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The Dynamics Of Growth In Emerging Economies


The Dynamics Of Growth In Emerging Economies
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The Dynamics Of Growth In Emerging Economies


The Dynamics Of Growth In Emerging Economies
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Author : Arzu Akkoyunlu Wigley
language : en
Publisher: Routledge
Release Date : 2018-12-19

The Dynamics Of Growth In Emerging Economies written by Arzu Akkoyunlu Wigley and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-19 with Business & Economics categories.


How can Turkey increase its medium- and long-term growth potential? Despite episodes of fast growth, this has become a vital question for the Turkish economy, in order to avoid being stuck in a middle-income trap. There has been an increase in the number of studies presenting growth in Turkey and quantifying the sources of economic growth, however, due to the difference in the main underlying assumptions and the time period covered in these studies, the results differ. The second strand of literature on growth in Turkey identifies the relative underperformance of the Turkish economy by developing models with microeconomic foundations. Given the fact that there are a large number of studies investigating the macro dynamics of growth in Turkey, the book’s unique focus on the "neglected" issues in growth discussions closes the gap in the existing literature. It addresses the micro, macro, regional, and gender aspects, the environment–energy–growth nexus, as well as the microeconomic dynamics of growth. It also analyses the other significant determinants of long run growth in Turkey such as import dependency and saving-investment decision. The authors provide a macro overview of all of the precluded subjects in order to evaluate them in relation to one other, as well as to derive policy conclusions from them. This book primarily targets academics as well as graduate and undergraduate social sciences and humanities students both in Turkey and other countries. It is also a must read for researchers and policy makers not only in Turkey but also in other developing economies and is of interest to specialists of non-governmental and non-profit organizations.



The Dynamics Of Socio Economic Development


The Dynamics Of Socio Economic Development
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Author : Adam Szirmai
language : en
Publisher: Cambridge University Press
Release Date : 2005-01-20

The Dynamics Of Socio Economic Development written by Adam Szirmai and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-01-20 with Business & Economics categories.


Why are poor countries poor and rich countries rich? How are wealth and poverty related to changes in nutrition, health, life expectancy, education, population growth and politics? This modern, non-technical 2005 introduction to development studies explores the dynamics of socio-economic development and stagnation in developing countries. Taking a quantitative and comparative approach to contemporary debates within their broader context, Szirmai examines historical, institutional, demographic, sociological, political and cultural factors. Key chapters focus on economic growth, technological change, industrialisation, agricultural development, and consider social dimensions such as population growth, health and education. Each chapter contains comparative statistics on trends from a sample of twenty-nine developing countries. This rich statistical database allows students to strengthen their understanding of comparative development experiences. Assuming no prior knowledge of economics the book is suited for use in inter-disciplinary development studies programmes as well as economics courses, and will also interest practitioners pursuing careers in developing countries.



Inflation In Emerging And Developing Economies


Inflation In Emerging And Developing Economies
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Author : Jongrim Ha
language : en
Publisher: World Bank Publications
Release Date : 2019-01-03

Inflation In Emerging And Developing Economies written by Jongrim Ha and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-03 with Business & Economics categories.


This is the first comprehensive study in the context of EMDEs that covers, in one consistent framework, the evolution and global and domestic drivers of inflation, the role of expectations, exchange rate pass-through and policy implications. In addition, the report analyzes inflation and monetary policy related challenges in LICs. The report documents three major findings: In First, EMDE disinflation over the past four decades was to a significant degree a result of favorable external developments, pointing to the risk of rising EMDE inflation if global inflation were to increase. In particular, the decline in EMDE inflation has been supported by broad-based global disinflation amid rapid international trade and financial integration and the disruption caused by the global financial crisis. While domestic factors continue to be the main drivers of short-term movements in EMDE inflation, the role of global factors has risen by one-half between the 1970s and the 2000s. On average, global shocks, especially oil price swings and global demand shocks have accounted for more than one-quarter of domestic inflation variatio--and more in countries with stronger global linkages and greater reliance on commodity imports. In LICs, global food and energy price shocks accounted for another 12 percent of core inflation variatio--half more than in advanced economies and one-fifth more than in non-LIC EMDEs. Second, inflation expectations continue to be less well-anchored in EMDEs than in advanced economies, although a move to inflation targeting and better fiscal frameworks has helped strengthen monetary policy credibility. Lower monetary policy credibility and exchange rate flexibility have also been associated with higher pass-through of exchange rate shocks into domestic inflation in the event of global shocks, which have accounted for half of EMDE exchange rate variation. Third, in part because of poorly anchored inflation expectations, the transmission of global commodity price shocks to domestic LIC inflation (combined with unintended consequences of other government policies) can have material implications for poverty: the global food price spikes in 2010-11 tipped roughly 8 million people into poverty.



The Growth Spiral


The Growth Spiral
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Author : Hans Christoph Binswanger
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-14

The Growth Spiral written by Hans Christoph Binswanger and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-14 with Business & Economics categories.


This book develops a new theory of the modern economy. Conventional economic theory is (still) based on an essentially static notion of equilibrium. In contrast, this book offers an analysis of the economic process based on a truly dynamic approach. It understands modern economic activity as manifesting itself in a growth spiral. There are two main drivers of the dynamics of this spiral: steady money creation in the banking system, on the one hand; and the continuous inflow of energy and raw materials through the exploitation of natural resources, on the other. Both driving forces are generally neglected by the conventional theory. Understanding their role is absolutely essential for preventing our economy from being more and more exposed to financial and ecological crises. This book offers important insights about the functioning of the modern economy and addresses the specialist as well as the interested lay reader.



Economic Dynamics


Economic Dynamics
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Author : Wei-Bin Zhang
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Economic Dynamics written by Wei-Bin Zhang and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.


The theory of economic development is a branch of economic dynamics. Any discussion of the theory must involve dynamics even though not all dynamic problems are necessarily related to economic development. The theory's primary locus is upon the nice paths of economic variables. Stationary states, which have been the main concern of modem economic development theory, are actually special cases of economic dynamics. In this study, we propose an economic development theory within the framework of input-output systems and neoclassical economics. No political problems will be dealt with, although this does not mean that questions such as why Japan had a higher growth rate than China in the past are not important. Similarly, rather than dealing with the psychological and institutional aspects of in economic development processes we only suggest ways (or methods, as Hicks would call them) for analyzing what determines economic development from the point of view of "pure" economics. Our main contribution to economic growth theory is that we investigate various nonlinear dynamic phenomena such as bifurcations and economic cycles. We emphasize that oscillations and structural changes are not rare but universal in a progressive economy. No economic system can be stabilized forever if change is permitted.



Scaling The Tail Managing Profitable Growth In Emerging Markets


Scaling The Tail Managing Profitable Growth In Emerging Markets
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Author : Seung Ho Park
language : en
Publisher: Springer
Release Date : 2015-12-17

Scaling The Tail Managing Profitable Growth In Emerging Markets written by Seung Ho Park and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-17 with Business & Economics categories.


This book presents a framework for a different type of profitable growth for multinational companies in emerging markets: "scaling the tail." This model focuses on specialized market niches, flanking particular segments and product-categories, developing deeply nuanced localization strategies, and installing supportive management systems.



Trade Investment And Economic Growth


Trade Investment And Economic Growth
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Author : Pooja Lakhanpal
language : en
Publisher: Springer Nature
Release Date : 2021-05-10

Trade Investment And Economic Growth written by Pooja Lakhanpal and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-10 with Business & Economics categories.


The book contributes to the growing literature pertaining to empirical and policy issues in international trade, foreign capital flows and issues in finance, implications for India and emerging economies related to trade and development interface, and analysis of sector level growth and development in India. Further, the focus is on the policy aspects of these themes and their role in fostering economic development in the context of India and other emerging market economies. The discourse focuses mainly on empirical work and econometric details. The relevant issues are investigated using state of the art techniques such as gravity models, panel co-integration, generalized hyperbolic distributions, SEM, FMOLS and Probit models. In addition, detailed literature survey, discussions on data availability, issues related to statistical estimation techniques and a theoretical background, ensure that each chapter significantly contributes to the ever-growing literature on international trade and capital flows. The readers shall find an engaging dialogue on the crucial role played by policy and the trade-capital flows-growth experience of emerging economies. The book is relevant for those who are interested in contemporary issues in trade, growth and finance as well as for students of advanced econometrics who may benefit from the analytical and econometric exposition. The empirical evidences provided here could serve as ready reference for academicians, researchers and policy makers, particularly in emerging economies facing similar challenges.



Global Investment Local Growth The Dynamics Of Fdi And Smes Linkages


Global Investment Local Growth The Dynamics Of Fdi And Smes Linkages
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Author : Amitavo Bairagi
language : en
Publisher: IPR Journals and Book Publishers
Release Date : 2024-12-23

Global Investment Local Growth The Dynamics Of Fdi And Smes Linkages written by Amitavo Bairagi and has been published by IPR Journals and Book Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-12-23 with Business & Economics categories.


SUMMARY This book delves into the intricate interplay between Foreign Direct Investment (FDI) and Small and Medium Enterprises (SMEs), illustrating how their synergy catalyses local economic growth and resilience in an increasingly globalized world. FDI, as a conduit for capital, technology, and market access, has the potential to transform economies, particularly when integrated with SMEs, which serve as the backbone of local markets due to their contributions to employment, innovation, equitable development, etc. The book is structured to explore the principles of FDI, types such as Greenfield and M&A investments, and their motivations. It highlights the unique role of SMEs in fostering local growth, emphasizing the challenges they face in adapting to the demands of global partnerships. The core analysis focuses on the benefits FDI brings to SMEs, including employment generation, skill enhancement, technology transfer, and expanded market access, supported by real-world case studies from sectors, like- manufacturing, technology, and agriculture. Additionally, the book addresses challenges and risks in FDI-SME linkages, including dependency risks, policy barriers, and the volatility of global markets. It also examines successful policy frameworks and global best practices, featuring insights from developed and emerging markets, like Ireland, Vietnam, and South Korea, etc. The book also explores trends, like- digitalization, sustainability, and post-pandemic resilience, providing a roadmap for policymakers, business leaders and investors. Through in-depth analysis, case studies, and practical strategies, my work serves as a vital resource for fostering inclusive, sustainable, and dynamic economic development through FDI-SME partnerships.



The Dynamics Of Asian Economic Development


The Dynamics Of Asian Economic Development
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Author : Hitoshi Hirakawa
language : en
Publisher: Springer Nature
Release Date : 2024-12-10

The Dynamics Of Asian Economic Development written by Hitoshi Hirakawa and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-12-10 with Business & Economics categories.


One feature of this book is the clarification of the development mechanism of Asia as a regional economy for over half a century, based on an "Asian Economy Within the Global Economy" approach that goes beyond the single-country analytical framework. The development of emerging economies has caught the world's attention: from the Newly Industrializing Countries or Newly Industrializing Economies of the 1980s to the BRICs entering this century. General economics cannot clarify the internal mechanism of the changing of newly industrialized economies led by Asia. This book clarifies such regional development structure by focusing on the direct investments of multinational firms and the importance of gradual changes of specific policies adopted by newly industrialized economies. Moreover, the book concretely deals with the US–China trade war and China's Belt and Road Initiative (BRI) as a problem of Asian economies. In so doing, the book not only perceives the structural change of the global economy as a structural change from a US-centric global economy of the twentieth century to a China-centric one, but also focuses on the birthing of a new growth frontier in the world economy, under a crisis brought about by a war for hegemony between the US and China. The investment initiative through China's BRI has prompted the investment competition between Japan and the US, which has made even stronger the possibility of giving birth to a new economic frontier in Afro-Eurasia. Another feature is the consideration of various issues that confront Asian countries in their search for economic development, using the Philippines as a case study. The analysis of the study points to the importance of a “shared growth” perspective, which is based on an Asian development model, and discusses the challenge of overcoming the issues of the economic development model within the region. At the same time, this book studies the significance and new issues, as a region, of the economy and overseas policies of attention-drawer China.



The Dynamics Of Growth In Emerging Economies


The Dynamics Of Growth In Emerging Economies
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Author : Arzu Akkoyunlu Wigley
language : en
Publisher: Routledge
Release Date : 2018-12-19

The Dynamics Of Growth In Emerging Economies written by Arzu Akkoyunlu Wigley and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-19 with Business & Economics categories.


How can Turkey increase its medium- and long-term growth potential? Despite episodes of fast growth, this has become a vital question for the Turkish economy, in order to avoid being stuck in a middle-income trap. There has been an increase in the number of studies presenting growth in Turkey and quantifying the sources of economic growth, however, due to the difference in the main underlying assumptions and the time period covered in these studies, the results differ. The second strand of literature on growth in Turkey identifies the relative underperformance of the Turkish economy by developing models with microeconomic foundations. Given the fact that there are a large number of studies investigating the macro dynamics of growth in Turkey, the book’s unique focus on the "neglected" issues in growth discussions closes the gap in the existing literature. It addresses the micro, macro, regional, and gender aspects, the environment–energy–growth nexus, as well as the microeconomic dynamics of growth. It also analyses the other significant determinants of long run growth in Turkey such as import dependency and saving-investment decision. The authors provide a macro overview of all of the precluded subjects in order to evaluate them in relation to one other, as well as to derive policy conclusions from them. This book primarily targets academics as well as graduate and undergraduate social sciences and humanities students both in Turkey and other countries. It is also a must read for researchers and policy makers not only in Turkey but also in other developing economies and is of interest to specialists of non-governmental and non-profit organizations.