scholarly journals Malaysia

2021 ◽  
Vol 21 (53) ◽  
Author(s):  

Malaysia entered the pandemic from a robust economic position but has nonetheless been significantly affected. A synchronous fiscal, monetary and financial policy response has helped cushion the economic impact. As a result, after a deep recession in 2020, and assuming the pandemic is brought under control in Malaysia and globally, growth would rebound to 6.5 percent in 2021 as supply side constraints are lifted and domestic and external demand recover. Large downside risks will remain.

Subject COVID-19 UK economic impact. Significance The UK economy is already contracting sharply as a result of the restrictions imposed by the government to contain the spread of COVID-19. In response, the UK government has announced a major programme of fiscal measures to reduce job losses and business closures. This is not designed to prevent this immediate fall but intended to reduce permanent damage to the economy. Impacts If the COVID-19 crisis persists beyond a few months, the policy response could become more complex and politically divisive. The economic and social recovery from COVID-19 will be crucial for the prime minister's survival prospects. COVID-19 has significantly increased the chances of an extension to the Brexit transition period beyond December 2020.


2020 ◽  
Vol 20 (229) ◽  
Author(s):  

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.


2009 ◽  
Vol 48 (3) ◽  
pp. 227-240 ◽  
Author(s):  
Mr. Musleh ud Din ◽  
Ejaz Ghani ◽  
Tariq Mahmood

This paper explores the determinants of export performance at the level of firms in respect of their characteristics and supply side constraints. The analysis is based on a survey of export-oriented firms in four major sectors. The results indicate a relationship between the better performance of foreign-owned firms to their better know-how and resources compared to the domestically owned firms. Export performance is positively affected by the level of investment in market/client oriented technologies. Lack of certification of product and process standards is the main supply side constraint adversely affecting the firms’ export performance. Facilitation measures like export processing zones, internationally recognised testing labs, and industrial clusters would be helpful in improving the export performance of firms. JEL classification: F1, L1, L6 Keywords: Trade, Exports, Firms, Performance, Manufacturing


2020 ◽  
Vol 20 (132) ◽  
Author(s):  

Côte d’Ivoire will be significantly impacted by COVID-19 pandemic: the number of cases in the country has increased rapidly since the first confirmed case was reported on March 11 and the global crisis is expected to severely affect supply chains and external demand. The authorities’ policy response to the pandemic has been swift, putting in place measures to help contain and mitigate the spread of the disease and designing a health response plan. They have complemented these steps with an economic package to provide targeted support to vulnerable populations and firms affected by the pandemic. The pandemic will also temporarily dampen domestic revenue mobilization and complicate access to international market financing.


Subject Economic recovery. Significance The policy response to the COVID-19 pandemic has underscored the risks associated with depending on multinational supply chains for production. Given how vastly spread supply chains are in Europe, more severe lockdowns in France, Spain and Italy will slow the recovery in Germany, which has been hit less severely by the crisis. Even once supply chain activity has returned to normality, it can take several more months to restore levels of output. Impacts The health and economic impact of COVID-19 will force many European countries to reconsider their relations with China. The creation of more national supply chains would be a significant blow to industrial development in developing countries. Employees will be reluctant to return to work in areas with high levels of COVID-19 infections, potentially further disrupting production.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Peterson Ozili

PurposeThis paper examines the socio-economic impact of COVID-19 and the policy response in African countries.Design/methodology/approachThis study uses discourse analysis to analyse the socio-economic impact of COVID-19 in Africa.FindingsThe findings reveal that African countries have been affected by the coronavirus pandemic, and the effect was more severe for African regions compared to other regions. The rising pandemic affected social interaction and economic activities through the imposed social distancing policies that have different levels of strictness in several African countriesPractical implicationsThe implication of the findings is that social policies can affect the social and economic well-being of citizens. Secondly, the coronavirus outbreak has revealed how a biological crisis can be transformed to a sociological subject. The most important sociological consequence of the coronavirus outbreak for African citizens is the creation of social anxiety among families and households in the region. The outbreak has also shown how vulnerable African societies are in facing health hazards. Policymakers should enforce social policies that unite communities in bad times, to reduce social anxiety.Originality/valueThis is the first paper that explore the socio-economic impact of coronavirus and the policy response in African countries.


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