scholarly journals Employment Women Through Entrepreneurship Development and Education in Developing Countries

JWEE ◽  
2018 ◽  
pp. 17
Author(s):  
Mirjana Radović-Marković ◽  
Priscilla Achakpa
Keyword(s):  
Developing Countries ◽  
Informal Economy ◽  
Developing Economies ◽  
Skill Training ◽  
Global Market ◽  
Female Entrepreneurship ◽  
Female Entrepreneurs ◽  
Important Challenge ◽  
Major Factors ◽  
The Impact

Women entrepreneurship is today one of the major factors contributing to a country’s prosperity and to the global market in general. However, females still own and manage significantly fewer businesses than men. Especially, women in developing countries face disadvantages and discrimination. Compared to their male counterparts, women in developing countries have a lower level of education and skill training. Another important challenge for female entrepreneurs in developing countries is the issue of safety and protection of women, especially those operating in the informal economy. The most female entrepreneurs in developing economies are motivated to start their businesses out of necessity, reflecting lack of employment alternatives or dissatisfaction with existing employment. The overall nature and extent to which female entrepreneurship can develop in developing economies is greatly influenced by project to strengthening them. In line with this, the aim of our research was to explore the impact of one of these programmes -GWIN project and its effect to empowering women in Nigeria. Based on the findings, it was concluded that GWiN project plays a significant role in the economic development of women in Nigeria through the benefits of various supports to them.

Assessing the Environmental and Social Obstacles to Women Entrepreneurs

2021 ◽  
pp. 90-105
Author(s):  
Nazima Elahi ◽  
Qaisar Ali Malik
Keyword(s):  
Developing Countries ◽  
Well Being ◽  
Primary Data ◽  
Social Entrepreneurs ◽  
Access To Finance ◽  
Female Entrepreneurship ◽  
Female Entrepreneurs ◽  
Entrepreneurship Development ◽  
The Social ◽  
Major Factors

Economic development is an ultimate goal of developing countries and utilization of human capital to achieve this goal is accepted vital globally. Entrepreneurship, recognized as a central force to bring economic growth, needs more women to be involved in this context. Studies on female-entrepreneurs are missing for developing countries, especially in the context of Pakistan. Therefore, this study is aimed to find the social and environmental factors acting as hindrance to female-entrepreneurship development in Pakistan. Primary data is collected from five major divisions of Pakistan involving 200 social entrepreneurs engaged in running their businesses and contributing towards the social well-being of society. The findings highlighting the major environmental and social factors are generalized and presented against each division in results section. It is concluded that access to finance, social norms, lack of adequate infrastructure, registration facilities, access to marketing, and acknowledgment are among the major factors, which deter their entrepreneurship development.

scholarly journals Renewable Energy Development as a Driver of Economic Growth: Evidence from Multivariate Panel Data Analysis

2019 ◽  
Vol 11 (8) ◽  
pp. 2418 ◽  
Author(s):  
Nadia Singh ◽  
Richard Nyuur ◽  
Ben Richmond
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Renewable Energy ◽  
Energy Production ◽  
Developing Economies ◽  
Panel Data Analysis ◽  
Least Square ◽  
Renewable Energy Production ◽  
The Future ◽  
The Impact

Renewable energy is being increasingly touted as the “fuel of the future,” which will help to reconcile the prerogatives of high economic growth and an economically friendly development trajectory. This paper seeks to examine relationships between renewable energy production and economic growth and the differential impact on both developed and developing economies. We employed the Fully Modified Ordinary Least Square (FMOLS) regression model to a sample of 20 developed and developing countries for the period 1995–2016. Our key empirical findings reveal that renewable energy production is associated with a positive and statistically significant impact on economic growth in both developed and developing countries for the period 1995–2016. Our results also show that the impact of renewable energy production on economic growth is higher in developing economies, as compared to developed economies. In developed countries, an increase in renewable energy production leads to a 0.07 per cent rise in output, compared to only 0.05 per cent rise in output for developing countries. These findings have important implications for policymakers and reveal that renewable energy production can offer an environmentally sustainable means of economic growth in the future.

scholarly journals How do Globalization, Technological Change and Employment Impact Economic Growth in Developing Countries? Evidence from Panel Data Analysis

2018 ◽  
Vol 1 (1) ◽  
pp. 39-49
Author(s):  
Fatima Saleem ◽  
Fatima Farooq ◽  
Imran Sharif Chaudhry ◽  
Noreen Safdar
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Developing Economies ◽  
Panel Data Analysis ◽  
Trade Openness ◽  
Causality Analysis ◽  
Causality Test ◽  
Panel Ardl ◽  
Long Run ◽  
The Impact

This study aims at exploring the impact of globalization, technology and employment on economic growth of developing economies. This study also observed the long-run, short-run and causality relationships between globalization, technological innovations, employment, and economic growth for 20 selected developing countries covering the data for period of 1991 to 2017.  Since stationary of variables is examined through ADF tests, Levin-Lin-Chu test, and IM-Pesaran-Shin test and resulted with mixed order of integration, Panel ARDL estimation techniques are employed to measure the long run effects of these variables on growth of selected economies. Dumitrescu-Hurlin panel Granger Causality test was applied for causality analysis. All variables have strong positive and significant relationship with growth. This study concluded that knowledge and research-based education have a key role in promoting long-run growth as evident from the ‘New growth theory’ of Romer. On the basis of these results, it is suggested that knowledge and research-based education should be promoted and export-oriented policies should also be encouraged to attain benefits of trade openness and globalization for accelerating economic growth on sustainable basis.

scholarly journals Impact of Foreign Direct Investment on Domestic Investment in Developing Countries

2020 ◽  
Vol 6 (9) ◽  
pp. 256-266
Author(s):  
A. Mamatkulov
Keyword(s):  
Developing Countries ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Developing Economies ◽  
Negative Impact ◽  
Domestic Investment ◽  
Short Term ◽  
Total Investment ◽  
The Impact

Author analyzes the impact of foreign direct investment on domestic investment in host developing countries and checks whether a foreign direct investment has a “positive” or “negative” impact on domestic investment, as well as evaluating the impact of selected variables on this relationship. Using a full sample, the main conclusion of this study is that FDI does have a positive (crowding out) effect on domestic investment in this sample of developing economies. In the short term, an increase in FDI by one percentage point as a percentage of GDP leads to an increase in total investment as a percentage of the host country’s GDP of about 10.7%, while in the long term this effect is about 31% dollar terms, one US dollar represents us 1.7$ of total investment in the short term and us 3.1$ in the long term. Based on the results of this study, it was once again proved that inflation hinders domestic investment in host countries by 0.04% and 0.12% in the short and long term, respectively.

scholarly journals R&D Expenditure R&D Expenditure as an Accelerator of Economic Growth with Special Reference to Developing Countries

2021 ◽  
Vol 7 (3) ◽  
Author(s):  
Tariq Mahmood Ali ◽  
Adiqa Kausar Kiani ◽  
Tariq Bashir ◽  
Talah Numan Khan
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Developing Economies ◽  
Positive Association ◽  
Estimation Model ◽  
Panel Ardl ◽  
Long Run ◽  
Short Run ◽  
The Impact ◽  
D Investment

Purpose: In this network age, among the other factors which increase economic growth, the R&D activities, a pivotal and effective factor, carried out by a country. The present study attempts to investigate the empirical R&D expenditure-economic growth nexus in developing and developed economies, and also provides useful insight about how R&D investment works to enhance the economic growth of a country. Design/Methodology/Approach: In this regard, 21 years data of top 100 economies of the world from 1995 to 2015 has been utilized. The Panel ARD Model approach has been preferred to explore the impact of R&D investment on economic growth (GDP). For construction of the estimation model, five different variables are used. In order to accomplish the results, along with analysing the data of 100 countries a whole, analysis has also been made by dividing countries into different categories and groups. Overall, the Panel ARDL test has been performed on nine different groups of countries. Findings: The results reveal that, ceteris paribus, there is a strong positive association between R&D expenditure and economic growth (GDP) in the long-run; 1% increase in GERD leads to 0.07% increase in GDP. However, the impact in the developing countries (0.043%) is lower compared to the developed OECD countries (0.27%). No impact of the R&D expenditure on economic growth is observed in the short-run. Implications/Originality/Value: The study presents some thought-provoking ideas, policy recommendations and implications for the policy makers, planners and researchers, especially in the context of developing economies.  

scholarly journals Asian financial development: the rise of a new financial system

2021 ◽  
Vol 10 (37) ◽  
pp. 155-167
Author(s):  
Elnur T. Mekhdiev ◽  
Zulfiya M. Bikmetova ◽  
Elvira N. Iamalova ◽  
Oksana N. Ignatieva ◽  
Aygul F. Samigullina
Keyword(s):  
Developing Countries ◽  
Financial Institutions ◽  
Regional Integration ◽  
Developing Economies ◽  
Financial System ◽  
Global Imbalances ◽  
International Financial Institutions ◽  
Economic Strategy ◽  
Long Run ◽  
The Impact

Today, the global financial system is inefficient in bridging the gap between the developed and developing countries. The dynamically developing countries, such as Asian states, are not satisfied with modern international financial institutions and are actively involved in regional integration, creating new international financial institutions. The newly formed financial institutions contribute to the formation of a different system of financial relations in Asia, which, in turn, is being transformed into the Asian financial system. These trends cannot avoid the impact of the global imbalances. The object of the article is to prove the efficiency of the Asian financial institutions in fighting global imbalances in the region. The major task of these institutions is not the substitution of the current global mechanisms, but their assistance and helping them in solving the global problems on the regional level. The major results include the proof that the developing economies in Asia are more consolidated and capable of conducting a single economic strategy in the long run and the proof of the higher efficiency of Asian financial institutions and their single geo-economic strategy in the long run; this suggests that a new Asian financial system is being built.

scholarly journals Characteristics of the Textile Industry of Two Asian Powers: China and India. Prospects for their Further Development on Global Markets

2019 ◽  
Vol 27 (5(137)) ◽  
pp. 10-19
Author(s):  
Anna Antczak ◽  
Marianna Greta ◽  
Agata Kopeć ◽  
Jacek Otto
Keyword(s):  
Developing Countries ◽  
Textile Industry ◽  
Global Economy ◽  
Global Market ◽  
Global Markets ◽  
China And India ◽  
The Impact ◽  
Further Development

The aim of this study is to characterise the textile industry of the two global giants in this field - China and India and to discuss the impact they exert on the global economy. For centuries the fibre and textile industry has played a key role for humanity. The study also draws attention to international arrangements for trade in textiles and its liberalisation. This allowed for further development of this branch of the economy and participation in the global market of developing countries.

scholarly journals The Shadow Pandemic: Examining the Impact of COVID-19 on Zimbabwean Informal Sector in Chiredzi District

2021 ◽  
Vol 4 (1) ◽  
pp. 1-10
Author(s):  
Bismark Mutizwa
Keyword(s):  
Informal Sector ◽  
Informal Economy ◽  
Preventive Measures ◽  
Developing Economies ◽  
Illustrative Case ◽  
Government Grants ◽  
Remedial Actions ◽  
The Government ◽  
The Impact ◽  
Informal Traders

COVID-19 has disrupted the business sector globally, ushering developed and developing economies into an unprecedented recession beyond anything experienced in nearly a century. Governments across the globe have adopted a myriad of preventive measures. These remedial actions vary from one country to the other. Nonetheless, in Zimbabwe the government gave a blind eye on the informal sector as evidenced by the adopted preventive measures which neglected the plight of informal traders. To this end, this research interrogates the shadow pandemic in the Zimbabwean informal sector using Chiredzi District as an illustrative case study. Documentary review and key informed interviews were at the core of research methodology. The study found out that informal economy businesses are excluded from government grants, closure of businesses, failure to pay rentals, disruption of the supply chain, psychological impact and family dysfunctional are the quandaries causing a shadow pandemic. Inclusion of informal economy businesses in policies and government grants, government should negotiate with landlords, informal traders should be allowed to operate and inclusive social nets are the possible remedial actions that the government can adopted.

scholarly journals Debt and Economic Growth in South Asia

2001 ◽  
Vol 40 (4II) ◽  
pp. 677-688 ◽  
Author(s):  
Rehana Siddiqui ◽  
Afia Malik
Keyword(s):  
Developing Countries ◽  
Interest Rates ◽  
South Asian ◽  
Low Income ◽  
Income Country ◽  
Asian Countries ◽  
Factors Affecting ◽  
Low Income Country ◽  
Major Factors ◽  
The Impact

After 1980s, in most developing countries, the rate of debt accumulation and increase in debt servicing are highlighted as major factors affecting the growth rate of output. Most of these countries lost their competitiveness in the international market mainly as a result of insufficient exchange rate adjustments. In addition, the weakening of terms of trade, economic mismanagement and crisis of governance also lowered growth rates in the developing countries. The downward pressure was larger in the countries facing higher debt burden as these countries faced higher interest rates, decline in the external resource inflow, lower export earnings, lower domestic output and lower imports. In case of South Asian countries, the external debt scenario has changed over time. According to World Bank (2001) Pakistan’s ranking worsened to ‘severely-indebted low income country’ from ‘moderately-indebted low income country’ in 1997, where as India’s ranking improved to ‘less indebted low income’ country from ‘moderately indebted’ in 1997. The rapid accumulation of debt, rising repayment burden and the economically and politically resource inflow or rescheduling motivated rescheduling of debt (as in case of Pakistan) has raised concerns regarding the impact of debt on the growth process of the South Asian countries.

scholarly journals Critical Exploration of Indian Economic Reforms of 1991: a lesson for Developing Economies

2019 ◽  
Vol 8 (5S3) ◽  
pp. 490-500 ◽  
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Crisis ◽  
Developing Economies ◽  
Economic Reforms ◽  
Indian Economy ◽  
International Pressure ◽  
Critical Exploration ◽  
The Impact

The purpose of this research is to examine the impact of reforms that took place in Indian economy in 1991. Balance of payment difficulty resulted in acute economic crisis and therefore economic reforms were inevitable. Post this incident; there have been three more phases of economic reforms. Economic reforms were compelled due to international pressure of the situation post balance of payment crisis of 1991. The significance of this study lies in the derivation of various ways in which these reforms played a major role in the transformation of Indian economy in the form of its impact on poverty, education, socio-cultural mixture, economic growth etc. We have tried to revisit situation of payments crisis and tried to understand if these reforms were enough and were they concrete measures to tackle long-term problem or if they were only sufficient to handle the crisis. Finally we have tried to find out, as to what was left out of reforms or what other measures could have been taken. Balance of payment difficulties are difficulties faced by most of the underdeveloped or developing countries

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