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IJEFSD
Published by Research Parks Publishing
ISSN : 26154021     EISSN : 26206269     DOI : https://doi.org/10.31149/ijefsd.v7i1
Core Subject : Economy,
Economics, Econometrics & Finance
International Journal on Economics, Finance and Sustainable Development (IJEFSD) is an international, peer-reviewed, and scholarly journal aimed at being a platform for interdisciplinary researchers across the globe to develop and advance both theory and practice of economics and finance while considering sustainability. IJEFSD welcomes all well-developed papers exploring areas of economics and finance including papers in area of sustainable development. Moreover, the journal accepts research articles based but concerning a topic of interest in the field of sustainability whilep pointing out fields, such as, economics, marketing, business, management, sociology and and other related ones.
Arjuna Subject : Ilmu Ekonomi, Ekonometrika dan Keuangan (semua kategori) - Ilmu Ekonomi, Ekonometrika dan Keuangan (Lain-Lain)
Articles 752 Documents
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Electronic Payment System and Poor Fees Collection in Universities in South Eastern States of Nigeria N, Anyanwu Kingsley
International Journal on Economics, Finance and Sustainable Development Vol. 4 No. 8 (2022): IJEFSD
Publisher : Research Parks Publishers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31149/ijefsd.v4i8.3445

Abstract

This study has examined electronic payment system and fees collection in universities in South Eastern Nigeria. A study of five selected universities in South Eastern Nigerian was used. Objectives, research questions and hypotheses were formulated and they were analyzed. Questionnaire was the major source of data collection and copies of this questionnaire were distributed to the staff of the selected organizations. The Analysis of Variance (ANOVA) was used to analyze the data and the Statistical Package for Social Science (SPSS) was as well used. The findings show that mobile banking has effect on efficient collection of fees in universities in South Eastern Nigeria, and that there is significant relation between internet banking and efficient collection of fees in universities in south eastern Nigeria. Based on the findings, the study recommends that Universities should understand that making online payments and coming also in person to confirm such payment defies the intent of electronic payment and at such, they should look for easier online methods of confirmation of payments. Also, Online payment system is capital intensive and universities should make sure they have the required equipment and personnel, before adopting such payment method
Why Islam Entices Increasing Human Procreation? A Vector Error Correction Model (VECM) Analysis on Population and Economic Growth: The Case of the Philippines Sali, Najeeb Razul A.
International Journal on Economics, Finance and Sustainable Development Vol. 4 No. 9 (2022): IJEFSD
Publisher : Research Parks Publishers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31149/ijefsd.v4i9.3456

Abstract

This study investigated the effect of increasing population on economic growth. It highlights the Qur'anic injunctions as well as prophetic traditions pointing to the benefits of population growth and supports them with empirical findings using the Philippines settings as a case in point, it made use of econometrics data analysis using Augmented Dickey-Fuller test, the Johansen Cointegration, Vector Error Correction Model (VECM), Granger causality to analyze the time series data of the Philippine population from 1978 to 2020 as well as the country's Gross Domestic Product (GDP) from the same time frame as a proxy for economic growth of the Philippines. The result shows that with F-statistic = 4.26 and a p-value of 0.01, being p < 0.05 alpha level, it means that the null hypothesis that population does not Granger Cause GDP is rejected. On the contrary, with F-statistic = 0.49 and a p-value of 0.68, it suggested that the null hypothesis that GDP does not Granger Cause population is accepted. This study concludes that increasing population is associated with an increase in the size of the economy. In contrast, an in the economy does not lead to population growth in the country.
Socio-Economic Background of Women Entrepreneurs on Small & Medium Enterprises in Panipat District, Haryana Meena Devi
International Journal on Economics, Finance and Sustainable Development Vol. 4 No. 8 (2022): IJEFSD
Publisher : Research Parks Publishers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31149/ijefsd.v4i8.3458

Abstract

Entrepreneurship is an important factor mentioned above in community development. Business is the key to economic growth in the nation. Entrepreneurship plays a major role in developed countries. Small and medium enterprises offer great job opportunities in the community. Women have been successful in breaking their confinement within the walls of their homes by accessing a wide range of professionals and services. Sustainable economic growth and social justice, the socio-economic status of women must be improved as well as that of men. Social and economic freedom gives women the right to control the development of their lives. Entrepreneurship enhances the social status of women. The work of an entrepreneur depends on many different social, economic and psychological factors. Therefore, in any effort made to understand the business function among women, an analysis of their socio-economic status or status is required. Small and medium enterprises often contribute to local / rural economic development. The study aims to empower women in business and the socio-economic base of women entrepreneurs in the Panipat region, Haryana.
Economic Performance and Women Entrepreneurs in Nigeria Ngozi A., Nwokoro,
International Journal on Economics, Finance and Sustainable Development Vol. 4 No. 9 (2022): IJEFSD
Publisher : Research Parks Publishers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31149/ijefsd.v4i9.3459

Abstract

For a country to achieve its development goals, women must be incorporated in the entrepreneurship activities. A lot of literature supports the role of women in economic development. This study seeks to examine factors influencing the performance of women entrepreneurs in Lagos state. The target population for this research included all the 12.300 women entrepreneurs in Surulere, Ikorodu, Agege and Eti-Osa, with a sample size of 370 determined from Krejcie and Morgan table and randomly selected. A descriptive Research design was used to allow the researcher to gather information, summarize, present and interpret data for the purpose of clarification. Stratified random sampling was used where each location formed strata. Proportional allocation was used to compute the exact number of subjects in each location which was a correct representation from the strata. The received data was classified, summarized, coded, sorted and SPSS and excel softwares used in analysis. From this study, it was observed that although there is the possibility of women entrepreneurs operating business enterprises in the same capacity and magnitude as men, traditional roles and practices such as domestic commitments, low levels of education, lack of property ownership and lack of opportunity driven motive to start enterprises continues to influence the performance of women entrepreneurs negatively in terms of monthly income sales, profit margin and types of business enterprise.
The Impact of Covid-19 Pandemic on the Financial Performance of Islamic Banks in the Philippines Sali, Najeeb Razul A.
International Journal on Economics, Finance and Sustainable Development Vol. 4 No. 9 (2022): IJEFSD
Publisher : Research Parks Publishers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31149/ijefsd.v4i9.3461

Abstract

This paper investigated the impact of the Covid-19 Pandemic on the performance of Islamic banks in the Philippines. It used the quarterly data before and during the pandemic. To empirically measure its impact on the Islamic bank in the country, this study used significant different tests to ascertain differences in the financial performance of the bank starting from the 1st quarter to the 4th quarter of 2019 used as a proxy for pre-pandemic variable and the 1st to 4th quarter of 2020 which was during the heights of the pandemic as data that represents the duration of the crisis. The result shows that the overall bank size during the pandemic was reduced by 2.08% while changes in return on deposits and return on equity before and during the pandemic were not statistically significant. However, there was enough evidence to show that Islamic deposits, return on assets, and net income, were significantly positively affected by the Covid-19 Pandemic. Test for significant difference further ascertained that the decrease in capital adequacy ratio during the pandemic was found statistically significant. It suggested that Islamic banking in the Philippines fared differently compared to its conventional counterparts in the country.
Socioeconomic Aspects of Muslim Child Laborer Involved in Informal Public Transport in Bangladesh Sali, Najeeb Razul A.; Ahammad, Hasnain
International Journal on Economics, Finance and Sustainable Development Vol. 4 No. 9 (2022): IJEFSD
Publisher : Research Parks Publishers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31149/ijefsd.v4i9.3468

Abstract

Many children were involved in economic actions explicitly in the Informal Public Transport sector in Dhaka, Bangladesh. They were traced working under incomputable exploitive workspace, suffering from exceptional health conditions, and deprived of what they required and deserved. These children are deprived of equitable or stable wages equivalent to the extent of their deeds. Furthermore, holidays, health facilities, and recreational activities were specifically non-existent for these children. This present study aimed to explore the child labourer’s status in terms of socio-economic deprivation, health, and abuses, which are deliberated as significant in computing the welfare of life. In a descriptive way, the quantitative research method was utilised, compiling data with a sample size of 45 respondents among child labourers. From the exploration of the data, it was vindicated that child labourers were viciously deprived of their socio-economic rights affirmed them in the resolution on the rights of child (CRC) through in adequate remunerations, amenities, bonuses, corporal, psychological, and pecuniary abuse. The partaking of children in the Informal Public Transport sector deprived them of the opportunities for attaining education, skills, and training indispensable for being furnished in the ruthless circumstances of contemporary society. Few researches were wielded in the past whilst they did not dig up the amalgamation of economic evolution, veneration for labors criterion, and social protection, along with a better cognition of the needs and rights of children. This study would assist in bringing a significant amputation in socio-economic deprivation of child labor. Data were also compiled from primary and secondary sources, relevant and related articles, peer-reviewed journals, and books.
New Laws Related to Oil Extraction Rights and Social Safeguards are Affecting Socio-Economic Well Being of Communities in the Albertine Graben Lwanyaga, Ivan; Saaverdra, Ricardo; Edaku, Charles
International Journal on Economics, Finance and Sustainable Development Vol. 4 No. 9 (2022): IJEFSD
Publisher : Research Parks Publishers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31149/ijefsd.v4i9.3507

Abstract

The study was carried out in order to assess how the new laws related to extraction rights and social safeguards are affecting socioeconomic well-being of communities in the Albertine Graben. The study concentrated both on primary and secondary data. The primary survey was critical component of the study as it would yield crucial data on the oil governance and socio-economic well-being of communities in the Albertine Graben (Respondents), and officials from the ministry of lands zonal office, Officials from international oil companies, Local government officials, Political/religious leaders, Local council members, Bunyoro kingdom officials and Community members. The study was conducted in four districts on Hoima, Buliisa Kikube, and Kakumiro in the Albertine Graben region; where a sample of 158 respondents was selected from these districts. Districts were selected using judgmental sampling and 158 respondents were selected using simple random and purposive sampling. Parameters on the basis of which research questions were formed to investigate the new laws related to extraction rights and social safeguards are affecting socioeconomic well-being of communities in the Albertine Graben. From the field findings, it was found out that there was need for the employment of the local people and from across all districts in the Abertane graben, environmental protection was embraced through a forestation, frame works for effective revenue collection from oil companies are said to have been put in place, communities in the Albertinee graben have been secured from dangers of oil spilling and this has been done through compensation of all communities that are found where the pipeline was being constructed. Existing and new measure of controlling corruption from government officials have tightened up, monitoring of exploration is being observed wholeheartedly, sensitization of community awareness on danger of oil wastes has been carried out in all Abertine graben communities and lastly there has been establishment of cumulative effect assessment systems. In regard to Land Laws, Ugandan government and all the stakeholders involved needs to reform its land policy to ensure that every Ugandan can access the land or can ‘legally’ own the land they live in by providing them with required documents to prove their ownership. In addition, there is need for workers in Uganda to organize and demand their social- economic rights and accountability from the government.
The Nature, Methods and Functions of the Agricultural Management System in the Context of Economic Liberalization Xursanbekovich, Xasanov Ilyosbek
International Journal on Economics, Finance and Sustainable Development Vol. 4 No. 10 (2022): IJEFSD
Publisher : Research Parks Publishers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31149/ijefsd.v4i10.3514

Abstract

In this article, the development of scientifically based and practical proposals and recommendations on increasing the efficiency of the agricultural management system in the conditions of economic liberalization is widely covered.
Women Literacy and Economic Development Verma, Dr. Namita
International Journal on Economics, Finance and Sustainable Development Vol. 4 No. 9 (2022): IJEFSD
Publisher : Research Parks Publishers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31149/ijefsd.v4i10.3516

Abstract

Role of education and particularly female education in the development process is well documented. Economists of the classical period have also highlighted this association. Besides the social and economic benefits of education, female literacy is considered a bet in improving the health and basic child care. Higher literacy rates show lower poverty ratios in different parts of the world. India has also shown a tremendous increase in its literacy rates since independence, but it too has the largest concentration of poor people in the world. This has been postulated to be tested through the case of India. The socioeconomic impact of female education constitutes a significant area of research within international development. Increases in the amount of female education in regions tends to correlate with high levels of development. Some of the effects are related to economic development. Women's education increases the income of women and leads to growth in GDP. Other effects are related to social development. Educating girls leads to a number of social benefits, including many related to women's empowerment. The belief that women's literacy is the key to development has informed government and international aid agency policy and programmes around the world. In the poorest countries, the gap between male and female literacy rates has led policy makers to focus on increasing women's as opposed to men's access to literacy, through programmes designed particularly around women's reproductive role. Researchers have been concerned to find statistical evidence that there are the positive connections between female literacy rates and health indicators such as decreased child mortality and fertility rates.
Improving the Accounting of Administrative Expenses Baxit ugli, Nizekeev Miyirman
International Journal on Economics, Finance and Sustainable Development Vol. 4 No. 10 (2022): IJEFSD
Publisher : Research Parks Publishers

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31149/ijefsd.v4i10.3522

Abstract

The article studies the classification of expenses and the role of period expenses in its composition. As a result of the research, proposals were developed to reduce administrative and management costs and improve the accounting for expenses of the period.

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