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1.
Energies (19961073) ; 16(11):4271, 2023.
Article in English | Academic Search Complete | ID: covidwho-20244998

ABSTRACT

The ongoing Russia–Ukraine conflict has exacerbated the global crisis of natural gas supply, particularly in Europe. During the winter season, major importers of liquefied natural gas (LNG), such as South Korea and Japan, were directly affected by fluctuating spot LNG prices. This study aimed to use machine learning (ML) to predict the Japan Korea Marker (JKM), a spot LNG price index, to reduce price fluctuation risks for LNG importers such as the Korean Gas Corporation (KOGAS). Hence, price prediction models were developed based on long short-term memory (LSTM), artificial neural network (ANN), and support vector machine (SVM) algorithms, which were used for time series data prediction. Eighty-seven variables were collected for JKM prediction, of which eight were selected for modeling. Four scenarios (scenarios A, B, C, and D) were devised and tested to analyze the effect of each variable on the performance of the models. Among the eight variables, JKM, national balancing point (NBP), and Brent price indexes demonstrated the largest effects on the performance of the ML models. In contrast, the variable of LNG import volume in China had the least effect. The LSTM model showed a mean absolute error (MAE) of 0.195, making it the best-performing algorithm. However, the LSTM model demonstrated a decreased in performance of at least 57% during the COVID-19 period, which raises concerns regarding the reliability of the test results obtained during that time. The study compared the ML models' prediction performances with those of the traditional statistical model, autoregressive integrated moving averages (ARIMA), to verify their effectiveness. The comparison results showed that the LSTM model's performance deviated by an MAE of 15–22%, which can be attributed to the constraints of the small dataset size and conceptual structural differences between the ML and ARIMA models. However, if a sufficiently large dataset can be secured for training, the ML model is expected to perform better than the ARIMA. Additionally, separate tests were conducted to predict the trends of JKM fluctuations and comprehensively validate the practicality of the ML models. Based on the test results, LSTM model, identified as the optimal ML algorithm, achieved a performance of 53% during the regular period and 57% d during the abnormal period (i.e., COVID-19). Subject matter experts agreed that the performance of the ML models could be improved through additional studies, ultimately reducing the risk of price fluctuations when purchasing spot LNG. [ FROM AUTHOR] Copyright of Energies (19961073) is the property of MDPI and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full . (Copyright applies to all s.)

2.
Review of International Political Economy ; 30(3):865-890, 2023.
Article in English | Academic Search Complete | ID: covidwho-20243480

ABSTRACT

The COVID-19 pandemic and global responses to this crisis reveal the changing landscape of global health governance. As countries around the world struggle to secure COVID-19 vaccines for their citizens, some non-Western powers have actively distributed vaccines internationally – an act broadly recognized as vaccine diplomacy. While existing literature suggests that geopolitical concerns affect the selection of recipient countries, it has yet to explain other aspects of vaccine diplomacy. Why are some countries focused on vaccine sales while others are more open to donation? Why do some prefer bilateral to multilateral channels in distributing vaccines? Through comparative analysis of China, India, and Russia, this article shows that political economic factors, in addition to geopolitics, shape the ways non-Western powers conduct vaccine diplomacy. We argue that these countries adjust their strategies in line with their relative advantages in development, manufacturing, and delivery of vaccines. Each country has unique strengths and weakness, which gives rise to the varied patterns in vaccine diplomacy. Our findings suggest that their strategies of vaccine diplomacy are enabled as well as constrained by their economic realities, and the rise of these countries in this field does not necessarily mean an outright challenge to the existing international system. [ FROM AUTHOR] Copyright of Review of International Political Economy is the property of Routledge and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full . (Copyright applies to all s.)

3.
Economic and Social Development: Book of Proceedings ; : 225-231, 2023.
Article in English | ProQuest Central | ID: covidwho-20243311

ABSTRACT

In 2021 the OECD launched the Global Minimum Company Tax to implement the Action 1 of the BEPS Project. This instrument has seen as a good mechanism to prevent company avoiding taxes at the global level and to stop existence of the harmful tax regimes worldwide, as well as a good mechanism to achieve fair taxation in the era of global digitalization. However, the broke-out of the COVID-19 pandemic and, consequently, the close of the national borders, then armed conflict between Russia and Ukraine, boost financial crisis and the crises in almost all social and industrial spheres at the global level. Such unwilling trend, between all, has influenced behavior of the companies and the initial optimism of the OECD and other international organizations that the global minimum company tax, at the very end, would end existence of the harmful tax regimes, tax avoidance and unfair taxation, dropped significantly. Therefore, at the very end of the 2022 and the beginning of the 2023, the OECD launched consultation document on tax certainty in the application of the Pillar Two of the global minimum tax known as a GloBE (Global Anti-Base Erosion) Model Rules. This paper deals with mentioned issue and actual problems that the application of the GLoBE rules is faced with.

4.
Made in China Journal ; (2)2022.
Article in English | ProQuest Central | ID: covidwho-20243090

ABSTRACT

[...]it is often argued—as by Yifei Li and Judith Shapiro, for example—that China's dictatorship should be an advantage in this context: ‘Given the limited time that remains to mitigate climate change and protect millions of species from extinction, we need to consider whether a green authoritarianism can show us the way' (Li and Shapiro 2020, quoted from the publisher's book description). Since CCP bosses do not have to contend with public hearings, environmental studies, recalcitrant legislatures, labour unions, a critical press, and so on, Xi should be able to force state-owned polluters to stop polluting or else, and ram through his promised transition to renewable energy (see Smith 2017, 2020c). Climate Action Tracker estimates that in 2021 China's emissions increased by 3.4 per cent to 14.1 gigatonnes of carbon dioxide equivalent (GtCO2e)—nearly triple those of the United States (4.9 GtCO2e) with a gross domestic product just three-fourths as large (CAT n.d.;EIA 2022). Since 2019, China's emissions have exceeded those of all developed countries combined and presently account for 33 per cent of total global emissions (Larsen et al. 2021;IEA 2021). In the first half of 2021, rebounding from the first wave of Covid-19, China's carbon dioxide emissions surged past pre-pandemic levels to reach an all-time high 20 per cent increase in the second quarter before dropping back in late 2021 and the first half of 2022 as the real estate collapse, Omicron lockdowns, and drought-induced hydropower reductions slashed economic growth to near zero in the summer (Hancock 2021;Myllyvirta 2022a;Riordan and Hook 2022). China promised to stop building coal-fired power plants abroad, but it is building more than 200 new coal-fired plants at home in a drive to boost economic growth, maintain jobs in coal-dependent regions, and ensure energy self-sufficiency—locking the country into coal reliance for many decades to come, derailing the transition to renewables, and dooming Xi's UN pledge to transition to a green and low-carbon mode of development (Xie 2020).

5.
Vestnik Rossijskoj Voenno-Medicinskoj Akademii ; 24(4):775-788, 2022.
Article in Russian | Scopus | ID: covidwho-20242674

ABSTRACT

The study analyzed available literatures covering the organization of measures to combat the COVID-19 pandemic in the healthcare systems of the Russian Federation and several foreign countries. For the comprehensive assessment of the specifics of organizing measures to combat the COVID-19 pandemic, countries were chosen based on geographical distances from China (the closest is Korea, and the most remote are the Great Britain and Haiti), maximum population on their continent (the United States is in North America, and Brazil in South America), and significant differences in the functioning of the healthcare systems. The peculiarities of organizing measures to combat the COVID-19 pandemic in the considered countries were associated with a complex of political, financial, economic, demographic, and organizational factors, the individual combination of which determined the peculiarities of the development of the epidemic process in each specific case. Moreover, as a priority manifestation of the severity of these factors, the capabilities of the healthcare system, including the availability of services of medical workers, sufficient number of testing equipment, medical protection equipment, hospital beds, and other parameters, should be considered. The main role was played by global state strategies implemented in the healthcare systems of the analyzed countries at the pre-epidemic stage and, in most cases, aimed at optimizing the financial and economic provisions of state guarantees of medical care. The general criteria for the differential diagnosis of COVID-19 in the national recommendations of all the states considered were respiratory symptoms and general infectious intoxication. In addition, fever and respiratory symptoms were accepted as priority criteria for COVID-19 screening. © 2023 Vestnik Rossijskoj Voenno-Medicinskoj Akademii. All rights reserved.

6.
Pharmaceutical Technology Europe ; 33(11):36-39, 2021.
Article in English | ProQuest Central | ID: covidwho-20242127

ABSTRACT

Notably, pre-approval inspection (PAI) includes the added evaluation of authenticity of submitted data and link to dossier (1). Since 2003, EFPIA has conducted and reported an annual survey of good manufacturing practice (GMP) and good distribution practice (GDP) inspections and related International Organization for Standardization (ISO) audits to monitor inspection activity and trends in research-based industry (2-4). [...]the number of manufacturing sites without an inspection (domestic or foreign) was in the same range as in previous years (36% in 2020;26% in 2019;31% in 2018 [4]). [...]the regulatory oversight of manufacturing sites is consistent. Some key company responses from the survey questions include the fact that there was no change in the number and severity of observations reported;no significant differences in the outcome of GMP/GDP inspections or ISO-audits were reported;more than 90% of companies stated that there was no change in the number or type of observations;some shifts in observations were described by individual companies;and no challenges regarding drug shortage prevention measures were reported. [...]with paper-based inspections, some companies reported the start and end date of a paper-based inspection, even if the days in between were not used. [...]the duration of paper-based inspections was

7.
Energy Research & Social Science ; 102:103150, 2023.
Article in English | ScienceDirect | ID: covidwho-20240896

ABSTRACT

Despite the urgent need to reduce coal consumption to mitigate climate change, coal has received renewed interest as a source of energy due to the perfect storm of climate, health, geopolitical and energy crises. Post-COVID recovery boosted global coal production and Asian coal consumption. Because of the 2022 Russian invasion of Ukraine, coal saw a rise in demand in Europe to replace sanctioned natural gas and oil. Combined with volatile prices, these developments highlight profound uncertainties for the world's coal exporters. This paper focuses on Russia, which so far has been the world's largest fossil fuel exporter and third-largest coal exporter and where the coal sector is the backbone of several regional economies and local communities. Using the Triple Embeddedness Framework (TEF), the paper reviews internal and external pressures on the Russian coal industry and evaluates its capacity to adapt to the rapidly changing socio-political and techno-economic environment. Russian coal exporters have attempted to accelerate their shift to the East following the European Union's sanctions over the war in Ukraine and the Russian coal infrastructure is being expanded to serve the Asia-Pacific market. The analysis concludes that the Russian coal industry is not preparing for more long-term changes in international coal markets, and this exacerbates the magnitude of risks for local communities and regional economies within Russia as well as for global decarbonisation.

8.
Teaching Public Administration ; 41(1):82-98, 2023.
Article in English | ProQuest Central | ID: covidwho-20240649

ABSTRACT

The main aim of the study was to analyze the impact of the COVID-19 Pandemic both on the public services and on public administration (PA) education, to find out how the process of teaching of future public administrators had changed during the Pandemic and how these changes could possibly influence the process of teaching public administrators in future. The research methods included theoretical and analytical research methods, the methodology of empirical research, and comparative research methods. The latest works of PA scholars in the global context, the materials of the study provided by the teams of teachers of the leading Russian universities concerning teaching experience during 2020, and the latest data provided from the analysis carried out at the Institute for Social Sciences of Russian Presidential Academy of National Economy and Public Administration, Moscow, in the conditions of distant and mixed learning in 2020-2021, allowed the author to give some practical advice to teachers and education managers concerning the improvement of the educational programs for PA students regarding the new conditions of the study. The main conclusion made on the results of the analysis is that digitalization of teaching and learning process and organization of distant learning at the time of the COVID-19 Pandemic should be considered to be the most important issues in PA education which could be applied in PA education in future. The recommendations concerned such aspects as the development of digital competencies of students, distant regime implementation, new pedagogy and digital didactics, socialization of students, internationalization and academic mobility of students, improving the qualifications of teachers and university management teams, research work, and the development of meta-competencies of future public servants.

9.
Aid, Trade and Development: The Future of Globalization, Second Edition ; : 1-431, 2022.
Article in English | Scopus | ID: covidwho-20239719

ABSTRACT

This volume presents a broad sweep of modern economic history underpinning aid, trade, development and globalization in the last half century and the salient challenges facing the global community today. The author draws on his long years as an academic and development practitioner to recommend what needs to be done to cope with the backsliding of the fight against global poverty, fractured geopolitics and the threats to the multilateral economic order. The new, revised edition analyses how unilateralism, rising protectionism and the Covid-19 pandemic seriously threaten global sustainable development. It concludes with recommendations on the policy changes needed to make globalization more equitable and development more sustainable. This book will be of interest to researchers and students of economic development and economic history, as well as all those concerned about global inequality and sustainability. © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022.

10.
Izvestiya Rossiiskoi Akademii Nauk Seriya Geograficheskaya ; 86(3):393-415, 2022.
Article in Russian | Scopus | ID: covidwho-20238074

ABSTRACT

Against the backdrop of global trends, the main directions, methodological approaches, and the most striking research results in the field of geopolitics and political geography in 2011–2021 are considered. Political geography is being widely integrated with adjacent scientific areas. Russian political geography and, to a much lesser extent, geopolitics are based on a wide range of concepts known in world literature. Researchers in these areas are promptly responding to current foreign policy and other challenges, including the coronavirus pandemic. Particular attention is being paid to geopolitical publications about the pivot of Russian foreign policy to the East and the Greater Eurasia concept. Since the 2010s, the theory of critical geopolitics has become more widespread in Russia, operating not with speculative reasoning, but with large amounts of information analyzed by modern quantitative methods. The flow of studies of state borders and frontiers is growing. In such publications, a large place is occupied by works devoted to the growing gradients in the pace and directions of economic development between former USSR countries. Shifts in the topic of border studies are associated with the deeper study of security issues. Many works reflect the desire to preserve the positive experience of cross-border cooperation between Russian and European partners in a deteriorating environment. The greatest number of Russian publications on regionalization at different spatial levels involve the Baltic Basin. There is a growing body of research on territorial conflicts and separatism. Russian geographers and representatives of related sciences have made a significant contribution to studying the problems of uncontrolled territories and unrecognized (partially recognized) post-Soviet states. Conflicts around unrecognized (partially recognized) states in the post-Soviet space are considered in relation to their internal differences, complex composition, vicissitudes of formation and identity of the population, influence on neighboring regions of Russia and in historical retrospect. © Russian Academy of Sciences. All Rights Reserved.

11.
Spatial Economics ; 19(1):71-92, 2023.
Article in Russian | Scopus | ID: covidwho-20237636

ABSTRACT

This paper examines regional differences in the demand for digital skills based on an analysis of 9 million vacancies posted on the Unified Digital Platform ‘Work in Russia' in 2018–2022. We examine approaches used in the literature to classify digital skills and using it develop our own classification. The paper studies the advantages and limitations of various indicators of the demand for digital skills. We suggest that the ratio between the share of vacancies requiring digital skills of a certain group in the region and the labor force population should be used as the most appropriate one. The results of the study show that in Russia there is still a significant regional differentiation in the employer's demand for all selected groups. Differentiation increased with the beginning of the COVID-19 pandemic, and decreased slightly in 2021–2022. We reveal that regions with a higher level of economic development have higher requirements for digital skills. Digital skills are more often required in regions specialized on primary production and less often in agricultural regions. Of the federal districts, a slightly higher level of demand for digital skills is observed in the Ural and Far Eastern federal districts, while a significantly lower level is observed in the North Caucasus federal district. © 2023 Spatial Economics. All rights reserved.

12.
Sustainability ; 15(11):8854, 2023.
Article in English | ProQuest Central | ID: covidwho-20237612

ABSTRACT

Energy poverty is a multifaceted phenomenon that affects many Europeans. Alleviating energy poverty is high in the EU, national, and local policy agendas. Despite the attention the phenomenon has been gaining from a policy perspective, especially after the current energy crisis, there are still some gaps due to the complexity of the issue and its vastly different manifestations across Europe. This manuscript presents the policy implications stemming from the implementation of the POWEPROOR approach in alleviating energy poverty in eight European countries, as co-created with relevant stakeholders in each country. The knowledge gained from empowering energy-poor citizens by promoting behavioural changes and small-scale energy efficiency interventions, as well as by encouraging the uptake of renewable energy sources in the form of collective energy initiatives while leveraging innovative financing schemes, resulted in policy recommendations for national and sub-national governments and lessons for civil society and the private sector.

13.
Perspectives in Education ; 41(1):74-87, 2023.
Article in English | ProQuest Central | ID: covidwho-20236949

ABSTRACT

Scholars from three universities in three different parts of the world - North America, Africa, and Eurasia - across different cultures, disciplines, and contexts, collaborated with the objective of advancing transversal skills and intercultural competences through immersing their students in international virtual teamwork. Students and lecturers represented the Appalachian State University (United States of America), University of the Free State (South Africa), and Novgorod State University (Russia). In this article, we share our lessons learned from the challenges we faced in the hopes of deepening understanding in higher education concerning what can be accomplished through remote learning across continents and cultures. This work allowed us to be ahead of the collapse of traditional teaching on campuses caused by the COVID-19 pandemic, as we had prior experience of online pedagogies reaching across international borders, cultures, time zones, and languages. Even during hard lockdown, when travelling abroad was impossible, our students experienced internationalised curricula, interacted with international scholars and staff, and were able to continue with the programme as planned. We began this work more than five years prior to the pandemic;therefore, these efforts led to successfully switching to online learning in other courses. We began with engaging staff members as well as students in ongoing, project-based collaboration across cultures from these institutions. This required the use of synchronous and asynchronous digital platforms, which would enable staff members and students to work collaboratively for six to eight weeks to create realistic projects. Staff members began to compile the collaborative co-creating courses that would be taught together, thus combining and adapting various pedagogical approaches. We then shared the responsibility for co-facilitating each course, despite different philosophies of teaching and learning. The result was a balanced blend of pedagogies, allowing students to collaborate successfully with students from the other universities. Students overcame a number of challenges: (a) cultural differences;(b) infrastructure for technology platforms;(c) time zones;(d) languages;(e) age and generational differences;(f) unfamiliarity with various pedagogies;(g) interaction with other cultures and settings;and (h) stereotypes fuelled by popular media. We share our journey and the strategies that addressed these challenges, including the use of technology and results from this continued collaboration.

14.
Spatial Economics ; 19(1):93-120, 2023.
Article in Russian | Scopus | ID: covidwho-20236128

ABSTRACT

The COVID-19 pandemic has demonstrated that the lack of consideration of the local specifics of territories, such as the specifics of socio-economic interactions, labor market characteristics, leads to serious social or economic consequences when developing response measures to epidemiological threats. The creation of a typology of territories (urban districts / okrugs) makes it possible to more accurately select measures to regulate socio-economic interactions in the event of future complications of the epidemiological situation. Clustering of municipalities according to a set of local factors that significantly explain the severity of the pandemic in the first year made it possible to identify three types of urban districts that differ in population size and intensity of socio-economic interactions (SEI): these are key service centers with a high intensity of SEI, local centers with medium SEI intensity, small towns with low SEI intensity. © 2023 Spatial Economics. All rights reserved.

15.
COVID-19 in Zimbabwe: Trends, Dynamics and Implications in the Agricultural, Environmental and Water Sectors ; : 3-16, 2023.
Article in English | Scopus | ID: covidwho-20235052

ABSTRACT

The advent of COVID-19 had implications for various sectors of the economy, compounding the challenges set in motion by climate change. Whilst the dawn of 2021 came with hope for recovery from the pandemic, the beginning of 2022 came with another complexity of the Russia-Ukraine war, which hampered recovery efforts. This book examines the trends, dynamics, and implications of COVID-19 for agriculture, environment, and water sectors within the broader context of Sustainable Development Goals using a cocktail of primary and secondary research techniques. The book adopts the quantitative, qualitative, and multi-methods of enquiry. Findings show the increasing temporal trend of COVID-19 cases following periodic waves and spatially variable distribution of cases, with more cases in densely populated urban areas. These trends and dynamics, influenced by a web of intermingling factors, have had ramifications on the agricultural, environmental, and water sectors and subsectors with consequent negative outcomes on virtually all facets of life. The recovery process is being hampered by several factors ranging from poor governance, which results in policy distortions and other global factors. Climate change and the Russia- Ukraine war have complicated the COVID-19 recovery process by pushing up oil and food prices, rendering the poor more vulnerable to food insecurity and increased poverty, challenging Zimbabwe's economic resilience. Social safety nets and tackling climate change and other policy distortions are critical to ensure a sustainable future. © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023.

16.
Trames ; 27(2):115-126, 2023.
Article in English | Scopus | ID: covidwho-20234821

ABSTRACT

Reconnaissance and monitoring activities of actors on the Internet are becoming indispensable security tools for governments around the world. The Deep Web as part of the Internet protects actors. However, cheap and reliable encryption and online identity protection have become attractive to state and non-state actors in the cyber domain. Unfortunately, part of the Deep Web, the Dark Web is now offering to training terrorists, and trading arms and illicit substances. The Dark Web represents a communication and information systems infrastructure where actors are anonymous and the services are adaptable to the demands of geopolitical circumstances. This paper analyzes the ways of using the Dark Web and its impact on the information environment since the global war on terrorism began, through a period when humanity struggled with Covid-19 pandemic to the war in Ukraine. © 2023 Authors.

17.
Understanding Post-COVID-19 Social and Cultural Realities: Global Context ; : 13-26, 2022.
Article in English | Scopus | ID: covidwho-20234733

ABSTRACT

The outbreak of Novel Corona Virus (COVID-19) is one of the biggest dangers humanities has faced so far in the twenty-first century. Big international actors, militarily-powerful and economically-vibrant nations across the globe have fallen prey to an unprecedented human tragedy. The world community continues to be engaged in protecting its citizens as the top most priority using every possible means. In the meantime, the pandemic has added new dimensions, altering the international order both economically and strategically. The pandemic may well be remembered as the turning point of the end of an American-led global system that has paved way for the arrival of an Asian century with two Asian giants and emerging global powers, China and India, at the forefront. This chapter, at the outset, dilates upon various dimensions of the pandemic. This chapter foresees big power rivalry in the world stage. While the state of affairs during and following the pandemic will prompt USA to make earnest efforts in resurrecting its lost power, position and preponderance in the global corridor, the chapter argues, Russia will not leave any stone unturned to regain its lost name, fame and glory. Besides, China would make earnest efforts to position itself as a power to reckon with as it has done in the last one decade or so. The paper argues further that amidst struggle for power among big powers, traditional powers from Europe (Great Britain, France and Germany), Asia (India and Japan), Latin America (Brazil) and Australia will have leverage in the new global order that marks the beginning of a new saga of multipolar world. The chapter argues that with the North Atlantic Treaty Organisation (NATO) loosing its significance, important regional organizations like Association of South East Asian Nations (ASEAN), Shanghai Cooperation Organization (SCO), G-20 and BRICS will come forward for a far bigger role in international affairs. However, the paper ends with a positive note that competition among global and emerging powers will continue in a healthy manner, and in case of any conflict or confrontation, strong cooperation will be the only way to achieve peace and stability across the world. This chapter offers a balanced overview of the global order (some may call it disorder) before the pandemic occurred, during and the post-pandemic period, where many a factors and actors play their respective roles. Further, this qualitative study will add significantly and give a varied dimension to the existing researches on the international political and economic order. © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2022, corrected publication 2022.

18.
Journal for Studies in Economics and Econometrics ; 2023.
Article in English | Scopus | ID: covidwho-20232510

ABSTRACT

We contribute to the growing literature examining spill-over effects between international equity markets in the "new normal” disposition and extend upon previous studies to include more recent periods covering the Russia–Ukraine war. Using the Diebold and Yilmaz network method, we estimate the returns and volatility connectedness between developed, emerging and African markets over the period 11 March 2020 to 30 June 2022. Our findings can be summarised in three points. Firstly, the static connectedness analysis informs us that emerging and African (developed) markets are the main net receivers (transmitters) of systemic shocks over the sample period. Secondly, the time-varying connectedness analysis further informs us that network connectedness is higher during the Russia–Ukraine war compared to the announcement of Covid-19 variants. Thirdly, the time-varying market specific analysis distinguishes which individual equities are most or least vulnerable to systemic shocks during the Covid-19 pandemic and Russia–Ukraine war. These findings are relevant for investors in their search for better hedging opportunities in equity markets. Moreover, market regulators should take heed of our findings as the observed build-up of systemic risk following the Russia–Ukraine conflict is an indicative of contagion effects experienced. © 2023 Stellenbosch University.

19.
Vayu Aerospace and Defence Review ; - (3):3-4, 2023.
Article in English | ProQuest Central | ID: covidwho-20232469

ABSTRACT

According to the WHO, this virus still exists in many parts of the globe in some form or the other. After the end of the Cold War in the early 90s, the global geopolitical and geo-economic divide, consequent to the ongoing Russo-Ukraine War, has never been so harshly polarised. [...]it is pertinent to note what President Xi had spoken recently in the National People's Congress stating that he will endeavour to "more quickly elevating the armed forces to world-class standards-and make it a great wall of steel." Importantly, for decades, India does carry some moral authority with itself with its foreign policy based on the Nehruvian concept of nonalignment now aptly called 'strategic autonomy' which has been long respected by the 'third world' now referred to as the 'global south'.

20.
Geo-Economy of the Future: Sustainable Agriculture and Alternative Energy: Volume II ; 2:105-110, 2022.
Article in English | Scopus | ID: covidwho-20231808

ABSTRACT

The research subject is the statehood culture. Transformations in the spiritual and material worlds are directly reflected in the system of state-building. Transformations in the spiritual and material worlds are directly reflected in the system of state-building. Never before has a crisis of social order been accompanied by such a devastating pandemic. Crisis phenomena have affected the main human-made attributes—the economy and the government. The government provides security, social protection, law and order, and justice as the common good. The COVID-19 crisis confirmed that even in the face of global shocks, the national economy becomes the guarantor of the well-being of its people and that there is a certain limit to economic security that cannot be left open. The destructive forces of transnational monopolies, who perceive national borders with their customs supervision and trade policies as a hindrance, have descended upon nation-states. The American way of democracy is realized through the destruction of nation-states and the forcible imposition of a single form of statehood on all people. This state of affairs necessitates the reconsideration of the assessment of the experience of countries using other forms of economic and social orientation and getting good results. It is necessary to turn to the historical experience of Russia, whose peoples have an unprecedentedly high national instinct, which allows overcoming the crisis of statehood. © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022.

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