5 results
Search Results
2. SOME DEMOGRAPHIC CORRELATES OF ECONOMIC DEVELOPMENT.
- Author
-
Stockwell, Edward G.
- Subjects
ECONOMIC development ,DEMOGRAPHY ,DEVELOPING countries ,DEVELOPED countries ,ECONOMICS ,POPULATION - Abstract
This paper examines selected demographic characteristics of countries at different stages of economic development On one hand, the data show that the demographic status of underdeveloped countries continues to be substantially more primitive than that of more economically advanced nations. On the other hand, there is evidence to suggest that some of the traditionally observed relationships (such as the inverse relationship between economic development and the rate of population growth) may not be as pronounced as was the case earlier in the present century. Since the various characteristics that differentiate underdeveloped areas from the rest of the world are closely related to the forces and circumstances which handicap their economic development, these findings may be taken as indicative of a real need for a continuous reexamination of the nature of the characteristic features of underdeveloped areas. [ABSTRACT FROM AUTHOR]
- Published
- 1966
3. The Global Production of Transportation Public-Private Partnerships.
- Author
-
Siemiatycki, Matti
- Subjects
PUBLIC-private sector cooperation ,URBAN transportation ,TRANSPORTATION industry ,GOVERNMENT regulation ,ROAD construction ,GEOPOLITICS ,PUBLIC works ,PUBLIC administration ,ECONOMIC development ,DEVELOPED countries ,ECONOMIC policy ,DEVELOPING countries ,ECONOMICS ,GOVERNMENT policy - Abstract
Around the world, public-private partnerships have become increasingly popular to deliver large-scale transportation infrastructure projects such as roads, bridges, railways, subways, seaports and airports. The aim of this article is to provide a framework to understand the global geography of projects built through this market-driven procurement model, which have been predominantly concentrated in a small number of developed countries and emerging markets. As is shown, within many countries, a governance and regulatory environment has been established that supports public-private partnerships over other alternative procurement approaches. Nevertheless, the production of public-private partnerships worldwide has been dominated by a relatively small number of highly globalized construction contractors, engineering firms, financiers, accountancies and consultants from developed countries, who have focused their activities in a narrow set of regions. The article concludes by reflecting on the implications of the high level of industry concentration, and emerging trends showing greater involvement from firms from developing countries. Resumé À travers le monde, les partenariats public-privé sont de plus en plus utilisés pour les projets d'infrastructure de transports de grande envergure, tels que routes, ponts, voies ferrées, métros, ports et aéroports. Cet article définit un cadre permettant de comprendre la géographie planétaire des projets bâtis selon ce modèle orienté par le marché, projets concentrés dans un petit nombre de pays développés et émergents. Les régimes de gouvernance et la réglementation mis en place dans de nombreux pays favorisent les partenariats public-privé au détriment d'autres approches de réalisation de projets. Néanmoins, la production de ces partenariats dans le monde a été dominée par un nombre relativement réduit d'entreprises de bâtiment et d'ingénierie, de bailleurs de fonds, de cabinets de comptabilité et de conseils, acteurs installés dans des pays développés et dont les activités internationalisées s'exercent sur un ensemble restreint de régions. La conclusion aborde les conséquences d'une forte concentration industrielle et l'apparition d'une implication croissante des entreprises des pays en développement. [ABSTRACT FROM AUTHOR]
- Published
- 2013
- Full Text
- View/download PDF
4. Does Insurance Market Activity Promote Economic Growth? A Cross-Country Study for Industrialized and Developing Countries.
- Author
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Arena, Marco
- Subjects
INSURANCE exchanges ,EMERGING markets ,ECONOMIC development ,GENERALIZED method of moments ,DEVELOPING countries ,DEVELOPED countries ,ECONOMICS - Abstract
Insurance market activity may contribute to economic growth, both as financial intermediary and provider of risk transfer and indemnification, by allowing different risks to be managed more efficiently and by mobilizing domestic savings. During the last decade, there has been faster growth in insurance market activity, particularly in emerging markets, given the process of financial liberalization and integration, which raises questions about the overall impact on economic growth. This article tests whether there is a causal relationship between insurance market activity (life and nonlife insurance) and economic growth. Using the generalized method of moments (GMM) for dynamic models of panel data for 55 countries between 1976 and 2004, I find robust evidence for this relationship. Both life and nonlife insurance have a positive and significant causal effect on economic growth. For life insurance, high-income countries drive the results, and for nonlife insurance, both high-income and developing countries drive the results. [ABSTRACT FROM AUTHOR]
- Published
- 2008
- Full Text
- View/download PDF
5. ECONOMIES OF SCALE AND SIZE OF PLANT: THE EVIDENCE AND THE IMPLICATIONS FOR THE DEVELOPING COUNTRIES.
- Author
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Teitel, Simón, Stigler, George J., and Kindleberger, Charles P.
- Subjects
ECONOMIES of scale ,INTERNATIONAL economic integration ,PRODUCTION functions (Economic theory) ,ECONOMIC development ,RETURNS to scale ,INDUSTRIAL productivity ,ECONOMIC efficiency ,ECONOMIC integration of developing countries ,DEVELOPED countries ,DEVELOPING countries ,ECONOMICS - Abstract
The article focuses on the implications of economies of scale for developing countries. It explores the empirical evidence on economies of scale at the aggregate as well as at plant level and further provides a statistical analysis of the influence of the size of plant to the output per worker. It also examines the relationship between the plant level economies of scale and the industry's structure as a sample of developed and developing countries. Moreover, the potential significance of the development of economies of scale on factor intensity and factor reversals are considered. Also included is a brief overview and policy implications for developing countries.
- Published
- 1974
- Full Text
- View/download PDF
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