The introduction of sustainable development goals has made sustainability a top priority for most nations. This has raised the investment into the educational system for potential growth and for creating an innovation culture in any country; the role of institutional investors in the development of financing clean energy infrastructure, entrepreneurial development, poverty reduction, and driving corporate social responsibility and firm development has been found significant. An intensive literature search of Scopus and the web of science database was explored with different relevant sets of keywords “Institutional investors AND Education”, “Institutional investors” AND “Higher education”, which drew 29 final articles between 2010–2021. This scoping review draws a new open approach for creating alternative sustainable funding for the higher education system and investment opportunities for institutional investors with government intervention. This research becomes the first that shows the road map to the higher education system in creating alternative funding through the proposed Institutional Investor & Sustainable University Funding Governance Code, which will make the higher education system independent and ease the burden on the government, as well as create a huge market opportunity for both players. This research model will scope the collaborative approach towards sustainable development goal 4—Quality education.
Purpose: To examine the perception of students regarding an e-learning system adopted by various educational institutions in the Kingdom of Saudi Arabia during the COVID-19 pandemic. Methodology: A web-based-survey was conducted among selected university students in Saudi Arabia. A total of 294 students were randomly chosen to determine the utilities and credibility of the adopted e-learning mode of education. The reliability of latent constructs was assessed according to Cronbach’s alpha, and confirmatory factors analysis was conducted via AMOS software (version 24) to measure the students’ perceptions of online learning. Results: The outcomes of the present study reveal that e-learning has been very useful throughout the pandemic period among selected Saudi Arabian universities. The students have a positive view of the online system of education, which has many benefits, including flexibility, low cost, self-learning, and convenience. Implications: The results of the present study will be beneficial for all educational institutions that are largely dependent on the findings of the online survey.
India’s financial inclusion has significantly improved during the last several years. In recent years, there has been a rise in the number of Indians who have bank accounts, with this figure believed to be close to 80% at present. Fintech businesses in India are progressively becoming more noticeable as the Government of India (GoI) continues to strive for expanding financial services to the underbanked sector of the population. To reach the underbanked segments of the population and provide a stable operating environment for fintech businesses, India must seek to increase financial inclusion. In this study, regression and correlation were employed, together with secondary data gathered from the RBI, to analyze this influence. The aim was to determine the impact of fintech and digital financial services on financial inclusion in India. According to the results, fintech businesses have significantly aided financial inclusion in this nation, especially for the middle class. These findings will be helpful for policy-makers working hard to bring every individual in this country into an organized financial system.
Energy and electricity are critical prerequisites for every nation and critical components of social and economic growth. The monetary policy economist has been debating the issue of relying on core inflation or headline inflation, which includes energy, because the energy price is so volatile that it obscures the trend in inflation and dilutes the objectives of monetary policy. This paper aims at analyzing the impact of the twin deficit on energy inflation within a linear and nonlinear framework in India using time series data covering the period from 1971 to 2021. ARDL and NARDL approaches are employed to investigate the linear/symmetric response of energy inflation due to the twin-deficit in India. Estimates show a negative relationship between the twin-deficit and energy inflation in a symmetric model. The results of the asymmetric model reveal that the response of energy inflation due to expansionary fiscal policy (increment in CFD) and contractionary fiscal policy (decline in CFD) is diverse, in terms of size of the coefficient. Further, estimates of NARDL show the distinct impact of increases and decreases in CAD on energy inflation. The study offers several implications for policymakers and energy economists.
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