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1 – 10 of over 19000Kholoud M. AbdelMaksoud, Heba M.R. Hathout and Samar H. Albagoury
This study explored the impact of COVID-19 on the petroleum sector in Egypt, both economically and socially. Of all sectors of the economy, the oil industry has been one of the…
Abstract
Purpose
This study explored the impact of COVID-19 on the petroleum sector in Egypt, both economically and socially. Of all sectors of the economy, the oil industry has been one of the most negatively impacted by the pandemic, with oil prices plummeting at the start of the pandemic. Use to decrease demand. This paper aimed to analyse the main economic and social effects of the pandemic on the Egypt oil industry through an examination of the macroeconomic data reflected in the Egyptian balance of payments, the country's general budget and the oil industry's performance data. The study also conducted a survey of a set of workers from the Egyptian petroleum sector. The study thus concluded two levels of analysis; a macrolevel and a micro level analysis of the effect of COVID-19 on the Egyptian oil industry.
Design/methodology/approach
The paper builds upon the experience gained from evaluating market change caused by COVID-19 (Agosta et al., 2020), to analyse the socioeconomic implications of COVID-19 on the Egyptian oil industry. This study employed a survey analysis of questionnaires filled by on a sample of workers in the petroleum sector in Egypt. Data were analysed using the SPSS software, version 18.0. Descriptive analysis was reported as frequencies and percentages. The macroeconomic impact analysis was done by analysing macro-economic data pertaining the oil industry's levels of production as well as the data pertaining to Egypt's external balance of payment and public finance.
Findings
The paper concludes that although the COVID-19 pandemic had negatively impacted the socioeconomics of oil sector workers, reducing their incomes and costing them jobs, these effects appeared to be short term effects that could be minimised with the end of the pandemic and be mitigated through the adequate social and economic policies. No permanent socioeconomic losses were thus deemed to be a serious concern with respect to these workers. The study also concluded that, macroeconomically, lower global oil prices has had a net positive effect on the Egyptian economy as the causing an expected shrinkage of the overall trade deficit. It also has reduced the national budget deficit and has helped mobilise money into the economy, financing both investments and social expenses.
Research limitations/implications
The survey was very hard to reach, where lot of workers in the petroleum sector (governmental) refused to answer the questions.
Practical implications
Some African countries may not have all the necessary most recent data of economic indicators needed to ascertain with certainty the economic impact of the COVID-19 pandemic. And, at the event that data are completely available, analysts must consider that any worsening of the economy may not stem directly from the pandemic itself. Causality has to be clearly established. The survey therefore focused on the attitudes and perceptions of oil sector workers, irrespective of whether a given indicator had been affected by the pandemic or is seen likely to be affected by it in the future. All those responding have reported the belief that economic indicators, such as GDP growth, inflation and trade had been impacted negatively by the spread of COVID-19. They also believed the effects of the pandemic on transport to have had direct effects on the oil industry.
Social implications
The social impact of the pandemic was less apparent, particularly among governmental sector workers compared with those in the private sector. However, freelancers have reported some issues that may be become more apparent through aggregated data.
Originality/value
This study has presented some preliminary estimates of the impact of the COVID-19 outbreak on petroleum sector in Egypt. The goal was not to be definitive about the virus outbreak, but rather to provide information about a range of possible economic costs of the disease. While, a detailed quantification of the socioeconomic impact of the coronavirus pandemic may not be feasible, it is still useful to identify possible transmission channels through which the pandemic may affect the Egypt economy and society. It is also useful to identify key issues that are likely shape short- and medium-term socioeconomic prospects in Egypt as a result of the COVID-19 pandemic outbreak in Egypt.
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Understanding the technical and socioeconomic dimensions to resilience is core to making a business case for property-level flood risk adaptation. The study investigates the…
Abstract
Purpose
Understanding the technical and socioeconomic dimensions to resilience is core to making a business case for property-level flood risk adaptation. The study investigates the socioeconomic factors that impact the technical dimensions to property-level flood risk adaptation, and whether there is a typology of households adopting similar adaptation measures in Port Harcourt.
Design/methodology/approach
Exploratory and inferential statistical analysis of data collated from 407 questionnaires was carried out. Using chi-square analysis, significant bivariate associations were sought between the level of uptake of different categories of property level adaptation and the socioeconomic characteristics of households. A two-step cluster analysis was used to explore discernible patterns of households implementing similar adaptation measures. Logistic regression analysis was further used to evaluate the extent to which socioeconomic parameters impact residents' willingness to undertake adaptation measures given the option of relocation.
Findings
The chi-square analysis highlighted a lack of significant association between some socioeconomic parameters and the uptake of individual adaptation measures. The regression analysis however showed that the socioeconomic parameters exert varying degrees of influence on the residents' willingness to undertake adaptation measures. Two homogeneous groups of residents with similar socioeconomic characteristics were identified via the cluster analysis but did not translate into strongly discernible adaptation differences/patterns.
Practical implications
The study shows that although socioeconomic parameters to some extent underlie the technical dimensions to flood resilience, there is no distinctive typology of households in Port Harcourt adopting a similar combination of measures.
Originality/value
The study offers insights into understanding property-level flood risk adaptation responses within the context of the developing world.
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Prem Ramburuth and Charmine E.J. Härtel
The purpose of this paper is to highlight factors that facilitate or hinder the entry and academic achievement of students from low socioeconomic status into higher education, and…
Abstract
Purpose
The purpose of this paper is to highlight factors that facilitate or hinder the entry and academic achievement of students from low socioeconomic status into higher education, and facilitate understanding about how such students can be supported in their learning at university.
Design/methodology/approach
The authors draw on the literature on social inclusion, social exclusion, social identity and education, and link key aspects to the access, participation and learning success of students from low socioeconomic status backgrounds in higher education.
Findings
The paper identifies socioeconomic factors that impact on student learning and provides a comprehensive framework for understanding, supporting and addressing the needs of students from the target group.
Practical implications
The findings and discussion will contribute to the knowledge and teaching resource base required for institutions, academic and support staff to formulate and implement effective strategies for increased participation in higher education by students from low socioeconomic status backgrounds.
Originality/value
Most discussion and research on social inclusion and exclusion tends to relate to factors that lead to social disadvantage in general, but there is a growing need to consider the disadvantage in terms of access to higher education and the creation of learning opportunities that lead to success and educational advancement.
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Kindie Tesfaye, Sika Gbegbelegbe, Jill E Cairns, Bekele Shiferaw, Boddupalli M Prasanna, Kai Sonder, Ken Boote, Dan Makumbi and Richard Robertson
The purpose of this study is to examine the biophysical and socioeconomic impacts of climate change on maize production and food security in sub-Saharan Africa (SSA) using adapted…
Abstract
Purpose
The purpose of this study is to examine the biophysical and socioeconomic impacts of climate change on maize production and food security in sub-Saharan Africa (SSA) using adapted improved maize varieties and well-calibrated and validated bioeconomic models.
Design/methodology/approach
Using the past climate (1950-2000) as a baseline, the study estimated the biophysical impacts of climate change in 2050 (2040-2069) and 2080 (2070-2099) under the A1B emission scenario and three nitrogen levels, and the socioeconomic impacts in 2050.
Findings
Climate change will affect maize yields across SSA in 2050 and 2080, and the extent of the impact at a given period will vary considerably between input levels, regions and maize mega environments (MMEs). Greater relative yield reductions may occur under medium and high-input intensification than under low intensification, in Western and Southern Africa than in Eastern and Central Africa and in lowland and dry mid-altitude than in highland and wet mid-altitude MMEs. Climate change may worsen food insecurity in SSA in 2050 through its negative impact on maize consumption and reduction in daily calorie intake. However, international trade has the potential to offset some of the negative impacts.
Originality/value
The study calibrated and applied bioeconomic models to estimate the biophysical and socioeconomic impact of climate change on maize production at fine resolution. The results could be used as a baseline to evaluate measures that will be applied to adapt maize to the future climate in SSA.
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XiaoHu Wang and Kuotsai Tom Liou
This study assesses the change in states’ financial condition by examining their financial data in fiscal years (FY) 2003 and 2004. It explores and explains how much the change…
Abstract
This study assesses the change in states’ financial condition by examining their financial data in fiscal years (FY) 2003 and 2004. It explores and explains how much the change was, how it occurred, and whether and how closely the change might respond to states’ socioeconomic development. The study finds that states’ financial condition varied significantly from FY 2003 to FY 2004. Changes in different aspects of financial condition are interrelated, although these changes may not occur simultaneously at the same pace. The change in financial condition may result from the multi-year cumulative socioeconomic development in personal income and employment, but not in population. The impact of personal income and employment on financial condition of a government is likely long term; it may take 3-4 years for the growth in personal income and employment to benefit a government’s financial condition. The results also suggest that the cumulative improvement of personal income and employment for consecutive years prior to a fiscal year is more likely to improve the financial condition of that year than a personal income or employment increase that follows an up-and-down pattern of growth. These findings can be used to develop effective strategies to improve financial conditions in government.
Rafael Robina-Ramírez, Ángel Pizarro-Polo, José A. Folgado-Fernández and Agustín Santana-Talavera
The heritage and tourist attractiveness of Heritage Cities have aroused interest in establishing mechanisms to enhance their value based on the development of sustainability…
Abstract
Purpose
The heritage and tourist attractiveness of Heritage Cities have aroused interest in establishing mechanisms to enhance their value based on the development of sustainability policies. The socioeconomic and socioenvironmental valuation of these heritage sites has become a necessary tool for decision-making.
Design/methodology/approach
Following the recommendations of International Council on Monuments and Sites – ICOMOS, this paper proposes a series of indicators and an exploratory model to define the factors that contribute to their valuation. Following the partial least squares structural equation modelling methodology, information was obtained from 363 intramural residents in the three Heritage Cities that currently have management plans in Spain.
Findings
The results show the importance of specifying indicators of sustainable mobility and socioeconomic and socioenvironmental sustainability for an adequate valorisation of heritage sites.
Originality/value
To this end, it is necessary to follow the guidelines of international bodies such as ICOMOS in relation to the management plans.
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The study aims to identify the severe socioeconomic, environmental, and ecological impacts caused by the construction of mega and large hydro-power plants in Uttarakhand, India…
Abstract
Purpose
The study aims to identify the severe socioeconomic, environmental, and ecological impacts caused by the construction of mega and large hydro-power plants in Uttarakhand, India. In addition to identifying the attributes, the study creates an integrated index that will assist in the development of sustainable hydro-power.
Design/methodology/approach
The methodology used for this impact identification was based on extensive literature review, focused expert discussions and further validation through a primary survey among the stakeholders in the hydropower sector. The sustainability index (SI) was estimated using the fuzzy logic theory.
Findings
The study area SI shows that few projects are in extreme zones, and through suggestive measures, few project sites can be made viable for long-term sustainable project site. A Hydropower Sustainability Assessment Protocol–based conceptual model is also proposed for mitigation of impacts.
Originality/value
Hydropower plays an essential role in access to cleaner and cheaper sources of energy; it defines the usage of water resources toward inflation-free green energy and holds spectacular operational flexibility. Despite the significant advantages associated with hydroelectric power projects, there are adverse side effects as well. The water-based power sector industry contributes to any nation through both economic and environmental ways. Although one-third of the power business in India is carried out through water-based hydropower projects, recent trends in water-based hydropower projects show significant socioeconomic and environmental impacts that create a debate about the sustainability of these projects.
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Modern new biotechnology has the potential to provide major economic and other benefits, but at the same time it poses potential hazards for human health, the environment, the…
Abstract
Modern new biotechnology has the potential to provide major economic and other benefits, but at the same time it poses potential hazards for human health, the environment, the “natural” biological order, and can have adverse socio‐economic consequences. The application of such technology frequently violates traditional ethical, moral and religious values. This paper, after outlining possible benefits of modern new biotechnologies, discusses the type of biosafety risks which they pose, their possible adverse consequences for the sustainability of biodiversity and agriculture and their potential impacts on socioeconomic welfare and traditional cultures. Particular concern is expressed about the possible consequences of such technologies for developing countries and the practice in some developed countries of issuing patents conferring very broad rights over the use of genetically engineered material. Because these rights are so broad, in some cases they have the potential to establish powerful multinational monopolies in the hands of private companies. Global debate about these issues suggests that more emphasis should be given globally to the socio‐economic consequences of such technology than in the past. The need for this is highlighted by the North‐South divide. Developing countries lag considerably in this new technological field, are placed in a dependent position and have weak institutional structures to control the application of such technology.
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Gode Bola Bosongo, Jean Ndembo Longo, Jacqui Goldin and Vincent Lukanda Muamba
The purpose of the paper is to analyse how floods and droughts affect communities' livelihood in the middle Zambezi river basin and coping mechanisms which households apply to…
Abstract
Purpose
The purpose of the paper is to analyse how floods and droughts affect communities' livelihood in the middle Zambezi river basin and coping mechanisms which households apply to counter the impact of floods and droughts.
Design/methodology/approach
The method adopted was semi-structured interviews, focus group discussions and semi-structured questionnaires.
Findings
Thematic analysis shows that the major issues affecting communities' livelihood in the middle Zambezi river basin are related to frequent floods and droughts. Floods are due to heavy seasonal rainfall which occurs at the peak of the rainfall season. As for droughts, the frequency of dry-spells of 20 days on average has been observed during the crop season. The impacts of floods and droughts in the district, notably in some wards such as Kanyemba, are the reduction of crop production, food shortages, reduction of agriculture derived income and erosion of social network. Households have responded to these impacts through a number of coping mechanisms including disposal of assets, labour migration, stream bank and floodplain cultivation, piecework, remittance, wild production and fishing. However, such coping mechanisms are short term and some of them are in conflict with the country's environmental laws.
Originality/value
This paper reports a study on the first such finding related to socioeconomic impact of floods and droughts on households located in the middle Zambezi valley which is 500 km from Harare with a specific focus on traditional coping strategies in the face of disasters.
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Sabrina Chikh-Amnache and Lotfi Mekhzoumi
Female entrepreneurship discussions will broaden and diversify as a result of global shifts. Studies of female entrepreneurship must take into account differences between male and…
Abstract
Purpose
Female entrepreneurship discussions will broaden and diversify as a result of global shifts. Studies of female entrepreneurship must take into account differences between male and female entrepreneurs due to the historical, cultural and social specificity of developing countries to narrow gender gaps, identify barriers, fine-tune support systems, release dormant potential and provide information for policymaking. This paper aims to measure and estimate the most crucial socioeconomic characteristics that Southeast Asian countries leverage to advance women’s business initiatives.
Design/methodology/approach
Using a panel data model whereby the Female Entrepreneurship Indicator Score serves as the dependent variable and the ten most important socioeconomic indicators serve as the independent variables. Ten southeast Asian countries are analyzed using the panel fixed effects approach of Method of Moments Quantile Regression (MM-QR) from 1980 to 2021.
Findings
It has been found by empirical panel quantile regression using the MM-QR method that the following indicators positively affect female entrepreneurship in southeast Asian countries: the assets indicator, the pay indicator, the workplace indicator, the mobility indicator and the a woman can sign a contract in the same way as a man indicator. But the parenthood indicator, the unemployment indicator, the school enrollment indicator, the men and women have equal ownership rights to immovable property indicator and the marriage indicator all have negative effects.
Originality/value
This paper uses a new method called MM-QR to look at how the most important socioeconomic factors affect female entrepreneurship in Southeast Asian countries. The results obtained will also add to and broaden the small amount of research that has been done on female entrepreneurs in developing countries.
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