scholarly journals Financial Architecture, Real Estate Market and Economic Development in Sub-Saharan African Countries: Evidence from Nigeria

2016 ◽  
pp. 1-16
Author(s):  
Kehinde Adekunle Adetiloye ◽  
Patrick Omoruyi Eke
Keyword(s):  
Economic Development ◽  
Real Estate ◽  
Real Estate Market ◽  
African Countries ◽  
Financial Architecture ◽  
Sub Saharan

scholarly journals Implications of Governance, Natural Resources, and Security Threats on Economic Development: Evidence from Sub-Saharan Africa

2021 ◽  
Vol 18 (12) ◽  
pp. 6236
Author(s):  
Husam Rjoub ◽  
Chuka Uzoma Ifediora ◽  
Jamiu Adetola Odugbesan ◽  
Benneth Chiemelie Iloka ◽  
João Xavier Rita ◽  
...  
Keyword(s):  
Economic Development ◽  
Natural Resources ◽  
Causal Effect ◽  
Sub Saharan Africa ◽  
Security Threats ◽  
African Countries ◽  
Significance Level ◽  
Long Run ◽  
Short Run ◽  
Sub Saharan

Sub-Saharan African countries are known to be bedeviled with some challenges hindering the economic development. Meanwhile, some of these issues have not been exhaustively investigated in the context of the region. Thus, this study aimed at investigating the implications of government effectiveness, availability of natural resources, and security threats on the regions’ economic development. Yearly data, spanning from 2007 to 2020, was converted from low frequency (yearly) to high frequency (quarterly) and utilized. Data analysis was conducted using Dynamic heterogeneous panel level estimators (PMG and CS-ARDL). Findings show that while PMG estimator confirms a long-run causal effect of governance, natural resources, and security threats on economic development, only natural resources show a short-run causal effect with economic development, while the CS-ARDL (model 2) confirms the significance of all the variables both in the long and short-run. Moreover, the ECT coefficients for both models were found to be statistically significant at less than 1% significance level, which indicates that the systems return back to equilibrium in case of a shock that causes disequilibrium, and in addition, reveals a stable long-run cointegration among the variables in the model. Finally, this study suggests that the policy makers in SSA countries should place more emphasis on improving governance, managing security challenges, and effectively utilizing rents from the natural resources, as all these have severe implications for the economic development of the region if not addressed.

Local Investments Site Selection and the Behavior of the Real Estate Market – Case Study in Poland

2017 ◽  
Author(s):  
Monika Siejka
Keyword(s):  
Economic Development ◽  
Real Estate ◽  
Negative Impact ◽  
Real Estate Market ◽  
The European Union ◽  
The Real Estate ◽  
The Real Estate Market ◽  
Real Estate Management

One of the main tasks of real estate management in the area of the municipality is making decisions concerning the location of investments on a local scale. These decisions should be taken with the principle of sustainable development. For such an action obliges Poland's membership in the European Union. Poland as a member of the EU is obliged to implement the rules in force in the Member States. Bearing in mind that any investment impact directly or indirectly on the economic development of the municipality, is therefore a significant impact on the local real estate market. Investments that have a negative impact on the environment can contribute to a reduction in the activity of the local real estate market. While performing tasks related to the economic development of the region and the increase in quality of life, increases the activity of the local real estate market. The work was carried out research on the dynamics of changes in the local real estate market in the area of the municipality Skrzyszow in the Malopolska province in Poland, in connection with the construction of the reservoir.

Energy, Environment and Socio-Economic Development

2012 ◽  
pp. 226-242
Author(s):  
Divine Odame Appiah ◽  
Francis Kemausuor
Keyword(s):  
Economic Development ◽  
Environmental Sustainability ◽  
Economic Activities ◽  
African Countries ◽  
Environmental Consequences ◽  
Socio Economic Development ◽  
Food Shortages ◽  
Main Driver ◽  
Energy Environment ◽  
Sub Saharan

This chapter espouses the spatial relationships between energy, environment and socio-economic development, as some of the main challenges African countries are grappling with. Energy is the main driver of all forms of socio-economic activities occurring within the human space over time. In Africa, however, low access to energy has, to a greater extent, hampered the socio-economic development of the continent. Although the Millennium Development Goals (MDGs) do not specifically stipulate on any energy target, the realization of all the goals stands threatened if households, commercial and industrial activities do not get the rightful access in terms of availability and affordability to energy systems, including their appropriate conversion technologies. The authors explore the dynamics of energy, socio-economic development and environmental sustainability in a nexus of the triple challenges facing Africa, from different African scenarios. In Africa, the obstacles opposing the continent’s bid to expand the energy frontiers from the traditional sources of wood and fossil fuels into other second and third generation energy forms have been constructed in the areas of intense competition for arable lands for food crops and feed stocks cultivation. Suffice to say that increasing population densities, food shortages and insecurity and malnutrition with associated diseases have culminated into acute forms of poverty in recent years in Africa; the problems have been aggravated by the wanton degradation of the environmental resource base and the over-dependence of particular energy mix at both the rural and the urban settings. The above disposition therefore, militates greatly against the socio-economic efforts of most countries in sub-Saharan Africa. From a systemic perspective, the energy sector which drives almost every sub-sector of the broader socio-economic activity needs to factor the environmental consequences of extraction and use, with the attending impacts of climate variability and change in a vicious cycle of sustainability.

scholarly journals Evaluation of investing in real estate in EU and non-EU countries based on MCDM

2019 ◽  
Author(s):  
Seyit Ali Erdogan ◽  
Andrej Naumčik
Keyword(s):  
Economic Development ◽  
Real Estate ◽  
Social Economic ◽  
Real Estate Market ◽  
The Real ◽  
The Real Estate ◽  
Eu Countries ◽  
The Real Estate Market

Investment in real estate is a zoning issue as the real estate market is closely related to economic development and trends in real estate market are considered to be indicators of trends in the whole economy of the country. The goal of this paper is to analyse the main aspects and considerations when investing in real estate, evaluate investment in real estate situation in different EU and non-EU countries and introduce MCDM methods that could be used for selecting a state for investment in real estate. It is identified that when investing in real estate various political, social, economic, environmental and other factors have to be taken into consideration. Analysed examples of EU (Lithuania, Romania, UK) and non-EU (Turkey, China, Russia) countries show different risks and opportunities for investments in real estate. MCDM methods are applicable to evaluate which countries are most attractive for investment in real estate. Described TOPSIS and ARAS methods could be used for assessing states as alternatives when selecting where to invest

scholarly journals Development of the Institutional and Economic Mechanism for Managing the Regional Real Estate Market

2018 ◽  
Vol 251 ◽  
pp. 05020
Author(s):  
Tagir Hametov ◽  
Irina Ishamyatova
Keyword(s):  
Economic Development ◽  
Real Estate ◽  
Real Estate Market ◽  
Residential Real Estate ◽  
Economic Mechanism ◽  
Economic Agents ◽  
The Russian Federation ◽  
Current Stage ◽  
Practical Level ◽  
Institutional Mechanism

A detailed analysis of the concepts of “economic” and “institutional” mechanism characterizing the current stage of economic development has been conducted. The socio-economic development of the residential real estate market at the level of the Russian Federation and the Penza Region, which is a developing region, has been studied. Based on the analysis of the main economic indicators of the residential real estate market, positive and negative aspects have been revealed. A model of the institutional and economic mechanism for managing the regional real estate market has been developed. The model reveals the essence of the effectiveness of the institutional and economic mechanism showing the dependence of the effectiveness of the institutional mechanism on the behavior of the main economic agents. A set of organizational, legal and economic measures, the implementation of which on a practical level contributes to the development of the residential real estate market, has been proposed.

Features of Retail Real Estate Market Dynamics in the North-Caucasian Region

10.12737/2490 ◽  
2014 ◽  
Vol 2 (3) ◽  
pp. 19-23
Author(s):  
Моргунова ◽  
Yelyena Morgunova
Keyword(s):  
Economic Development ◽  
Real Estate ◽  
Essential Role ◽  
Real Estate Market ◽  
Commercial Real Estate ◽  
The Other ◽  
The North ◽  
Regional Market ◽  
Real Estate Sector ◽  
Great Development

The commercial real estate market has a great development potential in this country. The author evaluates current developments at the regional market of retail real estate and its specifics inherent to the Southern Regions of Russia. Domestic market plays an essential role in the national economy, as a crucial factor of the of economic development pace. In many regions the commercial real estate sector demonstrates the highest development rates as compared to the other sectors of economy. The commercial real estate sector is also considered as the most attractive for investments. These factors emphasize the urgency of the presented research.

HIV/AIDS and Economic Development: Evidence from Thirty-Nine Sub-Saharan Countries

2008 ◽  
Vol 7 (2) ◽  
pp. 151-173
Author(s):  
Jennifer Kahende ◽  
Irving Hoch
Keyword(s):  
Economic Development ◽  
Political Freedom ◽  
Reciprocal Relation ◽  
Female Education ◽  
African Countries ◽  
Factors Affecting ◽  
Sub Saharan ◽  
Negative Impacts ◽  
The Impact ◽  
Hiv Aids

AbstractThis paper (1) examines whether there is a bilateral relationship between HIV/AIDS and economic development; (2) estimates the impact of HIV/AIDS on economic development; and (3) identifies some of the factors affecting the spread of HIV/AIDS. Analyses are based on data from 39 sub-Saharan African countries for the period 1989-1998. HIV/AIDS negatively impacted economic development, with no evidence of a reciprocal relation. Expenditures on health and education as well as political freedom had positive impacts on development, but negative impacts on HIV/AIDS incidence. Expenditures on female education impacted development and HIV/AIDS incidence.

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