Search results

1 – 8 of 8
To view the access options for this content please click here
Article
Publication date: 1 January 1985

J. Ph. Platteau

During the last three decades, thanks to the efforts of J. Schumpeter, G. Stigler, M. Blaug, P. Schwartz, T.W. Hutchison and others, a revaluation of the contribution of…

Abstract

During the last three decades, thanks to the efforts of J. Schumpeter, G. Stigler, M. Blaug, P. Schwartz, T.W. Hutchison and others, a revaluation of the contribution of John Stuart Mill to the history of economic doctrines in general and to that of economic analysis in particular has taken place on a quite significant scale. The basic portrayal of J.S. Mill as an unoriginal and incoherent writer which prevailed from about the time of his death till around the middle of the present century came to be seriously and, one may say, successfully challenged. While the “eclecticism” of Mill was traditionally emphasised with a pejorative tone, no less than M. Blaug concluded that in the final analysis, it “worked to Mill's advantage” and that “the multiplicity of analytical ideas, often running in opposite directions, opened the way to subsequent refinement and development” (Blaug, 1968, p. 220). The theoretical inventiveness of J.S. Mill was stressed in still louder terms by G. Stigler when he wrote that “he was one of the most original economists in the history of the science” (Stigler, 1955, p. 7).

Details

International Journal of Social Economics, vol. 12 no. 1
Type: Research Article
ISSN: 0306-8293

To view the access options for this content please click here
Article
Publication date: 31 January 2018

Rakhe P. Balachandran and Sarat Chandra Dhal

The dependence of farmers on money lenders for agricultural credit despite the penetration of the formal financial sector with subsidized interest rates remains an…

Abstract

Purpose

The dependence of farmers on money lenders for agricultural credit despite the penetration of the formal financial sector with subsidized interest rates remains an economic puzzle. The purpose of this paper is to revisit the relationship between money lenders and farmers in the presence of trade-loan nexus.

Design/methodology/approach

The study provides a theoretical framework supported by empirical evidence. It uses primary survey data of farmers in a major potato producing district of West Bengal, India. For the empirical analysis, apart from descriptive statistics, the authors use a logit regression model to derive insights from some testable hypotheses.

Findings

The study finds that trade-loan nexus increases defaults on agricultural loans through two channels: first, by increasing loan requirement and repayment obligations through high input prices and interest rates, respectively; and second, by reducing income of farmers by setting low prices for the output.

Research limitations/implications

The functioning of money lenders in rural areas, including their sources of finance and political control over local economy, and the existing social hierarchies in the rural context will have to be studied in detail to understand the complexities of the issue.

Practical implications

The findings of the study underline the need for policy initiatives to break the trade-loan nexus to reduce the dependence of farmers on money lenders.

Social implications

The higher defaults help the money lender to sustain in the rural agricultural loan market as the formal sector becomes reluctant to lend in the presence of pervasive defaults.

Originality/value

The study is entirely original based on primary survey data of seven blocks of a major potato producing district in West Bengal, India. It could be the first such study on the subject. The findings are fresh and expected to contribute to development economics and agriculture finance literature and policy making.

Details

Agricultural Finance Review, vol. 78 no. 3
Type: Research Article
ISSN: 0002-1466

Keywords

To view the access options for this content please click here
Article
Publication date: 1 March 2010

Joseph M. Ntayi, Irene Namugenyi and Sarah Eyaa

The purpose of this paper is to develop a comprehensive framework of achieving supplier delivery performance based on contract governance mechanisms, justice perceptions…

Abstract

The purpose of this paper is to develop a comprehensive framework of achieving supplier delivery performance based on contract governance mechanisms, justice perceptions and ethical behavior using cross sectional survey data from public procuring and disposing entities (PDEs) in Uganda. Public procurement contract governance covers the design, development, implementation and enforcement of contracts. It serves to align interests of the contracting parties, reduce opportunistic behavior, lower transaction costs, promote justice perceptions, improve ethical behavior and achieve value for money procurement. Poorly managed procurement contracts result in conflicts, yet in many developing countries only rich suppliers can afford to resolve disputes through courts. For other suppliers, justice is out of reach. While it has been assumed that contracts result in good performance, little research has been carried out to corroborate this assumption. In this paper we provide theoretical, empirical and policy implications of supplier delivery performance.

Details

Journal of Public Procurement, vol. 10 no. 4
Type: Research Article
ISSN: 1535-0118

To view the access options for this content please click here
Book part
Publication date: 14 December 2016

Abstract

Details

Emotions, Decision-Making, Conflict and Cooperation
Type: Book
ISBN: 978-1-78635-032-9

To view the access options for this content please click here
Article
Publication date: 18 August 2020

Ernest Kissi, Kofi Agyekum, Theophilus Adjei-Kumi, Debrah Caleb and Ekow Donkor Micheal

Religiousness is evident in every aspect of life, and its impact on construction project performance is undeniable. However, little has been done to fully understand the…

Abstract

Purpose

Religiousness is evident in every aspect of life, and its impact on construction project performance is undeniable. However, little has been done to fully understand the influences one's religiosity has on performance factors. This paper aims to explore the influence of religious elements on performance factors in the Ghanaian construction industry (GCI).

Design/methodology/approach

Using a desk survey and closed-ended questionnaire, data were obtained from the three religious' bodies (Christianity, Islamic and Traditionalist) in Ghana. The analysis of the collected data was done using mean score ranking and regression analysis.

Findings

It was revealed that most of the religious bodies were aware of the presence of the seven factors identified for measuring construction project performance. The findings suggested that there was a significant and positive relationship between the religious elements (of all the three religions) and cost as well as schedule performance. Islam recorded the highest relationship in influencing public construction project performance relative to cost performances. Specifically, 1% increase in Islamic elements accounted for an 82.7% increase in cost performance. Traditionalists and the Christian religion had minimal significance in influencing cost performance. Furthermore, a 1% progress in Islamic elements accounted for a 45.8% increase in the schedule performance of construction projects and among construction professionals.

Research limitations/implications

This study has provided better understanding of the religious views on project performance. This research has also provided pragmatic directions to project stakeholders to encourage religious groups to take critical look at the other performance factors that were seen not to be significant.

Originality/value

This paper represents a novel attempt to measure the influence of religious elements on project performance factors in the construction industry. A key contribution to the body of knowledge is that the study has proven that religious element has tendencies to influence cost performance and schedule performance in the construction industry.

Details

International Journal of Productivity and Performance Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1741-0401

Keywords

To view the access options for this content please click here
Article
Publication date: 28 July 2021

Lanndon Ocampo and Kafferine Yamagishi

Travel interests of tourists during pandemics and outbreaks are reduced due to the prevalence of fear. It induces lifestyle changes, which may hinder efforts to recover…

Abstract

Purpose

Travel interests of tourists during pandemics and outbreaks are reduced due to the prevalence of fear. It induces lifestyle changes, which may hinder efforts to recover the tourism value chain during post-COVID-19 lockdowns. Subscribing to domestic travel and domestic tourism is deemed to mitigate fear and gradually reopen the tourism industry. Although a crucial initiative, evaluating the perceived degree of exposure of tourists to COVID-19 in tourist sites operating under domestic tourism has not been fully explored in the emerging literature, which forms the main departure of this work.

Design/methodology/approach

The problem domain is addressed by adopting multiple criteria sorting method – the VIKORSORT. To demonstrate such application, with 221 survey participants, 35 tourist sites in a province in the central Philippines struggling to revive the tourism industry are evaluated under six attributes that characterize tourists' exposure to COVID-19. To assess its efficacy, the performance of the VIKORSORT is compared to other distance-based multiple criteria sorting methods (i.e. TOPSIS-Sort and CODAS-SORT).

Findings

Results show that proximity and volume of tourist arrivals are considered on top of the priority list of attributes. The use of VIKORSORT yields the assignment of 27 sites to the “moderate exposure” class, and eight under the “high exposure” class, with no tourist site assigned to the “low exposure” class. Sorting the tourist sites reveals some observations that tourists prefer sites (1) with open spaces, (2) with activities having limited group dynamics, (3) that are nature-based, and (4) with tourist arrivals that are not relatively high, with enough land area to practice social distancing. In addition, the assignments of the VIKORSORT with TOPSIS-Sort and CODAS-SORT are consistent at least 90% of the time, demonstrating its efficacy in addressing multiple criteria sorting problems.

Originality/value

This work provides an integrative approach in evaluating tourist sites in view of tourism recovery during pandemics. The findings offer crucial insights for the primary stakeholders (i.e. government, tourist operators, and tourists) in planning, resource allocation decisions, and policy formulation. Policy insights are offered, as well as avenues for future works.

Details

Kybernetes, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0368-492X

Keywords

To view the access options for this content please click here
Article
Publication date: 3 August 2015

Greg Bankoff

Effective leadership at the grassroots level can make a crucial difference to disaster risk reduction (DRR) at the local level. Guidance, however, is often not provided…

Abstract

Purpose

Effective leadership at the grassroots level can make a crucial difference to disaster risk reduction (DRR) at the local level. Guidance, however, is often not provided through the visible structures of local government but through alternative means of articulating power that is no less real and frequently more effective than more formal agencies. The purpose of this paper is to present a biography of one such community leader and his influence in the Philippines and how he is able to foster resilience and reduce risk. These “small men” stand in direct contrast to the more authoritarian, materialistic and reputedly corrupt nature of governance in general.

Design/methodology/approach

This paper adopts an historical-sociological approach, utilising archival sources as well as fieldwork to explore the relationship between consensual leadership, social capital and DRR in the Philippines.

Findings

Social capital and consensual forms of local leadership have their origin in the challenges posed by daily living in the Philippines. At the grassroots level, Filipino civil society can exhibit a vibrancy, self-reliance and innovation that has not been given proper recognition. In fact, local leadership, social capital and DRR are not unrelated aspects of culture but part of the “mutuality” that exists between people and environment in the archipelago.

Originality/value

This paper employs an innovative historical-sociological approach to explore the much maligned and often neglected nature of local unofficial leadership in the Philippines in the context of DRR.

Details

Disaster Prevention and Management, vol. 24 no. 4
Type: Research Article
ISSN: 0965-3562

Keywords

To view the access options for this content please click here
Article
Publication date: 16 January 2007

Jérôme Ballet, François‐Régis Mahieu and Katia Radja

To analyze the impact of policy on people's identities, and the conflicts which can result from this.

Abstract

Purpose

To analyze the impact of policy on people's identities, and the conflicts which can result from this.

Design/methodology/approach

The case of the Rwanda genocide is used to examine identity disturbances related to policies.

Findings

Identity adjustments generated by policies can have devastating effects such as genocide. This raises the issue of national decision makers' responsibilities as well as those of the international institutions advocating and enforcing such policies.

Research limitations/implications

This study implies that we need to consider the impacts of policies on people's identities and to extend such empirical research.

Practical implications

The issue of institutions' responsibilities must be discussed, for both national and international institutions; and a precautionary principle in decision making must be set for expert advisors.

Originality/value

The paper addresses the links between economic policies and their effects on individual identity, an area which has not yet been examined in economic studies.

Details

International Journal of Social Economics, vol. 34 no. 1/2
Type: Research Article
ISSN: 0306-8293

Keywords

1 – 8 of 8