Since the medical system is poorly prepared to use walking as a therapy for keeping mental well-being and taking into consideration people's needs for activities, the advantages of nature and active holidays on the mountain, rural and non-polluted urban areas are a basis for the development of strategies of the walking tourism management. The purpose of the research is to observe the possibility of managing walking tourism based on the needs of tourists for daily indoor and outdoor activities to achieve sustainable local economic development in the area of the tourist destination. The research was conducted using a descriptive method by the questionnaire-based survey. Results indicated that the management of walking tourism should take into account the differences that exist concerning indoor and outdoor activities between tourists of gender, age, marital status, number of children, education, work status, and annual personal investment for tourist travel and vacation. In the last decade, an increase in the number of walking strategies in the cities of highly developed countries has been identified, as well as the incorporation of this strategy into development policies and plans. For efficient and effective management of walking tourism, authors recommend embedding walking tourism in the sustainable local economic development strategy that will contribute to the creation of enabling business environment for the development of all types of tourism destinations through the "demand-driven" tourism offer based on sustainable using natural resources, local infrastructure, and building the capacities of the workforce.
An explorative study regarding the relationship between the Light Triad of personality, counterproductive work behavior and organizational citizenship behaviour
The research aims to explore the relationships between the Light Triad of personality, Counterproductive Work Behaviors, and Organizational Citizenship Behaviors. This study is based on a quantitative, cross-sectional, and correlational design. The sample consists of 115 participants (89 females and 26 males) aged between 22 and 45 years (M=28.33, AS=10.14). The participants were invited to answer a series of research instruments: the Counterproductive Work Behavior Checklist (CWB-C, Spector et al., 2006), the Organizational Citizenship Behavior Checklist (OCB-C, Fox et al., 2012), and the Light Triad Scale (LTS, Kaufman et al., 2019). The results indicate significant negative correlations between the Light Triad and Counterproductive Work Behaviors (rho=-.255, p<.01) and significant positive correlations between the Light Triad and Organizational Citizenship Behaviors (r=.283, p<.01). Finally, the practical implications, the limits of research, and future research directions are discussed.
Monetary policy and manufacturing export performance in SSA: Evidence from Panel ARDL modelling
Hope E. Agbonrofo, Ajibola Olusegun, Biola Phillip
We investigate the effect of monetary policy on manufacturing export performance in Sub-Saharan Africa (SSA) over the 1995 and 2020 period. Using the pooled mean group framework and focusing on 24 SSA countries, evidence shows that interest rate boosts manufacturing export in the short and long-run. However, exchange rate negatively impacts manufacturing export performance in both periods. While exchange rate is significant in the short term, it is insignificant in the long run. Lastly, private sector credit negatively and insignificantly influences short run manufacturing export, while it is substantially positive in the long-run. It is important that efforts are geared towards improving monetary policy effectiveness in the countries involved to boost the performance of manufacturing export and ensure growth.
The impact of the financial position elements changes on the market capitalization of InsurTech companies: A standard study on a sample of companies operating in the U.S. insurance market using panel models
The present study aims to the modeling of the relationship between the financial position of insurtech companies changes and their market capitalization by using the triple financial statements on a sample of insurtech companies operating in the United States of America during the period (2019-2022) to identify the impact of these elements on the insurtech companies' market capital. Standard analysis was used via the Panel Cross Series Models in this study where it has been concluded that the insurtech companies' sample study market capitalization is influenced by the size of their assets, the balance of net cash flows, and the total afforded costs, However, the total income balance is non-significant and does not affect the market capitalization, in addition to the static relationship between interpretative variables and market capitalization, which is due to the long-term dynamic balance absence between the studied variables.
Strategic management of local economic development in Georgian municipalities: A review of municipal and private sector dialogue
Strategic management of local economic development in Georgia is a complex and multifaceted process that requires the active participation of both the public and private sectors. Municipal economic policies play a crucial role in promoting the sustainable growth of local communities. The inclusion of the private sector in the local decision-making process is a key factor in this regard, as it allows for the alignment of public and private interests and the identification of mutually beneficial opportunities. Municipal and private sector dialogue has increasingly gained attention as a means of fostering private sector engagement in local decision-making processes. While the private sector has traditionally been viewed as a partner in economic development, its role in shaping public policies and strategies has often been limited. However, with the recognition that the private sector can bring valuable expertise, resources, and perspectives to the table, efforts have been made to enhance dialogue and collaboration between municipalities and private sector actors. This paper aims to explore the various forms of municipal and private sector dialogue. Through a review of the literature and case studies, this paper will examine the benefits and challenges of municipal and private sector dialogue in the different sectors. It will also explore the various approaches and mechanisms used to facilitate dialogue and collaboration, including stakeholder consultations, PPP and advisory committees. The findings of this paper will be of interest to policymakers, practitioners, and academics working in the fields of local economic development. It will provide insights into the potential role of the private sector in shaping public policies and strategies, and the importance of fostering dialogue and collaboration between municipalities and private sector actors. This research will contribute to the broader discourse on municipal and private sector dialogue and its potential to support local economic development and decision-making processes.
Demand and supply-side determinants of financial inclusion: A case study of micro, small and medium enterprises in southwest Nigeria
This study examined the demand and supply-side factors that influence financial inclusion among micro, small and medium enterprises (MSMEs) in Southwest Nigeria. The study used the survey research design and primary data was sourced with the use of questionnaire. More specifically, the study employed a multivariate regression model. The findings on the determinants of financial inclusion revealed that the major constraint to access to finance by MSMEs was high interest rate charged on loan, while poor infrastructural facilities was a major constraint hindering financial inclusion from the supply-side view. The regression results on demand-side determinants revealed that bank services awareness positively and significantly drives access to, usage and quality of financial services (used as proxy for financial inclusion) of MSMEs. On the other hand, availability of other means of savings aside from bank negatively affects the access to, usage and quality of financial services, income constraint, illiteracy and lack of trust in financial institution negatively drive financial inclusion. Similarly, supply-side determinants such as transaction cost/charges, bank distance, collateral requirements, difficulty to withdraw, and interest rate negatively drive access to, usage and quality of financial services. The study recommends that the borrowing interest rate should be attractive to encourage continuous access to loanable funds. Financial providers should build an effective and well-functioning financial system that offers affordable and sustainable financial services to MSMES.
Comparative study of the impact of oil price shock on inflation with its impact on inflation determinants in Algeria
This paper aims to compare and determine the impact of oil price shocks on inflation and on its determinants in Algeria during the period 1975-2021. By using the structural vector autoregression (SVAR) model. Our empirical results found that the oil price shock had a greater impact on the determinants of inflation, such as the exchange rate, money supply, and imported goods, than on inflation itself. Moreover, the response of exchange rate to the oil price shock was significant and negative in the short and long run. Nevertheless, the response of imported goods and money supply to the shock was positive. Whilst the response of inflation in Algeria to the oil price shock was weak and negative. In addition, the results of analysis variance showed that oil price shock has a weak contribution to explaining the changes in inflation rates, in contrast to its contribution to the observed changes in inflation determinants.
Awareness strategies of islamic banking system: Evidence from Malaysia
Akilu Aliyu Shinkafi, Sani Yahaya, Ahmed Ibrahim Mohammed, Nor Aini Ali
The foundation for the growth and success of every firm is awareness. Unquestionably, the active awareness that may motivate customers to comprehend and apply Islamic financing products in the Islamic banking sector is a key factor in the success of the Islamic banking industry. The study examined the Islamic banking system's awareness-raising tactics using information from Malaysian experience. Face-to-face interview was used in a manner of qualitative method. The data were analysed using descriptive and thematic approaches. The findings indicate that customer awareness, knowledge of Islamic financing products and services, public awareness, and national and international awareness are all methods of Islamic banking awareness practice in Malaysia. The findings also demonstrate that the fundamental objective of the Islamic banking sector primarily relates to patronage and investment, which might be achieved by raising awareness of Islamic financing solutions. Additionally, the outcome shows that Islamic banks, Malaysia's central bank, and the government must step up their efforts to raise awareness in the nation. Therefore, the study has implications for Malaysian Islamic banks specifically and the global Islamic banking industry generally by increasing the capital base of the banks and increasing banking business activities through the adoption of new customers who became aware of Islamic banking modalities, operations, and products. These capital increases and boosts in the Islamic banking industry and have an impact on the profitability, banking performance, Islamic micro investments, SMEs, and new businesses from an economic perspective.
