Development Lessons from the Korean Experience—A Review Article

1982 ◽  
Vol 42 (1) ◽  
pp. 91-104 ◽  
Author(s):  
David I. Steinberg

The Harvard University–Korea Development Institute eight-volume study of Korean economic development from 1945 to 1975 represents what is probably the single most comprehensive attempt to document economic change in a developing society. Although the volumes concentrate on economics, important omissions are evident, most of them because of the dearth of contributions from noneconomic social scientists and the orientations of the sponsoring institutions. Donors may be strongly tempted to view Korea as a development model, but a variety of internal and external factors make this approach inappropriate.

Author(s):  
Olga Batrak ◽  
◽  
Nataliia Flentei ◽  

The current state of the national economy means that businesses need to constantly look for ways to improve their efficiency and find new ideas to address their shortcomings. The problem of improving the financial condition of the enterprise and finding ways to improve the financial condition of the enterprise is primarily related to the mechanism for assessing the financial condition of the enterprise. The study of the financial condition of the enterprise gives an advantage to the business entity among competitors, allows to identify shortcomings in the activities of the enterprise and to form methods to improve its activities. Both internal and external factors have a significant impact on the financial condition of the enterprise. Since the internal and external environment is constantly changing, so business is characterized by uncertainty. The article considers the specifics of the analysis of the financial condition and prospects of economic development of the outsourcing company. The author generalizes the concept of "financial condition of the enterprise" and substantiates the importance of a comprehensive study of its evaluation indicators. Based on the analysis of the financial condition of Corplex LLC identified promising ways of economic development of the studied outsourcing company.


2016 ◽  
Vol 2 (1) ◽  
Author(s):  
Risna Destiana

It is a fact that the UMKM’s are resistant due to monetary crisis in Indonesia. It proves UMKM’s significant and important roles of the economic development in establishing employment, improving National Gross Domestic Product and developing national industries. Because of these potentials of UMKM’s, banks should provide assistantships by providing their loan as financial aids. It is however, influenced by some factors such as internal and external factors. The aim of this research was to analyze the influence of internal factors which refers to internal bank condition such as third party funds (DPK), capitals, profitability, risk and liquidity toward UMKM’s at syaria banking in Indonesia. The data of the study were taken from general syaria bank (BUS) and syaria business unit (UUS) which were provided in the syaria banking statistic from Indonesian central bank (official website of BI) from 2008 up to Juni 2013. Due to the limited data provided in syaria banking statistic, the 2008 and 2009 data were three-monthly: March, June, September and December while the 2010 to Juni 2013 data were monthly. Thus, there were 50 time series of observation. The data were analyzed by using regression provided in 17.0 ver. SPSS. The result of regression test shows that internal factors which significantly influenced UMKM’s finance at syaria banking were the DPK and liquidity, whereas the other factors such as the capital, profit and risk had no significance on the financing UMKM’s. 


Author(s):  
В. Бабанов ◽  
V. Babanov

The economy as an economic system is under continuous influence of numerous internal and external factors; it is the integral effect of these factors on the processes of economic activity; the Central place in the economy belongs to the processes of production, distribution and consumption of produced and traded in this system are good; the behavior of the consumer depends on many factors, but the main factor here is the utility of the consumed good; new factors that should be considered as problems on the way to economic development are becoming more and more evident; the first of these factors is the transformation of the traditional economy into a digital one; the organization of people’s activities is becoming an increasingly acute problem; the role of man in the key areas of the economy today: production, circulation, consumption — will weaken.


2021 ◽  
Vol 5 (02) ◽  
pp. 239-248
Author(s):  
Muhammad Quranul Kariem ◽  
Noor Ishmatuddin

The Surabaya City Government under the leadership of Tri Risma Harini in the 2015-2020 period has shown various successes with indicators from the economic, development, and environmental sectors. The research method used in this study is a qualitative descriptive method with a literature review approach. The results showed that several internal and external factors of government greatly influenced the development of good governance, which had an impact on the success of governance.


2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Rizwan Ullah Khan ◽  
Yashar Salamzadeh ◽  
Syed Zulfiqar Ali Shah ◽  
Mazhar Hussain

AbstractIn the present era, women are recognized as successful entrepreneurs through their strong desire, qualities, and capabilities for robust economic development. Due to such an important contribution of women in economic development, we propose to investigate the factors which affect women entrepreneur’s success in Pakistan. Data were collected through structured questionnaires from 181 registered SMEs operating in Pakistan. A conceptual model is developed, while SPSS and AMOS software’s are used for analysis. The results indicate that the internal factors including the need for achievements, risk-taking, and self-confidence and external factors including economic factors and socio-cultural factors have a positive and significant influence on the success of women-owned enterprises. This research recommends Small and Medium Enterprises Development Authority (SMEDA), policymakers, and practitioners to encourage women entrepreneurs to run their businesses for the long term by providing a variety of incentives and supports related to those internal and external factors. Numerous studies have been conducted to test the different factors’ effects on women’s entrepreneurial success, but our study investigated some psychological, cultural, and religious factors that are still almost untouched especially in Pakistan. The current study also contributes to the existing literature through empirical shreds of evidence.


2019 ◽  
Vol 8 (3) ◽  
pp. 34-38
Author(s):  
Kadambari . ◽  
Chanderjeet .

Women devote and commit the family, which leads to society and Nation. Social as well as the economic development of women is necessary for the overall development of any society as well as the nation. Entrepreneurship is an inbuilt state of mind of every female individual but not been capitalized in the proper way in which it should be. This research paper on women entrepreneurship has been highly inspired by gender equality issues and development. Today researchers and policies have been more and more fuelled with the idea for women entrepreneurs’ importance for economic growth. Women entrepreneurs are assumed to face the experience of gender inequality and also experience hurdles when starting up and running a business than their male counterparts. The purpose of this empirical study is addressed to find out various motivating and de-, motivating internal and external factors. Reviews the main obstacles facing the female entrepreneurs, also suggest the way for elimination and reduction of such hurdles for development.


2020 ◽  
pp. 261-269
Author(s):  
Chingiz N. Ismayilov ◽  

The article considers the prerequisites and conditions for the transformation of geopolitical processes in the Caspian region. The analysis of influence of internal and external factors on arrangement of political forces in the region. The article shows the trends in the development of economic and political cooperation between the countries of the region. The research focused on the legal status of the Caspian Sea, the use of hydrocarbon resources and protection of the natural environment. The distinctive features and priorities of the economic development of the countries of the Caspian region are revealed.


Author(s):  
Ardi Hamzah

This research objectives were to analysis the internal and external factors on business competition, both simultaneously and partially. This research done with quantitative approach. The population in this research were food and beverage firms listed in Indonesia Stock Exchanges. This research samples were manufacture firms listed in Indonesia Stock Exchanges period 2002 – 2007. Technique of taking the samples done with purposive sampling, namely firm manufacture have not negative earnings and equity for 2002 – 2007. Analysis technique done with statistic descriptive and examination regression, both simultaneously and partial regression. The result of this research without and with lag showed simultaneously internal and external variables have significant effect on business competition. For partial examination without lag showed human resources and marketing, production and finance (equities) had significant effect on business competition, while finance (liabilities), economic development, and outstanding money amount had not significant effect on business competition. In this matter indicated that human resources, marketing, production and finance especially at equities necessarily concerned related with business competition. For partial examination with lag-1 show human resources, marketing, and finance (equities) had significant effect on business competition, while production, finance (liabilities), economic development and outstanding money amount had not significant effect on business competition. In this matter indicating that human resources, marketing, and finance necessary concerned at future business competition.


2020 ◽  
Author(s):  
RIZWAN Ullah KHAN ◽  
Yashar Salamzadeh ◽  
Syed Zulfiqar Ali Shah ◽  
Mazhar Hussain

Abstract In the present era, women are recognized as successful entrepreneurs through their strong desire, qualities and capabilities for robust economic development. Due to such an important contribution of women in economic development, we propose to investigate the factors, which affect women entrepreneur’s success in Pakistan. Data collected through structured questionnaires from 181 registered SMEs operating in Pakistan. A conceptual model is developed, while SPSS and AMOS software’s are used for analysis. The results indicate that the internal factors; including the need for achievements, risk-taking and self-confidence and external factors including economic factors and socio-cultural factors have a positive and significant influence on the success of women-owned enterprises. This research recommends Small and Medium Enterprises Development Authority (SMEDA), policymakers and practitioners to encourage women entrepreneurs to run their businesses for the long term by providing a variety of incentives and supports related to those internal and external factors. Numerous studies have been conducted to test the different factors’ effects on women's entrepreneurial success, but our study investigated some psychological, cultural and religious factors that are still almost untouched especially in Pakistan. The current study also contributes to the existing literature through empirical shreds of evidence.


2020 ◽  
pp. 139-152
Author(s):  
Oksana KVASNYTSIA ◽  
Tetyana NEKLYUDOVA

Introduction. TThe state of the agricultural sector significantly affects the socio-economic development of the state and the welfare of the population, as well as meeting its needs for quality, variety and safe food. To maintain the competitiveness of the agricultural sector and ensure its effective functioning and further development, there is a need to improve the financial mechanism of the industry as an effective tool of state regulation. The urgency of this task is exacerbated by the presence of many unresolved issues in the agricultural sector and the influence of a number of internal and external factors. The purpose of the article is to study the essential aspects of the financial mechanism of the agricultural sector, identify its components, substantiate proposals for improving the financial tools of the state to address the development of the agricultural sector in the face of new risks and threats, and the need for Ukraine’s integration into the world economic space. Results. Theoretical bases of essence and structure of the financial mechanism of agrarian sector are opened, its constituent elements are defined, the offers on perfection of financial tools of influence of the state on the decision of problems of development of agrarian sector are substantiated. The internal and external factors influencing the financial mechanism of the agricultural sector, which should be taken into account in its improvement, are systematized. It is emphasized that improving the financial mechanism to ensure the development of agricultural production should contribute to the formation of high competitiveness of this sector of the economy and increase the effectiveness of its operation in both domestic and international food markets, taking into account the impact of objective laws and societal needs. Perspectives. Further research on the financial mechanism of the agricultural sector should be conducted on the basis of existing domestic and foreign experience in assessing the impact of its components on sustainable economic development, introduction of an effective structure of the financial mechanism and development of practical recommendations to improve financial development of the agricultural sector.


Sign in / Sign up

Export Citation Format

Share Document