The Changing Role of the State in High-Tech Industrial Development: The Experience of Hong Kong

1994 ◽  
Vol 12 (4) ◽  
pp. 449-472 ◽  
Author(s):  
A G-O Yeh ◽  
M K Ng

This paper is an examination of the role of the Hong Kong government vis-à-vis governments in Japan and other Asian newly industrialized economies (NIEs) in high-tech industrial development. It is argued that, whereas governments of Japan and other Asian NIEs have played very important roles in facilitating industrial restructuring, the Hong Kong government has so far refrained from direct participation in industrial development. Although the Hong Kong government has assumed an important position in the course of economic development in the territory, especially in terms of land-related economic activities, it has little vested interest and experience in directing industrial developments. It was not until the 1990s that the government switched from a ‘positive nonintervention’ to a ‘minimum intervention with maximum support’ industrial policy and began to play a more active role in facilitating industrial upgrading. The effectiveness of the changing industrial policy and the prospects for high-tech development in the territory are reviewed by examining the challenges and opportunities faced by the Hong Kong government in facilitating high-tech industrial development.

Slavic Review ◽  
1984 ◽  
Vol 43 (4) ◽  
pp. 604-623 ◽  
Author(s):  
John P. McKay

The leading role of the state in nineteenth-century Russian industrialization is one of the most widely accepted notions in economic history. Thus state-sponsored industrialization, deeply rooted in the strength of the despotic state and the subservience of an undifferentiated peasantry and an insignificant middle class, began in earnest in the era of the Great Reforms, after the Crimean War had shocked the government out of its economic lethargy under Nicholas I and Finance Minister Kankrin. It continued unevenly thereafter until it crested in the burst of state-led growth in the 1890s. The “statist interpretation” of prerevolutionary Russian industrial development has been most notably expounded by Alexander Gerschenkron in a series of influential essays and by Theodore Von Laue in his biography of Sergei Witte. It thoroughly dominates non-Soviet scholarship and serves as the point of departure for almost all general investigations.


Author(s):  
V. Baynev ◽  
Bin Zhang

The article is devoted to a comprehensive analysis of Chinese industrial policy, which for many decades has been the main strategic priority of China. In the context of the progress of its industrial-industrial complex, the stages of development of the Chinese economy are highlighted and characterized. The active role of the state and the corresponding organizational and economic mechanism in the implementation of the new (digital) industrialization of the Chinese economy is investigated.


Author(s):  
Manisha Verma

PPPs are based on the implicit premise that the market stands for better efficiencies than the government and partnership with the private sector will provide access to its more efficient technical and managerial resources in addition to its capital. They have also been claimed to cut down on time and cost over-runs. This chapter, which provides findings from PPPs in highways from India, reveals that PPPs have multiple problems in their implementation. What is significant is that the public partners are responsible for many of these problems, although the private developers have also contributed through their manipulation of contractual obligations, land grabbing, and under-reporting of traffic to make illegitimate profits. A more active role of the state in the governance of PPPs, so as to make them more effective modes of delivery of services, is suggested. The chapter also recommends introspection on the philosophy of “single-size-fits-all” solution to address the infrastructure ills within any country.


2019 ◽  
Vol 4 (1) ◽  
pp. 83
Author(s):  
Syamsuri Syamsuri ◽  
Dadang Irsyamuddin

The discourse about the Welfare State is interesting. This article aims to conduct in-depth analysis related to the concept of the welfare state and its relation to maqasid sharia according to Jamaluddin Athiyyah. The method used in this study is qualitative with a literature approach, namely conducting a study of the literature surrounding the welfare state and the Maqasid sharia. The conclusion of this study is that Athiyyah provides an overview of the division of tasks of the government in ensuring the welfare of its people into four dimensions, namely: individuals, families, society and humanity. Furthermore it was stated that the three basic principles of maqasid sharia to create prosperity would not be fulfilled but rather with the active role of the State.


2021 ◽  
Vol 886 (1) ◽  
pp. 012069
Author(s):  
Rico ◽  
R Darma ◽  
D Salman ◽  
Mahyuddin

Abstract Arabica coffee is one of the plantation commodities that has an important role in Indonesia’s economic activities. Arabica coffee as one of the leading export commodities that contributes to the country’s foreign exchange. However, in reality the rate of growth in the value and volume of imports is greater than the growth of exports. This study aims to identify the problems of traditional Arabica coffee farmers in Indonesia. The results of a journal review show that some of the problems of smallholder farmers in Indonesia are low productivity, low farmer skills and knowledge, inadequate land use and climate, inadequate transportation facilities and infrastructure, coffee farming capital, market uncertainty and unstable selling prices, so that a strategy is needed to reduce and overcome these problems in order to improve the welfare of coffee farmers. The active role of the government is expected to be able to issue consistent policies to increase the competitiveness of Arabica coffee.


Forum ◽  
2019 ◽  
Vol 1 (1-2) ◽  
pp. 67-85
Author(s):  
Nenad Dugalic

The process of economic and political globalization has a major impact on the integrity and sovereignty of national states. This pressure is felt most by developing countries and countries in transition. Also, social inequality is unavoidable for the countries members of BRICS, whose societies are already under the influence of negative activities of modern industrial development. Never before, has the economic activity produced so much material wealth in such a short period of time, and at the same time, it has degraded the natural environment to a large degree. Inequality in income between and within the states themselves is growing. It is reflected in the fact that less and less wealthy individuals have an increasing share of capital, while, on the other hand, there is a growing number of those who are below the poverty line. The working class is evenin a more difficult situation, taking into account ever worse working conditions and a reduction in salaries. All this led to the breakdown of the social component. However, in such social circumstances, the role of the state as a regulator of economic activities is crucial. The benefits of globalization have to be evenly distributed, and that is why institutions and policies are needed to prevent global imbalances of theworld development in the future. The more and more frequent demands for reducing the role of the state and its regulations have not been achieved. On the contrary, its activities have increased in many areas, with only a changed mode of operation. The emphasis is placed on economic growth and development, and less on the direct solution of social issues.


Author(s):  
Keun Lee

This chapter examines the implications of Korea’s industrial policy and financing for African economies that are trying to build their industrial bases. It considers industrial policy as essentially building the capabilities of private firms to sustain long-term economic growth and looks at the role of the government or industrial policy in this process of capability building. The chapter first provides an overview of the financial systems and industrial policy in Korea, focusing on the nature of financial control by the government and the roles and evolution of key development banks such as the Korea Development Bank. It then discusses three episodes of industrial policy and financing in these cases involving POSCO, targeted development of bottleneck technologies for small and medium-sized enterprises (SMEs), and leapfrogging into digital TV since the mid-1990s. Finally, it assesses the significance of the Korean experience for Africa, especially with regards to export manufacturing and resource-based development.


2009 ◽  
pp. 23-45 ◽  
Author(s):  
A. Radygin

The article deals with key tendencies in the development of Russia’s market of mergers and acquisitions in the first decade of the 21st century. Quantitative parameters are analyzed by using available in the open access data bases for the years 2003-2008 taking into consideration new tendencies relating to 2008 financial crisis. An active role of the state played in the market of corporate control represents an important factor. Special attention is given to issues of development of Russia’s system of legal norms regulating the market of mergers and acquisitions.


2020 ◽  
Vol 3 ◽  
pp. 1-11
Author(s):  
Laura Hall ◽  
Urpi Pine ◽  
Tanya Shute

Abstract This paper will reflect on key findings from a Summer 2017 initiative entitled The Role of Culture and Land-Based Healing in Addressing and Ending Violence against Indigenous Women and Two-Spirited People. The Indigenist and decolonizing methodological approach of this work ensured that all research was grounded in experiential and reciprocal ways of learning. Two major findings guide the next phase of this research, complicating the premise that traditional economic activities are healing for Indigenous women and Two-Spirit people. First, the complexities of the mainstream labour force were raised numerous times. Traditional economies are pressured in ongoing ways through exploitative labour practices. Secondly, participants emphasized the importance of attending to the responsibility of nurturing, enriching, and sustaining the wellbeing of soil, water, and original seeds in the process of creating renewal gardens as a healing endeavour. In other words, we have an active role to play in healing the environment and not merely using the environment to heal ourselves. Gardening as research and embodied knowledge was stressed by extreme weather changes including hail in June, 2018, which meant that participants spent as much time talking about the healing of the earth and her systems as the healing of Indigenous women in a context of ongoing colonialism.


Author(s):  
Pankaj Sharma ◽  
Ravi Parkash

The paper analyze the role of rural tourism for the development of rural areas, The study analyzed how the different types of tourist product diversifications influence the development possibilities of studied rural areas in India. The government should sponsor private Sector to promote tourism in rural areas. For upgrading the rural tourism government requires to understand the rural location, demography, socio-culture, financial and political background of that area. How we can involve the rural citizens to improve their socio-economic condition. The objective of this paper is to present an update on rural tourism expansion and development in India. Rural tourism is rising in terms of number of visitors and the government of India should focus on it as an engine of growth


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