Suchergebnisse

The economic development of a state can be accurately characterized as the measurable changes in macroeconomic indicators that result in an increase in the overall production or output over a specific timeframe, in comparison to the previous period. Several key macroeconomic factors contribute to the advancement of economic growth. These factors include the industrial production, unemployment rate, business Confidence Index, government budget deficit, and the labor force participation rate. The study employed secondary data from January 2016 to August 2023, with a monthly frequency, to estimate the coefficients. The data encompassed the United States, Pakistan, and the rest of the world. The empirical findings indicate that there exists a negative relationship between equality and economic growth in the United States, Pakistan, and other countries worldwide. The findings demonstrate that the global pandemic has had a notable impact on the industrial production of the World, the United States, and Pakistan, with an initial increase followed by a gradual decline. The unemployment rates in the United States, Pakistan, and the rest of the world have experienced a substantial decline. Simultaneously, the rate of unemployment has witnessed a notable increase, resulting in significant and adverse effects on the respective economies. The decrease in the Business Confidence Index can be attributed to heightened levels of uncertainty, which in turn have had a detrimental impact on the gross domestic product of the United States, Pakistan, and other countries worldwide. The reduction in imports has resulted in a decrease in the government budget deficit, which has had a notable impact on the economy.

AbstractNot government organizations (NGOs) work to advance organizational objectives through a sustainable agenda while having a beneficial influence on society and the environment. NGOs must thus hire creative personnel if they want to remain competitive and draw in investors. This study bases its model of innovative work behavior for women working in the top 100 NGOs in both developed and developing countries on the social exchange theory and hypothesizes that this behavior may be impacted by leadership support. In this context, the function of employee job engagement as a mediating element is studied. The reputation's moderating function was also examined. Eleven thousand nine‐hundred and one female employees from 2737 NGOs in the top 100 developed and developing countries made up the sample. The findings demonstrate the direct and indirect effects that employee engagement, which is impacted by leadership support, has on innovative work behavior. A reliable connection between them is the organizational reputation of NGOs.

AbstractThe research paper reconnoiters the digital entrepreneurship and its influence on the business setting in developing economies (China India, Brazil, Russia, Mexico, Indonesia, Turkey, Thailand, South Africa and Malaysia). The empirical data was collected through 1,445 semi‐structured interviews with these economies' entrepreneurs. The research outcomes highlighted that entrepreneur's knowledge act as a sensitive social expectation and enhances support, even the non‐contributively factor of institutional trust. Findings demonstrated that administrative initiatives toward digitalization are pledged to consume invigorated entrepreneurship in all emerging economies consequently providing better chances for advancement and prevailing institutions requirements for further development in order to confirm the economic growth and supportable entrepreneurial situation.

This study investigates the impact of diversification between traditional margin income and nontraditional income (noninterest-based income) on bank risk-taking and bank lending spread for banks operating in Pakistan. Bank risk is measured with the nonperforming loan ratio and bank [Formula: see text]-score. Data of this study is obtained from financial statements, which are an annual publication of State Bank of Pakistan, for the period 2006–2016 for 52 banks in Pakistan. Panel regression with the generalized method of moments (GMM) estimator is employed. The study reveals that an increase in noninterest income increases bank risk-taking (spending on highly risky assets), as noninterest income is riskier than interest income. It is also revealed that banks with greater dependence on noninterest income may grant a loan with lower lending spread. These results have implications for the betterment of the banking system, regulatory authority, and stakeholders as well. From a regulatory perspective, the study provides guidelines for making rules and regulations to control and monitor the dependence on noninterest income as well as on interest income. Pakistan banks regulatory authority should focus on the increase in disclosure of the composition of noninterest income and this disclosure would increase understanding of changing environment of banking in Pakistan.

Purpose. Crude oil is an important and most demanded commodity throughout the world. There are various oil processes like electricity production, manufacturing processes and transport sector. Oil is the basic necessity thus is important to study the volatility in oil prices because oil price volatility reduces the aggregate output for short run and as a result uncertainty increases and investment also decreases (Guo and Kliesen, 2005).This research analysis the effect of exchange rate variation and the fiscal policy changes on the oil price volatility and granger causality of macroeconomic variables. Lee (1998) defined volatility as the standard deviation in a given period. She submitted that Volatility has a negative and significant impact on economic growth immediately, while the impact of oil price changes delays until after a year. She concludes by stating that it is volatility/change in crude oil prices rather than oil price level that has a significant influence on economic growth. Methodology. GARCH (1,1) test define the exchange rate has not a significant relation with the local oil price but fiscal policy effect and foreign oil price has a significant relation on the local oil price. Granger Causality test indicate that oil price volatility does not granger cause on public sector investment and gross domestic production does not granger cause on public sector investment is significant. Except these relationship, all other variables relationship exist and possible. Findings. This research identify the effect of exchange rate, fiscal policy and international oil prices on oil prices of Pakistan. Different econometrics tests are utilized for analyses. Due to shortage of time, money and resources, this study only focus on Pakistan but this type of study can also implemented in Asia or more developing countries for more generalize effects and conclusion. Originality. This is the first implemented research who define the magnitude, direction and effects among the variable in context of Pakistan. Before this research, there is only opinions are founds by different economists, politicians and analysists.