GET THE APP

..

Journal of Global Economics

ISSN: 2375-4389

Open Access

Current Issue

Volume 9, Issue 4 (2021)

    Editorial Pages: 1 - 1

    Financial Impact of the COVID-19 Pandemic

    Michael J Edel

    The COVID-19 pandemic has had extensive financial outcomes past the spread of the actual illness and endeavors to isolate it. As the SARS-CoV-2 infection has spread all throughout the planet, concerns have moved from supply-side assembling issues to diminished business in the administrations sector. The pandemic caused the biggest worldwide downturn ever, with in excess of 33% of the worldwide populace at the time being set on lockdown.

    Commentary Pages: 1 - 2

    Government Assistance Financial and its Approaches

    Hong Wei Ouyang

    A government assistance financial aspect is a part of financial aspects that utilizes microeconomic strategies to assess prosperity (government assistance) at the total (economy-wide) level. Endeavoring to apply the standards of government assistance financial aspects brings about the field of public financial aspects, the investigation of how government may mediate to improve social government assistance. Government assistance financial matters likewise gives the hypothetical establishments to specific instruments of public financial aspects, including money saving advantage investigation, while the mix of government assistance financial matters and bits of knowledge from social financial matters has prompted the making of another subfield, conduct government assistance economics.

    Perspective Pages: 1 - 2

    Farming Financial Matters and Improvement

    Jhon De Vos

    Farming financial matters is an applied field of financial matters worried about the use of monetary hypothesis in advancing the creation and dissemination of food and fiber. Agrarian financial matters started as a part of financial matters that explicitly managed land use; it zeroed in on amplifying the harvest yield while keeping a decent soil biological system. All through the twentieth century the control extended and the current extent of the order is a lot more extensive. An agrarian financial matter today incorporates an assortment of applied regions, having significant cover with traditional financial aspects. Farming financial analysts have made considerable commitments to explore in financial aspects, econometrics, advancement financial aspects, and natural financial matters. Agrarian financial aspects impacts food strategy, farming arrangement, and natural approach.  

    Short Communication Pages: 1 - 3

    Wellbeing Financial Aspects and its Innovation Evaluation

    Jhon Andrive

    Wellbeing financial aspects is a part of financial matters worried about issues identified with proficiency, viability, worth and conduct in the creation and utilization of wellbeing and medical care. A wellbeing financial aspect is significant in deciding how to improve wellbeing results and way of life designs through communications between people, medical services suppliers and clinical settings.

    Wellbeing business analysts assess various kinds of monetary data: expenses, charges and consumptions. Vulnerability is natural for wellbeing, both in persistent results and monetary concerns. The information hole that exists between a doctor and a patient causes a circumstance of particular benefit for the doctor, which is called deviated data.

    Research Article Pages: 1 - 10

    An Analysis of Patterns of World Economy: Consumption and Economic Growth

    Hae S Kim

    The purpose of this paper is to assess the effect of consumption (consumer spending) on economic growth, based on 222 countries/ territories in the world, while the effect of other variables that are also assumed to affect economic growth is statistically controlled. The four factors (patterns) of economic growth identified are as follows:

    • Factor 1: Consumption-driven economy

    • Factor 2: Savings-based

    • Factor 3: Oil-resource based

    • Factor 4: Government-spending

    Empirical evidence shows the predominance of the consumption-driven economy in affecting economic growth across the world, whether developing or developed. Eight variables were found to be significantly loaded in the pattern of the consumption driven economy: consumption, globalization, economic freedom, knowledge economy, global competitiveness, corruption, foreign direct investment, and economic growth. This means the consumption driven economy affects economic growth in multiple ways.

    Volume 9, Issue 9 (2021)

      Review Article Pages: 1 - 4

      An Analysis of Patterns of World Economy: Consumption and Economic Growth

      Hae Kim*

      The purpose of this paper is to assess the effect of consumption (consumer spending) on economic growth, based on 222 countries/ territories in the world, while the effect of other variables that are also assumed to affect economic growth is statistically controlled. The four factors (patterns) of economic growth identified are as follows:

      • Factor 1: Consumption-driven economy

      • Factor 2: Savings-based

      • Factor 3: Oil-resource based

      • Factor 4: Government-spending

      Empirical evidence shows the predominance of the consumption-driven economy in affecting economic growth across the world, whether developing or developed. Eight variables were found to be significantly loaded in the pattern of the consumption driven economy: consumption, globalization, economic freedom, knowledge economy, global competitiveness, corruption, foreign direct investment, and economic growth. This means the consumption driven economy affects economic growth in multiple ways.

      Editorial Pages: 1 - 2

      Overview of Business Strategy

      Joseph T Mahney*

      Share this article
      Research Article Pages: 1 - 12

      The Effect of Personal Characteristics in the Field of Finance on the Entrepreneurial Intention of Students of the Faculty of Entrepreneurship, University of Tehran

      Mehdi Khazaei* and Golbarg Sadeghi

      The main purpose of this study is to use the theory of planned behavior to investigate the impact of personal characteristics in the field of finance, including financial optimism, understanding of financial access, financial self-esteem and excessive financial confidence about students' entrepreneurial intention of University of Tehran. In order to conduct this research, 294 graduate students of the Faculty of Entrepreneurship, University of Tehran were selected as the statistical population by stratified sampling. A questionnaire was used to collect data and PLS software was used to analyze the collected data. The results showed that a set of personal characteristics in the field of finance, including financial optimism, understanding of financial access, financial self-esteem and excessive self-confidence in the field of finance, affect the entrepreneurial intention of students in the Faculty of Entrepreneurship, University of Tehran. It is positive and meaningful. On the other hand, the role of gender adjustment was not confirmed and showed no effect on the relationship between any of the studied variables and students' entrepreneurial intent; In addition, the findings of this study indicate that the entrepreneurial experience has a positive and significant effect on students' entrepreneurial intentions.

      Research Pages: 1 - 3

      Prioritizing Decomposition Methods for Measuring Small Amounts of Bismuth Using TOPSIS Scoring Technique Considering Economic, Environmental and Operational Indicators

      Benyamin Chahkandi, Mohammad Gheibi* and Amir Takhtravan

      Due to the wide application of bismuth in various industries and the environmental effects of its release in water and soil resources, the necessity of measuring its small amounts becomes apparent. Various decomposition methods such as electrochemical systems, molecular spectrophotometry, atomic absorption spectroscopy and ICP can be used to measure bismuth. In this study, 18 analytical measurement methods were evaluated in terms of economic, environmental, feasibility, measurement speed and accuracy. In this study, the Technique for Older-Preference by Similarity to Ideal Solution (TOPSIS) decision-making method was employed to analyze and prioritize different options. The results showed the implementation of molecular spectrophotometric systems such as color change, methylene blue-bismuth and ionic complex of iodide-bismuth absorption and atomic absorption spectroscopic methods in terms of economic, environmental and operational indicators score higher than other methods and are the basis of industrial selection and environmental assessments.

      Volume 9, Issue 8 (2021)

        Volume 9, Issue 2 (2021)

          Research Article Pages: 1 - 4

          Factors Affecting the Entrepreneurial Dynamics

          Jihen Hamdani

          This paper aimed to identify the factors that affect entrepreneurial Dynamics. This study used a survey data of 60 individuals from different companies from various sector in Tunisia. The theoretical model was tested and confirmed via Structural Equation Modelling (SEM). The Results indicate that Innovative environment, Knowledge, Professional competence, and Personality trait have significant positive affect on entrepreneurial Dynamics. Marketing implications of the study are discussed.

          Review Article Pages: 1 - 5

          The Factors’ Contribution in the Start- Up Process and Success of Tunisian Cyber Entreprises

          Jihen Hamdani*

          DOI: 10.37421/2375-4389.2021.9.366

          The present study focuses on the relationships between entrepreneurial characteristics (Training, success-oriented trend, control locus), Strategic and managerial factors (E.networking, Business model, Management team), Service-quality related (reliability, responsiveness, Site quality), and the success of e-commerce entrepreneurs. An exploratory study has been conducted through semi-structured interviews. The reached results reveal that the factors’, in their entirety, appear to enhance well the studied net-entrepreneurs and explain the success level of the Tunisian cyberentreprises.

          Editorial Pages: 1 - 2

          Worldwide Development and Monetary Security in Global Exchange

          Laxmi Patro

          Global exchange is the trading of capital, merchandise, and administrations across worldwide lines or territories in light of the fact that there is a need or need of products or services. In many nations, such exchange addresses a huge portion of (GDP). While global exchange has existed from the beginning of time (for instance Uttarapatha, Silk Road, Amber Road, scramble for Africa, Atlantic slave exchange, salt streets), its monetary, social. Completing exchange at a worldwide level is a mind boggling measure when contrasted with homegrown exchange.

          To smoothen and legitimize the cycle of exchange between nations of various financial standing, some global monetary associations were framed, for example, the World Trade Organization. These associations run after the assistance and development of worldwide exchange. Factual administrations of intergovernmental and supranational associations and public measurable organizations distribute official measurements on worldwide exchange.

          Commentary Pages: 1 - 3

          Worldwide Promoting in Economics

          Denis Rechod

          Worldwide promoting can be characterized as "advertising on an overall scale accommodating or taking worldwide operational contrasts, similitudes and openings to arrive at worldwide goals". Worldwide promoting is likewise a field of study by and large business the executives that markets items, arrangements and administrations to clients locally, broadly, and globally.

          Perspective Pages: 1 - 3

          Ideal Money Territory Expanding Monetary Proficiency in Geological

          Jhon Andrive

          In financial matters, an ideal money territory or ideal cash locale is a geological area where it would expand monetary proficiency to have the whole district share solitary cash. The hidden hypothesis depicts the ideal attributes for the consolidation of monetary forms or the making of cash. The hypothesis is utilized frequently to contend whether a specific district is prepared to turn into a cash association, one of the last stages in financial incorporation. 

          Volume 9, Issue 3 (2021)

            Research Pages: 1 - 3

            Structural Breaks in Consumption of Tobacco in Kenya

            Edwin Kipyego Kipchoge*, Betty Korir, Argwings Otieno

            The linear relationship between time series variables is normally assumed to be stationary or simply the mean and variances do not change over time and the covariance of a variable and its lagged values are constant over time. In real situations there are some major events that can influence the fluctuations of such time series variables. Structural changes can identify whether the linear relationship between independent and dependent variable changes over some time t. The main purpose of this paper is to highlight some of the major structural breaks in tobacco consumption in Kenya for the period 1980 to 2016. The data used was extracted from Kenya National Bureau of Statistics (KNBS) and Government statistical abstracts. The independent variables are the prices of tobacco both before and after tax and per capita income. The Zivot-Andrews test was applied to test one structural break, but Clement-Montane and Reyes test was used to identify the multiple structural changes. The results obtained were presented in a table form and figure for visual identification. Zivot Andrews showed that there were major and significant structural breaks in tobacco consumption in the year 2007(t-statistic value is -6.366), prices before tax in the year 1999(t-statistic value is -4.882) and per capita income had a break year 2006 (t-statistic value is -2.627). Clement Montane and Reyes results indicated that the variables under study had significant break years (p-values were less than 5 per cent significance level). Based on the results obtained, the consumption of tobacco had two major break structural breaks in the year, 1994 and 2003, similarly the income per capita break years were 1999 and 2009, also, the prices before and after-tax break years were in 1996 and 2003, and in 1995 and 2009 respectively. This structural change is an important observation in analysis as it improves the efficiency of the estimates and assist researchers and governments to identify policies that can help reduce tobacco use, reduce diseases associated with tobacco for a functional healthy nation.

            Research Article Pages: 1 - 5

            The Next Great Collapse 2020-2022

            Mohamad Abdulrahman Qutait

            The world has witnessed several financial crises directly affected the economic growth rates and contributed to the impact of the main indicators of this growth starting from the Great Depression 1929 followed by the Second World War, the Bretton Woods crisis, October 1973 war, the 1987 and 1989 crisis, the Second Gulf War and the Asian Tigers crisis 1998 and the mortgage crisis 2005-2007. The study aims to establish the determinants and foundations of financial crises, as they are all similar in their timing almost every decade once and accompanied by an economic bubble in a particular sector of the economy such as the industrial sector in 1929, the oil industry 1973, the financial sector 1998 and the real estate sector 2008 and the end of the bubble the crisis occurs. What we are witnessing in the current year 2019 is the end of the economic cycle and a big bubble witnessed in the services and financial derivatives sector, where we can say that all crises centre on exchange rates and the lack of GDP development in proportion to the population, inflation rates, exchange rates, interest rates, stocks and the strength of Dollars as an intermediary currency for international exchanges.

            Review Article Pages: 1 - 5

            The COVID-19 Pandemic Impact on Global Economy

            Gerald Ileka* and Massomeh Hajilee

            DOI: 10.37421/2375-4389.2021.9.367

            The COVID-19 pandemic has affected the global economy in different ways. While some sectors such as aviation and tourism experienced a sharp decline in demand, others felt some growth. For example, the media and food retail industry are some of the sectors that have benefitted from the pandemic. They experienced a rise in demand for products and services as lockdowns and other measures to reduce the spread of the coronavirus forced people to remain at home and use online channels for entertainment and to order goods. Nevertheless, the COVID-19 pandemic has severely affected the globalization of consumption by lowering people's incomes and reducing the demand for goods and services. It indicates the need for governments to use a fiscal policy that involves changes to taxes and higher spending to boost people’s incomes and trigger growth through higher consumption. Thus, the economic challenges of the COVID-19 pandemic have caused a decline in the globalization of consumption but a fiscal policy will be useful in overcoming the problems and enabling nations to resume growth.

          Relevant Topics

Google Scholar citation report
Citations: 1196

Journal of Global Economics received 1196 citations as per Google Scholar report

Journal of Global Economics peer review process verified at publons

Indexed In

 
arrow_upward arrow_upward