Revista de Economía y Negocios

This research concentrates on the current regulatory and supervisory environment for Islamic banks in Somalia, including their compliance with and ability to effectively oversee that framework. The transition to conventional banking in Somalia is fraught with difficulties. Existing banking regulations are inadequate. The goal of this study was to investigate the regulatory and supervisory background of Islamic banking in Somalia in order to provide recommendations for how to best accommodate this banking system. There is an emphasis on depth of experience and personal insight in this study. We also used interviews to gather data from customers of the Premier, Dahabshil, Amal, and Salama banks. What's more, the research uncovered that Islamic banking presents its own unique set of dangers. Credit risks, which impact P&L transactions, and market risks, which have an impact on sales-based deals, are the two most prominent examples. The research also showed that Islamic banking presents numerous difficulties for the country's banking regulation and supervision systems. Ultimately, regulating banks helps to calm the economy by keeping depositors' money secure and preventing banking systemic failures. This means its significance to Islamic banking cannot be overstated. Since Islamic banking functions on different rational foundations than traditional banking, the study concludes that new regulatory and supervisory laws are needed.

The objective of this article is to study the different aspects of the relationship between the flows foreign direct investment and the quality of governance in an attempt to achieve a better understanding of the contribution of FDI to reducing the poverty. In particular, the thesis will empirically examine how the interdependence and complementarity between FDI and governance allow FDI to contribute to the reduction of poverty. Thus, this work will take a progressive course starting from the determinants FDI in developing countries and going as far as their effects on poverty, through governance, economic growth, development aid, external debt and international fund transfers. We expect, through this econometric study that FDI, in the presence of a good quality of governance can contribute to the reduction of poverty. We will pay particular attention to the identification of mechanisms, to through which FDI and governance affect poverty reduction.

Empirically, we are dealing with a study that takes into consideration the classical approach of FDI contribution to poverty reduction. Then, we treat a study taking into account institutional aspects on the basis of a sample made up of 102 countries, we estimate a dynamic panel model and we use the GMM method according to the Arellano and Bond (1998) approach. In this context, the basic hypothesis consisted of the existence of an indirect effect of FDI on poverty reduction through the channel of governance. The study of this hypothesis was formulated in a dynamic model applied to the data available on the countries of Sub-Saharan Africa, Asian countries (ASEAN), Latin American countries (MCAC) and Eastern European countries (Transition economy) between 1996-201. The results validate the hypothesis that institutional quality promotes the effect of FDI on poverty reduction.

The COVID-19 is one kind of infection, which affected all over the world and also disturb the economy of whole world. India is also affected by the COVID-19 infection and most of the peoples in India are infected by this COVID-19 virus, it also known as corona virus. In today scenario world best doctors is doing research for finding the vexing of COVID-19. The economy of India is directly or indirectly affected by this virus because this virus is effect all over the world economy. In this research article research find out what effect done corona virus on Indian economy and also find out the GST collection of India at the period of Lockdown. In this research article researcher find out that in March 2020 the collection of GST is lower as compare with previous month i.e. February 2020 GST collection, and economy of India is also fall down.