{"title":"Les « révolutions » dans la théorie du développement : éléments de synthèse","authors":"Driss El Ghoufi","doi":"10.9790/5933-1104076579","DOIUrl":"https://doi.org/10.9790/5933-1104076579","url":null,"abstract":"Trois ensembles de travaux dominent aujourd'hui la conception que l'on se fait de l'evolution de la theorie du developpement : la nouvelle economie institutionnelle (ou New Institutional Economics), la perspective du developpement humain et les approches environnementale et territoriale. Ils semblent partager la conception de la science selon laquelle celle-ci se developperait de facon continue par ajouts successifs de fragments qui ne remettraient pas en cause les postulats memes de la science economique ; au contraire, ils representent la discontinuite entre la perspective des neo-classiques et celle des promoteurs des dimensions environnementale et territoriale. Il s'agit donc pour nous de fournir des elements de comprehension de cette mosaique ; elements de comprehension seulement car, nous le verrons, aucune approche n'est parvenue a expliquer le surgissement d'une nouvelle theorie. Mots cles : Nouvelle economie institutionnelle, developpement humain, developpement territorial durable. Classification","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121829701","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":"Financial Inclusion as an Effective Policy Tool of Poverty Alleviation: A Case of Ekiti State","authors":"Sanya Ogunsakin, Fawehinmi Festus Olumide","doi":"10.9790/5933-0804020110","DOIUrl":"https://doi.org/10.9790/5933-0804020110","url":null,"abstract":"This study examined the financial inclusion as an effective policy tool of poverty alleviation in Ekiti state from 1980 and 2015. Random sampling technique was employed to sample 180 adult households across the three senatorial districts of the state. The data used for the study were obtained with the use of well structured questionnaires. Descriptive statistics and multinomial logit were used to empirically analyze the results. Findings from the study revealed that -poverty rate was higher among women. Women accounted for about 58% of the poor while men accounted for 42%. The study discovered that the numbers of commercial banks across the three senatorial districts of the state were extremely low. The available ones were only concentrated in state Headquarters, (Ado-Ekiti). The study equally found that the size of financially excluded population Ekiti state was high (45%). That shows that financially included population in Ekiti state was basically among civil servants and few business men during the study period. The study found that the following factors were major determinants of poverty and financial inclusion in Ekiti State during the study period. The factors are; employment, marital status, educational level, religion, financial discipline, use of banks products and services, distance, household size, access to political contract, gender, income level and age. Based on these findings, it is recommended that more commercial bank branches and cash centres should be opened across the three senatorial districts of the state. More bank products and services should be introduced such as grants, overdraft and special funds that can easily be accessible by customers.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"67 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114908739","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":"Analysis of Abnormal Return, Trading Volume, And Bid-Ask Spread At the Period of Stock Split Announcement","authors":"Dianingsih Putri Utami, Nadia Asandimitra","doi":"10.9790/5933-0804018393","DOIUrl":"https://doi.org/10.9790/5933-0804018393","url":null,"abstract":"This study aims to determine the market reaction to the announcement of stock split at the company’s listing on the Indonesia Stock Exchange period 2015. The market reaction is indicated by the presence or absence of difference of abnormal return, trading volume, and the bid-ask spread before, during, and after the announcement of a stock split. Type of this research is an event study. The research sample as many as 8 companies based on purposive sampling. Tests conducted by a period of 7 days before and 7 days after the announcement of a stock split. This research data analysis techniques using paired sample t-test and Wilcoxon signed ranks test. The result show that there are differences of abnormal return in the period before-at the moment and at the moment-after stock split. There is no difference of abnormal return in the period before-after stock split. There is no difference of trading volume in the period before-at the moment and before-after stock split. There are differences of trading volume in the period at the moment-after stock split. There is no difference of bid-ask spread in the priode before-at the time, at the time-after, and before-after stock split.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128509184","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":"Impact of Treasury Single Account on the Performance of the Banking Sector in Nigeria","authors":"C. NdubuakuVictor, O. O.K., M. N. Nsimoh","doi":"10.9790/5933-0804010815","DOIUrl":"https://doi.org/10.9790/5933-0804010815","url":null,"abstract":"Treasury Single Account (TSA) was introduced to curb corruption in the country’s public accounting system with its attendant impact on the banking sector. This research study aims to determine the impact of TSA on the performance of the banking system in Nigeria. This research study sought to determine the impact of TSA on Credit to the Private Sector, Deposit mobilization and Loans and Advances respectively. Secondary and time series data were obtained from the CBN statistical bulletin 2015. The data were analysed using regression and correlation analysis. The results from the research analysis confirmed that the TSA had a significant impact on Credit to the Private Sector, Deposit Mobilization and Loans and Advances.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126910759","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 Paradoxes of Macroeconomic Policies in Development Countries: The Case of Morocco","authors":"Badr Machraf","doi":"10.9790/5933-0804014755","DOIUrl":"https://doi.org/10.9790/5933-0804014755","url":null,"abstract":"Morocco has embarked on a process of formulating and implementing priority reforms aimed at improving the country's socio-economic environment. In this sense, it has put in place several strategies to promote economic activity and integrate its economy into the global economy. Consequently, the development and strengthening of the private sector has taken a major place on the basis of its role in the socio-economic development of the country. The promotion of investment and the encouragement of the private sector require not only the political commitment of the State but also the intervention of the main economic actors and a favorable socio-cultural environment. The purpose of this paper is therefore to explore recent developments in the Moroccan economy. To this end, we shall return to the major benchmarks of economic reforms espoused by Morocco. Later, we will deal with the Moroccan context by analyzing possible relationships that may exist between some macroeconomic indicators.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131884930","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":"Trailing Appropriate Sustainable Development in Yasawa- Fiji Islands","authors":"Shobna Sabnam Hassan, K. Gowda","doi":"10.9790/5933-0804021115","DOIUrl":"https://doi.org/10.9790/5933-0804021115","url":null,"abstract":"This paper primarily studies the difference between development and sustainability prospects involving the people of Yasawa Island with initiatives of appropriate natural resource management. To achieve sustainability we seek to empower people to take decisions involving social, economic and environmental aspirations with a consistent and holistic approach. Sustainable development practices should be pursued in all facets of development activities. Today the environment is threatened by the impact of development activities coupled with increased population growth and land use activities. Emphasis should be self-determined and development integrated that enrich people while safeguarding the authenticity of environment for the population today and tomorrow. The objective of the paper is proper land use and management of resources integrated with holistic development prospects combined with participatory decision making. A need has emerged for more sustainable planning, policies, and programs that consider proper resource management as well as the needs of the local communities. Data mostly qualitative has been collected by means of literature review for this paper. The outcome of the study is to benefit the village people today and generations of tomorrow with better resource management addressing the threats to the resources. Success should not be solely measured in financial or economic terms, rather have a balance between traditional and business obligations.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125257365","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":"An Empirical Study on the Interdependence among Stock Market, Commodities Market and Foreign Exchange Market","authors":"P. S. Ram","doi":"10.9790/5933-0804010107","DOIUrl":"https://doi.org/10.9790/5933-0804010107","url":null,"abstract":"","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130793643","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}
Gerrit M. Pentury, Stellamaris Metekohy, P. Picauly
{"title":"Community-Based Economics Empowerment and Development in Maluku Province","authors":"Gerrit M. Pentury, Stellamaris Metekohy, P. Picauly","doi":"10.9790/5933-0804013340","DOIUrl":"https://doi.org/10.9790/5933-0804013340","url":null,"abstract":"","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"186 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129854185","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 Dividend Policy on Stock Price: A Study of Fuel, Power and Cement Industry in Bangladesh","authors":"Md. Bellal Hossain Raju, A. Asaduzzaman","doi":"10.9790/5933-0803048491","DOIUrl":"https://doi.org/10.9790/5933-0803048491","url":null,"abstract":"Commercial organizations in Bangladesh are experiencing rivalry among themselves because of economic struggle globally and attempting to remain competitive in these changeable economic surroundings. This paper intends to analyze the impact of dividend policy on the market price of stock in Bangladesh. The numbers of statistic community are 330 companies in Dhaka Stock Exchange. All 24 companies belong to Fuel, Power and Cement industry listed at DSEX index are included as the sample for a phase from 2000 to 2016. In this paper, Fixed Effect Model along with Random Effect Model have been used to estimate outcomes. Both Models are exercised on panel data for explaining the association between dividend payments and share prices after adjusting several variables including Earnings per Share, logarithm value of Profit after Tax, Growth of Asset and Dividend Payout Ratio. The study also checked both the Models and found Random Effect Model is more significant than Fixed Effect Model. Afterward, this paper applied the multicollinearity test to determine is there any correlation among the variables and found no multicollinearity. This paper found a weak form market exists in Bangladesh and investors choose stock dividend more than the cash dividend.","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115278116","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 Challenges of Inclusive Growth in Sub-Saharan Africa: A Comparative Analysis of Angola and Nigeria","authors":"S. Igbatayo, B. Afolabi, Phd, O. Babalola","doi":"10.9790/5933-0804017282","DOIUrl":"https://doi.org/10.9790/5933-0804017282","url":null,"abstract":"Since the turn of the Century, African economies have undergone considerable transformation, with consistent and robust growth, in sharp contrast to decades of slow or even negative growth, which characterized the 1970s into the 1990s. While the region’s economies slowed down from an average of 5.6% during the period 2002-2008 to 2.2% in 2009, in the wake of the global financial crisis; Africa promptly recovered, with an average growth rate of 4.6% in 2010 and 6.2% in 2012, as well as 4.0 and 4.3% for 2013 and 2014, respectively. In Sub-Saharan Africa, economic growth is even more robust, averaging about 6% over the past decade. This development has made the region to be acknowledged with the second highest economic growth in the world in recent times. However, contemporary economic growth in Sub-Saharan Africa is largely unaccompanied by employment generation or increased livelihood opportunities. Consequently, poverty levels across the region remain relatively high, at 48% of the population. The challenges posed by lack of inclusive growth are particularly evident in Angola and Nigeria, countries that feature economies driven by the petroleum industry. Therefore, the major objective of this paper is to shed light on the challenges associated with lack of inclusive growth in Sub-Saharan Africa. The paper employs empirical data to analyze Angola and Nigeria case studies, which reveal both countries as resource-rich economies featuring relatively high economic profiles, devoid of widespread employment opportunities, with grave consequences for endemic poverty. Consequently, the paper presents a policy framework, grounded in poverty reduction strategies, enterprise development and capacity building aimed at promoting broad-based economic growth as the cornerstone of African economies. -------------------------------------------------------------------------------------------------------------------------------------Date of Submission: 14 -07-2017 Date of acceptance: 15-07-2017 --------------------------------------------------------------------------------------------------------------------------------------","PeriodicalId":387621,"journal":{"name":"IOSR Journal of Economics and Finance","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124773993","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}