scholarly journals A Predictive Model for Assessing the Impact of the COVID-19 Pandemic on the Economies of Some Eastern European Countries

Author(s):  
Marina Vasiljeva ◽  
Inna Neskorodieva ◽  
Vadim Ponkratov ◽  
Nikolay Kuznetsov ◽  
Vitali Ivlev ◽  
...  

The paper seeks to develop a predictive model for assessing the impact of the (COVID-19) pandemic on the economies of Eastern Europe, taking into account quarantine measures. Functions of the dependence on the number of the infected populations in Eastern Europe on pandemic duration were calculated based on trend analysis. Factors affecting the intensity of disease and the number of infected persons have been determined. Integral model of their influence has been built using regression analysis. Based on the values of the factors, the number of infected people and the rate of infection were predicted for each of the Eastern European countries. The prognostic duration of the stage of exponential disease growth and the total duration of quarantine (epidemiological saturation point) are substantiated. The predicted decline in Eastern European GDP due to COVID-19 has been estimated based on the construction of a prognostic regression model. The results obtained can be used by state authorities and economic agents as a tool for active and preventive response. They can also serve as an example of the urgent need to develop, especially in non-standard situations, mechanisms and products of open innovation.

2015 ◽  
Vol 29 (2) ◽  
pp. 487-503
Author(s):  
Tsveta Petrova

This article argues that Eastern Europe continues to be defined and redefined not just by the actual patterns of socio-economic and political reproduction of the distant and proximate regimes governing the region but also through the perceptions of such legacies as generating fundamental similarities. Such perceived similarities, whether or not closely mapped on the objective parallels among countries in Eastern Europe, facilitate intra-region diffusion that results in (further) spatio-temporal socio-economic and political similarities specific to the region. To illustrate this relationship between precommunist and communist legacies, intra-region diffusion, and the production of Eastern Europe, the article examines Slovakia’s diffusion entrepreneurship in the wave of electoral breakthroughs in Eastern Europe in the late 1990s and early 2000s. This article contributes to the literatures on Eastern Europe and comparative democratization in two main ways. First, it adds to the work on the impact of spatio-temporal dependence on transition outcomes, such as democratization, in Eastern Europe. Second, by doing so, the article also documents the impact of an understudied set of democracy promoters—the Eastern European countries.


2021 ◽  
Vol 5 (1) ◽  
pp. 25
Author(s):  
Souhir Abbes

In this paper, we use the Logarithmic Mean Divisia Index (LMDI) to apply decomposition analysis on Carbon Dioxide (CO2) emissions from transport systems in seven Eastern European countries over the period between 2005 and 2015. The results show that “economic activity” is the main factor responsible for CO2 emissions in all the countries in our sample. The second factor causing increase in CO2 emissions is the “fuel mix” by type and mode of transport. Modal share and energy intensity affect the growth of CO2 emissions but in a less significant way. Finally, only the “population” and “emission coefficient” variables slowed the growth of these emissions in all the countries, except for Slovenia, where the population variable was found to be responsible for the increase in CO2 emissions. These results not only contribute to advancing the existing literature but also provide important policy recommendations.


2020 ◽  
Vol 22 (2) ◽  
pp. 5-33
Author(s):  
Ljubivoje Radonjić ◽  
◽  
Nevena Veselinović ◽  

The primary objective of the article is to examine the nexus between inflation, R&D, patents, and economic growth within a group of Central and Eastern European countries (CEECs). The examination is conducted in two parts. First, the impact of total R&D expenditures on economic growth is observed, as well as the influence of growth on private and public R&D investments. Second, the conversion from private and public R&D investment to innovation, measured by the number of patents, is observed. Throughout the analysis, economic growth and inflation are representative of macroeconomic stability. The outcomes of the panel auto-regressive distributed lag estimation indicate that total R&D expenditures are essential and positively significant for economic growth in the observed countries. The results also show that output growth has a remarkably positive impact on generating private R&D expenditures. Such an influence is also found, but at a weaker level, in the case of public R&D expenditures. In this part of the analysis, inflation has demonstrated a harmful influence on R&D expenditures. The results of the second part indicate that public and private R&D expenditures, at a significant level, generate innovation activities, while the impact of inflation has proven to be unimportant.


2021 ◽  
Vol 24 (3) ◽  
pp. 7-25
Author(s):  
Kunofiwa Tsaurai

The study investigates the effect of mining on both poverty and income inequality in Central and Eastern European countries (CEECs) using econometric estimation methods with panel data spanning from 2009 to 2019. Another objective of this paper was to determine if the complementarity between mining and infrastructural development reduced poverty and or income inequality in CEECs. What triggered the study is the failure of the existing literature to have a common ground regarding the impact of mining on poverty and or income inequality. The existing literature on the subject matter is contradictory, mixed, and divergent; hence, it paves the way for further empirical tests. The study confirmed that the vicious cycle of poverty is relevant in CEECs. According to the dynamic generalized methods of moments (GMM), mining had a significant poverty reduction influence in CEECs. The dynamic GMM and random effects revealed that the complementarity between mining and infrastructural development also enhanced poverty reduction in CEECs. Random effects and pooled OLS shows that mining significantly reduced income inequality in CEECs. However, random effects and the dynamic GMM results indicate that income inequality was significantly reduced by the complementarity between mining and infrastructural development. The authorities in CEECs are therefore urged to implement mining growth and infrastructural development-oriented policies in order to successfully fight off the twin challenges of poverty and income inequality.


1995 ◽  
Vol 7 (2) ◽  
pp. 301-308 ◽  
Author(s):  
Norman Sartorius

Recent major political changes in Eastern European countries might have affected their suicide rates. For this article, suicide statistics available to the World Health Organization were used to compare data from eight Eastern European countries to those from seven countries in Northern or Western Europe. Comparisons were made between 1987 and 1991/92 data using total suicide rates for each country, rates by gender, and rates for the elderly (age 75 and older). The total rates indicated an increase in suicide in Eastern European countries and a decrease in other European countries. The ratio of male-to-female suicides in the Eastern European countries increased during this time as well, more than in other European countries. Among those over the age of 75, however, rates of suicide in Eastern European countries decreased; this pattern was less clear in the European countries chosen for comparison. The article discusses the role of economic, cultural, and health service factors affecting these trends.


2020 ◽  
Vol 19 (1) ◽  
pp. 45-55
Author(s):  
Nadiia Proskurnina ◽  
Jürgen Kähler ◽  
Rosario Cervantes-Martinez

The subject of this paper is empirical research on studies of exchange rates in Eastern European countries, such as Albania, Bulgaria, Bosnia and Herzegovina, Belarus, Czech Republic, Estonia, Croatia, Hungary, Latvia, Lithuania, Moldova, (North) Macedonia, Montenegro, Poland, Romania, Serbia, Slovakia, and Slovenia, in order verify the validity of theories that explain these changes. This research aims to explain the mixed evidence of the Balassa-Samuelson effect in Ukraine, taking into account the intentions of Ukraine to become a member of the European Union. Unlike previous works, the attention is shifted to a review of empirical evidence and the identification of main factors that limit the ability to verify the theory. The main conclusion is that all the currencies studied underwent substantial real appreciations during the study period. Thus, it can be concluded that an adequate monetary policy in countries under study is very important, given that local exchange markets are not sustainable enough and the volatility of exchange operations is higher than in countries with developed economies. However, the Balassa-Samuelson Hypothesis (BSH) can explain the impact of the real exchange rate due to changes in productivity in countries in transition.


Author(s):  
Long Jing

The Covid-19 pandemic has given rise to an array of problems in cooperation between China and Central and Eastern European Countries. Some items on the cooperation agenda have been delayed and people-to-people exchanges have come to a halt. The pandemic, notwithstanding, is a testament to the value and resilience of the “[Formula: see text]” framework and has presented an opportunity for both sides to identify new areas for future collaboration. In a post-pandemic world, China and Central and Eastern European countries will not only have to address the shortfalls and drawbacks in the current cooperation mechanism, but also firmly work together to deal with new challenges arising from the pandemic.


2021 ◽  
pp. 66-84
Author(s):  
Andrei Aleksandrovich Linchenko

The subject of this research is the position of Belarus in the memory wars of Russia and Eastern European countries of the two recent decades. Based on P. Bourdieu’s theory of symbolic power, as well as comparative analysis of the key stages of the historical politics of Russia and Belarus as the members of the Union State, the author explores the causes and peculiarities of electoral neutrality of Belarus in the memory wars of Russia and Eastern European countries. Analysis is conducted on the theoretical-methodological aspects of the concept of “memory wars”. Content analysis of the relevant research reveals the specificity of the Belarusian case with regards to correlation between domestic and foreign historical politics. The specificity of the forms of post-Communism that have established in Russia and Belarus, the difference in the pace of historical politics of the last three decades, as well as the evolution of the political regime of Alexander Lukashenko contributed to the formation of peculiar position of the Republic of Belarus in the memory confrontation between Russia and its Eastern European neighbors. The internal manifestation of such position was the desire to displace the conflicts between memory communities in the republic, the movement of memory to the periphery of cultural-information space, while the external manifestation was strive for electoral neutrality (memory isolationism) in the memory wars in Eastern Europe. Such position is aimed not so much at supporting Russia’s memory initiatives, but at solving the relevant political and economic challenges, using historical politics as the instrument for promoting the own interests.


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