Pakistan has over 20 million internet users and is ranked as one of the top countries that have registered a high growth rate in internet penetration. Overall, it has the 27th largest population of internet users in the world. ECONOMIC The World Economic Forum, assessing the development of Information and Communication Technology in the country
Economic development – A regional perspective The economic reforms have positively contributed towards the nation’s development in a macro perspective. Improvement in trade relations between nations and the free movement of goods and services led to increased growth in the economy. Thus the globalisation and liberalised economic policies by different nations has gradually frayed many national and state economic institutions. Globalisation has also played a key role in industrial development and
ensuring sustained and inclusive economic growth. Inclusive growth attempts to bridge the various divides in an economy and society, between the rich and the poor, rural and urban populace and between one region and another. Access to a well-functioning financial system, by creating identical opportunities, enables economically and socially excluded people to integrate better into the economy, so as to actively contribute to development and protect themselves against economic shocks. The role of the financial
After independence when India launched the task of nation building, it chose the path of planned development. This was flagged off with the launching of Five-Year Plans. Since economic development was conspicuously poor, planners focused more on economic development defined mainly as the growth of GNP, which was symbolized by new factories, dams, mega projects, mining etc (Kaviraj 1996: 116). Dams were even referred to as the ‘temples of modern India’ and as symbols of progress and prosperity. Though
An effective utilization of human resources can boost the development of India. Hence, both Central Government and State Governments have prepared the number of plans for the economic development. Among the many plans, one of the plans is establishment of Special Economic Zone (SEZ). The very purpose of establishing SEZ is providing all infrastructural facilities, marketing assistance, financial assistance and incentives in all aspects. If all the facilities are provided, certainly, many entrepreneurs
am in charge of teaching on area development management, economic territory organization and regional development planning, so I have concentrated on three research orientations to get more knowledge and practical experience servicing for teaching and education. + Along with the industrial-based development, there should be area-based development. The area-based development is of important significance. In order to improve the quality of an area-based development project, it is necessary to conduct
products. In 2012, the total industry revenues are $245 billion (180 billion euros), with an industry revenue growth of 3.4% over the last five years. According the table, except the decreasing growth rates from 2008 to 2009, due to the worldwide economic crisis, the cosmetic industry keeps a considerable increase speed, around 4% per year, which offers a powerful supporting sign that the industry is
Latest developments in information technology, transport facilities and communication technology have accelerated the pace of globalisation in recent years. The increased use of internet has enabled fast global communication and timely delivery of goods. Nowadays, goods are packed into containers and transported by cargo ships. The use of containers and cargo ships enabled the companies to transport vast quantities of goods and commodities across the world at low costs. With the rise of social media
Abstract: Entrepreneurship plays an important role in the growth and development of national economies. This study looks at two highly developing countries, the India and Mexico, and compares entrepreneurial ecosystem activity in both countries. Mainly six characteristics are analyzed which contribute to the differences that impact entrepreneurial ecosystem. These include culture, finance, R & D transfer, business support, policy, Human capital, infrastructure and markets. For the analysis of data
Poverty has been one of the drawbacks in economic development activities. Coleman (1999) argues that the lack of access to capital in less developed countries resulted in severe poverty in those countries. Everything around the people in Less Developed Countries (LDCs) revolves in a cyclical and unpredictable manner, whereby access to little or no capital and the production on a very small-scale basis makes it more unbear-able for the individuals to accumulate savings, acquire relevant assets and