Economic Fluctuations- the Aftermath of COVID 19 Pandemic

Coronaviruses ◽  
2021 ◽  
Vol 02 ◽  
Author(s):  
Saishiv Adithya ◽  
Koyeli Girigoswami

: The COVID-19 pandemic has necessitated to focus on the economic stressors for the welfare of the population worldwide. The COVID-19 pandemic which has affected the individuals globally since January, 2020 has caused barrier in the business involving different sectors. The primary sector being the agriculture and food supplies and the secondary sectors like the manufacturing units, oils and petrol sectors, transport sectors, travel and tourism as well as the finance industries have all faced the adverse effect of this pandemic and subsequent lockdown. The different restrictions implemented by the government in most of the countries like quarantine, self- isolation, sealing of national and international borders, complete shutdown of transport and travel etc.. has disrupted the equilibrium of demand and supply. As an aftermath of such misbalance, the economic conditions in all the sectors have been negatively impacted. In this review, we shall discuss about the impact on economic condition of different sectors like agriculture, logistics, petroleum based fuels, commodity market, hospitality and tourism, pharmaceutical industry and finance industry.

2020 ◽  
Vol 22 (1) ◽  
pp. 1-29
Author(s):  
Mochammad Rozikin

Abstract: Gresik Regency has a large potential of capture fisheries and cultivation so that the Ministry of Maritime Affairs and Fisheries is designated as a pilot of the Minapolitian project. This study aims to determine the impact of the implementation of the Minapolitan policy on the economic conditions of pond communities in Gresik Regency. The method used is qualitative descriptive with a focus of research: 1) efforts made by the government in implementing the Minapolitan policy; and 2) economic conditions of the pond community after the implementation of the Minapolitian policy. The results showed that the government had tried to improve infrastructure (infra-structure) around the ponds to make it easier for farm communities to run aquaculture activities, but had not been able to support the needs of production facilities. As for the economic conditions of the community, it has not significantly increased the income of the community and opened employment opportunities for the youth. Keywords: Economic Condition, Farmers Community, Post-Implementation of Minapolitan Policy


2021 ◽  
Vol 12 (1) ◽  
Author(s):  
David Laborde ◽  
Abdullah Mamun ◽  
Will Martin ◽  
Valeria Piñeiro ◽  
Rob Vos

AbstractAgricultural production is strongly affected by and a major contributor to climate change. Agriculture and land-use change account for a quarter of total global emissions of greenhouse gases (GHG). Agriculture receives around US$600 billion per year worldwide in government support. No rigorous quantification of the impact of this support on GHG emissions has been available. This article helps fill the void. Here, we find that, while over the years the government support has incentivized the development of high-emission farming systems, at present, the support only has a small impact in terms of inducing additional global GHG emissions from agricultural production; partly because support is not systematically biased towards high-emission products, and partly because support generated by trade protection reduces demand for some high-emission products by raising their consumer prices. Substantially reducing GHG emissions from agriculture while safeguarding food security requires a more comprehensive revamping of existing support to agriculture and food consumption.


2017 ◽  
Vol 46 (4) ◽  
pp. 327-341 ◽  
Author(s):  
Jaclyn S. Piatak

With the retirement of the baby boomers looming and the growing number of opportunities to serve the public interest in broader ways than working in government, how dedicated are today’s public employees? This study examines the job sector changes of nonprofit and government employees compared with for-profit employees during both stable and unstable economic conditions. Sector switching within the government sector across federal, state, and local government employees is also examined. Findings show no sector differences during stable economic conditions, but illustrate federal government and nonprofit employees are more likely to move into the for-profit sector during times of economic instability. This study highlights the impact of tough labor market conditions on employment decisions. Nonprofits’ reliance on labor donations may no longer be sufficient, and public managers should tailor their recruitment and retention strategies to suit the level of government.


LaGeografia ◽  
2020 ◽  
Vol 18 (2) ◽  
pp. 137
Author(s):  
Sukri Nyompa ◽  
Nur Adha Sari Dewi ◽  
Uca Sideng

This study aims to determine: 1) The socio-economic condition of sand miners 2.) The level of income of sand miners before and after the existence of a sand mine in Cimpu Utara Village, Suli District, Luwu Regency. This research method uses descriptive qualitative. The population in this study is the owner and labor of sand miners totaling 36 people. Data collection was carried out using observation techniques, interviews, and documentation. Data were analyzed descriptively qualitatively. The results of this study indicate that: 1) The socio-economic conditions of the people who work as sand mines are aged 40-44 years as much as 30.55%,. graduated from junior high as much as 36.11%. The previous respondents' livelihoods were entrepreneurs, farmers and fishermen. 2) The impact of the existence of a sand mine on the socio-economic conditions of the community that is researchers conclude the impact after the existence of a sand mine is very influential on the level of community income. It can be seen from the income before the sand mine Rp. 375.000-583.000/month while the income after the sand mining is around Rp. 512,000 - 6,250,000 / month.


2019 ◽  
Vol 19 (298) ◽  
Author(s):  
Chuling Chen ◽  
Era Dabla-Norris ◽  
Jay Rappaport ◽  
Aleksandra Zdzienicka

This paper studies the impact of tax-based consolidations on reelection outcomes. Using a granular database of tax-based consolidations for a panel of 10 OECD countries over the last 40 years, we find that tax reforms are politically costly but some reforms are costlier than others. Measures aimed primarily at reducing existing deficits and debt are costlier than tax consolidation policies for improving long-term growth prospects. Electoral costs are particularly high for broad-based indirect tax and corporate tax reforms. Voters tend to penalize governments less if tax consolidations are announced early in the government’s term or if the government has a strong political mandate. Favorable economic conditions increase public support for tax-based consolidations. Personal income tax reforms are electorally salient if the reforms are frontloaded, announced during recessions, and in less progressive tax systems.


2019 ◽  
Vol 1 (2) ◽  
pp. 87-98
Author(s):  
Riza Rizkiah

Jatiluhur Reservoir is one of the largest reservoirs in West Java which has many functions, one of which is for aquaculture with the KJA system. But along with the development of KJA activity in the Jatiluhur Reservoir it has become one of the factors causing the decline in water quality of the Jatiluhur Reservoir. Therefore the Purwakarta Regency government made a program called Operation Jatiluhur Jernih Lake through the Decree of the Regent of Purwakarta No.523.31.05 / Kep.286-DLH / 2017.  This program had a purpose to curb a number of cageculture in Jatiluhur Dam. The purpose of this study was to analyze the effectiveness of the program as an effort to save the condition of reservoir water and to analyze the impact of the program to the sosio-economic condition of the farmer. The methode that used in this study was quantitavie methode based on the effectivity value from the quisioner and the qualitative method by analyzing data from interview. the results of this study indicate that the Jatiluhur Lake Operations program is running quite effectively with the acquisition of a score of 60.37%, which means this program has a pretty good value in efforts to save the water conditions of the Jatiluhur reservoir. But on the other hand this program has a significant impact, especially on the socio-economic conditions of farmers such as decreasing income levels, rising potential for unemployment, increasing levels of difficulty in fulfilling the needs of life, and also reducing the supply of fish in the Jatiluhur Reservoir


2021 ◽  
Vol 9 ◽  
Author(s):  
Ting-Ting Sun ◽  
Ran Tao ◽  
Chi-Wei Su ◽  
Muhammad Umar

This paper uses the mixed frequency vector autoregression model to explore the impact of economic fluctuations on infectious diseases mortality (IDM) from China perspective. We find that quarterly gross domestic product (GDP) fluctuations have a negative impact on the annual IDM, indicating that the mortality of infectious diseases varies counter-cyclically with the business cycle in China. Specifically, IDM usually increases with deterioration in economic conditions, and vice versa. The empirical results are consistent with the hypothesis I derived from the theoretical analysis, which highlights that economic fluctuations can negatively affect the mortality of infectious diseases. The findings can offer revelations for the government to consider the role of economic conditions in controlling the epidemic of infectious diseases. Policymakers should adopt appropriate and effective strategies to mitigate the potential negative effects of macroeconomic downturns on the mortality of infectious diseases. In the context of the COVID-19 pandemic, these analyses further emphasize the importance of promoting economic growth, increasing public health expenditure, and preventing and controlling foreign infectious diseases.


2020 ◽  
Vol 20 (265) ◽  
Author(s):  
Tamim Bayoumi ◽  
Yunhui Zhao

Housing is by far the most important asset in Chinese households’ balance sheets. However, despite forceful and frequent government interventions, the rise in Chinese housing prices has not been contained as much as intended, a trend that has not been reversed by the COVID-19 shock. In this paper, we first provide some stylized facts and then a DSGE model (encompassing both demand and supply channels) to highlight the impact of a “slow-moving” structural vulnerability—financial market incompleteness—on China’s housing prices. The model implies that to eradicate the root causes of the rising housing price, policymakers need to go beyond the housing market itself; instead, it would be desirable to deepen financial markets because these markets would help channel financial resources to productive sectors rather than to housing speculation. This is particularly important in the COVID era because without addressing this structural vulnerability, the higher household savings and the government stimulus may fuel the housing bubble and sow seeds for a future crisis. The paper can also shed light on the housing markets in other economies that face similar vulnerabilities.


2018 ◽  
Vol 3 (1) ◽  
pp. 49
Author(s):  
Lukman Hakim ◽  
Eko Sugiyanto

Abstract : The purpose of this study are: (1) Identify the causes of organizational changes that occur in Batik Laweyan Surakarta industry. (2) Identify the impact of organizational change in Batik Laweyan Surakarta industry. (3) Analyzing organizational change process that happened in Batik Laweyan Surakarta industry. (4) Analyzing the constraining factors and supporting organizational change in Batik Laweyan Surakarta industry. The result of the research concludes that the cause of organizational change: (1) because the fulfillment of consumer needs and tastes, (2) competition from batik entrepreneurs, (3) due to fluctuating economic condition in Indonesia. (4) The existence of education problem and financial ability of batik company, (5) environmental factor around. The process of execution of changes that occurred in Batik Laweyan industry in general is the same character that is the character of calm and orderly by evolution or stages (midle of change). Factors supporting the change include: (1) the government, (2) the protective institutions(Kampoeng Batik Laweyan Development Forum), (3) company policy, (4) the materials used to innovate in the process of easy staining obtained. Source of rejection to change of organization, among others: (1) concern about the emergence of new competitor, (2) Variety of idea batik entrepreneur.Abstraksi : Tujuan penelitian ini adalah:  (1) Mengidentifikasi penyebab perubahan organisasi yang terjadi di industri Batik  Laweyan Surakarta.  (2) Mengidentifikasi dampak perubahan organisasi di industri Batik  LaweyanSurakarta. (3) Menganalisis proses perubahan organisasi yang terjadi di industri Batik  LaweyanSurakarta. (4) Menganalisis faktor pendukung perubahan organisasi di industri Batik  LaweyanSurakarta. Hasil penelitian menyimpulkan bahwa penyebab perubahan organisasi:  (1) karena pemenuhan kebutuhan dan selera konsumen, (2) adanya persaingan dari competitor pengusaha batik, (3) karena kondisi perekonomian di Indonesia yang fluktuatif. (4) Adanya masalah pendidikan dan kemampuan keuangan perusahaan batik, (5) faktor lingkungan sekitar. Proses pelaksanaan perubahan yang terjadi di Industri Batik Laweyan secara umum adalah berkarakter sama yaitu karakter tenang dan teratur secara evolusi atau tahapan-tahapan (midle of change). Faktor pendukung perubahan, antara lain: (1) pihak pemerintah, (2) lembaga pelindung (Forum Forum Pengembangan Kampoeng Batik Laweyan/ FPKBL), (3) Kebijakan perusahaan, (4) bahan-bahan yang digunakan untuk melakukan inovasi dalam proses pewarnaan mudah didapatkan. Sumber penolakan terhadap perubahan oganisasi, antara lain:(1) kekhawatiran akan munculnya pesaing-pesaing baru, (2) Beragamnya ide atau gagasan pengusaha batik.


2020 ◽  
Vol 8 (1) ◽  
pp. 634-641
Author(s):  
Pacha Malyadri

Purpose of the study: The study tried to evaluate two issues which are socio-economic conditions of tribal women and the impact of welfare schemes financing by banks for income generation among tribal women. Methodology: This empirical research adopted a quantitative method by distributing a schedule to 120 tribal women located in a rural-based Khammam district of Telangana state. The data analyzed by using the one-way ANOVA, mean, regression analysis and standard deviation (S.D.) with the assistance of Statistical Package for Social Sciences to determining the impact of income generation schemes on socio-economic conditions. Main Findings: This study found that incomes are improved phenomenally after availing welfare schemes targeted at tribal women. However, the tribal women are needed to facilitate awareness of various schemes on circulation by the Government. The known income generation schemes were impacted positively among few tribal women and they have expressed satisfaction as there was significant empowerment in their livelihoods. Applications of this study: The findings of the study are useful for the government in implementing income generation activities to strengthen tribal women economically, socially and politically. It would be relevant to apply solutions for the problems encountering by tribal women. Novelty/Originality of this study: The impact of income generation schemes has been addressed categorically concerning empowerment. Therefore a determined plan of implementation of further action can significantly empower the tribal women in all respects.


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