The Impact of Exchange Rate on the Growth of Nigerian Economy From 1960 to 2010

This paper examined the impact of exchange rate on the growth of Nigerian economy using time series data from 1960 to 2010. The paper utilized secondary data and explored various econometrics and/or statistical analytical （E-view 7.0） method to examine the relationship between exchange rate and economic growth. The paper tested the stationarity--through unit root test （ADF）, Vector Autoregressive Estimates （VARs）, cointegration test, Granger-Causality test of Nigeria＇s time series data, and used an error correction model through over-parameterization and parsimonious model to determine the long-run relationship among the variables examined. It was discovered from the findings that the growth rate of national income was directly related to domestic investment and economic growth. The paper recommended based on the econometric results among others that the government should ensure that prevailing economic situation in Nigeria is tolerable in order to reap the full benefit/advantage of exchange rate policy, encourage domestic production of goods and services to enable the domestic economy to benefit from the exchange rate policy, ensure the stability of macroeconomics variables, and ensure the exchange rate policy which is to encourage exports and discourage imports in order to avoid cash drain （or flight） in the economy.     

金融危机对我国经济增长的影响及应对策略

金融危机通过贸易领域传导至我国,对我国出口、投资、消费产生了较大的影响,从而抑制了我国的经济增长。我国经济增长除受到外因作用而放缓之外,还受到我国自身经济结构不合理、发展方式不科学的制约。面对金融危机的挑战,政府应加快推进经济结构调整、切实转变经济发展方式,促使消费、投资、出口协调拉动经济增长,以保持我国经济健康平稳可持续增长。     

Policy Advocacy in Hard Times: The Impact of Economic Performance on Gendering Executive Attention

Securing executive attention for new policy demands is notoriously difficult as governmental agendas are crowded by established or ‘core’ policy issues. This article investigates whether it is harder for new and costly policy issues to reach the government agenda when the economy is performing badly. It examines whether, and the extent to which, costly gender equality issues regarding women’s access to the labour market, equal treatment at work and care activities, are more likely to achieve executive attention when the economy is performing well. Using the Comparative Policy Agendas database, a systematic, quantitative analysis is conducted of when and why policies promoting sex equality in the division of labour reach executive agendas. The findings confirm that advocacy for costly gender equality measures is easier to make in times of economic growth. It is also found that female representation in parliament strengthens advocacy for executive attention and reduces friction on policy agenda change.     

The Impact of EU Referenda on National Electoral Politics: The Dutch Case

This study deals with the issue of increasing contention regarding European matters in national arenas. Specifically, it focuses on the impact of European Union referenda on national elections. EU referenda have two important consequences for national politics: they increase inter-party conflict over Europe and gear up voters' salience to EU matters. In doing so, EU referenda allow voters to identify parties closest to them on the EU issue, thereby increasing the likelihood that they will vote for a party on the basis of EU attitudes (i.e. EU issue voting). These propositions are evaluated empirically in a quasi-experimental setting by comparing two parliamentary elections before and after the first Dutch EU referendum in 2005. The findings show that referenda indeed facilitate the development of EU issue voting. Consequently, the conclusions of this study are not only relevant to observers of Dutch politics, but also contribute to a larger debate within the field of EU studies.     

世界经济区域集团化发展的理论分析及启示

区域集团化的原因在于:经济全球化和各国国内经济发展之间的矛盾运动;追求市场多元化,克服对单一市场的过度依赖;获得政治竞争优势.关税同盟理论表明,区域集团的贸易创造效应可能对世界经济发展有利,贸易转移效应可能对世界经济发展不利;大市场理论表明,区域集团能够促使规模经济形成,加剧竞争,提高管理和刺激技术发展,增进区域内直接投资;奥尔森的理论表明,区域集团会对成员国的各种特殊利益集团形成约束,促进各国经济效率的提高.区域集团化发展给我们的启示是:应以国家长期利益为重,树立均胜观;加强对内开放;加强与周边国家或地区的合作.     

The Impact of Economic Performance on Electoral Support in Sweden, 1967–1978*

This article investigates the impact of macroeconomic conditions on aggregate political support for governing parties in Sweden over the period 1967–1978. After reviewing survey evidence on the relative salience of economic and fiscal issues to the Swedish electorate, a novel, dynamic model of political support is presented. The model incorporates the ideas that voters evaluate economic performance relatively rather than absolutely, and that governments' mass political support is based on their cumulative performance records. The empirical results supply estimates of the impact of unemployment, inflation, the real income growth rate and the income effects of direct tax and transfer policies on political support. The evidence suggests that the responses of political support to reasonable movements in macroeconomic conditions are large enough to give economic management a pivotal role in electoral shifts.     

经济发展的内在机制

本文从经济增长的源泉出发,从生产力和生产关系两个方面探讨了微观经济个体相互作用以形成整体经济发展的过程,并就经济发展的未来趋势作了展望.     

The Influence of EU Membership on Methods and Processes of Budgeting in Britain and France, 1970–1995

This article explores the impact European Union (EU) integration has had on methods and processes of budgeting in France and Britain from 1970 to 1995. It assesses whether convergence of budgetary institutions occurs and, if so, whether it is promoted by an obligation of compliance or by an hybridization effect. Compliance refers to changes in national budgetary institutions made compulsory by membership in the EU. Hybridization emphasizes that national and EU budgetary processes are increasingly interwoven and indivisible. Public budgeting is no longer purely national because part of the decision-making on national expenditure is made at the EU level and because the national budget is closely linked to the EU budget in financial and policy terms. Based on an institutional analysis, combined with elite interviewing, the article suggests that hybridization is a significant factor contributing to a convergence of budgetary practices in Britain and France. Underlying the argument is the fact that an increasingly important function of departmental actors involves negotiating with their EU counterparts at the EU level, in addition to the conventional budgetary game at the domestic level. Regarding compliance, there is an influence as testified by significant formal institutional convergence. However, compliance seems a less effective factor in influencing convergence than hybridization because it conveys a "negative" approach to convergence, based on enforcement and sanctions. The article suggests that the convergence of administrative systems is promoted by the growing similarity of administrative practices more than by the harmonization of rules.     

The Impact of Local Economic Structure on Community Philanthropy

This article explores how local economic structure directly and indirectly affects community philanthropy. Drawing on campaign data for local United Way (UW) affiliates at three points in time (1990, 2000, and 2010), the article tests the degree to which the relationship between economic structure and community philanthropy is mediated through local stocks of human resources and social capital. The results suggest that retail employment and industrial concentration negatively affect local UW campaigns, while nonlocal ownership positively affects UW campaign size. These measures of economic structure also indirectly influence local UW fund‐raising activities by affecting the levels of human resources and social capital. In the midst of global efforts to increase community‐based philanthropy, these findings have important policy implications for efforts to promote community solutions to social issues in changing economies.     

The Impact of Customer Orientation on Government Employee Performance

ABSTRACT

This article explores the impact of “customer service” orientation on government employee performance. Although public organizations have been encouraged to become customer-centered organizations, concerns exist about the application of such market orientations to the management of government organizations. This article joins in the customer orientation debate by exploring the impact of customer orientation on employee motivation and performance. Using quantitative and qualitative analysis of data from civilian employees at a Department of Defense installation, this study explores the impact of customer orientation on employee performance and motivation, across time and work roles.

Consistent with previous research that suggests that customer orientation is positively associated with public and private employee performance and work attitudes, the results of this study suggest that customer service orientation has a strong positive impact on employee performance and motivation. Employee customer orientation provides a connection to the organization's goals consistent with employees' affective and normative values of public service, and feedback necessarily to improve service delivery. The impact of formal management systems may be enhanced by their ability to strengthen an employee's customer orientation. Ultimately, however, efforts to create a more “market”-based orientation focused on institutional customers who purchase services may have limited impact, or even a deleterious effect on, employee performance and motivation, unless also accompanied by formal linkages to service beneficiaries.     

The Impacts of State Capital Management Programs on State Economic Performance

Although the normative literature advocates systematic capital management practices, empirical studies investigating the tangible benefits of these practices are rare. Based on previous findings that public investment affects economic growth, this study extends the model of government spending and economic growth to investigate the effect of systematic capital management programs on state economic performance. Using panel data from 1997 to 2004 and the Government Performance Project's data on state capital management practices, the empirical results indicate that highly systematic capital management programs positively alter the relationship between the state's capital spending levels and the state's economic growth rate.     

The Impact of Funding Modalities on the Performance of Indigenous Organisations

Governments’ choice of funding modality can produce powerful incentives for organisations to perform in preferred ways, but it can also divert limited resources, narrow accountability, and undermine capability. Through literature review and interviews, the research explored the international literature on public finance management in developing country contexts, and compared this to case studies of Indigenous organisations. The situation in Australia was found to differ in three ways: (1) performance indicators are imposed, rather than negotiated; (2) few existing public funding modalities reward performance or provide incentives; and (3) funding arrangements do not generally require receiving organisations to be accountable to their constituents. Stability and durability of funding modalities, and clarity in functions and jurisdictional boundaries, were also found to positively influence performance. Further research is required to design new performance frameworks that build around the organisation, rather than the grant, with indicators of governance capability and downward accountability to constituents.     

The Impact of Low Trust on Economic Development: The Case of Latin America

Deficiencies of trust in many Latin American countries significantly impede efforts to attain sufficient levels of sustainable, long-term economic growth. This paper discusses the role of trust as seen through the eyes of small entrepreneurs in Latin America. Three tables are discussed that specifically portray the role of trust in society, how entrepreneurs use trust to sustain their enterprises and socioeconomic networks, and the impacts of low trust in economic development in Latin America. This paper confirms what many leading scholars have claimed over the past two decades, that a cultural legacy of fractious civil societies accompanied with disruptive and often-corrupt polities does matter when measuring human progress and economic development.     

新一轮减税降费促进民营企业发展研究

民营企业是我国市场经济的主体,激发民营企业的积极性和创造性有利于推动供给侧结构性改革、夯实实体经济基础、推动经济转向高质量发展。改革开放以来,我国实施了多次减税降费政策,对降低企业成本、减轻企业负担、增强企业竞争力发挥了重要作用。2019年以来,我国实施的新一轮减税降费政策的规模和强度都是空前的,全方位、多层次地支持民营企业发展,有力提振了民营企业发展的信心,极大提升了民营企业科技创新能力,大大增强了民营企业参与国际市场竞争底气,有效地巩固了民营企业市场主体地位。未来我国减税降费政策将更加注重引导民营企业把减税降费红利投向技术创新领域,加强对减税降费政策的评估和动态调整,着力克服伴随的负面影响以及做好配套改革等,使减税降费从扶持性政策向制度化长效机制转变。     

The many uses of regulatory impact assessment: A meta‐analysis of EU and UK cases

Research on regulation has crossed paths with the literature on policy instruments, showing that regulatory policy instruments contain cognitive and normative beliefs about policy. Thus, their usage stacks the deck in favor of one type of actor or one type of regulatory solution. In this article, we challenge the assumption that there is a predetermined relationship between ideas, regulatory policy instruments, and outcomes. We argue that different combinations of conditions lead to different outcomes, depending on how actors use the instrument. Empirically, we analyze 31 EU and UK case studies of regulatory impact assessment (RIA) – a regulatory policy instrument that has been pivotal in the so‐called better regulation movement. We distinguish four main usages of RIA, that is, political, instrumental, communicative, and perfunctory. We find that in our sample instrumental usage is not so rare and that the contrast between communicative and political usages is less stark than is commonly thought. In terms of policy recommendations, our analysis suggests that there may be different paths to desirable outcomes. Policymakers should therefore explore different combinations of conditions leading to the usages they deem desirable rather than arguing for a fixed menu of variables.     

The Impact of Performance Management on Performance in Public Organizations: A Meta‐Analysis

Performance‐based management is pervasive in public organizations; countless governments have implemented performance management systems with the hope that they will improve organizational effectiveness. However, there has been little comprehensive review of their impact. This article conducts a meta‐analysis on the impact of performance management on performance in public organizations. It contributes to the current literature in three ways. First, it examines the effect of the “average” performance management system. Second, it examines the influence of management: whether beneficial performance management practices moderate the average effect. Third, it examines the effect of “time” on performance management. Using 2,188 effects from 49 studies, the analysis finds that performance management has a small average effect. However, the effect is substantially larger when indicators of best practices in high‐quality studies are included, indicating that management practices have an important impact on the effectiveness of performance management systems. Evidence for the effect of time is mixed.     

经济增长对要素禀赋变化的影响

本文梳理了资本积累、经济增长与资本丰裕度的动态变化之间的理论关系.要素禀赋决定于长期的资本积累和经济增长条件,而资本积累决定于经济的储蓄、投资意愿以及生产的效率.新古典的经济增长与贸易理论认为,长期中,一国的要素禀赋和比较优势完全由资本投资的数量,即由偏好和储蓄率决定.林毅夫和李荣林从生产函数的角度阐述了发展中国家使资本的丰裕度增加,从而改变贸易模式的途径.而所谓的"长期赫克歇尔俄林定理"则认为,要素禀赋差异不仅决定了静态的贸易模式,而且要素禀赋的初始状态决定了长期的比较优势.     

The Impact of Subnational Fiscal Policies on Economic Growth: A Dynamic Analysis Approach

Much previous research has analyzed the effect of state and local taxes and expenditures on economic growth, but usually in a static manner. In this paper, we use panel vector autoregression (PVAR) to examine the effects of taxes and expenditures on state income growth. This methodology allows us to treat all variables in the model as endogenously determined. Our approach allows us to address the endogeneity problem inherent in fiscal policy research as well as to obtain results for both the short term and intermediate term (up to six years). Consistent with prevailing wisdom, taxes are shown to have a negative effect on economic growth, but the effect only is present in the short run. Public capital spending has a positive effect on growth in both the short and intermediate terms. Operational expenditures exhibit positive effects on growth over the entire analysis period.