Open Access Original Research Article

Poverty Menace and Social Economic Nexus in Nigeria: A Bound Test Approach

Nwani, Stanley Emife, Ozegbe, Azuka Elvis, Onochie, Stanley Nwabuisi

South Asian Journal of Social Studies and Economics, Page 1-14
DOI: 10.9734/sajsse/2018/v2i429624

Nigeria has recorded variations in major macroeconomic variables since independence. Growth episodes over the years though encouraging put has not translated to improvement in poverty incidence. The rate of poverty in the nation has out-grown population growth, hence, this study seeks to relate various sectors of the economy to the perturbing poverty level in the nation with emphasis on the social sectors in which health and education play integral roles. This study examines poverty and social economic mix in Nigeria with the objectives of ascertaining the partial impacts of productivity (as a measure of health outcome), public social expenditures, agricultural output, manufacturing output and infrastructural development on poverty incidence, the study collected secondary annual time series data spanning 37 years from 1981 to 2017 on poverty index (PVTI), productivity due to good health (HP) and other explanatory variables as earlier identified. The pre-estimation techniques adopted include descriptive statistics, Phillips-Perron stationarity test and bounds test to co-integration. The preliminary result reveals that the variables in the model have long run relationship. The parameters of the model were estimated using the ARDL technique and the study found that productivity due to good health (HP) has significant effect on poverty reduction, as public social expenditures, current period’s agricultural output and previous period manufacturing output have similar effects but not statistically significant, however, infrastructural development and current manufacturing output have significant positive impact on poverty incidence in the country. On the basis of our empirical revelation, the study recommends that government should adopt multi-sectoral and big push development approaches with priority on employees’ productivity through free health care programmes for the unemployed, quality health insurance scheme for the employed, free education for children of the poor and unemployed, and that investment in critical infrastructures such as roads, rail, energy and storage facilities that promote agriculture and manufacturing outputs be improved upon if poverty is to be decisively tackled in Nigeria.

Open Access Original Research Article

Corruption, Financial Statement Fraud, and Business Failure in Nigeria

Temple Moses

South Asian Journal of Social Studies and Economics, Page 1-10
DOI: 10.9734/sajsse/2018/v2i429627

This research paper investigated the role of corruption and financial statement fraud in business failure in Nigeria. Data for the study was collected through the issuance of a structured questionnaire to professional accountants and auditors and analyzed using descriptive statistics and the OLS method of multiple regression analyses. The results of the analyses showed a positive relationship between the prevalence of corruption and the phenomenon of business failure as well as a positive relationship between financial statement fraud and business failure in Nigeria. From the findings, it was concluded that corruption increases the risk of business failure by causing an increase in the cost of doing business. It was also deduced that the menace of financial statement fraud significantly increases the risk of business failure. Thus, a reduction in institutional corruption will have a considerable effect on the ability of businesses to survive and thrive. It is recommended that the government take serious measures to curb the problem of corruption to guarantee safe economic environment for businesses to navigate. It is also recommended that regulators take proactive measures to reduce the incidences of financial statement fraud perpetrated in the country.

Open Access Original Research Article

Human Resources Management in Government: Case study of Vietnam

Do Phu Hai

South Asian Journal of Social Studies and Economics, Page 1-13
DOI: 10.9734/sajsse/2018/v2i429629

This article is represented for a case study about human resources management in government of Vietnam. The research objective is to assess the existing system of human resources management in government of Vietnam and find out the direction of human resources management in government. The research demonstrated a moving from the existing system to the professional system from internal weaknesses and external challenges of the human resources management in Government of Vietnam. A combination of career based system and position based system is the right strategy for Vietnam as well as developing countries. Key elements of position based system and new public management should be adopted with a best practice of competency based human resources management framework which is very productive for Vietnam and developing countries.

Open Access Original Research Article

Redistribution Activities of Distributors in the Brewing Industry in an Emerging Economy

Charles Adusei, Isaac Tweneboah-Koduah

South Asian Journal of Social Studies and Economics, Page 1-10
DOI: 10.9734/sajsse/2018/v2i429969

The decision about marketing channels selection is critical as it ultimately affects the other supply chain activities of any business. The purpose of this study was to examine the redistribution role of distributors in the brewing industry. The study employed a survey using a single case study from the perspective of retail outlets. The study revealed that availability and visibility of brands increased brand penetration coupled with effective coverage and management of sales territories by the distributor. The outlets indicated that getting all the empties for their purchase of products was a challenge. The study suggests that distributors must be accountable and ensures flawless sales force coverage and effectiveness to avoid out-of-stocks situations. Manufacturers must intensify their trade and consumer promotions concurrently to really connect the push and pull aspect of distribution.

Open Access Original Research Article

Perception of Elderly towards Social Security Allowance in Nepal

Indra Malakar, Hom Nath Chalise

South Asian Journal of Social Studies and Economics, Page 1-9
DOI: 10.9734/sajsse/2018/v2i430008

With the worldwide increase in life expectancy, insecurities in life are increasing generally to old aged people which have never been known before. Universal Old Age Allowance distributed in cash to the elderly 70 years and above is the main social security system provided by Nepal Government to the Nepalese elderly. The main objective of this article is to explore the perception of the elderly on old age allowance in Nepal. This study has used both quantitative and qualitative data for the study purpose. Data for this purpose was gathered from Kirtipur Municipality of Kathmandu district. Total sample was 47 senior citizens receiving Social Security Allowance. For the qualitative purpose few case studies were also included.

Mean age of the respondents was 77.21 (±4.73) years. Age ranged from 70 years to 96 years. 55.3% of the participants were female, 65.9% of the participants were illiterate. This study found Old Age Allowance (OAA) is the main source of income of the elderly and this money is used for multiple purposes: buying daily consuming food and clothes (87.2%), health related expenditure (51.1%), with offspring (14.9%) and travelling (6.4%). This study found 61.7 percentage of the elderly expressed that the old age allowance was insufficient. Further, receiving OAA was not easy as they have to wait for a longer period to receive such benefits in the office, irregularities from government to provide such allowance on time. People who were satisfied from this allowance reported it was an honour from government and they can use this money on their own.

This finding based on sample of small population cannot be generalized to whole population but the issues explored in this study may give some idea how elderly allowance is perceived in Nepal. A detailed in depth study related to OAA is required and government should take some initiative for the better management of OAA with alternative way other than cash which leads to sustainability of the program.