scholarly journals Ardl Panel's Capability In Maintaining Economic Stability During Covid-19 Asean Founder Countries

2021 ◽  
Vol 2 (5) ◽  
pp. 1433-1440
Author(s):  
Ade Novalina
Keyword(s):  
Time Series ◽  
Government Spending ◽  
World Economy ◽  
Aggregate Demand ◽  
Secondary Data ◽  
Leading Indicators ◽  
Economic Sector ◽  
Economic Stability ◽  
Demand And Supply ◽  
The World

The slowdown in the world economy due to the COVID-19 pandemic has become one of the triggers for increased analysis in the economic sector to find the proper steps to protect the economy from the shadow of the crisis. However, most research is still focused on several separate policies, which makes the analysis results still seem bleak. This research was conducted using the ARDL panel approach to analyze the ability of endurance policy to maintain a balance between aggregate demand and supply in ASEFO countries. The data used is secondary data (time series) from 2009 – 2019. The analysis results show that the leading indicators of controlling GDP in ASEFO countries on a panel basis are INF, NPL, GOV, LDR. Meanwhile, the leading indicators of the effectiveness of the variables are INF and GOV. Thus, government spending during the pandemic must still be controlled not to cause inflation which is a threat to the economy.

A Long Stagnation, or Capitalism without Growth

2018 ◽  
Author(s):  
Louçã Francisco ◽  
Ash Michael
Keyword(s):  
Great Recession ◽  
World Economy ◽  
Economic Stability ◽  
Secular Stagnation ◽  
The Great Recession ◽  
The Past ◽  
The World ◽  
History Of ◽  
Growth Prospects

Chapter 11 assesses the growth prospects of the world economy. The history of global economic doomsaying is traced briefly, a frequently reasonable position that has not done well with the facts for the past hundred years. Capitalism has been adept at escaping from the pit and pendulum. A set of global imbalances is then reviewed that are seen as posing a severe threat to global economic stability and certainly to the prospects for sustainable and equitable growth. The Great Recession following the Crash of 2007–8 might be “different this time.” Historical and contemporary fears of “secular stagnation” are discussed but the speculative nature of stagnationist assessments is acknowledged.

scholarly journals The impact of the COVID-19 pandemic on socio-economic and sustainability

2021 ◽  
Author(s):  
Xueli Wei ◽  
Lijing Li ◽  
Fan Zhang
Keyword(s):  
World Economy ◽  
Social Economy ◽  
Secondary Data ◽  
Well Being ◽  
Cross Sectional ◽  
The Social ◽  
The World ◽  
The Status ◽  
Sectional Analysis ◽  
The Impact

Pumping elephantThe COVID-19 pandemic has adversely affected the lives of people around the world in millions of ways . Due to this severe epidemic, all countries in the world have been affected by all aspects, mainly economic. It is widely discussed that the COVID-19 outbreak has affected the world economy. When considering this dimension, this study aims to examine the impact of the COVID-19 pandemic on the world economy, socio-economics, and sustainability. In addition, the research focuses on multiple aspects of social well-being during the pandemic, such as employment, poverty, the status of women, food security, and global trade. To this end, the study used time series and cross-sectional analysis of the data. The second-hand data used in this study comes from the websites of major international organizations. From the analysis of secondary data, the conclusion of this article is that the impact of the pandemic is huge. The main finding of the thesis is that the social economy is affected by the pandemic, causing huge losses in terms of economic well-being and social capital.

scholarly journals FAKTOR – FAKTOR YANG MEMPENGARUHI KONSUMSI GAS DI INDONESIA

2021 ◽  
Vol 3 (2) ◽  
pp. 69
Author(s):  
Rohim Rohim ◽  
Mike Triani
Keyword(s):  
Time Series ◽  
World Bank ◽  
Time Series Data ◽  
Secondary Data ◽  
Series Data ◽  
Industrial Growth ◽  
A Value ◽  
The World Bank ◽  
The World ◽  
Gas Consumption

The purpose of this research is to determine (1) the effect of income on gas consumption in Indonesia (2) the effect of population on gas consumption in Indonesia (3) the effect of industrial growth on gas consumption in Indonesia. This type of research is descriptive and associative. The data used in this research is secondary data from Indonesia in the form of time series data from 1970 to 2019 and this data was obtained from official institutions of the World Bank and BP Statistic World. The data were processed using multiple linear regression. The results showed that the income had a negative and significant effect on gas consumption with a probability value of 0.0005 <0.05, the population had a positive and significant effect on gas consumption with a value of prob t-count of 0.0010 <0.05 and industrial growth had a positive and significant effect on gas consumption.  The significant to gas consumption in Indonesia with a value of prob t-count value of 0.5219 <0.05 and suggestions for further researchers to be able to analyze other factors that affecting gas consumption in Indonesia.  Because from the gas sectors, there are still many factors that affected gas consumption until the research results will be better

scholarly journals Business Cycles in Algerian Economy: A Bayesian DSGE Approach

2018 ◽  
Vol 2 (1) ◽  
pp. 72-100
Author(s):  
Abdelsalam BOUKHEROUFA
Keyword(s):  
Time Series ◽  
Business Cycles ◽  
Business Cycle ◽  
Equilibrium Model ◽  
Government Spending ◽  
Aggregate Demand ◽  
Dynamic Stochastic General Equilibrium ◽  
Business Cycle Fluctuations ◽  
Output Fluctuations ◽  
Dynamic Stochastic

The main objective of this paper is to highlight the most important shocks that drives the business cycles in the Algerian economy. Using Bayesian estimation techniques, we estimate a dynamic stochastic general equilibrium model (DSGE) using four time series of the Algerian macroeconomics. Through this estimated model, which succeeded in capturing the dynamics of the Algerian economy data, we found three main results: First, the main causes of business cycle fluctuations in the Algerian economy are aggregate demand shocks. Second, the of government spending shock play the most important role in output fluctuations. Third, empirical results show evidences of procyclical in government spending policies.

scholarly journals Dampak Pandemi COVID-19 terhadap Perekonomian Indonesia

2020 ◽  
Vol 5 (2) ◽  
pp. 212 ◽  
Author(s):  
Dito Aditia Darma Nasution ◽  
Erlina Erlina ◽  
Iskandar Muda
Keyword(s):  
Data Analysis ◽  
Research Methodology ◽  
World Economy ◽  
Quantitative Method ◽  
Secondary Data ◽  
Slow Pace ◽  
The World ◽  
Data Source ◽  
The Impact ◽  
Trade And Investment

<p><em>This study aims to determine the impact of the COVID-19 pandemic on the Indonesian economy. Until this research was written, 93 countries were found infected with COVID-19. The spread of COVID-19 which had spread eventually brought very bad risks to the world economy, including Indonesia, especially in terms of tourism, trade and investment. The method used in this research is descriptive quantitative method that uses an approach called secondary data analysis, which is a research methodology that uses secondary data as the main data source. Based on the results of the study, Indonesia is currently still in a stable economic situation. Strategic steps related to fiscal and monetary are also estimated to still have room to provide economic stimulus if needed. However, as the COVID-19 pandemic case developed, the market did fluctuate more in the negative direction. Not only that, the slow pace of Indonesia's export activities to China will also have a significant impact on the economy in Indonesia.</em></p><p><em><br /></em></p><p><em>Penelitian ini bertujuan untuk mengetahui dampak pandemi COVID-19 terhadap perekonomian Indonesia. Hingga penelitian ini ditulis ditemukan 93 negara yang telah terjangkit COVID-19. Pandemi COVID-19 yang telah menyebar pada akhirnya membawa risiko yang sangat buruk bagi perekonomian dunia termasuk Indonesia khususnya dari sisi pariwisata, perdagangan serta investasi. Metode yang digunakan dalam penelitian ini adalah metode kuantitatif deskriptif dengan menggunakan pendekatan analisis data sekunder. Berdasarkan hasil penelitian, dampak pandemi COVID-19 menyebabkan rendahnya sentimen investor terhadap pasar yang pada akhirnya membawa pasar ke arah cenderung negatif. Langkah-langkah strategis terkait fiskal dan moneter sangat dibutuhkan untuk memberikan rangsangan ekonomi. Seiring berkembangnya kasus pandemi COVID-19, pasar lebih berfluktuasi ke arah yang negatif. Tidak hanya itu saja, lambatnya ekonomi global khususnya kegiatan ekspor Indonesia ke China juga berdampak signifikan terhadap perekonomian Indonesia. Hal tersebut berdasarkan analisis sensitivitas yang menjelaskan bahwa lambatnya ekonomi global saat ini sangat berdampak terhadap pertumbuhan perekonomian Indonesia.</em></p>

scholarly journals The Effect Of Covid-19 On Demand And Supply Of Animal Food Of Livestock

2021 ◽  
Vol 748 (1) ◽  
pp. 012040
Author(s):  
Ulfa Indah Laela Rahmah ◽  
Lili Adam Yuliandri
Keyword(s):  
Public Health ◽  
Research Method ◽  
World Economy ◽  
Demand And Supply ◽  
Global Impact ◽  
On Demand ◽  
The World ◽  
Culture And Health ◽  
Economic Developments ◽  
Scientific Name

Abstract The Coronavirus that is present in society in 2020 is attracting attention. The visible impact does not only affect public health but also affects the country’s economy. Even today the world economy is under heavy pressure due to this virus. The topic this time will discuss the global impact of the presence of the coronavirus or its scientific name is referred to as COVID-19. The research method used is descriptive qualitative by describing the phenomena and existing literature. The results of this study indicate that seeing economic developments and influences is not limited to the scope of the economy itself. However, the economy can also be affected by culture and health. This is evidenced by the spread of the Coronavirus which has harmed the world economy.

scholarly journals The effect of government expenditures on Indonesia economic growth

2015 ◽  
Vol 18 (1) ◽  
pp. 1
Author(s):  
Nurlina Nurlina
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Fiscal Policy ◽  
Government Spending ◽  
Government Expenditure ◽  
Secondary Data ◽  
Great Caution ◽  
Series Design ◽  
National Economic ◽  
The Relationship

The debate on the effect of government expenditure on economic growth has still happened in relation to classical groups and Keynesians view. The aim of this study confirms the relationship, with the application of the case in Indonesia. Gov-ernment expenditures are aggregated, while economic growth is measured by gross domestic product. With time series design, the secondary data used covers the period of 2004 to 2013. At first, the data were analyzed descriptive-graphics, while the hypothesis testing using t-test. The results obtained indicate that government spending has a positive and significant influence to economic growth. Thus, spend-ing and investment forms by government as a form of fiscal policy must be done with great caution in order to avoid misallocation or inequality in the distribution of inter-sector development, given the importance of its role as a pending national economic growth.

scholarly journals Dynamical Variety of Shapes in Financial Multifractality

Complexity ◽  
2018 ◽  
Vol 2018 ◽  
pp. 1-13 ◽  
Author(s):  
Stanisław Drożdż ◽  
Rafał Kowalski ◽  
Paweł Oświȩcimka ◽  
Rafał Rak ◽  
Robert Gȩbarowski
Keyword(s):  
Time Series ◽  
Stock Market ◽  
World Economy ◽  
Scientific Literature ◽  
Singularity Spectrum ◽  
Natural Processes ◽  
Significant Events ◽  
Formal Tool ◽  
The World

The concept of multifractality offers a powerful formal tool to filter out a multitude of the most relevant characteristics of complex time series. The related studies thus far presented in the scientific literature typically limit themselves to evaluation of whether a time series is multifractal, and width of the resulting singularity spectrum is considered a measure of the degree of complexity involved. However, the character of the complexity of time series generated by the natural processes usually appears much more intricate than such a bare statement can reflect. As an example, based on the long-term records of the S&P500 and NASDAQ—the two world-leading stock market indices—the present study shows that they indeed develop the multifractal features, but these features evolve through a variety of shapes, most often strongly asymmetric, whose changes typically are correlated with the historically most significant events experienced by the world economy. Relating at the same time the index multifractal singularity spectra to those of the component stocks that form this index reflects the varying degree of correlations involved among the stocks.

scholarly journals The Impact of the COVID-19 Pandemic on Social Economy and Sustainability

2021 ◽  
Author(s):  
Xueli Wei ◽  
Lijing Li ◽  
Fan Zhang
Keyword(s):  
World Economy ◽  
Social Economy ◽  
Secondary Data ◽  
Well Being ◽  
International Organisations ◽  
The Social ◽  
The World ◽  
Condition Of Women ◽  
The Impact ◽  
Economic Well Being

Abstract The Corona virus has been raging on across the world affecting hundreds of countries and billions of people. Naturally, it has had huge impacts on the world economy as a whole and the lives of people. This study aims to find out the effects that the COVID-19 has had on social economy and sustainability. The study takes up the primary aspects of social well-being like Poverty, Employment, The Condition of Women, Global Trade and Food Security and tries to find out the impact that the pandemic had on them. Analysing secondary data and reports from major international organisations like the United Nations and World Bank, this paper concludes that the effects of the pandemic have been huge. All the major aspects of the social economy have been affected by the pandemic and have resulted in huge losses in terms of economic well-being and social capital.

scholarly journals FORECASTING THE DEVELOPMENT OF THE INTERNATIONAL MARKET OF TOURIST SERVICES IN THE POST-LEKORONOVIRAL PERIOD

2021 ◽  
Author(s):  
Natalia Bielousova
Keyword(s):  
World Economy ◽  
International Market ◽  
Tourism Industry ◽  
Economic Feasibility ◽  
Practical Implementation ◽  
Economic Stability ◽  
Financial Reforms ◽  
Economic Relations ◽  
Tourism Sector ◽  
The World

The article provides a general assessment of the activities of the international market of tourism services in the pre-coronavirus period and predicts the recovery of the tourism industry as a component of the economy, after overcoming the pandemic. The article offers statistical and informative material on the role of tourism in the system of world services and the international economy, compares the number of people employed in tourism by years and analyzes the foreign experience of the functioning of the tourist services market, defining the main trends in the development of tourism in the future as a segment of the world economy. It is substantiated that tourism is one of those sectors of the world economy that has suffered more from the pandemic, taking into account UNWTO monitoring, IMF data, analytical studies of the European Bank for Reconstruction and Development and the results of the analysis of economic stability of European agencies Standard and Poor’s, Fitch and Moody’s. Scenarios of the world’s exit from the economic crisis, in which tourism plays one of the main roles, are proposed, and the consequences of the introduction of certain scenarios into their practical implementation are predicted. The chances of overcoming the crisis are assessed for Ukraine, which is lagging behind in the implementation of measures in support of the tourism sector, and poses a serious threat to the competitiveness of the industry in the international market during the forecast period of economic recovery. Attention is focused on the fact that financial reforms are being carried out in Ukraine, in which tourism accounts for a relatively small share in the country’s economy. Therefore, the recovery of the tourism segment of the country’s economy is possible under the V-shaped scenario, which will allow the tourism industry to be restored after the pandemic without significant losses. The ways of exit of Ukraine from the difficult economic situation in the tourism industry are determined and the development trends of the Ukrainian market of tourist services are predicted. Information about the strengths and weaknesses of the development of the world tourism market will help determine the most promising areas of activity in the tourism sector and predict the economic feasibility of introducing one direction or another into the public system of economic relations.

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