scholarly journals The Influence of Economic Activity of Women in Malaysia and Guatemala on National Development

2021 ◽  
Author(s):  
Verena Habrich ◽  
Vito Bobek ◽  
Tatjana Horvat
Keyword(s):  
Emerging Markets ◽  
Economic Activity ◽  
National Development ◽  
Gender Inequalities ◽  
Job Market ◽  
Workforce Participation ◽  
Cultural Stereotypes ◽  
The Impact ◽  
Culture Education

Emerging markets are amongst some of the fastest-growing economies on the globe. However, it is necessary to enhance human capital to enable the long-term development of a nation. The theory states that the increase in workforce participation favorably impacts GDP per capita. Additionally, developing markets can grow even further if they increase women’s rates in the labor market. The authors’ desire is to determine the main obstacles for women in the job market and identify the impact of female participation on national development. The authors applied the following methods of work: description and compilation of different literature and deduction method to show which relevant factors are recommended to make higher women’s economic activity to impacts the economy in a broader sense. The results show that Emerging markets must overcome gender inequalities, properly enforce female-related regulations, and invest in human development. The results also point out the relevance of a country’s level of development, culture, education, female-related laws, and their influence on women’s decision or ability to work. The discussion demonstrates that the rate of women in the workforce is increasing, but it is still severely lower than the men’s rate. The main issues are cultural stereotypes, limited access to the job market, and difficulties with combining work and childcare. When it comes to infrastructure and educational possibilities, remote areas are still underdeveloped. Furthermore, gender bias is still deeply rooted in rural society. The elimination of these stereotypes and the improvement (and enforcement) of women-related policies will contribute to higher female workforce participation in the future.

Mcdonald’s versus Vikram Bakshi

2021 ◽  
Vol 11 (4) ◽  
pp. 1-27
Author(s):  
Nitin Pangarkar ◽  
Neetu Yadav
Keyword(s):  
Emerging Markets ◽  
Multinational Corporations ◽  
Service Industry ◽  
Executive Development ◽  
Content Type ◽  
Academic Level ◽  
Quick Service ◽  
Term Performance ◽  
The Impact

Learning outcomes The case illustrates the challenges of managing JVs in emerging markets. specifically, after going through the case, students should be able to: i.Analyze the contexts in which firms need to form JVs and evaluate this need in the context of emerging markets such as India; ii.Understand how multinational corporations can achieve success in emerging markets, specifically the role of strategic (broader than the product) adaptation in success; iii.Evaluate the impact of conflict between partners on the short-term and long-term performance of a JV; and iv.Create alternatives, evaluate each alternative’s pros and cons, and recommend appropriate decisions to address the situation after a JV unravels and the organization is faced with quality and other challenges. Case overview/synopsis McDonald’s, the global giant in the quick service industry, entered India in 1993 and formed two JVs in 1995 one with Vikram Bakshi (Connaught Plaza Restaurants Ltd or CPRL) to own and operate stores in the northern and eastern zones, and another with Amit Jatia (Hardcastle Restaurants Private Limited or HRPL) to own and operate stores in the western and southern zones. Over the next 12 years, both the JVs made steady progress by opening new stores while also achieving better store-level metrics. Though CPRL was ahead of HRPL in terms of the number of stores and total revenues earned in 2008, the year marked the beginning of a long-running dispute between the two partners in CPRL, Bakshi and McDonald’s. Over the next 11 years, Bakshi and McDonald’s tried to block each other, filed court cases against each other and also exchanged recriminations in media. The feud hurt the performance of CPRL, which fell behind HRPL in terms of growth and other metrics. On May 9, 2019, the feuding partners reached an out-of-court settlement under which McDonald’s would buy out Bakshi’s shares in CPRL, thus making CPRL a subsidiary. Robert Hunghanfoo, who had been appointed head of CPRL after Bakshi’s exit, announced a temporary shutdown of McDonald’s stores to take stock of the current situation. He had to make a number of critical decisions that would impact the company’s performance in the long-term. Complexity academic level MBA, Executive MBA and executive development programs. Supplementary materials Teaching Notes are available for educators only. Subject code CSS 11: Strategy.

scholarly journals Liquidity regulations and bank behavior: An emerging markets perspective

2021 ◽  
Vol 10 (4, special issue) ◽  
pp. 194-211
Author(s):  
Tafirei Mashamba
Keyword(s):  
Emerging Markets ◽  
Global Financial Crisis ◽  
Emerging Market ◽  
Generalized Method Of Moments ◽  
Emerging Market Economies ◽  
Basel Iii ◽  
Market Economies ◽  
Coverage Ratio ◽  
The Impact

The 2007 to 2009 global financial crisis significantly affected the funding structures of banks, especially internationally active ones (Gambacorta, Schiaffi, & Van Rixtel, 2017). This paper examines the impact of liquidity regulations, in particular, the liquidity coverage ratio (LCR), on funding structures of commercial banks operating in emerging markets over the period 2011 to 2016. Similar to Behn, Daminato, and Salleo (2019) who developed a dynamic partial equilibrium model to examine capital and liquidity adjustments, this paper develops three dynamic error component adjustment models and estimates them using the two-step system generalized method of moments (GMM) estimator to analyze funding adjustments adopted by banks in emerging markets in response to the LCR requirement. The results revealed that banks in emerging markets responded to binding liquidity regulations by increasing deposit, equity as well as long-term funding. In terms of the magnitude of response, deposit funding was found to be more responsive to the LCR rule while the elasticity of equity and long-term funding to the LCR specification was found to be weak. The weak response of equity and long-term funding to liquidity standards was attributed to low levels of capital market development in emerging markets (Bonner, van Lelyveld, & Zymek, 2015). By and large, the results suggest that Basel III liquidity regulations have been effective in persuading banks in emerging market economies to fund their business activities with stable funding instruments. Based on this evidence, the study supports the adoption of Basel III liquidity regulations in emerging markets. Moreover, policymakers in emerging market economies should monitor competition for retail deposits to safeguard the benefits of the LCR rule and pay more attention to developing capital markets.

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.

The Impact of Emigration on National Development in the Arab Region: The Case of the Yemen Arab Republic

1982 ◽  
Vol 16 (4) ◽  
pp. 757-780 ◽  
Author(s):  
Nader Fergany
Keyword(s):  
Negative Impact ◽  
National Development ◽  
Arab Countries ◽  
Labor Movements ◽  
Short Term ◽  
Arab Region ◽  
Wide Scale ◽  
The Impact ◽  
Yemen Arab Republic

Labor migration among Arab countries is the most important phenomenon in the political economy of that region at present and will remain so for some time. The focus of this article is the impact of emigration on national development in labor sending countries experiencing wide-scale emigration, the main contention being that, due to the characteristics of contemporary labor movements among Arab countries, there obtains a contradiction between short term benefits and long term adverse effects. The article briefly defines development, then presents empirical evidence from the Yemen Arab Republic of the negative impact of labor emigration.

scholarly journals MAIN DIRECTIONS OF IMPROVEMENT OF FOREIGN ECONOMIC ACTIVITY OF THE REPUBLIC OF KAZAKHSTAN

2021 ◽  
Vol 80 (1) ◽  
pp. 44-48
Author(s):  
K. Bleutaeva ◽  
◽  
D. Babash ◽  
D. Digay ◽  
M. Alekbaeva ◽  
...  
Keyword(s):  
Economic Activity ◽  
World Economy ◽  
National Development ◽  
Silk Road ◽  
Necessary Condition ◽  
Present Stage ◽  
The World ◽  
Economic Background ◽  
The Republic ◽  
The Impact

Inclusion in global economic processes has now become a necessary condition for ensuring national development for every country that strives for the efficiency and competitiveness of its economy. Isolation from global processes inevitably leads to lagging behind and pushing the country into the outsiders of the world economy. The article considers the economic background of historical and geographical description of the world; historical facts of the Great Silk Road; describes main problems of the formation and development of the Great Silk Road at the present stage; considers the directions of the Impact of the Great Silk Road on the economy of the participating countries; proposes main ways to eliminate the problems of the development of modern directions of the Great Silk Road.

scholarly journals Economic Sanctions and Academia: Overlooked Impact and Long-Term Consequences

2019 ◽  
Author(s):  
Louise Bezuidenhout ◽  
Ola Zeinalabdin Abdelrahim Karrar ◽  
Javier Lezaun ◽  
Andy Nobes
Keyword(s):  
Academic Research ◽  
National Development ◽  
Economic Sanctions ◽  
Jus Post Bellum ◽  
Moral Behaviour ◽  
Development Goals ◽  
Research And Education ◽  
Effective Use ◽  
The Impact

There is an often-overlooked nexus between economic sanctions, academia, and sustainable development. The paper unpacks the implication of economic sanctions for the maintenance of robust academic systems capable of addressing national development goals. We show how sanctions place “invisible barriers” limiting access to necessary resources and curtailing their effective use. Furthermore, the impact of sanctions persists long after they are formally lifted. To develop our argument, we draw on a national survey of Sudanese academics focused on the impact of 20 years of economic sanctions on their work. It identifies key areas of academic research and education that have been impacted by international sanctions. It also discusses how the 2017 lifting of these sanctions is unlikely to overcome the long-term implications of the sanctions on academia. The paper concludes by problematising the current interpretation of jus post bellum, or moral behaviour after conflict. It suggests that the responsibility to make reparations in the form of support for academic systems applies to countries who impose economic sanctions.

scholarly journals Assessing the impacts of global economic policy uncertainty and the long-term bond yields on oil prices

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Oguzhan Ozcelebi
Keyword(s):  
Economic Activity ◽  
Oil Prices ◽  
Policy Uncertainty ◽  
Government Bond ◽  
Bond Yields ◽  
Content Type ◽  
Economic Policy Uncertainty ◽  
The Usa ◽  
The Impact

Purpose Might the impact of the global economic policy uncertainty (GEPU) and the long-term bond yields on oil prices be asymmetric? This paper aims to consider the effects of the GEPU and the US long-term government bond yields on oil prices using quantile-based analysis and nonlinear vector autoregression (VAR) model. The author hypothesized whether the negative and positive changes in the GEPU and the long-term bond yields of the USA have different effects on oil prices. Design/methodology/approach To address this question, the author uses quantile cointegration model and the impulse response functions (IRFs) of the censored variable approach of Kilian and Vigfusson (2011). Findings The quantile cointegration test showed the existence of non-linear cointegration relationship, whereas Granger-causality analysis revealed that positive/negative variations in GEPU will have opposite effects on oil prices. This result was supported by the quantile regression model’s coefficients and nonlinear VAR model’s IRFs; more specifically, it was stressed that increasing/decreasing GEPU will deaccelerate/accelerate global economic activity and thus lead to a fall/rise in oil prices. On the other hand, the empirical models indicated that the impact of US 10-year government bond yields on oil prices is asymmetrical, while it was found that deterioration in the borrowing conditions in the USA may have an impact on oil prices by slowing down the global economic activity. Originality/value As a robustness check of the quantile-based analysis results, the slope-based Mork test is used.

scholarly journals The impact of e-commerce on the evolution of organizational forms of international economic activity

2020 ◽  
Vol 2020 (3) ◽  
pp. 83-106
Author(s):  
Volodymyr Sidenko ◽  
Keyword(s):  
International Economic ◽  
Economic Activity ◽  
Value Chains ◽  
Market Structures ◽  
Economy Of Scale ◽  
Logistics Systems ◽  
The Impact ◽  
Technological Paradigms

The article analyses the main directions of the impact of spreading e-commerce on the change in the organizational modes of international economic activity. The author identifies six major areas for such changes, which include: the formation of global and regional trading platforms as major trade intermediaries; formation of networks of constant direct contacts of suppliers and consumers; deployment and changes in the format of global or regional value chains; significant enhancement of the role of international logistics systems; modifying the economy of scale as a factor of economic efficiency; growing substitution of trade in goods for trade in services. The study proves that this impact is controversial and asymmetrical, and is associated with both the emergence of new commercial opportunities and obstacles in the form of new forms of "electronic" protectionism, as well as new risks and threats. It creates the possibility of forming different technological paradigms within the world economy, causing a long-term coexistence of the newest network forms of interaction with traditional market structures.

scholarly journals Somalia

2020 ◽  
Vol 20 (310) ◽  
Author(s):  
Keyword(s):  
Economic Activity ◽  
National Development ◽  
International Community ◽  
Development Plan ◽  
Decision Point ◽  
National Development Plan ◽  
Prompt Action ◽  
The Impact

Soon after reaching the HIPC Decision Point and embarking on a new IMFsupported program aimed at supporting the implementation of the authorities’ National Development Plan and lifting growth, Somalia was hit by a triple shock of flooding, desert locusts, and, importantly, the coronavirus pandemic. Prompt action by the authorities and support from the international community has helped mitigate the impact on peoples’ lives and livelihoods, however, these shocks have had a significant impact on economic activity, exports, and domestic fiscal revenues.

LNG - PAST, PRESENT AND FUTURE

1999 ◽  
Vol 39 (1) ◽  
pp. 671
Author(s):  
P.F. Dighton
Keyword(s):  
Natural Gas ◽  
Emerging Markets ◽  
Oil Prices ◽  
Intense Competition ◽  
Sales Contracts ◽  
Quantum Leap ◽  
Merchant Shipping ◽  
The Impact ◽  
Strong Relationships

The first 30 years of LNG export witnessed the development of large movements of natural gas between countries, underpinned by long-term sales contracts and strong relationships. Now the industry has matured, but is faced with the quantum leap of achieving commoditisation of LNG. This would require a break away from long-term contractual ties and the emergence of merchant shipping and merchant plant. This paper examines this trend and the impact upon future Australian exports in the context of emerging markets, low oil prices and intense competition.

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