This study aims to evaluate the influence of population dependency ratio on the economic growth of Bangladesh, India, and Pakistan, the three members of the South Asian Association for Regional Cooperation (SAARC). The study covers the time from 1960 to 2021. It also analyses in detail how population aging and the youth dependency ratio affects the development of certain sectors, including industry, services and agriculture. This study uses panel data to determine the influence of population dependency ratios on economic growth. To estimate this effect, we use the Pooled Mean Group/Autoregressive Distributed Lag (PMG/ARDL) technique. Based on the results obtained from the ARDL analysis indicate the presence of a long-term relationship among these variables. These discoveries align with prior empirical research conducted by Lee and Shin, Mamun et al., and Rostiana and Rodesbi. Furthermore, the findings suggest that an increase in the old age population dependency ratio positively influences economic growth within these nations. The long-term relationship findings pertaining to the old and young dependency ratio and economic growth corroborate the conclusions of Bawazir et al., who proposed that the old population dependency ratio exerts a favorable impact, while the young population has an adverse effect on economic growth. Originality: This research focused on the population dependency ratio, a pivotal demographic metric that gauges the proportion of individuals relying on support (including children and the elderly) compared to those of working age. This investigation particularly explores the interconnection between the population dependency ratio and sectoral development, an essential aspect given that various sectors make distinct contributions to economic advancement. Examining how population dynamics affect sectoral development yields valuable insights into the overall economic performance of Pakistan, India, and Bangladesh.
Integrating Education 4.0 in higher education necessitates a transformational leadership approach that champions innovation and technology adoption. This paper reviews the impact of transformational leadership in fostering a conducive environment for Education 4.0, emphasising personalised and technology-enhanced learning experiences. With their vision and motivational prowess, transformational leaders are crucial in steering educational institutions through digital transformation, encouraging the adoption of advanced technologies like artificial intelligence, virtual reality, and data analytics. These leaders are pivotal in nurturing a culture of continuous improvement and empowerment, actively involving team members in pursuing collective achievements and personal growth. The study highlights the importance of transformational leadership in addressing the dynamic challenges and opportunities presented by Education 4.0. By inspiring educators and students to embrace change, transformational leaders facilitate the integration of innovative teaching methods and technologies, enhancing learning outcomes and preparing students for the demands of the digital age. The findings suggest that transformational leadership is instrumental in creating a flexible, relevant, and forward-thinking educational environment that aligns with the objectives of Education 4.0. This paper advocates strategically emphasising the development of transformational leaders within academic institutions. Such leadership is essential for navigating the complexities of digital-area education, ensuring institutions remain adaptive and responsive to technological advancements, and equipping students with the necessary skills to thrive in a rapidly evolving landscape.
This paper examines the relationship between renewable energy (RE) generation, economic factors, infrastructure, and governance quality in ASEAN countries. Based on the Fixed Effects regression model on panel data spanning the years 2002–2021, results demonstrate that domestic capital investment, foreign direct investment, governance effectiveness, and crude oil price exhibit an inverse yet significant relationship with RE generation. An increase in those factors will lead to a decline in RE generation. Meanwhile, economic growth and infrastructure have a positive relationship, which implies that these factors act as stimulants for RE generation in the region. Hence, it is advisable to prioritise policies that foster economic growth, including offering tax breaks specifically for RE projects. Additionally, it’s crucial to streamline governance processes to facilitate infrastructure conducive to RE generation, along with investing in RE infrastructure. This could be achieved by establishing one-stop centres for consolidating permitting processes, which would streamline the often-bureaucratic process. However, given the extensive time period covered, future research should examine the short-term relationship between the variables to address any potential temporal trends between the factors and RE generation.
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