Open Access Original Research Article

Achieving Inclusive Growth in Nigeria through Exports: An Empirical Investigation

Ozegbe, Azuka Elvis, Ogunlana, Olarewaju Fatai, Nwani, Stanley Emife, Onochie, Stanley Nwabuisi

South Asian Journal of Social Studies and Economics, Page 1-14
DOI: 10.9734/sajsse/2019/v3i130092

The study investigated the effectiveness of export in the attainment of inclusive growth in Nigeria. The study functionally expressed inclusive growth as a function of oil export, non oil export, investment and foreign direct investment. In order to achieve the objectives of the study, a number of literature were reviewed, however, there were empirical regularities in the literature embracing inclusive growth as critical determinant of sustainable growth. Within the context of secondary data which spanned the period 1970-2016, the study utilized econometric technique to analyze inclusive growth model. In the model, real per capita income (proxy inclusive growth) is expressed as a function of oil exports, non oil export, investment and foreign direct investment. In particular, a number of diagnostic tests were carried out on the data before estimation in order to prevent spurious results. These include the unit root test, co-integration test and vector error correction tests. The stationarity test indicated that the data were stationary at first difference, while the co-integration test suggested long run co movement among the variables. In addition, the vector error correction model indicated the relationships among the inclusive growth fundamentals. Findings from the results indicated that in the long run, the coefficients of oil and non oil exports have negative effect on inclusive growth (proxied by real GDP per capita) while investment and foreign direct investment impacted positively on inclusive growth, while in the short run, oil exports and non oil export positively and significantly influenced inclusive growth in Nigeria. This study further suggested that government should intensify policy towards stimulating oil export and promote foreign investment inflows. More so, policy thrust should also embrace diversification of the economic base from monolithic base structure to agriculture.

Open Access Original Research Article

The Implications of Emotional Intelligence on Entrepreneurial Performance: A Discuss

G. O. Oriarewo, S. A. Ofobruku, Z. A. Tor

South Asian Journal of Social Studies and Economics, Page 1-13
DOI: 10.9734/sajsse/2019/v3i130093

This study contends that emotional intelligence has repercussions on entrepreneurial performance. This investigation interrogates and affirms the link ascribing emotional intelligence to entrepreneurial performance. This investigation adopted the qualitative research method, with the use of secondary data sourced from extended and informed literature from the 1990s still date. The study applied the general theory of entrepreneurship and emotional intelligence theory as the context for textual investigation of disputes/foci that illuminated the discussion, conclusion and recommendations. Findings reveal that defective emotional intelligence has the consequence of a poor combination of competencies; the skills that bequeath on person/s the requisite ability to succeed in managing their own emotions and properly measure the emotional conditions of others and influence views towards the achievement of the organisational objectives. This is critical for better entrepreneurial performance and if not achieved inhibited entrepreneurial businesses. The recommended suggestions in this study are capable of addressing the gaps and problems identified.

Open Access Original Research Article

Awareness Level of Workers to Labour Laws in Sri Lanka

Wasantha Rajapakshe

South Asian Journal of Social Studies and Economics, Page 1-14
DOI: 10.9734/sajsse/2019/v3i130094

This study focuses on assessing the apparel sector employees’ level of awareness on labour laws who are working in the Free Trade Zones in Sri Lanka. The research was based on seven Labour Acts in Sri Lanka; Employees Provident Fund Act No.15 of 1958, Employees Trust Fund Act No.46 of 1980, Payment of Gratuity Act No. 12 of 1983, Industrial Dispute Act No.27 of 1966, Maternity Benefits Ordinance No.32 of 1939, Factories Ordinance No.45 of 1942, and Wages Board Ordinance No.27 of 1941. Data collection done through a worker questionnaire and out of 200 sample 158 were respondent. The garment factories were selected by the convenient sampling method and respondents were selected through simple random sampling method. Data analysis done through descriptive statistics and one way Analysis of Variance (ANOVA). The results show that gender and level of experience has not make a significance different among particular group of employees.  However, education and age has a significant impact on the awareness of employees on labour laws. Moreover, the Factories Ordinance showed the rate of the most wakefulness while the Maternity Benefits Ordinance showed the least awareness.

Open Access Original Research Article

Economic Development versus Social Development: In the Case of Sri Lanka

Wasantha Rajapakshe

South Asian Journal of Social Studies and Economics, Page 1-9
DOI: 10.9734/sajsse/2019/v3i130096

Aims: After the independence from British in 1948, all successive governments have operated welfare programs as a development strategy. The objective of this paper is to investigate and analyze the major food subsidy programs which are functioned until today and check their effectiveness with regards to the two meaning of development; traditional and modern meaning.

Study Design: This is survey research based on secondary data and involved an extensive literature review on the area of concern to provide an overview of the social welfare programs and economic impact of Sri Lanka. 

Methodology: For this study therefore data collected from various published sources and analyzed with descriptive statistics and presented as graphs, percentages to show the trends.

Results: It is not the attention to conclude this investigation with purely negative opinion.  However, Sri Lanka has not enjoyed sustainable health growth rate after the independence. Except for occasional booms, which had for only 2-3 years in early 1980s’. Therefore according to the traditional meaning of development, clearly Sri Lanka is a less developed country. The decades of welfare policies act as a development strategies in modern point of view.  Sri Lanka always considers as a model country.  Comparing developed countries, Human Development Index (HDI) in Sri Lanka has a higher rank.  Is that mean Sri Lanka is a developed country?  According to the two doctrine, development is not only economic growth but also human development. It is essentially a mix tasks. Therefore, Sri Lanka Experience confirm that the fact that neither purely welfare policies nor even growth oriented policies supported by welfare programs can be a substitute for more upfront institutional measures for overcoming poverty and inequality and development of a country.

Open Access Review Article

Documenting Faith-Development Trajectory in Africa: Contributions and Contestations

Olajire O. Olutola

South Asian Journal of Social Studies and Economics, Page 1-14
DOI: 10.9734/sajsse/2019/v3i130095

This article focuses on faith and work particularly in Africa. It highlights the important role of faith-based organisations in development. Specifically, it reviews the history of faith-based social provisioning; however, particular attention is devoted to the contributions of faith-based organisations towards enhancing delivery of social services to the disadvantaged and vulnerable people in Africa. To compliment the foregoing, a comprehensive review of existing relevant literature on achievements and contradictions attributed to faith-based social provisioning is examined.  In short, this article concludes that Faith-based Organisations, in line with their myriad social and developmental activities have become a veritable institution that caters for the vulnerable and disadvantaged people, particularly in remotes areas and societies where expenditure on public services has been cut by the governments.