Sudden Lockdown and Unseen Challenges in India due to COVID19: An Outbreak Analysis (Preprint)

2020 ◽  
Author(s):  
Neeraj Taneja ◽  
Aftab Alam ◽  
Ranjana S Patnaik ◽  
Tannu Taneja ◽  
Arun Bhardwaj ◽  
...  

UNSTRUCTURED The world is facing an unprecedented situation, because of spread of coronavirus that causes the disease COVID-19 which is totally new, where no one can see light at the end of the tunnel. In last 3 months, this pandemic has spread to 204 countries, regardless of its being developed, developing or under developed. In comparison to developed countries and being a developing nation, India has to date curtailed the spread of virus to stage 2 of local transmissions, by limiting its progression. The government of India together with its states has taken stringent actions to prevent its spread, including a nationwide lockdown. The sudden lockdown in country of 1.4 billion have brought in many unseen challenges, which has created panic, confusion and inconvenience to the general public at large. Though the remedial steps are taken, but that may cause collateral damage in the long run, if not planned earlier. The main objective of the article is to apprise the world about certain hard realities, ignored situations and unseen challenges that are being faced by world’s 2nd most populous country due to sudden locking down.

2019 ◽  
pp. 23-36
Author(s):  
Taras MARSHALOK ◽  
Ivanna MOROZ

Introduction. An increase in public debt may have a negative, neutral or positive impact on the country's economic development. A big loan does not mean big growth; it all depends on how the public money is spent. The same amount of money spent by governments from dif­ferent countries has a different meaning for domestic development and the dynamics of public debt. The reasons are differences in the size of GDP, the structure of government borrowings, the shadow economy. Purpose. The objective of this paper is to deepen the theoretical backgrounds and applied aspects of influence of the public debt on the economic development of the country. Methods. In the research process, a set of research methods and approaches were used: systemic, structural-functional, comparisons and others. Results. The problem of a high level of public debt is acute in many countries throughout the world, including Ukraine. Nobody can say for sure whether a high public debt holds back the country's economic development. Theoretically, economically weaker countries, having regard to the financial constraints and economic needs, should have a higher level of public debt in relation to GDP than countries with high levels of development. However, comparing the data on the ratio of public debt and GDP in the EU, it can be noted the following: the higher indicators in the more developed countries of the EU. The latter, in fact, are the largest lenders of the world economy and at the same time have the largest volumes of the public debt both in absolute terms and in relation to GDP. As a result of the unsatisfactory financial state of the public sector, household saving goes to the repayment of the higher-level commitments, and not for the financing of the development of companies. This is especially problematic if we look at the situation of future generations – they will have less capital at their disposal. Public debt is a reduction in future revenues; hence, it is an intergenerational problem. Conclusions. It is possible to make proposals that will have a significant impact on the growth of the economy and the reduction of the public debt: – internal borrowing but not the external loans are economically justified. In this case, the debts do not increase the money base and the turnover of funds is carried out within the state; – entrepreneurship requires the systematic and consistent support that will stimulate the economic development, which needs stable business conditions in the long run.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ruchi Mittal ◽  
Wasim Ahmed ◽  
Amit Mittal ◽  
Ishan Aggarwal

Purpose Using data from Twitter, the purpose of this paper is to assess the coping behaviour and reactions of social media users in response to the initial days of the COVID-19-related lockdown in different parts of the world. Design/methodology/approach This study follows the quasi-inductive approach which allows the development of pre-categories from other theories before the sampling and coding processes begin, for use in those processes. Data was extracted using relevant keywords from Twitter, and a sample was drawn from the Twitter data set to ensure the data is more manageable from a qualitative research standpoint and that meaningful interpretations can be drawn from the data analysis results. The data analysis is discussed in two parts: extraction and classification of data from Twitter using automated sentiment analysis; and qualitative data analysis of a smaller Twitter data sample. Findings This study found that during the lockdown the majority of users on Twitter shared positive opinions towards the lockdown. The results also found that people are keeping themselves engaged and entertained. Governments around the world have also gained support from Twitter users. This is despite the hardships being faced by citizens. The authors also found a number of users expressing negative sentiments. The results also found that several users on Twitter were fence-sitters and their opinions and emotions could swing either way depending on how the pandemic progresses and what action is taken by governments around the world. Research limitations/implications The authors add to the body of literature that has examined Twitter discussions around H1N1 using in-depth qualitative methods and conspiracy theories around COVID-19. In the long run, the government can help citizens develop routines that help the community adapt to a new dangerous environment – this has very effectively been shown in the context of wildfires in the context of disaster management. In the context of this research, the dominance of the positive themes within tweets is promising for policymakers and governments around the world. However, sentiments may wish to be monitored going forward as large-spikes in negative sentiment may highlight lockdown-fatigue. Social implications The psychology of humans during a pandemic can have a profound impact on how COVID-19 shapes up, and this shall also include how people behave with other people and with the larger environment. Lockdowns are the opposite of what societies strive to achieve, i.e. socializing. Originality/value This study is based on original Twitter data collected during the initial days of the COVID-19-induced lockdown. The topic of “lockdowns” and the “COVID-19” pandemic have not been studied together thus far. This study is highly topical.


2020 ◽  
Vol 10 (1) ◽  
Author(s):  
Ririn Breliastiti

Sustainability Report (SR) has become one of the main reports of the world's leading companies. In 2005, it was found that more than 250 top companies listed on the Fortune 500 had prepared SR separately from the Annual Report. The development of the number of SRs in each country varies. In the developed countries, awareness to compile and issue SR is supported by government regulations so that SR becomes mandatory. In developing countries, SR is still voluntary because there is still no regulation that requires companies to compile and issue SR. The Carrots & Sticks report, compiled and published by KPMG, United Nations Environment Program, Unit for Corporate Governance in Africa & the Global Reporting Initiative (GRI), provided details on the development of mandatory and voluntary instruments in implementing Sustainability Reporting (SR) in various Countries throughout the world from 2006 to 2016. Therefore, this research aims to find out the development of the mandatory and voluntary instruments (government policies) related to SR in the world. This type of research is a literature review. The research instrument used consists of a tabulation containing the development of the mandatory and voluntary instruments (government policy) related to SR in the world, then the researcher conducted an analysis of these findings. The results show that there is an increasing enthusiasm for the application of SR throughout the world. There is an increase in commitment and efforts to achieve transparency and accountability. In countries that have an interest in SR, there has been a significant development, such as 19 countries in 2006, 32 countries in 2010, 45 countries and regions in 2013, and 71 countries and regions in 2016. Indonesia is one of the countries in the Asia Pacific region that has given attention to SR and has its regulations. SR regulations have grown from 180 in 2013 to 400 in 2016, with government regulations dominating 80% of all regulations. Mandatory instruments dominate more than voluntary instruments. Application of SR 30% is for large companies that have been listed on the stock exchange. SR reporting by public companies has covered all sectors on the stock exchange. This development was greatly influenced by the role of the government which encouraged companies to disclose information about sustainability in their annual reports. "Social" reporting instruments show a faster development than "environmental" reporting instruments. 


1980 ◽  
Vol 7 (3) ◽  
pp. 203-206 ◽  
Author(s):  
Willem Meijer

While developed countries of the world are expressing growing concern about the plight of tropical rain-forests, it is necessary to understand the issues involved. They are not merely populaton growth, the world food problems, and the ever-growing demand for natural resources, but also environmental ethics and the attitudes of resource managers and other decision-makers. These last issues might be even more important in the long run than purely demographic and socio-economic problems.The Author of this essay attempts to build up a case for the need of a global environmental ethic which would incorporate existing values of respect for living creatures, sacred groves, and sacred animals—such as still survives among the cultures of the less-developed parts of the tropical world. It might well be that the life-styles of strongly vegetarian societies, and the intensive tropical lowland agriculture as practiced in and around irrigated rice-fields in Southeast Asia, could be used as a model for wiser use of renewable natural resources in the lessdeveloped tropical areas.


2019 ◽  
Vol 7 (3) ◽  
pp. 651-660 ◽  
Author(s):  
Rabiul Islam ◽  
Ahmad Bashawir Abdul Ghani ◽  
Muhammad Fuad Othman ◽  
Laila Suriya Ahmad Apandi

Purpose of the study: The aim of this study was to relate the political economy and its impact on trade and development of economy. One of the currently witnessed changes that strike out the most from previous years is the relatedness of each political economy aspect of the world. The dimension of economy can be found in different problems throughout the world and economy has become the most prioritized aspect in the 21st century. Methodology: The data for this study were obtained from existing literatures on political economy and trade as well. The methodology heavily relied on the existing previous literatures on the subject being dealt with. Results: The findings indicated that the government could decide to intervene in markets with the intention of limiting import or maximizing export. Trade barriers might be applied for the intention of limiting imports such as tariffs, import quotas, native gratified necessities, directorial strategies, and anti-dumping policies. Implications: Protectionist policies are being implemented by country by the means of protecting the local market from international market that might risk the industries inside the nation and might resulted in the depletion of the nation’s sovereignty rate. Protectionist policy can be considered as a barrier towards trade but is essential for the long run local industry.


2020 ◽  
Vol 19 (1) ◽  
pp. 7-15
Author(s):  
Johni Harius Putranto ◽  
Bambang Sri Wibowo ◽  
Teguh Purnomo

Natural wealth is an invaluable resource so it must be preserved. Indonesia as an agrarian, archipelago and maritime country located on the equator is one of the countries in the world that has abundant natural resources compared to other countries. To manage these crops, the community and the government support each other in the process of conservation through a positive management process. Institutions related to the process are expected to be able to join hands with the community, so that the community, government and the state can enjoy the results in the long run. One way to help the community, especially in areas far from the center of government, or the community wherever located. Cooperative allianz is one of the solutions that is considered in accordance with the conditions and culture of the community. Because Cooperatives allianz are a form of business that has long existed and been run by Indonesian people since ancient times. As a supporting effort for the development of cooperatives, the government should provide support in the form of training for human resources manager of cooperatives and communities around cooperatives, so that the initial purpose of forming cooperatives can be achieved well and satisfactorily.


Author(s):  
Caroline Geetha

Economic interdependence among nations of the world has become important and enormously complex. Foreign capital and aid is an important form of economic interdependence because they are the main components of capital formation especially for the developing nation. A significant amount of foreign capital and aid which has amounted to around $30 billion of the worlds gross domestic product, grows at an annual rate of 15 percent (higher than the economic growth rate of certain nation). Multinational corporations in search for profits in the developing nation undertake inflow and outflow of foreign capital in the form of foreign direct investment, skills and technology. This creates internal economies of scale for the parent company and external economies of scale for its subsidiaries. Overwhelming performance of foreign capital can also create external diseconomies of scale known as stunting effects for the developing nation. The government of the developed countries for political and humanitarian reasons also offers foreign aid. Foreign aid should be paired well with the stages of the economic development of a country to create increasing returns. This paper provides a critical analysis of growth in relation to foreign capital and aid in Malaysia. The analysis is divided into two sections. The first section looks at foreign capital and aid as an independent variable while the second section looks at foreign capital and aid as the dependent variable. Foreign capital is found to be positively correlated to economic growth and it is also highly significant compared to foreign aid which has no positive correlation and hardly contributes to Malaysias economic growth. Finally some policy options are recommended to improve the economic growth in Malaysia.


Author(s):  
Isaac Boaheng

Corruption is a major problem in the world but more so in Africa. Different efforts have been put in place to curb this social problem but corruption still persists. In Ghana, investigative journalist Anas Aremeyaw Anas has joined the fight against corruption and has made various revelations that have helped the government and the general populace in one way or the other. Anas’ methodology has however attracted various comments from the general public concerning how ethical this approach could be. This article aims at assessing the investigative journalism methodology used by Ghanaian undercover investigative journalist Anas Aremeyaw Anas in the light of the doctrine of free will to determine if this methodology is a breach of free will or not. Analyzing data extracted from articles, books, and others, the paper concludes that the choice of Anas’ victims to involve themselves in corrupt practices is done out of their own free will and hence they are fully responsible for their decisions.


Humaniora ◽  
2010 ◽  
Vol 1 (1) ◽  
pp. 142
Author(s):  
Sri Dewi Adriani

Japan is one of one of the developed countries in the world having an advance standard of education. People have been aware of its importance. Besides, the government has been fully supporting the development of education in the society. Everyone has been respected by their educational achievement. This condition causes of strain to the younger generation especially for those who are going to enter to the prominent universities. This condition is so called Juken Jigoku which is lexically translated as hell of entrance examination


Mathematics ◽  
2020 ◽  
Vol 8 (1) ◽  
pp. 81
Author(s):  
José A. Tenreiro Machado ◽  
Maria Eugénia Mata ◽  
António M. Lopes

In this paper, the fractional calculus (FC) and pseudo-phase space (PPS) techniques are combined for modeling the dynamics of world economies, leading to a new approach for forecasting a country’s gross domestic product. In most market economies, the decline of the post-war prosperity brought challenging rivalries to the Western world. Considerable social, political, and military unrest is today spreading in major capital cities of the world. As global troubles including mass migrations and more abound, countries’ performance as told by PPS approaches can help to assess national ambitions, commercial aggression, or hegemony in the current global environment. The 1973 oil shock was the turning point for a long-run crisis. A PPS approach to the last five decades (1970–2018) demonstrates that convergence has been the rule. In a sample of 15 countries, Turkey, Russia, Mexico, Brazil, Korea, and South Africa are catching-up to the US, Canada, Japan, Australia, Germany, UK, and France, showing similarity in many respects with these most developed countries. A substitution of the US role as great power in favor of China may still be avoided in the next decades, while India remains in the tail. The embedding of the two mathematical techniques allows a deeper understanding of the fractional dynamics exhibited by the world economies. Additionally, as a byproduct we obtain a foreseeing technique for estimating the future evolution based on the memory of the time series.


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