Financing Sustainable Development in Africa

2021 ◽  
pp. 140-152
Author(s):  
Oluwabunmi Opeyemi Adejumo ◽  
Uchenna R. Efobi ◽  
Simplice A. Asongu
Keyword(s):  
Sustainable Development ◽  
Human Development ◽  
Foreign Investment ◽  
Economic Resources ◽  
African Region ◽  
What Works ◽  
Development Indicator ◽  
Head Count ◽  
Development Outcomes ◽  
Societal Problems

Actualizing sustainable development in Africa will require enormous economic resources. This implies that there must be a clear balance of prioritization of financing options on what works best for development in this region without further escalating other societal problems. The authors argue in the chapter that though there has been some benefit from the traditional means of financing development in Africa, some drawbacks still exist considering the rising rate of inequality and poverty head-count in the region. On this note, this present study examines financing options that have previously been advocated for in financing development in the African region (i.e., taking stock), such as development assistance and foreign investment, by considering its implication on development outcomes like poverty, inequality, and aggregate human development indicator in the region.

Is Consanguinity an Impediment to Improving Human Development Outcomes?

2017 ◽  
Author(s):  
Cem Mete ◽  
Laurent Bossavie ◽  
John Giles ◽  
Harold Alderman
Keyword(s):  
Human Development ◽  
Development Outcomes

Assessment and analysis of efficiency system management by innovative factors for sustainable development of national economy from the position satisfaction of vital interests population in Ukraine

2019 ◽  
pp. 6-16
Author(s):  
Оксана Василівна Бондар-Підгурська ◽  
Алла Олександрівна Глєбова
Keyword(s):  
Sustainable Development ◽  
Human Development ◽  
National Economy ◽  
Public Debt ◽  
Methodological Approach ◽  
State Regulation ◽  
Point Of View ◽  
Financial Policy ◽  
System Management ◽  
Stage Of Development

The scientific and methodological approach to the evaluation and analysis of the efficiency of system management by innovation factors for sustainable development of national economy from the point of view satisfaction vital interest’s population is developed. This is the calculation of the modernized index human development based on the adjective model based on 26 indicators (social, economic and environmental subsystems), as well as using the methods of the main components and the slip matrix. The resultant value is the modernized Human Development Index (MHDІ) of Ukraine. The architectonics MHDІ of Ukraine in 2007–2017 from the position of sub-indices of the ecological, social and economic subsystems is analyzed. Consequently, the scientific and methodological approach based on the MHDI change allows us to draw conclusions regarding the effectiveness of the work and public administration bodies in the context of making managerial decisions regarding the satisfaction of the vital interest’s population. MHDI considers the main regulated parameter of the system management in the innovation factors of sustainable development in socially oriented economy. The tendency of steady decline MHDI of Ukraine in 2007–2017 on 53.45 % was confirmed, which confirms inefficient state regulation of crisis situations in Ukraine. In order to increase the efficiency management of innovative factors by sustainable development of the national economy, from the standpoint of satisfaction vital interest’s population, it is proposed to intensify the use of public debt and savings bonds, market and non-market methods of relief and debt load. This is due to the fact that at the current stage of development in the national economy, public external debt is one of the most significant indicators of the state economy. It is at the same time a criterion for the effectiveness of public financial policy, as well as a threat and opportunity for the Ukrainian economy. In order to optimize its size, various methods, approaches, tools are used. Based on the analysis of world experience, it has been established that the securities market, in particular debt securities, plays a strategic role in regulating this issue. Therefore, it makes sense to recommend government debt bonds and government savings bonds to optimize the amount of external public debt.

Applicability of Human Development Index for Measuring Economic Well-being: A Study on GDP and HDI Indicators from Indian Context

2021 ◽  
pp. 001946622199862
Author(s):  
G G Sajith ◽  
K. Malathi
Keyword(s):  
Human Development ◽  
Human Development Index ◽  
Well Being ◽  
Development Project ◽  
Human Being ◽  
Composite Matrix ◽  
Human Welfare ◽  
Development Index ◽  
Development Indicator ◽  
Per Capita

The tracking of gross domestic product (GDP) as a measure of well-being of the society or human-being has been debated by many researchers and economists (Elizabeth, 2007; Abhinav, 2014; Deb, 2015 ) There are many deficiencies in tracking GDP as the economic development indicator, as it does not capture the inequality or true development of Human-being. Noted economist Mehbub ul Haq’s human development project defined a composite matrix which captures the life expectancy, education and per capita indicators in one matrix. This was developed to track as a development indicator of human welfare. In the previous studies, the GDP or GDP per capita was regressed with the Human Development Index (HDI) composite index and indicated a direct correlation between the two variables. However, this article examines the contribution of the income component in the HDI index by recalculating the composite matrix. This article also qualitatively examines the ability of HDI index to measure the human development parameters. JEL Classification Codes: E01, I12, O1

scholarly journals Trends and Policy Correlates of Agricultural Production and Agricultural Production Sustainability Outcomes in Ghana and Nigeria

2015 ◽  
Vol 8 (9) ◽  
pp. 71
Author(s):  
Olawale Emmanuel Olayide ◽  
Isaac Kow Tetteh ◽  
Labode Popoola
Keyword(s):  
Sustainable Development ◽  
International Development ◽  
Agricultural Production ◽  
Agricultural Development ◽  
Agricultural Sector ◽  
Agricultural System ◽  
Political Systems ◽  
Development Agenda ◽  
Development Outcomes ◽  
Development Agendas

This paper analysed policy correlates of agricultural production and agricultural production sustainability outcomes in Ghana and Nigeria. It underscores the influence of political systems and international development agendas as correlates of agricultural production and agricultural production sustainability outcomes. This is to the extent of providing evidence policy on agricultural production and agricultural production sustainability outcomes. Ghana and Nigeria have comparable farming/agricultural system and policy environment. Data used for the analyses spanned five decades. Trends analysis and inferential statistics were employed. The results revealed that policy correlates can contribute to the current discourse in sustainable development agenda and to resolving the dilemma of agricultural policy implementation for sustainable agricultural development, especially in Ghana and Nigeria. The findings reinforce the need for appropriate policies in transforming the agricultural sector while ensuring sustainable development outcomes.

scholarly journals Air Pollution and Human Development in Europe: A New Index Using Principal Component Analysis

2018 ◽  
Vol 10 (2) ◽  
pp. 312 ◽  
Author(s):  
Ana-Maria Săndică ◽  
Monica Dudian ◽  
Aurelia Ştefănescu
Keyword(s):  
Principal Component Analysis ◽  
Human Development ◽  
Quantitative Measure ◽  
Principal Component ◽  
Component Analysis ◽  
Life Expectancy At Birth ◽  
Real Gdp ◽  
Development Indicator ◽  
The Relationship ◽  
Pm2.5 Concentration

EU countries to measure human development incorporating the ambient PM2.5 concentration effect. Using a principal component analysis, we extract the information for 2010 and 2015 using the Real GDP/capita, the life expectancy at birth, tertiary educational attainment, ambient PM2.5 concentration, and the death rate due to exposure to ambient PM2.5 concentration for 29 European countries. This paper has two main results: it gives an overview about the relationship between human development and ambient PM2.5 concentration, and second, it provides a new quantitative measure, PHDI, which reshapes the concept of human development and the exposure to ambient PM2.5 concentration. Using rating classes, we defined thresholds for both HDI and PHDI values to group the countries in four categories. When comparing the migration matrix from 2010 to 2015 for HDI values, some countries improved the development indicator (Romania, Poland, Malta, Estonia, Cyprus), while no downgrades were observed. When comparing the transition matrix using the newly developed indicator, PHDI, the upgrades observed were for Denmark and Estonia, while some countries like Spain and Italy moved to a lower rating class due to ambient PM2.5 concentration.

scholarly journals التنمية الإقتصادية والسلام المفهوم والاستراتيجيات

2021 ◽  
Author(s):  
ali ahmed mohammed
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Human Development ◽  
Political Development ◽  
The Other ◽  
Reconstruction Process ◽  
Distribution Of Resources ◽  
The Relationship ◽  
Economic Development Strategies ◽  
Peace And Development

الملخص تعد التنمية الاقتصادية ذات أهمية كبيرة حيث حظيت بالإهتمام من قبل الدارسين والباحثين والاقتصاديين داخل الدولة منذ عقود، وخصوصاً بعد انتهاء الحرب العالمية الثانية، عندما بدأت الدول التي عانت من هذه الحرب بعمليات إعادة الاعمار، ومن ثم بعد ذلك بدأت تظهر الانواع الاخرى من التنمية، كالتنمية المستدامة والتنمية البشرية، وبدأ الحديث عن التنمية الاجتماعية والسياسية كذلك، وعلى الرغم من ذلك الا ان هناك تحديات كثيرة تقف في طريق التنمية الاقتصادية كالفقر والتخلف، ولا بد من اتباع إستراتيجيات معينة لتحقيق التنمية الاقتصادية وبالتالي تحقيق السلام، حيث ان التنمية والسلام هما ذات علاقة وثيقة ببعضهما، نظرا لان معظم الحروب والنزاعات تنشب لأسباب اقتصادية اما للسيطرة على الموارد او بسبب التوزيع غير العادل لها، ويتناول هذا البحث إستراتيجيات التنمية الاقتصادية المحققة للسلام، مع بيان العلاقة بين السلام والتنمية، والمفاهيم المرتبطة بهما.Summary Economic development has a great importance, it has the First attention by scholars, researchers and economists within the state, especially after the end of the WWII, when the countries that suffered from this war began the reconstruction process, then the other types of Development began to appear, such as sustainable development and human development, and also they began to talk about social and political development. However, many challenges stand in the way of economic development such as poverty and underdevelopment, and certain strategies must be followed to achieve economic development and thus achieve Peace, peace and development are closely interrelated, since most wars and conflicts arise for economic reasons or either for the control of resources or because of unfair distribution of resources. This research deals with the economic development strategies for peace, with explanation of the relationship between peace and development.

scholarly journals Stakeholder Perceptions of Tourism Development in Marahau/New Zealand: a Role for Participatory Approaches and GIS

2021 ◽  
Author(s):  
◽  
Julia Hasse
Keyword(s):  
Sustainable Development ◽  
New Zealand ◽  
Community Participation ◽  
Tourism Development ◽  
Tourism Industry ◽  
Small Community ◽  
Tourism Planning ◽  
Participatory Approaches ◽  
Stakeholder Collaboration ◽  
Development Outcomes

<p>Abstract Tourism research is increasingly focusing on community participation and stakeholder collaboration in tourism planning. It is argued that sustainable development outcomes require the integration of community perspectives into the planning processes, and that the views of different stakeholders must be communicated effectively to interested parties. These core issues are explored in this thesis. I draw upon advances made in participatory research in development studies and introduce these to tourism planning. The thesis also introduces participatory approaches and GIS (PAGIS) as a tool that can be blended into a framework that facilitates a better understanding of stakeholders' perceptions towards tourism, and therefore has the potential to improve community participation and stakeholder interaction in tourism planning. The case study used in this thesis is Marahau, a small community in New Zealand located at the gateway to an icon of New Zealand's tourism industry, the Abel Tasman National Park. The community has undergone rapid transformation from an agriculture-based economy to an expanding tourism destination. The recent increase in visitor numbers, tourism businesses, and permanent residents in the community have resulted in major management and planning issues concerning the future of Marahau. This research highlights the changes that tourism development has brought to the community and presents the various perceptions of stakeholders in this particular setting. The research shows that to plan for more sustainable forms of tourism development the subjective perspectives and the roles of all stakeholders need to be understood and integrated into a responsive planning framework. PAGIS can increase the number and diversity of people able to participate in decision-making. PAGIS integrates 'expert' and 'local' knowledge that can result in more responsive planning procedures to enhance tourism's potential to act as a force for more sustainable development.</p>

scholarly journals Trade and Investment Rules for Inclusive and Sustainable Development: Nepalese Legal Perspectives

2013 ◽  
pp. 114-131
Author(s):  
Kumar Ingnam
Keyword(s):  
Sustainable Development ◽  
Foreign Investment ◽  
Environmental Sustainability ◽  
Social Equity ◽  
Local Communities ◽  
Pragmatic Approach ◽  
Service Business ◽  
Political Conditions ◽  
Laws And Policies ◽  
Trade And Investment

Sustainability of development and making investment sustainable are reinforcing and correlated. The investor does not invest unless their investment is permitted and protected by the laws and policies of the host state. There exist a number of principles for investment policymaking for sustainable development within which relationship between investors, host states and local communities is a key requirement. Environmental sustainability, social equity and inclusiveness and economic growth are reinforcing and complementing each other which are the three pillars of sustainable development. Nepal had, at the time of WTO accession, confirmed to amend trade related investments measures regime i.e. Foreign Investment and One Window Policy 1992, Industrial Policy 1992 and others, to ensure the compliance with the WTO Agreement on Trade Related Investment Measure (TRIMS). By now, the laws of Nepal, except few, are in compliance with the WTO standards. Nepal has some prospective areas of investment, mostly based on agriculture and service business. Trade and investment with sustainable development, is a pragmatic approach which encourages upgrading policies and laws. However, investment policy alone cannot provide a ‘one-size-fits-all’ solution for all economies that depends on the eco-socio-political conditions of individual countries.

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