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Forecasting on the long-term sustainability of the employees provident fund in Malaysia via the Box-Jenkins’ ARIMA model

100%

Hassan S. , Othman Z.

tom Volume 14

nr Issue 1

43-53

This study employs the use of Box-Jenkins’ ARIMA (1,1,0) model for the estimation and forecasts based on the annual data of EPF balances, which serve as a proxy to EPF sustainability, together with the yearly data of possible determinants namely investment earnings, nominal income, elderly population, life expectancy and mortality rate in Malaysia for the 1960 – 2010 and 2010 - 2014 periods, respectively. Amid a negative sentiment and conceivably bleak outlook on the long term EPF inadequacy to provide adequate incomes to elderly persons, the prognosis of this study instead reveals otherwise and is found to be in support for the long term prospect and sustainability of the EPF. With necessary improvements are underway to strengthen the performance of the administered EPF system, it is likely to believe that the EPF organization is committed to promoting its product as a more inclusive and equitable scheme in Malaysia.

COLLABORATIVE PATTERNS OF LONG-TERM SUSTAINABILITY IN COMMUNITY SOCIAL ENTERPRISES: AN INTERNATIONAL COMPARATIVE CASE STUDY

88%

Kovanen S.

tom 39

nr 4

The article presents results from a research on the relevance and challenges of collaboration for the long-term sustainability of rural community enterprises. The study relies on Communities of Practice and Degrowth theories. Methods include semi-standardised interviews and focused ethnography in two community enterprises in rural areas in Germany and Portugal. Main results confirm the relevance of collaborative relations with residents, public sector, peer organisations and within the teams for both stability and transformative power of the organisations’ work. Respectful handling of privileges and balance in participation and professionalisation support sustainability, whereas institutional stagnation and involuntary degrowth may risk it.