Questions related to Development Economics
How can entrepreneurship be activated through anti-crisis interventionist economic policy programmes in a situation of high inflation?
In a situation of developing economic downturn, the importance of interventionist activation of entrepreneurship, supporting business entities in order to reduce the scale of the increase in unemployment and the decline in incomes, increases. In a situation of rising inflation and economic downturn, the activation of economic processes through anti-crisis public financial aid programmes may be difficult. Rising inflation can exacerbate uncertainty and economic risks, and can hinder the planning and implementation of new investment projects, new business ventures by companies and enterprises. Central banks are raising interest rates in an attempt to curb rising inflation. Credit is becoming more expensive. Loans offered by commercial banks are becoming more difficult to access. Investment levels are falling. Businesses are carrying out fewer new investment projects. The activity of economic processes is declining and the prosperity of the economy is worsening. The deepening downturn may lead to an increase in unemployment. As a result, it is possible that at the end of 2022 or in 2023, many countries will see a deep economic downturn, a recession of the economy, possibly also stagflation. In order to limit the downturn of the economy, it is necessary for the government to apply anti-crisis programmes for financial support of economic entities and activation of entrepreneurship. Such anti-crisis public financial assistance programmes were recently applied on a large scale during the economic crisis and recession of the economy in 2020 caused by the SARS-CoV-2 coronavirus pandemic (Covid-19) and the introduced lockdowns imposed on selected, mainly service sectors of the economy. The scale of the applied financial public assistance implemented as part of the anti-crisis injection of additional money into the economy in the form of subsidies and workers' wage subsidies granted to companies and enterprises contributed to the increase in inflation, which already started to rise almost from the beginning of 2021. In view of the above, on the one hand, anti-crisis business activation programmes are necessary in order to limit the scale of the rise in unemployment, which is likely to appear in 2023 when the economy is in recession. On the other hand, however, in view of the currently rising, double-digit inflation, the possibility of applying further anti-crisis state aid programmes is limited.
In view of the above, I would like to address the following question to the esteemed community of researchers and scientists:
How can entrepreneurship be activated through the application of anti-crisis interventionist economic policy programmes in a situation of high inflation?
What is your opinion on this topic?
I invite you all to discuss,
Thank you very much,
I am studying the effects of globalization on income inequality. Can I do the quantitative analysis by using GMM (Generalized method of moments) or is there any suggestions about the methods to be used by using eviews or other software packages?
I have two questions. (1) I want to generate estimates of gross output at industry-by-district level based on total sales value of business establishments. What additions/deductions do I need to make to the total sales value to arrive at the gross output figure for an establishment or industry. (2) Once I have arrived at gross output for industry, then I need to generate estimates of aggregate gross output for the whole economy. To arrive at aggregate gross output for the whole economy, do I simply need to take sum of gross output of all establishments, or there is a particular methodology for this purpose.
I am doing this for Zambian economy. Actually the problem is that when I take the aggregate sum of total sales value of all establishments in the economy, and compare it with an estimate of aggregate gross output published by a government report, I find my aggregate sum of total sales value exceeding the aggregate gross output in the publication. It exceeds by a huge difference. So, what could be possible reasons? Is it that I miss out any deductions? or there could be some other reasons?
The question is pretty self explanatory, but I am looking especially for female labor force participation, where the focus has been on rural areas? especially in Asian and African countries.
I have been tasked with creating a policy brief for my development economics course, so would really appreciate any such information on existing policy briefs or ones implemented in the past too.
What is the level of importance of analyzing current public sentiment and shaping citizens' awareness through political marketing and government-controlled media in the context of economic policy pursued?
Can an economic policy conducted mainly on the basis of analyzing current public sentiment and shaping citizens' awareness through information campaigns implemented by government-controlled meanstream media and through activities carried out as part of political marketing be realistically pro-social in strategic, multi-year terms?
According to the saying "the glass is half full or half empty", the description of certain economic processes in the government-controlled media as part of the pro-government information policy is presented in a certain way according to the needs arising from the goals of political marketing. Besides, according to the proverb and the question at the same time: "what comes first the egg or the chicken?" then the following research question can be formulated: Is it first the sluggish economic growth, the downturn in the economy within the framework of business cycles that generates the demand for the development of new strategies for the country's socio-economic development, within which certain interventionist anti-crisis instruments for stimulating economic growth are applied, including, first and foremost, the instruments of soft fiscal policy and dovish monetary policy? Or is it rather the reverse order, i.e., first a specific anti-crisis and/or pro-development, expansionary, pro-investment economic policy is applied and then a recovery in the economy occurs and sometimes an economic crisis also occurs, triggered by a misapplied, specific socio-economic development strategy of the country? Or do one and the other formula of the aforementioned causal sequences also work only alternately, i.e. usually in other periods, other consecutive years, phases of business cycles? In conducting discussions and debates on this issue, there may be different opinions, different theses and claims formulated by economists representing different camps of views on specific areas of economic policy and the legitimacy of the application and effectiveness of specific, individual instruments of fiscal, sectoral, social, etc. policies conducted by the government, as well as monetary policy conducted by the central bank. An election cycle of several years may be correlated with the country's socio-economic development strategy, anti-crisis and pro-development policies planned for several years, and perhaps also with the business cycle of several years of changes in the rate of economic growth, etc. The issue of the interventionist application of anti-crisis and pro-development economic policy instruments based on the Keynsian model of stimulating the economy through new state-funded investment and/or Milton Friedman's monetarist model proved particularly relevant during the various economic crises that occurred in the past. However, when, instead of new investments, most of the funds within the state's public finances are used for current purposes, social programs with increasing levels of debt in the system of state finances then this kind of economic policy in a few years' perspective can, after a short period of recovery of economic processes, lead to an even deeper crisis. In addition, when many new government programs of subsidies, benefits, subsidies, pensions, etc. are financed with printed money without coverage the result can be an increase in inflation and then a recession in the economy. Such a situation is currently occurring in some countries resulting in a significant decline in economic growth and an increase in unemployment in 2023. The change in public sentiment, levels of spending, consumption and labor force participation may also be influenced by citizens' awareness of the situation in the economy shaped by economic news reported in the meanstream media, which may be controlled by the government pursuing a specific economic policy and a specific information policy through political marketing and pro-government propaganda in the media. The psychology of citizens' consumer behavior influencing the decisions of entrepreneurs to change the scale of their business activities may change under the influence of government information policy shaped in the media. Analysis of current public sentiment is carried out on behalf of government agencies and the Prime Minister's Office usually through surveys and analysis of the sentiment of citizens' opinions expressed on various topics on social media websites and various discussion forums, and analyzed using analytics based on ICT information technology and Big Data Analytcs.
In view of the above, I address the following question to the esteemed community of researchers and scientists:
Can economic policy conducted mainly on the basis of analysis of current public sentiment and the formation of citizens' awareness through information campaigns implemented by government-controlled meanstream media and through activities carried out as part of political marketing be realistically pro-social in strategic, long-term terms?
What is the level of importance of analyzing current public sentiment and shaping citizen awareness through political marketing and government-controlled media in the context of economic policy?
And what is your opinion on this subject?
What do you think about this topic?
I invite everyone to join the discussion,
Thank you very much,
I am looking for a collaboration with a researcher who is extremely interested in topics about migration and development economics.
In our recent review article, we have conducted a thematic synthesis of China’s rural industrialization through the Township and Village Enterprises (TVEs) and generated context-specific lessons that can inform Ethiopia’s rural industrialization. The paper focuses on developing an alternative framework responding to “what” can be drawn and “how” it can be adapted to make the Ethiopian rural economy function properly.
The review work identified the three major driving forces behind China’s growth miracle through in-depth analysis and synthesis. These were policy drivers, entrepreneurial drivers, and sociocultural drivers. The finding showed that the driving forces were successfully held together with formal and informal institutions to form a rural industrialization framework (RIF). The constructed RIF provides a holistic perspective on the rural industrialization process and can be used in promoting the planning and implementation process of rural industrialization in Ethiopia. We also believe that such a holistic approach can be helpful to other developing countries as well.
More details can be found hereunder:
Any opinion or suggestion on the framework, i.e., the RIF, we developed?
Can the Rural Industrialization Framework (RIF) we developed for Ethiopia could also be helpful for other developing countries in promoting the planning and implementation process of rural industrialization?
Most microfinance institutions were founded as non-profit organizations with main mission of providing financial services to the low income class or financially excluded people, mostly women. Although, it appears that transformation of microfinance institutions into regulated financial institutions comes with many benefits such as influx of new capital, deposit mobilization, increase outreach and improved management and governance among others. There is fear that transformed microfinance institutions may deviate from their original mission to serve the low income class and alleviate poverty. More specifically, some observers believe that the transformation of microfinance institutions into regulated financial institutions may encourage profit motive over social impact of alleviating poverty.
A quest for real-world examples (Best Practices) from developing countries.
Some research findings show that there is a significant relationship observed between entrepreneurship education and entrepreneurial culture. Given the private sector’s involvement is essential in economic development and also that the capacity to recruit new graduates in the formal sector is very much limited, it’s highly vital that existing and new entrepreneurial cultures are adequately exploited. And, it is also necessary to link this cultural dimension with formal entrepreneurial education.
Is there any program/project successfully implemented so that those two issues are properly linked and resulted in achieving the desired goal (As Best Practice)? (Good if country and program/project examples are mentioned.)
I'm looking for a topic for writing a blog or policy brief on the most popular topics in Economics development in Pakistan. kindly suggest to me some interesting and fruitful topics.
I have been struggling to get the export import data of Taiwan. In wb website, Taiwan is not listed as a country, so nothing can be found. Is there any reliable sources for country specific (Taiwan) data?
I am currently looking for import, export, current account balance and Balance of payment data from the year 1960. WDI, unctadstat show lesser amount of data (starting from 1980s). Is there any reliable data streams/sources where i can access the data free of cost? How about the published data?
What socio-economic policy is appropriate for reducing poverty and social exclusion in contemporary social market economies?
Dear Friends and Colleagues of RG,
The issues of specific programs to improve the economic, financial, material and housing situation of households as key instruments of pro-development state intervention and significant components of the socio-economic policy of the state I described in the publications:
I invite you to discussion and cooperation.
Do you agree with my opinion that in the context of the forecasted slowdown in the economic growth of many countries in 2019, policies for activating entrepreneurship and innovation should be developed within the framework of active, pro-development, anti-crisis, Keynesian, national socio-economic policies?
The economy of Singapore is highly developed. It has been ranked by World economic forum as the most open economy in the world.
Coal based power plants are one of the cheapest and more effective instruments to produce electricity. Many developed countries have already applied this plants and had the benefit from it. Although some of the countries have now stopped using coal based plants because of the negative impact being created towards the nature.
At present, many developing countries specifically in Asian and African region, are choosing Coal to produce more electricity as the demand is at the highest peak; even though a huge environmental degradation is happening due to these circumstances.
I am a Master's Student who specialized in development economics (especially rural development), now I am eager to publish my thesis in an academic journal. The topic is about determinants of vulnerability and roles of livelihood assets, so at this time, I would like to ask what kind of journal (paper) is more suitable? if possible, I would like to publish a high rank in terms of impact factors. thank you in advance.
I am trying to find topics for my PhD thesis. I am interested in working on Solidarity Economy and income redistribution. Can someone please guide me in this field as to what topics I can research?
Hi everyone, I am currently in the process of writing a research proposal. I was planning on researching illicit economies influence and affect on development, especially with emphasis on developing countries. As we all know, it is extremely difficult to obtain a substantial amount of data on anything to do with drug trafficking/human trafficking/etc., but I thought asking here would lead me in the right direction. Any sources, further research ideas, pretty much anything would help me out. I hope to be able to complete a regression of some sorts to explore and strengthen some of my research more. Thank you!
I am running a time series regression (OLS) based on stationary dependent variables and log form of explanatory variables. Very few of logged exp. variables are stationary. When I took 1st difference, I could not get any significant results, plus, also the 1st difference did not make much sense to me when I analyzed it graphically. My question is, will my regression results be untrusted if I report such an analysis. I asked a similar question and got some replies that even if you log your variables, still you have to test it for a unit root; however, I am observing several papers with log variables where stationarity was not taken into account. Thank you beforehand.
I do not have the figures for researchers in science, technology, engineering and mathematics (STEM), but for this discussion, I will assume that in a population of researchers, a fair fraction will be researchers in STEM.
The Philippines has a frustratingly small number of researchers (~188 researchers for every 1 million inhabitants). This is probably the reason it lags behind its neighbors in the STEM fields. This, I would suppose, has detrimental effects on the overall development of the country. Its neighbors, such as South Korea (~7500 researchers/million inhabitants), Singapore (~6700 researchers/million inhabitants), Japan (~5300 researchers/million inhabitants), Malaysia (~2400 researchers/million inhabitants), Thailand (~1200 researchers/million inhabitants), China (~1200 researchers/million inhabitants), and Vietnam (~700 researchers/million inhabitants), that have significantly larger densities of researchers have overtaken the Philippines in many aspects of development. Other countries, such as Laos (~16 researchers/million inhabitants), Cambodia (~30 researchers/million inhabitants), Myanmar (~29 researchers/million inhabitants) seem to also lag in many aspects of progress.
What might it take for countries such as ours to raise more researchers and scientists? Would you be able to provide suggestions on how we might do so despite the fact that the Philippines and other countries with small densities of researchers are low- to middle-income countries?
(Data on number of researchers per million inhabitants taken from UNESCO Institute for Statistics: http://data.uis.unesco.org/index.aspx?queryid=64)
I am solving some regression equations based on the OLS method in Eviews software. I have overall 12 variables and 11 of them are non-stationary. I am planning to use Log forms. If so, do I need to report the ADF or Philips-Perron unit root tests on the paper? Shouldn't the Log form of variables become stationary? Your answers are highly appreciated, thank you beforehand.
i have companies data as dependent variable for 10 years across 200 companies (all companies from one country only) whereas the macro economic variables are for 10 years as independent variable (again the same one country).
can this analysis be completed using panel data technique? if yes, then how the data will be arranged first because the macro variables are same for each company in sample for 10 years. or is there any alternative to study the influence of macro variables on company's financial ratios.
can someone please help with my analysis?
Dear Members, I am studying the impact of financial development on economic growth. For that i am using panel data 64 countries, 11 years by using few proxies for financial development and simple and policy conditioning control variables. Hausman test result supports fixed effects. But i am bit confused to use either time dummies or country dummies or both. could you please comment on it or suggest any relevant literature with same methodology.
In which economic conditions, active housing policy, under which new housing estates are being built on a large scale, can be an effective instrument for pro-development, Keynesian, counter-cyclical state interventionism?
How should the state run an active, investment housing policy within which new housing estates are being built on a large scale in order to support balanced economic development without generating credit risk growth and subsequent economic crises as part of pro-development, Keynesian, anti-cyclical state intervention?
For example, I am familiar with the debt to GDP ratio and the debt servicing to revenue ratio.
I was wondering if they are other metrics out there and which is most preferred.
I'm researching virtual water exports since 2017, globally but specifically from South Asia, and seeking research papers and authors with specific knowledge in that field.
I'm particularly interest in virtual water to countries where there are limited or no water security issues, rather than use of virtual water as a tool to improve water security.
The aim behind this question is to encourage us to share the research topics/subjects/questions we are currently working on in order to (1) identify if there is any overlap/common themes between us and (2) to determine whether what you are researching is also applicable in other countries.
On my part, and to start this topic, I am currently interested in policy approaches for tackling the informal economy. To do this, I am evaluating critically three competing theoretical standpoints. These are firstly, the modernisation thesis that the size f the informal economy is simply a product of the level of modoernisation of economies, secondly, the neo-liberal thesis that the informal economy is a direct result of high taxes, state corruption and burdensome regulations and controls, and therefore that economies should pursue tax reductions, de-regulation and minimal state intervention to prevent the undeclared economy from growing, and thirdly, the political economy thesis that the informal economy is a by-product of too little intervention in work and welfare regimes and that state interventions in the labour market and social protection is required. To do this, I am comparing cross-national variations in the extent and nature of the informal economy with cross-national variations in various indicators that are proxies of the above (e.g., tax rates, corruption, social protection expenditure).
Please share your current research interests. There are well over 1000 of us with an interest in 'informal sector economics' and I am sure that many of us are researching common themes/topics/questions but do not know that we are doing so.
Institutional economics is gaining attention from researchers to explain why some economies attain higher economic growth while others not. Reasons for not attaining economic growth have been (according to Estrin et al.,(2006)) institutional framework.
I want to get that the data regarding contribution of micro small medium enterprises in all developing and developed country so that i can analyse the differences
Data starting in the early 1900s or before, with a broad cross-country representation would be great.
Economics struggles with rigour. Development struggles with prejudicial questions. So, why don't we teach our young people social physics? Look at social space as a phenomenon of physics. Deeper economics tried that. But that attempt seems to have ended with Paul Samuelson and his lot. Why? Anyway, it is time for the more complex emerging economies to teach social physics instead of development economics.
I've been looking at the economics undergraduate curriculum and have been thinking and wondering as to what specific skillset we want to equip undergraduate students with in the working world.
One can think about this by thinking about the ideal career outcomes of economics undergraduates. Most undergraduates with economics degrees should ideally end up in two occupations* (ideally meaning that their education will correspond to a desired occupation):
- Data Analyst (using exclusively data to identify actionable information)
- Business Analyst (using data and qualitative information regarding the economic environment relevant to a given business to identify actionable information).
With these two ideal career outcomes in mind its very clear as to why intermediate microeconomics, econometrics and market macro makes a difference. However as to why the Solow Growth model is taught on the undergraduate level is a bit confusing for me and Im left with any satisfactory answer.This is a relevant question because its a part of the core undergraduate macroeconomics education so its relevant for even those not intending to go to graduate school.
In terms of specific career outcomes (it could be that this list is lacking) why is studying the Solow model relevant for the undergraduate student who does not intend to go to graduate school?
I want to estimate the effect of investment and other economic variables on "growth" (the dependent variable) through the Fully Modified Ordinary Least Squares (FMOLS) method (I have a panel data set of six countries and 19 year periods). Should GDP be added as an independent variable? (all variables are I(1) and are cointegrated). I appreciate very much your help.
I am looking for ideas to work on for the research proposal for my PhD application. I am interested in conflicts, migration, poverty and fiscal policies in emerging markets. However, I am open to any and all topics that might interest me.
Hi. I'm looking for data for FDI flows from China to Nigeria (and elsewhere in Africa if possible). I've done a decent amount of searching so far, and the best I have been able to find only runs from 2003 to 2017. I would very much like to find data earlier than this - any idea where?
Financial inclusion ... is a big concept ... that can give us a lot of indicators .... I think that indicator is linked to many variables
1- Financial stability
2 - The efficiency of financial markets
3. Sustainable development
In addition to the determinants ........... waiting for your discussion
I'm developing an economic evaluation of ONDRISeq, and I have a couple of questions:
1. Who is expected to benefit from gene sequencing? Patients with a family history of neurodegenerative disease?
2. What are the benefits for patients who undergo gene sequencing?
3. Does gene sequencing associate a risk for neurodegenerative disease? in other words, is it possible that patients experience an unnecessary emotional burden (due to the test results) considering some will never develop a neurodegenerative disease?
Thanks for your time and help!
There is a great paper from Nature about the perception of AI in organizational settings. Here is abstract, you can find it online. I wish to know your thoughts on the topic of perception of AI, where will it matter the most, where will it be necessary to change people's attitudes towards it?
Advances in robotics and artificial intelligence are increasingly enabling organizations to replace humans with intelligent machines and algorithms. Forecasts predict that, in the coming years, these new technologies will affect millions of workers in a wide range of occupations, replacing human workers in numerous tasks, but potentially also in whole occupations. Despite the intense debate about these developments in economics, sociology and other social sciences, research has not examined how people react to the technological replacement of human labour. We begin to address this gap by examining the psychology of technological replacement. Our investigation reveals that people tend to prefer workers to be replaced by other human workers (versus robots); however, paradoxically, this preference reverses when people consider the prospect of their own job loss. We further demonstrate that this preference reversal occurs because being replaced by machines, robots or software (versus other humans) is associated with reduced selfthreat. In contrast, being replaced by robots is associated with a greater perceived threat to one’s economic future. These findings suggest that technological replacement of human labour has unique psychological consequences that should be taken into account by policy measures (for example, appropriately tailoring support programmes for the unemployed).
The rate of economic growth varies from country to country.
In developing countries it is usually faster than in developed countries, but despite this new economic goods no more is created.
Usually lower economic growth in richer, developed countries generates more new economic goods or a greater range of value added than in developing countries.
However, in order to develop economic growth in a longer, long-term period, economic growth should take place for many years, but it does not necessarily have to have high value.
According to the concept of the new, green economy, in the future the pace of economic growth does not have to be high to ensure sustainable pro-ecological economic development in the long term.
Please, answer, comments.
I invite you to the discussion.
It is often argued that even in low- and middle-income countries social protection or, more in general, social policies can improve social cohesion and state-society relationship. However, it is very difficult to find evidence to support this argument. Do you know any empirical study?
I am using the consumption expenditure unit level household data set for India which is collected by National Sample Survey Office (NSSO) for the three time-periods 1993-94, 2004-05 and 2011-12. All data set is deflated on the 2011-12 level and the poverty line is also the same for all time period. Population data set taken from Census of India (Planning Commission, Government of India) which is published the data set on every ten years. Population data set will be extrapolation as per the requirement of our study. I want to estimate growth effect, inequality effect and population shift effect. But unfortunately, I have found some difficulties in the implementing data set.
I could not understand that which commands and Statistical Packages will be used for estimating these all thing specially for growth effect, inequality effect and Population shift effect and which variable is needed for population shift effect?
Common people have become more engrossed in the role economics plays in our daily life. Economics deals from the property market to the macroeconomics of the household budget. Everything is connected to economics and therefore its interpretation is enthralling. For the upgrading of employability in banking, government sector, NGOs and businesses, attaining a comprehensive understanding of the diverse ways that people scrutinise economics phenomena allows for more compliant and ingenious practice. Development economics can expose exhilarating ideas and elucidations regarding the big concerns of the 21st century such as poverty, inequality, unemployment and globalization. A need is to cultivate international acquaintances to reveal economic propensities. There is a need to introduce a deep understanding of specific countries and issues established on tangible analysis of antiquity, establishments and political economy. It is an opportunity that will undoubtedly instigate economists to rethink their approach to economics. Economics can be used to fight poverty by implementing the right economic policies. The politicians have to translate the research into action from instigating appropriate plug-ins. There is a need to ascertain explicit programmes that can assuage poverty, ranging from low cost medical treatments to innovative education programmes. We need to examine the causes of unemployment, absenteeism in education, social programmes and other issues.
Economic output (GDP) and inflation are two significant features that need to be studied meticulously. The relationship between GDP and inflation, how they interact, how much inflation is good annually, are the factors of interest to any investor. There is supposed to be no profit if the GDP is constant or declining. On the other hand, if the GDP is increasing it may intensify inflation. A minor escalation in percentage of GDP growth per year is rewarding for the economy without any side-effects. This annual GDP may drop the unemployment rate. In order to maximize profits, wages are to be raised, which will in turn result in higher prices. Some economists argue that 0% inflation is ideal for stable prices. On the other hand some argue that a little inflation is a good thing. Global integration and technological progress offer substantial benefits. But these may lead to intensifying inequality and political turmoil. Tightening monetary and fiscal policy may lead to recession. High tariffs on imports increases demand for domestically produced goods and of course domestic workers. In the coming years, economy will provoke serious challenges. The markets are nervy because of the impending of debts. This increases the system vulnerability. It is unlikely that economic performance will be insusceptible to centrifugal and social forces. Operational management of imbalances and more consumption and innovation-driven growth can be expected.
In India 20% of the educated youth are unemployed. The priority should be to create jobs. The economists and the engineers need to brainstorm together to make a proper economic policy. The government need to target the job growth and we should emphasize on the high economic expansion for job-creation. In order to boon the economy we need to be clear about health and education, agriculture and rural development, urban and infrastructure connectivity, manufacturing and exports, and employment. We need an intuitive outlook on several facets of economy and policy-making. Economic growth can be sponsored through innovation, start-up, job-creation, risk taking and ingenious ideas. We should always reassure innovation and entrepreneurship. Those national policies should be tailed that promote innovation to certify that there will be adequate prosperity. We need not to reward unemployed because it only leads to more redundancy. It will only lead to pandemonium if the jobless stay unemployed for longer time. If the jobless contribute to the benefits of the society, they can gain skills, contacts and references which will in turn make them successful in the next job they attain.
I am doing Masters in Development Economics at Hiroshima University, Japan. My methodology for my master's thesis is DEA. But I am not familiar with it before. I want to understand it in an easy way. I already searched at Google and found some ideas but not clear already the actual idea of DEA. Now, can anyone give me some appropriate guidelines or links about DEA to understand the theory easily and, is there any recent development of DEA?
I have some questions on DEA method. Expert suggestions needed.
1. We are measuring efficiency by the ratio of the summation of weight multiplied by output and input, respectively. So my question is that, actually how it works for efficiency measurement only taking summation? what is the validity behind it? and also, what is its advantage?
2. Is it works for a different to different unit for outputs and inputs such as output variables unit is currency and input variables unit is number?
3. Is this method finds or consider any Gap among firm's outputs and inputs for performing the analysis?
Experts suggestions needed. Thanks in Advance.
Post-Keynesian economics is the basis of the current anti-cyclical, anti-crisis, pro-development socio-economic policies. I described these issues in my publications below.
In the context of the slowdown in global economic growth forecasted in 2019, the following key question appears:
What kind of instruments of interventionist, Keynesian, anti-crisis, pro-development socio-economic policy should be used in the period of slowdown in the country's economic growth?
More and more macroeconomic analyzes indicate that in 2019 a slowdown in economic growth will appear in many countries. In order to limit the scale of the decline in growth or absolute economic decline, the governments of individual countries try to activate economic processes and consumption using various instruments of socio-economic policy.
In my opinion, the improvement of pro-development instruments of socio-economic policy is particularly important in a situation of a downturn in the economy.
Currently, this issue is particularly important in connection with the forecasted decline in the rate of economic growth in 2019.
In my opinion, post-Keynesianism has been used in practice many times in countries when leaving deep economic crises. Until now, post-Keynesianism has been used to a large extent in many countries to restore the entire national financial systems and, indirectly, entire economies and to save the selected major manufacturing enterprises and financial institutions from the bankruptcy of the global financial crisis in autumn 2008.
The economy was restored to balance at the expense of increasing budget deficits in national public finances. New formulas of post-keyism were applied under state intervention. Paradoxically, the potential consequences of the potential deepening of the global financial and economic crisis in the event that this state intervention is not applied are unknown.
Probably the crisis would be much deeper, more socially costly and would last much longer. this type of assumption determines that post-Keynesian instruments of state intervention are used almost without restrictions, ie according to the proverb: "the end justifies the means". In this assumption, theoretical foundations become a secondary element, added according to anti-crisis, anti-cyclical interventionist, and active economic policy. I conducted research and wrote scientific publications on this topic.
Do you agree with my opinion on this matter?
In connection with the above, I am asking you:
- What anti-crisis instruments of Keynesian state intervention in the framework of an active socio-economic policy are applied in your country in order to limit the scale of the forecasted slowdown in economic growth in 2019?
- What kind of instruments of interventionist, Keynesian, anti-crisis, pro-development socio-economic policy should be used in the period of slowdown in the country's economic growth?
- Does government co-financed by the state budget, national housing development programs as part of housing policy, be an important element of anti-crisis, pro-development socio-economic policy as an effective instrument for reviving economic processes and improving the economic slowdown in the global economy?
- Do you know examples of countries where in recent years new concepts of pro-development, anti-crisis, Keynesian socio-economic policy have been implemented and developed, used to improve the country's economic growth, which have been developed and described in scientific publications in recent years?
- What kind of instruments of socio-economic policy have been applied with the positive effects of a significant improvement of the country's economic growth?
- What new concept of pro-development, anti-crisis, Keynesian socio-economic policy has been implemented and why?
- What positive effects on the functioning of the economy have been achieved by using a specific concept of socio-economic policy?
- Is the importance of improving the pro-development and anti-crisis concept, Keynesian socio-economic policy growing due to the predicted decline in the economic growth rate of the global economy in 2019?
In view of the above, I am asking you the following question:
Is the Keynesian and Post-Keynesian economics the basis of the current anti-crisis national socio-economic policies?
I invite you to the discussion
Dear Friends and Colleagues of RG
The issues of specific programs to improve the economic, financial, material and housing situation of households as key instruments of pro-development keynesian anti-crisis state intervention and significant components of the socio-economic policy of the state I described in the publications:
I invite you to discussion and cooperation.
The way of development in the economic, social and cultural fields in the information society passes through the combination of qualified person, qualified enterprise, qualified society and even qualified world in our global environment. In this context, the qualified person is the sine qua non of success. Being qualified means not only the feature to do a job in the best way (in terms of technical), but also the moral and moral values (ethics) of the person. In this sense, which technical, moral and ethical values should a digital entrepreneur have? How are these values gained?
Development economics is a plus of traditional economics and political economy. Does the development economists in the Sub-Sahara really set up research in the area, especially, the academics in Nigeria?
It is widely recognized that donor intervention in fragile States circumvents the state systems by delivering aid through non-state actors such as NGOs. Examples include the Democratic Republic of Congo, Central African Republic, South Sudan, among others.
- Is it the role of NGOs to provide health care, education, water, sanitation, food (and other services) as part of a permanent (or sustainable) solution to fragility?
- Under what conditions can aid strengthen institutional capacities in African fragile states?
I am about to embark on the studies and I need clarification as regards the theoretical background that can be used to anchor the study.
The issue of corporate governance is very important and directly affects the efficiency of the entity's operation, the relationships between the recruiters employed at various levels of the organization and indirectly also on the relations between business entities and contractors and clients. Corporate governance is therefore particularly important in terms of the long-term development of an economic entity, also in terms of its successes in the competitive game and the holding of specific positions and shares in the markets of the sold product or service offer.
In my opinion, most parameters in the area of corporate governance research in enterprises, companies, corporations and financial institutions are the same but not all. The same are those that relate to the issues of analogous models used, concepts of managing the entire organization, personnel management, offer, marketing, innovation, relations with contractors, shareholders, clients, etc. In contrast, differences arise in terms of specific differences regarding accounting, specificity business activity, risk analysis, prudential procedures used, IT technologies that support the operation of individual departments and departments, the specificity of the work positions of the staff employed, etc.
I invite you to the discussion
I am looking for resources that can assist me in developing a course module on sociology of development for a bachelors program. It will be great if you can share with me book chapters, articles on theories of development, gender and development, social development, economic development, sustainable development, globalization and development, indicators of development and international development. I will also appreciate any course module outlines that cover any of these topics to help me develop an interesting module for the program
Today, one of the economic issues under discussion is the transition from the traditional linear model to the circular one. This implies that maximum value should be extracted from available resources. In this regard, there are several questions:
1. How to measure the degree of "circularity" of the economy at the level of enterprises, districts or nations? In other words, on the basis of what we can say that we are moving or have already moved to a circular economy?
2. How to conclude that we have extracted maximum value from the resource? Firstly, the same resources can be used in different areas, some of which are more preferable from an economic point of view than others. Secondly, technologies are developing very fast, which does not allow to create a reference version of the life cycle for any resource due to the appearance of new, more effective ways to use it.
3. What is the role of human resources in the circular economy? Are there any differences between this role in linear and circular economy?
I would be grateful for any comments, suggestions and answers to these questions, including literature recommendations.
Whatever our views, NAIRU provides a structure of policy for the central bank. Not quite. Take Africa. Definition of employment is fuzzy, which should be a point of different not value judgement. Wage inflation, we cannot measure it if we cannot define employment. Consequently, the central bank has no structure for policy. They will leave graduate schools in the West armed with NAIRU and kindred frames. How often do they go back with the fundamentals of dynamical systems that would allow them mould appropriate frames? We would make progress if development economics found physics. How?
I urgently need to know that is there any publication charge free Scopus indexed journal related to Environmental Economics or Development Economics?
Please inform me.
I am wishing to investigate on linkages between microfinance and sustainable (renewable) energy and/or climate change issue. I have found the area has limited previous studies. Thus, I am looking for suggestions, opinions, advices and sources of material, literature and data.
It would be helpful, if you put your thought about different dimensions of the linkage between mentioned issues.
Particularly, how microfinance can support to sustainable energy and/or climate change adaptation?
You can suggest me from both institution’s and borrower’s perspectives.
Thanks in advance.
Human capital development is an essential indicator in judging the growth and development of a country. How important is it?
I am working on my Master's thesis in the area of development economics and would like to evaluate, among others, how well competition in the media market works in hindering corrupt activities. However, in order to avoid reverse causality I need an IV for competition in the media market. Does anyone have a good idea?
Thanks a lot!
I am working on my Master's thesis in the area of development economics and would like to evaluate, among others, how well media works in disguising corrupt activities in countries with high levels of corruption. However, so far I only found survey based, very subjective data on corruption. Is there any good way to proxy corruption levels in a more objective way?
Thanks a lot!
I would like to analyse the relationship between the social progress of a country with the level of population growth. What other variables should I take into account in order to conduct a regression analysis?
I need Life Expectancy Index and Education Index from 1990-2015. I searched UNDP website. Although they have full data set for HDI, but only a discontinuous dataset for the two index that i mentioned above (1990,1995,2000,2005,2010,2011,2012,2013,2014,2015).
Is there any other alternative sources where I can find the full data set over 1990-2015?
If it is not available, how to adjust data for the years in which the data are not available? I need to run a panel regression.
Please suggest. Thank you.
As scholar and academics, how do you suggest we draw the line between preserving the environment and its resources for posterity as well as giving room for infrastructural development and economic growth? Thanks a lot for your responses.
What is the conceptual & estimation differences between
a) Capital expenditure,
b) Capital formation,
c) Investment ?
Can someone use any one of the above as a proxy to the rest when data of the rest are not available?
Or any methods to derive one from the others?