Economic Policy Analysis

The determinants of FDI include any host country’s situations that affect the inflow of FDI, like market size, the economic growth rate, real growth domestic product, infrastructure, natural resource, the political situation etc. In recent years, Ethiopia has started encouraging the inflow of FDI by improving the investment climate and by providing different incentive packages. The focus of this review is to identify the major determinants of foreign direct investment (FDI) in Ethiopia. The results show that variables like real growth domestic product, liberalization, exchange rate devaluation, and trade openness are significant and have a positive correlation with the inflow of FDI in Ethiopia. On the other hand, variables like inflation, poor infrastructure, the volatile and high lending interest rate havea significant and negative association with the inflow of foreign direct investment. Finally, the study recommends possible intervention of the government through infrastructure development and formulation of sound fiscal and monetary policies to control the negative impact of inflation, interest rate and other macro variables.

The determinants of FDI include any host country’s situations that affect the inflow of FDI, like market size, the economic growth rate, real growth domestic product, infrastructure, natural resource, the political situation etc.  In recent years, Ethiopia has started encouraging the inflow of FDI by improving the investment climate and by providing different incentive packages. The focus of this review is to identify the major determinants of foreign direct investment (FDI) in Ethiopia.  The results show that the variables like real growth domestic product, liberalization, exchange rate devaluation, and trade openness are significant and have a positive correlation with the inflow of FDI in Ethiopia. On the other hand, variables like inflation, poor infrastructure; volatile and high lending interest rate have a significant and negative association with the inflow of foreign direct investment.  Finally, the study recommends possible intervention of the government through infrastruct...

In spite of the evidence of strong influence on the incorporation of policy provisions from the U.S. antitrust into the recent competition policy reforms in the European Union (EU), few considerable attempts have been made to analyze the influence of U.S. antitrust on EU competition policy in anticartel enforcement policies, antimonopoly regulation, and the regulation of mergers and acquisitions. The purpose of this article is to fill the gap by attempting to link EU competition policy with U.S. antitrust, provide a critical overview of the most important elements of European competition policy reforms, carry out a comparative analysis between EU and U.S. competition policies, detect convergence or divergence, and account for the degree of convergence and for the relevant mechanisms triggering convergence. The main focus is on the analysis of anticartel enforcement policy, antimonopoly policy, and merger control.

Sustainable development has been accepted to hang on three pillars, namely; social, environmental and economic sustainability. A deteriorating environment could generate a lot of diseases and ultimately, a decline in the quality of human life. It therefore becomes imperative to emphasize on the sustainability of the environment, because it is a core ingredient in achieving sustainable development. Since the Millennium Development Goals have brought the assessment of environmental sustainability to the fore, it was used as the framework to assess the environmental sustainability. This paper reveals that that none of the targets and indicators for ensuring environmental sustainability has been met, with the strongest progress made in the provision of safe drinking water. Nonetheless, this paper can serve as a very useful guide as we transit from the MDGs to the Sustainable Development Goals (SDGs). There will be the need for a strong political will and policy support for the achievement of the SDGs.

The view that the government can accelerate national economic development and growth by encouraging the economic ·growth of selected regions or cities seems to have been accepted by Chinese authorities. In effect, such a policy involves the promotion of uneven or unbalanced regional development- the 'forced' growth of particular areas, very often with the expectation that this growth will radiate out to a wider area at a later stage.
The productive potential and scope for economic development of different regions of a country varies considerably, and the maximisation of economic growth and of production in relation to the scarce resources of a country requires that this be taken into account. Natural and social circumstances may favour some regions for development in comparison with others. In general, with economic development, productivity and incomes are likely to grow in some regions at a faster rate than in others and interregional income disparities may widen. Thus there may be political pressure for more even economic development throughout a country, and/or for measures to make internal migration easier, so that individuals can leave relatively backward regions and earn larger incomes in developing regions and cities.

This paper investigates the effect of smallholder livestock production on income among farm households in northern Ghana. Questionnaires were administered to 300 household heads and ordinary least squares estimation technique was applied to the dataset. The dependent variable was income and measured by total annual income received from farm and non-farm activities by household heads. The independent variable of interest was tropical livestock unit measured by flock size. We also included farm size, household size, gender, age, educational level, distance to market, dependency ratio and access to formal credit as control variables. We found that smallholder livestock production and farm size increase income whilst distance to market and dependency ratio reduce income. Based on evidence of the positive relationship between livestock production and household income in this paper, it is recommended that policies to promote smallholder livestock production should be embarked upon to incr...

Jiang Zemin, the General Secretary of the CPC, urged in 1991 that more emphasis should be placed on science and new technology as a factor in China's economic development rather than on the mere expansion of production using current techniques and involving the greater production of existing commodities. He proposed to put more reliance for economic progress on the development of science and technology and on improvements in the quality of the workforce (China Daily, 24 May 1991, p. 1; 28 May 1991, p. 1). In doing so he was favouring a policy supported by his predecessor Zhao Ziyang and endorsed by the Thirteenth National Congress of the CPC in 1987.
Greater application of science and new technology to Chinese industry is expected to result not only in the introduction of cost­ saving and quality-improving new techniques but also in considerable product innovation.

У овом раду анализирамо економске политике које су у кампањe за парламентарне изборе у Србији 2014. gодине кандидовале странке и коалиције. У фокусу анализе биће обећања у вези са новим законом о раду, који је био главна економска тема у месецимa пре избора и обећања у вези са привредним растом, као и последице које би спровођењe тих политика имало по јавне финансије и јавни дуг Републике Србије.

China is still in its early stages of economic development and, like Japan before it, may well make substantial economic gain from international transfer of technology. Also, it should be remembered that the majority of high income countries continue to obtain substantial economic benefits from international technology transfer. Furthermore virtually all import more technology than they export, as indicated by a variety of crude measures of technology flows. National deficits in international technology trade seem to be the norm rather than the exception. Given the fact that each nation is comparatively small in relation to the rest of the world, it is not surprising that all (with the possible exception of the United States) have an excess of technology imports over technology exports.