WorldWideScience

Sample records for economic development problems

  1. Environmental problems and economic development in an endogenous fertility model

    OpenAIRE

    Joest, Frank; Quaas, Martin; Schiller, Johannes

    2006-01-01

    Population growth is often viewed as a most oppressive global problem with respect to environmental deterioration, but the relationships between population development, economic dynamics and environmental pollution are complex due to various feedback mechanisms. We analyze society’s economic decisions on birth rates, investment into human and physical capital, and polluting emissions within an optimal control model of the coupled demographic-economic-environmental system. We show that a long-...

  2. Problems of Economic Development in Reunified Germany. Retrospective Approach

    Directory of Open Access Journals (Sweden)

    Marta Gotz

    2011-07-01

    Full Text Available Does Eastern Germany differ significantly from Western part in economic terms? How have new Bundeslnder been developing over past twenty years? How fast has East been catching up with West? What could have hampered convergence? How today are German states equipped with factors determining future growth? How the new Bundeslnder performed do compared with the old ones? This paper seeks to address above mentioned questions. It offers a comprehensive review of key economic developments of two decades of reunited Germany. Particularly it examines current economic landscape; investigates convergence processes taking place since reunification and tries to identify most likely impediments hampering full catching up. Finally, it aims at assessing contemporary growth potential of German states. With respect to the starting point poor performance of East Germany back in 1990 the progress made and results achieved are impressive. Though, comparing the situation with Western part of the country significant discrepancies continue to exist. Certainly, assessment of the last twenty years of reunited Germany hinges much upon perspective taken. Two decades after Berlin Wall Fall opinions on economic consequences of reunification are more balanced, since much has been achieved, but much still needs to be done.

  3. The Least Developed Countries of Africa - the problems of the economic development and the resolution.

    OpenAIRE

    Smékalová, Lucie

    2008-01-01

    The region of Subsaharan Africa is the most underdeveloped area in the world. There is the highest number of the Least Developed Countries of the world. The backwardness of the African countries takes effect by the poverty and heavy political, economical and social problems. The local governments, foreign investors and international organizations can improve the situation in African The Least Developed Countries.

  4. Institutional Problems and Development Perspectives Innovative Entrepreneurship in Resource Economics

    Directory of Open Access Journals (Sweden)

    Rutskiy Vladislav, N.

    2015-12-01

    Full Text Available The paper justifies the necessity to transit towards the mobilization model "triple helix" (strategic partnership of science and education organizations, business and government, the public. Innovation as a product of entrepreneurship permeate the system of relations from top to bottom – from more efficient ways of doing home Ho households, and to design mechanisms of state regulation of the economy. However, at the theoretical level, the relationship remains poorly studied in-novations as a function of entrepreneurship and entrepreneurship as social phenomenon in the system of institutional relations "business-authorities-society". Modern Russian economy has features of "dual enclave economy" with isolated more productive export-oriented resource sector. Innovative entrepreneurs do not become actors of change because of weak protection of property rights, manipulated state, weak sanctions for rent-seeking. The transition from innovative system "technology push" (fundamental knowledge on demand of state towards innovation system "market pull" (innovations on demand of business is complicated within Y-matrix of competitive institutional environment. It could turn out to be more effective to transit to the mobilization model "triple helix" (strategic partnership of science and education organizations, business and government, the public in compliance with X-matrix of cooperative institutional environment of redistribution. This will allow to create the necessary mechanisms for the exchange of missing codified knowledge (for those who imitate innovations and tacit knowledge (for pure innovators in the cross-sectoral technological chains. The design of institutional change in compliance with real needs of participants of innovative processes requires formal analysis of the region economic development type through assessing its key spheres, revealing and modeling prevailing type of entrepreneurship as well as identifying the relationship between

  5. International Trade in Used Cars and Problems of Economic Development

    OpenAIRE

    Grubel, Herbert

    1980-01-01

    This paper provides a price-theoretic explanation of the well-known phenomenon that automobiles in developing countries depreciate less rapidly and are scrapped at a greater age than they are in industrial countries. This paper then argues that the renewal of barriers to free trade in used cars would lead to substantial welfare gains for developing countries through both capital gains implicit in the arbitrage and positive externalities from car repair industries. Negative externalities from ...

  6. Problems of Foreign Economic Relations Development of Ural Regions with BRICS Countries

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    Mikhail Ivanovich Maslennikov

    2015-06-01

    Full Text Available In the article, the basic vocabulary of BRICS countries, its regional tendencies of business development, and its share taken in the foreign-economic activity are analyzed. Contribution of different foreign trade fields of regions into economic development is revealed. Indicators of development levels of external economic links are reviewed. Alternative options of the foreign trade development, expenses and benefits from its reorientation, and the reason of low indicators of development of foreign trade activity of the Ural regions with BRICS countries are evaluated, and measures for their improvement and development are offered. The mechanism and tools of stimulation of foreign economic relations development of regions with BRICS countries are investigated. The internal and external motives and incentives of expansion of these relations are examined. The factors influencing the regional markets development and revealing multidirectional tendencies in activities of business, government, society for development of foreign economic relations of the Ural regions with BRICS countries, and first of all with Brazil, India, China and the Republic of South Africa are investigated. The export-import features of the foreign trade operations with these countries, and also possible ways and the directions of expansion of the prognostics of foreign economic relations in the conditions of toughening and restriction of similar operations and financial sources from the developed countries, first of all the USA and EU countries are represented. Author examines the reasons and scenario, problems and difficulties for the country and the Ural regions in refocusing of international economic relation from Western Europe to the South-East Asia countries. Real opportunities of participation of regions of the country in the import substitution and development of own resource and production base are analyzed. The research is focused on analysis of international economic

  7. THE APPROACHES TO THE DEVELOPMENT OF ORGANIZATIONAL-ECONOMIC SUPPORT FOR CONTROL PROBLEMS IN THE AEROSPACE INDUSTRY

    OpenAIRE

    Orlov A. I.

    2014-01-01

    For strategic and operational management tasks in the aerospace industry we use a variety of organizational-economic models and methods. Their set is called an organizational-economic support. In this article we discuss the approaches to the development of adequate organizational-economic support in the aerospace industry. In particular, we consider the problems of estimation of the effectiveness and management of innovation-investment projects to create aviation and space technology

  8. THE APPROACHES TO THE DEVELOPMENT OF ORGANIZATIONAL-ECONOMIC SUPPORT FOR CONTROL PROBLEMS IN THE AEROSPACE INDUSTRY

    Directory of Open Access Journals (Sweden)

    Orlov A. I.

    2014-05-01

    Full Text Available For strategic and operational management tasks in the aerospace industry we use a variety of organizational-economic models and methods. Their set is called an organizational-economic support. In this article we discuss the approaches to the development of adequate organizational-economic support in the aerospace industry. In particular, we consider the problems of estimation of the effectiveness and management of innovation-investment projects to create aviation and space technology

  9. Problems of private industrial economic development and its countermeasures for Zigong City,Sichuan Province,China

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    The differences of regional econotnic development between underdeveloped areas and developed areas are mainly embodied by different levels of private economic development.Since20-year reform and opening-up to the outside world,the private industry of Zigong has developed gradually,become more and more economically competitive,and played a more and more important role in the economic structure of Zigong.This paper analyzes the problems of private economy and its countermeasures based on the research on its status quo.

  10. Lithuania - Recent Economic Developments

    OpenAIRE

    International Monetary Fund

    1995-01-01

    This paper reviews economic developments in Lithuania during 1993–96. Economic growth resumed in 1994 and gained further momentum in 1995; real GDP increased by an estimated 3 percent in 1995. Growth in 1995 was driven by the industrial sector, while agriculture performed poorly. The immediate effects of the banking problems on economic activity, and on other macroeconomic developments, have been limited. Data on industrial production and retail trade indicate continued growth in the first ...

  11. Komi Republic at the border of the XX and XXI centuries (the problems of socio-economic development

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    Vitaliy Nikolaevich Lazhentsev

    2011-09-01

    Full Text Available The first decade of the twenty-first century from a historical point of view is interesting, first of all, because of the fact that social development receives priority over the economic in public opinion and public policy of many countries. Attempts to adhere to this rule were also made in Russia. The paper analyzes the problems of socio-economic development of the Komi Republic in the first decade of the XXI century. The pass through problems (demographic crisis, aging of the fixed assets, disproportions of reproduction and new problems related to the reorganization of the property management systems and the production, differentiation of people’s incomes and expenditures, violation of the principles of economic federalism and financial crisis are highlighted. Solving of these problems is linked to the innovative development of the productive forces of the republic and the strengthening of interregional economic integration. The scientifically arranged directions of innovational economy in the Komi Republic (fuel, mining and metallurgical complexes, forest and agricultural sector of the economy are reviewed.

  12. Special Economic Zones as a Nanoindustry Development Institute: Failures, Problems and Prospects

    Directory of Open Access Journals (Sweden)

    Inshakov Oleg Vasilyevich

    2015-05-01

    Full Text Available The article deals with the contradictions arising from the formation and operation of special economic zones (SEZ of Russia as the institutes of national nanoindustry (NNI in 2006-2013. The specific deficiencies in the management of SEZ JSC are identified. The author reveals uneven and delayed development, structural imbalances, decreased liability or destructive activities of stakeholders, insufficient activity of resident companies and related groups, the high degree of uncertainty in achieving profitability and efficiency of the SEZ. The drawbacks of state support for the development of SEZs in the NNI, braking and acceleration mechanisms of this process are shown. The necessity of introducing a more effective mechanism for the stimulation of the Russias NNI SEZ development with the use of not only preferences, guarantees and benefits, but also the sanctions to residents, their partners and contractors in the construction process and in the performance of tasks is argued. The idea of the feasibility of establishing SEZ on the initiative of regional authorities and entrepreneurs at the expense of private investment and development budgets of the Russian Federation for significant recovery of the accumulation process in the NNI and reducing the cost of public investment is put forward. The creation of the General Scheme of the NNI SEZ network in Russia in view of the allocation of resources, production and infrastructure dislocation, scope and vectors of firms, is justified. The conclusions are confirmed by the materials of the Russian Ministry of Economic Development monitoring and the audit of the Accounts Chamber.

  13. The Economics of Water Management in Developing Countries Problems, Principles and Policies

    OpenAIRE

    Koundouri, Phoebe; PASHARDES, Panos; Swanson, Timothy; Xepapadeas, Anastasios

    2003-01-01

    The increasing scarcity of water resources (in terms of quantity and quality) is one of the most pervasive natural resource allocation issues facing development planners throughout the world.This problem is especially prevalent in less developed countries where the management of this valuable resource has become a critical policy concern.This authoritative new volume outlines the fundamental principles and difficulties that characterise this challenging task. The authors begin by detailing th...

  14. PROBLEMS AND PROSPECTS OF CONSTRUCTION INDUSTRY DEVELOPMENT IN RUSSIA IN THE CONDITIONS OF ECONOMIC CRISIS

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    Nidziy Elena Nikolaevna

    2016-05-01

    Full Text Available The construction industry is one of the key fund-creating industries, the formation of the Russian economy greatly depends on it. The construction sector is cyclic, that’s why it has always been sensitive to the tendencies of the national economy. In the contemporary conditions of weak economical climate the construction industry is in a state of sluggish recession. The key indicators exercising restraining influence on the construction complex are analyzed. The author carried out calculations of the prices for residential real estate in the past years. The author’s view on the near-term prospects on the exit from recession state is formulated. From the view of the today’s state and the nearest development prospects, it can be stated that the construction industry is one of the most problematic among the basic economic sectors. Retrieval of the expansion rate of the construction industry is possible in case of the positive changes of general economic state.

  15. THE NATURE AND PROBLEMS OF ECONOMIC GLOBALIZATION

    OpenAIRE

    Janno Reiljan; Ele Reiljan

    2000-01-01

    The objective of this working paper is to point out major ways of regulating the global economy in order to increase impact of foreign trade, credits and (foreign) investments on economic growth and welfare. Some basic problems that occur in the process of balancing economic development are studied. The nature of economic globalization is determined at the beginning of the article. After this, the role of international trade, foreign direct investments and development assistance is studied. F...

  16. Causality problem in Economic Science

    Directory of Open Access Journals (Sweden)

    JOSÉ LUIS RETOLAZA

    2007-12-01

    Full Text Available The main point of the paper is the problem of the economy to be consider like a science in the most strict term of the concept. In the first step we are going to tackle a presentation about what we understand by science to subsequently present some of the fallacies which have bring certain scepticism about the scientific character of the investigation in economy, to know: 1 The differences between hard and weak sciences -physics and social; 2 The differences between paradigm, —positivist and phenomenological— 3 The differences between physic causalityand historic causality. In the second step we are going to talk about two fundamental problems which are questioned: 1 the confusion between ontology and gnoseology and, 2 the erroneous concept of causality that commonly is used. In the last step of the paper we are going over the recent models of «causal explanation» and we suggest the probabilistic casualty development next with a more elaborated models of causal explanation, like a way to conjugate the scientific severity with the possibility to tackle complex economic realities.

  17. The nuclear electric option in developing countries: Technical, economic, and political problems

    International Nuclear Information System (INIS)

    During this century and the first half of the next, energy will be obtained principally from fossil fuels (coal, petroleum, and gas); in about 20 years, the production of petroleum will start to diminish due to the exhaustion of reserves, and the principal energy source will become coal, whose world reserves are ten times greater than hydrocarbons. In spite of its' petroleum reserves, Mexico should consider itself as a country poor in fossil fuel because its reserves of mineral coal are small. Petroleum and gas provide, at present more than 85% of the energy that the country uses and an amount similar to that which they consume is exported. Apart from burning it, petroleum has other very important applications such as petrochemicals and the production of fertilizers. At present, countries like Mexico which are poor in fossil fuels are sending fuels to countries rich in fossil fuels. They are doing this to achieve their development and to satisfy urgent needs. Faced with this situation which is irreversible, there is an obligation to programming the development of energy not in a six year period but 50 years or more, and to revise the program continually, due to the existing uncertainties; only in this way can the energy resources which will be left to new generations for their survival be planned

  18. Nuclear power engineering problems as the political and economical problems

    International Nuclear Information System (INIS)

    The political and economic aspects of nuclear power engineering status in the countries of the former USSR nowadays are considered. The factors, which lead to the nuclear power crisis, are analyzed. It is shown that the state monopoly for developing the problems of nuclear power engineering and NPP operation plays the main part. The ways for possible crisis overcoming are suggested

  19. The state of scientific development and source base of problem high school reforming in Ukraine in conditions of social-economical transformations (1996-2007)

    OpenAIRE

    Левчишина, Оксана Михайлівна

    2016-01-01

    In the article, consisting of scientific development of research of problem of reformation of higher school is analysed of in Ukraine in the conditions of socio-economic changes (1996-2007). Investigational a spring base of this problem on the basis of the documentary and scientific materials archived.

  20. CDBG Economic Development Activity

    Data.gov (United States)

    Department of Housing and Urban Development — CDBG activity related to economic development, including commercial or industrial rehab, commercial or industrial land acquisition, commercial or industrial...

  1. Effects of Problem Based Economics on High School Economics Instruction

    Science.gov (United States)

    Finkelstein, Neal; Hanson, Thomas

    2011-01-01

    The primary purpose of this study is to assess student-level impacts of a problem-based instructional approach to high school economics. The curriculum approach examined here was designed to increase class participation and content knowledge for high school students who are learning economics. This study tests the effectiveness of Problem Based…

  2. Economic development and Islam revisited

    OpenAIRE

    Hasan, Zubair

    2016-01-01

    This paper is a thoroughly revised, enlarged and updated version of a 1992 publication. It deals with the concept objectives and priorities of economic development from an Islamic perspective. The paper attempts to integrate the Islamic positions with mainstream definitions and approaches to development to put issues in an operable mode. It discusses problems Muslim countries currently face on the economic front and suggest ways to come out of their predicament... The paper constitutes one of...

  3. Energy and economic development

    International Nuclear Information System (INIS)

    This section examines the role of energy in Cuba's economic development and builds on the overview of the national energy situation presented in Section 2, with an emphasis on its evolution in the 1990s, a period characterized by significant socioeconomic tensions resulting from the crisis brought on by the dissolution of the CMEA and the intensification of the economic blockade. Also, a detailed assessment of factors determining energy efficiency is carried out. Section 5.2 presents a discussion of the country's socioeconomic evolution; Section 5.3 examines the relationship between economic growth and development in the energy sector; Section 5.4 evaluates energy and economic issues before the 1990s crisis; Section 5.5 reviews the energy and economic policies after the 1990s crisis; and Section 5.6 assesses energy intensities and identifies economic strategies to strengthen sustainable energy development

  4. Entrepreneurship in economic development

    OpenAIRE

    Naudé, Wim

    2008-01-01

    What is the role of entrepreneurship in economic development? At a minimum the answer should be able to explain the role of entrepreneurs in the structural transformation of countries from low income, primary-sector based societies into high-income service and technology based societies. More broadly though, it should also be able to explain the role of entrepreneurs in the opposite pole of stagnating development (including conflict) and in high innovation-driven growth. Although economic dev...

  5. Indonesia; Recent Economic Developments

    OpenAIRE

    International Monetary Fund

    1995-01-01

    This paper reviews economic developments in Indonesia during 1994–96. Following the easing of domestic demand pressures, the focus of monetary policy shifted in early 1993/94 to supporting economic growth, as concerns developed over an incipient weakening of export performance and output. At the same time, the fiscal position was strengthened. Reflecting the strong growth in non-oil/gas revenue, the overall central government deficit, excluding oil/gas revenue, declined by 2 percentage poin...

  6. The problems of pricing and selling socio-economic grey literature in Africa : the case of the National Institute of Development Research and Documentation (NIR), University of Botswana

    OpenAIRE

    Kwafo-Akoto, Kate (NIR); GreyNet, Grey Literature Network Service

    1996-01-01

    In Africa, socio-economic grey literature (GL) constitutes a substantialproportion of literature produced especially in the universities through their research activities. The paper analyses some of the key problems encountered in pricing and selling GL produced by universities in Africa such as their specialised subject content which fail to appeal to the general public. Discusses the role being played by the National Institute of Development Research and Documentation in building the resear...

  7. Ghana--medical care amid economic problems.

    Science.gov (United States)

    Bacon, L

    1980-07-01

    Describing the pattern of disease encountered in primary health care (PHC) in Ghana and the facilities available to treat it, this discussion provides an account of the rapidly deteriorating economic situation and its effects on the inhabitants and on medical practice. During the 1977-79 period Ghana suffered severe economic and political difficulties, affecting work at the University Hospital in Legon, Ghana. The workload differs from that in developed countries in several ways: tropical diseases are common; the diseases of proverty are rife; diseases due to poor public health and an absence of some diseases, e.g., myocardial infarct and multiple sclerosis. There is no equivalent of the British general practioner, but there are 4 main sources of care: 54 government hospitals with 137 health centrs and health posts distributed around the country; 57 private but relatively low cost hospitals and clinics; exclusive, high cost private clinics; and traditional healers and herbalists practicing their art. Between 1976-79 the economy of Ghana went into a steep decline. Exact figures for inflation are difficult to come by; 15% per year was popularly quoted. The cedi (the Ghanaian unit of currency) was officially devalued. Goods became very scarce as well as expensive. Basic food items, spare parts for vehicles and other machinery, petroleum products, soap, and all medical supplies were hard to obtain. There was public unrest during this period. Strikes became frequent. Notable from the health perspective was a strike of all professionals, including doctors, in June 1977, strikes of government employed nurses in April 1978 and May 1979. The main events were 3 changes of government. Although exact data are not easy to obtain, the diseases of poverty appeared to be on the increase. Lack of money tended to keep those not entitled to free treatment away from private hospitals, but the deteriorating situation at the clinics seemed to more than compensate for this. Shortages

  8. Finance and Economic Development

    Directory of Open Access Journals (Sweden)

    Ugo Panizza

    2012-03-01

    Full Text Available Published by Palgrave MacmillanThis chapter reviews the literature on finance and economic development. It starts with a description of the roles of finance, a definition of financial efficiency, and a discussion of whether countries may have financial sectors that are ‘too large’ compared to the size of the domestic economy. Next, the author describes several indicators of financial development and reviews the literature on the relationship between financial development and economic growth. In the literature review, he discusses in detail some recent evidence indicating that the marginal contribution of financial development to gross domestic product (GDP growth becomes negative when credit to the private sector reaches 110 per cent of GDP. The chapter concludes with some policy conclusions targeted to developing countries.

  9. Essays in Development Economics

    OpenAIRE

    Lee, Diana Kim

    2014-01-01

    Poverty and health are two topics in the field of development economics that are of critical importance to both researchers and policy-makers. Despite advances in poverty alleviation and gains in health outcomes in many developing countries, many challenges remain. Two of these challenges include accurately measuring poverty and improving the quality of health care delivery systems. In this dissertation, I present three essays with theoretical, empirical, and policy-relevant insights into the...

  10. States and Economic Development

    Directory of Open Access Journals (Sweden)

    Atul Kohli

    2009-06-01

    Full Text Available Today the Washington Consensus on development lies in tatters. The recent history of the developing world has been unkind to the core claim that a nation that opens its economy and keeps government's role to a minimum invariably experiences rapid economic growth. The evidence against this claim is strong: the developing world as a whole grew faster during the era of state intervention and import substitution (1950-1980 than in the more recent era of structural adjustment (1990-2005; and the recent economic performance of both Latin America and Sub-Saharan Africaregions that truly embraced neoliberalismhas lagged well behind that of many Asian economies, which have instead pursued judicial and unorthodox combinations of state intervention and economic openness. As scholars and policy makers reconstruct alternatives to the Washington Consensus on development, it is important to underline that prudent and effective state intervention and selective integration with the global economy have been responsible for development success in the past; they are also likely to remain the recipes for upward mobility in the global economy in the future."

  11. The Problems and Strategies of Real Estate Economic Development%房地产经济发展的问题及策略

    Institute of Scientific and Technical Information of China (English)

    韩珊

    2014-01-01

    With the continuous development of Chinese eco-nomy, the real estate gets more and more at ention. This article elaborates the significance of the real estate industry develo-pment, and combines with the current situation of real estate economic development in China, points out the existing prob-lems in the real estate development, and puts forward some str-ategies to strengthen the development of the real estate market.%随着中国经济的不断发展,房地产受到了越来越多的关注。本文阐述了房地产业发展的意义,并结合我国房地产经济发展现状,指出了房地产发展中存在的问题,提出了加强房地产市场发展的策略。

  12. Essays in development economics

    OpenAIRE

    Bonan,

    2013-01-01

    Gaps in financial access remain stark in the largest part of developing countries and have relevant consequences on poor households’ economic decisions, such as credit, saving and risk management. Lack of availability of formal financial services provided by either the market or public authorities (e.g in case of health insurance) have been compensated by the activity of informal groups, associations and arrangements. Old and new forms of community-based groups have been largely documented in...

  13. Theory of Economic Development (Pyramids of Economic Development)

    OpenAIRE

    mashkoor, Aasim; Ahmed, Ovais

    2015-01-01

    The theory we have designed the idea of economic development which remain associated with main elements that consists of two main development area, firstly is Health and secondly, Education development. The main factor of this idea to provide Human development that enormously influence on economic development which resulted from different perspectives. Many researches explained by analysis of focus variables of economic growth which have relationship to lead the economic development. In addit...

  14. Fiscal Decentralization and Economic Development

    OpenAIRE

    1993-01-01

    Discusses fiscal decentralization and economic development in developed and developing countries. Explores historical trends in fiscal centralization and puts them in context of the developing countries.

  15. Kenya; Recent Economic Developments

    OpenAIRE

    International Monetary Fund

    1995-01-01

    This paper reviews economic developments in Kenya during 1990–95. Real GDP growth decelerated from 4.3 percent in 1990 to close to zero in 1992/93. Inflation accelerated from 12 percent in the 12-month period ended December 1989 to 34 percent in March 1993. The central government’s budget deficit increased from 6.7 percent in 1989/90 to 11.4 percent of GDP in 1992/93. Broad money growth (M2) accelerated from 21 percent in the 12-month period ended December 1991 to 36 percent in March 1993...

  16. Peru; Recent Economic Developments

    OpenAIRE

    International Monetary Fund

    1996-01-01

    This paper describes economic developments in Peru during the 1990s. During 1990–92, real GDP growth was negative by 0.9 percent a year on average, reflecting in part deterioration in the terms of trade and adverse weather conditions. During that period, growth in the construction, manufacturing, and fishing sectors was more than offset by a contraction in the agricultural and mining sectors. Gross domestic investment rose from about 15½ percent of GDP in 1990 to 16½ percent in 1992 mainl...

  17. Ill-posed inverse problems in economics

    OpenAIRE

    Horowitz, Joel

    2013-01-01

    A parameter of an econometric model is identified if there is a one-to-one or many-to-one mapping from the population distribution of the available data to the parameter. Often, this mapping is obtained by inverting a mapping from the parameter to the population distribution. If the inverse mapping is discontinuous, then estimation of the parameter usually presents an ill-posed inverse problem. Such problems arise in many settings in economics and other fields in which the parameter of intere...

  18. Heuristics for the economic dispatch problem

    Energy Technology Data Exchange (ETDEWEB)

    Flores, Benjamin Carpio [Centro Nacional de Controle de Energia (CENACE), Mexico, D.F. (Mexico). Dept. de Planificacion Economica de Largo Plazo], E-mail: benjamin.carpo@cfe.gob.mx; Laureano Cruces, A.L.; Lopez Bracho, R.; Ramirez Rodriguez, J. [Universidad Autonoma Metropolitana (UAM), Mexico, D.F. (Brazil). Dept. de Sistemas], Emails: clc@correo.azc.uam.mx, rlb@correo.azc.uam.mx, jararo@correo.azc.uam.mx

    2009-07-01

    This paper presents GRASP (Greedy Randomized Adaptive Search Procedure), Simulated Annealing (SAA), Genetic (GA), and Hybrid Genetic (HGA) Algorithms for the economic dispatch problem (EDP), considering non-convex cost functions and dead zones the only restrictions, showing the results obtained. We also present parameter settings that are specifically applicable to the EDP, and a comparative table of results for each heuristic. It is shown that these methods outperform the classical methods without the need to assume convexity of the target function. (author)

  19. Economic Development and "Indian Model"

    Institute of Scientific and Technical Information of China (English)

    2004-01-01

    @@ Dao: Early this year, there are many relevant reports on India's catching up from behind in economic development. It is reported that India and China will be the two engines to drive world economic development.

  20. The New Institutional Economics and Development

    OpenAIRE

    North, Douglass C.

    1993-01-01

    In this essay I intend to briefly summarize the essential characteristics of the new institutional economics, to describe how it differs from neo- classical theory, and then to apply its analytical framework (as I see it) to problems of development.

  1. On some problems of physical economics

    International Nuclear Information System (INIS)

    Attempts of designing economics along the lines of natural sciences (in particular, physics) with the use of mathematical modeling are reviewed. This area of research has come to be known as physical economics. Some topical questions of market economics are discussed; specifically, whether the market equilibrium is unique, whether transitions between stationary states are possible, and, if so, how these transitions proceed. By analogy with physics, the apparatus of mathematical modeling is widely used in answering these questions. It is shown that, under given external conditions, a self-sufficient country can be in two stationary, stable states - either in a high-productivity (HP) or in a low-productivity (LP) state. Transitions between them appear to be either an 'economical crisis' or an 'economical miracle'. It is shown that, for contemporary Russia, the crisis is already over, and the country is now in a stable LP state. Possible transitions to a HP state are discussed. The distributions of social elements over liquid accumulations and incomes are considered. It is shown that, in present-day Russia, these distributions are bimodal, meaning the coexistence of the poor and the wealthy with virtually no middle layer in between. In the tail of the distribution, a very small number of very wealthy people are present. (reviews of topical problems)

  2. Economic Analysis and Countermeasures of Migrant Workers’ Problems

    Institute of Scientific and Technical Information of China (English)

    2011-01-01

    Generation and development of migrant workers’ problems are analyzed from the perspective of economics. There are economic factors causing migrant workers’ problems: imbalance in the industrial structure brings farmers living pressure; urban modern civilization is attractive to farmers; urban economic development needs a large number of agricultural laborers engaged in manual labor. Moreover, relevant countermeasures are proposed. The dual economic structure is to be broken to gradually eliminate the barrier between urban and rural areas; an unified and standard labor market is to be established to narrow the gap between urban and rural areas; overall considerations should be taken and the reform of matching system should be quickened; the construction of urbanization is to be duly promoted to improve the level of modernization in the countryside.

  3. Foreign economic activity of Saint Petersburg, the Leningrad Region, and the Republic of Karelia: problems and opportunities for development

    Directory of Open Access Journals (Sweden)

    Bazhenov Yu. N.

    2012-01-01

    Full Text Available In this paper, we look at the interregional cooperation in adjacent areas. Specifically, we focus our attention on the cluster of regions formed by the city of St. Petersburg, the Leningrad region and the Republic of Karelia. All three areas face a number of challenges when it comes to international trade: challenges that are shared and that require strategic coordinated solutions from regional decisionmakers. One of such solutions, for example, could require pooling of competitive advantages of these areas. The analysis of strategic documents of regional development, however, shows that the issue of interregional cooperation has not been duly addressed at any level, theoretical or practical. It is important to strengthen international trade capacity and to increase cooperation in other areas of cross-border relations, since these processes are crucial for Russia’s integration into the global markets.

  4. INFRASTRUCTURE INVESTMENTS AND ECONOMIC DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Ewelina Kochaniak

    2016-03-01

    Full Text Available Economic development of the country brings an increasing standard of living, increasing production capacity and also bigger public safety. Economic development also causes changes in the structure of Gross Domestic Product as well as changes in the structure of employment. Regarding the fact that the economic development is a longtime process of changes that happen in economy and refers to both quantitative and qualitative changes it should be stimulated by proper investments. The aim of this article is to present a role of infrastructure investments in economic development. The concept of economic development, infrastructure investments and their mutual influence is presented.

  5. Keynes and economic development

    Directory of Open Access Journals (Sweden)

    A. P. Thirlwall

    2007-09-01

    Full Text Available It is argued in this paper that although Keynes was not a development economist in the conventional sense, his theoretical apparatus and thinking about how capitalist economies function, and his proposals at Bretton Woods in 1944 for a new international monetary order, have relevance for the debates that take place today in development economics, particularly regarding financial liberalisation, the role of government in achieving full employment and the consequences on primary product price instability.Discute-se neste artigo que, embora Keynes não tenha sido um economista do desenvolvimento no sentido convencional, seu aparato teórico e pensamento sobre como as economias capitalistas funcionam e suas propostas em Bretton Woods, em 1944, para uma nova ordem monetária internacional têm relevância para os debates que ocorrem hoje sobre desenvolvimento econômico, particularmente no que diz respeito à liberalização financeira, o papel do governo em promover o nível de emprego e as conseqüências sobre instabilidade de preços de produtos primários.

  6. The Population Problem as Economic Disarticulation.

    Science.gov (United States)

    Yapa, Lakshman S.

    1985-01-01

    Overpopulation exists when people lack the basic means of subsistence, or when there is massive and permanent unemployment. Population problems of developing countries are examined, and causes of high rates of fertility are discussed. The utilization of productive resources in solving population problems is also examined. (RM)

  7. Doctrines and Contemporary Economic Theories in the Economic Development

    Directory of Open Access Journals (Sweden)

    Gheorghe Stefan

    2011-04-01

    Full Text Available Contemporary economic theories justify economic polarization, both before and after thesecond world war, through enhanced differences between the rich countries and those in course ofdevelopment. The instrument quantifying this economic gap is represented by the high price forindustrial products and a very low one for essentials thus maintaining at minimal level the purchasingpower of the agrarian countries (of the under-developed states. Through the agency of someinstitutions and specialized organizations like U.N., U.N.E.S.C.O. or the E.U., there are conductedinternational programs for the sectorial support mainly aiming the resolution of all kinds of problems.

  8. ORGANIZATIONAL AND ECONOMIC MODELING IN SOLVING PROBLEMS OF CONTROLLING

    Directory of Open Access Journals (Sweden)

    Kulikova S. Y.

    2016-04-01

    Full Text Available At the Department of "Economics and organization of production" at the end of XX - beginning of XXI centuries created the scientific school in the field of organizational and economic modeling, econometrics and statistics. The same name section of the department oversees the teaching of the relevant disciplines. The Laboratory of economic and mathematical methods in controlling of the Research and Education Center "Controlling and innovation in management" of Bauman Moscow State Technical University conducts research in this domain. This article is devoted to the activities of the scientific school, conducting research, and some of the results. We start with a discussion of the definitions of terms, which we use. Organizationaleconomic modeling - scientific, practical and academic discipline which devoted to the development, research and application of mathematical and statistical methods and models in economics and management of the national economy, especially in economics and management of industrial enterprises and their associations. The term "economic-mathematical methods and models" has close content. Statistical methods in economics - the subject of econometrics, the base of which is applied statistics. Organizational-economic modeling and econometrics are discussed as a theoretical and practical trainings and discipline. We developed textbooks and manuals on the organizational and economic modeling, econometrics and statistics. We have conducted theoretical research and development of applications in the field of organizational and economic modeling. In particular, the prediction is regarded as one of the management functions in industry. We study the problem of stability in the models and methods of development of strategy of the enterprise. For prospective organizational and economic mechanisms of management of industrial and economic activities, we proposed design based on solidary information economy

  9. Mathematical model in economic environmental problems

    Energy Technology Data Exchange (ETDEWEB)

    Nahorski, Z. [Polish Academy of Sciences, Systems Research Inst. (Poland); Ravn, H.F. [Risoe National Lab. (Denmark)

    1996-12-31

    The report contains a review of basic models and mathematical tools used in economic regulation problems. It starts with presentation of basic models of capital accumulation, resource depletion, pollution accumulation, and population growth, as well as construction of utility functions. Then the one-state variable model is discussed in details. The basic mathematical methods used consist of application of the maximum principle and phase plane analysis of the differential equations obtained as the necessary conditions of optimality. A summary of basic results connected with these methods is given in appendices. (au) 13 ills.; 17 refs.

  10. Specialized Cooperative Economic Organization of Farmers: Problems and Suggestions

    Institute of Scientific and Technical Information of China (English)

    XiangzhiKong; QiaoGuanghua

    2005-01-01

    This article analyses the problems of the specialized cooperative economic organizations of farmers in their development process. These problems are: excessive interference by local governments; low service capacity at the operating level; administrative and management confusion resulting from the lack of status as a legal entity, with rules and regulations. It is suggested that the relevant laws and regulations concerning these organizations be established as soon as possible, giving them a legal identification; that the regulations and organizational structure be perfected; that support be increased and the financial situation of the specialized cooperative economic organizations of farmers be improved.

  11. Bangladesh : Development Forum Economic Update

    OpenAIRE

    World Bank, (WB)

    2004-01-01

    The report reviews recent economic developments, showing economic growth continues to its path, and, aided by global economic recovery, export growth remains strong. The forex market has been stable since the national currency (taka) was floated in by the end-May 2003. The fiscal stance for FY04 remains expansionary, but within prudent limits, and without straining fiscal sustainability, w...

  12. The role of the economic potential of the region to ensure sustainable economic development

    OpenAIRE

    Kvasniy, L.; Paslavska, V.

    2014-01-01

    The role of economic potential in the sustainable development of regional economy. The characteristic of the basic principles that contribute to solving these problems at different levels of economic development of Ukraine. A conceptual model of the region with the definition of major and minor connections between the various links in the economic system and individual economic subjects of management and senior management.

  13. Knowledge-Driven Economic Development

    OpenAIRE

    Bandyopadhyay, Sanghamitra

    2006-01-01

    This paper examines the impact of mass media and information and communications technologies (ICT) as knowledge-based infrastructures on economic development. The results strongly suggest that both mass media and ICT penetration are negatively associated with corruption. This result holds across both the entire sample (of both developed and developing countries), and only for developing countries. The same result is also obtained for the effects of ICT and mass media on economic inequality. H...

  14. Roundtable on territorial economic development

    OpenAIRE

    Boisier, S.; Vázquez Barquero, A.; Arocena, J.; Cotorruelo Menta, R.; Canzanelli, G.

    2009-01-01

    In this virtual roundtable, five experts – academics and development practitioners – discuss the importance of territorial economic development in times of globalization and financial crisis. The “local factor” can be considered a crucial differentiating element, that favours the emergence of alternative development strategies, and one of the most convincing approaches to addressing the current crisis. The five experts share their ideas on the role of territorial economic development in addre...

  15. The Economic Problem of Happiness. Keynes on Happiness and Economics

    OpenAIRE

    Anna M. Carabelli; Mario A. Cedrini

    2009-01-01

    In their latest book (2008), Bruno Frey and the members of the research group he chairs at the University of Zurich announce that happiness research is leading a revolution in economics. More precisely, the revolutionary character of happiness economics would draw on measurement, on how people value goods and social conditions, as well as on policies. This paper aims to discuss critically this claim and what we identified as five crucial issues of mainstream happiness economics, i.e.: 1. the ...

  16. NON-ECONOMIC DETERMINANTS OF ECONOMIC DEVELOPMENT: METHODOLOGY AND INFLUENCE

    OpenAIRE

    Barashov, N.

    2011-01-01

    The paper deals with research methodology of non-economic determinants of economic development. The author considers various theoretical approaches to definition of economic growth factors. Considerable attention is given to studying possible influence of non-economic determinants on quality of economic development.

  17. Developing States: Politics and Economics.

    Science.gov (United States)

    Howard, Michael C.

    1988-01-01

    Identifies the developing nations of the Pacific Rim to be the Philippines, Indonesia, and 21 small states such as Fiji and Papua, New Guinea. Discusses the political and economic factors which both hinder and aid the governments of these nations. Contends that the region's tremendous potential is unrealized because of economic underdevelopment…

  18. Poverty – a major economical problem

    Directory of Open Access Journals (Sweden)

    Assistent Professor Somogyi János

    2008-05-01

    Full Text Available Poverty is the state for the majority of the world’s people and nations. Yet there is plenty offood in the world for everyone. The problem is that hungry people are trapped in severe poverty. They lackthe money to buy enough food to nourish them. Being constantly malnourished, they become weaker and oftensick. This makes them increasingly less able to work, which then makes them even poorer and hungrier.This downward spiral often continues until death for them and their families.Why is this? How is to blame? Poor people for their own predicament? Have they been lazy, madepoor decisions, and been solely responsible for their plight? What about their governments? Have theypursued policies that actually harm successful development? Such causes of poverty and inequality are nodoubt real. But deeper and more global causes of poverty are often less discussed. This article explores variouspoverty problems in more depth.

  19. Economic development and environmental protection: an ecological economics perspective.

    Science.gov (United States)

    Rees, William E

    2003-01-01

    This paper argues on both theoretical and empirical grounds that, beyond a certain point, there is an unavoidable conflict between economic development (generally taken to mean 'material economic growth') and environmental protection. Think for a moment of natural forests, grasslands, marine estuaries, salt marshes, and coral reefs; and of arable soils, aquifers, mineral deposits, petroleum, and coal. These are all forms of 'natural capital' that represent highly-ordered self-producing ecosystems or rich accumulations of energy/matter with high use potential (low entropy). Now contemplate despoiled landscapes, eroding farmlands, depleted fisheries, anthropogenic greenhouse gases, acid rain, poisonous mine tailings and toxic synthetic compounds. These all represent disordered systems or degraded forms of energy and matter with little use potential (high entropy). The main thing connecting these two states is human economic activity. Ecological economics interprets the environment-economy relationship in terms of the second law of thermodynamics. The second law sees economic activity as a dissipative process. From this perspective, the production of economic goods and services invariably requires the consumption of available energy and matter. To grow and develop, the economy necessarily 'feeds' on sources of high-quality energy/matter first produced by nature. This tends to disorder and homogenize the ecosphere, The ascendance of humankind has consistently been accompanied by an accelerating rate of ecological degradation, particularly biodiversity loss, the simplification of natural systems and pollution. In short, contemporary political rhetoric to the contrary, the prevailing growth-oriented global development paradigm is fundamentally incompatible with long-term ecological and social sustainability. Unsustainability is not a technical nor economic problem as usually conceived, but rather a state of systemic incompatibility between a economy that is a fully

  20. A RELATIVE BENEFIT ALGORITHM FOR BASIC ECONOMIC LOT SIZE PROBLEM

    Institute of Scientific and Technical Information of China (English)

    马辉民; 张子刚; 周少甫; 黄卫来

    2001-01-01

    The paper develops an algorithm that solves economic lot size problem in O(n2) time in the Wagner-Whitin case. The algorithm is based on the standard dynamic programming approach which requires the computation of the maximal relative benefit for some possible subplans of the production plan. In this algorithm the authors have studied the forward property and decomposition properties which can make computation easy. The proposed algorithm appears to perform quite reasonably for practical application.

  1. Essays in Development Economics

    OpenAIRE

    Poppe, Robert

    2012-01-01

    In Chapter 1, the first essay explores a school meals program in Ethiopia. In food-insecure parts of poor countries school meals can provide a strong incentive to poor households to send their children to school. School meals appear to be attractive as they may not only increase school participation but may also improve learning and cognitive development. Chapter 2 investigates the role of poor eyesight on educational outcomes in rural Ethiopia. Chapter 3 uses data on four financial literacy ...

  2. Essays in Economic Development.

    OpenAIRE

    MOTT, Graham

    2010-01-01

    Examining Board: Prof Rick van der Ploeg, supervisor, University of Oxford Prof. Russell Cooper, EUI Prof. David Levine, Washington University in St. Louis Prof. Massimo Morelli, Columbia University and EUI Defense date: 29/11/2010 The difficulties and obstacles faced by the poorer nations of the global economy on the path to development are extremely diverse. It is the aim of this thesis to address some of the interesting questions related to the key obstacles. As such, thi...

  3. Development Economics and Economic Development: Why do Institution Matter?

    OpenAIRE

    Cosmin Marinescu

    2007-01-01

    Economic development is a complex phenomenon, at least when speaking about understanding its real sources, despite the simplifying tendencies of economic growth neoclassical theories. These orthodox theories limit themselves to identifying the necessary conditions - such as capital accumulation and technological progress - for production increasing. But, in order to explain "why" people are saving, investing, learning and looking for knowledge, we must take into consideration the institutions...

  4. Economic Development of Bangladesh

    OpenAIRE

    Mohajan, Haradhan

    2013-01-01

    Bangladesh is a developing country in the South Asia. Its illiterate and unskilled large population is a burden to the country. Agriculture is the main source of the income of the country. Government of the country is taking various steps to decrease poverty, but yet about one-third of people of Bangladesh are living below the national poverty line. More than half of the children of Bangladesh are underweight. The gross domestic product (GDP) is hovering around 6% for the last decade. Migrate...

  5. Economic Globalization, Marketization Reform and Economic Development in China

    OpenAIRE

    Yuan, Yanhui; Zhou, Xiaojuan; Tian, Guoqiang

    2002-01-01

    Economic globalization is one of the hottest topics among academics, government agencies and other concerned organizations. This paper investigates whether the overall benefits of economic globalization are greater than their costs, and discusses the interaction among economic globalization, economic development, and marketization reform in China, so as to present an answer to the question of how China should participate in economic globalization.

  6. Public finance and economic development

    OpenAIRE

    Balassa, Bela

    1988-01-01

    This paper reports on tests of alternative hypotheses as to the effects of a budget deficit, examines the influence of the size of the government on economic growth, and investigates the impact of public investment on private investment, total investment, and economic growth. The findings have important implications for the developing countries. They show that budget deficits have adverse effects on the balance of payments as well as on domestic investment. It further appears that increases i...

  7. Sri Lanka; Recent Economic Developments

    OpenAIRE

    International Monetary Fund

    1998-01-01

    This paper reviews economic developments in Sri Lanka during 1995–97. After slowing to 4 percent in 1996, economic growth recovered to 6½ percent in 1997. The slowdown in 1996 had been mainly owing to a severe drought that affected the agricultural sector and disrupted the power supply. The recovery in 1997 was strongest in agriculture and manufacturing, supplemented by continued good performance in the services sector, including a rebound in tourism. In addition, significant accomplishmen...

  8. Promote Kaifeng Circulation Problems of Economic Development Research%推进开封循环经济发展问题研究

    Institute of Scientific and Technical Information of China (English)

    李琳

    2011-01-01

    To develop recycling economy,to implement the scientific development concept is the inevitable requirement and effective carrier,reflected the people-oriented concept of development,China is the only sustainable economic and social development.Kaifeng insufficiency of circular economy development of circular economy development and kaifeng thinking.%大力发展循环经济,是贯彻落实科学发展观的必然要求和有效载体,体现了以人为本的发展理念,是中国经济社会可持续发展的必由之路。针对开封市循环经济发展存在的不足提出开封市发展循环经济的思路。

  9. Financial Structures and Economic Development Financial Structures and Economic Development

    Directory of Open Access Journals (Sweden)

    Ross Levine

    1993-03-01

    Full Text Available Financial Structures and Economic Development This paper examines the relationship between the evolution of financial services and long-run economic growth. Liquidity risk, productivity risk, transactions costs. and information gathering and resource coordination costs create incentives for the emergence of financial contracts and institutions. The level of income per capital public policies, and legal codes determine the provision of financial services aid the types of financial structures that provide these services. The resultant financial structures can alter investment incentives, such that the steady state growth rate of per capita output increases.

  10. Technical and Economic Problems Associated with the Development of Methods of Processing and Using Radioactive Waste; Problemes techniques et economiques lies au developpement des methodes de traitement et d'utilisation des dechets radioactifs

    Energy Technology Data Exchange (ETDEWEB)

    Thiriet, L.; Sauteron, J.; Oger, C. [Commissariat a l' Energie Atomique, Fontenay-Aux-Roses (France). Centre d' Etudes Nucleaires

    1968-07-01

    The paper briefly reviews the various techniques used in processing the radioactive wastes which unavoidably result from the generation of electric power from nuclear sources. The paper goes on to define the relative importance, in nuclear fuel cycles, of the problem raised by these wastes. Emphasis is placed on the economic influence of management policies on the cost of power generation, and hence on the relative position of nuclear energy. A substantial percentage of these wastes can be economically utilized. Attention is drawn to the major technical and economic features of the industry which will come into being as a result of this utilization. The major uses anticipated are discussed: radiation sources, heat sources, auxiliary power generation. The paper concludes that satisfactory solutions have already been found to these problems, and describes possible improvements. (author) [French] La communication rappelle d'abord succinctement les differentes techniques de traitement des dechets radioactifs resultant necessairement de la production d'electricite d'origine nucleaire. On situe ensuite l'importance du probleme pose par ces residus dans le cycle du combustible nucleaire. On fait ressortir l'influence economique du choix des methodes de gestion sur le cout de production de l'energie, et par consequent sur la place devolue a l'energie nucleaire. Une part importante de ces dechets peut faire l'objet d'une utilisation rentable de l'industrie qui naitra de cette utilisation. Les principales applications envisagees sont evoquees: sources d'irradiation, sources chauffantes, generateurs auxiliaires d'energie. On conclut que d'ores et deja des solutions satisfaisantes ont ete apportees a ces problemes, et l'on decrit les perspectives d'amelioration concevables. (auteur)

  11. Economic development and natural disasters

    NARCIS (Netherlands)

    Klomp, Jeroen

    2016-01-01

    In this study we examine the impact of large-scale natural disasters on economic development. A major obstacle in exploring this relationship is the poor data quality on GDP per capita in low-income countries, while at the same time more than 90% of all disasters that happen worldwide occur in th

  12. Credit Market Development and Economic Growth

    Directory of Open Access Journals (Sweden)

    Athanasios Vazakidis

    2009-01-01

    Full Text Available Problem statement: This study investigated the relationship between credit market development and economic growth for Italy for the period 1965-2007 using a Vector Error Correction Model (VECM. Questions were raised whether economic growth spurs credit market development taking into account the negative effect of inflation rate on credit market development. The purpose of this study was to investigated the short-run and the long-run relationship between the examined variables applying the Johansen cointegration analysis. Approach: For this purpose unit root tests were carried out according to Dickey-Fuller (1979. Johansen cointegration analysis was applied to examine whether the variables are cointegrated of the same order taking into account the maximum eigenvalues and trace statistics tests. Finally, a vector error correction model was selected to investigate the long-run relationship between economic growth and credit market development. Results: A short-run increase of economic growth per 1% induced an increase of bank lending 0.4% in Italy, while an increase of inflation rate per 1% induced a relative decrease of bank lending per 0.5% in Italy. The estimated coefficient of error correction term was statistically significant and had a negative sign, which confirmed that there was not any a problem in the long-run equilibrium between the examined variables. Conclusion: The results suggested that economic growth has a positive effect on credit market development, while inflation rate had a negative effect. Bank development was determined by the size of bank lending directed to private sector at times of low inflation rates leading to higher economic growth rates.

  13. Japan’s Development Ambitions for Myanmar: The Problem of “Economics before Politics”

    Directory of Open Access Journals (Sweden)

    Donald M. Seekins

    2015-01-01

    Full Text Available Myanmar and Japan have had an important shared history since the Pacific War, when Japan occupied the British colony of Burma and established the country’s first postcolonial state and army. The period from 1941 to 1945 also witnessed the “militarization” of Myanmar as the country was turned into a battlefield by the Japanese, the Allies and indigenous insurgents. After independence from Britain in 1948, the Union of Burma continued to suffer insurgency and became a deeply conflicted society, especially under the isolationist socialist regime of General Ne Win (1962–1988. However, Japan played a major role in Myanmar’s economic development through its allocation of war reparations and official development assistance (ODA, especially yen loans. During the period of martial law from 1988 to 2011, Tokyo exercised some self-restraint in giving aid due to pressure from its major ally, the United States, with its human rights agenda. However, with the transition from junta rule to constitutional government in 2011 came a dramatic increase in Japanese ODA, as Tokyo forgave large amounts of debt and invested in ambitious new special economic zones (SEZ. Japan will no doubt benefit from Myanmar as close ties are expanded: Not only will Japanese companies profit, but Japan will have access to Myanmar’s raw materials and gain ability to compete more effectively with an economically expansive China. On Myanmar’s side, though, it is unlikely that anyone other than the military and crony capitalist elites will benefit from the flood of new yen loans and infrastructure projects. This paper argues that without a political resolution of Myanmar’s many conflicts, including the establishment of genuinely open political institutions, the aid of Japan (and other countries is likely to make these deep-rooted social and ethnic conflicts even worse.

  14. SOME THEORETICAL ASPECTS OF ECONOMIC DEVELOPMENT

    OpenAIRE

    Abesadze, Ramaz

    2011-01-01

    This article examines some theoretical and applied issues of economic development with special emphasis on the relationship between economic development and economic growth, the factors and indicators of economic development, and its peculiarities in developed, developing and transition countries, including Georgia.

  15. Problems of hydroelectric development at existing dams: an analysis of institutional, economic, and environmental restraints in Pennsylvania, New Jersey, and Maryland

    Energy Technology Data Exchange (ETDEWEB)

    Taylor, R.J.; Green, L.L.

    1979-04-01

    The methodology that has been developed to analyze the impact of possible government actions on the development of small-scale hydroelectric power in the United States is described. The application of the methodology to a specific region of the United States is also described. Within the Pennsylvania-New Jersey-Maryland (PJM) region, the methodology has been used to evaluate the significance of some of the existing institutional and economic constraints on hydroelectric development at existing dams. The basic process for the analysis and evaluation is estimation of the hydroelectric energy that can be developed for a given price of electricity. Considering the present constraints and a geographical region of interest, one should be able to quantify the potential hydroelectric energy supply versus price. Estimates of how the supply varies with possible changes in governmental policies, regulations, and actions should assist the government in making decisions concerning these governmental functions relative to hydroelectric development. The methodology for estimating the hydroelectric supply at existing dams is included.

  16. REGIONALIZATION, ELEMENT OF ECONOMIC AND SOCIAL DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Florina Popa

    2014-01-01

    Full Text Available The regional process that is taking place in Europe in recent decades, was determined by the awareness of the important role that regional policies hold in the balanced development of territories, the goal being the revival of economic and social development, locally, the economic recovery of more underdeveloped areas, to reduce the differences existing among the levels of development of regions. The action is aimed at increasing the efficiency of public authorities (central, local in the use of resources they dispose of, in the development of some economic and financial policies aimed at encouraging investments, employment increase, living conditions improvement, taking into account the determinants of balancing regional development (resources, the development of technological processes and knowledge, political and institutional framework. The paper briefly presents the concepts of regionalism, regionalisation, whose common denominator is decentralization, that involves a multilevel governance, as well as the importance which the new model of economic and social development, consisting in the transfer of some prerogatives of the central administrative systems towards local communities, hold in solving problems that occur in regional, local plan.

  17. Introduction: Long term economic development

    DEFF Research Database (Denmark)

    Pyka, Andreas; Andersen, Esben Sloth

    2012-01-01

    The general theme of the 13th International Joseph A. Schumpeter Society Conference, held during June 21st–24th, 2010 at Aalborg University in Denmark, was the exploration of the interrelated phenomena of innovation, organization, sustainability and crises. By addressing these phenomena an attemp...... was made to confront some of the underexplored parts the Schumpeterian legacy, but there was also room for new results concerning more well-developed parts of evolutionary economics....

  18. ECONOMIC SUSTAINABLE DEVELOPMENT AND ECO-DEVELOPMENT

    OpenAIRE

    Camelia-Cristina DRAGOMIR; Eduard IONESCU; PÂNZARU, Stelian

    2013-01-01

    The paper highlights the main connections between eco-development and the sustainable development in an economic environment that is rapidly changing. It discusses the concepts, features and principles of the ecodevelopment and the sustainable development. Also, i analyzed aspects regarding the involvement of business environment in a sustainable economy in harmony with the environment. The study is based on the theoretical and applied research of the authors. The results of this study may be...

  19. SUSTAINABLE DEVELOPMENT THROUGH ECO-ECONOMIC DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Vergina CHIRITESCU

    2013-12-01

    Full Text Available The issue of the relationship between humankind and the environment became scientific and economic concerns of the international community since the first UN Conference on the Human Environment (Stockholm, 1972 and resulted in the work of the World Commission on Environment and Development, established in 1985. Report of the Commission presented in 1987 by GH Brundtland, entitled "Our Common Future" provided the first universally accepted definition of sustainable development as "development that meets the needs of the present generation without compromising the opportunities of future generations to meet their own needs". Brundtland Report, 1987, was reaffirmed by the United Nations Conference on Environment and Development / Earth Summit held in Rio de Janeiro - Brazil, 1992 which established the principles of Agenda 21, which was intended to be a guide implementation of sustainable development for the 21st century, a development that was required to be applied at national, regional and local level. [1] In the context of developing new eco-economic system adopted a number of international conventions that establish detailed obligations of the States and strict implementation deadlines climate change, biodiversity conservation, protection of forests and wetlands, limiting the use of certain chemicals, access information on the state of the environment and other international legal space outlining the practical application of the principles of sustainable economic development in ecological conditions.

  20. Teaching Economics to the Best Undergraduates: What Are the Problems?

    Science.gov (United States)

    Andreopoulos, Giuliana Campanelli; Panayides, Alexandros

    2009-01-01

    Economics is usually perceived as a difficult subject among undergraduate students with negative repercussions on their performance. The literature suggests that the students' problems with principles of economics are mainly related to the style and method of teaching together with the course content. Particularly attacked are the chalk and talk…

  1. Modern Problems Economic Units. A Program for Grade Twelve.

    Science.gov (United States)

    Carlson, Marshall; Hutton, Joseph

    GRADES OR AGES: Grade 12. SUBJECT MATTER: Modern problems, economic units. ORGANIZATION AND PHYSICAL APPEARANCE: The introductory material includes an outline of the Bloomington school philosophy, identification of main areas of modern economics, basic objectives, and techniques for evaluating objectives. The guide covers six units: a) importance…

  2. Problems of Ukraine trade potential development

    Directory of Open Access Journals (Sweden)

    Sydiaga, Bohdan Volodymyrovych

    2014-05-01

    Full Text Available The current stage of Ukraine economy development dictates new requirements and rules of the mechanisms of formation and functioning of trade relations. Under the conditions of uncertainty of the external state vector, market globalization, growing competition in most sectors and areas of activity, the source of the successful development of commercial potential is the use of modern technology with low power consumption equipment. It is clear that large investments are needed to solve this problem. Traditionally foreign trade is one of the main factors of Ukraine economic dynamics. The structure of foreign trade allows to have an idea of the country competitive position in the world markets, to identify economic "niche"and development of trade relations in which it is competitive. Thus, the state and development of trade relations with key external partners have critical importance for Ukraine economic development.

  3. Issues and barriers in economic development (Last stage of economic development)

    OpenAIRE

    mashkoor, Aasim; Ahmed, Ovais

    2015-01-01

    The research study is to determine the barriers within overall economic development which diversify the issues and problems in growth. Pakistan is a well-sustainable economy in current world. This research investigated the factor affecting issues which are unrealistic. The most common issues are financial issues, negative human resource policies, micro inflation and corruption in public and private projects.

  4. 2005 China's Economic Development Trend

    Institute of Scientific and Technical Information of China (English)

    2004-01-01

    @@ The fruitful 2004 almost passed and the promising 2005 is coming.Through arduous practice of macro control for more than one year,people now are full of confidence about the development of China's economy and have a clear understanding of those problems existing.

  5. ECONOMIC SAFETY PROBLEM IN MODERN MACRO AND MICRO CONCEPTS

    Directory of Open Access Journals (Sweden)

    I. I. Rekun

    2014-01-01

    Full Text Available Purpose. Security is an important component of economic security and the guaranteeing of appropriate national interests in the state. All these things are closely related to the economic efficiency of operations of economic entities, with economic independence, stability and security of a society. In addition, economic security is a part of national security, its foundation and material basis. The problem of economic security in modern conditions at the micro and macro levels requires determining the main directions of its formation. Methodology. To achieve this goal, basic directions of a security mechanism of the economic system, in particular on the macro level were grounded. Findings. Economic security is such state of the state economy operation in which the order of equilibrium occurred in certain organizational and legal norms on the basis of social life. These regulations are created be the state, principles of coexistence, which are transmitted from generation to generation. The current state of economic security guaranteeing at the macro and micro levels was analyzed. The system of indicators that can be used in the assessment of the security system was determined. Originality. Propositions concerning necessary changes in the policy of economic security in a state were formulated. The system of indicators which can be used in the assessment of the security system was offered. Practical value. Using of the proposed system of economic security indicators will expand the list of important factors affecting on its status and allow us determining the main directions of its formation.

  6. Problems of social and economic growth in the Kyrgyz Republic

    Directory of Open Access Journals (Sweden)

    Guseva Valentina Ivanovna

    2016-04-01

    Full Text Available In the article author explores the indirect influence of non-economic factors on the growth dynamics of the volume of GDP, including shows the effect of social problems on economic growth. It is proved that the existence of social problems have a negative impact on the pace of the economic dynamics of the country, due to the mutual dependence of key economic and non-economic factors of growth. On the one hand, the level of income of the population affects the purchasing power, which leads to the increase of the acceleration in economic growth. On the other hand, high levels of poverty and a deepening income inequality dictate political and social instability in society, which negatively affects the dynamics of economic growth. It was revealed that the feature of economic growth in the transitional economy is the negative impact of inflation and unemployment rates of economic dynamics, despite the fact that in most Western models, they are not considered as limiting growth factors.

  7. ECONOMIC DEVELOPMENT AND CONVERGENCE IN ROMANIA

    OpenAIRE

    Elena-Raluca, MOISESCU (DUICAN)

    2014-01-01

    This paper presents the economic connection between nominal convergence, real convergence and economic development in Romania. It is shown that fulfilling the nominal criteria is not enough to enter the Economic Monetary Union. It needs to be accompanied by a sustainable economic development and an increasing labour productivity.

  8. A Stochastic Decision Support System for Economic Order Quantity Problem

    Directory of Open Access Journals (Sweden)

    Amir Yousefli

    2012-01-01

    Full Text Available Improving decisions efficiency is one of the major concerns of the decision support systems. Specially in the uncertain environment, decision support systems could be implemented efficiently to simplify decision making process. In this paper stochastic economic order quantity (EOQ problem is investigated in which decision variables and objective function are uncertain in nature and optimum probability distribution functions of them are calculated through a geometric programming model. Obtained probability distribution functions of the decision variables and the objective function are used as optimum knowledge to design a new probabilistic rule base (PRB as a decision support system for EOQ model. The developed PRB is a new type of the stochastic rule bases that can be used to infer optimum or near optimum values of the decision variables and the objective function of the EOQ model without solving the geometric programming problem directly. Comparison between the results of the developed PRB and the optimum solutions which is provided in the numerical example illustrates the efficiency of the developed PRB.

  9. Financial Structure and Economic Development : A Reassessment

    OpenAIRE

    Cull, Robert; Demirgüç-Kunt, Asli; Lin, Justin Yifu

    2013-01-01

    In this article the authors use quantile regressions to assess the relationship between economic and financial development at each percentile of the distribution of economic development. Thus; the quantile regressions provide information on how the associations between economic development and both bank and securities market development change as countries grow richer.

  10. WWC Review of the Report "Effects of Problem Based Economics on High School Economics Instruction"

    Science.gov (United States)

    What Works Clearinghouse, 2012

    2012-01-01

    The study described in this report included 128 high school economics teachers from 106 schools in Arizona and California, half of whom were randomly assigned to the "Problem Based Economics Instruction" condition and half of whom were randomly assigned to the comparison condition. High levels of teacher attrition occurred after randomization and…

  11. Environmental Economics, Ecological Economics, and the Concept of Sustainable Development

    OpenAIRE

    Giuseppe Munda

    1997-01-01

    This paper presents a systematic discussion, mainly for non-economists, on economic approaches to the concept of sustainable development. As a first step, the concept of sustainability is extensively discussed. As a second step, the argument that it is not possible to consider sustainability only from an economic or ecological point of view is defended; issues such as economic-ecological integration, inter-generational and intra-generational equity are considered of fundamental importance. Tw...

  12. Multiobjective Economic Load Dispatch Problem Solved by New PSO

    Directory of Open Access Journals (Sweden)

    Nagendra Singh

    2015-01-01

    Full Text Available Proposed in this paper is a new particle swarm optimization technique for the solution of economic load dispatch as well as environmental emission of the thermal power plant with power balance and generation limit constraints. Economic load dispatch is an online problem to minimize the total generating cost of the thermal power plant and satisfy the equality and inequality constraints. Thermal power plants use fossil fuels for the generation of power; fossil fuel emits many toxic gases which pollute the environment. This paper not only considers the economic load dispatch problem to reduce the total generation cost of the thermal power plant but also deals with environmental emission minimization. In this paper, fuel cost and the environmental emission functions are considered and formulated as a multiobjective economic load dispatch problem. For obtaining the solution of multiobjective economic load dispatch problem a new PSO called moderate random search PSO was used. MRPSO enhances the ability of particles to explore in the search spaces more effectively and increases their convergence rates. The proposed algorithm is tested for the IEEE 30 bus test systems. The results obtained by MRPSO algorithm show that it is effective and efficient.

  13. Economic theory and social change: problems and revisions

    OpenAIRE

    Fusari, Angelo

    2010-01-01

    Although many economists do a serious and respectable work, main stream economic theory contains an almost complete disregard for the importance of social, cultural and political structures which are the very foundation of the society. Worse than that, such disregard is developed into arrogance when representatives and textbook maintain the illusions of economic main stream science as value free, and sometimes it is even asserted that only if the economic system could be free from disturbing ...

  14. Resonances from Economic Development for current economic policymaking

    OpenAIRE

    RUANE, FRANCES

    2008-01-01

    On November 25 1958, an article in the Irish Times stated that the publication of Economic Development was a unique event, because for the first time, an Irish Government has revealed in full detail the view put to it on the whole range of economic policies by its principal adviser, the Secretary of the Department of Finance.

  15. Economic Developments on Perceived Safety, Violence, and Economic Benefits

    Directory of Open Access Journals (Sweden)

    Anthony Fabio

    2015-01-01

    Full Text Available Background. Emerging research highlights the promise of community- and policy-level strategies in preventing youth violence. Large-scale economic developments, such as sports and entertainment arenas and casinos, may improve the living conditions, economics, public health, and overall wellbeing of area residents and may influence rates of violence within communities. Objective. To assess the effect of community economic development efforts on neighborhood residents’ perceptions on violence, safety, and economic benefits. Methods. Telephone survey in 2011 using a listed sample of randomly selected numbers in six Pittsburgh neighborhoods. Descriptive analyses examined measures of perceived violence and safety and economic benefit. Responses were compared across neighborhoods using chi-square tests for multiple comparisons. Survey results were compared to census and police data. Results. Residents in neighborhoods with the large-scale economic developments reported more casino-specific and arena-specific economic benefits. However, 42% of participants in the neighborhood with the entertainment arena felt there was an increase in crime, and 29% of respondents from the neighborhood with the casino felt there was an increase. In contrast, crime decreased in both neighborhoods. Conclusions. Large-scale economic developments have a direct influence on the perception of violence, despite actual violence rates.

  16. Economics at Work in an Economic Development Organization

    OpenAIRE

    Patrick Jankowski

    2014-01-01

    This article describes the role of economics at the Greater Houston Partnership, a member-funded development organization serving the 9-county Houston Metropolitan Statistical Area. The partnership’s history, the organization’s mission, the role that research economic data plays in the relocation process, and reasons why corporations relocate are discussed in the article.

  17. Women for sustainable economic development.

    Science.gov (United States)

    1998-01-01

    In the aftermath of Viet Nam's devastating war, the Vietnamese people suffer from a low standard of living, impoverishment, unemployment, child malnutrition, the deteriorating health of women, and a widespread inability to pay school fees. The Vietnam Women's Union (VWU) responded to this situation in 1989 by adopting the goals of 1) achieving cooperation among women to increase family income and living standards and 2) improving child nutrition and school attendance. In 1992-97, the VWU initiated additional programs to train women; generate employment income for women; support maternal-child health care, family planning, and child development; build and consolidate the VWU; and expand international cooperation. To promote economic development, Vietnamese women have constructed rural infrastructure; developed an agricultural extension system based on a model that combines a garden, pond, and pigsty on family land plots; launched health education projects to promote family planning, good nutrition, and health care; supported outreach educational efforts for children; and encouraged increased community participation in the design, implementation, and management of projects.

  18. Economic deprivation and early childhood development.

    Science.gov (United States)

    Duncan, G J; Brooks-Gunn, J; Klebanov, P K

    1994-04-01

    We consider 3 questions regarding the effects of economic deprivation on child development. First, how are developmental outcomes in childhood affected by poverty and such poverty correlates as single parenthood, ethnicity, and maternal education? Second, what are the developmental consequences of the duration and timing of family economic deprivation? And, third, what is the comparative influence of economic deprivation at the family and neighborhood level? We investigate these issues with longitudinal data from the Infant Health and Development Program. We find that family income and poverty status are powerful correlates of the cognitive development and behavior of children, even after accounting for other differences--in particular family structure and maternal schooling--between low- and high-income families. While the duration of poverty matters, its timing in early childhood does not. Age-5 IQs are found to be higher in neighborhoods with greater concentrations of affluent neighbors, while the prevalence of low-income neighbors appears to increase the incidence of externalizing behavior problems. PMID:7516849

  19. Understanding Islam: Development, Economics and Finance

    OpenAIRE

    Askari, Hossein; Iqbal, Zamir; KRICHENE, NOUREDDINE; Mirakhor, Abbas

    2013-01-01

    In this paper, the foundational rules governing human, economic and financial development in Islam, as understood from the Quran and from the life and traditions of the Prophet Muhammad (pbuh), are summarized. These rules pave the path to development as the basis of institutional structure, which in turn, underpin the path of economic and social progress. The essential elements in the life of a Muslim—the unity of creation, freedom and freedom of choice, economic and human development, econom...

  20. Overview: Economic Crises and Human Development

    OpenAIRE

    2010-01-01

    In order to better understand the potential impact of the current global economic crisis on human development, we explore how human development indicators have been affected in past economic shocks. The literature on the human development impacts of short-term economic fluctuations suggest some stylized facts. First, there exists an asymmetry between rich and poor countries in terms of the magnitude of impacts of economic crises: Health and education outcomes in rich countries often improve d...

  1. [Incontinence in old age: a social and economic problem].

    Science.gov (United States)

    Welz-Barth, A

    2007-04-01

    Being afflicted with urinary incontinence in old age represents manifold medical, social, and economic problems and restrictions. The objective loss of control and decreased self-confidence result in reduced social interactions and lead to isolation and ostracism accompanied by withdrawal and depression. Giving up leisure time activities, losing social contacts, and the increasing need for long-term care often lead inevitably to a higher degree of dependency and institutionalization. In addition, the taboo still placed on this problem by those affected as well as by the attending physicians has resulted in too few patients receiving adequate diagnosis and being offered sensible treatment options. These problems can only be solved by an interdisciplinary approach. Further information, continuing education, and sensitivity toward these aspects are needed. Only then can incontinence in old age as a social and economic problem exacerbated by the demographic changes be improved. PMID:17310392

  2. Development Questions of Russian-Korean Economic Cooperation

    Directory of Open Access Journals (Sweden)

    Petr S. Andreev

    2012-11-01

    Full Text Available This paper studies modern forms, problems and development prospects of Russian-Korean economic cooperation. Scientific, technical, trade, economic and investment cooperation are considered in details. The authors evaluate advantages of bilateral relations between the Russian Federation and the Republic of Korea.

  3. Development Questions of Russian-Korean Economic Cooperation

    OpenAIRE

    Petr S. Andreev; Galina I. Novolodskaya

    2012-01-01

    This paper studies modern forms, problems and development prospects of Russian-Korean economic cooperation. Scientific, technical, trade, economic and investment cooperation are considered in details. The authors evaluate advantages of bilateral relations between the Russian Federation and the Republic of Korea.

  4. Assets of Nation (Pyramid of Economic Development)

    OpenAIRE

    Ahmed, Ovais; mashkoor, Aasim

    2015-01-01

    The theory of economic development have designed to explore the assets of nations which explain and analyzed the emphasize on Water crisis, deforestation, land of agriculture for yield and minerals. these are the main resources of improving and generating economic health. we analyzed further significant factors which help to designed the qualitative theory of economic development.

  5. Mothers' Economic Hardship and Behavior Problems in Their Early Adolescents

    Science.gov (United States)

    Burrell, Ginger Lockhart; Roosa, Mark W.

    2009-01-01

    Concerns about the heightened prevalence of behavior problems among adolescents from low-income families have prompted researchers to understand processes through which economic variables influence functioning within multiple domains. Guided by a stress process framework and social contextual theory, this study examines processes linking perceived…

  6. Environmental degradation and remediation: is economics part of the problem?

    Science.gov (United States)

    Dore, Mohammed H I; Burton, Ian

    2003-01-01

    It is argued that standard environmental economic and 'ecological economics', have the same fundamentals of valuation in terms of money, based on a demand curve derived from utility maximization. But this approach leads to three different measures of value. An invariant measure of value exists only if the consumer has 'homothetic preferences'. In order to obtain a numerical estimate of value, specific functional forms are necessary, but typically these estimates do not converge. This is due to the fact that the underlying economic model is not structurally stable. According to neoclassical economics, any environmental remediation can be justified only in terms of increases in consumer satisfaction, balancing marginal gains against marginal costs. It is not surprising that the optimal policy obtained from this approach suggests only small reductions in greenhouse gases. We show that a unidimensional metric of consumer's utility measured in dollar terms can only trivialize the problem of global climate change.

  7. Public Economics and Sustainable Developments Policy

    OpenAIRE

    U. Sankar

    2015-01-01

    The domain of public economics is increasing as governments‘ policy goal is shifting from economic development to sustainable development. Government has to act as a trustee representing future generations, and public policies must balance and integrate the three pillars (economic, social and environmental) of sustainable development, recognizing the ecological limits to growth. As per the UN development Agenda, sustainable development goals (SDGs) are meant for the period 2015-2030.This pape...

  8. Economic Problems of Greece and Their Influence on International Tourism

    Directory of Open Access Journals (Sweden)

    Kristina A. Menshikova

    2012-05-01

    Full Text Available The article deals with key economic issues of Greece and their influence on development of international tourism. Such tourist attractions as: popular cities, resorts, wharfs and thermal springs are presented.

  9. Developing Animated Cartoons for Economic Teaching

    Science.gov (United States)

    Zhang, Yu Aimee

    2012-01-01

    Purpose: A picture is worth a thousand words. Multimedia teaching materials have been widely adopted by teachers in Physics, Biotechnology, Psychology, Religion, Analytical Science, and Economics nowadays. To assist with engaging students in their economic study, increase learning efficiency and understanding, solve misconception problems,…

  10. Economic and innovative development of corporation

    OpenAIRE

    O.V. Kornukh

    2014-01-01

    The aim of the article. The aim of the article is to determine the essence of economic and innovative development of corporation on the basis of complex approach. The results of the analysis. The article has revealed the nature of development from economic and philosophical points of view. The understanding of the nature of development enables managing it, i. e. working out appropriate development strategies (economic, innovative, technological, social, etc). The study of theoretical appro...

  11. Problems Analysis of Tax Preference Policies for Promoting Changjitu Regional Economic Development%促进长吉图区域经济发展税收优惠政策的有关问题分析

    Institute of Scientific and Technical Information of China (English)

    吕丹; 苏晶华

    2013-01-01

    长吉图开发开放先导区作为国家级战略,必将成为新的经济增长而推动我省经济的快速发展。税收作为国家宏观调控的经济杠杆,是促进区域经济快速发展的一项重要的经济政策。随着《增值税暂行条例》的重新修订和《中华人民共和国企业所得税法》的出台,在全国铺开了增值税转型和企业所得税的优惠政策,在一定程度上制约了长吉图战略经济的快速发展。因此,我们税务工作者和税收理论研究人员应充分分析税收优惠政策存在的问题,找到症结所在,提出解决措施,给出具体政策建议。%As an exploitation forerunner area of national strategy, Changjitu will become the new economic growth and promote the rapid economic development of our province. As an economic lever of national macro control, Tax is an important economic policy to promote the rapid development of regional economy. With the Provisional Regulations on Value Added Tax Revision has been revised and The People's Republic of China Enterprise Income Tax Law has published, the preferential policies of transformation of value-added tax and enterprise income tax have spread throughout the country, restrict the rapid development of Changjitu strategic economy, to a certain extent. Therefore, tax workers and tax theory researchers should fully analyze the existing problem of preferential tax policies, find out the crux of the problem, propose solutions and give the specific policy recommendations.

  12. Essays in Behavioral and Development Economics

    OpenAIRE

    Rao, Gautam

    2014-01-01

    This dissertation is comprised of three essays in empirical economics. These essays are united by three clear intellectual and methodological themes. First, each essay attempts to bring theories and insights from psychology to bear on open questions in economics, with a focus on topics of importance to developing countries. Second, they use experiments - both randomized field experiments and natural experiments - to test economic theory. Finally, each paper attempts to measure economically im...

  13. The ethics of New Development Economics: is the Experimental Approach to Development Economics morally wrong?

    Directory of Open Access Journals (Sweden)

    Stéphane J. Baele

    2013-11-01

    Full Text Available The 2000s have witnessed the arrival and growing popularity of randomized controlled experiments (RCTs in Development Economics. Whilst this new way of conducting research on development has unfolded important insights, the ethical challenge it provokes has not yet been systematically examined. The present article aims at filling this gap by providing the first ad hoc discussion of the moral issues that accompany the use of RCTs in Development Economics. Claiming that this new research agenda needs its own, specific set of ethical guidelines, we expose the six ethical problems that these experiments potentially provoke and that should therefore be carefully assessed by ethics committees before an RCT is launched and by scholarly journals before its results are published.

  14. Science and Technology and Economic Development

    OpenAIRE

    Lamberte, Mario B.

    1988-01-01

    Dealing with science and technology and economic development, this paper describes the relationship between technological capability and the degree of economic development. It analyzes the structure of the Philippine economy and the structural changes that have taken place since the 1970. It also investigates the impact of economic developments and technological advances in other countries on the Philippine economy. A discussion on possible research collaboration among PIDS, DOST and regional...

  15. TECHNOLOGY AND ECONOMIC DEVELOPMENT: A LITERATURE REVIEW

    OpenAIRE

    HARM-JAN STEENHUIS; ERIK J. DE BRUIJN

    2012-01-01

    Technology is considered as a key factor for economic development. Many authors in the field of technology management mention this impact on economic development as a motivator for their technology oriented study. What is this relationship between technology and economic development? In most studies, the relationship between technology and economy remains implicit. The purpose of this paper is to explore the relationship between technology and the economy. Four literature streams are discusse...

  16. Economic Development Capacity amongst Small Rural Communities.

    Science.gov (United States)

    Keane, Michael J.

    1990-01-01

    Examines indigenous capacity for local community development. Examines new economic development initiatives by communities, nature of relationships between local and larger economies, and how relationships affect local capacity for new economic activities. Discusses benefits of spatial framework in rural development and planning. (TES)

  17. The Economic Financialization From the Perspective of Development Economics to Research the Problem About Income Distribution%发展经济学视角下经济金融化过程中收入分配问题研究

    Institute of Scientific and Technical Information of China (English)

    胡冰; 王敬伟

    2014-01-01

    在经济全球化影响下,经济金融化趋势逐步发展。这样的趋势对世界各国特别是发展中国家的经济发展提出了新的要求与内涵,也增添了新的困难。传统的经济发展方式,已不能满足现阶段发展中国家的经济发展要求,收入分配差距逐步扩大。因此,怎样解决经济增长过程中发展中国家的收入分配问题已成为重中之重。发展中国家政府要在经济金融化下作出适度的干预,完善制度建设,构建合理的经济结构,使收入分配差异控制在合理范围。%Under the influence of economic globalization , economic financialization is gradually developing .This trend of economic development make the world, especially in developing countries put forward new requirements and content,also adds a new difficulty.The traditional mode of de-velopment economics, can not meet the requirements of the present stage of economic development of developing countries , the income gap gradually expanded.So, how to solve the problem of income distribution in the process of economic growth in developing countries has become a priority .The direction of the developing countries under the economic financialization to solve the issue of income distribution should be put forward , that is to make government intervention in the economy Financialization make the system construction better , to build a rational economic structure .Also make the differences in income distribution at a reasonable range.

  18. TO THE QUESTION OF ECONOMIC DEVELOPMENT IN FORMATION OF THE SINGLE ECONOMIC SPACE

    Directory of Open Access Journals (Sweden)

    Pershin S. P.

    2016-04-01

    Full Text Available Modern trends of development of economic relations are not devoid of problems. The globalization of economic relations, development of communication network has opened a lot of abuse, incorrectly built relationships with contractors and agencies administration, well-known difficulties and shortcomings of law enforcement. The study showed that the weight of these circumstances caused the absence of an organized system of registration, formation, compilation, analysis and presentation of information. Collectively it is nothing like the attributes of the accounting system. The development of accounting in the region and the country as a whole in the direction of generalization of accounting information on all economic entities and other economic actors, becomes the requirement of time. The authors proposed the principles of the organization's user systems through a single automated account management system. Defined the functional role of each participant in such system. Much of the information comes from the so-called user agents – the authority of the state machinery and economic entities authorized in the formation and presentation of the required accounting information. The rules of the proposed system will provide the consistency required functionality of each participant and access to some form of economic information through economic roadmap. The implementation of the proposed accounting system will allow to define rules of functioning of the uniform economic space of the country, which will make possible the implementation of economic policies more effective, will allow to disseminate the experience of effective ministries in all areas of economic space

  19. Methodology problems in international economic law and adjudication

    OpenAIRE

    Petersmann, Ernst-Ulrich

    2016-01-01

    This overview of 'methodology problems' in international economic law (IEL) and adjudication defines 'legal methodology' as the 'best way' for identifying the 'sources' of law, legitimate authority, the methods of legal interpretation, law-making and adjudication, the 'primary rules of conduct' and 'secondary rules of recognition, change and adjudication', the relationships between 'legal positivism', 'natural law' and 'social theories of law', and the 'dual nature' of modern legal systems. I...

  20. Financial Development, Environmental Quality and Economic Growth

    Directory of Open Access Journals (Sweden)

    Shushu Li

    2015-07-01

    Full Text Available In this study, the relationships between financial development, environmental quality and economic growth are studied based on data from 102 countries over the period 1980–2010 using the generalized method of moments (GMM estimation. The econometric results show the following three basic conclusions: First, both financial development and environmental quality have a significant impact on economic growth and should be included in the production function of the economic growth model as important variables. Second, there is a significant and robust “inverted U-shaped” relationship between financial development and economic growth; with the improvement of the level of financial development, economic growth would first increase and then decrease, which is consistent with the results of previous studies. Third, there is also a significant and robust “inverted U-shaped” relationship between economic growth and carbon emissions, indicating that there exists a “critical point” at which achieving economic growth comes at the expense of environmental quality, and after passing the critical point, the deterioration of environmental quality will lead to a significant slowdown in economic growth. In addition, the econometric analysis in this paper also shows that there was a mutually promoting and strengthening relationship between financial development and environmental quality. Specifically, the degree of financial development can further strengthen the promoting effect of environmental quality on economic growth; meanwhile, an improvement in environmental quality can also strengthen the promoting effect of financial development on economic growth. Financial development and environmental quality could influence economic growth through strengthening the marginal product effects of capital and labor, which further indicates the that both financial and environmental factors play an important role in modern economic development.

  1. Researches on Agricultural Cooperative Economic Organization Promoting Agricultural Insurance Development

    Institute of Scientific and Technical Information of China (English)

    2011-01-01

    The advantages of cooperative economic organization being the effective carrier of agricultural insurance development are analyzed. Firstly, cooperative economic organization promotes scale management and solves the problem of decentralized operation of small households. Secondly, cooperative economic organization can settle the problem of peasants’ low systematization. Thirdly, cooperative economic organization can largely reduce the costs of agricultural insurance operation. Fourthly, cooperative organization decreases moral risks as well as adverse selection to some extent. Lastly, cooperative organization, to a certain degree, reduces the risks of agricultural production and increases the insurability of agricultural risks. Meanwhile, limitations of agricultural cooperative economic organization being the carrier of agricultural insurance operation are pointed out. Firstly, cooperative economic organization has limited coverage and small size of organization, which is harmful to the diversification of agricultural risks. Secondly, cooperative economic organization lacks capital funds and its development is not standard, which is not perfect for the function exertion as a carrier. Lastly, members of professional cooperative organization have low cultural qualities, which restrict the implementation of agricultural insurance. The modes of farmers’ cooperative economic organization promoting agricultural insurance development are proposed, including mode of agricultural insurance cooperative ( mutual corporation), mode of "leading enterprises (companies) + professional cooperative organization (planting majors) + insurance" and mode of professional cooperatives serving as agricultural insurance agent. Last of all, the promoting role of agricultural insurance in agricultural cooperative economic organization is briefly illustrated.

  2. ECONOMIC DEVELOPMENT THROUGH AID OR INTERNATIONAL TRADE

    Directory of Open Access Journals (Sweden)

    Ana Mihei

    2010-12-01

    Full Text Available Economic development is the supreme goal of modern civilization. This phenomenon is seen not just in terms of growth, but rather as an overall improvement in living standards. Economic development is a national goal, but also an objective of international economic bodies. Talks about development are held in the context of the opposition between developed countries and developing countries.In this article, we discuss whether development aid that originates from industrialized states supports sustainable economic rise of the countries lagging behind and whether it is preferable to let market operate freely, through the liberalization of international trade. Our conclusion is that economic development through the promotion of free trade would be achieved faster and more efficiently, based on net gains from trade and the pride of the peoples who would have won by themselves their daily bread and a place in the global market.

  3. The Economic Crisis and Sustainable Development

    DEFF Research Database (Denmark)

    Lund, Henrik; Hvelplund, Frede

    This paper presents Concrete Institutional Economics as an economic paradigm to understand how the wish for sustainable energy in times of economic crisis can be used to generate jobs as well as economic growth. In most countries, including European countries, the USA and China, the implementation...... of sustainable energy solutions involves the replacement of imported fossil fuels by substantial investments in energy conservation and renewable energy. In such situation, it becomes increasingly essential to develop economic thinking and economic models that can analyse the concrete institutions in which...... the market is embedded. This paper presents such tools and methodologies and applies them to the case of the Danish heating sector. The case shows how investments in decreasing fossil fuels and CO2 emissions can be made in a way in which they have a positive influence on job creation and economic development...

  4. The Economic Crisis and Sustainable Development

    DEFF Research Database (Denmark)

    Lund, Henrik; Hvelplund, Frede

    2012-01-01

    This paper presents Concrete Institutional Economics as an economic paradigm to understand how the wish for sustainable energy in times of economiccrisis can be used to generate jobs as well as economic growth. In most countries, including European countries, the USA and China, the implementation...... of sustainable energy solutions involves the replacement of imported fossil fuels by substantial investments in energy conservation and renewable energy (RE). In such situation, it becomes increasingly essential to develop economic thinking and economic models that can analyse the concrete institutions in which...

  5. ADMINISTRATION AND LOCAL ECONOMIC DEVELOPMENT CASE STUDY: VALCEA COUNTY

    Directory of Open Access Journals (Sweden)

    Aurelia-Camelia MARIN

    2012-01-01

    Full Text Available Involving local governments is one of the key issues and challenges for the development of each region, not least for the development of Romania, as an EU member country. The main purpose of this paper is to identify the main factors affecting the ability of local authorities in Romania, especially those in Valcea county to provide economic operators and citizens conducting an environment of economic activities and a high level of quality of life. For example, I follow the development of several economic indicators relevant for economic development and opportunities for involvement of local government to improve the economic situation specific to this county. As research methods in paper I plugged classification, synthesis, static and dynamic comparative analysis, methods of induction and deduction, the graphical representation of events and phenomena investigated in an attempt to provide an explanation of the problem that is, in terms theoretically convincing.

  6. BUILDING A SUSTAINABLE REGION ECONOMIC DEVELOPMENT MODEL

    Directory of Open Access Journals (Sweden)

    Pshunetlev A. A.

    2014-09-01

    Full Text Available The article contains basic assumptions of the region sustainable economic development model, which can be used to gain new knowledge about economic processes, contribute to the stability of the regional development, as well as serve as an educational tool in the study of relevant disciplines

  7. Reintroducing ethics to economics and development theories

    NARCIS (Netherlands)

    Graaf, Frank Jan de

    2010-01-01

    Frank Jan de Graaf argues that the domination of neoclassical economic thinking in academia has contributed to the economic crisis and hindered thinking about sustainable development. Currently, ethics is re-entering the debate about how to develop prosperous open societies. A group of NGOs recently

  8. ECONOMIC DEVELOPMENT VS PROTECTION OF ETHNIC CULTURES

    Institute of Scientific and Technical Information of China (English)

    郑茜; 李晓勤

    2004-01-01

    In November 2004,on international symposium was held in Kunming capital of southwest China's Yunnan Province,on economic development vs.protection of China's ethnic cultures.Participants agreed that the gathering came in good time in view of the fact that economic development is posing a growing threat to the very existence of ethnic cultures.

  9. Notes on innovation systems and economic development

    DEFF Research Database (Denmark)

    Lundvall, Bengt-Åke

    2011-01-01

    This paper gives a brief history and background for the concept 'national innovation system' and discusses its usefulness for understanding and managing economic development.......This paper gives a brief history and background for the concept 'national innovation system' and discusses its usefulness for understanding and managing economic development....

  10. TOURISM AND ECONOMIC DEVELOPMENT IN MOUNTAIN REGIONS AN ECONOMIC ASSESSMENT

    Directory of Open Access Journals (Sweden)

    Todt Horst

    2009-05-01

    Full Text Available The paper gives a critical assessment of the theses of UNWTO that tourism is an effective means of developing whole regions especially difficult aeries such as mountain regions. Growth Pole Theory and Economic Base Theory are used as methodological base.

  11. Natural Disasters, Economic Development, and Humanitarian Aid

    OpenAIRE

    David Strömberg

    2007-01-01

    Natural disasters are one of the major problems facing humankind. Between 1980 and 2004, two million people were reported killed and five billion people cumulatively affected by around 7,000 natural disasters, according to the dataset maintained by the Centre for Research on the Epidemiology of Disasters (CRED) at University of Louvain (Belgium). The economic costs are considerable and rising. The direct economic damage from natural disasters between 1980-2004 is estimated at around $1 trilli...

  12. The Fuzzy Economic Order Quantity Problem with a Finite Production Rate and Backorders

    Directory of Open Access Journals (Sweden)

    Kaj-Mikael Björk

    2012-01-01

    Full Text Available The track of developing Economic Order Quantity (EOQ models with uncertainties described as fuzzy numbers has been very lucrative. In this paper, a fuzzy Economic Production Quantity (EPQ model is developed to address a specific problem in a theoretical setting. Not only is the production time finite, but also backorders are allowed. The uncertainties, in the industrial context, come from the fact that the production availability is uncertain as well as the demand. These uncertainties will be handled with fuzzy numbers and the analytical solution to the optimization problem will be obtained. A theoretical example from the process industry is also given to illustrate the new model.

  13. The human factor in Alaska's economic development

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — This report covers the human factor in Alaska's economic development. The regions earlier development is discussed and introduction to an evaluation of the...

  14. Theoretical Problems of Rural Territories Exploration as an Integral Socio-ecological-economic Systems

    OpenAIRE

    Mariya Ilyina

    2014-01-01

    Long-term existence of a number of social, economic, and environmental problems of rural territories in Ukraine stipulates the necessity of researches on features of their functioning and development as well as on searching of innovative businesses patterns in rural areas, on enhancement of social capital and improvement of the environment. Researches on how certain economic industries work in rural sites are of high importance, and first of all those concerning tourism and recreation being g...

  15. Mathematics at economic university: problems and ways of their decision

    Directory of Open Access Journals (Sweden)

    Sergei Udin

    2015-02-01

    Full Text Available In article problems of teaching of mathematical disciplines at economic universities are considered. The analysis of a state of preparation of entrants last years on the basis of researches PISA and the report of UNESCO on formation in the world is carried out. It is shown that in the conditions of an insufficient financ-ing of education in the Russian Federation and low level of preparation of entrants in the basic subjects, it is necessary to optimize curriculums and to use new educational technologies. It is offered to use the free software designed for carrying out mathematical and econometrics calculations, unique system of genera-tion of examinations and tests, the modern language of programming optimized for use by students of economic specialties, profound studying of tabular processor Microsoft Excel.

  16. Is inclusive development a sustainable development? : A political economic perspective

    OpenAIRE

    Pushparaj, Soundararajan

    2013-01-01

    A major development policy challenge in the contemporary economic policy discourse is to sustain the development momentum. Prevailing political economic realities influence the economic thinking to accommodate the political compulsions. The inclusive development is one such development strategy. Inclusive development is not a mere political pragmatism but a sensible development strategy. This paper discusses the relevance of distributive justice in relation to civil disturbance across and wit...

  17. Using the synergistic principles for economic development management

    OpenAIRE

    Romanova, Tatiana

    2013-01-01

    Methodological problems of development of the synergy as a science were researched. The synergistic approach to social-economic system research and its peculiarities were analyzed. The principles of synergistic development of an economy were substantiated. The role of chaos in appearance of dissipative structures on the way to self-organization was researched.

  18. A review of mathematical models in economic environmental problems

    DEFF Research Database (Denmark)

    Nahorski, Z.; Ravn, H.F.

    2000-01-01

    The paper presents a review of mathematical models used,in economic analysis of environmental problems. This area of research combines macroeconomic models of growth, as dependent on capital, labour, resources, etc., with environmental models describing such phenomena like natural resources...... exhaustion or pollution accumulation and degradation. In simpler cases the models can be treated analytically and the utility function can be optimized using, e.g., such tools as the maximum principle. In more complicated cases calculation of the optimal environmental policies requires a computer solution....

  19. Ecological economic benefit in sustainable development

    Institute of Scientific and Technical Information of China (English)

    Jiang Xuemin; Ren Long

    2006-01-01

    From the concept of ecological economic benefit, I put forward the general formula for the benefit of ecological economy and the appraisal methods of the ecological economy, Theory on ecological benefit and economic benefit is the base of the benefits of ecological economy To some extent, the development of ecological economy, theory and practice on eco-agriculture are both the production made from opposition and unify of ecological benefit and economic benefit. This paper discusses the "T" type structure, which will give the theoretical bases for enhancing the ecological and economical benefits.

  20. Academic Libraries and Regional Economic Development.

    Science.gov (United States)

    Fiscella, Joan B.; Ringel, Joan D.

    Academic libraries should follow the practice adopted by some academic institutions during recent periods of economic scarcity and develop economic and political ties with the business community, a partnership that could provide genuine benefits for members of the business community, elected officials, and academia. An example of such cooperation…

  1. Economic and Workforce Development Program Annual Report

    Science.gov (United States)

    California Community Colleges, Chancellor's Office, 2014

    2014-01-01

    California's community colleges continue to play a crucial role in the state's economy by providing students with the skills and knowledge to succeed and by advancing the economic growth and global competitiveness of California and its regional economies through the Economic and Workforce Development Program (EWD). The EWD program invests in the…

  2. Environmental crises in developing countries: control measures in economic sense

    International Nuclear Information System (INIS)

    Most of the developing countries consist of similar type of problems and crises of environment. This may be due to industries vehicles, or agriculture. Referring to the Asian countries it may be due to policy, relocation of industries, different levels of economic crises etc. This study includes impact of environment vs socio, policy, population, demography. The feasibility observed as enhancement of economic status, involving local society, cost base sharing, upgrading the employment opportunities, firm steps and policies, and agenda changes and adoptions. (Author)

  3. The Economics of Slums in the Developing World

    OpenAIRE

    Benjamin Marx; Thomas Stoker; Tavneet Suri

    2013-01-01

    The global expansion of urban slums poses questions for economic research as well as problems for policymakers. We provide evidence that the type of poverty observed in contemporary slums of the developing world is characteristic of that described in the literature on poverty traps. We document how human capital threshold effects, investment inertia, and a "policy trap" may prevent slum dwellers from seizing economic opportunities offered by geographic proximity to the city. We test the assum...

  4. Economic Development, Inequality and Climate Change in Vietnam

    OpenAIRE

    Dang, Vinh; Do, Trang; Nguyen, Cuong Van; Phung, Thu; Phung, Tung

    2013-01-01

    From 2011 till 2013, Vietnam has been experiencing an economic slowdown and macroeconomic problems such as high inflation, bad debt from commercial banks and the inefficient operation of state-owned companies. The poverty reduction rate has slowed down and poverty incidence in remote and mountainous areas remains high. Inequality in income and socio-economic development between different geographic and ethnic groups is still significant. Climate changes such as escalating frequency of extreme...

  5. Economism

    Directory of Open Access Journals (Sweden)

    P. Simons

    2010-07-01

    Full Text Available Modern society is characterised not only by a fascination with scientific technology as a means of solving all problems, especially those that stand in the way of material progress (technicism, but also by an obsessive interest in everything that has to do with money (economism or mammonism. The article discusses the relationship between technicism and economism, on the basis of their relationship to utilitarian thinking: the quest for the greatest happiness for the greatest number of people. Recent major studies of neo-liberalism (seen as an intensification of utilitarianism by Laval and Dardot are used as reference to the development of utilitarianism. It is suggested that the western view of the world, as expressed in economism and technicism, with a utilitarian ethics, features three absolutisations: those of theoretical thinking, technology and economics. In a second part, the article draws on the framework of reformational philosophy to suggest an approach that, in principle, is not marred by such absolutisations.

  6. Economic and innovative development of corporation

    Directory of Open Access Journals (Sweden)

    O.V. Kornukh

    2014-09-01

    Full Text Available The aim of the article. The aim of the article is to determine the essence of economic and innovative development of corporation on the basis of complex approach. The results of the analysis. The article has revealed the nature of development from economic and philosophical points of view. The understanding of the nature of development enables managing it, i. e. working out appropriate development strategies (economic, innovative, technological, social, etc. The study of theoretical approaches to the essence of a corporation enables the statement that at present a corporation is the most promising form of entrepreneurship as the evolution of corporation has brought it to a higher level as compared with an enterprise in terms of property, approaches to management etc. The evident advantage of a corporation over an enterprise is in implementing innovative projects, pooling corporate interests and providing them with intellectual, financial, technical and other kinds of resources. Theoretical and methodological approach to determining the economic and innovative development of an enterprise consists in determining the complicated and capacious category «an enterprise’s economic development» through its main components (business processes, finances, investments, logistics and marketing and the structure of economic activities. Components of the innovative development and the structure of an enterprise’s innovative development are presented similarly. The article presents the complex approach to determining the essence of the economic and innovative development of a corporation on the grounds of relationship of a corporation’s development lines and gives the classification of a corporation’s economic and innovative development (CEID depending on the level of innovativeness of the economic development. The article defines the term «corporation’s economic and innovative development» as a category that characterizes dynamic qualitative

  7. Management Strategies and Economic Development in Ghana

    DEFF Research Database (Denmark)

    Kuada, John

    2014-01-01

    to provides illustrations of the usefulness of the human capability development framework presented in volume one as a foundation for sustainable and inclusive economic development in SSA. It also highlights the challenges that the country continues to grapple with and provides some directions for further......Ghana has experienced a tumultuous political and economic history since its independence in 1957. But today it is among the handful of African nations that showcase the dreams and aspirations of Sub-Sahara Africa. In 2011 it achieved an impressive economic growth rate of 14.6 per cent and ranked...... as number 2 on the World Bank’s world economic growth list. It has also scored high on measures of civil liberty, political rights and political stability among other nations on the West African sub-continent. But Ghana still faces serious economic and social challenges and is, therefore, in search of new...

  8. Darwin, Veblen and the problem of causality in economics.

    Science.gov (United States)

    Hodgson, G M

    2001-01-01

    This article discusses some of the ways in which Darwinism has influenced a small minority of economists. It is argued that Darwinism involves a philosophical as well as a theoretical doctrine. Despite claims to the contrary, the uses of analogies to Darwinian natural selection theory are highly limited in economics. Exceptions include Thorstein Veblen, Richard Nelson, and Sidney Winter. At the philosophical level, one of the key features of Darwinism is its notion of detailed understanding in terms of chains of cause and effect. This issue is discussed in the context of the problem of causality in social theory. At least in Darwinian terms, the prevailing causal dualism--of intentional and mechanical causality--in the social sciences is found wanting. Once again, Veblen was the first economist to understand the implications for economics of Darwinism at this philosophical level. For Veblen, it was related to his notion of 'cumulative causation'. The article concludes with a discussion of the problems and potential of this Veblenian position. PMID:12472063

  9. Study on Potential Problems of Shandong Economic Forest Construction and Standardization Construction Scheme

    Institute of Scientific and Technical Information of China (English)

    Runze; CAO

    2013-01-01

    Shandong is a culturally powerful province with excellent natural geographical condition and the warm temperate monsoon climate creates abundant benefits to the agricultural development there.In 2009,Shandong administration bureau of Yellow River economic development held the forum on related issues of national new countryside industry office planning to build economic forest base around the Yellow River in Shandong.The primary intention was settled and the construction of Shandong Economic Forest was formally started.Although impressive progress has been achieved in recent years,there also exists potential problems in the construction of economic forest,among which heavy metal pollution and soil acidification are the worst,causing huge damage to the physiological health of the consumers of economic forest.The writer proposes the countermeasures against standardization construction of economic forest.Scientific management is to be adopted to improve the professional skills of the employees in economic forest and brand innovation should be emphasized to quicken the quality certification of the products of economic forest.Besides,standard production demonstration is to be created and promoted in order to boost scale development.Furthermore,mechanism innovation is also to be stressed and forestry specialized cooperation organizations should be largely supported.

  10. STOCK MARKET DEVELOPMENT AND ECONOMIC GROWTH AN EMPIRICAL ANALYSIS

    Directory of Open Access Journals (Sweden)

    Vazakidis Athanasios

    2012-01-01

    Full Text Available This study investigated the causal relationship between stock market development and economic growth for Greece for the period 1978-2007 using a Vector Error Correction Model (VECM. Questions were raised whether stock market development causes economic growth taking into account the negative effect of interest rate on stock market development. The purpose of this study was to investigate the short-run and the long-run relationship between the examined variables applying the Johansen co-integration analysis. To achieve this objective unit root tests were carried out for all time series data in their levels and their first differences. Johansen co-integration analysis was applied to examine whether the variables are co-integrated of the same order taking into account the maximum eigenvalues and trace statistics tests. Finally, a vector error correction model was selected to investigate the long-run relationship between stock market development and economic growth. A short-run increase of economic growth per 1% induced an increase of stock market index 0.41% in Greece, while an increase of interest rate per 1% induced a relative decrease of stock market index per 1.42% in Greece. The estimated coefficient of error correction term was statistically significant and had a negative sign, which confirmed that there was not any problem in the long-run equilibrium between the examined variables. The results of Granger causality tests indicated that there is a unidirectional causality between stock market development and economic growth with direction from economic growth to stock market development and a unidirectional causal relationship between economic growth and interest rate with direction from economic growth to interest rate. Therefore, it can be inferred that economic growth has a direct positive effect on stock market development while interest rate has a negative effect on stock market development and economic growth respectively.

  11. Legal Institutions and Economic Development

    NARCIS (Netherlands)

    Beck, T.H.L.

    2010-01-01

    Legal institutions are critical for the development of market-based economies. This paper defines legal institutions and discusses different indicators to measure their quality and efficiency. It surveys a large historical and empirical literature showing the importance of legal institutions in expl

  12. A study of economic development in Tibet of China based on the ecological economic mode

    Institute of Scientific and Technical Information of China (English)

    Zhao Xiaohong; He Jia; Jiang Li

    2006-01-01

    The purpose of this paper is to study the issues on keeping the continuous development of Tibetan economy and the relative stability of its ecosystem. Hence, in order to achieve the object, the study analyzes the status quo of economic development in Tibet and the problems of resource exploitation. It especially discusses frailty of Tibetan eco-environment, and evaluates the contradictions between the traditional economic developing mode and the safety of plateau's ecosystem. It concludes that there is an inevitable clash between the development of Tibetan economy and the safety of plateau's eco-system; this problem cannot be avoided by any decision maker. Therefore, the character of Tibetan eco-environment and the requirement of its economic development strategy determine that ecological economy developing mode is the only choice for Tibet. This paper suggests that it should be compensated by the national government to assure that Tibetan economy can keep a higher developing speed. In accordance with the feature of plateau eco-economy system and demand of Tibetan economic development, this paper also suggests several methods to apply the eco-economy developing strategy of Tibet.

  13. Economic development in Sarawak, Malaysia: An overview

    OpenAIRE

    Furuoka, Fumitaka

    2014-01-01

    The state of Sarawak is situated on Borneo Island in East Malaysia. It is the largest state in Malaysia covering an area of approximately 124 thousand square kilometres. Sarawak’s population is approximately 2.07 million people, which makes it the fourth most populous state in the country. There are several distinguished characteristics of the economic development process in Sarawak which highlight the contrast in economic development in Sarawak and the rest of Malaysia. On the whole, the Mal...

  14. Malaysian Economic Development: Looking Backwards and Forward

    OpenAIRE

    Hal Hill

    2010-01-01

    This paper provides an analytical and forward-looking overview of Malaysian economic development. Looking back over its 53 years of Independence, we identify the key stylized facts to include the country's generally rapid economic growth and structural change; its consistent openness, especially for merchandize trade and foreign direct investment; its creditable record of macroeconomic management; its consistently high inequality, in spite of the developing world's most consistently implement...

  15. Economic Development in the Middle East

    OpenAIRE

    Yochanan Shachmurove

    2004-01-01

    The economic and financial development are examined in Algeria, Egypt, Iran, Israel, Jordan, Kuwait, Lebanon, Morocco, Oman, Saudi Arabia, Syria, Tunisia, Turkey, United Arab Emirates, and Yemen, representing the Middle East and North Africa region. Lengthy bureaucratic procedures, unclear regulations, corruption, and heavy reliance on oil exports pose major obstacles to economic development and integration into global markets. These controlled economies directly affect foreign and domestic i...

  16. BETWEEN ECONOMIC GROWTH AND SUSTAINABLE DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    TROANCA DUMITRU

    2013-02-01

    Full Text Available Economic growth and Sustainable development concepts have emerged at different moments in history.However, at this time, they are related to each other more than ever, because at one point, one of them evolutiondetermined the other’s birth, preventing humanity to destroy itself.This paper intends to present some conceptual delimitation, evolution of the concept of economic growth, butalso several theories and models of economic growth that was the subject of specialists’ researches. Like any economicphenomenon, growth brings some benefits and some costs. When these costs threaten the future of humanity, somesolutions need to be found, no matter how hard ware them to implement, to remove unwanted effects.In this light, the paper deals with the concept of sustainable development, with this emergence and evolution, butespecially with the link between sustainable development and economic growth.

  17. Nigerian stock exchange and economic development

    Directory of Open Access Journals (Sweden)

    Olowe,Olusegun

    2011-12-01

    Full Text Available This article studies role of cooperations in creating opportunities for using rich renewable energy sources and also their potential role for entrepreneurship and employment in Iran. The presence of constant, sustainable and economical energy is an essential basis for any economical and social development while it can upgrade life qualities. Iran has a considerable amount of natural resources for modernizing its energy supply and being transited to a sustainable energy system as it has countless opportunities for using rich renewable energy sources. On the other hand, cooperation have been considered as a strategic way to create job opportunities as they are strong organizations which can encounter economical and social side affects caused by quick moderating procedures in structural programs.Results show convergence between renewable sources development and Iran's economical development through taking a frugal approach in expenses, creating new job opportunities and entrepreneurship in renewable energies.

  18. CONTINUOUS ECONOMIC EDUCATION AS THE FACTOR OF PROFESSIONAL DEVELOPMENT OF PERSONALITY

    Directory of Open Access Journals (Sweden)

    T. J. Lomakina

    2014-10-01

    Full Text Available The necessity of continuous economic education of future professionals is caused by importance of forming correct understanding of the economic reality, of comprehension of economic basic laws, of understanding of global and national tendencies in economic development; the growing role of continuous economic education as a major factor of formation and development of a postindustrial society is shown; the reasons and circumstances of the active reference of the domestic pedagogical science and practice to problems of economic education are emphasized; the factors influencing development of continuous economic education are established in the article. Continuous economic education is considered as a part of continuous education promoting the formation of a competitive expert in conditions of market economy, demanded on labour market and directed on formation of economic competencies depending on the type of preparation (economic and not economic at different educational levels according to models of the graduate and the teacher and realized by means of economic training and economic education.

  19. Flower Pollination Algorithm Applied for Different Economic Load Dispatch Problems

    Directory of Open Access Journals (Sweden)

    R. Prathiba

    2014-05-01

    Full Text Available Economic load dispatch (ELD is the main optimization task in power system operation. Minimizing the fuel cost by optimally setting the real power outputs from generators is the objective of ELD problem. In this work, ELD problem is addressed by considering three different cost functions. Real power generations are adjusted for minimizing the fuel cost by using flower pollination algorithm (FOA. This algorithm works on the basis of pollinating behavior of flowering plants. Unlike the other nature inspired algorithms, it follows only the levy flight mechanism for generating the population for the next generation. Being free from large number of parameters, the algorithm works well and there is no much difficulty in tuning to suit for different problems. The algorithm can be coded easily in any programming language. The proposed algorithm is tested on the standard IEEE-30 bus system and the results are compared with those of the other algorithms reported in the literature. The results are found to be improved and encouraging.

  20. The research of economic development law in resourceful city

    Institute of Scientific and Technical Information of China (English)

    路世昌

    2001-01-01

    The resource advantage of resourceful region has made the region develop very fast. However because the resource is of exhausting character, this means that the region has hidden troubles of economic depression. The paper analyzes the formation of resourceful region and the law of resourceful region's economic development, and then the paper brings forward that the resourceful region has a potential danger of economic depression. Considering China's economic development practice, the paper puts forward a basic way of thinking. That is: we must attach importance to the problem of industrial structure when we pay attention to existing resource advantage in order to avoid the simplification of regional industrial structure and to avoid entering a vicious cycle.

  1. THE PROBLEMS AND ECONOMIC REFLECTIONS OF ENTERPRISES IN ROMANIA

    Directory of Open Access Journals (Sweden)

    Ileana (BĂDULESCU ANASTASE

    2015-11-01

    Full Text Available This study shows the problems and reflections of Romania,in the period after the aderation to EU, this being a period when all the economic activities will be tested according to their level of efficiency and productivity of work. Maintining the traditional form of organization of work, of investments of structure of the finite products may transform the country into a colony, into an exporter of raw materials and workforce in the EU. We can notice the same thing, based on our research, in the case of the Moldavian Republic: the exports and investments influence very little the economic growth. This is due to the reduced performances of Moldavian exporters, and, even more, to the uncompetitive structure on groups of products. Half of the Moldavian exports is assured by the agro-alimentary market, without noticing some obvious trends of specialization in other new branches. The cause of this trend is the weak productive potential of national agriculture and industry (Anastase.I 2010.

  2. Opinions of primary and secondary school teachers on economical problems and their effects on performance

    Directory of Open Access Journals (Sweden)

    Ali Rıza Erdem

    2010-02-01

    Full Text Available The aim of the study is clarifying economical problems of primary and secondary school teachers and effects of these problems on their performance. The data in the study were picked up with qualitative and quantitative ways. Among the primary and secondary school teachers in private and state schools within the municipality boarders of Denizli, 903 teachers were chosen with quantitative method and 109 of the rest were chosen through qualitative method for the proportional group sampling work. According to the findings of the study, problems based on likert type concerning opinions of primary and secondary school teachers economic problem to agree is "completely agree" and economic problem to face is "always" and economic problem influencing the performance is "very". According to the findings of the study, the most important problems based on likert type concerning opinions of primary and secondary school teachers related the most important economic problem to agree is "the lack of financial aid for children" and about the most important economic problem to face is "insufficient fees for extra hours" and about the most important economic problem influencing the performance is "no satisfying economic opportunities". According to primary and secondary school teachers' opinions our open-ended written poll, the most important economic problem to agree is "insufficient wages" and the most important economic problem to face is home rent, bills, credit card payment" and the most important economic problem influencing the performance is "the income which does not meet the expenditures".

  3. [Policies of economic development and population].

    Science.gov (United States)

    Aleman, J L

    1974-01-01

    This literature review attempts to evaluate critically the theoretical and empirical evidence regarding the relationship between development policies and population and to assess the logical coherence of the principal types of population policy as they relate to economic development. The 1st part, on the relationship between economic development and population growth, consists of 5 sections which discuss: 1) the theories of classical economists including Quesnay, Malthus, Pareto, Marshall, and Pigou; 2) attempts to correlate population growth and economic development in developed countries by Kuznets and in developing countries by Adelman, Weintraub, Heer, Kirk, and others; 3) macroeconomic arguments used to defend aggressive policies of population control, including the scarcity of natural resources, the difficulty of increasing the rates of savings and investment with growing populations, and the disadvantages of rural-urban migration; 4) economic analyses of the desire to limit births which view children as either producer or consumer goods; and 5) the influence of economic development on social structure as it relates to the demand for children. In the 2nd part, 3 principal "ideal types" of population and economic development policy are identified: policies oriented toward growth of the modern sector of the economy, policies oriented toward population control, and policies oriented toward income distribution and education. The assumptions, mode of action, probabilities of success and limitations of each strategy are assessed. It is concluded that neither development of the modern sector alone nor attempts to promote birth control alone are sufficient to curb population growth appreciably. A concentrated policy to develop the most backward sectors of the economy might be the most likely to lead to a significant slowing of population growth but such a policy is unlikely to be tolerated by the wealthier classes in the absence of extreme coercion. A combination of

  4. World Food and Agriculture. Economic Problems and Issues.

    Science.gov (United States)

    Asefa, Sisay, Ed.

    This book contains a series of essays based on public lectures delivered by six agricultural economists during the 1986-1987 academic year at Western Michigan University. Some of the main issues and problems addressed in the essays are the role of technical change in agricultural development, the value of learning from historical and comparative…

  5. Trust, Social Capital and Economic Development

    OpenAIRE

    Francois, P.; Zabojnik, J.

    2003-01-01

    Many argue that elements of a society s norms, culture or social capital are central to understanding its development.However, these notions have been difficult to capture in economic models.Here we argue that trustworthiness is the economically relevant component of a society s culture and hence comprises its social capital.Individuals are trustworthy when they perform actions they have promised, even if these do not maximize their payoffs.The usual focus on incentive structures in motivatin...

  6. Economic Development and "National Competitive Advantage"

    OpenAIRE

    J.T., Goode

    2002-01-01

    Despite the preponderance of economic theory and research which argues to the contrary, the notion that national economies stand in a fundamentally competitive relationship with one another remains surprisingly widespread. In recent years, some of the most influential impetus for this misperception has come from Michael Porter's conceptualization of "the competitive advantage of nations" in relation to economic development and date theory. It is argued that Porter neither proposes nor demonst...

  7. Economics, Area Studies and Human Development

    OpenAIRE

    Ranis, Gustav

    2009-01-01

    This paper suggests that area studies and economics have a better chance to be married successfully if we shift our attention from the exclusive emphasis on economic growth towards improvements in human development, especially the much broadened version of that concept. Different areas are shown to differ substantially in terms of the choices they make among the various independent dimensions of well-being and the various indicators within each dimension. The particular characteristics of eac...

  8. National trade associations, economic development and globalization

    OpenAIRE

    Mehar, Ayub

    2008-01-01

    In the post communism regime, the responsibility of economic development has largely been shifted to private sector. The increasing role of private sector enterprises introduced the new concepts of corporate social responsibility (CSR), democratization in business and finance, corporate culture, fair trade, good governance and economic freedom and participation. The ‘wealth maximization concept’ under the ‘extreme capitalism’, limited liability, separate entity, agency cost, professionalism, ...

  9. Infrastructure development and economic growth in China

    OpenAIRE

    SAHOO, Pravakar; Dash, Ranjan Kumar; Nataraj, Geethanjali

    2010-01-01

    China is the fastest growing country in the world for last few decades and one of the defining features of China's growth has been investment-led growth. China's sustained high economic growth and increased competitiveness in manufacturing has been underpinned by a massive development of physical infrastructure. In this context, we investigate the role of infrastructure in promoting economic growth in China for the period 1975 to 2007. Overall, the results reveal that infrastructure stock, la...

  10. Education and Economic Development in India

    OpenAIRE

    Monojit Chatterji

    2008-01-01

    This brief survey examines the returns to education in India , and then examines the role of education on both economic growth and economic development with particular reference to India. Throughout, the objective is to draw out the implications of the empirical results for education policy. The results suggest that female education is of particular importance in India. They also suggest that perhaps because of the externalities it generates, primary education is more important than might be ...

  11. Neighborhood Energy/Economic Development project

    Energy Technology Data Exchange (ETDEWEB)

    1991-12-31

    Energy costs impact low income communities more than anyone else. Low income residents pay a larger percentage of their incomes for energy costs. In addition, they generally have far less discretionary energy use to eliminate in response to increasing energy prices. Furthermore, with less discretionary income, home energy efficiency improvements are often too expensive. Small neighborhood businesses are in the same situation. Improved efficiency in the use of energy can improve this situation by reducing energy costs for residents and local businesses. More importantly, energy management programs can increase the demand for local goods and services and lead to the creation of new job training and employment opportunities. In this way, neighborhood based energy efficiency programs can support community economic development. The present project, undertaken with the support of the Urban Consortium Energy Task Force, was intended to serve as a demonstration of energy/economic programming at the neighborhood level. The San Francisco Neighborhood Energy/Economic Development (NEED) project was designed to be a visible demonstration of bringing the economic development benefits of energy management home to low-income community members who need it most. To begin, a Community Advisory Committee was established to guide the design of the programs to best meet needs of the community. Subsequently three neighborhood energy/economic development programs were developed: The small business energy assistance program; The youth training and weatherization program; and, The energy review of proposed housing development projects.

  12. Economic Stress, Emotional Quality of Life, and Problem Behavior in Chinese Adolescents with and without Economic Disadvantage

    Science.gov (United States)

    Shek, Daniel T. L.

    2005-01-01

    The relationships between perceived economic stress (current economic hardship and future economic worry) and emotional quality of life (existential well-being, life satisfaction, self-esteem, sense of mastery, psychological morbidity) as well as problem behavior (substance abuse and delinquency) were examined in 1519 Chinese adolescents with and…

  13. Environmental problems and developing countries.

    Science.gov (United States)

    1992-06-01

    The status of environmental conditions for forests, soils, water, air, and atmospheric changes is presented for developing countries. Loss and degradation of forests continue. The rate of cutting of moist tropical forests is 17-20 million hectares/year. The consequences would be eventual total destruction within several generations, lost soil and watershed protection, local climate change, and habitat destruction. The human toll can also be great as seen by the flooding deaths of 5000 Philippine villagers. Soil erosion is a greater danger than desertification. In sub-Saharan Africa, total harvest and yields of important food crops have declined compared to increases elsewhere in the world. In countries such as Costa Rica, Malawi, Mali, and Mexico the soil losses approximate .5-1.5% of gross domestic product annually. Progress has been made in water purification, but there are still nearly 1 million people in the developing world without access to clean water for drinking and bathing. 1.7 billion have inadequate sanitation. Access to sanitation in urban areas is on the rise. Waterborne diseases are a result of poor sanitation: 900 million cases of diarrheal disease/year, 500 million with trachoma, 200 million with schistosomiasis, or bilharzia, and 900 million from hookworm. Other diseases resulting from improper sanitation are cholera, typhoid, and paratyphoid. Water scarcity is another problem. Air quality is threatened by dust and smoke pollution which contribute to respiratory illnesses, by indoor burning of wood and charcoal particularly in rural Africa and south Asia, and high levels of lead from automobile emissions. Hundreds of thousands of people are affected through increased illness and even loss of mental functioning as in the case of lead poisoning. Atmospheric changes such as ozone depletion or global warming may not show their impact until decades later. The consequences are high levels of ultraviolet radiation which cause cancers, cataracts, and

  14. Monetary Policy, Governance and Economic Development

    OpenAIRE

    Michael Chibba

    2007-01-01

    Botswana is at a crossroads, as economic growth has slowed significantly in recent years while social problems remain largely unresolved. Exacerbating this situation is a monetary policy in crisis as over a decade of generally high interest rates have failed to address inflationary pressures. Thus, the Botswana experience challenges generally accepted wisdom on the relationship between interest rates and inflation. The main lessons learned highlight the need for (i) enhancing the knowledge an...

  15. Applied problems of physical education students of economic specialties

    Directory of Open Access Journals (Sweden)

    Dubinskaya O.Y.

    2014-03-01

    Full Text Available Purpose : to analyze the problems of physical education students of economics in the context of professionally applied physical training. Material : analysis of Ukrainian and foreign publications on species means of improving professional-applied physical training of students in higher education. Results : It was found that the state system of physical education students is ineffective. It does not provide psychophysical and professional readiness of graduates for productive activities and later life. The system also needs constant improvement. A new approach to solving the problem of training to learn the adoption of practical importance of physical education. Also the formation of motivation by demonstrating a real need and usefulness of the proposed exercise. Such exercises should be differentiated, taking into account the health status and subsequent career expectations. Conclusion: it is proved that for an efficient system of training is necessary to use popular among students sports. It is also necessary to take into account the interests of students when choosing tools professionally applied physical training.

  16. Essays on economic growth and development

    OpenAIRE

    DAO, Nguyen Thang

    2013-01-01

    This thesis contributes four essays to the theoretical literature of Economic Growth and Development covering issues of environment, optimal taxation, demography, gender inequality, endogenous technological progress, and comparative development in variations of overlapping generations modelling. The first essay addresses tax and transfer policies to conduct a Diamond (1965) overlapping generations economy with environmental externalities to the social optimum through Pareto-improving path. Th...

  17. Economics and Human Resource Development: A Rejoinder

    Science.gov (United States)

    Wang, Greg G.; Swanson, Richard A.

    2008-01-01

    This article focuses on the areas agreement between two recent and seemingly disparate Human Resource Development Review articles by Wang and Swanson (2008) and McLean, Lynham, Azevedo, Lawrence, and Nafukho (2008). The foundational roles of economics in human resource development theory and practice are highlighted as well as the need for…

  18. Economic Deprivation and Early-Childhood Development.

    Science.gov (United States)

    Duncan, Greg J.; And Others

    This study used longitudinal data from the Infant Health and Development Program (IHDP) to examine three issues regarding effects of economic deprivation on child development: (1) the effects on children's developmental outcomes of poverty and such poverty correlates as single parenthood, ethnicity, and maternal education; (2) the developmental…

  19. A Dream Experiment in Development Economics

    Science.gov (United States)

    Singh, Prakarsh; Russo, Alexa

    2013-01-01

    In this article, the authors discuss a unique project carried out by 13 teams of four students each in the undergraduate Development Economics class during the 2012 spring semester at a private liberal arts college. The goal of the "Dream Experiment" was to think of an idea that promotes development, employs concepts from development…

  20. Women Education and Economic Development in Kenya: Implications for Curriculum Development and Implementation Processes

    Science.gov (United States)

    Syomwene, Anne; Kindiki, Jonah Nyaga

    2015-01-01

    This paper is a discussion of the relationship between women education and sustainable economic development in Kenya and its implications for curriculum development and implementation processes. The argument advanced in this paper is that the solution to the development problems in Kenya and other developing nations lies on women education.…

  1. Contribution of Services to Economic Development

    Directory of Open Access Journals (Sweden)

    Laurentiu Tachiciu

    2012-11-01

    Full Text Available Service activities have become the main engine for sustainable development. The share of services in the global economic output is about 70% and their contribution to global employment is about 40%. There are substantial differences between countries and regions of the world in the development of services sector, the share of tertiary activities in both output and employment being higher in strong industrialized economies, but growing rapidly in developing and transition economies as well. As services tend to become essential inputs for every activity, service productivity is a key factor of economic performance not only directly, but also by its multiplier effects spread all over the economy, including manufacturing and agriculture. From a qualitative point of view, services are at the core of transformative processes toward more inclusive societies, reconciliation between economic growth and environment preservation, enhancing knowledge production and improving the exploitation of technological advances, and better governance.

  2. FORMING MANAGEMENT IMPACTS IN AVIATION COMPANIES ECONOMIC DEVELOPMENT ADMINISTRATION SYSTEM

    Directory of Open Access Journals (Sweden)

    Victoria Prokhorova

    2016-06-01

    Full Text Available Purpose: Oriented reflective approach to management involves restructuring of goal, ideal and pragmatic, creating a program of action, organizing, correcting, control the definition of the new strategy. This process is only possible with multidimensional analysis and reflection of all the administrative restructuring process and its elements in determining and planning activities, creating conditions of restructuring, predicting outcomes and consequences of making a choice of ways to solve problems means to achieve the goal of information called ' bonds with participants restructuring process and correction flow management process based on continuous reflection. Methods: Development of the system of economic development now requires the use of mechanisms for continuous monitoring of internal and external environment to identify factors that threaten businesses. Rest of this is possible through the use of diagnostic tests: static analysis, expert diagnosis, linear and dynamic programming. Results: Built as part of the study economic and mathematical models can determine the status and level of economic development potential of aerospace companies that were investigated, confirming the need for action to manage economic development. To develop the mechanism of competition in the aircraft building sector must: implementation in practice of management motivation mechanisms to ensure the appropriate level of interest in the functioning of airlines on the basis of private property; formation of economic market institutions in the field of aircraft construction, affecting the creation of a competitive environment. Discussion: Stipulates that in difficult economic crisis positive results can be achieved managers who are constantly looking for original approaches to inclusion in the development process by aligning internal external opportunities generated by market. It is concluded that aviation business management in times of economic instability or

  3. Urbanization, Economic Development and Environmental Change

    Directory of Open Access Journals (Sweden)

    Shushu Li

    2014-08-01

    Full Text Available This paper applies the pressure-state-response (PSR model to establish environmental quality indices for 30 administrative regions in China from 2003 to 2011 and employs panel data analysis to study the relationships among the urbanization rate, economic development and environmental change. The results reveal a remarkable inverted-U-shaped relationship between the urbanization rate and changes in regional environmental quality; the “turning point” generally appears near an urbanization rate of 60%. In addition, the degree and mode of economic development have significant, but anisotropic effects on the regional environment. Generally, at a higher degree of economic development, the environment will tend to improve, but an extensive economic growth program that simply aims to increase GDP has a clear negative impact on the environment. Overall, the results of this paper not only further confirm the “environmental Kuznets curve hypothesis”, but also expand it in a manner. The analysis in this paper implies that the inverted-U-shaped evolving relationship between environmental quality and economic growth (urbanization is universally applicable.

  4. Photovoltaic Technology: Markets, Economics, and Development

    OpenAIRE

    Erickson, Jon D.; Chapman, Duane

    1993-01-01

    Photovoltaic (PV) electricity has been widely supported as a remote energy source for developing countries. In response, the production and shipment of PV modules has steadily increased throughout the past decade, often marketed through the auspices of technology transfer and financed by international development aid. This paper investigates the motives, economics, and development implications of PVs in rural electrification. The implications of subsidizing a PV market rather than investing i...

  5. The research of economic development law in resourceful city

    Institute of Scientific and Technical Information of China (English)

    LU Shi-chang

    2001-01-01

    The resource advantage of resourceful region has made the region devel op very fast. However because the resource is of exhausting character, this mean s that the region has hidden troubles of economic depression. The paper analyzes the formation of resourceful region and the law of resourceful regions econom i c development, and then the paper brings forward that the resourceful region has a potential danger of economic depression. Considering Chinas economic develo p ment practice, the paper puts forward a basic way of thinking. That is: we must attach importance to the problem of industrial structure when we pay attention t o existing resource advantage in order to avoid the simplification of regional i ndustrial structure and to avoid entering a vicious cycle.

  6. Addressing the Problem of Service Teaching Introductory Economics Subjects

    Science.gov (United States)

    Barrett, Steven

    2005-01-01

    Enrolments in undergraduate economics programs have been falling constantly since the early 1990s. This trend coincides with the increasing popularity of business and management degrees. Consequently, the major activity of many, if not most economics departments and schools in Australia is service teaching of introductory economics to first year…

  7. Economic Growth of a Rapidly Developing Economy: Theoretical Formulation

    Directory of Open Access Journals (Sweden)

    Oleg Sergeyevich Sukharev

    2016-06-01

    Full Text Available The subject matter of the article is the description of economic growth. Modern economy is characterized by a high rate of changes. These changes are the limiting parameters of modern development, which requires a modification of the basic models of growth, the substantiation of the expediency and necessity of a rapid development strategy. In a simple mathematical form, the statement of the problem of economic growth in the “green economy” is examined, in which the costs of environmental measures are not considered a priori as hampering economic development (as it is common for a number of modern neoclassical and neo-Keynesian growth models. The methodological basis of the article are the econometric approach and modelling method. The article has a theoretical character. The main hypothesis supposes that the rapid development strategy cannot make an adequate development strategy under certain conditions, but may be acceptable in other its specific conditions. In this sense, the important growth conditions are the availability of resources, the effectiveness of institutions and the current economic structure, the technological effectiveness of economy, as well as the conditions of technological development (“green economy” and the path of such development. In the article, on the theoretical level of analysis, the substantiation of the adequacy of the rapid development strategy for an economic system is given, whose goal is to achieve the standard of living of the countryleader. Based on the assumptions introduced, the period for which the rapid development strategy might be implemented and the economic lag of the country might be reduced from the country-leader is determined. The conditions that ensure the impact of innovations on the rate of economic development are summarized. The introduced range of dependencies and relations can be useful for the elaboration of the theory of innovation development and for the formation of a new

  8. Facilitating Economic Development through Strategic Alliances.

    Science.gov (United States)

    Noftsinger, John B., Jr.

    2002-01-01

    Discusses how colleges and universities are becoming increasingly involved in economic development, with the formation of strategic alliances that have led to programs that benefit business and higher education. Discusses example programs from the Valley of Virginia Partnership for Education, and the outreach program of James Madison University.…

  9. Local Economic Development Debates in South Africa

    OpenAIRE

    Bond, Patrick

    2002-01-01

    This report discusses Local Economic Development (LED) in South Africa, specifically questions regarding the meaning of LED -- what a 'pro-poor' LED consists of in South Africa, and how residual anti-poor strategies are followed up with a globalized context. It is important to connect LED to globalization since it has pushed local municipalities to become more entreprenurial.

  10. Economic development, growth, institutions and geography

    NARCIS (Netherlands)

    Bhupatiraju, S.; Verspagen, B.

    2013-01-01

    In this paper, we test the Rodrik et al (2004) framework to explain differences in development levels across countries by using a broader set of definitions for institutions, geography and economic variables. We use a multi-faceted database to measure institutions in an attempt to go beyond the sing

  11. Inequality and Economic Development in Brazil

    OpenAIRE

    World Bank

    2004-01-01

    This study addresses three questions : why do inequalities matter for Brazil's development? Why does Brazil occupy a position of very high inequality in the international community? And, What should public policy do about it? Excessive income inequality is unfair, and undesirable on ethical grounds, and can bring adverse effects on economic growth, health outcomes, social cohesion, and cri...

  12. Economic development and the geography of institutions

    NARCIS (Netherlands)

    Bosker, E.M.; Garretsen, J.H.

    2009-01-01

    To explain cross-country income differences, research has recently focused on the so-called deep determinants of economic development, notably institutions and geography. This article shows that it is not only absolute geography, in terms of for instance climate or being landlocked, but also relativ

  13. Culture and economic development in Europe

    NARCIS (Netherlands)

    Beugelsdijk, S.

    2003-01-01

    The dissertation consists of a collection of papers on the relationship between culture and economic development in mainly western European regions. Data sources like the EVS make it possible to measure culture. This allows the author to operationalise concepts like social capital and empirically ex

  14. Information Technology: Key to Economic Development

    Institute of Scientific and Technical Information of China (English)

    2004-01-01

    THE spread of SARS in China during the first half of 2003 focused world concern on Chinese economic development. The Chinese economy indeed suffered; in the first five months of the year Zhejiang Province’s industrial revenue slid, but recovered in the latter half of the year. From January to November, 2003, Zhejiang industry

  15. Engineering Research in Irish Economic Development

    Science.gov (United States)

    Kelly, John

    2011-01-01

    This article summarizes the main findings and recommendations of a report published in December 2010 by the Irish Academy of Engineering (IAE). The report, representing the views of a committee of distinguished Irish engineers from a wide range of disciplines, addresses the role of engineering research in Ireland's economic development and the…

  16. Problems in the design and development of 750 MW turbogenerators

    CERN Document Server

    Anempodistov, V P; Urusov, I D; Fry, D W; Higinbotham, W

    1963-01-01

    Problems in the Design and Development of 750 MW Turbo-Generators covers selected problems mainly related to projected machines in the development of turbo-generators. This book describes the main lines of research at the Electromechanics Institute of the U.S.S.R. Academy of Sciences.This book is divided into six chapters and begins with an overview of the progress in the generation of electricity along with the rapid economic development of the U.S.S.R. The succeeding chapter deals with the use of efficient cooling system of the winding copper to address the problem of electrical machine's un

  17. The Relationship between Credit Market Development and Economic Growth

    Directory of Open Access Journals (Sweden)

    Antonios Adamopoulos

    2010-01-01

    Full Text Available Problem statement: This study investigated the relationship between credit market development and economic growth for Spain for the period 1976-2007 using a Vector Error Correction Model (VECM. Questions were raised whether economic growth spurs credit market development taking into account the negative effect of inflation rate and investments on credit market development. This study aimed to investigate the short-run and the long-run relationship between bank lending, gross domestic product and inflation rate applying the Johansen cointegration analysis. Approach: To achieve this objective classical and panel unit root tests were carried out for all time series data in their levels and their first differences. Johansen cointegration analysis was applied to examine whether the variables are cointegrated of the same order taking into account the maximum eigenvalues and trace statistics tests. Finally, a vector error correction model was selected to investigate the long-run relationship between economic growth and credit market development. Results: A short-run increase of economic growth per 1% induced an increase of bank lending 0.08%, while an increase of inflation rate per 1% induced a relative decrease of bank lending per 0.56% and also an increase of investments rate per 1% induced an increase of bank credits per 0.18% in Spain. The estimated coefficient of error correction term was statistically significant and had a negative sign, which confirmed that there was not any a problem in the long-run equilibrium between the examined variables. Conclusion: The empirical results indicated that economic growth and investment have a positive effect on credit market development, while inflation rate has a negative effect. Bank development was determined by the size of bank lending directed to private sector at times of low inflation rates leading to higher economic growth rates.

  18. Road Transport System in Southeast Asia; Problems and Economic Solutions

    Directory of Open Access Journals (Sweden)

    Sara Kaffashi

    2016-04-01

    Full Text Available In Southeast Asian countries (SEA, road transport accounts for the main energy consumption and CO2 emission. Air pollution is a major concern in densely populated cities such as Bangkok, Manila, and Kuala Lumpur. The main objective of this paper is to give insights on trends of transport development, car ownership, and CO2 emissions in Southeast Asia. This study also attempts to review the successful transportation policies around the globe and to introduce the possible instruments that can help reduce air pollution in Southeast Asian countries. Economic instruments to estimate the benefits of a cleaner environment due to new policies are introduced as well. The results of this research could help policy makers consider approaches that could internalize external costs of transportation and maximize the societal welfare.

  19. Sri Lanka; Recent Economic and Policy Developments

    OpenAIRE

    International Monetary Fund

    1999-01-01

    This paper reviews economic and policy developments in Sri Lanka during 1996–98. Despite the slowdown in world trade and economic growth, Sri Lanka’s economy grew in 1998 at close to its historic average rate. The recorded 4¾ percent growth in real GDP was lower than 1997 when the economy was recovering after a bad harvest. In the first twelve months following the outbreak of the Southeast Asian crisis, Sri Lanka was helped by reduced export competition and lower commodity prices. But by...

  20. SCIENTIFIC AND THEORETICAL BASIS OF THE ECONOMIC DEVELOPMENT

    OpenAIRE

    Гвоздецька, Ірина Василівна

    2016-01-01

    The article reveals the concept of "economic development", "growth", "and cyclical economic growth." The approaches to the study of these economic categories of foreign and Ukrainian scientists and the evolution of defining the notion of "economic development." are analysed. The existing interpretation of economic development through the use of conventional interpretation is summarised. The points of the categories "economic development" and "growth" are distinguished. Development is a key ph...

  1. VIRTUE ETHICS - NEW COORDINATES FOR ECONOMIC DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    PUP ANCA

    2010-12-01

    Full Text Available Operating with business ethic we meet, some ethical systems, some of them developed in Antiquity, that still have a great influence upon economics development. One of these is the ethics of virtue. The aim of this paper work is to focus upon the one ethical system virtue ethics and to illustrate his influence in economical field, offering a new coordination in this direction. We understand the importance of the human character for a successful leadership and management. Recent ethical dilemmas illustrate us how a vicious character has an influence not only to the possessor of that type of character but also to the entire community where he develop his activities. For a comprehensive understanding I expose a briefly review on virtue ethics as it was developed by Plato and Aristotle, ant its new coordination and influence upon our contemporaneous economy, illustrated by some examples.

  2. Developing Creativity through Collaborative Problem Solving

    Science.gov (United States)

    Albert, Lillie R.; Kim, Rina

    2013-01-01

    This paper discusses an alternative approach for developing problem solving experiences for students. The major argument is that students can develop their creativity by engaging in collaborative problem solving activities in which they apply a variety of mathematical methods creatively to solve problems. The argument is supported by: considering…

  3. Individualism-Collectivism, Governance and Economic Development

    OpenAIRE

    Kyriacou, Andreas

    2015-01-01

    While an individualist society prizes personal control, autonomy and individual accomplishments, a collectivist society puts a premium on loyalty and cohesion and imposes mutual obligations in the context of in-groups. It has been argued that individualism will promote economic development directly by sharpening individual incentives to invest, innovate and accumulate wealth. In this article, I argue that the individualist-collectivist dimension can also affect development through its impact ...

  4. Land Policy and Economic Development in Lithuania

    OpenAIRE

    Natalija Kazlauskiene; William H. Meyers

    1996-01-01

    Land reform and asset privatization are essential to the transformation of agriculture from a state controlled to privately operated sector and to its future development in a market oriented economy. Although these are necessary conditions for economic development under a market oriented regime, they are not sufficient conditions. In this paper we review the progress achieved in farm restructuring through land reform and asset privatization and the impacts of this restructuring on the structu...

  5. The Strategic Use of Capacity Slack in the Economic Lot Scheduling Problem with Random Demand

    OpenAIRE

    Karla E. Bourland; Candace A. Yano

    1994-01-01

    Growing interest in designing systems with capacity slack as one form of flexibility raises many questions about its use and its usefulness. In the framework of the economic lot scheduling problem with stochastic demand, we develop on optimization-based model that considers capacity slack, safety stock, and overtime explicitly, and has the objective of minimizing the expected cost per unit time of inventory, overtime, and, where applicable, setup costs. The solution is a continuous-time produ...

  6. Organisational Problems in Planning Educational Development.

    Science.gov (United States)

    Organisation for Economic Cooperation and Development, Paris (France). Directorate for Scientific Affairs.

    Papers submitted to a meeting of economists, educators, and government officials discuss the organizational implications of the link between education and economic growth. Following an introduction by Henning Friis, the authors and titles of the papers are (1) Necat Erder, "Some Administrative Problems in Educational Planning," (2) Raymond…

  7. 24 CFR 598.615 - Economic development standards.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 3 2010-04-01 2010-04-01 false Economic development standards. 598... DESIGNATIONS Empowerment Zone Grants § 598.615 Economic development standards. (a) Economic development... the planned use of HUD EZ Grant Funds must meet one of the following economic development...

  8. 13 CFR 120.862 - Other economic development objectives.

    Science.gov (United States)

    2010-01-01

    ... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Other economic development... LOANS Development Company Loan Program (504) Project Economic Development Goals § 120.862 Other economic... meet the specified economic development objective. (a) Community Development goals: (1)...

  9. Economic Development Achievements, Problems and Countermeasures of Hong Kong after the Return%回归后香港经济发展的成就、问题与对策

    Institute of Scientific and Technical Information of China (English)

    陈广汉; 张光南; 卢扬帆

    2012-01-01

    Since it returned to China, the economic growth of Hong Kong has gone through three great fluctuations but still maintained an overall upward trend. The implementation of CEPA enhances Hong Kong status as an international center of financial, trade and shipping. Hong Kong still plays an important role in the opening of Mainland China, however, some long-established and deep-seated problems, such as the lack of motivation in industrial transformation and upgrading, the slowing-down trend of economic growth and problems caused by wider income gap as well as the housing issue, remain unsolved.%香港回归以来经济增长经历了三次较大波动,但总体呈增长态势。CEPA实施为香港经济注入新的活力,但是,其经济发展中长期形成的深层次问题并没有解决,某些民生问题日益突出。

  10. ECONOMIC GROWTH – COSTS AND DEVELOPMENT DISCREPANCES

    OpenAIRE

    Ion Bucur

    2007-01-01

    The economic growth shows an ascending tendency of the economic evolution over a long period of time, having favorable social and economic effects. Each economic growth factor acts simultaneous trough three dimensions.

  11. Strategies for environmentally sound economic development

    International Nuclear Information System (INIS)

    This paper reports that it has been estimated that the burning of fossil fuels and the clearing of forests account for 6-7 billion tons of carbon emissions each year. Combustion also results in significant emissions of sulfur oxides and nitrogen oxides. While the growth in the use of fuels has slowed considerably in the developed regions of North America, western Europe, and Japan over the past decade, pressure for increased energy use and the clearing of forests can be expected with even moderate economic and population growth in the developing regions of Asia, Africa, and Latin America. Researchers at the Institute for Economic Analysis have begun the formulation and analysis of alternative scenarios describing environmentally sound economic development over the next 50 years. These scenarios include activities aimed at improving the standards of living in developing countries while reducing emissions of the aforementioned gases or removing carbon from the atmosphere. Specific alternatives include tropical forestation; the adoption of relatively clean and efficient boilers, especially for the production of electricity in developing countries, as well as greater use of cogeneration systems and hydroelectricity; alternative transportation strategies; and conservation of energy in households of rich and middle-income countries (e.g., efficient lighting fixtures, appliances, and cooling equipment)

  12. Green economic growth premise for sustainable development

    Directory of Open Access Journals (Sweden)

    Carmen Lenuţa TRICĂ

    2013-01-01

    Full Text Available Accelerating the global issues such as natural resource depletion, damage to the natural environment, economic and financial crises and consumption growth led to the shift of the development paradigm from consumption to sustainable development and recognition of the new path, namely green economy.At the European level a number of international organizations discussed issues of transition to green economy (EC, UNEP, OECD. In 2008, UNEP launched “Green Economy Initiative to Get the Global Markets Back to Work”, aiming to mobilize and re-focuse the global economy towards.This is the twin challenge of moving towards a green economy: radically reducing the footprint of developed countries, while simultaneously raising levels of social and material well being in developing countries.Without public intervention, the related market failures (i.e. market prices that do not fully reflect the environmental degradation generated by economic activity may delay or even prevent the development of environmentally-friendly technologies.Furthermore, in sectors such as electricity, network effects arising from existing infrastructures create additional barriers to the adoption of alternative sources of power, further hampering incentives to invest in new technologies.Given that the transition to a green economy requires increasing of investment in economic sectors that contribute to enhancing of natural capital and reduce environmental risks, we intend to analyze the main measures taken by Romania to ensure transition to green economy.

  13. GA and PSO culled hybrid technique for economic dispatch problem with prohibited operating zones

    Institute of Scientific and Technical Information of China (English)

    SUDHAKARAN M.; AJAY-D-VIMALRAJ P.; PALANIVELU T.G.

    2007-01-01

    This paper presents an efficient and reliable genetic algorithm (GA) based particle swarm optimization (PSO) technique (hybrid GAPSO) for solving the economic dispatch (ED) problem in power systems. The non-linear characteristics of the generators, such as prohibited operating zones, ramp rate limits and non-smooth cost functions of the practical generator operation are considered. The proposed hybrid algorithm is demonstrated for three different systems and the performance is compared with the GA and PSO in terms of solution quality and computation efficiency. Comparison of results proved that the proposed algorithm can obtain higher quality solutions efficiently in ED problems. A comprehensive software package is developed using MATLAB.

  14. Energy needs for the economic development of developing countries: Present status and trends

    International Nuclear Information System (INIS)

    The general framework for the assessment of the energy needs for economic development is presented and major indicators for the relations between economic growth and energy demand in developing countries are analysed. More than 70% of the population in the developing countries live in rural areas and around 40% of the total energy consumption is provided by non-commercial firewood. The present rural-urban disparity in energy consumption and economic status and the 'firewood crisis' are therefore matters of specific concern for a sustainable development. In general electricity generation and industrial development are at the core of economic development. Specific constraints are the dispersed contribution of the industrial sector to total energy consumption and the very low total and per head electricity consumption of all developing countries. Consequently the energy and electricity demand of the developing countries has to grow much faster compared with industrialized countries in order to ensure a sustainable socio-economic North-South relationship. On the other hand, there are certain signs that the industrialized countries, taken together, have already reached energy consumption levels which are adequate to ensure the long term socio-economic development envisaged. The most difficult problem, however, is to translate the present complex situation into realistic future trends and to quantify the energy demand for a period beyond the turn of the century. A possible framework for more detailed studies and for a general orientation of future energy demand for economic development in developing countries is discussed. (author). 17 refs, 8 figs, 10 tabs

  15. The Financial Crisis and the Death (or Hegemony) of Development Economics

    Science.gov (United States)

    Rajan, Raghuram

    2010-01-01

    "Development economics" was the study of how to create the plumbing that would allow developing economies to become developed. The financial crisis leads us to question whether industrialized countries have the plumbing problem solved and thus leads us to question whether we need a development economics that is separate from macroeconomics.…

  16. Education - the key to economic development

    Directory of Open Access Journals (Sweden)

    Andreea G. BURDUF

    2014-04-01

    Full Text Available Starting from the question if higher education is enough to have success, I want to analyze the impact of years spent in school and university on adults. Good results in school translate into business success? A person with completed studies can be a skilled specialist who has mastered the field, but sentenced only to professional competence. More difficult is to put into practice, develop their skills alone, to adapt to the changing market demands, and that theoretical courses during the school could not provide. Teachers are not prophets, whether they are teachers of economics or they study economic cycles. Will knowledge acquired during studies help the good of the economy, its sustainable development?

  17. Education and Economic Development: Evidence from China

    OpenAIRE

    Shuanglin Lin

    1997-01-01

    Evidence from thirty Chinese provinces indicates that education is crucial for economic development. Provinces with the higher average years of schooling in the intial year have higher growth rates of real per capita GDP in the subsequent year. Provinces with higher literacy rates and higher average years of schooling in the initial year experienced a faster decline of the employment share of agriculture in the subsequent year than provinces with lower literacy rates and lower average years o...

  18. Three Essays on Environmental and Development Economics

    OpenAIRE

    Chong, Howard G.

    2011-01-01

    This dissertation emcompasses three empirical studies in environmental and development economics. In Chapter 1, I study whether electricity use in newer or older residential buildings rises more in response to high temperature in a region of Southern California. Peak electricity demand occurs at the highest temperatures which are predicted to increase due to climate change. Understanding how newer buildings differ from older buildings improves forecasts of how peak electricity use will grow o...

  19. Organic farming in Latvia: development and economics

    OpenAIRE

    Melece, Ligita; Prauliņš, Artūrs; Popluga, Dina

    2009-01-01

    Organic agriculture plays an important role in the sustainable and environment-friendly agricultural production. The authors paper analyse the development and economic is¬sues of organic farming in Latvia. The primary information on organic farming in Latvia regarding the trends, the number of farms and land use, support payments as well as a short description of the structure of organic farming are provided. The influence of Latvia’s accession to the European Union on the organic farming dev...

  20. LOCAL BUDGET PROCESS AND LOCAL ECONOMIC DEVELOPMENT

    OpenAIRE

    Cristinel Ichim

    2009-01-01

    The local budget process is in close connection with the economic development of the territorial-administrative units, firstly because the former implies the collection of budget revenues based on which local authorities provide public services to citizens and ensure the provision of such services by third parties. Also, through the implementation of expenditure, local government creates and maintains a favorable climate for local citizens and local traders for them to thrive and stimulates t...

  1. Industrial pollution in economic development: Kuznets revisited

    OpenAIRE

    Hettige, Hemamala; Mani, Muthukumara; Wheeler, David

    1998-01-01

    Using new international data, the authors test for an inverse U-shaped, or"Kuznets,"relationship between industrial water pollution and economic development. They measure the effect of income growth on three proximate determinants of pollution: the share of manufacturing in total output, the sectoral composition of manufacturing, and the intensity (per unit of output) of industrial pollution at the"end of pipe."They find that the manufacturing share of output follows a Kuznets-type trajectory...

  2. Essays on universities and economic development

    OpenAIRE

    García Estévez, Javier

    2013-01-01

    This dissertation seeks to contribute to a better understanding of the roles that universities currently play in economic development. This topic is particularly relevant in the current situation, in the aftermath of the world financial crisis, when the leading industrial nations are increasing their support for universities and for scientific research in particular (Hughes and Mina, 2012). The main questions that this dissertation will deal with are therefore the following: How do universiti...

  3. YOUNG ENTREPRENEURS - PROMOTERS OF ECONOMIC DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Florentina-Georgiana, COJOCARU

    2014-11-01

    Full Text Available Entrepreneurship in Romania is no longer an unfamiliar concept, but we can assert that it is a journey full of obstacles. Bureaucracy, the lack of fiscal predictability as well as the absence of an entrepreneurial culture often lead entrepreneurs to bankruptcy. A country develops itself with the help of strong economic policies dictated by the economic environment and not by the political one. The entrepreneur's policy is to make profit which has significant effects in all areas: social, educational, economic. Sustaining entrepreneurship is a solution to be taken into consideration for weighting youth unemployment, given the level reached in the second quarter of 2014 of 23.90%. This article aims to capture aspects of the current situation of entrepreneurship in Romania among young people. Based on data collected, we will analyze the unemployment rate among young people at education level and county-level compared to the number of companies founded by students, with the rate of workforce occupancy. The contribution of young entrepreneurs to economic growth can be achieved in two phases, as more companies are founded, number of employees increases, as a consequence, more young people will become entrepreneurs, so the unemployment rate among them will thus decrease.

  4. Economic development, climate and values: making policy.

    Science.gov (United States)

    Stern, Nicholas

    2015-08-01

    The two defining challenges of this century are overcoming poverty and managing the risks of climate change. Over the past 10 years, we have learned much about how to tackle them together from ideas on economic development and public policy. My own work in these areas over four decades as an academic and as a policy adviser in universities and international financial institutions has focused on how the investment environment and the empowerment of people can change lives and livelihoods. The application of insights from economic development and public policy to climate change requires rigorous analysis of issues such as discounting, modelling the risks of unmanaged climate change, climate policy targets and estimates of the costs of mitigation. The latest research and results show that the case for avoiding the risks of dangerous climate change through the transition to low-carbon economic development and growth is still stronger than when the Stern Review was published. This is partly because of evidence that some of the impacts of climate change are happening more quickly than originally expected, and because of remarkable advances in technologies, such as solar power. Nevertheless, significant hurdles remain in securing the international cooperation required to avoid dangerous climate change, not least because of disagreements and misunderstandings about key issues, such as ethics and equity.

  5. The Ramakrishna Mission economic PV development initiative

    Energy Technology Data Exchange (ETDEWEB)

    Stone, J.L.; Ullal, H.S. [National Renewable Energy Lab., Golden, CO (United States); Sherring, C. [Sherring Energy Associates, Princeton, NJ (United States)

    1998-09-01

    India is the world`s second most populous country, quickly approaching one billion persons. Although it has a well-developed electricity grid, many of the people have little or no access to electricity and all of the benefits associated with it. There are areas that are isolated from the grid and will not be connected for many years, if ever. One such area is the Sundarbans located in the delta region of the two great rivers, the Ganges and Brahmaputra, partially in India and partially in Bangladesh. It is estimated that 1.5 million people live in this area, crisscrossed by many islands and rivers, who have only marginal supplies of electricity generated primarily from diesel generators and batteries. Working with the regional non-governmental organization (NGO), the Ramakrishna Mission, and the West Bengal Renewable Energy Development Agency, the governments of India and the US initiated a rural electrification initiative to demonstrate the economic and technical feasibility of photovoltaics to provide limited supplies of electricity for such applications as solar home lighting systems (SHS), water pumping, vaccine refrigeration, communications, and economic development activities. This paper details initial results from approximately 30 kilowatts of PV systems installed in the area, including socio-economic impacts and technical performance.

  6. Economic development, climate and values: making policy.

    Science.gov (United States)

    Stern, Nicholas

    2015-08-01

    The two defining challenges of this century are overcoming poverty and managing the risks of climate change. Over the past 10 years, we have learned much about how to tackle them together from ideas on economic development and public policy. My own work in these areas over four decades as an academic and as a policy adviser in universities and international financial institutions has focused on how the investment environment and the empowerment of people can change lives and livelihoods. The application of insights from economic development and public policy to climate change requires rigorous analysis of issues such as discounting, modelling the risks of unmanaged climate change, climate policy targets and estimates of the costs of mitigation. The latest research and results show that the case for avoiding the risks of dangerous climate change through the transition to low-carbon economic development and growth is still stronger than when the Stern Review was published. This is partly because of evidence that some of the impacts of climate change are happening more quickly than originally expected, and because of remarkable advances in technologies, such as solar power. Nevertheless, significant hurdles remain in securing the international cooperation required to avoid dangerous climate change, not least because of disagreements and misunderstandings about key issues, such as ethics and equity. PMID:26203007

  7. Labor markets and economic development in Malaysia.

    Science.gov (United States)

    Smith, J P

    1991-01-01

    A researcher analyzed data on male workers from 1262 households from Peninsular Malaysia (1976-1977 Malaysian Family Life Survey) to identify the leading effects of economic development for earnings and employment patterns within labor markets. All 3 major ethnic groups in Malaysia profited from the increasing levels of real income over time. The relative income of ethnic Malays, the poorest socioeconomic class, increased more so than the Chinese and Indians. Yet the income of Chinese was 108% higher than Malays and that of Indians was 60%. The difference between Malays and Chinese grew considerably as men aged. Further economic growth resulted in higher earnings for young men than for older men. In addition, the more educated men were the higher their earnings. In fact, education was the most significant determinant of time related growth in incomes. Further, income of men who participated in job training programs grew 2 times as fast than that of men who did not participate in job training programs. Lastly, economic growth increased earnings of men in urban areas more so than those in rural areas. Malaysia had put a lot of time and resources in research and development in rubber and rice production which has resulted in continual introduction of new varieties of rubber trees and rice. These new varieties have increased production considerably. In conclusion, Malaysia was able to experience economic growth because it invested in education and job training for male workers and in research and development to advance production of its 2 most important commodities--rubber and rice.

  8. E-Learning and Economic Development

    Directory of Open Access Journals (Sweden)

    Kelly CAREY

    2005-01-01

    Full Text Available E-Learning and Economic Development Kelly CAREY West Valley College Saratoga, CA, USA Stanko BLATNIK Institute for Symbolic Analysis and Development of Information Technologies Velenje, SLOVENIA ABSTRACT In this article, our experience in the development and realization of e-Learning courses in Slovenia is described and discussed. Slovenia, the most developed republic of former Yugoslavia, became an EU member in May 2004. In 1991, after its independence from Yugoslavia, Slovenia’s transition to a free market economy resulted in lost jobs and an unemployment rate of 12%. In 1999, as the Institute for Symbolic Analysis and Development of Information Technologies, located in Velenje, Slovenia, we decided to offer several online courses to help unemployed people gain the skills and knowledge needed for employability in information technology. We drew on our previous experience teaching online courses at Sarajevo University after the Bosnian war and on the experience of West Valley College from Saratoga, Silicon Valley in e-Learning. Over the last four years, we organized and delivered e-Learning courses in digital media design and production, with good results. Several students found jobs and changed their perception and attitude as they became more self-confident. We believe e-Learning can efficiently enhance lifelong learning and support economic development, especially in new member countries transitioning from former socialistic to free market economies.

  9. Finance, growth and human development: An Islamic economic development perspective

    OpenAIRE

    Uddin, Md Akther; Masih, Mansur

    2015-01-01

    In a growing body of literature, importance of financial sector development and growth on human development has been emphasized but so far little empirical evidence to support this. Islam is a progrowth religion but the concept of development in Islam is multidimensional, understanding the relationship between finance, growth and human development would help us better explain and develop a sustainable pro-Islamic economic growth model, which would help eradicate mass poverty, income inequalit...

  10. Home economics in development through action research

    DEFF Research Database (Denmark)

    Benn, Jette

    2010-01-01

    This research study aimed at describing and developing home economics education through an action research approach in 2 schools and classes grade 6. The study went through 3 phases, an explorative phase with preliminary observations, interviews and discussions with teachers and pupils. Next...... in discursive phase changes have been implemented and conducted in accordance with findings. Third phase the explicative phase results were translated into text books for pupil's grade 4 to7 and to a teachers' guide. The subject is analysed theoretical through a model of the subject and research field. Findings...... and suggestions were discussed in relation to theories of learning, education and home economics. The overall perspectives were to involve pupils, to make them responsible by active and critical participation, and lastly to evaluate education in different ways....

  11. Responsiveness of the MENA Economic Growth to the EU Financial Integration: A Problem Evaluation

    Directory of Open Access Journals (Sweden)

    Seyed Komail Tayebi

    2011-01-01

    Full Text Available Implementing a currency union may lead members to face financial crisis if their financial markets are not ready to adopt themselves to a new situation. There are still problems like ownership concentration and self-governing states cause limitation in economic growth, financial development, and the ability of a country to take advantage of financial integration. The evidence is that the proportion of global financial flows dedicated to the low- and middle-income developing economies, decreased after the Asian crisis of 1997-98 (Das, 2006. These problems explain why the impact of financial integration has been limited and why it can lead to capital flight and financial crises. In this study, we develop an analytical framework of economic growth and assessing special and differential treatment of currency union (a subject of financial integration members (like the EU and apply this framework to MENA countries. We propose specifically that one can evaluate the "average" impact of the currency union membership on growth of the countries. It reveals the fact that the routine program evaluation can be for all the EU and MENA members. We will call this treated or untreated, respectively. Next, we predict such outcomes for a group of countries based on matching of their characteristics. Hence we use the matching method to make a relationship between a response variable (economic growth and a treatment variable (financial integration experimentally in the economies of the EU and MENA.

  12. Human Development Report 1996: Economic Growth and Human Development

    OpenAIRE

    United Nations Development Programme, UNDP

    1996-01-01

    The Report argues that economic growth, if not properly managed, can be jobless, voiceless, ruthless, rootless and futureless, and thus detrimental to human development. The quality of growth is therefore as important as its quantity for poverty reduction, human development and sustainability.

  13. Aid Fuels Faster Socio-Economic Development

    Institute of Scientific and Technical Information of China (English)

    2005-01-01

    In the past 40 years since the founding of the Tibet Autonomous Region, the area has developed at an extraordinarily fast rate. All this has taken place with the strong support of the Central Government and various fraternal provinces and municipalities directly under the Central Government. Blind to the situation, however, the 14th Dalai Lama and his clique, last April,again dished up the so-called Intemational Development Project in Tibet and Guidelines for Sustainable Development (hereinafter referred to as the Guidelines). The proposal contains lies and distorted facts,negating the great achievements in the social and economic development in Tibet, openly attacking national aid to the region and rejecting the idea of the Tibetan people accepting the socialist system.

  14. IMPORTANCE OF SUSTAINABLE TOURISM DEVELOPMENT IN TERMS OF ECONOMIC DEVELOPMENT

    OpenAIRE

    BRANKICA TODOROVIC

    2015-01-01

    The quality of tourist resources and tourist products, competitive ability and positioning of the destinations in the tourist market affect the economic development of the national economy. Natural resources are key, but under-utilized resources necessary for the tourism development, whereby reaching the level where the key development resources are on the verge of carrying capacities, thus making the model structure of the future development to be a significant contribution in searching the ...

  15. Economic Geography and Economic Development in Sub-Saharan Africa

    NARCIS (Netherlands)

    Bosker, Maarten; Garretsen, Harry

    2012-01-01

    Sub-Saharan Africas (SSA) physical geography is often blamed for its poor economic performance. A countrys geographical location does, however, not only determine its agricultural conditions or disease environment. It also pins down a countrys relative position vis--vis other countries, affecting it

  16. Model developed for economic gas dispatch

    International Nuclear Information System (INIS)

    Essex County Gas Co. is using at new, highly efficient approach to simulate the daily economic dispatch of gas supplies to meet market requirements under FERC Order 636. Although sophisticated in its design, the modeling environment permits straightforward model construction with richly detailed components that can be readily changed as needed by gas utility personnel after only a short training period. It provides a mechanism for very detailed simulation of the market and supply balances governing LDC operations. The model serves as Essex County Gas' primary what if? tool for testing the operational and economic consequences of a wide variety of supply and demand-side-management alternatives. The model, developed by consultant E.J. Curtis, is driven by Effective Heating Degree-Day daily weather patterns, such as design, normal, warm and extreme. The model is driven by weather patterns input as time series, so other independent variables such as general inflation factors, energy cost projections and economic model results can also be input as time-series data. Alternatively, detailed submodels for such components can be imbedded within the model to automatically generate this information. It incorporates supply and market simulation elements, permitting ready adaptation for use not only in conventional supply planning but also integrated resource management. Comparative 'what if?' cases can be run with specific demand-side management initiatives toggled on and off

  17. Problems of economic security in Russian transportation and intermediate carrier infrastructure

    Directory of Open Access Journals (Sweden)

    Valeriy Anatol'evich Tsvetkov

    2012-03-01

    Full Text Available This paper reviews the basic problems of economic security in infrastructural ensuring of the implementation of transportation and intermediate carrier potential of Russia: development and reconstruction of communication lines, usage of innovative transportation methods, building a network of transportation and logistics centers, development of regional airport hubs and others. Particular attention is paid to the problems of transportation and transit potential implementation of Siberia and the Far East. It is shown that the increase of transit facilities in the territory of Russia takes place in a competitive market of infrastructure projects. At the same time it is emphasized that along with exhausting the possibilities of commodity economy development, a natural competitive advantage of Russia as a transport bridge between Europe, Asia and America will be implemented in full force.

  18. Wealth and well-being, economic growth, and integral development.

    Science.gov (United States)

    Bunge, Mario

    2012-01-01

    This essay tackles a bimillenary problem in psychology, ethics, economics, and political philosophy: that of the relations between wealth and well-being. What are they, and should we live for pleasure, or rather seek to live a full and useful life? This is the ancient dilemma between hedonism, the cult of pleasure, and eudemonism, the search for a good life. Economists, almost without exception, have opted for hedonism, but they have not found out what percentage of the goods that ordinary people want are not merchandises. This gap is currently being filled by psychologists, sociologists, socioeconomists, and other workers in the new "science of happiness". Their main finding, that happiness is not for sale, might surprise the orthodox economists. On the social level, the former problem, concerning individuals, gets translated into the question of national development: what kind of development should we seek, and for whom? In particular, should economic growth be prioritized, or should we promote the simultaneous development of all sectors of society, including the political and cultural? In either case, should development benefit the chosen few or everybody? And should it enhance the well-being of the individual and make that of her offspring possible? This problem, of course, lies at the intersection of three sciences--psychology, economics, and political science--and two chapters of philosophy--ethics and political philosophy. Consequently, anyone daring to propose original solutions to the problem in question will risk being criticized by experts distributed among these five fields, who are not used to talking to one another. PMID:22403910

  19. Population and Economic Growth in Developing Countries

    Directory of Open Access Journals (Sweden)

    Minh Quang Dao

    2012-01-01

    Full Text Available This paper examines the economic effects of the demographic transition in developing countries. Based on data from the World Bank and using a sample of forty-three developing economies, we find that the growth rate of per capita GDP is linearly dependent upon population growth, both the young and old dependency ratios, the mortality rate, and whether or not the rate of population growth is less than 1.2 percent per year. Using interaction variables in light of the severe degree of multicollinearity among explanatory variables, we find that per capita GDP growth linearly depends on population growth, the old dependency ratio, the mortality rate, and the interactions between population growth and both the young and old dependency ratios, between population growth and whether or not the rate of population growth is less than 1.2 percent per year, and the interaction term between the young dependency ratio and whether or not the rate of population growth is less than 1.2 percent per year. Statistical results of such an empirical examination will assist governments in devising policies aimed at influencing the economic effects of the demographic transition. Data for all variables are from the 2010 World Development Indicators. We apply the least-squares estimation technique in a multivariate linear regression. We also test for the nonlinear effect of population growth on economic growth and note that the introduction of interaction terms between population growth and dependency ratios as well as those between whether or not the population growth rate is less than 1.2 percent and population growth and the young dependency ratio yields better statistical results.

  20. Between fiscal discipline and economic recovery. The solutions problem

    Directory of Open Access Journals (Sweden)

    Anca Maria GHERMAN

    2013-11-01

    Full Text Available In this study we proposed a comparative analysis of the effect of the measures taken in seven European countries, which were aimed the fiscal consolidation, in correlation with monetary policy and economic recovery. The selected countries have been systematized into two groups: first group includes states that have signed agreements with international financial institutions (Romania, Ireland, Greece and Portugal and the second group contains countries which, even if not directly assisted in the international funding programs, have take a several adjustment measures (Italy, Spain and France. In the same time, we keep in mind during the analysis the trade-off between fiscal discipline and sustainable economic recovery.

  1. An efficient technique to solve combined economic and emission dispatch problem using modified Ant colony optimization

    Indian Academy of Sciences (India)

    R Gopalakrishnan; A Krishnan

    2013-08-01

    Economic load dispatch is one of the vital purposes in electrical power system operation, management and planning. Economic dispatch problem is one of the most important problems in electric power system operation. In large scale system, the problem is more complex and difficult to find out optimal solution because it is nonlinear function and it contains number of local optimal. Combined economic emission dispatch (CEED) problem is to schedule the committed generating units outputs to meet the required load demand at minimum operating cost with minimum emission simultaneously. The main aim of economic load dispatch is to reduce the total production cost of the generating system and at the same time the necessary equality and inequality constraints should also be fulfilled. This leads to the development of CEED techniques. There are various techniques proposed by several researchers to solve CEED problem based on optimization techniques. But still some problems such as slower convergence and higher computational complexity exist in using the optimization techniques such as GA for solving CEED problem. This paper proposes an efficient and reliable technique for combined fuel cost economic optimization and emission dispatch using the Modified Ant Colony Optimization algorithm (MACO) to produce better optimal solution. The simulation results reveal the significant performance of the proposed MACO approach.

  2. Environmental and economic benefits of sustainable development

    International Nuclear Information System (INIS)

    The panel on sustainable development was moderated by Paul McKay of the Wildside Foundation. Bryan Kelly, Director of Environment and Sustainable Development at Ontario Hydro, and Jeffrey Passmore of Passmore Associates International were the panel members. Bryan Kelly described the objectives of his group's program as reducing market barriers, and get renewables on a level playing field through technological advances to ensure that ' when Ontario Hydro or its successors make decisions about new capacity, renewables will be a viable option and will not be dismissed out of hand'. To illustrate the approach, he described several ongoing research and development projects. Jeffrey Passmore reported on a study he conducted for the Canadian Wind Energy Association and Environment Canada to determine the environmental and economic benefits of wind energy in Canada. He estimated achievable wind energy potential in Canada at around 6400 MW by 2010. He stressed wind energy's potential for job creation and CO2 reduction as the principal economic and environmental benefits

  3. Polarization of Regional Economic Development in Croatia: Trends and Challanges in a New Geographic Reality

    OpenAIRE

    Pavlaković-Koči, Vera; Pejnović, Dane

    2006-01-01

    This paper examines how the proposed conceptualization of Croatia’s regional economic development, Koncepcija regionalnong gospodarskog razvitka Republike Hrvatske (1999), addresses the challenges of Croatia’s uneven economic development. While the problems of Croatia’s lagging regions have been addressed, the conceptualization contains controversies regarding what should be the guiding principles of regional policy – targeted or balanced regional economic development. The proposed conceptual...

  4. ECONOMIC FREEDOM – A CATALYST FOR DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Rozalia Iuliana KICSI

    2014-12-01

    Full Text Available Liberal doctrine, in its various attempts to find legitimacy, has exerted a real influence on the ”architecture” of the world economy. Liberal rhetoric, validated by historical reality, has shown that liberalism, through its virtues, design a proper environment for both individuals and nations development. In this equation of development the catalytic role of economic freedom and free trade was a theme of reflections during the evolution of many nations, but emphasis on the quantitative dimensions was obvious. In the last decades, attention has been focused on the quality of development too, understanding that the wealth of a nation is reflected not only in the improvement of macroeconomic indicators, but in the better quality of individuals’ life.

  5. Food safety and ecologization: practical solutions to problems at the regional level in current economic conditions

    Directory of Open Access Journals (Sweden)

    Lysochenko Alla, A.

    2015-03-01

    Full Text Available Ensuring food security and greening both at the level of the country, and at the level of regions are main objectives of modern agroeconomic policy. The state support creates favorable conditions for dynamic development of agrarian and industrial complex, raises investment opportunities and competitiveness of agricultural producers. A realization of the actions directed on assistance to the enterprises making import-substituting production of the regional agro-industrial complex is actual in modern economic conditions. The solution of this problem consists of investment projects implementation and production expansion of the operating enterprises. Considering new economic conditions, the ensuring financial stability of agricultural producers, availability of the food to needy segments of the population, production of valeologically safe food, and also increase efficiency of use of natural resources and conditions along with preservation of quality of environment at the local, regional and global levels are particularly acute challenges. State regulation of development of an agrofood complex of Russia remains a necessary condition for its reproduction functioning, and the social and economic policy has to provide economic availability of the food to all groups of the population that causes need of standard and legal fixing of mechanisms offood security achievement at the regional level.

  6. System theoretic approach to sustainable development problems

    Directory of Open Access Journals (Sweden)

    Batanović Vladan

    2011-01-01

    Full Text Available This paper shows that the concepts and methodology contained in the system theory and operations research are suitable for application in the planning and control of the sustainable development. The sustainable development problems can be represented using the state space concepts, such as the transition of system, from the given initial state to the final state. It is shown that sustainable development represents a specific control problem. The peculiarity of the sustainable development is that the target is to keep the system in the prescribed feasible region of the state space. The analysis of planning and control problems of sustainable development has also shown that methods developed in the operations research area, such as multicriteria optimization, dynamic processes simulation, non-conventional treatment of uncertainty etc. are adequate, exact base, suitable for resolution of these problems.

  7. Modern Olympic sport: economic mechanism of self-development

    Directory of Open Access Journals (Sweden)

    Bubka S.N.

    2011-12-01

    Full Text Available The paper presents characteristics of the Olympic movement as a real self-sufficient socio-economic phenomenon, with its inherent internal mechanism of self-development. There are identified the main problems of improving the mechanism of self-development, the modernization of the distribution of income from the sale of commercial programs between the participants of Olympic sports and enhance the fight against "piracy" marketing. The objectives of the NOC assistance program implemented by "Olympic Solidarity" fund are defined, the structure of expenditures on the IOC "Olympic Solidarity" program implementation are presented.

  8. Quebec Seeks Solutions: An Economic Development Agency's Role in Local Open Innovation

    Directory of Open Access Journals (Sweden)

    Alexandra Berger Masson

    2013-03-01

    Full Text Available This article offers an economic-development perspective on a new method for local companies to find innovative solutions to their most challenging business problems: local open innovation. Quebec International, the economic development agency for the Quebec City area, contributed to the development of the Seeking Solutions approach to local open innovation, which included the hosting of problem-solving conferences with local research centres, economic development actors, and companies. Looking back on our experiences and outcomes since 2010, this article shows how the development and introduction of this new approach to local open innovation has changed the rules of the game in the region.

  9. Electrification and social and economic development

    International Nuclear Information System (INIS)

    Electricity supply is an essential component of any economic development strategy. Population growth and industrialization are driving forces that will increase electricity consumption rapidly in developing countries for many years to come. Indeed, modernization and increases in productivity are difficult to conceive without a substantial increase in per capita electricity consumption. The electricity supply industry is, however, a capital intensive industry. A substantial share of the scarce financial and technological resources is captured by the electricity sector, producing considerable macroeconomic and environmental impacts that are not always assessed correctly. The current trends in electricity consumption in developing countries are reviewed, as well as future plans. There was a substantial slowdown in the annual rates of increase in electricity consumption in the 1980s, mainly as a result of the debt crisis. Utility forecasts for future consumption remain high, although the financial situation is very poor. Population growth, the low level of electricity consumption per capita and the deep rooted perception that electricity supply is a key factor in economic development induce optimism for the future. The four key issues facing the electricity supply industry in developing countries are analysed: the financial crisis; the technology policy; regulation reform; and long term sustainability. Obviously, the difficult financial situation is the most pressing issue. Nevertheless, it is difficult to envisage any solution to the financial crisis if no changes are introduced, both in the regulatory regime and in the technology policy. Moreover, it is important to assess the long term effects carefully, particularly as far the environment and fuel markets are concerned. (author). 16 refs, 3 figs, 1 tab

  10. An efficient format for a problem based introductory economics course

    OpenAIRE

    Woltjer, G.B.

    2004-01-01

    Problem-based learning is rather labor intensive for teaching staff. In addition, the problem-based structure does not work always optimally in practice. Brainstorming during pre-discussion of tasks becomes very superficial, preparation of the students is far from optimal, and post-discussion is more focused on repeating what is already in the book than on the task being discussed. However, these problems can be solved.This paper discusses a number of innovations in the format of the standard...

  11. Contribution to Quebec's economic development: Development plan 1993

    International Nuclear Information System (INIS)

    The activities of Hydro-Quebec are analyzed from the standpoint of their contribution to economic development and their support of regional development. The structuring effects of Hydro-Quebec's electricity supply activities are described, specifically the utility's role as an employer and an important agent of economic development by virtue of its purchasing power. The role played by research and development activities in the technological development of Quebec is discussed along with the contribution of those activities to new industrial developments. Finally, the impacts of electricity use on industrial development are considered. An analysis is presented of Hydro-Quebec's marketing activities and the options they afford. These marketing activities are aimed mainly at supporting economic development. The availability of reasonably priced electricity enhances the competitiveness of all industrial sectors, especially those for which electricity is a factor in siting. Furthermore, Hydro-Quebec can use its marketing activities to reinforce this comparative advantage. Hydro-Quebec can also support regional development by decentralizing operations, standardizing rates, and extending its marketing activities to the regions. 2 tabs

  12. Quantum economics

    OpenAIRE

    Vukotić Veselin

    2011-01-01

    The globalization is breaking-down the idea of national state, which was the base for the development of economic theory which is dominant today. Global economic crisis puts emphasis on limited possibilities of national governments in solving economic problems and general problems of society. Does it also mean that globalization and global economic crisis points out the need to think about new economic theory and new understanding of economics? In this paper I will argue that globalizat...

  13. Socio-economic consequences of large scale resource development; cases of mining in Greenland

    DEFF Research Database (Denmark)

    Rasmussen, Rasmus Ole

    2004-01-01

    Parallel to the attempts to look for new means of economic independence for Greenland, there is still a growing awareness of the possible problems and potential negative consequences of such a development. The contribution has its focus on the short and long term socio-economic consequences...... of resource development experienced in Greenland in connection with mining acitivities....

  14. Financial Structure and Economic Development in Nigieria

    Directory of Open Access Journals (Sweden)

    Ph. D. Olusegun Olowe

    2012-05-01

    Full Text Available In this study , the measurement of the Nigerian financial interrelation ratio was considered in line with the structure and development of financial system between 1999 and 2008 with a view to examining the incidences of the financial liberalization . The financial intermediation role for Nigeria on current basic prices was computed to determining the extent of stability and /or positive cum negative changes. This is to ensure the involvement of government as well as thedegree of financial institutions’ involvement in the economic growth and development of the country. In essence, the results of this study will be of relevance to formulate and execute policy formulation in its entirety. The result of the study revealed a pure neglect in the country with emphasis on financial intermediation. The earlier we put an enhanced financial structure in place, , the better for the economy.

  15. Existing Problems of Agricultural Development in China and Recommendations

    Institute of Scientific and Technical Information of China (English)

    Guoqin; HUANG

    2015-01-01

    In 2012,China’s total grain yield reached 590 million tons and realized nine consecutive years of growth. This is huge historic achievement of China and also rare in development history of world agriculture. However,at the same time of making great achievements,China’s agriculture is still confronted with many problems. On the basis of extensive survey,it pointed out 10 outstanding problems: farmland,labor,livestock power,water conservancy,input,agricultural disaster,ecological and environmental problem,waste of resources,economic scale and economic benefits. These problems have brought great adverse influence on China’s agricultural development. In view of these problems,to realize sustainable,stable and healthy development of agriculture in the new period,it came up with following recommendations:( i)deepening the understanding;( ii) enforcing laws strictly;( iii) enhancing training;( iv) increasing benefits;( v) saving resources;( vi) protecting environment;( vii) developing science and technology;( viii) consolidating foundation.

  16. ECONOMIC BENEFITS OF DEVELOPING INTERMODAL TRANSPORT IN THE EUROPEAN UNION

    Directory of Open Access Journals (Sweden)

    Crisan Radu

    2012-12-01

    Full Text Available Transport plays a crucial role in economic and social development and its contribution goes beyond what is normally captured in traditional cost-benefit analyses. Transportation investments can have large long-term economic, social and environmental impacts. The European Commission when developing transport policy, focuses on the intermodal transport, which is seen as a sustainable mobility solution, environmentally friendly and efficient in terms of resources, especially in terms of freight. European transport policies promote co-modality - combining different modes for a single supply chain - as a solution to the adverse effects of transport: pollution, traffic congestion, energy consumption. Intermodal transport is found to be consistently cheaper than all-road solutions, and its external costs significantly lower, thereby confirming the high potential of intermodal transport in increasing the sustainability of the transport sector. So, freight intermodality is increasingly considered as major potential contributor to solving the sustainability problems of the European transport sector. This paper addresses the pricing issues specifically related to intermodal transport. The focus in on the main economical advantages of developing intermodal transport, but also on the usage limits brought by particularities of transport modes. Special attention is given to intermodal transfer terminals with solutions for activity efficiency increase, with major implications on the quality and cost of transportation. The theme discussed in this paper is of great importance, many authors and specialists developed it in their studies. Some names are needed to be mentioned: Todd Litman, Dr. Yuri V. Yevdokimov, John J. Coyle, Kenneth D. Boyer and few more. But, a special attention for this subject is paid by the European Commission and its subordinated institutions, that are interested in developing sustainable strategies and promoting concrete solutions for

  17. About Problems of Decision Making in Social and Economic Systems

    OpenAIRE

    Voloshyn, Oleksiy

    2006-01-01

    The reasons of a restricted applicability of the models of decision making in social and economic systems. 3 basic principles of growth of their adequacy are proposed: "localization" of solutions, direct account of influencing of the individual on process of decision making ("subjectivity of objectivity") and reduction of influencing of the individual psychosomatic characteristics of the subject (" objectivity of subjectivity ") are offered. The principles are illustrated on mathe...

  18. 24 CFR 1003.203 - Special economic development activities.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Special economic development... Eligible Activities § 1003.203 Special economic development activities. A grantee may use ICDBG funds for special economic development activities in addition to other activities authorized in this subpart...

  19. Resource integration of regional economic development in northwest China

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    Northwestern area is the most arid and underdeveloped area in China. Lots of researches have been done to find the approaches to alleviate poverty. But there are some problems, for example, how to invest, how to use capital,and why the utilization rate is ambiguous. Water, capital and human resources are analyzed in this paper to be compared with their Utilization rates. As a result, according to the dependences of economic growth on those resources, a new approach has been selected to organize the integration ways among these resources for economic development in northwestern China. The efficient ways to develop northwestern China are: firstly, use the wanting resources most effectively to make an efficient integration model of multiple resources. For example, enhance the utilization rate of water to raise the value of other resources. Secondly, invest more in basic factors for economic development to upgrade the competitiveness in the western China. For example, invest more in primary education and sustainable development of basic natural resources in order to have more power for sustainable development.

  20. Human resources, physical resources and economic development: A foundation of human resource economics

    OpenAIRE

    FURUOKA, Fumitaka

    2015-01-01

    Despite numerous studies on production inputs, such labour and capital, there is still a lack of systematic analysis on the crucial interaction between the human resources (HR) and physical resources (PR) in the process of economic development. Thus, the current paper aims to describe how these production resources would jointly determine the dynamics process of economic development. This holistic role of the HR in the economic development can be a foundation for the human resource economics.

  1. Reading Economics: The Role of Mainstream Economics in International Development Studies Today (SWP 24)

    OpenAIRE

    Jerven, Morten

    2013-01-01

    What is the role of the economics discipline in teaching and studying international development today? This paper draws upon experiences of teaching and reading economics with students in interdisciplinary international development studies. The main conclusion is that economic literacy is a key ingredient in development studies. This paper discusses different interpretations of what economic literacy may entail and why this literacy is important. It concludes by suggesting a number of paths t...

  2. Economic development and the allocation of petroleum products in Sudan

    International Nuclear Information System (INIS)

    The Sudanese economy has been characterized in recent years by severe energy shortages which have affected all economic activity. More than 94% of the commercial energy is imported and the level of such imports is seriously limited by the current foreign exchange crisis. However, the problem is not just one of foreign exchange; there is also the problem of utilization of resources to avoid bottleneck problems of supply. The allocation of petroleum products in Sudan has had a severe effect on all aspects of economic life. The aim of this paper is to highlight the problem and to build a model to optimize the distribution of petroleum products in order to achieve at least a minimal supply in all regions. A large linear programming model has been developed and the solution indicates that current facilities should be able to satisfy 96% of the 1986 demand, about 30% more than the actual supply. Furthermore, with a little investment in storage facilities and extra trucks, the supply could satisfy total demand in the immediate future

  3. Developing Mathematics Problems Based on Pisa Level

    Directory of Open Access Journals (Sweden)

    Shahibul Ahyan

    2014-01-01

    Full Text Available This research aims to produce mathematics problems based on PISA level with valid and practical content of change and relationships and has potential effect for Junior High School students. A development research method developed by Akker, Gravemeijer, McKenney and Nieveen is used this research. In the first stage, the researcher analyzed students, algebra material in school-based curricula (KTSP and mathematics problems of PISA 2003 of change and relationships content. The second stage, the researcher designed 13 problems with content of change and relationships. The last, the researcher used formative evaluation design developed by Tessmer which includes self evaluation, one-to-one, expert review, small group, and field test. The data collect by walk through, interview, and questionnaire. The result of this research indicated that 12 mathematical problems based on PISA level of change and relationships content that developed have validity, practically, and potential effects for Junior High School students.

  4. Economic chances and problems of the peaceful uses of nuclear energy in an evolutionary context

    International Nuclear Information System (INIS)

    To organize and ensure energy supply is of pivotal importance for social development. Therefore, the paper focuses on the issue of nuclear energy within the stress field of society, technology, energy and evolution. Nuclear energy use is studied with regard to its evolutionary fit, on the basis of an integrating analysis overriding economic considerations. So the criterion of customary economics is expanded by the evaluation criterion of evolutionary principles. After considering the theoretical structure of environment and resource economy and its limits, the evolutionary background of energy and energy use is examined. Evolution strategies are outlined to show how structures and orders are formed in the course of evolution and how energy resources are exploited. In view of the global ecological crisis, solution strategies require a solid concept of an evolutionary fitting energy system the requirement profile of which can be obtained, by means of fitting criteria, from a synthesis of economic theory and the outlined evolution strategies. In order to sound the evolutionary fit of nuclear energy use on the basis of the theoretical foundations of economics and evolution and of the fitting criteria obtained from their synthesis, the status of the problem and its multifacetted interconnections are structured. Critical analysis of the peaceful use of nuclear energy is performed by means of a systematics which is to ensure that the mental order gradually approaches the evaluation of the evolutionary fit of nuclear power. (orig./HSCH)

  5. THE INVESTMENTS, ECONOMIC GROWTH FACTORS OR CONSUMPTION OF DEVELOPMENT POTENTIAL?

    Directory of Open Access Journals (Sweden)

    Huru Dragos

    2008-05-01

    Full Text Available In Romania, in the last year the economic growth is a real phenomenon that is not our subject for demonstration or for analyze in this paper. Our concern is related with the way of manifestation for economic growth in the economic system. We study if not the economic growth on the contrary of development for current or further performance (regardless of economic aspect or level of analyze can unstuck in consumption of the availed resources for consolidate potential for development.

  6. Environmental, social and economic problems in the Borkena plain, Ethiopia

    DEFF Research Database (Denmark)

    Balcha, Berhanu

    People in Borkena in Ethiopia suffer from a complex interplay of environmental degradation, increasing shortage of land due to population growth, conflicts between different ethnic and religious identities, and social confrontations as a result of such tensions. The most depressing problem...... is that they can not find a way out of the downward spiral of resource scarcity and conflict. And the authorities do not give them any chance to get involved themselves in actively searching for solutions specific to their complex problems. All they get is orders, and plans which are designed from above and do...

  7. Legal and institutional problems facing geothermal development in Hawaii

    Energy Technology Data Exchange (ETDEWEB)

    1978-10-01

    The problems discussed confronting future geothermal development in Hawaii include: a seemingly insoluble mismatch of resource and market; the burgeoning land claims of the Native Hawaiian community; a potential legal challenge to the State's claim to hegemony over all of Hawaii's geothermal resources, regardless of surface ownership; resistance to any sudden, large scale influx of Mainland industry, and questionable economics for the largest potential industrial users. (MHR)

  8. NEW MEXICO INDIANS--ECONOMIC, EDUCATIONAL, AND SOCIAL PROBLEMS.

    Science.gov (United States)

    SMITH, ANNE M.

    INDIANS COMPRISE 6 PERCENT OF THE POPULATION OF NEW MEXICO, ALTHOUGH THEIR NUMBERS ARE NOT GREAT, THEY REPRESENT A FORMIDABLE PROBLEM SINCE THEY RANK LOWEST IN YEARS OF EDUCATION AND HIGHEST IN THE PERCENTAGE OF UNEMPLOYMENT OF ALL GROUPS IN THE STATE. THE RELATIONSHIP BETWEEN UNEMPLOYMENT AND EDUCATION ARE CLEAR AND UNMISTAKABLE AND UNLESS A…

  9. TENDENCIES IN DEVELOPMENT OF GRAIN POTENTIAL OF COUNTRIES OF THE EURASIAN ECONOMIC UNION

    OpenAIRE

    Sidorenko, O.

    2014-01-01

    The problem of food safety of the Eurasian Economic Union remains one of the most essential priorities of the formation of their economic strategy. The solution of the food problem primarily depends on the sustainable development of grain production. In this situation, the study of tendencies in the development of grain production, food self-sufficiency assessment and analysis of opportunities for agricultural exports are of current importance. The aim of the present study is to monitor the d...

  10. 13 CFR 108.120 - Economic development primary mission.

    Science.gov (United States)

    2010-01-01

    ... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Economic development primary mission. 108.120 Section 108.120 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION NEW MARKETS... Economic development primary mission. The primary mission of a NMVC Company must be economic development...

  11. Environmental economics and policy making in developing countries. Current issues

    International Nuclear Information System (INIS)

    In developing countries, where growth expectations are high, least-cost environmental policies are crucial since they can reduce the conflict between economic growth and the environment. In view of this, policymakers in these economies must be very aware of the relationship between economic and environmental issues to offer policy initiatives which can increase efficiency and improve equity. The authors provide a comprehensive analysis of topics varying from the general problems of growth and conservation to specific applications such as; pollution costs, environmental taxation, deforestation and climate change. This volume also offers policymakers a comprehensive view of the challenges they face, and the legacies they leave, in order to convert environmental policy making into an actual programme of welfare improvement. (author)

  12. Economic development and direct foreign investment in the transition economies

    Directory of Open Access Journals (Sweden)

    Mrdaković-Cvetković Ružica

    2006-01-01

    Full Text Available The paper deals with the problems related to economic development in Serbia and Southeast-European countries. Comparative analysis has been used for distinguishing typical changes of gross domestic product, foreign direct investment and gross domestic product per capita in Serbia, the countries of Southeast Europe and the Commonwealth of Independent States. The analysis indicates that the levels of both the gross domestic product (GDP and production in Serbia and other countries are currently lower than in 1989, the year generally taken as the beginning of the process of transition from centrally planned to market economies. .

  13. Comparison of heuristics for an economic lot scheduling problem with deliberated coproduction

    Directory of Open Access Journals (Sweden)

    Pilar I. Vidal-Carreras

    2009-12-01

    Full Text Available We built on the Economic Lot Scheduling Problem Scheduling (ELSP literature by making some modifications in order to introduce new constraints which had not been thoroughly studied with a view to simulating specific real situations. Specifically, our aim is to propose and simulate different scheduling policies for a new ELSP variant: Deliberated Coproduction. This problem comprises a product system in an ELSP environment in which we may choose if more than one product can be produced on the machine at a given time. We expressly consider the option of coproducing two products whose demand is not substitutable. In order to draw conclusions, a simulation model and its results were developed in the article by employing modified Bomberger data which include two items that could be produced simultaneously.

  14. Electricity from nuclear energy: an economic or environmental problem?

    International Nuclear Information System (INIS)

    The advantages and disadvantages of both nuclear power and renewable energy sources are evaluated. Nuclear power is relatively safe, clean, cheap and plentiful and in countries such as Japan and Korea where there are few natural energy sources, the future of nuclear power is assured. However, natural gas and 50% efficient combined cycle gas turbines have a considerable cost advantage and these are replacing existing coal and oil fired plant. Other competition comes from wind energy, waste incineration and biomass. Even if cheaper alternatives are available nuclear energy may still have a place in a country's energy policy for several reasons including diversity of supply. However, economic disadvantage make the future of nuclear power in countries such as the UK and USA uncertain. (UK)

  15. IMPORTANCE OF SUSTAINABLE TOURISM DEVELOPMENT IN TERMS OF ECONOMIC DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    BRANKICA TODOROVIC

    2015-06-01

    Full Text Available The quality of tourist resources and tourist products, competitive ability and positioning of the destinations in the tourist market affect the economic development of the national economy. Natural resources are key, but under-utilized resources necessary for the tourism development, whereby reaching the level where the key development resources are on the verge of carrying capacities, thus making the model structure of the future development to be a significant contribution in searching the optimal model of sustainable development. The paper points to the importance of previous positive experience in the development of tourism and related activities especially in terms of development planning in accordance with the available resources, spatial opportunities and sustainable development. The research the possibility of defining an optimal model for sustainable tourism development in the case of mountain destinations in Zlatibor District will indicate the need to precisely define economic-geographical resources which determine the individual role of an each resource in creating the tourist offer, as well as, to show that the inadequate management of tourist resources and marketing activities leads to their degradation.

  16. Economics.

    Science.gov (United States)

    Palley, Paul D; Parcero, Miriam E

    2016-10-01

    A review of literature in the calendar year 2015 dedicated to environmental policies and sustainable development, and economic policies. This review is divided into these sections: sustainable development, irrigation, ecosystems and water management, climate change and disaster risk management, economic growth, water supply policies, water consumption, water price regulation, and water price valuation.

  17. International Jobs and Economic Development Impacts (I-JEDI) Model

    Energy Technology Data Exchange (ETDEWEB)

    2016-09-01

    International Jobs and Economic Development Impacts (I-JEDI) is a freely available economic model that estimates gross economic impacts from wind, solar, biomass, and geothermal energy projects. Building on a similar model for the United States, I-JEDI was developed by the National Renewable Energy Laboratory under the U.S. government's Enhancing Capacity for Low Emission Development Strategies (EC-LEDS) program to support partner countries in assessing economic impacts of LEDS actions in the energy sector.

  18. Financial Structure and Economic Welfare: Applied General Equilibrium Development Economics.

    Science.gov (United States)

    Townsend, Robert

    2010-09-01

    This review provides a common framework for researchers thinking about the next generation of micro-founded macro models of growth, inequality, and financial deepening, as well as direction for policy makers targeting microfinance programs to alleviate poverty. Topics include treatment of financial structure general equilibrium models: testing for as-if-complete markets or other financial underpinnings; examining dual-sector models with both a perfectly intermediated sector and a sector in financial autarky, as well as a second generation of these models that embeds information problems and other obstacles to trade; designing surveys to capture measures of income, investment/savings, and flow of funds; and aggregating individuals and households to the level of network, village, or national economy. The review concludes with new directions that overcome conceptual and computational limitations.

  19. Financial Structure and Economic Welfare: Applied General Equilibrium Development Economics

    Science.gov (United States)

    Townsend, Robert

    2010-01-01

    This review provides a common framework for researchers thinking about the next generation of micro-founded macro models of growth, inequality, and financial deepening, as well as direction for policy makers targeting microfinance programs to alleviate poverty. Topics include treatment of financial structure general equilibrium models: testing for as-if-complete markets or other financial underpinnings; examining dual-sector models with both a perfectly intermediated sector and a sector in financial autarky, as well as a second generation of these models that embeds information problems and other obstacles to trade; designing surveys to capture measures of income, investment/savings, and flow of funds; and aggregating individuals and households to the level of network, village, or national economy. The review concludes with new directions that overcome conceptual and computational limitations. PMID:21037939

  20. Financial Structure and Economic Welfare: Applied General Equilibrium Development Economics.

    Science.gov (United States)

    Townsend, Robert

    2010-09-01

    This review provides a common framework for researchers thinking about the next generation of micro-founded macro models of growth, inequality, and financial deepening, as well as direction for policy makers targeting microfinance programs to alleviate poverty. Topics include treatment of financial structure general equilibrium models: testing for as-if-complete markets or other financial underpinnings; examining dual-sector models with both a perfectly intermediated sector and a sector in financial autarky, as well as a second generation of these models that embeds information problems and other obstacles to trade; designing surveys to capture measures of income, investment/savings, and flow of funds; and aggregating individuals and households to the level of network, village, or national economy. The review concludes with new directions that overcome conceptual and computational limitations. PMID:21037939

  1. Response of Land Use Planning in Less Developed Areas to Economic Globalization

    Institute of Scientific and Technical Information of China (English)

    LIU Xiang-nan

    2012-01-01

    Under the background of economic globalization, the development mechanisms of various regions face potential deep transformation, and the effective participation of less developed areas in China in economic globalization is of great significance to the sustainable development of Chinese economy and society. In this study, we summarized the characteristics and influences of economic globalization from the aspects of industrial recombination and transfer, competition, economic relevance and development modes, and analysed the opportunities and challenges of land use in less developed areas brought by economic globalization. Afterwards, based on the major problems of land use planning management in the middle of Jiangsu Province, we put forward some suggestion including management of planning process, balanced development of ecology and economy, strengtheningn planing use zoning, spatial agglomeration and protecting cultural diversity to response to economic globalization.

  2. Particle Swarm Optimization Applied to the Economic Dispatch Problem

    Directory of Open Access Journals (Sweden)

    Rafik Labdani

    2006-06-01

    Full Text Available This paper presents solution of optimal power flow (OPF problem of a power system via a simple particle swarm optimization (PSO algorithm. The objective is to minimize the fuel cost and keep the power outputs of generators, bus voltages, shunt capacitors/reactors and transformers tap-setting in their secure limits.The effectiveness of PSO was compared to that of OPF by MATPOWER. The potential and superiority of PSO have been demonstrated through the results of IEEE 30-bus system

  3. Global wind power development: Economics and policies

    International Nuclear Information System (INIS)

    Existing literature indicates that theoretically, the earth's wind energy supply potential significantly exceeds global energy demand. Yet, only 2–3% of global electricity demand is currently derived from wind power despite 27% annual growth in wind generating capacity over the last 17 years. More than 95% of total current wind power capacity is installed in the developed countries plus China and India. Our analysis shows that the economic competitiveness of wind power varies at wider range across countries or locations. A climate change damage cost of US$20/tCO2 imposed to fossil fuels would make onshore wind competitive to all fossil fuels for power generation; however, the same would not happen to offshore wind, with few exceptions, even if the damage cost is increased to US$100/tCO2. To overcome a large number of technical, financial, institutional, market and other barriers to wind power, many countries have employed various policy instruments, including capital subsidies, tax incentives, tradable energy certificates, feed-in tariffs, grid access guarantees and mandatory standards. Besides, climate change mitigation policies, such as the Clean Development Mechanism, have played a pivotal role in promoting wind power. Despite these policies, intermittency, the main technical constraint, could remain as the major challenge to the future growth of wind power. - Highlights: • Global wind energy potential is enormous, yet the wind energy contribution is very small. • Existing policies are boosting development of wind power. • Costs of wind energy are higher than cost of fossil-based energies. • Reasonable premiums for climate change mitigation substantially promote wind power. • Intermittency is the key challenge to future development of wind power

  4. MODERN PROBLEMS AND WAYS OF DEVELOPMENT OF COOPERATION

    Directory of Open Access Journals (Sweden)

    Mishchenko Tatyana Leonidovna

    2013-01-01

    Full Text Available The article discusses the importance of cooperation on the current economic stage as one of the forms of cooperation in the arena of the market of small, medium and large businesses. The aim of this work is the study of contemporary problems of agricultural co-operation and development of effective ways of functioning of the cooperative sector, which is a sustainable development factor of socio-economic systems, contributes to the protection of the interests of its participants, increasing of competitiveness at the industry and national markets. In compliance of the objectives outlined the following objectives of its decision: - to justify the relevance of research in modern Economics; - to analyze the economic interdependence of market subjects and their effectiveness in key financial indicators; - identify the causes, constraining the effective development of the cooperative forms of management. The scientific novelty of the results of the study consists of the following: - it is proved that the basic idea of the cooperative movement is a transition from small businesses to large-scale activity, which today has a real embodiment in life; - it is proved that co-operation is a key element of sustainable development of rural areas and market institutions and is based on a solid social base of farms, individual farms; - as a result of the carried out estimation of parameters of functioning of the agrarian market subjects, proposed an alternative way of economic interaction of participants of the cooperative company. As a conclusion it should be noted that the development of the cooperative sector in economic realities increases significantly in the conditions of Russia's accession to the WTO, ensuring competitiveness of the domestic products and first of all the country's food security.

  5. Methodological problems of economic security research in the conditions of transformed economy

    Directory of Open Access Journals (Sweden)

    Goloshchapova  Zhypar  Esenbekovna

    2016-02-01

    Full Text Available The article deals with the methodological problems of research of financial and economic safety in the conditions of transformed economy. The author hypothesizes that should be divided into four zones of change of financial and economic security indicators: the zone of accumulation of critical mass; crisis zone; shear zone; fatal area.

  6. A simple approach to global optimal feedback solutions : with emphasize on certain management problems in economics

    OpenAIRE

    Sandal, Leif Kristoffer; Berge, Gerhard

    2001-01-01

    Dynamic optimization problems covers a great class of problems in management science and technology. The classical problem formulations being the variational approach as in classical mechanics, like Hamilton's principle and the optimal control theory in economics as the Pontryagin's maximum principle. In this account we start with a general problem formulation as an alternative to an approach based on solving differential equations. We focus on creating an analytical environment aimed at deri...

  7. Evolutionary Systems Theory, Universities, and Endogenous Regional Economic Development

    Science.gov (United States)

    Bowen, William M.

    2007-01-01

    Universities today are increasingly being viewed in terms of serving the purpose of economic development. This paper postulates that their chief purpose is to advance knowledge and that in doing so they effectuate regional economic growth and development through processes specified in the endogenous economic growth model. To achieve this purpose…

  8. 32 CFR 174.10 - Consideration for economic development conveyances.

    Science.gov (United States)

    2010-07-01

    ... 32 National Defense 1 2010-07-01 2010-07-01 false Consideration for economic development... Property § 174.10 Consideration for economic development conveyances. (a) For conveyances made pursuant to... the date of the initial transfer of property shall be used to support economic redevelopment of,...

  9. Advanced Small Modular Reactor Economics Model Development

    Energy Technology Data Exchange (ETDEWEB)

    Harrison, Thomas J [ORNL

    2014-10-01

    The US Department of Energy Office of Nuclear Energy’s Advanced Small Modular Reactor (SMR) research and development activities focus on four key areas: Developing assessment methods for evaluating advanced SMR technologies and characteristics; and Developing and testing of materials, fuels and fabrication techniques; and Resolving key regulatory issues identified by US Nuclear Regulatory Commission and industry; and Developing advanced instrumentation and controls and human-machine interfaces. This report focuses on development of assessment methods to evaluate advanced SMR technologies and characteristics. Specifically, this report describes the expansion and application of the economic modeling effort at Oak Ridge National Laboratory. Analysis of the current modeling methods shows that one of the primary concerns for the modeling effort is the handling of uncertainty in cost estimates. Monte Carlo–based methods are commonly used to handle uncertainty, especially when implemented by a stand-alone script within a program such as Python or MATLAB. However, a script-based model requires each potential user to have access to a compiler and an executable capable of handling the script. Making the model accessible to multiple independent analysts is best accomplished by implementing the model in a common computing tool such as Microsoft Excel. Excel is readily available and accessible to most system analysts, but it is not designed for straightforward implementation of a Monte Carlo–based method. Using a Monte Carlo algorithm requires in-spreadsheet scripting and statistical analyses or the use of add-ons such as Crystal Ball. An alternative method uses propagation of error calculations in the existing Excel-based system to estimate system cost uncertainty. This method has the advantage of using Microsoft Excel as is, but it requires the use of simplifying assumptions. These assumptions do not necessarily bring into question the analytical results. In fact, the

  10. Economic Theory and Environmental Degradation: A Survey of Some Problems Economic Theory and Environmental Degradation: A Survey of Some Problems

    OpenAIRE

    Karl-Goran Maler

    1990-01-01

    Both market and policy failures can lead to environmental degradation. Considerable progress has been made in the area of project evaluation and the valuation of environmental effect. On the other hand the analytical tools to study the effects of policy failures -the impact of taxes, prices, exchange rate and incentives- are more limited. The correct handling of uncertainty also remains a major issue. The analysis of intemational environmental problems, such as acid rain or CO2 buildup, may b...

  11. STATUS, PROBLEMS AND PROJECTS FOR DEVELOPMENT OF DISTRICT, URBAN PLANNING AND ARCHITECTURE IN BULGARIA IN EARLY 21ST CENTURY (AGAINST THE BACKGROUND OF THE MARKET ECONOMY AND THE UPCOMING FINANCIAL AND ECONOMIC CRISIS. PART 1

    Directory of Open Access Journals (Sweden)

    Kovachev Atanas Dimitrov

    2012-10-01

    Full Text Available The author provides an overview of the main urban planning trends in the present-day Bulgaria. The author also demonstrates principal approaches to area planning and provides examples of master plans of major cities of the country. The author emphasizes the need to resolve the environmental problems of urban territories, to develop their public transportation networks, resorts, landscape gardening, and a special role of historic and archeological monuments in the present-day cities. Today, multiple hierarchically arranged plans of districts and towns are being developed in accordance with the Law on area arrangement of 2001. There are three levels of area planning in Bulgaria: strategic, tactical and operative/applied. The level of strategic planning covers the territory of the whole country (or its major parts, including regions and clusters of communities. The second level of area planning represents a tactical level. It is applied to smaller sections of the territory (communities, towns and it converts into more detailed planning of the territory if compared to the top level of area planning. The general structure of the territory is developed at this level of planning. This level includes master plans of cities and towns. The third level, the level of operative/ applied planning, is applied to separate parts of populated areas, even particular sites. This level is characterized by detailed elaboration and it serves as a link to architectural planning. This level incorporates detailed area plans.

  12. Economic Efficiency Analysis for Information Technology in Developing Countries

    Directory of Open Access Journals (Sweden)

    Ghassan F. Issa

    2009-01-01

    Full Text Available Problem statement: The introduction of Information Technology (IT to government institutions in developing countries bears a great deal of risk of failure. The lack of qualified personnel, lack of financial support and the lack of planning and proper justification are just few of the causes of projects failure. Study presented in this study focused on the justification issue of IT projects through the application of Cost Benefit Analysis (CBA as part of a comprehensive Economic Efficiency Analysis (EEA of IT Projects, thus providing management with a decision making tool which highlights existing and future problems and reduces the risk of failure. Approach: Cost-Benefit Analysis (CBA based on Economic Efficiency Analysis (EEA was performed on selected IT projects from ministries and key institutions in the government of Jordan using a well established approach employed by the Federal Government of Germany (KBSt approach. The approach was then modified and refined to suit the needs of developing countries so that it captured all the relevant elements of cost and benefits both quantitatively and qualitatively and includes a set of guidelines for data collection strategy. Results: When IT projects were evaluated using CBA, most cases yielded negative Net Present Value (NPV, even though, some cases showed some reduction in operation cost starting from the third year of project life. However, when the CBA was applied as a part of a comprehensive EEA by introducing qualitative aspects and urgency criteria, proper justification for new projects became feasible. Conclusion: The modified EEA represented a systematic approach which was well suited for the government of Jordan as a developing country. This approach was capable of dealing with the justification issue, evaluation of existing systems and the urgency of replacing legacy systems. This study explored many of the challenges and inherited problems existing in the public sectors of developing

  13. Transport Test Problems for Hybrid Methods Development

    Energy Technology Data Exchange (ETDEWEB)

    Shaver, Mark W.; Miller, Erin A.; Wittman, Richard S.; McDonald, Benjamin S.

    2011-12-28

    This report presents 9 test problems to guide testing and development of hybrid calculations for the ADVANTG code at ORNL. These test cases can be used for comparing different types of radiation transport calculations, as well as for guiding the development of variance reduction methods. Cases are drawn primarily from existing or previous calculations with a preference for cases which include experimental data, or otherwise have results with a high level of confidence, are non-sensitive, and represent problem sets of interest to NA-22.

  14. Social economic and environmental challenges of global energy development

    Energy Technology Data Exchange (ETDEWEB)

    Gvishiani, J.M.; Livchits, V.N.; Orlova, E.R.; Smetanina, M.I.; Zimin, I.N. [Akademiya Meditsinskikh Nauk SSSR, Moscow (Russian Federation)

    1995-12-31

    The Report to the Moscow International Energy Club `Energy and Society: New Challenges for Mankind`, and this presentation aim to invite the world community to debate the current social development problems through a system investigation of the processes going on in one of the crucial areas, supporting humanity`s existence - i.e. the energy sector of economy - with regard to the intimate inter-relationship and interdependence between energy and society. Special emphasis is placed on the inter-related development of society and energy systems with a specific focus on global and universal socio-economic problems such as: uneven socio-economic growth in different countries; substantial differences in availability of natural resources; growing population and changes in demographic structure; considerable differentiation in food supply in different countries and regions; increasing environmental degradation; aggravating ethnic conflicts; stockpiling of weaponry (including nuclear weapons), their proliferation across the world and a market contribution to the ever greater tensions in a number of regions; alterations in morality, ethics and value systems. The aggravation of these problems, the frequently menacing metamorphoses thereof can, in effect, be viewed as challenges to humanity requiring swift and non-trivial decisions, adequate responses and immediate coordinated actions on the part of the world community as a whole. Whilst being commonplace, the problems listed must be treated somewhat differently at present due to the essential uniqueness of the modern global situation and the current social processes. The essential uniqueness of the modern global situation and the current social processes. The principal parts of this paper describes the concept of energy-society relationship analysis and its applications in investigating the cross-impact loops: society-energy and energy-society. (author) 15 refs.

  15. ESTABLISHING DEPENDENCE OF "SUPERCYCLES" AND PROBLEMS OF DEVELOPMENT OF THE DOMESTIC SOCIOECONOMIC MODEL

    OpenAIRE

    TOLSTOBROVA N.A.; OSIPOVA M.Y.; TOLSTOBROV D.A.

    2015-01-01

    Under the conditions of exacerbation of the crisis, problems of managing cyclic development of the Russian socioeconomic system are gaining special importance as it is necessary not only to level various crisis tendencies, but also to foster accelerated transition of the system to a new stage of development. The article presents the results of research into the conditions of formation of the resource-based model of economic development in Russia, as well as the problems of the economic enviro...

  16. Sustainable Economic Development: The Main Principles and the Basic Equation

    OpenAIRE

    DMIRTY CHISTILIN

    2010-01-01

    This work offers system and information content of the following economic categories: development, sustainable economic development. The author has formulated the fundamental principles of sustainable development: the principle of minimum resource dissipation and the equation of self-organization, the law of conserving the economic potential of a social system. The basic equation of development has been formulated. The model of sustainable development is viewed on the basis of the equation.

  17. What Lies beyond the Romania’s Economic Development

    Directory of Open Access Journals (Sweden)

    Monica Raileanu-Szeles

    2011-12-01

    Full Text Available This paper analyzes the dynamic of economic development in Romania, underlying the steps already made by Romania on the way of economic development, as well as the causes of the
    slowness of this long term process. Four dimensions of the economic development are particularly analyzed here, i.e. the GDP, health, education and income inequality, with a great emphasis on the per capita GDP dynamic. The paper also looks at two contemporary challenges of Romania with a considerable impact on economic development – the progress made in the process of EU funds absorption and the income polarization, which is at present a matter of concern for the whole EU. The components of Romania’s economic development are presented in comparison with those of the New Member States.
    Keywords: economic development, economic growth, Gini.

  18. The Financial and Economic Crisis and Developing Countries

    Directory of Open Access Journals (Sweden)

    Bruno Gurtner

    2010-03-01

    Full Text Available Developing countries were hit hard by the financial and economic crisis, although the impact was somewhat delayed. Every country had different challenges to master. The closer the developing countries are interconnected with the world economy, the crasser the effects. And the incipient recovery that is becoming noticeable is, for the time being, restricted to only a few countries and regions.The crisis was transmitted primarily by trade and financial flows forcing millions back into poverty. Attainment of the Millennium Development Goals is seriously jeopardised in many countries. Many developing countries did not and do not have the resources to stimulate the economy and protect their socially disadvantaged populations to the same extent as the industrialised countries. However, many countries have made considerable efforts to mitigate the effects. Developing countries have also increased their cooperation with one another and are urgently demanding a greater voice in global economic affairs.The industrialised countries are for the most part more concerned with their own problems. Their readiness to provide more extensive aid is limited. They are under pressure from the international institutions to relax their previous dominance in favour of the increasingly strong emerging countries. A shift in power and influence that was already noticeable before the financial crisis is deepening.

  19. Economic impact of corrosion and scaling problems in geothermal energy systems

    Energy Technology Data Exchange (ETDEWEB)

    Shannon, D.W.

    1975-01-01

    Corrosion and scaling problems have a significant impact on geothermal plant economics. A power plant must amortize the capital investment over a 20-year period and achieve satisfactory operating efficiency to achieve financial success. Corrosion and scale incrustations have been encountered in all geothermal plants, and to various degrees, adversely affected plant life times and power output. Using published data this report analyzes known geothermal corrosion and scaling phenomena for significant cost impacts on plant design and operation. It has been necessary to speculate about causes and mechanisms in order to estimate impacts on conceptual geothermal plants. Silica is highly soluble in hot geothermal water and solubility decreases as water is cooled in a geothermal power plant. Calculations indicate as much as 30,000 tons/year could pass through a 100 MWe water cycle plant. The major cost impact will be on the reinjection well system where costs of 1 to 10 mills/kwhr of power produced could accrue to waste handling alone. On the other hand, steam cycle geothermal plants have a definite advantage in that significant silica problems will probably only occur in hot dry rock concepts, where steam above 250 C is produced. Calculation methods are given for estimating the required size and cost impact of a silica filtration plant and for sizing scrubbers. The choice of materials is significantly affected by the pH of the geothermal water, temperature, chloride, and H{sub s} contents. Plant concepts which attempt to handle acid waters above 180 C will be forced to use expensive corrosion resistant alloys or develop specialized materials. On the other hand, handling steam up to 500 C, and pH 9 water up to 180 C appears feasible using nominal cost steels, typical of today's geothermal plants. A number of factors affecting plant or component availability have been identified. The most significant is a corrosion fatigue problem in geothermal turbines at the Geyser

  20. Internet Multi-Homing Problems: Explanations from Economics

    Science.gov (United States)

    Clayton, Richard

    Companies seeking to ensure that their Internet connection is resilient often purchase services from multiple providers. This leads them inexorably towards having their IP address range visible in the global routing table, increasing the resource usage of every Internet router. Since this is essentially ‘free', yet impacts the cost and stability of every router in the world, this is a classic ‘tragedy of the commons'. There is little prospect of change in the IPv4 world, but there is a chance to fix the problem as IPv6 is rolled out. Unfortunately, SHIM6, the engineering solution chosen to solve this issue in IPv6, will only be effective if universally adopted, and there are no short-term incentives to prefer SHIM6 over a duplication of the IPv4 arrangements. Incentives could be artificially introduced by requiring payment for adding multi-homed address space to the global routing table — a naïve estimate of the actual cost being 77 000 per routing prefix. However, it would be almost impossible to ensure the substantial revenues involved are correctly redistributed to those bearing the costs.

  1. On the Essential Multidimensionality of an Economic Problem: Towards Tradeoffs-Free Economics

    OpenAIRE

    Zeleny, Milan

    2009-01-01

    The foundation of welfare economics is the assumption of Pareto-efficiency and its concept of tradeoffs. Also the production possibility frontier, efficiency frontier, nondominated set, etc., belong to the plethora of tools derived from the Pareto principle. The assumption of tradeoffs does not address the issue of system design or redesign in order to reduce or eliminate tradeoffs as a sure characteristic of suboptimal, inefficient system configuration. In this paper we establish that tradeo...

  2. Rural Economic Development: Policy Implementation in Nigeria

    Directory of Open Access Journals (Sweden)

    Francis C. Alinno

    2013-02-01

    Full Text Available The rural society has been imperative in the supply of both humans and materials required by various sectors of every economy. But successive authorities are predisposed to neglect If not relegate to the background this goose that lays the golden egg in terms of sustenance and development. Oftentimes policies initiated for its development is not adequately and effectively implemented. Therefore, this paper is an attempt at acceptable mechanism for developing and implementing policies for rural emancipation. The paper adopted the exploratory research approach involving the use of secondary source with minimal primary source to generate data through questionnaire and interview guide. The paper observes that the problem is not the lack of effective policy/programme initiation and formulation but the dearth of the political will to implement; high incidence of corruption; complete absence of purposive leadership; misguided and misdirected priority; placing the wrong person at the strategic position; inconsistency and absent of continuity in policy/programmes implementation in government affairs. For a way out amongst others, involvement of the benefiting rural/urban communities in monitoring the implementation of programmes or project execution in their domain is important while avoiding the pitfall of role conflict in policies and programmes formulation cum implementation.

  3. Toward Development of a New Health Economic Evaluation Definition

    OpenAIRE

    Botchkarev, Alexei

    2016-01-01

    Economic evaluation is a dynamically advancing knowledge area of health economics. It has been conceived to provide evidence for allocating scarce resources to gain the best value for money. The problem of efficiency of investments becomes even more crucial with advances in modern medicine and public health which bring about both improved patient outcomes and higher costs. Despite the abundance of literature on the economic evaluation concepts, some key notions including the definition of the...

  4. NEW DEVELOPMENTS IN COVERAGE OF ECONOMIC PERFORMANCE

    Directory of Open Access Journals (Sweden)

    Ioan Beudean

    2012-01-01

    Full Text Available The absence of consensus in definition and economic assessment performance does not take as linguistic valences of the concept as such, as the system of diverging interests of its contents. Can be felt in the case of this major economic concept as well as other economic categories, the power influence of different interveners (not necessarily from know better ones, which will determine and impose the dominant message. Current financial capital, created and imposed an obviously own vision about performance that would serve its interests.

  5. Model Development of Isan Country Song Compositions for Economic, Social and Cultural Value-Added

    OpenAIRE

    Nipinth Suwanrong; Khaentaphon Samdaengdech; Thaksina Krairach

    2010-01-01

    Problem statement: Country Song was related to history, society, culture and economic. The objectives of this study were: (1) the historical background in composing the Isan Country Song, (2) the current situation and problem of composing style of Isan Country Song and (3) the development of composing pattern the Isan Country Song for elevating the economic value. Approach: The research area consisted of Isan Region including Chiaya Phume, Ubon Rachatani, Amnat Charoen and Sri-Sa-ket Province...

  6. An Analysis of Current Situation of Industrial Land Use in Chizhou Economic and Technological Development Zone

    Institute of Scientific and Technical Information of China (English)

    Xiangdong; ZHU; Zhongxiang; YU

    2015-01-01

    This paper analyzes the current situation of industrial land supply,use and structure and industry pattern in Chizhou Economic and Technological Development Zone,and selects 83 typical enterprises which can reflect the comprehensive industrial land utilization within this zone and the problems in economical and intensive utilization,to carry out the evaluation of economical and intensive utilization of industrial land. Based on the evaluation results,we find the problems in industrial land use and set forth corresponding recommendations in order to provide a reference for the future sustained land use in the development zone.

  7. CONCEPTUAL MODEL OF MANAGEMENT STEADFAST ECONOMIC DEVELOPMENT PRODUCTION-ECONOMIC SYSTEMS

    OpenAIRE

    Prokhorova, V.

    2010-01-01

    The article is devoted developments of conceptual model of management proof economic development of the industrialeconomy systems. Features are certain, the algorithm of impulse is offered and intercommunication of contours of management proof economic development of the industrialeconomy systems is investigational

  8. Socio-economic development of northern regions of Russia

    Directory of Open Access Journals (Sweden)

    Yusif Alimovich Gadzhiev

    2011-09-01

    Full Text Available This paper reviews the characteristics and trends of socio-economic development of northern regions. To assess the socio-economic differentiation, groups of 21 primary indicator were selected (five economic, three financial, eleven social and two spacial. With the help of the statistical characteristics, the degree of economic and social divergence and convergence of the territories is determined. On the basis of principal component factor analysis and Ward's hierarchical cluster analysis, four groups of regions in terms of socio-economic development were identified - highly developed, developed, underdeveloped and problematic. A meaningful characterization of these clusters, which allows differential regulation of the development in the northern regions, is given. With respect to each type is necessary to develop a focused state regional policy in order to soften the uneven development and improve social and economic development of northern regions.

  9. Staff Development in Problem-based Learning.

    Science.gov (United States)

    Murray, Ian; Savin-Baden, Maggi

    2000-01-01

    Argues that, for problem-based learning (PBL) to succeed, a sound program of staff development is required and describes the introduction of PBL into Nursing and Midwifery curricula at the University of Dundee (Scotland) including key components and evaluatory evidence to support its efficacy. (DB)

  10. THE IMPORTANCE OF THE ECONOMIC SECTOR IN LOCAL DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    GAL ALIN-MIHAI

    2010-12-01

    Full Text Available the economic sector plays an important role in the development of the local economy. Local economic development is also a continuous and complex process of planning and implementing strategic programmes and sustainable development policies for the purpose of improving the quality of life of the entire local community by diligently using local resources, may they be human or financial. Also, this article contains a description of the principles of local development, of the actors, factors and sources of local economic development and of their role in the process of planning, elaborating and implementing the strategies for local economic development, as well as a description of the monitoring and evaluation mechanisms.

  11. Financial Development and Economic Growth: A Panel Data Approach

    Directory of Open Access Journals (Sweden)

    Nuno Carlos LEITÃO

    2010-10-01

    Full Text Available The relationship between financial development and economic growth has been studied long time in economics (Adam Smith and Schumpeter. Structural reforms and the integration of financial markets have been attracting the interest of the academic community. This manuscript examines the link between financial development and economic growth. The European Union Countries (EU-27, and BRIC (Brazil, Russia, India and China were examined, between 1980 and 2006. Using a static and dynamic panel data approach, the results demonstrate that the financial development contribute to economic growth. Our study also consider productivity and trade, these proxies confirm the positive effect on economic growth.

  12. Pension Systems Development Problems in Latvia

    OpenAIRE

    Voļskis, Edgars

    2008-01-01

    Edgars Volskis promotion paper „Pension System’s Development Problems in Latvia” analyses the theoretical aspects of establishment of pension systems, observes mechanisms of financing of pension budget and its sources, aspects of establishment and execution of the pension budget. There are also analysed main milestones of development of Latvian pension system from date of regaining of the independence until the completion moment of the latest reform of pension system. Second chapter of the wo...

  13. The Impact of Economic Development on Higher Education in China

    Institute of Scientific and Technical Information of China (English)

    FengyuWang; CodyS.Ding

    2004-01-01

    Higher education is not only directly dependent on economic development, but may also make a great contribution to economic development. The development of China's economy has made a great difference in the scope of higher education, including expansion of higher education institutions, improvement of the quality of the institutions, and promoting reform of educational systems. This article discusses the recent development in these three areas as the consequence of economic changes in China.

  14. Cultural diversity, economic development and societal instability

    Science.gov (United States)

    Nettle, D.; Grace, J.B.; Choisy, M.; Cornell, H.V.; Guegan, J.-F.; Hochberg, M.E.

    2007-01-01

    Background. Social scientists have suggested that cultural diversity in a nation leads to societal instability. However, societal instability may be affected not only by within-nation on ?? diversity, but also diversity between a nation and its neighbours or ?? diversity. It is also necessary to distinguish different domains of diversity, namely linguistic, ethnic and religious, and to distinguish between the direct effects of diversity on societal instability, and effects that are mediated by economic conditions. Methodology/Principal Findings. We assembled a large cross-national dataset with information on ?? and ?? cultural diversity, economic conditions, and indices of societal instability. Structural equation modeling was used to evaluate the direct and indirect effects of cultural diversity on economics and societal stability. Results show that different type and domains of diversity have interacting effects. As previously documented, linguistic ?? diversity has a negative effect on economic performance, and we show that it is largely through this economic mechanism that it affects societal instability. For ?? diversity, the higher the linguistic diversity among nations in a region, the less stable the nation. But, religious ?? diversity has the opposite effect, reducing instability, particularly in the presence of high linguistic diversity. Conclusions. Within-nation linguistic diversity is associated with reduced economic performance, which, in turn, increases societal instability. Nations which differ linguistically from their neighbors are also less stable. However, religious diversity between, neighboring nations has the opposite effect, decreasing societal instability.

  15. Cultural diversity, economic development and societal instability.

    Directory of Open Access Journals (Sweden)

    Daniel Nettle

    Full Text Available BACKGROUND: Social scientists have suggested that cultural diversity in a nation leads to societal instability. However, societal instability may be affected not only by within-nation or alpha diversity, but also diversity between a nation and its neighbours or beta diversity. It is also necessary to distinguish different domains of diversity, namely linguistic, ethnic and religious, and to distinguish between the direct effects of diversity on societal instability, and effects that are mediated by economic conditions. METHODOLOGY/PRINCIPAL FINDINGS: We assembled a large cross-national dataset with information on alpha and beta cultural diversity, economic conditions, and indices of societal instability. Structural equation modeling was used to evaluate the direct and indirect effects of cultural diversity on economics and societal stability. Results show that different types and domains of diversity have interacting effects. As previously documented, linguistic alpha diversity has a negative effect on economic performance, and we show that it is largely through this economic mechanism that it affects societal instability. For beta diversity, the higher the linguistic diversity among nations in a region, the less stable the nation. But, religious beta diversity has the opposite effect, reducing instability, particularly in the presence of high linguistic diversity. CONCLUSIONS: Within-nation linguistic diversity is associated with reduced economic performance, which, in turn, increases societal instability. Nations which differ linguistically from their neighbors are also less stable. However, religious diversity between neighboring nations has the opposite effect, decreasing societal instability.

  16. A Study on the development of macro environmental economic model(I)

    Energy Technology Data Exchange (ETDEWEB)

    Chung, Young Keun; Han, Min Jung [Korea Environment Institute, Seoul (Korea)

    1998-12-01

    This study is the first year study of the two year research project for developing a macro environmental economic model to analyze environment and economics. By using this model, the economic effects of investment on pollution reduction and on energy conservation are analyzed. Also, a comprehensive modeling of analyzing effects of environmental tax, reduction on greenhouse gas emission, and problems on foreign exchange on environment and economy is a main goal of this study. It is planned to develop a simulation program for the estimation of model and policies using environmental and economic data. 126 refs., 2 figs., 5 tabs.

  17. Economic and geographic factors affecting the development of Greater Baku

    Directory of Open Access Journals (Sweden)

    Vusat AFANDIYEV

    2014-12-01

    Full Text Available Globally, the responsible factors for the ongoing development of urbanization are the high speed of population growth, and the mass migration of humans to cities and large urban areas. In most countries, this process resulted in the emergence of ‘pseudo-urbanization’ which is difficult to be regulated. The purpose of the carried researches to determine the development priorities in the territory of Greater Baku – the capital city of the Republic of Azerbaijan; to define the problems that take place in this connection; and to develop ways of elimination of these problems. The reason of taking Baku as a research area is connected with some of the factors. Firstly, studies on Baku have been conducted based on the Soviet geographical and urban planning school and their methods for a long period. In this regard, it is necessary to carry out research in this field based on the principles adopted in most countries. Secondly, since 1992, the intensive accumulation of population in the territory of the capital city and the surrounding areas is being observed because of socio-economic problems. As a result, the process of pseudo-urbanization intensified, entailing a densely-populated area. Thirdly, low-rise buildings still continue to exist in the large areas within the territory of Baku, and they are not associated with the functional structure of the city. This situation creates many challenges, particularly in terms of density growth and effective use of the city’s territory. Finally, numerous new buildings have been constructed in the residential areas of Baku in recent years, and this may entailserious problems in water supply, energy provision, and utilities. The study is carried out referring to previous works of researchers, statistic data, and the results of the population census conducted in 1959-2009.The practical significance of the scientific work is that positive and negative factors affecting the further development of Greater Baku

  18. Economic and Human Resource Development: Challenges of the 90s.

    Science.gov (United States)

    Ellison, Nolen M.

    A discussion is presented of the roles of economic and human resource development in a changing economy and society. Introductory material considers the economic changes taking place in society and argues that strategies for economic redevelopment and revitalization must explicitly incorporate strategies for partnership building related to work…

  19. Economic Growth and Development in the Undergraduate Curriculum

    Science.gov (United States)

    Acemoglu, Daron

    2013-01-01

    A central theme of this article is that economics instructors should spend more time teaching about economic growth and development at the undergraduate level because the topic is of interest to students, is less abstract than other macroeconomic topics, and is the focus of exciting research in economics. Facts and data can be presented to…

  20. MALAYSIA'S ECONOMIC GROWTH AND DEVELOPMENT: CHALLENGES AND THE WAY FORWARD

    OpenAIRE

    EU CHYE TAN

    2014-01-01

    The paper reviews the economic growth and development experience of Malaysia since her early independence years against the major economic policy initiatives that she has undertaken over the years. It then tries to link those policy initiatives to the various economic growth theories. Subsequently, it dwells upon the various challenges faced by Malaysia to join the ranks of high income nations.

  1. Hidden trends of economic development of Ukraine industry

    Directory of Open Access Journals (Sweden)

    Ivanova Marina

    2016-04-01

    Full Text Available A retrospective analysis of the authors’ studies on technological development problems and industrial production efficiency in Ukraine is held. It has been proved that the industrial enterprises efficiency is not just low, but there is not even technological development foundation in the economic mechanism of their functioning. It is shown that the greatest increase in the innovative products sales volume is achieved due to investment in the external knowledge acquisition and the least profitableactivity is the purchase of equipment The article suggests the ways to improve the industrial enterprises efficiency and the effectiveness of their innovation activities. It is proved, that the optimization (reduction of investments in the purchase of machinery and equipment and the increase in funding of such directions of innovative activity of industrial enterprises as «The acquisition of external knowledge» may be appropriate.

  2. DECENTRALIZATION AND LOCAL ECONOMIC DEVELOPMENT IN THE KNOWLEDGE SOCIETY

    Directory of Open Access Journals (Sweden)

    Elena, RUSU (CIGU

    2014-11-01

    Full Text Available The sustainable development became a goal for knowledge society, but one of the main question in literature remains as how close is the relationship between economic dvelopment, knowledge society and local governments' level. Given the great diversity of situations and frameworks both across countries and within them in the European Union, I consider that each country must have own policies designed to implement process of decentralization with the commitment of "healthy" economy in a society dominated by the technology and innovation. In this context, the problem occurs in decentralization should be managed on two levels: on the one hand in terms of central-local budgets relations, and on the other hand, in the local public finance structural plan. The paper will try to emphasize the connection between decentralization, local economic sustainable development and knowledge society, taking into account an overview of this three aspects and empirical evidences. In this regard, I will use the background offered by literature and the official statiscal data for analysis to identify the variables which explain decentralization and local economic development in the knowledge society. I estimate the analysis to confirm the hypothesis that there are good aspects, but also deficiencies that require solutions and budgetary policy options as part undisputed positioning local government finance as an engine of development of the whole nation. I consider that the paper can be a useful viewpoint in understanding local public finances in decentralization, which allows researchers to include other sources of information for researching an in a much more complex approach.

  3. After Crisis? The Only Way: Economics for Sustainable Development

    OpenAIRE

    Mestwin Stanislaw Kostka

    2011-01-01

    The aim of the paper is to justify why contemporary economics must be reoriented from the direction of Economic Growth to the direction of Sustainable Development. Human society is at a deadly curve. The Economic crisis is only one slice of Gordon’s Knot of Crises of our Civilization. The Economy is facing system challenges without precedence. Reasons for this situation are different fetishes of present positive and normative economics. The author explores the main aspects of diagnoses, progn...

  4. SUSTAINABILITY OF THE DUBAI MODEL OF ECONOMIC DEVELOPMENT

    OpenAIRE

    Al Shama, Nada

    2014-01-01

    Dubai’s rapid double-digit economic growth was severely challenged by the global financial crisis of 2007, which raised many concerns questioning the sustainability of the Dubai model of economic development and the viability of the emirate’s economic managerial practices. Although the economic landscape of Dubai has experienced a significant transformation over the last two decades, from a basic traditional economy of US $ 17.9 billion in 2001 to a diversified non-oil dependent economy of US...

  5. Do Technological Developments and Financial Development Promote Economic Growth: Fresh Evidence from Romania

    OpenAIRE

    Ur Rehman, Ijaz; Shahbaz, Muhammad; Kyophilavong, Phouphet

    2013-01-01

    We study the relationship between financial development, technological development and economic growth in Romania. We construct aggregate indices of financial development and technological development using principal component analysis. The ARDL bounds testing approach shows the presence of cointegration between financial development, technological development and economic growth. Financial development and technological development contribute to economic growth. Moreover, financial developmen...

  6. Spreading of technological developments in socio-economic systems

    International Nuclear Information System (INIS)

    Complete text of publication follows. Recently, it has been recognized that various aspects of the time evolution of modern socio-economic systems show strong analogies to complex systems extensively studied by physical sciences. During the last decade the application of methods and models of statistical physics provided a novel insight into social and economical problems and led to the emergence of new branches of physical research. In the framework of the present project we proposed a simple cellular automata model of the spreading of new technological developments in socio-economic systems. In our model the socio-economic system is defined in a general sense: the elements/members of the system are called agents, which may be firms or simply individuals. Depending on the meaning of agents, the system under consideration can be a macro-economic system where firms compete with each other, or it can be a society where individuals purchase products of di rent technological level. Technological development occurs such that agents adopt more advanced technologies of their social environment in order to minimize their costs. Technological development due to innovation can be captured in the model as a random external driving. As a first step, we analyzed the basic setup of the model where agents have random technological levels uniformly distributed between 0 and 1 and interact solely with their near- est neighbors in a square lattice without considering external driving. Computer simulations revealed that even under these simplifying assumptions a rather complex behavior of the system emerges: when the most advanced technologies do not provide enough improvement (enough cost reduction) in the system, the agents tend to form clusters of di rent technological levels where even low level technologies may survive for a long time. At intermediate values of the advantage provided by the new technologies, the global technological level of the society improves, however, it

  7. Peace, petroleum and economic development in the Middle East

    International Nuclear Information System (INIS)

    The first obstacle which is still on the way to lead to a durable peace is the issue of negotiations between Israel and Syria and Lebanon, but it is only a question of time. Arab and Israeli people make relations in all kind of areas: industry, agriculture, finances, tourism, trade. Hope of economic development were well illustrated by big projects such roads and trains networks, interconnection of electric networks. An important challenge to realize these works is to collect the money which is necessary to their realization; the project of a bank for the development in the middle east, helped by Usa, is not welcome for arab countries of the Gulf. They think a new bank is not necessary but in reality they are afraid that the loans give profits only to Israeli people. In the same time, it does not seem possible to increase the petroleum prices when Opec and non Opec countries disagree and Usa and industrialized countries are not disposed to pay more for their energy; finally if the peace is necessary to allow an economic development in this area, it is not sufficient to solve the poverty problem, frustrations and social tensions, which are now the principle menaces in this area for the policy stability

  8. The Impact of the Economic Transition on the Development of Economic Freedom – Case of Poland

    Directory of Open Access Journals (Sweden)

    Anna Stepniak-Kucharska

    2015-06-01

    Full Text Available The changes in the Polish socio-economic system, initiated at the turn of 1989 and 1990, led to a systematic increase in the liberalization of economy and thereby the rise of the level of economic freedom. The aim of this paper is to examine the impact of the economic transition on the development of economic freedom in Poland. The analysis, carried out in the period 1995-2015, was conducted on the basis of the chain-linked Economic Freedom Index by the Fraser Institute and the Index of Economic Freedom of the Heritage Foundation and the Wall Street Journal. The analysis indicates that: (1 Poland cannot be considered as a country that is fully free economically, but the transition of its economic system has resulted in a rapid growth of economic freedom. (2 The impact of transition varies for different areas (sub-indices of the economy. (3 The European economic integration stimulated the increase of EFI, but the economic crisis did not decrease the level of economic freedom.

  9. Entrepreneurship, State Economic Development Policy, and the Entrepreneurial University

    OpenAIRE

    Audretsch, David B; Ronnie J. Phillips

    2007-01-01

    In this paper, we discuss the nature of the university-industry relationship and recommend specific policies to help achieve the goal of greater economic growth. We argue that state-supported research universities can be used to integrate entrepreneurship into state economic development and incubate entrepreneurial companies. Regional entrepreneurship policy is a new strategy that regards economic development as a process that goes from supporting research and development to creating and grow...

  10. ECONOMIC POTENTIAL AND POTENTIAL OF THE ECONOMIC DEVELOPMENT OF THE ENTERPRISE TO PARTICULARITIES AND DEFECT

    OpenAIRE

    Bazhanova, O.

    2010-01-01

    In article the critical analysis of concepts "potential", „economic potential” is resulted, the concept "development" is specified, attempts of ordering of theoretical approaches to definition of the maintenance of concept «potential of economic development of the enterprise» are undertaken.

  11. Application of the Firefly Algorithm for Solving the Economic Emissions Load Dispatch Problem

    Directory of Open Access Journals (Sweden)

    Theofanis Apostolopoulos

    2011-01-01

    Full Text Available Efficient and reliable power production is necessary to meet both the profitability of power systems operations and the electricity demand, taking also into account the environmental concerns about the emissions produced by fossil-fuelled power plants. The economic emission load dispatch problem has been defined and applied in order to deal with the optimization of these two conflicting objectives, that is, the minimization of both fuel cost and emission of generating units. This paper introduces and describes a solution to this famous problem using a new metaheuristic nature-inspired algorithm, called firefly algorithm, which was developed by Dr. Xin-She Yang at Cambridge University in 2007. A general formulation of this algorithm is presented together with an analytical mathematical modeling to solve this problem by a single equivalent objective function. The results are compared with those obtained by alternative techniques proposed by the literature in order to show that it is capable of yielding good optimal solutions with proper selection of control parameters.

  12. The Impacts of Water Pollution on Economic Development in Sudan

    OpenAIRE

    Mohamed, Issam A.W.

    2010-01-01

    Water pollution is a chronic crisis in Sudan that is rarely researched. However, it is combined with scarcity, disputes and uncertainty. In The current paper we introduce its concepts with emphasis on the growing problems of pollution combined with scarcity. A Case study of the growing problem of pollution is introduced and analyzed using economic parameters.

  13. Psychosocial development and the development of problem behaviour during adolescence

    NARCIS (Netherlands)

    Ezinga, Menno Arnold Jan

    2008-01-01

    To what extent does psychosocial development have an effect on problem behaviour development? And does the effect of this development of psychosocial maturity differ for boys and girls? This thesis focuses on answering these questions. The research that is presented aims to identify relations in le

  14. Solving the Problems of Physical and Economic Accessibility of Foodstuff in the Region by Means of AIC State Regulation

    Directory of Open Access Journals (Sweden)

    Babich Tatyana Vladimirovna

    2015-09-01

    Full Text Available The article deals with the physical and economic accessibility to foodstuff in the region. The effects of economic sanctions are analyzed, the main types of risks of the domestic agricultural producers’ competitiveness are described, and the methods of their reduction are identified. The concept of food security in terms of physical and economic accessibility is considered. The analysis of the Volgograd region data on the development of agricultural production let conclude that there is the problem of ensuring the physical availability of foodstuff in the region. The state regulation of agricultural production is identified as an important factor of food security in the modern world. The authors identified the basic problems of agricultural production, including the problem of irrigation, economic accessibility of food products, depreciation of fixed assets, the use of obsolete and resource-intensive technologies of production, decline in qualification level of staff employed in the industry, underfunding of agricultural science, low competitiveness of agricultural and food policy. Moreover, in the current situation the further growth of food prices and reduced purchasing power of the population, as a result of inflation, would further reduce the economic affordability of food and decrease food security in the region and in the country, as a whole. As a result, аs part of the solution to the problem of providing physical and economic access to food, the authors offered and proved complex measures on improving state regulation of agro-industrial complex. These measures include conducting large-scale works on restoration of the complex reclamation of the region; implementation of technical and technological modernization of agriculture, food industry and agrobusiness production services; formation of the system of professional agricultural education; formation of modern social infrastructure in rural areas; development of the program of food

  15. SUSTAINABLE DEVELOPMENT OF ECONOMIC COMPETITIVENESS THROUGH INTELLECTUAL PROPERTY RECOVERY

    OpenAIRE

    Gabriel I. NĂSTASE; Dragoş Ionuţ G. Năstase

    2011-01-01

    The research and development and innovation, which is a crucial strategic component for economic development and social progress, is closely related to this field. Thus, science, technology and innovation are areas that consistently generate breakthrough, ensuring sustainability of future development and economic competitiveness of Romania.

  16. New Directions in Development Economics: Theory or Empirics? A Symposium in Economic and Political Weekly

    OpenAIRE

    Banerjee, Abhijit; Bardhan, Pranab; Basu, Kaushik

    2005-01-01

    In May 2004 a conference was held at Cornell University entitled “75 Years of Development Research.”.1 Apart from the usual array of theoretical and empirical papers on development, a number of panels took stock of the state of development economics and discussed a range of methodological issues. One commentary that stood out in the challenge it posed to the current state of development economics was, “Is there Too Little Theory in Development Economics Today?” by Dilip Mookherjee. He answere...

  17. Some social and economic problems, tasks and purposes of nuclear power in Russia

    International Nuclear Information System (INIS)

    The complicated economic situation in Russia in power generation is manifested in a low efficiency of power utilization and in reduction of its generation and mining of energy resources. Primary energy production per capita in Russia is approximately 50% higher than on the average for Western Europe and approximately the same amount of electric power is generated. But per unit value of gross domestic product (GDP) its consumption is 3.0 and 2.7 times higher, respectively. Amount of diverse pollutants release to the atmosphere per GDP unit value is about 3.0 times higher. Restructuring of Russian economy and modernization of its power generation, which is also a matter of international community concern, will improve these indices, though it will require a lot of time and expenses. A number of aspects should be emphasized: (1) energy policy is to be considered in the context of general economic situation, as well as a key element for solving long-term social problems and base of Russia integration into the world economy; (2) comparatively large resources of fossil fuel are to be considered as national wealth and, strategically, reduction of their consumption for energy generation and export purposes should be envisaged; (3) reactor technologies, that do not rule out potentiality of recurrence of the gravest accidents (reactivity type accidents and the ones involving loss of coolant), can not be put at the foundation of large-scale NP; (4) conditions of nonproliferation that are in use now failed to prevent nuclear weapons propagation to new states and should be replaced by more effective ones; (5) for a country, where NP share in fuel and energy balance is slightly above 3%, not solely evolutionary course of development is feasible; (6) expanding scale of high-level wastes disposal is unacceptable in principle; (7) radical solution of growing ecological problems all over the world, including global warming of climate, is unthinkable without NP development

  18. Economic development peace and international law

    NARCIS (Netherlands)

    Verwey, Willem Dirk

    1972-01-01

    A strategy of global welfare, realized through global co-operation, would decrease the opportunity of exploiting economic assistance as a political medium in the Cold War. It has proved to be little helpful to try to prevent interventionary practices by means of solemn Declarations forbidding politi

  19. Welfare Reform and Black Women's Economic Development

    Science.gov (United States)

    Alfred, Mary V.

    2007-01-01

    In 1996, the United States Congress passed the Personal Responsibility and Work Opportunity Reconciliation Act, placing emphasis on individuals to take responsibility for separating themselves from governmental dependence by becoming economically self-sufficient through employment. Using a qualitative approach, this study explored the experiences…

  20. Investment factor of economic development in Uzbekistan

    Directory of Open Access Journals (Sweden)

    Ravshan Yuldashev

    2010-06-01

    Full Text Available Introducing anti-crisis program and maintenance of high investment activity in Uzbekistan were among core factors of tackling with global crisis pressure. However, the high investment dynamics bears a threat of economic “overheating” and decrease of investment process effectiveness. Then, it can be neutralized by use of principles and tools of comprehensive innovation management.

  1. FINANCIAL DEVELOPMENT, INSTITUTIONS AND ECONOMIC POLICY – PANEL DATA EVIDENCE

    Directory of Open Access Journals (Sweden)

    Filippidis Ioannis

    2013-07-01

    Full Text Available In recent years significant researches have been done to identify what are the determinants of financial development. With regard to this outline, the main objective is to investigate the effect of economic, political and social dimension of institutional quality, as well as the effect of political and macroeconomic factors on financial development. More specifically, the present work aims to contribute to the relevant literature in the following ways: i in the econometric front, we employ dynamic panel techniques, that allow for heterogeneity among variables, avoiding the known problems of traditional techniques. More specifically, we employ the “system GMM” estimator developed by Arellano and Bover (1995, and Blundell and Bond (1998, controlling for endogeneity among variables; ii we disentangle into economic, political and social institutional quality in order to quantify the effect of institutions on financial development and check the robustness of our results; iii in the same logic, we decompose our measure of financial openness into equity- and loan-related foreign assets and liabilities in order to assess whether the hoarding of risky vs. riskless assets or the accumulation of equity vs. debt liabilities affect the development of domestic financial institutions; and iv to control for a potential bias among variables, we include a large set of information, which covers all the spectrum of possible effects on finance, giving emphasis on political factors and government policies. Our main finding from the regression analyses is a robust empirical relationship from institutions to financial development, a result consistent with most empirical studies. Also, we find a stronger effect from economic institutions to banking sector development and from political institutions to stock market development. Regarding the trade and finance link, we find that openness has a much stronger association with bank-based finance than with stock market

  2. An Attempt to Assess the Quantitative Impact of Institutions on Economic Growth and Economic Development

    Directory of Open Access Journals (Sweden)

    Próchniak Mariusz

    2014-10-01

    Full Text Available This study aims at assessing to what extent institutional environment is responsible for worldwide differences in economic growth and economic development. To answer this question, we use an innovative approach based on a new concept of the institutions-augmented Solow model which is then estimated empirically using regression equations. The analysis covers 180 countries during the 1993-2012 period. The empirical analysis confirms a large positive impact of the quality of institutional environment on the level of economic development. The positive link has been evidenced for all five institutional indicators: two indices of economic freedom (Heritage Foundation and Fraser Institute, the governance indicator (World Bank, the democracy index (Freedom House, and the EBRD transition indicator for post-socialist countries. Differences in physical capital, human capital, and institutional environment explain about 70-75% of the worldwide differences in economic development. The institutions-augmented Solow model, however, performs slightly poorer in explaining differences in the rates of economic growth: only one institutional variable (index of economic freedom has a statistically significant impact on economic growth. In terms of originality, this paper extends the theoretical analysis of the Solow model by including institutions, on the one hand, and shows a comprehensive empirical analysis of the impact of various institutional indicators on both the level of development and the pace of economic growth, on the other. The results bring important policy implications.

  3. Multiobjective scatter search approach with new combination scheme applied to solve environmental/economic dispatch problem

    International Nuclear Information System (INIS)

    The environmental/economic dispatch (EED) is an important daily optimization task in the operation of many power systems. It involves the simultaneous optimization of fuel cost and emission objectives which are conflicting ones. The EED problem can be formulated as a large-scale highly constrained nonlinear multiobjective optimization problem. In recent years, many metaheuristic optimization approaches have been reported in the literature to solve the multiobjective EED. In terms of metaheuristics, recently, scatter search approaches are receiving increasing attention, because of their potential to effectively explore a wide range of complex optimization problems. This paper proposes an improved scatter search (ISS) to deal with multiobjective EED problems based on concepts of Pareto dominance and crowding distance and a new scheme for the combination method. In this paper, we have considered the standard IEEE (Institute of Electrical and Electronics Engineers) 30-bus system with 6-generators and the results obtained by proposed ISS algorithm are compared with the other recently reported results in the literature. Simulation results demonstrate that the proposed ISS algorithm is a capable candidate in solving the multiobjective EED problems. - Highlights: ► Economic dispatch. ► We solve the environmental/economic economic power dispatch problem with scatter search. ► Multiobjective scatter search can effectively improve the global search ability

  4. The Idea of National HRD: An Analysis Based on Economics and Theory Development Methodology

    Science.gov (United States)

    Wang, Greg G.; Swanson, Richard A.

    2008-01-01

    Recent human resource development (HRD) literature focuses attention on national HRD (NHRD) research and represents problems in both HRD identity and research methodology. Based on a review of development economics and international development literature, this study analyzes the existing NHRD literature with respect to the theory development…

  5. Longitudinal relationship between economic development and occupational accidents in China.

    Science.gov (United States)

    Song, Li; He, Xueqiu; Li, Chengwu

    2011-01-01

    The relativity between economic development and occupational accidents is a debated topic. Compared with the development courses of both economic development and occupational accidents in China during 1953-2008, this paper used statistic methods such as Granger causality test, cointegration test and impulse response function based on the vector autoregression model to investigate the relativity between economic development and occupational accidents in China from 1953 to 2008. Owing to fluctuation and growth scale characteristics of economic development, two dimensions including economic cycle and economic scale were divided. Results showed that there was no relationship between occupational accidents and economic scale during 1953-1978. Fatality rate per 10(5) workers was a conductive variable to gross domestic product per capita during 1979-2008. And economic cycle was an indicator to occupational accidents during 1979-2008. Variation of economic speed had important influence on occupational accidents in short term. Thus it is necessary to adjust Chinese occupational safety policy according to tempo variation of economic growth.

  6. New Institutional Economics and Economic Development of the Republic of Kosovo

    Directory of Open Access Journals (Sweden)

    Mejdi Bektashi

    2015-04-01

    Full Text Available The purpose of this study is the analysis of the new institutional economics according to parameters and criteria that affect the growth and economic development such as free movement of capital, contract enforcement, information costs, risk transfer costs, free competition and their application into practice. Institutional innovation, in terms of establishing more efficient and effective institutions, can only be done if there is support of the whole society, but given the limitations set forth in Kosovo, as possible change of the Constitution, some laws and other internal and external restrictions, the achievement of this goal is difficult. Because of the very specific and serious past, and also very long delay in the process of transformation and transition, the economic development and new institutional economics in Kosovo, according to almost all development indicators has significantly stagnated in comparison with the countries of the European Union and Western Balkans. Economic growth and development implies a very complex and multidimensional process, influencing many factors such as economic, technological, institutional, political, social and cultural. Economic growth depends on political institutions and their capacity to define in a more clear and acceptable way its common goals. Given the political dimension of the capacity of the state, certainly should be considered also the institutional approach of development i.e. political dimensions of the institutions that support economic development.

  7. TAX EVASION THROUGH FICTITIOUS ECONOMIC OPERATIONS, OBSTACLE TO SUSTAINABLE DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    SERGIU-BOGDAN CONSTANTIN

    2016-06-01

    Full Text Available Tax evasion means the avoidance of declaring and paying taxes. The purpose of the research is to identify ways and mechanisms of tax evasion through fictitious economic operations and how this kind o tax evasion can influence sustainable development. The principal methods are researching tax evasion cases investigated by the Romanian authorities responsible for combating this phenomenon, court trials on tax evasion and using the bibliographic references in the field. The data used are obtained through open sources of the authorities specialized in combating tax evasion for the cases made public, the media and also from specialised literature. The principal results are that this type of tax evasion is manifested through transactions with “ghost companies”, with offshore companies and transactions between associated enterprises. The main causes of this problem are: high taxation, corruption, inefficient government and tax authorities, no fiscal education and very hard tax legislation. The consequences are that the state budget is affected, the companies that do business legally are affected and also the final consumers, so Romania will not have economic growth and the quality of life will not improve. The main conclusion is that in order to have sustainable development, tax evasion in general and this kind of tax evasion in particular must be eradicated. The measures that have to be taken are to prevent tax evasion and to tighten controls but without violating taxpayers rights and without making abuses

  8. Strategic and ethical leadership in economical development

    Directory of Open Access Journals (Sweden)

    Nerimane Bajraktari

    2016-07-01

    Full Text Available By a simple analysis, it can be said that ethics includes two components. Firstly, it treats recognition and understanding for right or wrong processes, good or wrong processes, and then it evaluates the action in personal or institutional practice concluding that it’s conducted in the right or wrong way. According to ethicists the one that constitutes an ethical guide, often, the next day arrives to convert in written legal act, in a rule, or liability to be implemented. Values such as: respect, honesty, sincerity, responsibility, that show us how to behave are considered moral values. All views that show how these values are applying are often defined as moral or ethical principles. Managers or leaders of the organization have a leading role during a decision-making process. This is because managerial decision-making is one of the problems which has a greater focus recently. Business decisions have a suspicious behavior, because its success in most cases is measured by the profit, not by the effectiveness of humans. Therefore, managers are those who firstly present unethical behavior, influenced by the situation that they are facing and factors surrounding them. If someone in an organization behaves unethically, it will create a bad image for that organization. It is worth mentioning that the ethical code of the company that arises from the organization has a very important role because it links the personal and organizational ethics. The absence of ethical codes, moral and legal principles, will affect greatly the development of the individual, organization and all sectors of economy.

  9. Ecological versus Economic Objectives: A Public Decision Making Problem in Agricultural Water Management

    OpenAIRE

    Zekri, Slim; Romero, Carlos

    1992-01-01

    The planning of a new in·igated area is a complex problem where a multiplicity of very different criteria (economic, ecological, social, etc.) have to be taken into account. A lexicographic goal programming model capable of handling this multiplicity is formulated. The methodology is applied to the planning of the irrigated lands of the village of Tauste in Arag6n (Spain). An important result generated by the model is the conflict between economic criteria and environmental effects such as "s...

  10. Quantum economics

    Directory of Open Access Journals (Sweden)

    Vukotić Veselin

    2011-01-01

    Full Text Available The globalization is breaking-down the idea of national state, which was the base for the development of economic theory which is dominant today. Global economic crisis puts emphasis on limited possibilities of national governments in solving economic problems and general problems of society. Does it also mean that globalization and global economic crisis points out the need to think about new economic theory and new understanding of economics? In this paper I will argue that globalization reveals the need to change dominant economic paradigm - from traditional economic theory (mainstream with macroeconomic stability as the goal of economic policy, to the “quantum economics“, which is based on “economic quantum” and immanent to the increase of wealth (material and non-material of every individual in society and promoting set of values immanent to the wealth increase as the goal of economic policy. Practically the question is how we can use global market for our development!

  11. Financial Development and Economic Growth: The Case of Nigeria

    OpenAIRE

    Eyo, Kufre Dominic

    2012-01-01

    ABSTRACT: The link between the financial development and economic growth is a widely investigated area in economic literature. Most cross-country studies established a positive relationship between financial development and economic growth pioneered by McKinnon and Shaw (1973). However, empirical research in low income countries, especially in most African and Latin American countries did not support the positive link hypotheses despite the liberalization of their financial markets. This rais...

  12. Economic development and industrial concentration: An inverted U-curve

    OpenAIRE

    Junius, Karsten

    1996-01-01

    This paper sets up an economic geography model to show the endogenous forces that determine the degree of industry concentration in the course of economic development. The model includes centrifugal forces, such as home market effects and access to intermediate suppliers, and centripetal forces, such as demand pull of dispersed resources and congestion effects. Economic development increases the size of the industrial sector in terms of employment relative to the size of the agricultural sect...

  13. Regional competitiveness, economic growth and stages of development

    OpenAIRE

    Robert Huggins; Hiro Izushi; Daniel Prokop; Thopmson Piers

    2014-01-01

    This paper positions the concept of regional competitiveness within theories concerning regional economic growth and stages of economic development. It examines the sources of regional competitiveness encompassing an analysis based on the particular stage of economic development that the nations within which regions are situated have reached. As a means to achieve this, the paper undertakes an empirical analysis of data stemming from the World Competitiveness Index of ...

  14. Global trends of economic diplomacy development under globalization

    OpenAIRE

    O.L. Kanishchenko; O.O. Mamalyga

    2015-01-01

    This article is devoted to global trends of economic diplomacy development in the context of globalization. Among the main factors that influence on the development of instruments of international economic diplomacy important role play political factors. They play key role in determining prospects for economic entities international cooperation and priorities of their business communication with representatives of other political systems. The most important in the political environment analys...

  15. The Relationship between Financial Development and Economic Growth in Qatar

    OpenAIRE

    Abdulla S. Al-Khulaifi

    2013-01-01

    The relationship between financial development and economic growth has attracted a great deal of attention among economists and policy makers alike. The economy of Qatar did not receive much attention in the empirical literature. This study attempts at filling this gap in economic literature, and examines the causal relationship between financial development and economic growth in Qatar for the period 1980-2012. Annual data were used, and the unit root properties of the data set are tested us...

  16. Economic and Environmental Perspectives on Sustainable Agriculture Developments

    OpenAIRE

    Tisdell, Clem

    1995-01-01

    There is a great deal of concern today to ensure that economic development, including agricultural development, is sustainable. It is being increasingly emphasized that this sustainability requires care to be taken of the natural environment. This is because the natural environment is both the source of important resources that support economic activity and an avenue or sink for disposal of wastes from economic activity. Soil and water are for example, important natural resources used in agri...

  17. Water, energy, and economic development towards an integrated regional policy analysis system: Selected background essays

    Science.gov (United States)

    Hardy, R. W.

    1980-12-01

    Background essays for the project: water, energy, and economic development towards an integrated regional policy analysis system are reported. A write up for a preliminary systems dynamic model is included. The following topics are addressed: (1) planning theory; (2) institutional impacts of energy systems (the problem of scale); (3) regional incidence of investment and welfare; (4) innovation in the public sector; and (5) description of a preliminary model for the study of interactions among water, energy, and economic development.

  18. Institutions Without Culture. A Critique of Acemoglu and Robinson's Theory of Economic Development

    OpenAIRE

    Dzionek-Kozłowska, Joanna; Matera, Rafał

    2016-01-01

    Acemoglu and Robinson’s theory presented in their famous Why Nations Fail, and other papers, should be placed among the institutional theories of economic development. Yet the problem is they strongly differentiate their concept from the so-called culture hypothesis, which they reject. This stance is difficult to accept, not only because of the significance of culture-related factors of economic development, but it is also difficult to reconcile with their own model. The aim of this paper ...

  19. Technical and economical problems of decommissioning nuclear power plants (NPP) in Russia

    International Nuclear Information System (INIS)

    The introduction per new century has brought to atomic Engineering many new problems. One of them, which has got a serious urgency, we now shall consider. It is a problem of decommissioning NPP in Russia. By 2014 all maintained nowadays NPP in Russian Federation will develop the regular service life. And all of them on idea should be removed from operation. But, as we understand, in today's difficult economic conditions, to it NPP the procedure of prolongation of service life will be applied, and where it is impossible by virtue of the various reasons, the procedure of translation NPP in nuclear - safe condition and in a mode of a long storage under supervision, before acceptance of the decision about a method and way of financing of a decommissioning will be applied. Possible the following variants will be: use platforms of the old NPP for construction new NPP, or using as burial place NPP. The variant of a decommissioning up to a condition 'green grass' is represented unprofitable because of its dearness. The similar decommissioning was carried out in Japan. Was removed from operation research reactor of a type WWR. The expenses for this method of a decommissioning considerably surpass expenses for a method of a burial place NPP basically because of high cost of dismantle and transportation in long-term storehouses of the 1 contour equipment. The most urgent problem of decommissioning NPP, which developed their regular service life - is financing this final stage of a exploitation cycle of the block. I shall remind, that the financing is carried out from uniform fund of decommissioning. The formation of this fund occurs by deduction 1.3 % of cost of the put electric power to the consumers by all maintained NPP of Russia. The expenditure of this fund is carried on time on some tens years. They are spent for 3 basic stages: preparation to decommissioning NPP, long endurance under supervision, dismantle and burial the NPP equipment. Nowadays on faculty NPP MPEI

  20. DEMOCRATIC PSO ALGORITHM FOR THE ECONOMIC DISPATCH PROBLEM WITH VALVE-POINT EFFECTS

    Directory of Open Access Journals (Sweden)

    SECUI D.C.

    2015-09-01

    Full Text Available This paper presents an optimization algorithm called Democratic Particle Swarm Optimization (DPSO, aiming to solve the economic dispatch problem. The DPSO algorithm is applied in the original version and also in a new version in which it is endowed with the chaotic Sine map (DPSO-Sine algorithm. The performance of DPSO and DPSOSine algorithms is tested on two systems having 13, and respectively 40 generating units. The results show that DPSO and DPSO-Sine have better performances than PSO algorithm and few other optimization techniques used to solve the economic dispatch problem.

  1. The Two-sector Economic Problem Of Persistent Organic Pollution and Baltic Sea Salmon Fisheries

    DEFF Research Database (Denmark)

    Hutniczak, Barbara; Kronbak, Lone Grønbæk

    2011-01-01

    The paper describes the general nature of two-sector environmental and natural resource problems and highlights the issue of two sector models where one sector imposes a one-sided negative externality on the other sector, e.g. the polluting sector causes changes in the economic value of the fishery...... sector. The paper sets up a general social planner model and demonstrates it in simple functional form, using the problem of persistent organic pollution in the Baltic Sea and its effects on the regulation and economic value of the Baltic Salmon. The paper illustrates how a modified golden rule can...

  2. Federal Public Investment Spending and Economic Development in Appalachia

    Science.gov (United States)

    Mencken, F. Carson; Tolbert, Charles M., II

    2005-01-01

    This analysis examines the relationship between federal public investment spending and economic development in the special case of Appalachia. We propose that the effects of federal public investment spending on economic development operate indirectly through private capital accumulation. We use a spatial lag regression model to test our ideas for…

  3. Outward-Oriented Economic Development and the Irish Education System

    Science.gov (United States)

    Barry, Frank

    2014-01-01

    Most studies of the relationship between education and economic development focus on the line of causation running from the former to the latter. The present paper studies how the pattern of Irish development has influenced the structure of the Irish education system. The first section sets out the economic context of late industrialisation within…

  4. Does Islamic Banking Contribute to Economic Development? Evidence from Malaysia

    Directory of Open Access Journals (Sweden)

    Hafas Furqani

    2008-08-01

    Full Text Available Does Islamic banking contribute to the economic development of a country? In what way Islamic banking contribute to the economic development? Are the main question might be asked to examine the viability of Islamic banking to the economic development. This paper attempts to answer those questions by examining the dynamic interactions between Islamic banking and economic development of Malaysia by employing the Cointegration test and Vector Error Model (VECM to see whether the Islamic financial system contributes to the economic development and economic development that contribute to the transformation of the operation of the Islamic financial system in the longrun. We use time series data of total Islamic bank financing (IB financing and real GDP per capita (RGDP, fixed investment (GFCF, and trade activities (TRADE to represent real economic sectors. We found that in the short-run only fixed investment that granger cause Islamic bank to develop for 1997:1-2005:4. Where as in the long-run, there is evidence of a bidirectional relationship between Islamic bank and fixed investment and there is evidence to support ‘demand following’ hypothesis of GDP and Islamic bank, where increase in GDP causes Islamic banking to develop and not vice versa. Islamic banking is also found to have less contribution to the international trade in the form of export and import of goods and services.Keywords: Islamic banking, economic growth, Malaysia, VECM

  5. ROLE OF SOCIAL CAPITAL IN ECONOMIC AND COMMUNITY DEVELOPMENT

    OpenAIRE

    Otto, Daniel M.; Tirmizi, Syed Noor; Ryan, Vern

    2001-01-01

    This research examines the relationship of social capital, measured at the community level, to community and economic development outcomes. We empirically examine the independent influence of social capital on development outcomes as well as social capital's interactive effect with other community characteristics including human capital, economic, and locational factors.

  6. 13 CFR 302.11 - Economic development information clearinghouse.

    Science.gov (United States)

    2010-01-01

    ... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Economic development information... information clearinghouse. Pursuant to section 502 of PWEDA, EDA maintains an economic development information clearinghouse on its Internet Web site at http://www.eda.gov....

  7. A Research-Based Development Economics Course for Undergraduates

    Science.gov (United States)

    Singh, Prakarsh; Guo, Hongye; Morales, Alvaro

    2015-01-01

    The authors present details of a research-based course in development economics taught at a private liberal arts college. There were three key elements in this class: teaching of applied econometrics, group presentations reviewing published and working papers in development economics, and using concepts taught in class to write an original…

  8. Chongqing Economic and Technological Development Area:Community Overview

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    @@ Chongqing Economic and Technological Development Area, for 13 years of development, has made detailed work in building the investment environment, bold job in the management system innovation, full strengths in business recruitment and investment attacting,hard job in cultivating new point of economic growth.

  9. THE RENEWABLE ENERGY PRODUCTION-ECONOMIC DEVELOPMENT NEXUS

    Directory of Open Access Journals (Sweden)

    Gorkemli Kazar

    2014-04-01

    Full Text Available As renewable energy requirements increases, its relation with development is controversial. In this study, by taking human development index for development level, the relationship between renewable electricity net generation values and development has been searched with panel analysis. Study covers two different time periods: 1980-2010 with 5 year data to analyze long term effects and 2005-2010 yearly data for short term effects. Unlike previous studies, energy generation has been taken into consideration for it is thought to be more related with economic development. It is found that in the long run economic development will be leading to renewable energy production, while in the short run there exists a bidirectional causal relationship between renewable energy production and economic development. In addition, the causal relationship between economic development and renewable energy production varies both in the long run and in the short run due to human development level of the countries.

  10. Control of Resources for Economic Development in Food Networks

    DEFF Research Database (Denmark)

    Brink, Tove

    2010-01-01

    The challenge of economic development in the 21st century is linked to innovation. Enabling innovation contains a wide span from the new idea to learning how to provide value through the new idea and continuing to how to control resources to perform at prime. The focus in this paper is set on how...... to control resources for innovation to add value and economic development. This paper reveals how crossing dynamic composite underlying boundaries can have an impact on control of resources for economic development in food networking SMEs .The analyses in this paper shows the broad and significant impact...... of preferences on the control of resources, the significant benefit of oral instructions and the significant negative impact from supervising product quality on economic development in the context of the food networking SMEs. Previous level of knowledge has no significant influence on their economic development...

  11. Tourism and Economic Development: the Beach Disease?

    OpenAIRE

    Mario Holzner

    2010-01-01

    This paper analyses empirically the danger of a Dutch Disease Effect in tourism-dependent countries in the long run. Data on 134 countries of the world over the period 1970-2007 is used. In a first step the long-run relationship between tourism and economic growth is analysed in a cross-country setting. The results are then checked in a panel data framework on GDP per capita levels that allows to control for reverse causality, non-linearity and interactive effects. It is found that there is n...

  12. Economic development and industrial structure - an overview

    Energy Technology Data Exchange (ETDEWEB)

    Nordaas, Hildegunn Kyvik

    1997-09-01

    The essay offers a selective review of central issues related to economic growth. The interrelationship between technological progress, capital accumulation, specialisation and industrial structure is emphasised. It is concluded that, first, there is little evidence that industrial structure plays an independent role in growth. Second, economists have been more successful in explaining the consequence of technological progress than the determinants of technological progress. However, even the consequences are not well understood and there is still a long way to go before general and well-documented policy implications can be drawn. (Author)

  13. Climate Change and Economic Development: A Pragmatic Approach (Invited Lecture)

    OpenAIRE

    John Gowdy; Aneel Salman

    2007-01-01

    Two major problems promise to dominate economic and social policy during the twentyfirst century. These are global climate change and the growing gap between the rich and the poor. Economists are facing these issues at a time when many of the standard tools of economic analysis for example, competitive general equilibrium and the theoretical system that supports it have fallen into disfavour in analysing global issues involving uncertainty and irreversibility. This is both a challenge and an ...

  14. Nuclear power development, safety and environmental problems

    International Nuclear Information System (INIS)

    The current state is described of power production by conventional power plants and the problems of burning fossil fuels are discussed. A survey is presented of the development of world nuclear power production and of the planned construction of nuclear power plants in Czechoslovakia. The questions of the safety of nuclear installations and their environmental impacts in normal operation and in case of accident are outlined. In the analysis of these aspects of nuclear power production the probability data on the potential hazards of operating nuclear reactors as published in the Rasmussen Safety Report are discussed. (O.K.)

  15. Economic development strategies of regions of Russia: system crisis and new economic space

    Directory of Open Access Journals (Sweden)

    Aleksandr Borisovich Gusev

    2013-12-01

    Full Text Available To assess the strength of internal economic space of Russia and the positiveness of the interregional economic relations, the paper investigates the types of economic interaction of federal districts by means of “predator-prey” models. The strategic economic breaks between the European and East parts of the country are revealed. The accelerated economic growth of East part of the country is predicted that will allow to reach about the same volume of Gross Regional Product (GRP as GRP in the European part of Russia by 2020. With the help of model constructions the typology of integration crises of federal districts with each other is revealed: back-to-back paralyzing of economic activity (A crisis; mutual destruction (B crisis; economic indifference (C crisis; transition of a role of «predator» to the economically weak territories (D crisis. Macroeconomic threat and challenge to the territorial integrity of Russia is proved due to the state support of regions of the North Caucasus Federal District without involvement of intro regional sources of economic growth, and due to the accelerated economic development of the Far East Federal District. The limited opportunities of the Ural Federal District to support the national economy during a crisis at the expense of export of energy carriers is concluded. The thesis about the low sensitivity of the economy of Russia to the increase of the oil world prices, and about sensitivity to the negative external economic conditions are reasonable. Estimates of the GRP decrease in Russia at the various levels of decrease in the world prices for oil (up to 50 US dollars for barrel are received and given. The package of measures on response to the threats revealing to the internal economic space and territorial integrity of the country is presented.Keywords: regional economy, regional economic integration, federal districts, “predator-prey” model

  16. Coordinated Economic Development and the Information Network.

    Science.gov (United States)

    Easton, D. K.

    This is a discussion of some of the problems that the Advisory Organization for Gulf Industries (AOGI) will face when it undertakes (1) to organize both an information center (node) that will serve the information needs of the Gulf States of Iraq, Kuwait, Bahrain, Saudi Arabia, Qatar, the United Arab Emirates (UAE) and Oman; and (2) to compile an…

  17. The problems and threats of innovative development of Russian regions

    Directory of Open Access Journals (Sweden)

    Irina Markovna Golova

    2014-03-01

    Full Text Available Based on the analysis of the main indicators of innovative development of the Russian Federation for 2006–2013, the most acute problems and risks impeding the transition economy of Russian regions to the innovative model are revealed. There are problems of a further narrowing of the science sector, the continued reduction of human scientific potential, extremely slow formation of innovation sector, in particular the small increase of the share of innovation active enterprises, as well as volumes of their new products. The article pays particular attention to the tasks of improving regional innovative policy aimed at creating of the conditions for the formation and expanded reproduction of full-cycle innovation, involvement the business sector in the innovation processes, and the correlation between the regions innovation and socio-economic policies.

  18. What is Wrong with Moral Hazard and Adverse Selection Problems in the Conventional Economic Theory

    OpenAIRE

    Bertrand Lemennicier

    2014-01-01

    The purpose of this paper is to challenge the conventional theory of moral hazard and adverse selection. Moral hazard and adverse selection problems in contemporary economic theory are plagued with four major aws: 1) the alleged asymmetrical information between buyer and seller as a problem in the coordination process of the market; 2) the confusion between different concepts or denitions of probability: case or class probabilities, pure subjective beliefs on the occurrence of an event or rel...

  19. Mathematical programming based approaches for classes of complex network problems : economical and sociological applications

    OpenAIRE

    Nasini, Stefano

    2015-01-01

    The thesis deals with the theoretical and practical study of mathematical programming methodologies to the analysis complex networks and their application in economic and social problems. More specifically, it applies models and methods for solving linear and integer programming problems to network models exploiting the matrix structure of such models, resulting in efficient computational procedures and small processing time. As a consequence, it allows the study of larger and more complex n...

  20. Short Communication: Global warming – Problem with environmental and economical impacts

    OpenAIRE

    SHIVANI M. RAI

    2013-01-01

    Rai SM. 2013. Short Communication: Global warming – Problem with environmental and economical impacts. Nusantara Bioscience 5: 101-104. The present article is focused on global warming, which is an important global problem being faced by the humankind. The article discusses about the causes of the global warming, such as green house gases. The earth receives energy from the Sun in the form of solar radiations with small amount of infra red and ultraviolet rays. A part of these radiations is a...

  1. A Study on the Connotation of Regional Economic Development

    Institute of Scientific and Technical Information of China (English)

    Tian; Yu-jia

    2014-01-01

    <正>1.Introduction Regional economic development means mutual development and ever-increasing communication of trade among areas,forming a reasonable tendency of regional division,keeping a high rate increase of overall regional economy as well as

  2. Addressing Economic Development Goals through Innovative Teaching of University Statistics: A Case Study of Statistical Modelling in Nigeria

    Science.gov (United States)

    Ezepue, Patrick Oseloka; Ojo, Adegbola

    2012-01-01

    A challenging problem in some developing countries such as Nigeria is inadequate training of students in effective problem solving using the core concepts of their disciplines. Related to this is a disconnection between their learning and socio-economic development agenda of a country. These problems are more vivid in statistical education which…

  3. Does Stock Market Development Raise Economic Growth? Evidence from Nigeria

    OpenAIRE

    2009-01-01

    This paper investigates whether stock market development raises economic growth in Nigeria, by employing the error correction approach. The econometric results indicate that stock market development (market capitalization-GDP ratio) increases economic growth. The recommendations therein include - removal of impediments to stock market development which include tax, legal, and regulatory barriers; development of the nation's infrastructure to create an enabling environment for where business c...

  4. Guenon-factor of advancing national economic development

    Directory of Open Access Journals (Sweden)

    E.Yu. Yahelskaia

    2014-06-01

    Full Text Available The aim of the article. Modern acceleration of evolutionary processes requires quick response and leading actions to harmonious existence and development of the national economy, which emphasizes the relevance of research of features and factors of advancing economic development. The purpose of this article is to investigate the factors of economic development, to identify those that affect the rate of development; to improve their classification and to form Guenon-factor of advancing national economic development. The subject of research is the causes underlying of advancing national economic development. Theoretical researches of world economic thought on the development of the national economy are served as methodological basis of this research. We used historically-logical method, comparative, structural and factorial analysis in the research. The results of the analysis. The factors of economic development are examined in the article. The emphasis was placed on finding those ones that impact directly on the advancing development. Attention was focused on classical and new approaches. It was justified, that the fundamental causes of advancing national economic development are the time and economic energy. It was proved that time determines the rate of development. The starting position of countries can vary, but the rate of the time that will be determined by culture, can provide leadership positions of national economy in a short period of time. It was concluded that the economic system is due to the economic value of the energy, which is an array of energies that determine the qualitative and quantitative state of the economic system and contribute to the transformation of its structure by changing the spatiotemporal layout. Research implies that time and energy are factors of broader action than others, and may be attributed to other factors of the general classification of economic development. So, on the basis of studied classifications

  5. Future perspectives for climate action. How economics can prescribe more than an energy charge. An essay on how economics can contribute to resolving the climate problem

    Energy Technology Data Exchange (ETDEWEB)

    De Bruyn, S.

    2013-07-15

    How can economics contribute to designing a 'solution' for the emerging climate crisis? This essay attempts to answer that question by investigating the roots of economic thinking and analyzing the coordination issues that are at the heart of the climate problem. While economics has been a protagonist in climate change debates by providing economic instruments such as tradeable emission permits, it has also been an antagonist by calling into doubt the need for mitigation, the benefits of which were held not to outweigh the costs. This essay argues that climate change is primarily a social equity issue and that economics is a poor science for analyzing such issues. Discussion models in economics and climate change science are fundamentally different, moreover, which means the two disciplines are prone to mutual misunderstanding. Nonetheless, to resolve the climate problem, climate science could well benefit from economic thinking, and especially from theoretical ideas from institutional economics concerning the design of effective policy instruments.

  6. Problems in software development for nuclear robotics

    International Nuclear Information System (INIS)

    Major technical problems in developing softwares for intelligent robots for future nuclear applications are explained briefly. In order that a robot can perform various kinds of complex works, it must be equipped with a high level of artificial intelligence which includes sensing functions such as visiual, auditory, tactile, proximity sensing, cognitive functions such as recognition of objects and understanding of working environment, decision-making functions such as work planning and control functions such as manipulator and locomotion controls. A large amount of various kinds of signals and informations must be processed with a high speed for an integrated control of these functions. It will be desirable that the computer program for controlling a robot which must run in a real-time will have a functionally hierarchical and distributed structure from the view point of software development. Parallel processing will be required from the view point of computation time. (author)

  7. Economic development and coastal ecosystem change in China

    OpenAIRE

    Qiang He; Bertness, Mark D.; Bruno, John F.; Bo Li; Guoqian Chen; Coverdale, Tyler C; Altieri, Andrew H; Junhong Bai; Tao Sun; Steven C Pennings; Jianguo Liu; Paul R Ehrlich; Baoshan Cui

    2014-01-01

    Despite their value, coastal ecosystems are globally threatened by anthropogenic impacts, yet how these impacts are driven by economic development is not well understood. We compiled a multifaceted dataset to quantify coastal trends and examine the role of economic growth in China's coastal degradation since the 1950s. Although China's coastal population growth did not change following the 1978 economic reforms, its coastal economy increased by orders of magnitude. All 15 coastal human impact...

  8. Minimum water requirement for social and economic development

    OpenAIRE

    Chenoweth, JL

    2008-01-01

    There is no common understanding of the minimum per capita fresh water requirement for human health and economic and social development. Existing estimates vary between 20 litres and 4,654 litres per capita per day, however, these estimates are methodologically problematic as they consider only human consumptive and hygiene needs, or they consider economic needs but not the effects of trade. Reconsidering the components of a minimum water requirement estimate for human health and for economic...

  9. THE APPLICATION OF SOCIAL CAPITAL IN UNDERSTANDING ECONOMIC DEVELOPMENT

    OpenAIRE

    Staatz, John M.

    1998-01-01

    This paper briefly examines how social capital affects overall economic growth processes and individual firm development, both positively and negatively, in low- and middle-income countries. The paper discusses how the concept of social capital is related to simple economic growth models and to the analysis of economic networks these countries. The degree to which social capital can substitute for or complement other forms of capital investment is examined. The paper concludes with suggestion...

  10. Annual World Bank Conference on Development Economics--Europe 2004 : Economic Integration and Social Responsibility

    OpenAIRE

    Bourguignon, Francois; Jacquet, Pierre; Pleskovic, Boris

    2007-01-01

    To address these broad questions: How to analyze the impact of globalization? What is the effect of rich countries' policies on developing ones? How to redefine the development agenda and scale-up the aid effort? The European Conference on Development Economics (ABCDE-Europe) focused on some of the problematic features of globalization and discussed the global impact of developed countries...

  11. Longevity, Capital Formation and Economic Development

    Institute of Scientific and Technical Information of China (English)

    Zhang Qiong

    2012-01-01

    Many researchers have concluded that longer life expectancies prompt increased investment in education, as a pro- longed labor supply raises the rate of return on education. Besides explaining the empirical evidence behind this conclusion (at an absolute level), there is another issue to be discussed: does time spent studying and working increase proportionally with higher longevity? Building on an extended life-cycle model, this paper shows that prolonged life expectancy will cause individuals to increase their time in education but may not warrant rises in labor input. Later we show that higher improvement rate of longevity rather than initial life expectancy will promote economic growth, even we exclude the mechanism of human capital formation, and only consider growth effects of higher improvement rate of life expectancy from physical capital investment.

  12. Windfall gains, political economy and economic development

    DEFF Research Database (Denmark)

    Dalgaard, Carl-Johan Lars; Olsson, Ola

    2008-01-01

    Natural resource rents and foreign aid have the character of windfall gains that affect economic outcomes both directly and indirectly. Several studies have shown that the indirect effect typically works via institutions like corruption. In this article, we offer a theoretical framework for a joint...... analysis of how natural resources and aid potentially affect total output in society through rent-seeking activities. We survey the existing evidence on both direct and indirect effects of windfalls and provide some new empirical evidence of the association between aid/natural resources and institutions...... in a large cross-section of countries. Our results suggest that whereas more aid means less corruption, natural resource rents is positively correlated with corruption, although both relationships are non-linear...

  13. Development of Technology Transfer Economic Growth Metrics

    Science.gov (United States)

    Mastrangelo, Christina M.

    1998-01-01

    The primary objective of this project is to determine the feasibility of producing technology transfer metrics that answer the question: Do NASA/MSFC technical assistance activities impact economic growth? The data for this project resides in a 7800-record database maintained by Tec-Masters, Incorporated. The technology assistance data results from survey responses from companies and individuals who have interacted with NASA via a Technology Transfer Agreement, or TTA. The goal of this project was to determine if the existing data could provide indications of increased wealth. This work demonstrates that there is evidence that companies that used NASA technology transfer have a higher job growth rate than the rest of the economy. It also shows that the jobs being supported are jobs in higher wage SIC codes, and this indicates improvements in personal wealth. Finally, this work suggests that with correct data, the wealth issue may be addressed.

  14. Roles of airships in economic development

    Science.gov (United States)

    Beier, G. J.; Hidalgo, G. C.

    1975-01-01

    It is proposed that airships of known and tested technology could, in some cases, perform routine transport missions more economically than conventional transport modes. If infrastructure for direct surface transport is already in place or if such infrastructure can be justified by the size of the market and there are no unusual impediments to constructing it, then the airships of tested technology cannot normally compete. If, however, the surface routes would be unusually expensive or circuitous, or if they involve several transhipments, or if the market size is too small to spread infrastructure costs of conventional transport, the airships of tested technology present a workable alternative. A series of special cases are considered. The cases, though unusual, are not unique; there are several similar possible applications which, in total, would provide a reasonably large market for airships.

  15. Economic development, political-economic system, and the physical quality of life.

    Science.gov (United States)

    Cereseto, S; Waitzkin, H

    1986-06-01

    This study compared capitalist and socialist countries in measures of the physical quality of life (PQL), taking into account the level of economic development. The World Bank was the principal source of statistical data for 123 countries (97 per cent of the world's population). PQL variables included: indicators of health, health services, and nutrition (infant mortality rate, child death rate, life expectancy, population per physician, population per nursing person, and daily per capita calorie supply); measures of education (adult literacy rate, enrollment in secondary education, and enrollment in higher education); and a composite PQL index. Capitalist countries fell across the entire range of economic development (measured by gross national product per capita), while the socialist countries appeared at the low-income, lower-middle-income, and upper-middle-income levels. All PQL measures improved as economic development increased. In 28 of 30 comparisons between countries at similar levels of economic development, socialist countries showed more favorable PQL outcomes. PMID:3706593

  16. Learning to Work. Improving Youth Employability. Education-Economic Development Series 4.

    Science.gov (United States)

    Duggan, Paula; Mazza, Jacqueline

    This volume is part of a series that is designed to promote stronger ties between the educational resources in the Northeast and Midwest and the economic development process. This monograph examines programs that develop the employment potential of those youth who are not likely to make it on their own. It first looks at the problem of youth…

  17. Essays on Political Economy and Economic Development

    NARCIS (Netherlands)

    I. Lyubimov (Ivan)

    2014-01-01

    markdownabstract__The spillover of information from more developed economies to the less developed ones is of key importance for sustainable transition towards higher living standards in emerging societies. The amount and type of essential information which is transferred to developing world is far

  18. Sustainable Economic Development and the Role of Entrepreneurship Factor

    Directory of Open Access Journals (Sweden)

    Ercan EKMEKÇİOĞLU

    2013-06-01

    Full Text Available The purpose of the study is to conduct an in-depth analysis of the degree to which the entrepreneurship factor would enhance sustainable economic development. The analysis will run a comparative analysis on how the entrepreneurship factors would add value to sustainable economic development. It is worth mentioning that entrepreneurship is a factor of production per se. The design was based on secondary research but then focused on appropriate data that addressed the research objectives. The main data had been obtained from business and investment reports. On the other hand, the researcher conducted an evaluation of the entrepreneurship factor in sustainable economic development. In general, a review of relevant literature was undertaken and fundamental issues were identified. The research analysis contains a discussion of the entrepreneurship factor in sustainable economic development. Particular attention has been given to the contribution entrepreneurial activities have to sustainable economic development. The study also conducts a risk assessment among the three factors of production capital, labor and now entrepreneurship to assess the one that would have minimal risks in as far as sustainable economic development is concerned. The researcher purports that the entrepreneurship factor can extend quite a number of advantages through innovation, product development, and competitiveness, thus creating a more sustainable economic development. This research analysis brings together the discussion on the entrepreneurship factor and its relationship with sustainable economic development. Therefore, it should be a great resource to the managers and policy makers in their quest to enhance sustainable economic development especially in a strategic context.

  19. Improvement of the organizational-economic mechanism of developing heat supply city system

    OpenAIRE

    Doroshenko, Valentina

    2012-01-01

    The article examines a complex of social and economic problems that accompany the development of heat supply systems in Ukraine. It is determined that the negative effects of district heating in the cities and towns are caused by the failure of current management mechanism to ensure the solution of basic problems and implement the heat supply system as life support system. The main goal of study was the development of theoretical, methodological and methodical principles of organizational-eco...

  20. Transformation of Economic Development Patterns and the Development of Science and Technology are Faced with the Problem and Measures%经济发展方式转变与科技发展面临的问题及措施研究

    Institute of Scientific and Technical Information of China (English)

    袁世一

    2014-01-01

    本文在总结国内外经济发展方式转变的经验的基础之上,根据我国的实际国情,立足于我国的具体的、历史的、现实的条件,着眼于现代经济发展方式转变与科技进步的关系研究,结合当前我国经济发展中面临的经济结构、资源稀缺程度、沉淀成本等经济发展方式问题和我国科技发展在科技体制、运行机制、科技投入等方面的问题,从市场层面、政府层面、企业层面、人才发展层面提出了创新性对策和建议。%This paper summarizes the domestic and international economic development mode shift, according to China’ s actual conditions, the impact of science and technology, put an end to all the rote, scripted, so that both mutual promotion and common development.Based on development view and dialectical view to look upon the economic development pattern of the impact of scientific and technological progress, and correct analysis the role of this impact and counter productive, combined with the mode of economic development issues facing economic structure in China’ s economic development, resource scarcity, sunk costs and China’ s science and technology development in the science and technology system, run mechanisms, investment in science and technology.Propose innovative strategies and suggestions in the market level, the government level, the corporate level, the level of talent development strategies and suggestions put forward innovative.

  1. Problems of Induction in Economics context%经济学语境中的归纳问题

    Institute of Scientific and Technical Information of China (English)

    唐晓勇

    2012-01-01

    In the scientific development process of economics,traditional problems of induction give rise to the debate between inductivism and deductivism in classical economics.Guderman's "new riddle of induction" is closely related to Friedman's viewpoint that "theory is the tool of prediction".Contemporary methodological debate,from classical economics to neoclassical economics,focuses on new riddle of induction,which is a challenge to the predicting function of economics.The antithesis between induction and deduction results in the methodological dilemma of mainstream economics.%在经济学的科学化进程中,传统归纳问题引发了古典经济学中归纳主义和演绎主义之争,古德曼的"新归纳之谜"与弗里德曼提出的"理论是用于预测的工具"论点密切相关,成为当代经济学方法论论战的焦点。从古典到新古典经济学,归纳问题挥之不去,其中预设的归纳和演绎的对立正是主流经济学方法论困境的主要根源之一。

  2. Collaboration in Local Economic Development: The Case of Toledo

    Directory of Open Access Journals (Sweden)

    Neil Reid

    2012-01-01

    Full Text Available Many American communities place a high priority on retaining and attracting innovative industries. However, in most American metropolitan areas, the responsibility for local economic development is fragmented along jurisdictional and institutional lines. The result of this fragmentation is that local economic development is often chaotic with no one individual, agency, or jurisdiction in control, which may inhibit the effectiveness of local economic development efforts. To address these challenges and more effectively utilize resources, there has been greater emphasis recently on regional collaboration in local economic development. The purpose of this paper is to measure the extent of collaboration among local economic development professionals in the Toledo, Ohio Metropolitan Statistical Area and to identify the extent to which these interactions constitute a social network. We believe that the existence of a strong social network among economic development professionals is critical to overcome some of the negative effects of jurisdictional and institutional fragmentation. While there is a core network of relatively dense collaboration in northwest Ohio, that network does not span the entire metropolitan area. A high level of local interactions occurs, but there are few “global pipelines” outside the region. A potential challenge for economic development in the region is to avoid “lock in”, which will make it more difficult to attract innovative industries or diversify the economy in order to decrease the traditional dependence on the auto industry.

  3. Inverse problems in geographical economics: parameter identification in the spatial Solow model.

    Science.gov (United States)

    Engbers, Ralf; Burger, Martin; Capasso, Vincenzo

    2014-11-13

    The identification of production functions from data is an important task in the modelling of economic growth. In this paper, we consider a non-parametric approach to this identification problem in the context of the spatial Solow model which allows for rather general production functions, in particular convex-concave ones that have recently been proposed as reasonable shapes. We formulate the inverse problem and apply Tikhonov regularization. The inverse problem is discretized by finite elements and solved iteratively via a preconditioned gradient descent approach. Numerical results for the reconstruction of the production function are given and analysed at the end of this paper.

  4. Cultural Tourism – a Model for Economic Development

    Directory of Open Access Journals (Sweden)

    Mihaela-Carmen MUNTEAN

    2012-11-01

    Full Text Available Tourism is a complex activity whose development is manifested in a fast pace, which in the last period determined it to become one of the most spectacular phenomena of recent decades, with important economic effects and particularly, social and human effects. This form of cultural tourism is identified as an engine for development and promotion of local cultural identities, offering neighboring communities an opportunity to preservation of cultural heritage as a resource for socio-economic local development. Thus, cultural tourism is the boundary between culture and tourism industry, its development influencing each other. Cultural tourism is a form of economic development based on cultural resources, contributing to national economic development.

  5. Measuring the Degree of Local Administration Action in Economic Development

    Directory of Open Access Journals (Sweden)

    Elena Botezat

    2006-03-01

    Full Text Available The attentive diagnosis of the local economic basis, the deep understanding of the obstacles that confront the economic growth and the investments, the elaboration and the implementation of certain strategies to facilitate the investments are the means by which the local authorities can assure the future of the local community which voted them. The present paper proposes to measure the effectiveness and efficacity of their activity by lying the basis of the methodology of calculating the degree the local authorities imply themselves in the local economic development and its impact upon the financial mana¬gement performance of a certain town. Only a management that sustains the local economic development can lead to the permanent growth of the economic basis, which generates permanent development.

  6. Multiple Forces Driving China's Economic Development: A New Analytic Framework

    Institute of Scientific and Technical Information of China (English)

    Yahua Wang; Angang Hu

    2007-01-01

    Based on economic growth theory and the World Bank's analytical framework relating to the quality of growth, the present paper constructs a framework that encompasses physical, international, human, natural and knowledge capital to synthetically interpret economic development. After defining the five types of capital and total capital, we analyze the dynamic changes of these types of capital in China and in other countries. The results show that since China's reform and opening up, knowledge, international, human and physical capital have grown rapidly, with speeds of growth higher than that of economic growth. As the five types of capital have all increased at varying paces, the savings level of total capital in China has quadrupled in 25 years and overtook that of the USA in the 1990s. The changes in the five types of capital and total capital reveal that there are progressively multiple driving forces behind China's rapid economic development. Implications for China's long-term economic development are thereby raised.

  7. 24 CFR 570.203 - Special economic development activities.

    Science.gov (United States)

    2010-04-01

    ... HOUSING AND URBAN DEVELOPMENT COMMUNITY FACILITIES COMMUNITY DEVELOPMENT BLOCK GRANTS Eligible Activities... 24 Housing and Urban Development 3 2010-04-01 2010-04-01 false Special economic development activities. 570.203 Section 570.203 Housing and Urban Development Regulations Relating to Housing and...

  8. Economic Growth——"Sound and Rapid" Development

    Institute of Scientific and Technical Information of China (English)

    刘树成

    2008-01-01

    Sound and rapid development is an intrinsic requirement in the implementation of the "scientific outlook on development" and represents an important change in the concept of economic development. This article, reviews past achievements under the guidance of "rapid and sound" development, and brings to light the reasons why we need to pursue "sound and rapid" development and how it can be achieved.

  9. Innovation systems, saving, trust, and economic development in Africa

    NARCIS (Netherlands)

    Pamuk, H.

    2014-01-01

    The five essays in the dissertation explore the interaction between economic development in Africa and three economic concepts from different fields: decentralized agricultural innovation systems, trust and saving practices. A relatively new view to boost agricultural growth is the implementation of

  10. Universities and Economic Development Activities: A UK Regional Comparison

    Science.gov (United States)

    Decter, Moira; Cave, Frank; Rose, Mary; Peers, Gill; Fogg, Helen; Smith, Susan M.

    2011-01-01

    A number of UK universities prioritize economic development or regeneration activities and for some of these universities such activities are the main focus of their knowledge transfer work. This study compares two regions of the UK--the North West and the South East of England--which have very different levels of economic performance.…

  11. SUSTAINABLE INNOVATION - NEW ECONOMIC CONCEPT REQUIRED BY SUSTAINABLE DEVELOPMENT

    OpenAIRE

    VIOREL CORNESCU; CECILIA-ROXANA ADAM

    2013-01-01

    Following the concept of sustainable development and standard economics, we find innovation presented as one of the most important factors of world economic growth. Although most authors focus their research on sustainable development, this paper will instead focus on sustainable innovation. The paper converges on studying innovation from the perspective of sustainable development and sustains several theoretical results in order to show the importance of adopting innovation process which res...

  12. On Stock Market Development, Banks and Economic Growth in India

    OpenAIRE

    Pratap chandra Biswal; B Kamaiah

    2001-01-01

    Using the stock market development indicators viz., market size, liquidity, and volatility along with bank credit to GDP ratio as an indicator of banking sector development, and Index of Industrial Production (IIP) as the proxy for GDP, this paper examines the role of stock markets and banks in promoting economic growth in India. On the basis of monthly data (1991:1–1998:12), the present study shows that stock market size and banking development are positively correlated with economic growth....

  13. Essays on Political Economy and Economic Development

    OpenAIRE

    Lyubimov, Ivan

    2014-01-01

    markdownabstract__The spillover of information from more developed economies to the less developed ones is of key importance for sustainable transition towards higher living standards in emerging societies. The amount and type of essential information which is transferred to developing world is far from being exhausted by technological spillover effect, which is extensively studied in the literature (see, for instance, Acemoglu et al, 2006). Of equal importance is, for instance, information a...

  14. The Role of Home Stay for Ecotourism Development in East Coast Economic Region

    OpenAIRE

    Md. Anowar H. Bhuiyan; C. Siwar; Shaharuddin M. Ismail; Islam, R.

    2011-01-01

    Problem statement: This study provided a brief discussion of home stay for ecotourism development in ECER. Home stay is a potential economic activity in tourism sector. The East Coast Economic Region (ECER) has numerous ecotourism resources including hills, mountains, lakes, waterways, state and national parks, recreational forest parks and forest reserves. Home stay should emphasize on the cultural practices as well as to create a genuine interest and commitment among the local people in the...

  15. THE NECESSITY, NATURE AND DIRECTION OF SOCIAL ORIENTATION OF ECONOMIC DEVELOPMENT

    OpenAIRE

    L. Kyrylenko

    2014-01-01

    Approaches to understanding the nature of the process of socialization of the economic system, appearing to be an effective catalyst in the transformation of an active subject, who gets the power to regulate social and economic processes in accordance for their own purposes, conditions and development needs; approaches to the analysis of problems of adaptation the national economy to the requirements of the postindustrial society, the basic idea of national socialization policy is to be aware...

  16. Predictor-Corrector Primal-Dual Interior Point Method for Solving Economic Dispatch Problems: A Postoptimization Analysis

    Directory of Open Access Journals (Sweden)

    Antonio Roberto Balbo

    2012-01-01

    Full Text Available This paper proposes a predictor-corrector primal-dual interior point method which introduces line search procedures (IPLS in both the predictor and corrector steps. The Fibonacci search technique is used in the predictor step, while an Armijo line search is used in the corrector step. The method is developed for application to the economic dispatch (ED problem studied in the field of power systems analysis. The theory of the method is examined for quadratic programming problems and involves the analysis of iterative schemes, computational implementation, and issues concerning the adaptation of the proposed algorithm to solve ED problems. Numerical results are presented, which demonstrate improvements and the efficiency of the IPLS method when compared to several other methods described in the literature. Finally, postoptimization analyses are performed for the solution of ED problems.

  17. Empiric Study about the Mix Fiscal Policy – Economic Development

    Directory of Open Access Journals (Sweden)

    Alexandru Sergiu Ocnean

    2006-11-01

    Full Text Available Economic development is one of the primary objectives of any government. Fiscal policy represents one of the most effective tools that government authorities could use in order to influence the economy. Having this in mind, this paper focuses on the connection between economic development and fiscal policy and proposes an empirical study based on a sample of 21 European countries. Using a simple pool data model, we tried to distinguish the relations between the evolution of GDP per capita, as a proxy for economic development, and the evolution of three fiscal policy variables, namely the tax burden, the public expenditure to GDP ratio and the budget deficit to GDP ratio.

  18. Global trends of economic diplomacy development under globalization

    Directory of Open Access Journals (Sweden)

    O.L. Kanishchenko

    2015-03-01

    Full Text Available This article is devoted to global trends of economic diplomacy development in the context of globalization. Among the main factors that influence on the development of instruments of international economic diplomacy important role play political factors. They play key role in determining prospects for economic entities international cooperation and priorities of their business communication with representatives of other political systems. The most important in the political environment analysis is: (1 to study of political system characteristics to determine the main parameters and features of integrated political symptoms interaction and political forces subordination; (2 to determine the status of political stability in order to predict political priorities, create an atmosphere of political loyalty, and promote political conditions; (3 to assess political risks in order to predict certain expected and unexpected conflicts and to identify ways of their overcoming. Also on development of international economic diplomacy instruments influence such factors as economic environment, factors of socio-cultural environment, technological environment, physical environment, etc. Bright examples of negative tools of economic diplomacy implementation are: periodic “gas war” between Russia and Ukraine; prohibition by the Russian Federation on the import of Ukrainian dairy products, juices, soybean, soybean meal, sunflower and corn grits, potatoes, canned vegetables, canned fish, fruits, vegetables and herbs in 2014; economic sanctions by Western countries against Russia. The aim of the article. The aim of article is studying modern trends of development of economic diplomacy in context of globalization. The results of the analysis. Key point of argumentation of this article is that significant increase of national wealth in many countries in the second half of the 20th century is largely connected with intensification of economic diplomacy in all

  19. Local economic development policy in Poland: Determinants and outcomes

    Directory of Open Access Journals (Sweden)

    Mariusz Wiktor Sienkiewicz

    2014-12-01

    Full Text Available The purpose of this article is to define nature, basis, and the effects of the economic development policy conducted by local governments in Poland. The analyses carried out are designed to define the role of local authorities in the management of economic development in the area. Furthermore, the purpose of this article is to analyse instruments for supporting economic development, which can be potentially used by local governments in Poland. The realization of this objective is possible by using descriptive methods based on a review of literature and the various types of documents and analysis on the policy of both the economic development and activities of local government, which implement this policy. The method of system analysis is also partially used in the article, and some results of surveys conducted among Polish and foreign investors and entrepreneurs in 2011 are presented. The article assumes that in spite of having a number of instruments, both formal and material, for encouraging economic development and business development, most local governments narrowly assess the current state of entrepreneurship and development trends, and perform an insufficient analysis of the potential of their area. Secondly, the formulated goals of economic development are not very innovative, ambitious or concrete. Furthermore, they do not arise directly from the analysis of the micro and macro-environment that affects the position and development of local government. Key words:

  20. Comprehensive Evaluation of the Economic Development Level of Guanzhong-Tianshui Economic Zone Using Principal Component Cluster Analysis

    Institute of Scientific and Technical Information of China (English)

    Chunxiang; ZHAO; Xinrong; YAN; Xu; GUO

    2014-01-01

    Based on 10 years of statistics concerning economic development in Xi’an as the main part of Guanzhong- Tianshui Economic Zone, this article builds the main indicator system to reflect economic development. Using two mathematical methods( principal component analysis and cluster analysis),we carry out comprehensive evaluation analysis of the main economic indicators,point out the distribution differences in the economic development level in this region,and make classification,in order to provide a scientific basis for the decision- making body to lay down the relevant economic development strategies in accordance with the economic development level and geographical location.

  1. PSEUDO-SCIENTIFIC ECONOMIC POLICIES OF MOLDOVA ASSOCIATION TO THE EU: METHODOLOGY, PROBLEMS, SOLUTIONS

    Directory of Open Access Journals (Sweden)

    Gheorghe RUSU

    2016-01-01

    Full Text Available Economic policies and decisions on EU association starting with the begginig of 90’s were pseudo-scientific, contradictory, incoherent because those policies have not based themselves on modern and current economic theories elaborated and promoted by the EU. Actuality. The topic is actual from the perspective of the factors’ analysis which were conducting to delay the association process of Moldova to the EU. At the same time, those were increasing instability, disequilibrium in the national economy and raise of social vulnerability and constraint levels which ultimately increased the gap between the national and EU economic development levels. During the period of 2000-2015, the socio-economic policy of the Republic of Moldova is described more as small and fragmented steps on conceiving economic and financial instruments for the integration into the EU which were reflected in the Neighbourhood Partnership and Association Agreement with the EU. These processes conducted for the state incapacity to define its own objectives and social-economic priorities for the association as well as legitimated a continuous stage of transition to the market economy. The scope of the present article is to propose a real change of the development and social-economic association policies for achieving final objective on integration to EU. The proposals would consist in emphasizing and implementation of the EU economic principles reflected in the neoclassic synthesis and neo-conservative theories; the elaboration and implementation of a new Strategy on economic supervision, coordination and anticipation of the economic disequilibrium; achieve economic stability for diminishing the negative effects of the global and regional crisis on national economy and adaptation of the development policies to the national socio-economic conditions. The methods used for the elaboration and achieving the expected results of the study were analysis and synthesis of the

  2. Private Enterprise-led Economic Development in Africa

    DEFF Research Database (Denmark)

    Kuada, John

    2014-01-01

    of the world’s ten fastest-growing economies in 2010 were from there. But their growth has failed to translate into job creation and inclusive development. This experience has encouraged a renewed search for a sustainable economic development model for the sub-continent. The present dissertation contributes...... economics (i.e. the human side of economic activities) as a new theoretical platform for understanding economic growth and development. Furthermore, it introduces human capability development and the enabling factors as a framework for studying entrepreneurship and enterprise growth strategies in SSA.......As a continent, Africa occupies nearly a quarter of the World’s land area and home for one-seventh of its population. But a large proportion of the people, especially those living in Sub-Sahara Africa (SSA) are mired in abject poverty. Recent years have witnessed some positive developments. Six...

  3. Economic Development in West Virginia. Information Series 6.

    Science.gov (United States)

    Zeller, Frederick A.; Smith, Wil J.

    Excessive unemployment, serious deficiencies in education, housing, welfare, transportation, and government systems are major problems in West Virginia. A historical contributor to the present condition is the decline of the coal industry. Also a contributor is the general apathy of the citizens toward change and economic progress. The state's…

  4. A Collection of Challenging Optimization Problems in Science, Engineering and Economics

    CERN Document Server

    Mehta, Dhagash

    2015-01-01

    Function optimization and finding simultaneous solutions of a system of nonlinear equations (SNE) are two closely related and important optimization problems. However, unlike in the case of function optimization in which one is required to find the global minimum and sometimes local minima, a database of challenging SNEs where one is required to find stationary points (extrama and saddle points) is not readily available. In this article, we initiate building such a database of important SNE (which also includes related function optimization problems), arising from Science, Engineering and Economics. After providing a short review of the most commonly used mathematical and computational approaches to find solutions of such systems, we provide a preliminary list of challenging problems by writing the Mathematical formulation down, briefly explaning the origin and importance of the problem and giving a short account on the currently known results, for each of the problems. We anticipate that this database will n...

  5. The Study of Resource Allocation among Software Development Phases: An Economics-Based Approach

    Directory of Open Access Journals (Sweden)

    Peleg Yiftachel

    2011-01-01

    Full Text Available This paper presents an economics-based approach for studying the problem of resource allocation among software development phases. Our approach is structured along two parallel axes: theoretical and empirical. We developed a general economic model for analyzing the allocation problem as a constrained profit maximization problem. The model, based on a novel concept of software production function, considers the effects of different allocations of development resources on output measures of the resulting software product. An empirical environment for evaluating and refining the model is presented, and a first exploratory study for characterizing the model's components and developers' resource allocation decisions is described. The findings illustrate how the model can be applied and validate its underlying assumptions and usability. Future quantitative empirical studies can refine and substantiate various aspects of the proposed model and ultimately improve the productivity of software development processes.

  6. Cooperatives, Economic Democratization and Rural Development

    NARCIS (Netherlands)

    Bijman, J.; Muradian, Roldan; Schuurman, Jur

    2016-01-01

    Agricultural cooperatives and producer organisations are institutional innovations, which have the potential to reduce poverty and improve food security. This book presents a raft of international case studies, from developing and transition countries, to analyse the internal and external challenges

  7. Main Problems and Prospects of Audit Development in Ukraine

    Directory of Open Access Journals (Sweden)

    Sobolev Volodymyr M.

    2013-11-01

    Full Text Available The article analyses influence of the world crisis phenomena upon the national economy, shows a significant necessity of using international reporting standards. It justifies a necessity of strengthening financial control, the goal of which is to detect shortcomings in financial reports and recommendations regarding their elimination in order to ensure trustworthiness of reports. It considers main problems of audit activity and identifies necessary measures and ways of their solution. It reveals and justifies possible directions of prospective development of audit in Ukraine with consideration of the process of transition of economic subjects to international standards of financial reporting and marks out a necessity of strengthening the role of the state institutions in further audit development. It analyses the insufficient control over the quality of audit services and statistical material regarding the number and specific features of operation of audit firms and private auditors in Ukraine.

  8. ONLINE ADVERTISING DEVELOPMENT AND THEIR ECONOMIC EFFECTIVENESS

    OpenAIRE

    Tchai Tavor

    2011-01-01

    Recent years are a testimony to the astonishing development of the Internet, an increasingly important factor in current lifestyle. Internet advertising, as well, has seen a similar development, since marketers' online advertising budgets are growing as the years go by. In this study, I passed questionnaires to Israeli businesses and checked whether there is a difference in efficiency between two of the following types of online advertisement: banner advertisement and pop-up advertisement. I ...

  9. Three Essays in Health and Development Economics

    OpenAIRE

    Xue, Yuhan

    2014-01-01

    The main focus of this dissertation is on social issues affecting people's health and welfare, within both the developed world and developing world. Particularly, policy changes are employed as natural experiments, to identify the health and social impacts of policies and welfare. This dissertation consists of three chapters.Chapter 1 analyzes the health effects of China's centralized home heating infrastructure. The primary health mechanism is that recipients of centralized heating do not ne...

  10. A Wavelet Kernel-Based Primal Twin Support Vector Machine for Economic Development Prediction

    Directory of Open Access Journals (Sweden)

    Fang Su

    2013-01-01

    Full Text Available Economic development forecasting allows planners to choose the right strategies for the future. This study is to propose economic development prediction method based on the wavelet kernel-based primal twin support vector machine algorithm. As gross domestic product (GDP is an important indicator to measure economic development, economic development prediction means GDP prediction in this study. The wavelet kernel-based primal twin support vector machine algorithm can solve two smaller sized quadratic programming problems instead of solving a large one as in the traditional support vector machine algorithm. Economic development data of Anhui province from 1992 to 2009 are used to study the prediction performance of the wavelet kernel-based primal twin support vector machine algorithm. The comparison of mean error of economic development prediction between wavelet kernel-based primal twin support vector machine and traditional support vector machine models trained by the training samples with the 3–5 dimensional input vectors, respectively, is given in this paper. The testing results show that the economic development prediction accuracy of the wavelet kernel-based primal twin support vector machine model is better than that of traditional support vector machine.

  11. Nature's role in sustaining economic development.

    Science.gov (United States)

    Dasgupta, Partha

    2010-01-12

    In this paper, I formalize the idea of sustainable development in terms of intergenerational well-being. I then sketch an argument that has recently been put forward formally to demonstrate that intergenerational well-being increases over time if and only if a comprehensive measure of wealth per capita increases. The measure of wealth includes not only manufactured capital, knowledge and human capital (education and health), but also natural capital (e.g. ecosystems). I show that a country's comprehensive wealth per capita can decline even while gross domestic product (GDP) per capita increases and the UN Human Development Index records an improvement. I then use some rough and ready data from the world's poorest countries and regions to show that during the period 1970-2000 wealth per capita declined in South Asia and sub-Saharan Africa, even though the Human Development Index (HDI) showed an improvement everywhere and GDP per capita increased in all places (except in sub-Saharan Africa, where there was a slight decline). I conclude that, as none of the development indicators currently in use is able to reveal whether development has been, or is expected to be, sustainable, national statistical offices and international organizations should now routinely estimate the (comprehensive) wealth of nations.

  12. Partnering for Economic Development: How Town-Gown Relations Impact Local Economic Development in Small and Medium Cities

    Science.gov (United States)

    Massey, Jennifer; Field, Sean; Chan, Yolande

    2014-01-01

    Universities play an increasingly prominent role in shaping regional, social, and economic development. In Canada, however, spatial, economic, and social differences between universities and their host communities continue to challenge positive town--gown relationships and undermine the benefits associated with high concentrations of prospective…

  13. Developmental State Policy, Educational Development, and Economic Development: Policy Processes in South Korea (1961-1979)

    Science.gov (United States)

    Kim, Ki Su

    2012-01-01

    This paper explores two inter-connected issues--the state's role in educational development and educational contribution to economic development--in the policy processes entailed by the South Korean state's pursuit of economic development during the Park Chung Hi era, 1961-1979. It disputes the statist view that South Korea's economic development…

  14. Economic Development in Islamic Perspective: Concept, Objectives, and Some Issues

    OpenAIRE

    Hasan, Zubair

    1995-01-01

    This paper deals with the concept and objectives of economic development from an Islamic perspective.A few related issues including motivation, role of the state, population, and growth-equity trade off have also been discussed.

  15. Undergraduate Research and Economic Development: A Systems Approach in Wisconsin

    Science.gov (United States)

    Van Galen, Dean; Schneider-Rebozo, Lissa; Havholm, Karen; Andrews, Kris

    2015-01-01

    This chapter presents the state of Wisconsin and the University of Wisconsin System as an ongoing case study for best practices in systematic, intentional, statewide programming and initiatives connecting undergraduate research and economic development.

  16. Danish Mortgage Finance, Property Rights Protection and Economic Development

    DEFF Research Database (Denmark)

    Haldrup, Karin

    of screening methods for assessing the readiness for such transplantation depends on a deeper understanding of three large domains: A) Mortgage Finance, B) Cadastre and Land Registration; and C) Economic Development; and the interrelations between these three areas. In particular the thesis has focused...... of data on the status of land registration (and of reliable ratings of protection of property rights), it was found that macro-economic indicators could serve as indicators of readiness. Findings included propositions on prerequisites for readiness of mortgage finance development and proposals concerning...... screening methodology. The research has analyzed the 200 year history of the Danish Mortgage finance system, and its contribution to economic development and adaptability through different economic stages. Development theories related to credit and property rights were analyzed to study the dynamics between...

  17. Economic valuation of aquatic ecosystem services in developing countries

    DEFF Research Database (Denmark)

    Korsgaard, Louise; Schou, Jesper S.

    2010-01-01

    -the silent water user. A promising way of placing aquatic ecosystems on the water agenda is by economic valuation of services sustained by ecosystems. In developing countries, the livelihoods of rural people often depend directly on the provision of aquatic ecosystem services. In such situations, economic...... valuation of ecosystem services becomes particularly challenging. This paper reviews recent literature on economic valuation of aquatic ecosystem services in developing countries. "Market price" is the most widespread method used for valuating marketed ecosystem services in developing countries. "Cost based......" and "revealed preference" methods are frequently used when ecosystem services are non-marketed. A review of 27 existing valuation studies reveals a considerable range of estimated total economic value of aquatic ecosystem services in developing countries, that is from US$30 to 3,000/ha/year. The paper concludes...

  18. Social-economic role of small business in services sphere in the progressive development of Russia

    Directory of Open Access Journals (Sweden)

    Lyudmila G. Rudenko

    2016-03-01

    Full Text Available Objective to assess the socioeconomic significance of small business in the services sector of national economy and to develop effective tools of its infrastructural support basing on the characteristics of the services sector. Methods systematic approach was applied to identify the characteristics of small businesses in the services sector methods of comparative and statistical analysis were used to assess the contribution of small business in service sector to the economic development of the country methods of analysis and synthesis revealed problems of development of small business in service sector program and target method was used to develop infrastructural tools to support small businesses. Results social and economic characteristics of small business in services were determined the contribution of small business in service sector into the economic progress of the country was assessed the problems and peculiarities of development of small entrepreneurship in services were identified and examined. Basing on the analysis of problems of small business growth and its role in the progressive development of the economy the necessity of state support is proved and the effective tools of infrastructure support for small businesses are determined basing on the characteristics of the service sector. Scientific novelty the characteristics of small business in services are identified and grouped by economic and social principle the growing contribution of the small business in service sector to the Russian economy is proved and its backlog from the developed economies is confirmed problems hindering the development of small business are identified. Basing on the problems effective tools for small business support are developed and offered. Practical significance the main provisions and conclusions of the research can be used in scientific activity to study the development and infrastructural support of small business in services sectors they can be

  19. Behavioral economic measures of alcohol reward value as problem severity indicators in college students.

    Science.gov (United States)

    Skidmore, Jessica R; Murphy, James G; Martens, Matthew P

    2014-06-01

    The aims of the current study were to examine the associations among behavioral economic measures of alcohol value derived from 3 distinct measurement approaches, and to evaluate their respective relations with traditional indicators of alcohol problem severity in college drinkers. Five behavioral economic metrics were derived from hypothetical demand curves that quantify reward value by plotting consumption and expenditures as a function of price, another metric measured proportional behavioral allocation and enjoyment related to alcohol versus other activities, and a final metric measured relative discretionary expenditures on alcohol (RDEA). The sample included 207 heavy-drinking college students (53% female) who were recruited through an on-campus health center or university courses. Factor analysis revealed that the alcohol valuation construct comprises 2 factors: 1 factor that reflects participants' levels of alcohol price sensitivity (demand persistence), and a second factor that reflects participants' maximum consumption and monetary and behavioral allocation toward alcohol (amplitude of demand). The demand persistence and behavioral allocation metrics demonstrated the strongest and most consistent multivariate relations with alcohol-related problems, even when controlling for other well-established predictors. The results suggest that behavioral economic indices of reward value show meaningful relations with alcohol problem severity in young adults. Despite the presence of some gender differences, these measures appear to be useful problem indicators for men and women.

  20. Public Health Problems in Low and High Socio Economic Areas of Karachi, Pakistan

    Directory of Open Access Journals (Sweden)

    HA Qazi

    2009-09-01

    Full Text Available "nBackground: Despite many media campaigns by government and private sectors highlighting, water and sanitation treat­ment plans and policies, the public health problems are still common in different socioeconomic areas. The objective of our study was to explore the major public health problems prevailing in two different socio economic areas in Karachi, Pakistan."nMethods: A cross sectional survey was conducted from January 1, 2008, to June 15, 2008. Convenience sampling was used to select the EVACUE housing situated and model village. From each house selected, interviews were conducted based on one participant per house. The main outcome variables were measure of different qualities of drinking water safety, taste, etc. Problems of waste and sanitation included disposal of solid waste and leakage of drainage system in the area."nResults: The results found water quality to be good with safe drinking water and less residents complained in EVACUEE as compared to Model. The results also found better sanitary services with proper drainage system and less open dumping of garbage in EVACUEE as compared to Model."nConclusion: Health problems of drinking water and sanitation were more prevalent in low socio economic areas as com­pared to higher socio economic area.

  1. Stages of Development, Economic Policies and a New World Economic Order

    OpenAIRE

    Polterovich, Victor; Popov, Vladimir

    2006-01-01

    This paper summarizes theoretical arguments, empirical evidence, and econometric findings to support the statement that rational economic policies depend qualitatively on stages of development that are defined by productivity and institutional indicators of a country. We consider the impact of industrial policies, speed of foreign exchange reserves accumulation, technology transfers and immigration policies, as well as FDI and liberalization of capital flows, on rate of economic growth. It is...

  2. New Institutional Economics and Economic Development of the Republic of Kosovo

    OpenAIRE

    Mejdi Bektashi; Artor Nuhiu

    2015-01-01

    The purpose of this study is the analysis of the new institutional economics according to parameters and criteria that affect the growth and economic development such as free movement of capital, contract enforcement, information costs, risk transfer costs, free competition and their application into practice. Institutional innovation, in terms of establishing more efficient and effective institutions, can only be done if there is support of the whole society, but given the limitations set fo...

  3. New Institutional Economics and Economic Development of the Republic of Kosovo

    OpenAIRE

    Mejdi Bektashi; Artor Nuhiu

    2015-01-01

    The purpose of this study is the analysis of the new institutional economics according to parameters and criteria that affect the growth and economic development such as free movement of capital, contract enforcement, information costs, risk transfer costs, free competition and their application into practice. Institutional innovation, in terms of establishing more efficient and effective institutions, can only be done if there is support of the whole society, but given the limita...

  4. A Study of Sustainable Development of China's State-Level Economic and Technological Development Zones

    Institute of Scientific and Technical Information of China (English)

    XinzhiHu

    2005-01-01

    State-level economic and technological development zones (ETDZs) are products of China's reform and opening-up policies and a new engine of growth for the Chinese economy. They have made tremendous contributions to the development of the Chinese economy. However,some problems have emerged in the course of this progress and new challenges are still lying ahead. Sustainable development is possible only when the strategy and objectives of development are adjusted, when the integrated investment environment is optimized, when industries are upgraded, when technical innovations are made, when independent innovation capabilities are lifted, when the mode of economic growth is changed, and when innovations are made in government management.

  5. Development of basic economic sectors and markets

    OpenAIRE

    V. Tochylin

    2000-01-01

    On the basis of research of markets of the goods, that are made by the basic sectors of economy (energy, metallurgical and agroindustrial sectors), proposals are worked out about positive changes in the development of sectors with the purpose of expansion of the markets.

  6. VIRTUE ETHICS – NEW COORDINATES FOR ECONOMIC DEVELOPMENT

    OpenAIRE

    PUP ANCA

    2010-01-01

    Operating with business ethic we meet, some ethical systems, some of them developed in Antiquity, that still have a great influence upon economics development. One of these is the ethics of virtue. The aim of this paper work is to focus upon the one ethical system – virtue ethics and to illustrate his influence in economical field, offering a new coordination in this direction. We understand the importance of the human character for a successful leadership and management. Recent ethical dilem...

  7. Transport as the factor of sustainable economic development

    OpenAIRE

    Ukaj, Fatos

    2010-01-01

    One of the key elements in achieving sustainable economic development of the country is transport, including roads and other infrastructure. The strength and role of the services has grown in developed countries, but has brought a new investment cycle in countries of Balkan, including Kosovo. The transport sector is introduced to us as an economic branch, with a capacity to generate new jobs and possibilities for employment. The level of the destruction of environment is in direct link ...

  8. "Civil Economy and Civilized Economics: Essentials for Sustainable Development"

    OpenAIRE

    Neva Goodwin; January 2001

    2001-01-01

    This essay will consider the relevance of the social sciences - especially economics - to the foundations of sustainable development. Looming environmental crises have served as a prime motivating force for reevaluating fundamental principles. In particular, the concept of sustainability, carrying with it clear requirements for values, goals and ethics, has begun to reshape economics. The broadest conception of sustainability is found if we understand sustainable development to mean Socially ...

  9. The Contribution of Education on the Economic Development

    OpenAIRE

    Claudiu CICEA; Cosmin DOBRIN

    2005-01-01

    The paper illustrates the contribution of the education to the economic development. The main analyzed aspects are: a short history of the education’s contribution to the economic development, the principals modalities of influence and the negative effects of the lack of education and over education. Those aspects represent scientific results of the research program Micro and macrosystemic efficiency in Romanian higher education activity (CNCSIS cod 115/2005, research project coordinator seni...

  10. The impact of SMEs in the economic development of Kosovo

    OpenAIRE

    Sami A. Morina; Edisona G. Kurhasku; Ilir Krasniqi

    2016-01-01

    The vast majority of enterprises around 98% operating in Kosovo are micro-, small- and medium enterprises. In 2012, SMEs provide 80% of jobs from all companies. Therefore, SMEs are the biggest contributor to economic growth and employment and generate the bulk of the state budget. Therefore, development of SMEs is one of the most important aspects for economic growth and competitiveness. Legal and institutional reforms have led to a system that enables the rapid and free development of SMEs i...

  11. Three essays on children, women and economic development

    OpenAIRE

    Leone, Maria Anna

    2013-01-01

    This thesis investigates three important themes within the development economics literature that link children, women and economic development. In the first essay we present an analysis of child labour among agricultural households in rural Nepal. We first examine the monetary contribution of child labour to family farms. For this purpose, within a non-separable agricultural household model we estimate a farm production function to obtain shadow wages for both children and adults ...

  12. STOCK MARKET DEVELOPMENT AND ECONOMIC GROWTH: EVIDENCE FROM ZIMBABWE

    OpenAIRE

    Ishioro, Bernard O.

    2013-01-01

    The study explores the causal linkage between stock market development and economic growth in Zimbabwe for the period 1990:I to 2010:IV. Applying the Augmented Dickey Fuller(ADF) unit root tests and the long-run Grangernon-causality estimation technique proposed by Toda and Yamamoto (1995), we tested the nature and direction of the causality between economic growth proxy by the real GDP growth rate and stock market development proxy by real market capitalization, value traded ratio and stock...

  13. Tourism as a driver of economic development - the Colombian experience

    OpenAIRE

    Benković, Andreja; Mejía, Juan Felipe

    2008-01-01

    The current paper analyzes the importance and potentials of the tourism sector for economic development. It is divided into four major parts. After a short introduction, section two presents some theoretical insights into the topic of economic development. Commenting on the most relevant components of the catching-up theory by Abramovitz (1986) and the structural change theory by Baumol (1967) and others, it could be realized that growth and the accompanying structural changes in the distribu...

  14. THE IMPACT OF GLOBALIZATION AND GOVERNANCE ON LOCAL ECONOMIC DEVELOPMENT

    OpenAIRE

    Armenia ANDRONICEANU

    2013-01-01

    Globalization and the crises context have influenced the local economic development in Romania and determined the government to adapt its policies according to them. This paper presents part of the results of a specific research on the impact of globalization and the government policies to the local economic development. The sample was composed by small and medium size enterprises from Bucharest. They are specialized in export of products from three main areas. The research methodology includ...

  15. Sustainable Economic Development and the Role of Entrepreneurship Factor

    OpenAIRE

    Ercan EKMEKÇİOĞLU

    2013-01-01

    The purpose of the study is to conduct an in-depth analysis of the degree to which the entrepreneurship factor would enhance sustainable economic development. The analysis will run a comparative analysis on how the entrepreneurship factors would add value to sustainable economic development. It is worth mentioning that entrepreneurship is a factor of production per se. The design was based on secondary research but then focused on appropriate data that addressed the research objectives. The m...

  16. Economic valuation for sustainable development in the Swedish coastal zone.

    Science.gov (United States)

    Söderqvist, Tore; Eggert, Håkan; Olsson, Björn; Soutukorva, Asa

    2005-03-01

    The Swedish coastal zone is a scene of conflicting interests about various goods and services provided by nature. Open-access conditions and the public nature of many services increase the difficulty in resolving these conflicts. "Sustainability" is a vague but widely accepted guideline for finding reasonable trade-offs between different interests. The UN view of sustainable development suggests that coastal zone management should aim at a sustainable ecological, economic, and social-cultural development. Looking closer at economic sustainability, it is observed that economic analyses about whether changes in society imply a gain or a loss should take into account the economic value of the environment. Methods used for making such economic valuation in the context of the Swedish coastal zone are briefly reviewed. It is noted that the property rights context matters for the results of a valuation study. This general background is followed by a concise presentation of the design and results of four valuation studies on Swedish coastal zone issues. One study is on the economic value of an improved bathing water quality in the Stockholm archipelago. The other studies are a travel cost study about the economic value of improved recreational fisheries in the Stockholm archipelago, a replacement cost study on the value of restoring habitats for sea trout, and a choice experiment study on the economic value of improved water quality along the Swedish westcoast. PMID:15865316

  17. Economic valuation for sustainable development in the Swedish coastal zone.

    Science.gov (United States)

    Söderqvist, Tore; Eggert, Håkan; Olsson, Björn; Soutukorva, Asa

    2005-03-01

    The Swedish coastal zone is a scene of conflicting interests about various goods and services provided by nature. Open-access conditions and the public nature of many services increase the difficulty in resolving these conflicts. "Sustainability" is a vague but widely accepted guideline for finding reasonable trade-offs between different interests. The UN view of sustainable development suggests that coastal zone management should aim at a sustainable ecological, economic, and social-cultural development. Looking closer at economic sustainability, it is observed that economic analyses about whether changes in society imply a gain or a loss should take into account the economic value of the environment. Methods used for making such economic valuation in the context of the Swedish coastal zone are briefly reviewed. It is noted that the property rights context matters for the results of a valuation study. This general background is followed by a concise presentation of the design and results of four valuation studies on Swedish coastal zone issues. One study is on the economic value of an improved bathing water quality in the Stockholm archipelago. The other studies are a travel cost study about the economic value of improved recreational fisheries in the Stockholm archipelago, a replacement cost study on the value of restoring habitats for sea trout, and a choice experiment study on the economic value of improved water quality along the Swedish westcoast.

  18. Social capital and economic development: Toward a theoretical synthesis and policy framework

    OpenAIRE

    Woolcock, M.

    1998-01-01

    Metadata only record This article explores the need to "encourage" the development of social capital in addition to financial and human capital in development work. Woolcock offers a theoretical discussion of the definition and problems of social capital, the history and origin of the term, and a critique of how social capital has been used in development work from the perspectives of social networks and economic development. Notably, the article also addresses how social capital may even ...

  19. Methods of assessing the environmental quality of socio-economic development of regions

    OpenAIRE

    Ilinbaeva EkaterinaAleksandrovna; Shelomencev Andrej Gennad'evich; Doroshenko Svetlana Victorovna

    2015-01-01

    The article presents the methods of an ecological quality assessment of the regional social and economic development strategies, which is based on system of the criteria considering an inclusiveness of an ecological factor in the analysis of the problems of regional development, the development to scenario conditions, the definition of the priority ecological purposes and the directions of regional development, level of state regulation, productivity assessment. Results of an assessment are a...

  20. Problemy i vozmozhnosti razvitija vneshnejekonomicheskoj dejatel'nosti Sankt-Peterburga, Leningradskoj oblasti i Respubliki Karelija [Foreign economic activity of Saint Petersburg, the Leningrad Region, and the Republic of Karelia: problems and opportunities for development

    Directory of Open Access Journals (Sweden)

    Bazhenov Yuri

    2012-01-01

    Full Text Available In this paper, we look at the interregional cooperation in adjacent areas. Specifically, we focus our attention on the cluster of regions formed by the city of St. Petersburg, the Leningrad region and the Republic of Karelia. All three areas face a number of challenges when it comes to international trade: challenges that are shared and that require strategic coordinated solutions from regional decisionmakers. One of such solutions, for example, could require pooling of competitive advantages of these areas. The analysis of strategic documents of regional development, however, shows that the issue of interregional cooperation has not been duly addressed at any level, theoretical or practical. It is important to strengthen international trade capacity and to increase cooperation in other areas of cross-border relations, since these processes are crucial for Russia’s integration into the global markets.

  1. ONLINE ADVERTISING DEVELOPMENT AND THEIR ECONOMIC EFFECTIVENESS

    Directory of Open Access Journals (Sweden)

    Tchai Tavor

    2011-09-01

    Full Text Available Recent years are a testimony to the astonishing development of the Internet, an increasingly important factor in current lifestyle. Internet advertising, as well, has seen a similar development, since marketers' online advertising budgets are growing as the years go by. In this study, I passed questionnaires to Israeli businesses and checked whether there is a difference in efficiency between two of the following types of online advertisement: banner advertisement and pop-up advertisement. I also characterized the respondents with respect to their preferred type of advertisement. The results of the latter showed that the number of clickers on banner advertisement is higher than that of pop-up advertisement, and that its efficiency rates are higher as well. In addition, the characterization of advertisers gave that the probability to advertise a banner advertisement is higher if the manager is either a female, married, older than 40 and employed in the construction, Car Dealership or wedding industry.

  2. Financial Development,Human Capital and Economic Growth

    Institute of Scientific and Technical Information of China (English)

    Guihong; WAN

    2014-01-01

    Financial development and human capital are the important driving forces of economic and social development in Shandong Province,and the level of them as well as the degree of coordination between the two not only affects the transformation of economic development pattern in Shandong Province,but also affects the implementation of leapfrog development strategy in Shandong Province. Through the study,it is found that there is a long-term stable dynamic equilibrium relationship among economic growth,human capital and financial development;the degree of coordination between financial development and human capital in Shandong Province is constantly improved,evolving from imbalance to balance. Obviously,the coordination between financial development and urbanization construction in Shandong Province continues to improve.

  3. Globalization, literacy levels and economic development

    OpenAIRE

    Bhargava, Alok

    2008-01-01

    This paper estimated models for GDP growth rates, poverty levels, and inequality measures for the period 1990–2000 using data on 54 developing countries at five-yearly intervals. Issues of globalization were investigated by analysing the differential effects of the countries’ exports and imports and by postulating trans-logarithmic models that allow for non-linear effects of literacy levels and measures of openness. The main findings were that literacy rates affected growth rates in a quadrat...

  4. BUSINESS ETHICS AND SUSTAINABILITY OF ECONOMIC DEVELOPMENT

    OpenAIRE

    Dan CR?CIUN

    2014-01-01

    This paper begins with a brief analysis of some typical processes which affect in a dramatic way the present and the future resources of world development. Sustainability is one of the key-concepts on which a solution of these negative processes could be based. The abstract idea of sustainability can get a more substantial practical support in connection with the concept of triple bottom line, proposed by J. Elkington. The triple bottom line views the industrial performances of a corporation,...

  5. Talent, Labor Quality and Economic Development

    OpenAIRE

    German Cubas; Ravikumar, B.; Gustavo Ventura

    2012-01-01

    We develop a quantitative theory of labor quality based on the division of the labor force between unskilled and skilled workers, and investments in the quality of skilled labor. We use the theory to quantify the importance labor quality and Total Factor Productivity for cross-country income differences. A central ingredient in our analysis is the observed achievement levels (talent) constructed from PISA scores in a sample of 59 countries. Our findings imply that the cross-country difference...

  6. Economic Aspects of Sanitation in Developing Countries

    OpenAIRE

    Hoang Van Minh; Nguyen Viet Hung

    2011-01-01

    Background: Improved sanitation has been shown to have great impacts on people’s health and economy. However, the progress of achieving the Millennium Development Goals (MDGs) on halving the proportion of people without access to clean water and basic sanitation by 2015 has thus far been delayed. One of the reasons for the slow progress is that policy makers, as well as the general public, have not fully understood the importance of the improved sanitation solutions. This paper, by gathering ...

  7. Joint venture capital investment for clean technologies and their problems in developing countries.

    Science.gov (United States)

    Doelle, H W

    1996-09-01

    All technological developments are aimed at improving the quality of life of a community of people. Biotechnology is a technology which allows the exploitation of microorganisms, plants and animal cells to take place within an economic framework. Developing countries are looking for programmes achieving sustainable, economical growth conducive to a higher per capita income of the community. Any joint venture which promises social advances and economic benefits will have to be rural-based. This presentation discusses the need for a change in fermentation industry attitudes to allow joint venture capital investment in clean technologies together with the problems developing countries face for the implementation of such technologies.

  8. Improvement of the organizational-economic mechanism of developing heat supply city system

    Directory of Open Access Journals (Sweden)

    Doroshenko, Valentina

    2012-05-01

    Full Text Available The article examines a complex of social and economic problems that accompany the development of heat supply systems in Ukraine. It is determined that the negative effects of district heating in the cities and towns are caused by the failure of current management mechanism to ensure the solution of basic problems and implement the heat supply system as life support system. The main goal of study was the development of theoretical, methodological and methodical principles of organizational-economic mechanism of development of heat supply system based on the analysis of problems and reserves of its formation and implementation. Application of the systematic approach methodology has allowed to conclude that the effectiveness of heat supply is determined by the interaction of a complex of interrelated and interdependent components that form the theoretical, methodological and methodical basis of its ensuring - concepts, strategies, programs, the mechanism of formation and development of heat supply system. The result of the study was developing of the conceptual foundations of improvement of organizational-economic mechanism of heat supply system development, based on the principles of civilized paradigm, methodology to improve its main basic elements - the mechanisms of information, organizational, infrastructural, legal, financial support, tariff setting, energy saving motivation, optimal development of heat supply system so as to satisfy individual requirements of consumers with high effectiveness as a combination of social, economic, energy, environmental effects.

  9. Ant colony optimisation for economic dispatch problem with non-smooth cost functions

    Energy Technology Data Exchange (ETDEWEB)

    Pothiya, Saravuth; Kongprawechnon, Waree [School of Communication, Instrumentation and Control, Sirindhorn International Institute of Technology, Thammasat University, P.O. Box 22, Pathumthani (Thailand); Ngamroo, Issarachai [Center of Excellence for Innovative Energy Systems, Faculty of Engineering, King Mongkut' s Institute of Technology Ladkrabang, Bangkok 10520 (Thailand)

    2010-06-15

    This paper presents a novel and efficient optimisation approach based on the ant colony optimisation (ACO) for solving the economic dispatch (ED) problem with non-smooth cost functions. In order to improve the performance of ACO algorithm, three additional techniques, i.e. priority list, variable reduction, and zoom feature are presented. To show its efficiency and effectiveness, the proposed ACO is applied to two types of ED problems with non-smooth cost functions. Firstly, the ED problem with valve-point loading effects consists of 13 and 40 generating units. Secondly, the ED problem considering the multiple fuels consists of 10 units. Additionally, the results of the proposed ACO are compared with those of the conventional heuristic approaches. The experimental results show that the proposed ACO approach is comparatively capable of obtaining higher quality solution and faster computational time. (author)

  10. Oil exports, structural change, and economic development in Iran

    Energy Technology Data Exchange (ETDEWEB)

    Emami-Khoi, A.

    1981-01-01

    Within the broad Chenery-Kuznets framework, using structural change as a major indicator of economic development, this study investigates the direction and magnitude and broad features of structural change in Iran, and the role of oil production and exports in that change. Although the study covers a larger horizon, the analysis is focused on the period 1955 through 1977. A similar but less-detailed investigation is conducted for Algeria, Indonesia, and Venezuela also, and a cross-country, comparative perspective is generated. The study shows that, in general, the structural changes in Iran have either been weak (for example, in production and employment), or they are contrary to what the model would predict (for instance in trade). The pattern of structural change observed in Iran, therefore, does not indicate any significant economic development even though per capita income increased five-fold over the period 1955 through 1977. In short, oil does not appear to have been an engine of economic development in Iran. The situation appears broadly similar for the other three countries. Based on these findings, the study offers some suggestions concerning the future economic strategies that should enhance very considerably the contribution that oil industry can make toward Iran's economic development, and should thus accelerate the pace of economic development. These suggestions may be useful to other oil-exporting countries as well.

  11. A hybrid HNN-QP approach for dynamic economic dispatch problem

    Energy Technology Data Exchange (ETDEWEB)

    Abdelaziz, A.Y.; Kamh, M.Z.; Mekhamer, S.F.; Badr, M.A.L. [Department of Electrical Power and Machines, Faculty of Engineering, Ain Shams University, 1 Elsarayat Street, Abdo Basha Square, Abbassia, Cairo (Egypt)

    2008-10-15

    This paper introduces a solution of the dynamic economic dispatch (DED) problem using a hybrid approach of Hopfield neural network (HNN) and quadratic programming (QP). The hybrid algorithm is based on using enhanced HNN; to solve the static part of the problem; the QP algorithm for solving the dynamic part of the DED. This technique guarantees the global optimality of the solution due to its look-ahead capability. The new algorithm is applied and tested to an example from the literature and the solution is then compared with that obtained by some other techniques to prove the superiority and effectiveness of the proposed algorithm. (author)

  12. Economic Development Benefits of the Mars Hill Wind Farm, Wind Powering America Rural Economic Development, Case Study (Fact Sheet)

    Energy Technology Data Exchange (ETDEWEB)

    2009-06-01

    This case study summarizes the economic development benefits of the Mars Hill Wind Farm to the community of Mars Hill, Maine. The Mars Hill Wind Farm is New England's first utility-scale wind farm.

  13. A new method for evaluating worst- and best-case (WBC) economic consequences of technological development

    DEFF Research Database (Denmark)

    Schjær-Jacobsen, Hans

    1996-01-01

    This paper is addressing the problem of evaluating economic worst- and best-care (WBC) consequences of technological development in industrial companies faking into account uncertainties and lack of exact cost and market information. In the theoretical part of the paper, the mathematical concepts...

  14. Policy Implications of Solutions of Dynamic Optimal Production Problems for Disinflationary Economic Policies

    OpenAIRE

    Mustafa Akan

    2002-01-01

    The speed of the application of current economic policies that are being followed in Turkey is a very important question. This paper uses the results of the solutions of optimal control theoretic inventory and production problems for companies to offer opinions on this question under various assumptions on interest rates. The most important result of the paper is that the rate of decline of interest rates is as important as the absolute level of interest rates for investors to start investing...

  15. DEMOCRATIC PSO ALGORITHM FOR THE ECONOMIC DISPATCH PROBLEM WITH VALVE-POINT EFFECTS

    OpenAIRE

    SECUI D.C.; Dumitrescu, D.; BUNDA S.

    2015-01-01

    This paper presents an optimization algorithm called Democratic Particle Swarm Optimization (DPSO), aiming to solve the economic dispatch problem. The DPSO algorithm is applied in the original version and also in a new version in which it is endowed with the chaotic Sine map (DPSO-Sine algorithm). The performance of DPSO and DPSOSine algorithms is tested on two systems having 13, and respectively 40 generating units. The results show that DPSO and DPSO-Sine have bet...

  16. Oral-Dental Health Problems and Related Risk Factors Among Low Socio-Economic Status Students

    Directory of Open Access Journals (Sweden)

    Deniz Kocoglu

    2014-12-01

    CONCLUSIONS: Poor socio-economic situation is considered a major risk for dental health however parents with low education, not having toothbrush and not to consume milk per day were risk factors for dental health negatively affect. Providing toothbrush for students with low socioeconomic status and distribution of milk in school can decrease the problems of in terms of dental health for this group [TAF Prev Med Bull 2014; 13(6.000: 479-486

  17. Local Economic Development. New generation of actors, policies and instruments

    OpenAIRE

    Helmsing, A.H.J.

    2001-01-01

    This is a summary report prepared for the UNCDF symposium on Decentralized Local Governance in Africa. The author explains how conditions for local economic development has changed, by distinguishing two sets of forces of change. The first refers to fundamental changes in development policy, while the second in the context of local development refers to what Dicken (1998) called the new 'geo-economy'.

  18. Approaches of Extension Specialists to Teaching Community and Economic Development.

    Science.gov (United States)

    Leones, Julie

    1995-01-01

    Responses from 64 of 80 extension agents specializing in community resources and economic development identified the "Journal of the Community Development Society" as the primary source of ideas and information. Frequently cited program topics were entrepreneurship, fiscal policy, budgeting, strategic planning, and leadership development. Among…

  19. Gender Disparity in Third World Technological, Social, and Economic Development.

    Science.gov (United States)

    Akubue, Anthony I.

    2001-01-01

    Socialization of women in developing countries inhibits their education and employment in scientific and technical fields. This mindset perpetuates poverty and limits economic and social development. Solutions include elimination of gender bias, information dissemination, replication of successful development projects, use of role models, and…

  20. Workforce and Economic Development Annual Report, 2011-2012

    Science.gov (United States)

    California Community Colleges, Chancellor's Office, 2013

    2013-01-01

    The California Community Colleges Workforce and Economic Development program (WED program) helps students, incumbent workers, business partners and industries develop skilled competencies in critical industry sectors. As a source for developing and implementing training and curriculum, the WED program is instrumental in helping the community…

  1. Economics of Developing Hot Stratigraphic Reservoirs

    Energy Technology Data Exchange (ETDEWEB)

    Greg Mines; Hillary Hanson; Rick Allis; Joseph Moore

    2014-09-01

    Stratigraphic geothermal reservoirs at 3 – 4 km depth in high heat-flow basins are capable of sustaining 100 MW-scale power plants at about 10 c/kWh. This paper examines the impacts on the levelized cost of electricity (LCOE) of reservoir depth and temperature, reservoir productivity, and drillhole/casing options. For a reservoir at 3 km depth with a moderate productivity index by hydrothermal reservoir standards (about 50 L/s/MPa, 5.6 gpm/psi), an LCOE of 10c/kWh requires the reservoir to be at about 200°C. This is the upper temperature limit for pumps. The calculations assume standard hydrothermal drilling costs, with the production interval completed with a 7 inch liner in an 8.5 inch hole. If a reservoir at 4 km depth has excellent permeability characteristics with a productivity index of 100 L/s/MPa (11.3 gpm/psi), then the LCOE is about 11 c/kWh assuming the temperature decline rate with development is not excessive (< 1%/y, with first thermal breakthrough delayed by about 10 years). Completing wells with modest horizontal legs (e.g. several hundred meters) may be important for improving well productivity because of the naturally high, sub-horizontal permeability in this type of reservoir. Reducing the injector/producer well ratio may also be cost-effective if the injectors are drilled as larger holes.

  2. Inoculant production in developing countries - Problems, potentials and success

    International Nuclear Information System (INIS)

    Sustainable agriculture is a long-term goal that seeks to overcome some of problems and constraints that confront the economic viability, environmental soundness and social acceptance of agricultural production systems. In this context, bio-fertilizers assume special significance particularly because they are 'eco-friendly', but also since their alternative, chemical fertilizers are expensive. Undoubtedly, the most commonly used bio-fertilizers are soil bacteria of the genus Rhizobium, but others like Azolla, Azospirillum, various cyanobacteria also contribute significant amounts of N to e.g. rice. Other bacteria like Frankia and Acetobacter contribute N to trees of the genus Casuarina and sugarcane, respectively. Furthermore, although they are rarely used as inoculants, vesicular arbuscular mycorrhizae (VAM) and phosphobacteria help countless plants solubilise and assimilate soil phosphorus. Despite these advantages, bio-fertilizers could be more widely used in developing countries. Contingent upon greater use is improved quality of the inoculants, and all aspects of their production are discussed here. (author)

  3. [Development of the Bandama Valley. Sanitary and social problems].

    Science.gov (United States)

    Picot, H

    1976-01-01

    As with all water resources development projects in countries with hot climate, the man-made lake of Kossou in Ivory Coast presents social and sanitary problems. Although the resettlement and the economic recuperation of the inhabitants are well on the way, the health hazards and especially that of the generalization of schistosomiasis calls for an urgent solution. Though well planed in advance, the creation of this man-made lake, illustrates the necessity at the very beginning of a project that will distrub all the ecology of a region, to establish the total disadvantages and health hazards incurved by the people who live there. To the cost of a project should be added that of measures that would contribute to the reduction of these risks before it is too late. PMID:189949

  4. Preferential Market Access, Foreign Aid and Economic Development

    DEFF Research Database (Denmark)

    Afesorgbor, Sylvanus Kwaku; Abreha, Kaleb Girma

    contributed to the economic development of the beneficiary countries. Focusing on the ACP countries over the period 1970-2009, we show that only the EU preferential scheme is effective in promoting exports and that market access plays a significant and economically large role in the development of beneficiary......Several studies highlight that exporters in developing countries face substantial trade costs. To reduce these costs, a few developed countries mainly Canada, the EU, Japan and the USA granted preferential market access to these exporters. We assess whether these preferential accesses have...

  5. The cities as a socio-economic basis of the Russian North's development

    Directory of Open Access Journals (Sweden)

    Vladimir Grigor'evich Loginov

    2012-09-01

    Full Text Available This paper reviews the problems of socio-economic development of cities in the Russian North. The peculiarities of their formation and evolution from the strong points of reclamation to multifunctional development of urban settlements are shown. The periods are marked and the reasons for the emergence of cities in historical perspective are identified. The peculiarities of placing cities on the territory of the Russian North, and some of its macro-regions defined as compact urban areas are reviewed. A grouping procedure of urban settlements according to the economic specialization and administrative functions is made. A close relationship between the developments of urban settlements with the cyclic use of natural resources is shown; the risks arising from their single-industry development and economic diversification problems of cities associated with the high cost northern factors are noted. The role and influence of cities on the social and economic processes in selected macro regions and subjects of the northern zone of the Russian Federation are revealed. A special role of cities in the socio-economic development of the northern subjects of the Federation is underlined. The main directions of the development of different functionality cities in a promising period are reviewed.

  6. Developing drugs for the developing world: an economic, legal, moral, and political dilemma.

    Science.gov (United States)

    Resnik, D B

    2001-05-01

    This paper discusses the economic, legal, moral, and political difficulties in developing drugs for the developing world. It argues that large, global pharmaceutical companies have social responsibilities to the developing world, and that they may exercise these responsibilities by investing in research and development related to diseases that affect developing nations, offering discounts on drug prices, and initiating drug giveaways. However, these social responsibilities are not absolute requirements and may be balanced against other obligations and commitments in light of economic, social, legal, political, and other conditions. How a company decides to exercise its social responsibilities to the developing world depends on (1) the prospects for a reasonable profit and (2) the prospects for a productive business environment. Developing nations can either help or hinder the pharmaceutical industry's efforts to exercise social responsibility through various policies and practices. To insure that companies can make a reasonable profit, developing nations should honor pharmaceutical product patents and adhere to international intellectual property treaties, such as the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement. To insure the companies have a good business environment, developing nations should try to promote the rule of law, ethical business practices, stable currencies, reliable banking systems, free and open markets, democracy, and other conditions conducive to business. Overall, this paper advocates for reciprocity and cooperation between pharmaceutical companies and developing nations to address the problem of developing drugs for the developing world. In pursuing this cooperative approach, developing nations may use a variety of other techniques to encourage pharmaceutical companies to act responsibly, such as subsidizing pharmaceutical research, helping to design and implement research protocols, providing a guaranteed market, and

  7. TERTIARY SECTOR'S ROLE IN ECONOMIC DEVELOPMENT OF ROMANIA

    Directory of Open Access Journals (Sweden)

    Răbonţu Cecilia Irina

    2012-12-01

    Full Text Available In situations of economic instability any sector seems to be affected. Tertiary sector was one of the most dynamic sectors of the economy before the economic crisis, reason why we want to see if it follows the same trend even in times of crisis, ie in the period 2007-2010. Thus, we used indicators considered significant in determining its role for the exit from the crisis and for economic development in Romania, whose values are provided by the National Institute of Statistics.

  8. Institutional Problems and Development Perspectives Innovative Entrepreneurship in Resource Economics

    OpenAIRE

    Rutskiy Vladislav, N.; Pyzhev Igor, S.

    2015-01-01

    The paper justifies the necessity to transit towards the mobilization model "triple helix" (strategic partnership of science and education organizations, business and government, the public). Innovation as a product of entrepreneurship permeate the system of relations from top to bottom – from more efficient ways of doing home Ho households, and to design mechanisms of state regulation of the economy. However, at the theoretical level, the relationship remains poorly studied in-novations as a...

  9. Entrepreneurship and Economic Development: Theory, Evidence and Policy

    OpenAIRE

    Naudé, W.

    2013-01-01

    This paper provides an overview of the state of the art of the intersection of development economics and entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights from the intersection of entrepreneurship and development studies; (ii) the empirical evidence on the relationship between entrepreneurship and development; and (iii) fresh insights for entrepreneurship policy for development that emerges from recent advanc...

  10. Credit Market Development and Economic Growth an Empirical Analysis for United Kingdom

    Directory of Open Access Journals (Sweden)

    Athanasios Vazakidis

    2011-01-01

    Full Text Available Problem statement: This study investigated the causal relationship between credit market development and economic growth for UK for the period 1975-2007 using a Vector Error Correction Model (VECM. Questions were raised whether economic growth spurs credit market development taking into account the negative effect of inflation rate on credit market development. This study aimed to investigate the short-run and the long-run relationship between bank lending, gross domestic product and inflation rate applying the Johansen cointegration analysis. Approach: To achieve this objective classical and panel unit root tests were carried out for all time series data in their levels and their first differences. Johansen cointegration analysis was applied to examine whether the variables are cointegrated of the same order taking into account the maximum eigenvalues and trace statistics tests. Finally, a vector error correction model was selected to investigate the long-run relationship between economic growth and credit market development. Results: A short-run increase of economic growth per 1% induces an increase of bank lending 0.006%, while an increase of inflation rate per 1% induces a relative decrease of bank lending per 1.05% in UK. The estimated coefficient of error correction term is statistically significant and has a negative sign, which confirms that there is not any problem in the long-run equilibrium between the examined variables. Conclusion: The empirical results indicated that there is a unidirectional causal relationship between economic growth and credit market development with direction from economic growth to credit market development and a bilateral causality between inflation and credit market development for United Kingdom. Bank development is determined by the size of bank lending directed to private sector at times of low inflation rates leading to higher economic growth rates.

  11. Improving software development process through economic mechanism design

    OpenAIRE

    Yilmaz, Murat; O'Connor, Rory V.; Collins, J J

    2010-01-01

    peer-reviewed We introduce the novel concept of applying economic mechanism design to software development process, and aim to find ways to adjust the incentives and disincentives of the software organization to align them with the motivations of the participants in order to maximize the delivered value of a software project. We envision a set of principles to design processes that allow people to be self motivated but constantly working toward project goals. The resulting economic mechani...

  12. THE FOUNDATION OF ENGLISH BASIC TERM ECONOMICS AND ITS DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Khudinsha, E.A.

    2016-06-01

    Full Text Available The article shows the peculiarities of the English basic economical term origin “economics”, the dynamics of this term development. The lexical unit “economics” was based by the borrowing from Greek and Latin languages and began to be used actively in the meaning of the management of the household and modified to the term “economics” (the main modern economical science component.

  13. THE FOUNDATION OF ENGLISH BASIC TERM ECONOMICS AND ITS DEVELOPMENT

    OpenAIRE

    Khudinsha, E.A.

    2016-01-01

    The article shows the peculiarities of the English basic economical term origin “economics”, the dynamics of this term development. The lexical unit “economics” was based by the borrowing from Greek and Latin languages and began to be used actively in the meaning of the management of the household and modified to the term “economics” (the main modern economical science component).

  14. Energy price increases and economic development in Malaysia.

    OpenAIRE

    Fong CO

    1984-01-01

    ILO pub-WEP pub. Working paper on the impact of higher energy costs (particularly petroleum price increases) on economic development in Malaysia, 1973 to 1983 - outlines trends in gross domestic product, balance of payments, trade and economic growth; considers household income and fuel expenditure of low income rural communitys; deals with choice of technology and employment in certain high power consumption industries; discusses energy policy implications. Graphs, maps, questionnaires, refe...

  15. Explaining economic growth in developed economies after 1980

    OpenAIRE

    Ballesteros, Carlos; Posada, Carlos E.

    2016-01-01

    We use the Aguion and Howitt (2009) theoretical model of endogenous economic growth to explain the declining economic growth in developed economies in the period 1981-2009. Aguion and Howitt theoretical framework combines Solownian and Schumpeterian elements in a single scenario, so that labor-augmenting technological progress and capital accumulation per efficiency unit of labor are both caused not only by exogenous changes in the investment rate but also by shocks to the degree of efficienc...

  16. Innovation, knowledge transfer and territorial economical development: a pending politics

    OpenAIRE

    Alburquerque Llorens, Francisco

    2008-01-01

    The current phase of economic development leans on knowledge, so the introduction of innovation in production is not only a technical and economic fact but also a social, political and cultural process. This process of innovation is not a linear one but a complex phenomenon which needs a territorial interface between knowledge owners and users. The discussion about the construction of territorial systems of innovation is not yet wide spread among us, and even less are the recommendations comi...

  17. Competitiveness in Services, Driving Force of Economic Development

    OpenAIRE

    RAMONA PÎRVU; MARIA DANATIE ENESCU

    2012-01-01

    The competitiveness of a nation is ensured by the profitable activity of firms. They strengthen their position in the domestic and international markets through global strategies whose purpose is to increase productivity and maintain it at a high level. For this, the company must take into account both the internal economic environment which ensures operating conditions and the external economic environment’s development. The five competitive forces determine the industry’s profitability beca...

  18. Recent Developments in Financial Economics and Econometrics: An Overview

    OpenAIRE

    Chang, Chia-Lin; Allen, David; McAleer, Michael

    2013-01-01

    textabstractResearch papers in empirical finance and financial econometrics are among the most widely cited, downloaded and viewed articles in the discipline of Finance. The special issue presents several papers by leading scholars in the field on “Recent Developments in Financial Economics and Econometrics”. The breadth of coverage is substantial, and includes original research and comprehensive review papers on theoretical, empirical and numerical topics in Financial Economics and Econometr...

  19. Recent Developments in Financial Economics and Econometrics: An Overview

    OpenAIRE

    Chang, Chia-Lin; Allen, David; McAleer, Michael

    2013-01-01

    See the article in The North American Journal of Economics and Finance (2013). Volume 26(C), pages 217-226. Research papers in empirical finance and financial econometrics are among the most widely cited, downloaded and viewed articles in the discipline of Finance. The special issue presents several papers by leading scholars in the field on “Recent Developments in Financial Economics and Econometrics”. The breadth of coverage is substantial, and includes original research and comprehensive r...

  20. Recent Developments in Financial Economics and Econometrics: An Overview

    OpenAIRE

    Chang, Chia-Lin; Allen, David; McAleer, Michael

    2013-01-01

    Research papers in empirical finance and financial econometrics are among the most widely cited, downloaded and viewed articles in the discipline of Finance. The special issue presents several papers by leading scholars in the field on “Recent Developments in Financial Economics and Econometrics”. The breadth of coverage is substantial, and includes original research and comprehensive review papers on theoretical, empirical and numerical topics in Financial Economics and Econometrics by leadi...