scholarly journals Impact of Currency Redenomination on an Economy: An Evidence of Ghana

2020 ◽  
Vol 13 (2) ◽  
pp. 62 ◽  
Author(s):  
Bright Obuobi ◽  
Emmanuel Nketiah ◽  
Faustina Awuah ◽  
Fredrick Oteng Agyeman ◽  
Deborah Ofosu ◽  
...  

The main objective of this study is to ascertain the impact of currency redenomination on the Ghanaian economy. Since independence in 1957, Ghana has had series of redenomination exercises but the recent one which became a debatable topic happened in 2007. As a result, the study is conducted to determine the pre and post-performance of the country using 2007 as the benchmark. This research takes into consideration the quantitative research technique based on ex-post factor design. Secondary data of the research variables (GDP, Economic growth, Balance of trade, inflation, FDI and Globalization index) were used over a 20-year period between 1997 and 2017. Analytical techniques of both descriptive statistics and independent sample test were used for the research. The t-test for equality of means adopted was to determine the statistically significant difference on the economic variables. The study also used the Levene’s test of equality of variance assumed. It was concluded that, currency redenomination is beneficial to an economy’s growth. It was therefore recommended that, the government of Ghana initiates policies that will boost local production to support the exercise so as to increase GDP and other associated economic variables.

2011 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Firdaus Basuni

Many efforts have been done by the government to improve the quality of education and one of them is accreditation program. This research is focused to identify the impact of accreditation on teachers’ performance and national examination score of Madrasah. The research used an ex post facto method to analyze past events and their time order to find out the influencing factors. The population of this study was 8.844 madrasah located in provinces of DKI Jakarta, Central Java, South Sulawesi, and South Sumatera. Using purposive sampling technique, 202 teachers from 73 madrasah representing those from the provinces mentioned were taken as the samples. Data analysis and interpretation suggest that: (1) From accreditation status point of view, there was no significant difference between teachers’ performances of accredited madrasah and those from non-accredited ones, (2) There was a significant difference between the teachers’ performance judging from the accreditation level point of view (on the scale of A, B, C, or D), between the teachers’ performance of madrasahs with A accreditation and B accreditation; and between the teachers’ performance of madrasah with A accreditation and C accreditation, (3) There was no significant differences between the teachers’ performance of madrasah with B accreditation and C accreditation, (4) there was a significant difference between the national examination score of accredited madrasah and the non-accreditation ones, and (5) There was no significant difference between national examination score of madrasahs with different accreditation scale of level (A, B, C, or D). Shortly, the accreditation has more influence on the teachers’ performances than on the national examination scores.


2021 ◽  
Vol 4 (2) ◽  
pp. 207-221
Author(s):  
Rini Dwiyani Hadiwidjaja ◽  
Arianto Muditomo ◽  
Yanuar Trisnowati

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. An IPO allows a company to raise capital from public investors. This study aims to prove the sectoral impact of the Covid-19 pandemic in Indonesia. Qualitative identification through content analysis on public online media and report documents on the results of analysis by research institutes and consultants identifies potential negative impacts on several industrial sectors as a result of the Covid-19 pandemic throughout 2020, but on the other hand, IPO action on the Indonesian capital market in 2020 still ongoing. Previous research has not been found specifically that analyzes the relationship between the impact of Covid-19 on industry and the performance of IPO actions per industrial sector, then through the IPO under-pricing phenomenon approach, empirical evidence is carried out. This research uses secondary data for the initial returns of 315 companies that conducted IPO actions during the period 2010 to 2020 on the Indonesian capital market and testing using a paired sample test on the population of IPO actions before and during the Covid-19 pandemic, the results of this study indicate that simultaneously in all the corporate sector did not find any statistically significant difference in initial returns between the period before and during the pandemic. This shows that the Covid-19 pandemic does not directly impact the behavior of capital market investors, especially in making investment decisions in the primary market.


2018 ◽  
Vol 6 (2) ◽  
pp. 209-214
Author(s):  
Muhammad Adi Sofyan Ansori ◽  
Deky Aji Suseno

The research aims at analyzing the impact of PKSHK (Duty, Import Income Tax, and Subsidy) and the Imported Soybean Price on the Local Soybean Price. This research is a quantitative research, the data used in this research is time series secondary data starting from January 2005 to December 2014. The method of analysis is Multiple Linear Regression and Simple Linear Regression. The tests used are statistical t-test and F-test statistics. The results of this research show that the variables of PKSHK do not significantly have impact on the Local Soybean Price, while the variable of Soybean Import Price positively and significantly has impact on the Local Soybean Price. The conclusion of this research is that PKSHK made by the government is not effective.


Author(s):  
Neha Gupta

Abstract This paper reviews rice procurement operations of Government of India from the standpoints of cost of procurement as well as effectiveness in supporting farmers’ incomes. The two channels in use for procuring rice till 2015, were custom milling of rice and levy. In the first, the government bought paddy directly from farmers at the minimum support price (MSP) and got it milled from private millers; while in the second, it purchased rice from private millers at a pre-announced levy price thus providing indirect price support to farmers. Secondary data reveal that levy, despite implying lower cost of procurement was discriminated against till about a decade back and eventually abolished in 2015 in favor of custom milling, better trusted to provide minimum price support. We analyze data from auctions of paddy from a year when levy was still important to investigate its impact on farmers’ revenues. We use semi-nonparametric estimates of millers’ values to simulate farmers’ expected revenues and find these to be rather close to the MSP; a closer analysis shows that bidder competition is critical to this result. Finally, we use our estimates to quantify the impact of change in levy price on farmers’ revenues and use this to discuss ways to revive the levy channel.


2020 ◽  
Vol 8 (2) ◽  
pp. 117
Author(s):  
Mohamad Anis Fahmi

Background: Low public awareness of the impact of smoking makes the implementation of smoke-free areas (KTR) difficult. Smoke-free areas aim to protect the public from the direct and indirect effects of smoking. Purpose: This study aimed to analyze the correlation between the application of smoke-free areas and the prevalence of active and ex-smokers in Indonesia. Method: This study implemented a cross-sectional design, using secondary data from the Riskesdas 2018 on active and ex-smokers. KTR application data were obtained from the Profile of Non-Communicable Diseases in 2016. A Pearson product-moment test was conducted by a computer application to determine the correlation coefficient (r). This coefficient was used to describe the level of correlation between the two variables; significance was determined as a p value of 5%. Results: This study showed that the average application of KTR throughout Indonesia was 50.83%, active smokers comprised 23.49% of the population, and ex-smokers comprised 4.94%. Most active smokers were in Java and Sumatra, while the majority of ex-smokers were in Java and Sulawesi and the majority of KTR was in Java. This study shows that there is a positive correlation between KTR application and the percentage of ex-smokers (r = 0.46; p value = 0.01). Conclusion: There is a positive correlation between the application of KTR and an increase in ex-smokers. The government needs to increase the application of KTR policies.


2021 ◽  
Vol 3 (2) ◽  
pp. 11
Author(s):  
Rafi Hidayat ◽  
Sri Ulfa Sentosa

This study aims to systematize and explain the effect of land area, fertilizer use and labor on agriculture output of food crops in Indonesia. This type of research is quantitative research, the data used is secondary data which is analyzed using panel regression analysis. The estimation result show that land area has a negative and insignificant effect on agricultural output of food crops in Indonesia, the amount of fertilizer use has a positive and significant effect on agricultural output of food crops in Indonesia and labor has a negative and insignificant effect on agricultural output of food crops in Indonesia. Therefore this study proposes the government to be able to run a program that can increase land production power and labor production power in order to increase agricultural output of food crops.


Author(s):  
Nermin M. Gohar

This research intends to fill the gap in the literature by studying the impact of lagged real advertising expenditures on different perspectives of brand equity in the Egyptian context, which are: Firm-based and Market-based brand equity. The research follows the quantitative research-based approach, with the descriptive explanatory method. Secondary data was collected from firms’ financial reports of sixteen sectors for the period 2013 - 2020 to consider the effect of real advertising expenditures on firm-based and market-based brand equity models. Data was collected from 168 listed companies in the Egyptian stock exchange market, after deleting the financial institutions. The unit of analysis was the corporate brands and data collected was panel data analyzed using Eviews program – version 10, using GLS regression. Results showed that market risk significantly moderates the relationship between advertising expenditures and Firm-based and Market-based brand equity.


2020 ◽  
Vol 2 (4) ◽  
pp. 443
Author(s):  
Muhammad Adib ◽  
Sri Kusriyah Kusriyah ◽  
Siti Rodhiyah Dwi Istinah

Government Regulation No. 53 of 2010 regarding the discipline of the Civil Servant loading obligations, prohibitions, and disciplinary action which could be taken to the Civil Servant who has been convicted of the offense, is intended to foster a Civil Servant who has committed an offense, the form of disciplinary punishment is mild, moderate, and weight. Disciplinary punishment for the Civil Servant under Government Regulation No. 53 of 2010 Concerning the Discipline of Civil Servants. The formulation of this journal issue contains about how the process of disciplinary punishment, and constraints and efforts to overcome the impact of the Civil Servant disciplinary punishment in Government of Demak regency. The approach used in this study is a sociological juridical approach or juridical empirical, that is an approach that examines secondary data first and then proceed to conduct research in the field of primary data normative. The process of giving disciplinary sanctions for State Civil Apparatus in Government of Demak regency begins with the examination conducted by the immediate supervisor referred to in the legislation governing the authority of appointment, transfer and dismissal of civil servants. The results showed that in general the process of sanctioning / disciplinary punishment of civil servants in the Government of Demak be said to be good and there have been compliance with the existing regulations / applied in Government Regulation No. 53 of 2010, although it encountered the competent authorities judge still apply tolerance against the employee, but also a positive impact among their deterrent good not to repeat the same offense or one level higher than before either the Civil Servant concerned or the other. Obstacles in carrying out disciplinary punishment in Government of Demak regency environment is still low awareness of employees to do and be disciplined in performing the tasks for instance delays incoming work, lack of regulatory discipline, lack of supervision system and any violations of employee discipline. There must be constraints to overcome need for cooperation with other stakeholders comprising Inspectorate, BKPP, and the immediate superior civil servants in this way can be mutually reinforcing mutual communication, consultation, coordination so that if later there is a problem in the future could be accounted for.Keywords: Delivery of Disciplinary Sanctions; Civil Servant; Government Regulation No. 53 of 2010.


Neutron ◽  
2020 ◽  
Vol 20 (01) ◽  
pp. 33-40
Author(s):  
Novika Candra Fertilia ◽  
Hana Sary Ayuningtias

The government is building two dams to pursue flood capacity in Jakarta, one of which is the X Dry Dam project. There were obstacles during the construction of this project, which resulted in several changes in the form of contract amendments. The purpose of this study is to determine the most influential factors that cause contract amendments and give suggestions for that factors, so the next contract amendment can be minimized and the project can run according to the costs and time that has been set. In this study, the authors use quantitative research methods by distributing questionnaires to respondents who are staff at the contractor. Secondary data used is the S curve. This research uses 4 stages of the questionnaire by using the reliability test using SPSS version 25 software and data analysis of importance index (II). From the results of this study are the X Dry Dam Project has 5 factors that most influence the occurrence of contract amendments that are land acquisition (53.33%), severe weather conditions (52.19%), society refusal of the project (48.84%), lacking design process planning (42.12%), and schedule /estimated time by the owner is too fast (40.28%).


2020 ◽  
Vol 4 (2) ◽  
pp. 165-182
Author(s):  
Aep soleh Soleh

This study investigates the impact of fuel price adjusment on changes in fuel consumption and inflation in Indonesia. This study uses secondary data obtained from the Ministry of Energy and Mineral Resources, the Ministry of Finance, the Ministry of Trade, Bank Indonesia, the Central Bureau of Statistics (BPS), and PT Pertamina (Persero) from 2006 to 2016 and analyzed by using Ordinary Least Square (OLS) method. Research showed, if the government increases Premium Gasoline's price by 10%, in average its consumption would decrease around 2,99 %. However, if the Pertamax Gasoline's price increases, the consumption of Premium Gasoline would also increase due to substitution effect. Every 10% increase in Subsidized Diesel's price, in average its consumption would decrease around 4,80 % and vice versa. However, if the Pertamina dex's price increases, the consumption of Subsidized Diesel would also increase due to substitution effect. Moreover, IDR1.000/L increase in Premium Gasoline's Price would contribute 1,10 % to the inflation rate. On the other hand, increase in Subsidized Diesel's price does not contribute to the inflation rate.


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