scholarly journals Population Income as a Factor of Economic Growth in the Kyrgyz Republic

2021 ◽  
Author(s):  
Khicheza Fynchina
Keyword(s):  
Economic Growth ◽  
Household Income ◽  
Gdp Growth ◽  
Kyrgyz Republic ◽  
Sharp Decline ◽  
Mathematical Methods ◽  
Development Indicators ◽  
Composition And Structure ◽  
Main Factors ◽  
The Individual

This article examines the indicators of income of the population as the main factors of social and economic growth of the Kyrgyz Republic. In the context of a sharp decline in economic development indicators, the finances of the population are a significant factor influencing GDP growth. The analysis uses statistical and economic and mathematical methods based on the application of the methodology of economic and mathematical modeling. The analysis of the composition and structure of household income is carried out. Models of multiple and paired regressions of types of income and components of income of the population have been built. A high dependence of GDP on income from employment has been revealed. The degree of influence of particular indicators of the development of the individual entrepreneurship sector on the growth of income in terms of employment of the population of the Kyrgyz Republic is determined.

scholarly journals ANALYSIS OF TRENDS IN THE DEVELOPMENT OF THE NATIONAL ECONOMY BY REGIONAL SIGN TAKING INTO ACCOUNT THE ECOLOGICAL COMPONENT

2020 ◽  
Vol 1 (1) ◽  
pp. 50-54
Author(s):  
Kostiantyn Shaposhnykov ◽  
Yuriy Pavelko
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
Growth Rates ◽  
Population Decline ◽  
Environmental Damage ◽  
Gdp Growth ◽  
Mathematical Methods ◽  
Constant Attention ◽  
Protection Measures ◽  
Environmental Component

The purpose of this work is to study the development of the national economy in recent years taking into account the environmental component. It is proved that providing conditions for long-term economic growth is the primary task of macroeconomy of any country. Unstable development of the national economy in recent decades accompanied by prolonged crises, as well as a slow path of reforming all spheres of life on the way to building a democratic society with a developed market economy cause constant attention of domestic scientists to this direction. Methodology. The results of environmental protection measures are classified, based on the practical use of modern economic and mathematical methods and models. Results. It is proved that when using these methods, the results of law enforcement measures can be divided into the following groups: in the conditions of positive rates of economic development, the volumes of atmospheric emissions of pollutants and carbon dioxide had a negative dynamics. This scenario of environmental and economic efficiency is the most desirable; positive growth rates of fresh water use are inferior to GDP growth rates, the rates of waste generation and water abstraction exceed the dynamics of GDP growth. This scenario is the least acceptable, as not only environmental damage is increasing in absolute terms, but environmental performance is also deteriorating. Practical implications. The period of 2015–2018 was chosen for research as it was characterized by the resumption of gradual economic growth in most sectors of the economy after the deep crisis of 2014. The available data of the State Statistics Service of Ukraine for 2019 has not currently contained complete information on volumes anthropogenic impact. The leaders of regional development in terms of GRP growth in 2015–2018 were Volyn (+ 5.72%), Kyiv (+ 5.66%) and Zhytomyr (+ 5.00%) regions. In contrast, the most depressed regions with negative economic growth rates were Donetsk (-1.86%), Luhansk (-0.84%) and Poltava (-0.51%) regions. In the latter region, the rate of population decline exceeded the increase in labor productivity, resulting in a decrease in performance. Value/originality of the work is the analysis of trends in the national economy taking into account the environmental component, which in contrast to the existing comes from modern experience of practical use of economic and mathematical methods, which allows to develop recommendations based on quantitative estimates.

scholarly journals Testing the Validity of Keynesian Military Model of Fiscal Side in Case of Pakistan

2020 ◽  
Vol 6 (3) ◽  
pp. 675-686
Author(s):  
Ahmed Gulzar ◽  
Allah Ditta ◽  
Hafeez ur Rehman ◽  
Naghmana Ghafoor
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
Series Data ◽  
Growth Time ◽  
Gdp Growth ◽  
Development Indicators ◽  
Long Run ◽  
Short Run ◽  
Military Expenditures ◽  
The Impact

The objective of the study was to determine the impact of national security expenditures (military expenditures) on economic growth. Time series data from 1981 to 2018 on annual frequency on GDP growth rate, military expenditures as percentage of GDP, imports as percentage of GDP, unemployment rate, FDI as percentage of GDP and percentage of population living in agglomeration cities taken from online World Development Indicators. Johansen Co-integration and VECM methodology are applied to check the long run relationship and to get the long run and short run coefficient values. The major findings of this study explain that there is found the positive and significant relationship between military expenditures and economic growth of Pakistan both in long run and in short run. It explains that military expenditures are the key driver of economic growth both in short run and in the long run. The impact of imports on GDP growth was also found to be positive and significant both in long run and in short run. The impact of FDI is found positive and significant both in the long run and in the short run. The impact of migration of population to agglomeration cities have huge impact on growth were observed. The impact of unemployment was found to be negative on economic growth in short run.

Financial development and economic growth in SADC countries: a panel study

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Clement Moyo ◽  
Pierre Le Roux
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
Banking Sector ◽  
Global Financial Crisis ◽  
Panel Study ◽  
Content Type ◽  
Development Indicators ◽  
Banking Sector Development ◽  
The Individual ◽  
The Impact

PurposeThe impact of financial development on economic growth has received considerable attention since the 2008/2009 global financial crisis. High levels of credit to the private sector were partly to blame for the crisis, and this has re-ignited the debate on whether the growth-enhancing effects of financial development outweigh the retarding effects associated with financial crises. This paper therefore examines the financial development–growth nexus in SADC countries during the period 1990–2015.Design/methodology/approachThe empirical analysis is conducted using the pooled mean group estimator. Furthermore, financial development indices are created due to the strong correlations between the individual financial development indicators using principal component analysis.FindingsThe results show that financial development, captured by the indices or the individual financial development indicators, has a negative impact on economic growth in the long term.Research limitations/implicationsDue to the unavailability of data, the study only focussed on banking sector development. The researcher would have preferred to incorporate stock market development.Practical implicationsDue to financial vulnerabilities emanating from an inadequate monitoring and supervisory framework, further enhancement of financial development should be undertaken with caution in SADC countries. Therefore, institutional quality should be enhanced in order for SADC countries to benefit from the development of the financial sector.Originality/valueMost studies investigating the financial development–growth nexus in SADC countries utilise the individual measures of financial development which often produce contradicting results. This study constructs financial development indices to capture the impact of various banking sector development indicators on growth.

scholarly journals Is Economic Growth Working for Jobs? An Investigation of the Employment Generating Capacity of the Nigerian Economy

2020 ◽  
Vol 3 (4) ◽  
Author(s):  
Olumuyiwa Olamade ◽  
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Ordinary Least Squares ◽  
Gdp Growth ◽  
Okun’S Law ◽  
Okun's Law ◽  
Development Indicators ◽  
Long Run ◽  
Generating Capacity ◽  
Short Run

Nigeria has been best with the incidence of concurrent unemployment and a good run of economic growth thus calling to question the efficacy of economic growth to create jobs in the country. In this paper, we examine first whether there exists any relationship between economic growth and employment in the manner espoused by Okun’s law and then interpret the coefficient of the relationship as indicative of the capacity of the economy to translate growth into employment. Due to the unreliability of unemployment data in many developing countries we use the growth rate of employment as the dependent variable and thus expect to find a positive relationship with economic growth. A second model was specified with the growth rate of employment-to-population ratio as the dependent variable. Data were extracted from World Development Indicators and Penn’s World Table for 1961 to 2017. All the variables were level stationary from two different tests of their statistical properties. We thus estimate the Ordinary Least Squares for the short-run coefficients and explore the robustness of the ARDL to different orders of integration for the long-run form. Both establish the application of Okun’s law to Nigeria with the employment elasticity of GDP growth too small to generate discernible growth in employment. We estimated an average GDP growth of 16.22% over the long-run for the economy to keep a steady growth in employment.

Oil, Rates and Inflation

2005 ◽  
pp. 4-20
Author(s):  
E. Yasin
Keyword(s):  
Economic Growth ◽  
Money Supply ◽  
Raw Materials ◽  
Gdp Growth ◽  
Business Activity ◽  
Demand For Money ◽  
Percentage Points

Currency inflow in Russia from raw materials exports allows taking into account high business activity to assimilate growing money supply transforming it into economic growth. Fall in business activity as a result of pressure on business led to saturation of demand for money. This considerably increases the danger of inflation growth and requires sterilization of excess money supply including the usage of the Stabilization Fund. According to the author's estimates, corresponding losses in GDP growth will equal 1-2 percentage points per year.

The world and Russia: Inflation is minimal, economic growth is slowing, risks are rising

2019 ◽  
pp. 5-23 ◽  
Author(s):  
Mikhail V. Ershov ◽  
Anna S. Tanasova
Keyword(s):  
Economic Growth ◽  
Financial Markets ◽  
World Economy ◽  
Domestic Demand ◽  
New Combination ◽  
Russian Economy ◽  
The World ◽  
World Economic ◽  
Money Creation ◽  
Main Factors

Russian economy has reached the low level of inflation, but economic growth has not accelerated. Moreover, according to official forecasts, in the following years it will still be low. The article concludes that domestic demand, which is one of the main factors of growth, is significantly constrained by monetary, budgetary and fiscal spheres. The situation in the Russian economy is still hampered by the decline of the world economic growth. The prospects of financial markets are highly uncertain. This increases the possibility of crisis in the world. Leading countries widely use non-traditional measures to support their economies in the similar environment. In the world economy as well as in Russia a principally new combination of factors has emerged, which create specific features of economic growth. It requires special set of measures to stimulate such growth. The article proves that Russian regulators have large unused potential to stimulate growth. It includes monetization, long-money creation, budget and tax stimuli. It is important that the instruments, which will be used, should be based on domestic mechanisms. This will strengthen financial basis of the economy and may encourage economic growth. Some specific suggestions as to their use are made.

Economic Growth and Macro Variables in India: An Empirical Study

2015 ◽  
pp. 42-59
Author(s):  
Saba Ismail ◽  
Shahid Ahmed
Keyword(s):  
Economic Growth ◽  
Growth Rates ◽  
Trade Openness ◽  
Capital Formation ◽  
Gdp Growth ◽  
Fdi Inflows ◽  
Domestic Capital ◽  
The Government ◽  
Macro Variables ◽  
Determinants Of Economic Growth

The research objective of this paper is to explore the empirical linkages between economic growth and foreign direct investment (FDI), gross fixed capital formation (GFCF) and trade openness in India (TOP) over the period 1980 to 2013. The study reveals a positive relationship between economic growth and FDI, GFCF and TOP. This study establishes a strong unidirectional causal flow from changes in FDI, trade openness and capital formation to the economic growth rates of India. The impulse response function traces the positive influence of these macro variables on the GDP growth rates of India. The study also reveals that the volatility of GDP growth rates in India is mainly attributed to the variation in the level of GFCF and FDI. The study concludes that the FDI inflows and the size of capital formation are the main determinants of economic growth. In view of this, it is expected that the government of India should provide more policy focus on promoting FDI inflows and domestic capital formations to increase its economic growth in the long-term.

Tax revenue and economic growth in developing country: an autoregressive distribution lags approach

2020 ◽  
Vol 7 (54) ◽  
pp. 205-217
Author(s):  
Mnaku Honest Maganya
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Testing Procedure ◽  
Gdp Growth ◽  
Bounds Testing ◽  
Causality Test ◽  
Significance Level ◽  
Distributed Lag ◽  
Distributed Lag Model ◽  
The Government

AbstractTanzania, like most other developing countries, faces numerous economic challenges in striving to achieve sustainable economic growth and development through taxation. In the literature, the debate on how effective taxes are as a tool for promoting economic growth and economic development remains inconclusive, as various research have reported mixed effects of tax on economic growth. This article investigates the effect of taxation on economic growth in Tanzania using the recently developed technique of autoregressive distributed lag model (ARDL) bounds testing procedure for the period from 1996 to 2019. Various preliminary tests were conducted including stationary tests as well as the pair-wise Granger causality test. According to the results obtained, domestic goods and services (TGS) taxes are positively related to GDP growth and are statistically significant at 1% level. Income taxes, on the other hand, were found to be negatively related to GDP growth and to be statistically significant at 5% level. The pair-wise Granger causality results indicated that there is bidirectional Granger causality between TGS and GDP growth at 1 % significance level. The government should aim at growing, nurturing and sustaining tax base to positively drive economic growth even further.

Financial and monetary policy of the State and its impact on the income level and poverty reduction in Russia

2020 ◽  
Vol 26 (5) ◽  
pp. 964-990
Author(s):  
N.I. Kulikov ◽  
V.L. Parkhomenko ◽  
Akun Anna Stefani Rozi Mobio
Keyword(s):  
Monetary Policy ◽  
Household Income ◽  
Poverty Reduction ◽  
The State ◽  
Financial Policy ◽  
Gdp Growth ◽  
Tax Rate ◽  
Gdp Growth Rate ◽  
The Government ◽  
The Impact

Subject. We assess the impact of tight financial and monetary policy of the government of the Russian Federation and the Bank of Russia on the level of household income and poverty reduction in Russia. Objectives. The purpose of the study is to analyze the results of financial and monetary policy in Russia and determine why the situation with household income and poverty has not changed for the recent six years, and the GDP growth rate in Russia is significantly lagging behind the global average. Methods. The study employs methods of analysis of scientific and information base, and synthesis of obtained data. The methodology and theoretical framework draw upon works of domestic and foreign scientists on economic and financial support to economy and population’s income. Results. We offer measures for liberalization of the financial and monetary policy of the government and the Central Bank to ensure changes in the structure of the Russian economy. The proposed alternative economic and financial policy of the State will enable the growth of real incomes of the population, poverty reduction by half by 2024, and annual GDP growth up to 6 per cent. Conclusions. It is crucial to change budget priorities, increase the salaries of public employees, introduce a progressive tax rate for individuals; to reduce the key rate to the value of annual inflation and limit the bank margin. The country needs a phased program to increase the population's income, which will ensure consumer demand.

Полиязычие в образовании как кондиция развития Кыргызстана

2019 ◽  
pp. 24-26
Author(s):  
Гүлия Эрмат кызы
Keyword(s):  
Economic Growth ◽  
Key Words ◽  
Communication Skills ◽  
Language Skills ◽  
Local Population ◽  
Foreign Languages ◽  
Educational Reforms ◽  
Key Words And Phrases ◽  
Kyrgyz Republic ◽  
General Overview

Аннотация: В статье предлагается общий обзор двуязычия в Кыргызской Республике и необходимости изучения иностранных языков для развития толерантной личности. Особое внимание уделяется языковым навыкам обучающихся как одному из важных условий развития страны в целом. Соблюдение координации в преподавании иностранного, русского и родного языков является одним из главных стимулов поддержания и повышения интереса к изучению языков. Владение несколькими языками дает человеку способность осуществлять коммуникативную деятельность и стремиться к расширению лингвистического мировоззрения. Многоязыковая коммуникативная способность населения также может рассматриваться как одно из условий экономического роста в республике. Ключевые слова: Двуязычие, полиязычие, культура, национальность, конкурентоспособность, стратегия, образовательные реформы, коммуникативные навыки, лингвистическое сознание, гражданская интеграция Аннотация: Макалада Кыргыз Республикасындагы орун алган билингвизм боюнча жалпы сереп сунушталып, коомдогу толеранттуулукту илгерилетүүдө чет тилдерди үйрөнүү зарылчылыгы баяндалат. Өлкөнүн бүтүндөй өнүгүү жолунда, маанилүү шарттардын бири – бул англис, орус жана кыргыз тилдерин окутуудагы болгон координациянын сакталышы эсептелинет. Адамдын бир нече тилдерди билүүсү, ага болгон кызыгуу менен гана чектелип кала бербестен, жеке коммуникативдик жөндөмдү андан ары кеңейтүүгө өбөлгө түзөт. Жергиликтүү калктын коммуникативдик потенциалы өлкөнүн экономикалык өсүүсүнө түздөн-түз таасирин тийгизип, жарандык интеграцияга мүмкүнчүлүк түзүлөт. Түйүндүү сөздөр: Билингвизм, полилингвизм, маданият, улут, атаандаштык, стратегия, билим берүү реформасы, коммуникативдик аң-сезим, жарандык интеграция. The article offers a general overview of bilingualism in the Kyrgyz Republic and the need to learn foreign languages for advancing tolerance in a society. Special attention is paid to the language skills of people as one of the important development conditions of the country itself. Compliance with coordination in the teaching of the English, Russian and Kyrgyz languages is one of the main ways to maintain and increase interest in the study of languages. Knowledge of several languages gives a person an ability to carry out communicative activities and strive to expand own linguistic worldview. Multilingual communicative capacity of the local population can also be considered as one of the conditions for economic growth in the country. Key words and phrases: Bilingualism, polylinguism, culture, nationality, competitiveness, strategy, educational reforms, communication skills, linguistic consciousness, civil integration.

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