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Original Article127 downloads
INSTITUTIONAL ENVIRONMENT AND UNEMPLOYMENT HYSTERESIS IN NIGERIA – ANY EVIDENCE FOR JOBLESS GROWTH? A MARKOV SWITCHING APPROACHUnemployment hysteresis is the persistence rate of unemployment that postdates an initial decline in economic growth. This study seeks to investigate how institutions due to a structural technological change known as jobless growth. In retrospect, the study analyse further, the role of institutions and macroeconomic fundamentals in the mist of high unemployment rate in the country. The technique of analysis is the Markov Switching Dynamic Regression (MSDR) and owing to the structural adjustment programme launched in 1985, the period of investigation spans 1986 – 2021. The preference for the MSDR technique is to investigate regime-switching patterns of output in Nigeria and show evidence for the various slopes, swings and structural changes in macroeconomic policies over the period under investigation. The study found evidence for unemployment hysteresis in Nigeria but this expected result would likely hinge on the incongruence of institutions and macroeconomic fundamentals rather than due to any structural technological change in Nigeria. The required proportions of macroeconomic policies and stable institutions to reduce unemployment, and the lag period to become effective, are further suggested. Defense.
Original Article63 downloads
Self-Help Group Bank Linkage Microfinance Model- An holistic approach towards empowering womenWomen who volunteer in local, self-help organizations have a favourable influence on women's social, political, and economic lives. It is regarded as a vital instrument for rural development. Numerous social and economic issues might be resolved by empowering women. Since women's socioeconomic advancement is at the forefront of national development, it stands to reason that the government has been deeply concerned about it. For this reason, 2001 was proclaimed the "Year of Women Empowerment." A powerful tactic for empowering women in many areas is the self-help group. Participation enhanced the family's income, decision-making, level of education, capacity for taking risks, and ability to escape poverty. The study primarily focuses on the socioeconomic growth of SHG members and makes an effort to comprehend the difficulties they encounter. After participating in this program, the self-help group members felt more powerful and attained a higher status by developing certain abilities inside themselves.
Original Article116 downloads
The Effect of Green Tourism Marketing and Destination Image on Re-Decision on Tourism ObjectsThis research aims to recommend that stakeholders in tourism-related entities in Lubuklinggau City consider implementing green tourism marketing strategies. Such initiatives would enhance the environmental condition and cultivate a positive perception of the destination, there by encouraging tourists to revisit their favorite attractions. At least two visits to tourist attractions comprised one hundred percent of the population of respondents. The findings indicate that the encouragement to return is impacted by green tourism marketing. Remaining is influenced by the perception of the destination. Recurrence Decisions are concurrently influenced by Green Tourism Marketing and Destination Image.
Original Article389 downloads
Effective Recruitment Strategies for Talent Management Initiatives in Australian OrganisationsOrganizations can only succeed if they have established effective recruitment strategies to attract, select, and retain the best and the brightest employees who will create success for the organization and give it a competitive advantage. This study analyzes the efficacy of recruitment techniques for talent management programs in Australian organizations by comparing traditional and digital recruiting options and employee referral programs and their effects on talent recruitment, retention, and organizational performance indicators. The research was qualitative, using a structured survey questionnaire in which data was collected from 150 organizations in Australia from various industries. Research demonstrates that in the realm of digital recruitment processes and employee referral programs, the two are often used extensively with satisfactory results, shortening the time of recruitment, enhancing employee retention and reducing costs of employment. Moreover, the study recommends materials for future research on longitudinal effects, cross-cultural variants, and emerging strategies of recruitments and talent management. Generally speaking, in essence, these results are very useful indicators and practical tools for organizations to improve their recruitment methods and yield desired results.
Original Article239 downloads
Personal Income Tax and Tax Compliance on Economic development in NigeriaThis study investigated the influence of personal income tax and tax compliance on economic development in Nigeria from 1999 to 2022. Using personal income tax as a ratio of gross domestic product, the study employs ordinary least squares (OLS) technique to analyze the data. Results indicate a significant positive effect of personal income tax on economic development, while tax compliance rate shows a significant negative impact. Recommendations include enhancing tax compliance by addressing loopholes that facilitate tax avoidance and under declaration of tax returns.
Original Article31 downloads
MULTI-CRITERIA DECISION SUPPORT SYSTEMS USING GENERATIVE AI: AN APPLIED EXCEL-BASED SUPPLIER RANKING CASE STUDYIn modern organizations, decision-making rarely relies on a single indicator, as business problems are typically shaped by conflicting requirements such as lower cost, higher quality, lower risk, faster delivery, and greater reliability. In this context, decision support systems (DSS) and business intelligence (BI) provide a benefit framework for structuring problems, processing data, and evaluating alternatives. At the same time, generative AI, especially large language models, is becoming increasingly available as an auxiliary tool for formulating formulas, explaining results, preparing reports, and interpreting findings. However, its use in business decision-making requires transparency, source verification, and clear human accountability.
This paper aims to demonstrate, both theoretically and practically, how multi-criteria decision-making can be implemented as a lightweight DSS model in Microsoft Excel and how generative AI can be incorporated as a supportive, rather than autonomous, component of decision-making. The Simple Additive Weighting / Weighted Sum Model (SAW/WSM) is applied through the normalization of cost and benefit criteria, weighting, and sensitivity analysis based on changes in the weight assigned to price. The case study includes three suppliers and four criteria: price, quality, technical support, and delivery time.
The results show that under the initial criterion weights (0.4, 0.3, 0.2, 0.1), TechSol achieves the highest overall score (0.9027). However, after increasing the weight of price to 0.6 and proportionally rescaling the other weights, GlobalIT becomes the top-ranked supplier (0.9022). This finding confirms that DSS should not be seen as tools that provide a single definitive answer, but rather as transparent frameworks for examining the consequences of different managerial priorities. The paper concludes that an Excel-based MCDM model is a practical, accessible, and reproducible solution for operational decision-making in small and medium-sized organizations, but that its reliability depends on data quality, spreadsheet error control, and the responsible use of generative AI.
Original Article6 downloads
THE SUSTAINABILITY OF HYBRID CORN FARMING IN SOUTH BENGKULU REGENCYSouth Bengkulu Regency has a commodity that
plays a role in economic development and provides multifunctional economic
value, one of which is hybrid corn. In 2022, the contribution of corn
production in South Bengkulu Regency reached 61,884 tons with a harvested area
of 9,444 hectares (Bengkulu Provincial Agriculture Office, 2023). Specifically,
in Seginim District and Kedurang Ilir District, which are the highest hybrid
corn-producing areas in South Bengkulu Regency. To stabilize hybrid corn
production in South Bengkulu Regency, it is necessary to develop sustainable
agriculture to ensure the existence and availability of hybrid corn stocks. The
sustainability analysis of corn farming in South Bengkulu Regency uses five
dimensions: social, environmental, economic, technology and infrastructure, and
institutions. This analysis is expected to evaluate the sustainability of
hybrid corn farming so that the issues hindering its sustainability in South
Bengkulu Regency can be addressed quickly and effectively. The objective of
this research is to determine the index and sustainability status of hybrid
corn farming in South Bengkulu Regency and to understand the interdependencies
between attributes in hybrid corn farming in the region. The methods used are
Multidimensional Scaling (MDS) and Prospective Analysis. The results indicate
that South Bengkulu Regency falls into the category of less sustainable, with
nine key attributes having a strong influence on the system.