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This can halve the cost of electricity production and boost industrial development," he said.
"To the extent that exports are helping to boost industrial production, that boost might be short-lived given some indications of slowdown in global growth," said Jared Bernstein, an economist at the labor-oriented Economics Policy Institute.
The company founded by inventor Sir James Dyson has joined BAE Systems and Rolls-Royce in urging the government to boost industrial research and education in the UK amid signs that efforts to rebalance the economy towards manufacturing are faltering.
Stronger output by carmakers helped boost industrial production, which rose by 0.8% in the month.America's current-account deficit narrowed from $104.5 billion to $98.8 billion (or 2.8% of GDP) in the second quarter.Inflation in the euro area fell by 0.2% in the year to August, unrevised from a provisional estimate.
Land will often be provided by state governments at concessionary rates, and both developers and operating units can receive tax breaks for up to 15 years, provided they are export-oriented.The aim is to boost industrial investment and exports, while persuading the private sector to build social infrastructure that the states cannot afford.
Coal is the main source of power in India and is central to the BJP government's plans to boost industrial production.
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The ideas of Friedrich List, a German economist who argued that tariffs boosted industrial development through the protection of infant industries, were gaining ground, particularly in the United States.
And Brazil's ethanol industry, already the world's biggest, wants to move from first-generation ethanol (made from sugarcane) to the next-generation cellulosic variety.That Brazilian edge worries the American biofuels industry, and highlights the final factor now boosting industrial biotech: government support.
What is not in doubt, though, is that Japan's recovery is solid and increasingly broad-based.In the recovery's early stages, rapid export growth played a crucial part in boosting industrial production and so company profits.
Also, high copper prices may be boosting industrial demand for plastic pipes.
For the vast majority of African countries, lack of access to modern energy services constitutes a major obstacle in boosting industrial, agricultural, urban, and rural development.
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