The Management of Sustainable Development (MSD) journal - published under the aegis and with the support of Lucian Blaga University of Sibiu, Romania, and the Romanian Academic Society of Management - provides an academic forum for the publication of research papers on all issues related to the evolution and management of sustainable development in all fields of studies. In order to manage sustainable development, it is necessary to compare and integrate environmental, social and economic objectives and to address long-term issues. It is also necessary to use tools and management practices that can be used to operationalize sustainable strategies and to ensure that corporate performance is balanced in terms of the economy, society and the environment.

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The Globethics.net Library has vol. 13(2021) to current

Recent Submissions

  • ENTREPRENEURIAL EDUCATION: A PANACEA TO FORMALISATION OF THE INFORMAL SECTOR

    MUPARANGI Simbarashe; MAKUDZA Forbes; MAKANDWA Godfrey (Lucian Blaga University of Sibiu, 2022-12-01)
    This paper sought to evaluate the influence of entrepreneurial education on informal entrepreneur's intention to formalise. A positivist approach was employed backed by quantitative analysis to determine the impact of education on intention to formalise informal businesses. The study analysed a sample of 265 informal traders and a structured questionnaire was used to gather data. Collected data was analysed using parameters such as regression analysis and Pearson correlation analysis. The results indicate that the general level of education is not among enablers of formalisation. However entrepreneurial knowledge, entrepreneurial skills and entrepreneurial attitude were found to be positively correlated with intention to formalise businesses. The study recommends that more focus should be on entrepreneurial education rather than convectional education system so as to enable transition from informal to formal economy. The study therefore brings a new perspective on formalisation of the informal sector.
  • INNOVATION MANAGEMENT: IS BIG DATA NECESSARILY BETTER DATA?

    JAHAN Sakila Akter; SAZU Mesbaul Haque (Lucian Blaga University of Sibiu, 2022-12-01)
    This study explores the relationship between firms' application of data analytics (specifically it's attributes) with the innovative performance of business. The other objective is to assess if large volume of data is necessarily more effective to drive business innovation. The study collected data through questionnaire survey from management staffs of 250 companies in both developed and developing economies. Statistical tools such as T-test and multiple regression methods were used to analyse the data. The study found suggestive proof demonstrating that data analytics is a pertinent determinant of a firm being innovator and bring innovative products and services to the market. The study also found that large volume of data is not necessarily better data to drive innovation. The findings imply that firms must utilize big data analytics to stay innovative and have a competitive advantage. Unlike previous studies that approached big data as whole, this study addresses various components of big data such as variety, volume, velocity, and their individual impacts on innovation in businesses across the developed economies.
  • BPO INDUSTRY IN ACHIEVING SOCIO-ECONOMIC DEVELOPMENT INCLUSIVENESS AND LOCAL GOVERNANCE IN THE PHILIPPINES

    DILI Ramces; BUNCAD Yve Joerella; PEREZ Yveth Jasmin; VELASCO Rizzie Jovlynberg (Lucian Blaga University of Sibiu, 2022-12-01)
    Despite the threats and challenges confronting many economies, the Business Process Outsourcing (BPO) industry in the Philippines has grown 10% per year in the last decade, ensuring the country's economic stability. Quezon City is the Philippines' ICT capital and has the most BPO workers in the National Capital Region, comprising 135 BPO establishments and 75 tax-paying BPO firms. The city was awarded the most significant office development in 2019. This study fills a knowledge gap by evaluating the BPO industry's contribution to the Quezon City's local government to improve future efforts for the growth of the BPO industry in the city and its socioeconomic status. The case study method of qualitative research was used in the methodology. The essential data was gathered from the Philippine Statistics Authority (PSA), the Philippine Economic Zone Authority (PEZA), the City Government of Quezon City, and in-depth interviews with focal persons from government bodies and the BPO industry. Despite COVID-19, the Quezon City BPO industry remained resilient and flourished from 2019 to 2021. The local partnership program between the private and public sectors aided in the continuous operation of the BPO industry, job retention, and revenue generation. The Business Process Outsourcing (BPO) industry has generated significant revenue for the betterment of the local government unit of Quezon City and the country, Philippines.
  • EXCHANGE RATE VOLATILITY AND MANUFACTURING OUTPUT IN ECOWAS ECONOMIES

    IHEZIE Okwuchukwu Ezra (Lucian Blaga University of Sibiu, 2022-06-01)
    This study examined the impact of exchange rate volatility on manufacturing output in the ECOWAS, using time series data spanning from 1970 to 2019. The study employed panel data analysis to examine the relationship between exchange rate volatility and manufacturing output among all the ECOWAS countries. GARCH was used to establish the existence of volatility; Dumitrescu & Hurlin Granger non-causality test for causality direction between manufacturing and exchange rate, while Panel fixed, and random effect model was used to assess the magnitude of the effects of exchange rate volatility on manufacturing output in ECOWAS. The result of the volatility test from GARCH confirmed the presence of volatility in Exchange rates across all the countries in ECOWAS. Furthermore, the random effect model results showed that exchange rate volatility has a positive and significant impact on manufacturing output in ECOWAS. Based on the findings of this study, it is therefore recommended that exchange rate policies such as floating exchange rates and exchange rate sterilized intervention that will pave the way for competitiveness should be formulated by monetary authorities in ECOWAS.
  • THE WINE SECTOR MANAGEMENT IN PORTUGAL: AN OVERVIEW ON ITS THREE-DIMENSIONAL SUSTAINABILITY

    SWIATKIEWICZ Olgierd (Lucian Blaga University of Sibiu, 2021-06-01)
    The paper scrutinizes wine sector sustainability management in Portugal, which is a traditional wine producer. In Portugal, wine is strategic to its agri-food industry. As the wine market faced changes in consumption and an increase in the quality of the wine offered, new green products (organic, biodynamic) appeared for market niches concerned with environmental and health issues, as well as new ways of communication through the Internet and social media. First, we discuss a global wine market that affects wine market in Portugal, and then we present the internal situation and tendencies, including some examples of sustainable management of this sector in the economic, societal, and ecological dimensions. In the present work, the perspective is essentially of an entire economic sector, since in the Portuguese wine market the Old-World model prevails. This situation comprises high market fragmentation, and strong power exercised by distribution and consumers; it also means that wine production is subject to strict national and common market regulations. However, we do not abandon the micro analysis at the level of the company’s relations with its stakeholders. The methodology adopted in this review is qualitative and it consists of critical analysis of the literature from diverse disciplines, but it also uses secondary sources, such as institutional and technical reports, databases, statistics, notes and media news.
  • MANAGEMENT PROCESSES IN A PUBLIC ORGANIZATION PROVIDING SERVICES TO CITIZENS

    ȚÎȚU Aurel Mihail; OLTEANU Constantin-Dorin (Lucian Blaga University of Sibiu, 2021-12-01)
    The scientific paper proposes a pragmatic perspective of presenting some theoretical and practical aspects regarding a new approach within the studied organization, a process-based approach. The point of view submitted is a small part of the possibilities to implement the process-based approach. For an overview, I did a presentation of the organization in which I carry out my activity, the Sibiu County Directorate for the Registration of Persons, I showed the place and the role of the organization. Later, I explained the way, was organized and the activities that take place in the organization. An important aspect was the realization, in the organization, of personal analysis to make a new, process-based approach. Based on these processes we have made a current map of processes. A further direction of research is building a new process map following analysis to improve the processes within the studied public organization. Subsequently, we intend to execute the modeling of processes with a method that we will establish later.
  • THE EVOLUTION OF THE WORKFORCE IN AGRICULTURE IN ROMANIA

    MAVRODIN Cristina (Lucian Blaga University of Sibiu, 2021-06-01)
    The labor force in agriculture, especially in a considerably rural society and economy, as is the case of Romania, constitutes an important subject of study, based on the measurement and analysis of the main indicators. The purpose of the present paper is to analyze the main indicators revealing the employment in agriculture, the evolution of this sector in the last decades and the potential problems created by the decrease of the labor force in agriculture. Data analyzed in this paper are extracted mainly from the European Union Open Data Portal and from the World Bank, covering a long period of time, more precisely 1991-2018. The data refer to the main indicators regarding the employment in agriculture in Romania in absolute figures and as a percent of the total employment, as well as to other variables relevant for the current research. Employment in agriculture is an important indicator for acknowledging the trend of the work force in this sector. The statistical processing of the raw data clearly indicates that the employment in agriculture has decreased constantly and considerably since 1991, both in absolute figures and as a percent of total employment, although Romania remains the country of the European Union with the biggest number of employees involved in agricultural or agriculture-related productive activities. The size of the decrease varies from year to year, yet it clearly indicates a significant decline, requiring a comprehensive investigation and proper measures taken by the responsible official authorities.
  • A MACRO-COMPARATIVE ASSESSMENT OF WELFARE STATE CONVERGENCE IN THE EUROPEAN UNION

    OROSZ Ágnes; SZIJÁRTÓ Norbert (Lucian Blaga University of Sibiu, 2021-06-01)
    In this paper, we provide a macro-comparative assessment of welfare state convergence. Using the welfare state regime approach, the paper analyses the development of main welfare state indicators within in the enlarged European Union. In this study we capitalize on descriptive statistics and a single convergence analysis based on standard deviation in order to capture alterations in national welfare models of 26 European countries and among acknowledged welfare regimes. Our fundamental aim is to seize on long-term processes (convergence, divergence, or persistence), so we cover almost a two-decade period starting at 2000. Our results, in general, suggest that convergence among welfare states (different indicator of social spending) of European countries is particularly weak, however convergence inside welfare regimes is significantly stronger apart from the Anglo-Saxon group. The pre-crisis period was characterized by a stronger convergence among European countries as a consequence of economic prosperity and intense EU intervention.
  • A WORD FROM THE EDITOR-IN-CHIEF

    Prof. Camelia OPREAN - STAN (Lucian Blaga University of Sibiu, 2021-12-01)
    We have seen a rise in social awareness of the growing global issue of climate change in recent decades, and this increased awareness has resulted in more customers desiring to convert to sustainable products, as well as a quick growth of sustainable organizations to accommodate this growing need. Organizations that prioritize sustainability strive to create products that limit environmental damage through procedures such as design, production, packaging, recycling, and so on.
  • TECHNOLOGY TRANSFER IN THE GENETIC IMPROVEMENT PROGRAM OF SUGAR CANE FROM UFPR

    DE-CARLI Eduardo; SEGATTO Andréa Paula; SINGH Ananda Silva (Lucian Blaga University of Sibiu, 2021-12-01)
    This study aims at promoting an analysis of the process of technology transfer undertaken by Federal University of Paraná (UFPR), by means of the activities developed in the Genetic Improvement Program of Sugar Cane for the development of new technologies, new varieties of sugar cane. To do so, a single case study performed at the UFPR is held, aiming at identifying the main aspects that involve this process from the point of view of an institution. It was possible to notice that it creates a stimulus to the development of knowledge about a particular variety of the sugar cane plant by means of the interaction between the ten universities and also with its partners, in order to develop a variety more genetically developed that allows, for example, increased productivity. The technology transfer in the course of the process allows the development of several new varieties of sugar cane, in addition to providing expertise to members of the project. It is of fundamental importance for the activities and varieties to be carried out in a better way every time.
  • CROP PRODUCTION FLUCTUATION AND AGRICULTURAL TRANSFORMATION: IMPACTS OF CONSTRUCTING A CLOSURE DAM

    KHAN Shohel; MOUSUMI Israth Jahan; BILLAH Mohammad Maruf (Lucian Blaga University of Sibiu, 2022-06-01)
    A closure dam was constructed on Little Feni River at Musapur Union, Noakhali District by Bangladesh Water Development Board (BWDB) in 2016. The study assessed crop production fluctuations between pre and post period of the construction of this dam. Data were collected from Department of Agricultural Extension (DAE), Companiganj Upazila, and BWDB, Noakhali. Besides, an inception meeting was arranged at DAE with different participants for two consecutive days and three focused group discussions (FGD) from almost all stakeholders were done to triangulate the result. The trend was calculated by the data retrieved from 2011 to 2018 for the projection of the study. The result showed a revolutionary increasing trend for Brassica juncea, Arachis hypogaea, and Allium sativum with 1214%, 1400%, and 1600%, respectively. Followed by, the positive trend was showed for Oryza sativa, Cajanus cajan, Pisum sativum, Capsicum annuum, wintry vegetables and Cucumis sativus with 30.97%, 116.41%, 200%, 145.83%, 52%, 475%, respectively. And nearly stable trend was found for Ipomoea batatas, spices and Lathyrus sativus with a positive trend of 4%, negative trend of 7.59% and 8.86%, respectively. The study concluded that construction of closure dam might be greatly influenced in the high production rate of crops in the study area.
  • INSTITUTIONALISM AS A SPECIES OF EVOLUTIONISM

    DINGA Emil (Lucian Blaga University of Sibiu, 2021-06-01)
    The paper aim is to examine the logical and epistemological bases of the institutionalism (especially of the economic institutionalism) in order to show that it is, in fact, a species of evolutionism (including of the economic evolutionism or of the Evolutionary Economics). The analysis will be driven from the perspective of axiomatic theories as Economics should, probably, be grounded. Among others, the paper tries to demonstrate that the institutionalism as a species of evolutionism is part of Political Economics (as normative theory) but not at all a part of Economics (as positivist theory). In the end of the study, the concepts of ethics and of morals, respectively (which are explained to be vastly different from each other) are introduced in discussion and shown they are important ingredients regarding the institutionalism as a species of evolutionism. It seems further considerations in the perspective of considering institutionalism as component part of evolutionism could be of scientific interest.
  • COMPARISON OF THE QUALITY OF THREE TYPES OF YOGURT. THE IMPACT OF TAPIOCA POWDER ON THE CHARACTERISTICS OF YOGURT

    MOGA Valentina Mădălina (Lucian Blaga University of Sibiu, 2021-06-01)
    This research presents a comparison between three types of yogurt: classic yogurt without addition, yogurt with added skimmed milk powder (the most common yogurt additive) and yogurt with tapioca. The aim of the research is to identify whether there are differences between these three products and what is the impact of tapioca powder on the characteristics of yogurt. Experimental determinations were performed such as: sensory analysis, textural analysis, analysis of physical parameters (acidity, lactose content, syneresis).
  • NEWS REGARDING THE MANAGEMENT OF THE SUSTAINABLE DEVELOPMENT OF CAR TRANSPORTATION FROM THE PERSPECTIVE OF AUTONOMOUS VEHICLES

    ȚÎȚU Aurel Mihail; NEAMȚU Gheorghe; STAN Sebastian Emanuel (Lucian Blaga University of Sibiu, 2021-12-01)
    The scientific paper presents a practical research carried out by the authors in order to implement certain concepts of technical nature, so that those interested in this field can become aware of a certain way of exposing the problems regarding the role of technology and autonomous vehicles in the sustainable development of car transportation. According to previous research, it has been found that human error has a share of about 95% in the occurrence of road accidents in Europe, causing thousands of human lives to be taken away annually. Experts in the field say that autonomous vehicles can significantly reduce this percentage and at the same time contribute to increasing road safety. Digital technology also has its advantages and disadvantages. It helps reduce congestion and pollution in road traffic, increases access to mobility for people with disabilities, creates new jobs, brings economic growth, increases safety in road traffic but can also become dangerous when disturbances and malfunctions make their mark on artificial intelligence. We present further a technical and managerial study with engineering nuances, through which readers can look at and understand the concept of sustainable development in a global context, presenting the place, role and current stage of development of the autonomous vehicle in the road transport system. At the end, some conclusions and further research directions in the approached field are presented.
  • VULNERABILITY TO THE CURRENCY CRISIS: THE CASE OF SERBIA

    MARKOVIĆ Milan; MARJANOVIĆ Ivana (Lucian Blaga University of Sibiu, 2022-12-01)
    The aim of this paper is to assess the external liquidity and currency stability of the Serbian economy. For this purpose, the following indicators were used: coverage of short-term external debt by foreign exchange reserves, coverage of imports by foreign exchange reserves and the exchange market pressure (EMP) index of the Republic of Serbia. Global events such as the coronavirus pandemic and the crisis in Ukraine have also affected the national financial market, so it is important to investigate this impact and compare it with the previous crisis of 2008-2009. The research shows that the Republic of Serbia has an optimal level of foreign exchange reserves in order to preserve the stability of the exchange rate and finance the balance of payments deficit, as well as a relatively low degree of vulnerability to the currency crisis. Based on that, it can be assessed that the monetary policy was conducted adequately in the previous period of the health crisis. However, some caution is needed due to the growing value of the EMP index as a result of increased demand for foreign exchange due to market panic, global uncertainty and the current geopolitical situation.
  • LOCAL COMMUNITY MEMBERS' PERCEPTIONS OF RAINFALL SCARCITY AND ITS IMPACTS ON WATER AND FOOD RESOURCES: A CASE STUDY OF MOLETJIE COMMUNITY IN LIMPOPO PROVINCE, SOUTH AFRICA

    MODISE Trevor Rehaugetswe; RANKOANA Agnes; MALATJI Moshohli Kenneth (Lucian Blaga University of Sibiu, 2022-12-01)
    Local communities are conscious of changing climatic conditions, the main variables, and their impacts on human livelihood requirements. This study describes the local community members' perception of rainfall scarcity and its impact on water and food resources. Semi-structured interviews with a sample of 150 participants produced data about the perceptions of rainfall scarcity, its main variables and the impacts on water and food resources. The health impacts of poor status water resources and poor production of subsistence crops involve lack of reliable water provision for household consumption, and malnutrition and poverty as a result of subsistence crop production. A major recommendation from the study is an exploration of coping, adapting, and building the resilience capacities of local communities towards the impacts of climate change on water and food resources.
  • SECTORAL ANALYSIS OF CORONA VIRUS ATTACK IN NIGERIA: AN EMPIRICAL DIAGNOSIS AND SOME POLICY IMPLICATIONS

    ORJI Anthony; IHEZIE Ezra Okwuchukwu; OGBUABOR Jonathan Emenike; ANTHONY-ORJI Onyinye Imelda (Lucian Blaga University of Sibiu, 2022-06-01)
    Recently the depth and extreme consequences of coronavirus in Nigeria have been alarming. In the last few months, the government has undertaken various steps by introducing certain policies that would help in reducing, if not eradicating the socio-economic implications of this novel virus outbreak in Nigeria. The study examines the implications of COVID 19 on the economic status of Nigeria using a daily time series data analysis for eighty-one days during the first heavy lockdown (27th February 2020 to 17th May 2020). The data used for the study were extracted from secondary sources: the NCDC reports, CBN reports, Nigeria Stock Exchange reports, Accuweather reports, and Bloomberg within the period of the study. The data was analyzed using the ordinary least square regression incorporating the correlation test. The study found that daily COVID 19 confirmed cases and daily FOREX rates have a negative and significant impact on daily oil price, a mirror of daily output growth whereas daily share index has a positive impact. Only the daily temperature report was insignificant but positive in the model. The study recommended that Nigerians should strongly adhere to the preventive guidelines as stipulated by the Nigeria Centre for Disease Control (NCDC) in line with World Health Organisation (WHO) recommendations.
  • BIG DATA ANALYTICS & ARTIFICIAL INTELLIGENCE IN MANAGEMENT OF HEALTHCARE: IMPACTS & CURRENT STATE

    SAZU Mesbaul Haque; JAHAN Sakila Akter (Lucian Blaga University of Sibiu, 2022-06-01)
    Background: Healthcare is a very complex area that is ingesting data at an unprecedented speed. Within the health care industry, there’s an abundance of data; data from physicians and hospitals, medical research, medical insurance, medical equipment as well as life sciences keep flowing at a high rate. The improvement of technologies opens doors to huge possibilities for using the data found in health care for transforming the management of healthcare. Research gap: A lot of research have been conducted to study the significance of data analytics in general healthcare, but there’s a gap to research the importance of data analytics in the field of healthcare management as well as its current state of development. Novelty: The study, through employing structural mapping, focuses on evaluating the available research to offer proof that will encourage further application of data analytics in the healthcare field. Methodology: An organized structural mapping analysis of 1241 studies was carried out to identify as well as evaluate the application of Big Data Analytics and Artificial Intelligence in healthcare. Future scope: This study is going to identify the areas which need further study for the use of data analytics in healthcare. This study will likely provide a potential base for future researchers to conduct further research.
  • THE IMPLICATIONS OF THE CIRCULAR ECONOMY ON SUSTAINABLE ECONOMIC GROWTH

    OCOLIȘANU Andreea; DOBROTĂ Gabriela; AGÂRBICEANU Marcela Simona (Lucian Blaga University of Sibiu, 2022-06-01)
    Although the regulatory framework and the conceptualization of the circular economy are still under development, a key role is assigned to the circular economy in the sense of saving resources, minimizing, and managing waste, reducing environmental degradation, while achieving beneficial economic and social results. This paper aims to highlight the impact of the circular economy on sustainable economic growth, by reviewing the specialized literature and impact studies. The transition to a global circular economy has gradually gained political attention, with the aim of promoting the circular economy by exploring synergies by working with other countries to achieve material circularity and, ultimately, decoupling resource use from macroeconomic growth. The result of the research reveals the existence of synergies between the circular economy and sustainable economic growth and the fact that the circular economy can lead to sustainable economic growth or well-being. These estimated positive effects at the global level cannot be generalized to the level of individual economies, due to the specificity of the sectors that support their economy and the degree of harmonization with the practices of the circular economy.
  • EFFECTS OF STORAGE TIME AND ADDITION OF BAOBAB POWDER ON THE TEXTURAL SENSORY CHARACTERISTICS OF YOGURT

    MOGA Valentina Mădălina; TIȚA Mihaela Adriana (Lucian Blaga University of Sibiu, 2022-06-01)
    In addition to taste and aroma, texture and appearance play an important role in the market’s acceptance of yogurt. To improve these characteristics, baobab powder was added to the yogurt and the sensory analysis of the samples was performed using a score scale from 1 to 5. In this research, the effect on the textural and appearance sensory attributes of yogurt with different concentrations of baobab powder (2% and 4%) was investigated by comparing them with a sample of classic yogurt. The samples were prepared in the laboratory under similar conditions and stored at refrigeration temperature for 27 days. The sensory evaluation of the samples was performed in 4 different days from the mentioned storage period.

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