Current Issue : October-December Volume : 2025 Issue Number : 4 Articles : 5 Articles
This paper explores the impact of COVID-19 on remittances, investments, and household consumption in Ghana. The results indicate that workers’ remittances decrease poverty and increase household consumption in areas deemed appropriate for growth in families, especially healthcare, education, and entrepreneurship. Moreover, the findings reveal that the workers’ remittances satisfy the anticipation and the belief of decreasing poverty, increasing healthcare services, and magnifying incomes at household levels in times of economic disturbances and setbacks. Nevertheless, because of the economic calamity and setback created by the COVID-19 pandemic and shutdown, global remittances are expected to decrease dramatically by around 20 percent in 2020. Remittance flows to the nations are projected to decrease by 23.1 percent to hit $37 billion in 2020 due to the COVID-19 calamity, although a rebound of 4 percent is expected in 2021. Therefore, the government must grant blossoming and maturing insurance plans and strategies, that can permit and inspire the remittance-receiving households and folks to put their assets to superb and environmentally friendly uses, so that in times of economic crisis where the migrants are unable to remit money to them, their families will not suffer and be disadvantaged. Quick initiatives that make it less complicated to remit and receive remittances must be supplied to furnish the much-needed assistance and support to the migrants and their respective families. Furthermore, the authorities must generate and establish economic establishments with cheap transfer assistance and favor for convenient flow of remittance that would not only facilitate transparency but also the vanishing of treasured income when remitting via unlawful means. Also, the government must join forces with other investment institutions such as banks to implement systematic initiatives and strategies to allow migrants to become investors....
To meet the growing demand for sustainable aquaculture, the biofloc technology (BFT) system has emerged as a promising solution, offering high productivity, improved water use efficiency, and enhanced environmental and biosecurity performance. Economic and risk analyses are essential tools for identifying the key technical and economic factors that determine the profitability and long-term sustainability of aquaculture systems. This study aimed to evaluate the economic feasibility and the risk associated with Nile tilapia juvenile production in a BFT system. Economic viability indicators were calculated using real data on capital investment, operational costs, and zootechnical performance from a production cycle. Scenario analyses were conducted to assess the effects of fluctuations in input prices and survival rates on overall economic outcomes. Stochastic simulations were also conducted to determine the probabilities of economic results. The items with the greatest impact on costs were the acquisition of the greenhouse and fingerlings, representing 27.64% of the initial investment and 33.24% of the operating cost, respectively. The BFT system showed a positive net margin and profitability per production cycle, with the exception of the pessimistic scenario. The risk analysis demonstrated that in 87.29% of the simulations resulted in a positive profit. Thus, the production of tilapia juveniles in a BFT system is an economically viable investment. However, its success is contingent upon specific technical and market conditions, underscoring the need for careful management and context-specific planning....
Entrepreneurship has emerged as a critical factor in the development of human capital, employment creation, and economic growth in the contemporary era. The critical role of entrepreneurship in promoting innovation and expansion is underscored by the fact that the success of large-scale initiatives frequently depends on innovative ideas. Entrepreneurship is a critical catalyst for the development of human capital and economic expansion due to the synergy that exists between entrepreneurial spirit, market access, and innovative ideas. This study employs the Granger causality analysis of Toda and Yamamoto (J Economet 66:225–250, 1995) to analyze data from 2005 to 2023, with the objective of determining the impact of entrepreneurship on economic development in the Kingdom of Saudi Arabia. The results indicate that entrepreneurship, as evidenced by the rise in the number of entrepreneurs in Saudi Arabia, has a substantial influence on both economic and social dimensions, thereby promoting sustainable development. The increase in entrepreneurial activity is consistent with established economic theories and prior empirical studies, thereby illustrating its function as a catalyst for economic growth and sustainability. The significance of cultivating a supportive environment for entrepreneurship to realize its maximum potential in promoting sustainable and inclusive economic development is emphasized by these findings. The research offers valuable insights for policymakers and stakeholders who are seeking to utilize entrepreneurship as a strategic instrument to achieve national development objectives in Saudi Arabia and beyond....
The study examined the influence of foreign aid on foreign direct investment (FDI) in upper-middle-income economies using panel data (2011–2021) analysis methods such as two-stage least squares (2SLS) and systemGMM(generalized methods of moments). The study also explored if human capital development enhanced foreign aid’s influence on FDI in upper-middle-income economies during the same timeframe. The conflicting, divergent, and mixed results and views on the relationship between foreign aid, human capital development, and foreign direct investment (FDI) motivated the undertaking of this study to fill in the existing gaps. Apart from FDI enhanced by its own lag, foreign aid significantly improved FDI (under system GMM). FDI was also improved significantly by human capital development across all two panel methods. Under 2SLS and system GMM, foreign aid significantly improved FDI through the human capital development channel. To promote FDI inflows, upper-middle-income economies should develop and implement policies aimed at attracting foreign aid and enhancing the development of human capital. The study suggests that further research on threshold regression analysis on foreign aid–FDI nexus in upper-middle-income economies could better help develop an FDI policy that is beneficial toward economic growth....
This study investigates the impact of tokenomics and the integration of blockchain technology on China’s digital economy, focusing on how blockchain adoption influences traditional business models. As China becomes a global leader in digital transformation, understanding the role of the blockchain in economic modernization is critical. The aim of this research is to quantify the effects of blockchain adoption on key economic indicators such as GDP growth, investment levels, and business innovation. Using panel data analysis and regression models, this study provides empirical evidence on the positive correlation between blockchain integration and improved economic performance. Key results reveal that a 1% increase in blockchain adoption is associated with a 0.3% rise in GDP growth, while tokenization contributes significantly to investment levels and business innovation. These findings emphasize the transformative potential of the blockchain in enhancing economic stability, increasing liquidity, and fostering new business opportunities. In conclusion, this research highlights the critical role of the blockchain and tokenomics in driving economic modernization in China, offering valuable insights for policymakers, business leaders, and investors aiming to leverage digital technologies for sustainable growth. Future research should explore the broader global implications of blockchain adoption and tokenomics in emerging markets....
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