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In this paper, we take stock of recent debates in scholarly work and actual policymaking practice on industrial policy. Moreover, the paper identifies how developing countries are responding to structural trends such as digitalization, decarbonization and recalibration of global production, which are shaping the future of industrial …
Bangladesh, marking its 50th Anniversary in March 2021 – went through periods of upheavals in getting its path back to development. The country attained remarkable progress on many indicators.
Developing Countries Developing countries are countries whose standard of living, income, economic and industrial development remain more or less below average. A further downgrade takes place vis-à-vis the least developed countries of the fourth world. According to the IMF definition, there are 152 developing countries with a current ...
Agriculture is a major source of food and income for poor and rural s living in developing countries; yet, agricultural systems are increasingly threatened by changing climate conditions that compromise their productivity and resilience. Over time, international aid has provided support to the agricultural systems of recipient …
Healthy, sustainable and inclusive food systems are critical to achieve the world's development goals. Agricultural development is one of the most powerful tools to end extreme poverty, boost shared …
As a result, capable developing countries are in urgent need of nurturing green technology and industrial capacity to prevent being completely shut out of the global green value chains and ...
T1 - The Traditional Industrial Sector in Developing Countries. T2 - An Update on Its Role and Functioning. AU - Scoville, James G. PY - 1986/7. Y1 - 1986/7. N2 - Abstract. In the theory of urban labor markets in less developed countries, levels of traditional industrial sector incomes, are a key determinant of modern sector skilled wages ...
While FDI is commonly regarded as a catalyst for economic growth especially in developing countries, the evidence from the FDI-growth literature suggests that the growth-enhancing effects of inward FDI are typically dependent upon developing countries' absorptive capacities in order to maximise the benefits stemming from the …
industrial sectors appears to be at an all-time high. Over the past five years alone, at least 84 countries have issued industrial policy statements or explicit policy frameworks for ... many developing countries of policies to promote GVCs and GVC-led development strategies (WIR13). Such policies encourage and support economic activities that ...
Accelerating progress towards Sustainable Development Goal (SDG) 9 – encompassing industry, innovation and infrastructure – has never been more crucial and requires a new way of thinking about …
be difficult for developing countries to develop a dynamic and competitive industrial sector, which is so essential for achieving sustainable development . I ndustry is at the heart of the
Despite a diminishing role in industrial countries, the manufacturing sector continues to be an engine of economic growth in most developing countries.
With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in …
Some countries have to lag behind the rest of the world in terms of global economic development or 2. Developed countries will have to devote part of their labor and capital investment to (re ...
In light of the conversation around the need for scholarly research into business engagement with grand challenges in developed and developing countries (Jamali et al., 2019; Rodell et al., 2017; Wright & Nyberg, 2017), there is a growing parallel debate on whether simple frames of reference anchored in Anglo-Saxon traditions are …
The committee will explore technology solutions to boost industrial energy efficiency in developing countries in the context of a thematic dialogue on industrial energy efficiency. During the thematic dialogue, country practitioners will present replicable examples from industries related to power generation and the steel sector.
Following a break in popularity in the 1990s, industrial policy is once again capturing attention around the world as a driver of economic and broader societal goals. …
Considering our focus on developing countries, we have removed all countries from our initial sample classified as high income by the World Bank at the end of each of the periods (1970-1990 and 1991-2014). Moreover, we also dropped countries with a population of less than 1 million from our analysis to eliminate potential
The Industrial Development Report 2022 reveals that countries with stronger manufacturing capabilities and more diversified industrial sectors have weathered both the economic and the health impact of the COVID-19 pandemic better than their peers. Findings documented in the report strongly reaffirm the centrality of Sustainable …
The development of private sector industrial clusters can provide, among other things, human resources, employment, capital, technology and services for the further development of centralised cities. ... INDSTAT2 provides industrial production data on 22 industrial sectors for over 150 countries from 1963 to 2011. The database classifies …
UNIDO, is a specialized agency in the United Nations system, headquartered in Vienna. The Organization's objective is the promotion and acceleration of industrial development in developing countries and countries with economies in transition and the promotion of international industrial cooperation.
The ETD is built using primary data sources. It is not an update of time series from an existing sectoral dataset. In contrast to the widely used GGDC 10-sector database (Timmer et al. 2015), the ETD (1) has better coverage of low-income developing countries, (2) distinguishes 12 sectors in the International Standard Industrial …
low- to middle-income countries.6,7 This disparity highlights a significant challenge: low-income countries, with fewer productive and competitive manufacturing sectors, are at a disadvantage. The intensification of industrial strategies in advanced economies could exacerbate global divides, posing additional challenges for developing …
Considering our focus on developing countries, we have removed all countries from our initial sample classified as high income by the World Bank at the end of each of the periods (1970–1990 and 1991–2014). ... Geographic remoteness represents a major constraint to the development of a strong industrial sector due to the difficulty of ...
where ISP is industrial sector productivity, INFD is infrastructure development and Σ CV i t is a vector of control variables which comprise capital, labour, lending rate, credit to private sectors and military expenditure for the representative countries. Industrial sector productivity is proxied by labour productivity which is the …
Despite the positive role played by industrialization in economic development in the countries of East Asia and Europe, recent statistics indicate a decreasing role of industrialization in economic development in Africa. ... which aims at industrial development as a key sector to lead the country to a diversified and semi …
low- to middle-income countries.6,7 This disparity highlights a significant challenge: low-income countries, with fewer productive and competitive manufacturing …
vi Contents Page 109 Impact of COVID-19 on firms: Drop in sales, profits and employment by firm category, 2019–2021 1110 Elasticity of employment: The gender gap, …
With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in …
To foster the adoption of Industry 4.0, governments should raise the awareness of the private sector, promote investments and facilitate financing for the deployment of Industry 4.0. Policy-makers in …
The Industrial Development Report 2022 reveals that countries with stronger manufacturing capabilities and more diversified industrial sectors have weathered both …
Developing countries' experiences Latin America One of the main differences between developed and developing countries lies in the level of industrialisa-tion. Developing countries are either in the process of industrialisation or are pre-industrial and almost entirely agrarian. Developing countries comprise less than 40% of global GDP.
9.5 Enhance scientific research, upgrade the technological capabilities of industrial sectors in all countries, in particular developing countries, including, by 2030, encouraging innovation and ...
The voices raised against "industrial policy" in the economics profession have long achieved a choral force. However, historical evidence suggests that the public authorities of virtually all of the small number of non-western economies that achieved "developed" economic status in the past two centuries have used industrial policy to impart …
The starting point of this chapter is the acknowledgment that industrial policies have always accompanied the growth process of rich countries and that, for this reason, they should be considered as a permanent feature of the 'constitution of markets' and an essential part of their functioning (Dosi, 1988).Government intervention has indeed a …