SocioEconomic Challenges (SEC)
Permanent URI for this collectionhttps://devessuir.sumdu.edu.ua/handle/123456789/61497
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Item Public Investment in Human Capital and Economic Growth in Algeria: An empirical study using ARDL approach(Sumy State University, 2022) Ramli, M.; Boutayeba, F.; Nezai, A.The main aim of this research paper is to examine empirically the link between public investment in human capital and economic growth in Algeria over the period 1990-2017. In fact, public authorities spend annually considerable funds to make both education and health available for all citizens as they are vital elements for a better life. This political action which is well understood from social perspective should have also some economic benefits especially in terms economic growth. Scholars strongly argued the crucial importance of investing in human capital to spur growth. In this context, the current paper tends to assess the impact of public spending devoted to human capital components on economic growth in Algeria. To do so, the study used annual time series data of government expenditures on these two sectors ranged from 1990 to 2017, and employs for estimation the autoregressive distributed lag (ARDL) approach. The main finding of this paper is that there is no cointegrating relationship between these two variables in the long run. This result is in line with many previous studies in Algeria as well as in other developing countries. This basically supports the idea that spending on education and health would not inevitably lead to growth. The lessons learnt from the experience of emerging economies denote that there are a series of preliminary conditions that should be set up to make the association between public investment in human capital and growth possible. Government spending alone cannot induce economic growth if corruption prevails and resources are inefficiently allocated. Also, it is the quality of health and education that matters. In Algeria, despite of the considerable funding of education and health sectors, the quality of service offered inside schools and hospitals is still poor. Thus, increasing numbers of doctors leave the country because they believe that work conditions are not suitable. Many Patients also prefer to join foreign hospitals because they believe that local medical service is somewhat unsatisfactory. Likewise, a great number of university students choose to join foreign universities to pursue their higher studies because they consider the quality of local universities is poor. Based on this evidence, policymakers are invited to take into consideration these conditions among others in order to strengthen the impact of public investment in human capital on economic growth in the future.Item The Global Socioeconomic Impact of Mental Health(Sumy State University, 2022) Louis, R.This paper outlines the arguments and counterarguments within the scientific communities on the issue of common genetic factors discovered in mental disorders. The main objective of the research is to analyse the relationship between genetics and mental health. The relevance of this study by FAAVM Canada, (North America), is to help recognize that major mental health disorders share certain genetic defects. These findings may also point to apply better multidisciplinary scientific research methodologies to diagnose and treat these conditions. However, genetic factors can increase the risks of mental health issues, or make us more vulnerable to developing them, by reducing the brain’s ability to deal with or compensate for traumas and other cognitive disruptions. This research empirically confirms and theoretically proves that the results can be useful for vaccine and pharmaceutical drug development. Across the European Union (EU) region, approximately 165 million people are affected annually by mental illnesses, for the most part, anxiety, mood, and substance abuse disorders. On average, over 50% of the general population in middle-income and high-income countries will experience at least one mental illness at some point in their lives. That being said, mental illnesses are by no means limited to a minority group of predisposed persons but are a major public health challenge. These scientific attributes are in fact mandatory diagnostic criteria that exert considerable socio-economic repercussions not only for those affected but also for their families, communities, social, and employment related environments. In the first year of the Coronavirus (COVID-19) global pandemic, global frequency of anxiety and depression increased by an immense 25%, according to a scientific summary released by the World Health Organization (WHO). Mental illnesses and substance abuse disorders account for over 10.4% of the global burden of mental health diseases, owing to demographic changes and prolonged life expectancy, and were the leading cause of years lived with disability among all disease groups.Item Cash Transfer Programmes For Reducing Poverty And Vulnerabilities: Effects On Children’s Health In Sub-Saharan Africa And Latin America(Sumy State University, 2022) Awojobi, O.N.This paper summarizes the arguments and counterarguments within the scientific discussion on cash transfers and child health. The main purpose of the research is to assess the effects of cash transfers on children’s health and development outcomes in sub-Saharan Africa and Latin America. Systematization of the literary sources indicates that studies have justified cash transfer as social-income support that addresses a vital social determinant of health (income) for children in low-and-middle-income countries. The methodological basis of this study is a systematic review that searched a wide range of electronic databases such as PubMed, ResearchGate and ScienceDirect. Studies included in this review included randomized controlled trials (RCTs), cluster-RCTs, quasi-experimental and mixed methods studies of cash transfer interventions in children 0-18 years. Inclusion criteria were met by eight studies, four from Africa and four from Latin America. The systematic review presents the results of data synthesis of the included studies that mainly reported the effects of cash transfer programmes on child anthropometry outcomes, cognitive development, morbidity, and healthcare utilization. The review found cash transfer programmes to improve these variables among children in households receiving cash transfers. This systematic review has added to the debate on cash transfers and children’s health outcomes. In general, the systematic review indicates that cash transfer programmes intended for children are effective at improving anthropometric, health, and cognitive outcomes, as well as access to healthcare. However, there is a need for more research to clarify the multiple pathways by which cash transfers can improve children’s health and nutritional outcomes. It is also necessary to clarify what factors explain the variety of effects of cash transfer programs on child health and nutritional status. Finally, cash transfer interventions are not permanent mechanisms for promoting access to healthcare. Policymakers in developing countries should borrow ideas on how to finance healthcare services for improving the socio-economic wellbeing of citizens.Item International trade policies and sustainability of nano-textiles(Sumy State University, 2017) Narayanan, B.G.; Kadasala, N.R.; Achari, N.L.V.; Sahoo, S.While a considerable part of developments in the field of industrial and technical textiles involves nanomaterials, there are increasing challenges faced across the world in their acceptability and sustainability. Their potential adverse impact has been documented in the scientific literature. European Commission and USEPA (United States Environmental Protection Agency) have already come up with regulations that govern these materials. In future, therefore, we can expect trade sanctions by these countries on exports of nano-textiles from countries like India. In this paper, we shall discuss the technical literature that points towards potential hazards of nano-textiles and the policy aspects currently in place. Further, we employ a widely used global economic (Computable General Equilibrium) model (GTAP – Global Trade Analysis Project) to evaluate the economic and business impact of such sanctions quantitatively, in a stochastic and comparative setting.