OECD: The impact of the Covid-19 outbreak on economic (Presentation)chaganomics
The impact of the Covid-19 outbreak on economic prospects is severe Growth was weak but stabilising until the coronavirus Covid-19 hit. Restrictions on movement of people, goods and services, and containment measures such as factory closures have cut manufacturing and domestic demand sharply in China. The impact on the rest of the world through business travel and tourism, supply chains, commodities and lower confidence is growing.
Not a few countries that are experiencing stuttering when facing of the COVID-19pandemic, the high number of victims and the decline in the economy can be regarded as the state's stuttering in responding to the global health crisis. Stuttering that cannot be overcome has the potential to manifest as a failed state.
The COVID-19 pandemic not only caused numerous casualties in almost the entire world, but also caused a very fundamental global transformation, overhauled patterns of human interaction and relations between nations in the world system, and changed the increasingly loose direction of global geopolitics, making each country have sovereignty in looking at the urgency of global collaboration and collaboration. There are at least three transformations that will change the face of the world going forward, namely economic and trade transformation, and international relations and geostrategy.
The IMF also released the countries with the worst economic growth in 2020. Countries in Europe, Latin America, Africa and even the United States were included in the ranks of the list. This poor economic growth is parallel to the uncontrolled spread of the COVID-19 pandemic in these countries. Poor economic growth in 2020 is a form of stuttering in handling COVID-19.
Effects of Coronavirus Covid 19 on Tourist Industryijtsrd
The purpose of this research is to examine the impact of the coronavirus pandemic COVID 19 on the tourism industry and to find the tourism sector that will result from this pandemic. In the absence of a similar earlier research, this research is designed to be conducted in a courteous manner. The pilot research involved 103 travelers selected on a non probability basis. The findings suggest that the current COVID 19 pandemic is likely to affect travelers behavior in terms of human safety, economic costs, beliefs and attitudes. Finally, the main findings and practical implications of this research are described in terms of crisis management, and the direction of further study is presented based on the findings and limitations of this research. Nazarbek Kamudas | Ganzorig Myagmardorj "Effects of Coronavirus (Covid-19) on Tourist Industry" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-1 , December 2020, URL: https://www.ijtsrd.com/papers/ijtsrd38033.pdf Paper URL : https://www.ijtsrd.com/management/business-ethics/38033/effects-of-coronavirus-covid19-on-tourist-industry/nazarbek-kamudas
OECD: The impact of the Covid-19 outbreak on economic (Presentation)chaganomics
The impact of the Covid-19 outbreak on economic prospects is severe Growth was weak but stabilising until the coronavirus Covid-19 hit. Restrictions on movement of people, goods and services, and containment measures such as factory closures have cut manufacturing and domestic demand sharply in China. The impact on the rest of the world through business travel and tourism, supply chains, commodities and lower confidence is growing.
Not a few countries that are experiencing stuttering when facing of the COVID-19pandemic, the high number of victims and the decline in the economy can be regarded as the state's stuttering in responding to the global health crisis. Stuttering that cannot be overcome has the potential to manifest as a failed state.
The COVID-19 pandemic not only caused numerous casualties in almost the entire world, but also caused a very fundamental global transformation, overhauled patterns of human interaction and relations between nations in the world system, and changed the increasingly loose direction of global geopolitics, making each country have sovereignty in looking at the urgency of global collaboration and collaboration. There are at least three transformations that will change the face of the world going forward, namely economic and trade transformation, and international relations and geostrategy.
The IMF also released the countries with the worst economic growth in 2020. Countries in Europe, Latin America, Africa and even the United States were included in the ranks of the list. This poor economic growth is parallel to the uncontrolled spread of the COVID-19 pandemic in these countries. Poor economic growth in 2020 is a form of stuttering in handling COVID-19.
Effects of Coronavirus Covid 19 on Tourist Industryijtsrd
The purpose of this research is to examine the impact of the coronavirus pandemic COVID 19 on the tourism industry and to find the tourism sector that will result from this pandemic. In the absence of a similar earlier research, this research is designed to be conducted in a courteous manner. The pilot research involved 103 travelers selected on a non probability basis. The findings suggest that the current COVID 19 pandemic is likely to affect travelers behavior in terms of human safety, economic costs, beliefs and attitudes. Finally, the main findings and practical implications of this research are described in terms of crisis management, and the direction of further study is presented based on the findings and limitations of this research. Nazarbek Kamudas | Ganzorig Myagmardorj "Effects of Coronavirus (Covid-19) on Tourist Industry" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-1 , December 2020, URL: https://www.ijtsrd.com/papers/ijtsrd38033.pdf Paper URL : https://www.ijtsrd.com/management/business-ethics/38033/effects-of-coronavirus-covid19-on-tourist-industry/nazarbek-kamudas
The Philippines is currently facing one of the greatest challenges to its economy with the implementation of containment measures brought about by the Covid-19 pandemic. The enhanced community quarantine (ECQ) imposed by President Duterte was extended to May 15 on areas deemed still at high risk that includes the National Capital Region and nearby provinces in central and southern Luzon, considered the major business hubs of the country. There is no definite date in sight yet for the lifting of the lockdown and opening up the economy, as the government focuses on containing the virus and bringing the infection rate to lower levels. Premature lifting of the lockdown may have dire consequences as a second wave of infections could lead to a bigger toll on the economy.
The Debt Paradigm: in a covid-19 context - Presentation by Dr. Usman W. Chohan, Director, Economics & National Affairs, Centre for Aerospace & Security Studies (CASS). Delivered at Institute of Strategic Studies (ISSI).
THE IMPACT OF COVID-19 ON THE JORDANIAN ECONOMY AND ENTERPRISESectijjournal
This study investigates the impact of Covid-19 on Jordan's economic climate as well as Jordanian
enterprises. Starting with observing the procedures taken by the government of Jordan, then a discussion
and overview of the economic effect of the epidemic, and finally a discussion of the impact of COVID-19 on
enterprises in Jordan. The Results of this paper conclude that there is an economic impact of coronavirus
across the whole country. The impact is determined not only by the ramifications of the virus's spread on
the larger economy but also by the form of the government's reaction, which includes mobility restrictions
and other emergency measures, as well as Jordan's main development partners' support and the indirect
impacts caused by companies' responses to problems they have experienced, such as layoffs and wage
reductions to save expenses, when reporting repercussions. The study covers a period of two years from
2019 to 2020.
Along with the rest of the world, Bangladesh is preparing to undertake a range of measures to protect its population from the COVID-19 and its long-term socio-economic and humanitarian impacts.
Contemplating Covid 19 Economic Recovery and a Market Performance Comparison ...Niraj Singhvi
Maple Growth Partners is of the opinion that the economic recovery will likely be W-shaped, however, it all depends on the stricter/ longer government interventions during the course of the virus outbreak. We looked at the market performance during the prior outbreaks to understand the length of the virus impact on to the economy. Interestingly, all the previous major virus outbreaks occurred when the world was already dealing with some political/ economic adversities. We provided a gist of typical leading/lagging economic indicators to be cognizant of the ongoing market impact driven by Covid 19 outbreak. Lastly,
we also analyzed gold prices to see if there’s any shift in demand for this safe haven asset during periods of pandemic uncertainties.
The economic impact of covid 19 in bangladeshAriful Islam
I made the presentation for my university. I figured it would be a good idea to also share on Slide-share.
Checkout the video presentation: https://youtu.be/y0iI9CInHvA
#covid19 #economy #bangladesh
Project on Greece Crisis and Impact for Economic Environment of Business Renzil D'cruz
: Project on Greece Crisis and Impact for Economic Environment of Business
• financial crisis of 2007–2008
• Greek government-debt crisis
• Causes for deteriorated economic
• Tax evasion and corruption
• Unsustainable and accelerating debt-to-GDP ratios
• Impact of the Greece Economic Crisis on India
India’s Crisis Responses and Challenges
One of the most burning issues that have dominated the public sphere in Nigeria and other oil exporting countries is the covid-19 pandemic and its attendant challenges. This pandemic is a shock on real economic fundamentals and frictionless of the market. It introduces a barrier between the market forces with strong complementary feedbacks in the real economy. The absence of precise vaccine or medication for the virus has necessitated the adoption of several precautionary measures with the aim of containing its wide spread. Critical among which are the travel restrictions, lockdown measures as well as social and physical distancing. These measures have detrimental effect on the demand and price of oil in the international market. In view of that, this study evaluates the social and economic impact of covid-19 in Nigeria taking into cognisance the effect on certain critical macroeconomic indicators. The study adopted an analytical approach to supplement the much ongoing documentations on the subject matter. Result shows that virtually all essential macroeconomic indicators are grossly affected with tax, remittances and employment exhibiting severe consequences. Also, uncertainty, panics and lockdown measures are key to motivating higher decrease in world demand. The supply disruptions and huge death toll generates a heightened uncertainty and panic for household and business. This uncertainty and panic leads to drop in consumption and investment thereby causing a decrease in corporate cash flows and triggered firm’s bankruptcy. Also, lay-off and exiting firms produce higher unemployment while labour income decreased significantly. Since it entails a large amount of government expenditure especially in the health sector which is required to contain the spread of the virus, there is needs for government to diversify its revenue sources and thus drop over dependency on the oil remittance. Furthermore, there is a need to support the financial system to avoid the health crisis becoming a financial crisis in the long-run.
Post Covid19 lockdown One can Invest in these Emerging business.Utkarsh Mishra
Over here we will discuss the list of industries in which a company can invest and work upon to do some damage control took place because of COVID-19 situation not only in India but also in other countries. Also on other hand if we talk about these industries are one of emerging industries in the upcoming market.
Investors have grown accustomed to putting money in the stock market and seeing it grow. But, there are investment risks 2021 poses that may change that. And, the recent Covid-19 mutation in the UK reminds us that nothing is secure in the world of infectious diseases and their effects on the economy. After taking into consideration investment risks 2021 may still be a good year but as bit of foresight might be a good idea.
https://youtu.be/CzjYWBcKjOU
An Ipsos survey of citizens of nine European Union countries finds most people hold the Greek government responsible for the ongoing debt crisis. Some 88% say the Greek government is a great deal, or a fair amount, to blame for the crisis –rising to 94% among German respondents. The German government was mentioned by 46%, attracting less blame than the Greek populace, the IMF and the European Commission overall.
The economies are integrate with each other and nations need cooperation and coordination among themselves to overcome the economic crisis. Moreover, the nations should co-operate, coordinate and help each other to fight against Coronavirus. Subject to immediate relief from pandemic, the economic recovery from this fatal disease is only possible by 2021. It has already left severe impacts on the global economy and the countries face multiple difficulties to bring it back in a stable condition.
Running head IMPACT OF COVID 19 ON TOURSIM INDUSTRY OF UAE1.docxwlynn1
Running head: IMPACT OF COVID 19 ON TOURSIM INDUSTRY OF UAE1
IMPACT OF COVID 19 ON TOURSIM INDUSTRY OF UAE 5
IMPACT OF COVID 19 ON TOURSIM INDUSTRY OF UAE
STUDENT’S NAME
PROFESSOR’S NAME
COLLEGE
DATE
Abstract
The major source of economic stabilization in Middle East countries is oil production and export. The recent pandemic is causing turbulence to the economies of the Middle East region. A sudden drop in domestic and external demand for goods and products especially crude oil, downfall in the crude oil prices, halts in the production due to labor shortage are some of the major impacts observed in the region. Additionally, falling consumer confidence coupled with the tightened financial condition is also decreasing the economic activities in the region. The World Travel and Tourism Council have warned the COVID-19 pandemic could cut 50 million jobs worldwide in the travel and tourism industry.Once the outbreak is over, it could take up to 10 months for the industry to recover. The tourism industry currently accounts for 10% of global GDP. The UAE economy derives much from its tourism industry. Studies project the travel and tourism industry will contribute about Dh312.4 billion to the UAE’s GDP by 2027. It is apparent that the industry and its employees are the backbone of the economy. But if businesses in this industry don’t receive immediate aid from the government, the chances of them surviving the coronavirus outbreak are slim even though they were growing at a commendable rate before the outbreak (Hill, 2020). The corona virus epidemic is putting up to 50 million jobs in the global travel and tourism sector at risk, with travel likely to slump by a quarter this year. The United Arab Emirates has implemented a travel ban on non-Emiratis residents, reduced customs fees and municipality fees, cut interest rates and is rolling out a $27 billion stimulus package to attempt to reduce the impact of the corona virus on the economy. With tens of thousands infected across the region and thousands of lives lost, it is clear that Covid-19 will exacerbate governance failures, sectarianism, tensions between secularists and Islamists, and deepens economic cleavages within and between the states. The United Arab Emirates began implementing social distancing measures whilst the virus was still at its infancy.
The impact would be felt most on the economic front as capital markets tumble, tourists evaporate in the midst of a ban on flights and lockdowns, and oil prices contract. Chinese buyers are involved in a significant portion of real estate transactions in the UAE. With China still recovering from the virus, these Chinese buyers have postponed making new purchases. Given the vast economy of UAE with its glut of property, even before the virus, this city-state is confronting economic catastrophe. With the UAE cancelling its Expo 2020and Saudi Arabia not allowing the annual haj pilgrimage to take place, hundreds of millions of dollars were lo.
The Philippines is currently facing one of the greatest challenges to its economy with the implementation of containment measures brought about by the Covid-19 pandemic. The enhanced community quarantine (ECQ) imposed by President Duterte was extended to May 15 on areas deemed still at high risk that includes the National Capital Region and nearby provinces in central and southern Luzon, considered the major business hubs of the country. There is no definite date in sight yet for the lifting of the lockdown and opening up the economy, as the government focuses on containing the virus and bringing the infection rate to lower levels. Premature lifting of the lockdown may have dire consequences as a second wave of infections could lead to a bigger toll on the economy.
The Debt Paradigm: in a covid-19 context - Presentation by Dr. Usman W. Chohan, Director, Economics & National Affairs, Centre for Aerospace & Security Studies (CASS). Delivered at Institute of Strategic Studies (ISSI).
THE IMPACT OF COVID-19 ON THE JORDANIAN ECONOMY AND ENTERPRISESectijjournal
This study investigates the impact of Covid-19 on Jordan's economic climate as well as Jordanian
enterprises. Starting with observing the procedures taken by the government of Jordan, then a discussion
and overview of the economic effect of the epidemic, and finally a discussion of the impact of COVID-19 on
enterprises in Jordan. The Results of this paper conclude that there is an economic impact of coronavirus
across the whole country. The impact is determined not only by the ramifications of the virus's spread on
the larger economy but also by the form of the government's reaction, which includes mobility restrictions
and other emergency measures, as well as Jordan's main development partners' support and the indirect
impacts caused by companies' responses to problems they have experienced, such as layoffs and wage
reductions to save expenses, when reporting repercussions. The study covers a period of two years from
2019 to 2020.
Along with the rest of the world, Bangladesh is preparing to undertake a range of measures to protect its population from the COVID-19 and its long-term socio-economic and humanitarian impacts.
Contemplating Covid 19 Economic Recovery and a Market Performance Comparison ...Niraj Singhvi
Maple Growth Partners is of the opinion that the economic recovery will likely be W-shaped, however, it all depends on the stricter/ longer government interventions during the course of the virus outbreak. We looked at the market performance during the prior outbreaks to understand the length of the virus impact on to the economy. Interestingly, all the previous major virus outbreaks occurred when the world was already dealing with some political/ economic adversities. We provided a gist of typical leading/lagging economic indicators to be cognizant of the ongoing market impact driven by Covid 19 outbreak. Lastly,
we also analyzed gold prices to see if there’s any shift in demand for this safe haven asset during periods of pandemic uncertainties.
The economic impact of covid 19 in bangladeshAriful Islam
I made the presentation for my university. I figured it would be a good idea to also share on Slide-share.
Checkout the video presentation: https://youtu.be/y0iI9CInHvA
#covid19 #economy #bangladesh
Project on Greece Crisis and Impact for Economic Environment of Business Renzil D'cruz
: Project on Greece Crisis and Impact for Economic Environment of Business
• financial crisis of 2007–2008
• Greek government-debt crisis
• Causes for deteriorated economic
• Tax evasion and corruption
• Unsustainable and accelerating debt-to-GDP ratios
• Impact of the Greece Economic Crisis on India
India’s Crisis Responses and Challenges
One of the most burning issues that have dominated the public sphere in Nigeria and other oil exporting countries is the covid-19 pandemic and its attendant challenges. This pandemic is a shock on real economic fundamentals and frictionless of the market. It introduces a barrier between the market forces with strong complementary feedbacks in the real economy. The absence of precise vaccine or medication for the virus has necessitated the adoption of several precautionary measures with the aim of containing its wide spread. Critical among which are the travel restrictions, lockdown measures as well as social and physical distancing. These measures have detrimental effect on the demand and price of oil in the international market. In view of that, this study evaluates the social and economic impact of covid-19 in Nigeria taking into cognisance the effect on certain critical macroeconomic indicators. The study adopted an analytical approach to supplement the much ongoing documentations on the subject matter. Result shows that virtually all essential macroeconomic indicators are grossly affected with tax, remittances and employment exhibiting severe consequences. Also, uncertainty, panics and lockdown measures are key to motivating higher decrease in world demand. The supply disruptions and huge death toll generates a heightened uncertainty and panic for household and business. This uncertainty and panic leads to drop in consumption and investment thereby causing a decrease in corporate cash flows and triggered firm’s bankruptcy. Also, lay-off and exiting firms produce higher unemployment while labour income decreased significantly. Since it entails a large amount of government expenditure especially in the health sector which is required to contain the spread of the virus, there is needs for government to diversify its revenue sources and thus drop over dependency on the oil remittance. Furthermore, there is a need to support the financial system to avoid the health crisis becoming a financial crisis in the long-run.
Post Covid19 lockdown One can Invest in these Emerging business.Utkarsh Mishra
Over here we will discuss the list of industries in which a company can invest and work upon to do some damage control took place because of COVID-19 situation not only in India but also in other countries. Also on other hand if we talk about these industries are one of emerging industries in the upcoming market.
Investors have grown accustomed to putting money in the stock market and seeing it grow. But, there are investment risks 2021 poses that may change that. And, the recent Covid-19 mutation in the UK reminds us that nothing is secure in the world of infectious diseases and their effects on the economy. After taking into consideration investment risks 2021 may still be a good year but as bit of foresight might be a good idea.
https://youtu.be/CzjYWBcKjOU
An Ipsos survey of citizens of nine European Union countries finds most people hold the Greek government responsible for the ongoing debt crisis. Some 88% say the Greek government is a great deal, or a fair amount, to blame for the crisis –rising to 94% among German respondents. The German government was mentioned by 46%, attracting less blame than the Greek populace, the IMF and the European Commission overall.
The economies are integrate with each other and nations need cooperation and coordination among themselves to overcome the economic crisis. Moreover, the nations should co-operate, coordinate and help each other to fight against Coronavirus. Subject to immediate relief from pandemic, the economic recovery from this fatal disease is only possible by 2021. It has already left severe impacts on the global economy and the countries face multiple difficulties to bring it back in a stable condition.
Running head IMPACT OF COVID 19 ON TOURSIM INDUSTRY OF UAE1.docxwlynn1
Running head: IMPACT OF COVID 19 ON TOURSIM INDUSTRY OF UAE1
IMPACT OF COVID 19 ON TOURSIM INDUSTRY OF UAE 5
IMPACT OF COVID 19 ON TOURSIM INDUSTRY OF UAE
STUDENT’S NAME
PROFESSOR’S NAME
COLLEGE
DATE
Abstract
The major source of economic stabilization in Middle East countries is oil production and export. The recent pandemic is causing turbulence to the economies of the Middle East region. A sudden drop in domestic and external demand for goods and products especially crude oil, downfall in the crude oil prices, halts in the production due to labor shortage are some of the major impacts observed in the region. Additionally, falling consumer confidence coupled with the tightened financial condition is also decreasing the economic activities in the region. The World Travel and Tourism Council have warned the COVID-19 pandemic could cut 50 million jobs worldwide in the travel and tourism industry.Once the outbreak is over, it could take up to 10 months for the industry to recover. The tourism industry currently accounts for 10% of global GDP. The UAE economy derives much from its tourism industry. Studies project the travel and tourism industry will contribute about Dh312.4 billion to the UAE’s GDP by 2027. It is apparent that the industry and its employees are the backbone of the economy. But if businesses in this industry don’t receive immediate aid from the government, the chances of them surviving the coronavirus outbreak are slim even though they were growing at a commendable rate before the outbreak (Hill, 2020). The corona virus epidemic is putting up to 50 million jobs in the global travel and tourism sector at risk, with travel likely to slump by a quarter this year. The United Arab Emirates has implemented a travel ban on non-Emiratis residents, reduced customs fees and municipality fees, cut interest rates and is rolling out a $27 billion stimulus package to attempt to reduce the impact of the corona virus on the economy. With tens of thousands infected across the region and thousands of lives lost, it is clear that Covid-19 will exacerbate governance failures, sectarianism, tensions between secularists and Islamists, and deepens economic cleavages within and between the states. The United Arab Emirates began implementing social distancing measures whilst the virus was still at its infancy.
The impact would be felt most on the economic front as capital markets tumble, tourists evaporate in the midst of a ban on flights and lockdowns, and oil prices contract. Chinese buyers are involved in a significant portion of real estate transactions in the UAE. With China still recovering from the virus, these Chinese buyers have postponed making new purchases. Given the vast economy of UAE with its glut of property, even before the virus, this city-state is confronting economic catastrophe. With the UAE cancelling its Expo 2020and Saudi Arabia not allowing the annual haj pilgrimage to take place, hundreds of millions of dollars were lo.
The COVID-19 pandemic has given the biggest blow to the world economy after the great depression
1930s.Around 60% of the world population is either under severe or partial lockdown without having medical
solution to the coronavirus and affected the industrial sector severely.The impact is severe on
trade,manufacturing and MSMEs.Manufacturing sector may shrink from 5.5%to 20%,exports from 13.7% to
20.8%,imports from 17.3% to25%and MSMEs net value added (NVA) from 2.1%to5.7% in 2020
Economic impact of COVID-19 lock down on small medium enterprise (smes) in la...SubmissionResearchpa
The effect of COVID-19 has negative consequence which has been an invisible enemy raging the entire world populace leading to a global economic crisis. Business across the globe are feeling the negative outcome of the COVID 19 pandemic threatening their ongoing economic daily activities. SMEs in Nigeria are not left out in the share of this negative pandemic, limiting their survival existence. The shutdown of economic activities has greatly affected SMEs in Nigeria. This has led to employees under SMEs lose their jobs. It was concluded that adequate measures needs to be taken by government to cushion the negative effect of COVID 19 in collapsing the existence of SMEs. by Aribisala, and Oluwadamilare Olufolarin 2020. Economic impact of COVID-19 lock down on small medium enterprise (smes) in lagos state. International Journal on Integrated Education. 3, 7 (Jul. 2020), 62-68. DOI:https://doi.org/10.31149/ijie.v3i7.490. https://journals.researchparks.org/index.php/IJIE/article/view/490/467 https://journals.researchparks.org/index.php/IJIE/article/view/490
Global economic outlook due to covid 19M S Siddiqui
Global coordination and cooperation-of the measures needed to slow the spread of the pandemic, and of the economic actions needed to alleviate the economic damage, including international support-provide the greatest chance of achieving public health goals and enabling a robust global recovery.
IMF World Economic Outlook - April 2020 (as updated by June 2020 Forecast)DVSResearchFoundatio
Key Takeaways:
- Global Prospects and Policies
- Deep Downturn in 2020 and Uncertain Recovery in 2021
- Policy Tracker on Responses to COVID-19
- Commodity Market Development and Forecasts
- Global Government Debt and Fiscal Deficits
Impact of Pandemic & Geo-Political Risks on Tourism.pdfKritikaDutta4
Tourism plays a more vital role in a country’s GDP and Economic growth than we give it credit for. Countries which provide extra-ordinary tourism experiences attract higher Foreign Direct Investment, indirectly creating several job opportunities, resulting in higher revenues and over-all progress of the nation through the income transfer between a developed nation to a developing one. This is a step towards balancing out the inequality in income levels between several countries. Several policy-makers, as well as many hotel management companies in India, have started to shift their focus on improving the tourism sector due to its several economic benefits. It should not come as a surprise that countries with a developed tourism sector attract a higher influx of tourists and hospitality business investors than those countries with a weak tourism sector or prevailing risks in the said industry. The same is usually treated as a principle by the hospitality consultants across the globe for taking big-picture decisions.
Read more here - https://www.promiller.in/post/impact-of-pandemic-on-hospitality-industry-in-india
Impact of Pandemic & Geo-Political Risks on Tourism.pdfKritikaDutta4
Tourism plays a more vital role in a country’s GDP and Economic growth than we give it credit for. Countries which provide extra-ordinary tourism experiences attract higher Foreign Direct Investment, indirectly creating several job opportunities, resulting in higher revenues and over-all progress of the nation through the income transfer between a developed nation to a developing one. This is a step towards balancing out the inequality in income levels between several countries. Several policy-makers, as well as many hotel management companies in India, have started to shift their focus on improving the tourism sector due to its several economic benefits. It should not come as a surprise that countries with a developed tourism sector attract a higher influx of tourists and hospitality business investors than those countries with a weak tourism sector or prevailing risks in the said industry. The same is usually treated as a principle by the hospitality consultants across the globe for taking big-picture decisions.
Read more here - https://www.promiller.in/post/impact-of-pandemic-on-hospitality-industry-in-india
Similar to Coronavirus impact on global economy (20)
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
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Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
2. Introduction
The world economy or global economy is the economy of all humans of the world,
considered as the international exchange of goods and services that is expressed in
monetary units of account.
The following list the country groups with individual countries having major
economies designated by IMF
3. Impact of Coronavirus on World Economy
“The analysis by the UN Department of Economic and Social Affairs (DESA) said the
COVID-19 pandemic is disrupting global supply chains and international trade”.
The global economy could shrink by up to 1 per cent in 2020 due to the coronavirus
pandemic, a reversal from the previous forecast of 2.5 per cent growth.
Taking into account rapidly changing economic conditions, the UN DESA's World
Economic Forecasting Model has estimated best and worst-case scenarios for global
growth in 2020
4. Impact of Coronavirus on World Economy
Best Case Scenario:
with moderate declines in private consumption, investment and exports and offsetting
increases in government spending in the G-7 countries and China – global growth would fall to
1.2 per cent in 2020.
Worst Case Scenario:
the global output would contract by 0.9 per cent - instead of growing by 2.5 per cent - in
2020," it said, adding that the scenario is based on demand-side shocks of different magnitudes
to China, Japan, South Korea, the US and the EU, as well as an oil price decline of 50 per cent
against our baseline of USD 61 per barrel.
5. Impact of Coronavirus on World Economy
Factors
Major
Economies
Movement
of People
Fiscal
policy
According to the forecast, lockdowns in Europe and
North America are hitting the service sector hard,
particularly industries that involve physical interactions
such as
Global manufacturing production could contract
significantly, and the plummeting number of travelers
is likely to hurt the tourism sector in small island
developing States, which employs millions of low-
skilled workers," it said.
6. Overview of World Output projection
0
0.5
1
1.5
2
2.5
3
3.5
4
World Economy Estimated World Economy Projection Advanced Economies Estimated Advanced Economies Projections
2018
2019
2020
2021
Source: IMF https://www.imf.org/en/Publications/WEO/Issues/2020/01/20/weo-update-january2020
7. Impact of Coronavirus on World Economy
Consequences are more permanently negative for industries reliant on ever-
growing long distance travel. The International Air Transport Association said
on 5 March that the 2020 revenue loss for the sector could be between $63
billion and $113 billion. That was before the latest round of travel restrictions.
However, there will also be investment opportunities. Remote working software,
video conferencing technology, better employee personal technology, etc,
will all experience greater demand. For example, the chart on next slide shows the
spike in downloads of the video conferencing app Zoom at the end of February.
8. Impact of Coronavirus on World Economy
Conclusion:
It is quite possible that 2020 will mark
the inflection point where the
corporate sector realizes that it can do
more with less travel. In that respect,
getting used to virtual meetings and
the immense productivity gains it can
bring will be a positive side-effect of
the crisis response.