The paper uses a dual-currency search theoretic approach to demonstrate that it is possible to induce the acceptance of a local currency in a dollarized economy. In the model, we assume that a foreign currency is in full circulation and the government policy tool is the convertibility of the local currency to the foreign currency. We show that the economy can achieve equilibria where two monies...

This dissertation examines the connection between local government policy and changes in absolute rural poverty. Understanding this insufficiently studied relationship will help us to clarify theoretical questions on the role of the state, market and other factors in reducing poverty, as well as to identify effective policy responses to poverty. Absolute rural poverty varies throughout China, a...

This study provides a comprehensive scientific analysis of contemporary problems resulted from the forced migration of the Ukrainian population and its impact on the sustainable development of 47 host communities of Poltava region. By means of cluster analysis 4 clusters of 26 rural territories were identified. They differ in the size of local budgets and the involvement level of forcedly displ...

With an increase in the electrification of end-use sectors, various resources on demand side provide great flexibility potential for system operation, which also leads to problems such as strong randomness power consumption behavior, low utilization rate flexible resources, and difficulties cost recovery. core idea “access over ownership”, concept sharing economy has gained substantial populari...

The street garment vendors are playing a significant role in the fields of the economic development through protecting resources (garment products) from such a position where they are treated as wastes; very much less valued products and creating the opportunity for self-employment. This study aimed at showing the economic contribution and the impact of the street vendors to the local community...

This paper examines the recent growth of the opium economy in North Eastern Afghanistan. A detailed analysis of one village in Badakshan Province reveals profound changes in the local economy and social institutions. The paper describes two major shifts in the local economy (1) the switch from wheat to poppy cultivation (2) the shift from the livestock trade to the opium trade. It then examines...