scholarly journals Directionality of Education – Balanced Education and Integration of Educational Systems in the National Economy

Equilibrium ◽  
2013 ◽  
Vol 8 (2) ◽  
pp. 101-113
Author(s):  
Wiktor Morohin ◽  
Aleksandrs Rubanovskis
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
Driving Force ◽  
Developed Countries ◽  
Educational Systems ◽  
High Quality ◽  
National Economic ◽  
The World ◽  
National Economic Development

The quality of the workforce is a precondition for economic growth of a society. One of the main indicators of these preconditions is education. The effectiveness of economies of developed countries is based on the high quality of knowledge. As a resutl the quality and balanced education determines the rating of a state in the world and serves as a driving force of national economic development. The aim of the article is to identify opportunities that will allow integrating the balanced education in the educational systems of the national economy.

Kazakhstan

2019 ◽  
pp. 69-94
Author(s):  
Richard Pomfret
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
Economic History ◽  
Nation Building ◽  
Oil Prices ◽  
Living Standards ◽  
Economic Adjustment ◽  
National Economic ◽  
The World ◽  
Transition Strategies

This chapter discusses the national economy and transition strategies of Kazakhstan. Kazakhstan's national economic history divides sharply between 1991 and 1998, and the years since 1999. The first period, dominated by nation-building, saw traumatic economic adjustment to the shocks of the early 1990s and a large unanticipated decline in living standards. As the country started to recover from the economic nadir in 1997 it was hit by the 1998 Russian crisis, and only in 1999 did sustained economic growth begin. However, when growth did begin—stimulated by policy decisions such as a large currency devaluation and sustained by rising oil prices—Kazakhstan enjoyed a decade during which it was one of the fastest growing economies in the world. The chapter also considers the banking crisis in 2007–2008, whose impact was exacerbated by the collapse in the price of oil in the second half of 2008.

scholarly journals Analysis of the relationship between the level of corruption, economic growth and the quality of life of the population (on the example of individual countries of the world)

2021 ◽  
Vol 16 (2) ◽  
pp. 178-187
Author(s):  
I. E. Digel ◽  
Zh. G. Imangali ◽  
E. I. Borisova
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
Developed Countries ◽  
Evidence Base ◽  
Practical Significance ◽  
Future Research ◽  
Statistical Research ◽  
The World ◽  
The Relationship

The difficulty of conducting an empirical assessment of the true extent of corruption, caused by the lack of the necessary data, has contributed to the emergence of a new round of research focusing on the study of the influence of various factors on corruption. At the same time, such studies are distinguished by a variety of approaches to the choice of indicators and objects of study, as well as by the difference, and sometimes contradictory conclusions. These circumstances actualize the research topic. The purpose of the article to determine the relationship between corruption, economic growth and the quality of life of the population in five countries of the world, representing different parts of the world and geo-economics regions. The hypothesis of the study is the assertion that for developed countries the correlation between perceptions of corruption and indicators will be lower than for developing countries. The objects of research are Kazakhstan, Russia, Germany, USA and Finland. The subject of the research the relationship between the level of corruption, economic growth and the quality of life of the population. The study uses statistical research methods. The initial data of the study were the reports of Transparency International on the Corruption Perceptions Index, UNDP on the Human Development Index, as well as official data from the state statistical services of the countries in question.In the course of the work, the boundaries of the interpretation of the term “corruption” were determined, the relevance of the study of the relationship between corruption, GDP per capita and the quality of life was briefly described, and a correlation analysis was carried out between the indicators. The results of the study represent conclusions about the quality and strength of the relationship between corruption, economic growth and the quality of life of the population. The scientific contribution of the research is to substantiate possible directions for improving research to establish the relationship between corruption and other socio-economic indicators. The practical significance of the study lies in the presentation of the evidence base for the fact that the relationship of the studied indicators may be different in different countries. The direction for future research is the possibility of using the assessment methodology for other groups of countries.

scholarly journals The Investments Efficiency Toward Economic Growth: ICOR of the Republic of Croatia and Slovenia - Comparative Analysis

2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Jeton Mazllami ◽  
Keyword(s):  
Economic Growth ◽  
Comparative Analysis ◽  
Developed Countries ◽  
Investment Efficiency ◽  
Specific Objective ◽  
National Economic ◽  
The World ◽  
Output Ratio ◽  
The Republic ◽  
The Impact

Most developing and developed countries, today are faced with a lot of economic, social, and political challenges as a result of internal or external factors such as the World Financial Crisis and Covid19. In these circumstances, the crucial objective of any government is to improve the national economic performance by increasing domestics and foreign investments. Investments efficiency is the main pillar in the increase of the economic growth of any economy. This paper aims to measure the efficiency of the investments towards economic growth in the Republic of Croatia and Slovenia by applying a comparative analysis. The specific objective of our paper is to determine the best ICOR level, the correlation between ICOR and GDP, and the impact on the economic growth of both countries. The research methodology will include the analysis of the efficiency of the investment measured by the indicators Incremental Capital-Output Ratio (ICOR) based on the World Bank approach. The period of observation includes the period from the year 1995 to 2020. The investment efficiency (ICOR) in both countries is expected to move between 1 and 6. The findings of this research are that each one-point decrease of the ICOR level of Croatia increases the economic growth by 1.961 percent, while the ICOR level of Slovenia increases less the Economic growth by 0.259 percent.

scholarly journals «GREEN» TECHNOLOGIES AS A FACTOR IN THE SUSTAINABLE DEVELOPMENT OF THE NATIONAL ECONOMY

2021 ◽  
Vol 230 (4) ◽  
pp. 423-430
Author(s):  
E.I. MANTAEVA ◽  
◽  
V.S. GOLDENOVA ◽  
I.V. SLOBODCHIKOVA ◽  
◽  
...  
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
National Economy ◽  
Geothermal Energy ◽  
Developed Countries ◽  
Green Energy ◽  
Green Technologies ◽  
The Sustainable Development ◽  
The Right

Since the late 1980s there has been a global rethinking of the human impact on the environment. This led to the emergence of various theories emphasizing environmental stewardship while maintaining a sustainable rate of economic growth. These theories are called the concept of sustainable development. The ecological component of sustainable development emphasizes a frugal attitude to the ecosystem, «green» technologies as the basis for innovative growth and protection of the right of future generations to the quality of the environment. Most developed countries already emphasize the development of such "green" technologies as hydropower, wind power, solar and bioenergy, and geothermal energy. Due to the growing demand of countries for energy resources, it is the development of "green" energy that can become a key point of economic growth of the national economy without harming the environment.

Research on the Sports Economy Effection in National Economic Development

2014 ◽  
Vol 556-562 ◽  
pp. 6519-6521 ◽  
Author(s):  
Chun Hua Jiang ◽  
Feng Liang
Keyword(s):  
Economic Development ◽  
National Economy ◽  
Rapid Development ◽  
Developed Countries ◽  
Economic Activities ◽  
Initial Stage ◽  
National Economic ◽  
Social And Economic Development ◽  
National Economic Development

With the rapid development of our country, the statue of sports economy is becoming more and more important in the national economy. The sports economy refers to the sports related economic activities, it is the product of social and economic development to a certain period. Nowadays, the sport economy in our country is till at its initial stage comparing to some developed countries. In this paper, we analyze the sports economy impact in the national economic development. The relationships between sports economy and national economic development have been deeply researched. Finally, some conclusions are proposed in this paper.

scholarly journals The Role of International Standards in Improving the Quality of Enterprises

2021 ◽  
Vol 12 (6) ◽  
pp. 1380-1388
Author(s):  
Kheyri Umudova, Leyla Yusifova, Konul Azizova
Keyword(s):  
Rapid Development ◽  
Developed Countries ◽  
International Standards ◽  
Production Costs ◽  
Iso 9001 ◽  
Easy Access ◽  
High Quality ◽  
Main Requirement ◽  
The World

One of the main problems facing organizations that exist today is adapting to the conditions of market economy and to protect the position it has reached in the market. Recently, as the main result of the rapid development of science and technology the world economy put the high quality of produced products and offered services to enterprises as the main requirement. Therefore, entrepreneurs prefer the use of International Standards that have been tested successfully by many enterprises in many developed countries around the world. Compliance with these requirements will give the company the advantages of increasing image, profits, reducing production costs and losses, as well as access to the international market. High quality of the product, its competitiveness and very easy access to foreign markets are achieved by implementing the requirements of International standards such as ISO 9001, GOST P ISO 9001, EQS, GMP, HACCP, QS 9000, OHSAS 18001 etc.

scholarly journals The Relationship between Sports Industry Development and Economic Growth in China

2021 ◽  
pp. 136-140
Author(s):  
Tetiana Kharchenko ◽  
◽  
Liu Ziming ◽  
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
Economic Development ◽  
National Economy ◽  
Developed Countries ◽  
Industry Development ◽  
Sports Industry ◽  
Traditional Industry ◽  
The Relationship

With the development of economy, people's pursuit of quality of life is increasing day by day, which lays a foundation for the development of sports industry in China. For example, in some western developed countries, the contribution of sports industry to economy has far exceeded that of traditional industry and become a new growth point of economic development. Although China's sports industry has made certain development, it is still in its infancy. Compared with the western developed countries, the development of China's sports industry is still relatively slow, and there are still some problems to be solved in the development of sports industry. This paper mainly studies the relationship between sports industry and economic development in China. Based on the statistical index data of national economy and sports industry development from 2011 to 2020, the relationship between sports industry development and national economic growth in China is empirically analyzed by using mathematical statistics and VAR model. According to the research results, there is a high correlation between the sports industry and economic development. The development of the sports industry is based on a certain level of economic growth of the country, while the development of the sports industry at a certain stage will have a multiplier effect. It is proved that the state should contribute to the development of the sports industry, because this ensures the symbiotic development of the national economy, which generally leads to an increase in the quality of life. To do this, it is necessary to stimulate the activity of the sports market and create a fair and open system of legal support, as well as standardize the assessment and supervision system.

scholarly journals FOREIGN DIRECT INVESTMENTS IN THE ECONOMIC GROWTH OF THE OPEN ECONOMY OF UKRAINE

2021 ◽  
Vol 3 (38) ◽  
pp. 111-124
Author(s):  
V. Rokocha ◽  
S. Tkalenko ◽  
N. Sukurova ◽  
А. Honcharova ◽  
O. Murashko
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Production Function ◽  
Open Economy ◽  
National Economy ◽  
World Economy ◽  
External Factors ◽  
National Economic ◽  
The World ◽  
Multifactor Regression

Abstract. In terms of globalization of the world economy, the open economy of a country participating in the globalization process becomes an organic element of the world economy and thus receives additional incentives for development. International flows of goods and capital allow countries to get new sources for economic growth. Economic growth is now not only a function of internal but also of external factors. It is they who now determine the modernization tendencies of national economic policies, forcing them to move in accordance with world trends. The purpose of the research is to assess the relationship between economic growth of the country and external factors of its economic development, as well as to identify the dependency between external factors in order to clarify their role in the modernization of national economy. With this aim, the analysis of the main parameters of openness of Ukraine’s economy is carried out, as of external factors that influence on the national economic development, changes in the traditional production function under the influence of introduction in it of external factors of development, the estimated indicators of the named influences are modeled. The novelty of the research is the identification of dependency between the forms of openness of the economy and economic growth, the development of a model of relationship between the forms of openness of the economy. Research method. The study is based on a set of economic and economic-mathematical methods that are needed to identify the influence of external factors on the national economy, especially methods of abstraction, systematic and structural-comparative analysis, synthesis and modeling of economic processes. Among the models used in the research is a multifactor regression model. The empirical basis was the materials of official statistics of Ukraine for 1999—2019. The results of research showed: the role of globalization of Ukraine’s economy in its economic development, the importance of FDI as an external factor of economic development, the strong link between international capital flows and international flows of goods into the Ukrainian economy, the positive impact of the latter on the former. Keywords: economic growth, globalization, external factors of economic growth, production function, open economy, FDI, foreign trade, government investment policy. JEL Classification F21, F43, F47, F62 Formulas: 7; fig.: 1; tabl.: 8; bibl.: 24.

Manajemen Ekonomi Outopilot: Kegagalan Negara Mencari Identitas?

Liquidity ◽  
2018 ◽  
Vol 1 (2) ◽  
pp. 142-152
Author(s):  
Mukhaer Pakkanna
Keyword(s):  
Economic Development ◽  
National Economy ◽  
The State ◽  
Political Democracy ◽  
Economic Democracy ◽  
Quality Of Democracy ◽  
Economic Disparities ◽  
National Economic ◽  
Production And Distribution

Political democracy should be equivalent to the economic development of the quality of democracy, economic democracy if not upright, even the owner of the ruling power and money, which is parallel to force global corporatocracy. Consequently, the economic oligarchy preservation reinforces control of production and distribution from upstream to downstream and power monopoly of the market. The implication, increasingly sharp economic disparities, exclusive owner of the money and power become fertile, and the end could jeopardize the harmony of the national economy. The loss of national economic identity that makes people feel lost the “pilot of the state”. What happens then is the autopilot state. Viewing unclear direction of the economy, the national economy should clarify the true figure.

Economic Growth: New Problems and New Risks

2006 ◽  
pp. 20-37 ◽  
Author(s):  
M. Ershov
Keyword(s):  
Economic Growth ◽  
Foreign Exchange ◽  
Driving Force ◽  
Structural Changes ◽  
Rate Of Growth

The economic growth, which is underway in Russia, raises new questions to be addressed. How to improve the quality of growth, increasing the role of new competitive sectors and transforming them into the driving force of growth? How can progressive structural changes be implemented without hampering the rate of growth in general? What are the main external and internal risks, which may undermine positive trends of development? The author looks upon financial, monetary and foreign exchange aspects of the problem and comes up with some suggestions on how to make growth more competitive and sustainable.

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