scholarly journals Role of CPEC in Energy and Industrial Development of Pakistan

2021 ◽  
Vol VI (I) ◽  
pp. 74-90
Author(s):  
Muqarrab Akbar ◽  
Muhammad Tahir Hassan ◽  
Mian Tahir Ashraf
Keyword(s):  
Industrial Development ◽  
Industrial Sector ◽  
Energy Crisis ◽  
Energy Projects ◽  
Full Benefit ◽  
Economic Zones ◽  
Game Changer ◽  
Industrial Economic

China Pakistan Economic Corridor (CPEC) has been identified as a "game-changer" for Pakistan. Pakistan is facing two vital issues in recent times; one, the energy crisis and second, the lack of industrial capabilities. This paper explores that how CPEC is helpful in resolving the issue of the energy crisis in Pakistan. The industrial development in Pakistan through the CPEC project is also discussed in this research. Different energy projects and special industrial economic zones initiated under CPEC are discussed in this research. The research is supported by a survey conducted from 300 students of BS and MA level from different universities of South Punjab. The research concludes that CPEC seems to be helpful in resolving the energy crisis and the development of the industrial sector. However, the pace of working on these projects is slow, and the policymakers in Pakistan need to revise their strategy to get the full benefit from CPEC.

scholarly journals CPEC and Energy Rejuvenation: A Road to Improvement

2019 ◽  
pp. 154-170
Author(s):  
Fauzia Mubarik ◽  
Javeria Shabbir
Keyword(s):  
Qualitative Research ◽  
Wind Power ◽  
Research Study ◽  
Energy Crisis ◽  
Electricity Distribution ◽  
Special Economic Zones ◽  
Sales Revenue ◽  
Qualitative Research Study ◽  
Economic Zones

This qualitative research study aims to investigate the role played by the established special economic zones under the program of the China-Pakistan Economic Corridor to improve and upgrade the energy sector in Pakistan. The key role of China under the Joined Cooperation Committee formed in 2013 has paved ways for Pakistan to bring profound stability in the energy crisis being faced by Pakistan which is also evident from its most recent investment of 33.45 billion Rupees under the CPEC mega energy project respectively. The availability of approximately 10,000 megawatts electricity to the National Grid of Pakistan in the year 2018 is near to its accomplishment phase. However, this accomplishment poses itself many challenges that may halter the smooth reviving of the energy and power crisis. The challenge of bridging the gap between the purchase prices of the electricity distribution companies (DISCOS) and the sales revenue generated as well as the inclusion of more hydropower projects because of them being less expensive than the wind power projects respectively.

scholarly journals Infrastructure development and economic complexity in South Africa Running title: Can infrastructure development influence economic complexity?

2021 ◽  
Vol 26 ◽  
pp. 488-501
Author(s):  
Richard Chauke ◽  
Thobeka Ncanywa
Keyword(s):  
South African ◽  
Growth And Development ◽  
Industrial Development ◽  
Infrastructure Development ◽  
Social Infrastructure ◽  
Economic Complexity ◽  
Public Corporations ◽  
Economic Infrastructure ◽  
Economic Zones

South African economy comprises of a narrow range of exports and an over-dependence on the primary production. These challenges hindered the growth and development of the country as well as the continent. One of the ways to enhance growth and development is through the improvement of economic complexity which measures productive capabilities of sophisticated products that countries export. The study seeks to find the role of investing in infrastructure development has on economic complexity using South African data. The autoregressive distributive lag approach was employed using yearly data spanning from 1960 to 2018. Results indicate that investing in government economic infrastructure has a negative and robust impact on economic complexity. Investment on government social infrastructure and public corporations’ infrastructure can positively influence economic complexity. It can be recommended that there should be policies to support industrial development that targeted incentivising economic infrastructure development. The development should prioritize specific geographical areas such as special economic zones to improve the lives of citizens, boost the economy, attract foreign direct investment and create jobs.

The Increasing Role of the Real Sector in Building a Post-Industrial Economic System

2021 ◽  
Vol 26 (12) ◽  
pp. 1367-1371
Author(s):  
A. S. Shatrovskaya
Keyword(s):  
Economic System ◽  
Industrial Development ◽  
High Tech ◽  
Real Sector ◽  
The Real ◽  
Services Sector ◽  
National Economic ◽  
Post Industrial ◽  
Industrial Economic

Aim. The presented study aims to examine international experience and current domestic practices to develop scientifically grounded proposals for Russia’s transition towards a post-industrial economic system based on the integration between the real sector and the high-tech services sector in the context of globalization.Tasks. The authors analyze the classical foundations of the post-industrial economic system and develop a mechanism for its formation under modern conditions; determine the key characteristics of the real sector and characterize its relationship with the financial sector and the services sector in the process of building and developing a post-industrial economic system; identify the fundamental problems that hinder Russia’s transition towards a post-industrial economic system; identify the key elements of the modernization of the national economic policy aimed at strengthening innovation susceptibility and transparency, which is an essential prerequisite for the transition towards a postindustrial economic system; justify the need for the formation of a high-tech real sector and its integration with the high-tech services sector within the framework of a systemic production process.Methods. This study critically analyzes the classical concepts of a post-industrial economic system that determines the behavior of economic entities at various levels as well as existing views on the mechanism of its construction. Analytical tools are used to propose a modification of the fundamentals of the transition towards a post-industrial economic system in the context of global competition and economic instability. The related directions of changes in the national economic policy are substantiated and their target function is determined.Results. The study, which is aimed at building a post-industrial economic system, shows the increasing role of the high-tech real sector and its relationship with the high-tech services sector. This allowed the authors to justify the necessity of forming a single conceptual model of the systemic production process that would unite all high-tech sectors of the economy, with the predominant development of the real sector. The implementation of such a model will ensure Russia’s transition towards a post-industrial economic system, taking into account the opportunities and risks introduced by globalization.Conclusions. The prospects for the post-industrial development of the Russian economy and the regulatory role of the government as the manager of post-industrial development on the basis of the increasing role of the real sector are determined.

scholarly journals Formation of an Innovative Stratergy for Industrial Business in the Context of Economy Digitalization

2020 ◽  
pp. 24-31
Author(s):  
Vladimir Klimuk ◽  
Anastasiya Dzhikiya
Keyword(s):  
Industrial Development ◽  
Innovation Policy ◽  
Continuous Process ◽  
Industrial Sector ◽  
Innovative Strategy ◽  
Goods And Services ◽  
Industrial Enterprises ◽  
Graphical Tool ◽  
Goods Market

As a result of growing competition in the market of industrial goods and services, the mechanism of sustainable development of the industry is a continuous process of generating innovations. Moreover, the development of innovations is one of the first elements of the industrys competitiveness mechanism along with testing innovations and bringing them into use. The innovations which have successfully passed the stages of approbation and implementation, or the so-called “useful” innovations, present the basic complex of competitive advantages of the industry, its new vector of development, what is a tool of operational management of the countrys (regions) innovation policy which provides a set of specific tasks and mechanisms for the development of the system. The work pays attention to the study of corresponding methods and tools for the formation of an innovative strategy, taking into account the starting positions of the development of society and economy, and new conditions for the development. As a general methodological base, the authors chose the principles of the system methodology and the institutional approach to analyzing the role of innovative tactics of industrial enterprises in developing an effective strategy in the context of economy digitalization. The authors analyze and substantiate the role of “useful” innovations in industrial development in the context of growing competition in the industrial goods market. The researchers offer a tool for assessing the effectiveness of industrial policy based on indicators evaluating the effectiveness of the industrial sector. The authors also analyze the calculated indicators, including with the use of the proposed graphical tool. The types of strategies for the development of a new direction of policy, i.e. neo-industrialization, are presented. A set of main components influencing the level of industrial development, taking into account the barriers to neo-industrialization is added.

scholarly journals THE LEGAL ASPECT OF INDUSTRIAL RELATIONS PRACTICE IN BANGLADESH

2020 ◽  
Author(s):  
Tasnuva Mahbub Chowdhury ◽  
Mohammed Rahel
Keyword(s):  
Industrial Development ◽  
Legal Aspect ◽  
Industrial Relations ◽  
Industrial Sector ◽  
Essential Elements ◽  
Short Period ◽  
Adequate Education ◽  
Real Scenario ◽  
Labour Disputes

The role of labour and industrial laws is of paramount importance when the economy of a country depends largely on its industrial sector. In addition, the necessary infrastructure for investments in natural resources is also important. It is clear that if these essential elements are not available then the growth of the industrial sector is hardly feasible. Besides all these, the proper management of labour is essential for the growth of the industrial sector including managing labour issues. Thus timely disposal of labour disputes is also important. However, in most cases labour law disputes are not solved within a short period of time causing remedies which are essential for these disputes to be delayed. Labour laws are important from the Bangladesh perspective as it is crucial for the industrial development of the country. Labour is an important part of an industry and as such an industry without labour would be inconceivable. Although labour rights are crucial in Bangladesh, employees are ignorant about their rights as they do not have adequate education and knowledge about labour laws. This is a huge problem. This paper aims to narrow the gap between existing laws and the real scenario relating to industrial practices in Bangladesh.

scholarly journals TASK FOR POST-CRISIS IN ROMANIA: THE DEVELOPMENT OF INDUSTRY

2013 ◽  
Author(s):  
Marcela Danu
Keyword(s):  
Industrial Development ◽  
Technological Development ◽  
Industrial Sector ◽  
Economic Activities ◽  
Short Term ◽  
Qualitative And Quantitative ◽  
Solid Foundation ◽  
The Eu ◽  
Economic And Financial Crisis

The present paper illustrates the role of industry in economic and social development of Romania, in the context of the propagated effects of the contemporary economic and financial crisis and mission that is in the recovery of gaps in relation to EU countries. The dynamic of the industrial sector after 1989, highlighting the continuing decline in its contribution to the GDP formation and changing industry structure in favor of industries producing consumer goods. The situation has changed, however, after the crisis, the industry producing capital goods coming back in force, and hosting the entire sector. Significant is that the development of the Romanian industry must integrate into a viable and sustainable formula, scientific research and technological development with environmental quality. Moreover, the qualitative and quantitative dimensions of industrial development in Romania should be integrated in the dynamic dimensions of the EU, with all the implications and costs derived from this, in the short term. The plea for industrial development in the post-crisis period is supported by the need to ensure a solid foundation for the development of other economic activities specific to the primary and tertiary sectors.

The Role of Territories of Priority Development in Dealing with Problems of Import Independence

2016 ◽  
Vol 5 (4) ◽  
pp. 65-69
Author(s):  
Скрыль ◽  
Tatyana Skryl
Keyword(s):  
Russian Federation ◽  
Industrial Sector ◽  
Successful Implementation ◽  
Federal Law ◽  
Working Mechanism ◽  
The Russian Federation ◽  
The Government ◽  
Point Of Intersection ◽  
Economic Zones

The article identifies priority areas and trends of the government to accelerate economic growth by attracting investment in the industrial sector. The article discusses different approaches and scholarly positions of a number of domestic and foreign economists regarding the desirability of one or another of industrial policy and its effectiveness. The author, drawing on the results of functioning of free economic zones in the Russian Federation, justifies the strategic importance of formation and implementation mechanism of the territories of priority development for the successful modernization of the industrial sector in Russia. The article presents the institutional matrix of formation of the territories of priority development, described in detail its elements, strict interconnection which allows the mechanism to work effectively. The author evaluates and analyzes the strengths and weaknesses of this matrix to determine which of them worked out in the Federal law of the Russian Federation and which require immediate action from the state for successful implementation in practice of the mechanism of the territories of priority development. The author introduced the priority point of intersection of interests of state and business is the need of the formation of the working mechanism of return of private capital and modernization of current technologies. In Russia, this problem can be solved in the framework of implementation of the territories of priority development.

The Vital Role of Cybernetics in Industrial Development

1996 ◽  
Vol 10 (3) ◽  
pp. 170-174
Author(s):  
Claire L. Zepka ◽  
Kevin Warwick
Keyword(s):  
Computer Technology ◽  
Industrial Development ◽  
Industrial Sector ◽  
Vital Role ◽  
Entire System ◽  
Recent Past ◽  
Business Operation ◽  
Communication Control ◽  
Tremendous Impact

In the recent past, computer technology has had a tremendous impact on the industrial sector. Often the computer is simply part of an overall system, either substituting for, or working in cooperation with, people. The key issue is the operation of the entire system, including computers and people and involving important aspects of communication, control and information processing — in other words, cybernetics. The authors discuss how cybernetics has become a vitally important part of successful industrial and business operation. They focus particularly on the benefits for industry when it links with the higher education sector in this field.

Plasma therapy a possible hope to fight against COVID-19

2020 ◽  
Author(s):  
Ravikant Piyush ◽  
Aroni Chatterjee ◽  
Shashikant Ray
Keyword(s):  
Middle East ◽  
Severe Acute Respiratory Syndrome ◽  
Viral Disease ◽  
Plasma Therapy ◽  
Therapeutic Drugs ◽  
Wild Fire ◽  
The World ◽  
Short Span ◽  
Game Changer

The world is currently going through a disastrous event and a catastrophic upheaval caused by the coronavirus disease 2019 (COVID-19). The pandemic has resulted in loss of more than 150000 deaths across the globe. Originating from China and spreading across all continents within a short span of time, it has become a matter of international emergency. Different agencies are adopting diverse approaches to stop and spread of this viral disease but still now nothing confirmatory has come up. Due to lack of vaccines and proper therapeutic drugs, the disease is still spreading like wild fire without control. An Old but very promising method- the convalescent plasma therapy could be the key therapy to stop this pandemic. This method has already proven its mettle on several occasions previously and has been found to be effective in curing the pandemics induced by Ebola, severe acute respiratory syndrome coronavirus (SARS-CoV) and Middle East respiratory syndrome coronavirus (MERS-CoV). The severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) belongs to the same group of β-Coronavirus that has resulted in the above diseases. Therefore, the role of plasma therapy is being explored for treatment of this disease. In this review, we have mainly focused on the role of convalescent plasma therapy and why its use should be promoted in fight against COVID-19, as it could turn out to be a game changer.

MIDC Role in Infrastructural Development in Navi Mumbai

2016 ◽  
Vol 4 (1) ◽  
Author(s):  
Prashant H. Bhagat
Keyword(s):  
Industrial Development ◽  
Industrial Sector ◽  
Vital Role ◽  
The State ◽  
Infrastructure Development ◽  
Industrial Areas ◽  
Industrial Estates ◽  
Development Corporation ◽  
Set Up ◽  
Industrial Development Corporation

The BID (Board of Industrial Development) framed the legislation and it was introduced before the state legislation and passed in the form of Maharashtra Industrial Act which gave birth to Maharashtra Industrial Development Corporation (MIDC), as a separate corporation on August 1, 1962. The BID was the first personnel strength of MIDC. A small ceremony at Wagle Estate Thane, under the Chairmanship of the Chief Minister Shri Y.B. Chavan, marked the birth of MIDC on August 1, 1962. The Board of Industrial Development during its existence between October 1, 1960 and August 1, 1962 has done enough spade work to identify the locations for setting up industrial areas in different parts of the state. Thus, right in the first year of establishment MIDC came up with 14 industrial areas, to initiate action for infrastructure and help entrepreneurs set up the industrial units in those areas. Maharashtra Industrial Development Corporation is the nodal industrial infrastructure development agency of the Maharashtra Government with the basic objective of setting up industrial areas with a provision of industrial infrastructure all over the state for planned and systematic industrial development. MIDC is an innovative, professionally managed, and user friendly organization that provides the world industrial infrastructure. MIDC has played a vital role in the development of industrial infrastructure in the state of Maharashtra. As the state steps into the next millennium, MIDC lives up to its motto Udyamat Sakal Samruddhi i.e., prosperity to all through industrialization. Indeed, in the endeavor of the state to retain its prime position in the industrial sector, MIDC has played a pivotal role in the last 35 years. MIDC has developed 268 industrial estates across the state which spread over 52653 hectares of land. The growth of the Corporation, achieved in the various fields, during the last three years, could be gauged from the fact that the area currently in possession of MIDC has doubled from 25,000 hectares in 1995.

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