scholarly journals Strategi UMKM untuk Meningkatkan Perekonomian selama Pandemi Covid-19 pada saat New Normal

2020 ◽  
Vol 5 (1) ◽  
pp. 46-62
Author(s):  
Safira Aliyani Firdaus ◽  
Igo Fadilah Ilham ◽  
Liza Putri Aqidah ◽  
Safir Aliyani Firdaus ◽  
Setyani Agung Dwi Astuti ◽  
...  
Keyword(s):  
Business Cycle ◽  
New Normal ◽  
The Business Cycle ◽  
The Government ◽  
The Impact

This study aims to determine and analyze the appropriate strategies to improve the economy of MSMEs when new normal is applied due to the impact of the Covid-19 pandemic.. The results obtained from this study indicated that there was a need for fast, precise and tangible steps from the government and business actors to overcome the losses that have occurred due to the pandemic and to make updates and evaluations of the business cycle following the current conditions so that businesses can continue to survive and develop.

scholarly journals The Culinary Sector MSME Survival Strategy in Effort to Restore Populist Economy Based on the Creative Industry during the Covid-19 Pandemic

2021 ◽  
Vol 1 (1) ◽  
pp. 7
Author(s):  
Mangasi Sinurat ◽  
Lilinesia Lilinesia ◽  
M Subhan ◽  
Amsyal Simanjuntak
Keyword(s):  
Business Cycle ◽  
Research Method ◽  
Current Situation ◽  
Economic Recovery ◽  
Creative Industry ◽  
Survival Strategy ◽  
New Normal ◽  
The Business Cycle ◽  
The Government ◽  
The Impact

This study aims to identify and analyze strategies to improve the economic recovery of MSMEs in the culinary sector during the Covid-19 pandemic and when the new normal era was implemented due to the impact of the Covid19 pandemic. The research method used is descriptive qualitative method.The results obtained from this study indicate that there is a need for quick, precise and real steps from the government and business actors to overcome the losses that have occurred due to the pandemic as well as updating and evaluating the business cycle following the current situation. happens so that the business can continue to survive and grow.

scholarly journals Threshold Effect of the Government Intervention in the Relationship Between Business Cycle and Population Health: Evidence From China

2021 ◽  
Vol 9 ◽  
Author(s):  
Kuang-Cheng Chai ◽  
Yang Yang ◽  
Zhen-Xin Cui ◽  
Yang-Lu Ou ◽  
Ke-Chiun Chang
Keyword(s):  
Business Cycle ◽  
Population Health ◽  
Government Intervention ◽  
Threshold Value ◽  
Threshold Effect ◽  
Chinese Government ◽  
The Business Cycle ◽  
The Government ◽  
The Impact ◽  
The Relationship

China is an emerging country, and government intervention is always considered as an important part of the solutions when people facing challenges in China. Under the impact of the coronavirus disease 2019 (COVID-19) epidemic and the global economic downturn, the Chinese government quickly brought the epidemic under control and restored the positive economic growth through strong intervention. Based on the panel data of provincial level in China and the government intervention as the threshold variable, this paper empirically analyzed the non-linear effect of business cycle on population health by using the panel threshold regression model. The empirical results show that the impact of the business cycle on population health is significantly negative, and government intervention has a single threshold effect on the relationship between business cycle and population health. When the government intervention is below the threshold value, the business cycle has a significant negative effect on the improvement of the population health level; when the level of government intervention exceeds the threshold value, the relationship between business cycle and population health becomes significantly positive. To some extent, the conclusions of this paper can guide the formulation and revision of government health policy and help to adjust the direction and intensity of government intervention. The Chinese government and other governments of emerging countries should do more to harness the power of state intervention in their response to the business cycle.

scholarly journals PEMBERDAYAAN MASYARAKAT MELALUI BUDIDAYA JAMUR TIRAM UNTUK MEWUJUDKAN KEMANDIRIAN BERWIRAUSAHA DI ERA NEW NORMAL PADA KELOMPOK WANITA TANI (KWT) MAJU BERSAMA DUSUN PELEMPAT KABUPATEN LOMBOK BARAT

2021 ◽  
Vol 1 (1) ◽  
pp. 1-10
Author(s):  
Mey Susanti AS ◽  
Dewi Rispawati ◽  
Basuki Srihermanto ◽  
Suryaningsih
Keyword(s):  
Health Sector ◽  
Monitoring And Evaluation ◽  
Women Farmers ◽  
New Normal ◽  
Community Activities ◽  
First Case ◽  
The Family ◽  
High Motivation ◽  
The Government ◽  
The Impact

Indonesia reported the first case of Covid-19 on March 2, 2020. Data as of March 31, 2020 showed that there were 1.528 confirmed cases and 136 deaths. The Covid-19 death rate in Indonesia is 8.9%, the highest in Southeast Asia. After confirming the first case, the Government of Indonesia took various countermeasures to reduce the impact of the Covid-19 pandemic in various sectors. Not only the health sector but also the economic sector has suffered no less serious impacts due to this pandemic. At the family level, the small and middle levels of society become weak and decline, this is due to restrictions on community activities. Due to these conditions, it is necessary to make efforts that we must do to be able to restore the economic condition of the family by utilizing the potential that exists around it. This service was carried out at the Women Farmers Group called ‘Kelompok Wanita Tani (KWT) Maju Bersama’  Pelempat, Meninting Village, West Lombok District, West Nusa Tenggara Province. The method used in this activity is implemented in 4 (four) activity stages, namely 1) Preparation, 2) Socialization, 3) Activity Implementation, and 4) Monitoring and Evaluation. The results of the activity showed that members of  Kelompok Wanita Tani (KWT) Maju Bersama have understood the technique of developing oyster mushroom cultivation and have high motivation to become entrepreneurs through cultivating oyster mushrooms as well as making it to increase people's income in the New Normal Era of the Covid-19 pandemic.

The Impact of Fiscal Policy on Economic Activity over the Business Cycle: An Empirical Investigation in the Case of Algeria

2019 ◽  
Vol 15 (3) ◽  
Author(s):  
Abderrahim Chibi ◽  
Sidi Mohamed Chekouri ◽  
Mohamed Benbouziane
Keyword(s):  
Fiscal Policy ◽  
Business Cycle ◽  
Government Spending ◽  
Economic Recession ◽  
Policy Decision ◽  
Vector Autoregressive ◽  
Asymmetric Effects ◽  
The Business Cycle ◽  
The Right ◽  
The Impact

Abstract In this paper, we aim to analyze whether the effect of fiscal policy on economic growth in Algeria differs throughout the business cycle. To tackle this question, we use a Markov Switching Vector Autoregressive (MSVAR) framework. We find evidence of asymmetric effects of fiscal policy through regimes, defined by the state of the business cycle (recession and boom). The results show small positive government spending and revenue multipliers in the short term in both regimes. Most importantly, fiscal policy shocks have a stronger impact in times of economic recession than in times of expansion, which confirm the hypothesis of asymmetric effects. However, the impact of government spending is stronger than the impact of public revenue during recession periods. In addition, fiscal policy decision-makers interact with Anti-Keynesian view (pro-cyclical). Our results imply that there is something to gain by using the "right instrument" at the "right time".

Does business cycle heterogeneously impact on banks’ capital buffers, risk and financial stability in BRIC economies?

2020 ◽  
Vol 07 (04) ◽  
pp. 2050032
Author(s):  
Syed Moudud-Ul-Huq ◽  
Md. Nazmul Islam ◽  
Abdul Gaffar Khan ◽  
Md. Rostam Ali ◽  
Tanmay Biswas ◽  
...  
Keyword(s):  
Business Cycle ◽  
Financial Stability ◽  
Bric Countries ◽  
China And India ◽  
Adjustment Speed ◽  
The Business Cycle ◽  
Indian Banks ◽  
The Impact ◽  
The Relationship ◽  
India And China

This paper revisited the relationship between capital buffers and risk adjustments by showing the impact of the business cycle. Empirically, we used an unbalanced panel dataset from 426 banks of the BRIC countries (i.e., Brazil, Russia, India, and China) for the period 2007–2016. By using the two-step system GMM (2GMM), this study shows the results as: (i) capital buffers of Russia, India, and China behave counter-cyclically while it is pro-cyclical for Brazilian banks over the business cycle; (ii) in BRIC’s economy, credit risk, and bank financial stability is related to business cycle in counter and pro-cyclical fashion, respectively; (iii) capital buffers adjustment speed is the premier in China and India, shining banks accessibility to capital refill is much easier to Brazil and Russia. The adjustment speed is heterogeneous across countries; and (iv) financial stability in apex for the Chinese, Russian, and Indian banks apart from the Brazilian banks.

The role of non-formal lifelong learning at different points in the business cycle

2018 ◽  
Vol 39 (2) ◽  
pp. 334-352 ◽  
Author(s):  
Helena Corrales-Herrero ◽  
Beatriz Rodríguez-Prado
Keyword(s):  
Business Cycle ◽  
Lifelong Learning ◽  
Labour Market Situation ◽  
Content Type ◽  
The Great Recession ◽  
Market Situation ◽  
The Business Cycle ◽  
The Individual ◽  
The Unemployed ◽  
The Impact

Purpose Despite the widely recognised importance of lifelong learning, there are mixed results on its causal economic impact. The purpose of this paper is to investigate how economic conditions change the composition of participants in non-formal lifelong learning and whether the business cycle is relevant for the impact of non-formal lifelong learning on employability. Design/methodology/approach Non-linear decomposition techniques and matching estimators based on multidimensional covariates are applied to the Spanish sample of the European Adult Education Survey. The analysis controls for background, human capital and personal traits and draws a distinction between unemployed and employed workers. Findings The results show major differences in the volume and composition of participants before and during the Great Recession. In addition, there is a business cycle dependence of the effectiveness of non-formal lifelong learning that varies with the individual labour market situation. While lifelong learning proves more effective for the unemployed in recessions, for the employed the impact is greater in expansions. Originality/value The paper provides new evidence on the scant results of the moderating effect of the business cycle on the impact of lifelong learning. The analysis is not restricted to training implemented within public programmes, but rather extends to any kind of non-formal lifelong learning undertaken by unemployed and employed workers. In this sense, the analysis provides information about the optimal moment to invest in lifelong learning from both the policymaker and individual as well as firm perspective.

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