Capital Expenditure, Recurring Expenditure, and Development Planning Comments on Dr. Huda's Address

1968 ◽  
Vol 8 (3) ◽  
pp. 354-364
Author(s):  
M. Akhlaqur Rahman
Keyword(s):  
Financial Planning ◽  
Capital Expenditure ◽  
Development Planning ◽  
Development Project ◽  
Development Projects ◽  
Capital Costs ◽  
Operation And Maintenance ◽  
The Government ◽  
The Impact

The purpose of this note is to discuss the nature of the problems created -by the "impact of the capital expenditure on the subsequent liabilities of re¬curring expenditure"1 of the government and to suggest certain remedies for either eliminating or reducing such problems. The problem, as stated below, basically relates to the financial planning of development projects. The installation of a development project involves capital costs. The running of the project, after its completion, involves the costs of operation and maintenance, i.e., the recurring costs. The purpose of * financial planning is to maximize the surplus of returns over the costs of opera¬tion, including the maintenance and replacement costs.

scholarly journals Development and Culture in the Context of Chittagong Hill Tracts (Cht), Bangladesh

2021 ◽  
Vol 37 (2) ◽  
pp. 87-103
Author(s):  
Sabiha Yeasmin Rosy
Keyword(s):  
Indigenous People ◽  
Indigenous Peoples ◽  
Development Planning ◽  
Development Project ◽  
Development Projects ◽  
Chittagong Hill Tracts ◽  
Post Conflict ◽  
Military Presence ◽  
History Of ◽  
The Government

This paper aims to understand the background of development and draws a link to culture in the context of Chittagong Hill Tracts (CHT) - a post conflict region – to explore how the dispossession and commercialisation of culture in development planning is processing tension between different actors by reviewing secondary literature. The Indigenous people of Bangladesh have a longstanding history of struggle to achieve self-determination due to their institutional reference as ‘tribes’ or ‘ethnic minorities’. Denial of Indigenous peoples’ identity contributes to their discrimination and violation within the existing development concerns. The specific structural regulations and resource mobilization activities resulting from institutions – government, military, and powerful individuals - in areas inhabited by Indigenous people reflect the asymmetrical relations between Indigenous peoples and Bangalee actors. The conflict started in this region with the mobilization of ethnic majority Bangalee through the settlement programs in 1970s as a part of ‘development’ project, which later created tensions in this region due to the exploitation of people, land, and culture. As the government and ongoing military presence greatly shape ‘development’ for local people, the power relations between different actors facilitate the various forms of exploitative development projects. In addition, the ignorance towards integration of culture in development projects results in imposing threats to Indigenous peoples’ lives, livelihoods, and access to resources. This paper focuses on the economic expansions in this region from modernist perspectives drawing the example of tourism development in the CHT, which can marginalize and exploit Indigenous people in the making of ‘development’, Social Science Review, Vol. 37(2), Dec 2020 Page 87-103

scholarly journals The Development Impact on Communities in Chenang Beach, Langkawi Island/ Impak Pembangunan Terhadap Masyarakat di Pantai Chenang, Pulau Langkawi

2019 ◽  
Vol 11 (2-2) ◽  
Author(s):  
Khofizhoah Mohd Karim ◽  
Zuraida Mohamad Nizar ◽  
Sezali Md Darit ◽  
Mohd Fo’ad Sakdan
Keyword(s):  
Local Community ◽  
Positive Impact ◽  
Negative Relationship ◽  
Development Project ◽  
Development Projects ◽  
Significant Finding ◽  
The Government ◽  
Set Up ◽  
Local Agencies ◽  
The Impact

Less controlled development at Chenang Beach created an unhealthy environment in the area. In fact, most of the built buildings are not approved by the local agencies. Hence, the purpose of this study is to identify the impact of development received by the community based on the effectiveness of development at Chenang Beach. Using stratified and systematic random sampling methods, this study was conducted in five villages within Chenang Beach area. Questionnaire were set up and distributed to 368 respondents. The findings show that there is a significant and negative relationship between the location of development and the impact of development. Whereas, in terms of planned development projects, the findings show that there is no relationship between the development project and the impact of development. However, the study also revealed significant finding, that is, when more areas are being developed, the acceptance among the local community are declining. In addition, this study also shows that development projects undertaken by the government or the private sector do not affect the society as a whole. Therefore, the need for planning and development begins from the aspirations of the local community so that the development implemented has a positive impact on society.

scholarly journals Government Expenditure and Economic Growth Nexus: Evidence from Nigeria

2016 ◽  
Vol 5 (4) ◽  
pp. 56
Author(s):  
Oyediran, Leye Sherifdeen ◽  
Sanni, Ibrahim ◽  
Adedoyin, Lukman ◽  
Oyewole Olabode Michael
Keyword(s):  
Economic Growth ◽  
Capital Expenditure ◽  
Government Expenditure ◽  
Least Square ◽  
National Bureau ◽  
Fiscal Discipline ◽  
Secondary Sources ◽  
Economic Development And Growth ◽  
The Government ◽  
The Impact

The need to better the lots of citizens through government expenditure has raised questions on the impact of government expenditure on the economic development and growth of nations. It is against this background that this paper examined the antecedent effect of government spending on the Nigerian economic growth. The general objective of the study is to ascertain the relationship between government expenditure and economic growth in Nigeria; specifically, the study examined: (i) the significance influence of government capital expenditure on economic growth in Nigeria and (ii) the significance influence of government recurrent expenditure on economic growth in Nigeria. The study employed ordinary least square (OLS) multiple regression analysis in estimating the specified model, with the Gross Domestic Product (GDP) as the dependent variable, while Capital Expenditure (CAPEXP) and Recurrent Expenditure (REXP) are the independent variables. Data between 1980 – 2013 were collected from secondary sources through the National Bureau of Statistics (NBS) and Central Bank of Nigeria (CBN). Results showed that in Nigeria, there exist a significant relationship between the government expenditure and economic growth. The study therefore recommends instilling fiscal discipline in government expenditures, and putting in place structural mechanisms to act as surveillance on capital spending so as to boost the nation’s human and social capital.

scholarly journals Biomass-Based Innovations in Demand Driven Research and Development Projects in Africa

2018 ◽  
Author(s):  
Raymond Jatta ◽  
Nana Afranaa Kwapong ◽  
Bertrand Festus Nero ◽  
Oluwole Fatunbi
Keyword(s):  
Research And Development ◽  
Capacity Building ◽  
Development Planning ◽  
Development Projects ◽  
Implementation Processes ◽  
Good For ◽  
Development Outcomes ◽  
The Impact

The case for demand-driven research and development has received important considerations among governments, donors and programme implementing partners in development planning and implementation. Addressing demand is believed to be a bottom-top approach for designing and responding to development priorities and is good for achieving development outcomes. In this paper, we discuss the concept and application of demand driven research for development (DDRD) in Africa. We use evidence of six projects implemented under the BiomassWeb Project in Africa. We focus on parameters on level of engagement of stakeholders - whose demand is being articulated, the processes for demand articulation, capacity building and implementation processes, innovativeness of the project, reporting and sustainability of the project. We find that the nature of the institutions involved in articulation and implementation of demand-driven research and development projects and their partnerships influence the impact and reporting of demand-driven projects.

scholarly journals The Impact of Nongovernmental Organizations (NGOs) on Sustainable Development Projects in Katsina Metropolis

2019 ◽  
pp. 1-8
Author(s):  
Naseer Babangida Muazu ◽  
Abubakar Abdullahi
Keyword(s):  
Sustainable Development ◽  
Health Care Services ◽  
Development Projects ◽  
Skills Acquisition ◽  
Chi Square ◽  
Grass Root Level ◽  
The Government ◽  
Chi Square Analysis ◽  
The Impact ◽  
Structured Questionnaire

Nigeria is facing profound social, economic and environmental impact of population growth, development and environmental constraints. It is apparent that government alone has limited capacity to deal with all these problems. NGOs being one of the most effective partners have been playing supportive roles with the government, in some cases, they are considered more effective to get attached with the grass root level developmental initiatives. However, despite the role NGOs played, their presence and impact is not fully evaluated, recognized and appreciated by many governments and community members. It is for this reason this article attempts to examine whether projects executed by NGOs have any impact on sustainable development in Katsina Metropolis, given special emphasis on projects that dealt with environmental protection, poverty alleviation and health care services. The study further look at whether efficiency of NGOs officials has any impact on success of sustainable development projects execution.  A structured questionnaire was used to collect data from 150 NGOs beneficiaries in five (5) selected political wards of twelve (12) in Katsina metropolis. Interviews was used to collect relevant data using a structured questionnaire from NGOs officials which include; development officers and facilitators in five (5) selected NGO offices operating in Katsina Metropolis namely; Save the Children, Service to Humanity Foundation, Murna Foundation, Katsina Friends of Environment and Makudawa Skills Acquisition. Frequency and chi-square analysis was used to present the results. The findings revealed that NGOs are complementing government efforts towards achieving sustainable development through their projects, and efficiency of NGOs officials has significant impact on success of sustainable development projects executed in the area. The findings of the study can benefit government and NGOs in creating more areas of collaboration in order to achieve sustainable development.

Human Capital Impact on Economic Growth in Nigeria

2021 ◽  
Vol 7 (18) ◽  
pp. 15-22
Author(s):  
Chuwuemeka Ogugua AGBO ◽  
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Time Series Data ◽  
Capital Expenditure ◽  
Private Investment ◽  
Series Data ◽  
Tertiary Institutions ◽  
Explanatory Variables ◽  
The Government ◽  
The Impact

This study aims to examine the impact of human capital on economic growth in Nigeria. Despite all effort to improve education condition in Nigeria, there hasn’t been much encouraging improvement. This has caused a large number of the population to move abroad for studies. Most conducive tertiary institutions are owned by private individuals, the government owned universities have been overlooked and recklessly abandoned. In this study OLS multiple regression was adopted to analyze the time series data for the period of 1985-2018 to test if Average Year of Schooling (AVYS), Private Investment in Telecommunication (PIT), Capital Expenditure on Education (CEE), and Recurrent Expenditure on Education (REE) have an impact on growth in Nigeria or not. The data was derived from CBN statistical Bulletin (2018). Result showed that all the four explanatory variables have significant impact on Economic growth. However, it is therefore important for government to increase education budget annually.

scholarly journals Theoretical justification for development as an institution for the development of investment and construction

2018 ◽  
Vol 170 ◽  
pp. 01117
Author(s):  
Elena Soboleva
Keyword(s):  
Construction Industry ◽  
Methodological Approach ◽  
Development Project ◽  
Development Projects ◽  
Theoretical Justification ◽  
Development Activity ◽  
Current Economic Situation ◽  
Overall Efficiency ◽  
The Impact

The article is devoted to the theoretical aspects of development, project activities, the search and substantiation of the institutional importance of the development of this direction in the current economic situation in Russia, the construction industry, the problems of realizing development projects and the impact of the quality of operational evaluation of development projects on overall efficiency, efficiency and development of construction activities in a crisis and the quality of project management. An algorithm for the formation of development activity as an institution for the development of the investment and construction sphere in Russia has been developed. Theoretically, the algorithm and methodological approach to the quality management of the development project efficiency is justified.

Evaluation of Project Architecture in Software Development Mixing Waterfall and Agile by Using Process Simulation

2017 ◽  
Vol 02 (02) ◽  
pp. 1750007
Author(s):  
Taiga Mitsuyuki ◽  
Kazuo Hiekata ◽  
Takuya Goto ◽  
Bryan Moser
Keyword(s):  
Software Development ◽  
Process Simulation ◽  
System Development ◽  
Development Project ◽  
Development Projects ◽  
Software Project ◽  
Conditional Response ◽  
Agile Process ◽  
Requirement Changes ◽  
The Impact

For software development, especially massive software systems, a waterfall process is used traditionally. A waterfall process can be highly effective on the condition that a master plan is fixed and the possibility of changes and uncertain rework is low. However, in software development projects, many kinds of reworks occur corresponding to uncertain requirement changes and program bugs. In addition, with the advent of cloud-based software platforms and continuous development operations, it is possible to develop a software system while operating the system. To respond to this situation, software development projects often adopt an agile process. Agility may allow conditional response to uncertain rework, yet at the same time it may be difficult to control the achievement of known project targets. Recently, many cases of adopting mixed processes including waterfall and agile have been reported in the massive software development projects. In this paper, we argue that the mixed process architecture should be designed, considering the scale of the targeted software project, the culture of organization, the probability of uncertain requirement changes, and so on. This paper proposes a methodology of evaluating the impact of waterfall, agile, and mixed project architectures by using process simulation. A project architectural approach is evaluated with a simulator which includes a software reliability growth model and uncertain rework driven by requirement change and error propagation. The proposed methodology was applied to a development project for a simple shopping website. The results showed that the proposed methodology allows exploration of partial agile adoption depending on the nature of the system development project, including its scale and chances of change. For example, in this paper, if the scale of the project is small, the positive effect of increasing agility by adopting agile processes is low. On the other hand, if the scale of the project is large, the effect of increasing agility by adopting agile process can increase. Furthermore, it became clear that it is important to not apply an agile process blindly, but instead to design a mixed project architecture considering the number of errors and development schedule targets across the project scope.

scholarly journals Structural Transformation of Economy in Special Region OF Yogyakarta

2017 ◽  
Vol 19 (3) ◽  
pp. 360
Author(s):  
Nur Feriyanto
Keyword(s):  
Growth Rate ◽  
Structural Transformation ◽  
Development Planning ◽  
Economic Transformation ◽  
Economic Sectors ◽  
The Third ◽  
The Government ◽  
The Impact ◽  
The Relationship ◽  
Special Region

The first aim of this study was to determine the relationship between the growth rate of GRDP and the growth rate of sectors’ labor absorption in Special Region of Yogyakarta. The second objective was using the Esteban Marquillas’ Shift-Share analysis to prove whether there has been a structural transformation of the economy in Special Region of Yogyakarta during 2009-2014. The third aim was to determine the impact of economic sectors’ growth in Indonesia on the growth of aggregate GRDP in Special Region of Yogyakarta.  Results of this study were: (1) There were three conditions used to observe the relationship between the growth rate of GRDP and the growth rate of labor absorption in Special Region of Yogyakarta namely anomalous; regressive; and progressive. (2) The use of Esteban Marquillas’ Shift-Share analysis showed that in the area of Special Region of Yogyakarta there had been a shift in the economic structure from the primary sector to the secondary and tertiary sectors. (3) The economic sectors’ growth in Indonesia could lead to the growth of aggregate GRDP in Special Region of Yogyakarta as much as 539.53 billion IDR. Suggestions offered by this research are as follows: (1) policy making by the government related to development has to pay attention to the relationship between economic growth and unemployment rate. (2) Government has to address the economic transformation from primary to tertiary sectors; especially for development planning; and (3) government needs to focus on economic development for the dominant sectors of economy in DIY province.

scholarly journals Does government spending reduce poverty in Nigeria? Evidence from Auto-Regressive Distributed Lag Specification.

2020 ◽  
Vol 7 (2) ◽  
pp. 86
Author(s):  
Olufemi Samuel Adegboyo
Keyword(s):  
Government Spending ◽  
Time Series Data ◽  
Capital Expenditure ◽  
Transportation Cost ◽  
Series Data ◽  
Distributed Lag ◽  
Auto Regressive ◽  
The Government ◽  
Transfer Capital ◽  
The Impact

This paper analyses the impact of government spending on poverty reducing in Nigeria for the period 1981 to 2017 making use of annual time series data. The study employs the Auto-Regressive Distributed Lag (ARDL) approach. The result of the study revealed that economic service recurrent expenditure (ESRX), social and community recurrent expenditure (SCSRX), Transfer recurrent expenditure (TRX) reduces poverty while transfer capital expenditure (TCX) and administrative recurrent expenditure (ADRX) escalate poverty. Consequently, the study recommends that Government should embark on provision of food subsidies, subsidies farm input for farmers, subsidies transportation cost. Furthermore, government should endeavor to pay pensioners all their entitlements including gratuities as at when due without any delay, government should also be giving stipend to the unemployed and disabled, more poverty alleviating programs should be organize Also, the huge cost of maintaining the government should be reduced by reducing the numbers of political appointees to a reasonable size.

Sign in / Sign up

Export Citation Format

Share Document