The COVID-19 Pandemic and Its Economic, Social, and Political Impacts

Demirbaş, Dilek; Bozkurt, Veysel; Yorğun, Sayım

doi:10.26650/b/ss46.2020.006

Cited by 18 publications

(13 citation statements)

References 8 publications

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“…The efficiency of the policies that can be classified into two main categories, government spending and tax incentives, exhibit different aspects in developed economies. In developing economies, the government spending is more influential in alleviating the impacts of the crisis whereas in developed economies, tax reductions work better [25]. Indonesia's government must consider again which policy is effective, government spending or tax incentives.…”

Section: Resultsmentioning

confidence: 99%

“…Fiscal stimulus deployed in response to the economic shock engendered by COVID-19 had important and substantial effects on spending and economic activity [24]. Some researchers agree that tax reductions are more effective in reviving stagnated economies whereas some others note that increase in government spending generates better results [25]. Tax incentives are still available to help private companies manage their cash flows, and additional tax cuts have been provided for new investments in Australia [25].…”

Section: Hypothesis Developmentmentioning

confidence: 99%

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The Impact of Tax Incentives on MSMEs Survivability During Covid-19 Pandemic: Case Study in Semarang City

Hajawiyah¹,

Suryarini²,

Kiswanto³

et al. 2022

Proceedings of the 4th International Conference on Economics, Business and Economic Education Science, ICE-BEES 2021, 27-28 Jul

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The impact of the COVID-19 pandemic is quite significant, including on the economy. To reduce the adverse effects on the economy, the government issued tax incentives. This tax incentive is a stimulus to help the community, especially taxpayers, survive and boost economic growth, which slumped due to the pandemic. This study aims to determine the effect of pandemic tax incentives on the survival ability of MSMEs during a pandemic. This study uses primary data obtained through a questionnaire survey of MSMEs in Semarang City, Central Java, Indonesia. The data was then processed using multiple regression with the help of SPSS software. The study results indicate that tax incentives knowledge does not affect the survivability of MSMEs. The result also shows that the tax incentives utilization affects MSMEs survivability. Tax incentives knowledge does not affect the MSMEs survivability because, during the pandemic, MSMEs experienced a decline in turnover and profits. The taxes also paid fell or even zero. MSME actors need other direct assistance, such as Direct Cash Assistance / Assistance for Micro Business Actors, free electricity assistance, and credit restructuring.

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Section: Resultsmentioning

confidence: 99%

Section: Hypothesis Developmentmentioning

confidence: 99%

The Impact of Tax Incentives on MSMEs Survivability During Covid-19 Pandemic: Case Study in Semarang City

Hajawiyah¹,

Suryarini²,

Kiswanto³

et al. 2022

Proceedings of the 4th International Conference on Economics, Business and Economic Education Science, ICE-BEES 2021, 27-28 Jul

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“…It has heavily impacted the health and safety of citizens, as well as other aspects of society, such as the economy, social structures and politics. 1 When an epidemic such as COVID‐19 occurs, its management is pivotal in containing the virus. According to the World Health Organization (WHO), the goal of epidemic management (EM) is: ‘to mitigate its impact and reduce its incidence, morbidity and mortality as well as disruptions to economic, political, and social systems’.…”

Section: Introductionmentioning

confidence: 99%

“…From December 2019 onwards, the severe acute respiratory syndrome coronavirus 2 virus, which causes COVID‐19, has spread across countries worldwide leading to a pandemic. It has heavily impacted the health and safety of citizens, as well as other aspects of society, such as the economy, social structures and politics 1 . When an epidemic such as COVID‐19 occurs, its management is pivotal in containing the virus.…”

Section: Introductionmentioning

confidence: 99%

Public engagement in decision‐making regarding the management of the COVID‐19 epidemic: Views and expectations of the ‘publics’

Kemper

Kupper

Kamga

et al. 2022

Health Expectations

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Background In the management of epidemics, like COVID‐19, trade‐offs have to be made between reducing mortality and morbidity and minimizing socioeconomic and political consequences. Traditionally, epidemic management (EM) has been guided and executed attentively by experts and policymakers. It can, however, still be controversial in the public sphere. In the last decades, public engagement (PE) has been successfully applied in various aspects of healthcare. This leads to the question if PE could be implemented in EM decision‐making. Methods From June to October 2020, seven deliberative discussion focus groups were executed with 35 Dutch citizens between 19 and 84 years old. Their views on PE in COVID‐19 management were explored. The deliberative approach allows for the education of participants on the topic before the discussion. The benefits, barriers, timing and possible forms of PE in EM were discussed. Results Almost all participants supported PE in EM, as they thought that integrating their experiences and ideas would benefit the quality of EM, and increase awareness and acceptance of measures. A fitting mode for PE was consultation, as it was deemed important to provide the public with possibilities to share ideas and feedback; however, final authority remained with experts. The publics could particularly provide input about communication campaigns and control measures. PE could be executed after the first acute phase of the epidemic and during evaluations. Conclusions This paper describes the construction of an empirically informed framework about the values and conditions for PE in EM from the perspective of the public. Participants expressed support to engage certain population groups and considered it valuable for the quality and effectiveness of EM; however, they expressed doubts about the feasibility of PE and the capabilities of citizens. In future studies, these results should be confirmed by a broader audience. Patient or Public Contribution No patients or members of the public were involved in the construction and execution of this study. This study was very exploratory, to gain a first insight into the views of the public in the Netherlands, and will be used to develop engagement practices accordingly. At this stage, the involvement of the public was not yet appropriate.

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“…The outbreak of the Covid-19 pandemic in 2019 has changed the world economy. This pandemic is primarily a humanitarian crisis, but it also entails significant economic consequences, including the likelihood of a global economic crisis (Demirbaş et al, 2020). Published global economics scenarios estimate total GDP loss (in billions of dollars) for 24 industrialized countries in terms of the total cost of the Covid-19 pandemic from a minimum of $283 billion to a large cost of $9.2 trillion (McKibbin and Fernando, 2020).…”

Section: Introductionmentioning

confidence: 99%

Managing Supply Chains During the Covid-19 Pandemic

Mańkowski¹,

Szmeter-Jarosz²,

Jezierski³

2022

CEMJ

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Purpose: The Covid-19 pandemic disrupted the lives of people and organizations, including supply chains (SC). Therefore, this study aims to explore concepts, methods, and tools for managing SC during the Covid-19 pandemic. Methodology: The main research methods were systematic and grey literature reviews, supported by 5W2H and 20/80 methods. Findings: Three research gaps were identified, supported by concepts, methods, and tools for managing SC during the Covid-19 pandemic with other related findings. Limitations: Short research horizon because the Covid-19 pandemic started two years ago, which precluded us from performing full results verification. Implications: This study updates and enriches supply chain management theories, especially regarding resiliency, disruption, and risk SC management. One of the fifteen research criteria was related to applied concepts, methods, and tools, which thus can be used by SC managers to implement them into practice. Originality/Value: Compared to the literature review, a systematic literature review is performed according to a structured procedure. This comprehensive study will enable researchers/managers to understand the problem and prepare measures against the pandemic in SC.

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The COVID-19 Pandemic and Its Economic, Social, and Political Impacts

Cited by 18 publications

References 8 publications

The Impact of Tax Incentives on MSMEs Survivability During Covid-19 Pandemic: Case Study in Semarang City

The Impact of Tax Incentives on MSMEs Survivability During Covid-19 Pandemic: Case Study in Semarang City

Public engagement in decision‐making regarding the management of the COVID‐19 epidemic: Views and expectations of the ‘publics’

Managing Supply Chains During the Covid-19 Pandemic

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