scholarly journals DARPA: the Differentiator

2020 ◽  
Author(s):  
Shaoshan Liu
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Productivity Growth ◽  
Research Projects ◽  
The Core ◽  
The Past ◽  
The World ◽  
American Hegemony ◽  
Venture Capital Firms ◽  
The U.S

today the U.S. is facing many internal and external challenges. Internally, productivity growth rate has slowed down significantly in the past 15 years; externally, rising powers, such as China and Russia, are challenging American hegemony. In this article we argue that the Defense Advanced Research Projects Agency (DARPA) is the differentiator that enables the U.S. prevail against these challenges. In the past 60 years DARPA has been the core engine for the development of breakthrough technologies. We examine how DARPA has continuously delivered breakthrough technologies to drive economic growth, and the impacts of DARPA technologies on the U.S. economy. Also, by comparing DARPA’s performance against some of the world’s leading technology venture capital firms, and other DARPA-like agencies around the world, we conclude that DARPA is the differentiator that guarantees American hegemony in this era.

Forming Sources of Long-run Growth: How to Understand Them?

2014 ◽  
pp. 4-20 ◽  
Author(s):  
G. Idrisov ◽  
S. Sinelnikov-Murylev
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Economic Policy ◽  
Business Cycle ◽  
Capital Markets ◽  
Productivity Growth ◽  
Government Spending ◽  
Long Run ◽  
Accelerate Growth ◽  
Budget Institutions

The paper analyzes the inconsequence and problems of Russian economic policy to accelerate economic growth. The authors consider three components of growth rate (potential, Russian business cycle and world business cycle components) and conclude that in order to pursue an effective economic policy to accelerate growth, it has to be addressed to the potential (long-run) growth component. The main ingredients of this policy are government spending restructuring and budget institutions reform, labor and capital markets reforms, productivity growth.

scholarly journals Structural changes and economic growth in the world economy and Russia

2019 ◽  
Vol 5 (1) ◽  
pp. 1-26 ◽  
Author(s):  
Valeriy V. Mironov ◽  
Liudmila D. Konovalova
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Global Economy ◽  
World Economy ◽  
Structural Changes ◽  
Russian Economy ◽  
The World ◽  
Preliminary Version ◽  
The One ◽  
Relationship Of

The article considers the problem of the relationship of structural changes and economic growth in the global economy and Russia in the framework of different methodological approaches. At the same time, the paper provides the analysis of complementarity of economic policy types, which, on the one hand, are aimed at developing the fundamentals of GDP growth (institutions, human capital and macroeconomic stabilization), and on the other hand, at initiating growth (with stable fundamentals) with the help of structural policy measures. In the study of structural changes in the global economy, new forms of policies of this kind have been revealed, in particular aimed at identifying sectors — drivers of economic growth based on a portfolio approach. In a given paper a preliminary version of the model of the Russian economy is provided, using a multisector version of the Thirlwall’s Law. Besides, the authors highlight a number of target parameters of indicators of competitiveness of the sectors of the Russian economy that allow us to expect its growth rate to accelerate above the exogenously given growth rate of the world economy.

scholarly journals Contemporary understanding of the spiritual message of the Kosovo myth

2019 ◽  
pp. 313-325
Author(s):  
Borislav Grozdic ◽  
Valerija Dabetic
Keyword(s):  
Collective Identity ◽  
Historical Consciousness ◽  
Value System ◽  
National Integration ◽  
Common Value ◽  
The Core ◽  
The Past ◽  
Spiritual Community ◽  
The World ◽  
Definition Of

In the aggressive dominance of critical rational thinking over the mythical worldview, myth as a historical and effective force does not lose its actuality and importance, because myths often hide deeper messages than what history can offer. In such a social context, the significance of the spiritual message of the Kosovo myth - the commitment to the Heavenly Kingdom, as a lasting common value of the Serbian people, returns as a theme. In spite of its omnipresence, the opinion prevails that the myth belongs to the past, and if it is not yet obsolete, it certainly should be. The authors advocate the idea that myth, as a comprehensive experience of the world, and therefore the Kosovo myth as well, is a factor of national integration, a part of collective identity, and a common value system. Analysing the secular and spiritual understanding of the Kosovo myth, the authors point out the importance of the vivid memory of the prince Lazar?s commitment to the Heavenly Kingdom. For Christians, this represents the value and goal above all others and it forms the core of the Serbian historical consciousness and spiritual community. The paper shows that the spiritual message of the Kosovo myth is not understood or it is misunderstood nowadays, since the commitment to Kosovo is perceived as a call and an obligation to die for it. The authors conclude that the Kosovo myth is not a call to die in the war, on the contrary, it is a struggle for external and internal freedom, as well as for the highest values that are implied by the definition of the Heavenly Kingdom ? peace, love, honour, justice, dignity, and others.

scholarly journals The great Chinese transformation: cynicism and the future of the world (article two)

2020 ◽  
Vol 2020 (3) ◽  
pp. 5-23
Author(s):  
Grzegorz W. Kolodko ◽  
Keyword(s):  
United States ◽  
Economic Growth ◽  
The United States ◽  
Chinese Economy ◽  
The Past ◽  
Chinese Characteristics ◽  
The World ◽  
The Future ◽  
The Right ◽  
Supranational Level

The huge leap made by the Chinese economy over the past four decades as a result of market reforms and openness to the world is causing fear in some and anxiety in others. Questions arise as to whether China’s economic success is solid and whether economic growth will be followed by political expansion. China makes extensive use of globalization and is therefore interested in continuing it. At the same time, China wants to give it new features and specific Chinese characteristics. This is met with reluctance by the current global hegemon, the United States, all the more so as there are fears that China may promote its original political and economic system, "cynicism", abroad. However, the world is still big enough to accommodate us all. Potentially, not necessarily. For this to happen, we need the right policies, which in the future must also include better coordination at the supranational level.

scholarly journals Prospects for Vietnam’s Economy in 2013

2013 ◽  
Vol 215 ◽  
pp. 02-11
Author(s):  
NGÂN TRẦN HOÀNG
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
World Economy ◽  
Inflation Rate ◽  
Economic Restructuring ◽  
Short Term ◽  
Economic Growth Model ◽  
The World ◽  
Global Growth

In 2012, Vietnam?s economy faced great challenges. The world economy experienced more difficulties and complicated upheavals. International trade fell drastically while global growth rate was lower than predicted target, which affected badly the Vietnamese economy because of its full integration into the world economy and large openness. In this context, principal targets set for 2013 are macroeconomic stability, lower inflation rate, higher growth rate, three strategic breakthroughs associated with restructuring of the economy, and a new economic growth model. This paper analyzes obstacles to Vietnam?s economic growth, and offers short-term solutions to bottlenecks and long-term ones to the economic restructuring.

Is Entrepreneurship Education Key to All Entrepreneurial Initiatives?

2021 ◽  
pp. 45-63
Author(s):  
Joana Costa
Keyword(s):  
Economic Growth ◽  
Entrepreneurship Education ◽  
Individual Characteristics ◽  
Entrepreneurial Activity ◽  
The Core ◽  
Knowledge Based ◽  
The World ◽  
Employment Generation ◽  
Different Cultures

Entrepreneurship is a worldwide reality. Since the beginning of times and all around the world people have created businesses. Entrepreneurial orientation, from a macroeconomic perspective, allows income and employment generation, thus boosting growth. At the microeconomic level, it is a competition booster playing a central role in a globalized market. In this entrepreneurial ecosystem in which knowledge-based activity is the core booster of employment, economic growth, and competitiveness, universities and, in particular, entrepreneurial universities play either the role of knowledge production and dissemination. The present work aims to understand the role of education (formal and entrepreneurship) on entrepreneurial activity combined with heterogeneous individual characteristics and different cultures and geographies. Specifically, the study identifies substitution and complementary effects among both types of education according to individual taxonomies.

scholarly journals Productivity Growth and Machinery Investment: A Long-Run Look, 1870–1980

1992 ◽  
Vol 52 (2) ◽  
pp. 307-324 ◽  
Author(s):  
J. Bradford De Long
Keyword(s):  
Economic Growth ◽  
Productivity Growth ◽  
Rapid Growth ◽  
History Of Technology ◽  
High Rate ◽  
Past Century ◽  
The Past ◽  
Long Run ◽  
History Of ◽  
Good Proxy

Over the past century in six major economies, economic growth has been strongly associated with machinery investment, as is the case for a larger group of nations since 1950. Both macroeconomic patterns and narratives of the history of technology suggest that this association is causal—that a high rate of machinery investment appears to be a necessary prerequisite for rapid long-run growth—and points away from possibilities that rapid growth is the cause of high machinery investment or that a high rate of machinery investment is a good proxy for other factors that are important causes of growth.

scholarly journals Examining the Long-Haul Relationship between Primary Education and Economic Growth: Evidence from Three Populous Nations

2015 ◽  
Vol 4 (1) ◽  
pp. 1
Author(s):  
Rachna Tewari ◽  
Joey Mehlhorn ◽  
Scott D. Parrott
Keyword(s):  
Economic Growth ◽  
Primary School ◽  
Primary Education ◽  
Statistical Significance ◽  
Social Systems ◽  
School Enrollment ◽  
Least Square ◽  
Female Population ◽  
The World ◽  
The U.S

<p>The prominence of early education as a significant source of economic growth has long been an intriguing topic among economists. The purpose of this study was to examine the relationship between primary education and GDP as a measure of economic growth in China, India, and the U.S, the top three populous nations in the world, and to investigate for plausible reasons leading to the differences observed among the mentioned countries of study. Data derived from the Education Statistics of the World Bank from 1970-2012 were subject to the ordinary least square (OLS) estimation procedure, to obtain regression coefficients as a measure of influence of the study variables on economic growth. Results revealed that for all the three study countries characterized by high populations, an increase in the number of students enrolled in primary education positively impacted economic growth. Mortality rate, primary school graduation age population (female), population aged 0 to 14 as percentage of total population, and primary school enrollment ratio showed significant negative impacts on GDP. Marked differences were revealed for individual country regressions regarding the influence of the study variables on economic growth. Gender related differences in primary education graduating population can be attributed to varied differences in the cultural and social systems among the study countries. Both male and female primary education graduation age population showed no statistical significance on economic growth in the U.S, while for China and India the effects on economic growth were significant with clearly outlined gender related differences in primary education graduation age population. This study builds ground for further research on how the accumulation of human capital through education in these countries will impact the geographical concentration of global economic power in the future.</p>

scholarly journals Institutions for getting out of the way

2015 ◽  
Vol 12 (1) ◽  
pp. 53-61 ◽  
Author(s):  
RICHARD N. LANGLOIS
Keyword(s):  
Economic Growth ◽  
Commercial Activity ◽  
Proximate Cause ◽  
The Past ◽  
The World ◽  
The Relationship ◽  
The Way ◽  
Deirdre Mccloskey

AbstractIn ‘Max U versus Humanomics: a Critique of Neoinstitutionalism’, Deirdre McCloskey tells us that culture matters – maybe more than do institutions – in explaining the Great Enrichment that some parts of the world have enjoyed over the past 200 years. But it is entrepreneurship, not culture or institutions, that is the proximate cause of economic growth. Entrepreneurship is not a hothouse flower that blooms only in a culture supportive of commercial activity; it is more like kudzu, which grows invasively unless it is cut back by culture and institutions. McCloskey needs to tell us more about the structure of the relationship among culture, institutions, and entrepreneurship, and thus to continue the grand project begun by Schumpeter.

Ushering in the Millennium, Or How an American City Reversed the Past and Single-Handedly Inaugurated the End-Time

Prospects ◽  
1997 ◽  
Vol 22 ◽  
pp. 35-67
Author(s):  
Paul E. Chevedden
Keyword(s):  
United States ◽  
Federal Government ◽  
The United States ◽  
American City ◽  
Turn Of The Millennium ◽  
The Past ◽  
Major Significance ◽  
The World ◽  
To Come ◽  
The U.S

The story of millennialism extends down the ages from the ancient Near East to the present. In his seminal study on the origins of millennialism,Cosmos, Chaos and the World to Come: The Ancient Roots of Apocalyptic Faith, Norman Cohn exclaims, “What a story it has become!”Much theological speculation; innumerable millenarian movements, including those now flourishing so vigorously in the United States; even the appeal once exercised by Marxist-Leninist ideology – all this belongs to it. Nor is there any reason to think that the story is nearing its end. The tradition whose origins are studied in this book is still alive and potent. Who can tell what fantasies, religious or secular, it may generate in the unforseeable future?What fantasies, indeed!All scholars who have studied millennialism have investigated unsuccessful movements, or movements that have yet to succeed, that is, achieve the millennium. This essay explores a successful millennial movement, one that has already ushered in the messianic age. Although this achievement is restricted geographically — to a city — it is nonetheless of major significance. Not only did this millennial movement receive support from the U.S. federal government, but it also accomplished its goal prior to the turn of the millennium.

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