The Role of Technology to Achieve Sustainable Economic Development in Africa

2016 ◽  
Vol 4 (2) ◽  
pp. 30-41
Author(s):  
Sally M. Farid
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
African Countries ◽  
Potential Growth ◽  
Annual Series ◽  
Development Indicators ◽  
Telecommunications Infrastructure ◽  
Sustainable Economic Development ◽  
The World

Objective - The purpose of this paper is to study how the technological innovation can achieve and promote sustainable development particularly in Africa. It considers forms of innovation technology that could enhance sustainable development. Methodology/Technique - The data used in this paper includes 54 African countries and the study period is from 2000 to 2014, using data on IT that measures the stock of telecommunications infrastructure as telecommunications investment. The GDP series represents annual real GDP in the prices of 2000. Annual series for IT and GDP were collected from the World Development Indicators of the World Bank database in 2015. Findings - The paper presents the concept and strategies of Sustainable Economic Development, discusses existing technologies in sustainable development, shows the role of technology in sustainable development, and presents the information and communication technology to promote economic development in Africa and the obstacles to set up policies for innovation technology in Africa. Novelty - The results have major implications. Firstly, the access to telecommunications services contributes towards economic growth. Secondly, an appropriate regulatory environment is necessary to realize the potential growth in telecommunications demand generated by increased income. Type of Paper - Empirical Keywords: Technology; Sustainable Economic Development; ICT in Africa.

scholarly journals Key Role of Education in the Framework of Achieving the Goals of Sustainable Economic Development

2019 ◽  
Vol 4 (3) ◽  
pp. 43-45
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Economic Development ◽  
Labor Market ◽  
Young People ◽  
Economic Life ◽  
Business Activity ◽  
Level Of Education ◽  
The World

The article is devoted to the goals of sustainable development aimed at achieving economic growth in the world, creating conditions for stimulating the economy in order to expand the boundaries of business activity of young people, achieve the principles of competitiveness and the demand for specialists in the labor market. It is proved that the favorable criteria for economic achievements are the level of education of the population, its mobile susceptibility to critical thinking and self-motivation. Attention is focused on the key importance of education necessary for sustainable development, ensuring the formation of citizens' knowledge, skills, attitudes and values for their active participation in social and economic life.

scholarly journals Migration as a Factor of the Sustainable Economic Development

2020 ◽  
Vol 9 (1) ◽  
pp. 380
Author(s):  
Petro Kurmaiev ◽  
L. Seliverstova ◽  
L. Seliverstova ◽  
N. Husarevych ◽  
P. Kolisnichenko
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Immigration Policy ◽  
Sustainable Development Goals ◽  
Donor Country ◽  
Skilled Workers ◽  
Sustainable Economic Development ◽  
The World ◽  
Development Goals ◽  
The Impact

The problem of the interplay between migration and the achievement of the sustainable development goals is one of the main topics in modern scientific debate. The theoretical basis of the study is the understanding of migration as a continuous process caused by the interaction of a complex of factors, the result of which is the formation of a new quality globalized society. The methods used were: Comparative analysis and Content analysis. The authors note that the effectiveness of national policies depends significantly on the extent to which global migration trends are taken into account. The main factors that determine the dynamics of migration flows are identified in the article. The dominance of economic and security-humanitarian motives for migration is mentioned. It is noted that modern migration processes as a whole have a positive impact on the achievement of sustainable development goals. In modern world, migration is the driver of the country's demographic, economic and socio-cultural situation. For most countries in the world, the main objectives of immigration policy are to meet the need for labor, balance the labor markets, reduce the rate of depopulation and an aging population. The research made it possible to identify the types of immigration policy of governments of the world countries and their characteristics. The authors indicate that 73% of governments search to increase or maintain the current level of immigration of highly skilled workers. The thesis is substantiated that the impact of migrants on the wages of highly skilled workers in the country of destination is minimal. The impact of emigration on the socio-economic situation of the donor country is analyzed. The study found that emigration alone is not a destructive factor for the donor country. Significant deterioration in the country is influenced by a set of factors, among which migration is only one of them.  Keywords: migration, sustainable economic development, donor-countries

scholarly journals Assessment of the EU and Ukraine Economic Security and Its Influence on Their Sustainable Economic Development

2020 ◽  
Vol 12 (18) ◽  
pp. 7692 ◽  
Author(s):  
Inna Gryshova ◽  
Mykola Kyzym ◽  
Irina Hubarieva ◽  
Viktoriia Khaustova ◽  
Anatoly Livinskyi ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
National Economy ◽  
Economic Security ◽  
Sustainable Economic Development ◽  
External Threats ◽  
National Economic ◽  
The World ◽  
The Impact ◽  
The Eu

The article proves that security of the national economy characterizes the ability of the country to withstand the destabilizing effects of various internal and external threats and to ensure its sustainable development. The study is carried out in the following stages: Diagnosing threats to security of the national economy → assessing the level of economic security of countries of the world → clustering countries of the world according to the level of economic security → modelling the impact of the national economic security on sustainable economic development of a country → forming measures to ensure security of a country’s economy. The basis for assessing the level of economic security of a country is a hierarchically constructed system of indicators, including composite, complex, and sub-indicators. The assessment of the level of economic security is carried out on the basis of international indices and rankings. The analysis of the correlation between the level of GDP per capita and individual indicators included in the composite indicator of economic security made it possible to identify those that should become the primary concerns of governments in order to enhance economic security as well as increase the level of GDP and ensure sustainable development of countries.

scholarly journals Connecting Growth with Development and Income with Sustainability, Education, and Employment of Global Powerhouses - A SEDA Perspective

2020 ◽  
Vol 9 (1) ◽  
pp. 18-27
Author(s):  
Pallabi Mukherjee ◽  
Kali Charan Modak ◽  
Jolly Sushma
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Well Being ◽  
School Enrollment ◽  
Electricity Production ◽  
World Population ◽  
High Positive Correlation ◽  
Sustainable Economic Development ◽  
The World ◽  
Development Assessment

Purpose: This paper aims to depict the recent initiation to evaluate the efficiency of a nation in converting wealth to well-being in terms of Sustainable Economic Development Assessment scores (SEDA) specially analyzed for the global powerhouse countries accommodating 78% of the world’ population and 87% of countries income.Design/Methodology/Approach: SEDA (Sustainable Economic Development Assessment) measures sustainable development with three broad dimensions: economic, sustainability, and environment. The analysis is carried out by plotting a four-quadrant matrix chart to compare some macro-economic fundamentals.Countries Considered: 36 Powerhouse countries of the world (78% of the world’s population and 87% of countries’ income).Variables Considered: GDP/Capita, Wealth to well-being coefficient, SEDA score, employment (Employment has unemployment and employment to population ratio 15 plus), education (school enrollment, tertiary, years of school primary to tertiary, teacher-pupil ratio primary and an average of math and science score), equality (Gini index, inequality in education and inequality in life expectancy) and finally environment (air quality, terrestrial and marine protected areas, carbon dioxide intensity and electricity production from renewable sources).Findings: The analysis depicts how good a country is in converting their wealth to well-being. The countries that have started well do not necessarily have depicted outstanding progress in Sustainable economic development assessment. Some countries are good in growth and increasing their developmental scores (keeping in mind BCG identified parameters of sustainable development). Further comparisons express a high positive correlation between GDP/Capita with education and equality. There is a very low degree of correlation between GDP/Capita and employment and a low correlation between GDP/Capita and environment. However, there is a negative correlation between Growth and development.Practical Application: Relation between GDP/Capita of countries and some important economic, investment, and sustainability dimensions to judge where a nation stands and what should be added as a prelim agenda to countries dashboard.

scholarly journals The Role of Zakat on Sustainable Economic Development by Rumah Zakat

2020 ◽  
pp. 355-370
Author(s):  
Selamat Muliadi
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Secondary Data ◽  
Community Empowerment ◽  
Economic Empowerment ◽  
The Sustainable Development ◽  
Sustainable Economic Development ◽  
Process Output ◽  
Development Goals

This study aimed to explain conceptual the role of Zakat on sustainable economic development by Rumah Zakat. Rumah Zakat is a philanthropic institution that manage zakat and other social funds through community empowerment programs. In running the program, including economic empowerment and socio health services are designed for these recipients. Rumah Zakat connection with the establisment of SDGs (Sustainable Development Goals) which is to help impoverished recipients economically and socially. The primary goal of Zakat on sustainable economic development, not only limited to economic variables, but based on Islamic principles has comprehensive characteristics. The characteristics includes moral, material, spiritual and social aspects. In other words, sustainable economic development is closely related to improving people living standar. The purpose of this study was to identity the role of Zakat on sustainable economic development, which was applied by Rumah Zakat. This study used the descriptive method and qualitative analysis. The data source was secondary data collected from documents and texts related to the research topic, be it books, articles, newspapers, journals or others. The results showed that the role of zakat on sustainable economic development by rumah zakat has been quite good and in accordance with the principle of Islamic economics. The contribution of the program productive implementation has been aligned with four goals in the sustainable development i.e. Senyum Juara, Senyum Lestari, Senyum Mandiri and Senyum Sehat. Performance of Rumah Zakat in the sustainable economic empowerment community taking into account dimensions such as input, process, output and outcome.

scholarly journals The Role of Manufacturing in Sustainable Economic Development: A Case of Guangzhou, China

2018 ◽  
Vol 10 (9) ◽  
pp. 3039 ◽  
Author(s):  
Wei Li ◽  
Desheng Xue ◽  
Xu Huang
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Economic Life ◽  
Structured Interviews ◽  
World Cities ◽  
Economic Dimension ◽  
Positive Effects ◽  
Sustainable Economic Development ◽  
Grounded Theory Method

Economic development is the natural requirement of urban sustainability. Faced with uncertainty in society, including economic crisis and risk, the ability to reduce the stress and increase the security of economic life should be considered. World cities, deeply impacted by globalization and urbanization, deserve more attention with respect to the economic dimension of sustainable development. This study explored the role of manufacturing in the sustainable economic development of world cities, based on research in Guangzhou, China. This paper applies the grounded theory method, whereas data collection was performed through in-depth semi-structured interviews and field observations. This research found industrial interactions between manufacturing and a variety of relevant advanced producer services facilitate industrial upgrading and diversity, which exert positive effects on the city’s economic dimension of sustainable development.

The Role of Institutions in the Discourse of Sustainable Development in West African Countries

2021 ◽  
pp. 15-27
Author(s):  
Alhassan Abdulwakeel Karakara ◽  
Evans S. Osabuohien
Keyword(s):  
Sustainable Development ◽  
Co2 Emissions ◽  
West African ◽  
Policy Implications ◽  
Method Of Moment ◽  
African Countries ◽  
Development Indicators ◽  
World Governance Indicators ◽  
Using Data

There are few studies on the role of institutions in achieving sustainable development that infer that these institutions offer the mechanisms for resource and environmental management. Thus, twelve West African countries (Benin, Burkina Faso, Cote d'Ivoire, Gambia, Ghana, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo) are covered in the study using data from World Development Indicators and World Governance Indicators. Six main outcome variables are used. These are CO2 emissions per capita, CO2 emissions from electricity and heat production, CO2 emissions from liquid fuel consumption, CO2 emissions from manufacturing and construction, total greenhouse gas emissions (kt of CO2 equivalent), and CO2 intensity. A two-step generalised method of moment (GMM) found that governance effectiveness and regulatory quality as curtails the rate of CO2 emissions. Policy implications are discussed.

scholarly journals IMPLEMENTATION OF THE FINANCIAL STRATEGY FOR SUSTAINABLE ECOLOGICAL AND ECONOMIC DEVELOPMENT IN THE AGRICULTURAL SECTOR

2021 ◽  
Vol 4 (39) ◽  
pp. 578-586
Author(s):  
O. Kinzerska ◽  
О. Garafonova ◽  
Yu. Kravchyk ◽  
A. Ivanko ◽  
А. Prystupa
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Public Management ◽  
Agricultural Sector ◽  
Social Innovation ◽  
Social Systems ◽  
National Level ◽  
Financial Strategy ◽  
Sustainable Economic Development ◽  
The World

Abstract. The concept of sustainable development is the main global challenge of the XXI century. The adoption of sustainable development goals at the UN Summit in 2015 outlined key strategic and operational goals for the world community until 2030. The conceptual goals of sustainable development of economic and social systems declared at the international level require the state authorities of the world to implement national strategies and relevant development programs. The article outlines the features of the paradigm of sustainable development for the agricultural sector, which are due to the importance of balanced functioning of economic, environmental, social, innovation and investment and the system of foreign economic relations of the agro-food sector in the economic complex of Ukraine. The economic, ecological and social expediency of the development of the agro-industrial branch is outlined. The advantages of the financial strategy as a holistic system, strategic and operational goals of the transition to integrated economic, social and environmental development of the country by 2030, which provides sustainable economic development in the agricultural sector for productive regional development and requires a defined national and regional program of stable functioning of the agricultural sector. It is investigated that the key tasks of sustainable economic development of Ukraine's agricultural sector are a fundamentally new structural policy, building its own food potential, overcoming the energy crisis, forming an effective institutional policy in the system of public management of sustainable agricultural development in the regional dimension. The author's structural scheme of grouping of objects and factors of management of sustainable development of the agricultural sector is offered. The sequence of assessing the level of sustainable development of the agricultural sector of Ukraine in the regional dimension is illustrated and determined in order to further the long-term implementation of the financial strategy of sustainable development at the national level. Keywords: strategy, financial strategy, sustainable development, sustainable economicdevelopment, agricultural sector.JEL Classification Q01, Q13, Q18Formulas: 0; fig.: 3; tabl.: 0; bibl.: 12.

scholarly journals WATER-RESOURCES COMPLEX FOR SUSTAINABLE DEVELOPMENT: PROBLEMS OF DISTRIBUTION AND WATER SHORTAGE

2017 ◽  
pp. 61-67
Author(s):  
Vasyl Faifura
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Water Resources ◽  
Water Supply ◽  
Water Shortage ◽  
Economic Problems ◽  
Water Factor ◽  
Social And Economic Development ◽  
The World

The article deals with the current problems of providing water resources to the countries of the world and regions of Ukraine, emphasizes the role of the water factor in ensuring further social and economic development. Issues of water shortage and related political, social and economic problems are considered. The regional aspects of the world and national distribution of water resources are considered, an assessment of the water supply of the regions of the country available to the use of water resources.

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