This paper investigates the implementation of ijarah muntahiyah bittamlik (IMBT) as an infrastructure project financing scheme within the Public-Private Partnership (PPP) models from a collaborative governance perspective. This paper follows a case study methodology. It focuses on two Indonesian non-toll road infrastructure projects, i.e., the preservation of the East Sumatra Highway projects, each in South Sumatra province and Riau province. The findings revealed that Indonesia’s infrastructure development priorities and its vision to become a global leader in Islamic finance characterized the system context that shaped the implementation of IMBT as an infrastructure project financing scheme within the PPP-AP model. Key drivers include leadership from the government, stakeholder interdependence, and financial incentives for the partnering business entity to adopt off-balance sheet solutions. Principled engagement, shared motivation, and the capacity for joint action characterized the collaboration dynamics, leading to detailed collaborative actions crucial for implementing IMBT as a financing scheme.
In light of swift urbanization and the lack of precise land use maps in urban regions, comprehending land use patterns becomes vital for efficient planning and promoting sustainable development. The objective of this study is to assess the land use pattern in order to catalyze sustainable township development in the study area. The procedure adopted involved acquiring the cadastral layout plan of the study area, scanning, and digitizing it. Additionally, satellite imagery of the area was obtained, and both the cadastral plan and satellite imagery were geo-referenced and digitized using ArcGIS 9.2 software. These processes resulted in reasonable accuracy, with a root mean square (RMS) error of 0.002 inches, surpassing the standard of 0.004 inches. The digitized cadastral plan and satellite imagery were overlaid to produce a layered digital map of the area. A social survey of the area was conducted to identify the specific use of individual plots. Furthermore, a relational database system was created in ArcCatalog to facilitate data management and querying. The research findings demonstrated the approach's effectiveness in enabling queries for the use of any particular plot, making it adaptable to a wide range of inquiries. Notably, the study revealed the diverse purposes for which different plots were utilized, including residential, commercial, educational, and lodging. An essential aspect of land use mapping is identifying areas prone to risks and hazards, such as rising sea levels, flooding, drought, and fire. The research contributes to sustainable township development by pinpointing these vulnerable zones and providing valuable insights for urban planning and risk mitigation strategies. This is a valuable resource for urban planners, policymakers, and stakeholders, enabling them to make informed decisions to optimize land use and promote sustainable development in the study area.
Although the problems created by exceeding Earth’s carrying capacity are real, a too-small population also creates problems. The convergence of a nation’s population into small areas (i.e., cities) via processes such as urbanization can accelerate the evolution of a more advanced economy by promoting new divisions of labor and the evolution of new industries. The degree to which population density contributes to this evolution remains unclear. To provide insights into whether an optimal “threshold” population exists, we quantified the relationships between population density and economic development using threshold regression model based on the panel data for 295 Chinese cities from 2007 to 2019. We found that when the population density of the whole city (urban and rural areas combined) exceeded 866 km−2, the impact of industrial upgrading on the economy decreased; however, when the population density exceeded 15,131 km−2 in the urban part of the cities, the impact of industrial upgrading increased. Moreover, it appears that different regions in China may have different population density thresholds. Our results provide important insights into urban economic evolution, while also supporting the development of more effective population policies.
The expansion of road networks, taken place during the last decades, was driven by technological progress and economic growth. The most innovative products of this trend—modern motorways and international road corridors—provide an excellent level of service, traffic safety and necessary information to travelers. However, despite this undeniable progress, major impediments and respective challenges to road authorities and operators still remain. The present paper analytically presents the main current challenges in the road engineering field, namely: a) financing new projects, b) alternative energy resources, especially renewable energy, c) serviceability, including maintenance of road infrastructure, traffic congestion and quality of the network, d) climate change hazards due to greenhouse gas emissions increase, e) environmental impacts, f) safety on roads, streets and motorways, and g) economy and cost-effectiveness. In each country and over each network, challenges and concerns may vary, but, in most cases, competent authorities, engaged in road development policies, have to deal with most of these issues. The optimization of the means to achieve the best results seems to be an enduring stake. In the present paper, the origin and the main features of these challenges are outlined as well as their tendency to get amplified or diminished under the actual evolving economic conditions worldwide, where growth alternates with crisis and social hardship. Moreover, responses, meant to provide solutions to the said challenges, are suggested, including research findings of Aristotle University and innovative technological achievements, to drive the transition to a more sustainable future.
Overwhelming studies unanimously agreed that preservation of the environment is a central climax in the discourse of green banking. There is a growing interest in exploring green banking practices for fostering financial inclusion, economic growth and sustainable development as part of Vision 2030 in Saudi Arabia. There are insufficient studies that examine this in the context of Saudi Arabia. This study aims at exploring the potential of green banking in order to attain sustainable banking and financial inclusion in achieving vision 2030in the country. Qualitative content analysis is used as a methodology of the study. Data were gathered through different sources such as: Web of Science (WOS), related journals, newspapers, published references, research papers, library sources and environmental organizations reports. It is indicated that green banking initiatives can be instrumental in fostering sustainable economic and environmental development in the Kingdom. The paper highlighted various activities of green banking such as: renewable and clean energy, financing green agriculture/food security, high-quality infrastructure among others. Nonetheless, some impediments to the green banking practices such as: risks facing green banks, poor quality of financial services among others are also mentioned in this paper. The paper proffers solutions to the challenges impeding green banking practices. In conclusion, the financial and banking industries in Saudi Arabia has been proving reform of the sector through greening economy. It is there suggested that the stakeholders and policymakers should provide efficient and effective technical, operational legal frameworks for enhancing green economy in achieving Vision 2030 in the country.
This paper proposes to apply a microfluidic chip combining DSC, DTA, and PCR-like functions for studying synthesis and selection of precursors of the genetic code carriers at hydrothermal conditions including those in natural high frequency fields (such as magnetosphere emission, atmospherics, auroras and lightings).
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