Dag Hammarskjöld Seminar on the Development and Promotion of Tourism in Africa

1970 ◽  
Vol 8 (2) ◽  
pp. 296-297 ◽  
Author(s):  
Christer Montén ◽  
Vijislav Popovic
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Structural Change ◽  
Foreign Exchange ◽  
Decisive Role ◽  
Agricultural Products ◽  
African Countries ◽  
Dag Hammarskjold

Faced with declining earnings from the export of agricultural products, with rising population, and with an urgent need for accelerated economic growth and structural change, many African countries are today searching for new channels through which they can supplement their foreign-exchange earnings. One source of rapidly growing importance is tourism, which already plays a decisive role in the economic development of some countries.

scholarly journals Adaptation of Globalization and Their Effect to the Tanzania Economic Growth

2018 ◽  
Vol 13 (8) ◽  
pp. 217
Author(s):  
Japhet Jacksoni Katanga ◽  
Seleman Pharles
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
International Cooperation ◽  
Developing Economies ◽  
Economic Inequality ◽  
Developed Countries ◽  
Advance Technology ◽  
African Countries ◽  
The Social

Globalization can be defined as the process based on international cooperation strategies, the aims of globalization is to expanded the operation of a certain business or service to become into a worldwide level, Globalization facilitate the modern advance technology which help community to undergo the social, political and economic development. Globalization economic has reinforced the margination for African developing economies and make to be dependent for the few primary commodities or service whereby the price and demand are extreme determine by externally. On this outcome it lead some of the African countries to be turn into poverty or economic inequality due let their own resources being determine by developed countries. On these paper you will get a chance to oversee the effect of adaption globalization to Tanzania economic growth.

scholarly journals Research on strategic emerging industries boosting high quality economic

2021 ◽  
Vol 235 ◽  
pp. 02011
Author(s):  
He Jiang ◽  
Yonghui Cao
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Industrial Structure ◽  
Decisive Role ◽  
High Quality ◽  
Emerging Industries ◽  
National Economic ◽  
Countermeasures And Suggestions ◽  
Sustainable Economic Growth

With the development of knowledge economy and the advancement of economic globalization, strategic emerging industries have become the leading industries for a country or region to achieve sustainable economic growth in the future. They are the high integration of emerging technologies and emerging industries, and the driving force of national economic growth. They play an important guiding and decisive role in the national economic growth and the transformation and upgrading of industrial structure. In recent years, China’s strategic emerging industries continue to grow rapidly, and have made remarkable achievements in innovation and development, which play an important role in the national economic growth and the transformation and upgrading of industrial structure, but there are also shortcomings. Based on the current situation of the development of strategic emerging industries, this paper analyzes the role of strategic emerging industries in economic development, and puts forward countermeasures and suggestions for strategic emerging industries to boost high-quality economic development.

scholarly journals Integrating Culture in Africa’s Economic Development

2017 ◽  
Vol 8 (2) ◽  
pp. 611-616
Author(s):  
Remmy Shiundu Barasa
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Qualitative Study ◽  
African Countries ◽  
Post Colonial

The importance of culture as panacea of development can fully be appreciated by considering its role in regenerating world economies. In the last few decades, interest by nations in culture as an economic force of its own has been manifested in their development blueprints. In this paper we argue that although there is evidence from early civilizations and economic manifestos of African countries that culture drives economic growth, there is a dearth of explicit literature on how this happens. This is a library-based qualitative study in which we argue that culture fosters economic growth. The study draws on post-structuralism, modernism and post-colonial approaches to find that institutions and practices reveal particular cultural pretensions, ethics and meanings; and gives recommendations on integrating culture with economic growth on the continent.

scholarly journals THE MOTIVATIONAL EFFECT OF OIL EXPLORATION IN SOMALI AND THE HABITUAL AFRICAN RESOURCE CURSE

2020 ◽  
Vol 5 (1) ◽  
pp. 1
Author(s):  
Mahad Mohamed Sheik
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Natural Resources ◽  
Industrial Development ◽  
Resource Curse ◽  
Empirical Literature ◽  
Regulatory Body ◽  
Oil Exploration ◽  
African Countries ◽  
Motivational Effect

Purpose: The abundance of natural resources is usually considered the blessing for the countries that own such resources. However, such wealth is often associated with poverty and a slower economic growth. This phenomenon is called the resource curse, and it shows that most countries that are rich in natural resources have markedly reduced economic growth and development, and it shows that the wealth of natural resources adversely affects their economies, although it is intuitively expected to be the opposite i.e. that such wealth would have a positive impact on the country’s economic development. The general objective of the study was to find out the motivational effect of oil exploration in Somali and the habitual African resource curse. Methodology: The paper used a desk study review methodology where relevant empirical literature was reviewed to identify main themes and to extract knowledge gaps. Findings: The study found out that Oil resource exploration has led to progress in some developed economies such as Canada which was able to avoid the resource curse. This is because oil revenues helped Canada among other countries make investments in capital, build employment and grow. Other countries such as Russia and Japan have not been able to avoid the resource curse. African countries in general where the majority of oil producing nations are, have an inverse correlation between oil production and industrial development. Examples of African countries that have been affected by the resource curse are Nigeria, Angola, South Africa and Zimbabwe. Empirical results indicate that, Somalia motivation for oil exploration is for economic development. However, it has not been spared the resource curse because the presence of oil has led to civil wars and terrorisms as groups seek to control the areas with oil fields. In addition, Somali and Kenya have involved diplomatic warfare over oil reserves that are located in the Indian Ocean near their borders. Recommendations: The study recommends that the government should enact laws which will govern petroleum operations, as well as empowering the Somali Petroleum Authority,(SPA) which will act as a regulatory body overseeing oil and gas activity.

scholarly journals AN ANALYSIS OF THE IMPACT OF CHINA'S REGIONAL AGRICULTURAL EXPORT TRADE ON ECONOMIC GROWTH

2019 ◽  
pp. 23-32
Author(s):  
FENGHE ZHANG ◽  
VIKTORIIA MEDVID
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
International Trade ◽  
Correlation Analysis ◽  
Market Competition ◽  
Agricultural Science ◽  
Agricultural Products ◽  
Export Trade ◽  
Agricultural Export ◽  
The Impact

Since the reform and opening up, especially since its accession to the WTO, China has become an important agricultural trade country in the world. As China's agriculture and the entire national economy share the benefits of global economic integration, they must also meet the impact of fierce market competition, price fluctuations and industrial restructuring caused by this. This study puts the export trade of agricultural products into the national economic growth system and explores the impact and contribution of agricultural export trade to China's economic growth. Based on the theory of international trade in agricultural products and economic growth, the paper analyzes the analysis framework of the impact of international trade in agricultural products on China's regional economic growth. First, based on the realistic understanding of the development of China's agricultural export trade, comprehensive and systematic analysis of the characteristics of China's agricultural export trade development to determine the future trend of it. Secondly, the correlation analysis of SPSS software is used to verify the impact of agricultural export trade on economic growth. Third, based on the test and analysis of the research results, systematically evaluate the contribution of agricultural export trade to China's economic growth. Studies have shown that the increase in agricultural export trade has made great contributions to China's economic development and has become increasingly prominent in economic development. This paper uses the economic data from 2010 to 2017. According to China's 31 administrative divisions and the three economic divisions of the eastern, central and western regions, the technical methods such as absolute value increment analysis and correlation analysis are used to explain the promotion of regional agricultural products to economic development. To this end, China needs to increase investment in agricultural science and technology, promote the development of agricultural industrialization, improve the circulation of agricultural products, reduce the transaction costs of agricultural products, improve the efficiency of international trade in agricultural products, and continuously improve the comprehensive production capacity and international competitiveness of Chinese agricultural products. Keywords: China, regional agricultural products, exports, economic growth, correlation analysis, impact.

scholarly journals Socio economic impact, coastal land use pattern and livelihood status of Shyamnagar upazila, Satkhira, Bangladesh

2020 ◽  
Vol 4 (2) ◽  
pp. 31-40
Author(s):  
Abdullah Al Mamun Siddiqui ◽  
Md Abul Kashem ◽  
Md Atiqul Islam Mondal ◽  
Md Masum Billah ◽  
Shariful Islam ◽  
...  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Agricultural Sector ◽  
Economic Condition ◽  
Economic Benefits ◽  
Economic Transformation ◽  
Tourism Industry ◽  
Agricultural Products ◽  
Development Effort ◽  
Socio Economic Development

Shyamnangar upazila one of the potential developing upazila of Satkhira district. Addressing social aspects is very important for any sorts of development effort. The best possible use of land resources; therefore, the socio-economic aspects of Shyamnangar upazila have to be addressed to gain optimum economic benefits from agriculture, forestry, fisheries, tourism and industrial sector. The socio-economic transformation of this upazila significantly depends on the performance of the agricultural sector. Besides agriculture, fisheries, tourism, industry, weaving and livestock farming are also playing vital roles in the socio-economic development of this upazila. Although this upazila has not yet been experienced in planned industrialization but, there are some small and medium industries which are contributing largely to the socio-economic development. Over the last 10 years, the socio-economic condition of the upazila is gradually rising. The growing of small & medium industries, business associated with agricultural products are the key element of socio-economic growth of Shyamnagar. Over the last 10 years, the socio-economic condition of the upazila is gradually rising. The growing of small & medium industries, business associated with agricultural products are the key element of socio-economic growth of Shyamnagar. Asian Australas. J. Food Saf. Secur. 2020, 4 (2), 31-40

The Role and Importance of Tourism Sector in Economy of Kyrgyzstan

2018 ◽  
Author(s):  
Tolkun Zhumakunova
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Foreign Exchange ◽  
World Economy ◽  
Tourism Industry ◽  
Balance Of Payments ◽  
Underdeveloped Countries ◽  
Tourism Sector ◽  
The World ◽  
Economic Developments

Since the second half of the 20th century tourism has become one of the fast developing and expanding sectors in the world economy. The tourism sector plays an important role in alleviating issues related with the balance of payments, reducing unemployment, creating tax incomes and contributing to economic developments by providing a large foreign exchange inflow to the country, therefore, we can say that this sector has larger impact on economic growth than other sectors. As it is in developing and underdeveloped countries, in Kyrgyzstan the tourism industry is one of the most important sectors in the economy. The tourism sector in Kyrgyzstan plays an important role in in economic development by reducing the level of unemployment and generating the income by providing mass foreign exchange inflow to the country. In this context the aim of this paper is to analyze the role and importance of tourism in Kyrgyzstan’s economy by using methods of statistical analysis. The results show that the total number of tourists coming to Kyrgyzstan, thus the tourism revenues increased. In other words, when tourism revenues increase, this fosters economic development, by receiving a larger share of tourism revenues. In this study, the literature review method was used.

Human Capital Formation and Economic Growth in Sub-Saharan African Countries: An Empirical Investigation

2020 ◽  
Vol 68 (2) ◽  
pp. 249-268
Author(s):  
Taiwo Akinlo ◽  
Olusola Joel Oyeleke
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Economic Development ◽  
Sub Saharan Africa ◽  
African Countries ◽  
Education And Health ◽  
Level Of Economic Development ◽  
Sub Saharan ◽  
Generalised Method Of Moments ◽  
The Impact

This study explored human capital–economic growth nexus and determine if the relationship is influenced by the level of economic development in 36 sub-Saharan African countries during the period from 1986–2018. The study used dynamic generalised method of moments (GMM) and static estimations to achieve the objective of the study. The study used alternative indicators of human capital to provide strong evidence and robust results. The study also considered the income groups within the region. The study found that human capital contributed to economic growth, as its indicators are positive and significant. The study also found that the connection that exists between human capital and economic growth also depends on the level of economic development. Generally, our finding emphasised that both education and health measures of human capital are important, and that policymakers must consider the level of economic development while formulating policies that can enhance the impact of human capital on economic growth in the Sub-Saharan Africa region.

scholarly journals Rethinking Asian Drama

2019 ◽  
pp. 3-28
Author(s):  
Deepak Nayyar
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Structural Change ◽  
Well Being ◽  
Future Prospects ◽  
Economic Openness ◽  
Road Map ◽  
Gunnar Myrdal ◽  
Critical Issues

Gunnar Myrdal published Asian Drama in 1968, which made important analytical contributions to our understanding of development but was deeply pessimistic about Asia’s future prospects. Since then, contrary to Myrdal’s expectations, Asia’s development has been remarkable, although transformations have been uneven across countries and unequal between people. This introductory chapter explains the conception and design of the study, which seeks to analyse the amazing story of economic development in Asia. It begins with reflections on Gunnar Myrdal, the author, and rethinking about Asian Drama, the book, in retrospect fifty years later. It then discusses some critical issues and lessons that emerge—diversity in development, history and context, economic growth and structural change, well-being of people, markets and governments, economic openness, and institutions and policies—to serve as a teaser. To conclude, it provides a brief narrative on the contents and scope of the book, meant as a road map for readers.

The Technological Basis of Egalitarian Economic Growth

2020 ◽  
Vol 6 (3) ◽  
pp. 368-393
Author(s):  
Samuel Cohn ◽  
Michael Upchurch
Keyword(s):  
Economic Growth ◽  
Nineteenth Century ◽  
Economic Development ◽  
Social Inequality ◽  
High Technology ◽  
Agricultural Products ◽  
Detailed Consideration ◽  
Technological Basis ◽  
Global North ◽  
Monopoly Rents

This paper offers an alternative to the view that high technology promotes development and low technology inhibits development. We differentiate between monopoly technology and accessible technology. Monopoly technology produces growth by producing monopoly rents. As a byproduct, it also produces substantial inequality, both within nations and globally. Accessible technology produces growth without monopoly simply by increasing the volume of production in a lucrative business. We illustrate this first with a consideration of successful agrarian-based development in the global North that was based on agricultural products that were not particularly monopolized. We then move to a detailed consideration of fishing in nineteenth-century Norway. Norway’s economic development depended on proceeds from fishing exports. Norwegian fishing had a distinctive technology that made it particularly low-tech and egalitarian. It produced substantial wealth for the nation while producing very little social inequality.

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