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  • Review
  • Open Access
40 Citations
165,173 Views
33 Pages

This paper presents a review of globalization by examining its main characteristics, types, and the advantages and disadvantages associated with each type with regard to people, firms, and nations. It synthesizes the literature and provides a structu...

(This article belongs to the Section International, Regional, and Transportation Economics)
  • Article
  • Open Access
223 Citations
87,043 Views
13 Pages

Coronavirus (COVID-19), which hit in early 2020, changed the way people live and work, and affected industries and organizations all over the world. Many organizations have begun to deliver a new way of working to adapt to these shifts effectively us...

(This article belongs to the Special Issue The Economics of Health Outbreaks and Epidemics)
  • Review
  • Open Access
204 Citations
80,922 Views
24 Pages

A Review of Global Challenges and Survival Strategies of Small and Medium Enterprises (SMEs)

  • Sisira Kumara Naradda Gamage,
  • EMS Ekanayake,
  • GAKNJ Abeyrathne,
  • RPIR Prasanna,
  • JMSB Jayasundara and
  • PSK Rajapakshe

Economic globalization has created many challenges for small and medium enterprises (SMEs) due to the rapid increase in competition. Therefore, the downfall rate of SMEs is relatively high, a short period after their commencement. Accordingly, SMEs n...

  • Article
  • Open Access
49 Citations
72,793 Views
15 Pages

The Nexus between Crime Rates, Poverty, and Income Inequality: A Case Study of Indonesia

  • Lilik Sugiharti,
  • Rudi Purwono,
  • Miguel Angel Esquivias and
  • Hilda Rohmawati

13 February 2023

This study examines whether income inequality and poverty are determinants of crime rates across 34 provinces in Indonesia. Three indicators of income inequality and four poverty measures are tested to examine whether the dimension and degree of uneq...

  • Article
  • Open Access
117 Citations
72,668 Views
20 Pages

14 September 2021

Investment in tourism infrastructure development to make destinations and services increasingly attractive is considered a key measure in developing a country’s tourist destinations. This paper investigates the impact of investment in tourism infrast...

(This article belongs to the Special Issue Tourism Economics)
  • Article
  • Open Access
33 Citations
71,881 Views
16 Pages

Globalization and Income Inequality in Developing Economies: A Comprehensive Analysis

  • Mosab I. Tabash,
  • Yasmeen Elsantil,
  • Abdullah Hamadi and
  • Krzysztof Drachal

18 January 2024

Around the world, people are becoming more and more worried about how globalization will affect their standard of living. According to the literature, globalization has resulted in the marginalization of the impoverished populations in developing eco...

  • Feature Paper
  • Review
  • Open Access
77 Citations
65,745 Views
51 Pages

Review on Efficiency and Anomalies in Stock Markets

  • Kai-Yin Woo,
  • Chulin Mai,
  • Michael McAleer and
  • Wing-Keung Wong

The efficient-market hypothesis (EMH) is one of the most important economic and financial hypotheses that have been tested over the past century. Due to many abnormal phenomena and conflicting evidence, otherwise known as anomalies against EMH, some...

(This article belongs to the Special Issue Efficiency and Anomalies in Stock Markets)
  • Article
  • Open Access
23 Citations
52,827 Views
14 Pages

23 December 2021

Billions of euros are invested every year by professional football clubs for the recruitment of players. How do market actors decide prices? This paper presents an econometric model unveiling the key factors coming into play in determining fees on th...

  • Article
  • Open Access
13 Citations
52,041 Views
25 Pages

11 January 2023

Interest rates have generally trended downward over the past several decades. It has made borrowing cheaper, which has encouraged people to spend more. It has also made saving less attractive, contributing to increased consumption. At the same time,...

  • Article
  • Open Access
276 Citations
51,091 Views
13 Pages

The present study aims to evaluate the impact of information and communication technology (ICT) on the economic growth of selected developing countries in the Middle East and North Africa (MENA) region and the Sub-Saharan Africa (SSA) region by using...

(This article belongs to the Special Issue Innovation and Socioeconomic Development)
  • Article
  • Open Access
36 Citations
43,386 Views
19 Pages

Stock markets serve as a conduit for money and liquidity, which are necessary for economic growth and stability. This study aimed to determine whether stock market impacts are communicated in an economically unstable environment, characterised by vol...

(This article belongs to the Section Economic Development)
  • Review
  • Open Access
186 Citations
42,928 Views
16 Pages

18 October 2019

A vast number of the energy-growth nexus researchers, as well as other “X-variable-growth nexus” studies, such as for example the tourism-growth nexus, the environment-growth nexus or the food-growth nexus have used the autoregressive dis...

  • Review
  • Open Access
30 Citations
42,532 Views
25 Pages

Causes and Measures of Poverty, Inequality, and Social Exclusion: A Review

  • George E. Halkos and
  • Panagiotis-Stavros C. Aslanidis

Prevailing measures on the topics of monetary and non-monetary poverty—as well as economic and carbon inequality—are being critically assessed under sustainable development goals (SDGs) with a worldwide perspective. On the one hand, the p...

(This article belongs to the Section Economic Development)
  • Article
  • Open Access
50 Citations
41,109 Views
17 Pages

The COVID-19 Pandemic and Its Impacts on Tourism Business in a Developing City: Insight from Vietnam

  • Da Van Huynh,
  • Thuy Thi Kim Truong,
  • Long Hai Duong,
  • Nhan Trong Nguyen,
  • Giang Vu Huong Dao and
  • Canh Ngoc Dao

5 November 2021

The COVID-19 pandemic has generally destroyed the global tourism industry and threatened the recovery of destinations in developing countries facing more challenges from increasingly serious waves of the pandemic. Although many studies have attempted...

(This article belongs to the Special Issue The Impact of COVID-19 on Financial Markets and the Real Economy)
  • Article
  • Open Access
33 Citations
40,361 Views
13 Pages

30 October 2024

This study aims to explore the transformative potential of Artificial Intelligence (AI) in international trade, focusing on its key roles in optimizing trade operations, enhancing trade finance, and expanding market access. In trade optimization, AI...

(This article belongs to the Special Issue Economic Development in the Digital Economy Era)
  • Article
  • Open Access
25 Citations
40,018 Views
16 Pages

The Power of Compensation System (CS) on Employee Satisfaction (ES): The Mediating Role of Employee Motivation (EM)

  • Nurul Mohammad Zayed,
  • Md. Mamunur Rashid,
  • Saad Darwish,
  • Md. Faisal-E-Alam,
  • Vitalii Nitsenko and
  • K. M. Anwarul Islam

18 November 2022

The compensation system, employee motivation, and employee satisfaction have received much attention from academics for many years. Existing research, however, does not yet detail the mediation effect of employee motivation on the relationship betwee...

  • Article
  • Open Access
34 Citations
36,074 Views
20 Pages

The Influence of Market Competition on SMEs’ Performance in Emerging Economies: Does Process Innovation Moderate the Relationship?

  • Solomon Abekah Keelson,
  • Juraj Cúg,
  • John Amoah,
  • Zora Petráková,
  • Jacob Odei Addo and
  • Abdul Bashiru Jibril

22 October 2024

Small and medium enterprises (SMEs) are vital to the economic development of emerging economies, significantly contributing to employment, innovation, and GDP growth. This study investigates the influence of market competition on SME performance in e...

(This article belongs to the Special Issue The Relationship between Macroeconomics and Small and Medium Enterprises)
  • Article
  • Open Access
57 Citations
35,263 Views
13 Pages

10 November 2021

This study aimed to scrutinize the impact of financial development, energy consumption, industrialization, and trade openness on economic growth in Indonesia over the period 1984–2018. To do so, the study employed the autoregressive distributed lag (...

  • Article
  • Open Access
44 Citations
33,951 Views
15 Pages

Trade Balance Effects on Economic Growth: Evidence from European Union Countries

  • Deimante Blavasciunaite,
  • Lina Garsviene and
  • Kristina Matuzeviciute

A growing number of recent research analyse the trade balance impact on economic growth. However, ambiguous results of studies imply the need for the research as the deteriorating trade balance hinders economic growth. This research aims to investiga...

(This article belongs to the Special Issue The Theory Applications of Finance and Macroeconomics)
  • Review
  • Open Access
154 Citations
33,670 Views
22 Pages

Agricultural production systems are a composite of philosophy, adoptability, and careful analysis of risks and rewards. The two dominant typologies include conventional and organics, while biotechnology (GM) and Integrated Pest Management (IPM) repre...

  • Article
  • Open Access
22 Citations
33,419 Views
14 Pages

Fiscal Policy and Economic Growth in South Africa

  • Simbarashe Tendengu,
  • Forget Mingiri Kapingura and
  • Asrat Tsegaye

24 August 2022

Several fiscal policy strategies have been implemented in South Africa since 1994, starting from the Reconstruction and Development Programme (RDP), Growth Employment and Redistribution (GEAR), Broad-Black Economic Empowerment strategy (BEE), AsgiSA...

  • Article
  • Open Access
65 Citations
32,825 Views
21 Pages

Emerging Countries and the Effects of the Trade War between US and China

  • Monique Carvalho,
  • André Azevedo and
  • Angélica Massuquetti

The aim of the paper is to examine the effects of the US–China trade war on both countries and some emerging economies. Two scenarios are examined, one where only US protectionist measures are considered, and another in which Chinese retaliatio...

(This article belongs to the Special Issue International Trade and Its Intersection with Development, Labor, and Public Economics)
  • Article
  • Open Access
34 Citations
32,381 Views
16 Pages

The Potential Impact of COVID-19 on the Chinese GDP, Trade, and Economy

  • Zohal Habibi,
  • Hamed Habibi and
  • Mohammad Aqa Mohammadi

COVID-19, a novel Coronavirus SARS-CoV-2, has wreaked havoc on global financial markets, economies, and societies. For example, this study looks at the impact of COVID-19 on the Chinese economy and its policy responses (fiscal, monetary, and institut...

(This article belongs to the Special Issue The Impact of COVID-19 on Financial Markets and the Real Economy)
  • Article
  • Open Access
73 Citations
31,625 Views
21 Pages

The Fourth Industrial Revolution (IR4) and the COVID-19 pandemic have become triggers for micro, small, and medium enterprises (MSMEs) to conduct digital transformation even though there are many problems that need to be resolved, particularly those...

(This article belongs to the Section Economic Development)
  • Review
  • Open Access
156 Citations
31,541 Views
14 Pages

Consequences of Industry 4.0 in Business and Economics

  • Petra Maresova,
  • Ivan Soukal,
  • Libuse Svobodova,
  • Martina Hedvicakova,
  • Ehsan Javanmardi,
  • Ali Selamat and
  • Ondrej Krejcar

The introduction of information technology into all aspects of our lives has brought forth qualitative and quantitative changes on such a large scale that this process has come to be known as the Fourth Industrial Revolution, or Industry 4.0. The aim...

(This article belongs to the Special Issue Economic Growth as a Consequence of the Industry 4.0 Concept)
  • Article
  • Open Access
91 Citations
30,432 Views
22 Pages

Corporate social responsibility (CSR) has become an innovative strategic management tool of socially and environmentally conscious business organizations in the 21st century. Although external CSR activities are better researched, firms’ internal CSR...

(This article belongs to the Special Issue Issues in Macroeconomic Policy and Analysis in Recent Period)
  • Article
  • Open Access
12 Citations
30,288 Views
25 Pages

22 January 2014

This study surveys and evaluates previous attempts to use game theory to explain the strategic dynamic of the Cuban missile crisis, including, but not limited to, explanations developed in the style of Thomas Schelling, Nigel Howard and Steven Brams....

(This article belongs to the Special Issue Game Theory and Political Economy)
  • Article
  • Open Access
30 Citations
30,237 Views
19 Pages

From a Recession to the COVID-19 Pandemic: Inflation–Unemployment Comparison between the UK and India

  • Vijay Victor,
  • Joshy Joseph Karakunnel,
  • Swetha Loganathan and
  • Daniel Francois Meyer

The recession in India and the UK peaked in 2017 due to the implications of new policy initiatives. The outbreak of the COVID-19 pandemic at the beginning of 2020 intensified the crisis, causing a drastic decline in aggregate demand and output. India...

(This article belongs to the Special Issue Nexus between Politics and Economics in the Emerging Countries)
  • Article
  • Open Access
11 Citations
29,450 Views
10 Pages

This study examined the efficacy of the Put–Call Ratio (PCR), a widely used information ratio measured in terms of volume and open interest, in predicting market return at different time scale. Volume PCR was found to be an efficient predictor...

(This article belongs to the Special Issue Efficiency and Anomalies in Stock Markets)
  • Article
  • Open Access
59 Citations
29,120 Views
22 Pages

This paper aims to investigate the impact of innovation on three macroeconomic indicators: GDP, self-employment, and foreign direct investment (FDI). The study analyses a sample of 120 countries using the Global Innovation Index (GII) and its constit...

  • Article
  • Open Access
32 Citations
28,957 Views
23 Pages

Small and medium-sized enterprises (SMEs) play an increasingly important role in global economic development, and they have encountered many unique problems (such as resources and strategic choice). Strategic management accounting (SMA) techniques ca...

  • Article
  • Open Access
31 Citations
28,697 Views
14 Pages

Money Supply and Inflation after COVID-19

  • Orkideh Gharehgozli and
  • Sunhyung Lee

The core personal consumption expenditure (PCE) price index, the Federal Reserve’s preferred inflation gauge, rose to 5.2 percent on January 2022, which is the highest rate of increase since 40 years ago. Our estimates show that the annualized...

(This article belongs to the Special Issue International Financial Markets and Monetary Policy)
  • Article
  • Open Access
83 Citations
28,363 Views
16 Pages

9 December 2022

This study investigated the effect of ownership structure on environmental, social, and governance (ESG) disclosure, firm value, firm performance, and audit committees as moderating variables in the Indonesian context. The ownership structures in thi...

  • Article
  • Open Access
8 Citations
28,244 Views
30 Pages

15 January 2025

The use of flexible work arrangements (e.g., remote, hybrid) has spread during the pandemic and cumulative studies provide mixed findings on the positive vs. negative consequences of these working methods for employees and organizations. The present...

  • Systematic Review
  • Open Access
48 Citations
28,102 Views
15 Pages

Generation Change in Agriculture: A Systematic Review of the Literature

  • Áron József Borda,
  • Balázs Sárvári and
  • Jeremiás Máté Balogh

Today, the replacement of the ageing agricultural population is a global challenge in many food-producing countries. This article aims to provide an overview of generational change in agriculture based on the literature in international economics pub...

(This article belongs to the Special Issue Drivers for Competitiveness in Agri-Food Sector and Development of Rural Areas)
  • Article
  • Open Access
21 Citations
27,140 Views
12 Pages

24 October 2018

Constitutional political economy has focused heavily on designing constitutional rules sufficient to constrain governmental power. More attention has been devoted to designing rules that are effective constraints than on the institutions that would b...

(This article belongs to the Special Issue Public Choice)
  • Article
  • Open Access
50 Citations
26,816 Views
20 Pages

While there is a consensus on the expanding importance of the China–Africa economic relationship, there is much more debate on how to portray the relationship. Thus, this study is aimed to examine the impacts of the China–Africa trade and...

  • Article
  • Open Access
22 Citations
26,398 Views
24 Pages

Welfare Impact of Globalization in Developing Countries: Examining the Mediating Role of Human Capital

  • Kehinde Oluseyi Olagunju,
  • Adebayo Isaiah Ogunniyi,
  • Kunle Francis Oguntegbe,
  • Ibrahim Oluwole Raji and
  • Kolawole Ogundari

Despite remarkable progress in the fight against poverty during the past few decades, the proportion of the poor living in developing countries is still on the high side. Many countries have promoted integration as an important development strategy;...

  • Article
  • Open Access
13 Citations
25,717 Views
21 Pages

Linking Leadership to Employees Performance: The Mediating Role of Human Resource Management

  • Nuru Siraj,
  • István Hágen,
  • Afriyadi Cahyadi,
  • Anita Tangl and
  • Goshu Desalegn

Human resource management (HRM) practices along with appropriate leadership have a paramount role in enhancing employees’ performance. Even though there was much literature on the subject of HRM and leadership, there were still some unanswered...

  • Article
  • Open Access
21 Citations
25,107 Views
27 Pages

This study sought to test the impact of China’s infrastructure investment on economic growth in selected African states. Many comparative studies have shown the positive role that infrastructural loans plays in supporting economic growth. Howev...

  • Article
  • Open Access
59 Citations
24,655 Views
16 Pages

This study aims to detect fraudulent financial reporting using hexagon fraud analysis, including seven factors: financial stability, external pressures, ineffective monitoring, auditor changes, change in director, arrogance, and collusion. The subjec...

(This article belongs to the Section Macroeconomics, Monetary Economics, and Financial Markets)
  • Article
  • Open Access
7 Citations
24,530 Views
16 Pages

Impact of Import Substitution Policy on Economic Growth

  • Askar Nailevich Mustafin,
  • Svetlana Nikolaevna Kotenkova,
  • Ivana Kravčáková Vozárová and
  • Rastislav Kotulič

15 December 2022

This paper highlights the issues of import substitution in the context of attaining total macro-economic balance, market adaptation, and achieving new levels of regional economic development as a constituent part of the national economy of the Russia...

(This article belongs to the Special Issue Emerging Economies and Sustainable Growth)
  • Article
  • Open Access
66 Citations
24,452 Views
14 Pages

The study reveals that there is a relationship between foreign direct investments, trade, and growth rate of per capita GDP for Bangladesh with the help of annual time series data for 1973 to 2014. The Vector Error Correction Model (VECM) analysis sh...

(This article belongs to the Special Issue Economic Development in Southeast Asia)
  • Article
  • Open Access
26 Citations
24,081 Views
16 Pages

Peruvian Agro-Exports’ Competitiveness: An Assessment of the Export Development of Its Main Products

  • Jose Carlos Montes Ninaquispe,
  • Alberto Luis Pantaleón Santa María,
  • Diego Alejandro Ludeña Jugo,
  • William Teófilo Castro Muñoz,
  • Juan Cesar Farias Rodriguez,
  • Billy Heinrich Maco Elera and
  • Kelly Cristina Vasquez Huatay

This study analyzed the competitiveness of Peru’s exports of grapes, blueberries, avocados, and asparagus from 2019 to 2023. Data were obtained from the customs declarations of all exporting companies of the analyzed products, along with data f...

(This article belongs to the Special Issue Economic Development in the Digital Economy Era)
  • Article
  • Open Access
12 Citations
23,830 Views
15 Pages

The main aim of this paper is to examine the dynamic relationship between the three pillars of the economy: unemployment, inflation, and GDP in Ethiopia using the cross-wavelet transform (XWT) analysis, the multivariate Student-t generalized autoregr...

  • Review
  • Open Access
193 Citations
23,642 Views
14 Pages

Industry 4.0 for the Construction Industry: Review of Management Perspective

  • Raihan Maskuriy,
  • Ali Selamat,
  • Petra Maresova,
  • Ondrej Krejcar and
  • Oladipo Olalekan David

Technology and innovations have fueled the evolution of the fourth industrial revolution (Industry 4.0). Industry 4.0 spurs growth and development through its efficiency capacity, as documented in the literature. The growth of the construction indust...

(This article belongs to the Special Issue Innovation and Socioeconomic Development)
  • Article
  • Open Access
32 Citations
23,599 Views
21 Pages

Although empirical studies of the link between foreign direct investment, foreign portfolio investment, and economic development have long influenced economic studies, the results have been inconclusive. Focusing on ten countries, this study contribu...

(This article belongs to the Special Issue Foreign Direct Investment and Investment Policy)
  • Article
  • Open Access
46 Citations
23,540 Views
15 Pages

Willingness to Pay for Tourist Tax in Destinations: Empirical Evidence from Istanbul

  • Gurel Cetin,
  • Zaid Alrawadieh,
  • Mithat Zeki Dincer,
  • Fusun Istanbullu Dincer and
  • Dimitri Ioannides

Revenue generated from tourism taxes constitutes an important financial resource for local governments and tourism authorities to both ensure tourism sustainability and enhance the quality of tourist experiences. In order for tourism policy makers to...

(This article belongs to the Special Issue Tourism Economics)
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Economies - ISSN 2227-7099