scholarly journals Charity Work and its Role in Achieving Economic Development

2021 ◽  
pp. 1-9
Author(s):  
Thamer Alnwairan
Keyword(s):  
Economic Development ◽  
Saudi Arabia ◽  
Positive Impact ◽  
Business Administration ◽  
Economic Policies ◽  
Economic Stability ◽  
Policy Performance ◽  
Research Article ◽  
Charity Work

الملخص: تهدف هذه الدراسة لبيان دور العمل الخيري في تحقيق التنمية الاقتصادية، وذلك من خلال بيان ذلك الأثر على عدد من المحاور المرتبطة بالتنمية الاقتصادية، حيث تبين أن للعمل الخيري أثر إيجابي على الانتاج، الاستثمار، اعادة توزيع الدخل والاستهلاك، وتحقيق الاستقرار الاقتصادي، وتحسين اداء السياسة المالية والنقدية. وقد أوصت الدراسة بضرورة الاهتمام بهذا القطاع لما له من أثر إيجابي في دعم السياسات الاقتصادية الهادفة لتحقيق التنمية الاقتصادية المنشودة. الكلمات المفتاحية: العمل الخيري، التنمية الاقتصادية، المجتمع RESEARCH ARTICLE Charity Work and its Role in Achieving Economic Development Thamer Ali Alnwairan Business Administration Department, College of Science and Humanities, Shaqra University, Saudi Arabia Abstract This study aims to demonstrate the role of charity work in achieving economic development by showing its effect on a number of axes related to economic development. In fact, charity work has a positive impact on production, investment, redistribution of income and consumption, and on achieving economic stability and improving policy performance. The study stresses the need to pay attention to this sector due to its positive impact on supporting economic policies that aim at achieving the desired economic development. Keywords: Charity work, economic development, society

scholarly journals MANUFACTURING AND ECONOMIC DEVELOPMENT IN THE WORLD FOR 2000-2015:MAIN FEATURES AND CHALLENGES

2017 ◽  
Vol 26 (3) ◽  
pp. 73-98
Author(s):  
Maria-Carmen GUISAN
Keyword(s):  
Economic Development ◽  
Econometric Model ◽  
Positive Impact ◽  
Strong Support ◽  
Value Added ◽  
Economic Policies ◽  
Real Value ◽  
Year 2000

We analyze the evolution of manufacturing and non manufacturing activities in 132countries for the period 2000-2015, including a summary based on 4 previous studies. Forthe period 2000-2010 we find that the average real value-added of manufacturing percapita in Africa has been very low in both years, from 278 to 282 Dollars at 2005 pricesand PPPs. The average of Asia has increased from 903 in year 2000 to 1443 in year 2010.The averages of America and the group of Europe and Eurasia have reached values higherthan 3000 both in year 2000 and 2010, with a slight decrease for the period 2000-2010.We include the estimation of an econometric model to show the positive impact ofmanufacturing on non-manufacturing production and on economic development. Thisresults, as well as other studies, are an strong support to the Kaldor´s perspective on theimportant role of industry on economic development. In order to reach the SocialDevelopment Goals (SDGs) of the United Nations, we think that it is important to increasethe presence of this type of studies and economic policies related with Worlddevelopment in the televisions, newspapers and other social media, in order to fosterinternational cooperation to the eradication of poverty and increase of quality of life.

scholarly journals Cultural and Social Diversity as an Economic Resource

2021 ◽  
Vol 65 (2) ◽  
pp. 141-155
Author(s):  
Damian S. Pyrkosz
Keyword(s):  
Economic Development ◽  
Negative Impact ◽  
Positive Impact ◽  
Economic Systems ◽  
Main Body ◽  
Social Diversity ◽  
Economic Resource ◽  
Numerous Data ◽  
The Relationship

The paper seeks to identify the role of cultural and social diversity in economic development. It starts by defining the terms that are critical to the analysis, including diversity, fractionalization, polarization, social diversity, cultural diversity and economic resources, as well as providing the most significant indexes thereof. The main body of the paper interprets the notions of cultural and social diversity in terms of being a valuable economic resource. Furthermore, it collects a vast body of literature to demonstrate the relationship between the cultural/social diversity and economic development with regard to adverse or positive impact on the latter. In regard to the negative impact of diversity, the paper identifies it in the area of social communication, social capital and networks, as it effectively causes a decrease in productivity and increase in social conflict and isolation. The positive link is demonstrated with examples in the areas of innovation, creativity, usage of complementary abilities and experiences, and their role in increasing productivity. The paper refers to numerous data sources, studies and indexes illustrating how the economic systems of various countries perform in the context of the paper’s subject-matter.

Schumpeterian economic development and financial innovations: a conflicting evolution

2014 ◽  
Vol 10 (2) ◽  
pp. 257-277 ◽  
Author(s):  
FARUK ÜLGEN
Keyword(s):  
Economic Development ◽  
Financial Markets ◽  
Regulatory Mechanisms ◽  
Economic Evolution ◽  
Destruction Process ◽  
Economic Stability ◽  
Institutional Dynamics ◽  
Financial Innovations

Abstract:Although in the Schumpeterian process of entrepreneurial innovations money and financial markets are assumed to affect economic development, Schumpeter does not explicitly study financial evolution and its effects on real dynamics. In order to fill this gap, this article suggests a Minsky-inspired interpretation of Schumpeterian institutional dynamics in monetary terms. It then develops a specific Schumpeterian analysis of the evolution of financial institutions and regulatory mechanisms in the wake of the 2007–08 crisis and points to major consequences of financial innovations on economic stability. It appears that unlike the creative destruction process of entrepreneurial innovations, in a liberalised/deregulated environment financial innovations move banks from their crucial role of financing long-term economic evolution and lead to reckless finance. Thus, financial market dynamics put economies on a destructive path. Such an evolution calls for active and tight rational regulation in order to shape capitalist finance towards more stable and welfare-enhancing strategies.

Economic Policy and Latin American Culture: Is a Virtuous Circle Possible?

1999 ◽  
Vol 31 (1) ◽  
pp. 167-190 ◽  
Author(s):  
DAVID E. HOJMAN
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Latin American ◽  
Cultural Change ◽  
Traditional Culture ◽  
Economic Policies ◽  
Cultural Attitudes ◽  
Poverty And Inequality ◽  
Latin American Culture

Economic development is positively related to the presence of favourable cultural attitudes (‘progressive values’): the radius of trust, the ethical system, the nature of the exercise of authority, and attitudes to work, savings, and innovation. This article explores the possibility of a virtuous circle linking economic policies and Latin American cultural attitudes, mostly using examples from Chile since the mid 1980s. The link from culture to development emerges from education, economic awareness and professional economics, and the traditional culture and spontaneous cultural change. The link from economic policy to culture is represented by developments in macroeconomics and the financial sector, industrial protection and free trade, and female participation in the labour market. The role of poverty and inequality, and the effectiveness of exhortation versus incentives, and of concentrating the effort on several specific groups, are also examined.

scholarly journals The Role of Digital Economy to Enhancing Sustainable Economic Development

2020 ◽  
Vol 4 (4) ◽  
pp. 519
Author(s):  
Nur Aini Fitriya Ardiani Aniqoh
Keyword(s):  
Economic Development ◽  
Service Providers ◽  
Positive Impact ◽  
Economic Value ◽  
National Development ◽  
Digital Economy ◽  
Goods And Services ◽  
Sustainable Economic Development ◽  
The Government

This study analyzes The Role of Digital Economy  to Enhancing Sustainable  Economic Development. The general objective of this research is to assist the government in determining the right policy on the implement of digital economy and its impact on the the sustainable economic development, especially in Indonesia. In Indonesia the digital economy has increasingly developed in the field of ecommerce. The ecommerce industry is not merely talking about buying and selling goods and services via the internet. But there are also other things in it such as inter-service providers, telecommunications providers and others. This is the reason why the ecommerce industry must be adapted to be able to push the economic pace forward. The government is currently declaring Indonesia as the largest digital economy in 2020 and is targeted to be the largest in Southeast Asia. One of the foundations of national development in this declaration is the digital sector. The government targets ecommerce transactions to reach US $ 130 billion and creates 1,000 technopreneur with a business value of US $ 10 billion in 2020.  Therefore this research will provide policy benefits in strengthening government institutions in order to control the implementation of digital economy in Indonesia so that it give the positive impact on the sustainable economic development to be able to prosper the community and have a positive impact on the environment and increasing the economic value.

scholarly journals THE ROLE OF BANKS AND SECURITIES MARKETS IN THE POST-TRANSITION ECONOMIES OF EASTERN EUROPE

2020 ◽  
Author(s):  
Sasho Arsov
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Eastern Europe ◽  
Banking Sector ◽  
Positive Impact ◽  
Financial Sector ◽  
Securities Markets ◽  
Positive Role ◽  
The Impact

Economic theory predicts that the development of the financial sector should have a positive impact on the overall economic development. Research has predominantly confirmed this expectation, with the remark that at earlier stages of economic development this impact should be higher, while a disproportionate banking sector has detrimental effect on growth through its impact on attracting highly skilled workforce, increased presence of moral hazard and the associated banking crises. This issue has been studied only occasionally in the case of the former socialist economies of Central and Eastern Europe and the former USSR. This paper represents an attempt to analyze the impact of the banking sector and securities markets development on the economic growth of these countries. A sample of 22 countries is assembled, using data from 1995 to 2018 and a panel regression and a GMM technique are used to derive conclusions on the researched topic. The analysis has shown that the banking sector has played a positive role in the economic growth throughout the analyzed period, while the role of the stock market is not significant. This is in line with the previous studies which have confirmed that the positive role of the securities markets should be expected only at higher levels of economic development. Also, the impact of the overall financial sector is deemed to be positive.

scholarly journals KAWASAN EKONOMI KHUSUS DAN PEMBANGUNAN EKONOMI REGIONAL: SEBUAH STUDI LITERATUR

2020 ◽  
Vol 1 (2) ◽  
pp. 40-54
Author(s):  
Nurafni Irma Suryani ◽  
Ratu Eva Febriani
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Regional Economy ◽  
Positive Impact ◽  
Special Economic Zones ◽  
Literature Study ◽  
Economic Growth Rate ◽  
Economic Zones ◽  
The Impact

Special Economic Zones are very important for the progress of an area. SEZ is able to contribute to the regional economy and increase economic development by providing direct and indirect effects. The purpose of this study is to determine the impact of special economic zones on regional economic development. The object of this study is to explore the establish SEZ in Indonesia just only refer to two SEZs namely SEI Mangke and Tanjung Lesung. This research used literature study as a method. The results show that SEZ make the regional economy is starting to move towards a better direction. The role of two SEZs observed have different impact on regional economy, SEI Mangke has a positive impact on macroeconomy indicator such as reduced unemployment, reduced poverty and an increased economic growth rate in Simalungun Regency. Otherwise, Tanjung Lesung just has a positive impact on MSMEsKeywords: Unemployment, Poverty, Economic Growth, Pengembangan UMKM, SEZ Sei Mangke, SEZ Tanjung Lesung

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