scholarly journals Remittance: Role and Challenges in Nepalese Economy

2017 ◽  
Vol 40 (1-4) ◽  
pp. 78-84
Author(s):  
Krishnahari Budhathoki
Keyword(s):  
Labor Migration ◽  
Trade Deficit ◽  
Developed Countries ◽  
Labor Cost ◽  
Balance Of Payments ◽  
Social Benefits ◽  
Economic Activities ◽  
Infrastructural Development ◽  
Effective Use ◽  
Developing And Developed Countries

Both developing and developed countries have made a significant study of remittance and labor migration. Developing countries have attained benefits from remittance to uplift economic activities like maintaining household consumption, increasing pattern of saving and investment, receiving foreign currencies for imports, making favorable balance of payments, diplomatic activities, enhancing social and infrastructural development and maintain macroeconomic stability. The study explores the role and challenges of remittance in Nepalese economy. No doubt, Nepal as least developing country attains lots of benefits from remittance and labor migration. Along with such economic and social benefits, remittance generates a lot challenges in economy such as brain drain, trade deficit, shortage of man power, higher labor cost, backwardness of productive sectors of economy and a lot of social problems. The study also points out of effective use of remittance that helps to mobilize internal resource to create employment opportunities in a country with a formulation of proper implementation of necessary policy regarding a proper utilization of remittance.

scholarly journals INFLUENCE OF ECONOMIC SPACE IMBALANCES ON THE FUNCTIONING OF THE ENTERPRISE FINANCIAL MECHANISM

2021 ◽  
Vol 2 (1) ◽  
pp. 68-72
Author(s):  
Lidiia Fedoryshyna ◽  
Nataliia Vilchynska
Keyword(s):  
Trade Deficit ◽  
Balance Of Payments ◽  
Economic Activities ◽  
Trade Surplus ◽  
Successful Operation ◽  
Economic Space ◽  
Financial Account ◽  
Positive Balance ◽  
Main Component ◽  
Financial Mechanism

The purpose of this article is to analyse the nature of imbalances in the economic space, as the problem of impact on the functioning of the financial mechanism of the enterprise is especially relevant for Ukraine, because the results of the domestic financial sector are unbalanced. At the same time, a significant impact is reflected in the functioning of the financial mechanism of the enterprise, expanding its functional load. The instability of economic conditions in Ukraine significantly affects the financial and economic activities of economic entities, which causes non-fulfilment of their planned tasks for the development of their own business. To ensure the successful operation, enterprises must assess the imbalances of the economic space, which are precursors to the development of crisis processes that can have a devastating effect. Methodology. In the course of the research it has been found that the financial mechanism of the enterprise is subject to influence both at the level of the enterprise itself and at the level of economic space. It is determined that the main source of information on the imbalance of the economic space is the balance of payments. Balance of payments is the ratio between the amount of cash received by the country from abroad and the amount of payments abroad during a certain period (year, quarter, month). The main component of the balance of payments is the current account, and the most important item is the balance of goods (trade balance). Its condition determines the state of the balance of payments as a whole, and its dynamics demonstrates the effectiveness of macroeconomic policy. The positive balance of trade indicates an increase in demand for goods and services of the country. The negative balance indicates the low competitiveness of the country’s goods abroad. In the case when the value of exports exceeds the value of imports, a trade surplus is formed. If the value of imports exceeds the value of exports, then there is a trade deficit. The financial account of the balance of payments reflects the sale and repayment of financial claims of one country to another. All financial transactions are classified into three groups: direct investment, portfolio investment, and other investments. The dynamics of the financial account during the study period is negative. This indicator was affected by the crisis in the economy, as well as imperfect legislative support for foreign investors in Ukraine. Results. Theoretical information and structure of the balance of payments are presented, balance of payments articles are analysed, the dynamics of the balance of payments of Ukraine is outlined. The main feature of 2015-2019 is the strengthening of globalization. The intensification of relations between the countries leads to a stronger integration of the whole economy, which in turn creates additional risks associated with the transmission of possible crises in the chain. Value/originality. It is established that the functioning of the financial mechanism of the enterprise is considered under the influence of many factors of the system, in particular economic space. The generation of these imbalances leads to an increase in the vulnerability of the financial mechanism, violating the stability, which is manifested in the inability to resist changes in the situation. By assessing the imbalances of the economic space on the basis of macroeconomic and monetary indicators obtained during the monitoring, economic entities will be able to counteract shocks in the event of a change in the situation.

scholarly journals An Internet for the Common Good: Engagement, Empowerment, and Justice for All: A Community Informatics Declaration

2013 ◽  
Vol 9 (4) ◽  
Author(s):  
The-Community-Informatics-Community . .
Keyword(s):  
Indigenous Peoples ◽  
Common Good ◽  
Older Persons ◽  
Developed Countries ◽  
The Internet ◽  
The Common ◽  
Use Of The Internet ◽  
Effective Use ◽  
Civic Intelligence ◽  
Developing And Developed Countries

Effective use of the Internet will benefit everyone. Currently the benefits of the Internet are distributed unequally: some people gain power, wealth and influence from using the Internet while others struggle for basic access. In our vision, people in their communities and everywhere - including the poor and marginalized in developing and developed countries, women and youth, indigenous peoples, older persons, those with disabilities -- will use the Internet to develop and exercise their civic intelligence and work together to address collective challenges.

scholarly journals MANAGEMENT OF FOREIGN ECONOMIC ACTIVITIES OF UKRAINE IN THE PROCESS OF BUSINESS DEVELOPMENT

2021 ◽  
Author(s):  
Olha Rudachenko ◽  
Svitlana Yurieva ◽  
Dmytro Sokolov
Keyword(s):  
Foreign Trade ◽  
Trade Policy ◽  
Financial Stability ◽  
Trade Deficit ◽  
The State ◽  
Balance Of Payments ◽  
No Production ◽  
Economic Activities ◽  
Full Member ◽  
The Future

The paper presents an analysis of foreign economic activities, which are one of the key components of life of any country. A lot depends on its results, starting from the balance of payments of the state, ending with the assessment of the quality of life of the population. Poor balance of payments leads to the need to borrow money, resulting in growing public debt. The main indicators of exports and imports have been analyzed, their forecast values for the future period have been determined. It has been proven that one of the key tasks of the government should be a systematic review of foreign trade policy. The efficiency of international trade is one of the main indicators that characterize the level of development of the state, as it affects all macroeconomic indicators and allows increasing the efficiency of resource use through the production of goods in the production of which the country has competitive advantages. However, unfortunately, the efficiency of Ukrainian foreign trade is very low. The analysis showed that the trade turnover with the CIS countries, Europe and the Asian region is growing every year, and the gap between imports and exports continues to widen, which may lead to an increase in the trade imbalance in the future. The trade deficit is an established tradition for Ukraine as a state throughout its history. The constant deficit in trade in goods leads to the loss of financial stability of the state and the need to constantly attract additional resources from other areas of activity to cover the trade deficit, which in turn leads to a slowdown in economic growth. Thus, within the system of agreements of the World Trade Organization there is a huge arsenal of tools and mechanisms for trade policy. To overcome systemic imbalances in foreign trade, trade procedures need to be simplified, as well as customs tariff commitments for Ukraine. The country’s foreign economic activity is one of the main directions of development of many modern countries, the source of goods, the production of which is impossible within the country, as well as income from export-import operations for many countries where for some reason there are no production processes. . Due to Ukraine’s strategy to become a full member of international cooperation and trade, to establish economic cooperation with foreign partners, the volume of foreign economic transactions has increased significantly in recent years.

Global Economic Crisis of 2008-2009: Sources and Roots

2009 ◽  
pp. 18-31
Author(s):  
G. Rapoport ◽  
A. Guerts
Keyword(s):  
Oil And Gas ◽  
Trade Deficit ◽  
Developed Countries ◽  
The Other ◽  
Energy Resources ◽  
Market Mechanisms ◽  
Production Output ◽  
The One ◽  
To Receive ◽  
Partial Destruction

In the article the global crisis of 2008-2009 is considered as superposition of a few regional crises that occurred simultaneously but for different reasons. However, they have something in common: developed countries tend to maintain a strong level of social security without increasing the real production output. On the one hand, this policy has resulted in trade deficit and partial destruction of market mechanisms. On the other hand, it has clashed with the desire of several oil and gas exporting countries to receive an exclusive price for their energy resources.

Housing Inflation: Policy Guidelines from Shariah Perspective

2019 ◽  
Vol 16 (1) ◽  
pp. 70-81
Author(s):  
Azrul Azlan Iskandar Mirza ◽  
Asmaddy Haris ◽  
Ainulashikin Marzuki ◽  
Ummi Salwa Ahmad Bustamam ◽  
Hamdi Hakiem Mudasir ◽  
...  
Keyword(s):  
Content Analysis ◽  
Housing Prices ◽  
Construction Materials ◽  
Housing Price ◽  
Developed Countries ◽  
Control Element ◽  
Recent Issue ◽  
Analysis Methodology ◽  
The Government ◽  
Developing And Developed Countries

The soaring housing prices in Malaysia is not a recent issue. It is a global phenomenon especially in developing and developed countries, driven by factors including land price, location, construction materials cost, demand, and speculation. This issue demands immediate attention as it affects the younger generation, most of whom could not afford to buy their own house. The government has taken many initiatives and introduced regulations to ensure that housing prices are within the affordable range. This article aims to introduce a housing price control element from the Shariah perspective, as an alternative solution for all parties involved in this issue. It adopts content analysis methodology on policy from Shariah approved sources.

scholarly journals Income, wealth and use of personal protection equipment in the Mekong Delta

2021 ◽  
Author(s):  
Matteo Migheli
Keyword(s):  
Low Income ◽  
Mekong Delta ◽  
Developed Countries ◽  
Household Wealth ◽  
Protective Equipment ◽  
Personal Protection ◽  
Personal Protection Equipment ◽  
Management Techniques ◽  
Using Data ◽  
Developing And Developed Countries

AbstractBoth in developing and developed countries, farmers often do not protect themselves adequately, especially when applying agrochemicals that are dangerous for their health. The issue is relevant because insufficient protection is between the causes leading to intoxication of farmers and workers who handle these products. The literature suggests that both lack of training and information and low income may explain why, especially in developing countries, protective equipment is under-used. Using data from the Mekong Delta, this study addresses the issue of whether income and household wealth may help explaining the use of incomplete protections against pesticides. The results suggest that income, more than wealth, is a reason why Vietnamese farmers operating in the Mekong Delta fail in using adequate protections. In particular, the data suggest that they may prefer to divert resources to increasing the production of their fields or to buying goods that may be used both as protection and as everyday garments. This behaviour leads to underinvestment in some important protective goods. Possible public interventions to mitigate the problem are suggested; in particular, the promotion of integrated pest management techniques could be useful.

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