South Asian Journal of Social Studies and Economics
EISSN : 2581-821X
Published by: Sciencedomain International (10.9734)
Total articles ≅ 228
Latest articles in this journal
Published: 16 September 2021
South Asian Journal of Social Studies and Economics pp 38-67; https://doi.org/10.9734/sajsse/2021/v12i330307
According to many real-world examples and theories, the process of industrialization has been recognized as an engine of growth. Many economies which followed the industrialization-led transition have benefitted from rapid and accelerated economic growths with the support of export promotion, high trade openness, economic liberalization, and improved business climate. The ideology has been firstly followed by the countries in the European region and showed impressive results in economic growth and development. Thus, many Asian countries have been encouraged to follow up the industrial transformation after the 1990s. As a result, Asian countries like Japan, Singapore, Korea, China, and India have shown impressive performances in economic growth and development afterward. However, in the Sri Lankan context, the industry sector has appeared in the economy nearly for a century and several important eras in industrial sector development were followed. However, it is doubtable that whether Sri Lanka has gained actual benefits through that industrial transformation or utilization of policies. Therefore, this article mainly focuses on providing a clear outline of past industrial policies used in the Sri Lankan economy, clearly positioning the current performance of the industrial sector in Sri Lanka, and identifying the major issues in the current industry sector with the help of valid literature and secondary data. Accordingly, many previous studies have suggested that political and policy instability, lack of infrastructure, lack of credit and financial facilities, lack of labor and stagnated productivity, etc. are the key issues in the current industry sector. Several possible recommendations to overcome these issues have been through literature to curb the negative impact of those adverse components on the industry sector development like ensuring corruption-free political and social background, stabilizing macroeconomic variables, addressing skill gaps of the workforce, transparently managing tax system, etc.
Published: 10 September 2021
South Asian Journal of Social Studies and Economics pp 29-37; https://doi.org/10.9734/sajsse/2021/v12i330306
The pharmacists’ slogan reads “as men of honour we join hands.” This study was aimed at assessing the perception and readiness to forming/running cooperative societies from the perspectives of the pharmacists’ technical groups in Akwa-Ibom State, Nigeria. A descriptive survey method was adopted using a structured questionnaire was used to obtain data bordering on respondents’ socio-demographic status, perception of concept of cluster/cooperative groups alongside willingness to engage in such formation. A total of 156 respondents (male 61, 39 % and female 95, 61%) participated in the study. The distribution of technical group of respondents were community practice (CP) 65(42.0%), academia (AP) 20 (13.0%), industrial (IP) 25 (16.0%) and hospital practice (HP) 46(29.0%). Respondents who were currently part of a non-pharmacist-member group and pharmacist-member group were 31% and 2%, respectively. 99% of the Respondents agree that persons of same mind/interest should come together to achieve progress. A total of 35% of total respondents believe pharmacists have too many associations/groups already and it is burdensome adding more93% of total respondents were not aware of any pharmacists-only group around them while 75% of them believe forming such groups can empower pharmacists but 23% have a negative disposition to this notion. Respondents from CP had significantly favourable disposition to creating the cooperative group than IP (p=0.0.0001), AP (p=0.023), HP (p=0.019). Pharmacists in CP and AP are more ready to form cooperative society for common interest than their colleagues in other technical groups.
Published: 21 August 2021
South Asian Journal of Social Studies and Economics pp 48-62; https://doi.org/10.9734/sajsse/2021/v12i230303
The aims of this paper is to analyze the effect of access to credit on the technical efficiency of farms in Cameroon’s rural area. Using a sample of 545 farm households, we first estimate a Data Envelopment Analysis (DEA) model with constant returns to scale; then a censored TOBIT model enabling us to identify factors of efficiency, especially the effect of access to credit on efficiency. Two main results emerge from our analysis. First, we find that on average, the level of technical efficiency of farms is 56.78%; showing therefore the possibility of substantial efficiency gains. Second, farm size, association membership, and fertilizer expenditure negatively affect technical efficiency, while access to credit, age and education increase it. Based on these results, we believe that it’s interesting for farm householders to organize themselves in associations to benefit from available credits and financial facilities and to share their experiences in the agricultural field in order to improve their efficiency.
Published: 18 August 2021
South Asian Journal of Social Studies and Economics pp 35-47; https://doi.org/10.9734/sajsse/2021/v12i230302
This study explores the effects of the Brazilian recession from 2014 to 2016 on the default of market credit cards and Private Label cards in food retail in a comparative way, through econometric analysis. The research evaluates the credit card default response in the market and, also, Private Label cards, after simulating shocks in macroeconomic variables such as Gross Domestic Product, wages, and unemployment rate, among others, through the application of an autoregressive vector model (VAR model). The data, on a monthly basis, were collected at the Central Bank of Brazil, the Brazilian Institute of Geography and Statistics and at a company in the private label card market. In addition, precedence tests are applied in order to check if there was any causality “in the sense of Granger” on the default of the market credit card and the Private Label card. Among the results found, it was possible to identify that the default rates of the credit card in the market and of the Private Label have different behaviors, from the simulations of the impulse response functions to the identification of the variables that precede them, being that the default of the Private Label card preceded a higher number of variables when compared to the default of credit cards in the market.
Published: 11 August 2021
South Asian Journal of Social Studies and Economics pp 22-34; https://doi.org/10.9734/sajsse/2021/v12i230301
With the increase in average life expectancy and the reform of pension and social welfare systems, saving has gradually become a preventive measure against risk and an important means of filling the financial gap. Meanwhile, a large and growing literature has examined the determinants of consumer savings. Using data from 2009, 2012, 2015, and 2018 U.S. National Financial Capability Study, this study aims to examine the association between financial knowledge and consumer saving behaviors through an ordered probit regression approach. In addition, this study conducts a comprehensive robustness test by replacing the estimation method and removing outliers with income. The results indicate that there is a positive relationship between financial knowledge and consumer savings. Therefore, policymakers are recommended to formulate policies to promote financial education to raise consumer savings.
Published: 7 August 2021
South Asian Journal of Social Studies and Economics pp 11-21; https://doi.org/10.9734/sajsse/2021/v12i230300
The purpose of this paper is to access healthcare institutions and the welfare experience of patients and workers in public Secondary and Tertiary Hospitals in Rivers State, with ownership across Federal Government, State Government and the Military. From a stratified sampling technique, a representative survey sample of 90 respondents was involved. Our findings shows that Tertiary hospitals in Rivers state relies on funding by Federal Government, State Government, internally generated funds and grants, in their decending order. Budgetary cut on health institution is perceived to reduce service delivery and health workers motivation, though a cut in funding is expected by few, as a result of the prevalent fall in global oil price. The analysis also shows that the price of health services and medicines have increased in recent times, but we could not establish the symptom of inflation on the prices of healthcare consumption. It was established that the level of qualified health workers without gainful employment has slightly increased, owing to low absorptive capacity of government owned hospital, low renumeration from non-public-owned hospitals. The study found that the populace prefers public hospitals over private hospitals, mainly because of affordability and availability of specialists. Although there is evidence of inadequate workforce, bureaucratic holdup and poor ambience. The study concludes that the government is the provider of very affordable and quality healthcare in Nigeria. It was therefore recommended that there should be proper accountability by the hospital management on the proceeds and expenses. Efforts should be made to strenghten internally generated revenue, while a public-private partnership, improved efficiency and quality of service delivery will attract funds.
Published: 3 August 2021
South Asian Journal of Social Studies and Economics pp 46-52; https://doi.org/10.9734/sajsse/2021/v12i130298
Government expenditure patterns have changed tremendously over the last few years, especially in developing countries like India. Many studies found a positive relationship between government spending and rural development and poverty reduction and thereby economic growth. For a country like India, whose proportion of the rural population is about 70 per cent, governments' efforts in the form of its expenditure toward rural development are vital. It is also essential to analyze the relative contribution of various expenditures to rural development and reduce the poverty of rural people. The purpose of this paper is to review and analyze the head-wise budgetary and actual expenditure on the various centrally sponsored scheme for rural development of India.
Published: 3 August 2021
South Asian Journal of Social Studies and Economics pp 1-10; https://doi.org/10.9734/sajsse/2021/v12i230299
The general objective of this article is to describe the strategy called Short Commercialization Circuits SCC as a way of supplying local chains in 2020 by the Unidad Administrativa Especial de Organizaciones Solidarias (UAEOS) in Colombia to counteract the negative impacts of the COVID19 pandemic and to improve the social fabric and the ecosystem of the beneficiary territories. The methodology is qualitative, and its methods are documentary review. The main conclusion is that Short Commercialization Circuits such as Public Procurement are strategies that can improve the quality of life of farmers in their territory.
Published: 31 July 2021
South Asian Journal of Social Studies and Economics pp 36-45; https://doi.org/10.9734/sajsse/2021/v12i130297
Indian labour market has been witnessing a paradoxical situation in recent years. Despite registering higher economic development the female participation in economic activities has shown deceleration. The researchers in this field have identified several determinants and explanations at aggregate level. The present study is one of the few attempts to examine the trend of female participation in agriculture at district level. Taking number of tractor in a district as a proxy for farm machination, the study confirms an inverse relationship between farm machines and female participation in agriculture. It resolves the paradox in terms of lower women participation in agriculture sector.
Published: 30 July 2021
South Asian Journal of Social Studies and Economics pp 27-35; https://doi.org/10.9734/sajsse/2021/v12i130296
This study aims at assessing the trends, patterns and compositions of indices of Human Development Index (HDI) of Nepal, with the bid of comparing these with those of the SAARC member countries. Using primary and secondary sources of data, the study embarks on a consecutive analysis of the years ranging from 2015 to 2019, while employing a descriptive research design. Simple descriptive tools; content analysis, trend line, and bar diagram are used for data presentation and analysis. United Nations Development Programme (UNDP) has been preparing the global Human Development Index report since 1990. The study argues that misplaced priorities and not necessarily a shortage of resources often prevent countries from reaching acceptable levels of human development indexes, and thus failing to assuring their citizens the necessary universal access to basic essential amenities such as health, education, security and overall human emancipation. It concludes that, this type of comparison is pertinent because it would attract public attention, in terms of policy advocacy, which could lead to extensive positive policy initiatives for more detailed discussions and application of development strategies amongst the SAARC members’ countries.