A pandemic and economic slowdown: the case of India

2021 ◽  
pp. 1-17
Author(s):  
Manisha Chakrabarty ◽  
Subhankar Mukherjee
Keyword(s):  
Economic Slowdown

Lack of Credit in Albania; Who is to “Blame” Analyzing the Demand

2015 ◽  
Vol 3 (1) ◽  
pp. 122
Author(s):  
Eugen Musta ◽  
Elvin Meka
Keyword(s):  
Interest Rates ◽  
Small Sample ◽  
Economic Situation ◽  
Demand Side ◽  
Working Capital ◽  
Global Crisis ◽  
High Interest ◽  
Future Perceptions ◽  
Economic Slowdown ◽  
To Come

The last global crisis had it influence on Albanian economy as well. As the economy is still struggling to recover from the slowdown, a special attention is dedicated to lending which will in turn help investments pick up. Banks in Albania are currently flooding in excess deposits, but meanwhile the lending has hit its lowest score. What is refraining banks from lending? Is it really them to blame or maybe the demand is also part of the problem? Are businesses suffering from lack of funds to finance their activity or are they hesitating to invest and are waiting for better times to come along? The purpose of this study is to look into these questions and find the reasons behind them. This paper is focused on the demand side, analyzing some of the most important indicators influencing the demand for credit like enterprises growth, profits, planned investments, working capital needs, liquidity, etc. In order to get better understanding on the behavior of these variables the enterprises are divided in four groups by size criteria. The analysis is covering data for five-year timeframe, which is corresponding with the start of the economic slowdown. To help getting a prospect of the present and the future perceptions of the economic situation, a survey was conducted on a small sample of enterprises. This study comes to the conclusion that the demand for credit is growing, but what’s keeping businesses from applying for it, is mainly because of high interest rates and cost of credit, the study ends with some recommendations toward the solution.

COVID-19 may hit less resilient EU eastern areas more

2021 ◽  
Keyword(s):  
Significant Development ◽  
Content Type ◽  
Capital Cities ◽  
Left Behind ◽  
The Past ◽  
Standards Of Living ◽  
Slow Progress ◽  
Economic Slowdown ◽  
Clear Cases ◽  
The Impact

Significance At least in the EU’s eleven eastern member states (EU-11), there has been significant if slow progress in lifting standards of living across the board in the past decade. However, progress is uneven and the impact of the economic slowdown due to lockdowns in the past year may well have affected disproportionately already poorer regions. Impacts Some governments, notably Hungary’s, will put political loyalty above need in directing recovery funds to the localities. People in ‘left-behind’ regions may seek a better life in relatively prosperous capital cities or abroad. There is scope for countries and regions to learn from each other given clear cases of significant development in the past decade.

scholarly journals UPAYA PENCEGAHAN PEMUTUSAN HUBUNGAN KERJA PEKERJA DI SEKTOR FORMAL BERDASARKAN KEADAAN MEMAKSA PANDEMI COVID-19

2021 ◽  
Vol 7 (1) ◽  
pp. 139-161
Author(s):  
Steven Suprantio
Keyword(s):  
Public Health ◽  
Job Creation ◽  
Public Health Emergency ◽  
State Of Emergency ◽  
Business World ◽  
The Public ◽  
Economic Slowdown ◽  
The Government ◽  
Economic Necessity ◽  
Government Workers

The business world everywhere including those in Indonesia cannot but felt the brunt of economic slowdown caused by the public health emergency (the COVID 19 pandemic). Quite a few national and local businesses have had to close their operation and lay off all its employees. Although the consensus between the government, workers (individuals and unions) as well as employers is to prevent and avoid termination of employment at all costs, the Law No. 11 of 2020, re. Job Creation allows massive dismissal of employees due to economic necessity or state of emergency. This article shall critically examine how the prevailing law, Law No. 11 of 2020 re. Job Creation regulates termination of employment in case of state of emergency.  

scholarly journals Determinants of supply chain effectiveness during economic slowdown – anexploratory study of the Indian Textiles Cluster

2020 ◽  
Vol 71 (06) ◽  
pp. 519-529
Author(s):  
GURUMURTHY SUGANYA ◽  
SELVAKUMAR JOSHUA
Keyword(s):  
Supply Chain ◽  
Gross Domestic Product ◽  
Developing Nations ◽  
Supply Chain Network ◽  
Exploratory Research ◽  
Major Contributor ◽  
Key Factors ◽  
Model Case ◽  
Economic Slowdown ◽  
Case Based

This paper aims at studying the functioning of the supply chain in the garment cluster. It identifies key factors thatcontribute to the effective functioning of supply chain network and practices undertaken to can withstand adverseeconomic situations. Moreover, it was analysed the payment of dividends to the industry in terms of better businessperformance. This paper uses a case based exploratory research methodology, which aims to understand the causeand effect relationship between the variables influencing the supply chain network. A comprehensive literature reviewwas undertaken and logical reasoning was applied to propose the hypotheses and the conceptual model. Case studiesfrom various developing nations were considered and a wide variety of supply chain models have been carefully studiedto propose the constructs. This has led to the development of a model which is flexible to with stand economic crisis andat the same time effective and more robust enough to support the functioning of the various nodes in the garment supplychain network. This study to the best of author’s knowledge have not been undertaken in the garment cluster in adeveloping nation. The implications of this study is bound to give much needed support and leverage to the frail andunderperforming garment cluster which is a major contributor of Gross Domestic Product and employment generator forthe growing middle class in these developing nations

scholarly journals The Federal Democratic Republic of Ethiopia

2020 ◽  
Vol 20 (150) ◽  
Author(s):  
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Democratic Republic ◽  
Balance Of Payments ◽  
Vulnerable Groups ◽  
Fiscal Year ◽  
Fiscal Deficit ◽  
Economic Slowdown

Ethiopia is facing a pronounced economic slowdown and an urgent balance of payments need owing to the COVID-19 pandemic. The economy was growing robustly prior to the pandemic, and progress under the ECF-EFF arrangements was encouraging. The shock is expected to significantly reduce growth this fiscal year and next. It has already materially weakened external accounts as services exports, remittances, and foreign direct investment declined. The authorities are taking measures to combat the spread of the virus, mitigate its fallout, and support vulnerable groups. The fiscal deficit will have to expand temporarily to accommodate the additional spending.

scholarly journals UPAYA MELAWAN PANDEMI COVID-19 DI INDONESIA, STUDI KASUS FASILITAS KEPABEANAN DAN PERDAGANGAN INTERNASIONAL

2021 ◽  
Vol 2 (2) ◽  
pp. 165-173
Author(s):  
Marsanto Adi Nurcahyo ◽  
Ario Seno Nugroho
Keyword(s):  
Qualitative Research ◽  
International Trade ◽  
World Trade Organization ◽  
World Trade ◽  
Research Method ◽  
Secondary Data ◽  
Sharp Decline ◽  
Good Practices ◽  
The World ◽  
Economic Slowdown

The covid-19 pandemic has caused a global economic slowdown. Trade institutions and customs institutions provide facilities that are expected to encourage the economy not to fall into a sharp decline. The World Trade Organization (WTO) and the World Customs Organization (WCO) as world organizations that regulate the movement of goods between countries have also issued instructions for their member countries to deal with this pandemic situation. This study aims to determine how the implementation of customs facilities and international trade during this pandemic. The research method used is a qualitative research method with descriptive techniques. The data used in this study are secondary data such as reports, research, and guidelines. The results of the study show that Indonesia has implemented customs facilities and international trade during this pandemic. This is following the guidelines published by the WTO and WCO, which are world organizations related to international trade. Programs carried out by Indonesia are also carried out by other countries which are good practices in international trade activities. The implication of this research is to recommend the customs institution to continue to increase cooperation with other border agencies in the form of coordinated border management..   Pandemi covid-19 telah membuat perlambatan ekonomi secara global. Institusi perdagangan dan institusi kepabeanan memberikan fasilitas yang tujuannya diharapkan dapat mendorong perekonomian tidak jatuh dalam penurunan yang tajam. World Trade Organization (WTO) dan World Customs Oganization (WCO) selaku organisasi dunia yang mengatur pergerakan barang antar negara juga telah mengeluarkan petunjuk bagi negara anggotanya untuk menghadapi situasi pandemi ini. Penelitian ini bertujuan untuk mengetahui bagaimana implementasi fasilitas kepabeanan dan perdagangan internasional dalam masa pandemi ini. Metode penelitian yang dilakukan adalah metode penelitian kualitatif dengan teknik deskriptif. Data yang digunakan dalam penelitian ini adalah data sekunder seperti laporan, penelitian, dan buku petunjuk. Hasil dari penelitian menunjukkan bahwa Indonesia telah mengimplementasikan fasilitas kepabeanan dan perdagangan internasional selama masa pandemi ini. Hal tersebut sesuai dengan panduan yang diterbitkan oleh WTO dan WCO yang merupakan badan dunia terkait dengan perdagangan internasional. Program yang dilakukan Indonesia juga dilakukan oleh negara lain yang merupakan good practices pada kegiatan perdagangan internasional. Implikasi dari penelitian ini adalah merekomendasikan kepada institusi kepabeanan agar terus meningkatkan Kerjasama dengan badan perbatasan lainnya dalam bentuk coordinated border management.  

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