scholarly journals Privatization Policy: Its Economic and Social Impacts

2015 ◽  
Vol 4 ◽  
pp. 1-8
Author(s):  
Baidya Nath Prasad Yadav

Privatization is one of the major policies to the world for improving the illhealthof national economy. Its primary goal is to reduce the financial burden of government through privatization of all loss makers' public enterprises. Besides this, it also helps to increase the competition among all privatized enterprises to promote productivity and profitability. It makes able to all privatized enterprises to operate freely in context to quality, quantity, taste, design, colour, packaging, pricing, promoting for generating the profit. Consequently, privatized enterprises use full resources, increase productivity, run in profitability, develop rapidly, provide more jobs to unemployed workers with high salary and benefits, pay more taxes to government, raise per capita income, facilitate consumers to select desired products, bear well responses to society. Lastly, nation improves itself economically and socially. This paper embodies the discussion of concept, objectives, methods, impacts and conditions for success of privatization.DOI: http://dx.doi.org/10.3126/av.v4i0.12349Academic Voices Vol.4 2014: 1-8

2018 ◽  
Vol 14 (2) ◽  
pp. 115
Author(s):  
Samuel D. Barrows

The dynamics of the five fastest growing GDP per capita economies in Asia and the EU are studied between 2010 and 2014. This time frame was selected in order to avoid the height of the 2008-2009 financial crisis, but to include the stimulus and recovery periods which occurred afterward. The intent was not to compare the recoveries or the impact of the stimulus programs. The intent was to compare the economic growth rates of the two groups and also the absolute per capita income along with five topic areas on economies including: configuration, utilization, investments, demographics, and outcomes. A total of twenty measurements are used for assessment from the World Bank databank website. The findings are that the Asian economies grew faster while the EU economies had a higher per capita income. The workforces of the Asia economies are also younger and more flexible whereas the workforces of the EU economies are older, but more educated. Discussions include the links between effective governments and economic development and the links between democracy and economic levels.


Author(s):  
Khairunnisa Musari

Loan shark is a humanitarian problem faced by many countries in the world, including in Asia, even in the Association of Southeast Asian Nations (ASEAN)'s countries. Loan shark activities are found not only in Myanmar and Cambodia, which has the lowest per capita income in ASEAN but also in Indonesia, Thailand, Malaysia, Brunei, and even Singapore, which are the five countries with the highest gross domestic product (GDP) per capita in ASEAN. How are loan shark practices in ASEAN countries? Can nanofinance overcome the microfinance gap to fight the loan shark? How the practice of Bank Wakaf Mikro (BWM) in Indonesia to nanofinance with qardhul hassan contract? Find the answers in this chapter.


1974 ◽  
Vol 34 (4) ◽  
pp. 980-1007 ◽  
Author(s):  
Michael Edelstein

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.


2017 ◽  
Vol 7 (2) ◽  
pp. 81-91
Author(s):  
Alqi Naqellari ◽  
Eros Angjeli ◽  
Nexhmi Dumani

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.


Author(s):  
Furqan Ali ◽  
Mohammad Asif

The rate of economic growth in India fluctuates with the world economic scenario. The developed countries being economically stable and highly advanced by technology, like U.S.A, France, Germany, Japan, and China faced the problem of economic crises. At the same time, the world comes to fluctuate their efficiency and empowerment to the leadership engagement in stabilizing the economy. In this paper, data taken from the Indian States as per capita income at the state level and compare it with all India average data. The Net State Domestic Product Per Capita Income (NSDPPCI), had taken on a current price for the short period 2011-2012 to 2016-2017. This paper compared the regional variation in state performance and compared the most riches states to inferior ones. The factors which affect economic performance are like stabilize the political stability in the state. We also focus comparison on the different political party announcements of the welfare scheme for the farmers and other poor people living in these states. Another factor like the level of education at states and center level, total population, and its growth rate, the public expenditure on the health sector. We measure income inequality, income distribution with the economic growth of India. KEYWORDS: Economic Growth; Inequality; Income Distribution; Political Stability.


1991 ◽  
Vol 13 (3) ◽  
pp. 29-33 ◽  
Author(s):  
M. Zaman ◽  
R. Wiest

Two images of Bangladesh as a country are commonplace in the West and often simplistically intertwined—a land of overpopulation and poverty, and a land cursed by natural disaster. Bangladesh is one of the poorest countries in the world with an estimated per capita income equivalent to only U.S. $180. It is also one of the world's most crowded countries. One hundred thirteen million people live in Bangladesh, an area about the size of Wisconsin, with an average density close to two thousand people per square mile. Since only 13% of the population is urban, this tremendous population, currently growing at a rate of 2.8% per annum, exerts especially great pressure on resources in the rural areas.


2014 ◽  
Vol 14 (4) ◽  
pp. 1501-1542 ◽  
Author(s):  
Donatella Baiardi

Abstract The paper explores the relationship between per capita income and three air pollutants, CO, NMVOCs, and SOx, using a novel dataset based on the 20 regions of Italy. Given the central role of technological progress in long-term environmental problems, we empirically investigate the influence of innovation on the environmental Kuznets curve (EKC). The estimation results validate the existence of an EKC for the three air pollutants considered. Furthermore, the influence of innovation on the inverse-U-shaped curve identified by the theoretical literature is in general empirically confirmed. Finally, the same conclusions also hold when using another dataset related to the aggregate national economy rather than separate regions.


Author(s):  
S. Horbachenko ◽  
L. Syvolap ◽  
S. Nikitchenko ◽  
А. Revenko ◽  
Y. Riabeka

Abstract. The development of the world economy, despite the barriers, is quite dynamic. The drivers of growth and stabilization of national economies at present are not raw materials industries, nor even industrial enterprises, but companies that generate innovative products. The enterprises that are most dynamically developing and producing innovations include enterprises in the field of medicine and IT. The updated list of S&P 500 companies showed that 50% of all the most innovative companies in the world are registered in the United States. Despite the pandemic challenges, some economies have not suffered significant losses due to quarantine restrictions. Since the level of innovative development of the national economy is a total (integrated) expression of the whole complex of innovative products created by companies of such a country, the initial elements are the creation of favorable regulatory and state support for developers of innovative products, tax benefits and incentives, export support for innovative products and so on. In order to assess these achievements, international organizations have developed appropriate methods for measuring the index of innovation development, namely: Global Innovation Index (GII) (WIPO and Cornell University), Bloomberg Innovation Index (BII) (Bloomberg), Global Competitiveness Index (World Economic Forum), World Competitiveness Index (IMD World Competitiveness Center). Studies have shown that against the background of the flagship countries (Switzerland, Sweden, Singapore, USA, Germany, China, etc.), Ukraine is constantly losing its position in the rankings, which is an objective reason for deindustrialization of the economy and denationalization and privatization of strategic enterprises of national importance. Today, Ukraine ranks 45th (GII) and 56th (BII), respectively, and belongs to the group of countries with below-average incomes per capita. At the same time, Ukraine ranks 71st in terms of innovation spending and 37th in terms of innovation development (profit). The development of Ukraine’s innovation component, according to experts and specialists, is ahead of forecast values. Keywords: national economy, innovations, innovative development, innovative products, innovative companies, indices of innovative development, gross national income per capita. JEL Classification O30 Formulas: 0; fig.: 1; tabl.: 4; bibl.: 19.


2004 ◽  
Vol 42 (1) ◽  
pp. 145-170 ◽  
Author(s):  
Franco Modigliani ◽  
Shi Larry Cao

China's per capita income ranks below 100th in the world. Its saving rate, however, has been one of the highest worldwide in recent decades. In this paper, we attempt to explain the seeming paradox within the framework of the Life-Cycle Hypothesis developed by Franco Modigliani. The key LCH variables are income and population growth. Our results based on data we put together from official sources show that income growth has been the dominant factor behind the dramatic increase in China's saving rate, as predicted by the LCH. Demographic structure and inflation also had significant impact on the fluctuations of the saving rate.


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