Breaking the Resource Curse: The Role of Natural Resource Funds

Studies have shown that the paradox of “the more resource-rich the poorer” otherwise known as “resource curse” has been prevalent in many countries endowed with natural resources. To mitigate this trend, a revenue management strategy called Natural Resource Funds (NRFs) - a government owned special-purpose vehicle to ensure effective management of the country’s natural wealth was embraced in some nations. This paper critically reviewed the roles of NRFs in breaking the resource curse. The Systematic Quantitative Assessment Technique (SQAT) was adopted in identifying and reviewing sixty-seven (67) peer reviewed journal articles that had researched on NRFs in the last decade. The findings were that NRFs have played an effective role in some advanced countries (Chile and China), while they have failed, especially in Africa, Middle East and Latin America due to poor institutional framework and governance. A globally set code of resource governance was recommended to strengthen the role of NRFs and enhance their effectiveness. Resource revenue maximization other than revenue utilization would be a good area for future research.

Waste Management: Descriptive Study in Nglurah Village, Karanganyar Regency

The purpose of this study is to describe the work system and the concept of waste management in Nglurah Village, Tawangmangu, Karanganyar, Indonesia. The study also sought to find out the reasons underlying the formation of the Wagu Budoyo waste management group established by the community. This study is a qualitative study with a descriptive approach. Data collection is done by conducting interviews and observations. The results of this study provide a description of the establishment, work system and direction of development of the Wagu Budoyo waste management group, Nglurah Village, Tawangmang, Karanganyar Regency. It was found that there was a central role in art studios with central figures who could initiate various activities including community-based waste management. Keyword: Waste Bank, Waste Management JEL Classifications: O13, R11

Traffic Management Of Air Transportation On Noise Control In The Area Around Juanda Airport

This study aims to determine (1) the level of noise in the area around Juanda Airport, (2) the perception of the community in the area around Juanda Airport about the comfort of life with noise, and (3) public perception of the discourse on implementing environmental management in the area around Juanda airport. The locations in this study are on Jalan Raya Sedati Gede (A1) and Jalan H. Abdul Rahman Sedati Gede (A2). The data collection technique used is the measurement technique with the help of a sound level meter for noise data collection, while the public perception data collection uses a questionnaire technique. The analysis technique used for public perception data is to use descriptive statistical tests. The results showed that (1) the measurement results in residential areas were in accordance with the Noise Level Quality Standard Decree of the Minister of Environment, Kep 48 / MENLH / 11/1996. November 25, 1996, for the locations of Jalan Raya Sedati Gede (A1) 77.48 dBA, and Jalan H. Abdul Rahman Sedati Gede (A2) 67.43 Dba above the noise quality standard threshold for settlements of 55 dBA. (2) The majority of the people around Juanda Airport agree that flight activities at Juanda airport cause noise that cause discomfort, rest, and cause stress. (3) The community in the area around Juanda Airport agreed to the need for environmental management as an effort to control noise.

Abraham Maslow's Hierarchical Need Fulfillment and Herzberg's Two-Factor Theory for Creating Worker Loyalty

This research was conducted in an attempt to identify and analyze the role and influence of two universally applicable theories in the life of an employee when working in a company. The research subjects are employees who work at the bank. The data collection model is carried out primarily using a questionnaire to explore their perceptions in creating and or maintaining a sense of loyalty in their workplace. To prove this, the researchers chose a bank that has been around for a long time, where there are 25 employees. We want to know whether Maslow and Herzberg's theory of motivation remains universally applicable in their work environment. This research is an associative study using the primary data base, this data from interviews and filling out questionnaires from the bank employees. Measurement of data using ordinal data with a Likert scale approach. From the results of filling out the questionnaire, the percentage results obtained that 71.4% of them tend to agree on the existence of their existence and fulfill their needs hierarchically. Through associative analysis, it can be obtained that the physiological results are 49.1% well fulfilled, sense of security is 47.4% fulfilled, social 43.8% is fulfilled, self-esteem 72.5% is fulfilled, and self actualization is 49.1% also fulfilled in the bank, this condition is enough to make their employees loyal in contributing energy, time and thoughts. Overall 93.7% of Maslow's hierarchical needs and Herzberg's maintenance are able to create a sense of employee loyalty to the workplace. The fulfillment of 72.5% hierarchical needs is dominated by the fulfillment of self-esteem, then in terms of maintenance theory, Herzberg is dominated by self-esteem and self-actualization

How effective have measures by Central Banks been in mitigating the impact of financial crisis

During the global financial crisis, central banks around the globe implemented a series of unconventional monetary policy measures such as quantitative easing among others to avert the impact of financial crisis on financial system. There exist numerous studies on this area of interest, with each guided by a specific view of the problem and selectively chosen empirical observations with regard to the different developments. This paper reviewed literature to ascertain the effectiveness of conventional monetary policy measures and unconventional monetary measures used in mitigating the impact of the 2007/2008 global financial crisis, specifically by the major central banks including the Federal Reserve, European Central Bank and Bank of England. The study used systematic quantitative assessment technique (SQAT) to determine a high quality of papers that have been reviewed in the study. The result proved that conventional monetary policy measures are still potent to deliver their desired objectives but inadequate in times of acute crisis. Empirical evidences proved that central banks have not practically abandoned the core elements of their pre-crisis monetary policy. Through a complex form of strengthening and reassessment, they have instead complimented, extended and somewhat improved their measures to mitigate the impact of the financial crisis. An important lesson of the crisis is that there is opportunity to reinforce central banks with macro prudential supervision and regulation. This should be seen as complementary to the existing monetary policy measure in order to deliver the twin objectives of price and financial stability.

Project Risk Mitigation and Project Execution in the Nigeria Oil And Gas Industry

The focus of this study is to examine the relationship between project risk mitigation and project execution in the Nigeria oil and gas industry. Specifically, the study examines the extent of contribution of project risk mitigation in realising project budget, quality, schedule and scope during execution. In pursuant of these objectives, survey research design was used. 102 questionnaires were administered to the Managing Directors or Chief Operating Officers and project or operations managers of the selected companies. Eighty two questionnaires were validly retrieved and used for data analysis. Data obtained were analysed mean and Spearman’s rank order correlation analysis. The study found that projects risk mitigation was significantly and positively related to project execution in terms of budget, quality, schedule and scope. The study therefore recommends that there should be a holistic integration and constant improvement of project risk mitigation strategies which will help improve the quality of projects executed in the Nigerian oil and gas industry.

Pedestrian User Satisfaction Analysis

the role played by pedestrian is noticeably becoming more important as part of transportation infrastructure. The number of pedestrian user increases especially in the big cities’ business district. Therefore, this study was constructed to study the pedestrian users’ satisfaction to the side walk facility. The study was conducted in the city of Surabaya, the Indonesian second biggest city. The study aimed the pedestrian users in some of the busiest districts in central of Surabaya. On the other hand, there have been many policies made by the Surabaya government to improve the pedestrian performance especially the side walk facility, such as making the pedestrian to be more colorful and attractive. The study used qualitative method and Importance Performance Analysis (IPA). There are twenty variables used as addressed objects to measure pedestrian users’ satisfaction level, which are civil service police, greening, parking space, bus stop, parking meter, intercept area, main hole, public sitting, bollard, pedestrian floor motif, disability facility, hand wash facility, portable toilet, direction map, street vendors, drinking water facility, pedestrian decoration and trash bin. The result shows that there are only two variables preforms above their importance level. The average of importance level is 4,021 while the average of performance level is 3,743. There is -0,278 gaps which indicates that the pedestrian performance is under the pedestrian users expectation. Moreover, based on the IPA, there is no one of the variables place in the first quadrant (high leverage, attributes to improve), while there are seven variables place in the second quadrant (attributes to maintain). There are eight variables performing as in the third quadrant (low priority) and lastly there are five variables perform as in the fourth quadrant (low leverage, attributes to de-emphasize).

ANALYSIS RELATED TO THE APPLICATION OF E-BILLING PAYMENT METHOD AND MANUFACTURE AS CONCERNED TAX DEPOSIT (SSP) MANUAL TOWARDS THE UNDERSTANDING OF TAX MANDATORY

Tax is the biggest source of APBN income in Indonesia. Various payment applications use the e-billing method or manually. A guide for learn about the effect of applying the e-billing payment method and tax payment slip (SSP) to the understanding of taxpayers. This research is quantitative research. Data collection techniques by giving questionnaires to consumers, conduct observations, interviews, and study relevant literature. The sampling technique uses probability sampling so that a sample of 70 from PT. Kartini Patent. The results showed that there was no significant effect between the e-billing payment methods on the understanding of taxpayers, while the positive and significant effect was shown on the method of manual payment of tax payments (SSP) on mandatory understanding. Based on the results of correlation analysis, this study obtained a value of 0.119 or 11.9% which means it has a very low relationship between the independent and dependent variables.

STRONG TEST PRESSURE CONCRETE USE OF ASBEST WASTE

Concrete is a significant and most dominant material used in building structures. Concrete consists of a mixture of cement, aggregate, water, and added ingredients. Concrete said material has an essential role in making concrete because it can change the real properties to suit the needs. Li, asbestos is a concrete-added material that can reduce the use of cement and produce concrete with absolute consistency. The purpose of this study was to determine how the effect of adding asbestos waste to cement. The method used is an experimental method based on previous research. The specimen used was cylindrical with a diameter of 15 cm and a height of 30 cm. The percentage variation of asbestos waste addition is 0%, 50%, and 100% of the weight of cement used. Typical concrete test results obtained an average value of 22.08 MPa, a 50% percentage produces an average compressive strength of 21.32 MPa, and a portion of 100% provides a compressive strength of 22.93 MPa. Then the results of the then actual strength test have increased in the percentage of asbestos waste 100%.

The Analysis of Unsignalized Intersection Road Performance at Manukan Wetan Surabaya City

Surabaya is the capital of the province of East Java and is the second largest city in Indonesia after Jakarta. As a city that will continue to develop, the mobility of the people is getting higher, as well as the progress of the current means of transportation which is increasing, causing traffic problems, one of which occurs at intersections. One of the intersections that will be reviewed is the Raya Manukan intersection. This study uses the MKJI 1997 guideline, with primary data collection by means of traffic conditions survey and secondary collection, namely data on the number of vehicle growth from the Department of Population and Civil Registry of Surabaya City. This study aims to determine the performance of the unsigned intersection at the Raya Manukan intersection. With this research data, as well as from the results of traffic analysis at the Raya Manukan intersection with the boundary from the Amd Street Intersection to the Buntaran Street Intersection. From the calculation results, it is obtained that the intersection capacity is 3750.9 pcu / hour, with a degree of saturation value of 0.8254. From the results of the analysis, the calculations that have been carried out have not been able to reach the desired degree of saturation value, which is as suggested by MKJI 1997.Therefore then an alternative is made with road widening engineering and produces a saturation degree value of 0.7493, so that the road widening on Raya Manukan Kulon is the best alternative in solving the capacity problem of Intersection Manukan.