Economic Environment of Small and Medium Scale Enterprises: Implications on Economic Growth in Nigeria

2017 ◽  
Vol 19 (4) ◽  
pp. 1-12 ◽  
Author(s):  
Lilian Orogbu ◽  
Chinedu Onyeizugbe ◽  
Ewans Chukwuma
Keyword(s):  
Economic Growth ◽  
Economic Environment ◽  
Medium Scale

Institutions and the Ottoman Past

2018 ◽  
pp. 55-89
Author(s):  
Şevket Pamuk
Keyword(s):  
Economic Growth ◽  
Nineteenth Century ◽  
Economic Development ◽  
Human Development ◽  
Economic History ◽  
Economic Environment ◽  
Important Distinction ◽  
The Social ◽  
Proximate Causes

This chapter looks at the role of institutions in economic development and the evolution of Ottoman institutions before the nineteenth century. It argues that while institutions are not the only things that matter, it is essential to examine their role in order to understand Turkey's experience with economic growth and human development during the last two centuries. The economics and economic history literature has been making a related and important distinction between the proximate and deeper sources of economic growth. The proximate causes refer to the contributions made by the increases in inputs, land, labor, and capital and the productivity increases. The deeper causes refer to the social, political, and economic environment as well as the historical causes that influence the rate at which inputs and productivity grow.

scholarly journals Energy Engineering Approach for Rural Areas Cattle Farmers in Bangladesh to Reduce COVID-19 Impact on Food Safety

2020 ◽  
Vol 12 (20) ◽  
pp. 8609
Author(s):  
Mohammad Nur-E-Alam ◽  
Mohammad Nasirul Hoque ◽  
Soyed Mohiuddin Ahmed ◽  
Mohammad Khairul Basher ◽  
Narottam Das
Keyword(s):  
Thin Film ◽  
Economic Growth ◽  
Power Generation ◽  
Rural Areas ◽  
Farming Systems ◽  
Film Coating ◽  
Thin Film Coating ◽  
Medium Scale ◽  
Hybrid Power ◽  
Cattle Farming

This paper reports on the optimization of thin-film coating-assisted, self-sustainable, off-grid hybrid power generation systems for cattle farming in rural areas of Bangladesh. Bangladesh is a lower middle-income country with declining rates of poverty among its 160 million people due to persistent economic growth in conjunction with balanced agricultural improvements. Most of the rural households adopt a mixed farming system by cultivating crops and simultaneously rearing livestock. Among the animals raised, cattle are considered as the most valuable asset for the small-/medium-scale farmers in terms of their meat and milk production. Currently, along with the major health issue, the COVID-19 pandemic is hindering the world’s economic growth and has thrust millions into unemployment; Bangladesh is also in this loop. However, natural disasters such as COVID-19 pandemic and floods, largely constrain rural smallholder cattle farmers from climbing out of their poverty. In particular, small- and medium-scale cattle farmers face many issues that obstruct them from taking advantage of market opportunities and imposing a greater burden on their families and incomes. An appropriate measure can give a way to make those cattle farmers’ businesses both profitable and sustainable. Optimization of thin-film coating-assisted, self-sustainable, off-grid hybrid power generation system for cattle farming is a new and forward-looking approach for sustainable development of the livestock sector. In this study, we design and optimize a thin-film coating-assisted hybrid (photovoltaic battery generator) power system by using the Hybrid Optimization of Multiple Energy Resources (HOMER, Version 3.14.0) simulation tool. An analysis of the results has suggested that the off-grid hybrid system is more feasible for small- and medium-scale cattle farming systems with long-term sustainability to overcome the significant challenges faced by smallholder cattle farmers in Bangladesh.

scholarly journals INFLUENCE OF BUDGET POLICY ON ECONOMIC GROWTH OF THE COUNTRY

2021 ◽  
Vol 1 (36) ◽  
pp. 243-249
Author(s):  
V. Makohon
Keyword(s):  
Economic Growth ◽  
Public Debt ◽  
Social Protection ◽  
Debt Management ◽  
Economic Environment ◽  
Regulation System ◽  
The European Union ◽  
Safe Level ◽  
Budget Policy ◽  
The Impact

The article describes the essence of budget policy. Determined its role in ensuring macroeconomic stability and accelerating economic growth. The quantitative and qualitative impact of the budget regulation system on the economic environment has been characterized. It is substantiated that purposeful budget regulation allows accelerating or slowing social and economic processes, ensuring achievement of certain strategic goals and objectives. An estimation of the impact of budget policy on economic growth, in particular, on the justification of the interrelation of the share in the GDP of income, including direct and indirect taxes; expenses, including social protection and social security, economic activity; direct state and guaranteed debt with real GDP in Ukraine. For 2009—2019, the share of gross income and expenditure, deficit and debt in the countries of the European Union in the GDP was determined; income, expenses, deficit of the consolidated budget, direct state and guaranteed debt in Ukraine. The substantiation of the provision on the development of institutional foundations for fiscal policy-making based on the necessity of adapting the set of mechanisms of functioning of the budget regulation system to the conditions of development of the financial and economic environment and the cyclical nature of economic processes; the position regarding the formation of budget policy based on a forecast assessment of budgetary parameters, based on the projected macroeconomic indicators of socio-economic development of the country, tools and levers of tax policy. The priority directions of budget policy in the conditions of economic transformations are determined, in particular, to strengthen the investment and innovation budget component, to improve the structure of tax revenues, to maintain a safe level of public debt and budget deficit, to improve the quality of public debt management and to determine strategic guidelines for the structure of the debt portfolio.

Investment in the Business Sector and Subsidies in stimulating Indonesian Consumption and Economic Growth

2021 ◽  
Vol 1 (1) ◽  
pp. 27-30
Author(s):  
Saiful Rizal ◽  
◽  
Budi Sasongko
Keyword(s):  
Economic Growth ◽  
Informal Sector ◽  
Moving Average ◽  
Secondary Data ◽  
Business Sector ◽  
Medium Scale ◽  
Domestic Companies

This study aims to examine investment in the business sector and subsidies to encourage consumption and economic growth in Indonesia. This study uses secondary data from world banks and processed regression using the moving average autoregression method. We find that the dominance of investment in the business sector in Indonesia comes from foreign funds, which puts pressure on domestic companies and investors who rely on the informal sector so that increased investment puts pressure on the backbone of the Indonesian economy, namely micro, small and medium scale enterprises

Prediction and Demonstration of Coupling Development for Regional Logistics Economic Environment System

2019 ◽  
Vol 23 (2) ◽  
pp. 300-304
Author(s):  
Jinxin Yao ◽  
Man Ye ◽  
◽  
Keyword(s):  
Neural Network ◽  
Economic Growth ◽  
Bp Neural Network ◽  
Economic Environment ◽  
Structural Development ◽  
Delay Effect ◽  
Regional Logistics ◽  
Nonlinear Autoregressive Model ◽  
System Coupling ◽  
Nonlinear Autoregressive

The constitution of regional logistics economic environment system has been defined. The concepts of system coupling, coupling development and coupling development degree have been explained. Nonlinear autoregressive model of BP Neural Network is selected as the prediction model for coupling development degree. Coupling development degree of RLEES from 2003 to 2020 has been calculated and predicted by using the data of the Northeastern Region. The programming implementation is in MATLAB. The simulation result shows the logistics delay effect is 2 years. The prediction results showed that the coupling development degree of Northeast LEES is gradually improving with the improvement of economic growth and structural development.

Infrastructures of progress and dispossession

Focaal ◽  
2016 ◽  
Vol 2016 (74) ◽  
pp. 28-41 ◽  
Author(s):  
Astrid Oberborbeck Andersen
Keyword(s):  
Economic Growth ◽  
Urban Ecology ◽  
Urban Landscape ◽  
Urban Setting ◽  
Nonstate Actors ◽  
Medium Scale ◽  
Southern Peru ◽  
Historical Processes ◽  
Production Resources

This article examines what economic growth and state versions of progress have done to small and medium-scale farmers in an urban setting, in Arequipa in southern Peru. The general reorganization of production, resources, and labor in the Peruvian economy has generated a discursive move to reposition small and medium-scale farmers as backward. This article analyzes how farmers struggle to find their place within a neoliberal urban ecology where different conceptions of what constitutes progress in contemporary Peru influence the landscape. Using an analytical lens that takes material and organizational infrastructures and practices into account, and situates these in specific historical processes, the article argues that farmers within the urban landscape of Arequipa struggle to reclaim land and water, and reassert a status that they experience to be losing. Such a historical focus on material and organizational infrastructural arrangements, it is argued, can open up for understanding how local and beyond-local processes tangle in complex ways and are productive of new subjectivities; how relations are reconfigured in neoliberal landscapes of progress and dispossession. Such an approach makes evident how state and nonstate actors invest affects, interests, and desires differently within a given landscape.

scholarly journals Financing of Small and Medium Scale Enterprises and Economic Growth in Nigeria (1994-2015)

2020 ◽  
Vol 9 (6) ◽  
Author(s):  
Abolade Francis Akintola ◽  
Olusola Babatunde Oluwalaiye ◽  
Janet Arike Adegoke
Keyword(s):  
Economic Growth ◽  
Medium Scale

scholarly journals Contemporary Issues in International Economics

2021 ◽  
Keyword(s):  
Economic Growth ◽  
Business Models ◽  
New Technologies ◽  
Economic Environment ◽  
Financial Industry ◽  
Financial Innovations ◽  
Modern Economy ◽  
New Business ◽  
Economic Reality ◽  
New Business Models

The contemporary economic environment is in most segments quite different than it was even two decades ago. Globalization, development of new technologies, especial in the IT sector, financial innovations, repositioning of economic powers, and new business models are only a few of many new realities. Although all listed brought numerous new possibilities and continuous economic growth, we cannot neglect the increased risks and perils of contemporary economic reality. Uncertainty and adaptation have become a mantra in the life of entrepreneurs, governments, and institutions. Through eight chapters of this monograph, different experts, researchers and scholars try to enlight contemporary economic environment from a different perspective, either from the perspective of entrepreneur, financial industry, governments or average consumer and participant in the modern economy that was very promising only a few decades ago, but more uncertain and dangerous than ever, in the present.

Sign in / Sign up

Export Citation Format

Share Document