scholarly journals Smart Cart With Multi-shopping Solutions

2021 ◽  
Vol 15 (24) ◽  
pp. 77-93
Author(s):  
Tarig Faisal ◽  
Moath Awawdeh ◽  
Daniel Habte ◽  
Hala Berhanu ◽  
Kibrom Kifle ◽  
...  
Keyword(s):  
Economic Development ◽  
Online Shopping ◽  
Waiting Times ◽  
Labor Cost ◽  
Development Factor

Consumerism has constantly been growing, and visiting marketplaces and purchasing is a key development factor for the economic development of a city. The spending habits of people are a reflector of many development indices. As people go out for purchasing in malls for shopping essential items, they often tend to find long queues at the billing counter, and the queues are more longer during weekends and during sale seasons. This has been deterring people from going out shopping and instead resort to online shopping. This has affected the sales and revenue of departmental chains. Also, people spend quite a considerable amount of time searching through rows in order to find the items of their choice. Proposing a solution to these above-mentioned problems using technology is a real boon.  Installing a payment option on the cart itself would result in cutting down the waiting times in queues. Moreover, the customers can also benefit from navigation through the virtual maps that would be displayed on the screens of the carts. This reduces the time wasted by customers in searching for products. Hence the customers are self-dependent during their shopping. For the retail group, their transactions and management are truly simplified with these developments. Additionally, the counter labor will decrease if not cease to zero, which in turn reduces the labor cost drastically. In times of pandemic like now, people have been sticking with online shopping due to various reasons, but they long to go out and spend time in the malls as they would in normal times. The proposed solution would definitely assist in the normalization of lives and bring back on-ground retail back to life.

scholarly journals Social Relational Capital as a Community Economic Development Factor

2019 ◽  
Vol IV (I) ◽  
pp. 108-119
Author(s):  
Mujib Ur Rahman ◽  
Muhammad Faizan Malik ◽  
Wisal Ahmad
Keyword(s):  
Economic Development ◽  
Business Community ◽  
Community Economic Development ◽  
Relational Capital ◽  
Purposive Sampling ◽  
Development Factor ◽  
High Investment ◽  
The Impact ◽  
The Relationship

The paper examined the impact of relational capitals on community economic development. For this purpose, the handloom business community was taken as a case study from Peshawar Valley. Data was collected through purposive sampling from169 handlooms firms. The results concluded that the impact of relational capital is significant, and the relationship is positive. This study hereby suggests that government and policymakers should invest in making ties and a strong network of firms within and outside of the community; hence with high investment in making strong social-relational capital can develop the entire entrepreneurial communities.

scholarly journals Kebakaran Hutan dan Lahan Gambut: Kajian Teologi Ekofeminisme

2016 ◽  
Vol 1 (2) ◽  
pp. 139 ◽  
Author(s):  
Tanda Pinem
Keyword(s):  
Economic Development ◽  
Ecological Crisis ◽  
Industrial Society ◽  
Main Concern ◽  
Family Needs ◽  
Ecological Damage ◽  
Patriarchal System ◽  
Development Factor ◽  
Economics And Politics

Smog disaster in Sumatera and Kalimantan Island that came from forest and land burnings showed many interconnected factors. Governmental ideologies factor in development era (e.g. modernization, industrialization, and capitalization in order to increase economics development), lands problems as an impact of development ideologies, corruption, and prestige culture in society (e.g. consumerism, wealthy, succedness, and honor greediness) had participation in this disaster. From the perspective of ecofeminism, this ecological crisis came from an ideology named anthroposentrism, which also an androsentrism. Human interests that became priority in industrial society, especially men who held economics and politics power, was the cause of these ecological damages. The nature of patriarchal system is domination and exploitation who derived from hierarchal dualistic ideology become sources of ecological damage. In this context, economic development factor and life progress became main concern. Finally nature being grinded and became tools to achieve human interests (anthroposentrism). However, in this context women felt chaos very deeply. Women worked to produce family needs with nature. The damage of nature made women work harder. By seeing these conditions, we were invited by ecofeminism to do radical awareness transformation. This transformation was based on the understanding of our local wisdom.

The Dark Side of Development in Vietnam

2011 ◽  
Vol 32 (1) ◽  
pp. 74-86 ◽  
Author(s):  
Hieu P. Nguyen ◽  
Huyen T. Pham
Keyword(s):  
Economic Development ◽  
Direct Investment ◽  
Policy Making ◽  
Political Stability ◽  
Labor Cost ◽  
Dark Side ◽  
Future Research ◽  
Positive Outcomes ◽  
Foreign Investors ◽  
High Profile

Vietnam has become an attractive destination for foreign investors looking to maximize economic gains due to an increasingly young and educated population, a fast growing middle class, political stability, low labor cost, and loose operational standards. The inflow of foreign direct investment (FDI) has brought many positive outcomes to Vietnam, but its dark side is beginning to emerge. This article discusses one of the negative aspects of FDI-driven economic development in Vietnam through a high-profile, ongoing scandal involving Vedan, a Taiwanese company caught in the poisoning of the Thi Vai river. The authors provide implications for policy making and future research.

scholarly journals Factor Misallocation and Declining Labor Income-Share in China

2017 ◽  
Vol 3 (2) ◽  
pp. 188
Author(s):  
Songtao Wang ◽  
Tristan Kenderdine ◽  
Qishui Chi
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Panel Data ◽  
Low Income ◽  
Empirical Studies ◽  
Theoretical Modeling ◽  
Labor Income ◽  
Labor Share ◽  
Income Share ◽  
Development Factor

<p><em>In China’s present economic development, factor misallocation and labor’s low income-share both are important and interrelated, with factor misallocation being an important reason for the decline in China’s labor income-share. Theoretical modeling demonstrates that if capital-labor is substitutable, the factor misallocation will lead to a decline in labor income-share. Empirical studies, using 2001-2013 provincial panel data show that factor misallocation significantly reduces labor income-share, even after controlling for other factors that affect the labor-share. The conclusion is both significant and robust. Therefore, economic policy which optimizes factor allocation will improve labor’s income-share.</em></p>

scholarly journals International Migration & Economic Development: The Case of EU Countries

2020 ◽  
Vol 9 (27) ◽  
pp. 104-115 ◽  
Author(s):  
Svetlana V. Tolmacheva
Keyword(s):  
Economic Development ◽  
International Migration ◽  
Migration Policy ◽  
Labor Cost ◽  
Modern World ◽  
Gdp Growth ◽  
The European Union ◽  
Cost Index ◽  
Review Section ◽  
Migration Flows

The globalization of the modern world strengthens the role of migration flows in the socio-economic development of countries and regions. The European Union, and Italy in particular, are among the main centers attracting migrants due to their geopolitical transit position and relatively favorable environment. The consequences of the explosive growth in migration flows are ambiguous. To clarify the direction and power of such effects, we perform correlation and regression analysis according to a number of parameters. The paper presents relevant data on the demographic and socio-economic situation in Italy for 2001–2017. In the literature review section, we examine the substance of international migration and identify the factors affecting the trends in economic dynamics as well as changes in migration flows. The research results confirm that the most significant determinants are employment, the GDP growth rate and the labor cost index. The study also finds that there is a positive correlation between GDP growth and inflow of remittances. The empirical data provided indicate the coherence between migration and particular macroeconomic indicators. A comprehensive analysis of the factors presents a promising pathway for improving migration policy.

scholarly journals SCOPE OF PROMOTING INNOVATIONS IN RURAL ENTREPRENEURS AND ARTISANS IN WEST GODAVARI DISTRICT,ANDHRA PRADESH

2021 ◽  
Vol 57 (9) ◽  
pp. 6090-6095
Author(s):  
Dr.K. Narendra Kumar, Dr.K. Ganga Raju
Keyword(s):  
Quality Of Life ◽  
Economic Development ◽  
Rural Areas ◽  
Andhra Pradesh ◽  
Entrepreneurship Development ◽  
Village Level ◽  
Rural Entrepreneurship ◽  
Development Factor ◽  
Job Opportunities

Rural Entrepreneurship development set as A challenge in this scenario of globalization. 68.84 % of people live in rural areas of India, according to the 2011 Census. People in rural areas are suffering from unemployment and inadequate infrastructure facilities that can be addressed through rural entrepreneurs' growth. "Rural entrepreneurship can be defined as village-level entrepreneurship such as farming, business and acts as a powerful economic development factor." But these rural entrepreneurs are suffering from a number of problems, such as fear of risk, lack of capital, illiteracy and urban entrepreneurial rivalry. By providing job opportunities to citizens in cities, rural entrepreneurs raise the quality of life and buying power of people. In the sense of rural growth in India, this paper is an effort to explain the problems and challenges of rural entrepreneurship, artisans  and potential suggestions to address the problems.

scholarly journals Tourism as an Economic Development Factor

2016 ◽  
Vol 26 (6) ◽  
pp. 255-262 ◽  
Author(s):  
Yu.B. Myronov ◽  
I.I. Svydruk
Keyword(s):  
Economic Development ◽  
Development Factor

scholarly journals FINANCIAL INCENTIVES AS A DEVELOPMENT FACTOR FOR ECONOMIC ENTITIES

2017 ◽  
Vol 21 (2) ◽  
pp. 159-163
Author(s):  
E. V. Tinkova ◽  
G. A. Polskaya ◽  
S. A. Tinkov
Keyword(s):  
Economic Development ◽  
Financial Incentives ◽  
Business Processes ◽  
Labor Relations ◽  
Present Stage ◽  
Development Factor ◽  
Material Reward ◽  
Social And Economic Development ◽  
Effective Policy ◽  
Work Done

The low salaries are one of the most significant factors that does not contribute to social and economic development in the country. Therefore, at the present stage, it is necessary to restore all salary functions , especially stimulating one, to increase the proportion of material reward in people's monetary incomes. This will help to improve the living standards and purchasing power, revitalize business processes that will definitely contribute to the economic development of the country and economic entities. The article reveals the approach to the formation of material reward at the present stage. The employee receives his salary for the exercise of official duties, the bonus is determined by the complexity, quality, efficiency of the work done. The labor code of the Russian federation does not allow an employer to force an employee to do the job that is not included in the job description, unless an employee himself wants to do so. As research shows, in practice there are situations of social and labor relations that deviate from the norms of the employment contract. All these issues are urgent and require the development and implementation of an effective policy of social and labor relations.

scholarly journals Leading Dragon Phenomenon: New Opportunities for Catch-up in Low-Income Countries

2013 ◽  
Vol 30 (1) ◽  
pp. 52-84 ◽  
Author(s):  
Vandana Chandra ◽  
Justin Yifu Lin ◽  
Yan Wang
Keyword(s):  
Economic Development ◽  
Low Income ◽  
18Th Century ◽  
Emerging Market ◽  
Labor Cost ◽  
Low Income Countries ◽  
Current View ◽  
Poor Countries ◽  
Republic Of China ◽  
Modern Economic

Modern economic development is accompanied by the structural transformation from an agrarian to an industrial economy. Since the 18th century, all countries that industrialized successfully have followed their comparative advantages and leveraged the latecomer advantage, including emerging market economies such as the People's Republic of China (PRC), India, and Indonesia. The current view is that Chinese dominance in manufacturing hinders poor countries from developing similar industries. We argue that rising labor cost is causing the PRC to graduate from labor-intensive to more capital-intensive and technology-intensive industries. This will result in the relocation of low-skill manufacturing jobs to other low-wage countries. This process, which we call the “leading dragon phenomenon,” offers an unprecedented opportunity to low-income countries. Such economies can seize this opportunity by attracting the rising outward foreign direct investment flowing from Brazil, the PRC, India, and Indonesia into the manufacturing sectors. All low-income countries can compete for the jobs spillover from the PRC and other emerging economies, but the winner must implement credible economic development strategies that are consistent with its comparative advantage.

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