scholarly journals SUSTAINABLE SOCIAL DEVELOPMENT, ECONOMIC GROWTH AND TECHNOLOGICAL BREAKTHROUGHS: CREATIVITY AND CREATIVE CHANGE

2019 ◽  
Vol 12 (2) ◽  
pp. 301-314 ◽  
Author(s):  
Borisas Melnikas
Keyword(s):  
Economic Growth ◽  
Social Development ◽  
Complex Analysis ◽  
Technological Development ◽  
Holistic Approach ◽  
Integrated Approach ◽  
Economic Life ◽  
Development Economic ◽  
Systematic Analysis ◽  
Development Processes

This theoretical article is intended for complex analysis of complicated phenomena and processes of the promotion of creativity and creative changes in the main areas of the contemporary social and economic life, as well as for the current and most important issues of sustainability, social development, economic growth and technological breakthroughs. Purpose – to prepare, disseminate and implement the new concept of the sustainable social development, economic growth, innovations and technological breakthroughs, the essence of which is an integrated holistic approach to harmonization of various development processes and the use of specific managerial tools and instruments based on the ideas of creativity and creative changes.Research methodology – systematic analysis and synthesis of various scientific ideas and approaches, formulation and analysis of new insights. Findings – a new concept of the promotion of creativity and creative changes is prepared. This concept provides an integrated approach to the solution of the problems of social development, economic growth, innovation activities, technological progress and breakthroughs, as well as of the application of the specific managerial tools and instruments based on the ideas of creativity and creative changes. Implementation of this concept in the practice of the social and economic activities, research and academic studies creates various preconditions for anticipation and realization of new opportunities for social and economic development and technological breakthroughs under contemporary conditions of globalization, European integration and the creation of knowledge-based society. Research limitations – the proposed concept is limited to the cases of the research on general tendencies and the development processes of the society, as well as to the cases of the macroeconomic analysis and preparation of the strategic decisions for social, economic, political and technological development. Originality/Value – the new insights and perspective ideas provided for the priorities of the various social sciences and humanities, particularly – sociology, economics and management science, and of the application of the specific management tools, are described and analyzed. Orientation to these insights and ideas highlights new significant trends in the scientific research.

scholarly journals SISTEM PERBANKAN DALAM NEGARA KESEJATERAAN DI INDONESIA

to-ra ◽  
2018 ◽  
Vol 4 (2) ◽  
pp. 52
Author(s):  
Hendri Jayadi Pandiangan
Keyword(s):  
Economic Growth ◽  
Banking Sector ◽  
System Development ◽  
Banking System ◽  
National Development ◽  
Economic Life ◽  
Development Economic ◽  
The Public ◽  
Bank Management ◽  
The People

Abstract   The banking system in Indonesia is regulated in Law No.7 of 1992 (amended by Law No.10 of 1998). The development of banking shows the dynamics in economic life. The banking sector in the life of a country is an agent of development, because banks are nancial institutions that have the function as nancial intermediary institutions, namely as institutions that collect funds from the public in the form of deposits and channel them back to the public in the form of credit or nancing. Banking is also an agent of trust, bearing in mind that there is one principle of bank management, the duciary principle. The provisions of Article 4 of Act Number 7 of 1992 concerning Banking as amended by Act Number 10 of 1998 states that Indonesian banks aim to support the implementation of national development in order to improve equity, economic growth, and national stability towards improving the welfare of the people at large.   Keyword:banking system; development; economic growth.

scholarly journals CONTEMPORARY ISSUES IN ECONOMICS ENGINEERING: ECONOMIC GROWTH, DYNAMIC MANAGEMENT, AND TECHNOLOGICAL BREAK-THROUGHS

2019 ◽  
Author(s):  
Borisas Melnikas
Keyword(s):  
Economic Growth ◽  
Technological Progress ◽  
Integrated Approach ◽  
Dynamic Management ◽  
Management Tools ◽  
Systematic Analysis ◽  
Knowledge Based ◽  
Macroeconomic Analysis ◽  
Innovation Activities ◽  
Analysis And Synthesis

Purpose – to prepare, disseminate and implement the new concept of economics engineering, the essence of which is an integrated approach to the problems of economic growth, innovation activities, technological progress, and break-throughs. Research methodology – systematic analysis and synthesis of various scientific ideas and approaches, formulation and analysis of new insights. Findings – a new concept of economics engineering is prepared. This concept provides an integrated approach to the so-lution of the problems of economic growth, innovation activities, technological progress, and breakthroughs, as well as of the application of dynamic management tools. The implementation of this concept in the practice of the economic activ-ities and research creates various preconditions for anticipation and realization of new opportunities for economic devel-opment and technological breakthroughs under contemporary conditions of globalization, European integration and the creation of knowledge-based society and knowledge economy. Research limitations – the proposed concept is limited to the cases of the macroeconomic analysis and preparation of the strategic economic decisions. Practical implications – the proposed concept is usable in various cases of economic policy decisions making. Originality/Value – the new insights and perspective ideas provided for the priorities of the economics engineering sci-ence and of the application of the dynamic management tools, are described and analyzed. Orientation to these insights and ideas highlights new significant trends in the scientific research of economic profile

The Nexus between Financial Development, Economic Growth and Energy Consumption in India: A VECM Technique

2020 ◽  
pp. 602-612
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Financial Development ◽  
Consumer Price Index ◽  
Development Economic ◽  
Energy Prices ◽  
Vector Error Correction ◽  
Percent Increase ◽  
Growth Energy ◽  
The Impact

The demand for energy consumption requires efficient financial development in terms of bank credit. Therefore, this study examines the nexus between Financial Development, Economic Growth, Energy Prices and Energy Consumption in India, utilizing Vector Error Correction Model (VECM) technique to determine the nature of short and long term relationships from 2010 to 2019. The estimation of results indicates that a one percent increase in bank credits to private sector results in 0.10 percent increase in energy consumption and 0.28 percent increase in energy consumption responses to 1 percent increase in economic growth. It is also observed that the impact of energy price proxied by consumer price index is statistically significant with a negative sign indicating the consistency with the theory.

Growth and Social Capital: Empirical Analysis of the Relationship

2019 ◽  
pp. 128-134
Author(s):  
Ksenia V. Bagmet
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Economic Development ◽  
Social Development ◽  
Empirical Analysis ◽  
Panel Data Analysis ◽  
Well Being ◽  
Developed Countries ◽  
International Institute ◽  
Level Of Economic Development

The article provides an empirical test of the hypothesis of the influence of the level of economic development of the country on the level of development of its social capital based on panel data analysis. In this study, the Indices of Social Development elaborated by the International Institute of Social Studies under World Bank support are used as an indicators of social capital development as they best meet the requirements for complexity (include six integrated indicators of Civic Activism, Clubs and Associations, Intergroup Cohesion, Interpersonal Safety and Trust, Gender Equality, Inclusion of Minorities), comprehensiveness of measurement, sustainability. In order to provide an empirical analysis, we built a panel that includes data for 20 countries divided into four groups according to the level of economic development. The first G7 countries (France, Germany, Italy, United Kingdom); the second group is the economically developed countries, EU members and Turkey, the third group is the new EU member states (Estonia, Latvia, Lithuania, Romania); to the fourth group – post-Soviet republics (Armenia, Georgia, Russian Federation, Ukraine). The analysis shows that the parameters of economic development of countries cannot be completely excluded from the determinants of social capital. Indicators show that the slowdown in economic growth leads to greater cohesion among people in communities, social control over the efficiency of distribution and use of funds, and enforcement of property rights. The level of tolerance to racial diversity and the likelihood of negative externalities will depend on the change in the rate of economic growth. Also, increasing the well-being of people will have a positive impact on the level of citizens’ personal safety, reducing the level of crime, increasing trust. Key words: social capital, economic growth, determinant, indice of social development.

Compressed Development

2020 ◽  
Author(s):  
D. Hugh Whittaker ◽  
Timothy Sturgeon ◽  
Toshie Okita ◽  
Tianbiao Zhu
Keyword(s):  
Social Development ◽  
Global Economy ◽  
National Development ◽  
Value Chains ◽  
Middle Income ◽  
The United Kingdom ◽  
Development Processes ◽  
Multiple Levels ◽  
New Perspective ◽  
The One

This book highlights the importance of time and timing in economic and social development. ‘Compressed development’ consists of two key features and their interaction: the tendency for development processes to unfold more rapidly (compression) and the institution-shaping influences of major periods of change and growth, especially when countries become integrated into the global economy (era). Using an interdisciplinary conceptual framework of state–market and organization–technology co-evolution, the authors contrast the experiences of ‘early’ and ‘late’ developers such as the United Kingdom and Japan, with countries–most notably China–which have become more deeply integrated with the global economy since the 1990s. Compressed developers experience ‘thin industrialization’, layered types of employment, and ‘double burdens’ or challenges in social development. National development strategies must accommodate global value chains and powerful international actors on the one hand, and decentralization on the other. To cope, and thrive, states must remain developmental, whilst being increasingly engaged and adaptive in multiple levels of governance. Compressed Development explores the historical and contemporary features of economic and social development at the intersection of development studies and studies of globalization. By bringing a new perspective on the ‘middle-income trap’, as well as the emerging digital economy, and the state–market and geopolitical tensions that are currently upending conventional wisdoms, the book offers timely insights that will be useful, not only for students of development, but for policymakers, business, and labour organization seeking to navigate the rushing currents of contemporary capitalism.

Urban Social Development Processes.

1979 ◽  
Vol 8 (1) ◽  
pp. 87
Author(s):  
Jiri Kolaja ◽  
Bohdan Jalowiecki
Keyword(s):  
Social Development ◽  
Development Processes
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