Journal of Emerging Trends in Economics and Management Sciences - latest Issue
Volume 7, Issue 4, 2016
Author Jy-Pyng SahSource: Journal of Emerging Trends in Economics and Management Sciences 7, pp 197 –204 (2016)More Less
Sustainable disaster management must take climate change into account. Ever since the Earth Summit in 1992, climate change has become an increasingly popular topic. New ideas in this young profession are changing constantly. It is because of its interdisciplinary nature that makes it so capable of drawing attention to itself. The evolution of new ideas affects future disaster management. While sustainable mitigation of disasters relies heavily upon the planning of land use and resource management, this study discusses the trends of land/resource management that was influenced by climate change in the past 15 years. This study intends to answer questions such as, is there any idea that was deemed important before but is absent now-a-days, or which ideas are gaining popularity? This study examines all literatures in the defined field in a holistic way. The Web of Science (WOS) reference database is used as the total population. All social science literatures dated between 2000 and 2014 that use "climate change" as a keyword are taken as target population. The literature search selected 10,328 journal articles from the WOS database. This study logged all the keywords from these articles. These keywords were grouped and sorted for further examination. Five general fields in urban planning that could mitigate long-term disaster losses were examined. They are "Regional Planning", "Ecological Planning", "Environmental Management", "Resource Management", and "Environmental Planning". This study reveals that social scientists are more fond of the idea of adapting to climate change. "Adaptation" is the most popular keyword in social science regarding climate change issues. The keywords associated to "adaptation" include "vulnerability", "sustainability", and "resilience". As to "vulnerability" and "resilience", "vulnerability" is used more often than "resilience". In some fields, such as environment and resources management, the occurrences of "resilience" have exceeded "vulnerability". The keyword "mitigation" is not used extensively. The administrative aspects of mitigation, like policy and governance, have received more attention than mitigation itself. In the land planning and management profession, little efforts were made before 2008. However, it's rising in two planning-related fields, regional planning and ecological planning.
Source: Journal of Emerging Trends in Economics and Management Sciences 7, pp 205 –213 (2016)More Less
This study examined the mandatory International Financial Reporting Standard Adoption in Nigeria and its effect on Foreign Direct Investment in Portfolio. Data were mainly gathered from various issues of quarterly publications of the Central Bank of Nigeria Statistical Bulletins. Analysis of data was done through the use of descriptive statistics and pair t-test analysis. Findings show that there was an initial increase in Foreign Direct Investment into the country in the year of adoption and a year after. But a decline occurred in 2014 and 2015 which can be referred to as post adoption period. It is recommended that the government should be more transparent and maintenance of security of life and property should be prioritized.
Conflict management in government hospitals in mainland local government area of Lagos State, NigeriaAuthor Ekwoaba J. OnyinyechiSource: Journal of Emerging Trends in Economics and Management Sciences 7, pp 214 –222 (2016)More Less
The health sector in Nigeria is plagued by a myriad of problems which causes conflict and the workers often employ confrontational approach in addressing these problems. The aim of this study is to identify the causes, effects and impact of conflict in the government hospitals and medical centres in Mainland Local Government Area of Lagos State, and prescribe the best strategies and mechanisms to reduce frequent occurrence of conflict base on the Traditional Theory of Conflict. A sample size of 100 respondents was randomly selected and relevant information was elicited through the aid of self-administered questionnaire and in-depth interview. The data obtained was analyzed using simple percentage. The findings revealed that, causes of conflict includes poor working conditions; poor government remuneration; non-fulfillment of promises by management and government; delay in payment of bonuses and allowances; inadequate medical facilities and infrastructures; disagreement between management and workers' representative on management style and refusal of government to implement collective agreement. It is suggested that the negative effects of conflict can be addressed by adopting appropriate mechanisms, styles and strategies of collective agreement implementation; collaboration between management and workers representatives; prompt payment of salaries as well as joint decision making between management and employees.
An assessment of the contribution of managed fund on capital market development and economic growth : the Nigerian experienceAuthor Orbunde B. BenjaminSource: Journal of Emerging Trends in Economics and Management Sciences 7, pp 223 –236 (2016)More Less
The study examines the contribution of managed fund on Capital market and Economic Development in Nigeria, aimed at measuring the extent to which Managed Funds Nets Assets Value (MFNAV) has contributed to the growth and development of capital market and economics proxy by MCAP and GDP respectively. The study employed longitudinal research, design using descriptive statistics. Regression analysis is used to test the hypothesis stated for the study. The study reveals that Managed Fund Nets Assets Value (MFNAV) has significant and positive contribution on capital market and economic growth and development in Nigeria. The study recommend that, the Securities and Exchange Commission (SEC), Central Bank of Nigeria (CBN) and Nigeria Stock Exchange (NSE) as apex regulatory bodies of the financial market should encourage the mobilization of managed fund firms such as mutual fund, Units Trust Scheme to register and participate in the financial market through investment in equities, Stock and Bonds at the Nigeria Stock Exchange in Other to increase the Net Value of managed funds and in turn contribute significantly to market capitalization and Gross Domestic Product.
Source: Journal of Emerging Trends in Economics and Management Sciences 7, pp 237 –241 (2016)More Less
This paper was designed to investigate and examine the critical constraints to real property investment in Nigeria. The study covers individual investors and practicing firms of the Nigerian Institutes of Estate Surveyors and Valuers in the country using convenient sampling method to obtain information from the respondents. Well-structured questionnaire was designed to elicit information on critical constraints to the way investors invest now in property in the country. Mean item score and regression analysis were the statistical tools used to isolate the critical factors. At the end of the regression analysis five out of fifteen factors isolated to be important at the mean item stage were found to be critical to property investment decisions by the investors. These are high cost of building materials, ownership issues- Omoonile factor, scarcity of development funds, liquidity and ease of getting the property registered with the government. The study recommends that legal system should be institutionalized to checkmate the activities of the Omoonile and also the investment climate and market environment be made conducive. Government should ease up the process and procedures involved in properties registration in the country.
Source: Journal of Emerging Trends in Economics and Management Sciences 7, pp 242 –245 (2016)More Less
The government of Nigeria has not paid special attention to Small Scale Foundries (SSFs) industry. Nevertheless, individuals and private investors are involved in producing several thousands of tonnes of castings annually generating revenue for the government through taxation as well as helping with metal waste disposal. Metal cast products are sold both locally and internationally to neighbouring countries. The industry is however faced with numerous challenges. These include access to funding from both government and private financial institutions. To promote this industry, government and private financial institutions must be encouraged to come on board. This paper has looked into the various sources of finance for the development of small scale foundry enterprises. In attempting to look at these sources, the ownership structures of foundry were highlighted. Furthermore, problems that serve as impediments to financing were also mentioned.
Making urban planning and development control instruments work for Kenyan cities : the case of the city of EldoretSource: Journal of Emerging Trends in Economics and Management Sciences 7, pp 246 –254 (2016)More Less
Urbanization is a process of town formation and growth, which is occasioned by population increase, both natural and migratory, and spatial expansion of settlements to accommodate increasing population. Urbanization process is unstoppable, irreversible, and is taking place largely in developing world. In 2003 the global urban population was estimated to be at 3 billion, while half of the world population or 3.3 billion people lived in urban areas in 2008. This number is expected to rise to 5 billion by 2030, and 80% of these urban dwellers will live in towns and cities of the developing world. Kenya is rapidly urbanizing with about 30% of the population living in the urban areas. Every year more than 250,000 Kenyans are moving to urban areas and by 2030 half of the population will be urban. Effective Urban planning and development control instruments will therefore be needed to guide rapid urbanization. Urban planning and development control regulatory frameworks are important as they provide orderly land development which is essential for efficient and equitable growth of urban areas as well as facilitating efficient land management and environmentally sound use of land. Statutory and non-statutory instruments inform urban planning and development control practices in Kenya. The paper gives an assessment of the application of urban planning and development control instruments based on the research done in the City of Eldoret in Kenya and makes recommendations for enhancing their effectiveness.