What Drives Economic Growth in Some CEE Countries?

Directory of Open Access Journals (Sweden)

Simionescu Mihaela

2018-03-01

Full Text Available Considering the potential factors that might generate economic growth, a target for any economy, this paper identified some determinants of economic growth in the countries from Central and Eastern Europe (CEE countries that are member states of the European Union. The foreign direct investment was the most important determinant of economic growth in most of the countries (Bulgaria, Slovenia, Estonia, Hungary, Romania, Poland, Latvia, Lithuania in the period 2003-2016, according to Bayesian bridge regressions. The indicators related to the level and the quality of labour resources proved to be insignificant in explaining the economic growth in these countries. Moreover, in Croatia, Estonia, Latvia, Lithuania, and Poland, the government expenditure on education had a negative effect on economic growth.

Productivity in physical and chemical science predicts the future economic growth of developing countries better than other popular indices.

Directory of Open Access Journals (Sweden)

Klaus Jaffe

Full Text Available Scientific productivity of middle income countries correlates stronger with present and future wealth than indices reflecting its financial, social, economic or technological sophistication. We identify the contribution of the relative productivity of different scientific disciplines in predicting the future economic growth of a nation. Results show that rich and poor countries differ in the relative proportion of their scientific output in the different disciplines: countries with higher relative productivity in basic sciences such as physics and chemistry had the highest economic growth in the following five years compared to countries with a higher relative productivity in applied sciences such as medicine and pharmacy. Results suggest that the economies of middle income countries that focus their academic efforts in selected areas of applied knowledge grow slower than countries which invest in general basic sciences.

Economic openness and economic growth: A cointegration analysis for ASEAN-5 countries

Directory of Open Access Journals (Sweden)

Klimis Vogiatzoglou

2016-11-01

Full Text Available The paper considers three channels of economic openness, namely FDI, imports, and exports, and examines their short-run and long-run effects on the economic growth in the five founding member countries of the Association of Southeast Asian Nations (ASEAN over the period from 1980 to 2014. Besides the impact on the economic growth, the authors analyze all possible causal interrelationships to discern patterns and directions of causality among FDI, imports, exports, and GDP. The quantitative analysis, which is based on the vector error correction co-integration framework, is conducted separately for each country in order to assess their individual experiences and allow for a comparative view. Although the precise details differ across countries, the findings indicate that there is a long-run equilibrium relationship between economic openness and GDP in all ASEAN-5 economies. FDI, imports and exports have a significantly positive short-run and long-run impact on the economic growth. Our results also show that export-led growth is the most important economic growth factor in most countries, followed by FDI-led growth. Another crucial finding is the bi-directional causality between exports and FDI across the ASEAN-5 countries. This indicates the presence of direct and indirect effects on GDP and a self-reinforcing process of causality between those two variables, which strengthens their impact on the economic growth.

Development of gas markets in developing countries and in countries in economical transition

International Nuclear Information System (INIS)

Roze, J.; Guegan, G.; Guerrini, Y.; Marzeau, J.M.

2000-01-01

The WOC 10 working committee of the CMG 2000 worldwide gas congress was devoted to the study of gas markets in developing countries and in countries in economical transition. This committee comprises three group of studies covering the following topics: natural gas in the less developed countries (environment protection, power production, institutional framework and cooperation), natural gas in countries in economical transition (situation in Eastern Europe, reforms and investments, prices and tariffs, towards the integration to the European Union), natural gas in developing countries (financing and technology transfers, down-side gas development, economical viability, technology transfers, projects financing, recommendations), inter-region development and power production (South America, Asia, role of the worldwide bank). (J.S.)

A Mathematical Model of Economic Population Dynamics in a Country That Has Optimal Zakat Management

Science.gov (United States)

Subhan, M.

2018-04-01

Zakat is the main tools against two issues in Islamic economy: economic justice and helping the poor. However, no government of Islamic countries can solve the economic disparity today. A mathematical model could give some understanding about this phenomenon. The goal of this research is to obtain a mathematical model that can describe the dynamic of economic group population. The research is theoretical based on relevance references. From the analytical and numerical simulation, we conclude that well-manage zakat and full comitment of the wealthy can achieve wealth equilibrium that represents minimum poverty.

A poor country clothing the rich countries: case of garment trade in Bangladesh

OpenAIRE

ALI MUHAMMAD MAHBOOB; MEDHEKAR ANITA

2016-01-01

The ready-made garment industry of Bangladesh is one of the largest formal manufacturing sectors. It has played a key role in the country’s process of industrialisation, empowerment of women, export oriented development and growth. Workers from poor socio-economic backgrounds are working in the garment industry. Their health, safety and working conditions are very poor and not protected. There is a lack of regular inspection and compliance with local law in buildings and factories. This led t...

A poor country clothing the rich countries: case of garment trade in Bangladesh

Directory of Open Access Journals (Sweden)

Muhammad Mahboob Ali

2016-12-01

Full Text Available The ready-made garment industry of Bangladesh is one of the largest formal manufacturing sectors. It has played a key role in the country’s process of industrialisation, empowerment of women, export oriented development and growth. Workers from poor socio-economic backgrounds are working in the garment industry. Their health, safety and working conditions are very poor and not protected. There is a lack of regular inspection and compliance with local law in buildings and factories. This led to the collapse of the eight story Rana Plaza building in the capital Dhaka on the 24th of April 2013, “killing 1,100 workers and 2,500 injured”2 . The main aim of the study is to assess the impact of Rana Plaza Tragedy, where RMG workers make garments for multinational brands of Australia, Europe and USA, and the advantage which took these companies of the absence of labour laws, workplace health and safety standards, building standards, long working hours and low wages in Bangladesh. The study used both primary and secondary data including related case studies. The practical application of the study is to develop formal ethical, labour-law, health and safety standards for a factory worker; construction; institutions and courts for monitoring the supplier’s behaviour onshore and large multinational firms offshore. The study recommends to protect the rights of women workers who are sowing garments for the fashion conscious consumers from the developed countries. Future research will explore inclusive growth for workers and how to stimulate inclusive sustainable business for export led garment industry.

WTO accepts rules limiting medicine exports to poor countries.

Science.gov (United States)

James, John S

2003-09-12

In a controversial decision on August 30, 2003, the World Trade Organization agreed to complex rules limiting the export of medications to developing countries. Reaction to the decision so far has shown a complete disconnect between trade delegates and the WTO, both of which praise the new rules as a humanitarian advance, and those working in treatment access in poor countries, who believe that they will effectively block treatment from reaching many who need it. We have prepared a background paper that analyzes this decision and its implications and offers the opinions of key figures on both sides of the debate. It is clear that the rules were largely written for and probably by the proprietary pharmaceutical industry, and imposed on the countries in the WTO mainly by the United States. The basic conflict is that this industry does not want the development of international trade in low-cost generic copies of its patented medicines--not even for poor countries, where little or no market exists. Yet millions of people die each year without medication for treatable conditions such as AIDS, and drug pricing remains one of several major obstacles to controlling global epidemics.

[Poor, propertyless and pregnant: classification of women's status by country].

Science.gov (United States)

1988-12-01

A new study called "Poor, propertyless, and pregnant" that classified the condition of women in 99 countries found women in Sweden, Finland, and the US to enjoy the best legal and social conditions and the greatest degree of equality with men. The worst discrimination against women occurred in Bangladesh, Mali, Afghanistan, North Yemen, Pakistan, Nigeria, and Saudi Arabia. Women do not have complete equality with men in any country. But over 60% of the world's female population lives in countries where extensive poverty and sexual discrimination have created conditions of deprivation. One of the principal mechanisms that negatively influences the condition of women is early procreation; early and frequent childbirth obliterates women's chances for education and paid employment. Feminization of poverty is becoming universal, largely because a growing proportion of households are headed by women with dependent children. In developed and developing countries alike, working women with families work a double day. Although the struggle for legal and social equality for women takes different forms in different countries, certain basic measures can be applied by all governments. Reforms are needed to give women access to more remunerative jobs, equal property rights, and access to credit. Greater investments are needed in reproductive health and in education and training for women. Governments, employers, and husbands should recognize the social value of childbirth and child rearing. The study is divided into 5 sections, each of which has 4 series of data, so that each country is evaluated on 20 variables. The 5 sections are health, nuptiality and children, education, economic participation, and social equality. In most developed countries women live an average of 7 years longer than men, but in developing countries the difference is only 2 years. Complications of pregnancy and childbirth cause the deaths of over 500,000 women each year and affect another 5 million, mostly

Political competition, economic reform and growth : theory and evidence from transition countries

OpenAIRE

Pavletic, Ivan

2010-01-01

Which political and institutional factors trigger reforms that enable the poor to benefit from the process of economic growth? How can the incentives of policy makers be influenced in order to achieve such a dynamic? These are the questions this study seeks to address by examining the transition process in post-communist countries. The author argues that political competition within an accepted and respected institutional environment has been a driving force in shaping the direction and succe...

Economic Indicators Selected Countries.

Science.gov (United States)

1987-12-01

DEFENCE I ECONOMIC INDICATORS SELECTED COUNTRIES DECEMBER QUARTER 1987 . ’-H ISSUED BY MANPOWER POLICY & STRATEGIES BRANCH " "’ :.S S ’,1l f ,am -m mW...100 Sour:e: Main Economic Indicators (OECD) Manufactured Basic Metal Year Goods Chemicals Metals Products 1980 100 100 100 100 1981 110 117 102 107...Earnings of all 1982 1986 7.4 Male Employees (a) Aug 1986 Aug 1987 4.8 Hourly Wace Rates 3 1979 1987 lt.2 Garden Island 1983 1987 6.7 Dockyards Dec

The Bidirectional Causality between Country-Level Governance, Economic Growth and Sustainable Development: A Cross-Country Data Analysis

Directory of Open Access Journals (Sweden)

Cristina Boţa-Avram

2018-02-01

Full Text Available In the context of contemporary society, characterized by the information users’ growing and differentiated needs, the way country-level governance and social responsibility contribute to the ensuring of sustainable economic development is a concern for all the actors of the economic sphere. The aim of this paper is to test the causal linkages between the quality of country-level governance, economic growth and a well-known indicator of economic sustainable development, for a large panel of world-wide countries for a period of 10 years (2006–2015. While there are some prior studies that have argued the bidirectional causality between good public governance and economic development, this study intends to provide a new focus on the relationship between country-level governance and economic growth, on one hand, and between country-level governance and adjusted net savings, as a selected indicator of economic sustainable development, on the other hand. Four hypotheses on the causal relationship between good governance, economic growth and sustainable development were tested by using Granger non-causality tests. Our findings resulting from Granger non-causality tests provide reasonable evidence of Granger causality from country-level governance to economic growth, but from economic growth to country-level governance, the causality is not confirmed. In what regards the relationship between country-level governance and adjusted net savings, the bidirectional Granger causality is not confirmed. The main implication of our study is that improving economic growth and sustainable development is a very challenging issue, and the impact of macro-level factors such as country-level governance should not be neglected.

The Row Material Policy In Poor And Small Countries

Directory of Open Access Journals (Sweden)

Lilia ŞARGU

2016-06-01

Full Text Available The major tasks concerning economic diversification and modernization mean the importance of priorities for foreign policy regarding economic diplomacy. Thinking about the governmental tasks for prioritizing directions of foreign trade activities, by attracting international investors, by upgrading technology, importing advanced foreign technologies, exporting development, and promoting national economic interests abroad. The Governmental structures and authorized institutions always relay on importance for external economic policy, focusing on achieving concrete economic results. In a globalized industrialization, tasks of economic modernization, development of the resource and infrastructure establishing for the Ministry of Foreign Affairs and European Integration, tasks that require intensification of economic cooperation in a widespread area. The particular importance in this research has the close relationship between cooperation within international organizations with universal or regional interests. Achieving the objectives of economic diplomacy will help improve the competitiveness of the economy ultimately, create new industries and jobs and economic growth of the country as a whole.

Foreign Direct Investment, Host Country Factors and Economic Growth

OpenAIRE

Edna Maeyen Solomon

2011-01-01

This paper analyses how the levels of economic development, human capital, financial development and the qualities of the economic and political environments in host countries simultaneously affects the impact of aggregate inflows of Foreign Direct Investment (FDI) on economic growth. Multiple interaction terms are employed between inward FDI and each of the host country factors mentioned above. The System GMM estimator is applied to a panel of 111 countries from 1981 to 2005. The results sho...

Electricity consumption and economic growth in seven South American countries

International Nuclear Information System (INIS)

Yoo, Seung-Hoon; Kwak, So-Yoon

2010-01-01

This paper attempts to investigate the causal relationship between electricity consumption and economic growth among seven South American countries, namely Argentina, Brazil, Chile, Columbia, Ecuador, Peru, and Venezuela using widely accepted time-series techniques for the period 1975-2006. The results indicate that the causal nexus between electricity consumption and economic growth varies across countries. There is a unidirectional, short-run causality from electricity consumption to real GDP for Argentina, Brazil, Chile, Columbia, and Ecuador. This means that an increase in electricity consumption directly affects economic growth in those countries. In Venezuela, there is a bidirectional causality between electricity consumption and economic growth. This implies that an increase in electricity consumption directly affects economic growth and that economic growth also stimulates further electricity consumption in that country. However, no causal relationships exist in Peru. The documented evidence from seven South American countries can provide useful information for each government with regard to energy and growth policy.

Economic, Financial, and Political Crisis and Well-Being in the PIGS-Countries

Directory of Open Access Journals (Sweden)

Knut Halvorsen

2016-12-01

Full Text Available The research question in this article is threefold: To which degree is the financial crisis of 2008 and the subsequent recession associated with reduced well-being among people in the four hardest affected EURO countries? Are individual factors associated with reduced well-being the same in these countries? and Are lower socioeconomic groups more severely hit than the better off?. Data before the crisis are compared with data in 2013/2014 (EU-SILC [European Union Statistics on Income and Living Conditions] survey 2013 for Greece, Portugal, Ireland, and Spain. Finland is used as a reference category. Before control of individual characteristics, regressions demonstrate a small and mostly significant fall in average satisfaction with life in these countries, Portugal being an exception. According to the theory of capability and actual economic and political development, it was hypothesized that Greece—being the worst case in terms of economic development—may experience the greatest fall in life satisfaction. This hypothesis is not supported by the data. In fact, the strongest decline was found in Ireland. In particular, lack of political trust stands in Greece out as having an impact, while poor health is related to Ireland and unemployment to Portugal and Spain. Greatest socioeconomic inequality in life satisfaction was found in Portugal.

Some Peculiarities of the Economic Growth in ECOWAS Countries

Directory of Open Access Journals (Sweden)

Babacar NDIAYE

2017-12-01

Full Text Available This article seeks to determine some of the peculiarities of the economic growth in the countries from the Economic Community of West African States (ECOWAS. Thus, the study is based on the country approach and uses econometric regression tests. In fact, in the context of the determination of the real GDP per capita growth rate of the countries in this region during the period 1987-2014, the results obtained show that it is still weak and unstable. Moreover, the weak convergence that has only been observed beginning with 2008 feeds the hope that ECOWAS can truly improve its level of development despite the heterogeneous nature of the countries. In order to overcome these difficulties, improving the socio-economic performance through the growth rate of real GDP per capita represents, among others, a necessity in relation to economic policy decisions.

EFFECTS OF THE ECONOMIC FREEDOMS ON THE ECONOMIC GROWTH: EVIDENCE FROM THE EU AND COMCEC COUNTRIES (1996-2015

Directory of Open Access Journals (Sweden)

HALİL İBRAHİM AYDIN

2017-06-01

Full Text Available In this research, the effects of the economic freedoms on the economic growth for EU and COMCEC countries at different development/income level are econometrically analyzed via panel data analysis for the period of 1996- 2014 by being considered the improvement of economic growth theories for the key determinants of economic growth. From this aspect, it is aimed at this research that to evaluate the effects of the economic freedoms on the long termed economic growth performances and income level differences of EU and COMCEC countries which have different statuses in terms of economic freedoms and income level indicators. It is determined at the end of the study that the economic freedoms have a positive and statistically significant effect on the economic growth of EU countries in investigation period, on the other hand, these freedoms have not any effect on the economic growth of COMCEC countries. Moreover, the existence of a one-way causality relation operates from economic freedoms to the economic growth in EU countries is specified while there is any causality link found between these freedoms and the economic growth for the countries in COMCEC group. All these results indicate that also the economic freedoms besides the physical human capital accumulation, in other words, whether the EU and COMCEC countries have a market economy adopts outward-oriented liberal fiscal policies plays a major role in differentiating the income levels or the economic growth performances.

IMF and economic reform in developing countries

DEFF Research Database (Denmark)

Abbott, Philip; Andersen, Thomas Barnebeck; Tarp, Finn

2010-01-01

approach is in order. However, the cross-country approach is unlikely to provide a sound basis for drawing clear conclusions, so we review IMF programs from a different perspective, involving a broader literature on development strategy. In particular, it is widely accepted that a common characteristic......In this paper we assess the IMF approach to economic reform in developing countries. The impact of IMF program participation on economic growth has been evaluated empirically in a cross-country literature, with little evidence of IMF programs having been successful. This suggests that a fresh...... of IMF programs is a high degree of policy rigidity. This is in contrast with studies which hold that unleashing an economy's growth potential hinges on a set of well-targeted policy interventions aimed at removing country-specific binding constraints. The process of locating constraints that bind...

Cigarette pack labelling in 12 countries at different levels of economic development.

Science.gov (United States)

Mir, Hassan; Buchanan, Daniel; Gilmore, Anna; McKee, Martin; Yusuf, Salim; Chow, Clara K

2011-05-01

With increasing restrictions on cigarette marketing, the cigarette pack itself has become a main means of marketing. We describe a method to examine cigarette labelling and use it to evaluate packs collected from 12 countries at different stages of economic development. Health warnings were present on all 115 packs of cigarettes examined, but were on the front and back panels of only 68 per cent. Promotional labels were widespread, found on packs from all countries and more numerous (although not necessarily larger) than health warning labels in 10 of the 12 countries. Deceptive terms such as 'light' and 'mild' were observed on 42 per cent of all packs examined. The simple method described here can be used to compare cigarette labelling and potentially evaluate and track the implementation of cigarette labelling policy. We found health warning legislation poorly enforced and cigarette packs widely used to promote smoking and deceive smokers about health risks. The findings underline the need for generic (plain) packaging.

A Country Report Project for an International Economics Class.

Science.gov (United States)

Abdalla, Adil E. A.

1993-01-01

Asserts that international economics textbooks pay too little attention to the complexity of issues and problems facing individual nations. Describes a country report project included as part of a college-level international or development economics course. Provides two student instruction sheets and a sample country report. (CFR)

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

Electricity consumption and economic growth: A cross-country analysis

International Nuclear Information System (INIS)

Yoo, Seung-Hoon; Lee, Joo-Suk

2010-01-01

Electricity has been the foundation of economic growth, and constitutes one of the vital infra-structural inputs in socio-economic development. The world faces a surge in demand for electricity that is driven by such powerful forces as population growth, extensive urbanization, industrialization, and the rise in the standard of living. This paper attempts to ascertain whether there is a systematic relationship between electricity consumption and economic growth. To this end, we use a large set of data that spans 88 countries during the period, 1975-2004. A statistically significant inverted-U-shaped relationship between per-capita consumption of electricity and per-capita income is detected. Nevertheless, by using a purchasing power parity that is much higher than the per-capita income of all the countries in the world, the level of per-capita income is estimated at the peak point of per-capita electricity consumption to be $61,379 in 2000 constant international dollars. Moreover, we segment the sample into Organization for Economic Cooperation and Development (OECD) countries and non-OECD countries, and separately analyze the developed and developing countries. The separate estimation shows that even though the peak income is higher than the average per-capita income, a statistically significant inverted-U-shaped relationship is found in OECD and developed countries but not in non-OECD and developing countries.

Electricity consumption and economic growth: A cross-country analysis

Energy Technology Data Exchange (ETDEWEB)

Yoo, Seung-Hoon, E-mail: shyoo@hoseo.ed [Department of International Area Studies, Hoseo University, 268 Anseo-Dong, Cheonan, Chungnam 330-713 (Korea, Republic of); Lee, Joo-Suk, E-mail: leejoosuk@hoseo.ed [Department of International Area Studies, Hoseo University, 268 Anseo-Dong, Cheonan, Chungnam 330-713 (Korea, Republic of)

2010-01-15

Electricity has been the foundation of economic growth, and constitutes one of the vital infra-structural inputs in socio-economic development. The world faces a surge in demand for electricity that is driven by such powerful forces as population growth, extensive urbanization, industrialization, and the rise in the standard of living. This paper attempts to ascertain whether there is a systematic relationship between electricity consumption and economic growth. To this end, we use a large set of data that spans 88 countries during the period, 1975-2004. A statistically significant inverted-U-shaped relationship between per-capita consumption of electricity and per-capita income is detected. Nevertheless, by using a purchasing power parity that is much higher than the per-capita income of all the countries in the world, the level of per-capita income is estimated at the peak point of per-capita electricity consumption to be $61,379 in 2000 constant international dollars. Moreover, we segment the sample into Organization for Economic Cooperation and Development (OECD) countries and non-OECD countries, and separately analyze the developed and developing countries. The separate estimation shows that even though the peak income is higher than the average per-capita income, a statistically significant inverted-U-shaped relationship is found in OECD and developed countries but not in non-OECD and developing countries.

Electricity consumption and economic growth. A cross-country analysis

Energy Technology Data Exchange (ETDEWEB)

Yoo, Seung-Hoon; Lee, Joo-Suk [Department of International Area Studies, Hoseo University, 268 Anseo-Dong, Cheonan, Chungnam 330-713 (Korea)

2010-01-15

Electricity has been the foundation of economic growth, and constitutes one of the vital infra-structural inputs in socio-economic development. The world faces a surge in demand for electricity that is driven by such powerful forces as population growth, extensive urbanization, industrialization, and the rise in the standard of living. This paper attempts to ascertain whether there is a systematic relationship between electricity consumption and economic growth. To this end, we use a large set of data that spans 88 countries during the period, 1975-2004. A statistically significant inverted-U-shaped relationship between per-capita consumption of electricity and per-capita income is detected. Nevertheless, by using a purchasing power parity that is much higher than the per-capita income of all the countries in the world, the level of per-capita income is estimated at the peak point of per-capita electricity consumption to be $61,379 in 2000 constant international dollars. Moreover, we segment the sample into Organization for Economic Cooperation and Development (OECD) countries and non-OECD countries, and separately analyze the developed and developing countries. The separate estimation shows that even though the peak income is higher than the average per-capita income, a statistically significant inverted-U-shaped relationship is found in OECD and developed countries but not in non-OECD and developing countries. (author)

Foreign aid, governance quality, and economic growth in developing countries : foreign aid and growth

OpenAIRE

Biboh, Nkoumboh Henrietta

2007-01-01

Most poor developing countries, especially those with limited natural resources, low savings and investment levels, natural disaster stricken, need help from the affluent nations in order to meet some of their development objectives. Still, some that are rich in natural resources equally depend on some form of aid. Though most growth theories stress on investment as an important step to steady economic growth, they are mostly silent on the importance of aid as a component of in vestment and...

Uganda Country Economic Memorandum : Economic Diversification and Growth in the Era of Oil and Volatility

OpenAIRE

World Bank; Government of Uganda

2015-01-01

The objective of the Ugandan government is to make Uganda an upper - middle income country within thirty years. Economic diversification is a key component of that strategy. The country economic memorandum (CEM) report discusses how the emergence of oil and mineral production can contribute to Uganda’s effort to promote economic diversification as a means to achieve sustainable and shared ...

Energy consumption and economic growth revisited in African countries

Energy Technology Data Exchange (ETDEWEB)

Eggoh, Jude C., E-mail: comlanvi-jude.eggoh@univ-orleans.fr [Laboratoire d' Economie d' Orleans (LEO), Universite d' Orleans, Rue de Blois, BP: 6739, 45067 Orleans Cedex 2 (France); Bangake, Chrysost [Laboratoire d' Economie d' Orleans (LEO), Universite d' Orleans, Rue de Blois, BP: 6739, 45067 Orleans Cedex 2 (France); Universite d' Artois and Laboratoire EQUIPPE, Lille 1, FSES, 59655 Villeneuve d' Ascq Cedex (France); Rault, Christophe [Laboratoire d' Economie d' Orleans (LEO), Universite d' Orleans, Rue de Blois, BP: 6739, 45067 Orleans Cedex 2 (France); Toulouse Business School (France)

2011-11-15

The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality tests. The countries are divided into two groups: net energy importers and net energy exporters. It is found that there exists a long-run equilibrium relationship between energy consumption, real GDP, prices, labor and capital for each group of countries as well as for the whole set of countries. This result is robust to possible cross-country dependence and still holds when allowing for multiple endogenous structural breaks, which can differ among countries. Furthermore, we find that decreasing energy consumption decreases growth and vice versa, and that increasing energy consumption increases growth, and vice versa, and that this applies for both energy exporters and importers. Finally, there is a marked difference in the cointegration relationship when country groups are considered. - Highlights: > We assess the energy consumption and economic growth nexus in 21 African countries. > There exists a long-run relationship between energy consumption and economic growth. > This result is robust to cross-country dependence and for structural breaks. > Our findings finally support the feedback hypothesis of bidirectional causality.

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......An important challenge of integrated water resources management (IWRM) is to balance water allocation between different users. While economically and/or politically powerful users have well developed methods for quantifying and justifying their water needs, this is not the case for ecosystems...... 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...

Ranking of Developing Countries Based on the Economic Freedom Index

OpenAIRE

Zirak, Masoumeh; Mehrara, Mohsen

2013-01-01

In this paper we’ve ranked developing countries based on the Economic Freedom index. Therefore we are trying to do the analysis how this ranking is done using numerical taxonomic methodology. To do this, by estimating the effects of the determinants of FDI in 123 developing countries from 1997 to 2010, results showed that with regard to the degree of economic freedom or Economic openness, attract foreign direct investment in each country is different. In this study china, Equator, Liberia, Az...

The Heavily Indebted Poor Countries (HIPC) Initiative Fund Micro ...

African Journals Online (AJOL)

Since Ghana opted for the HIPC debt relief initiative and reached the completion point in June 2004 the country has received several billions of money into the HIPC account at the Bank of Ghana. Part of the funds has been given out in the form of micro-credit to poor households to help reduce their poverty situation.

COMPARATIVE PERSPECTIVES IN ECONOMIC CRISES GEOGRAPHY. ECONOMIC STRATEGIES IN EU COUNTRIES

Directory of Open Access Journals (Sweden)

Roxana Maria Grecu

2011-06-01

Full Text Available The strategies for structural-systemic crisis management have generated, to a geographical level, a number of differences between EU countries. These cleavages are the result of differentialmacroeconomic policies. In this context, this article has the aim of achieving a comparative approach between countries of the south, west and east of the EU space. Also our approach is focused on observing the nature of macroeconomic policies and also on identifying a "pattern" associated with a common ideal -type of "rational choice" in the efficient and effective management of systemic crises. This article aims to identify areas of growth and economic stability of a particular model of public policy and political-economic ideology, to set up a mechanism for "economic engineering”. From the methodological point of view, this article uses a quantitativemethodology, derived from mathematical analysis, statistics and stochastic, in order to explain, understand and predict the possible evolution of the systemic crises in the EU countries. The interest lies in the possibility of giving a model of macroeconomic policy for the adjustment of inflationist imbalances, labor market and pricepolicy, and also in regulating the equation of production-consumption.

The Double Burden of Malnutrition in Countries Passing through the Economic Transition.

Science.gov (United States)

Prentice, Andrew M

2018-01-01

Undernutrition in both its acute and chronic forms (wasting and stunting) is strongly inversely correlated with the wealth of nations. Consequently, as many low- and middle-income countries (LMICs) achieve economic advancement and pass through the so-called "nutrition transition," their rates of undernutrition decline. Many countries successfully achieved the Millennium Development Goal of halving undernutrition and whole continents have been transformed in recent decades. The exception is Africa where the slower rates of decline in the prevalence of undernutrition has been overtaken by population growth so that the absolute number of stunted children is rising. In many regions, economic transition is causing a rapid increase in the number of overweight and obese people. The rapidity of this rise is such that many nations bear the simultaneous burdens of under- and overnutrition; termed the "double burden" of malnutrition. This double burden, accompanied as it is by the unfinished agenda of high levels of infectious diseases, is crippling the health systems of many LMICs and thus requires urgent attention. Although the prognosis looks threatening for many poor countries, they have the advantage of being able to learn from the mistakes made by other nations that have passed through the transition before them. Concerted action across many arms of government would achieve huge future dividends in health and wealth for any nations that can grasp the challenge. © 2018 S. Karger AG, Basel.

Taxes and Economic Growth in Developing Countries : A Dynamic Panel Approach

OpenAIRE

NANTOB, N'Yilimon

2014-01-01

This paper looks at the effects of taxes increase on economic growth of 47 developing countries. In developing countries, there is no magic tax strategy to encourage economic growth. Some countries with high tax burdens have high growth rates and some countries with low tax burdens have low growth rates. Despite much theoretical and empirical inquiry as well as political and policy controversy, no simple answer exists concerning the relationship of taxes on economic growth in developing count...

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.

Economic regulation of TSOs in the Nordic countries

Energy Technology Data Exchange (ETDEWEB)

Syvertsen, S. C.; Steinnes, S. H. [Norwegian Water Resources and Energy Directorate, Oslo (Norway); Robles, H. B.; Ek, G. [Energy Markets Inspectorate, Eskilstuna (Sweden); Ilonen, M; Nurmi, S. [Energy Market Authority, Helsinki (Finland); Thomsen, H. [Sekretariatet for Energitilsynet, Valby (Denmark)

2012-12-15

The main topic of this report is the economic regulation of the transmission system operators (To) in the Nordic countries (Denmark, Finland, Norway and Sweden). The purpose of this report is to give an overview of the design of the economic regulation and compare the main elements of the regulation between the countries. There is one To in each country. For all countries, the revenues of the Tos are regulated by yearly decisions. In Finland, Norway and Sweden the regulators set an annual revenue cap. In Denmark, the To sets the tariffs according to budget, while the regulator approves the annual report and thereby also approves the tariffs ex post. The economic regulation of TSOs includes both regulation of system operations and the regulation of network operations. Chapter 3 describes in brief the main responsibilities of the system operator in each country and how the costs related to these tasks are regulated. Norway regulates the system operation costs, where 60 percent of the costs are based on a cost-norm which is evaluated periodically. In Finland and Sweden these costs are considered as non-controllable and are passed through directly in the revenue cap. In Denmark only costs considered as necessary at efficient operation shall be included in the tariffs, and the regulators have the opportunity to exclude costs based on this. There are no benchmark or efficiency requirements in the Danish regulation. In chapter 4 the main elements of the economic regulation of network operations are described and compared in tables. All countries regulate the network operations of the TSO. In Denmark there are no explicit efficiency requirements, and the regulation is based on a non-profit principle. The TSO only gets a return based on a price adjustment on its capital base as of 2005. In Finland, Norway and Sweden the regulation include efficiency requirements or benchmarking of costs. In Norway this regards 60 percent of total costs related to the network operations

The Impact of Political Relations Between Countries on Economic Relations

Directory of Open Access Journals (Sweden)

Hossein Askari

2012-09-01

Full Text Available In this paper, we assess the implications of changes in bilateral diplomatic relations with the United States for economic relations. We identify countries whose relations with the US changed during two historic and significant milestones in the past three decades, and a third group of countries after their leftist governments failed/collapsed in early 1990s. Using the Mann-Whitney U-test, we measure the significance of changes in economic relations. We chose the following set of economic indices to reflect economic relations: imports and exports to and from the US, capital outflows from the US to the country, economic and military assistance provided by the US, flow of students to the US, US arms export to the country, the country’s military expenditures, and believing in the importance of remittances and FDI and portfolio investment we use total figures as we did not have bilateral figures. Our results, though mixed, offer some interesting insights.

Export and Economic Growth in the West Balkan Countries

Directory of Open Access Journals (Sweden)

Florentina Xhelili Krasniqi

2017-09-01

Full Text Available The aim of this paper is to explore the effects of exports and other variables (foreign direct investment, remittances, capital formation, and labour force on economic growth in West Balkan countries (Albania, Kosovo, Macedonia, Montenegro, Bosnia and Herzegovina and Serbia. This study utilizes a strongly balanced panel data over the 2005-2015 period for Western Balkan countries using the ordinary least squares method (OLS, ie Pooled regression model to evaluate the parameters. The relationship between export and economic growth has turned to be statistically significant and positively related for the countries under the study. Results also indicate the statistically significant positive relationship between economic growth and other variables included in the model such is remittances, capital formation, and labor. The relationship between economic growth and foreign direct investment has turned out to be statistically insignificant and negatively related.

Welfare effects of natural disasters in developing countries: an examination using multi-dimensional socio-economic indicators

Science.gov (United States)

Mutter, J. C.; Deraniyagala, S.; Mara, V.; Marinova, S.

2011-12-01

The study of the socio-economic impacts of natural disasters is still in its infancy. Social scientists have historically regarded natural disasters as exogenous or essentially random perturbations. More recent scholarship treats disaster shocks as endogenous, with pre-existing social, economic and political conditions determining the form and magnitude of disaster impacts. One apparently robust conclusion is that direct economic losses from natural disasters, similar to human losses, are larger (in relative terms) the poorer a country is, yet cross-country regressions show that disasters may accrue economic benefits due to new investments in productive infrastructure, especially if the investment is funded by externally provided capital (Work Bank assistance, private donations, etc) and do not deplete national savings or acquire a debt burden. Some econometric studies also show that the quality of a country's institutions can mitigate the mortality effects of a disaster. The effects on income inequality are such that the poor suffer greater 'asset shocks' and may never recover from a disaster leading to a widening of existing disparities. Natural disasters affect women more adversely than men in terms of life expectancy at birth. On average they kill more women than men or kill women at a younger age than men, and the more so the stronger the disaster. The extent to which women are more likely to die than men or to die at a younger age from the immediate disaster impact or from post-disaster events depends not only on disaster strength itself but also on the socioeconomic status of women in the affected country. Existing research on the economic effects of disasters focus almost exclusively on the impact on economic growth - the growth rate of GDP. GDP however is only a partial indicator of welfare, especially for countries that are in the lower ranks of development status. Very poor communities are typically involved in subsistence level activities or in the

Business regulation and economic growth in the Western Balkan countries

Directory of Open Access Journals (Sweden)

Engjell PERE

2013-06-01

Full Text Available Actually economic policies in many countries aimed to stimulate their economic growth, particularly after negative impact of the global economic crisis. In this regards, fiscal regulation are an important aspect of those policies, that can promote or obstacle the economic growth in general. In this point of view this paper aims to analyze the system of administration rules in different Western Balkans Countries, (which includes Albania, Bosnia & Herzegovina, Croatia, Kosovo, Macedonia (FYROM, Montenegro and Serbia. Moreover, a special attention is given investigation of the regulation and administrative facilitation aspects of doing business in the above-mentioned countries, whether this system stimulates, or not, the development of private business and economic growth.The paper is divided into three main sections. The first part provides a retrospective of economic growth in the Western Balkan countries and the dependence of this growth on global economic development. The second part proceeds with the investigations of the impact of administrative regulation on economic growth. The third part, based on an econometric model, will analyze the correlation between economic growth and elaborated indicators which present the level of business administrative regulation system. Furthermore, this last section discusses the results and concludes. In this analysis, the paper is based substantially on the data base of "Doing Business 2013" (World Bank.

Financial Management and Economic Growth: The European Countries Experience

Directory of Open Access Journals (Sweden)

Nuno Carlos LEITÃO

2012-12-01

Full Text Available The purpose of this research is to investigate the impact of financial development on economic growth applied to European Countries. The initial GDP per capita is negatively correlated with growth of real GDP per capita. Our study shows that there is convergence within European Countries for the period 1990-2009. This paper confirms relevant theoretical hypothesis as international trade and saving encourage the economic growth. The inflation has a negative impact on economic growth as previous studies.

Understanding the adaptation deficit: why are poor countries more vulnerable to climate events than rich countries?

OpenAIRE

Samuel Fankhauser; Thomas K. J. McDermott

2014-01-01

Poor countries are more heavily affected by extreme weather events and future climate change than rich countries. This discrepancy is sometimes known as an adaptation deficit. This paper analyses the link between income and adaptation to climate events theoretically and empirically. We postulate that the adaptation deficit is due to two factors: A demand effect, whereby the demand for the good �climate security� increases with income, and an efficiency effect, which works as a spill-over exte...

GLOBALIZATION AND ECONOMIC CRISIS IN EUROPEAN COUNTRIES

Directory of Open Access Journals (Sweden)

Silvia Marginean

2011-01-01

Full Text Available The paper analyzes the relation between degree of economic globalization and the impact of economic crisis for developed and emerging European countries. We measure economic globalization through indexes based on share of external trade in GDP and FDI intensity (% of FDI inflows and outflows divided by GDP. The complexity of current economic and financial crisis could be evaluated through GDP growth rate, inflation rate, unemployment, public debt, budget deficit, balance of payments, exchange rate, etc. For the purpose of this paper we used GDP growth rate as a measure of economic crisis impact on national economies.

Behavioral Economics and Marketing in Aid of Decision Making Among the Poor

OpenAIRE

Bertrand, Marianne; Shafir, Eldar; Mullainathan, Sendhil

2006-01-01

This article considers several aspects of the economic decision making of the poor from the perspective of behavioral economics, and it focuses on potential contributions from marketing. Among other things, the authors consider some relevant facets of the social and institutional environments in which the poor interact, and they review some behavioral patterns that are likely to arise in these contexts. A behaviorally more informed perspective can help make sense of what might otherwise be co...

Economics of household technology adoption in developing countries: evidence from solar technology adoption in rural India

OpenAIRE

Aklin, M.; Bayer, P.; Harish, S.P.; Urpelainen, J.

2018-01-01

Innovation is one of the most important drivers of economic development. Even in developing countries, households have access to a wide array of new technologies. However, factors affecting households’ technology adoption decisions remain poorly understood. Using data on solar microgrid adoption from rural India, we investigate the determinants of household technology adoption. We offer all households identical solar products to avoid bias from product differentiation. Households pay a monthl...

Economic growth and its determinants in countries in transitio

Directory of Open Access Journals (Sweden)

Kestrim Avdimetaj

2015-11-01

Full Text Available Main purpose of this scientific research is to analyze the countries in transition; in particular, through this research we will explain the economic growth and its determinants in the countries in transition. Referring to the fact that many ex-communist countries were faced with a transition from a socialist economic system into the economic system of free market, and this phase of transformation is also known as transition, we will analyze this phase in details. The materials contained in this research are based on data taken directly from Financial Institutions, European Central Bank, as well as many other relevant prestigious institutions of countries in transition. The first section of this research begins with the introduction, presenting broadly the economic growth in countries in transition and the manner of their transformation, as well as the identification of hypothesis contained in this research. The second section contains the review of the literature, where we have cited parts from many authors who conducted studies in this broadly and productive field. In the third section are explained the mathematical formulas, that specify the econometric model, as well as the method of assessment, i.e. multiple regression analysis. Then, through the calculations of STATA, we will substitute the values of variables obtained in formula and test them through the selected model. In the last section we will interpret the outcomes derived from calculations in the program, supporting or dismissing hypothesis presented in this scientific research. This scientific research is limited, because many other important variables impacting the economic growth, such as instruments of monetary and fiscal policy, economic freedom, etc., have not been incorporated.

The Role of FDI in the Economic Development of Transition Countries

Directory of Open Access Journals (Sweden)

Jelena Tast

2014-09-01

Full Text Available FDI are considered a key instrument in the process of transforming the former centrally planned economies and stimulate economic growth in the transition period. Economic theory suggests that FDI are an important factor for the economic growth of the host-country, while according to empirical research in general, there is a positive correlation between FDI and the economic growth, but the causality direction is not clear: FDI inflow stimulates economic growth, but in the same time FDI inflows grow with the country’s economic development. Therefore, the objective of research in the paper is the relationship between FDI and economic growth in SEE and CIS countries. The relationship between the FDI and the economic growth in transition countries is examined by linear regression correlation of the relevant variables, covering the period from 2004 to 2011. Through the Pierce coefficient and the coefficient of determination, the interaction between the relevant variables and the dependence intensity is examine, and in this context general conclusions are drawn about the effects of FDI in the SEE and CIS countries. At the same time, the beta-coefficient is used to examine the value of the change in each variable separately, in order to make a more detailed analysis of the results obtained. In order to determine the direction of causality between the FDI and the economic growth of the country, research is carried out the influence of the transition indicators on the FDI inflow in the SEE and CIS countries from 2004 to 2011.

Decomposing the gap in missed opportunities for vaccination between poor and non-poor in sub-Saharan Africa: A multicountry analyses.

Science.gov (United States)

Ndwandwe, Duduzile; Uthman, Olalekan A; Adamu, Abdu; Sambala, Evanson Z; Wiyeh, Alison B; Olukade, Tawa; Bishwajit, Ghose; Yaya, Sanni; Okwo-Bele, Jean-Marie; Wiysonge, Charles S

2018-04-24

Understanding the gaps in missed opportunities for vaccination (MOV) between poor and non-poor in sub-Saharan Africa (SSA) would enable an understanding of factors associated with interventions for improving immunisation coverage to achieving universal childhood immunisation. We aimed to conduct a multicountry analyses to decompose the gap in MOV between poor and non-poor in SSA. We used cross-sectional data from 35 Demographic and Health Surveys in SSA conducted between 2007 and 2016. Descriptive statistics used to understand the gap in MOV between the urban poor and non-poor, and across the selected covariates. Out of the 35 countries included in this analysis, 19 countries showed pro-poor inequality, 5 showed pro-non-poor inequality and remaining 11 countries showed no statistically significant inequality. Among the countries with statistically significant pro-illiterate inequality, the risk difference ranged from 4.2% in DR Congo to 20.1% in Kenya. Important factors responsible for the inequality varied across countries. In Madagascar, the largest contributors to inequality in MOV were media access, number of under-five children, and maternal education. However, in Liberia media access narrowed inequality in MOV between poor and non-poor households. The findings indicate that in most SSA countries, children belonging to poor households are most likely to have MOV and that socio-economic inequality in is determined not only by health system functions, but also by factors beyond the scope of health authorities and care delivery system. The findings suggest the need for addressing social determinants of health.

Economic Development of the Black Sea Riparian Countries during 2004-2012

Directory of Open Access Journals (Sweden)

Romeo Bosneagu

2014-05-01

Full Text Available The Black Sea is politically divided between the European Union, countries aspiring to join the EU and the Russian Federation. From an economic perspective, the area has a huge potential for development and is “claimed” by the same political actors. In 1992, BSEC (Black Sea Economic Cooperation was formed and it includes, along with the six riparian countries, eight countries in order to meet their economic power in order to achieve regional development. In the period 2004-2012 the economy Black Sea countries experienced strongly fluctuated, which was strongly connected to the global economy, the inflow of capital in the region and the influence of the global economic crisis.

Using Economic Input/Output Tables to Predict a Country's Nuclear Status

International Nuclear Information System (INIS)

Weimar, Mark R.; Daly, Don S.; Wood, Thomas W.

2010-01-01

Both nuclear power and nuclear weapons programs should have (related) economic signatures which are detectible at some scale. We evaluated this premise in a series of studies using national economic input/output (IO) data. Statistical discrimination models using economic IO tables predict with a high probability whether a country with an unknown predilection for nuclear weapons proliferation is in fact engaged in nuclear power development or nuclear weapons proliferation. We analyzed 93 IO tables, spanning the years 1993 to 2005 for 37 countries that are either members or associates of the Organization for Economic Cooperation and Development (OECD). The 2009 OECD input/output tables featured 48 industrial sectors based on International Standard Industrial Classification (ISIC) Revision 3, and described the respective economies in current country-of-origin valued currency. We converted and transformed these reported values to US 2005 dollars using appropriate exchange rates and implicit price deflators, and addressed discrepancies in reported industrial sectors across tables. We then classified countries with Random Forest using either the adjusted or industry-normalized values. Random Forest, a classification tree technique, separates and categorizes countries using a very small, select subset of the 2304 individual cells in the IO table. A nation's efforts in nuclear power, be it for electricity or nuclear weapons, are an enterprise with a large economic footprint -- an effort so large that it should discernibly perturb coarse country-level economics data such as that found in yearly input-output economic tables. The neoclassical economic input-output model describes a country's or region's economy in terms of the requirements of industries to produce the current level of economic output. An IO table row shows the distribution of an industry's output to the industrial sectors while a table column shows the input required of each industrial sector by a given

Economic regulation of electricity grids in Nordic countries

Energy Technology Data Exchange (ETDEWEB)

Robles, H.B.; EK, G. (Energy Markets Inspectorate, Eskilstuna (Sweden)); Ilonen, M.; Nurmi, S. (Energy Market Authority, Helsinki (Finland)); Moelgaard Jakobsen, N. (Danish Energy Regulatory Authority, Copenhagen (Denmark)); Syvertsen, S.C.; Steinnes, S.H. (Norwegian Water Resources and Energy Directorate, Oslo (Norway))

2011-12-15

This report is about the design of economic regulation of electricity companies in the Nordic countries. The purpose is to inform the interested reader on how the regulation of tariffs is designed. The intention is to give a short overview on the current economic regulation with an ambition to focus on differences and similarities. A common feature of the electricity distribution sector is that the industry structure consists of many independent companies with great differences in size and density of customers. This is contrary to what is common in other countries. The regulatory task can be more challenging with many separate utilities to regulate, especially if the industry is very heterogenous. In the appendices, the economic regulation of each country is presented in more detail. In the main text the focus is on differences and similarities. When comparing the regulations one can make two observations. On a superior level there are great similarities. All Nordic countries regulate the network companies by setting revenue caps. The legislation, the goals given to the regulators and the regulators general interpretation of the rules are to a great extent the same. The primary purposes are to prevent the monopolist to overcharge customers and to create a rational network industry. The regulation shall stimulate an effective management resulting in productivity development and optimal quality of the services. The differences in the Nordic economic regulations are in the details - in the setup of the regulatory models and choice of parameters. For instance; the assessment of a reasonable rate-of-return is done in all the regulations. When deciding this rate-of-return some countries use the method of weighted cost of capital (WACC) and capital asset pricing model (CAPM), other do not. Even when using the same method, the inputs in the model are not the same. Common for the regulatory models are the division of costs related to capital costs and operating costs. The

Economic Inequalities and the Level of Decentralization in European Countries: Cluster Analysis

Directory of Open Access Journals (Sweden)

Laboutková Šárka

2016-12-01

Full Text Available This submitted article identifies relations between the degree of decentralization and economic imbalances on the basis of a cluster (exploratory analysis. Two indicators have been chosen for measuring economic inequalities: an indicator of dispersion of regional GDP per capita as representative of the performance imbalances within countries (it measures the economic development gap among regions in European countries; and a multidimensional inequality-adjusted human development index as representative of inequalities in the distribution of wealth in the countries. Decentralization is measured by means of a decentralization index, which contains both quantitative and qualitative components. Although groups of countries characterised by a high degree of decentralization do not necessarily show the lowest degrees of economic imbalances, it is however possible to conclude that the countries in groups with a higher degree of decentralization are among those countries with more favourable values of the economic imbalances indicators monitored. As a part of the research, two clusters of countries were identified which are identical in their degree of decentralization, but differ in the results connected with economic imbalances. The differences are caused by different institutional qualities in the two groups.

Outward foreign direct investments and home country's economic growth

Science.gov (United States)

Ciesielska, Dorota; Kołtuniak, Marcin

2017-09-01

The study examines the time stability of the causality direction and cross-correlations between the home country's economic growth and pace of growth of its outward foreign direct investment (OFDI) stocks within the complex system of the Polish national economy. The research has been performed in order to verify, using both the time and frequency domains time series analyses, if economic agents' long term decisions on outward foreign direct investments, leading to cross-border value chains and production fragmentation processes, are of adaptive or predictive character. Consequently, the aim was to check if the home country's economic growth leads the internationalization processes of domestic enterprises, which stays in line with Dunning's Investment Development Path (IDP) paradigm, or if these complex processes, thanks to entrepreneurs' ability to formulate relevant rational expectations, precede the home country's economic growth, which would be supported with the introduction of the policy on reinforcing the internationalization processes of domestic enterprises. The presence of the unidirectional economic growth-led internationalization, consistent with the IDP concept's base assumptions, has been ascertained by the results of the short term Granger causality tests. Nevertheless, the results of the wavelet analyses, supported with the results of the econometric block exogeneity long term causality Wald tests, have revealed that in the long term the OFDI stocks' growth permanently precedes the home country's economic growth, which stays in the unequivocal contrast with the IDP paradigm's premises, as well as with the indicated above short term Granger causality tests' outcomes and indicates that economic agents' choices are not strictly of adaptive but also of predictive character, which influences the current state of knowledge on economic complex systems' characteristics. Such a result is of a great importance in the light of the existence of the significant

Energy and economic development in Lithuania and neighbouring countries

International Nuclear Information System (INIS)

Jankauskas, V.; Shtremeikiene, D.

1995-01-01

In Lithuania as also in neighbouring countries (Poland, Latvia, Belarus, Russia) economic reforms are going on. All these countries, better or worse, slower or quicker, are restructuring their economies from centrally planned into market based ones. The neighbouring countries also are the main Lithuania's trading partners, and Russia is a sole supplier of crude oil and natural gas. This article deals with the analysis of the latest economic development in Lithuania and in neighbouring countries, as well as with it impact on the development of the Lithuanian energy sector. The analysis is based on the statistical data of the last few years and on some projections of future development. (author). 12 refs., 7 tabs., 21 figs

Evaluating quantity and quality of literature focusing on health economics and pharmacoeconomics in Gulf Cooperation Council countries.

Science.gov (United States)

Eljilany, Islam; El-Dahiyat, Faris; Curley, Louise Elizabeth; Babar, Zaheer-Ud-Din

2018-05-30

The importance of pharmacoeconomics and health economics has been augmented. It has the potential to provide evidence to aid in optimal decision-making in the funding of cost-effective medicines and services in Gulf Cooperation Council countries (G.C.C). To evaluate the quality and quantity of health economic researches published until the end of 2017 in G.C.C. and to identify the factors that affect the quality of studies. Studies were included according to predefined inclusion and exclusion criteria. The quantity was recorded, and the quality was assessed using the Quality of Health Economic Studies (QHES) instrument. Forty-nine studies were included. The mean (SD) quality score of all studies was 57.83 (25.05), and a high number of reviewed studies (47%) were evaluated as either poor or extremely poor quality. The factors that affect the quality of studies with statistical significance were, the type and method of economic evaluation, the economic outcome was the objective of the research, author`s background, the perspective of the study, health intervention and source of funding. The use of economic evaluation studies in G.C.C was limited. Different factors that affect the quality of articles such as performing a full economic evaluation and choosing societal perspective were identified. Strategies to improve the quality of future studies were recommended.

Health Economics as Rhetoric: The Limited Impact of Health Economics on Funding Decisions in Four European Countries.

Science.gov (United States)

Franken, Margreet; Heintz, Emelie; Gerber-Grote, Andreas; Raftery, James

2016-12-01

A response to the challenge of high-cost treatments in health care has been economic evaluation. Cost-effectiveness analysis presented as cost per quality-adjusted life-years gained has been controversial, raising heated support and opposition. To assess the impact of economic evaluation in decisions on what to fund in four European countries and discuss the implications of our findings. We used a protocol to review the key features of the application of economic evaluation in reimbursement decision making in England, Germany, the Netherlands, and Sweden, reporting country-specific highlights. Although the institutions and processes vary by country, health economic evaluation has had limited impact on restricting access of controversial high-cost drugs. Even in those countries that have gone the furthest, ways have been found to avoid refusing to fund high-cost drugs for particular diseases including cancer, multiple sclerosis, and orphan diseases. Economic evaluation may, however, have helped some countries to negotiate price reductions for some drugs. It has also extended to the discussion of clinical effectiveness to include cost. The differences in approaches but similarities in outcomes suggest that health economic evaluation be viewed largely as rhetoric (in D.N. McCloskey's terms in The Rhetoric of Economics, 1985). This is not to imply that economics had no impact: rather that it usually contributed to the discourse in ways that differed by country. The reasons for this no doubt vary by perspective, from political science to ethics. Economic evaluation may have less to do with rationing or denial of medical treatments than to do with expanding the discourse used to discuss such issues. Copyright © 2016 International Society for Pharmacoeconomics and Outcomes Research (ISPOR). Published by Elsevier Inc. All rights reserved.

Global Poverty and the New Bottom Billion: Three-Quarters of the World?s Poor Live in Middle-Income Countries

OpenAIRE

Andy Sumner

2011-01-01

In 1990, 93 per cent of the world?s poor people lived in poor countries?that is, low-income countries (LICs). For 2007?2008, our estimates suggest three things. First, three-quarters of the world?s poor, or almost 1 billion poor people, now live in middle-income countries (MICs). Second, just a quarter of the world?s poor live in 39 LICs. Third, in contrast to earlier estimates that a third of the poor live in fragile states, our estimate is about 23 per cent if one takes the broadest definit...

The economic growth of oil countries

International Nuclear Information System (INIS)

Arbod, G.

2007-02-01

The literature tries to apprehend the weakness of the economic growth of oil culminates by the assumption of ousted growth factors. In the Dutch Disease models the non-oil exporting sector would be ousted whereas in the analyses in terms of economic policies it would be the efficient economic policies. We consider the phenomenon through the growth theories, the oil income being regarded as an additional exogenous income for the economy. In this manner the growth dynamic of oil countries, even the most unfavourable, can be modelled without utilizing any concept of economic inefficiency. The last part of our work is devoted to the Saudi economy. After having developed a macro-econometric model, and using scenarios of oil prices, we lead a forecasted analysis of this economy. (author)

Economic dynamics of exporting countries and restructuring their oil industries

International Nuclear Information System (INIS)

De La Vega Navarro, A.

1994-01-01

The author analyses the re-organization of oil industries in exporting countries. The approach takes internal and external dynamics of these countries' economic crisis into account. It finally makes proposals with a view to a different consistency for the economic development of these countries. This could include a change from pure ''exporting countries'' to ''countries that (among other activities) export oil'' and which will not be conditioned by the incertitude of the international oil market. This in turn means that public oil companies will have to replace thinking in terms of oil rents and assume their industrial and productive role on both national and international levels. (Author). 21 refs., 1 tab

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

Directory of Open Access Journals (Sweden)

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

GDP Structure and Economic Performance in Sub-Saharan Countries

Directory of Open Access Journals (Sweden)

Luboš Smutka

2014-01-01

Full Text Available Africa belongs to important regions of the world economy with specific problems distinguishing this part of the world from other regions. The region is suffering because of limited economy structure and high level of poverty. Low economic performance ranks most of African countries among the worldwide poorest ones (both from the point of view of total economy performance and also individuals living standards; the development is hindered by political instability and also by other accompanied problems as high level of corruption, deficit of democracy, low level of education, limited investments, criminality, local conflicts, civil wars etc. On the other hand, African natural, economy and social resources and unexploited opportunities in many areas offer a potential for a considerable economic development. Understanding the current economic position of African states thus may reveal causes of problematic development and outline ways to overcome existing shortcomings. The aim of the paper is to analyze main changes in area of GDP structure formation (agricultural, industrial and services sector share in GDP and value performance which have occurred in selected African (Sub-Saharan countries. Changes are analyzed both in relation to the total GDP and GDP per capita. The authors identify main trends of economic development in the Sub-Saharan region and to specify differences among Sub-Saharan countries with the intention to identify particular groups of African countries according to their economic structure and to identify differences in their GDP formation.

Cross-country variation in additive effects of socio-economics, health behaviors, and comorbidities on subjective health of patients with diabetes.

Science.gov (United States)

Assari, Shervin

2014-02-21

This study explored cross-country differences in the additive effects of socio-economic characteristics, health behaviors and medical comorbidities on subjective health of patients with diabetes. The study analyzed data from the Research on Early Life and Aging Trends and Effects (RELATE). The participants were 9,179 adults with diabetes who were sampled from 15 countries (i.e. China, Costa Rica, Puerto Rico, United States, Mexico, Argentina, Barbados, Brazil, Chile, Cuba, Uruguay, India, Ghana, South Africa, and Russia). We fitted three logistic regressions to each country. Model I only included socio-economic characteristics (i.e. age, gender, education and income). In Model II, we also included health behaviors (i.e. smoking, drinking, and exercise). Model III included medical comorbidities (i.e. hypertension, respiratory disease, heart disease, stroke, and arthritis), in addition to the previous blocks. Our models suggested cross-country differences in the additive effects of socio-economic characteristics, health behaviors and comorbidities on perceived health of patients with diabetes. Comorbid heart disease was the only condition that was consistently associated with poor subjective health regardless of country. Countries show different profiles of social and behavioral determinants of subjective health among patients with diabetes. Our study suggests that universal programs that assume that determinants of well-being are similar across different countries may be over-simplistic. Thus instead of universal programs that use one protocol for health promotion of patients in all countries, locally designed interventions should be implemented in each country.

Influence Factors of the Economic Development Level Across European Countries

OpenAIRE

Diana Ioana POPA

2016-01-01

The economic development level of a country refers to the measure of the progress in an economy that could be measured, especially through GDP or GDP per capita. The level of these indicators can be influenced by many factors as a large scale, from social and economical to environmental and government policies factors. The paper aims to investigate some of these influence factors of the economic development level, represented in this case by GDP per capita, across European countries in the...

Developments in the use of economic instruments in OECD countries

International Nuclear Information System (INIS)

Opschoor, H.

1994-01-01

For the period 1987-1993, developments in the environmental policies of OECD countries with respect to the use of economic instruments are compared and the differences analyzed. The focus is on applications in the field of air pollution policies. The comparison is made on the basis of two surveys. To complete the descriptive part, a brief survey is also presented of currently discussed and recently introduced economic instruments. A description of economic instruments as such and a review of rationales for employing economic and financial incentives precede this analysis. The analysis shows that the use of economic instruments has indeed increased since 1987, but the development has not been spectacular. Possible explanations for this are presented. Also, some types of instrument have advanced more than others and the changes differ from one set of countries to another. Product charges (including air pollution-related ones) have become more widely used, especially in Scandinavian countries. Moreover, growing attention is being paid to the use of economic instruments at the international level. The incentive impacts of economic (and other) instruments appear to have received relatively little empirical attention, even though these are an important policy-relevant feature in instrument choice. 23 refs., 5 tabs

Poor Reading Culture: A Barrier to Students' Patronage of Libraries ...

African Journals Online (AJOL)

FIRST LADY

show that computer and other media, harsh economic reality, societal demand for materialism, inadequate library materials among others are causes of poor reading culture of students in secondary schools. .... foundation of elementary education. ... play in the social, economic and technological development of any country.

Trauma and Poor Mental Health in Relation to Economic Status: The Case of Cambodia 35 Years Later.

Science.gov (United States)

Jarl, Johan; Cantor-Graae, Elizabeth; Chak, Thida; Sunbaunat, Ka; Larsson, Charlotte A

2015-01-01

Cambodia is one of the poorest countries in south-east Asia and is still emerging from the events of the Khmer Rouge reign. It has been suggested that the atrocities experienced by the Cambodian population can explain why Cambodia continues to lag behind its neighbours in economic outcomes. The purpose of this study is to investigate whether there is an association between exposure to past trauma and/or current poor mental health and current economic status in Cambodia. A newly conducted survey performed in two regions (north-west and south-east Cambodia) collected information on trauma exposure, psychiatric symptoms, self-rated health outcomes and socio-economic information for 3200 persons aged 18-60. Economic outcomes were measured as household debt and poverty status and whether the respondent was economically inactive. All models were analysed using logistic regression. No association was found between high exposure to conflict-related or civilian trauma and any economic outcomes save for a negative association between civilian trauma and poverty in the south-east. Current post-traumatic stress was related solely to poverty status. All other measures of current mental health status, however, were found to be strongly negatively associated with all measures of economic status. Thus, mental health interventions could potentially be utilised in poverty reduction strategies, but greater efficacy is likely to be achieved by targeting current mental health status rather than previous trauma exposure.

Determinants of Economic Growth in V4 Countries and Romania

Directory of Open Access Journals (Sweden)

Simionescu Mihaela

2017-03-01

Full Text Available The middle and long-term slowdown in growth dynamics could bring serious social and political problems for V4 countries (Czech Republic, Slovak Republic, Hungary, Poland and Romania. It would threaten reaching benefits from potential of convergence process with the developed countries of the European Union. As a result, the V4 economies and Romania should find solutions to achieving a sustainable growth that is associated with an improvement of their international competitiveness. This paper provides an empirical analysis of factors that might determine a stable economic growth in the five mentioned countries. The empirical analysis conducted for the period of 2003-2016 employed Bayesian generalized ridge regression. The main results indicated that the FDI promoted economic growth in all countries, except the Slovak Republic. Only in the Czech Republic, the expenditure on education generated economic growth, while the expenditure on R&D had positive effects in Romania, Hungary and the Czech Republic.

Management of invasive plant species in Nigeria through economic exploitation: lessons from other countries

Directory of Open Access Journals (Sweden)

Folaranmi Dapo Babalola

2012-12-01

Full Text Available Invasive alien species, once they made entry into a region or country, often become difficult to eradicate and it appears that they have cometo stay. Worse still, their adverse effects on the native biodiversity are enormous and they are considered ecologically harmful. Agriculturaland economic losses to invasive species are comparatively high. Mechanical control is expensive and difficult in some terrains; chemicalcontrol is also expensive, requires constant application and has its environmental implications, while biological control is mirred with mixedfailures and successes. This paper reviewed that economic exploitation of some notorious invasive species in other countries – such asSudan, Ethiopia, India, Senegal, Mali and the Gambia – and how this had helped reduce the spread of these invasives and at the same time,became source of income to the poor people. It is believed that adopting this concept in Nigeria will create incentives for harvesting invasivespecies with more commitment, while it is an indirect way of controlling them. Furthermore, harvesting could be labour intensive, thuscreating jobs for people, while it provides additional means of income for rural people, which is a key adaptation strategy for climate change.

Energy and economic development [Brazil: A country profile on sustainable energy development

International Nuclear Information System (INIS)

Machado, G.; Schaeffer, R.

2006-01-01

When energy specialists discuss the relationships between energy use and economic development, the focus is usually on how energy supports economic growth, alleviates poverty and increases people's well-being. On rare occasions, though, the effect that a country's choices for promoting economic development have on energy production and use is a matter of concern. The purpose of this chapter is to evaluate the way Brazil's choices for promoting economic development over time have impacted primary and final energy use in the country. Economic growth has different levels of quality, which lead to different economic development paths. Some paths are more effective than others in creating wealth and in protecting and preserving natural resources and the environment for future generations. Quality actually matters as much for economic development as for energy. This chapter is divided into four sections covering energy and economic development relationships, the evolution of final energy use in Brazil, strategies to enhance sustainable energy development in the country and a summary of main issues. In Section 5.1, energy and economic development relationships are discussed, setting the background for the analysis of the impacts on final energy use of some of Brazil's choices for promoting economic development. The section begins by focusing on the basics of energy and economic development relationships. It should be noted that most energy specialists usually discuss only the basics of energy and economic development (the 'energy in support of economic development' theme), but this approach alone is not enough to explain differences in countries' final energy use patterns, or to identify strategies to enhance sustainable energy development. In this sense, the main contribution of this section is to further illuminate the role of social and economic choices in determining the effectiveness of a given country's economic development and that country's primary and final

Gender and Economic Globalization

OpenAIRE

Harcourt, Wendy

2016-01-01

The following article draws on the discussion of the iuéd Colloquium on Gender and Economic Globalization. The Colloquium aimed to draw out the impact of economic globalization on gender relations, with a particular focus on poor women in developing countries. Globalization – for or against women? In order to look at the impact of economic globalization on gender relations, and more particularly on poor women’s lives, we are confronted with a complex set of interlinked dynamics. Inequitable g...

Effects of oil production on economic growth in Eurasian countries: Panel ARDL approach

International Nuclear Information System (INIS)

Bildirici, Melike Elif; Kayıkçı, Fazıl

2013-01-01

This study aims at analyzing the relationship between oil production and economic growth in major oil exporting Eurasian countries; Azerbaijan, Kazakhstan, Russian Federation and Turkmenistan for 1993–2010 periods. Empirical results reveal that oil production and economic growth are cointegrated for these countries. Furthermore, there is positive bi-directional causality between oil production and economic growth both in the long run and in the short run which supports the policies about investing in energy infrastructure. -- Highlights: ► Causality between economic growth and oil production is important for energy policies. ► Oil production and GDP are cointegrated for four oil exporting Eurasian countries. ► There is positive bi-directional causality between oil production and economic growth for these countries.

Does energy efficiency improve technological change and economic growth in developing countries?

International Nuclear Information System (INIS)

Cantore, Nicola; Calì, Massimiliano; Velde, Dirk Willem te

2016-01-01

Does a trade-off exist between energy efficiency and economic growth? This question underlies some of the tensions between economic and environmental policies, especially in developing countries that often need to expand their industrial base to grow. This paper contributes to the debate by analyzing the relationship between energy efficiency and economic performance at the micro- (total factor productivity) and macro-level (countries' economic growth). It uses data on a large sample of manufacturing firms across 29 developing countries to find that lower levels of energy intensity are associated with higher total factor productivity for the majority of these countries. The results are robust to a variety of checks. Suggestive cross-country evidence points towards the same relation measured at the macro-level as well. - Highlights: •Total factor productivity is an accurate proxy of technological change. •Energy efficiency triggers total factor productivity especially in manufacturing. •Technological change via energy efficiency in manufacturing is an engine of growth.

Effects of capital markets development on economic growth of Western Balkan countries

Directory of Open Access Journals (Sweden)

MSc. Artor Nuhiu

2011-12-01

Full Text Available Through this research paper we have tried to elaborate the issue whether capital market development is an alternative towards economic growth and economic prosperity of developing countries in general, the Western Balkan countries in particular. The focus of the paper is to study the effects of proper functioning of capital markets and their im-pact on increasing the level of savings, capital investments and in locating relevant resources for long-term financing of the economy. The research paper presents positive and negative arguments, linking the establishment and development of a capital market and its impact on economic development of developing countries, particularly Western Balkan countries.

The Impact of the 2008 Economic Crisis on Substance Use Patterns in the Countries of the European Union.

Science.gov (United States)

Dom, Geert; Samochowiec, Jerzy; Evans-Lacko, Sara; Wahlbeck, Kristian; Van Hal, Guido; McDaid, David

2016-01-13

From 2008 on, a severe economic crisis (EC) has characterized the European Union (E.U.). However, changes in substance use behavioral patterns as a result of the economic crisis in Europe, have been poorly reflected upon, and underlying mechanisms remain to be identified; In this review we explore and systematize the available data on the effect of the 2008 economic crisis on patterns of substance use and related disorders, within the E.U. countries; The results show that effects of the recession need to be differentiated. A number of studies point to reductions in population's overall substance use. In contrast, an increase in harmful use and negative effects is found within specific subgroups within the society. Risk factors include job-loss and long-term unemployment, and pre-existing vulnerabilities. Finally, our findings point to differences between types of substances in their response on economic crisis periods; the effects of the 2008 economic crisis on substance use patterns within countries of the European Union are two-sided. Next to a reduction in a population's overall substance use, a number of vulnerable subgroups experience serious negative effects. These groups are in need of specific attention and support, given that there is a real risk that they will continue to suffer negative health effects long after the economic downfall has formally been ended.

GENDER FACTORS OF SOCIAL AND ECONOMIC DEVELOPMENT OF A COUNTRY

Directory of Open Access Journals (Sweden)

N. Kochkina

2016-06-01

Full Text Available The article discusses the impact of gender asymmetry on the socio-economic development of the country. Authors detected factors that determine with high level of the probability social development of the society. Econometric relationship between the level of GDP per capita in comparative prices and the socio-cultural and gender factors are developed and estimated. The analysis showed that the level of individualism, indulgence, economic participation, and political empowerment of women in the society have direct linear correlation with GDP per capita. Power distance has opposite inverse correlation with the level of GDP. Application of regression analysis gave the possibility to divide all countries into 9 clusters with similar features. Two-dimensional matrix included GDP per capita and coefficient of implementation of a country gender and sociocultural potential. The recommendations for stimulating economic growth by smoothing gender gaps are proposed.

FDI DETERMINANTS IN THE EURASIAN ECONOMIC UNION COUNTRIES AND EURASIAN ECONOMIC INTEGRATION EFFECT ON FDI INFLOWS

Directory of Open Access Journals (Sweden)

Yerkezhan Zhumakankyzy Akhmetzaki

2017-09-01

Full Text Available The paper examines the potential determinants of foreign direct investment inflows into the region of Eurasian Economic Union, as well as incentives for investment into other neighboring countries. In the first model, the authors test a hypothesis on country specific foreign direct investment determinants for the Eurasian Economic Union region. The results of fixed effects estimation show that gross domestic product, infrastructure development and secondary education enrollment have a positive statistically significant effect on the foreign direct investment inflows into the region. Conversely, the impact of Customs Union on foreign direct investment appeared to be negative. Furthermore, in the second model of the natural experiment, the authors empirically test the hypothesis on Customs Union’s effect on foreign direct investment while controlling for both country and time effects. The model includes evaluating the impact of the policy change on foreign investment inflows. The natural experiment outcome also points to the negative effect of Eurasian economic integration on foreign direct investment inflows. Although the countries of Eurasian Economic Union have relatively business friendly regulations, such procedures as enforcing contracts, resolving insolvencies and dealing with construction permits are time-consuming. For attracting foreign investment, it is advisable to facilitate such procedures and make the process of setting up a new business less onerous. The research can be used as an outline for further examining of Eurasian economic integration and apart from that, the study results can be applied for practical purposes of policy elaboration aimed at stimulating foreign direct investment into the Eurasian Economic Union.

Nation-State Size, Ethnic Diversity and Economic Performance in the Advanced Capitalist Countries

DEFF Research Database (Denmark)

Patsiurkoa, Natalka; Campbell, John L.; Hall, John A.

2013-01-01

This paper examines the proposition that the economic performance of advanced capitalist countries depends on their size and ethnic composition. As such it blends insights from two important literatures in comparative political economy. One is exemplified by the work of Peter Katzenstein, who wrote...... the classic treatise on the relationship between nation-state size and economic performance. Another is illustrated by the work of Ernest Gellner, whose work suggested that economic performance depends on the ethnic composition of the nation-state. The argument is tested on pooled data from 30 advanced...... capitalist countries for the 1985 through 2007 period. Regression analysis confirms that ethnically homogenous countries tend to have stronger rates of economic growth during this period than ethnically heterogeneous countries but that neither the size of countries nor the interaction of size and ethnic...

Actual economic and energetics problems of Baltic countries

International Nuclear Information System (INIS)

Kapala, J.; Miskins, V.; Rudi, U.; Caikovska, M.; Zeltins, N.

1999-01-01

The paper characterises the economic development of the Baltic countries after they have restored the independence. The authors explore the dynamic of the key economic indices - the GDP and inflation level, and show that there are tendencies for the economy to improve. The data on the direct foreign investments per capita are given for each Baltic country as well as on the greatest foreign firms - investors functioning in Latvia and the investment allocation among the sectors. The State Investment Programme realised in Latvia since 1996 is well illustrated, and the share is shown of the sectors involved. The authors briefly discuss legislative activities in the energy sector for Latvia, Lithuania and Estonia, and present statistical data on the energy supply in Baltic countries. The energy production and import/export balance is analysed, and the tariffs for electricity are exemplified for all the three countries. The information is also given as to the number of energy debtors and the distributors of the debts for consumed energy among separate branches of energetics in Latvia and Lithuania. The data presented in the paper show that due to decrease in energy resource consumption the harmful pollution have also diminished. (author)

Economic Partnership between the ACP countries and the EU

NARCIS (Netherlands)

Van Hoestenberghe, K.; Roelfsema, H.J.

2006-01-01

In this paper we explore the nature and effects of the Economic Partnership Agreements (EPAs) between the EU and groups of African, Caribbean and Pacific (ACP) countries. We argue that the direct economic effects from reciprocal trade liberalization - both positive and negative – may be rather

Growth scenarios for sub-Saharan countries in the framework of economic complexity

OpenAIRE

Cristelli, Matthieu; Tacchella, Andrea; Zaccaria, Andrea; Pietronero, Luciano

2014-01-01

We present a comparative analysis of the medium-long term perspectives of development for sub-Saharan countries in the framework of economic complexity. This analysis is made in comparison with the development of Asian tigers. Economic complexity is a data-driven framework which aims at providing a more scientific basis for the economic theory and it has a specific focus on understanding the determinants of growth by means of two new economic dimensions: the country fitness and the produc...

Trauma and Poor Mental Health in Relation to Economic Status: The Case of Cambodia 35 Years Later.

Directory of Open Access Journals (Sweden)

Johan Jarl

Full Text Available Cambodia is one of the poorest countries in south-east Asia and is still emerging from the events of the Khmer Rouge reign. It has been suggested that the atrocities experienced by the Cambodian population can explain why Cambodia continues to lag behind its neighbours in economic outcomes. The purpose of this study is to investigate whether there is an association between exposure to past trauma and/or current poor mental health and current economic status in Cambodia.A newly conducted survey performed in two regions (north-west and south-east Cambodia collected information on trauma exposure, psychiatric symptoms, self-rated health outcomes and socio-economic information for 3200 persons aged 18-60. Economic outcomes were measured as household debt and poverty status and whether the respondent was economically inactive. All models were analysed using logistic regression.No association was found between high exposure to conflict-related or civilian trauma and any economic outcomes save for a negative association between civilian trauma and poverty in the south-east. Current post-traumatic stress was related solely to poverty status. All other measures of current mental health status, however, were found to be strongly negatively associated with all measures of economic status. Thus, mental health interventions could potentially be utilised in poverty reduction strategies, but greater efficacy is likely to be achieved by targeting current mental health status rather than previous trauma exposure.

The economic recovery in the Central and Eastern European EU countries

Directory of Open Access Journals (Sweden)

Elena GURGU

2011-03-01

Full Text Available Following the recession in 2008-09, the economies of the eight EU countries in central and Eastern Europe outside the euro area (CEE are recovering gradually, albeit with significant differences across countries. The expansion in economic activity is currently being driven primarily by exports as domestic demand remains subdued. Those countries that accumulated relatively more substantial internal and external imbalances before the financial crisis suffered more severe contractions in output during the crisis, and most of them face a more sluggish economic recovery.

Obesity and cardiovascular disease in developing countries: a growing problem and an economic threat.

Science.gov (United States)

Raymond, Susan U; Leeder, Stephen; Greenberg, Henry M

2006-03-01

This review examines the rise of risk factors for cardiovascular disease, especially obesity, in developing countries and the implications for both health and economics. In the majority of developing countries fertility and infant and child mortality have fallen markedly, and life expectancies have increased. Rapid urbanization, falling food prices, and globalization of economies have contributed to an increase in risk factors for chronic disease. Recent work indicates that the prevalence of these risk factors, including obesity, is rising faster than the historical experience of the West. The transition is affecting women in particular, and increases in risk factors are more marked among lower incomes in growing economies than among the wealthy. Rather than the stereotypical problem of the rich, chronic disease is now a problem for the poor. Significant research in this area of global health has only been undertaken in the last decade. Additional field research is needed in every dimension of the transition, both to document the problem itself and to determine its economic and societal impact and cost effective responses. Two critical factors are virtually absent from existing work and should be emphasized. First, the impact of rising risk factors for, and mortality from, cardiovascular disease in the work force may imply a growing threat to continued economic progress. Second, because risk factor reduction requires society-wide strategies, broad public-private coalitions will be needed to mobilize sectors beyond healthcare.

Broadband adoption, digital divide, and the global economic competitiveness of Western Balkan countries

Directory of Open Access Journals (Sweden)

Mitrović Đorđe

2015-01-01

Full Text Available The existing variation in economic performance between countries is significantly affected by the level, diffusion, and use of different types of information and communication technology. In the last several years economic competitiveness increasingly depends on broadband availability and the adoption, use, and speed of this technology. Broadband access to the internet fosters economic growth and development and increases a country’s global competitiveness. This technology could have a big impact on the competitive advantage of Western Balkan countries because they currently experience a large digital divide, both within countries (between regions, urban and rural areas, different vulnerable groups, etc. and with EU countries. The purpose of the paper is to analyse the current level and dynamics of the digital divide in Western Balkan countries using the Broadband Achievement Index (BAI, the Data Envelopment Analysis (DEA-based model, the Global Competitiveness Index (GCI, the Corruption Perception Index (CPI, and cross-country methodology. This paper measures and compares Western Balkan countries’ current level of broadband adoption and their position on the evolutionary path towards closing the existing economic and digital gap with EU countries. Comparative analysis of calculated BAI data values, GCI, and CPI shows that Western Balkan countries belong to the ‘laggard’ group regarding their broadband achievement and global economic competitiveness. The values of the calculated BAI sub-indexes in this paper indicate the strong and weak sides of the corresponding aspects of broadband technology implementation and give directions for setting further priorities for political intervention, not only in the building of information society but also in the improvement of the economic competitiveness of Western Balkan countries.

An Empirical Investigation of Telecommunications Investment and Economic Development in Developing Countries

Directory of Open Access Journals (Sweden)

Seung-Hoon Yoo

2001-12-01

Full Text Available Evaluating the sources of economic development is of obvious importance, and numerous attempts have been made to judge the impact of many different factors on economic development. Since some empirical studies have reported that telecommunications investment is one of the important factors in economic development, this paper empirically investigates the impact of telecommunications investment on economic development using a cross-country analysis based on data from 56 developing countries for the years 1970-98. To this end, a further augmented version of the neoclassical Solow growth model is suggested and applied. Subject to the appropriate caveats, the results provide further support for several key conclusions of the former studies - investment in physical capital, population growth, and human capital seem to be quite important in accounting for economic development in developing countries. In addition, more importantly, it is concluded that telecommunications investment significantly contributes to economic development in the developing world.

Use of modern contraception by the poor is falling behind.

Directory of Open Access Journals (Sweden)

Emmanuela Gakidou

2007-02-01

Full Text Available The widespread increase in the use of contraception, due to multiple factors including improved access to modern contraception, is one of the most dramatic social transformations of the past fifty years. This study explores whether the global progress in the use of modern contraceptives has also benefited the poorest.Demographic and Health Surveys from 55 developing countries were analyzed using wealth indices that allow the identification of the absolute poor within each country. This article explores the macro level determinants of the differences in the use of modern contraceptives between the poor and the national averages of several countries. Despite increases in national averages, use of modern contraception by the absolute poor remains low. South and Southeast Asia have relatively high rates of modern contraception in the absolute poor, on average 17% higher than in Latin America. Over time the gaps in use persist and are increasing. Latin America exhibits significantly larger gaps in use between the poor and the averages, while gaps in sub-Saharan Africa are on average smaller by 15.8% and in Southeast Asia by 11.6%.The secular trend of increasing rates of modern contraceptive use has not resulted in a decrease of the gap in use for those living in absolute poverty. Countries with large economic inequalities also exhibit large inequalities in modern contraceptive use. In addition to macro level factors that influence contraceptive use, such as economic development and provision of reproductive health services, there are strong regional variations, with sub-Saharan Africa exhibiting the lowest national rates of use, South and Southeast Asia the highest use among the poor, and Latin America the largest inequalities in use.

Globalization and Economic Freedom

DEFF Research Database (Denmark)

Bjørnskov, Christian

2006-01-01

This paper employs a panel data set to estimate the effect of globalization on four measures of economic freedom. Contrary to previous studies, the paper distinguishes between three separate types of globalization: economic, social and political. It also separates effects for poor and rich...... countries, and autocracies and democracies. The results show that economic globalization is negatively associated with government size and positively with regulatory freedom in rich countries; social globalization is positively associated with legal quality in autocracies and with the access to sound money...... in democracies. Political globalization is not associated with economic freedom...

Environmental crises in developing countries: control measures in economic sense

International Nuclear Information System (INIS)

Rayana, K.B.N.

1999-01-01

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)

Relative Importance of Political Instability and Economic Variables on Perceived Country Creditworthiness

OpenAIRE

Suk Hun Lee

1993-01-01

This paper examines the relative importance of political instability and economic variables on perceived country creditworthiness. Our results indicate that both political instability and economic variables are taken into account in evaluating country creditworthiness; however, it appears that bankers assign larger weight to economic performances, which we except of reflect longer term political stability. In addition, the frequency of changes in the regime and armed conflict, both proxying f...

When is Economic Growth Pro-Poor? Experiences in Malaysia and Pakistan

OpenAIRE

Mahmood Hasan Khan

2002-01-01

This paper focuses on two central issues related to the contrasting experiences of Malaysia and Pakistan regarding poverty reduction. First, it examines the structure of economic growth and its proximate determinants in the two countries, including the initial conditions, institutional changes, and macroeconomic policies. Second, it analyzes the links between economic growth and poverty reduction, particularly focusing on public policy mechanisms to reduce poverty and inequality. Malaysia, un...

Reflections on the development of health economics in low- and middle-income countries.

Science.gov (United States)

Mills, Anne

2014-08-22

Health economics is a relatively new discipline, though its antecedents can be traced back to William Petty FRS (1623-1687). In high-income countries, the academic discipline and scientific literature have grown rapidly since the 1960s. In low- and middle-income countries, the growth of health economics has been strongly influenced by trends in health policy, especially among the international and bilateral agencies involved in supporting health sector development. Valuable and influential research has been done in areas such as cost-benefit and cost-effectiveness analysis, financing of healthcare, healthcare provision, and health systems analysis, but there has been insufficient questioning of the relevance of theories and policy recommendations in the rich world literature to the circumstances of poorer countries. Characteristics such as a country's economic structure, strength of political and social institutions, management capacity, and dependence on external agencies, mean that theories and models cannot necessarily be transferred between settings. Recent innovations in the health economics literature on low- and middle-income countries indicate how health economics can be shaped to provide more relevant advice for policy. For this to be taken further, it is critical that such countries develop stronger capacity for health economics within their universities and research institutes, with greater local commitment of funding. © 2014 The Author(s) Published by the Royal Society. All rights reserved.

Medical diagnosis in resource-poor tropical countries.

Science.gov (United States)

Ramos-Rincón, J M; Cuadros-González, J; Malmierca-Corral, E; de Górgolas-Hernández, M

2015-01-01

When working in healthcare centers in developing countries where diagnostic resources are limited, clinical skills are of considerable importance. This study presents the diagnostic tools available in resource-poor areas. Anamnesis and physical examination are key components for reaching a correct diagnosis. The laboratory has at its disposal hemograms, basic blood chemistry and urinalysis. The available basic microbiological tests are the study of fresh feces, smears for malaria, direct smears for bacilli in sputum and Gram staining of clinical exudates. Basic radiography of the chest, abdomen, bones and soft tissues are of considerable usefulness but are not available in all centers. Ultrasonography can be of considerable usefulness due to its simplicity and versatility. The diagnosis in low resource conditions should sharpen our clinical skills and should be supported by the use of additional basic tests. Copyright © 2014 Elsevier España, S.L.U. All rights reserved.

IMPACTS OF FOREIGN INVESTMENT ON ECONOMIC GROWTH IN TRANSITION COUNTRIES

Directory of Open Access Journals (Sweden)

Siniša Bosanac

2016-12-01

Full Text Available The current global economic crisis raises many questions and the most important imperative is to find solutions and recover the world economy. Neoliberalism as a cause of the crisis has shown fundamental shortcomings and proved that the market is an imperfect self-regulating system. At the present time in the media, politicians and some economists mention foreign direct investment (FDI as a life-saving solution for economic problems and economic growth. The analysis of the economic indicators proved that FDI cannot be, to the necessary extent, a generator of economic growth and that development of each country should be based on endogenous components. The development of critical thinking and questioning of the neoliberal concept, especially with today's time distance through comparisons of indicators such as economic growth, absence of inflation, employment and the export-import ratio, has revealed major systemic defects of the market fundamentalist policies. A strong indicator and argument to this thesis is particularly evident in the industrial production indexes, in the number of industrial workers and in the share of industry in GDP of transition countries.

Socio-economic inequality in multiple health complaints among adolescents: international comparative study in 37 countries

DEFF Research Database (Denmark)

Holstein, Bjørn E; Currie, Candace; Boyce, Will

2009-01-01

OBJECTIVES: To use comparable data from many countries to examine 1) socio-economic inequality in multiple health complaints among adolescents, 2) whether the countries' absolute wealth and economic inequality was associated with symptom load among adolescents, and 3) whether the countries......' absolute wealth and economic inequality explained part of the individual level socio-economic variation in health complaints. METHODS: The Health Behaviour in School-aged Children (HBSC) international study from 2005/06 provided data on 204,534 11-, 13- and 15-year old students from nationally random...... Affluence Scale FAS) and two macro level measures on the country's economic situation: wealth measured by Gross National Product (GNP) and distribution of income measured by the Gini coefficient. RESULTS: There was a significant socio-economic variation in health complaints in 31 of the 37 countries...

Status consumption and poverty in developing countries

NARCIS (Netherlands)

van Kempen, L.A.C.M.

2005-01-01

This thesis investigates the scope, nature and welfare effects of status consumption by the poor in developing countries, a phenomenon that is virtually unexplored in the development economics literature. It addresses questions such as: why do the poor buy status-intensive goods, while they suffer

Energy consumption and economic growth: The case of oil exporting countries

International Nuclear Information System (INIS)

Mehrara, Mohsen

2007-01-01

This paper examines the causal relationship between the per capita energy consumption and the per capita GDP in a panel of 11 selected oil exporting countries by using panel unit-root tests and panel cointegration analysis. The results show a unidirectional strong causality from economic growth to energy consumption for the oil exporting countries. The findings have practical policy implications for decision makers in the area of macroeconomic planning. In most major oil exporting countries, government policies keep domestic prices bellow free market level, resulting in high levels of domestic energy consumption. The results imply that the energy conservation through reforming energy price policies has no damaging repercussions on economic growth for this group of countries. (author)

Advancing life cycle economics in the Nordic countries

DEFF Research Database (Denmark)

Haugbølle, Kim; Hansen, Ernst Jan de Place

2005-01-01

Advancing construction and facilities management requires the ability to estimate and evaluate the economic consequences of decisions in a lifetime perspective. A survey of state-of-the-art on life cycle economics in the Nordic countries showed that, despite a number of similarities, no strong...... that the configuration of the roles as client, owner and user is indicative of a client's interest in life cycle economics. Second, a proposal for a common Nordic cost classification was put forward. Third, it was argued that there is a strong need to develop tools and methodologies to depict the cost/value ratio...

Foreign direct investment and their impact on economic development countries in transition

Directory of Open Access Journals (Sweden)

Marijana Joksimovic

2017-07-01

Full Text Available Foreign direct investment (FDI is among the key developmental factors that, along with international trade, contributes to the globalisation of the world economy and business. It is therefore necessary to ensure FDI improves economic development. Attracting investors, a favourable investment climate, and investment attractiveness compared to other countries in the region are some of the prerequisites for effective economic development of the Republic of Serbia. The authors in the paper analyse the impact of FDI on the economic development of Republic of Serbia. Based on available countries from 2012 to 2014, the paper presents a comparative view of the Republic of Serbia and the countries in the region.

Current Global Pricing For Human Papillomavirus Vaccines Brings The Greatest Economic Benefits To Rich Countries.

Science.gov (United States)

Herlihy, Niamh; Hutubessy, Raymond; Jit, Mark

2016-02-01

Vaccinating females against human papillomavirus (HPV) prior to the debut of sexual activity is an effective way to prevent cervical cancer, yet vaccine uptake in low- and middle-income countries has been hindered by high vaccine prices. We created an economic model to estimate the distribution of the economic surplus-the sum of all health and economic benefits of a vaccine, minus the costs of development, production, and distribution-among different country income groups and manufacturers for a cohort of twelve-year-old females in 2012. We found that manufacturers may have received economic returns worth five times their original investment in HPV vaccine development. High-income countries gained the greatest economic surplus of any income category, realizing over five times more economic value per vaccinated female than low-income countries did. Subsidizing vaccine prices in low- and middle-income countries could both reduce financial barriers to vaccine adoption and still allow high-income countries to retain their economic surpluses and manufacturers to retain their profits. Project HOPE—The People-to-People Health Foundation, Inc.

The Spatio-Temporal Evolution of Geo-Economic Relationships between China and ASEAN Countries: Competition or Cooperation?

Directory of Open Access Journals (Sweden)

Shufang Wang

2017-06-01

Full Text Available In the last 30 years, China’s economic power has experienced great changes and has brought about a profound impact on the world economy. This led us to ask a question: do changes in China’s economic power shift the geo-economic relationships between China and its neighboring countries? To answer this question, we researched the evolution of geo-economic relationships between China and the Association of Southeast Asian Nations (ASEAN countries. Using the Euclidean distance method, we explored the changes in these geo-economic relationships between China and ASEAN countries from 1980 to 2014. Our findings resulted in five conclusions: (1 Over time, geo-economic relationships between China and ASEAN countries remained relatively stable. (2 Geographically, the main geo-economic relationships between China and continental ASEAN countries were complementary, while the main geo-economic relationships between China and island ASEAN countries were competitive. (3 Geopolitics and geo-culture were attributed to the changes in geo-economic relationships. (4 The evolution of geo-economic relationships was characterized by path dependence. (5 Geo-economic relationships between China and ASEAN countries could be classified into four types: game type, with high cooperation and competition; complementary type, with high cooperation and low competition; fight type, with low cooperation and high competition; and loose type, with low cooperation and competition. Our findings contribute to improving the understanding of geo-economic relationships.

A Short Note on Economic Development and Socioeconomic Inequality in Female Body Weight

OpenAIRE

Deuchert, Eva; Cabus, Sofie J.; Tafreschi, Darjusch

2012-01-01

The origin of the obesity epidemic in developing countries is still poorly understood. It has been prominently argued that economic development provides a natural interpretation of the growth in obesity. This paper tests the main aggregated predictions of the theoretical framework to analyze obesity: Average female body weight is associated with economic development. In relatively poor countries, obesity is a phenomenon of the socioeconomic elite. With economic development, obesity shifts tow...

ECONOMIC PROMOTION OF A SMALL COUNTRY – THE CASE OF SLOVENIA

Directory of Open Access Journals (Sweden)

Dejan ROMIH

2014-06-01

Full Text Available This paper examines the economic promotion of a small country in the case of Slovenia, which is facing certain economic and social problems. One reason for this is the current financial and economic crisis, which is continuing to affect the country’s economy. Economic promotion is therefore very important for Slovenia and its economic performance in both the short and long run.

Causal relationship between nuclear energy consumption and economic growth: A multi-country analysis

International Nuclear Information System (INIS)

Yoo, Seung-Hoon; Ku, Se-Ju

2009-01-01

This paper attempts to investigate the causal relationship between nuclear energy consumption and economic growth using the data from six countries among 20 countries that have used nuclear energy for more than 20 years until 2005. To this end, time-series techniques including the tests for unit roots, co-integration, and Granger-causality are employed to Argentina, France, Germany, Korea, Pakistan, and Switzerland. The main conclusion is that the causal relationship between nuclear energy consumption and economic growth is not uniform across countries. In the case of Switzerland, there exists bi-directional causality between nuclear energy consumption and economic growth. This means that an increase in nuclear energy consumption directly affects economic growth and that economic growth also stimulates further nuclear energy consumption. The uni-directional causality runs from economic growth to nuclear energy consumption without any feedback effects in France and Pakistan, and from nuclear energy to economic growth in Korea. However, any causality between nuclear energy consumption and economic growth in Argentina and Germany is not detected.

The renewable energy and economic growth nexus in Black Sea and Balkan countries

International Nuclear Information System (INIS)

Koçak, Emrah; Şarkgüneşi, Aykut

2017-01-01

The aim of this study is to explore the relationship between renewable energy consumption and economic growth within the framework of traditional production function for the period of 1990–2012 in 9 Black Sea and Balkan countries. For this purpose, we use panel cointegration, co-integration estimate methods and heterogeneous panel causality estimation techniques. The study has concluded that there is a long term balance relationship between renewable energy consumption and economic growth and renewable energy consumption has a positive impact on economic growth. Heterogeneous panel causality analysis results support growth hypothesis in Bulgaria, Greece, Macedonia, Russia and Ukraine; feedback hypothesis in Albania, Georgia and Romania; neutrality hypothesis in Turkey and according to the panel data set including all nine countries the results support feedback hypothesis. With the findings, it was concluded that there is a significant impact of renewable energy consumption on economic growth in Balkan and Black Sea Countries. - Highlights: • Explores the impact of renewable energy on economic growth in Black Sea and Balkan countries. • Employs panel cointegration and heterogeneous causality analyses. • Finds significant effect of renewable energy consumption on economic growth. • Finds bidirectional causality between renewable energy consumption and economic growth for the whole panel.

Adult Literacy and the Poor Farming People.

Science.gov (United States)

Mathur, J. C.

1978-01-01

In discussing Rafe-uz-Zaman's essay on adult literacy and national development (see v9, n1 of this journal), the author cites examples to support his thesis that mass literacy campaigns in predominately agricultural countries can be successful only if there is simultaneous undertaking of economic development programs focused on the rural poor. (MF)

Electricity (in)accessibility to the urban poor in developing countries

DEFF Research Database (Denmark)

Singh, Rozita; Wang, Xiao; Mendoza, Juan Carlos

2015-01-01

More than half of the world’s population now lives in urban areas. The difficulties involved in providing new urban residents with a wide variety of services reveals a new face of poverty, one in which urban communities cannot access or afford basic modern energy services for their development...... and empowerment. As an enabler of development processes, access to electricity in urban and peri-urban contexts plays a key role in providing possibilities and solutions to the urban poor. Energy poverty is no longer a rural-only phenomenon, and a concerted effort is needed to find solutions. Taking...... this into account, the Global Network on Energy for Sustainable Development (GNESD) initiated the Urban Peri-Urban Energy Access (UPEA) project in 2006. The objective was to understand the barriers to energy access in the context of the urban poor in seven countries. Barriers from both the supply and demand sides...

The world economic development with the ISER-PIUS for developing and developed countries

International Nuclear Information System (INIS)

Wakabayashi, Hiroaki

1987-01-01

Nuclear power as a base for the world economic development has, unfortunately, been posing some potential risks including excessive radiation and radioactivity releases from the TMI-2 and the Chernobyl-4 as well as the future risks of nuclear waste management. On the other hand, it is a fact that nuclear power is already being used substantially as an economical energy option throughout the world. Therefore, the ISER-PIUS is now envissaged to be used eventually as safe and economical power source to be employed widely in the world. The present economic conditions and future economic development in Indonesia, taken as an example of less developed country, are described briefly. It is insisted that the policy of nuclear power introduction into a less developed country is neither economical nor realistic. More feasible seems a system of domestically designed and developed inherently safe reactor like ISER-PIUS. An analysis is also made of the future potential of such reactors in advanced countries in terms of the future of ISER-PIUS. It is concluded that cheap electricity and heat are needed for the economic development in less developed nations and for the maintenance of the economy level now attained by developed countries as well. International collaboration for the ISER-PIUS development will be a vehecle for the world-wide economic development in the next century. (Nogami, K.)

9Socio-economic adaptation strategies of the urban poor in the ...

African Journals Online (AJOL)

This article investigates the survival strategies of the urban poor in Lagos metropolis. The study considers the socio-economic characteristics as well as the livelihood patterns and strategies employed in the absence of formal social security systems. The research adopts a purposive sampling of 396 household heads in 31 ...

Economic poverty among children and adolescents in the Nordic countries.

Science.gov (United States)

Povlsen, Lene; Regber, Susann; Fosse, Elisabeth; Karlsson, Leena Eklund; Gunnarsdottir, Hrafnhildur

2018-02-01

This study aimed to identify applied definitions and measurements of economic poverty and to explore the proportions and characteristics of children and adolescents living in economic poverty in Denmark, Finland, Iceland, Norway and Sweden during the last decade and to compare various statistics between the Nordic countries. Official data from central national authorities on statistics, national reports and European Union Statistics of income and living conditions data were collected and analysed during 2015-2016. The proportion of Nordic children living in economic poverty in 2014 ranged from 9.4% in Norway to 18.5% in Sweden. Compared with the European Union average, from 2004 to 2014 Nordic families with dependent children experienced fewer difficulties in making their money last, even though Icelandic families reported considerable difficulties. The characteristics of children living in economic poverty proved to be similar in the five countries and were related to their parents' level of education and employment, single-parent households and - in Denmark, Norway and Sweden - to immigrant background. In Finland, poverty among children was linked in particular to low income in employed households. This study showed that economic poverty among Nordic families with dependent children has increased during the latest decade, but it also showed that poverty rates are not necessarily connected to families' ability to make their money last. Therefore additional studies are needed to explore existing policies and political commitments in the Nordic countries to compensate families with dependent children living in poverty.

State of inequality in malaria intervention coverage in sub-Saharan African countries.

Science.gov (United States)

Galactionova, Katya; Smith, Thomas A; de Savigny, Don; Penny, Melissa A

2017-10-18

Scale-up of malaria interventions over the last decade have yielded a significant reduction in malaria transmission and disease burden in sub-Saharan Africa. We estimated economic gradients in the distribution of these efforts and of their impacts within and across endemic countries. Using Demographic and Health Surveys we computed equity metrics to characterize the distribution of malaria interventions in 30 endemic countries proxying economic position with an asset-wealth index. Gradients were summarized in a concentration index, tabulated against level of coverage, and compared among interventions, across countries, and against respective trends over the period 2005-2015. There remain broad differences in coverage of malaria interventions and their distribution by wealth within and across countries. In most, economic gradients are lacking or favor the poorest for vector control; malaria services delivered through the formal healthcare sector are much less equitable. Scale-up of interventions in many countries improved access across the wealth continuum; in some, these efforts consistently prioritized the poorest. Expansions in control programs generally narrowed coverage gaps between economic strata; gradients persist in countries where growth was slower in the poorest quintile or where baseline inequality was large. Despite progress, malaria is consistently concentrated in the poorest, with the degree of inequality in burden far surpassing that expected given gradients in the distribution of interventions. Economic gradients in the distribution of interventions persist over time, limiting progress toward equity in malaria control. We found that, in countries with large baseline inequality in the distribution of interventions, even a small bias in expansion favoring the least poor yielded large gradients in intervention coverage while pro-poor growth failed to close the gap between the poorest and least poor. We demonstrated that dimensions of disadvantage

Impact of Insurance Market on Economic Growth in Post-Transition Countries

Directory of Open Access Journals (Sweden)

Phutkaradze Jaba

2014-12-01

Full Text Available The purpose of this work is to identify whether the development of an insurance market is linked to economic growth in former transition countries. A multiple regression analysis is employed to estimate the insurance-growth relationship, using a cross-country panel dataset analysis tracking annual total insurance penetration in 10 countries over the 2000-2012 period, and applying a fixed effect model to test the hypothesis that this linkage is demonstrably positive. The results show a negative and statistically non-significant correlation between insurance and GDP growth, suggesting a lack of evidence that insurance promotes economic growth in post-transition economies.

[Demographic dynamics, migrants from bordering countries and economic activity in Buenos Aires].

Science.gov (United States)

Lattes, A E; Bertoncello, R

1997-04-01

The growth and changes--by age, sex, and place of birth--in the structure of the total population of the Buenos Aires metropolitan area and of the subpopulation over 15 years of age and economically active are analyzed for the decade of the 1980s. Study of the economic participation of migrants and its possible influence on levels of employment or unemployment should be carried out within the framework of changes in the population's structure and economic participation. The 1981 and 1991 censuses and the Permanent Survey of Households were the sources of data. Immigration to Argentina has declined considerably in recent years, but it is still a factor in the population growth of metropolitan Buenos Aires. Between the 1981 and 1991 censuses, the population aged 15 and over grew by 10.9/1000, or a total of 827,806 people. Migrants from bordering countries increased in number (by 85,109, or 10.3%) and in proportion to the total population (from 3.9% to 4.6%). Migrant women increased at the highest rate (30.1/1000). The greatest growth occurred among men aged 40 and over and among women aged 35 and over. The growth of the economically active population over age 15 for different groups of national origin, sex, and age showed much greater heterogeneity. In 1991, women from bordering countries represented 3.8% of all women in metropolitan Buenos Aires but 5.7% of the total economically active female population and nearly 7% of the economically active female population aged 35 and over. Women from neighboring countries were responsible for 10.3% of the growth in the economically active female population aged 30-34 and 40-44 between 1981 and 1991. The absolute and relative increases in migrants from neighboring countries and their greater economic participation tend to increase the general level of economic activity.

Stock Market Development and Economic Growth: Evidences from Asia-4 Countries

OpenAIRE

Azam, Muhammad; Haseeb, Muhammad; Samsi, Aznita binti; Raji, Jimoh Olajide

2016-01-01

The main purpose of this study is to examine the role of stock markets in economic growth for four Asian countries namely Bangladesh, India, China and Singapore. Annual time series cross country data over the period 1991 to 2012 and Autoregressive Distributed Lag (ARDL) bound testing approaches an analytical technique are used. Our results suggest that there is long-term cointegration among economic growth, Foreign Direct Investment (FDI), stock market development and inflation. The long-ter...

Principle of pro-poor tourism: Analysis of the positive and negative aspects

OpenAIRE

Škrbić Iva; Tomka Dragica; Milošević Srđan

2014-01-01

Reducing poverty is one of the primary activities that must be implemented by developed countries and developing countries alike. Seeing as tourism has a major impact on the global and local economy through the implementation of the objectives of poverty reduction, the pro-poor tourism strategy must be included in the agenda of tourism development. The aim of the pro-poor strategy is to increase the economic and socio-cultural benefits for the local population. The theoretical frame for the c...

Savings for the Poor

OpenAIRE

Ignacio Mas

2010-01-01

This paper reviews the relevance of formal financial services – in particular, savings – to poor people, the economic factors that have hindered the mass-scale delivery of such services in developing countries, and the technology-based opportunities that exist today to make massive gains in financial inclusion. It also highlights the benefits to government from universal financial access, as well as the key policy enablers that would need to be put in place to allow the necessary innovati...

FDI AND FINANCIAL DEVELOPMENT AS DETERMINANTS OF ECONOMIC GROWTH FOR V4 COUNTRIES

Directory of Open Access Journals (Sweden)

Anastasiya Gural

2017-09-01

Full Text Available The purpose of the paper is to analyze the influence of foreign direct investment (FDI and financial development (qualitative and quantitative changes in the financial system and its components on the dynamics of economic growth in V4 countries. In modern conditions, the financial system is a transfer mechanism of the business cycle and therefore affects the structure and dynamics of foreign direct investment, and especially the efficiency of their assimilation. The subject of the survey is the financial development and the FDI flows impact on economic growth. Methodology. The survey is based on the evaluation of the equation, which is the Barro regression specification. This model helps to find out the impact of the volume and depth of financial system on the dynamics of economic growth. GDP growth per capita is used as an indicator of economic growth. The paper proposes modeling results for the group countries (Hungary, Poland, Slovak and Czech Republic. Static data have been used for the period from 1992 to 2016. Results. FDI has an important role in reforming and developing the national economies of the countries in Visegrad Group. However, today, there is a problem with the stability of FDI inflows and with the efficiency of their development, which negatively affects the dynamics of economic growth. An important factor is the insufficient level of national financial system development of the Visegrad countries. All countries of the group have bank-oriented financial systems that are heavily dependent on foreign capital. At the same time, governments pay particular attention to the stability of banking sectors and set high standards for their sustainability. This holds back the financial development of the national economies of the Visegrad Group. At the same time, regression models for all countries confirm the importance of financial development in economic growth. The most important for V4 countries is to increase the size of the

Gender Inequality and Growth : The Case of Rich vs. Poor Countries

OpenAIRE

Amin, Mohammad; Kuntchev, Veselin; Schmidt, Martin

2015-01-01

This paper uses cross-section data for 107 countries to explore the relationship between gender inequality and economic growth. The paper departs from the literature by using a broad measure of gender inequality that goes well beyond gender inequality in education, which has been the focus of most studies. Another novelty of the paper lies in exploring heterogeneity in the growth-gender in...

A Comparative Analysis of the Impact of Agricultural Exports on Economic Growth of ECOWAS Countries

Directory of Open Access Journals (Sweden)

Richardson Kojo Edeme

2016-10-01

Full Text Available Towards the acceleration of the attainment of sustainable growth, most countries have focused on agricultural exports as a means of driving their economy. Developing countries of Africa are highly dependent on the agricultural sector and agricultural exports are a major determinant of economic growth of these countries. However, the impact of agricultural exports on economic growth of ECOWAS countries remains unclear. This study therefore evaluates the impact of agricultural exports on the economic growth of fifteen ECOWAS countries using panel data for the period 1980–2013. Variables employed are labour force participation rate, capital stock, agricultural exports, non-agricultural exports, inflation and economic growth. The results of the fixed-effect model show that agricultural exports have not impacted significantly on the economic growth of ECOWAS countries such as Côte d’Ivoire and Nigeria with respect to the Republic of Benin, which is the selected baseline. The study also analysed the country combined effect of the agricultural exports and found that it was significant but the rate of impact was weak. The study recommends, among others, that even though agricultural exports had a significant impact on economic growth, there is still a need for ECOWAS governments to improve their agricultural sector as its significance is more noticeable in some countries such as Côte d’Ivoire and Nigeria.

ECONOMIC PROMOTION OF A SMALL COUNTRY – THE CASE OF SLOVENIA

OpenAIRE

Dejan Romih

2014-01-01

This paper examines the economic promotion of a small country in the case of Slovenia. It also examines the economic diplomacy, whose main activity is the promotion of an economy, in the same case. For Slovenia, economic promotion, especially trade and investment promotion, is particularly important. One of the reasons for this is the importance of foreign trade and investment for its economic growth and development.

The Gradual Shift of Overweight, Obesity, and Abdominal Obesity Towards the Poor in a Multi-ethnic Developing Country: Findings From the Malaysian National Health and Morbidity Surveys.

Science.gov (United States)

Mariapun, Jeevitha; Ng, Chiu-Wan; Hairi, Noran N

2018-06-05

Economic development is known to shift the distribution of obesity from the socioeconomically more advantaged to the less advantaged. We assessed the socioeconomic trends in overweight, obesity, and abdominal obesity across a period of significant economic growth. We used the Malaysian National Health and Morbidity Survey data sets for the years 1996, 2006, and 2011 to analyze the trends among adults aged 30 years and above. The World Health Organization's Asian body mass index cut-off points of ≥23.0 kg/m 2 and ≥27.5 kg/m 2 were used to define overweight and obesity, respectively. Abdominal obesity was defined as having a waist circumference of ≥90 cm for men and ≥80 cm for women. Household per-capita income was used as a measure of socioeconomic position. As a summary measure of inequality, we computed the concentration index. Women in Peninsular Malaysia demonstrated patterns that were similar to that of developed countries in which the distributions for overweight, obesity, and abdominal obesity became concentrated among the poor. For women in East Malaysia, distributions became neither concentrated among the rich nor poor, while distributions for men were still concentrated among the rich. Chinese women, particularly from the richest quintile, had the lowest rates and lowest increase in overweight and obesity. All distributions of Chinese women were concentrated among the poor. The distributions of Malay men were still concentrated among the rich, while distributions for Chinese and Indian men and Malay and Indian women were neither concentrated among the rich nor poor. As the country continues to progress, increasing risks of overweight and obesity among the socioeconomically less advantaged is expected.

Electricity consumption and economic growth in the GCC countries: Panel data analysis

International Nuclear Information System (INIS)

Osman, Mohamed; Gachino, Geoffrey; Hoque, Ariful

2016-01-01

Applying recent advances in panel data analysis, we investigate the relationship between electricity consumption and economic growth in the GCC countries using annual data from 1975 to 2012. Within a framework which takes into consideration dynamics, heterogeneity and cross-sectional dependence in the panel, we show that the results obtained from using the PMGE, demeaned PMG, AMG, MGE and DFE models indicate a long-run equilibrium relationship between electricity consumption and economic growth. In order to determine the appropriate model and decide the preferred estimator, the Hausman test was performed. The PMGE model emerged as the most efficient of the three estimators. Also, the results obtained revealed a bi-directional causality between economic growth and electricity consumption in these countries, which supports the feedback hypothesis. As a result, this implies that if these countries adopt or implement any energy or electricity conservation policies, this may have a negative impact on its economic growth. - Highlights: • The relationship between electricity consumption and GDP is explored. • Panel data econometric analysis is used to obtain the results. • Bidirectional causality between these variables is observed. • The results support the feedback hypothesis in the GCC countries.

CO2 emissions and economic activity: Heterogeneity across countries and non-stationary series

International Nuclear Information System (INIS)

Piaggio, Matías; Padilla, Emilio

2012-01-01

This paper explores the relationship between CO 2 emissions and economic activity for 31 countries (28 OECD, Brazil, China, and India) during the period 1950 to 2006 using cointegration analysis. Single country long run relationships are estimated, and equality in the functional form, the parameters, and the turning point, when appropriate, are rejected. This confirms the relevance of considering the differences among countries in the relationship between air pollution and economic activity to avoid wrong estimations and conclusions. - Highlights: ► Path and parameters homogeneity in CO 2 -economic activity relationship is analyzed. ► Longer period than previous studies allows greater overlap between countries' paths. ► We also test turning point homogeneity, which imposes a weaker restriction. ► Functional form, parameters and turning point homogeneity is rejected. ► Individual functional form for the long term relation is determined for each country.

Energy consumption, prices and economic growth in three SSA countries: A comparative study

International Nuclear Information System (INIS)

Odhiambo, Nicholas M.

2010-01-01

In this paper we examine the causal relationship between energy consumption and economic growth in three sub-Saharan African countries, namely South Africa, Kenya and Congo (DRC). We incorporate prices as an intermittent variable in a bivariate setting between energy consumption and economic growth-thereby creating a simple trivariate framework. Using the ARDL-bounds testing procedure, we find that the causality between energy consumption and economic growth varies significantly across the countries under study. The results show that for South Africa and Kenya there is a unidirectional causal flow from energy consumption to economic growth. However, for Congo (DRC) it is economic growth that drives energy consumption. These findings have important policy implications insofar as energy conservation policies are concerned. In the case of Congo (DRC), for example, the implementation of energy conservation policies may not significantly affect economic growth because the country's economy is not entirely energy dependent. However, for South Africa and Kenya there is a need for more energy supply augmentations in order to cope with the long-run energy demand. In the short-run, however, the two countries should explore more efficient and cost-effective sources of energy in order to address the energy dependency problem.

The Economics of Developing Countries Component of GCE "A" Level Economics--A Review of Examination Questions.

Science.gov (United States)

Wood, Keith

1984-01-01

A review of the summer examination papers in 'A' level economics set by the eight boards of England and Wales during the period 1979-1983 show that, with two notable exceptions, the boards have not devoted much space to questions relating to the economics of developing countries. (Author/RM)

The causal relationship between electricity consumption and economic growth in the ASEAN countries

International Nuclear Information System (INIS)

Yoo, S.-H.

2006-01-01

This paper investigates the causal relationship between electricity consumption and economic growth among the Association of South East Asian Nations (ASEAN) 4 members, namely Indonesia, Malaysia, Singapore, and Thailand, using modern time-series techniques for the period 1971-2002. The results indicate that there is a bi-directional causality between electricity consumption and economic growth in Malaysia and Singapore. This means that an increase in electricity consumption directly affects economic growth and that economic growth also stimulates further electricity consumption in the two countries. However, uni-directional causality runs from economic growth to electricity consumption in Indonesia and Thailand without any feedback effect. Thus, electricity conservation policies can be initiated without deteriorating economic side effects in the two countries

Brain drain: Do economic conditions "push" doctors out of developing countries?

Science.gov (United States)

Okeke, Edward N

2013-12-01

Health worker migration is an issue of first order concern in global health policy circles and continues to be the subject of much policy debate. In this paper, we contribute to the discussion by studying the impact of economic conditions on the migration of physicians from developing countries. To our knowledge, this is one of the first papers to do so. A major contribution of this paper is the introduction of a new panel dataset on migration to the US and the UK from 31 sub-Saharan Africa countries. The data spans the period 1975-2004. Using this data, we estimate the impact of changes in economic conditions on physician migration. In our preferred specification that allows for country-specific time trends, we find that a temporary one percentage point decline in GDP per capita increases physician migration in the next period by approximately. 3 percent. In our IV models a one percentage point decline in GDP per capita increases physician migration in the next period by between 3.4 and 3.6 percent. Overall, our results suggest a significant effect of developing country economic conditions on physician migration. Copyright © 2013 Elsevier Ltd. All rights reserved.

Treatment of chancroid in resource-poor countries.

Science.gov (United States)

Annan, Naa Torshie; Lewis, David A

2005-04-01

Chancroid, formerly a major cause of the genital ulcer disease syndrome, remains an important cofactor in both the transmission and acquisition of HIV-1 infection. Those countries with the greatest burden of HIV also have some of the highest prevalence rates of chancroid worldwide. The diagnosis of chancroid, caused by the fastidious bacterium Haemophilus ducreyi, is both expensive and difficult in many resource-poor areas. These areas of the world use syndromic management to treat genital ulcers and such an approach has proven effective in reducing rates of bacterial genital ulcer diseases. There are currently inexpensive and effective single-dose therapies available to treat chancroid. Single-dose regimens, given at first presentation, improve compliance and reduce the risk of sexually transmitted infections. Bacterial resistance to several antimicrobial agents has increased over the years and remains a continued threat to effective antimicrobial therapy. Follow-up of cases, and partner notification and treatment is carried out to limit reinfection and onward transmission of chancroid. Patients with coexistent HIV may be particularly at risk of failing single-dose therapy and should therefore be reviewed wherever possible.

Nuclear energy consumption, oil consumption and economic growth in G-6 countries: Bootstrap panel causality test

International Nuclear Information System (INIS)

Chu, Hsiao-Ping; Chang Tsangyao

2012-01-01

This study applies bootstrap panel Granger causality to test whether energy consumption promotes economic growth using data from G-6 countries over the period of 1971–2010. Both nuclear and oil consumption data are used in this study. Regarding the nuclear consumption-economic growth nexus, nuclear consumption causes economic growth in Japan, the UK, and the US; economic growth causes nuclear consumption in the US; nuclear consumption and economic growth show no causal relation in Canada, France and Germany. Regarding oil consumption-economic growth nexus, we find that there is one-way causality from economic growth to oil consumption only in the US, and that oil consumption does not Granger cause economic growth in G-6 countries except Germany and Japan. Our results have important policy implications for the G-6 countries within the context of economic development. - Highlights: ► Bootstrap panel Granger causality test whether energy consumption promotes economic growth. ► Data from G-6 countries for both nuclear and oil consumption data are used. ► Results have important policy implications within the context of economic development.

Determinants of Human Capital Formation and Economic Growth of African Countries

Science.gov (United States)

Oketch, Moses O.

2006-01-01

Rapid economic growth and improving living standards have benefited almost all regions of the world since the industrial revolution. Africa stands out as one regional exception. While several factors such as civil wars and rampant corruption have been associated with poor economic performance of the African region in the international community,…

Coal Consumption and Economic Growth: Panel Cointegration and Causality Evidence from OECD and Non-OECD Countries

Directory of Open Access Journals (Sweden)

Taeyoung Jin

2018-03-01

Full Text Available This paper examines the relationship between coal consumption and economic growth for 30 OECD (Organisation for Economic Co-operation and Development countries and 32 non-OECD countries for 1990–2013 using a multivariate dependent panel analysis. For the analysis, we conducted the common factor defactorization process, unit root test, cointegration test, long-run cointegrating vector, and Granger causality test. Our results suggest the following: First, there is no long-run relationship between coal consumption and economic growth in OECD countries; however, in non-OECD countries, the relationship does exist. Second, excessive coal usage may hinder economic growth in the long run. Lastly, the growth hypothesis (coal consumption affects economic growth positively is supported in the short run for non-OECD countries. As coal consumption has a positive effect on economic growth in the short run and a negative effect in the long run, energy conservation policies may have adverse effects only in the short run. Thus, non-OECD countries should gradually switch their energy mix to become less coal-dependent as they consider climate change. Moreover, a transfer of technology and financial resources from developed to developing countries must be encouraged at a global level.

The economics of energy efficiency for the poor--a South African case study

International Nuclear Information System (INIS)

Spalding-Fecher, Randall; Clark, Alix; Davis, Mark; Simmonds, Gillian

2002-01-01

South Africa's Reconstruction and Development Programme set ambitious goals for providing basic services to all, including housing and electrification. More efficient use of energy has the potential to socially and politically support these goals, particularly when it is targeted at low-income communities lacking adequate energy services. This paper examines the economics of energy efficiency for the urban poor from the perspective of society, utilities and poor consumers, using five example programmes. While the five energy efficiency programmes generally have significant economic and environmental benefits from a social perspective, they may not be as attractive to utilities and consumers. Also examined are the policy options for overcoming the significant barriers to energy efficiency, and ways government can bridge the gap between what is good for society and what is good for the electricity industry

Export and Economic Growth in the West Balkan Countries

OpenAIRE

Florentina Xhelili Krasniqi; Rahmije Mustafa Topxhiu

2017-01-01

The aim of this paper is to explore the effects of exports and other variables (foreign direct investment, remittances, capital formation, and labour force) on economic growth in West Balkan countries (Albania, Kosovo, Macedonia, Montenegro, Bosnia and Herzegovina and Serbia). This study utilizes a strongly balanced panel data over the 2005-2015 period for Western Balkan countries using the ordinary least squares method (OLS), ie Pooled regression model to evaluate the parameters. The rela...

Economic feasibility study of regional centers for nuclear fuel reprocessing in the developing countries

International Nuclear Information System (INIS)

Bakeshloo, A.A.

1977-01-01

The fuel cycle costs for the following three different economic alternatives were studied: (1) Reprocessing in an industrialized country (such as the U.S.); (2) Reprocessing in the individual developing country; (3) Reprocessing in a regional center. The nuclear fuel cycle cost for the ''Throw-away'' fuel cycle was evaluated. Among the six regions which were considered in this study, region one (South America including Mexico) was selected for the economic analysis of the nuclear fuel cycle for the above three alternatives. For evaluation of the cases where the fuel is reprocessed in a regional center or in an individual developing country, a unit reprocessing cost equation was developed. An economic evaluation was developed to estimate the least expensive method for transporting radioactive nuclear material by either leased or purchased shipping casks. The necessary equations were also developed for estimating plutonium transportation and the safeguard costs. On the basis of nuclear material and services requirements and unit costs for each component, the levelized nuclear fuel cycle costs for each alternative were estimated. Finally, by a comparison of cost, among these three alternatives plus the ''Throw-away'' case,it was found that it is not at all economical to build individual reprocessing plants inside the developing countries in region one. However, it also was found that the economic advantage of a regional center with respect to the first alternative is less than a 4% difference between their total fuel cycle costs. It is concluded that there is no great economic advantage in any developing countries to seek to process their fuel in one of the advanced countries. Construction of regional reprocessing centers is an economically viable concept

On Harmonizing the External Economic Policy among the Countries of the Common Economic Space: Problems and Prospects

Directory of Open Access Journals (Sweden)

Elena S. Ratushnyak

2014-01-01

Full Text Available The article provides the tax systems of the countries of the customs union of Belarus, Kazakhstan and Russia, reveals the differences and identifies the need for harmonization and convergence of the structures and principles of taxation, the general tax reforms and harmonization of fiscal policies of member countries in order to increase the investment attractiveness and competitiveness of the national economies in the process of development and integration. The comparison of the existing tax systems of the three countries revealed differences affecting the implementation and development of the foreign economic activity of companies in terms of the common market, in particular, the main obstacles to doing business are high tax rates as well as different rates of value added tax (further - VAT regarding indirect taxation, because this tax is the major budget revenue generating tax involved in the pricing and resulted in decreasing in the export potential of the country. One of the major exporters' obstacles of CU, revealed in the paper, is a VAT refund in export transactions, preventing the development of export activity, which reduces the competitiveness of CU on the foreign markets. The harmonization success of fiscal policy depends on the government, and the institution body taking the harmonization, - this paper looks at the necessity of such harmonization among the three countries of customs union, which at present has interstate form while supranational regulation of Eurasian Economic Commission is absent, since it does not have such empowerment. The paper finds the main tax policy directions of harmonization of customs union countries focused on eliminating of the barriers and for easy the implementation of a process for foreign trade enterprises, the development of the participating countries investment attractiveness, the enhancing the products competitiveness, the development of the export activities efficiency on the whole for the

Unemployment and Economic Growth of Developing Asian Countries: A Panel Data Analysis

OpenAIRE

Muhammad Imran; Khurrum S. Mughal; Aneel Salman; Nedim Makarevic

2015-01-01

This study presents the new regression estimates of the relationship between unemployment and economic growth for 12 selected Asian countries over the period 1982-2011. Fixed effect and Pooled OLS techniques are used to analyze the panel data for measuring individual country effects, group effects and time effects while exploring the relationship between Unemployment rate and the Economic Growth. The results showed that higher unemployment rate has significant negative impact on GDP per capit...

Financial Policy as an Instrument of Socio-economic Development of a Country

OpenAIRE

Adamenko Iryna P.

2014-01-01

The goal of the article lies in showing the economic essence and identification of directions of increase of efficiency of the financial policy as an instrument of socio-economic development of the country. The article describes theoretical aspects, methodological principles and forms of ordering and improving financial relations. It identifies specific features of formation and realisation of financial policy of foreign countries. It shows that development of the strategy of efficient financ...

Measuring productivity of research in economics: A cross-country study using DEA

NARCIS (Netherlands)

Kocher, M.; Luptacik, M.; Sutter, M.

2006-01-01

We measure productivity in leading edge economic research by using data envelopment analysis (DEA) for a sample of 21 countries belonging to the Organization for Economic Cooperation and Development (OECD). Publications in ten top journals of economics from 1980 to 1998 are taken as the research

Theory and methodology of social, political and economic processes risks determining in different countries of the world

Directory of Open Access Journals (Sweden)

Yashina Nadezhda, I.

2015-06-01

Full Text Available The study deals with the problems of the theory and methodology of social, political and economic processes risks in different countries with relative indicators of the socio-economic development level, as well as the size and condition of the public debt. Developed by the authors the methodology of determining the risks of social, political and economic processes of public policy around the world revealed close relationship between socio-economic situation of the countries and their public debt. Within the framework of this methodology two groups of factors characterizing the socio-political and economic processes in the country are being developed. After that each exponent and indicator are being processed, using expert procedures. Maximum statutory values for tentatively referenced countries with effective and ineffective government policies are identified. Then standardization (specification and definition of integral (generalized indexes of socio-political and economic processes in the country are taking place. After that the ranking of countries by aggregated standardized ratio is arranged, taking into account the significance of the developed indicators. The final phase of implementation methodology is identifying risks of social, political and economic processes of public policy around the world. This is the ranking of countries by ratio of stability in public policy (stability of economic and socio-political processes in the country. As the result of implementation methodology the following output was received: what really makes a difference is not the amount of the country's debt, but how effectively it manages this debt, whether it has a goal to improve social and economic indicators. Practical testing methodology has proven that studied indicators fully characterize the development of the countries, their political, social and economic situation on the world stage.

Socio-economic factors and suicide rates in European Union countries.

Science.gov (United States)

Ferretti, Fabio; Coluccia, Anna

2009-04-01

Are socio-economic factors valid determinants of suicide? The modern sociological theory of suicide is based on Durkheim's studies. In addition to these fundamental social determinants, modern theorists have put more attention on economic factors. The purpose of the research is to determine the relationship between suicide rates and socio-economic factors, such as demography, economic development, education, healthcare systems, living conditions and labour market. All data were collected from a Eurostat publication and they concern 25 European Union countries. In order to test this relationship, a discriminant analysis was performed using an ordinal dependent variable and a set of independent variables concerning socio-economic factors. A dataset of 37 independent variables was used. We estimated a model with five variables: annual growth rates for industry, people working in S&T (% of total employment), at-risk-of-poverty rate, all accidents (standardized rates), and healthcare expenditures (% of GDP). Highly significant values of Wilk's Lambda assess a good discriminating power of the model. The accuracy too is very high: all cases are correctly classified by the model. Countries with high suicide rate levels are marked by high levels of at-risk-of-poverty rates, high annual growth rates for industry and low healthcare expenditures.

The economic consequences of neurosurgical disease in low- and middle-income countries.

Science.gov (United States)

Rudolfson, Niclas; Dewan, Michael C; Park, Kee B; Shrime, Mark G; Meara, John G; Alkire, Blake C

2018-05-18

OBJECTIVE The objective of this study was to estimate the economic consequences of neurosurgical disease in low- and middle-income countries (LMICs). METHODS The authors estimated gross domestic product (GDP) losses and the broader welfare losses attributable to 5 neurosurgical disease categories in LMICs using two distinct economic models. The value of lost output (VLO) model projects annual GDP losses due to neurosurgical disease during 2015-2030, and is based on the WHO's "Projecting the Economic Cost of Ill-health" tool. The value of lost economic welfare (VLW) model estimates total welfare losses, which is based on the value of a statistical life and includes nonmarket losses such as the inherent value placed on good health, resulting from neurosurgical disease in 2015 alone. RESULTS The VLO model estimates the selected neurosurgical diseases will result in $4.4 trillion (2013 US dollars, purchasing power parity) in GDP losses during 2015-2030 in the 90 included LMICs. Economic losses are projected to disproportionately affect low- and lower-middle-income countries, risking up to a 0.6% and 0.54% loss of GDP, respectively, in 2030. The VLW model evaluated 127 LMICs, and estimates that these countries experienced $3 trillion (2013 US dollars, purchasing power parity) in economic welfare losses in 2015. Regardless of the model used, the majority of the losses can be attributed to stroke and traumatic brain injury. CONCLUSIONS The economic impact of neurosurgical diseases in LMICs is significant. The magnitude of economic losses due to neurosurgical diseases in LMICs provides further motivation beyond already compelling humanitarian reasons for action.

The Gradual Shift of Overweight, Obesity, and Abdominal Obesity Towards the Poor in a Multi-ethnic Developing Country: Findings From the Malaysian National Health and Morbidity Surveys

Science.gov (United States)

Mariapun, Jeevitha; Ng, Chiu-Wan; Hairi, Noran N.

2018-01-01

Background Economic development is known to shift the distribution of obesity from the socioeconomically more advantaged to the less advantaged. We assessed the socioeconomic trends in overweight, obesity, and abdominal obesity across a period of significant economic growth. Methods We used the Malaysian National Health and Morbidity Survey data sets for the years 1996, 2006, and 2011 to analyze the trends among adults aged 30 years and above. The World Health Organization’s Asian body mass index cut-off points of ≥23.0 kg/m2 and ≥27.5 kg/m2 were used to define overweight and obesity, respectively. Abdominal obesity was defined as having a waist circumference of ≥90 cm for men and ≥80 cm for women. Household per-capita income was used as a measure of socioeconomic position. As a summary measure of inequality, we computed the concentration index. Results Women in Peninsular Malaysia demonstrated patterns that were similar to that of developed countries in which the distributions for overweight, obesity, and abdominal obesity became concentrated among the poor. For women in East Malaysia, distributions became neither concentrated among the rich nor poor, while distributions for men were still concentrated among the rich. Chinese women, particularly from the richest quintile, had the lowest rates and lowest increase in overweight and obesity. All distributions of Chinese women were concentrated among the poor. The distributions of Malay men were still concentrated among the rich, while distributions for Chinese and Indian men and Malay and Indian women were neither concentrated among the rich nor poor. Conclusion As the country continues to progress, increasing risks of overweight and obesity among the socioeconomically less advantaged is expected. PMID:29657257

A Panel Estimation of the Relationship Between Trade Liberalization, Economic Growth and CO2 Emissions in BRICS Countries

Directory of Open Access Journals (Sweden)

Mehrara Mohsen

2013-12-01

Full Text Available In the last few years, several studies have found an inverted-U relationship between per capita income and environmental degradation. This relationship, known as the environmental Kuznets curve (EKC, suggests that environmental degradation increases in the early stages of growth, but it eventually decreases as income exceeds a threshold level. However, this paper investigation relationship between per capita CO2 emission, growth economics and trade liberalization based on econometric techniques of unit root test, co-integration and a panel data set during the period 1960-1996 for BRICS countries. Data properties were analyzed to determine their stationarity using the LLC , IPS , ADF and PP unit root tests which indicated that the series are I(1. We find a cointegration relationship between per capita CO2 emission, growth economics and trade liberalization by applying Kao panel cointegration test. The evidence indi\tcates that in the long-run trade liberalization has a positive significant impact on CO2 emissions and impact of trade liberalization on emissions growth depends on the level of income Our findings suggest that there is a quadratic relationship between relationship between real GDP and CO2 emissions for the region as a whole. The estimated long-run coefficients of real GDP and its square satisfy the EKC hypothesis in all of studied countries. Our estimation shows that the inflection point or optimal point real GDP per capita is about 5269.4 dollars. The results show that on average, sample countries are on the positive side of the inverted U curve. The turning points are very low in some cases and very high in other cases, hence providing poor evidence in support of the EKC hypothesis. Thus, our findings suggest that all BRICS countries need to sacrifice economic growth to decrease their emission levels

Wealth, justice and freedom: Objective and subjective measures predicting poor mental health in a study across eight countries.

Science.gov (United States)

Scholten, Saskia; Velten, Julia; Neher, Torsten; Margraf, Jürgen

2017-12-01

Macro-level factors (MF) such as wealth, justice and freedom measured with objective country-level indicators (objective MF), for instance the Gross Domestic Product (GDP), have been investigated in relation to health and well-being, but rarely in connection with depression, anxiety and stress subsumed as poor mental health. Also, a combination of different objective MF and of how individuals perceive those MF (subjective MF) has not been taken into consideration. In the present study, we combined subjective and objective measures of wealth, justice and freedom and examined their relationship with poor mental health. Population-based interviews were conducted in France, Germany, Poland, Russia, Spain, Sweden, U.K. and U.S.A. (n ≈ 1000 per country). GDP, GINI coefficient, Justice Index and Freedom Index were used as objective MF, whereas subjective MF were perceived wealth, justice and freedom measured at the individual level. Poor mental health was assessed as a combination of symptoms of depression, anxiety and stress. In a random-intercept-model, GINI coefficient and Freedom Index were significant positive country-level, and perceived wealth, justice, and freedom significant negative individual-level predictors of symptoms of poor mental health. Multiple subjective and objective MF should be combined to assess the macrosystem's relationship with poor mental health more precisely. The relationship between MF and poor mental health indicates that the macrosystem should be taken into account as relevant context for mental health problems, too.

Economic gradients in early child neurodevelopment: A multi-country study

Science.gov (United States)

Wehby, George L.; McCarthy, Ann Marie

2013-01-01

Little is known about the importance of household wealth for child neurodevelopment very early in life including during infancy. Previous studies have focused on specific developmental domains instead of more holistic multi-domain measures of neurodevelopment and on economic effects for the “average” child instead of evaluating the heterogeneity in economic gradients by different levels of developmental ability. Furthermore, not much is known about whether economic gradients in early child neurodevelopment are country-specific or generalizable between populations. We evaluate wealth gradients in child neurodevelopment, an important predictor of future health and human capital, between ages 3 and 24 months in four South American countries. We also assess the heterogeneity in these gradients at different locations of the neurodevelopment distribution using quantile regression. Employing a unique dataset of 2032 children with neurodevelopment measures obtained by physicians in 2005–2006, we find a large positive wealth gradient in neurodevelopment in Brazil. The wealth gradient is larger for children at higher neurodevelopment rankings, suggesting that wealth is associated with child development inequalities in the form of a wider gap between low and high achievers on neurodevelopment in Brazil. This result highlights the need to target poverty in Brazil as a key factor in health and human capital disparities earlier in life rather than later as early developmental deficits will be carried forward and possibly multiplied later in life. More importantly, small or insignificant wealth gradients are generally found in the other countries. These results suggest that wealth gradients in child neurodevelopment are country-specific and vary with population demographic, health, and socioeconomic characteristics. Therefore, findings from previous studies based on specific populations may not be generalizable to other countries. Furthermore, wealth gradients in child

Economic and cultural correlates of road-traffic accident fatality rates in OECD countries.

Science.gov (United States)

Gaygisiz, Esma

2009-10-01

The relationships between economic conditions, cultural characteristics, personality dimensions, intelligence scores, and road-traffic accident mortality rates were investigated in 30 member and five accession countries of the Organisation for Economic Co-operation and Development (OECD). Economic indicators included the Gross Domestic Product (GDP) per capita, the unemployment rate, and the Gini index. Cultural variables included five Hofstede's cultural dimensions, seven Schwartz cultural value dimensions, NEO-PI-R scales, and the intelligence quotient (IQ). The results showed positive associations between favorable economic conditions (high income per capita, high employment rate, and low income inequality) and high traffic safety. Countries with higher road-traffic accident fatality rates were characterized by higher power distance and uncertainty avoidance as well as embeddedness and emphasis on social hierarchy. Countries with lower road-traffic accident fatality rates were more individualistic, egalitarian, and emphasized autonomy of individuals. Conscientiousness (from NEO-PI-R) and IQ correlated negatively with road-traffic accident fatalities.

Gender Diversity and Innovation: The Role of Women’s Economic Opportunity in Developing Countries

OpenAIRE

Ritter-Hayashi, D.; Vermeulen, P.A.M.; Knoben, Joris

2016-01-01

This research examines how gender diversity interacts with women’s economic opportunity, such as prevailing laws, practices and attitudes in a country allowing women to participate in the workforce under similar conditions like men, to explain innovation in developing countries. We suggest that the level of women’s economic opportunity in the country, within which firms operate, moderates the effect of gender diversity on a firms’ likelihood to innovate. We examine the proposed moderating eff...

The economic burden of malaria.

Science.gov (United States)

Gallup, J L; Sachs, J D

2001-01-01

Malaria and poverty are intimately connected. Controlling for factors such as tropical location, colonial history, and geographical isolation, countries with intensive malaria had income levels in 1995 of only 33% that of countries without malaria, whether or not the countries were in Africa. The high levels of malaria in poor countries are not mainly a consequence of poverty. Malaria is geographically specific. The ecological conditions that support the more efficient malaria mosquito vectors primarily determine the distribution and intensity of the disease. Intensive efforts to eliminate malaria in the most severely affected tropical countries have been largely ineffective. Countries that have eliminated malaria in the past half century have all been either subtropical or islands. These countries' economic growth in the 5 years after eliminating malaria has usually been substantially higher than growth in the neighboring countries. Cross-country regressions for the 1965-1990 period confirm the relationship between malaria and economic growth. Taking into account initial poverty, economic policy, tropical location, and life expectancy, among other factors, countries with intensive malaria grew 1.3% less per person per year, and a 10% reduction in malaria was associated with 0.3% higher growth. Controlling for many other tropical diseases does not change the correlation of malaria with economic growth, and these diseases are not themselves significantly negatively correlated with economic growth. A second independent measure of malaria has a slightly higher correlation with economic growth in the 1980-1996 period. We speculate about the mechanisms that could cause malaria to have such a large impact on the economy, such as foreign investment and economic networks within the country.

The Impact of Government Expenditure on Economic Growth: A Study of Asian Countries

OpenAIRE

K. P. K. S. Lahirushan; W. G. V. Gunasekara

2015-01-01

Main purpose of this study is to identify the impact of government expenditure on economic growth in Asian Countries. Consequently, main objective is to analyze whether government expenditure causes economic growth in Asian countries vice versa and then scrutinizing long-run equilibrium relationship exists between them. The study completely based on secondary data. The methodology being quantitative that includes econometrical techniques of cointegration, panel fixed effe...

Economic Freedom and Entrepreneurial Activity: Evidence from EU 11 Countries

Directory of Open Access Journals (Sweden)

Mandić Dragan

2017-12-01

Full Text Available In this paper, we will present the results of our survey on economic freedom and entrepreneurial activity. We have conducted our analysis on EU 11countries (Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Netherlands, Spain, Sweden and United Kingdom for the time period 2000- 2014. To measure the entrepreneurial activity we have used data from the Global Entrepreneurship Monitor, and to measure economic freedom, we have used data from Fraiser Institute. Our results suggest strong positive and statistically significant, long term impact of economic freedom on entrepreneurial activity.

Central and Eastern European Countries Focus on the Silk Road Economic Belt

Directory of Open Access Journals (Sweden)

GEORGE CORNEL DUMITRESCU

2015-05-01

Full Text Available The Silk Road Economic Belt, a strategic priority of the Chinese foreign policy in 2015, draws the attention to the countries of Central and Eastern Europe through the multiple benefits that it displays (investments, economic growth, trade between the countries along its corridors, job creation, infrastructure development, the strategic importance of being part of a grandiose multi-continental project. Among these benefits an important one is represented by the opportunities of Chinese investments in infrastructure, since the EU is suffering from a credit restraint. Also, The Silk Road Economic Belt could lead to a potential increase in the bilateral trade. Analyzing the literature in the field and the various official information available online, this paper aims to depict the Chinese project form the Eastern European perspective, identifying local priorities, conflicting interests, possible infrastructure projects, routes, focusing on two strategic countries in the region: Romania and Serbia, both displaying advantages and disadvantages.

Evaluating the Relative Environmental Impact of Countries

OpenAIRE

Bradshaw, Corey J. A.; Giam, Xingli; Sodhi, Navjot Singh

2010-01-01

Environmental protection is critical to maintain ecosystem services essential for human well-being. It is important to be able to rank countries by their environmental impact so that poor performers as well as policy ?models? can be identified. We provide novel metrics of country-specific environmental impact ranks ? one proportional to total resource availability per country and an absolute (total) measure of impact ? that explicitly avoid incorporating confounding human health or economic i...

Energy consumption, economic growth and CO2 emissions in Middle East and North African countries

International Nuclear Information System (INIS)

Arouri, Mohamed El Hedi; Ben Youssef, Adel; M'henni, Hatem; Rault, Christophe

2012-01-01

This article extends the recent findings of , , and by implementing recent bootstrap panel unit root tests and cointegration techniques to investigate the relationship between carbon dioxide emissions, energy consumption, and real GDP for 12 Middle East and North African Countries (MENA) over the period 1981–2005. Our results show that in the long-run energy consumption has a positive significant impact on CO 2 emissions. More interestingly, we show that real GDP exhibits a quadratic relationship with CO 2 emissions for the region as a whole. However, although the estimated long-run coefficients of income and its square satisfy the EKC hypothesis in most studied countries, the turning points are very low in some cases and very high in other cases, hence providing poor evidence in support of the EKC hypothesis. CO 2 emission reductions per capita have been achieved in the MENA region, even while the region exhibited economic growth over the period 1981–2005. The econometric relationships derived in this paper suggest that future reductions in CO 2 emissions per capita might be achieved at the same time as GDP per capita in the MENA region continues to grow. - Highlights: ► We study the links between CO 2 emissions, energy consumption and GDP in MENA region. ► Energy consumption has a positive correlation with CO 2 emissions. ► GDP exhibits a quadratic relationship with CO 2 emissions for the region as a whole. ► However, the turning points are low in some cases and high in other cases. ► Thus, not all countries need to sacrifice economic growth to decrease CO 2 emissions.

Female ever-smoking, education, emancipation and economic development in 19 European countries

DEFF Research Database (Denmark)

Schaap, Maartje M; Kunst, Anton E; Leinsalu, Mall

2009-01-01

Large differences in ever-smoking rates among women are found between countries and socio-economic groups. This study examined the socio-economic inequalities in female ever-smoking rates in 19 European countries, and explored the association between cross-national differences in these inequalities...... of current and former smokers of the total survey population. A Relative Index of Inequality was estimated for women in the three age groups to measure the magnitude of educational differences. In regression analyses the association of ever-smoking rates of women age 25-39 years with the gross domestic...... product (GDP) and the Gender Empowerment Measure (GEM) was explored. Less educated women aged 25-39 years were more likely to have ever smoked than more educated women in all countries, except Portugal. In the age groups 40-59 years the educational pattern differed between countries. Women aged 60+ years...

Insurance market penetration and economic growth in Eurozone countries: Time series evidence on causality

Directory of Open Access Journals (Sweden)

Saurav Dash

2018-06-01

Full Text Available This paper examines the causal relationship between insurance market penetration and per capita economic growth in 19 Eurozone countries for the period 1980–2014. We use three different indicators of insurance market penetration (IMP, namely life insurance penetration, non-life insurance penetration, and total (both life and non-life insurance penetration. We particularly emphasize on whether Granger causality exists between these variables both ways, one way, or not at all. Our empirical results perceive both unidirectional and bidirectional causality between IMP and per capita economic growth. However, these results are mostly non-uniform across the Eurozone countries during this selected period. The policy implication is that the economic policies should recognize the differences in the insurance market and per capita economic growth in order to maintain sustainable growth in the Eurozone. Keywords: IMP, Per capita economic growth, Granger causality, Eurozone countries, JEL codes: L96, O32, O33, O43

Nuclear energy-economic growth nexus in OECD countries. A panel data analysis

International Nuclear Information System (INIS)

Ozcan, Burcu; Ari, Ayse

2016-01-01

The relationship between nuclear energy consumption and economic growth in 13 OECD countries from 1980 to 2012 is analyzed. The panel causality results supported the feedback hypothesis in both the short-run and long-run. There is a positive relationship between nuclear energy consumption and economic growth. As such, nuclear energy consumption and economic growth complement and reinforce each other. Nuclear energy conservation policies may negatively affect economic growth rates.

Trade Openness and its Effects on Economic Growth in selected Asian Countries

OpenAIRE

Ganbold, Delgermaa

2014-01-01

This bachelor thesis examines the effect of international trade on economic growth in China, Kazakhstan and Mongolia. The determinants of international trade and their impact on economic development are reviewed in the Theoretical background. Subsequently, the countries' major trading factors and trade strategies which contribute to their economic growth are also analysed in this thesis. The main aim - the quantification of relationship between international trade and economic growth is appli...

Nuclear energy-economic growth nexus in OECD countries. A panel data analysis

Energy Technology Data Exchange (ETDEWEB)

Ozcan, Burcu [Firat Univ., Elazig (Turkey). Dept. of Economics; Ari, Ayse [Nigde Univ. (Turkey). Dept. of Economics

2016-01-15

The relationship between nuclear energy consumption and economic growth in 13 OECD countries from 1980 to 2012 is analyzed. The panel causality results supported the feedback hypothesis in both the short-run and long-run. There is a positive relationship between nuclear energy consumption and economic growth. As such, nuclear energy consumption and economic growth complement and reinforce each other. Nuclear energy conservation policies may negatively affect economic growth rates.

THE IMPACT OF THE MANUFACTURING INDUSTRY ON THE ECONOMIC CYCLE OF EUROPEAN UNION COUNTRIES

Directory of Open Access Journals (Sweden)

Marcel Behun

2018-03-01

Full Text Available The manufacturing industry is a key sector in many national economies and is involved in creating sustainable economic growth. At the same time, it is a sector sensitive to internal and external impacts that result in fluctuations in the economic cycle, copying its development or even outstripping the development of economic cycles. The main objective of this contribution was to identify the relationship between manufacturing and GDP, which represents the economic cycle in European Union countries. The time series of selected indicators of the manufacturing industry and GDP from the Eurostat database for Q1 2000-Q4 2016 were used for analysis purposes. An analysis of 296 time series with a quarterly periodicity from 22 EU countries (including the United Kingdom was performed. The results of analyses indicate that the processing industry is a sector with significant cyclical behavior. In most countries, production and sales in the manufacturing industry behaved as concurrent indicators, changes in production and sales almost immediately reflected in the growth or decline in GDP. Labor market indicators have been shown to be delayed cyclical indicators. Changes in the economic development of the countries have a strong impact on employment, the remuneration of employees and the number of hours worked in the sector. Strong cyclical industries must be constantly monitored, as negative changes in these sectors will automatically exacerbate the economic cycle recession. The results of our analyses represent a valuable platform for economic policy makers and regional strategic plans.

THE IMPACT OF LOGISTICS INDUSTRY ON ECONOMIC GROWTH: AN APPLICATION IN OECD COUNTRIES

Directory of Open Access Journals (Sweden)

Sevgi Sezer

2017-02-01

Full Text Available The most significant elements that enable us to understand economic growth and development levels of nations are economic indicators of the country of interest. As much as these indicators have positive and high values, they affect the economic, social, psychological and cultural texture of the nation positively. These effects increase the culture, living and welfare levels of the individuals in the society. Logistics is one of the tools that play an important role in the change and improvement of economic indicators. Logistics industry provides significant macro contributions to national economy by creating employment, and creating national income and foreign investment influx. On the micro scale, logistics industry is a key industry in increasing the competitive power of corporations. Furthermore, the logistics industry has an important mission in revitalizing and improvement of the competitiveness of other industries. Today, all industries are dependent on logistics sector. The present study aimed to investigate how the logistics variables of transportation and communication affected economic growth in 34 OECD countries. The effect of both transportation industry variables and communication industry variables that form the logistics industry on the increase in per capita income in OECD countries was identified.

Effect of economic growth and environmental quality on tourism in Southeast Asian Countries

Science.gov (United States)

Firmansyah

2017-02-01

The tourism is an important sector in generating income for a country, nevertheless, tourism is sensitive toward the changes in economy, as well as changes in environmental quality. By employing econometric models of error correction on annual data, this study examines the influence of environmental quality, domestic and global economic growth on foreign tourist arrivals in selected Southeast Asian countries, namely Indonesia, Malaysia, Thailand, Philippines, and Singapore. The findings of this study showed that all of countries long run model were proved statistically, indicated that world economic growth as well as environmental quality affect foreign tourism arrivals.

DISSEMINATION OF SALMONELLA ENTERICA SEQUENCE TYPES AMONG ASEAN ECONOMIC COMMUNITY COUNTRIES.

Science.gov (United States)

Patchanee, Prapas; Boonkhot, Phacharaporn; Kittiwan, Nattinee; Tadee, Pakpoom; Chotinun, Suwit

2015-07-01

Food-borne illness caused by Salmonella enterica remains a public health problem and results in economic loss worldwide. With the up-coming establish- ment of the ASEAN Economic Community (AEC) allowing unrestricted move- ment of labor and goods, there is a higher risk of pathogen transmission among the AEC countries. This study characterized and investigated the spatial and temporal associations of S. enterica strains isolated in AEC countries during 1940- 2012 compared with those isolated in northern-Thailand during 2011-2013. Of the 173 S. enterica strains examined, 68 sequence types (STs) and 32 clonal complexes (CCs) were identified by multi loci sequence typing. Twenty-one strains belonged to four sequence types new to AEC countries, and they constituted only two CCs. A number of strains originated from various countries with multiple hosts, were highlighted. There was evidence of strains circulating in the AEC region well over a decade. Such information will be important in formulating biosecurity measures, as well as in educating regarding the risk of disease transmission in AEC.

Do Oil-Producing Countries Have Normal Oil Overconsumption? An Investigation of Economic Growth and Energy Subsidies

OpenAIRE

Seyed Reza Mirnezami

2015-01-01

The data shows that oil-producing countries have low oil retail prices and low economic growth compared with other countries. Considering that oil-producing countries experience high oil consumption and low economic growth, it is possible to argue that economic growth is not an appropriate justification for oil consumption and that the main cause for high oil consumption is the low retail price. In addition, it should be noted that the global environmental movement against increasing greenhou...

Do Oil-Producing Countries Have Normal Oil Overconsumption? An Investigation of Economic Growth and Energy Subsidies

Directory of Open Access Journals (Sweden)

Seyed Reza Mirnezami

2015-07-01

Full Text Available The data shows that oil-producing countries have low oil retail prices and low economic growth compared with other countries. Considering that oil-producing countries experience high oil consumption and low economic growth, it is possible to argue that economic growth is not an appropriate justification for oil consumption and that the main cause for high oil consumption is the low retail price. In addition, it should be noted that the global environmental movement against increasing greenhouse gas emissions—for example, the Kyoto 1998 agreement—seems to have had no effect on oil consumption in oil-producing countries.

The economic impact of poor sample quality in clinical chemistry laboratories: results from a global survey.

Science.gov (United States)

Erdal, Erik P; Mitra, Debanjali; Khangulov, Victor S; Church, Stephen; Plokhoy, Elizabeth

2017-03-01

Background Despite advances in clinical chemistry testing, poor blood sample quality continues to impact laboratory operations and the quality of results. While previous studies have identified the preanalytical causes of lower sample quality, few studies have examined the economic impact of poor sample quality on the laboratory. Specifically, the costs associated with workarounds related to fibrin and gel contaminants remain largely unexplored. Methods A quantitative survey of clinical chemistry laboratory stakeholders across 10 international regions, including countries in North America, Europe and Oceania, was conducted to examine current blood sample testing practices, sample quality issues and practices to remediate poor sample quality. Survey data were used to estimate costs incurred by laboratories to mitigate sample quality issues. Results Responses from 164 participants were included in the analysis, which was focused on three specific issues: fibrin strands, fibrin masses and gel globules. Fibrin strands were the most commonly reported issue, with an overall incidence rate of ∼3%. Further, 65% of respondents indicated that these issues contribute to analyzer probe clogging, and the majority of laboratories had visual inspection and manual remediation practices in place to address fibrin- and gel-related quality problems (55% and 70%, respectively). Probe maintenance/replacement, visual inspection and manual remediation were estimated to carry significant costs for the laboratories surveyed. Annual cost associated with lower sample quality and remediation related to fibrin and/or gel globules for an average US laboratory was estimated to be $100,247. Conclusions Measures to improve blood sample quality present an important step towards improved laboratory operations.

Influence Factors of the Economic Development Level Across European Countries

Directory of Open Access Journals (Sweden)

Diana Ioana POPA

2016-06-01

Full Text Available The economic development level of a country refers to the measure of the progress in an economy that could be measured, especially through GDP or GDP per capita. The level of these indicators can be influenced by many factors as a large scale, from social and economical to environmental and government policies factors. The paper aims to investigate some of these influence factors of the economic development level, represented in this case by GDP per capita, across European countries in the context of the most recently crisis, named the Great Recession (2008 and after, when the economies are starting to recover (2013. Using linear regression in R (lm function, the goal is to explain the relationship between the interest variable (GDP per capita and certain independent variables. It is expected that even tough the estimators are to be different – as level – in both cases studied, the relationship type between them to be the same. The goodness of fit for the models used will be made based on ANOVA.

Social Policy and Economic Development in the Nordic Countries

DEFF Research Database (Denmark)

Kangas, Olli; Palme, Joakim

between democratization and social policy, drawing attention to the role of the state and non-governmental organizations. Social Policy and Economic Development in Nordic Countries examines Nordic social policies on unemployment, social care, family, education and health care policies, and reviews future......This volume examines the relationship between Nordic social policy and economic development from a comparative perspective. It identifies the driving forces behind the development of the Nordic welfare model and the problems and dilemmas the model is facing at present. The book also traces the link...

The Impact of Some Economic Factors Affecting Groundwater Pollution in Both Developed and Developing Countries

Directory of Open Access Journals (Sweden)

H. Biabi

2016-03-01

Full Text Available Introduction: The role of economic factors in pollution and environmental degradation is one of the major Issues in economic and environmental studies that many researchers have addressed in their studies. One of the issues in the field of environment to which less attention has been paid is the effect of economic factors such as the openness of the economy on water resource pollution. In this paper we investigate the relation between water pollution and economic factors such as economic size, capital to labor ratio and economic openness in two groups of developed and developing countries with paned data method. In fact we investigate the two hypothesis of Environmental Kuznets curve and pollution havens in two groups of countries. To prevent the pollution of groundwater resources in the process of economic growth, policies must be coordinated by responsible organizations. Changing crop patterns and moving toward the production of organic products to reduce the use of polluting substances in the production of agricultural products is one of these solutions. Materials and Methods: In the present study, using panel data methods, the correlation between some independent economic factors such as per capita GDP, Squared per capita GDP that both indicate Scale effect and capital to labor index with Squared capital to labor index both indicating comparative advantage effect and openness of trade and some composite indices on dependent variables, groundwater pollution, in the two groups of countries both developed and developing countries has been investigated. For this purpose, using the biological oxygen demand index (BOD as an indicator of pollution of groundwater resources and sum of exports and imports divided by GDP as an indicator of economic openness and GDP per capita as an indicator of the economy in the period of 1995 to 2006, the Environmental Kuznets curve and pollution havens hypothesis have been tested. Results Discussion: The issue of

Status consumption and poverty in developing countries: Evidence and welfare effects

NARCIS (Netherlands)

Kempen, L.A.C.M. van

2009-01-01

This book investigates the scope, nature, and welfare effects of status consumption by the poor in developing countries, a phenomenon that is virtually unexplored in the development economics literature. It addresses questions such as: why do the poor buy status-intensive goods, while they suffer

Determinants of Financial Inclusion of Urban Poor in India: An Empirical Analysis

OpenAIRE

Bapat, Dhananjay; Bhattacharyay, Biswa Nath

2016-01-01

Financial inclusion is crucial for the inclusive and sustainable economic growth of developing countries. Access to financial services to all citizens, particularly to low income and poor people is a key to promote inclusive growth. While rural financial inclusion assumes importance from policy makers and academicians, urban financial inclusion needs urgent attention with rapidly increasing urbanization, unique requirements of urban population and increasing poor and low income population liv...

The Global Economic Crisis, Poverty and Education: A Perspective from India

Science.gov (United States)

Nambissan, Geetha B.

2010-01-01

Debates on the global economic recession have failed to draw adequate attention to the meaning of the crisis for the poor and their education, especially in later developing societies. In this paper, I focus on the education of children of the poor in India--a country that has experienced economic slowdown rather than recession. Available research…

Essays in Institutional Economics, with special focus on Muslim-majority countries

OpenAIRE

Gouda, Moamen

2014-01-01

This thesis is an attempt to gain a better understanding of how institutions, whether formal or informal, influence individual- and societal-level economic choices, especially in the Muslim-majority countries. It consists of six research papers that contribute to the economic analysis of institutions. The first paper, published in the Journal of World Intellectual Property in 2011, investigates the relationship between intellectua...

Is Tourism Development a Sustainable Economic Growth Strategy in the Long Run? Evidence from GCC Countries

Directory of Open Access Journals (Sweden)

Abdulkarim K. Alhowaish

2016-06-01

Full Text Available The main objective of this study is to investigate the causal relationship between tourism development and economic growth in Gulf Cooperation Council (GCC countries in a multivariate model, using panel data for the period 1995–2012. The study adopts a panel Granger causality analysis approach to assess the contribution of tourism to economic growth in GCC countries as a whole, and in each individual country. In the case of GCC countries as a whole, the results show a one-way Granger causality, from economic growth to tourism growth. Furthermore, Kuwait, Saudi Arabia, Qatar, and the United Arab Emirates follow the path of economy-driven tourism growth, as hypothesized. The reverse hypothesis (i.e., tourism-led growth hypothesis holds true for Bahrain, while there is no causal relationship between tourism and economic growth in the case of Oman.

Where Do Poor Women in Developing Countries Give Birth? A Multi-Country Analysis of Demographic and Health Survey Data

OpenAIRE

Montagu, Dominic; Yamey, Gavin; Visconti, Adam; Harding, April; Yoong, Joanne

2011-01-01

Background In 2008, over 300,000 women died during pregnancy or childbirth, mostly in poor countries. While there are proven interventions to make childbirth safer, there is uncertainty about the best way to deliver these at large scale. In particular, there is currently a debate about whether maternal deaths are more likely to be prevented by delivering effective interventions through scaled up facilities or via community-based services. To inform this debate, we examined delivery location a...

Satisfaction with Life Amongst the Urban Poor: Empirical Results from South Africa

Directory of Open Access Journals (Sweden)

Chengedzai Mafini

2016-10-01

Full Text Available Satisfaction with life is a dynamic factor which merits ongoing research takes into consideration all contextual influences. This study assessed the influence of four economic factors, namely employment status, rural/urban residence, public service delivery and poverty on satisfaction with life amongst the urban poor in South Africa. Although satisfaction with life is a well-research concept in most environments, no consensus exists on the results, which prompts the need for continuous research. A survey design was adopted involving 402 purposively selected residents of Sebokeng Township in Gauteng Province. Regression analysis revealed that employment status, public service delivery and poverty significantly predicted satisfaction with life. Residing in the rural areas was statistically insignificant. The study provides current insights on the association between economic factors and satisfaction with life amongst poor people in urban societies. The study may be used by governments in developing countries to develop policies for improving the socio-economic well-being of poor societies.

Financial Development and Economic Growth: The Role of Foreign-Owned Banks in CESEE Countries

Directory of Open Access Journals (Sweden)

Paola Bongini

2017-03-01

Full Text Available This study focuses on the role of financial development in the economic growth of Central, Eastern and South-Eastern European (CESEE countries in the post-communist era (1995–2014, which coincides with the opening up of financial markets to foreign investors and the global financial crisis. We investigate whether economic growth in CESEE countries has benefited from the presence of foreign-owned banks. To this end, we introduce some refined measures of financial development and control for banks’ financial strength. Our results challenge the idea that bank credit fosters economic growth and that foreign-owned banks are indisputably a positive addition to local markets able to foster economic growth.

Economics of Renewable Energy for Water Desalination in Developing Countries

Directory of Open Access Journals (Sweden)

Enas R. Shouman

2015-12-01

Full Text Available The aim of this study is to investigate the economics of renewable energy- powered desalination, as applied to water supply for remote coastal and desert communities in developing countries. In this paper, the issue of integration of desalination technologies and renewable energy from specified sources is addressed. The features of Photovoltaic (PV system combined with reverse osmosis desalination technology, which represents the most commonly applied integration between renewable energy and desalination technology, are analyzed. Further, a case study for conceptual seawater reverse osmosis (SW-RO desalination plant with 1000 m3 /d capacity is presented, based on PV and conventional generators powered with fossil fuel to be installed in a remote coastal area in Egypt, as a typical developing country. The estimated water cost for desalination with PV/ SW-RO system is about $1.25 m3 , while ranging between $1.22-1.59 for SW-RO powered with conventional generator powered with fossil fuel. Analysis of the economical, technical and environmental factors depicts the merits of using large scale integrated PV/RO system as an economically feasible water supply relying upon a renewable energy source.

Unemployment and health selection in diverging economic conditions: Compositional changes? Evidence from 28 European countries.

Science.gov (United States)

Heggebø, Kristian; Dahl, Espen

2015-11-04

Unemployment and health selection in diverging economic conditions: Compositional changes? Evidence from 28 european countries. People with ill health tend to be overrepresented among the unemployment population. The relationship between health and unemployment might, however, be sensitive to the overall economic condition. Specifically, the health composition of the unemployment population could change dramatically when the economy takes a turn for the worse. Using EU-SILC cross sectional data from 2007 (pre-crisis) and 2011 (during crisis) and linear regression models, this paper investigates the relationship between health and unemployment probabilities under differing economic conditions in 28 European countries. The countries are classified according to (i) the level of and (ii) increase in unemployment rate (i.e. >10 percent and doubling of unemployment rate = crisis country). Firstly, the unemployment likelihood for people with ill health is remarkably stable over time in Europe: the coefficients are very similar in pre-crisis and crisis years. Secondly, people with ill health have experienced unemployment to a lesser extent than those with good health status in the crisis year (when we pool the data and compare 2007 and 2011), but only in the countries with a high and rising unemployment rate. The health composition of the unemployment population changes significantly for the better, but only in those European countries that have been severely hit by the current economic crisis.

The Key Driving Forces for Geo-Economic Relationships between China and ASEAN Countries

Directory of Open Access Journals (Sweden)

Shufang Wang

2017-12-01

Full Text Available With the rise of China and the implementation of the “21st Century Maritime Silk Road” strategy, research on geo-economics between China and ASEAN (Association of Southeast Asian Nations countries has become increasingly important. Current studies mainly focus on influencing factors, while there is little consideration about how these influencing factors act on geo-economic relationships. Therefore, this paper explores the key driving forces for geo-economic relationships between China and ASEAN countries by use of the structural equation modeling based on Partial Lease Squares. There are three main findings: (1 Economic factors have the greatest impact on geo-economic relationships and the total path effect is 0.778. Geo-location, geopolitics and geo-culture act on geo-economic relationships directly and indirectly. Their total path effects are 0.731, 0.645 and 0.513, respectively. (2 Indirect effects of geo-location, geopolitics and geo-culture impacting geo-economic relationships are far greater than direct effects. Geo-culture, in particular, has a vital mediating effect on geo-economic relationships. (3 Economic drivers promote geo-economic relationships through market, industrial policy, technical, network and benefit-sharing mechanisms. Political drivers improve geo-economic relationships through cooperation, negotiation, coordination and institutional mechanisms. Cultural drivers enhance geo-economic relationships through transmission mechanism. Location drivers facilitate geo-economic relationships through selection mechanism. We provide new insights on the geo-economic relationships through quantitative analysis and enrich the existing literature by revealing the key driving forces and mechanisms for geo-economic relationships.

The economic cost of low domestic product prices in OPEC Member Countries

International Nuclear Information System (INIS)

Guerer, N.; Ban, J.

2000-01-01

The present state of subsidies on major oil products (gasoline, kerosene, diesel and fuel oil) in OPEC Member Countries is analysed, in order to quantify their economic cost, keeping in mind the importance of reforming or gradually removing subsidies as one of the crucial economic challenges facing many Member Countries. The paper begins with a general definition and description of subsidies, then discusses briefly the key issues in reforming/removing them, with the potential benefits. Following a section on subsidy level estimations in recent years, the subsidy implications in terms of the accruing budget burden and foregone revenues from additional export potential are presented. This is together with some arguments supporting the process of adjustment towards internationally competitive prices for oil products as an inescapable development for Member Countries; this should progress in gradual, but firm steps. (author)

Sickness and death : Economic consequences and coping strategies of the urban poor in Bangladesh

NARCIS (Netherlands)

F.U. Khan (Farid U.); Arjun S. Bedi; R.A. Sparrow (Robert)

2014-01-01

textabstractThis paper investigates the economic consequences of sickness and death and the manner in which poor urban households in Bangladesh respond to such events. Based on longitudinal data we assess the effects of morbidity and mortality episodes on household income, medical spending, labour

Nuclear energy consumption and economic growth in nine developed countries

International Nuclear Information System (INIS)

Wolde-Rufael, Yemane; Menyah, Kojo

2010-01-01

This article attempts to test the causal relationship between nuclear energy consumption and real GDP for nine developed countries for the period 1971-2005 by including capital and labour as additional variables. Using a modified version of the Granger causality test developed by Toda and Yamamoto (1995), we found a unidirectional causality running from nuclear energy consumption to economic growth in Japan, Netherlands and Switzerland; the opposite uni-directional causality running from economic growth to nuclear energy consumption in Canada and Sweden; and a bi-directional causality running between economic growth and nuclear energy consumption in France, Spain, the United Kingdom and the United States. In Spain, the United Kingdom and the USA, increases in nuclear energy consumption caused increases in economic growth implying that conservation measures taken that reduce nuclear energy consumption may negatively affect economic growth. In France, Japan, Netherlands and Switzerland increases in nuclear energy consumption caused decreases in economic growth, suggesting that energy conservation measure taken that reduce nuclear energy consumption may help to mitigate the adverse effects of nuclear energy consumption on economic growth. In Canada and Sweden energy conservation measures affecting nuclear energy consumption may not harm economic growth.

Climate volatility deepens poverty vulnerability in developing countries

Science.gov (United States)

Ahmed, Syud A.; Diffenbaugh, Noah S.; Hertel, Thomas W.

2009-07-01

Extreme climate events could influence poverty by affecting agricultural productivity and raising prices of staple foods that are important to poor households in developing countries. With the frequency and intensity of extreme climate events predicted to change in the future, informed policy design and analysis requires an understanding of which countries and groups are going to be most vulnerable to increasing poverty. Using a novel economic-climate analysis framework, we assess the poverty impacts of climate volatility for seven socio-economic groups in 16 developing countries. We find that extremes under present climate volatility increase poverty across our developing country sample—particularly in Bangladesh, Mexico, Indonesia, and Africa—with urban wage earners the most vulnerable group. We also find that global warming exacerbates poverty vulnerability in many nations.

Climate volatility deepens poverty vulnerability in developing countries

International Nuclear Information System (INIS)

Ahmed, Syud A; Diffenbaugh, Noah S; Hertel, Thomas W

2009-01-01

Extreme climate events could influence poverty by affecting agricultural productivity and raising prices of staple foods that are important to poor households in developing countries. With the frequency and intensity of extreme climate events predicted to change in the future, informed policy design and analysis requires an understanding of which countries and groups are going to be most vulnerable to increasing poverty. Using a novel economic-climate analysis framework, we assess the poverty impacts of climate volatility for seven socio-economic groups in 16 developing countries. We find that extremes under present climate volatility increase poverty across our developing country sample-particularly in Bangladesh, Mexico, Indonesia, and Africa-with urban wage earners the most vulnerable group. We also find that global warming exacerbates poverty vulnerability in many nations.

The economics of environmental policy in Poland: implications for countries in transition

International Nuclear Information System (INIS)

Livingston, M.L.; Bochniarz, Z.; Bolan, R.

1995-01-01

The objective of this article is to generate insights into the problems and opportunities faced by countries in transition in implementing environmental policy based on the recent experience of Poland. There is much to be learned from the experience of the country that arguably took the riskiest and boldest path of environmental and economic institutional change. The experience of Poland can be enlightening in terms of the problems and opportunities in establishing an institutional framework that can validate the long term legitimacy of sustainable development as a national goal. From the unique set of circumstances facing Poland, lessons can be derived for other countries in transition. The paper begins by introducing the basic welfare economics of institutional choice. The theoretical arguments are presented in terms general to institutional design and specific to environmental policy. Subsequently, the recent experience of Poland in terms of the problems faced and key environmental policy innovations are documented. The concluding section presents policy implications that can be drawn from the Polish experience and speculates about their applicability to other countries in transition. 28 refs., 5 figs., 8 tabs

Peculiarities of Future Finance and Economics Specialists' Training in Western European Countries and Ukraine

Science.gov (United States)

Homoniuk, Olena; Pokudina, Larysa

2016-01-01

The article touches on the peculiarities of future finance and economics specialists' training in educational establishments of Western Europe and Ukraine. The problem of higher economic education has been considered. The experience of higher economic education organization in developed European countries has been generalized. The peculiarities of…

Beyond Economic Interests: Attitudes Toward Foreign Workers in Australia, the United States and East Asian Countries

OpenAIRE

Ming-Chang Tsai; Rueyling Tzeng

2014-01-01

We compare attitudes toward foreign workers between two wealthy Western and four developing East Asian countries, using data from the 2006 and 2008 Asian Barometer surveys to test hypotheses on economic interests, cultural supremacy, and global exposure. Respondent majorities in all six countries expressed high levels of restrictivism. Regression model results indicate a consistent cultural superiority influence across the six countries, but only minor effects from economic interest factors. ...

Does ICT Participate in Economic Convergence among Asian Countries: Evidence from Dynamic Panel Data Model

Directory of Open Access Journals (Sweden)

Bilal MEHMOOD

2013-01-01

Full Text Available Conventional Convergence models usually oversee the role of information and communications technology (ICT as a determinant of convergence. This paper introduces ICT as a factor contributing towards economic convergence in Asian countries. In addition to ICT, other factors like demographic traits, level of human development and electricity consumption are used as regressors. System GMM technique is used to estimate convergence regression for se-lected Asian countries for data of time span 2001-2010. Support for ICT-augmented conver-gence is found, implying that ICT has the tendency to participate in convergence process. Suitable demographic features, human development and electricity consumption are also found to contribute to economic convergence in the sample countries of Asia. Findings of this paper indicate the need to complement the favorable demographic endowments in Asian economies with economically productive usage of ICT to proceed towards economic convergence in Asian Region.

Energy consumption and economic growth relationship: Evidence from panel data for low and middle income countries

International Nuclear Information System (INIS)

Ozturk, Ilhan; Aslan, Alper; Kalyoncu, Huseyin

2010-01-01

This paper uses the panel data of energy consumption (EC) and economic growth (GDP) for 51 countries from 1971 to 2005. These countries are divided into three groups: low income group, lower middle income group and upper middle income group countries. Firstly, a relationship between energy consumption and economic growth is investigated by employing panel cointegration method. Secondly, panel causality test is applied to investigate the way of causality between the energy consumption and economic growth. Finally, we test whether there is a strong or weak relationship between these variables by using method. The empirical results of this study are as follows: i) Energy consumption and GDP are cointegrated for all three income group countries. ii) The panel causality test results reveal that there is long-run Granger causality running from GDP to EC for low income countries and there is bidirectional causality between EC and GDP for middle income countries. iii) The estimated cointegration factor, β, is not close to 1. In other words, no strong relation is found between energy consumption and economic growth for all income groups considered in this study. The findings of this study have important policy implications and it shows that this issue still deserves further attention in future research.

Income-rich and wealth-poor? The impact of measures of socio-economic status in the analysis of the distribution of long-term care use among older people.

Science.gov (United States)

Rodrigues, Ricardo; Ilinca, Stefania; Schmidt, Andrea E

2018-03-01

This article aims to investigate the impact of using 2 measures of socio-economic status on the analysis of how informal care and home care use are distributed among older people living in the community. Using data from the Survey of Health, Ageing and Retirement in Europe for 14 European countries, we estimate differences in corrected concentration indices for use of informal care and home care, using equivalised household net income and equivalised net worth (as a proxy for wealth). We also calculate horizontal inequity indices using both measures of socio-economic status and accounting for differences in need. The findings show that using wealth as a ranking variable results, as a rule, in a less pro-poor inequality of use for both informal and home care. Once differences in need are controlled for (horizontal inequity), wealth still results in a less pro-poor distribution for informal care, in comparison with income, whereas the opposite is observed for home care. Possible explanations for these differences and research and policy implications are discussed. Copyright © 2017 John Wiley & Sons, Ltd.

Honesty, trust and economic growth - A cross-cultural comparison of western industrialized countries

NARCIS (Netherlands)

Fetchenhauer, D; van der Vegt, G

This article investigates cross-country differences in economic growth rates from a psychological perspective. Based on social capital theory it is argued that 1) financial honesty and trust are positively correlated with each other when they are aggregated on a country level and that 2) a high

Where do poor women in developing countries give birth? A multi-country analysis of demographic and health survey data.

Science.gov (United States)

Montagu, Dominic; Yamey, Gavin; Visconti, Adam; Harding, April; Yoong, Joanne

2011-02-28

In 2008, over 300,000 women died during pregnancy or childbirth, mostly in poor countries. While there are proven interventions to make childbirth safer, there is uncertainty about the best way to deliver these at large scale. In particular, there is currently a debate about whether maternal deaths are more likely to be prevented by delivering effective interventions through scaled up facilities or via community-based services. To inform this debate, we examined delivery location and attendance and the reasons women report for giving birth at home. We conducted a secondary analysis of maternal delivery data from Demographic and Health Surveys in 48 developing countries from 2003 to the present. We stratified reported delivery locations by wealth quintile for each country and created weighted regional summaries. For sub-Saharan Africa (SSA), where death rates are highest, we conducted a subsample analysis of motivations for giving birth at home. In SSA, South Asia, and Southeast Asia, more than 70% of all births in the lowest two wealth quintiles occurred at home. In SSA, 54.1% of the richest women reported using public facilities compared with only 17.7% of the poorest women. Among home births in SSA, 56% in the poorest quintile were unattended while 41% were attended by a traditional birth attendant (TBA); 40% in the wealthiest quintile were unattended, while 33% were attended by a TBA. Seven per cent of the poorest women reported cost as a reason for not delivering in a facility, while 27% reported lack of access as a reason. The most common reason given by both the poorest and richest women for not delivering in a facility was that it was deemed "not necessary" by a household decision maker. Among the poorest women, "not necessary" was given as a reason by 68% of women whose births were unattended and by 66% of women whose births were attended. In developing countries, most poor women deliver at home. This suggests that, at least in the near term, efforts to

Where do poor women in developing countries give birth? A multi-country analysis of demographic and health survey data.

Directory of Open Access Journals (Sweden)

Dominic Montagu

2011-02-01

Full Text Available In 2008, over 300,000 women died during pregnancy or childbirth, mostly in poor countries. While there are proven interventions to make childbirth safer, there is uncertainty about the best way to deliver these at large scale. In particular, there is currently a debate about whether maternal deaths are more likely to be prevented by delivering effective interventions through scaled up facilities or via community-based services. To inform this debate, we examined delivery location and attendance and the reasons women report for giving birth at home.We conducted a secondary analysis of maternal delivery data from Demographic and Health Surveys in 48 developing countries from 2003 to the present. We stratified reported delivery locations by wealth quintile for each country and created weighted regional summaries. For sub-Saharan Africa (SSA, where death rates are highest, we conducted a subsample analysis of motivations for giving birth at home. In SSA, South Asia, and Southeast Asia, more than 70% of all births in the lowest two wealth quintiles occurred at home. In SSA, 54.1% of the richest women reported using public facilities compared with only 17.7% of the poorest women. Among home births in SSA, 56% in the poorest quintile were unattended while 41% were attended by a traditional birth attendant (TBA; 40% in the wealthiest quintile were unattended, while 33% were attended by a TBA. Seven per cent of the poorest women reported cost as a reason for not delivering in a facility, while 27% reported lack of access as a reason. The most common reason given by both the poorest and richest women for not delivering in a facility was that it was deemed "not necessary" by a household decision maker. Among the poorest women, "not necessary" was given as a reason by 68% of women whose births were unattended and by 66% of women whose births were attended.In developing countries, most poor women deliver at home. This suggests that, at least in the near term

Where Do Poor Women in Developing Countries Give Birth? A Multi-Country Analysis of Demographic and Health Survey Data

Science.gov (United States)

Montagu, Dominic; Yamey, Gavin; Visconti, Adam; Harding, April; Yoong, Joanne

2011-01-01

Background In 2008, over 300,000 women died during pregnancy or childbirth, mostly in poor countries. While there are proven interventions to make childbirth safer, there is uncertainty about the best way to deliver these at large scale. In particular, there is currently a debate about whether maternal deaths are more likely to be prevented by delivering effective interventions through scaled up facilities or via community-based services. To inform this debate, we examined delivery location and attendance and the reasons women report for giving birth at home. Methodology/Principal Findings We conducted a secondary analysis of maternal delivery data from Demographic and Health Surveys in 48 developing countries from 2003 to the present. We stratified reported delivery locations by wealth quintile for each country and created weighted regional summaries. For sub-Saharan Africa (SSA), where death rates are highest, we conducted a subsample analysis of motivations for giving birth at home. In SSA, South Asia, and Southeast Asia, more than 70% of all births in the lowest two wealth quintiles occurred at home. In SSA, 54.1% of the richest women reported using public facilities compared with only 17.7% of the poorest women. Among home births in SSA, 56% in the poorest quintile were unattended while 41% were attended by a traditional birth attendant (TBA); 40% in the wealthiest quintile were unattended, while 33% were attended by a TBA. Seven per cent of the poorest women reported cost as a reason for not delivering in a facility, while 27% reported lack of access as a reason. The most common reason given by both the poorest and richest women for not delivering in a facility was that it was deemed “not necessary” by a household decision maker. Among the poorest women, “not necessary” was given as a reason by 68% of women whose births were unattended and by 66% of women whose births were attended. Conclusions In developing countries, most poor women deliver at home

A short note on economic development and socioeconomic inequality in female body weight.

Science.gov (United States)

Deuchert, Eva; Cabus, Sofie; Tafreschi, Darjusch

2014-07-01

The origin of the obesity epidemic in developing countries is still poorly understood. It has been prominently argued that economic development provides a natural interpretation of the growth in obesity. This paper tests the main aggregated predictions of the theoretical framework to analyze obesity. Average body weight and health inequality should be associated with economic development. Both hypotheses are confirmed: we find higher average female body weight in economically more advanced countries. In relatively nondeveloped countries, obesity is a phenomenon of the socioeconomic elite. With economic development, obesity shifts toward individuals with lower socioeconomic status. Copyright © 2013 John Wiley & Sons, Ltd.

Investment in Education and Economic Growth in Nigeria: 1981 ...

African Journals Online (AJOL)

PROF. O. E. OSUAGWU

2013-12-01

Dec 1, 2013 ... Keywords: Education, Government Investments, Economic growth, Health, Government ..... poor countries, using agricultural output as .... expectancy takes into account mortality, but .... (Akaike Information Criterion) and SBC.

Breaking the Back of Economic and Financial (Il)Literacy in South Africa: A Critical Reflection of the Role of Economic Education

Science.gov (United States)

Maistry, S. M.

2010-01-01

South African society is characterized by high levels of poverty and unemployment. South Africa has an embarrassingly uneven distribution of income as reflected by the Gini-coefficient. While much of the country's economic ailments can be attributed to poor and selective application of economic policies during the apartheid era, there is a growing…

Fostering Women's Economic Empowerment through Special Economic Zones : Comparative Analysis of Eight Countries and Implications for Governments, Zone Authorities and Businesses

OpenAIRE

World Bank; International Finance Corporation

2011-01-01

This global report examines the opportunity for special economic zones to promote women's economic empowerment and boost zone and enterprise competitiveness in developing countries. The research covers Bangladesh, China, Costa Rica, Egypt, El Salvador, Jordan, Kenya, and the Philippines. The study focuses on women's economic empowerment in the context of zones at three levels: (i) fair emp...

Characteristics of economic life in the Olt Country from Middle Ages to early XXth Century. Elements of economic sociology

Directory of Open Access Journals (Sweden)

Gheorghe ROŞCULEŢ

2012-01-01

Full Text Available The Olt Country is a Romanian area of noble origins, a blessed preserver of some rich and ancient cultural traditions, but also of a particular economic development. The dominant characteristic of the economic life, from the Middle Ages to the early decades of the XXth century is the autarchical peasant household, based on family production.

Migrants Remittances, Official Development Aid and Economic Growth in the Developing Countries

Czech Academy of Sciences Publication Activity Database

Stojanov, Robert; Strielkowski, Wadim; Kowalska, K.

2013-01-01

Roč. 73, č. 1 (2013), s. 155-170 ISSN 0013-3205 R&D Projects: GA MŠk(CZ) ED1.1.00/02.0073; GA MŠk(CZ) EE2.4.31.0056 Institutional support: RVO:67179843 Keywords : International economics * remittances flows * Official Development Assistance * developing countries * international migration Subject RIV: AH - Economics Impact factor: 0.141, year: 2011

Environmental and resource economics in South Africa: status quo and lessons for developing countries

CSIR Research Space (South Africa)

Nahman, Anton

2009-09-01

Full Text Available The paper reviews the potential contributions of environmental and resource economics (ERE) to the achievement of sustainable development in developing countries and highlights the limitations associated with applying ERE within a developing country...

ECONOMIC GROWTH AND IMPACT FACTORS IN COUNTRIES OF CENTRAL AND EASTERN EUROPE

Directory of Open Access Journals (Sweden)

Bogdan Florin FILIP

2015-07-01

Full Text Available This paper starts from the premise that the performance of the economies of different countries, respectively their economic growth, is sinthtically expressed by the GDP growth indicator, whose dynamics evolves under the impact of a variety of determining factors, including some of financial-monetary nature. Thus, there are highlighted specific causal linkages and influences of economic and financial factors represented by certain indicators (inflation, unemployment, exports as percentage of GDP, imports as percentage of GDP, domestic credit as percentage of GDP, non-performing loans rate to GDP growth rate, by using econometric methods. Much of the paper is focused on on shaping an econometric model in which GDP growth rate is dependent variable and the other mentioned indicators are impact factors, respectively determinant variables. Along the mentioned determining factors, in our model is evaluated also the impact of the manifestation of the recent financial crisis, considering it as an additional determinant dummy variable. By processing the data for a group of countries of Central and Eastern Europe over the period 2000-2013, there result findings on the impact of each of the determining factors on the economic growth in the countries concerned and are formulated the appropriate assessments and conclusions.

The Impact of Tourism on Economic Growth in the Western Balkan Countries: An Empirical Analysis

Directory of Open Access Journals (Sweden)

Prof. Dr Nasir Selimi

2017-06-01

Full Text Available Purpose: The purpose of this research paper is to empirically analyse the effects of tourism on economic growth in Western Balkan countries (Albania, Bosnia and Herzegovina, Croatia, FYROM, Montenegro and Serbia. Design/Methodology/Approach: The empirical analysis consists of 17-year panel data of 6 countries over the period 1998 to 2014. Several models are analysed using the panel regression econometric techniques. The study investigates the random and fixed effects, as well as individual heterogeneity across those countries. Also, the Hausman Taylor IV estimator is used as the most appropriate model for this analysis. The real income per capita of the sample countries is modelled as dependent on the lagged income per capita, tourist arrivals, tourism receipts, FDI stock, exports and government expenditures. Findings: The estimation results in all types of models, and indicate that tourism has a positive and significant impact on economic growth in the Western Balkan countries. The Hausman Taylor IV model suggests that for every 1% increase of tourist arrivals, the output will increase approximately by 0.08%. Research limitations/implications: Although the Hausman Taylor IV model performs well, the results should be interpreted with caution. The analysis has its limitations; firstly, the total number of observations is relatively small for a panel regression analysis; secondly, the problem of endogenity is not completely avoided. However, the study implies that these countries should enhance efforts for joint tourism sector policies to engender economic sustainability. Originality/Value: To our best knowledge, this is the first attempt of estimating the effects of tourism on economic growth in the Western Balkan countries using the Hausman Taylor IV model.

HARMONIZATION OF TAX SYSTEMS IN THE EAEU COUNTRIES IN THE CONDITIONS OF DEEPENING ECONOMIC INTEGRATION

Directory of Open Access Journals (Sweden)

Aleksandr V. Ishkhanov

2018-03-01

Full Text Available The present article analyzes the viewpoints of scientists of different economic directions on the possibility and expediency of tax policy coordination in the countries-participants of economic and monetary associations. The authors assess the role of tax instruments in the regional integration associations, study the differences in the tax systems of the countries of the Eurasian Economic Union, which restrain the integration processes within the union. The influence of the fiscal policy of the EAEU member countries on the state of their economies is studied. The authors of the article believe that, in the context of deepening integration in the EAEU, the deliberate distribution of powers in the field of tax regulation between state and supranational authorities ensuring a consistent approximation of tax systems of the participating countries taking into account the economic situation and interests of all members of the association, gains particular relevance. The measures on ensuring the elimination of double taxation within the union are proposed. The authors come to the conclusion that it is necessary to harmonize the tax policies of the member countries of the association. At the same time, the harmonization of taxation in the countries of the union should become a condition, the observance of which is necessary for the formation of a currency zone in the territory of the Unified Energy System. The article presents a set of measures aimed at ensuring equal conditions for taxing business in the EAEU. Particular attention is paid to the study of the possibility of expanding the revenues and expenditures of the unified budget of the EAEU with a view to providing financial support to projects aimed at accelerating the processes of economic and monetary integration. The authors consider it expedient to redistribute part of the national income of the participating countries to the depressed regions of the association, provided that these measures

The Philippine economic mystery

OpenAIRE

Robert H. Nelson

2007-01-01

The poor economic performance of the Philippines over the long term is a puzzle and an apparent anomaly for the region. The decline in the Philippines' global position from the first part of the 20th century is particularly striking when viewed against the backrdrop of rapid income gains in countries of East and Southeast Asia, countries the Philippines used to surpass in terms of physical and human capital. While there have been a number of attempts to explain the puzzle—difficult geography,...

The clinical and economic burden of poor adherence and persistence with osteoporosis medications in ireland.

LENUS (Irish Health Repository)

Hiligsmann, Mickaël

2012-07-01

Medication nonadherence is common for osteoporosis, but its consequences have not been well described. This study aimed to quantify the clinical and economic impacts of poor adherence and to evaluate the potential cost-effectiveness of improving patient adherence by using hypothetical behavioral interventions.

Socio-economic determinants of suicide: an ecological analysis of 35 countries.

Science.gov (United States)

Milner, Allison; McClure, Rod; De Leo, Diego

2012-01-01

A long tradition of research has shown a relationship between suicide rates and socio-economic factors. However, most investigations have neglected to account for country-specific influences. The purpose of this study was to clarify the association between socio-economic variables and gender-specific suicide rates in 35 countries, using analytic techniques able to control for effects embedded within different country contexts. Data relating to male and female age-standardised suicide rates (obtained from the WHO Statistical Information System) were analysed using fixed-effect regression. The possible associations between suicide rates and social variables were tested using data for 35 countries over the period 1980-2006. Findings indicated that higher male and female suicide rates were associated with increased female labour force participation, unemployment, and the proportion of persons over 65 years. Reductions in male and female suicide rates were associated with increased health spending per capita. The study also revealed that higher fertility was associated with a reduction in male suicide. Female labour force participation had a stronger effect on male suicide rates. The results of this study suggest that variables related to the labour market and the economy were better explanatory factors of suicide rates than population-level indicators of interpersonal relationships. Although results were generally similar for males and females, males appeared to be more sensitive to changes in the social environment than women.

Decoupling Economic Growth From Carbon Dioxide Emissions in the EU Countries

Directory of Open Access Journals (Sweden)

Mariola Piłatowska

2018-03-01

Full Text Available This paper aims to look at the long-run equilibrium relationship between CO2 emissions and economic growth (the EKC hypothesis in an asymmetric framework using the non-linear threshold cointegration. In order to avoid the problem of omitted variables bias, the dynamic relationship between pollutant emissions, economic development and energy consumption are also examined (the extended EKC model. The research hypothesis is that the economic growth decouples from CO2 emissions growth, i.e. the EKC hypothesis holds. The empirical study is carried out for the European Union countries (EU-14 divided into three groups depending on a category of knowledge-advanced economies in order to explain the differences in the dynamic linkage between CO2 emissions and economic growth, as well as in the energy consumption impact on this cointegrating relationship. We have found that the EKC hypothesis is valid for the most high-level and some middle-level knowledge advanced economies. The addition of energy consumption to the standard EKC model has improved the results in terms of the presence of linear or threshold cointegration for all low-level knowledge based economies. Moreover, the causality pattern between CO2 emissions and income has changed after energy consumption adding to the EKC model and some similarities are found in the countries belonging to the same category of knowledge-advanced economies

Globalization of food and agriculture and the poor:

OpenAIRE

von Braun, Joachim; Díaz-Bonilla, Eugenio

2008-01-01

The economic impact of globalization, particularly on poverty, and the changes in agri-food markets have received much attention in recent years. However, the intersection of these two trends has been neglected. The present volume fills this gap by focusing on the way globalization of agri-food systems affects the world's poor and its impact on food and nutrition security in developing countries. Rather than offering a single policy prescription or simplistic messages about globalization bein...

WHAT CAN TANZANIA'S HEALTH CARE SYSTEM LEARN FROM OECD COUNTRIES?

OpenAIRE

Kajuna, Dezidery Theobard

2014-01-01

Abstract Healthcare systems around the world have different shapes that are largely affected by socio-economic and political situations of a particular country. It is essential for the population to have better health services which requires the country to have better health policies, enough funding for health care sector, and a well structured delivery system. Tanzania like any other developing countries continue to face different challenges in healthcare sector greatly influenced by poor ec...

Quality, Export and Economic Growth

DEFF Research Database (Denmark)

Madsen, Erik Strøjer; Pedersen, Kurt

1998-01-01

in an international context. The paper, therefore, addresses the complicated interactions between economic growth, export performance and quality. The contribution of the paper, compared to other growth accounting research, is the inclusion of quality data, quality being a significant mirror of technological...... development. The countries covered by the research represent a wide variation in terms of economic development, from poor LDC's to the most developed industrial nations. The empirical results reveal a probable strong relationship between quality/price and export growth as well as economic growth. This new...

Issues of health economics in the practice of radiotherapy in developing countries

International Nuclear Information System (INIS)

Levin, C.V.

2002-01-01

There has been a rapid expansion of radiation oncology services in developing countries over the past decade. The question arises of how far, how fast and which technology should be introduced and expanded and yet remain sustainable. The problem can be reduced to a simple issue of an increasing number of cancer cases (refer S. Whelan), hence increasing demand for radiotherapy in less-developed countries while the current resources for treatment are at present concentrated in well-developed countries. By 2015 there will be a shortfall of 10,000 teletherapy machines for providing radiotherapy. Micro- and macro-economic aspects that affect development of radiotherapy in developing countries are discussed

Principle of pro-poor tourism: Analysis of the positive and negative aspects

Directory of Open Access Journals (Sweden)

Škrbić Iva

2014-01-01

Full Text Available Reducing poverty is one of the primary activities that must be implemented by developed countries and developing countries alike. Seeing as tourism has a major impact on the global and local economy through the implementation of the objectives of poverty reduction, the pro-poor tourism strategy must be included in the agenda of tourism development. The aim of the pro-poor strategy is to increase the economic and socio-cultural benefits for the local population. The theoretical frame for the creation of these strategies is almost inexistent, but a number of small initiatives is what indicates the further course of activities. Criticisms of the strategy of pro-poor tourism and problems occurring in practice should not be ignored, because the identification of these problems is the first step toward solving them and improving the existing strategies. Therefore, this paper aims to point out the advantages and disadvantages of applying the principle of pro-poor tourism. The subject of the paper is the identification of the key determinants of pro-poor tourism strategies and the requirements for the investors, tourists and local people to reap the benefits of pro-poor tourism.

Nuclear energy consumption and economic growth in OECD countries: Cross-sectionally dependent heterogeneous panel causality analysis

International Nuclear Information System (INIS)

Nazlioglu, Saban; Lebe, Fuat; Kayhan, Selim

2011-01-01

The purpose of this study is to determine the direction causality between nuclear energy consumption and economic growth in OECD countries. The empirical model that includes capital and labor force as the control variables is estimated for the panel of fourteen OECD countries during the period 1980-2007. Apart from the previous studies in the nuclear energy consumption and economic growth relationship, this study utilizes the novel panel causality approach, which allows both cross-sectional dependency and heterogeneity across countries. The findings show that there is no causality between nuclear energy consumption and economic growth in eleven out of fourteen cases, supporting the neutrality hypothesis. As a sensitivity analysis, we also conduct Toda-Yamamoto time series causality method and find out that the results from the panel causality analysis are slightly different than those from the time-series causality analysis. Thereby, we can conclude that the choice of statistical tools in analyzing the nature of causality between nuclear energy consumption and economic growth may play a key role for policy implications. - Highlights: → Causality between nuclear energy consumption and economic growth is examined for OECD countries. → Panel causality method, which allows cross-sectional dependency and heterogeneity, is utilized. → The neutrality hypothesis is supported.

The economics of soil conservation in developing countries: the case of crop residue mulching

NARCIS (Netherlands)

Erenstein, O.C.A.

1999-01-01

The study contributes to the search for a methodology to assess soil conservation, particularly in developing countries. The study first assesses the economics of soil conservation in general - with special emphasis on the relationships between technology, economic analysis and policy implications.

Economic poverty among children and adolescents in the Nordic countries

DEFF Research Database (Denmark)

Povlsen, Lene; Regber, Susann; Fosse, Elisabeth

2018-01-01

Aims: This study aimed to identify applied definitions and measurements of economic poverty and to explore the proportions and characteristics of children and adolescents living in economic poverty in Denmark, Finland, Iceland, Norway and Sweden during the last decade and to compare various...... statistics between the Nordic countries. Methods: Official data from central national authorities on statistics, national reports and European Union Statistics of income and living conditions data were collected and analysed during 2015–2016. Results: The proportion of Nordic children living in economic...... poverty in 2014 ranged from 9.4% in Norway to 18.5% in Sweden. Compared with the European Union average, from 2004 to 2014 Nordic families with dependent children experienced fewer difficulties in making their money last, even though Icelandic families reported considerable difficulties...

Do Better Political Relations with the USA Improve A Country's Economic Outlook?

Directory of Open Access Journals (Sweden)

Anwar Aridi

2010-01-01

Full Text Available Relations of countries with the USA could be considered as helpful in their quest for enhanced economic performance. Does an improvement or deterioration in relations with the USA bring significant economic and financial benefits or costs, in areas such as, trade, capital flows, remittances, aid, military expenditures, and education? The results based on an event study are very preliminary. Nevertheless, this line of research could be fruitful and may enhance our appreciation of international political-economic relations and the ability to build more comprehensive theories of trade, capital flows and the like.

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

International Nuclear Information System (INIS)

Andrade, F.A.

1984-01-01

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

Size of government and entrepreneurship. Analysis of three groups of countries with different economic development

Directory of Open Access Journals (Sweden)

Juan Carlos Díaz Casero

2015-07-01

Full Text Available This study analyzes the impact of the "size of government" in entrepreneurial activity for countries with different levels of economical development. It has been used the variables "size of government" of the economic freedom indices released by the Economic Freedom Network (2000-2009 and by The Heritage Foundation (2000-2011, and the variables of "entrepreneurship" released by the Global Entrepreneurship Monitor. Furthermore, the same analysis has been carried out grouping the countries by development level, following the classification elaborated by the World Economic Forum. Statistical analyses of correlations have shown that the “size of government” is related to entrepreneurship. The variables "Size of Government: Expenditures, Taxes and Enterprises" and " Government Size” have revealed a positive correlation with the total, opportunity and necessity entrepreneurial activity indices for the economies based on efficiency and innovation, thus less taxes on income and lower government spending, increase the entrepreneurship of the country. In “factor driven economies”, there is no relationship between the size of government and entrepreneurship

How Emerging Market Resource-poor Firms Compete and Outcompete Advanced Country Resource-Rich Rivals

DEFF Research Database (Denmark)

Li, Xin

2018-01-01

Purpose: The purpose of this paper is to comment on Professor Ming-Jer Chen’s recent publication titled “Competitive dynamics: Eastern roots, Western growth” and present an asymmetry reversing perspective on the competitive dynamics between two nonobvious, invisible or indirect competitors, namely......, how emerging market resource-poor firms compete and outcompete advanced country resource-rich rivals. Design/methodology/approach: The author first identifies an important neglect in Professor Chen’s scholarship on competitive dynamics, i.e., the neglect of the ubiquity of the less visible competition...... position, and try to avoid any direct competition with the strong incumbents. They often tactically appear to pursue different paths of development from those of the strong incumbents by focusing on particular product categories and market segments. Doing so allows the resource-poor firms to win times...

Gender Diversity and Innovation : The Role of Women’s Economic Opportunity in Developing Countries

NARCIS (Netherlands)

Ritter-Hayashi, D.; Vermeulen, P.A.M.; Knoben, Joris

This research examines how gender diversity interacts with women’s economic opportunity, such as prevailing laws, practices and attitudes in a country allowing women to participate in the workforce under similar conditions like men, to explain innovation in developing countries. We suggest that the

Clean energy, non-clean energy, and economic growth in the MIST countries

International Nuclear Information System (INIS)

Pao, Hsiao-Tien; Li, Yi-Ying; Hsin-Chia Fu

2014-01-01

This paper explores the causal relationship between clean (renewable/nuclear) and non-clean energy consumption and economic growth in emerging economies of the MIST (Mexico, Indonesia, South Korea, and Turkey) countries. The panel co-integration tests reveal that there is a long-term equilibrium relationship among GDP, capital formation, labor force, renewable/nuclear, and fossil fuel energy consumption. The panel causality results indicate that (1) there is a positive unidirectional short-run causality from fossil fuel energy consumption to economic growth with a bidirectional long-run causality; (2) there is a unidirectional long-run causality from renewable energy consumption to economic growth with positive bidirectional short-run causality, and a long-run causality from renewable to fossil fuel energy consumption with negative short-run feedback effects; and (3) there is a bidirectional long-run causality between nuclear energy consumption and economic growth and a long-run causality from fossil fuel energy consumption to nuclear energy consumption with positive short-run feedback effects. These suggest that MIST countries should be energy-dependent economies and that energy conservation policies may depress their economic development. However, developing renewable and nuclear energy is a viable solution for addressing energy security and climate change issues, and creating clean and fossil fuel energy partnerships could enhance a sustainable energy economy. - Highlights: • This novel study can provide more robust bases to strengthen sustainable energy policy settings. • Fossil fuel/nuclear energy use and economic growth is bidirectional causality. • Renewable energy consumption long term causes economic growth. • There is substitutability between renewable and fossil fuel energy. • Clean and non-clean energy partnerships can achieve a sustainable energy economy

Where the financial and economic crisis does bite : Impact on the Least Developed Countries

NARCIS (Netherlands)

P.A.G. van Bergeijk (Peter)

2012-01-01

textabstractThis paper looks beyond the comparatively good performance of the large emerging economies that gave rise to the mainstream narrative of decoupling. I discuss the negative economic and social impacts of the financial and economic crisis on the Least Developed Countries that the

Health and economic impact of rotavirus vaccination in GAVI-eligible countries

Directory of Open Access Journals (Sweden)

Slichter David

2010-05-01

Full Text Available Abstract Background Rotavirus infection is responsible for about 500,000 deaths annually, and the disease burden is disproportionately borne by children in low-income countries. Recently the World Health Organization (WHO has released a global recommendation that all countries include infant rotavirus vaccination in their national immunization programs. Our objective was to provide information on the expected health, economic and financial consequences of rotavirus vaccines in the 72 GAVI support-eligible countries. Methods We synthesized population-level data from various sources (primarily from global-level databases for the 72 countries eligible for the support by the GAVI Alliance (GAVI-eligible countries in order to estimate the health and economic impact associated with rotavirus vaccination programs. The primary outcome measure was incremental cost (in 2005 international dollars [I$] per disability-adjusted life year (DALY averted. We also projected the expected reduction in rotavirus disease burden and financial resources required associated with a variety of scale-up scenarios. Results Under the base-case assumptions (70% coverage, vaccinating one single birth cohort would prevent about 55% of rotavirus associated deaths in the 72 GAVI-eligible countries. Assuming I$25 per vaccinated child (~$5 per dose, the number of countries with the incremental cost per DALY averted less than I$200 was 47. Using the WHO's cost-effectiveness threshold based on per capita GDP, the vaccines were considered cost-effective in 68 of the 72 countries (~94%. A 10-year routine rotavirus vaccination would prevent 0.9-2.8 million rotavirus associated deaths among children under age 5 in the poorest parts of the world, depending on vaccine scale-up scenarios. Over the same intervention period, rotavirus vaccination programs would also prevent 4.5-13.3 million estimated cases of hospitalization and 41-107 million cases of outpatient clinic visits in the same

ENERGY CONSUMPTION AND ECONOMIC GROWTH: EVIDENCE FROM LOW-INCOME COUNTRIES IN SUB-SAHARAN AFRICA

Directory of Open Access Journals (Sweden)

Eyup Dogan

2014-04-01

Full Text Available The main purpose of this paper is to investigate the causality relationship between energy consumption and economic growth in four low-income countries in Sub-Saharan Africa using the econometrics in time-series methods. Along the estimation process, I use the annual data on energy consumption and real GDP per capita over the years of 1971 and 2011. The results of the ADF unit root test show that the time series are not stationary for all countries at levels, but log of economic growth in Benin and Congo become stationary after taking the differences of the data, and log of energy consumption become stationary for all countries and LGR in Kenya and Zimbabwe are found to be stationary after taking the second differences of the time-series. The findings of the Johansen co-integration test demonstrate that the variables LEC and LGR are not co-integrated for the cases of Kenya and Zimbabwe, so no long-run relationship between the variables arises in any country. The Granger causality test indicates that there is a unidirectional causality running from energy use to economic growth in Kenya and no causality linkage between EC and GR in Benin, Congo and Zimbabwe.

THE IMPACT OF FISCAL POLICY ON ECONOMIC GROWTH IN THE COUNTRIES OF EASTERN EUROPE

OpenAIRE

BOLDEANU Florin Teodor; TACHE Ileana; ION Mădălin-Sebastian

2015-01-01

This paper deals with the effects of fiscal policy on economic growth in 10 countries of Eastern Europe. For this analysis we to use two regression models. The results of the first model provide information on the factors that influence economic growth. Thus, direct taxes, indirect taxes, total income taxes, social contributions and the economic crisis had an effect on economic growth. Of these variables, total taxable income had a positive effect and indirect taxes and social contributions h...

Childhood disability and socio-economic circumstances in low and middle income countries: systematic review

Directory of Open Access Journals (Sweden)

Simkiss Douglas E

2011-12-01

Full Text Available Abstract Background The majority of children with disability live in low and middle income (LAMI countries. Although a number of important reviews of childhood disability in LAMI countries have been published, these have not, to our knowledge, addressed the association between childhood disability and the home socio-economic circumstances (SEC. The objective of this study is to establish the current state of knowledge on the SECs of children with disability and their households in LAMI countries through a systematic review and quality assessment of existing research. Methods Electronic databases (MEDLINE; EMBASE; PUBMED; Web of Knowledge; PsycInfo; ASSIA; Virtual Health Library; POPLINE; Google scholar were searched using terms specific to childhood disability and SECs in LAMI countries. Publications from organisations including the World Bank, UNICEF, International Monetary Fund were searched for. Primary studies and reviews from 1990 onwards were included. Studies were assessed for inclusion, categorisation and quality by 2 researchers. Results 24 primary studies and 13 reviews were identified. Evidence from the available literature on the association between childhood disability and SECs was inconsistent and inconclusive. Potential mechanisms by which poverty and low household SEC may be both a cause and consequence of disability are outlined in the reviews and the qualitative studies. The association of poor SECs with learning disability and behaviour problems was the most consistent finding and these studies had low/medium risk of bias. Where overall disability was the outcome of interest, findings were divergent and many studies had a high/medium risk of bias. Qualitative studies were methodologically weak. Conclusions This review indicates that, despite socially and biologically plausible mechanisms underlying the association of low household SEC with childhood disability in LAMI countries, the empirical evidence from quantitative studies

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

AFRICAN JOURNAL OF ECONOMIC REVIEW

African Journals Online (AJOL)

Dr Kazungu

African Journal of Economic Review, Volume IV, Issue 1, January 2016 ... infant mortality rates in 31 selected sub-Saharan African countries for the .... Also, declines in nutritional status as a result of upsurge in food prices may cause poor birth ..... Deaton, A. (1989) 'Rice Prices and Income Distribution in Thailand: A Non- ...

INTERRELATIONSHIP S BETWEEN HEALTH, ENVIRONMENT QUALITY AND ECONOMIC ACTIVITY: WHAT CONSEQUENCES FOR ECONOMIC CONVERGENCE?

Directory of Open Access Journals (Sweden)

Alassane Drabo

2010-03-01

Full Text Available This paper examines the link between health indicators, environmental variables and economic development, and th e consequences of this relationship on economic convergence for a large sample of rich and poor countries. While in economic literature income and environment are seen to have an inverted-U shaped relationship (Environment Kuznets Curve hypothesis, it is also well established that an improvement in environmental quality is positively related to health. Our study focuses on the implications of this relationship for economic convergence. In the early stage of economic development, the gain from income growth could be cancelled or mitigated by environmental degradation through populations' health (and other channels and create a vicious circle in economic activity unlike in developed countries. This in turn could slow down economic convergence. To empirically assess these issues, we proceeded to an econometric analysis through three equations: a growth equation, a health equation and an environment equation. We found that health is a channel through which environment impacts economic growth. When we take into account the effect of environment quality on economic growth, the speed of convergence tends to increase slightly. This shows that environmental quality could be considered as a constraint for economic convergence.

Electricity consumption and economic growth: a time series experience for 17 African countries

International Nuclear Information System (INIS)

Wolde-Rufael, Yemane

2006-01-01

While the availability of electricity by itself is not a panacea for the economic and social problems facing Africa, the supply of electricity is nevertheless believed to be a necessary requirement for Africa's economic and social development. This paper tests the long-run and causal relationship between electricity consumption per capita and real gross domestic product (GDP) per capita for 17 African countries for the period 1971-2001 using a newly developed cointegration test proposed by Pesaran et al. (2001) and using a modified version of the Granger causality test due to Toda and Yamamoto (1995). The advantage of using these two approaches is that they both avoid the pre-testing bias associated with conventional unit root and cointegration tests. The empirical evidence shows that there was a long-run relationship between electricity consumption per capita and real GDP per capita for only 9 countries and Granger causality for only 12 countries. For 6 countries there was a positive uni-directional causality running from real GDP per capita to electricity consumption per capita; an opposite causality for 3 countries and bi-directional causality for the remaining 3 countries. The result should, however, be interpreted with care as electricity consumption accounts for less than 4% of total energy consumption in Africa and only grid-supplied electricity is taken into account

Banks and economic growth in developing countries: What about Islamic banks?

Directory of Open Access Journals (Sweden)

Saida Daly

2016-12-01

Full Text Available Islamic banks (IBs have a significant role in the growth of gross domestic product of the developing countries. The Islamic participatory schemes integrate the assets of lenders and borrowers. They allow enable IBs to lend on a longer term basis to create projects with higher risk-return profiles and, thus, to support economic growth. Our investigation examines the contribution of Islamic finance in economic growth. Using a panel data-set, we compare between IBs and conventional banks in their adding to economic growth. We studied a sample of 120 banks between 2005 and 2012. By means of three ordinary least-square regressions, our empirical investigation reveals that the development of non-usurious banks supports economic growth. Moreover, the cooperation between the two financing modes improves economic growth. The integration of this new funding never neglected the role of the conventional method of financing. The practice of IBs is also away from their theoretical mode in terms of participation results.

FEATURES OF TECHNOLOGIES TRANSFER SYSTEMS IN EURASIAN ECONOMIC UNION MEMBER COUNTRIES

Directory of Open Access Journals (Sweden)

Yu.V. Solovieva

2017-12-01

Full Text Available In article forms and conditions of interaction of participants of innovative process, feature of creation and development of organizational system of a transfer of technologies in member countries of the Eurasian Economic Union are considered. On the basis of a transfer systems analysis functioning in the EEU countries, the author allocates the key and most perspective directions of development of integration of scientific and educational, production spheres and the state for the purpose of formation of special mechanisms of the organization of the innovative processes providing effective interaction between all its participants. The conclusion about need of creation of the organizational system based on integration of institutes of the state, science, business and education in the EEU countries for formation of competitive hi-tech production, increase in the status of the countries in the world market of technologies is drawn.

CO2 emissions, energy consumption and economic growth nexus in MENA countries: Evidence from simultaneous equations models

International Nuclear Information System (INIS)

Omri, Anis

2013-01-01

This paper examines the nexus between CO 2 emissions, energy consumption and economic growth using simultaneous-equations models with panel data of 14 MENA countries over the period 1990–2011. Our empirical results show that there exists a bidirectional causal relationship between energy consumption and economic growth. However, the results support the occurrence of unidirectional causality from energy consumption to CO 2 emissions without any feedback effects, and there exists a bidirectional causal relationship between economic growth and CO 2 emissions for the region as a whole. The study suggests that environmental and energy policies should recognize the differences in the nexus between energy consumption and economic growth in order to maintain sustainable economic growth in the MENA region. - Graphical abstract: Interaction between CO 2 , energy and GDP for MENA countries. - Highlights: • We investigate the energy–environment–GDP nexus for 14 MENA countries. • We have used simultaneous equations models estimated by the GMM-estimator. • Results show bi-directional causal relationship between energy consumption and economic growth. • There is uni-directional causality from energy consumption to CO 2 . • There exists bi-directional causal relationship between economic growth and pollutant emissions

STATISTICAL EVALUATION OF THE IMPACT OF ECONOMIC FACTORS ON SOCIO-DEMOGRAPHICS OF THE COUNTRY

Directory of Open Access Journals (Sweden)

O. Evseenko

2014-04-01

Full Text Available In theory made a case the necessity of modeling economic and demographic indicators. The influences of economic, social and environmental indicators on social and demographic factors of development country are researeched. Given statistical evaluation of relationships based on correlation and regression analysis method.

Presence of women in Royal Economic Society of Friends of the Country (1775-1808

Directory of Open Access Journals (Sweden)

María Consolación Calderón España

2010-11-01

Full Text Available In this work we present the performance of women in the work of the Royal Economic Society of Friends of the Country, institutions of the eighteenth century who sought to lift the economy of Spain in that century. Women’s participation in the Royal Economic So- ciety was carried out by the Boards of Damas and supervisory work of the Schools «patriotism» and the first letters. The first schools to be named, according to Campomanes conceived of yarn and fabric and should be established in major cities throughout the kingdom. Participation in the Royal Economic Society from all social classes and genders with equal rights, was a fact. There is no comprehensive study on all of the Royal Economic Society of Friends of the Country, therefore there is no one on women in one way or another took part in them. With this work we present the work done by some.

Impact of foreign direct investment volatility on economic growth of asean-5 countries

OpenAIRE

Chee-keong Choong; Venus khim-sen Liew

2009-01-01

This study examines the impact of volatility of FDI, rather than its level on the economic growth of ASEAN-5 countries. Using bounds testing approach, we show that FDI volatility retards long-run economic growth in Indonesia, Malaysia, the Philippines and Thailand. Our results suggest that the economic growth of Indonesia is the most susceptible to the adverse effect of FDI volatility. These findings, which are robust to different measures of FDI volatility, are of concern in dealing with the...

Accounting for the Poor

OpenAIRE

Robert M. Townsend

2013-01-01

Economists and other social scientists have long tried to understand the nature of poverty and how poor people make decisions. For example, T.W. Schultz, a Nobel Laureate, former professor of economics at the University of Chicago, and former president of the American Economic Association, spent his career working in development and agricultural economics. In his 1980 Nobel Prize acceptance speech, Schultz suggests that there is some accounting for the behavior of the poor in agriculture. "Fa...

The correlation between burn mortality rates from fire and flame and economic status of countries.

Science.gov (United States)

Peck, Michael; Pressman, Melissa A

2013-09-01

Over 95% of burn deaths occur in low- and middle-income countries globally. However, the association between burn mortality rates and economic health has not been evaluated for individual countries. This study seeks to answer the question, how strong is the correlation between burn mortality and national indices of economic strength? A retrospective review was performed for 189 countries during 2008-2010 using economic data from the World Bank as well as mortality data from the World Health Organization (WHO). Countries were categorized into four groups based on income level according to stratification by the World Bank: low income, lower middle income, upper middle income, and high income. The Pearson correlation coefficient was used to estimate presence and strength of association among death rates, Gini coefficient (measure of inequality of distribution of wealth), gross domestic product (GDP) per capita, and gross national index (GNI) per capita. Statistically significant associations (p<0.05) were found between burn mortality and GDP per capita (r=-0.26), GNI per capita (r=-0.36), and Gini (r=+0.17). A nation's income level is negatively correlated with burn mortality; the lower the income level, the higher the burn mortality rates. The degree to which income within a country is equitably or inequitably distributed also correlates with burn mortality. Both governmental and non-governmental organizations need to focus on preventing burns in low-income countries, as well as in other countries in which there is marked disparity of income. Copyright © 2013 Elsevier Ltd and ISBI. All rights reserved.

Gifted Education's Reflection of Country-Specific Cultural, Political, and Economic Features

Science.gov (United States)

Frantz, Roger S.; McClarty, Katie Larsen

2016-01-01

Educational policies and practices are influenced by cultural, political, and economic factors, and this is also true of specialized educational approaches such as gifted education. Factors such as a country's cultural tendency toward egalitarianism or meritocracy, whether the political system is centralized or decentralized, and the degree to…

WESTERN BALKANS’ COUNTRIES IN FOCUS OF GLOBAL ECONOMIC CRISIS

OpenAIRE

Engjell PERE; Albana HASHORVA

2011-01-01

The paper intends to analyze the impact of global economic crisis on the economies of Western Balkan Region. Albania, Bosnia & Herzegovina, Croatia, Macedonia (FYROM), Montenegro, Serbia, and Kosovo are part of this Region. The purpose of the paper is not to analyze the global crisis impact on specific sectors of the economies of the Western Balkan Countries, indeed, it focuses mainly on the macroeconomic level, identifying and analyzing fluctuations of major macroeconomic indicators of the e...

Corruption and Economic Development

Directory of Open Access Journals (Sweden)

Dr.Sc. Skender Ahmeti

2012-06-01

Full Text Available There is no sustainable economic development without a functioning rule of law. Besides sustainable economic policies like low interest rates, low inflation, low budget deficit, reasonable taxes and economic freedom for business development, the necessary ones for country’s economic growth are functioning of state institutions, support and development of reforms as well as successful fight against corruption. Corruption is a phenomena often encountered and spread in countries that have problems with rule of law as well as with judiciary system. Corruption manifestation is inevitable in circumstances when state institutions are weak. The phenomena is especially problematic in countries that go through transition periods since these countries are often characterized as nonefficient in fighting this phenomena1 . Countries in transition continue to have the image of countries with high level of corruption, which causes serious crisis from local opinion and continuous demand from international community due to the unsuccessful fight against this malevolence. World Bank considers corruption as the biggest obstacle in the fight for poverty eradication, since it undermines the rule of law, weakens state institutions and most of all it affects the poor. Politically, it undermines democracy and good governance, economic equal growth and development, as well as people’s trust in state institutions. Lately, several anti-corruption laws have been adopted in Kosovo, but they have not been implemented in practice and were not sufficient in fight against corruption. Kosovo’s long lasting dream of integrating in European Union, necessarily demands to built and functionalize anti-corruptive measures with priority, as a fundamental precondition for EU pre-accession process

Will (or can) people pay for headache care in a poor country?

DEFF Research Database (Denmark)

Lampl, Christian; Steiner, Timothy Joseph; Mueller, Thomas

2012-01-01

-attributed burden, we report on willingness to pay (WTP) for effective headache treatment. Consecutive households were visited in areas of Tbilisi (urban) and Kakheti (rural), together representative of Georgian habitation. Biologically unrelated adults were interviewed by medical residents using a structured ICHD...... averaging USD 8 per month for effective headache treatment. WTP did not correlate with headache type or frequency, or with MIDAS or SF-36 scores. Headache is common and headache-attributed burden is high in Georgia, with a profound impact on HRQoL. Even those less affected indicated WTP for effective...... treatment, if it were available, that would on average cover costs, which locally are low. Headache services in a poor country are potentially sustainable....

Clean Energy Consumption and Economic Growth: A Case Study for Developing Countries

OpenAIRE

Fotourehchi, Zahra

2017-01-01

In this paper, we analyze the long-run causality relationship between renewable/clean energy consumption and economic growth during the period 1990-2012 for 42 developing countries, under the Canning and Pedroni (2008) long-run causality test, which indicates that there is long-run positive causality running from renewable energy to real GDP. This means that for developing countries where renewable energy consumption has a positive long-run causal effect on real GDP, renewable energy dependen...

Economical assumption for formation of independent energy policy in developing countries

International Nuclear Information System (INIS)

Tamonis, M.; Kveselis, V; Klevas

1996-01-01

This study concerning the power production and consumption problems in developing countries analyses the following aspects: energy efficiency, fuel prices, technological advances, management of energy demand and environment policy. To obtain background data for state support power programs economical, legal and socio-psychological conditions are considered. (author). 1 fig., 1 tab

Energy consumption, economic growth and prices: A reassessment using panel VECM for developed and developing countries

International Nuclear Information System (INIS)

Mahadevan, Renuka; Asafu-Adjaye, John

2007-01-01

This paper reinvestigates the energy consumption-GDP growth nexus in a panel error correction model using data on 20 net energy importers and exporters from 1971 to 2002. Among the energy exporters, there was bidirectional causality between economic growth and energy consumption in the developed countries in both the short and long run, while in the developing countries energy consumption stimulates growth only in the short run. The former result is also found for energy importers and the latter result exists only for the developed countries within this category. In addition, compared to the developing countries, the developed countries' elasticity response in terms of economic growth from an increase in energy consumption is larger although its income elasticity is lower and less than unitary. Lastly, the implications for energy policy calling for a more holistic approach are discussed

The Impact of Taxation on Economic Growth: Case Study of OECD Countries

Directory of Open Access Journals (Sweden)

Macek Rudolf

2015-01-01

Full Text Available The aim of this paper is to evaluate the impact of individual types of taxes on the economic growth by utilizing regression analysis on the OECD countries for the period of 2000–2011. The impact of taxation is integrated into growth models by its impact on the individual growth variables, which are capital accumulation and investment, human capital and technology. The analysis in this paper is based on extended neoclassical growth model of Mankiw, Romer and Weil (1992, and for the verification of relation between taxation and economic growth the panel regression method is used. The taxation rate itself is not approximated only by traditional tax quota, which is characteristic by many insufficiencies, but also by the alternative World Tax Index which combines hard and soft data. It is evident from the results of both analyses that corporate taxation followed by personal income taxes and social security contribution are the most harmful for economic growth. Concurrently, in case of the value added tax approximated by tax quota, the negative impact on economic growth was not confirmed, from which it can be concluded that tax quota, in this case as the indicator of taxation, fails. When utilizing World Tax Index, a negative relation between these two variables was confirmed, however, it was the least quantifiable. The impact of property taxes was statistically insignificant. Based on the analysis results it is evident that in effort to stimulate economic growth in OECD countries, economic-politic authorities should lower the corporate taxation and personal income taxes, and the loss of income tax revenues should be compensated by the growth of indirect tax revenues.

Estimated economic impact of vaccinations in 73 low- and middle-income countries, 2001-2020.

Science.gov (United States)

Ozawa, Sachiko; Clark, Samantha; Portnoy, Allison; Grewal, Simrun; Stack, Meghan L; Sinha, Anushua; Mirelman, Andrew; Franklin, Heather; Friberg, Ingrid K; Tam, Yvonne; Walker, Neff; Clark, Andrew; Ferrari, Matthew; Suraratdecha, Chutima; Sweet, Steven; Goldie, Sue J; Garske, Tini; Li, Michelle; Hansen, Peter M; Johnson, Hope L; Walker, Damian

2017-09-01

To estimate the economic impact likely to be achieved by efforts to vaccinate against 10 vaccine-preventable diseases between 2001 and 2020 in 73 low- and middle-income countries largely supported by Gavi, the Vaccine Alliance. We used health impact models to estimate the economic impact of achieving forecasted coverages for vaccination against Haemophilus influenzae type b, hepatitis B, human papillomavirus, Japanese encephalitis, measles, Neisseria meningitidis serogroup A, rotavirus, rubella, Streptococcus pneumoniae and yellow fever. In comparison with no vaccination, we modelled the costs - expressed in 2010 United States dollars (US$) - of averted treatment, transportation costs, productivity losses of caregivers and productivity losses due to disability and death. We used the value-of-a-life-year method to estimate the broader economic and social value of living longer, in better health, as a result of immunization. We estimated that, in the 73 countries, vaccinations given between 2001 and 2020 will avert over 20 million deaths and save US$ 350 billion in cost of illness. The deaths and disability prevented by vaccinations given during the two decades will result in estimated lifelong productivity gains totalling US$ 330 billion and US$ 9 billion, respectively. Over the lifetimes of the vaccinated cohorts, the same vaccinations will save an estimated US$ 5 billion in treatment costs. The broader economic and social value of these vaccinations is estimated at US$ 820 billion. By preventing significant costs and potentially increasing economic productivity among some of the world's poorest countries, the impact of immunization goes well beyond health.

Alleviating energy poverty for the world's poor

International Nuclear Information System (INIS)

Sagar, Ambuj D.

2005-01-01

Improving energy services for poor households in developing countries remains one of the most pressing challenges facing the development community. The dependence of these households on traditional forms of energy leads to significant health impacts as well as other major disbenefits, yet there has been little progress in meeting this challenge. This viewpoint argues for an 'energy-poverty alleviation' fund to help provide modern energy services to these households. It also proposes an approach through which to create such a fund, namely by introducing an incremental levy on petroleum. Notably, this scheme does not need a global agreement since a levy could be introduced by major oil-exporting countries. The implementation of this mechanism would result in a climate-friendly outcome (even before taking into account the elimination of products of incomplete combustion resulting from the traditional household use of biomass-based fuels) while providing immense socio-economic benefits to the world's poor. Such an approach would allow significant progress on the sustainable development front while reducing global greenhouse gas emissions, and therefore is very much consistent with the United Nations Framework Convention on Climate Change

Financial development and economic growth: literature survey and empirical evidence from sub-Saharan African countries

Directory of Open Access Journals (Sweden)

Songul Kakilli Acaravci

2011-08-01

Full Text Available In this paper we review the literature on the finance-growth nexus and investigate the causality between financial development and economic growth in Sub-Saharan Africa for the period 1975-2005. Using panel co-integration and panel GMM estimation for causality, the results of the panel co-integration analysis provide evidence of no long-run relationship between financial development and economic growth. The empirical findings in the paper show a bi-directional causal relationship between the growth of real GDP per capita and the domestic credit provided by the banking sector for the panels of 24 Sub-Saharan African countries. The findings imply that African countries can accelerate their economic growth by improving their financial systems and vice versa.

The Relationship between Property Rights and Economic Growth: an Analysis of OECD and EU Countries

Directory of Open Access Journals (Sweden)

Haydaroğlu Ceyhun

2015-12-01

Full Text Available In recent years, institutions and institutional structure have become some of the most popular concepts analyzed by economics theory. New growth theories have especially focused on the effects of institutions and institutional structure on a macro level. Property rights are one of the most important elements of this institutional structure. The relationship between property rights and economic growth have drawn the attention of many researchers and policymakers in recent years. The aim of this study, covering the period 2007–2014, is to examine the relationship between property rights and economic growth with the help of PARDL in OECD and EU countries. According to the result of a bounds test, there is cointegration between the variables. The long- and short-term relationships between series were determined and the results taken from the analysis show that there is a positive effect on economic growth in those countries.

The impacts of tourism, energy consumption and political instability on economic growth in the MENA countries

International Nuclear Information System (INIS)

Tang, Chor Foon; Abosedra, Salah

2014-01-01

Using panel data of 24 countries in the Middle East and North African (MENA) region from 2001 to 2009, the purpose of this study is to examine the impacts of tourism, energy consumption and political instability on economic growth within the neoclassical growth framework. To address the objective of this study, we utilise both the static panel data approach as well as the dynamic generalised method of moments (GMM) estimator to examine the impact of candidate variables. Our results show that energy consumption and tourism significantly contribute to the economic growth of countries in the MENA region. Hence, our study lends some support to the existence of the tourism-led growth and energy-led growth hypotheses in the region. In line with our expectation, our estimation results also reveal that political instability impedes the process of economic growth and development in the MENA region. Therefore, macroeconomic policies to promote expansion in tourism and energy consumption will directly stimulate economic growth. Additionally, efforts to help the region overcome its history of political instability would attract more international tourist arrivals and further invigorate economic growth. - Highlights: • Tourism and energy consumption have positive impacts on GDP growth. • GDP reacts negatively to political instability. • Energy-led growth and tourism-led growth hypotheses are validated in MENA countries. • Supporting tourism, energy use and political stability will enhance economic growth

Public Education and Growth in Developing Countries

DEFF Research Database (Denmark)

Schuppert, Christiane; Wirz, Nadja

Human capital plays a key role in fostering technology adoption, the major source of economic growth in developing countries. Consequently, enhancing the level of human capital should be a matter of public concern. The present paper studies public education incentives in an environment in which...... governments can invest in human capital to facilitate the adoption of new technologies invented abroad or, instead, focus on consumptive public spending. Although human capital is pivotal for growth, the model reveals that incentives to invest in public education vanish if a country is poorly endowed...

The evaluation of Foreign Direct Investments and their impact in the economics of some transition countries: the case of Kosovo

OpenAIRE

Halil Kukaj; Anera Alishani

2017-01-01

The Foreign Direct Investment is suggested to have a positive impact on the economic growth of many countries, especially in the transition countries such as Kosovo. During the last century, the world has witnessed remarkable growth of FDI because they impact positively the overall strategy for economic and social development. This article will provide a general review of the FDIs and will focus on their economic implication on the developing countries and especially in Kosovo and some other ...

Does higher economic and financial development lead to environmental degradation: Evidence from BRIC countries

Energy Technology Data Exchange (ETDEWEB)

Tamazian, Artur [Department of Financial Economics and Accounting, University of Santiago de Compostela, Santiago de Compostela (Spain)], E-mail: artur.tamazian@usc.es; Chousa, Juan Pineiro [Department of Financial Economics and Accounting, University of Santiago de Compostela, Santiago de Compostela (Spain)], E-mail: efjpch@usc.es; Vadlamannati, Krishna Chaitanya [Department of Financial Economics and Accounting, University of Santiago de Compostela, Santiago de Compostela (Spain)], E-mail: kc_dcm@yahoo.co.in

2009-01-15

A vast number of studies addressed the environmental degradation and economic development but not financial development. Moreover, as argued by Stern [2004. The rise and fall of the environmental Kuznets curve. World Development 32, 1419-1439] they present important econometric weaknesses. Using standard reduced-form modeling approach and controlling for country-specific unobserved heterogeneity, we investigate the linkage between not only economic development and environmental quality but also the financial development. Panel data over period 1992-2004 is used. We find that both economic and financial development are determinants of the environmental quality in BRIC economies. We show that higher degree of economic and financial development decreases the environmental degradation. Our analysis suggests that financial liberalization and openness are essential factors for the CO{sub 2} reduction. The adoption of policies directed to financial openness and liberalization to attract higher levels of R and D-related foreign direct investment might reduce the environmental degradation in countries under consideration. In addition, the robustness check trough the inclusion of US and Japan does not alter our main findings.

Does higher economic and financial development lead to environmental degradation. Evidence from BRIC countries

Energy Technology Data Exchange (ETDEWEB)

Tamazian, Artur; Chousa, Juan Pineiro; Vadlamannati, Krishna Chaitanya [Department of Financial Economics and Accounting, University of Santiago de Compostela, Santiago de Compostela (Spain)

2009-01-15

A vast number of studies addressed the environmental degradation and economic development but not financial development. Moreover, as argued by Stern [2004. The rise and fall of the environmental Kuznets curve. World Development 32, 1419-1439] they present important econometric weaknesses. Using standard reduced-form modeling approach and controlling for country-specific unobserved heterogeneity, we investigate the linkage between not only economic development and environmental quality but also the financial development. Panel data over period 1992-2004 is used. We find that both economic and financial development are determinants of the environmental quality in BRIC economies. We show that higher degree of economic and financial development decreases the environmental degradation. Our analysis suggests that financial liberalization and openness are essential factors for the CO{sub 2} reduction. The adoption of policies directed to financial openness and liberalization to attract higher levels of R and D-related foreign direct investment might reduce the environmental degradation in countries under consideration. In addition, the robustness check trough the inclusion of US and Japan does not alter our main findings. (author)

Does higher economic and financial development lead to environmental degradation. Evidence from BRIC countries

International Nuclear Information System (INIS)

Tamazian, Artur; Chousa, Juan Pineiro; Vadlamannati, Krishna Chaitanya

2009-01-01

A vast number of studies addressed the environmental degradation and economic development but not financial development. Moreover, as argued by Stern [2004. The rise and fall of the environmental Kuznets curve. World Development 32, 1419-1439] they present important econometric weaknesses. Using standard reduced-form modeling approach and controlling for country-specific unobserved heterogeneity, we investigate the linkage between not only economic development and environmental quality but also the financial development. Panel data over period 1992-2004 is used. We find that both economic and financial development are determinants of the environmental quality in BRIC economies. We show that higher degree of economic and financial development decreases the environmental degradation. Our analysis suggests that financial liberalization and openness are essential factors for the CO 2 reduction. The adoption of policies directed to financial openness and liberalization to attract higher levels of R and D-related foreign direct investment might reduce the environmental degradation in countries under consideration. In addition, the robustness check trough the inclusion of US and Japan does not alter our main findings. (author)

The Nordic version of working poor

DEFF Research Database (Denmark)

Ilsøe, Anna

The development of service economies in the Western world has led to a debate on the quality of new service jobs as many are low-wage jobs with poor working conditions and career opportunities (Westergaard-Nielsen 2008; Gautié & Schmitt 2009; Kalleberg 2011). Empirical and theoretical work has...... from the European Labour Force Survey it is examined how low wage service work has developed in the private sector in the three countries since 2000 and which segments that can be identified. Data is drawn from the last quarter of 2000 (before the economic boom), 2007 (before the financial crisis....../restaurants, as the majority of low-wage private service workers in Denmark, Norway and Sweden work in these sectors (Bosch & Lehndorff 2005). We compare developments in the three countries to identify similar and different segments that have emerged over the past 15 years. Finally, the paper discusses findings in relation...

The economic growth of oil countries; La croissance economique des pays petroliers

Energy Technology Data Exchange (ETDEWEB)

Arbod, G

2007-02-15

The literature tries to apprehend the weakness of the economic growth of oil culminates by the assumption of ousted growth factors. In the Dutch Disease models the non-oil exporting sector would be ousted whereas in the analyses in terms of economic policies it would be the efficient economic policies. We consider the phenomenon through the growth theories, the oil income being regarded as an additional exogenous income for the economy. In this manner the growth dynamic of oil countries, even the most unfavourable, can be modelled without utilizing any concept of economic inefficiency. The last part of our work is devoted to the Saudi economy. After having developed a macro-econometric model, and using scenarios of oil prices, we lead a forecasted analysis of this economy. (author)

Greenhouse Gas Emissions, Energy Consumption and Economic Growth: A Panel Cointegration Analysis for 16 Asian Countries.

Science.gov (United States)

Lu, Wen-Cheng

2017-11-22

This research investigates the co-movement and causality relationships between greenhouse gas emissions, energy consumption and economic growth for 16 Asian countries over the period 1990-2012. The empirical findings suggest that in the long run, bidirectional Granger causality between energy consumption, GDP and greenhouse gas emissions and between GDP, greenhouse gas emissions and energy consumption is established. A non-linear, quadratic relationship is revealed between greenhouse gas emissions, energy consumption and economic growth, consistent with the environmental Kuznets curve for these 16 Asian countries and a subsample of the Asian new industrial economy. Short-run relationships are regionally specific across the Asian continent. From the viewpoint of energy policy in Asia, various governments support low-carbon or renewable energy use and are reducing fossil fuel combustion to sustain economic growth, but in some countries, evidence suggests that energy conservation might only be marginal.

Greenhouse Gas Emissions, Energy Consumption and Economic Growth: A Panel Cointegration Analysis for 16 Asian Countries

Science.gov (United States)

2017-01-01

This research investigates the co-movement and causality relationships between greenhouse gas emissions, energy consumption and economic growth for 16 Asian countries over the period 1990–2012. The empirical findings suggest that in the long run, bidirectional Granger causality between energy consumption, GDP and greenhouse gas emissions and between GDP, greenhouse gas emissions and energy consumption is established. A non-linear, quadratic relationship is revealed between greenhouse gas emissions, energy consumption and economic growth, consistent with the environmental Kuznets curve for these 16 Asian countries and a subsample of the Asian new industrial economy. Short-run relationships are regionally specific across the Asian continent. From the viewpoint of energy policy in Asia, various governments support low-carbon or renewable energy use and are reducing fossil fuel combustion to sustain economic growth, but in some countries, evidence suggests that energy conservation might only be marginal. PMID:29165399

Greenhouse Gas Emissions, Energy Consumption and Economic Growth: A Panel Cointegration Analysis for 16 Asian Countries

Directory of Open Access Journals (Sweden)

Wen-Cheng Lu

2017-11-01

Full Text Available This research investigates the co-movement and causality relationships between greenhouse gas emissions, energy consumption and economic growth for 16 Asian countries over the period 1990–2012. The empirical findings suggest that in the long run, bidirectional Granger causality between energy consumption, GDP and greenhouse gas emissions and between GDP, greenhouse gas emissions and energy consumption is established. A non-linear, quadratic relationship is revealed between greenhouse gas emissions, energy consumption and economic growth, consistent with the environmental Kuznets curve for these 16 Asian countries and a subsample of the Asian new industrial economy. Short-run relationships are regionally specific across the Asian continent. From the viewpoint of energy policy in Asia, various governments support low-carbon or renewable energy use and are reducing fossil fuel combustion to sustain economic growth, but in some countries, evidence suggests that energy conservation might only be marginal.

A Legal and Economic Analysis of Austria's Double Tax Treaty Network with Developing Countries

OpenAIRE

Braun, Julia; Fuentes Hernandez, Daniel

2014-01-01

To what degree developing countries gain from signing double tax treaties is being hotly debated. In this paper, we analyze the Austrian tax treaty policy. Combining legal and economic perspectives, we find that developing countries are likely to expect both positive and negative impacts from signing a double tax treaty (DTT) with Austria. On the one hand, the results of our econometric analysis suggest that middle-income countries that sign a DTT with Austria may expect an inc...

Estimating the Relationship between Economic Growth and Health Expenditures in ECO Countries Using Panel Cointegration Approach

Directory of Open Access Journals (Sweden)

Nahid Hatam

2016-03-01

Full Text Available Increasing knowledge of people about health leads to raising the share of health expenditures in government budget continuously; although governors do not like this rise because of budget limitations. This study aimed to find the association between health expenditures and economic growth in ECO countries. We added health capital in Solow model and used the panel cointegration approach to show the importance of health expenditures in economic growth. For estimating the model, first we used Pesaran cross-sectional dependency test, after that we used Pesaran CADF unit root test, and then we used Westerlund panel cointegration test to show if there is a long-term association between variables or not. After that, we used chaw test, Breusch-Pagan test and Hausman test to find the form of the model. Finally, we used OLS estimator for panel data. Findings showed that there is a positive, strong association between health expenditures and economic growth in ECO countries. If governments increase investing in health, the total production of the country will be increased, so health expenditures are considered as an investing good. The effects of health expenditures in developing countries must be higher than those in developed countries. Such studies can help policy makers to make long-term decisions.

Estimating the Relationship between Economic Growth and Health Expenditures in ECO Countries Using Panel Cointegration Approach.

Science.gov (United States)

Hatam, Nahid; Tourani, Sogand; Homaie Rad, Enayatollah; Bastani, Peivand

2016-02-01

Increasing knowledge of people about health leads to raising the share of health expenditures in government budget continuously; although governors do not like this rise because of budget limitations. This study aimed to find the association between health expenditures and economic growth in ECO countries. We added health capital in Solow model and used the panel cointegration approach to show the importance of health expenditures in economic growth. For estimating the model, first we used Pesaran cross-sectional dependency test, after that we used Pesaran CADF unit root test, and then we used Westerlund panel cointegration test to show if there is a long-term association between variables or not. After that, we used chaw test, Breusch-Pagan test and Hausman test to find the form of the model. Finally, we used OLS estimator for panel data. Findings showed that there is a positive, strong association between health expenditures and economic growth in ECO countries. If governments increase investing in health, the total production of the country will be increased, so health expenditures are considered as an investing good. The effects of health expenditures in developing countries must be higher than those in developed countries. Such studies can help policy makers to make long-term decisions.

Radical Right-Wing Parties in Former Communist Countries: Challenges to Liberal Democracy or a Socio-Economic Protest?

Directory of Open Access Journals (Sweden)

Vedran Obućina

2011-01-01

Full Text Available Economic and social crises provide an opportunity for protest parties to raise their voices and to win new positions in the political arena. Many analysts deem that the parties of the radical Right gained momentum exactly with the protests by citizens against globalisation, economic deprivation and the impact of the economic crisis. A more detailed study of the radicalisation of politics reveals that the simplification of this thesis does not have a particularly strong justification. In the absence of clear methodologies, political scientists and other social scientists seek to formulate theories based on empirical research. One of the frequent theoretical frameworks is the attitude of populist parties toward the socio-economic situation in the country. According to this thesis, in the period of a global crisis, the percentage of voters of radical political options increases, mostly out of protest, and not as an anti-systemic phenomenon. This paper also examines the situation in Central Europe, as well as the outcomes of this year's elections in Hungary, Latvia and Slovakia as countries with a strong radical Right. By analysing the cases of these countries, the author seeks to establish whether the socio-economic theory can be applied, or whether these countries are facing greater challenges to liberal democracy posed by the far-right pole.

PUBLIC POLICY, QUALITY OF INTITUTION AND ECONOMIC GROWTH IN CENTRAL AND EASTERN EUROPEAN COUNTRIES

Directory of Open Access Journals (Sweden)

DOGARU DORIN-MADALIN

2015-04-01

Full Text Available This paper analyzes the relationship between economic performance and institutional development in several Central and Eastern European Countries. Our meta-argument is that the structural transformations at the levels of the quantitative variables and mechanisms are only a part of the transition processes. In order to view the big picture, the qualitative aspects related to public policies and institutions should also be considered. We test the linkages between the quality of public policies and institutions for seven Central and Eastern European countries (Bulgaria, Poland, Czech Republic, Hungary, Slovenia, Slovakia and Romania for a time span between 2001 and 2011. These countries are displaying a certain degree of heterogeneity in terms of economic performances and the design and implementation of public policies. We use for our analysis the World Bank indicators from World Wide Governance Indicators. In order to deal with the potential reverse causality issues, we employ Generalized Method of Moments Framework (GMM by using the lagged variables as instruments. The impact of governance indicators is statistically significant even if we use several control variables: exchange rate, unemployment, current account deficit, taxes burden and price stability. The corresponding Sargan and Arellano-Bond test for zero autocorrelation in first-differenced errors tests shows that the results display a corresponding robustness. The main policy implications for our findings may be synthesized by the thesis, according to which a proper design of public policies, a high degree of their effectiveness and accountability, a stable social and political environment together with the rule of law and efficient anticorruption mechanisms are critical determinants of economic growth even in emerging markets. The impact of the government “size , economic structure and markets” mechanisms , monetary policy and price stability , ownership structure and legal rights

Global non-linear effect of temperature on economic production.

Science.gov (United States)

Burke, Marshall; Hsiang, Solomon M; Miguel, Edward

2015-11-12

Growing evidence demonstrates that climatic conditions can have a profound impact on the functioning of modern human societies, but effects on economic activity appear inconsistent. Fundamental productive elements of modern economies, such as workers and crops, exhibit highly non-linear responses to local temperature even in wealthy countries. In contrast, aggregate macroeconomic productivity of entire wealthy countries is reported not to respond to temperature, while poor countries respond only linearly. Resolving this conflict between micro and macro observations is critical to understanding the role of wealth in coupled human-natural systems and to anticipating the global impact of climate change. Here we unify these seemingly contradictory results by accounting for non-linearity at the macro scale. We show that overall economic productivity is non-linear in temperature for all countries, with productivity peaking at an annual average temperature of 13 °C and declining strongly at higher temperatures. The relationship is globally generalizable, unchanged since 1960, and apparent for agricultural and non-agricultural activity in both rich and poor countries. These results provide the first evidence that economic activity in all regions is coupled to the global climate and establish a new empirical foundation for modelling economic loss in response to climate change, with important implications. If future adaptation mimics past adaptation, unmitigated warming is expected to reshape the global economy by reducing average global incomes roughly 23% by 2100 and widening global income inequality, relative to scenarios without climate change. In contrast to prior estimates, expected global losses are approximately linear in global mean temperature, with median losses many times larger than leading models indicate.

Global non-linear effect of temperature on economic production

Science.gov (United States)

Burke, Marshall; Hsiang, Solomon M.; Miguel, Edward

2015-11-01

Growing evidence demonstrates that climatic conditions can have a profound impact on the functioning of modern human societies, but effects on economic activity appear inconsistent. Fundamental productive elements of modern economies, such as workers and crops, exhibit highly non-linear responses to local temperature even in wealthy countries. In contrast, aggregate macroeconomic productivity of entire wealthy countries is reported not to respond to temperature, while poor countries respond only linearly. Resolving this conflict between micro and macro observations is critical to understanding the role of wealth in coupled human-natural systems and to anticipating the global impact of climate change. Here we unify these seemingly contradictory results by accounting for non-linearity at the macro scale. We show that overall economic productivity is non-linear in temperature for all countries, with productivity peaking at an annual average temperature of 13 °C and declining strongly at higher temperatures. The relationship is globally generalizable, unchanged since 1960, and apparent for agricultural and non-agricultural activity in both rich and poor countries. These results provide the first evidence that economic activity in all regions is coupled to the global climate and establish a new empirical foundation for modelling economic loss in response to climate change, with important implications. If future adaptation mimics past adaptation, unmitigated warming is expected to reshape the global economy by reducing average global incomes roughly 23% by 2100 and widening global income inequality, relative to scenarios without climate change. In contrast to prior estimates, expected global losses are approximately linear in global mean temperature, with median losses many times larger than leading models indicate.

Developing countries and the global science Web

CERN Document Server

Cerdeira, Hilda; Fonda, Carlo; Cottrell, R L A

2003-01-01

Enabling scientists from developing countries to bridge the gap between rich and poor depends on closing another gap - the "digital divide". Now the technology exists to monitor this divide, and it reveals some alarming results. Most developing countries experience great difficulties because of adverse economic conditions and political instability, which means they lag behind in scientific and technological development. With the advent of the World Wide Web and the rapid exchange of information via the Internet, one might naively have thought that much of the gap between developed and developing nations would disappear, even if problems still persisted for those areas of science that need expensive facilities. However, access to information, peer reviewed or not, depends on having the appropriate hardware, i.e. a computer, and Internet connectivity, and there is a serious problem with access to the Internet in developing countries. Gaining access to a computer is more of a question of economics, and one that ...

The current Russian model of social development, and economic growth

Directory of Open Access Journals (Sweden)

V V Paramonov

2016-12-01

Full Text Available Although the Article 7 of the Constitution of Russia adopted in 1993 defines the country as a social state, the contemporary social and economic situation is significantly different from this declaration. The author considers the current situation focusing on the foundations of the welfare state. The indicators of social inequality and stratification that allow to identify the country as a social state prove the widening gap between the rich and poor. In recent years, nothing has been done to achieve the more equitable distribution of income and national wealth, which led to the further growth of social inequality exceeding the global indices. The author believes that the high level of social inequality negatively affects the economic growth. Based on the studies of Russian scientists he concludes that equal distribution of income provides higher rates of economic growth and prosperity of the country. The modified theory of the factors of production explains this interconnection, and adds a few more factors, including such a specific resource as sales market, to three factors introduced by J.B. Say at the beginning of the XIX century. The huge social inequality and, consequently, a significant number of the poor deprive the country of such an important resource. To change the situation, the author proposes to return to the progressive tax scale and introduce the zero rate of income tax for the poorest groups in order to create prerequisites for the growth of consumer demand under the economic crisis.

Evidenced Formal Coverage Index and universal healthcare enactment: A prospective longitudinal study of economic, social, and political predictors of 194 countries.

Science.gov (United States)

Feigl, Andrea B; Ding, Eric L

2013-11-01

Determinants of universal healthcare (UHC) are poorly empirically understood. We undertook a comprehensive study of UHC development using a novel Evidenced Formal Coverage (EFC) index that combines three key UHC elements: legal framework, population coverage, and accessibility. Applying the EFC index measures (legislation, ≥90% skilled birth attendance, ≥85% formal coverage) to 194 countries, aggregating time-varying data from 1880-2008, this study investigates which macro-economic, political, and social indicators are major longitudinal predictors of developing EFC globally, and in middle-income countries. Overall, 75 of 194 countries implemented legal-text UHC legislation, of which 51 achieved EFC. In a country-year prospective longitudinal analysis of EFC prediction, higher GDP-per-capita (per GDP-per-capita doubling, relative risk [RR]=1.77, 95% CI: 1.49-2.10), higher primary school completion (per +20% completion, RR=2.30, 1.65-3.21), and higher adult literacy were significantly associated with achieving EFC. Results also identify a GDP-per-capita of I$5000 as a minimum level for development of EFC. GDP-per-capita and education were each robust predictors in middle-income countries, and education remained significant even controlling for time-varying GDP growth. For income-inequality, the GINI coefficient was suggestive in its role in predicting EFC (p=0.024). For social and political indicators, a greater degree of ethnic fractionalization (per +25%, RR=0.51, 0.38-0.70), proportional electoral system (RR=2.80, 1.22-6.40), and dictatorships (RR=0.10, 0.05-0.27) were further associated with EFC. The novel EFC index and this longitudinal prospective study together indicate that investment in both economic growth and education should be seen of equal importance for development of UHC. Our findings help in understanding the social and political drivers of universal healthcare, especially for transitioning countries. Copyright © 2013 Elsevier Ireland Ltd. All

Environmental economics and policy making in developing countries. Current issues

International Nuclear Information System (INIS)

Motta, R.S. da

2001-01-01

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)

Where wealth matters more for health: the wealth-health gradient in 16 countries.

Science.gov (United States)

Semyonov, Moshe; Lewin-Epstein, Noah; Maskileyson, Dina

2013-03-01

Researchers have long demonstrated that persons of high economic status are likely to be healthier than persons of low socioeconomic standing. Cross-national studies have also demonstrated that health of the population tends to increase with country's level of economic development and to decline with level of economic inequality. The present research utilizes data for 16 national samples (of populations fifty years of age and over) to examine whether the relationship between wealth and health at the individual-level is systematically associated with country's level of economic development and country's level of income inequality. The analysis reveals that in all countries rich persons tend to be healthier than poor persons. Furthermore, in all countries the positive association between wealth and health holds even after controlling for socio-demographic attributes and household income. Hierarchical regression analysis leads to two major conclusions: first, country's economic resources increase average health of the population but do not weaken the tie between wealth and health; second, a more equal distribution of economic resources (greater egalitarianism) does not raise health levels of the population but weakens the tie between wealth and health. The latter findings can be mostly attributed to the uniqueness of the US case. The findings and their significance are discussed in light of previous research and theory. Copyright © 2013 Elsevier Ltd. All rights reserved.

Ethical and Economic Perspectives on Global Health Interventions

OpenAIRE

Sonia Bhalotra; Thomas Pogge

2012-01-01

Interventions that improve childhood health directly improve the quality of life and, in addition, have multiplier effects, producing sustained population and economic gains in poor countries. We suggest how contemporary global institutions shaping the development, pricing and distribution of vaccines and drugs may be modified to deliver large improvements in health. To support a justice argument for such modification, we show how the current global economic order may contribute to perpetuati...

East-West European economic integration: Difficult to reach target

International Nuclear Information System (INIS)

D'Ermo, V.; Manca, S.

1993-01-01

The energy sector of Western Europe is now undergoing a slow growth period due largely to the socio-economic upheavals of East and West German unification and the political-economic restructuring of the countries making up Eastern Europe and the former Soviet Union. This paper evidences this fact by tabling and commenting on 1991-1992 coal, petroleum, natural gas and electric power production/consumption/export statistical data representing energy sector activities in the former COMECON member countries. The poor performance of these countries can be attributed to the effects of energy market liberalization, the restructuring of utility assets, limited production capacities and inflation. It is estimated that the adjustment time to reach economic parity with Western nations will be long but that the waiting period could be shortened through the implementation of technology transfer and financial cooperation programs with the more prosperous countries capable of providing the investment capital and know-how needed for the restructuring of production systems and resource development

Annex I commitments: adverse economic impacts on developing countries: myth or reality?

Energy Technology Data Exchange (ETDEWEB)

Pathak, M.K.; Gupta, S.; Bhandari, P. [Tata Energy Research Institute, New Delhi (India)

2000-07-01

This document examines the claim that legally binding commitments undertaken by Annex I Parties to reduce greenhouse gas (GHG) emissions would result in adverse economic impacts on developing countries. This is examined through the case of the Indian economy. The impact of a range of carbon taxes on trade between India and the US (a major trading partner) is analysed, using a partial, static framework. This study reveals that impacts on India of commitments of Annex I countries to comply with emissions reduction targets 'prima facie' are marginal. However, economies importing capital intensive products from Annex I countries are likely to have adverse second-order impacts. In such a scenario, there is a case for increased south-south trade with increased flows from countries with a large industrial base. Higher costs in Annex I countries will have a two-fold effect on developing economies in the long-term: more rapid evolution of their indigenous industrial base and positive environmental transitions that accompany development. (author)

Health expenditure and economic growth - a review of the literature and an analysis between the economic community for central African states (CEMAC) and selected African countries.

Science.gov (United States)

Piabuo, Serge Mandiefe; Tieguhong, Julius Chupezi

2017-12-01

African leaders accepted in the year 2001 through the Abuja Declaration to allocate 15% of their government expenditure on health but by 2013 only five (5) African countries achieved this target. In this paper, a comparative analysis on the impact of health expenditure between countries in the CEMAC sub-region and five other African countries that achieved the Abuja declaration is provided. Data for this study was extracted from the World Development Indicators (2016) database, panel ordinary least square (OLS), fully modified ordinary least square (FMOLS) and dynamic ordinary least square (DOLS) were used as econometric technic of analysis. Results showed that health expenditure has a positive and significant effect on economic growth in both samples. A unit change in health expenditure can potentially increase GDP per capita by 0.38 and 0.3 units for the five other African countries that achieve the Abuja target and for CEMAC countries respectively, a significant difference of 0.08 units among the two samples. In addition, a long-run relationship also exist between health expenditure and economic growth for both groups of countries. Thus African Economies are strongly advised to achieve the Abuja target especially when other socio-economic and political factors are efficient.

Sociopolitical and economic elements to explain the environmental performance of countries.

Science.gov (United States)

Almeida, Thiago Alexandre das Neves; García-Sánchez, Isabel-María

2017-01-01

The present research explains environmental performance using an ecological composite index as the dependent variable and focusing on two national dimensions: sociopolitical characteristics and economics. Environmental performance is measured using the Composite Index of Environmental Performance (CIEP) indicator proposed by García-Sánchez et al. (2015). The first model performs a factor analysis to aggregate the variables according to each analyzed dimension. In the second model, the estimation is run using only single variables. Both models are estimated using generalized least square estimation (GLS) using panel data from 152 countries and 6 years. The results show that sociopolitical factors and international trade have a positive effect on environmental performance. When the variables are separately analyzed, democracy and social policy have a positive effect on environmental performance while transport, infrastructure, consumption of goods, and tourism have a negative effect. Further observation is that the trade-off between importing and exporting countries overshadows the pollution caused by production. It was also observed that infrastructure has a negative coefficient for developing countries and positive for developed countries. The best performances are in the democratic and richer countries that are located in Europe, while the worst environmental performance is by the nondemocratic and the poorest countries, which are on the African continent.

Which countries bid for the Olympic Games? Economic, political, and social factors and chances of winning

OpenAIRE

Maennig, Wolfgang; Vierhaus, Christopher

2016-01-01

This contribution analyzes 132 factors on their potential to discriminate countries bidding for hosting the Olympic Games from non-bidding countries. Our binary, clustered model using generalized estimating equations (GEE) shows that countries recording long-term economic growth and pursuing a liberalization and globalization policy will consider an Olympic bid. In addition, countries with an urban population above 10 million, with stable election results and an improvement in health standard...

Paediatric Palliative Care in Resource-Poor Countries

Directory of Open Access Journals (Sweden)

Julia Downing

2018-02-01

Full Text Available There is a great need for paediatric palliative care (PPC services globally, but access to services is lacking in many parts of the world, particularly in resource-poor settings. Globally it is estimated that 21.6 million children need access to palliative care, with 8.2 needing specialist services. PC has been identified as important within the global health agenda e.g., within universal health coverage, and a recent Lancet commission report recognised the need for PPC. However, a variety of challenges have been identified to PPC development globally such as: access to treatment, access to medications such as oral morphine, opiophobia, a lack of trained health and social care professionals, a lack of PPC policies and a lack of awareness about PPC. These challenges can be overcome utilising a variety of strategies including advocacy and public awareness, education, access to medications, implementation and research. Examples will be discussed impacting on the provision of PPC in resource-poor settings. High-quality PPC service provision can be provided with resource-poor settings, and there is an urgent need to scale up affordable, accessible, and quality PPC services globally to ensure that all children needing palliative care can access it.

On the cointegration and causality between oil market, nuclear energy consumption, and economic growth: evidence from developed countries

International Nuclear Information System (INIS)

Naser, Hanan

2017-01-01

This study uses Johansen cointegration technique to examine both the equilibrium relationship and the causality between oil consumption, nuclear energy consumption, oil price and economic growth. To do so, four industrialized countries including the USA, Canada, Japan, and France are investigated over the period from 1965 to 2010. The cointegration test results suggest that the proposed variables tend to move together in the long run in all countries. In addition, the causal linkage between the variables is scrutinized through the exogeneity test. The results point that energy consumption (i.e., oil or nuclear) has either a predictive power for economic growth, or feedback impact with real GDP growth in all countries. Results suggest that oil consumption is not only a major factor of economic growth in all the investigated countries, it also has a predictive power for real GDP in the USA, Japan, and France. Precisely, increasing oil consumption by 1% increases the economic growth in Canada by 3.1%., where increasing nuclear energy consumption by 1% in Japan and France increases economic growth by 0.108 and 0.262%, respectively. Regarding nuclear energy consumption-growth nexus, results illustrate that nuclear energy consumption has a predictive power for real economic growth in the USA, Canada, and France. On the basis of speed of adjustment, it is concluded that there is bidirectional causality between oil consumption and economic growth in Canada. On the other hand, there is bidirectional causal relationship between nuclear energy consumption and real GDP growth in Japan. (orig.)

On the cointegration and causality between oil market, nuclear energy consumption, and economic growth: evidence from developed countries

Energy Technology Data Exchange (ETDEWEB)

Naser, Hanan [Arab Open University, Faculty of Business Studies, A' ali (Bahrain)

2017-06-15

This study uses Johansen cointegration technique to examine both the equilibrium relationship and the causality between oil consumption, nuclear energy consumption, oil price and economic growth. To do so, four industrialized countries including the USA, Canada, Japan, and France are investigated over the period from 1965 to 2010. The cointegration test results suggest that the proposed variables tend to move together in the long run in all countries. In addition, the causal linkage between the variables is scrutinized through the exogeneity test. The results point that energy consumption (i.e., oil or nuclear) has either a predictive power for economic growth, or feedback impact with real GDP growth in all countries. Results suggest that oil consumption is not only a major factor of economic growth in all the investigated countries, it also has a predictive power for real GDP in the USA, Japan, and France. Precisely, increasing oil consumption by 1% increases the economic growth in Canada by 3.1%., where increasing nuclear energy consumption by 1% in Japan and France increases economic growth by 0.108 and 0.262%, respectively. Regarding nuclear energy consumption-growth nexus, results illustrate that nuclear energy consumption has a predictive power for real economic growth in the USA, Canada, and France. On the basis of speed of adjustment, it is concluded that there is bidirectional causality between oil consumption and economic growth in Canada. On the other hand, there is bidirectional causal relationship between nuclear energy consumption and real GDP growth in Japan. (orig.)

Beyond the rhetoric of choice: Promoting women's economic empowerment in developed countries

NARCIS (Netherlands)

Vinkenburg, C.J.

2015-01-01

In preparing for the 20-year review of the Beijing Platform for Action on women's economic empowerment, both formal policy documents and media coverage in developed countries such as the Netherlands resonate with the rhetoric of choice between work and care. In this article, my central argument is

The Economics of the Security Dilemma in the Eastern Baltic Economic Dilemmas of the Security Policy of the Eastern Baltic Countries

Directory of Open Access Journals (Sweden)

Mezhevich N. M.

2018-05-01

Full Text Available This article considers military security in the Eastern Baltic. The research focuses on the economic sustainability of Estonia, Latvia, and Lithuania in the context of military spending. The authors maintain that an increase in military spending can either strengthen or weaken national economic and technological potential. In Germany or Sweden, military spending accounts for a smaller proportion of the GDP or budget revenues, but it is integrated into the general model of innovative and technological development. In the case of the Baltics, it is advisable to estimate military spending as a proportion of budget revenues rather than that of GDP — this recommendation applies to all smaller states. The authors stress that the central component of any national military and economic development is a focus on general national objectives rather than solely military ones. Economically advanced countries integrate defence spending into their investment and innovation strategies and industrial policies. Smaller countries — and the Baltics are no exception — do not apply this principle. Their military spending does not contribute to the technological and economic agenda. The article shows that the military spending of Lithuania, Latvia and Estonia undermines their investment potential and serves as a critical factor in their national and governmental development. The authors suggest estimating military spending as a proportion of budget revenues rather than that of GDP.

An exhaustive approach for identification of flood risk hotspots in data poor regions enforcing combined geomorphic and socio-economic indicators

Science.gov (United States)

Mohanty, M. P.; Karmakar, S.; Ghosh, S.

2017-12-01

Many countries across the Globe are victims of floods. To monitor them, various sophisticated algorithms and flood models are used by the scientific community. However, there still lies a gap to efficiently mapping flood risk. The limitations being: (i) scarcity of extensive data inputs required for precise flood modeling, (ii) fizzling performance of models in large and complex terrains (iii) high computational cost and time, and (iv) inexpertise in handling model simulations by civic bodies. These factors trigger the necessity of incorporating uncomplicated and inexpensive, yet precise approaches to identify areas at different levels of flood risk. The present study addresses this issue by utilizing various easily available, low cost data in a GIS environment for a large flood prone and data poor region. A set of geomorphic indicators of Digital Elevation Model (DEM) are analysed through linear binary classification, and are used to identify the flood hazard. The performance of these indicators is then investigated using receiver operating characteristics (ROC) curve, whereas the calibration and validation of the derived flood maps are accomplished through a comparison with dynamically coupled 1-D 2-D flood model outputs. A high degree of similarity on flood inundation proves the reliability of the proposed approach in identifying flood hazard. On the other hand, an extensive list of socio-economic indicators is selected to represent the flood vulnerability at a very finer forward sortation level using multivariate Data Envelopment Analysis (DEA). A set of bivariate flood risk maps is derived combining the flood hazard and socio-economic vulnerability maps. Given the acute problem of floods in developing countries, the proposed methodology which may be characterized by low computational cost, lesser data requirement and limited flood modeling complexity may facilitate local authorities and planners for deriving effective flood management strategies.

Body mass index of children and youth with an intellectual disability by country economic status.

Science.gov (United States)

Lloyd, Meghann; Foley, John T; Temple, Viviene A

2014-12-01

Individuals with intellectual disabilities are at higher risk for health disparities including overweight and obesity; however, little is known at the population level about the BMI status of children and youth with intellectual disabilities. This study is a secondary analysis of BMI status (underweight, normal weight, overweight and obese) in children and youth (8-Olympics by country economic status. A total of 14,032 participants (n=8,856 male) measured height and weight records were available from the Special Olympics International Health Promotion database. The 141 countries in the database were re-coded according to the World Bank's classification of country economic status. BMI prevalence rates were calculated for underweight, normal weight, overweight, and obesity for children and youth using IOTF cutoffs by economic status. Chi-squared analyses and Fisher's exact test were used to examine differences in weight status by economy and sex. Overall, 27.87% of Special Olympics participants from low-income economies, 31.04% from lower middle-income, 25.29% from upper middle-income, and 42.36% from high-income economies had BMI levels outside of the normal range. The low-income countries had higher rates of underweight and the high-income countries had higher rates of obesity. The high levels of both underweight and overweight/obesity found in this population of children and youth participating in Special Olympics represents a double burden of health risk. More research is needed to understand why this population experiences such disparities in BMI status and to develop health promotion initiatives targeted at this population. Copyright © 2014 Elsevier Inc. All rights reserved.

Alcohol taxation, economic recession, and mortality changes in five European countries

Directory of Open Access Journals (Sweden)

Andreeva, Tatiana

2012-07-01

Full Text Available BACKGROUND: Since 2008 some mortality decline is observed in several European countries including Latvia, Lithuania, and Ukraine. We hypothesized that this decline could be caused by decreased alcohol use facilitated by both economic recession and alcohol taxation. This study aimed to check this hypothesis.METHODS: Besides the abovementioned countries which suffered from the economic recession and have increased alcohol excise taxes, we considered data from the WHO-Euro mortality database for Poland which did not suffer from GDP decline and Ireland which decreased alcohol excise in 2009. Both per capita GDP growth change (from -18% in Latvia to +2% in Poland and alcohol excise change (from -20% in Ireland to +60% in Ukraine compared to 2008 rates were considered as independent variables. The outcome was percentage of real mortality decline compared to 2009 extrapolation of 2000-2008 trends, which were built using linear regression separately for major groups of death causes earlier shown to have changed in 2009. Population groups aged 30-59 were considered as those whose mortality declined most.RESULTS: Ten percent increase in alcohol excise taxes was associated with 9.4% decline in respiratory mortality from expected rate, 5.7% decline in causes of death related to nervous system, 4.9% decline in external causes of death, 4.8% decline in circulatory system deaths, 3.5% decline in infectious diseases as causes of death. Cardiovascular mortality decline was marginally associated with measurements of economic crisis (0.7% decline per 1% GDP fall.DISCUSSION: During the economic recession, the portion of all-causes mortality that has declined is most likely alcohol-related. Death causes that have mostly declined during the recession are more strongly associated with alcohol taxation than with GDP fall. Cardiovascular deaths decline related to the economic crisis could have been related to diet changes including smaller proportion of fatty and

Impact of Technology and Culture on Home Economics and Nutrition Science Education in Developing Countries

Science.gov (United States)

Aburime, M. O.; Uhomoibhi, J. O.

2010-01-01

Purpose: The purpose of this paper is to examine and report on the impact of technology and culture on home economics and nutrition science education in developing countries with a focus on Nigeria. Design/methodology/approach: Globally and most especially in developing countries, the advent of information and communication technologies has meant…

The evaluation of Foreign Direct Investments and their impact in the economics of some transition countries: the case of Kosovo

Directory of Open Access Journals (Sweden)

Halil Kukaj

2017-03-01

Full Text Available The Foreign Direct Investment is suggested to have a positive impact on the economic growth of many countries, especially in the transition countries such as Kosovo. During the last century, the world has witnessed remarkable growth of FDI because they impact positively the overall strategy for economic and social development. This article will provide a general review of the FDIs and will focus on their economic implication on the developing countries and especially in Kosovo and some other Western Balkan countries. The paper will clarify the main causes of failure of foreign direct investments and will revile the importance of indicators that are mainly of institutional nature. It is estimated that FDIs impact the economic development of the host country through two main channels: firstly, FDIs increase the domestic capital and increase the efficiency through the improvement of managerial skills, the transfer of new technology or through the bringing of more effective marketing strategies, innovations and best practices, secondly: the effect of FDIs varies much from the specifications of the country in terms of their capacity to absorb the FDIs, the ability to diversify them and their ability to connect the FDIs with the domestic investments.

Technical fixes and other problems in saving lives in the world's poorest countries.

Science.gov (United States)

Reich, M R

1988-01-01

4 types of impediments are suggested to the 3 kinds of technology that now promise great advances for health conditions in poor countries, i.e., the classical public health measures, the miracle drugs and machines of modern medicine, and the emerging processes of the new biology. These barriers -- the inherent limitations of technology, economic constraints on implementation, social and cultural obstacles to adoption, and the political processes of the health system -- are reviewed in an effort to clarify the role of technology in saving lives in the world's poorest countries. To start, it is necessary to recognize the inherent limitations of technical innovations in reducing mortality rates. A new drug, such as praziquantel, may be effective in humans in combatting the parasite responsible for schistosomiasis, yet as long as water supplies and snails remain contaminated and poor sanitation and water use habits persist, the cycle of disease transmission also may persist, meaning people can be reinfected. Disease control is affected critically by the interaction of society with the environment. Thus, the effectiveness of certain privately produced drugs in controlling disease depends on implementing the appropriate public health measures. Technology also has shown limited capability to eradicate diseases. The 1st and only successful case of intentional disease elimination is smallpox. Regarding economics, only 0.95% of the gross national product (GNP) in 22 low-income countries in sub-Saharan Africa went for the government's health budget. Government expenditures on health are limited. Poor countries traditionally have depended heavily on foreign assistance to provide health supplies, and recent cutbacks in US foreign aid have cut into the health programs of poor countries. The lack of a strong social infrastructure presents a major obstacle to the application of health technology in poor nations. Social behavior and cultural patterns also can interfere with the

SOCIAL-ECONOMIC ASPECTS OF CYBERCRIME

Directory of Open Access Journals (Sweden)

Aleksandar Ilievski

2016-09-01

Full Text Available The purpose of the study is to highlight the main issues of developing countries regarding cybercrime and examine the possible link between weak economic development and escalating levels of cybercrime. The findings were established on the basis of literature review, comparative studies and the synthesis of findings. The existing sociological theories of crime are not limited to traditional crime and may be used for the interpretation of its cyber version. By analysing individual sociological theories and the results of empirical research, we found that social-economic factors, such as GDP per capita, unemployment and education, are closely related to the incidence of cybercrime in different countries. This enables us to conclude that the relatively poor economic development is one of the reasons contributing to a higher incidence of cybercrime in Eastern European countries. By taking into account factors of different nature, one could increase the understanding of cybercrime and the possibility of adopting and implementing reliable preventive measures. However, this paper strives not only to understand the factors related to cybercrime, but also to raise awareness, stimulate a proactive approach and develop preventive actions in the fight against cybercrime.

The Budget Mechanism for the Socio-Economic Development of Country

Directory of Open Access Journals (Sweden)

Gavrilova Lidia V.

2017-11-01

Full Text Available The article is aimed at studying the relationships between the efficiency of the budget policy and the socio-economic development of country, assessment of the implementation of expenditures of the consolidated budget of Ukraine for financing certain programs of social development. It has been found that economic growth is possible due to the development of both the real sector of the economy and the budgetary support of projects in the sphere of health, education and culture. An important criterion for the success of the budget policy is also the level of accessibility of the public services contributing to the productive economic activity. A systemic instrument for implementation of budget policy is the program-target method, which allows to assess achievements of concrete results at all stages of budget process. It is based on the budget programs, which represent a complex of interrelated tasks and activities aimed at solving the most important problems of development of the State, individual branches of economy, and administrative-territorial units.

Economic crisis and convergence in the Eurozone countries

Directory of Open Access Journals (Sweden)

Ferreiro Jesús

2017-01-01

Full Text Available Although a key condition for the creation of a monetary union is the existence of similar structural characteristics that reduce the existence and incidence of asymmetric shocks, in the case of the Eurozone, most, if not all, studies have emphasized the existence of sizeable divergences both in the macroeconomic performances and in the structural elements of the Eurozone countries. The objective of the paper is to analyse whether the economic and financial crisis that is affecting the Eurozone since the year 2008 has had any impact of the coherence of the Eurozone, that is, whether after 2008 the differences in the macroeconomic performance of the euro counties are declining (convergence or increasing (divergence.

[The report of the Commission on Macroeconomics and Health: its relevance to the countries of Latin America and the Caribbean].

Science.gov (United States)

2002-09-01

The Commission on Macroeconomics and Health (CMH) was established by the Director-General of the World Health Organization (WHO) to evaluate the role of health in economic development. On 20 December 2001 the CMH submitted its report to the WHO Director-General. Entitled Macroeconomics and Health: Investing in Health for Economic Development, the CMH report affirms that in order to reduce poverty; and achieve economic development, it is essential to improve the health of the poor; to accomplish this, it is necessary to expand the access that the poor have to essential health services. The Commission believes that more financial resources are needed, that the health expenditures of less-developed and low-income countries are insufficient for the challenges that these countries face, and that high-income countries must increase their financial assistance in order to help solve the main health problems of less-developed and low-income countries. This piece summarizes a report that was prepared by the Program on Public Policy and Health of the Division of Health and Human Development of the Pan American Health Organization (PAHO). The PAHO document analyzes the importance of the CMH report for the countries of Latin America and the Caribbean, focusing on some of the central arguments put forth in the CMH report as they relate to achieving better health conditions in the Americas. These arguments have been organized around three major themes in the CMH report: a) the relationships between health and economic growth, b) the principal health problems that affect the poor in low-income and low-middle-income#10; countries, and c) the gap between the funding needed to address the principal problems that affect these countries and the actual spending levels. #10;

Mortality and economic instability: detailed analyses for Britain and comparative analyses for selected industrialized countries.

Science.gov (United States)

Brenner, M H

1983-01-01

This paper discusses a first-stage analysis of the link of unemployment rates, as well as other economic, social and environmental health risk factors, to mortality rates in postwar Britain. The results presented represent part of an international study of the impact of economic change on mortality patterns in industrialized countries. The mortality patterns examined include total and infant mortality and (by cause) cardiovascular (total), cerebrovascular and heart disease, cirrhosis of the liver, and suicide, homicide and motor vehicle accidents. Among the most prominent factors that beneficially influence postwar mortality patterns in England/Wales and Scotland are economic growth and stability and health service availability. A principal detrimental factor to health is a high rate of unemployment. Additional factors that have an adverse influence on mortality rates are cigarette consumption and heavy alcohol use and unusually cold winter temperatures (especially in Scotland). The model of mortality that includes both economic changes and behavioral and environmental risk factors was successfully applied to infant mortality rates in the interwar period. In addition, the "simple" economic change model of mortality (using only economic indicators) was applied to other industrialized countries. In Canada, the United States, the United Kingdom, and Sweden, the simple version of the economic change model could be successfully applied only if the analysis was begun before World War II; for analysis beginning in the postwar era, the more sophisticated economic change model, including behavioral and environmental risk factors, was required. In France, West Germany, Italy, and Spain, by contrast, some success was achieved using the simple economic change model.

Population growth and economic development.

Science.gov (United States)

Corbridge, S

1989-01-01

The Malthusian and neo-Malthusian approaches to the role of population growth in economic development and resource depletion are briefly outlined. Three arguments are then presented that emphasize demographic determinism, empirical evidence, and cause and effect. The author concludes that non-coercive family planning programs may have a role to play in countries that are unable to reduce inequalities, particularly for the poor and for women.

Economic liberalization and globalization vs. India's poor

OpenAIRE

Oschinski, Matthias

2003-01-01

Today, many in the national and international NGO community perceive globalization and economic liberalization as a threat claiming that it widens inequalities and increases overall poverty. While it is true that inequality is on the rise in a rapidly globalizing world the real culprit is not globalization itself but rather a lack of economic reforms and economic liberalization. This paper aims to show that many in the international NGO community confuse cause and effect. The root cause of po...

Endogenous Population Dynamics and Economic Growth with Free Trade between Countries

OpenAIRE

Wei-Bin Zhang

2016-01-01

This paper builds a model to deal with dynamic interdependence between different countries' birth rates, mortality rates, populations, wealth accumulation, and time distributions between working, leisure and children caring. The model shows the role of human capital, technological and preference changes on national differences in birth rates, mortality rates, time distributions, population change, and wealth accumulation. The economic mechanisms of wealth accumulation, production and trade ar...

The economic impact of assisted reproductive technology: a review of selected developed countries.

Science.gov (United States)

Chambers, Georgina M; Sullivan, Elizabeth A; Ishihara, Osamu; Chapman, Michael G; Adamson, G David

2009-06-01

To compare regulatory and economic aspects of assisted reproductive technologies (ART) in developed countries. Comparative policy and economic analysis. Couples undergoing ART treatment in the United States, Canada, United Kingdom, Scandinavia, Japan, and Australia. Description of regulatory and financing arrangements, cycle costs, cost-effectiveness ratios, total expenditure, utilization, and price elasticity. Regulation and financing of ART share few general characteristics in developed countries. The cost of treatment reflects the costliness of the underlying healthcare system rather than the regulatory or funding environment. The cost (in 2006 United States dollars) of a standard IVF cycle ranged from $12,513 in the United States to $3,956 in Japan. The cost per live birth was highest in the United States and United Kingdom ($41,132 and $40,364, respectively) and lowest in Scandinavia and Japan ($24,485 and $24,329, respectively). The cost of an IVF cycle after government subsidization ranged from 50% of annual disposable income in the United States to 6% in Australia. The cost of ART treatment did not exceed 0.25% of total healthcare expenditure in any country. Australia and Scandinavia were the only country/region to reach levels of utilization approximating demand, with North America meeting only 24% of estimated demand. Demand displayed variable price elasticity. Assisted reproductive technology is expensive from a patient perspective but not from a societal perspective. Only countries with funding arrangements that minimize out-of-pocket expenses met expected demand. Funding mechanisms should maximize efficiency and equity of access while minimizing the potential harm from multiple births.

Compare the Effect of Health on Iranian Economic Growth and Vision Basin Countries

Directory of Open Access Journals (Sweden)

A AlaviRad

2014-09-01

Conclusion: Results show that spending money on health and rewardingly achieving health and additional desirability can be effective on economic growth increase. Health condition in Iran has also positive effect on economic growth, but in comparison, Iran is among thecountries that gets lower results by spending more. This can be considered as motivation for Policy makers to pay more attention to health condition in Sanad-e-CheshmAndaz countries. However, there are some questions remaining about appropriating resources as well as efficiency.

Effects of Female Education on Economic Growth: A Cross Country Empirical Study

Science.gov (United States)

Oztunc, Hakan; Oo, Zar Chi; Serin, Zehra Vildan

2015-01-01

This study examines the extent to which women's education affects long-term economic growth in the Asia Pacific region. It focuses on the time period between 1990 and 2010, using data collected in randomly selected Asia Pacific countries: Bangladesh, Cambodia, China, India, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Thailand, and Vietnam.…

Induced abortion in Denmark: effect of socio-economic situation and country of birth

DEFF Research Database (Denmark)

Rasch, Vibeke; Gammeltoft, Tine; Knudsen, Lisbeth B

2007-01-01

study focuses on how socio-economic characteristics and country of birth are associated with induced abortion. METHODS: A structured questionnaire was used to collect information among 1351 women requesting abortion and a control group of 1306 women intending birth. RESULTS: The strongest factor...

An Analysis of Conditional Dependencies of Covariance Matrices for Economic Processes in Selected EU Countries

Directory of Open Access Journals (Sweden)

Janiga-Ćmiel Anna

2016-12-01

Full Text Available The paper looks at the issues related to the research on and assessment of the contagion effect. Based on several examinations of two selected EU countries, Poland paired with one of the EU member states; it presents the interaction between their economic development. A DCC-GARCH model constructed for the purpose of the study was used to generate a covariance matrix Ht, which enabled the calculation of correlation matrices Rt. The resulting variance vectors were used to present a linear correlation model on which a further analysis of the contagion effect was based. The aim of the study was to test a contagion effect among selected EU countries in the years 2000–2014. The transmission channel under study was the GDP of a selected country. The empirical studies confirmed the existence of the contagion effect between the economic development of the Polish and selected EU economies.

An analysis of Liberia's 2007 national health policy: lessons for health systems strengthening and chronic disease care in poor, post-conflict countries

Directory of Open Access Journals (Sweden)

Chan Brian T

2011-10-01

Full Text Available Abstract Background Globally, chronic diseases are responsible for an enormous burden of deaths, disability, and economic loss, yet little is known about the optimal health sector response to chronic diseases in poor, post-conflict countries. Liberia's experience in strengthening health systems and health financing overall, and addressing HIV/AIDS and mental health in particular, provides a relevant case study for international stakeholders and policymakers in other poor, post-conflict countries seeking to understand and prioritize the global response to chronic diseases. Methods We conducted a historical review of Liberia's post-conflict policies and their impact on general economic and health indicators, as well as on health systems strengthening and chronic disease care and treatment. Key sources included primary documents from Liberia's Ministry of Health and Social Welfare, published and gray literature, and personal communications from key stakeholders engaged in Liberia's Health Sector Reform. In this case study, we examine the early reconstruction of Liberia's health care system from the end of conflict in 2003 to the present time, highlight challenges and lessons learned from this initial experience, and describe future directions for health systems strengthening and chronic disease care and treatment in Liberia. Results Six key lessons emerge from this analysis: (i the 2007 National Health Policy's 'one size fits all' approach met aggregate planning targets but resulted in significant gaps and inefficiencies throughout the system; (ii the innovative Health Sector Pool Fund proved to be an effective financing mechanism to recruit and align health actors with the 2007 National Health Policy; (iii a substantial rural health delivery gap remains, but it could be bridged with a robust cadre of community health workers integrated into the primary health care system; (iv effective strategies for HIV/AIDS care in other settings should be

Economic calculation in socialist countries

NARCIS (Netherlands)

Ellman, M.; Durlauf, S.N.; Blume, L.E.

2008-01-01

In the 1930s, when the classical socialist system emerged, economic decisions were based not on detailed and precise economic methods of calculation but on rough and ready political methods. An important method of economic calculation - particularly in the post-Stalin period - was that of

Corruption in economic development - beneficial grease, minor annoyance, or major obstacle?

OpenAIRE

Shang-Jin Wei

1999-01-01

The author reviews the overwhelming statistical evidence that countries with high levels of corruption experience poor economic performance. Corruption hinders economic development by reducing domestic investment, discouraging foreign direct investment, encouraging overspending in government, and distorting the composition of government spending (away from education, health, and infrastructure maintenance toward less efficient but more manipulable public projects). The World Bank and the Inte...

Economic and welfare impacts of climate change on developing countries

International Nuclear Information System (INIS)

Winters, P.; Murgai, R.; Sadoulet, E.; De Janvry, A.; Frisvold, G.

1998-01-01

The impact of global climate change on developing countries is analyzed using CGE-multimarket models for three archetype economies representing the poor cereal importing nations of Africa, Asia, and Latin America. The objective is to compare the effects of climate change on the macroeconomic performance, sectoral resource allocation, and household welfare across continents. Simulations help identify those underlying structural features of economies which are the primary determinants of differential impacts; these are suggestive of policy instruments to countervail undesirable effects. Results show that all these countries will potentially suffer income and production losses. However, Africa, with its low substitution possibilities between imported and domestic foods, fares worst in terms of income losses and the drop in consumption of low income households. Countervailing policies to mitigate negative effects should focus on integration in the international market and the production of food crops in Africa, and on the production of export crops in Latin America and Asia. 46 refs

EU CONTRIBUTION TO SUPPORT DEVELOPING COUNTRIES

Directory of Open Access Journals (Sweden)

Diana Popa

2012-06-01

Full Text Available The paper deals with the EU aid concerning to improved the economic situation from developing countries. Therefore, the aim of this research is to identify how EU states contribute to helping poor countries, members of the World Trade Organization. For the beginning, we define the EU’position before, during and after the Doha Round – a round of WTO multilateral trade negotiations. Moreover, we analyse the development dimension, focusing on countries „marginalized” until early of XXI century in terms of international trade, because this represents the idea-axis of the Doha Round. In this context, the EU – one of the leading global commercial players and a key member of the institution mentioned above – has set several objectives to achieve the basic goal of negotiations and several ways to support developing countries. To conclude, we propose to define the key points of the European aid for least developed and developing countries.

Constructing Aggregate Environmental-Economic Indicators. A Comparison of 12 OECD Countries

Energy Technology Data Exchange (ETDEWEB)

Van den Bergh, C.J.M. [Tinbergen Institute, Labor, Region and Environment, Amsterdam/Rotterdam (Netherlands); Van Veen-Groot, D.B. [Department of Spatial Economics, Faculty of Economics and Econometrics, Vrije Universiteit Amsterdam, Amsterdam (Netherlands)

1999-07-01

The application of aggregate indicators in environmental-economic research has received little attention so far. An important reason is the incompleteness of environmental data. This article presents a systematic approach to construct indicators of environment and economy on a macro level. It includes a distinction into the following categories: the volume of economic activities as an indicator of potential environmental pressure; actual environmental pressure; environmental quality; and environmental policy. In each category aggregate indicators are calculated for 12 OECD countries. Subsequently, the correlation between these indicators is examined. Significant correlation is found between the economic activity indicators (or 'potential' environmental pressure), actual environmental pressure and environmental quality, whereas a very weak correlation exists with these indicators and two types of aggregate indicators of environmental policy. Due to some arbitrary choices, which are inevitable, the results are to be judged with caution. Several suggestions are offered to improve the calculation and comparison of aggregate indicators. 20 refs.

Constructing Aggregate Environmental-Economic Indicators. A Comparison of 12 OECD Countries

International Nuclear Information System (INIS)

Van den Bergh, C.J.M.; Van Veen-Groot, D.B.

1999-01-01

The application of aggregate indicators in environmental-economic research has received little attention so far. An important reason is the incompleteness of environmental data. This article presents a systematic approach to construct indicators of environment and economy on a macro level. It includes a distinction into the following categories: the volume of economic activities as an indicator of potential environmental pressure; actual environmental pressure; environmental quality; and environmental policy. In each category aggregate indicators are calculated for 12 OECD countries. Subsequently, the correlation between these indicators is examined. Significant correlation is found between the economic activity indicators (or 'potential' environmental pressure), actual environmental pressure and environmental quality, whereas a very weak correlation exists with these indicators and two types of aggregate indicators of environmental policy. Due to some arbitrary choices, which are inevitable, the results are to be judged with caution. Several suggestions are offered to improve the calculation and comparison of aggregate indicators. 20 refs

Overcoming political, social and economic barriers to promote solar photovoltaic technology in a developing country

International Nuclear Information System (INIS)

Wijesooriya, P.; Hande, H.; Gunaratne, L.

1994-01-01

This paper narrates the experiences of a private sector commercial company and that of a private developers (non-profit organization) in their efforts to promote solar PV in a developing country. The country chosen is Sri Lanka, in which a considerable PV effort has already been witnessed. However, substantial political, economic and social barriers exist which have hindered PV promotion in that country. The authors point that similar constraints may impede promotional efforts in many developing countries and recommend that a global paradigm to promote the technology must assign an important role to the issue of obstacles

Economic impacts of health shocks on households in low and middle income countries: a review of the literature.

Science.gov (United States)

Alam, Khurshid; Mahal, Ajay

2014-04-03

Poor health is a source of impoverishment among households in low -and middle- income countries (LMICs) and a subject of voluminous literature in recent years. This paper reviews recent empirical literature on measuring the economic impacts of health shocks on households. Key inclusion criteria were studies that explored household level economic outcomes (burden of out-of-pocket (OOP) health spending, labour supply responses and non-medical consumption) of health shocks and sought to correct for the likely endogeneity of health shocks, in addition to studies that measured catastrophic and impoverishment effects of ill health. The review only considered literature in the English language and excluded studies published before 2000 since these have been included in previous reviews. We identified 105 relevant articles, reports, and books. Our review confirmed the major conclusion of earlier reviews based on the pre-2000 literature--that households in LMICs bear a high but variable burden of OOP health expenditure. Households use a range of sources such as income, savings, borrowing, using loans or mortgages, and selling assets and livestock to meet OOP health spending. Health shocks also cause significant reductions in labour supply among households in LMICs, and households (particularly low-income ones) are unable to fully smooth income losses from moderate and severe health shocks. Available evidence rejects the hypothesis of full consumption insurance in the face of major health shocks. Our review suggests additional research on measuring and harmonizing indicators of health shocks and economic outcomes, measuring economic implications of non-communicable diseases for households and analyses based on longitudinal data. Policymakers need to include non-health system interventions, including access to credit and disability insurance in addition to support formal insurance programs to ameliorate the economic impacts of health shocks.

THE EXTENT TO WHICH DEVELOPING COUNTRIES ARE INVOLVED IN INTERNATIONAL FINANCIALFLOWS AND THE MAIN EFFECTS ON ECONOMIC DEVELOPMENT

Directory of Open Access Journals (Sweden)

Carmen\tBOGHEAN

2015-06-01

Full Text Available Foreign direct investments are an important factor for economic growth and development. Throughout time, the source and destination of foreign direct investments have undergone significant changes and thus, starting with the 2000’s there has been an increasingly more global involvement of developing countries in the global flow of foreign direct investments. These countries are currently accountable for more than a quarter of the global outward FDI flows and for almost half of the total global inward FDI flows. In light of the changes that have occurred worldwide after the global financial crisis, the economic policy measures tend to vary from encouraging FDI’s to limiting them. If some countries see FDIs as an important factor for economic growth and global expansion, others only perceive the strong competition from foreign companies, which can lead to a loss of control over domestic capital. At the same time, as the North-South disparity faded, there is evidence that developing countries have become more involved in international financial flows during the past few years. In order to highlight this issue, we have analysed the existing data for a period that has seen a strong financial integration of emerging markets and a decreased volatility of financial flows in advanced industrialised countries (1970-2013. We will particularly approach the relationship between economic growth and international capital flows, with specific reference to foreign direct investment flows (FDI.

The effect of female labour force in economic growth and sustainability in transition economies - case study for SEE countries

Directory of Open Access Journals (Sweden)

Majlinda Mazalliu

2015-07-01

Full Text Available In this research paper, the main theoretical arguments for discussions are as following: female labour force participation in transition countries, female employment in economic sectors and their main barriers, and the contributions of female labour force in economic growth. In methodology, the secondary data are used, and they are calculated through STATA program. The main analysis include: descriptive statistic, regression analysis and correlation matrix. Based on empirical results, the regression analysis has found that economic growth and government effectiveness has a negative impact on female labour force. Financial market development, enterprises reforms, and innovation have a positive impact on female labour force in SEE (South Eastern European countries. In T-statistic analysis all independent variables have shown a negative significance (T <2 on female labour force. In correlation, economic growth and financial development market have negative correlation on female labour force, but other variables have shown positive correlation. SEE countries should develop the female labour force in their economies, so their role may be crucial toward different economic problems and challenges in the modern economy.

Development of women's human capital and its impact on economic growth and total factor productivity: A case study of selected OECD countries

Directory of Open Access Journals (Sweden)

Hajar Mostafaee

2013-06-01

Full Text Available Experiences of developed countries and various studies in the context of economic growth of developing countries have shown that economic growth is not only explained by physical capital and labor force but also, and more importantly, by human capital. The later variable should be entered, as a major determinant, in the endogenous growth model. With the concern of important role of human capital in this research, the primary objective of this paper is to explore the effect of gender discrimination of human capital on economic growth and factor productivity in Iran and the selected OECD countries. More specifically, to indicate the economic capability of educated females, we use data of the considered countries over the period 1974-2008, to estimate the relevant models of growth and productivity. The implication is to compare the empirical results obtained for Iran and the selected developed countries.

Reducing the Incidence of Low Birth Weight in Low-Income Countries Has Substantial Economic Benefits

OpenAIRE

Alderman, Harold; Behrman, Jere R.

2006-01-01

Reducing the incidence of low birth weight not only lowers infant mortality rates but also has multiple benefits over the life cycle. This study estimates the economic benefits of reducing the incidence of low birth weight in low-income countries, both through lower mortality rates and medical costs and through increased learning and productivity. The estimated economic benefits, under pla...

Sharing International Responsibility for the Protection of Poor Migrants? An Analysis of Extraterritorial Socio-Economic Human Rights Law

NARCIS (Netherlands)

Hesselman, Marlies

2013-01-01

This paper analyzes the possible legal bases for or the existence of extraterritorial socio-economic human rights obligations on the part of wealthier European ‘Destination Countries’ vis-à-vis poor migrants. In particular, the paper considers whether obligations of international cooperation and

Family Inequality, School Inequalities, and Mathematics Achievement in 65 Countries: Microeconomic Mechanisms of Rent Seeking and Diminishing Marginal Returns

Science.gov (United States)

Chiu, Ming Ming

2015-01-01

Background/Context: While many studies show that greater economic inequality widens the achievement gap between rich and poor students, recent studies indicate that countries with greater economic inequality have lower overall student achievement. Purpose/Objective/Research Question/Focus of Study: This study explores whether family inequalities…

Literacy, health and economic factors

OpenAIRE

Kukubajska, Marija Emilija; Koceva, Sonja

2015-01-01

Economic disadvantage in less developed regions of the world is expected to result into higher illiteracy rate, among children in particular. Some developed countries do not follow this pattern. A paradox indicates: they pay special attention to nutrition and dietetics, yet record surprising illiteracy. Poor regions welcome new concepts of healthy nutrition and healthy education, while they also integrate existing traditional nutrition, just as developed societies promote health agricultural ...

Determinants of child malnutrition during the 1999 economic crisis in selected poor areas of Indonesia.

Science.gov (United States)

Bardosono, Saptawati; Sastroamidjojo, Soemilah; Lukito, Widjaja

2007-01-01

There is empirical evidence at the national level that suggests the 1999 Indonesian economic crisis impact was very heterogeneous both between urban and rural areas and across regions. A cross sectional study of the nutritional status of children and its determinants was performed in urban poor areas of Jakarta, and rural areas of Banggai in Central Sulawesi, and Alor-Rote in East Nusa Tenggara. Two-stage cluster sampling was used to obtain 1078 households with under-five children in the urban poor area of Jakarta, and 262 and 631 households with under-five children each for the rural areas of Banggai and Alor-Rote, respectively. Data collection for both studies was performed from January 1999 to June 2001. The study shows that wasting affected more children in the urban poor areas of Jakarta than in the other study areas. On the other hand, stunting and anemia were significantly more severe among children 6-59 months of age in the rural area of Alor-Rote compared to the other study areas. The high prevalence of infectious diseases was significantly related to the higher prevalence of wasting in the study areas of Jakarta and Banggai, and also significantly related to the higher prevalence of stunting and anemia in the study area of Alor-Rote. To avert this kind of health impact of a economic downturn, there is a need to improve the nutritional and health status of under-five children and their mothers through the existing health care system, provide basic health services and improve the capacity of health staff across Indonesia as part of the decentralization process.

The effect of economic downturns on maternal mortality among pregnancies with abortive outcomes in 81 countries, 1981-2010.

Science.gov (United States)

Ng, Ka Ying Bonnie; Maruthappu, Mahiben; Farrukh, Jawaad; Williams, Callum; Atun, Rifat; Zeltner, Thomas

2015-08-01

To determine the association between economic downturns and abortion-related maternal mortality in multiple countries over 30 years. In a retrospective study, WHO data were obtained for maternal deaths among pregnancies with abortive outcomes between January 1, 1981, and December 31, 2010. Economic data for the same period were obtained from The World Bank. An economic downturn was defined as an annual decline in gross domestic product per head. Multivariate regression-controlling for country-specific differences in infrastructure, population size, and demographic structure-and 5-year lag analyses were performed. Data were available for 81 countries. Abortion-related maternal mortality was significantly increased in years of economic downturns (R=0.0708; 95% confidence interval [CI] 0.0264-0.1151; P=0.0018). The association was sustained for 4 years after an economic downturn (year 1: R=0.0709 [95% CI 0.0231-0.1187], P=0.0037; year 2: R=0.0634 [0.0178-0.1089], P=0.0065; year 3: R=0.0554 [0.0105-0.1004], P=0.0157; year 4: R=0.0593 [0.0148-0.1037], P=0.009). There was an annual 36% increase in deaths associated with unsafe abortion during economic downturn years. Economic downturns were associated with increased abortion-related maternal mortality, possibly due to changes in government healthcare spending and service provision. A global economic downturn could impede a reduction in maternal mortality. Copyright © 2015 International Federation of Gynecology and Obstetrics. Published by Elsevier Ireland Ltd. All rights reserved.

Studying the Factors of Economic Growth in Countries of Central and Eastern Europe

Directory of Open Access Journals (Sweden)

Cherkas Nataliia I.

2018-03-01

Full Text Available The aim of the article is to study the impact of macroeconomic, technological and institutional indicators on economic growth of countries of Central and Eastern Europe (CEE using a panel data model. A sample of 12 CEE countries for the period 2006-2015 is analyzed. The following methods are used: 1 ordinary least squares (OLS, 2 fixed effects model (FE; 3 random effects model (RE. As a dependent variable there selected GDP per capita based on purchasing power parity, as an independent one — the exchange rate, export of high- and low-tech products, import of high-tech products, innovations. There used additional control variables: foreign direct investment, government efficiency, human capital, the Gini index, and public debt. The results of the study show that the devaluation of the monetary unit adversely affects the economic growth. Asymmetric results of the impact of high-technology and low-technology exports on GDP are obtained. The development of innovation and the improvement of the quality of human capital demonstrate a positive significant impact in terms of all specifications. The obtained results confirm that European integration supports non-price competition of CEE countries in the world market of high-tech products through participation in production networks of the EU-15.

Economic planning and social justice in developing countries

Energy Technology Data Exchange (ETDEWEB)

Mehmet, O

1978-01-01

This book argues that development in LDCs (Less Developed Countries) cannot proceed in a sequential path - with income growth first and distribution after. Instead, egalitarian development, based on a combination of efficiency and equity criteria in the planning process, would emphasize employment creation, human resources, and rural and agricultural development, rather than urban-based industrial growth relying on imported capital-intensive technology. This, complemented with reforms in the political system, would be more in accord with the social needs and realities of LDCs. In particular, decentralized economic planning, responsive to the needs of rural communities, would offer an effective nonviolent revolutionary alternative. It is argued that egalitarian development is not only dependent on domestic reforms in LDCs, but also on a restructuring of international trade, aid and monetary systems for a more-equitable global distribution of income and wealth between nations. The book is divided into three parts: (1) devoted to a critical review of postwar growth and planning strategies; (2) based upon five case studies of Malaysia, Liberia, Pakistan, Brazil and Uganda, examines the influence of elites on economic planning and policy; and (3) offers elements of an egalitarian development planning. The book concludes with a brief summary on egalitarian planning as a non-violent revolution.

The Economic Effects of the Mega Sport Events on Tourism in the BRICS Countries Case

Directory of Open Access Journals (Sweden)

Iuliana Pop

2016-11-01

Full Text Available At the beginning of the 21st century, events tourism witnessed an impressive development in a series of countries due to the increase of the spare time and of the people’s income, to the cheaper and more diversified world transport, especially the air transport and due to the emergence of new destinations. Emergent countries, such as China and Russia, recorded not only an increase in the number of tourists but also in the revenues from tourism activities. One of the reasons is the opening of these countries frontiers in order to reaffirm their power on international level (Golubchikov, 2016. Besides the relaxation, business and religious tourism, the sport tourism becomes more and more important. It also comprises the tourism for mega sport events, such as the Summer and Winter Olympics or the World Championships in different sports. For the organising countries, there is a real challenge to ensure the investments for the infrastructure, although it supports their economic development, being used after the sport events conclusion. Considering the available data from the World Bank and the World Tourism Organization (UNWTO, the authors make a quantitative investigation regarding the impact of the mega sport events on the tourism phenomenon in the BRICS countries. The article also researches a small and specific group of countries (BRICS, considering a niche tourism phenomenon. The article aims to emphasize the role of the mega sport events in the BRICS countries, directly connected with their capacity to economically support the organization of these events and also with the desire to internationally promote their national values.

Diabetes and depression comorbidity and socio-economic status in low and middle income countries (LMICs: a mapping of the evidence

Directory of Open Access Journals (Sweden)

Leone Tiziana

2012-11-01

Full Text Available Abstract Non-communicable diseases account for more than 50% of deaths in adults aged 15–59 years in most low income countries. Depression and diabetes carry an enormous public health burden, making the identification of risk factors for these disorders an important strategy. While socio-economic inequalities in chronic diseases and their risk factors have been studied extensively in high-income countries, very few studies have investigated social inequalities in chronic disease risk factors in low or middle-income countries. Documenting chronic disease risk factors is important for understanding disease burdens in poorer countries and for targeting specific populations for the most effective interventions. The aim of this review is to systematically map the evidence for the association of socio-economic status with diabetes and depression comorbidity in low and middle income countries. The objective is to identify whether there is any evidence on the direction of the relationship: do co-morbidities have an impact on socio-economic status or vice versa and whether the prevalence of diabetes combined with depression is associated with socio-economic status factors within the general population. To date no other study has reviewed the evidence for the extent and nature of this relationship. By systematically mapping the evidence in the broader sense we can identify the policy and interventions implications of existing research, highlight the gaps in knowledge and suggest future research. Only 14 studies were found to analyse the associations between depression and diabetes comorbidity and socio-economic status. Studies show some evidence that the occurrence of depression among people with diabetes is associated with lower socio-economic status. The small evidence base that considers diabetes and depression in low and middle income countries is out of step with the scale of the burden of disease.

Energy and economic growth in industrializing countries

Energy Technology Data Exchange (ETDEWEB)

Samouilidis, J E; Mitropoulos, C S

1984-07-01

This paper investigates some aspects of the interrelated paths of economic growth and energy demand, in the case of an industrializing economy, through the use of numerous econometric models. Translog functions have helped establish that income and price elasticities of energy, two critical parameters in the energy-economy interaction, exhibit falling trends with time. The value share of the industrial sector is strongly associated with both energy demand and energy intensity. Any increase in the former will lead to amplified increases in the latter, rendering the continuation of past trends in industrial expansion questionable under conditions of high energy costs. Substitution among capital, labor and energy does take place, though to a limited extent, as indicated by the aggregate measure of energy/non-energy substitution elasticity. All findings appear to suggest that energy policymaking, in an industrializing country like Greece, will be of low effectiveness until certain structural changes in the economy are realized.

Continuing to Confront COPD International Patient Survey: Economic Impact of COPD in 12 Countries.

Science.gov (United States)

Foo, Jason; Landis, Sarah H; Maskell, Joe; Oh, Yeon-Mok; van der Molen, Thys; Han, MeiLan K; Mannino, David M; Ichinose, Masakazu; Punekar, Yogesh

2016-01-01

The Continuing to Confront COPD International Patient Survey estimated the prevalence and burden of COPD across 12 countries. Using data from this survey we evaluated the economic impact of COPD. This cross-sectional, population-based survey questioned 4,343 subjects aged 40 years and older, fulfilling a case definition of COPD based on self-reported physician diagnosis or symptomatology. Direct cost measures were based on exacerbations of COPD (treated and those requiring emergency department visits and/or hospitalisation), contacts with healthcare professionals, and COPD medications. Indirect costs were calculated from work loss values using the Work Productivity and Activity Impairment scale. Combined direct and indirect costs estimated the total societal costs per patient. The annual direct costs of COPD ranged from $504 (South Korea) to $9,981 (USA), with inpatient hospitalisations (5 countries) and home oxygen therapy (3 countries) being the key drivers of direct costs. The proportion of patients completely prevented from working due to their COPD ranged from 6% (Italy) to 52% (USA and UK) with 8 countries reporting this to be ≥20%. Total societal costs per patient varied widely from $1,721 (Russia) to $30,826 (USA) but a consistent pattern across countries showed greater costs among those with increased burden of COPD (symptoms, health status and more severe disease) and a greater number of comorbidities. The economic burden of COPD is considerable across countries, and requires targeted resources to optimise COPD management encompassing the control of symptoms, prevention of exacerbations and effective treatment of comorbidities. Strategies to allow COPD patients to remain in work are important for addressing the substantial wider societal costs.

Continuing to Confront COPD International Patient Survey: Economic Impact of COPD in 12 Countries.

Directory of Open Access Journals (Sweden)

Jason Foo

Full Text Available The Continuing to Confront COPD International Patient Survey estimated the prevalence and burden of COPD across 12 countries. Using data from this survey we evaluated the economic impact of COPD.This cross-sectional, population-based survey questioned 4,343 subjects aged 40 years and older, fulfilling a case definition of COPD based on self-reported physician diagnosis or symptomatology. Direct cost measures were based on exacerbations of COPD (treated and those requiring emergency department visits and/or hospitalisation, contacts with healthcare professionals, and COPD medications. Indirect costs were calculated from work loss values using the Work Productivity and Activity Impairment scale. Combined direct and indirect costs estimated the total societal costs per patient.The annual direct costs of COPD ranged from $504 (South Korea to $9,981 (USA, with inpatient hospitalisations (5 countries and home oxygen therapy (3 countries being the key drivers of direct costs. The proportion of patients completely prevented from working due to their COPD ranged from 6% (Italy to 52% (USA and UK with 8 countries reporting this to be ≥20%. Total societal costs per patient varied widely from $1,721 (Russia to $30,826 (USA but a consistent pattern across countries showed greater costs among those with increased burden of COPD (symptoms, health status and more severe disease and a greater number of comorbidities.The economic burden of COPD is considerable across countries, and requires targeted resources to optimise COPD management encompassing the control of symptoms, prevention of exacerbations and effective treatment of comorbidities. Strategies to allow COPD patients to remain in work are important for addressing the substantial wider societal costs.

Health and the 2008 economic recession: evidence from the United Kingdom.

Directory of Open Access Journals (Sweden)

Thomas Astell-Burt

Full Text Available The economic recession which began in 2008 has resulted in a substantial increase in unemployment across many countries, including the United Kingdom. Strong association between unemployment and poor health status among individuals is widely recognised. We investigated whether the prevalence of poor health at a population level increased concurrent to the rise in unemployment during the economic recession, and whether the impact on health varied by geographical and socioeconomic circumstances.Health, demographic and socioeconomic measures on 1.36 million survey responses aged 16-64 were extracted from the Quarterly Labour Force Survey of the United Kingdom, collected every three months, from January 2006 to December 2010. The likelihood of self-reporting poor health status and specific types of health problems (depression, mental illness, cardiovascular and respiratory across time were estimated separately using logistic regression. Explanatory variables included economic status (International Labour Organization definition, occupational class, age, gender, country of birth, ethnicity, educational qualifications, couple status, household tenure, number of dependents, and geographical region.Unemployment (age-gender adjusted rose from 4.5% in January 2008 to 7.1% by September 2009. The reporting of poor health status increased from 25.7% in July 2009 to 29.5% by December 2010. Similar increases were found for cardiovascular and respiratory health problems; not depression or mental illness. The prevalence of poor health status among the unemployed decreased from 28.8% in July 2008, to 24.9% by March 2009; but this was followed by an increase in poor health experienced across all regions and by all socioeconomic groups, including those who remained employed, regardless of their occupational class.Although our study found no exacerbation of pre-recession health inequalities, the rise in poor health status not only for the unemployed, but also among

Economic intermittency in a two-country model of business cycles coupled by investment

Energy Technology Data Exchange (ETDEWEB)

Saiki, Y., E-mail: saiki@math.sci.hokudai.ac.jp [Department of Mathematics, Hokkaido University, Sapporo 060-0810 (Japan); Chian, A.C.L. [National Institute for Space Research (INPE) and World Institute for Space Environment Research (WISER), P.O. Box 515, Sao Jose dos Campos-SP 12227-010 (Brazil); California Institute of Technology, Pasadena, CA 91125 (United States); Yoshida, H. [College of Economics, Nihon University, Tokyo 101-8360 (Japan)

2011-06-15

Highlights: > Intermittent economic behavior of Keynes-Goodwin type model is investigated. > After a transition the system keeps its memory before the transition. > The intermittent phenomena is examined from the business cycle patterns. > It is concluded that dynamical patterns do not alter much around the transition. - Abstract: Intermittent behavior of economic dynamics is investigated by a two-country model of Keynes-Goodwin type business cycles. Numerical simulations show that after an economic system evolves from weak chaos to strong chaos the system keeps its memory before the transition and its time series alternates episodically between periods of weakly and strongly chaotic fluctuations. In addition, we examine the intermittent phenomena from the view point of business cycle patterns near the crisis point.

Economic intermittency in a two-country model of business cycles coupled by investment

International Nuclear Information System (INIS)

Saiki, Y.; Chian, A.C.L.; Yoshida, H.

2011-01-01

Highlights: → Intermittent economic behavior of Keynes-Goodwin type model is investigated. → After a transition the system keeps its memory before the transition. → The intermittent phenomena is examined from the business cycle patterns. → It is concluded that dynamical patterns do not alter much around the transition. - Abstract: Intermittent behavior of economic dynamics is investigated by a two-country model of Keynes-Goodwin type business cycles. Numerical simulations show that after an economic system evolves from weak chaos to strong chaos the system keeps its memory before the transition and its time series alternates episodically between periods of weakly and strongly chaotic fluctuations. In addition, we examine the intermittent phenomena from the view point of business cycle patterns near the crisis point.

What have the poorest countries to gain from the Doha Development Agenda (DDA)?

OpenAIRE

James Scott; Rorden Wilkinson

2010-01-01

This paper sets out to examine the likely benefits accruing to developing countries from the Doha Development Agenda (DDA) as it currently stands. In pursuit of this aim, the paper draws from the insights of both the economic and the political economy literatures in pursuit of a more fulsome account of the likely results of the DDA for poor countries. The paper begins with a review of the projected aggregate gains accruing to developing countries from a concluded DDA. It then marries this agg...

Differences in economic development in rural regions of advanced countries: an overview and critical analysis of theories

NARCIS (Netherlands)

Terluin, I.J.

2003-01-01

This article provides an overview and critical analysis of theories on economic development in rural regions in advanced countries. For this purpose, we have consulted literature in regional economics and the multidisciplinary field of rural studies. In order to analyse to which extent these

Ecological study of road traffic injuries in the eastern Mediterranean region: country economic level, road user category and gender perspectives.

Science.gov (United States)

Sengoelge, Mathilde; Laflamme, Lucie; El-Khatib, Ziad

2018-02-13

The Eastern Mediterranean region has the second highest number of road traffic injury mortality rates after the African region based on 2013 data, with road traffic injuries accounting for 27% of the total injury mortality in the region. Globally the number of road traffic deaths has plateaued despite an increase in motorization, but it is uncertain whether this applies to the Region. This study investigated the regional trends in both road traffic injury mortality and morbidity and examined country-based differences considering on income level, categories of road users, and gender distribution. Register-based ecological study linking data from Global Burden of Disease Study with the United Nations Statistics Division for population and World Bank definition for country income level. Road traffic injury mortality rates and disability-adjusted life years were compiled for all ages at country level in 1995, 2005, 2015 and combined for a regional average (n = 22) and a global average (n = 122). The data were stratified by country economic level, road user category and gender. Road traffic injury mortality rates in the Region were higher than the global average for all three reference years but suggest a downward trend. In 2015 mortality rates were more than twice as high in low and high income countries compared to global income averages and motor vehicle occupants had a 3-fold greater mortality than the global average. Severe injuries decreased by more than half for high/middle income countries but remained high for low income countries; three times higher for males than females. Despite a potential downward trend, inequalities in road traffic injury mortality and morbidity burden remain high in the Eastern Mediterranean region. Action needs to be intensified and targeted to implement and enforce safety measures that prevent and mitigate severe motor vehicle crashes in high income countries especially and invest in efforts to promote public, active transport

Export and Economic Growth Nexus in the GCC Countries: A panel Data Approach

Directory of Open Access Journals (Sweden)

hatem Hatef abdulkadhim

2017-12-01

Full Text Available The export and economic growth nexus, which is called Balassa’s Export-Led Growth Hypothesis (ELGH  in the literature, is still an unstill issue in both the theoretical and empirical literature. In the present study, the effect of export on economic growth in  oil exporting developing countries, namely, Bahrain, Saudi Arabia, Qatar,  Kuwait, UAE, and Oman in the 1990–2014 period was tested based on three models, pooled ordinary least squares (POLS, fixed effects model (FEM, and random effects model (REM  via panel data analysis . The findings revealed strong support for the “export-led growth” hypothesis. In addition, our results show that apart from growth in the labor force, investments in capital formation are necessary for economic growth. According to the obtained results, the ability to adopt technological changes in order to increase efficiency, and sustain economic development is also important.

The Impact of Socio-Economic Status on Self-Rated Health: Study of 29 Countries Using European Social Surveys (2002–2008

Directory of Open Access Journals (Sweden)

Carlos Garcia-Alonso

2013-02-01

Full Text Available Studies show that the association between socio-economic status (SES and self-rated health (SRH varies in different countries, however there are not many country-comparisons that examine this relationship over time. The objective of the present study is to determine the effect of three SES measures on SRH in 29 countries according to findings in European Social Surveys (2002–2008, in order to study how socio-economic inequalities can vary our subjective state of health. In line with previous studies, income inequalities seem to be greater not only in Anglo-Saxon and Scandinavian countries, but especially in Eastern European countries. The impact of education is greater in Southern countries, and this effect is similar in Eastern and Scandinavian countries, although occupational status does not produce significant differences in southern countries. This study shows the general relevance of socio-educational factors on SRH. Individual economic conditions are obviously a basic factor contributing to a good state of health, but education could be even more relevant to preserve it. In this sense, policies should not only aim at reducing income inequalities, but should also further the education of people who are in risk of social exclusion.

Obesity and poverty paradox in developed countries.

Science.gov (United States)

Żukiewicz-Sobczak, Wioletta; Wróblewska, Paula; Zwoliński, Jacek; Chmielewska-Badora, Jolanta; Adamczuk, Piotr; Krasowska, Ewelina; Zagórski, Jerzy; Oniszczuk, Anna; Piątek, Jacek; Silny, Wojciech

2014-01-01

Obesity is a civilization disease and the proportion of people suffering from it continues to grow, especially in the developed countries. Number of obese people in Europe has increased threefold over the last 20 years. The paradox of obesity and poverty relationship is observed especially in the developed and developing countries. In developing countries, along with economic development and income growth, the number of people with overweight and obesity is increasing. This paradox has a relationship with both the easy availability and low cost of highly processed foods containing 'empty calories' and no nutritional value. To date, this paradox has been described in the United States and the United Kingdom, although many European countries are also experiencing high percentages of obese people. Among the reasons for the growing obesity in the population of poor people are: higher unemployment, lower education level, and irregular meals. Another cause of obesity is low physical activity, which among the poor is associated with a lack of money for sports equipment. Due to the large rate of deaths caused by diseases directly linked to obesity, the governments of many countries implement prevention programmes of overweight and obesity. These programmes are based primarily on educating the public about a healthy lifestyle based on healthy eating, daily physical activity and avoiding alcohol and cigarettes.

Obesity and poverty paradox in developed countries

Directory of Open Access Journals (Sweden)

Wioletta Żukiewicz-Sobczak

2014-09-01

Full Text Available Obesity is a civilization disease and the proportion of people suffering from it continues to grow, especially in the developed countries. Number of obese people in Europe has increased threefold over the last 20 years. The paradox of obesity and poverty relationship is observed especially in the developed and developing countries. In developing countries, along with economic development and income growth, the number of people with overweight and obesity is increasing. This paradox has a relationship with both the easy availability and low cost of highly processed foods containing ‘empty calories’ and no nutritional value. To date, this paradox has been described in the United States and the United Kingdom, although many European countries are also experiencing high percentages of obese people. Among the reasons for the growing obesity in the population of poor people are: higher unemployment, lower education level, and irregular meals. Another cause of obesity is low physical activity, which among the poor is associated with a lack of money for sports equipment. Due to the large rate of deaths caused by diseases directly linked to obesity, the governments of many countries implement prevention programmes of overweight and obesity. These programmes are based primarily on educating the public about a healthy lifestyle based on healthy eating, daily physical activity and avoiding alcohol and cigarettes.

Global health and local poverty: rich countries' responses to vulnerable populations.

Science.gov (United States)

Simms, Chris D; Persaud, D David

2009-01-01

Poverty is an important determinant of ill health, mortality and suffering across the globe. This commentary asks what we can learn about poverty by looking at the way rich countries respond to the needs of vulnerable populations both within their own societies and those of low-income countries. Taking advantage of recent efforts to redefine child poverty in a way that is consistent with the World Health Organization's Commission on Social Determinants of Health, three sets of data are reviewed: levels of child well-being within 23 Organization of Economic Community Development countries; the amount of official development assistance these countries disburse to poor countries; and, government social transfers targeted at families as a percentage of GDP. Analysis shows that countries in Northern Europe tend to have lower levels of child poverty, and are the most generous with social transfers and providing development assistance to poor countries; in contrast, the non-European countries like Australia, Canada, Japan, and the United States, and generally, the G7 countries, are the least generous towards the vulnerable at home and abroad and tend to have the highest levels of child poverty. The findings suggest that nations' responses tend to be ideologically based rather than evidence or needs based and that poverty is neither inevitable nor intractable.

The Impact of Social Factors on Economic Growth: Empirical Evidence for Romania and European Union Countries

Directory of Open Access Journals (Sweden)

Ana-Maria Popa

2012-12-01

Full Text Available This study analyzes the relationship between the social factors and the economic growth. A summary of social and economic environment is presented for Romania. As such, the paper analyzes the global evolution of social and economic environment over time and establishes a direct correlation between human development and economic welfare. An econometric model and a clustering model are tested for European Union countries. The results of the paper reveal the social factors that are positively correlated with the economic growth (i.e. the expected years of schooling and the life expectancy and, respectively, the factors that are negatively correlated with the economic growth (i.e. the population at risk of poverty and the unemployment rate.

Why Do German Men Marry Women from Less Developed Countries? An Analysis of Transnational Partner Search Based on the German Socio-Economic Panel

OpenAIRE

Glowsky, David

2007-01-01

This paper examines why German men marry women from countries which are less economically developed. Two hypotheses deduced from exchange theory and the economic theory of the family are tested: 1. Low physical and social attractiveness as well as reduced opportunities to meet German partners lead to marriage with a woman from a poorer country. 2. Because of the economic gap between their countries of origin, German men can marry comparatively more attractive women on the international marria...

Macroeconomic Stability and Its Impact on the Economic Growth of the Country

Directory of Open Access Journals (Sweden)

Tatiana Vasylieva

2018-03-01

Full Text Available The main purpose of this research is to study the role and impact force of macroeconomic stability on economic growth in the period from 2000 to 2016, using the modified Cobb–Douglas production function. The results of Global Competitiveness Report, published by World Economic Forum, demonstrated that at the existing level of economic growth in Ukraine the basic drivers for improvement of the country's competitiveness are necessary to be considered for building of the production function. Basing on the analysis performed, the author created odified Cobb–Douglas production function where Macroeconomic stability, openness of the economy and foreign direct investments are used as additional explanatory variables of Cobb–Douglas production function. Obtained findings indicate the high level of compliance of the built model with the initial data. Herewith, the assessment of the elasticity of macroeconomic stability is positive and statistically significant.

ECONOMIC AND LEGAL ASPECTS OF CREATION OF AN INTERNATIONAL FINANCIAL CENTER AS IMPORTANT CIS AND EVRASES COUNTRIES INTERGATION FACTOR

Directory of Open Access Journals (Sweden)

V. S. Balabanov

2011-01-01

Full Text Available The process of forming in Moscow a regional (to be in future transformed into a global international Single Economic Space (SES financial center should become for the Commonwealth of Independent States (CIS and Euroasian Economic Community (EvrAsES countries an universal integration instrument to be used to create their common economic and commercial space. The international center along with SES national financial centers will form an internationally competitive polycentric financial network with single institutional (regulatory, law, customs, etc.agreements. A mechanism should be formed to attract countries outside Customs Union to participate in creation of the international financial center.

Systematic review of studies evaluating the broader economic impact of vaccination in low and middle income countries.

Science.gov (United States)

Deogaonkar, Rohan; Hutubessy, Raymond; van der Putten, Inge; Evers, Silvia; Jit, Mark

2012-10-16

Most health economic evaluations of childhood vaccination only capture the health and short-term economic benefits. Measuring broader, long-term effects of vaccination on productivity and externalities could provide a more complete picture of the value of vaccines. MEDLINE, EconLit and NHS-EED databases were searched for articles published between January 1990 and July 2011, which captured broader economic benefits of vaccines in low and middle income countries. Studies were included if they captured at least one of the following categories on broader economic impact: outcome-related productivity gains, behaviour-related productivity gains, ecological externalities, equity gains, financial sustainability gains or macroeconomic benefits. Twenty-six relevant studies were found, including observational studies, economic models and contingent valuation studies. Of the identified broader impacts, outcome-related productivity gains and ecological externalities were most commonly accounted for. No studies captured behaviour-related productivity gains or macroeconomic effects. There was some evidence to show that vaccinated children 8-14 years of age benefit from increased cognitive ability. Productivity loss due to morbidity and mortality was generally measured using the human capital approach. When included, herd immunity effects were functions of coverage rates or based on reduction in disease outcomes. External effects of vaccines were observed in terms of equitable health outcomes and contribution towards synergistic and financially sustainable healthcare programs. Despite substantial variation in the methods of measurement and outcomes used, the inclusion of broader economic impact was found to improve the attractiveness of vaccination. Further research is needed on how different tools and techniques can be used in combination to capture the broader impact of vaccination in a way that is consistent with other health economic evaluations. In addition, more country

Economic Growth and Budget Constraints: EU Countries Panel Data Analysis

Directory of Open Access Journals (Sweden)

Zimčík Petr

2016-06-01

Full Text Available The aim of this paper is to identify the impacts of different taxes and expenditures on economic growth. The research is focused on 20 selected European Union Member States. These countries are equally divided into four groups based on their average tax burden as presented in the World Tax Index. A comparison of fiscal attributes among these groups is important for the analysis. Annual government finance data from the years 1995 to 2012 are used for an empirical study. The indicators observed are real GDP change, the composition and volume of total government expenditures, tax quotas of individual taxes and total budget balance. These indicators are used within an endogenous growth model together with capital stock and an approximation of human capital. A panel regression with fixed effects is used as an analytic tool. The main results are that an increase in social contributions, property, production and personal income tax quotas has an adverse effect on economic growth.

Modelling energy systems for developing countries

International Nuclear Information System (INIS)

Urban, F.; Benders, R.M.J.; Moll, H.C.

2007-01-01

Developing countries' energy use is rapidly increasing, which affects global climate change and global and regional energy settings. Energy models are helpful for exploring the future of developing and industrialised countries. However, energy systems of developing countries differ from those of industrialised countries, which has consequences for energy modelling. New requirements need to be met by present-day energy models to adequately explore the future of developing countries' energy systems. This paper aims to assess if the main characteristics of developing countries are adequately incorporated in present-day energy models. We first discuss these main characteristics, focusing particularly on developing Asia, and then present a model comparison of 12 selected energy models to test their suitability for developing countries. We conclude that many models are biased towards industrialised countries, neglecting main characteristics of developing countries, e.g. the informal economy, supply shortages, poor performance of the power sector, structural economic change, electrification, traditional bio-fuels, urban-rural divide. To more adequately address the energy systems of developing countries, energy models have to be adjusted and new models have to be built. We therefore indicate how to improve energy models for increasing their suitability for developing countries and give advice on modelling techniques and data requirements

Economic impacts of hydrogen as an energy carrier in European countries

International Nuclear Information System (INIS)

Wietschel, Martin; Seydel, Philipp

2007-01-01

The two objectives of this paper are to identify possible sectoral shifts and employment effects due to the application of hydrogen in the energy system for selected European countries till 2030. This is based on assumptions about the market penetration of hydrogen as an energy carrier, an analysis of the competitiveness of EU countries in this technology field and input-output model calculations. The analysis showed that the introduction of hydrogen leads to significant shifts between economic sectors and, as a policy recommendation, it is concluded that the required workforce skills in hydrogen technologies should be available in time in order to be properly prepared for this. Some employment gains are possible for the EU Member States analysed if the introduction of hydrogen does not result in significant changes in export/import flows. However, the lead market analysis also showed that the competitiveness of EU countries varies significantly and that, viewed as a whole, Europe is in danger of falling behind its main competitors. This may lead to job losses because the industry branches affected - automotive and plant manufacturers - represent key sectors for the EU. One policy goal, therefore, especially for countries with a large share of automobile and plant manufacturing, is to aim to be a lead market for hydrogen and fuel cells. (author)

m-Health Policy Readiness and Enabling Factors: Comparisons of Sub-Saharan Africa and Organization for Economic Cooperation and Development Countries.

Science.gov (United States)

Lee, Seohyun; Begley, Charles E; Morgan, Robert; Chan, Wenyaw; Kim, Sun-Young

2018-02-12

As an innovative solution to poor access to care in low- and middle-income countries (LMICs), m-health has gained wide attention in the past decade. Despite enthusiasm from the global health community, LMICs have not demonstrated high uptake of m-health promoting policies or public investment. To benchmark the current status, this study compared m-health policy readiness scores between sub-Saharan Africa and high-income Organization for Economic Cooperation and Development (OECD) countries using an independent two-sample t test. In addition, the enabling factors associated with m-health policy readiness were investigated using an ordinal logistic regression model. The study was based on the m-health policy readiness scores of 112 countries obtained from the World Health Organization Third Global Survey on e-Health. The mean m-health policy readiness score for sub-Saharan Africa was statistically significantly lower than that for OECD countries (p = 0.02). The enabling factors significantly associated with m-health policy readiness included information and communication technology development index (odds ratio [OR] 1.57; 95% confidence interval [CI] 1.12-2.2), e-health education for health professionals (OR 4.43; 95% CI 1.60-12.27), and the location in sub-Saharan Africa (OR 3.47; 95% CI 1.06-11.34). The findings of our study suggest dual policy goals for m-health in sub-Saharan Africa. First, enhance technological and educational support for m-health. Second, pursue global collaboration for building m-health capacity led by sub-Saharan African countries with hands-on experience and knowledge. Globally, countries should take a systematic and collaborative approach in pursuing m-health policy with the focus on technological and educational support.

CONSIDERATIONS ON THE EVOLUTION OF ROMANIAN FOREIGN TRADE UNDER THE IMPACT OF ECONOMIC CRISIS

Directory of Open Access Journals (Sweden)

DOBROTĂ GABRIELA

2011-12-01

Full Text Available The foreign trade represent the engine of renewal of productive structures of developed countries and the essential vector for the development of newly industrialized nations as countries that can not be considered as belonging to the developing countries, mainly due to exports development. Nobody doubts the need for foreign trade and its possible beneficial effects for the economy of a country, which is supported by John Stuart Mill classical economist, who said that "openness to foreign trade ... is sometimes the effect of an industrial revolution as a country whose resources are poor" This paper analyses, on the one side, the importance of foreign trade and his evolution in 2001– 2010 period, and, on the other side, the consequences of the economic crisis on it. The period under review includes the last years of economic growth in Romania and the first years of actual economic crisis., because the global economic crisis is reflected strongly in the evolution of Romania's foreign trade, which in February 2009, has seen a veritable collapse over the same period of the previous year.

Rural Finance and Microfinance Development in Transition Countries in Southeast and East Asia

OpenAIRE

Llanto, Gilberto M.; Fukui, Ryu

2006-01-01

Microfinance is an emerging important financial subsector in Asian transition countries. Its role is to improve financial access of the poor and small economic players and thus help them to build assets, thereby contribute to poverty alleviation. This paper provides an overview of rural finance and microfinance development in transition countries in Southeast and East Asia—Cambodia, Lao PDR, Myanmar, Vietnam, and Mongolia—focusing on the institutional evolution and the inter-relation between ...

An economic Manifesto for the oil exporting countries of the Persian Gulf

Directory of Open Access Journals (Sweden)

Hossein Askari

2006-12-01

Full Text Available The oil-exporting countries of the Persian Gulf have failed economically and socially. It is time for a radical new approach to managing oil revenues while oil and gas reserves last. We propose an approach to cut the level of oil revenues available to governments to zero while incorporating a formal “Oil Fund for All Generations”. Others have proposed and implemented oil funds but in our proposal the government would (in time lose all access to oil revenues; by taking easy money away from governments and rulers, the likelihood of waste, corruption and wars will be reduced, and there will be better chance of adopting and implementing rational economic policies to enhance equity across generations.

Coal consumption and economic growth: Evidence from a panel of OECD countries

International Nuclear Information System (INIS)

Apergis, Nicholas; Payne, James E.

2010-01-01

This study examines the relationship between coal consumption and economic growth for 25 OECD countries within a multivariate panel framework over period 1980-2005. The panel cointegration test indicates there is a long-run equilibrium relationship between real GDP, coal consumption, real gross fixed capital formation, and the labor force. The respective coefficients for real gross fixed capital formation and the labor force are positive and statistically significant whereas the coefficient for coal consumption is negative and statistically significant. The results of the panel vector error correction model reveal bidirectional causality between coal consumption and economic growth in both the short- and long-run; however, the bidirectional causality in the short-run is negative.

Factors influencing economic profitability of dampling-based integrated management of wheat in country elevators

Science.gov (United States)

Integrated pest management provides the potential for better insect management in stored wheat, as well as increased worker safety and reduced environmental concerns. Many country elevators, however, continue to use chemical-based approaches. To determine if this choice is economically justified, to...

The nexus between carbon emissions, energy consumption and economic growth in Middle East countries: A panel data analysis

International Nuclear Information System (INIS)

Ozcan, Burcu

2013-01-01

The environmental Kuznets curve (EKC) hypothesis assumes that there is an inverted U-shaped relationship between environmental degradation and income per capita. In other words, as a country grows, it is assumed that its environmental quality improves. In this study, we aim to test the EKC hypothesis for 12 Middle East countries during the period 1990–2008 by employing recently developed panel data methods. Our results provide evidence contrary to the EKC hypothesis. We found evidence favorable to the U-shaped EKC for 5 Middle East countries, whereas an inverted U-shaped curve was identified for only 3 Middle East countries. Furthermore, there appear to be no causal links between income and CO 2 emissions for the other 4 countries. Regarding the direction of causality, there appears to be a unidirectional causality from economic growth to energy consumption in the short-run; in the long-run, however, the unidirectional causality chain runs from energy consumption and economic growth to CO 2 emissions. We also suggest some crucial policy implications depending on these results. - Highlights: • The relationship between CO 2 emissions, energy consumption, and growth is examined. • Panel data estimation methods are used for 12 Middle East countries. • We obtain a U-shaped curve contrary to the EKC hypothesis. • The causality runs from economic growth to energy consumption in the short-run. • In the long-run, causality runs from energy consumption and growth to CO 2 emissions

The Relationship between Youth Unemployment and Economic Growth in Central and Eastern European Countries: An Empirical Analysis

Directory of Open Access Journals (Sweden)

Leman ERDAL

2015-06-01

Full Text Available The study has analyzed the relationship between youth unemployment and economic growth, in the context of Okun law, by using new generation panel data analysis and cointegration tests. In this study, 18 Central and Eastern European country have been selected as subject matter whose youth unemployment rate is above the EU-28 average (25 % for the period 2006-2012. The results show that, if youth unemployment is quite severe; even an exclusive economic growth will not be enough to reduce the youth unemployment rate in the country. It is recommended that the global and country-specific policies which are effective, result-driven on youth (Un employment and labour market issues, should be developed. This study is expected to make a significant contribution to the literature on unemployment and social conflict.

Empirical Study towards the Drivers of Sustainable Economic Growth in EU-28 Countries

Directory of Open Access Journals (Sweden)

Daniel Ştefan Armeanu

2017-12-01

Full Text Available This study aims at empirically investigating the drivers of sustainable economic growth in EU-28 countries. By means of panel data regression models, in the form of fixed and random effects models, alongside system generalized method of moments, we examine several drivers of real gross domestic product (GDP growth rate, as follows: higher education, business environment, infrastructure, technology, communications, and media, population lifestyle, and demographic changes. As regards higher education, the empirical results show that expenditure per student in higher education and traditional 18–22 year-old students are positively linked with sustainable economic growth, whereas science and technology graduates negatively influence real GDP growth. In terms of business environment, total expenditure on research and development and employment rates of recent graduates contributes to sustainable development, but corruption perceptions index revealed a negative association with economic growth. As well, the results provide support for a negative influence of infrastructure abreast technological measures on economic growth. Besides, we found a negative connection between old-age dependency ratio and sustainable economic growth.

Obstacles and solutions to the generation and dissemination of scientific knowledge in poor countries

Directory of Open Access Journals (Sweden)

David L Nordstrom

2012-10-01

Full Text Available Andreeva recently discussed several “challenges for research in poor countries” (Andreeva, 2012. Below is a list of some of these challenges and my comments.1.For many public health studies in low- or middle-income countries, population surveys are the only affordable means of data collection.Population surveys are valuable sources of health information. For example, surveys have estimated the prevalence, severity, and treatment of mental disorders in various countries, including Ukraine (WHO, 2004. But population surveys can be very expensive, so alternative approaches to data collection should not be overlooked. Some other methods are case-control studies, ecologic studies, and qualitative research designs such as focus groups. A case-control design was used by Donetsk State Medical University to investigate contraceptive practices and factors behind contraceptive preferences of Ukrainian women (Mogilevkina, 2003. For a case control study of diphtheria vaccine efficacy in Ukraine, demographic and vaccination data were gathered from health center records (Tsu, 2000. Focus group methods were used by the Ukraine Institute for Public Health Policy and others to investigate the obstacles to antiretroviral therapy perceived by HIV-infected injection drug users (Mimiaga, 2010 and in a separate study on the topics of everyday understanding of health and the factors influencing it (Abbott, 2006.2.Another challenge faced by survey scientists is related to the validity of self-reported data.Validity is central to all research. According to Bonita et al (2006, page 57, “A study is valid if its results correspond to the truth.” Self-reports can be satisfactory data sources if investigators take sufficient care in their design and use (Schaeffer, 2003. For example, before conducting health surveys in low and middle-income countries with questionnaires that were developed for use in high-income countries, researchers may first want to use focus group

The Social Development Summit and the developing countries.

Science.gov (United States)

Barnabas, A P; Kulkarni, P D; Nanavatty, M C; Singh, R R

1996-01-01

This article discusses some concerns of the 1996 UN Summit on Social Development. Conference organizers identified the three key conference issues as poverty alleviation, social integration of the marginalized and disadvantaged, and expansion of productive employment. The goal of a "society for all" means dealing with the increasing differences between rich and poor countries, the survival of weaker economies in a competitive market system, wide variations in consumption patterns between countries, attainment of political stability while respecting ethnic identity, the rise in social problems among countries with a high human development index, and increasing joblessness. The Human Development Report for 1994 emphasizes human security. Social development is not the equivalent of human resource development nor a side issue of economic growth. The integration of ethnic groups poses social and political problems. There remains a question about what political system and culture would be best for social integration. Developed countries define poverty as the inability of people and government to provide resources and necessary services for people's productive activity. Poverty in developing countries is blamed on colonialism. Globally, developed countries control 71% of world trade. Sharing resources to meet basic needs throughout the world is not an operational ideal. The highest 20% of income earners receive 83% of the world income. The culture of poverty is the strategy used by the poor to survive. Welfare is not an end in itself but does enable the poor to improve their conditions. Development that focuses on productive employment is uncertain. Developed and developing countries do not share similar perceptions of human rights. There is a question as to who should set the priorities for social development. Sustainable social development is related to preservation of natural resources, control of population growth, and promotion of social security.

Threshold effect of the economic growth rate on the renewable energy development from a change in energy price. Evidence from OECD countries

International Nuclear Information System (INIS)

Chang, Ting-Huan; Huang, Chien-Ming; Lee, Ming-Chih

2009-01-01

This paper uses a panel threshold regression (PTR) model to investigate the influence that energy prices have on renewable energy development under different economic growth rate regimes. The empirical data are obtained from each of the OECD member-countries over the period from 1997 to 2006. We show that there is one threshold in the regression relationship, which is 4.13% of a one-period lag in the annual gross domestic product (GDP) growth rate. The consumer price index (CPI), in so far as it relates to variations in energy, is significantly positively correlated with the contribution of renewables to energy supply in the regime with higher-economic growth, but there is no relationship in the regime with lower economic growth. Therefore, countries characterized by high-economic growth are able to respond to high energy prices with increases in renewable energy use, while countries characterized by low-economic growth countries tend to be unresponsive to energy price changes when they come to their level of renewable energy. (author)

How did the economic recession (2008-2010) influence traffic fatalities in OECD-countries?

Science.gov (United States)

Wegman, Fred; Allsop, Richard; Antoniou, Constantinos; Bergel-Hayat, Ruth; Elvik, Rune; Lassarre, Sylvain; Lloyd, Daryl; Wijnen, Wim

2017-05-01

This paper presents analyses of how the economic recession that started in 2008 has influenced the number of traffic fatalities in OECD countries. Previous studies of the relationship between economic recessions and changes in the number of traffic fatalities are reviewed. Based on these studies, a causal diagram of the relationship between changes of the business cycle and changes in the number of traffic fatalities is proposed. This causal model is tested empirically by means of multivariate analyses and analyses of accident statistics for Great Britain and Sweden. Economic recession, as indicated both by slower growth of, or decline of gross national product, and by increased unemployment is associated with an accelerated decline in the number of traffic fatalities, i.e. a larger decline than the long-term trend that is normal in OECD countries. The principal mechanisms bringing this about are a disproportionate reduction of driving among high-risk drivers, in particular young drivers and a reduction of fatality rate per kilometre of travel, probably attributable to changes in road user behaviour that are only partly observable. The total number of vehicle kilometres of travel did not change very much as a result of the recession. The paper is based on an ITF-report that presents the analyses in greater detail. Copyright © 2017 Elsevier Ltd. All rights reserved.

Nuclear energy in transition countries

International Nuclear Information System (INIS)

Knapp, V.

2000-01-01

Transition countries, respectively the countries that have in the year's 89/90 broken with the communist political and economy system are passing through difficult years. From their traditional markets within the closely interconnected socialist economy system, which has disintegrated, they have to reorient themselves to new, often saturated and sophisticated markets. To integrate into Europe as equal partners, rather then remain poor relatives, they must reduce this development gap in a reasonable time, not longer than 15 years. Slower pace would not give acceptable perspective to their young people and they would look for it elsewhere, thereby reducing creative forces for progress. Examples of economic development show that sustained growth of GDP is impossible without similar industrial growth, which, in turn, requires corresponding increase of energy use. In the same time these countries are the parts of densely populated European region and are subject to emission restriction of effluents with local or global effects. It is difficult to see how these countries could attain their development goals, whilst respecting their Kyoto obligations, without supplying increased energy demand from nuclear sources. (author)

Exploiting the Poor

DEFF Research Database (Denmark)

Kamp Justesen, Mogens; Bjørnskov, Christian

2014-01-01

While extant research has focused on the causes and consequences of corruption at the macro-level, less effort has been devoted to understanding the micro-foundation of corruption. We argue that poor people are more likely to be victims of corrupt behavior by street-level bureaucrats as the poor...... often rely heavily on services provided by governments. We test this proposition using micro-level survey data from the Afrobaromenter. Multilevel regressions across 18 countries show that poor people are much more prone to experience having to pay bribes to government officials....

Public revenue, fiscal deficit and economic growth: Evidence from Asian countries

OpenAIRE

AMGAIN, Jeeban; DHAKAL, Nanda Kumar

2017-01-01

Abstract. This paper examines the impact of public revenue and fiscal deficit on economic growth in 20 Asian Countries. We use panel Autoregressive Distributed Lag Model (ARDL) to estimate both the short-run and long-run impact of the fiscal variables. The results indicate that fiscal deficit adversely affect growth both in short-run and long-run. In the long-run, deficit finance leads to debt accumulation which is also negatively associated with growth. However, panel ARDL results show that ...

Study of the influence of socio-economic factors in the international expansion of Spanish franchisors to Latin American countries.

Directory of Open Access Journals (Sweden)

José M Ramírez-Hurtado

Full Text Available The saturation of the domestic market is one of the factors which drive firms to expand their business to other markets. Franchising is one of the formats adopted by companies when establishing their internationalization strategy. Spain is a country where franchising is strongly consolidated. This degree of maturity means that many chains seek other countries in which to operate. This work's specific aims are, on the one hand, to offer a general view of the current situation of Spanish franchisors in Latin American countries and, on the other hand, to analyze which the socio-economic or external factors are that determine the presence of Spanish franchisors in this market. Canonical-correlation analysis is used to do so. The results show that Spanish franchisors focus on the market's potential and size, and the per capita income, while they do not take into account its unemployment level, the country risk or the competitiveness there. This work shows that there is a series of socio-economic factors which influence the final choice of the destination country. However, this decision is not solely based on this country's socio-economic aspects, but also on the structure of the franchising firm itself and on its export experience in other markets. This study therefore complements other research and helps franchisors in their difficult decision of choosing the destination for their internationalization.

Study of the influence of socio-economic factors in the international expansion of Spanish franchisors to Latin American countries.

Science.gov (United States)

Ramírez-Hurtado, José M; Berbel-Pineda, Juan M; Palacios-Florencio, Beatriz

2018-01-01

The saturation of the domestic market is one of the factors which drive firms to expand their business to other markets. Franchising is one of the formats adopted by companies when establishing their internationalization strategy. Spain is a country where franchising is strongly consolidated. This degree of maturity means that many chains seek other countries in which to operate. This work's specific aims are, on the one hand, to offer a general view of the current situation of Spanish franchisors in Latin American countries and, on the other hand, to analyze which the socio-economic or external factors are that determine the presence of Spanish franchisors in this market. Canonical-correlation analysis is used to do so. The results show that Spanish franchisors focus on the market's potential and size, and the per capita income, while they do not take into account its unemployment level, the country risk or the competitiveness there. This work shows that there is a series of socio-economic factors which influence the final choice of the destination country. However, this decision is not solely based on this country's socio-economic aspects, but also on the structure of the franchising firm itself and on its export experience in other markets. This study therefore complements other research and helps franchisors in their difficult decision of choosing the destination for their internationalization.

Financial analysis of foreign direct investment on economic growth of developing countries

Directory of Open Access Journals (Sweden)

Raičević Božidar

2016-01-01

Full Text Available The object of the research paper is to perform an empirical analysis of foreign direct investment (FDI influence on economic growth with the aim of establishing factors that will contribute to overcoming the problem. The research results imply that realistic exchange rate, export and import as well as state expenditures are statistically significant for predicting economic growth movement and they have a positive influence on FDI movement. Empirical analysis, contrary to expectations, has shown that FDI, public debt and openness have a negative impact on economic growth in the case of Republic of Serbia. In the following period Serbia has to decrease the share of budget deficit in GDP and control public debt. Serbia has to pay special attention to improving investment environment and encourage export oriented production, whereas finance management and continuation of reform processes are the basis for establishing sustainable development of country, with sustainable use of available resources.

Growth and Development among Infants and Preschoolers in Rural India: Economic Inequities and Caregiver Protective/Promotive Factors

Science.gov (United States)

Black, Maureen M.; Fernandez-Rao, Sylvia; Hurley, Kristen M.; Tilton, Nicholas; Balakrishna, Nagalla; Harding, Kimberly B.; Reinhart, Greg; Radhakrishna, Kankipati Vijaya; Nair, Krishnapillai Madhavan

2016-01-01

Economic inequities are common in low and middle-income countries (LMIC), and are associated with poor growth and development among young children. The objectives are to examine whether maternal education and home environment quality: 1) protect children by attenuating the association between economic inequities and children's growth and…

Why is food cheaper in rich (European countries?

Directory of Open Access Journals (Sweden)

Leon Podkaminer

2004-09-01

Full Text Available Relative to non-food items, food tends to be cheaper in rich, as compared with poorEuropean countries. This tendency cannot be explained in terms of cost developments or foreign-trade considerations. A positive explanation proposed focuses on demand-income-supply interaction. An analysis of a cross-country price-augmented modification of Engel Law, econometrically specified, indicates that the relative price offood is related positively to the supply of food items and negatively to that of non-food items. This finding is consistent with "agricultural price scissors", and also casts a different light on the nature of economic development and structural change.

THE RELATIONSHIP BETWEEN ECONOMIC GROWTH AND GOVERNMENT SPENDING: A CASE STUDY OF OIC COUNTRIES

Directory of Open Access Journals (Sweden)

Heri Sudarsono

2015-06-01

Full Text Available This paper presents the results for testing for causal relationship between economic growth and goverment spending for OIC countries covering the time series data 1970~2006. There are usually two propositions regarding the relation between economic growth and government spending: Wagner’s Law states that as GDP grows, the public sector tends to grow; and the Keynesian framework postulates that public expenditure causes GDP to grow. The primary strength and originality of this paper is that we used aggregate data as well as disaggregate data for Granger causality test. By testing for causality between economic growth and government spending, we find that government spending does cause economic growth in Iran, Nigeria and Tunisia, which are compatible with Keynesian’s theory. However, the economic growth does cause the increase in goverment spending in Algeria, Burkina Faso, Benin, Indonesia, Libya Malaysia, Marocco, and Saudi, which are well-suited with Wagner’s law.

Economic diversification: Explaining the pattern of diversification in the global economy and its implications for fostering diversification in poorer countries

NARCIS (Netherlands)

Freire Junior, Clovis

2017-01-01

Economic diversification is very relevant for poorer developing countries to create jobs and foster economic development. That need has been recognised in key internationally agreed development goals. The empirical economic literature has identified several stylised facts about the pattern of

Economic inequality, working-class power, social capital, and cause-specific mortality in wealthy countries.

Science.gov (United States)

Muntaner, Carles; Lynch, John W; Hillemeier, Marianne; Lee, Ju Hee; David, Richard; Benach, Joan; Borrell, Carme

2002-01-01

This study tests two propositions from Navarro's critique of the social capital literature: that social capital's importance has been exaggerated and that class-related political factors, absent from social epidemiology and public health, might be key determinants of population health. The authors estimate cross-sectional associations between economic inequality, working-class power, and social capital and life expectancy, self-rated health, low birth weight, and age- and cause-specific mortality in 16 wealthy countries. Of all the health outcomes, the five variables related to birth and infant survival and nonintentional injuries had the most consistent association with economic inequality and working-class power (in particular with strength of the welfare state) and, less so, with social capital indicators. Rates of low birth weight and infant deaths from all causes were lower in countries with more "left" (e.g., socialist, social democratic, labor) votes, more left members of parliament, more years of social democratic government, more women in government, and various indicators of strength of the welfare state, as well as low economic inequality, as measured in a variety of ways. Similar associations were observed for injury mortality, underscoring the crucial role of unions and labor parties in promoting workplace safety. Overall, social capital shows weaker associations with population health indicators than do economic inequality and working-class power. The popularity of social capital and exclusion of class-related political and welfare state indicators does not seem to be justified on empirical grounds.

Impact of Economic Crisis to Family Planning Realination on Poor Household in Banjarsari District, Surakarta

Directory of Open Access Journals (Sweden)

Wahyuni Apri Astuti

2016-07-01

Full Text Available This study is carried out in Nusukan, Banjarsari, Surakarta. The problems that are related to economic crisis in Indonesia are the supply of contraception, the weakening of people purchasing power so they influence the realization of family planning program. The goals of the study are: to know the supply of contraception for poor household, to study the influence of the effect of economic crisis for the participant of family planning, to study the change of birth control and its effective strategy and to know the quality of family planning service. The data are collected using observation, and questionnaire. The study takes the area in which it has more productive couple, the percentage of poor families and the prosperous families I that belong to productive couple whose age 20 to 49 years old, at least they have two children, and participant of family planning or ever followed it. The result of the study shows that 82% respondents can get contraception easily before and at economic crisis. It is one of the important factors, for which the participant of family planning is still high. Although the economic crisis influences the price of contraception and family Income, it does not affect the participant of family planning. 87% respondents participate actively the family planning. This shows that the people have realized the importance of family planning program. There is an impact of economic crisis for the change of the ways of birth control. 38% respondents have changed over their strategy from modern to traditional contraception and the contrary, and from modern contraception to the other one. Some of them are abstention. The level of the people adaptation is high enough. They use various ways to prevent of being pregnant. 92% respondents do not want to be pregnant. If it happens an unwanted pregnancy, 15% of the respondents will abort their pregnancy. This is the challenge for the officers and the government to supply safe and accurate

Reforming the IMF to Increase FDI Led Economic Growth: The Case of Latin American and Caribbean Countries

Directory of Open Access Journals (Sweden)

Ashraf Mahate

2018-01-01

Full Text Available There is a strong body of literature that finds a direct connection between inward foreign direct investment and economic growth in the host country. At the same time, economic growth in the host country attracts additional Foreign Direct Investment (FDI. This bidirectional relationship can be supported by the IMF through its lending program to countries to assist in dealing with short-term shocks as well as managing more long-term structural issues. In fact, the IMF programs in theory should provide an indicator to potential investors that the country is committed to making a change and opening its economy, which are typical requirements under IMF conditions. IMF intervention should lead to a positive impact on inward FDI. This study examines the impact of IMF-support programs on inward FDI for a sample of Latin American and Caribbean Countries. The results from this study reveal that being on an IMF borrowing program has a negative impact on inward FDI in the second and third year. We argue that being on an IMF borrowing program does not provide inward FDI with the seal of approval that it requires in making an investment.

Migrants’ Role in Enhancing the Economic Development of Host Countries: Empirical Evidence from Europe

Directory of Open Access Journals (Sweden)

Graţiela Georgiana Noja

2018-03-01

Full Text Available This research examines several modellers of immigration flows deployed within the European Union (EU, as well as their economic consequences upon the most targeted ten migrant receiving countries. The paper’s aim is to identify specific ways in which migrants can contribute to host countries’ sustainable development through positive spillover upon natives, labour market performance, and the overall economic activity. A set of methods and macro-econometric models, based on country fixed effects, spatial analysis, and structural equations modelling, was applied on a balanced panel formed by ten EU host economies. We analysed distinctly the labour and humanitarian (asylum seekers migration flows, considered throughout two separate time periods, namely 2000–2015 and 2000–2019 (2019 being the deadline for Brexit negotiations. The results highlight that the immigration flows were mainly shaped by labour market outcomes, while the primary positive immigration impact was induced upon the gross domestic product (GDP per capita and employment levels, both for natives and the foreign population.

Pipelines for New Chemicals: a strategy to create new value chains and stimulate innovation-based economic revival in Southern European countries.

Science.gov (United States)

Timmis, Kenneth; de Lorenzo, Victor; Verstraete, Willy; Garcia, Jose Luis; Ramos, Juan Luis; Santos, Helena; Economidis, Ioannis; Nogales, Balbina; Timmis, James Kenneth; Fonseca, César; Pruzzo, Carla; Karagouni, Amalia; Panopoulos, Nickolas; Dixon, Bernard

2014-01-01

Countries of Southern Europe are currently suffering from severe socio-economic pain resulting from high debt levels and austerity measures which constrain investment in innovation-based recovery strategies that are essential for entry into a long-term sustainable period of increasing employment and wealth creation. Young university-educated people are particularly innovative, and hence vital to the development of such strategies, but employment opportunities are poor and many are forced to seek employment that neither profits from their training nor satisfies their justified career expectations, or to emigrate. They are the 'lost generation'. A strategy is proposed here for the creation of Pipelines for New Chemicals, national centre-network partnerships for the discovery-synthesis of new chemicals obtained though harvesting new biological diversity, and their exploitation to develop new medicines, agrochemicals, materials, and other products and applications. The goal is to create new regional motors of economic growth and development, by harnessing the knowledge, motivation and innovation potential of the excellently educated young people of Europe to catalyse the development of new small, medium and large enterprises centred around novel chemicals, and the value chains that will evolve with them, and thereby develop a powerful sector of sustainable growth in employment and social and economic prosperity in Southern Europe. © 2014 Society for Applied Microbiology and John Wiley & Sons Ltd.

The global burden of child burn injuries in light of country level economic development and income inequality.

Science.gov (United States)

Sengoelge, Mathilde; El-Khatib, Ziad; Laflamme, Lucie

2017-06-01

Child burn mortality differs widely between regions and is closely related to material deprivation, but reports on their global distribution are few. Investigating their country level distribution in light of economic level and income inequality will help assess the potential for macro-level improvements. We extracted data for child burn mortality from the Global Burden of Disease study 2013 and combined data into 1-14 years to calculate rates at country, region and income levels. We also compiled potential lives saved. Then we examined the relationship between country level gross domestic product per capita from the World Bank and income inequality (Gini Index) from the Standardized World Income Inequality Database and child burn mortality using Spearman coefficient correlations. Worldwide, the burden of child burn deaths is 2.5 per 100,000 across 103 countries with the largest burden in Sub-Saharan Africa (4.5 per 100,000). Thirty-four thousand lives could be saved yearly if all countries in the world had the same rates as the best performing group of high-income countries; the majority in low-income countries. There was a negative graded association between economic level and child burns for all countries aggregated and at regional level, but no consistent pattern existed for income inequality at regional level. The burden of child burn mortality varies by region and income level with prevention efforts needed most urgently in middle-income countries and Sub-Saharan Africa. Investment in safe living conditions and access to medical care are paramount to achieving further reductions in the global burden of preventable child burn deaths.

Fee-based solid waste collection in economically developing countries: The case of Accra metropolis

Directory of Open Access Journals (Sweden)

Oduro-Appiah, K.

2013-06-01

Full Text Available Fee-based solid waste collection, a system that holds great promise to reducing the financial burden of solid waste management on the municipalities of developing countries is reviewed in this research study. It is to promote financial sustainability through partial or full cost sharing of solid waste collection services and intended to serve as a guide to policy makers and waste management authorities in Ghana and other countries with developing economies. Information through survey and questionnaires from residents across the socio-economic divide was collected to determine willingness and ability to pay for solid waste collection services. A critical assessment of the various capital and operational cost components that come into play in the collection process were considered and computed to determine the economic and social tariff that will be enough to offset the cost of collection, transportation and disposal of solid waste unto landfills. Residents of the metropolis have the ability and are willing to pay an economically affordable user charge of US$1.10 per household per month to offset and remove the financial burden of solid waste collection off the metropolitan assembly. Consistent and efficient collection service is recommended to ensure residents cooperation towards implementation of the system in Ghana.

Renewable energy consumption and economic growth: Evidence from a panel of OECD countries

International Nuclear Information System (INIS)

Apergis, Nicholas; Payne, James E.

2010-01-01

This study examines the relationship between renewable energy consumption and economic growth for a panel of twenty OECD countries over the period 1985-2005 within a multivariate framework. Given the relatively short span of the time series data, a panel cointegration and error correction model is employed to infer the causal relationship. The heterogeneous panel cointegration test reveals a long-run equilibrium relationship between real GDP, renewable energy consumption, real gross fixed capital formation, and the labor force with the respective coefficients positive and statistically significant. The Granger-causality results indicate bidirectional causality between renewable energy consumption and economic growth in both the short- and long-run.

Scenarios of socio-economic and energy development of the country up to 2010

International Nuclear Information System (INIS)

Tsvetanov, P.

1990-01-01

The scenarios description is given as the first stage of a procedure of an energy-economy interrelations dynamics study, the other two stages being the formulation and the analysis of the development variants. The scenarios reflect quantitatively the policies and the international conditions for the socio-economic, energy demand and energy supply developments of the country. Two economic development scenarios ('high' - official macroeconomic views and 'low' - economic restructuring and decrease of energy intensity) hierarchically preside over the two corresponding energy demand scenarios of different technological evolutions ('traditional' and 'energy efficiency' oriented one) in the industry, the transport and the domestic and services sectors. Four energy supply system scenarios follow, corresponding to different approaches in the development of the energy conversion technologies and energy carriers, thus constituting a scenario tree of the studies. 16 refs., 2 figs., 7 tab., 1 ann. (R.Ts.)

Economic growth and decline in mortality in developing countries: an analysis of the World Bank development datasets.

Science.gov (United States)

Renton, A; Wall, M; Lintott, J

2012-07-01

The 1999 World Bank report claimed that growth in gross domestic product (GDP) between 1960 and 1990 only accounted for 15% of concomitant growth in life expectancy in developing countries. These findings were used repeatedly by the World Health Organization (WHO) to support a policy shift away from promoting social and economic development, towards vertical technology-driven programmes. This paper updates the 1999 World Bank report using the World Bank's 2005 dataset, providing a new assessment of the relative contribution of economic growth. Time-series analysis. Cross-sectional time-series regression analysis using a random effect model of associations between GDP, education and technical progress and improved health outcomes. The proportion of improvement in health indicators between 1970 and 2000 associated with changes in GDP, education and technical progress was estimated. In 1970, a 1% difference in GDP between countries was associated with 6% difference in female (LEBF) and 5% male (LEBM) life expectancy at birth. By 2000, these values had increased to 14% and 12%, explaining most of the observed health gain. Excluding Europe and Central Asia, the proportion of the increase in LEBF and LEBM attributable to increased GDP was 31% and 33% in the present analysis, vs. 17% and 14%, respectively, estimated by the World Bank. In the poorest countries, higher GDPs were required in 2000 than in 1970 to achieve the same health outcomes. In the poorest countries, socio-economic change is likely to be a more important source of health improvement than technical progress. Technical progress, operating by increasing the size of the effect of a unit of GDP on health, is likely to benefit richer countries more than poorer countries, thereby increasing global health inequalities. Copyright © 2012 The Royal Society for Public Health. Published by Elsevier Ltd. All rights reserved.

Making law work for the poor

Energy Technology Data Exchange (ETDEWEB)

Cotula, Lorenzo

2005-11-15

To many, law – the systems of binding rules governing human relations – seems remote from the reality of daily struggle in poor and marginalised communities around the world. Yet, directly or indirectly, legal rules shape the way we behave in our everyday life, and contribute to organise social and economic relations (from commercial codes to EC 'freedom-of-movement' treaty provisions to welfare state legislation). Since the 1960s, development agencies have supported law reform processes in developing countries. Interest in law reform was recently revived by the recognition of the importance of institutional frameworks for social change ('New Institutional Economics'), and by the attention paid by several development agencies to concepts like good governance and the rule of law. Earlier emphasis on 'legal transplants' and naive assumptions about the way the law operates have given way to a better understanding of the complex nature of processes of legal and socio-economic change. Drawing on three examples, this paper explores the extent to which legal tools can contribute to improve the lives of poorer groups in both developing and developed countries; the conditions under which this is possible; and the constraints that such tools face in the pursuit of this aim. The paper aims to spark reflection and debate on these issues – not to come up with definitive answers. It is likely to be of interest for development lawyers, development practitioners working at a macro-planning level, and researchers. As for development practitioners, the paper sets out the case for taking law seriously as a tool for positive change. As for development lawyers, it argues that designing and implementing legal interventions that deliver that positive change is function not only of sound legal thinking, but also of a solid understanding of power relations and other social, cultural, political and economic factors that affect the way the law operates in

The Republic of Chile: An Upper Middle-Income Country at the Crossroads of Economic Development and Aging

Science.gov (United States)

Gitlin, Laura N.; Fuentes, Patricio

2012-01-01

Chile is a developing country with a rapidly expanding economy and concomitant social and cultural changes. It is expected to become a developed country within 10 years. Chile is also characterized as being in an advanced demographic transition. Unique challenges are posed by the intersection of rapid economic development and an aging population,…