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  1. Fulltext Sustainable economic growth and unemployment nexus of SDG 2030: Bangladesh in Asia
    Siddikee MN, Zahid JR, Sanjida A, Oshchepkova P
    SN Bus Econ, 2022;2(1):12.
    PMID: 35036929 DOI: 10.1007/s43546-021-00190-2
    In this study, we applied the Okun's law to examine the current progress of sustainable economic growth and unemployment goal of the fourteen developed and developing countries of Asia. Our findings suggests in the long-run, only China has achieved the sustainable economic growth and unemployment goal until 2018. However, due to recent downward trend of economic growth and upward trend of unemployment rate, China is currently walking opposite to the said goal. Besides, Bangladesh, Kazakhstan and Thailand are progressing fast and Malaysia and Tajikistan are progressing moderately towards the sustainable economic growth and unemployment goal 2030. Despite a higher Okun's coefficient, Turkey is walking opposite to the SDG 2030 due to a sharp rising trend of unemployment and a quick declining trend of GDP in recent time. The rest of the countries are far-off from the above-mentioned goals.
  2. Does good governance promote sustainable tourism? A systematic review of PESTEL analysis
    Bhuiyan MA, Zhang Q, Xuan W, Rahman MK, Khare V
    SN Bus Econ, 2023;3(1):33.
    PMID: 36684689 DOI: 10.1007/s43546-022-00408-x
    This paper aims to analyze the articles regarding the role of good governance in sustainable tourism for China. Following the PRISMA guidelines, a systematic literature review approach has been conducted in this paper. A total number of 100 peer-reviewed journal papers have been critically evaluated. Our review analysis shows that taking necessary steps under good governance can promote sustainable tourism development in China. Few policy recommendations and future research aspects have also been included in the paper.

    SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1007/s43546-022-00408-x.

  3. Fulltext Nonlinear effects of public debt on economic growth in Nigeria
    Yusuf A, Mohd S
    SN Bus Econ, 2023;3(4):88.
    PMID: 36919014 DOI: 10.1007/s43546-023-00468-7
    The COVID-19 pandemic induced governments all over the world to momentarily accumulate higher levels of public debt in order to invest in deficit spending and social protection programs to tackle the anticipated economic slump. The Nigerian government has borrowed heavily from domestic and foreign sources in order to resolve the growing budget deficits and return the economy to a sustainable growth trajectory. Previous studies frequently made the incorrect assumption that the relationship between public debt and growth is linear and symmetric, leading to empirical results that is frequently disputed and imprecise. This study's main objective is to examine the asymmetric impact of public debt on economic growth in Nigeria from 1980 to 2020 using the Nonlinear Autoregressive Distributed Lag method. Empirical evidence indicated that external debt have a significant positive and symmetric impact on economic growth in the long and short run, while debt service payment supporting the debt overhang hypothesis activated a symmetric effect that stifle growth. Domestic debt retarded growth asymmetrically in the short term and linearly over the long term. Foreign reserve holding, on the other hand, had an asymmetric long-run influence and a symmetric short-run impact on growth motivation. To mitigate the negative effects of unsustainable public debt, the study advocated for fiscal reforms that effectively reduce deficit financing to keep the level of government debt low and be able to respond robustly to an economic shock, improve domestic revenue generation and infrastructure spending, and strengthen governance practices and institutions.
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