scholarly journals Adopting Meritocracy among the Youth for International Development in Developing Countries

Science Mundi ◽  
2021 ◽  
Vol 1 (1) ◽  
pp. 105-109
Author(s):  
Margaret Murage
Keyword(s):  
Developing Countries ◽  
International Development ◽  
Secondary Data ◽  
Reward System ◽  
Educational Opportunities ◽  
Market Model ◽  
Social Reward ◽  
Work Culture ◽  
Policy Makers ◽  
Effective Work

The aim of this research was to highlight how meritocracy can be adopted to tap youth as a resource for development in Developing countries. This meritocratic perspective is based on the premise that one's talents are primarily derived from their inherent qualities (e.g., personality and general intelligence). As a result, a meritocratic environment is described as one that recognizes an individual's abilities and provides them with the environment and, opportunities they need to excel in their endeavors. This qualitative analysis is an integrative literature review based on the desk study of secondary data. The findings show that meritocracy is achieved through, talent-based careers, educational opportunities tailored to natural aptitude, and achievement as the foundation for social reward system in the society. The practice of meritocracy may be harnessed to build up an effective work culture and promote economic growth with social development. Nevertheless, what we can conclude from this study is that non-meritocratic culture currently practiced in Developing countries, especially neopatrimonialism, is considered to play an important role in hindering youth access to opportunities. Therefore, meritocracy is a strategy that policy makers should consider adopting if they want to succeed at jumpstarting economic development based on a capitalist market model.

EFFECT OF BONUS ISSUE ON STOCK PRICES OF COMPANIES QUOTED AT THE NAIROBI SECURITIES EXCHANGE

2017 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Patrick Maina Gachuhi ◽  
Cyrus Iraya
Keyword(s):  
Stock Returns ◽  
Stock Prices ◽  
Abnormal Returns ◽  
Secondary Data ◽  
Market Model ◽  
Expected Returns ◽  
Policy Makers ◽  
Study Methodology ◽  
The Difference ◽  
Event Study Methodology

Purpose: The purpose of this study was to determine the effect of bonus issue on stock prices of companies quoted at the Nairobi securities exchangeMethodology: The study adopted an event study methodology since the study was concerned with the establishment of the information content of bonus issue announcement on share performance at the NSE. The population of this study was 61 companies listed in the NSE. A sample size of 10 listed companies was focused on as there were only 10 companies which had issued bonuses between 2009 and 2012. The study used secondary data to gather information. The collected secondary data was coded and entered into Statistical Package for Social Sciences (SPSS, Version 20) for analysisResults: The study findings revealed that there was a drastic incline from year 2009 to year 2010 followed by a slight decrease in abnormal returns in the following years, Abnormal returns present the difference between the actual returns and the expected returns over a certain period of time. Study findings from the market model indicated that the market return is a good predictor of stock returns.  ANOVA results indicated that abnormal returns after bonus issue were significantly higher than abnormal returns before bonus issue. ANOVA results also indicated that actual stock returns were significantly higher after bonus issue than before the bonus issuePolicy recommendation: The study recommends the NSE to establish and enhance policies for investing so as to attract and encourage large institutional and foreign investors to participate at the NSE. The study also recommends that policy makers and regulators at the NSE are encouraged to encourage more research on the NSE form of efficiency; this will provide a forum for investors to get the information on the form of efficiency of the market and boost their confidence when investing at the NSE

Some Simple Thoughts on Model Building for Developing Countries

1983 ◽  
Vol 22 (2) ◽  
pp. 63-71 ◽  
Author(s):  
Henk C. Bos
Keyword(s):  
Developing Countries ◽  
Empirical Research ◽  
Model Building ◽  
Past Experience ◽  
Policy Advice ◽  
Production Functions ◽  
Policy Makers ◽  
Statistical Criteria ◽  
Simple Models

The revival of interest in using models for developing countries for planning and policy advice makes it desirable to draw lessons from past experience. Simple models, focussed on specific issues, are to be preferred to large and comprehensive models. More empirical research is needed on supply and production functions for developing countries. Not statistical criteria but developmental considerations must determine the conclusions to be drawn from models. More explicit explanations of assumptions and modesty in presenting results of modelling work to policy makers are desirable.

Penguatan Wilayah Perbatasan: Studi Kasus Pulau Sebatik Kabupaten Nunukan Provinsi Kalimantan Timur

2015 ◽  
Vol 12 (2) ◽  
pp. 110
Author(s):  
Baskoro Wicaksono
Keyword(s):  
Central Government ◽  
Secondary Data ◽  
Well Being ◽  
Research Strategy ◽  
Management Policy ◽  
Infrastructure Development ◽  
Policy Makers ◽  
The Public ◽  
East Kalimantan ◽  
Border Policy

This study describes the border management policy conducted by the central government, provinceof East Kalimantan and Nunukan. Policies such as the establishment of regulatory, institutionalstrengthening, programs and infrastructure development. The policy is getting good responsefrom the elite and the masses. On the other hand policy makers have expectations of localcommunities border synergism Sebatik Island in order to build and develop the border areas so asto break the chain of dependence on Malaysia. The research was conducted in Sebatik Island,East Kalimantan province Nunukan with the formulation of the problem (a) what policies areoriented to maintain borders, (b) How is the public response to government policy, (c) What areyour expectations of policy makers in local communities to regional border. This study usedqualitative methods to phenomenological research strategy. Techniques of data collection in thisstudy using two ways, namely in-depth interviews and secondary data view Results indicate thatthe existing policy of both the central and provincial to district borders do not solve the problembecause it is made on the island of Sebatik with other border regions. The policy does not includelocal knowledge, where it is desperately needed by the people Sebatik. In addition to policies onprograms and infrastructure development of the center, the district adopted a policy of inactionagainst the illegal cross-border trade, which on the one hand against the rules but if enforced thenpeople can not perform economic activities that impact well-being. Policies like this gets a positiveresponse from the public. Expectations for the future border policy is to load local content orlocal knowledge.Keyword: border policy, local knowledge, dependent relationship

TICAD: The Context of Japan’s Development Aids to Africa

2016 ◽  
Vol 14 (1) ◽  
Author(s):  
Ayokunle Olumuyiwa Omobowale
Keyword(s):  
Cold War ◽  
International Development ◽  
Development Assistance ◽  
Secondary Data ◽  
Development Aid ◽  
Development Projects ◽  
Usual Practice ◽  
Self Help ◽  
The Cold War ◽  
And Control

Most of the discourse on development aid in Africa has been limited to assistance from Western countries and those provided by competing capitalist and socialist blocs during the Cold war era. Japan, a nation with great economic and military capabilities; its development assistance for Africa is encapsulated in the Tokyo International Conference on African Development (TICAD) initiative. The TICAD started in 1993 and Japan has so far held 5 TICAD meetings between 1993 and 2013 during which Africa’s development challenges and Japan’s development assistance to the continent were discussed. The emphasis on “ownership”, “self-help” and “partnership” are major peculiar characteristics of Japan’s development aid that puts the design, implementation and control of development projects under the control of recipient countries. This is a major departure from the usual practice in international development assistance where recipient countries are bound by clauses that somewhat puts the control of development aid in the hands of the granting countries. Such binding clauses have often been described as inimical to the successful administration of the aids and development in recipient countries. Though Japan’s development aid to Africa started only in 1993, by the 2000s, Japan was the topmost donor to Africa. This paper examines the context of Japan’s development aid to Africa by analyzing secondary data sourced from literature and secondary statistics.

An Analysis of the Link between Water Infrastructure Financing and Water Provision South Africa

2018 ◽  
Vol 10 (3(J)) ◽  
pp. 74-83
Author(s):  
Lerato C. Bapela ◽  
Collins C. Ngwakwe ◽  
Mokoko P. Sebola
Keyword(s):  
South Africa ◽  
Quantitative Research ◽  
Secondary Data ◽  
P Value ◽  
Unique Contribution ◽  
Water Infrastructure ◽  
Control Variables ◽  
Policy Makers ◽  
Infrastructure Finance ◽  
Water Provision

This paper evaluated the relationship between water infrastructure financing and water provision in South Africa. The research followed a quantitative research design; secondary data for water infrastructure financing and water provision in South Africa was obtained from the Trans - Caledon Tunneling Agency (TCTA) and the World Bank for the period 1994 - 2014 . The regression results indicated two separate findings which offers unique contribution to the current literature; results from water asset finance as a single independent variable on water provision showed a significant relationship. However, an addition of two control variables , corruption and violence, neutralised the effectiveness of water asset finance on water provision to the extent that water asset finance became less significant with a P value of 0.05. The paper makes a nuance contribution from the findings, which specifically is that finance alone may not deliver target water provision if corruption and violence is left unbridled. The paper thus recommends the need for public policy makers to control the rate of corruption and violence to enable effective application of water infrastructure finance in water provision. The paper also recommends the need for further research on other government departments to integrate corruption and violence as control variables. 

Distributional Weights in Benefit-Cost Analysis: Examples from Rwanda and Uganda

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Charles B. Moss ◽  
Andrew Schmitz
Keyword(s):  
Developing Countries ◽  
Cost Analysis ◽  
Research And Development ◽  
Agricultural Research ◽  
Systematic Variation ◽  
Policy Makers ◽  
Benefit Cost Analysis ◽  
Small Producer ◽  
Agricultural Research And Development ◽  
Benefit Cost

Abstract The question of how to allocate scarce agricultural research and development dollars is significant for developing countries. Historically, benefit/cost analysis has been the standard for comparing the relative benefits of alternative investments. We examine the potential of shifting the implicit equal weights approach to benefit/cost analysis, as well as how a systematic variation in welfare weights may affect different groups important to policy makers. For example, in the case of Rwandan coffee, a shift in the welfare weights that would favor small coffee producers in Rwanda over foreign consumers of Rwandan coffee would increase the support for investments in small producer coffee projects. Generally, changes in welfare weights alter the ordering for selecting investments across alternative projects.

scholarly journals Light People: Professor Chennupati Jagadish

2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Hui Wang
Keyword(s):  
Developing Countries ◽  
Scientific Research ◽  
Educational Opportunities ◽  
Research Career ◽  
National University ◽  
Education In India ◽  
Set Up ◽  
Equal Educational Opportunities ◽  
Australian Academy ◽  
Young Researchers

EditorialIn 2018, the Indian film “Starting Line” focused the public’s attention on the issue of education in India. It depicted the length some Indian parents were willing to go to secure educational resources for their children, as well as the difficulties faced by those disadvantaged in society in their fight for equal educational opportunities. In reality, many brilliant young Indian talents have been able to study in Australia through a fund set up by Prof. Chennupati Jagadish, a Distinguished Professor of the Australian National University. Prof. Jagadish is a Fellow of the Australian Academy of Science and the Australian Academy of Technological Sciences and Engineering. In 2018 he was awarded a UNESCO Prize for his contribution to the development of nanoscience and nanotechnology. He holds many positions, and has won numerous awards. What started Prof. Jagadish on his scientific research career? How did he become the respected scientist he is today? What was his intention in setting up the educational fund for students from developing countries? What advice does he have for young researchers? Here are the answers from Prof. Jagadish.

scholarly journals Effect of reward system among health care workers performance: a case study of university of Calabar teaching hospital Calabar, Nigeria

2015 ◽  
Vol 4 (3) ◽  
pp. 45
Author(s):  
Oyira Emilia James ◽  
Regina Ella ◽  
Nkamare S.E ◽  
Felicia E. Lukpata ◽  
Sylvia Lazarus Uwa ◽  
...  
Keyword(s):  
Health Care ◽  
Teaching Hospital ◽  
Health Care Workers ◽  
Positive Impact ◽  
Secondary Data ◽  
Reward System ◽  
Relevant Information ◽  
Statistical Tool ◽  
Monetary Rewards ◽  
Care Workers

The study investigated the effect of reward system on health care workers performance in Teaching Hospital. It examined the relationship among monetary and non-monetary rewards and employees’ performance in University of Calabar Teaching Hospital (UCTH). Desk survey was used in gathering relevant information. Primary sources were questionnaire, observation and interview, while secondary data were gathered from internet, textbooks, journals and libraries. Chi-square statistical tool was used and the findings revealed the monetary reward had a positive impact on employees’ performance while non-monetary rewards had a negative effect on employees’ performance. The study recommended that management of UCTH should boost the morale of their employees through fair and equitable reward system. The study further recommended that management should be effective with monetary rewards like bonuses and fringe benefits to encourage the workers improve performance.

scholarly journals Promoting Clusters and Networks for Small and Medium Enterprises to Economic Development in the Globalization Era

SAGE Open ◽  
2017 ◽  
Vol 7 (1) ◽  
pp. 215824401769715 ◽  
Author(s):  
Sara Foghani ◽  
Batiah Mahadi ◽  
Rosmini Omar
Keyword(s):  
Developing Countries ◽  
Small And Medium Enterprises ◽  
Empirical Studies ◽  
Developed Countries ◽  
Policy Makers ◽  
Ongoing Research ◽  
Global Challenges ◽  
Medium Enterprises ◽  
Global Arena ◽  
Asian Developing Countries

This research attempts to explore the importance of cluster-based systems in preparation for small and medium enterprises (SMEs) to go global, and it is an ongoing research. The findings of this research are aimed at providing insights to policy makers, academicians, and practitioners with the objective of creating initiatives, strategies, and policies, which reflect the primary aim of supporting SMEs in managing global challenges. SMEs that are cluster-based have the potential to facilitate the successful inclusion of SMEs in the growth of productivity and networks of global distribution. Most Asian developing countries are in the dark when it comes to this matter. The main purpose of this study is to investigate the relations between the capabilities of the networks and clusters in developing SMEs’ preparedness in facing business players in the global arena. This study’s scope includes specific Asian developing countries. Even though the issue of clusters in SMEs has been well researched in developed countries, such empirical studies are still lacking in the Asian region despite its prevalent collectivism practice. In the concluding analysis, the study intends to develop a model emphasizing the cluster-based industrial SMEs toward globalization.

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