scholarly journals The Effect of Globalization On Foreign Trade and Investment in Eurasian Countries

2012 ◽  
Author(s):  
Ahmet İncekara ◽  
Mesut Savrul
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Foreign Trade ◽  
World Bank ◽  
The World ◽  
Investment Structure ◽  
Economic Institute ◽  
Trade And Investment ◽  
Scientific Fields

Globalization includes a comprehensive transformation in technological, economic, politic and scientific fields and it's largest impact has been on developing countries is acceleration of liberalization of foreign trade and investment. Regarding foreign trade and investment is vital for economic growth of developing countries such as Eurasian countries which are lack of capital to support their growth, the effects of globalization come into prominence. In this study how the globalization movements have affected trade and investment structure of the region is assessed. The data is collected from KOF Swiss Economic Institute, World Bank and UNCTAD. The results have shown that although trade and investment relations with the rest of the world, they are still limited within the region and stronger economic integrations are necessary to develop them.

scholarly journals How to be an Asian Tiger

1997 ◽  
Vol 2 (2) ◽  
pp. 87-108
Author(s):  
Anis Alam
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
World Bank ◽  
Developed Countries ◽  
Small Country ◽  
The World Bank ◽  
Asian Tiger ◽  
The World ◽  
The Republic ◽  
Industrialised Countries

In 1995 the Republic of Korea (ROK) was officially admitted to the Organisation for Economic Cooperation and Development (OECD). This organisation groups together industrially developed countries of the world. Recently, the World Bank has also released a study of China that predicts that China is going to become the second biggest economy in the next fifteen years if its economic growth follows the pattern of the last fifteen years. ROK is the only country from among the developing countries to join the ranks of the developed industrialised countries in the last thirty years. However, it is still a small country compared to China. Hence when China completes its transformation into an industrialised country the whole world will be affected.

Conference on the Role of Industrialisation in Developing Countries

1964 ◽  
Vol 2 (3) ◽  
pp. 440-442
Author(s):  
Ronald Robinson
Keyword(s):  
Developing Countries ◽  
United Nations ◽  
World Bank ◽  
Business Executives ◽  
Agricultural Revolution ◽  
The World Bank ◽  
The World ◽  
The United Nations

At the fourth Cambridge conference on development problems, the role of industry was discussed by ministers, senior officials, economic advisers, and business executives, from 22 African, Asian, and Caribbean countries, the United Nations, and the World Bank. Have some, if not all, of Africa's new nations now reached the stage when it would pay them to put their biggest bets on quick industrialisation? Or must they go on putting most of their money and brains into bringing about an agricultural revolution first, before striving for industrial take-off? These questions started the conference off on one of its big themes.

Rebuilding the World Economy: America's Role in Foreign Trade and Investment.

1949 ◽  
Vol 64 (1) ◽  
pp. 118
Author(s):  
Antonin Basch ◽  
Norman S. Buchanan ◽  
Friedrich A. Lutz
Keyword(s):  
Foreign Trade ◽  
World Economy ◽  
The World ◽  
Trade And Investment

Democracy and Development

1997 ◽  
Vol 46 (3) ◽  
pp. 635-643 ◽  
Author(s):  
Ibrahim F. I. Shihata
Keyword(s):  
Economic Growth ◽  
World Bank ◽  
Broad Sense ◽  
Strict Sense ◽  
The World Bank ◽  
The World ◽  
Definition Of

This note addresses the possible correlation between “democracy” and “development”, and the implications, if any, of such a correlation for the World Bank. This calls, first, for providing a definition of the two concepts as they are used here. To clarify the matter further, a distinction is made from the beginning between “development” in the broad sense and the concept of “economic growth” in the strict sense.

Leveraging Broadband for e-Government and Development in Africa

2015 ◽  
pp. 569-591
Author(s):  
Stephen Kwamena Aikins
Keyword(s):  
Economic Growth ◽  
Best Practices ◽  
World Bank ◽  
Development Bank ◽  
African Development ◽  
Mobile Broadband ◽  
The World Bank ◽  
The World ◽  
Substantial Progress ◽  
African Development Bank

This study investigated the extent and benefits of Africa's broadband connectivity, its impact on e-government and economic growth, and the challenges and best practices for addressing them. Studies by the UN and ITU over the years have revealed Africa lags behind in the global broadband connectivity and e-government diffusion. The Connect Africa summit held in 2007 by the ITU and its partners came out with five specific goals to connect the continent and help improve its economy. This study reviewed the Connect Africa Outcomes Report, and analyzed the publications of three independent studies conducted by: a) the ITU, b) the World Bank and the African Development Bank, and c) Informa Telecoms and Media. The findings reveal that Africa has made substantial progress in international connectivity and mobile broadband penetration. Additionally, broadband connectivity has contributed toward some improvements in e-government initiatives and economic growth. The study concludes with recommendations to address the existing challenges to consolidate the gains made.

Economic African Development in the Context of FinTech

2020 ◽  
pp. 273-289
Author(s):  
Youssra Ben Romdhane ◽  
Sahar Loukil ◽  
Souhaila Kammoun
Keyword(s):  
Economic Growth ◽  
World Bank ◽  
Least Square ◽  
National Accounts ◽  
African Countries ◽  
The World Bank ◽  
Digital Infrastructure ◽  
Wide Range ◽  
The World ◽  
Data Files

The purpose of this chapter is to analyze the effect of FinTech and political incertitude on economic growth through a multiple regression. Thus, the authors employ the method of generalized least square (GLS) with panel data. The sample concerns 21 African countries during (2001-2014-2017). The authors use a wide range of measures from Global Findex Database 2017, the World Bank platform, the World Bank national accounts data, and the OECD National Accounts data files base in the context of Africa. Empirical results show that FinTech is a driver of economic growth unless it is actively used in a developed digital infrastructure. In fact, the authors prove that, when financial technologies are used in both transactions (receive and made digital payment), they significantly contribute to the economic cycle. Passive use like simple consumption actions are not a significant lever for the economy. The principal contribution is to highlight that the active use of financial innovations and not passive one and the developed digital infrastructure do promote economic growth in African countries.

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