Covid-19 Pandemic Management: Effects on Indian Economy—Reflections for Policy and Action Initiatives

2021 ◽  
Vol 67 (3) ◽  
pp. 286-299
Author(s):  
Nand L Dhameja ◽  
Samo Bobek ◽  
Surbhi Kapur ◽  
Manish Dhameja
Keyword(s):  
Policy Implications ◽  
Financial Impact ◽  
Work Culture ◽  
Remedial Measures ◽  
Global Level ◽  
Work From Home ◽  
Financial Restructuring ◽  
Future Policy ◽  
Positive Results ◽  
Management Effects

Pandemic is a type of epidemic that spreads over significant geographical areas and affects a large percent of population on a national or global level. Pandemic, as a project, has a lifecycle, a beginning and an end, though uncertain. The objective of the article is to trace various types of pandemics, to discuss their adverse effects of unemployment, distrust and loss of production. It presents various stimuli and remedial measures, a model to work out pandemic cost and its financial impact—estimated as ₹130 lakh crore in India. The article also gives an overview of positive results in the form of appreciations and acknowledgements, change in work culture resulting in work from home (WFH) approach. Financial restructuring resorted to by various business houses and future policy implications are also presented. The article is based on data drawn from government notifications and published reports. The study is exploratory, descriptive and analytical; it is presented in six parts.

Current Situation of the Efficiency of the National Budget Allocation in Vietnam

2019 ◽  
Vol 35 (3) ◽  
Author(s):  
Nguyen Trong Vinh ◽  
Nguyen Cam Nhung
Keyword(s):  
Budget Allocation ◽  
Current Situation ◽  
Econometric Models ◽  
The State ◽  
Policy Implications ◽  
State Budget ◽  
National Budget ◽  
Near Future ◽  
Positive Results

This research evaluates the efficiency of the state budget allocation in Vietnam in the period 2007-2016 by using econometric models of OLS, FEM, REM and FGLS. The estimated results from the model, together with the evaluation of the state budget allocation show that the budget allocation has achieved positive results, but the efficiency of budget allocation is still not high. Following this, the article gives some policy implications for Vietnam to effectively allocate the state budget in the near future.

The Psychological and Financial Impact of Cybercrime Victimization: A Novel Application of the Shattered Assumptions Theory

2021 ◽  
pp. 089443932098382
Author(s):  
Jildau Borwell ◽  
Jurjen Jansen ◽  
Wouter Stol
Keyword(s):  
Negative Impact ◽  
Secondary Analysis ◽  
Well Being ◽  
Policy Implications ◽  
Financial Impact ◽  
Financial Loss ◽  
Data Set ◽  
Loss Compensation ◽  
Shattered Assumptions ◽  
The Impact

While criminality is digitizing, a theory-based understanding of the impact of cybercrime on victims is lacking. Therefore, this study addresses the psychological and financial impact of cybercrime on victims, applying the shattered assumptions theory (SAT) to predict that impact. A secondary analysis was performed on a representative data set of Dutch citizens ( N = 33,702), exploring the psychological and financial impact for different groups of cybercrime victims. The results showed a higher negative impact on emotional well-being for victims of person-centered cybercrime, victims for whom the offender was an acquaintance, and victims whose financial loss was not compensated and a lower negative impact on emotional well-being for victims with a higher income. The study led to novel scientific insights and showed the applicability of the SAT for developing hypotheses about cybercrime victimization impact. In this study, most hypotheses had to be rejected, leading to the conclusion that more work has to be done to test the applicability of the SAT in the field of cybercrime. Furthermore, policy implications were identified considering the prioritization of and approach to specific cybercrimes, treatment of victims, and financial loss compensation.

Industry and Universities in India

1991 ◽  
Vol 5 (3) ◽  
pp. 143-154 ◽  
Author(s):  
M.M. Ansari ◽  
T.C. Sharma
Keyword(s):  
Higher Education ◽  
Economic Development ◽  
Cross Section ◽  
Current Situation ◽  
Policy Implications ◽  
Remedial Measures ◽  
The Social ◽  
Social And Economic Development ◽  
Cooperative Activity ◽  
Collaborative Efforts

This article underscores the need to establish strong linkages between industry and universities in India; assesses the extent to which such linkages exist in a cross-section of Indian universities; and identifies remedial measures as appropriate. The authors describe the challenges facing universities and industry: identify the areas most appropriate for collaboration and the various kinds of collaboration that exist or are possible in India; assess the extent to which collaborative efforts are succeeding in selected universities; and identify factors which help or hinder the development of cooperative activity. Finally, they list the policy implications of their analysis. The article provides an overview of the current situation in India and sets out practical measures for increasing collaboration between industry and higher education which the authors consider essential to the social and economic development of the country.

Corporate Governance

2019 ◽  
pp. 328-339
Author(s):  
Sandeep Goel
Keyword(s):  
Economic Growth ◽  
Corporate Governance ◽  
Social Change ◽  
Social Transformation ◽  
Business Performance ◽  
Black Box ◽  
Policy Implications ◽  
Central Issue ◽  
Global Level ◽  
Governance Process

In light of the increasing number of corporate frauds worldwide, there is a growing emphasis on corporate governance. These corporate misappropriations not only destroy shareholder value but also act as a detriment to economic growth and social change. Therefore, investors look for companies with better corporate governance to maximize their returns. Still, this aspect of corporate governance has been largely neglected in the existing studies. This chapter is therefore an attempt to address corporate governance and its effect on business performance in the context of economic growth and social transformation at the global level. It goes inside the black box of the financial matrix. The central issue that emerges is the criticality of key parameters in the corporate governance process for organisational performance. It is hoped that it will provide a new dimension to the existing body of corporate governance for global development with policy implications for the required growth and social change.

Climate change and women in South Asia: a review and future policy implications

2019 ◽  
Vol 17 (2) ◽  
pp. 145-166
Author(s):  
Sangram Kishor Patel ◽  
Gopal Agrawal ◽  
Bincy Mathew ◽  
Sunita Patel ◽  
Biswajit Mohanty ◽  
...  
Keyword(s):  
Climate Change ◽  
South Asia ◽  
South Asian ◽  
Focal Point ◽  
Policy Implications ◽  
Asian Countries ◽  
Physical And Mental Health ◽  
The South ◽  
Content Type ◽  
Future Policy

Purpose South Asian region is a focal point owing to its vulnerabilities to climate-sensitive diseases, dependence on climate-sensitive livelihoods, projected levels of crop decline in the region, and high rates of poverty and malnutrition. Women are particularly vulnerable to climate change and this affects women disproportionately during different extreme events. The purpose of this paper is to understand the issue of climate change and its impact, and climate resilience among women in South Asia. Further, it also identifies the gaps and suggests future policy implications. Design/methodology/approach Climate change is increasingly being recognised as an alarming issue and the present review is important when South Asian countries are facing the brunt of climate change impacts. This paper tries to understand the issue by review of the literature and conceptual framework methodology. To understand women’s vulnerability due to climate change and its aftermath, the authors conducted both offline and online desk reviews for this study. Findings The findings of this study show a clear linkage between climate change and women’s vulnerabilities in South Asia. Climate change has significant socio-economic impacts on women, and it affects them disproportionately in various domains of agriculture, livelihood, food security, both physical and mental health, water and sanitation in the South Asia region. Practical implications The paper also highlights that the programmes that aim at combating the effects of climate change require a gender-sensitive approach so that climate change does not obstruct the development and reduction of poverty in the region. Social implications The findings of this paper will add value in helping families to come out of poverty by undertaking adaptive measures with proactive assistance from the government and grassroots level organisations. Originality/value The present study also advocates for more gender- and climate-sensitive measures from governments, and implementation of intervention- and evidence-based research in the South Asian countries.

Long-term optimization of United Arab Emirates energy future: Policy implications

2014 ◽  
Vol 114 ◽  
pp. 466-474 ◽  
Author(s):  
Md. Alam Hossain Mondal ◽  
Scott Kennedy ◽  
Toufic Mezher
Keyword(s):  
United Arab Emirates ◽  
Policy Implications ◽  
Future Policy

scholarly journals Work from Home (Wfh) Arrangements During Covid-19 Pandemic: Comparative Analysis of Practices Among the Universities in Negara Brunei Darussalam

2021 ◽  
pp. 1-8
Author(s):  
Hajah Nur Annisa Haji Sarbini ◽  
Professor Dr Razali Mat Zin
Keyword(s):  
Virus Disease ◽  
Human Interaction ◽  
Health Economy ◽  
Work Culture ◽  
Government Organizations ◽  
Work From Home ◽  
Brunei Darussalam ◽  
The World ◽  
Huge Impact ◽  
The Government

Currently, all countries in the world are shocked by a global pandemic called Corona Virus Disease (COVID-19). This virus attack has had a huge impact on humans in the world and has changed many important aspects of life such as health, economy, politics, and also security. We have seen how COVID-19 has become a major threat to all organizations in the world, which has led to changes in work methods and also human interaction within the organization. The working method shifting in question is a change in the organization in giving tasks and responsibilities to its employees by “prohibiting” its employees to work in the office and gather in a room. This prohibition is not intended to destroy the performance of the organization but rather aims to prevent the spread of COVID-19, which until now continues to add the number of its victims globally. The concept of Work from Home (WFH) has been the subject of discussion and global study theme by researchers in the past 10 years, but this global phenomenon begins to emerge at the coming of the COVID-19 attack and becomes an alternative strategy for many organizations. However, in Brunei, this Working from Home (WFH) initiative or arrangement has not been widely implemented yet and become a work culture in the organization, although there are still a few organizations that have given the flexible arrangement of work for their employees. WFH, which is a phenomenon today in Brunei, is not a work culture found in many organizations, especially government organizations that are very bound by direct supervision, discipline, and also public services. In reality, WFH is not fully understood by the employees, they feel a lot of dilemma conditions such as the mindset that the home is where they rest while work is generally done in the office. This dilemma condition sometimes creates conflicts within the family even though WFH creates flexibility of time and place. Therefore, this paper tries to excavate and compare the different WFH arrangements that have been executed by three higher education institutions in Brunei following the de-escalation plans that have been widely disseminated by the government during the active spread of COVID-19. The findings suggest that different institutions have different ways of interpreting and implementing the WFH arrangements. This paper concludes with preliminary suggestions on managerial perspectives and implementation of flexible working arrangements like WFH and further research to be done in tackling the perceptual attitudes of employees undergoing the WFH initiative.

TRANSNATIONAL TERRORIST ORGANIZATIONS IN THE MIDDLE EAST: HISTORY AND MODERNITY

2020 ◽  
Vol 65 (4) ◽  
pp. 89-96
Author(s):  
ANNA P. SOSIUK ◽  
Keyword(s):  
Middle East ◽  
International Organizations ◽  
Integrated Approach ◽  
Global Level ◽  
Transnational Terrorism ◽  
Terrorist Organizations ◽  
World Community ◽  
The Social ◽  
Radical Organizations ◽  
Positive Results

This study analyzes the problem of transnational terrorism from the standpoint of an integrated approach not only through the prism of global socio-economic processes, but also in the context of geopolitical confrontation between different actors, trying to strengthen their positions in the Middle East.The article reveals the concept of «transnational terrorism», analyzes the preconditions for the emergence of terrorist organizations in the Middle East, considers the social base of transnational terrorist organizations on the example of such influential actors of modern terrorism as ISIS, Al-Qaeda,«Muslim Brotherhood». A special place in the article is occupied by the assessment of methods of combating transnational terrorism by the world community. In this regard, a number of declarations and security agreements adopted at the time by major international organizations were analyzed, which allows us to speak about the importance of this issue not only at the regional but also at the global level. Given the complexity of the ongoing processes in the Middle East, the author concludes that even the hypothetical elimination of all radical organizations will not provide a stable situation in the region. Only by eradicating its fundamental preconditions and reasons mentioned in the article, we can expect positive results.

scholarly journals An exploratory analysis of payoffs for the lifetime mortgage of farming assets and its policy implications

2014 ◽  
Vol 60 (No. 9) ◽  
pp. 406-419 ◽  
Author(s):  
G.H. Park ◽  
D. Cho
Keyword(s):  
Social Security ◽  
South Korea ◽  
The Elderly ◽  
Policy Implications ◽  
Security Measure ◽  
The World ◽  
Reverse Mortgages ◽  
The Government ◽  
Future Policy ◽  
Actuarial Model

This study discusses and calibrates a pioneered model of estimating the payoffs for the farming-asset pension (FAP), which is to comprehensively integrate the components of farming assets into the recently implemented farmland pension (FP) in South Korea. The FP was introduced first in the world so that farmland may be liquidated by the lifetime mortgage of farmland. However, it differs from conventional lifetime or reverse mortgages because its annuity program is implemented by the government according to the actuarial model whose variables are adjustable from the viewpoint of the elderly welfare. By introducing a simple standard of comprehensive farming assets into the FP model, the FAP model augments this social security measure, the step-by-step improvement of which is also expected to formulate the future policy implications of regional economic revitalisation as well as the elderly welfare for other countries.  

Efficiency and Its Determinants: Panel Data Evidence from the Indian Pharmaceutical Industry

2018 ◽  
Vol 12 (1) ◽  
pp. 19-40 ◽  
Author(s):  
Varun Mahajan ◽  
D. K. Nauriyal ◽  
S. P. Singh
Keyword(s):  
Small Firms ◽  
Negative Impact ◽  
Pharmaceutical Products ◽  
Jel Classification ◽  
Policy Implications ◽  
Technology Investment ◽  
Pharmaceutical Firms ◽  
Marketing Activities ◽  
Future Policy ◽  
Investment In Fixed Assets

The study determines the efficiency of Indian pharmaceutical firms and its determinants in the pre- and post-product patent regime. Overall inefficiency in the industry is higher due to the inefficient conversion of inputs into output rather than through scale inefficiency. The study finds that the Product Patent Act has a negative impact on efficiency. Ownership, capital imports intensity and size variables are positively related with efficiency scores whereas age, time dummy and size square variables are inversely related. The study supports the finding that with an increase in mergers and acquisitions, a movement towards diversifying operations, the use of advanced imported foreign technology, investment in fixed assets and judicious allocation of resources for marketing activities could improve firm performance. For future policy implications, the small firms may either merge into bigger entities or manufacture pharmaceutical products for other companies, so as to raise operational scale and improve capacity utilisation. JEL Classification: C02, C61, D2, L65

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