationship between the selected variables.FindingsThe study provides evidence of bi‐directional causality between the electricity consumption per capita and real per capita income on one hand; and energy consumption per capita and real per capita income on the other hand as the direction of causality has significant policy implications.Research limitations/implicationsThis study does not include all dimensions of the energy growth, but is limited to the three variables which the authors consider to be critical to economic development, including energy consumption, electricity consumption and economic growth.Originality/valueThe study uses a sophisticated econometric technique with additional tests of forecasting framework to examine the effect of energy demand on economic growth over a period of the next ten years, i.e. 2010‐2019, in the context of Pakistan. The impulse response describes the reaction of the system as a function of independent variable that parameterizes the dynamic behavior of the system.

scholarly journals An Evaluation of the Performance of Government of Pakistan

2006 ◽  
Vol 45 (4II) ◽  
pp. 831-841
Author(s):  
Farooq Rasheed ◽  
Eatzaz Ahmad
Keyword(s):  
Growth Rate ◽  
Health Services ◽  
Social Welfare ◽  
Capita Income ◽  
Adam Smith ◽  
National Income ◽  
Political Regimes ◽  
Per Capita Income ◽  
Industrial Sectors ◽  
Per Capita

The use of social and economic indicators to evaluate and rank governments’ performance is often found in literature. The Anglo-Commonwealth and Scandinavian countries rest on the surveillance of work in the various ministries. This performance accounting approach thus becomes crucial for any regime to perform superlatively to their predecessors and thus it provides the basis to suggest why it is important to inspect governance of a government. Government’s efficacy also depends on the magnitude of the welfare that it is able to achieve. Debate on welfare is dated back to Adam Smith at-least. Now the question is what should be the welfare gauging indicators. We understand that, issues related to poverty, land utilisation, agriculture and industrial sectors, health services, education, growth rate of national income, per capita income, employment, etc. are important factors that can explain welfare status of a nation. Thus by developing an index based on performance in these areas, various political regimes can be evaluated and ranked. These evaluations and rankings set standards for future governments to improve. Thus these studies can be useful for developing and improving social welfare standards.

scholarly journals The effect of democracy on income: An analysis of countries affected by coups d’état

2020 ◽  
pp. 18-18
Author(s):  
Ozan Saray
Keyword(s):  
Capita Income ◽  
National Income ◽  
Per Capita Income ◽  
Panel Data Estimation ◽  
Definite Effect ◽  
Per Capita ◽  
The Impact ◽  
Coups D'etat ◽  
Data Estimation ◽  
Positive Effect

Although there is a considerable amount of study which examines the effect of democracy on national income, a limited number of papers analyses the effect of democracy on per capita income. The main objective of this research is to show the effect of democracy level on per capita income among new sample, 21 countries which share a similar coup d??tat experience in their political history, to fulfil the gap in the literature. The countries selected are from different continents and are those most affected by coups. The impact of two different democracy indicators (Freedom House and Polity IV) on the per capita income of the countries in the period 2000-2014 is analysed. The results of the panel data estimation show that, an increase in democracy level has a positive effect on per capita income for both democracy indicators. As expected, the effect of the investment, secularism and education variables on income is positive, whereas the effect of population growth rate is negative. And trade has no definite effect on per capita income.

scholarly journals Clusters in the Spread of the COVID-19 Pandemic: Evidence From the G20 Countries

2021 ◽  
Vol 8 ◽  
Author(s):  
Tian Meng
Keyword(s):  
Empirical Analysis ◽  
Capita Income ◽  
Policy Implications ◽  
Per Capita Income ◽  
Club Convergence ◽  
Daily Data ◽  
Per Capita ◽  
The Empirical Analysis

This study tests the validity of the club convergence clustering hypothesis in the G20 countries using four measures of the spread of the COVID-19 pandemic: total number of confirmed cases per million people, new cases per million people, total deaths per million people, and new deaths per million people. The empirical analysis is based on the daily data from March 1, 2020, to October 10, 2020. The results indicate three clusters for the per capita income, two clusters for total cases per million people, and new cases per million people. Besides, there are only one and two clusters for total deaths per million people and new deaths per million people. Potential policy implications are also discussed in detail.

Measurement of Structural Change in the Pakistan Economy: A Review of the National Income Estimates 1949/50 to 1963/64

1966 ◽  
Vol 6 (2) ◽  
pp. 163-208
Author(s):  
Taufiq M. Khan ◽  
Asbjorn Bergan
Keyword(s):  
Capita Income ◽  
Ad Hoc ◽  
National Income ◽  
Per Capita Income ◽  
British India ◽  
History Of ◽  
Per Capita ◽  
The Government ◽  
Net National Product ◽  
The Masses

A number of national income estimates are available for pre-Partition India. Many of these estimates, especially those pertaining to the last quarter of the 19th and the early 20th centuries, had their origin in political controversy. The estimators were mainly concerned with proving or refuting the idea that the per capita income was very low and that the government had failed to improve the economic conditions of the masses[6]. The earlier estimates were based on scanty data but as time passed, the basic statistics as well as the methods of income estima¬tion improved. The studies of national income of British India, undertaken by Dr. V.K.R.V. Rao, were exhaustive and comprehensive and still serve as a useful reference for all those who are interested in the history of national income estimation in India [14]. Because of the general lack of economic data in India, Dr. Rao conducted a number of ad hoc enquiries in different parts of India to fill in the existing gaps in data. The various estimates of per capita income in India before Partition are shown in Appendix Table A-I. These estimates are at current prices. Because of differences in concepts and methodology, these estimates are not entirely comparable and are to be regarded as rough approximations of per capita net national product at factor cost.

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