Dampak Pandemi COVID-19 terhadap Perekonomian Dunia

2021 ◽  
Vol 2 (2) ◽  
Author(s):  
Bambang Arianto
Keyword(s):  
World Economy ◽  
Economic Recession ◽  
Literature Study ◽  
Study Approach ◽  
The World ◽  
World Economic ◽  
Economic Stimulus ◽  
Negative Impacts ◽  
The Stability ◽  
The Impact

ABSTRAKArtikel ini bertujuan mengelaborasi dampak pandemi virus Corona 19 (Covid-19) terhadap perekonomian dunia. Dikarenakan pandemi Covid 19 telah mempengaruhi stabilitas perekonomian dunia menjadi stagnan dan negatif. International Moneter Fund menyatakan bahwa pandemi Covid 19 telah menyebabkan terjadinya resesi dunia yang ditandai dengan peningkatan angka pengangguran dan kemiskinan setiap negara di dunia. Sedangkan pemulihan ekonomi dengan memperkuat stimulus ekonomi melalui strategi lokal menjadi salah satu alternatif mengembalikan pelembagaan ekonomi di setiap negara. Penelitian ini menggunakan pendekatan studi kepustakaan dengan merujuk berbagai literatur sebagai data pendukung. Artikel ini berpendapat bahwa dampak pandemi Covid-19 telah memberikan banyak dampak negatif bagi perekonomian dunia yang menyebabkan terjadinya resesi ekonomi dunia. Artikel ini juga berpendapat bahwa setiap negara wajib memperkuat stimulus ekonomi untuk menjaga stabilitas ekonomi bangsa. Kata Kunci : Ekonomi dunia, Stimulus Ekonomi, Covid-19. ABSTRACT This article aims to elaborate on the impact of the Corona 19 (Covid-19) virus pandemic on the world economy. Because the Covid 19 pandemic has affected the stability of the world economy to become stagnant and negative. The International Monetary Fund stated that the Covid 19 pandemic had caused a world recession marked by an increase in unemployment and poverty in every country in the world. Meanwhile, economic recovery by strengthening economic stimuli through local strategies is an alternative to restore economic institutionalization in each country. This study uses a literature study approach by referring to various literatures as supporting data. This article argues that the impact of the Covid-19 pandemic has had many negative impacts on the world economy which led to a world economic recession. This article also argues that every country is obliged to strengthen economic stimulus to maintain the stability of the nation's economy.Keywords : World economy, Economic Stimulus, Covid-19.

scholarly journals The Impact of Domestic and Foreign Environment on China’s EconomicDevelopment

2020 ◽  
Vol 1 (1) ◽  
Author(s):  
Mengya Cao
Keyword(s):  
Financial Crisis ◽  
Economic Crisis ◽  
World Economy ◽  
Industrial Structure ◽  
Negative Impact ◽  
Economic Losses ◽  
The World ◽  
World Economic ◽  
Short Time ◽  
The Impact

In recent years, the financial crisis has affected the economies of all countries in the world. At that time, it seriously restricted the development of the world economy. From a modern perspective, the difficult period of the world economic crisis caused by the financial crisis has passed, but the negative impact of the economic crisis can not be eliminated in a short time. Dispersed, the crisis has brought both opportunities and challenges to the country as well as heavy economic losses. Under the background of economic globalization, only by making a scientific and effective analysis of the world economic situation and keeping up with the trend of the world economy, can we effectively promote the domestic economic development and industrial structure, and enable our economy to develop healthily and substantially.

scholarly journals THEORETICAL AND METHODOLOGICAL ASPECTS OF DETERMINING THE INFLUENCE OF GLOBALIZATION PROCESSES ON THE DEVELOPMENT OF THE ECONOMY OF UKRAINE

2021 ◽  
Author(s):  
Svitlana Bestuzheva ◽  
Viktoria Kozub
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Global Economy ◽  
World Economy ◽  
Modern Trend ◽  
Tax Rate ◽  
Goods And Services ◽  
The World ◽  
World Economic ◽  
The Impact

The paper proposes a scientific approach to determining the impact of globalization processes on the development of Ukraine’s economy based on the analysis of the dynamics and modeling of indicators of the degree of integration of Ukraine’s economy into the system of world economic relations. Globalization is seen as a modern trend in the world economy as a system of interconnected and interdependent economic entities, among which a significant place is occupied by countries. The authors determine the degree of Ukraine's integration into the world economic space by its place in the ratings of globalization and economic openness. Analysis of the dynamics of the degree of integration of Ukraine's economy into the global economy is based on GDP, export and import quotas during 2006 – 2020. Based on the results of the analysis, the authors developed an econometric model for assessing the impact of factors on the globalization index of Ukraine, identified the most significant positive factors, namely the volume of exports of goods and services as a percentage of GDP, GDP, the ratio of foreign direct investment to GDP, the share of innovative exports export of goods and services of the country. The import quota and the corporate income tax rate have been identified as negative factors. Based on the results obtained during the modeling, the authors have developed and proposed a sequence of measures to increase the level of openness of Ukraine's economy in the context of its globalization. Perspective forms of globalization in the context of forming a new perspective of the international community on changing the vector of world economy - from globalization to regionalization and nationalization which have materialized in increasing the volume and diversification of the structure of international trade, intensification of international financial transactions, the emergence of transnational business, a sharp increase in foreign direct investment and intensification of international labor migration.

scholarly journals ANALYSIS OF DESTINATION ATTRIBUTE AND QUALITY PERCEPTION OF ACEH HALAL TOURISM INTENTION: THE MEDIASION ROLE OF VISITOR SATISFACTION

2021 ◽  
Vol 1 (2) ◽  
pp. 249-258
Author(s):  
Fuadi Fuadi ◽  
Reza Juanda ◽  
Munardi Munardi ◽  
Falahuddin F
Keyword(s):  
World Economy ◽  
Perceived Quality ◽  
Study Data ◽  
Tourism Industry ◽  
Future Research ◽  
Literature Study ◽  
Visitor Satisfaction ◽  
The World ◽  
The Future ◽  
The Impact

The COVID-19 pandemic is considered different from previous pandemics because of the extent and number of people infected. The impact of the COVID-19 pandemic has made almost all joints of the world economy sluggish, as a result it is estimated that the world economy will be in a recession. This also applies in Indonesia, where economic growth is not as expected. One of the sectors most impacted by this virus is the tourism industry and its derivatives, so it is very important to know and determine the right strategy in managing and seeing tourism opportunities in the midst of the pandemic and the aftermath as an effort to develop the world of sustainable tourism. The purpose of this study was to determine the impact of tourist satisfaction and perceived quality on the intention of halal tourism in the midst of a pandemic and in the future. Research on travel intentions in the midst of a pandemic, especially during the COVID-19 period, is still very limited, so that it will have an impact in the future, so further research needs to be carried out in a different context from the limitations of previous research. The research stages include; data observation, determining the main problem, the purpose of the activity, literature study, data collection, data processing, analysis of results, and evaluation of research results. This research is based on the theoretical framework of Destination Attributes and Perceived Quality. This study seeks to analyze the intentions of tourists traveling in the midst of the COVID-19 pandemic among the people of Aceh, Indonesia, and world tourists who travel to Banda Aceh City, Aceh Province. The data analysis method used a partial least squares (PLS) statistical approach with the structural equational model (SEM) method to see the direct and indirect effects (mediation). The findings of this study are expected to contribute to more effective planning for restoring the tourism business, specifically halal tourism and for the development of measures for destination attributes and visitor satisfaction and security in tourism services, now and in the future. The outputs in this study consist of research reports, articles in accredited national journals and produce HKI (copyright). The resulting TKT level of research is TKT 3.

Impact of Global Economic Challenges on the Development of Future Markets

2019 ◽  
pp. 34-42
Author(s):  
Yu. G. Lavrikova ◽  
E. L. Andreeva ◽  
A. G. Tarasov ◽  
A. V. Ratner
Keyword(s):  
International Economic ◽  
World Economy ◽  
Economic Recession ◽  
Service Development ◽  
Economic Relations ◽  
Stage Of Development ◽  
Global Challenges ◽  
International Economic Relations ◽  
The World ◽  
The Impact

The topic of the study is relevant due to the fact that the world economy and international economic relations are influenced by global challenges. In this context, the formation of a new technological paradigm based on digitalization is an important trend.Aim. The presented study aims to determine the effects of global economic challenges on the development of future markets.Tasks. The authors determine the essence of global challenges at the current stage of development of the world economy and specific aspects of international economic relations; substantiate the emergence and nature of future markets and analyze the impact of global challenges on their development.Methods. The major modern global challenges are systematized with allowance for their current and potential impact on the development of future markets. The essence and nature of the current development of future markets are analyzed. This study uses the methods of comparative analysis and economic-statistical (including correlation) analysis to examine and compare the dynamics of the indicators of future markets and indicators of world economy development.Results. The analysis shows that future technology markets have their own features, such as customization of production, after-sales service, development of cross-sectoral ecosystems, etc. The identified global challenges include global economic recession, growth of trade barriers, and increased global competition, which can be both limiting and stimulating for future markets.Conclusions. On the global economic scale, future markets can be identified as a competitive path towards solving environmental, technological, socio-economic, and other global problems. The corresponding markets can ensure significant potential for economic growth.

scholarly journals Information Technology and the World Growth Resurgence

2007 ◽  
Vol 8 (2) ◽  
pp. 125-145 ◽  
Author(s):  
Dale W. Jorgenson ◽  
Khuong Vu
Keyword(s):  
Economic Growth ◽  
Information Technology ◽  
World Economy ◽  
It Investment ◽  
The World ◽  
World Economic ◽  
Per Capita ◽  
The Impact ◽  
Capita Output ◽  
World Output

Abstract This paper analyzes the impact of investment in information technology (IT) on the recent resurgence of world economic growth. We describe the growth of the world economy, seven regions, and 14 major economies during the period 1989-2004. We allocate the growth of world output between input growth and productivity and find, surprisingly, that input growth greatly predominates! Moreover, differences in per capita output levels are explained by differences in per capita input, rather than variations in productivity. The contributions of IT investment have increased in all regions, but especially in industrialized economies and Developing Asia.

scholarly journals Dampak Covid – 19 Dalam Stabilitas Ekonomi Politik Internasional

2021 ◽  
Vol 4 (2) ◽  
pp. 654-671
Author(s):  
Siti Imalia Tanjung
Keyword(s):  
Political Economy ◽  
International Political Economy ◽  
Point Of View ◽  
World Health ◽  
Literature Study ◽  
Research Journal ◽  
The World ◽  
The Stability ◽  
Health Organization ◽  
The Impact

The unprecedented COVID-19 pandemic has caused people all over the world to panic. The World Health Organization (WHO) is taking proactive measures to prevent the spread of the virus, by directing countries around the world to take measures such as social distancing, physical distancing, quarantine, and regional restrictions or known as lock down which ultimately affects various sectors of life. . This research journal discusses the Impact of Covid-19 on International Political Economy Stability. This paper focuses on the impacts of the COVID-19 pandemic phenomenon, and various global problems in general, and positions the COVID-19 pandemic phenomenon from the point of view of international political economy studies as a study of International Relations. This writing uses a qualitative descriptive research method by using a literature study to systematically study the impact of the COVID-19 Pandemic on the stability of the International Political Economy, in order to formulate future policies in combating the pandemic. After reviewing and analyzing some of the literature, it was concluded that the stability sector of the International Political Economy is the most vulnerable and threatened to the impact of COVID-19.

ANALYSIS OF MODERN PROCESSES OF WORLD ECONOMIC GLOBALIZATION

2019 ◽  
pp. 23-31
Author(s):  
Svitlana E. TKACHENKO
Keyword(s):  
World Economy ◽  
Economic Globalization ◽  
International Economy ◽  
Present Stage ◽  
Negative Effects ◽  
Economic Relations ◽  
Stage Of Development ◽  
The World ◽  
World Economic ◽  
The Impact

Introduction. The article highlights the problems and prospects of globalization of international economic relations, identifies the importance of globalization for the sectors of the world economy structure, determines the impact of globalization on different groups of countries, examines the state and actual tasks of the globalization process of the international economy in conditions of innovation and integration, to positive and negative effects. One of the main problems of globalization is the potential global instability due to the national economies interdependence of the countries at the global level. The purpose of this article is to investigate the impact form of economic globalization on the competitiveness factors modification; the globalization conditions justification of national and world economic relations. Results. The study of the problem and perspectives in the context of the globalization concept disclosure of the world economy made it possible to define this process as a transformational internationalization of the world economy into a global system of international scale on the principles of openness, universality and interdependence. The essential features that lead to the globalization development of the world economy are at the present stage: the formation of the world information space, scientific and technological progress; economic integration; a new system of labor international division; the implementation of universal liberal-democratic values. Conclusions. Given the uneven distribution of the globalization benefits, of course, the negative effects of globalization processes in a particular country will significantly depend of the place, that this country occupies in the world economy. In this regard, three groups of threats, dangers, and potential problems have been identified, that arise at the present stage of development of economic activity internationalization, depending on which countries they may reach. Keywords: globalization, integration, international economy, competition, world economy, economic development, national economy, socio-economic relations.

scholarly journals IN-DEPTH ASSESSMENT OF THE IMPACT OF COVID-19 ON INDIAN ECONOMY

2021 ◽  
pp. 43-53
Author(s):  
Dr. Mahesh Kumar Kurmi ◽  
Dr. Baneswar Kapasi
Keyword(s):  
Unemployment Rate ◽  
World Economy ◽  
Investor Sentiment ◽  
Indian Economy ◽  
The People ◽  
The World ◽  
State Of The Economy ◽  
World Economic ◽  
Net Export ◽  
The Impact

Mending the deteriorating state of the world economy caused by the outbreak of COVID-19 is the biggest challenge in the new millennium. The shocking effects of the pandemic have not only affected the socio-cultural lives of the people but have also stunned the economies across the world. The world economy is passing through great uncertainty in this pandemic situation. Economists predict that the economic impact of the pandemic could be worse than the world economic crisis of 1930. Indian economy is also not beyond the sphere of COVID -19. This pandemic has impacted all sectors of the Indian economy, whether it is primary or secondary or tertiary or even Quaternary. No part of the vital segments of the Indian economy such as trade, production, demand, tourism and business travel, investment, and investor sentiment has been spared from its harsh effects. Undoubtedly, COVID-19 has severely affected the Indian economy, but how profound was the impact of COVID-19 on the Indian economy? That is the question of this research paper. Thus, considering various indicators of economy such as GDP, unemployment rate, net exports, and GST collections, an attempt has been made here to compare the state of the Economy in FY 2020-21 with that of FY 2019-20 so that at least the immediate impact of COVID-19 on the Indian economy can be assessed. KEYWORDS: COVID-19, Indian Economy, GDP, Unemployment Rate, Net Export, GST

scholarly journals Some Recommendations of M&A Activity in Vietnam Today

2015 ◽  
Vol 1 (1) ◽  
pp. 30
Author(s):  
Phan Quan Viet
Keyword(s):  
Adverse Effect ◽  
World Trade Organization ◽  
World Trade ◽  
World Economy ◽  
Economic Recession ◽  
Integration Process ◽  
The Core ◽  
The World ◽  
Basic Solutions ◽  
The Impact

<p>After 7 years of joining the World Trade Organization (WTO) in Vietnam, the businesses of Vietnam now have been integrating into the world economy increasingly deeper, not only having opportunities but also facing challenges. The benefits are very significant but the impact and adverse effect of the global economic crisis on the businesses of Vietnam is not small. During the integration process as above, M&amp;A activity is a tool to attract resource and expand business scale. In the economic recession, M&amp;A activity is an effective way to help the businesses of Vietnam get out of the recession and recover development. This article introduces the problems of the core of M&amp;A activity and also analyzes the results obtained in M&amp;A activity in Vietnam over the years and the impact of M&amp;A on the economy of Vietnam. On this basis, the author provides some basic solutions in M&amp;A activity in Vietnam. </p>

scholarly journals COVID-19: Economic Recession or Depression?

2020 ◽  
Vol 37 (75) ◽  
pp. 139-147
Author(s):  
Mario Arturo Ruiz Estrada
Keyword(s):  
Gross Domestic Product ◽  
World Economy ◽  
Economic Recession ◽  
Domestic Product ◽  
Long Run ◽  
First Choice ◽  
The World ◽  
Classical Economic ◽  
The Impact ◽  
Macroeconomic Indicator

This paper is interested to introduce a new macroeconomic indicator to evaluate the impact of any massive pandemic such as COVID-19 on the world economy performance in the short run (1 year) and long run (10 years). The new macroeconomic indicator is entitled “The Economic Uncontrolled Desgrowth from COVID-19 (-δCOVID-19).” In fact, the new macroeconomic indicator assumes that always COVID-19 is going to be the major factor to generate a large economic leakage on the final GDP formation anytime and anywhere. Additionally, the same paper is willing to evaluate two post-COVID-19 possible scenarios. The first scenario: if COVID-19 is going to generate a short economic recession, then the world economy gross domestic product can delay between two and three years. The second scenario: if COVID-19 is going to produce a large economic depression, then the world economy gross domestic product can take easily between five and ten years such as the case of the world great depression of 1928. From now, the economists need to decide between two possible choices to solve these two types of economic crisis (recession or depression): The first choice is the uses of the classical economic policies –fiscal or monetary- from past experiences (Keynesians and Monetarists). The second choice is the creation of new and innovative polices approaches to reduce the COVID-19 damage under the support of new theoretical and methodological approaches.

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