scholarly journals The role of Panama Canal in global shipping

2017 ◽  
Vol 2 (3) ◽  
pp. 247-260 ◽  
Author(s):  
Mariner Wang
Keyword(s):  
Economic Development ◽  
Future Development ◽  
Design Methodology ◽  
Annual Report ◽  
Statistical Data ◽  
Panama Canal ◽  
Content Type ◽  
Set Of Locks ◽  
Cargo Throughput

Purpose The purpose of this study is to find out the future development of the Panama Canal after opening of the new waterway (third set of locks project), in terms of the change of cargo throughput, further deployment of fleets by the shipping companies and competition for the canal. Design/methodology/approach The research of this paper is based on an empiric study by collecting the relevant data from annual report of the Panama Canal Authority, publications related to the same field. Graphs pertaining to toll revenue also are made based on statistical data provided by the Panama Canal Authority. Findings The findings show that the opening of the new waterway of the Panama Canal generates more toll revenue for Panama government by allowing mega-vessels to transit, expediting further economic development of the country largely from behind. At the same time, shipping operators also can enjoy earning more revenue by deploying New Panamax vessels transiting the Canal. Originality/value Ingenuity in tabling the users of the Panama Canal by incorporating the logo marks of the shipping companies/implication is drawn through empirical analysis to provide the shipping companies and ports authorities concerned with more understanding toward the very significance of the new waterway expansion of the Panama Canal.

scholarly journals The Competitive Advantage of Nations: origins and journey

2015 ◽  
Vol 25 (5) ◽  
pp. 458-470 ◽  
Author(s):  
Robert Huggins ◽  
Hiro Izushi
Keyword(s):  
Economic Development ◽  
Competitive Advantage ◽  
Design Methodology ◽  
Cluster Theory ◽  
Unit Of Analysis ◽  
Content Type

Purpose – The purpose of this paper is to provide an understanding of the origins and journey of the fundamental ideas underpinning Michael Porter’s The Competitive Advantage of Nations as a means of assessing its influence. Design/methodology/approach – Drawing on a reflection of the book’s text and associated works by Porter, the paper shows how Porter’s thinking evolved from his earlier writings, as well as how his ideas went through further periods of development following the publication of The Competitive Advantage of Nations. Findings – The paper focuses on the emergence of Porter’s cluster theory and his growing acknowledgement of the role of innovation within processes of economic development. It shows how these concepts have provided a foundation for contemporary economic development practices. Also, the paper highlights how the fundamental concepts of Porter’s text have shifted from a unit of analysis focused on nations to one where subnational regions are the primary analytical unit. Originality/value – The paper concludes by suggesting that the nature of Porter’s conceptual insights is likely to ensure the long-term endurance of the fundamental lessons contained within The Competitive Advantage of Nations.

The role of share waqf in the socio-economic development of the Muslim community

Humanomics ◽  
2014 ◽  
Vol 30 (3) ◽  
pp. 227-254 ◽  
Author(s):  
Farhana Mohamad Suhaimi ◽  
Asmak Ab Rahman ◽  
Sabitha Marican
Keyword(s):  
Economic Development ◽  
Design Methodology ◽  
Primary Source ◽  
Muslim Community ◽  
Content Type ◽  
Endowment Fund ◽  
Socio Economic Development ◽  
Practical Implications ◽  
Research Show

Purpose – This study aimed to analyse the role of the Waqf Fund Scheme, by taking Penang (or Pulau Pinang) as one of the states in Malaysia as a sample of the study. Waqf Fund Scheme was established by the Islamic Religious Council of Penang, Majlis Agama Islam Negeri Pulau Pinang (MAINPP), in an effort to develop the economy of the Muslim community in the state. Design/methodology/approach – This study analysed the contribution that this endowment fund makes towards a comprehensive scheme of economic development, namely, in terms of the economic, spiritual and social welfare of the Muslim community in Penang. The primary source of data was obtained through interviews conducted by the researcher with the Manager of the Waqf Fund Scheme, the Head of Administration and Finance Section and the Account Executive of MAINPP. The researcher also interviewed respondents from four institutions that were beneficiaries of the Waqf Fund Scheme. Findings – The findings of this research show that the endowment fund scheme plays an important role in the economic development of the Muslim community in Penang. The Waqf Fund Scheme contributes by way of providing a financing facility towards the acquisition of waqf assets or through cash support channelled to associations or committees of a masjid. Research limitations/implications – This study only focuses on Waqf Fund Scheme which was established by MAINPP. Practical implications – This study is expected to contribute to the improvement of the Waqf Fund Scheme management. Originality/value – The paper is the first attempt to address the Waqf Fund Scheme contributions by MAINPP, particularly in Penang.

Nature of frauds in Nigeria’s banking ecosystem, 2015-2019

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Oludayo Tade
Keyword(s):  
Deposit Insurance ◽  
Design Methodology ◽  
Annual Report ◽  
Complex Dynamics ◽  
Secondary Data ◽  
Governance Structures ◽  
Content Type ◽  
Automated Teller Machine ◽  
Practical Implications

Purpose This paper aims to examine the nature of frauds and insider involvement in the perpetration of frauds in Nigeria’s banking ecosystem. It probes the payment platforms mostly vulnerable to fraud attacks since the role-out of cashless policy in Nigeria in 2014. Design/methodology/approach Using secondary data on frauds and forgeries in Nigeria Deposit Insurance Corporation annual report of 2019, the study engaged the data on frauds and forgeries to unpack the complex dynamics in relation to bank frauds in Nigeria. Findings Findings show that fraud attacks on deposit money banks increased year in year out although the actual monetary loss dropped in 2019 as against 2018. Technology mediated transactions such as the use of automated teller machine and internet-based transactions experienced the most fraud. In relation to the role of insiders, all cadres of staff were involved in the fraud but majority of those involved were temporary staff. Practical implications Arising from this, it is suggested that banks should continue to strengthen security system and governance structures. Employing temporary staff should be phased out while online and offline vigilance should be mounted. Originality/value The study contributes to knowledge by examining the nature of frauds and unveiling the insider dimensions of fraud and the possible factors increasing the vulnerability of casual staff to perpetrate fraud.

The role of human capital in economic development of the earliest Islamic period

2015 ◽  
Vol 8 (4) ◽  
pp. 398-417 ◽  
Author(s):  
Seyed Kazem Sadr
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Design Methodology ◽  
Critical Role ◽  
Islamic State ◽  
Incentive Structure ◽  
Content Type ◽  
Four Dimensions ◽  
Islamic Period

Purpose – The purpose of this paper is to provide explanation for the economic development of the earliest Islamic state. It focuses on the role of human capital as the most important element of this model and focuses on four dimensions of development of human personality in Islam: the incentive structure, rules of behavior, institutions and policies. Design/methodology/approach – A review and analysis of the measures and policies that Prophet of Islam and his successors adopted are made to arrive at the underlying economic model of development. Findings – The major finding is the role of human capital in the development of the economy at that time. Originality/value – The contribution of the paper is to identify the critical role of education and skills for the development of the economy at present.

China-Pakistan Economic Corridor: a gateway to sustainable economic development

2018 ◽  
Vol 45 (6) ◽  
pp. 909-924 ◽  
Author(s):  
Shazia Kousar ◽  
Abdul Rehman ◽  
Mahwish Zafar ◽  
Kamran Ali ◽  
Nadia Nasir
Keyword(s):  
Economic Development ◽  
Design Methodology ◽  
Development Project ◽  
Business Community ◽  
Policy Changes ◽  
Huge Amount ◽  
Content Type ◽  
Sustainable Economic Development ◽  
Tourism Sector

PurposeThe purpose of this paper is to discuss positive spillovers of this project, especially for Pakistan because the majority of the literature discusses challenges associated with China-Pakistan Economic Corridor (CPEC).Design/methodology/approachThis study reviews the available literature to assess the role of CPEC in the sustainable economic development of Pakistan.FindingsThis study indicates that CPEC is an ambitious development project because it needs a larger restructuring of the economy of Pakistan and it will be productive with the successful blend of policy changes and participation of the business community in Pakistan. This project primarily creates a huge amount of foreign direct investment for Pakistan, at the same time, it will also create greater trade opportunities to China by giving access to a new market for its trading goods.Originality/valueThis study established that CPEC will improve the economic growth and trade, enhance regional connectivity, overcome energy crises, develop infrastructure and establish people-to-people contacts in both the countries, which will further help to improve the tourism sector.

Rationales for public private partnership (PPP) implementation in Malaysia

2014 ◽  
Vol 19 (3) ◽  
pp. 188-201 ◽  
Author(s):  
Suhaiza Ismail ◽  
Fatimah Azzahra Haris
Keyword(s):  
Economic Development ◽  
Design Methodology ◽  
Public And Private ◽  
Private Partnership ◽  
Content Type ◽  
The Public ◽  
The Government ◽  
Role Of The Government ◽  
Private Sector Involvement

Purpose – This paper aims to, first, examine the rationale for implementation of public private partnerships (PPP) in Malaysia. Second, it investigates the differences among perceptions of the public and private sectors, in relation to the rationales for implementing PPP in Malaysia. Design/methodology/approach – A questionnaire survey captured the perceptions of the public and private sectors concerning the rationales for PPP implementation in Malaysia. Of 250 questionnaires distributed, 122 usable responses were obtained and analysed using SPSS to rank the importance of the rationales and to examine differences in perceptions between the government and private sectors. Findings – Results show that “to enhance private sector involvement in economic development” is the only rationale that was rated as most important by all respondents. While other rationales were perceived as important, “to reduce the role of the Government in providing public services and facilities” was regarded as the least important rationale by both parties. The results also reveal significant differences between public and private perceptions for the least important rationales. Originality/value – This paper offers empirical evidence on the concept and the rationales for implementing PPP in Malaysia, and also provides evidence on the differences in the perceptions of the public and private sectors in relation to these rationales.

The new round of reform of state-owned enterprises

2015 ◽  
Vol 7 (1) ◽  
pp. 55-66 ◽  
Author(s):  
Weidong Yang
Keyword(s):  
Economic Development ◽  
Design Methodology ◽  
Chinese Government ◽  
Socialist Market Economy ◽  
Content Type ◽  
Solid Foundation ◽  
Soe Reform ◽  
Governmental Functions ◽  
Socialist Market

Purpose – This paper aims to review the state-owned enterprise (SOE) reform in China and analyzes the role of the Chinese Government in the progress of the SOE reform. It provides suggestions to better guide the direction of further reforms of the SOEs in China. Design/methodology/approach – This paper reviews the historical path of the SOE reform in China and analyzes the underline policy implication associated with the reform. Findings – The success of the function-oriented SOE reform depends on the transformation of governmental functions. Only with the linkage of governmental functions reform can we change the existing pattern of economic development, build a solid foundation for the socialist market economy and achieve the final triumph. Originality/value – This paper provides suggestions to better guide the direction of further reforms of the SOEs in China.

Role of innovations in provision of competitiveness and innovational development of economy and overcoming of “underdevelopment whirlpools” in Russia and countries of Eastern Europe

2018 ◽  
Vol 10 (3) ◽  
pp. 511-523 ◽  
Author(s):  
Elena Popkova ◽  
Zhanna Gornostaeva ◽  
Natalia Tregulova
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Eastern Europe ◽  
Design Methodology ◽  
Content Type ◽  
Socio Economic Development ◽  
Multiple Obstacles ◽  
Practical Implications ◽  
Practical Recommendations

Purpose The purpose of this paper is to determine the role of innovations in provision of competitiveness and innovational development of economy and overcoming of “underdevelopment whirlpools” in Russia and countries of Eastern Europe with the help of a special proprietary methodology. Design/methodology/approach The authors substantiate the concept and methodology of calculation of “underdevelopment whirlpools”, perform the analysis of development of “underdevelopment whirlpools” in Russia and countries of Eastern Europe and evaluate the influence of “underdevelopment whirlpools” on competitiveness of these countries’ economy. Findings The authors determine the perspectives of overcoming the “underdevelopment whirlpools” in Russia and countries of Eastern Europe and increasing their competitiveness with the help of innovation and develops practical recommendations for creation of innovational economy for the purpose of provision of high competitiveness and overcoming of “underdevelopment whirlpools” in Russia and countries of Eastern Europe and overcoming of strong and growing differentiation of the level of socio-economic development of their sub-systems. Practical implications Creation of innovational economy in Russia and countries of Eastern Europe is hindered by multiple obstacles (socio-economic and institutional), the success of overcoming of which determines the realization of a certain scenario of development of events. Originality/value The main conclusion is that creation of innovational economy can and should become a new vector of economic growth in Russia and countries of Eastern Europe and overcoming of strong and growing differentiation of the level of socio-economic development of their sub-systems.

Economic Development of Bangladesh: The Role of IBBL

IIUC Studies ◽  
2015 ◽  
Vol 9 ◽  
pp. 323-334
Author(s):  
Shafiqur Rahman ◽  
Nicholas McDonald
Keyword(s):  
Economic Development ◽  
Content Analysis ◽  
Foreign Trade ◽  
Rural Economy ◽  
Significant Contribution ◽  
Annual Report ◽  
Housing Sector

This paper presents the role of Islami Bank Bangladesh Limited (IBBL) to the recent economic development in Bangladesh. The study analyses published texts, articles, websites and annual report of this bank through a content analysis. Key findings of this study manifest the contribution of this bank in different areas of economic development in Bangladesh like generating employment, earning foreign remittance, strengthening rural economy, promoting ecology and green banking, boosting industrialization, developing the SMEs, assisting in foreign trade (import-export), developing the housing sector etc. This study also identifies IBBL’s significant contribution to the national exchequer. This paper contributes to the field of economic development of Bangladesh and the role of IBBL behind it and fills the gap of literature in this specific area.IIUC Studies Vol.9 December 2012: 323-334

scholarly journals Vulnerable adults in police custody

2019 ◽  
Vol 22 (1) ◽  
pp. 5-8
Author(s):  
Ian Cummins
Keyword(s):  
Design Methodology ◽  
Research Literature ◽  
Police Custody ◽  
England And Wales ◽  
Content Type ◽  
Increased Risk ◽  
Vulnerable Adults

Purpose The purpose of this paper is to discuss the recent National Appropriate Adult Network (NAAN) report on the role of the appropriate adult. Design/methodology/approach This paper is based on the NAAN report and a review of relevant policy and research literature. Findings There to Help 2 highlights that there are still significant gaps in the provision of appropriate adult schemes across England and Wales. These gaps potentially place vulnerable adults at increased risk. Originality/value This paper is a review of recent research.

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