Economic Settings Research Articles

Economic Assessment of Maritime Fuel Transformation for GHG Reduction in the International Shipping Sector

This study aims to predict the economic transition pathway for alternative fuels in accordance with the 2023 IMO GHG Strategy goals. The assessment considers the impact of alternative fuel transition on fuel costs (∆COSTFuel,t), carbon emission costs (∆COSTCO2 eq,t), and ship new/retrofit costs (∆COSTship). The parameters and boundary conditions were set based on the current status and trends in the international shipping industry, as determined from previous research, to predict the economic transition pathway for alternative fuels. The results show that in 2050, with a standardized economic efficiency of 130%, profit will reach its maximum value, approximately −54,000 million USD. The study standardized fuel ΔCOSTj, normalized, and ΔNPV%j, normalized as a basis for adjusting penetration rates. At this time, considering fuel costs and NPV%, the composition of alternative fuels is as follows: bio-LNG, bio-Methanol, e-LNG, e-Methanol, e-Ammonia, BD, and Fossil-LNG, with shares of 18.56%, 4.00%, 25.64%, 6.00%, 10.00%, 28.00%, and 0%, respectively. Compared to conventional marine fuel HFO, the increase ranges from 23.54% to 69.50% in the 2030s, 0.52% to 0.55% in the 2040s, and decreases by 6.88%– 14.69% in 2050. Using more LNG and BD in the 2040s and 2050 is an alternative way to achieve a better economic fuel transition. Moreover, the economic penetration rate combination set in this study can achieve sufficiently small ∆COSTT,t and sufficiently large NPVΔt under specific assumptions and boundary conditions, rather than an absolute minimum ∆COSTT,t or the absolute maximum NPVΔt. The results revealed that no single alternative fuel has a comprehensive advantage in reducing carbon intensity and economic performance at all times. Given the uncertainties in the supply chain, cost-effectiveness, and infrastructure for Methanol and Ammonia, LNG and BD play a crucial role in the transition of international shipping fuels. Our work provides a fundamental and comprehensive prediction of fuel transition based on the current status and trends in the international shipping industry.

Accountability and governance in academia: a Foucauldian perspective on digital governance and control

PurposeThe study views accounting, control and governance dimensions in academia through the Foucauldian lens in the digital era. The study demystifies the dichotomy of controls and creative academic initiatives for enhanced learning outcomes by utilizing the works of Michel Foucault (1977, 1980, 1991a, b, 1979) in the context of digitally native actors.Design/methodology/approachThe archival documents were studied to gain a clear insight into the academic processes. Next, the primary data was collected through in-depth, semi-structured interviews of academic administrators (AA) and professors.FindingsFirst, the study establishes that academia extensively models its systems and processes on the Foucauldian tenets of disciplinary control, self-surveillance, trust, empowerment and visibility, utilizing a blend of digital and non-digital technologies. Second, the study unpacks the shortcomings and offers a nuanced critique of digital governance in academic institutions. Such institutions extensively situate their systems, processes and routines on Foucauldian tenets. Third, digital platforms do reinforce injustice and exclusion. Such digital exclusion exists among the faculty, the students and the administrative staff. There are student groups which are marginalized in emerging economy settings. Furthermore, in a predominantly technology-driven ecosystem such marginalized students’ academic experience is significantly different from their privileged peers.Originality/valueThis study is one of the few studies that utilize the Foucauldian lens to understand the tension among accounting, controls and governance outcomes, at a granular level in an emerging market academic setting which is characterized by inequitable resource distribution. Second, by collecting rich primary data from knowledge agents, it supports the dominance of Foucauldian thought with respect to disciplinary control, self-surveillance, visibility, trust and power by embracing digital technologies.

Investigating inherent cement setting mechanisms to improve the constructability performance of extrusion-based 3D concrete printing

AbstractThis research aims to utilize the inherent setting mechanisms of cement to 3D print a more conventional concrete mix without the addition of commercial accelerator admixtures, towards improved surface finish, pumpability or buildability. Three potential rapid setting mechanisms are investigated in this research, namely: flash setting, false setting and belitic calcium sulfoaluminate (BCSA) replacement of cement. The three rapid setting mechanisms are characterised by determining hardened state compressive strength, setting time and green-state compressive strength. Potential mixtures are then 3D printed and their performance quantified through buildability tests and observation of surface finish quality. Additionally, the economic feasibility is investigated. It is shown that false setting does not significantly influence the mechanical properties, while the early age strength gain is not as rapid as for flash setting or BCSA cement. Flash setting improves the early age strength but reduces the long-term compressive strength. Partially replacing OPC with BCSA cement improves the early age strength and does not impact the mechanical properties significantly. Higher cement replacements increased the intensity of the rapid setting mechanisms, shortening setting and increasing early age strength. Flash setting showed the largest positive impact on the buildability of 3D printed concrete. The buildability could be increased by 321% with flash setting, while BCSA cement resulted in a buildability increase of 214% and for false setting only a 35% increase. Flash setting and BCSA replacement are shown to be the more economical rapid setting mechanisms.

Marketing support to commercialize innovations in Russian universities

Modern trends in the changing role of universities in the country’s economic development set new challenges for higher education. The article discusses the main directions of marketing support for universities’ innovative activities and ways to improve the mechanisms for marketing tools formation to commercialize innovations. In order to achieve this, it is necessary to institutionalize the transfer of knowledge by creating an appropriate innovation infrastructure in universities and scientific organizations to commercialize the results of scientific and technical activities. Departments should become an important element of the university’s innovation infrastructure engaged in innovation marketing – activities for the commercialization of innovations based on marketing approaches. The article, based on SWOT analysis and SPACE matrix of strategic position and action assessment identifies the main problems of innovations commercialization in Russian universities and justifies prospective directions of using marketing approaches, methods and tools for promoting new products on the market. It is concluded that the main thing in determining promising areas of scientific research and technical and technological work is to study and forecast the needs of the market to determine the degree of its usefulness for the buyer and the consumer. The adoption of technology by the market and the consumer is the main result of innovations commercialization.

Towards integration of care in Portugal: Expansion of a new management model for the NHS

Abstract Introduction In 1999, the first Local Health Unit (LHU) was created in the Northern region of Portugal to improve management, share resources and integrate care. The LHU integrated a National Health Service (NHS) hospital and primary healthcare (PHC) services located within the same geographic area and became responsible for public health activities and the provision of care. Over the next few years, 7 LHUs were created, the last one in 2012. In 2024, the government expanded this model to the entire territory, creating 39 LHUs. This research analyses the objectives, characteristics and expected outcomes of the scale-up of LHUs. Methods This study utilised a mixed methods approach based on the 6 Ps - Problem, People (policy stakeholders), Process (policy development), Price tag (Resource allocation), Paper (policies, laws, regulations), Programmes (policy implementation); and the political, social and economic setting of the Policy Circle Framework. Findings A 2015 assessment revealed that LHUs did not differ from non-LHUs in terms of access, waiting times, clinical excellency, patient safety or patient centeredness. The degree of integration of care in LHUs seemed lower compared with non-LHUs. However, there was no systematic evaluation of the creation of the first LHU. Despite this, the government announced the intention to expand LHUs to the entire national territory, which culminated with the creation of 39 LHUs in 2024 to deliver integrated care, with an emphasis on the proximity and continuity of health services and promotion. Conclusions Despite the existing knowledge gap on the impacts of LHUs in health outcomes and management efficiency, LHUs can provide opportunities to advance integrated and patient-centred care and develop strategies for managing scarce resources, including the health workforce. Nevertheless, the integration of hospitals and PHC can threaten the centrality of primary health care both in terms of delivery of care and resource allocation.

Technological shocks and stock market volatility over a century

This paper provides a novel perspective on the innovation-stock market nexus by examining the predictive relationship between technological shocks and stock market volatility using data over a period of more than 140 years. Utilizing annual patent data for the U.S. and a large set of economies to create proxies for local and global technological shocks and a mixed-sampling data (MIDAS) framework, we present robust evidence that technological shocks capture significant predictive information regarding future realizations of stock market volatility, both in- and out-of-sample and at both the short and long forecast horizons. Further economic analysis shows that investment portfolios created by the volatility forecasts obtained from the forecasting models that incorporate technological shocks as predictors in volatility models experience significantly lower return volatility in the out-of-sample horizons, which in turn helps to improve the risk-return profile of those portfolios. Our findings present a novel take on the nexus between technological innovations and stock market dynamics and pave the way for several interesting avenues for future research regarding the role of technological innovations on asset pricing tests and portfolio models.

Can retroreflective rings enhance drivers’ safety perception of spatial right-of-way in freeway tunnels? A simulation exploration

In order to investigate whether retroreflective rings can enhance drivers’ perception of spatial right-of-way in freeway tunnels, this paper explores a simulation test. The characteristics of spatial right-of-way in tunnels are elucidated, and a comparative test is conducted using commonly used delineators and raised pavement markers against retroreflective rings to enhance the perception of spatial right-of-way. The test employs the perception of lateral deviation and longitudinal distance as indicators to reflect the lateral and longitudinal right-of-way. Video scenarios, incorporating different facilities and spacing, are created using 3Ds Max software following the design standards of freeway tunnels. The indicators of Stimulation of Subjectively Equal Distance (SSED), lateral deviation, and perception reaction time (PRT) are chosen to assess the effects of different facilities on drivers under varying spacing conditions. Fifty-two participants, divided into two groups of novice drivers and experienced drivers, underwent perception testing in a simulated driving environment. The results indicate that drivers exhibit the highest overestimation of longitudinal distance and the longest PRT of lateral deviation in the absence of facilities. Installing retroreflective rings with a spacing of 50–200 m significantly mitigates the overestimation of longitudinal distance, while reducing the PRT of lateral deviation. On the other hand, setting up delineators and raised pavement markers with a spacing of 6–12 m significantly reduces the PRT of lateral deviation, while there is no significant enhancement to the perception of longitudinal distance. A spacing of 200 m for retroreflective rings and 10 m for delineators and raised pavement markers in the straight section is recommended as a safer and more economical setting scheme. The combination of these facilities can enhance drivers’ safety perception of spatial right-of-way in freeway tunnels, facilitating rapid perception, correct judgment, and timely decision-making for the safe passage of vehicles.

Optimising Stock Market Indices for Emerging Economies: An Empirical Study of the Iraqi Stock Exchange

This research explores the efficiency of different ways to construct a stock market index in the Iraqi Stock Exchange (ISX) context, an emerging market with unique traits. Five methods are considered: Price-Weighted Index (PWI), Equal-Weighted Index (EWI), Geometric Mean Index (GMI), Risk-Weighted Index (RWI) and Volatility-Weighted Index (VWI). The ISX60 index is used as a benchmark against their performance. The study employs 57 stocks listed on the ISX from August 2022 to August 2024, covering two years. We examine each method’s stability, performance, and representativeness through graphical analysis and comparative evaluation when building an index. The results indicate that broader indices with more components show higher stability under all constructions. GMI works well in tracking general trends across the market, while RWI and VWI appear effective at controlling risk and reducing exposure to volatile assets, respectively. It also underscores diversification as critical for constructing indices and tradeoffs between representation versus stability in emerging markets. Such insights enhance understanding of how indices can be created in developing financial systems and have practical implications for investors, policymakers, and financial analysts operating within Iraqi or similar emerging economy settings.

Forum: Fostering Cooperation in Conflict Research Beyond Borders

In this forum article, we examine the state of the field of Peace and Conflict Studies in providing a platform to incorporate local knowledge to generate global insights. Many scholars in peace and conflict studies have traditionally relied on cross-national empirical analyses to investigate conflict dynamics, which can present opportunities for increased level of collaboration, methodological advancement, and interdisciplinary works. Whereas Western-oriented institutions and approaches serve as the locomotive of the production in the field, the vast majority of their data locates in non-Western contexts with diverse cultural, political, social, linguistic, and economic settings. Hence, the overarching theme of this forum emphasizes the benefits of an empirically-driven, methodologically rigorous research agenda that strongly incorporates local knowledge. We offer a platform to discuss the limits and prospects of Global North- South cooperation, the challenges of gathering dependable data, and the ways to overcome these issues while maintaining academic integrity and deepening our understanding of conflict dynamics. We believe that sustained investment in collaborative partnerships and capacity-building initiatives will be critical for unlocking the full potential of local expertise and insights in advancing knowledge-production and fostering peace and stability in conflict-affected areas.

Bridging the Gap: Analyzing Healthcare Access and Inequalityin Ghana

Ghana’s National Health Insurance Scheme (NHIS) has made tremendous progress towards the aimof obtaining universal healthcare coverage. By boosting access to key healthcare services, the NHIS hasplayed a vital role in improving healthcare outcomes across the country. However, despite these advancements, major discrepancies in healthcare access exist, especially among low-income households and rural communities. These inconsistencies show fundamental injustices in the distribution of healthcare services and raise doubts about the NHIS’s potential to effectively serve themost vulnerable parts of society. This research tries to explore the difficulties of healthcare access in Ghana by delving into NHIS membership data. Through an analysis of this data, the study shows patterns of inequality related to both economic status and geographic location. By concentrating on how different economic quintiles connect with the NHIS, the research highlights important hurdles to enrollment and continuing access to healthcare. Additionally, the spatial research indicates considerable inequalities, illustrating how rural residents often experience more severe obstacles in getting healthcare compared to their urbancounterparts. Furthermore, the quality of healthcare services given under the NHIS is severely assessed. Issues such as inconsistent service delivery, poor resource allocation, and different levels of patient satisfaction emerge as important concerns that must be addressed to increase the overall success of the plan. Beyond Ghana’s boundaries, the research encompasses a comparative review of health insurancemodels from Rwanda, South Africa, Mexico, and Kenya—each country presenting a unique approach to healthcare funding and insurance coverage. Rwanda’s community-based health insurance, South Africa’s progressive changes, Mexico’s focus on service quality, and Kenya’s required enrollment offer useful lessons for resolving the inadequacies in Ghana’s NHIS. By drawing on these different models, the study intends to highlight best practices and lessons that could drive policy suggestions customizedto Ghana’s specific social, political, and economic setting. The study offers three critical policy reforms that might strengthen the NHIS and improve healthcare access across the country. Enhancing community participation is regarded as a critical way to enhance NHIS enrollment, particularly among underrepresented populations. Moreover, improving the subsidy mechanisms to better support low-income households is advocated as a manner of eliminating financial obstacles to healthcare. The study also advocates for specific measures to addressthe regional imbalances in healthcare infrastructure, noting the need for increased access in rural areas. Ultimately, these steps are not only meant to eliminate the gaps in coverage but also to secure the long-term sustainability of the NHIS, positioning it to continue offering fair healthcare to all Ghanaians. By tackling these problems and implementing targeted changes, Ghana can make considerable steps toward obtaining true universal healthcare coverage. The NHIS has the potential to become amore inclusive and resilient healthcare system, capable of fulfilling the requirements of the entire population.

Health-Related Quality of Life (HRQoL) in COVID-19 Patients After Recovering from the Acute Infection

Background: Nearly four years after the COVID-19 outbreak, its burden persists, with long-term physical and mental impacts still being discovered. Objectives: Given that these effects may vary across different periods post-infection and in diverse cultural, medical, and economic settings, we aimed to evaluate the health-related quality of life (HRQoL) in Iranian patients six months after acute infection. Methods: A total of 194 infected patients were enrolled and re-evaluated six months after the onset of acute infection. Health-related quality of life was assessed using the validated EQ-5D-3L questionnaire. Results: The mean age of patients was 50.1 ± 15.8 years, with a female-to-male ratio of 1.04. Diabetes mellitus and hypertension were the most common comorbidities. Significant impairment was observed in all categories of HRQoL after recovery from acute COVID-19 infection (P-value < 0.05). Female gender, older age, and intensive care unit admissions were independent factors associated with worsened health status post-recovery. The overall reduction in post-COVID-19 infection quality of life (QoL) score was 25%. Conclusions: The mental and physical burden of COVID-19 in our study population was considerable. Comorbid conditions and a lack of supportive measures post-infection, especially in a low-income country, may contribute to the long-term effects of COVID-19.

Corporate (social) responsibility in state-business relations from the perspective of critical state theory: a historical case of early modern China

This article presents a theoretical framework for analysing corporate responsibility through the lens of critical state theory, focusing on the dynamic interplay between state and business. Traditionally, corporate responsibility is seen as voluntary corporate actions for public welfare. However, it is increasingly viewed as integral to business strategy and subject to regulatory oversight. Utilizing Jessop’s strategic-relational approach, this study underscores the state’s role in structuring corporate behaviour, revealing how shifts in political elite networks influence corporate responsibility practices. A historical analysis of early modern China highlights these dynamics within specific national contexts characterized by developmentalism and authoritarianism, demonstrating the profound impact of state-business symbiosis on corporate responsibility. This analysis contributes to a deeper understanding of corporate responsibility in diverse political and economic settings, demonstrating how state power, corporate influence, and social welfare are mutually reinforcing and shaped by broader socio-political dynamics.

The Role of Print Media in Shaping Public Health Outcomes: A Comprehensive Review

This theoretical study investigates how health-related material in print media affects public health by synthesising current data to grasp its influence in determining public health results. Even with the digital revolution, print media including newspapers, periodicals, and pamphlets remains a major source of information. Key topics include the spread of health information, the way health concerns are framed, and the impact on public perspective and behaviour are underlined in the review. Research show that print media may influence health policy debate, increase knowledge of health concerns, and encourage good practices. Still, these results are much influenced by the accuracy, bias, and depth of the material. Print media's health-related material reflects more general social, economic, and political settings, therefore impacting its presentation and reception. Moreover, the different degrees of media literacy among the people help to control the influence of such material. The evaluation also covers ethical obligations of print media in health communication as well as the possibility of false information. This study offers a complete framework for comprehending the intricate interaction between print media and public health by combining theoretical viewpoints from psychology, public health, and communication studies. The results underline the importance of planned, evidence-based health communication in print media to improve its favourable influence on public health outcomes.

Chemicals regulation and non-animal methods: displacing the gold standard.

Regulating industrial chemicals in foodstuffs and consumer products is a major aspect of protecting populations against health risks. Non-animal testing methods are an essential part of the radical change to the framework for toxicity testing that is long overdue in global economies. This paper discusses reasons why the drive to reduce animal testing for chemical safety testing is so difficult to achieve, as perceived by those who are closely involved in chemicals regulations in different capacities. Progress is slow, despite the fact that the ethico-legal conditions for a move away from animal testing are largely in place, and despite scientific arguments for a radical change in the paradigm of toxicity testing, away from reliance on animal studies. I present empirical data drawn from two studies in a European Commission context promoting non-animal methods. The aim of the paper is modest. It is to foreground the voices of those who deal with the science and regulation of chemicals on a day-to-day basis, rather than to offer a theoretical framework for what I heard from them. I offer a synthesis of the main challenges faced by non-animal alternatives, as these are perceived by people in different stakeholder groups dealing with chemicals regulation. I show where there are pockets of agreement between different stakeholders, and where the main disagreements lie. In particular there is dispute and disagreement over what counts as validation of these alternative tests, and by implication of the traditional 'gold standard' of animal testing. Finally, I suggest that the shift to non-animal methods in chemicals regulation demonstrates the need for the concept of validation to be broadened from a purely techno-scientific definition, and be more explictly understood as a demand for trust and acceptance, with more attention given to the complex social, institutional and economic settings in which it operates.

Media coverage, social trust and corporate financing efficiency

The increasing influence of media coverage on corporate financial outcomes has become a critical area of study; however, the intricate relationships among media reporting, social trust, and corporate financing efficiency remain underexplored. This study examines how different types of media coverage impact corporate financing efficiency, while considering the moderating role of social trust. We employ two-way fixed-effects and moderating effects models to analyze these relationships using data from A-share listed companies in China from 2004 to 2022. The findings reveal that positive and neutral media coverage significantly enhances corporate financing efficiency, with positive coverage exhibiting a stronger effect. In contrast, negative media coverage substantially diminishes financing efficiency. Notably, social trust amplifies the impact of all types of media coverage, intensifying both positive and negative effects. We also find that state-owned enterprises are more sensitive to media coverage than non-state-owned counterparts. These results contribute to the understanding of information dissemination in financial markets and highlight the importance of social context in shaping corporate financial outcomes. Our study offers valuable insights for developing corporate communication strategies and targeted policymaking, emphasizing the need for proactive media management and consideration of social trust in financial environments. Future research could explore these dynamics in diverse cultural and economic settings to further elucidate the complex interplay between media, social trust, and corporate finance.

Economic and Governance Dimensions of ESG Performance: A Comparative Study in the Developing and European Countries

ABSTRACT: This research delves into the impact of Environmental, Social, and Governance (ESG) metrics on economic practices, focusing on a comparative analysis between developing countries and Europe from 1960 to 2021. It explores how ESG metrics, once peripheral in economic analyses, have become pivotal in shaping economies and societies globally. The study highlights the emerging importance of ESG in understanding economic resilience, societal well-being, and investment priorities, especially in the context of a globalized landscape. Employing a robust mixed-methods approach, the study integrates quantitative and qualitative analyses to examine ESG metrics’ evolving role. Utilizing World Bank data, it encompasses a comprehensive review of 239 regions and nations over a span of six decades. The quantitative component includes descriptive and time series analyses, alongside correlation and regression techniques. Complementing this, a qualitative cultural and economic synthesis provides deeper insight into the data, positioning ESG criteria at the crossroads of financial imperatives, societal obligations, and cultural dynamics. The study uncovers significant correlations between higher Gross Domestic Product (GDP) levels and advanced ESG practices in Europe, indicative of societal values that emphasize sustainability. It reveals varying ESG performances across Western and Eastern European countries compared to developing nations, influenced by distinct cultural economies. The research highlights how regional geopolitical events, cultural norms, and values have shaped diverse trajectories in ESG metrics’ evolution. These findings offer nuanced insights into the complex influences of ESG metrics across different economic, sociopolitical, and cultural landscapes. The study’s outcomes are vital for policymakers and investors, unveiling the intricate nuances and implications of ESG trends. It underscores the need for nuanced policy strategies that consider the unique cultural and economic backgrounds of regions, particularly in developing countries. The research advocates for a cultural-economic perspective in sustainable development, emphasizing the dynamic interplay between society, culture, and economy. The findings suggest that embracing diverse ESG applications can lead to more effective and culturally sensitive approaches to economic development and governance. Conclusively, this research offers a comprehensive cultural-economic perspective on the role of ESG metrics in shaping sustainable development. It serves as a foundational analysis for future studies and policy formulations, aiming to enhance the understanding and application of ESG criteria in diverse economic and cultural settings.

Private Equity Acquisitions Of Hospices Are Increasing; Ownership Remains Opaque.

Private equity ownership across the US health care system is rapidly increasing, yet ownership structures are complex and opaque. We used an economic data set tracking mergers and acquisitions linked to Medicare data to identify private equity hospice acquisitions. Given the influence of for-profit ownership on hospice quality, transparent data on private equity investment are fundamental to ensuring high-quality end-of-life care.

Adoption of Business Intelligence Among Iraqi SMEs Culture: Impact of Technology Acceptance Model, Information Quality, And Organizational Readiness

Effective use of business intelligence has become essential for small and medium-sized organizations (SMEs) in the era of digitalization due to the introduction of new technologies. Therefore, this study aims to measure the influence of the Technology Acceptance Model (TAM) and other factors, for example, the quality of information, organization readiness and technology infrastructure, on business intelligence. A quantitative research methodology was used, with a sample size of 281 participants who were owners, managers and information system staff in Iraqi SMEs who had experience using business intelligence. The findings of this study indicated that the quality of information has a significant impact on perceived usefulness (PU) and perceived ease of use (PEOU). Similarly, PU, PEOU, organization readiness and technology infrastructure positively and significantly impact business intelligence adoption. This study offers a comprehensive analysis of the crucial aspects that contribute to the successful deployment of business intelligence, thereby influencing the outcomes of SMEs. The results of this study will help entrepreneurs, SME owners managers, and academics develop a business intelligence system that can enhance overall organizational efficiency in a dynamic economic setting. Putting in place a good business intelligence system will help managers make better decisions, boost economic growth for businesses, support new ideas in businesses, and improve their overall performance and output.

The Migrant seen as a Philosophical Wanderer: Real Perceptions, Ideals and Fantasies on Foreignness - Philosophical Counselling for Migrants

The nomad spirit has shaped the authenticity of our humanity since the dawn of time. In this process, the cultural self undergoes a transformation or a conversion. Migrants are those who are seeking to pacify some initial anxieties or inner delusions and to do so they are availing of the element of foreignness by settling in or travelling to a distant place. This research asserts that there is a physical abode that grants us a sense of familiarity and security. Individuals anchor their identity in the broadness of these three pillars that give the predisposition of a being-at-home feeling; the childhood home, any place on our emotional axis that is associated with our family or friends and the made up places found in modern, popular stories that blend in with our idealism of what home should mean. Second, the paper will argue, as found in the case study, that the majority of us are psychologically unequipped when we proceed to meeting with the inclemencies of a new political, economical, social and cultural setting of a different country. There is much reflectiveness, aloneness and responsibility in migrants’ decision to engage in the dialogue of interculturality. Hence, the migrant begins to resemble a philosophical figure by means of contemplation, self-transformation, dispelling the impurities of the mind and the soul by carrying out a personal project of outlandishness. Within the presence of the dialogue, we not only perceive what is different from our behavior, but we also take the first step into discovering other life styles and all habits adjacent to them; we participate in the “mutual belonging” of interculturalism. The study will bridge the cultural, social, psychological implications from migration literature to philosophical theories. It represents a humble attempt at connecting philosophical counselling approaches and techniques with existing multicultural guidance services which are present in every country.

Smallholder farmers’ willingness to pay for improved irrigation water use: the case of Menz Mama Midir Woreda in North Shewa Zone of Amhara National Regional State, Ethiopia

ABSTRACT The water use practices in Menz Mama Midir woreda are very traditional and inefficient. To lessen this problem, water pricing (valuation) has been considered to be a promising tool. This study, therefore, examined smallholder farmers' willingness to pay and determinants affecting their decisions to pay for improved irrigation water use in Menz Mama woreda, North Shewa zone, Amhara national regional state of Ethiopia. Cross-sectional data collected from 215 randomly sampled irrigation beneficiaries were used for analysis. The mean WTP from double bounded dichotomous elicitation method ranges from 164.027 Birr (4.17 USD) to 221.059 Birr (5.62 USD) per year per hectare of irrigable land. The result from the seemingly unrelated bivariate probit model estimation revealed that the sex of the household head, total annual farm income, size of irrigable landholdings of the household, frequency of extension contacts, amount of credit, and dissatisfaction with the existing irrigation service positively and significantly influenced farmers' WTP decisions. In contrast, off-farm income and bid values were negatively related to WTP decisions. Therefore, the aforementioned factors affecting farmers' decisions to pay should be taken into consideration when constructing irrigation schemes in the study area and areas with similar economic and socio-cultural settings.