The document discusses the importance of power control in multi-carrier code division multiple access (MC-CDMA) systems to enhance performance and limit interference noise. It introduces the Iterative Water Filling Algorithm (IWFA) for dynamic power allocation, which effectively distributes power across sub-channels based on signal-to-interference-plus-noise ratio (SINR) without requiring complete channel state information. The paper also highlights the significance of MC-CDMA in high data rate mobile networks and the combined advantages of CDMA and OFDM technologies.