scholarly journals PENGANGGURAN SERTA DAMPAKNYA TERHADAP PERTUMBUHAN DAN PEMBANGUNAN EKONOMI

2020 ◽  
Vol 2 (3) ◽  
pp. 98-105
Author(s):  
Devit Prasetyo Sejati
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Social Welfare ◽  
Growth And Development ◽  
Economic Growth And Development ◽  
The Public ◽  
The Government ◽  
The Impact

Unemployment in indonesia must be resolved immediately because it greatly affects economic growth and development. The impact of unemployment spreads to all sectors of the economy. Unemployment is also an obstacle in the process of economic development. How could we not feel the impact now. The economi is in decline, poverty is everywhere which ultimately results in a lack of social welfare and hinders economic growth. Moreover, Indonesia is a country that isstill developing. Problems like this must be resolved immediately with various policies from the government. In addition, there must also be a willingness from the public to move forward to reduce unemployment in order to create social welfare and improved economic growth.

scholarly journals The Importance and Role of Entrepreneurship in Economic Growth and Development

2014 ◽  
Author(s):  
Asım Günal Önce ◽  
Mehmet Marangoz ◽  
Nedret Erboy
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Growth And Development ◽  
Well Being ◽  
Cultural Development ◽  
Entrepreneurial Activity ◽  
Production Volume ◽  
Economic Growth And Development ◽  
Entrepreneurial Spirit ◽  
The Impact

Economic growth leads to with increased prosperity with increasing of income levels of people living in a country. Economic development involves social and cultural developments in the economy along with prosperity. Entrepreneurship which is involved in factors of production, labor, capital and technology and brings them together and it takes risks and assess opportunities has an important role in economic growth and development. The basic elements of a country's economic development are individuals who have an entrepreneurial spirit. They are driving force of growth and prosperity. The impact on entrepreneurs' on economic development can be associated with their inventions / scientific research and invention through their innovations, the ability of adaptation innovations, by way of competition raise efficiency, providing employment, making business opportunities and their increasing of production and commercial activities where they are established. In the economies, entrepreneurs increase profits in terms of production volume, stimulating competition and in parallel with leads to the decline prices. In this context, the country's economic growth and development, remaining prosperity affects well-being and quality of life of individuals, their economic prosperity and their social and cultural development. In this study, the role and importance of entrepreneurship in a country's economic growth and development and socio-economic development will be examined in the context of various parameters and in terms of these parameters the relationship between entrepreneurial activity and economic growth will be highlighted.

scholarly journals An Empirical Analysis of the Contribution of Mining Sector to Economic Development in Nigeria

2016 ◽  
Vol 19 (1) ◽  
pp. 88-106
Author(s):  
David, Oladipo Olalekan ◽  
Noah, Oluwashina Afees ◽  
Agbalajobi, Sunday Ayodele
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Crude Oil ◽  
Empirical Analysis ◽  
Growth And Development ◽  
Well Being ◽  
Series Data ◽  
Mining Sector ◽  
Economic Growth And Development ◽  
The Impact

Nigeria is richly endowed with vast but largely untapped natural resources including solid minerals and arable land. Mining industries have been viewed as key drivers of economic growth and development process, as lead sectors that drive economic expansion which can lead to higher levels of social and economic well being. Contributions from mining as a percentage of GDP in rich countries are usually between 2-8 percent. In Nigeria, the contribution is still low at 0.15 percent, one of the major factors responsible for this is as a result of over dependence of the Nigerian economy on the proceeds from the sale of crude oil for over four decades which is at the expense of other sectors such as mining and agriculture that contributed significantly to the Nigerian economy before the emergence of crude oil. In the light of this, the study presents an empirical analysis of the contribution of mining sector to the economic development in Nigeria from 1960 to 2012. The study employed Error Correction Model (ECM) to examine the short run and long run effect of mining sector‟s contribution to Nigeria economic development. The study harnessed time series data to evaluate the impact of the specified key sectors; crude petroleum and gas, solid mineral, manufacturing and agriculture on the economic development proxied by per capita income. Equally highlighted are the problems militating against the mining sector in Nigeria and the strategies for its transformation of the economy. The finding revealed that the value of solid mineral have strong impact on economic development in Nigeria. Thus, Nigeria needs to urgently develop her monumental mining potentials in order to diversify her economy and to achieve rapid economic growth and development.

scholarly journals The Impact of the Inflow of Foreign Direct Investments on the Economic Development of Serbia

ECONOMICS ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 123-142
Author(s):  
Slaviša Kovačević ◽  
Mladen Rebić ◽  
Drago Kurušić
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Direct Investment ◽  
Growth And Development ◽  
Direct Investment ◽  
Positive Relationship ◽  
Foreign Direct Investments ◽  
Economic Growth And Development ◽  
Total Turnover ◽  
The Impact

Abstract Foreign direct investments present one of the very important products of globalization, by establishing a new economic concept of free international movement of capital, people, goods and services. An analyses of the impact of this type of international movement of capital on economic growth and development is one of the modern tendencies of economic researchers. The subject of this paper is the analysis of the impact of the level and structure of foreign direct investment on the economic development of the Serbian economy, where the impact of foreign direct investment inflow on economic growth, current balance, manufacturing industry through the impact on total industry turnover, employment and productivity will be separately considered. The aim of this research is to prove the importance of FDI for developing countries, as well as to point out the need to improve and enhance the business environment in order to maximize FDI inflows. The main hypothesis of this research is that foreign direct investments significantly contribute to the economic growth and development of the Republic of Serbia. For the purposes of hypothesis analysis and testing, a simple linear regression model was used in this paper. The research was conducted for the period from 2010 to 2019. The obtained results present a positive relationship between the inflow of foreign direct investment and GDP growth, and show a positive relationship between growth of investments in manufacturing and growth in productivity, employment and total turnover, and show a positive relationship between FDI inflow and export value.

Producing communities and commodities: Safaricom and commercial nationalism in Kenya

2017 ◽  
Vol 13 (1) ◽  
pp. 21-39 ◽  
Author(s):  
David Tuwei ◽  
Melissa Tully
Keyword(s):  
Economic Growth ◽  
Social Mobility ◽  
Growth And Development ◽  
Mobile Services ◽  
Economic Success ◽  
Economic Growth And Development ◽  
National Sentiment ◽  
Upward Social Mobility ◽  
The Government

This research analyses Safaricom, one of the most established mobile operators in Kenya. Alongside the provision of mobile services, Safaricom has closely engaged with the government of Kenya, even getting involved in the nation’s politics. This study examines Safaricom’s advertisements from 2010-2014 to explore its use of national sentiment in its marketing. We argue that the ads reflect a commitment to promoting the country and its products through discourses of ‘commercial nationalism’, which present Safaricom as a driver of economic growth and development in Kenya. These discourses link Kenyan identity and distinctiveness to consumerism, commercial and economic success, profit and upward social mobility.

scholarly journals The Impact Of Macroeconomic Factors In Economic Growth

2016 ◽  
Vol 12 (7) ◽  
pp. 331 ◽  
Author(s):  
Alush Kryeziu
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Public Debt ◽  
Budget Deficit ◽  
Econometric Model ◽  
Macroeconomic Factors ◽  
The Public ◽  
Time Period ◽  
Macroeconomic Indicators ◽  
The Impact

In this paper will be discussed the main concepts and trends of the macro-fiscal indicators in economic growth, as well as their importance in the economic development of different countries, with special emphasis in Kosovo. One of the aims of this paper is to define and explain the connection between macroeconomic indicators with specific emphasis: the public debt, budget deficit and inflation on economic growth. In order to analyze this impact of variables in economic growth, the targeted time period of research is the period from 2004 to 2014. While the data taken regarding Kosovo were obtained from the year 2005, due to the fact that earlier the data have been limited because of the developments in which Kosovo went through. The model that best represents the link between macro-fiscal indicators on economic growth is the linear regression as an econometric model. We will have the opportunity to see and interpret these data. The overall results have emerged in accordance with theoretical discussions presented, but this relationship has not turned out to be very strong because the coefficients acquired did not have great explanatory skills for economic phenomena.

scholarly journals Sustainable and Optimal “Uniqueness” Contract in Public-Private Partnership Projects of Transportation Infrastructure

2020 ◽  
Vol 2020 ◽  
pp. 1-14
Author(s):  
Yingjun Zhu ◽  
Zhitong Gao ◽  
Ruihai Li
Keyword(s):  
Social Welfare ◽  
Public Private Partnership ◽  
Transportation Infrastructure ◽  
Private Capital ◽  
Equilibrium Relation ◽  
Private Partnership ◽  
The Public ◽  
Welfare Losses ◽  
The Government ◽  
The Impact

To control the “uniqueness” risk in Public-Private Partnership (PPP) projects of transportation infrastructure, we design a simplified “uniqueness” contract model by incorporating the impact of the initial investment which is based on the Bertrand model. The nonlinear programming method is adopted to derive the optimal “uniqueness” contracts for incumbent private capital, the public, and the social welfare, respectively. The simulation results show that the achievement of the optimal “uniqueness” contract is essentially the result of a compromise between the private capital, the public, and social welfare. The extent to which such a contract reduces the probability of “uniqueness” risk mainly depends on the equilibrium relation between the interests of private capital and the public. The initial investment is not related to the government default when the contract does not take into account the interests of the private capital. Furthermore, the “uniqueness” contracts between private capital and the government are mainly for anticompetitive purpose in the PPP market of transportation infrastructure. Unless the contract terms focus on the improvement of social welfare, entering a “uniqueness” contract will cause social welfare losses.

scholarly journals The Incidence of the Cost of Increasing the Capacity of an Urban Water System

1974 ◽  
Vol 3 (2) ◽  
pp. 151-161
Author(s):  
Frank Goode
Keyword(s):  
Economic Growth ◽  
Urban Communities ◽  
Growth And Development ◽  
Water System ◽  
The Good Life ◽  
Economic Growth And Development ◽  
Urban Water System ◽  
Rural And Urban ◽  
The Cost ◽  
The Impact

Rural and urban communities alike are adopting, formally or informally, “no-growth” policies. The residents of these communities share a set of beliefs concerning the impact of economic growth and development on their community. These residents also share a set of values concerning what constitutes the good life for them. The “no-growth” policies result because of a conflict between the values held by the residents and their beliefs concerning the impacts of economic growth and development. One of the beliefs shared by many of these residents is that economic growth and development will require an expansion of various public service systems such as water and sewer. In addition, these residents believe that they will be required to pay much of the cost involved in expanding the systems even though they will receive few, if any, of the benefits. In essence, the residents of these communities are concerned with the incidence of the cost of system expansion.

scholarly journals РОЗВИТОК ТУРИЗМУ ЯК ОДИН ІЗ ПЕРСПЕКТИВНИХ НАПРЯМІВ ПОДОЛАННЯ МАКРОЕКОНОМІЧНИХ ПРОБЛЕМ КРАЇНИ В УМОВАХ ТРАНСФОРМАЦІЇ СУСПІЛЬСТВА

2014 ◽  
pp. 140-143
Author(s):  
І. І. Шупик
Keyword(s):  
Economic Development ◽  
Quality Characteristics ◽  
Tourism Industry ◽  
Economic Situation ◽  
The Public ◽  
Wide Range ◽  
Socio Economic Development ◽  
The Government ◽  
The Impact

Обґрунтована важливість туристичної галузі якодного з перспективних напрямів вирішення широкогокола макроекономічних проблем у період трансфор-мації суспільства, що дозволить стабілізувати соці-ально-економічну ситуацію у країні й поліпшити які-сні характеристики життя населення. Визначеніпровідні напрями впливу туристичної діяльності нарозвиток країни та причини, що їх обумовлюють.Наголошується, що досягнення поставлених цілейбуде можливим лише за умови послідовних і відпові-дальних дій влади, її постійної взаємодії з громадські-стю, бізнесом. Proved the importance of the tourism industry as one of the promising directions of solving a wide range of macroeconomic problems in the period of transformation of society, which will allow stabilizujace socio - economic situation in the country and to improve the quality characteristics of living. Defined major directions of the impact of tourism activities on socio-economic development of the country and the reasons for their cause. Emphasized that the achievement of goals is possible only if a consistent and responsible actions of the government, its constant interaction with the public, business.

scholarly journals Foreign Aid and Economics Development Nexus: The Case of Sierra Leone

2021 ◽  
Vol 9 (6) ◽  
pp. 219-233
Author(s):  
Ezekiel Kalvin Duramany-Lakkoh
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
Sierra Leone ◽  
Growth And Development ◽  
Secondary Data ◽  
Empirical Estimation ◽  
Economic Growth And Development ◽  
Long Run ◽  
Short Run ◽  
The Impact

This study investigates the impact of foreign aid on economic growth in Sierra Leone using cointegration and error correction methodology by Johansen and Juselius (1990). Utilizing secondary data for the period 1970 to 2018, the empirical estimation revealed that foreign aid in Sierra Lone is positively and significantly related to economic growth both in the short run and long run, confirming the importance of the study. The policy implication of the study is that the Sierra Leone government should seek more foreign aid to accelerate economic growth and development.  

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