scholarly journals Sistem Rekomendasi Pembelian Sepeda Motor Bekas Menggunakan Metode Fuzzy Tahani

2020 ◽  
Vol 19 (1) ◽  
pp. 17-26
Author(s):  
Yuli Murdianingsih ◽  
Ulfah Sitiumayah
Keyword(s):  
Recommendation System ◽  
Economic Recession ◽  
Domain Size ◽  
Fire Intensity ◽  
Economic Downturn ◽  
Testing Device ◽  
Device Reliability ◽  
Degree Of Membership

A used motorcycle is an option in the quest to buy a motorcycle, reliability is one factor. Accessibility means the size and the sum of the installment. Affordability is very important given the Covid-19 pandemic and economic recession, particularly in an environment of economic downturn. This research aims to establish a used motorcycle purchase recommendation system using the year's criteria for the manufacture of used motorcycles, prices,  and installments in the purchase of used motorcycles, as well as to assess how high the reliability of the used motorcycle purchase recommendation system is. Firstly, twenty used motor data were obtained which were used to analyze recommendations, secondly to determine the domain size, thirdly to determine the function and degree of membership for each parameter, fourth to measure fire intensity and fifth to determine recommendations for the purchase of used motorbikes. Testing device reliability using the MAE tool. The framework was implemented using the interface MySQL DBMS and PHP. Using the Fuzzy Tahani method, the search for used motorbikes can be carried out, with the benefit of providing the installment quantity parameter and fifty-eight percent of the device reliability for buying used motorcycles.  

scholarly journals AN INTEGRATED ASSESSMENT OF LITHUANIAN ECONOMIC SECTORS BASED ON FINANCIAL RATIOS AND FUZZY MCDM METHODS

2012 ◽  
Vol 18 (1) ◽  
pp. 34-53 ◽  
Author(s):  
Alvydas Baležentis ◽  
Tomas Baležentis ◽  
Algimantas Misiūnas
Keyword(s):  
Integrated Assessment ◽  
Manufacturing Sector ◽  
Economic Recession ◽  
Indicator System ◽  
Financial Ratios ◽  
Transport Sector ◽  
Economic Downturn ◽  
Economic Sectors ◽  
System 2 ◽  
Fuzzy Mcdm

The aim of this study was to offer a novel procedure for integrated assessment and comparison of Lithuanian economic sectors on the basis of financial ratios and fuzzy MCDM methods. The complex of interrelated issues regarding integrated assessment of economic sectors is discussed in the paper. The object of research is financial indicators of different Lithuanian economic sectors. The proposed procedure for multi-criteria comparison of economic sectors encompasses: 1) the indicator system, 2) application of fuzzy MCDM methods, and 3) inter-sectoral comparison based on ranks provided by fuzzy MCDM methods. The research covers period of 2007–2010, starting at the very beginning of the economic recession and, hopefully, ending with the upcoming recovery. The application of the three MCDM methods was successful. The results suggested the best performing sector being that of forestry and logging. Furthermore, enterprises operating in trade sector, hospitality sector, mining and quarrying sector, information sector, or manufacturing sector can be considered as working more efficiently than an average Lithuanian enterprise. At the other end of spectrum, construction, real estate, and transportation sectors were those severely damaged by the economic crisis: they were ranked below the average alternative. Meanwhile, relatively low positions of utilities sectors may be caused by their specifics. Finally, the transport sector can be considered as the typical victim of economic downturn.

scholarly journals Ponzi Schemes: An Analysis on Coping with Economic Recession in Nigeria

2018 ◽  
Vol 16 (1) ◽  
Author(s):  
Jackson T.C.B. Jack ◽  
Christopher Chimaobi Ibekwe
Keyword(s):  
Coping Strategy ◽  
World Wide ◽  
Descriptive Analysis ◽  
Economic Recession ◽  
Sampling Technique ◽  
Strain Theory ◽  
Economic Downturn ◽  
Economic Diversification ◽  
Ponzi Scheme ◽  
Official Declaration

The proliferation of Ponzi schemes in Nigeria appear to coincide with the official declaration of economic recession in early 2016. It is therefore pertinent to empirically investigate the nexus between the recession and Ponzi schemes in the country. Anchored theoretically on Robert Merton’s Strain Theory the study was guided by two research objectives and one hypothesis. The snow-balling sampling technique was used to select 135 Ponzi scheme participants from Rivers, Bayelsa and Anambra States. Descriptive analysis of the results was undertaken in tables, charts and graphs. The findings revealed amongst others that MMM, Ultimate cycler, Givers Forum, Get Help World Wide were the major Ponzi schemes in Nigeria. It was also found that Ponzi schemes are a coping strategy for economic recession. The paper posits that until the economic downturn is adequately addressed and the economy revamped, Ponzi schemes would continue to thrive in Nigeria. It recommended economic revitalisation through effective economic diversification policies that will enhance provision of socio-economic livelihood as palliatives to recession induced strain.

scholarly journals DEVELOPMENT OF PUBLIC DEBT IN THE SLOVAK REPUBLIC AND THE RISKS OF ITS DEEPENINING

2020 ◽  
pp. 63-70
Author(s):  
Eleonóra Matoušková
Keyword(s):  
Euro Area ◽  
Public Debt ◽  
Social Inequalities ◽  
Global Financial Crisis ◽  
Slovak Republic ◽  
Economic Recession ◽  
Economic Consequences ◽  
Economic Downturn ◽  
Government Deficits ◽  
The Global Financial Crisis

The problem of over-indebtedness began to manifest itself significantly in the Euro area in 2009. Permanent government deficits and the global financial crisis have increased public debt in many, especially the southern Euro area countries, well above the Maastricht criterions. The Slovak Republic is not one of the countries with disproportionaly high debt, but in the era of its autonomy, it had to deal with three periods when the debt was increasing. It was a period of transformation of the economy from centrally managed to market economy after 1993, a period of economic recession due to the global financial and economic crisis and the current coronavirus pandemic, accompanied by a deep economic downturn. The need to tackle a number of inadequate social inequalities is also puttig pressure on the public finances. The aim of this article is to assess development of public debt in Slovakia and to draw attention to the risks of its deepening. Slovakia achieved relatively high levels of economic growth. These periods have not been sufficiently used to reduce public debt, which currently accounts for 48% of GDP. While its share to GDP is falling, the absolute volume of debt is increasing. Economic consequences of the current global coronavirus pandemic will cause further growth in public debt. Slovakia did not take enough opportunity in good times to prepare for the crisis period.

Changing Expectations

2017 ◽  
Author(s):  
Margaret M. Chin
Keyword(s):  
New York ◽  
New York City ◽  
York City ◽  
Economic Recession ◽  
Daily Basis ◽  
Economic Downturn ◽  
Second Phase ◽  
Economic Sectors ◽  
Chinese Immigrant Women

This chapter examines the evolving Chinese ethnic economy and the changing job market in New York City, as well as the strategies employed by Chinese immigrant women to find and keep jobs after the September 11, 2001 terrorist attacks. It begins with a discussion of New York's Chinatown community to illustrate how ethnic enclaves and ethnic labor markets become mobility traps, where workers are exploited on a daily basis. It then presents data from two sets of interviews with thirty women and ten men residing in Chinatown during periods of economic downturn. The first phase of interviewing was conducted during the summer of 2002, while the second phase took place during the winter of 2008–2009. All of the women and three of the men had previously worked in the garment industry. The findings show that, unlike many New York City neighborhoods and economic sectors, the Chinatown enclave never recovered from the post–9/11 economic recession. The chapter also considers the ongoing role of community-based organizations in providing programs that support new workers.

Impact of World’s Economic Recession on India’s Growth Perspective – Theories and Facts

2009 ◽  
Vol 5 (3) ◽  
pp. 225-238
Author(s):  
J K Sachdeva
Keyword(s):  
Continuous Process ◽  
Economic Recession ◽  
Economic Downturn ◽  
Monetary Policies ◽  
Economic Growth Rate ◽  
Indian Economy ◽  
Goods And Services ◽  
Consecutive Period ◽  
External Sector ◽  
Developed World

Indian economy also passed through these stages during the year 2008. The economic growth rate, which was above 8% for consecutive period of three years since 2006, suddenly plunged to an average of 5.5%. Developed world is under the fear that recession may not turn out to be continuous process resulting into great depression. Generally recessions are for two quarters, but depression is a severe economic downturn that lasts several years. Earlier India was affected less by external world depressions as it relied more on internal consumption, saving and import substitutions. However, after 1991 India opened up its economy to global players, share of exports, both goods and services, in GDP grew significantly. This paper is an attempt to analyse the variables responsible for India’s recent growth, impact of world recession on these variables and their significance. It needs to validate whether India’s economy has shifted away from consumption and saving to external sector dependence.Classification-JEL: Keywords: Indian Economy, Recession, Consumption, Monetary Policies, International Trade, Economic integration

scholarly journals Rationale and Design of EU Cohesion Policies in a Period of Crisis

2014 ◽  
Vol 11 ◽  
pp. 11-19
Author(s):  
Roberto Camagni ◽  
Roberta Capello
Keyword(s):  
Winning Strategy ◽  
Economic Recession ◽  
Point Of View ◽  
Economic Downturn ◽  
Short Term ◽  
Trade Off ◽  
Empirical Results ◽  
The Right

The aim of the paper is to reflect on the justifications and design of cohesion policies in a period of deep economic recession. In particular, the paper tackles two important topics. The first topic deals with the justification for structural policies like cohesion policies in a period of economic downturn, since they look less urgent and appropriate than short term demand policies. In this case, cohesion policies are called to rebalance the effects that the ongoing crisis has on the convergence trends of the last two decades. The second topic relates to the most appropriate design that cohesion policies should have. The message that the paper provides from a conceptual point of view, corroborated by empirical results, is that the winning strategy is neither to focus on champions, calling for competitiveness, nor on lagging areas, in favor of cohesion; policies targeted to each regions’ needs are the right policies, able to enlarge and embrace all possible excellences. This strategy demonstrates that the traditional trade-off between efficiency and equity goals may be overcome.

scholarly journals Strengthening the Marketing Strategies for the Traditional Property Developer in Malaysia

2020 ◽  
Vol 1 (Number 1) ◽  
pp. 89-110
Author(s):  
Siew Lim Woon ◽  
Norazah Mohd Suki
Keyword(s):  
Positive Impact ◽  
Economic Recession ◽  
Marketing Strategies ◽  
Design And Technology ◽  
Marketing Plan ◽  
Economic Downturn ◽  
Customer Base ◽  
Marketing Team ◽  
Marketing Positioning

During the global economic downturn not only affecting Malaysian property industry but it was also impacted the global property industry, during the economic recession was increasing market competitive eventually the Malaysia property industry is even more challenging with oversupplying properties as more and more building been completed in the markets, but the sales are slow during the economic downturn. Therefore, an effective marketing plan is an integral aspect even for all types of businesses, which also been widely recognized and acknowledged, as an effective marketing plan has a significant positive impact on all kinds of businesses. The goal of this case study is to strengthen the marketing strategies with access and examine the marketing strategies for the traditional property developer firm in Malaysia with the targeted company name is 'S,' a direct interview with the marketing team was applied to examine the company marketing strategy. Strengthening of the marketing strategies plans with considering the marketing factors such as marketing positioning, marketing recognition, diverse customer base, marketing strategies effectiveness, internal environment, promotion strategies, promotion budgets, and product design and technology. The finding of this case study is providing a solution for strengthening the marketing strategies for the traditional property developer firms even during the economic downturn which able to strengthen and improve the company market share and reduce the burden with selling off the completed balance unsold stock units, as this traditional property developer firm need to upgrade, update and improve their marketing strategies.

scholarly journals POLICY OF TIME ECONOMIC RECOVERY COVID-19 PANDEMIC IN INDONESIA YEAR 2020-2021

2021 ◽  
Author(s):  
endang naryono
Keyword(s):  
Death Rate ◽  
Economic Recession ◽  
Economic Recovery ◽  
Economic Downturn ◽  
Purchasing Power ◽  
Real Sector ◽  
Cure Rate ◽  
Inaccurate Data ◽  
National Economic ◽  
Second Year

The COVID-19 pandemic for almost two years has had a very extraordinary and frightening impact, there have been 2.3 million cases of covid-19 with a cure rate of 84% and a death rate of 2.6% in July 2021. The Covid-19 pandemic has not only created a humanitarian disaster but has an impact National economic downturn, such as negative economic growth, declining purchasing power, increasing poverty and uncontrolled unemployment. The government's policy by carrying out a two-legged policy, the first is to break the chain of the spread of this pandemic with regulations and health protocol policies. The second is economic recovery during the pandemic with social assistance to the community, SMEs and industrialization so that they still have purchasing power to move the real sector. Inaccurate data, limited infrastructure and budget constraints are the biggest obstacles to economic recovery during the pandemic. UKMM is the final foundation and backbone of the national economy in the midst of an economic recession in its second year.

scholarly journals COVID-19 economic response measures and entrepreneurial activities: a study of micro-enterprises in Nigeria

2021 ◽  
Vol 2021 (2) ◽  
pp. 140-156
Author(s):  
Obi Chinazor Franca
Keyword(s):  
Global Financial Crisis ◽  
Economic Recession ◽  
Government Support ◽  
Entrepreneurial Activity ◽  
Economic Downturn ◽  
Self Employment ◽  
Start Up ◽  
The Government ◽  
The Global Financial Crisis ◽  
Micro Enterprises

Nigeria witnessed an economic downturn in 2009 due to the global financial crisis and in 2016 as a result of the global oil price crash. The Nigerian economy was resuscitating from the economic recession before the emergency of the COVID-19 pandemic and its curtail measures. Most private and government firms laid-off their workers, while others had their staff salaries. The sustaining business operations in this era may be extremely difficult due to lack of funds for self-employment, start-up ventures, innovations or new market opportunities. With the help of the Central Bank the government rowed out some monetary and fiscal measures referred to in the study as Economic Responses Measures (ERM). The aim of the study is to examine the relationship between COVID-19 ERM and the Entrepreneurial Activity (EA) of micro business. It has been stated that COVID-19 ERM provide innovations, self-employment, start-up and new market creation activities of micro-enterprises in Nigeria. An exploratory survey was done on 294 randomly selected samples from micro-enterprises (retail, ICT, manufacturing and artisans) across the six geopolitical zones in Nigeria. The result proves empirically that COVID-19 ERM does not have a significantly positive relationship with the EA of micro-businesses in Nigeria. The implication of this finding therefore suggests that many micro-businesses may not have accessed these ERM or do not embark in EA. There is highlighted the importance of government support to micro-businesses and also provided new dimensions for the measures of micro-business EA.

scholarly journals Impact of Economic Downturn on Child Labor in Vietnam

Lentera Hukum ◽  
2021 ◽  
Vol 8 (3) ◽  
pp. 447
Author(s):  
Nguyen Thanh Huyen
Keyword(s):  
Social Security ◽  
Child Labor ◽  
Social Insurance ◽  
Economic Recession ◽  
Security Policies ◽  
Forced Labor ◽  
Economic Downturn ◽  
Legal Analysis ◽  
Poor Households ◽  
The Government

The economic recession led to the economic downturn, loss of jobs and income, and the risk of falling back into the poverty of near-poor and poor households. This recession caused an increase in child labor. This study aimed to analyze the concept of child and child labor under a regulatory framework and assess how the economic downturn affects child labor in Vietnam. This study used analytical research methods through synthesis, comparison, and legal analysis, emphasizing literary research based on secondary research data. This study showed that the economic downturn increased the proportion of child labor because the parents and the family's breadwinner are unemployed or cut down on their income. Children were out of school to help household businesses or look for work for extra income. The economic downturn increased the number of children working in unsafe working conditions. It increased the risk of children being forced into illegal jobs prohibited and exposing children to labor to risk forced labor. It resulted in difficulties preventing and eliminating child labor, especially in a developing country like Vietnam, due to the high number of employees working in the informal sector, who were often unsupported by social security policies such as unemployment insurance and social insurance. This study suggested that the Government should establish policies to promote sustainable economic development and promulgate appropriate social security policies to promptly support workers and their families out of difficulties caused by job loss. Also, it should organize the effective implementation of regulations on eliminating child labor and raise social awareness in preventing and eliminating child labor. KEYWORDS: Economic Downturn, Child Labor, COVID-19 Pandemic.

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