Issues

Journal & Issues

Volume 4 (2017): Issue 2 (December 2017)

Volume 4 (2017): Issue 1 (June 2017)

Volume 3 (2016): Issue 2 (December 2016)

Volume 3 (2016): Issue 1 (June 2016)

Volume 2 (2015): Issue 2 (December 2015)

Volume 2 (2015): Issue 1 (June 2015)

Volume 1 (2014): Issue 2 (December 2014)

Volume 1 (2013): Issue 1 (December 2013)

Journal Details
Format
Journal
eISSN
2344-4150
First Published
30 Mar 2014
Publication timeframe
2 times per year
Languages
English

Search

Volume 4 (2017): Issue 1 (June 2017)

Journal Details
Format
Journal
eISSN
2344-4150
First Published
30 Mar 2014
Publication timeframe
2 times per year
Languages
English

Search

3 Articles
Open Access

Economics of NHS Cost-Saving and its Morality on the ‘Living Dead’

Published Online: 02 Mar 2019
Page range: 1 - 10

Abstract

Abstract

This article has been championed on account of the experience of (perceived) economic rationalization which seem to be the foremost of patients’ care as opposed to addressing distress to human existing well-being, while in a state of being tormented with agonizing news of prolonged ill health. Several considerations have been proposed as a way of addressing the need to rationalize resources in ensuring the long standing history of the NHS focus on free health care is critically covered, but not in a way that destroys confidence on the ability of professionals to manifest ethical prudence in their acts of judgments about whether patients care is to be made immediate or prolonged on a waiting list. There is certainly serious impacts to be comprehended with in situation of economic rationality through services provided by the NHS; it is believed that tangible outcomes about definitive care for patients can be addressed collaboratively.

Keywords

  • Moral Economics
  • Cost Saving
  • Morality
  • Living Dead
  • NHS

JEL Classification

    Open Access

    Dynamics of Product Complexity in Africa: Structural Estimation Using Structuralists Model

    Published Online: 02 Mar 2019
    Page range: 11 - 35

    Abstract

    Abstract

    Applying the linear LAS (Latin American Structuralists) technological intensity model in Africa, this paper presents African nations are still diversifying their outputs towards the ubiquitous (fewer complexes) products. Put it simple, using the economic complexity index of Africa (explanatory variable) as a proxy for the technological intensity in Africa and per capita GDP gap (explanatory variable) as a proxy for technology gap, the paper presents a significant and positive relationship between economic complexity index of Africa and the time derivative of the economic complexity index of Africa (the explained variable). This implies that “weak” effort African nations exerted so far in diversifying their outputs towards the less ubiquitous commodities and absence of “automatic catch up tendency” (unlike what is presupposed by the mainstream neo-classical growth models). The linear panel data regression is employed on sample of 23 African economies and OECD member economies for the period 1996-2014.

    Keywords

    • Technology gap
    • technological intensity
    • economic complexity index
    • product diversification
    • product ubiquity

    JEL Classification

    • 01
    Open Access

    The Impact of European Uncertainty on the Gulf Cooperation Council Markets

    Published Online: 02 Mar 2019
    Page range: 37 - 50

    Abstract

    Abstract

    The interconnectedness of global economies made it inevitable for countries to isolate themselves rather, they partner with each other majorly for economic and political gains. This often at times have a positive and negatives outcomes base on the fact that the more advanced economy tends to cast shadow on the smooth and predictable movement of some markets in the less advanced economy. On this note, it is essential for scholars to relate and determine the impact and the direction of the movement specifically with regards to stock market performance and Economic Policy Uncertainty (EPU), as it concerns the Gulf Cooperation Council (GCC) region and the continent of Europe. Hence, this study investigates the effect of the changes of European Policy Uncertainty index on net oil exporter countries of the GCC stock market performance. Using the Vector Autoregressive (VAR) methodology to estimate the result, the outcome of the result implies that the impact of the changes in European policy uncertainty index on GCC’s stock markets is negative but not significant; the effect of Dollar exchange rate and US 3-month Treasury bill rate is not significant and finally, the effect of Brent Oil price on GCC countries’ stock markets is positive and significant.

    Keywords

    • GCC
    • Stock Market Performance
    • European Policy Uncertainty
    • VAR

    JEL Classification

    • F38
    • D81 & G15
    3 Articles
    Open Access

    Economics of NHS Cost-Saving and its Morality on the ‘Living Dead’

    Published Online: 02 Mar 2019
    Page range: 1 - 10

    Abstract

    Abstract

    This article has been championed on account of the experience of (perceived) economic rationalization which seem to be the foremost of patients’ care as opposed to addressing distress to human existing well-being, while in a state of being tormented with agonizing news of prolonged ill health. Several considerations have been proposed as a way of addressing the need to rationalize resources in ensuring the long standing history of the NHS focus on free health care is critically covered, but not in a way that destroys confidence on the ability of professionals to manifest ethical prudence in their acts of judgments about whether patients care is to be made immediate or prolonged on a waiting list. There is certainly serious impacts to be comprehended with in situation of economic rationality through services provided by the NHS; it is believed that tangible outcomes about definitive care for patients can be addressed collaboratively.

    Keywords

    • Moral Economics
    • Cost Saving
    • Morality
    • Living Dead
    • NHS

    JEL Classification

      Open Access

      Dynamics of Product Complexity in Africa: Structural Estimation Using Structuralists Model

      Published Online: 02 Mar 2019
      Page range: 11 - 35

      Abstract

      Abstract

      Applying the linear LAS (Latin American Structuralists) technological intensity model in Africa, this paper presents African nations are still diversifying their outputs towards the ubiquitous (fewer complexes) products. Put it simple, using the economic complexity index of Africa (explanatory variable) as a proxy for the technological intensity in Africa and per capita GDP gap (explanatory variable) as a proxy for technology gap, the paper presents a significant and positive relationship between economic complexity index of Africa and the time derivative of the economic complexity index of Africa (the explained variable). This implies that “weak” effort African nations exerted so far in diversifying their outputs towards the less ubiquitous commodities and absence of “automatic catch up tendency” (unlike what is presupposed by the mainstream neo-classical growth models). The linear panel data regression is employed on sample of 23 African economies and OECD member economies for the period 1996-2014.

      Keywords

      • Technology gap
      • technological intensity
      • economic complexity index
      • product diversification
      • product ubiquity

      JEL Classification

      • 01
      Open Access

      The Impact of European Uncertainty on the Gulf Cooperation Council Markets

      Published Online: 02 Mar 2019
      Page range: 37 - 50

      Abstract

      Abstract

      The interconnectedness of global economies made it inevitable for countries to isolate themselves rather, they partner with each other majorly for economic and political gains. This often at times have a positive and negatives outcomes base on the fact that the more advanced economy tends to cast shadow on the smooth and predictable movement of some markets in the less advanced economy. On this note, it is essential for scholars to relate and determine the impact and the direction of the movement specifically with regards to stock market performance and Economic Policy Uncertainty (EPU), as it concerns the Gulf Cooperation Council (GCC) region and the continent of Europe. Hence, this study investigates the effect of the changes of European Policy Uncertainty index on net oil exporter countries of the GCC stock market performance. Using the Vector Autoregressive (VAR) methodology to estimate the result, the outcome of the result implies that the impact of the changes in European policy uncertainty index on GCC’s stock markets is negative but not significant; the effect of Dollar exchange rate and US 3-month Treasury bill rate is not significant and finally, the effect of Brent Oil price on GCC countries’ stock markets is positive and significant.

      Keywords

      • GCC
      • Stock Market Performance
      • European Policy Uncertainty
      • VAR

      JEL Classification

      • F38
      • D81 & G15

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