Dr. Md. Alahi Khandaker, Dr. Mahfuzul Haque, Md. Abdul Waresh Ansary, Umma Nazaira Liza, Abdullah Ra
Glob Acad J Humanit Soc Sci; 2025, 7(5): 178-185
DOI : https://doi.org/10.36348/gajhss.2025.v07i05.001
Background: Poverty remains a serious challenge in Narayanganj, Bangladesh, with complex socioeconomic and institutional causes. A thorough understanding of poverty from multiple perspectives is crucial for developing effective solutions and enhancing social welfare programs. Objective: This study examines poverty in Narayanganj by analyzing both income levels and broader poverty indicators (MPI) to identify key factors that can guide policy decisions. Methods: The study was conducted from January to June 2025 with 205 carefully selected households. Researchers collected information about family characteristics, earnings, jobs, education, housing conditions, sanitation, healthcare availability, and participation in social welfare programs. Poverty was measured both by income levels and through a multidimensional poverty index. Data was analyzed using SPSS software version 29.0, including statistical methods to identify prevalence, patterns, determinants and relationships. Results: This analysis revealed a multifaceted poverty profile within the sample. While 26% households in monetary poverty (below $2.15/day), a larger segment (39.1%) were multidimensionally poor (MPI >0.333), experiencing concurrent deprivations. For this group, the intensity of deprivation was severe at 58%, meaning the poor are, on average, deprived in over half of the indicators. Nearly half of households (47.8 percent) earned less than 15,000 BDT per month, while about one-third (34.1 percent) earned more than 20,000 BDT. The study found that poverty involved multiple challenges, including education gaps (32.5%), healthcare access problems (23.7%), and poor living conditions (41.8%). Important contributing factors included limited education, joblessness, poor housing quality, and lack of access to social welfare programs. Rural families and female-led households faced particularly severe challenges. Conclusion: Poverty in Narayanganj results from interconnected problems in education, employment, and living conditions. Effective solutions should combine job creation, expanded social services, and better housing. These findings can help guide efforts to reduce poverty in line with national development goals.
The impact of oil price shocks on the economy during emergency of Coronavirus has occupied the attention of researchers for almost four years. Though, most Nigeria-based studies are not like this, this paper explores alternative measures of oil price shocks that have been developed in the literature with a view to ascertaining the extent to which conclusions about oil price-growth depends on the definition of shocks adopted during pandemic. The relatively recent regime dependent logic regression threshold autoregressive model, together with impulse response functions and forecast error variance decomposition adopted in this study. One third data spanning from 2020 to 2024 was used, a non-linear model of oil price shocks and economic growth during the event of Coronavirus is estimated. The study findings indicate that oil price shocks are unaccounted for significant proportion of observed movements in macroeconomic aggregates during the Coronavirus pandemic. This pattern persists despite introduction of threshold effects by government. This implied the enclave nature of Nigeria’s oil sector with strong linkages to other sector. Therefore, the need to spend oil revenue productively is imperative if favourable effect on real output growth is envisaged in post COVID-19 period.
Olabode Agunbiade, UGWU, Marian Chioma
Glob Acad J Humanit Soc Sci; 2025, 7(5): 201-208
DOI : https://doi.org/10.36348/gajhss.2025.v07i05.003
Foreign Direct Investment (FDI) has emerged as a major catalyst for accelerating the economic growth of developing nations over the years. This is because it is believed to be an important source of capital inflows and a major source of technology transfers to the host countries, especially developing ones like Nigeria. FDI has emerged as an integral part of an open and effective international economic system and a major catalyst for development. This research attempts to study the effects of FDI on the political economy of Nigeria in all ramifications, because FDI impacts not only economic indices alone; but affects the entire political economic fabric of the nation. The study used content analysis, contextual analysis and descriptive research, backed up with empirical secondary data of FDI inflows and value added to the Nigerian economy. The study discovered that while there are positive effects of FDI inflows into the Nigerian political economic system; like enhanced GDP contribution, improved infrastructure and public sector development, reduced unemployment and governance improvements; there are some negative impacts like undue foreign influence on domestic policy, corruption, political manipulation and unfair exploitation of natural resources. The study concluded that while FDI contributes to Nigeria’s economic and political development, it also raises challenges related to foreign influence, corruption, and resource exploitation and recommended that to maximise the benefits of FDI, Nigeria must implement strong governance and transparency policies that balance foreign interests with national priorities.
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