scholarly journals THE WHISTLEBLOWING AS A CATALYST TO SUSTAINABLE ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA: A CONCEPTUAL REVIEW

2021 ◽  
Vol 4 (2) ◽  
pp. 104-115
Author(s):  
Sodiq O. Babatunde ◽  
Saheed Ademola Lateef ◽  
Wahid D. Olanipekun ◽  
Haorayau B. Babalola
Keyword(s):  
Economic Growth ◽  
Public Space ◽  
Growth And Development ◽  
Public Institutions ◽  
African Countries ◽  
Whistle Blowing ◽  
Economic Growth And Development ◽  
Transparency International ◽  
The Public ◽  
Sustainable Economic Growth

Abstract: Whistle-blowing activities around the world have generated huge interests from concerned parties such as the financial and public service, as the aftermath of its neglect often has dilapidating effects on the sustainability of economic growth and development of the nation. This is often seen in the 3rd world nations, such as Nigeria. This study aimed to examine the existing phenomenon between whistle-blowing, economic sustainability, growth and development of Nigeria. This study adopted the Theory of Planned Behavior. However, this was a literature review study that basically draws inferences from studies in this field from different continents (i.e. Europe, America, Asia and Africa). Consequently, the objective of this study was to conceptually investigate the whistle-blowing activities in Nigeria as to how it has assisted in curbing corruption in the public space in turn and improving the economic growth and development. In furtherance, this study reviewed events in African countries with close indexation with Nigeria. Therefore, this study concludes that whistle-blowing has a direct impact on sustainable economic growth and development of Nigeria. This is evident in the Transparency International index report. Lastly, this study recommends that whistleblowing policy should be properly implemented in public institutions to achieve minimum involvement of corruption in the country and that whistleblowers should be protected to encourage disclosure of corrupt acts in the public sector. This in turn will assist in the attainment of sustainable economic growth and development. Keyword: Whistleblowing, sustainable economic growth, theory of planned behaviour

scholarly journals Sustainable economic growth and development of educational systems

2017 ◽  
Vol 10 (3) ◽  
pp. 285-292 ◽  
Author(s):  
Manuela Tvaronavičienė ◽  
Anatoly Shishkin ◽  
Peter Lukáč ◽  
Nataliia Illiashenko ◽  
Sergii Zapototskyi
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Educational Systems ◽  
Economic Growth And Development ◽  
Sustainable Economic Growth

scholarly journals Savings, Private Property and Sound Money

2018 ◽  
Author(s):  
Anton Chamberlin ◽  
G.P. Manish
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Time Preference ◽  
Private Property ◽  
Higher Order ◽  
Economic Calculation ◽  
Economic Growth And Development ◽  
Austrian Tradition ◽  
Monetary Order ◽  
Sustainable Economic Growth

The overarching goal of this paper is to provide an answer to the following question from the perspective of economists working within the Mengerian or Austrian tradition: What are the essential pre-requisites and pre-conditions for a process of economic growth and development to take place? In course of our discussion, we focus on three important pre-requisites. First, we look at the implications of the presence of time preference, especially for the importance that savings have for adopting longer and more productive production processes and boosting productivity. Second, we analyze the problem of economic calculation and isolate the important institutional pre-conditions that are necessary for the allocation of higher order goods: private property in higher order goods and the use of money. These institutional pre-conditions, as we discuss, are thus also essential for the process of economic growth. And finally, we discuss the importance of a sound monetary order for generating sustainable economic growth.

scholarly journals Principles of Sustainable Economic Growth and Development: A Call to Action in a Post-COVID-19 World

2021 ◽  
Vol 13 (23) ◽  
pp. 13126
Author(s):  
Victor I. Espinosa ◽  
Miguel A. Alonso Neira ◽  
Jesús Huerta de Soto
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Growth And Development ◽  
State Intervention ◽  
Sustainable Growth ◽  
Market Process ◽  
Economic Growth And Development ◽  
Genuine Savings ◽  
Coercive State ◽  
Sustainable Economic Growth

The analysis of sustainable economic growth and development often focuses on how to control the market process through coercive state intervention. While state interventionism may play a significant role in countries’ progress, entrepreneurship is the driving force behind sustainable growth and development. Entrepreneurship is the people’s judgment on ideas, plans, and projects, which promises profit in uncertain times. Its effects are the creation and transmission of information and social coordination as a dynamic process of identifying and solving human problems. Sustainable development is the widening range of entrepreneurial alternatives open to people, and sustainable growth is a phase of sustainable development that depends on genuine savings to finance increasingly capital-intensive production structures. The degree to which people are entrepreneurs and the direction genuine savings take depend on institutional arrangements. Some institutions are more conducive to sustainable growth and development than others. After reviewing principles of growth and development sustainability, how coercive state intervention influences economic performance is discussed, proposing novel policy conclusions and research avenues to cultivate entrepreneurship and genuine savings in a post-COVID-19 world.

scholarly journals The Benefit of Belt and Road Initiative for Central Africa and China: A Case Study of Sub-Saharan African Countries

2021 ◽  
Vol 13 (5) ◽  
pp. 105
Author(s):  
Ines Pamela Nguembi ◽  
Zhang Yanrong ◽  
Haidar Salaheldeen Abdalla
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Important Influence ◽  
Accurate Information ◽  
Economic Data ◽  
African Countries ◽  
Sea Transport ◽  
Apparent Lack ◽  
Economic Growth And Development ◽  
Important Relationship

On a historical account, the apparent lack of documented economic data (accurate information) on the research budget and flexible schedule hinders economic growth and development. When the gravity model has been used for analysis a positive statistically important relationship has been found between transport facilities, continuity, and two-sided trade. However, the connection between transport facilities, continuity, and bilateral commerce on one hand and available documented economic data or information on another hand was missing. To determine how the availability of standard documented economic data or information squeezed economic growth and development as well as the relevance of this relationship; the authors analyzed this relationship. The BRI, Chinas’ majestic idea of an economic belt created from the old road, covers almost all routes across Asia, Europe, and Africa. In the BRI area, the development of a sea, air, and road transport link among trading partners are relevant with a big scale influence on perfecting commerce. This brings to the fore, the second-most important influence, which is a testament to the road, sea transport, and number consistency. Also, transport service quality which has an important influence on bilateral commerce was studied. Our results purposes and guidance are that a standard investment in roads; total commerce in the BRI member countries (the central African countries (CAC) included) could become more valuable. Hence, perfecting transport facilities could lead to a win-win situation with a strong influence on commerce.

Nexus Between Money Laundering and Sustainable Development Goals

2022 ◽  
pp. 686-703
Author(s):  
Laeeq Razzak Janjua ◽  
Syed Abdul Rehman Khan
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Money Laundering ◽  
Growth And Development ◽  
Growth Process ◽  
Economic Activities ◽  
Industrial Growth ◽  
Economic Growth And Development ◽  
Development Goals ◽  
Sustainable Economic Growth

Money laundering is a hot debate discussion among policymakers, as money laundering usually arises due to theft of money or other illegal activity. Such criminal activities damage every stakeholder of the economic cycle, whether it is trade, productivity, or contribution of the financial sector itself. Due to the fact money laundering makes the industrial growth process very slow and undercuts economic activities, which are essential for the development. This chapter explores the nexus between money laundering as a threat to a sustainable development goal from different angles. The discussion reveals that money laundering negatively impacts economic growth, and the fundamental pillar of sustainable development is economic growth. So can we achieve sustainable economic growth and development without controlling money laundering? The authors conclude it is not possible.

Comparative analysis of costs of some selected infrastructure components across Africa

2017 ◽  
Author(s):  
Oliver Chinganya ◽  
Abdoulaye Adam ◽  
Marc Kouakou
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Poor Quality ◽  
National Accounts ◽  
African Countries ◽  
Economic Growth And Development ◽  
Doing Business ◽  
The Poor ◽  
The Cost

The economic growth and development of a country depend on a solid infrastructure and the robustness of systems that have been put in place. Together, these constitute a nation’s “engine of growth” and include housing, water, electricity, transportation, communication, and construction. It is postulated that the cost of doing business in Africa is much higher than in other regions, largely because of the poor quality of its infrastructure and to accessibility constraints. The distribution of price levels of these economic drivers, which contribute to the cost of doing business in Africa. Price level indices (PLIs) have been calculated to provide a comparison of the cost of selected infrastructure components across African countries. The data were collected from the 2005 round of the International Comparison Program (ICP) in Africa, covering 48 out of a total of 52 countries and 22 major aggregates of the national accounts.

scholarly journals Public Spending on Transport Infrastructure and Economic Growth in Nigeria, 1981-2010

2013 ◽  
Vol 4 (2) ◽  
pp. 438 ◽  
Author(s):  
Amadi Chukwuemeka ◽  
Amadi, Nyekachi Nyewe ◽  
Nyenke, Christian Ugondah
Keyword(s):  
Economic Growth ◽  
Growth And Development ◽  
Public Spending ◽  
Least Square ◽  
Transport Infrastructure ◽  
Transport Sector ◽  
Fiscal Responsibility ◽  
Economic Growth And Development ◽  
Adequate Funding ◽  
Sustainable Economic Growth

<p><em>Transport remains one of the major infrastructural facilities critical for sustainable economic growth and development of any nation including Nigeria. This paper examined public spending on transport infrastructure and economic growth in Nigeria. The study employed the Ordinary Least Square (OLS) regression method to analyze the data collected. The data analyzed show that public spending on transport infrastructure is negatively related to growth and insignificant. The study recommended that government must ensure adequate funding of  transport sector. And that fiscal responsibility laws be properly implemented to ensure greater accountability and prudence in the funds allocated to transport sector. This would go a long way to boost employment, sustainable economic growth and development in Nigeria.</em></p>

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