12 Articles Published

1. RECONCILIATION AS A POLITICAL DISCOURSE IN THAILANDS CURRENT CONFLICTS

Authors: STITHORN THANANITHICHOT , WICHUDA SATIDPORN

Abstract: Why do the Thai governments fail in solving a political conflict that has occurred since 2005 and maintaining peace through conducting a reconciliation process? This article answered this question through an assessment of how the term reconciliation has been defined and used by the Thai governments and political leaders during the past decades. This article argues that reconciliation in the Thai language is a term that has been dynamically interpreted, explained, and applied differently by policy makers, scholars, activists, and leaders of the conflicting groups. Several times, such an interpretation, explanation, and appliance have made this term a means to defeat the people of conflicting groups instead of a means of reconciling the society. The Thai old style of reconciliation, especially enacting laws to enforce peace and to use a coup in order to stop violence, is still implemented by political leaders. As a result, the political conflicts in this country sometimes have been pause

Keywords: reconciliation, political discourse, conflict, Thailand

Pages: 26 - 30 | DOI: 10.15224/978-1-63248-151-1-55

2. RISK-BASED ASSET ALLOCATION SECTORIAL OR GEOGRAPHICAL SEGMENTATION?

Authors: GUIDO ABATE

Abstract: The objective of this work is to show how the risk-based portfolio construction techniques i.e. strategic asset allocation approaches without forecasts of expected returns reach different results depending on whether the investment universe of the stock market is divided on the basis of a geographic breakdown or in function of a sector breakdown, carried out in relation to the productive sectors to which the individual companies belong rather than according to the listing market. An empirical analysis, applied on the global equity market, is implemented by making use of the typical and most advanced statistical and financial evaluation measures. The results of this analysis show a significant preference for the sectorial criterion compared to the geographic one.

Keywords: risk-based strategies, sector indices, geographic indices, risk parity, global minimum variance, equal weighting, maximum diversification.

Pages: 1 - 7 | DOI: 10.15224/978-1-63248-183-2-01

3. THE DECLINE OF SPARTA AND A LESSON FOR TODAY

Authors: ATHINA LORENTZIADI

Abstract: In 479 BCE, under the leadership of Sparta, the united Greek army defeated the massive invading armed force of the powerful Persian empire. Yet, in the course of two centuries, the once mighty state of Sparta experienced a dramatic downfall of its power due to a sharp population decline. By 245 BCE, full-citizens of Sparta numbered less than seven hundred. The aim of this study is to examine how the shortage of manpower could have been averted by instituting radical social changes promoting social advancement. The extent of the demographic collapse of Sparta is indirectly assessed by examining data from various historical sources about the size of the Spartan army in the course of time. Using mathematical modelling, a curve approximating the time series of the number of Spartiate soldiers is fitted. This model allows us to design a social reform program which, if implemented, would maintain the military power of Sparta. The policy suggested would initiate upward social mobility and int

Keywords: Historical demography, Population ageing, Replacement migration, Ancient Greek history.

Pages: 8 - 17 | DOI: 10.15224/978-1-63248-183-2-02

4. ECO-DIGITAL SUPPLY CHAINS THROUGH BLOCKCHAINS

Authors: PIETRO DE GIOVANNI

Abstract: This paper shows how the implementation of Eco-digital Supply Chain can be realized through the adoption of a Blockchain technology. The focal company pushes suppliers at all tiers through the adoption of green practices for reducing the CO2 emissions and the related costs. Furthermore, logistics costs involved in the Supply Chain make the final assessment highly challenging. We identify the changes in both the Supply Chain structure and performance occurring when the Blockchain enables the creation of an Eco-digital Supply Chain.

Keywords: Eco-digital Supply Chain, Green Supply Chain, Blockchain, Environment, Network

Pages: 18 - 23 | DOI: 10.15224/978-1-63248-183-2-03

5. ISSUES IN TRANSITION ECONOMY TOWARDS INCLUSIVE GROWTH AN ASSESSMENT OF GROWTH POLICIES SRI LANKA

Authors: G. M. HENEGEDARA

Abstract: The paper describes issues in adopting inclusive growth policies in transition of economy in Sri Lanka. It assess the impact of various inclusive growth policies on sustainable development. Inclusion of all the segments of the society has accepted as a required factor of sustainable development and thus all the nations follow inclusive growth strategies as broad based growth, shared growth and pro-poor growth policies. As an emerging market economy, the successive governments of Sri Lanka followed this ideology and implemented various policies and programs in view of assuring growth with equity and equality of opportunities in production process. Broadly it includes various programs such as social and physical infrastructure development, agricultural development, industrial and institutional changes made under protective, liberal and neoliberal policy frameworks since independence in 1948. However, the impact of policy interventions on economic growth were not fascinating in terms of s

Keywords: bindings, equity, GDP growth rate, per-capita income, policy interventions

Pages: 24 - 32 | DOI: 10.15224/978-1-63248-183-2-04

6. THE RETURN OF DOKRA: A REVISIONARY STUDY OF THE REVIVAL AND RESTORATION OF AN ANCIENT HISTORIC ART FORM OF REGIONAL WEST BENGAL, INDIA.

Authors: SHARMISTHA DE DUTTA

Abstract: India has a history of rich and diverse cultural tradition. And among its diversity, the legacy of India’s craft culture always occupies a special place owing to its beauty, dignity, form, style and aesthetics. The Indian state of West Bengal also has a rich cultural and artistic heritage. Among the many art forms, one of the primitive art form “Dokra” calls attention to restoration and revival in the present socio-cultural context. With the onset of globalization there are increasing exposure and inquiry for Indian handicrafts as well as the skilful artisans from across the country. Although Indian folk crafts have been benefitted significantly, many of its forms have been facing extinction in the globalized market economy. The reign of many different cultures ushered an era of artistic diversity of traditional handicrafts, masks, painting and carvings etc. There are continuous attempts at various socio economic levels to revive and restore various regional as well as local art

Keywords: Dokra, folk, globalization, aesthetics, community

Pages: 33 - 33 | DOI: 10.15224/978-1-63248-183-2-05

7. THE INFLUENCE OF MAGUFULI IN PROMOTING ECONOMIC DEVELOPMENT OF TANZANIA

Authors: JANE EDWARD KING , NORMAN ADAMSON SIGALLA KING

Abstract: Economic development requires both an understanding of ventures that will bring about development, and people who stay willing to see the development is natured. It is the strategy that is put in place to make people who are willing to extort, do so. To have a readily community for adhering what is written or preached by their leader such as president Magufuli is really in Africa. In Tanzania we had four presidents already. The fifth president is John Pombe Joseph Magufuli, a doctoral holder. We want to examine if the society has accepted the way this fifth president is doing in order to boost Tanzania economy and development at large. We have taken members of parliament of Tanzania as pure representatives of the people. Hence, our population for the study is 393 members of parliament. Although those who filled the questionnaires were 256. We have taken 55 members of parliament on board through interviews. Hence a total of 256 members of parliament have actively participated in the stu

Keywords: Development, members of parliament, economic development, leaders

Pages: 36 - 46 | DOI: 10.15224/978-1-63248-183-2-07

8. REIMAGINING EDUCATIONAL LEADERSHIP: ENHANCING LEADERS CAPACITY FOR DISRUPTIVE INNOVATION TO DEAL WITH TWENTY-FIRST CENTURY CHALLENGES IN HIGHER EDUCATION

Authors: KALAYANEE JITGARUN , KANYUMA JITJUMNONG , PASAPITCH CHUJAI , SUPAPIT CHOTIGO , THANACHAI RUNGRUANG

Abstract: Higher education has coped up with the lowest proportion of young people who think they are likely to go to university. Generation Z (or Gen Z) whose age is 10-22 will be the students of today and university graduates, employees, and consumers of tomorrow. Thus, it's time to disrupt the higher education system especially on leadership. Leadership has changed during the 21st century. Disruptive leaders always have innovative minds, using an unconventional strategy or changing the traditional way upside down in order to get the necessary results. This study will ask the Ph.D. students as well as the administrators and instructors of Learning Innovation and Technology program, Faculty of Industrial Education and Technology, KMUTT how they think about todays leadership styles as well as their research. After survey, both Ph.D. students as well as the administrators and instructors perceived that disruptive leaders should possess all 21st century characteristics except for the following cha

Keywords: Educational Leadership, Disruptive Innovation, Higher Education

Pages: 48 - 55 | DOI: 10.15224/978-1-63248-183-2-09

9. ANALYTICAL EVALUATION OF LESSON STRATEGIES FOCUSING ON THE SUMMARY OF POWER PLANTS IN ELECTRIC POWER TECHNOLOGY SUBJECTS FOR TECHNICAL HIGH OSCHOOLS

Authors: KALAYANEE JITGARUN , KANYUMA JITJUMNONG , PASAPITCH CHUJAI , NORITSUGU KAMATA

Abstract: In the subject of electric power technology for electrical high school second year students in technical high schools, we think it is difficult to learn the contents of power generation with textbooks and limited class hours. In particular, learning the content of textbooks on hydropower, thermal power, nuclear power generation, and the content of power transmission would be extremely difficult. Therefore, in this study, a questionnaire on power generation and transmission was conducted before the class began. In order to examine the knowledge and understanding level of students who learned only with textbooks, we conducted a questionnaire in a free description format. After the class, the Internet was also used to conduct a questionnaire in the form of free description on the results of learning about the power generation and power transmission using the Internet. Rather than studying only with textbooks, it was reported that students were able to understand many more photos and video

Keywords: Text mining, Co-occurrence, Network, Electric Power, Technology.

Pages: 56 - 62 | DOI: 10.15224/978-1-63248-183-2-10

10. LAW AND MANAGEMENT IN IMPLEMENTATION OF PROCESSES REGARDING INDIRECT TAXES.

Authors: GEORGE SKEBERIS , NIKOS VASSILIADIS

Abstract: During the last 50 years there is a strong trend around the globe for implementation and extension in base and in rates of Indirect Taxes and more specifically of Value Added Tax, Goods and Services Tax and Business Tax. In the same time many corporations are increasing in size and are extending the reach of their operations far away from the region that the base of their activities was focused. In parallel the global economy and the global trade, are entering a stage of transformation both due to the fact of an ever-changing geopolitical balances but also since information technology is becoming an integral element and component of operational process flow. Of course, from the other side, the governments and the organizations above them, are also driving the public sector more and more in a modernization that will allow to increase the level of its effectiveness and, at the same time, meet and face the challenges that are occurring from the globalization and the implementation of new

Keywords: VAT and GST, Indirect tax trends, globalization, technology, tax administration, legal and tax organization, tax risk assessment, tax risk management.

Pages: 63 - 75 | DOI: 10.15224/978-1-63248-183-2-11

11. IMPACT OF IMPROVED CASSAVA VARIETIES CULTIVATION ON FARMING HOUSEHOLDS WELFARE, THE CASE OF FARMERS IN IN ONDO STATE, NIGERIA.

Authors: ADETULA , ADEKUNLE ISAAC , AMOS, TAIWO TIMOTHY

Abstract: Improved cassava varieties (ICV) were developed with several objectives among which are: to increase Households income and reduce poverty, reduce Households food insecurity, increase production and reduce various agricultural risks. Adoption rate of improved cassava varieties has increased translating to increase in annual income and annual consumption expenditure of farmers thus increasing welfare in Nigeria. Despite this adoption and production level, cassava production in Nigeria is still characterized by low yields compared to other cassava growing regions of the world. Cassava production in Nigeria from 2003 to 2010 is at about 29 metric tonnes per hectare short of her potential capacity of 40 metric tonnes per hectare. This study assessed the impact of improved cassava varieties cultivation on farming Households welfare in Ondo State, Nigeria. The study specifically described the socio-economic characteristics of the respondents, identified the improved varieties mostly cultivate

Keywords: Cassava, Poverty Headcount, Households, Recursive Bivariate Probit Model, Farmers

Pages: 76 - 85 | DOI: 10.15224/978-1-63248-183-2-12

12. FINANCIAL INNOVATION AND ECONOMIC GROWTH IN ZIMBABWE

Authors: PIERRE LE ROUX , Sanderson Abel

Abstract: Financial innovation has transformed and restructured financial services and its impact on economies is becoming increasingly notable. The World Economic Forum (2012) postulated that the advancement in financial innovation is a driving force for broad economic growth. Despite this acknowledgement, the effect of financial innovation on economic growth in developing countries such as Zimbabwe has received little attention. The objective of the study is to explore how innovations that lie within the local financial system improve the flow of funds into the economic system for the benefit of other sectors of the economy. The ultimate goal is to evaluate the impact of financial innovation on economic growth. The study further looks at the causal relationship between financial innovation and economic growth. This was achieved by assessing the impact of increasing financial innovations on financial sector development. The study uses Zimbabwe as a case study. The motivation of the study emanat

Keywords: FINANCIAL, INNOVATION,ECONOMIC, GROWTH, ZIMBABWE1

Pages: 86 - 93 | DOI: 10.15224/978-1-63248-183-2-08