Regional Development: Economic Perspective

Author(s):  
inž Kesra Nerm
Author(s):  
Muhammad Najihuddin Nasucha ◽  
Riazuddin Ahmed ◽  
Galad Mohamed Barre

The objective of this paper is to examine the viability of Istisna for project financing, with a special focus on its economic aspects and the risks associated with the said contract. This paper also aims to investigate the challenges faced by Islamic banks in adopting Istisna as a mode of project financing. This paper first provides an overview of Shariah-compliant project financing; it then discusses the characteristics of Istisna and barriers to Istisna implementation for construction and infrastructure project development. Economic and general legal considerations are key factors that influence the development of Istisna as project financing. This paper also seeks to explore ways to increase the use of Istisna.


Author(s):  
Shiv Sankar Das ◽  
Swagat Ranjan Behera ◽  
Debashree Debadatta Behera ◽  
Sanjib Patnaik

Ending poverty and ensuring sustainability are the defining challenges of the recent times. Clean energy has the answer to both [1]. Clean energy plays a significant role in human development, economic and regional development. Clean energy is that which do not produce any negative externalities. Some of the clean energy includes energy generated from sun, wind, hydro, hydel, etc. This paper discusses on the prevailing market situation and demand prospects of clean energy products (here solar operated lights) in the region of South Odisha. An empirical study was carried out through structured questionnaire to understand the perception of the respondents towards adoption of solar operated lights for their use.


2019 ◽  
Vol 29 (2) ◽  
pp. 264-280
Author(s):  
Eli Fernando Toledo

As cooperativas são entidades que visam, através da convergência de interesses, oferecer qualidade para a produção dos cooperados, esses agrupamentos socioeconômicos detêm vigorosos laços com os territórios que os acolhem. A cafeicultura e toda a cadeia produtiva que a envolve possui relevância histórica, econômica e geográfica para o Brasil e para o estado de Minas Gerais, o qual é o maior produtor nacional. Mais especificamente para o Sul de Minas, o café e seus aparelhos produtivos são relevantes pilares para o Desenvolvimento Local e Regional.   O presente trabalho objetiva averiguar quais são as cooperativas de café presentes na mesorregião Sul e Sudoeste de Minas e compreender os múltiplos vínculos que fazem das cooperativas instrumentos tão imprescindíveis para a geografia econômica do recorte espacial pesquisado. Essa investigação faz parte do programa “Cafeicultura como projeto socioeconômico para o Desenvolvimento Regional” amparado pelo Observatório do Mundo do Trabalho do IFSULDEMINAS. Palavras-chave: Cooperativas de Café, Sul de Minas, Desenvolvimento Local/Regional, Geografia Econômica.AbstractThe cooperatives are entities that aim, through the convergence of interests, to offer quality for the production of the cooperative, these socioeconomic groups have strong ties with the territories that host them. The coffee industry and the entire production chain that surrounds it has historical, economic and geographical relevance for Brazil and for the state of Minas Gerais, which is the largest national producer. More specifically for the South of Minas, coffee and its productive apparatus are essential pillars for local and Regional Development. The present work purpose of finding out which coffee cooperatives are present in the South and Southwest mesoregion of Minas Gerais and to understand the multiple bonds that make the cooperative instruments so essential for the economic geography of the researched space. This research is part of the program "Coffee as a socioeconomic project for Regional Development" supported by the Observatório do Mundo do Trabalho of IFSULDEMINAS.Keywords: Coffee Cooperatives, South of Minas, Local/Regional Development, Economic Geography.


2020 ◽  
Vol 3 (4) ◽  
pp. 257-267
Author(s):  
Thantawi Thantawi ◽  
Muhammad Isya ◽  
Sugiarto Sugiarto

Pidie District has a district road length of 1,015 Km and is divided into 445 roads. The lack of funds makes it difficult to determine the priority of handling the road, it is necessary to examine the method of setting road priority in accordance with the needs of the community. The purpose of this study was to obtain criteria weights based on perceptions of importance between criteria using 15 stakeholder respondents and to determine the priority order of handling road infrastructure in Pidie District due to limited funding capacity in Pidie District Government using the Multi Criteria Analysis (AMK) method accessibility, regional development, economic sector development, cost aspects, environmental impact and road damage as the selection criteria. The results of this study are that road damage criteria get the highest weight, which is 0.197, then environmental impact criteria 0.190, economic development criteria 0.184, accessibility criteria for accessibility 0.152, regional development criteria 0.147 and cost aspect criteria 0.130. This can be interpreted that the aspect of road damage is a major consideration in determining the priority of road development in Pidie District but not significant to other criteria. Based on the weighting and scoring of these criteria, a sequence of priorities for road handling in Pidie District is obtained, where Jalan Bangkeh - Leupu is the first priority with a performance value of 4.152


2021 ◽  
Vol 16 (2) ◽  
pp. 98-106
Author(s):  
A. B. Turysbekova ◽  
A. K. Omurzakova

The peculiarities of the regional development of Kazakhstan, the variety of production, the initial level of resources in different regions, various reforms of the market economy have led to the uneven development of the regions of Kazakhstan. A region or regional economy is a subsystem of the “national economy” macrosystem. And the national economy is the internal system of the global world economy. Regional development is development based on three characteristics and qualities: interrelated stability, proportionality and social orientation. Basically, the effective development of an individual region means the use of certain factors and potentials through the creation of value in a market economy. However, it is not possible to have a common development strategy for the whole regions. Because each region has its own conditions of development, economic and social potential. Therefore, these factors should be taken into account in the development of the regional economy. The main task of the regional policy of Kazakhstan is to increase the competitiveness of the region in a market economy, employment and living standards of the population of the region through the full use of its production and resource potential. The purpose of this article is to identify trends in the socio-economic development of the regions of Kazakhstan. The article defines the concepts of “region”, “regional development” as a system and gives their main characteristics. Trends in the socio-economic development of the regions of Kazakhstan were determined by grouping the regions of Kazakhstan on the basis of socio-economic indicators and analysis of statistical data and facts. In conclusion, it was noted that the socio-economic development of the regions of Kazakhstan is at a high level. Today, the socio-economic development of the regions of Kazakhstan is much higher than in previous years. This means that the development of certain regions means an increase in the quality of life, employment, economic growth of the country.


2018 ◽  
Vol 15 (4) ◽  
pp. 283-295
Author(s):  
Bogdan Derevyanko ◽  
Liudmyla Nikolenko ◽  
Irina Syrmamiik ◽  
Yevgen Mykytenko ◽  
Iosif Gasparevich

In the article, the indicators of financial and economic security of Donetsk region are analyzed. The task of setting statistical estimation of financial and economic security of the region in modern conditions is based on the official materials of the State Statistics Service. For the possibility of further econometric modeling and forecasting, only quantitative indicators are used. This approach limits the number of evaluated indicators, but is considered the most objective. The analysis of financial and economic security is carried out in the context of two spheres of regional development: economic and social. The conducted analysis of the dynamics of the main socio-economic indicators of development of the Donetsk region for the period 2012–2016 allowed to identify the main trends characterizing the development of the region’s economy; provide an assessment of the financial and economic security of the region and identify some “problematic” places of financial and economic security in Donetsk region. Some of the most acute problems were identified in the assessment of financial and economic security and the features of state-legal provision of financial and economic security in the present conditions, as well as the proposed algorithm for monitoring the financial and economic security of the region. The analysis allowed to identify some “bottlenecks” of financial and economic security in the Donetsk region and to demonstrate that close attention and monitoring are required by the level of capital investments, the level of unemployment and the share of households with incomes per month below the legal living wage. The study enables to minimize the risks to form effective directions in assessing the financial and economic security of the region and proposes to optimize on a legal basis the whole mechanism for ensuring the financial and economic security of the region. As a result, the research revealed the most acute problems in assessing the financial and economic security of the region and proposed an appropriate algorithm for monitoring its level.


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