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Author(s):  
Ilker Aslan

Modern Monetary Theory emerges as a plausible alternative to solve Turkey’s staggering unemployment problem. This proposed solution here is the introduction of job guarantee program, which produces a non-discretionary automatic stabilizer that fosters both price stability and full employment. As a monetary sovereign, Turkey has the capacity to use deficit spending to bring growth and provide full employment to the millions who are in involuntary unemployment. The goal here is to tame the business cycles without throwing millions into unemployment, which has social and economic ramifications. In the absence of job creation by the private sector, this can be achieved through the use of government, providing job guarantees and the state acting as an employer of last resort by creating public projects, which will be cyclically adjusted in order to achieve full employment. 


2021 ◽  
pp. 60-62
Author(s):  
Sahana. S ◽  
Sukanya. R

The 2020 pandemic has shattered all most all the activities around the world, resulting to a great depression in the economy. Pandemic has poisoned all economic activities. The pandemic has affected public health in the country. If we make a keen look, every 10 years, there is some crash or scam happening in the country. However, after every crash if we make an analysis, there is a new revolution in the economy. The Harshad Mehta's scam which is one of the major scams in Indian share market history brought remarkable changes in banking sector, the Covid-19 crises has made India to depend immensely on technology which would otherwise not be possible in a country like India. With the spread of Covid virus across the country, the Government, after seeing the medical expert's opinion, announced nationwide lockdown to prevent the spread of the virus across the country. Life of millions of people was shattered as they could not earn their livelihood. Many youth lost their jobs, there was unemployment problem gearing up across the country. Due to the lockdown, the financial markets also reacted to the pandemic and there was lot of volatility in the share market. The present paper aims to examine the impact of Covid-19 on stock market volatility in India. The paper also considers some of the crashes that have happened in the past and to make a comparative study of various crashes with that of the Covid19 crash.


Author(s):  
Hock Eam Lim ◽  
Jan-Jan Soon ◽  
Hongbo Duan

Entrepreneurship has been long regarded as able to lessen the problem of graduate unemployment. This ability of entrepreneurship has been frequently quoted by numerous studies as a motivation of study to engage into the studies of graduate entrepreneurial career choice. Nevertheless, the relationship between the entrepreneurial career choice and graduate unemployment is yet to be explored. This paper aims to estimate the impact of entrepreneurial career choice on the Malaysian graduate unemployment. The targeted population of the present paper was the Universiti Utara Malaysia (UUM) and Universiti Malaysia Kelantan (UMK) graduates. A sample of 1,723 graduates was collected using self-administered questionnaires. The descriptive statistics, cross-tabulation tables and econometrics analysis are employed. Graduate entrepreneurial career choice is found to be unrelated to the chance of being unemployed and unable to reduce the probability of being unemployed among the low employability graduates. Thus, graduate entrepreneurial career choice does not lessen the graduate unemployment problem. However, there is some evidence that entrepreneurial career choice could reduce the unemployment duration and hinder the occurrence of long-term unemployed among the low employability graduates. The Malaysian government policy to combat the graduate unemployment problem could not rely mainly on the entrepreneurial career choice. The graduate entrepreneurial career choice, however, could be relied on reducing the occurrence of long-term unemployment. Future studies are suggested to use the sample of all graduates to validate the findings.


PLoS ONE ◽  
2021 ◽  
Vol 16 (4) ◽  
pp. e0248743
Author(s):  
Md Mazharul Islam ◽  
Majed Alharthi ◽  
Md Wahid Murad

Objective While macroeconomic and environmental events affect the overall economic performance of nations, there has not been much research on the effects of important macroeconomic and environmental variables and how these can influence progress. Saudi Arabia’s economy relies heavily on its vast reserves of petroleum, natural gas, iron ore, gold, and copper, but its economic growth trajectory has been uneven since the 1990s. This study examines the effects of carbon emissions, rainfall, temperature, inflation, population, and unemployment on economic growth in Saudi Arabia. Methods Annual time series dataset covering the period 1990–2019 has been extracted from the World Bank and General Authority of Meteorology and Environmental Protection, Saudi Arabia. The Autoregressive Distributed Lag (ARDL) approach to cointegration has served to investigate the long-run relationships among the variables. Several time-series diagnostic tests have been conducted on the long-term ARDL model to check its robustness. Results Saudi Arabia can still achieve higher economic growth without effectively addressing its unemployment problem as both the variables are found to be highly significantly but positively cointegrated in the long-run ARDL model. While the variable of carbon emissions demonstrated a negative effect on the nation’s economic growth, the variables of rainfall and temperate were to some extent cointegrated into the nation’s economic growth in negative and positive ways, respectively. Like most other nations the short-run effects of inflation and population on economic growth do vary, but their long-term effects on the same are found to be positive. Conclusions Saudi Arabia can achieve both higher economic growth and lower carbon emissions simultaneously even without effectively addressing the unemployment problem. The nation should utilize modern scientific technologies to annual rainfall losses and to reduce annual temperature in some parts of the country in order to achieve higher economic growth.


2021 ◽  
Vol 9 (03) ◽  
pp. 282-286
Author(s):  
Sanjeeb Kumar Dey ◽  
◽  
Debabrata Sharma ◽  

SMEsare the backbone of any country asthey grow at the grass root level which increase the earnings of the country and reduce unemployment problem too.It is one of the dynamic and most vibrant sectors of Indian economy. Over the last few decades, SMEs have played a crucial role in mobilising the local resources effectively. However, among the many difficulties, access to finance is widely recognized as one of the main hurdles in the growth and development path of the SMEs. After 2012, SMEs are allowed to float their shares through stock exchanges i.e., NSE EMERGE and BSE SME. The present paperattempts to study the impact of stock market accessibility by SMEs on various parameters of financial performance.In this paper, we tried to study whether getting listed on the stock exchange have improved the performance of selected SMEs or not. For this purpose, we considered the SME units who have issued IPOs during the year 2015 and the economic performance of the selected enterprises are measured with the help of ROA, ROE, NPM, CR, DE and EPS. We found that getting listed on the stock exchange did not improve the performance of selected SMEs.


2021 ◽  
Vol 7 (2) ◽  
pp. 143-154
Author(s):  
Mohamed El Khouli

This study aims to investigate the relationship between some educational variables and unemployment in Egypt, thus determining the most important educational variables influencing the high rates of unemployment during the period (2002–2012). According to the data that were available from each source for the synthesis of time series, it could be sufficient to examine the trends in the past as a suitable retrieval case. By excluding any fluctuations such as epidemics or revolutions affecting the systems of government, the findings may be utilized in shaping the future by decision makers in Egypt in optimal manner. Thus, it can determine the priorities of the Egyptian government when dealing seriously in order to solve the unemployment problem appropriately, with regard to the reduction of unemployment rates in the near future. More importantly, the results have shown that the number of graduates of theoretical facilities has a significant impact on increasing the number of unemployed in Egypt, according to the target period by the current study. Keywords: education, unemployment, Higher Education Systems (HES), Egypt


2021 ◽  
Vol 58 (2) ◽  
pp. 6509-6518
Author(s):  
Adithi Pradeep, Dayana Das

The small and medium-sized enterprises sector is an important segment of the Indian economy. Results of Third All India SSI unit censuses show a declining growth trend at the All India level and a growing trend in the Kerala sector. With the exception of the Fourth Census, employment growth in the Kerala SME sector has shown an increasing trend. Growth in the SSI Sector can do a lot to solve Kerala's acute unemployment problem. Sickness among the Kerala SME units is a major problem.


2021 ◽  
Vol 15 ◽  
pp. 549-588
Author(s):  
Phyoe Marnn ◽  
Hsu Htoo ◽  
Phyo Moh Moh Zin ◽  
Thu Zar Win ◽  
Nizeyimana Jean Claude ◽  
...  

In Myanmar, two expatriates have started infected by COVID-19 pandemic on 23 March in 2020 and COVID-19 period was divided into the two periods by the data of patients, from starting July 29, no more infected people found till August 19. Myanmar citizen think that there will be no more new COVID-19 cases, they started running their daily work, not following precaution methods. Unfortunately, the number of patients increased more and more, starting from 20th August. The period between 23rd March and 19th August was regarded as COVID-19 first wave and the period starting from 10th August was COVID-19 second wave by Government. In Myanmar, numbers of developed city are fewer than rural townships. Infrastructures of townships are same and most people, living in rural townships are not rich and they didn’t have saving money in Banks and they are depending on their monthly salaries. During pandemic period, general workers faced with unemployment problem and difficulty in daily expenses. Some volunteers helped daily expenses to poor people in COVID-19 first wave. In second COVID-19 wave, volunteers cannot help many families. This paper focused on COVID-19 pandemic impact on Public psychological consequences, Economy, Educational dimension and the prospects after pandemic.


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