Suchergebnisse

Economic zone or export processing zone in a country is a purpose-built industrial park with infrastructure designed to suit the needs of foreign as well as local investors. In order to tempt foreign investors into the zones the host developing countries offer a variety of incentives. By encouraging and motivating the multinational companies to settle their Greenfield investments in developing countries, the economic zone scheme acts as a tool for empowering the local economy to gain multiple capabilities and go global increasingly to facilitate income convergence between the industrialized and the developing countries through equitable sharing of the gains from trade. Nonetheless, it is not a magic wand. Its experiences in Malaysia and Bangladesh clearly show that it can create wonder only when it is appropriately designed and managed. It is suggested that Bangladesh borrows a leaf from the rich experiences of Malaysia's economic zone model, to restructure and revitalize her economic zone scheme for greater success.

AbstractGlobalisation is the economic policy of the integration of national economies with the global economy on the basis of free market competition. It is a neoliberal prescription for industrialisation and growth of the emerging economies of the South, and a project of capital accumulation for the capitalist North through a process of securing a disproportionate share of the benefits at the expense of the developing South. The content analysis and Malaysia's globalisation experience support the hypothesis that globalisation has great potential to contribute to the industrialisation and growth of emerging economies, while at the same time showing that the way it is practised indicates that it is a deceptive game of the North and cannot be entirely trusted to emancipate the developing economies. The paper suggests a policy of target-oriented 'inclusive globalisation' to ensure an equitable share of the benefits of specialisation and globalisation.

Population explosion of the last century necessitated adoption of a population stabilization policy internationally but without due consideration of its paradoxical impacts on future world economic and environmental sustainability and progress of civilization. Population stabilization policy makes world fertility level (projected) to fall below the replacement level by 2043. This will result in a declining work-age population endangering economic and environmental sustainability particularly during 2050 and beyond. This study has made an attempt to highlight this paradox of population stabilization policy in terms of its impacts on economic and environmental sustainability. It analyses the catch of the need for a declining population in order to maintain a stable population. It also analyses the time taking process of changing fertility habit of the human community under the concepts of 'child bearing habitual gap' and 'work-age formation gap'. It argues that for a progressive and sustainable world economy a greater and rising work-age population is required and observes that world needs to maintain population growth at a rate balanced in terms of countries and earth's absorption capacity.

AbstractThere is a continuing academic debate on corporate social responsibility (CSR), its goals and practices, and its impact on business and society. Following this debate, this study has made a critical investigation of CSR practices of business enterprises with a view to examining their spirit, intentions and roles in terms of pristine business goals. After analyzing the contents of pertinent literature (126 articles, of which 89 are empirical) in both developed and developing country contexts, the study finds that corporate managers are still less concerned about the meaning and essence of pristine business goals and the true goals and role of CSR. They practice CSR largely in a voluntary philanthropic fashion to build public image and primarily enhance business profit, not necessarily for social wellbeing. Their CSR practices have been found to be more of a cosmetic and face‐saving marketing strategy, undermining the social wellbeing goal for sustainable development. The CSR movement, therefore, needs reformation.