scholarly journals The sustainability of economic growth in agriculture of Russia as a result of incompleteness of institutional changes

2016 ◽  
Author(s):  
Rishat Anatoljvich Migunow
Keyword(s):  
Economic Growth ◽  
Institutional Changes

STUDY OF THE IMPACT OF RAISING THE RETIREMENT AGE ON ECONOMIC GROWTH IN THE DIGITAL ECONOMY IN RUSSIA AND EUROPE

2020 ◽  
Author(s):  
Svetlana Apenko ◽  
◽  
Olga Kiriliuk ◽  
Elena Legchilina ◽  
Tatiana Tsalko ◽  
...  
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
Economic Policy ◽  
Labor Relations ◽  
Pension Reform ◽  
Digital Economy ◽  
Institutional Changes ◽  
Retirement Age ◽  
The Impact

The article presents the results of a study of the impact of pension reform in Russia on economic growth and quality of life in a digital economy, taking into account the experience of raising the retirement age in Europe. The aim of the study was to identify and analyze the impact of raising the retirement age on economic growth in the context of the development of digitalization in Russia and a comparative analysis with European countries. Results: the studies conducted allowed us to develop a system of indicators characterizing the impact of raising the retirement age on economic growth and the quality of life of the population in the context of digitalization. The authors found that raising the retirement age leads to a change in labor relations in Russia and Europe. The application of the proposed indicators can be used in the formation of a balanced state socio-economic policy in the field of institutional changes in the field of labor relations and raising the retirement age. The study was carried out under a grant from the RFBR № 19-010-00362 А.

scholarly journals Reconstructing the Performance of Pakistan’s Political Economy: Another Paradigm

2011 ◽  
Vol 16 (Special Edition) ◽  
pp. 31-70 ◽  
Author(s):  
Inayat Ullah Mangla
Keyword(s):  
Economic Growth ◽  
Political Economy ◽  
Monetary Policy ◽  
Institutional Changes ◽  
Policy Makers ◽  
Structural Problems ◽  
Major Factors

This paper looks at the major factors limiting economic growth in Pakistan. The paper then analyzes the structural problems faced by Pakistan today and goes on to discuss the challenges facing monetary policy makers in Pakistan as well as the problem of budget and trade deficits. The paper concludes with a discussion on the key institutional changes needed in Pakistan.

scholarly journals Growth and institutional changes: a historical evolution

2021 ◽  
Vol 41 (2) ◽  
pp. 292-313
Author(s):  
ALESSANDRO MORSELLI
Keyword(s):  
Economic Growth ◽  
Dynamic Theory ◽  
Economic Change ◽  
Economic Systems ◽  
Institutional Changes ◽  
Historical Evolution ◽  
Incentive Structure ◽  
Neoclassical Theory ◽  
Process Of Change ◽  
Human Environment

ABSTRACT This paper highlights the fact that neoclassical theory cannot explain the process of economic change. In an uncertain and ever-changing world, a theory based on static equilibrium models is of little help. Whereas we have placed the institutions at the centre of the understanding of economic systems, since they constitute their incentive structure. Thus, economic change is largely an intentional process created by individuals’ perceptions of the consequences of their actions. These perceptions, coming from the beliefs of individuals, combine with their preferences. In the end, a dynamic theory of economic change will not be built, but an attempt will be made to understand the link between institutions and economic growth, the process of change, and to develop assumptions, within its limits, capable of improving the human environment and economic results.

Institutional Change and Economic Growth in China: The View from the Villages

1990 ◽  
Vol 49 (1) ◽  
pp. 3-25 ◽  
Author(s):  
Victor Nee ◽  
Su Sijin
Keyword(s):  
Economic Growth ◽  
Private Sector ◽  
Institutional Change ◽  
Household Production ◽  
Organizational Form ◽  
Private Household ◽  
Institutional Changes ◽  
Household Sector ◽  
Cooperative Enterprises ◽  
The Relationship

The maoist era of egalitarian collectivism has decidedly come to an end. Although some villages persist in developing cooperative enterprises, the collective is being transformed from a dominant organizational form to one that plays a subsidiary role to the private household sector. In effect, the collective has been relegated to the position formerly held by the private sector. Everywhere the emphasis is on economic growth based on household production and marketlike forces. What is the relationship between these institutional changes and economic growth?

A two-thirds of success. Poland’s post-communist transformation 1989–2009

2009 ◽  
Vol 42 (3) ◽  
pp. 325-351 ◽  
Author(s):  
Grzegorz W. Kolodko
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Gross Domestic Product ◽  
Policy Coordination ◽  
Institutional Changes ◽  
Communist Country ◽  
Economic Policies ◽  
Economic Theories ◽  
Cultural Aspects ◽  
Socio Economic Development

The progress toward institutional changes should be evaluated through the prism of their influence on a country’s development abilities. In Poland, during the twenty years of comprehensive systemic shift, gross domestic product (GDP) has increased more than in any other post-communist country. While judging the transformation progress, not only the improvement of competitiveness and growth in terms of quantity must be taken into account, but also social and cultural aspects. There have been five distinct periods in Poland, from the viewpoint of economic growth. Had there been a better policy coordination of systemic change and socio-economic development, GDP over the periods considered could have increased by a half more. This opportunity has been missed due to the intermittent implementation of wrong economic policies based on wrong economic theories. Poland’s transformation can be seen as a success, but only to the extent of two-thirds of its potential.

scholarly journals Regulation of institutional changes in the social sector of the national economy: conceptual approach

2018 ◽  
Vol 2 (4) ◽  
pp. 103-110
Author(s):  
Ksenia Bagmet
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
State Regulation ◽  
Institutional Changes ◽  
Inclusive Growth ◽  
Social Sector ◽  
Conceptual Approach ◽  
Education Development ◽  
Long Run ◽  
The Social

Introduction. The development of the national economy under the modern conditions is increasingly determined by the potential both of the commercial sector and also of the social sector development level since a number of economic policy tasks concern this sector. Issues of economic and social inequality are increasingly being explored in terms of their impact on economic growth in a long run. The complexity of implementing state regulation of the social sector to ensure inclusive growth raises a number of problems, because policies need to be coherent and institutional arrangements are effectively implemented. Aim and tasks. The purpose of the study is to substantiate a conceptual approach to institutional transformations regulating of the social sector of the national economy, based on the principles of inclusive economic growth. Results. According to the institutional changes theory, the formation of a coherent strategy regarding the state regulation of institutional changes in the social sector of the national economy requires consideration of the dependence on the previous way of development. So, the structure that is being formed requires both vertical (with basic institutions) and horizontal (with institutions formed within the social sector) coordination. Development of two mentioned types of interactions should be aligned with the strategy of state regulation of the social sector of the national economy - market-coherent and socially-coherent and gives the opportunity to achieve both social and economic (commercial) results, to balance the measures aimed at these interactions. Conclusions. Within the framework of the problem of creation of an effective system of state regulation solution for ensuring inclusive growth within the proposed approach, the necessity of stakeholder interaction development, creation of an institutional and economic environment for the development of market-coherent and socially-coherent interactions considering achievement of economic growth with simultaneous achievement of social goals is ensured. Strategic direction of state regulation of institutional changes in the social sector of the national economy can be considered a gradual shift from the institutions of income redistribution to participation institutions (education, infrastructure, etc.). Education development is one of the priorities, as research findings indicate that the problem of access to education is a significant factor in inequality.

scholarly journals Institutions, taxation, and market relationships in ancient Athens

2010 ◽  
Vol 6 (4) ◽  
pp. 505-527 ◽  
Author(s):  
CARL HAMPUS LYTTKENS
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Fourth Century ◽  
Economic Life ◽  
Institutional Changes ◽  
Credible Commitments ◽  
Individual Behaviour ◽  
Ancient Athens ◽  
Informal Rules

Abstract:This paper explores the institutional and economic development in ancient Athens from around 600 BC into the fourth century, a period during which the Athenians experienced oligarchy, tyranny, a gradually evolving but eventually far-reaching male democracy, followed by a return to more influence for the elite. Concomitantly, economic life changed qualitatively and quantitatively. Self-sufficient farming gradually gave way to market relationships and there was substantial economic growth. This analysis of institutional changes in Athens emphasizes the importance of credible commitments from those in power to other groups in society. It is furthermore likely that the increasing reliance on market relationships gradually transformed individual behaviour and individual beliefs, leading to changes in the formal and informal rules in society. Taxation played an important role: it pushed people into market relationships, illustrated the need for credible commitments, and helps to explain why foreigners were so prominent in trade in ancient Athens.

Institutional Change in Shopfloor Governance and the Trajectory of Postwar Injury Rates in U.S. Manufacturing, 1946–1970

ILR Review ◽  
1998 ◽  
Vol 51 (2) ◽  
pp. 187-203
Author(s):  
David Fairris
Keyword(s):  
Economic Growth ◽  
World War Ii ◽  
Institutional Changes ◽  
Technological Changes ◽  
World War ◽  
Injury Rates ◽  
Rapid Economic Growth ◽  
The 1960S ◽  
Changing Demographics ◽  
Shaped Pattern

Manufacturing injury rates followed a U-shaped pattern over the 1946–70 period, falling for roughly the first fifteen years after World War II and then rising by an almost equal amount in the following decade. Rapid economic growth, changing demographics of the manufacturing labor force, and technological changes in production cannot account for the rising injury rates during the 1960s. Basing his analysis on a variety of sources, the author of this paper argues, instead, that the rise in injury rates reflects institutional changes in the system of shopfloor governance during the late 1950s that reduced the power of workers to influence shopfloor conditions.

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