How the Human Resource Practices of Chinese MNEs in Africa Create Economic Growth and Livelihood Options

2022 ◽  
pp. 892-910
Author(s):  
Sue Claire Berning ◽  
Judith Ambrosius
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Human Resource ◽  
Multinational Enterprises ◽  
Poverty Reduction ◽  
Developmental Effect ◽  
Livelihood Options ◽  
Chinese Mnes ◽  
The Relationship

The purpose of this paper is to critically analyze the economic development impact of multinational enterprises (MNEs) in developing countries. In particular, the relationship between MNEs' developmental effect on economic growth and poverty reduction and their use of human resource management (HRM) practices will be examined. The regional focus will be on Chinese MNEs in Africa. The paper is conceptual in nature by analyzing relevant key literatures, investigating cases of Chinese MNEs in Africa, and finally deriving a systematic conceptual framework.

How the Human Resource Practices of Chinese MNEs in Africa Create Economic Growth and Livelihood Options

2018 ◽  
pp. 85-109
Author(s):  
Sue Claire Berning ◽  
Judith Ambrosius
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Human Resource ◽  
Multinational Enterprises ◽  
Poverty Reduction ◽  
Developmental Effect ◽  
Livelihood Options ◽  
Chinese Mnes ◽  
The Relationship

The purpose of this paper is to critically analyze the economic development impact of multinational enterprises (MNEs) in developing countries. In particular, the relationship between MNEs' developmental effect on economic growth and poverty reduction and their use of human resource management (HRM) practices will be examined. The regional focus will be on Chinese MNEs in Africa. The paper is conceptual in nature by analyzing relevant key literatures, investigating cases of Chinese MNEs in Africa, and finally deriving a systematic conceptual framework.

Income Inequality and Economic Development

2010 ◽  
Author(s):  
Matthew McKeever
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Income Inequality ◽  
Poverty Reduction ◽  
Industrial Society ◽  
Considerable Debate ◽  
The Subject ◽  
The Rich ◽  
The Government ◽  
The Relationship

The nature of the relationship between economic development and income inequality has long been the subject of considerable debate. Economic growth has very different effects on poverty, depending on a country’s level of income inequality. In high inequality countries, economic growth that raises the overall level of income disproportionately tends to benefit the rich, whereas policies that encourage economic growth while reducing income inequality will greatly accelerate the achievement of poverty reduction goals. Thus, understanding how income inequality and economic development are linked is important for establishing economic growth policies that reduce poverty. The literature on the economic development–income inequality nexus in industrial society places emphasis on the causes of current social inequality. The central and most cited paper in the literature is S. Kuznets’s “Economic Growth and Income Inequality” (1955), which proposed an inverted U-shaped relationship between development and inequality over the course of industrialization. Some scholars have tried to build upon Kuznets’s theory by focusing on his claim that income inequality is a function of the nature of regulations put on the market. Other studies deal with the importance of studying the relationship between democracy and inequality, the effect of the nature of the government on shaping inequality compared to industrialization, and the implications of globalization for income inequality. This overview of the literature shows that there is little true consensus on the relationship between inequality and development and highlights two major areas for improvement: measurement and data quality.

scholarly journals SYSTEM DETERMINANTS OF UNEQUAL ECONOMIC DEVELOPMENT OF GLOBALIZED WORLD

2018 ◽  
pp. 139-149
Author(s):  
Roman ZVARYCH
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Human Development ◽  
Poverty Reduction ◽  
Market Model ◽  
Poor Countries ◽  
The World ◽  
Per Capita ◽  
Geopolitical Risks

Introduction. Globalization has accelerated the transformation of authoritarian societies into the perception of individual elements of the liberal-market model. It created favorable conditions for their cooperation with developed Western countries; stimulated economic modernization; and attracted countries to world economic processes. Positive shifts in the development of developing countries are associated with high rate of growth. But on the other hand, globalization left national states little chance to preserve their own economic, political and cultural sovereignty and strengthened their dependence on the developed world. Purpose. Purpose of the article is research of the unequal economic participation and divergence of economic inequality in developing countries and estimation of their impact on the uneven development of the world. Methods. The method of content formalization the development, growth and convergence of developing countries is used; hypothetical-deductive method in evaluating the level of preindustrial inequality in the world is used; systematic approach to analyze income gap per capita between rich and poor countries is used; hypothesis method for poverty reduction ways and geopolitical risks elimination is used. Results. The research is focused on development, growth and convergence of developing countries in the world economy. It is estimated the level of preindustrial inequality and it is established the starting point of its occurrence in the world. The developing and industrialized world is concentrated in dozens of countries where economic growth was associated with structural changes in production and employment. The research showed a gap in income per capita between rich and poor countries. The exclusion of the least developed countries is a key factor of international inequalities in the world as a whole and within the developing regions. It is defined the share of people below the poverty line and the level of its influence on world development. If rapid growth has led to human development and social progress in some countries, then in much more countries this growth has not provided development. It is explored the poverty reduction measures, non-economic factors and geopolitical risks that can destroy the further growth of developing countries. Conclusion. In a context of structural change, the development of the global economy will largely depend on the growth rates of developing countries. Despite the growing of economic power, developing countries can face certain specific problems associated with the pursuit of rapid economic growth. For economic development, developing countries should eradicate poverty, create jobs and inclusive growth. This sustainable way of developing mobilizes human resources of developing countries. The spread of education is the basis of the development of countries that industrialized late. Infrastructure, both physical and social, is the basis for the earlier stages of industrialization. Developing countries should strive to combine economic growth with human development and social transformation. This requires the creative interaction between the state and the market over the dominance of the market model.

2 Economic Growth and Economic Development

2020 ◽  
Author(s):  
Cheng Thomas K
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Growth And Development ◽  
Poverty Reduction ◽  
Competition Law ◽  
The Other ◽  
Necessary Condition ◽  
Continuous Growth ◽  
The One ◽  
The Relationship

This chapter discusses economic growth and economic development. The relationship between growth and development seems to be highly interrelated and share significant overlap. On the one hand, it has been said that economic growth is a necessary condition for development. Growth is essential to poverty reduction. If development is understood as poverty reduction, or at least poverty reduction is taken to be a key component of development, then by extension, growth is a prerequisite for development. On the other hand, it has been argued that growth also depends on development. This is premised on the understanding of development as structural transformation. The argument is that for there to be continuous growth, the economy and society must undergo transformation to become more productive. The chapter then considers how the concepts of economic growth and economic development may relate to competition law enforcement.

scholarly journals Decoupling Analysis between Economic Growth and Air Pollution in Key Regions of Air Pollution Control in China

2021 ◽  
Vol 13 (12) ◽  
pp. 6600
Author(s):  
Jing Li ◽  
Lipeng Hou ◽  
Lin Wang ◽  
Lina Tang
Keyword(s):  
Economic Growth ◽  
Air Pollution ◽  
Economic Development ◽  
Pollution Control ◽  
Environmental Policies ◽  
River Delta ◽  
Chinese Government ◽  
Air Pollution Control ◽  
The Relationship ◽  
No2 Pollution

The Chinese government has implemented a number of environmental policies to promote the continuous improvement of air quality while considering economic development. Scientific assessment of the impact of environmental policies on the relationship between air pollution and economic growth can provide a scientific basis for promoting the coordinated development of these two factors. This paper uses the Tapio decoupling theory to analyze the relationship between regional economic growth and air pollution in key regions of air pollution control in China—namely, the Beijing–Tianjin–Hebei region and surrounding areas (BTHS), the Yangtze River Delta (YRD), and the Pearl River Delta (PRD)—based on data of GDP and the concentrations of SO2, PM10, and NO2 for 31 provinces in China from 2000 to 2019. The results show that the SO2, PM10, and NO2 pollution in the key regions show strong and weak decoupling. The findings additionally indicate that government policies have played a significant role in improving the decoupling between air pollution and economic development. The decoupling between economic growth and SO2 and PM10 pollution in the BTHS, YRD, and PRD is better than that in other regions, while the decoupling between economic growth and NO2 pollution has not improved significantly in these regions. To improve the relationship between economic growth and air pollution, we suggest that the governments of China and other developing countries should further optimize and adjust the structure of industry, energy, and transportation; apply more stringent targets and measures in areas of serious air pollution; and strengthen mobile vehicle pollution control.

scholarly journals Corporate debt maturity and economic development

2019 ◽  
Vol 15 (5) ◽  
pp. 669-687 ◽  
Author(s):  
Celia Álvarez-Botas ◽  
Víctor M. González-Méndez
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Financial Crisis ◽  
Firm Size ◽  
Debt Maturity ◽  
Corporate Debt ◽  
Content Type ◽  
Country Level ◽  
The Relationship ◽  
Bank Concentration

Purpose The purpose of this paper is to analyse the effect of economic development on the influence of country-level determinants on corporate debt maturity, bearing in mind firm size and the period of financial crisis. Design/methodology/approach The authors employ panel data estimation with fixed effects to examine the role of economic development in influencing the relationship between country-level determinants on corporate debt maturity. The paper uses a sample of 30,727 listed firms, belonging to 39 countries, over the period 2005–2012. Findings Corporate debt maturity increases with the efficiency of the legal system and bank concentration and decreases with the weight of banks in the economy. However, the importance of these country determinants is greater in developing than in developed countries. The authors also show that firm size in developed and developing countries influences country determinants of corporate debt maturity. Finally, the results reveal that the financial crisis has affected the debt maturity of firms differently in developed and developing countries, with the effect of bank concentration lengthening debt maturity, this effect being more pronounced in developing countries. Practical implications The findings provide useful insights to guide policy decisions providing access to long-term financing, as corporate debt maturity depends on economic development, institutional environment, banking structure and firm size. Originality/value This study incorporates economic development in explaining the relationship between country-level determinants and corporate debt maturity.

scholarly journals Tourism Industry and Economic Growth Nexus in Beijing, China

Economies ◽  
2019 ◽  
Vol 7 (1) ◽  
pp. 25 ◽  
Author(s):  
Yang Songling ◽  
Muhammad Ishtiaq ◽  
Bui Thi Thanh
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Strong Support ◽  
Growth Index ◽  
Strong Relationship ◽  
Tourism Industry ◽  
Var Model ◽  
Long Run ◽  
The Relationship ◽  
Beijing China

In the developing economy, tourism is the most visible and steadiest growing facade. Tourism is considered one of the rapidly increasing elements for economic development from the last two decades. Therefore, the proposed study used vector autoregression (VAR) model, error correction model (ECM), and the Granger causality to check the relationship between the tourism industry and economic growth based on the data of the Beijing municipal bureau of statistics from 1994 to 2015. Gross domestic product (GDP) is used as a replacement variable for the economic growth index, while internal tourism revenue is used as a tourism industry indicator. The study supports the tourism-led growth hypothesis proposed in the existing literature in a different survey of tourism and economic development. The results show that there is a strong relationship in the tourism industry and economic growth in the context of Beijing, and at the same time, tourism creates a more significant increase in long run local real economic accomplishments. The results of the VAR model confirm that in the long run, Beijing’s economic growth is affected by domestic tourism, while the ECM model shows unidirectional results in the short term. Similarly, there is a one-way causal relationship between the tourism industry and economic growth in Beijing, China. The empirical results are in strong support of the concept that tourism causes growth.

Analysis of Major Problems Faced by Small Firms in North India

2015 ◽  
Vol 15 ◽  
pp. 150-160
Author(s):  
Davinder Singh ◽  
Jaimal Singh Khamba ◽  
Tarun Nanda
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Small Firms ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
North India ◽  
Small Enterprises ◽  
Employment Generation ◽  
Medium Enterprises

Micro, Small and Medium Enterprises (MSMEs) have been noted to play a significant role in promoting economic growth in less developed countries, developing and also in developed countries. Worldwide, the micro and small enterprises have been accepted as the engine of economic growth of any nation. Small and Medium Enterprises are the backbone of the economies, because it trigger employment, output, export, poverty alleviation, economic empowerment, economic development etc. in developed as well as in developing countries. It is more important to developing countries as the poverty and unemployment are burning problems. MSMEs have been playing a momentous role in overall economic development of a country like India where millions of people are unemployed or underemployed. Therefore, the growth of small sectors is essential for the growth in the GDP, employment generation, total manufacturing production and export. India, being one of the fastest growing economies of the world, needs to pay an honest attention for the utmost growth of MSMEs for its increased contribution in above areas.

scholarly journals Economic Growth and Income Inequality in Developing Countries

2015 ◽  
Vol 9 (6) ◽  
pp. 79-82 ◽  
Author(s):  
Morteza Nemati ◽  
Ghasem Raisi
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Income Inequality ◽  
Income Distribution ◽  
Economic System ◽  
Development Strategy ◽  
Low Income ◽  
Poverty Eradication ◽  
The Relationship ◽  
Selection Of

Nowadays, improvement in income distribution and poverty eradication and hence low inequality are served as the main objectives of economic and social development strategy even prior than primary tasks of governments. to manifest importance of income distribution, some economists adopt income inequality and income distribution in society as criteria for economic system of the community, although these criteria and measures are theoretical for the economic system and this varies from the perspective of different people, however, it denotes on  importance of income distribution among individuals. The main objective of this study was to evaluate the effect of economic growth on income inequality in the selection of low-income developing countries.To this end, using panel data and data for 28 developing countries over the period 1990-2010 the relationship between GDP and the Gini coefficient was examined. The results indicate that as per hypothesis Kuznets in the early stages of growth, income inequality increases and then it declines in later stage.

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