scholarly journals Slowing Economic Growth around the World in the 21st Century

2019 ◽  
Vol 07 (04) ◽  
pp. 1926-1935
Author(s):  
Yitian Lyu ◽  
Chenrui Zhang
2017 ◽  
Vol II (1) ◽  
pp. 44-56
Author(s):  
Haseeb Ur Rehman Warrich ◽  
Muhammad Rehman ◽  
Sahrish Jamil

No other element impacted the historical conditions of the preceding 100 years to such an extent as the war to secure and control the world's reserves of petroleum. Sustainable economic growth after 1873, that discouraged British Empire, arose mechanical economies in Europe. Central Asia remained the object of rivalries and machination by the giant countries of the Europe. World Domination Games started from Pillage Games that lead towards many “Games” such as Great Game, New Great Game, Game Changer and New Game Changer. All prefect countries desire to have a control over the world for the last two centuries. Their efforts turn into numerous clashes and clashes led towards wars. In the twentieth century wars transformed not only their names but also their genetics that has profound impact on the 21st Century. This laid foundation of the emerging new superpowers in every century.


Author(s):  
Alison J. Bruey

Chile was one of the first countries in the world to undergo a transition to neoliberalism. Neoliberalism became official state policy in 1975, during the Pinochet dictatorship (1973–1990), during which time it generated two deep economic crises and historicall high unemployment. Since 1990, civilian administrations have continued to administer the neoliberal model, popularly referred to as el modelo, with selective reforms. Despite economic growth and reductions in poverty rates since 1990, el modelo has become ever more controversial. In the 21st century, public protest has increased as broad sectors of society negatively affected by the privatization of education, healthcare, and pension systems, among other ills, have organized collectively to express their discontent.


Pedagogika ◽  
2018 ◽  
Vol 130 (2) ◽  
pp. 5-31
Author(s):  
Ramutė Bruzgelevičienė

The article continues the analysis of the problem of tensions between the modelled direction and the context in education in Lithuania in the stage of its development in the second decade of the 21st century. The selected aspect – the opportunity for the transformational purpose of education declared in documents on education while social groups assess education unfavourably. The research question – why are there tensions between the declared transformational purpose of education and the context of development of education. The research is based on the qualitative methodology of documentary analysis: purposefully selected document sources of discourse on educational matters are analysed. Data analysis and interpretation and discussion of approaches by comparing them with theoretical perceptions and insights of researchers lead to conclude the following: All approach coalitions analysed in the discourse recognise transformational impact of education as a system on an individual and society, but treat the content of the impact completely differently. The representatives of business and politics coalitions rely in the discourse on the perceptions of education as socialisation and development of society as economic growth, therefore they would consider education good, if individuals were formed in accordance with the requirements of the business coalition, with no opportunities to choose the learning area, provision of knowledge of exact sciences, digital literacy and entrepreneurship required for economic growth rates, training the capacity to sell skills, instilling values and behavioural models for taking care of oneself, so that young people would as soon as possible be able to become the quality “human capital” creating added value, while the education system and policy would serve business and industrial development. This discourse coalition uses pervading economic criteria in assessing the intellectual resources and processes of education, and educational outcomes, and would use these criteria for modelling further direction of teaching individuals and developing education. Individual participants of discourse who by their occupation belong to the business coalition are guided by the perception of the development of society as long-term sustainable progress, i.e. they assess not only economic growth, but also the distribution of goods resulting from sustainable progress and the stability of progress. Although individual approaches do not represent a strong position in assessing education, their concepts serve the basis for raising the problem of equality of income and opportunities in society, which has a significant impact on educational outcomes: income inequality causes inequality of opportunities due to which some part of the youth is socially marginalised or is forced to emigrate. The discourse coalition of philosophers, sociologists, and psychologists relies on the perception of education as empowerment of an individual and as personal liberation, development of society as increasing choice opportunities and the process of revealing the capacity to form the world. Approaches of this coalition focus on the humanist relationship with the growing individual as the perspective of the nation, on a human being nurtured on the humanist level as a civic, thinking, creative and democratic individual, on the cognition of the world as an intrinsic value and as the way to search for intelligence, on knowledge which serves values, and also on many other values which essentially represent the provisions of educational policies adhered to in Lithuania in the second decade of the 21st century. Tensions between the provisions modelled in education and the understanding of the role of education in society, assessment of the condition of education, and further direction in which education should develop during the period researched by groups implementing education policy and different groups of society occur due to conflicting theoretical concepts, on which individual groups of society rely.


Abstract As the world is facing numerous global ecological issues at once, the question arises of what will help mitigate and solve contemporary matters related to resource management or climate change without devastating the economies. Fortunately, the widespread application of the circular economy would help countries worldwide simultaneously ensure economic growth without significant environmental deterioration, essentially decoupling the two factors. While Hungary’s contribution to environmental problems is not significant in absolute terms, the economic sector’s circular transition could help the country decrease its impact in relative terms and pave the path for a green economy. Nevertheless, companies, especially SMEs, tend to struggle the most with the initial phases of the shift thus it is crucial to assess the factors that prevent and support their transition.


1997 ◽  
Vol 2 (4) ◽  
pp. 356-365 ◽  
Author(s):  
Fouad A-L.H. Abou-Hatab

This paper presents the case of psychology from a perspective not widely recognized by the West, namely, the Egyptian, Arab, and Islamic perspective. It discusses the introduction and development of psychology in this part of the world. Whenever such efforts are evaluated, six problems become apparent: (1) the one-way interaction with Western psychology; (2) the intellectual dependency; (3) the remote relationship with national heritage; (4) its irrelevance to cultural and social realities; (5) the inhibition of creativity; and (6) the loss of professional identity. Nevertheless, some major achievements are emphasized, and a four-facet look into the 21st century is proposed.


2009 ◽  
Author(s):  
Blair Williams Cronin ◽  
Ty Tedmon-Jones ◽  
Lora Wilson Mau

2001 ◽  
pp. 13-17
Author(s):  
Serhii Viktorovych Svystunov

In the 21st century, the world became a sign of globalization: global conflicts, global disasters, global economy, global Internet, etc. The Polish researcher Casimir Zhigulsky defines globalization as a kind of process, that is, the target set of characteristic changes that develop over time and occur in the modern world. These changes in general are reduced to mutual rapprochement, reduction of distances, the rapid appearance of a large number of different connections, contacts, exchanges, and to increase the dependence of society in almost all spheres of his life from what is happening in other, often very remote regions of the world.


2003 ◽  
pp. 23-38 ◽  
Author(s):  
M. Ershov

At present Russia faces the task of great importance - effective integration into the world economy. The success of this process largely depends on the strength of the domestic economy and stable economic growth. To attain such a goal certain changes in economic approaches are required which imply more active, focused and concerted steps in the monetary, fiscal and foreign exchange policy.


2004 ◽  
pp. 65-75 ◽  
Author(s):  
Mst. Afanasiev

Сreation of the stabilization fund has become the main feature of the Russian federal budget for 2004. This instrument provides the opportunity to reduce the dependence of budget incomes on the fluctuations of oil prices. The accepted model does not consider the world experience in building of such funds as the "funds for future generations", and the increase of other revenues from the growing oil prices as well. That can lead to shortening and immobilization of the financial basis of economic growth.


2018 ◽  
pp. 5-29 ◽  
Author(s):  
L. M. Grigoryev ◽  
V. A. Pavlyushina

The phenomenon of economic growth is studied by economists and statisticians in various aspects for a long time. Economic theory is devoted to assessing factors of growth in the tradition of R. Solow, R. Barrow, W. Easterly and others. During the last quarter of the century, however, the institutionalists, namely D. North, D. Wallis, B. Weingast as well as D. Acemoglu and J. Robinson, have shown the complexity of the problem of development on the part of socioeconomic and political institutions. As a result, solving the problem of how economic growth affects inequality between countries has proved extremely difficult. The modern world is very diverse in terms of development level, and the article offers a new approach to the formation of the idea of stylized facts using cluster analysis. The existing statistics allows to estimate on a unified basis the level of GDP production by 174 countries of the world for 1992—2016. The article presents a structured picture of the world: the distribution of countries in seven clusters, different in levels of development. During the period under review, there was a strong per capita GDP growth in PPP in the middle of the distribution, poverty in various countries declined markedly. At the same time, in 1992—2016, the difference increased not only between rich and poor groups of countries, but also between clusters.


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