scholarly journals Drivers and Impacts of China’s Economic Engagements in Nigeria: Focus on Infrastructures Investment

2020 ◽  
Vol 5 (1) ◽  
pp. 68
Author(s):  
OJO Ademola Eyitope

China’s growing presence across African continent and with reference to Nigeria has variously attracted debates and mixed feeling amongst scholars and policy makers. Severally considered and described initially as ideological and political, cultural and adventurous, etc., but the phenomenal expansion of the engagement and relationship into trade and investment across economic sectors particularly infrastructure development, has many things to desire. While the public debate accentuates the imperativeness of Chinese infrastructure financing schemes and its roles in economic growth and development in Nigeria, yet vital questions on China-Nigeria economic engagement subsist. This study investigated and examined specifically the nature of the driving factors and the impacts of the economic engagement with particular interest in infrastructures investment and development. Using a non-probabilistic and qualitative research design method on secondary data sources, the study discovered that China-Nigeria economic engagement is propelled by economic, institutional, political and perception drivers with divers mixed impacts; and conclusively described the engagement as goodly-bad or sweet but bitter. This study contributes to the asymmetric view of China-Nigeria relationship by positing a balanced position from infrastructure investment perspective. The study therefore recommended that government policy makers ensure that Chinese investments alone in Nigeria’s national infrastructures development do not and should not substitute constitutional government responsibilities, that institutional frameworks must encourage momentous indigenous private investment capital inflow into infrastructure sector, going forward, China-Nigeria engagement policies must promote purposeful, environmental, human capital, and people-centered sustainable development goals in Nigeria amongst others.

2015 ◽  
Vol 12 (2) ◽  
pp. 110
Author(s):  
Baskoro Wicaksono

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


Author(s):  
Albert Mafusire ◽  
Zuzana Brixiova ◽  
John Anyanwu ◽  
Qingwei Meng

Private sector investment opportunities in Africa’s infrastructure are huge. Regulatory reforms across African countries are identified as critical to the realization of the expected investment flows in the infrastructure sector. However, planners and policy makers need to note that there are infrastructure deficiencies in all subsectors with low income countries (LICs) in Africa facing the greatest challenge. Inefficiencies in implementing infrastructure projects account for USD 17 billion annually and improving the capacity of African countries will help minimize these costs. In this regard, the donor community must play a greater role in African LICs while innovative financing mechanisms must be the focus in the relatively richer countries of the continent. Traditional sources of financing infrastructure development remain important but private investment is critical in closing the current gaps. Countries need to devise mechanisms to exploit opportunities and avoid pitfalls in investing in infrastructure.


2021 ◽  
Vol 2 (1) ◽  
pp. 65-71
Author(s):  
Shereen Khan ◽  
Nasreen Khan ◽  
Olivia Tan

The 2030 Plan for Sustainable Development Goals (SDGs) was approved by the United Nations General Assembly in 2015 on the principle of “leaving no one behind” in order to achieve sustainable development for everyone. The global pandemic has forced a lot of people to become jobless and in fact the unemployment rate has been increasing since the outbreak of Covid-19 pandemic across the globe. Youths have not been spared from this especially youth from the deprived population. This article looks into how the deprived young population can be empowered especially during the post pandemic era. The objectives of this article are to investigate and examine the post covid-19 recovery plan for young population in Malaysia and other jurisdictions to ensure that they are not left behind in nation building for sustainable futures. The main objective is thus to recommend the best practices and policy to be implemented to empower the deprived young population in the post pandemic era. A comparative study was conducted by analysing the policies in Malaysia and other selected jurisdictions. This article is basically emphasized on the current situation in Malaysia and the research was limited to secondary data becaused of the movement control order implemented in Malaysia to curb the spread of global pandemic. The findings of this article is to contribute to the policy makers in their effort to empower the youths from deprived society. Young people including those from the deprived population are the hope of stable future of the country.


2017 ◽  
Vol 6 (4) ◽  
pp. 155
Author(s):  
Ha Thi Thuy Van ◽  
Vu Thi Kim Anh

It is essential for each nation to invest, improve and retrofit its infrastructure. However, with the diverse participation of all economic sectors, each country has its own method of calling and attracting funds for infrastructure development.Vietnam is in a strong urbanization context, so the development of infrastructure and capital investment in infrastructure development is a very important issue. According to the current development trend, the demand for investment capital for infrastructure has exceeded the state budget's ability. At the same time, traditional solutions in order to increase public investment resources are now hampered by the fact that the Vietnamese budget can not expand for infrastructure investments. Therefore, the infrastructure investments in the coming period must be based mainly on the experience of developed countries.Studying the practical experience of mobilizing capital to develop infrastructure in ThaiLand, Malaysia, Singapore, Chile, China and India shows that developed countries have effective solutions to mobilize resources to invest to infrastructure development, creating a development motivation for socio-economic. This article explores the experience of raising capital for investment in infrastructure development in some countries who have many similarities in socio-economic situation with Vietnam, thereby we can learn a lot of good experience for Vietnam


Author(s):  
Mohammed Jashim Uddin ◽  
Md. Nezum Uddin

The 17 Sustainable Development Goals adopted by United Nations General Assembly on September 25, 2015 are a universal consensus to end poverty, eradicate inequality, protect the globe, tackle the climate change and make sure that all people of the planet enjoy peace and prosperity. Most of the goals are present in Bangladesh. This paper’s aim is to overview the challenges having faced by Bangladesh to acquire the recent phenomenon sustainable development goals.  The National Preliminary Report, FAO analysis, the sustainable Development Goals Report 2016, various articles, and newspaper writings have been scrutinized and secondary data have been used to complete the present study. The study finds that the goals are interconnected with one another. Eradicating all challenges will be daunting task for government alone. Sincere and fruitful policy agenda’ taken and implementation can be supportive and successful way to this idealistic wishes and utopian dreams. The policy makers, politicians, philanthropists, Financial Institutions etc can find it easy to solve SDGs related problems. Further analysis can be done on each and separate target and goal of SDGs in the context of the country.


Author(s):  
Laksminarti Laksminarti ◽  
Laksmi Handayani

The Department of Housing, Settlement and Land Areas of Central Kalimantan Province carries out one of the tasks in improving environmental roads in order to facilitate transportation access. In this case the performance can be categorized as good. The theory used as the basis for this research is the measurement of public bureaucratic performance. In the performance measurement there are five indicators used according to Dwiyanto namely 1) Productivity, 2) Service Quality, 3) Responsibility, 4) Responsibility and 5) Accountability. This study uses qualitative research methods because researchers want to understand sociological factors, situations and symptoms or social phenomena in depth and comprehensively. Data collection techniques through observation, interviews and documentation. The primary data in this study are the Head of the Area of ​​Settlement Areas, the Head of the Department of Housing, Settlement and Land Regions of Central Kalimantan Province, and the people of Palangka Raya City. Secondary data from this study are Data on Program Activities of Housing, Settlement and Land Areas of Central Kalimantan Province from 2017-2019 and Data on Achievements of Program Target Activities of Housing, Settlement and Land Services of Central Kalimantan Province from 2017-2019. Based on the results of research on the Performance of the Department of Housing, Residential Areas, and Land in the Improvement of Environmental Roads in the City of Palangka Raya in this case the performance can be categorized well. The planned and implemented program of activities has reached the expected target in terms of reducing slum areas and increasing decent occupancy, especially problems on environmental roads, although not all proposals that come directly from the community are carried out, but all of them are still accommodated and studied by the Disperkimtan. For this reason, it is recommended that the Department of Housing, Settlement and Land Areas of Central Kalimantan Province must conduct regular socialization to the community in providing education related to understanding residential areas. How to create a decent residential area and environment that is maintained in the midst of infrastructure development that will continue to achieve the expected regional development goals and the addition of human resources.


Author(s):  
David Cook ◽  
Nína Saviolidis ◽  
Brynhildur Davíðsdóttir ◽  
Lára Jóhannsdóttir ◽  
Snjólfur Ólafsson

The development of major economic sectors can provide the bedrock on which long-lasting national economic prosperity is formed. Iceland’s tourism sector is an example of a rapidly expanded industry in recent years, to the extent that it has become the largest sectoral contributor to the nation’s economy. The growth of the sector has led to a number of sustainability impacts, thus presenting opportunities and challenges in terms of meeting the seventeen Sustainable Development Goals (SDGs) of the United Nations. Using the case study of Iceland, this paper aims to advance conceptual understanding of the synergies and trade-offs between a nation’s tourism sector and performance across the 169 targets of the SDGs. Empirical results were derived from four theme-based focus groups, comprised of expert participants, who were tasked with completing scoresheets concerning their perception of the extent of synergies and trade-offs for each target. The majority (126 in number) of the mean scoresheet outcomes for the SDG targets revealed neither synergies nor trade-offs. However, 32 synergies and 11 trade-offs were identified. Many of the target synergies related to new economic opportunities, such as jobs, employment and training for young people. Target trade-offs tended to be environmental and social. In particular, concern was voiced about the greenhouse gas emissions of the Icelandic tourism sector, which derives from international aviation, cruise ships and rental car usage. The outcomes of this study are of particular relevance to tourism companies, policy-makers and governance institutes, all of whom are increasingly endeavouring to link their activities with the fulfilment of the SDGs, maximising synergies, mitigating the extent of any potential trade-offs, and potentially transforming trade-offs into synergies. Furthermore, the results are likely of interest to academics focused on researching the broad sustainability impacts of economic sectors and their contribution to meeting the visionary goals of the SDGs.


2021 ◽  
pp. 154231662110683
Author(s):  
Eka Ikpe ◽  
Sarah Njeri

The mine action sector has struggled to demonstrate the socioeconomic benefits of mine clearance. Previous academic studies have made important contributions but have been limited in offering in-depth discussions of causal pathways. This paper seeks to fill that gap. It proposes a new framework, the Mine Clearance and Peacebuilding Synergies (MPS) framework that combines the Humanitarian Mine Action Peacebuilding Palette, the Mine Action- Sustainable Development Goals (SDGs) framework and theoretical considerations from the Infrastructure as Peacebuilding framework to interrogate this interaction. Using Somaliland's post-conflict reconstruction as a case study, we analyze qualitative and quantitative data to map both the direct and indirect benefits of mine clearance in relation to infrastructure development. We find that mine clearance can influence both economic and physical reconstruction through its impact on dominant economic sectors as well as critical strategic infrastructure, including ports and roads, and demonstrate the synergies therein with an array of SDGs.


2019 ◽  
pp. 134-157 ◽  
Author(s):  
G. A. Borshchevskiy

The article examines the institutional process in a regional economy connected with the infrastructure development. We use the neoinstitutional approach to study factors that influence the behavior of government and business in their interaction in the economy. We also use statistical methods to analyze the dynamics of socio-economic development indicators of the subjects of the Russian Federation as well as the results of measures to attract private investment into infrastructure, including the PPP. We chose the city of Moscow and the Yamalo-Nenets Autonomous District as two empirical case studies which differ in economic and geographic conditions, but both demonstrate success in attracting private investment and implementing infrastructure projects. Our conclusions are consistent with a theory that asserts the primacy of institutional environment in relation to project implementation. We make also some practical recommendations for the development of the institutional environment which are acceptable for all regions solving similar problems of infrastructure development.


Author(s):  
LE Thanh Tam ◽  
Nguyen Minh Chau ◽  
Pham Ngoc Mai ◽  
Ngo Ha Phuong ◽  
Vu Khanh Huyen Tran

The technological revolution 4.0 brings great opportunities, but also cybercrimes to economic sectors, especially to banks. Using secondary data and survey results of 305 bank clients, the main findings of this paper are: (i) there are several types of cybercrimes in the banking sector; (ii) Vietnam is one of the top countries worldwide having hackers and being attacked by hackers, especially the banking sector. Three most common attacks are skimming, hacking and phishing. Number of cybercrime attacks in Vietnam are increasing rapidly over years; (iii) Vietnamese customers are very vulnerable to cybercrime in banking, as more than 58% seem to hear about cybercrimes, and how banks provide services to let them know about their transactions. However, more than 50% do not have any deep knowledge or any measures for preventing cybercrime; (iii) Customers believe in banks, but do not think that banks can deal with cybercrime issues well. They still feel traditional transactions are more secure than e-transactions; (iv) the reasons for high cybercrimes come from commercial banks (low management and human capacity), supporting environment (inadequate), legal framework (not yet strong and strict enough on cybercrimes), and clients (low level of financial literacy). Therefore, several solutions should be carried out, from all stakeholders, for improving the cybersecurity in Vietnamese banks. 


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