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

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  • 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
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    References listed on IDEAS

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    1. 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.
    2. 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).
    3. World Bank, 2014. "World Development Indicators 2014," World Bank Publications - Books, The World Bank Group, number 18237.
    4. 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.
    5. 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.
    6. 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).
    Full references (including those not matched with items on IDEAS)

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    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

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    Cited by:

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    2. 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.
    3. 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.
    4. 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.
    5. 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.
    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. 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.
    8. 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.
    9. 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.
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    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

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