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This volume represents a cornucopia of research studies coming out
of an international conference held in Kigali, Rwanda in 2018. The
essays comprise contributions on various microeconomic and
macroeconomic policy angles that are crucial for a less developed
economy to embark on a road to recovery to converge with the
desired trajectory. The topics encompass a broad range of issues
like the role of savings, capital formation, human capital,
innovations, entrepreneurship, profit-shifting by multinational
corporations, small and medium enterprises (SMEs), and firms'
strategies for achieving sustained and balanced growth. The
chapters are organized under three major themes based on the
commonality of areas that they cover: (i) Macroeconomic
Constraints: Monetary Policy, Investments, and Population; (ii)
Firms' Performance, SMEs, and Role of Entrepreneurship; and (iii)
Entrepreneurship and Business Performance: Strategies and Policies.
It has a collection of 12 empirical studies that have an overall
focus on macroeconomic policies such as savings among the rural
poor; sustained investments in and development of capital markets;
role of entrepreneurial sustainability; role of innovations for
firms' performance; healthcare reforms; the benefits of technology,
policy incentives such as tax benefits for promoting growth, and
strategic considerations such as marketing or positioning
strategies; export strategies; and productivity enhancement via
processing and profit sharing. With contributions from 27 authors,
the studies bring forth knowledge about the factors that influence
well-being via better technologies and innovations favoring
productivity, firm performance, and their positive externalities in
the food, nutrition, and health sectors. Given the wide-ranging
coverage of top-down and bottom-up approaches and strategies for
development, the book offers insights for policy interventions
necessary for Rwanda's gradual transition from agriculture to an
industrial transformation via manufacturing and service-led
development without smokestack industries.
Virtual economic transactions have radically transformed the way we
think about trade and markets in closed and open economies.
Continuous decline in costs of information and communications and
setting up of phenomenally large number of virtual platforms have
brought in 'Time' as an essential element in the discourse on
international trade. This work delves deep into the issue of how
Time enters as a major catalyst of international trade and virtual
transactions. This changes the way we look at ideas of comparative
advantage, factor mobility, growth, income distribution, and allied
concepts. A key result is that greater physical distance might
encourage trade contrary to what we are accustomed to accept.
This volume represents a cornucopia of research studies coming out
of an international conference held in Kigali, Rwanda in 2018. The
essays comprise contributions on various microeconomic and
macroeconomic policy angles that are crucial for a less developed
economy to embark on a road to recovery to converge with the
desired trajectory. The topics encompass a broad range of issues
like the role of savings, capital formation, human capital,
innovations, entrepreneurship, profit-shifting by multinational
corporations, small and medium enterprises (SMEs), and firms'
strategies for achieving sustained and balanced growth. The
chapters are organized under three major themes based on the
commonality of areas that they cover: (i) Macroeconomic
Constraints: Monetary Policy, Investments, and Population; (ii)
Firms' Performance, SMEs, and Role of Entrepreneurship; and (iii)
Entrepreneurship and Business Performance: Strategies and Policies.
It has a collection of 12 empirical studies that have an overall
focus on macroeconomic policies such as savings among the rural
poor; sustained investments in and development of capital markets;
role of entrepreneurial sustainability; role of innovations for
firms' performance; healthcare reforms; the benefits of technology,
policy incentives such as tax benefits for promoting growth, and
strategic considerations such as marketing or positioning
strategies; export strategies; and productivity enhancement via
processing and profit sharing. With contributions from 27 authors,
the studies bring forth knowledge about the factors that influence
well-being via better technologies and innovations favoring
productivity, firm performance, and their positive externalities in
the food, nutrition, and health sectors. Given the wide-ranging
coverage of top-down and bottom-up approaches and strategies for
development, the book offers insights for policy interventions
necessary for Rwanda's gradual transition from agriculture to an
industrial transformation via manufacturing and service-led
development without smokestack industries.
With the boons of technological progress spreading every nook and
corner of the globe, Globalisation has been a dominant force for
several decades. Globalisation has winners and losers.
International trade, foreign direct investment, and trans-boundary
flow of goods, services, and capital are few of the many facets
that characterise the process of globalisation. Thus, a volume
addressing such issues is quite essential for readers. This volume
is a collection of thirteen contributed chapters on the current
international trade scenario, its evolution over the years, and its
global impact on developed and developing economies. Most
importantly, it deals with a range of issues related to global
financial crisis and its aftermath affecting global trade and the
players in the international market. As the crisis unfolded, trade
has suffered a setback and we saw a shift in global trade. In
particular, we saw the emergence of developing nations and gradual
erosion of dominance of developed countries. This book covers these
aspects. The valuable contributions by the authors look at these
problems in global macro economy from different angles --
theoretical and empirical -- to offer a cogent view of the current
situation facing us. The chapters offer theoretical viewpoint as
well as applied perspectives on many facets of crisis and trade in
the global economy.
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