scholarly journals THE FACTORS OF POST-COVID RECOVERY IN THE GROWTH OF UKRAINIAN ECONOMY IN 2021-2022

2021 ◽  
Vol 2021 (2) ◽  
pp. 52-68
Author(s):  
Hanna Yatsenko ◽  
◽  

Given the negative impact of the COVID-19 pandemic on the global economy, the study focuses on the higher risk of negative long-term consequences of the pandemic in developing economies (particularly in Ukraine). This is due to the limited fiscal support of economies in these countries, in contrast to the numerous measures taken by the governments of developed countries to support citizens and businesses during the corona crisis. The devastating long-term effects of the coronary crisis on the economies and populations of poorer countries will continue until governments take steps towards economic recovery and promotion of economic growth. Based on the identification of the main drivers of economic growth in Ukraine in 2016-2019, as well as the generalization of the experience of post- COVID economic recovery in other countries (including Australia, USA, EU, Japan and advanced Asian countries), the study proposes ways to restore Ukraine’s economy and minimize adverse effects of the COVID-19 pandemic. The author proposes to promote the recovery of the Ukrainian economy through expanding domestic (both consumer and investment) demand and intensifying innovation-based development. As shown by the analysis of international experience, consumer demand under the pandemic conditions should be encouraged, in particular through the development of domestic tourism; assistance to small businesses in diversifying their sales channels; promotion of demand in the online market. The author points out that in order to promote investment demand it is necessary to emphasize the development of infrastructure, introduction of temporary investment incentives, and transfer of losses received in previous tax periods. It is proposed to intensify the innovative development of Ukraine by creating an environment favorable to the development of small innovative enterprises (startups), increasing research and development costs, and integrating business, education, and research organizations.

2021 ◽  
Vol 2021 (2) ◽  
pp. 45-59
Author(s):  
Yatsenko Hanna ◽  
◽  

Given the negative impact of the COVID-19 pandemic on the global economy, the study focuses on the higher risk of negative long-term consequences of the pandemic in developing economies (particularly in Ukraine). This is due to the limited fiscal support of economies in these countries, in contrast to the numerous measures taken by the governments of developed countries to support citizens and businesses during the corona crisis. The devastating long-term effects of the coronary crisis on the economies and populations of poorer countries will continue until governments take steps towards economic recovery and promotion of economic growth. Based on the identification of the main drivers of economic growth in Ukraine in 2016-2019, as well as the generalization of the experience of post-COVID economic recovery in other countries (including Australia, USA, EU, Japan and advanced Asian countries), the study proposes ways to restore Ukraine’s economy and minimize adverse effects of the COVID-19 pandemic. The author proposes to promote the recovery of the Ukrainian economy through expanding domestic (both consumer and investment) demand and intensifying innovation-based development. As shown by the analysis of international experience, consumer demand under the pandemic conditions should be encouraged, in particular through the development of domestic tourism; assistance to small businesses in diversifying their sales channels; promotion of demand in the online market. The author points out that in order to promote investment demand it is necessary to emphasize the development of infrastructure, introduction of temporary investment incentives, and transfer of losses received in previous tax periods. It is proposed to intensify the innovative development of Ukraine by creating an environment favorable to the development of small innovative enterprises (startups), increasing research and development costs, and integrating business, education, and research organizations.


2017 ◽  
pp. 62-74 ◽  
Author(s):  
P. Kartaev

The paper presents an overview of studies of the effects of inflation targeting on long-term economic growth. We analyze the potential channels of influence, as well as modern empirical studies that test performance of these channels. We compare the effects of different variants of inflation targeting (strict and mixed). Based on the analysis recommendations on the choice of optimal (in terms of stimulating long-term growth) regime of monetary policy in developed and developing economies are formulated.


INFO ARTHA ◽  
2017 ◽  
Vol 1 ◽  
pp. 17-28
Author(s):  
Anisa Fahmi

Motivated by inter-regional disparities condition that occurs persistently, this study examines the Indonesian economy in the long run in order to know whether it tends to converge or diverge. This convergence is based on the Solow Neoclassical growth theory assuming the existence of diminishing returns to capital so that when the developed countries reach steady state conditions, developing countries will continuously grow up to 'catch-up' with developed countries. Based on regional economics perspective, each region can not be treated as a stand-alone unit,therefore, this study also focuses on the influence of spatial dependency and infrastructure. Economical and political situations of a region will influence policy in that region which will also have an impact to the neighboring regions. The estimation results of spatial cross-regressive model using fixed effect method consistently confirmed that the Indonesian economy in the long term will likely converge with a speed of 8.08 percent per year. Other findings are road infrastructure has a positive effect on economic growth and investment and road infrastructure are spatially showed a positive effect on economic growth. In other words, the investment and infrastructure of a region does not only affect the economic growth of that region but also to the economy of the contiguous regions. 


2018 ◽  
Vol 13 (8) ◽  
pp. 217
Author(s):  
Japhet Jacksoni Katanga ◽  
Seleman Pharles

Globalization can be defined as the process based on international cooperation strategies, the aims of globalization is to expanded the operation of a certain business or service to become into a worldwide level, Globalization facilitate the modern advance technology which help community to undergo the social, political and economic development. Globalization economic has reinforced the margination for African developing economies and make to be dependent for the few primary commodities or service whereby the price and demand are extreme determine by externally. On this outcome it lead some of the African countries to be turn into poverty or economic inequality due let their own resources being determine by developed countries. On these paper you will get a chance to oversee the effect of adaption globalization to Tanzania economic growth.


1969 ◽  
Vol 9 (1) ◽  
pp. 14-34 ◽  
Author(s):  
Lloyd G. Reynolds

The less developed countries (LDC) present two kinds of challenge to economists. First, they invite us to develop hypotheses about how economic growth begins and about structural changes during the early decades of growth. Second, they provide a fresh terrain on which specialists in particular subject-matter areas can test accepted notions about economic behaviour. For investigations in labour economics, the structure of earnings provides a convenient starting point. (It is best to say "earnings" rather than "wages" because most workers in the LDC's are self-emplqyed.) Analysis of earnings requires an examination of manpower supplies and requirements. This leads into the economics of agriculture, industry, government, and other labour demanding sectors on one side, and into a study of education and other skill-producing agencies, on the other. Thus by starting with the earnings structure, one is led rather directly into the heart of the economy.


PLoS ONE ◽  
2021 ◽  
Vol 16 (4) ◽  
pp. e0248743
Author(s):  
Md Mazharul Islam ◽  
Majed Alharthi ◽  
Md Wahid Murad

Objective While macroeconomic and environmental events affect the overall economic performance of nations, there has not been much research on the effects of important macroeconomic and environmental variables and how these can influence progress. Saudi Arabia’s economy relies heavily on its vast reserves of petroleum, natural gas, iron ore, gold, and copper, but its economic growth trajectory has been uneven since the 1990s. This study examines the effects of carbon emissions, rainfall, temperature, inflation, population, and unemployment on economic growth in Saudi Arabia. Methods Annual time series dataset covering the period 1990–2019 has been extracted from the World Bank and General Authority of Meteorology and Environmental Protection, Saudi Arabia. The Autoregressive Distributed Lag (ARDL) approach to cointegration has served to investigate the long-run relationships among the variables. Several time-series diagnostic tests have been conducted on the long-term ARDL model to check its robustness. Results Saudi Arabia can still achieve higher economic growth without effectively addressing its unemployment problem as both the variables are found to be highly significantly but positively cointegrated in the long-run ARDL model. While the variable of carbon emissions demonstrated a negative effect on the nation’s economic growth, the variables of rainfall and temperate were to some extent cointegrated into the nation’s economic growth in negative and positive ways, respectively. Like most other nations the short-run effects of inflation and population on economic growth do vary, but their long-term effects on the same are found to be positive. Conclusions Saudi Arabia can achieve both higher economic growth and lower carbon emissions simultaneously even without effectively addressing the unemployment problem. The nation should utilize modern scientific technologies to annual rainfall losses and to reduce annual temperature in some parts of the country in order to achieve higher economic growth.


2020 ◽  
Vol 66 (4) ◽  
pp. 291-318
Author(s):  
Mihai Mutascu ◽  
Scott W. Hegerty

The paper analyzes the interaction between capital-flow volatility and trade openness in five developed economies and four emerging markets by applying wavelet analysis over the period from 1990Q1 to 2017Q1. The main findings reveal that, in the medium term, capital-flow volatility drives trade openness in emerging markets and developing economies. Special attention should be paid to developed countries during the 2008 economic crisis, when trade exposure is shown to have had significant effects on capital-flow volatility. In the long term, the direction of comovement is rather idiosyncratic in our set of emerging markets and developing countries. Moreover, in both groups of countries, the intensity and persistence of relationships are very sensitive to the volatility of real GDP and secondary to geopolitical risk and oil-price volatility.


Cancers ◽  
2019 ◽  
Vol 11 (11) ◽  
pp. 1669 ◽  
Author(s):  
Ayelet Alfasi ◽  
Irit Ben-Aharon

Breast cancer is the most common form of malignancy in pregnant women. The prevalence of pregnancy-associated breast cancer (PABC) is up to 0.04% of pregnancies and is expected to rise in developed countries. PABC represents a unique clinical scenario which requires a delicate balance of risks and benefits for both maternal and fetal well-being. Currently, there is paucity of data regarding the short- and long-term outcomes of in-utero exposure to anti-neoplastic agents. In general, when possible, treatment for PABC should follow the same guidelines as in non-pregnant patients. Surgery, including sentinel lymph node biopsy, is possible during all trimesters of pregnancy. Radiotherapy is contraindicated during pregnancy, although it might be considered in highly selected patients based on risk–benefit assessment. Evidence supports that administration of chemotherapy may be safe during the second and third trimesters, with cessation of treatment three weeks prior to expected delivery. Currently, hormonal therapy and anti-HER2 agents are contraindicated during pregnancy and should be postponed until after delivery. Prematurity is associated with worse neonatal and long-term outcomes, and thus should be avoided. While current data on the long-term effects of anti-neoplastic treatments are reassuring, grade of evidence is lacking, hence additional large prospective studies with long-term follow-up are essential to rule out any treatment-induced adverse effects.


Author(s):  
Ing-wei Huang ◽  
Songsak Vanichviroon

As the trend of ICT development is gaining larger influence over countries’ development and growth, e-commerce plays an important role in enhancing the growth of several developed and developing economies over the 21st century. This paper aims to build the analytical base to support the importance of the development of e-commerce. This is by investigating the role and contribution of e-commerce to economic growth and development. The paper first investigates past contribution of e-commerce to economic growth in developed countries. Second, past research findings and framework are utilized to investigate the contribution of e-commerce towards economic growth focusing on the case of e-commerce in Thailand. The study found that e-commerce plays an important role in enhancing economic growth of Thailand. Two important findings had supported the growth of e-commerce. First is the increase in sales generated by the use of e-commerce. Second, e-commerce induces productivity development of firms through higher competition and innovation.


2020 ◽  
Vol 13 (2) ◽  
pp. 26
Author(s):  
Ivana Brkić ◽  
Nikola Gradojević ◽  
Svetlana Ignjatijević

This paper analyzes the impact of economic freedom along with traditional economic factors on economic growth for a panel of European countries. The growth of the gross domestic product was observed over a twenty-year time period on a sample of 43 developing and developed countries. Based on a robust dynamic panel setting, we conclude that increases in economic freedom as expressed by the Index of Economic Freedom/Heritage Foundation (but not its levels) are related to economic growth. The EU membership status either had no effect or it curbed the effect of the economic freedom on growth. We also find that the subprime economic crisis of 2008–2009 exerted a negative impact on the growth of European economies.


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