scholarly journals Vietnamese Tea Exporting and Forecasting to 2030

2020 ◽  
Vol 3 (2) ◽  
pp. 636-646
Author(s):  
To-The Nguyen ◽  
Nguyen-Anh Tuan ◽  
Le Phuong Thao
Keyword(s):  
Negative Impact ◽  
Export Price ◽  
Upward Trend ◽  
Internal Factors ◽  
High Productivity ◽  
Tea Industry ◽  
The World ◽  
Hybrid Seeds ◽  
Tea Production ◽  
The Government

This study aimed to determine the factors influencing Vietnamese tea export quantities, namely, the internal factors of national tea production, productivity, and cultivated areas, and the external factors of export price and world tea export quantity (excluding Vietnam). We employed a time-series linear model to estimate the magnitude as well as the sign of the aforementioned factors on Vietnam’s tea export quantity and two Box-Cox transformations called a simple back-transformed forecast and a bias-adjustment to forecast the growth rate of the Vietnamese tea export quantity until 2030. The results suggested that except for the total domestic tea production, all the proposed factors significantly affected the Vietnamese tea export quantity. The tea export quantity of other nations around the world had a significantly negative impact on Vietnamese tea that led to Vietnam’s tea exports dropping by 34 tons on average since the other countries exported 1,000 tons of tea. The forecasted outcome suggested an upward trend of Vietnamese tea exports up to 2030. In order to sustainably develop Vietnam’s tea industry, we recommend that the government should take supportive actions such as investing in in-depth tea processing to improve Vietnam’s tea export quality, focusing on post-harvest activities, investing in organic or high-value tea rather than conventional tea, continuing to  accumulate land to support the growth of cultivated tea areas, and maintaining high productivity by using hybrid seeds.

scholarly journals Out-of-Control COVID-19 Pandemic Hampers the Nationalism

2020 ◽  
pp. 147892992097352
Author(s):  
Aly Hiko ◽  
Austin Horng-En Wang
Keyword(s):  
United States ◽  
Large Scale ◽  
Negative Impact ◽  
The United States ◽  
The World ◽  
The Government

Early studies show that the COVID-19 pandemic causes the rally-around-the-flag effect and increases the level of nationalism among the voters after the outbreak. However, how long does this boost last? Voters may cognitively withdraw their identification to the beloved country if the pandemic is rampant in where they live as well as when the government fails to address it thoroughly. We conducted a pre-registered MTurk experiment (n = 606) on 20 April 2020, in the United States—3 months after the first confirmed case and weeks after the large-scale lockdown. Results show that US subjects who were primed of the COVID-19 in the United States significantly decreased their level of nationalism, especially among Democrats. In contrast, the priming of “COVID-19 in the world” has no effect. The negative impact of COVID-19 on nationalism could be explained by enough time as people could observe and evaluate the government’s performance after the outbreak through the partisan lens.

Strategies for Developing Sustainable and Competitive Cluster For Handycrafts –Based Small Medium Enterprise (SME)

2020 ◽  
Vol 8 (3) ◽  
pp. 11-20
Author(s):  
Lindawati Kartika
Keyword(s):  
Global Economy ◽  
External Environment ◽  
Secondary Data ◽  
Policy Formulation ◽  
Raw Material ◽  
Local Market ◽  
Internal Factors ◽  
Record Keeping ◽  
High Productivity ◽  
The Government

The SME Assist concept was formulated in August 2009 in line with the philosophy of university-industry engagement. Small Medium Enterprises (SMEs) are important economic driving force in many countries. Previous researches show that efforts taken by various parties and governments of different countries have helped improve and transform SMEs to be competitive in the fast changing global economy. In Indonesia specifically in Bogor regency, West Java, there are different models or approaches adopted and implemented by various parties. However, competitiveness of SME  remains an area of concern. For Handycrafts-based SME, in order to meet these expectations and fulfil their contributions to the development process, it is absolutely important that they have high productivity. It is essential that these industries provide productive and remunerative employment and, for their survival and growth, offer products and services at competitive quality and price. The Handycrafts-based SME has a potential to develop in Bogor Regency which is located in tourism area and divided into Villages (Cilember, Leuwimalang, Cisarua, Cibeireum, Kopo and Jogjogan) in Cisarua District.             Handycrafts is the dominant cluster that can generate earning sources and give role of economics which is very significant. Unfortunately, the existence of the Handycrafts-based SME is not as good as most people expected, because there are many constraints faced. In the mean time, the infrastructure and access information concerning capital, technology, management and marketing are limited. Therefore, it is essential to formulate strategy to develop handycrafts-based SME based on internal and external factors. The objectives of this research are to identify the characteristics of handycrafts-based SME in Bogor Regency to have actual conditions, and to analyze the SME’s internal-external environment and to select the alternative strategies for development .             The development strategies of handycrafts-based SME are proposed according to external and internal factors. These factors influence and determine the development dynamic and growth of handycrafts-based SME. The combination of strength and weaknesses together with external situation will determine the development posibility of SME. The score analysis method was used to analyze the internal external environment used for generating strategy using analytical Hierarchy Process (AHP) method. Hierarcy decisions was based on interpretation of secondary data concerning external and internal factors which influence the growth of SME and early discussion with experts from the SME entrepeneurs, academics, and local government. The prioritation of alternatives strategy was determined synchronization of literature and opinion of expert responder, then the result was processed with AHP. The results of this research show that the characteristics of handycrafts-based SME in Bogor Regency are: using traditional management, simple record-keeping administration, having local market and regional sale, utilize local or regional raw material, perform continous production system, having good quality awareness, using self or family capital resource, utilize simple equipments and technology and also having good innovation capability. According to the score assessment of AHP, the main strategy for the development of handycrafts-based SME in Bogor Regency is give more or better attention for policy formulation and based on socialpreneurship. This strategy means that the government policy should enhance or at least not constraining the development of handycrafts-based SME. The policy should also accommodate the necessity of all stakeholders related to handycrafts-based SME

scholarly journals Features of the Ukrainian M&A Market

2021 ◽  
Vol 6 (521) ◽  
pp. 298-304
Author(s):  
K. V. Travkina ◽  
◽  
O. А. Shuba ◽  
Keyword(s):  
Mergers And Acquisitions ◽  
Negative Impact ◽  
State Register ◽  
Current State ◽  
The World ◽  
The Government ◽  
Negative Characteristic ◽  
Cis Countries ◽  
The Cost ◽  
Research Period

The article is aimed at researching the current state and peculiarities of the Ukrainian M&A market. The market of mergers and acquisitions in Ukraine began to form in the 90s of 20th century, that is, the market is relatively young, but already has its own history, which consists of a consistent four stages: privatization; post-privatization; corporate and speculative. The domestic M&A market is characterized by the formation of a tendency to increase the value of agreements. During the research period (2013–2020), the most expensive M&A agreements in Ukraine were most often concluded in such sectors of the economy as communication and media, financial sector, agriculture. The level of transparency remains low, that is, in Ukraine more than 40% of agreements were concluded without disclosing the cost. Ukrainian investors practically do not participate in the purchase of foreign assets within the framework of mergers and acquisitions agreements. Until 2013, the main investor in the Ukrainian M&A market was Europe, now it is the CIS countries, and the participation of American companies is also growing. The COVID-19 pandemic has had a negative impact on all countries of the world. Ukraine’s GDP decreased by 4.4%, which was the largest drop since 2013–2014. Also in Ukraine significantly decreased the number of agreements on the M&A market (decreased by 15%, and the total value of agreements decreased by 62%). A negative characteristic feature of the domestic M&A market is the presence of raider seizures, which hinders the development of this market. Using the data of the Unified State Register of Court Decisions, we determined that from 500 to 700 raider attacks are recorded annually in Ukraine. Thus, during the research period (2013–2020), 3,242 raider seizures were recorded in Ukraine. In this regard, the government of the country has developed measures to overcome this phenomenon. Thus, in 2020, the Law of Ukraine «On Amendments to Certain Legislative Acts of Ukraine on Countering Raiding» came into force, which will contribute to the improvement of the investment attractiveness of the country, will ensure the growth of the domestic market of mergers and acquisitions.

scholarly journals MEMBUMIKAN PENDIDIKAN NILAI MENGHASILKAN AKHLAKUL KARIMAH

2021 ◽  
Vol 1 (1) ◽  
pp. 57-63
Author(s):  
Saiful Bahri
Keyword(s):  
Interpersonal Relationships ◽  
Negative Impact ◽  
Science And Technology ◽  
Public Life ◽  
Point Of View ◽  
Mutual Respect ◽  
Mutual Assistance ◽  
The World ◽  
Moral Point ◽  
The Government

The world of adolescents faces various problems as a result of advances in science and technology which also have a negative impact on various problems, for example the value of mutual assistance, the value of politeness. affection, mutual respect and others that have been lost in adolescents and even in public life in general, the consequences of this current are very influential on the psychology of the development of adolescents today, actually if we observe together a necessity that must be developed by the government, parents, schools and communities must jointly embrace this lost culture so that they realize that the values ​​of politeness, morals, behavior and others are so important in this case, value education plays an important role. Value education is education that considers objects from a moral and non-moral point of view, which includes aesthetics of assessing objects from the point of view of personal beauty and taste, and ethics that assesses right or wrong in interpersonal relationships, education plays a very important value in the endeavor. to reach a whole human. The value of guidance as an integral part of education can be a powerful tool in warding off negative influences, influences both from within the country and abroad.

scholarly journals The consequences of the Cuban embargo escalation driven by the impact of the coronavirus pandemic on the global economy

2021 ◽  
Vol 8 (4) ◽  
pp. 9-24
Author(s):  
J. L. Rodríguez
Keyword(s):  
Global Economy ◽  
Negative Impact ◽  
Foreign Direct Investments ◽  
Capital Investments ◽  
Government Program ◽  
Monetary Regime ◽  
The World ◽  
Key Factor ◽  
The Government ◽  
The Impact

The world economy is facing an unprecedented crisis. The COVID-19 pandemic demonstrated the real scale of the imminent crisis of neoliberal model, accelerating its development and aggravating its consequences. The situation in the global economy had a negative impact on the Cuban economy, especially since it coincided with tightening of economic embargo by Donald Trump Administration against Cuba launched more than 60 years ago. This article provides a preliminary assessment of the consequences of the crisis bearing in mind that the damage will depend upon duration and intensity of the pandemic around the world. Given the open nature of the Cuban economy, the estimates are based on the projected dynamics of the global economy. In the first part of the article the author, relying on extensive statistics, analyzes international context in which the economic situation in Cuba is developing, as well as the key obstacles to the country’s economic development. Further on, the author examines in detail the course of COVID-19 pandemic development in the country, assessing key peculiarities of the government program to combat the virus. The author also makes a detailed analysis of the government program for economic recovery and development, paying specific attention to the peculiarities of the monetary regime in force in Cuba. In the final part of the article the author provides an analysis of the main priorities of the government at the present stage, namely, increasing foreign exchange earnings, food production and improving the efficiency of capital investments, especially foreign direct investments. The author concludes that the key factor for Cuba development will be the effectiveness of application of the economic policy approved by the government and promptness of the reforms that are required to overcome existing obstacles.

scholarly journals Challenges and risks in the process of Russia’s post-pandemic economic recovery

2021 ◽  
pp. 133-138
Author(s):  
O. M. Makhalina ◽  
V. N. Makhalin
Keyword(s):  
Structural Changes ◽  
Negative Impact ◽  
Action Plan ◽  
Sustainable Growth ◽  
National Action Plan ◽  
Russian Economy ◽  
The World ◽  
Macroeconomic Indicators ◽  
The Government

The COVID-19 pandemic in 2020 has had a negative impact on economies around the world. The article analyses the macroeconomic indicators characterising the Russian economy after the COVID-19 pandemic. The results of this action on Russia’s global indicators have been compared with those of some countries in the world. The objectives and activities of the “National Action Plan for Employment and Income Recovery, Economic Growth and Long-Term Structural Changes in the Economy” (hereinafter the “National Action Plan”) have been considered. This document sets out the country’s development over the next two years and measures to recover the economy from the COVID-19 pandemic. The Government of the Russian Federation is allocating 5 trillion roubles for the implementation of the “National Action Plan”. Meanwhile, the main objective is to ensure a sustainable economic development and income growth path within two years. The indicators of the main goal to be achieved by the end of 2021 are: sustainable growth of the personal income; reduction of unemployment to 5%; growth of the gross domestic product by 2.5% per annum. In conclusion, the challenges and risks in implementing the “National Action Plan” have been formulated. 

scholarly journals The Negative Impact of Social Media during COVID-19

2021 ◽  
Vol 58 (2) ◽  
pp. 495-507
Author(s):  
Astha Kumari
Keyword(s):  
Mental Health ◽  
Social Media ◽  
Negative Impact ◽  
Modern World ◽  
Fake News ◽  
The World ◽  
Negative Effect ◽  
Social Media Platforms ◽  
The Government ◽  
World Information

It has been observed that social media platforms have had both a positive and negative effect on how India has dealt with the COVID 19 pandemic. As the coronavirus took over the world, many took to social media to learn about how the virus spreads and what it is. Although this helped inform everyone on how to take precautions against this deadly virus, a lot of the information that users were reading was not verified or fact-checked and labeled as "fake news". In the modern world, information is spread very quickly through a variety of social media platforms. Because of this, there was widespread panic even before the COVID-19 virus had even reached India. Many citizens bought an excessive surplus of supplies such as masks, hand sanitizers, and food, which ultimately led to a shortage of these supplies for the 1.3 billion people in this country. The shortage of supplies along with the lockdown process which severely impacted the economy has led to an increase in price to the majority of essential products such as food, hand sanitizers, masks, etc. The most affected were the average day workers. Social media has caused widespread panic and hogging of essential supplies along with false facts of the virus itself, however, there are some things that we have benefited from due to social media. For example, social media has shown us the importance of social distancing and activities that we can do to keep our mental health in check while under lockdown. In short, I believe social media should be regulated and kept under watch by the government in certain aspects when it comes to spreading information about pandemics like covid19. If regulated properly we can avoid mass panic and anarchy and will be able to survive this pandemic as one.

scholarly journals Financial and economic aspects of Ceylon Tea Industry in Sri Lanka

2019 ◽  
Vol 3 (3) ◽  
pp. 131-135 ◽  
Author(s):  
Manik Jayasundera
Keyword(s):  
Sri Lanka ◽  
State Policy ◽  
Raw Material ◽  
Economic Aspects ◽  
Tea Industry ◽  
Long Run ◽  
Logical Sequence ◽  
Tea Production ◽  
The Government ◽  
Key Aspects

The functioning of the tea industry forms the main source of revenue for Sri Lanka’s budget, which is now ranked as the world’s fourth largest tea producer and second largest exporter. About 20% of the world’s tea products are sourced from Sri Lanka. The key objective of this study is to analyze the financial and economic aspects in the context of studying the peculiarities of sales of tea production enterprises. The research of this question in the article is carried out in the following logical sequence: the specifics of the process of making tea products are studied; the historical aspects of the formation and development of the tea industry in Sri Lanka; identified the main directions of state policy in terms of functioning of tea production enterprises; Key aspects of the pricing and marketing policy of the tea industry have been analyzed; features of implementation of export mechanisms are indicated. The article focuses on the system of taxation by the government of the tea industry, taxes in the context of which are designed to redistribute gross domestic revenue in accordance with priority directions of state social policy. The paper notes that the Government of Sri Lanka has now implemented subsidy mechanisms for tea companies: 1) subsidy for the modernization of production facilities in the long run; 2) subsidy for the development of the tea industry to improve the efficiency of tea processing and its transformation into other varieties; 3) short-term subsidy, which insures against falling tea prices or rising raw material costs; 4) marketing subsidies in the form of tea promotion grants, discounts on import duties and grants from the Export Development Board. The study made it possible for the authors to summarize the following: in 2019, there is a gradual fragmentation of land and a shortage of skilled labor in the Sri Lankan tea industry; state policy to support the tea sector will in the long run allow for appropriate reforms and mechanisms for regulating aspects of the tea industry (adjusting exports and imports, pricing systems, subsidy programs, state land redistribution programs). Keywords: government policy, pricing, sales mechanisms, exports, income and losses, tea industry.

scholarly journals The development of tourism: the experience of Russia

2018 ◽  
Vol 170 ◽  
pp. 01028 ◽  
Author(s):  
Tatiana Lavrova ◽  
Vladimir Plotnikov
Keyword(s):  
Economic Growth ◽  
Negative Impact ◽  
Tourism Development ◽  
Practical Interest ◽  
Tourism Industry ◽  
Special Significance ◽  
Internal Factors ◽  
The World ◽  
The Russian Federation

Tourism - one of the promising sectors of the economy. In the world, the pace of development of tourism is outstripping. Tourism is the driver of economic growth. It acquires special significance in Russia, whose economy is actually in a state of stagnation. The authors analyze the peculiarities of tourism development in the Russian Federation taking into account the influence of external and internal factors. They assess the state of domestic and incoming tourism, as well as identify trends in the development of tourism in the country. Prospective directions of development of the tourism industry are considered. Of practical interest is the author's classification of factors that have a positive and negative impact on the development of tourism. The results of the research can be claimed in the management of tourism development not only at the national, but also at the regional and municipal levels.

scholarly journals Peran Bank Pembiayaan Rakyat Syariah (BPRS) Dalam Pemberdayaan Ekonomi Masyarakat Bangka Belitung

2019 ◽  
Vol 5 (1) ◽  
pp. 36
Author(s):  
Ahmad Fauzi
Keyword(s):  
Pacific Islands ◽  
Negative Impact ◽  
Small And Medium Enterprises ◽  
Commodity Prices ◽  
Government Policies ◽  
Economic Empowerment ◽  
Economic Decline ◽  
Internal Factors ◽  
The Government ◽  
Medium Enterprises

Community economic decline as a result of commodity prices dropped and the depletion of land for mining and burdensome regulation miners negative impact on revenue Pacific Islands community where the majority of farmers and miners. This is the reason for researchers to examineRole of People's Bank Syariah Financing (SRB) Economic Empowerment In Bangka Belitung. Results from these studies areBank Financing Sharia (SRB) Bangka Belitung in developing the Micro, Small and Medium Enterprises (SMEs) only to providers of financing for communities that need capital to start a business or expand it. Constraints Financing Bank Rakyat Syariah (SRB) Bangka Belitung in developing the Micro, Small and Medium Enterprises (SMEs) which are internal factors such as the collateral for the financing, external factors such as Human Resources (HR) is not much and the government policies that have not been aligned to the bank sharia.

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