FDI, Foreign Debt, and Economic Growth: The South Asian Perspective (1980-2020)

The present study examines the intricate relationship between foreign direct investment (FDI), foreign debt, and economic growth over the period of 1980 to 2020 in the following countries: India, Pakistan, Sri Lanka, Bangladesh, Nepal, Maldives, and Bhutan. The analysis utilizes data obtained from the World Bank, with productive projects, improved technology and expertise, technological transfer, foreign direct investment (FDI), export, import, and productive projects serving as independent variables. GDP growth is considered as the dependent variable. The model is subjected to rigorous testing procedures, which include the Fisher-Type ADF (for panel unit root), co-integration tests, histogram-based normality assessment, White test for heteroscedasticity, VIF (variance inflation factor) test for multicollinearity, and F-test for parameter significance. These procedures are implemented to ensure the model's robustness. Subsequent analysis is guided by the Hausman test's preference for the Fixed Effects (FE) model over the Random Effects (RE) model. It is worth noting that in both the FE and RE models, a negative correlation is observed between foreign debt and economic growth. The foreign direct investment (FDI) growth rate is inversely proportional to the growth rate of economic output (0.025 percent) and foreign debt (0.117 percent), according to the FE model. The interdependence of foreign direct investment (FDI) and foreign debt underscores the criticality for developing countries to effectively manage their foreign debt while facilitating FDI inflow. The research emphasizes that policy frameworks in these nations must reduce foreign debt in order to create an environment that is favorable for greater foreign direct investment.   CITE THIS PAPER: Jamsheed, R. A. (2024). “FDI, Foreign Debt, and Economic Growth: The South Asian Perspective (1980-2020)” Journal of World Economy: Transformations & Transitions (JOWETT) 3(07):27. DOI: https://doi.org/10.52459/jowett3727012

Labour Demand Analysis in the ICT Sector: EU Countries and Türkiye

This paper is dedicated to specific research on the information and communications technologies (ICT) sector, where the variables determine labour demand in the European Union (EU) and Türkiye. The research aims to clarify the relationships between employment-generating firm growth that represents labour demand and the independent variables identified by the authors. For this purpose, our method analyses the factors affecting labour demand econometrically. In the study, a panel data set of 22 countries, including 21 EU countries and Türkiye, is used for the period of 2014-2019. The results show that there is a positive and significant relationship between employment in the ICT sector and real gross domestic product (GDP) per capita and frequency of internet use. In addition, the results show that the relationship between employment and wage level in the ICT sector is negative and significant. According to the results obtained from the Fixed Effects (FE) model, the elasticity coefficients of the independent variables in the model present for wages (1.53), GDP per capita (3.27) and frequency of internet use (1.60). Finally, we have discussed the results estimated by the Shadow Variable Least Squares (LSDV) method to measure the impact of each country on the overall variability in employment level. As a result of the study, when labour demand is associated with firm employment increase, the countries in the target geography where a significant and positive relationship was found are Belgium, Bulgaria, Croatia, Czechia, Estonia, Finland, Germany, Hungary, Italy, Latvia, Netherlands, Poland, Portugal, Romania, Slovakia, Spain, Sweden, and Türkiye.   CITE THIS PAPER: Şişman, Deniz; Şişman, Mehmet; Yanık, Ahmet H. (2023). Labour Demand Analysis in the ICT Sector: EU Countries and Türkiye. Journal of World Economy: Transformations & Transitions (JOWETT) 3(06):24. DOI: https://doi.org/10.52459/jowett3624032

Corporate Governance, Firm Characteristics and Firm Performance: Empirical Evidence from Vietnam.

The purpose of this research was to examine how corporate governance methods relate to the performance of companies in Vietnam. The study used a dataset of 85 manufacturing firms listed on the Ho Chi Minh City stock exchange (HOSE) and applied Random-Effect Model (REM) and the Feasible Generalized Least Squares Model (FGLS) method. We found that the performance of a firm is positively influenced by a CEO's age, and gender diversity in boards of directors (BOD). However, firm size and board size have a negative impact on firm performance. The research recommends that companies should not increase board size. Additionally, promoting women executives in the boardroom can bring cultural diversity benefits and reduce information asymmetry. Based on the findings, the research proposes several recommendations for companies and managers to improve performance and reduce the negative effects of poor governance mechanisms.   CITE THIS PAPER: Ho, The Tran (2023). “Corporate Governance, Firm Characteristics and Firm Performance: Empirical Evidence from Vietnam.” Journal of World Economy: Transformations & Transitions (JOWETT) 3(06):25. DOI: https://doi.org/10.52459/jowett3625042

Rediscover Mogi: Marketing, Communication, and Lovingness for the Recognition of Subjects and Places

The objective of this text is to reflect on the relationship between Marketing, Communication, and lovingness, for the recognition of subjects and places, based on an investigation involving the Rediscover Mogi campaign. It results from ongoing studies at the University of Caxias do Sul, in the Postgraduate Program in Tourism and Hospitality. The city of Mogi das Cruzes, located in the State of São Paulo – Brazil, was chosen as the field of study. In theoretical terms, the text associates studies on Marketing and Communication, in contrast to the capitalistic discussion and the challenges of organizing production and communication more focused on lovingness, as an ethics of care and relation, in line with contemporary demands. The methodological strategy used is the Cartography of Knowledge, proposed by Baptista (2014, 2020a), with investigative actions that include a Bibliographic Survey, Writing Reports by one of the Researchers, and Cartography of Data Related to Mogi and the Rediscover Mogi Campaign. The text flags the potential for reinventing the Marketing-Communication binomial, which can be apprehended by the ‘conversations' of the residents of the Mogi das Cruzes on social networks.   CITE THIS PAPER:Melo, Camila, C.; Baptista, Maria L. C. (2023). “Rediscover Mogi: Marketing, Communication, and Lovingness for the Recognition of Subjects and Places” Journal of Social Sciences: Transformations & Transitions (JOSSTT) 3(06):26. DOI: https://doi.org/10.52459/josstt3626052

Strong Individualization in Managing Asian Societal Transformations

Is individualization typical for most advanced contemporary societies alone? A correction comes from the comparative analyses of the thoughts and historical deeds of two outstanding Asian leaders. In the XX century, Mahatma Gandhi and Deng Xiaoping substantially influenced public thinking and behaviour as well as the institutional framework in India and China respectively. Their achievement is efficiently channelling the national collective action towards gaining the independence of India and the acceleration of Chinese modernization. Both leaders have some similarities and much more differences in their programmes and practical activities. Gandhi and Deng are eager to foster a full-scale transformation of Indian and Chinese societies and to mobilize the active support of millions for societal transformation. However, Gandhi asks for the support of the Hindu traditional religion while Deng orients his intellectual strategy and practical activities on the principles of civic religion. Gandhi relies on his inventiveness and charisma while Deng searches for support from political organizations and the state.  The conceptual framework of social actors, relations and processes guides the systematic analysis of structures and actions in the transformation of Indian and Chinese societies.     CITE THIS PAPER: Genov, Nikolai (2023). "Strong Individualization in Managing Asian Societal Transformations" Journal of Social Sciences: Transformations & Transitions (JOSSTT) 2(05):24. DOI: https://doi.org/10.52459/josstt25240323

Board Gender Diversity, Bank Risk and Performance: Evidence from Vietnam

The focus of this article is on the correlation between board diversity, financial performance, and risk. In particular, the study examines the presence of female and foreign directors on corporate boards. The research uses a sample of 15 Vietnamese listed banks during 2014-2020. The findings indicate that the number of female directors on boards does not have a significant relationship with bank performance or risk. Additionally, the study reveals a negative relationship between the presence of foreign directors and bank risk.   CITE THIS PAPER: Hong, L. T. T.; Ngan, C. T. T. (2023). “Board Gender Diversity, Bank Risk and Performance: Evidence from Vietnam” Journal of World Economy: Transformations & Transitions (JOWETT) 3(06):26. DOI: https://doi.org/10.52459/jowett3626052

The Effect of Learning Motivation, Integrity, Misuse of Information Technology and Religiosity on Academic Fraud

This study examines the effect of learning motivation, integrity, misuse of information technology, and religiosity on academic fraud using the Attribution Theory. This research data was collected through a survey with a quantitative approach. Data were obtained as primary data and collected through online questionnaires. The population in this study was 301 students of Major International and Regular Accounting batches 2018-2019 at Jenderal Sudirman University. The sample of this study used purposive sampling, and the data obtained were 75 respondents. Data analysis using SPSS version 19 for Windows. The results of this study indicate that (1) learning motivation has a positive effect on academic fraud, (2) integrity has a negative effect on academic fraud, (3) misuse of information technology has a positive effect on academic fraud, and (4) religiosity has a positive effect on academic fraud. The implications of this research are to improve the supervisory system, especially during online lectures to students, to provide information about various campus policies to students so that students do not dare to commit fraudulent actions, and to pay attention to factors that influence academic fraud behavior.   CITE THIS PAPER: Natasya, Fadila; Restianto, Yanuar E.; Primasari, Dona (2023). "The Effect of Learning Motivation, Integrity, Misuse of Information Technology and Religiosity on Academic Fraud" Journal of Social Sciences: Transformations & Transitions (JOSSTT) 3(07):30. DOI: https://doi.org/10.52459/josstt37301223

Tourist-Communicational Ecosystem in Cirandas of Manacapuru – Amazon

This article presents a partial report of a research on the Brazilian Amazon, entitled Ciranda de Manacapuru as a metaphor for the Amazon: signs of the touristic, communicational, and subjective ecosystem of the region. Ciranda de Manacapuru is a popular dance festival that takes place every year in August in the municipality of Manacapuru, located in the Metropolitan Region of Manaus, in the state of Amazonas, in northern Brazil. This is an event promoted by the State and local government with the participation of three ciranda associations: Flor Matizada, Guerreiros Mura, and Tradicional. This festival is considered the largest Festival of Cirandas in the state, attracting around 50,000 tourists every year. During the Covid19 pandemic, the festival was presented by social media platforms (2020 and 2021). In this cultural manifestation of the city, an important sign of local tourism can be seen, considering the various agents involved, which is capable of attracting a differentiated, expressive, and consumer public. In theoretical terms, the research is being developed with an ecosystemic-complex orientation, which has been marking the studies of AMORCOMTUR! – Study Group on Communication, Tourism, Amouroness, and Autopoiesis. The methodological strategy is the Cartography of Knowledge, qualitative, procedural, and multi-methodological, with development in five investigative paths: We-interlaces, Personal Knowledge, Theoretical Knowledge, Production Plant, and Intuitive Research Dimension. The preliminary results indicated the expressive power of the narratives produced in the Cirandas by the various subjects involved, which makes it possible to reflect on the Tourism-Communication Ecosystemic plot that is established, evaluating the interrelationship of the city of Manacapuru and the cultural manifestation of Ciranda as an autopoietic power.   CITE THIS PAPER: Baptista, Maria L. C.; Santos, Gernei G. (2023). “Tourist-Communicational Ecosystem in Cirandas of Manacapuru – Amazon” Journal of Social Sciences: Transformations & Transitions (JOSSTT) 3(06):27. DOI: https://doi.org/10.52459/josstt3627052

Urban Art and Digital Technologies for Autopoiesis in Citizen Tourism

This research proposes a “conversation” that connects urban art and digital technologies for autopoiesis of citizen tourism, through observations of artistic interventions that use the city as support and spread on cyberspace. In this study, we will develop a discussion from the gables’ graffiti of Elevado Presidente João Goulart in São Paulo, a place also known as “Minhocão”. The general objective of this study is to reflect on how the combination of urban art and digital technologies can contribute to an autopoietic reinvention of citizen tourism. In this way, the specific objectives are: a) discuss the autopoiesis concept in relation to citizen tourism; b) discuss the relationship between urban art and digital technologies for citizen tourism. The theoretical references concerning urban art are based on Pesavento (2007), Eckert and Rocha (2016), Harvey (2012), and Campos (2021). To approach digital technologies, the principal references are Lévy (2010), Kerckhove (1997, 2003), and Taufer (2020). The autopoiesis concept had as a theoretical substrate the thought of Maturana and Varela (2003), Luhmann (1992, 2009), Guattari (1992), and Baptista (2015), while the tourism approach is established by Gastal (2006), Baptista (2020) and Moesch and Beni (2016). This study is guided by Cartography of Knowledge (Baptista, 2014), a strategic methodology that is divided into four trails, explored simultaneously by researchers: Personal Knowledge, Theoretical Knowledge, Production Plant, and Intuitive Research Dimension. In terms of preliminary results, it was perceived that the association between urban art and digital technologies shows new autopoietic constructions between the subject and the tourist citizen. The art interventions create agencies that shift the tourist citizen of their routine, thus they share their new perceptions of the city through digital technologies.   CITE THIS PAPER: Picinini, Rudinei; Fontana, Sara; Baptista, Maria L. C. (2023). “Urban Art and Digital Technologies for Autopoiesis in Citizen Tourism” Journal of Social Sciences: Transformations & Transitions (JOSSTT) 3(06):28. DOI: https://doi.org/10.52459/josstt36280523     

Household Financial Management of Married Professionals in Occidental Mindoro State College, Philippines

The study was conducted to determine the level of knowledge of married couples in financial literacy, the level of married professionals' involvement in household financial decision-making, and identify the problems encountered by them. The paper employed a descriptive research design and was conducted at Occidental Mindoro State College (OMSC) in Philippines from February to September 2022. The result shows that the married professionals are young adults, from small households, with long experience working in OMSC and household income above the poverty threshold. In addition, the majority of married professionals have a high level of knowledge of financial literacy, they have financial plans and practice savings as cash in the bank. Further, the financial decisions in the household are done by both the husband and wife and they neither agree nor disagree on the problems encountered in financial management. Moreover, this study provides insight into the views and challenges of married professionals in financial management. The findings of the study will serve as a guide for partners to avoid arguments about handling finances and will aid them to reach their financial goals more easily. Hence, this could be served as an additional reference for married professionals’ efficiency in household resource management.   CITE THIS PAPER: Declaro-Ruedas, Mary Yole Apple; Guico, Mary Joy C.  (2023). "Household Financial Management of Married Professionals in Occidental Mindoro State College, Philippines" Journal of Social Sciences: Transformations & Transitions (JOSSTT) 2(05):23. DOI: https://doi.org/10.52459/josstt2523022