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Abstract - Understanding Poverty in South Africa: Assessing the Twist and Turns of Measurement and Conceptual Misfit
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Abstract: To fight poverty in South Africa, one must understand the underneath causes, origin, factors and cases that make people fall into and remain in poverty. These the measurement criterion did not take into cognizance establishing a measurement and conceptual parameter for understanding poverty in the African setting. In literature, there are two main arguments to poverty measurement, unidimensional and multidimensional measurement to poverty. However, in a case where both measure seemed to evade inclusiveness, as to reason why poverty has remained transgenerational. We ask, in what ways, could poverty be reduced? What forms the basis of the relief – social grants? What are the conditions that makes people who fall into poverty from affluence remain in poverty in the country? The approach was adopted from Statistic South Africa and over 100 research papers. Results demonstrates that eighteen million individuals are under the social grant system with a population of merely over forty five million people. Millions of households and families are falling into deep poverty, and the social grant system is becoming unsustainable. This paper is a referendum on the need for a new method of understanding poverty and means through which it be approached. It also intends to demonstrate that poverty is not just a mere measure of income or consumption, but unfulfilled desires. With the intent of understanding how government can adequately conceptual poverty, thereby leading to a more realistic approach of poverty reduction. Keywords: Desire fulfilment, living standard, poverty, poverty measurement and conceptualization, poverty reduction, wellbeing. |
Abstract - Results-Based Monitoring and Evaluation and Knowledge Management Approaches in Government to Government Partnerships: The Case of the Shandong and WCG Partnership
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Abstract: Government to Government (G2G) partnerships between countries in the BRICS partnerships have significantly increased and with it, the need for more effective evidence-based decision-making. In this process, improved M&E and KM has become prominent. In this context, the study investigated the need for Monitoring & Evaluation (M&E), as well as knowledge management (KM) systems in partnerships. This study focused on the development management aspects of such partnerships and the article is based on research information obtained through the PhD study by Dr Ivy Chen as well as updated research perspectives. Keywords: Monitoring and Evaluation (M&E), G2G Partnership, Knowledge Management (KM), Evidence-based decision making, Theory of Change (ToC). |
EDITORIAL: Nexus between Financial Markets, Technology and Firm Performance in Era of Industry 4.0
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Abstract - The Sustainable Development Practices Role and Transformational Leadership: Interaction and Impact on the Financial Performance
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Abstract: The purpose of this study is to explore the direct relationship between sustainable development practices and financial performance. It also examines the moderating effect of transformational leadership approach on this relationship. Using primary data sources, this study presents a case study of the Jordanian construction industry. A survey of 290 managing directors or his appointed representative for 1113 construction companies in Jordan. Data were collected from October 2017 until April 2018. The multiple regression analysis and hierarchical multiple regression analysis are used to verify the hypotheses of this study. Analyzed data reveals a positive relationship among sustainability development factors (i.e. environmental, economic, social aspects) and financial performance. Furthermore, the result of hierarchical multiple regression has shown that the moderating effect of transformational leadership is significant only on the relationship between Environmental aspects and financial performance. Also, the transformational leadership does not moderate the impact of “Economic aspects and Social aspects” on the financial performance. This work strengthens the previous findings in the available literature as to how sustainability practices enhance the construction firms’ performance. Moreover, this study involves the moderating role of transformational leadership on the main relation which also proves and supports the existing knowledge on performance measurement and performance of organisations. This study also contributes to practical aspects, by providing contractors with insights into implementing sustainability practices and tools to measure the sustainable construction firms’ performance. Keywords: Sustainable development, Financial performance, Transformational leadership, Construction industry, Jordan. |
Abstract - Oil Price Pass-through on Domestic Inflation: Oil Importing Versus Oil Exporting Countries
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Abstract: Previous studies have evident the effects of oil price changes on domestic inflation. However, such effects may vary due to oil dependency factor. This paper extends the examination on two panel groups, namely the oil importing and oil exporting countries. Each group consists of ten countries. Besides, we also compare the relative effects of oil price with other shocks (domestic output, exporter’s production cost and real exchange rate) on domestic inflation (consumer price and producer price). Our results capture significant pass-through effect from oil price changes on domestic inflation at producer and consumer levels. However, oil price is not the main determinant to domestic inflation. The oil price pass-through effect differs between oil importing versus oil exporting groups across consumer and producer levels. Higher oil price causes to higher production price inflation but does not lead to higher consumer price inflation in both groups of countries. The oil price effect together with exchange rate, foreign cost production and GDP have significant long-run impact on domestic inflation in both groups of countries. The joint effects are small and not significant in the short-run. Oil dependency and effective monetary policy matter on determining the effect of oil price changes on domestic inflation. Keywords: Oil price pass-through, consumer and producer price inflation, monetary policy. |