Open Access Original Research Article

Public Sector Finances as Determinants of Private Investment in PPP Projects – Experiences from Select Countries

Satinder Bhatia

Journal of Economics, Management and Trade, Page 1-17
DOI: 10.9734/jemt/2019/v23i630147

Public-Private Partnership (PPP) projects have been gaining in popularity in many developing countries along with developed countries. While there has been sufficient research on private sector capacity to make the partnership successful, not much research exists on the importance of the financial health of the public sector in PPP projects. The premise of the current research is that strong public sector finances instil confidence in the private sector of governments’ ability to honour PPP commitments and that, in turn, increases the attractiveness of PPP projects. Through a number of case studies relating to government finances of Indian states and other countries, it is seen that governments which have checks and balances to issuance of guarantees and other forms of indirect support for PPP projects are actually able to attract higher levels of PPP investment.

Open Access Original Research Article

Fun Culture in the Work Place: A Systematic Review

V. L. Dilakshini, S. Mohan Kumar

Journal of Economics, Management and Trade, Page 1-7
DOI: 10.9734/jemt/2019/v23i630148

A Fun environment is a positive and simple atmosphere which encourage the attraction and retention of valuable human resource in an organization. This study reviews some literature (nearly twenty (20) articles based on fun culture) in past to give a clear picture regarding the workplace fun which is most important factor for today’s managers to engage their employees in the work environment happily. Fun means different things to different people and the purpose of this paper is to attempt to answer the question “what is workplace fun?”. And also how the leader playing a major role in the fun environment. This paper suggests some specific connections between fin and some positive as well as negative organizational outcomes. The ambiguity and complexity of workplace fun is an emerging topic for research that offers a variety of implications for scholars and practitioners in HRM and Organizational Behaviors. The Authors contend that workplace fun potentially offers managers’ opportunities for fostering a climate which create workplace benefits.

Open Access Original Research Article

Socio-economic Dynamics of Farmers and Economics of Certified Seed Production of Paddy in Karimnagar District, Telangana

Govind Pal, K. Udaya Bhaskar, S. P. Jeevan Kumar, K. V. Sripathy, K. V. Ramesh, D. K. Agarwal

Journal of Economics, Management and Trade, Page 1-9
DOI: 10.9734/jemt/2019/v23i630150

Paddy plays a vital role in the national food security and principal  food  crop  cultivated  throughout  the Telangana state  providing  food  for  its  population,  fodder  to  the  cattle  and  employment  to the rural masses. The present study was based on primary data in Karimnagar district of Telangana during the agricultural year 2014-15. Analysis of data shows that majority of seed farmers belongs to small category (1-2 ha) followed by semi-medium (2-4 ha) and marginal (< 1 ha) category. The overall average land holding size of paddy seed farmers was 2.04 ha followed by grain farmers (1.27 ha) and district average (1.03 ha). Study area was dominated by paddy, cotton and maize with a cropping intensity of 159. Net irrigated area of paddy grain producer, certified seed producer and district average was 71.00, 90.60 and 73.95% respectively. Non-availability of labour was the most important constraints hindering adoption of paddy seed production technology. The seed production area is dominated by variety BPT- 5204 which covers 31.57% area under paddy seed production. Current study illustrates a ratio of 32:68 towards fixed and variable costs in paddy certified seed production with a total cost of Rs. 57315 per hectare and the gross and net returns were Rs. 83150 and Rs. 25835 per hectare respectively. The total cost of cultivation in paddy seed production was around 13.63% higher than grain production while, gross return was about 28.42% higher in seed production. Consequently, net return from seed production of paddy was 80.56% higher than grain production. Hence, production of certified seed has resulted in a win-win situation for the farmers with higher yield and increased returns. Higher yield and profitability associated with certified seed production can be effectively popularized among farmers, results in increased certified seed production. Farmers can be promoted in this endeavour by providing required quantity of foundation seed along with technical guidance.

Open Access Original Research Article

Application of Portfolio Approach towards Energy Security: A Case Study of Japan and Implications for India

Dulal Halder, Anshuman Gupta

Journal of Economics, Management and Trade, Page 1-12
DOI: 10.9734/jemt/2019/v23i630151

Adequate and affordable energy supplies are lifeline of modern economies. Security of energy supplies constitutes the core of strategic concerns of consuming countries in ensuring national defense, economic development and social cohesion. Energy policy planners face a diverse range of institutional challenges in generating dynamic energy strategy which can guarantee uninterrupted supplies at affordable prices. This study aims to describe policy enablers in finding a framework that allows policymakers and researchers to conceptualize the status of current energy arrangements, then analyze the risks therein and measures of mitigation. Data was analyzed using descriptive statistics to describe portfolio approach as a function of state policy for energy security. The case study of Japan has been analyzed to bring out the key lessons for India’s energy security pursuits.

Open Access Policy Article

Evolution of Tourism Policies Due to Change of Ruling Parties in Taiwan

Hsiao-Ming, Chang, De-Ming Lin, Min-Ying Lu

Journal of Economics, Management and Trade, Page 1-10
DOI: 10.9734/jemt/2019/v23i630149

Tourism policy is the blueprint and roadmap for the development of tourism in a country or a region. As policymaking for the tourism industry is set in the context of wider government policies, it is highly relevant to the majority ruling party. In 2000, the long-standing ruling party in Taiwan lost its seats for the first time, which had sweeping impact on the economic, social, and political landscape on the island. This paper examines the tourism policy in Taiwan and analyzes the influence of administration changeover on the development of tourism. It is hoped that the research insight serves as reference to other countries in the formation of tourism policies going forward.  This study adopts qualitative research methods, including: historical research, document analysis, field observation and interviews. The results show that although the evolution of Taiwan's tourism policy has gone through the ruling of different political parties, they regard the development of tourism as one of the important economic policies, and strengthen the construction of scenic spots, the formulation of laws and regulations, as well as the innovation of tourism products, so that the tourism industry can be successfully developed. However, it will be influenced by the political ideas of the political parties, and the selected international tourism target markets are also different.