scholarly journals MARKETS AND INDUSTRY — VENTURE CAPITAL AND ECONOMIC GROWTH: AN INDUSTRY OVERVIEW AND SINGAPORE'S EXPERIENCE

2002 ◽  
Vol 47 (02) ◽  
pp. 243-267 ◽  
Author(s):  
FRANCIS C. C. KOH ◽  
WINSTON T. H. KOH
Keyword(s):  
United States ◽  
Economic Growth ◽  
Economic Development ◽  
Venture Capital ◽  
Silicon Valley ◽  
The United States ◽  
Economic Success ◽  
Technology Leader ◽  
Urgent Task ◽  
The Creation

This paper provides an overview of the venture capital industry and its development in Asia and Singapore. Venture capital plays an important role in innovation and economic growth. Indeed, the resurgence of the United States as a technology leader is intimately linked to the success of Silicon Valley. As Singapore enters the next phase of economic development, the creation of internal engines of growth is an urgent task. The Singapore government has done much to provide an environment for entrepreneurship to thrive. Its success at replicating the Silicon Valley culture will be important for Singapore's future economic success.

Race, Space, Time

Peyote Effect ◽  
2018 ◽  
pp. 169-176
Author(s):  
Alexander S. Dawson
Keyword(s):  
United States ◽  
Economic Development ◽  
African American ◽  
The United States ◽  
Short History ◽  
Spanish Inquisition ◽  
History Of ◽  
The Creation ◽  
The U.S ◽  
Over Time

We begin the book’s conclusion with the juxtaposition of two different stories of peyotism: the creation of an ecotourism business featuring Wixárika peyotism in Potrero de la Palmita, Nayarit, in 2010 and the short history of an African American peyotist church in Tulsa, Oklahoma, in the 1920s. The former is licit, enjoying support by a state committed to economic development, while the latter faced constant threats from the police before collapsing, in part due to its members’ fear of arrest. These two stories remind us of the central roles that place and time play in the history of peyotism across the U.S.-Mexican border, but they also force us to consider the ways that ideas about race have informed the battles over peyote in Mexico and the United States. Particularly striking is the fact that the racial prohibitions enacted by the Spanish Inquisition resonate with current law. Also notable is the fact that Mexicans and Americans have deployed similar ideas about race over time in their battles over peyote. This speaks to the underlying anxieties that indigeneity evokes in both societies, as well as the role that indigenous subjects have played in the creation of whiteness in both the United States and Mexico.

The Miracle of Airports

2021 ◽  
pp. 88-90
Author(s):  
Samuel Cohn
Keyword(s):  
United States ◽  
Economic Growth ◽  
Economic Development ◽  
The United States ◽  
Air Traffic ◽  
Commercial Agriculture ◽  
Quantitative Studies ◽  
Airport Capacity ◽  
Do So

This chapter assesses how airports increase economic growth and do so dramatically. The two main quantitative studies that have been done on the effects of airports on economic development were done in Brazil and in the United States. Both studies showed that there was dramatically higher growth in the states receiving airport expansions; the super-growth only occurred after the airport expansion was completed. Commercial agriculture and tourism seem to be particularly responsive to enlargements of airport capacity. However, it is possible to overdo airport construction. Spain went on an airport-building binge in the 2000s. Above and beyond the airports the country already had, forty-eight new airports were constructed, many of which were less than an hour from each other. Only eleven of the new airports were profitable and some saw no air traffic at all.

Modernization, dependency, and the global in Mexican critiques of anthropology

2014 ◽  
Vol 9 (1) ◽  
pp. 94-121 ◽  
Author(s):  
Karin Alejandra Rosemblatt
Keyword(s):  
United States ◽  
Economic Growth ◽  
Economic Development ◽  
Latin America ◽  
Social Science ◽  
Psychological Factors ◽  
World System ◽  
The United States ◽  
Capitalist World

AbstractThis articles examines the links between Mexican anthropologists who – as part of a 1960s-era revolt, rejected prior anthropological approaches, which they labelled imperialist – and social science currents in the United States, Latin America, and Europe. They also took inspiration from anti-colonial movements. They spurned modernization theories that focused on the multiple economic, cultural, and psychological factors that might spur US-style capitalist economic growth and that sought to overcome the internal, national brakes on progress. Instead, they embraced dependency theories that linked the ‘internal’ (national) to the ‘external’ (global) and privileged revolutionary changes that implied a radically changed relation to the global capitalist world system. Yet dependency and modernization theories emerged within a shared intellectual space. Even as many intellectuals rejected US models of economic development, they accepted the primacy accorded to economics and technology and the notion that science was a global enterprise aimed at generating universal knowledge.

Mexico's Recent Science and Technology Planning: An Outsider Economist's Critique

1980 ◽  
Vol 22 (2) ◽  
pp. 163-193 ◽  
Author(s):  
Dilmus D. James
Keyword(s):  
United States ◽  
Economic Growth ◽  
Economic Development ◽  
Science And Technology ◽  
The United States ◽  
External Control ◽  
Technology Planning ◽  
Mexican Migration ◽  
Surplus Labor

There are a number of reasons why Mexico attracts students of economic development. Boasting an impressive rate of economic growth that has been sustained for four decades, yet plagued with discouraging and mounting problems of surplus labor and maldistribution of income, Mexico is one of the prime cases that has sparked the discussion over the distinctions between “economic growth” and “economic development.” Furthermore, Mexico affords a classic test of the validity of some dependency writers’ claim that periphery countries’ subjugation to external control varies directly with the length and intensity of contact with center nations (Frank, 1972: 10). The sudden revelation of Mexico's potential as an energy supplier, the growing concern with the magnitude and consequences of illegal Mexican migration to the United States, and the increasing recognition of the uniqueness and importance of the Mexico-U.S. border economy add further appeal for economists, political scientists, and sociologists.

Primitive Accumulation Today

2021 ◽  
pp. 66-68
Author(s):  
Samuel Cohn
Keyword(s):  
United States ◽  
Economic Growth ◽  
Economic Development ◽  
Active Component ◽  
Karl Marx ◽  
Free Market ◽  
The United States ◽  
Global South ◽  
Primitive Accumulation ◽  
History Of

This chapter discusses how raiding was the foundation of Western economic growth. It is also an active component of economic development in the Global South today. Capitalism may operate through the voluntaristic choices of the free market, but it reinforces itself with coercion. The technical term for modern-day raiding is “primitive accumulation,” a word used by Karl Marx to describe the origin of capitalism. The chapter then considers how the United States is an example of capitalism based on forcible land acquisition. In the Global South, land is often just taken away by plain, ordinary coercion. Colombia has a particularly violent history of land seizure. The chapter looks at the scale and violence of contemporary expropriation in Colombia.

scholarly journals The Deterioration of Reproduction Conditions in the U.S. Economy

2018 ◽  
Vol 11 (2) ◽  
pp. 133-150
Author(s):  
V. S. VASILIEV
Keyword(s):  
United States ◽  
Economic Growth ◽  
Economic Development ◽  
Synergistic Effects ◽  
The United States ◽  
Economic Returns ◽  
Goods And Services ◽  
Us Economy ◽  
The Us ◽  
American Society

In the article the reasons for the deceleration of the average annual rates of economic growth of the United States are analyzed.  The rates declined in one and the half decade of the XXI century twice in comparison with the last three decades of the  twentieth century. Leading American economists and analysts  associated the main cause of the slowdown in economic growth with  a double drop in the rate of total factor productivity (TFP). This  indicator reflects the synergistic effects of the interaction of physical  and human capitals in the production process. The gradual decrease in the synergetic value of the interaction of labor and  capital in the US economy, other things being equal, also means a  decrease in the contribution of sinergetic factor to the rates of  economic growth and a greater priority in the state socio-economic policy of the capital factor in economic development. In  turn, the increasing role of capital in the economic development of  the US turns around with a sharp increase in inequality in income  distribution among different social strata of American society,  resulting in the bulk of the increase in economic production to  primarily 20% of the wealthiest layers of American society. The  growth of injustice in the distribution of goods and services in recent  decades in the United States was due to the lack of purposeful state  policy of the income redistribution. me. The absence of such a policy  stemmed from a growing crisis of most components of the  reproductive logistics of the American economy. In the end, general  conclusion is that the trend towards long-term decline in economic  growth will continue in the future because the US will be forced to invest trillions of dollars for infrastructure modernization in the  economy, which will not bring back quick economic returns in the short and possibly medium term.

The African Private Sector and U.S. Policy

1982 ◽  
Vol 20 (3) ◽  
pp. 503-511
Author(s):  
Robert L. Curry
Keyword(s):  
United States ◽  
Economic Development ◽  
Private Sector ◽  
Foreign Relations ◽  
The United States ◽  
Current Policy ◽  
Economic Success ◽  
The Future

The Reagan Administration's approach to the economic development of the continent stems from a virtually unquestioned reliance on the African private sector, bolstered by multinational capital. This strategy has been outlined in the Department of State's Current Policy Memorandum, No. 348, based on an address made by Chester A. Crocker, Assistant Secretary for African Affairs, to the United States Council on Foreign Relations on 19 November 1981, when he reminded his audience that the President had stressed the following two points at the Cancun Summit the previous month: freedom to choose, to own property, to work at a job of one's choice, and to invest in a dream for the future is an ingredient vital to economic success;…and individual farmers, laborers, owners, traders and managers are the heart and soul of development.

scholarly journals Comparative assessment of the influence of a technological factor on economic growth

2021 ◽  
Vol 1 (13 (109)) ◽  
pp. 6-15
Author(s):  
Boris Kheyfets ◽  
Veronika Chernova
Keyword(s):  
United States ◽  
Economic Growth ◽  
Economic Development ◽  
Technological Factor ◽  
The United States ◽  
High Tech ◽  
Gdp Growth ◽  
Technological Gap ◽  
Consistent Manner ◽  
Technological Effectiveness

The study focuses on the extent to which the technological factor affects economic growth and analyzes its role in enhancing socio-economic differentiation. We develop a methodology for ranking countries according to the level of their technological effectiveness using the specific index. Correlation and regression analysis is used to identify technological factors in economic development. Approbation of the approach took place on the example of the United States and China. The data obtained demonstrate that the increase in R&D costs and the export of high-tech products has a positive effect on economic growth. R&D spending provides 31.6 % to 41.9 % of GDP growth for the United States and China, respectively. Exports of high-tech products support GDP growth at the level of 2.7 % to 4.7 %. The research findings confirm that the technological factor encourages economic development through more efficient allocation of resources, the spread of innovations and the growth of high-tech exports. Regression models have proved this relationship. China ranks first in the index of technological effectiveness and is followed by the United States and Japan. Such countries as Kazakhstan, Brazil and Ukraine are lagging significantly behind some technologically advanced European nations (Romania, Poland, Bulgaria), as well as Turkey and Mexico. Analysis of data from a sample of 30 countries showed that technological differentiation is a direct cause of overall inequality. To bridge this technological gap, it is expedient to develop the existing technological potential in a consistent manner, while concentrating efforts on high-tech sectors capable of strengthening the foundation of the economy

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