Converging Regions

Converging Regions PDF Author: Nele Lenze
Publisher: Routledge
ISBN: 1317159918
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
For over a millennium, Asia and the Middle East have been closely connected through maritime activities and trade, a flourishing relationship that has given rise to new and thriving societies across the Indian Ocean region and Arabia. In recent times, with the global political and economic power shifts of the past decade, significant events in the Middle East and Asia have brought about fundamental global change; the Arab uprisings, the emergence of India and China as powerful global economies, the growing strength of various new Islamic movements, and serious financial uncertainties on a global scale have laid the foundations of a new world order between East and West. The current volume examines this renewed global dynamic, and how it is changing the relationships between the interdependent global communities across Asia and the Middle East. Focussing on the broader aspects of finance and trade between the Middle East and Asia, as well as growing security issues over natural resources and questions of sovereignty, this volume concludes with speculations on the growing importance of Asia and the Middle East in the global setting.

Converging Regions

Converging Regions PDF Author: Nele Lenze
Publisher: Routledge
ISBN: 1317159918
Category : Business & Economics
Languages : en
Pages : 248

Get Book Here

Book Description
For over a millennium, Asia and the Middle East have been closely connected through maritime activities and trade, a flourishing relationship that has given rise to new and thriving societies across the Indian Ocean region and Arabia. In recent times, with the global political and economic power shifts of the past decade, significant events in the Middle East and Asia have brought about fundamental global change; the Arab uprisings, the emergence of India and China as powerful global economies, the growing strength of various new Islamic movements, and serious financial uncertainties on a global scale have laid the foundations of a new world order between East and West. The current volume examines this renewed global dynamic, and how it is changing the relationships between the interdependent global communities across Asia and the Middle East. Focussing on the broader aspects of finance and trade between the Middle East and Asia, as well as growing security issues over natural resources and questions of sovereignty, this volume concludes with speculations on the growing importance of Asia and the Middle East in the global setting.

Converging Regions

Converging Regions PDF Author: Dr Nele Lenze
Publisher: Ashgate Publishing, Ltd.
ISBN: 1472436857
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
The current volume examines the renewed global dynamic, and how it is changing the relationships between the interdependent global communities across Asia and the Middle East. Focussing on the broader aspects of finance and trade between the Middle East and Asia, as well as growing security issues over natural resources and questions of sovereignty, this volume concludes with speculations on the growing importance of Asia and the Middle East in the global setting.

Convergence Clubs and Spatial Externalities

Convergence Clubs and Spatial Externalities PDF Author: Stilianos Alexiadis
Publisher: Springer Science & Business Media
ISBN: 3642316263
Category : Business & Economics
Languages : en
Pages : 254

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Book Description
Do dynamic externalities, in the form of technology creation, adoption and spatial agglomeration shape the pattern of regional growth in Europe? This study provides an alternative view on regional convergence. A model is developed which attributes club-convergence to existing differences with respect to the degree of technology adoption. In the first instance, empirical results suggest that the NUTS-2 regions of the EU-27 converge at a very slow rate. Further tests, however, indicate that convergence is restricted to a specific subset of regions. Such conclusions are tested further, using an alternative model of club-convergence, which incorporates the impact of spatial interaction, agglomeration externalities and technology. This shows that the convergence-club in Europe follows a certain geographical pattern and all members share similar characteristics regarding technology creation and adoption, and agglomeration externalities. ​

Regional Convergence in the European Union

Regional Convergence in the European Union PDF Author: Juan R. Cuadrado-Roura
Publisher: Springer Science & Business Media
ISBN: 3662047888
Category : Business & Economics
Languages : en
Pages : 366

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Book Description
The introduction of the single currency in the European economic space constitutes without doubt the most visible step towards monetary and economic integration in the EU. Those who boosted the birth of the Common Market in 1957 dreamt that this would one day come about as a logical consequence of the integration process. However, things have gone much more slowly than possibly imagined, although if taken in an adequate historic perspective, it is undeniable that the agreements that have led to European Monetary Union signify a really formidable jump in the process of political and economic integration in Europe. This is something many doubted would ever happen, but which is already a reality, although still in need of a period of consolidation. The most general economic consequences of the EMU have already been analysed in considerable depth. Proof of this is the literature already available. In general, there is coincidence in affirming that the balance of the results expected is clearly positive. Firstly, as a result of the anticipated gains in efficiency, a consequence of reduction of transaction costs associated to the previous existence of different currencies and of the elimination of exchange rate uncertainties.

Converging Regional Education Policy in France and Germany

Converging Regional Education Policy in France and Germany PDF Author: Claire Dupuy
Publisher: Springer Nature
ISBN: 3030408345
Category : Political Science
Languages : en
Pages : 213

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Book Description
How have regionalization processes across Europe impacted on policy convergence? This book takes as its starting point the curious fact that autonomous regional policymaking may be parallel to regional governments pursuing policy similarity. The author proposes that these observations are paradoxical only if sector-specific policy norms are disregarded and when autonomy is considered as the exclusive goal of regional governments. Focusing on common yet under-studied regional situations where a sense of cultural or historical distinctiveness is not readily apparent, if at all, the book argues that in policy sectors where norms of territorial equality have long been dominant, regional governments endorse them as a way to secure or expand their policy capacity when the central state or other policy entrepreneurs challenge it. This results in converging policies. A textured comparative account of educational policymaking in German Länder and French conseils régionaux over three decades forms the backbone of this analysis of policymaking in ordinary regions.

Impact of State Restructuring on Indonesia's Regional Economic Convergence

Impact of State Restructuring on Indonesia's Regional Economic Convergence PDF Author: Adiwan Fahlan Aritenang
Publisher: Flipside Digital Content Company Inc.
ISBN: 9814762954
Category : Business & Economics
Languages : en
Pages : 286

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Book Description
The creation of the ASEAN Free Trade Area (AFTA) in 1992 and decentralization in 1999 mark the state restructuring in Indonesia. This book analyses the impact of state restructuring on regional economic development in Indonesia between 1993 and 2010. Regional economic analysis shows persistent and severe regional disparities throughout the period. Particularly, econometrics study found that decentralization has accelerated regional disparities whilst the AFTA effect is insignificant on regional economic growth. Furthermore, historical institutionalism analysis on two cities - the manufacturing industry in Batam and the creative economy in Bandung - shows that past and embedded local institutions provide the capacity to adapt and create new development paths. The book suggests the importance of local-specific policies that embrace local knowledge and institutions to develop regional specialization and competitive advantage. This book fills the gap in Indonesian literature that lacks studies on the integrated impact of decentralization and trade liberalization, both economically and politically.

Regional Policy, Economic Growth and Convergence

Regional Policy, Economic Growth and Convergence PDF Author: Juan R. Cuadrado-Roura
Publisher: Springer Science & Business Media
ISBN: 3642021786
Category : Business & Economics
Languages : en
Pages : 311

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Book Description
Many European, Latin American and Asian countries have experience with regional policies aiming to reduce regional disparities in GDP per capita and/or to develop problem regions helping to recover from its GDP decrease. Spain represents, without any doubt, a very rich and interesting case-study regarding regional problems and regional development policies. The aim of this book is not only to analyze the regional policies practiced, their objectives, instruments and effects, but to provide an in-depth analysis on the impact of investments in infrastructure, human capital and other factors, as well as the advances accomplished in terms of productivity, convergence and regional competitiveness. The book particularly wants to impart knowledge, which can be useful for other countries’ policy makers, as well as for academics, researchers and consultants. The contributions selected have been written by prestigious Spanish academics, most of them also having practical experience in the field.

Convergence Clubs and Spatial Externalities

Convergence Clubs and Spatial Externalities PDF Author: Stilianos Alexiadis
Publisher: Springer Science & Business Media
ISBN: 3642316255
Category : Business & Economics
Languages : en
Pages : 254

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Book Description
Do dynamic externalities, in the form of technology creation, adoption and spatial agglomeration shape the pattern of regional growth in Europe? This study provides an alternative view on regional convergence. A model is developed which attributes club-convergence to existing differences with respect to the degree of technology adoption. In the first instance, empirical results suggest that the NUTS-2 regions of the EU-27 converge at a very slow rate. Further tests, however, indicate that convergence is restricted to a specific subset of regions. Such conclusions are tested further, using an alternative model of club-convergence, which incorporates the impact of spatial interaction, agglomeration externalities and technology. This shows that the convergence-club in Europe follows a certain geographical pattern and all members share similar characteristics regarding technology creation and adoption, and agglomeration externalities. ​

DEMOGRAPHIC STRUCTURE, REGIONAL ECONOMIC GROWTH AND CONVERGENCE IN CHINA

DEMOGRAPHIC STRUCTURE, REGIONAL ECONOMIC GROWTH AND CONVERGENCE IN CHINA PDF Author: Junfang Sun
Publisher: CAYLEY NIELSON PRESS, INC.
ISBN: 1957274131
Category : Social Science
Languages : en
Pages : 124

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Book Description
The Seventh National Population Census (NPC) results show that China's population structure has undergone profound changes. While the rates of education penetration and urbanization continue to rise, issues such as population aging and low fertility rates have become prominent. Population is the core factor influencing economic growth, and its structural changes will bring numerous opportunities and challenges for China's future economic development. Currently, most of the research on the economic effects of population structure mainly focus on constructing a certain static panels to analyze certain demographic factors, lacking consideration of the wholeness and correlation aspects of population structure. Moreover, the design of models seldom incorporate the intrinsic dynamics and convergence of economic growth. Therefore, it is of great significance to construct a dynamic panel model and systematically study the impact of various demographic factors on regional economic growth and convergence, so as to understand and grasp the demographic changes in China and promote the coordinated development of regional economy. Based on a comprehensive review of the theoretical literature, this book first conducts a systematic analysis of the spatial and temporal evolution patterns of China's national and regional population structure and regional economic development. Second, it identifies the mechanism through which population structure affects regional economic growth and convergence and proposes research hypotheses. Subsequently, based on the neoclassical economic growth convergence model, a dynamic model is constructed to examine the influence of population structure on regional economic growth and convergence. Using panel data on population structure and economic growth from 31 provinces, autonomous regions, and municipalities directly under the central government, an empirical analysis is conducted using the SYS-GMM method. Additionally, a heterogeneity analysis is conducted with samples from the eastern, central, and western regions. Furthermore, taking into account the reality of shortened spatial and temporal distances and intensified population mobility between regions, a spatial econometric model is constructed to analyze the spatial spillover effect of population structure on regional economic growth. The current research theory for interfacial loess landslides is relatively lagging behind. Therefore, this book provides a detailed theoretical study on the failure mechanism and calculation model of interface type loess landslides, and provides a clear theoretical derivation process and application methods. The research process involves interdisciplinary research in soil mechanics, elastic-plastic mechanics, fracture mechanics, structural mechanics, theoretical mechanics, and other disciplines, which not only reflects the multi-angle nature of research issues, but also reflects the multi-scale nature of research issues. The conclusions of the study as follows: changes in the gender structure of the population do not have a significant impact on the speed of national and regional economic growth. On the other hand, an increase in the gender ratio in the western region may promote economic growth convergence. Secondly, population aging can reduce labor supply and savings rate, inhibit innovation, thereby impeding regional economic growth and convergence. The influence of the rate of urbanization on economic growth shows an inverted U-shaped pattern. Initially, urbanization promotes economic growth, but excessive urbanization may hinder it. The eastern region has the highest urbanization rate and experiences an inverted U-shaped impact on economic growth, whereas the central and western regions benefit from linearly positive effects of urbanization. Moreover, the improvement of urbanization rate is one of the most important factors promoting regional economic growth convergence. The enhancement of the population's educational level can promote total factor productivity and human capital in the country as a whole and each region, thereby driving economic growth. It also stands as one of the most crucial factors promoting regional economic growth. Additionally, considering spatial factors, the aging of the population has a positive effect on the interaction of regional economic growth. Based on the above conclusions, this book proposes the following policy recommendations: First, adhere to the concept of gender equality and alleviate the pressure caused by the "marriage squeeze". Second, improve the pension system and vigorously develop the "silver economy". Third, promote the coordinated development of new urbanization and prevent "pseudo-urbanization" and "counter-urbanization". Fourth, implement the three major strategies of innovation-driven, science and education revitalization, and talent power. Fifth, strive to promote the upgrading of the employment structure and give full play to the important role of the tertiary industry in absorbing labor.

Economic Growth and Convergence

Economic Growth and Convergence PDF Author: Michał Bernardelli
Publisher: Routledge
ISBN: 1000407195
Category : Business & Economics
Languages : en
Pages : 196

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Book Description
There are many different types of convergence within economics, as well as several methods to analyse each of them. This book addresses the concept of real economic convergence or the gradual levelling-off of GDP (gross domestic product) per capita rates across economies. In addition to a detailed, holistic overview of the history and theory, the authors include a description of two modern methods of assessing the occurrence and rate of convergence, BMA-based and HMM-based, as well as the results of the empirical analysis. Readers will have access not only to the conventional econometric approach of β convergence but also to an alternative one, allowing for the convergence issue to be expressed in the context of automatic pattern recognition. This approach is universal as it can be adapted to a variety of input data. The lowest aggregation level study investigates regional convergence through the case of Polish voivodships, where convergence towards the leader is tested. On a higher level of aggregation, the authors examine the existence of GDP convergence in such groups as the EU28, North Africa and the Middle East, sub-Saharan Africa, South America, Caribbean, South-East Asia, Australia and Oceania, or post-socialist countries. For each group, the real β convergence is tested using the two above-mentioned approaches. The results are widely discussed, broadly illustrated, interpreted, and compared. The analysis allows readers to draw interesting conclusions about the causes of convergence or the drivers behind divergence. The book will stimulate further research in the field, but the research was conducted from the point of view of individual countries.