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The analysis of the economic relationship between China and Australia
Full text linkAustralia's economy has been significantly influenced by the economic relationship it shares with China for the last twenty years. China’s rapid expansion and appetite for natural resources have powered Australia through an export-led boom, propelling it into uncharted territory of booming wealth. But in reality, relations have experienced major bobs and weaves under recent Australian governments, with trade wars and diplomatic parries. This article looks at the complex reality of the Australia-China relationship, with China being Australia's biggest trading partner and its impacts reaching into sectors such as mining, agriculture, and services. It examines trade flows, investment trends, and strategic collaborations, highlighting areas of mutual gain, ranging from market access to tech cooperation and risks such as supply chain exposure and geopolitical volatility. Drawing on quantitative trade data, policy reviews, and economic forecasts, the analysis underscores China's indispensable influence on Australia's GDP, employment, and fiscal stability. Ultimately, the study advocates for pragmatic diplomacy to mitigate risks while maximizing benefits, offering policymakers a roadmap for sustainable economic interdependence in an era of global flux
Analysis of trade in Nigeria: The role of remittance inflows and tourism
Full text linkThe importance of trade in stimulating the overall production of goods and services cannot be overemphasized across the world. Trade is crucial in an economy in terms of income generation, job creation, improvement in consumption, and poverty alleviation. Apart from the significant contributions of trade to overall growth, tourism and remittance inflows to Nigeria can be relevant in explaining the dynamics of trade. Unfortunately, the effects of tourism and remittance inflows to the Nigerian economy on trade are yet to be documented in the existing literature. Therefore, this study focuses on how the aggregate effects of tourism and remittance inflows to Nigeria influence trade in the country. The objectives of this research were adequately achieved through the support of the Ordinary Least Square (OLS) estimator and time series data spanning from 1981 to 2021. The outcome of the study revealed that tourism and remittance inflows to the country have a positive and significant impact on trade. Based on the results, it is evident that tourism and remittance inflows to Nigeria are veritable channels in encouraging trade in the country. The study recommends that the government promote policies supporting remittance and tourism to achieve maximum trade performance in Nigeria through legislative instruments
ESG Rating and Firm Performance of Indonesian LQ45 Listed Companies: The Role of Female Commissioners
Full text linkThis study examines the impact of environmental, social, and governance (ESG) ratings and governance mechanisms on a firm's performance. The purpose of this research is to also analyze the impact of governance mechanisms on ESG. This research employs a sample of LQ45 listed companies in Indonesia from 2020 to 2023, generating 100 panel data units from 25 companies, which were analyzed using random-effects GLS regression. Documentation was used for data collection. The results indicate that ESG ratings do not provide significant evidence of influencing firm performance as measured by return on assets, return on equity, and earnings per share. The presence of a board of directors with several meetings can negatively affect firm performance. A notable finding of this study is the positive and significant impact of the female board of commissioners' composition on the firm's performance, as measured by return on assets and return on equity. The proportion of female board members also significantly impacts ESG ratings. However, only company size can significantly affect EPS. This study suggests that a female board of commissioners has a positive impact on firm performance and ESG ratings. This study extends the upper echelon theory by proving that gender diversity on boards of commissioners plays a significant role in improving a company's financial performance and ESG rating. This study highlights the role of female commissioners on ESG and company performance, emphasizing the importance of gender diversity in boards of commissioners
Industrial policy and diversification in the economic development of Kazakhstan
Full text linkThis paper explains the role of industrial policy and diversification in Kazakhstan. The oil and gas sector has led Kazakhstan’s economic growth. Kazakhstan’s economic growth rate has been mediocre compared with its neighbouring countries. The government pursued market-based reform, privatization, and diversification. Although it has emphasized developing agriculture and manufacturing, development in sectors other than oil and gas has not been apparent. The dominance of the extractive sector suggests the existence of the Dutch disease. After explaining industrial policy measures, this paper evaluates the role of government policy and provides policy implications for developing countries. Although the government has tried to diversify from a heavy reliance on the oil and gas sector to the agricultural and manufacturing sectors, the diversification strategy has been unsuccessful overall. Kazakhstan’s government must pay more attention to improving human capital and raising R&D expenditure. Active government policy is needed to diversify FDI inflows by sector. The government must clarify the objective of SME promotion and fiscal incentives must be finely targeted, considering industrial policy objectives. Clusters must be closely related to the overall direction of the industrial policy. The government must establish other infrastructure that may attract foreign investors to value-added industries
The leadership development model influencing drug prevention management and performance of schools under the local administrative organization
Full text linkThis study employs a mixed-methods approach, combining quantitative and qualitative research methodologies to investigate the dynamics of leadership, management, and performance in the context of drug prevention within schools under local administrative organizations. The research pursues three main objectives: (1) to examine the key elements of leadership, management, and performance related to drug prevention in these educational institutions, (2) to analyze the direct, indirect, and combined influences of leadership on the management and performance of drug prevention efforts, and (3) to formulate policy recommendations for influential leadership development models tailored to enhance the management and performance of drug prevention initiatives. Quantitative data were collected from 400 personnel within educational institutes under the Sisaket Local Administrative Organization, utilizing stratified random sampling and a questionnaire with a high-reliability score of 0.978. Concurrently, qualitative insights were from 12 purposively selected educational institutes in the same administrative context through the focused group. The analytical toolkit included frequency, percentage, mean, standard deviation, structural equation analysis, and content analysis. Key findings indicate the appropriateness of utilizing trait-based, behavior-based, and situational leadership alongside Principles of management to construct a comprehensive structural equation model. The performance emerges as primarily influenced by Principles of management, all statistically significant at 0.01 level. In terms of policy suggestions, the focus centers on fostering a knowledgeable and collaborative team, developing leadership skills through cooperation, and creating an organizational culture that supports learning and development. This integrated leadership development approach is the picture to significantly impact the effective management and prevention of drug abuse in schools under local administrative organizations
Requirements for information technology application competence for Vietnam agro-forestry students in the time of the 4th technology revolution
Full text linkThe professional work of today's agricultural and forestry engineers is changing dramatically under the impact of the 4th industrial revolution. In that context, the competence to apply information technology (IT) is one of the core and significant competencies. Therefore, in order for training products to meet the needs of society, one of the problems that training facility for agriculture and forestry industry need to solve is to clearly identify the basic requirements for agro-forestry graduates to meet the basic requirements of IT application competence. Based on theoretical and practical research on the IT application competence of each job position and the trend of employment change in the 4.0 period, the article presents the levels of IT application competence in the agro-forestry industry. On the basis of test results and opinions of experts and employers, the article has proposed the components and required levels of IT application competence for agro-forestry students. The research results, in addition to providing information on the current state of students' IT application competence, are also a good reference source for agro-forestry training institutions to set learning outcomes, develop training programs, and innovate new training methods to promptly provide high-quality human resources for the agro-forestry industry in the context of the 4th industrial revolution
The need for values education programs for both pre-service teachers and in-service teachers in Vietnam
Full text linkThis paper investigates the perceptions of pre-service teachers and in-service teachers regarding the concept of 'values education' and the preparation of values education in professional programs in Vietnam. Furthermore, the pedagogical strategies employed by teachers in addressing values education situations in their classrooms are explored. A qualitative research design was employed, involving interviews with forty-three pre-service teachers from a university. Additionally, eighteen teachers from two different high schools were interviewed, and their teaching sessions, along with school assemblies, were observed. The findings reveal that values education is primarily understood as the instruction of living skills and moral education. There is a lack of conceptualization and knowledge regarding values education among the participants. Both pre-service teachers and in-service teachers did not receive formal values education programs during their university education, and the support provided by schools in this regard was limited. Teachers tended to integrate values education into subjects randomly and subjectively, without employing advanced strategies. Inconsistencies in implementation and challenges associated with teaching values were observed. Highlighting an urgent necessity, this article emphasizes the imperative need for values education programs tailored for both pre-service and in-service teachers in Vietnam. It underscores the significance of adequately equipping teachers to effectively address values education in their classroom
Assessment of the prevention and problem solving of drug problem with participation in schools under the local administrative organization in Sisaket province
Full text linkThe objectives of this research were (1) to assess the suitability and feasibility of participatory approaches for the prevention and solution of drug problems of schools under Sisaket Provincial Administrative Organizations and (2) to create a consensus proposing a leadership development model that influences driving effectiveness, management and performance on drug prevention of schools under the local government organization. The informants were the study administrators and teachers who were responsible for prevention and correction drug problem of school, each group of 5 people, and the total of 10 people, obtained by purposive selection. The research instrument was a semi-structured interview. The interviews were conducted during January to March 2023. The research results showed that (1) Participatory approaches for the prevention and solution of drug problems of schools under the local administrative organizations in Sisaket Province of every created item had a suitability assessment at a level higher than the specified criteria and the possibility of implementing the guidelines; and (2) leadership development model that influences management and results of drug prevention operations in schools under the local government organization can be summarized in 5 issues: (1) raising awareness and education (2) developing communication skills (3) building trusted teams (4) being a good role model, and (5) self-reflection and assessment
Can Photographs in The Sustainability Report Obfuscate Negative Environmental Issues? Evidence from Indonesia
Full text linkThis study aims to discover the motivation for and use of photography in sustainability reports. This study examined 267 photographs from PT Freeport Indonesia’s (PTFI) sustainability report using a content analysis approach. Photographs were interpreted according to the impression management theory. The number of environmentally related photographs had decreased, and they were displayed the least. The predominance of photographs of social activities was allegedly used by PTFI to obscure or cover up its poor environmental performance. In comparison to places and objects, photographs of people were displayed the most. Repeated images of happy people’s expressions were used as a visual rhetorical impression management technique that tapped into readers’ emotions to enhance the company’s image and legitimacy. This research has implications for companies to be more transparent in disclosing photos related to environmental issues. The social implication of this research is that people have to be more careful and critical, not just take the impression of the photos conveyed by the company. The findings of this study enlighten and raise awareness that photographs in sustainability reports are used as rhetorical and impression management tools to boost image and legitimacy
Brand Image Determination, Price Perception, and Brand Trust in the Purchase Decision of Low Cost Carrier Airlines in Indonesia
Full text linkThe main objective of this study is to examine various factors that affect the consumer decision-making process when purchasing tickets from low-cost airlines in Indonesia. This study focuses on analyzing the influence of three main factors, namely brand image, price perception, and trust, on the final purchase choice. This study uses a quantitative methodology, using primary and secondary data sources. Primary data was obtained by providing questionnaires to low-cost carrier users to get a direct perspective from customers. This study shows that trust, price perception, and brand image are important variables influencing consumers’ decisions to buy low-cost carriers in Indonesia. The study’s findings show that LCC customers’ purchasing decisions are significantly influenced by their perceptions of brand image, trust, and pricing. Customers are more inclined to select airlines they believe to be dependable and safe, therefore trust is an important consideration. Another important factor is price perception, which shows how customers react to competitive pricing that matches the value they anticipate. Airlines that successfully create a green brand image and keep prices competitive can stand out in the market as consumers’ awareness of environmental issues grows. Empirical evidence from this study suggests that incorporating sustainability into business strategies may appeal to the increasing number of environmentally conscious consumers. Finally, airlines who are effective in creating a positive brand image stand out in the competitive low-cost carrier (LCC) sector, demonstrating the importance of brand image as a decision driver