scholarly journals The Negative Impact of COVID-19 on Region Industries: Health Hazards and Its Forecasting

2020 ◽  
pp. 46-58
Author(s):  
NATALIIA Ye. LETUNOVSKA ◽  
TETYANA A. VASILYEVA ◽  
VLADYSLAV A. SMIYANOV

The authors of the article consider the COVID-19 pandemic as a factor that has hurt various world economy sectors. Events caused by restrictive actions by governments in quarantine measures to reduce the spread of coronavirus have worsened the financial and economic situation of several businesses on a regional scale. The situation in the world's economy highlights the need for comprehensive research in forecasting and leveling the harmful effects of epidemics of this scale at different levels of the socio-economic sphere of individual regions. The study aims to summarize the material on the spread of the COVID-19 pandemic and measures to combat it in different countries for use in the development of tools to prevent such negative phenomena on the economy of individual regions. The authors did a comparative analysis of the state of the critical parameters of government action to reduce the negative impact of COVID-19 in the countries leading the rate of spread of this virus. This ranking includes Ukraine, which is in the top twenty countries with the highest number of detected cases. The impact on the processing industry as the sector most affected by the pandemic is significant for the domestic economy, as this industry is one of those that form the largest share of the country's GDP. The article also presents the results of the research of business respondents in the manufacturing sector. If some of them did not experience significant changes in their work, most small and medium-sized companies suffered losses and suspended their production or reduced their scale. The main problems were the transportation of workers to production facilities, problems with product sales, and additional costs associated with countering the pandemic. The authors made conclusions on the most appropriate tools to support Ukraine's processing industry to overcome the challenges posed by a global pandemic. Key words: COVID-19 pandemic, economic health of a region, economic activity, processing industry, forecast of the socio-economic situation.

2021 ◽  
Vol 13 (20) ◽  
pp. 11222
Author(s):  
Daniel Salcedo-López ◽  
Mercedes Cuevas-López

The Erasmus+ program (2014–2020) is one of the main initiatives developed by the European Commission in the field of education and is the final joint evolution of other minor and prior actions that provide schools and teachers with funding to carry out international mobility projects with a variety of formative activities. The benefits of carrying out international mobility activities to strengthen student learning and teacher training are well known and have been researched or reported even from the early stages of a program that was born back in the 1980s but has always been focused on the university level. When considering teachers at early levels (schools and high schools), the 2014–2020 Erasmus+ program was the main source of funding to grant Spanish teachers permanent training activities abroad with a direct positive impact on their careers. The year 2020 is the last year of the first evolution of the Erasmus+ program, which has been renewed, extended, and strengthened for a new six-year term (2021–2027). However, 2020 has also been a significant year. The COVID-19 global pandemic continues to affect the mobility of citizens within the different territories of the union and, thus, have a direct negative impact on international teacher and student mobility. Being 2020 the end of a cycle and a critical moment, it is the perfect time to conduct an analysis of the data associated with the participation of teachers and schools in Spain, their perceptions of the program, the different activities carried out, and the impact of the pandemic. This research study is based on an analysis of an opinion survey through a nationwide sample of teachers participating in KA101 Erasmus+ projects. This paper gathers and presents data and conclusions using information previously not available that most of the time is published in official reports globally without considering the particularities of the different states of the European Union.


2019 ◽  
Vol 16 (3) ◽  
pp. 229-240
Author(s):  
Alina Bukhtiarova ◽  
Arsen Hayriyan ◽  
Victor Chentsov ◽  
Sergii Sokol

In the context of countries integration into the world economic space, agricultural sector is one of the priorities and strategically important sectors of the national economy. Development of instruments aimed to increase investment potential of this sector is therefore an important component of the country’s economy growth. The article proposes a science-based model of the impact of the agricultural sector on the economic development level of countries trying to move towards European integration.It was found that the employment rate (+58.4) has the largest influence on the rate of GDP change in the studied group of countries (Ukraine, Moldova, Georgia, Armenia). The impact of the gross value added of the manufacturing sector on its economic growth is positive (+44.6). The negative foreign direct investment ratio in the model (–40.3) may be due to the fact that the indicator in the studied countries is still largely influenced by the intervention of the state mechanism, significant uncertainty and risk, which is a deterrent to the overall economic development. An important result of the study was that foreign direct investment had a negative impact on economic growth in developing countries. Further development of the investment potential of a country’s agricultural sector provides for a radical acceleration of scientific and technological progress and, on this basis, a reduction in the cost of a unit of agricultural products and food and an increase in their competitiveness in the domestic and world markets.


Author(s):  
Wiesława Gierańczyk

The article presents change in the object of study of the industrial geography in Poland that took place in the late twentieth century with a context in the internal and external conditions of the functioning of the industrial activities. A kind of barometer of the impact of internal and external conditions for the functioning of industrial units and the scale of regional integration in this area can be achieved by studying the economic situation also known as business tendency. In this paper the author would like to draw attention to the economic condition survey in industry conducted by the Central Statistics Office (GUS) as an example of modern research in the industrial geography in Poland.


2020 ◽  
Vol 4 (2) ◽  
Author(s):  
Azanul Akbar Lubis

Manufacturing sector is one of the sectors that contribute to economic growth in Indonesia. Results of these contributions is the changing structure of the Indonesian economy from agriculture to the industrial sector. And poverty in Indonesia which is one indicator of well‐being in an area tend to be in 2000 to 2010 has a pattern that tends to decline, although not very significant. Of 2 (two) variables, namely the Manufacturing Sector and Poverty, the author tries to determine the impact of variables on water quality in Indonesia, by adding variable Expenditures Environmental Affairs as variables that also impact the water quality in Indonesia. Manufacturing Sector GDP, the number of poor, Regional Budget (APBD) Environmental Field, each is used as a proxy for the manufacturing sector, poverty and Environment Sector Government expenditure. The data is compiled based on 28 provinces in Indonesia in 2009, 2010 and 2011. The results obtained showed that the industrial sector and poverty have a negative impact on water quality while Government Expenditure Environment Sector positive effect on water quality in Indonesia.


Author(s):  
Samsul Alam

<p>The global smartphone brands were progressing aggressively over time. A sudden unexpected turbulent situation known as a global pandemic declared by the World Health Organization (WHO) about a century later in the history of human civilization stops this progress. It makes the industry bound to fall behind. This study aims to review and analyze the impact of the present pandemic situation due to Coronavirus Disease 2019 (COVID-19) on the global smartphone industry. It shows its competitive scenarios focusing on smartphone demand and supply. Thus, the study suggest a strategic approach to combat this situation. It is done by reviewing the latest literature published explicitly in 2020. The findings of this study reveal a significant negative impact of COVID-19 on global smartphone brands, primarily especially in the big markets of this industry, namely China, India, USA, Europe. Conversely, it can also positively impact the industry, especially in some developing countries. The positivity is seen due to the expanded demand for smartphones in some sectors like education, business, and entertainment media shifted online, triggering the user’s need to purchase a new smart device. Lastly, based on the understanding of the current scenario, some strategic approaches are discussed, and appropriate solutions are given for the industry to cope up with the pandemic crisis and, at the same time, how to attain success. The strategic directions given at the end can be applied to the industry’s sustainability and growth.</p>


Author(s):  
Mario Coccia

AbstractWhat is hardly known in the studies of the COVID-19 global pandemic crisis is the impact of general lockdown during the first wave of COVID-19 pandemic both public health and economic system. The main goal of this study is a comparative analysis of some European countries with a longer and shorter period of national lockdown during the first wave of COVID-19 from March to August 2020. Findings suggests that: a) countries with shorter period of lockdown have a variation of confirmed cases/population (%) higher than countries with longer period of lockdown; b) countries with shorter period of lockdown have average fatality rate (5.45%) lower than countries with longer period of lockdown (12.70%), whereas variation of fatality rate from August to March 2020 suggests a higher reduction in countries with longer period of lockdown (−1.9% vs 0.72%). However, Independent Samples Test and the Mann-Whitney test reveal that the effectiveness of longer period of lockdown versus shorter one on public health is not significant. In addition, the COVID-19 pandemic associated with longer period of lockdown has a higher negative impact on economic growth with consequential social issues in countries. Results of the impact of COVID-19 lockdowns on public health and economies of some leading countries in Europe, during the first wave of the COVID-19 pandemic, can provide vital information to design effective containment strategies in future waves of this pandemic to minimize the negative effects in society.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Anas Alaoui Mdaghri ◽  
Abdessamad Raghibi ◽  
Cuong Nguyen Thanh ◽  
Lahsen Oubdi

PurposeThe purpose of this paper is to investigate the impact of the global coronavirus (COVID-19) pandemic on stock market liquidity, while taking into account the depth and tightness dimensions.Design/methodology/approachThe author used a panel data regression on stock market dataset, representing 314 listed firms operating in six Middle East and North African (MENA) countries from February to May 2020.FindingsThe regression results on the overall sample indicate that the liquidity related to the depth measure was positively correlated with the growth in the confirmed number of cases and deaths and stringency index. Moreover, the market depth was positively related to the confirmed cases of COVID-19. The results also indicate that the liquidity of small cap and big cap firms was significantly impacted by the confirmed number of cases, while the stringency index is only significant for the liquidity depth measure. Moreover, the results regarding sectors and country level analysis confirmed that COVID-19 had a significant and negative impact of stock market liquidity.Research limitations/implicationsThis paper confirms that the global coronavirus pandemic has decreased the stock market liquidity in terms of both the depth and the tightness dimensions.Originality/valueWhile most empirical papers focused on the impact of the COVID-19 global pandemic on stock market returns, this paper investigated liquidity chock at firm level in the MENA region using both tightness and depth dimensions.


2020 ◽  
Vol 20 (1) ◽  
pp. 171-176
Author(s):  
Omurbek Imaraliev ◽  
◽  
Takhmina Ergeshova ◽  
Aidana Tologon kyzy ◽  
◽  
...  

This article has expanded the areas of strategic development of the processing industry and the impact of commercial banks on their development. For the development of the manufacturing sector, it is necessary to accumulate stable reserves of raw materials, as well as to regulate the export and sale of manufactured products. This requires educated personnel with entrepreneurial skills and financial support from financial institutions. Thus, the development of a special cluster model and will unite them to work on this model has on the development of the processing industry, on their competitiveness and the state of competition. The main elements of this cluster model are commercial financial institutions, i.e. cans. In this article, the influence of the cluster model on the strategic development of the processing industry was proved scientifically, practically and methodologically.


Author(s):  
Katriona O’Sullivan ◽  
Serena Clark ◽  
Amy McGrane ◽  
Nicole Rock ◽  
Lydia Burke ◽  
...  

Mitigating the adverse physical health risks associated with COVID-19 has been a priority of public health incentives. Less attention has been placed on understanding the psychological factors related to the global pandemic, especially among vulnerable populations. This qualitative study sought to understand the experiences of children and adolescents during COVID-19. This study interviewed 48 families during the COVID-19 pandemic restrictions, and a national lockdown, to understand its impacts. The study used an Interpretative Phenomenological Analysis (IPA) methodology. Parents and children discussed the negative impact of the restrictions on young people’s wellbeing. Children and adolescents experienced adverse mental health effects, including feelings of social isolation, depression, anxiety, and increases in maladaptive behaviour. Families with children with Autism Spectrum Disorders reported increased mental health difficulties during this period mostly due to changes to routine. The findings highlight the impact of severe restrictions on vulnerable populations’ wellbeing and mental health outcomes, including children, adolescents, and those with Autism spectrum disorder (ASD).


Author(s):  
Оksana Kushnirenko ◽  
Olga Zarudna

Relevance of the research topic is due to the impact of globalization which had brought an increasing number of more and more products pass through global value-added chains to reach the end users. That  has led to new forms of transnational production,  that gives new opportunities for Ukrainian producers. Formulation of the problem. The utilizing the opportunities and mitigating the negative impact of the liberalization of foreign trade makes new requirements  for production oriented businesses in a more open and competitive international environment. The development of global production systems provides opportunities for participating in global value chains, that opens up new opportunities for the industry of Ukraine and requires further scientific researches. Analysis of recent research and publications. There are various dimensions to the development of global value chains of industry that need to be taken into account. The most important of these are P.Marsh, R.Kaplinski and Morris, K.Schwab, R.Rajk, D.Rodrik, E.Rajnert, S.Veber, P Labasta, G. Dzerffi, Geets VM, Vishnevsky AS, Deineko LV, Kizim NA, Kvasha TK, Lyashenko VI, Musina LA, Pyatnitsky VT, Sidenko V.R. and others. Selection of unexplored parts of the general problem. In the context of increasing influence of integration processes on the development of international trade and production, the problem of choosing the most effective ways of integration into global value chains for the processing industry of Ukraine as a reliable supplier of products with a higher degree of processing remains insufficiently studied. Setting the task, the purpose of the study. The objective of the article is to analyze the features of the formation of value added chains and ways of integrating them into the processing industry of Ukraine as a reliable supplier of products with a higher degree of processing. The purpose of the study is developing the proposals for possible constructive ways of promoting the integration of Ukrainian processing industry into global value-added chains. Method or methodology for conducting research. This paper used of general scientific: abstract-logical, induction and deduction, systemic approach; analysis, and synthesis and special scientific research methods: statistical comparisons, grouping, sampling; structure-functional analysis, expert judgments. Presentation of the main material (results of work).The existing approaches to the definition of the notion of value added chains are disclosed and their grouping is carried out on significant grounds; The features and modern trends in the development of global value chains in the processing industry are explored; The opportunities and the existing risks have been identified in the chain of value added for the developing countries; and substantiated practical recommendations for choosing the most effective ways of integration into global value chains for the processing industry of Ukraine as a reliable supplier of products with a higher degree of processing. The field of application of results. The results of this research can be applied in the process of formation and implementation of Ukraine's integration industrial policy. Conclusions according to the article. In the article authors was made in  assessment of the integration of Ukrainian manufacturing companies into global value chains. The adoption of effective tools and instruments for encouraging the entry of Ukraine's processing industry into global value chains provides for the creation of effective policies and institutions, aimed at eliminating restrictions in the the Ukrainian producers integration into international production networks. 


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