{"title":"Corruption and Development - Why Does Corruption Still Affect Growth?","authors":"Maxime Delabarre","doi":"10.2139/ssrn.3768790","DOIUrl":"https://doi.org/10.2139/ssrn.3768790","url":null,"abstract":"This paper investigates the relationship between corruption and development. By a study of the determinants of the phenomenon as well as its implications on growth, this paper address the corruption challenge faced by governments and policymakers. Based on the theoretical framework of the political economy of development, I argue that even though the causality is not entirely clear, it is however without debate to say that development is necessarily linked with anti-corruption initiatives. If some counterexamples still exist, it is remarkable to see that the vast majority of developed countries did fight corruption at some point. Still, the path to fight corruption is blurry. It is unlikely for a developing country to get rid of the phenomenon on its own, without external help. Finally, according to the classical studies on the quality of institutions, this paper concludes that a strong rule of law and government effectiveness are among the key factors able to fight a corrupt system.<br>","PeriodicalId":336186,"journal":{"name":"SRPN: Developing World (Topic)","volume":"244 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114786586","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Corporate Social Responsibility Reporting: A Study in Context to India","authors":"Ms. Tanushree Sodhani, A. Munjal","doi":"10.34218/ijm.11.1.2020.004","DOIUrl":"https://doi.org/10.34218/ijm.11.1.2020.004","url":null,"abstract":"The present study aims to focus on issues related to conducting confirmative factor analysis with selected qualitative variables of CSR reports. The target population is the services/manufacturing units of selected Indian companies. (n=310) from Maharashtra, Madhya Pradesh, Karnataka and Gujarat This study is conducted during FY2017-18 by obtaining necessary data from Government websites and other useful links. The variables that are determined for conducting factor analysis are based on sustainable report quality indicators. Factor analysis is conducted by using IBMSPSS.25 as a statistical tool. The analyzed data reflects on five hidden factors for the assessment criteria of Corporate Social Responsibility reports.","PeriodicalId":336186,"journal":{"name":"SRPN: Developing World (Topic)","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121652819","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Policy Advocacy for Private Sector Development","authors":"M. Abdin","doi":"10.2139/ssrn.3520349","DOIUrl":"https://doi.org/10.2139/ssrn.3520349","url":null,"abstract":"Bangladesh is going to be graduated from the LDC category in 2024. It is transforming from agriculture dependent into industrialized economy. Per capita GDP of Bangladesh rose to USD 1909 in last fiscal year. Bangladesh achieved the Millennium Development Goals (MDGs) remarkably. Now, Bangladesh prepared itself and started hard working to achieve the Sustainable Development Goals (SDGs). All of the previous achievements were results of both the private sector’s hard work and government’s policy supports. Similar joint effort (private & public) is required to achieve SDGs by 2030 and Vision 2041 as projected. The existing level of private-public integration may not be enough to achieve future projected targets, because till now importance of private sector development is not highlighted by the bureaucrats at different level of policy making. A large segment of bureaucrats don’t have proper knowledge about the importance of private sector in economic development of Bangladesh. Contribution of private sector is not duly recognized by the government bodies. As a result, private sector institutions are completely absent in the warrant of precedence till now.","PeriodicalId":336186,"journal":{"name":"SRPN: Developing World (Topic)","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-01-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127919448","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Mandatory Information Disclosure and Stock Price Crash Risk: Evidence from Private Firm-Visits in China","authors":"Yuqin Huang, Timothy (Jun) Lu, Qiaoqiao Zhu","doi":"10.2139/ssrn.3492331","DOIUrl":"https://doi.org/10.2139/ssrn.3492331","url":null,"abstract":"This paper studies the effect of mandatory information disclosure on stock price crash risk using data on listed firms’ private in-house meetings in the Chinese stock market. Utilizing the regulation implemented by the Shenzhen Stock Exchange in 2012, we use a difference-in-difference approach and find that the treated group exhibits significantly lower crash risk comparing to the control group listed on the Shanghai Stock Exchange, following the regulation. This finding suggests that improving transparency may reduce crash risk, and have implications to both academic and policymakers.","PeriodicalId":336186,"journal":{"name":"SRPN: Developing World (Topic)","volume":"171 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122990121","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Green Bonds as a Tool for Sustainable Development on Emerging Markets","authors":"E. Kiseleva","doi":"10.2139/ssrn.3677681","DOIUrl":"https://doi.org/10.2139/ssrn.3677681","url":null,"abstract":"The primary goal of the paper is to determine the impact of new investment tools on the development of global markets. In this regard, environmental finance is a new and powerful means of stimulating economic growth in emerging financial markets. Environmental finance offer more than just access to capital. They can be a valuable tool for issuers to communicate their priorities to investors. Bonds can send important signals to the market about sustainability strategies; demonstrate proactive risk management, and long-term thinking, while offering a financing and communications tool that is tied to measurable results. The study was carried out by Environmental Finance's database. Based on the empirical data, the results on volumes, countries, exchanges, currencies and other indicators, which characterize the development of green bonds, were presented in study. The study used methods of comparison and grouping method, as well as common-size analysis. This paper makes these contributions: 1) presents the impact of environmental finance on the economic indicators of some countries; 2) provides, that significant growth of investments in environmental finance is associated with legislative initiatives of the leading countries in the global financial market; 3) estimates the advantages of green bonds and lists the lost benefits for the Russian economy; 4) presents, that a significant increase in investments in green bonds is related with the legislative initiative in the country.","PeriodicalId":336186,"journal":{"name":"SRPN: Developing World (Topic)","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114288299","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"CRC Approach Towards Trade War Resolution","authors":"T. Das","doi":"10.2139/ssrn.3481091","DOIUrl":"https://doi.org/10.2139/ssrn.3481091","url":null,"abstract":"The on-going trade conflict between US and China, called the trade war, is a burning issue of the day. One major factor of trade war is protectionism. Apart from protectionism there are other reasons for trade war which had nothing to do with trade. Sometimes trade is used as a weapon to punish other countries on issues not related to trade. On-going Japan and South Korea trade war is such an example. Trade war is nothing new. World experienced many trade conflicts in past. But the risk of non-resolvable trade conflict is that it might trigger military warfare if it is not resolved before it intensifies further. In this context, CRC model has been applied to study possibility and impossibility of resolution of trade conflict. The model predicts the risk of turning the trade conflict to violent war if not involved countries change own policies, especially, China.","PeriodicalId":336186,"journal":{"name":"SRPN: Developing World (Topic)","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134563896","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Financialization of Rice in Vietnam: Lessons from the Coffee Market","authors":"Sulian Lizé","doi":"10.2139/ssrn.3458439","DOIUrl":"https://doi.org/10.2139/ssrn.3458439","url":null,"abstract":"While rice trading gave birth to derivative finance in 17th century Japan, the rice market is globally unfinancialized and seems to stand as an anomaly within commodity trade. The Vietnamese industry is not an exception within the world rice market; it is presently deprived of derivative trading. Coffee, another major Vietnamese agricultural industry developed within a financialized framework, with the existence of Over-The-Counter (OTC) contracts traded locally, governmental attempts to set up local futures contracts and international futures markets in London and New York. In this context, I review the lessons that the Vietnamese rice industry can draw from its coffee industry counterpart regarding the prospect of financialization. I find that while the failures of the financialization process in coffee are likely to be repeated in rice, its successes will be more difficult to replicate.","PeriodicalId":336186,"journal":{"name":"SRPN: Developing World (Topic)","volume":"57 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-09-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130416474","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Towards Sustainable Water Supply: Enhancing Project Accountability Practices in Water Supply Projects Within Nairobi City County’s Informal Settlement Areas","authors":"Wanjiru R. Gichohi, Paul K Sang, G. Kosimbei","doi":"10.31014/AIOR.1992.02.03.115","DOIUrl":"https://doi.org/10.31014/AIOR.1992.02.03.115","url":null,"abstract":"Sustainability of water supply has over the years become a key concern for the global community due to water stress and scarcity attributable to climate change and other anthropogenic factors. This is especially crucial for urban areas where increased rural-urban migration has brought population increases, thus raising the demand for basic services and infrastructure. The concerted efforts of water sector stakeholders have seen to, among other strategies, the implementation of water supply projects in affected areas. In Kenya, however, the statistics show that these water supply projects have reported high failure rates with the existing systems failing to operate at full capacity. The study sought to investigate the effect on the effect of accountability on the sustainability of water supply projects in Nairobi City County's informal settlement areas. A sample of 260 project leaders of water supply projects was considered in this study. Data was collected using structured questionnaires, and both descriptive and inferential data analysis was conducted. The findings revealed that accountability has a positive and statistically significant effect on sustainability and that strengthening accountability practices such as monitoring and evaluation, managerial evaluation, and transparency would bolster project sustainability.","PeriodicalId":336186,"journal":{"name":"SRPN: Developing World (Topic)","volume":"210 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122639020","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Syed Alamdar Ali Shah, R. Sukmana, Bayu Arie Fianto
{"title":"Book Review: Water Management in Islam","authors":"Syed Alamdar Ali Shah, R. Sukmana, Bayu Arie Fianto","doi":"10.2139/ssrn.3449969","DOIUrl":"https://doi.org/10.2139/ssrn.3449969","url":null,"abstract":"The objective of this manuscript is to present a book review of “Water Management in Islam” published by United Nations University Press, International Development Research Centre. The Book was published in the year 2001 when shariah compliance perspective was in its infancy. However, with the rapid growth of shariah compliance in almost every sector of the economy it is very important to review the recommendations of leading scholars in the area of water management as well. The book is the product of findings from a workshop on water management in Islamic world held in Jordan 1998 with the focus to contribute in local and international policies that improve quality and accessibility of water in MENA region. The contributions are towards water demand management, fair water reuse and fair pricing of water. Most valuable contribution of the book is reconciliation between Dublin principles and Islamic principles.","PeriodicalId":336186,"journal":{"name":"SRPN: Developing World (Topic)","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125430326","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Natural Disasters on Migration Within Emerging Economies","authors":"Ariel R Belasen","doi":"10.2139/ssrn.3369710","DOIUrl":"https://doi.org/10.2139/ssrn.3369710","url":null,"abstract":"Natural disasters have been shown to have a significant impact on migration, particularly among individuals who have the resources to move and the human capital potential to succeed after the move. This study expands on prior research by examining the impact of disasters on net-migration into high-growth emerging economies. After controlling for a series of macroeconomic factors, the findings show that the frequency of disasters more so than any other impact measure can influence migration decisions.","PeriodicalId":336186,"journal":{"name":"SRPN: Developing World (Topic)","volume":"150 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-04-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123238039","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}