Macroeconomic Factors of Competitiveness of Serbian Economy and ICT Sector

2012 ◽  
Vol 1 (1) ◽  
pp. 24-38 ◽  
Author(s):  
Drago Cvijanovic ◽  
Ivan Milojevic ◽  
Radovan Pejanovic
Keyword(s):  
Developed Countries ◽  
Operating Efficiency ◽  
Macroeconomic Factors ◽  
Global Competitiveness ◽  
Technological Readiness ◽  
Information And Communication ◽  
Global Competitiveness Index ◽  
The Developed Countries ◽  
High Level ◽  
Sustainable Economic Growth

Information and communication technology is an initiating and driving force behind economic development. The contribution of the ICT sector is in production and export increase within the sector itself and of the competitiveness of the economy as a whole. Competitiveness is synonymous with productivity and can be enhanced by rational utilization and investment in resources, application of the latest knowledge, investment, by increase of operating efficiency, and implementation of modern technologies in production. Competitiveness implies development of infrastructure and telecommunications, and intensive Internet usage. According to the Global Competitiveness Index, Serbia is lowly ranked. Serbia has the greatest advantage in the area of elementary and higher education, technological readiness and innovativeness. The analysis of technological readiness and the level of innovativeness within the global competitiveness of Serbian economy in 2009, indicates a high level of competitiveness and potential to be developed. Technology transfer from the developed countries is the basis for long-term sustainable economic growth and development. The paper focuses on the analysis of competitiveness of Serbian economy, international economic environment and the determinants of competitiveness.

Macroeconomic Factors of Competitiveness of Serbian Economy and ICT Sector

2012 ◽  
pp. 714-727 ◽  
Author(s):  
Drago Cvijanovic ◽  
Ivan Milojevic ◽  
Radovan Pejanovic
Keyword(s):  
Developed Countries ◽  
Operating Efficiency ◽  
Macroeconomic Factors ◽  
Global Competitiveness ◽  
Technological Readiness ◽  
Information And Communication ◽  
Global Competitiveness Index ◽  
The Developed Countries ◽  
High Level ◽  
Sustainable Economic Growth

Information and communication technology is an initiating and driving force behind economic development. The contribution of the ICT sector is in production and export increase within the sector itself and of the competitiveness of the economy as a whole. Competitiveness is synonymous with productivity and can be enhanced by rational utilization and investment in resources, application of the latest knowledge, investment, by increase of operating efficiency, and implementation of modern technologies in production. Competitiveness implies development of infrastructure and telecommunications, and intensive Internet usage. According to the Global Competitiveness Index, Serbia is lowly ranked. Serbia has the greatest advantage in the area of elementary and higher education, technological readiness and innovativeness. The analysis of technological readiness and the level of innovativeness within the global competitiveness of Serbian economy in 2009, indicates a high level of competitiveness and potential to be developed. Technology transfer from the developed countries is the basis for long-term sustainable economic growth and development. The paper focuses on the analysis of competitiveness of Serbian economy, international economic environment and the determinants of competitiveness.

scholarly journals A New ICT Framework to Adopt ICT Projects: KRG Organisations as Case Study

2017 ◽  
Vol 2 (3) ◽  
pp. 18-24
Author(s):  
Shko M. Qader ◽  
Bryar A. Hassan ◽  
Miran Hama Rahim Saeed
Keyword(s):  
Developed Countries ◽  
High Tech ◽  
Regional Government ◽  
The Public ◽  
Communication Framework ◽  
Information And Communication ◽  
The Developed Countries ◽  
Definition Of ◽  
High Level

In a world dominated by technology people expect fast swift and efficient services, and for governments this means that citizens and companies expect public services to keep pace with this development and be fast and free of routines. Therefore, most of the developed countries became to adopt the e-Government concept where it enables this improvement and utilize information and communication technology (ICT) to serve the citizens.  Basically, the purpose of this research is to provide Kurdistan Regional Government (KRG) organisations and the public sector with a means to comprehend what is essential from a digital communication framework perspective to support delivery of an online public service and identify the components required to achieve this goal along with a high level definition of these components. This paper outcomes the establishment of a high-tech government communication infrastructure and applications via investigating the current and future ICT demands for KRG government organisations, conducting two surveys, and interviewing the stakeholders and clients. It also produces a set of recommendation and suggestions and approaches for designing an efficient framework that mediates information securely among KRG organisations and facilitate collaboration and integration among them.

Does Enhancing of the Competitiveness Influence on Foreign Direct Investments in Western Balkan Countries?

2016 ◽  
Vol 1 (2) ◽  
pp. 164 ◽  
Author(s):  
Matea Zlatković
Keyword(s):  
Market Efficiency ◽  
Foreign Direct Investments ◽  
Global Competitiveness ◽  
Technological Readiness ◽  
Regional Market ◽  
National Competitiveness ◽  
Good Market ◽  
World Economic ◽  
Global Competitiveness Index ◽  
Per Capita

Foreign direct investments present a valuable source of national competitiveness as they have attributes of capital flows provide knowledge and technology transfer from one country to target country. In this paper are used variables defined by World Economic Forum which construct Global Competitiveness Index for assessing competitiveness of the country. The purpose of the research is to examine does the national competitiveness increase enhance the level of FDI flows in transition Western Balkan economies that are not yet full members of European Union. The findings claim that larger increase in FDI per capita stocks in majority analyzed countries would have if making infrastructure more competitiveness, accelerate their technological readiness and improve innovation while certain countries should work on health and primary education and higher education and training. According to the results, there is no correlation between FDI flows and macroeconomic environment, institutions, development of financial markets, good market efficiency, labor market efficiency and business sophistication. Applying benchmark method, it is established the most competitive WB country as benchmark value for other transition countries in its neighborhood for enhancing their competitiveness, specially in the regional market. Also, it is obtained what if analysis to detect potential rise of FDI per capita stocks as a consequence of potential changes in some competitiveness variables. It is also calculated the potential increase in FDI/capita due to similar changes in different competitiveness variables.

To the comparative analysis of the digitalization process of state administration in Russia and other countries

2020 ◽  
pp. 75-117
Author(s):  
A.N. Shvetsov
Keyword(s):  
Public Administration ◽  
Information And Communication Technologies ◽  
Large Scale ◽  
Communication Technologies ◽  
Developed Countries ◽  
Electronic Government ◽  
Digital Government ◽  
Information And Communication ◽  
The Developed Countries ◽  
Comprehensive Programs

The article compares the processes of dissemination of modern information and communication technologies in government bodies in Russia and abroad. It is stated that Russia began the transition to «electronic government» later than the developed countries, in which this process was launched within the framework of large-scale and comprehensive programs for reforming public administration in the 1980s and 1990s. However, to date, there is an alignment in the pace and content of digitalization tasks. At a new stage in this process, the concept of «electronic government» under the influence of such newest phenomena of the emerging information society as methods of analysis of «big data», «artificial intelligence», «Internet of things», «blockchain» is being transformed into the category of «digital government». Achievements and prospects of public administration digitalization are considered on the example of countries with the highest ratings — Denmark, Australia, Republic of Korea, Great Britain, USA and Russia.

Outward Foreign Direct Investment in Emerging Economies

2017 ◽  
pp. 244-257 ◽  
Author(s):  
Ahmet Oğuz Demir ◽  
Muhammad Moiz
Keyword(s):  
Foreign Direct Investment ◽  
Emerging Economies ◽  
Direct Investment ◽  
Outward Foreign Direct Investment ◽  
Competitive Advantages ◽  
Global Competitiveness ◽  
Developed Economies ◽  
Technological Readiness ◽  
Country Factors ◽  
Global Competitiveness Index

Outward Foreign Direct Investment (OFDI) has been utilized by developed economies to enter developing markets for competitive advantages. However, recent boom in OFDI from emerging economies has prompted the question as to why these economies are investing abroad? A modest amount of literature exists regarding China and India, however, Turkey being an emerging economy has been largely untapped when it comes to determinants of OFDI. This study uses the Global Competitiveness Index (GCI) to find host and home country factors which have led to OFDI from Turkey to their top 10 investment destinations for the past 10 years. The host country factors found to be significantly correlated with Turkish OFDI are innovation (Netherlands and Russia), technological readiness (Russia and UK), labor market efficiency (Netherlands), infrastructure (Netherlands), domestic market size (Germany), and exports (UK). The home factors found to be significantly correlated with Turkish OFDI are infrastructure and domestic competition.

A Process Model for Successful E-Government Adoption in the Least Developed Countries

2012 ◽  
pp. 341-369
Author(s):  
Ahmed Imran ◽  
Shirley Gregor
Keyword(s):  
Public Sector ◽  
Process Model ◽  
Developed Countries ◽  
Theoretical Development ◽  
Least Developed Countries ◽  
Developed Country ◽  
The Public ◽  
Key Stakeholders ◽  
Information And Communication ◽  
High Level

Least developed countries (LDCs), have been struggling to find a workable strategy to adopt information and communication technology (ICT) and e-government in their public sector organizations. Despite a number of high-level initiatives at national and international levels, the progress is still unsatisfactory in this area. Consequently, the countries are failing to keep pace in the global e-government race, further increasing the digital divide. This chapter reports on an exploratory study in a least developed country, Bangladesh, involving a series of focus groups and interviews with key stakeholders. A lack of knowledge and entrenched attitudes and mindsets are seen as the key underlying contributors to the lack of progress. The analysis of the relationships among the major barriers to progress led to a process model, which suggests a pathway for e-government adoption in an LDC such as Bangladesh. The chapter introduces important directions for the formulation of long-term strategies for the successful adoption of ICT in the public sector of LDCs and provides a basis for further theoretical development.

The Degree of Home Bias in the Holding of Share Portfolio

2017 ◽  
Vol 6 (3) ◽  
pp. 10-25 ◽  
Author(s):  
Mounira Chniguir ◽  
Asma Sghaier ◽  
Mohamed Soufeljil ◽  
Zouhayer Mighri
Keyword(s):  
Home Bias ◽  
Developed Countries ◽  
Capital Asset Pricing ◽  
Intuitive Reasoning ◽  
Important Conclusion ◽  
Developed Markets ◽  
Determining Factors ◽  
The Developed Countries ◽  
High Level

The objective of this paper is to measure the degree of Home Bias within the holdings of portfolio and to identify their determining factors. By following an intuitive reasoning, the authors have chosen a number of susceptible factors that have an impact on Home Bias. In fact, they have developed an international CAPM (Capital Asset Pricing Model). This model is estimated for 20 countries, with the use of cross-section econometrics. The authors' results show that all countries have recorded a high level of Home bias in their holdings of portfolio. In order to study whether the Home Bias of the newly emerging markets and that of the developed markets react differently to the determining factors or not the authors have evaluated the model so much jointly for all markets as separately for the developed and the newly emerging ones. In the case of classification of the sample, the results have permitted us to draw an important conclusion and to have cognizance that the volatility of the exchange rate is statistically significant concerning the newly emerging economies at a threshold of 1%, while it is hardly remarkable for the developed countries. This means that this variable prevents the American investors from investing in the former countries. Samely, for both variables of joint- variance and size.

ICT in Regional Development

2005 ◽  
pp. 387-392
Author(s):  
Saundarjya Borbora ◽  
Mrinal Kanti Dutta
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Regional Development ◽  
Developing Economies ◽  
Developed Countries ◽  
The World ◽  
Information And Communication ◽  
Increase Productivity ◽  
Internet Connections ◽  
The Developed Countries

Economic development and information and communication technology (ICT) are found to move together in the present day era of globalization. ICT can contribute significantly in economic development of a region by providing adequate information at the minimum of time and cost, thereby enhancing productivity in different sectors of an economy. This fact is substantiated by several studies (Kraemer & Dedrick, 2001; Pohjola, 2001). Some country specific studies like that of Singapore (Wong, 2001) also highlighted similar results. ICT diffusion in the world has been quite rapid since the mid 1990s. While the developed countries have benefited substantially from the ICT growth, the developing countries could not reap similar benefits out of it which has resulted in emergence of a digital divide across the countries (Economist, 2000; Nkrumah, 2000; Norris, 2001). This divide is noticed not only across countries but also within a country and this is more prominent in developing economies like India. ICT diffusion is another area which needs more attention in India as it will lead to ICT access and application of ICT in real sectors to increase productivity and output. During the past one decade India has made rapid advances in ICT growth as reflected in the increase in the number of Internet connections and users. The growth of Internet connections and users in the country is shown in Table 1.

The economic and institutional determinants of the ‘New Economy’ in transition economies

2003 ◽  
Vol 53 (1) ◽  
pp. 1-27 ◽  
Author(s):  
M. Piatkowski
Keyword(s):  
Economic Growth ◽  
Information And Communication Technologies ◽  
Transition Economies ◽  
New Economy ◽  
Communication Technologies ◽  
Developed Countries ◽  
Catching Up ◽  
Institutional Determinants ◽  
Information And Communication ◽  
The Developed Countries

The contribution of the so-called ‘New Economy’ to economic growth in developing countries has so far been minimal. Nonetheless, in the longer run the ‘New Economy’ offers great potential for faster economic growth in post-socialist economies. Realising this potential is, however, not automatic. It could be left unharnessed if there is no suitable institutional and economic infrastructure that would allow for adoption, diffusion, and productive use of information and communication technologies (ICT). The paper here will construct a New Economy Indicator (NEI) that measures the levels of preparedness of transition economies for harnessing the potential of ICT to accelerate long-term economic growth and a catching-up with the developed countries. In the NEI ranking Slovenia scored highest; it is followed by the Czech Republic and Hungary. Albania, Bosnia and Herzegovina, and Serbia–Montenegro (former Yugoslavia) occupy the bottom of the table.

Sign in / Sign up

Export Citation Format

Share Document