International Journal of Social Sciences and Economic Review <table style="border-style: dotted;"> <tbody> <tr> <td style="width: 100%;"> <p><strong>International Journal of Social Sciences and Economic Review (IJSSER) (</strong>Online ISSN:<a href="tel:2706-9346">2706-9346</a>) is a double-blind peer-reviewed quarterly open access journal that encourages the latest research on the social sciences, and economics globally. The journal aims to publish quality research and provide access to international libraries to promote the original content in the field of social sciences and economics. IJSSER is a non-profit, academic journal that accepts the high quality theoretical or empirical works throughout the world that contribute genuine knowledge and research in the fields of social sciences and economics. <br /><strong><em>IJSSER is an Open Access Journal</em>.</strong> So, readers can access it freely.</p> <p><a href="">Make a Submission</a> <a href="">Authors Guidelines</a> <a href="">Journal Template</a></p> </td> </tr> </tbody> </table> en-US <p>IJSSER has an open access policy to its content to make the research freely available, easy to access, and support the global exchange of knowledge under the terms of the <a href="">Creative Commons Attribution License 4.0</a>. Researchers and academicians are allowed to download, copy, print, and access the link for the full text of the published material without any charges. As well as, IJSSER allow them to read, distribute, submit to their institution’s library, and any other repositories.</p> (Editor Journal) (Manager Editorial) Tue, 30 Mar 2021 09:14:15 +0000 OJS 60 Globalization and Its Brunt on Nigeria Global Economic Competitiveness: The Need for Holistic and Dynamic Strategies <p><strong>Purpose of the study</strong>: The intensity of globalization has resulted in the near collapse of most manufacturing industries in Nigeria. Most products from Nigeria industries lack the ability to compete with similar products from developed countries. Such appalling competitiveness of the Nigeria economy has bequeathed untold hardship on the citizens of Nigeria. The rationale for undertaking this study is to determine globalisation's brunt on Nigeria's economic competitiveness empirically.</p> <p><strong>Methodology: </strong>The Least Square method was employed to analyse the data collected from various statistical agencies such as the Nigeria statistical bulletin, World Economic Forum report and the United Nations Industrial Development report. The data collected is for the period spanning 2006 to 2017. Microfit 5.1 Statistical software is used in the analysis.</p> <p><strong>Main Findings:</strong> The findings of the study shows that there is a negative relationship between globalization and Nigeria global economic competitiveness. The results further indicate that Nigeria’s participation in the global arena has not yielded the desired benefit associated with globalization with respect to the country’s competitiveness. </p> <p><strong>Research limitations/implications: </strong>The study adds to earlier works on economic competitiveness as a sound pillar of globalization by carving out an empirical analysis of Nigeria experience with globalization. The implications of the study's findings show that Nigeria's innovation strategies significantly lag behind the innovation strategies in developed countries.</p> <p><strong>Novelty/Originality of this study</strong>: This work put-forward a useful awareness into the existential challenge facing Nigeria and other developing economies in terms of equal capacity to confront their developmental problems as a result of globalization. The study further provides a pathway for Nigeria’s economic managers to overcome such challenges with dynamic strategies to achieve the desired benefits of globalization.</p> M. A. Obomeghie, Ugbomhe O. Ugbomhe Copyright (c) 2021 Tue, 30 Mar 2021 00:00:00 +0000 Transition Assessment of the Bangladeshi Financial Market Stress Regimes: A Markov Switching Modeling Approach <p><strong>Purpose of this study: </strong><span lang="EN-US">In view of the global financial crises and the ensuing consequences, this research presents the utility of demonstrating an assessment that can forecast the Bangladeshi financial market’s well-being by analysing episodes of economic crises which may prevent market distress. By graphically demonstrating eventual economic episodes in the financial sector, this study sets out to illustrate the chronological scenario of economic turning points. The scope of this research is to study the vulnerable aspects of financial instability in Bangladesh and seek possible remedies.</span></p> <p><strong>Methodology: </strong><span lang="EN-US">The Bangladeshi financial market regimes will be constructed based on Hamilton's Markov Switching Model (1989). This paper is the first attempt in utilising a standardised methodology found in business cycle literatures so as to determine the turning points of economic episodes in the Bangladeshi financial dynamic cycle.</span></p> <p><strong>Main Findings: </strong>This study examines the financial crises and economic distress experienced by banks as forms of economic vulnerabilities. Thus, it describes the financial regimes of transition period movements in the context of the vulnerability of the Bangladeshi financial market sector using the Markov Switching Modeling (MSM) Approach and shows ways to possibly achieve recovery.</p> <p><strong>Research Limitations/Implications: </strong>This research focuses on the current financial episodes of the economic sector’s dynamic movements in a condensed area, while the selection of a broad financial arena of parameters results in more significant and robust outcomes.</p> <p><strong>Novelty/Originality: </strong>Further studies are needed to define and measure the financial cycle concept and its relationship with business cycles, as well as to delineate dynamic models that can offer substantial probabilistic assessments regarding changes in financial cycle regimes. This can significantly develop the capability of the financial market supervisory authorities to forecast macro-prudential systemic risks and to avoid or reduce the consequences of economic crises. This current study provides a platform for future studies in similar fields.</p> <p> </p> Maria Afreen Copyright (c) 2021 Tue, 30 Mar 2021 00:00:00 +0000 Students Comprehension To The New Terminology of Covid-19 <p><strong>Purpose of Study:</strong> The pandemic that hit the world at this time has led to the existence of new terms COVID-19 in society. This study aims to find out the use of new terms in the COVID-19 press conference.</p> <p><strong>Methodology:</strong> This study is a quantitative study that uses a survey method which is a questionnaire used to identify new terms in the COVID-19 press conference and examine the level of student knowledge of terms in the COVID-19 press conference.</p> <p><strong>Main Finding:</strong> A total of 200 students from four public universities were selected using stratified random sampling. The findings of the study found that UIAM students make a higher comprehensive, followed by UPSI, UKM, and UM students. The total is 3952, UIAM students take the first as 1001 comprehensive of COVID-19 terminology followed by UPSI (998), UKM (995), and UM (958). The terms of R-Naught, Surveying Activities, and Triaging is the newest terminology not understood by all students from all chosen universities. The final finding shows that students comprehensive are really good toward the new terminology of the COVID-19 pandemic.</p> <p><strong>Research Implication:</strong> The implication from this research would like to give some more information to the community about terminology. This research also enhanced the lexicon of the Malay language, thus helping the Malay language to subscribe and describe the new terminology to the other fields.</p> <p><strong>The novelty of This Study:</strong> Based on the research, this paper is the new novelty would like to seek comprehensive students toward the COVID-19 terminology.</p> Aminnudin Saimon, Nazatul Aineena Abdul Latif, Nazihah Abd Rahim, Ainul Insyirah Mohd Yusoff, Nur Syazani Hanis Mohammad Copyright (c) 2021 Thu, 29 Apr 2021 00:00:00 +0000