scholarly journals Morbial Metaphor in Economic Discourse of the Modern Hispanic Media

2018 ◽  
Keyword(s):  
Economic Crisis ◽  
Global Economy ◽  
Main Method ◽  
Economic Discourse ◽  
Communicative Functions ◽  
Global Economic Crisis ◽  
Lexical Content ◽  
Hispanic Media ◽  
Slot Structure ◽  
Negative Phenomena

The present paper deals with the functioning of the morbial metaphor in the economic discourse of contemporary Hispanic media. The articles of economic topics, published in the section «Economics» of Hispanic periodical Internet publications are been chosen as the material of this scientific research. The period from the beginning of the global economic crisis (2008) to our days is been selected for this investigation. The structural-semantic properties of the morbial metaphor, which source domain is DISEASE, is being studied. The main method of the research is the metaphorical modeling. The emphasis is on determining the basic models of a morbial metaphor, which have a frame-slot structure, and language means of their reproduction. Structural analysis of frames present economic institutions as patients suffering from diseases, which are the metaphorical rethinking of negative phenomena in the economy, and need treatment. It has been found that five main frames represent the morbial metaphor in the Hispanic economic discourse: "Patients and doctors", "Diagnosis", "Symptoms of illness", "Treatment" and "Health status of the patient". Within each frame, the main slots are highlighted and their lexical content is described. The communicative functions of the morbial metaphor in the Hispanic economic discourse during the crisis and the causes of its activation have been determined. It was concluded that the frame-slot structure of the morbial metaphor reflects the negative phenomena of the global economy, presented in the Hispanic media discourse, and indicates the intensification of the use of the metaphor under study in the period of the aggravation of the global economic crisis and combating its effects. It was found out that the actualization of concepts of the conceptual sphere ECONOMY during the aggravation of the economical situation is dominated by the negative evaluative metaphors of the domain ILLNESS AND THEIR SYMPTOMS, and in the post-crisis period, - by the positively evaluative

scholarly journals Assumptions of the Global Economic Crisis and Its Inception in the Spring of 2020 Due to the COVID-19 Pandemic

2020 ◽  
Vol 15 (2) ◽  
pp. 191-212
Author(s):  
Alexey Portanskiy ◽  
◽  
Yulia Sudakova ◽  
Alexander Larionov ◽  
◽  
...  
Keyword(s):  
Financial Crisis ◽  
Economic Crisis ◽  
International Organizations ◽  
Global Economy ◽  
World Economy ◽  
Global Financial Crisis ◽  
Negative Impact ◽  
International System ◽  
The World ◽  
Global Economic Crisis

Analytical agencies, as well as international organizations, have identified significant threats to the development of the world economy, increasing the likelihood of a new global financial crisis in late 2020–early 2021. The main challenges to the system come from trade wars that could lead to a crisis in the international system of trade regulation, a decrease in the effectiveness of public policy instruments, and a deterioration in the dynamics of global economic growth. An important factor leading to a slowdown in the global economy in 2020 will also be the coronavirus pandemic, although it is difficult, in the first half of 2020, to assess its final impact. The combination of these negative factors, coupled with the unresolved problems of the 2008 global financial crisis, significantly increases the likelihood of a new global economic crisis which could surpass the Great Depression of the 1930s. This study systematizes the main forecasts by international organizations and analytical agencies for the growth of the world economy and considers various theoretical concepts to identify the symptoms of the impending crisis. Ultimately, this article offers options for reducing the negative impact of the crisis on Russia. In connection with the coronavirus pandemic, preliminary estimates have been made of the likely damage to the world economy and the prospects for its recovery.

scholarly journals INTERNATIONAL TOURISM TRENDS IN TERMS OF GLOBAL ECONOMIC CRISIS

2021 ◽  
Author(s):  
Olena Zelenko ◽  
Keyword(s):  
Economic Crisis ◽  
Global Economy ◽  
Service Providers ◽  
Tourism Industry ◽  
International Tourism ◽  
Development Scenarios ◽  
Leading Role ◽  
Global Economic Crisis ◽  
Tourism Service ◽  
Negative Factors

The article provides an analytical study of the current situation and areas of international tourism as a component of the global economy. The purpose of the study: to identify key factors and analyze the dynamics of the international tourism industry, and to identify promising ways to develop it to restore a leading role in the global economic system. Until the beginning of 2020, the global tourism industry was considered one of the most promising areas of economic activity: a significant contribution to GDP, growing employment in the industry and new jobs in related fields contributed to the active attraction of new businesses and investment. Now the international tourism industry is experiencing a crisis, losing billions in profits both globally. The main negative factors in the resumption of tourist flow are the existing restrictions on travel, slowing down vaccination, the global economic crisis, uncoordinated efforts to resolve the problem between governments, low consumer confidence and the long resumption of air services. In the research course it is substantiated that among the proposed development scenarios there is definitely no sense to expect optimism, because a new coronavirus is spreading around the world and the pace of global recovery will slow down again. Taking into account all the current circumstances of international tourism development, the most current development trends have been identified, including: ensuring social distance during travel, implementation of sustainable tourism principles, comprehensive informatization of the route and full awareness of tourists before and during travel, reorientation to FIT-tourism, change of popular tourist destinations and transfer preferences. Taking into account the identified current circumstances, negative factors and certain trends in world tourism will allow all tourism service providers to resume their activities at the international level and ensure a sustainable flow of tourists, stabilize their financial and economic situation and end the global economic crisis.

scholarly journals The Financial Crisis in the 2000s: Further Effects Regarding Lending, Regulation and Efficiency

2021 ◽  
Vol 15 (2) ◽  
pp. 155-175
Author(s):  
Benedikt FRANK
Keyword(s):  
Financial Crisis ◽  
Economic Crisis ◽  
Global Economy ◽  
Best Practice ◽  
Global Financial Crisis ◽  
Central Element ◽  
Bank Profitability ◽  
Global Economic Crisis ◽  
Underlying Causes ◽  
The Global Financial Crisis

The global financial crisis starting in 2007 was a central element of the new millennium and had a major impact on the global economy. This paper deals with the underlying causes and fundamental conditions as well as research and insights on the financial crisis in the area of liabilities and future lending, effects of regulations and bank resilience, as well as the changes in the banking industry in relation to the determinants of profitability. With three hypotheses developed on the basis of existing literature, that is critically evaluated and appraised, the paper aims to explore the global economic crisis from perspectives and origins beyond the often analysed triggers. The focus is on the pivotal point of the economic crisis: the banks and their international interconnectedness regarding lending, durability, and efficiency. Among other things, the findings revealed that the effect of the external funding shock on banks' domestic lending is significant, strong regulation, characterized as one-size-fits-all international best practice, is not always the blueprint for bank resilience and that efficiency has been a determining factor in bank profitability. Furthermore, no paradigm shift took place after the global economic crisis, and banks still seem to have to be rescued by the state in the event of bankruptcy due to their size.

scholarly journals The variable impact of the global economic crisis in South East Europe

2011 ◽  
Vol 56 (191) ◽  
pp. 7-34 ◽  
Author(s):  
Will Bartlett ◽  
Ivana Prica
Keyword(s):  
Economic Crisis ◽  
Global Economy ◽  
Transition Period ◽  
External Shocks ◽  
Institutional Reforms ◽  
East Europe ◽  
South East Europe ◽  
Global Economic Crisis ◽  
The Impact ◽  
Variable Impact

This paper studies the variable impact of the global economic crisis on the countries of South East Europe. The central question is whether the institutional reforms introduced during the transition period have enabled countries to cope with external shocks such as those associated with the recent global economic crisis. The transmission mechanisms of the crisis to the region are identified as contractions of credit, foreign direct investment, remittances, and exports, and their variable impact across countries is assessed. Several types of institutions are examined, including the degree to which countries have adopted the acquis communautaire, determined by the extent of their EU integration, progress with transition, and the broad institutional environment measured through the quality of governance. The paper asks whether countries with a more flexible economy due to faster progress with transition reforms were better able to adjust to the impact of external shocks. It concludes that the variable impact of the global crisis in the region can be explained mainly by their degree of integration into the global economy, and that the institutional reforms that were introduced during the boom times have made countries more integrated into the global economy, and therefore more vulnerable to the impact of the global economic crisis.

Prospects for the Development of a Systemic Global Economic Crisis

2019 ◽  
Vol 7 (1) ◽  
pp. 4-7
Author(s):  
Елена Басовская ◽  
Elena Basovskaya ◽  
Леонид Басовский ◽  
Leonid Basovskiy
Keyword(s):  
Business Cycles ◽  
Economic Crisis ◽  
Global Economy ◽  
World Economy ◽  
Developed Countries ◽  
Modern World ◽  
Way Of Life ◽  
Half Wave ◽  
The World ◽  
Global Economic Crisis

The work is devoted to forecasting the prospects for the development of a systemic economic crisis of the world economy. Forecasting is carried out on the base of N. Kondratyev econometric models of cycles in the world economy and the economies of the largest countries of the modern world. The results obtained allow us to establish that the beginning of Kondratiev’s upward halfwaves relates to the years 1999–2001. The expected duration of the period of the modern Kondratyev cycle is 50–54 years. The results of the study of the dynamics of the world economy, the results of studies of the economic dynamics of developed countries shows that the start of the upward half-waves of the Kondratieff cycle is expected in 1999–2001 goals. It can be associated with the transition to dominance of the fifth technological order, the emergence of the sixth way of life and the beginning of the death of the fourth technological way. The completion of the downward wave of this Kondratiev cycle and the systemic global economic crisis associated with the transition to the dominance of the sixth technological order should expected in 2049–2055. Since the likelihood of economic crises with business cycles, financial and investment cycles begins to increase with the transition to the downward half-wave of the Kondratyev cycle, from 2024–2027 one can expect a deepening of periodic crisis phenomena in the global economy.

scholarly journals Management instruments in the process focused on improving the results of organizations functioning in economic crisis – based on the research of opinions presented by managers of tourist enterprises / Instrumenty zarządzania w procesie poprawy rezultatów działania organizacji w czasie kryzysu gospodarczego – w świetle badań opinii menedżerów przedsiębiorstw turystycznych

Management ◽  
2013 ◽  
Vol 17 (1) ◽  
pp. 291-304
Author(s):  
Andrzej Rapacz ◽  
Daria E. Jaremen
Keyword(s):  
Crisis Management ◽  
Economic Crisis ◽  
Cost Reduction ◽  
Global Economy ◽  
Operating Costs ◽  
Online Sales ◽  
Tourism Sector ◽  
The Cost ◽  
The Impact ◽  
Negative Phenomena

Summary The economic crisis, which has affected the global economy in recent years, also exerted impact on, among others, the tourism sector. It view of the worse financial and economic results obtained by enterprises operating in tourist sector and other negative phenomena tourist entities started paying attention to tools adequate for crisis management. The objective of article is to define the impact of economic crisis on the functioning of Polish tourist enterprises both in the perspective of its effects and activities undertaken to overcome them. The paper presents an attempt to verify the hypotheses, referring to the opinion of tourist companies’ managers, according to which an increase in operating costs represents the more important result of the current global crisis, rather than a drop in revenues or smaller number of clients. In spite of that, among crisis management instruments higher significance, than cost reduction, is associated with such activities and instruments as: promotion and its intensification, higher online sales intensity, offering discounts on services or winning new sale markets. It refers to hypothesis verification suggesting that these enterprises are not prepared for crisis situations and the activates undertaken are of temporary nature. The discussion presented in the paper is based on empirical research results carried out among entrepreneurs operating in tourism sector in the most popular tourist locations in The Karkonosze and The Izery mountains, i.e. Karpacz, Szklarska Poręba, Świeradów Zdrój and Jelenie Góra. The empirical part of the paper was preceded by theoretical remarks referring to attitudes of crisis management in tourism. The results of conducted research indicate that in the opinion of the majority of tourist companies’ managers/owners the crucial impact of the global crises was observed in higher functioning costs, while the most important instrument for its effects counteracting is the extension of promotion and offer distribution, mainly online, with the cost reduction to follow.

scholarly journals Worker’s Distribution Model: A Remedy for Global Economic Crisis by the Continuation of Work during Pandemic

2020 ◽  
pp. 19-24
Author(s):  
Sah MK
Keyword(s):  
Economic Crisis ◽  
Global Economy ◽  
Close Contact ◽  
Distribution Model ◽  
Economic Downturn ◽  
The Great Depression ◽  
Global Pandemic ◽  
Global Economic Crisis ◽  
Sources Of Infection ◽  
Global Population

Introduction: Since the WHO declared COVID-19 as a global pandemic, nearly 80% of the global population has come under stay-home orders, lockdowns, and quarantines, inflicting increasingly severe direct and indirect economic impacts. Transmission of SARS-CoV-2 can occur through direct, indirect, or close-contact. The duration of RT-PCR positivity ranges from 1-3 weeks or more in some cases. The number of COVID-19 infections may be attributable to the late identification of sources-of-infection and the ability of the host to shed the infection while asymptomatic. The COVID-19 pandemic is wreaking havoc on the global economy, unleashing the worst economic downturn since the great depression. Managing the human resource in such a situation, keeping most of the workforce in quarantine is challenging. The idea of the Worker’s Distribution Model(WDM) of management is innovated. There is a global economic crisis during this pandemic. This WDM is justifiable to sustain the economic crisis of the country and stands aside to raise the economy of a country or community.

WAYS TO OVERCOME THE PROBLEMS OF INSOLVENCY IN THE CONDITIONS OF CURRENT GLOBAL ECONOMIC CRISIS

2020 ◽  
Vol 5 (3) ◽  
pp. 81-86
Author(s):  
Ilxom Sayfiddinov ◽  
Keyword(s):  
Economic Crisis ◽  
National Economy ◽  
Investment Environment ◽  
Global Economic Crisis ◽  
Macroeconomic Stability

The article discusses the ways to overcome the problem of insolvency in the current global economic crisis. It also discusses in detail the ways to overcome the problem of insolvency. Opinions and conclusions were formed on insolvency, macroeconomic stability, competitiveness of the national economy, investment environment, strengthening of payment discipline

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