scholarly journals How Can the Aviation Sector Survive after COVID-19?

2020 ◽  
Vol 3 (4) ◽  
pp. 91-105
Author(s):  
Doaa Salman ◽  
Dina Seiam ◽  
Eman Fayaz
Keyword(s):  
Qualitative Analysis ◽  
Airline Industry ◽  
Global Economy ◽  
Research Paper ◽  
Current Crisis

This paper aims to analyse the adaptation of the airline industry after the hit of the coronavirus pandemic. This virus is affecting the global economy by targeting the most profitable industries and making them collapse. By making a qualitative analysis of the topic this research paper examines how the airline industry faces such a challenge. Also, it analyses how several airline companies shut down through the huge debt that they faced and how tourism declined sharply in all countries. This paper also examines the slow comeback which was experienced by the airline industry. Finally, the paper proposes a set of policies to overcome the current crisis and future setbacks.

The Decline of Global Economic Governance and the Role of the Transatlantic Powers

2009 ◽  
Vol 11 (3) ◽  
pp. 1-23 ◽  
Author(s):  
Heribert Dieter
Keyword(s):  
United States ◽  
Global Economy ◽  
The United States ◽  
Economic Governance ◽  
The European Union ◽  
Current Crisis ◽  
Weak Support ◽  
Policy Practice ◽  
Global Economic Governance ◽  
The Imf

Although the global economy has flourished in the current global economic governance regime, the foundations of this order are starting to crumble. Both in trade and in finance, the existing institutions are under severe stress. In trade, more and more countries undermine the WTO by implementing preferential trade agreements. In finance, the IMF has been weak for most of this decade, although it experienced a revival in the current crisis. First and foremost, this weakness of the institutions of global economic governance is the result of policies implemented by the transatlantic powers. Both the European Union and the United States are actively pursuing policies that weaken the existing institutions. In trade, there is a large gap between the official rhetoric, which highlights the importance of the multilateral regime, and the trade policy practice, which is weakening the WTO. In finance, the transatlantic powers have until very recently blocked any progress in the IMF with regard to lending policies. In addition, the EU continues to defend its unjustified overrepresentation in the IMF's governance structures. The article suggests that one of the key explanations for this development is the weak support for globalization in most OECD-countries. Confronted with no enthusiasm for globalization in their domestic constituencies, policy makers in Europe and the United States are increasingly opting for policies that will, over time, erode the existing regimes of global economic governance.

scholarly journals Innovation among entrepreneurial SMEs during the COVID-19 crisis in Iran

2021 ◽  
Vol 5 (2) ◽  
pp. e389
Author(s):  
Howard E. Van Auken ◽  
Mohammad Fotouhi Ardakani ◽  
Shawn Carraher ◽  
Razieh Khojasteh Avorgani
Keyword(s):  
Global Economy ◽  
Multivariate Regression Analysis ◽  
Process Innovation ◽  
Simple Random Sample ◽  
Current Crisis ◽  
Important Conclusion ◽  
Factors Affecting ◽  
Product And Process Innovation ◽  
Product And Process ◽  
Organizational Value

COVID-19 is affecting the development of the global economy and threatening the survival of SMEs worldwide. In light of the current situation, this paper examines the factors affecting product and process innovation in SMEs during the COVID-19 crisis. We carried out a simple random sample of 185 SME entrepreneurs in Ardakan, Iran, using a multivariate regression analysis. The results showed that experience is one of the most important factors affecting innovation. Organization size and age were negatively associated with process innovation during the current crisis. Moreover, the findings reveal that training to facilitate cooperation as well as higher commitment to R&D can lead to greater innovation. An important conclusion is that, during the COVID-19 pandemic, government efforts to encourage SMEs to create new products helped them to withstand the crisis. The study suggests that, during the COVID-19 crisis, embracing innovation as a core organizational value helped SMEs to remain competitive.

scholarly journals Zwycięzcy i przegrani pandemii Covid-19: perspektywa globalna z uwzględnieniem gospodarki rolno-żywnościowej

2021 ◽  
Vol 21(36) (4) ◽  
pp. 54-75
Author(s):  
Aldona Zawojska
Keyword(s):  
Open Economy ◽  
Food Processing ◽  
Global Economy ◽  
Grey Literature ◽  
Food Delivery ◽  
Economic Life ◽  
Economic Sectors ◽  
Current Crisis ◽  
Relevant Evidence ◽  
Food Economy

The worldwide literature on the socio-economic impacts of the Covid-19 is extensive, covering individual enterprises and markets, economic sectors or branches, or the national and global economy. The current study is unique as it is a comprehensive compilation of the relevant evidence regarding economic entities and sectors of global or international significance and the societal groups from an angle of so-called "pandemic game" with some implications for the agri-food economy. Its main aim is to identify the actual and potential winners and losers of the pandemic. The winners’ notion covers actors, e.g. economic sectors or people groups those extraordinarily benefited or will benefit from a pandemic, extremely upgrading their financial or other performance. In turn, the losers include individuals or entities that incurred unusual costs or losses, worsened their results, or probably will face such pandemic consequences in the future. Some economic ideas also are considered. The article is based on the scientific, popular and grey literature as well as publicly available data to support research. The research uses deductive explanation methods. Results show that the biopharmaceutical industry, leading digital companies, shareholders in international retail chains, global financial holdings, food delivery companies, and the World’s richest people are among those who thrived exceptionally well in the new living and doing business conditions and can therefore be admitted as the current crisis’ winners. Adversely, the coronavirus victims, energy and air transport sectors, and food processing labour, all of them being harmfully affected by the pandemic, are examples of losers. Albeit the presented winners and losers represent various spheres of economic life, they are more or less related to the agriculture and food processing industry. The study confirms that the functioning and condition of the latter depend on the situation of other economic sectors, agents, and markets, and international disturbances spreading within an open economy. The paper can be of interest both to the research community, and decision-makers in different economic and social policy areas.

scholarly journals The New ‘Bond-age’, Climate Crisis and the Case for Climate Reparations: Unpicking Old/New Colonialities of Finance for Development within the SDGs

2020 ◽  
Author(s):  
Keston K. Perry
Keyword(s):  
Global Economy ◽  
Evolutionary Process ◽  
Global South ◽  
Environmental Harm ◽  
Current Crisis ◽  
Developmental Needs ◽  
The Sustainable Development ◽  
New Era ◽  
Historical Responsibility ◽  
Climate Crisis

In the current crisis period, the Sustainable Development Goals (SDGs) have provided a framework for establishing new norms about governance of and access to external development financing that emphasize stimulating investor interest and creating a suite of innovative instruments to address major development challenges. However, the inadequacies associated with extant financing streams are in sharp relief since they do not address damages and losses associated with the climate crisis. The current global configuration aimed at generating from “billions to trillions” of development finance are awfully mute on historical responsibility for the uneven and extreme consequences facing climate-impacted communities in the Global South. This paper interrogates the role of the SDGs, in particular SDG17, in both adducing financialisation as an evolutionary process, further extracting profit from racialized communities, and a source of instability in the global economy. It points to the manner in which the “trillions” deemed necessary are ostensibly mobilized in pursuit of financial returns to be made from climate disaster that generate further debt, dispossesses populations in the global south, and thereby ushering in a new era of “bond-age” and coloniality. Current development financing arrangements under the SDGs would increase the cost burdens and compromise the Global South’s capacities to democractically manage and meet their developmental needs due to accumulating losses and damage from major extreme climate-induced events. Loss and damage compensation for marginalised developing countries at the forefront of the climate crisis must therefore come from another source: climate reparations. Climate reparations offer an appropriate encompassing philosophical and policy apparatus for first understanding the magnitude of climate breakdown, and second for mounting a response to ongoing environmental harm in vulnerable countries that is centred on climate justice.

scholarly journals Competitive Dynamics Between Multinational Companies and Local Rivals in Emerging Markets

2020 ◽  
Vol 9 (3) ◽  
pp. 189-204
Author(s):  
Osama Sam Al-Kwifi ◽  
Allam K. Abu Farha ◽  
Wael S. Zaraket
Keyword(s):  
Airline Industry ◽  
Global Economy ◽  
Secondary Data ◽  
Multinational Companies ◽  
Influential Factors ◽  
Complex Nature ◽  
Competitive Advantages ◽  
Developed Economies ◽  
Competitive Environments ◽  
Action Strategy

Multinational Companies from Emerging Economies (EMNCs) have become key players in the global economy. EMNCs have started to operate in highly dynamic, competitive environments where they are faced with competition from multinational companies (MNCs) from developed economies. This study applied Mutlu et al.’s (2015) awareness–motivation–capability (AMC) framework to the airline industry to investigate how EMNCs outperform MNCs. The development of each round of Mutlu et al.’s framework was tested using secondary data sources that cover 16 years, from 2001 to 2016. A fourth round, relating to the determination of ‘who will be the market leader’, was added to the framework and tested. The findings demonstrate that firms’ awareness and capabilities evolve in each round to develop the competitive advantages required to enhance their market position. The complex nature of competition requires firms to analyse information constantly to define key influential factors and to build essential capabilities and resources to initiate an action strategy quickly. From a managerial perspective, it is important for managers to build a comprehensive view of the competition and understand how this competition is evolving over time, to develop capabilities, pursue new opportunities and predict competitors’ responses.

Assessment for an Unprecedented Education

2022 ◽  
pp. 121-139
Author(s):  
Trif Victorița
Keyword(s):  
Online Learning ◽  
Content Analysis ◽  
Best Practices ◽  
Qualitative Analysis ◽  
Learning Outcomes ◽  
Psychological Counseling ◽  
Current Crisis ◽  
E Learning ◽  
Global And Local ◽  
Local Perspectives

This chapter analyzes the assessment literature related to the current crisis and compares the differences according to global and local perspectives. The qualitative analysis aims to examine the significant effects of unexpected COVID-19 challenge (restrictions, online learning, remote learning) on learning outcomes (how to redefine assessment in the pandemic) and to identify the best experiences collected (the key modifications assumed in assessment). The data collected from studies published between March 2020 and March 2021 were investigated using coding techniques and thematic analyses. The results of the content analysis demonstrate that in e-learning there are new types of feedback in e-classes, multi-person meetings, remote working, adaptive tools of assessment, and modified strategies. Anxiety, stress, and depression involve taking on new trends: new best practices, new forms of psychological counseling, new attitudes towards assessment and the reexamination of paradigms, theories, and models of representation knowledge.

scholarly journals Is Covid-19 Decaying the Financial Health of the Aviation Industry in India

2020 ◽  
Vol 7 (2) ◽  
pp. 1-8
Author(s):  
Shiv Swaroop Jha ◽  
Anurag Arora ◽  
Tanushree Dayal
Keyword(s):  
Stock Market ◽  
Airline Industry ◽  
Financial Distress ◽  
Research Paper ◽  
Aviation Industry ◽  
Financial Health ◽  
The Future ◽  
Future Situation ◽  
The One

Forecasting of financial distress helps not only the companies but also their stakeholders, employees, creditors, stock market agents, etc. As COVID-19 has made a humungous impact on the Aviation industry of the country already we have witnessed a decline in the industry but since the country got hit by the co vid-19 the effect got even worse. This has not only caused loss of economy but also has made it very tough for people to earn their livelihood as they have lost their jobs. Economy of the country has been greatly impacted as the Airline industry is the one of the major sources of revenue. This research paper aims to analyze the current and the future situation of the aviation industry with reference to COVID-19

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