scholarly journals Control of Oppressive Interest Rates and Charges by Banks and the Relationship between Landlords and Tenants - The Urgent Imperative for Statutory Protection

2020 ◽  
Vol 3 (1) ◽  
pp. 15-30
Author(s):  
Afe OFR, CON, SAN, LL.D Babalola (SAN) ◽  
Clement C. Chigbo
Keyword(s):  
Interest Rates ◽  
Social Engineering ◽  
Unique Contribution ◽  
Policy And Practice ◽  
Residential Housing ◽  
Statutory Protection ◽  
The Government ◽  
Political Objective ◽  
International Instruments ◽  
The Relationship

Purpose: The purpose of the work is to examine the ways by which the court and legislature can control critical interest rates on loan bargains and legislation can be used to exercise/impose a significant legal control over the relationship between landlords and residential/occupiers.Methodology: The paper adopts the doctrinal research methodology/ approach of reviewing cases and statutes and international instruments in aiming at a valid conclusion. Emphasis were placed on statutes and case laws as primary sources. Relevance was as well placed on journal, articles, text books, internet materials, among others as secondary materials.Findings: The paper finds that many Nigerians will be exposed to unmitigated hardship and suffering during this era of covid-19 pandemic as a result of lockdown and restrictions imposed by the government in the effort and measures to contain and curb the spread of the coronavirus. Unique contribution to theory, policy and practice: The paper urges the government to adopt as a primary political objective- the use of legislation to ameliorate the plight of Nigerians in the loan bargain sector and in the residential (housing) sector. In this regard, the paper contributes to practice and policy of government by using law as an instrument of social engineering

scholarly journals RELASI MASJID DAN PASAR: KAJIAN SOSIOLOGI HUKUM TERHADAP KEBIJAKAN PENERAPAN PEMBATASAN SOSIAL BERSKALA BESAR SAAT PANDEMI COVID 19

2020 ◽  
Vol 1 (2) ◽  
pp. 120-131
Author(s):  
Indra Budi Jaya
Keyword(s):  
Large Scale ◽  
Public Awareness ◽  
Modern Society ◽  
Social Engineering ◽  
Sociology Of Law ◽  
Restriction Policy ◽  
Social Restriction ◽  
The Government ◽  
The Impact ◽  
The Relationship

Islam as a religion wants its people to always maintain a balance between religiosity (al din) and worldly problems (al dunya). The relationship between the two describes something that is separate but inseparable (harmony). However, for modern society, this condition often creates contradictions, this condition was seen at the time of the Covid 19 pandemic. The implementation of Large-Scale Social Restrictions by the government in an effort to overcome the spread of the impact of Covid 19 to the community by limiting activities in mosques and allowing activities in the market to continue in fact responded by the community differently. The methodology used is qualitative by using social policy analysis. This paper tries to examine social policies towards the application of large-scale social restrictions on mosques and markets. In this paper, the sociology of law theory is used, namely Law is a social engineering tool which emphasizes that law becomes the commander who must bring change to society. The results obtained in the research are that the community responds to the large-scale social restriction policy differently, where the purpose of the policy is for the community to be expected to make changes by complying with the rules that have been set by the government, the conditions for rejection and various responses are caused by disharmony between implementation of policies with public awareness of the law.Keyword : Policy, large-Scale Restrictions and the sociology of law. AbstrakIslam sebagai agama mengkhendaki umatnya agar senantiasa menjaga keseimbangan antara religiusitas (al din) dan masalah keduniaan (al dunia). Hubungan keduanya menggambarkan sesuatu yang terpisah namun tidak bisa dipisahkan (harmoni). Namun bagi masyarakat modern kondisi tersebut seringkali justru menimbulkan pertentangan, kondisi tersebut nampak pada saat terjadinya pandemi Covid 19. Penerapan Pembatasan Sosial Berskala Besar oleh pemerintah dalam upaya penanggulangan penyebaran dampak Covid 19 kepada masyarakat dengan membatasi aktivitas di masjid dan membiarkan kegiatan di pasar tetap berjalan nyatanya direspon oleh masyarakat secara berbeda. Metodologi yang digunakan adalah kualitatif dengan menggunakan analisis kebijakan sosial, Tulisan ini mencoba menelaah kebijakan sosial terhadap penerapan pembatasan sosial berskala besar terhadap masjid dan pasar. Dalam penulisan ini dipergunakan teori sosiologi hukum yaitu Law is a tool social engineering yang menegaskan bahwa hukum menjadi panglima yang harus membawa perubahan terhadap masyarakat. Hasil yang diperoleh dalam penelitian adalah Masyarakat merespon kebijakan pembatasan sosial berskala besar tersebut secara berbeda, dimana tujuan kebijakan tersebut adalah untuk masyarakat diharapkan dapat melakukan perubahan dengan mematuhi aturan yang telah di tetapkan oleh pemerintah, kondisi penolakan dan respon beragam tersebut di sebabkan oleh ketidak harmonisannya antara penerapan kebijakan dengan kesadaran masyarakat terhadap hukum.Kata Kunci : Kebijakan,  Pembatasan Sosial Berskala Besar dan Sosiologi Hukum

scholarly journals Economic Factors Influence on Funding of the Supply-Side of Housing in Kenya: Case Study Nairobi

2016 ◽  
Vol 11 (10) ◽  
pp. 194 ◽  
Author(s):  
Faith Wambui Kanjumba ◽  
Amos Njuguna ◽  
George Achoki
Keyword(s):  
Interest Rates ◽  
Negative Relationship ◽  
Housing Development ◽  
Primary Data ◽  
Supply Side ◽  
Economic Factors ◽  
Development Factor ◽  
Inflation Rates ◽  
The Government ◽  
The Relationship

Housing plays a very important role in the social economic development of any nation. One set of factors that impacts on the funding of the supply-side of housing are economic factors comprising market forces, cost of inputs, the macro economy and the cost of funding. This paper sets to establish the relationship between economic factors and funding of the supply-side of housing in Kenya and also the effect of the major stakeholders on such a relationship if it exists. Using an explanatory form of approach in research design a survey was conducted where primary data was collected by self-administered questionnaires from a random sample of 212 branches in Nairobi of financial institutions drawn from a population of 43 commercial banks, 9 deposit-taking MFIs and three major financiers of housing development. Factor analysis, correlation analysis and ordinal logit regression were used to determine the relationship between funding of housing and economic factors. Results indicated a negative relationship between economic factors and funding of housing development. It was also established that there exists a positive moderating effect of stakeholders on the relationship between economic factors and funding of housing development. The implication being the government and policy makers should ensure that interest rates and inflation rates are kept at a level that will encourage investments in housing, with the government acting then more as an enabler.

scholarly journals REGIME CHANGES IN MONETARY POLICY AND THE EXPECTATION HYPOTHESIS OF THE TERM STRUCTURE IN TURKEY

2012 ◽  
Vol 13 (2) ◽  
pp. 261-274
Author(s):  
K. Azim Özdemir ◽  
Özgür Özel
Keyword(s):  
Monetary Policy ◽  
Interest Rates ◽  
Term Structure ◽  
Inflation Targeting ◽  
Stock Exchange ◽  
Structural Instability ◽  
Data Set ◽  
Expectation Hypothesis ◽  
The Government ◽  
The Relationship

In this study we test the long-run validity of the Expectation Hypothesis of the Term Structure (EHTS) in Turkey by using monthly interest rate series from 2003m1 to 2010m1. The data set is obtained from the bonds and bills market for the government securities in the Istanbul Stock Exchange (ISE). Several results arise from our empirical analysis. First, we find strong evidence that there are stationary combinations of the long and short rates during the sample period. Secondly, when we restrict the cointegrating vectors to be the spread vectors between short and long rates we are not able to reject the restriction if the dynamic specifications of the systems include 2 lags of the interest rates. This result, however, is not robust to the lag length of 4 and 6 if the systems include interest rates with maturities longer than 6 months. Finally, the formal stability test results suggest that the regime change from the implicit to the full-fledged inflation targeting (IT) has no significant effect on the relationship among the interest rates on the short end of the term structure while the structural instability found in the relationship between the short rates and the long rates with maturity longer than 6 months might indicate the effect of the regime shift on this relationship. These results are in line with the conclusions of the literature that argues the EHTS to hold for the short end of the term structure when the focus of the monetary policy is to stabilize the short-term interest rates.

scholarly journals INTEREST RATE, MONEY SUPPLY AND GROWTH OF MORTGAGE FINANCING AMONG COMMERCIAL BANKS IN KENYA

2021 ◽  
Vol 6 (2) ◽  
pp. 1-11
Author(s):  
Chanzu Luyali ◽  
Julius Bichanga ◽  
M Gekara
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Money Supply ◽  
Commercial Banks ◽  
Time Series Data ◽  
Negative Impact ◽  
Model Specification ◽  
Series Data ◽  
Unique Contribution ◽  
The Government

Purpose: The purpose of this study was to investigate the effects of interest rate and money supply on the growth of mortgage financing among Commercial banks in Kenya. Materials and methods: The study adopted a descriptive research design. The population contained 35 loan lending commercial banks over a period between 1985 and 2019. Secondary data was used from desired financial statements available to the public of the singular commercial banks and other posted reports of financial institutions and establishments in conformity with the study. Time-series data were analyzed using STATA version 13 software, regression analysis and model specification tests. The hypothesis was tested using the multiple regression approach a significance level of 0.05 was used. Results: The study found that interest rate (coef= -0.0822, p= 0.007) and money supply (coef= 0.548, p= 0.00) have significant effects on the growth of mortgage financing among Kenyan commercial banks. Unique contribution to theory, practice and policy: Kenya's central bank should put in place mechanisms to guarantee that interest rates and money supply do not have adverse impacts on bank mortgage financing. The government should guarantee currency stability since currency fluctuations may have a negative impact on commercial bank mortgage borrowing. The classical theory is therefore relevant in our research since interest rates impact mortgages when capital demand increases. The quantity theory of money demand also holds that individuals want cash based on the transactions they need.

scholarly journals Explaining Private Debt

2017 ◽  
Vol 8 (2) ◽  
pp. 153-176
Author(s):  
Lenno Uusküla
Keyword(s):  
Interest Rates ◽  
Inflation Rate ◽  
House Prices ◽  
House Price ◽  
Private Debt ◽  
Macroeconomic Variables ◽  
Income Ratio ◽  
Low Interest Rates ◽  
The Government ◽  
The Relationship

The paper examines the relationship between more than 30 macroeconomic variables and debt-to-GDP ratios for the household, non-financial corporation and aggregate debt in a panel of European Union countries. The GDP level and the ratio of house prices to income are found to be positively correlated with the debt-to-GDP ratio, whereas the real interest rate, the inflation rate, economic sentiment and the government debt level are negatively correlated with the debt-to-GDP ratio. Low interest rates and the house price-to-income ratio predict growth in the future debt-to-GDP ratio. Moreover, countries that have had a financial crisis have typically gone through a period of deleveraging afterwards.

scholarly journals Batik SMEs In East Java Indonesia: Interrelationship Between Personal Value and Management Skills Towards SMEs Performance in The New Normal Era

2021 ◽  
Vol 1 (2) ◽  
pp. 48-61
Author(s):  
Murtianingsih Murtianingsih ◽  
Ubud Salim ◽  
Atim Djazuli ◽  
Sudjatno Sudjatno
Keyword(s):  
Interest Rates ◽  
Personal Values ◽  
Dynamic Environment ◽  
Positive Contribution ◽  
Management Skills ◽  
New Normal ◽  
Inflation Rates ◽  
The Government ◽  
And Performance ◽  
The Relationship

The development of Batik SMEs in East Java shows a sector that is highly affected by the pandemic due to the unpreparedness of SMEs to face the pandemic conditions. The need for encouragement from the government and strengthening this sector so that it can develop again and make a positive contribution to the regional and national economy. Managerial aspects and personal values owned by Batik SMEs in East Java are expected to be a reinforcing factor for SMEs in facing a very dynamic environment. The purpose of this study was to determine the relationship between personal values and management skills on the performance of Batik SMEs during the new normal era in East Java, Indonesia. The data used were obtained through a survey using a questionnaire, which was then analyzed by factor analysis, descriptive statistics, Pearson product-moment correlation, and multiple regression. The results of the study stated that there was no relationship between personal values and performance, and there was no relationship between management skills and the performance of Batik SMEs in East Java, Indonesia. This research does not include external factors of the research variables, namely government policies that can be measured by inflation rates and tax policies, as well as Bank Indonesia credit interest rates. This study uses the variable management skills, personal values, and performance of Batik SMEs in East Java during the normal era, which are products with local cultural features.

scholarly journals The Impact of Leadership Styles on Employees’ Commitment within Dubai Government Entities: Mediating Effects of Communication

2021 ◽  
Vol 7 (1) ◽  
pp. 46
Author(s):  
Ali Murad lil Taher l Raeesi ◽  
Norsamsinar Samsudin
Keyword(s):  
Leadership Styles ◽  
Quantitative Methods ◽  
Essential Element ◽  
Employee Commitment ◽  
Future Research ◽  
Policy And Practice ◽  
Positive Effects ◽  
The Government ◽  
The Impact ◽  
The Relationship

Employee commitment is the essential element especially for the government entities success where employees are not willing to perform and this situation motivates the research to examine employee commitment of the government entities in Dubai. Thus, this study investigated the relationship between leadership styles and employees’ commitment and communication among Dubai government entities. This study also assess the impact of communication on the relationship between leadership styles and employees’ commitment at the Dubai Immigration Department (DID). This study has followed the quantitative methods of data collection and also used the smart-PLS for analysis. The findings revealed that transformational and transactional styles have positive effects on employees’ commitment to DID. Findings also revealed that there is a significant relationship between transformational and transactional styles and communication. A positive effect is also discovered to exist between communication and employees’ commitment. Communication mediates transformational and transactional styles and employee commitment. The original contribution to knowledge is the mediating role communication plays in DID in relation to employees’ commitment. These findings helped to determine the appropriate recommendations for policy and practice in the UAE, as well as suggestions for future research.

scholarly journals Peran Good Governance dalam Program Inovasi Kampung Hijau di Daerah Istimewa Yogyakarta

2018 ◽  
Vol 5 (2) ◽  
pp. 1-20
Author(s):  
Ambar Teguh Sulistiyani
Keyword(s):  
Good Governance ◽  
Secondary Data ◽  
Social Engineering ◽  
Government Role ◽  
Government Bureaucracy ◽  
The Government ◽  
The Relationship ◽  
Governance Innovation ◽  
Made In

Good governance is a new spirit delivered for government bureaucracy. Various efforts have been made in order to create good governance so that it can lead to professional, productive, and innovative bureaucracy system. Government institutional becomes the main ditch to achieve respectable governance. Innovation will be convenient if government institutions give adequate spaces toward the roles of other stakeholders and community. The government, another stakeholder, and community are supposed to work together to carry and implement innovation programs in all sectors. Green village is one residential innovation form that should be supported by various actor roles. In addition, in order to establish the relationship between parties, conducive to bureaucracy atmosphere is needed. This paper discusses the implementation of the roles of good governance in facilitating green village innovation program in Daerah Istimewa Yogyakarta. Investigation result toward secondary data shows that the government role of good governance is in regulation, planning, implementation, and assistance. However, the role is only formal not yet intensive. Good governance role of society is in the form of participation, which has worked well in three green villages. However, society participation is not wide spread yet. Meanwhile, the private role is still limited to the mutual interest which is profitable. Recommendation to optimize good governance by performing authentic green bureaucracy, private green action, and social engineering green community.

Tanggung Jawab Hukum Penilai Publik terhadap Laporan Penilaian Kegiatan Pengadaan Tanah bagi Pembangunan untuk Kepentingan Umum (Studi Atas Kantor Jasa Penilai Publik Toto Suharto)

2020 ◽  
Vol 2 (1) ◽  
Author(s):  
Gagah Yaumiyya Riyoprakoso ◽  
AM Hasan Ali ◽  
Fitriyani Zein
Keyword(s):  
Future Development ◽  
Public Interest ◽  
Legal Responsibility ◽  
Legal Research ◽  
The Public ◽  
The Government ◽  
Conducting Research ◽  
The Right ◽  
The Relationship ◽  
Systematic Explanation

This study is based on the legal responsibility of the assessment of public appraisal reports they make in land procurement activities for development in the public interest. Public assessment is obliged to always be accountable for their assessment. The type of research found in this thesis is a type of normative legal research with the right-hand of the statue approach and case approach. Normative legal research is a study that provides systematic explanation of rules governing a certain legal category, analyzing the relationship between regulations explaining areas of difficulty and possibly predicting future development. . After conducting research, researchers found that one of the causes that made the dispute was a lack of communication conducted between the Government and the landlord. In deliberation which should be the place where the parties find the meeting point between the parties on the magnitude of the damages that will be given, in the field is often used only for the delivery of the assessment of the compensation that has been done.

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