The effect of shocks to GDP on employment in SADC member states during COVID‐19 using a Bayesian hierarchical model

Strauss, Ilan; Isaacs, Gilad; Rosenberg, Josh

doi:10.1111/1467-8268.12524

Cited by 8 publications

(7 citation statements)

References 12 publications

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“…Businesses' unwillingness to recruit women could lower women's involvement in the labor force. According to research, greater employment of women is linked to improved socioeconomic development, labor productivity, and gross domestic product (GDP) (Alon et al, 2022;Strauss et al, 2021;Voumik et al, 2023). The reverse outcome, which would be to limit or impede national progress, may result from excluding women from the workforce.…”

Section: Figure 4 -Labor Force Participation By Gendermentioning

confidence: 99%

Unveiling the Missing Link: Women in Stem Leadership – A Comprehensive Review

Ali Raza,

Singh

2024

IJABS

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This paper extensively examined the representation of women in Science, Technology, Engineering, and Mathematics (STEM) within Malaysia, contextualized globally and historically. Existing research affirms the growing presence of women in the workforce (Gupta, 2020; National Academies of Sciences & Medicine, 2020), their progress in higher education (Manongsong & Ghosh, 2021; Vietze et al., 2022), their presence in professional and managerial roles (Burton et al., 2020; Evans & Maley, 2021), and their successful elevation to CEO positions (Dadanlar & Abebe, 2020). However, women continue to be significantly underrepresented in leadership positions, particularly within STEM firms (Hideg & Shen, 2019; National Academies of Sciences & Medicine, 2020). Young Malaysian women excel in both academic and extracurricular STEM activities from primary to university. Despite this gender equity achieved in STEM education, with 29% of tertiary engineering graduates and 57% of science degree holders being female, only 6% of women pursue careers as STEM professionals (Looi, 2022). Additionally, slightly over 4% of women hold leadership roles in technology firms in Malaysia (Amin & Tan, 2018). Using social constructivist and feminist theories, this analysis examines how societal and environmental factors affect girls’ performance in math and science. Educators and parents play a vital role in providing crucial support. This study also highlights a major research gap, particularly in understanding where qualified women in STEM go, especially within Malaysia.

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Section: Figure 4 -Labor Force Participation By Gendermentioning

confidence: 99%

Unveiling the Missing Link: Women in Stem Leadership – A Comprehensive Review

Ali Raza,

Singh

2024

IJABS

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“…In the wake of COVID-19, workers were trapped in precarious employment with a large number of people losing their jobs (Matilla-Santander et al, 2021;Strauss et al, 2021). Pinilla et al (2021) estimated the unemployment rate in the Spanish employment market in 2020 and found that there was a cumulative increase of 11.9% in the rate of unemployment due to the outbreak of COVID-19.…”

Section: Unemployment Under Covid-19 and Associated Mental Health Pro...mentioning

confidence: 99%

COVID-19 Induced Economic Slowdown and Mental Health Issues

et al. 2022

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The COVID-19 pandemic has pressed a pause button on global economic development, and induced significant mental health problems. In order to demonstrate the progressed relationship between the pandemic, economic slowdown, and mental health burden, we overviewed the global-level gross domestic product changes and mental problems variation since the outbreak of COVID-19, and reviewed comprehensively the specific sectors influenced by the pandemic, including international trade, worldwide travel, education system, healthcare system, and individual employment. We hope to provide timely evidence to help with the promotion of policymakers’ effective strategies in mitigating economic losses induced by the pandemic; we suggest different governments or policy makers in different countries to share information and experience in dealing with COVID-19-induced economic slowdown and promote COVID-19 vaccine popularization plan to protect every individual worldwide against the coronavirus essentially; and we appeal international information share and collaboration to minimize stigmatization related to adverse mental consequences of COVID-19 and to increase mental health wellbeings of people all over the world.

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“…The findings showed that a large share of workers suffered wage cuts and job losses, with private sector and middle‐aged workers being most affected. Strauss et al ( 2021 ) applied a Bayesian hierarchical model to examine the effects of shocks to GDP on employment in the Southern Africa Development Community (SADC) during COVID‐19. The authors found that most SADC countries will experience loss of wage income more than 10% of GDP through job losses and/or reductions in wages and working hours.…”

Section: Summary Of Relevant Literaturementioning

confidence: 99%

Fiscal sustainability in Africa: Accelerating the post‐COVID‐19 recovery through improved public finances

Sennoga

Balma

2022

African Development Review

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The article examines the impact of the COVID‐19 pandemic on economies in Africa through the application of a novel Debt, Investment and Growth model with a segmented Labor market (DIG‐Labor). The pandemic is modeled via supply shock that disrupts economic activities in countries in Africa, followed by effects on household consumption behavior and welfare, and business investment decisions. The DIG‐Labor model is calibrated to account for informality, which is a key characteristic of economies in Africa. We find that, in the absence of appropriate remedial measures, the COVID‐19 pandemic reduces employment in the formal and informal sectors and scales back consumption for savers and non‐savers, with the reduction in consumption being more pronounced for savers. These contractions lead to an economic recession in Africa and widen the fiscal and current account deficits, among others. The effects of fiscal stimulus packages in response to the COVID‐19 pandemic and various financing mechanisms are also examined. A key finding is that various policy responses to the emerging COVID‐19 induced macroeconomic imbalances have diverse implications, which should be carefully examined to mitigate the negative consequences while maximizing the opportunities for a swift, stronger and more inclusive economic recovery.

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The effect of shocks to GDP on employment in SADC member states during COVID‐19 using a Bayesian hierarchical model

Cited by 8 publications

References 12 publications

Unveiling the Missing Link: Women in Stem Leadership – A Comprehensive Review

Unveiling the Missing Link: Women in Stem Leadership – A Comprehensive Review

COVID-19 Induced Economic Slowdown and Mental Health Issues

Fiscal sustainability in Africa: Accelerating the post‐COVID‐19 recovery through improved public finances

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