scholarly journals Determinants of Economic Growth: Evidence from Somalia

2017 ◽  
Vol 9 (6) ◽  
pp. 200
Author(s):  
Ali Yassin Sheikh Ali ◽  
Mohamed Saney Dalmar ◽  
Ali Abdulkadir Ali
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
Government Expenditure ◽  
Difference Model ◽  
Explanatory Variables ◽  
The People ◽  
The World ◽  
Level Model ◽  
The One ◽  
Determinants Of Economic Growth

Somalia has suffered enormous instability and civil war in the last three decades, which have impacted the population as well as the economy of the country. Although Somalia is the one of the most impoverished and corrupt nations in the world, it has registered small growth in recent years. The people of Somalia are entrepreneurial by nature and have established business firms both outside and inside the country. This paper aims to investigate empirically the causal relationships between economic growth and variables such as exports (X), foreign aid (FA), government expenditure (GE), gross capital formation (GCF), and foreign direct investment (FDI). The unit root of the data was tested for all variables, and the variables were non-stationary in the level model but stationary in the first-difference model. The null hypothesis of no co-integration was rejected, and the tests revealed a causal relationship among the variables in the study. Four of the six explanatory variables were not statistically significant. Only the variables of GCF and FDI were statistically significant for economic growth.

scholarly journals TEARS OF BLOOD AND RAIN $ USD IN INDONESIA (Covid19 Case Study 2020-2021)

2021 ◽  
Author(s):  
endang naryono
Keyword(s):  
Economic Growth ◽  
Economic Downturn ◽  
Central Java ◽  
The People ◽  
The World ◽  
Health Products ◽  
Second Year ◽  
The Government ◽  
The One

Humans can only try but God is the one who decides, when the government is full of optimism with economic growth which since 2016 – 2019 has been sharply corrected not in line with expectations, although many doubt it because it is too dreaming in the midst of the world's economic downturn and macro and micro indicators that are not supportive . At the end of 2019 the world was shocked by a humanitarian disaster, namely Covid-19 which started from Wuhan, China and spread throughout the world. Many observers say that Covid19 has spread to Indonesia but the government denies it and many ministers underestimate it and even make it a very unfunny joke.It was only on March 2, 2020 that the government announced that Covid19 had entered Indonesia. The government began to panic especially the people, people stormed shopping centers so that basic commodities became scarce even if they were available, the prices were very expensive, health products disappeared from the market because there were many inappropriate purchases and many people hoarded them in the hope of getting high profits. The government seems to be in a dilemma between the economy or the safety of its people, both of which are very important, especially since Indonesia's economic growth is largely influenced by public consumption.Now that we have entered the second year of Covid19, there are no signs that mean that covid19 will disappear in the world and especially in Indonesia on June 10-16, 2021, the surge affected by Covid19 is getting crazier, even as if it is out of control at the athlete's house in Jakarta, the occupancy is approaching 80%. has exceeded the limits set by the WHO, West Java, Central Java and East Java. The higher spike makes people more nervous and makes it more difficult to survive.

scholarly journals TEARS OF BLOOD AND RAIN $ USD IN INDONESIA (Covid19 Case Study 2020-2021)

2021 ◽  
Author(s):  
endang naryono
Keyword(s):  
Economic Growth ◽  
Economic Downturn ◽  
Central Java ◽  
The People ◽  
The World ◽  
Health Products ◽  
Second Year ◽  
The Government ◽  
The One

Humans can only try but God is the one who decides, when the government is full of optimism with economic growth which since 2016 – 2019 has been sharply corrected not in line with expectations, although many doubt it because it is too dreaming in the midst of the world's economic downturn and macro and micro indicators that are not supportive . At the end of 2019 the world was shocked by a humanitarian disaster, namely Covid-19 which started from Wuhan, China and spread throughout the world. Many observers say that Covid19 has spread to Indonesia but the government denies it and many ministers underestimate it and even make it a very unfunny joke.It was only on March 2, 2020 that the government announced that Covid19 had entered Indonesia. The government began to panic especially the people, people stormed shopping centers so that basic commodities became scarce even if they were available, the prices were very expensive, health products disappeared from the market because there were many inappropriate purchases and many people hoarded them in the hope of getting high profits. The government seems to be in a dilemma between the economy or the safety of its people, both of which are very important, especially since Indonesia's economic growth is largely influenced by public consumption.Now that we have entered the second year of Covid19, there are no signs that mean that covid19 will disappear in the world and especially in Indonesia on June 10-16, 2021, the surge affected by Covid19 is getting crazier, even as if it is out of control at the athlete's house in Jakarta, the occupancy is approaching 80%. has exceeded the limits set by the WHO, West Java, Central Java and East Java. The higher spike makes people more nervous and makes it more difficult to survive

scholarly journals The Determinants of Economic Growth in Ghana: New Empirical Evidence

2018 ◽  
Vol 21 (3) ◽  
pp. 626-644 ◽  
Author(s):  
Sin-Yu Ho ◽  
Bernard Njindan Iyke
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Foreign Aid ◽  
Financial Development ◽  
Negative Impact ◽  
Government Expenditure ◽  
Positive Influence ◽  
Policy Implications ◽  
The Impact ◽  
Determinants Of Economic Growth

This article deals with an investigation into the determinants of economic growth in Ghana over the period from 1975 to 2014. In particular, we investigated the impact of physical capital, human capital, labour, government expenditure, inflation, foreign aid, foreign direct investment, financial development, globalization and debt servicing on economic performance within an augmented Solow growth model. It was found that, in the long run, both human capital and foreign aid have a positive influence on output, while labour, financial development and debt servicing have a negative impact on output. It was also found that, in the short run, government expenditure and foreign aid have a positive influence on economic growth, while labour, inflation and financial development have a negative impact on economic growth. These findings hold important policy implications for the country.

scholarly journals Structural changes and economic growth in the world economy and Russia

2019 ◽  
Vol 5 (1) ◽  
pp. 1-26 ◽  
Author(s):  
Valeriy V. Mironov ◽  
Liudmila D. Konovalova
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Global Economy ◽  
World Economy ◽  
Structural Changes ◽  
Russian Economy ◽  
The World ◽  
Preliminary Version ◽  
The One ◽  
Relationship Of

The article considers the problem of the relationship of structural changes and economic growth in the global economy and Russia in the framework of different methodological approaches. At the same time, the paper provides the analysis of complementarity of economic policy types, which, on the one hand, are aimed at developing the fundamentals of GDP growth (institutions, human capital and macroeconomic stabilization), and on the other hand, at initiating growth (with stable fundamentals) with the help of structural policy measures. In the study of structural changes in the global economy, new forms of policies of this kind have been revealed, in particular aimed at identifying sectors — drivers of economic growth based on a portfolio approach. In a given paper a preliminary version of the model of the Russian economy is provided, using a multisector version of the Thirlwall’s Law. Besides, the authors highlight a number of target parameters of indicators of competitiveness of the sectors of the Russian economy that allow us to expect its growth rate to accelerate above the exogenously given growth rate of the world economy.

scholarly journals AID AND GROWTH IN BANGLADESH: A REASSESSMENT

2018 ◽  
pp. 422-440
Author(s):  
Sharif Hossain ◽  
Rajarshi Mitra ◽  
Thasinul Abedin
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
Inflation Rate ◽  
Government Expenditure ◽  
Real Income ◽  
Domestic Investment ◽  
Real Gdp ◽  
Long Run ◽  
Short Run ◽  
Per Capita

Although the amount of foreign aid received by Bangladesh as a share of GDP has declined over the years, Bangladesh remains one of the heavily aiddependent countries in Asia. The results of most empirical studies that have examined the effectiveness of foreign aid or other forms of development assistance for economic growth have varied considerably depending on the econometric methodology used and the period of study. As the debate and controversy over aid-effectiveness for economic growth continue to grow, this paper reinvestigates the short-run and long-run effects of foreign aid received on percapita real income of Bangladesh over the period 1972–2015. A vector error correction model is estimated. The results indicate lack of any significant short-run and long-run relation between foreign aid and per-capita real income. Results further indicate short-run unidirectional causalities from per-capita real GDP to domestic investment (in proportion to GDP), from government expenditure (in proportion to GDP) to inflation rate, from inflation rate to domestic investment (in proportion to GDP), and from domestic investment to foreign aid (as percentages of GDP). Short-run bidirectional causality is observed between per-capita electricity consumption and per-capita real GDP, and between per-capita real GDP and government expenditure (in proportion to GDP).

scholarly journals Study on the Prevention and Controlling of Dissimilation of Social Functions of Commercial Banks Based on the Fulfillment of Social Responsibility of Chinese Commercial Banks

2020 ◽  
Vol 1 (2) ◽  
Author(s):  
Zhuobi Luo
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Commercial Banks ◽  
Well Being ◽  
Great Contribution ◽  
Social Functions ◽  
The People ◽  
The Social ◽  
The World ◽  
Socio Economic Development

The dissimilation of the social functions of commercial banks is a phenomenon that the function of commercial banks deviates from the economic development and the people's livelihood. Such phenomenon, which can be seen all over the world, impedes the socio-economic development and affects the well-being of the people to some degree. After investigating and analyzing the dissimilation of the social functions of Chinese commercial banks, it was found that their social functions play a significant role, and the booming development of these banks has made great contribution to the economic growth and improved people's livelihood in China. China should also have special experience in preventing and handling this dissimilation.

Determinants of economic growth in Iraq: a standard study for the period (1970-2016)

2021 ◽  
Vol 11 (1) ◽  
pp. 176-187
Author(s):  
Hayder Talib Mousa ◽  
Karim Salem Hussein
Keyword(s):  
Economic Growth ◽  
Academic Research ◽  
Development Economic ◽  
Main Concern ◽  
Economic Policies ◽  
General Phenomenon ◽  
Economic Growth And Development ◽  
The Subject ◽  
The One ◽  
Determinants Of Economic Growth

The subject of economic growth and development has taken a great space of importance in recent decades, level in terms of economic theory, scientific and academic research or the level of international institutions, and the level of countries and their economic orientations. Economic growth as a general phenomenon is a means of achieving various purposes. Growth rate or at least improve it by introducing all the conditions imposed by economic development. Economic growth remains the main concern of the various systems on the one hand and individuals on the other. It is at the top of the objectives of economic policies as it represents the material conclusion of economic and non-economic efforts in society

Urbanization and Socio-Economic Growth in South Asia Region

2018 ◽  
pp. 843-867
Author(s):  
Jyoti Chandiramani ◽  
Aanchal Airy
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
South Asia ◽  
Human Development ◽  
World Bank Report ◽  
The People ◽  
Sustainable Urbanization ◽  
The World ◽  
Large Investment

Urbanization in the South Asia Region (SAR) stood at 34% (2014) and is relatively sluggish when compared to that of the World at 54%. The World Urbanization Prospects (2014) and World Bank Report (2016) reveals that the future urbanization globally will be concentrated in Asia and predominantly in the select countries of SAR - Bangladesh, India and Pakistan. The chapter analyses the demographic and socio-economic characteristics of the select countries, which are indicative of the quality of life of citizens, benchmarking it with that of Asia and the world. The analysis reveals the slow, messy and hidden nature of urbanization in the region which is required to be addressed. The conclusions recommend large investment and policy imperatives which should bring about sustainable urbanization ensuring basic urban services resulting in improved demographics, Human Development Indices and other socio-economic characteristics of the people in the region.

scholarly journals KEBIJAKAN PENGKARYAAN KEMBALI PEKERJA SENIOR JEPANG PASCA PENSIUN (SUDUT PANDANG PERUSAHAAN MANUFAKTUR)

IZUMI ◽  
2016 ◽  
Vol 4 (2) ◽  
pp. 32
Author(s):  
Dewi Saraswati Sakariah
Keyword(s):  
Economic Growth ◽  
Japanese Society ◽  
Economic Recession ◽  
Social Changes ◽  
Manufacturing Companies ◽  
Employment Sector ◽  
The People ◽  
The World ◽  
The Government ◽  
Society Today

This study discusses about the phenomenon of the re-employed senior workers after retirement in Japan’s manufacturing companies. Japan is a country with the fastest aging population in the world that has many problems in itspopulation demographic.Meanwhile, the government launched intensifying efforts to make Japan rises from its economic recession since the 1990s.One of the efforts is call on each of the people who is still able to work to contribute to the employment sector in order to achieve economic growth strategy.One of the encouraged groups isthe post-retirementsenior workers in Japan’s manufacturing companies.The call on was well received while a number of companies were adopting this system with several different reasonsnamely life expectancy increases, the government calls to the people, the needs of the company's senior workers for productivity and skill transfering, the salary and the company's view of the young workers. This research will be interpreted by sosial changes perspective in society from Anthony Giidens. This study concludes that the phenomenon of the re-employed senior workers after retirement is the result of social changes that has occurred in Japanese society today.

Marriage Data as Indicators of Urban Prosperity

Urban History ◽  
1978 ◽  
Vol 5 ◽  
pp. 68-73 ◽  
Author(s):  
Graham Brown
Keyword(s):  
Annual Report ◽  
Money Market ◽  
The Other ◽  
Close Connection ◽  
Registrar General ◽  
The People ◽  
The World ◽  
Great Body ◽  
External Causes ◽  
The One

‘The number of marriages in a nation perhaps fluctuates independently of external causes, but it is a fair deduction from the facts, that the Marriage Returns in England point out periods of prosperity little less distinctly than the funds measure the hopes and fears of the money market. If the one is the barometer of credit, the other is the barometer of prosperity, present in part, but future, expected, anticipated, in still greater part.’ This view was expressed by George Graham, the Registrar-General, in his 8th Annual Report for 1845, published in 1848. He argued that the fluctuatiòns in the marriages of a country expressed the views which the great body of the people took of their prospects in the world and noted that the fluctuation could be clearly seen in the towns even when the variations of the annual marriage totals were not considerable in the kingdom as a whole. D. V. Glass, in his study of marriage frequency and economic fluctuations also found that ‘the whole period, 1856 to 1932, showed a close connection between marriage and prosperity’.

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