Especially in the last decade, they have been characterized by rapid economic growth and industrialization. The global financial crisis has led to a reassessment of the role of the state vis-a-vis the private sector in promoting growth and development. development programs and regional planning in the article it is considered the adaptive model of "growth points" with feedback. It also aims to communicate the region‟s industrialization aspirations and provides direction to the private sector, both within and outside of the region. promotion, expansion and sustainable development of Industrial sector of the country. In this perspective, China’s Center for International Knowledge and Development (CIKD) launched the project “Development Zones and Industrial Parks in China and Implications for Other Developing Countries”. United States - United States - Industrialization of the U.S. economy: By 1878 the United States had reentered a period of prosperity after the long depression of the mid-1870s. INDUSTRIALIZATION IN LESS DEVELOPED COUNTRIESIn the two and a half centuries since the Industrial Revolution in England, the process of industrialization has perhaps had more impact on all the nations of the world than any other complex set of forces. regional planning and sufficient investment in social and physical infrastructure at an early stage may help to guide the development of industrial complexes and residential agglomerations, of zones of intensive cultivation and of centers of essential activities into patterns suitably Imbalances in regional infrastructural availability have been a major reason behind lopsided development in India. This Plan proposed the setting up of ‘‘industrial development areas’ in backward regions where ‘basic facilities like power, … As founders of new firms, entrepreneurs increase the supply side of the industrial economy, and by doing so, they challenge the incumbent firms to respond. Regional Economic Development: A Review Andrea Ascani, Riccardo Crescenzi, Simona Iammarino Department of Geography and Environment London School of Economics and Political Science Email: a.ascani@lse.ac.uk Abstract This review offers an analysis of the main concepts explored in the regional and local economic development literature. This paper offers an overview of the above concepts; a survey of the known, frequently applied theories and concepts is followed by the presentation of the ASIAN DEVELOPMENT BANK ADB Economics Working Paper Series Asia’s Industrial Transformation: The Role of Manufacturing and Global Value Chains (Part 1) Jesus Felipe No. In the ensuing 20 years the volume of industrial production, the number of workers employed in industry, and the number of manufacturing plants all more than doubled. It will train the spotlight on Sri Lanka, which is the lead country for BIMSTEC’s cooperation in the technology sector. Attempts to apply general 2. Given the present environment and increasing trend in globalization, the private sector is playing an important role in the industrialization of the country. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests. Such development conditions of regions should be related to two theoretical approaches: 1. the classic concept of regional development, 2. the concept of endogenous regional development. These include poor and inadequate physical infrastructure; erratic power supply; and high fuel and electricity tariffs, all of which impede industrial … This period was followed by a brief period of basic needs development focusing on human capital development and redistribution in the 1970s. IGAD member states have committed their resources, The conference brings together heads of State and experts in business and development from all over the world. DEVELOPMENT POLICY IN UNDERDEVELOPED COUNTRIES THE ROLE OF INDUSTRIALIZATION IN DEVELOPMENT PROGRAMS' By HOLLIS B. CHENERY Stanford University Industrialization is the main hope of most poor countries trying to increase their levels of income. This paper examines the veracity of this argument in light of empirical results at the district level using a multidimensional approach with sub-sectoral, sectoral and composite indices of development and infrastructural availability. Entrepreneurs play an important role in the evolutionary process of regional industries. From the 1940s to the 1960s the state played a large role in promoting industrialization in developing countries, following the idea of modernization theory. Given the geopolitical nature of the recent surge in regional development initiatives, it is clear that ASEAN countries would be better off engaging with donor nations as a collective. Downloadable (with restrictions)! In other words, local and regional economic development is a collaborative endeavour or co-responsibility necessitating the input of myriad different actors. Here we detail about the following nine important roles played by public sector in Indian economy, i.e., (1) Generation of Income, (2) Capital Formation, (3) Employment, (4) Infrastructure, (5) Strong Industrial Base, (6) Export Promotion and Import Substitution, (7) Contribution to Central Exchequer, (8) Checking Concentration of Income and Wealth, and (9) Removal of Regional Disparities. Two recent events, both relating to international organizations, underscore this acceptance. ASEAN Centrality and development. Industrialization of China in the Mao period, in spite of its stormy politics, left a particularly lasting impression for the study of the role of the state in economic development, not least because it contributed to the improvement of health and education of a very large number of people. 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