An examination of the influence of business environments on the attraction of globally mobile self-initiated expatriates

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jason Ryan ◽  
Sari Silvanto
Keyword(s):  
Contextual Factors ◽  
Secondary Data ◽  
Business Environment ◽  
World Population ◽  
World Economic Forum ◽  
Content Type ◽  
Business Environments ◽  
The World Bank ◽  
The World ◽  
World Economic

PurposeThis study examines which dimensions of a business environment are most important for attracting globally mobile self-initiated expatriates to a country. The authors use secondary data from the World Bank, the World Economic Forum, IMD and the World Population Review to test eight hypotheses involving six macro-contextual factors that prior studies suggest attract internationally mobile skilled professionals, such as self-initiated expatriates, to a country's business environment. The macro-contextual factors examined are socio-cultural, economic, natural, ecological, technological clusters and legal and regulatory.Design/methodology/approachThe authors use secondary data from the World Bank, IMD, World Population Report and the World Economic Forum to test eight hypotheses concerning macro-contextual factors that attract self-initiated expatriates to a country's business environment.FindingsThe study finds that factors such as the ease of hiring foreign labor, the use of English, macroeconomic stability, the diversity of the workforce and the quality of life in a country positively influence the attractiveness of its business environment to self-initiated expatriates. The study also finds that a business environment's socio-cultural, natural, economic and legal and regulatory macro-contextual attributes make it attractive to self-initiated expatriates.Originality/valueTo reduce common source bias, the authors use secondary data from four sources to examine which of six macro-contextual factors make a sample of 63 national business environments attractive to self-initiated expatriates. This study is one of the few to examine the impact of business environments on global mobility.

ASSESSMENT OF UKRAINE'S HUMAN CAPITAL DEVELOPMENT IN WORLD RATINGS IN CONDITIONS OF SUSTAINABLE DEVELOPMENT

2018 ◽  
Author(s):  
Maryna Nochka ◽  
Keyword(s):  
Sustainable Development ◽  
Human Capital ◽  
World Economic Forum ◽  
Highly Qualified ◽  
The World Bank ◽  
The World ◽  
World Economic ◽  
Capital Development ◽  
The University

The article is devoted to the analysis tools for assessing human capital based on world rankings in the context of sustainable development. The most famous world rankings of human capital, studied by such international organizations as the World Bank, the United Nations, the World Economic Forum, the University of Groningen in collaboration with the University of California at Davis and others, are considered. Quantifying human capital as the economic and social value of a skill set is measured through an index. Each organization makes measurements according to its own method. The application of different criteria and indicators for assessing human capital at the macroeconomic level is analyzed. The considered assessment methodologies are overwhelmingly based on statistical approaches. Analyzed the position of Ukraine in the world rankings in recent years in dynamics. It has been confirmed that these international ratings can be considered as a reflection of the state of human capital in Ukraine. Revealed quite high rating positions of Ukraine in comparison with other countries. The results allow us to conclude that there is insufficient government funding for the development of human capital. It is concluded that Ukraine needs to improve the quality of human capital as a leading factor in increasing the efficiency of the country's economy in the context of sustainable development. The study showed that the use of high-quality, highly qualified human capital leads to an improvement in the country's position in the world rankings.

Understanding the foundations of global competitive advantage of nations

2018 ◽  
Vol 28 (5) ◽  
pp. 503-517 ◽  
Author(s):  
Luis Farinha ◽  
Sara Nunes ◽  
João J. Ferreira ◽  
António Fernandes
Keyword(s):  
Competitive Advantage ◽  
Design Methodology ◽  
Development Stage ◽  
World Economic Forum ◽  
Content Type ◽  
Technological Readiness ◽  
Economic Competitiveness ◽  
The World ◽  
World Economic ◽  
And Training

Purpose This paper focuses on the issue of global competitive advantage of nations, based on the dimensions analyzed by the World Economic Forum in assessing the economic competitiveness of a large sample of countries. From the different stages of development of the countries, this study aims to help us to recognize what variables better explain the global competitive advantage of economies. Design/methodology/approach Following quantitative analysis, results based on PLS show what dimensions within each economic development stage best explain the global competitive advantage of economies. Findings Beyond the institutions, infrastructure and regulation of the markets, higher education and training, the technological readiness, the business sophistication and innovation contribute greatly to explain the competitive advantage of economies. Originality/value Understanding the drivers of global competitive advantage of nations, this study may help academics to conduct new studies, as well as politicians to define intervention priorities.

The IMF, its mandate and influence in prevention of financial sector abuse

2016 ◽  
Vol 23 (4) ◽  
pp. 987-1011
Author(s):  
Norman Mugarura
Keyword(s):  
World Bank ◽  
Secondary Data ◽  
Financial Sector ◽  
Data Sources ◽  
Content Type ◽  
The World Bank ◽  
The World ◽  
Secondary Data Sources ◽  
Work Done ◽  
The Imf

Purpose The purpose of this paper is to articulate the mandate of the International Monetary Fund (IMF) not least in promoting a sound legal regulatory environment for markets to operate globally and its inherent challenges. While acknowledging the plausible work done by the IMF in supporting countries to achieve their macro-economic stability, the paper articulates some of its shortcomings as a global institution. It is evident that the post-war climate in which the World Bank and IMF were created has drastically changed – which presupposes that these institutions now need to reposition themselves to reflect on contemporary global challenges accordingly. The author has argued in the past that a robust regulatory system should be devised taking into account the dynamic challenges in the market environment but also to prevent them from happening again. Design/methodology/approach The paper has utilized empirical evidence to evaluate the mandate of the IMF in addressing its dynamic challenges such as the global financial and debt crises in Europe and the USA and prevention of financial sector abuse globally. The IMF is one of the Bretton Woods Institutions charged with the oversight responsibility to enforce policies and enable countries to manage their macro-economic challenges efficiently. Findings The findings demonstrate that the IMF is as relevant and important as it was when it was created in 1945. However, there is a need for intrinsic and structural changes within this institution to continue discharging its mandate in a changed global regulatory landscape. The IMF is still crucial in fostering a fundamental stabilization function to fragile global economies in areas of financial and technical assistance, and developing requisite legal and supervisory infrastructure within fledging member countries. Research limitations/implications The paper was written by analysis of both theoretical and empirical data largely based on secondary data sources. It would have been better to first present the findings in an international conference to solicit wide views and internalize them accordingly. Practical implications While acknowledging the plausible work done by the IMF and its counterpart the World Bank in facilitating global financial markets regulation and prevention of financial sector abuse, as oversight institutions, they need to constantly review their mandate to respond robustly to their dynamic challenges such as the global and debt crises and financial sector abuse. Oversight institutions need to constantly review and adapt their mandate accordingly, if they are to discharge their varied responsibilities efficiently. They cannot stand still in the face of challenges because they will be superseded and kept at a back foot. Social implications Markets and states are embedded in each other, and the way they are regulated is of a significant importance to varied stakeholders and people. Originality/value This paper is one of its kind, is unique in its character and evaluates embedded issues using empirical evidence in a way not done in its context before. Secondary data sources have been evaluated to achieve a thoughtful analysis of the objectives of the paper.

scholarly journals The Role of Entrepreneurship Activity in Economic Development

2021 ◽  
Author(s):  
Rashmi Jaymin Sanchaniya ◽  
◽  
Ineta Geipele ◽  
Keyword(s):  
Economic Growth ◽  
World Economic Forum ◽  
Middle Income ◽  
Economic Progress ◽  
The World Bank ◽  
The World ◽  
World Economic ◽  
General Expectation ◽  
Different Levels

The paper presents a summary of the literature on the significance and importance of entrepreneurship to economic growth and development. Entrepreneurship has been shown to have been seen to lead to an overall optimistic development in many economic data. There is a general expectation that this inquiry would address the question of whether there is a correlation between the entrepreneurial enterprise and economic growth. In countries with various economic groups, different citizens are classed due to how much wealth they have. The data used in this paper were extracted from the World Bank, the World Entrepreneurship Monitor (WEM) over the last five years, and the World Economic Forum has a Database of Worldwide businesses. However, in low-middle- and middle-income nations, growth-oriented entrepreneurship is associated with economic progress. Analysis of various countries and different levels of economic growth, so it can be claimed that entrepreneurship serves a special position.

scholarly journals The efficiency of public expenditure and economic growth in the countries of the Western Balkans

2021 ◽  
Vol 16 (1) ◽  
pp. 81-93
Author(s):  
Ljiljana Prole ◽  
Dragana Petković
Keyword(s):  
Economic Growth ◽  
Public Expenditure ◽  
World Economic Forum ◽  
Western Balkans ◽  
Main Research ◽  
The World Bank ◽  
The World ◽  
World Economic ◽  
The Relationship ◽  
The International Monetary Fund

The countries of the Western Balkans are facing a number of challenges. One of the most acute ones, certainly, is improving the efficiency of public expenditure. Having this in mind, the main research objective of the paper is to present the interdependence between public expenditure and economic growth in the Western Balkans. In addition, the analysis is focused on the efficiency of public expenditure in the group of the above-stated countries, as well as the relationship between the size of public expenditure and its efficiency in these countries. Data from the International Monetary Fund, the World Bank and the World Economic Forum were used for the analysis. The results reveal that this interdependence in the countries of the Western Balkans, in addition to different intensity, has a different direction.

Consolidation to shape East Africa mobile telecoms

2016 ◽  
Keyword(s):  
Social Media ◽  
Banking Sector ◽  
Mobile Network ◽  
Mobile Internet ◽  
Mobile Banking ◽  
World Economic Forum ◽  
Content Type ◽  
The World ◽  
World Economic ◽  
Regulatory Controls

Significance The firm plans to expand Kenya's 4G network, while pursuing a strategy of infrastructure sharing to contain costs. The move would augment the World Economic Forum-backed Northern Corridor initiative, which seek to extend affordable mobile internet to 75 million people. Impacts Growth in Ethiopia's mobile banking sector will expand at a modest pace due to strict regulatory controls. Authoritarian leaders facing social media-driven protests will likely use internet-blocking technology to frustrate opposition activists. Insecurity along the Kenya-Somali border will dissuade firms from installing mobile network towers there, curbing mobile penetration.

Interview with Sylvia Anne Hewlett

2010 ◽  
Vol 18 (3) ◽  
pp. 33-34
Author(s):  
Interview by Juliet Norton
Keyword(s):  
Gender Gap ◽  
Design Methodology ◽  
Public Affairs ◽  
Economic Downturn ◽  
World Economic Forum ◽  
Content Type ◽  
The World ◽  
Policy Program ◽  
World Economic ◽  
Practical Implications

PurposeThe purpose of this paper is to provide an interview with Sylvia Anne Hewlett, founder and president of the Center for Work Life Policy and Director of the Gender and Policy Program at Columbia University's School of International and Public Affairs.Design/methodology/approachThis briefing is prepared by an independent interviewer.FindingsSylvia is a member of the World Economic Forum Council on the Gender Gap. She is the author of nine books including When the Bough Breaks (winner of a Robert F. Kennedy Memorial Book Prize), and, most recently, Off‐Ramps and On‐Ramps. This interview discusses her recent publication: Top Talent: Keeping Performance Up When Business is Down and how to engage and retain talent in the workplace.Practical implicationsProvides strategic insights and practical thinking that have influenced some of the world's leading organizations.Originality/valueThis interview provides insights into the strategies that employers should adopt to retain and engage talent and how organizations can better communicate with their employees following the economic downturn.

Lessening procurement deviations using procurement post reviews: evidence from Ghana

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Emmanuel Adinyira ◽  
Kofi Agyekum ◽  
Patrick Manu ◽  
Abdul-Majeed Mahamadu ◽  
Paul Olomolaiye
Keyword(s):  
World Bank ◽  
Design Methodology ◽  
Risk Mitigation ◽  
Secondary Data ◽  
Sampling Technique ◽  
Content Type ◽  
Multilateral Aid ◽  
The World Bank ◽  
The World ◽  
Procurement Risk

Purpose Multilateral aid agencies generate most of their funds from taxpayers, and therefore, it is necessary to ensure that recipients or borrowers use the funds for the intended purposes. The World Bank is one of the major multilateral aid agencies that fund infrastructure projects in developing countries. Like other multilateral aid agencies, the World Bank uses oversight instruments/auditing tools to manage procurement risk on their funded projects. However, empirical insight about the effectiveness of these auditing tools is limited. This paper aims to assess the effectiveness of one of such multilateral aid agencies’ auditing tools (i.e. World Bank’s procurement post review [PPR]) in procurement risk mitigation on funded projects in a developing country context. Design/methodology/approach The study is based on secondary data obtained from the World Bank PPR reports carried out in the 2014, 2015 and 2016 financial years. Five projects with the highest loan amounts and five with the lowest loan amounts for the three-year period were selected from the 24 active World Bank projects during the time of the study. A purposive sampling technique was used to select a representative sample from a list of contracts under the 10 projects. Findings The results of the analysis showed a clear decline in the number of both major and minor deviations over the three-year period while an increase in the number of contracts with “No Deviation”. The study therefore concludes that procurement risk experienced a decline amongst the World Bank projects in Ghana where post reviews were carried out on yearly basis. Originality/value The study identifies the need for more frequent PPR and makes a case for the need to investigate whether PPR is a superior auditing tool compared to the other tools.

Research finds absence of systematic approach to talent management in Egyptian public business schools

2020 ◽  
Vol 28 (5) ◽  
pp. 39-40
Keyword(s):  
Systematic Approach ◽  
Business Schools ◽  
Middle Eastern ◽  
Talent Management ◽  
World Economic Forum ◽  
Content Type ◽  
Academic Context ◽  
Management Procedures ◽  
The World ◽  
World Economic

Purpose The goal was to find what talent management procedures were used in the sector in Egypt Design/methodology/approach The authors wanted to speak to teaching assistants and assistant lecturers for their analysis. Their interviewees were from public business schools at three universities in Upper Egypt, which covers about 25% of the country’s total land. There were 245 respondents. Findings The authors concluded that there were “no responsible approaches to managing talent”. Instead, they observed “disorganized and irresponsible” procedures for staffing, motivating, managing and retaining staff. Originality/value Despite the concept’s growing importance, there have been few studies of the topic in an academic context. In particular, there is a dearth of research in both African and Middle Eastern settings. In Egypt, talent management is especially important because the sector was rated among the worst 10 in the world by the World Economic Forum in 2017.

scholarly journals Transforming education to prepare students to invent the future

2020 ◽  
Vol 4 (2) ◽  
pp. 81-91
Author(s):  
Fernando M. Reimers
Keyword(s):  
Design Methodology ◽  
Industrial Revolution ◽  
Student Empowerment ◽  
World Economic Forum ◽  
Content Type ◽  
The World ◽  
The Future ◽  
Learn By Doing ◽  
World Economic ◽  
The Impact

Purpose Human talent is rapidly becoming the most important asset for individuals, communities and nations. As the world changes rapidly due to globalization and technological innovation new opportunities and challenges arise for individuals, communities and nations. This paper aims to explore transforming education to prepare students to invent the future. Design/methodology/approach This essay draws on an evaluation of the impact of an entrepreneurship education program on a sample of youth in Saudi Arabia and integrates the core findings and ideas of literature relevant to the topic of education for the 21st century, including several books by the author. Findings This paper highlights five principles guide a series of curriculum resources to advance dispositions and skills for student empowerment and civic participation: start with the end in mind to design curriculum; leverage improvement networks to design curriculum; learn by doing; the power of problem-based education; and the power of collaboration in diverse teams. Originality/value Klaus Schwab, the founder of the World Economic Forum, predicts that the Fourth Industrial Revolution, resulting from increased and ubiquitous automation and the development of artificial intelligence, will eliminate many of the jobs currently available. Together with neurotechnological and genetic developments, these changes will create new opportunities and serious challenges, which require a heightened commitment to putting humans at the center, and empowerment as a goal (Schwab, 2017). These developments create a new urgency to examine whether children and youth are being prepared to be effective and productive citizens and workers, and to not just understand the future but to invent it. There is an emerging consensus that the skills students will need to invent the future must include cognitive, interpersonal and intrapersonal skills (Pellegrino and Hilton, 2012). The growing awareness that the adequate development of these requires deliberate efforts to cultivate them is also stimulating questions and innovations about the kind of educational experiences which can cultivate those skills.

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