scholarly journals Afghanistan’s Business Environment: Huge Potential for Investment in an Uncertain Place

Author(s):  
Abdul Kabir Karimi

The article aims to present Afghanistan’s business environment and elaborates on the huge potential for investment in an uncertain place. A number of literatures has been reviewed from different international and government-related institutions and also quoted government high-level officials to identify these potentials and uncertainties. The review of the studies and research by international institutions suggests that the government of Afghanistan is actively working to prepare a business-friendly environment for domestic and foreign investors. However, political instability, lack of electricity, crime, theft and disorder, access to land and corruption still remains as the major constraints of doing business in Afghanistan. It is a fact that reviving Afghanistan’s business environment in this critical situation of conflict, declining international aid, and ongoing political chaos can be extremely difficult. However, reviving its business environment and utilizing the opportunities cannot wait for the end of the ongoing conflict and current political uncertainty. What Afghanistan needs to do is think creatively to recognize what can be done in the time of conflict and political uncertainty to take advantage from those opportunities. Although the extension of the article analysis requires more evidence to judge, the analysis challenges the general understanding of the business environment and points to important new avenues of research.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nurfarizan Mazhani Mahmud ◽  
Intan Salwani Mohamed ◽  
Roshayani Arshad

Purpose This paper aims to provide a proper understanding of corruption in the private sector, also known as the supply-side of corruption. It also presents the causes of corrupt practices and points out the corporations’ actions to mitigate corrupt behaviour in the business environment. Design/methodology/approach This study reviews the prior literature on the phenomenon of corruption in the private sector, its causes and the preventive measures that should be implemented. Findings Corruption in the private sector was associated with a firm’s interaction with the public sector, and the most common corruption in the private sector is grand corruption, which is improper contribution made to high-level public officials and politicians. The causes of corruption in the private sector can be explained from several dimensions: economy, psychosocial and legal and regulation. Preventative measures encompass both internal strategies, which are endogenous to business and external strategies like exogenous legislation and restrictions enforced by the government or outside organizations. Originality/value The efficient strategies in combating corruption need active cooperation and participation from the supply-side of corruption. Thus, this study contributes to the literature on the theoretical understanding of the corruption problem from the supply-side and responsibility play by the private sector in global anti-corruption initiatives.


Subject Myanmar's business environment. Significance The government is instituting measures to improve the business climate and attract foreign direct investment (FDI) into the economy. As part of this effort, on February 24, it instituted the Competition Act. However, while there has been an influx of new FDI, foreign investors remain wary -- largely because of the challenges of navigating Myanmar's old and complex regulatory environment. Impacts Economic reforms could slow in the event of an opposition electoral victory, as the new government gains experience. Improvements to the business environment could be constrained by a faltering or failed ethnic peace process. Regulatory reforms backed up by effective administration could contribute to equitable economic growth.


Globus ◽  
2021 ◽  
Vol 7 (1(58)) ◽  
pp. 37-39
Author(s):  
Bobomurod Nizamov

The author of the article noted that in recent years, with the aim of creating relaxation for business entities, the base of many normative legal acts has been regulated, measures are being taken to create a favorable business environment and a positive influence of country on the international arena. The “Doing Business” rating is a rating that reflects the level of ease of doing small and medium business in the country. In turn, this rating is an international rating, which serves as a reflection of our work in this area and a specific signal for foreign investors.


Author(s):  
Saroj Vats

When the first bulb was invented by Edison, the dream was to make people free from holding petrol lamps, to give them a freedom to utilize night, to give players a chance to play in beautiful night with no worries of dawn. Gramjyoti yojna of Government of India also having same motives. India also need not only renewable energy, clean energy but high amount of energy. Still 70,000 villages are living in dark. Villagers and students have to sacrifice nights. Wind, hydro and solar energy are the key to clean renewable energy targets. Indo-china both the countries are fighting for development due to huge population inferences and the competition is neck to neck. launch of prime minister’s ambitious plan of “make in India” is showing glimpse of the courage and dream – solar trains, solar parks, solar lamps etc.., needs appropriate and with full facilities of infrastructure as well and energy as a major production component.. The Jawaharlal Nehru Solar Mission is a major initiative step for encouraging the production of solar energy. The Government of India and the State Governments promoting ecologically sustainable growth through renewable energy. It will help not only in fighting the challenges of climate change as well as helps in enlighten the life of rural India too. The positive possibilities of doing business in India and the growing interest of companies are noticeable in Business Claimant Survey 2015-16. Changes in the perception of companies in India providing stable, predictable business environment are steps to take. This paper discusses about cost of renewable energy, production technique, establishment knowhow, importance of solar energy (particularly for India), economic and environmental benefits, issues and prospects of solar energy and Governmental efforts


2018 ◽  
Vol 14 (16) ◽  
pp. 1
Author(s):  
Yahya Khan ◽  
Gabor Rethi ◽  
Krisztina Szegedi

Corruption is a curse for any country, as it negatively affects the economic activities and drags the whole society to worst conditions by increasing the poverty and social inequities. Recently the most critical factor for doing business in Pakistan is corruption. In order to give a comprehensive picture of corruption in Pakistan this article (1) critically analyses the literature regarding corruption, its impact on society and the business environment specifically in Pakistan, (2) focuses on business-related factors of corruption, (3) presents various anti-corruption initiatives of Pakistani companies and foreign good examples. Based on our research this study emphasizes that the government should take corrective actions and strengthen institutions and should work in collaboration with the private and civil sector to control the uprising corruption problems. Awareness against corruption in business sphere and general public is very much needed and implementing possible anti-corruption tools, companies can positively contribute to the fight against corruption and Pakistan's economic and social development.


2016 ◽  
Vol 45 (3) ◽  
pp. 201-230
Author(s):  
Huisheng Shou ◽  
Gary S. Green

“Organisational violence” involves wilful, illegal business behaviour that has the potential to harm workers, consumers, or the environment. We use a combined perspective from the fields of political economy and criminology to examine the incongruously high level of organisational violence among Chinese firms that exists despite robust efforts by the government to put forth regulatory laws that prohibit it. As the explanation for this incongruity, we assert two conditions that synergistically interact in a bidirectional relationship: 1) the complex legal structural barriers to effective enforcement against organisational violence caused by a politically biased and administratively fragmented Chinese political system, and 2) a socially disorganised business environment that does not recursively message the wrongfulness of organisational violence. The analysis rejects not only financial gain as a relevant factor in the commission of organisational violence but also other current perspectives on the causes of organisational violence in China.


2022 ◽  
Vol 2022 ◽  
pp. 1-9
Author(s):  
Sarwar Pedawi ◽  
Ahmad Alzubi

E-government began by addressing the challenges of new technologies by delivering e-services to its citizens and has since evolved to include a growing number of areas, such as citizen communication, macroeconomic projections, budget management, and e-healthcare services. E-government is known as the use of information technology to provide administrative services, communication transactions, information exchange, integration of various electronic systems, and autonomous services between the government and citizens, the government and business environment, and the government and government. This paper discusses the role of E-government policy in healthcare crises during COVID 19. Data collected from 435 employees in the tourism industry of Iraq was used to verify the abovementioned relationships via SPSS macro. The results indicate that E-government policy has a significant effect on healthcare crises; job insecurity negatively predicted healthcare crises. The results revealed that social support moderated the relationship between E-government policy and job insecurity. Results of the study contributed to the theory within this study by demonstrating that employees who enjoy a high level of social support show less job insecurity than those with a low level of social support.


Author(s):  
Vladimir Osipov

The article is devoted to actual problems of creating and functioning of special economic zones in the Russian Federation and the Republic of Belarus. The practice of functioning of special economic zones in Russia, including the dynamics of their creation and territorial location is considered. The competitive advantages of special economic zones such as tax incentives for corporate income tax, corporate property tax, land and transport tax, insurance premiums, as well as customs and other preferences are characterized. The results of the functioning of special economic zones considering different aspects are presented: optimistic-from the point of view of the Government of the Russian Federation, pessimistic – from the point of view of the Accounts chamber of Russia, as well as independent experts. The disadvantages and problems of the process of creation and functioning of special economic zones are analyzed, examples of successful functioning of special economic zones of various types – industrial-production, technical-implementation, port are given. The existing methods of assessing the effectiveness of the special economic zones, both official and proposed in scientific research, are regarded. The experience of creation and functioning of special economic zones in Belarus is analyzed. Its advantages in comparison with the Russian experience and general problems are shown. The efforts of the Russian Federation and the Republic of Belarus to improve the business environment and investment climate are illustrated by the World Bank’s business ratings, including the latest rating-Doing Business 2019. The importance of the early solution of all problematic issues in the creation and functioning of special economic zones in connection with the resumption of the process of creating new special economic zones in Russia after a two-year moratorium is emphasized.


Author(s):  
G.I. AVTSINOVA ◽  
М.А. BURDA

The article analyzes the features of the current youth policy of the Russian Federation aimed at raising the political culture. Despite the current activities of the government institutions in the field under study, absenteeism, as well as the protest potential of the young people, remains at a fairly high level. In this regard, the government acknowledged the importance of forming a positive image of the state power in the eyes of young people and strengthen its influence in the sphere of forming loyal associations, which is not always positively perceived among the youth. The work focuses on the fact that raising the loyalty of youth organizations is one of the factors of political stability, both in case of internal turbulence and external influence. The authors also focus on the beneficiaries of youth protests. The authors paid special attention to the issue of forming political leadership among the youth and the absence of leaders expressing the opinions of young people in modern Russian politics. At the same time, youth protest as a social phenomenon lack class and in some cases ideological differences. The authors come to the conclusion that despite the steps taken by the government and political parties to involve Russian youth in the political agenda, the young people reject leaders of youth opinion imposed by the authorities, either cultivating nonparticipation in the electoral campagines or demonstrating latent protest voting.


2020 ◽  
Vol 24 (1) ◽  
pp. 37-49
Author(s):  
Sandeep Basnyat ◽  
Suryakiran Shrestha ◽  
Bijita Shakya ◽  
Reeja Byanjankar ◽  
Shubhashree Basnyat

Compared to international tourism, domestic tourism is less susceptible to external changes and provides a more stable business environment for industry stakeholders. Traditionally, the focus of a majority of tourism research has been international tourism. Existing domestic tourism literature predominantly focuses on the potential of domestic tourism and the measurement of its demands, but greatly ignores the issues and challenges in the domestic tourism industry. This article fills this gap and examines the issues and challenges the domestic tourism industry is facing with a focus on Nepal, a South Asian developing country. The data for this study were collected through semistructured interviews with 20 tourism industry practitioners. The findings of this study demonstrate how uncertainties created by the lack of institutional arrangements and prioritization, and confusion around the appropriate ways and means of managing domestic tourism have contributed to the chaos in the private sector tourism industry in Nepal. Implications for the government and other stakeholders in Nepal and other developing countries have been discussed.


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