Joia, Radu Marcel; Babonea, Alina Mihaela
January 2010
International Conference : CKS - Challenges of the Knowledge Soc;Jan2010, p1260
Conference Proceeding
Until present, the specialists have only studied the economic situation in developed countries which are gifted with a large capital and qualified personnel. The economy in these countries usually engenders a high level of the gross domestic product. The USA and the Western Europe were among the most studied regions in the entire world. The global economic stability has determined an elaborate study of macroeconomic issues that developing countries deal with. The main problem the countries face is the poverty and the way out is the principal purpose established in political and economic circles. The developing countries do not have or have few inputs and, as a result, this situation keeps an invariable low level for the gross domestic product. In this way, the developing countries cannot achieve the scale economy which describes the situation in the rich states. The problems that developing countries deal with have discouraged the foreign direct investment and have reduced the economic efficiency. As a conclusion, the growth process in economy remains incomplete and vague for the developing countries although a lot of measures have been taken for improving the system.


Related Articles

  • Capital Account Liberalization, Institutions and Economic Growth. Saidi, Hichem // Journal of Business Studies Quarterly;Mar2014, Vol. 5 Issue 3, p69 

    The objective of this paper is to rule on the contribution of the institutions in the explanation of the relation opening-growth. An examination of certain considerable work showed that a low institutional quality posts a deficit during the periods of liberalization. Empirically, we managed to...

  • ¿CONTRIBUYE A AYUDA AL DESARROLLO A REDUCIR LA DESIGUALDAD? Cuesta, José; González, Mariano; Larrú, José María // Revista de Economía Mundial;2006, Issue 15, p203 

    Recent international calls for more effective foreign aid underscore the surprisingly little evidence on the redistributive impact of aid. Distribution in recipient countries is not even a qualifying criterion for donors when allocating aid. This paper addresses the fundamental question of...

  • THE IMPACT OF THE GFC ON AUSTRALIA AS A 'DUAL ECONOMY.'. Perlich, Harry // Journal of Australian Political Economy;Dec2009, Issue 64, p65 

    The article discusses the impact of the global financial crisis on the Australian economy from a "dual economy" perspective. It explains that this perspective focuses on the duality between the resource states of Western Australia and Queensland and the manufacturing states of Victoria and New...

  • Methodological Aspects of the Assessment of Innovative Activity of the Regions of Belarus. Stelmakh, Natalya // Science & Innovations;May2012, Vol. 111 Issue 5, p32 

    Nowadays the innovative economy formation is one of the global problem the developing countries face. However determination of economic efficient ways of development is possible only under adequate estimation of the existing situation and circling of definite tendencies. The article gives a...

  • Does the Agreement on Safeguards Frustrate Its Own Purpose? Sudhakar, T. V. G. N.; Reddy, J. Adithya // ICFAI Journal of International Business Law;Oct2007, Vol. 6 Issue 4, p8 

    Since the inception of the Agreement on Safeguards (ASG), there has been a steep rise in the number of safeguard measures taken by countries despite every safeguard measure challenged before the Panel or Appellate Body (AB) being struck down for failing to meet the requirements. The main purpose...

  • ICTs and Economic Growth in Developing Countries.  // DAC Journal;2004, Vol. 5 Issue 4, p7 

    This report reviews recent OECD research on the impact of ICTs in the OECD countries and asks whether similar impacts can be expected in the different circumstances of the developing world. It considers the relationship between these findings, the "digital divide" and the wider aim of...

  • The Tyranny of Concepts: CUDIE (Cumulated, Depreciated, Investment Effort) Is Not Capital. Pritchett, Lant // Journal of Economic Growth;Dec2000, Vol. 5 Issue 4, p361 

    The cost of public investment is not the increment to the value ofpublic capital. Unlike with private investors, there is no plausiblebehavioral model in which every dollar that the public sectorspends as ``investment'' creates economically valuable ``capital.''While this simple analytic point...

  • Integrity Reform in Developing Countries. Lewis, Melea Jane; Shacklock, Arthur; Connors, Carmel Majella; Sampford, Charles // Public Integrity;Summer2013, Vol. 15 Issue 3, p243 

    National Integrity Systems have been developed to assist in governance reform. This article outlines the development of such an assessment, and describes a specific project-the National Integrity System of Georgia. Applying systems methodology and learning, especially within developing...

  • Carlyle/Kyocera: low-cost opportunity.  // MarketWatch: Telecoms;August 2004, Vol. 3 Issue 8, p7 

    The low-cost personal handyphone system (PHS) service has been in decline in Japan in the face of the sophisticated products offered by the major operators, and currently has about three million subscribers. Designed to fill the gap between wireline and full mobility services, PHS has enormous...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics