scholarly journals Economic benefits of education – Kosovo Perspective

2011 ◽  
Vol 1 (2) ◽  
Author(s):  
MSc. Arbër Reçi ◽  
Dr.Sc. Mujë Gjonbalaj
Keyword(s):  
Higher Education ◽  
Economic Development ◽  
Social Development ◽  
Labour Force ◽  
Empirical Studies ◽  
Continuous Process ◽  
Developed Countries ◽  
Economic Benefits ◽  
Global Competition

The future of economy and society of a country depends largely from the education of the labour force and advancement of their knowledge. The process of individual education does not end with graduation, but is a continuous process, in the function of economic competitively. Economic development and welfare are closely connected to investment in education. Considering that education investment is a heavy burden on taxpayers, high costs of education have been an object of debate in governments in terms of efficiency and rate of return. In circumstances in which economic and social development of Kosovo thrives, education is a challenge, but it is also an opportunity for important and inclusive change.Confident of the key role of education in economic development, the paper puts a special accent on economic benefits of an individual from higher education. Apart from this accent, a summary of empirical studies, which reflect facts and analysis of various countries, on economic benefits of education. Empirical analysis in many countries have shown that the role of education is key in a global competition, where knowledge is the key to success of economy and social development. From this perspective, young and vital population is the most important resource of Kosovo, the relevance of which will be assessed by the knowledge and skills acquired in institutions of higher education, very demanded in the labour market, as an important factor of economic and social change in the country. The results so far have shown that the investment rate of 3.3% of Gross Domestic Product allocated to education (around 6,0% in developed countries) is insufficient for the Kosovo’s economy to compete successfully with economies of other countries, in premises of an already global competition.

Financial Development and Country-Level Advertising Spending: The Moderating Role of Economic Development and National Culture

2020 ◽  
Vol 28 (3) ◽  
pp. 3-20
Author(s):  
Berrak Bahadir ◽  
S. Cem Bahadir
Keyword(s):  
Economic Development ◽  
National Culture ◽  
Financial Development ◽  
Empirical Studies ◽  
Developed Countries ◽  
Country Level ◽  
Culture Dimensions ◽  
Advertising Spending ◽  
The Impact

Firms invest in brand capital through advertising. Financial constraints hinder firms’ ability to fund their investment projects. Empirical studies in the finance literature suggest that firms’ access to external financial resources, labeled “financial development,” affects their investment behavior. The authors take the view of advertising spending as investment in brands and study the effect of financial development on advertising spending at the country level using a panel of 59 developing and developed countries during 1990–2016. The results suggest that financial development has a positive and significant effect on advertising spending, and this effect is stronger in countries with a low level of economic development. Furthermore, the authors investigate the role of national culture dimensions including uncertainty avoidance, long-term orientation, collectivism, masculinity, and power distance in the relationship between financial development and advertising. Overall, the results provide evidence that the impact of financial development on advertising spending depends on the national culture dimensions.

scholarly journals Exploring Family Characteristics, Individual Motivations and Social Norms Regarding Women’s Access to Tertiary Education in Laos

2021 ◽  
Author(s):  
◽  
Kinnaphone Sounthongdeng
Keyword(s):  
Higher Education ◽  
Economic Development ◽  
Social Norms ◽  
Gender Gap ◽  
Tertiary Education ◽  
Labour Force ◽  
Developed Countries ◽  
Family Characteristics ◽  
High Rate ◽  
The Government

<p>In aiming to graduate from Least Developed Countries status by 2020, and in joining the ASEAN Economic Community in 2015, the Government of Laos has been seeking to sustain a high rate of economic growth and to develop a skilled and proficient labour force. As such, economic development has been a focus of the government and developing skilled and proficient labour is important. Education, especially tertiary education, has also been a priority of the Government of Laos. However, the gender gap still exists in every education level with high fees just one barrier for women to get into higher education. Promoting women’s access to tertiary education is important for closing the gender gap and improving women’s livelihoods, as well as contributing to the country’s economic development.  The research explores the main barriers to women’s access to tertiary education, concentrating on family characteristics, individual motivations and social norms. Utilising a feminist lens, qualitative research has been undertaken through semi-structured interviews. Thirty interviews were conducted, including women who were current students in tertiary education institutions and women who were not in any tertiary education institution. Information regarding tertiary education policies and implementation of these policies was also gathered from key information interviews and secondary information.  The research found that family financial status is the main barrier for women to continue their education in higher education. When the family budget is limited, most parents prioritise the education of males. Furthermore, the perception that women have less opportunity to gain a job than men persists widely – and acts as a disincentive for women to access tertiary education.</p>

scholarly journals Exploring Family Characteristics, Individual Motivations and Social Norms Regarding Women’s Access to Tertiary Education in Laos

2021 ◽  
Author(s):  
◽  
Kinnaphone Sounthongdeng
Keyword(s):  
Higher Education ◽  
Economic Development ◽  
Social Norms ◽  
Gender Gap ◽  
Tertiary Education ◽  
Labour Force ◽  
Developed Countries ◽  
Family Characteristics ◽  
High Rate ◽  
The Government

<p>In aiming to graduate from Least Developed Countries status by 2020, and in joining the ASEAN Economic Community in 2015, the Government of Laos has been seeking to sustain a high rate of economic growth and to develop a skilled and proficient labour force. As such, economic development has been a focus of the government and developing skilled and proficient labour is important. Education, especially tertiary education, has also been a priority of the Government of Laos. However, the gender gap still exists in every education level with high fees just one barrier for women to get into higher education. Promoting women’s access to tertiary education is important for closing the gender gap and improving women’s livelihoods, as well as contributing to the country’s economic development.  The research explores the main barriers to women’s access to tertiary education, concentrating on family characteristics, individual motivations and social norms. Utilising a feminist lens, qualitative research has been undertaken through semi-structured interviews. Thirty interviews were conducted, including women who were current students in tertiary education institutions and women who were not in any tertiary education institution. Information regarding tertiary education policies and implementation of these policies was also gathered from key information interviews and secondary information.  The research found that family financial status is the main barrier for women to continue their education in higher education. When the family budget is limited, most parents prioritise the education of males. Furthermore, the perception that women have less opportunity to gain a job than men persists widely – and acts as a disincentive for women to access tertiary education.</p>

Expectations from Chinese Muslim Converts for Islamization of Society in Malaysia: Lessons from Life of the Companions (Angkaan Pengubahsuaian Cina Islam untuk Pengislaman Soci-ety di Malaysia: Pelajaran dari Kehidupan Para Sahabat)

2019 ◽  
Vol 16 (1) ◽  
pp. 278-296
Author(s):  
Mek Wok Mahmud ◽  
Sayed Sikandar Shah Haneef
Keyword(s):  
Economic Development ◽  
Empirical Studies ◽  
The Self ◽  
Way Of Life ◽  
Socio Economic Development ◽  
Chinese Muslims ◽  
Process Studies ◽  
Divine Guidance

Reversion to Islam while opening golden opportunities for a revert in terms of divine guidance and spiritual salvation is coming with somewhat insurmountable challenges in terms of Islamization of the self, family and contributions to the overall development of Malaysia as a multi-religious country. This is especially so when Islam as an official religion has made the issue of Islamization of the Malaysian society and its systems amongst the pivotal national agendas in the country.  As to what is the role of Chinese Muslims (reverts) in the process, studies, among others, have purported to present the statistics about their share in socio-economic development. Similarly, empirical studies point to the odds faced by this community at personal, family and community levels in their path for transition to the full Islamic way of life. To the presenters of this paper, however, the macro dimension of what it means to become a Muslim which is essential for adjustment to the Islamic requirements has not been sufficiently highlighted in discourses in the area. Accordingly, this paper presents the position statements on Islamic expectations from Chinese reverts with the purpose of motivating them to achieve greater things in the area of Islamization of their community and the nation to the effect. Keywords: Chinese converts, Islamization, expectations and challenges. Abstrak kembalinya seseorang kepada agama Islam selain dari membuka peluang keemasan dalam mendapat  petunjuk Ilahi dan pengisian rohani turut disertai dengan cabaran yang amat sukar untuk diatasi termasuklah cabaran Islamisasi diri, keluarga serta sumbangan kepada pembangunan keseluruhan Malaysia sebagai negara berbilang agama. Hal ini menjadi satu keutamaan terutamanya apabila Islam memegang status sebagai agama rasmi persekutuan yang menjadikan isu Islamisasi masyarakat Malaysia sebagai satu agenda nasional. Bagi menjayakan agenda ini, peranan umat Islam dari kalangan masyarakat Cina (cina muslim) juga perlu diambil kira. Statistik menunjukkan cina muslim turut mempunyai bahagian dalam menyumbang terhadap pembangunan sosio-ekonomi negara. Dalam pada masa yang sama, kajian empirikal membuktikan adanya bentuk bentuk cabaran yang dihadapi oleh komuniti ini di peringkat peribadi, keluarga dan komuniti dalam perjalanan mereka untuk kembali kepada cara hidup Islam yang sepenuhnya. Bagi kami pengkaji kertas ini, dimensi makro dalam menjadikan dan mengertikan  seseorang itu Muslim terutamanya dalam menyesuaikan diri dengan ajaran  Islam masih belum cukup diberi  penjelasan dan penerangan yang sewajarnya. Oleh itu, makalah ini cuba menerangkan idea dan cadangan yang berguna kepada cina muslim dengan tujuan memotivasikan  mereka bagi  mencapai kejayaan  yang lebih besar dari aspek Islamisasi di kalangan komuniti mereka seterusnya memberi sumbangan kepada negara. Kata kunci:  Cina Muslim, Islamisasi, harapan dan cabaran.

Growth and Social Capital: Empirical Analysis of the Relationship

2019 ◽  
pp. 128-134
Author(s):  
Ksenia V. Bagmet
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Economic Development ◽  
Social Development ◽  
Empirical Analysis ◽  
Panel Data Analysis ◽  
Well Being ◽  
Developed Countries ◽  
International Institute ◽  
Level Of Economic Development

The article provides an empirical test of the hypothesis of the influence of the level of economic development of the country on the level of development of its social capital based on panel data analysis. In this study, the Indices of Social Development elaborated by the International Institute of Social Studies under World Bank support are used as an indicators of social capital development as they best meet the requirements for complexity (include six integrated indicators of Civic Activism, Clubs and Associations, Intergroup Cohesion, Interpersonal Safety and Trust, Gender Equality, Inclusion of Minorities), comprehensiveness of measurement, sustainability. In order to provide an empirical analysis, we built a panel that includes data for 20 countries divided into four groups according to the level of economic development. The first G7 countries (France, Germany, Italy, United Kingdom); the second group is the economically developed countries, EU members and Turkey, the third group is the new EU member states (Estonia, Latvia, Lithuania, Romania); to the fourth group – post-Soviet republics (Armenia, Georgia, Russian Federation, Ukraine). The analysis shows that the parameters of economic development of countries cannot be completely excluded from the determinants of social capital. Indicators show that the slowdown in economic growth leads to greater cohesion among people in communities, social control over the efficiency of distribution and use of funds, and enforcement of property rights. The level of tolerance to racial diversity and the likelihood of negative externalities will depend on the change in the rate of economic growth. Also, increasing the well-being of people will have a positive impact on the level of citizens’ personal safety, reducing the level of crime, increasing trust. Key words: social capital, economic growth, determinant, indice of social development.

scholarly journals Evolution of university governance in Morocco: Which impacts?

2020 ◽  
Vol 9 (5) ◽  
pp. 94
Author(s):  
Khalid Ayad ◽  
Khaoula Dobli Bennani ◽  
Mostafa Elhachloufi
Keyword(s):  
Higher Education ◽  
Economic Development ◽  
Empirical Studies ◽  
University Governance ◽  
General Review ◽  
Theoretical Literature ◽  
Quality Of Higher Education ◽  
The Subject ◽  
The Way

The concept of governance has become ubiquitous since it is recognized as an important tool for improving quality in all aspects of higher education.In Morocco, few scientific articles have dealt with the subject of university governance. Therefore, we will present a general review of the evolution of governance through laws and reforms established by Moroccan Governments from 1975 to 2019. The purpose of the study is to detect the extent of the presence of university governance principles in these reforms.This study enriches the theoretical literature on the crisis of Moroccan university and opens the way to new empirical studies to better understand the perception of university governance concept in the Moroccan context and to improve the quality of higher education and subsequently the economic development of the country.The findings of this study show an increasing evolution of the presence of university governance principles in reforms and higher education laws.

CONCEPTUAL PRINCIPLES OF ACHIEVING INTELLECTUAL LEADERSHIP

2021 ◽  
Vol 6 (2) ◽  
pp. 100-104
Author(s):  
Liudmyla Tsymbal
Keyword(s):  
Economic Development ◽  
Intellectual Capital ◽  
Global Economy ◽  
Physical Capital ◽  
Developed Countries ◽  
Educational Process ◽  
High Tech ◽  
The Impact ◽  
Intellectual Leadership

The article identifies the key conceptual foundations for the formation of intellectual leadership of economic entities, including countries as specific actors in the global economy. Thorough preconditions for increasing the level of economic development and the impact of education have been identified. It is determined that historical concepts and modern realities of economic activity only actualize the role of education and enlightenment in the economic development of the national economy and ensuring its competitiveness. The strategies of increasing the competitiveness of individual countries of the world are analyzed, their key priorities in the conditions of formation of the knowledge economy are determined. The evolution of views on the role of human and intellectual capital in increasing the welfare of countries, the impact on GDP and other macroeconomic indicators is described. The ratings of countries are analyzed, in particular by the level of investment in intellectual capital and the structure of their GDP, which confirms the dominance of science-intensive economic activities. In addition, it was determined that the leading countries are characterized by increasing the role of knowledge-intensive activities, increasing the share of intangible assets, redistribution of capital of leading international companies and increasing research spending, increasing investment in human and intellectual capital, increasing exports of high-tech products. Analytical assessment confirms the advanced development of science-intensive industries in countries with developed economies, which creates the need for training and retraining of specialists needed for such industries. In modern conditions, the educational process ceases to be predominantly the prerogative of young people, and becomes a lifelong process, which increases spending on education in developed countries, but without denying the significant asymmetries on this indicator. Research confirms the direct relationship between the quality of human and physical capital and economic development, which is typical of highly developed countries, one of the main reasons for the development lag of the poorest countries. In addition, the article substantiates the key factors of intellectual leadership and their impact on the development of economic development strategies.

Efficiency Driven Effect of Education in China: The Perspective of Global Competitiveness and Graduate Education

2021 ◽  
Vol 1 (1) ◽  
pp. 36-43
Author(s):  
Jia Liu ◽  
Lun Li
Keyword(s):  
Higher Education ◽  
Economic Growth ◽  
Economic Development ◽  
Practical Significance ◽  
Education Policies ◽  
Global Competitiveness ◽  
Higher Education Policies ◽  
Level Of Economic Development ◽  
Education In China

Capital, natural resources, technology and education are often considered to be the most important factors in improving the level of economic development. China is in the "efficiency-driven" stage of economic development. There are objective laws in the development of education level and economic growth, but they interact with each other. Economic growth provides the foundation and necessary conditions for the development of education. At the same time, the role of education in promoting economic growth is also very obvious. Based on the perspective of postgraduate training, this paper studies the role of education in economic efficiency-driven, through the study of theory, data collection and empirical analysis, combined with the development characteristics of China's higher education, and compares China's and US higher education policies to guide China's higher education. The development of education, and then promote the transformation of China into the "innovation-driven" stage, has certain theoretical and practical significance.

SOCIAL INSTITUTIONS AND THEIR IMPACT ON THE CYCLICAL DEVELOPMENT OF THE ECONOMY

2021 ◽  
Vol 16 (4) ◽  
pp. 133-147
Author(s):  
I.R. LYAPINA ◽  
◽  
T.A. ZHURAVLEVA ◽  
I.V. SKOBLIAKOVA ◽  
◽  
...  
Keyword(s):  
Economic Development ◽  
Social Relations ◽  
Social Institutions ◽  
Economic Benefits ◽  
Regulatory Processes ◽  
The Family ◽  
Production And Distribution ◽  
Optimization Mechanism ◽  
Theoretical Foundations

The purpose of the research is to study of the features of the influence of social institutions on the cyclicality and dynamics of economic development in the context of identifying the role of social institutions at individual phases of the cycle of economic development, as well as consideration of the functions and tools of social institutions by phases of economic development. The subject of the research is a set of roles, functions and tools of social institutions related to different phases of the cycle of economic development. The methodological base is formed for the implementation of scientific research tasks. Its tools are methods that allow reflecting the features of the influence of social institutions on the cyclical nature of the economy: the method of theoretical foundations, the method of grouping, the method of analysis, the method of comparison, the method of implication. As a result of the study, it is indicated that the functions of social institutions should be highlighted: the consolidation of emerging social relations, adaptation, regulatory processes, a communication basis and a translational basis. The instruments that influence economic fluctuations are formed in the context of social institutions. Thus, the institution of the family is characterized by the use of an optimization mechanism, the concept of sustainability of social relations, the concept of production and distribution of economic benefits in order to meet the needs of each of the subjects.

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