scholarly journals The Effects Of 2008 Global Crisis On Eurasian Countries' Economies

2010 ◽  
Author(s):  
Bilal Özer ◽  
Alper Karaağaç ◽  
Ismail Önden

With the ongoing technological progress new transportation and communication channels have emerged, and interactions between people and therefore states has increased significantly. As a consequence of this development the concept of globalization, meaning the disappearance of the boundaries between states, has arisen. Thus the process of integration between the economies of states has started, which increased the dependency and interaction of the state economies. Hence, an economics crisis appearing in a particular state effects all of the countries integrated to this integrated system. In this study it is aimed to research that in what degree the Eurasian economies are integrated to the world economy, and affected from the recent economic crisis. The changes of the growth rates of the economies of Eurasian states during the crisis have been considered in order to employ them in the analysis of these affects. Moreover, by considering the basic economic indicators of those states such as unemployment rate, consumer price index, budget deficit, current deficit, it is aimed that to reach a general view of those states economic positions.

Author(s):  
Valeria Seidita ◽  
Francesco Lanza ◽  
Arianna Pipitone ◽  
Antonio Chella

Abstract Motivation The epidemic at the beginning of this year, due to a new virus in the coronavirus family, is causing many deaths and is bringing the world economy to its knees. Moreover, situations of this kind are historically cyclical. The symptoms and treatment of infected patients are, for better or worse even for new viruses, always the same: more or less severe flu symptoms, isolation and full hygiene. By now man has learned how to manage epidemic situations, but deaths and negative effects continue to occur. What about technology? What effect has the actual technological progress we have achieved? In this review, we wonder about the role of robotics in the fight against COVID. It presents the analysis of scientific articles, industrial initiatives and project calls for applications from March to now highlighting how much robotics was ready to face this situation, what is expected from robots and what remains to do. Results The analysis was made by focusing on what research groups offer as a means of support for therapies and prevention actions. We then reported some remarks on what we think is the state of maturity of robotics in dealing with situations like COVID-19.


1997 ◽  
Vol 3 (3) ◽  
pp. 249-263 ◽  
Author(s):  
Stephen L. J. Smith ◽  
David Wilton

Differences between real tourism satellite accounts and the WTTC/WEFA ‘simulated tourism satellite accounts’ are described. These differences are both conceptual and methodological, including the fact that the World Tourism and Travel Council (WTTC) methodology fails to conform to the World Tourism Organization/UN definitions. Some empirical problems associated with the WTTC methodology also are detailed. These include the inappropriate use of Consumer Price Index weightings and WTTC's reliance on US data sources to make inferences about other nations' economies. The paper concludes that the WTTC methodology does not represent a ‘simulated tourism satellite account’.


1990 ◽  
Vol 134 ◽  
pp. 22-43 ◽  
Author(s):  
R.J. Barrell ◽  
Andrew Gurney ◽  
Stephen Dulake

Our last forecast, which was published in August, was moderately optimistic about prospects for the world economy, and especially for the United States. Since the summer the Yen has risen strongly, the US has begun to look like it is facing a recession, and it is now clear that the united Germany will face a very large Government budget deficit after monetary and political union. Meanwhile prospects for war in the Gulf remain high, and although EC farm ministers have managed to agree amongst themselves about cuts in agricultural subsidies it is not clear that these cuts are large enough either to prevent the GATT round stalling or stop the US erecting trade barriers in retaliation. As a result of all these factors our forecast is hedged around with rather more uncertainties than usual. Table 1 sets out our short-term forecast. We assume that oil prices will peak at $35 pb in the last quarter of 1990, and will then fall to $28 pb by the end of 1991.


2020 ◽  
Vol 9 (3) ◽  
pp. 23-32
Author(s):  
Nurali Lapasov ◽  

Innovation and scientific and technological progress are one of the key factors of economic growth. Innovative economic growth is determined by the dynamics of economic development and the level of welfare of the population, national security, the possibility of equal integration into the world economy, mainly the country's ability to use scientific and technical achievements in practice. Accordingly, the strategy of innovative development of the Republic of Uzbekistan for 2019-2021 has been approved in our country. The article discusses the trends of innovative development of the Republic of Uzbekistan, the causes and factors hindering the development of the innovative sector of the economy and makes recommendations based on world experience


1996 ◽  
Vol 10 (4) ◽  
pp. 159-177 ◽  
Author(s):  
Brent R Moulton

Recent research has suggested that the upward bias of the U.S. consumer price index may be significant, and correcting the biases would have important long-run effects on the federal budget deficit. The author describes the sampling procedures used in constructing the consumer price index, and gives simple examples of formula bias and quality adjustment. He then reviews the empirical evidence, attempting to show which biases are reliably estimated and which estimates of bias are based on extrapolation and guesswork. The author discusses possibilities for further research leading to potential improvements in the consumer price index.


Author(s):  
Tomasz Dołęgowski ◽  
Serhii Hushko ◽  
Volodymyr Kulishov

We examine the main trends of world economic development. The characteristic feature of the modern world is the acceleration of globalization development, caused by the achievements of scientific and technological progress. The increase in possibilities of global problem solving is accompanied by their exacerbation and degree of openness of public systems in conditions of modern globalization. We consider the interaction of international economic agents, the formation of interconnections, the inevitability of transition to a new and more progressive model of economic development – metaeconomy and the problems which are potentially able to cause negative consequences of the financial sector redistribution. There is a growth of social inequality in the world, resulting in increasing income disparities, which intensifies the migration process and thereby creates new problems as a result of the coexistence of people belonging to different civilizations, cultures and value systems.


2021 ◽  
Vol 3 (2) ◽  
pp. 313-323
Author(s):  
Nisa Alfira ◽  
Muhammad Iqbal Fasa ◽  
Suharto Suharto

The purpose of this study was to determine the effect of the Covid-19 pandemic on the Composite Stock Price Index (IHSG) and the rupiah exchange rate in Indonesia. The research method used is descriptive qualitative by describing the existing phenomena. The results show that the impact of the Covid-19 pandemic does not only affect public health, but also affects the Indonesian economy, especially in Islamic financial institutions in the Islamic capital market, namely the Composite Stock Price Index and the weakening of the rupiah exchange rate. The pandemic has also been proven to have put pressure on the world economy, including Indonesia.


2010 ◽  
Vol 104 (2) ◽  
pp. 90-91
Author(s):  
Gregory D. Foley

Measurement is a fundamental process that spans all branches of mathematics and connects mathematics to the world around us. At the most basic level, “measurement is the assignment of a numerical value to an attribute of an object, such as the length of a pencil. At more-sophisticated levels, measurement involves assigning a number to a characteristic of a situation, as is done by the consumer price index” (NCTM 2000, p. 44). During high school, students' understanding of measurable attributes, systems of units, and measurement processes should grow in sophistication and depth.


1972 ◽  
Vol 59 ◽  
pp. 48-79

Last February we suggested that the world economic situation presented governments with two main problems in 1971. One, the problem of world-wide inflation, was generally recognised. The other, the problem of the growing disequilibrium in the balance of payments of the United States, appeared to be inadequately appreciated. OECD, for example, had suggested two months earlier that the United States would combine a real economic growth rate of 4 per cent with a surplus of $2 billion on the current balance of payments. We ourselves predicted a growth rate of 3 per cent and a current deficit of $¾ billion, but even these figures proved over-optimistic. The rise in real GNP reached only 2 ¾ per cent and, partly because of strikes, there was probably a current deficit of the order of $3½ billion.


2020 ◽  
Vol 10 (3) ◽  
pp. 216
Author(s):  
Maryam Abid ◽  
Danish Ahmed Siddique

This paper examines the effect of financial market uncertainty on market returns of different countries of the world. The effect of other macroeconomic like Consumer Price Index (CPI), Real Interest Rates (R.IR), Market Capitalization (MCAP), and Gross Domestic Product per capita growth (GDPPCG).For analyzing this relationship, around 40 countries data including developed and developing countries, over the period of 10 years from 2009-2018. For analysis, Panel Least Square (PLS) was used. Fixed Effect Model (FEM) is used to check the overall strength of the model. Group correlation was also performed on overall variables to check the causal relationship between all the variables and individual regression tests are also conducted country wise to explore that how much this model is applicable, descriptive analysis for market return and uncertainty to check the moments of these variables. The overall results it is concluded that market returns are affected by the financial markets uncertainty in the long run and it is a significant variable in explaining market returns while overall test results proved a positive relationship with market returns but individual testing of this model on each country shows, more than half countries in the study have a negative relationship of financial market uncertainty with market returns. Along this, other macro-economic variables impact is also measured over market returns of the world which shows all variables Consumer Price Index, Real Interest Rates and Market Capitalization except Gross Domestic Product per capita growth have a negative relationship with the Equity Market returns.


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