Download or read book Local Content Development as a Sustainable National Economic Strategy written by Ahmed Alhajri and published by . This book was released on 2021 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the pressures of global changes, productive approaches to use local resources present a pathway to sustain or improve living standards. One of these productive approaches is the Local Content Development (LCD) policy, which refers to government policy to promote local sustainable development. Local content development policy can enhance government processes, promote public-private partnerships, advance the business environment, and expand value creation. This dissertation addressed how Local Content Development is an opportunity for countries and organizations to adapt development to local conditions, assets, and talent. This study aimed to evaluate the factors associated with the implementation of local content policy in Oman. The study used the oil and gas industry in Oman as an example of a typical Local Content Development policy that exemplified implementation factors, while the tourism industry is a case study of a target industry to replicate LCD policy. Research questions were answered using evidence collected from open-ended surveys with Omani stakeholders in government and business. Thematic analysis was used to compare concepts derived from literature with data derived from the survey. The findings are based on the rich experiences of major companies and offer valuable input to inform policymaking for other sectors in the contexts of sustainable development. Findings show that the state role, leadership at all levels, stakeholder collaboration, governance and accountability, coherence with national policies, corporate communication, and local capabilities influenced implementation. The absence of these factors, however, hinders effective implementation. This research showed that oil and gas LCD policy experiences provided useful insights on collaborative policymaking and policy implementation processes. Implementation factors are interconnected and applicable to a variety of settings. Replication may not be a complex task but more about leadership and human and organizational behavioral change. In the tourism context, LCD adoption and implementation provide sustainable solutions to enhance how the tourism industry benefits from economic growth. LCD enabling factors appear to exist in the tourism sector based on findings of this research and Omani regulations of Integrated Tourism Complexes the "ITC law". The tourism industry needs leadership and champions to facilitate all other factors in a collaborative approach, as did oil and gas. More broadly, and taking into consideration implementation factors, companies can adopt and implement the Local Content Development framework to enhance their contribution to the local economy and towards the United Nations Sustainable Development Goals (SDG). Overall, this research showed the value of adoption and implementation of Local Content Development as a policy tool to enhance the private sector role to improve social and economic conditions. Local Content Development is an adaptable policy tool and it supports sustainable development principles that seek to improve people's lives, and that could be used for countries, provinces, cities, public, and private organizations, households, and individuals.

Download or read book Local Content Policies in the Oil and Gas Sector written by Silvana Tordo and published by World Bank Publications. This book was released on 2013-07-22 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: A number of countries have recently discovered and are developing oil and gas reserves. Policy makers in such countries are anxious to obtain the greatest benefits for their economies from the extraction of these exhaustible resources by designing appropriate policies to achieve desired goals. One important theme of such policies is the so-called local content created by the sector—the extent to which the output of the extractive industry sector generates further benefits to the economy beyond the direct contribution of its value-added, through its links to other sectors. While local content policies have the potential to stimulate broad-based economic development, their application in petroleum-rich countries has achieved mixed results. This paper describes the policies and practices meant to foster the development of economic linkages from the petroleum sector, as adopted by a number of petroleum-producing countries both in and outside the Organisation for Economic Co-operation and Development. Examples of policy objectives, implementation tools, and reporting metrics are provided to derive lessons of wider applicability. The paper presents various conclusions for policy makers about the design of local content policies.

Download or read book LOCAL CONTENT UNVEILED written by Rotimi Olagbaye and published by Xlibris Corporation. This book was released on 2024-07-24 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local Content: Unlocking the Potential for Sustainable Development in Developing Nations Developing nations are richly endowed with natural resources, cultural heritage, and untapped potential. However, they struggle with inadequate basic amenities, unemployment, and uneven development. Despite decades of foreign exploitation and exploration, local populations have not fully benefited from their resources. This book, “Local Content Unveiled,” aims to bridge this gap by providing a comprehensive exploration of local content principles, insightful case studies, and real-world examples. It seeks to equip government officials, policymakers, professionals, students, and stakeholders with the knowledge to harness local content effectively. By embracing local content principles, developing nations can: - Maximize economic benefits from natural resources - Develop in-country capacities and skills - Foster sustainable development and GDP growth - Create jobs and stimulate local economies - Improve social amenities and infrastructure This book serves as a beacon, guiding stakeholders towards a more holistic and inclusive approach to development, empowering local economies, and unlocking the transformative power of local content.

Download or read book Local Content and Sustainable Development in Global Energy Markets written by Damilola S. Olawuyi and published by Cambridge University Press. This book was released on 2021-03-04 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines critical links between local content requirements and the application of sustainable development treaties in global energy markets.

Download or read book Local Content and Sustainable Development in Global Energy Markets written by Damilola S. Olawuyi and published by Cambridge University Press. This book was released on 2021-03-04 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local Content and Sustainable Development in Global Energy Markets analyses the topical and contentious issue of the critical intersections between local content requirements (LCRs) and the implementation of sustainable development treaties in global energy markets including Africa, Asia, Europe, North America, Latin America, South America, Australasia and the Middle East While LCRs generally aim to boost domestic value creation and economic growth, inappropriately designed LCRs could produce negative social, human rights and environmental outcomes, and a misalignment of a country's fiscal policies and global sustainable development goals. These unintended outcomes may ultimately serve as disincentive to foreign participation in a country's energy market. This book outlines the guiding principles of a sustainable and rights-based approach – focusing on transparency, accountability, gender justice and other human rights issues – to the design, application and implementation of LCRs in global energy markets to avoid misalignments.

Download or read book Local Content and Procurement Requirements in Oil and Gas Contracts written by Damilola Sunday Olawuyi and published by . This book was released on 2017 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines how local content and procurement requirements have evolved in the MENA region. It provides a comparative analysis and profile of LCRs in MENA countries, in order to determine prevailing preferences and legal risk points. It concludes with recommendations on how investors and national authorities can evolve collaborative and achievable LCRs that minimise disputes and legal risks.

Download or read book The Role Of Local Economic Development Policies In The Promotion Of Sustainable Development written by Xue Zhang and published by . This book was released on 2016 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: What role do local governments play in promoting sustainable economic development? This thesis uses the most recent 2014 national survey to analyze the relation between development strategies (business incentives and community economic development strategies) and environment and equity goals, and seeks to differentiate factors driving different policy actions. Municipalities that have both environmental sustainability and social equity goals use higher levels of community economic development tools. These communities are also more likely to have written economic development plans, be driven by new development motivations, and involve more participants in the economic development process. By contrast, communities with higher levels of business incentives have lower income, and are driven by traditional motivations, but they use a larger number of funding sources. Other capacity measures have no effect, and do not differentiate types of economic development strategies. This suggests sustainable economic development strategies can be pursued by a broader array of communities. Results of spatial analysis are similar to OLS regression controlling for geographic differences.

Download or read book Achieving Sustainable Development and Promoting Development Cooperation written by Department of Economic & Social Affairs and published by United Nations Publications. This book was released on 2008 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an overview of the key debates that took place during the Economic and Social Council meetings at the 2007 High-level Segment, at which ECOSOC organized its first biennial Development Cooperation Forum. The discussions also revolved around the theme of the second Annual Ministerial Review, "Implementing the internationally agreed goals and commitments in regard to sustainable development."--P. 4 of cover.

Download or read book Local Content Requirements written by Gary Clyde Hufbauer and published by Peterson Institute for International Economics. This book was released on 2013-10-07 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of the Great Recession of 2008–09, economists feared that protectionist policies might sweep the world economy, echoing the wave of tariff escalations during the Great Depression of the 1930s. To some surprise, officials were more restrained and largely avoided traditional forms of protection (tariffs and quotas), leading some observers to underestimate the incidence of new protectionism. In fact, policymakers increasingly turned to more opaque behind-the-border nontariff barriers (NTBs). Using a combination of statistical analysis and case studies, the authors show that local content requirements (LCRs), a form of NTB, have become increasingly popular. How much was global trade actually reduced on account of LCRs? A conservative estimate might be $93 billion. Case studies featured cover the healthcare sector in Brazil, wind turbines in Canada, the automobile industry in China, solar cells and modules in India, oil and gas in Nigeria, and “Buy American” restrictions on government procurement in the United States.

Download or read book Job Creation and Local Economic Development 2020 Rebuilding Better written by OECD and published by OECD Publishing. This book was released on 2020-11-23 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: The impact of COVID-19 on local jobs and workers dwarfs those of the 2008 global financial crisis. The 2020 edition of Job Creation and Local Economic Development considers the short-term impacts on local labour markets as well as the longer-term implications for local development.

Download or read book Maximizing Development of Local Content Across Industry Sectors in Emerging Markets written by Michael Levett and published by CSIS Reports. This book was released on 2012-05-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines why and how the private sector, nongovernmental development actors, and the U.S. government, particularly USAID, can employ policies and practices to expand local content in order to drive economic development and create economic opportunities.

Download or read book Sub Saharan Political Cultures of Deceit in Language Literature and the Media Volume II written by Esther Mavengano and published by Springer Nature. This book was released on 2024-01-13 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two-volume set charts a cross-disciplinary discursive terrain that proffers rich insights about deceit in contemporary postcolonial Sub-Saharan African politics. In an attempt to produce a nuanced and multifaceted academic dialoguing platform, the two volumes have a particular focus on the aspects of treachery, fear of difference (oppositional politics), and discourses/semiotics of mis/self-representation. The major aim of the proposed volumes is to contribute toward the often problematised conversations about the unfolding (post)colonial Sub-Saharan world which is topical in decolonial and Pan-African studies.The volumes seek to place political thinking and postcolonial political systems under the scholarly gaze with the view to highlight and enhance the participation of African cross-disciplinary scholarship in the postcolonial political processes of the continent. Most significantly, it is through such probing of the limitations of our own disciplinary perspectives which can help us appreciate the complexity of the postcolonial Sub-Saharan African politics. The first volume uses Zimbabwe as a case study, while the second volume examines postcolonial politics in Sub-Saharan Africa more broadly.The first volume uses Zimbabwe as a case study, while the second volume examines postcolonial politics in Sub-Saharan Africa more broadly.The first volume uses Zimbabwe as a case study, while the second volume examines postcolonial politics in Sub-Saharan Africa more broadly.

Download or read book National Oil Companies and Value Creation written by Silvana Tordo and published by World Bank Publications. This book was released on 2011-07-13 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: National Oil Companies (NOCs) directly or indirectly control the majority of oil and gas reserves. As such, they are of great consequence to their country's economy, to importing countries' energy security, and to the stability of oil and gas markets. The paper analyzes the available evidence on the objectives, governance and performance of 20 NOCs from both net importing and net exporting countries, and draws conclusions about the design of policies and measures that are more likely to lead to social value creation. NOCs differ from private companies on a number of very important variables, including the level of competition in the market in which they operate, their business profile along the sector value chain, and their degree of commercial orientation and internationalization. Most share some core characteristics: they are usually tied to the 'national purpose' and serve political and economic goals other than maximizing the firm's profits. This paper introduces a conceptual model to analyze value creation by NOCs that takes into consideration their complex objective function. Our analysis aims to answer the following questions: Are certain corporate governance arrangements more suited than others to promote value creation? Is good geology a pre-condition for NOC value creation? Are there benefits from exposing the NOC to competition from private oil companies? Does the development of forward and backward linkages hamper NOC value creation?

Download or read book Local Economic and Employment Development LEED Organising Local Economic Development The Role of Development Agencies and Companies written by Clark Greg and published by OECD Publishing. This book was released on 2010-04-06 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book identifies how development agencies and companies work, what they do and how they can collaborate and what constitutes success and value added in their efforts to achieve local economic development.

Download or read book Local Content Requirements written by Lili Yan Ing and published by Taylor & Francis. This book was released on 2023-11-06 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: As anti-globalization and geopolitical tensions continue to rise, the use of local content requirements (LCRs) around the world has become more noticeable than ever before. The reasons for adopting LCRs range from ensuring domestic supply availability, job creation, and increasing value added to safeguarding national security. Ing and Grossman examine country-specific as well as firm-product level exercises to explain how LCRs reduce fair competition, resulting in lower trade and productivity, which ultimately lowers world economic output and overall human welfare. Countries around the world are investigated with specific attention to the US, China, Indonesia, and resource-intensive countries, including mining-intensive ones. The book also presents product- and firm-level analyses, answering the question of why countries adopted LCRs and how LCRs actually affect the world economy. This book is a useful resource that will interest policymakers, researchers, and advanced undergraduates interested in international trade, industrial policy, political economy, labour economics, and development economics.

Download or read book Proceedings of the International Conference on Business and Management Dynamics 2016 Sustainable economies in the information economy written by Joy E. Akahome and published by AOSIS. This book was released on 2016-12-31 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cape Town, South Africa, 7 Sept. 2016 – 8 Sept. 2016. Theme: Sustainable economies in the information economy. Purpose: To share the quality academic papers presented at the International Conference on Business and Management Dynamics (ICBMD) held from 7 to 8 September 2016 at African Pride Crystal Hotel and Spa in Cape Town. As grey literature, the proceedings are the contributions made by researchers at the conference and are considered the written record of the work that was presented to fellow conference delegates. Methodology: The methodology used varies from researcher to researcher but are suitable for the studies conducted. Thus, on the one hand, studies that were subjective in nature used the interpretive paradigm, where the qualitative approach adopted made used of the interview method to collect data. On the other hand, studies that were objectively inclined adopted the positivist philosophy and used survey questionnaires to collect data. However, there were some academic papers which used mixed methodology because of the nature of the study. Whatever methodology used adhered to the ethos of the philosophies underpinning the methodology. Contribution made to scholarship: The articles come from individual researchers and each article in the proceedings is unique. Mostly, there is no general argument leading from one contribution to the next. However, it is interesting to note that in the area of economic performance it was evident that real exchange rate and net foreign direct investment contribute more towards innovations in economic growth. With regard to human capital development, papers presented evidence that there exists a definite need to explore the phenomenon of personal branding as limited scientific academic research has been done within the field of personal branding or on elements of the topic. Thus, the outcome argues that personal branding has an influence on leadership style which in turn impacts on organisational performance and related hygiene factors. Furthermore, it was demonstrated that current methods or strategies for enforcing institutionalisation of knowledge sharing within an organisation have not been successful, and, as such, new strategies are needed to reinforce efforts to nurture and invigorate the institutionalisation of knowledge sharing within an organisation. With regard to technology and big data impact on organisational performance, it was evident that system performance, memory consumption and CPU utilisation can be used as criteria to compare and evaluate big data technologies to improve organisational performance. Most of the articles’ contribution reemphasised technology education and training as a means of digitising business and improving effectiveness. Target audience: The target readership is academic researchers and business leaders who require access to the latest developments in the fields of economics, information management, business, education, development studies, social sciences and technology. It is also for policymakers and other stakeholders who need a better understanding of the impact of new developments on existing policies and regulations for their review or amendment.

Download or read book Developing locally written by Beer, Andrew and published by Policy Press. This book was released on 2003-11-26 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the developed world governments have invested substantial sums in local and regional economic development. Many have spent heavily on local development agencies and strategies to bolster competitiveness within world markets. What has been the impact of these actions? How effective are the strategies and processes employed by development agencies? How well funded are development efforts in one nation compared to another, and how are their objectives defined? This book addresses these questions. It: · explores the impact and functioning of economic development agencies; · makes a unique contribution to the emerging literature on economic development agencies by reporting on the results of a cross-national survey of economic development practitioners; · compares the 'institutional architectures' of economic development in Australia, England, the United States and Northern Ireland; · analyses how these institutional arrangements affect individual agencies and their regions. This book is intended for a wide audience including economic development practitioners, local government officers, officials within national or state governments and academics. It provides the reader with a greater appreciation of how local and regional economic development systems operate in different economies and aids understanding of what makes the economic development system in each nation unique. It challenges ideas about the uniformity of economic development efforts and encourages practitioners and policy makers to experiment with and explore strategies used elsewhere.