Browsing by Author "Jallow, Mamadou Salieu"

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    Do macroeconomic factors influence household consumption expenditure in the Gambia? ARDL-error correction regression approach
    (Eastasouth Institute, 2024-06-28) Jallow, Mamadou Salieu; Hamadou, Issa
    Consumption constitutes a larger part of GDP and contributes immensely in enhancing economic growth and development of a country. This study examines the influence of macroeconomic factors on household consumption expenditure in the Gambia. To achieve our objective, we employ ARDL estimation method with Bounds tests to analyze our study using secondary times series data collected from World Bank’s World Development Indicators database from 2000 to 2020. The findings reveal that GDP, inflation, direct credit to private sector, remittances and population all have significant effect on household consumption expenditure in the short run because their p values are less than 0.05 at 5% level of significance. For the long run effect, the CointEq (-1)* is negative and statistically significant. It means that the short run is adjusted with high speed in the run approximatively 108%. Therefore, GDP, inflation, direct credit to private sector, inflation, remittances and population are all significantly affecting household consumption in the long run. Thus, the study recommends that Government of the Gambia to use a mix macroeconomic policy method to stimulate and increase household consumption expenditure in order to help in achieving economic growth and development. The study further recommends future researchers to include other macroeconomic variables like unemployment and interest rate.
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    The impact of climate change on food security : evidence from West African countries
    (Universitas Islam Internasional Indonesia, 2024) Jallow, Mamadou Salieu; Dionisius A. Narjoko; Teguh Yudo Wicaksono
    The global efforts to eradicate hunger and food insecurity by 2030 which is goal number 2 of the United Nations sustainable development goals is being undermine by the adverse impact of climate change on food security. Developing countries especially in West Africa are among the most vulnerable countries to climate change mainly due to the subregion’s dependance on rainfed agriculture for livelihood. Based on this background, this study examines the impact of climate change on food security in West African climate vulnerable countries while controlling macroeconomic factors. To achieve our aim, we employ panel data model to analyze the study comprising 10 West African climate vulnerable countries over the period 2000 to 2020. Findings from model 1 of the study reveal that, rainfall, GDP, trade openness, and cereal production have positive significant impact on food availability; whereas, average temperature, drought, greenhouse gas emission, and population density have adverse effects on food availability. Additionally, results from model 2 indicate that, rainfall, greenhouse gas emission, GDP, political stability, and cereal production improve food accessibility. In contrast, average temperature, drought, and food prices are found to have negative impact on food accessibility. Our findings implies that while rainfall improve food security, other climatic factors such as average temperature and drought drastically reduce food security. Besides, the macroeconomic factors influence food security. These findings are relevant for policymakers and stakeholders to help in achieving food security and sustainable economic growth and development in the sub-region. Therefore, among the policies, we suggest governments in West African countries to reduce carbon emission, increase agricultural investment, provide farmers with drought resistance crops, promote free trade within the sub-region, and stabilize food prices. Finally, the study is limited by unavailability of complete data. Again, the study did not include other pillars of food security such as food utilization and stability in examining the impact of climate change on food security. Therefore, we recommend future research to incorporate these limitations.
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    Unleashing the power of artificial intelligence in Islamic banking : A case study of Bank Syariah Indonesia (BSI)
    (Modern Finance Institute in cooperation with Poznan University of Economics and Business, 2024-06-02) Hamadou, Issa; Aimatul Yumna; Hamadou, Hawaou; Jallow, Mamadou Salieu
    This research examines the challenges and opportunities of AI integration in Islamic banks through a case study of Bank Syariah Indonesia. A qualitative method was applied using an interview approach. Four experts from the IT division of Bank Syariah Indonesia were interviewed. The results suggest that AI applications offer potential benefits such as automation, improved decision-making and efficiency, customer recommendations, and enhanced customer experience. However, the challenges of AI integration include implementation costs, cyber security risks, Shariah compliance, and ethical issues. The research recommends that stakeholders in Islamic banks invest more in cybersecurity and educate their customers about the importance and usage of AI technology. Additionally, the research suggests that the government implements policies related to the ethical regulation of AI technology. Future research should provide comparative analysis and use a mixed-method approach to better understand the challenges and opportunities of AI integration in Islamic banks.