• Title/Summary/Keyword: Socio-Economy

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Problems Related to Construction and Building Materials in Libya

  • Salah, Abuzaid;Bloomer, Steve
    • Journal of Construction Engineering and Project Management
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    • v.4 no.4
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    • pp.1-8
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    • 2014
  • The broad aim of this paper is to provide a detailed understanding of the post-war problems associated with materials for reconstruction in Libya, and to identify key problems and obstructions. Theoretical and empirical studies are being conducted in Libya. The theoretical study focuses on materials for construction and the key issues such as sources, transport and storage of materials, as well as their impact on the national economy, the nation's socio-economic development and the environment. This empirical study employed questionnaires, observations and a series of interviews with researchers, academics, suppliers and manufacturers, supported by the researcher's three decades of experience of working in the construction industry and its associated processes and operations. The empirical study illustrated that materials for post-disaster reconstruction in Libya suffer from external problems related to policies and decision-making in terms of availability of materials, fluctuation of prices of materials, specifications, building codes, legislation and regulations, and internal problems related to the construction and building material's key players: construction companies, consultancy firms, manufacturers and suppliers.

The Relationship between Foreign Capital Inflows and Economic Growth: Empirical Evidence from Vietnam

  • NGUYEN, Cung Huu;PHAM, Thi Truc Quynh;TRAN, Thi Hoa;NGUYEN, Thi Hoa
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.11
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    • pp.325-332
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    • 2021
  • Foreign capital inflows play an essential role in each country's socio-economic growth, particularly for undeveloped and developing countries where capital accumulation is limited in the early stages of development, and Vietnam is no exception. The purpose of this article is to examine the impact of foreign capital inflows on economic growth in Vietnam. The empirical method employed secondary time-series data set during the period 1995-2018 to determine the impact of FDI, foreign aid, foreign loans, and exports on economic growth in Vietnam by using a linear approach. For this study, data was collected from the World Bank and relevant agencies in Vietnam. The results show that FDI (net inflows), foreign aid, foreign loans, exports, and GDP (current), have a positive effect at a 1% significance level on economic growth. Rather, an increase in FDI (net inflows), foreign aid, foreign loans, exports has beneficial effects on the Vietnamese economy in the study period. Based on the findings of this study, the article proposes several important policy implications for Vietnam in maintaining a high rate of economic growth via the contribution of FDI inflows, foreign aid, foreign loans, and exports.

How Employee Personality Traits Affect Psychological Contract Breach: The Moderating Effect of Guanxi (근로자의 성격 특성이 심리적 계약 위반에 미치는 영향: ?시의 조절효과를 중심으로)

  • Kwon, In-Su;Kim, Sang-Joon;Lee, Ju-Il
    • Asia-Pacific Journal of Business
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    • v.11 no.4
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    • pp.149-165
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    • 2020
  • Purpose - This study investigates how employee personality traits affect psychological contract breach. Also, our study examines how Guanxi, a unique socio-cultural characteristic of China, moderates the relationship between personality traits and psychological contract breach. Design/methodology/approach - To test our ideas, we constructed a survey questionnaire based on the literatures on personality traits, Guanxi, and psychological breach. The questionnaires were distributed to Chinese employees, and then we conducted a regression analysis using 378 questionnaires. Findings - We found that neuroticism is positively related to perceived psychological contract breach. We also identified support for the prediction that the positive link between neuroticism and psychological contract breach becomes weaker when employees' awareness of Guanxi is high. Research implications or Originality - This study provides several theoretical and practical implications. First, this study elaborates the personality traits-psychological contract breach relationship by incorporating Guanxi, a critical contingency factor of China. Second, given that the relationship between neuroticism and psychological contract breach can be affected by employees' perceptions of Guanxi, managers should administer Guanxi to function as a lubricant within the organization.

Socio-Economic Aspects of the Impact of Military Actions on the Labor Force

  • Melnyk, Stepan;Petrukha, Nina;Shuprudko, Nataliia;Ilychok, Bohdan;Balanutsa, Oleksandr
    • International Journal of Computer Science & Network Security
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    • v.22 no.7
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    • pp.252-258
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    • 2022
  • Ukraine has a significant in quantity and unique in quality parameters, in particular, the level of education, a resource - the labor force, which, along with natural resources, can serve as the basis for economic growth and the achievement of sustainable development goals. The study is aimed at a thorough identification of the main factors influencing the formation and use of the labor force in Ukraine, including by comparing with the indicators of the EU countries, before the start of the active phase of military aggression by the Russian Federation. It was found that until February 24, 2022, there were negative trends in the change in the quantitative and qualitative indicators of the labor force due to the demographic crisis, the transformation of the national economy and shortcomings in state regulation of labor market development processes. The military actions not only exacerbated pre-existing problems, but also led to the emergence of new ones. A significant number of refugees and internally displaced persons, with the termination of the activities of half of the economic entities, provoked a sharp increase in real unemployment and a decrease in wages. The specific problem of the labor market of Ukraine - the "labor crisis", which has and will have a significant impact on the labor force, is carefully considered.

Effects of Macroeconomic Conditions and External Shocks for Port Business: Forecasting Cargo Throughput of Busan Port Using ARIMA and VEC Models

  • Nam, Hyung-Sik;D'agostini, Enrico;Kang, Dal-Won
    • Journal of Navigation and Port Research
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    • v.46 no.5
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    • pp.449-457
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    • 2022
  • The Port of Busan is currently ranked as the seventh largest container port worldwide in terms of cargo throughput. However, port competition in the Far-East region is fierce. The growth rate of container throughput handled by the port of Busan has recently slowed down. In this study, we analyzed how economic conditions and multiple external shocks could influence cargo throughput and identified potential implications for port business. The aim of this study was to build a model to accurately forecast port throughput using the ARIMA model, which could incorporate external socio-economic shocks, and the VEC model considering causal variables having long-term effects on transshipment cargo. Findings of this study suggest that there are three main areas affecting container throughput in the port of Busan, namely the Russia-Ukraine war, the increased competition for transshipment cargo of Chinese ports, and the weaker growth rate of the Korean economy. Based on the forecast, in order for the Port of the Port of Busan to continue to grow as a logistics hub in Northeast-Asia, policy intervention is necessary to diversify the demand for transshipment cargo and maximize benefits of planned infrastructural investments.

Features of the Architecture of Tourism and Tourist Complexes

  • Нnat, Galyna;Ivanochko, Ulyana;Solovii, Liubov;Petrenko, Yurii;Borutska, Yuliia
    • International Journal of Computer Science & Network Security
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    • v.22 no.9
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    • pp.117-122
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    • 2022
  • One of the promising sectors of the economy today is tourism in all forms and types. The multiplier effect of tourism is huge: the income received from one tourist exceeds the amount of money spent by him at the location on the purchase of services and goods in the range from 1.5 to 4 times. Countries known as world centers of tourism have made it a state policy, taking on the functions of forecasting, coordinating and controlling. The architectural monuments of the city historical structure are a pretty resource for tourism. Cultural tourism as a type of sociocultural human activity is one of the popular and mass types of tourism. The number of people wishing to get acquainted with historical and cultural sights is growing every year. In the cultural aspect, tourism has an impact on the spiritual and material spheres of human life, his way of life, value system, social behavior.Thus, the main task of the study is to analyze the features of the architecture of tourism and tourist complexes. As a result of the study, current trends and prerequisites for the architecture of tourism and tourist complexes were investigated.

Water Resources Planning for the 2S River Basin in Viet Nam

  • Ko, Ick Hwan;Choi, Byung-Man;Kim, Jeong-kon;Pi, Wan-Seop;Shin, Jae-Sung
    • Proceedings of the Korea Water Resources Association Conference
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    • 2020.06a
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    • pp.78-78
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    • 2020
  • The Se San and Srepok river basins (2S) are the two major tributaries of the Mekong River, both of which originate in the territory of Viet Nam and flow to Cambodia to meet at Stung treng with the Sekong river (originating in Lao PDR) to form the 3S river basin before joining the Mekong mainstream. In the territory of Viet Nam, the 2S river basins are located in the Central Highlands including 5 provinces, arranged by geographical location from north to south namely Kon Tum, Gia Lai, Dak Lak, Dak Nong and Lam Dong. This is a region with a very important strategic position in terms of economy, politics and defense for the whole country with many potential advantages for economic development. However, the limited and vulnerable basin water resources are under the pressure of socio-economic development in line with increasing water demands for various sectors. In order to overcome the water management challenges, a long-term water resources planning has conducted to support the 2S River Basin Committee (RBC) in effective planning and operation as part of the WB Mekong-Integrated Water Resources Management (IWRM) Project. This paper introduces the outline and progress of the river basin planning using analytical DSS toolkits to analyze, evaluate and formulate the planning options.

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Development of Socio-Hydrology Model for a Dynamic Interaction of Flood-Economy-Infrastructure (홍수-경제-기반시설의 동적 상호작용 평가를 위한 사회수문학적 모형 개발)

  • Kang, Subin;Kim, Yong-Tak;Woo, Sangseon;Kwon, Hyun-Han
    • Proceedings of the Korea Water Resources Association Conference
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    • 2021.06a
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    • pp.322-322
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    • 2021
  • 유역에서 나타나는 수문학적인 작용과 사회가 이에 대응하는 과정에서 발생하는 사회수문학적 상호작용을 이해하고자 하는 연구가 지속적으로 진행되고 있으나, 주로 개념적으로 정성적인 분석에 그치고 있다. 본 연구에서는 홍수-경제-기반시설로 구성되는 시스템의 동적거동을 정량적으로 평가하기 위하여 미분방정식 기반의 동적해석시스템을 제시하고 이를 수치해석적으로 해석할 수 있는 방안을 제시하였다. 즉, 제내지에서 인간의 활동, 제내지에서 거주지 확장 및 쇠퇴 등 사회수문학적 관점에서 인문 시스템과 수문 시스템 사이 상호작용을 연구하고 범람원의 동적 변화에 미치는 영향의 개념화 모형과 함께 수치해석적 접근 방법을 제시하였다. 양재천 사례를 중심으로 사회기반시설로서 제방을 고려하였으며, 제방에 투자되는 비용에 따라 세 가지 시나리오로 나눠 양재천의 홍수위험도와 지역사회의 사회수문학적 변화를 모의하였다. 본 연구 방법과 결과로 사회수문학 연구의 중요성을 보여줌으로써 추후 사회수문학의 연구 방향성을 제시하고자 한다.

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The Role of Small Airports in the Distribution and Logistics of Local Produce in India: A Proposal for Business Efficiency

  • Romy JUNEJA;Saurabh TIWARI;Prasoom DWIVEDI
    • Journal of Distribution Science
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    • v.22 no.6
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    • pp.69-81
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    • 2024
  • Purpose: Small airports are social and economic enablers and facilitate businesses and individuals. They contribute significantly to the distribution and logistics of the local produce - be it goods or services, thereby impacting the economy but have limited access to funds and poor management restricts their development. Despite the importance, small airports in small cities struggle financially as they are unable to earn profits and have higher operating costs. In other words, this is a paradoxical situation for small airports wherein, despite losses, the regional or national public authorities still finance such airports under socio-economic obligations. Therefore, this study aims to identify the critical success factors for improving small airports' performance and propose a business model. Research design, data and methodology: Using the qualitative research, interviews with 16 stakeholders from Guwahati, Tirupati, Bhubaneswar and Dehradun airports in india were examined. Results: The analysis reveals strategic planning and low cost, non-passenger services, and development of airport economic region as the main factors contributing towards small airports' success. Additionally, providing logistics to the local businesses and creating niche markets are suggested. Conclusions: Small airports, based on their services and the means of targeting customers, could select the relevant approach to improve their overall performance and improve profitability.

The Impact of the RMB Exchange Rate Expectations on Foreign Direct Investment in China

  • Yuantao FANG;Renhong WU;Md. Alamgir HOSSAIN
    • The Journal of Economics, Marketing and Management
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    • v.12 no.3
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    • pp.1-12
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    • 2024
  • Purpose: As a major economy attracting foreign investment, China is currently facing significant international economic pressure due to the appreciation of the RMB. Additionally, China is at a critical period of socio-economic development, where foreign direct investment (FDI) plays an indispensable role in stabilizing economic growth, adjusting industrial structure, and promoting economic transformation. Research design, data and methodology: This paper focuses on the relationship between RMB exchange rate expectations and FDI. It examines the magnitude of their relationship through empirical research using cointegration tests, Granger causality tests, and BVAR (Bayesian Vector Autoregression) analysis. Results: The comprehensive study of the empirical results in this paper concludes that there is a long-term cointegrated relationship between China's RMB exchange rate expectations and foreign direct investment, indicating that their relationship is stable in the long run. It is also found that RMB exchange rate expectations have a significantly positive impact in the short term, but this impact is not significant in the long term. Conclusions: The paper also considers the possibility of establishing a China-EU Free Trade Area in the future and offers policy recommendations regarding RMB exchange rate expectations and foreign direct investment.