This paper highlights the opportunities as well as challenges posed for Bangladesh by the Belt and Road Initiative (BRI) of China. BRI is being considered as the most expensive project ever initiated connecting more than half of the world population from Asia, Europe and Africa. For writing this paper, the authors utilized published sources such as journal articles, newspaper articles and web-based information published from 2013 to 2024. The article proposes that although the involvement of Bangladesh in the BRI is not absolutely free of challenges, it can serve the ultimate national interest through greater connectivity with other countries, increased volume of trade and economic activities and socio-cultural exchange. Although, as the originator and major contributor of the BRI, China will be the principal benefiter, other partner countries can also attain considerable benefits out of this historical mega scheme through the application of appropriate vision and strategic implementation. This paper has highlighted those benefits/opportunities and challenges for Bangladesh that can be beneficial for upcoming research projects particularity aimed at development studies, political economy and international relations. On the other hand, based on the arguments made on this paper, policymakers and businessmen can formulate their best policies as well as trading strategies with mutual benefits for all the stakeholders involved.
Due to rising global environmental challenges, air/water pollution treatment technologies, especially membrane techniques, have been focused on. In this context, air or purification membranes have been considered effective for environmental remediation. In the field of polymeric membranes, high-performance polymer/graphene nanocomposite membranes have gained increasing research attention. The polymer/graphene nanomaterials exposed several potential benefits when processed as membranes. This review explains the utilization of polymer and graphene-derived nanocomposites towards membrane formation and water or gas separation or decontamination properties. Here, different membrane designs have been developed depending upon the polymer types (poly(vinyl alcohol), poly(vinyl chloride), poly(dimethyl siloxane), polysulfone, poly(methyl methacrylate), etc.) and graphene functionalities. Including graphene in polymers influences membrane microstructure, physical features, molecular permeability or selectivity, and separations. Polysulfone/graphene oxide nanocomposite membranes have been found to be most efficient with an enhanced rejection rate of 90%–95%, a high water flux >180 L/m2/h, and a desirable water contact angle for water purification purposes. For gas separation membranes, efficient membranes have been reported as polysulfone/graphene oxide and poly(dimethyl siloxane)/graphene oxide nanocomposites. In these membranes, N2, CO2, and other gases permeability has been found to be higher than even >99.9%. Similarly, higher selectivity values for gases like CO2/CH4 have been observed. Thus, high-performance graphene-based nanocomposite membranes possess high potential to overcome the challenges related to water or gas molecular separations.
This study examined the impact of aluminium doping on the structural, electrical, and magnetic properties of Li(0.5)Co(0.75)AlxFe(2−x)O4 spinel ferrites (x =0.15 to 0.60). The samples were synthesised using the sol-gel auto-combustion technique, and they were examined using X-ray diffraction (XRD), scanning electron microscopy (SEM), Fourier-transform infrared spectroscopy (FTIR), dielectric measurements, and vibrating sample magnetometry (VSM). All samples possessed a single-phase cubic spinel structure with Fd-3m space group, according to XRD analyses. SEM images showed the creation of homogeneous particles with an average size of about 21 nm. All samples had spinel ferrite phases, confirmed from FTIR spectra. DC electrical conductivity studies showed that the conductivity increased with increasing aluminium content up to x = 0.45 before dropping at x = 0.60. The maximum saturation magnetization value was found at x = 0.45, according to VSM measurements, which demonstrated that the magnetic characteristics were strongly correlated with the amount of aluminium.
The present study aimed to determine the dynamic relationship between good governance, fiscal policy, and economic growth in Oman. In the context of the current study, researchers chose a quantitative approach to answer the research questions, utilizing the latest 2023 data from the World Bank and The Global Economy databases. The data for the current study was carefully selected using variables that represent aspects of governance, fiscal policies, and economic performance. Our analysis uses Ordinary Least Squares (OLS) regression and the Autoregressive Distributed Lag (ARDL) Model. These methods help us understand these factors’ immediate and long-term impacts on Oman’s economy. The results we obtained offer fascinating insights into the country’s economic dynamics. We observe bidirectional causal relationships between the Good Governance Index (GGI) and the Regulatory Quality Index (RQI) and economic growth, while Fiscal Policy Effectiveness (FPE), Government Efficiency Index (GEI), and the Rule of Law Index (RLI) exhibit unidirectional causality towards GDP. Budget Balance (BB) shows no causal relationship with GDP, implying external factors influence it. Additionally, moderation analysis underscores the significance of digital financial inclusion in amplifying the effects of governance and fiscal policies on economic growth. These findings hold practical implications for policymakers and stakeholders in Oman. Specifically, they highlight the importance of governance, regulatory quality, and effective fiscal policies in shaping the economic landscape. To foster sustainable economic development, efforts should improve governance, enhance fiscal policy effectiveness, and promote digital financial inclusion.
This study aimed to measure the impact of implementing mechanisms of accounting data governance, represented by International Accounting Standards, internal auditing, external auditing, audit committees, disclosure and transparency, and performance evaluation, on the quality of financial reporting data for the commercial banks listed on the Amman Stock Exchange, totaling (15) banks. To achieve the objectives of this study, a descriptive-analytical approach was adopted by developing a questionnaire to collect the primary data measuring the study variables. The questionnaire was distributed to employees in the financial and control departments of these banks, with a total of (375) respondents from the total study population of (733) individuals. Appropriate statistical methods were used to analyze the data, test hypotheses, and the results of this study revealed a strong positive impact of five variables of accounting data governance mechanisms on achieving the quality of financial reporting data. These variables are ranked from highest to lowest in terms of the strength of impact and correlation with the quality of financial reports: disclosure and transparency, external auditing, International Accounting Standards, internal auditing, and audit committees. However, there was no impact of the performance evaluation governance variable on achieving the quality of financial reporting data. These results call on the management of commercial banks in the study to commit to the objective implementation of the requirements of accounting data governance mechanisms as stipulated by international professional assemblies.
Knowledge transfer, assimilation, transformation and exploitation significantly impact performing business activities, developing innovations and moving forward to new business models such as transferring to a circular economy. However, organizations’ decisions or willingness to transition to a circular economy are very often also influenced by the external environment. The study aims to determine the influence of the external environment on the transfer from a linear to a circular economy while mediating knowledge assimilation. The quantitative research involved 159 Nordic capital companies operating in Estonia and Lithuania. The survey has been performed by means of the CATI method. The analysis has been done also by applying structural equation modelling (SEM). In order to perform mediation analysis, IBM SPSS and a special PROCESS macro have been used. The study showed that knowledge assimilation partially mediates the relationship between the external environment and the transfer to the circular economy. Hence, the external environment’s direct effect is much more significant than the indirect. The added value of the study also consists in extending the concept of circular economy by including some aspects of absorptive capacity and the external environment.
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