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(2014). Finance For Growth and Policy Options for Emerging and Developing Economies: The Case of Nigeria. Asian Development Policy Review, 2(2): 20-38. DOI:
Finance is generally regarded as important for economic growth, but the role of finance in economic growth is a controversial issue in the economic literature. The concept of ?finance for growth? refocuses the relationship between finance and economic growth by redirecting the role of government policies in finance, and recognizes how finance without frontiers is changing what government policies can do and achieve. The focus of this paper is not to join the debate, nor to analyse the impact of financial development on economic growth, but to discuss the concept of ?finance for growth? within the context of emerging and developing economies. The increasing development needs of Emerging Market Economies (EMEs) to raise per capita income, reduce unemployment rate, construct and maintain basic infrastructure, and invest more in human capital, make the role of finance for growth in these economies indispensable. The paper reviews the financial policies in selected EMEs including: China, South Africa and Nigeria and attempts to situate the Nigerian economy among the EMEs within the context of Finance for Growth. The paper notes that financial policies designed in various EMEs had the similar goal of making the financial system to provide key financial functions. However, large differences exist in the efficiency of the financial system in each country. The paper found that what matters to economic growth is access to financial services or financial inclusion and not which sector supplies the funds. The paper suggests appropriate policy options to build confidence in the Nigerian financial system.
This study is one of very few studies which have investigated the concept of ―finance for growth‖ in EMEs. It approaches the problem by assessing the performance of financial policies of selected EMEs in mobilizing financial resources for economic growth, and identifying policy options necessary for achieving finance for growth.
National Housing Policies and the Realisation of Improved Housing for All in Nigeria: An Alternative Approach
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(2014). National Housing Policies and the Realisation of Improved Housing for All in Nigeria: An Alternative Approach. Asian Development Policy Review, 2(3): 47-60. DOI:
The seventh goal of the MDGs is to ensure environmental sustainability which includes as its targets: increasing access to new technologies to support sustainable development by making information about sustainable practices more widespread, and bringing new technologies to rural areas such that people will be able to have better access to information and employment without having to migrate to urban areas; these would without doubt help to system the flow of rural-urban migration and as well stem the growth of slums. Good quality housing as a basic need is lacking for a sizeable number of people around the globe but seem most severe in developing economies including Nigeria. Also few houses are available, especially in the urban centers, to the ever increasing number of workers in both formal and informal sectors. The debates on the direction of housing and welfare policy have often been guided by assumptions derived from a preponderance of Anglo-American cases and perspectives. The purpose of this study is to present an alternative approach to housing policies especially in Nigeria; and we have come to the inescapable conclusion that housing is a social responsibility which cannot be left to the free play of market forces. This study therefore recommends the need to strengthen institutions and overhaul systems and processes for a more virile housing sector such that a balance between the urban housing units and the rural housing units could be attained.
This study contributes in the existing literature and offers alternative view to the dominant approach to housing issues as it deviates significantly from the preponderance pro-market perspectives. It proffers a holistic approach to contain housing challenges.
An Empirical Study of the Impact of Metro Station Proximity on Property Value in The Case of Nanjing, China
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(2014). An Empirical Study of the Impact of Metro Station Proximity on Property Value in The Case of Nanjing, China. Asian Development Policy Review, 2(4): 61-71. DOI:
This paper analyzes the impact of metro station proximity on property value from both theoretical and empirical perspectives. Data on second-hand apartments within six kilometers of metro line 1 and 2 stations in Nanjing are used. Our empirical results show that metro station proximity has a positive partial effect on property value. The degree of impact diminishes with the increase of the distance. The extent of impact reaches the largest when the distance is less than five hundred meters, and is still remarkable when the distance is within two kilometers. The effect becomes insignificant when the distance is larger than two kilometers. Our empirical results also show that with the distance increasing, the extent of price variation is widened first, reaching a peak when the property is within one kilometer, and then decreases. In addition, metro station proximity in suburban areas is shown to have a higher positive impact on property value compared with metro station proximity in urban areas.
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System of Payroll in the Public Sector Administration
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(2015). System of Payroll in the Public Sector Administration. Asian Development Policy Review, 3(1): 9-19. DOI: 10.18488/journal.107/2015.3.1/126.96.36.199
Salary payments in the public sector administration are a key to service success, performance effectiveness and efficiency. Be that as it may, this write up was painstakingly tailored to lay much emphasis on the importance of labour and wages in the public sector management. Pay roll system in the public sector administration lays emphasis on productivity and prompts remunerations. In going about these various payroll preparation methods purported efforts were made to demonstrate how far adoptable the system are in bringing about effective and efficient salaries and wages administration in the public sector. Various outstanding remuneration literatures were reviewed and far reaching observations were advanced to do justice to the subject matter. However, a lot still beckons salaries wages scholars to lend their voices for the larger benefit of man.
Gender Analysis of Malnutrition: A Case Study of School-Going Children in Bahawalpur
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(2015). Gender Analysis of Malnutrition: A Case Study of School-Going Children in Bahawalpur. Asian Development Policy Review, 3(2): 29-48. DOI: 10.18488/journal.107/2015.3.2/188.8.131.52
The literature confirmed the existence of gender discrimination in children?s health, nutrition and education in South Asia. This study examines, whether there are sex differences in stunting and wasting among schooling-going children (5-14 years) and how they are affected by socioeconomic factors. A sample of 684 school-going children of both sexes (376 male children and 308 female children) was selected randomly from different schools of both urban and rural areas of Bahawalpur. Weight and height were taken according to anthropometric measurements. The nutritional indices of World Health Organization (WHO) and the Center for Disease Control (CDC) were used as nutritional standards. The stunting and wasting rates were found 10.1 and 15.2 percent for males and 15.2 and 25 percent for female children respectively. The binary logistic regression for two indices of malnutrition, i.e. wasting and stunting were run separately for male children and female children to determine gender discrimination in nutritional status of children. The probability of being stunted and wasted by increase in age was found significantly lower for females as compared to male children. The male and female children of nuclear households have higher probability to be stunted and wasted respectively but the effect has been found more severe for female children. Mother?s education emerged as one of the most important variables which decrease the probability of stunting for both male and female children. The effect is found more favorable for male as compared to female children. Household income status and living condition index has shown no significant effect on probability of malnutrition of male and female children.
The Representability of City Councils in Turkey: The Case of Kahramanmaras Province
Yildirim, S., 1993. Yerel Yönetim ve Demokrasi: Kavramlar. ?stanbul: Yakla??mlar.
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(2015). The Representability of City Councils in Turkey: The Case of Kahramanmaras Province. Asian Development Policy Review, 3(3): 61-75. DOI: 10.18488/journal.107/2015.3.3/184.108.40.206
The role of local governments has recently increased in importance, and as reforms and restructuring of their functions have revealed, the concept of ?representation and participation? is coming into prominence.? Notably, the representation of local communities within the decisions is mainly taken on behalf of society gained importance. The city councils, which are under the focal scope of our study, are the ones constituted by "local representatives" being elected by local communities and responsible for protecting the rights of society. The acknowledgement of representatives by society, the representatives? own recognition of society and also representing issue emerged as important determinants so that the function of representation might materialize as effective. This study examined the represent ability of city council members in Turkey within the case of Kahramanmaraş Province in Turkey. Hence, the profile of all city council members was presented, and then the views and approaches of them were discussed. The elicited approaches and views which belong to the members were mainly probed within the frame of "represent ability of city council members".
This study is unique and original on paying attention for demographic features own effects through the representation facilities and organs using. Indeed, instead of a more theoretical scanning framework, a unique study on researching the available position of a city on local representation was performed.