The Cost of China`s Economic Success

2007 ◽  
pp. 127-139
Author(s):  
V. Gelbras
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
High Price ◽  
Existing Problems ◽  
The Social ◽  
Social And Economic Development ◽  
The World ◽  
The Usa ◽  
Catch Up ◽  
The Cost

China has achieved great results in economic growth. But the country has had to pay a high price for them. Slowing dynamics of the domestic market, growing gap in the social and economic development of regions, impoverishment of its rural population are a small number of existing problems caused by China’s attempts to catch up with the world leader - the USA.

Economic diplomacy of Central American states towards key extraregional partners

2021 ◽  
pp. 78-86
Author(s):  
M. Torshin ◽  
Y. Gerasimova
Keyword(s):  
Economic Development ◽  
Central American ◽  
Adverse Impact ◽  
Existing Problems ◽  
Economic Diplomacy ◽  
American States ◽  
The Social ◽  
Social And Economic Development ◽  
The Usa ◽  
The Eu

The article deals with the economic diplomacy of Central American states towards key extraregional partners, namely the USA, the EU and the PRC. The features of these relations and existing problems and challenges are revealed. The positive dynamics of the economic cooperation and adverse impact on the social and economic development of the Central American countries are traced.

scholarly journals Study on the Prevention and Controlling of Dissimilation of Social Functions of Commercial Banks Based on the Fulfillment of Social Responsibility of Chinese Commercial Banks

2020 ◽  
Vol 1 (2) ◽  
Author(s):  
Zhuobi Luo
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Commercial Banks ◽  
Well Being ◽  
Great Contribution ◽  
Social Functions ◽  
The People ◽  
The Social ◽  
The World ◽  
Socio Economic Development

The dissimilation of the social functions of commercial banks is a phenomenon that the function of commercial banks deviates from the economic development and the people's livelihood. Such phenomenon, which can be seen all over the world, impedes the socio-economic development and affects the well-being of the people to some degree. After investigating and analyzing the dissimilation of the social functions of Chinese commercial banks, it was found that their social functions play a significant role, and the booming development of these banks has made great contribution to the economic growth and improved people's livelihood in China. China should also have special experience in preventing and handling this dissimilation.

scholarly journals Trajectory of Steady Growth or Next Disbalance of Mechanisms of the World Economy

2019 ◽  
Vol 12 (5) ◽  
pp. 64-90
Author(s):  
E. N. Smirnov ◽  
V. N. Kirillov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Economic Development ◽  
Interest Rates ◽  
World Economy ◽  
Practical Importance ◽  
Modern World ◽  
Economic Dynamics ◽  
Social And Economic Development ◽  
The World

Main objective of the article – assessment of problems and opportunities of speeding up of world economic growth in the context of the crisis phenomena and turbulence in economy. Complication and reformatting of the economic relations between the countries represents serious challenges for modern economic dynamics. Methodological approach of the authors is based on assessment of the defining influence of new factors on delay of economic activity and economic development. The thesis about the defining impact of international trade on economic growth is called into question. It was analyzed the value and a role of the international companies as growth catalysts in the conditions of new technological revolution. It is established that risks of development of the world economy continue to increase, and the main of them – in decline in labor productivity in the developed countries, uncertainty concerning interest rates and economic policy of the states, the universal growth of sovereign and corporate debt of the states. It is shown that China has the increasing problems with the growth; however the flexibility of its economic policy allows to connect additional mechanisms of speeding up of social and economic development. In the European Union economic growth depends on the solution of problems of consolidation of the budgetary process, decrease in a debt, and in general – on reforming of the existing model of social and economic development. Prospects of economic dynamics will depend in many respects on stability of trade relations between the countries, and on the effective international cooperation directed to overcoming imbalances of the modern world economy. Opportunities and problems of an exit of developing countries to a trajectory of sustained economic growth in the conditions of digitalization and digital transformations in the world economy are estimated. Aggravation of a problem of inequality in the conditions of digitalization of the world economy is possible to overcome, however a number of measures in the sphere of industrial, innovative and regulatory policy is necessary. Also at the international level serious reforms in the sphere of financial regulation and taxation are necessary. The conclusions received as a result of the research have important practical importance as overcoming the problems stated above and also trade political differences between the countries will make economic growth steady and inclusive.

scholarly journals Impacts of Crime on Socio-Economic Development

2021 ◽  
Vol 12 (5) ◽  
pp. 71
Author(s):  
Okpuvwie Ejuvweyere Jonathan ◽  
Akinyede Joseph Olusola ◽  
Tohozin Coovi Aime Bernadin ◽  
Toko Mouhamadou Inoussa
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Secondary Data ◽  
Scientific Journals ◽  
The World ◽  
Socio Economic Development ◽  
Strong Action ◽  
The Cost ◽  
Descriptive Method

Crime is as old as man and it exists in every society in respective of its level of development. The rate at which criminals operate unhindered in most societies especially in developing countries around the world is worrisome. Crime creates fear and untold suffering among people. Crime often stands as a barrier to socio-economic growth of society, discourages investment, increases the cost of transactions and ultimately fuel migration which eventually creates economic development disparities around the world. The aim of this study is to analyze the manifestation of crime the world over with a view to intimating government of all countries to have a firm control of all criminal activities in their respective countries for a better society. The approach methodology is based on a literature review of scientific journals and reports. Secondary data were sourced from both published and unpublished works as the study applies descriptive method. The main results showed various manifestations of crimes such as banditry, kidnapping, rape, stealing and murder among others. Therefore, crime fuels corruption and destabilizes development of any society.  In conclusion, crime knows no boundary nor personality as it affects people at all levels. This sad activity will continue to be a major factor of lack of socio-economic development if no strong action is taken by governments to effectively tackle the activities of criminals, terrorists and bandits around the world.   Received: 14 May 2021 / Accepted: 5 August 2021 / Published: 5 September 2021

The Making of a Bicycle Nation

Transfers ◽  
2012 ◽  
Vol 2 (2) ◽  
pp. 70-94 ◽  
Author(s):  
M. William Steele
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
The Netherlands ◽  
Ordinary People ◽  
Environmental Consciousness ◽  
Personal Mobility ◽  
Social And Economic Development ◽  
The World ◽  
Per Capita ◽  
World Ranking

Japan is one of the great bicycle nations of the world, ranking alongside the Netherlands, Germany, and Denmark in terms of per capita bicycle ownership and use. This article reviews the history and characteristics of Japan as a bicycle nation. It examines the emergence of a distinctive bicycle culture that offered personal mobility to ordinary people in prewar Japan and traces the contribution of the bicycle to postwar Japan's social and economic development. It reviews postwar bicycle history in: the period of reconstruction and recovery (1945-1956); the period of high economic growth (1957-1973); the period of rapid motorization (1974-1991); and the period of raised environmental consciousness (1992-present). The conclusion seeks to offer reasons for the persistence of Japan's vibrant and pervasive bicycle culture.

scholarly journals Siberian projects as regional multipliers for acceleration of social and economic development

2019 ◽  
Vol 3 (4) ◽  
pp. 8-16
Author(s):  
Elena B. Mostovaya
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
The Arctic ◽  
Soviet Period ◽  
Russian Society ◽  
Russian Arctic ◽  
Eastern Sector ◽  
The Social ◽  
Social And Economic Development ◽  
The Impact

The contemporary deep degradation of the Eastern sector of the Russian Arctic in the post-Soviet period requires solutions, as well as the expansion of the impact of the needs of Siberia and its Arctic territories on the Russian and world economic growth. This article aims to explain how the development of the Arctic can become a source of acceleration of social and economic development of Russia — a driver of development and its multiplier. This emphasizes the importance of following the principle of connectivity in the development of the Eastern sector of the Russian Arctic, when analyzing the sources of complexity the design of its development, performed by the employees of the Institute of Economics and Industrial Engineering, Siberian Branch of the Russian Academy of Sciences (IEIE SB RAS). The article studies the projects of integrated development of the Eastern sector of the Arctic zone of Russia, developed in 2015-2018 by the IEIE SB RAS as potential drivers and multipliers that can accelerate the social and economic development of the entire country. The author emphasizes the non-constructive focus of some researchers on the development of a narrowly understood regional perspective of the problems of developing the potential of the Russian Arctic and justifies the need for a systematic approach to its development in the context of global economic ideas. The article reveals the mental sources of the commitment of the research staff of the IEIE SB RAS to system research, to the implementation of the theory of optimal use of limited natural and economic resources in research projects. The possibility of a significant acceleration of economic growth in Siberia and Russia as a whole during the implementation of Arctic projects, provided that the priority participation of industrially developed and densely populated regions of southern Siberia. The article shows that for the formation and implementation of an effective social and economic strategy of secondary (post-industrial) transformation of the Russian society, it is not enough to specify the current and long-term objectives of the economic movement. The authors concludes that it is of fundamental importance to identify potential drivers and multipliers in their composition that can accelerate the social and economic development of the country.

scholarly journals THE EUROPEAN UNION STRUCTURAL FUNDS’ SIGNIFICANCE IN THE DEVELOPMENT OF LATGALE

2012 ◽  
Vol 1 (4) ◽  
pp. 54
Author(s):  
Inese Biukšāne
Keyword(s):  
European Union ◽  
Economic Development ◽  
The European Union ◽  
Economic Problems ◽  
Structural Funds ◽  
Existing Problems ◽  
The Social ◽  
Social And Economic Development

The European Union structural funds financing is apportioned unevenly among the regions, including counties and cities. When allocating the received structural funds financing, the level of social and economic development of an area is not taken into account. Besides the problems of poor municipalities co–funding in the uptake of the European Union structural funds are not considered. The existing problems do not allow to the regions of Latvia to develop and to compete equally, all in all impeding development and growth of the country. According to the author’s opinion, in order to solve the social and economic problems Latvia makes inefficient use of the allocated European Union structural funds financing.

scholarly journals Modeling social ecological economic relations as an assessment method for sustainable development of regions in the Russian Federationский

2020 ◽  
Vol 15 (3) ◽  
pp. 369-384
Author(s):  
Dmitriy Viktorivich Shimanovsky ◽  
◽  
Elena Andreevna Tretiakova ◽  
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Human Capital ◽  
Economic Development ◽  
Development Theory ◽  
Russian Regions ◽  
The Sustainable Development ◽  
Social Ecological ◽  
The Social ◽  
Social And Economic Development

The advocates for the sustainable development theory question current methods applied to achieve the economic growth. This theory states that the economic growth should not increase the environmental pollution and the social tension. The irrational use of natural resources and insufficient investments in the human capital cause a inadequate development path for various countries and their territories. This article models three components for sustainable development of the RF constituent entities which shape the economic, social, and environmental areas of human life: GRP growth, better living standards evaluated against social wellbeing coefficient, and pollution reduction. This study aims to substantiate the reciprocal relationships between three above mentioned components of the sustainable development in the Russian regions and to develop the forecasting tools for further practical recommendations. The methodology of open vector autoregressions is taken to be the main research method. In this case, special attention has been paid to find the optimal maximum lag value in the model and to substantiate the Granger causality between endogenous variables. The results of the study prove that economic, social, and environmental areas of the human activity are interconnected. To achieve the sustainable development for the regional systems under the acquired model, sustainable development in the Russian regions is achieved by investing more into the human capital and macroeconomic stability. These tools could be applied to forecast the changes in the economic, social, and environmental components of the RF regions’ sustainable development. The tools have been verified with the data on the social and economic development of Perm region, which gives high quality forecasts with a low forecast error value. Further update of the mathematical tools and forecasting the social ecological and economic connections become the basis for the development of the optimal trajectory for the sustainable development in Russian regions and provide better quality for the developed and implemented regional strategies for the social and economic development.

Victor S. D'Souza. Development Planning and Structural Inequalities: The Response of the Underprivileged. New Delhi: Sage Publications 1990. Pages 206 + Index. Price: Rs 180 (Hardbound).

1991 ◽  
Vol 30 (3) ◽  
pp. 313-317
Author(s):  
Ziaul Haque
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Social Structure ◽  
Social Transformation ◽  
Social Inequalities ◽  
Census Data ◽  
Development Planning ◽  
Capital Formation ◽  
Indian Society ◽  
The Social

Deveiopment planning in India, as in other developing countries, has generally been aimed at fostering an industrially-oriented policy as the engine of economic growth. This one-sided economic development, which results in capital formation, creation of urban elites, and underprivileged social classes of a modern society, has led to distortions in the social structure as a whole. On the contrary, as a result of this uneven economic development, which is narrowly measured in terms of economic growth and capital formation, the fruits of development have gone to the people according to their economic power and position in the social structure: those occupying higher positions benefiting much more than those occupying the lower ones. Thus, development planning has tended to increase inequalities and has sharpened divisive tendencies. Victor S. D'Souza, an eminent Indian sociologist, utilizing the Indian census data of 1961, 1971, and 1981, examines the problem of structural inequality with particular reference to the Indian Scheduled Castes and Scheduled Tribes - the two most underprivileged sections of the present Indian society which, according to the census of 1981, comprised 15.75 percent and 7.76 percent of India's population respectively. Theoretically, he takes the concept of development in a broad sense as related to the self-fulfIlment of the individual. The transformation of the unjust social structure, the levelling down of glaring economic and social inequalities, and the concern for the development of the underprivileged are for the author the basic elements of a planned development. This is the theoretical perspective of the first chapter, "Development Planning and Social Transformation".

scholarly journals Building and Rebuilding Buddhist Monasteries in Tang China: The Reconstruction of the Kaiyuan Monastery in Sizhou

Religions ◽  
2021 ◽  
Vol 12 (4) ◽  
pp. 253
Author(s):  
Anna Sokolova
Keyword(s):  
Economic Development ◽  
Tang Dynasty ◽  
Construction Projects ◽  
Jiangsu Province ◽  
Pivotal Role ◽  
Bai Juyi ◽  
The Social ◽  
Social And Economic Development ◽  
Its Regions

This article explores regional Buddhist monasteries in Tang Dynasty (618–907 CE) China, including their arrangement, functions, and sources for their study. Specifically, as a case study, it considers the reconstruction of the Kaiyuan monastery 開元寺 in Sizhou 泗州 (present-day Jiangsu Province) with reference to the works of three prominent state officials and scholars: Bai Juyi 白居易 (772–846), Li Ao 李翱 (772–841), and Han Yu 韓愈 (768–824). The writings of these literati allow us to trace the various phases of the monastery’s reconstruction, fundraising activities, and the network of individuals who participated in the project. We learn that the rebuilt multi-compound complex not only provided living areas for masses of pilgrims, traders, and workers but also functioned as a barrier that protected the populations of Sizhou and neighboring prefectures from flooding. Moreover, when viewed from a broader perspective, the renovation of the Kaiyuan monastery demonstrates that Buddhist construction projects played a pivotal role in the social and economic development of Tang China’s major metropolises as well as its regions.

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