scholarly journals COVID-19 Pandemic Recession, Policy Response, and Recovery: A Canadian Perspective

2021 ◽  
Author(s):  
Nusrate Aziz ◽  
Thomas Barber ◽  
Marisa Stopes

The purpose of this paper is to explain the economic impact of the Covid-19 pandemic on Canada's economy and the response by the monetary authority. We also explain a potential adjustment process on the way to recover from the pandemic recession.

2021 ◽  
Author(s):  
Nusrate Aziz ◽  
Thomas Barber ◽  
Marisa Stopes

The purpose of this paper is to explain the economic impact of the Covid-19 pandemic on Canada's economy and the response by the monetary authority. We also explain a potential adjustment process on the way to recover from the pandemic recession.


2016 ◽  
Vol 46 (1) ◽  
pp. 109-127 ◽  
Author(s):  
KATHERINE E. SMITH ◽  
ELLEN STEWART

AbstractOf all the social sciences, social policy is one of the most obviously policy-orientated. One might, therefore, expect a research and funding agenda which prioritises and rewards policy relevance to garner an enthusiastic response among social policy scholars. Yet, the social policy response to the way in which major funders and the Research Excellence Framework (REF) are now prioritising ‘impact’ has been remarkably muted. Elsewhere in the social sciences, ‘research impact’ is being widely debated and a wealth of concerns about the way in which this agenda is being pursued are being articulated. Here, we argue there is an urgent need for social policy academics to join this debate. First, we employ interviews with academics involved in health inequalities research, undertaken between 2004 and 2015, to explore perceptions, and experiences, of the ‘impact agenda’ (an analysis which is informed by a review of guidelines for assessing ‘impact’ and relevant academic literature). Next, we analyse high- and low-scoring REF2014 impact case studies to assess whether these concerns appear justified. We conclude by outlining how social policy expertise might usefully contribute to efforts to encourage, measure and reward research ‘impact’.


Author(s):  
Aleksandar Erceg ◽  
Zafer Kilic

Unmanned aerial vehicles (UAVs) are present in our lives, and although they are mostly connected to military purposes, they are becoming more present in the commercial and civilian sector. Possible applications of UAVs in the commercial and civilian sector will open new possibilities for further research and development of UAVs. This movement can bring new investment and new jobs, but at the same time, it will influence the way some activities are being done now. The use of UAVs brings savings in the production cycles and improve current operations in various industrial sectors. The chapter gives a definition and explains different types and potential applications of unmanned aerial vehicles in the word as well as the potential economic impact of their development and use. In the second part, the chapter analyzes the application of drones in Turkey and Croatia. Although different in terms of their size and the number of inhabitants, both countries are at the same level in relation to UAV application. Applications in both countries are compared, and after that, a conclusion is drawn.


Subject COVID-19 UK economic impact. Significance The UK economy is already contracting sharply as a result of the restrictions imposed by the government to contain the spread of COVID-19. In response, the UK government has announced a major programme of fiscal measures to reduce job losses and business closures. This is not designed to prevent this immediate fall but intended to reduce permanent damage to the economy. Impacts If the COVID-19 crisis persists beyond a few months, the policy response could become more complex and politically divisive. The economic and social recovery from COVID-19 will be crucial for the prime minister's survival prospects. COVID-19 has significantly increased the chances of an extension to the Brexit transition period beyond December 2020.


2021 ◽  
Vol 68 (4) ◽  
pp. 987-1007
Author(s):  
Anthony Pham ◽  
Antoine Genest-Grégoire ◽  
Luc Godbout ◽  
Jean-Herman Guay

Tax systems are complex structures that can be difficult for individuals to navigate. Understanding the way taxes are calculated and liabilities are assessed matters a lot when personal saving for retirement and education, and much of the government's social policy apparatus, are closely integrated with the tax system. This study uses a survey to measure individuals' knowledge about basic elements of the personal income tax, their perception of their own tax knowledge, and their tax-filing behaviour. One would hope that tax-literate Canadians would have a high level of knowledge of the way taxes work, and a realistic appreciation of the limits of their knowledge, and thus that they could make informed decisions, for example, when filing their tax returns. The survey data show that Canadians have good knowledge of basic tax facts but struggle when asked more complex questions regarding the progressivity of the income tax. Results were generally consistent across provinces with the notable exception of respondents in Quebec, who had higher marks on the authors' tax quiz but lower self-assessed tax knowledge. The measurement instrument employed in the study will allow for a refinement of research exploring the drivers of tax compliance as well as political attitudes toward taxes and redistribution.


Subject Economic recovery. Significance The policy response to the COVID-19 pandemic has underscored the risks associated with depending on multinational supply chains for production. Given how vastly spread supply chains are in Europe, more severe lockdowns in France, Spain and Italy will slow the recovery in Germany, which has been hit less severely by the crisis. Even once supply chain activity has returned to normality, it can take several more months to restore levels of output. Impacts The health and economic impact of COVID-19 will force many European countries to reconsider their relations with China. The creation of more national supply chains would be a significant blow to industrial development in developing countries. Employees will be reluctant to return to work in areas with high levels of COVID-19 infections, potentially further disrupting production.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Peterson Ozili

PurposeThis paper examines the socio-economic impact of COVID-19 and the policy response in African countries.Design/methodology/approachThis study uses discourse analysis to analyse the socio-economic impact of COVID-19 in Africa.FindingsThe findings reveal that African countries have been affected by the coronavirus pandemic, and the effect was more severe for African regions compared to other regions. The rising pandemic affected social interaction and economic activities through the imposed social distancing policies that have different levels of strictness in several African countriesPractical implicationsThe implication of the findings is that social policies can affect the social and economic well-being of citizens. Secondly, the coronavirus outbreak has revealed how a biological crisis can be transformed to a sociological subject. The most important sociological consequence of the coronavirus outbreak for African citizens is the creation of social anxiety among families and households in the region. The outbreak has also shown how vulnerable African societies are in facing health hazards. Policymakers should enforce social policies that unite communities in bad times, to reduce social anxiety.Originality/valueThis is the first paper that explore the socio-economic impact of coronavirus and the policy response in African countries.


Author(s):  
Aleksandar Erceg ◽  
Zafer Kilic

Unmanned aerial vehicles (UAVs) are present in our lives, and although they are mostly connected to military purposes, they are becoming more present in the commercial and civilian sector. Possible applications of UAVs in the commercial and civilian sector will open new possibilities for further research and development of UAVs. This movement can bring new investment and new jobs, but at the same time, it will influence the way some activities are being done now. The use of UAVs brings savings in the production cycles and improve current operations in various industrial sectors. The chapter gives a definition and explains different types and potential applications of unmanned aerial vehicles in the word as well as the potential economic impact of their development and use. In the second part, the chapter analyzes the application of drones in Turkey and Croatia. Although different in terms of their size and the number of inhabitants, both countries are at the same level in relation to UAV application. Applications in both countries are compared, and after that, a conclusion is drawn.


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