International Journal on Economics, Finance and Sustainable Development

Participating Stakeholders in Decision Making of Tertiary Institutions in Nigeria as Panacea for Tertiary Education Development in Nigeria

Niyi Jacob Ogunode, Afolabi Iyabode Omolola, Okani Doris Ugo-onyeka — Sun, 09 Feb 2025 11:23:13 +0000

This paper looked at the benefits of participating stakeholders in the decision-making of tertiary institutions in Nigeria. The paper is a position paper that depends on secondary data. The secondary data were collected from online and print publications. The paper identified a stable academic environment, effective implementation of tertiary education goals, quality tertiary education and job satisfaction, and adherence to democratic principles, as those things that lead to substantive decisions and outcomes and lead to accountability and transparency in the system as benefits of participating stakeholders in the decision making of tertiary institutions in Nigeria. The paper concluded that the participation of stakeholders in the decision-making of tertiary institutions in Nigeria is vital to the realization of tertiary education goals in Nigeria. The paper recommends that the government and the agencies in charge of tertiary education management in Nigeria should ensure stakeholders in the Nigerian tertiary institutions are always engaged and consult before making policies and taking a decision that directly and indirectly affects the operation and welfare of the staff in the tertiary institutions in Nigeria.

Main Trends and Directions of External Migration

Salimov Sherzod Yunusovich — Thu, 13 Feb 2025 07:06:33 +0000

This study takes into account these macroeconomic conditions, but focus is shifted to the reasons for the change in migration processes in terms of poorly understood sociocultural factors that affect foreign labor migration and reintegration of labor migrants in Uzbekistan. The article is based on reports from specialized studies of foreign labor migration and employment conducted by the Ministry of Employment and Labor Relations of Uzbekistan, publications of studies by international organizations, and data from indepth interviews with migrants and their families. The research revealed that under the influence of macroeconomic conditions, the change in the sociocultural context in 2006–2019 contributed to expansion of the geography of migration flows from Uzbekistan, the emergence of such phenomena as the “feminization” of migration and its “rejuvenation” against the background of certain elements of egalitarianism in an initially patriarchal society.

Global Financial Crisis (2007-2008) and Foreign Direct Investment (FDI) Inflows' Resilience to other Capital Flows in Sub-Sahara African (SSA) Countries

Onu King Ezebunwa — Fri, 21 Feb 2025 04:28:01 +0000

: This study examines the effect of global financial crisis (2007-2008) on foreign direct investment inflows' resilience to other capital flows to selected Sub-Sahara African (SSA) Countries. This study was motivated by the assertion that foreign direct investment (FDI) inflows to developing economies are resilient than other capital inflows in 2007-2008 global financial crisis that originated in developed world. Specifically, the study ascertained whether foreign direct investment (FDI) inflow is significantly resilient than foreign portfolio investment (FPI) inflow in SSA. Using panel datasets from 26 SSA countries, the study explored non-stationarity and heterogeneous – based dynamic panel estimators namely, Mean Group (MG) and Pooled Mean Group to empirically implement the objectives. The findings of the study amongst others revealed significant evidence of the resilience of the inflow of foreign direct investment to SSA during the global financial crisis period of (2007 – 2008), contrary to the wide-spread assertion that developing economies are immune to the impact of the crisis. Also, we found that the foreign direct investment (FDI) inflow is significantly resilient than foreign portfolio investment (FPI) inflows in SSA. This study recommends the policies that may stabilize growth of FDI inflows. Thus, more foreign investors should be attracted which should increase investment opportunities and growth in the region. Greater attention should be given to FDI whenever global financial crisis is experienced.