The Relationship between the investment in Petrochemical Industries Research Proposal

The Relationship between the investment in Petrochemical Industries and Economic Development - Research object ExampleChanging the production means refers to the correction of faults in the structure of the economy or elimination that problem (Omar Mohyee Adeen, 1976).One of the major factors that affect the changes in the national economy is that of investment decisions (Krosinsky, and Robins, 2008). Often the discovery of an abundant natural resourcefulness in one country leads to tremendous investment in the resource and decline in the manufacturing sector. This scenario which is called the Dutch disease is a common effect in developing as well as real countries.It is necessary that the instruction of an industry following the discovery of a natural resource is accompanied with a balanced development of manufacturing and the small industries. This will lead to generation of purpose and diversification of the sources income.With the availability of abundant raw materials, natu ral gas and cheap workforce the petrochemical industry is the best industry that shall be developed to grow the economy (Rooney, 2005 Sari, 2009). With this framework, it will be interesting to analyze if there is any relationship between the investments in petrochemical industry and economic growth. Besides this, the generator will try to find out the possibility of a Dutch Disease taking place in the Libyan economy. The author will likewise try to find out the possible ways to prevent it and achieve a balanced growth of economy.The aim of this research is to understand and explore the likely impact of the discovery of petrochemical industry resources in Libya. The author aims to achieve the following objectives through the researchThe effect of the development of petrochemical industry on other industrial sectors size and profitability. In particular, the author aims to find out the affect on smaller and manufacturing industries.Often, the discovery of a natural resource in abu ndance leads to high economic