Online ISSN : 2249-460X Print ISSN : 0975-587X DOI : 10.17406/GJHSS Effect
on
Improving
the
Economy Effectiveness
of
Government
Policies Feasibility
of
the
Proposed
Monetary
Retrospective
Reflection
on
the

History VOLUME
18









ISSUE
5









VERSION
1.0 Global Journal of Human-Social Science: E Economics Global Journal of Human-Social Science: E Economics Volume 18 Issue 5 (Ver. 1.0) Open Association of Research Society (cid:3) Global Journals Inc. (cid:139)(cid:3)(cid:42)(cid:79)(cid:82)(cid:69)(cid:68)(cid:79)(cid:3)(cid:45)(cid:82)(cid:88)(cid:85)(cid:81)(cid:68)(cid:79)(cid:3)(cid:82)(cid:73)(cid:3)(cid:43)(cid:88)(cid:80)(cid:68)(cid:81)(cid:3) (A Delaware USAIncorporation with “Good Standing”; Reg. Number: 0423089) Sponsors:OpenAssociation of ResearchSociety Social Sciences. 2018. 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H. Chan Ed.D., Ph.D. in Physical Education Ph.D., Sociology, University of Essex, UK Professor at University of Murcia, Spain Associate Professor City University of Hong K ong, China Dr. Kaneko Mamoru Dr. Luisa dall’Acqua Ph.D., Tokyo Institute of Technology Ph.D. in Sociology (Decisional Risk sector), Structural Engineering Master MU2, College Teacher in Philosophy (Italy), Faculty of Political Science and Economics, Waseda Edu-Research Group, Zürich/Lugano University, Tokyo, Japan Dr. Hugo Nami Dr. Helmut Digel Ph.D.in Anthropologic al Sciences, Ph.D. University of Tübingen, Germany Universidad of Buenos Aires, Argentina, Honorary President of German Athlet ic Federation (DLV), University of Buenos Air es, Argentina Germany Dr. Vesna Stanković P ejnović Dr. Tao Yang Ph. D. Philospohy Ohio State University Zagreb, Croatia M.S. Kansas State University Rusveltova, SkopjeMacedonia B.E. Zhej iang University Dr. Alis Puteh Dr. Asunción López- Varela Ph.D. (Edu.Policy) UUM BA, MA (Hons), Ph.D . (Hons) Sintok, Kedah, Malaysia Facultad de Filología. M.Ed (Curr. & Inst.) Universidad Complutens e Madrid University of Houston, US 29040 Madrid Spain Dr. Thierry Feuillet Dr. Mohd Hairy Géolittomer –LETG U MR 6554 CNRS Mohd Hairy, PhD (U rban Climate), Masters (Université de Nante s) (Environmental Management) Institut de Géographie et d ’Aménagement (National University of Malaysia) Régional de l’Université de Nantes. & Degree In Geography (Hons), Chemin de la Censive du Tertre –BP University Malaya, Malaysia. Rodez Contents of the Issue i. Copyright Notice ii. Editorial Board Members iii. Chief Author and Dean iv. Contents of the Issue 1. Effectiveness of Government Policies in Private Sector and Its Effect on Improving the Economy in Yemen.1-8 2. Analyse Des Fondements Théoriques De L’aide Publique au Développement.9-17 3. Feasibility of the Proposed Monetary Union in East African Community: Generalized Method of Moments Approach. 19-27 4. A Retrospective Reflection on the Life History and the Philanthropic Attitude of Bharat Ratna Dr.Marudhur Gopala Menon Ramachandran – A Bird’s Eye View. 29-43 v. Fellows vi. Auxiliary Memberships vii. Preferred Author Guidelines viii. Index Global Journal of HUMAN-SOCIAL SCIENCE: E Economics Volume 18 Issue 5 Version 1.0 Year 2018 Type: Double Blind Peer Reviewed International Research Journal Publisher: Global Journals Online ISSN: 2249-460x & Print ISSN: 0975-587X Effectiveness of Government Policies in Private Sector and its Effect on Improving the Economy in Yemen By Marwan Mohammed Ali Hayash Limkokwing University Abstract- This study aims to investigate the factors the help to improve the economy of Yemen. This research is qualitative used semi-structured interviews to collect the data. Employees are being working in different private companies. The researcher categorized into different themes according to the repetition in the interviews. The results of the research revealed thirteen themes which are categorized under four main worthy governance, moral policies, investment and virtuous climate. These are the main factors that help to improve the economy of Yemen according to the perspective of the interviewees. Good governance is the dynamo of the development the economy of Yemen because they are the decision makers. Also, moral policies can encourage the business community inside Yemen and outside Yemen to invest in Yemen to improve the economy of Yemen. Investment is an imperative factor to recover the economy of Yemen because without investment the Yemeni economy will still without any improvement. In addition, the climate is an imperative factor because decent helps to attract the investors and also helps to make the economy stable. Unfortunately, the environment in Yemen is not encouraging due to the war which is happening in Yemen. Keywords: yemeni economy, good governance, investment, economic policies, the climate. GJHSS-E Classification: FOR Code: 349999p EffectivenessofGovernmentPoliciesinPrivateSectoranditsEffect onImprovingtheEconomyinYemen Strictly as per the compliance and regulations of: © 2018. Marwan Mohammed Ali Hayash. This is a research/review paper, distributed under the terms of the Creative Commons Attribution-Noncommercial 3.0 Unported License http://creativecommons.org/licenses/by-nc/3.0/), permitting all non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited. Effectiveness of Government Policies in Private Sector and its Effect on Improving the Economy in Yemen Marwan Mohammed Ali Hayash Abstrac t-This study aims to investigate the factors the help to (related to what holds something together and makes it improve the economy of Yemen. Th is research is qualitative sturdy) weaknesses, including labor not flexibilities, used semi-structured interviews to collect the data. Employees complicated and difficult to understand rules, 18 0 are bein g working in different private companies. The elementary equipment needed for a business or society 2 researcher categorized into different themes according to the r to operate) (not having enough of something), a repetition in the interviews. The results of the research revealed e backwards-moving and inefficient helping payments, Y thirteen themes which are categorized under four main worthy governance, moral policies, investment and virtuous cli mate. and (not good enough) social safety nets, and we will 1 These are the main factors that help to improve the economy study Yemeni economic as issue to study (Stebbins. of Yemen according to the perspective of the interviewees. 2014). n I o Good governance is the dynamo of the development the Yemen is a weak country economically, and its si r economy of Yemen because they are the decision makers. economy is non-well developed as it depends heavily on e V Also, moral policies can encourage the business community international aids despite the shortage of oil resources. V inside Yemen and outside Yemen to invest in Yemen to Yemen is not a part of the globe Trade e improve the economy of Yemen. Investment is an imperative u Organization and is full of structural issues notably ss factor to recover the economy of Yemen because without I corruption and various political and social group iimnvpersotvmeemnet ntt.h Ien aYdedmitieonni, tehceo cnloimmayt e wisi lla ns timill pewraithtivoeu t facatnoyr conflicts that control the country (Statistical Yearbook VIII X because decent helps to attract the investors and also helps 2011). The economic activity depends on the port of e to make the economy stable. Unfortunately, the environment in Aden that was affected once the closure of the Suez m u Yemen is not encouraging due to the war which is happening Canal and Yemen faced issues in integrating the two ol in Yemen. systems of the north and the south. Before the unity, the V Keywords: yemeni economy, good governance, deterioration in the export of Yemeni coffee is because ) E investment, economic policies, the climate. of QAT cultivation which affects about 10%. This 10% ( e needs nearly 150000 workers in Yemen at the same time nc I. Introduction and was principally related for a variety of environmental cie S Muanstd h bitu tyhien g(p throincgess)s eosf tohfe p Meoidpdlele mEa aksitn agn, ds eNlloinrgth, itsos cuheosp n ooftfa sbelyv e3r0a%l a opfp riroripgraiatitoen f owr athteer ccuolntivsautmiopnt ioofn f raunitds cial Africa (MENA). Money-base d growing is vegetables, coffee (Economy of Yemen. 2017). So- reducing , long overdue good changes, that cou ld help Yemen could export 40000350000 Tons of fish an a year. However, production in this sector is same slight m start growing and produce works. The World Bank u and is limited to the fishermen and the owners of small H Group's newest quarterly money-based Brief argues that boats of Gross Domestic Production (GDP) whose value f these nations should grab and take control of the o chance to improvement. (related to what holds is about 33.76 billion dollars. Unemployment is 35%, al something together and makes it sturdy) good changes acunrdr entht epreu balirce d4e5b%t owf hYoe mliveen bise l3o.w12 pboilvlieornty dloinllea.r sT haes ourn looked-for to break the (situation where a bad thing J causes another bad object) of slow development and 37% is to GDP. The rate of increase in inflation is 20% in al (not having a steady, trustworthy government) regimes the ingestion price, and in the government of Ali ob Abdullah Salah, Yemen was ranked 146 of 178 in 2010 Gl in these nations cannot manage to pay for stay short according to Transparency International corruption term policy movements such as growing (government- Organization report (Al-Musafir. 2000). Yemen was run services and their employees) salaries and helping classified as one of the worst deteriorating economies in payments, (says Shanta Devarajan, World Bank Chief the developing countries. In a comparison of financial Money-flow expert for the MENA area. These strategies income within the Arab countries, Itwas indicated by make worse a situation which is driven by long-standing GRP-CIA reports that the Republic of Yemen occupies the last place among these countries as the daily Author: General Management and Economy Limkokwing University of Creative Technology, Selangor, Malaysia. financial revenue is one dollar and also the individual e-mail: [email protected] financial income is roughly 95 dollars monthly according ©2018 Global Journals Effectiveness of Government Policies in Private Sector and its Effect on Improving theEconomy in Yemen to Qatar ranking report, while a native study suggests foreign supply at the national level and at the level of that the annual financial profits is about 600$. Economy government units (Al-Batali2014). chiefly depends on the country oil wealth, fish and c) Objectives of the Research agricultural wealth and tourism (Al-Ani. 2002). This Research Has The Following Objectives: a) Background of the industry i . To evaluate the effect of the effectiveness of Good Through the 1990s, the Yemeni economy governance on the economic efficiency in Yemen. witnessed a decline in GDP and variations due to the ii . To explore the effect investments on the economic input of basic segments such for example farming and improvement in Yemen. manufacturing to GDP. In the first decade of the last iii . To investigate the effect of economic policies on the decade, the economy was unprotected to several issues economic improvement in Yemen. of corrosion, and as an outcome, the input of non-oil segments declined. This is has led to a decline in gross d) Research Questions domestic product from ($ 901) million in (1990 to $ 543) i. What is the influence of the worthy governance on 18 0 million in 1994 (the price of the United States dollar was the economic upgrading in Yemen? 2 r 172 rials in 2000). ii. What is the effect of investments on the economic a e In 2000 was valued to $ 719 million the improvement in Yemen? Y Yemen's Gross Domestic Product(GDP) (World Bank, iii. What is the effect of policies economic on economic 2 2001) and GDP unsteadiness, accompanied by a development in Yemen? on I r1e9g9u0l ator p$e 3r 6c7a pinit a2 0p0r0o)f itasn, dw thhiecnh tdoe tchlien eUdS frdoomlla (r$. (720715 iinn e) Significance of the Study rsi 2002). With the low per capita annual income, The significance of the study comes from the e importance of budget in any nation. Yemen is suffering V joblessness and inflation rose, and demand for V from a weak budget especially in the last crisis after the commodities also rose, leaving pressure on the e 2011 revolution. The crisis has led to many problems, u economy. ss and currently, in October 2016, the Yemeni employees VIII I b) ProbYleemmse nS'tsa teecmoennotm y is in a weak phase and hfoarv seu ncoht srteucdeieivse dw hthicehir dseaalalsry w uitnht ilt hneo wcu. rTrehnetr es cise naa nrieoe idn X e prone to collapse, and this is the accumulative result Yemen to reveal the real causes of the catastrophe and m u over the years. It arrived at the case of collapse at the figure out remedies for such a problem. Vol moment, and there are many factors through time that The political scenario in Yemen, moreover, is lead the economy to this stage, and these factors are changing day after day which makes such studies which ) E the previous regime and his administration, stopped investigate the economic problems of the country ( financial assistance from donor countries for Yemen, the imperative. Such studies might not reach to the e nc Central Bank not moving transmission and the decision-makers in the country, but still, these studies e ci worsening poverty. All these factors affected the Yemeni are considered as documentation for the monetary S economy at heart and led the country to this stage (Al- situation in Yemen. al ci Ghafori. 2014). Besides, investigating the economic crisis in o S Rule management suffers from weaknesses Yemen and the causes is significant due to the effect of - an due to difference within the Yemeni opinion and the economy in all the other sectors in Yemen. In other m opportunities within the governance method. words, the social life and simple services including u H Governance in the Yemen Republic is considered education, electricity, food and lifecycle expenses of weaker than the other countries. The United Nations depend on the economic state of the country. If the al agency measured the effectiveness and potency of the financial state of the nation is virtuous, the other public n r rule of law, and the result showed that Yemen suffers sectors and services will not be a burden upon the u o from low income, low security, and stumpy political J Yemeni citizens who live in the country. These reasons al stability. Weak governance in Yemen is within the encourage the researcher to investigate the issue of ob business climate, and therefore it has its impact on Yemeni economy to find the challenges and the factors Gl personal sector growth. Among the factors associated that might help to minimize or flourish the Yemeni with the weakness of excellent governance, indicators economy. are the low level of public services and the absence of infrastructure at the pinnacle of the elements. Then, it is II. Literature Review necessary to bridge the present gap within the management of excellent governance in Yemen as a a) Economic growth and its importance in the Republic challenge and a chance at the same time to enhance of Yemen the standard, and improve the internal responsibility The plans and strategies that passed by Yemen through the separation of powers leading to balance on consecutive stages of economic development from between them and perform body reforms, promote 1990 until plan viewing 2025 founded Yemeni ©2018 Global Journals