scholarly journals COVID-19: Anticipating A Dramatic Collapse And A Recessionary Phase In The World Economy

2020 ◽  
Vol 8 (5) ◽  
pp. 1-7
Author(s):  
Sandeep Ojha ◽  
Ms. Shubha
Keyword(s):  
World Economy ◽  
Action Plan ◽  
Trade Flows ◽  
Current Account Balance ◽  
World Population ◽  
Economic Vulnerability ◽  
The World ◽  
Prolonged Duration ◽  
Global Nature ◽  
Almost All

The global nature of the pandemic, along with its great intensity and prolonged duration, will fundamentally alter the business landscape through changing trade flows, asset prices and consumption patterns. The outpouring of whammy ‘Corona Bug’ a public health crunch, an undetectable foe, jolted the attention of the world population towards the strictness that postured the economic vulnerability in almost all the macroeconomic variables such as GDP growth, headline inflation, unemployment rate, investment, current account balance and a measure of political risk which affected nook-n-corner of the world clock in terms of its demand-supply dynamic disruptions. This exploratory study is an attempt to explore the need of the efforts is to put in place a comprehensive action plan and put in the best efforts to implement the plan.

scholarly journals Logística e comércio internacional da fruticultura no estado de Minas Gerais - Brasil

2019 ◽  
pp. 28-53
Author(s):  
Igor Martins Oliveira ◽  
Luiz Andrei Gonçalves Pereira
Keyword(s):  
International Trade ◽  
World Economy ◽  
International Markets ◽  
Minas Gerais ◽  
Trade Flows ◽  
The Road ◽  
Goods And Services ◽  
The World ◽  
Import And Export ◽  
Transport Logistics

Na era globalização, a economia mundial tem vivenciado um processo de reestruturação produtiva, intensificando os fluxos nos territórios inerentes às interações espaciais de recursos, de bens e de serviços que circulam entre os mercados nacionais e internacionais. O objetivo deste trabalho é analisar as dinâmicas socioespaciais dos fluxos de comércio internacional do estado de Minas Gerais por meio da logística das redes de importações e de exportações de frutas, no período de 2000 a 2017. Como resultado, identificou-se que, no mercado externo de frutas, Minas Gerais se relaciona comercialmente com 88 países, sendo 52 nas redes de exportação e 36 na rede de importação. Na operacionalização dos fluxos no comércio global, a logística de transportes foi realizada através dos modais rodoviário, marítimo e aéreo, configurando-se como um elemento geográfico, visto que as transações comerciais demandam o gerenciamento da fluidez, do planejamento e da organização dos diferentes territórios.PALAVRAS-CHAVE: Logística, Comércio Internacional, Fruticultura. ABSTRACTIn the era of globalization, the world economy has undergone a process of productive restructuring, intensifying flows in the territories inherent to the spatial interactions of resources, goods and services that circulate between national and international markets. The objective of this work is to analyze the sociospatial dynamics of the international trade flows of the state of Minas Gerais through the logistics of import and export fruit networks, from 2000 to 2017. As a result, it was identified that in the market Minas Gerais has a commercial relationship with 88 countries, 52 in export networks and 36 in the import network. In the operationalization of flows in global trade, transport logistics was carried out through the road, sea and air modalities, being configured as a geographic element, since commercial transactions demand the management of the fluidity, planning and organization of the different territories.KEYWORDS: Logistic, International Trade, Fruticulture.

At a Glance…: The World Economy

2015 ◽  
Vol 232 ◽  
pp. F2-F2
Keyword(s):  
World Economy ◽  
Oil Prices ◽  
Developed Countries ◽  
List Type ◽  
Monetary Policies ◽  
The World ◽  
Almost All

Following growth of 3.4 per cent each year in 2012–14, the world economy will grow by 3.2 per cent in 2015 and 3.8 per cent in 2016.Growth has been slightly weaker than expected so far in 2015 and inflation remains well below target in almost all developed countries.But deflation does not appear to be embedded and low oil prices, combined with accommodative monetary policies, should provide a boost to growth in most oil importing countries.

scholarly journals New Development Bank: Importance and Role in Sustainable Economic Development

2015 ◽  
Vol 2 (2) ◽  
Author(s):  
K. B. Dhore
Keyword(s):  
International Development ◽  
World Economy ◽  
World Population ◽  
Development Bank ◽  
Foreign Reserves ◽  
Brics Countries ◽  
Complementary Role ◽  
New Development ◽  
The World

As of 2014, the five BRICS countries represent almost 3 billion people which is 40% of the world population, with a combined nominal GDP of US$16.039 trillion (20% world GDP) and an estimated US$4 trillion in combined foreign reserves. As of 2014, the BRICS nations represented 18 percent of the world economy. BRICS leaders have approved creating a New Development Bank which would fund long-term investment in infrastructure and more sustainable development. It then estimates the likely level of loans that this New Development Bank could make, under different assumptions. It highlights the complementary role that such a bank would play with existing development banks and shows its importance for enhancing the influence of BRICS and other developing countries in the international development architecture. On the other hand, there are doubts about the nature and coherence of the group. There is also concern that the economic agenda of BRICS could pose new challenges to human rights and development, particularly given the absence of domestic frameworks for accountability on international engagements.

scholarly journals Historical perspective and initial conditions

2019 ◽  
pp. 7-28
Author(s):  
Deepak Nayyar
Keyword(s):  
World Economy ◽  
Historical Perspective ◽  
Initial Conditions ◽  
Social Indicators ◽  
World Population ◽  
Asian Countries ◽  
Colonial Era ◽  
The World ◽  
History Of ◽  
Future Outcomes

This chapter provides a historical perspective on Asia in the world economy with a focus on the colonial era, and sketches a profile of the prevalent initial conditions when Asian countries became independent. Two centuries ago, Asia accounted for two-thirds of world population and almost three-fifths of world income. Its decline and fall during the colonial era, associated with deindustrialization, was attributable to its integration with the world economy, through trade and investment, driven by imperialism. Fifty years ago, then, Asia was the poorest continent in the world. Its even worse demographic and social indicators of development epitomized its underdevelopment. Such initial conditions were the starting point in its journey to development. But most Asian countries did have a long history of well-structured states, and cultures, which were not entirely destroyed by colonialism. Their different pasts, embedded in histories albeit shaped by colonial legacies, also influenced future outcomes in development.

scholarly journals Forsight in Ukraine: problems of organization in the context of world practice

2021 ◽  
Vol 2021 (1) ◽  
pp. 102-115
Author(s):  
Lidiia Kuznetsova ◽  
◽  
Oleksandr Bilotserkivets' ◽  
◽  
Keyword(s):  
World Economy ◽  
High Tech ◽  
Research Attention ◽  
The World ◽  
Domestic Prices ◽  
Future Economic Development ◽  
Almost All ◽  
The Cost ◽  
National Economies ◽  
Education Science

The article presents the results of a research on world and European experience of foresight research. Attention is focused on the organization of foresight research and institutional support of foresight in EU countries. The authors substantiate the necessity of expanding the practice of foresight research in Ukraine in the conditions of those changes in the nature of the world economy that occur under the influence of the COVID-19 pandemic and on the verge of upcoming change in the Kondratiev long cycles. Current trends in the world economy facilitate access to foreign markets, but at the same time create certain risks for national economies. Increasing competition between domestic and foreign producers for many countries means the bankruptcy of domestic enterprises, especially medium- and high-tech ones, which are unable to compete with corporations that are more powerful. Domestic prices for almost all goods increasingly depend on prices in other markets, which can form imbalance between the cost and price of labor and destroy the labor market, increasing migration of the working population, especially those with high levels of human capital, which reduces the country's opportunities in education, science and production and even multiplicatively affects economic growth. In these conditions, it becomes extremely important to determine the guidelines for future economic development and society, which actualizes the whole range of foresight research. For Ukraine, where foresight research is limited, the experience of those countries where foresight has become an integral part of strategic planning is vital. The article is devoted to the study of this experience, which identifies the basic organizational measures of foresight research, the main aspects of foresight institutionalization and the problems that hinder the development of foresight in Ukraine

Trade and Development Report, 1993

1993 ◽  
Vol 28 (2-3) ◽  
pp. 113-129
Author(s):  
K.K.S. Dadzie
Keyword(s):  
Developing Countries ◽  
World Economy ◽  
Domestic Politics ◽  
Commodity Prices ◽  
Financial Flows ◽  
The North ◽  
The World ◽  
Policy Shocks ◽  
The Right ◽  
Almost All

The Trade and Development Report of 1992 had predicted that without a strong boost to global demand the world economy v.�ould continue to stagnate. So it has. Belying almost all other official forecasts, the North has failed to recover. As a result, commodity prices are falling yet again, intensifying poverty in the South, and the unemployed are multiplying, intensifying poverty in the North. Joblessness is now not only the prime issue in domestic politics: by providing humus for protectionist sentiments and xenophobia, it is also forcing itself onto the international agenda. The tide of market-oriented reform has continued to flow strongly in developing countries and the former socialist countries of Eastern Europe. In Asia, the fast-growing economies, which had managed to steer clear of the turbulence of debt and policy shocks, have continued ahead at full steam. Thanks to reform, Latin America has been showered with finance. In Africa, the winds of change have turned into a gale, but the economies are still in the doldrums. In the transition economies of Europe, the worst is over in some hut not in others. International financial flows have been bringing many benefits but also problems. Exchange rates have been under severe strain, and international trade negotiations have been teetering bern�een openness and protectionism. The new era after the Cold War should not be allowed to become one of economic conflict. Governments acknowledge the need for cooperation, but the real challenge remains. It is to translate the aspiration for harmony into practice-and do so in a way that will advance development and push back poverty The right approach is to marry boldness with realism. Without boldness structures will not change, but unless policies are tempered with realism there will be costly excesses. Boldness is also required to clear the debt overhang, which continues to bear down on 1nany developing countries. And unless there is boldness, too, infighting global deflation, the problems of the world economy will further multiply, and instability will overwhelm confidence.

scholarly journals Quarantine due to the COVID-19 pandemic from the perspective of adolescents: the crucial role of technology

2021 ◽  
Vol 47 (1) ◽  
Author(s):  
Giuseppina Salzano ◽  
Stefano Passanisi ◽  
Francesco Pira ◽  
Lacrima Sorrenti ◽  
Giuseppa La Monica ◽  
...  
Keyword(s):  
Secondary Schools ◽  
Crucial Role ◽  
Psychological Impact ◽  
Lifestyle Changes ◽  
World Population ◽  
Web Based ◽  
Use Of Technology ◽  
The World ◽  
Young Subjects ◽  
Almost All

Abstract Background The year 2020 will be remembered as the “year of the COVID-19 pandemic”. The world population had to familiarize themselves with words as swabs, personal protective equipment, pandemic. To curb the wave of the pandemic, almost all the countries imposed self-isolation and social distancing. We conducted a web-based survey to investigate the behavioural responses during the quarantine due to the COVID-19 pandemic. Methods Participants were 1860 youth aged 12–18 years attending lower secondary schools and upper secondary schools. Data were collected on demographic characteristics, lifestyle changes during the quarantine period, and the psychological impact of the lock-down on adolescents’ life. Results Most adolescents experienced feelings of fear, discouragement, and anxiety which strongly affected the approach to their daily lifestyles. Most of the surveyed subjects reported having used this period to acquire new skills and to practice physical activities at home. The use of technology was predominant both for recreational activities and educational purposes. Conclusions Despite the strong psychological impact of the quarantine, adolescents showed good levels of resilience. Technology played a crucial role during the quarantine for young subjects who have increased the daily use of technological devices to stay connected with the rest of the world.

scholarly journals Mental Health and Physical Activity: A COVID-19 Viewpoint

2021 ◽  
Vol 14 (1) ◽  
pp. 30-33
Author(s):  
Sunday O. Onagbiye ◽  
Zandile June-Rose Mchiza ◽  
Ezihe L. Ahanonu ◽  
Susan H. Bassett ◽  
Andre Travill
Keyword(s):  
Mental Health ◽  
Physical Activity ◽  
World Economy ◽  
World Health Organisation ◽  
Mental Illnesses ◽  
World Health ◽  
World Population ◽  
The World ◽  
Physical Activity And Exercise ◽  
Associated Risk Factors

COVID-19, which has been declared a pandemic by the World Health Organisation, has become a public health emergency across the globe. It is a highly contagious disease, which elicits high levels of fear amongst the world population and is considered a threat to the world economy. As a response to this pandemic, international governments have devised unconventional measures to guard the health of their citizenry. Among these are the “new normal” country lockdown that mandates working from home, home-schooling of children, and physical/social distancing from friends and family. For the majority, this has resulted in momentary job loss and loneliness, and other psychological illnesses. Hence millions are frightened, depressed and panic easily as a result of the tension due to the uncertainty, which interferes with their job performance, livelihoods, international trade and the world economy. If not mitigated, this is likely to cause physical health deterioration, with severe mental illness being the outcome. To reduce mental health illnesses during and after the COVID-19 pandemic, evidence suggests prioritising regular participation in physical activity and exercise across lifespan. It is also important for medical experts who specialise in the care and management of mental health to recognise physical activity and exercise as a medicine that can ameliorate some mental illnesses and their associated risk factors.

scholarly journals The COVID-19 Crisis: An Opportunity to Integrate Food Democracy into Post-Pandemic Food Systems

2020 ◽  
Vol 11 (2) ◽  
pp. 326-336 ◽  
Author(s):  
Ludivine PETETIN
Keyword(s):  
Food Systems ◽  
World Economy ◽  
Retail Industry ◽  
Economic Downturn ◽  
Dairy Farmers ◽  
Agricultural Producers ◽  
The World ◽  
Almost All ◽  
Food Democracy

The world economy is sliding yet into another recession (having arguably barely recovered from the previous economic downturn) due to the worldwide pressures and tensions created by the COVID-19 pandemic.1 With most countries in the world under lockdown (or in similar situations), almost all food is now consumed in the household. Arguably, agricultural producers and the retail industry appear to be the best placed to weather the storm in order to respond to such a change in demand. However, this is overly simplistic. Recent news of empty shelves in supermarkets whilst dairy farmers have been forced to pour milk down the drain have gone viral.

What is Globalization? The Paradoxes of the Economic and Political Substance of Markets

2013 ◽  
Vol 2 (1) ◽  
pp. 1-15 ◽  
Author(s):  
Yvon Pesqueux
Keyword(s):  
Multinational Corporations ◽  
World Economy ◽  
Trade Flows ◽  
Anthropological Perspective ◽  
Political Issues ◽  
Geographic Space ◽  
The Core ◽  
Political Perspective ◽  
The World ◽  
The Impact

To view globalization in the context of easy or restricted access to global resources is only a very restrictive concept limiting its dimension to geographic space. The term should be assessed in its broader context to understand fully the impact on business, society and culture. This thematic article addresses various perspectives: a descriptive perspective linking globalization with trade flows; a political perspective linking globalization with the ‘crisis’ of sovereignty; a historical perspective about the ‘world-economy’, and a cultural and anthropological perspective. The article goes on to highlight and discuss six senses, each of which has its own logic: an economic sense mainly related to the consequences of multinational corporations’ activity; a geographic sense in which globalization is a geography of flows of activities and their anchorage in a country independent of its geographic space; a political sense that factors in the growing weight of ‘supranational’ organizations and the importance attached to ‘transnational’ political issues; a dogmatic sense in which globalization is a necessary doctrine; a historical sense in which globalization is the current verbalization of capitalism as a political order applicable worldwide; and an organizational sense which places at the core of organizational rationales a relational perspective. The paradoxes of the economic and political substance of the markets are underlined.

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