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The Role and Importance of Liquidity Preference, Marginal Efficiency of Capital, and Marginal Propensity to Consume in Keynes’s General Theory 流动性偏好、资本边际效率和边际消费倾向在凯恩斯通论中的作用和重要性
Pub Date : 2023-02-01 DOI: 10.58970/ijsb.2056
Usman Ghani, M. Hossain
This article builds an understanding of Keynes’ General Theory as an advancement upon the Classical theory of economics with the introduction of new postulates including analysis of the propensity to consume, marginal efficiency of capital and the concept of the rate of interest. Based upon Keynesian General Theory, the key concepts, and variables of Liquidity Preference, Marginal Efficiency of Capital, and Marginal Propensity to Consume are familiarized and elaborated in terms of their role and importance in theory. Different references have been cited to support the interpretations as originally presented in Keynes’s General Theory. Literature has widely discussed the vital postulates of Keynes on the principle of effective demand, the consumption function, multiplier and interest rate, interest rate and investment. These postulates take account of the subjected variables and elaborate on the importance of these in Keynes General theory and models. Furthermore, the criticism of General theory is discussed, and conclusions are drawn at the end of the article.
本文通过对消费倾向、资本边际效率和利率概念的分析等新假设的引入,将凯恩斯的《通论》理解为对古典经济学理论的进步。在凯恩斯主义通论的基础上,熟悉并阐述了流动性偏好、资本边际效率和边际消费倾向这三个关键概念及其变量在理论中的作用和重要性。不同的参考文献被引用来支持凯恩斯在《通论》中最初提出的解释。文献广泛讨论了凯恩斯关于有效需求原理、消费函数、乘数与利率、利率与投资的重要假设。这些假设考虑了受影响的变量,并详细说明了这些变量在凯恩斯的一般理论和模型中的重要性。此外,本文还对通论的批判进行了讨论,并在文章的最后给出了结论。
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引用次数: 0
Women’s Empowerment: Impact of RMG; Case from BISIC, Fatullah, Narayanganj District 妇女赋权:RMG的影响来自Narayanganj县Fatullah BISIC的病例
Pub Date : 2023-01-01 DOI: 10.58970/ijsb.2264
Sarmin Akter
The multifaceted concept of women's empowerment has gained prominence, particularly in the context of the Ready-Made Garment (RMG) industry. This paper investigates the impact of the RMG sector on women's empowerment, centering on ten garment companies located in BISIC, Fatullah, Narayanganj District, Bangladesh. Employing a sample of 150 women workers (with a response rate of 90%), this study examines the contribution of employment in this industry to economic, social, and political empowerment. Through a comprehensive review of literature and empirical studies, the research explores the complex relationship between women's participation in the RMG industry and the outcomes of their empowerment. The findings underscore that, while the RMG sector has created employment opportunities for a substantial number of women in developing countries like Bangladesh, the nature and extent of their empowerment experiences are shaped by factors such as workplace conditions, education, and societal norms. Recognizing these nuances is crucial for policymakers, industry stakeholders, and advocates of women's rights to formulate effective strategies that optimize the positive impact of the RMG sector on women's empowerment in BISIC, Fatullah, Narayanganj District.
妇女赋权的多方面概念已经得到突出,特别是在成衣(RMG)行业的背景下。本文以孟加拉国纳拉扬甘杰区法图拉BISIC的十家服装公司为中心,调查了服装行业对妇女赋权的影响。本研究以150名女工为样本(回复率为90%),考察了该行业就业对经济、社会和政治赋权的贡献。通过对文献和实证研究的综合回顾,本研究探讨了女性参与RMG行业与其赋权结果之间的复杂关系。调查结果强调,尽管在孟加拉国等发展中国家,RMG行业为大量女性创造了就业机会,但她们获得赋权的性质和程度受到工作环境、教育和社会规范等因素的影响。认识到这些细微差别对于政策制定者、行业利益相关者和妇女权利倡导者制定有效战略至关重要,这些战略可以最大限度地发挥RMG部门对纳拉扬甘吉县BISIC地区妇女赋权的积极影响。
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引用次数: 0
The Impact of Financial Development on Inflation: Empirical Evidence from Kenya using the ARDL Approach 金融发展对通货膨胀的影响:使用ARDL方法的肯尼亚经验证据
Pub Date : 2023-01-01 DOI: 10.58970/ijsb.2210
Emilio Munene Gachoki
This study delves into a comprehensive examination of the intricate relationship between financial development and inflation in Kenya, utilizing time series data spanning from 1973 to 2021. Within the empirical and theoretical realms, especially within country-specific contexts, the multifaceted dynamics of short-run and long-run impacts stemming from financial development on inflation have remained a significantly underexplored area. To address this research gap, we employ ARDL analysis, recognized for its sophistication and analytical rigor. The empirical findings from this study unveil a robust and enduring influence of financial development on inflation in Kenya over the long haul. Nonetheless, it's noteworthy that immediate evidence of financial development's impact on inflation appears relatively modest. Furthermore, the study unveils a complex interplay between interest rates and inflation, both in the short and long run, showcasing an negative relationship. These outcomes emphasize a substantial Granger and ARDL-driven causal link between inflation and financial development. Importantly, the policy implications arising from these empirical insights underscore the critical need for prudent financial sector oversight, focusing on fostering a climate conducive to stable and moderate inflation rates. This necessitates concerted efforts from both financial institutions and the government to fortify financial market infrastructures and bolster the uptake of financial services.
本研究利用1973年至2021年的时间序列数据,对肯尼亚金融发展与通货膨胀之间的复杂关系进行了全面研究。在实证和理论领域,特别是在具体国家背景下,金融发展对通货膨胀的短期和长期影响的多方面动态仍然是一个未得到充分探索的领域。为了解决这一研究差距,我们采用了ARDL分析,以其复杂性和分析的严谨性而闻名。本研究的实证结果揭示了金融发展对肯尼亚长期通货膨胀的强大而持久的影响。尽管如此,值得注意的是,金融发展对通胀影响的直接证据似乎相对温和。此外,该研究揭示了利率与通胀之间复杂的相互作用,无论是短期还是长期,都显示出负相关关系。这些结果强调通货膨胀与金融发展之间存在格兰杰和ardl驱动的因果关系。重要的是,这些实证见解所产生的政策含义强调了审慎的金融部门监管的迫切需要,重点是营造有利于稳定和温和通货膨胀率的环境。这需要金融机构和政府共同努力,加强金融市场基础设施,促进金融服务的吸收。
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引用次数: 0
Value Relevance of Climate Change Disclosure: An Empirical Study on The Oil & Gas Companies Listed on Toronto Stock Exchange (TSX) 气候变化信息披露的价值相关性:基于石油行业的实证研究多伦多证券交易所(TSX)煤气公司上市
Pub Date : 2023-01-01 DOI: 10.58970/ijsb.2157
Amirus Salat
This study looks at how important it is for oil and gas companies which are listed on the Toronto Stock Exchange (TSX) to disclose information on climate change. I create a disclosure index by doing a content analysis of 58 firms' publicly accessible documents. As an independent variable, the Disclosure Index Score derived from the content analysis of 58 corporations is taken into consideration. As a stand-in for business value, the market to book assets ratio is employed. The relationship between corporate value and the degree of climate change disclosure is investigated in this study. According to empirical data, investors weigh how much information has been disclosed on climate change when determining a company's market value. Because it looks at the connection between climate change declarations and businesses' value, this study adds to the body of knowledge in environmental accounting. Practically speaking, the results of this investigation will give the Canadian Securities Administrator (CSA) an understanding of how disclosures about climate change are made and give them a framework for drafting associated disclosure requirements. Additionally, it should motivate Canadian oil and gas corporations to reveal their GHG emission reduction plans and strategies.
这项研究着眼于在多伦多证券交易所(TSX)上市的石油和天然气公司披露气候变化信息的重要性。我通过对58家公司的公开文件进行内容分析,创建了一个披露指数。作为自变量,我们考虑了58家企业的内容分析得出的披露指数得分。作为商业价值的替代,市场与账面资产比率被采用。本研究探讨企业价值与气候变化信息披露程度之间的关系。根据经验数据,投资者在确定一家公司的市场价值时,会权衡该公司披露了多少有关气候变化的信息。因为它着眼于气候变化声明和企业价值之间的联系,本研究增加了环境会计的知识体系。实际上,这项调查的结果将使加拿大证券管理局(CSA)了解有关气候变化的披露是如何进行的,并为他们起草相关披露要求提供框架。此外,它应该激励加拿大的石油和天然气公司公布他们的温室气体减排计划和战略。
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引用次数: 0
The Impact of Stock market on Economic Growth: Evidence of Bangladesh 股票市场对经济增长的影响:以孟加拉国为例
Pub Date : 2023-01-01 DOI: 10.58970/ijsb.2261
Tasnuva Sharmin
The study investigates the impact of well-functioning stock market in Bangladesh economy (2003-2022). The research has taken account of secondary data and employed regression analysis to measure the intensity of possible influence that Dhaka stock market capitalization has on GDP. It has been demonstrated that the trends in stock market follow parallel momentum along with GDP. The genesis of a functional financial system resides in relevant capital markets that promotes and revitalizes platforms for smooth channeling of funds. A knowledge-based investment environment for investors would pursue higher efficiency and liquidity in the markets. The data collected for the study are analyzed quantitatively and significant statistical evidence have been found that the idea conforms to the analysis. Upper trend in stock market cap reflects inherent profitability and accessibility to resources of listed business companies hence, economic growth is enhanced.
该研究调查了运作良好的股票市场对孟加拉国经济(2003-2022)的影响。本研究考虑了二手数据,采用回归分析来衡量达卡股市市值对GDP可能产生的影响强度。已经证明,股票市场的趋势遵循与GDP平行的势头。一个功能性金融体系的起源在于相关的资本市场,促进和振兴资金畅通渠道的平台。以知识为基础的投资环境将使投资者在市场上追求更高的效率和流动性。对本研究收集的数据进行了定量分析,并发现了显著的统计证据,证明该观点符合分析结果。股票市值的上升趋势反映了上市公司的内在盈利能力和资源可及性,从而促进了经济增长。
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引用次数: 0
Plant Leaf Disease Detection and Classification Using Deep Learning: A Review and A Proposed System on Bangladesh’s Perspective 植物叶片病害检测和分类使用深度学习:回顾和提出的系统在孟加拉国的观点
Pub Date : 2023-01-01 DOI: 10.58970/ijsb.2214
Md. Jalal Uddin Chowdhury, Zumana Islam Mou, Rezwana Afrin, Shafkat Kibria
A very crucial part of Bangladeshi people’s employment, GDP contribution, and mainly livelihood is agriculture. It plays a vital role in decreasing poverty and ensuring food security. Plant diseases are a serious stumbling block in agricultural production in Bangladesh. At times, humans can’t detect the disease from an infected leaf with the naked eye. Using inorganic chemicals or pesticides in plants when it’s too late leads in vain most of the time, deposing all the previous labor. The deep-learning technique of leaf-based image classification, which has shown impressive results, can make the work of recognizing and classifying all diseases trouble-less and more precise. In this paper, we’ve mainly proposed a better model for the detection of leaf diseases. Our proposed paper includes the collection of data on three different kinds of crops: bell peppers, tomatoes, and potatoes. For training and testing the proposed CNN model, the plant leaf disease dataset collected from Kaggle, is used which has 17430 images. The images are labeled with 14 separate classes of damage. The developed CNN model performs efficiently and could successfully detect and classify the tested diseases. The proposed CNN model may have great potency in crop disease management.
农业是孟加拉国人民就业、GDP贡献和主要生计的重要组成部分。它在减少贫困和确保粮食安全方面发挥着至关重要的作用。植物病害是孟加拉国农业生产的一个严重障碍。有时,人类无法用肉眼从被感染的叶子上发现这种疾病。在植物中使用无机化学品或杀虫剂时,为时已晚,大多数情况下会徒劳无功,使之前的所有劳动付诸东流。基于叶子的图像分类的深度学习技术已经显示出令人印象深刻的效果,可以使所有疾病的识别和分类工作变得更加轻松和精确。在本文中,我们主要提出了一个更好的叶片病害检测模型。我们提出的论文包括三种不同作物的数据收集:甜椒、西红柿和土豆。为了训练和测试所提出的CNN模型,使用了来自Kaggle的植物叶片病害数据集,该数据集有17430张图像。这些图像被标记为14个不同的损坏等级。所开发的CNN模型性能良好,能够成功地对被测疾病进行检测和分类。提出的CNN模型在作物病害管理中可能具有很大的潜力。
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引用次数: 0
Investigate the significant impact of Effective Strategic Management on The Performance of Small and Medium-Sized Businesses: A Case Study of M-Gurush Money Transfer Company 探讨有效战略管理对中小企业绩效的显著影响——以M-Gurush汇款公司为例
Pub Date : 2023-01-01 DOI: 10.58970/ijsb.2263
Peter Garang Thieel
This study aims to investigate the impact of effective strategic management on the performance of small and medium-sized businesses through a case study of M-Gurush Money Transfer Company Limited. There are initiatives on the impact of mobile money in various places throughout the world, including Juba, South Sudan. Given that the definition of financial inclusion is "the share of individuals and firms that use financial services," the majority of studies have focused on the relationship between financial inclusion and mobile money (World Bank Group, 2014). Unquestionably, the growth of mobile money in Sub-Saharan Africa helps to accomplish this first goal. The global agenda item of financial inclusion is of great interest to policymakers, regulators, academia, businesses, and other stakeholders. Conduct a study for the M-Gurush Money Transfer Company, situated in Juba, South Sudan, evaluating the effectiveness of strategic management practices used by small and medium-sized businesses. Analyze how effective strategic management affects small and medium-sized firms' performance. Another crucial aspect of m-gurush money transfer is the generation of new concepts and technological innovations.
本研究以M-Gurush Money Transfer Company Limited为个案,探讨有效的策略管理对中小企业绩效的影响。世界各地都有关于移动货币影响的倡议,包括南苏丹的朱巴。鉴于普惠金融的定义是“使用金融服务的个人和公司的份额”,大多数研究都集中在普惠金融与移动货币之间的关系上(世界银行集团,2014年)。毫无疑问,移动货币在撒哈拉以南非洲的发展有助于实现第一个目标。普惠金融是政策制定者、监管机构、学术界、企业和其他利益相关者非常感兴趣的全球议程项目。为位于南苏丹朱巴的M-Gurush汇款公司进行一项研究,评估中小企业使用的战略管理实践的有效性。分析有效的战略管理如何影响中小企业的绩效。移动转账的另一个关键方面是新概念和技术创新的产生。
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引用次数: 0
Administration on Revenue Generation in South Sudan: A Case Study of the National Revenue Authority and Ministry of Finance and Planning 南苏丹创收管理:国家税务局和财政和规划部的案例研究
Pub Date : 2023-01-01 DOI: 10.58970/ijsb.2232
AKECH AYAK MAJAK DENG
The study aimed to assess the impact of tax administration on revenue generation in South Sudan, using a descriptive approach and a case study of the National Revenue Authority and Ministry of Finance and Planning. The research employed purposive sampling and interviews for further analysis Findings for this study were derived from tax revenue and tax administration in the National Revenue Authority and Ministry of Finance and Planning, where investigation was carried out in areas of narrow tax base, culture of the inhabitants and manpower issues, taxpayer's awareness, receipts misappropriation and inefficiency, as well as ineffectiveness and inefficiency, which were confirmed to be causes of low revenue generation in South Sudan. As a result of the findings, it was determined that it was necessary to increase the tax base by enacting new taxes like the super profit tax and the value-added tax (VAT), increase tax payer awareness to improve collection, and develop strategies to address the manpower shortage by hiring qualified, energetic, and motivated employees; provide incentives and bonuses to tax officials to reduce receipts misappropriation; and regularly train tax officials to improve their capacities and, as a result, their effectiveness and efficiency in generating revenue.
该研究旨在评估税收管理对南苏丹创收的影响,采用描述性方法,并对国家税务局和财政和规划部进行了案例研究。本研究采用有目的抽样和访谈的方法进行进一步分析,研究结果来自国家税务局和财政和计划部的税收和税收管理,在狭窄的税基,居民文化和人力问题,纳税人的意识,收入挪用和效率低下,以及无效和效率低下等方面进行了调查。这被证实是南苏丹创收低的原因。根据调查结果,有必要制定新的税种,如超额利润税和增值税(VAT),以增加税基,提高纳税人的意识,以改善征收,并制定战略,以雇用合格的,有活力的,积极进取的员工来解决人力短缺问题;向税务人员提供奖励和奖金,以减少挪用收入;定期培训税务官员,以提高他们的能力,从而提高他们在创收方面的效力和效率。
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引用次数: 0
The Impact of Applying Deming's Model on Institutional Performance in Air Navigation: A Study on Quality and Customer Satisfaction 戴明模型对航空公司绩效的影响:基于质量和顾客满意度的研究
Pub Date : 2023-01-01 DOI: 10.58970/ijsb.2207
Sulaiman Alfooderi
This study investigates the influence of applying Deming's model on the institutional performance of air navigation, with a specific focus on the concept of quality and its alignment with the present and future needs and expectations of customers. The research was conducted within the Department of Air Traffic in Kuwait, specifically within the Air Navigation Services Company, utilizing a sample of 206 employees. To achieve its objectives, the researcher developed a questionnaire as the primary research tool, designed to assess the relationship between the application of the Deming model and institutional performance. The study reveals several significant findings. Firstly, there exists a statistically significant relationship at a significance level of α≤0.05 between the practices of the Deming model and the promotion of administrative innovation within the Air Navigation Company in Kuwait. Additionally, the research demonstrates a statistically significant effect at the α≤0.05 level of Deming model practices on internal institutional innovation. Moreover, a similar statistically significant effect at α≤0.05 was observed for Deming Model Management practices on creating value within the Air Navigation Company in Kuwait. Among the key recommendations arising from this study is the importance of assessing the quality of air navigation services from the perspective of customers, particularly in light of the application of the Deming model. Understanding customer perceptions and expectations can play a pivotal role in further enhancing the quality and effectiveness of air navigation services. This research contributes valuable insights into the application of Deming's model in the context of air navigation, shedding light on its potential benefits in terms of innovation, quality, and value creation.
本研究探讨了应用戴明模型对空中航行制度绩效的影响,特别关注质量概念及其与客户当前和未来需求和期望的一致性。这项研究是在科威特空中交通部门内进行的,特别是在空中导航服务公司内,使用了206名员工的样本。为了实现其目标,研究人员开发了一份问卷作为主要研究工具,旨在评估戴明模型的应用与机构绩效之间的关系。这项研究揭示了几个重要的发现。首先,在科威特航空公司内部,戴明模型的实践与行政创新的促进之间存在统计学显著的关系,且显著性水平为α≤0.05。此外,研究表明,戴明模型实践对内部制度创新的影响在α≤0.05水平上具有统计学意义。此外,在科威特空中导航公司中,观察到戴明模型管理实践在创造价值方面具有相似的统计学显著效应(α≤0.05)。这项研究提出的主要建议之一是从客户的角度评估空中导航服务质量的重要性,特别是考虑到戴明模型的应用。了解顾客的感受和期望,对进一步提高航空导航服务的质素和效益至为重要。这项研究为戴明模型在空中导航领域的应用提供了有价值的见解,揭示了其在创新、质量和价值创造方面的潜在好处。
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引用次数: 0
Corporate Social Responsibility Practices of Private Commercial Banks in Bangladesh 孟加拉私人商业银行的企业社会责任实践
Pub Date : 2023-01-01 DOI: 10.58970/ijsb.2178
Md. Ahsan Ahamed
One of the top priorities for any business firm is corporate social responsibility. The sheer number of initiatives that business companies have taken shows how widely they have adopted CSR. In order to examine corporate social responsibility actions carried out by private commercial banks in Bangladesh, this study will do so. The study’s secondary data came from annual report of banks, website, Bangladesh Bank publications published between 2018 and 2021. From this study, it can be inferred that practically all private commercial banks participate in CSR initiatives. The results of this study also show that private commercial banks in Bangladesh primarily engages in CSR activities by making contributions to the fields of environment protection, disaster relief, infrastructure development in remote areas, income generation for the underprivileged, and others. The survey also found that Bangladesh's PCBs mostly support the sectors of healthcare, education, and disaster assistance. Environment, infrastructure development, income-generating initiatives for underprivileged populations, and cultural welfare sectors are not given much weight by CSR. So, emphasis should be given to the environment, the development of infrastructure, and technological innovation, activities that generate cash in order to help development of socio-economic development of Bangladesh.
企业社会责任是任何企业的首要任务之一。企业采取的举措数量之多,表明它们采用企业社会责任的范围之广。为了审查孟加拉国私营商业银行开展的企业社会责任行动,本研究将这样做。该研究的次要数据来自2018年至2021年间发布的银行年度报告、网站、孟加拉国银行出版物。从本研究可以推断,几乎所有民营商业银行都参与了企业社会责任倡议。本研究的结果还表明,孟加拉国的私营商业银行主要通过在环境保护、救灾、偏远地区基础设施建设、贫困人口创收等领域做出贡献来参与企业社会责任活动。调查还发现,孟加拉国的多氯联苯主要用于医疗保健、教育和灾害援助部门。环境、基础设施发展、为贫困人口创造收入的举措以及文化福利部门在企业社会责任中没有得到太多重视。因此,应该把重点放在环境、基础设施的发展和技术创新上,这些活动可以产生现金,以帮助孟加拉国的社会经济发展。
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引用次数: 0
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International Journal of Science and Business
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