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Attainment of Economic Growth in Developing Countries: A Comparative Analysis of Foreign Direct Investment Inflows in Ghana and Nigeria
Get PDFThis study assessed the nexus between foreign direct investment and economic growth in Ghana and Nigeria over the period of 33years (i.e 1990-2022). It uses secondary source of data. The variables such as foreign direct investment, control of corruption, government effectiveness and real gross domestic product (proxy of economic growth) were employed in the study. The data were collated from World Development Indicator, 2023. The techniques such as descriptive statistics, correlation analysis, co-integration test, and Autoregressive Distributed Lag (ARDL) were conducted to analyze the data. The results of ARDL show the presence of short run interaction between foreign direct investment and real gross domestic product of Ghana while the result of long run interaction is inconclusive. However, long run relationship exists between foreign direct investment and real gross domestic product of Nigeria. As a result, the short run disequilibrium is corrected in the long run at 1% as reported by ECM. The study concluded that the relationship between foreign direct investment and economic growth in Ghana is found in the short run while that of Nigeria exists in the long run. It was therefore recommended among others that Ghanaian government should keep creating conducive environment for business and formulate favourable investment policy to attract investors into the country. In Nigeria, the policy makers should lessen the stringent conditions of property registration and tax payment as pointed out by the World Bank. This will help to create better atmosphere for businesses, thereby increasing the volume of the FDI inflows into the country
A Study on the Legal Guarantee Mechanisms for Financial Market Integration in the Greater Bay Area
Get PDFAmid the competitive landscape of global financial markets, the integration of financial markets within the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) emerges as a cornerstone strategy for regional economic advancement. This paper delves into the legal mechanisms underpinning such integration, including cross-border financial regulatory coordination, a unified legal framework for financial regulations, robust financial dispute resolution mechanisms, and enhanced measures for financial consumer protection. The research examines current policies and legal literature to propose actionable pathways for constructing effective legal guarantees. These guarantees are envisioned to fortify trilateral financial regulatory collaboration, mitigate legal conflicts, and enhance resource allocation efficiency while bolstering market stability. Ultimately, the findings underline the indispensable role of legal support in establishing the GBA as a global financial powerhouse
Microfinance Bank Interest Rate and Performance of Small and Medium Size Enterprises in Oyo East Local Government Area
Get PDFSmall and Medium-sized Enterprises (SMEs) are recognized drivers of economic growth, job creation, and poverty reduction. This study investigates the statistical relationship between Microfinance Bank (MFB) interest rates and the financial performance of SMEs in Oyo East Local Government Area. The study employs regression analysis to assess the impact of MFB interest rates on SME financial viability and growth. The study finds that there is a statistically significant impact, with interest rates serving as predictors for SME financial viability and growth. The study concluded that there are critical relationship between Microfinance Bank interest rare and organizational performance of SMEs
The Strategic Value behind Revolutionary Art: The Trend Analysis of Studying Chinese Military Thoughts From Mao Zedong’s Poems in the United States
Get PDFRevolutionary art has long been a powerful medium for expressing political ideologies, inspiring movements, and shaping societies. The study of Mao Zedong’s military thought through his poems is a new trend in American academic circles, which, from the 1930s till now, first focused on military aesthetic research on the heroism of the “struggle and revolution” of Mao’s poems. Now, the research trend of the American academia can be summarized into two themes: military strategic interpretation represented by Dragon in Ambush: The Art of War in the Poems of Mao Zedong, and the contemplation of military philosophy in Mao’s poetry within the context of the communist revolution in China. These three perspectives have been closely linked to the evolving international landscape and historical developments in Sino-US relations
Prospects and Challenges of Technology Enhanced Language Learning: Teachers Perspectives
Get PDFThis study explored the integration of Technology Enhanced Language Learning (TELL) from the perspective of language teachers, motivated by the increasing role of digital tools in education and the need to understand their practical impact. The purpose was to investigate the perceived benefits, challenges, and influence of teachers’ attitudes and proficiency with educational technology on TELL adoption. Employing a descriptive research design, the study surveyed 50 language teachers from primary and secondary schools using a structured questionnaire. Key findings revealed that a significant majority of teachers recognized benefits such as increased student engagement (76%) and improved access to resources (66%). However, challenges like frequent technical issues (50%) and inadequate training (44%) were prevalent, affecting their willingness to use technology. Furthermore, the study found that teachers’ confidence in their technological skills varied, influencing their adoption of TELL tools. The study concluded that there is need for targeted professional development and improved technical support to enhance technology integration in language teaching. Recommendations included implementing more practical, hands-on training programs and ensuring reliable access to technological resources to support effective use. These steps are essential to maximizing the benefits of technology in language education and overcoming barriers that impede its successful integration
Caribbean Narrative Genre and Its Pertinent Contemporary Literary Traumatic Avant-Gardism in Caryl Phillips’ Writings
Get PDFThis paper attempts to unravel the characteristics of Caribbean literature through some vernacular works. In this respect, it will trace the historical, cultural, psychological, and social attributes of Caribbean literature. These will be accentuated as the core conceptual consideration of the Caryl Phillips’ writings which reflect the true sense of vernacular style. Such style copes with the recent avant-garde literary genres, especially the novels, which have profound impact on the way by which readers perceive the implied narrative nuances of contemporary literature that deals with traumatic experience. The discussion sheds light on the latent peculiarities of the Caribbean literature and how it is projected in the course of the narrative genres. In doing so, the study reveals the traditional and contemporary writings modes utilized by Caribbean novelists including Phillips. Such modes provide the readers with stereotypical notions about the function of narrative literature and its influence upon the audience concerning trauma. Therefore, the study’s methodology will be a textual description of contemporary Caribbean literature and some related novels by Phillips.
The Artistic World of Russian New Realist Writer Roman Senchin
Get PDF“New realism”, emerging at the turn of the 20th and 21st centuries, stands as a significant literary movement within contemporary Russian literature. Its inception occurred in a culturally diverse and liberated milieu, targeting reviving critical thinking and meaning-seeking within the realm of traditional realism poetics. This all-encompassing literary trend incorporates diverse avant-garde techniques, including elements of postmodernism, all while maintaining a foundation in the principles of realism. Roman Senchin, a representative writer of Russian “New Realism”, epitomizes the creative ideas and aesthetic features inherent in this movement. Senchin’s narratives are crafted through autobiographical writing and the portrayal of the ebb and life stream. This article provides a concise overview of Senchin’s thematic presentation, character portrayal, and artistic expression, shedding light on the creative style and literary aspirations of ‘New Realism’ as exemplified by Senchin
Research on the Training Mode of Film and Television Media Talents in the Context of the Integration of Industry and Education
Get PDFThe rapid development of a new generation of information technology such as big data, Internet of Things, and artificial intelligence has driven the transformation and upgrading of the global film and television media industry, and has continuously put forward more and more updated requirements for its practitioners. Taking the integration of industry and education as the background, this paper studies the training mode of film and television media talents in colleges and universities, and puts forward relevant suggestions to provide reference for the cultivation of high-quality professional talents in the film and television media industry
Two Decades of Nigeria’s Nascent Democracy: An Assessment
Get PDFTwo decades of democracy in Nigeria makes it sufficiently matured for an assessment. This paper takes a cursory look at the performance of democracy in the last two decades to determine whether it is moving towards sustenance and consolidation. A number of barometers were considered which are critical to well-known canons of democracy. The paper however infers that governing elites need to do more if the masses of the people will be a catalyst to democratic sustenance and consolidation as the performance of democracy vis-à-vis development in all ramifications is nothing to write home about for now in the country
Review and Reflection on the Content of Chinese and Foreign Education
Get PDFThe educational content of China and foreign countries in different historical periods and different regions is restricted by different factors and radiates its own distinctive characteristics. By reviewing and combing the context of Chinese education content and foreign education content in various periods, this paper summarizes the commonalities and differences between the two in exploration and comparison, and further learns and draws on the useful experience and practical path of education reform at all times and in all countries, in order to condense a number of valuable contents that can be used as reference for setting up contemporary education content, and promote the high-quality development of education in China