scholarly journals THE PARADIGM OF MICRO ENTERPRISES AS ECONOMIC AND SOCIAL ENTERPRISES IN PAKISTAN (CASE STUDY: PESHAWAR URBAN MARKET)

Micro enterprise in Pakistani cities is a survival economy for those who do not have a chance to enter the labor market as well as for those who desire to shape their destiny as an entrepreneur. In the last century, access to economic life through microenterprises was possible even without or at a very low level of training. In today’s world of specialization where micro enterprise not only play significant role in the form of entry to business world but also prove to serve as input provider to small, middle and large scale enterprises, and in addition to this micro enterprises have also become capable of innovation. In this context micro enterprises have started providing training and skill to the new entrants in the form of apprenticeship because hiring of skilled labor increases per unit cost of production. Hence training, apprentice and production of skilled labor at micro enterprises have not only strengthened the role of micro enterprises as a factor for economic development, but have also become an effective tool for social institutions. Hence this research is carried out with the objective to determine the role of micro enterprises in economic development and to assess the apprenticeship at micro enterprises as social institutionalization. Data was collected from micro enterprises about the indicator of economic success and target group for social institutionalization were apprentice working at micro enterprises in Peshawar. The analyzed data showed significant contributions of micro enterprises both in economic development and social institutionalization.

2019 ◽  
Vol 2 (02) ◽  
pp. 11-18
Author(s):  
Prof. Dr. Ghazala Yasmeen

Micro enterprise in Pakistani cities is a survival economy for those who do not have a chance to enter the labor market as well as for those who desire to shape their destiny as an entrepreneur. In the last century, access to economic life through microenterprises was possible even without or at a very low level of training. In today’s world of specialization where micro enterprise not only play significant role in the form of entry to business world but also prove to serve as input provider to small, middle and large scale enterprises, and in addition to this micro enterprises have also become capable of innovation. In this context micro enterprises have started providing training and skill to the new entrants in the form of apprenticeship because hiring of skilled labor increases per unit cost of production. Hence training, apprentice and production of skilled labor at micro enterprises have not only strengthened the role of micro enterprises as a factor for economic development, but have also become an effective tool for social institutions. Hence this research is carried out with the objective to determine the role of micro enterprises in economic development and to assess the apprenticeship at micro enterprises as social institutionalization. Data was collected from micro enterprises about the indicator of economic success and target group for social institutionalization were apprentice working at micro enterprises in Peshawar. The analyzed data showed significant contributions of micro enterprises both in economic development and social institutionalization.


2021 ◽  
Vol 16 (4) ◽  
pp. 133-147
Author(s):  
I.R. LYAPINA ◽  
◽  
T.A. ZHURAVLEVA ◽  
I.V. SKOBLIAKOVA ◽  
◽  
...  

The purpose of the research is to study of the features of the influence of social institutions on the cyclicality and dynamics of economic development in the context of identifying the role of social institutions at individual phases of the cycle of economic development, as well as consideration of the functions and tools of social institutions by phases of economic development. The subject of the research is a set of roles, functions and tools of social institutions related to different phases of the cycle of economic development. The methodological base is formed for the implementation of scientific research tasks. Its tools are methods that allow reflecting the features of the influence of social institutions on the cyclical nature of the economy: the method of theoretical foundations, the method of grouping, the method of analysis, the method of comparison, the method of implication. As a result of the study, it is indicated that the functions of social institutions should be highlighted: the consolidation of emerging social relations, adaptation, regulatory processes, a communication basis and a translational basis. The instruments that influence economic fluctuations are formed in the context of social institutions. Thus, the institution of the family is characterized by the use of an optimization mechanism, the concept of sustainability of social relations, the concept of production and distribution of economic benefits in order to meet the needs of each of the subjects.


2020 ◽  
Vol 13 (2) ◽  
pp. 69-78
Author(s):  
T. I. Demidenko ◽  
Yu. S. Zharkova ◽  
E. I. Brichka

The need to ensure economic security in the context of globalization is based on the stable and safe development of all spheres of society. The financial market is the most large–scale and vulnerable area of the economic life of society, in this regard, it is relevant to study the threats affecting the activities of entities in the financial market, namely the role of economic risks in the financial market as an element of ensuring the country’s economic security. The methodological instruments of the work is based on the use of general methods of scientific knowledge, used both at the empirical and theoretical level: comparison, abstraction, modeling, analysis and synthesis. The article analyzes the risk factors of the Russian financial market since 2014, which allowed us to draw conclusions and formulate possible measures to reduce risks in the financial market that can expand the country’s economic security.


2021 ◽  
Vol 5 (2) ◽  
Author(s):  
Fransiskus Ravellino

At the beginning of the year 2020 , Indonesia is experiencing a new phenomenon of is not fed, the phenomenon of pandemic covid-19 .Up to january 2021 , there is at least 808.000 covid-19 people infected with the virus , as many as 667.000 of them they cured and 23.753 soul that have died .The speed of the transmission of the virus coupled with the community apply protocol disiplinan is typical of the health make pandemic virus covid-19 it is difficult to overcome and forcing the administration to apply large scale social restrictions (PSBB) and this might impact on the economic growth of indonesia one of them is many unemployment due to reduced the company capacity to maintain labor that is .This research aims to review and give feedback about the role of the law into economic development especially in in the field of labor in the middle of this large-scale social restriction (PSBB) in the middle of this pandemic.


Author(s):  
Ben Kei Daniel

Regardless of any approach taken for examining social capital, researchers continuously converge on some key issues such as trust and yet diverge on several others about concrete and consistent indicators for measuring social capital. Many researchers believe that presence or absences of social capital can be solely linked to trusting relationships people build with each other as well as social institutions of civil engagement. It is not clearly known however, whether trust itself is a precondition for generating social capital or whether there are other intermediary variables that can influence the role of trust in creating social capital. In addition, similar to social capital, the definition of trust is problematic and it remains a nebulous concept and equally, with many dimensions. Interests in the analysis of trust are wide spread among many disciplines, notably policy analysis, economic development, reliability and security of distributed computational systems and many others. The variety of approaches currently employed to investigate trust and different interpretations of its role in fostering social capital has resulted into a diverse array of knowledge about the concept and its relationship to social capital. This Chapter provides a broader overview of work on trust. It discusses how researchers have used trust as a proxy for measuring social capital.


2020 ◽  
Vol 01 (01) ◽  
pp. 85-94
Author(s):  
Akmal Yorievich Ostanov ◽  

Small and private entrepreneurship is becoming increasingly important in the world economy. International experience shows that the impact of small and private entrepreneurship on economic growth through the creation of new jobs is very important. The role of these enterprises is growing, especially as economic development progresses towards services and information technology. Small and private enterprises are becoming economic entities where new techniques and technologies are rapidly introduced, advanced management methods are rapidly applied and effective in the short term. Indeed, the role of employment in economic growth through the development of small and private entrepreneurship is immeasurable.In particular, entrepreneurship plays an important role not only in the socio-economic life of the republic, but also in the regions. Entrepreneurship is a source of endless opportunities for the development of market relations, ensuring the stability of the economy, attracting investment from domestic and foreign sources, as well as meeting the growing employment needs of the population. Indeed, the origin of small and private enterprises is a reflection of a complex set of needs of different composition, primarily due to the need to increase the number of enterprises that can influence and withstand market competition in the country's economy; second, it is characterized by the fact that small and private businesses are the cheapest, preferred, and preferred method of recruiting the population. The article summarizes the laws of emergence and formation of entrepreneurship. In particular, it was found that the emergence of criteria based on the number of employees as well as production indicators has made small and private entrepreneurship an important phenomenon of economic development. Accordingly, it is proposed to improve the characteristics of small and private entrepreneurship using both criteria, and a new, improved definition of the concept of "entrepreneurship" and "entrepreneur" applied to employment. The article consists of an introduction, goals and objectives, methods, results and comments, and a conclusion.


Author(s):  
Raj Kumar ◽  
Tilak Raj

Entrepreneurship is the engine of economic growth of a country. It increases the economic activities in every sphere of economic life of the people. The main objective of the present study is to examine the role of entrepreneurship in the economic growth of a country. An attempt has also been made to provide an overview of employment and unemployment in India. The present study concludes that entrepreneurship in India is a key contributor in the area of employment generation, innovations and product improvement. Not only does it create self-employment but it has also built a structure for large-scale employment opportunities. It contributes to the economic growth of a country by promoting capital formation, increasing per capita income, improving the standard of living and balanced growth by removing regional disparities.


Author(s):  
Elizabeth Currid-Halkett

This article discusses the evolving role of art and culture in urban planning and economic development. It explains that the cultural industries attract skilled labor, generate tourist dollars, and produce jobs and revenue in their own right. The article argues that while the use of unconventional modes and institutions in the industrial activities of the arts hinder research, they also enable us to apply innovative techniques and theories from other disciplines in our efforts to study art and culture.


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