This study aimed to analyse financial liberalisation, political stability, and economic determinants of Kenya’s real economic growth using time series data over the period of 1970–2016. The authors specified quadratic and interactive models to be estimated by employing a quantile regression analysis. The traditional and quantile unit root test was used in testing the stationarity issue. The co-integration findings indicated that the capital account openness and financial development impede on real economic growth; and the political stability also had potential influence on the real economic growth of Kenya. Interestingly, there is a nonlinear U-shape link between financial development and real economic growth that undermined the real economic growth at its onset, but as it advanced, it enhanced the growth of the country in the long run. The policymakers should ensure that the capital account is more liberalised so that it will continue to stimulate the financial development. In the same way, the liberalisation of the domestic financial market should be taken in earnest to overcome the negative effects of financial repression in totality, while maintaining the stable political atmosphere.
13 February 2023 in International Journal of Applied Economics, Finance and Accounting
This study intended in evaluating as well as validating the importance of customer trust and commitment in mediating the impact of omnichannel perceived value (OPV) and customer involvement on electronic loyalty at BUKU IV bank’s customers in Jabodetabek. Descriptive quantitative is the method used in this research with the assistance of a causal approach with a total sample of 245 respondents which were then analysed by PLS-SEM (Partial Least Square-Structural Equation Model). The results of this research found that omnichannel perceived value, as well as consumer engagement both partially and cooperatively, had positive and significant effect on the trust of Customers at BUKU IV banks in Jabodetabek, OPV, consumer engagement and trust of customers both partly or cooperatively have a positive and significant effect on the commitment of customer at BUKU IV Banks in Jabodetabek. Moreover, trust and commitment either partially or jointly have a positive and significant effect on e-loyalty of Banking customer at BUKU IV banks in Jabodetabek. The implication of this research reveals that in order to increase the e-loyalty of the customers, it requires boosting OPV, engagement of consumers, trust, and commitment of the customer.
China emerges as one of the multi-polar powers of a successful third world country to emulate America and Japan in industry and trade. Indonesia, as one of the trade partners of China, should increase the quality and quantity of cooperation with China. In supporting the goal, it requires an ample of human resources ability that is active in socialization, diplomacy, and cooperation establishment with China. The cooperation can be established by mastering of Mandarin. The Department of International Relations realized the situation and complemented its students with foreign language skill such as Mandarin. Based on the evaluation of Chinese learning outcomes to 31 sophomore students, the biggest obstacle of students is to compose a sentence based on vocabularies learned. Researchers designed mobile learning as a tool in learning Mandarin. Therefore, this research offers solutions to assist students in mastering the sentences forming in Mandarin through mobile learning.