Global Trends in Domestic savings and Longevity- Implications for India

2019 ◽  
Vol 6 (2) ◽  
pp. 18-27
Author(s):  
Thilak Venkatesan ◽  
Venkataraman R
Keyword(s):  
Emerging Economies ◽  
Developed Countries ◽  
The Other ◽  
Demographic Dividend ◽  
Policy Action ◽  
Global Trends ◽  
Domestic Savings ◽  
The Developed Countries ◽  
Developed Nations ◽  
The Relationship

Demographic dividend and the lowest median age among the earning population propels consumption and growth in India. Among the emerging economies, China had the leverage for growth through exports until 2008. India benefited by demographic dividend and this translates to providing income and thereby increases savings. On the other hand, the developed countries are experiencing problems of an aging economy, a deflationary scenario, and a pension burden. India, with its major workforce in the unorganized and private sector, needs to recognize the need for forward-looking policies that stimulate savings for a better lifestyle post-retirement. The study was focussed on the relationship between longevity (life expectancy), and domestic savings. The research observed divergence between the developed nations and India. A more futuristic policy action is suggested to motivate savings as the increase in population and higher levels of economic growth can be achieved with more domestic savings.

Global Trends in Domestic savings and Longevity- Implications for India

2021 ◽  
pp. 111-118
Author(s):  
Thilak Venkatesan ◽  
Venkataraman R
Keyword(s):  
Economic Growth ◽  
Developed Countries ◽  
The Other ◽  
Demographic Dividend ◽  
Policy Action ◽  
Global Trends ◽  
Domestic Savings ◽  
The Developed Countries ◽  
Developed Nations ◽  
The Relationship

Demographic dividend and the lowest median age among the earning population propels consumption and growth in India. Among the emerging economies, China had the leverage for growth through exports until 2008. India benefited by demographic dividend and this translates to providing income and thereby increases savings. On the other hand, the developed countries are experiencing problems of an aging economy, a deflationary scenario, and a pension burden. India, with its major workforce in the unorganized and private sector, needs to recognize the need for forward-looking policies that stimulate savings for a better lifestyle post-retirement. The study was focussed on the relationship between longevity (life expectancy), and domestic savings. The research observed divergence between the developed nations and India. A more futuristic policy action is suggested to motivate savings as the increase in population and higher levels of economic growth can be achieved with more domestic savings.

scholarly journals TESTING WEAK-FORM EFFICIENCY OF EMERGING ECONOMIES: A CRITICAL REVIEW OF LITERATURE / KRITINĖ KYLANČIOS EKONOMIKOS MAŽO RINKOS EFEKTYVUMO LITERATŪROS APŽVALGA

2012 ◽  
Vol 13 (1) ◽  
pp. 167-188 ◽  
Author(s):  
Mohammad Nurunnabi
Keyword(s):  
Emerging Economies ◽  
Research Work ◽  
Weak Form ◽  
Developed Countries ◽  
Future Research ◽  
Holistic View ◽  
The Developed Countries ◽  
Developed Nations ◽  
Practical Implications ◽  
Weak Form Efficiency

Due to the globalisation and mobilisation of capital markets, the concept of EMH is gaining a lot of importance in both developed and emerging economies. Most of the researches on the weak-form efficiency to date were based on the developed countries. The present study will seek to provide a comprehensive understanding of the weak-form efficiency in emerging economies. In terms of practical implications, the paper has direct implications for future research in EMH in particular emerging economies. The paper contributes in manly three ways: First, the paper collates and examines the broader and most effervescent literature and their findings. Second, it also presents a comprehensive, encompassing research work and a holistic view of various aspects of weak-form EMH. Finally, no studies have been conducted to date on a literature review of EMH weak-form efficiency in emerging economies. Nevertheless, the limitation of the study is that the findings are presented that may not be generalized to developed nations, which may be quite different in socio-cultural and political settings including the behavioral aspects of investors and the strength of the capital market. Santrauka Dėl globalizacijos ir mobilizacijos kapitalo rinkose efektyvios rinkos hipotezės koncepcija įgyja vis didesnę svarbą tiek išsivysčiusiose, tiek sparčiai kylančios ekonomikos šalyse. Dauguma tyrimų, susijusių su mažu rinkos efektyvumu, buvo atliekami ekonomiškai stipriose valstybėse, tačiau šiame straipsnyje siekiama pateikti išsamų paaiškinimą apie mažą efektyvumą kylančios ekonomikos šalyse. Straipsnį sudaro trys dalys: pirmoji dalis skirta mokslinių darbų ir jų rezultatų analizei, antrojoje dalyje pateikiami autoriaus atlikto tyrimo rezultatai, susiję su efektyvios rinkos hipotezės reiškiniu, trečioji dalis susijusi su pagrindiniu šio straipsnio tikslu, t. y. kylančios ekonomikos mažo efektyvumo mokslinių darbų kritine analize įvairiose šalyse.

Power Generation for India with Higher Efficiency

2018 ◽  
Vol 6 (7) ◽  
pp. 267
Author(s):  
Umeshkannan P ◽  
Muthurajan KG
Keyword(s):  
Power Generation ◽  
Objective Function ◽  
Fossil Fuels ◽  
Programming Model ◽  
Developed Countries ◽  
Power Requirement ◽  
Average Efficiency ◽  
Potential Demand ◽  
The Developed Countries ◽  
Developed Nations

The developed countries are consuming more amount of energy in all forms including electricity continuously with advanced technologies.  Developing  nation’s  energy usage trend rises quickly but very less in comparison with their population and  their  method of generating power is not  seems  to  be  as  advanced  as  developed  nations. The   objective   function   of   this   linear   programming model is to maximize the average efficiency of power generation inIndia for 2020 by giving preference to energy efficient technologies. This model is subjected to various constraints like potential, demand, running cost and Hydrogen / Carbon ratio, isolated load, emission and already installed capacities. Tora package is used to solve this linear program. Coal,  Gas,  Hydro  and  Nuclear  sources can are  supply around 87 %  of  power  requirement .  It’s concluded that we can produce power  at  overall  efficiency  of  37%  while  meeting  a  huge demand  of  13,00,000  GWh  of  electricity.  The objective function shows the scenario of highaverage efficiency with presence of 9% renewables. Maximum value   is   restricted   by   low   renewable   source’s efficiencies, emission constraints on fossil fuels and cost restriction on some of efficient technologies. This    model    shows    that    maximum    18%    of    total requirement   can   be   met   by   renewable itself which reduces average efficiency to 35.8%.   Improving technologies  of  renewable  sources  and  necessary  capacity addition  to  them in  regular  interval  will  enhance  their  role and existence against fossil fuels in future. The work involves conceptualizing, modeling, gathering information for data’s to be used in model for problem solving and presenting different scenarios for same objective.

scholarly journals Taxing impact of terrorism on global economic openness of developed and developing countries

2018 ◽  
Vol 68 (3) ◽  
pp. 311-335
Author(s):  
Abubakr Saeed ◽  
Yuhua Ding ◽  
Shawkat Hammoudeh ◽  
Ishtiaq Ahmad
Keyword(s):  
Developing Countries ◽  
Negative Impact ◽  
Developed Countries ◽  
Terrorist Attacks ◽  
Economic Openness ◽  
Significant Negative Impact ◽  
Military Expenditures ◽  
The Developed Countries ◽  
The Impact ◽  
The Relationship

This study examines the relationship between terrorism and economic openness that takes into account both the number and intensity of terrorist incidents and the impact of government military expenditures on trade-GDP and foreign direct investment-GDP ratios for both developed and developing countries. It uses the dynamic GMM method to account for endogeneity in the variables. Deaths caused by terrorism have a significant negative impact on FDI flows, and the number of terrorist attacks is also found to be significant in hampering the countries’ ability to trade with other nations. The study also demonstrates that the developing countries exhibit almost similar results to our main analysis. The developed countries exhibit a negative impact of terrorism, but the regression results are not significant.

scholarly journals Bank wholesale funding and credit procyclicality: Evidence from Korea

2013 ◽  
Vol 60 (5) ◽  
pp. 615-631 ◽  
Author(s):  
Sangjun Jeong ◽  
Hueechae Jung
Keyword(s):  
Business Cycle ◽  
Emerging Economies ◽  
Commercial Banks ◽  
Marked Effect ◽  
The Other ◽  
Financial Fragility ◽  
Credit Growth ◽  
The Business Cycle ◽  
The Relationship ◽  
Higher Sensitivity

Credit procyclicality has recently been the focus of considerable attention, but what fuels the often excessive credit growth is rarely questioned. We investigate the relationship between the composition of banks? liabilities and their credit procyclicality. After examining the macroeconomic context where banks rely increasingly on wholesale funding (WSF), we estimate the effect of WSF on the banks? credit growth using quarterly panel data for the commercial banks of Korea from 2000 to 2011. We find that a higher sensitivity of banks? WSF to the business cycle leads to an excessive response of credit growth to the business cycle, even with a low share of WSF on bank liabilities. On the other hand, we find that overseas WSF has a more marked effect on credit procyclicality, which may additionally exacerbate the financial fragility of export-led emerging economies.

scholarly journals THE JUDICIAL CONSTRUCTION RELATING TO THE TERRORISM CASES (REALITY AND PROSPECTS)

2021 ◽  
Vol 03 (03) ◽  
pp. 473-482
Author(s):  
Fawzi Abdelsalam Mohammed AL-KILNI ◽  
Ebtisam Hassan Salem Ben ISSA
Keyword(s):  
Working Conditions ◽  
Criminal Law ◽  
Justice System ◽  
Criminal Policy ◽  
Developed Countries ◽  
The Other ◽  
High Concern ◽  
The Law ◽  
The Developed Countries ◽  
The Military

The current study aims to discuss and investigate one of the most prominent and important issues that has been in constant debate in all the previous researches and studies dine in the scope of criminal law ; especially those regarding the juridical construction relating to the terrorism cases. The main attempt of this research is to evaluate the criminal policy of the Libyan Legislation issuing law no.3 for the year 2014 concerning Terrorism combating. Disregarding the recent issuing of the law in subject, the above-mentioned law is of great importance due to its high concern of the juridical apparatus of combating terrorism. However, what makes a wonder herewith is the Libyan legislation has been taking a step backwards when the law (4) was issued in 2017 in regarding of the amendment of the provisions of both the Military Penal Code and the Code of Military Procedures which has already mandated the judiciary of offenders of terrorism according to the terms identified in Article 3. Herewith, the perception of the effectiveness and functionality of the above-mentioned law is not possible without paying the attention to reviewing the jurisdiction from one hand and the working conditions of the judges from the other hand. However, the good conduct of the judges’ work depends heavily on doing several improvements for these apparatus, in addition to promoting the juridical capabilities by supporting these apparatus with the modern facilities, utilizing the experience of the developed countries in this regard. Therefore, the prospects are addressed to developing the juridical construction properly according to the principles of the defense rights and the fair trial as these principles are the constitution fundamentals and the traits of the criminal-justice system.

Globalization and its Challenges for Teacher Education in Nigeria

2014 ◽  
pp. 229-236
Author(s):  
A. O. K. Noah ◽  
Adesoji A. Oni ◽  
Simeon A. Dosunmu
Keyword(s):  
Teacher Education ◽  
Educational System ◽  
Developed Countries ◽  
Global Market ◽  
The Other ◽  
Other Hand ◽  
Catch Up ◽  
The Developed Countries

The phenomenon of globalization is defined variously, but in general, it is defined as the establishment of a global market for goods and capital, leading to what could be described as a multiplicity of linkages and interconnections between places, events, ideas, issues, and things, irrespective of whether they are directly related or not. Globalization on the other hand cannot be a reality in any nation if its educational system is not implicitly or explicitly geared towards achieving meaningful and desirable change for that society. However, since education and indeed the (educator) teacher constitute the most viable instruments by which an emerging nation can catch up with the developed countries, globalization will therefore be a mirage if teacher education is not geared towards producing teachers who are globalization friendly, teachers who are not allergic to globalization. In view of the above, this chapter examines the concept of globalization side by side with the current goals of teacher education in Nigeria.

scholarly journals On the Relationship between Innovation Activity and Manufacturing Upgrading of Emerging Countries: Evidence from China

2019 ◽  
Vol 11 (5) ◽  
pp. 1309 ◽  
Author(s):  
Zhong Xie ◽  
Guixue Zang ◽  
Feifei Wu
Keyword(s):  
Product Innovation ◽  
Developed Countries ◽  
Emerging Countries ◽  
Institutional Innovation ◽  
Technical Innovation ◽  
Innovation Activity ◽  
Innovation Product ◽  
Using Data ◽  
The Developed Countries ◽  
The Relationship

Most research into the relationship between innovation activity and manufacturing upgrading has been conducted in developed economies, such as the countries of North America and Europe. Due to the non-replicability of the developed countries’ development modes, most emerging countries cannot directly copy the manufacturing upgrading path of the developed countries. However, knowledge about the relationship between innovation activity and manufacturing upgrading in emerging economies remains limited. This paper sheds light on the relationship between innovation activity and manufacturing upgrading in emerging countries from the following three types of innovation, namely, technical innovation, product innovation, and institutional innovation. By using data from Chinese provinces for the period 2001–2015, this paper empirically investigates the relationship between innovation activity and manufacturing upgrading in emerging countries. The results show that technical innovation, product innovation, and institutional innovation have significantly positive driving-force effects on manufacturing upgrading, which indicates that innovation is an important source of promoting manufacturing upgrading for emerging countries. Moreover, the effect above is more prominent for technical innovation. The results are resilient to the alternative indicators of innovation and the alternative indicators of manufacturing upgrading. This paper provides a theoretical and empirical reference for conducting innovation-incentive policy and promoting the optimization of manufacturing structure.

scholarly journals O desenvolvimento urbano sustentável – uma utopia possível?

2004 ◽  
Vol 9 ◽  
Author(s):  
Zulma das Graças Lucena SCHUSSEL
Keyword(s):  
Rio De Janeiro ◽  
Environmental Issues ◽  
Developed Countries ◽  
Sustainable Urban Development ◽  
Energy Sources ◽  
Agenda 21 ◽  
Local Agenda 21 ◽  
Environment And Development ◽  
The Developed Countries ◽  
The Relationship

O século XX, ao mesmo tempo em que se caracterizou pela associação do conceito de desenvolvimento ao uso e consumo crescentes do solo, das fontes de energia e dos recursos naturais de forma geral, deu origem à formação das concentrações metropolitanas. Essas concentrações aglutinaram ao longo do tempo fortes processos de degradação ambiental. Uma das respostas encontradas para essas questões vem sendo dada pela Agenda 21, adotada por aproximadamente 179 países na Conferência das Nações Unidas sobre Meio Ambiente e Desenvolvimento, em 1992, no Rio de Janeiro. A presente reflexão trata das diferenças entre as Agendas 21 locais desenvolvidas nos países desenvolvidos e em desenvolvimento. Propõe a discussão sobre o inter-relacionamento das questões socioambientais do município com o espaço regional e as decorrentes limitações na implementação dos propósitos da Agenda 21 local. Sustainable urban development – a possible utopia? Abstract The 20th century has been characterized by the association of the developmental concept with the increasing use and ground consumption, the energy sources and the natural resources in general. At the same time, the metropolitan concentrations formation began and generates, throught out the years, an strong process of environmental degradation. One of the answers founded for these questions has been given through the Agenda 21, adopted by approximately 179 countries in the United Nations Conference on Environment and Development, in 1992, at Rio de Janeiro. The present reflection is about the differences between the local Agenda 21 implemented in the developed countries and in the developing countries. It proposes the discussion about the relationship between the municipality’s social and environmental issues and regional space and the consequent limitations at the implementation of the Agenda 21 purposes.

scholarly journals Income Inequality and Economic Growth: An Analysis Using a Panel Data

2018 ◽  
Vol 10 (5) ◽  
pp. 242
Author(s):  
Mohamed Bouincha ◽  
Mohamed Karim
Keyword(s):  
Economic Growth ◽  
Income Inequality ◽  
Developed Countries ◽  
Global Model ◽  
Kuznets Curve ◽  
Main Indicator ◽  
Development Indicator ◽  
Long Time ◽  
The Developed Countries ◽  
The Relationship

A long time ago, economic growth was the main indicator of countries’ economic health. However, since the 1970s, the analysis of the relationship between economic growth and other economic phenomena such as inequality has begun to grow (Sundrum, 1974). Much of the literature on the link between economic growth and income inequality is based on Kuznets revolutionary theory. The purpose of our article is to suspect the causality relationship between growth and inequality. To do this, we used data from 189 countries for the period between 1990 and 2015. We estimated a global model and three other of each category of countries in terms of development. In the global model, economic growth is insignificant even if its sign is positive. The same result appears in the developing country model and the moderately developed countries one. However, in the developed countries model, economic growth is negatively and statistically related to inequality. The Kuznets curve is approved in our study only when using human development indicator in the place of growth. Growth explain inequality’s movement in our study only in the model of developed countries and its coefficient is negative.

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