scholarly journals Political Economy of Fiscal Policy in Pakistan

2003 ◽  
Vol 8 (1) ◽  
pp. 1-23
Author(s):  
M. Abdul Mateen Khan
Keyword(s):  
Economic Growth ◽  
Full Employment ◽  
Underdeveloped Country ◽  
The State ◽  
Price Stability ◽  
Short Term ◽  
Role Of The State ◽  
Policy Objectives ◽  
Term Performance

In an underdeveloped country, the state regulates not only the short- term performance of the economy but also its path of development. Such an overwhelming role of the state derives its justification from the very nature of underdevelopment itself. Economics and economists are usually concerned with policy, with a view to determining as to what policies are appropriate in a given economic situation to attain policy objectives such as economic growth, full employment, price stability, redistribution of income and wealth. But adopted policies are often not the policies that economists recommend as the best or even the second best.

Mexico's Pre-Revolutionary Reckoning with Railroads

1985 ◽  
Vol 42 (1) ◽  
pp. 1-28 ◽  
Author(s):  
Robert W. Randall
Keyword(s):  
Economic Growth ◽  
Economic Theory ◽  
Transportation Network ◽  
Underdeveloped Country ◽  
Role Of The State ◽  
Economic Interpretation ◽  
Short Run ◽  
Railway System ◽  
Economic Considerations

Economic considerations all but dominate recent historical writing in this country about the railroads of Mexico. Technical matters of construction and operation, as well as the role of the state in both, are touched upon, but economic interpretation, whether of the development of a railway system or of its impact on the nation, is the watchword if not catchword of most writing. Probably the leading example of the dominant approach is Growth against Development: The Economic Impact of Railroads in Porfirian Mexico (Northern Illinois University Press, 1981), by John H. Coatsworth, in which the author concludes that, while “the short run contribution of railroads to economic growth was large,” their longrun impact helped “to create the underdeveloped country Mexico has become.” Applying economic theory and measuring, Coatsworth in essence proves with numbers a case argued more elegantly in straight prose early in this century: that the application of a modern transportation network to a staple producing economy will do little more than extend and intensify the production system so as to increase the staple output.

scholarly journals THE CONCEPT OF ECONOMIC SECURITY OF THE STATE AS AN OBJECT OF ADMINISTRATIVE AND LEGAL PROTECTION: THEORETICAL AND METHODOLOGICAL ASPECTS

2019 ◽  
pp. 76-82
Author(s):  
V.I. Melnik
Keyword(s):  
Legal Protection ◽  
Legal Framework ◽  
Economic Security ◽  
The State ◽  
Short Term ◽  
Basic Law ◽  
Role Of The State ◽  
Methodological Aspects ◽  
Further Development

The article is devoted to the problems of studying and researching the concept of economic security of the state as an object of administrative and legal protection. Attention is drawn to the fact that one of the important tasks in modern administrative law is the question of defining the concept of a particular subject, process, thing, or another object of scientific interest. It is believed that this will help to avoid various often logical formulations of it, likely to develop unified approaches to understanding its essence, in particular, and for possible further scientific research on improving the existing state system of ensuring the economic security of Ukraine, etc. It is emphasized on the undisputed importance of all legal assistance to the proper functioning of the economic security of the state. First of all, it was emphasized that it is connected with the desire for real independent further development of the country in the conditions of complex political and legal transformations and territorial changes in the recent past, as well as the dynamic course of active globalization processes and strengthening of the tangible destructive influence of existing and emergence. new devastating threats to the national economy in the present day, and obviously in the short term. It was established that the need for economic security was declared in the Basic Law and other documents that are important for the Ukrainian state. These acts also define (define) the range of subjects authorized to implement such a policy of the state, their competence, rights and obligations, legal guarantees, etc. At the same time, it is emphasized that the problem of defining the concept of economic security is important, given its multidimensionality, the lack of interpretation of the term precisely in the legislative documents, and, of course, its overstated importance for the modern country. Considering the priority role of the state in the issue of ensuring the economic security of Ukraine, it is pointed out that it is advisable to formulate such a definition in terms of administrative and legal science. In order to qualitatively solve the set scientific problem, the views of leading domestic and foreign scientists and scholars of the past and present are presented, as well as the relevant national legal framework is being worked out. Taking into account current legal realities, the opinions of scientists and scientists suggest the author’s interpretation of the concept of “economic security of the state”, just as an object of administrative and legal protection. Keywords: administrative and legal protection, security, the economic security of the state, the concept of economic security of the state, the concept of economic security of the state as an object of administrative and legal protection.

scholarly journals Investment in human capital as the basis for the country’s economic growth

2020 ◽  
Vol 164 ◽  
pp. 09046
Author(s):  
Ekaterina Nezhnikova
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
The State ◽  
Role Of The State ◽  
Modern Economic Growth ◽  
Multiplier Effect ◽  
Key Factor ◽  
Modern Economic ◽  
Sustainable Economic Growth

A key factor in modern economic growth is investment in people and in the development of human capital, as evidenced by the experience of many countries. Investments in human capital create conditions for sustainable economic growth, constant adaptation of the socio-economic structure to new areas of scientific and technological progress. In addition, investments in people form demand in many adjacent sectors, thereby causing a significant multiplier effect. Currently, the role of the state in this area is quite large. The role of the state is especially great in the most important spheres of the formation of human capital - in the field of education, health care and the allocation of research.

Policy Analysis in France

2018 ◽  
Keyword(s):  
Policy Analysis ◽  
Public Management ◽  
The State ◽  
Postgraduate Students ◽  
Role Of The State ◽  
Policy Objectives ◽  
Systematic Understanding ◽  
Comprehensive Study

Policy analysis in France lays the foundation for a more systematic understanding of policy analysis in the country. In doing so, the volume discusses the role of the State and its restructuring, processes of government and governance, and State-Society relationships and policies as both a process and an outcome. Through 18 chapters contributions focus on policymakers, their practices, ideas and discourses, how they engage in sustained relationships with a large variety of market and society actors, and the concrete devices they use in order to make policy objectives operational. This is a comprehensive study of policy analysis in France that will be valuable to academics and postgraduate students researching and studying a range of policy and public management areas.

Structural Changes in Chinese Economy: Progress and Challenges

2018 ◽  
Vol 10 (04) ◽  
pp. 49-59
Author(s):  
Yanrui WU
Keyword(s):  
Economic Growth ◽  
Structural Changes ◽  
Economic Restructuring ◽  
Chinese Economy ◽  
The State ◽  
Short Term ◽  
Development Goals ◽  
China’S Economy

This article presents a review of the progress in economic restructuring in the Chinese economy. It explores the role of consumption versus investment in economic growth, trends in inequality, growth of the state and non-state sectors, and balancing between short-term and long-term development goals. It also discusses the major challenges in China’s economy and hence Chinese policymakers’ possible responses in the coming decade.

16. Development

2017 ◽  
Author(s):  
Tony Addison
Keyword(s):  
Development Strategy ◽  
Development Policy ◽  
Poverty Reduction ◽  
The State ◽  
Market Mechanism ◽  
Economic Role ◽  
Role Of The State ◽  
Policy Objectives ◽  
The Relationship

This chapter examines development policy objectives and their explicit focus on poverty reduction. It first considers different definitions of development policy objectives before discussing the roles that the market mechanism and the state should play in allocating society’s productive resources. In particular, it looks at the economic role of the state as one of the central issues dividing opinion on development strategy and explains how rising inequality led to a backlash against economic liberalization. The chapter proceeds by exploring the relationship between economic growth and poverty reduction, along with the political difficulties that arise from economic reform. It also analyses the importance of transforming the structure of economies and the new global development landscape, including changes in development finance.

Economics, Inflation, and the Role of the State: Political Implications of the McCracken Report

1978 ◽  
Vol 31 (1) ◽  
pp. 108-128 ◽  
Author(s):  
Robert O. Keohane
Keyword(s):  
Full Employment ◽  
Policy Science ◽  
Price Stability ◽  
Sociological Analysis ◽  
Explanatory Theory ◽  
Ideological Bias ◽  
Economic Theories ◽  
Role Of The State ◽  
Political Implications

A recent report commissioned by the OECD, Towards Full Employment and Price Stability, represents an attempt by mainstream economists to account for world capitalism's economic difficulties during the 1970's, and to prescribe solutions. Although the report identifies the key sources of inflation and recession as political and social, it carefully analyzes only economic processes. Yet it makes a political argument: that democratic states must discipline their citizens more effectively in order to conform to the requirements of capitalism. This conclusion rests on unexamined normative assumptions, and fails to consider questions of political feasibility. The report is deficient both as explanatory theory (due to its political and sociological naivete) and as policy science (due to its pervasive ideological bias). Its weaknesses indicate the need for better political and sociological analysis to complement economic theories of inflation and recession.

Sign in / Sign up

Export Citation Format

Share Document