scholarly journals Globalized Inclination to Acquire Knowledge and Skills Toward Economic Development

2021 ◽  
Vol 18 ◽  
pp. 1349-1369
Author(s):  
Grigorios L. Kyriakopoulos
Keyword(s):  
Economic Development ◽  
Economic Recession ◽  
Point Of View ◽  
Economic Systems ◽  
Skills Acquisition ◽  
Highly Qualified ◽  
Cultural Characteristics ◽  
Knowledge And Skills ◽  
E Learning ◽  
The Impact

In an era of economic recession and the divulged threats of COVID-19 pandemic in the world a highly impacting socio-economic activity is the education sector. The operational difficulties of companies and organizations, as well as the closure of universities, schools, training courses, are all affecting the entrepreneurial and the learning progress on using workers time and learners facilities to develop their knowledge and to build up their skills. In particular, free time of institutions’ closure can become a golden opportunity for learning and progresses in virtual education while adopting e-learning modes of information technology (IT) and supporting the distribution of knowledge and information for training and education. Since the COVID-19 pandemic outbreak only few studies have been devoted on studying the impact of cultural characteristics, economic situations, skills and knowledge on the development and the wider human wellbeing. At this study the literature production of economic development was investigated in the light of the ignored, but critically important, issue of globalized inclination to acquire knowledge and skills. All essential aspects of economic systems and economic development within the COVID-19 era were approached, quantified, and graphically valuated, in the light of the following fields of literature search: “dynamic economic systems”, “economic development”, “knowledge skills”, and “globalization”. The measurable indicators of comparing these results were that of: chronological, geographical, languages of reports’ written, subject areas, and keywords, accordingly. Besides, the three domains of technology, environment – ecology, and socio-economics were conveyed, while the key-determinants of knowledge and skills acquisition were also analyzed. From a managerial point of view the simultaneous affection of cultural characteristics, economic simulations, skills and knowledge aspects were considered as positive and significant, thus, supporting managers to better understand the necessities of IT development and managing a highly qualified workforce to shift the thread of the COVID-19 era while performing feasible learning management to solidify workers’ education through formal and in-house education.

Is the USSR dead? Experience from the financial and economic crisis of 2008–2009

2013 ◽  
Vol 46 (1) ◽  
pp. 109-122 ◽  
Author(s):  
Mikhail Golovnin ◽  
Alexander Libman ◽  
Daria Ushkalova ◽  
Alexandra Yakusheva
Keyword(s):  
Economic Development ◽  
Soviet Union ◽  
Economic Crisis ◽  
Former Soviet Union ◽  
Point Of View ◽  
The Impact ◽  
Former Soviet Republics ◽  
Economic Linkages

The paper examines the economic linkages between the post-Soviet states from the point of view of the financial and economic crisis of 2008–2009. It aims to find out whether the interdependence between the countries of the former Soviet Union is still large enough that crises in individual countries affect the economic development in the neighboring states, and assesses the impact of the crisis itself on the linkages between the former Soviet republics. The evidence is mixed: while some channels of interdependence deteriorated over the last decade, others became more important, and some were even strengthened by the crisis itself.

Assessing the impact of cultural characteristics, economic situations, skills and knowledge on the development and success of cloud-based e-learning systems in the COVID-19 era

Kybernetes ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Luyan Teng ◽  
Qinyi Tan ◽  
Ali Ehsani
Keyword(s):  
Cloud Computing ◽  
Learning System ◽  
Educational Institutions ◽  
Cultural Characteristics ◽  
Content Type ◽  
Learning Platform ◽  
E Learning ◽  
Training Courses ◽  
The Impact ◽  
The Relationship

PurposeOne of the most significant threats of COVID-19 in the world is the closure of universities, schools, training courses and even companies and organizations. In such a situation and with the free time that has arisen, this threat of education closure can become a golden opportunity for learning and progress in virtual education. E-learning uses information technology (IT) to distribute knowledge and information for training and education. Also, cloud computing is a technology utilized in the IT domain. It can be employed in performing e-learning. Therefore, the main goal of this study is to assess the impact of cultural characteristics, economic situations, skills and knowledge on the development and success of CELS in the COVID-19 era.Design/methodology/approachCloud-based e-learning system (CELS) provides all e-learning requirements like software and hardware resources to promote conventional e-learning technologies. The CELS stands on several factors of diverse aspects that have been of high significance in CELS success. So, these systems must be checked to analyze their significance rate and successfully carry out their effectiveness. On the other hand, these days, the 2019 coronavirus disease (COVID-19) changes our daily lifestyles. Therefore, the present investigation provides a new model investigating the development and success of CELS in the COVID-19 era. Also, an online questionnaire was used to gather the data. The content validity of the questionnaire was obtained by applying the opinions of ten experts from e-learning specialists. The collected data are analyzed using LISREL and Smart PLS software.FindingsThe results from the path coefficient and the sample t-test have implied that skills and knowledge positively influence CELS in the COVID-19 era. In addition, the relationship between cultural characteristics and CELS in the COVID-19 era has been positive and significant. The relationship between the economic situations and the CELS in the COVID-19 era is positive and significant.Practical implicationsThe proposed model helps managers get a big picture of CELS necessities and more effectively in the COVID-19 era. This research has a unique impact on universities to develop an e-learning platform to facilitate the education process in the COVID-19 era. It provides guidelines for educational institutions to effectively implement the learning management system to facilitate students' education.Originality/valueCELS are getting increasingly essential to offer training courses more efficiently in educational institutions. Although the intersection between cloud computing and e-learning has increasingly grown in both practical and academic contexts, few studies on the impact of cultural characteristics, economic situations, skills and knowledge on the development and success of CELS in the COVID-19 era. This paper explores the ignored but critically important subject of CELS. This paper's main contribution is to present a new and integrated model containing the essential aspects of the development and success of CELS in the COVID-19 era. The proposed framework comprises cultural characteristics, economic situations, skills and knowledge aspects simultaneously, as well as sub-criteria denoting each element.

ENHANCING THE RESILIENCE OF NETWORKED AGENTS THROUGH RISK SHARING

2013 ◽  
Vol 16 (04n05) ◽  
pp. 1350006 ◽  
Author(s):  
AKIRA NAMATAME ◽  
HOANG ANG Q. TRAN
Keyword(s):  
Risk Sharing ◽  
Large Scale ◽  
Point Of View ◽  
Dark Side ◽  
Economic Systems ◽  
External Shocks ◽  
Dangerous Place ◽  
Design Systems ◽  
System Resilience ◽  
The Impact

Since social-economic systems increase interdependency, a crucial question arises: Is an interconnected world a safer or a more dangerous place to live? Over the last few years, we have witnessed the dark side of increasing interdependencies. As such, there is a growing need to focus on how to mitigate networked risk and to enhance the system resilience to the impact of a large-scale shock. The traditional engineering approach has been to design systems that are less vulnerable to damage from hazard events. On the other hand, system resilience is the ability to recover from failure and provide the continuity of system function. The goal of the present paper is to investigate the gain from risk sharing. We propose a mechanism of risk sharing that may enhance the resilience of the networked systems. The proposed risk sharing protocols are based on coordinated incentives of agents to survive collectively by absorbing external shocks. The key issue we would like to analyze is how the gain from risk sharing depends on the capacity of each agent to absorb shock and on the interconnections patterns among agents with risk sharing rules. We demonstrate that risk sharing is beneficial from a systems point of view when the agents' capacities to shocks is high and detrimental when it is low. In particular, we evaluate the effectiveness of risk sharing in two domains. In the first domain, in which networked agents have the possibility of cascading failure, risk sharing is useful in mitigating systemic failure, especially if the agents are running at high load. In the second domain, we evaluate the ratio of safe agents who invest in risky portfolios or projects collectively. In this case, risk sharing is only beneficial if the agents' risk absorbing capacity is high.

scholarly journals Development of innovation and investment potential of the industrial sector

2019 ◽  
pp. 5-11
Author(s):  
Iryna Anatoliivna Markina ◽  
Serhii Mykolaiovych MARCHYSHYNETS
Keyword(s):  
Economic Development ◽  
Manufacturing Sector ◽  
System Development ◽  
Complex Form ◽  
Decisive Role ◽  
Industrial Sector ◽  
Point Of View ◽  
Investment Policy ◽  
Stage Of Development ◽  
The Impact

Introduction. The main catalyst for effective transformations in the industrial sector of the economy is innovation and investment policy, which aims to increase the potential, namely the capacity of the manufacturing sector of the Ukrainian economy. The innovation and investment potential closely reflect the objectively existing possibility of socio-economic development of the human system. The purpose of the article is to clarify the basic principles and approaches that reflect the innovation and investment potential and the essence of innovation and investment development. Results. The state ideology in the field of innovation and investment policy is considered. A generalization of the concept of “development” of the philosophical point of view is presented. The decisive role of development in understanding the essence of everything is proved. The vector of development in terms of its regressive or progressive manifestation is considered. It is determined that the stages of development are the stages of system change, which include: appearance, upward stage of development, maximal development or maturity, regressive changes or downward stage, disintegration and death. The tendency of differentiation in socio-economic systems is determined. The essence of “becoming” as a stage in the system development is considered. The essence of the system's maturity is revealed. External and internal sources of system development are considered. On the basis of the theoretical generalization, the key properties of the concept of “development” are given: it acts as a form of constant movement forward from simple to complex form; the degree of development is determined by the influence of external and internal factors; the way of development of the system is determined by its basic motives, the degree of recognition by the system of objectively existing reality; development is possible if it’s provided by the quantitative parameters of the end goal; the form of its implementation is cyclical or spiral; analysis of development must be carried out in two directions of research: in the material and spiritual worlds. The definition of “innovation” is given. The essence of scientific and technological progress as a basis of economic development is considered and the vision of leading scientists-economists on this phenomenon is presented. Quantitative estimates of the impact of innovative GDP growth are provided. The quantitative contribution of various factors of economic growth of a market economy is given. Key words: management, enterprise, potential, innovations, investments, innovation and investment develop-ment.

scholarly journals Penerapan Aplikasi Classroom pada Mata Pelajaran Qur’an Hadits

2021 ◽  
Vol 4 (02) ◽  
pp. 221-235
Author(s):  
Moh. Miftakhul Huda ◽  
Ashif Az Zafi
Keyword(s):  
Data Collection ◽  
Descriptive Analysis ◽  
Field Studies ◽  
The Internet ◽  
Research Subjects ◽  
Knowledge And Skills ◽  
Data Collection Process ◽  
E Learning ◽  
Qualitative Descriptive ◽  
The Impact

E-learning is the use of learning media using the internet, to send a series of solutions that can increase knowledge and skills in using learning methods. In this study, the aim of this research is to determine the application of the classroom application in the Qur'an Hadith subject at MA NU Al Hidayah. This research also discusses the impact or factors related to the use of the classroom application. This research used a qualitative descriptive analysis type with the type of research in the form of field studies at the MA NU Al Hidayah School, followed by the data collection process, this study used documentation techniques and interviews with the teachers who taught the Qur'an Hadith subjects and some of their students. The research subjects were teachers of Qur'an Hadith subjects at MA NU Al Hidayah and some of their students. The research subjects were teachers of Qur'an Hadith subjects at MA NU Al Hidayah and some of their students. The results showed that: (1) this application is very influential in online learning. (2) there are obstacles that occur in learning. The effect of this research can overcome the obstacles that occur in ongoing learning or find new innovations for the future.

scholarly journals The Impact of FDI on Economic Development: The Case of Georgia

2020 ◽  
Vol 10 (2) ◽  
pp. 96-116
Author(s):  
Vakhtang Charaia ◽  
Archil Chochia ◽  
Mariam Lashkhi
Keyword(s):  
Economic Development ◽  
Multinational Enterprises ◽  
Point Of View ◽  
Foreign Direct Investments ◽  
Strategic Decisions ◽  
Comprehensive Picture ◽  
Local Host ◽  
The Impact

Abstract From the strategic point of view, not all foreign direct investments (FDI) are always positively benefiting the host economy, i.e. not all multinational enterprises (MnEs) are promoting local host economies. Even more, not all FDIs are equally beneficial to different sectors within the same economy. The fact is that fdi can impact different sectors in various ways, and the impact is not only based on the amount of fdi itself but on MnEs’ motivations and the peculiarities of the host economy, which can differ from country to county. in other words, only fdi numbers aggregated per year are not really giving a comprehensive picture of the situation and in many cases lead to incorrect strategic decisions, as it has happened in many countries, including Georgia.

scholarly journals Comparing the impact of three different experiential approaches to entrepreneurship in education

2020 ◽  
Vol 26 (5) ◽  
pp. 937-971 ◽  
Author(s):  
Martin Lackéus
Keyword(s):  
Value Creation ◽  
Venture Creation ◽  
Skills Acquisition ◽  
Entrepreneurial Education ◽  
Opportunity Identification ◽  
Teacher Interviews ◽  
Content Type ◽  
Knowledge And Skills ◽  
Survey Responses ◽  
The Impact

PurposeThree different pedagogical approaches grounded in three different definitional foundations of entrepreneurship have been compared in relation to their effects on students. They are: (1) “Idea and Artefact-Creation Pedagogy” (IACP), grounded in opportunity identification and creation, (2) “Value-Creation Pedagogy” (VaCP), grounded in value creation and (3) “Venture-Creation Pedagogy” (VeCP), grounded in organisation creation.Design/methodology/approachData were collected at 35 different sites where education was deemed to be entrepreneurial and experiential. A quantitative, smartphone app-based data collection method was used alongside a qualitative interview approach. 10,953 short-survey responses were received from 1,048 participants. Responses were used to inform respondent selection and discussion topics, in 291 student and teacher interviews. Comparative analysis was then conducted.FindingsThe three approaches resulted in very different outcomes, both in magnitude and in kind. VaCP had strong effects on entrepreneurial competencies, on student motivation and on knowledge and skills acquisition. VeCP had weaker effects on knowledge and skills acquisition. IACP had weak effects on all outcomes probed for. Differences were attributed to variation in prevalence of certain emotional learning events and to variation in purpose as perceived by students.Research limitations/implicationsVaCP could serve as an escape from the potential dilemma faced by many teachers in entrepreneurial education, of being caught between two limiting courses of action; a marginal VeCP approach and a fuzzy IACP one. This could prompt policymakers to reconsider established policies. However, further research in other contexts is needed, to corroborate the extent of differences between these three approaches.Originality/valueMost impact studies in experiential entrepreneurial education focus only on organisation-creation-based education. This study contributes by investigating entrepreneurial education that is also grounded in two other definitional foundations. Allowance has been made for novel comparative conclusions.

scholarly journals Quantifying the Economic Development Dynamics of a Country Based on the Lorenz Curve

2021 ◽  
Vol 24 (1) ◽  
pp. 55-65
Author(s):  
Romualdas Ginevičius ◽  
Joanicjusz Nazarko ◽  
Dainora Gedvilaitė ◽  
Zdzisława Dacko-Pikiewicz
Keyword(s):  
Economic Development ◽  
Lorenz Curve ◽  
Essential Feature ◽  
Two Dimensions ◽  
Point Of View ◽  
The Other ◽  
Alternative Methods ◽  
Complex Nature ◽  
The Lorenz Curve ◽  
The Impact

The welfare of a country depends on its economic development. In order to have the impact on it, we should have a possibility to quantitatively assess its situation at the desired point in time. Economic development, as a multifaceted and complex phenomenon, is reflected in two dimensions – intensity and uniformity. These mentioned above can be viewed as partial indicators of dynamics. Two main approaches to measuring development uniformity can be distinguished. In one of the cases, it is measured on the basis of an index that includes the main results of the country's economic development. In the other case, the values of the indicators reflecting all the essential development actions are combined in one appropriate way. From a scientific point of view, the second approach is more accurate as it allows for a better assessment of the complex nature of a country’s economic development. On the other hand, its application today is still problematic due to the fact that the models for this differ in terms of both the number and composition of indicators. For this reason, it is not possible to compare countries. Therefore, in international practice, the economic development of countries is measured by gross domestic product per capita (GDP). Based on GDP indicator, the method for the measurement of uniformity is proposed and the essence of which is the ratio of the length of the ideal trajectory of the development during the period under review to the length of the actual trajectory. Without ruling out the appropriateness of such an approach for assessing development uniformity, it makes sense to look for alternative methods. In this sense, methods that allow assessment of the extent of fluctuations of the phenomenon under consideration as an essential feature of development dynamics are suitable. These include the Gini coefficient, which is determined from the Lorenz curve.

scholarly journals The impact of labour quality on the country 's economic development in Singapore (Using Bloomberg L.P. information system data)

2020 ◽  
Vol 19 (1) ◽  
pp. 171-192
Author(s):  
Sergey Brovchak ◽  
Elena Dryukova
Keyword(s):  
Information System ◽  
Economic Development ◽  
Public Administration ◽  
Highly Qualified ◽  
Qualified Personnel ◽  
System Data ◽  
Innovation Economy ◽  
State Programs ◽  
The Impact ◽  
Russian Education

Russian education and state programs do not fully take into account the current and promising requirements of the modern labor market, taking into account its transformation in the conditions of increasing digitalization of processes. Setting priorities for education and public administration in the field of training and evaluation of highly qualified personnel for innovation economy based on the best world practices is an important task solved in this article.

The Plantation in Malaysian Economic Development

1981 ◽  
Vol 12 (2) ◽  
pp. 329-348 ◽  
Author(s):  
P. P. Courtenay
Keyword(s):  
Economic Development ◽  
Developed Countries ◽  
Economic Systems ◽  
Less Developed Countries ◽  
Cultural Characteristics ◽  
Agricultural Enterprises ◽  
Earning Capacity ◽  
Wide Range

Plantations, which originated as agricultural enterprises within colonial economic systems and which came to be established particularly in tropical dependencies, have occupied an equivocal position in the economic development philosophies and plans of less developed countries. Their colonial origin and their traditionally export-oriented and often mono-cultural characteristics have subjected them to a wide range of adverse criticism, despite their undoubted earning capacity.

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