scholarly journals Microfinance towards micro-enterprises development in rural Malaysia through digital finance

2021 ◽  
Vol 2 (1) ◽  
Author(s):  
Muhammad Farhan Jalil

AbstractMicrofinance is critical for the development of micro-enterprises and alleviating poverty. However, micro-enterprises are able to get microfinance services, they would face a variety of obstacles, due to the misunderstandings among many stakeholders, microfinance has not acquired widespread acceptance. Therefore, the purpose of this study is to investigate microfinance's impact on the sustainable development of Malaysia’s rural micro-enterprises. Besides, digital finance is integrated into the conceptual model to further investigate their mediating impact. Data was collected from 563 rural micro-enterprises using structured questionnaires, which were then statistically analyzed using AMOS-21. The findings of the study reveal that microfinance has a positive substantial influence on rural micro-enterprises development. Moreover, digital finance partially mediates the relationship. Thus, the study concludes that microfinance institutions are needed to adopt digital finance to enhance micro enterprises’ productivity through low transaction costs. The findings of the study can be useful to policymakers in the micro-enterprise sector who have a long-term vision and expect the sector to develop steadily. The study also provides scope and space for future academics and scholars to conduct further research.

2019 ◽  
Vol 135 ◽  
pp. 03023
Author(s):  
Botagoz Saparova ◽  
Aigerim Zhussupova ◽  
Bibinur Sydykova ◽  
Natalia Rud

At the present stage, the whole world is facing serious energy challenges, including the rapid growth of energy consumption, the inevitable exhaustion of energy resources with an extremely uneven distribution, a large environmental burden on nature, and the globalization of energy. The electric power industry harms the environment with its excessive emissions of pollutants, which is reflected globally. The article first of all offers a literary review of studies on this topic. A comparative description of the achievements of countries in the field of emission schedules is proposed, as well as the prospects for drawing up a schedule of emission intensity for the period up to 2030 in comparison with countries. In addition, this paper presents unresolved problems that impede sustainable development, which guarantees the stability of the future existence of mankind. These challenges hamper the sustainable development of the energy industry in the long term and the global sustainable development and prospects for green economic growth of the country. Thus, the relevance of the subject of the study is due to the lack of resources, reflecting the relationship of trends in reducing pollution from the activities of industry with the conditions of economic growth.


2018 ◽  
Vol 35 (4) ◽  
pp. 133-136
Author(s):  
R. N. Ibragimov

The article examines the impact of internal and external risks on the stability of the financial system of the Altai Territory. Classification of internal and external risks of decline, affecting the sustainable development of the financial system, is presented. A risk management strategy is proposed that will allow monitoring of risks, thereby these measures will help reduce the loss of financial stability and ensure the long-term development of the economy of the region.


Author(s):  
Andrew Harmer ◽  
Jonathan Kennedy

This chapter explores the relationship between international development and global health. Contrary to the view that development implies ‘good change’, this chapter argues that the discourse of development masks the destructive and exploitative practices of wealthy countries at the expense of poorer ones. These practices, and the unregulated capitalist economic system that they are part of, have created massive inequalities between and within countries, and potentially catastrophic climate change. Both of these outcomes are detrimental to global health and the millennium development goals and sustainable development goals do not challenge these dynamics. While the Sustainable Development Goals acknowledge that inequality and climate change are serious threats to the future of humanity, they fail to address the economic system that created them. Notwithstanding, it is possible that the enormity and proximity of the threat posed by inequality and global warming will energise a counter movement to create what Kate Raworth terms ‘an ecologically safe and socially just space’ for the global population while there is still time.


2021 ◽  
Vol 13 (15) ◽  
pp. 8316
Author(s):  
Camelia Mirela Baba ◽  
Constantin Duguleană ◽  
Marius Sorin Dincă ◽  
Liliana Duguleană ◽  
Gheorghița Dincă

The Covid-19 induced economic crisis has significantly affected almost all businesses from nearly every sector, causing severe financial problems, lack of cash assets, and decrease of revenues. In this context, the economic entities were forced to look for adjustment and rescue solutions of their activities. One possible solution for the recovery and reorganization of economic entities’ activities is demerger. This paper evaluates the impact of demerger upon the sustainable development of economic entities in terms of economic efficiency and financial performances. To achieve this goal, a statistical analysis of profitability ratios before and after the demerger, as well as a structural analysis of 268 demerger projects for the April 2012–April 2021 period, were performed. The results attest there are no significant differences between the ex-ante and ex-post financial performances. However, demerger seems to have a positive effect upon analyzed companies helping them to overcome economic hardships, rethink their business strategies, and continue their activity in the medium and long-term time horizon.


2013 ◽  
Vol 869-870 ◽  
pp. 786-790
Author(s):  
Chen Chen Zhang

The strategies for sustainable development have been included in the medium and long term plan of 2010 for national economic and social development. Protecting the environment is the most important prerequisite and safeguards for the sustainable development strategy. In the study, we described the history of the environmental problems in the world, the proposal and implications of sustainable development, and outlined the dialectical relationship of development with the environment. The environmental protection measures for sustainable development were proposed here, according to the environmental situation severely affecting its biophysical environment.


2012 ◽  
Vol 524-527 ◽  
pp. 3264-3268 ◽  
Author(s):  
Zhao Feng Lei ◽  
Bang Yan Li ◽  
Xu Li Lei ◽  
Lun He

Yulin City, which is rich in energy, is one of the national energy and chemical bases. But with the process of exploitation of resources, it causes serious ecological damage and has grim living environment situation in the local environment. It is in long-term about the sustainable development of city very urgent. This paper analyzes the reputation, ruin and its treatment of the development of energy resources in Yulin City, trying to explore the sustainable development mode which is suit in resource-dependent of area.


2013 ◽  
Vol 340 ◽  
pp. 1045-1049 ◽  
Author(s):  
Shi Xian Sun ◽  
Yao Shun Zhu ◽  
Cun Yu Cai ◽  
Yong Mei Li ◽  
Rui Tao ◽  
...  

In order to ensure the sustainable development of resource-exhausted cities,with Dongchuan disrict of Kunming as an example, the achievements and problems in the economic transformation, as well the relationship between the geological hazards and mining were analysed,the results showed that Dongchuan has achieved good results in the process of transformation in economy, city transformation, and ecological construction.However, the basic cause of severe natural disasters lie in over-exploitation is ignored for the misunderstanding of the causes of geological disasters.Therefore, the prominent problem in the development of transformation is the insufficient emphasis on eco-environmental protection.Resource-exhausted cities must pay attention to ecological construction in the transformation process for keeping the economic and environmental sustainability.


Author(s):  
Katina Popova ◽  
◽  
Miroslava Malcheva ◽  

Tourism in Bulgaria is a cross cutting sector of particular importance for unemployment and poverty eradication. As a source of foreign exchange earnings and direct investments it ensures viable medium and long-term economic benefits for both the destination and the local community. In recent years, the sustainable development of tourism on the Bulgarian Black Sea coast is seriously threatened, mainly due to the consequences of mass sea tourism, the short-sighted use of available resources and the territorial concentration of accommodation facilities. The aim of the present study is to establish the achievements of the hospitality business on the Bulgarian Black Sea coast in terms of sustainability and environmentally friendly lifestyle.


2021 ◽  
Vol 250 ◽  
pp. 06008
Author(s):  
Oksana Mukhoryanova ◽  
Larisa Kuleshova ◽  
Nina Rusakova ◽  
Olga Mirgorodskaya

This paper aims at investigating the predisposition leading to the sustainability of micro-enterprises in the digital economy, especially the sharing economy. This area represents a new field since the research of the impact of the sharing economy on small enterprises is still in its infancy. We study the role of the entrepreneurial approach and entrepreneurial philosophy of the small business with regard to the digitalization and the sustainable development and growth using examples from the European Union and the United States. Some common features and trends are derived and the outcomes are discussed. Our results point at the fact that by creating an economy for micro-entrepreneurs, the sharing economy thrives on traditional industry disrupted by technology. Since micro-enterprises constitute a backbone of the economy in many developed and developing countries, more research is required to shed the light of the sustainable development of these types of enterprises in the globalized and digitalized world.


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