Africa's Pulse, No. 19, April 2019: An Analysis of Issues Shaping Africa’s Economic Future

Calderón, César; Kambou, Gerard; Korman, Vijdan; Kubota, Megumi; Canales, Catalina Cantu

doi:10.1596/978-1-4648-1421-1

Cited by 26 publications

(16 citation statements)

References 52 publications

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“…This study, therefore, explores and critically analyses the factors driving the uptake (and non-uptake) of insurance among SMTHEs in Ghana, a Sub-Saharan African country that has been experiencing steady growth in its H&T sector within the last decade but is plagued by resource scarcity, mismanagement and high levels of debt, a situation that is observed across other countries in the region (Calderon, Kambou, Korman, Kubota, & Cantu, 2019;Deloitte, 2019). The study unpacks the risk related issues, firm characteristics, structural and contextual issues, as well as other coping mechanisms that play a role in SMTHEs deciding to take up insurance or otherwise.…”

Section: Introductionmentioning

confidence: 99%

Insurance uptake among small and medium-sized tourism and hospitality enterprises in a resource-scarce environment

Dayour

Adongo

Kimbu

2020

Tourism Management Perspectives

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A B S T R A C TSmall and medium-sized tourism and hospitality enterprises (SMTHEs) are often susceptible to various hazards, which result in risk concerns. Insurance is recognised as one of the risk management strategies, but evidence indicates that insurance uptake among SMTHEs has been low. Yet, researchers have hardly researched into the factors that influence insurance uptake among SMTHEs. Two-hundred and fifty (250) respondents were selected using a multi-stage sampling technique. Confirmatory factor analysis, multivariate logit and probit regression techniques were used to determine factors underlying SMTHEs' insurance uptake. Risk concerns, the firm's characteristics, the perceived benefits of insurance and other informal risk coping mechanisms, as well as insurance service provision concerns were identified as determinants of insurance uptake. This is one of the first papers to offer a holistic understanding of the factors influencing SMTHEs' insurance subscription in a resourcescarce destination of Sub-Saharan Africa. The practical and theoretical implications of the paper are discussed.

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Section: Introductionmentioning

confidence: 99%

Insurance uptake among small and medium-sized tourism and hospitality enterprises in a resource-scarce environment

Dayour

Adongo

Kimbu

2020

Tourism Management Perspectives

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“…The reason for low growth is stagnating oil production, as regulatory uncertainties limit investment in this sector. Economic development is being held back by high inflation, political instability and infrastructure constraints [72].…”

Section: Conflicts Of Interestmentioning

confidence: 99%

Production Strategy Development: Simulation of Dependencies Using Recurrent Fuzzy Systems

Brönner

Wolff

Jovanović

et al. 2020

Systems

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New and unsaturated markets are predominantly located in countries with low incomes. To successfully establish businesses in these new markets, an increasing globalization of value creation is necessary. The integration of these new markets is challenged by their dynamics, turbulence and regulation. Above all, an initially low and volatile demand as well as high barriers for market entry must be counteracted by economical small-series production. As market development is a major challenge for Small and Medium Enterprises (SME), knowledge about the impact of local conditions on their production strategy decisions is essential. Therefore, we design a recurrent fuzzy model combining country- and company-specific input factors as well as internal production parameters to obtain a transparent and reproducible impact statement. The model allows a simplified development of the expert knowledge base by mapping the influences in two steps. The application of the designed model is based on the example of the aCar mobility project, within which an electric vehicle was designed for local value creation in Africa. By applying the model for different African countries, strategy sensitivities can be identified, and recommendations derived.

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“…47 Following the COVID-19 outbreak, warnings have been issued about the severe economic crises that may hit vulnerable nations. 48,49 Many countries are concurrently suffering, and the economic meltdown experienced by high-income countries will further affect the flow of financial aid during this pandemic and beyond. However, SSA countries have set up emergency funds financed by a mix of public and private sector contributions.…”

Section: Heath Financingmentioning

confidence: 99%

Adapting lessons learned from HIV epidemic control to COVID-19 and future outbreaks in sub-Saharan Africa

et al. 2020

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Africa's Pulse, No. 19, April 2019: An Analysis of Issues Shaping Africa’s Economic Future

Cited by 26 publications

References 52 publications

Insurance uptake among small and medium-sized tourism and hospitality enterprises in a resource-scarce environment

Insurance uptake among small and medium-sized tourism and hospitality enterprises in a resource-scarce environment

Production Strategy Development: Simulation of Dependencies Using Recurrent Fuzzy Systems

Adapting lessons learned from HIV epidemic control to COVID-19 and future outbreaks in sub-Saharan Africa

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