Investment climate and government turnover in russian regions

2014 ◽  
pp. 88-117 ◽  
Author(s):  
G. Syunyaev ◽  
L. Polishchuk

We study the impact of Russian regional governors’ rotation and their affiliation with private sector firms for the quality of investment climate in Russian regions. A theoretical model presented in the paper predicts that these factors taken together improve “endogenous” property rights under authoritarian regimes. This conclusion is confirmed empirically by using Russian regional data for 2002—2010; early in that period gubernatorial elections had been canceled and replaced by federal government’s appointments. This is an indication that under certain conditions government rotation is beneficial for economic development even when democracy is suppressed.

2006 ◽  
Vol 49 (1) ◽  
pp. 31-50 ◽  
Author(s):  
Peter Arthur

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.


Author(s):  
J. Eric Oliver ◽  
Shang E. Ha ◽  
Zachary Callen

This chapter considers the types of people who run for office and the types of campaigns they run. It examines the impact of factors such as personal ambition, civic responsibility, mobilizing issues, personal gain, and political indignation by looking at a large sample of local politicians (i.e., unsuccessful candidates and elected officials) from the greater Chicago metropolitan area. The small size, limited scope, and low bias of most Chicago-area municipal governments mean that these local politicians, like local voters, tend to be stakeholders in their communities. They are very concerned with issues of economic development and quality of life, yet are drawn into public affairs primarily from a sense of civic duty and an attachment to their towns. They are motivated less by ideology, partisanship, or even personal ambition, than by a public-spirited commitment to sustaining the quality of their communities.


2020 ◽  
Vol 22 (1) ◽  
pp. 57-71
Author(s):  
Pinghao Ye ◽  
Liqiong Liu ◽  
Linxia Gao ◽  
Quanjun Mei

This research mainly aims to explore the factors that influence users' continuous use of mobile libraries. The findings of this study will provide empirical evidence to help improve the service and information quality of mobile libraries. Moreover, suggestions for optimization are provided with the objective of meeting user demands at its maximum. A theoretical model is constructed to reveal the impact of 11 influencing factors on users' continuous use of mobile libraries. Structural equation modeling is adopted to verify the theoretical model and research hypothesis based on the valid data obtained from a questionnaire survey. The study found that personalized services and information availability have positive impacts on the service quality of mobile libraries. Moreover, perceived mobility and information quality have positive impacts on the perceived usability of mobile libraries. Finally, perceived usability, service quality, and platform stability have significantly positive impacts on the willingness of users to continue usage of mobile libraries.


2019 ◽  
Vol 39 (4) ◽  
pp. 400-414 ◽  
Author(s):  
Mesut Çiçek ◽  
Sevincgul Ulu ◽  
Can Uslay

The Slow City (Cittaslow) concept represents an emerging global trend where participant small cities commit to growing sustainably by preserving their authenticity while celebrating their local culture and diversity. Meanwhile, marketers increasingly find authenticity to be critical for campaigns with efficacy. Using a sample of 762 residents from slow cities, neighboring cities, and other Turkish cities, the authors empirically examine the Slow City movement and demonstrate its positive impact on place authenticity. Slow City membership also positively moderates the effect of perceived authenticity on both perceived entrepreneurial opportunities and economic development, which positively impact quality of life and intention to stay respectively. The results also indicate that the benefits of the Slow City movement spill over to neighboring cities. The Slow City movement offers much promise for place marketing and has potential to slow down the heavy migration from rural to urban areas in emerging markets.


2017 ◽  
Vol 11 (4) ◽  
pp. 375-403
Author(s):  
Pami Dua ◽  
Hema Kapur

This study examines how various bank groups operating in India have fared macro stress events and conduct macro stress testing (MST) to trace the impact of certain macroeconomic stress scenarios on the credit quality of five Indian bank groups, that is, the State Bank of India (SBI) and its associates (SBGs), nationalised banks (NBs), old private sector banks (OPBs), new private sector banks (NPBs) and foreign banks (FBs), using panel data from 1997 to 2014. Credit quality is modelled as a function of both macroeconomic variables (output growth, interest rate, inflation rate and exchange rate) and idiosyncratic variables (profitability and size indicator of bank business activity). The model is estimated by employing a panel cointegration approach, and the impact of adverse scenarios on the estimated credit quality is computed. Empirical findings show that credit quality is pro-cyclical in nature and rises in the event of a slowdown in the economy. In general, the credit quality of Indian bank groups is found to be inversely and significantly related to the economy’s growth rate, inflation rate, exchange rate and profits of banks and positively and significantly related to the interest rate. Shock analysis also reveals that a downturn in the economy through certain adverse scenarios has a significant adverse impact on the credit quality. The shocks are quickly propagated across banks with substantial heterogeneities present in different bank groups. Thus, macroeconomic policy measures promoting growth with price stability are expected to impact credit quality positively. Further, measures at the bank level can improve credit quality by enhancing their profitability. JEL Classifications: C32, C58, E170, G21


Author(s):  
Goran Radisavljević ◽  
Goran Milovanović ◽  
Saša Bjeletić

The aim of the paper is to analyze the effects of selected sources of financing on the economic development of the Republic of Serbia in the period from 2012 to 2016 on the basis of systematized statistical data. First, the theoretical framework of domestic and foreign sources of financing and the impacts of these sources on economic development are presented from the perspective of contemporary theory. This is followed by the analysis of the impact of domestic sources of financing (domestic savings, state and private sector) on the economic development of the Republic of Serbia. Finally, the paper examines the relevance of foreign direct investment (FDI) for encouraging restructuring, competitiveness, growth, and development of the economy of the Republic of Serbia.


Author(s):  
RUKSANA. M.M. ◽  
Dr. K. GANGADHARAN

International migration has an important role in the economic development of every economy.In Kerala, most of the people prefer to emigrate for skilled and unskilled labour to the developed countries to improve the living standards oftheir families.According to Kerala Migration Survey Report, forevery 100 households in the state, there were 29.3 emigrants in 2014and the number of emigrants has increased graduallyover the years, from13.6 lakhs in 1998 to 24.0 lakhs in 2014.Kerala is receiving an increasing amount of money from abroad as workers’ remittances and total remittancesto Kerala in 2014 was estimated to be Rs71,142 crores.Remittances per household were Rs 86,843 in 2014 compared to Rs. 63,315 in 2011 and Rs. 57,227 in2008.The present study is to find out trend and growthof household remittance in Kerala and to analyze the impact of these remittance to the living standards of emigrant families.


2016 ◽  
Vol 55 (4I-II) ◽  
pp. 657-673
Author(s):  
Karim Khan ◽  
Saima Batool ◽  
Anwar Shah

Since the recent emphasis on institutions for overall economic development of the countries, the research in this strand has expanded enormously. In this study, we want to see the impact of political institutions on economic development in pure cross-country setting. We take the Human Development Index (HDI) as a measure of economic development and use two alternative measures of dictatorship. We find that dictatorship is adversely affecting economic development in our sample of 92 countries. For instance, transition from extreme dictatorship to ideal democracy would increase HDI by 17 percent. Moreover, our results are robust to alternative specifications and the problems of endogeneity and reverse causation as is shown by the results of 2 Stages Least Squares (2SLS). JEL Classification: P16, H11, H41, H42 Keywords: Economic Development, Human Development Index, Dictatorship


2019 ◽  
Vol 19 (1) ◽  
pp. 3-24
Author(s):  
Ingrid Majerová

Abstract The quality of life and economic development of economies and their regions is influenced by socio-economic indicators such as unemployment, healthcare and education, environmental issues or household equipment. The question remains whether these indicators within regions can also influence each other and whether they have positive or negative effects. The paper aims to describe the impact of the selected socioeconomic indicators on health personnel, which was also divided from the gender perspective. For this purpose, the regions of the Visegrad Group Plus countries at NUTS II level were selected. The research was performed in the period from 2004 to 2013. According to our results based on the Generalized Method of Moments with panel data, we found out that a change in household income and a change in the number of vehicles in the monitored regions have the greatest (positive) impact on staff in hospitals. The research may contribute to the discussion about levels of regional economic development and the related competitiveness in terms of the socio-economic approach, and it may also provide a basis for further discussion on its measurement and use of appropriate indicators.


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