scholarly journals Role of community economic development based on mosque management in COVID-19 pandemic in Indonesia

2021 ◽  
Vol 8 (1) ◽  
pp. 1-12
Author(s):  
Muhammad Habibi Siregar

COVID-19 shocks are over the whole world, which disrupted almost all sectors of the economy. Many major financial institutions show a downfall and going into economic recession. All around the world, ordinary people are affected the most in this dire situation due to raised unemployment. Mosques can be considered a vital social institution in Indonesia and tend to cultivate prosperity and elevate economic activities. This research exposed the hidden potential of Mosques in Indonesia in economic development by describing the essential asset stored in them. It’s instrumental for the community to empower the asset because the management of mosques will give multi-effective players in terms of community engagement.

Author(s):  
Svitlana Turchina ◽  
◽  
Kateryna Turchina ◽  
Liudmyla Dashutina ◽  
◽  
...  

The article addressed the community as the smallest unit in geography scope, which unites individuals, companies, and government. The role of each one is significant and irreplaceable. For this paper, the community is as a synergy between group of individuals, institutions, and a government that live and (or) operate within geographical, political, social, and economic boundaries. This article focuses on banks, as a link between individuals and government in the development process. In particular, the supply and retention of financial and human capital. The authors try to prove financial companies and banks play a key role in the community and economic development because they deliver financial capital to individuals and businesses. This research allows concluding that the Finance & Insurance industry contributes toward the development of both national and local levels with the high share and positive mix and competitive components.


Author(s):  
Patrick Oche ◽  
Obeten Ukabi ◽  
Akputu Odey

The sudden outbreak of covid-19 pandemic was indeed a phenomenal disaster that crippled the productive sectors and economic activities of nations. The incremental and consequential economic effects placed the global economy on a depressed position, as the world is presently witnessing the greatest economic recession and depression as never experienced in the economic history of the world. The overall aftermath was high business mortality rate, increasing rate of unemployment, reduction in, and irregular payment of workers salaries, high retrenchment of workers, increase in poverty lines leading to organized crimes, and sundry. However, the main thrust of this academic discourse was to examine the role of Business Education (BE) in repositioning the ailing global economy caused by covid-19, via review of related research literature. BE as an academic programme is strategically positioned to inculcate the economic orientation, survival and functional skills necessary in raising the relevant manpower that will in turn serve as key drivers in the repositioning of global economy. In lieu of the above, this study explicates on conceptual clarifications, BE as economic survival strategy, and in global economic repositioning in covid-19 era, issues in BE were also illuminated upon and a few recommendations made.


1950 ◽  
Vol 10 (S1) ◽  
pp. 92-105
Author(s):  
Rifat Tirana

The financing of economic development became a major concern of governments in liberal societies and economies largely during or after the Great Depression of the early thirties and the economic debates of that period. At first the state was assigned the role of minimizing or eliminating economic cycles. Later this role was enlarged to include the guiding and promotion of national economic activities toward progressive económic growth. The instruments advocated and used for these purposes have been mainly financial. The revolution which has occurred in the nature and scope of these instruments is far from complete, especially in the underdeveloped areas of the world.


2019 ◽  
Vol 47 (3) ◽  
pp. 80-91
Author(s):  
V. G. Neiman

The main content of the work consists of certain systematization and addition of longexisting, but eventually deformed and partly lost qualitative ideas about the role of thermal and wind factors that determine the physical mechanism of the World Ocean’s General Circulation System (OGCS). It is noted that the conceptual foundations of the theory of the OGCS in one form or another are contained in the works of many well-known hydrophysicists of the last century, but the aggregate, logically coherent description of the key factors determining the physical model of the OGCS in the public literature is not so easy to find. An attempt is made to clarify and concretize some general ideas about the two key blocks that form the basis of an adequate physical model of the system of oceanic water masses motion in a climatic scale. Attention is drawn to the fact that when analyzing the OGCS it is necessary to take into account not only immediate but also indirect effects of thermal and wind factors on the ocean surface. In conclusion, it is noted that, in the end, by the uneven flow of heat to the surface of the ocean can be explained the nature of both external and almost all internal factors, in one way or another contributing to the excitation of the general, or climatic, ocean circulation.


2021 ◽  
Author(s):  
Shemelis Kebede Hundie ◽  
Daniel Tadesse Tulu

Abstract In Ethiopia, the gender gap in financial inclusion is high, and the effect of socioeconomic variables on the gap is not well investigated. As a result, this study uses the World Bank’s Global Findex database from 2017 to analyze magnitude and determinants of the gender gap in financial inclusion in Ethiopia. Using Fairlie decomposition technique, we find statistically significant gender gap in all indicators of financial inclusion under study in Ethiopia. The result shows that the highest financial inclusion gender gap is observed in formal saving followed by formal account holding. The decomposition results show males are 16.5%, 16.6%, 8.9 %, 8.4 %t, and 5.8% more likely to have a formal account, formal saving, borrowing, emergency fund possibility, and debit card ownership, respectively. We further decompose these gaps using Daymont and Andrisani approach and the result reveals that differences in coefficients between males and females explain 57.7% in formal saving, 43.4% in formal account holding, and 110.9% in borrowing from formal financial institutions. About 54.2% of the total gender gap in possibility of raising emergcency fund is attributed to differences in characteristics/predictors between the two genders while gender gap in debit card holding is explained by the iteraction between differences in characterisctics and coefficients. Being older, more educated, and wealthier favor financial inclusion, with age, employment, and education having a greater effect. Furthermore, gaps in coefficients, productivity, and advantage to males and disadvantage to females aggravate the gender gap in financial inclusion in Ethiopia. Gender mainstreaming in economic activities to increase income, employment opportunities and education for females to bridge the gender gap in financial inclusion is important.


1983 ◽  
Vol 35 (4) ◽  
pp. 489-516 ◽  
Author(s):  
Karen A. Rasler ◽  
William R. Thompson

The explanation of the rise and fall of the world system's leading powers in terms of uneven economic development tends to overlook the role of the creation and management of public credit and national debts. Prior to 1815, the Netherlands and Great Britain owed a significant proportion of their respective victories over the larger and wealthier states of Spain and France to the development of competitive financial capabilities. Winning, however, leads to higher absolute debt burdens which, prior to 1945, encouraged postwar reductions in governmental expenditures. In this fashion, world leaders have contributed to the erosion of their preponderant capability positions before the emergence of international rivals. These ideas are elaborated within the context of George Modelski's long cycle of world leadership theory and through a brief review of war-related financial problems between 1500 and 1815 and the consequent development of national debts. The longitudinal analysis of British and American public debt data provides collaborating empirical support.


Author(s):  
Sally M. Farid

Objective - The purpose of this paper is to study how the technological innovation can achieve and promote sustainable development particularly in Africa. It considers forms of innovation technology that could enhance sustainable development. Methodology/Technique - The data used in this paper includes 54 African countries and the study period is from 2000 to 2014, using data on IT that measures the stock of telecommunications infrastructure as telecommunications investment. The GDP series represents annual real GDP in the prices of 2000. Annual series for IT and GDP were collected from the World Development Indicators of the World Bank database in 2015. Findings - The paper presents the concept and strategies of Sustainable Economic Development, discusses existing technologies in sustainable development, shows the role of technology in sustainable development, and presents the information and communication technology to promote economic development in Africa and the obstacles to set up policies for innovation technology in Africa. Novelty - The results have major implications. Firstly, the access to telecommunications services contributes towards economic growth. Secondly, an appropriate regulatory environment is necessary to realize the potential growth in telecommunications demand generated by increased income. Type of Paper - Empirical Keywords: Technology; Sustainable Economic Development; ICT in Africa.


Author(s):  
Abhineet Saxena ◽  
Ashish Sharma

Financial institutions, especially banks, have proved to be a boon for the economic development of a country like India. An attempt has been made in the present chapter to analyze the state of financial inclusion and the role of banking in achieving full financial inclusion in India. The journey of financial inclusion through banking in India has been critically appraised. Some of the important outcomes that can be highlighted are increased banking access of rural population in past few years together with the huge expansion in banking infrastructure in rural areas. Banking in India has been transformed with the introduction of PMJDY, BC Model, etc. Increasing trend has been observed in IMPS and M-Wallet penetration. North-eastern part of the country is still a challenge in the way of financial inclusion. The journey of financial inclusion on the wheels of Indian banking industry is still in search of the ultimate destination, and it will take miles to achieve full financial inclusion.


Author(s):  
Behrooz Shahmoradi ◽  
Enayatallah Najibzadehr

Nowadays, most of the countries in the world mostly concentrate on the flow of FDI, because it has direct relationship with economic development. The present study attempts to make a contribution in this context, by analyzing the existence and nature of causalities, if any, between FDI and economic growth in India since 1990, where growth of economic activities and FDI has been one of the most pronounced. The results indicate that there is a strong correlation between FDI inflows and GDP in India. And also there is unidirectional causal relation between FDI and GDP. Finally as co-integration shows there is no long run relationship between FDI and economic growth in India.


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