• Title/Summary/Keyword: Developing Nations

Search Result 243, Processing Time 0.024 seconds

Supremacy of Value-Added Tax: A Perspective from South Asian Nations

  • Md Noor Uddin, MILON;Yousuf, KAMAL;Tahmina Akter, POL
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.10 no.2
    • /
    • pp.49-60
    • /
    • 2023
  • The study attempts to examine the relationship among revenue growth factors from different angles and provides a comprehensive overview of tax revenue collection for developing countries. The impact of income tax, customs duty, and value-added tax on the gross domestic product is examined using the ordinary least-square (OLS) multiple regression approach. To confirm the association, a multiple regression model is applied to time-series data. SPSS software, MS Excel, is used to draw the empirical results, trend analysis, and some graphical presentation to reach the study's objective. The findings show that while the value-added tax has a significant impact and the highest coefficient, regardless of country, income tax and customs duty may or may not be significant depending on the circumstances. It triggers effectual and efficacious economic growth. The paper has implications in policy-making areas where governments are seeking how to stimulate revenue growth effectively and efficiently. To promote economic growth, the tax net and tax rate on luxury goods should be increased along with human resources in the tax administration for the short term. But in the long term, decentralization & digitization of tax administration, dismantling the existing tax barriers and good governance are necessary.

Imported Intermediate Goods and Economic Growth

  • Kim, Kyung-Min
    • Journal of Korea Trade
    • /
    • v.25 no.8
    • /
    • pp.25-44
    • /
    • 2021
  • Purpose - This research aims to provide empirical evidence that highlights the importance of imported intermediate goods in long-term economic growth. To this end, this paper develops an index that measures the productivity gains associated with a country's intermediate goods imports using highly disaggregated trade data. Design/methodology - The basic hypothesis is that countries sourcing higher-productivity (or higher-quality) inputs from developed economies derive a larger benefit from foreign R&D. To explore this hypothesis, standard cross-country growth regressions are performed using the highly disaggregated data from the United Nations (UN) Commodity Trade Statistics Database (COMTRADE). To address the endogeneity issue, I apply an instrumental variable (IV) approach. Findings - The results of this study demonstrate that the index predicts subsequent economic growth in middle- and low-income countries. This finding is consistent with previous studies that have argued that developing countries can achieve substantial productivity gains by importing intermediate inputs from developed countries. By contrast, there is no evidence of a significant association between the index and economic growth in high-income countries. Originality/value - This paper contributes to our understanding of the causal relationship between international trade and economic growth. From an economic policy perspective, the results suggest that developing countries with limited technology endowment can boost growth from input-tariff liberalization.

An Ocean of Opportunity: The Digitalization of Small and Medium-sized Enterprises in Bitung, Indonesia

  • LAYMAN, Chrisanty V.;HANDOKO, Liza;SIHOMBING, Sabrina O.
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.10 no.1
    • /
    • pp.41-48
    • /
    • 2023
  • Over the past ten years, numerous industries have undergone upheavals that have significantly altered how businesses interact with their clients and how goods are created and produced bySMEs. Many cutting-edge technologies have recently been created and implemented to enhance business models, facilitate sustainability features for organizations, and boost business capabilities. This essay seeks to understand how digital entrepreneurship functions in developing nations. The results of this study show the effectiveness of digital transformation in the context of SMEs is greatly influenced by aspects including the change of managerial intensity and the involvement and perception of workers, customers, and shareholders. One of the needs that business owners showcased in this study in terms of digitization is infrastructure resources to support digitization such as devices, the Internet, and funds, but also the ability to use digital media for business development. Practical skills that business people want to learn such as product design and management of their social media accounts. There are also aspects of time and self-motivation of the business actor that can speed up or slow down the digitization process. Finally, government support that is structured in encouraging MSMEs is also one of the supporters and drivers of digitalization in the blue economy.

Effectiveness of steel wire mesh as a strengthening material for masonry walls: A review

  • Richard Badonbok Lyngkhoi;Teiborlang Warjri;Wanraplang Warlarpih;Comingstarful Marthong
    • Structural Monitoring and Maintenance
    • /
    • v.10 no.2
    • /
    • pp.117-132
    • /
    • 2023
  • The most prevalent and oldest type of structure is unreinforced masonry (URM) structures; URM walls are still a widely used construction material in India and many other developing countries due to their simplicity, ease of construction, economic sustainability, and ability to be built with locally available materials. URM walls are significantly weak while carrying lateral loads. The poor performance of URM walls during earthquakes has necessitated investigating an effective method for strengthening a newly built masonry building or retrofitting an old structure. Wire mesh, being cost-effective and easily available, satisfies the requirements to strengthen new and old URM buildings. The use of wire mesh to strengthen and retrofit the URM structure is simple to use, quick to construct, and inexpensive, especially in developing nations where heavy machinery and highly qualified labour are lacking. The current paper reviews the effectiveness of steel wire mesh as a reinforcing material for enhancing masonry strength. The finding gave encouraging results for the field application of wire mesh.

Analysis of online food purchasing behavior: a study of Sri Lankan consumers

  • Piyumi Wijesinghe;Shashika D. Rathnayaka;Niranga Bandara;Jung Min Heo;Dinesh D. Jayasena
    • Korean Journal of Agricultural Science
    • /
    • v.50 no.4
    • /
    • pp.927-940
    • /
    • 2023
  • Online shopping has been undergoing significant developments in the South Asian region in the last decade. Using a representative sample of Sri Lankan consumers, this study explored online food purchasing behavior in Sri Lanka, a developing nation and island in South Asia. Data were collected from 562 respondents from all nine provinces in Sri Lanka using an online survey. Consumer attitudes were evaluated using factor analysis, and factor scores were added as explanatory variables to the final model. An ordered logistic regression model was used to examine the impact of consumer demographics, economic variables, and consumer attitudes on online food purchases. Online food purchasing intensity was categorized into four groups that suited ordinal rankings: zero for never, low for rarely, medium for occasionally, and high for regularly. Results indicated that age, income, education, and living in urban areas affect the online food purchasing behavior of Sri Lankan consumers. In addition, trust, convenience, and attitudes toward price were powerful drivers of online food purchasing. The findings have a number of significant managerial ramifications for creating strategies to promote online food purchases in developing South Asian nations like Sri Lanka. Moreover, promoting online shopping could be a potential solution for traffic congestion, ultimately helping to mitigate the negative externalities associated with it, such as carbon emissions and air pollution.

International Information Flow and Policy Issues (국제정보유통과 정책과제)

  • Kim Mee-Jean
    • Journal of the Korean Society for Library and Information Science
    • /
    • v.26
    • /
    • pp.141-165
    • /
    • 1994
  • International information transfer has increasingly been a topic of concern since the 1970s and has been discussed in numerous forums, including the OECD, the UN, Unesco, and ITU. It is made possible by the convergence of computer and telecommunications technologies which has facilitated the transfer of machine-readeable information across national boundaries with unprecedented speed and efficiency. While information flow between nations occupies an increasing percentage of the population in advanced countries, the developing countries continue to experience information disparity. Yet even with this situation, information remains a major resource and commidity in international trade and commerce. Neither its value or its threat can be ignored by any nation. Both national and international information policy should be constructed with cognizance of the social, economic, cultural, and technological aspects of information.

  • PDF

A Study on the Modular Coordination for the Smart Home (스마트 홈의 공간모듈시스템 구축에 관한 연구)

  • Kim, Nam-Suk;Park, Hee-Ryoung;Kim, Yong-Seong
    • Korean Institute of Interior Design Journal
    • /
    • v.15 no.5 s.58
    • /
    • pp.149-156
    • /
    • 2006
  • The Smart Home and the Home Networking industry have growth rate in 53.9% per year, and many nations appoint it as a nation's developing industry to research and invest. As KS, a standard composing smart instruments for smart home, maintain systematically in every year, and in other side construction standardization only in way to indicate, but never has national standard. Based on the Modular Coordination(MC) the framing standard of design drawing was examined in every year, and in same way for making the framing standard about Smart Home there need making a Modular Coordination(MC) at first. This investigation recognize the necessity about the modular that will be the base of architectural space which control the smart instruments. And aimed at indicating smart modular through the research about modular of the existing residence space and survey about the applicable smart technology.

Risk Sharing in the Commercialization Step of National R&D Project

  • Han, Kyeong-Hee;Kim, Soung-Hie
    • Journal of Korean Institute of Industrial Engineers
    • /
    • v.12 no.1
    • /
    • pp.147-155
    • /
    • 1986
  • Nations, especially developing countries, hope to license the technology developed at the expense of government Research and Development (R&D) investment to the corresponding firms for commercial exploitation. Since commercial process is owing to lots of risk, firms have to grope the possibility of forming a partnership in order to reduce the risk. Therefore, a joint venture between firms would be needed to share the risk. This methodology suggests a way that probabilistic information of commercial project payoffs can be obtained using experts in project evaluation committee and the ratio of individual firm's investment size can be derived using risk sharing concept. Also simple examples are given.

  • PDF

Technology Investigation of Polymer Insulator (Polymer Insulator의 개발 동향)

  • Kang, D.P.;Yoon, M.S.
    • Proceedings of the KIEE Conference
    • /
    • 1992.07b
    • /
    • pp.891-893
    • /
    • 1992
  • Polymers have good electrical properties as an insulation material. Though they show more and less poor resistance to heat, radiation, and oxygen, the poor properties have been overcame by developing new resin with the saturated molecular structure and compounding resin with resistive fillers. Polymer insulators have many advantages; light weight, good mechanical properties, better contaimination performance, low cost by mass productivity, no destruction in many pieces, good flexibility in design, short manufacturing time. Usage of polymer insulators has increased rapidly with good credit on long term properties in advanced nations and will continue to grow.

  • PDF

THE PAN OCEAN REMOTE SENSING CONFERENCE ASSOCIATION --- OUR GREETING TO THE FULL CONFERENCE ISRS2006PORSEC

  • Katsaros, Kristina B.
    • Proceedings of the KSRS Conference
    • /
    • v.1
    • /
    • pp.3-6
    • /
    • 2006
  • This presentation delivers the Appreciation of the The Pan Ocean Remote Sensing Conference Association for the cooperation with the Korean Society of Remote Sensing in organizing a joint conference with the International Symposium of Remote Sensing. It includes a brief history of the PORSEC Association with its mission and aims and the system of governance of the organization. Our vision for the future, is presented from this president's point of view. It includes a discussion of building expert capacity to use remote sensing techniques in developing nations by the sharing of knowledge and our ability to promote predictability of natural hazards with our workshops and science sessions. The article ends with an appreciation of our many sponsors.

  • PDF