International Variations in the Benefits of Feasible Diversification Strategies

2015 ◽  
Vol 18 (04) ◽  
pp. 1550022 ◽  
Author(s):  
Wan-Jiun Paul Chiou ◽  
Vigdis W Boasson
Keyword(s):  
South Asia ◽  
Home Bias ◽  
Developed Countries ◽  
Portfolio Diversification ◽  
Short Sales ◽  
International Investments ◽  
Wealth Management ◽  
Diversification Strategies ◽  
The World ◽  
The Impact

We examine the international variations in portfolio diversification benefits from an angle of global wealth management. We directly model the impact of widely observed phenomenon, home bias and no short-sales, on international investments with the aim to establish feasible diversification strategies and to identify which countries and/or regions are target markets for wealth management. Our results indicate that investors in less developed countries, particularly in East Asia and South Asia, reap greater benefits from international diversification than investors in the rest of the world. These benefits are particularly noticeable in volatility reduction. Our results reveal important insights for global wealth management.

EXPERIENCE OF DEVELOPED COUNTRIES OF THE WORLD ON REGULATION OF SPORTS AND HEALTH SPHERE AND PROMOTION OF ITS DEVELOPMENT

2021 ◽  
Vol 9 (1) ◽  
pp. 91-100
Author(s):  
Serhii Tsymbaliuk
Keyword(s):  
Comparative Analysis ◽  
Developed Countries ◽  
Scientific Basis ◽  
Organizational Models ◽  
Economic Role ◽  
The World ◽  
New Challenges ◽  
Developed World ◽  
The Impact

The purpose of the article is to study the experience of developed countries in the regulation of sports and health in order to stimulate its development and adaptation to new challenges and threats. In the course of the research the methods of theoretical and comparative analysis were used to reveal the peculiarities of the American and European models of sports and health man-agement; statistical and graphical - to determine the economic role and trends in the sports and health industry in the world, the impact of the pandemic on income from sports. The article develops organizational and economic approaches to intensify the development of sports and recreation. Certain features of organizational models of management, sports legislation, financ-ing, possible tools to stimulate the development of sports and health in the developed world form a scientific basis for substantiating ways to intensify this area.

Impact of COVID-19 pandemic on community lifelines

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Naeem Abas ◽  
Esmat Kalair ◽  
Saad Dilshad ◽  
Nasrullah Khan
Keyword(s):  
Natural Disasters ◽  
Health Sector ◽  
Ghg Emissions ◽  
Developed Countries ◽  
World Population ◽  
Water Safety ◽  
Content Type ◽  
Essential Services ◽  
The World ◽  
The Impact

PurposeThe authors present the impact of the coronavirus disease 2019 (COVID-19) pandemic on community lifelines. The state machinery has several departments to secure essential lifelines during disasters and epidemics. Many countries have formed national disaster management authorities to deal with manmade and natural disasters. Typical lifelines include food, water, safety and security, continuity of services, medicines and healthcare equipment, gas, oil and electricity supplies, telecommunication services, transportation means and education system. Supply chain systems are often affected by disasters, which should have alternative sources and routes. Doctors, nurses and medics are front-line soldiers against diseases during pandemics.Design/methodology/approachThe COVID-19 pandemic has revealed how much we all are connected yet unprepared for natural disasters. Political leaders prioritize infrastructures, education but overlook the health sector. During the recent pandemic, developed countries faced more mortalities, fatalities and casualties than developing countries. This work surveys the impact of the COVID-19 pandemic on health, energy, environment, industry, education and food supply lines.FindingsThe COVID-19 pandemic caused 7% reductions in greenhouse gas (GHG) emissions during global lockdowns. In addition, COVID-19 has affected social fabric, behaviors, cultures and official routines. Around 2.84 bn doses have been administrated, with approximately 806 m people (10.3% of the world population) are fully vaccinated around the world to date. Most developed vaccines are being evaluated for new variants like alpha, beta, gamma, epsilons and delta first detected in the UK, South Africa, Brazil, USA and India. The COVID-19 pandemic has affected all sectors in society, yet this paper critically reviews the impact of COVID-19 on health and energy lifelines.Practical implicationsThis paper critically reviews the health and energy lifelines during pandemic COVID-19 and explains how these essential services were interrupted.Originality/valueThis paper critically reviews the health and energy lifelines during pandemic COVID-19 and explains how these essential services were interrupted.

scholarly journals Globalization, Knowledge Economy and the implication for Indigenous Knowledge

2007 ◽  
Vol 7 ◽  
pp. 55-62
Author(s):  
Kgomotso H Moahi
Keyword(s):  
Indigenous Knowledge ◽  
Knowledge Economy ◽  
Political Power ◽  
Developed Countries ◽  
Public Domain ◽  
The Public ◽  
The World ◽  
The Developed Countries ◽  
The Impact ◽  
Flow Of Information

This paper considers the impact that globalization and the knowledge economy have on the protection and promotion of indigenous knowledge. It is asserted that globalization and the knowledge economy have opened up the world and facilitated the flow of information and knowledge. However, the flow of knowledge has been governed by uneven economic and political power between the developed countries and the devel-oping countries. This has a number of ramifications for IK. The dilemma faced is that whichever method is taken to protect IK (IPR regimes, documenting IK etc) exposes IK to some misappropriation. Protecting it through IPR is also fraught with problems. Documenting IK exposes IK to the public domain and makes it that much easier to be misused. However, not protecting IK runs the danger of having it disappear as the custodians holding it die off, or as communities become swamped by the effects of globalization. The conclu-sion therefore is that governments have to take more interest in protecting, promoting and using IK than they have been doing.

Indian Multinational Firms

2020 ◽  
pp. 200-204
Author(s):  
Murali Patibandla
Keyword(s):  
Human Capital ◽  
Multinational Firms ◽  
Developed Countries ◽  
World Market ◽  
Emerging Economy ◽  
International Investments ◽  
Strategic Resources ◽  
Skilled Manpower ◽  
The World ◽  
World Class

An important phenomena in recent years is the entry of emerging economy multinational firms on the global stage with important implications on the structure. These countries are China, South Korea, Brazil, Argentina, and India. In the Post-reforms era domestic market has become very competitive, driving Indian companies to acquire world class standards in technology and organization. A consequence of this is several large Indian firms investing oversea markets especially developed countries with both green field ventures and cross-border acquisitions. India’s endowment of largescale skilled manpower (human capital) provided comparative advantage both for exports and international investments. One of the underlying factors for Indian corporations (generally emerging economy multinational firms) investing in developed countries is to develop linkages with the world market in order to leverage strategic resources that in turn promote learning within the firm.

Values as an Obstacle to Economic Growth in South Asia: An Historical Survey

1967 ◽  
Vol 27 (4) ◽  
pp. 588-607 ◽  
Author(s):  
Morris David Morris
Keyword(s):  
Economic Growth ◽  
South Asia ◽  
Economic Performance ◽  
Western Europe ◽  
Developed Countries ◽  
Economic Organization ◽  
Historical Survey ◽  
Value System ◽  
The World ◽  
And Performance

There are two widely held explanations for South Asia's failure to attain the level of economic performance achieved by the now developed countries of the world: One is that British imperial policy frustrated economic growth after 1750; the other is that the Indian value system and die social structure that reflected that value system were obstacles to economic growth. It is worthy of note that both interpretations tend to visualize pre-1750 South Asia at a level of economic organization and performance at least equal to that of western Europe in 1750, with the economic gap appearing only subsequently.

On the Brain Drain of Africans to America: Some Methodological Observations

2006 ◽  
Vol 5 (3) ◽  
pp. 155-162 ◽  
Author(s):  
F. Nii-Amoo Dodoo ◽  
Baffour Takyi ◽  
Jesse Mann
Keyword(s):  
Human Capital ◽  
World Bank ◽  
Brain Drain ◽  
Developed Countries ◽  
Accounting System ◽  
The World Bank ◽  
The World ◽  
Relative Comparisons ◽  
The Impact ◽  
The Brain

AbstractRecurring debates about the impact of the brain drain— the developing world's loss of human capital to more developed countries—has motivated estimation of the magnitude of the phenomenon, most recently by the World Bank. Although frequently cited as a key contributor to Africa's wanting development record, what constitutes the "brain-drain" is not always clearly defined. Today, in the absence of an accounting system, resolution of the definitional and measurement question depends on relative comparisons of measurement variants, which will identify definitional shortcomings by clarifying the merits and demerits of these variants, and thereby suggest corrective imputations. This paper compares the World Bank's approach to a chronological precedent (Dodoo 1997) to clarify the value of variant comparisons. The resultant implications for corrections are also discussed.

The effects of status on the performance of portfolio diversification strategies

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Hye-Kyung Yu ◽  
Tohyun Kim
Keyword(s):  
Fixed Effects ◽  
Portfolio Diversification ◽  
High Status ◽  
Investment Strategies ◽  
Success Rates ◽  
Diversification Strategy ◽  
Content Type ◽  
Diversification Strategies ◽  
Venture Capital Firms ◽  
The Impact

PurposeThis paper investigates how a firm's status moderates the performance of its investment portfolio diversification strategy. We combine the investment diversification literature with the organizational status theory, arguing that status would weaken the benefits of a specialist strategy in their niche industry of investments while strengthening the positive consequences of a generalist strategy across various industries.Design/methodology/approachWe collected our data using the Securities Data Company (SDC) Platinum VentureXpert database. A fixed-effects spline regression analysis for 2,201 US venture capital firms between 1969 and 2016 was used to test for a nonlinear relationship between the level of portfolio diversification and firm performance.FindingsWe found that status differences exist in the performance of a specialist strategy but not in that of a generalist strategy. Our results indicate that portfolio specialization in fewer number of industries has little impact on low-status firms, whereas high-status firms suffer significantly lower IPO success rates. In contrast, above-median portfolio diversification was found to be beneficial to both high- and low-status firms.Originality/valueWe specifically identify the impact of status on the performance of investment diversification strategies, an area of research which has received little attention. Further, our findings provide some practical implications for managers making investment decisions between specialist and generalist investment strategies, given their status within the market. Implications for understanding the roles of firm status in portfolio diversification strategies are discussed.

scholarly journals The Importance of Nepotym and Corruption Management in Institutions and the Economy of the Country

2017 ◽  
Vol 6 (2) ◽  
pp. 133
Author(s):  
Driton Fetahu
Keyword(s):  
Good Governance ◽  
Developed Countries ◽  
Influential Factors ◽  
Transparency International ◽  
The People ◽  
The World ◽  
International Report ◽  
Private And Public ◽  
Close Relatives ◽  
The Impact

: Social, political and institutional factors play a major role in the country's economic development and economic growth in developing and developed countries. Corruption, which is a symptom of deep institutional weaknesses, is one of the factors responsible for reducing investment and spending (for education and health), increasing income inequality, decreasing foreign direct investment, and allocating resources. It tends to grow faster than the dynamics implemented to neutralize it. Systematically, it has caused many disturbing problems in all countries of the world. Based on a Transparency International report. Corruption is one of the greatest contemporary challenges of the world. It determines good governance, leads to inefficient resource allocation, disrupts the private and public sector, and often affects the poor. The people in the world carry the phenomena that society has so far encountered but has neglected. Nepotism usually means hiring close relatives, close friends, regardless of their merits and abilities. While corruption poses a permanent threat to both the economic system and the country's legal system. The purpose of this paper is; To assess the factors that have influenced the appearance and development of nepotism and corruption. Then, analyze the influence of nepotism and corruption in the country's economy. The impact of nepotism on employment and the advancement of relatives in the important sector of the country as well as the influence of corruption and nepotism in justice institutions. The research results will be useful for researchers who will be concerned with analyzing the influential factors of nepotism and corruption.

scholarly journals COVID-19 - Digital Transformation and Digital Competency

2021 ◽  
Vol 9 (3) ◽  
Author(s):  
P Venkat Kamesh
Keyword(s):  
Digital Literacy ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
Digital Transformation ◽  
Common People ◽  
Working Paper ◽  
The World ◽  
Digital Payments ◽  
Medium Enterprises ◽  
The Impact

The COVID-19 pandemic has caused serious and long-term disturbances in people's lives all over the world, in both developing and developed countries. This has led to financial crisis and great depression in the GDPs of many countries. It has not only impacted the Multi-National Businesses (MNCs) but also disturbed the Small and Medium Enterprises (SMEs) and life’s of man vulnerable people. As the crisis continues, the pandemic's pervasive impacts, which have affected every part of our communities, continue to unfold, leaving profound marks on people's livelihoods and countries' economies that are likely to persist for several years after the pandemic has ended. As part of the global response to COVID-19, the digital technology industry especially Fintech (Financial Technology) has been instrumental in creating and delivering services and technologies that have mitigated, at least in part, the pandemic's effect on multiple aspects of people's lives in every part of the world. The Fintech companies and Start-ups have played a tremendous role in mitigating the inconvenience for the common people by implementing the next generation solutions for everyone and the people were quick to adopt to such a change. The interest and surge of usage of Fintech applications (Digital applications related to Finance/Payments/Banking/Ecommerce) carries in preserving people’s livelihoods and businesses that have been, and continue to be, threatened by the pandemic COVID-19. This working paper will discuss about the impact of digital payments in the developing country like India during COVID-19, Pre-COVID-19, evolution of digital transformation in India from the past few years, People adoption to digital technologies, digital literacy intensification in emerging markets and also discusses the future trends of Fintech and its impact on consumers and businesses even after the pandemic ends.

scholarly journals TRENDS RESEARCH OF THE INFORMATION ECONOMY BASED ON GLOBAL INTERNATIONAL INDICES

2021 ◽  
Author(s):  
Nadiia Morozova ◽  
◽  
Tetyana Novikova ◽  
Timur Malafeyev ◽  
◽  
...  
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Developed Countries ◽  
National Product ◽  
Information Economy ◽  
Development Index ◽  
The World ◽  
Information And Communication ◽  
Ict Development ◽  
The Impact

The article describes the uneven development of the information economy based on an analysis of the ICT development index in order to identify innovative growth at the national, regional, and global levels. The aim of the work is to develop a set of models for the analysis of the dynamics of the information economy, which makes it possible to determine the stages of the information economy development, groups of countries according to the level of ICT development, and to assess the factors impact of ICT development on the economic growth rate. The work considered the set of information indicators for assessing the level of the information economy development and analyzed development trends of the information economy by macro-region; developed a country profile model for ICT development and built a model for measuring the impact of ICT development on economic growth. Special empirical measures – international indices – are used to determine the extent of the impact of informatization on the countries’ development. All the indicators used in the work form the basis of the Information and Communication Technology (ICT) Development Index. This suggests that the ICT index is a universal tool for comparing world economies. Research has been carried out based on neural network modelling techniques, in particular the Kohonen network and econometric methods and models. The article discusses the use of ICT to analyze the information economy at the macroeconomic level to measure the impact of ICT on the gross national product. The author’s concept of research on the impact of ICT on the gross national product of the countries of the world has been developed. The author’s concept scheme consists of two blocks. The first block consists of the construction of country groupings based on the level of ICT development. Based on the Kohonen networks, the countries have been clustered according to the level of development of information and communication technologies, which will make it possible to compare the world economies and to highlight priority and problem areas in the implementation of ICT. The second block is to study the influence level of the ICT development index on countries' GDP using econometric models of macroeconomic indicators. The relationship between ICT and GDP has been confirmed. The simulation found that the potential for increasing GDP through ICT was greater for developing countries than for developed countries because for developed countries ICT using was routine and necessary. The impact of further ICT development in developed countries is such that, with an increase of 1% in ICT use, GDP increases by 0.6 %. For developing countries, however, the opposite is true. An increase of 1 % in the rate of ICT increases GDP by 1.2 % on average, i.e., such countries have the potential to develop and meet the targets of developed countries. The findings and results of the study can be used by policymakers and enterprises to ensure better ICT outcomes, which in turn can promote sustainable economic and social development, both in certain countries and globally.

Sign in / Sign up

Export Citation Format

Share Document