scholarly journals Economic crisis and security concerns of wholesalers in Eastern European and Central Asian countries

2019 ◽  
Vol 6 (2) ◽  
pp. 245-258 ◽  
Author(s):  
Ayse Nilgun Balas ◽  
Halil Dincer Kaya

We examine how the 2008-2009 global crisis affected wholesalers’ spending on security and their losses due to crime in Eastern European and Central Asian countries. The results indicate that a similar percentage of wholesalers paid for security pre- and post-crisis. The results also indicate that the wholesalers that paid for security spent less on security post-crisis. A higher percentage of the partnerships and the larger wholesalers spent money on security post-crisis when compared to the pre-crisis period. On the other hand, fewer shareholding firms with shares traded privately and fewer firms with one or more female owners spent money on security post-crisis when compared to pre-crisis. Especially smaller firms, firms that are not part of a larger firm and sole proprietorships spent less on security post-crisis. Also, fewer wholesalers experienced losses due to crime post-crisis when compared to the pre-crisis period. Finally, our results indicate that, after the crisis, crime was seen as less of an obstacle by these firms.

2013 ◽  
Vol 113 (1) ◽  
pp. 5-32
Author(s):  
Norbert Potori ◽  
Andrew F. Fieldsend ◽  
Róbert Garay ◽  
József Popp ◽  
Gábor Udovecz

Author(s):  
Wali I. Mondal

The Union of Soviet Socialist Republics broke down in 1991 giving birth to 15 Newly Independent States. Soon after independence, all post-Soviet states engaged in reforming their economies by abandoning the Gosplan-style central planning. In their quest for economic growth, all 15 States formed trade unions; however, these trade unions did not lead to any significant regional growth. On the other hand, both group-based and individual microcredit operations, conducted through microfinance institutes succeeded in four out of the five post-Soviet Central Asian Countries. This paper analyzed 43 microfinance institutes in 4 post-Soviet Central Asian Countries and found that there was significant prospect for the development of microentrepreneurship in the region. In order to promote economic growth, the author recommends formation of a consortium of microfinance institutes in the region with membership of all five countries. Further studies are needed to ascertain the growth prospect of the post-Soviet Central Asian Countries through the development of microentrepreneurship.


2019 ◽  
Vol 12 (3) ◽  
pp. 122 ◽  
Author(s):  
Viktoriia Koilo

This study aims to investigate the relationship of economic development, measured as economic growth, energy use, trade and foreign direct investment, on the one hand, and environmental degradation (carbon dioxide (hereafter CO2) emissions), on the other hand, in eleven emerging Eastern European and Central Asian countries during the period of 1990 to 2014. The empirical results give an evidence of a carbon emission Kuznets curve for these emerging economies. The current income level indicates that not every country has reached the turning point for CO2 emissions reductions. Income elasticities for CO2 are positive for all eleven countries. The paper concludes that within the group, Ukraine and Kazakhstan have the most sensitive change in economic growth in respect to CO2. In addition, it concludes that there is a negative effect of total energy consumption on environment as such consumption increases CO2 emissions. The results also show a positive effect of foreign direct investment (FDI) on CO2 emissions in Eastern European and Central Asian countries. It is expected that the innovative transition to a low-carbon economy offers great opportunities for economic growth and job creation. Technological leadership (the initiative Industry 4.0) should be accompanied by the development and introduction of new technologies throughout Eastern European and Central Asian countries, hence, the paradigm of “sustainable development” should be considered as fatal. Furthermore, Eastern European and Central Asian economies should consider the experience of policy making implications made by other developing countries in gaining sustainable growth. Econometric analyses prove the existence of different impact on energy consumption of the ICT sector, which plays a key supporting role for intelligent manufacturing. Thus, there is a need for further investigations of the relationship between technology use and CO2 emissions.


Author(s):  
Manzoor Ahmad

The chapter gives an overview of the Chinese investments in the Central Asian states and also provides an in-depth analysis of the China Pakistan Economic Corridor (or CPEC). These investments constitute important components of China’s three-pronged investment strategy comprising bilateral, regional, and global tracks. The roads, rails and pipelines not only ensure supply of energy resources from and through these countries but also enable China and these countries to become connected to Europe, Middle East, and Africa through alternative routes. Moreover, linking of these countries through BRI also provides the landlocked Central Asian countries access to open seas. The chapter also discusses the challenges that will have to be addressed to make the China-Pakistan Economic Corridor a success that can be replicated in the other five main corridors.


Author(s):  
Tokhir S. Kalandarov

Today there are hundreds of papers published on the problem of labor migration from Central Asian countries, its political, social and economic aspects, as well as on the problem of integration and adaptation of migrants in the Russian society. However, the topic of migrant poetry is still poorly studied in Russia. At least there is no such research on Tajik labor migrants. The genres of Tajik migrant poetry vary significantly and include such forms as love poems, political songs, songs about migration hardships, religious poems. This paper is based on the results of monitoring social networks «Odnoklassniki», «Facebook», as well as on the results of personal communication and interviews with poets. In the paper we use the poems of three authors written in Tajik, Russian and Shugnani languages. The semantic translation from Tajik and Shugnani was done by the author of this paper


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