scholarly journals OVERVIEW OF THE TEMPORARY MEASURES FOR REDUCING THE IMPACT OF CORONAVIRUS DISEASE 2019 (COVID-19) ACT 2020

2020 ◽  
Vol 5 (21) ◽  
pp. 220-227
Author(s):  
Rohana Abdul Rahman

The impact of Coronavirus disease has transcended beyond imaginable. Everyone is vulnerable and no one on this planet can safely say that he or she is protected against the deadly virus. All governments are taking immediate steps to address the ensuing repercussion of the pandemic, both on a short-term and long-term basis. Malaysia has passed a law that provides for temporary measures to reduce the impact of COVID-19 on the general economic sectors affecting the general economic well-being of the country. This paper explains the provisions of the COVID-19 Act 2020 and the specific other laws that it intends to modify therein. In particular, the paper highlights the establishment of a mediation process in respect of disputes arising from the inability to perform contractual obligations by parties during the pandemic. The paper concurs that COVID-19 Act 2020 attempts to cover quite comprehensive temporary measures to address issues relating to the pandemic and in the process provides validity to the actions taken by various parties before its commencement. On the other hand, the paper argues that several vague and uncertain provisions of the law led to questionable application and implication thus creating doubts as to its effectiveness.

2021 ◽  
Author(s):  
Cara DiYanni

This study explored the impact of COVID-19 on the play of 3- to 10-year-old children. A survey of 67 parents of 79 children and interviews with 37 of those children revealed a few prominent trends in how the pandemic has affected play. First, children’s outdoor play increased in frequency from before the pandemic to the time spent in quarantine, and levels of outdoor play remained significantly higher in the fall months following quarantine. Similarly, the amount of unstructured, free play that children engaged in increased during quarantine, and remained significantly more common after quarantine than it was before the pandemic. Finally, screen time levels skyrocketed during quarantine, and remained higher in the fall months than they were pre-pandemic. These findings have implications for both parents and teachers in terms of assessing the impact of COVID-19 – both short-term and long-term – on the health and well-being of their children.


2021 ◽  
Author(s):  
Cara DiYanni

This study explored the impact of COVID-19 on the play of 3- to 10-year-old children. A survey of 67 parents of 79 children and interviews with 37 of those children revealed a few prominent trends in how the pandemic has affected play. First, children’s outdoor play increased in frequency from before the pandemic to the time spent in quarantine, and levels of outdoor play remained significantly higher in the fall months following quarantine. Similarly, the amount of unstructured, free play that children engaged in increased during quarantine, and remained significantly more common after quarantine than it was before the pandemic. Finally, screen time levels skyrocketed during quarantine, and remained higher in the fall months than they were pre-pandemic. These findings have implications for both parents and teachers in terms of assessing the impact of COVID-19 – both short-term and long-term – on the health and well-being of their children.


2020 ◽  
Vol 22 (2) ◽  
pp. 135-142

This review provides an overview of the literature regarding digital technology use and adolescent well-being. Overall, findings imply that the general effects are on the negative end of the spectrum but very small. Effects differ depending on the type of use: whereas procrastination and passive use are related to more negative effects, social and active use are related to more positive effects. Digital technology use has stronger effects on short-term markers of hedonic well-being (eg, negative affect) than long-term measures of eudaimonic well-being (eg, life satisfaction). Although adolescents are more vulnerable, effects are comparable for both adolescents and adults. It appears that both low and excessive use are related to decreased well-being, whereas moderate use is related to increased well-being. The current research still has many limitations: High-quality studies with large-scale samples, objective measures of digital technology use, and experience sampling of well-being are missing.


2021 ◽  
Author(s):  
Patricio Domínguez ◽  
Krista Ruffini

Many Latin American countries and cities have substantially lengthened the school day over the past generation. Chile, for example, increased the school day by 30 percent between 1997 and 2010. While evidence on lengthening these additional instructional resources points to positive effects in the short term, we know little about whether these reforms affect students long-term economic outcomes once they enter the labor market. This project finds longer elementary and secondary school days substantially improve economic well-being by increasing educational attainment, delaying childbearing, and increasing earnings in young adulthood.


2021 ◽  
pp. 135481662110412
Author(s):  
Maksim Godovykh ◽  
Jorge Ridderstaat ◽  
Alan Fyall

Well-being is considered one of the highest values in human life. Although previous studies have discussed the tourists’ well-being outcomes, the impact of tourism on residents’ happiness has received less empirical attention in tourism research. This study aims to explore the effects of tourism development on residents’ happiness in a group of countries by using panel data analysis. The results demonstrate that tourism arrivals negatively influence residents’ happiness in the short term and have positive effects on residents’ happiness in the long term. These findings contribute to describing the well-being impacts of tourism, differentiating between long- and short-term outcomes, and providing recommendations for destination management and tourism authorities.


2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Sandra Zajmi

Issues of liquidity and solvency of companies, and not only issues of profitability, are crucial in the context of considering the future business of companies, and thus the economic sectors and the economy as a whole. For several years now, the required short-term funds are still not enough to service current liabilities. Liquidity rates are at half of a satisfactory level, while the growth of long-term loans, together with equity, is still not sufficient to finance fixed assets (solvency). Liquidity and solvency issues affect both the efficiency and productivity of the company, and indirectly the profitability. Based on the available information, the paper discusses the results of the real sector of the Serbian economy for the period 2018-2019, in the context of liquidity and solvency, as well as selected individual sectors, using generally accepted indicators. In the new crisis caused by the COVID 19 virus, companies have found themselves in a position where many of them need additional capital in order to improve and harmonize their financial structure. The illiquidity of the economy is a chronic problem, it is structural in its nature, which is the result of business inefficiency and a high degree of volatility on the impact of exogenous variables. In terms of solvency, we can conclude that one of the basic problems of all sectors is efficiency in inventory management, slow collection of receivables and late payment of liabilities. If we add the IMF forecasts, to this already disrupted structure of the solvency of the economy, ie the real sector, in which, the share of insolvent companies in developing countries will increase by between 14% and 30% in 2020, (due to the pandemic), we can be not optimistic. On the other hand, we must emphasize that the forecasts of economic growth for the countries of the region in 2021 are fairly optimistic, and for Serbia the predicted growth is 6.1%. The result of the analysis points to the conclusion that there will be no significant changes in terms of revenue and profitability of the real sector in the short term, but that the crisis caused by coronavirus will mostly affect small, micro and medium enterprises when it comes to liquidity and solvency, in this respect. In the long run, impaired solvency, and after that liquidity, will affect the still intact profitability of the sector. In that regard, solvency issues have a more significant impact, because in the long run, if corrective measures are not being taken, they will cause the inability of the companies to pay long-term overdue liabilities, and increase the number of companies operating without equity and the number of blocked companies. The sectors that will have the biggest problems in terms of liquidity and solvency are certainly transport, accommodation and tourism, art, entertainment and recreation, and very likely construction.


2017 ◽  
Vol 21 (8) ◽  
pp. 1109-1124 ◽  
Author(s):  
Julie L. Martin ◽  
Laura Smart Richman ◽  
Mark R. Leary

Although many studies have examined the short-term effects of rejection in laboratory settings, few have investigated the impact of rejection over time or in real-world contexts. The university sorority recruitment process offers a unique opportunity to address these shortcomings. Women participating in sorority recruitment were surveyed directly before recruitment, directly after recruitment, and 3 months later. Rejected women experienced decreases in all indicators of well-being directly after recruitment and did not return to baseline on depressive symptoms, positive mental health, satisfaction with life, perceived belonging, or perceived social status 3 months later. Accepted women showed no long-term changes in well-being, with the exception that happiness and perceived social status increased from baseline. A comparison group of women who did not participate in sorority recruitment showed no significant long-term changes in well-being. Perceived belonging, but not social status, significantly mediated the long-term emotional effects of rejection. These results document that rejection experiences can have long-lasting effects.


GeroPsych ◽  
2013 ◽  
Vol 26 (3) ◽  
pp. 185-199 ◽  
Author(s):  
Christina Röcke ◽  
Annette Brose

Whereas subjective well-being remains relatively stable across adulthood, emotional experiences show remarkable short-term variability, with younger and older adults differing in both amount and correlates. Repeatedly assessed affect data captures both the dynamics and stability as well as stabilization that may indicate emotion-regulatory processes. The article reviews (1) research approaches to intraindividual affect variability, (2) functional implications of affect variability, and (3) age differences in affect variability. Based on this review, we discuss how the broader literature on emotional aging can be better integrated with theories and concepts of intraindividual affect variability by using appropriate methodological approaches. Finally, we show how a better understanding of affect variability and its underlying processes could contribute to the long-term stabilization of well-being in old age.


2018 ◽  
pp. 49-68 ◽  
Author(s):  
M. E. Mamonov

Our analysis documents that the existence of hidden “holes” in the capital of not yet failed banks - while creating intertemporal pressure on the actual level of capital - leads to changing of maturity of loans supplied rather than to contracting of their volume. Long-term loans decrease, whereas short-term loans rise - and, what is most remarkably, by approximately the same amounts. Standardly, the higher the maturity of loans the higher the credit risk and, thus, the more loan loss reserves (LLP) banks are forced to create, increasing the pressure on capital. Banks that already hide “holes” in the capital, but have not yet faced with license withdrawal, must possess strong incentives to shorten the maturity of supplied loans. On the one hand, it raises the turnovers of LLP and facilitates the flexibility of capital management; on the other hand, it allows increasing the speed of shifting of attracted deposits to loans to related parties in domestic or foreign jurisdictions. This enlarges the potential size of ex post revealed “hole” in the capital and, therefore, allows us to assume that not every loan might be viewed as a good for the economy: excessive short-term and insufficient long-term loans can produce the source for future losses.


Psibernetika ◽  
2018 ◽  
Vol 11 (1) ◽  
Author(s):  
Devina Calista ◽  
Garvin Garvin

<p><em>Child abuse by parents is common in households. The impact of violence on children will bring short-term effects and long-term effects that can be attributed to their various emotional, behavioral and social problems in the future; especially in late adolescence that will enter adulthood. Resilience factors increase the likelihood that adolescents who are victims of childhood violence recover from their past experiences</em><em>,</em><em> become more powerful individuals and have a better life. The purpose of this study was to determine the source of resilience in late adolescents who experienced violence from parents in their childhood. This research uses qualitative research methods with in-depth interviews as a method of data collection. The result shows that the three research participants have the aspects of "I Have", "I Am", and "I Can"; a participant has "I Can" aspects as a source of resilience, and one other subject has no source of resilience. The study concluded that parental affection and acceptance of the past experience have role to the three sources of resilience (I Have, I Am, and I Can)</em></p><p><em> </em></p><p><strong><em>Keyword : </em></strong><em>Resilience, adolescence, violence, parents</em></p>


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