scholarly journals Miejsce ChRL w międzynarodowej polityce energetycznej

2013 ◽  
pp. 165-180
Author(s):  
Krzysztof Kozłowski
Keyword(s):  
Economic Growth ◽  
International Relations ◽  
Energy Policy ◽  
Developed Countries ◽  
Political Crisis ◽  
Secure Access ◽  
International Environment ◽  
Sector Analysis ◽  
International Standing ◽  
Oil Sector

Rapid growth of China’s demand for fuels, especially oil, caused by dynamic  economic growth of the PRC, is one of the sources of fundamental changes in  international energy policy and in international relations as such. The rate of  growth of China’s demand for fuels combined with similar trends in other developing  countries will influence the level of global prices of these fuels. It can also  become the source of political crisis’ in international race to secure access to them.  A question arises: what are the possible consequences of Chinese energy policy  for international environment, particularly in the oil sector? Analysis of China’s  energy profi le and the directions of expansion caused by it, leads to a conclusion  that PRC does not express tendencies to participate in conflicts. The possibilities of  conflicts are more likely to arise due to actions of China’s potential enemies among  developed countries that may perceive the growth of PRC international standing as  a danger to their own position or to position of other developing states whose  demand for fuels increases as fast as China’s.

Economic Growth, Environmental Scarcity, and Conflict

2002 ◽  
Vol 2 (1) ◽  
pp. 83-110 ◽  
Author(s):  
Rafael Reuveny
Keyword(s):  
Economic Growth ◽  
Natural Resources ◽  
Developed Countries ◽  
Environmental Conflict ◽  
Armed Conflicts ◽  
Political Crisis ◽  
The People ◽  
Short Run ◽  
Environmental Scarcity ◽  
Conventional Solution

The global population is expected to reach nine billion by 2050, intensifying “environmental scarcity,” a term used here to denote environmental degradation and pressure on renewable and nonrenewable natural resources. Currently, environmental scarcity is more pronounced in less developed countries (LDCs) than in developed countries (DCs). Many argue that this scarcity is increasingly promoting armed conflicts in LDCs. The conventional solution to the problem of environmental conflict is economic growth. It is argued that as LDCs' income per capita rises to the level ofthat of DCs, their population growth and environ mental scarcity will decline, preventing conflict and building peace. This paper illustrates that the growth approach to conflict prevention probably will not work because the biosphere most likely would not be able to support a DC-level standard of living for all the people on Earth, at least not at the current state of technology. The resulting intensification of pressures on natural resources is likely to induce more, not less, environmental conflict. Still, economic growth in LDCs is important on both moral and practical grounds. One could make economic growth in LDCs ecologically—and therefore politically—feasible by balancing it with a coordinated economic contraction in DCs. The difficulties associated with implementing this approach are discussed. I believe that the approach will probably be rejected by DCs in the short run, but might eventually be initiated in response to some global ecological-social-political crisis. The problem is that such a crisis also might result in extensive damages. Whether or not such damages could be alleviated would depend on the nature ofthe crisis and the extent of the damages up to that point.

scholarly journals Analysis of the RES Potential in Accordance with the Energy Policy of the European Union

Energies ◽  
2021 ◽  
Vol 14 (19) ◽  
pp. 6030
Author(s):  
Tomasz Jałowiec ◽  
Henryk Wojtaszek
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
European Union ◽  
Renewable Energy ◽  
Energy Policy ◽  
Renewable Energy Sources ◽  
Clean Energy ◽  
Developed Countries ◽  
Energy Sources ◽  
The European Union

There is a need to reduce carbon-based energy and replace it with clean energy in order to counteract the negative effects of climate change. The increase in renewable energy sources may result in savings and the increasing cost of maintaining carbon-based energy. Worldwide involvement is required. The fulfillment of conditions by individual states does not solve the problem. The COVID-19 pandemic has slowed economic growth. It turns out that economic growth is not always associated with increased investments in RES (existing or emerging new clean energy points). We have a new epidemiological threat—Delta—which could become large. This will not improve the situation. Germany is an exemplary country for benchmarking in the field of renewable energy. The worrying fact is that Poland, despite economic growth, does not achieve an even growth in RES. Each of us is required to be involved, to be open to innovation and to act in accordance with the energy policy of the European Union. Basic management functions (planning, organizing, motivating and controlling) are also essential. Failure to meet the demands of the energy policy should be thoroughly verified and consequences should be drawn in order to involve the whole world. The authors thoroughly analyzed many factors that have a significant impact on the success in stopping climate change and increasing RES. With the increase in energy demand, renewable energy is introduced to a greater extent. Additionally, coal energy will be more expensive to maintain. The more RES, the more expensive the energy obtained from mine sources. The investment is an opportunity to meet the demands of RES, but investors are currently only interested in investing in renewable energy in highly developed countries. The decision-making process regarding the implementation of renewable energy sources not only consists in a radical decision to introduce changes, but also in the fulfillment of a number of assumptions regarding the energy policy controlled by the authorities of a given state as part of this action. There is a risk (fear) in underdeveloped countries that they will not be able to finalize this project, either due to the lack of investor interest or the lack of real opportunities due to the failure to meet the guidelines of the energy policy of a given country. It is advisable that state governments facilitate the process as much as possible so that even less developed countries could take advantage of this postulate.

scholarly journals Challenges of Economic of Georgia: Good and Bad Economic Growth

2019 ◽  
Vol 5 (1) ◽  
pp. 178
Author(s):  
Tea Kasradze ◽  
Nino Zarnadze
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
Developed Countries ◽  
Political Crisis ◽  
Difficult Situation ◽  
Investment Projects ◽  
Education Industry ◽  
The Government ◽  
Technical Complex ◽  
The Military

The Georgian economy has been undergoing serious transformations over the years. The reforms carried out by the government affected all spheres of the economy - health care, education, industry, the military-technical complex, etc. The annual growth of the economy is approximately 4.8%. The EU, partner developed countries and donor international organizations allocate huge financial resources for the implementation of the changes planned by the government. Despite this, the economy of Georgia is in a difficult situation. The reason of economic stagnation in which the country has been for years is an extensive vector of development of the national economy. Investment projects carried out in the country in recent years are extensive in most cases. These projects are aimed at increasing current profits. They mostly are not oriented to long-term perspective. Intensification projects based on scientific and technical progress that are capable to change the level of production qualitatively are few. Despite the lack of an innovative scientific and technical background the economic indicators are increasing. However, the analysis of the indicators’ growth factors shows the lack of development of the national economic system. The data does not reflect the real economic statement and point to an extensive (so-called bad growth) growth of the national economy and will lead to economic and political crisis. The intensive and extensive factors of economic growth is discussed and analyzed in the paper. The recommendations and measures are developed by the authors for improving the economy through the intensification of production processes.

The Second Start of Transformation in Ukraine?

2014 ◽  
pp. 30-52 ◽  
Author(s):  
L. Grigoryev ◽  
E. Buryak ◽  
A. Golyashev
Keyword(s):  
Economic Growth ◽  
Armed Conflict ◽  
Political Crisis ◽  
Investment Climate ◽  
Institutional Reforms ◽  
Personal Consumption ◽  
Governance Quality ◽  
Political Turmoil

The Ukrainian socio-economic crisis has been developing for years and resulted in the open socio-political turmoil and armed conflict. The Ukrainian population didn’t meet objectives of the post-Soviet transformation, and people were disillusioned for years, losing trust in the state and the Future. The role of workers’ remittances in the Ukrainian economy is underestimated, since the personal consumption and stability depend strongly on them. Social inequality, oligarchic control of key national assets contributed to instability as well as regional disparity, aggravated by identity differences. Economic growth is slow due to a long-term underinvestment, and prospects of improvement are dependent on some difficult institutional reforms, macro stability, open external markets and the elites’ consensus. Recovering after socio-economic and political crisis will need not merely time, but also governance quality improvement, institutions reform, the investment climate revival - that can be attributed as the second transformation in Ukraine.

International differences in labor productivity: Role of capital, technological level and resource rent

2016 ◽  
pp. 67-93 ◽  
Author(s):  
A. Zaytsev
Keyword(s):  
Labor Productivity ◽  
Developed Countries ◽  
Resource Rent ◽  
Per Capita Gdp ◽  
Technological Level ◽  
Per Capita ◽  
Oil Sector ◽  
Population Ratio ◽  
Gdp Gap ◽  
Productivity Gap

Using level accounting methodology this article examines sources of per capita GDP and labor productivity differences between Russia and developed and developing countries. It considers the role played by the following determinants in per capita GDP gap: per hour labor productivity, number of hours worked per worker and labor-population ratio. It is shown that labor productivity difference is the main reason of Russia’s lagging behind. Factors of Russia’s low labor productivity are then estimated. It is found that 33-39% of 2.5-5-times labor productivity gap (estimated for non-oil sector) between Russia and developed countries (US, Canada, Germany, Norway) is explained by lower capital-to-labor ratio and the latter 58-65% of the gap is due to lower technological level (multifactor productivity). Human capital level in Russia is almost the same as in developed countries, so it explains only 2-4% of labor productivity gap.

Reducing the Risks of the Financial Sector to Ensure Sustainable Growth of the Russian Еconomy

2019 ◽  
Vol 12 (3) ◽  
pp. 86-92
Author(s):  
T. I. Minina ◽  
V. V. Skalkin
Keyword(s):  
Economic Growth ◽  
Monetary Policy ◽  
Financial Sector ◽  
Developed Countries ◽  
Sustainable Growth ◽  
Necessary Condition ◽  
Real Sector ◽  
Financial Instruments ◽  
The Real ◽  
The Impact

Russia’s entry into the top five economies of the world depends, among other things, on the development of the financial sector, being a necessary condition for the economic growth of a developed macroeconomic and macro-financial system. The financial sector represents a system of relationships for the effective collection and distribution of economic resources, their deployment according to public demand, reducing the risk of overproduction and overheating of the economy.Therefore, the subject of the research is the financial sector of the Russian economy.The purpose of the research was to formulate an approach to alleviating the risks of increasing financial costs in the real sector of the economy by reducing the impact of endogenous risks expressed as financial asset “bubbles” using the experience of developed countries in the monetary policy.The paper analyzes a macroeconomic model applied to the financial sector. It is established that the economic growth is determined by the growth and, more important, the qualitative development of the financial sector, which leads to two phenomena: overproduction in the real sector and an increase in asset prices in the financial sector, with a debt load in both the real and financial sectors. This results in decreasing the interest rate of the mega-regulator to near-zero values. In this case, since the mechanisms of the conventional monetary policy do not work, the unconventional monetary policy is used when the mega-regulator buys out derivative financial instruments from systemically important institutions. As a conclusion, given deflationally low rates, it is proposed that the megaregulator should issue its own derivative financial instruments and place them in the financial market.

PENGARUH INFRASTRUKTUR SECARA SPASIAL TERHADAP KONVERGENSI PERTUMBUHAN EKONOMI DI INDONESIA

INFO ARTHA ◽  
2017 ◽  
Vol 1 ◽  
pp. 17-28
Author(s):  
Anisa Fahmi
Keyword(s):  
Economic Growth ◽  
Regional Economics ◽  
Developed Countries ◽  
Road Infrastructure ◽  
Long Run ◽  
Catch Up ◽  
The Developed Countries ◽  
Positive Effect ◽  
Neoclassical Growth Theory

Motivated by inter-regional disparities condition that occurs persistently, this study examines the Indonesian economy in the long run in order to know whether it tends to converge or diverge. This convergence is based on the Solow Neoclassical growth theory assuming the existence of diminishing returns to capital so that when the developed countries reach steady state conditions, developing countries will continuously grow up to 'catch-up' with developed countries. Based on regional economics perspective, each region can not be treated as a stand-alone unit,therefore, this study also focuses on the influence of spatial dependency and infrastructure. Economical and political situations of a region will influence policy in that region which will also have an impact to the neighboring regions. The estimation results of spatial cross-regressive model using fixed effect method consistently confirmed that the Indonesian economy in the long term will likely converge with a speed of 8.08 percent per year. Other findings are road infrastructure has a positive effect on economic growth and investment and road infrastructure are spatially showed a positive effect on economic growth. In other words, the investment and infrastructure of a region does not only affect the economic growth of that region but also to the economy of the contiguous regions. 

Growth and Social Capital: Empirical Analysis of the Relationship

2019 ◽  
pp. 128-134
Author(s):  
Ksenia V. Bagmet
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Economic Development ◽  
Social Development ◽  
Empirical Analysis ◽  
Panel Data Analysis ◽  
Well Being ◽  
Developed Countries ◽  
International Institute ◽  
Level Of Economic Development

The article provides an empirical test of the hypothesis of the influence of the level of economic development of the country on the level of development of its social capital based on panel data analysis. In this study, the Indices of Social Development elaborated by the International Institute of Social Studies under World Bank support are used as an indicators of social capital development as they best meet the requirements for complexity (include six integrated indicators of Civic Activism, Clubs and Associations, Intergroup Cohesion, Interpersonal Safety and Trust, Gender Equality, Inclusion of Minorities), comprehensiveness of measurement, sustainability. In order to provide an empirical analysis, we built a panel that includes data for 20 countries divided into four groups according to the level of economic development. The first G7 countries (France, Germany, Italy, United Kingdom); the second group is the economically developed countries, EU members and Turkey, the third group is the new EU member states (Estonia, Latvia, Lithuania, Romania); to the fourth group – post-Soviet republics (Armenia, Georgia, Russian Federation, Ukraine). The analysis shows that the parameters of economic development of countries cannot be completely excluded from the determinants of social capital. Indicators show that the slowdown in economic growth leads to greater cohesion among people in communities, social control over the efficiency of distribution and use of funds, and enforcement of property rights. The level of tolerance to racial diversity and the likelihood of negative externalities will depend on the change in the rate of economic growth. Also, increasing the well-being of people will have a positive impact on the level of citizens’ personal safety, reducing the level of crime, increasing trust. Key words: social capital, economic growth, determinant, indice of social development.

Reign of Arrows

2020 ◽  
Author(s):  
Nikolaus Leo Overtoom
Keyword(s):  
Middle East ◽  
International Relations ◽  
Ancient World ◽  
World State ◽  
State Security ◽  
Central Asian ◽  
International Environment ◽  
Hellenistic World ◽  
Material Evidence ◽  
Comprehensive Study

From minor nomadic tribe to major world empire, the story of the Parthians’ success in the ancient world is nothing short of remarkable. In their early history, the Parthians benefited from strong leadership, a flexible and accommodating cultural identity, and innovative military characteristics that allowed them to compete against and indeed eventually overcome Greek, Persian, Central Asian, and eventually Roman rivals who were often more powerful. Reign of Arrows provides the first comprehensive study dedicated entirely to early Parthian history within the Hellenistic world prior to contact with Rome and the first comprehensive effort since 1938 to evaluate early Parthian political history. It is a major effort to synthesize a wide array of especially recent scholarship across numerous fields of study in order to present the reader with the most cogent, well-rounded, and up-to-date account of the intersections of Hellenistic and Parthian history possible. It draws on a wide variety of sources to explain the political and military encounters that shaped the international environment of the Hellenistic Middle East from the middle third to the early first centuries BCE. This study treats broader issues of international relations in the ancient world, state decision-making, royal identity and ideology, evolving spatial perspectives and power relations, and state security concerns. It combines traditional historical approaches, such as source criticism and the integration of material evidence, with the incorporation of modern international relations theory to better examine the rise of the Parthians to dominance over the ancient Middle East.

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