scholarly journals Becoming an Asian Tiger: What Lessons Bangladesh can get from East Asian Miracles?

2021 ◽  
Vol 04 (03) ◽  
Author(s):  
Md Ikhtiar Uddin Bhuiyan ◽  
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
International Organizations ◽  
East Asian ◽  
Research Papers ◽  
Weak Institutions ◽  
Asian Tiger ◽  
Growing Economy ◽  
The Right

The economy of Bangladesh is extremely dynamic and its increasing economic growth is contributing in improving the quality of livings of its people. According to some observers, Bangladesh is becoming a new Asian Tiger as it is the fastest growing economy in the continent. East Asian miracle has left a lot of lessons which are favorable for Bangladesh to become the next Asian Tiger. This paper has tried to review the East Asian miracle and explore lessons from this miracle for other developing countries, especially for Bangladesh. The main purpose of this paper is to find out the way by which Bangladesh can become an Asian Tiger, beside it focused on its challenges to be an Asian Tiger and how it can overcome them? Data were collected from different research papers, articles, journals, reports of different national and international organizations, websites and newspapers related to this topic for analyzing problems. It is founded that Bangladesh is in the right economic track but corruption and weak institutions are the main problems need to be solved and it is possible for Bangladesh to be an Asian Tiger.

scholarly journals DETERMINANTS OF LABOUR DEMAND, A CASE OF MOGADISHU CITY, SOMALIA

2017 ◽  
Vol 1 (2) ◽  
pp. 86-98
Author(s):  
Mahad Mohamed
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Important Determinant ◽  
Labour Demand ◽  
Formal Sector ◽  
Global Competitiveness ◽  
Cheap Labour ◽  
The Government ◽  
The Right

Purpose: The purpose of this study was to investigate the determinants of labour demand, a case of Mogadishu City, Somalia.Methodology: The paper employed desktop methodology, which involved review of existing literature relating to the study topic. The design involves a review of existing studies relating to the research topic.Results: Based on the findings the study identified cost as a key determinant of labour demand, especially, in the formal sector. Previous studies indicate that most firms demand for cheap labour. The study also identified education as an important determinant of demand for labour in the World. Owing to the increasing global competitiveness, firms demand for highly skilled and competent workforce. Unfortunately, majority of workforce in developing countries such as Somalia do not have the right skills and competence.  Further,  the study concluded that a country with a stable economic growth enjoys high demand for labour. This is because the available workforce is skilled and competent enough.  However, in developing countries such as Somalia, the demand for labour is very low. Somalia has experienced long period of economic slowdown, and this has affected the quality of workforce.Unique contribution to theory, practice and policy: Based on the study findings the study recommends that the federal government of Somalia should adopt measures to regulate labour cost. The study also recommends that the government should adopt more measures to promote education. The study further recommends for international interventions to ensure that Somalia’s economy gets back on its fit. Stable economic growth will lead to increased demand for labour.

Turkey in Crisis: Some Contradictions in the Kemalist Development Strategy

1983 ◽  
Vol 15 (1) ◽  
pp. 47-66 ◽  
Author(s):  
Özay Mehmet
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic System ◽  
Development Strategy ◽  
Growth Rates ◽  
Political System ◽  
Political Crisis ◽  
Half Century ◽  
The Right

The recent crisis in Turkey has been described primarily as a political crisis caused by an unworkable political system under attack from organized terrorism from both the right and the left. While this may be valid as an immediate cause, there are some structural and ideological contradictions in the Turkish economic system which must also be highlighted. These contradictions have evolved gradually over the last half century in the course of Turkey's efforts to achieve industrial and economic growth. They have been exacerbated in particular by a process of lopsided industrialization after 1960 which, as in most other developing countries, has resulted in increased poverty and unemployment while achieving overall growth rates of 6 percent or better.

scholarly journals Economic Growth by Means of Fiscal Decentralization: An Empirical Study for Federal Developing Countries

SAGE Open ◽  
2020 ◽  
Vol 10 (4) ◽  
pp. 215824402096808
Author(s):  
Imran Hanif ◽  
Sally Wallace ◽  
Pilar Gago-de-Santos
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Fiscal Federalism ◽  
Fiscal Decentralization ◽  
Positive Impact ◽  
Generalized Method Of Moments ◽  
Estimation Method ◽  
Tax Revenue ◽  
Weak Institutions ◽  
The Impact

The impact of fiscal federalism on economic performance has largely been studied in the developed world since the seminal work of Oates. In this article, we focus on a particular set of developing countries considered to be federal (Forum of Federations), to examine how fiscal decentralization has impacted their economic growth. In this context, we study the impact of tax revenue and expenditure decentralization on economic growth in developing federations. For this purpose, a panel data of 15 developing federations from 2000 to 2015 are analyzed by using a two-step system Generalized Method of Moments (GMM) estimation method. The results show that in federal developing countries, both tax revenue and expenditure decentralization have a significant, positive impact on economic growth. What is more, our findings show that the impact of fiscal decentralization on economic growth depends upon the level of perceived corruption and on the quality of the country’s institutions. Thus, empirical evidence depicts that the positive effect of fiscal decentralization on economic growth is tempered if the country is plagued with corruption, if it has weak institutions, and/or if it suffers from political instability. By contrast, a relatively corruption-free country featuring healthy institutions and a stable political environment could take fuller advantage of the effects of fiscal decentralization to improve economic growth.

scholarly journals How to be an Asian Tiger

1997 ◽  
Vol 2 (2) ◽  
pp. 87-108
Author(s):  
Anis Alam
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
World Bank ◽  
Developed Countries ◽  
Small Country ◽  
The World Bank ◽  
Asian Tiger ◽  
The World ◽  
The Republic ◽  
Industrialised Countries

In 1995 the Republic of Korea (ROK) was officially admitted to the Organisation for Economic Cooperation and Development (OECD). This organisation groups together industrially developed countries of the world. Recently, the World Bank has also released a study of China that predicts that China is going to become the second biggest economy in the next fifteen years if its economic growth follows the pattern of the last fifteen years. ROK is the only country from among the developing countries to join the ranks of the developed industrialised countries in the last thirty years. However, it is still a small country compared to China. Hence when China completes its transformation into an industrialised country the whole world will be affected.

Evaluation of export diversification on sustainable growth in Kazakhstan

2021 ◽  
pp. 49-63
Author(s):  
Olzhas Shaizandaevich Adilkhanov ◽  
Orazaly Sabden
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
International Organizations ◽  
State Level ◽  
Developed Countries ◽  
Sustainable Growth ◽  
Export Diversification ◽  
The Past ◽  
Export Policies ◽  
Sustainable Economic Growth

Over the last ten years developing countries have achieved very fast economic growth comparing to the former developed countries and gained the opportunity to vastly widen their export basket. Kazakhstan over the past years is trying to diversify its export as well by becoming a member of international organizations and supporting its exporters by implementing different programs on a state level. Thus, the need for the deep research of Kazakhstan's export opportunity has appeared. The main purpose of the article is to determine the effect of export's diversification on sustainable economic growth and evaluate the potential of the processing field on the example of regions of Kazakhstan. The research has given important results, that is, in 4 regions of Kazakhstan are great opportunities to increase the export of metallurgy, engineering and chemical industry. The results of the study will be useful tool in applying export policies of the regions.

Digital Divide and the ICT Paradigm Generally and in Estonia

2005 ◽  
pp. 182-187
Author(s):  
Tarmo Kalvet
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
Developing Countries ◽  
Public Sector ◽  
New Technologies ◽  
Third Wave ◽  
The Public ◽  
The Third ◽  
Made In

A multitude of writings have appeared since the 1970s describing how societies have undergone “information revolutions” (Bell, 1973; Castells, 1998; Masuda, 1981), “the third wave” (Toffler, 1980), etc. Indeed, ICT development has been explosive in both developed and developing countries since the 1990s. This, in turn, has given some countries an opportunity for bigger economic growth; attempts have been made in a majority of countries to rearrange the organization of the public sector, and individuals have experienced a rise in the quality of life due to the introduction of new technologies.

scholarly journals National policies in ensuring access to quality and safety of drugs: A challenge or a prerequisite

2018 ◽  
Vol 8 (1) ◽  
Author(s):  
M. Hadipour Dehshal ◽  
M. Tabrizi Namini
Keyword(s):  
Developing Countries ◽  
International Organizations ◽  
Decision Makers ◽  
Essential Medicines ◽  
Pharmaceutical Companies ◽  
Patient Status ◽  
Important Challenge ◽  
Medical Delivery

Access to the essential medicines is an important challenge in the developing countries. To have access to the quality and affordable medicines, the pharmaceutical decision makers try different strategies. The production of generic and copy medicines is one of the strategies that if adopted based on the recognized standards and norms can be effective in raising the health status in the developing countries. However, the regulation enfeeblement has somewhat impaired the quality of generic and copy medicines and harmed the health life of consumers. Here we aim to reflect over the role of different beneficiaries including international organizations, governments, pharmaceutical companies, and NGOs in ensuring the feasible and sustainable access of citizens to the essential medicines. We also aim to highlight the importance of the patient status in the enhancement of the medical delivery.

scholarly journals Financial development and economic growth: Role of institutional quality

2009 ◽  
Vol 56 (3) ◽  
pp. 327-357 ◽  
Author(s):  
Abdelkarim Yahyaoui ◽  
Atef Rahmani
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Human Capital ◽  
Panel Data ◽  
Financial Development ◽  
Institutional Quality ◽  
The Real ◽  
Development Institutions

The objective of our work is to show the importance of a healthy institutional framework in the finance-growth relation. In this context, we start by presenting, a theoretical lighting on this subject while trying to define the concept of the governorship and to determine its various measurements. Then, we empirically test a model of growth of Solow increased by the human capital, treating relation between financial development, institutions and economic growth. The various estimates were made by Panel data Methods over the period of 1990 to 2006 for 22 developing countries. Following these estimates, it seems that the quality of the institutions is regarded as an important factor which must not be neglected in the study of the relation between the financial sphere and the real sphere.

scholarly journals Need of Sentiments Analysis with CF for Quality Recommendations

2021 ◽  
Vol 5 (2) ◽  
pp. 1-5
Author(s):  
Seema P. Nehete ◽  
Satish R. Devane
Keyword(s):  
Neural Network ◽  
Recommendation System ◽  
Research Papers ◽  
High Recall ◽  
User Reviews ◽  
Target User ◽  
Artificial Neural Network Ann ◽  
Quality Of Products ◽  
The Right

Recommendation system (RS) help user for purchasing the right product of their interest within the affordable right price. Presently many RS make use of only filtering methods to recommend products to the user which is not taking care of the quality of products. Quality of products can be found from textual reviews available on various e-commerce websites and hence this RS performs Sentiment Analysis (SA)of extracted relevant textual reviews along with Collaborative Filtering (CF) to give accurate and good quality recommendations to the user. Reviews are analyzed using optimized Artificial Neural Network (ANN) which shows notified improvement than traditional ANN on real-time extracted data of reviews.CF performance is proved by using the standard dataset of movilense used in many research papers. Results show high recall and accuracy of CF for the recommendation of products to the target user.

scholarly journals «GREEN» TECHNOLOGIES AS A FACTOR IN THE SUSTAINABLE DEVELOPMENT OF THE NATIONAL ECONOMY

2021 ◽  
Vol 230 (4) ◽  
pp. 423-430
Author(s):  
E.I. MANTAEVA ◽  
◽  
V.S. GOLDENOVA ◽  
I.V. SLOBODCHIKOVA ◽  
◽  
...  
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
National Economy ◽  
Geothermal Energy ◽  
Developed Countries ◽  
Green Energy ◽  
Green Technologies ◽  
The Sustainable Development ◽  
The Right

Since the late 1980s there has been a global rethinking of the human impact on the environment. This led to the emergence of various theories emphasizing environmental stewardship while maintaining a sustainable rate of economic growth. These theories are called the concept of sustainable development. The ecological component of sustainable development emphasizes a frugal attitude to the ecosystem, «green» technologies as the basis for innovative growth and protection of the right of future generations to the quality of the environment. Most developed countries already emphasize the development of such "green" technologies as hydropower, wind power, solar and bioenergy, and geothermal energy. Due to the growing demand of countries for energy resources, it is the development of "green" energy that can become a key point of economic growth of the national economy without harming the environment.

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