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The Effect of Capital Flight on Economic Growth in Rwanda
Issue:
Volume 12, Issue 3, September 2023
Pages:
35-44
Received:
31 May 2023
Accepted:
27 June 2023
Published:
15 September 2023
Abstract: Capital is the most important factor of production particularly in a developing economy. Capital flight is probable to have negative influences on equality, with wealthy residents escaping better taxation, or decrease after-tax returns at domestic, at the same time as poorer citizens face better taxation and cuts in social offerings. The study adopted the Investment Diversion Theory and Debt Overhang Theory. The study adopted an ex-post facto research design with a sample length of 32 years from 1990 to 2022 and trusted secondary statistics from Rwanda country wide statistics (RNS), the applicable financial group of Rwanda (NBR) and the Ministry of Finance and economic making plans (MINECOFINE). Findings, indicate correlation between paying off external debt and economic development. Profits Repatriations had a coefficient and a great opportunity rate both of which had been large. This showed that Rwanda experiences economic growth in the same year that profit repatriations decrease annually. The foreign portfolio investment outflow has a coefficient and a non-significant probability. This indicates that the relationship between the outflow of overseas portfolio investment and economic. The study encourages Rwanda to comply with its current external debt policy through international credit standards. Governments should issue guidelines to encourage foreign portfolio investors to invest in offshore markets to optimize national economic growth and foreign portfolio investment outflows. Capital controls should be put in place to prevent capital outflow from the country. Furthermore, critical, and conscious efforts may be made to deal with the contemporary macroeconomic conditions uncertainty to mitigate the effect on capital flight.
Abstract: Capital is the most important factor of production particularly in a developing economy. Capital flight is probable to have negative influences on equality, with wealthy residents escaping better taxation, or decrease after-tax returns at domestic, at the same time as poorer citizens face better taxation and cuts in social offerings. The study adop...
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A Review of Issue on Reinvents of Talent Management and Organizations Concerns
Issue:
Volume 12, Issue 3, September 2023
Pages:
45-50
Received:
23 June 2023
Accepted:
8 July 2023
Published:
9 October 2023
Abstract: In the context of rethinking conventional methodologies, this review examines the changing talent management landscape and the related organizational challenges. Organizations are confronted with unprecedented difficulties in attracting, fostering, and maintaining talent as a result of the rapid improvements in technology, globalization, and shifting worker demographics. The current study attempts to analyze the most recent talent management trends, tactics, and best practices while also addressing the issues that arise when businesses decide to reinvent their personnel management procedures. The paper also explores the crucial organizational issues related to rethinking talent management, such as the need for efficient change management techniques, cultural alignment, skill gaps, and resistance to change. This review investigates techniques and frameworks to deal with these issues and guarantee the application of fresh talent management ideas. It also looks into the effects of re-imagined talent management on worker productivity, engagement, and overall organizational success. However, it goes on to look at how businesses may develop their potential and achieve success by fostering a culture of empowerment, diversity, and continual learning. The assessment concludes by offering a thorough analysis of the organizational issues raised by the reinvention of talent management. The current trends, difficulties, and opportunities in talent management in the contemporary business environment are explained in this useful resource for HR professionals, leaders, and scholars.
Abstract: In the context of rethinking conventional methodologies, this review examines the changing talent management landscape and the related organizational challenges. Organizations are confronted with unprecedented difficulties in attracting, fostering, and maintaining talent as a result of the rapid improvements in technology, globalization, and shifti...
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The Role of Management Science in Solving Some of the Problems of Industrial Establishments Specialized in the Furniture Industry in Damietta (A Case Study)
Yomna Gamal El-Din El-Gohr,
Hatem Mohammed Fathy Idrees,
Ahmed Esmail Awaad
Issue:
Volume 12, Issue 3, September 2023
Pages:
51-63
Received:
3 December 2022
Accepted:
25 June 2023
Published:
14 October 2023
Abstract: Damietta city is considered one of the most important industrial entities in Egypt due to its excellence in a number of industries, especially furniture industry, which has gained wide fame worldwide over the past decades. The furniture industry in Damietta faced a large number of challenges that caused a state of recession and stagnation, which leads us to question the causes of this crisis and search for the best ways to deal with it. In the study, the administrative activity developments synchronized with the industrial developments were tracked, plus identifying external environment variables that had an impact on the industry. Plus, a questionnaire was distributed to a number of furniture factories that share several features. Its purpose is to determine the extent to which management principles are applied therein and its impact on the performance of the factory. The research dealt with a case study of one of the factories and the study indicated the existence of a number of problems that were addressed, and proposing appropriate solutions to them based on the scientific foundations and standards aimed at increasing effectiveness and raising efficiency and productivity. The results indicated that as the industry developed, administrative practices developed that would enable companies to Maximizing the benefit of these industrial developments, plus the negative impact of external environmental changes on the industry, plus the weak application of management principles within Damietta furniture factories, and the possibility of raising the performance of furniture factories through Apply appropriate management solutions and practices.
Abstract: Damietta city is considered one of the most important industrial entities in Egypt due to its excellence in a number of industries, especially furniture industry, which has gained wide fame worldwide over the past decades. The furniture industry in Damietta faced a large number of challenges that caused a state of recession and stagnation, which le...
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