Economic Ripple Effect: The Effect of Public Transfer Payment Policy in Malaysia

2021 ◽  
pp. 026010792198991
Author(s):  
Muhammad Adli Amirullah ◽  
Mario Arturo Ruiz Estrada ◽  
Mohamed Aslam

This article models the interconnection between the public transfer payment policy in Malaysia and the overall Malaysian economy using an inter-linkage coordinate space. This space is represented graphically, with the public transfer payment distribution in the centre and the number of periods plotted along rays (axes) that are drawn from the centre, each of which can have as many windows as required at the predetermined perimeter levels. Using this model, this article evaluates whether and how the implementation of public transfer payment policy in Malaysia can simultaneously affect the overall Malaysian economy through selected macroeconomic indicators. Finally, this article proposes the use of computer graphical animation when sufficient data are available to provide a more accurate measurement and visual representation of the economic ripple effect in the same graphical space. JEL: C00, E60, H53

2020 ◽  
Vol 2 ◽  
pp. 1-18
Author(s):  
Tuncay Şur ◽  
Betül Yarar

This paper seeks to understand why there has been an increase in photographic images exposing military violence or displaying bodies killed by military forces and how they can freely circulate in the public without being censored or kept hidden. In other words, it aims to analyze this particular issue as a symptom of the emergence of new wars and a new regime of their visual representation. Within this framework, it attempts to relate two kinds of literature that are namely the history of war and war photography with the bridge of theoretical discussions on the real, its photographic representation, power, and violence.  Rather than systematic empirical analysis, the paper is based on a theoretical attempt which is reflected on some socio-political observations in the Middle East where there has been ongoing wars or new wars. The core discussion of the paper is supported by a brief analysis of some illustrative photographic images that are served through the social media under the circumstances of war for instance in Turkey between Turkish military troops and the Kurdish militants. The paper concludes that in line with the process of dissolution/transformation of the old nation-state formations and globalization, the mechanism and mode of power have also transformed to the extent that it resulted in the emergence of new wars. This is one dynamic that we need to recognize in relation to the above-mentioned question, the other is the impact of social media in not only delivering but also receiving war photographies. Today these changes have led the emergence of new machinery of power in which the old modern visual/photographic techniques of representing wars without human beings, torture, and violence through censorship began to be employed alongside medieval power techniques of a visual exhibition of tortures and violence.


2016 ◽  
Vol 12 (7) ◽  
pp. 331 ◽  
Author(s):  
Alush Kryeziu

In this paper will be discussed the main concepts and trends of the macro-fiscal indicators in economic growth, as well as their importance in the economic development of different countries, with special emphasis in Kosovo. One of the aims of this paper is to define and explain the connection between macroeconomic indicators with specific emphasis: the public debt, budget deficit and inflation on economic growth. In order to analyze this impact of variables in economic growth, the targeted time period of research is the period from 2004 to 2014. While the data taken regarding Kosovo were obtained from the year 2005, due to the fact that earlier the data have been limited because of the developments in which Kosovo went through. The model that best represents the link between macro-fiscal indicators on economic growth is the linear regression as an econometric model. We will have the opportunity to see and interpret these data. The overall results have emerged in accordance with theoretical discussions presented, but this relationship has not turned out to be very strong because the coefficients acquired did not have great explanatory skills for economic phenomena.


Author(s):  
Ángeles Donoso Macaya

The first chapter underscores the counter-archival work carried out by the Vicaría de la Solidaridad in the composition of the photographic archive of the detained-disappeared. The chapter also considers the different transformations, displacements, and disseminations endured by the portraits of the detained-disappeared. It considers the critical work of Walter Benjamin, Diana Taylor, and Ann Stoler. The analysis contemplates both the composition of the photographic archive of the portraits and the archive’s dissemination in the public space. I consider the Vicaría’s publications Solidaridad (a biweekly newsletter), Separata Solidaridad (a special issue that focused on particular matters also considered in Solidaridad), and the seven-volume book series ¿Dónde están? (1978–1979). I suggest that the visual representation of the crime of forced disappearances, which took shape with the public display of the portraits, was consolidated in these Vicaría publications, above all in ¿Dónde están? I also study artistic photographic practices devised to display and disseminate these photographic portraits in the public space. The chapter begins and ends with a consideration of Hernán Parada’s action “Obrabierta A” (1974–present), in particular one of its iterations in which the artist uses a photocopied mask of his brother, Alejandro Parada, detained and disappeared since July 1974.


2020 ◽  
Vol 12 (10) ◽  
pp. 4200 ◽  
Author(s):  
Thanh-Long Giang ◽  
Dinh-Tri Vo ◽  
Quan-Hoang Vuong

Using data from the WHO’s Situation Report on the COVID-19 pandemic from 21 January 2020 to 30 March 2020 along with other health, demographic, and macroeconomic indicators from the WHO’s Application Programming Interface and the World Bank’s Development Indicators, this paper explores the death rates of infected persons and their possible associated factors. Through the panel analysis, we found consistent results that healthcare system conditions, particularly the number of hospital beds and medical staff, have played extremely important roles in reducing death rates of COVID-19 infected persons. In addition, both the mortality rates due to different non-communicable diseases (NCDs) and rate of people aged 65 and over were significantly related to the death rates. We also found that controlling international and domestic travelling by air along with increasingly popular anti-COVID-19 actions (i.e., quarantine and social distancing) would help reduce the death rates in all countries. We conducted tests for robustness and found that the Driscoll and Kraay (1998) method was the most suitable estimator with a finite sample, which helped confirm the robustness of our estimations. Based on the findings, we suggest that preparedness of healthcare systems for aged populations need more attentions from the public and politicians, regardless of income level, when facing COVID-19-like pandemics.


Author(s):  
Ikbal Maulana

The COVID-19 pandemic has disrupted personal, social, and economic lives of millions of people around the world. It has taken the familiar world away from everyone. The pandemic is in large part an epistemic problem caused by the invisible contagious virus. Its invisibility can make people ignorant of the threat and spread of the virus. Government and public need scientists to identify and understand the problem of COVID-19. While the latter do not have complete knowledge to cure the disease, they are more knowledgeable to inform the government how to prevent the pandemic from getting worse. Appropriate government intervention requires a thorough investigation involving frequent and massive data collection, which is too expensive for developing countries. Without sufficient data, any government claim and intervention are questionable. The government can compensate the insufficiency of data by acquiring data and information from other sources, such as civil society organization and the public.


2019 ◽  
Vol 53 (4) ◽  
pp. 1407-1425
Author(s):  
Qingyun Xu ◽  
Bing Xu ◽  
Yi He

Product quality depends on the quality investment of the manufacturer and quality decisions of the supplier. Therefore, many firms and researchers pay considerable attention to supply quality management. Considering a supply chain that includes two competing suppliers and one manufacturer, this paper investigates the influences of competition and the “brand halo” effect on the quality strategies of channel members, and explores the potential coordinating power of the bilateral participation contract. Utilizing differential game theory, this paper compares and analyzes the quality strategies of all channel members under three different scenarios: (i) decentralized scenario within a subsidy program, (ii) integrated scenario, and (iii) bilateral participation contract. Our results confirm the following results. (1) The manufacturer may not grant a subsidy to the supplier if two final products are highly competitive. (2) Supply chain members are more likely to join the bilateral participation contract if the “brand halo” effect is large. (3) The bilateral participation contract can achieve perfect coordination if the competition is weak or if a transfer payment policy exists.


2013 ◽  
Vol 17 (5-6) ◽  
pp. 525-559 ◽  
Author(s):  
Opher Mansour

Abstract This article examines the progress of a series of ambassadorial visits to Rome by emissaries from the Kongo, Japan, and Safavid Persia as they unfolded over the reign of Pope Paul V. Close attention is paid to the visual representation of the ambassadors, and of their actions, in engravings and in the decoration of the Quirinal Palace. The author argues that the public aspects of diplomacy, and of the visual representations based on it, played a significant role in articulating the Papacy’s missionary ambitions and sense of its global position. Furthermore, it is argued that the diplomatic and courtly practices of the papal court played a significant role in mediating the representation of “other” cultures in early modern Europe.


The aim of this paper is to point to the specificities of economic and political transformations in Bosnia and Herzegovina (B&H) and the Western Balkan in the context of economic and political changes in the global environment that can significantly affect the EU accession process. An analysis of the position of B&H in the group of Western Balkans countries and the perspective of economic growth was conducted by focusing on the political and economic criteria as well as on the current obstacles these countries are facing, specifically, based on their political and economic background and in conditions where external risks are growing. All these countries are commited to implementing structural reforms because the commitment of all the countries towards Europe, which means convergence towards the European countries and a reduction in the size of the GDP per capita. In order to achieve such long-term goals, it is necessary to implement structural reforms that will result in stimulating production, trade, financial flows and reforming the labor market and the public sector. That is why growth of investment and exports is the main determinant of long-term growth. This paper gives an overview of the basic economic features of B&H compared with the other countries that belong to Western Balkan region, as well as projections on the certain macroeconomic indicators in the forthcoming period.


2020 ◽  
Vol 4 (1) ◽  
pp. 59
Author(s):  
Amarda Cano

Public debt is one of the most important macroeconomic indicators due to its impact on the economy of each country. Literature suggests that the effect varies in each country depending on the level of economic development and situation. Public debt will have a direct impact on a country's economic growth, but there are contrasting opinions amongst economists regarding the use of public debt, particularly in situations of distress and in developing countries. Albania is a country that would be in need of a decrease of the debt/GDP ratio. This can be done through a stimulation of the economy rather than a decrease of the public debt. The empirical analysis shows that the increase on real public debt can negatively influence the GDP, yet, we do not observe a specific level above which the effects worsened. Instead, we notie that whenever the public debt was increasing, the cost of debt would sometimes decrease because the governments substitutes the debt borrowed from second tier banks with debt borrowed from the IMF.


Author(s):  
В. М. Краєвський ◽  
Н. В. Параниця

The current stage of development of a public joint-stock company «National Joint-Stock Company «Naftogaz of Ukraine» is characterized by an increase of negative trends. The main retaining factors for the enterprise development are the complex economic and political situation in the country, the negative dynamics of the main macroeconomic indicators, the high cost of the UAH resource, and the dominant devaluation processes. One of the conditions for a stable fi nancial and economic development of the industrial enterprises is the proper management of the movement of their fi nancial resources. Consequently, in the case of consideration of the enterprise, it is necessary to proceed from the fact that the key role is played by continuous fi nancial processes, which should be understood as the sequence of tasks or procedures that collectively provide the completion of a particular production activity. The formation of a market fi nancial and credit system requires enterprises to increase the effi ciency of activities, competitiveness of petroleum products and services based on the implementation of scientifi c and technological progress, eff ective forms of management and management of the enterprise.


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