- Volume 11, Number 2 (2023)
RISK, REASON, AND INSURANCE: UNDERSTANDING THE RATIONALITY OF LIFE INSURANCE BEHAVIOR AMID ECONOMIC FLUX
Dmitry Ivanovich Sokolov
Life insurance plays a pivotal role in long-term investments and the sustained growth of economies, complementing personal savings. This financial product supports individuals in critical life events such as marriage, birth, death, casualty, and retirement. In developed countries like Japan, the United Kingdom, and France, life insurance premiums constituted a substantial portion of total insurance premiums in recent years. Economic volatility, crises, and uncertain conditions significantly influence the demand for life insurance. However, the individual responses to these economic uncertainties in the context of life insurance remain a subject of ongoing theoretical and empirical debate. Understanding and regulating individuals' behavior...
CAMEROON AT WORK: UNPACKING THE LAYERS OF GENDER WAGE INEQUALITY AND OCCUPATIONAL SEGREGATION
Jacques Pierre Mballa
Cameroon's economic dynamics and demographic pressures have triggered a structural transformation in its labor market, resulting in deteriorating employment conditions and reduced access to social services. The rise of precarious employment and the informal sector have exacerbated these challenges, contributing to significant disparities in labor market indicators (National Institute of Statistics (NIS), 2012; Ekamena, 2014; Baye, Epo & Ndenzako, 2016; International Labour Organization (ILO), 2017). Currently, the informal sector accounts for approximately 90% of the workforce in Cameroon (NIS, 2016), with women disproportionately concentrated in low-paying jobs, particularly within the informal agricultural sector. Although women have made progress in the...
TIMBER TALES: A DETAILED ANALYSIS OF WOOD ENERGY CONSUMPTION IN REPUBLIC OF THE CONGO'S MAKÉLÉKÉLÉ DISTRICT
Thierry Fabrice Bissouma
Woodfuel, a vital energy source in developing countries, especially in Africa, is poised to play a central role in meeting growing energy demands. However, its predominantly artisanal production concentrated around urban centers raises concerns about the depletion of urban and semiurban forests. This issue gains urgency within the broader context of global efforts to combat climate change and prioritize forest conservation. The determinants of wood energy consumption are theoretically approached from two perspectives. The first viewpoint, linked to a country's level of development, encompasses Kuznets' environmental curve theory and the poverty-environment hypothesis, suggesting that wood energy use is contingent upon...
TRADE DIPLOMACY: AFRICAN COLLABORATION IN TURKEY'S PURSUIT OF FRESH MARKET OPPORTUNITIES
Aylin Nur Yilmaz
The African continent, once synonymous with poverty and conflict, has undergone a profound transformation since gaining independence from colonial rule after World War II. While still home to many of the world's least developed countries, Africa is experiencing rapid growth and urbanization, with a burgeoning young population that holds the potential to shape global developments in the 21st century. This transformation is marked by increased agricultural lands, industrialization, and the exploitation of natural resources, all contributing to a surge in income and economic development. In contrast to the turbulent events in the northern part of the continent during the "Arab...