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Economies, Volume 13, Issue 5

2025 May - 32 articles

Cover Story: In what ways does resilience matter in crises? The COVID-19 pandemic affected the economy through lockdowns and other health mitigation policies. This necessitates considering workplace sustainability as a dominant indicator of resilience regarding the COVID-19 outbreak, despite empirical evidence suggesting the amplifying impact of corporate finance on workplace resilience and macroeconomic sensitivity to the shock of COVID-19. The absence of any other major crises in this period allows the quantification of the influence of COVID-19-related firms’ financial status. The pricing effect of such an interaction is relevant when firms have different levels of exposure to such a disaster and investors expect even more returns for low-resilience firms as pandemics trigger cash flows. View this paper
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Articles (32)

  • Article
  • Open Access
17 Citations
14,211 Views
38 Pages

The adoption of artificial intelligence by enterprises in the EU countries increased significantly between 2021 and 2024, but the recorded values were uneven and very small. This study analyzed the main characteristics of the artificial intelligence...

(This article belongs to the Topic Recent Applications of Artificial Intelligence in Economy and Society)
  • Article
  • Open Access
2 Citations
2,697 Views
21 Pages

Does the Urban Productive Safety Net Programme Alleviate Food Insecurity and Improve Education? Evidence from Tigray, Ethiopia

  • Yibrah Hagos Gebresilassie,
  • Gebremeskel Berhane Tesfay,
  • Tekeleweyni Hadush Abay and
  • Sakhile Mpungose

This study examines the effects of the urban productive safety net programme (uPSNP) on urban households’ food insecurity (FIN) and children’s school attendance in Tigray, Ethiopia. Data were collected from 333 urban households between Au...

  • Article
  • Open Access
1 Citations
4,306 Views
23 Pages

Over the past decade, the debate on the microeconomic effects of financial inclusion has intensified, with a growing body of research exploring how access to financial services impacts banks’ behaviors. Studying the effect of financial inclusio...

  • Article
  • Open Access
1 Citations
3,051 Views
17 Pages

Poverty is a global problem associated with deprivation; it is marked by the lack of access to the minimum social needs for people’s integration and well-being. This work aims to measure the relationships between multidimensional poverty and un...

(This article belongs to the Section Economic Development)
  • Article
  • Open Access
5 Citations
2,915 Views
16 Pages

This study explores the dynamics of marketing agricultural products in the coastal regions of the Eastern Cape, South Africa, through an analysis of existing literature and empirical data collected from selected participants to model farmers’ m...

(This article belongs to the Topic Efficient and Sustainable Agricultural Resource Use: Advances in Research Methods and Applications)
  • Article
  • Open Access
8 Citations
10,041 Views
18 Pages

Digital Payments Trust in Latin America and the Caribbean

  • Jeniffer Rubio and
  • Ana Belén Tulcanaza-Prieto

The adoption of electronic payments has increased globally, driving economic growth by enabling smoother transactions. Digital payments enhance speed, security, trust, and efficiency, prompting governments to implement policies that promote financial...

  • Article
  • Open Access
3 Citations
8,487 Views
24 Pages

In the aftermath of global financial crises and amid increasing complexity in banking operations, understanding and managing various types of risk—especially liquidity, credit, and solvency risks—has become a global concern for financial...

(This article belongs to the Section Macroeconomics, Monetary Economics, and Financial Markets)
  • Article
  • Open Access
1 Citations
4,764 Views
21 Pages

Understanding the drivers of regional economic growth requires examining the mesoeconomic conditions that influence the ability of small firms to scale. This study investigates how the local composition of firms—by size and sector—along w...

(This article belongs to the Special Issue Studies on Factors Affecting Economic Growth)
  • Article
  • Open Access
4 Citations
3,058 Views
23 Pages

This study uses a computable general equilibrium (CGE) model to analyze the impact of skilled and semi-skilled labor supply shocks on the Ethiopian economy and sectoral outputs. The study examines three policy scenarios: a 10% increase, a 15% increas...

(This article belongs to the Special Issue Human Capital Development in Africa)
  • Article
  • Open Access
3 Citations
3,924 Views
28 Pages

The changes in market structures in post-socialist economies have led to a significant increase in interest in the dynamics of corporate concentration and its broader socio-economic impacts. This study aimed to assess Hungary’s food industry ov...

  • Article
  • Open Access
3 Citations
3,824 Views
27 Pages

The COVID-19 pandemic has had an enormous economic impact on society. One of the little-known links is the impact of the pandemic on corporate social responsibility. The main aim of this research was to compare the situation before and during the pan...

  • Article
  • Open Access
20 Citations
13,116 Views
25 Pages

The modern world is confronting interconnected challenges, such as achieving sustainable health system financing for poverty reduction, amid limited guidance for stakeholders. Adhering to SDG-3 guidelines for good health and well-being could aid in a...

(This article belongs to the Special Issue Public Health Emergencies and Economic Development)
  • Article
  • Open Access
1 Citations
2,520 Views
18 Pages

This study addresses the gap in adequate innovation-measuring frameworks within the Andean Community of Nations (CAN) by analyzing the applicability of the CRI (Capabilities, Results, and Impacts of Innovation) model for assessing the organizational...

(This article belongs to the Section Economic Development)
  • Article
  • Open Access
9 Citations
11,059 Views
27 Pages

The Labour Market in Kazakhstan Under Conditions of Active Transformation of Their Economy

  • Ansagan Beisembina,
  • George Abuselidze,
  • Begzat Nurmaganbetova,
  • Gulnur Kabakova and ,
  • Aigul Makenova and
  • Ainash Nurgaliyeva
  • + 1 author+ 0 author

Continuous transformations, which have been observed more and more in recent years, require an increase in the effectiveness of measures in the state regulation of the labour market, which is possible only with a clear understanding and realistic ass...

  • Article
  • Open Access
2,904 Views
18 Pages

This research aimed to better understand the impact of a mother’s work on girls’ and boys’ school progression at the end of primary school in Senegal. The observed correlations between a child’s educational success and the mot...

(This article belongs to the Special Issue Human Capital Development in Africa)
  • Review
  • Open Access
3 Citations
4,089 Views
24 Pages

Artificial intelligence (AI) is a field of strategic interest for both the European Union (EU) and its member states, which are making significant efforts to develop and implement AI in a way that is economically and socially beneficial, as well as e...

(This article belongs to the Special Issue Digital Transformation in Europe: Economic and Policy Implications)
  • Article
  • Open Access
2 Citations
7,222 Views
24 Pages

On the Weak Impact of Base Money on Broad Money in the Context of Unconventional Monetary Policy: Euro Area 2008–2024

  • Carlos Pateiro-Rodríguez,
  • Federico Martín-Bermúdez,
  • Esther Barros-Campello and
  • Carlos Pateiro-López

In its response to the economic and financial crises of 2008, the sovereign debt and euro crisis of 2010–2015, and the COVID-19 pandemic of 2020–2023, the European Central Bank (ECB) implemented an unconventional monetary policy aimed at...

(This article belongs to the Special Issue Monetary Policy and Central Banking: Challenges in the Current Environment)
  • Article
  • Open Access
9 Citations
3,611 Views
16 Pages

Energy poverty is a significant barrier to sustainable development, limiting access to modern energy solutions and exacerbating socioeconomic inequalities in South Africa. This research identifies key socioeconomic factors contributing to energy pove...

(This article belongs to the Section Economic Development)
  • Article
  • Open Access
3 Citations
7,903 Views
21 Pages

This study examines the asymmetric effects of foreign worker employment and low educational attainment on labor productivity across Malaysia’s three main economic sectors—agriculture, industry, and services—from 1991 to 2019 using t...

(This article belongs to the Special Issue Economics of Migration)
  • Article
  • Open Access
7 Citations
3,322 Views
20 Pages

The impact of intellectual capital on green innovation has been extensively studied at the firm level. However, the influence of moderating factors on this dynamic at the national level remains underexplored in previous studies. This study examines t...

  • Article
  • Open Access
4 Citations
3,573 Views
22 Pages

While the impact of trade openness on economic growth has been widely studied, its effect on township economies remains underexplored. In view of this empirical gap, this study examines the impact of trade openness proxied by export intensity on the...

(This article belongs to the Special Issue Economic Development in the Digital Economy Era)
  • Article
  • Open Access
6 Citations
3,559 Views
27 Pages

In contemporary times, energy sustainability and security have become essential economic concerns globally. Nonetheless, in addition to these concerns, inadequate governance inside a corporation within the energy industry may result in corruption and...

(This article belongs to the Section Economic Development)
  • Article
  • Open Access
2 Citations
3,591 Views
35 Pages

The COVID-19 pandemic potentially affected stock prices in two non-mutually exclusive ways: discount rates and cash flows. This paper focuses on the latter and analyzes it through the lens of an asset-pricing model. It shows how workplace resilience...

(This article belongs to the Special Issue Economics after the COVID-19)
  • Article
  • Open Access
2,568 Views
11 Pages

In this paper, the Balassa–Samuelson–Tariffi effect is revisited. This research first aims to explain that the behaviour of the real exchange rate shows structural breaks in the short term. A partial equilibrium model “á la R...

(This article belongs to the Special Issue Exchange Rates: Drivers, Dynamics, Impacts, and Policies)
  • Article
  • Open Access
6 Citations
8,125 Views
20 Pages

The link between financial inclusion and financial stability is a central concern in public economic policymaking, particularly in emerging countries where access to financial services remains limited. While financial inclusion is widely regarded as...

(This article belongs to the Special Issue Financial Market Volatility under Uncertainty)
  • Article
  • Open Access
3 Citations
4,567 Views
23 Pages

Postal services have re-emerged across numerous emerging economies worldwide as essential logistics providers, harnessing their vast coverage and dependability in the face of expanding e-commerce platforms and technological innovations. This study in...

(This article belongs to the Special Issue The Asian Economy: Constraints and Opportunities)
  • Article
  • Open Access
6 Citations
5,152 Views
21 Pages

This study aims to analyze the impact of government and external health spending on OOPHE across 30 SSA countries from 1995 to 2021. Using advanced econometric techniques, including the cross-sectionally augmented autoregressive distributed Lags (CS-...

  • Article
  • Open Access
8 Citations
5,513 Views
21 Pages

Energy efficiency potentially reduces global carbon emissions, whereas the need of emerging countries to maintain economic growth and development entails a sharp increase in energy consumption. However, to meet this, current energy systems need to be...

(This article belongs to the Special Issue Energy Consumption, Financial Development and Economic Growth)
  • Article
  • Open Access
4 Citations
3,529 Views
27 Pages

This paper aims to test the hypothesis of the existence of significant tax competition between communes, which mainly concerns the share of value-added tax (VAT) proceeds, by exploring the system for allocating intergovernmental transfers in Morocco...

  • Article
  • Open Access
3 Citations
3,737 Views
25 Pages

Effect of COVID-19 on Catastrophic Medical Spending and Forgone Care in Nigeria

  • Henry Chukwuemeka Edeh,
  • Alexander Uchenna Nnamani and
  • Jane Oluchukwu Ozor

In this study, we provide the first estimates of the effect of COVID-19 (COVID-19 legal restrictions) on catastrophic medical expenditure and forgone medical care in Africa. Data for this study were drawn from the 2018/19 Nigeria General Household Su...

(This article belongs to the Special Issue Human Capital Development in Africa)
  • Article
  • Open Access
2 Citations
3,063 Views
20 Pages

This study estimates the labor market returns to non-cognitive skills among the youth under 30 years old during the early career stage. Using data from the Russian Longitudinal Monitoring Survey (RLMS-HSE) for 2016 and 2019, it examines the effects o...

(This article belongs to the Section Labour and Education)
  • Article
  • Open Access
2 Citations
2,864 Views
15 Pages

The Impact of Macroeconomic Factors on Mortality from Non-Communicable Diseases: Evidence from Azerbaijan

  • Mayis Gulaliyev,
  • Masim Abadov,
  • Vugar Gapagov,
  • Irada Mehdiyeva and
  • Jeyhun Mahmudov

The empirical findings of this study suggest a significant long-term relationship between the probability of mortality due to non-communicable diseases (NCDs) among individuals aged 30–70 in Azerbaijan and key economic and social indicators, in...

(This article belongs to the Section Health Economics)
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Economies - ISSN 2227-7099