scholarly journals THE IMPACT OF THE COVID-19 PANDEMIC ON THE ECONOMIC ACTIVITY OF THE REPUBLIC OF NORTHERN MACEDONIA

2020 ◽  
Vol 2 (7) ◽  
pp. 240-245
Author(s):  
Mahije Mustafi ◽  
Sulbije Memeti Karemani
Keyword(s):  
Economic Activity ◽  
Social Stability ◽  
Administrative Capacity ◽  
Eu Membership ◽  
Government Aid ◽  
Starting Point ◽  
The Republic ◽  
Almost All ◽  
The Impact

COVID-19 not only endangers human health but also hits hard on the economy. Isolation and paralysis of public life hits the economies of every country. Before analyzing the links between COVID-19 and the possible economic crisis, we can say that the crises in capitalism are inherent and the virus should be seen as a spark which accelerates the turbines that shake the system. However, while insufficient to predict the extent of the damage that COVID-19 could do to the economy, this starting point is sufficient to anticipate the chain effects. The immediate effect of all these restrictions is the decline in economic activity, which results in declining production and rising prices. We can say that there is a direct cause-and-effect correlation between the virus and the crisis. The economy of the Republic of Northern Macedonia has been hit hard by the Covid 19. pandemic. These six months have paralyzed almost all sectors of the economy in the country. Government aid packages were more social while those for business still remain unused. Companies in northern Macedonia have already been severely affected. The closure of many businesses is accompanied by the dismissal of many workers, which is also associated with a social crisis.Growth in the country for 2020 is projected to be between -1.4 and -3.2 percent - which provides a baseline and unfavorable scenario due to the high uncertainty brought about by the pandemic. In Northern Macedonia, improving governance and strengthening institutions are long-term policies that can address the main causes of continued emigration, in order to maintain a skilled workforce. This can be achieved by accelerating job creation, promoting the private sector, investing in higher education and increasing opportunities for women in the economy. The capital of the diaspora influences the maintenance of social stability and the reduction of poverty in Macedonia and in the future the state should take it more seriously the investments of the diaspora. Weak administrative capacity can cancel the implementation of reforms as well as large critical projects implemented with state guarantees. Political instability and insufficient reform progress could reduce investor confidence. Northern Macedonia's accession to NATO and the official invitation of the EU Council to open negotiations for EU membership should help accelerate the recovery.

scholarly journals The Demerger Impact upon Sustainable Development of Economic Entities: Evidence from Romania

2021 ◽  
Vol 13 (15) ◽  
pp. 8316
Author(s):  
Camelia Mirela Baba ◽  
Constantin Duguleană ◽  
Marius Sorin Dincă ◽  
Liliana Duguleană ◽  
Gheorghița Dincă
Keyword(s):  
Sustainable Development ◽  
Business Strategies ◽  
The Sustainable Development ◽  
Ex Post ◽  
Before And After ◽  
Almost All ◽  
The Impact ◽  
Profitability Ratios ◽  
Positive Effect

The Covid-19 induced economic crisis has significantly affected almost all businesses from nearly every sector, causing severe financial problems, lack of cash assets, and decrease of revenues. In this context, the economic entities were forced to look for adjustment and rescue solutions of their activities. One possible solution for the recovery and reorganization of economic entities’ activities is demerger. This paper evaluates the impact of demerger upon the sustainable development of economic entities in terms of economic efficiency and financial performances. To achieve this goal, a statistical analysis of profitability ratios before and after the demerger, as well as a structural analysis of 268 demerger projects for the April 2012–April 2021 period, were performed. The results attest there are no significant differences between the ex-ante and ex-post financial performances. However, demerger seems to have a positive effect upon analyzed companies helping them to overcome economic hardships, rethink their business strategies, and continue their activity in the medium and long-term time horizon.

scholarly journals ANALYSIS OF METEOROLOGICAL CONDITIONS SIGNIFICANT FOR SMALL AVIATION AND TRAINING FLIGHTS AT THE AIRFIELD “BALKHASH” FOR PLANNING AND FLIGHT SAFETY PURPOSES

2021 ◽  
Vol 2 (446) ◽  
pp. 62-67
Author(s):  
N. Dolzhenko ◽  
E. Mailyanova ◽  
I. Assilbekova ◽  
Z. Konakbay
Keyword(s):  
Meteorological Conditions ◽  
Flight Safety ◽  
The Past ◽  
The Republic ◽  
The Impact ◽  
And Training ◽  
Term Data ◽  
Small Aircraft

Cloudiness and range of visibility are the most significant flight conditions for aircraft. The impact of clouds and visibility on the safety of aircraft flights, especially small aircraft, cannot be overestimated. According to the Interstate Air Committee, Kazakhstan ranks second in the number of aviation disasters. The average age of a third of Kazakhstan's small aircraft is more than 30 years. Over the past few years, 14 air accidents have occurred in the Republic of Kazakhstan, 11 of them with small aircraft. In this work, we investigate long-term data on cloudiness and visibility at the most weather-favorable airfield in Balkhash, for the possibility of safe and economical flights of small aircraft and planning training flights.

scholarly journals THE CONTRIBUTION OF MIGRATION TO ECONOMIC GROWTH: THE EXAMPLE OF THE CITY OF ZAGREB

2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Vinko Miličević ◽  
Danijel Knežević ◽  
Zoran Bubaš
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Economic Activity ◽  
Economic Benefits ◽  
Gdp Per Capita ◽  
The European Union ◽  
Per Capita ◽  
The Republic ◽  
The Impact ◽  
The City

The problems in this paper belong to the field of migration and economy. The connection between migration and the economy has been proven on a global level, and as far as the Republic of Croatia is concerned, it is especially important to observe it through the City of Zagreb, which is the most important migration and economic center in the Republic of Croatia. Also, the accession of the Republic of Croatia to the European Union emphasized the observation and research of this connection because it created the preconditions for freer movement and employment of the population of the Republic of Croatia and the City of Zagreb within the European Union. The aim of this paper is to determine the contribution of migration to the economic growth of the City of Zagreb. The hypothesis presented in the paper is that there is a significant contribution of migration to the economic growth of the City of Zagreb. The disposition of the paper consists of six parts. The introduction explains the relevance of the topic, states the aim of the paper and hypotheses, explains the empirical part, the contribution of the paper and the disposition. The second part of the paper refers to the theoretical framework of the impact of migration on economic growth. The third part of the paper presents the migration processes of the City of Zagreb in the period from 2011 to 2018. The fourth part deals with economic activity in the City of Zagreb in the period from 2011 to 2017. The observed indicators of economic activity in the City of Zagreb are GDP and GDP per capita, and the graph in this part of the paper shows that GDP and GDP per capita in the observed period are higher at the end of the period than at the beginning. The fifth part of the paper refers to the empirical research of the contribution of migration to the economic growth of the City of Zagreb. The empirical part of the paper is based on correlations and regression analyses. This paper proves the hypothesis because the results indicate a significant impact of the variables of total and external migration on the GDP of the City of Zagreb and GDP per capita of the City of Zagreb. Decision-makers in the City of Zagreb can use the results of the research as a basis for maximizing the economic benefits they can get from migration. The conclusion provides an overview of the aim of the work, the results of the research, the limitations, the implications and the recommendations for future research.

scholarly journals Macroeconomic assessment of possible Green Recovery scenarios in Visegrad countries

2021 ◽  
Author(s):  
Bence Kiss-Dobronyi ◽  
Dora Fazekas ◽  
Hector Pollitt
Keyword(s):  
Economic Theory ◽  
Economic Activity ◽  
Three Dimensions ◽  
Economic Recovery ◽  
Keynesian Economic ◽  
Post Keynesian Economic ◽  
The Impact ◽  
Environmental Level ◽  
Visegrád Countries

AbstractThe article discusses how and why Green Recovery could be beneficial for the Visegrad countries based on a modelling exercise using the E3ME macroeconometric model. Green Recovery is defined as including policies in recovery plans that not only target economic recovery, but also contribute to environmental targets. The paper proposes that a Green Recovery could be valuable and suitable for the region contributing to both restoring employment and boosting economic activity as well as reaching climate goals. This is tested through a macroeconomic simulation, using the E3ME model. E3ME is built on Post-Keynesian economic theory and on econometric estimations of macroeconomic relationships. The results of the analysis focus on three dimensions: (1) social – employment, (2) environmental – level of CO2 emissions and (3) economic activity – gross domestic product (GDP). Outcomes indicate that a green recovery can shorten the time needed for employment and economic recovery as well as contributes to CO2 emission reductions. In Hungary, Czechia and Poland, the impact persists into the long-term; however, the paper also concludes that countries with high reliance on coal (e.g. Poland) could return to coal in the long term if no further policies are introduced.

scholarly journals Bellwether sites for evaluating changes in landslide frequency and magnitude in cryospheric mountainous terrain: a call for systematic, long-term observations to decipher the impact of climate change

Landslides ◽  
2020 ◽  
Vol 17 (11) ◽  
pp. 2483-2501 ◽  
Author(s):  
Jeffrey A. Coe
Keyword(s):  
Climate Change ◽  
Slope Stability ◽  
European Alps ◽  
Mountainous Terrain ◽  
Ongoing Research ◽  
Landslide Occurrence ◽  
Starting Point ◽  
Ice Field ◽  
The Impact

Abstract Permafrost and glaciers are being degraded by the warming effects of climate change. The impact that this degradation has on slope stability in mountainous terrain is the subject of ongoing research efforts. The relatively new availability of high-resolution (≤ 10 m) imagery with worldwide coverage and short (≤ 30 days) repeat acquisition times, as well as the emerging field of environmental seismology, presents opportunities for making remote, systematic observations of landslides in cryospheric mountainous terrain. I reviewed the literature and evaluated landslide activity in existing imagery to select five ~ 5000-km2 sites where long-term, systematic observations could take place. The five proposed sites are the northern and eastern flanks of the Northern Patagonia Ice Field, the Western European Alps, the eastern Karakoram Range in the Himalayan Mountains, the Southern Alps of New Zealand, and the Fairweather Range in Southeast Alaska. Systematic observations of landslide occurrence, triggers, size, and travel distance at these sites, especially if coupled with observations from in situ instrumental monitoring, could lead to a better understanding of changes in slope stability induced by climate change. The suggested sites are not meant to be absolute and unalterable. Rather, they are intended as a starting point and discussion starter for new work in this expanding landslide research frontier.

scholarly journals  Macedonian livestock, dairy and grain sectors and the EU accession impact

2013 ◽  
Vol 59 (No. 3) ◽  
pp. 125-133
Author(s):  
A. Kotevska ◽  
D. Dimitrievski ◽  
E. Erjavec
Keyword(s):  
Model Simulation ◽  
Positive Development ◽  
Complex Nature ◽  
Baseline Scenario ◽  
The European Union ◽  
Eu Accession ◽  
The Republic ◽  
Almost All ◽  
The Impact ◽  
The Eu

The Republic of Macedonia is in the process of integrating into the European Union (EU) and adjusting its policies through reforms in policy, regulations and institutions. This paper attempts to provide an answer to the question: what would be the impact on the Macedonian livestock, dairy and grain sectors of Macedonia integrating into the EU. In order to forecast the impact of the EU accession, the research uses the partial equilibrium model as a comprehensive tool for modelling the complex nature of the agricultural markets. The model simulation foresees the changes of the modelled sub-sectors in production, net-trade and income. The baseline scenario predicts a positive development for almost all selected commodities, with the exception of the beef sector, which is highly uncompetitive prior to the accession. Three EU accession scenarios foresee positive developments in the beef, lamb and cow’s milk markets, while a negative development is expected in the pig meat and grains markets.  

Precision medicine: Clinical outcomes including long-term survival according to the pathway targeted and treatment period–The IMPACT study.

2018 ◽  
Vol 36 (18_suppl) ◽  
pp. LBA2553-LBA2553 ◽  
Author(s):  
Apostolia Maria Tsimberidou ◽  
David S. Hong ◽  
Jennifer J. Wheler ◽  
Gerald Steven Falchook ◽  
Aung Naing ◽  
...  
Keyword(s):  
Liver Metastases ◽  
Single Agent ◽  
Pi3k Pathway ◽  
Molecular Testing ◽  
Term Survival ◽  
Starting Point ◽  
Long Term Follow Up ◽  
The Impact

LBA2553 Background: We evaluated the impact of pathway targeted and long-term follow-up of patients (pts) with refractory cancers referred to phase I trials. Methods: Pts referred to our program (2007-2013) had CLIA molecular testing. Pts treated with matched targeted therapy (MTT) vs. non-matched therapy (NMT) were analyzed. Results: Of 3,743 pts who had testing, 1,307 had ≥1 alteration and received therapy (MTT 711, NMT 596): med. age 57 yrs, range 16-86; 39% men; med. no. of prior therapies 4, range 0-16. The most common tumors were gastrointestinal 24.2%, gynecologic 19.4%, breast 13.5%, melanoma 11.9%, and lung 8.7%. Targeting MEK/RAF and RET pathways correlated with higher rates of CR/PR/SD≥6 months (mos), PFS and OS compared to others (all P < .001) (Table). Plateau was noted in OS (start, 38 mos): 74 of 711 (10.4%) in the MTT (max 10.7+ yrs) vs. 24 of 596 (4%) in the NMT (max 6 yrs) group were alive (p < .0001). In the MTT group, factors predicting longer PFS were non-PI3K pathway MTT (p < .001), no liver metastases (p < .001), PS < 2 (p = .006), normal LDH (p < .001) and albumin (p = .01) levels, and non-single agent therapy (p = .02). Factors predicting longer OS were non-PI3K pathway MTT (p < .001), no liver metastases (p < .001), PS < 2 (p < .001), normal LDH (p < .001) and albumin (p = .001) levels, and normal PLT counts (p = .03). Conclusions: Outcomes were superior in pts matched to RET and MEK/RAF inhibitors. Factors predicting longer PFS and OS were identified. In the MTT group, 10.4% of patients had OS ≥ 38 mos, the plateau starting point. Clinical trial information: NCT00851032. [Table: see text]

Generating Skilled Self-Employment in Developing Countries: Experimental Evidence from Uganda *

2013 ◽  
Vol 129 (2) ◽  
pp. 697-752 ◽  
Author(s):  
Christopher Blattman ◽  
Nathan Fiala ◽  
Sebastian Martinez
Keyword(s):  
Vocational Training ◽  
Skills Training ◽  
Control Group ◽  
Social Stability ◽  
Treatment Groups ◽  
Self Employment ◽  
Start Up ◽  
Starting Point ◽  
Grant Proposals ◽  
The Impact

Abstract We study a government program in Uganda designed to help the poor and unemployed become self-employed artisans, increase incomes, and thus promote social stability. Young adults in Uganda’s conflict-affected north were invited to form groups and submit grant proposals for vocational training and business start-up. Funding was randomly assigned among screened and eligible groups. Treatment groups received unsupervised grants of $382 per member. Grant recipients invest some in skills training but most in tools and materials. After four years, half practice a skilled trade. Relative to the control group, the program increases business assets by 57%, work hours by 17%, and earnings by 38%. Many also formalize their enterprises and hire labor. We see no effect, however, on social cohesion, antisocial behavior, or protest. Effects are similar by gender but are qualitatively different for women because they begin poorer (meaning the impact is larger relative to their starting point) and because women’s work and earnings stagnate without the program but take off with it. The patterns we observe are consistent with credit constraints.

scholarly journals An analysis of factors influencing the development of Social enterprises in the Republic of Serbia

2020 ◽  
Vol 17 (2) ◽  
pp. 1-18
Author(s):  
Maja Ivanović-Đukić ◽  
Marija Petrović-Ranđelović ◽  
Miljana Talić
Keyword(s):  
Social Enterprises ◽  
Financial Resources ◽  
Exploratory Research ◽  
Legal Regulations ◽  
Factors Influencing ◽  
The Republic ◽  
Using Data ◽  
The Impact ◽  
Macroeconomic Environment

The paper investigates the impact of different factors on the establishment and development of social enterprises (SPs). The aim of this paper is to identify the key stimulants and restrictions of development of SPs in the Republic of Serbia, and to propose measures, the application of which can increase their long-term sustainability. The paper is based on exploratory research using data covering 27 interviews with founders of social enterprises in the Republic of Serbia. By applying the methods of regression analysis, it was found that favorable financial resources (especially grants) are the key stimulants for the establishment of social enterprises, while the enthusiasm of managers of social enterprises has the greatest impact on their development. It was found also that legal regulations and the macroeconomic environment, as well as difficulties in accessing the market, are serious restrictions on the establishment of social enterprises, while lack of knowledge in the field of marketing and management limit the development of social enterprises in the Republic of Serbia.

scholarly journals Examination of the Prospects for Formation and Development of the Finno-Ugric Tourist Cluster in the Republic of Mordovia

REGIONOLOGY ◽  
2018 ◽  
Vol 26 (3) ◽  
pp. 438-459 ◽  
Author(s):  
Svetlana E. Maykova ◽  
Denis V. Okunev
Keyword(s):  
Local Population ◽  
Geographical Location ◽  
Tourism Industry ◽  
Internal Factors ◽  
The Republic ◽  
Cultural Component ◽  
Hospitality And Tourism Industry ◽  
Integral Assessment ◽  
The Impact

Introduction. The article is of relevance due to the need to develop the tourism industry as one of the most attractive investment components of regional develop- ment from a strategic perspective. The purpose of the article is to substantiate the prospects for development of the Finno-Ugric tourist cluster in the territory of the Republic of Mordovia it being an integrating element of the comprehensive use of available resources involved in the process of providing tourist and recreational services and contributing to the competitiveness of the region. Materials and Methods. The study employed the factor analysis as well as the methods of SNW analysis and integral assessment of the degree of influence of the factors on the tourism industry. Using the methods of mapping, a map of the long- term development of tourist clusters of the Republic of Mordovia was constructed. Results. The influence of external and internal factors in the development of the tourism industry in the region was assessed on the basis of the analysis of the trends and dynamics of the development of the tourist services market in the Republic of Mordovia as well as of the degree and nature of the impact of external and internal factors on the formation of the tourism industry. The investment risk and potential of the tourism industry were ranked and a map of the long-term development of tourist clusters of the region was drawn conditioned by available natural resources, geographical location, cultural potential and traditions of the local population. It was proved that the ethno-cultural component was the key element of development of the tourism industry in the region. Discussion and Conclusions. The cluster approach in the development of the tour- ism industry is the most promising one as it promotes the effective integration of all elements of the tourist services sector as well as the functioning of the tourist infrastructure, the growth of the investment attractiveness of this area of activity and the competitiveness of the region as a whole. The article is intended for managers and specialists of organizations and enterprises of the hospitality and tourism industry.

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