China Development Bank

Author(s):  
Qiyuan Xu

Established in 1994, the China Development Bank was soon on the verge of bankruptcy, but then it miraculously recovered in early 2000s. Now with total assets of USD 1.85 trillion, CDB ranks as one of the largest and most dynamic national development banks in the world. This chapter explores in detail the CDB’s role in light of China’s transition economy. CDB is a key contributor to the establishment of an adequate local government credit system and a facilitator for infrastructure construction. Therefore, CDB’s role goes beyond financing infrastructure. It is above all a shaper of the government credit system, and one of the starting points for understanding China’s economy.

Subject The National Development Bank. Significance Development banks of the developing world, like Brazil's National Development Bank (BNDES) and the China Development Bank, play an increasing role in financing infrastructure projects in other developing countries. A challenge for understanding the role of this lending is that transparency by these banks has been low. In 2015, the BNDES put a complete record of its support for the export of Brazilian goods and services online, allowing an analysis of its past patterns of lending. Impacts The BNDES has improved its transparency but corruption issues still plague many of its loan recipients. The drop-off in new projects appears set to continue despite the need for infrastructure funding. The focus may also increasingly concentrate on Brazil rather than projects by Brazilian companies elsewhere.


2020 ◽  
Vol 11 (1) ◽  
pp. 37-59
Author(s):  
Netra Prasad Sharma

The dimensions of travelling and tourism have become manifold in recent decades. People love to travel with various purposes. Religious tourism, yoga tourism, peace tourism and spiritual tourism are some dimensions. Lumbini can be a best destination for meditation tourism, which could be much rewarding for individual, social and national development. The travelers and stakeholders have yet to be aware of this aspect. In Buddhism, Lumbini is a best destination for meditation tour. Exploring the importance of travelling Lumbini for meditation is the main objective of this article. Tourists and pilgrims would benefit immensely if they understand the significance of meditation tourism to Lumbini, its philosophy and practice. This article aims to explore the spiritual significance of Lumbini and it will provide visions of a purposeful development and publicity that would shape Lumbini as a best destination for meditation tourism. The government and private sectors are interested to develop Lumbini as best tourist destination. People all over the world are attracted to visit Lumbini for different reasons. Most tourists are unaware of the core aspect of visiting Lumbini. People who visit Lumbini are unaware about meditation practice or involving in charity works. Meditation and compassion are the core aspects of Buddha’s teachings, which are neither realized nor practiced. There seems a vast gap between the actual philosophy of Buddhism and the attitude of most of the visitors. This research study attempts to reveal the significance of meditation tourism in Lumbini.


2021 ◽  
Vol 11 (3) ◽  
pp. 305-313
Author(s):  
Ida Ayu Made Sri Widiastuti ◽  
◽  
I Nengah Dasi Astawa ◽  
Ida Bagus Nyoman Mantra ◽  
Putu Herny Susanti ◽  
...  

Tourism is very necessary to continue to be developed to improve the economy in Indonesia and increase the position of the country geographically, which is very strategic for tourism and the world economy. For this reason, the ability to communicate in English is absolutely necessary, in order to compete with workers from other countries, so that they can contribute to the improvement of the national economy. The ability to communicate in English is a strategic sector in the development of highly competitive human resources in the tourism industry sector and in the global economic community. By having good English communication skills, it will be easier to grab market share in the tourism industry sector and the economic sector. The tourism sector as one of the prime industrial development is developed in order to further increase the rate of national development. For this reason, it is necessary that the government continues to increase its resilience, policies, and increase the development of tourism with a view to further developing the community's economy and increasing the ability to speak English so that human resources are able to compete in various tourism industries so that the economy will increase.


Legal Ukraine ◽  
2020 ◽  
pp. 16-23
Author(s):  
Oleksandr Sosnin

Scientific discussion of the problems of transformation of the legal foundations of state institutes of scientific and educational institutions under the influence of the development of information and communication technologies (ICT) and innovative thinking of people is extremely relevant and complex at the same time. Various scientific knowledge has been lacking for a long time, however, today, when the development of creative, moral, innovative potential of each person and humanity as a whole has become a priority for any individual and society, has become the most important, generalizing indicator, criterion of national development. To be taken more systematically and responsibly. Information has always and everywhere been valued as a jewel, on which huge financial resources were spent to acquire its media, have always been important. With the advent of radio and television and, ultimately, modern ICTs, it has increasingly become a product that has always been in demand and also sold well, which, unfortunately, has helped turn the miracle of human communication into a monster — a weapon against the sustainable. development of mankind, the protection of which requires deep knowledge of the human psyche, the laws of society and decision-making algorithms. The nature and meaning of the world, covered by various technical means of communication, are increasingly of interest to society, however, the information and communication sphere, as a geocultural phenomenon and force of influence, began to form not so long ago, around the XVIII century, gradually acquiring geocultural weapons. Again, under the influence of the development of ICT, it has become a pervasive force in the twentieth century, and having acquired network methods of use — a weapon. Today it is becoming the most important factor in the transformation of the world order in the structure «matter (people) — energy (finance) — information — a resource for development». This is how the state and legal policy and the realities of the interaction of the countries of the world with each other and, accordingly, the citizens with the government are built, forcing them to look for new ways of evolution of the economy, military affairs, public power, etc. Using new ICTs, the world’s leading countries are constantly updating their scientific and educational sphere, increasing the requirements for professional training of young people in their universities, trying to form an open society with a responsible attitude to social values, more fully define the responsibilities of public authorities, and it is in this direction that the problems of the formation of modern statehood are concentrated. Key words: information, informatization, information and communication technologies, information and communication security, information and communication activity, information space, information war, humanities, scientific and educational policy, information legislation.


2021 ◽  
Vol 9 (2) ◽  
pp. 158-168
Author(s):  
M.O. Abanikannda ◽  
D.A. Adekomi

Since after independence in Nigeria in 1960, the country has been fighting for good governance and a capable state in terms of economic and socioeconomic. The Nigeria development programs have been implemented to achieve the objectives. In 2009, the government of Nigeria embarked upon vision 2020, the ambition to position Nigeria to become one of the top 20 economic in the world national development by 2020 by linking the objective of the National Economic and Empowerment Development Strategy(NEEDS) and the seven-point agenda. However, there are certain questions that need to be asked such as; how much the vision 2020 myth is becoming reality; how has Nigeria performed in terms of good governance and a capable state as far as vision 2020 is concerned. Keywords: government of Nigeria, good governance, vision 2020, national development, ambition and capable state


2019 ◽  
Vol 11 (17) ◽  
pp. 150
Author(s):  
Ammar Saad ◽  
Ruitao Zhang ◽  
Ying Xia

As the third-largest crop in China, wheat production plays an essential role in China's agricultural production, food processing and consumption structure. Besides, China is the world’s largest wheat producer and consumer, where it produces 14.83% of the world's total wheat production in 2017. So it is necessary to analyze and evaluate the government policy for wheat production in China using PAM. This research depends on the data has issued by the National Development and Reform Commission/China statistics press 2018 (National farm production cost-benefit survey 2017). The outcomes of this paper showed that the coefficients measures confirm there is government support for wheat production, that indicates, farmers are getting prices higher than global prices by the continuation of the current policy. While there was no comparable advantage has shown for Chinese wheat product in social prices due to the government intervention in the prices of production outputs. Where this policy representation indexes show that the policy for wheat production 2017 supported the farmers on the consumer cost.


2019 ◽  
Vol 17 (3) ◽  
pp. 271-279
Author(s):  
Nataliia Stukalo ◽  
Anastasiia Simakhova ◽  
Halina Shmarlouskaya

Trends in the global social development increasingly clearly demonstrate their relation to the processes of socialization of the global economy. Countries around the world are creating a global socio-economic space in the framework of integration and globalization. Global development of social economies in the world serves as the basis for further cooperation of the countries in addressing global problems and ensuring decent living standards of the population. It also applies to the countries with transition economies. The main problem of development of the process of economy socialization is its financial support, which makes the search for potential sources of financing more relative.The article’s aim is to assess the source base of socialization of the economy of Ukraine as a country with transition economy with identification of strengths and weaknesses of financial security of social processes in the country.Method of investigation was the correlation-regression analysis of the source base of socialization of the Ukrainian economy with construction of a multifactor regression equation. The main result of the article is correlation-regression analysis that has found that the amount of income of the population is significantly affected by two indicators: financing of scientific and technical works and the amount of loans provided by the Ukrainian banks to the residents. In the article, it is proposed to stimulate the innovative activity through increasing the funding of scientific and technical works from different sources that can be practical recommendation to the government politics.


1968 ◽  
Vol 6 (2) ◽  
pp. 262-264
Author(s):  
Archibal Callaway

Organised by the Economic Commission for Africa, with the Government of Niger as host, this meeting brought together delegates from 16 African Governments (11 French-speaking, 5 English-speaking) and observer/ participants from the United Nations and its specialised agencies (I.L.O., U.N.E.S.C.O., U.N.I.C.E.F., F.A.O., W.H.O.), the O.A.U., the World Assembly of Youth, the World Y.W.C.A., the Organisation internationale des employeurs, and the All Africa Conference of Churches.


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