Nepalese Journal of Management Science and Research, Vol.2 (2017)



Executive Summary

Editor’s Introduction

Original Articles

Contribution of Education, Health and Economic Growth in Socioeconomic
Development of Nepal: A Long Run Causality Using Time Series Data – Prof. Dr. Hab A.Z. Nowak and Gangadhar Dahal                                                                                             1 – 12

Analysing the Nepali Stock Market with Stochastic Models – Karan S. Thagunna, Rafal M. Lochowski                                                                                                                             13 – 22

The Threat of Cyberattack in East Asia – Choakchai Eaimrittikrai                            23 – 28

The Usage of Non-Biodegradable Packaging Materials, Recycling Strategies
and Impacts on the Environment: the Case of Bahrain – Arpita Dutta                     29 – 37

Why Co-operatives? – Subrata Mukherjee and Manoranjan Das                               38 – 45
Influence of Pester Power on Family Purchase Decisions in Urban India
– Nagendra, Asha, Kaveri Khorana, Shobit Kumar and Swapnil Dutta                    46 – 50

Issues in Cluster Development for SMEs in Thailand – Amarjeet Mastana Singh   51 – 59

Impact of the Work-Life Balance on the Buying Behaviour of Working Mothers
at the Executive Level in Mandalay, Myanmar – Sandi Win                                       60 – 66

Book Reviews

Unequal Thailand: Aspects of Income, Wealth and Power – Pasuk Phongpaichit and Chris Baker by John Walsh                                                                                                      67 – 68

Gods of Metal – Eric Schlosser by John Walsh                                                           69 – 70

The Extreme Centre: A Warming – Tariq Ali by John Walsh                                   71 – 72

The full text will be available at the SIU library website and via the Global College International in Kathmandu shortly.

Call for Papers: Food Insecurity

In the wake of the SIU Research Centre’s successful cooperation with Deutsches Institut für Entwicklungspolitik (DIE), the SIU Journal of Management is planning a special issue of the journal on the theme of food insecurity.

Food security was defined by the Food and Agriculture Organization (FAO) of the United Nations (UN) as a situation in which all of the people of a country, all of the time, have access to sufficient safe and nutritious food to meet their dietary needs and which meets their food preferences for a healthy and active life (FAO, 1996). It does not matter whether the food is produced in the same country or not but it does mean that the country involved has sufficiently efficient distribution networks and market mechanisms to ensure that food reaches everybody when it is required (Pinstrup-Anderson, 2009).

Food insecurity, therefore, may be found in a country or area of land in which sufficient good quality food is not available for all people on a permanent or temporary basis. This may be for a number of reasons, including natural disaster, political or military disorder, famine or market failure.

Our project called for 200 questionnaires in each of four countries: Lao PDR, Myanmar, Thailand and Vietnam. Food insecurity was found at a higher level than might be expected, with more than 50% of the overall sample reporting insecurity at the least severe end of the scale. However, the prevalence of food insecurity tended to decline as the severity of items increased. These changes are quite strongly associated with (among respondents) low levels of education, low levels of income and lack of access to land. There are some country-level relationships which do not comply with the expected relationships.

Evidence from Thailand in particular shows that food insecurity remains an important urban phenomenon, despite it having been considered to have become overwhelmingly a rural phenomenon in recent years. However, various factors, including rural-urban migration and the policies adopted by the current Thai regime vis-à-vis working people have made precarity an increasingly obvious manifestation of economic change.

Now we would like to share our research findings and extend knowledge and understanidng of food insecurity in the Mekong Region and beyond. As part of this attempt, we would welcome submissions that cover relevant themes. Papers could consider any of the following, non-exclusive list of topics:

  • empirical studies of food insecurity, perhaps using the FIES questionnaire;
  • food insecurity and nation-building
  • food insecurity and precarious living
  • poverty eradication
  • the role of the private sector in economic development and poverty eradication
  • government and NGO-provided extension services
  • bringing subbsistence farmers into regional and international markets
  • the use of ICT in tackling food insecurity

Abstracts of approximately 2-300 words may be submitted at any time up to June 30th, 2017, while full papers of 4-7,000 words should be submitted by July 31st, 2017.

For any questions or additional information, please contact the editor,


Food and Agriculture Organization (FAO), Rome Declaration on World Food Security (1996), available at:

Pinstrup-Anderson, Per, “Food Security: Definition and Management,” Food Security, Vol.1, No.1 (2009), pp.5-7.

Journal of Shinawatra University, Vol.3, No.1 (Jan-Apr, 2016).

Announcing the Journal of Shinawatra University, Vol.3, No.1 (Jan-Apr, 2016).*

Table of Contents:

Editor’s Introduction 3
Invited Paper
White Charcoal (Bintochan) Production in Lao PDR – Nittana Southiseng and Santisouk Vilaychur 5
Peer Reviewed Papers
1. The Impact of Human Resource Information System (HRIS) on Human Resource Management (HRM) – Ujwal Kumar Bhattarai and Petcharat Lovichakorntikul 15
2. An Assessment of the IT Capabilities of the Thai Police Force – Chanya Pokasoowan and Tuaranin Khamrin 28

Book Reviews
Expulsions: Brutality and Complexity in the Global Economy by Saskia Sassen – John Walsh 51
The Use of Mao and the Chongqing Model by Joseph Y.S. Cheng, ed. – John Walsh 53
Against the Double Blackmail: Refugees, Terror and Other Troubles with the Neighbours by Slavoj Žižek – John Walsh 55
King John: Treachery, Tyranny and the Road to Magna Carta by Marc Morris – John Walsh 58
General Editorial Policies 61

Download the full issue JSIU 3.1t.

* Yes, it is 2016 and not 2017, owing to circumstances beyond my control. I’ll catch up with the regular schedule over the next few months.

SIU Journal of Management, Vol.6, No.2 (December, 2016)

Volume 6, Number 2, December, 2016

Download the full issue 6-2-full.


Editor’s Introduction 4 (6-2-editor)

1. The Future of the Ready-Made Garment Industry of Bangladesh – Mohammed S. Chowdhury, Zahurul Alam and Mohammed Mizanur Rahman (6-2-chowdhury)  7

2. Effectiveness of Collective Bargaining as a Tool for Industrial Disputes Resolution – Obadara, Olabanji E. (6-2-obadara)  34

3. Public Private Partnerships: a Study on the Power Sector of Bangladesh – Suman Dey, Md. Sahidur Rahman and Mouri Dey (6-2-dey)  53

4. An Empirical Study of Corporate Governance and Banks’ Performance in Vietnamese Commercial Banks – Nguyen Thi Hoai Thu, Pham Manh Hung and Thi Lan Anh (6-2-thu) 87

9th International Conference on Management, Finance and Entrepreneurship and the 8th International Conference on Global Business Environment, Shinawatra International University, Graduate Campus, Bangkok, July 23rd, 2016  (6-2-ifrd)  116

International Case Management Conference, 2016, BIMTECH, Greater Noida, India, December 1st-2nd, 2016 (6-2-icmc)  120

Food Insecurity Experience Workshop with Deutsches Institut für Entwicklungspolitik (DIE) (6-2-fies)  124

1. Piketty, Thomas, The Economics of Inequality – by John Walsh (6-2-piketty) 127
2. United Nations Economic Commission for Africa, Transformative Industrial Policy for Africa – by John Walsh  (6-2-uneca)  130
3. Heidegger, Martin, Nature History State 1933-1934 – by John Walsh (6-2-heidegger) 135

CALL FOR PAPERS                                    (6-2-cfp)            140
AUTHOR’S GUIDELINES                         (6-2-author)     142
ABOUT SHINAWATRA UNIVERSITY    (6-2-about)       145
EDITORIAL ADVISORY BOARD              (6-2-eab)           147

Seasonal Labour Migration from a Rural Nepalese Village


Announcing: Jha, Dilip Kumar and John Walsh, “Seasonal Labour Migration from a Rural Nepalese Village,” International Journal of Migration and Residential Mobility, Vol.1, No.3 (2016), pp.219-32, abstract available at:


The purpose of this paper is to explore the nature and extent of seasonal labour migration among a sample of villagers in Janakpur province of Nepal. Personal interviewing was combined with ethnographic observation with content analysis of the database of findings subsequently conducted. The system of migration is persistent rather than stable; work is available in natural resource extraction or processing facilities and urban environments. The former is easier to plan for than the latter, which can be risky and some migrants are unable to support themselves. The research is limited in both space and time and, owing to the lack of knowledge about the working practices of people in this area, can be considered to be exploratory in nature. It is shown that, under current circumstances, few benefits are yet flowing to the Nepalese village studied.

Keywords: seasonal labour migration; Nepalese villages; India; seasonal work; rural Nepal; ethnography; rural communities.

DOI: 10.1504/IJMRM.2016.10000391

Collaborative Provision of Graduate Education in CLMV: Case of Thailand’s Private Universities


Announcing: Sujarittanonta, Lavanchawee, kittichok Nithisathian and John Walsh, “Collaborative Provision of Graduate Education in CLMV: Case of Thailand’s Private Universities,” Journal of Educational and Vocational Research, Vol.7, No.2 (2016), pp.49-57, available at:


Education entails investments in time and money from the students and, therefore, the choices of degree programs and university names are critical for students and their future careers. The demand for foreign education in the CLMV (i.e. Cambodia, Lao PDR, Myanmar and Vietnam) market is fast expanding, especially for international graduate programs. Equipped with foreign degrees, the human resources of the host CLMV countries are ready for international jobs with international standards. This situation attracts investments by foreign universities to enter CLMV countries to offer degree programs, such as MBA, MPA and PhD. While Western universities are internationally recognized, the success of Asian universities operating within CLMV has not been studied. Consequently, this paper reports on research examining the success of Thai private universities that operate in CLMV countries, in particular Mynmar, which has only recently opened up to the world, as well as the developing prospects for Vietnam. Lao PDR and Cambodia. Data is collected through in-depth interviews of managers and students of international partner institutions of the host countries, through which Thai universities offer graduate degree programs. It is found that private Thai degree programs are welcomed in CLMV countries, while Thai degrees are favored over international Western degrees in terms of economic affordability and preferred over Chinese degree programs due to the socio-cultural perception that Chinese products are doubtful in quality. This is not surprising, considering that a 2014 study by the UNESCO Institute for Statistics (UIS) reported that among middle-income countries of Asia, Thailand and Malaysia lead the region when it comes to providing graduate education.
Keywords: Education, CLMV, private universities, quality