scholarly journals The global distribution of COVID-19 vaccine: The role of macro-socioeconomics measures

2021 ◽  
Author(s):  
Ali Roghani ◽  
Samin Panahi
Keyword(s):  
Clinical Trials ◽  
Gross Domestic Product ◽  
Human Development Index ◽  
Political System ◽  
Gdp Per Capita ◽  
Health Infrastructure ◽  
Successful Vaccine ◽  
Per Capita ◽  
Vaccine Distribution

AbstractSince coronavirus disease 2019 (covid-19) has continued to spread globally, many countries have progressed clinical trials and started vaccinations at the end of December 2020. This report aims to analyze the association of COVID-19 vaccine distribution and two macro-socioeconomics measures, including human development index (HDI) and Gross domestic product (GDP), among 25 countries till the first week of February 2021. Our results indicate that a higher GDP per Capita is positively associated with higher COVID-19 vaccine distribution. However, UAE and Israel have more successful vaccine distribution outcomes regardless of their GDP. In addition, the result shows HDI does not have a significant relationship with vaccine distribution. Although these macro-socioeconomic measures may be counted as a vital indicator for vaccine distribution, other factors may play roles in vaccine distribution, including well-developed health infrastructure, a centralized political system, and population size.

scholarly journals Government Spending, Gross Domestic Product, Human Development Index (Evidence from East Java Province)

2020 ◽  
Author(s):  
Farida Rahmawati ◽  
Meirna Nur Intan
Keyword(s):  
Local Government ◽  
Gross Domestic Product ◽  
Human Development ◽  
Government Spending ◽  
Human Development Index ◽  
Capita Income ◽  
Gdp Per Capita ◽  
Domestic Product ◽  
Development Index ◽  
Per Capita

Government spending is expected to improve the Human Development Index (HDI) in order to increase public welfare. Theoretically, if the number of government expenditure is increasing then the Human Development Index (HDI) will be higher as well. Based on earlier research, it was found few differences about the result of influence Government spending to Human Index. The purpose of the study was to analyze the influence of government spending and Gross Domestic Product to the Human Development Index of East Java Province (during 2014-2017). The research method using descriptive quantitative approach. Local government expenditures were analyzed by direct local government spending by looking at three aspects namely employees expenditure, spending on goods and services, and capital expenditures. Whereas, for the GDP per capita income is analyzed based on three aspects: production, income, and expenditure. Then the human development index to see the effects of these two variables based on three dimensions that exist in the human development index healthiness dimensions, dimensions of knowledge, and economic dimensions. The results showed that the local government spending income and the GDP per capita income has a significant effect on the human development index. Government spending has a significant influence on the educational dimension, while GDP per capita has a significant effect on the purchasing power of people thus affecting the economic dimension. Keywords: Government spending, Gross Domestic Product, Human Development Index

scholarly journals GREEN ECONOMY AND ACCESS TO FINANCE IN GEORGIA (GOING BEYOND THE COMMERCIAL BANKING SECTOR TO FINANCE BUSINESSES IN GEORGIA)

2019 ◽  
Vol 4 (7) ◽  
pp. 87-95
Author(s):  
DAVID ASLANISHVILI
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Capital Markets ◽  
Commercial Banks ◽  
Clean Energy ◽  
Gdp Per Capita ◽  
Domestic Product ◽  
The World ◽  
Per Capita

This research will explore other possible financial vehicles that go beyond traditional sources of private capital offered by commercial banks. It will look at international experience and the opportunities to use public support, green bonds to raise green finance as well as the work of energy service companies (ESCOs) to finance green investments. We have offered our view of what should be done in fact (not in paper in Georgia as it has been in the past 15 years) to change the situation and end the negative and harmful monopoly of the commercial banks and the National Bank of Georgia and to have in place the two independent sources to attract and invest resources in Georgia. This will increase the capitalization of the country and is a proven way to eradicate the country›s lagging and accelerate economic growth. Why should we focus on this issue? 1. According to WHO›s latest data, over 7 million people die each year because of breathing air with solid particles, and one of its main pollutants is vehicles. (Cereceda Rafael, Cuddy Alice. 2018.....) 2. Georgia’s Capital - Tbilisi - is occupying the 3rd place in the light of air pollution, 3. Due to the critical situation, the public demand to live in a clean ecological environment, day by day increases. In our research the following Questions are discussed and overviewed: • Is it important to act on the issues of Georgia›s position on the global scale? • What unique components can be used to prolong the average life of people? • What investors do the country need for building ecoprojects and their realization? • What type of ecofriendly technologies can be developed for potential customers in Georgia? In that field we have studied the following: • The links between economic growth, green growth (e.g. clean energy), high living standards and capital markets; • Why the Commercial Banks are the main and the only source of finance for green (and not only) investments in Georgia; • Situation on capital markets of Georgia (stock and bond markets) - as an indicator of economic growth and an alternative source of financing; • Possible benefits of non-bank financing, including for clean energy projects and the SME sector (e.g. small hydro, energy efficiency); • The role of government in supporting capital market development; • The role of international community (donors, IFIs, international organization) to support Georgia’s efforts to develop capital markets Georgia – Recent level of development To illustrate the wide gap between the developed economy and the weak one, let us compare the current level of per capita GDP of Switzerland, Hungary, Poland to Georgian one (source: https://tradingeconomics.com/switzerland/gdpper-capita; https://tradingeconomics.com/poland/gdp-percapita; https://tradingeconomics.com/hungary/gdp-per-capita; https://tradingeconomics.com/georgia/gdp-per-capita); • The Gross Domestic Product per capita in Switzerland was last recorded at 76667.44 US dollars in 2017. The GDP per Capita in Switzerland is equivalent to 607 percent of the world›s average. • The Gross Domestic Product per capita in Hungary was last recorded at 15647.85 US dollars in 2017. The GDP per Capita in Hungary is equivalent to 124 percent of the world›s average. • The Gross Domestic Product per capita in Poland was last recorded at 15751.23 US dollars in 2017. The GDP per Capita in Poland is equivalent to 125 percent of the world›s average. • The Gross Domestic Product per capita in Georgia was last recorded at 4290.17 US dollars in 2017).The GDP per Capita in Georgia is equivalent to 34 percent of the world›s average.

scholarly journals The relationship between macro-socioeconomics determinants and COVID-19 vaccine distribution

2021 ◽  
Vol 8 (4) ◽  
pp. 655-664
Author(s):  
Ali Roghani ◽  
Keyword(s):  
Gross Domestic Product ◽  
Human Development ◽  
Human Development Index ◽  
Ordinary Least Squares ◽  
Domestic Product ◽  
Development Index ◽  
Successful Vaccine ◽  
Vaccine Distribution ◽  
The Relationship ◽  
Over Time

<abstract> <p>Since coronavirus disease 2019 (COVID-19) has continued to spread globally, many countries have started vaccinations at the end of December 2020. This research examines the relationship between COVID-19 vaccine distribution and two macro-socioeconomics measures, including human development index and gross domestic product, among 25 countries for two points in time, including February and August 2021. The COVID-19 dataset is a collection of the COVID-19 data maintained by Our World in Data. It is a daily updated dataset and includes confirmed cases, vaccinations, deaths, and testing data. Ordinary Least Squares was applied to examine how macro-socioeconomic measures predict the distribution of the COVID-19 vaccine over time.</p> <sec> <title>Results</title> <p>The results indicate that a higher gross domestic product per capita is positively associated with higher COVID-19 vaccine distribution, and this relationship becomes more robust over time. However, some countries may have more successful vaccine distribution results regardless of their gross domestic product. In addition, the result shows human development index does not have a significant relationship with vaccine distribution.</p> </sec><sec> <title>Conclusion</title> <p>Economic measures may be counted as a more vital indicator for vaccine distribution as they have a more direct relationship distribution with health infrastructure than social measures such as human development index.</p> </sec></abstract>

scholarly journals THE CORRELATION OF THE HUMAN DEVELOPMENT INDEX (HDI) TOWARDS ECONOMIC GROWTH (GDP PER CAPITA) IN 10 ASEAN MEMBER COUNTRIES

2018 ◽  
Vol 2 (2) ◽  
pp. 40-46
Author(s):  
Elistia Elistia ◽  
Barlia Annis Syahzuni
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Human Development ◽  
Human Development Index ◽  
Gdp Per Capita ◽  
Domestic Product ◽  
Development Index ◽  
Asean Member ◽  
Brunei Darussalam ◽  
Per Capita

Economic growth is an important factor in the economic development of a country. There is a number of factors that can increase economic growth namely human development. The level of human development in a country array in the value of the Human Development Index (HDI). The growth rate of a country appears in the value of the Gross Domestic Product (GDP) per Capita. The influence of human power resources is shown in the value of HDI which is able to influence the level of economic growth in the value of its GDP. This study will examine the effect of HDI on economic growth in 10 (ten) ASEAN member countries during the period 2010-2016, namely Indonesia, Singapore, Malaysia, Thailand, Brunei Darussalam, Philippines, Laos, Vietnam, Myanmar, and Cambodia against its economic growth in its GDP per capita. Several literature studies such Ciobanu Oana (2015), Swaha Shome et.al (2010), Mihu? Loana Sorina (2013), show that there are a relationship and an influence of Human Development Index's value on Gross Domestic Product (GDP) per capita. The result of this research indicates that each country has a strong and significant correlation between HDI and GDP. It is concluded that the level of HDI can affect the GDP per capita. Economic growth makes it possible to reach a high level of human development, on the one hand, increasing levels of human development leading to increase opportunities for economic growth. The causal relationship between economic growth and human development becomes a mutually influential relationship. So it is clear that the human development in the country relates to an influence of economic growth which is seen in per capita income (GDP per capita) which can be an indicator of welfare in the country.

scholarly journals Topics in National Anthems

2020 ◽  
Vol 20 (2) ◽  
pp. 288
Author(s):  
Radu Silaghi-Dumitrescu
Keyword(s):  
Gross Domestic Product ◽  
Human Development Index ◽  
Armed Forces ◽  
Well Being ◽  
Gdp Per Capita ◽  
World Values Survey ◽  
Anecdotal Evidence ◽  
The World ◽  
Per Capita ◽  
Work Attachment

<p><em>National anthems are occasionally quoted, mostly based on anecdotal evidence or arguments, to be correlated with societal features. The present study aims to identify the pervasive topics in national anthems, and then to establish whether connections may be established between these topics and some basic societal features. Upon examination of ~200 anthems, such recurring themes were identified: ancestry/past, beauty, build/work, country name, courage, democracy, enemy, ethnicity, family, man, woman, fight, flag/colours, forever/never, future, geographical references, glory, independence/freedom, joy/happiness, home/mother/father-land, law/governance, leader, love, loyalty, peace, poverty/wealth, pride, religion, revolution, sacred, sacrifice, salvation, sorrow, treason, tyrant/chains, unity, win/victory. The number of topics, as well as their bias (e.g., towards identity, or towards fight, or towards general well-being), vary widely between anthems; groups of anthems may be identified based on these tendencies. Moreover, the number of topics, their bias, and/or the date of adoption can be proven to correlate to some extent to more general societal features such as date of adoption, age of country, gross domestic product (GDP) per capita, Gini coefficient, size of armed forces, inequality, inequality-adjusted human development index, and a number of parameters from the World Values Survey (WVS) database (related to religion, gender equality, attitude towards other nationalities/races, attitude towards work, attachment to democratic values etc). This set of data and the herein identified correlations may offer grounds for further, more detailed exploration of a variety of correlations between societal features and official narratives, starting with the national anthems as prime example.</em></p><p><br /><em></em></p>

Fraud abroad

2019 ◽  
Vol 13 (2) ◽  
pp. 249-275
Author(s):  
Jake David Hoskins ◽  
Ryan Leick
Keyword(s):  
Sharing Economy ◽  
Gdp Per Capita ◽  
Content Type ◽  
Customer Reviews ◽  
Online Customer Reviews ◽  
Level Of Economic Development ◽  
Per Capita ◽  
Using Data ◽  
Developed Nations

Purpose This study aims to investigate a sharing economy context, where vacation rental units that are owned and operated by individuals throughout the world are rented out through a common website: vrbo.com. It is posited that gross domestic product (GDP) per capita, a common indicator of the level of economic development of a nation, will impact the likelihood that prospective travelers will choose to book accommodations in the sharing economy channel (vs traditional hotels). The role of online customer reviews in this process is investigated as well, building upon a significant body of extant research which shows their level of customer decision influence. Design/methodology/approach An empirical analysis is conducted using data from the website Vacation Rentals By Owner on 1,940 rental listings across 97 countries. Findings GDP per capita serves as risk deterrent to prospective travelers, making the sharing economy an acceptable alternative to traditional hotels for the average traveler. It is also found that the total number of online customer reviews (OCR volume) is a signal of popularity to prospective travelers, while the average star rating of those online customer reviews (OCR valence) is instead a signal of accommodation quality. Originality/value This study adds to a growing agenda of research investigating the effect of online customer reviews on consumer decisions, with a particularly focus on the burgeoning sharing economy. The findings help to explain when the sharing economy may serve as a stronger disruptive threat to incumbent offerings. It also provides the following key insights for managers: sharing economy rental units in developed nations are more successful in driving booking activity, managers should look to promote volume of online customer reviews and positive online customer reviews are particularly influential for sharing economy rental booking rates in less developed nations.

The role of EU cohesion policy in promoting smart and sustainable competitiveness in the regions of the Visegrad countries

2018 ◽  
Vol 11 (3) ◽  
pp. 325-341 ◽  
Author(s):  
Malgorzata Dziembala
Keyword(s):  
Three Dimensions ◽  
Inclusive Development ◽  
Gdp Per Capita ◽  
Cohesion Policy ◽  
Content Type ◽  
Per Capita ◽  
Visegrad Group ◽  
Visegrád Countries ◽  
Diagnostic Variables

Purpose This paper aims to analyse the competitiveness of the regions of the Visegrad countries (Czechia, Hungary, Poland and Slovakia) with respect to their sustainability and discuss the role of the EU cohesion policy in promoting regional competitiveness in this dimension. Design/methodology/approach The sustainable competitiveness of Visegrad Group countries was analysed with the use of a taxonomic method, to determine the regions with the highest, middle and low level of the sustainable development (competitiveness). The level of sustainable competitiveness of the Visegrad regions was indicated based on the author’s own set of diagnostic variables which define three dimensions of sustainability. Findings The analysis revealed that the regions of the Visegrad Group countries with high GDP per capita are not necessarily ranked high in terms of sustainable competitiveness. The obtained results confirm the assumption that traditional indicators such as GDP per capita do not capture all aspects of social and environmental sustainability. Thus, the cohesion policy in the Visegrad Group countries should be diversified and adjusted to the special needs of the regions with particular emphasis being laid on sustainability dimension and the level of their economic development. When identifying the directions of support under the cohesion policy, special attention should be paid to the development of modern technologies, including information and communication technology (ICT), that facilitate the transformation of regions towards the smart regions path. Research limitations/implications Because of the data availability, it covers only one year, 2014, where it was possible. Further investigation should focus on the comparison of the changes over a certain period and changes that took place in the ranking. In addition, a detailed analysis of the regions with regard to their development of the “sustainable path” should be considered. It is essential to support less developed regions in the field of the sustainable and inclusive development through cohesion policy which is supported in 2014-2020. However, it is also important to promote the ICT investment in the lagging regions. Practical implications The analysed 35 regions of the Visegrad countries were ranked according to their level of sustainable competitiveness. The three groups of regions were distinguished. The first place in the ranking was occupied by the region which recorded the highest value of the TMC – a taxonomic measure of sustainable competitiveness and the last region – it is the region with the lowest value of the TMC. Originality/value The paper discusses the concept of sustainable competitiveness of regions. The level of sustainable competitiveness of the Visegrad regions was indicated based on the own set of diagnostic variables which define three dimensions of sustainability. The paper makes a contribution to the discussion on the regional smart and sustainable competitiveness and the role of EU cohesion policy in supporting the sustainable competitiveness.

scholarly journals FEATURES OF DEVELOPMENT OF TOURISM IN GEORGIA AS AN INDUSTRY CONTRIBUTING TO ECONOMIC GROWTH OF THE COUNTRY

2019 ◽  
Vol 29 (2) ◽  
pp. 279-289
Author(s):  
L.V. Detochenko
Keyword(s):  
Economic Growth ◽  
Gross Domestic Product ◽  
Tourism Industry ◽  
Gdp Per Capita ◽  
Tourist Destinations ◽  
Transport Component ◽  
Tourist Flows ◽  
Per Capita ◽  
The Republic

The role and place of the tourism industry in the economic complex of Georgia are considered; the conclusion is made about the “tourist miracle” taking place in the country, which is a factor of the economic growth of the republic. The differences between the concepts of “foreign visitors” and “foreign tourists” are presented. The increase in the contribution of the tourism industry and related industries involved in the tourism industry in the creation of the gross domestic product of the country, its impact on the growth of the Georgian budget and GDP per capita, the average monthly wage is shown. The conclusion about the need to increase the share of medium and long-term tourists among foreign visitors and tourists in the country is justified. The problems of the return of tourists, the long-term stay in Georgia, the differences of the countries-generators of tourist flows by these indicators have been studied. The changes in work and the prospects of various types of transport for the delivery of tourists to Georgia are analyzed, the measures to improve the tourist transport component are proposed. The correlation between the number of tourist arrivals and the average cost of tourists visiting Georgia from different countries is shown and the economic profitability of attracting Russian tourists, capable of filling all the tourist destinations of the country, contributing to the “tourist miracle” of Georgia is considered.

scholarly journals Export Contribution of Micro, Small and Medium Enterprises to GDP Per capita in Indonesia

2021 ◽  
Vol 4 (3) ◽  
pp. p11
Author(s):  
Deddy Tri Harjanto ◽  
Cicih Ratnasih ◽  
Yolanda Yolanda
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Research Method ◽  
Inverse Relationship ◽  
Small And Medium Enterprises ◽  
Gdp Per Capita ◽  
Negative Effect ◽  
Per Capita ◽  
The Exchange Rate ◽  
Medium Enterprises

This study will determine how much the influence of the exchange rate, the number of MSMEs, investment, credit, and inflation on MSME exports nationally, and how they contribute to GDP per capita. The research method uses multiple regression with data transformation ln. The results of the study consist of model 1, the exchange rate factor, the number of MSMEs, investment, credit, and inflation are variables that influence increasing the number of product exports produced from the MSME sector. In the second model, the contribution of MSME exports to GDP per capita. The results showed that of all significant positive variables and one significant negative variable. The investment required in Indonesia, whose number continues to increase yearly, affects the high number of products exports from the MSME sector. For this reason, investment factors must continue to be considered to increase MSME exports. In contrast, the contribution of the inflation variable has a significant negative effect, which is an inverse relationship to MSME exports. It is predicted that if inflation is low, MSME exports will increase, and vice versa if inflation is high, MSME exports will decline. Furthermore, model 2 shows that MSME exports significantly contribute to gross domestic product per capita. In this case, the ups and downs of Micro, Small, and Medium Enterprises' exports need special attention.

The Loan Shark in ASEAN

2020 ◽  
pp. 252-277
Author(s):  
Khairunnisa Musari
Keyword(s):  
Gross Domestic Product ◽  
Capita Income ◽  
Southeast Asian ◽  
Gdp Per Capita ◽  
Domestic Product ◽  
Per Capita Income ◽  
The World ◽  
Per Capita ◽  
Asean Countries ◽  
Loan Shark

Loan shark is a humanitarian problem faced by many countries in the world, including in Asia, even in the Association of Southeast Asian Nations (ASEAN)'s countries. Loan shark activities are found not only in Myanmar and Cambodia, which has the lowest per capita income in ASEAN but also in Indonesia, Thailand, Malaysia, Brunei, and even Singapore, which are the five countries with the highest gross domestic product (GDP) per capita in ASEAN. How are loan shark practices in ASEAN countries? Can nanofinance overcome the microfinance gap to fight the loan shark? How the practice of Bank Wakaf Mikro (BWM) in Indonesia to nanofinance with qardhul hassan contract? Find the answers in this chapter.

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