scholarly journals Batam Tourism Visits and Economic Growth: Policy and Impact

Author(s):  
Albert Gamot Malau
Author(s):  
Rudra P. Pradhan ◽  
Tamal Nath ◽  
Rana P. Maradana ◽  
Ajoy K. Sarangi

In this paper, using a panel causality approach, we examine endogenous connections between financial development, innovation, and economic growth in OECD countries for the period 1961–2018. The empirical results of our study show that financial development and innovation support long-run economic growth and that the short-run dynamics facet the multifarious interconnections between financial development, innovation, and economic growth. The strategic insight drawn from this research is that to ensure sustainable economic growth, policy-makers in the OECD countries must pay attention to establishing an integrated structure that looks into co-improvement policies concerning the activities that enhance financial development, innovation, and economic growth.


2007 ◽  
pp. 30-51 ◽  
Author(s):  
S. Glazyev

The paper analyzes the present conditions of the Russian economy, existing and possible directions of its evolution in the context of global long-term development tendencies. Proceeding from the regularities of contemporary economic growth, the main problems and threats to the Russian economy development as well as the consequences of continuing tendencies of its structural degradation are assessed. A set of proposals for the formation of economic growth policy is substantiated. These proposals take into account the need to overcome existing disproportions and problems, possibilities of the activation of the competitive advantages and sources of growth.


2019 ◽  
Vol 1 (2) ◽  
pp. 163-182 ◽  
Author(s):  
Sineenat Sermcheep

Based on the panel data from 1980 to 2014, this article examines the effect of services export on economic growth in the ASEAN countries. The results show that there has been evidence of services export-led growth in ASEAN during the past decades. The services export data are disaggregated into modern and traditional services exports, and the estimations show that both exports contribute to the GDP growth with the less strong positive effect from the modern services exports. The goods export, conventional engine of growth, also maintains its significant and robust role as the growth-enhancing factor for ASEAN. In the period of a slow growth of goods exports and the direction of the growth policy towards services-oriented sector, the services exports have become increasingly significant as a new engine of growth, which also complement to the existing growth engine. JEL Codes: F43, O4


2020 ◽  
pp. 1-19
Author(s):  
Idowu A Akinloye

Abstract This article critically reviews the provisions of section 10(a) of the Nigerian National Broadcasting Commission Act 1992 (the Act). The section provides for the proscription of issuance of a broadcasting licence to religious organisations. This article, through literature review, argues that the provision of the Act infringes the provisions of the Constitution of the Federal Republic of Nigeria 1999 (as amended) (the Constitution) in two ways. First, it impinges the institutional right to the freedom to practice and manifest religious expressions. Secondly, it contravenes the state’s constitutional obligation to make policies that would promote socioeconomic development of the country; thus, portraying as mere cosmetic, the extant economic and development policies of successive governments. The article contends that the provision of the Act is unfit in a constitutional and democratic society and economically not beneficial to Nigeria. The article concludes that the provision infringes on the freedom of religion of the citizens and runs contrary to a sustainable national economic growth policy. The article therefore recommends an amendment to the Act.


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