Economic growth and crude oil revenue in Nigeria

This paper investigated how oil revenue and the activities in the oil industry affected the size of income accrue to each Nigerian (Per capita income) from 1980 to 2019. The variables were sourced from the World Bank’s World Development Indicators (WDI), OPEC Statistics, Baker Hughes Rig Count and the central bank of Nigeria statistical bulletin. Using the AutoRegressive Distributional Lag (ARDL) we observed that explorative activities of crude oil in Nigeria positively impacted the size of individual income. The magnitude of the impact was massive irrespective of time; a 1% increase in exploration increases the size of individual income by 0.4786% in the long run and 0.6030% in the short run. The interaction of rigs by output (interaction of rig-count and oil-production) negatively impacted the size of individual income. This implies that the size of individual income in Nigeria is sensitive to the nature of the explorative environment of the Nigerian oil industry.

Rethinking the Prospects of Sustainable Finance and Challenges of Agribusiness Transformation in Nigeria

The chapter explicates the need to rethink the prospects of sustainable finance (SF) for agribusiness transformation in spite of the challenges facing the sector in Nigeria. It extends to highlighting the implications of the nexus on entrepreneurship development. After a triangular data analysis using the world development indicators (2000-2016) and scholarly articles, the authors found that the prospects of SF are enormous: (1) Nigeria has a modest agricultural growth performance in the crop, food, livestock, and cereal production that could support SF; and (2) SF options such as green loans, green bonds, green credit, green investment funds, green mortgage scheme, and other green financial support instruments could be suitable for agribusiness transformation in the country. Also, the content analysis revealed there are 13 challenges facing agribusiness transformation in the country, and these have harmed the vegetation, farmland, and ocean leading to low productivity. The authors contribute to the literature by identifying SF options as a game-changer for agribusiness transformation.

Predators in Geopolitics and Europe

Transformational processes in the world are rapidly accelerating and in different versions are complexly intertwined. Deep rifts are taking place in the geopolitical space. The most acute contradictions and multidirectional tendencies of world development accumulated in the previous period continue. New points of reference have emerged in assessing the close relationship and interdependence of macroeconomic and military-political processes, which form previously unknown problem fields of world politics. Conflict confrontation between the key world centers of power, capable of creating various geopolitical configurations, where expanded opportunities for promoting their national and state interests appear. The period of intelligible, more or less ordered competitive interactions in the world seems to be coming to an end. In Western-centric geopolitical associations, the not always expected and predictable regrouping of forces and interests is taking place more frequently, fraught with serious strategic consequences. Recently in the development of the transatlantic partnership, the contradictions, problem nodes and pain points that have complicated the allied ties between the United States and the European Union have been contrasted. Disagreements in the US-EU-NATO geopolitical triangle have noticeably increased. A sign of these disagreements was the publicly announced diagnosis of "NATO brain death", which E. Macron delivered to the North Atlantic alliance in December 2019. New geopolitical dissonances have emerged in EU relations with key strategic partners.

Growth Elasticity of Poverty in Nigeria: Empirical Analysis

This study examined growth elasticity of poverty (GEP) in Nigeria, using elasticity procedure with data from the 2020 World Bank World Development Indicators and Nigerian National Bureau of Statistics (2020), covering the period 1992-2019. The findings showed 77.1% of the GEP coefficients as positive; signifying failure of economic growth to alleviate poverty in the country. It is therefore imperative for Nigeria to initiate and implement policies covering employment generation, good governance, reduction in all forms of inequalities, functional education, among others for growth to engender poverty reduction among the citizens.

The Effects of Green Financial Development on Economic Growth in Pakistan

Sustainable development is now a mantra for which every country is striving for it and green finance, and green financial development which is advancement in financial activities harmonized with environmental protection and ecological balance, is considered as the foremost solution for it. Keeping in view the importance of green financial development for the economic growth, this study aims to examine the effects of green financial development such as green credit, green securities, green insurance, green investment, and foreign direct investment on the economic growth of Pakistan. The time series has extracted from World Development Indicators (WDI) and State Bank of Pakistan (SBP) for the period 1981 to 2019. For the analysis purpose, Autoregressive distributive lag (ARDL) and Granger casualty have been executed. The findings established empirically that green financial development such as green credit, green securities, green insurance, green investment, and foreign direct investment have a positive impact on the economic growth of Pakistan. These findings provide the insight to the regulators that they should enhance their focus towards green financial development that is imperative for the economic growth of the country.

Modern Intentions in Lesia Ukrainka’s Drama Cassandra

In her drama Cassandra (1903–1907) Lesia Ukrainka pays considerable attention to language and demonstrates its two defi ning forms and functional paradigms. One of them is language that appeals to the essential components of being. It is language that refl ects human existence in all its acuity and fullness of appearance. This language is complex and diffi cult to understand, but is the only real language of the age of modernism. Another language is superfi cial, appealing not to the depths of life and universal categories, but to temporary human needs and aspirations. Its task is to identify the ways and means of achieving a desired goal. Such language is manipulative, because its speakers tend to hide their personal interests under claims of the common good. Also, in the drama, Lesia Ukrainka innovatively raises a number of questions related to the internal laws of world development, the processes of human cognition, the functioning of language, and the understanding and interpretation of the word. The formulation and presentation of these issues demonstrate the clear modern attitude that the writer professed and embodied in her drama.

POLITICAL AND LEGAL INSTITUTIONAL TRANSFORMATIONS IDEAL DETERMINATION ROLE FOR MODERN WORLD DEVELOPMENT

Произошедший в социальных науках идеационный поворот способствовал усилению внимания к идеям и повышению их роли в самых различных процессах. Несмотря на отмеченную тенденцию большинство отечественных исследователей до сих склоняются к материальным интерпретациям, отводя идеям в лучшем случае вспомогательную роль. Обращение внимания к идейной детерминации институциональных преобразований в политико-правовой сфере представляет чрезвычайную значимость по ряду причин: (1) данные институты до сих пор занимают ведущее место среди прочих установлений, предлагая надежные объяснения развития конкретных обществ; (2) интеллектуальные ресурсы в контексте современного мира обладают несомненными преимуществами перед материальными условиями, поскольку сегодня далеко не всегда ресурсное изобилие коррелирует с эволюционной траекторией развития государств; (3) идеи трансграничны и трансисторичны, а содержащиеся в них смыслы легко операционализируются и адаптируются под необходимые реалии. Настоящая статья посвящена прикладному значению идей, которые воплощаются в политико-правовых институциональных формах как решающих структурах мирового развития. Обоснована значимость идей в контексте современного мира. Показано, что критическое отношение к односторонним концепциям позволяет создавать альтернативные сценарии мирового развития. Выявлена значимость учета адаптации содержания интеллектуальных конструктов для политико-правовых институтов в их взаимосвязи с последствиями для других сфер общественной жизни. В логике авторского подхода рассмотрены примеры идейной детерминации политико-правовых институциональных преобразований с учетом ведущих мегатрендов современности. Актуализирован междисциплинарный поиск в прикладных контекстах как ведущее направление сегодняшней социальной философии. Приведены соображения по поводу поливариантности мирового развития и необходимости адаптации конфигураций передовых идей под множественные цивилизационные геномы, что позволяет исключить устаревшую дихотомию «Запад - Незапад». В заключение обобщаются основные выводы и подводятся итоги исследования. The ideational turn that has taken place in the social sciences has contributed to an increased attention to ideas and an increase in their role in a variety of processes. Despite the noted tendency, the majority of Russian researchers are still inclined towards material interpretations, assigning ideas, at best, to an auxiliary role. Paying attention to the ideological determination of institutional transformations in the political and legal sphere is of extreme importance for a number of reasons: (1) these institutions still occupy a leading place among other institutions, offering reliable explanations for the development of specific societies; (2) intellectual resources in the context of the modern world have undoubted advantages over material conditions, since today resource abundance does not always correlate with the evolutionary trajectory of development of states; (3) ideas are transboundary and transhistorical, and the meanings contained in them are easily operationalized and adapted to the necessary realities. This article is devoted to the applied meaning of ideas that are embodied in political and legal institutional forms as decisive structures of world development. The significance of ideas in the context of the modern world has been substantiated. It is shown that a critical attitude to one-sided concepts allows one to create alternative scenarios of world development. Revealed the importance of taking into account the adaptation of the content of intellectual constructs for political and legal institutions in their relationship with the consequences for other spheres of public life. In the logic of the author's approach, examples of ideological determination of political and legal institutional transformations are considered, taking into account the leading megatrends of our time. The interdisciplinary search in applied contexts as the leading direction of today's social philosophy has been updated. Considerations are given about the polyvariety of world development and the need to adapt the configurations of advanced ideas for multiple civilizational genomes, which makes it possible to exclude the outdated dichotomy «West-Non-West». In conclusion, the main findings are summarized and the results of the study are summed up.

Uncertainty in World Politics: New “Normality” or New “Abnormality”

In the conditions of turbulent transformations of the world order, life itself, with its contradictions, difficulties and surprises, extremely actualizes the problems associated with unforeseen risks and challenges to world development. The coronavirus pandemic has created a new “normality” or, more precisely, a new “abnormality” in which countries find themselves regardless of their geopolitical status and place in the international hierarchy. The global coronavirus crisis has exacerbated the already growing uncertainty in global political processes. Uncertainty and the associated strategic instability is a breeding ground for preserving acutely problematic nodes of global politics and delaying the search for constructive solutions that bring them closer to a mutually acceptable model of the coming world order. The phenomenon of apolarity is becoming more and more complicated and has been linked in recent years with the growing weight and influence of new geopolitical players and centers of power — China, India, Latin America states. The international positions of Russia have significantly strengthened, which has acquired a full-fledged role in global politics. In the context of the current geopolitical confrontations and competitive rivalry, the experience of understanding uncertainty in the scientific and expert communities of Russia acquires special practical and political significance.

Therapeutic potential of naturally occurring benzofuran derivatives and hybrids of benzofurans with other pharmacophores as antibacterial agents

: Gram-positive and Gram-negative pathogens are able to evade the host immune system, persist within the human host, and lead to severe disease and even death. At present, bacterial infections are one of the leading causes of morbidity and mortality across the world. Development of novel antibacterial agents still represents a challenging endeavor, which is mainly attributed to the continuous emergence of more virulent and drug-resistant pathogens. Benzofuran constitutes the core of diverse pharmacologically active compounds, and there are a variety of approved benzofuran-based drugs in the market or currently going through different clinical phases or registration statuses. Benzofurans could exert antibacterial activity through various mechanisms and possess pronounced activity, so benzofuran is a useful skeleton for the discovery of novel antibacterial agents. This review focuses on the recent advancement of naturally occurring benzofuran derivatives and hybrids of benzofurans with other pharmacophores as antibacterial agents, covering articles published between January 2015 and July 2021. The chemical structures and structure-activity relationships are also discussed.

University graduate career potential in digital transformation period

The student personal and professional development becomes even more meaningful and, based on the peculiarities of the world development in general, becomes one of the most important tasks of modern higher education, the main goal and direction of which is based on humanistic-personal orientation. Building a career is one of the main concerns not only for working professionals, but also for potential employees, including graduates who are on the cusp of entering professional life. The article aims to identify the characteristics of the career potential of university graduates. A questionnaire method was used as a research method allowing effective identifying of the perceptions’ characteristics about a graduate's career potential. The article identifies student opportunities for self-actualization and self-realization in the professional environment in a time of digital transformation of various spheres of life. The authors of the experiment revealed that graduates who showed high levels of readiness for career development have a more formed idea of the desires associated with the development of their career potential, the goals of their activities, and aspire, seek new things, constantly are engaged in self-development.