scholarly journals Supply Chain Management and Restart of Economy in Post COVID-19

2021 ◽  
Author(s):  
Venkataramanaiah Saddikuti ◽  
Sagar Galwankar ◽  
Akilesh Sai Saddikuti Venkat
Keyword(s):  
Supply Chains ◽  
Economic Crisis ◽  
World Trade ◽  
Business Organizations ◽  
Early Recovery ◽  
Goods And Services ◽  
The People ◽  
The World ◽  
Global Economic Growth ◽  
Almost All

The increase in World Trade has led to significant growth in world GDP over last 100 years particularly. Supply chains have become the major enablers of world trade and the world is connected through supply chains. Any disruptions in any part of the world has led to disruptions in supply chains and economic recessions. Crisis like Tsunamis, earthquakes, 911 terror attacks, epidemics/pandemics like COVID-19 etc. have affected the businesses worldwide. COVID-19 pandemic has precipitated economic crisis due to disruption of supply chains and suppressed demand for many products and services worldwide. International Monetary Fund (IMF) has projected global economic growth to be negative 4.9%. This economic crisis has resulted in substantial erosion of market capitalization across the globe. The impact of COVID-19 is very significant on both health of the people and economy worldwide. Almost all businesses and governments are trying its best to save people from health and economic crisis. This requires rebuilding of supply chains through appropriate configuration with reliable sources of supply, collaboration, manufacturing and distribution of goods and services. Sectors like essential items, pharmaceutical, e-commerce have started early recovery of economy. However, other sectors require suitable interventions from government, business organizations in their policies and practices and use of digital technologies for economic recovery.

scholarly journals The impacts of the global economic crisis on selected segments of the world trade in commodities

2012 ◽  
Vol 60 (7) ◽  
pp. 101-110
Author(s):  
Elena Horská ◽  
Luboš Smutka ◽  
Mansoor Maitah
Keyword(s):  
Economic Crisis ◽  
World Trade ◽  
World Economy ◽  
Food Products ◽  
Significant Decline ◽  
Mutual Correlation ◽  
The World ◽  
Global Economic Growth ◽  
The Impact ◽  
World Output

This paper deals with the impacts of the economic crisis on the world trade in order to highlight the mutual interdependence of the development of the world output and trade. The paper observes mutual correlation in development of the world trade and output. The results of the analysis indicate that changes in the value of world GDP and world trade are correlated by more than 90%. It is important to mention that in the years 2000–2009, the value of world trade and world output increased significantly (although in 2009, a significant decline in both value and volume of global production and trade was recorded due to the crisis). In relation to the world trade, it should be noted that its commodity structure is dominated by trade in manufactures. The crisis that occurred in the period 2008–2009 greatly affected the world economy and trade in particular. In this respect it should be pointed out that the crisis mainly affected trade in manufactures and then trade in fuels and mining outputs in terms of both absolute and relative indicators. Agrarian trade dealt with the crisis the best and the impact of the crisis on development of its values and volume was the least significant. This verifies the fact that agrarian and food products tend to be the most resistant to the crisis (on contrary, in times of global economic growth or reconstruction, the trade in agrarian and food products shows lower degree of elasticity in relation to the global GDP growth in comparison to other segments of commodities trade).

scholarly journals IMPLIKASI PRINSIP MOST FAVOURED NATION DALAM UPAYA PENGHAPUSAN HAMBATAN PEDAGANGAN INTERNASIONAL

Yuridika ◽  
2012 ◽  
Vol 27 (1) ◽  
Author(s):  
Prawitra Thalib, SH.,MH.
Keyword(s):  
International Trade ◽  
World Trade ◽  
Equal Treatment ◽  
Discrimination Factor ◽  
Goods And Services ◽  
Economic Progress ◽  
The People ◽  
The World ◽  
International Trading

Barriers on international trade is one of the complicated problems, therefore the efforts to eliminate it still have been doing by the countries around the world. Meanwhile the discrimination factor in international trade is one of the most important issue that can hamper trade and economic progress of a country, because discrimination can cause uneven distribution of goods and services which are aimed to prosper the people of a country. Therefore, the equal treatment among countries in international trade or as known as Most Favoured Nation Priciple, is crucial. This principle emphasizes equal treatment in every country so trading activity will be expected the same in any country. This Principle can automatically remove the obstacles that might occur in the international trade, by maximizing the role of the World Trade Organization in the International Trading arena.Key words: Most Favoured Nation, Discrimination, Trade.

COVID-19 PANDEMIC AND ITS IMPACT ON DYNAMICS OF BUSINESS AND ECONOMICS, WITH RESPECT TO INDIA

2020 ◽  
pp. 20-24
Author(s):  
Arun Kumar L.S
Keyword(s):  
Migrant Workers ◽  
World Trade ◽  
Present Situation ◽  
World Trade Organisation ◽  
Economic Activities ◽  
Monetary Policies ◽  
Goods And Services ◽  
The Great Depression ◽  
The World ◽  
Present Context

International business is essential for the countries to generate Economic growth or to increase in exports and reduce in imports, it encompasses all commercial and economic activities between the nations to promote the ideas, resources, transfer the goods and services, technologies across the national borders. In every country has limited resources therefore a country cannot produce all the goods and services that it requires. The present context of the world, there is imbalance in production and supply factors due to Covid-19 pandemic, which has resulted in market imbalances (demand and supply). The world economy has been hit hard by the ongoing Covid-19 pandemic, as on June end more than ten 10 million people around the globe had been affected by this pandemic, India, USA and others are worst hit countries with decrease in GDP (Gross Domestic Product) and increase in unemployment rate. It may be useful to also note that prolonged lockdowns will eventually imply production shortfalls, may lead to increase in unemployment; decrease in demand for products, slowly running out stocks. In recent forecast of World Trade Organisation (WTO) indicated a clear fall in world trade between 13 per cent and 32 per cent in 2020, perhaps the highest fall since the Great Depression of 1930s. India and world can overcome the challenges by specific government fiscal and monetary policies, by providing economic relief packages and increase in employment opportunities by digitalisation in all the sectors of the economy to increase in accountability, convenience, and gross production, and investment, job security to casual labours or migrant workers. These factors may change the world present situation to productive or welfare economy. The purpose of the research paper is to explain Economic and Business crisis, due to covid-19 in present situation in India and the world. KEY WORDS: C0VID-19, GDP, ECONOMY and GLOBAL CRISIS.

Sustainable Development in the 2001 WTO Doha Round Debates and Beyond

2021 ◽  
pp. 145-158
Author(s):  
Marie-Claire Cordonier Segger
Keyword(s):  
World Trade ◽  
Dispute Settlement ◽  
Dispute Settlement Mechanism ◽  
Production Methods ◽  
Environmental Goods ◽  
Goods And Services ◽  
The World ◽  
Environmental Considerations ◽  
Settlement Mechanism ◽  
Doha Declaration

In this chapter, it is argued that in the 2001 Doha Declaration launching the new trade negotiations and in subsequent dispute settlement decisions, the World Trade Organization (WTO) member States and dispute settlement mechanism (DSM) have made small steps to integrate social and environmental considerations into the work of the WTO, but progress is limited. In particular, certain exemptions have been expanded and clarified (more through subsequent disputes than through negotiations), States have agreed on frameworks for negotiations that could both liberalize trade in environmental goods and services and reduce subsidies that encourage over-fishing, and potentially also encourage greater cooperation on trade-related environment and social development challenges. Influential WTO disputes are canvassed, and concerns with regards to process and production methods (PPMs) and related technology transfer opportunities are discussed briefly. It is also demonstrated that these steps, as critiqued in legal scholarship, reveal real limits to the WTO’s progress.

Assessing the Impact of Governmental Regulations on the IT Industry

2008 ◽  
pp. 36-54 ◽  
Author(s):  
Sushma Mishra ◽  
Amita Goyal Chin
Keyword(s):  
Institutional Theory ◽  
World Trade ◽  
World Trade Center ◽  
Business Organizations ◽  
September 11Th ◽  
It Industry ◽  
The World ◽  
Institutional Forces ◽  
Trade Center ◽  
The Impact

Given the recent monumental events including the September 11th attack on the World Trade Center and the Pentagon as well as the Enron and MCI WorldCom debacles, people have witnessed, and more readily accepted, a significant increase in governmental authority, leading to a dramatic upsurge in the number of governmental regulations imposed on business organizations and society. Neo institutional theory suggests that such significant institutional forces may gravitate an otherwise highly disparate IT industry towards industry wide homogenization.

scholarly journals BUILD A BUSINESS TO CUSTOMER ONLINE STORE USING AIRZONE CONTENT MANAGEMENT SYSTEM

CCIT Journal ◽  
2015 ◽  
Vol 8 (2) ◽  
pp. 112-122
Author(s):  
Untung Rahardja ◽  
Qurotul Aini ◽  
Desi Sartika
Keyword(s):  
World Trade ◽  
Human Mobility ◽  
Content Management ◽  
Content Management System ◽  
Business World ◽  
Online Transactions ◽  
Goods And Services ◽  
Internet Users ◽  
The World ◽  
Product Delivery

Current world trade are no longer constrained by space and time. Human mobility is high demanding world trade is able to provide goods and services quickly in accordance with the request of the consumer. Advances in technology and a growing current of information increasingly make online sites provide such services in various fields, especially in the business world that leads to an online transaction activity.Online transactions is better known under the name of e-Commerce that links between the B2B, B2C, C2B, and P2P. Airzone is one form of a system that uses e-commerce as a medium to conduct business in the world of the internet by using the methodology of B2C. Internet users are growing in Indonesia, making the e-Commerce is increasingly required by the company to continue to develop its business activities. Thus Airzone is present in the world of e-commerce is to be able to update the implementation of e-commerce in favor of a business. E-commerce in the world of technology is important in running the buying and selling of companies and organizations, so that the existence of a system of e-commerce makes it easy for businesses to address the assessed transaction activity is still less effective and efficient. So that it can serve as a means of airzone for product development, promotion, online transactions, product delivery and after sales support that will mutually support each other to gain revenue and profit are better.

scholarly journals ILMU MENDIDIK TEORETIS: BIJAK DALAM BERMEDIA SOSIAL

MOTORIC ◽  
2018 ◽  
Vol 1 (1) ◽  
pp. 7
Author(s):  
Bustomi Arifin
Keyword(s):  
Social Media ◽  
Educational Science ◽  
Critical Attitude ◽  
The People ◽  
The World ◽  
Negative Impacts ◽  
Almost All ◽  
Key Terms ◽  
To Receive ◽  
Descriptive Method

Social media today is a medium that many access by almost all levels of society in Indonesia. This is because almost all levels of society can easily access social media. Ease in social media makes all the people of Indonesia easy to receive information from all over Indonesia and the world. Ease in accessing social media and the opening of information gates through social media encourages the birth of irresponsible elements by disseminating information that is inconsistent with the reality. The issue is growing rapidly among the people of Indonesia, it is given the lack of selective and critical attitude of the people of Indonesia in receiving information contained in social media. Negative impacts that may arise may arise related to selective and critical attitude in receiving information on social media is the diminution of national resilience values. The above issues become the basis of reference for authors in compiling this article. It uses the descriptive method of analysis by using an understanding that Prof. Driyakarna is theoretical educational science. It is expected to encourage Indonesian people to be more selective and critical of information spread across various social media. Key Terms: Social Media, Indonesian Society, Selective, Theoretical Educational Science

scholarly journals Factors influencing export of financial services

2012 ◽  
Vol 3 (4) ◽  
pp. 41-58
Author(s):  
Marija Lindemane ◽  
Ilmars Purins ◽  
Didzis Rutitis
Keyword(s):  
Financial Services ◽  
World Trade ◽  
Common Factors ◽  
Research Data ◽  
Economic Activities ◽  
Factors Influencing ◽  
The World ◽  
Mathematical Processing ◽  
Almost All ◽  
Side Result

Almost all countries in the world are involved in the world trade of financial services. However, whereas for most countries the export of financial services is only a side result of their foreign economic activities, for some countries it composes a constitutive source of income. The purpose of the current research is to determine the factors that influence the export of financial services thereby explaining the differences in geographic allocation of financial services export throughout the world. For achieving this purpose, such research methodology as analysis of selected literature on financial services, an expert survey, as well as mathematical processing of the obtained research data have been used. The  result of the research has reflected common factors, which according to the financial experts’ opinion have the most significant influence on any country's export of financial services.

scholarly journals Discourse of Fear and Economic Crisis: A Multimodal Analysis of Pakistani Newspaper’s Political Cartoons of COVID-19

2020 ◽  
Vol 6 (2) ◽  
pp. 35-45
Author(s):  
Fareeha Aazam ◽  
Tanveer Baig ◽  
Amna Azam ◽  
Zainab Azam
Keyword(s):  
Economic Crisis ◽  
Visual Features ◽  
Political Cartoons ◽  
Multimodal Analysis ◽  
The People ◽  
The Social ◽  
Editorial Cartoons ◽  
The World ◽  
Specific Meaning ◽  
The Masses

The study investigates COVID-19 language of fear and phobia in Pakistani newspaper's political cartoons. These cartoons are a powerful medium for visual communication of any current and significant scenario as one image depicts the whole story. The editorial cartoons are also used to convey a specific meaning behind visual features. The present study is mainly concerned with the coronavirus, which affected life all over the world, and it is observed how newspapers are reporting this pandemic through political cartoons. Data is collected from 'The Dawn' newspaper. The research is qualitative. Machin's (2007) multimodal analysis is adapted for data analysis. Images denote and connote to convey a specific meaning according to the social and historical contexts. The study reveals that these political cartoons disseminate fear and mental illness among the people. However, they are also mocking and criticizing the official authorities for the economic crisis by highlighting the financial problems of the masses, as they did not make the wise decisions on time to control this pandemic.

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