scholarly journals Institutional Provision of Destination Management in the Most Important and in the Crisis Period the Most Vulnerable Regions of Tourism in Slovakia

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Anna Michálková ◽  
Jozef Gáll
Keyword(s):  
Industry Concentration ◽  
Specific Situation ◽  
Employment Change ◽  
Regional Competitiveness ◽  
Current Crisis ◽  
Crisis Period ◽  
Obvious Advantage ◽  
Special Regard ◽  
Regional Component ◽  
Overnight Stays

Abstract The aim of the presented paper is to examine the specific situation in the institutional provision of tourism in Slovakia with special regard to the most important and in the crisis period the most vulnerable tourism regions, their identification is a partial goal of the paper. With regard to the current crisis period, the survey is supplemented by identifying factors of employment change, focusing mainly on the region’s competitiveness in tourism. The importance of regions is assessed in the article on the basis of potential for tourism development, further in terms of their importance for tourism in Slovakia based on tourism performance expressed by the number of overnight stays and on the basis of industry concentration of tourism measured by employment in tourism. We consider the most vulnerable regions to be those that reach the level of specialization in tourism (based on the localization coefficient) and it has a growing tendency. The research results show that the importance of regional competitiveness in tourism for employment change (which is a regional component) is very different despite the established destination management, it is even negative, and in the case of positive figures, it is without an obvious advantage over other factors analyzed in the shift-share analysis. Also, it is possible that the current crisis period caused by measures in connection with the COVID-19 pandemic will help to find endogenous solutions to fragmented destination management in the most important and vulnerable tourism regions, or legislative solutions related to the amendment to the Tourism Promotion Act.

scholarly journals Political Crisis in France: «Gilets Jaunes» and the End of the «First Period» of the Emmanuel Macron’s Governance

2019 ◽  
Vol 65 (2) ◽  
pp. 101-135
Author(s):  
E. O. Obichkina
Keyword(s):  
Point Of View ◽  
Political Crisis ◽  
Consumer Society ◽  
Specific Situation ◽  
Spontaneous Movement ◽  
French Society ◽  
Current Crisis ◽  
Digital Revolution ◽  
European Elections ◽  
Modern Capitalism

The article analyzes the current political crisis in France, the most striking manifestation of which is the «gilets jaunes» (yellow vests) movement. The current crisis is partly a consequence of the protracted identity crisis at both extremes of French political spectrum, resulting from a long period of relatively conflict-free alternation of left and center-right parties in a relatively favorable economic environment that accompanies the development of a consumer society and a social state. This model, which can be called «consumer democracy», has failed with the onset of the global economic crisis. The «stepsons» of modern capitalism, who are used to relying on social guarantees from the «welfare state» persistently reject the neoliberal recipes favorable among elites for dealing with the crisis. A wave of «gilets jaunes» protests seems to be contingent on the specific situation that emerged in France during the presidential elections of 2017 and the beginning of the era of Emmanuel Macron, who aims at restructuring French society and economy. Its main feature is the growing public disbelieve in and simultaneous collapse of both political parties that occupy and divide the French political Olympus at the time of power transition. Macron’s supporters enjoy an absolute majority in the Parliament without any meaningful opposition capable of opposing the president. It allows for a rapid rate of reforms but produces a backlash from society that perceives the situation as a violation of the dialogue between voters and legislators. Dissatisfied people without any hope to be heard join the ranks of the mass spontaneous movement of «gilets jaunes», triggered by the introduction of the so-called «environmental» tax. This movement can be viewed from different perspectives – political analysis can be complemented by historical anthropology, because the spontaneous nature of the protest resembles the anti-tax uprisings of the 17th-18th centuries. From a philosophical point of view, it seems to be a reaction of outsiders to deep social transformations associated with the pauperization of the middle classes, globalization, waves of migration and the digital revolution. The government’s response – revocation of the law that triggered the movement and the launch of «big national debates» – led to a relative decline in the activity of «gilets jaunes», but the main reason for the downturn is preparation for the upcoming European elections, which could be used as an opportunity to voice their discontent with the president and to return the civil protest in the electoral channel. The «gilets jaunes» movement hardly has any political future, but its experience, social potential and methods can be used in future protests, since its main agenda has not been exhausted – reconciliation of the neoliberal economic policies with the interests of the disadvantaged part of French society.

scholarly journals The fat years: the structure and profitability of the US banking sector in the pre-crisis period

2009 ◽  
Vol 33 (4) ◽  
pp. 609-632 ◽  
Author(s):  
Fiona Tregenna
Keyword(s):  
Banking Sector ◽  
Policy Implications ◽  
Current Crisis ◽  
Bank Profitability ◽  
Crisis Period ◽  
Efficient Performance ◽  
The Us ◽  
The Usa ◽  
The Relationship ◽  
Robust Evidence

Abstract Bank profitability in the USA was extremely high in the pre-crisis period, yet this did not prevent the current crisis. It has become clear that these profits were on shaky grounds and also that bank profits were not used to buttress banks’ capital bases. This paper analyses the effects of structure on profitability from 1994 to 2005. Bank-level panel data are used to test the effects of concentration, market power, bank size and operational efficiency on profitability. Efficiency is not found to be a strong determinant of profitability, suggesting that banks’ high profits during this period were not ‘earned’ through efficient performance. Robust evidence is found that concentration increases bank profitability. This holds even when the largest banks are excluded from the sample, suggesting that the relationship between concentration and profitability acts in a generalised structural way and that the higher profits arising from concentration are at the expense of the rest of the economy. The analysis points to various policy implications relevant to the current crisis, in particular in terms of the legitimacy of expectations of the restoration of pre-crisis profit rates and the need for much stronger regulation of the banking sector, especially in terms of the structure of the sector, pricing behaviour and use of profits.

scholarly journals The Impact of the Global Crisis on External Communication in the Circular Economy

2021 ◽  
Vol 92 ◽  
pp. 05024
Author(s):  
Jarmila Šalgovičová ◽  
Peter Ušák
Keyword(s):  
Circular Economy ◽  
Value Added ◽  
Individual Member ◽  
Specific Situation ◽  
The European Union ◽  
Current Crisis ◽  
Global Crisis ◽  
External Communication ◽  
External Data ◽  
The Impact

Research background: We are in a period when the society got into a global crisis. The main trigger was the arrival of a worldwide coronavirus pandemic. The European Union is responding and sending an unprecedented rescue package to help the economies of the individual Member States. In a short time, entrepreneurs are forced to drastically change their strategies to ensure a basic survival in the market. Under the influence of globalization in connection with the crisis, companies are under increasing pressure to base their business activities on the principles of the circular economy. Purpose of the article: The aim of the paper is to analyze the external communication in a particular multinational company and to point out the advantages of applying the principles of the circular economy, used in the conditions of the global economic crisis. Methods: We will analyze theoretical knowledge from domestic and foreign authors. We will analyze external data that will provide us with information about the tools of external communication that are used in the standard period and we will compare them with the external communication used in the current crisis period. Findings & Value added: The contribution of the paper is in pointing to the fact that external communication and communication tools tend to change depending on the specific situation in which the company finds itself, how companies had to adjust their external communication depending on the pandemic in which the whole society found itself.

Special Issue: Regional Dimensions of the Triple Helix Model

2016 ◽  
Vol 30 (1) ◽  
pp. 5-11 ◽  
Author(s):  
Emanuela Todeva ◽  
Mike Danson
Keyword(s):  
Economic Development ◽  
Regional Development ◽  
Triple Helix ◽  
Regional Level ◽  
Special Issue ◽  
Regional Competitiveness ◽  
Special Regard ◽  
Triple Helix Model ◽  
Research Activities ◽  
Introductory Paper

This paper introduces the rationale for the special issue and its contributions, which bridge the literature on regional development and the Triple Helix model. The concept of the Triple Helix at the sub-national, and specifically regional, level is established and examined, with special regard to regional economic development founded on innovation and research activities. The discussion on regional competitiveness lays the foundations for the exploration of contrasting environments, sectors and administrations. The authors offer a framework that captures the array of institutions, driving factors, players and powers active at the regional level. This introductory paper presents and summarizes the articles that follow, emphasizing their contribution to the literature. It shows how the various contributions exploit the Triple Helix model to analyse policy delivery at a regional level, and describes how other models and characterizations of interactions and collaborations between institutions are being associated with the Triple Helix concept, highlighting both their shortcomings and the way they enrich its application.

Impact of COVID-19 on Nuclear Medicine in Germany, Austria and Switzerland: An International Survey in April 2020

2020 ◽  
Vol 59 (04) ◽  
pp. 294-299 ◽  
Author(s):  
Lutz S. Freudenberg ◽  
Ulf Dittmer ◽  
Ken Herrmann
Keyword(s):  
Nuclear Medicine ◽  
Health Systems ◽  
Personal Protective Equipment ◽  
Large Scale ◽  
Diagnostic Procedures ◽  
Protective Equipment ◽  
Current Crisis ◽  
Web Based ◽  
Public Versus Private ◽  
The Impact

Abstract Introduction Preparations of health systems to accommodate large number of severely ill COVID-19 patients in March/April 2020 has a significant impact on nuclear medicine departments. Materials and Methods A web-based questionnaire was designed to differentiate the impact of the pandemic on inpatient and outpatient nuclear medicine operations and on public versus private health systems, respectively. Questions were addressing the following issues: impact on nuclear medicine diagnostics and therapy, use of recommendations, personal protective equipment, and organizational adaptations. The survey was available for 6 days and closed on April 20, 2020. Results 113 complete responses were recorded. Nearly all participants (97 %) report a decline of nuclear medicine diagnostic procedures. The mean reduction in the last three weeks for PET/CT, scintigraphies of bone, myocardium, lung thyroid, sentinel lymph-node are –14.4 %, –47.2 %, –47.5 %, –40.7 %, –58.4 %, and –25.2 % respectively. Furthermore, 76 % of the participants report a reduction in therapies especially for benign thyroid disease (-41.8 %) and radiosynoviorthesis (–53.8 %) while tumor therapies remained mainly stable. 48 % of the participants report a shortage of personal protective equipment. Conclusions Nuclear medicine services are notably reduced 3 weeks after the SARS-CoV-2 pandemic reached Germany, Austria and Switzerland on a large scale. We must be aware that the current crisis will also have a significant economic impact on the healthcare system. As the survey cannot adapt to daily dynamic changes in priorities, it serves as a first snapshot requiring follow-up studies and comparisons with other countries and regions.

On the Exchange Rate Policy

2010 ◽  
pp. 21-28
Author(s):  
K. Yudaeva
Keyword(s):  
Monetary Policy ◽  
Exchange Rate ◽  
Inflation Targeting ◽  
Exchange Rate Policy ◽  
Institutional Changes ◽  
Crisis Period ◽  
Local Currency ◽  
High Inflation ◽  
Rate Policy ◽  
The Exchange Rate

The level of trust in the local currency in Russia is very low largely because of relatively high inflation. As a result, Bank of Russia during crisis times can not afford monetary policy loosening and has to fight devaluation expectations. To change the situation in the post-crisis period Russia needs to live through a continuous period of low inflation. Modified inflation targeting can help achieve such a result. However, it should be amended with institutional changes, particularly development of hedging instruments.

Sign in / Sign up

Export Citation Format

Share Document