The Investment Climate in Russia

2006 ◽  
pp. 48-77
Author(s):  
Article Editorial
Keyword(s):  
Money Demand ◽  
State Level ◽  
Decision Making Process ◽  
Investment Climate ◽  
Operational Environment ◽  
Gdp Growth Rate ◽  
External Conditions ◽  
Potential Gdp ◽  
The Government ◽  
Economic Boom

During the last six years, exceptionally favourable external conditions for an upsurge of the domestic economy have been developed. However, they failed to result in an economic boom, which has been estimated by the authors as quite possible. One of the reasons for this - deterioration of the investment climate in the country that caused a decline of business activities and money demand decrease thus leading to reduction of potential GDP growth rate. The accumulated modernisation problems cannot be resolved without increasing the economic dynamics. But this requires an economic policy able to facilitate predictability of Russian business operational environment, to protect it legally, to secure a system of partnership relations with the government and to respect the interests of the main participants in the state level decision-making process concerning business undertakings and investment climate.

Papua New Guinea investment climate deteriorates

2015 ◽  
Keyword(s):  
Natural Gas ◽  
Papua New Guinea ◽  
Aggregate Demand ◽  
New Guinea ◽  
Investment Climate ◽  
Medium Term ◽  
Content Type ◽  
Gdp Growth Rate ◽  
The Government ◽  
Economic Outlook

Subject Political and economic outlook for Papua New Guinea. Significance Papua New Guinea (PNG) has benefitted from over a decade of buoyant economic growth, culminating in a forecast GDP growth rate of 15% in 2015. However, the outlook for PNG's major commodity exports (natural gas and gold) is now declining as aggregate demand for resources falls in China and elsewhere in the region. This will lead to a fall in the growth of overall government revenues. Impacts The price for spot market liquefied natural gas exports to Asia is likely to decline. The government will extend its overall fiscal deficit despite announced intentions to reduce debt under the medium-term fiscal strategy. The much-publicised sovereign wealth fund, announced several times but still not implemented, will continue to languish. Diversifying agriculture and fisheries to provide more options for disadvantaged rural populations and SME development will be slow. Foreign investment in PNG will slow down, particularly in gold, copper and other areas of mining.

Financial and monetary policy of the State and its impact on the income level and poverty reduction in Russia

2020 ◽  
Vol 26 (5) ◽  
pp. 964-990
Author(s):  
N.I. Kulikov ◽  
V.L. Parkhomenko ◽  
Akun Anna Stefani Rozi Mobio
Keyword(s):  
Monetary Policy ◽  
Household Income ◽  
Poverty Reduction ◽  
The State ◽  
Financial Policy ◽  
Gdp Growth ◽  
Tax Rate ◽  
Gdp Growth Rate ◽  
The Government ◽  
The Impact

Subject. We assess the impact of tight financial and monetary policy of the government of the Russian Federation and the Bank of Russia on the level of household income and poverty reduction in Russia. Objectives. The purpose of the study is to analyze the results of financial and monetary policy in Russia and determine why the situation with household income and poverty has not changed for the recent six years, and the GDP growth rate in Russia is significantly lagging behind the global average. Methods. The study employs methods of analysis of scientific and information base, and synthesis of obtained data. The methodology and theoretical framework draw upon works of domestic and foreign scientists on economic and financial support to economy and population’s income. Results. We offer measures for liberalization of the financial and monetary policy of the government and the Central Bank to ensure changes in the structure of the Russian economy. The proposed alternative economic and financial policy of the State will enable the growth of real incomes of the population, poverty reduction by half by 2024, and annual GDP growth up to 6 per cent. Conclusions. It is crucial to change budget priorities, increase the salaries of public employees, introduce a progressive tax rate for individuals; to reduce the key rate to the value of annual inflation and limit the bank margin. The country needs a phased program to increase the population's income, which will ensure consumer demand.

Les chefs de cabinets ministériels au Québec: la transition du gouvernement libéral au gouvernement péquiste (1976–1977)

1981 ◽  
Vol 14 (2) ◽  
pp. 309-335 ◽  
Author(s):  
Micheline Plasse
Keyword(s):  
Decision Making ◽  
Civil Service ◽  
The State ◽  
Comparative Perspective ◽  
Decision Making Process ◽  
The Social ◽  
Economic Forces ◽  
The Government

This article first presents a brief survey of the role and functions filled by the personal aide (chef de cabinet) of a minister in Quebec. The analysis continues, in a comparative perspective, by tracing a sociological and professional portrait of the Liberal“chefs de cabinet” in April 1976 and their successors in the pequiste government in July 1977.We then test the hypothesis that the cleavage between the government and the dominant economic forces has increased since November 15, 1976 as a result of the ideology articulated by the“chefs de cabinet” regarding the social and economic aims of the state. This hypothesis was confirmed.The hypothesis that the pequiste“chefs de cabinet” exercise a more pronounced influence on the decision-making process is also confirmed. Nevertheless, one cannot argue that the pequiste“chefs de cabinet” usurped the power of the legislators; their influence is more political than technocratic. The growing influence of the pequiste“chefs de cabinet” neverthelsss helps to accentuate the tensions and conflicts between the higher civil service and the ministerial aides.

scholarly journals Mitigation Policy Acceptance Model: An Analysis of Individual Decision Making Process toward Residential Seismic Strengthening

2018 ◽  
Vol 15 (9) ◽  
pp. 1883 ◽  
Author(s):  
Hao-Teng Cheng ◽  
Ko-Wan Tsou
Keyword(s):  
Decision Making ◽  
Behavioral Intention ◽  
Risk Mitigation ◽  
Mitigation Strategies ◽  
Decision Making Process ◽  
Mitigation Policy ◽  
Seismic Strengthening ◽  
Risky Decision ◽  
The Government ◽  
Acceptance Model

Mitigation policy is regarded as an effective strategy to achieve the purpose of building health resilience and reducing disaster risk with the current high frequency of environmental event occurrences. To enhance public acceptance of mitigation policy, the issue of decision-making behavior has been a concern of researchers and planners. In the past literature, qualitative measures employed to reveal the behavioral intention of hazard risk mitigation cause restricted outcomes due to the problem of sample representativeness and the fact that quantitative research is restricted to discuss the linear relationship between the two selected variables. The purpose of this article is to attempt to construct a Mitigation Policy Acceptance Model (MPAM) to analyze the behavioral intention of seismic risk mitigation strategies. Based on Dual Processing Theory, affective is conducted as the core variable for constructing two types of thinking processes, and the variables of risk perception, trust and responsibility are selected in MPAM from theories and past research. In this study, the mitigation policy of residential seismic strengthening, adapted in Yongkang District of Tainan, has been conducted as the case study. According to the results, the result of model fit test has confirmed the MPAM framework, and two thinking modes could be associated together when people face a risky decision-making process. The variable of affective is the most effective factor to influence each variable, and a direct effect on intention is also shown in this model. The results could provide suggestions in communication risk strategies for the government.

scholarly journals Markets: State Franchise Laws, Dealer Terminations, and the Auto Crisis

2010 ◽  
Vol 24 (3) ◽  
pp. 233-250 ◽  
Author(s):  
Francine Lafontaine ◽  
Fiona Scott Morton
Keyword(s):  
Market Share ◽  
State Level ◽  
Legal Framework ◽  
The State ◽  
General Motors ◽  
Current Crisis ◽  
State Laws ◽  
Distribution Costs ◽  
Retail Prices ◽  
The Government

In fall 2008, General Motors and Chrysler were both on the brink of bankruptcy, and Ford was not far behind. As the government stepped in and restructuring began, GM and Chrysler announced their plan to terminate about 2,200 dealerships. In this paper, we first provide an overview of franchising in car distribution, how it came about, and the legal framework within which it functions. States earn about 20 percent of all state sales taxes from auto dealers. As a result, new car dealerships, and especially local or state car dealership associations, have been able to exert influence over local legislatures. This has led to a set of state laws that almost guarantee dealership profitability and survival—albeit at the expense of manufacturer profits. Available evidence and theory suggests that as a result of these laws, distribution costs and retail prices are higher than they otherwise would be; and this is particularly true for Detroit's Big Three car manufacturers—which is likely a factor contributing to their losses in market share vis-à-vis other manufacturers. After discussing the evidence on the effects of the car franchise laws on dealer profit and car prices, we turn to the interaction of the franchise laws and manufacturers' response to the auto crisis. Last, we consider what car distribution might be like if there were no constraints on organization. We conclude that although the state-level franchise laws came about for a reason, the current crisis perhaps provides an opportunity to reconsider the kind of regulatory framework that would best serve consumers, rather than carmakers or car dealers.

scholarly journals Evaluation of the Nipah epidemic containment and multisectoral involvement in Kerala using an appropriate management framework

2020 ◽  
Vol 7 (7) ◽  
pp. 2813
Author(s):  
Asma A. Rahim ◽  
Sujina C. Muthukutty ◽  
Sabitha R. Jacob ◽  
Rini Ravindran ◽  
Jayakrishnan Thayyil ◽  
...  
Keyword(s):  
Health Personnel ◽  
Viral Infections ◽  
Nipah Virus ◽  
Disease Outbreaks ◽  
State Level ◽  
The State ◽  
Contact Tracing ◽  
Outbreak Response ◽  
Management Framework ◽  
The Government

Kozhikode district of North Kerala, India witnessed an outbreak of Nipah virus (NiV) in the month of May 2018. Two adjacent districts were affected leaving 17 patients dead out of the 19 confirmed. United Nations and WHO lauded the expeditious response of the state’s health system in the diagnosis and containment of the outbreak which was unprecedented. The authors being in the contact tracing and surveillance operation district team, had kept a record of timeline of events and actions at the state level, compiled the news clippings and tracked events. In the absence of an end‑of‑epidemic report for reference, these records served as a valuable tool for the present review. We used the Management science for health frame work tool (MSH framework) to evaluate the district and state coordinated actions which helped in curbing the outbreak. Though NiV outbreak in South India (2018) had similar epidemiological features to previous disease outbreaks, it stands out as the one to be detected and contained in a short span of time. As health personnel working in the government medical college of an affected district and directly involved in contact tracing operations and containment measures, exploring and sharing, what worked and how, in the context of multidisciplinary response and recovery attempts of the outbreak in the state may be beneficial to public health personnel and policy makers. This management framework may be replicated in the national and international context, particularly in South East Asian region under threat of emerging viral infections like COVID-19, lacking specific epidemic management frameworks for outbreak response and containment.

scholarly journals INVESTMENT SECURITY IN THE SYSTEM OF ECONOMIC SECURITY OF THE STATE

2021 ◽  
Author(s):  
Nataliia Sytnyk ◽  
Veronika Ishchenko
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Economic Security ◽  
The State ◽  
Fixed Capital ◽  
Investment Climate ◽  
Important Place ◽  
Doing Business ◽  
The World ◽  
The Government

In modern conditions of functioning of the market economy, in the era of development of globalization and globalization processes, the prevalence of international relations, the spread of various forms of international capital movement, in particular foreign direct investment, an important place is occupied by investment activities and policies implemented by the state within the framework of the latter. It is difficult to overestimate the importance and role of investment, because world experience shows that the effective development of business entities, and therefore the country's economy as a whole, cannot be imagined without making investments. Therefore, the government of almost any country in the world is focused on creating a favorable investment climate. The article defines the theoretical foundations of investment security of the state: the essence of the concept is outlined, the principles on which investment security is based, its place and role in the state's economic security system are justified. Qualitative and quantitative criteria for a comprehensive assessment of the state's investment security are presented. The calculation and analysis of the main indicators – quantitative criteria of investment security: gross accumulation of fixed capital; the degree of accumulation of fixed capital; the ratio of the cost of newly introduced fixed assets to the volume of capital investments is carried out; the ratio of net growth of foreign direct investment to GDP; the size of the Ukrainian economy as a percentage of global GDP. The dynamics of the total volume of foreign direct investment in the Ukrainian economy in the context of world countries is analyzed. The main investor countries that ensure the receipt of the largest volumes of investment flows to the Ukrainian economy are identified. Ukraine's place in the World Bank's “Doing Business” rating over the past ten years has been demonstrated. The positive dynamics regarding Ukraine's place in the World Bank's “Doing Business” rating and the main factors that influenced such positive changes were noted. The investment climate of the state is assessed and possible measures are proposed to improve the mechanism of managing the state's investment security.

scholarly journals A Resource-Based View and Institutional Theory- based analysis of Industry 4.0 Implementation in the Indian Engineering Industry

2020 ◽  
pp. 154-166
Author(s):  
Michael Sony ◽  
P. S. Aithal
Keyword(s):  
Institutional Theory ◽  
Industry 4.0 ◽  
Point Of View ◽  
Engineering Industry ◽  
Decision Making Process ◽  
Theoretical Point ◽  
Resource Based View ◽  
Organizational Goals ◽  
The Government ◽  
Goals And Objectives

Industry 4.0 is the digital transformation of the organization to meet the organizational goals and objectives. Industry 4.0 is making slow inroads in the Indian Engineering Industry. Therefore, there is a need for a study to understand the dynamics of the implementation in Indian Engineering Industry from a theoretical point of view. This study uses the Institutional Theory and ResourceBased theory to analyse the implementation of Industry 4.0. "Coercive", "normative" and "mimetic" pressure is used to analyse the forces on firms to implement Industry 4.0. Resource-based view is further used to analyse how the "physical, human, organizational, technological, financial and reputational capital" can be used in Indian Engineering Industry to attain competitive advantage. The study also develops a model to understand the dynamics of Industry 4.0 implementation. This is the first study to analyse the dynamics of Industry 4.0 implementation in Indian Engineering Industry. It will help the academicians to enrich the theoretical base of Industry 4.0 implementation. The industry will benefit from this analysis to understand the decision-making process for the implementation of Industry 4.0. The study can be used by the Government to decide policies that formal, informal rules and policies will help the Industries to implement Industry 4.0.

The State, Private Sector Development, and Ghana's “Golden Age of Business”

2006 ◽  
Vol 49 (1) ◽  
pp. 31-50 ◽  
Author(s):  
Peter Arthur
Keyword(s):  
Economic Development ◽  
Private Sector ◽  
Development Strategy ◽  
Golden Age ◽  
Structural Adjustment ◽  
Investment Climate ◽  
Private Sector Development ◽  
Effective Implementation ◽  
Adjustment Program ◽  
The Government

Abstract:The promotion of the private sector has become an integral part of Ghana's economic development strategy since it embarked on its structural adjustment program (SAP) in 1983. Private sector development, which involves the improvement of the investment climate and the enhancing of basic service delivery, is considered one of the necessary factors for sustaining and expanding businesses, stimulating economic growth, and reducing poverty. This article examines the policies of Ghana's New Patriotic Party (NPP) government and its strategies for making the private sector the bedrock of economic development and for achieving what it calls the “Golden Age of Business.” It argues that while the policies and initiatives being pursued have the potential to help in the development of the private sector in Ghana, the government has to play a more central role in this process, not only by creating the enabling environment for private businesses, but also by providing business with support and protection. While the “Golden Age of Business” is a neoliberal concept, its effective implementation requires a robust statist input.

Impact of COVID-19 pandemic on pilgrim city: A case of Haridwar, Uttarakhand, India

2021 ◽  
pp. 91-96
Author(s):  
Shreya Giri
Keyword(s):  
Geographic Location ◽  
State Level ◽  
Family Welfare ◽  
Global Pandemic ◽  
The World ◽  
Recent Outbreak ◽  
River Ganga ◽  
The Government ◽  
Novel Coronavirus ◽  
Pilgrimage Tourism

India has one of the largest pilgrim traffic in the world as it has large number of sacred and holy sites of different religions. Besides tourism has been a rising industry in India during last few decades thus providing excellent opportunities for pilgrimage tourism until the outbreak of Novel Coronavirus hit the Pilgrim industry. The Covid-19 global pandemic has led to fatal situation and is inextricably affecting the economy of the nation. One such case is of Haridwar “The Gateway to the abode of Gods” in the Uttarakhand state of India. Every year lakhs of devotees visit Haridwar to take bath in the holy river Ganga in order to attain virtue. Haridwar is a famous religious city for the Hindus and it is also attractive to other domestic and foreign tourists because of its marvellous geographic location and physio-cultural tourist resources. The Ministry of Health and Family Welfare has raised awareness about the recent outbreak and the Government is taking several measures and formulating various concord at both central and state level to prevent the adversities of COVID-19. In this paper, an attempt has been made to highlight how the pandemic has left the pilgrimage industry gasping. The paper also suggests certain measures to cope up the Covid-19 outbreak thus consequently moving the economy of the region.

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