scholarly journals The Impact of Various Mode of Financings in Reducing Inequality in Various Groups of Countries

2021 ◽  
Vol 3 (2) ◽  
pp. 25-43
Author(s):  
Irma Yuliani ◽  
Muhammad Abdul Rohman
Keyword(s):  
World Bank ◽  
Low Income ◽  
Positive Impact ◽  
Low Income Countries ◽  
Islamic Banks ◽  
Middle Income ◽  
Middle Income Countries ◽  
Islamic Bank ◽  
The Impact ◽  
Positive Effect

The existence of Islamic bank not always provide positive impact to the real sector of economy. Declining inequality is one of the expected significant impacts with appyling mode of financing as instrument to relize that. This study aims to investigate the impact of mode of financing was applied by Islamic bank to reduce inequality among countries of IsDB Group. World bank data and IDB data of Islamic banks are employed as samples from 1977 to 2018. The results show that equity and leasing have a positive effect and significant to reduce inequality for low income countries, where the leasing or ijarah have the most effective impact than all. In addition, instalment sale of financing has a significant impact to reduce inequality for middle-income countries, loan is being the only significant mode of financing to reduce inequality in all IDB countries. Unfortunately, Mudharabah, PLS (profit and loss sharing), Murabahan and Istishna have not significantly impact to reduce inequality

IPRs and Innovation, Technology Transfer, and Economic Welfare

2020 ◽  
pp. 1536-1568
Author(s):  
Juan Manuel Gil ◽  
Luis Angel Madrid ◽  
Carlos Hernán Fajardo
Keyword(s):  
Technology Transfer ◽  
Low Income ◽  
Positive Impact ◽  
Low Income Countries ◽  
Economic Welfare ◽  
Middle Income ◽  
Middle Income Countries ◽  
Transfer Of Technology ◽  
The Difference ◽  
Dissemination Of Technology

The TRIPS agreement states that Intellectual Property Rights (IPRs) protection should contribute to the promotion of technological innovation, economic welfare, and to the transfer and dissemination of technology. However, there is still no consensus on whether IPRs protection has achieved its goal. Thus, the chapter provides a discussion on how the impact of IPRs on innovation, technology transfer, and economic welfare is affected by the difference in the income level of the countries. The results suggest that in high-income and upper middle-income countries, IPRs have a positive impact in these variables. Nevertheless, it seems that in lower middle-income and low-income countries, IPRs have not increased innovation, spurred transfer of technology. or created economic welfare.

scholarly journals On the determinants of trade openness in low- and lower–middle-income countries in Africa: how important is economic growth?

2019 ◽  
Vol 5 (1) ◽  
Author(s):  
Dennis Boahene Osei ◽  
Yakubu Awudu Sare ◽  
Muazu Ibrahim
Keyword(s):  
Economic Growth ◽  
Low Income ◽  
Trade Openness ◽  
Generalized Method Of Moments ◽  
Low Income Countries ◽  
Special Focus ◽  
Middle Income ◽  
Middle Income Countries ◽  
Real Gdp Per Capita ◽  
The Impact

AbstractThe existing literature highlights the determinants of trade openness with disregard to the income classifications of countries in examining whether the determinants differ given their income levels. This study, therefore, re-examines the drivers of trade openness in Africa relying on panel data with special focus on the role of economic growth. More specifically, we perform a comparative analysis of the factors influencing trade openness for low-income and lower–middle-income countries using the system generalized method of moments. Our findings suggest that, while economic growth robustly enhances openness in low-income countries, in the case of lower–middle-income countries, the impact is not robust and largely negative suggesting that higher growth is associated with less openness. We also find that, economic growth–openness nexus for the lower-income countries exhibits non-linearities and inverted U-shaped relationship in particular. Thus, while increases in real GDP per capita enhance openness, beyond an estimated threshold point, any increases in economic growth dampen openness. We discuss key implications for policy.

More than poverty

2016 ◽  
Vol 40 (6) ◽  
pp. 536-543 ◽  
Author(s):  
Theodore D. Wachs ◽  
Santiago Cueto ◽  
Haogen Yao
Keyword(s):  
Low Income ◽  
Large Scale ◽  
Cumulative Risk ◽  
Low Income Countries ◽  
Data Set ◽  
Middle Income ◽  
Middle Income Countries ◽  
Developmental Risks ◽  
The Impact ◽  
Low And Middle Income

Studies from both high and low-middle income (LAMI) countries have documented how being reared in poverty is linked to compromised child development. Links between poverty and development are mediated by the timing and extent of exposure to both risk factors nested under poverty and to protective influences which can attenuate the impact of risk. While children from high-, middle-, and low-income countries are exposed to similar types of developmental risks, children from low- and middle-income countries are exposed to a greater number, more varied and more intense risks. Given these contextual differences, cumulative risk models may provide a better fit than mediated models for understanding the nature of pathways linking economic insufficiency and developmental inequality in low- and middle-income countries, and for designing interventions to promote development of children from these countries. New evidence from a large scale UNICEF data set illustrates the application of a cumulative risk/protective perspective in low- and middle-income countries.

scholarly journals Why Do Countries Request Assistance from International Monetary Fund? An Empirical Analysis

2021 ◽  
Vol 14 (3) ◽  
pp. 98
Author(s):  
Ifrah Siddique ◽  
Muhammad Azmat Hayat ◽  
Muhammad Zahid Naeem ◽  
Abdullah Ejaz ◽  
Cristi Spulbar ◽  
...  
Keyword(s):  
International Monetary Fund ◽  
Low Income ◽  
Positive Impact ◽  
Current Account Deficit ◽  
Fixed Effect Model ◽  
Low Income Countries ◽  
Middle Income ◽  
Middle Income Countries ◽  
Effect Model ◽  
The Imf

This paper investigates the determinants behind persistent and prolonged stays under the International Monetary Fund (IMF) program and its effectiveness, using panel data consisting of 70 countries that have requested IMF support multiple times, during the period 1980–2018. By employing panel survival analysis, we conclude that weak economic indicators, e.g., current account deficit, high debt service ratio, low GDP, are the main reasons that force a country to reach out to the IMF support program. We further extend our analysis to investigate the effectiveness of the IMF program by dividing our sample into two groups, based on income level. To overcome the issue of endogeneity, we implement the panel instrumental two-stage least squares (2SLS) fixed-effect model. In the light of our analysis, we find a contemporaneous positive impact of the IMF fund program on the economic growth of upper middle-income countries, while, for low-income countries, its contemporaneous impact is insignificant, but becomes visible over time.

scholarly journals Pulmonary Tuberculosis and Diabetes Mellitus Profile

2015 ◽  
Vol 2 (1) ◽  
pp. 11-15 ◽  
Author(s):  
Hatim Kouismi ◽  
Sanae Hammi ◽  
Khalid Bouti ◽  
Aziza Rhanim ◽  
Khaoula El Ataouna ◽  
...  
Keyword(s):  
Diabetes Mellitus ◽  
Pulmonary Tuberculosis ◽  
Low Income ◽  
Low Income Countries ◽  
Middle Income ◽  
Middle Income Countries ◽  
Patients With Diabetes ◽  
Male Patients ◽  
The Impact

Background : About 95% of patients with tuberculosis (TB) and 70% of patients with diabetes mellitus (DM) live in low and middle-income countries. As a result, DM and TB are increasingly occurring together. The risk of tuberculosis is two to five times greater in patients with diabetes.The purpose of this study is to analyze the characteristics of pulmonary tuberculosis in patients with diabetes and to evaluate the impact of tuberculosis on diabetes control. Patients and Methods : This is a retrospective study of 80 patients with confirmed pulmonary tuberculosis, comparing 30 patients with diabetes with 50 without diabetes. Results : Diabetes was more frequent in older patients with tuberculosis and in male patients. 63,3% had type 2 diabetes. Tuberculosis symptoms did not differ between the two groups. Involvement of basal segments of the lower lobes and cavitation occurred more frequently in patients with diabetes, but this difference was not significant. The time for conversion to negative of sputum culture was longer in control patients (44,1 ± 20,2 days) than in case (36 ± 18.3) (p = 0.08). Conclusion : Tuberculosis is frequently associated with diabetes mainly in low-income countries. The problem with this association could be accentuated in the future

scholarly journals Overview of the Development, Impacts, and Challenges of Live-Attenuated Oral Rotavirus Vaccines

Vaccines ◽  
2020 ◽  
Vol 8 (3) ◽  
pp. 341 ◽  
Author(s):  
Olufemi Samuel Folorunso ◽  
Olihile M. Sebolai
Keyword(s):  
Low Income ◽  
Vaccine Development ◽  
Cost Effective ◽  
Low Income Countries ◽  
Effective Vaccine ◽  
Middle Income ◽  
Middle Income Countries ◽  
Rotavirus Vaccines ◽  
The Impact ◽  
Infants And Young Children

Safety, efficacy, and cost-effectiveness are paramount to vaccine development. Following the isolation of rotavirus particles in 1969 and its evidence as an aetiology of severe dehydrating diarrhoea in infants and young children worldwide, the quest to find not only an acceptable and reliable but cost-effective vaccine has continued until now. Four live-attenuated oral rotavirus vaccines (LAORoVs) (Rotarix®, RotaTeq®, Rotavac®, and RotaSIIL®) have been developed and licensed to be used against all forms of rotavirus-associated infection. The efficacy of these vaccines is more obvious in the high-income countries (HIC) compared with the low- to middle-income countries (LMICs); however, the impact is far exceeding in the low-income countries (LICs). Despite the rotavirus vaccine efficacy and effectiveness, more than 90 countries (mostly Asia, America, and Europe) are yet to implement any of these vaccines. Implementation of these vaccines has continued to suffer a setback in these countries due to the vaccine cost, policy, discharging of strategic preventive measures, and infrastructures. This review reappraises the impacts and effectiveness of the current live-attenuated oral rotavirus vaccines from many representative countries of the globe. It examines the problems associated with the low efficacy of these vaccines and the way forward. Lastly, forefront efforts put forward to develop initial procedures for oral rotavirus vaccines were examined and re-connected to today vaccines.

scholarly journals Free Trade Agreements and Environment for Sustainable Development: A Gravity Model Analysis

2019 ◽  
Vol 11 (3) ◽  
pp. 597 ◽  
Author(s):  
Xing Yao ◽  
Rizwana Yasmeen ◽  
Yunong Li ◽  
Muhammad Hafeez ◽  
Ihtsham Padda
Keyword(s):  
Free Trade ◽  
Low Income ◽  
Positive Impact ◽  
Group Analysis ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
High Income ◽  
Low Income Countries ◽  
Middle Income ◽  
The Impact

Free trade agreements (FTAs) have a key role in the global value chain. In the meantime, these are also disturbing the environmental balance of the world. The objective of this study is to check whether the trade is good or bad for the environments of countries that are bonded by trade agreements. This study examines the impact of FTAs on bilateral carbon emissions within the gravity framework. We find a positive impact of FTA agreements on bilateral CO2 pollution. However, in an income-based country group analysis, we find mixed evidence regarding FTAs. The analysis concerning high income countries indicates that free trade agreements are beneficial for high income countries, while, in the case of upper middle income and lower middle income countries, we find that the free trade agreements are not beneficial for their environments. These results of the effects of FTAs on bilateral CO2 pollution imply that low income countries have a greater pollution effect even after the implementation of an FTA due to lenient environmental standards. There is a need for developing countries to learn from high income countries, as their FTAs are beneficial for decreasing pollution.

IPRs and Innovation, Technology Transfer, and Economic Welfare

2017 ◽  
pp. 91-131
Author(s):  
Juan Manuel Gil ◽  
Luis Angel Madrid ◽  
Carlos Hernán Fajardo
Keyword(s):  
Technology Transfer ◽  
Low Income ◽  
Positive Impact ◽  
Low Income Countries ◽  
Economic Welfare ◽  
Middle Income ◽  
Middle Income Countries ◽  
Transfer Of Technology ◽  
The Difference ◽  
Dissemination Of Technology

The TRIPS agreement states that Intellectual Property Rights (IPRs) protection should contribute to the promotion of technological innovation, economic welfare, and to the transfer and dissemination of technology. However, there is still no consensus on whether IPRs protection has achieved its goal. Thus, the chapter provides a discussion on how the impact of IPRs on innovation, technology transfer, and economic welfare is affected by the difference in the income level of the countries. The results suggest that in high-income and upper middle-income countries, IPRs have a positive impact in these variables. Nevertheless, it seems that in lower middle-income and low-income countries, IPRs have not increased innovation, spurred transfer of technology. or created economic welfare.

scholarly journals ON THE RELATIONSHIP BETWEEN HUMAN CAPITAL INEQUALITY AND GLOBALIZATION

2017 ◽  
Vol 18 (2) ◽  
Author(s):  
Yasmin Bani
Keyword(s):  
Developing Countries ◽  
Human Capital ◽  
Low Income ◽  
Composite Index ◽  
Low Income Countries ◽  
Trade Theory ◽  
Middle Income ◽  
Middle Income Countries ◽  
Political Globalization ◽  
The Impact

This study attempts to tackle the inequality and globalization issue by departing from the usual convention and studying the effect of globalization on another distribution, which is the distribution of human capital. We would like to investigate whether globalization helps to alleviate or worsen inequality in education and benefit everyone in the observed population in the same way in terms of education. Moreover, we would also like to analyze whether the benefit or loss experienced by countries differ across the level of development. Our focus is on the impact of the composite index of globalization as well as its three different dimensions on education inequality. The study shows that the developing countries (low and middle-income countries) do not necessarily benefit from globalization, which clearly contradicts the standard trade theory. This is because we observe the existence of variation of effects within the developing countries itself. Globalization narrows the education gap in low-income countries but it widens the gap in middle-income countries. Additionally, the study also show the importance of social and political globalization, which is often ignored in existing literature. The results are robust to different measures of globalization, exclusion of countries from different regions and inclusion of several control variables.Keywords: Globalization; Human Capital Inequality; System GMM.

scholarly journals Financial Crises, Income Levels and Access to Finance

2017 ◽  
Vol 12 (2) ◽  
pp. 112-124
Author(s):  
Halil Dincer Kaya
Keyword(s):  
Low Income ◽  
High Income ◽  
Low Income Countries ◽  
Access To Finance ◽  
Global Crisis ◽  
Middle Income ◽  
Market Capitalization ◽  
Middle Income Countries ◽  
Run Up ◽  
The Impact

Abstract In this study, we examine the impact of the 2008 Global Crisis on “access to finance” in high-income OECD, high-income non-OECD, middle-income, and low-income countries. We use three measures of access to finance. These are “Number of bank branches per 100,000 adults”, “Value traded of top 10 traded companies to total value traded (%)”, and “Market capitalization outside of top 10 largest companies to total market capitalization (%)”. During the run-up to the crisis and immediately after the crisis, we do not find any significant change in any of the three “access to finance” measures. We find that, during the crisis, only middle-income countries were affected significantly. These countries were affected in only one of the measures which is “Value traded of top 10 traded companies to total value traded (%)”. This measure went up and this change is marginally significant. We conclude that the global crisis only affected “access to finance” in middle-income countries.

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