ABSTRACT This study was set out to examine the influence of owner- manager’s competences on the performance of small restaurant businesses in urban Tanzania since there are patchy empirical evidences on the same. To achieve this, criterion and simple random sampling techniques were employed to obtain a sample of three hundred, ninety two (392) small restaurant businesses from the list of all licensed small restaurants in Ilala and Dodoma district. Information was collected from owner-manage...
Abstract This study examines the insurance services sub-sectors impact on output performance in Nigeria from the period 1981-2017. Using service exports and imports as proxy for insurance services. Methodically, this study test for stationary, test for the cointegration using the EngleGranger single-equation and use the Generalized Linear Model (GLM) method to analysis the static impact. The results confirm one cointegrating relationship amongst the variables used in the study. The results a...
This paper investigated the threshold effect of financial inclusion on poverty reduction in sub-Saharan Africa (SSA). Using an annual dataset spanning 2010 to 2017, the Hansen’s estimation and Differenced generalized method of moments (GMM) methods were used to estimate the threshold level of financial inclusion that will reduce poverty and factors that influence financial inclusion respectively. The results showed that beyond a threshold level of 0.365, financial inclusion would lead to po...
ABSTRACT Man is a social as well as psychological being. He strives to interact with others while depending on them and they on him.
The relations between state and society under authoritarian rule in Africa has been described as a case of states without citizens (Ayoade 1988). The consolidation of single parties, president-for- life, extensive security establishments, widespread inequalities, and personal rule has involved the denial of the peoples' right to participate in the decision-making process and sometimes the suspension of the constitution which defined those rights. Governance has often been reduced to the pra...
This study examined the effects of external debt on Nigeria’s economic growth (2008-2017). As a guide for the study, research hypotheses were stated. The study adopted a longitudinal trend survey method using ex-post factor model. Instrument for the study was secondary data gotten from CBN Bulletins and annual reports of several years. Data were collected, coded and analyzed using Pearson Product Moment Correlation Coefficient. Analysis from the study revealed that external debt has signif...
The importance of credit demand cannot be overemphasised given its potential positive influence on individuals’ livelihood and economic growth of countries. In spite of the financial sector liberalisation in Ghana, some individuals still face financial constraints which make it difficult to cover up their spending gap. This paper investigates whether individuals’ socio-demographic and economic characteristics are important in loan demand. A simple random sampling technique was used to sel...
This paper attempts to merge the concepts and theoretical frameworks of the disciplines of Anthropology and Economics, and attempts to create a new sub-field in Economics called ‘Anthropological Economics’ which is mired in Anthropological concepts and principles and seeks to maximize not only human welfare and happiness but also wealth maximization across cultures, while considering both the psychic unity of man, universal human needs and culturespecific factors. Thus, Anthropological Ec...
The prominent role of financial inclusion in every economy—as it has been widely acknowledged as an enabler to achieving eight out of the 17 Sustainable Development Goals (SDGs) cannot be overemphasized as far as the welfare of individuals is concerned. This study estimates the effects of financial inclusion on welfare using cross-section data from 33 sub-Saharan African countries and the ordinary least squares technique is employed for the analysis. The results from the financial inclusion...
Seaport terminals are major facilitators of international trade. One issue that is very crucial to the performance and survival of seaport terminals is the quality of service provided. However, in order to enhance the quality of service provided at these terminals, it is important to know customers’ expectations and perceptions about service quality. Notwithstanding, very little is known about customers’ expectations and perceptions on the service quality of seaport terminals in Africa. T...
Developing countries, of which Ghana is no exception have actively engaged in trade openness after independence, yet, their economic growth remains low and this calls for urgent attention to address the situation. This study therefore examines the impact of trade openness on economic growth of Ghana for the period 1984–2018 taken into consideration the role quality of institutions play. The results from the autoregressive distributed lag model (ARDL) reveal that, both trade openness and qua...
This paper presents a new model for pricing OTC derivatives subject to collateralization. It allows for collateral posting adhering to bankruptcy laws. As such, the model can back out the market price of a collateralized contract. This framework is very useful for valuing outstanding derivatives. Using a unique dataset, we find empirical evidence that credit risk alone is not overly important in determining credit-related spreads. Only accounting for both collateral arrangement and credit ris...
Loan defaults continue to be a major challenge that confronts financial institutions in developing countries and this impedes their potential role in sustainable development. Given the enormity of loan defaults, policymakers have devoted much attention to the phenomenon by implementing strategies and policies aimed at improving loan repayment to avert the situation. To complement the effort of policymakers, several empirical studies have also been conducted regarding loan repayment determinan...
Abstract The paper examines the linkages between gender of household heads, education and household poverty in South East region of Nigeria between 2001 and 2017. Data analyzed were obtained from four national consumer expenditure surveys conducted in Nigeria in 2001, 2006, 2011 and 2017 by the Federal Office of Statistics. Adjustments were made for price differentials over time and across regions of the country. However, only aggregated data for households were available. Per capita exp...
A novel coronavirus (COVID-19) was identified in 2019 in Wuhan, China. This is a new coronavirus that has not been previously identified in humans. Corona virus disease, is an infectious disease that is caused by severe acute respiratory syndrome coronavirus. The COVID-19 outbreak has since spread to about 196 countries and territories in every continent. As the effects of Covid -19 are felt around the world the Real estate is being impacted in many different ways, depending on the region and...