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Topic Review
Biography
Topic Review
Youth Entrepreneurship
Youth unemployment is one of Africa’s biggest challenges, but compulsory entrepreneurship training can turn the continent’s job-seekers into job creators, writes Abiodun Egbetokun. First published on https://sciafmag.com/2020/02/26/three-lessons-from-nigeria-on-how-to-boost-youth-entrepreneurship/
624
01 Nov 2020
Topic Review
Youth Associations and Entrepreneurship
The development of skills for entrepreneurship among young people has attracted interest at various levels, as a way of overcoming many problems that affect this group in the areas of economic development and job creation. It was possible to verify that youth associations assume a dual role, on the one hand contributing to the personal, social and professional development of its leaders, members and participants, and on the other hand, as a promoter of social transformation, particularly at the local level.
620
06 Apr 2022
Topic Review
Peer Reviewed
Working Capital
The simplest net working capital can be defined as the difference between the value of current assets and short-term liabilities together with other short-term accruals. It is equivalent to the part of the current assets financed with equity, provisions for liabilities, long-term liabilities, and the remaining part of accruals. Therefore, it is the capital that finances only that part of the current assets that are not financed with short-term liabilities. This amount is financed with fixed capital. Summing up, net working capital is the fixed capital that finances the company’s current assets.
2.1K
13 Apr 2022
Topic Review
Wood Dust and Nasopharynx and Sinonasal Cancer
Millions of workers around the world are exposed to wood dust, as a by-product of woodworking. Nasopharynx cancers (NPCs) and sinonasal cancers (SNCs) are two cancers that can be caused by occupational exposure to wood dust, but there is little evidence regarding their burden in Canada.
606
24 Jan 2022
Topic Review
What Does Vietnam Gain When Its Currency Depreciates?
A depreciating currency theoretically supports exports. A weak currency means that domestic goods are cheaper abroad. Therefore, it increases both exports and stock prices, as more businesses raise their capital through the securities market, pushing up the stock price.
364
09 Dec 2021
Topic Review
Weaponization of Finance
The term weaponization of finance refers to the foreign policy strategy of using incentives (access to capital markets) and penalties (varied types of sanctions) as tools of coercive diplomacy. The term was first coined by political scientists Ian Bremmer and Cliff Kupchan. It became one of the main themes of the Eurasia Group’s Top Risks 2015 report. It is a reference to the new ways in which the United States is using its influence to affect global outcomes. Rather than rely on traditional elements of America’s security advantage – including US-led alliances such as NATO and multi-lateral institutions such as the World Bank and the International Monetary Fund – Washington is now ‘weaponizing finance’ by limiting access to the US marketplace and US banks as an instrument of its foreign and security policy.
1.3K
29 Nov 2022
Topic Review
Wage Growth
Wage growth (real wage growth) is a rise of wage adjusted for inflations, often expressed in percentage. In macroeconomics, wage growth is one of the main indications to measure economic growth for a long-term since it reflects the consumer's purchasing power in the economy as well as the level of living standards. An increase in wage growth implies price inflation in the economy while a low wage growth indicates deflation that needs artificial interferences such as through fiscal policies by federal/state government. Minimum wage law is often introduced to increase wage growth by stimulating price inflations from corresponding purchasing powers in the economy. Wage growth can also be maximised through the development of industry factors by investing skilled workers in which decision made by businesses. More financial compensation for skilled workers not only lifts wage growth but stimulates higher market prices in the economy. While a weak productivity influences a low wage growth, identified a long-term factor, a short-term problem for low wage growth is often identified as the spare capacity in the labour market. By the lower unemployment rate given by the more opportunities from the spare capacity in the labour market creates less competitiveness amongst the labours, which reduces wage growth. In order to achieve consistent strong wage growth and sustainable economic growth, high productivity is the key determinant. Higher labour productivity (measured by GDP per worker) stimulates price inflations in resulting in a rise in real wage growth. One of the major factors for the recent sluggish wage growth in advanced countries is caused by their lower labour productivities.
1.8K
17 Nov 2022
Topic Review
Valuation
In finance, valuation is the process of determining the present value (PV) of an asset. In a business context, it is often the hypothetical price that a third party would pay for a given asset. Valuations can be done on assets (for example, investments in marketable securities such as companies' shares and related rights, business enterprises, or intangible assets such as patents, data and trademarks) or on liabilities (e.g., bonds issued by a company). Valuations are needed for many reasons such as investment analysis, capital budgeting, merger and acquisition transactions, financial reporting, taxable events to determine the proper tax liability.
399
11 Oct 2022
Topic Review
Use of Electricity Market Data in Nowcasting
Traditional forecasting methods usually rely on historical macroeconomic indicators with significant delays. To address this problem, new opportunities for economic modeling and forecasting are emerging by using real-time data and making nowcasting of economic activity.
282
29 May 2023
Topic Review
Urbanisation on Green Growth within Sustainable Development Goals
Urbanisation enhances dissemination of the green knowledge and innovative technologies, bridging gaps in living conditions and making services (health, digital, etc.) available and affordable.
75
21 Mar 2024
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