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Technological industrial development zones and their economic impact in North Macedonia
Malovčev, Stefan
This thesis provides a thorough examination of the role and effectiveness of Technological Industrial Development Zones (TIDZs) in North Macedonia, with an emphasis on their macroeconomic effects since their creation. It investigates their impact on important economic variables such as FDI, trade openness, employment, and gross fixed capital formation. The study takes a mixed-methods approach, integrating quantitative analysis with qualitative insights gleaned from policy assessments and case studies. This study examines the broader socioeconomic and geographical ramifications of TIDZs in addition to their direct economic effects. It investigates the efficiency of government initiatives in developing these zones and incorporating them into national economic strategies. The findings offer a detailed knowledge of the role of TIDZs in economic transformation and development, as well as policy recommendations for maximising advantages and mitigating problems. This thesis adds to the larger discussion on the strategic use of special economic zones in emerging economies, with specific insights pertinent to North Macedonia.
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Foreign aid and the economy of Guinea
Bayo, Mamadou Sanoussy
The study explores the oversea aids-led economic growth hypothesis; while controlling for trade openness and infrastructure development policies. The data sources for the study come from the world bank annual report and time frame for the study is from 1992 down to 2019. Analysis of Augment dicker fuller test affirmed that the policy variables in time series are non-stationary at level; but stationary at first difference. In addition, analysis of Johannsen cointegration approach affirmed that all the policy variables in times series coexist in the long run or term and Ordinary Least Square is utilized to perform the empirical data analysis. After the empirical analysis, result goes to indicate that the oversea aids have a negative and significant association with the economic growth and the infrastructure development has a negative and insignificant association with the output growth. In addition, the trade openness has a positive and significant association with the productivity growth
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Which Factors Are More Important In Emerging Economies: External or Internal?
Wu, Ziyi ; Semerák, Vilém (advisor) ; Svoboda, Karel (referee) ; Makarova, Svetlana (referee)
Employing Vector Error Correction Model (VECM), this dissertation aims to explore the principal influential factors of economic growth from external and internal perspectives. After extensive analysis and previous research, trade openness is the external factor considered, while financial markets and institutions are the internal ones. Based on the dataset of four typical fast-growing emerging economies-- China, India, South Africa and Russian Federation, this study found that there is a significant long-term equilibrium among GDP growth, trade openness, financial markets and institutions in China, and bidirectional causality can be observed between trade openness and GDP growth. Regarding the remaining economies, there are two sets of long-term relationships among these variables, where internal factors concerning financial development are more crucial in these countries, which also significantly affect the trade volumes in the long run. Results from this research indicate that the dominant growth-enhancing factors are closely related with a country's policy, history, and the most importantly, the focus of its development strategy.
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Trade openness and income inequality in Eastern Europe
Krčma, Matěj ; Němcová, Ingeborg (advisor) ; Klosová, Anna (referee)
The goal of the master thesis titled "Trade openness and income inequality in Eastern Europe" is to analyze the effects on income inequality changes in the population in the period of transformation from centrally planned economies to market economies in the last decade of the twentieth century. The first part of the thesis focuses on the development before the individual countries started to join the European Union. The subsequent liberalization in the early 21st century is evaluated in the second part of the thesis. The multiple regression analysis is used to estimate the effects. The data were provided by the World Bank for the period of from 1989 to 2014. The objective of the thesis is to enlighten the factors which are influencing the changes in income inequality.
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