export of primary commodities. These included Rubber, Palm Oil, Timber and Tin. At the time, manufacturing comprised 9%, much of it from the first industrial estate at Petaling Jaya outside Kuala Lumpur. Early industrialisation took the form of import substitution – the production of goods needed by the population, such as clothing. The New economic Policy, 1971-90 * Oil exports were fuelling the growth of export-orientated industries. Non-agricultural began to exceed agricultural employment. Various
Words: 491 - Pages: 2
understandable because the policies pursued by the Left Front government have earned the confidence of the investors and an ambience of rapid industrial development has been created in the state. The chambers of commerce and industries, big industrial houses, foreign and domestic investors and even the die-hard critics of the Left have been appreciating the role of the state government and its policy framework. It needs to be mentioned that the process of industrial development of West Bengal
Words: 3543 - Pages: 15
1 POLICY REFORMS AND TRADE LIBERALIZATION IN BANGLADESH I. MAIN FEATURES OF BANGLADESH ECONOMY GDP and its composition. During the fiscal year 2002-2003, the GDP of Bangladesh stood at around $52 billion. The growth rate of GDP has picked up in recent years. Thus, during 1980-90, it grew annually at 3.7 per cent on average, barely above the population growth rate. On the other hand, it approached an average annual rate of 5 per cent during 1991-2002. The relative shares of consumption and
Words: 6665 - Pages: 27
high growth to alleviate poverty and raise the standard of living. Development of Thought: Changes in the policy packages towards deregulation, liberalization and opening up of the economy were initiated in the late 70s and early 80s but it was not until 1991 that major economic reforms were undertaken. The major changes in India's economic reforms fall broadly under five heads-industrial, trade, financial, fiscal and monetary. However these measures of stabilization are not by themselves enough
Words: 4584 - Pages: 19
empirically validate our hypothesis with a comprehensive data analysis. The recession in the US market and the global meltdown termed as Global recession have engulfed complete world economy with a varying degree of recessional impact. World over the impact has diversified and its impact can be observed from the very fact of falling Stock market, recession in jobs availability and companies following downsizing in the existing available staff and cutting down of the perks and salary corrections. Various
Words: 6647 - Pages: 27
Introduction The purpose of a strategic plan is to help an organization to become more efficient, because a plan focuses the energy, resources, and time of everyone in the organization to reach a common goal and objective. An industrial relation approach formulate strategies to meet the challenges, can help Star Industries take advantage of opportunities and minimize any threats. Therefor resources become more efficient and Star Industries can conduct the business more successfully, despite changes
Words: 2178 - Pages: 9
With our world becoming more and more dependent on the decisions we make that effect our environment around us, it’s our job to maintain and innovate new ideas to sustain environmental health. The principal impediment to a sustainable society is our internal wiring. Put simply, humans evolved in an environment of scarcity and our brains are poorly adapted to restrain our appetites in a climate of abundance even when our ‘executive’ brain warns us that our civilization has overextended the limits
Words: 3986 - Pages: 16
now economic policy. UNIT-II Trend and pattern of industrial growth; review of industrial policy developments; industrial licensing policy; liberalisation of the private sector; trends and issues in corporate management; growth and problems of the small scale sector; public sector reforms and privatisation the problem of industrial sickness; MRTP Act, SICA and Industrial Disputes Act. UNIT-III Development banks for corporate Sector (IDBI, IFCI, ICICI) - trends pattern and policy; regulation
Words: 21473 - Pages: 86
Harnessing Urbanization for Growth and Poverty Alleviation. Across the five domains of the Urban Strategy, the series provides a focal point for publications that seek to foster a better understanding of the core elements of the city system, pro-poor policies, city economies, urban land and housing markets, urban environments, and other issues germane to the agenda of sustainable urban development. Cities and Climate Change: Responding to an Urgent Agenda is the first title in the Urban Development Series
Words: 23444 - Pages: 94
even better than the global standards. Out of these four, only the Hotel – Taj Mahal Hotel was established during his lifetime. Traditional paternalism; fair and honest management; business ethics and philanthropy are widely recognized as the Tata industrial ethos. Set up at Jamshedpur, in Eastern India, Tata Steel is currently among the global top 10 steel companies with crude steel capacity of over 28mt annually. It operates in 26 countries with commercial presence in over 50 countries, making it
Words: 2883 - Pages: 12