Development Experience; a Comparative Study of Developing Versus Developed Countries Based on Social Fabric Matrix Approach
رضا
مجیدزاده
author
سعید
غلامی نتاج
author
محمد
باقر نوبخت
author
text
article
2013
per
Based on the social fabric matrix (SFM) approach, this paper examines and compares the development experience of six groups of countries, namely: industrially developed countries, emerging economies in Eastern Asia, developing countries in Western Asia, developing countries in Latin America, transitional economies in Eastern Europe, and African developing countries. Emphasizing the trends of science and technology in these groups, we also review Iranian development experience in comparison to that of the selected countries in order to deduce implications for policy making. According to the findings of this study, the optimum course of development is one which accounts for the benefit of all players. The government's role is a combination of reducing partly the planner's benefit of relying on funds of non-rival rents; as well as increasing partly the benefits of collaboration for the planned parties. Hence, the government needs to posses characteristics adapting to the beneficiaries as well as tools for control. Taking into account the cultural and ethnical context of Iranian economy, the implication would be that a third player, i.e. a local civil player must be assigned in order to improve the basis of cooperation among planners and planned persons.; ;
Economic Strategy
پژوهشکده تحقیقات راهبردی مجمع تشخیص مصلحت نظام
2252-0597
2
v.
5
no.
2013
https://econrahbord.csr.ir/article_103233_bd2acdbe7b53941a921faa7a6a09f884.pdf
The Role of Housing Prices in the Transmission Mechanism of Monetary Policy
اکبر
کمیجانی
author
مجتبی
حائری
author
text
article
2013
per
This paper provides a discussion of the housing market channels of the monetary transmission mechanism. We use quarterly data from 1992-2008(2) to estimate a VAR model. Applying a two-stage approach, we first identify the effects of monetary shocks on housing prices, and then we investigate the relative role of the policy-induced fluctuations in housing prices on private consumption. We find that the housing prices are significantly affected by the monetary policy shocks. Findings show that housing prices enhance the effects of monetary shocks on consumer spending through wealth effects and balance sheet effects of housing price, which dominate its saving effect
Economic Strategy
پژوهشکده تحقیقات راهبردی مجمع تشخیص مصلحت نظام
2252-0597
2
v.
5
no.
2013
https://econrahbord.csr.ir/article_103234_67409ce1314762b44982e8dc8b461931.pdf
An Analysis of the Asymmetry between the Stock Index and the Inflation Rate Using the Hidden Co-Integration Approach: A Case Study in Iran
اسماعیل
نادری
author
پرستو
عبداللهی
author
عباسعلی
ابونوری
author
نادیا
گندلی علیخانی
author
text
article
2013
per
The existing differences in the views about the relationship between stock return and inflation rate result from the diverging opionions of financial economists, and serve as evidences of an asymmetry between these variables. The present study attempts to examine the relationship between the inflation rate and the stock return index in Tehran Stock Exchange using the CECM model based on monthly time series data from April 2004 to September 2011. It is noteworthy that the model used in this study, in addition to analyzing the long-term nonlinear relationships between the variables, has another important capability for modeling asymmetry between different variables, particularly financial ones (based on the analyzed data). The results of this study confirmed the existence of an asymmetric relationship between the mentioned variables; only the negative components (shocks) of the stock index and inflation had a long-term relationship with each other, while the positive shocks were not significantly correlated.; ;
Economic Strategy
پژوهشکده تحقیقات راهبردی مجمع تشخیص مصلحت نظام
2252-0597
2
v.
5
no.
2013
https://econrahbord.csr.ir/article_103235_9af0de9dff71a8be330c53f9a37442a4.pdf
Long-Run and Short- Run Effects of Budget Deficit on Economic Growth in Iran
ابوالقاسم
گلخندان
author
محمد
مولایی
author
text
article
2013
per
Nowadays, achieving high growth rate is seen as a major purpose for any economic system. The budget deficit policy in developing countries is considered as an important element in policy-making, and the effect of this variable on economic growth is particularly important. In this paper the empirical relationship between budget deficit and economic growth of Iran in the period 1980-2011 is analyzed in long and short run applying Johansen and Juselius co-integration method and vector error correction model (VECM). Results suggest that the impact of ratio of budget deficit to GDP on economic growth is negative and significant in the long run, and positive and significant in the short run; but in such a way that the negative effects in long-run are much stronger than the positive effects in short run. The results also show that in long-run, external debt has a negative significant effect on economic growth while public sector investment has a positive significant effect. However, in short run these two variables do not demonstrate any significant effect on economic growth
Economic Strategy
پژوهشکده تحقیقات راهبردی مجمع تشخیص مصلحت نظام
2252-0597
2
v.
5
no.
2013
https://econrahbord.csr.ir/article_103236_a8cdfa41f2973e8369fcfcc7d3b98570.pdf
Comparative Analysis of Mechanisms for Financial Stability and Development in Policies of the Central Bank of Malaysia and the Central Bank of Islamic Republic of Iran
حامد
روشن
author
کیومرث
اشتریان
author
text
article
2013
per
A country’s economic growth is a function of several factors, such as population growth, inflation rate, government expenditures, investment in public and private sector, etc. This paper investigates the policies adopted by the Central Bank of Malaysia and the Central Bank of Islamic Republic of Iran in order to achieve financial stability and development.; Among the most important parameters for financial stability are: Increasing stability and development in bank sector , public training for utilization of fiscal services, training managers and employees of financial institutes, development and support of small and medium sized industries, development of micro-finance, Anti Money-Laundering measures, development of insurance industry, and improving pay systems. In this paper some of these variables in Iran and Malaysia are compared and studied with a qualitative method.; It seems that policies adopted by Malaysia´s BNM for achieving financial stability has a key role in the substantial increase of Malaysia’s per capita income by almost thirty times during the past four decades.;
Economic Strategy
پژوهشکده تحقیقات راهبردی مجمع تشخیص مصلحت نظام
2252-0597
2
v.
5
no.
2013
https://econrahbord.csr.ir/article_103237_7c32c44609745ea156d6317c454e80eb.pdf
Identification and Explanation of Effective Factors on Iran’s Transition to Learning Economy
بهنام
عبدی
author
سید حمید
خداداد حسینی
author
علیمحمد
احمدی
author
علیرضا
حسنزاده
author
text
article
2013
per
By emergence of endogenous growth theory, economists have pointed to the importance of knowledge as the main factor in sustainable growth and, as a result, concepts such as knowledge-based economy have been presented and discussed. However, another approach views transition to learning economy as the infrastructure of knowledge-based economy in developing countries. Because effective factors on transition to learning economy have not been investigated comprehensively, in this article we identify the effective factors on Iran’s transition to learning economy, according to the principles of evolutionary economics and with a science and technology policy approach. This research is exploratory in purpose and has a basic orientation. Research approach is inductive and qualitative and themes have been identifies based on grounded theory. Findings suggest the following items as noticeable in Iran's transition to learning economy: transitional thinking, political institution, collaborative learning, research and education system, macro-economic circumstances, ICT, social capital, institutions, GIU interaction, learning firms and regional development
Economic Strategy
پژوهشکده تحقیقات راهبردی مجمع تشخیص مصلحت نظام
2252-0597
2
v.
5
no.
2013
https://econrahbord.csr.ir/article_103238_8c9af43fa3c6d8e966a1d2cc27394962.pdf
The Effect of Space Technology on Global Economy and Strategic Developments
حسین
نواده توپچی
author
text
article
2013
per
Technology, and particularly space technology, helps countries in their competition for achieving geo-economic advantage, which in turn enables governments to define their influence zone. Space technologies composed of communication, information, reconnaissance and remote sensing, are drivers of economic development. This paper deals with economic impacts of space technology in stabilizing and development of national power. To examine this view, hypothesis of this article is formulated as: “Members of international community, with a rational cost-benefit approach, have locations and areas under their surveillance and using space technology facilitates this. For the analysis, the hypothesis -in the form of three questions- was distributed among sampled statistical community of experts to find its validity and accuracy. The questionnaire was confirmed by the mentioned community.; Type of the survey is fundamental and it employs a descriptive method. Results show that space technology is a driver of strategic changes, especially with economic effects, leading to power projection in geo-political, geo-economical and geo-strategic environments. Hence, examples of positive impacts of space technology on global economy are: welfare development, facilitation of human’s life, facilitating management of human societies and providing solutions and remedies for disasters ;
Economic Strategy
پژوهشکده تحقیقات راهبردی مجمع تشخیص مصلحت نظام
2252-0597
2
v.
5
no.
2013
https://econrahbord.csr.ir/article_103239_96574bd445f77d1323aead91cc22ead8.pdf