Matching Items (2)

131370-Thumbnail Image.png

Factors of Economic Development and Implications for the Future

Description

This paper, titled “Factors of Economic Development and Implications for the Future” focuses on identifying historical factors that have impacted economic development and analyzing what changes may be important for the future. It uses studies done across the world in

This paper, titled “Factors of Economic Development and Implications for the Future” focuses on identifying historical factors that have impacted economic development and analyzing what changes may be important for the future. It uses studies done across the world in energy economics, economic development, economic policy, and more to identify important considerations for evaluating historical growth, as well as concerns for the future, particularly given the threat of climate change. Historically important papers, as well as newer insights both feature heavily. This literary review resulted in the finding that education, energy, trade, policy, institutions, endowments, and culture are all important factors for economic development. Endowments and institutions that arise from them are found to be the most important factor in explaining historical development. The paper also analyzes policy that the existing literature suggests could be beneficial for growth. Next, an analysis of factors that the literature identified as important for growth is carried out to assess which countries may have the highest potentials for future growth. The countries are ranked based upon a composite scoring system created from those factors. Countries in Central Asia feature heavily in the top ten entries, while many African countries narrowly miss out on the top ten but still rank relatively high. Together, the findings of both sections are used to discuss how economies have historically developed as well as possible policies to encourage future sustainable development. Both the literature and statistical findings suggest that for future growth promotion of strong institutions that promote property rights and economic growth will be important. They also suggest that coordinated energy policy to increase green technologies and decouple growth from emissions will be essential.

Contributors

Agent

Created

Date Created
2020-05

131258-Thumbnail Image.png

Climate Change and Migration in Papua New Guinea

Description

Climate change is a global phenomenon that is disproportionately impacting people in developing countries. One coping mechanism that has been observed in response to climate change is migration. This paper attempts to understand the role of climate change as a

Climate change is a global phenomenon that is disproportionately impacting people in developing countries. One coping mechanism that has been observed in response to climate change is migration. This paper attempts to understand the role of climate change as a driver of migration in Papua New Guinea, a complex and under-researched country in Oceania. Past research suggests a complicated story, and that migration in response to climate change is not a simple concept. In order add to the existing literature, a variety of individual, household, and community-level variables are analyzed from a survey of households in rural Papua New Guinea. These variables are analyzed in conjunction with self-reported environmental shocks to determine the impact on migration across time. The results suggest that environmental shocks increase the probability of an individual migrating, with various socioeconomic factors acting as push and pull factors.

Contributors

Agent

Created

Date Created
2020-05