Strengthening State Economic Development Systems: A Framework for Change

Reviews state economic development activities and the distribution of benefits. Argues for strengthening accountability and transparency, improving job quality, and integrating workforce education and training into efforts aimed at emerging sectors

The Wealth of Nations and the Advancement of Collective Security

This thesis will address the economic development of countries from the strategic perspective of the United States, and consider how this development will progress overlaid in the context of the Chinese framework for the projection of national power. Using an inter-disciplinary approach, this research will synthesize sources on national security policy and economics, while seeking a Christian apologetic framework to answer these questions: How can the United States promote the economic development of countries in the Asia-Pacific region using a biblical economic-development model, as a part of its national strategy? This thesis focuses on some of the political and socio-economic ideas which catalyze economic development, explaining how these ideas can be strategically promoted by the US government: using the vehicle of civil-society initiatives in economically under-developed strategic-partner countries to foster economic development and securing their autonomy from emerging hegemonic powers

Tourism for pro-poor and sustainable growth: economic analysis of tourism projects

Despite the increasing importance of tourism in economic development and the rise of “pro-poor” tourism development strategies, properly designing and implementing tourism projects remain generally a difficult process. There are both theoretical and practical challenges in justifying public sector investments in tourism and properly measuring the projects’ benefits and sustainability. There is a need to come up with an analytical framework that would address these challenges and help evaluate a tourism project’s economic viability. This technical note introduces a simple framework that could underpin the systematic economic analysis of tourism projects.tourism; economic development; pro-poor growth; economic analysis

Economic development as design: Insight and guidance through the PSI framework

Economic development is aimed at improving the lives of people in the developing world, and needs to be carried out with design at its heart, but this has often not been the case. This paper first reviews dominant approaches to economic development including the use of subsidies or the creation of markets and demand and the testing of initiatives using randomized control trials. It then introduces ‘development engineering’ as a representative engineering design approach to engineering and technology in development before presenting the view that successful development needs to involve continual learning through innovation in context. The PSI (problem social institutional) framework is presented as a basis for guiding such development as a design activity, and its application is illustrated using examples from India of the unsuccessful introduction of new cooking stoves and then both successful and unsuccessful approaches to rural electrification. A 2-level approach to PSI is taken, in which the lower level represents daily operation of communities and the 2nd level represents the development project including addressing misalignments between the different PSI spaces and levels

Using the Rural Economic and Enterprise Development (REED) framework for analysis and joint action: outline and workplan for action research

The framework for fostering Rural Economic and Enterprise Development (REED) which is based on the analysis of successes and experiences of programmes and projects by an international group of practitioners from different professional backgrounds and countries is an example of a more holistic and spatial approach to local, rural and urban development. The framework, which tries to address the shortcomings of the traditional rural-urban dichotomy, is comprised of ten cornerstones for successful intervention, covering the policy and institutional dimension, access to infrastructure, services and markets, entrepreneurial competence and stakeholder links (see Figure 1). The REED framework can be applied at different levels, i.e., national and regional, because it is areabased. For example, many decisions concerning the political, economic and institutional environment for Rural Economic and Enterprise Development are made at national level. Decision-makers on public policies for rural areas are charged with designing strategies for rural development. Increasingly, this is done in a programmatic way, such as in inter-ministerial committees for designing PRSPs, sector investment programmes (SIPs) and sector-wide approaches (SWAPs). The REED framework adds value to the planning process because it feeds the perceptions, needs and experiences of relevant stakeholders in a systematic way. Where the focus is on developing a certain region (at sub-national level), regional development authorities can use the REED framework to create a dynamic environment for economic activity and to stimulate innovation. In this way, the specific characteristics of the region and the relevant framework conditions can be taken into consideration when elaborating and formulating key strategies, processes and possible ways to implement them, related to the individual cornerstones (see Figure 1). Within the cycle of typical government and donor-supported public investment, policies/ interventions, there are several options for applying the REED framework

Economic Development Strategies: Examples from Europe and Australia

By looking at very different aspects of regional economic development theory and policy as well as geographical areas, this paper provides a foundation of economic strategies applicable to many regions. The focus is set on a flexible and holistic approach to be able to include a wide range of economic development and wellbeing indictor and to offer an alternative to the neoclassical development framework. The European regional policy is used as an example to analyse policy in a theoretical economic development framework. The Australian example is a practical case study of a small rural shire showing the issues individual regions are facing when they are dealing with regional development on a local level.

Examining the advocacy coalition framework for insight into shale gas development in US and UK political systems

Master's Project (M.S.) University of Alaska Fairbanks, 2014The project considers the Advocacy Coalition Framework from the discipline of policymaking which is used to examine contentious and politically complex policy issues, particularly in energy and environmental development and planning. Shale gas development in the United States has been noted for its dramatic economic and political effects, leading some countries to pursue development of their own shale resources. The United Kingdom's tentative steps into the industry have engendered efforts to understand American experiences and conceptualize how their own country may or may not accommodate such development. The project attempts to highlight the current or potential issues or benefits entering the discourse and extrapolate insights from the Advocacy Coalition Framework to enhance and inform shale gas development as a social issue in addition to existing as an economic or technological disruption. Thoughts on attitudes between disciplines tangent to shale gas development are also expressed

Do Stock Markets Promote Economic Growth

One of the most enduring debates in economics is whether financial development causes economic growth or whether it is a consequence of increased economic activity. Little research into this question, however has used a true causality framework. This paper fills this lacuna by using Granger-causality tests to provide evidence of a positive and significant causal relationship going from stock market development to economic growth, particularly for less developed countries.stock market, financial development, economic growth, Granger causality

Investment opportunities in kiwifruit processing : a case study in product development that considers the advisory role of the New Zealand Ministry of Agriculture and Fisheries : a thesis in partial fulfilment of the requirements for the degree of Master of Agricultural Science at Massey University

This thesis is set in the context of the Economic Section of the Advisory Services Division of the New Zealand Ministry of Agriculture and Fisheries (MAF). MAF provides management advice to farmers and horticulturalists on what and how to produce. The direction for MAF services is taken from the national development strategy which has historically centred on expansion of traditional agriculture, but is now focusing on the development of non traditional agriculture. This shift in strategy, which involves the development of new food and fibre products, has caused MAF to adopt an industrywide market orientation that focuses on the needs of consumers rather than methods of production, so that marketing and production of both primary and processed products could be considered within the domain of MAF advisory activities. The Economic Section of MAF's Advisory Services Division is responsible for economic evaluations of opportunities in agriculture. While the national development strategy has centred on expansion of traditional agriculture these evaluations have concentrated on opportunities to improve farm management. With the shift in both the national development strategy and MAF's orientation to its work, the Economic Section must consider industrywide market orientated economic evaluations of both product and manage­ment opportunities. This study therefore involves the development and evaluation of an analytical framework for consumer orientated economic evaluations of new product opportunities. The analytical framework that is developed is, in the broadest sense, one of strategic planning, and it is evaluated through its application to a case study in kiwifruit processing. The results of the case study show that the framework is a useful one that allows a systematic consideration of new alternatives given information on markets and the objectives and characteristics of the developing firm. The second aim of the study was to evaluate and discuss MAF's industrywide market orientated approach to its advisory work. The study concludes that MAF should confine its advisory services to on-farm production, and that MAF should assume an industrywide but not a market orientated approach to its work. It is also concluded that the Economic Section of MAF's Advisory Services Division should assume responsibility for the divisions strategic planning and that this planning should involve an industrywide approach to the evaluation of farm production opportunities. To this end it is considered that a production orientated version of the analytical framework developed in this study is appropriate for use by the Economic Section