This study investigated the influence of infrastructure spending, government debt, and inflation on GDP in South Africa from 1995 to 2023. Motivated by the need for sustainable growth amid fiscal and inflationary pressures, this research addresses gaps in understanding how these factors shape economic performance. The primary objective was to assess these variables’ individual and combined effects on GDP and offer policy recommendations. Using an ARDL model, the study explored long- and short-term relationships among the variables. Results indicate that infrastructure spending positively impacts GDP, promoting long-term growth, while government debt hinders GDP in both short and long runs. Moderate inflation supports growth, but excessive inflation poses risks. These findings imply the need for targeted infrastructure investments, strict debt management practices, and inflation control measures to sustain economic stability and growth. Policy recommendations include expanding public investment in productive infrastructure, implementing fiscal rules to prevent unsustainable debt levels, and maintaining inflation within a controlled range. Ultimately, these policies could help South Africa build a resilient, balanced economy that addresses both immediate growth needs and long-term stability.
This article advocates for a fundamental shift in England’s legal approach to professional negligence, particularly within the domains of accounting and audit. English law should move away from its intricate and unclear case law surrounding professional negligence towards a clearly defined test for professional misconduct. Drawing upon a comparative analysis with the legal framework in the United States, where auditors are not shielded from liability under the law, the article highlights the need for a more consistent and accountable legal landscape in England. One of the main aspects that necessitates change is the proximity test, as set out in the Caparo case, which currently prevents auditors from being held liable for negligence to investors (as third parties)—despite investors relying on auditors for their professional skill to audit accounts. As investors rely on audited accounts when making financial decisions, a well-defined test for professional negligence should align English law with international standards and empower victims to seek compensation from the auditors themselves and/or the auditors’ professional indemnity insurance. Such a change would enhance trust and transparency in the financial domain.
In order to study the temperature change trend of the surrounding geotechnical soil during the operation and thermal recovery of the medium-deep geothermal buried pipe and the influence of the geotechnical soil on the operational stability of the vertical buried pipe after thermal recovery. Based on the data of geological stratum in Guanzhong area and the actual engineering application of medium-deep geothermal buried pipe heating system in Xi’an New Area, the influence law of medium-deep geothermal buried pipe heat exchanger on surrounding geotechnical soil is simulated and analyzed by FLUENT software. The results show that: after four months of heating operation, in the upper layer of the geotechnical soil, the reverse heat exchange zone appears due to the higher fluid temperature; in the lower layer of the geotechnical soil, the temperature decreases more with the increase of depth and shows a linear increase in the depth direction; without considering the groundwater seepage, after eight months of thermal recovery of the geotechnical soil after heating, the maximum temperature difference after recovery is 3.02 ℃, and the average temperature difference after recovery is 1.30 ℃ The maximum temperature difference after recovery was 3.02 ℃ and the average temperature difference after recovery was 1.30 ℃. The geotechnical thermal recovery temperature difference has no significant effect on the long-term operation of the buried pipe, and it can be operated continuously and stably for a long time. Practice shows that due to the influence of various factors such as stratigraphic structure, stratigraphic pressure, radioactive decay and stratigraphic thermal conductivity, the actual stratigraphic temperature below 2000m recovers rapidly without significant temperature decay, fully reflecting the characteristics of the Earth’s constant temperature body.
This study aims to scrutinize specific long-term sustainability industrial indicators in Thailand as a representative of an emerging economy. The study uses a Bloomberg database comprising all Thai listed companies on the Stock Exchange of Thailand from 2013 to 2023. The research employs a two-step Generalized Method of Moments (GMM) statistics to assess the enduring impact on industrial sustainability. These results provide consistent, significant and positive relationships between asset turnover and sales with all industrial sustainability. The results additionally reveal that some other factors may moderate industrial sustainability but reveal the GDP growth rate and institutional shareholders are less likely to be corporate sustainability to all indicators. The results provide insight into valuable guidance to management teams, financial statements’ users, investors and other stakeholders on designing effective operations and investment strategies to improve sustainability.
The debate on relocating Indonesia's national capital from Jakarta stems from critical issues such as overpopulation, social inequality, environmental degradation, and natural disaster risks. These challenges highlight the need to reassess Jakarta's viability as the nation's administrative center. This study evaluates Indonesia's readiness to address the complexities of relocation by analyzing Jakarta's socio-economic, political, cultural, and geographical conditions. Using a systematic literature review (SLR) with a qualitative approach, the research explores key questions: Do Jakarta's conditions necessitate relocation? What challenges might arise from the move? How prepared is Indonesia to tackle these challenges? The SLR process includes defining questions, sourcing literature from reputable databases, applying inclusion/exclusion criteria, and synthesizing data for analysis. Findings reveal Jakarta's multifaceted challenges, including social disparities, environmental degradation, disaster risks, and governance issues, which emphasize the urgency of considering relocation. However, the study also identifies significant hurdles, such as high costs, logistical complexities, potential social conflicts, and environmental risks at the new capital site. Relocating the capital is a strategic and complex undertaking that requires meticulous planning. Indonesia must weigh Jakarta's current issues, address potential relocation challenges, and ensure readiness for risk mitigation and sustainable development. Comprehensive and thoughtful planning is essential to achieve a successful and balanced transition.
In the process of vocal music teaching, the level of a singer's aesthetic ability often determines their long-term development. Therefore, in the process of conducting vocal music teaching, it is necessary to pay more attention to the cultivation of students' musical aesthetic ability, improve students' understanding and mastery of music art from the ideological level, and achieve better teaching effects. This article will conduct research on the importance of cultivating aesthetic ability in vocal music teaching, and explore strategies from aspects such as absorbing life content and introducing musical instruments into teaching models. It is hoped to provide some help for related teaching work.
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