Journal of Global Economics

ISSN: 2375-4389

Open Access

Current Issue

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.

      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, developing, or developed. Eight variables were found significantly loaded in the pattern of the consumption- driven economy: (1) consumption (2) globalization (3) economic freedom (4) knowledge economy (5) global competitiveness (6) corruption, (7) foreign direct investment, and (8) economic growth. This means the consumption- driven economy is multidimensional in affecting economic growth.

        Volume 9, Issue 7 (2021)

          Editorial Pages: 0 - 1

          Goals and Objectives of Economic Development

          Massomeh Nair

          Economic development, the advancement where low-income and simple national economies are changed into contemporary developed economies. Even though the Economic development is frequently used as an alternative word for economic growth, usually it is employed to define a variation in a country’s economy relating qualitative as well as quantitative developments. Economic development is a first major problem after World War II. As the period of European colonialism completed, many previous associations and other countries with low income are termed underdeveloped countries, to compare their economies with the developed countries, like Canada, the United States, Western Europe, eastern European countries, the then Soviet Union, Japan, South Africa, Australia, and New Zealand. As living standards in most poor countries began to rise in following periods, they were renamed the developing countries.

          Perspective Pages: 0 - 1

          Foreign Exchange Policy in India

          Michael E

          Foreign Exchange Policy of India and other Emerging Market Economies are in limelight since last few years due to their incredible rise in the current decade. The economist’s analysts from the western world, particularly the IMF specialists, have assailed this fixation of amassing of reserves by the EMEs.

          Commentary Pages: 1 - 1

          Brief Note on Economic Resource

          Luis Alana

          Economic resources can also serve as a barrier in contrast to some of the risks in old age. Those with few economic resources are at bigger risk for most of the problems of old age because it is further difficult for them to protected their health and care needs.

          Editorial Pages: 1 - 1

          Short Note on Sustainable Development

          Soyemi Shaffer

          Environmental Management defends valuable environmental assets, manages local areas on the most suitable way and improves relationships between people and the natural environment. Organizations are gradually concerned to achieve and establish environmental performance, controlling their activities, products or services on the environment.

          Commentary Pages: 1 - 1

          Global Urbanism Trends around the World

          Nikilesh Singh

          Global urbanism refers to the global challenges and urban conditions of cities in different geographical contexts and it evaluates hegemonic and Euro-centric representations that have shaped urban scholarship. As an area of study, global urbanism attentions on critical discussions of urban theory.

          Global Economics and Financial Growth (2021)

            Research Article Pages: 1 - 6

            Determinants of Household Food Insecurity in Cameroon: Entitlement Approach

            Nadege Kougbe Thea, Nourou Mohammadou, and Jean Huge Nlom

            About 37.1% of households enjoy food security in Cameroon while the remaining 35.7% of households have limited food security. It was found that at least 30% of Cameroonian household in rural and urban areas remain vulnerable to food insecurity. The present study attempts to examine the effect of entitlement and identify the determinants of food insecurity in Cameroon household. Data are taken from Demographic and Health Survey (DHS) 2017 collected by the National institute of statistics (INS) of Cameroon. A wealth index was constructed from DHS data and we had employed FANTA III Household Dietary Diversity Score (HDDS) to group food insecurity household. We estimated the determinants of household food insecurity with a one predictor model .i.e. wealth index and a full predictor model including control variables. The main tools of analysis for this study consist of descriptive statistics and partial proportional odds model. Results showed that 22.69% of Cameroon household is severely food insecure and 20.4% are poorer. Regression results revealed that wealth index is highly significant (P<0.01 and P<0.05) determinant of household food insecurity in Cameroon. Control variables such as marital status, number of under-five children and gender of the household head were found to be significant determinant of household food insecurity in the study area. While, predictors like place of residence and household size were found to be non-significant determinants of food insecurity in this study.

            Research Article Pages: 1 - 6

            The Impact of Human Capital on Corporate Profitability with Emphasis on Innovation, Knowledge and Employee Satisfaction

            Mehdi Khazaei

            Human capital is a key factor in improving the performance of organizations. Every business must use knowledgeable and experienced employees to increase its profit. In this regard, attracting professional, creative and innovative employees and maintaining them by creating job satisfaction is inevitable. The main purpose of the present study is to investigate the impact of Knowledge, Innovation and Employee satisfaction indicators on the Corporate Profitability. For this purpose, 224 top companies in the world from 2013 to 2019 that were profitable among the top 300 companies each year were selected as the statistical population. IMD digital Competitiveness, Global Entrepreneurship Monitor reports and Fortune site were used to collect the data. Also the data analysis was done according to the panel data method using Stata 15 software. The results shows that in general, there is a positive relationship between Knowledge, Innovation and Employee satisfaction indicators with corporate profitability.

            Research Article Pages: 1 - 6

            The Impact of Global Entrepreneurship Monitor Indicators on Corporate Profitability

            Mehdi Khazaei

            Given the role and importance of Global Entrepreneurship Monitor (GEM) indicators for businesses' performance and profitability, the question arises why no research has been undertaken internationally in this regard. Therefore, the main purpose of the present study is to investigate the impact of GEM indicators on the financial performance of top companies in the world. For this purpose, 176 top companies in the world from 2013 to 2018 that were profitable among the top 200 companies each year were selected as the statistical population. World Bank annual reports, GEM reports and Fortune reports were used to collect the data. Also the data analysis was done according to the panel data method using Eviews software. The results show that in general, there is a positive relationship between GEM index and financial performance of top companies in the world. On the other hand, the per capita income of the countries in which the top companies belonged was considered as a control variable and the results shows that the per capita income has a positive and significant relationship with the financial performance of the top companies in the world.

            Editorial Pages: 0 - 1

            Overview of Business Strategy

            Joseph T. Mahney

            Do you at any point can't help thinking about why a few organizations are fruitful and perform better compared to other people or then again why some are difficult to beat and others are not All things considered, assuming an organization needs to remain cutthroat in the business, it should make and execute a methodology that is acceptable and sound.

            Editorial Pages: 0 - 1

            Functions and Roles that Human Resources Professionals Play in an Organization

            Joseph T. Mahney

            Start with in to section analyzes the vital capacities and jobs that experts play in an association concerning the general business climate and offers direction for showing up in HR assessment. HR experts should know the mission, vision, and upsides of the company. HR experts work as mediators or referees of these ideas to the representatives. The mission of the organization is typically communicated as a short assertion sentence depicting the motivation behind the organization's presence. Two ways to deal with hierarchical construction are the grid and order strategies, with the design taking after a pyramid.

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