Low-carbon economy

and global levels. Transport is indispensable for the well-functioning of and development of economic activities, for the production and distribution of goods and services as well as for trade [1]. Road transport plays a very important role in the economy of all nations globally. Road transport is, of all modes of inland transport, the one which has increased the most in all countries in recent times. The road transport industry is the backbone of strong economic and dynamic societies. It is…

central argument of the Asiaphoria by Lant Pritchett and Larry Summers Asiaphoria was first defined by Lant Pritchett and Larry Summers (2014) as a view that Asian Giants, especially China and India will increasingly shape and dominate the global economy. Although many scholars hare the idea that Asian Giants will continue to grow at high growth rate, like Justin (2016) and Pradeep (2015), let alone similar claim from World Bank, Pritchett and Summers do not agree with Asiaphoria and claim that…

Introduction There are two internationalization strategies which play an active role behind the development of small and medium sized enterprises (SMEs): exporting and foreign direct investment (FDI). They either act jointly or individually to affect the growth of such firms. FDI is more effective than exporting strategy for the growth of SMEs. A strategy which incorporates high rate of exporting with high FDI will have obviously higher rates of firm growth. Those firms who take up the…

tourism in 1974, the country has experienced consistent growth and development. Tourism in Bhutan has made major contributions to the economy by generating employment and surplus revenue for the government (Tourism Council of Bhutan, n.d). The tourism industry in Bhutan is based on principles of Gross National Happiness; implementing the strategy of high-value, low volume to prompt economic growth and to diminish poverty (Sasiwan, 2016). Tourism in Bhutan poses a threat to the countries cultural…

OCBC. Therefore, if Temasek model is to be adopted by the Chinese government, it is inevitable that a large amount of privatisation would be necessary. As such, drastic changes and industry restriction would result in an earthquake for the state economy and thus makes it either unrealistic or require a long time…

Bhd. in Philippines can gain competitive advantage easily. This is because Eco-Shop Marketing Sdn. Bhd. focus on low cost strategy. According to Porter (1980), the low cost leadership strategy means that a company attempts to increase its market share by emphasizing low cost compare with its competitors. If a firm want to become the cost leadership, the firm must be become the low-cost producer in its industry and require a great attention to cost control and the level of product quality. If…

limited amount of necessary amenities. Economy hotels are also small and medium sized hotels that provide basic accommodation facilities with little or no services. Extended stay hotels are medium sized hotels that provide long term full service facilities and accommodation compared to other hotels which are also called as service apartments. Destination clubs are a type of property ownership, which are given as accommodation for seasonal usage. A motel is a small low rise lodging with direct…

time and money, which generate income and employment which is helpful to develop our economy. That’s why it is very important to wellbeing of many countries. Before 1947, no one focused on this industry but at the beginning of this century, tourism was considered as an industry or business. Now government has taken essential or useful steps for promoting tourism because tourism is not only helpful in develop the economy other then it is helpful to create new habits, social development,…

Tourism is really important for each country, this industry bring huge sum of money to the national economy. And usually local people support tourism because it provides very big income for them, but after some time line is crossed and locals start notice a lot of negative points. In this part we will talk about different types of consequences of mass tourism. As everything in our life, mass tourism has positive and negative points. First of all, as we already noticed, mass tourism provides huge…

Abstract Tourism is an international activity that includes a combination of economic, political, social and environmental factors with more and more complex consequences. The touristic development creates economic benefits and costs from country to country and from region to region. This is mainly attributed to at the different economic structures of the countries or regions of touristic destinations and by their geographical position. The Historic and cultural objects play an important role in…