The Results of 2003 and The Results of Four Years: Policy versus Economy

2004 ◽  
pp. 4-23 ◽  
Author(s):  
V. Mau
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Policy Debate ◽  
The One ◽  
Current Stage

The Results of 2003 and The Results of Four Years: Policy versus Economy The paper deals with factors and trends of the economic policy in Russia in 2003-2004, as well as with policy debate on economic growth issues. Current stage of economic development is characterized as transition from the reconstructive growth to the investment one. The author discusses the role of elections in the development of economic policy in 2003, the danger of economic populism, and prospects of economic policy in the "one-and-a-half-party" democracy model. Conclusion presents economic policy priorities for the next presidential term.

Higher Education’s External Effects in Modern Russia’s Economy

10.12737/7806 ◽  
2015 ◽  
Vol 3 (1) ◽  
pp. 4-10 ◽  
Author(s):  
Басовский ◽  
Leonid Basovskiy ◽  
Басовская ◽  
Elena Basovskaya
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Growth Rates ◽  
Institutional Environment ◽  
Business Development ◽  
Econometric Models ◽  
New Paradigm ◽  
External Effects ◽  
The One

Econometric models of GDP’s crisis growth rates and factors of GDP’s recession rates have been received. The models allow predict the recession in Russia’s economy in 2015–2019. Decline in production during the crisis can reach 16–17%. Production decline duration can make 4–5 years. The crisis phenomena in economy at the level up to 80,7% have been caused by formation of adverse institutional environment under the influence of the laws adopted in 2003–2014. A new paradigm of economic policy is necessary for overcoming the crisis phenomena in economy, this policy is the one related to formation of institutions favoring to the economic growth and economic development, the policy aimed at the business development, at investment attraction, at domestic demand expansion.

scholarly journals Institutional models of public order as a factor of economic development and national welfare

2021 ◽  
Vol 2021 (54) ◽  
pp. 93-117
Author(s):  
Viktoriia Nebrat ◽  
◽  
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Social Welfare ◽  
Legal Protection ◽  
Public Welfare ◽  
Public Order ◽  
National Welfare ◽  
The One ◽  
Access Model

The relevant scientific problems include characterizing different models of public order in the context of divergence of economic development; deepening the understanding of public welfare as a measure to meet the needs and results of public policy; assessment of the cognitive and practical potential of modern concepts of historical and institutional explanation of the differentiation of the world economy for the optimization of regulatory measures of economic policy in Ukraine. The purpose of this article is to determine the features of the relationship between the nature of institutions, in particular institutional models of public order, on the one hand, and economic development and social welfare on the other. The research methodology combines the tools of evolutionary economic theory, comparative analysis and institutional history. The theoretical basis is the idea of D. North on the types of institutional models of public order. Despite the historical and national features of the formation and functioning of different economic systems, their success and failure can be explained on the basis of typology of North's models. The open access model is more conducive to economic growth and social welfare. Ensuring the institutional conditions for the realization of human rights, economic freedom and legal protection contributes to higher results. Instead, the restricted access model is characterized by slow economic growth and vulnerability to challenges, low level of social consolidation and economic solidarity, dominance of hierarchical ties and insecurity of property rights. It has been proven that institutional changes aimed at increasing public welfare should ensure the transformation of the economic model towards greater availability of resources and opportunities, replacing extractive relations and vertical relations with partnerships and horizontal relations. Economic policy analysis and evaluation is an important component of successful institutional transformations.

scholarly journals PERAN PEMERINTAH DALAM MEMBANGUN EKONOMI SYARIAH DI INDONESIA

Al-Risalah ◽  
2019 ◽  
Vol 10 (2) ◽  
pp. 18-54
Author(s):  
Husnul Khotimah Sylvia
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Role Of Government ◽  
The Government ◽  
Islamic Economic ◽  
Role Of The Government ◽  
Determining Factor ◽  
Policy Aspect

The role of the Government in developing and developing Islamic economics in Indonesia has a very urgent and important role capacity, because the determining factor for the sustainability of sharia economic development is the urgency of the government's role in several aspects; (1) The policy aspect ofunderstanding the role of government according to Islam, (2) the basic aspects of Islamic economic policy, (3) the policy aspects of understanding the Islamiceconomic system, (4) the policy aspects of fulfilling the law, (5) the policy aspects of governance execution and development. If the five aspects can be fulfilled and carried out, then it is assured that Indonesia will experience overall economic growth, all levels of society will increase and there will be no imbalanced economic inequality.

scholarly journals PERAN PEMERINTAH DALAM MEMBANGUN EKONOMI SYARIAH DI INDONESIA

Al-Risalah ◽  
2019 ◽  
Vol 9 (1) ◽  
pp. 17-52
Author(s):  
Husnul Khotimah Sylvia
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Role Of Government ◽  
The Government ◽  
Islamic Economic ◽  
Role Of The Government ◽  
Determining Factor ◽  
Policy Aspect

The role of the Government in developing and developing Islamic economics in Indonesia has a very urgent and important role capacity, because the determining factor for the sustainability of sharia economic development is the urgency of the government's role in several aspects; (1) The policy aspect of understanding the role of government according to Islam, (2) the basic aspects of Islamic economic policy, (3) the policy aspects of understanding the Islamic economic system, (4) the policy aspects of fulfilling the law, (5) the policy aspects of governance execution and development. If the five aspects can be fulfilled and carried out, then it is assured that Indonesia will experience overall economic growth, all levels of society will increase and there will be no imbalanced economic inequality.

Economic Policy in 2005: Defining the Priorities

2006 ◽  
pp. 4-27 ◽  
Author(s):  
V. Mau
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Law Enforcement ◽  
Economic Reform ◽  
Judicial System ◽  
Policy Debate ◽  
Human Capital Development ◽  
Per Se ◽  
Capital Development

The paper deals with the logic and priorities of Russian economic policy in 2005. Among the main trends the author discusses: factors of economic growth; institutional and dirigiste approaches to consolidation of economic growth; the role of "national projects" announced in 2005 in economic policy debate; "diminishing returns" of economic legislation and priority of reforming the judicial system (law enforcement institutions) and human capital development over economic reform per se. The paper also deals with the priorities for 2006 and forthcoming years.

The Quality of Kazakhstan’s Economic Policy and Balance of Payments

2008 ◽  
pp. 120-132
Author(s):  
K. Arystanbekov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Balance Of Payments ◽  
Foreign Investors ◽  
Negative Balance ◽  
Macroeconomic Efficiency

Kazakhstan’s economic policy in 1996-2007, its character and the degree of responsibility, the correlation between economic development and balance of current accounts are considered in the article. Special attention is paid to the analysis of their macroeconomic efficiency. It is concluded that in conditions of high rates of economic growth in Kazahkstan in 2000-2007 the net profits of foreign investors are 10-11% of GDP every year. The tendency of negative balance of current accounts in favor of foreign investors is also analyzed.

scholarly journals The role of diversity and tolerance in economic development

2021 ◽  
Author(s):  
Witold Kwasnicki
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Industrial Development ◽  
Evolutionary Process ◽  
Evolutionary Model ◽  
Industry Development ◽  
Radical Innovations ◽  
Long Run

AbstractThis paper presents an evolutionary model of industry development, and uses simulations to investigation the role of diversity and heterogeneity in firms’ behaviour, and hence industrial development. The simulations suggest that economic growth is increased with greater variety, in the sense of the evolutionary process approaching the equilibrium faster and also, in the long run, moving faster from one equilibrium to a new, more advanced, equilibrium. This occurs due to higher variety caused by a more tolerant environment, and due to the higher probability of emergence of radical innovations.

The Role of Entrepreneurial Performance in Supporting Economic Development of Countries: An Empirical Approach

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Valentina Diana Rusu ◽  
Angela Roman
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Social Progress ◽  
Entrepreneurial Performance ◽  
Panel Data Estimation ◽  
Positive Effects ◽  
National Competitiveness ◽  
Key Factor ◽  
Future Economic Development

Abstract Entrepreneurship is recognized as one of the factors stimulating economic growth and increasing economic competitiveness. In addition, the Europe 2020 Strategy has focused its attention on entrepreneurship as a key factor of economic growth, social progress, and employment. In this context, our study examines the role of entrepreneurial performance for sustaining the development of countries, focusing on a sample of European countries. We attempt to reveal if increasing entrepreneurial performance would have significant influence on improving the economic position of countries and their future economic development. Starting from the OECD-Eurostat Entrepreneurship Indicators Programme we use a set of entrepreneurial performance indicators as independent variables and examine to what extent they can influence competitiveness and economic growth, seen as dependent variables of the models. We focus on a period of 10 years (2008–2017) and we apply panel-data estimation techniques. Because the period considered includes the period of the last international financial crisis, we also include in our analysis a dummy variable. Our results emphasize that the changes in entrepreneurial performance play a significant role in enhancing national competitiveness and economic growth. Our findings contribute to the expansion of literature in the field by providing evidence on the correlation of indicators that measure entrepreneurial performance with national competitiveness and economic growth. Moreover, our findings point out the need of the policy makers to adopt measures and policies that help and stimulate entrepreneurs to become more performant because they can generate positive effects to the economy as a whole.

Efficiency Driven Effect of Education in China: The Perspective of Global Competitiveness and Graduate Education

2021 ◽  
Vol 1 (1) ◽  
pp. 36-43
Author(s):  
Jia Liu ◽  
Lun Li
Keyword(s):  
Higher Education ◽  
Economic Growth ◽  
Economic Development ◽  
Practical Significance ◽  
Education Policies ◽  
Global Competitiveness ◽  
Higher Education Policies ◽  
Level Of Economic Development ◽  
Education In China

Capital, natural resources, technology and education are often considered to be the most important factors in improving the level of economic development. China is in the "efficiency-driven" stage of economic development. There are objective laws in the development of education level and economic growth, but they interact with each other. Economic growth provides the foundation and necessary conditions for the development of education. At the same time, the role of education in promoting economic growth is also very obvious. Based on the perspective of postgraduate training, this paper studies the role of education in economic efficiency-driven, through the study of theory, data collection and empirical analysis, combined with the development characteristics of China's higher education, and compares China's and US higher education policies to guide China's higher education. The development of education, and then promote the transformation of China into the "innovation-driven" stage, has certain theoretical and practical significance.

scholarly journals Research on strategic emerging industries boosting high quality economic

2021 ◽  
Vol 235 ◽  
pp. 02011
Author(s):  
He Jiang ◽  
Yonghui Cao
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Industrial Structure ◽  
Decisive Role ◽  
High Quality ◽  
Emerging Industries ◽  
National Economic ◽  
Countermeasures And Suggestions ◽  
Sustainable Economic Growth

With the development of knowledge economy and the advancement of economic globalization, strategic emerging industries have become the leading industries for a country or region to achieve sustainable economic growth in the future. They are the high integration of emerging technologies and emerging industries, and the driving force of national economic growth. They play an important guiding and decisive role in the national economic growth and the transformation and upgrading of industrial structure. In recent years, China’s strategic emerging industries continue to grow rapidly, and have made remarkable achievements in innovation and development, which play an important role in the national economic growth and the transformation and upgrading of industrial structure, but there are also shortcomings. Based on the current situation of the development of strategic emerging industries, this paper analyzes the role of strategic emerging industries in economic development, and puts forward countermeasures and suggestions for strategic emerging industries to boost high-quality economic development.

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