International Journal of Economics & Management Sciences

This paper aims at studying the effect of migrant remittances on economic growth. To this end, we used a modified version of Kragoz [2009] to examine the relationship between economic growth, migrant remittances and education. The application of cointegration on the variables related to Tunisian economy, observed over the period 1976-2006, points to the presence of a long-term relationship between the studied variables. The obtained results also indicate that the direct effect of remittances on economic growth is negative while the indirect effect induced by the inclusion of education is positive.  

It is high time for a trade take-off of India, of bridging trade deficit, with a high and inclusive growth rate said to be in operation. At an Average of 8.5 per cent during the years (2004-11) and slowed down to 6.5 per cent in (2011-12) of UPA rule, is said to be ‘historical’ and ‘unprecedented’ by the renowned economist Prime Minister, Dr. Manmohan Singh. The destination of the new growth rate is 10 per cent and more growth over a long period of time to the India economy to the league of developed countries. But, the new the growth is well known to be coming at a great human, environmental and value costs, with high WPI and food prices, environmental degradation and degradation especially of the great farming class. It’s a growth of common man suffering judged against high prices it is a zero sum or even negative game. In trade, the driving forces are woeful SEZs and FTAs. Against the Establishment’s claims of Indian economy being free from any crisis, the economy was quite hit in growth and trade by the global economic crisis of 2008. Over-all, the external or trade record of the new growth is burgeoning trade deficit, and an increasingly imbalanced trade economy. Hence, a revision of growth and trade policies are called for.  

The ability to innovate on a sustainable basis is a desirable, and yet, a rare skill that firms need to nature and develop amongst its business managers/owners and employees. This study was aimed at empirically exploring the Entrepreneurial Tendencies and Behaviors among the business persons that enable them to successfully innovate on a sustainable business. These could then inform managers on the kind of innovation-related behaviors to search for and nature among their human resources in the course of strategizing for firm excellence in Innovation. Responses where sought from business owners/managers and employees in SMEs established in the area with the highest business activity in Uganda (i.e. Kampala). The data collected from the surveyed 50 SMEs all of which had successfully existed for over a year as a test of sustainability were analyzed to extract the salient Entrepreneurial Tendencies and Entrepreneurial Behaviors that characterized the success of their businesses. Descriptive statistics were used. Based on the findings, this study identifies and proposes solutions, key policy interventions and approaches to be adopted for ensuring business sustainability in Uganda.