scholarly journals Embracing Entrepreneurial Change: Enterprising In Yemen Compared With Other Least Developed Countries

2021 ◽  
Vol 2 (4) ◽  
pp. 1-22
Author(s):  
Mugaahed Abdu Kaid Saleh ◽  
Manjunath K.R.
Keyword(s):  
Economic Development ◽  
International Development ◽  
Comparative Method ◽  
Research Work ◽  
Secondary Data ◽  
Developed Countries ◽  
Least Developed Countries ◽  
The Status ◽  
Key Drivers ◽  
Practical Implications

Purpose: The stud aims to compare the status of entrepreneurship activities and the encouragement of entrepreneurship in the five least-developed countries: Afghanistan, Bangladesh, Rwanda, Sudan, and Yemen. Approach/Methodology/Design: A comparative method is adopted, a comparison of the status of entrepreneurship among five different least developed countries (Afghanistan, Bangladesh, Rwanda, Sudan, and Yemen). By relying on secondary data, with the help of tabulation and visualization of the data, four main variables are used to compare entrepreneurship in these countries (Definition, development, obstacles, and reforms). Findings: The results showed that the least developed countries do not pay much attention to the sector of SMEs as a crucial sector for economic development. Among the five countries, Rwanda is found to be the reference point in achieving remarkable development in the aspect of entrepreneurial development. Practical Implications: Based on the different experiences examined in the study, a model of the key drivers of entrepreneurial change is suggested. It would act as a roadmap to drive the economy towards achieving entrepreneurial change as in the case of Rwanda. Originality/value: The study proposes a model for embracing entrepreneurial change which can be tested and validated in further research work. The study also attempts to attract the attention of policymakers and international development partners towards the importance of encouraging entrepreneurship activities in the least developed countries.

EMPOWERING WOMEN THROUGH ENTREPRENEURSHIP: ASPECTS AND APPROACHES

2014 ◽  
Vol 6 (01) ◽  
Author(s):  
JAVED ALAM SHEIKH
Keyword(s):  
Economic Development ◽  
Developed Countries ◽  
Substantial Contribution ◽  
Economic Empowerment ◽  
World Population ◽  
Least Developed Countries ◽  
The Road ◽  
Road Map ◽  
The World ◽  
The Status

Almost 50 per cent of the world population is constituted by the women and they have been making substantial contribution to socio-economic development. But, unfortunately their tremendous contribution remains unrecognized and unnoticed in most of the developing and least developed countries causing the problem of poverty among them. Empowering women has become the key element in the development of an economy. With women moving forward, the family moves, the village moves and the nation moves. Hence, improving the status of women by way of their economic empowerment is highly called for. Entrepreneurship is a key tool for the economic empowerment of women around the world for alleviating poverty. Entrepreneurship is now widely recognized as a tool of economic development in India also. In this paper I have tried to discuss the reasons and role of Women Entrepreneurship with the help of Push and Pull factors. In the last I have also discussed the problems and the road map of Women Entrepreneurs development in India.

scholarly journals Migration and Its Impact on Sustainable Development

2021 ◽  
Vol 8 (1) ◽  
pp. 55
Author(s):  
Muslih Faozanudin ◽  
Shainima Islam
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
International Migration ◽  
Secondary Data ◽  
Developed Countries ◽  
Industrialized Countries ◽  
Population Mobility ◽  
Least Developed Countries ◽  
Skilled Workers ◽  
The Impact

People’s mobility and international migration are quite interesting phenomena to discuss. Until now, there are still differences in views between industrialized countries and developing countries regarding the contribution of migration to development for both sending and receiving countries. This paper aims to analyze based on existing secondary data the linkage between migration and sustainable development. For analysis, this study uses a descriptive approach, with secondary data as the primary source. The analysis found that both sending and receiving countries - benefited from population mobility and international migration. The least developed countries in the economy and overall infrastructure are supplying countries for this migration process, and increasing remittances and skilled workers to help other countries. Although it is realized that this condition is the impact of the weak economic system of developing countries on the one hand and the demographic that occur in advanced industrialized countries on the other. To maintain the stability of the supply chain for economic development, international migration is included as one of the sustainable development programs that apply more humane values. Therefore, migrants should be seen as potential contributors to the growth of sending and receiving countries, and some even claim that they are heroes of foreign exchange. Keywords:  migration, remmitance, sustainable development Mobilitas masyarakat dan migrasi internasional merupakan fenomena yang cukup menarik untuk dibahas. sampai saat ini masih terdapat perbedaan pandangan antara negara industri dan negara berkembang, tentang  kontribusi migrasi terhadap  pembangunan, baik  bagi negara yang asal migrant maupun bagi negara penerima. Makalah ini bertujuan untuk menganalisis berdasarkan data sekunder yang ada mengenai keterkaitan antara migrasi dan pembangunan berkelanjutan. Untuk analisis, penelitian ini menggunakan pendekatan deskriptif, dengan data sekunder sebagai sumber primer. Hasil analisis menemukan bahwa kedua negara-negara pengirim dan penerima - mendapat manfaat dari mobilitas penduduk dan migrasi internasional. Negara-negara kurang berkembang dalam ekonomi dan infrastruktur secara keseluruhan menjadi negara pemasok untuk proses migrasi ini, dan meningkatkan pengiriman uang dan pekerja terampil untuk membantu negara lain. Meskipun disadari bahwa kondisi ini merupakan dampak dari lemahnya sistem perekonomian negara berkembang di satu sisi dan faktor demografi dan kesuburan yang terjadi di negara industri maju di sisi lain. Untuk menjaga stabilitas rantai pasokan pembangunan ekonomi, migrasi internasional dimasukkan sebagai salah satu program pembangunan berkelanjutan yang menerapkan nilai-nilai yang lebih manusiawi. Oleh karena itu, para migran harus dilihat sebagai kontributor potensial bagi pertumbuhan negara pengirim dan penerima,  bahkan ada yang mengklaim bahwa mereka adalah sebagai pahlawan devisa. Kata kunci:  migrasi, pembangunan berkelanjutan, remiten

scholarly journals Foreign Aid in Nepal

2018 ◽  
pp. 71-76
Author(s):  
Kiran Bahadur Pandey
Keyword(s):  
Economic Development ◽  
Foreign Aid ◽  
Developed Countries ◽  
Domestic Investment ◽  
Least Developed Countries ◽  
Capital Goods ◽  
Economic Journal

Foreign aid is essential for least developed countries like Nepal because these countries have the shortage of fund to meet their domestic investment for accelerating economic development and also to finance the import of essential capital goods required for the development. Nepal receives foreign aid from bilateral and multilateral sources. Following a descriptive approaches this paper analyses the trend of foreign did flow in Nepal from aggregative perspective. Economic Journal of Development Issues Vol. 23&24 No. 1-2, (2017) Combined Issue, Page : 71-76

The relationship among tourism, poverty, and economic development in developing countries

2016 ◽  
Vol 22 (6) ◽  
pp. 1174-1190 ◽  
Author(s):  
Namhyun Kim ◽  
HakJun Song ◽  
Ju Hyun Pyun
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Developed Countries ◽  
Tourism Industry ◽  
Least Developed Countries ◽  
Income Per Capita ◽  
International Dollar ◽  
Heterogeneous Effects ◽  
Per Capita ◽  
The Relationship

This study investigates the relationship among tourism, poverty, and economic development in developing countries. The empirical model is set up using unbalanced panel observations for 69 developing countries for the period 1995–2012. The findings show that tourism has heterogeneous effects on the poverty ratio in terms of a country’s income per capita: the positive effect of tourism on poverty alleviation switches to being negative after a certain threshold of a country’s income level. The results of this study indicate that only the least developed countries (those with an income per capita below international dollar 3400) have benefited from the tourism industry in terms of reducing their poverty ratios.

History, Politics, and Economic Development in Liberia

1965 ◽  
Vol 25 (4) ◽  
pp. 569-591 ◽  
Author(s):  
George Dalton
Keyword(s):  
Economic Development ◽  
Middle East ◽  
Economic History ◽  
Direct Consequence ◽  
Developed Countries ◽  
Least Developed Countries ◽  
Developed Economies

American and European economists who work in the least developed countries of Africa, Asia, or the Middle East sometimes come away with the feeling of having learned more than they imparted. Nor is this surprising: the minds of economists are often more receptive to development than are the exotic economies in which they now work. In considering problems of underdevelopment and processes of development we learn—inadvertently, as it were—new things about conventional fields of economics and about the developed economies of Europe and America. These feedbacks have been particularly valuable to economic historians who have given us fresh insights into European, Russian, Japanese, and American development as a direct consequence of the present concern with developing the backward countries. Economic history is now wedded to economic development.

scholarly journals Impact of Microfinance on Entrepreneurs in Afghanistan: An Analysis of Selected Cases

2021 ◽  
pp. 104-110
Author(s):  
Chandrashekhar R ◽  
Azizuddin Sultani
Keyword(s):  
Secondary Data ◽  
Developed Countries ◽  
Rank Test ◽  
Microfinance Institutions ◽  
Least Developed Countries ◽  
Employment Opportunities ◽  
Success Stories ◽  
Secondary Data Source ◽  
Data Source

Microfinance and entrepreneurship help decrease poverty and leads to economic growth in the least developed countries (LDCs). Generally, entrepreneurs in Afghanistan are under privileged due to the lack of financial and infrastructure resources and uncertain political situations to operate their businesses.In the last decades,Afghan entrepreneurs setup their small and micro businesses with government and microfinance institutions' financial support. This research considered 28 entrepreneurs' success stories to examine how microfinance impacts their income growth after receiving loans. The study is constructed on the secondary data source,and the statistical analysis was conducted using IBM SPSS25. Therefore, the data was not normally distributed. The authors used the Wilcoxon Sing Rank Test,a Non parametric Test, and found that microfinance positively impacts an entrepreneur's income in Afghanistan. The research also indicated that there had been a significant improvement in saving level and employment opportunities since they have availed loans from MFIs/MFB. The finding of this case study,coupled with the MFIs/MFB, claims that MFIs/MFB improve the entrepreneur's income,savings and facilitate employment opportunities. Keywords: Afghanistan, Empowerment, Entrepreneurship, Income Generation, Microfinance

scholarly journals The Importance of Industry in Modern Economies of the Globalized World in the 21st Century

2021 ◽  
Vol 92 ◽  
pp. 04021
Author(s):  
Olga Regnerova ◽  
Daniela Šálková ◽  
Petra Šánová
Keyword(s):  
Economic Development ◽  
Capital Investment ◽  
Comparative Method ◽  
Value Added ◽  
Developed Countries ◽  
Added Value ◽  
Tertiary Sector ◽  
Globalized World ◽  
Industrial Capacity

Research background: The classic explanation about the structure of economies stipulates that, as societies advance, their economy gradually shifts towards the tertiary sector where the added value is the highest. While this logic proved to be empirically true during the last centuries, it nonetheless comes with significant issues in the long run. The need for manufactured products, which is constantly growing due to global economic development and a growing population, must still be addressed by an industrial base around. This leaves only two options open: 1. Some countries have to lag behind the rest of the world in terms of global economic development or 2. Developed countries will have to devote part of their labor and capital investment to (re) building capable industrial capacity. Purpose of the article: The aim of the article is to point out the influence of globalization on the position of production structures in the context of the global crisis. Methods: Comparative method, definition of the object of comparison and determination of the goal of comparison and determination of criteria for own analysis of relevant sources, induction, deduction, generalization. Findings & Value added: The only way to maintain enough industrial capacity to answer the demand in a globalized world without having some countries lagging behind will be to redistribute the production capabilities among the countries. This would make the economic playfield more even and would also have several side benefits regarding global environmental and political issues including unexpected crises such as pandemic period coronavirus.

scholarly journals THE ROLE AND IMPORTANCE OF TECHNICAL REGULATION IN INCREASING EFFICIENCY IN THE ENERGY SECTOR

2021 ◽  
Vol 06 (02) ◽  
pp. 28-29
Author(s):  
Nurlan Hajizade Nurlan Hajizade
Keyword(s):  
Economic Development ◽  
Research Work ◽  
Developed Countries ◽  
Energy Sector ◽  
The State ◽  
Modern World ◽  
Special Role ◽  
Negative Consequences ◽  
Technical Regulation ◽  
Definition Of

One of the important vectors of economic development in the modern world is the minimization of the negative consequences of human economic and other activities. Therefore, highly developed countries impose mandatory and voluntary requirements on the development of products and implement a series of measures. Necessary regulatory activities of the state in this direction include the definition of mandatory requirements, their proper implementation and the application of sanctions. All these processes are carried out through technical regulation. It is important to apply technical regulation in every sector of the economy. This importance plays a special role in the energy sector, which is closely linked to all sectors of the economy, and differs even more. In this regard, the role and importance of technical regulation in increasing the efficiency of the energy sector in the research work is highlighted.

scholarly journals Consequences of COVID-19 on Imports and Exports of China with Forecasted Error and Future Trends

2020 ◽  
Vol 16 (1) ◽  
Author(s):  
Muneeb Ahmad ◽  
Muhammad Umer Quddoos ◽  
Yousaf Ali Khan ◽  
Azeddine Elalami Lahlimi ◽  
Mohammad Rizwan Khurshid
Keyword(s):  
Design Methodology ◽  
Research Work ◽  
Secondary Data ◽  
Future Trends ◽  
Normal Model ◽  
Arima Models ◽  
Determination Methods ◽  
Model Determination ◽  
Practical Implications ◽  
Comparative Rate

Purpose- The primary motivation behind this paper is to break down results of Coronavirus on imports and fares of China with anticipated mistake and future patterns. Design/methodology/approach - The paper depends on an Auto Backward Coordinated Moving Normal model with explicit suggestion of Box and Jenkins approach each year complete assessment of imports and fares of China as of the year 1950-2016 through supportive quantifiable programming R. It is found that ARIMA (0, 2, 2) and ARIMA (0, 2, 1) model appear to be to be sensible to measure full scale yearly imports and fares of China independently. Findings - After the control of COVID plague Chinese imports and fares will extend a tiny bit at a time and after the skirmish of three years get the figure (153609.6) in 2022, it will get the figure (153096.8) of 2019. After 2022, the advancement movement of Chinese imports and fares will be extended in a reliably close about a comparative rate before the attack of novel COVID. Research limitations/implications - The foremost restriction of the research work it is merely support on secondary data. Practical implications - The scientist can utilize these models for determining yearly imports and fares of China. Any way it ought to be refreshed opportunity to time with a consolidation of current information. It is most significant that the scientist ought to consistently follow the guideline of stinginess and attempt to fit straightforward model rather than model with enormous boundaries. Originality/value - The uniqueness of this article is that it features the select models for gauging import and fare of China. It was discovered that AIC based model determination methods provided ARIMA models with request (0, 2, 2) and request (0, 2, 1) for imports and fares of China separately were proper and helps in advancing money related incorporation with brings about higher monetary development and unfamiliar financial specialists.

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