scholarly journals The Coronavirus Crisis versus Social and Market Economy of Germany

2021 ◽  
Vol 104 (4) ◽  
pp. 58-70
Author(s):  
Vladislav Belov ◽  
Keyword(s):  
Market Economy ◽  
Large Scale ◽  
Negative Impact ◽  
Social Market Economy ◽  
Significant Negative Impact ◽  
Social Market ◽  
Restrictive Measures ◽  
Economic Nature ◽  
External Borrowing ◽  
The Impact

The coronavirus crisis caused by the COVID-19 pandemic has had a significant negative impact on all aspects of the German social market economy. For the first time in history, the crisis was caused by factors of a non-economic nature. They manifested themselves in all economies of the world, including Europe. Since March 2020, the federal and state executive authorities of Germany, along with the introduction of restrictive measures for the population and business, have adopted several large-scale economic and political programmes aimed at preventing bankruptcies of economic entities, preserving jobs and social stability in the country. Along with short-term instruments designed to stop the decline in GDP and give impetus to its growth, the German state pursued an active and coordinated with Brussels structural policy aimed at ensuring an energy and digital transition to a climate-neutral economy, including the overcoming the deficits and problems revealed by the pandemic in the country's economy. To this end, Berlin abandoned the budget surplus policy and switched to large-scale external borrowing to finance programmes to bring economy out of the crisis. The author analyzes the results of the impact of the coronavirus crisis on the economic space of Germany, including aspects of its stress resistance and competitiveness, explores the effectiveness of state policy to counter crisis and assesses the prospects for the development of Russia's leading foreign economic partner in the west of the Eurasian continent.

RESPONSE OF THE RUSSIAN LABOR MARKET TO THE "FIRST" AND "SECOND" WAVES OF THE COVID-19 PANDEMIC

2021 ◽  
pp. 61-73
Author(s):  
Marina N. Khramova ◽  
◽  
Sergey V. Ryazantsev ◽  
Keyword(s):  
National Economy ◽  
Negative Impact ◽  
Russian Regions ◽  
Negative Consequences ◽  
State Support ◽  
Significant Negative Impact ◽  
The Russian Federation ◽  
Restrictive Measures ◽  
The Impact ◽  
Unstable Dynamics

The paper provides some results of a study of changes that have occurred in the labor markets of Russian regions during the "first" and "second" waves of the COVID-19 pandemic. In particular, it is shown that in 2020 — 2021 there were transformations in the structure of employment of the population of the Russian regions, for example, the number of vacancies in the industries that were most severely affected by the introduction of restrictive measures in the economy decreased, the unemployment rate increased significantly. The negative consequences of the pandemic in one way or another manifested themselves in all Russian regions. However, in a number of regions, which even before the pandemic showed an unstable dynamics of socio-economic development, the impact of the COVID-19 pandemic had a more significant negative impact. This indicates that during a pandemic, divergence processes have intensified in the national economy. At the same time, during the pandemic, some new forms of employment were developed, associated with the need to switch to a remote mode of work. We believe that these new forms of employment will remain relevant both in Russian and international practice even after the end of the pandemic. The paper also analyzes the main measures of state support for the population, small and medium-sized businesses, and migrants. It is shown that, in general, the measures of state support during the pandemic were timely and made it possible to avoid the collapse of the national economy. It is concluded that support measures should be more regionally differentiated in order to take into account the specifics of the economy of the regions of the Russian Federation.

scholarly journals Modele gospodarki rynkowej a wzrost gospodarczy i jego wahania

2021 ◽  
pp. 68-79
Author(s):  
Stanisław Swadźba ◽  
Keyword(s):  
Economic Growth ◽  
Economic System ◽  
Market Economy ◽  
Statistical Data ◽  
Social Market Economy ◽  
Economy Model ◽  
The Social ◽  
The Mediterranean ◽  
Social Market ◽  
The Impact

Purpose – The purpose of this article is to show the impact of the economic system (economic model) on the rate of economic growth and its fluctuations. Research method – Various research methods were used, including: descriptive analysis, comparative analysis of the economic systems and the analysis of statistical data on economic growth in 12 countries. The quantitative analysis was based on the latest available statistical data from the Eurostat and the World Bank database. Results – The economic growth rate and its fluctuations vary across countries. However, some of them are very similar. Most often these are the countries with a similar economic system. The countries that represent the Mediterranean model and the social market economy model are the most similar. We can also speak of a certain similarity in the case of countries belonging to the neoliberal model, and its lack in the welfare state model. Countries representing the Mediterranean model cope with economic growth and its stability in the worst way. On the other hand, the stability of economic growth and good coping with cyclicality are characteristic of the countries implementing the social market economy model. Originality /value – This article deals with issues that are rarely discussed in the literature. So, to some extent, it completes the existing research gap.

scholarly journals REPRODUCTION OF HUMAN CAPITAL

2016 ◽  
Vol 1 (1) ◽  
pp. 54-56
Author(s):  
T. V. Dolgova ◽  
J. O. Meshkova
Keyword(s):  
Human Capital ◽  
Market Economy ◽  
Scientific Research ◽  
Social Market Economy ◽  
The Social ◽  
Social Market ◽  
The Impact

The relevance of scientific research due to the fact that the study of the impact of the major issues of motivation on the formation and reproduction of the human capital in the social market economy, characterized by such elements on the basis of which the formation of human capital and its development.

scholarly journals The Influence of Urban Sprawl on Air Pollution and the Mediating Effect of Vehicle Ownership

Processes ◽  
2021 ◽  
Vol 9 (8) ◽  
pp. 1261
Author(s):  
Aiping Tao ◽  
Qun Liang ◽  
Peng Kuai ◽  
Tao Ding
Keyword(s):  
Air Pollution ◽  
Urban Sprawl ◽  
Negative Impact ◽  
Empirical Support ◽  
Mediating Effect ◽  
Vehicle Ownership ◽  
Mediating Role ◽  
Effect Model ◽  
Significant Negative Impact ◽  
The Impact

Based on the panel data of 224 prefecture-level and above cities in China from 2003 to 2016, this paper empirically studies the impact of urban sprawl on air pollution and introduces a mediating effect model to test the mediating role of vehicle ownership concerning the impact of urban sprawl on air pollution. The research in this paper arrives at three conclusions. First, urban sprawl has a significant positive effect on air pollution, and this conclusion is still valid after solving the endogeneity problem and conducting a robustness test. Second, the results of mediating effect test show that urban sprawl indirectly affects air pollution through the partial mediating effect of vehicle ownership. By removing the mediating effect, urban sprawl has a significant negative impact on air pollution, indicating that the mediating effect of vehicle ownership is higher concerning the impact of urban sprawl on air pollution. Third, further panel quantile regression results show that the higher the level of air pollution, the weaker the mediating effect of vehicle ownership and the stronger the direct effect of urban sprawl on air pollution. These conclusions can provide some empirical support for solving the air pollution problems caused by urban sprawl in China.

The Impact of the Business Environment on the Formalization of Informal Firms. The Case of Kosovo

Südosteuropa ◽  
2020 ◽  
Vol 68 (4) ◽  
pp. 505-529
Author(s):  
Kujtim Zylfijaj ◽  
Dimitar Nikoloski ◽  
Nadine Tournois
Keyword(s):  
Negative Impact ◽  
Positive Impact ◽  
Business Environment ◽  
Positive Influence ◽  
Policy Implications ◽  
Tax Reforms ◽  
Firm Level ◽  
Characteristics Analysis ◽  
Significant Negative Impact ◽  
The Impact

AbstractThe research presented here investigates the impact of the business environment on the formalization of informal firms, using firm-level data for 243 informal firms in Kosovo. The findings indicate that business-environment variables such as limited access to financing, the cost of financing, the unavailability of subsidies, tax rates, and corruption have a significant negative impact on the formalization of informal firms. In addition, firm-level characteristics analysis suggests that the age of the firm also exercises a significant negative impact, whereas sales volume exerts a significant positive impact on the formalization of informal firms. These findings have important policy implications and suggest that the abolition of barriers preventing access to financing, as well as tax reforms and a consistent struggle against corruption may have a positive influence on the formalization of informal firms. On the other hand, firm owners should consider formalization to be a means to help them have greater opportunities for survival and growth.

Three strikes and you are out?

2017 ◽  
Vol 10 (4) ◽  
pp. 417-429 ◽  
Author(s):  
Michael Carriger
Keyword(s):  
Negative Impact ◽  
Univariate Analysis ◽  
Market Valuation ◽  
Financial Health ◽  
Content Type ◽  
Financial Measures ◽  
Significant Negative Impact ◽  
Three Strikes ◽  
Underlying Disorder ◽  
The Impact

Purpose Much has been written in both the management and finance literatures about the impact of downsizing on the financial health and market valuation of companies. However, surprisingly little attention has been paid to the frequency of downsizing and the impact of frequent downsizings. The purpose of this paper is to look at trends in downsizing, asking the question are companies that downsize once more likely to downsize again. The paper also looks at the impact of frequent downsizing, asking the question are frequent downsizers differentially impacted compared to less frequent downsizers. Design/methodology/approach Companies that appeared on the Fortune 500 in 2014 and were also on the list in 2008 were assessed for the impact of repeat downsizings on financial measures (profitability, efficiency, debt, and revenue) and market valuation. A trend analysis was conducted to assess the trend in downsizing and repeated downsizing from 2008 through 2014. A series of univariate analysis of variances were conducted to assess the impact of repeated downsizings on the financial and market valuation indicators. Findings Findings indicate that companies that downsize between 2008 and 2009 were more likely to downsize again in future years. And this repeat downsizing happened at a higher rate than would be expected by the percentage of companies that initially downsized. Findings also indicate that multiple downsizings had a significantly negative impact on the company’s financial performance as measured by two profitability ratios (return on assets and return on investment) and a borderline significant negative impact on the company’s market valuation as measured by stock equity, regardless of industry or initial financial health of the company. Originality/value Two competing theories were considered and the evidence found here support both. However, the “band-aid solution” theory, that downsizing may function as a band-aid addressing the symptoms that lead to the downsizing but not the underlying disorder or cause may be a more parsimonious explanation for the results here. It is hoped that these findings will inform both scholars and practitioners, giving both a clearer picture of the impact of multiple downsizings on corporate performance.

IMPACT OF FACEBOOK ADDICTION DISORDER (FAD) ON STUDY HABITS AND ACADEMIC ACHIEVEMENT OF ADOLESCENTS

2021 ◽  
pp. 195-207
Author(s):  
Shivani Vashishtha ◽  
Sona Ahuja ◽  
Mani Sharma
Keyword(s):  
Academic Achievement ◽  
Social Networking Sites ◽  
Negative Impact ◽  
Age Groups ◽  
Negative Influence ◽  
Study Habits ◽  
Study Habit ◽  
Significant Negative Impact ◽  
Facebook Addiction ◽  
The Impact

With the present era being technology driven, social media has become an indispensable part of many people irrespective of their age. Among different age groups, the maximum users are adolescents and among different social networking sites (SNS), Facebook shares the major part of usage by them. Many adolescents are tending towards excessive usage of Facebook leading to its addiction. Does this addiction have negative influence on adolescents or it actually helps them to keep up with their counterparts and be socially connected to them for their betterment? This question is unanswered specifically when it concerns the impact that it has on the study habits and academic achievement of adolescents. The hypotheses were tested in order to explore the impact of six dimensions (mood modification, deficient self-regulations, salience, loss of control, withdrawal, and relapse) of Facebook Addiction Disorder (FAD) using Bergens' Facebook Addiction Scale (BFAS), developed by Andreassen (2012). The results are based on the survey conducted on 200 adolescents studying in different schools of India. The findings indicate that there is a significant negative impact of Facebook Addiction Disorder (FAD) on study habits and academic achievement of adolescents. The major implication derived is that the higher the addiction to Facebook the study habit become poor and academic achievement decreases resulting in lower grades.

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