Emerging issues in implementing industrial policy in developing economies

Author(s):  
2016 ◽  
Vol 2016 ◽  
pp. 1-16 ◽  
Author(s):  
Victor K. Muposhi ◽  
Edson Gandiwa ◽  
Paul Bartels ◽  
Stanley M. Makuza

Trophy hunting has potential to support conservation financing and contribute towards rural development. We conducted a systematic review of the Zimbabwean trophy hunting perspective spanning from pre-1890 to 2015, by examining the following: (1) evolution of legal instruments, administration, and governance of trophy hunting, (2) significance of trophy hunting in conservation financing and rural development, and (3) key challenges, emerging issues in trophy hunting industry, and future interventions. Our review shows that (i) there has been a constant evolution in the policies related to trophy hunting and conservation in Zimbabwe as driven by local and international needs; (ii) trophy hunting providing incentives for wildlife conservation (e.g., law enforcement and habitat protection) and rural communities’ development. Emerging issues that may affect trophy hunting include illegal hunting, inadequate monitoring systems, and hunting bans. We conclude that trophy hunting is still relevant in wildlife conservation and rural communities’ development especially in developing economies where conservation financing is inadequate due to fiscal constraints. We recommend the promotion of net conservation benefits for positive conservation efforts and use of wildlife conservation credits for the opportunity costs associated with reducing trophy hunting off-take levels and promoting nonconsumptive wildlife use options.


New technology trends, mainly related to the development of Industry 4.0 and the digital economy, have created significant prerequisites for changing the priorities of industrial policy. This topic is particularly relevant for countries with economies in transition or developing economies, including Russia. The accumulated structural gap, expressed in the level of industries' digitalization, indicates a low willingness of industrial enterprises to introduce digital and related advanced technologies. The data obtained show that this gap is especially pronounced (more than 50% of the average for the EU countries) in the manufacturing industry, oil and gas industry, and transport. In mining, this gap approaches 70%. These circumstances predetermined the need to identify the strategic vector of Russian industrial policy against the background of the developing modern technologies that predetermine the adjustment of industrial policy priorities. To assess the potential of industrial transformation, the authors conducted a comparative analysis of changed targets for the formation of industrial policy in the developed countries and Russia. The analysis showed a sharp evolution in the priorities of industrial policy in Russia – those changed six times during the period from 2014 through 2019. The strategic policy focus has shifted from supporting projects in the production of high-tech civilian and/or dual-use products by enterprises of the military-industrial complex and the transition of enterprises to the best available technologies to supporting the digital economy and artificial intelligence technologies. Based on the results, the researchers suggested the development of industrial policy instruments adapted to the new priorities.


2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Fabio G. Santeramo

AbstractFood loss and food waste are highly debated topics and likely to stay in the research agendas for the next decades. Their relevance is not only important for developing economies, but also for developed economies, especially due to the impact that loss and waste have on the status of food security. In the present editorial, I comment on how research agendas should be shaped in order to focus on emerging issues, and put emphasis on the topics closely connected to the emerging literature on the circular economy.


Author(s):  
Arkebe Oqubay ◽  
Christopher Cramer ◽  
Ha-Joon Chang ◽  
Richard Kozul-Wright

Industrial policy has a long history both in practice and in theory. It became a leading focus of development research and policy analysis after the end of the Second World War, although its meaning, scope, and instruments have varied significantly, and it has been the subject of sustained criticism and debate, especially during the 1980s and 1990s. Noting that industrial policy in fact never went away, and at a moment when it has returned to centre stage, this volume offers a comprehensive reference work that presents different schools of thought regarding industrial policy and reflects the evolution in contemporary thinking, alongside empirical evidence from advanced, emerging, and developing economies. This volume also makes the connection between industrial policy and other policies. The volume reviews the theoretical perspectives and methodological aspects of the study of industrial policy, and uses case studies of policies and practices to offer new insights for policymakers, practitioners, and policy researchers. Contributors identify and assess evolving challenges to industrial policy and the shifting terrain of the industrial. They emphasize a political economy approach rather than reducing industrial policy to a technical exercise. The Handbook is forward looking, while also presenting a comprehensive review of the evolving context and trajectories of industrial policy.


2019 ◽  
Vol 0 (0) ◽  
Author(s):  
Reda Cherif ◽  
Fuad Hasanov

Abstract Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be replicated. We argue that one can learn from these miracles and we suggest that three key principles were behind their success: (i) the support of domestic producers in sophisticated industries, beyond the initial comparative advantage; (ii) export orientation; and (iii) the pursuit of fierce competition with strict accountability.


2005 ◽  
Vol 3 (1) ◽  
pp. 46-51 ◽  
Author(s):  
Masrur Reaz ◽  
Thankom Arun

This study attempts to explore the theoretical and empirical evidence on the relationship between competition and corporate governance in the broader back ground of economic reforms in developing economies, and analyses the problems that may occur due to inadequate corporate governance practices in an enhanced era of competition. The paper also discusses the areas of corporate governance that required immediate attention in developing countries such as protecting shareholder rights and market for corporate control, which are emerging issues in the context of rapid privatization and deregulations


Author(s):  
Lindsay Whitfield ◽  
Ole Therkildsen ◽  
Lars Buur ◽  
Anne Mette Kjar
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