economic transformation
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2022 ◽  
Vol 5 (1) ◽  
pp. 11-27
Author(s):  
Mukamana Claudete ◽  
◽  
Dr. Mukamazimpaka Marie Claire ◽  

The effective provision of basic education in Rwanda increases the competition level among graduates which promotionally improves the socio-economic transformation of communities. The purpose of this study therefore was to establish the effect of early childhood education on socio-economic transformation of communities in Nyamasheke district in Rwanda. The target population was 368 respondents that provided the sample size of 192 got using Yamane formula. Interview guide and questionnaire were used as data collection instruments. Correlation research design was also employed. The study findings revealed there is 31% of accessibility of ECE able to affect the level of socio-economic transformation of communities as indicated by the R square = .310 and the remaining 69% of socio-economic transformation of communities can be affected by other factors. However, it was found that, there is a statistically significant moderate relationship between accessibility ECE and socio-economic transformation of communities (P=.000 and r = .555). The study recommended the ministry of education which represents the government in the sector of Education should provide the adequate infrastructures of ECE schools in Nyamasheke district to improve and make easy accessibility of ECE in the area thus also increase the literacy level. The non-governmental organizations should invest more in ECE of Nyamasheke district in order to develop youth who are competent and able to compete at the labour market. Keywords: Early Childhood Education, Socio-economic transformation, Communities


Author(s):  
Іван Іванович Петрецький

The article provides insights into implications of modern competitive economy for the national economic development and argues that in the new business realia it is critical to search for internal reserves for socioeconomic growth at all levels of administrative and territorial entities including socioeconomic development of rural areas based on natural, technological, human and other factors aimed at attaining competitive advantages. The study demonstrates that in the context of innovation and investment processes, building appropriate infrastructure is the priority objective to boost rural areas development. Such approach will contribute to creating an attractive investment environment, shaping an innovative structure of rural areas able to provide a full chain of creating and disseminating innovations and new technologies in production, enhance investment and innovation capacity of rural areas, modernization and change of territorial industries. The study identifies the terms and determinants in building effective infrastructure support for facilitating innovation and investment process of rural development and its properties that arise within the competitive economy paradigm. Apart from that, the study presents a framework of endogenous and exogenous factors affecting the infrastructure support for innovation and investment processes to foster rural development in Ukraine. The following factors are discussed as the most critical ones: legal, financial, investment-based, organizational, managerial, psychological, motivational, economic, consulting, informational, professional, scientific, industrial, technological, marketing, socioeconomic, etc. The summary outlines the key vectors of institutional, organizational and economic transformation that will promote building effective infrastructure support for further innovative development of rural areas.


2022 ◽  
pp. 65-88
Author(s):  
Zainal Ahmad

This chapter highlights the challenges, opportunities, and social impacts of blockchain technology in the creation of a vibrant STIE ecosystem for Malaysia. As a systemic approach, the 10-10 Malaysian Science, Technology, Innovation, and Economy (10-10 MySTIE) Framework outlines the applications of blockchain vis-à-vis nine other technologies in 10 socio-economic sectors or Malaysian Grand Challenges (MGC). As Malaysia embarks on socio-economic transformation into a knowledge-intensive economy by 2030, five challenges must be addressed before leveraging on the opportunities presented by blockchain innovations in the MGCs. The economic and social impacts of blockchain as a catch-up or leap-frogging technology can be further explored to raise the return on value and competitiveness in the corresponding 30 national niche areas. In conclusion, readers may benefit from experiential learning using the process flow for ecosystem development and templates for 8i ecosystem and collaborative platform for carbon footprint using blockchain innovations.


Patan Pragya ◽  
2021 ◽  
Vol 9 (02) ◽  
pp. 128-143
Author(s):  
Khom Raj Kharel ◽  
Yadav Mani Upadhyay ◽  
Suman Kharel

Bilateral economic cooperation is one of means for improving economic, social and political relations between two countries. Nepal and China have been enjoying good neighborly respects and benefit since the establishment of diplomatic relations in 1955. Both countries behave a good neighborhood relations and enjoyed fruitful bilateral cooperation and mutual support and following the social and economic development activities by exchanging cooperation in the areas of trade, tourism, investment and connectivity, building human capital and infrastructure and deepening people to people relations is at the center of Nepal-China bilateral relations. Within Nepal and China, there are marvelous possibilities promoting socio-economic transformation and raising the living standard of people through the mutual cooperation in the areas of mutual interest. Cooperation under the Belt and Road Initiative (BRI) is of great significance for Nepal and China. The present study is conducted with the aim of examining the economic impact of bilateral economic cooperation between Nepal and China. The impact of bilateral cooperation with China in Nepalese economy has been analyzed in terms of FDI flows, trade between Nepal, China and economic assistance from China to Nepal and tourists arrivals from China over the period of 2000-2019 by applying simple statistical tools and simple linear regression model. The results show that there have been positive influences on Nepalese economy with bilateral economic cooperation of China.


2021 ◽  
Vol 43 (4) ◽  
pp. 61-80
Author(s):  
Katarzyna Górska

The regulation of civil law transactions during the Polish People’s Republic took place on many different levels. Among other things, the scope of state control over the performance of legal transactions also involved the obligation to document them. At the normative level, the code institution of the form of legal transactions reflected classical civilist concepts, typical for free-market relations. The aim of the study is to determine to what extent the principle of freedom of form expressed in the Civil Code was respected in practice, and to what extent the application of the rules on form made them another tool at the disposal of the totalitarian state to control transactions. Judicial jurisprudence seems to be the most appropriate area to analyze this problem. The article presents selected theses of the Supreme Court relating to the application of regulations on the form of legal transactions, formulated in the years 1964–1989, that is, from the enactment of the Civil Code to the beginning of the political and economic transformation towards democracy and free-market economy. The main considerations are preceded by a presentation of the code regulation of the form of legal actions with an indication of the basic functions, which — in the intention of the authors of the Civil Code — were ascribed to the form of legal actions. The part of the study devoted to the discussion of the jurisprudence explains, first of all, how the principle of the freedom of form was understood and how the provisions on the special form and the consequences of failing to observe it were applied. The conclusions that emerge from the analysis do not allow us to formulate a thesis about an ideological interpretation by the Supreme Court. In particular, it cannot be confirmed that the use of provisions on form testified to their instrumentalization. This leads us to reflect that the political conditions of the communist period did not preclude the Supreme Court from interpreting the law in a fully autonomous manner. For this reason, much of the case law from that period is still relevant.


2021 ◽  
Vol 74 (3) ◽  
pp. 47-74
Author(s):  
Mateusz Smolaga

The European Green Deal is an ambitious strategy for economic transformation of the European Union (EU) that most likely will affect other policies. The aim of this article is to consider how Official Development Assistance (ODA) offered by the EU and its members may change as a result of the European Green Deal’s implementation. This is done by assessing the existing trends in EU ODA spending focused on addressing climate/environmental issues. This analysis uses for calculations data provided by the Organisation for Economic Co-operation and Development. One of the main findings is that climate/environmental issues play a significant and growing role in the allocation of EU ODA funds, though aid provided by some EU members, including Poland, do not share this pattern. It is expected that the implementation of the European Green Deal will lead to furthering the diversified (multi-sector) nature of EU influence over economic transformation of partner countries.


2021 ◽  
Vol 14 (1) ◽  
pp. 346
Author(s):  
Jing Ma ◽  
Qiuyun Zhao ◽  
Qing Li ◽  
Hao Yang

What causes are responsible for China’s declining labor income share? We investigate this phenomenon in depth from the standpoint of financial constraints. By summarizing the stylized facts of China’s economy, this paper demonstrates that as China’s economy transforms, the financial market’s imperfections lead to more efficient (non-state-owned) enterprises inclined to use corporate savings for the purpose of “crowding out” workers’ remuneration for endogenous financing, resulting in a rising savings rate and a declining share of labor income. On this foundation, we construct a more general theoretical model regarding China’s economic transformation, propose research propositions, and conduct an empirical study utilizing the Chinese Industrial Enterprises Database from 1999 to 2007. The findings show a strong negative relationship between the financial market imperfections and the labor income share, with a 1% increase in financial constraints reducing labor income share by 0.051%. The rise in savings as a result of the financial restrictions works as a mediator variable in this process. Furthermore, our prediction for the path of the labor income share suggests that China’s savings rate would decline after reaching its peak, while the labor income share will bottom out and rebound by the end of the country’s economic transition. This study uses firm-level micro-data to reveal the internal mechanism of financial constraints lowering labor income share, which is a useful supplement to the existing literature. It also provides empirical evidence and policy options for developing countries to reform their financial systems and increase labor income share in the pursuit of sustainable development.


2021 ◽  
Vol 6 (01) ◽  
pp. 51-59
Author(s):  
Bikash Ghaju ◽  
Prakash C. Bhattarai

Technical Education in Community School (TECS) is considered pertinent for the socio-economic transformation, particularly in a developing country like Nepal. Instructors of these schools are the key persons who transform curriculum into practice, however, their profession in their perspectives was hardly studied. With this consideration, this study was carried out to understand the experience of TECS instructors on their teaching profession. To attain this research objective, four instructors from the Diploma in Civil Engineering program of two TECSs were purposively selected, and a narrative inquiry approach was utilized to study the cases in-depth. The result showed that the instructors were interested in teaching in TECS; however, they were not ready to go to TECSs of remote villages. For them, the village settings lacked source for extra earning opportunities and career growth prospects. They were motivated to teach in Diploma in Civil Engineering as they could apply their prior knowledge and skills. At the same time, theoretical knowledge gained from their teaching in TECSs had been helpful for their engineering profession as well.


2021 ◽  
Vol 74 (4) ◽  
pp. 277-298
Author(s):  
Katarzyna Kosowska

The purpose of this article is to assess the level of economic security of the Republic of Azerbaijan during the economic transformation of the 1990s. The analyzed period was divided into two stages: the transformation crisis (1992–1995) and economic stabilization and recovery (1996–2000). The strengths and weaknesses of the resource state were also discussed. The analysis showed that the economic policy of Gaidar Aliyev and the choice of the raw material model of the economy allowed to stabilize the economy in the second half of the 1990s and to initiate a period of economic growth. Thanks to the implemented reforms and investments in the oil and gas sector, the level of economic security in Azerbaijan has increased. The low standard of living of the citizens remained an unresolved problem. Moreover, the growing dependence of the state on the production and sale of oil became a challenge for the economic policy of the Azerbaijani authorities in the following years.


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