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Expert Journal of Economics
Number of Followers: 0  Open Access journalISSN (Online) 2359-7704 Published by Sprint Investify  [4 journals]
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- No title
Authors: Simona
Abstract: The purpose of this study is firstly to assess the impact of the Covid-19 pandemic on the South African economy and secondly, to explore the recovery prospects in the aftermath of the pandemic. The key macroeconomic variables include GDP, debt-to-GDP ratio and budget deficit/surplus. Publicly available secondary data with a time span from 2000 to 2022 are utilised. The study adopted a descriptive research design and conducted quantitative analyses. The results show that the biggest gap between government revenue and expenditure was recorded in 2020, as evidenced by the 10% of the budget deficit. The results also indicate that the debt-to-GDP ratio is way above the 60% threshold with a steeper positive slope, coupled with less encouraging economic growth, as evidenced by low GDP projections. Fiscal sustainability requires keeping the debt-to-GDP ratio in check over the medium term by limiting government expenditures and stimulating investment. The post Recovery Prospects of the South African Economy in the Aftermath of the Covid-19 Pandemic: Analyses of Key Macroeconomic Variables appeared first on Expert Journal of Economics.
PubDate: Mon, 07 Nov 2022 16:31:06 +000
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Authors: Simona
Abstract: The paper addresses, from a logical and epistemological perspective, the concept of order, in general, and the concept of economic order, in particular. For this purpose, the phenomenological "window" is used by which the subject (both cognitive and praxiological) knows or ”creates” economic objects. From the methodological point of view, the study proceeds, first, to identify the predicates of sufficiency that the concept of order implies. Next, an epistemological mechanism for the detection, putting into evidence, and qualification of an empirically given economic order is introduced and qualitatively examined. The paper is maintained within an abstract approach, following which subsequent research directions establish relevant classes of economic orders, both from an intellectual perspective (that is, who uses the subject's intellect) and from a praxiological one (that is, who uses the sensitive ”endowments” of the subject).The post An Epistemological Archaeology of the Concept of Economic Order appeared first on Expert Journal of Economics.
PubDate: Fri, 31 Dec 2021 18:56:09 +000
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Authors: Simona
Abstract: Compare prices of hotels and flights, analyze the score of the most famous restaurants in the area, find information about the customs of the inhabitants of the place we are going to visit or locate the location of the hotel on a map. These are just some of the actions that any traveler performs today before leaving for their destination. Social networks, geolocation applications, information search engines, price comparison websites or online travel agencies have given way to a new tourism scenario, one of the sectors that has best known how to take advantage of the possibilities offered by the digital universe.The post Tourism Digital Transformation – A Way to Overcome the Covid-19 Pandemic appeared first on Expert Journal of Economics.
PubDate: Thu, 30 Dec 2021 12:44:09 +000
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Authors: Simona
Abstract: This paper discusses the changes of Taiwan stock index futures’(TF) return rate before and during COVID-19, using the nonlinear regression model to compare the differences as the explanatory variables including the time variable, MSCI Morgan Taiwan index, and Taiwan stock price index (TAIEX). We find that the three kinds of return rates do not satisfy the Normal distribution assumption of regression analysis. Then we follow Wang and Lee (2019) to run nonlinear regression to find the optimal nonlinear estimators. There are three results. One is that the time variable can grab the oscillations of TF’s return rates before COVID-19 and the whole observation period. During COVID-19, the time variable did not display the oscillation effect of TF’s return rates. In contrast, MSCI Morgan Taiwan index’s return rates appeared the oscillation effect. Second, the return rates of TAIEX have invariable function form and coefficient sign. This implies that COVID-19 did not affect the positive association between the return rates of TF and TAIEX. The post Does COVID-19 Change the Relationship among Taiwan Stock Index Futures, MSCI Morgan Taiwan Index, and Taiwan Stock Price Index' appeared first on Expert Journal of Economics.
PubDate: Wed, 29 Dec 2021 20:28:13 +000
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Authors: Simona
Abstract: Switzerland is a federal state made up of twenty-six Cantons. This article studies the funding mechanisms of the Cantons and the solidarity they induce. The article is based on the rules and formula provided by the Swiss law and on calculations for the year 2020. This article highlights the redistributive character of the Swiss system of funding and even shows in some cases a paradox of revenues, some Cantons becoming wealthier than others which were initially wealthier. The post Funding of Swiss Cantons, Mechanisms and Solidarity appeared first on Expert Journal of Economics.
PubDate: Wed, 29 Dec 2021 20:21:25 +000
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Authors: Simona
Abstract: Small, Medium and Micro-sized Enterprises (SMMEs) in South Africa continue to endure economic challenges in spite of their entrepreneurial activities and potential for growth. The study’s purpose was to investigate the impact of business empowerment workshops on the growth of SMMEs towards radical economic transformation in a South African municipality. Small businesses continue to struggle in spite of being recognised as important contributors to growth in the country and have been on the national agenda since 1994. This study analysed the current state of small business in a particular municipality and examined initiatives to assist small businesses and their current obstacles, and what could be done to encourage small business growth. The study proposed to introduce ways on how growth could translate into improvements in the lives of workers and the community thereby reducing the unemployment rate in the province. There was a general agreement about funding opportunities becoming available after attending the workshops. A quantitative approach was utilised with the use of a survey questionnaire. One recommendation was the establishment of a special purpose fund invested through an insurance institution towards resuscitating SMMEs that face growth-related challenges.The post Impact of Business Empowerment Workshops on Growth of SMMEs towards Radical Economic Transformation appeared first on Expert Journal of Economics.
PubDate: Sun, 18 Apr 2021 21:28:59 +000
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Authors: Simona
Abstract: Early school leaving (ESL) is a topic of utmost importance at both European and national level, with significant social and economic implications. Young people who leave school can face a lack of jobs, social exclusion, poverty and health problems. The reasons for such a decision are complex, being a twinning of personal, social, economic, educational and family factors. In the context of the effects of the 2007-2008 economic and financial crisis, coupled with a number of long-term challenges such as globalization, demographic decline and pressure on resource use, the European Council adopted on 17 June 2010, a 10-year program entitled the Europe 2020 strategy. This program aims to create the optimal conditions for each Member State of the European Union to develop and achieve a high level of employment, productivity and social cohesion. One of the objectives set in the Europe 2020 strategy in the field of education is to reduce the early school leaving rate below 10% in the EU and 11.3% in Romania. In this article I want to answer the following questions: How is ESL defined in Romania' What are the factors that impact it' What are the main groups at risk of early school leaving in Romania' How has the ESL rate evolved in Romania in the last 10 years and what should the government do to prevent and reduce this phenomenon'The post Particularities of Early School Leaving in Romania appeared first on Expert Journal of Economics.
PubDate: Wed, 30 Dec 2020 16:21:39 +000
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Authors: Simona
Abstract: The term social entrepreneurship has a certain antiquity, dating back for almost three decades in literature, but it has gained its own place, becoming an economic, social and even global phenomenon due to top social entrepreneurs and to the existence of a coherent knowledge system. Entrepreneurship oscillates between traditional forms called commercial entrepreneurship and forms that target the social aspect, conventionally called social entrepreneurship. Reporting the social impact by companies to obtain organizational legitimacy and reflecting the ethical business model require the identification of reporting practices that lead to creative and adaptive reflection of companies' actions. Starting from these considerations, combining methods of scientometric analysis with those of systematic review of the literature, we aimed to identify and map the structural, temporal and geographical evolution of the concept of social entrepreneurship and its interconditioning with non-financial reporting. The post Scientometric Perspectives on the Concepts of Social Entrepreneurship and Non-Financial Reporting appeared first on Expert Journal of Economics.
PubDate: Mon, 28 Dec 2020 17:48:12 +000
- No title
Authors: Simona
Abstract: The main purpose of the article is to study revenue and expense management system on the government budget in Azerbaijan, the activities of Oil Fund (SOFAZ) and its place in budget transfers. In fact, some sectors have managed to maintain an acceptable level of efficiency, according to the circumstances, however, most showed some inefficient levels in the management of resources and at the same time, it was discovered that most of the state budget revenues (approx. 50%) are formed in the oil and gas sector which this does not allow for sustainable economic development. Research work has been carried out on the basis of systematic analysis and methods. The practical significance of the study is in the implementation of the set of measures proposed in the article. It is based on the evidence that the mechanism for the use of oil revenues in Azerbaijan will be improved and the effectiveness of long-term management for government expenditures is ensured. The post Analysis of State Revenues and Expenditures to Ensure Sustainable Development in Azerbaijan and Directions for their Improvement appeared first on Expert Journal of Economics.
PubDate: Tue, 08 Dec 2020 18:39:49 +000
- No title
Authors: Simona
Abstract: Countries pass through different stages of structural transformation. In the early stage of development, economic activity is dominated by agriculture and mining. As a country develops, firms adopt new technology and move toward industrialization and faster economic growth. Eventually, the society matures when political and economic institutions are well established, and the society moves towards mass consumption. In a matured economy, generally government interventions are replaced by privatizations in production and trade. Accordingly, international trade barriers are reduced as a country moves towards later stages of development. Recently the US government has moved against the trend by imposing tariffs on China’s imports. There is a literature on positive effects of trade liberalization and economic growth. Not unsurprisingly, the Chinese government retaliated by introducing tariffs on US produced goods. For the time being, the result of this trade war on US and China’s trade balance is unclear. However, this development has introduced excessive volatility and uncertainty in global financial markets.The post Trade Restrictions and Economic Development: A Study of the Effectiveness of Trade Barriers appeared first on Expert Journal of Economics.
PubDate: Sat, 11 Apr 2020 22:15:37 +000
