International Challange On Economic Idea
Registration and Submission : 1 - 30 sep 2014
FSDE (Forum Studi dan Diskusi Ekonomi) 2014 invites submission for our 2014 International Challenge on Economic Ideas (ICEI) for undergraduate students who are still enlisted as student throughout the competition. ICEI’s main purposes are to gain and promote new ideas in areas covered by the theme. In accordance to FSDE 2014 theme, ‘Securing the Future of Emerging Economies’, the ICEI 2014 will focus on the subtheme “Enhancing Competitiveness of Emerging Economies Through Highly Efficient Institution”.
About Emerging Countries and Their Competitiveness
Although emerging countries’ economic growth has been showing stunning performance with relatively high level of growth (compared to their developed countries counterparts), there are questions whether this growth will be sustainable. One of the main problems is institution-related. Institution’s utmost role is to reduce transaction cost (all costs related to searching and bureaucracy process). Efficient institutions can reduce transaction cost to the rate of stimulating the economic activities and productivity.
Considering its important role, institutions in emerging economies are considered to have these problems: ineffective and rigid bureaucracies, lack of transparency, lack of reliable information provision, high-rate of corruption and bribery, and so on. Those obstacles trap down emerging countries’ pursuit of sustainable and high-quality economic growth.
Thus, this essay competition is hoped to answer these lingering questions :
· What is going on with institutions in emerging countries?
· How should the institutions in emerging countries be?
· What can be done to realize that?
Awards and Publication
The winner will be announced in our website at November 2014 and through direct e-mail notice to each winner. Winning essays will be available for download at FSDE’s website subsequently.
The winner will be granted:
- 1st will get fresh money USD 1000, certificate, and ICEI essays compilation book.
- 2ndwill get fresh money USD 700, certificate, and ICEI essays compilation book.
- 3rd will get fresh money USD 500, certificate, and ICEI essays compilation book.
Link Download Guideline : http://fsde-himiespa.com/wp/international-competition-on-economic-ideas/icei-guidelines/
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