International Journal of Academic Research in Management

7

Authors: William R. DiPietro

Brain drain is a big issue for a lot of countries. Understanding the underlying causes of brain drain is the first step in trying to bring brain drain under control. The purpose of the paper is to use cross country regression analysis to empirically look at some of the factors that may determine brain drain. It finds that higher income per capita, greater country peace, enhanced work force educational quality, and better property rights are associated with reduced country brain drain.

13

Authors: Lei Wang

This paper talks about the connotation of port industry ecological trend, analyzing and exploring port industry ecological trend development from five aspects, such as enterprise, supply chain, cluster, landsea and area, and it aims to explore the internal mechanism and development mode of port industry ecological trend. Some correlative strategy of port industry ecological trend development is mentioned and the theoretical framework of port industry ecological trend development is structured in this paper.

19

Authors: Antonio E. Morales-Pita

This paper analyzes the theoretical relationship between the trinomial and the monetary union membership in the context of the Eurozone financial crisis. Since the last four years the sustainability of the Eurozone is intensely discussed in international political economy (IPE) by scholars and non-academic journalists, especially in relation to the effectiveness of austerity to solve the crisis. The author argues that the main cause of the crisis is not the profligacy of some states, but the lack of competitiveness inherent to the necessary implementation of internal devaluation leading to current account (CA) and capital account (KA) imbalances, increasing borrowing from weaker countries, thereby affecting their public budgets, growth and social justice. The conclusion summarizes that the Eurozone sooner or later should collapse due to economic, financial, social and political crises.

25

Authors: Hatthachan Phimphanthavong

This study attempts to determine the importance of sustainable development and aims to propose some indicators and tools that would be used to facilitate a transition towards sustainability. It is assumed that sustainable development is a function of three factors, economic growth, social development and environmental conditions. The results are then combined with certain principles of sustainability, to develop a roadmap for sustainable development in Laos. Annual time series data is used for the period 1990-2010. In order to generate the most appropriate equation for analysis, relevant theoretical and studies are reviewed. This study proves that sustainable development is a fair combination of the three main factors of development, economic growth, social development, and environmental protection, under the condition that economic growth is distributed to all the population, through poverty reduction, minimizing inequality in society, and maintaining a good condition of the environment and natural resources. It is about achieving the economic growth needed to meet human needs, improve living standards, and provide the financial resources that make environmental protection possible.