Technological Breakthrough: Dominant Priorities, Factors, and Trends of Industrial Growth

2019 ◽  
pp. 61-69
Author(s):  
V. N. Shcherbakov
2021 ◽  
Vol 1 (1) ◽  
pp. 129-141
Author(s):  
Sheriff G.I. ◽  
Adie E. ◽  
Nwokedi L.O.

The study examined China’s presence in Africa, the warm reception it has received from African states into the continent, the benefits Africa stands to gain from the relationship as well as other emerging issues. In order to arrive at a reliable outcome, the work utilized descriptive research design and obtained data from secondary sources such as textbooks, journals, research articles, magazines, newspaper, the internet, etc. While the analysis of the data was enhanced through the tool of content analysis, the linkage approach, which emphasizes the important connection between the domestic factor and the states actions and decisions at the international scene, was adopted as framework for the study. In all, the findings suggested that there are a lot of benefits accruing to Africa as a result of its relation with China. These were highlighted and discussed under various headings covering investment, training and technology transfer, scholarship, free interest loans, forum on China-Africa Cooperation (FOCA), job creation and skill acquisition. The study also pointed out the flip sides of China’s engagement in Africa. These issues, which are also emerging, include: human right abuse, Job loss due to competition, spying accusation and loss of confidence in China, wrong political influence and the piling up of debt traps through interest free loans. Some recommendations were made to ensure that both parties – China and Africa- mutually benefit from this engagement. Thus: Efforts should be made to sustain the relationship in such a way that both sides can benefit mutually. This could be attained by being opened and transparent in all the dealings by both parties; African states should seize the current opportunity of their engagement with China to develop their needed infrastructure and acquire the necessary skills and knowledge for their economic and industrial growth because delay may be dangerous; China should write its name in the annals of African technological breakthrough history by genuinely transfer more technology to African for self-reliance and development; All the issues considered as flip side in this study must be looked into, especially the issues of human rights abuse, wrong political influence and piling up of debt for the unborn generations; Finally, we believe that there is no engagement anywhere in the world that is devoid of issues but the ability to resolve them is what defines the texture and the contour of such engagement. Therefore, they must work hard to settle any issue that may arise between them, including the spying allegation leveled against China.


2015 ◽  
pp. 5-24 ◽  
Author(s):  
B. Zamaraev ◽  
T. Marshova

The article examines the state of production capacity of Russian industry. It is shown that in spite of certain positive shifts, the rate of technological modernization in recent years has been insufficient for marked progressive changes in the capacity structure and quality. In contrast to the industrial growth after the crisis of 1998 that took place in the presence of significant reserves of capacity, the current level of idle capacity is much lower. The lack of mass input of modern and high-tech industries objectively limits the possibilities of import substitution and economic growth.


Think India ◽  
2016 ◽  
Vol 19 (1) ◽  
pp. 35-41
Author(s):  
Sreekumar Ray

Ethics in Business are keywords in any business environment which are lacking in most of the cases. In a broad sense ethics means not to cheat others and to do the business in an honest way, to abide by the rules and regulations of the soil, and above all to keep the morale high so that the business can grow to a new height in long run. Unfair means and unethical business practices to earn money quickly are often fraught with the danger of losing the business permanently or losing the goodwill and respect of society. West Bengal has got bad reputation for industrial growth and fake chit funds and it has been named as ponzy capital of India by many as 72 out of 86 fake chit funds are in the state of West Bengal (as per the Report of Ministry of Corporate Affairs, Govt. of India). On the other hand the micro finance company Bandhan which has got Banking license last year (set up in 2001 in West Bengal) and Eins Edutech the company which was originally incorporated on March 9, 1983, as Ganpat Udyog in West Bengal are worth mentioning and at ease one can feel proud of them. As on 17th April, 2015 the latter company has got market capital of Rs.700 crore with its fixed assets, as per its balance sheet, as only two cell phones and one printer. As per monthly status of Bandhan in February 2015 it has 2,022 branches, 63,66,269 borrowers, 15,956 staff, loan disbursed for the month Rs.1,572 crores, and loan outstanding Rs.8,908 crores. Under such situation, this study focuses on the ethical business environment prevailing in West Bengal and the strategies adopted by them.


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