scholarly journals Analysis of the Factors for Sustainable Development of Oil and Gas Resources in Tanzania

2020 ◽  
Vol 10 (2) ◽  
pp. 161
Author(s):  
Mashala Lameck Yusuph ◽  
Kisumbe Lazaro Alman

Oil and natural gas have increasingly become potential resources for the socio-economic development of Tanzania. Understanding the factors on its sustainability remains of critical importance. This study intended to analyze the factors for the sustainable development of oil and gas resources in Tanzania. We collected quantitative data from 250 participants through a questionnaire, whereas data collected were analyzed using descriptive and inferential statistics. Results show that institutional development, enterprise development, and good governance are pertinent factors for the sustainable development of oil and gas resources in Tanzania. The study offers the implication that to realize the benefits of oil and gas resources for the long-term development of Tanzania, policymakers should ensure institutional and enterprise development, and promotion of governance framework to enhance transparency and accountability in the oil and gas sector. Moreover, we recommend that the realization of long-term extraction and sustainable development of oil and gas resources in Tanzania, robust policies, strategies, good governance frameworks and combined efforts of the government, oil companies, and private sector, civil organizations, and citizens’ participation in the management of oil and gas resources is of critical importance.

2014 ◽  
Vol 6 (2) ◽  
pp. 191-196 ◽  
Author(s):  
Anthony H. Clayton ◽  
Fritz H. Pinnock ◽  
Ibrahim Ajagunna

Purpose – The purpose of this paper is to critically review the contributions made by the articles in this theme issue with reference to the literature and by examining the linkages between global economic change and the sustainable development efforts of tourism-dependent economies. Design/methodology/approach – The paper reviews the theme issue ' s contribution to four key questions: What are the implications of global economic transformation for tourism? Where will the tourists come from in future? Where will they go? What are the implications for tourism-dependent economies? Findings – The paper concludes that success in tourism can only be determined by measuring the long-term benefits to the investors and other stakeholders. As such, tourism businesses cannot be sustained indefinitely unless the government, the investors and other stakeholders are broadly satisfied with the benefits derived. Research limitations/implications – The paper observes that small, tourism-dependent economies need good governance, shrewd management and, in some cases, the determination to leave behind the failed politics of patronage and corruption that have inflicted so much harm in the past. Originality/value – This article discusses the practical implications and action points arising in response to the question: How might small developing nations achieve long-term sustainable development in a world where the balance of economic output and influence is shifting so rapidly to the emerging industrial powers?


2021 ◽  
Vol 9 (11) ◽  
pp. 1307
Author(s):  
Alexey Cherepovitsyn ◽  
Evgeniya Rutenko ◽  
Victoria Solovyova

Following the principles of sustainable development in the development of oil and gas fields in the Arctic will ensure that hydrocarbon production and transportation operations comply with stringent environmental regulations, the economies of the northern regions become integrated into the national economy of Russia, production systems in the oil and gas sector are upgraded in an innovative manner, and further development of this region is balanced from the environmental perspective. The purpose of the study is to develop and provide a rationale for a balanced system of environmental, socio-economic, and innovative indicators for assessing whether the development of the Arctic’s unique hydrocarbon reserves is sustainable. The theoretical framework of the study draws upon the foundations and key principles of the sustainable development concept and upon modern approaches and methods for assessing the sustainability of production systems. The study presents an analysis of conceptual approaches to defining sustainable development in reference to oil and gas resources, including those found in the Arctic, defines target priorities for the sustainable development of the Arctic’s resource potential, and identifies the relationship between the environmental, socio-economic, and innovative domains of sustainability in the context of Arctic resource development. The results of the study demonstrate how large-scale gas projects can influence regional development and provide for making informed conclusions about whether the development of the Arctic’s oil and gas reserves can be considered sustainable (in accordance with the basic principles of the sustainable development concept).


2018 ◽  
Vol 35 (4) ◽  
pp. 133-136
Author(s):  
R. N. Ibragimov

The article examines the impact of internal and external risks on the stability of the financial system of the Altai Territory. Classification of internal and external risks of decline, affecting the sustainable development of the financial system, is presented. A risk management strategy is proposed that will allow monitoring of risks, thereby these measures will help reduce the loss of financial stability and ensure the long-term development of the economy of the region.


2021 ◽  
Vol 13 (15) ◽  
pp. 8316
Author(s):  
Camelia Mirela Baba ◽  
Constantin Duguleană ◽  
Marius Sorin Dincă ◽  
Liliana Duguleană ◽  
Gheorghița Dincă

The Covid-19 induced economic crisis has significantly affected almost all businesses from nearly every sector, causing severe financial problems, lack of cash assets, and decrease of revenues. In this context, the economic entities were forced to look for adjustment and rescue solutions of their activities. One possible solution for the recovery and reorganization of economic entities’ activities is demerger. This paper evaluates the impact of demerger upon the sustainable development of economic entities in terms of economic efficiency and financial performances. To achieve this goal, a statistical analysis of profitability ratios before and after the demerger, as well as a structural analysis of 268 demerger projects for the April 2012–April 2021 period, were performed. The results attest there are no significant differences between the ex-ante and ex-post financial performances. However, demerger seems to have a positive effect upon analyzed companies helping them to overcome economic hardships, rethink their business strategies, and continue their activity in the medium and long-term time horizon.


2013 ◽  
Vol 869-870 ◽  
pp. 786-790
Author(s):  
Chen Chen Zhang

The strategies for sustainable development have been included in the medium and long term plan of 2010 for national economic and social development. Protecting the environment is the most important prerequisite and safeguards for the sustainable development strategy. In the study, we described the history of the environmental problems in the world, the proposal and implications of sustainable development, and outlined the dialectical relationship of development with the environment. The environmental protection measures for sustainable development were proposed here, according to the environmental situation severely affecting its biophysical environment.


2012 ◽  
Vol 524-527 ◽  
pp. 3264-3268 ◽  
Author(s):  
Zhao Feng Lei ◽  
Bang Yan Li ◽  
Xu Li Lei ◽  
Lun He

Yulin City, which is rich in energy, is one of the national energy and chemical bases. But with the process of exploitation of resources, it causes serious ecological damage and has grim living environment situation in the local environment. It is in long-term about the sustainable development of city very urgent. This paper analyzes the reputation, ruin and its treatment of the development of energy resources in Yulin City, trying to explore the sustainable development mode which is suit in resource-dependent of area.


Author(s):  
Katina Popova ◽  
◽  
Miroslava Malcheva ◽  

Tourism in Bulgaria is a cross cutting sector of particular importance for unemployment and poverty eradication. As a source of foreign exchange earnings and direct investments it ensures viable medium and long-term economic benefits for both the destination and the local community. In recent years, the sustainable development of tourism on the Bulgarian Black Sea coast is seriously threatened, mainly due to the consequences of mass sea tourism, the short-sighted use of available resources and the territorial concentration of accommodation facilities. The aim of the present study is to establish the achievements of the hospitality business on the Bulgarian Black Sea coast in terms of sustainability and environmentally friendly lifestyle.


Asian Survey ◽  
2018 ◽  
Vol 58 (4) ◽  
pp. 726-746
Author(s):  
Gamini Herath

In 2015, the UN proposed the Sustainable Development Goals; they were accepted by 193 countries. Sri Lanka faces many challenges in implementing the SDGs. The lack of reliable and recent data is a serious issue. Another issue is the weak institutional capacity of Sri Lanka, which has led to poor governance and policy incoherence. There is no strong political will, and interministerial conflicts are rampant. Unless these issues are properly addressed, the yahapalanaya (good governance) government of President Sirisena may not contribute well to achieve the SDGs by 2030.


Author(s):  
Здольник ◽  
Daria Zdolnik ◽  
Тищенко ◽  
Olga Tishchenko ◽  
Тищенко ◽  
...  

The article analyzes the main causes of resistance to the principles of the sustainable development concept as the results of the research in the oil company "Bashneft". In addition, the article describes the main risks of the industry, which led to changes in strategy and, as a consequence, changes in project portfolio, including sustainable development projects. There is also a system of the implementation management of the changes related to the sustainable development concept developed and the main methods of combating and preventing resistance identified in the article.


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