scholarly journals Recovery After the Covid-19 Pandemic: the Case of Peruvian Tourism

2021 ◽  
Vol 4 (1) ◽  
pp. 13
Author(s):  
Jorge Torres Zorrilla
Keyword(s):  
Economic Development ◽  
Global Economy ◽  
Economic Recession ◽  
Domestic Demand ◽  
The Other ◽  
Domestic Economy ◽  
Demand Growth ◽  
The North ◽  
External Demand ◽  
Tropical Coast

The situation Peru is facing with the global COVID-19 pandemic and the economic recession during this 2020 constitutes the worst crisis over the last 100 years. This economic recession has not happened since the crisis of 1980. GPD may decline by 15 % this year. Also, the perspective on global economy is terrible and a sharp contraction of global GDP is expected. On the other hand, the period between 2020 and 2021 will be considered as years of economic development lost. Specifically, receptive tourism in Peru is in danger of extinction because of the pandemic. Activity in the tourism market, which gives employment to 1.4 million people who are mainly women, is in total collapse. This article aims to make a proposal to help tourism sales recover their position as the most important section of service exports in Peru. The proposal is intended to encourage a non-traditional form of tourism in the tropical coast of the north of the country that should complement the traditional archeological tourism. The conclusions make emphasis on the fact that, at present, Peru is not exploiting its historical richness or using its comparative advantage in tourism, which could become a leading sector of domestic economy. Finally, our thesis is based on the notion that, from 2021 onwards, the recovery of the Peruvian economy must necessarily be based on exploiting the recovery of external demand rather than putting our trust in domestic demand growth.

Hong Kong’s Economy Treading on Slippery Ground

2019 ◽  
Vol 11 (01) ◽  
pp. 67-79
Author(s):  
Yang ZHANG ◽  
Sarah Y TONG
Keyword(s):  
Global Economy ◽  
Domestic Demand ◽  
Infrastructure Projects ◽  
Robust Performance ◽  
Economic Relations ◽  
Steady Growth ◽  
External Demand ◽  
New Challenges ◽  
Economic Ties ◽  
New Infrastructure

Hong Kong’s economy is projected to have grown by 3.2% in 2018, a moderation from a buoyant 3.7% in 2017. This relatively robust performance was sustained by healthy domestic demand and a steady growth in external demand. Economic ties with the Mainland continued to strengthen, with completed and new infrastructure projects. For 2019, however, Hong Kong’s economy faces new challenges, related both to uncertainties in the global economy and possible deterioration in China-US economic relations.

The Efficient Tariff: Systematically Balancing Security and Welfare Concerns

1992 ◽  
Vol 36 (1) ◽  
pp. 44-52
Author(s):  
Michael Ashton
Keyword(s):  
National Security ◽  
Domestic Demand ◽  
Welfare Cost ◽  
The Other ◽  
Economic Damage ◽  
Domestic Economy ◽  
Policy Responses ◽  
Disruption Risk ◽  
Risk Cost ◽  
Positive Effect

Imposing a tariff on imports of petroleum has two major effects that encourage conflicting public-policy responses. One effect is the well-documented welfare loss suffered by the domestic economy as a result of the tariff's distortional effects. The other effect is the potentially positive effect that a tariff can have on national security. When tariffs decrease, more of domestic demand is supplied by foreign suppliers—which increases the expected value of the economic damage caused by potential future embargoes. The author derives the equation for the “marginal disruption risk cost” and equates this to the marginal welfare cost to find an “efficient” tariff.

scholarly journals The Effect of Culture on Economic Development and Turkey-Russia Economic Relations

2013 ◽  
Author(s):  
Emine Ebru Usta
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Market Economy ◽  
Political System ◽  
World Economy ◽  
Social Systems ◽  
Economic Recession ◽  
The Other ◽  
Power Transition ◽  
Economic Relations

Globalization is worldwide integration of economical ,cultural,political,religious and social system.The incremental competitive conditions of nowadays make the firms not only analysis the other countries economic or political system but also cultural,religious and social systems. In this respect for globalization world , it is sure that culture and economy get the crucial role at the inter state relations.At the base of turkey and Russia also lays this dialog.For this reason in this study it is aimed that with current parameters tried to explain after diagnosis in general means the effects of culture on economical developments especially after 2001 economic recession- lives important regulation period in which known power transition world economy -Turkey,takes place in the developing countries, with Russia Federation ,important member of ascending market economy.

Features of Retail Real Estate Market Dynamics in the North-Caucasian Region

10.12737/2490 ◽  
2014 ◽  
Vol 2 (3) ◽  
pp. 19-23
Author(s):  
Моргунова ◽  
Yelyena Morgunova
Keyword(s):  
Economic Development ◽  
Real Estate ◽  
Essential Role ◽  
Real Estate Market ◽  
Commercial Real Estate ◽  
The Other ◽  
The North ◽  
Regional Market ◽  
Real Estate Sector ◽  
Great Development

The commercial real estate market has a great development potential in this country. The author evaluates current developments at the regional market of retail real estate and its specifics inherent to the Southern Regions of Russia. Domestic market plays an essential role in the national economy, as a crucial factor of the of economic development pace. In many regions the commercial real estate sector demonstrates the highest development rates as compared to the other sectors of economy. The commercial real estate sector is also considered as the most attractive for investments. These factors emphasize the urgency of the presented research.

World Overview

2010 ◽  
Vol 214 ◽  
pp. F10-F13
Author(s):  
Dawn Holland ◽  
Ray Barrell ◽  
Aurélie Delannoy ◽  
Tatiana Fic ◽  
Anitha George ◽  
...  
Keyword(s):  
Domestic Demand ◽  
The Other ◽  
Global Expansion ◽  
Demand Growth ◽  
Other Hand ◽  
The Us ◽  
Balance Of Trade ◽  
Global Growth

The pace of global expansion moderated somewhat in the second quarter of 2010. According to NIESR estimates, world GDP increased by 1.4 per cent in the first quarter of the year and growth slowed to 1 per cent in the second quarter. The slowdown was widespread across Asia and America. Many of the lagging economies in Europe, on the other hand, accelerated in the second quarter of 2010, allowing some convergence in the global recovery. The slowdown in Asia and America was largely a reflection of a shift in the global balance of trade. Domestic demand growth in both the US and China accelerated in the second quarter, pulling in higher levels of imports and drawing with it an export-driven recovery in Europe. We forecast global growth of 4.9 per cent this year and 4½ per cent in 2011.

scholarly journals ENERGY EFFICIENCY AS AN ECONOMIC POTENTIAL DEVELOPMENT OF THE COUNTRY

2021 ◽  
Vol 137 (3) ◽  
pp. 52-61
Author(s):  
KVACH Yaroslav ◽  
KUZMYNCHUK Nataliia ◽  
KUTSENKO Tetiana
Keyword(s):  
Economic Growth ◽  
Energy Efficiency ◽  
Economic Development ◽  
Electricity Market ◽  
Energy Efficient ◽  
Energy Intensity ◽  
Economic Recession ◽  
Energy Resources ◽  
Domestic Economy ◽  
Theoretical Foundations

Background. The energy sector in the structure of the domestic economy remains one of the most vulnerable sectors of the domestic economy. Therefore, solving the problem of reducing energy intensity and energy efficiency of the domestic economy will solve the problem of economic growth of the domestic economy in a global recession due to the effects of the coronavirus pandemic and restrictive measures, which significantly reduced national production. Analysis of recent research and publications. Despite a wide range of research on energy conservation and energy efficiency, most of them are limited to general recom­mendations for sustainable development of the national economy. The aim of this article is to develop the theoretical foundations of energy efficiency as a factor in increasing the financial potential and intensification of economic development of the domestic economy in terms of the need to overcome the effects of the global economic recession. The aim of the paper is to develop theoretical foundations of energy efficiency as a factor of increasing the financial potential and intensification of economic development of the domestic economy while there is the need to overcome the effects of the global economic recession. Materials and methods. The information base of the study were scientific public­cations of foreign and domestic scientists in the field of research on the development of the electricity market, areas of energy efficiency. The research was conducted using such general scientific methods as: generalization and comparison; deductive and inductive analysis; method of statistical analysis to identify and summarize trends in the electricity market, the choice of areas of energy efficiency and the development of energy saving measures. Results. The article presents the results of a study of energy efficiency and energy saving as a basis for economic growth of the domestic economy in terms of overcoming the effects of the global economic crisis. The reasons for the high energy intensity of GDP, which poses a threat to the country’s national security, in particular in the energy sector, have been identified. Conclusion. The necessity of transformation of the electricity market on the prin­ciples of market pricing, energy efficient and energy efficient use and consumption of energy resources, implementation of energy efficiency programs and use of renewable energy sources is proved. Prospects for further research are the development and implementation of modern tools for implementing energy efficient and energy efficient use and consumption of energy resources.

Fiscal Multipliers to Assess Consolidation Plans

2010 ◽  
Vol 213 ◽  
pp. F9-F12 ◽  
Author(s):  
Dawn Holland ◽  
Ray Barrell ◽  
Tatiana Fic ◽  
Ian Hurst ◽  
Iana Liadze ◽  
...  
Keyword(s):  
Hong Kong ◽  
Domestic Demand ◽  
The Other ◽  
Fiscal Multipliers ◽  
Strong Growth ◽  
Moderate Growth ◽  
External Demand ◽  
The Us ◽  
Output Gaps ◽  
The Eu

Global output has been rising at an annualised rate of 4¼–5½ per cent per quarter since the rebound in the second quarter of 2009. We estimate that global GDP increased at an annualised rate of 4.8 per cent in the first quarter of 2010, and forecast world growth of 5 per cent in 2010 as a whole. Asia continues to drive the global recovery, with exceptionally strong growth in China, India, Taiwan and Korea in the first quarter of the year. Japan and Hong Kong also recorded strong growth, partially closing the output gaps in these economies. In the Americas, Canada and especially Brazil expanded rapidly, with more moderate growth in the US. Europe, on the other hand, continues to lag behind Asia and the Americas, with output in the EU as a whole rising at an annualised rate of just 1 per cent in the first quarter of 2010. Within Europe, output rose more rapidly than anticipated in Ireland, Portugal, Sweden, and to a lesser extent in Italy. But only in Sweden did this reflect a recovery in domestic demand, as the recovery in most of Europe has so far relied on external demand.

William Lyndwood and the Provinciale: Canon Law in an Undivided Western Church

1997 ◽  
Vol 4 (20) ◽  
pp. 615-628 ◽  
Author(s):  
B. E. Ferme
Keyword(s):  
Economic Development ◽  
Middle Ages ◽  
Fourteenth Century ◽  
Canon Law ◽  
Short Distance ◽  
The Other ◽  
The West ◽  
The North ◽  
The Church

Anyone coming across the fourteenth-century church of St Cornelius in Lyndewode, now Linwood, a short distance from the Lincolnshire town of Market Rasen, is struck by its stark isolation—it virtually stands alone in fields. Anyone entering the church will most likely be struck by two interesting objects which have some bearing on this lecture. The first, at the west end of the north aisle, are two fine excellently preserved brasses, both of wool men. They had clearly prospered in the economic development of Lincolnshire in the later middle ages. One of these brasses is of John Lyndwood, who died in 1419, with his wife, four sons and three daughters under smaller canopies. The other represents another John Lyndwood, the son of the former, who died in 1421.

China–India

2014 ◽  
Keyword(s):  
Economic Development ◽  
21St Century ◽  
Global Economy ◽  
Developing Economies ◽  
World Politics ◽  
International Economy ◽  
Domestic Economy ◽  
China And India ◽  
Present Volume ◽  
Agrarian Societies

China and India, the world’s most populous countries, have rapidly developing economies that are shaping world politics in the 21st century. They are often compared in terms of lagged outcomes and contrasted trajectories. The present volume aims to examine more closely their commonalities as well as differences. In sections covering domestic economy, international economy, demography, migration and labour, and the environment, paired chapters examine each country. Probing behind the obvious contrasts, the essays disclose important ways in which the two countries are alike in facing the problems produced in large, formerly agrarian societies by rapid economic development and interaction with the global economy.

GIS

2009 ◽  
pp. 631-646
Author(s):  
Terry Murphy
Keyword(s):  
Economic Development ◽  
Local Governments ◽  
Global Economy ◽  
Local Economic Development ◽  
Geographical Information ◽  
Gis Technology ◽  
The North ◽  
Wide Range ◽  
Technology Applications ◽  
Development Applications

Geographical Information System (GIS) technology applications for use in the field of economic development are relatively new. Local economic development (LED) agencies utilizing GIS programs have noted very favorable results. The realities of a global economy and heightened expectations in the information age have motivated LED agencies to provide a wide range of spatial economic data on the Internet. This chapter reviews emerging GIS economic development applications, and encourages the adaptation of the North American Industry Classification System (NAICS) by local governments to further enhance the value of such programs.

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