scholarly journals Effects of Covid-19 Pandemic in Personal and Family Savings in Albania

2021 ◽  
Vol 12 (3) ◽  
pp. 32
Author(s):  
Elona Fejzaj ◽  
Ilir Kapaj ◽  
Ana Mane Kapaj
Keyword(s):  
Data Analysis ◽  
Earth Quake ◽  
World Economy ◽  
Personal Income ◽  
Primary Data ◽  
The World ◽  
Way Of Thinking ◽  
The Impact ◽  
The Way

The coronavirus outbreak, Covid-19, began in December 31, 2019 in Wuhan, China and quite quickly was spread in 212 countries and territories around the world. In Albania the first cases of Covid-19 were confirmed in March 2020. Covid -19 pandemic emergency has transformed into a worldwide financial emergency, putting in danger the wellbeing, occupations and salaries of millions of individuals around the planet. Coronavirus devastatingly affects the monetary security and prosperity of families. Since March 2020, the world economy has shed more than 13.3 million positions – 55% of them lost by ladies – setting off broad joblessness and sharp decreases in family incomes. Albania has been hit by two crushing stuns with hardly a pause in between: The November 2019 earth quake and the Covid-19 pandemic in spring 2020 that has frozen huge pieces of the economy. These stuns rule ongoing financial turns of events and the close term viewpoint for the economy. The main objective of this study is to investigate the impact that Covid-19, has had in personal income and also in the way that Albanian react in this situation related to family savings. To fulfil this objective, primary data are collected for the Tirana commune and its surroundings. In order to administer a considerable amount of data, a number of 1500 randomly selected individuals have been directly interviewed. From the data analysis we have concluded that most of the independent factors that we have chosen are significant in the three models. Also from the survey we have seen that the majority of the have changed their way of thinking related to personal and family savings. And as the main reason form this, they have listed the pandemic situation.

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>

Historical Antecedents of the Field

2018 ◽  
pp. 36-50
Author(s):  
Roland Robertson
Keyword(s):  
Intellectual Development ◽  
Global Studies ◽  
The World ◽  
Ancient Times ◽  
Way Of Thinking ◽  
Historical Reflection ◽  
Historical Antecedents ◽  
The Impact ◽  
The Universe ◽  
The Way

This chapter discusses some major historical antecedents of the field of global studies. It is argued that historical reflection requires a “way of thinking” that is sensitive to a holistic longue durée framework of social and intellectual development. The chapter provides a brief discussion of the place of planet Earth in the universe and connects this via the concept of relativization with the themes of globalization, glocalization, and globality. Attention is paid to the manner in which the world as a whole was discovered and mapped in various ways from ancient times onward. It stresses the inevitability of the impact of present concerns and events on the way in which the distant past is discussed. It concentrates on the period lasting from ancient societies and civilizations up to when the world was seen as a single place, mainly in the fifteenth and sixteenth centuries.

AN EMPIRICAL STUDY OF INDIAN INSURANCE INDUSTRY POST GLOBAL FINANCIAL CRISIS

2015 ◽  
Vol 6 (01-02) ◽  
Author(s):  
Anis Ur Rehman ◽  
Yasir Arafat Elahi ◽  
Sushma .
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Insurance Industry ◽  
Primary Data ◽  
Policy Recommendations ◽  
Insurance Sector ◽  
The World ◽  
The Impact ◽  
The New Deal

India has recently emerged as a major political and economic power in the world. The financial crisis that engulfed the world in 2008 needed developing countries like India to lead the rescue and recovery, instead of G7 westerns countries who dealt with such crisis in the past. Recently, discussions and negotiations are going amongst G20 countries regarding a new global financial architecture (G-20 Summit, 2008). The outcome will affect the relevant industries in India and hence it is a public interest issue for the actuarial profession in the country. Increased and more intrusive and costly regulations and red tapes are likely to be a part of the new deal (Economic Survey 2009-10). The objective of this paper is to study the perception of higher level authorities in Insurance sector regarding the role of regulator in minimizing the impact of global financial crisis. The primary data has been collected from 200 authorities in insurance industry. The data has been analyzed with statistical tools like MS-Excel. On the basis of the findings, various measures and policy recommendations for insurers have been suggested to minimize the impact of crisis.

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.

The world economy

1998 ◽  
Vol 165 ◽  
pp. 35-42
Author(s):  
Nigel Pain
Keyword(s):  
Capital Market ◽  
World Trade ◽  
Global Economy ◽  
World Economy ◽  
Domestic Demand ◽  
The World ◽  
Asian Economies ◽  
Trade Growth ◽  
The Impact ◽  
The Capital Market

Developments in the Asian economies have clearly begun to be felt in the wider global economy in recent months. It has always been expected that the OECD economies would be affected by the aftermath of the capital market turmoil last year, although the timing and magnitude of the impact was difficult to predict. Domestic demand in the affected Asian economies has proved much weaker than expected, with the effects magnified by a continued downturn in Japan. GDP fell by 5¾ per cent in Korea in the first quarter of this year and by 1¼ per cent in Japan. The aggregate volume of merchandise imports in Asia is expected to decline by around 5½ per cent this year, with falls of up to 25 per cent in countries such as Korea, Thailand and Indonesia. This largely accounts for our projected decline in world trade growth to under 6 per cent this year from an estimated 9¾ per cent in 1997.

THE INNOVATIVE TOURIST PRODUCT IN THE FUNCTION OF THE HOTEL INDUSTRY

2003 ◽  
Vol 9 (2) ◽  
pp. 79-95
Author(s):  
Slobodan Ivanović
Keyword(s):  
World Economy ◽  
Hotel Industry ◽  
Status Quo ◽  
Strategic Thinking ◽  
Tourism Product ◽  
The World ◽  
The Status ◽  
Way Of Thinking

Very often, there are more imitators than innovators in the hotel industry. There are very few hotel enterprises engaged in continually innovating their services. Creative imitators help to diffuse innovations and to meet the needs of certain segments o f the tourist market. They realise the improvement possibilities of the tourism product or service, which requires innovation. Changes to certain features o f the product or service can help to increase their value for both domestic and foreign tourists. Hence, it is maintained that creative imitation is sooner to take hold on the tourist market than on the tourism product or service. The globalisation process of the world economy, as well as the hotel industries, has imposed a certain way of thinking referred to in journalism as "change as a constant necessity" or putting it harshly "innovate or disappear from the business scene”. Anything that is different represents change. Innovation means accepting ideas for services which are new to hotel enterprise. Because innovations disturb the status quo of the hotel enterprise, they are met with resistance by some members of the organisation. Strategic thinking is what every hotel enterprise needs to prevent it being caught off guard by the affects of changes in its micro and macro environment. Namely, troubles begin for the hotel enterprise when it fails to adapt in an adequate and acceptable way to the changes occuring within the hotel industry. Adverse changes in the environment and the inability of the hotel enterprise to respond to these changes are the cause of incongruity between the hotel’s potential (accommodation and other facilities) and the demands of the hotel industry i.e. the tourist markets on which it is present.

Neuroscience20 (BRAIN20, SPINE20, and MENTAL20) Health Initiative: A Global Consortium Addressing the Human and Economic Burden of Brain, Spine, and Mental Disorders Through Neurotech Innovations and Policies

2021 ◽  
pp. 1-39
Author(s):  
Kevin Morris ◽  
Mohammad Nami ◽  
Joe F. Bolanos ◽  
Maria A. Lobo ◽  
Melody Sadri-Naini ◽  
...  
Keyword(s):  
Mental Disorders ◽  
Neurological Disorders ◽  
World Economy ◽  
Disease Burden ◽  
The United States ◽  
Fast Tracking ◽  
The World ◽  
Life Threatening ◽  
The Cost ◽  
The Impact

Neurological disorders significantly impact the world’s economy due to their often chronic and life-threatening nature afflicting individuals which, in turn, creates a global disease burden. The Group of Twenty (G20) member nations, which represent the largest economies globally, should come together to formulate a plan on how to overcome this burden. The Neuroscience-20 (N20) initiative of the Society for Brain Mapping and Therapeutics (SBMT) is at the vanguard of this global collaboration to comprehensively raise awareness about brain, spine, and mental disorders worldwide. This paper aims to provide a comprehensive review of the various brain initiatives worldwide and highlight the need for cooperation and recommend ways to bring down costs associated with the discovery and treatment of neurological disorders. Our systematic search revealed that the cost of neurological and psychiatric disorders to the world economy by 2030 is roughly $16T. The cost to the economy of the United States is $1.5T annually and growing given the impact of COVID-19. We also discovered there is a shortfall of effective collaboration between nations and a lack of resources in developing countries. Current statistical analyses on the cost of neurological disorders to the world economy strongly suggest that there is a great need for investment in neurotechnology and innovation or fast-tracking therapeutics and diagnostics to curb these costs. During the current COVID-19 pandemic, SBMT, through this paper, intends to showcase the importance of worldwide collaborations to reduce the population’s economic and health burden, specifically regarding neurological/brain, spine, and mental disorders.

scholarly journals Balung Buto dalam Persepsi Masyarakat Sangiran: Antara Mitos dan Fakta

KALPATARU ◽  
2015 ◽  
Vol 24 (1) ◽  
pp. 61
Author(s):  
Retno Handini
Keyword(s):  
World Heritage ◽  
World Heritage Site ◽  
Agricultural Fields ◽  
Young Generation ◽  
Heritage Site ◽  
The People ◽  
The World ◽  
Way Of Thinking ◽  
The Way

Abstrak. Tulisan ini merupakan kajian tentang “balung buto”, sebuah mitos atau kepercayaan masyarakat yang menghuni wilayah penemuan fosil-fosil purba di Jawa. Penelitian ini difokuskan di Situs Sangiran sebagai Situs Warisan Dunia untuk memahami pola pikir dan persepsi masyarakat penghuni situs dalam memandang keberadaan fosil yang banyak ditemukan di sekitar lahan tegalan atau pekarangan mereka. Metode yang digunakan adalah wawancara mendalam pada masyarakat yang  tinggal di Sangiran. Hasil penelitian menunjukkan walaupun saat ini sudah semakin ditinggalkan dan tidak lagi diturunkan pada generasi muda, namun mitos “balung buto” masih mempengaruhi pola pikir dan perilaku kalangan tertentu yang mempercayainya. Hal tersebut secara langsung ataupun tidak berdampak pada pencarian fosil dan pelestarian situs.Abstract. This article is a study on ‘balung buto’ (which means giant’s bone), a myth or belief shared by the communities that live in areas where prehistoric fossils are found in Java. The study is focused at the World Heritage Site of Sangiran to understand the way of thinking and perception of the inhabitants around the site in viewing the existence of fossils, which are found in abundance on their agricultural fields or house yards. The method used here is insightful interview with the people who live at Sangiran. The study reveals that although believed by less and less people and no longer inherited to the young generation, there are some people who still believe the myth. To them the myth of ‘balung buto’ still influences their pattern of thoughts and behaviour so that directly or indirectly it has impacts on fossil-collecting behaviour and site preservation. 

scholarly journals HORIZONS OF RESEARCH IN GEOGRAPHY OF THE WORLD ECONOMY

HERALD ◽  
2017 ◽  
Vol 8 (20) ◽  
Author(s):  
Vladimir Alexandrovich Kolosov ◽  
Elena Alexandrovna Grechko ◽  
Xenia Vladimirovna Mironenko ◽  
Elena Nikolayevna Samburova ◽  
Nikolay Alexandrovich Sluka ◽  
...  
Keyword(s):  
Developing Countries ◽  
Division Of Labor ◽  
Global Economy ◽  
World Economy ◽  
Spatial Organization ◽  
Modern World ◽  
High Tech ◽  
Research Activities ◽  
The World ◽  
The Impact

The advent of "world economic transition" and the formation of a multipolar world is closely linked, according to experts, with loss of globalization advances, which strengthens regionalism, increases diversification and fragmentation of the modern world, creating risks and threats to the world development. In this light studying the spatial organization of the global economy becomes more important, and at the same time that complicates the choice of priorities in the research activities of the Department of geography of the world economy, Faculty of Geography, Moscow State Lomonosov University in 2016-20, requiring a new research “ideology”. The article summarizes some ideas expressed by the department staff. It specifies that concept of territorial division of labor, as well as the defined set of key actors in the world economy and common assumptions regarding their contributions to its development needs a significant revision. The above firstly concerns giant developing countries, in particular rapidly growing China – a kind of locomotive entraining other developing states. Further, the impact of multinationals on the overall architecture and the territorial organization of the global economy becomes more and more tangible. This phenomenon requires the creation of a new scientific area of concern – the corporate geography as a tool to thoroughly investigate the transnational division of labor. Changes in the balance of acting forces are closely related to changes in industry composition and spatial organization of the global economy. The article raises the issues of development of such processes as tertiarization of the economy, reindustrialization and neoindustrialization, the latter being understood as an evolutionary transition to a knowledge-intensive, high-tech, mass labor-replacing and environmentally efficient industrial production. Basing on preliminary research from the standpoint of a relatively new methodological approach – formation of value chains – the vector of "geographical transition" " in their creation from developed to developing countries was designated. This means increasing complexity of the territorial structure of the world economy and an increase in the importance of semi-periphery. A spatial projection of globalization processes in the form of emerging “archipelago of cities”, which consolidates the international network of TNCs as the supporting node frame of the global economy requires close attention and analysis. The need of comprehending the study scope in the field of geography of the world economy in medium Atlas Information Systems (AIS), which in terms of functionality belong to the upper class of electronic atlases, is noted.

scholarly journals ECONOMIC CRISES IN THE TWENTY-FIRST CENTURY AND THE IMPACT ON STATE SECURITY

2020 ◽  
Vol 1 (17(67)) ◽  
pp. 6-14
Author(s):  
Grzegorz Zając
Keyword(s):  
World Economy ◽  
Negative Impact ◽  
First Century ◽  
Economic Crises ◽  
State Security ◽  
The Us ◽  
Lehman Brothers ◽  
The World ◽  
Greek Government ◽  
The Impact

The economic crises of the 21st century have severely damaged the world economy. The first big crisis began in 2008 with the bankruptcy of one of the largest banks in the US, the Lehman Brothers Bank. The next crisis mainly affected Europe and was associated with the disclosure by the Greek government in 2009 of the dire state of public finances and huge monetary embezzlement. This crisis had a negative impact on many European countries belonging to the euro zone, as well as on many other countries outside this area, indirectly reducing investment or limiting international trade. Another crisis is related to the coronavirus pandemic announced at the beginning of 2020. At that time, most countries in the world have made a "lockdown" of the economy for many weeks. Various sectors of the economy were restricted or completely shut down almost overnight, seriously affecting societies

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