This paper aims to discuss the case of United National Industrial Development Organization (UNIDO) which has been involved in spending the revenues on developing industries in regions where the industrial capacity is higher but seemingly there have been very less exploration…
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Background: The operations being managed in the headquarters in Austria are basically so complex that avid implementation and planning has been undertaken over the years. There is a list of awards gained by the companies which makes it evident that UNIDO as a non-governmental organization have played its role in achieving industrial efficiency in different parts of the world (Luken and Romapaey 2007). The main motif of UNIDO in different cases and projects have been similar i.e. is to sustain economic growth in such a manner that it regulates equal acceleration for all states. It should be noted that the economic stability is required in different regions of the world because it will help the countries to get lowered rates of the products and revenue will be generated for all regions in an equal manner (Cheng 1999). Goals and Achievements: The case of UNIDO is also important because it has some underlying goals including the reduction of poverty. UNIDO also believes that there are many institutions that are already providing free aid to many underdeveloped countries but this cannot be continued for a longer period of time. UNIDO insists that the money as aid must be used in such a manner that it is used in healthy activities and productive manner. (OECD 2003). Over the years, it has been noted that trade has also been affected by the political relations between the states. UNIDO has been operating for such countries which are not in diplomatic relations with others but need the aid or import for meeting its overall needs. UNIDO provides a bridge for such countries with others so that they can achieve their goal. By maintaining a bridge between countries of trade, UNIDO is basically helping the nations to increase the volume of trade which in return helps global markets (Newman 2007). Another underlying goal of UNIDO is to allow states to contribute in maintaining environment. It has been noted that a great deal of natural hazard have been caused by the change in environment. Industries have contributed to the climate change by large thus I becomes important for the industries to bring positive change (Newman 2007). UNIDO has basically helped different industrial countries to join in hands for the purpose of investing in projects which could benefit the environment. Technological innovation is obviously needed in this regard which in return needs a great deal of investment. Thus, UNIDO has special assignments to allocate energy plans and environmental safety plans to make it easier for the industries to play a vital role in saving earth (Browne 2012). These goals cannot be achieved until or unless the national development commission is not review. The plans have been submitted with the help of different declarations and business planning. The reports are submitted annually and with mid-term duration of framework as well. It will not be incorrect to mention that UNIDO is probable to work with developing countries more than the developed countries. It is due to the fact that developing countries need assistance in terms of development of industrial development. It has been noted over the yeas that most of the countries have not been able to propose any effective strategic based upon trends in the international industrial array (Cheng 1999). In order to
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