European Journal of Development Studies

Foreign Direct Investment, Trade Openness, Financial Development, and Economic Growth Dynamics: Empirical Evidence from Bangladesh

2024-12-16T20:56:10+01:00

This study investigates the relationships between Foreign Direct Investment (FDI), trade openness, financial development, and economic growth within the context of Bangladesh, a rapidly developing economy in South Asia. By analyzing annual data from 1999 to 2023, the Vector Error Correction Model (VECM) has been used to assess both the short-term dynamics and long-term interactions among these variables. The analysis demonstrates how financial development can enhance the effects of FDI and trade openness, promoting economic growth. The results indicate that while FDI and trade openness directly contribute to economic growth through increased productivity and improved market access, their impacts are significantly bolstered by a well-developed financial sector that supports effective resource allocation and investment. Granger causality tests confirm that financial development causally influences economic growth, highlighting its critical role as a driver of economic performance. The results highlight the need for strategic financial policies that promote financial development to maximize the economic benefits of increased FDI and trade openness.

Knowledge and Awareness on Sustainable Development Among University Students

2024-12-04T03:22:05+01:00

Sustainable development has attracted great attention lately. As the human population increases, the demand for natural resources for development increases, and this has caused the depletion of non-renewable resources and damage to the environment. Therefore, there is a clear need for global action to create a more sustainable future. The future depends on the students at present because they are the future leaders. The main objective of this study was to determine the level of knowledge and awareness of the concept of sustainable development among the students at the University of Malaysia Sabah (UMS). A set of questionnaires was developed for this preliminary survey. 158 students were randomly engaged to be involved in this study. Based on the findings, the students’ knowledge and awareness level is considered high, and the average values range from approximately 70% to 91%. Findings also showed that terms such as “Eco-Campus,” “Earth Hour,” “Earth Day,” and “Green Energy” are keywords that most of the respondents are familiar with. It was interesting to note that there were still a handful of students unaware of the term “Sustainable Development Goals” at the time of the study (the year 2019). In conclusion, generally, the students have sufficient knowledge and awareness of sustainable development.

Cases of Migration Fluxes and Regulations: A Crucial Trending Issue in the Western World

2024-11-14T01:10:56+01:00

Migration fluxes are historical as humanity grows beyond local and regional and runs across global boundaries, turning the world into a worldwide village humans have never presumed and aspired to. It uses the gateway of Europe (Turkey) as a reference and pivot study to assess the most trending issue in the history of human civilisation. With more emphasis, the study covered diverse disciplines—from humanities to social sciences, arts, and anthropological studies—which provides a variety of opinions to this pragmatic study. Data collection for this study involves enormous search, selection, assessment, review, and categorisation of various articles related to the research theme. The research offers qualitative information for the contents and an in-depth analysis—of which findings indicated that migration flux has remarkable effects on immigration regulations, political and defence, social, traditions, urban and rural infrastructures, medical and educational infrastructures, and economics of the host country. These migrants are large enough to remarkably impact populations’ size, composition, and distribution in sending and receiving nations. The study further depicted that the origin nations’ social, financial, and political situations always trigger the massive movement of people to the Western and Eastern World—which indicated that the correlation between economic advancement and movement of people is fundamental and vital reasons above. Thus, public representatives should recognise such tips as a pivotal compass to guide their decision-making on global migration regulations.

The Internationalisation of Uzbekistan Automobile Industry: Implications for WTO Membership

2024-12-02T07:35:12+01:00

This study aims to give theoretical and practical insights to potential investors who are thinking about investing in different business sectors in Uzbekistan. It investigates communication constraints during the internationalization process of Uzbekistan’s highly protected auto industry in light of its potential membership in the World Trade Organization (WTO). Using a case study approach, this study presents empirical evidence from semi-structured interviews with managers involved in the internationalization process of a joint venture between UzAuto and PSA Group. The Uppsala Model is emphasized as a conceptual framework for comprehending the phases of internationalization. The case study highlights insufficient market research and communication problems in relation to PSA Group’s unsuccessful business partnership with UzAuto. The study ultimately provides insights for organizations considering international expansion and offers guidance for navigating complexities, advocating for improved approaches to internationalization in Uzbekistan, an emerging economy that has received little research from a business and management perspective.

The Human Sexual Rights and Family Value Act of Ghana: A Systemic Discrimination against the LGBTQ+ Community in Ghana

2024-11-13T09:55:29+01:00

This paper dives into the intricate relationship between the Ghanaian community and the members of the LGBTQ+ community. It explores the history of the LGBTQ+ community in Ghana, the response of the Ghanaian community via the introduction of the anti-gay bill, some provisions of the bill the paper deems to be discriminatory, and the ethical implications of this bill on the human rights of LGBTQ+ persons. This paper seeks to show that the anti-gay bill, unlike what most of the engaged respondents think, is unethical and as such must not be passed into law. This is because life is not what one is made or called to be, rather life is what one chooses to become, bearing in mind one’s facticity goes with authenticity.