scholarly journals Republic of Serbia

2020 ◽  
Vol 20 (270) ◽  
Author(s):  
Keyword(s):  
Economic Activity ◽  
Direct Investment ◽  
Early Stage ◽  
Policy Response ◽  
Global Supply Chains ◽  
External Demand ◽  
Percent Increase ◽  
Containment Measures ◽  
The Government ◽  
Economic Developments

Recent economic developments. Notwithstanding a sizeable policy response, the COVID-19 pandemic is having a significant adverse impact on Serbia’s economic activity, with output in 2020 projected to contract by 3 percent, compared to a 4 percent increase expected prior to the COVID-19 shock. The shock is affecting the economy through lower external demand, weaker foreign direct investment and remittances, disruptions in regional and global supply chains, and domestic supply constraints. The government took strong actions to contain the pandemic at an early stage, but the number of infections accelerated again towards end-June. As a result, some containment measures have been re-introduced.

scholarly journals Kingdom of Eswatini

2020 ◽  
Vol 20 (229) ◽  
Author(s):  
Keyword(s):  
Health Care ◽  
Economic Activity ◽  
Balance Of Payments ◽  
Policy Response ◽  
Fiscal Consolidation ◽  
External Demand ◽  
High Prevalence ◽  
Economic Shock ◽  
The Government ◽  
Severe Recession

The COVID-19 pandemic is having a severe impact on Eswatini’s economy at a time when the country is already facing deep economic challenges, and the government has begun fiscal consolidation efforts. A national lockdown to contain the spread of the virus, disruptions in supply chains, and lower external demand for key exports are curtailing economic activity. While the authorities’ policy response has been timely and proactive, the economic shock and containment policies are triggering a severe recession with significant social costs, and have created urgent balance of payments needs. The pandemic is unfolding in a context of high prevalence of HIV/AIDS and a stretched health care system, which increase Eswatini’s vulnerability.

scholarly journals Mali

2020 ◽  
Vol 20 (153) ◽  
Author(s):  
Keyword(s):  
Social Support ◽  
Health System ◽  
Economic Activity ◽  
Balance Of Payments ◽  
Policy Response ◽  
Safety Nets ◽  
Social Challenges ◽  
Support Measures ◽  
Containment Measures ◽  
Social Safety Nets

The COVID-19 pandemic has added to Mali’s significant security and social challenges. The outbreak reached Mali relatively late, with first confirmed cases on March 24 and 293 cases (seventeen deaths) as of April 22, 2020. The authorities took early containment measures in March and announced a package of economic and social support measures in early April. Growth is expected to decelerate sharply in 2020 as a result of declines in travel, trade, FDI and remittances. Job losses, weak social safety nets amid high informality, food insecurity and a fragile health system will exacerbate social challenges. Lower economic activity and the policy response will exert significant pressures on the budget and the balance of payments, opening financing gaps of 2.9 and 3.1 percent of GDP, respectively.

scholarly journals To procrastinate or not to procrastinate: the optimal timing of containing the global COVID-19 pandemic spread

2020 ◽  
Author(s):  
Jun Li ◽  
Yimin Zhou ◽  
Lingjian Ye ◽  
Joy Y Zhang ◽  
Zhuo Chen
Keyword(s):  
Early Stage ◽  
Control Policy ◽  
Optimal Timing ◽  
Policy Response ◽  
Global Public Health ◽  
Positive Effects ◽  
Wait And See ◽  
The Government ◽  
And Control ◽  
Logistic Probability

Abstract As global public health is under threat by the 2019-nCoV, an urgent question to ask is what the optimal strategy of epidemic prevention and control (P&C) measures would be, especially in terms of the timing of enforcing aggressive policy response so as to maximise health efficacy and to contain pandemic spread. Here, we developed a logistic probability function configured SEIR model to analyse the COVID-19 outbreak and estimate its transmission pattern under different “anticipate- or delay-to-activate” policy response scenarios in containing the pandemic. We wound that the potential positive effects of stringent P&C measures would be cancelled out in case of significantly delayed action, whereas a partially procastinatory wait-and-see control policy may still be able to contribute to containing the degree of epidemic spread although its effectiveness may be significantly compromised compared to a scenario of early intervention coupled with stringent P&C measures. A laissez faire policy adopted by the government and health authority to tackling the uncertainly of COVID19-type pandemic development during the early stage of the outbreak turns out to be a very bad strategy from optimal control perspective, as significant damages would be produced in that case. Authors Jun Li and Yimin Zhou contributed equally to this work.

scholarly journals Foreign Direct Investments and Attracting Policies to be Undertaken by the Government. The Case of Kosovo

2021 ◽  
Vol 11 (1) ◽  
pp. 32
Author(s):  
Demir Limaj
Keyword(s):  
Foreign Direct Investment ◽  
Comparative Analysis ◽  
Economic Activity ◽  
Direct Investment ◽  
Government Policies ◽  
Foreign Direct Investments ◽  
Economic Activities ◽  
The World ◽  
Comparative Statistical Analysis ◽  
The Government

This paper focuses on foreign direct investments in Kosovo, based on a comparative statistical analysis of different sectors of economic activity and different countries of the world that have invested in Kosovo during the reporting period under study. We make use of the comparative analysis expressed in (%) by sorts of economic activity and aim to conclude which sector is more invested by foreign direct investment in Kosovo according to its economic activity. Whereas, through comparative analysis by different countries of the world that have invested in Kosovo, we aim to determine which are the countries that have mostly invested in foreign direct investment in Kosovo, and the level of performance of foreign direct investments during the reported period under study. The data were provided by the Central Bank of Kosovo for the period 2007-2019. In this paper we reflect the performance of foreign direct investments by years based on different sectors of economic activities and by different countries that have invested in Kosovo by applying the comparative analysis. It is of particular importance here to mention some of the options we suggest regarding to some of the government policies that should be undertaken in attracting and increasing foreign direct investments in Kosovo.   Received: 7 August 2020 / Accepted: 17 December 2020 / Published: 17 January 2021

scholarly journals To Procrastinate or Not to Procrastinate: A Retrospective Study of the Optimal Timing of Containing the Global Spread of the COVID-19 Pandemic

2021 ◽  
Vol 9 ◽  
Author(s):  
Jun Li ◽  
Lingjian Ye ◽  
Yimin Zhou ◽  
Joy Y. Zhang ◽  
Zhuo Chen
Keyword(s):  
Large Scale ◽  
Early Stage ◽  
Control Policy ◽  
Optimal Timing ◽  
Policy Response ◽  
Global Public Health ◽  
Positive Effects ◽  
Global Pandemic ◽  
The Government ◽  
And Control

As global public health is under threat by the 2019-nCoV and a potential new wave of large-scale epidemic outbreak and spread is looming, an imminent question to ask is what the optimal strategy of epidemic prevention and control (P&C) measures would be, especially in terms of the timing of enforcing aggressive policy response so as to maximize health efficacy and to contain pandemic spread. Based on the current global pandemic statistic data, here we developed a logistic probability function configured SEIR model to analyse the COVID-19 outbreak and estimate its transmission pattern under different “anticipate- or delay-to-activate” policy response scenarios in containing the pandemic. We found that the potential positive effects of stringent pandemic P&C measures would be almost canceled out in case of significantly delayed action, whereas a partially procrastinatory wait-and-see control policy may still be able to contribute to containing the degree of epidemic spread although its effectiveness may be significantly compromised compared to a scenario of early intervention coupled with stringent P&C measures. A laissez-faire policy adopted by the government and health authority to tackling the uncertainly of COVID19-type pandemic development during the early stage of the outbreak turns out to be a high risk strategy from optimal control perspective, as significant damages would be produced as a consequence.

scholarly journals Djibouti

2020 ◽  
Vol 20 (159) ◽  
Author(s):  
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Balance Of Payments ◽  
Government Revenue ◽  
Demand Shock ◽  
Demand And Supply ◽  
Global Recession ◽  
External Demand ◽  
Containment Measures

The COVID-19 pandemic has considerably weakened macroeconomic prospects for Djibouti. The country is facing a large negative external demand shock due to the global recession. Domestically, virus prevention and containment measures are affecting both demand and supply. Output is contracting, while lower exports of services and foreign direct investment have opened an urgent balance of payments need of the order of US$164 million (4.8 percent of GDP). The pandemic has also created urgent spending needs and is set to reduce government revenue.

Technology Acquisition in Korea’s Automobile Industry

2018 ◽  
Vol 17 (4) ◽  
pp. 408-428
Author(s):  
Ga Hyung Kim ◽  
Jai S. Mah
Keyword(s):  
Automobile Industry ◽  
Direct Investment ◽  
Joint Venture ◽  
Early Stage ◽  
General Motors ◽  
Technology Licensing ◽  
Technology Acquisition ◽  
Production Technologies ◽  
The Government ◽  
Gain Access

Abstract The automobile industry developed very rapidly in Korea from the mid-1970s onwards. In the early stage of its development, it used both foreign direct investment (FDI) inflows and technology licensing contracts to utilize advanced foreign technologies. The government mainly preferred technology licensing to FDI inflows to gain access to production technologies. A specific case of FDI is displayed in the joint venture between General Motors and Daewoo Motors. Although there were several improvements and assistances provided to the latter, its performance was relatively unsatisfactory. In contrast, Hyundai Motors relied on technology licensing, which turned out to be successful. Korea’s experience of technology acquisition in the automobile industry shows that for a developing country considering development of its own automobile industry, it would be beneficial to utilize technology licensing rather than FDI inflows.

scholarly journals Costa Rica

2020 ◽  
Vol 20 (145) ◽  
Author(s):  
Keyword(s):  
Foreign Direct Investment ◽  
Costa Rica ◽  
Open Economy ◽  
Economic Activity ◽  
Direct Investment ◽  
Balance Of Payments ◽  
Domestic Labor ◽  
Global Supply Chains ◽  
Trading Partners ◽  
Fiscal Space

Costa Rica has been hit hard by the Covid-19 pandemic, owing to its highly open economy that has large exposures to trade, tourism, foreign direct investment, and global supply chains. Tourism exports, which account for over 6 percent of GDP and 19 percent of exports, have collapsed with border closures, while other exports have also slowed owing to a slump in demand from trading partners. A severe local outbreak, which saw confirmed Covid-19 cases jump to 669 in just over six weeks, has led to large domestic labor restrictions, aimed at preventing a spreading of the virus, and is poised to cause additional widespread and prolonged disruptions to economic activity, balance of payments (BOP), and fiscal accounts, at a time when the fiscal space is very limited.

scholarly journals Rwanda

2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Keyword(s):  
Economic Impact ◽  
Adverse Impact ◽  
Policy Response ◽  
Percent Increase ◽  
Containment Measures ◽  
Response Output ◽  
The Imf

The COVID-19 pandemic is having an adverse impact on Rwanda’s economy, despite a sizeable policy response. Output in 2020 is projected to contract by 0.2 percent, compared to an 8 percent increase expected pre-pandemic. The government’s early actions helped contain the spread of the virus and mitigate its economic impact, supported by financing from Rwanda’s development partners, including from the IMF under the RCF. With the number of infections contained, the authorities are gradually easing up containment measures.

KAJIAN DAMPAK KEBIJAKAN PENUTUPAN LOKALISASI TELEJU OLEH PEMERINTAH KOTA PEKANBARU

2017 ◽  
Vol 15 (2) ◽  
pp. 78
Author(s):  
M. Zainuddin
Keyword(s):  
Social Order ◽  
Qualitative Method ◽  
Negative Impact ◽  
Early Stage ◽  
Policy Research ◽  
Research Approach ◽  
Policy Content ◽  
The Government ◽  
Closure Policy ◽  
The Impact

This research to analyze the impact of closure policy Teleju brothel by Pekanbaru govermentin 2010. Guidelines for works are Pekanbaru Local Regulations No. 12 of 2008 on Social Order-liness. Closure this brothel inflicts positive and negative impact for society.The research wasconducted to obtain early stage formula for the government to take action against the prostitu-tion activities. This research uses policy research approach with a qualitative method, becausein prostitution activities and prohibition by goverment is an assessment that needs to be done byanalyzing documents and unstructured interview.The results showed that after the closing of the Teleju brothel have an impact on the deploy-ment of a prostitution and affect the economy of the surrounding residents. Government seeksto tackle prostitution in Pekanbaru by moving the brothel, conduct regular raids and providetraining. The effort is considered to be less than the maximum because the handling is not basedon the root of the problem and not programmed properly. There are several causes of failure ofgovernment to overcome the prostitution problem in Pekanbaru, including: policy content isless focus on the prostitution problem, the government did not proceeds with data, lack of finan-cial support, contra productive programs between local government with the police and TNI,and the policy object is difficult to be given understanding.

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