scholarly journals Prospects of China-Mongolia-Russia trade in the light of the COVID-19 pandemic

R-Economy ◽  
2021 ◽  
Vol 7 (3) ◽  
pp. 192-199
Author(s):  
Xiujie Zhang ◽  

Relevance. China, Mongolia, and Russia are among each other’s major trade partners. The COVID-19 pandemic has had a large impact on global trade, which creates the need to analyze further prospects of the trilateral cooperation between China, Mongolia and Russia. Research objective. This study aims to analyze China-Mongolia-Russia trade cooperation in the context of the COVID-19 pandemic. Data and methods. This article applies a comparative analysis method to examine the development and changes in import and export trade between China, Mongolia, and Russia before and after the beginning of the project of the China-Mongolia-Russia Economic Corridor, from 2014 to 2020. The research relies on the data from the China Trade and Foreign Economy Statistical Yearbook, Northeast Asia Economic Statistics of Sea of Japan Economic Research Institute, Ministry of Commerce of the People's Republic of China, Russian Customs, and National Bureau of Statistics of Mongolia. Results. Along with the realization of the medium and short-term goal of raising the volume of trade turnover within the Corridor, the three countries seek to play more and more important roles as each other’s trade partners. It is observed that the impact of the COVID-19 pandemic on the volume of trade has not been significant, and thus the fundamental premises of trilateral trade cooperation have remained largely unchanged. Conclusions. To increase the volume of trade between China, Mongolia and Russia, it is necessary to improve the trade structure, reduce tariffs, establish free trade areas and actively promote the diversification of trade cooperation.

Subject The impact of contraception use in countries. Significance The growing use of contraception worldwide has had major effects on economic development and maternal and child survival. According to a 2012 comprehensive study from Johns Hopkins University, contraception use has cut maternal deaths by 44% since 2008, and could lead to an additional reduction of 29% if the current levels of unmet contraceptive need were met. The US National Bureau of Economic Research assessed in 1997 that fertility declines contributed significantly to rapid economic growth in East Asia. However, with growing inequity and government austerity measures, many nations in Latin America, Africa, and Europe are stagnating in their progress to improve contraception rates. Impacts Improved access to contraception will decrease maternal deaths related to unwanted pregnancies. Families can better support fewer children, so falling birth rates would also improve child survival rates. This would also lead to more children in school, improving national rates of universal education. However, family planning programmes perceived to be anti-poor will prove politically controversial.


2021 ◽  
Vol 39 (28_suppl) ◽  
pp. 39-39
Author(s):  
Pragya Kakani

39 Background: Public reports suggest increasing integration of in-house specialty pharmacies by independent and system-based oncology practices. Understanding the impact of such integration has important implications for state-level regulations limiting physicians’ ability to launch pharmacies in certain states and policies governing pharmacy network design. In this analysis, I document the growth of in-house pharmacies and estimate the impact of this growth on oral cancer drug use and quality. Methods: I used 2006-2017 data from Medicare Fee-for-Service and Part D claims, pharmacy names and characteristics from health plan pharmacy network lists and the National Plan and Provider Enumeration System, and a unique Health System and Practice Dataset, developed by National Bureau of Economic Research and Harvard University researchers, that tracks practice ownership relationships. I first linked physician organizations and pharmacies that they operate using a novel claims-based algorithm combining information on pharmacy characteristics, similarities in names of practices and pharmacies, and the share of total pharmacy spending attributable to a single practice or system. I then used an event study approach to compare oral oncolytic use and quality at practices launching a pharmacy between 2009 to 2014 compared with matched controls. Outcomes included total spending on oral oncolytics, use of oral drugs when an intravenous equivalent exists (capecitabine and 5-fluoruracil), timeliness of new prescription fills (# days from first fill to last office visit), medication adherence, and early discontinuation of lenalidomide, tyrosine kinase inhibitors, aromatase inhibitors, tamoxifen, enzalutamide, and abiraterone. Results: The number of independent or system-based oncology practices with an in-house pharmacy filling any oncology prescriptions increased from 135 in 2006 to 442 in 2017. In that time, the share of Medicare Part D spending on oral oncolytics filled at in-house pharmacies increased from 4% in 2006 to 27% in 2017. The launch of an in-house pharmacy was not associated with an overall increase in spending on oral oncolytics, but was associated with a 4.5 percentage point (p =.01) increase in the use of capecitabine relative to 5-fluorouracil, within 2 years of launch. In-house pharmacies were associated with a modest decrease in the time to fill an initial prescription (2.4 days, p <.001) within 2 years of launch, but no improvements in adherence or reductions in early discontinuation. Conclusions: There has been substantial growth in the use of in-house pharmacies in oncology in recent years. Having an in-house pharmacy only had modest effects on cost and quality. Policymakers should therefore approach claims that in-house pharmacies meaningfully impact cost and quality with caution.


2013 ◽  
Vol 51 (1) ◽  
pp. 208-209

David Grover of London School of Economics reviews, “The Rate and Direction of Inventive Activity Revisited” edited by Josh Lerner and Scott Stern. The EconLit abstract of this book begins: “Thirteen papers, based on the proceedings of the National Bureau of Economic Research 50th Anniversary Conference in honor of the 1962 volume The Rate and Direction of Inventive Activity: Economic and Social Factors, held in Warrenton, Virginia, in the Fall of 2010, plus thirteen comments, present theoretical and empirical contributions to fundamental questions relating to the economics of innovation and technological change, while revisiting the findings of the 1962 work. Papers discuss funding scientific knowledge—selection, disclosure, and the public-private portfolio; the diffusion of scientific knowledge across time and space—evidence from professional transitions for the scientific elite; the effects of the Foreign Fulbright Program on knowledge creation in science and engineering; Schumpeterian competition and diseconomies of scope—illustrations from the histories of Microsoft and IBM; how entrepreneurs affect the rate and direction of inventive activity; diversity and technological progress; how competition policy best promotes innovation; the effects of the Plant Patent Act on biological innovation; the rate and direction of invention in the British Industrial Revolution—incentives and institutions; the confederacy of heterogeneous software organizations and heterogeneous developers—field experimental evidence on sorting and worker effort; the consequences of financial innovation—a counterfactual research agenda; the adversity/hysteresis effect— Depression-era productivity growth in the U.S. railroad sector; and the recombination and reuse of key general purpose technologies. Includes three panel discussions from the 2010 conference that discuss the impact of the 1962 Rate and Direction volume—a retrospective; innovation incentives, institutions, and economic growth; and the art and science of innovation policy. Lerner is Jacob H. Schiff Professor of Investment Banking in the Harvard Business School at Harvard University. Stern is School of Management Distinguished Professor of Technological Innovation, Entrepreneurship, and Strategic Management in the Sloan School of Management at the Massachusetts Institute of Technology. Author and subject indexes.””


2005 ◽  
Vol 5 (4) ◽  
pp. 1850077 ◽  
Author(s):  
Thea Lee

A commentary on the Doha Development Round by a representative of the AFL-CIO. Thea Lee is Policy Director at the AFL-CIO in Washington, D.C., where she oversees research and strategies on domestic and international economic policy. Previously, she worked as an international trade economist at the Economic Policy Institute in Washington, D.C. and as an editor at Dollars & Sense magazine in Boston. Lee is co-author of A Field Guide to the Global Economy, published by the New Press. Her research projects include reports on the North American Free Trade Agreement, the impact of international trade on U.S. wage inequality, and the domestic steel and textile industries. She has testified before several committees of the U.S. House of Representatives and the Senate on various trade topics. She serves on several advisory committees, including the State Department Advisory Committee on International Economic Policy and the Export-Import Bank Advisory Committee. She is also on the Board of Directors of the Worker Rights Consortium and the National Bureau of Economic Research. She received a Bachelor’s degree from Smith College and a Master’s degree in economics from the University of Michigan.


Author(s):  
Ramli Hassan ◽  
Mohammad Haji Alias

The global economy is reeling from the effects of financial crisis which led to an economic crisis triggered by the United States sub-prime mortgage crisis which started in late 2007. The sharp inflation in petroleum and food prices in the first half of 2008 also compounded the problem. The National Bureau of Economic Research (NBER) had declared that the US economy had been in recession since December 2007. Contraction in the growth rates of major developed economies thereby causing global trade in goods and services to plummet has affected open economies including Malaysia. Last year Malaysian GDP grew by about 4.6% over 2007. An ominous sign that economic growth in 2009 would be low or even negative was the 0.1% growth in GDP in the fourth quarter of 2008 compared to the same quarter in 2007. This was due mainly to a 40% drop in net exports. The slow down in growth has affected all sectors of the economy. Education in general and higher education in particular are not spared. Higher education has to compete for scarce public funds. The main objective of this paper is to understand the impact of the global economic crisis on higher education in Malaysia. A better understanding is imperative in order to prepare for the challenges ahead. The challenges ahead are within the framework of the new economic model being formulated by the government in order to lift Malaysia into a high income country within a decade. A major critical success factor is the implementation of an effective human capital development strategy.   Keywords: Economic crisis; higher education; recession.


2020 ◽  
Vol 36 (4) ◽  
pp. 653-674
Author(s):  
Elena Zhiryaeva ◽  
◽  
Nikolai Svetlov ◽  

This paper contributes to the methodology of trade policy analysis, specifically to the assessments of non -tariff measures. To quantifying the effects of these measures, the proportion between the variables of two gravity equations, describing the situation before and after the embargo is used. The ratio of imports per unit of the supplier’s GDP over the two compared periods (2013 and 2017) is different for two groups of trade partners, one of which includes free-trade partners while the other spans the rest of the world (with some exceptions). In the presence of the embargo the gap in the average imports per unit of the supplier’s GDP between the two groups is wider. This is a consequence of the emergence of a new trade barrier. This gap allows us to indirectly quantify the trade bans via their tariff equivalent. In this study the methodology is applied to the case of food and agricultural imports. Fish, as well as other products outside chapters 1–24 of Harmonized commodity description and coding system, are excluded. The hypothesis of the study is that the impact of the embargo on the food and agricultural imports does not exceed that of tariff and phytosanitary measures. The study rejects this hypothesis and concludes that the embargo establishes a prohibitive level of protection.


BMC Medicine ◽  
2021 ◽  
Vol 19 (1) ◽  
Author(s):  
Nuru Saadi ◽  
Y-Ling Chi ◽  
Srobana Ghosh ◽  
Rosalind M. Eggo ◽  
Ciara V. McCarthy ◽  
...  

Abstract Background How best to prioritise COVID-19 vaccination within and between countries has been a public health and an ethical challenge for decision-makers globally. We reviewed epidemiological and economic modelling evidence on population priority groups to minimise COVID-19 mortality, transmission, and morbidity outcomes. Methods We searched the National Institute of Health iSearch COVID-19 Portfolio (a database of peer-reviewed and pre-print articles), Econlit, the Centre for Economic Policy Research, and the National Bureau of Economic Research for mathematical modelling studies evaluating the impact of prioritising COVID-19 vaccination to population target groups. The first search was conducted on March 3, 2021, and an updated search on the LMIC literature was conducted from March 3, 2021, to September 24, 2021. We narratively synthesised the main study conclusions on prioritisation and the conditions under which the conclusions changed. Results The initial search identified 1820 studies and 36 studies met the inclusion criteria. The updated search on LMIC literature identified 7 more studies. 43 studies in total were narratively synthesised. 74% of studies described outcomes in high-income countries (single and multi-country). We found that for countries seeking to minimise deaths, prioritising vaccination of senior adults was the optimal strategy and for countries seeking to minimise cases the young were prioritised. There were several exceptions to the main conclusion, notably that reductions in deaths could be increased if groups at high risk of both transmission and death could be further identified. Findings were also sensitive to the level of vaccine coverage. Conclusion The evidence supports WHO SAGE recommendations on COVID-19 vaccine prioritisation. There is, however, an evidence gap on optimal prioritisation for low- and middle-income countries, studies that included an economic evaluation, and studies that explore prioritisation strategies if the aim is to reduce overall health burden including morbidity.


2021 ◽  
Author(s):  
Nuru Saadi ◽  
Y-Ling Chi ◽  
Srobana Ghosh ◽  
Rosalind M Eggo ◽  
Ciara McCarthy ◽  
...  

Background: How best to prioritise COVID-19 vaccination within and between countries has been a public health and an ethical challenge for decision-makers globally. We systematically reviewed epidemiological and economic modelling evidence on population priority groups to minimise COVID-19 mortality, transmission and morbidity outcomes. Methods: We searched the National Institute of Health iSearch COVID-19 Portfolio (a database of peer-reviewed and pre-print articles), Econlit, the Centre for Economic Policy Research and the National Bureau of Economic Research for mathematical modelling studies evaluating the impact of prioritising COVID-19 vaccination to population target groups. We narratively synthesised the main study conclusions on prioritisation and the conditions under which the conclusions changed. Findings: The search identified 1820 studies. 36 studies met the inclusion criteria and were narratively synthesised. 83% of studies described outcomes in high-income countries. We found that for countries seeking to minimise deaths, prioritising vaccination of senior adults was the optimal strategy and for countries seeking to minimise cases the young were prioritised. There were several exceptions to the main conclusion, notably reductions in deaths could be increased, if groups at high risk of both transmission and death could be further identified. Findings were also sensitive to the level of vaccine coverage. Interpretation: The evidence supports WHO SAGE recommendations on COVID-19 vaccine prioritisation. There is however an evidence gap on optimal prioritisation for low- and middle- income countries, studies that included an economic evaluation, and studies that explore prioritisation strategies if the aim is to reduce overall health burden including morbidity.


2018 ◽  
Vol 22 (3) ◽  
pp. 678-695 ◽  
Author(s):  
Mahmoud Ibrahim Fallatah

Purpose The purpose of the study is to examine the relationship between the value of created knowledge and financial performance. It also assesses how knowledge breadth moderates the aforementioned relationship. Design/methodology/approach Focusing on the US biotechnology industry, the study matches patents data from the National Bureau of Economic Research and the United States Patent and Trademark Office with firms’ data from COMPUSTAT. Generalized least squares estimation is used as an analytical technique, and random-effects models are used to evaluate effects of the independent variables based on both within- and between-organization variances. Findings The findings reveal that biotechnological firms that create knowledge of higher values are likely to have higher financial performance than those creating knowledge of less value. Moreover, knowledge breadth is shown to positively moderate the relationship between knowledge value and firm performance. Research limitations/implications Some of the limitations include not controlling for more firm-related and environmental factors that might have influenced firm performance. Practical implications The study provides evidence that the quality of knowledge should be significantly considered when creating new knowledge. That is, managers should prioritize the creation of highly valuable knowledge, even if it occasionally results in creating fewer numbers of patents. The paper also suggests that creating valuable knowledge that is broad and flexible should be an important objective for managers as it provides more opportunities to generate future rents. Originality/value The study emphasizes how the value of created knowledge impacts the financial performance of firms. It also illustrates how knowledge breadth moderates that relationship. The paper contributes to a stream of research that links knowledge management abilities and firm performance.


2018 ◽  
Vol 15 (1) ◽  
pp. 55-72
Author(s):  
Herlin Hamimi ◽  
Abdul Ghafar Ismail ◽  
Muhammad Hasbi Zaenal

Zakat is one of the five pillars of Islam which has a function of faith, social and economic functions. Muslims who can pay zakat are required to give at least 2.5 per cent of their wealth. The problem of poverty prevalent in disadvantaged regions because of the difficulty of access to information and communication led to a gap that is so high in wealth and resources. The instrument of zakat provides a paradigm in the achievement of equitable wealth distribution and healthy circulation. Zakat potentially offers a better life and improves the quality of human being. There is a human quality improvement not only in economic terms but also in spiritual terms such as improving religiousity. This study aims to examine the role of zakat to alleviate humanitarian issues in disadvantaged regions such as Sijunjung, one of zakat beneficiaries and impoverished areas in Indonesia. The researcher attempted a Cibest method to capture the impact of zakat beneficiaries before and after becoming a member of Zakat Community Development (ZCD) Program in material and spiritual value. The overall analysis shows that zakat has a positive impact on disadvantaged regions development and enhance the quality of life of the community. There is an improvement in the average of mustahik household incomes after becoming a member of ZCD Program. Cibest model demonstrates that material, spiritual, and absolute poverty index decreased by 10, 5, and 6 per cent. Meanwhile, the welfare index is increased by 21 per cent. These findings have significant implications for developing the quality of life in disadvantaged regions in Sijunjung. Therefore, zakat is one of the instruments to change the status of disadvantaged areas to be equivalent to other areas.


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