scholarly journals Do Business Booms Trigger Corruption?

2021 ◽  
Vol 1 (15) ◽  
pp. 195-208
Author(s):  
Kouramoudou Kéïta ◽  
Hannu Laurila
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Developing Countries ◽  
Rule Of Law ◽  
Negative Correlation ◽  
Low Income ◽  
Developed Countries ◽  
High Income ◽  
The European Union ◽  
Transitory Income

In the literature, the nexus between economic growth and corruption is well covered, but there are only few studies on cyclical variations of corruption. For example, Galbraith (1997) claims that embezzlement flourishes in business booms and withers in recessions, and Gokcekus and Suzuki (2011) support the claim by finding a positive correlation between transitory income and corruption. This paper retests the argument and produces conflicting results. It is found that corruption shrinks as transitory income increases meaning that economic booms foster integrity rather than corruption. Moreover, the negative correlation is strong in high-income countries and in those with sound rule of law which points to developed countries, whereas the effect remains relatively weak in countries with low income or poor rule of law which points to developing countries. The finding is relevant also from the perspective of the European Union.

scholarly journals Economic Development and Growth in Central and Eastern Europe

2021 ◽  
Vol 24 (4) ◽  
pp. 69-84
Author(s):  
Csilla Polster
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Eastern Europe ◽  
Central And Eastern Europe ◽  
Driving Forces ◽  
Developed Countries ◽  
Eastern European ◽  
The European Union ◽  
Migration Activity ◽  
Member States

The study investigates the economic growth in Central and Eastern Europe in the last 25 years. The economy can be regarded as a substantial topic in any country, but it is even more interesting in developing countries. One of the basic ideas of the European Union is the convergence between member states, namely the reduction of development disparities, which can be achieved through faster economic growth in less‑developed countries. Growth theory is one of the main topics in economics. Its significant importance is because the desire for development is one of the main driving forces of mankind. The aim of the study is to reveal the crucial differences and common features between the growth paths of the eleven Central and Eastern European member states of the European Union. After presenting growth theories, the growth performance of the examined Central and Eastern European member states is pinpointed. During the research, GDP per capita, population, migration, activity rate, employment rate, unemployment rate, foreign direct investment and foreign trade openness are considered.

scholarly journals Measuring Entrepreneurial Orientation of University Employees in Developing Countries Using the ENTRE-U Scale

2020 ◽  
Vol 12 (21) ◽  
pp. 8911 ◽  
Author(s):  
Jovana Tatarski ◽  
Sandra Brkanlić ◽  
Javier Sanchez Garcia ◽  
Edgar Breso Esteve ◽  
Ivana Brkić ◽  
...  
Keyword(s):  
European Union ◽  
Developing Countries ◽  
Entrepreneurial Orientation ◽  
Developed Countries ◽  
The European Union ◽  
University Employees ◽  
Eu Countries ◽  
Eu Member States ◽  
The Difference ◽  
The Republic

This research examines the difference in the level of entrepreneurial orientation among university employees within the European Union compared to university employees in non-EU countries. The EU Member States included in the research are the Republic of Slovenia and the Republic of Croatia, and the non-EU countries include the Republic of Serbia, the Republic of Montenegro, the Republic of Bosnia and Herzegovina, and the Republic of Northern Macedonia. In the sample of 1474 respondents, the ENTRE-U scale was used to measure the entrepreneurial orientation of universities, and multivariate analysis of MANOVA variance was used for data processing. The ENTRE-U scale has proven applicable not only to developed countries but also developing countries. Moreover, it proved that being a member of the European Union in this part of Eastern Europe does not significantly affect the entrepreneurial orientation of universities.

Financial Globalization and Economic Growth

2020 ◽  
pp. 99-116
Author(s):  
Murat Gündüz
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Developed Countries ◽  
Financial Globalization ◽  
The European Union ◽  
Causality Analysis ◽  
Causality Test ◽  
Causality Relationship ◽  
Using Data ◽  
The Relationship

The relationship between financial development and economic growth is one of the interesting topics of economic researches. Financial globalization is a term used to open up capital markets to the international arena and to capitalize on developed countries to developing countries. This chapter investigates the causality relationship between financial globalization and economic growth. In this study, the panel causality test of Emirmahmutoğlu and Kose (2011) was used for the European Union countries by using data from 1996-2016 period. According to the causality analysis conducted for the European Union, there is a causality from general financial globalization index to economic growth, from de facto financial globalization to economic growth and from economic growth to De jure financial globalization index.

scholarly journals Analysis of the RES Potential in Accordance with the Energy Policy of the European Union

Energies ◽  
2021 ◽  
Vol 14 (19) ◽  
pp. 6030
Author(s):  
Tomasz Jałowiec ◽  
Henryk Wojtaszek
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
European Union ◽  
Renewable Energy ◽  
Energy Policy ◽  
Renewable Energy Sources ◽  
Clean Energy ◽  
Developed Countries ◽  
Energy Sources ◽  
The European Union

There is a need to reduce carbon-based energy and replace it with clean energy in order to counteract the negative effects of climate change. The increase in renewable energy sources may result in savings and the increasing cost of maintaining carbon-based energy. Worldwide involvement is required. The fulfillment of conditions by individual states does not solve the problem. The COVID-19 pandemic has slowed economic growth. It turns out that economic growth is not always associated with increased investments in RES (existing or emerging new clean energy points). We have a new epidemiological threat—Delta—which could become large. This will not improve the situation. Germany is an exemplary country for benchmarking in the field of renewable energy. The worrying fact is that Poland, despite economic growth, does not achieve an even growth in RES. Each of us is required to be involved, to be open to innovation and to act in accordance with the energy policy of the European Union. Basic management functions (planning, organizing, motivating and controlling) are also essential. Failure to meet the demands of the energy policy should be thoroughly verified and consequences should be drawn in order to involve the whole world. The authors thoroughly analyzed many factors that have a significant impact on the success in stopping climate change and increasing RES. With the increase in energy demand, renewable energy is introduced to a greater extent. Additionally, coal energy will be more expensive to maintain. The more RES, the more expensive the energy obtained from mine sources. The investment is an opportunity to meet the demands of RES, but investors are currently only interested in investing in renewable energy in highly developed countries. The decision-making process regarding the implementation of renewable energy sources not only consists in a radical decision to introduce changes, but also in the fulfillment of a number of assumptions regarding the energy policy controlled by the authorities of a given state as part of this action. There is a risk (fear) in underdeveloped countries that they will not be able to finalize this project, either due to the lack of investor interest or the lack of real opportunities due to the failure to meet the guidelines of the energy policy of a given country. It is advisable that state governments facilitate the process as much as possible so that even less developed countries could take advantage of this postulate.

scholarly journals The Emergence of an European Union Cultural Diplomacy

2020 ◽  
Vol 65 (3) ◽  
pp. 77-91
Author(s):  
Cristina Mărășescu
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Developing Countries ◽  
International Development ◽  
Public Diplomacy ◽  
Positive Impact ◽  
Cultural Diplomacy ◽  
The European Union ◽  
Member States ◽  
The Eu

"On 16 April 2020, the Organisation for Economic Co-operation and Development (OECD) released preliminary figures according to which the collective Official Development Assistance (ODA) from the European Union (EU) and its Member States to developing countries amounted to 75.2 billion in 2019, representing 55.2% of global assistance. The EU and its Member States therefore maintain their position as the largest international aid donor. In spite of the vast amount of resources spent annually by the EU, there is widespread perception that the EU punches below its weight. Notwithstanding the undeniable positive impact that the EU external policies have on the ground, the EU’s role in international development remains mostly invisible. This paper presents the perception of the EU and EU’s policies abroad and makes the case for the necessity of an integrated and fully coordinated EU Public Diplomacy (PD) capable of communicating effectively and strengthening EU’s role as a global actor. It argues that culture has a substantial potential in Europe’s international relations, making the case for the necessity of an integrated and tailor-made EU Cultural Diplomacy. This paper shows that culture is a worthwhile investment in driving economic growth. Failure to capitalise on this would be a huge missed opportunity for Europe. Keywords: European Union, Economic Support to Developing Countries, Economic Growth, Public Diplomacy, Cultural Diplomacy, European External Action Service JEL classification: O10, Z10 "

scholarly journals Peran WTO dalam Menjembatani Benturan Kepentingan Antara Uni Eropa dan Indonesia dalam Perdagangan Biodiesel

2020 ◽  
Vol 9 (1) ◽  
pp. 16
Author(s):  
Anggi Mariatulkubtia
Keyword(s):  
European Union ◽  
Developing Countries ◽  
World Trade Organization ◽  
World Trade ◽  
International Institutions ◽  
Dispute Settlement ◽  
Developed Countries ◽  
The European Union ◽  
Dispute Settlement Mechanism ◽  
Bargaining Position

Indonesia's success at the World Trade Organization (WTO) in demanding the European Union (EU) to drop its biodiesel anti-dumping policy in 2018, as well as EU’s compliance with the decision, is a unique case when faced with the perception that international institutions tend to be inclined towards developed countries and disadvantaging developing countries. Utilizing Robert O. Keohane's liberal institutional functionalism theory, this paper describes how the WTO acted as a facilitator in resolving biodiesel disputes between the two parties. This paper argues that the WTO not only provides a dispute settlement mechanism and helps balance information biases, but also raises the cost of reputation and credibility that EU must pay if it chooses to defect the ruling. This research is not intended to show that the WTO, or international institutions and regimes in general, is an antidote for any disputes between developed and developing countries, or that it can always successfully mediate disputes between countries in general. Instead, this paper shows that international institutions can provide a platform for developing countries when facing developed countries, as long as the said actor acts rationally and makes careful calculations about its bargaining position and possible steps to be taken by its opponent.Keywords: WTO, European Union, Indonesia, anti dumping, liberal institutions, international regime, biodiesel. Kemenangan Indonesia di World Trade Organization (WTO) terhadap tuntutan penghapusan bea masuk anti dumping biodiesel Uni Eropa pada tahun 2018, serta kepatuhan Uni Eropa pada keputusan WTO tersebut, dapat dikatakan sebagai sebuah anomali ketika dihadapkan pada persepsi bahwa institusi internasional cenderung condong kepada negara maju dan merugikan negara berkembang. Tulisan ini menjabarkan bagaimana WTO berperan sebagai fasilitator dalam upaya penyelesaian sengketa biodiesel di antara kedua pihak, dengan menggunakan teori fungsionalisme institusi liberal Robert O. Keohane. WTO tidak hanya memberikan platform dan menyeimbangkan bias informasi lewat mekanisme penyelesaian sengketanya, namun juga menaikkan biaya reputasi dan kredibilitas yang harus dibayarkan Uni Eropa jika ia mengabaikan putusan institusi perdagangan internasional tersebut. Penelitian ini tidaklah ditujukan untuk menunjukkan bahwa WTO, atau institusi dan rezim internasional secara umum, dapat menjadi penawar bagi tiap-tiap pertikaian antara negara maju dan negara berkembang, atau menengahi pertikaian antar negara secara umum. Tulisan ini menunjukkan bahwa institusi internasional dapat memberikan wadah bagi negara berkembang ketika dihadapkan dengan negara maju, selama aktor bertindak rasional dan membuat perhitungan yang matang mengenai posisi tawarnya serta langkah-langkah yang akan ditempuh oleh lawannya.Keyword: WTO, Uni Eropa, Indonesia, anti dumping, institusi liberal, rezim internasional, biodiesel.

scholarly journals MACROECONOMIC STABILITY OF NEW MEMBER STATES OF THE EUROPEAN UNION: FIFTH ENLARGEMENT

2020 ◽  
Vol 8 (19) ◽  
pp. 55
Author(s):  
Sanel Razić ◽  
Merim Kasumović
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Economic Integration ◽  
Regional Integration ◽  
Developed Countries ◽  
Regional Economic Integration ◽  
The European Union ◽  
Regional Economic ◽  
National Economies ◽  
Macroeconomic Stability

The historical context of globalization as an organized process, which influenced the majority of national economies linked via international institutional mediators, led to the so called regional economic integration phenomenon. It is interpreted as the efforts of underdeveloped and developing countries to speed up their economic growth and more significantly impact the entire macroeconomic stability by means of some form of regional integration. Nowadays, regional economic integration is one of the pillars for proper functioning of modern economic relations. Experience of developed countries serves as an example to point out that integration processes inevitably contribute to more favorable environment for developing business sector in the countries striving for integration. In the context of global integrations, more frequent forms of regional changes and the establishment of trade blocks come as the consequence as well as the overall need for obtaining trade balance among national economies. Within this context, the European Union is seen as one of the most important regional integration and an imperative in economic, political and cultural segment, as it is the territory with significant economic growth and the region with high living standards.

scholarly journals Antibiotics and Animal Agriculture: The Need for Global Collective Action

2020 ◽  
pp. 297-308 ◽  
Author(s):  
Jonathan Anomaly
Keyword(s):  
Public Health ◽  
European Union ◽  
Developing Countries ◽  
Antibiotic Resistance ◽  
Developed Countries ◽  
The European Union ◽  
Animal Agriculture ◽  
Poor Countries ◽  
The World ◽  
Health Regulations

Abstract The use of antibiotics in animal agriculture is steadily increasing, especially in developing countries. The European Union and a handful of developed countries have implemented policies to scale back the use of antibiotics, recognizing its role in the global rise of antibiotic resistance. But many farmers who raise animals live in poor countries without public health regulations, or work for large corporate entities that can move their operations to places with weak regulations. To minimize the careless use of antibiotics around the world, we need multi-lateral coordination between states on some common standards for the use of antibiotics in animals.

scholarly journals Do increasing prices affect food deprivation in the European Union?

2018 ◽  
Vol 16 (1) ◽  
pp. e0103 ◽  
Author(s):  
Sol García-Germán ◽  
Isabel Bardají ◽  
Alberto Garrido
Keyword(s):  
European Union ◽  
Food Deprivation ◽  
Low Income ◽  
Developed Countries ◽  
Food Prices ◽  
Income Quintile ◽  
The European Union ◽  
Member States ◽  
Eu Member States ◽  
Averaged Models

The rise of prices of agricultural commodities in global markets during 2007-2012 was followed by increased consumer food prices around the world. More expensive food may have an impact on consumer food access and thus on their welfare, not only in developing countries but also amongst the most vulnerable in developed countries. Using a longitudinal database from the Statistics on Income and Living Conditions and population-averaged models, we tested whether increasing food prices had an impact on household food deprivation in 26 European Union (EU) member states. Results revealed a significant relationship between food deprivation and the consumer food price index and disposable income. Households in the lowest income quintile in the member states recently acceded to the EU were the most vulnerable to food deprivation. Results also showed that low-income households in densely populated areas were more vulnerable to food deprivation. This should be taken into account when evaluating food assistance programmes that focus on the segments of the population most at risk of food deprivation.

scholarly journals Analysis of the Effects of the EU Official Development Assistance to the Western Balkans

2018 ◽  
Vol 15 (26) ◽  
Author(s):  
Ognjen Erić
Keyword(s):  
European Union ◽  
Developing Countries ◽  
Development Assistance ◽  
Developed Countries ◽  
Official Development Assistance ◽  
The European Union ◽  
Western Balkans ◽  
Accession Process ◽  
European Standards ◽  
The Eu

Official development assistance (ODA) implies the movement of capital with a minimum of one quarter of grant. It was established in the second half of the previous century, with the aim of getting developed countries to set aside a part of their gross domestic product (GDP) as an aid intended for developing countries. In the European Union, development assistance implies a policy which was established at the very beginning of the integration process, but it was not until the Treaty on the European Union was signed that it obtained its legal basis. Today, the European Union is a key partner of developing countries, and together with member states it ensures more than a half of the ODA assets. The countries of the Western Balkans are categorized among the developing countries and receive aid via loans and grants from developed countries and international institutions. The European Union’s support is divided into the aid intended for the countries that are in the process of accession and the aid which is meant for other, less-developed countries. The distinction between these two forms of assistance is very difficult, because the character of the support changes in the course of accession process. The scientific problem that this paper deals with pertains to identification of the intensity of the European Union Official Development Assistance and the level of development of the Western Bal-kans. The assets of the European Union’s assistance to the region of the WesternBalkans are necessary, yet not sufficient for achieving a higher level of developmentand the European standards in all directions.

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