First Nature Determinants in South American Industrial and Economic Development

Author(s):  
Massimiliano Cali

Following a recent line of research promoted by the Harvard Centre for International Development (and by Jeffrey Sachs in particular), the paper explores the relationship between first nature determinants (i.e.: natural geography) and economic as well as industrial development in South American countries before the implementation of the New Economic Model in the region. The historical and empirical analyses point to a significant influence of geographical characteristics on both the level of a country's economic development (particularly through climate and the degree of accessibility to the sea) and the level of a country's industrialisation (particularly through the population size and the ease of transportation) throughout the region. The results largely confirm the theoretical predictions and may bear significant policy implications for governments as well as for development actors.

2011 ◽  
Vol 4 (1) ◽  
pp. 40-64 ◽  
Author(s):  
T. M. Devine

The relationship between slavery, the slave trade and British economic development remains a contested field of eighteenth century history. This article examines one hitherto unexplored aspect of the subject, the significance, if any, of profits derived from the slave-based economies of the Atlantic in Scotland's Great Leap Forward in the later eighteenth century. It is argued that because of the distinctive nature of Scottish development, compared to that of England, and the intimate connections between Scotland and plantation economies the question does merit serious consideration. The article, however, supports the traditional view that slave trading direct from Scottish ports was very limited, although Scottish merchants and mariners were often heavily involved in slave trafficking from London, Bristol and Liverpool. The key Scottish link was with the tobacco and sugar trades, plantation ownership in the Caribbean and as merchants, physicians, attorneys and overseers in the plantation economies. It is argued that in terms of both capital transfers and market opportunities slavery can indeed be considered one of the factors facilitating development in Scotland and was possibly a much more significant influence north of the border than in the industrialisation of England.


1973 ◽  
Vol 67 (5) ◽  
pp. 198-205 ◽  
Author(s):  
David M. Trubek

It has been observed that the international development effort is a form of secular religion. If this is so, we can say that the salvation it aspires to is the realization of human rights. Thus it is no surprise that the doctrine and dogma of development work, appearing in the secular guise of “theory” and “policy,” are intimately concerned with the problem of the relationship between economic development and the ultimate goal of human rights.


2021 ◽  
Vol 22 (2) ◽  
pp. 818-827
Author(s):  
Jamal Wiwoho ◽  
Nugroho Saputro ◽  
Putra Pamungkas ◽  
Irwan Trinugroho ◽  
Moch. Doddy Ariefianto ◽  
...  

This paper investigates the relationship between fund reallocation on economic growth and poverty by using 1860 rural banks. Our quarterly data allow us to merge bank-level data and province level-data from 2010-2016. We find that loan-to-deposit ratio as our proxy of intermediation function could boost economic development. Our non-linear regression shows that too much finance reduces regional GDP growth but, in the long term, could help to reduce poverty. Our results provide some important policy implications that rural banks could contribute to economic development in a good way but should be highly supervised in terms of risk and competition.


2014 ◽  
pp. 147-153
Author(s):  
P. Orekhovsky

The review outlines the connection between E. Reinert’s book and the tradition of structural analysis. The latter allows for the heterogeneity of industries and sectors of the economy, as well as for the effects of increasing and decreasing returns. Unlike the static theory of international trade inherited from the Ricardian analysis of comparative advantage, this approach helps identify the relationship between trade, production, income and population growth. Reinert rehabilitates the “other canon” of economic theory associated with the mercantilist tradition, F. Liszt and the German historical school, as well as a reconside ration of A. Marshall’s analysis of increasing returns. Empirical illustrations given in the book reveal clear parallels with the path of Russian socio-economic development in the last twenty years.


2018 ◽  
Vol 14 (2) ◽  
Author(s):  
Sri Mahendra Putra Wirawan

Gross Regional Domestic Product (GRDP) which provides a comprehensive picture of the economic conditions of a region is indicator for analyzing economic region development. Another indicator that is no less important is inflation as an indicator to see the level of changes in price increases due to an increase in the money supply that causes rising prices. The success of development must also look at the income inequality of its population which is illustrated by this ratio. One of the main regional development goals is to improve the welfare of its people, where to see the level of community welfare, among others, can be seen from the level of unemployment in an area. To that end, in order to get an overview of the effects of GRDP, inflation and the ratio of gini to unemployment in DKI Jakarta for the last ten years (2007-2016), an analysis was carried out using multiple linear regression methods. As a result, together the relationship between GRDP, inflation and the Gini ratio is categorized as "very strong" with a score of 0.936, and has a significant influence on unemployment. Partially, the GRDP gives a significant influence, but inflation and gini ratio do not have a significant influence. GDP, inflation and the Gini ratio together for the last ten years have contributed 81.4% to unemployment in DKI Jakarta, while the remaining 18.6% is influenced by other variables not included in this research model, so for reduce unemployment in DKI Jakarta, programs that are oriented to economic growth, suppressing inflation and decreasing this ratio need to be carried out simultaneously. Keywords: GRDP, inflation, unemployment, DKI Jakarta, GINI ratio  


2017 ◽  
Vol 8 (1) ◽  
pp. 22-48 ◽  
Author(s):  
Iain Mackinnon

This article employs a new approach to studying internal colonialism in northern Scotland during the 18th and 19th centuries. A common approach to examining internal colonial situations within modern state territories is to compare characteristics of the internal colonial situation with attested attributes of external colonial relations. Although this article does not reject the comparative approach, it seeks to avoid criticisms that this approach can be misleading by demonstrating that promoters and managers of projects involving land use change, territorial dispossession and industrial development in the late modern Gàidhealtachd consistently conceived of their work as projects of colonization. It further argues that the new social, cultural and political structures these projects imposed on the area's indigenous population correspond to those found in other colonial situations, and that racist and racialist attitudes towards Gaels of the time are typical of those in colonial situations during the period. The article concludes that the late modern Gàidhealtachd has been a site of internal colonization where the relationship of domination between colonizer and colonized is complex, longstanding and occurring within the imperial state. In doing so it demonstrates that the history and present of the Gaels of Scotland belongs within the ambit of an emerging indigenous research paradigm.


2020 ◽  
Vol 18 (7) ◽  
pp. 1266-1285
Author(s):  
Sn.P. Mongush

Subject. This article explores the various aspects of the concept of Spatial Development. Objectives. The article aims to develop a conceptual basis for the spatial socio-economic development of the collaborating regions. Methods. For the study, I used the methods of comparative and statistical analyses. Results. The article shows how cooperation between the subjects of the Russian Federation increases the potential of economically united regions. Conclusions. When preparing national strategic planning documents, it is necessary to take into account the specifics of regions, their capacity, available resources, and focus on the relationship between regions.


1991 ◽  
Vol 30 (2) ◽  
pp. 213-217
Author(s):  
Mir Annice Mahmood

Foreign aid has been the subject of much examination and research ever since it entered the economic armamentarium approximately 45 years ago. This was the time when the Second World War had successfully ended for the Allies in the defeat of Germany and Japan. However, a new enemy, the Soviet Union, had materialized at the end of the conflict. To counter the threat from the East, the United States undertook the implementation of the Marshal Plan, which was extremely successful in rebuilding and revitalizing a shattered Western Europe. Aid had made its impact. The book under review is by three well-known economists and is the outcome of a study sponsored by the Department of State and the United States Agency for International Development. The major objective of this study was to evaluate the impact of assistance, i.e., aid, on economic development. This evaluation however, was to be based on the existing literature on the subject. The book has five major parts: Part One deals with development thought and development assistance; Part Two looks at the relationship between donors and recipients; Part Three evaluates the use of aid by sector; Part Four presents country case-studies; and Part Five synthesizes the lessons from development assistance. Part One of the book is very informative in that it summarises very concisely the theoretical underpinnings of the aid process. In the beginning, aid was thought to be the answer to underdevelopment which could be achieved by a transfer of capital from the rich to the poor. This approach, however, did not succeed as it was simplistic. Capital transfers were not sufficient in themselves to bring about development, as research in this area came to reveal. The development process is a complicated one, with inputs from all sectors of the economy. Thus, it came to be recognized that factors such as low literacy rates, poor health facilities, and lack of social infrastructure are also responsible for economic backwardness. Part One of the book, therefore, sums up appropriately the various trends in development thought. This is important because the book deals primarily with the issue of the effectiveness of aid as a catalyst to further economic development.


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