scholarly journals Comparative analysis of Poland and selected countries in terms of household financial behaviour during the COVID-19 pandemic

Equilibrium ◽  
2021 ◽  
Vol 16 (3) ◽  
pp. 577-615
Author(s):  
Krzysztof Waliszewski ◽  
Anna Warchlewska

Research background: The outbreak of the COVID-19 pandemic, the reduction in income or the total loss of jobs have affected the financial behaviour of consumers worldwide. Managing the budget in times of turbulence and crisis has posed a challenge for households. Purpose of the article: The aim of the article is to determine to what extent the COVID-19 pandemic has affected the financial behaviour of the inhabitants of various countries and how Poland has stood out from the rest. Methods: Due to the orderly nature of the questions analysed, non-parametric tests were used in the analysis. The distribution of current expenditure in comparison with the period before the pandemic was analysed, as well as the results of comparative analyses with Mann-Whitney U tests for comparison of  Poland with Austria, Belgium, the Czech Republic, France (974), Germany, Italy, Luxemburg, the Netherlands, Romania, Spain, Turkey, the United Kingdom, the USA. A study was carried out on the relationship between planning for the future, having debts and savings and financial behaviour after the COVID-19 pandemic and the metric variables in the group of Poles via Chi square and a series of ? Kendall?s tests. Findings & value added: There has been a fall in expenditure compared to the period before the pandemic, which may explain the lack of opportunities to spend money, the fall in revenue and the freezing of expenditure for fear of an uncertain future. There has also been a change in the way payments are made. Payment cards and purchases made over the Internet are increasingly popular. In the face of the COVID-19 pandemic, consumers are trying to save more, but not everyone can afford to do so. Long-term value added of this paper is analysis of change in the model of financial behavior of households under the shock of the pandemic in international comparisons of the analysed countries.

Author(s):  
Анна Животовская ◽  
Anna Zhivotovskaia

The article considers the indicator of development of the country – macroconstant of the country's development, calculated on the basis of gross domestic product per employed person, as well as the mesoconstant of industrial development, calculated on the basis of gross value added per employed person in the industry, which can be used as target indicators of development, as well as for the long-term forecast of development on macro-and meso levels. The article analyzes the relationship between industry and the economy - the absolute specific growth of GDP and GVA in industry, estimated the coefficients of the relationship between observations of the same period, tested the presence of delayed effect. To assess the relationship between industry and the economy, the annual data of the following countries were analyzed: Russia and four countries from the G7 group: the USA, Germany, France, the United Kingdom for the period 1991-2017. In the framework of macro-planning, the calculated values can be used as a benchmark at the meso- and micro-level.


1975 ◽  
Vol 11 (4) ◽  
pp. 277-287 ◽  
Author(s):  
Martin E. Adams

SUMMARYThis paper, concerned with agricultural development planning problems in the Sahelian and Sudanian (semi-desert and savanna) zones in Africa between 10 and 16° North, describes a plan for Darfur, Western Sudan. This aims to modernize a stagnant and primitive technology and out-dated land rights which, in the face of rapid population increase and climatic change, are reducing the long-term carrying capacity of the land. The development plan (H.T.S., 1974) has been based on a 2-year (1972–73) survey by a team of physical and social scientists, financed by the Overseas Development Administration of the United Kingdom and the Ministry of Agriculture in the Sudan.


Significance The government's decision to delay its approval has raised questions about how and whether nuclear power will be developed further in the United Kingdom. The renewed uncertainty will do little to bolster the fortunes of the technology elsewhere in Europe. Impacts The high cost of new nuclear plants often makes government support necessary, which could lead to conflict with the European Commission. With investor confidence already low, the loss of Hinkley Point would adversely affect other proposed nuclear projects. The falling cost of renewable energy could make nuclear a less attractive option in the long term.


1975 ◽  
Vol 13 (4) ◽  
pp. 15-16

Since we last discussed pacemakers1 the reliability and life span of cardiac pacemakers have much improved so that drugs now have little place in the management of chronic heart block.2 Perhaps 12,000 – 20,000 patients with chronic heart block in the United Kingdom need a pacemaker,3 4 it has been estimated that in the USA over 50,000 people wear one.5 6 This article discusses the equipment used for long-term pacing.


2021 ◽  
Author(s):  
Grant Mason

High-rise towers characterize Toronto across a low-rise landscape. These towers represent a unique form for North America, and bring a series of challenges for future sustainability targets. Following storms in 2013, the topic of resilience has emerged as an important aspect of long-term sustainability. Storms are increasing in severity making them more difficult to resist. How can residents in high-rise buildings prepare for an uncertain future and demonstrate resilience in the face of hazards? What do condominium boards and apartment managers need to have prepared to mitigate the damage caused by a disaster? This paper analyzes existing literature of high-rise sustainability and desirability, recognizing these as important foundations for social cohesion (Uzzel, Pol, & Badenas, 2002) under the assumption that engagement and partnerships are central to community resilience (Chandra et al., 2011). The final product is a discussion guide for groups aiming to assess and develop their respective community’s resilience.


2021 ◽  
Author(s):  
Grant Mason

High-rise towers characterize Toronto across a low-rise landscape. These towers represent a unique form for North America, and bring a series of challenges for future sustainability targets. Following storms in 2013, the topic of resilience has emerged as an important aspect of long-term sustainability. Storms are increasing in severity making them more difficult to resist. How can residents in high-rise buildings prepare for an uncertain future and demonstrate resilience in the face of hazards? What do condominium boards and apartment managers need to have prepared to mitigate the damage caused by a disaster? This paper analyzes existing literature of high-rise sustainability and desirability, recognizing these as important foundations for social cohesion (Uzzel, Pol, & Badenas, 2002) under the assumption that engagement and partnerships are central to community resilience (Chandra et al., 2011). The final product is a discussion guide for groups aiming to assess and develop their respective community’s resilience.


2020 ◽  
Vol 13 (2) ◽  
pp. 19-47
Author(s):  
Abelardo Rodriguez

Brexit and America First are undeniable examples of a return to state-based politics. This article examines the dichotomy of identity and the state, which has given rise to imperial nostalgia. Nevertheless, the decisions of the elites and the dominant majorities may lead to the fragmentation of the United Kingdom. London has shown itself to be weak in the face of China, Russia, and India and it is not clear if, over the long term, it will be influential in the global political struggles in which the latter countries are challenging the power of the United States. There are even doubts as to whether the United Kingdom can articulate a strategic alliance with the United States, due to their respective differences over relations with China and Russia. The dispute for world hegemony is also being challenged by the forces of surveillance capitalism, which not only threatens regional cooperation and immigration, but also the ecosystem and the very future of the species.


2019 ◽  
Vol 21 (1) ◽  
pp. 51-63
Author(s):  
Dewi Saraswati ◽  
Dian Kusumaningrum

This study investigates the financial behavior and preferences of the bottom of the pyramid (BOP) group, and thus, contributes to the financial inclusion demand-side literature. A survey of 100 households was conducted. A cluster analysis was used to analyze the data and portray the characteristics of the BOP. Further analysis was conducted using chi-square and ANOVA tests. The results reveal three sub-groups within the BOP which consists of the very low, low, and medium. Financial behaviors are found to be indifferent among the sub-groups, except for savings allocations and financial planning. Households with a better economic condition are found to have a higher attention to use banking services. The financial literacy category indicates different attitudes in conducting long-term financial planning and service preferences. This result implies that financial literacy and adequate financial products are beneficial towards the financial inclusion of the BOP group.


2019 ◽  
Vol 24 (7) ◽  
pp. 1720-1757
Author(s):  
Matthieu Charpe ◽  
Slim Bridji ◽  
Peter Mcadam

This paper establishes some stylized facts of the long-run relationship between growth and labor shares using historical data for the USA (1898–2010), the United Kingdom (1856–2010), and France (1896–2010). Performing individual country time–frequency analysis, we demonstrate the existence of long-term cycles in labor share of 30–50 years explaining a major part of the variance in the data. Further, the impact of labor share on growth changes sign with the frequency considered from negative at high frequencies to positive at low frequencies. Finally, the positive coefficient associated with the labor share at low frequencies increases over time.


2014 ◽  
pp. 13-29 ◽  
Author(s):  
S. Glazyev

This article examines fundamental questions of monetary policy in the context of challenges to the national security of Russia in connection with the imposition of economic sanctions by the US and the EU. It is proved that the policy of the Russian monetary authorities, particularly the Central Bank, artificially limiting the money supply in the domestic market and pandering to the export of capital, compounds the effects of economic sanctions and plunges the economy into depression. The article presents practical advice on the transition from external to domestic sources of long-term credit with the simultaneous adoption of measures to prevent capital flight.


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