Globalization dynamics in times of crisis

Kheyfets, Boris; Chernova, Veronika Yu.

doi:10.5267/j.uscm.2020.5.004

Cited by 7 publications

(5 citation statements)

References 1 publication

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Reduced foreign investment in the construction industry (Savych and Shkoda, 2020;Humeedat, 2020;Kheyfets and Chernova, 2020;Strange, 2020) JEDT 20,1 the sample size is on the lower side, scholars generally agree that a minimum sample size of 30 is sufficient for statistical data analysis and drawing meaningful conclusions (Ott and Longnecker, 2015). Additionally, this study sought to emphasize the relative importance of the impact rather than present the population's overall perception of the variables.…”

Section: P12mentioning

confidence: 99%

Critical analysis of pandemic impact on AEC organizations: the COVID-19 case

King

Rahman

Fauzi

et al. 2021

JEDT

View full text Add to dashboard Cite

Purpose This study aims to investigate the interrelationships between COVID-19 pandemic impact and architectural, engineering and construction (AEC) organizations. To achieve that aim, the objectives are to: identify the critical pandemic impact (CPI) of COVID-19 on AEC organizations; compare the CPI between the different organization characteristics; and analyze the interrelationships between the CPI. Design/methodology/approach A systematic literature review of 519 articles and in-depth interviews with 40 AEC practitioners were carried out, yielding 12 COVID-19 impacts. Then, data on the 12 impact’s criticality were collected through a survey among AEC practitioners. In total, 127 valid responses were received and analyzed using mean ranking analysis, analysis of variance and Spearman’s correlation. The findings were also compared with pandemic impacts from prior works. Findings Five CPI exist among the 12 impacts, namely, “reduced construction productivity,” “reduced foreign investment in the construction industry,” “reduced demand on construction-related works,” “disruption in the supply chain” and “reduced number of public projects.” “Reduced foreign investment in the construction industry” and “reduced demand on construction-related works” significantly impact small-medium enterprises than large enterprises. Also, “disruption in the supply chain” and “reduced construction productivity” are recurring impacts in all countries compared. Finally, moderate relationships exist between “reduced foreign investment in the construction industry” and “reduced demand on construction-related works” and “disruption in the supply chain” and “reduced construction productivity.” Originality/value The findings can be used to prioritize available resources in developing short-term responses for COVID-19. Also, action plans can be developed to mitigate the CPI from recurring.

show abstract

Section: P12mentioning

confidence: 99%

Critical analysis of pandemic impact on AEC organizations: the COVID-19 case

King

Rahman

Fauzi

et al. 2021

JEDT

View full text Add to dashboard Cite

show abstract

“…The rapid introduction of digital technology was one of the most essential stages of change. The interruption of freedom of people's movement & social dissociation measures put into effect by several countries drove companies and consumers into a new way of life and to actively use digital solutions to continue to operate remotely [1] .…”

Section: Discussionmentioning

confidence: 99%

“…United Nations Conference on Trade and Development (UNCTAD) has played a vital role in promoting awareness of emerging crisis possibilities by expanding the use of e-commerce and digital solutions since the emergence of the new Coronavirus Disease (COVID-19). UNCTAD has also expressed worry about the danger of increased digital disparities, especially in the least developed countries [1] . The 2020 E-Commerce Week conducted almost exclusively by UNCTAD and E-Commerce partners has offered a unique forum for a wide array of stakeholders to evaluate the consequences of the crisis and examine in-depth important digital concerns in the framework of the COVID-19 pandemic [2] .…”

Section: Introductionmentioning

confidence: 99%

The Impact of E-commerce on Consumer Purchasing Behavior for the Coronavirus Disease (COVID-19)

Halim

2022

j. of Sustain. bus. and econ.

View full text Add to dashboard Cite

The purpose of this study is to evaluate how COVID-19 is changing consumer behavior and how it is changing e-commerce trends. This study has been conducted through a qualitative approach. The Coronavirus changed worldwide patterns intensively. These differences are caused by the high levels of accidental and secondary funding that this virus reflects. This study showed how e-commerce has grown due to the coronavirus. As individuals deal with their new living conditions, they have changed their shopping behavior to meet their requirements. The COVID-19 pandemic significantly affects many aspects of life, including how individuals deal with their needs and not their needs. The behavior of people, the nature of businesses, and the manner of life have changed. It spreads fears among individuals that they should avoid interacting with. The effect of Coronavirus has transformed the nature of business in the entire e-commerce globe. In particular, COVID-19 has a substantial influence on global e-commerce and in certain cases, has negative consequences, although generally, e-commerce is quickly increasing because of coronaviruses. Moreover, e-commerce businesses confront various problems, including extended delivery times, movement control challenges, social distance, and lock-up or lock-down. The shipping and supply processes are now rather sluggish, yet people are still buying since they do not have any other option. Thus, people move to technology because of coronaviruses. This study has shown the trend of e-commerce in recent times and also shows how consumers tend to adopt e-commerce. There is no such issue in the previous literature. This study fills in the gaps on these issues and also helps to improve the global economy.

show abstract

“…On the other hand, these positive moments do not outweigh the stagnant trend in international trade, shrinking investment, and people's mobility. They, therefore, do not have a greater impact on globalization processes, nor do they affect the overall trend of the globalization index (Kheyfets & Chernova, 2020). In this situation, even thoughts of the end of globalization began to be expressed.…”

Section: Literature Reviewmentioning

confidence: 99%

“…The impact of the pandemic on economic development has proved to be significantly greater than the 2008-2009 financial crisis (Kheyfets & Chernova, 2020). On the other hand, it is argued that the impact of the COVID-19 pandemic on global economic development cannot be compared with the effects of other past pandemics, as economies were smaller and almost unrelated at that time (Leach et al, 2021;Barry, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of the COVID-19 pandemic on the economic development of EU countries

Petraškevičius

Ginevičius

Bracio

et al. 2022

Problems and Perspectives in Management

View full text Add to dashboard Cite

One of the essential consequences of the COVID-19 pandemic is a slowdown in economic development, which is reflected in an integrated way by the Gross Domestic Product per inhabitant of the country. However, its dimensions are not the same for individual countries of the European Union, so it is crucial to determine what circumstances led to this phenomenon. Therefore, the purpose of this study is to determine individual EU countries’ losses caused by the COVID-19 pandemic and the circumstances they depended on. Correlation-regression analysis was used, which made it possible to calculate what effect the countries’ economic development level and the intensity of its positive changes on the eve of the COVID-19 pandemic had on the losses incurred. In 2018, it was found that this relationship is very strong (the value of the correlation coefficient r equals 0.8 and 0.7, respectively). The study’s results highlighted the regularity – economic development slowed down the least in those countries where it was in the best condition, and the positive development changes were the most intense. It was found that in the ten most developed EU countries, economic growth slowed down because of the COVID-19 pandemic by approximately 2.3%, and in the rest of the countries – 5.1%. According to the slow-down of economic development, insensitiveness was approximately 3.45 and 5.46%.

show abstract

Globalization dynamics in times of crisis

Cited by 7 publications

References 1 publication

Critical analysis of pandemic impact on AEC organizations: the COVID-19 case

Critical analysis of pandemic impact on AEC organizations: the COVID-19 case

The Impact of E-commerce on Consumer Purchasing Behavior for the Coronavirus Disease (COVID-19)

Impact of the COVID-19 pandemic on the economic development of EU countries

Contact Info

Product

Resources

About