DOI: DOI: 10.37421/2375-4389.22.10.346
The COVID-19 outbreak hit the world economy with unprecedented consequences, which induced governments to intervene in the market and facilitate the recovery process. The bailout plans of advanced economies, though appropriate for short-term recovery, may have long-term adverse effects on budget discipline and inflationary expectations. Indeed, massive government interventions and bailouts will lead to huge amount of fiscal deficits, which may create inflationary expectations. The goal of this paper is twofold. First, it tries to estimate the effects of COVID-19 on economic growth, unemployment rate, consumption expenditures, industrial production, and GDP growth. Second, it tries to measure the long-term effects on budget deficit, and expected inflation, using Vector Error Correction (VEC) model with quarterly data for the period of 2009:1-2020:4 for the U.S. economy. The VEC model used in this study is superior to the VAR models used in previous studies. The estimated results in this study indicate that the budget deficit effect of this bailout will last at least for a period of five years and inflationary expectations will be lingering in the medium-term.
Abderraouf Mtiraoui* and Najoua Talbi
DOI: 10.37421/2375-4389.2022.10.371
The objective of this article is the empirical study between international trade and sectoral growth over the period from 1975 to 2018. Using control variables chosen during a reading of the theoretical and empirical review of the determinants of economic growth in the context of answering to the problem posed for the case of Tunisia. The liberalization of international trade can improve the competitiveness of tradable goods and services and therefore stimulate short-term sectoral growth, which will be verified in the long term while using a new technique from ARDL.
Abderraouf Mtiraoui*, Slim Aliouet, Najoua Talbi and Adel Krieam
DOI: 10.37421/2375-4389.2022.10.372
The purpose of this paper is to study comparative analyzes between two different situations, namely the situation before the COVID-19 epidemic and during the COVID-19. We have tried to present in a cartography the spatial distribution for the majority of MENA countries while showing the evolution of some socio-economic indicators namely education, health, GDP growth during the years 2017 and 2020.
DOI: 10.37421/2375-4389.2022.10.376
A good life cannot be achieved without having good living conditions. So the general objective of this study was to analyze the impact of remittances on the living conditions of remittances receiving households, in Kebri Dehar city. Propensity score matching using probit regression model used to examine for this study. The household living condition can be measured with different outcome indicators namely household income, household consumption expenditure, and household food expenditure for remittance receiver and non-receiver households. The findings revealed that remittances significantly improve household income, consumption, and food expenditures for recipients in comparison with non-recipients. Primary data was collected on household questionnaires with 384 sample respondents drawn from both remittances receiving and non-remittance receiving households using cross-sectional data in Kebri Dehar city. To find those migrants’ remittances could improve the living conditions of households in Kebri Dehar city and affect negatively the incidence of poverty. Generally, the results show a positive and significant impact of remittances on the living condition of households. Hence, support increasing arguments that the government, as well as other concerned stakeholders, should effectively work on easing the remittance sending process and cost, so as to better extract the well-being benefit of migrant remittances.
Negese Tamirat Mulatu* and Achalu Berecha
DOI: 10.37421/2375-4389.2023.11.376
The gender issue is a key concern of economic development in a less developed country in general and Ethiopia in particular. Therefore, this study attempts to investigate the factors affecting gender bias and its links to economic vulnerability in the Jimma Zone using cross-sectional survey data gathered in 2020/21. A cross-sectional survey data was collected from 399 respondents in Jimma Zone. Primary and secondary data were used. Qualitative and quantitative primary data were employed. Descriptive statistics and econometric methods were developed for the data analysis. The results of binary log it regression showed that the female was significantly affected by age, sex, sexual harassment, marital status, educational status, mother education, income status, community attitude, credit use, and access to information. Therefore, this study recommends the respective bodies focus on awareness creation for the gender issue, which is a base to achieving sustainable economic development.
DOI: 10.37421/2375-4389.2023.11.396
This study aimed to investigate the prospects and challenges of women's participation in various leadership positions in south Wollo zone of Ethiopia. To achieve this objective a descriptive and explanatory design type research was employed. Both simple random and purposive sampling was taken to select the respondents from 26 public offices of the administration where employees and office leaders were included in the study with which data were collected through a survey questionnaire and interview. For this study, 225 valid observations were employed and data were analyzed using SPSS version 26 and analyzed data were presented in the form of tables using frequency, percentage, mean, standard deviation, T-Test and exploratory factor analysis. The finding revealed that women's participation in leadership was found to be low which might be attributed to challenges of socio-cultural settings and community attitude, lack of skill and capability as well as access to education and space for undertaking leadership roles. Apart from the challenges, opportunities were also identified supported by no significant differences among the respondent’s gender and the existence of a positive attitude toward women's involvement in leadership and participation to assume positions in the study area. To this end, the study recommended that capacity building through training and development, encouraging and involving women in various leadership forums and improvement and widening of the existing opportunities should have to be put into practice to strengthen their participation in various leadership positions.
Haseeb Ehsan and Hanaan Ehsan*
DOI: 10.37421/2375-4389.2023.11.391
This study aimed to find out the relationship of factors that are prevailing in the mind of a common customer who is using a bank or any bank for his/her financial transaction. Research conducted to evaluate the common indicators that matter the most while someone intends to use Ebanking. This study examined the respondent’s results which were gathered and interpreted its results therein about intentions to use Ebanking. The results come from a cross sectional study which was done at the convenience of the researcher. The results may not be generalized across the country as there results of the study may differ in other cities of Pakistan as there always exists difference of opinion and approach to adopt anything region wise. Study founded that bank customer either internal or external has difference of opinion in their apparent usage regarding E-banking. Trust factor is the most vital factor that is directly related to the adoption feature related to E-banking. Those customers who have wisdom about technology advancement adopt E-banking easily while rest have confusions and observations regarding trustworthiness of the electronic services as this type of banking does not satisfies them. While the other factor which is studied in the study is technology support which is also proved to be the significant factor which is affecting the adoption of E-banking. Consumers have that understanding that using the electronic banking software and applications are difficult and time taking whereas the situation in totally different from that. Customer of the bank is mostly unaware of the fact that using E-banking also depends upon their perceived usefulness. As when the customers will have the understanding regarding its importance there will be certain increase in the adoption of this type of banking. Perceived usefulness was used as a moderator in this study having moderate impact on the relationships of variables used in this paper. In Pakistani context as customers are more indulged towards having trust issue rather understanding the benefits and usefulness of the technology. This study has attempted to enhance the existing body of language in this sector of Pakistan which can help the financial institutions like banks enhance their services and consumers acceptability towards E-banking.
Bhavana Sahu* and Hariom Divakar
DOI: 10.37421/2375-4389.2023.11.401
Cryptocurrency is an innovative concept of virtual/digital currency that has attracted substantial interest in last few years from the risk takers, profit seekers, general public and academic practitioners. Cryptocurrency is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a RBI or government, to uphold or maintain it. Crypto typically use decentralized control as opposed to a Central Bank Digital Currency (CBDC). Crypto has turned out to be a new avenue of investment instrument in India similar to gold. The attributes of cryptocurrency framework like decentralized network, reduced dependency on cash, no intermediaries, and the lack of stable pricing factors do not let it unlock its true potential.
The Indian cryptocurrency economy has been ranked second in global cryptocurrency adoption, just behind Vietnam. The size of the cryptotech market in India is anticipated to reach $241 million by 2030, growing at a CAGR of 14%, with the potential of creating 877,000 jobs by then. The crypto-tech ecosystem is developing rapidly with more than 230 startups mushrooming and almost $270 million invested in Indian block chain and crypto startups till 2021. About 1.8% of India’s adult population has invested in crypto until 2021, a growth of 2.2 × over a year.
This study focuses on understanding what cryptocurrency is all about and its overall impact on the Indian economy. The future of cryptocurrency is uncertain. The study also focuses on the existing scenario and future prospects of cryptocurrency in India.
Fadwa Ben Brahim*
Ukraine was attacked by Russia on February 24, 2022. As a result, numerous international sanctions were put in place against Russia in an effort to get it to defuse the situation. Despite being designed to harm Russia, the sanctions imposed had unintended consequences for the global economy, primarily through the disruption of global supply chains. Energy, commodity, and trade supply shocks were caused by the conflict. This resulted in increased energy prices, commodity prices, and food prices, which in turn caused an increase in worldwide inflation in several nations. Israel mediated the peace between Russia and Ukraine, but the economic fallout from the crisis continued to be felt throughout much of Europe and beyond.
Youcef Djeddai, Jedidah Vika Muli
Since 1998-2011 of 22 August 1998 Algeria has invested more than ever in political, legal, financial and human resources to promote scientific research and technological development, and its corollary innovation, however two decades passed without concrete results. is it an input problem? or is it a malfunction of the black box program (innovation system)?
Mehdi Khazaei*
The purpose of this study is to identify the factors affecting on increasing of contractors 'profits of EPC projects and also to estimate the impact of each factor on the increase of contractors' profits. For this purpose, a questionnaire based on the components extracted from previous studies was prepared and sent to EPC project experts. At this stage, the factors affecting on profitability of EPC projects were identified according to the PMBOK standard. Then, the opinion of experts on the importance of each of the factors affecting on increasing EPC contractors’ profits was obtained based on the Likert five-choice range and analyzed using SPSS software. The results show that the timely supply of equipment, avoiding of complex administrative bureaucracy, innovation and use of new technologies, adequate expertise and timely financing have the greatest impact on increasing the profits of EPC contractors, respectively.
Dodi Irwan Siregar
Journal of Global Economics received 2175 citations as per Google Scholar report
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