The impact on chinese economic growth and energy consumption of the Global Financial Crisis: An input–output analysis

Energy ◽  
2010 ◽  
Vol 35 (4) ◽  
pp. 1805-1812 ◽  
Author(s):  
Chaoqing Yuan ◽  
Sifeng Liu ◽  
Naiming Xie
2017 ◽  
Vol 4 (1) ◽  
pp. 13
Author(s):  
Tajerin Tajerin

Upaya pemerintah untuk meningkatkan konsumsi rumah tangga khususnya pada produk perikanan merupakan langkah penting dan strategis, terkait dengan peningkatan peran pasar dalam negeri dalam mengatasi tekanan krisis keuangan global yang sedang melanda Indonesia dewasa ini. Kajian bertujuan untuk menganalisis dampak peningkatan konsumsi rumah tangga pada produk perikanan terhadap perekonomian nasional. Kajian ini menggunakan data sekunder Tabel Input-Output 2005, Badan Pusat Statistik (BPS). Hasil analisis menunjukkan bahwa peningkatan konsumsi rumah tangga pada produk perikanan sebesar 11,54% akan berdampak meningkatkan output perekonomian sebesar Rp.10.031.490, pendapatan rumah tangga sebesar Rp.1.166.463 dan penyerapan tenaga kerja sebanyak 151.133 orang. Pemerintah hendaknya dapat mengimplementasi semua kebijakan dan program peningkatan konsumsi ikan dengan lebih sungguh-sungguh dan konsisten, sehingga konsumsi ikan per kapita per tahun dapat lebih ditingkatkan lagi. Di samping berdampak positif terhadap perekonomian, upaya peningkatan peran pasar domestik ini terkait dengan upaya untuk keluar dari tekanan krisis keuangan global. Tittle: Impact of the Increase in the Fisheries Product Consumption to National Economy.Increasing household consumption especially for fisheries sectors' product is an urgent and strategic government effort, since it is heavily linked to the goal of nullifying the threat of the recent global financial crisis through an effective role of domestic marketing. For that purpose, this research is aimed at analyzing the depth of the economic impact of raising household domestic consumption of fisheries sectors toward the Indonesian Economy, using Input Output analysis with secondary data (2005 I-O Table) acquired from BPS. Results showed that an 11.54 % raise in household consumption of fisheries sectors produce, could impact on a Rp. 10,031,490 increase in the total output, a Rp.1,166,463 increase in household income, and a 151,133 increase in new labor absorption. Thus, our government should implement every possible policy and program that increase fish consumption whole-heartedly and consistently, so that the annual per capita fish consumption could be pushed forward, since it is positively affecting the whole economy as well as it is importantly linked to the effort of getting out of the pressure of the global financial crisis.


2018 ◽  
Vol 56 ◽  
pp. 04002
Author(s):  
Muhammad Umar Draz ◽  
Fayyaz Ahmad

Economic growth of emerging Asian economies like China and India has been a topic of interest for researchers. However, most of the existing studies have focused on economic growth trends of China and India. The aim of this paper is to identify the core sectors of both economies and analyse the impact of the Asian financial crisis of 1997 and the global financial crisis of 2008 on the performance of those sectors. We also intend to explore the impact of the aforementioned financial crises on the overall economic growth of both nations. Our review consists of five years’ average and critical analysis of the existing studies to identify the key sectors of economy and to analyse the impact of financial crises. The results indicate that industry and service sectors are the highest contributors in the GDP of China and India respectively. We also found heterogeneous impact of financial crises on the key sectors of both nations’ economy.


2009 ◽  
Vol 38 (3) ◽  
pp. 165-181 ◽  
Author(s):  
Margot Schüller ◽  
Yun Schüler-Zhou

This contribution analyses the impact of the global financial crisis on the Chinese economy and the policies implemented by the Chinese government to cope with it. We argue, first, that China has not been able to decouple its economic performance from that of the U.S. and other developed countries. Second, although economic growth in the second quarter of 2009 showed that the stimulus package is working, the current development does not seem to be sustainable. In order to avoid another round of overheating, the government needs to adjust its stimulus policy. Third, the current crisis offers opportunities to conduct necessary structural adjustments in favour of more market-based and innovative industries, more investment by private companies and a stronger role of private consumption in economic growth. Fourth, with the external demand from the OECD countries declining, Chinese export companies need to further diversify their international markets and reorient their production and sales strategies to some extent towards the domestic market.


2020 ◽  
Vol 46 ◽  
Author(s):  
Victor Bulmer-Thomas

This article examines the Belizean economy since independence in 1981 (excluding the impact of the virus COVID-19). During this time there have been significant changes in structure, especially the increase in the importance of exports of services, while population has expanded rapidly due both to natural increases and net inward migration. Slow economic growth in the first two decades led to an experiment with debt-led growth that ended in failure. The years since the global financial crisis in 2008/9 have proved especially difficult as a result of the debt overhang, the erosion of preferences for commodity exports and the increase in corruption. Belize has therefore found itself in a low-level equilibrium debt trap from which it is hard to escape. The level of poverty unsurprisingly has become severe.


2017 ◽  
Vol 1 (1) ◽  
pp. 96-109
Author(s):  
Gisty Ajeng Septami ◽  
Pyan Putro Surya Amin Muchtar ◽  
Irfan Teguh Prima

East Java marine resources play important role as development assets and have  enormous opportunities for generating economic growth. The main potential includes  11 subsectors reinforced by the role of this province as a center of logistics and  connectivity of the Eastern Indonesia Region (KIT). Realizing such potential, both  central and local governments intensively attract investors to invest funds into the  maritime sector in East Java. The study also attempts to deliberate the impact of  investment in the maritime sector on the East Java economy in particular and  Indonesia in general. The impact includes economic growth, society’s welfare, and  employment. This study uses Input-Output Table of East Java Province 2008 published  by the Central Bureau of Statistics (BPS). The data is quantitatively employed to find  the linkage and impact multiplier of the investment. The results of this study indicate  that the investment in the maritime sector induces economic growth of East Java by  11%, which also rises people income and employment rate. With the contribution of  East Java to the national economy, which is about 15%, the investment will also  contribute to boost the national economy.


2021 ◽  
Vol 3 (1) ◽  
pp. 17-22
Author(s):  
Clarissa Esline Adirosa ◽  

This study is to investigate the direction of the relationship between inflation, population, and economic growth using vector analysis with a research period of 1995 to 2020 to investigate the impact of economic shocks on the validity of the classical theory in explaining economic phenomena starting from economic shocks to financial crises Asia in 1997, the global financial crisis in 2008 and the economic shocks caused by the pandemic in India. We find that economic shocks from the 1997 Asian financial crisis to economic shocks due to the COVID-19 pandemic have not been able to invalidate the classical theory as a theory that explains economic phenomena related to economic growth, inflation, and population growth in India.


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