scholarly journals FINANCIAL INSTRUMENTS AND THEIR IMPACT ON THE GROWTH OF INVESTMENT – A STUDY ON THE LIBYAN MARKET

Author(s):  
Abdulbaset Ali Alhaj ◽  
Abdullah Mohammed Awn ◽  
Al Taher Khalifa Abdusalam Alaswed

Purpose: The aim of this study was to explore the relationship between Financial instruments and growth of investment. Design/Methodology/Approach: The distributed questionnaires include 300 clients from banks and companies represented in Tripoli. The data collected was analyzed using SPSS- SEM. Results: The obtained results showed that indicated that, despite the modest progress made in a very short time regarding all indicators which the paper calculated, however, it can be said that Libyan stock market remain largely underdeveloped, small and relatively inefficient. Its market capitalization to GDP is very low and investors have no access to long-term capital. In addition, the market still has very low liquidity and investors still have a limited choice of financial instruments and face liquidity problems. Originality/Value: This study contributes significantly to the importance of diversity in the use of financial instruments that help in the growth of investment. The study added a new discussion, which is the disclosure that financial instruments affect the growth of domestic investment, especially by easing financing restrictions, which allows companies to increase investment in response to increased demand for production. The main finding is that the structure of the financial system does not have an independent effect on investment growth, in the sense that it does not enhance the response of investment to changes in production, whereas financial development makes investment more responsive to output growth. Thus, instead of promoting a specific type of financial instrument, countries should implement policies that reduce transaction costs in financial intermediation and enforce the rights of creditors and investors. This will facilitate the development of banks and stock markets, which will stimulate the growth of domestic investment. JEL: D53; G14; O16

Author(s):  
Atiya Aljbiri

The objective of this paper is to answer the following question:. To what extent Libyan stock market developed to contribute to economic growth in Libya? This can be evaluated by using many financial indicators, these include stock market size, activity and efficiency, as well as the study including the regulatory framework, and information technology (IT) set in place by the market authorities. However, descriptive and comparative method was used. The results indicated that, despite the modest progress made in a very short time regarding all indicators which the paper calculated, however, it can be said that Libyan stock market remain largely underdeveloped, small and relatively inefficient. Its market capitalization to GDP is very low and investors have no access to long-term capital. In addition, the market still have very low liquidity and investors still have a limited choice of financial instruments and face liquidity problems. In the end of this paper was its conclusion a set of recommendations that can be used in developing a program that aims to speed the development of Libyan stock market and increase its efficiency.


2021 ◽  
Vol 16 (1) ◽  
pp. 136-146
Author(s):  
Andreea Simina Porancea-Răulea

Abstract Worldwide organizations are compelled by global competition to achieve notable, inimitable results. In order to achieve this organizations must differentiate themselves from their competitors by using intangible resources that can get the long-term competitive advantage. This can be accomplished by identifying and managing the important elements of performance more effectively and efficiently. Consequently, organizations have to be aware and understand the connection between valuing intellectual capital and their performance. This article enhances the relationship between intellectual capital indicators and the measures to be taken in order to become strong innovators at european level. By identifying the key indicators taken into consideration at European level an national analysis was made in order to identify the weak points that made a gap between Romania and the other european countries.


2009 ◽  
Vol 9 (1) ◽  
pp. 32-38
Author(s):  
F.X. Susilo ◽  
Dewi Rosmawati ◽  
Nur Yasin

Ants Alter Insecticide Efficacy on Aphids in the Yard-Long Bean Agroecosystem? This study was aimed to detect the relationship between Aphis sp. and ants and to show whether ants could alter insecticide efficacy on Aphis sp. A survey was conducted in  the yard-long bean agroecosystems that have been frequently attacked by aphids and for years treated with imidacloprid insecticide (in Mulyosari Village, intensive sample) versus those barely treated in Ganjar Agung Village (non-intensive sample), both in the West Metro municipal area, Lampung. Two sampling occasions were made (in March and November 2005) where 35 plant parts (i.e. 35 flowers and 35 pods) per sample were randomly observed to record the number of Aphis sp. and ants. The efficacy of the insecticide treatment was determined by comparing the mean number of aphids or ants from intensive versus non intensive samples using a t-test at the 0.05 level. The relationships between ant and aphid numbers were determined by calculating their coefficients of correlation and testing them using a t-test at the 0.01 or 0.05 level. The study showed that the long-term application of the insecticide imidacloprid in the yard-long bean agroecosystem 1) might strengthen the relationship between Aphis sp. and ants (especially Solenopsis sp., Camponotus sp. and Paratopula sp.) and 2) was not effective to suppress  Aphis sp. number. Stronger Aphis sp. — ant symbiotic relationship might alter the insecticide efficacy on Aphis sp. in the agroecosystem.


2013 ◽  
Vol 10 (3) ◽  
pp. 475-497 ◽  
Author(s):  
Tim Boon

The relationship between documentary films made for projection and television documentaries has not been studied in any sustained way. This is partially a product of the weakness of the literature on both postwar documentary and of the development of the form within the new medium. This article uses a combination of biography and formal analysis to begin to address this lacuna in the literature as it relates in particular to films and programmes with scientific themes. It examines four individuals who worked in documentary film before spending varying amounts of time in television: Duncan Ross, Paul Rotha, Michael Orrom and Ramsay Short, who joined the BBC respectively in 1947, 1953, 1954 and 1963. The analysis shows that those who stayed long term at the BBC (Ross and Short) adapted their technique to the new medium, while Rotha and Orrom – who both left after a comparatively short time – mainly sought to use TV as a medium for broadcasting existing documentary styles. It concludes that the approach of taking biographical details and formal qualities is useful, but that larger samples of programme-makers would be required to reach firm conclusions about the relationship between documentary films made for projection and television documentaries


Land ◽  
2021 ◽  
Vol 10 (1) ◽  
pp. 81
Author(s):  
Carmen Femenia-Ribera ◽  
Gaspar Mora-Navarro ◽  
Jose Carlos Martinez-Llario

A necessary and effective coordination between cadastre and land registry has always existed in Spain, but the difficulties have only been specifically addressed in the last few years. The aim of this study is to illustrate, analyse, and evaluate advances in this coordination in Spain from the beginnings of the current system in the early twentieth century, with the cadastre and land registry operating as separate organisations. A preliminary study was made in 2002 of the difficulties that needed to be overcome to achieve an ideal coordination of mainly mapped information. The study was made by gathering and analysing the opinions of various specialists who have dealt with the issue of coordination. For this research, qualitative information (current and historical) was gathered by querying documents about cadastre and land registry coordination in Spain. This information was studied and compared to identify the problems and challenges. A survey in 2012 analysed the relationship between the cadastre and land registry from the point of view of the general public in the city of Gandia. The Spanish government enacted the first specific and effective legislation on coordination in 2015 (Act 13/2015), and much has changed since its introduction. During the last five years of application, each of the problems initially highlighted has been monitored and analysed, and the difficulties that have arisen have been noted. In this study, each of these problems and challenges is analysed from various perspectives: querying documents (norms, budgets, official news, etc.), websites, digital applications, observation, and interviews. The main results of the case study in Spain are as follows: coordination is generally indispensable and cannot be postponed; there is a difficult understanding between the organisations involved; the general public associate the word “cadastre” with taxes and not with security in the demarcation of property; political will and understanding is necessary; the process is slow and requires long-term agreements; an improvement in the quality of maps is fundamental; and technology is not a problem.


2007 ◽  
Vol 13 (2) ◽  
pp. 107-113 ◽  
Author(s):  
Vidmantas Jokūbaitis

Long and short‐term (accelerated with simulation of pressure developed by compressed rust) experimental investigations were accomplished. It was investigated in long‐term tests the relationship between the width of the longitudinal cracks on the concrete surface and close to the reinforcement, and relation between these widths and corrosion‐induced damages in the reinforcement; parameters of these relationships were established. In short‐time investigations it was tried to clarify the influence of transverse reinforcement and opened normal cracks on the nature of longitudinal cracks propagation. It has been determined that the character and the rate of propagation of the longitudinal cracks depend on distribution of transverse reinforcement and normal cracks along a member.


1967 ◽  
Vol 21 (3) ◽  
pp. 769-785 ◽  
Author(s):  
A. J. F. Webster

1. The relationship between the heart rate and the energy expenditure of four sheep, S6, S7, S8 and S1, was studies under conditions known to increase energy metabolism.2. A close relationship between heart rate and energy expenditure was shown to exist in three of the four sheep tested when energy expenditure was increased by cold exposure and by increased levels of food intake.3. The source and magnitude of the errors associated with this relationship were studied by analysis of the variation occurring in the O2 pulse (ml O2/heart beat) of the sheep in response to factors other than those directly related to changes in heart rate. In two sheep, S8 and S6, variations in O2 pulse were random. The errors associated with the estimation, from heart rate measurements, of the energy expenditure of these sheep were ±6.8% and ±8.1% respectively. In the other two sheep, S7 and S1, O2 pulse tended to vary significantly during the experiments, in a way that was not directly related to changes in heart rate. The errors of the relationship in these sheep were ±8.6% and ±13.8% respectively.4. Indirect evidence was obtained to suggest that continuous measurements of heart rate continued to reflect with reasonable accuracy the energy expenditure of the three sheep, S6, S7 and S8 when they were standing and lying and when they were eating.5. Direct measurements were made of the O2 consumption and heart rate of sheep S7 and S1 during the act of eating. The energy expenditure of sheep S7 estimated from its O2 consumption was close to that estimated from measurements of its heart rate. Large errors were noted between these two estimates in sheep S1.6. It was concluded that sheep S8 and S6 would be suitable for long-term experiments designed to predict energy expenditure from heart rate measurements made in the field. Sheep S7 was considered to be of limited value for short-term experiments. Sheep S1 was considered to be unsuitable.


Author(s):  
Lucas Lixinski

This book critically engages the shortcomings of the field of international heritage law, seen through the lenses of the five major UNESCO treaties for the safeguarding of different types of heritage. It argues that these five treaties have, by design or in their implementation, effectively prevented local communities, who bear the brunt of the costs associated with international heritage protection, from having a say in how their heritage is managed. The exclusion of local communities often alienates them not only from international decision-making processes but also from their cultural heritage itself, ultimately meaning that systems put in place for the protection of cultural heritage contribute to its disappearance in the long term. The book adds to existing literature by looking at these UNESCO treaties not as isolated regimes, which is the common practice in the field, but rather as belonging to a discursive continuum on cultural heritage. Rather than scrutinizing the regimes themselves, the book focuses on themes that cut across the relevant UNESCO regimes, such as the use of expert rule in international heritage law, economics, and the relationship between heritage and the environment. It uses this mechanism to highlight the blind spots and unintended consequences of UNESCO treaties and how choices made in their drafting have continuing and potentially negative impacts on how we think about and safeguard heritage. The book is of interest to cultural heritage scholars and practitioners across all disciplines, as well as to international lawyers interested in the dynamics of fragmented subfields.


Author(s):  
Nemer Badwan

Purpose: The purpose of this research is to investigate the impact and current link between economic growth and foreign direct investment (FDI) on financial development in Palestine, as well as the role of financial development in influencing this relationship. Design/Methodology/Approach: The logical reasoning approach associated with quantitative research was applied in this study, which was backed up by experience and positivism as philosophical viewpoints. Data on economic growth indicators, foreign direct investment (FDI), financial development, and other control variables were also used, spanning the years (1998 to 2019). To determine whether there is an effect and a relationship between economic growth, foreign direct investment (FDI), and financial development in Palestine, Johansen's co-integration analysis method will be used. Results: Johansen's co-integration discovered that economic growth, foreign direct investment (FDI), and financial development have a favourable influence and a Long-Term association. Furthermore, there was a statistically significant relationship between stock market financial development indices and foreign direct investment (FDI). Practical Implications: This study adds to the literature by evaluating whether foreign direct investment (FDI) drives growth through financial development networks and other factors that can drive growth in addition to foreign direct investment (FDI). A well-developed financial market, according to research, will boost the impact of indirect foreign direct investment (FDI) on economic growth. By offering enough liquidity services that increase links between local and global investors, a well-developed stock market will promote capital accumulation activities and output growth. Originality/Value: This study is unique in that it examines the impact and relationship between economic growth and foreign direct investment (FDI) in Palestine on financial development, which must be considered in all developing countries' Long-Term development plans. Simultaneously, this study is a step ahead in examining the relationship between economic growth and foreign direct investment (FDI) in Palestine, as well as their primary function in financial development.


2021 ◽  
Vol 3 (31) ◽  
pp. 119-132
Author(s):  
Eleonora Ratowska-Dziobiak

An efficiently operating financial system is considered as an integral part of a well-functioning economy. It is the mechanism by which services are provided that allow the flow of purchasing power. Thus, this system creates the foundations of activity for entities using money, enabling the conclusion of economic transactions in which money performs various functions. The result of the existence of this system is the possibility of co-creation of money by non-financial economic entities (enterprises and households) and the flow of cash between them. In the light of many transformations taking place in the financial system, it is extremely important to ensure its stability. A properly functioning financial system significantly supports the achievement of the main goals of the central bank – maintaining a stable level of prices, and thus creating the basis for achieving long-term economic growth. Educational activities are of great importance in ensuring the stability of the financial system. The aim of the article is to present the role of economic education among young people, thanks to which they can better understand the complexities of the functioning of the financial system, the importance of its stability and prepare to make more conscious decisions as fully-fledged participants of the financial market. Understanding the specificity of the available financial instruments enables the minimalization of the risk associated with their selection / purchase. The accuracy of decisions made in adulthood depends on the knowledge of basic economic issues and the awareness of potential threats.


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