Solutions to Nigerian problems of industrialization and manufacturing

2021 ◽  
Vol 1 (2) ◽  
pp. 049-057
Author(s):  
Ezeliora Chukwuemeka Daniel ◽  
Nwufo Maduka Augustine
Keyword(s):  
Industrial Development ◽  
Manufacturing Systems ◽  
Economic Policies ◽  
Developed Country ◽  
Industrial Policies ◽  
R And D ◽  
Infrastructural Development ◽  
Economic Development And Growth ◽  
Nigerian Government ◽  
The Government

Industrialization is the key for country’s economic development and growth. In African, most of their government refused to fully sponsor or fund MSE’s and industrialization ideologies. Their infrastructural development and economic policies are of very minimal for strong industrial development. Nigeria faces such situation and the government has refused and neglects the industrialization sectors, yet they want to be a developed country. The solution to industrialization is for the Nigerian government is to reform their economic policies, industrial policies, Develop infrastructures, promote MSEs, research and development (R and D). There is also a very significant need for the Nongovernment organizations to aid the Nation to industrialize and promote the manufacturing systems.

scholarly journals Selective industrial policies in China: investigating the choice of pillar industries

2019 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Elisa Barbieri ◽  
Marco Rodolfo Di Tommaso ◽  
Mattia Tassinari ◽  
Marco Marozzi
Keyword(s):  
Industrial Development ◽  
Design Methodology ◽  
Chinese Economy ◽  
Chinese Government ◽  
International Literature ◽  
Industrial Growth ◽  
Content Type ◽  
Industrial Policies ◽  
Analysis Methodology ◽  
The Government

Purpose China’s experience of industrial growth is noteworthy for several reasons, not least because it has made a massive use of selective industrial policies. The industrial development guidelines set by the Five-Year Plans are extensively based on the choice of “strategic” or “pillar” industries to be promoted and supported. What remains unclear is the way in which such industries are identified among many. The purpose of this paper is to propose a debate on how to improve the government choice of strategic sectors and suggests a methodology to make this choice more transparent and rigorous. Design/methodology/approach The methodology allows ranking the different industries according to their strategic importance in the Chinese economy. The authors employ an uncertainty analysis methodology to verify the robustness of the ranking. Findings The results point to a list of strategic sectors for China. Comparing the ranking of the strategic sectors to the list of strategic priorities described in the Twelfth Five-Year Plan, we find that, by and large, the ranking coincides with the list of strategic sectors of the Chinese government. Social implications The authors argue that improving the transparency and the rigor of the choice of pillar industries can be crucial for the Chinese government to maintain social legitimization in the transition to a “market” economy. Originality/value Very little is known about the choice of strategic sectors in China in the international literature. By addressing the debate on the choice of pillar industries in China, the paper discusses a topic scarcely studied offering a unique and original contribute.

China’s Industrial Development Strategies and Policies

2021 ◽  
pp. 55-72
Author(s):  
Justin Yifu Lin ◽  
Jianjun Zhou
Keyword(s):  
Comparative Advantage ◽  
Industrial Development ◽  
Developed Countries ◽  
Chinese Government ◽  
Industrial Policies ◽  
Learning Capacity ◽  
Factor Endowments ◽  
Comparative Advantages ◽  
Indigenous Innovation ◽  
The Government

China has adopted a transition strategy and industrial policies pragmatically according to its economic reality since the reform and opening up started in 1979. The organic combination of an effective market with a facilitating state was the main reason for the success of China’s economy in the past four decades. In the process of China’s economic development, industrial policies have played a crucial role in both industrial upgrading and technological progress. Relying on the comparative advantage—following strategy, China has fully utilized its latecomer advantage. Chinese enterprises learn advanced technologies from developed countries when the opportunities exist and do indigenous innovation when needed. Pragmatism and learning capacity has been the most important endowments and comparative advantages of the Chinese government and enterprises. With learning capacity, the government and enterprises can pragmatically explore the comparative advantage of the existing factor endowments and convert latent comparative advantages into competitive advantages to promote continuous transformation, upgrading, and sustainable development.

scholarly journals Assessing the Impact of Industrial Policies on Economic Development in Nepal

2016 ◽  
pp. 40-75
Author(s):  
Khom Raj Kharel
Keyword(s):  
Economic Development ◽  
Trade Balance ◽  
Industrial Development ◽  
Total Revenue ◽  
Total Trade ◽  
Economic Openness ◽  
Industrial Policies ◽  
Simple Regression Model ◽  
The Government ◽  
The Impact

This study analyzes the impact of industrial policies on Nepalese economic development. For this, simple regression model has been applied to estimate the impact of industrial policies on macroeconomic growth. The impact of industrial policies is analyzed as pre-liberalization period (1974/75-1991/92), post liberalization period (1991/92-2009/10) and whole period (1974/75- 2009/10). The result shows that there are significant positive relationship between economic openness and industrial registration, GDP, industrial GDP, employment, investment, foreign trade (imports and exports), trade balance, total revenue and trade tax in the whole of 1974/75- 2009/10. During pre-liberalization period, these relationships have also been found positive, as well. But, during the post liberalization period, the impact of economic openness on the growth of industries, GDP, employment, investment, total revenue, trade tax, total trade, import trade, export trade and trade balance are not found positive. To achieve the satisfactory result the government policies should be appropriately reviewed to make them investment friendly and accelerate the industrial development in Nepal.Economic Journal of Development Issues Vol. 17 & 18 No. 1-2 (2014) Combined Issue, Page: 40-75

Government Policies and the Industrialization of Russia

1967 ◽  
Vol 27 (4) ◽  
pp. 460-477 ◽  
Author(s):  
Arcadius Kahan
Keyword(s):  
Industrial Development ◽  
Government Policies ◽  
Late Nineteenth Century ◽  
Russian Society ◽  
Economic Policies ◽  
Russian Government ◽  
Outright Rejection ◽  
Industrialization Process ◽  
The Government ◽  
Foreign Exchanges

If we were to reconstruct a blueprint of the Russian government's goals and priorities for industrial development in the late nineteenth century, it would include the following: (1) development of a network of internal transportation, (2) stabilization of the ruble in foreign exchanges through convertibility and the buildingup of an export surplus as a prerequisite for enabling the Russian government to borrow abroad, and (3) stimulation of the development of new industries in Russia and their protection in their “infancy.” Given the relative success of Russia's industrialization during the end of the nineteenth and beginning of the twentieth centuries and the important role that the government played in this effort, there is no justification for outright rejection or condemnation of Russian government economic policies. There were, however, serious shortcomings in particular government policies, and the presumed effects that they had upon the industrialization process were not always desirable. This essay is a modest attempt to reexamine Russian government policies on the assumption that the industrialization of Russia was a continuing goal of the state policies beginning with the 1880's and one of relatively high priority. The implication of the analysis is that if some of the defects of the state's policies had been avoided, the process of industrialization in Russia would have proceeded at least at as fast a pace and the economic costs to Russian society would probably have been smaller.

Factors Influencing Green Warehouse Practices in Malaysian Warehouse Industry: An Empirical Analysis

2019 ◽  
Vol 5 (1) ◽  
pp. 54
Author(s):  
Siti Norida Wahab ◽  
Nazura Mohamed Sayuti ◽  
Azimah Daud
Keyword(s):  
Industrial Development ◽  
Data Gathering ◽  
Global Market ◽  
Acceptance Rate ◽  
Extensive Literature ◽  
Factors Influencing ◽  
Industry Competition ◽  
Management Commitment ◽  
Top Management Commitment ◽  
The Government

The purpose of this study is to provide an understanding of the factors influencing green warehouse practices (GWP) in the Malaysian warehouse industry. Both stakeholder theory (ST) and institutional theory (IT) act as the foundation in developing the theoretical framework. Six factors were identified resulted from preliminary data gathering and an extensive literature review for constructing the model. The sample size consists of 226 respondents with the acceptance rate of 89 per cent. The findings revealed that customer demand, owner support, employee involvement, top management commitment, industry competition, and governmental pressure are positively associated with GWP. Based on the findings, warehouse companies and relevant authorities in Malaysia should focus on the importance of GWP towards becoming more competitive in the global market. The study provides a theoretical gap by proposing a valuable implication to scholars and practitioners in promoting sustainable industrial development which aligns with the government national agenda.

STATE SUPPORT FOR «GREEN» INVESTMENTS AND MARKET «GREEN» FINANCING: FOREIGN EXPERIENCE

2019 ◽  
pp. 97-108
Author(s):  
L.S. Kabir
Keyword(s):  
Economic Growth ◽  
Government Support ◽  
Policy Support ◽  
Green Economy ◽  
Economic Policies ◽  
State Support ◽  
Green Technologies ◽  
Foreign Countries ◽  
The Government ◽  
Green Investments

The present study reveals the trends and features of the current state of financing the foreign countries’ transition to a new «green» economic growth model. To summarize the contemporary experience of countries’ integration into public administration practice the approaches and standards in the field of «green» investments financing.The subject of the study is the set of measures implemented by countries to develop sources of finance for «green» economy projects.Tasks: 1) to consider the principal directions of the «green» investments state policy support, its purpose, and the tools used; 2) to identify the market’s role in the «green» economy financing; 3) to clarify the main issues constraining private investments in «green» projects. The countries’ approach to «green» economic growth financing is examined in the present paper by means of common methods of scientific knowledge.There reviewed the arguments justifying the government support for «green» investments. There revealed the problems constraining the market «green» financing development and speculations about their origins. The study concludes that the countries’ economic policies are aimed at improving the existing model’s efficiency, not at the transition to the new «green» economy model. Thus, through the state support tools, there being generated strong signals signifying the creation of favorable market conditions for the functioning of a new economy sector – the sector of «green» technologies.

Introduction of Flexible Manufacturing Systems as a Necessary Measure for the Russian Industrial Development

2019 ◽  
Vol 957 ◽  
pp. 195-202 ◽  
Author(s):  
Elizaveta Gromova
Keyword(s):  
Flexible Manufacturing ◽  
Flexible Manufacturing Systems ◽  
Industrial Development ◽  
Manufacturing Systems ◽  
Manufacturing System ◽  
Agile Manufacturing ◽  
Industrial Sector ◽  
Business Environment ◽  
Maximum Speed ◽  
Industrial Enterprises

With the onset of the Fourth Industrial Revolution, the business environment becomes inherent in changes that occur with maximum speed, as well as characterized by the systemic nature of the consequences. One of them is the transformation of operational management models in industrial enterprises. The modern manufacturing system should focus not only on speed of response and flexibility, but also on the cost and quality of products. Integration of effective models: agile manufacturing, quick response manufacturing and lean production, in order to extract the best from them is proposed. The purpose of this study is to analyze this flexible manufacturing system and to relate it to the current state of the Russian industrial development. Theoretical and practical aspects of this model are presented. The examples of the flexible models introduction in the Russian industrial sector is allocated. The conclusion about the necessity of the flexible manufacturing systems implementation for the Russian industrial development is drawn.

scholarly journals Infrastructure Joint Venture Projects in Malaysia: A Preliminary Study

2018 ◽  
Vol 34 ◽  
pp. 01020
Author(s):  
Norsyakilah Romeli ◽  
Faridah Muhamad Halil ◽  
Faridah Ismail ◽  
Muhammad Sufian Hasim
Keyword(s):  
Joint Venture ◽  
Infrastructure Development ◽  
Developed Country ◽  
Survey Question ◽  
Construction Period ◽  
Railway Infrastructure ◽  
Infrastructure Project ◽  
Technical Issues ◽  
Spss Software ◽  
The Government

As many developed country practise, the function of the infrastructure is to connect the each region of Malaysia holistically and infrastructure is an investment network projects such as transportation water and sewerage, power, communication and irrigations system. Hence, a billions allocations of government income reserved for the sake of the infrastructure development. Towards a successful infrastructure development, a joint venture approach has been promotes by 2016 in one of the government thrust in Construction Industry Transformation Plan which encourage the internationalisation among contractors. However, there is depletion in information on the actual practise of the infrastructure joint venture projects in Malaysia. Therefore, this study attempt to explore the real application of the joint venture in Malaysian infrastructure projects. Using the questionnaire survey, a set of survey question distributed to the targeted respondents. The survey contained three section which the sections are respondent details, organizations background and project capital in infrastructure joint venture project. The results recorded and analyse using SPSS software. The contractors stated that they have implemented the joint venture practice with mostly the client with the usual construction period of the infrastructure project are more than 5 years. Other than that, the study indicates that there are problems in the joint venture project in the perspective of the project capital and the railway infrastructure should be given a highlights in future study due to its high significant in term of cost and technical issues.

Industrial Exports and Peronist Economic Policies in Post-War Argentina

2012 ◽  
Vol 44 (2) ◽  
pp. 285-317 ◽  
Author(s):  
CLAUDIO BELINI
Keyword(s):  
Latin America ◽  
Import Substitution ◽  
Second World War ◽  
Economic Policies ◽  
World War ◽  
Foreign Markets ◽  
Industrial Policies ◽  
Manufactured Goods ◽  
Post War ◽  
Second World

AbstractThis article studies the growth and decline of Argentine exports of manufactured goods during the 1940s and 1950s. In a context that was favourable due to the global scarcity of manufactured goods, Argentine industry managed to sell its products in several foreign markets, especially in Latin America, during the Second World War. In the post-war period, however, exports declined and returned to the levels of the 1930s. After 1950 the Peronist administration again tried to stimulate exports through the use of various incentives, but they did not revive. The article examines the reasons for this decline, the role played by the economic, commercial and industrial policies of the Peronist era, and the problems that Argentine industry faced in remaining competitive. Based on this analysis, the paper questions the interpretation that argues that exporting manufactured goods was a viable path for development for import substitution industrialisation countries in the post-war world. In this respect the paper contributes to the discussion of different paths towards economic development in Latin America.

Start-up motives and challenges facing female entrepreneurs in Tanzania

2019 ◽  
Vol 11 (2) ◽  
pp. 102-119 ◽  
Author(s):  
Nsubili Isaga
Keyword(s):  
Urban Areas ◽  
Developed Countries ◽  
Access To Finance ◽  
Female Entrepreneurs ◽  
Public And Private ◽  
Developed Country ◽  
Content Type ◽  
The Government ◽  
Survey Responses ◽  
Practical Implications

Purpose Research on women-owned business is more extensive in developed countries than in developing countries and such one cannot compare the results. This paper aims to examine the motives of women in Tanzania (a less developed country) to start their own businesses and the challenges they faced in running their businesses. Design/methodology/approach Based on 400 response to a semi-structured questionnaire and in-depth interview with 20 female entrepreneurs. Subsequently, descriptive and factors analysis were performed to analyze the data Findings Based on survey responses, the primary reason for starting a business was to create employment for the woman herself. Other motives include supplementing income and enabling women to be able to do the kind of work they wanted to do. According to the factor analysis, female entrepreneurs are driven more by push factors than pull factors. The most serious problems faced by female entrepreneurs are lack of access to finance, gender-related problems and social and cultural commitments. Research limitations/implications The sample was selected from urban areas of only three regions, out of 26 regions in Tanzania. Researchers may extend the study to other regions; also, the non-probability sampling method used in this study essentially means that there is a limitation to the extent to which the research findings can be generalized to the rest of the population of female entrepreneurs in Tanzania. Practical implications Policy makers, financial institutions and all organization that have a stake on development on female entrepreneurs in Tanzania should design policies and programs that encourage and promote the creation and growth of businesses. Collective efforts from the government, public and private institutions and NGOs are needed to eliminate the challenges, especially gender-related problems. Practical implications By studying female owner-managers’ motivations and constraints, the author suggests that to a greater extent, gender-related problems, social and cultural commitments and access to finance and networks are the constraints faced by female entrepreneurs. Originality/value The research on female entrepreneurs in the context of Tanzania is scarce, this study responds to a need of better understanding women motivations and constraints. By studying these factors, this study shows that startup motives and constraints faced by female entrepreneurs are unique to different contexts.

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