Relevant bibliographies by topics / State economic development

Contents

  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers
  6. Reports

Academic literature on the topic 'State economic development'

Author: Grafiati
Published: 28 May 2022
Last updated: 18 July 2025

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Journal articles on the topic "State economic development"

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Grabowski, Richard. "Economic Nationalism, Economic Development, and the State." Asien Afrika Latinamerika 30, no. 1 (2002): 1–18. http://dx.doi.org/10.1080/03233790210818.

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Beglytsia, Volodymyr Petrovych, and Olena Oleksandrivna Tsyplitska. "CORRUPTION AND ECONOMIC DEVELOPMENT: THE ROLE OF THE STATE." SCIENTIFIC BULLETIN OF POLISSIA 1, no. 1(13) (2018): 135–41. http://dx.doi.org/10.25140/2410-9576-2018-1-1(13)-135-141.

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Reed, B. J., and Paul Brace. "State Impact on Economic Development." Public Administration Review 54, no. 5 (1994): 492. http://dx.doi.org/10.2307/976439.

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Raiskaya, N., Y. Segienko, and А. Frenkel. "State, Innovations and Economic Development." World Economy and International Relations, no. 10 (2006): 27–33. http://dx.doi.org/10.20542/0131-2227-2006-10-27-33.

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Hyde, M. S., W. E. Hudson, and J. J. Carroll. "Business and State Economic Development." Political Research Quarterly 41, no. 1 (1988): 181–91. http://dx.doi.org/10.1177/106591298804100113.

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Hyde, Mark S., William E. Hudson, and John J. Carroll. "Business and State Economic Development." Western Political Quarterly 41, no. 1 (1988): 181. http://dx.doi.org/10.2307/448465.

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Grabowski, Richard. "The state and economic development." Studies In Comparative International Development 29, no. 1 (1994): 3–17. http://dx.doi.org/10.1007/bf02687236.

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H. Kuchkarov and F. Kholmirzaev. "ECONOMIC DEVELOPMENT IN STATE GOVERNANCE." Sciental Journal of Education Humanities and Social Sciences 3, no. 2 (2025): 1–4. https://doi.org/10.62536/sjehss.2025.v3.i2.pp1-4.

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This article analyzes the sale of export products to foreign countries using the example of Andijan region. It examines the growing diversity of exported goods and the role of state governance in enhancing these processes based on relevant data.
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Fisher, Peter S. "Product Development Corporations and State Economic Development." Economic Development Quarterly 2, no. 4 (1988): 303–15. http://dx.doi.org/10.1177/089124248800200404.

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TKACHENKO, IVAN, TETIANA ZAVHORODNIA, and LEONID OBERTYNSKYI. "CURRENT STATE AND DYNAMICS OF UKRAINE’S FOREIGN ECONOMIC ACTIVITY DEVELOPMENT." Herald of Khmelnytskyi National University. Economic sciences 284, no. 4(3) (2020): 309–16. https://doi.org/10.31891/2307-5740-2020-284-4(3)-55.

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The foreign economic activity of each country is an important prerequisite for its sustainable economic growth. It becomes especially relevant in modern economic conditions, when the processes of transnationalization, international economic integration, division of labor, globalization are intensifying. Foreign economic activity promotes the development of promising areas of export potential; It is at the expense of foreign economic activity that our country solves the problem of shortage of energy, the latest machinery and equipment, technology, and some consumer goods. The development of foreign economic activity of the regions of Ukraine is one of the priority areas of state economic policy, which is to expand mutually beneficial relations with other countries and equal entry of the national economy into the world economic space. The article examines issues related to analyzing indicators that reflect the current state of development of foreign economic activity in Ukraine. The approaches of scientists to the interpretation of the concept of “foreign economic activity” are analyzed. It is established that such activity is one of the main macroeconomic factors of sustainable economic growth and development of each country, creating conditions for integrating the national economic system into the world economy. Based on the analysis of statistical data of the Main Department of Statistics of Ukraine, the role and place of Ukraine in the world economic system. The main priorities of Ukraine’s foreign economic and integration activities have been identified, including Asian, African, American, and Western European vectors. Peculiarities and strategic directions of cooperation are determined for each direction. The article presents indicators of foreign economic activity and identifies trends in their change. The countries with which Ukraine has the densest trade turnover in exports and imports have been pointed out. Identified groups of goods and services for which foreign economic activity is carried out most intensively. The main factors that have the most significant impact on Ukraine’s foreign trade indicators have been identified.
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Dissertations / Theses on the topic "State economic development"

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Hu, Guohua. "The state (re)production of scale : a case study of Shenshan Special Cooperation Zone, China." HKBU Institutional Repository, 2020. https://repository.hkbu.edu.hk/etd_oa/854.

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The scale is a fundamental yet controversial concept in human geography. Among diverse views over scale, this thesis draws insights from the process-based approach of scale jumping. It is a key notion to understand scale as a process, yet few explorations have been made on making use of its methodological values. Thus this thesis seeks to elaborate the notion by redeveloping it as an analytical framework. Four key elements are therefore concerned: (a) actors and their purposes; (b) directions; (c) approaches; and (d) outcomes. These elements form a framework to investigate the rescaling process of economic space in China. Conventional studies suggest that in the context of global competition, the role of state in scale (re)production has changed from a passive to an active actor. In China, where the state plays an active role in facilitating the economy, different levels of state actors, such as government officials and institutions, are involved in the (re)production of scale. Using the production of Shenshan Special Cooperation Zone (SSCZ) as a case study, the abovementioned four elements are investigated. Specifically, there are three research questions: (a) why do local governments rescale their economy? (b) How do local governments build SSCZ? And (c) what is the outcome of rescaling through SSCZ? The qualitative research method is used to collect data and other information for this research. This includes desktop searches and interviews of businessmen, planners, government officials, and local residents. Through a detailed investigation of the production of SSCZ, this research reveals the role of local governments, their intentions for rescaling, the approaches they used, and the outcomes of the rescaling
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Mundy, Warren. "Australian economic development : a state perspective." Thesis, University of Cambridge, 1995. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.389877.

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Frisk, Mårten. "Economic bureaucracy and the South Korean developmental state." Thesis, Linnéuniversitetet, Institutionen för samhällsvetenskaper, SV, 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:lnu:diva-23814.

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South Korea underwent a period of high economic growth which propelled it from low to high income status in just a few decades. Instrumental in this process of rapid industrial transformation was the economic bureaucracy which formulated and implemented policies. This thesis details the role played by bureaucratic organizations in South Korea’s development and how they were able to formulate successful economic policies. In analyzing the economic bureaucracy in South Korea, a framework is used to determine its level of autonomy from special interests as well as the degree of public-private cooperation. The study finds that the high levels of corporate coherence and autonomy from special interests within the economic bureaucracy can partially be ascribed to the meticulously meritocratic recruitment and promotion process which was established prior to the first years of high economic growth. At a higher level of abstraction, the study concludes that South Korea benefited from having a strong imperative to develop its economy due to numerous external and domestic conditions. Although the level of applicability in other contexts is found to be limited, the emergence of a competent and relatively incorrupt bureaucracy remains one aspect which could possibly be reproduced elsewhere.
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Perkins, Judy Annette. "Institutionalizing transportation infrastructure investments and economic development : the role of State Departments of Transportation in multi-state economic development activities." Diss., Georgia Institute of Technology, 1992. http://hdl.handle.net/1853/32808.

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Sboul-Keating, Wa'ed Shawkat. "The state and the socio-economic development of Jordan 1973-1985." Thesis, Durham University, 1993. http://etheses.dur.ac.uk/5648/.

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This study questions the basic assumption on which state-centred development has been based, namely, that it acts in the general interests of society and can bring about economic development, and attempts to provide an explanation of the ineffectiveness of the state's project in restructuring the economy by analysing the development of the political economy of Jordan in the wake of the 1973-4 oil boom. This explanation rests on arguing that the state's ability to intervene in the economy is constrained by the particular power configuration that gives it its legitimacy and the necessity to maintain the prominence, influence and authority of the key social forces. In other words, the restructuring of the economy implies a change in the internal power structures of the state as well as its external linkages that have been the basis of its legitimacy and the source of its economic power. The problem, then, is not merely a matter of state inefficiency and misuse of funds but a more deep- rooted structural problem that touches on the essential features of the organisation of state power and its legitimacy and in that respect the state is not a neutral force above society but a partisan force for maintaining the existing power structures. Thus the concentration of capital in the hands of the state during the oil boom period and the expanded role of the state in the economy produced prosperity for the dominant social forces while marginalising a large part of the population and resulted in a deep rooted crisis in the state sector and the economy in general and called into question the feasibility of state-led development and required critical analysis of the role of the state in development.
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Baumann, Franz Carleton University Dissertation Political Science. "The Bureaucratic state and economic development in Nigeria." Ottawa, 1992.

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Hsu, Kan-Lin. "The rise and fall of the Taiwanese development state, 1949-1999." Thesis, Lancaster University, 2002. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.274203.

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Wade, Leslie M. "State of local economic development attitudes and approaches to development plans /." [Gainesville, Fla.] : University of Florida, 2005. http://purl.fcla.edu/fcla/etd/UFE0011200.

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Lane, Nathaniel. "States of Development : Essays on the Political Economy of Development in Asia." Doctoral thesis, Stockholms universitet, Nationalekonomiska institutionen, 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:su:diva-144620.

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Manufacturing Revolutions - Industrial Policy and Networks in South Korea. This chapter uses a historic big push intervention and newly digitized data from South Korea to study the effects of industrial policy on industrial development. In 1973 South Korea transitioned to a military dictatorship and drastically changed their development strategy. I find industries targeted by the regime's big push grew significantly more than non-targeted industries along several key dimensions of industrial development. These developmental effects persisted after industrial policies were retrenched, following the 1979 assassination of the president. Furthermore, I estimate the spillovers of the industrial policies using exogenous variation in the exposure to the policy across the input-output network. I find evidence of persistent pecuniary externalities like those posited by big push development theorists, such as Albert Hirschman. In other words, I find that South Korea's controversial industrial policy was successful in producing industrial development, the benefits of which persisted through time and in industries not directly targeted by the policies. Waiting for the Great Leap Forward - The Green Revolution and Structural Change in the Philippines. This study explores the short- and long-run impacts of the green revolution on structural transformation. The setting is the revolution’s home country: the Philippines. In 1966, the Philippine’s experienced the widespread introduction of so-called “miracle rice” varieties, invented at the International Rice Research Institute in Los Banos, Laguna. The island republic experienced large gains to agricultural productivity as a result. Using a newly constructed panel of Philippine municipalities, I show that growth in agricultural productivity led to unexpected patterns of structural transformation. In the short-run, the green revolution translated into labor-absorbing technological change, reallocating labor into HYV-intensive rice economies. However, in the long-run, the rising relative cost of labor, meant that rice farms mechanized and displaced the Philippine peasantry into the service sector. The Historical State, Local Collective Action, and Economic Development in Vietnam. This study examines how the historical state conditions long-run development, using Vietnam as a laboratory. Northern Vietnam (Dai Viet) was ruled by a strong centralized state in which the village was the fundamental administrative unit. Southern Vietnam was a peripheral tributary of the Khmer (Cambodian) Empire, which followed a patron-client model with weaker, more personalized power relations and no village intermediation. Using a regression discontinuity design across the Dai Viet-Khmer boundary, the study shows that areas historically under a strong state have higher living standards today and better economic outcomes over the past 150 years. Rich historical data document that in villages with a strong historical state, citizens have been better able to organize for public goods and redistribution through civil society and local government. This suggests that the strong historical state crowded in village-level collective action and that these norms persisted long after the original state disappeared.
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While, Aidan. "Regional partnerships and economic development in England." Thesis, Leeds Beckett University, 2000. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.366291.

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Books on the topic "State economic development"

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Swenson, Dean. State economic development programs. Wisconsin Legislative Audit Bureau, 2012.

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1945-, Clark Cal, and Lemco Jonathan, eds. State and development. E.J. Brill, 1988.

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Koehler, Gus. State government economic development programs. California Research Bureau, California State Library, 1996.

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Dewar, Margaret E. Why don't state and local economic development programs produce economic development? State and Regional Research Center, University of Minnesota, 1992.

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Dewar, Margaret E. Why don't state and local economic development programs produce economic development? State & Regional Research Center, University of Minnesota, 1992.

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Tesfaye, Aaron. State and Economic Development in Africa. Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-57825-5.

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(Nigeria), Anambra State. State economic empowerment & development strategy (SEEDS). 2nd ed. s.n., 2007.

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Kumar, Kamesh. State public enterprise and economic development. Northern Book Centre, 1994.

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Anambra State (Nigeria). Office of Economic Planning and Monitoring. State economic empowerment & development strategy (SEEDS). 2nd ed. Government Printing Office, 2006.

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Elsenhans, Hartmut. State, class and development. Sangam Books, 1996.

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Book chapters on the topic "State economic development"

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Fisher, Ronald C. "Economic development." In State and Local Public Finance, 5th ed. Routledge, 2022. http://dx.doi.org/10.4324/9781003030645-25.

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Terra, Fábio Henrique Bittes, Fernando Ferrari Filho, and Pedro Cezar Dutra Fonseca. "Keynes on State and Economic Development." In Development Economics. Routledge, 2021. http://dx.doi.org/10.4324/9781003267300-7.

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Robinson, David J. "Defining Economic Development." In Economic Development from the State and Local Perspective. Palgrave Macmillan US, 2014. http://dx.doi.org/10.1057/9781137317490_1.

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Robinson, David J. "Economic Development Organizations." In Economic Development from the State and Local Perspective. Palgrave Macmillan US, 2014. http://dx.doi.org/10.1057/9781137317490_3.

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Lehman, Howard P. "The State and Economic Adjustment Strategies." In Indebted Development. Palgrave Macmillan UK, 1993. http://dx.doi.org/10.1007/978-1-349-22731-0_3.

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Lazonick, William. "Entrepreneurship and the Developmental State." In Entrepreneurship and Economic Development. Palgrave Macmillan UK, 2011. http://dx.doi.org/10.1057/9780230295155_12.

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Tabata, Shinichiro, and Tomoko Tabata. "State Budget." In Russian Economic Development over Three Centuries. Springer Singapore, 2019. http://dx.doi.org/10.1007/978-981-13-8429-5_8.

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Kalu, Kenneth. "The State and Economic Development." In Foreign Aid and the Future of Africa. Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-319-78987-3_8.

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Robinson, David J. "Economic Driver: Energy-Led Economic Development." In Economic Development from the State and Local Perspective. Palgrave Macmillan US, 2014. http://dx.doi.org/10.1057/9781137317490_12.

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Robinson, David J. "Economic Driver: Technology-Based Economic Development." In Economic Development from the State and Local Perspective. Palgrave Macmillan US, 2014. http://dx.doi.org/10.1057/9781137317490_13.

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Conference papers on the topic "State economic development"

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Gill, Amit, Manabu Kawashima, Joshua Panganiban, and Maddegedara Lalith. "Development of a 1:1 scale Multi-region Agent-based Economic Model for Estimating Economic Impacts of Infrastructure Damages." In IABSE Symposium, Tokyo 2025: Environmentally Friendly Technologies and Structures: Focusing on Sustainable Approaches. International Association for Bridge and Structural Engineering (IABSE), 2025. https://doi.org/10.2749/tokyo.2025.0461.

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<p>We develop a 1:1 scale multi-region agent-based economic model (MR-ABEM), capable of simulating large national economies as a collection of regional/prefectural/state economies, for estimating the economic impacts of disasters. At the core, the MR-ABEM consists of several agent- based economic models (ABEMs), one for each region (e.g., a prefecture in case of Japan), which interact among themselves through exchange of labour and goods. Each regional economy is modelled at 1:1-scale and consists of thousands of firms belonging to hundreds of industries, thousands of foreign firms, millions of households comprising investors, workers, and inactive households, a bank, and the prefectural government. Parameters of regional-ABEMs are derived from the economic data of the represented prefectural economies. To simulate millions of economic entities, a high-performance computing extension is also implemented. The MR-ABEM has been calibrated and validated to the Japanese economy.</p>
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Malinoshevska, K. I. "DEVELOPMENT OF THE COMPANY STRATEGY." In Economic security: state, cluster, enterprise. Publishing House “Baltija Publishing”, 2021. http://dx.doi.org/10.30525/978-9934-26-187-9-6.

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Lavrentiev, A. A., V. V. Sidorkin, E. A. Gamoyunov, A. S. Rusaleev, and K. F. Kalmykova. "ENVIRONMENTAL EFFECT OF ECONOMIC WASTE MANAGEMENT." In STATE AND DEVELOPMENT PROSPECTS OF AGRIBUSINESS. DSTU-PRINT, 2020. http://dx.doi.org/10.23947/interagro.2020.1.224-228.

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The article explores ways of forming a modern concept of rational nature management of agricultural waste. The analysis of the nomenclature of agricultural waste was carried out, their influence on the environmental situation was studied. The modern technologies of rational nature management of agricultural waste are systematized, the most promising areas of waste recycling are identified. The ecological effect of the application of technologies for the rational environmental management of agricultural waste was studied.
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Velikanova, I. V. "MINIMIZATION OF ECONOMIC LOSSES IN A FLAX SUBCOMPLEX OF AIC." In STATE AND DEVELOPMENT PROSPECTS OF AGRIBUSINESS. DSTU-PRINT, 2020. http://dx.doi.org/10.23947/interagro.2020.1.439-442.

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The article presents an objective assessment of the extent of economic losses in the flax complex of Russia, including indirect ones, caused by the violation and imperfection of the technologies for growing, harvesting and primary processing of flax, as well as the rationale for minimizing them. It has been established that the most relevant of these methods should include the most complete restoration of the functions of the weakest links in the technological, technical and organizational - economic systems of the flax subcomplex.
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Sarkisian, D. S. "THE ECONOMICS OF AGRICULTURE." In STATE AND DEVELOPMENT PROSPECTS OF AGRIBUSINESS. ООО «ДГТУ-Принт» Адрес полиграфического предприятия: 344003, г. Ростов-на-Дону, пл. Гагарина,1., 2024. http://dx.doi.org/10.23947/interagro.2024.353-355.

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The article discusses a branch of the economy that helps optimize the use of resources that are bottlenecks or scarce to increase the efficiency of production processes, as well as the economic aspects of agriculture, the agrarian structure of the economy, problems and tasks.
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Ivanchina, J. V. "State Intervention in Labor Legislation and Economic Development." In Proceedings of the International Science and Technology Conference "FarEastСon" (ISCFEC 2019). Atlantis Press, 2019. http://dx.doi.org/10.2991/iscfec-19.2019.49.

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Pawlik, Andrzej, Paweł Dziekański, Magdalena Wrońska, and Urszula Karpińska. "ASSESSMENT OF THE INFRASTRUCTURAL POTENTIAL IN RELATION TO THE DEVELOPMENT PROCESS OF THE TERRITORIAL UNIT." In Economic security: state, cluster, enterprise. Publishing House “Baltija Publishing”, 2020. http://dx.doi.org/10.30525/978-9934-26-018-6-6.

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Bogush, L. G. "DEVELOPMENT OF THE GREEN ECONOMY’ MECHANISMS AND TECHNOLOGIES AS A FACTOR OF THE NATIONAL SECURITY." In Economic security: state, cluster, enterprise. Publishing House “Baltija Publishing”, 2021. http://dx.doi.org/10.30525/978-9934-26-187-9-2.

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Arkhipova, Tatyana V. "Economic sustainability of state-owned enterprises as basis of sustainable economic development." In International Conference «Responsible Research and Innovation. Cognitive-crcs, 2017. http://dx.doi.org/10.15405/epsbs.2017.07.02.4.

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Denysenko, Mykola, and Svitlana Breus. "ECONOMIC DEVELOPMENT OF UKRAINE: MODERN TRENDS IN ENSURING THE STATE ECONOMIC SECURITY." In 2nd International Conference on Relationship between public administration and business entities management. Scientific Center of Innovative Researches OÜ, 2022. http://dx.doi.org/10.36690/rpabm-2022-127.

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Reports on the topic "State economic development"

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Acemoglu, Daron, Camilo García-Jimeno, and James Robinson. State Capacity and Economic Development: A Network Approach. National Bureau of Economic Research, 2014. http://dx.doi.org/10.3386/w19813.

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Smith, Diane. Asset-based economic development: The Ionia state recreational area. Iowa State University, 2009. http://dx.doi.org/10.31274/cc-20240624-257.

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Dell, Melissa, Nathaniel Lane, and Pablo Querubin. The Historical State, Local Collective Action, and Economic Development in Vietnam. National Bureau of Economic Research, 2017. http://dx.doi.org/10.3386/w23208.

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Bartik, Timothy J. Federal Policy Towards State and Local Economic Development in the 1990s. W.E. Upjohn Institute, 1993. http://dx.doi.org/10.17848/wp93-17.

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Gorin, Clément, Stephan Heblich, and Yanos Zylberberg. State of the Art: Economic Development Through the Lens of Paintings. National Bureau of Economic Research, 2025. https://doi.org/10.3386/w33976.

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Button, Patrick. Do Tax Incentives Affect Business Location and Economic Development? Evidence from State Film Incentives. National Bureau of Economic Research, 2019. http://dx.doi.org/10.3386/w25963.

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McCall, Jamie. Assessing the Evidence: Promoting Economic Development in Rural North Carolina with Education, Workforce Development, Infrastructure, Healthcare, and Leadership. Carolina Small Business Development Fund, 2021. http://dx.doi.org/10.46712/rural.economic.development.

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Like many other states, North Carolina’s population dynamics have shown a definitive shift toward greater urbanization. Some of the population increase in urban areas is in-migration from outside the state. However, net population loss in many of North Carolina’s rural areas has been on the rise for years. Population outflows of this magnitude can bring an array of unique challenges for rural small firms. Chronic rural issues like unfavorable geography, endemic poverty, and poor infrastructure for business can pose serious economic development challenges. According to some scholars, level of rurality or geographical isolation is the primary variable in explaining why economic development outcomes vary across the United States. We assess the literature to determine what role small business development and complimentary strategies have in rural economic growth.
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Zambrano, Patricia, César Falconi, José Falck-Zepeda, and Timothy Sulser. Biofuels and Rural Economic Development in Latin America and the Caribbean. Inter-American Development Bank, 2011. http://dx.doi.org/10.18235/0011189.

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This report analyzes the current state of R&D in agricultural biotechnology in Latin America and the Caribbean in the context of development of the sector. The objectives of this report where first to estimate biofuel production potential based on current land use, productivity patterns and available technologies, examine the determinants of energy and biofuel supply and demand, and finally, develop a forward looking analysis of the long term impact of biofuel expansion in Latin America and its effects on prices, trade, food security, malnutrition and other indicators. The analysis of the current feedstock production possibilities show that most countries in Latin America continue to lag behind in terms of productivity, with a few exceptions. This conclusion leads to the need to further support strengthening the agricultural sector by improving input and output markets and value added chains.
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Hrymalyuk, A., P. Nesenenko, and T. Sukhova. Methodological principles of a systematic approach to economic and theoretical analysis of public management and administration in Ukraine. Odessa National Economic University, 2024. http://dx.doi.org/10.32680/pr.oneu.getep.2024.r1.

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The purpose of the publication is to combine the analysis of the legal form of public administration with the study of its internal economic content, associated with material production relations and objective economic laws inherent in them. The research methodology is based on the delineation of the structure and dynamics of the political and economic system, which is consistently carried out by the Odessa School of Economic Theory. The practical significance of the results of the analysis is associated with the justification of the objective necessity for Ukraine of a state-capitalist model of managed development, in which public administration is aimed at the conscious use of objective economic laws for the development of productive forces. The publication is intended for scientists, teachers, higher education students of all levels of specialization 281 "Public Management and Administration" and 051 "Economics", civil servants, local government officials, practicing economists and all those who are interested in the problems of managing the national economy.
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Micco, Alejandro, Eduardo Levy Yeyati, and Ugo Panizza. Should the Government Be in the Banking Business?: The Role of State-Owned and Development Banks. Inter-American Development Bank, 2004. http://dx.doi.org/10.18235/0010834.

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This paper surveys the theoretical and empirical literature on the role of state-owned banks and also presents some new results and a robustness analysis. The paper shows that state-owned banks located in developing countries have fiscal costs because they are characterized by lower returns than comparable privately owned banks (on the other hand, there is no evidence that state-owned banks located in industrial countries are less profitable than their private counterparts). We then point out that this evidence cannot be used as an argument against the existence of state-owned banks, as this low profitability might stem from state-owned banks activity on projects characterized by low private sector investment and high social return. While we find no evidence that the presence of state-owned banks promotes economic growth or financial development, we also find that the evidence that state-owned banks lead to lower growth and financial development is not as strong as previously thought.
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