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Energy Use Efficiency (Hardcover): Almas Heshmati Energy Use Efficiency (Hardcover)
Almas Heshmati
R1,607 R1,395 Discovery Miles 13 950 Save R212 (13%) Ships in 18 - 22 working days
Energy Economics and Policy in Developed Countries (Hardcover): Almas Heshmati Energy Economics and Policy in Developed Countries (Hardcover)
Almas Heshmati
R1,413 R1,236 Discovery Miles 12 360 Save R177 (13%) Ships in 18 - 22 working days
Poverty and Well-Being in East Africa - A Multi-faceted Economic Approach (Hardcover, 1st ed. 2016): Almas Heshmati Poverty and Well-Being in East Africa - A Multi-faceted Economic Approach (Hardcover, 1st ed. 2016)
Almas Heshmati
R3,402 Discovery Miles 34 020 Ships in 10 - 15 working days

This volume is a collection of selected studies on poverty and well-being in East Africa. Using a multidimensional approach, the authors hope to provide a broad view of poverty and a thorough account of the variables that contribute to it. As opposed to traditional studies of poverty, which focus mainly on material well-being, this volume includes criteria such as material standard of living, health, education, housing, personal security, access to information, freedom, participation in organization, corruption, trust, and employment. The studies highlighted in this volume are grouped into the following four research areas: child poverty and malnutrition, dynamics and determinants of poverty, multidimensional measures of poverty, and energy-environment-poverty relationships. Together, these studies provide a comprehensive picture of the state of multidimensional poverty, its measurement, causal factors, and policies and practices in Burundi, Cameron, Ethiopia, Kenya, Madagascar, Malawi, Mozambique, Nigeria, Rwanda and Tanzania. The methodology utilized in the studies is diverse as well, ranging from econometric analysis to decision theory, to neoclassical growth models. This book is geared towards students and researchers interested in economic development, welfare, and poverty in Africa as well as policy makers and members of NGOs and international aid agencies.

The Development of Renewable Energy Sources and its Significance for the Environment (Hardcover, 2015 ed.): Almas Heshmati,... The Development of Renewable Energy Sources and its Significance for the Environment (Hardcover, 2015 ed.)
Almas Heshmati, Shahrouz Abolhosseini, Joern Altmann
R2,604 R1,838 Discovery Miles 18 380 Save R766 (29%) Ships in 10 - 15 working days

This book analyzes the effects of power generated by renewable energy sources, renewable energy production technologies, energy efficiency, and market regulation of carbon emissions. It elaborates on how these parameters have direct and indirect effects on carbon emission reduction, such as the results of an environmental tax that could directly reduce carbon emissions by decreasing fossil fuel consumption or by stimulating energy savings through technological innovation, as well as how renewable energy sources can affect both economic growth and the environment. In addition to a detailed analysis of the interrelationships between renewable energy consumption, production technology, and market regulation, The Development of Renewable Energy Sources and its Significance for the Environment proposes a model for measuring the effectiveness and results of the interaction between these links. Furthermore, a structure for a marketplace of renewable energy sources is put forward, as well as an outline of the requirements that must be met in order for this market to function. Suitable policy recommendations to enhance the market for renewable energies are also provided.

Productivity, Efficiency, and Economic Growth in the Asia-Pacific Region (Hardcover, 2009 ed.): Jeong-Dong Lee, Almas Heshmati Productivity, Efficiency, and Economic Growth in the Asia-Pacific Region (Hardcover, 2009 ed.)
Jeong-Dong Lee, Almas Heshmati
R4,197 Discovery Miles 41 970 Ships in 18 - 22 working days

Productivity growth is a keyword for sustainable economic growth in a knowledge-based society. There has been significant methodological development in the literature on productivity and efficiency analysis, e.g. SFA (Stochastic Frontier Analysis) and DEA (Data Envelopment Analysis). All these methodological developments should be matched with applications in order to provide practical implications for private and public decision-makers. This volume provides a collection of up-to-date and new applications of productivity and efficiency analysis. In particular, the case studies cover various economic issues in the Asia-Pacific region. The authors analyze the performance of manufacturing firms, banks, venture capital, broadcasting firms, as well as the issues of efficiency in the education sector, regional development, and defense industry. These case studies will shed light on the potential contribution of productivity and efficiency analysis to the enhancement of economic performance.

Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa (Hardcover, 1st ed. 2016): Almas... Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa (Hardcover, 1st ed. 2016)
Almas Heshmati
R2,685 Discovery Miles 26 850 Ships in 18 - 22 working days

This edited volume focuses on economic integration, currency union, and sustainable and inclusive growth in East Africa. It consists of twelve interrelated studies that provide a comprehensive picture of the state and determinants of economic development and cooperation among countries in East Africa, such as Burundi, Ethiopia, Kenya, Rwanda and Tanzania. The contributions are grouped into five parts: economic integration and its effects on trade; common currency and exchange rate; research, innovation, and knowledge, and shadow economics and corruption; inclusive and sustainable growth; and the conflict-growth nexus and reconstruction. This book will appeal to scholars and decision makers looking for the necessary tools and determinants of economic development and cooperation in East Africa.

Globalization, the Human Condition and Sustainable Development in the Twenty-first Century - Cross-national Perspectives and... Globalization, the Human Condition and Sustainable Development in the Twenty-first Century - Cross-national Perspectives and European Implications (Paperback)
Arno Tausch, Almas Heshmati; Foreword by Ulrich Brand
R769 Discovery Miles 7 690 Ships in 10 - 15 working days

Based on a 175 nation study, this book investigates the relevance of dependency theory to the success of 8 different dimensions of development and argues that the pro-globalist policies of the European Commission are the greatest threat to Europe's future developmental performance.

Economic Transformation for Poverty Reduction in Africa - A Multidimensional Approach (Hardcover): Almas Heshmati Economic Transformation for Poverty Reduction in Africa - A Multidimensional Approach (Hardcover)
Almas Heshmati
R4,229 Discovery Miles 42 290 Ships in 10 - 15 working days

This book is an edited volume which contains empirical studies on determinants of poverty and its reduction in Africa. It looks at multidimensional measures of poverty, production and productivity-related factors, policies influencing poverty and random, hazardous but preventive factors influencing poverty levels and their reduction. The book argues that we need to account for different dimensions of poverty, when it is measured and classified, and for identifying the determinants of poverty and factors reducing poverty. The studies in the volume provide readers with a comprehensive picture of the state of poverty, its measurement, causal factors and efficient policies and practices in poverty reduction on the African continent as a whole and also in selected countries.

Globalization, the Human Condition and Sustainable Development in the Twenty-first Century - Cross-national Perspectives and... Globalization, the Human Condition and Sustainable Development in the Twenty-first Century - Cross-national Perspectives and European Implications (Hardcover)
Arno Tausch, Almas Heshmati; Foreword by Ulrich Brand
R2,430 R1,958 Discovery Miles 19 580 Save R472 (19%) Ships in 10 - 15 working days

'Globalization, the Human Condition and Sustainable Development in the Twenty-first Century: Cross-national Perspectives and European Implications' is a cross-national, 175 nation based exploration of the deep crisis in which Europe currently finds itself. Investigating the effects of dependency theory and world systems theory upon the global success of eight dimensions of development - including democracy, environmental sustainability, employment, social cohesion, high quality tertiary education and gender justice - this study argues that the current European crisis has been precipitated by the pro-globalist policies of the European Commission.

The comprehensive analysis of this study reveals the magnitude of Europe's errors. Lowering comparative price levels and increasing dependency on large, transnational corporations, as correctly predicted by Latin American social science of the 1960s and 1970s, emerges as one of the most serious developmental blockades confronting Europe in global society, whilst increases in military expenditure, as proposed by Article 42.3 of the European Union's Lisbon Treaty, are another large stumbling block against development. The harmful potential of these blockades is severe.

The book's 175-nation investigation shows that Europe's failure to develop its own MNC headquarter status in the global economy is a key factor that has hindered its developmental performance. This examination, which duly takes into account the control variables proposed by neoclassical economics and contemporary sociology/political science, also demonstrates the potential outcomes of several alternative scenarios, mainly those proposed by the political Left in Europe, and summarizes the effects of globalization on the environment and ecological vulnerability. What this analysis makes most clear is Europe's need for change: without amending its pro-globalist policies, the continent will learn nothing from its current crisis - and is destined to compete in a destructive "race to the bottom."

Economic Growth and Development in Ethiopia (Hardcover, 1st ed. 2018): Almas Heshmati, Haeyeon Yoon Economic Growth and Development in Ethiopia (Hardcover, 1st ed. 2018)
Almas Heshmati, Haeyeon Yoon
R4,718 Discovery Miles 47 180 Ships in 10 - 15 working days

This volume is a collection of selected empirical studies on determinants of economic growth and development in Ethiopia.The core argument for editing this book is to provide an up-to-date picture of the state and patterns of growth and development in Ethiopia. Ethiopia has been under focus in the past due to draughts, war, famine, development changes and the effects of global economic crisis in the country. A main contribution of this volume is that it helps identify selected important determinants of growth and development in Ethiopia and provides an estimation of their effects using up-to-date data, modelling and methods. Taken together the studies provide a comprehensive picture of the state of growth and development, their measurements, causal relationships and evaluation of efficient policies and practices in achieving progress in Ethiopia. The issues covered represent major challenges to the government and development organizations who are aiming at achieving higher growth and alleviating poverty in the country. The studies cover transition from rural agriculture to urban industry and the development of services.

Economic Growth - The New Perspectives for Theory and Policy (Hardcover, 2014 ed.): Tai-Yoo Kim, Almas Heshmati Economic Growth - The New Perspectives for Theory and Policy (Hardcover, 2014 ed.)
Tai-Yoo Kim, Almas Heshmati
R4,254 R3,453 Discovery Miles 34 530 Save R801 (19%) Ships in 10 - 15 working days

This book shows that the existing theories on economic growth have clear limitations in terms of how much they can effectively contribute to actual economic growth. Therefore, this book presents a more effective theory on economic growth for countries and leaders looking to promote economic growth. It is essentially centered around the theory of economic growth and theory of national development, written for agricultural developing countries pursuing industrialization and late-starting industrialized countries pursuing their own development. Nevertheless, it also makes a significant contribution to the very development of human civilization through the growth of developing countries, late-starting industrialized countries and early industrialized countries throughout the world.

Economic Fundamentals of Power Plant Performance (Hardcover): Almas Heshmati Economic Fundamentals of Power Plant Performance (Hardcover)
Almas Heshmati
R4,655 Discovery Miles 46 550 Ships in 10 - 15 working days

Stability of the electricity industry is crucial for economic growth of all nations. Sustainable economic growth cannot be accomplished without secured energy supply. The book underlines how management of the electricity industry should be conducted and the efficient form of electricity market structure. The book also studies the electricity industry in Korea which has been a strongly supportive and vital factor in the economic development of Korea for the last few decades. The book focuses on the three market players of the electricity market and they are the suppliers, consumers and the government-related organizations. It includes detailed information on generation and finances at the generator level and analyzes the efficiency differences among generators, plants and business units by using different performance measurement methods. It identifies and analyzes different production factors' effectiveness and relationships in generation. The comprehensive analysis helps to provide explanations in the differences in the performance of the studied units. The book also discusses the implications of the findings for future resource allocation and how we can further enhance the efficiency of the industry. The book will appeal to those interested in energy and energy policies, as well as researchers and practitioners in the economic development and electricity and utilities industry.

Efficiency and Competitiveness of International Airlines (Hardcover, 1st ed. 2016): Almas Heshmati, Jung-suk Kim Efficiency and Competitiveness of International Airlines (Hardcover, 1st ed. 2016)
Almas Heshmati, Jung-suk Kim
R2,854 R1,860 Discovery Miles 18 600 Save R994 (35%) Ships in 10 - 15 working days

This book focuses on the factors that support the strengths of international airlines in general and the Asian airline carriers in particular. Defining the quality of human capital as the level of education and the competence of airline employees, it analyzes the efficiency of 39 airlines in various regions, both in terms of production and cost structures. It argues that, despite Asia's well-developed and globally competitive manufacturing sector, aided by open market practices, its overall service sector still lags far behind more advanced economies. As this does not stop Asia-based carriers from generally being more efficient than their counterparts in Europe and North America, the book investigates how competitiveness analysis of the airline industry can help Asian policymakers better prepare for the liberalization of the service sector, given how crucial this aspect is for the future growth of the Asia-Pacific region. Efficiency and Competitiveness of International Airlines offers a valuable resource for policymakers, airline employees, and researchers and students of microeconomics.

Determinants of Economic Growth in Africa (Hardcover, 1st ed. 2018): Almas Heshmati Determinants of Economic Growth in Africa (Hardcover, 1st ed. 2018)
Almas Heshmati
R4,254 Discovery Miles 42 540 Ships in 18 - 22 working days

This volume is a collection of selected empirical studies on determinants of economic growth in Africa. Grouped into three parts, chapters examine the influence of financial sources and economic growth; sources of productivity growth; and prices, exchange rates and trade relationships with growth in regions in Africa or the continent as a whole. This edited book is authored by African experts in the field who employ diverse up-to-date data and methods to provide robust empirical results based on representative firms, household surveys and secondary country level data covering individuals or multiple countries on the continent. It contains a wealth of empirical evidence, deep analyses and sound recommendations for policymakers and researchers for designing and implementing effective social and national policies and strategies to prevent and to reduce poverty and its negative effects on poor households and in poor regions. The volume will be a useful resource for policymakers and researchers involved in promoting economic growth and fighting poverty. It will also appeal to a broader audience interested in economic development, resource economics, policies, economic welfare and inclusive growth.

Economic Fundamentals of Power Plant Performance (Paperback): Almas Heshmati Economic Fundamentals of Power Plant Performance (Paperback)
Almas Heshmati
R1,426 Discovery Miles 14 260 Ships in 10 - 15 working days

Stability of the electricity industry is crucial for economic growth of all nations. Sustainable economic growth cannot be accomplished without secured energy supply. The book underlines how management of the electricity industry should be conducted and the efficient form of electricity market structure. The book also studies the electricity industry in Korea which has been a strongly supportive and vital factor in the economic development of Korea for the last few decades. The book focuses on the three market players of the electricity market and they are the suppliers, consumers and the government-related organizations. It includes detailed information on generation and finances at the generator level and analyzes the efficiency differences among generators, plants and business units by using different performance measurement methods. It identifies and analyzes different production factors' effectiveness and relationships in generation. The comprehensive analysis helps to provide explanations in the differences in the performance of the studied units. The book also discusses the implications of the findings for future resource allocation and how we can further enhance the efficiency of the industry. The book will appeal to those interested in energy and energy policies, as well as researchers and practitioners in the economic development and electricity and utilities industry.

Economic Transformation for Poverty Reduction in Africa - A Multidimensional Approach (Paperback): Almas Heshmati Economic Transformation for Poverty Reduction in Africa - A Multidimensional Approach (Paperback)
Almas Heshmati
R1,367 Discovery Miles 13 670 Ships in 10 - 15 working days

This book is an edited volume which contains empirical studies on determinants of poverty and its reduction in Africa. It looks at multidimensional measures of poverty, production and productivity-related factors, policies influencing poverty and random, hazardous but preventive factors influencing poverty levels and their reduction. The book argues that we need to account for different dimensions of poverty, when it is measured and classified, and for identifying the determinants of poverty and factors reducing poverty. The studies in the volume provide readers with a comprehensive picture of the state of poverty, its measurement, causal factors and efficient policies and practices in poverty reduction on the African continent as a whole and also in selected countries.

The Development of Renewable Energy Sources and its Significance for the Environment (Paperback, Softcover reprint of the... The Development of Renewable Energy Sources and its Significance for the Environment (Paperback, Softcover reprint of the original 1st ed. 2015)
Almas Heshmati, Shahrouz Abolhosseini, Jörn Altmann
R1,878 Discovery Miles 18 780 Ships in 18 - 22 working days

This book analyzes the effects of power generated by renewable energy sources, renewable energy production technologies, energy efficiency, and market regulation of carbon emissions. It elaborates on how these parameters have direct and indirect effects on carbon emission reduction, such as the results of an environmental tax that could directly reduce carbon emissions by decreasing fossil fuel consumption or by stimulating energy savings through technological innovation, as well as how renewable energy sources can affect both economic growth and the environment. In addition to a detailed analysis of the interrelationships between renewable energy consumption, production technology, and market regulation, The Development of Renewable Energy Sources and its Significance for the Environment proposes a model for measuring the effectiveness and results of the interaction between these links. Furthermore, a structure for a marketplace of renewable energy sources is put forward, as well as an outline of the requirements that must be met in order for this market to function. Suitable policy recommendations to enhance the market for renewable energies are also provided.

Productivity, Efficiency, and Economic Growth in the Asia-Pacific Region (Paperback, Softcover reprint of hardcover 1st ed.... Productivity, Efficiency, and Economic Growth in the Asia-Pacific Region (Paperback, Softcover reprint of hardcover 1st ed. 2009)
Jeong-Dong Lee, Almas Heshmati
R4,027 Discovery Miles 40 270 Ships in 18 - 22 working days

Productivity growth is a keyword for sustainable economic growth in a knowledge-based society. There has been significant methodological development in the literature on productivity and efficiency analysis, e.g. SFA (Stochastic Frontier Analysis) and DEA (Data Envelopment Analysis). All these methodological developments should be matched with applications in order to provide practical implications for private and public decision-makers. This volume provides a collection of up-to-date and new applications of productivity and efficiency analysis. In particular, the case studies cover various economic issues in the Asia-Pacific region. The authors analyze the performance of manufacturing firms, banks, venture capital, broadcasting firms, as well as the issues of efficiency in the education sector, regional development, and defense industry. These case studies will shed light on the potential contribution of productivity and efficiency analysis to the enhancement of economic performance.

Determinants of Economic Growth in Africa (Paperback, Softcover reprint of the original 1st ed. 2018): Almas Heshmati Determinants of Economic Growth in Africa (Paperback, Softcover reprint of the original 1st ed. 2018)
Almas Heshmati
R4,231 Discovery Miles 42 310 Ships in 18 - 22 working days

This volume is a collection of selected empirical studies on determinants of economic growth in Africa. Grouped into three parts, chapters examine the influence of financial sources and economic growth; sources of productivity growth; and prices, exchange rates and trade relationships with growth in regions in Africa or the continent as a whole. This edited book is authored by African experts in the field who employ diverse up-to-date data and methods to provide robust empirical results based on representative firms, household surveys and secondary country level data covering individuals or multiple countries on the continent. It contains a wealth of empirical evidence, deep analyses and sound recommendations for policymakers and researchers for designing and implementing effective social and national policies and strategies to prevent and to reduce poverty and its negative effects on poor households and in poor regions. The volume will be a useful resource for policymakers and researchers involved in promoting economic growth and fighting poverty. It will also appeal to a broader audience interested in economic development, resource economics, policies, economic welfare and inclusive growth.

Economic Growth and Development in Ethiopia (Paperback, Softcover reprint of the original 1st ed. 2018): Almas Heshmati,... Economic Growth and Development in Ethiopia (Paperback, Softcover reprint of the original 1st ed. 2018)
Almas Heshmati, Haeyeon Yoon
R2,887 Discovery Miles 28 870 Ships in 18 - 22 working days

This volume is a collection of selected empirical studies on determinants of economic growth and development in Ethiopia.The core argument for editing this book is to provide an up-to-date picture of the state and patterns of growth and development in Ethiopia. Ethiopia has been under focus in the past due to draughts, war, famine, development changes and the effects of global economic crisis in the country. A main contribution of this volume is that it helps identify selected important determinants of growth and development in Ethiopia and provides an estimation of their effects using up-to-date data, modelling and methods. Taken together the studies provide a comprehensive picture of the state of growth and development, their measurements, causal relationships and evaluation of efficient policies and practices in achieving progress in Ethiopia. The issues covered represent major challenges to the government and development organizations who are aiming at achieving higher growth and alleviating poverty in the country. The studies cover transition from rural agriculture to urban industry and the development of services.

Efficiency and Competitiveness of International Airlines (Paperback, Softcover reprint of the original 1st ed. 2016): Almas... Efficiency and Competitiveness of International Airlines (Paperback, Softcover reprint of the original 1st ed. 2016)
Almas Heshmati, Jung-suk Kim
R1,931 Discovery Miles 19 310 Ships in 18 - 22 working days

This book focuses on the factors that support the strengths of international airlines in general and the Asian airline carriers in particular. Defining the quality of human capital as the level of education and the competence of airline employees, it analyzes the efficiency of 39 airlines in various regions, both in terms of production and cost structures. It argues that, despite Asia's well-developed and globally competitive manufacturing sector, aided by open market practices, its overall service sector still lags far behind more advanced economies. As this does not stop Asia-based carriers from generally being more efficient than their counterparts in Europe and North America, the book investigates how competitiveness analysis of the airline industry can help Asian policymakers better prepare for the liberalization of the service sector, given how crucial this aspect is for the future growth of the Asia-Pacific region. Efficiency and Competitiveness of International Airlines offers a valuable resource for policymakers, airline employees, and researchers and students of microeconomics.

Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa (Paperback, Softcover reprint of the... Economic Integration, Currency Union, and Sustainable and Inclusive Growth in East Africa (Paperback, Softcover reprint of the original 1st ed. 2016)
Almas Heshmati
R2,653 Discovery Miles 26 530 Ships in 18 - 22 working days

This edited volume focuses on economic integration, currency union, and sustainable and inclusive growth in East Africa. It consists of twelve interrelated studies that provide a comprehensive picture of the state and determinants of economic development and cooperation among countries in East Africa, such as Burundi, Ethiopia, Kenya, Rwanda and Tanzania. The contributions are grouped into five parts: economic integration and its effects on trade; common currency and exchange rate; research, innovation, and knowledge, and shadow economics and corruption; inclusive and sustainable growth; and the conflict-growth nexus and reconstruction. This book will appeal to scholars and decision makers looking for the necessary tools and determinants of economic development and cooperation in East Africa.

Poverty and Well-Being in East Africa - A Multi-faceted Economic Approach (Paperback, Softcover reprint of the original 1st ed.... Poverty and Well-Being in East Africa - A Multi-faceted Economic Approach (Paperback, Softcover reprint of the original 1st ed. 2016)
Almas Heshmati
R2,654 Discovery Miles 26 540 Ships in 18 - 22 working days

This volume is a collection of selected studies on poverty and well-being in East Africa. Using a multidimensional approach, the authors hope to provide a broad view of poverty and a thorough account of the variables that contribute to it. As opposed to traditional studies of poverty, which focus mainly on material well-being, this volume includes criteria such as material standard of living, health, education, housing, personal security, access to information, freedom, participation in organization, corruption, trust, and employment. The studies highlighted in this volume are grouped into the following four research areas: child poverty and malnutrition, dynamics and determinants of poverty, multidimensional measures of poverty, and energy-environment-poverty relationships. Together, these studies provide a comprehensive picture of the state of multidimensional poverty, its measurement, causal factors, and policies and practices in Burundi, Cameron, Ethiopia, Kenya, Madagascar, Malawi, Mozambique, Nigeria, Rwanda and Tanzania. The methodology utilized in the studies is diverse as well, ranging from econometric analysis to decision theory, to neoclassical growth models. This book is geared towards students and researchers interested in economic development, welfare, and poverty in Africa as well as policy makers and members of NGOs and international aid agencies.

Economic Growth - The New Perspectives for Theory and Policy (Paperback, Softcover reprint of the original 1st ed. 2014):... Economic Growth - The New Perspectives for Theory and Policy (Paperback, Softcover reprint of the original 1st ed. 2014)
Tai-Yoo Kim, Almas Heshmati
R2,701 Discovery Miles 27 010 Ships in 18 - 22 working days

This book shows that the existing theories on economic growth have clear limitations in terms of how much they can effectively contribute to actual economic growth. Therefore, this book presents a more effective theory on economic growth for countries and leaders looking to promote economic growth. It is essentially centered around the theory of economic growth and theory of national development, written for agricultural developing countries pursuing industrialization and late-starting industrialized countries pursuing their own development. Nevertheless, it also makes a significant contribution to the very development of human civilization through the growth of developing countries, late-starting industrialized countries and early industrialized countries throughout the world.

Economy of Southern Kurdistan (Hardcover, New): Almas Heshmati Economy of Southern Kurdistan (Hardcover, New)
Almas Heshmati
R4,635 Discovery Miles 46 350 Ships in 10 - 15 working days

Southern Kurdistan is a region located in Northern Iraq. Certain aspects in regard to the economy of Southern Kurdistan are covered in this book. These include the labour market policy concerning different public and private employment programs; the mismatch of education produced and skills demanded for development; the economic development plan and policy of the regional government; reconstruction and development capacity building of the region; the highly desired inflow of foreign direct investment to the region; adoption of an industrial development model and industrial policy of the region; limited macroeconomic policy and several other equally important factors such as governance and security.

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