TOWARDS A SYNERGY BETWEEN DANCE PEDAGOGY AND PRAXIS FOR NATIONAL DEVELOPMENT

The initial objective of dance education was to development the art form and harness it’s potentials for societal development. That dance education in Nigeria’s tertiary institutions of learning is largely seen as an isolated and purely academic exercise with little or no relevance to the real sector is hardly in contention as several studies attest to that reality. What is of concern is how to make it more relevant to the present milieu. Against universal trends, major developments in dance in Nigeria are driven by forces independent of academic influences. Various reasons have been advanced by scholars (Ikideh, 1987; Adeyemi, 2010; Onyemuchara, 2017; etc.) Onyemuchara, for instance, contends that the paucity of practice-based curriculum is the bane. Drawing from related disciplinary paradigms, this paper explores the possibility of synergizing the efforts of both the academic and professional/industry dance practitioners to make dance more relevant to national development.

Country-level sustainability and cross-border banking flows

Purpose This paper aims to investigate the association between country-level sustainability scores and cross-border bank-to-non-bank flows within countries. Design/methodology/approach The authors analyze cross-border banking flows into the real sector firms of 26 developed countries from 2006 to 2017. The authors use a dynamic panel ordinary least square along with an instrumental variable and a generalized method of moments regressions to test the relationship between country-level sustainability scores and cross-border banking flows. Additionally, the authors apply Fama-MacBeth cross-sectional regression and non-parametric portfolio tests to obtain robust results. Findings The impact of country-level sustainability scores on cross-border banking flows is positive and significant. This finding is consistent with the signaling theory, which states that a country’s sustainability score is a signal to attract more international fund flows. Notably, the authors deduce that environmental sustainability is more important than the social and governance pillars. Practical implications The findings indicate that the real sector firms located in countries having higher sustainability scores can receive more international bank flows. Consequently, policymakers should focus more on country-level sustainability investments to improve the financing of resident firms. Social implications Policymakers should focus more on country-level sustainability investments to improve the financing of resident firms. Originality/value To the best of the authors’ knowledge, no existing study has investigated the signaling function of country-level sustainability scores in the cross-border banking flow conjecture. By investigating this relationship for real sector firms, this study portrays how the non-banking sector can benefit from such a policy that promotes sustainable practices at the country level.

SEKTOR RIIL DAN KEUANGAN SYARIAH SERTA PENGARUHNYA TERHADAP PERTUMBUHAN EKONOMI REGIONAL SUMATERA UTARA TAHUN 2015 – 2019

This research is a quantitative study. The data used is sourced from CSA (Central Statistics Agency) North Sumatra and FSA (Financial Services Authority). The analysis used in this research is multiple linear regression analysis with method Ordinary Least Square using program EVIEWS 8. The results showed that: 1) the Real Sector significantly positively affected the Regional Economic Growth of the North Sumatra Region with a probability value of 0.0000 less than the significant level (5%) or 0.0000<0.05. 2) Islamic Finance significantly positively affects the Regional Economic Growth of the North Sumatra Region with a probability value of 0.0000 less than the significant level (5%) or 0.0000<0.05. 3) The results of the study simultaneously show that the Real Sector and Islamic Finance have a significant effect on the Regional Economic Growth of the North Sumatra Region with a probability value (F-statistics) less than the significant level (5%) or 0.0000<0.05. It can also be seen in the regression of the R-Square value which shows that around 0.724519 or 0.72% of the Real Sector and Islamic Finance variables can explain the Regional Economic Growth of the North Sumatra Region in the 2015 – 2019 period, while the remaining 28% is explained by other variables.Keywords : GDP, Islamic Banking, Islamic Fianancing, North Sumatera, Real Sector, Regional Economic Growth, Trade sector

Formation of the information and instrumental space for decision-making in the resource-saving system in the value creation flow of an industrial enterprise

The article is devoted to the problems of building an information space for managing material resources in the flow of value creation by an industrial enterprise in the conditions of implementing a resource-saving strategy. The purpose of the study is to substantiate the choice of a method of information and instrumental support for the implementation of the functions of rationing, budget planning, control of the execution of estimated tasks, analysis of key indicators of the state of material costs in order to make decisions on the rational use and economy of the latter, reduction (elimination) of excess technological waste and losses. The research presented in the article is based on the application of a systematic approach; structural-functional and statistical types of analysis; methods of observation, graphical visualization, grouping and systematization of data; decomposition, aggregation, comparison and economic interpretation. The results of the study showed significant effectiveness of the application in the management practices of enterprises of the real sector of the economy of the author’s proposed set of techniques and methods of information and instrumental support for the functions of rationing, budget planning, control, economic interpretation and analysis of key indicators of material costs involved in the value creation flow, in order to build a transparent space for making managerial decisions to maintain a resource-saving strategy. The article presents the author’s clarification of the concept of resource saving, which served as the methodological basis for the proposed methods and methods for reducing the resources under consideration, reducing (eliminating) excess technological waste and losses. The practical significance of the tools proposed by the author lies in the fact that the proposed tools will ensure an increase in the efficiency of developing and implementing solutions for the rational use and reasonable economy of material resources in all processes of the value stream, reduce technological waste and losses, reduce material consumption and, consequently, the cost of production, increase the profitability and competitiveness of the business of the enterprise of the real sector of the economy. The directions of future research should be integrated management of all types of resources at each stage of the operational cycle, implemented in a digital format using artificial intelligence systems in real time without the direct participation of the user.

Diversification of the economy of Kazakhstan as a priority of industrial development in post-pandemic conditions

The purpose of the scientific article is to substantiate the expediency of the diversification of the industrial sphere to ensure the economic growth of Kazakhstan in post-pandemic conditions. In this work, the following methods were used: synthesis, integrated assessment, analysis, consistency, logical generalization. The state of economic development of the republic in the conditions of a pandemic is shown. Substained the necessity of continuing modernization and intensification of the diversification process in post-pandemic conditions. Analyzed the development of industrial production over the 30 years of independence of the republic, where the mining sector takes priority. The essential role of the share of mechanical engineering in the structure of the manufacturing industry is determined. Significant measures of state support have been identified, which activate the course of diversification of the real sector of the national economy. Summarized the main problems of diversification of the industrial sphere of Kazakhstan. They include a low degree of digitalization and automation, technological conversion and qualified personnel. Forecasts and recommendations for the effective implementation of industry diversification in the postpandemic period are given. Important proposals here are to optimize the spending of the National Fund, to create the same economic activity regime for business and state-owned companies, to promote the principles of healthy competition and labor productivity growth.

On the Projects of the RF Central Bank Dedicated to the Financial Market Development

The Bank of Russia in its systemic documents, published in 2020, presents solution of a wide range of topical issues of the Russian financial system and economy related to providing the real sector with long-term money, the lack of which is one of the key factors restraining the growth of investments and the Russian economy for years. However, implementation of measures proposed in the documents may take more than one year until the economy begins to feel their effect. In this regard, it seems important to consider more systemic mechanisms that will allow to expand the volume of long-term money. In particular, we are talking about approaches based on interaction of the national central bank and the national ministry of finance. Besides, more and more countries in the world are actively applying the indicated mechanisms.

European international financial organizations are investors in the real sector of Ukraine’s economy

The article highlights the historical aspects of Ukraine's cooperation with two international financial institutions, which provide Ukraine with significant credit resources: the European Bank for Reconstruction and Development and the European Investment Bank. The structure of these institutions, the purpose of their work, means and methods of achieving the goals defined in the statutory documents were considered. The cooperation of Ukraine with the European Bank for Reconstruction and Development and the European Investment Bank on the implementation of investment projects in the public and private sectors was studied, the peculiarities of the project implementation were analysed and the factors that impact low disbursement were investigated. Attention is drawn to the importance of using investments from international financial organizations in full and the importance of further close cooperation with institutions that provide credit resources to Ukraine in periods when the state does not actively cooperate with the IMF. Generalised suggestions for improving Ukraine's cooperation with the European Bank for Reconstruction and Development and the European Investment Bank were prepared, separately for each bank, the steps that need to be taken to increase the disbursement of loans for investment projects implemented in Ukraine with international financial organizations were listed.