IDEAS home Printed from https://ideas.repec.org/a/eaa/eerese/v14y2014i2_13.html
   My bibliography  Save this article

World Development, 2000-2010: Production, Investment And Savings In 21 Areas Of America, Africa, Asia-Pacific, Europe And Eurasia

Author

Listed:
  • GUISAN, Maria-Carmen

Abstract

In this study we present a comparison of investment and production per head in 21 areas of the World, and we find that in many poor areas there has been little improvement during the period 2000-2010. One of the main causes of this disappointing result has been the stagnation in many countries, of investment and production per capita during this decade. We present a comparison of the levels of industrial development in those areas, and we find that they are too much low in many countries. We analyze the evolution of investment and savings in 132 countries of America, Africa, Asia-Pacific, Europe and Eurasia, and we notice that it is important to foster international cooperation in order to avoid the negative consequences of low levels of investment and production per head on poverty. We include some econometric models relating investment, manufacturing and economic development with a sample of 132 countries.

Suggested Citation

  • GUISAN, Maria-Carmen, 2014. "World Development, 2000-2010: Production, Investment And Savings In 21 Areas Of America, Africa, Asia-Pacific, Europe And Eurasia," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 14(2).
  • Handle: RePEc:eaa:eerese:v:14:y2014:i:2_13
    as

    Download full text from publisher

    File URL: http://www.usc.es/economet/reviews/eers14213.pdf
    Download Restriction: No.
    ---><---

    References listed on IDEAS

    as
    1. World Bank, 2014. "World Development Indicators 2014," World Bank Publications - Books, The World Bank Group, number 18237, December.
    2. Guisan, M.C. & Exposito, P., 2006. "Health Expenditure, Poverty and Economic Development in Africa, 2000-2005," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 3(2), pages 5-20.
    3. Guisan, M.C. & Exposito, P., 2010. "Health Expenditure, Education, Government Effectiveness and Quality of Life in Africa and Asia," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 10(1).
    4. GUISAN, Carmen & Neira, Isabel, 2006. "Direct and Indirect Effects of Human Capital on World Development, 1960-2004," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 6(1), pages 17-34.
    5. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2012. "Investment, Poverty And Development In Asia-Pacific Countries: Econometric Models And Evolution, 2000-2010," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 12(1).
    6. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2015. "Manufacturing And Development In Countries And Areas Of Asia-Pacific, 2000-2010," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 15(2), pages 203-208.
    Full references (including those not matched with items on IDEAS)

    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. 25. World development in 2000-2015: Countries by income level and international comparisons by Euro-American Association
      by MCG Blogs de Economía in Euro-American Association: World Development on 2016-07-07 10:53:00
    2. 34. Notable Women researchers on Economics
      by Euro American Association EAAEDS in Euro-American Association: World Development on 2018-10-09 19:52:00

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Simplice Asongu & Uduak S. Akpan & Salisu R. Isihak, 2018. "Determinants of foreign direct investment in fast-growing economies: evidence from the BRICS and MINT countries," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 4(1), pages 1-17, December.
    2. AKA, Bedia François, 2016. "Quantitative Impacts Of Basic Income Grant On Income Distribution In Cote D’Ivoire: Time To Change Our Societies," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 25(1), pages 159-170.
    3. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2021. "Industry, Education, Development And Quality Of Life In African Countries, 1995-2020," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 21(2), pages 53-76.
    4. Kunofiwa TSAURAI, 2018. "Determinants Of The Percentage Of Savings In Emerging Markets: A Panel Data Analysis Approach, 1995-2015," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 18(2), pages 25-40.
    5. ASONGU, Simplice & ODHIAMBO, Nicholas, 2018. "Drivers Of Growth In Fast Emerging Economies: A Dynamic Instrumental Quantile Approach To Real Output And Its Rates Of Growth In Brics And Mint Countries, 2001-2011," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 18(1), pages 5-22.
    6. Edmore MAHEMBE & Nicholas M. ODHIAMBO, 2017. "On The Link Between Foreign Aid And Poverty Reduction In Developing Countries," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 26(2), pages 113-128.
    7. Mohammad ALAWIN & Mohammad OQAILY, 2017. "Current Account Balance, Inflation, Industry And Sustainable Development In Jordan," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 26(3), pages 45-56.
    8. AKA, Bedia F. & GUISAN, Maria-Carmen, 2017. "Cutting Poverty Rate Using Basic Income Grant And International Cooperation In Cote D’Ivoire And Other Western Africa Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 17(1), pages 101-112.
    9. GUISAN, Maria-Carmen, 2022. "Life Satisfaction, Income, Security And Environment: An Interregional Econometric Model Of 372 Regions From Europe, America, Asia And Oceania In Year 2016," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 22(2), pages 25-48.
    10. E.G. Russkova & I.V. Mitrofanova & O.Yu. Vatyukova & N.P. Ivanov & V.V. Batmanova, 2017. "Structural Changes In The Gdp Of Russia In 1995-2015: Sectoral Approach," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 17(1), pages 39-52.
    11. Kunofiwa TSAURAI, 2018. "Investigating The Impact Of Foreign Direct Investment On Poverty Reduction Efforts In Africa," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 27(2), pages 139-154.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Simplice Asongu & Uduak S. Akpan & Salisu R. Isihak, 2018. "Determinants of foreign direct investment in fast-growing economies: evidence from the BRICS and MINT countries," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 4(1), pages 1-17, December.
    2. ASONGU, Simplice & ODHIAMBO, Nicholas, 2018. "Drivers Of Growth In Fast Emerging Economies: A Dynamic Instrumental Quantile Approach To Real Output And Its Rates Of Growth In Brics And Mint Countries, 2001-2011," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 18(1), pages 5-22.
    3. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2021. "Industry, Education, Development And Quality Of Life In African Countries, 1995-2020," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 21(2), pages 53-76.
    4. GUISAN, Maria-Carmen & AGUAYO, Eva & EXPOSITO, Pilar, 2014. "Econometric Model Of Manufacturing, Investment And Development In 30 Countries Of Asia-Pacific," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 14(2).
    5. Kunofiwa TSAURAI, 2018. "Investigating The Impact Of Foreign Direct Investment On Poverty Reduction Efforts In Africa," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 27(2), pages 139-154.
    6. GUISAN, Maria-Carmen, 2022. "Life Satisfaction, Income, Security And Environment: An Interregional Econometric Model Of 372 Regions From Europe, America, Asia And Oceania In Year 2016," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 22(2), pages 25-48.
    7. GUISAN, Maria-Carmen, 2017. "Manufacturing And Development In Countries And Areas Of Africa, 2000-2010," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 17(2), pages 137-148.
    8. GUISAN, Maria-Carmen, 2023. "Health Resources and Scores in European Countries, 1996-2019: Expenditure per capita and Rates of Doctors, Nurses and Beds in France, Germany, Italy, Spain, Switzerland and the UK," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 23(1), pages 111-130.
    9. POPKOVA, Elena, 2014. "New Prospects Of Economic Growth In Context Of Underdevelopment Whirlpools Phenomena," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 14(1), pages 5-20.
    10. GUISAN, Maria-Carmen, 2015. "Selected Readings On Econometrics Methodology, 2001-2010: Causality, Measure Of Variables, Dynamic Models And Economic Approaches To Growth And Development," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 15(2), pages 213-220.
    11. Vasilev, Aleksandar, 2015. "Welfare gains from the adoption of proportional taxation in a general-equilibrium model with a grey economy: the case of Bulgaria's 2008 flat tax reform," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 48(2), pages 169-185.
    12. Muhammad Akhtaruzzaman & Shaohua Yang & Azizah Omar, 2018. "Are Resource-Rich Countries More Attractive than Countries with Good Institutions to Foreign Direct Investors in Sub-Saharan Africa?," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 10(6), pages 65-74, June.
    13. Khan, Syed Abdul Rehman & Zaman, Khalid & Zhang, Yu, 2016. "The relationship between energy-resource depletion, climate change, health resources and the environmental Kuznets curve: Evidence from the panel of selected developed countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 468-477.
    14. Charléty, Patricia & Romelli, Davide & Santacreu-Vasut, Estefania, 2017. "Appointments to central bank boards: Does gender matter?," Economics Letters, Elsevier, vol. 155(C), pages 59-61.
    15. Jan Fagerberg & Martin Srholec, 2017. "Global Dynamics, Capabilities and the Crisis," Economic Complexity and Evolution, in: Andreas Pyka & Uwe Cantner (ed.), Foundations of Economic Change, pages 83-106, Springer.
    16. Simplice A. Asongu, 2014. "Knowledge Economy and Financial Sector Competition in African Countries," African Development Review, African Development Bank, vol. 26(2), pages 333-346, June.
    17. Stephanie E. Austin & Robbert Biesbroek & Lea Berrang-Ford & James D. Ford & Stephen Parker & Manon D. Fleury, 2016. "Public Health Adaptation to Climate Change in OECD Countries," IJERPH, MDPI, vol. 13(9), pages 1-20, September.
    18. Al Zayed, Islam Sabry & Elagib, Nadir Ahmed & Ribbe, Lars & Heinrich, Jürgen, 2016. "Satellite-based evapotranspiration over Gezira Irrigation Scheme, Sudan: A comparative study," Agricultural Water Management, Elsevier, vol. 177(C), pages 66-76.
    19. David Roodman, 2020. "The impact of life-saving interventions on fertility," Papers 2007.11388, arXiv.org.
    20. Dreher, Axel & Fuchs, Andreas & Langlotz, Sarah, 2019. "The effects of foreign aid on refugee flows," European Economic Review, Elsevier, vol. 112(C), pages 127-147.

    More about this item

    Keywords

    Production; Investment; Savings; America; Africa; Asia-Pacific; Europe; Eurasia; World Development; Poverty Eradication; International Cooperation.;
    All these keywords.

    JEL classification:

    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa
    • O56 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Oceania
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eaa:eerese:v:14:y2014:i:2_13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: M. Carmen Guisan (email available below). General contact details of provider: http://www.usc.es/economet/eaa.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.