The Role of Manufacturing in Sustainable Economic Development: A Case of Guangzhou, China

Economic development is the natural requirement of urban sustainability. Faced with uncertainty in society, including economic crisis and risk, the ability to reduce the stress and increase the security of economic life should be considered. World cities, deeply impacted by globalization and urbanization, deserve more attention with respect to the economic dimension of sustainable development. This study explored the role of manufacturing in the sustainable economic development of world cities, based on research in Guangzhou, China. This paper applies the grounded theory method, whereas data collection was performed through in-depth semi-structured interviews and field observations. This research found industrial interactions between manufacturing and a variety of relevant advanced producer services facilitate industrial upgrading and diversity, which exert positive effects on the city’s economic dimension of sustainable development.

Download Full-text

The Role of Technology to Achieve Sustainable Economic Development in Africa

GATR Global Journal of Business Social Sciences Review - GATR Global Journal of Business and Social Science Review (GJBSSR) Vol.7(1) Jan-Mar 2019 ◽

10.35609/gjbssr.2016.4.2(5) ◽

2016 ◽

Vol 4 (2) ◽

pp. 30-41

Author(s):

Sally M. Farid

Keyword(s):

Sustainable Development ◽

Economic Development ◽

African Countries ◽

Potential Growth ◽

Annual Series ◽

Development Indicators ◽

Telecommunications Infrastructure ◽

Sustainable Economic Development ◽

The World

Objective - The purpose of this paper is to study how the technological innovation can achieve and promote sustainable development particularly in Africa. It considers forms of innovation technology that could enhance sustainable development. Methodology/Technique - The data used in this paper includes 54 African countries and the study period is from 2000 to 2014, using data on IT that measures the stock of telecommunications infrastructure as telecommunications investment. The GDP series represents annual real GDP in the prices of 2000. Annual series for IT and GDP were collected from the World Development Indicators of the World Bank database in 2015. Findings - The paper presents the concept and strategies of Sustainable Economic Development, discusses existing technologies in sustainable development, shows the role of technology in sustainable development, and presents the information and communication technology to promote economic development in Africa and the obstacles to set up policies for innovation technology in Africa. Novelty - The results have major implications. Firstly, the access to telecommunications services contributes towards economic growth. Secondly, an appropriate regulatory environment is necessary to realize the potential growth in telecommunications demand generated by increased income. Type of Paper - Empirical Keywords: Technology; Sustainable Economic Development; ICT in Africa.

Download Full-text

Analyzing the Role of Islamic Finance in Kuwait Regarding Sustainable Economic Development in COVID-19 Era

Sustainability ◽

10.3390/su14020701 ◽

2022 ◽

Vol 14 (2) ◽

pp. 701

Author(s):

Salah Alhammadi

Keyword(s):

Economic Development ◽

Best Practices ◽

Management Strategies ◽

Islamic Finance ◽

Islamic Banking ◽

Banking And Finance ◽

Sustainable Economic Development ◽

Grounded Theory Method ◽

The Impact

The aim of the present study was first to consider the impact of COVID-19 on Kuwait’s economy. Second, it attempted to examine the role of Islamic banking and finance in achieving socioeconomic justice and attaining best practices by securing social goods. Hence, the research assessed how Islamic banking and finance can help in reconstructing the economy based on Maqasid Al-Shari’ah (higher ethical objectives) to redevelop social, economic, and environmental welfare, especially in the COVID-19 era. A theoretical approach was adopted, namely, the grounded theory method (GTM), to explore COVID-19 related solutions for achieving sustainable economic development. The findings show that Islamic banking and finance can be employed to mitigate the impact of coronavirus and can be used as an alternative financial system to support both affected people and entrepreneurs. The paper expands on previous literature discussing the role of Islamic finance in management strategies through Islamic ethical objectives, with a particular focus on Kuwait’s post-COVID-19 era. This research can help policymakers to develop mechanisms and supporting approaches for Kuwait’s economy.

Download Full-text

Key Role of Education in the Framework of Achieving the Goals of Sustainable Economic Development

Regular issue - International Journal of Management and Humanities ◽

10.35940/ijmh.a0439.114319 ◽

2019 ◽

Vol 4 (3) ◽

pp. 43-45

Keyword(s):

Economic Growth ◽

Sustainable Development ◽

Economic Development ◽

Labor Market ◽

Young People ◽

Economic Life ◽

Business Activity ◽

Level Of Education ◽

The World

The article is devoted to the goals of sustainable development aimed at achieving economic growth in the world, creating conditions for stimulating the economy in order to expand the boundaries of business activity of young people, achieve the principles of competitiveness and the demand for specialists in the labor market. It is proved that the favorable criteria for economic achievements are the level of education of the population, its mobile susceptibility to critical thinking and self-motivation. Attention is focused on the key importance of education necessary for sustainable development, ensuring the formation of citizens' knowledge, skills, attitudes and values for their active participation in social and economic life.

Download Full-text

The Role of Zakat on Sustainable Economic Development by Rumah Zakat

International Conference of Zakat ◽

10.37706/iconz.2020.208 ◽

2020 ◽

pp. 355-370

Author(s):

Selamat Muliadi

Keyword(s):

Sustainable Development ◽

Economic Development ◽

Secondary Data ◽

Community Empowerment ◽

Economic Empowerment ◽

The Sustainable Development ◽

Sustainable Economic Development ◽

Process Output ◽

Development Goals

This study aimed to explain conceptual the role of Zakat on sustainable economic development by Rumah Zakat. Rumah Zakat is a philanthropic institution that manage zakat and other social funds through community empowerment programs. In running the program, including economic empowerment and socio health services are designed for these recipients. Rumah Zakat connection with the establisment of SDGs (Sustainable Development Goals) which is to help impoverished recipients economically and socially. The primary goal of Zakat on sustainable economic development, not only limited to economic variables, but based on Islamic principles has comprehensive characteristics. The characteristics includes moral, material, spiritual and social aspects. In other words, sustainable economic development is closely related to improving people living standar. The purpose of this study was to identity the role of Zakat on sustainable economic development, which was applied by Rumah Zakat. This study used the descriptive method and qualitative analysis. The data source was secondary data collected from documents and texts related to the research topic, be it books, articles, newspapers, journals or others. The results showed that the role of zakat on sustainable economic development by rumah zakat has been quite good and in accordance with the principle of Islamic economics. The contribution of the program productive implementation has been aligned with four goals in the sustainable development i.e. Senyum Juara, Senyum Lestari, Senyum Mandiri and Senyum Sehat. Performance of Rumah Zakat in the sustainable economic empowerment community taking into account dimensions such as input, process, output and outcome.

Download Full-text

Framing the role of higher education in sustainable development: a case study analysis

International Journal of Sustainability in Higher Education ◽

10.1108/ijshe-05-2020-0164 ◽

2021 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Suzanna Elmassah ◽

Marwa Biltagy ◽

Doaa Gamal

Keyword(s):

Higher Education ◽

Sustainable Development ◽

Educational Leaders ◽

Primary Data ◽

Study Analysis ◽

Structured Interviews ◽

Content Type ◽

Case Study Analysis

Purpose Higher education institutions (HEIs) should play a fundamental role in achieving the international 2030 sustainable development (SD) agenda. Quality education is the fourth of the sustainable development goals (SDGs), and one of the targets related to this is to ensure that by 2030 all learners acquire the knowledge and skills needed to promote SD. Therefore, the SDGs provide a motive for HEIs to integrate SD concepts into their day-to-day practices. This study aims to introduce a framework for HEIs’ sustainable development assessment. Such a framework guides HEIs and educational leaders to support their countries’ commitments to achieving the SDGs. Design/methodology/approach This paper presents the results of a case study analysis of the role and successful techniques of HEIs in achieving SD in three countries, namely, Germany, Japan and Egypt. Primary data was collected by semi-structured interviews with three Cairo University officials, while secondary data was collected by reviewing the universities' official websites, reports, publications and related papers. This study introduces a novel framework for HEIs' SD analysis and assessment, which guides HEIs and educational leaders to support SD to fulfill their countries' commitments to achieving the SDGs. This framework is based on the following five categories: strategic direction and institutional working practices, supporting students, supporting university staff competencies, supporting society's stakeholders and networking and sustainable campus. Consideration is given to the potential role of HEIs to support SD in each of these areas. Findings Cairo University could learn from the novel and pioneer practices of the Leuphana University of Lüneburg, and the University of Tokyo to fill in the gaps it has in different roles. It can also put more effort into adopting the suggested higher education programs of Egypt's Vision 2030. Research limitations/implications This paper is limited to a case analysis comparing three countries, Germany, Japan and Egypt. Second, this study has not considered school education, which is equally essential in countries' SD. Practical implications HEIs can use the framework and the findings in this paper to evaluate their current roles in supporting SD, identify the gaps and take actions accordingly to address their weaknesses. Originality/value The paper compares three universities, one in each of the case study countries. It draws conclusions that identify ways in which the paper's framework and findings can guide SD practice in HEIs internationally, especially those in the developing world.

Download Full-text

The Role of Entrepreneurial Performance in Supporting Economic Development of Countries: An Empirical Approach

Entrepreneurship Research Journal ◽

10.1515/erj-2020-0445 ◽

2021 ◽

Vol 0 (0) ◽

Author(s):

Valentina Diana Rusu ◽

Angela Roman

Keyword(s):

Economic Growth ◽

Economic Development ◽

Social Progress ◽

Entrepreneurial Performance ◽

Panel Data Estimation ◽

Positive Effects ◽

National Competitiveness ◽

Key Factor ◽

Future Economic Development

Abstract Entrepreneurship is recognized as one of the factors stimulating economic growth and increasing economic competitiveness. In addition, the Europe 2020 Strategy has focused its attention on entrepreneurship as a key factor of economic growth, social progress, and employment. In this context, our study examines the role of entrepreneurial performance for sustaining the development of countries, focusing on a sample of European countries. We attempt to reveal if increasing entrepreneurial performance would have significant influence on improving the economic position of countries and their future economic development. Starting from the OECD-Eurostat Entrepreneurship Indicators Programme we use a set of entrepreneurial performance indicators as independent variables and examine to what extent they can influence competitiveness and economic growth, seen as dependent variables of the models. We focus on a period of 10 years (2008–2017) and we apply panel-data estimation techniques. Because the period considered includes the period of the last international financial crisis, we also include in our analysis a dummy variable. Our results emphasize that the changes in entrepreneurial performance play a significant role in enhancing national competitiveness and economic growth. Our findings contribute to the expansion of literature in the field by providing evidence on the correlation of indicators that measure entrepreneurial performance with national competitiveness and economic growth. Moreover, our findings point out the need of the policy makers to adopt measures and policies that help and stimulate entrepreneurs to become more performant because they can generate positive effects to the economy as a whole.

Download Full-text

The role of farm-to-table activities in agritourism towards sustainable development

Tourism Review ◽

10.1108/tr-02-2021-0101 ◽

2021 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Siti Fatimahwati Pehin Dato Musa ◽

Wei Lee Chin

Keyword(s):

Sustainable Development ◽

Local Community ◽

Three Dimensions ◽

Structured Interviews ◽

Content Type ◽

Local Agriculture ◽

Balanced Approach ◽

Agriculture Industry ◽

Food Activism

Purpose The purpose of this paper is to evaluate the role of farm-to-table (FTT) activities in agritourism towards sustainable development based on three agritourism farms in Brunei. Design/methodology/approach The study is based on qualitative data using semi-structured interviews with 23 participants involved in the management of the farms. In-depth interviews are considered the most appropriate approach to gain the unexplored perspectives of the agriculture community at the three agritourism farms. Findings The study found that FTT activities imparted in agritourism contribute towards sustainable development economically, socially and environmentally. FTT leads to the establishment of small medium and micro enterprises, which, in turn, creates employment for the local people. It also plays a part in preserving the ethno-culinary heritage of indigenous food, promoting food localism and sustainable agriculture. These findings suggest that FTT activities play an important role in revitalizing the local community. The outcome of this empirical research may enable planners to better formulate regional policy based on a balanced approach taking into account the three dimensions of sustainability towards agritourism development. From a theoretical standpoint, this study adds value to the literature by identifying the contributions of FTT activities towards sustainable development emphasising on the consumption of local ethnic food and food localism. Originality/value The contributions of agritourism for local farms has not been extensively discussed especially in Brunei’s local agriculture industry. This study will provide evidence that FTT activities contribute towards a moderate form of food activism; one that re-forges the disrupted linkages between people, nature and cultural heritage.

Download Full-text