Current Research Papers of ARJBM - Volume : 6 and Issue : 4

Global Skepticism Towards Devaluation of Yuan and the Chinese Growth Strategies (1980-2016)

Dr. Naveed Shaikh
DOI Number :   10.24214/ARJBM/0109   Page number :1-9

China being the second largest economy in the world after US has been under pressure during last couple of years. The reason as put forward, is Chinese policy of currency devaluation for export enhancement and discouragement of the imports in the country. Chinese spectacular growth has been credited to its export orientation policy. Nevertheless, the country has ushered towards acceptance of consumption-led growth policy. Present study would examine and analyze the Chinese growth strategy from perspective of currency devaluation and export-led growth and consumption led growth. Further, the analysis would be extended in the direction of recent financial reforms, China has undertaken regarding liberalization of financial sector from state controls. This would be done by taking account of the current account balances (Surpluses), real money balances and the GDP growth during last 20 years.

In addition, analysis of Yuan devaluation policy and its impact on the oil prices would be undertaken by regressing global oil price and the nominal exchange rate of Yuan and US dollar. It may be hypothesized that the devalued Yuan leads to the rise in domestic price and thus fall in the demand for oil. OLS regression technique would be used to carry on the research study.

Factors Affecting Purchase Intention of Mobile Commercial Services In Vietnam

Tran Thi Bich Nhung, Nguyen Thi Phuong Dung, Nguyen Thi Thao Quynh, Pham Thien Nam
DOI Number :   10.24214/ARJBM/1023   Page number :10-23

According to the evaluation of Vietnam E-commerce Association, the mobile commerce in Vietnam has developed dramatically in recent times, but still not high and comprehensive. This paper aims to evaluate the current status of mobile commerce services in Vietnam, and focuses on factors affecting the purchase intention on mobile commerce services in Vietnam to propose solutions for the enhancement of consumer mobile commerce services in Vietnam. The research results show that the frequency of using mobile commerce services is still low, undiversified products are limited and few providers of mobile commerce services. Perceived ease of use, perceived usefulness, social influence, perceived cost, perceived trust, perceived mobility are factors that have a high impact on the purchase intention of mobile commerce services in Vietnam. Based on the analysis of these influencing factors, the study proposes some suitable solutions to enhance the usage intention of mobile commerce services in Vietnam.