An Exploratory Study on Personal Finance in the Context of COVID-19

2022 ◽  
pp. 54-64
Author(s):  
José G. Vargas-Hernández

The world is currently experiencing a dramatic crisis that has not yet reached bottom. In Mexico, in the second quarter of 2020, there was a drop in the gross domestic product of 18.9% compared to the same quarter of 2019. In this context, the objective is to identify types of personal expenses in households located in Culiacán, Sinaloa, Mexico as of July 15, 2020. The main results were that most of the respondents' budgets spend according to their income, have had no problem paying their bank loans on time, would consider a fund for future contingencies, have not purchased health insurance, have not bought a computer or cell phone, among other issues analyzed. The main findings are oriented to the fact that the studied population has not acquired additional medical insurance despite the pandemic. It is also concluded that the population under study has become aware of having savings for contingency funds and that digital life still shows resistance in making personal financial decisions.

2016 ◽  
Vol 21 (1) ◽  
pp. 9-20
Author(s):  
Ersalina Tang

The purpose of this study is to analyze the impact of Foreign Direct Investment, Gross Domestic Product, Energy Consumption, Electric Consumption, and Meat Consumption on CO2 emissions of 41 countries in the world using panel data from 1999 to 2013. After analyzing 41 countries in the world data, furthermore 17 countries in Asia was analyzed with the same period. This study utilized quantitative approach with Ordinary Least Square (OLS) regression method. The results of 41 countries in the world data indicates that Foreign Direct Investment, Gross Domestic Product, Energy Consumption, and Meat Consumption significantlyaffect Environmental Qualities which measured by CO2 emissions. Whilst the results of 17 countries in Asia data implies that Foreign Direct Investment, Energy Consumption, and Electric Consumption significantlyaffect Environmental Qualities. However, Gross Domestic Product and Meat Consumption does not affect Environmental Qualities.


Author(s):  
Oksana Melnichuk

The relevance of the study is due to the growing role of services in the world economy. Trade in services has become the dominant driver of economic growth and development in both developed and developing economies. Since the 1980s, data suggest that there is a stronger relationship between trade in services and gross domestic product (GDP) than in the case of commodity growth and GDP. It is noted that the quality of policies, regulations and institutional frameworks is a key factor in determining the effectiveness of services. As services are increasingly subject to liberalization through multilateral and regional trade agreements, it is important that countries develop harmonized approaches to internal regulation and trade liberalization in the services sector. The article identifies the features and characteristics of the service sector as a factor of multifaceted development and growth. The dynamics of international trade in services by geographical structure and types of development of countries is studied on the basis of statistical data of international organizations, taking into account the impact of the pandemic. It is noted that international trade in services is becoming an increasingly important part of global commerce. The problematic aspects of the activity of small business entities to enter foreign markets of services are considered. The issue of urgency of digital economy development for the sphere of services and contribution to world markets is outlined. Opening up the services sector has the potential to bring great benefits and deserves more attention. Further prospects for the realization of entrepreneurial potential in a comprehensive global economy are outlined. It is noted that services are an important part of the world economy, generating more than two-thirds of world gross domestic product (GDP), attracting more than three-quarters of foreign direct investment in developed economies, and creating most of new jobs worldwide. Establishing effective coordination mechanisms between trade negotiators, policymakers and regulators will be an important tool for the development of the global economy.


Circulation ◽  
2014 ◽  
Vol 129 (suppl_1) ◽  
Author(s):  
Rajesh Vedanthan ◽  
Mondira Ray ◽  
Valentin Fuster ◽  
Ellen Magenheim

Introduction: Hypertension is the leading global risk for mortality and its prevalence is increasing in many low- and middle-income countries. Hypertension treatment rates are low worldwide, potentially in part due to insufficient human resources. However, the relationship between health worker density and hypertension treatment rates is unknown. Objective: To conduct an econometric analysis of the relationship between health worker density and hypertension treatment rates worldwide. Methods: Hypertension treatment rates were collected from published reports between 1980 and 2010. Data on health worker (physician and nurse) density were obtained from the World Health Organization (WHO). Data for potential confounding variables--per capita gross domestic product, hospital bed density, burden of infectious diseases, land area and urban population--were obtained from WHO and World Bank databases. Potential interaction by per capita gross domestic product was evaluated. Multivariable logistic-logarithmic regression analysis was performed using Stata. Results: Full data were available from 146 countries spanning all World Bank income classification categories. Health worker density was significantly associated with hypertension treatment rate in the unadjusted model (beta = 0.23; p < 0.005). In the fully adjusted model, the association remained positive but was not statistically significant (beta = 0.30; p = 0.078) (Figure). Hypertension treatment rates were more strongly related to physician than nurse density (beta = 0.21 vs 0.08; p = 0.10 vs 0.49). Conclusion: Hypertension treatment rates across the world appear to be related to health worker density, although the relationship does not achieve strict statistical significance. Our results suggest that a 10% increase in health worker density is associated with a 2-3% increase in hypertension treatment rate. Given the global burden of hypertension and other chronic diseases, WHO guidelines for health workforce staffing may need to be reconsidered.


Author(s):  
Michael T. Masarirambi ◽  
Kwanele A. Nxumalo ◽  
Daniel V. Dlamini ◽  
Lokadhia Manwa ◽  
Molyn Mpofu

Brassica vegetables are diverse and widely consumed in tropical, subtropical and temperate regions of the world. Although exotic in Southern Africa brassicas are now relatively important vegetables produced and consumed in the region all year round. In their production, postharvest handling, storage and processing chain, employment is created and revenue is generated and thus their contribution to gross domestic product (GDP). Brassicas are not only important economically but by far their greatest contribution is to human nutrition and health. They contain vitamins and cancer preventing phytochemicals. They also contribute fibre which is important for proper digestion and is anticancer preventing material. Brassica vegetables provide interesting colour when incorporated in salads. They are components which add up to achieving food security in the Kingdom of Eswatini. Despite immense importance of brassica vegetables in the Kingdom, there is dearth of information pertaining to their agro-climatological requirements and their nutritional awareness among the citizens. Therefore, the purpose of this study was to explore the agro-climatological needs of the brassica vegetables and to bring awareness of their health and food security contribution through documentation and community education.


Risks ◽  
2020 ◽  
Vol 8 (4) ◽  
pp. 122 ◽  
Author(s):  
Arkadiusz J. Derkacz

The COVID-19 pandemic has caused a significant slowdown in the development of almost all economies in the world. In this context, the main goal of this research is to try to present changes in the value of fiscal, investment and export multipliers as a result of the COVID-19 pandemic. The research was conducted in selected European Union countries. They are France, Germany, Italy, Poland, Portugal and Spain. This research is based on the theory of effective demand. The values of feeds and leakages of total demand in the period from 2015 to 2020 were examined and calculated. On this basis, the individual multipliers of autonomous spending were analyzed and their changes in the first period of the COVID-19 pandemic were presented. The analyses led to a surprising conclusion: it found that the autonomous spending multipliers in some economies increased. This means that they have become ‘security buffers’ for the health of economies. This means that the increase in their value weakened the negative effects of changes in autonomous expenditure on gross domestic product.


Author(s):  
Khairunnisa Musari

Loan shark is a humanitarian problem faced by many countries in the world, including in Asia, even in the Association of Southeast Asian Nations (ASEAN)'s countries. Loan shark activities are found not only in Myanmar and Cambodia, which has the lowest per capita income in ASEAN but also in Indonesia, Thailand, Malaysia, Brunei, and even Singapore, which are the five countries with the highest gross domestic product (GDP) per capita in ASEAN. How are loan shark practices in ASEAN countries? Can nanofinance overcome the microfinance gap to fight the loan shark? How the practice of Bank Wakaf Mikro (BWM) in Indonesia to nanofinance with qardhul hassan contract? Find the answers in this chapter.


2009 ◽  
Vol 3 (4) ◽  
pp. 301-303
Author(s):  
Fernando Garcia-Hernandez ◽  
◽  
Adrian H. Oskam ◽  
Victor M. Castano ◽  
◽  
...  

Corrosion is the deterioration of a substance (usually a metal) or its properties because of the reaction with its environment. There are many forms of corrosion, some of which are encountered in everyday life. Direct losses due to corrosion are more than $276 billion dollars annually = 3.1% of Gross Domestic Product only in the United States. If we consider the rest of the world this figure would be many times higher. However, corrosion and its control besides of its importance, is often a neglected element in the practice of engineering. This work presents the design of an innovative low cost device to carry out corrosion testing of materials in different environments. High costs that result from the fabrication of special probes or devices for testing, make it an interesting challenge for the engineer or designer. This original and innovative device has been designed accordingly to both the laboratory equipment which will do the characterization and assessment of the corrosion testing, as well as the “Loop reactor” where testing will be carried out in different environments.


Author(s):  
John Halamka

The United States spends nearly 17% of its gross domestic product on healthcare,1 almost double that of any other industrialized country,2 and achieves worse outcomes by many measures.3 The U.S. may have the most healthcare in the world, but we do not have the best healthcare. Today, Healthcare in the U.S. is a poor value. If we are going to remain competitive in the world economy, we must deliver the right care in the right setting at the right time at the right cost.


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