scholarly journals EFFECT ANALYSIS OF BANKING SECTOR REFORM AND GROSS MANUFACTURING OUTPUT IN NIGERIA: IMPLICATIONS FOR ACHIEVING SUSTAINABLE DEVELOPMENT GOAL 9

2021 ◽  
Vol 8 (1) ◽  
pp. 117-147
Author(s):  
Dike Okechukwu ◽  
◽  
Nwogwugu Uche ◽  
Kalu Chris ◽  
Eze Eze ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Exchange Rate ◽  
Interest Rate ◽  
Banking Sector ◽  
Nominal Exchange Rate ◽  
Bank Credit ◽  
Sustainable Development Goal ◽  
Sector Reform ◽  
Development Goal ◽  
Interest Rate Spread

No doubt, structural transformation lies at the heart of economic progress of any nation. Most significantly, the industrial sector, especially manufacturing, is a key engine of growth and development. Unfortunately, manufacturing development in Nigeria, over the years have not improved despite the banking sector reforms. This paper empirically investigated the shock effects of the banking sector reform on gross manufacturing output in Nigeria between the period 1970-2018. The variables used in the paper include gross manufacturing output, bank credit to the manufacturing sector, interest rate spread, nominal exchange rate, market capitalization, manufacturing capacity utilization and a dummy variable. The data were sourced from the Central Bank of Nigeria Statistical Bulletin, International Monetary Fund Financial Reports and the World Bank Development Indicator (2019). The Vector Autoregressive Model (VAR) estimation techniques were employed to achieve the objective of the paper. The results showed that gross manufacturing output responded negatively to bank credit during all the reforms phases. It further revealed that it responded negatively to a unit shock in exchange rate during the pre-SAP and bank recapitalization periods, but positively during the deregulation, regulation and liberalization periods. It showed also that gross manufacturing output responded negatively to shock in interest rate spread during all reform phases in Nigeria. The policy implication of these findings attested to the fact that the linkage between the banking sector and real sector is weak in Nigeria. Hence for Sustainable Development Goal 9, in particular 9.2, to be achieved, the linkage between both critical sectors must be integrated and strengthened via improving on the banking sector fundamentals and introduction of shock measures from the reform.

scholarly journals Long Run Relationship between Selected Macroeconomic Indicators and Banking Sector in Pakistan

2018 ◽  
Vol 10 (2) ◽  
pp. 67
Author(s):  
Javed Pervaiz ◽  
Teng Jian-Zhou ◽  
Junaid Masih
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Banking Sector ◽  
Oil Prices ◽  
Nominal Exchange Rate ◽  
Government Bond ◽  
Macroeconomic Variables ◽  
Long Run ◽  
Augmented Dickey Fuller ◽  
Macroeconomic Indicators

The study investigated the long run relationship between selected macroeconomic indicators and banking sector index in Pakistan. The selected macroeconomic indicators are Exports, Industrial Production, CPI, and KIBOR as short-term interest rate, Money Supply (M0), Nominal Exchange Rate between Pakistan and United States of America (USA), Oil Prices and the Interest rate on Pakistan Government bond ten years, as the long-term interest rate. Monthly time series was used from January 2009 to August 2015. The study applied Augmented Dickey-Fuller test to determine the stationarity levels for the selected macroeconomic indicators and banking sector index, Phillips-Perron test to validate the results of Augmented Dickey-Fuller test, a bound testing technique in ARDL model to investigate the long run relationship between selected macroeconomic variables and banking sector index. Results suggested the presence of a long-run relationship between macroeconomic variables exchange rate, inflation, oil price and banking sector index in Pakistan. Results of Granger causality test suggested unidirectional causality running from macroeconomic variables KIBOR and oil prices to banking sector index in Pakistan. Further, unidirectional causality was found running from banking sector index to government bond in Pakistan.

scholarly journals News media attention in Climate Action: latent topics and open access

2021 ◽  
Author(s):  
Tahereh Dehdarirad ◽  
Kalle Karlsson
Keyword(s):  
Sustainable Development ◽  
Regression Analysis ◽  
Open Access ◽  
News Media ◽  
Latent Dirichlet Allocation ◽  
Topic Modelling ◽  
Sustainable Development Goal ◽  
Data Set ◽  
Development Goal ◽  
Climate Action

AbstractIn this study we investigated whether open access could assist the broader dissemination of scientific research in Climate Action (Sustainable Development Goal 13) via news outlets. We did this by comparing (i) the share of open and non-open access documents in different Climate Action topics, and their news counts, and (ii) the mean of news counts for open access and non-open access documents. The data set of this study comprised 70,206 articles and reviews in Sustainable Development Goal 13, published during 2014–2018, retrieved from SciVal. The number of news mentions for each document was obtained from Altmetrics Details Page API using their DOIs, whereas the open access statuses were obtained using Unpaywall.org. The analysis in this paper was done using a combination of (Latent Dirichlet allocation) topic modelling, descriptive statistics, and regression analysis. The covariates included in the regression analysis were features related to authors, country, journal, institution, funding, readability, news source category and topic. Using topic modelling, we identified 10 topics, with topics 4 (meteorology) [21%], 5 (adaption, mitigation, and legislation) [18%] and 8 (ecosystems and biodiversity) [14%] accounting for 53% of the research in Sustainable Development Goal 13. Additionally, the results of regression analysis showed that while keeping all the variables constant in the model, open access papers in Climate Action had a news count advantage (8.8%) in comparison to non-open access papers. Our findings also showed that while a higher share of open access documents in topics such as topic 9 (Human vulnerability to risks) might not assist with its broader dissemination, in some others such as topic 5 (adaption, mitigation, and legislation), even a lower share of open access documents might accelerate its broad communication via news outlets.

scholarly journals Leveraging CSR for Sustainability: Assessing Performance Implications of Sustainability Reporting in a National Business System

2021 ◽  
Vol 13 (11) ◽  
pp. 5987
Author(s):  
Labrini Sideri
Keyword(s):  
Sustainable Development ◽  
Banking Industry ◽  
Sustainability Reporting ◽  
Future Research ◽  
Sustainable Development Goal ◽  
Development Goal ◽  
Sustainable Solutions ◽  
Agenda 2030 ◽  
Business System ◽  
National Business

In the light of Agenda 2030 awareness of sustainability is steadily growing all over the world. Devastating phenomena like pandemics (Sustainable Development Goal 3 (SDGs—Agenda 2030)), poverty (Sustainable Development Goal 1 (SDGs—Agenda 2030)) as well as climate change (Sustainable Development Goal 13 (SDGs—Agenda 2030)) threaten humanity, calling for more sustainable solutions. Although economic growth (Sustainable Development Goal 8 (SDGs—Agenda 2030)) is one of the principal goals for a sustainable future, little research has been devoted to the interface of corporate social responsibility (CSR) and sustainability and their contribution to the financial sector, in view of sustainable banking. Even fewer are the studies concerning sustainable banking in Greece. This paper attempts a comparative overview of sustainability integration into businesses, focusing on the banking industry. The current theoretical analysis initially provides an extended review of the CSR and sustainability concepts, which is followed by a comprehensive analysis of non-financial disclosures (NFDs) and their business value, providing some evidence from Greece. The following sections refer to the performance implications and sustainability integration in the banking industry. Eventually, sustainable banking seems to enhance banking performance in a national business system. This is a very important deduction for sustainability to be both the cause and effect of corporate banking. Along with the discussion, some avenues for future research are highlighted.

scholarly journals Signals and Images in Sea Technologies

2021 ◽  
Vol 9 (1) ◽  
pp. 41
Author(s):  
Davide Moroni ◽  
Ovidio Salvetti
Keyword(s):  
Sustainable Development ◽  
United Nations ◽  
Marine Resources ◽  
Sustainable Development Goal ◽  
Development Goal ◽  
The United Nations

Life below water is the 14th Sustainable Development Goal (SDG) envisaged by the United Nations and is aimed at conserving and sustainably using the oceans, seas and marine resources for sustainable development [...]

scholarly journals Human Rights in the Least Developed Countries of Asia: An Index for Quantifying Sustainable Development Goal 3 (Good Health and Wellbeing)

2021 ◽  
Vol 18 (9) ◽  
pp. 4747
Author(s):  
Karen G. Añaños Bedriñana ◽  
José Antonio Rodríguez Martín ◽  
Fanny T. Añaños
Keyword(s):  
Sustainable Development ◽  
Maternal Education ◽  
Good Health ◽  
Developed Countries ◽  
Least Developed Countries ◽  
Sustainable Development Goal ◽  
Distance Method ◽  
Development Goal ◽  
Health And Wellbeing ◽  
The Impact

This paper aims to measure disparities among the variables associated with Sustainable Development Goal (SDG) 3 defined by the United Nations (UN) in the least developed countries (LDCs) of Asia. In the terms of the UN Conference on Trade and Development, LDCs are countries with profound economic and social inequalities. The indicator was constructed using a set of variables associated with SDG3: Good Health and Wellbeing. Applying Pena’s DP2 distance method to the most recent data available (2018) enables regional ordering of Asia’s LDCs based on the values of these variables. The index integrates socioeconomic variables that permit examination of the impact of each individual indicator to determine territorial disparities in terms of the partial indicators of SDG3. “Maternal education,” “Proportion of women who make their own informed decisions regarding sexual relations, contraceptive use, and reproductive health care,” and “Gender parity index in primary education” are the most important variables in explaining spatial disparities in good health and wellbeing in the LDCs of Asia.

Sign in / Sign up

Export Citation Format

Share Document