The Negative Effects of COVID-19 on the Sustainable Development Goals, Economic Growth, Foreign Trade, and Social Life

2022 ◽  
pp. 105-155
Author(s):  
Özlem Özsoy ◽  
Metin Gürler

COVID-19 affected the health system, education system, production system, foreign trade, social life, and the status quo negatively, and the new normal era will change many attitudes and habits. The pandemic caused the failure of the health system capacity and negatively affected the decent work and economic growth and the fight with the poverty. The pandemic is not a single country's problem anymore; it is a global problem against humanity and human development, which needs a global partnership. As of the end of April 2021, the number of COVID-19-related cases exceeded 150 million, while the number of deaths reached nearly 3.2 million. The vaccination started in December, and more than one billion vaccine doses have been administered all over the world. Whether the vaccine can be accessed by every country will remain another question. This study aims to investigate the negative effects of COVID-19 on SDGs and to analyse the struggle of a rising social nation.

Author(s):  
Begoña Sáiz Mauleón ◽  
Lenin Guillermo Lemus Zuñiga ◽  
Jorge E. Luzuriaga ◽  
Miguel Angel Mateo Pla ◽  
Jose Vicente Benlloch Dualde ◽  
...  

Information and Communication Technologies (ICT) are transforming every area of economic and social life all around the world. New types of jobs different from the traditional ones are created rapidly. The demand for highly skilled staff who uses technology effectively has become a requirement for success of companies and the growing industry.   However, the number of IT graduates is not keeping up with the current demand. In addition, companies have little or no training programs to develop ICT skills. Initiatives from the European Economic Area (EEA) and Norway Grants to support transnational projects for Youth Employment including European Digital Bootcamps (EDIBO) contribute to increase the job opportunities for young people outside of the labour market. In this way the Sustainable Development Goal 8 which aims to “promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all” could be fulfilled.   Nowadays, EDIBO is developing different training labs in order to achieve a success model of all processes involved with the organization, execution and evaluation. The goal of this document is to allow a rapid replication of the intensive ICT training among the partners of the project as well to the social innovation community in general.


Author(s):  
Erhan İşcan

Excessive use of goods and services and industrialization progress of 20th century depleted resources and emerged the sustainable development as the main target of the policymakers, but past experiences and consequences of rapid economic growth of 20th century showed that there must be a change in the policies. Alleviating of poverty with inequalities and hunger in a degraded environment is needing sustainable cities and communities that have decent work for economic growth. In this context, perhaps, there must be a change in the economic paradigm beyond a policy change. Collaborative consumption is this new economic paradigm that has changed the understanding of the economic system. This new economic paradigm is depending on the sharing of idle resources with or without a fee that changed the importance of asset ownership. The main aim of this chapter is to present the impact of collaborative consumption on the 10 Sustainable Development Goals of the UN.


2019 ◽  
Vol 11 (1) ◽  
pp. 81-134 ◽  
Author(s):  
Neha Saini ◽  
Monica Sighania

PurposeThe purpose of this paper is to organize the detailed review of economic growth, carbon emission and foreign capital inflows and its impact on the environment. Another objective of the study is to provide the comprehensive bibliography and to analyze the findings and results of the studies undertaken in review.Design/methodology/approachThis paper examined 111 research papers from a sample of thousands of papers, based on inclusion criteria, in this area of research. These 111 research papers are categorized on the basis of several factors to know the status of research on this topic.FindingsThis study is based on economic development and carbon emission and its impact on the environment. We tried to gather all the available facts based on this topic and found that the topic is gaining high relevance in the present scenario because of the growing pace of development in developing countries. Most of the studies supported the environmental Kuznets curve hypothesis and we also found that significant amount of literature is available which supports cleaner FDI as a measure to mitigate the negative effects of economic growth on the ecological environment.Originality/valueBased on the literature review from various sources, this study provides the collection, classification and comprehensive bibliography on this topic, which may be helpful for stakeholders such as academicians, researchers and policymakers working particularly in this area of research.


Author(s):  
V. Dergachova ◽  
M. Kravchenko ◽  
O. Vynogradova ◽  
V. Holiuk ◽  
K. Kuznietsova

The paper is devoted to the study of theoretical and practical aspects of determinant management of competitive devaluation, which are the essence of competitive devaluation, instruments of its implementation, as well as the positive and negative consequences of its impact on the economy of the country, which is implementing it and its trading partners. The authors have found that competitive devaluation is a deliberate devaluation of currency initiated (both officially and informally) by the central bank to reduce the value of exported goods, thereby facilitating domestic production, solving the unemployment problem, and reducing the balance of payments deficit. The article determines that the most significant impact of competitive devaluation takes place in the following sectors of the country’s economy: foreign trade, industrial, agricultural, financial and services. The study has found that the degree of effectiveness of competitive devaluation to stimulate economic growth of a country is determined by the following factors: structure of foreign trade, share of imported raw materials and components in the cost of goods, foreign trade barriers, growth rates of other countries’ economies, elasticity of demand for exported goods, use of fixed commodity contracts and risk hedging instruments, J-curve effect. The authors highlight the positive and negative consequences of competitive devaluation for the country implementing it and its trading partners. Expected positive results for the country which is devaluing its currency is an increase in exports and an increase in domestic demand, which should contribute to higher employment and economic growth. Among the negative effects of competitive devaluation are the following: a decrease of the purchasing power of the population, a rise of prices of imports and a decrease of their volumes, an increase of the inflation rate; more expensive repayment of foreign currency denominated debt; reduction of foreign investments; restriction of scientific and technological development and the outflow of professional labor.


2019 ◽  
Vol 4 (1) ◽  
pp. 11 ◽  
Author(s):  
GALUH WIDITYA QOMARO

One of the sustainable development goals is to promote inclusive and sustainable economic growth, full and productive employment and decent work for all. Tourism industry has recently become one of the important aspects in the Indonesia's economic growth. Halal tourism is considered a plus value for the tourism industry in Indonesia. Pesantren, as one of the stakeholder institutions in Pentahelix system of halal tourism industry, plays an important role in many things, among others: identifying halal tourism destination, raising public-awareness in processing food, choosing travel services and concepts, determining the payment method of travel services. Pesantren is involved in the educational process about Islamic business ethics, formal or non-formal training for halal tourism industry practitioners, and also the syar'i daily life concept for the residents of halal tourism area. This study aims to identify the importance of Pesantren's role, socially and psychologically, as one of the main pillars of halal tourism development in Indonesia. The result of this qualitative research shows that Pesantren ought to participate holistically and comprehensively in the agenda of Indonesia's halal industry so that with maximal management makes a big contribution to achieve the internationalization program of Indonesian halal tourism and to succeed SDG’s agenda in supporting sustainable tourism and creates employment while supporting local cultures and products in 2030.


Author(s):  
M.ªGema Quintero Lima

En apariencia, los primeros análisis de la digitalización y la robotización de la economía parecen coincidir en que tendrá efectos negativos para el empleo: en la medida en que ciertas actividades puedan ser sustituidas totalmente por procesos digitales o por sujetos robotizados, se hace prescindible ya la presencia total o parcial de trabajadores en las empresas. Solo indirectamente se hace referencia a la incidencia de esos nuevos procesos en el estatuto jurídico del trabajador, en las relaciones laborales colectivas y en la revisión de los sistemas de protección social.Desde septiembre 2015 se han activado desde las Naciones Unidas los Objetivos de Desarrollo Sostenible (ODS), que pueden ser las nuevas directrices de inspiración para nuevas herramientas de gestionar el cambio, o para nuevos contenidos de herramientas clásicas. La legislación y la negociación colectiva son destinatarias de algunos mandatos (referidos a regulaciones de salarios y demás condiciones decentes, son los ejemplos más inmediatos), de ahí que sea preciso insertar nuevas vías de reflexión en la docencia del Derecho Social 4.0. Al mismo tiempo, los ODS son susceptibles de actuar como acelerantes del aprendizaje, por lo que de estimulantes tienen en el ámbito material del Trabajo Decente y del Desarrollo Sostenible.The first analysis of digitalisation and the robotization of the economy seem to converge in the idea that Revolution 4.o will have negative effects on employment: if certain activities can be completely replaced by digital processes or by robotic subjects, then it is possible that workers in companies are totally o partially replaced. There are just only indirect references to the impact of these new processes on the legal status of the worker, on collective labor relations and on the revision of social protection systems.Since September 2016 the Sustainable Development Goals (SDG) have been activated from the United Nations, which may be new inspiration guidelines for new tools to manage change, or for new contents of classic tools. Legislation and collective bargaining are the recipients of some mandates (referring to salary regulations and other decent conditions, are the most immediate examples) hence it is necessary to insert new ways of rethinking the teaching of Social Law 4.0. At the same time, the SDG are likely to act as accelerators at learning processes, so that they are stimulating frameworks in the material scope of Decent Work and Sustainable Development


2019 ◽  
Vol 8 (4) ◽  
pp. 7039-7051

This paper attempts to explore the status of Iraq’s foreign trade by examining the trends of Iraq’s trade, significance of trade in the country’s economy and the trade intensity index between Iraq and major countries for the period between 2007 and 2017. This study relies on average and compound annual growth rates, trade intensity indices (TII) and regression analysis to measure the foreign trade status of Iraq. Abundant natural reserves of oil and gas serve as the engine of Iraq’s economic growth. In the last decade, Iraq’s foreign trade has increased from about US$ 47 billion in 2007 to about US$ 98 billion in 2017. This study demonstrates a significant increase in Iraq’s trade with countries like USA, China, Turkey and India. Although Iraq’s exports are much higher than imports, there has been a decline in the volume of exports during the study period, while imports have increased impressively


2014 ◽  
Vol 1073-1076 ◽  
pp. 1326-1330
Author(s):  
Dan Li ◽  
Wei Xin Luan

To study the rationality of concentration of coastal container ports in China, a comparison of container port concentration of China and other countries' has been carried out. The result shows that the concentration of Chinese ports is relatively low, but the container throughput of Chinese ports is relatively high and their average container throughput is much higher than other countries’ ports’. If we continuously promoted the concentration of coastal container ports, the main Chinese ports' container throughout would grow excessively. That will bring some negative effects to the port located cities and hinder the healthiness and steadiness of port development. So, although the current concentration of Chinese ports is relatively low, in consideration of the facts of our country, the status of low concentration should be maintained or becomes even lower, to ensure the sustainable development of coastal container ports.


Green Finance ◽  
2021 ◽  
Vol 3 (4) ◽  
pp. 483-494
Author(s):  
Lars Carlsen ◽  

<abstract> <p>Decent work and economic growth are regarded as essential elements for the sustainable development of countries. Thus, the Sustainable Development Goal No. 8 (SDG 8) is specifically devoted to this. The present paper reports on partial ordering-based analyses of the main indicators for the 27 European member states for their complying with SDG 8. The analyses are based on five main indicators, real GDP (GDP), investment share of GDP by institutional sectors (INV), young people neither in employment nor in education and training (NEET), employment rate (EmpR) and long-term unemployment rate (LtUR). The analyses comprise 1) an overall analysis taken all five indicators simultaneously into account, 2) the investment profiles of the countries applying investment from business, government of households as indicators and 3) the employment situation in the single countries with the NEET, EmpR and LtUR as indicators, specifically looking at differences between males and females. The data gives rather clear-cut pictures of the general situation in the European Union as well on the investment profiles and employment situation. In all cases the countries are mutually ranked and compared to the population averaged values for the Union (EU27).</p> </abstract>


Author(s):  
Maysaa Ahmad Altareefi, Mahmoud Haroun Alnaimat Maysaa Ahmad Altareefi, Mahmoud Haroun Alnaimat

This study aimed to identify the level of quality of life for a sample of adults in Jordan in the presence of the corona pandemic, where the two researchers used the descriptive approach, both analytical and correlational, the study sample consisted of (285) adults who were selected in a simple random way. The results showed that the quality of life of the sample was average, and indicated that there are apparent differences between the arithmetic averages in the quality of life of the sample according to gender, age and marital status, and the absence of statistically significant differences in degree The total quality of life of the sample in light of the Corona pandemic and its dimensions attributable to gender, the existence of differences in the dimension of (social life) and in favor of females, the existence of differences in the total degree of the level of quality of life of the sample in light of the Corona pandemic and its dimensions attributable to the social situation in favor of singles, and the existence of differences in the total degree of the level of The quality of life is attributed to age in favor of those of their ages (18-30 years), that is, young people feel more of a quality of life, and the researchers recommended several results, including the status of The necessary support mechanisms to mitigate the negative effects of the Corona crisis on health and well-being, especially for the elderly.


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