A considerable number of developing countries are still trapped in a vicious cycle of poverty and stagnation, despite being endowed with significant stocks of natural resources. Research has highlighted how natural resource abundance is often linked to slower growth rates and actually seems to increase the likelihood that resourcedependent countries will experience negative economic, political ...

As an industrial economic organization with specific characteristics, industrial cluster is emerging with strong dynamism in global competition and driving the development of regional economy. However, industrial cluster can bring some negative impact on regional economy development. This paper tries to illustrate the reasons for the stagnation and degradation of resource-based regional industr...

This article discusses the stagnation of an evolutionary optimization algorithm called Differential Evolution. Stagnation problem refers to a situation in which the optimum seeking process stagnates before finding a globally optimal solution. Typically, stagnation occurs virtually without any obvious reason. The stagnation differs from the premature convergence so that the population remains di...

The tax system has a pervasive impact on poverty, both directly through its role in the distribution of society’s resources and indirectly through its effects on the incentives for economic decisions like working and saving. The two most important facets of the tax system for low-income families are payroll taxes and the Earned Income Tax Credit (EITC), the former of which levies a tax on earne...

This paper interprets economic growth as a sequence of transitions between four growth regimes: crisis, stagnation, stable growth, and miracle growth. Countries experience distinct patterns of growth because they switch between the growth regimes with different frequencies. The aim of this paper is to identify countries with similar growth dynamics in order to determine the driving forces behin...

We conducted an empirical analysis of the dynamic relationship between growth and profitability for smalland medium-sized construction companies that faced long-term economic stagnation in Korea. The period of the analysis spanned 2000 to 2014, and the full period was divided into two halves: before the 2008 global financial crisis and after it. Our empirical model was based on the system gener...

An aerobic Lactobacillus plantarum culture displayed growth stagnation during early growth. Transcriptome analysis revealed that resumption of growth after stagnation correlated with activation of CO(2)-producing pathways, suggesting that a limiting CO(2) concentration induced the stagnation. Analogously, increasing the CO(2) gas partial pressure during aerobic fermentation prevented the tempor...