5 Access to Productive Assets: Labor

2021 ◽  
pp. 117-138
Keyword(s):  
2014 ◽  
Vol 1 (5) ◽  
pp. 8 ◽  
Author(s):  
Farooq Ahmad Ganiee

The Rural development generally refers to the process of improving the quality of life and economic welfare of people living in relatively isolated and sparsely populated areas. Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is considered as a “Silver Bullet” for eradicating rural poverty and unemployment, by way of generating demand for productive labour force in villages. It provides an alternative source of livelihood which will have an impact on reducing migration, restricting child labour, alleviating poverty, and making villages self-sustaining through productive assets creation such as road construction, cleaning up of water tanks, soil and water conservation work, etc. For which it has been considered as the largest anti-poverty programme in India. In this paper, based on the secondary data, an attempt has been made to comprehensively understand the development effort to rebuild the rural life and livelihood on the basis of various secondary data. 


Author(s):  
Simone Boccaletti

AbstractThe aim of this paper is to explore how debt contracts are affected by investment in asset specialization and by the dynamics of the secondary market for collateralized productive assets. Before applying for a loan, financially constrained firms face a specificity trade-off: asset specialization increases firms’ project returns, but decreases the liquidation value of assets in the secondary market if the firm is in financial distress. To study this trade-off, the paper uses a theoretical model in which the choice of asset specificity and the outcome of the secondary market for distressed firms’ assets are endogenous. High redeployability costs and a small number of participants in the secondary market are associated to low recovery values and to a high cost of debt. The paper shows the conditions under which financial constraints reduce firms’ incentive to invest in asset specificity.


2021 ◽  
Author(s):  
Fianti Ramadhani ◽  
Syaiful Nurdin ◽  
Michael Olu Etuhoko ◽  
Yang Zhi ◽  
Sugeng Mulyono ◽  
...  

Abstract Four high-pressure-high temperature (HPHT) and sour gas wells are currently operating at Madura offshore as the only productive assets for Husky-CNOOC Madura Limited (HCML). Each well performance is very crucial to fulfill the demand of the gas customers in East Java, Indonesia. Since starting production in 2017, the wells experienced two main well integrity challenges, high annulus pressure and wellhead growth. Both challenges are very dependent to the well flow rate and the flow duration. A continuous operation monitoring is highly required in order to keep the wells operating safely. To overcome the challenges, HCML established a Well Integrity Management System (WIMS) document that approached several international standards as its basis. As company grows, development plan challenged the WIMS to perform faster and more efficient as compared to the existing manual system. From there, the journey of WIMS digitalization began. The journey started with the alignment of the existing WIMS document to the ISO-16530-1 at Operational Phase with more stringent boundary to operate the wells safely. The alignment covers, but not limited to the organizational structure, well barriers and criteria, monitoring and surveillance, annulus pressure management, and maintenance. The document also covered risk assessment and management of well integrity failure, which was the backbone of the WIMS digitalization. The current digital solutions allow production data to be accessed and retrieved directly from the system for analysis purposes. It compares the recorded data with pre-determined rules and parameters set in the system. It triggers a notification to the responsible personnel to perform the required action should any anomaly occurs. It also can send a reminder to users to schedule and complete a well Integrity test to ensure that a well is always in compliance with the WIMS. All test reports and documentation are stored in the system as preparation for any future audit. A key requirement of the expert software system was access to future developments that can offer enhanced functionality of the well integrity platform through additional near time capabilities such as predictive erosion and corrosion for downhole flow wetted components. This is being developed to enhance workover scheduling for existing wells and material selection for new wells and is planned to update automatically critical well integrity criteria such as tubing burst, collapse and MAASP.


IKONOMIKA ◽  
2017 ◽  
Vol 1 (2) ◽  
pp. 157
Author(s):  
Yulianti Saifudin ◽  
Yayan Pribadi

Abstract-The objectives of this study are to analyze the differences in financial performance of Islamic bank by using the income statement approach and value added approach on financial ratios. Financial ratios used consisted of ROA, ROE, the ratio between the total net income by total earning assets, NPM, and  BOPO. The Object used in this study are listed Islamic Bank at Bank Indonesia. Population of this research are the financial statements of Islamic Banks, while the sample used was the financial statements for 2010-2014 for each income statement and the value added statement.  Analysis tool used to prove the hypothesis of this study is an independent sample t-test.The results showed that the average financial ratio (ROA, ROE, net profit ratio of productive assets, and NPM) there are significant differences between the Income Statement and Value Added Statement, while the BOPO ratio between the Income Statement and the Value Added Statement there is not a difference. 


Author(s):  
Gordon Boyce

Resources and infrastructures represent two elements that interact in complex ways to support and shape economic activity. In the context of maritime endeavours, this interaction unfolds over relatively wide geographic areas and exhibits great complexity, since it is influenced by diverse and sometimes conflicting legal, social, cultural and institutional forces. Impacted in numerous ways by these variables, flows of resources, such as capital, goods, information, people and productive assets (even those that following their initial deployment become fixed) are coordinated with the aid of different kinds of infrastructures. Considering the latter from a maritime perspective immediately brings to mind physical infrastructures in particular ports. But intangible frameworks, including those networks of business contacts that constitute communication systems, social and cultural constructs that shape patterns of thought and behaviour, as well as formally constituted (legal) structures, exert a coordinating or mediating influence upon patterns of resource allocation. Both of these generic types of infrastructure – physical and intangible – develop sector-specific attributes: those employed to support maritime activities differ from those used for land-based purposes. Within these broad sectors, individual industries develop their own specialised infrastructures to meet their resource coordinating requirements. In the maritime context, the chapters below analyse both physical and intangible infrastructures. The former are examined directly by Elisabetta Tonizzi and James Reveley and Malcolm Tull, who evaluate ports and port policies in three different countries, while Michael Miller and Leos Müller and Jari Ojala consider non-physical forms – respectively, agency structures and consular networks. John Chircop explores a complex infrastructure consisting of social, cultural, economic and psychological ties. Hrefna Karlsdóttir examines a defective informal bargaining framework, and Carol Hill and Poul Holm refer to ports as well as intangible infrastructures that shaped capital and commodity flows....


Author(s):  
Fareed Alyagout ◽  
A. K. Siti-Nabiha

The Kingdom of Saudi Arabia has embarked on the privatization of its public enterprises with the main objectives of improving the efficiency of the national economy, enlarging Saudi citizens’ ownership of productive assets, and encouraging local and foreign capital investment in the Kingdom. Subsequently, in 2003, the Saudi Council of Ministries approved a list of twenty-two targeted economic activities and government services to be privatized and the private sector is being invited to participate in many economic activities and services. As such, the aim of this chapter is to present the historical context and rationale for privatization in Saudi Arabia. The objectives and implementation process taken by the Saudi government to create a suitable environment for private sector investment and the issues and problems associated with privatization initiatives are also discussed in this chapter.


2021 ◽  
pp. 243-258
Author(s):  
Camilla Toulmin

The Bambara households of Kala are very large domestic organizations, in comparison with those found elsewhere in West Africa. This chapter examines the factors which encourage persistence of large domestic groups, including the advantages reaped from production, investment and reproduction, alongside protection of the individual from risk. The drawbacks to the individual from incorporation within a household are examined, such as loss of control over labour and other resources. Membership of a household involves agreement with an unspoken contract regarding the duties and expectations of members; however, such terms are subject to some flexibility and can be renegotiated. Modelling relations within the household allows for a review of options for cooperation, vulnerability to demographic risk, the significance of economies of scale, acquisition and maintenance of productive assets, game-theory, cooperation, conflict and division.


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