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

scholarly journals THE IMPACT OF TAXATION AS AN AID TO ECONOMIC DEVELOPMENT (APPLIED STUDY IN KURDISTAN REGIONAL GOVERNMENT)

2020 ◽  
Author(s):  
Amanj Mohamed Ahmed ◽  
Muhammad Nawzad Ali
Keyword(s):  
Economic Development ◽  
Primary Source ◽  
Educational Systems ◽  
Secondary Source ◽  
Probability Method ◽  
Regional Government ◽  
Chi Square ◽  
The Government ◽  
Taxation System ◽  
The Impact

<p><em>This research was carried out to determine the weight of taxation in economic development, the main purpose is to discover the level of impact of taxation on economic development or if it has any impact. Another key objective is to improve the level of understandability and find probable solutions toward issues in taxation within the Kurdistan region, as well as unveiling the Kurdistan Regional Government’s taxation system in compliance with the up to date old Iraqi tax laws. KRG is barely surviving this crisis, with the increase of unemployment and poverty could taxation work as an aid to support the piles of the region. The current corruption in the government that does not use tax money efficiently and lack of transparency has been evaluated. Primary and secondary research methods were used to be able to gather information in order to reach an understanding. The primary source of data includes personal interviews and questionnaires, meanwhile, the secondary source of data includes the use of textbooks, social media, internet, and newspapers. Non-probability method of sampling was used in selecting the respondents. The study used the standard deviation, chi-square formula, and tables for the method of the examination. The results clearly illustrates that the government should</em> <em>commence the critical pursuit of broadening regional economy in order to improve economic growth and expansion and to become meticulous to fight with real corruption. The limitation and resources should be expanded by the government and bring taxation back to life through educational systems and social awareness.</em></p>

scholarly journals Impact of Trade Liberalization on Economic Growth of Nepal

2019 ◽  
Vol 8 ◽  
pp. 136-148
Author(s):  
Ramesh Bahadur Khadka
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Gross Domestic Product ◽  
Trade Liberalization ◽  
World Bank ◽  
Trade Balance ◽  
Trade Openness ◽  
Domestic Product ◽  
Total Trade ◽  
The Impact

Trade openness has been considered as an important determinant of economic growth. It has been witnessed during the past couple of decades that international trade openness has played a significant role in the growth process of both developed and developing countries. International organizations such as Word Trade Organization, International Monetary Fund and World Bank are constantly advising, especially developing countries, to speed up the process of trade liberalization to achieve high economic growth. In this context, this paper aims to analyze the impact of trade liberalization on economic growth of Nepal. For this purpose, all the data regarding gross domestic product, export, import, total trade, trade balance of Nepal from 1980 A.D. to 2013 A.D. published by World Bank (2014) were used. Both descriptive as well as inferential statistics were used to analyze the data. Correlation analysis was used to find the correlation between the selected variables. Multiple linear regression analysis was carried out to analyze the impact of the trade liberalization in economic growth of Nepal. Trade cost does not explain any influence in gross domestic product, export, import, total trade and trade balance. The impact of trade openness is positive for all variables except trade balance. Trade openness has influenced economy significantly; import increased with purchasing power, export also increased but service only. Therefore, there is gap in export and imports.

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.

scholarly journals РОЗВИТОК ТУРИЗМУ ЯК ОДИН ІЗ ПЕРСПЕКТИВНИХ НАПРЯМІВ ПОДОЛАННЯ МАКРОЕКОНОМІЧНИХ ПРОБЛЕМ КРАЇНИ В УМОВАХ ТРАНСФОРМАЦІЇ СУСПІЛЬСТВА

2014 ◽  
pp. 140-143
Author(s):  
І. І. Шупик
Keyword(s):  
Economic Development ◽  
Quality Characteristics ◽  
Tourism Industry ◽  
Economic Situation ◽  
The Public ◽  
Wide Range ◽  
Socio Economic Development ◽  
The Government ◽  
The Impact

Обґрунтована важливість туристичної галузі якодного з перспективних напрямів вирішення широкогокола макроекономічних проблем у період трансфор-мації суспільства, що дозволить стабілізувати соці-ально-економічну ситуацію у країні й поліпшити які-сні характеристики життя населення. Визначеніпровідні напрями впливу туристичної діяльності нарозвиток країни та причини, що їх обумовлюють.Наголошується, що досягнення поставлених цілейбуде можливим лише за умови послідовних і відпові-дальних дій влади, її постійної взаємодії з громадські-стю, бізнесом. Proved the importance of the tourism industry as one of the promising directions of solving a wide range of macroeconomic problems in the period of transformation of society, which will allow stabilizujace socio - economic situation in the country and to improve the quality characteristics of living. Defined major directions of the impact of tourism activities on socio-economic development of the country and the reasons for their cause. Emphasized that the achievement of goals is possible only if a consistent and responsible actions of the government, its constant interaction with the public, business.

scholarly journals The Impact of Tourism Development on Economic Development: The Case of Zanzibar

2021 ◽  
pp. 41-50
Author(s):  
Hafidh Ali Hafidh ◽  
Zulekha Ayoub Rashid
Keyword(s):  
Economic Development ◽  
Government Expenditure ◽  
National Income ◽  
Tourism Development ◽  
Small Island ◽  
Stable Relationship ◽  
Long Run ◽  
Study Results ◽  
The Government ◽  
The Impact

Tourism is perceived as one of the world’s fastest growing service sectors and a major source of economic development for many, if not all, developing countries. Zanzibar as a developing country and also is a small island which have small economy, its national income depend much on tourism contribution, Therefore this paper aim to examine the impact of tourisms development to the economic development of Zanzibar, using the data based on annual time series from the period 1989–2019 and also employing Vector Error Correlation Model (VECM) to arrive at conclusions from the data in the study area. The study results found a long-run stable relationship among tourism development and economic development of Zanzibar, there is a positive and significant impact that exists between GDP and international tourism arrivals, inflation and government expenditure respectively while only inflation results show positive but insignificant impact. In order to increase the economic development in Zanzibar through the tourism sector, there is a need for the government and other stakeholders of tourism to put much consideration on this sector so as to improve overall development of Zanzibar economy.

scholarly journals Time and Cost Overrun Analysis in PPP Based Roads and Highway Projects in India

2020 ◽  
Vol 9 (4) ◽  
pp. 1761-1768
Keyword(s):  
Economic Development ◽  
Public Private Partnership ◽  
Cost Overrun ◽  
Construction Process ◽  
Highway Projects ◽  
Private Partnership ◽  
Degree Of Risk ◽  
The Government ◽  
The Impact

The economic development of any country depends upon infrastructure of roads and highways but its construction, process and maintenance of roads and highways is not as simple as it seems like as growth of roads and highway projects involves massive capital and time. Nevertheless, the government does not have the resources required for the resolution. Public private partnership (PPP) is the resolution of this problem however, roads and highway projects comprises higher degree of risk for the private players which demoralizes private parties from capitalizing in highway projects. This paper discovers the prevailing literature on risks involved in roads and highway projects and sources of time and cost overrun in roads and highway projects for the purpose of analysis of major risks which effects in time and cost overrun in PPP built roads and highway projects. This paper also defines the impact of recognized risks over and done with questioner survey.

scholarly journals Globalization and Economic Development: A Study of Nagaland

2010 ◽  
Vol 6 (3) ◽  
pp. 199-211
Author(s):  
Komol Singha
Keyword(s):  
Economic Development ◽  
Social Welfare ◽  
Eastern Region ◽  
Informal Trade ◽  
Cross Border ◽  
North East ◽  
The North ◽  
Border Trade ◽  
The Government ◽  
The Impact

With the emergence of globalization, economic integration among nations has become a necessity. Cross border trade is the most important medium of the current wave of globalization. In this process, knowingly or unknowingly the North East economy has emerged in to a new dimension of cross border trade (informal trade) with neighboring nations and that increases Social Welfare of the poor masses of the region. But the formal arrangements, like ‘Look East Policy’ stumbles the social welfare of the region. Border trade is the first and foremost important component of globalization and informal trade is multiple times more than the formal trade in this region. By this process, sustainable development is generated and it is visible now in this region. With the help of primary and secondary data, this paper tries to analyze the impact of globalization or cross border trade in the North East India (NEI). How far this globalization through cross border trade increases social welfare or generates sustainable economic development of the region is the core issue of this paper. For this purpose, the author has selected Nagaland as an area of study. Of late, the Government has initiated several pro-active measures to strengthen its economic growth further. In this direction, India’s Look East Policy is worth mentioning. Under this policy, India seeks economic cooperation with ASEAN and other neighbouring countries through the gateway of the North-Eastern Region. Despite initiatives of economic development, still the process is not heading towards the right direction. There are some institutional lacunae in this process. This paper is the modest attempt to highlight these lacunae and tries to recommend some feasible suggestions to overcome in this direction.

scholarly journals Impact of Women Education on Economic Growth: An Evidence from Pakistan

2021 ◽  
Vol 3 (2) ◽  
pp. 113-120
Author(s):  
Kiran Zahra ◽  
Mudassar Yasin ◽  
Baserat Sultana ◽  
Zulqarnain Haider ◽  
Raheela Khatoon
Keyword(s):  
Higher Education ◽  
Economic Growth ◽  
Economic Development ◽  
Time Series Data ◽  
Essential Element ◽  
Series Data ◽  
Education Expenditure ◽  
Long Run ◽  
The Government ◽  
The Impact

Education is the most fundamental right in the current situation, and it is an essential element of economic growth. No country can achieve economic development and goals without investing in education. Pakistan’s economic development is possible when education is equal for both men and women, but the government did not give importance to the sector as it deserved. This study investigated the determinants of female higher education in Pakistan and the impact of women's education on the economic growth of Pakistan. This study utilized time-series data from 1991 to 2019. The autoregressive distribution lag (ARDL) model is applied to estimate the impact. The result shows that in Pakistan, education expenditure has no positive effect on female education. In contrast, a positive relationship between female higher education and GDP growth exists, but this relation is not strong in the short run and long run.

scholarly journals Appraisal of The Control 0f Industrial Policies to the Digital Economy: Proof from Tanzania

2020 ◽  
pp. 215-220
Author(s):  
Nuhu Sansa
Keyword(s):  
Gross Domestic Product ◽  
Digital Economy ◽  
Annual Reports ◽  
Domestic Product ◽  
Economic Openness ◽  
Industrial Policies ◽  
Technology Advancement ◽  
Simple Regression Model ◽  
Contemporary Study ◽  
Information And Technology

Recent in Tanzania evidence show that the rapid technology advancement resulted to the high and significant contribution to the Gross domestic product and economic development. Allude to that fact; the interrogation of policy infrastructure particularly industrial policies to pilot the digital economy is inescapable. The contemporary study is determined to explore the control of industrial policies to the digital economy specifically macroeconomic digital variables employed by the study (Information and Technology Gross Domestic Product and Population Using Internet) during the period from 2010 to 2017 in Tanzania. With respect to that, simple regression model is applied to inquire into the control of industrial policies to the digital economy in Tanzania during the period from 2010 to 2017. Ascribable to the sparseness of data, the only data accessible for the study during the period from 2010 to 2017 were gathered from the World Bank and the Bank Of Tanzania Annual Reports. Straight to investigate the control of industrial policies to the digital economy in Tanzania during the period from 2010 to 2017, industrial policies were represented by the economic openness which be positioned independent variable, while Information and Technology Gross Domestic Product and Population Using Internet were dependent variables in the study. The information discovered in the study was in actual fact catching the attention. Information discovered as a result of the exploration shows that the relationship between economic openness and all digital macroeconomic variable applied by the study (Information and Technology Gross Domestic Product and Population Using Internet) is Negative and meaningless. To such a degree industrial policies had no control to the digital economy during the period from 2010 to 2017 in Tanzania.

scholarly journals DID Analysis on the Impact of Policies on the Rural-Urban Income Disparity in Resource-Dependent Regions: A Case Study of Ordos

2018 ◽  
Vol 10 (7) ◽  
pp. 191
Author(s):  
Rijimoleng Si ◽  
Gang Han
Keyword(s):  
Economic Development ◽  
Inner Mongolia ◽  
Rapid Development ◽  
Mineral Resources ◽  
Income Disparity ◽  
Coal Resources ◽  
Urban Income ◽  
The Government ◽  
Coal Enterprises ◽  
The Impact

Ordos is the most abundant coal resource city in Inner Mongolia. Its coal resources account for one half of Inner Mongolia's coal resources and one sixth of China's total coal reserves. Abundant coal resources have laid the foundation for Ordos become today’s resource-based city. In 2003, Inner Mongolia issued “the guiding opinions on accelerating the development of key coal enterprises” (hereinafter referred to as “policy”), supporting the development of coal enterprises and providing policy conditions for the rapid economic development of Ordos. However, with the rapid development of economy, the rural-urban income disparity is also getting bigger in Ordos. Based on panel data from 1999 to 2012 and use the DID analysis of “quasi-natural experiment”, the paper finds that the policy has increased the rural-urban income disparity. The policy increases the rural-urban income disparity by promoting GDP growth. Therefore, the role of the policy system in the economic development of a region cannot be ignored. The government supports the development of local resource-based industries and also increase support for the development of upstream and downstream industries. Under the guidance of policy, the mineral resources income should be transformed reasonably. Government should invest the proceeds of mineral resources in material capital and human capital. Government also should invest the proceeds of mineral resources in external industries and projects that require large initial capital or long construction cycles, such as those essential infrastructure sectors: education, health, transportation and energy. In this way, the integration of urban and rural development will be realized and the rural-urban income disparity will be reduced.

Sign in / Sign up

Export Citation Format

Share Document