The main aim of the paper is to stress the role of corporate entrepreneurship strategy in the process of economic recovery. The subject of the research was the key factors of corporate entrepreneurship i.e. management support, time availability, rewards, reinforcement, and organizational boundaries which determinate strategy and recovery in observed Serbian companies. The modified CEAI questionnaire has been used to assess the key factors of corporate entrepreneurship in Serbian companies. The results showed that observed managers in private companies have been more focused on innovation, rewards as motivation factor, and responsibility, on the one side. On the another side, managers in state-owned companies had less time pressure, but in their companies there were more routines and standardized procedures than in private ones. It can be concluded that management support will be a key factor of faster economic renewal of Serbian companies thought corporate entrepreneurship strategies.
The paper addresses two main issues. What is the response of the Algerian exchange rate (REER) to the double whammy of COVID-19 and oil price collapse? To what extent can the previous combination spill over into the inflation rate? For this purpose, we use monthly data covering the period January 2010 to June 2021, and we run both ARDL and NARDL models. The results show that the oil price and its shocks have a clear effect on inflation in both linear and non-linear modeling, especially in the short term. While there seems to be some inconsistencies concerning the influence of oil prices on REER and REER on inflation, owing mainly to the dinar devaluation policy, lower import bills, and the phase-out of basic commodities subsidies. The evidence also clearly reveals that the COVID-19 pandemic has a substantial negative effect on the REER and a positive effect on the inflation rate in the short term linear estimation.
The study investigated the mediating effect of cost of safety on the performance of bread bakers: Evidence from Kogi State Nigeria. The purpose was to examine the extent to which safety costs mediate or explain the underlying mechanism of the relationship between workers' safety and their performance. Data for the study were obtained from responses to the questionnaire distributed to 260 workers in seven (7) bread baking enterprises in the state out of which 163 of them (questionnaires) were returned. The analysis of the data was done using bootstrapping and regression statistical tools. The results of bootstrapping showed that the Average Casual Mediation Effect (ACME) is Total Effect (TE) minus Direct Effect (DE) of X (safety) and M (mediator) on Y (performance) and the coefficient of M have the same value of 0.3744 significant at 1 percent level. The result indicates partial mediation, the aim of mediation analysis. Similarly, the regression result indicated that approximately 53 percent of changes in Y are explained by the combined effect of X and M which is partial accountability of the variables akin to partial mediation of bootstrapping result. The study recommends that business owners especially bakery owners in Kogi State should take issues of safety seriously by providing adequate safety equipment and training workers on safety precautions.
To cope with the various shocks that may occur in their lives, households emphasise their adaptive capacity in order to minimise the negative economic consequences they may experience, particularly in terms of food and nutrition security. This behaviour of households is a dimension of their resilience to food insecurity. The objective of this study is therefore to analyse how adaptive capacity promotes the nutritional status of households in Cameroon. Using data from the FSMS 2020 survey and statistical and logistic regression methods, the study reveals that physical and human capital contribute significantly to improving the nutritional status of households in Cameroon. These results therefore call for the strengthening of training and livelihoods to ensure better household nutritional status.
Using annual data spanning from 1984 to 2020, the study analysed the effect of political instability on economic growth in Nigeria. To explore both the short and long-run relationship, the Autoregressive Distributed Lag (ARDL) technique is used. The cointegration test shows that political instability and economic growth are cointegrated. In the short run, the finding indicated that political instability negatively impacted economic growth. Likewise, in the long-run, political instability harms economic growth. Government expenditure contributed to economic growth in the short-run and long-run. Gross capital formation and financial development have detrimental effect on economic growth. Based on the findings from this study, there is a need for the government to address the frequent political instability to achieve the expected long-term growth in the economy.
