{"title":"Assessment of the Trend and Development of Regional Economy in Central Asia","authors":"Mihretab G. Ghebrezgabher, Temesghen E. Sereke","doi":"10.47341/21122","DOIUrl":"https://doi.org/10.47341/21122","url":null,"abstract":"Assessment the trend of regional economic development is significant to address the economic situation and developmental policy. This study assesses the regional economic development in Central Asia since 1992. Several developmental indicators were applied. The results demonstrated that the regional economy was gradually growing. Relatively, Kazakhstan, Uzbekistan and Turkmenistan enjoyed a rapid economic growth. Production of oil increased in Kazakhstan as exporting rose to China whereas declined in Uzbekistan – shifted to natural gas. Central Asia is moving gradually toward industrial and trade economic sector. Nevertheless, enormous natural resources were exported from Central Asia to China and Russia, and strong economic relationship was established with Europe, India and Algeria. Therefore, this research is significant for general understanding in economic growth of Central Asia, and it may be helpful for further studies.","PeriodicalId":257546,"journal":{"name":"Global Business & Economics Anthology","volume":"95 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114840895","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Determinants of Bilateral Trade Flows Between Vietnam and Trading Partner Countries – Gravity Model Approach","authors":"Lê Khương Ninh, Phan Anh Tu, Pham Thi Nhu Hao","doi":"10.47341/21129","DOIUrl":"https://doi.org/10.47341/21129","url":null,"abstract":"This study uses the gravity model to investigate the bilateral trade flows between Vietnam and 52 countries from 2001 through 2011. The data are collected from International Trade Centre (ITC), International Monetary Fund (IMF), and the World Bank (WB). The results show that economic size, geographical distance, economic distance, technological innovation, trade openness, free trade agreement, population, exchange rate, and common border affect the bilateral trade flows between Vietnam and these 52 countries. More importantly, this study uses the speed-of-convergence method to find new potential trading partners for Vietnam, such as those in Africa and Southwest Asia.","PeriodicalId":257546,"journal":{"name":"Global Business & Economics Anthology","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123653300","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Urban Education: High-Quality Education, the Economic Impact it Generates, and the Tragedy of Urban Education in the United States of America","authors":"S. Páez","doi":"10.47341/21128","DOIUrl":"https://doi.org/10.47341/21128","url":null,"abstract":"Education is an investment in improving the quality of life for individuals, and therefore benefiting society in general. Education in the United States of America exemplifies a correlation between the level of an individual's education, their salary level due to those academic qualifications, and the impact they generate within themselves, their families, society, and within the nation. This contemporary study of education in the U.S. shows how a community in an urban center of Massachusetts made fundamental changes to transform the education of its students who historically experienced school failure. This exceptional case of leadership and altruism was accomplished with intensive influence from the State Government. This case can be the basis for educational initiatives that can have relevance and social impact anywhere in the world. At a global level, we can see that a society with high levels of education, based on knowledge and academic training, stands out for the multiple opportunities that arise to obtain a higher quality of life. The outcomes of a good education are beneficial to the growth of an entire society. Societies benefit from advances in technological and economic fields, health systems, construction and accessible housing, industry, commerce, and even social security.","PeriodicalId":257546,"journal":{"name":"Global Business & Economics Anthology","volume":"110 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127976682","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Development Aid, Economic Growth Volatility and Poverty Volatility in Developing Countries","authors":"S. Gnangnon","doi":"10.47341/21121","DOIUrl":"https://doi.org/10.47341/21121","url":null,"abstract":"This article has analysed the effect of development aid flows on poverty volatility in developing countries, including through the economic growth volatility channel. Using a sample of 106 countries over the period 1980-2017, and the two-step system Generalized Methods of Moment (GMM) technique, the analysis has shown that development aid flows dampen the positive poverty volatility effect of economic growth volatility: the magnitude of the negative effect of development aid on poverty volatility rises as the degree of economic growth volatility increases. Additionally, development aid exerts a higher negative effect on poverty volatility as countries face higher poverty rates. These findings highlight the importance of development aid for stabilizing poverty rates.","PeriodicalId":257546,"journal":{"name":"Global Business & Economics Anthology","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133459495","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Perception of Greed and Unfairness","authors":"K. Cheung, Chong Ho Alex Yu","doi":"10.47341/21126","DOIUrl":"https://doi.org/10.47341/21126","url":null,"abstract":"In the past decade, interest in greed among empirical business scholars has emerged. It starts with the trailblazing attempt to analyze greed by Wang and Murnighan (2011), followed by the development of the Dispositional Greed Scale by Seuntjens et. al. (2015a, 2015b), which serves as a basis for the research done by Zhu et. al. (2019) and Bao et. al. (2020). However, since Seuntjens’ work, the overwhelming focus has been on greed as a disposition to “always want more and never being satisfied with what one currently has” (Seuntjens et. al., 2015b). Independently, Cheung (2019) proposed a more sophisticated philosophical analysis of greed, which argues that there are three dimensions of greed, and its dimension of unfairness has largely been neglected. This article reports on our investigation of that neglected dimension of greed. Our cross-cultural study (n=395) shows that when the rating of greediness was not very high, the perception of greed went hand in hand with the perception of unfairness, such that there was a positive linear association between the two. The demographics of the participants suggests that the sample is diverse enough to make a broad generalization. The result of this study confirms the conception of greed in Cheung (2019), which claims that the perception of unfairness, i.e., (2) above, is a significant component of perceived greed. Cheung’s account of greed can also explain the data when the rating of greediness is very high, but logically there could be other explanations.","PeriodicalId":257546,"journal":{"name":"Global Business & Economics Anthology","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133646575","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Unemployment and Current Account Imbalances in Nigeria","authors":"E. F. Okungbowa, Adesuwa O. Erediauwa","doi":"10.47341/gbea.20127","DOIUrl":"https://doi.org/10.47341/gbea.20127","url":null,"abstract":"This study explores the link that exists between unemployment and current account imbalances in Nigeria from 1980 to 2014. It adopted the ARDL bounds test approach. The result gave evidence for a long-run relationship between the variables and also revealed a significant and inverse relationship between current account surplus and unemployment. Showing that a 1% increase in current account balances in favour of export will lead to a drop in the unemployment rate by 0.117893%. This, therefore, implies that current account deficit will cause a fall in employment and in turn a rise in the unemployment rate. Consequently, current account deficit leads to wage differentials in favour of the exporting countries as against importing countries, like Nigeria, and as such triggers a high rate of unemployment. We strongly recommend diversification of the country’s export-base which may increase employment opportunities and in turn reduce the unemployment rate. Keywords: Unemployment, Employment, Current Account Balances, Balance of payment, Output growth","PeriodicalId":257546,"journal":{"name":"Global Business & Economics Anthology","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124810714","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"COVID 19 – Is this a Result of Population Growth – Was a Malthusian Catastrophe Inevitable?","authors":"C. Currie","doi":"10.47341/gbea.20124","DOIUrl":"https://doi.org/10.47341/gbea.20124","url":null,"abstract":"This article examines theories of population growth and puts forward a new economic growth model that would reduce the instance of natural disasters and pandemics. Keywords: Covid19, population growth, economic growth models","PeriodicalId":257546,"journal":{"name":"Global Business & Economics Anthology","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121585652","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Socio-Economic Implications of Novel Corona Virus Pandemic (COVID-19): The Indian Scenario","authors":"P. Thakur","doi":"10.47341/gbea.20125","DOIUrl":"https://doi.org/10.47341/gbea.20125","url":null,"abstract":"The global pandemic Covid-19 and its ill effects has created a fear all over the world. This novel virus has affected 216 countries across the globe. The number of confirmed cases and death are on the hype as per the daily reports by world health organisation and it has sparked an economic crisis. Due to self-isolation, social-distancing, restrictions on transportation services have put every sector of economy on downturn. The people in unorganised sectors are losing their jobs. The demand for manufactured goods and other commodities has been decreased. The demand for medical supplies and essential food items are on an increase. In this article, the socio-economic implications of Covid-19 on India has been summarized. Key Words: Corona Virus (Covid-19), Pandemic, Socio- Economic Implications & Indian Scenario","PeriodicalId":257546,"journal":{"name":"Global Business & Economics Anthology","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129605622","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}