Euro-American Association: World Development: 2025

2025/10/23

63. 25th Anniversary of the Euro-American Association of Economic Development Studies, 2001-2025

Page under construction, 23rd October of 2025. It will be updated soon

1. Short History: The Euro-American Association of Economic Development Studies (EAAEDS) was founded in 2001 at the University of Santiago de Compostela (USC) in Spain by Professor Maria-Carmen Gruisan and a group of economists teaching on economic development of Europe, America and the World in the Master on International Sectoral Economics. Many students of the Master came from Latin America and other international areas and soon many of them colaborated in the publications and activities of the Association.

The main activities of the Association for the period 2001-2025 have been the following ones.

2. Publication of academic journal: We have published 4 international jounals related with quantitative studies of Economic Development, with the collaborationf of around 2000 Economics researchers from all over the World. The journals have got high positions at Ideas.Repec by the number of downloads per item, out of more than 4000 journals of the World: Top position 5th for journal IJAEQS, 7th for EEDI, 34th for AEID and 108 for RSES.

3. Publication of 2 Blogs on internacional development, included in EconAcademics of Ideas.Repec, one in Spanish and this one in English.

4. Books. The Association has published several ebooks in the series EE, free downloadable at Ideas.Repec for the years 2021 to 2024. Colaboration of the members of the Association with other publishers related with international development as the following ones:

5. Supporters and colaborators

We are grateful to the members of the Editorial Boards of the journals, referees, authors and the institutions has have been suscribed when the journals were published in printed edition, and to other experts that have contributed to the inclusion of our journals in selected indexes and to reach academic prestigious.

The list of members of the Editorial Board of each journal appears at each journal Website.

We are particularly grateful to 3 Professors of Econometrics that have been of great support to our jounals: Lawrence R. Klein (Nobel Prize of Economics) and the Spanish Professors Antonio Pulido (from the UAM university of Madrid) and Jesus-Bernardo Pena-Trapero (who was Professor of Econometrics and Dean of the Faculties of Economics first of all of the Univesities of Santiago de Compostela (USC) and afterwards of the University of Alcala de Henares (UAH). They appear in these photographs with Maria-Carmen Guisan, Founder President of our Association and Editor of its journals for the period 2001-2024.

Professors Maria-Carmen Guisan, Antonio Pulido and J.B. Pena-Trapero in Valladolid 1994

In the first row, the President of the EAADES, Professor Maria-Carmen Guisan

with Nobel Prize Lawrence R. Klein and his wife Sonia. In the second row founding

members and colaborators of the Euro-American Association, teachers of the universtiy

of Santiago de Compostela (Isidro Frias, Isabel Neira, Maite Cancelo, Xose-Anton

Rodriguez, Mila Vazquez-Rozas, Carmen Lopez-Andion and Ana Iglesias). Year 2004.

We are highly grateful to this 3 Professors: Klein, Pena and Pulido, by his great support

to the initiatives of our Euro-American Association of Economic Development Studies. We hav dedicated several Entries to the memory of each of these wise and lovely economists.

This is a photo of 2024 with some members of the Editorial Board:

4 members of the Euro-American Association of Economic Development Stadies

at the Faculty of Economics of Santiago de Compostela, on September of 2024.

From left to right: Mila Vezquez-Rozas (ex-Dean of the Faculty),Maria-Carmen Guisan

(Honorary Professor), Maite Cancelo (ex-Dean of the Faculty) and Pilar Exposito (Secretary

and Webmaster of the journals incharge of their Web site at the USC and at Ideas.Repec.

Links in Memory of L.R.Klein: At Entry 23.1 of this Blog, we include a Tribute in Memory, of Professor Klein, with information aboutt his life and works, with special reference to his valuable collaboration with Spanish economists.

Links in Memory of J.B. Pena and A. Pulido, are included at our Blog of Spanish economy.

These are several of the prestigious economistas that have contributed as members of Advisory Boards of our jounals. At the journal Websites we include some links more information.

Argentina: B. Kosacoff

Australia: L. Konya, M. Sathye, A. Valadkhani.

Canada: B.M. Arvin,

Estados Unidos: J. Brauer, J. Edwards, G. T. Fullerton, Y. Hsing, G. Karras, L.R. Klein, J. Martínez-Vázquez, I. Miteza,

España: N.Álvarez (UNED), M. Arranz (UDC), J. Caverp (UVA), J. Fernández-Arufe (UVA), E. Iglesias (UDC), L.Navarro (UMA), J.B. Pena (UAH), A. Pulido (UAM) R.M. Regueiro (USC), M.Roig (UV),

Francia: R. Courbis, G. Lassibille)

Grecia: T. Korres, T.. Metaxas

India: V.S. Seshaia

Italia: R. Cappellin

Japón: J.K. Oizumi

México: R.C. Canudas, J.C. Moreno-Brid

Polonia: Z. Matkwoski

Portugal: R. Padrao

Reino Unido: Rodríguez-Pose.

Publications: Many of them free downloadable at Ideas.Repec.

Journals of the period 2001-2024

AEID Applied Econometrics and International Development	RSES/EERS Regional and Sectoral Economic Studies
(English) 2001-2020	(English+Spanish) 2001-2020
https://ideas.repec.org/s/eaa/aeinde.html	https://ideas.repec/s/eaa/eerese.html

Journals published for the period 2001-2010

EEDI Estudios Económicos de Desarrollo Internacional	IJAEQS International Journal of Applied Econometrics and Quantit. Studies
(Spanish with a few in English) 2001-2010	(English) 2004-2009
https://ideas.repec.org/s/eaa/eedein.html	https://ideas.repec.org/s/eaa/ijaeqs.html

The articles of the journals, the books and the International Development Reports of years 2021-2025, are free downloadable at the journals Website. Articles are also available at Ideas.Repec and at Dialnet, and some articles are also included in other bibliographical bases.

6. Acknowledgments: The President of the Association, Profesor Maria-Carmen Guisan, is grateful to all the people that contributed to the achievementes of the Associations. The journals have got a great academic success, and support from readers and economics researchers, in spite of very limited financial support from Spanish and European institutions. The dedication to a hard editorial work has been intense and based on vocation and a lot of voluntary work from the members of the Editorial Board.

We are grateful to the support received from the Advisory Board, with special gratitude to L.R. Klein, J.B. Pena-Trapero, and A.Pulido, for their great supports. We also are grateful to authors, readers, and also to several personas at universities, bibligraphical bases or at Administration) that have shown support to Economics research applied to international development, Their support has compensated many burocratics difficulties and scarcity of resources that our team has found in our work.

We are happy if our publications have contribguted, and/or will contribute, to improve economic policies and increase development and quality of life in many countries and regiones of the World. We have seen, in Entry 23.2 of this Blog, with data of 132 countries of the World, that the percentage of poverty diminish with economic policies that contribute to increase education, manufacturing, investment per capita and real production per capita. We think that economic research applied to development is very useful if politicians try to improve people´s quality of life.

List of all the Entries of this Blog

2025/08/30

62. IDER-25-2. Pensions and Public Spending by function as % of GDP, : France, Germany, Spain, UK, and United States 2021

This international comparison of Public Spending by Function, shows that the sum of Total Public Spending and Retir 2, takes a value close to 50% in Germany, Spain, the United Kingdom and the United States, and a higher value (close to 60%) in France. The lower values of UK and USA in Total Public Spending it is due to that the retirement pensions have two levels (retir.1 (publica) and retir.2 (private). Total Public Spending plus Retir 2 is very similar in 4 of these 5 countries, around 50%, but in France seems to be too high. The cause of the high % of France is not due to Retirement, nor to Education, Health, and Defense but to "other public xpending".

Analyzing Public Spending by Function, as % of GDP, we find:

Education: The percentage of Public Education is around 4.5% in Germany, Spain and the United Kingdom, 5.38% in France and 6.11% in the United States

Health: Around 9.2% in France, UK and USA, around 10% in Germany and 6% in Spain.

Retirement: Retir 1 includes % of Public Spending on Retirement. Ret 2 includes % of Private Spending on Retirement in countries where Private Retirement has an important share in total income from retirement (around 50% in the UK and around 33% in the United States, accordingly to provisional estimations).

Pensions (public and private): The sum of Retir.1 and Retir.2 is close to 12% in France, Germany and Spain, around 15$ in the United Kingdom and around 17% in the United States.

Other Public Services: 12,8% in the USA, 18% in UK, 22% in Germnay, 25% and 30% in France.

The OECD Publication Government Spending at a Glance includes more data, although with very small letter size that are very difficult for reading. We expect to include more information in a next update of this Entry.

A telephon version, of the Website sidebar:

Labels

2025/08/13

61. IDER-25-1. Health Expenditure per capita, public and private: Europe, the United States and other countries, year 2022

The graph shows that for the period 2000-2022 there was an increase of real Public Health Expenditure per capita in Germany and Spain. For the period 2000-2008 there was an increase of the ratio Spain/Germany, followed by a decrease of the ratio for 2008-2013, an stagnation, with small increases, for 2013-2022.

IDER 25-1 is an International Development Report published by the Euro-American Association of Economic Development Studies, on international comparison of Health Expenditure per capita in several countries.

The following table shows a comparison in year 2022, with data of Public, Private and Total Health Expenditure per capita in current Dollars at Purchasing Power Parities. We include also a column of Production per capita, in current Dollars at PPPs, and Total Health Expenditure per capita in current Dollar at Exchange rates.

More information in Entries 56 and of this Blog and in the report IDER 23-4

Entry 56. IDER 23-4. Health Services Resources and Scores:International Report of European Countires, 1996-2019

Economic Development 129 Ider-2023: Development Of 8 Latin American Countries For 1950-2021 And Report On Health Resources In Europe For 1996-2019

by GUISAN, Maria-Carmen

A telephon version, of the Website sidebar:

Labels

2025/01/30

60. IDER 24-4: International Development Report on Financial Indicators in 164 countries in year 2021

This table includes indicators of 22 countries with Population over 67 million people, in comparison with World average. IDER report 24-4 in the article of Volume 24-2 of journal AEID includes a table with data for 164 countries.

PH21 is GDP per capita in Dollars and Purchasing Power Parities in year 2021.

CREDH is credit per capita

BH is bank credit per capita

DH is bank deposita per capita

NPL is the percentage of non performing loans

Pop is Population (thousands)

"The main conclusion of the analysis of causality between development and financial indicators, with the sample of 164 countries in year 2021, where the following ones (as stated in the article by Guisan(2024) in AEID 24-1.

"The analysis of the estimated equation with the international sample of this study in year 2021, presents several empirical evidences:

1) DH: The level of economic development, measured by the real Gross Domestic Product per head (PH) usually has a positive impact on Deposits per head (DH)

2) BH: Economic development usually has an important effect on the supply and demand of Credtis (in most countries mainly Bank credits), and in the diminution of NPL. The increase of PH usually increases DH and diminishes NPL, contributing to increase BH.

3) In this cross-section study of 164 countries around the World for year 2021, and in other studies based on times series, the direction of causality from PH to BH usually is stronger than the impact of BH on PH, although there may be also bilateral causality when BH contributes to sustained increase of Investment and other factos that foster economic development.

International cooperation to development should be addressed to favor investment and diminution of financial risks in countries with low level of investment per capita, as pointed out in Guisan(2024 a) and other studies. Financial support for sustained development may be of great help, both through direct investments, credits of other ones."

A telephon version, of the Website sidebar:

Labels