scholarly journals Economic Shock and Agri-Sector: Post-COVID-19 Scenario in India

2021 ◽  
Author(s):  
Hagera Dilnashin ◽  
Hareram Birla ◽  
Vishnu D. Rajput ◽  
Chetan Keswani ◽  
Surya P. Singh ◽  
...  
Keyword(s):  
Economic Shock

Austerity against the Homo Sovieticus

Focaal ◽  
2011 ◽  
Vol 2011 (59) ◽  
pp. 51-65
Author(s):  
Daiva Repečkait
Keyword(s):  
Public Discourse ◽  
Lower Class ◽  
Shock Therapy ◽  
Language And Culture ◽  
The Public ◽  
The Social ◽  
Class Background ◽  
The Media ◽  
Economic Shock ◽  
Homo Sovieticus

This article analyzes the public discourse on the riots of 16 January 2009, in Vilnius, when protest against economic shock therapy ended in violent clashes with the police. Politicians and the media were quick to ethnicize the riots, claiming an “involvement of foreign influences” and noting that the rioters had been predominantly “Russian-speaking.” Analyzing electronic and print media, the article identifies a wider tendency, particularly among middle-class Lithuanian youth, of portraying the social class consisting of “losers of the post-soviet transition” as aggressive and primitive Others. A pseudo-ethnicity that combines Rus sian language and culture with lower-class background into a notion of homo sovieticus comes to stand for what is hindering the “clean up” of Lithuania and middleclass aspirations to form a new European identity. As such, the riots serve as a lens that illuminates the way ethnicity is flexibly utilized to shift political loyalties.

Epidemics and Chinese firms' stock returns: is COVID-19 different?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Quang Thi Thieu Nguyen ◽  
Dao Le Trang Anh ◽  
Christopher Gan
Keyword(s):  
Stock Returns ◽  
Negative Impact ◽  
Stock Exchange ◽  
Market Performance ◽  
Disease Outbreaks ◽  
Stock Exchanges ◽  
Content Type ◽  
Event Study Method ◽  
Economic Shock ◽  
The Impact

PurposeThis study investigates the Chinese stocks' returns during different epidemic periods to assess their effects on firms' market performance.Design/methodology/approachThe study employs an event study method on more than 3,000 firms listed on Shanghai and Shenzhen stock exchanges during periods of SARS, H5N1, H7N9 and COVID-19FindingsEpidemics' effect on firms' stock returns is persistent up to 10 days after the event dates. Although the impact varies with types and development of the disease, most firms experience a negative impact of the epidemics. Among the epidemics, COVID-19 has the greatest impact, especially when it grows into a pandemic. The epidemics' impact is uneven across industries. In addition, B-shares and stocks listed on Shanghai Stock Exchange are more negatively influenced by the epidemic than A-shares and those listed on Shenzhen Stock Exchange.Research limitations/implicationsThe results of the study contribute to the limited literature on the effects of disease outbreaks as an economic shock on firm market performance. Given the possibility of other epidemics in the future, the study provides guidance for investors in designing an appropriate investing strategy to cope with the epidemic shocks to the market.Originality/valueThe research is novel in the way it compares and assesses the economic impact of different epidemics on firms and considers their impact at different development stages.

The Effect of COVID-19 as an Economic Shock on the Gender and Ethnic Gap in Labour Market Outcomes

2021 ◽  
pp. 232102222110464
Author(s):  
Stefani Milovanska-Farrington
Keyword(s):  
Labour Market ◽  
Ethnic Groups ◽  
Global Economy ◽  
Policy Decision ◽  
Jel Classification ◽  
Market Outcomes ◽  
The Usa ◽  
Economic Shock ◽  
Labour Market Outcomes ◽  
The Difference

With more than 29 million confirmed cases of COVID-19 in the USA and 119 million cases worldwide, the pandemic has affected companies, households and the global economy. We explore the effect of the economic shock which resulted from this specific health event on labour market outcomes, and the changes in labour market disparities between ethnic groups and genders. The results provide evidence of an adverse effect of COVID-19 on labour market outcomes of all demographic groups, a widening gap between the employment prospects of minorities and whites, but no change in the earnings gaps between ethnic groups. We also do not find a deterioration of the differentials between genders, except the increase in the difference in the duration of unemployment between women and men with children. The findings have implications related to the priorities of policy decision-makers when implementing policies to combat ethnic and gender gaps in the labour market. JEL Classification: J70, J71, J01, J15, J23

Adaptation Trajectories of Dismissed Workers: A Critical Case Study of the Lithuanian Radio-Electronics Sector

2021 ◽  
pp. 095001702110412
Author(s):  
Žilvinas Martinaitis ◽  
Audronė Sadauskaitė ◽  
Mariachiara Barzotto
Keyword(s):  
Older Workers ◽  
Critical Case ◽  
Structured Interviews ◽  
Sociology Of Work ◽  
High Quality ◽  
Skill Sets ◽  
Radio Electronics ◽  
Economic Shock ◽  
Critical Case Study

This article explores why some dismissed workers adapt successfully to the changing structure of an economy, while others remain trapped in low-quality jobs and experience deskilling. The associated case study relies on in-depth, semi-structured interviews with 50 former employees of four bankrupt radio-electronics factories in Lithuania. It is found that workers with ‘inherited’ skills that are deep and technical are able to enter high-quality jobs when new firms emerge, recombining the physical, financial and human assets of destitute factories for new productive uses. However, if such economic opportunities are scarce, workers with inherited broad skill sets are relatively more successful in transitioning to services from manufacturing. Further, in line with the literature of the sociology of work, women and older workers are found to face more acute challenges in adapting to the economic shock associated with dismissal.

Response to Economic Shock: The Impact of Recession on Rural–Urban Suicides in the United States

2018 ◽  
Vol 35 (2) ◽  
pp. 253-261 ◽  
Author(s):  
Danielle E. Carriere ◽  
Maria I. Marshall ◽  
James K. Binkley
Keyword(s):  
United States ◽  
The United States ◽  
Economic Shock ◽  
The Impact

scholarly journals The Financial Implications of the Coronavirus COVID-19 Pandemic: A Review

2021 ◽  
Vol 39 (68) ◽  
Author(s):  
Ilmir Nusratullin ◽  
Nikolay Mrochkovskiy ◽  
Raul Yarullin ◽  
Natalia Zamyatina ◽  
Oksana Solntseva
Keyword(s):  
Financial Markets ◽  
Government Regulation ◽  
Financial Sector ◽  
Developed Countries ◽  
Securities Markets ◽  
Bank Deposits ◽  
Economic Shock ◽  
Spread Of Infection ◽  
The Impact ◽  
Increased Pressure

The COVID-19 pandemic in 2020 was a real shock to the entire global community. It hit both the health systems of the infected countries and the economies. Border closures, quarantines for citizens and disruption of production caused economic shock to many organizations. First, the tourism and transport industry suffered, followed by agriculture and mining, and then all other industries. However, the economic crisis also caused some problems in the financial sector: increased risks of non-compliance with loans, cash outs of bank deposits, increased pressure on the insurance market, panic in commodity and securities markets. The purpose of this study is to examine the impact of COVID-19 on the financial system of developed countries. As part of this study, a review of scientific research in the field of pandemics and finances was conducted, how the spread of infection affected the economy, banking, financial markets, and government regulation in the financial sector as a whole.

scholarly journals Quantitative Easing In Overcoming the Crisis: Criticism ofQeinthe Monetary System Of Capitalism

2021 ◽  
Vol 12 (3) ◽  
pp. 3703-3714
Author(s):  
Aang Kunaifi Et.al
Keyword(s):  
Monetary Policy ◽  
Qualitative Approach ◽  
Research Approach ◽  
Quantitative Easing ◽  
Literature Study ◽  
Fiscal Stimulus ◽  
Monetary System ◽  
Economic Shock ◽  
The Impact ◽  
Alternative Solutions

This study aims to describe the form of Quantitative Easing applied by the Central Bank as well as qualitatively measure its benefits and excesses. To obtain a description and know the benefits and excesses in question, the research approach uses a qualitative approach by conducting a literature study of several facts and quantitative easing studies by Bank Indonesia and the Fed from various literature and media inductively relevant theories. This study's findings show that excesses can be detrimental to society, and countries that are shariah are harmful that should be avoided. This research is expected to encourage further research to determine the correlation of Quantitative Easing policy to the resolution of economic crisis and obtain alternative solutions by implementing the Islamic monetary system. The impact of the covid-19 pandemic that continues to this day causes economic shock, the slowing flow of goods commodities, decreased production, and decreased purchasing power of the community. Various policy efforts are carried out through fiscal stimulus as well as support through monetary policy in the form of quantitative easing.

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