The Role of Good Governance Toward Economic Growth of Riau Province

Good governance is one of the most important terms that various local and international organizations have started to call through their various reports. It is important to create an environment conducive to achieving economic growth rates by creating an appropriate investment climate. At the beginning of the 21st century, The markets began to open up and the opportunities became bigger and the responsibilities of governments towards their people and countries increased. This helped to develop and prosper. In contrast, many countries suffered and continue to suffer from poverty, hunger, scientific and economic backwardness, Its ability to adapt to the global system as well as the inability to move forward with the market economy, all of which led to the need to adopt the approach of good governance in the management of the various joints of the State as the best solution to the various political problems, administrative, economic and social, as a participatory system and transparent And this includes the choice of good governance and its role in strengthening the investment frameworks, which aims to identify the indicators of good governance and its role in attracting foreign investment to achieve the economic and social goals that Iraq seeks to achieve in general and reflect On the investment reality in the Kurdistan Region of Iraq in particular.

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Resource–Economic Growth Nexus, Role of Governance, Financial Development, Globalisation and War: Dynamic Approach

10.20944/preprints201904.0096.v1 ◽

2019 ◽

Author(s):

Sorush Niknamian

Keyword(s):

Economic Growth ◽

Time Series ◽

Financial Development ◽

Time Series Data ◽

Good Governance ◽

Series Data ◽

Negative Effect ◽

The Government ◽

Rich Countries

This study reassesses the resource–economic growth nexus by incorporating several channels. Advanced panel time series techniques are used to analyse panel time series data from 1980 to 2015 in 31 oil-rich countries. Results show that oil rent augments economic growth; thus, oil rent is conducive rather than impediment for economic growth. The role of governance in economic growth is significant in the selected countries. Oil rent exerts a positive significant impact on economic growth in countries with good governance compare to countries with poor governance. Financial development is an unimportant channel in the resource–growth nexus because FD is often unable to mobilise oil rent from the government to the private sector in oil-rich countries. Globalisation is advantageous for countries and promote economic growth. Moreover, war exerts a significant negative effect on growth in the long term.

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Resource–Economic Growth Nexus, Role of Governance, Financial Development, Globalisation and War: Dynamic Approach

10.31219/osf.io/akhsr ◽

2019 ◽

Author(s):

Sorush Niknamian

Keyword(s):

Economic Growth ◽

Time Series ◽

Financial Development ◽

Time Series Data ◽

Good Governance ◽

Series Data ◽

Negative Effect ◽

The Government ◽

Rich Countries

This study reassesses the resource–economic growth nexus by incorporating several channels. Advanced panel time series techniques are used to analyse panel time series data from 1980 to 2015 in 31 oil-rich countries. Results show that oil rent augments economic growth; thus, oil rent is conducive rather than impediment for economic growth. The role of governance in economic growth is significant in the selected countries. Oil rent exerts a positive significant impact on economic growth in countries with good governance compare to countries with poor governance. Financial development is an unimportant channel in the resource–growth nexus because FD is often unable to mobilise oil rent from the government to the private sector in oil-rich countries. Globalisation is advantageous for countries and promote economic growth. Moreover, war exerts a significant negative effect on growth in the long term.

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THE ROLE AND INVOLVEMENT OF BUSINESS AND INSTITUTIONAL OPERATORS IN PROMOTING LOCAL INVESTMENT AND ECONOMIC GROWTH BY ACCESSING AND USING GRANTS. MEASURES AND COURSES OF ACTION

Annals of Spiru Haret University Economic Series ◽

10.26458/1715 ◽

2017 ◽

Vol 17 (1) ◽

pp. 59

Author(s):

Janina Mirela Gabroveanu (Vladoi) ◽

Alexandru Stefanescu

Keyword(s):

Economic Growth ◽

Sustainable Development ◽

Best Practices ◽

Social Development ◽

Good Governance ◽

Regional Level ◽

Member States ◽

Eu Member States ◽

Sustainable Economic Growth

Starting from the premise that sustainable development is an overall objective of EU Member States,that can be achieved through international cooperation that aims at economic growth, social development and environmental protection, the European Commission analyzed the socio-economic and investment context of the member states, identified risks and opportunities and made some recommendations.This paper presents the best practices of the European funding system to improve the accountability of business or institutional operators accessing European funds and the measures taken by some Member States for good governance.We emphasize the need to know the socio-economic and investment context by all stakeholders and initiate concrete measures of action to ensure real and sustainable economic growth by identifying feasible and lasting solutions; what is the role of business or institutional operators at local and regional level and how it could ensure good governance at local and regional level by applying for grants.

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The role of governance in explaining the relationship between public social expenditure and economic growth An econometric study on the organization of Islamic Cooperation Countries (OIC) during the period 1996- 2016: دور الحوكمة في تفسير العلاقة بين الإنفاق الاجتماعي الحكومي والنمو الاقتصادي دراسة قياسية على بلدان منظمة التعاون الإسلامي خلال الفترة 1996- 2016

المجلة العربية للعلوم ونشر الأبحاث مجلة العلوم الاقتصادية والإدارية والقانونية ◽

10.26389/ajsrp.b050121 ◽

2021 ◽

Vol 5 (15) ◽

pp. 29-1

Author(s):

Basheer Hezam Mahdi, Mohamed Ben Mimoun Basheer Hezam Mahdi, Mohamed Ben Mimoun

Keyword(s):

Economic Growth ◽

Good Governance ◽

Negative Impact ◽

Social Spending ◽

Social Expenditure ◽

Education And Health ◽

Governance Indicators ◽

World Governance Indicators ◽

The Impact

The paper aimed to study the impact of government social spending with its various components (education, health, social care) on economic growth in light of the role of governance indicators. It considered the OIC countries' experience during the 1996- 2016 period and estimated an econometric model using the "Generalized Moment Method" (GMM). The World Governance Indicators (WGI) have been used to proxy for the governance variable. The results showed that: (i) there is a negative impact of government spending on education and health in the OIC countries, and an unstable effect of spending on social transfers on economic growth; (ii) there is an interaction between government social spending on the one hand and governance on the other hand, and that the effectiveness of government social spending increases in Islamic countries with good governance indicator; and (iii) there is a positive effect of the six sub- governance indicators- except for the “voice and accountability” indicator on economic growth, and on the effectiveness of social spending on education and health on economic growth.

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Good Governance and Economic Growth in South European Countries

Review of European Studies ◽

10.5539/res.v13n2p26 ◽

2021 ◽

Vol 13 (2) ◽

pp. 26

Author(s):

Dimitra Mitsi

Keyword(s):

Economic Growth ◽

Rule Of Law ◽

Good Governance ◽

Trade Openness ◽

Political Stability ◽

Foreign Direct Investments ◽

Institutional Variables ◽

Regulatory Quality ◽

Many Sources

Economic growth is a prerequisite for economic development. However, there is no “recipe” for countries to create an environment of prosperity and to achieve high rates of economic growth. Many researchers have examined the drivers of economic growth and find that economic growth depends on many economic and institutional variables. In this context, the main objective of this paper is to examine the role of good governance on economic growth in piicgs countries (Portugal, Ireland, Italy, Cyprus, Greece, and Spain). The database was collected from many sources and the empirical analysis is based on a 2SLS (two-stage least squares) technique. In our empirical results, we find that trade openness, gross capital formation, inflation, political stability, rule of law, debt rule, budget balanced rule, and the combination between debt rule/budget balanced rule with political stability and combination between debt rule/budget balanced rule with rule of law are significant drivers of economic growth in piicgs countries while foreign direct investments, government effectiveness, voice and accountability, regulatory quality, fiscal rule index and expenditure rule are insignificant. However, the results may be different if we use other sample groups and/or different periods.

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Stepping in the Shoes of Leaders of Populist Right-Wing Parties

Social Psychology ◽

10.1027/1864-9335/a000289 ◽

2017 ◽

Vol 48 (1) ◽

pp. 40-46 ◽

Cited By ~ 8

Author(s):

Jolanda Jetten ◽

Rachel Ryan ◽

Frank Mols

Keyword(s):

Economic Growth ◽

Growth Condition ◽

Baseline Condition ◽

Right Wing ◽

Economic Context

Abstract. What narrative is deemed most compelling to justify anti-immigrant sentiments when a country’s economy is not a cause for concern? We predicted that flourishing economies constrain the viability of realistic threat arguments. We found support for this prediction in an experiment in which participants were asked to take on the role of speechwriter for a leader with an anti-immigrant message (N = 75). As predicted, a greater percentage of realistic threat arguments and fewer symbolic threat arguments were generated in a condition in which the economy was expected to decline than when it was expected to grow or a baseline condition. Perhaps more interesting, in the economic growth condition, the percentage realistic entitlements and symbolic threat arguments generated were higher than when the economy was declining. We conclude that threat narratives to provide a legitimizing discourse for anti-immigrant sentiments are tailored to the economic context.

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The Second Start of Transformation in Ukraine?

Voprosy Ekonomiki ◽

10.32609/0042-8736-2014-9-30-52 ◽

2014 ◽

pp. 30-52 ◽

Cited By ~ 1

Author(s):

L. Grigoryev ◽

E. Buryak ◽

A. Golyashev

Keyword(s):

Economic Growth ◽

Armed Conflict ◽

Political Crisis ◽

Investment Climate ◽

Institutional Reforms ◽

Personal Consumption ◽

Governance Quality ◽

Political Turmoil

The Ukrainian socio-economic crisis has been developing for years and resulted in the open socio-political turmoil and armed conflict. The Ukrainian population didn’t meet objectives of the post-Soviet transformation, and people were disillusioned for years, losing trust in the state and the Future. The role of workers’ remittances in the Ukrainian economy is underestimated, since the personal consumption and stability depend strongly on them. Social inequality, oligarchic control of key national assets contributed to instability as well as regional disparity, aggravated by identity differences. Economic growth is slow due to a long-term underinvestment, and prospects of improvement are dependent on some difficult institutional reforms, macro stability, open external markets and the elites’ consensus. Recovering after socio-economic and political crisis will need not merely time, but also governance quality improvement, institutions reform, the investment climate revival - that can be attributed as the second transformation in Ukraine.

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Economic Growth: New Problems and New Risks

Voprosy Ekonomiki ◽

10.32609/0042-8736-2006-12-20-37 ◽

2006 ◽

pp. 20-37 ◽

Cited By ~ 6

Author(s):

M. Ershov

Keyword(s):

Economic Growth ◽

Foreign Exchange ◽

Driving Force ◽

Structural Changes ◽

Rate Of Growth

The economic growth, which is underway in Russia, raises new questions to be addressed. How to improve the quality of growth, increasing the role of new competitive sectors and transforming them into the driving force of growth? How can progressive structural changes be implemented without hampering the rate of growth in general? What are the main external and internal risks, which may undermine positive trends of development? The author looks upon financial, monetary and foreign exchange aspects of the problem and comes up with some suggestions on how to make growth more competitive and sustainable.

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At the final stage of the global crisis: Economic tasksin 2017-2019

Voprosy Ekonomiki ◽

10.32609/0042-8736-2018-3-5-29 ◽

2018 ◽

pp. 5-29 ◽

Cited By ~ 7

Author(s):

V. A. Mau

Keyword(s):

Economic Growth ◽

Final Stage ◽

Government Regulation ◽

Inflation Targeting ◽

Social Dynamics ◽

Growth Stimulation ◽

Central Banks ◽

Economic Area ◽

National Trends

The paper deals with the global and national trends of economic and social development at the final stage of the global structural crisis. Special attention is paid to intellectual challenges economists will face with in the post-crisis world: prospects of growth without inflation, new global currencies and the role of cryptocurrencies, central banks independence and their role in economic growth stimulation, new tasks and patterns of government regulation, inequality and growth. Special features of Russian post-crisis development are also under consideration. Among them: prospects of macroeconomic support of growth, inflation targeting, new fiscal rule, social dynamics and new challenges to welfare state. The paper concludes that the main obstacles for economic growth in Russia are concentrated in the non-economic area.

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