scholarly journals The Road to Sustainable Development: Existing Problems and Solutions

Author(s):  
Kaustubh Jain

The debate about developing countries having to choose between economic growth and biodiversity protection has been going on for a long time. This paper sought to add to existing literature written on that topic by exploring the relationship between economic growth and biodiversity loss. It argued that in the long term, developing countries need to protect biodiversity as a prerequisite for economic growth to occur and that the severe impact of biodiversity loss on vulnerable indigenous communities is a reason enough to make the protection of biodiversity a priority. The researcher first identified the primary reasons for why biodiversity occurs, then advocated for the prevention of biodiversity by exploring two impacts of biodiversity loss: the impact on indigenous communities and the impact on economic growth. The paper then briefly also explained the policies that both governments, as well as nongovernment actors, can implement in order to tackle biodiversity loss and protect our environment.

The purpose of this research is to examine the impact of reforms that took place in Indian economy in 1991. Balance of payment difficulty resulted in acute economic crisis and therefore economic reforms were inevitable. Post this incident; there have been three more phases of economic reforms. Economic reforms were compelled due to international pressure of the situation post balance of payment crisis of 1991. The significance of this study lies in the derivation of various ways in which these reforms played a major role in the transformation of Indian economy in the form of its impact on poverty, education, socio-cultural mixture, economic growth etc. We have tried to revisit situation of payments crisis and tried to understand if these reforms were enough and were they concrete measures to tackle long-term problem or if they were only sufficient to handle the crisis. Finally we have tried to find out, as to what was left out of reforms or what other measures could have been taken. Balance of payment difficulties are difficulties faced by most of the underdeveloped or developing countries


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Carole Ibrahim

Purpose The purpose of this paper is to empirically examine the effect of corruption on public debt and economic growth in 20 developing countries over the period 1996-2018. Design/methodology/approach This study makes use of the autoregressive distributed lag (ARDL) model to detect the long-term relationships, on the one hand, between corruption and public debt and, on the other hand, between corruption and economic growth. Findings The empirical results reveal that corruption increases the debt-to-GDP ratio and that the interactions between corruption and public revenues and between corruption and public spending have a positive influence on public debt in the long run. The estimations also show that high corruption hampers long-term economic growth and increases the negative effect of public debt on economic growth in developing countries. Originality/value While corruption is a prevalent phenomenon in most developing countries, the literature still lacks empirical examination of its economic effects. This study fills this gap with the aim of highlighting that high corruption hinders development in developing nations. This study also examines the impact of the interactions between corruption and components of the fiscal balance on public debt. Moreover, while the existing empirical literature uses regression techniques, this paper uses a panel ARDL approach to detect the long-term effects of corruption.


2017 ◽  
Vol 3 (4) ◽  
pp. 580 ◽  
Author(s):  
Nguyen Thi Canh, PhD. Prof. ◽  
Nguyen Anh Phong, PhD.

<p><em>This study used a quantitative method to assess the impact of public investment on private investment and economic growth based on data from 18 developing countries over a 21-year period (1995-2015) by applying PVAR model combined with GMM. The findings show that all public investment and public-private partnership investments affect private investment as well as affect economic growth but the effects vary cyclically, by time period, and by group of countries.</em></p><p><em>For the ASEAN developing countries, public investment crowds out private investment in short term and crowds in private investment in the medium and long term, but it crowds out public-private partnership investment. For the developing countries in Asia, public investment has a positive impact on economic growth with the inverted U-shaped pattern which stimulates growth in the short and medium term, but in the long-term effects of stimulation growth tend to decrease.</em></p>


2020 ◽  
Vol 71 (2) ◽  
pp. 97-108
Author(s):  
Nawaf Alghusin ◽  
Ayman Abdalmajeed Alsmadi ◽  
Esraa Alkhatib ◽  
Atala Mohammad Alqtish

The aim of this paper is to examine the impact of financial policy on rate of economic growth in Jordan for the period of (2000-2017) taking into the considerations the fluctuations of taxation system. Autoregressive Distributed Lag (ARDL) approach has been utilized in order to analyze the long term relationship between study variable which are; money supply (M2), domestic credit provided by banks (DCBS) and real Gross Domestic Product GDP. The results shows that, money (M2) and domestic credit provided by banks (DCBS) can effects on GDP in Jordan for the study period. The taxation system in Jordan has been fluctuated many times during 2017 and 2018, which made the data partly not available. This led the researchers to spend long time to find an accurate data in order to finalize this study. This study will add good practical evidence on the impact of changing the taxation system positively or negatively on the economic growth.


Author(s):  
Giovanni Andrea Cornia

The informal sector is an important component of the economy of many developing countries and a source of livelihood for a large section of the population. Yet, the empirical evidence shows that, despite this, the informal sector contributes little to economic growth. There is a little agreement on the origins of informality that can be explained with alternative paradigms. The chapter analyses the causes of high rates of informality, the economic efficiency of the informal sector, its relation with the formal sector, and its impact on aggregate growth. To this end, the chapter presents the Loayza model that posits a negative link between informality and the rate of growth. Other viewpoints that emphasize the impact of limited capital accumulation and overregulation on informality are also discussed.


Author(s):  
Zoltán Szira ◽  
Bárdos Kinga Ilona ◽  
Hani Alghamdi ◽  
Tumentsetseg Enkhjav ◽  
Erika Varga

2019 was Earth's second warmest year since 1850. In 2019 the global mean temperature was cooler than in 2016, but warmer than any other year explicitly measured. Consequently, 2016 is still the warmest year in historical observation history. Year-to-year rankings are likely to reflect natural fluctuations in the short term, but the overall pattern remains consistent with a long-term global warming trend. This would be predicted from global warming, caused by greenhouse gases, temperature increase across the globe is broadly spread, impacting almost all areas of land and oceans. “Climate change" and "global warming" are often used interchangeably, but are of distinct significance. Global warming is the long-term heating of the Earth's climate system, observed since the pre-industrial period as a result of human activities, mainly the combustion of fossil fuel, which raises the heat-trapping greenhouse gas levels in the Earth's air. The term is often used interchangeably with the term climate change, as the latter applies to warming, caused both humanly and naturally, and the impact it has on our planet. This is most generally calculated as the average increase in global surface temperature on Earth. In our research, we examine the relationship between the regulation of carbon emissions and the GDP / capita relationship between developed and developing countries. We assumed applying carbon abatement policies will reduce economic growth and GDP in developed countries, but it will rise economic growth and GDP in developing countries.


2018 ◽  
pp. 70-84
Author(s):  
Ph. S. Kartaev ◽  
Yu. I. Yakimova

The paper studies the impact of the transition to the inflation targeting regime on the magnitude of the pass-through effect of the exchange rate to prices. We analyze cross-country panel data on developed and developing countries. It is shown that the transition to this regime of monetary policy contributes to a significant reduction in both the short- and long-term pass-through effects. This decline is stronger in developing countries. We identify the main channels that ensure the influence of the monetary policy regime on the pass-through effect, and examine their performance. In addition, we analyze the data of time series for Russia. It was concluded that even there the transition to inflation targeting led to a decrease in the dependence of the level of inflation on fluctuations in the ruble exchange rate.


1994 ◽  
Vol 33 (4I) ◽  
pp. 327-356 ◽  
Author(s):  
Richard G. Lipsey

I am honoured to be invited to give this lecture before so distinguished an audience of development economists. For the last 21/2 years I have been director of a project financed by the Canadian Institute for Advanced Research and composed of a group of scholars from Canada, the United States, and Israel.I Our brief is to study the determinants of long term economic growth. Although our primary focus is on advanced industrial countries such as my own, some of us have come to the conclusion that there is more common ground between developed and developing countries than we might have first thought. I am, however, no expert on development economics so I must let you decide how much of what I say is applicable to economies such as your own. Today, I will discuss some of the grand themes that have arisen in my studies with our group. In the short time available, I can only allude to how these themes are rooted in our more detailed studies. In doing this, I must hasten to add that I speak for myself alone; our group has no corporate view other than the sum of our individual, and very individualistic, views.


Oryx ◽  
2021 ◽  
pp. 1-9
Author(s):  
Harry Olgun ◽  
Mzee Khamis Mohammed ◽  
Abbas Juma Mzee ◽  
M. E. Landry Green ◽  
Tim R. B. Davenport ◽  
...  

Abstract Roads affect wildlife in a variety of negative ways. Road ecology studies have mostly concentrated on areas in the northern hemisphere despite the potentially greater impact of roads on biodiversity in tropical habitats. Here, we examine 4 years (January 2016–December 2019) of opportunistic observations of mammalian roadkill along a road intersecting Jozani-Chwaka Bay National Park, Unguja, Zanzibar. In particular, we assess the impact of collisions on the population of an endemic primate, the Endangered Zanzibar red colobus Piliocolobus kirkii. Primates accounted for the majority of roadkill in this dataset. Monthly rainfall was not associated with roadkill frequency for mammals generally, nor for the Zanzibar red colobus. No single age–sex class of colobus was found dead more often than expected given their occurrence in the local population. The overall effect of roadkill on colobus populations in habitats fragmented by roads is unknown given the lack of accurate, long-term life history data for this species. Our findings suggest that mortality from collisions with vehicles in some groups of colobus is within the range of mortality rates other primates experience under natural predation. Unlike natural predators, however, vehicles do not kill selectively, so their impact on populations may differ. Although a comparison with historical accounts suggests that the installation of speedbumps along the road near the Park's entrance has led to a significant decrease in colobus roadkill, further actions to mitigate the impact of the road could bring substantial conservation benefits.


2014 ◽  
Vol 602-605 ◽  
pp. 2939-2942
Author(s):  
Ying Ying Yang ◽  
Yi Shan ◽  
Zhi Tong Liu ◽  
Jian Feng Li ◽  
Jing Jin ◽  
...  

For a long time,users electic larceny has been a headache topic of the electric power department.The users long-term electic larceny has brought great economic loss to the power supply department.In recent years,the stealing power means are emerging in an endless stream,and they have been broght mant difficulties to prevent electic larceny.But the road is high one feet evil spirite is high one a unit of lengh, according to the study on electic energy meter,we will understand the electic larceny means at the sours.Therefore, further study of stealing power means is also our current priority,only the better anti-stealing electic power means, can be completely blocked leak.


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