Multinational Research Society Publisher

MRS Journal of Accounting and Business Management

Issue-7(July), Volume-2 2025

1. ASSESSING THE CRITICAL NEEDS DRIVING RURAL DEVELOPMENT IN NIGERIA:IMPL...
7

Sesan Tayo Ologbonori, Sule Ma...
Department of Economics University of Abuja
1-10
https://doi.org/10.5281/zenodo.15787985

In order to improve the values, the potential of rural resources must be fully realized. Only with the application of additional resources, such as time, money, infrastructure, knowledge, and the like, can these values be realized. The high demand for goods is anticipated to drive the use of the aforementioned resources to their fullest potential, raising the rural environment's value and proving that value is a function of profit. Regretfully, the requirement for balance between rural and urban development has not been reflected in government policies and activities throughout the last year. As a result, the majority of development programs and policies are focused on cities. Rural residents have consequently experienced economic and social flaws, unemployment, poverty, and inadequate infrastructure. By the way, those who live in rural areas continue to migrate. Thus, the critical needs influencing rural development in Gwagwalada Area Council, Abuja, Nigeria, are evaluated in this study. Results In order to reduce the rate of ruralurban migration in Nigeria generally and in Gwagwalada specifically, an integrated rural development strategy has been identified and suggested based on the data analysis.

2. ETHICS, GOVERNANCE AND POVERTY ERADICATION
1

Dr. John Motsamai Modise*
Tshwane University of Technology
11-19
https://doi.org/10.5281/zenodo.15805671

Poverty remains a persistent global challenge. This research delves into ethical, sustainable, and participatory approaches to poverty eradication. This study aims to develop a comprehensive understanding of poverty and identify effective solutions that prioritize ethical considerations, long-term sustainability, and community participation. Identifying the root causes of poverty in the chosen context, including access to resources, inequality, governance, and environmental challenges. Evaluating current poverty reduction strategies and their effectiveness. Proposing innovative and participatory solutions that address the identified root causes. Analyzing the long-term social, economic, and environmental impacts of these solutions. A multifaceted approach is necessary, addressing income, resources, inequality, and environmental sustainability. Ethical principles and community participation are crucial for long-lasting solutions. Sustainable solutions consider the long-term environmental and social consequences. A mixed-methods approach will be employed, utilizing quantitative data analysis and qualitative methods like interviews, focus groups, and Participatory Action Research (PAR) to ensure community voices are heard. Significance/Implications: This research can inform policymakers, practitioners, and communities to develop more effective and sustainable poverty reduction strategies. The findings can contribute to a broader discussion on ethical and participatory approaches to poverty eradication globally. Target Audience: Policymakers and government officials. Development practitioners and NGOs. Researchers and academics. Communities affected by poverty. Conclusion: By focusing on a specific context and prioritizing community participation, this research can lead to the development of effective solutions, contributing to a just and equitable world free from poverty.

3. Reconstructing Indonesian Fiscal Policy Based on Islamic Framework
0

Ali Farhan*
STIE Mahardhika
20-27
https://doi.org/10.5281/zenodo.15851994

Fiscal is the main driving force of the state. In the context of Islam, fiscal must run on the principles of justice and transparency. Through a literature study approach, this research tries to redesign fiscal revenue to be adjusted to the Islamic framework. The results of this research show that in the early days of Islam, state revenue was not only based on zakat, but also other sources of revenue made based on the ijtihad of the ruler, but this ijtihad was not free from the principles of justice and transparency, by using the same perspective model, this research try to redesign fiscal in Indonesia. The result discovered that some of fiscal revenue was not comply to Islamic jurisprudence, but some of them was comply.

4. MONETARY AUTONOMY REFORM OPTIONS IN THE CFA FRANC ZONE: A SCENARIO ANA...
5

Uwem Essia*
Uwem Essia Policy Advice (UEPA )41 College Road, Mbiatok Itam, Itu Local Government Area, Akwa Ibom State, Nigeria
28-34
https://doi.org/10.5281/zenodo.16868662

The study explores reform options for the CFA franc arrangement through a comparative analysis of three monetary frameworks: the European Union, the South African Common Monetary Area, and Estonia's monetary reforms. Using a narrative research approach, we examine three scenarios: unilateral exit by a lone member, a smaller common currency area formed by a few exiting members, and a comprehensive reform of the CFA arrangement with all the members. The third option with continued French/EMU partnerships was the most viable and realistic way forward (best-case scenario). Results indicate successful reform requires strengthening intra-zone trade, merging the West and Central African CFA zones, attracting new members, developing a banking union, and investing pooled reserves in transnational infrastructure. It is suggested further that a post-reform CFA framework should prioritize Pan-African solutions while maintaining beneficial links to the Eurozone through French partnership, at least in the immediate and medium term.

5. FINANCIAL MODELING OF THE POST-FRANC CFA SCENARIOS FOR CAMEROON
4

Uwem Essia*
Uwem Essia Policy Advice (UEPA )41 College Road, Mbiatok Itam, Itu Local Government Area, Akwa Ibom State, Nigeria
35-53
https://doi.org/10.5281/zenodo.16791920

This study explores possible post-reform CFA scenarios for an envisaged transition from the current CFA Franc arrangement. Utilizing the Synthetic Control Method (SCM), taking Cameroon as the treated unit and five countries—Nigeria, Namibia, Botswana, Morocco, and Libya – as control units, the study and evaluates the impact of different post-reform currency regime scenarios on key economic indicators, particularly, economic growth, inflation rate, trade balance, and foreign direct investment (FDI) inflows. Key findings indicate that transitioning from the current CFA Franc arrangement would yield different economic outcomes depending on the chosen currency regime. Ranking the scenarios suggests "Pegged to Basket" as the best-case scenario, followed by "pegged to Euro" and "comprehensive reform of the current CFA arrangement," tying as the second-best scenario. The fifth best scenario is "pegged to USD." A balanced policy approach addressing all key economic indicators is essential for Cameroon to achieve long-term stability and growth in the post-CFA Franc era. By prioritizing stabilizing and stimulating growth, maintaining price stability, enhancing trade competitiveness, and attracting foreign investment, policymakers can successfully implement a combination of the first- and second-best scenarios for a post-CFA franc currency arrangement.





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