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Journal of Reviews on Global Economics

The Politics of Youth Participation in Social Intervention Programmes in Ghana: Implications for Participatory Monitoring and Evaluation (PM&E) Pages 913-925

 

Evans Sakyi Boadu and Isioma Ile

DOI: https://doi.org/10.6000/1929-7092.2018.07.89

Published: 10 December 2018  


Abstract: Participatory monitoring and evaluation (PM&E) in project evaluation has gained impetus in recent literature. This paper interrogates youth participation in intervention programmes in Ghana with special reference to Local Enterprise and Skills Development Programme (LESDEP). With the aid of primary and secondary data, this paper unpacks the questions around programme target beneficiaries, their mode of participation and the impacts of current models on PM&E. The study reveals the key constraints of youth participation in PM&E, the evolving disapproval of the top-down approach while probing into the existing opportunities. The case study reveals that youth intervention programmes in Ghana are not only confronted with uncoordinated and overlapping ministries, department and agencies, but also there are power dynamics between stakeholders, in particular, target beneficiaries and programme implementers. The elusive intersection between beneficiaries and the implementing agency impacted negatively on the programme sustainability. The poor PM&E in youth intervention programmes in Ghana is a key reason that has hampered mainstream socio-economic development. The key lesson to be drawn from the case study is the need for matching perspectives of PM&E as well as a recognition and management of power disparities between target beneficiaries and programme implementers. Thus, realizing desired programme objectives will require a different approach to structuring, implementing and monitoring of youth intervention initiatives in Ghana.

Keywords: Evaluation, Intervention, Monitoring, Participation, Youth.

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Journal of Reviews on Global Economics

Improving the Competitiveness of Nigerian Deposit Money Banks through Business Process Re-Engineering Pages 926-933

 

Ann I. Ogbo, Emmanuel Y. Attah and Wilfred I. Ukpere

DOI: https://doi.org/10.6000/1929-7092.2018.07.90

Published: 10 December 2018  


Abstract: This work sought to determine the impact of business process re-engineering on the competitiveness of deposit money banks in Nigeria. The specific objectives assessed the nature of the relationship between corporate restructuring and competitive advantage, whilst examining the extent and nature of the relationship between innovative rethinking and market share, and establishing key barriers to business process re-engineering in money deposit banks in Nigeria. The study comprised a population of 17977, which included staff at both junior and senior levels of the deposit money banks in the North Central Zone of Nigeria. The study used a sample size of 504 respondents, which was derived from the population, using the Freund and Williams Sampling formula. Hypotheses testing was conducted by using the Pearson Product Moment Correlation Coefficient for hypotheses one and two, and the Z-test for hypothesis three. The findings revealed that corporate restructuring and competitive advantage had a positive relationship; there was a significant positive relationship between innovative rethinking and market share; and resistance to change and poor project management were key barriers to business process re-engineering in money deposit banks in North Central.Based on the findings, we conclude that properly implemented business process re-engineering is a strategy, which is required to improve banks’ competitiveness and to gain competitive advantage, whilst leveraging on the economies of scale. It is recommended that management teams that are restructuring their operations should not merely do so because their business is failing and hence needs restructuring, but should instead do so to improve their competitiveness and financial standing.

Keywords: Business process re-engineering, Competitiveness, Restructuring, Quantum leap.

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Journal of Reviews on Global Economics

Why do Generation Y’s Share Viral Advertisements? Implications for the Sustainability of a Business Pages 934-945

 

Nkosivile Welcome Madinga and Eugine Tafadzwa Maziriri

DOI: https://doi.org/10.6000/1929-7092.2018.07.91

Published: 10 December 2018  


Abstract: In the past few years, social networks have become one of the most popular communication platforms for both individuals and businesses. Generation Y consumers tend to spend a significant amount of their time on social networks. Hence, they are known as digital natives. Through social networks, generation Y consumers are empowered to share business or brands’ advertisements with their friends. Therefore, helping businesses to attract more customers and grow. As such, the purpose of this study is to determine the motivation behind the sharing of online adverts among friends on social networks by generation Y consumers. Focus group interviews were used to collect data from 83 participants. All interviews were documented and transcribed while analysis was based on themes. The findings reveal that individuals prefer sharing advertisements they consider informative and entertaining. The results also indicate that individuals are influenced by egocentric motives such as gaining status by being the first person to share the ad. The mood of the individual when receiving the ad also plays a role in sharing of viral adverts. Lastly, individuals enjoy sharing advertisement from reputable advertisers. The recommendations, managerial implications and limitations of the study have been outlined.

Keywords: Viral advertisement, social media networks, generation Y, e-word-of-mouth.

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Journal of Reviews on Global Economics

Stability of Money Demand in the Russian Economy after the Global Financial Crisis of 2008-2009 Pages 946-952

 

Evgenii V. Gilenko

DOI: https://doi.org/10.6000/1929-7092.2018.07.92

Published: 10 December 2018  


Abstract: Existence of a favorable socioeconomic climate is now considered as a key factor of the long-term economic growth of a country. This is specifically true for the emerging economies in the modern global economic environment. For the Russian economy which has been facing economic sanctions from the part of Western countries, creation and maintaining of such climate is a crucial issue of survival. From this perspective, the efforts applied by the Bank of Russia and the Russian government were aimed at stabilization of the economy and creation of an attractive economic environment in the country. This paper studies the conditions under which this policy was carried out in 2011-2017. This study specifically focuses on one of the key aspects of success of such policy – stability of the money-demand function (MDF) in the Russian economy. The presence of such stability is studied using the cointegration analysis, and the type of relationship between national income and money demand is also identified. The findings of this research speak in favor of existence of a stable MDF in the Russian economy of that time. Thus, based on the Russian case, the paper’s contribution is empirical demonstration of the importance of MDF stability for success of monetary policy which is in line with the extant literature.

Keywords: Money-demand function, socio-economic climate, inflation targeting, cointegration analysis.

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