scholarly journals ROLE OF FIXED INVESTMENTS IN ECONOMIC GROWTH OF COUNTRY: LITHUANIA IN EUROPEAN CONTEXT

2008 ◽  
Vol 9 (1) ◽  
pp. 57-64 ◽  
Author(s):  
Vytautas Tvaronavičius ◽  
Manuela Tvaronavičienė
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Comparative Analysis ◽  
European Country ◽  
Current Level ◽  
Fixed Investment ◽  
Economic Activities ◽  
European Context

The paper aims to detect character of relationship between fixed investments and economic growth in Lithuania and predict plausible tendencies of further change of considered variables. In order to achieve the indicated task, authors concentrate themselves on two major questions. Firstly, quantitative relationships between investments into major areas of economic activities and Lithuanian economic growth are being estimated. Secondly, comparative analysis of Lithuanian pattern of investment and randomly taken developed European country is being performed. Authors seek to trace how the latter invested during its process of development. Concrete period of observation is being chosen taking into account the current level of Lithuanian economic development. Authors seek to trace plausible consistent patterns of development in terms of relationship between fixed investments and economic growth as countries develop. Obtained results might allow identifying the role of fixed investments, and, if to go further, facilitating forecasts of possible trends of fixed investment and corresponding economic growth.

scholarly journals ROLE OF RELIGIOUS BELIEFS AND PRACTICES INFLUENCE ON ECONOMIC DEVELOPMENT

2017 ◽  
Vol 1 (1) ◽  
pp. 37
Author(s):  
Cassan Kimani
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Political Parties ◽  
Religious Beliefs ◽  
Church Attendance ◽  
Religious Activities ◽  
Economic Activities ◽  
Beliefs And Practices ◽  
Football Clubs

Purpose: The purpose of the study was to determine the role of religious beliefs and practices on economic development on the Kenyan economy.Methodology: The study adopted a desktop research design.Results: Based on the past literature the study concluded that religious beliefs significantly influence economic development on the Kenyan economy. Religious Practices and Objections of Some Religious Groups to the economy were significantly related to the economic development on the Kenyan economy. Religion and religious activities can influence society in two ways. First, religious activities, such as church attendance, are social activities and thus comparable to meetings of football clubs, tennis clubs, scouts, political parties, etc. These meetings can be instruments for establishing networks that could be of use for economic activities in the region and could also be helpful for establishing trading relations with partners from other countries who belong to the same religious group. Such networks can stimulate economic growth         Policy Recommendation: Based on the study findings the study recommends that Religion and religious activities can influence society in two ways. First, religious activities, such as church attendance, are social activities and thus comparable to meetings of football clubs, tennis clubs, scouts, political parties, etc. These meetings can be instruments for establishing networks that could be of use for economic activities in the region and could also be helpful for establishing trading relations with partners from other countries who belong to the same religious group. Such networks can stimulate economic growth. The study also recommends that governments and religious stakeholder should work hand in hand to formulate policies that will motivate the Kenyan economy.

Government Financing of Economic Development Abroad

1950 ◽  
Vol 10 (S1) ◽  
pp. 92-105
Author(s):  
Rifat Tirana
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Economic Activities ◽  
Economic Cycles ◽  
The Great Depression ◽  
National Economic ◽  
The World ◽  
Government Financing ◽  
Liberal Societies

The financing of economic development became a major concern of governments in liberal societies and economies largely during or after the Great Depression of the early thirties and the economic debates of that period. At first the state was assigned the role of minimizing or eliminating economic cycles. Later this role was enlarged to include the guiding and promotion of national economic activities toward progressive económic growth. The instruments advocated and used for these purposes have been mainly financial. The revolution which has occurred in the nature and scope of these instruments is far from complete, especially in the underdeveloped areas of the world.

Non-standard functions and structures of ministries of finance under economic challenges: A case study of Western governments

2020 ◽  
Vol 26 (11) ◽  
pp. 2448-2471
Author(s):  
S.V. Anureev
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Comparative Analysis ◽  
Great Britain ◽  
Central Banks ◽  
Economic Recovery ◽  
Budget Process

Subject. This article examines the functions and management structures of central financial bodies and related parliamentary and governmental structures in Australia, Canada, Great Britain, Japan, Germany, France and Italy. Objectives. The article aims to identify non-standard functions and structures that go beyond the classical responsibility of finance ministries as a central part of the budget process arising from current economic challenges. Methods. For the study, I used a comparative analysis. Results. The article describes the important new functions of financial authorities and treasuries of Western governments aimed at economic growth and economic recovery. Conclusions. The organizational and management structures and functions of the ministries of finance go far beyond the budget process, overlap with and dominate the functions of central banks and ministries of economic development.

scholarly journals The role of diversity and tolerance in economic development

2021 ◽  
Author(s):  
Witold Kwasnicki
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Industrial Development ◽  
Evolutionary Process ◽  
Evolutionary Model ◽  
Industry Development ◽  
Radical Innovations ◽  
Long Run

AbstractThis paper presents an evolutionary model of industry development, and uses simulations to investigation the role of diversity and heterogeneity in firms’ behaviour, and hence industrial development. The simulations suggest that economic growth is increased with greater variety, in the sense of the evolutionary process approaching the equilibrium faster and also, in the long run, moving faster from one equilibrium to a new, more advanced, equilibrium. This occurs due to higher variety caused by a more tolerant environment, and due to the higher probability of emergence of radical innovations.

The Role of Entrepreneurial Performance in Supporting Economic Development of Countries: An Empirical Approach

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Valentina Diana Rusu ◽  
Angela Roman
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Social Progress ◽  
Entrepreneurial Performance ◽  
Panel Data Estimation ◽  
Positive Effects ◽  
National Competitiveness ◽  
Key Factor ◽  
Future Economic Development

Abstract Entrepreneurship is recognized as one of the factors stimulating economic growth and increasing economic competitiveness. In addition, the Europe 2020 Strategy has focused its attention on entrepreneurship as a key factor of economic growth, social progress, and employment. In this context, our study examines the role of entrepreneurial performance for sustaining the development of countries, focusing on a sample of European countries. We attempt to reveal if increasing entrepreneurial performance would have significant influence on improving the economic position of countries and their future economic development. Starting from the OECD-Eurostat Entrepreneurship Indicators Programme we use a set of entrepreneurial performance indicators as independent variables and examine to what extent they can influence competitiveness and economic growth, seen as dependent variables of the models. We focus on a period of 10 years (2008–2017) and we apply panel-data estimation techniques. Because the period considered includes the period of the last international financial crisis, we also include in our analysis a dummy variable. Our results emphasize that the changes in entrepreneurial performance play a significant role in enhancing national competitiveness and economic growth. Our findings contribute to the expansion of literature in the field by providing evidence on the correlation of indicators that measure entrepreneurial performance with national competitiveness and economic growth. Moreover, our findings point out the need of the policy makers to adopt measures and policies that help and stimulate entrepreneurs to become more performant because they can generate positive effects to the economy as a whole.

Efficiency Driven Effect of Education in China: The Perspective of Global Competitiveness and Graduate Education

2021 ◽  
Vol 1 (1) ◽  
pp. 36-43
Author(s):  
Jia Liu ◽  
Lun Li
Keyword(s):  
Higher Education ◽  
Economic Growth ◽  
Economic Development ◽  
Practical Significance ◽  
Education Policies ◽  
Global Competitiveness ◽  
Higher Education Policies ◽  
Level Of Economic Development ◽  
Education In China

Capital, natural resources, technology and education are often considered to be the most important factors in improving the level of economic development. China is in the "efficiency-driven" stage of economic development. There are objective laws in the development of education level and economic growth, but they interact with each other. Economic growth provides the foundation and necessary conditions for the development of education. At the same time, the role of education in promoting economic growth is also very obvious. Based on the perspective of postgraduate training, this paper studies the role of education in economic efficiency-driven, through the study of theory, data collection and empirical analysis, combined with the development characteristics of China's higher education, and compares China's and US higher education policies to guide China's higher education. The development of education, and then promote the transformation of China into the "innovation-driven" stage, has certain theoretical and practical significance.

scholarly journals Research on strategic emerging industries boosting high quality economic

2021 ◽  
Vol 235 ◽  
pp. 02011
Author(s):  
He Jiang ◽  
Yonghui Cao
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Industrial Structure ◽  
Decisive Role ◽  
High Quality ◽  
Emerging Industries ◽  
National Economic ◽  
Countermeasures And Suggestions ◽  
Sustainable Economic Growth

With the development of knowledge economy and the advancement of economic globalization, strategic emerging industries have become the leading industries for a country or region to achieve sustainable economic growth in the future. They are the high integration of emerging technologies and emerging industries, and the driving force of national economic growth. They play an important guiding and decisive role in the national economic growth and the transformation and upgrading of industrial structure. In recent years, China’s strategic emerging industries continue to grow rapidly, and have made remarkable achievements in innovation and development, which play an important role in the national economic growth and the transformation and upgrading of industrial structure, but there are also shortcomings. Based on the current situation of the development of strategic emerging industries, this paper analyzes the role of strategic emerging industries in economic development, and puts forward countermeasures and suggestions for strategic emerging industries to boost high-quality economic development.

scholarly journals PERANAN HUKUM DALAM PEMBANGUNAN EKONOMI DI BIDANG TENAGA KERJA DI TENGAH PENERAPAN PEMBATASAN SOSIAL BERSKALA BESAR (PSBB) DI INDONESIA

2021 ◽  
Vol 5 (2) ◽  
Author(s):  
Fransiskus Ravellino
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Large Scale ◽  
Pandemic Virus ◽  
Social Restriction ◽  
The Law

At the beginning of the year 2020 , Indonesia is experiencing a new phenomenon of is not fed, the phenomenon of pandemic covid-19 .Up to january 2021 , there is at least 808.000 covid-19 people infected with the virus , as many as 667.000 of them they cured and 23.753 soul that have died .The speed of the transmission of the virus coupled with the community apply protocol disiplinan is typical of the health make pandemic virus covid-19 it is difficult to overcome and forcing the administration to apply large scale social restrictions (PSBB) and this might impact on the economic growth of indonesia one of them is many unemployment due to reduced the company capacity to maintain labor that is .This research aims to review and give feedback about the role of the law into economic development especially in in the field of labor in the middle of this large-scale social restriction (PSBB) in the middle of this pandemic.

scholarly journals Democratic Deficit or the Europeanisation of Secession? Explaining the Devolution Referendums in Scotland

2005 ◽  
Vol 53 (2) ◽  
pp. 320-342 ◽  
Author(s):  
Paolo Dardanelli
Keyword(s):  
Comparative Analysis ◽  
Interaction Effect ◽  
Democratic Deficit ◽  
Alternative Account ◽  
European Context ◽  
Significant Change ◽  
Actual Vote ◽  
Explicit Comparison

This article deals with the variation in the demand for self-government in Scotland – as measured by the vote in the two referendums – between 1979, when devolution was rejected, and 1997, when devolution was endorsed. The existing literature mainly deals with each of the two referendums in isolation and does not offer an explicitly comparative analysis of them. However, implicit comparisons contained in analyses of the 1997 referendum tend to identify as the main cause of the variation the ‘democratic deficit’ created by Conservative rule between 1979 and 1997, which was consistently rejected in Scotland. I take issue with this explanation on theoretical and empirical grounds and advances an alternative account grounded in an explicit comparison of the two referendums. Based on a rationalist approach, the analysis presented here identifies three key elements in the voting dynamics at the two points in time – a gap between support for self-government and the actual vote in the referendum; an interaction effect between attitudes to devolution and to independence; and the role of the European context in shaping perceptions of independence. I argue that significant change in these three variables (rather than a ‘democratic deficit’) appear to have been the most important determinants of the different results of the two referendums.

Institutions and the Ottoman Past

2018 ◽  
pp. 55-89
Author(s):  
Şevket Pamuk
Keyword(s):  
Economic Growth ◽  
Nineteenth Century ◽  
Economic Development ◽  
Human Development ◽  
Economic History ◽  
Economic Environment ◽  
Important Distinction ◽  
The Social ◽  
Proximate Causes

This chapter looks at the role of institutions in economic development and the evolution of Ottoman institutions before the nineteenth century. It argues that while institutions are not the only things that matter, it is essential to examine their role in order to understand Turkey's experience with economic growth and human development during the last two centuries. The economics and economic history literature has been making a related and important distinction between the proximate and deeper sources of economic growth. The proximate causes refer to the contributions made by the increases in inputs, land, labor, and capital and the productivity increases. The deeper causes refer to the social, political, and economic environment as well as the historical causes that influence the rate at which inputs and productivity grow.

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