The Experts below are selected from a list of 360 Experts worldwide ranked by ideXlab platform

Simplice A Asongu - One of the best experts on this subject based on the ideXlab platform.

  • the comparative economics of ict environmental degradation and inclusive human development in sub saharan africa
    Social Indicators Research, 2019
    Co-Authors: Simplice A Asongu, Jacinta C Nwachukwu, Chris Pyke
    Abstract:

    This study examines how information and communication technology (ICT) could be employed to dampen the potentially damaging effects of environmental degradation in order to promote inclusive human development in a panel of 44 Sub-Saharan African countries. ICT is captured with internet and mobile phone penetration rates whereas environmental degradation is measured in terms of CO2 emissions per capita and CO2 intensity. The empirical evidence is based on fixed effects and Tobit regressions using data from 2000 to 2012. In order to increase the policy relevance of this study, the dataset is decomposed into fundamental characteristics of inclusive development and environmental degradation based on income levels (low income vs. middle income); legal origins (English Common Law vs. French Civil Law); religious domination (Christianity vs. Islam); openness to sea (landlocked vs. coastal); resource-wealth (oil-rich vs. oil-poor) and political stability (stable vs. unstable). Baseline findings broadly show that improvement in both of measures of ICT would significantly diminish the possibly harmful effect of CO2 emissions on inclusive human development. When the analysis is extended with the above mentioned fundamental characteristics, we observe that the moderating influence of both our ICT variables on CO2 emissions is higher in the group of English Common Law, middle income and oil-wealthy countries than in the French Civil Law, low income countries and oil-poor countries respectively. Theoretical and practical policy implications are discussed.

  • the comparative economics of ict environmental degradation and inclusive human development in sub saharan africa
    MPRA Paper, 2018
    Co-Authors: Simplice A Asongu, Jacinta C Nwachukwu, Chris Pyke
    Abstract:

    This study examines how information and communication technology (ICT) could be employed to dampen the potentially damaging effects of environmental degradation in order to promote inclusive human development in a panel of 44 Sub-Saharan African countries. ICT is captured with internet and mobile phone penetration rates whereas environmental degradation is measured in terms of CO2 emissions per capita and CO2 intensity. The empirical evidence is based on Fixed Effects and Tobit regressions using data from 2000-2012. In order to increase the policy relevance of this study, the dataset is decomposed into fundamental characteristics of inclusive development and environmental degradation based on income levels (Low income versus (vs.) Middle income); legal origins (English Common Law vs. French Civil Law); religious domination (Christianity vs. Islam); openness to sea (Landlocked vs. Coastal); resource-wealth (Oil-rich vs. Oil-poor) and political stability (Stable vs. Unstable). Baseline findings broadly show that improvement in both of measures of ICT would significantly diminish the possibly harmful effect of CO2 emissions on inclusive human development. When the analysis is extended with the abovementioned fundamental characteristics, we observe that the moderating influence of both our ICT variables on CO2 emissions is higher in the group of English Common Law, Middle income and Oil-wealthy countries than in the French Civil Law, Low income countries and Oil-poor countries respectively. Theoretical and practical policy implications are discussed.

  • educational quality thresholds in the diffusion of knowledge with mobile phones for inclusive human development in sub saharan africa
    Social Science Research Network, 2017
    Co-Authors: Simplice A Asongu, Jacinta C Nwachukwu
    Abstract:

    The study investigates critical masses or thresholds of educational quality at which the diffusion of information with mobile phones enhances inclusive human development. The empirical evidence is based on simultaneity-robust Fixed Effects regressions with data from 49 Sub-Saharan African countries for the period 2000-2012. The following findings are established: (1) There are positive marginal and net effects on inclusive development from the interaction between mobile phones and educational quality, (2) Between 10 and 27 pupils per teacher is needed in primary education in order for mobile phones to enhance inclusive human development, (3) From a comparative dimension: (i) English Common Law countries enjoy higher net effects compared to their French Civil Law counterparts, (ii) positive net effects are more obvious in politically stable (vis-a-vis politically unstable) countries, (iii) positive net impacts are also more apparent in resource-poor (vis-a-vis resource-rich) countries, (iv) low income (vis-a-vis higher income) countries have a higher net effect on inclusive development, (v) landlocked (vis-a-vis unlandlocked) countries experience higher net effects and, (iv) Islam-dominated countries have a slightly higher net impact compared to their Christian-oriented counterparts.

  • Why Do French Civil-Law Countries Have Higher Levels of Financial Efficiency?
    SSRN Electronic Journal, 2014
    Co-Authors: Simplice A Asongu
    Abstract:

    The dominance of English Common-Law countries in prospects for financial development in the legal-origins debate has been debunked by recent findings. Using exchange rate regimes and economic/monetary integration oriented hypotheses, this paper proposes an “inflation uncertainty theory” in providing theoretical justification and empirical validity as to why French civil-Law countries have higher levels of financial allocation efficiency. Inflation uncertainty, typical of floating exchange rate regimes accounts for the allocation inefficiency of financial intermediary institutions in English Common-Law countries. As a policy implication, results support the benefits of fixed exchange rate regimes in financial intermediary allocation efficiency.

  • african stock market performance dynamics a multidimensional convergence assessment
    Journal of African Business, 2013
    Co-Authors: Simplice A Asongu
    Abstract:

    The author dissects, with great acuteness, the issues of convergence in financial performance dynamics in the African continent through the lenses of stock market capitalization, value traded, turnover, and number of listed companies. The empirical evidence is premised on 11 homogeneous panels based on regions (Sub-Saharan and North Africa), income levels (low, middle, lower-middle, and upper-middle), legal origins (English Common Law and French civil Law), and religious dominations (Christianity and Islam). Findings provide partial support for the existence of absolute convergence in some dynamics. Only Sub-Saharan Africa reveals conditional convergence in relation to per capita number of listed companies. The speed of convergence for the most part is between 12% and 28% per annum. As a policy implication, countries should work toward adopting Common institutional and structural characteristics that favor stock market development.

Daniele Dalvia - One of the best experts on this subject based on the ideXlab platform.

  • legal uncertainty takaful between English Common Law and shari a Law
    Social Science Research Network, 2017
    Co-Authors: Daniele Dalvia
    Abstract:

    Concepts and principles of Islamic finance, which respect the beliefs and practices of the Muslim faith, are becoming more prevalent in the United Kingdom (UK). The concept of Takaful (Islamic insurance), while still in its infancy in the UK, is proving a viable alternative to traditional insurance models. This paper argues that increased efforts should be made by UK financial services regulators to develop suitable corporate governance standards and enhance Takaful awareness. Such efforts will ultimately increase domestic insurance penetration by providing Muslims with a compliant system of insurance, and, further, allow the UK to emerge as a viable and global Takaful market. The comparative study between English Common Law and Islamic Law in this paper illustrates, inter alia, the differences between risk (measurable uncertainty) and uncertainty (pure risk, namely an immeasurable form of hazard), with the goal of finding a uniform standard for the incorporation of the concept of risk management into English insurance contracts. Fundamentally, the difference between risk and uncertainty is derived from the understanding of Professor Frank Knight. Ultimately, the differences in the ideologies of risk-taking in Western countries and risk-sharing in Islamic countries, specifically in relation to the insurance industry, do not constitute a challenge, but instead, the basis for possible Common ground upon which to build a mutual system of cooperation between different legal traditions.

  • legal uncertainty takaful between English Common Law and shari a Law
    International Review of Law, 2017
    Co-Authors: Daniele Dalvia
    Abstract:

    Concepts and principles of Islamic finance, which respect the beliefs and practices of the Muslim faith, are becoming more prevalent in the United Kingdom (UK). The concept of Takaful (Islamic insurance), while still in its infancy in the UK, is proving a viable alternative to traditional insurance models. This paper argues that increased efforts should be made by UK financial services regulators to develop suitable corporate governance standards and enhance Takaful awareness. Such efforts will ultimately increase domestic insurance penetration by providing Muslims with a compliant system of insurance, and, further, allow the UK to emerge as a viable and global Takaful market. The comparative study between English Common Law and Islamic Law in this paper illustrates, inter alia, the differences between risk (measurable uncertainty) and uncertainty (pure risk, namely an immeasurable form of hazard), with the goal of finding a uniform standard for the incorporation of the concept of risk management into Eng...

Timothy S Kaye - One of the best experts on this subject based on the ideXlab platform.

  • risk and predictability in English Common Law
    Social Science Research Network, 2008
    Co-Authors: Timothy S Kaye
    Abstract:

    It is often said that the biggest challenge facing private Law is that posed by the continual need to choose between certainty and justice. Certainty is a worthy goal, it is said, because everyone knows exactly where they stand and judicial decision-making can proceed from clearly-articulated statements of legal principle. On the other hand, the pursuit of certainty may not allow for sufficient differentiation between different circumstances. Justice may modify this problem, but only by introducing uncertainty. Such an account may be thought so familiar as hardly to be worth recounting. Yet this paper seeks to challenge this dichotomy by suggesting that it is the product of a very peculiar combination of perspectives. Philosophically, the dichotomy is problematic only to legal positivism and allied schools of thought. Even then, it presents difficulties only if viewed from a particular temporal perspective as well: that is, after the events in question have already taken place and have become known.It is argued that this combination of perspectives is singularly unhelpful. It fails to provide any sort of systematic explanation for a very large number of cases, preferring instead to dismiss them as 'policy decisions'. Such dismissal is not so much an explanation as an abdication of explanation. This paper suggests that, if we move from an ex post facto positivistic perspective to one that takes an ex ante approach which focuses on the predictability of risk, then not only does the certainty-justice dilemma cease to be problematic; it also provides a much more plausible and persuasive account of the case Law.

Ann Black - One of the best experts on this subject based on the ideXlab platform.

  • court ceremonies ritual and symbolism how islamic Law and English Common Law are conceptualised and apply to an unLawful killing
    Griffith law review, 2012
    Co-Authors: Ann Black
    Abstract:

    Islamic criminal Law as it is practised in several Muslim nations has been condemned as anachronistic, oppressive or unforgiving. Responding to such criticism of Saudi Arabia’s criminal justice in the wake of the trial for the murder of Australian nurse Yvonne Gilford, Dr Ghazi Al-Gosaibi, Saudi Arabia’s ambassador to Britain at the time, simply noted that, ‘each country has a different system that it believes will best achieve justice.’1 How the Islamic criminal system seeks to achieve justice is the focus of this article. In its quest for justice, the Islamic system that Hallaq notes conceives of Law ‘not as a means employed in the service of society, but rather in the service of God’2 will take a distinctive path from the Common Law, which is explored though the lens of a murder trial in Saudi Arabia and in England, the birthplace of each system. The analysis covers the attending ceremonies and ritual that apply to an unLawful killing; how proceedings are initiated; how guilt and innocence are determin...

  • court ceremonies ritual and symbolism how islamic Law and English Common Law are conceptualised and apply to an unLawful killing
    Social Science Research Network, 2012
    Co-Authors: Ann Black
    Abstract:

    Islamic criminal Law as it is practised in several Muslim nations has been condemned as anachronistic, oppressive or unforgiving. Responding to such criticism of Saudi Arabiaʼs criminal justice in the wake of the trial for the murder of Australian nurse Yvonne Gilford, Dr Ghazi Al-Gosaibi, Saudi Arabiaʼs ambassador to Britain at the time, simply noted that, ʻeach country has a different system that it believes will best achieve justice.ʼ How the Islamic criminal system seeks to achieve justice is the focus of this article. In its quest for justice, the Islamic system that Hallaq notes conceives of Law ʻnot as a means employed in the service of society, but rather in the service of Godʼ will take a distinctive path from the Common Law, which is explored though the lens of a murder trial in Saudi Arabia and in England, the birthplace of each system. The analysis covers the attending ceremonies and ritual that apply to an unLawful killing; how proceedings are initiated; how guilt and innocence are determined; the safeguards for ensuring a just outcome; and the consequences that flow from a determination of guilt.

Jacinta C Nwachukwu - One of the best experts on this subject based on the ideXlab platform.

  • the comparative economics of ict environmental degradation and inclusive human development in sub saharan africa
    Social Indicators Research, 2019
    Co-Authors: Simplice A Asongu, Jacinta C Nwachukwu, Chris Pyke
    Abstract:

    This study examines how information and communication technology (ICT) could be employed to dampen the potentially damaging effects of environmental degradation in order to promote inclusive human development in a panel of 44 Sub-Saharan African countries. ICT is captured with internet and mobile phone penetration rates whereas environmental degradation is measured in terms of CO2 emissions per capita and CO2 intensity. The empirical evidence is based on fixed effects and Tobit regressions using data from 2000 to 2012. In order to increase the policy relevance of this study, the dataset is decomposed into fundamental characteristics of inclusive development and environmental degradation based on income levels (low income vs. middle income); legal origins (English Common Law vs. French Civil Law); religious domination (Christianity vs. Islam); openness to sea (landlocked vs. coastal); resource-wealth (oil-rich vs. oil-poor) and political stability (stable vs. unstable). Baseline findings broadly show that improvement in both of measures of ICT would significantly diminish the possibly harmful effect of CO2 emissions on inclusive human development. When the analysis is extended with the above mentioned fundamental characteristics, we observe that the moderating influence of both our ICT variables on CO2 emissions is higher in the group of English Common Law, middle income and oil-wealthy countries than in the French Civil Law, low income countries and oil-poor countries respectively. Theoretical and practical policy implications are discussed.

  • the comparative economics of ict environmental degradation and inclusive human development in sub saharan africa
    MPRA Paper, 2018
    Co-Authors: Simplice A Asongu, Jacinta C Nwachukwu, Chris Pyke
    Abstract:

    This study examines how information and communication technology (ICT) could be employed to dampen the potentially damaging effects of environmental degradation in order to promote inclusive human development in a panel of 44 Sub-Saharan African countries. ICT is captured with internet and mobile phone penetration rates whereas environmental degradation is measured in terms of CO2 emissions per capita and CO2 intensity. The empirical evidence is based on Fixed Effects and Tobit regressions using data from 2000-2012. In order to increase the policy relevance of this study, the dataset is decomposed into fundamental characteristics of inclusive development and environmental degradation based on income levels (Low income versus (vs.) Middle income); legal origins (English Common Law vs. French Civil Law); religious domination (Christianity vs. Islam); openness to sea (Landlocked vs. Coastal); resource-wealth (Oil-rich vs. Oil-poor) and political stability (Stable vs. Unstable). Baseline findings broadly show that improvement in both of measures of ICT would significantly diminish the possibly harmful effect of CO2 emissions on inclusive human development. When the analysis is extended with the abovementioned fundamental characteristics, we observe that the moderating influence of both our ICT variables on CO2 emissions is higher in the group of English Common Law, Middle income and Oil-wealthy countries than in the French Civil Law, Low income countries and Oil-poor countries respectively. Theoretical and practical policy implications are discussed.

  • educational quality thresholds in the diffusion of knowledge with mobile phones for inclusive human development in sub saharan africa
    Social Science Research Network, 2017
    Co-Authors: Simplice A Asongu, Jacinta C Nwachukwu
    Abstract:

    The study investigates critical masses or thresholds of educational quality at which the diffusion of information with mobile phones enhances inclusive human development. The empirical evidence is based on simultaneity-robust Fixed Effects regressions with data from 49 Sub-Saharan African countries for the period 2000-2012. The following findings are established: (1) There are positive marginal and net effects on inclusive development from the interaction between mobile phones and educational quality, (2) Between 10 and 27 pupils per teacher is needed in primary education in order for mobile phones to enhance inclusive human development, (3) From a comparative dimension: (i) English Common Law countries enjoy higher net effects compared to their French Civil Law counterparts, (ii) positive net effects are more obvious in politically stable (vis-a-vis politically unstable) countries, (iii) positive net impacts are also more apparent in resource-poor (vis-a-vis resource-rich) countries, (iv) low income (vis-a-vis higher income) countries have a higher net effect on inclusive development, (v) landlocked (vis-a-vis unlandlocked) countries experience higher net effects and, (iv) Islam-dominated countries have a slightly higher net impact compared to their Christian-oriented counterparts.