Template-Type: ReDIF-Article 1.0 Author-Name: Udaya Raj Adhikari Author-Name-First: Udaya Raj Author-Name-Last: Adhikari Author-Email: rajudaya98@gmail.com Author-Workplace-Name: Prithivi Narayan Campus Title: COVID-19: The Economic Outlook, Impact, Authorities and Long Term Strategies of Nepal Abstract: The paper introduces a coronavirus pandemic impact on the economy from a variety of dimensions such as economic outlook, growth shock, recession curve analysis, the role of regulators and proposed long term strategies. This paper also analyzes the impact of the coronavirus pandemic on the growth of the economy. The study observed about the consequences of the pandemic with the help of three shaped of curve called U, L and V. Also, this study used the secondary published data from International financial institutions such as World Bank and Asian Development Bank as to describe the current growth and also predict the pre-COVID economic growth of Nepal. Classification-JEL: E66 Keywords: Economic Shock, Regulators, Recession, Governance, Role of the State Journal: International Journal of Business and Management Pages: 1-10 Volume: 8 Issue: 1 Year: 2020 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25657 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25657?download=1 Handle: RePEc:sek:jijobm:v:8:y:2020:i:1:p:1-10 Template-Type: ReDIF-Article 1.0 Author-Name: Nouran Hussein Author-Name-First: Nouran Author-Name-Last: Hussein Author-Email: nouki@aucegypt.edu Author-Workplace-Name: The American University in Cairo & Cairo University Author-Name: Jasmin Fouad Author-Name-First: Jasmin Author-Name-Last: Fouad Author-Email: jfouad@aucegypt.edu Author-Workplace-Name: The American University in Cairo & Cairo University Title: When the Art of Macroeconomic Management Confronts the Evolution of Business Cycles: Zooming into the Egyptian Case Abstract: The growing importance of macroeconomic management over time dictates the need to understand what constitutes effective management of monetary and fiscal policies during business cycles. This study aims at scrutinizing this topic empirically using Egypt as a case study during the timeframe FY 1988/89 ? FY 2015/16. The business cycles have been dated during that period, and the correlation between some monetary and fiscal tools with industrial production has been tested. Deficit spending was found to be counterproductive in the near team up to the fourth quarter, while expansionary monetary policy is unfavorable for economic growth up to two subsequent quarters due to its consequential inflationary effect. Classification-JEL: E30, E52, E62 Keywords: Monetary Policy, Fiscal Policy, Business Cycle Journal: International Journal of Business and Management Pages: 11-34 Volume: 8 Issue: 1 Year: 2020 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25650 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25650?download=2 Handle: RePEc:sek:jijobm:v:8:y:2020:i:1:p:11-34 Template-Type: ReDIF-Article 1.0 Author-Name: Angelo Leogrande Author-Name-First: Angelo Author-Name-Last: Leogrande Author-Email: angelo.leogrande@dyrecta.com Author-Workplace-Name: Dyrecta Lab s.r.l. Author-Name: Alessandro Massaro Author-Name-First: Alessandro Author-Name-Last: Massaro Author-Email: alessandro.massaro@dyrecta.com Author-Workplace-Name: Dyrecta Lab s.r.l. Author-Name: Maurizio Galiano Author-Name-First: Maurizio Author-Name-Last: Galiano Author-Email: maurizio.galiano@dyrecta.com Author-Workplace-Name: Dyrecta Lab s.r.l. Title: The Location of Superstores in Italy: A Metric Approach Abstract: The role of socio-economic determinants for superstore location is analyzed. Data are collected by Italian Minister of Economic Development and ISTAT. Results show a positive effect of superstore location in respect to GDP, Employment and population. Panel data analysis shows positive relations among superstore location and Instruction and Formation, Economic Wellness, Social Relationships. Classification-JEL: C38, C33, R30 Keywords: Cluster Analysis, Panel Data, Branding, Location Journal: International Journal of Business and Management Pages: 35-64 Volume: 8 Issue: 1 Year: 2020 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25583 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25583?download=3 Handle: RePEc:sek:jijobm:v:8:y:2020:i:1:p:35-64 Template-Type: ReDIF-Article 1.0 Author-Name: Iwona Lupa-Wójcik Author-Name-First: Iwona Author-Name-Last: Lupa-Wójcik Author-Email: iwona.lupa@wp.pl Author-Workplace-Name: Pedagogical University of Krakow Title: TO WHAT EXTENT HOUSEHOLD MEMBERS INFLUENCE THE PURCHASING DECISIONS OF FACEBOOK USERS IN CASE OF SELECTED PRODUCTS? NEW FACEBOOK ADS TOOL CONSIDERATION Abstract: Facebook has played a significant role in the advertising budget of companies for a long time already. This social network provides complex advertising tools for organizations. For example, there is a possibility to target one advertisement to all family members or only to that household member who has a decisive influence on consumer decisions in a given household. Identifying people who actually make decisions about household purchases means more effective advertising for businesses. The article presents the results of surveys reaserch conducted on Polish Facebook users. The research concerns consumer decisions taken in relation to various types of products. Different household sizes and different incomes were included. Classification-JEL: M00, M21, M30 Keywords: Consumer decisions, Facebook, Advertising, Household, Social media Journal: International Journal of Business and Management Pages: 65-84 Volume: 8 Issue: 1 Year: 2020 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-23111 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-23111?download=4 Handle: RePEc:sek:jijobm:v:8:y:2020:i:1:p:65-84 Template-Type: ReDIF-Article 1.0 Author-Name: Wasanth Madurapperuma Author-Name-First: Wasanth Author-Name-Last: Madurapperuma Author-Email: wasanthi@kln.ac.lk Author-Workplace-Name: University of Kelaniya, Colombo Author-Name: Ruwan Higgoda Author-Name-First: Ruwan Author-Name-Last: Higgoda Author-Email: ruwanatc.ans@airport.lk Author-Workplace-Name: Air Traffic Controller, Bandaranaike International Airport Title: AIR-TRANSPORTATION, TOURISM AND ECONOMIC GROWTH INTERACTIONS IN SRI LANKA: COINTEGRATION AND CAUSALITY ANALYSIS Abstract: Air travel growth is one of the notable responsibilities of a government specifically for an economy which depends heavily on tourism. Air travel strengthens destinations by enhancing connectivity, arrivals and other tourism reactions therefore it is recognized as a medium of revenue generation, work opportunity creation and sustainable business development. The aim of this study is to examine the causal relationship between tourism, air travel and economic growth in Sri Lanka for period of 1983-2019. The study employs the Cointegration and Granger causality approach. The results confirm that there is a stable uni directional relationship running from air transportation to economic growth in the short run bidirectional causality exists between air travel and tourism growth in Sri Lanka. The findings suggested that policymakers do not over-rely on air transportation for economic growth and that they pay more comprehensive attention to integrate the air transportation and tourism growth. It recommends policy makers to develop integrated strategies that connect air travel, tourism and economic growth. Classification-JEL: L93, O18, C32 Keywords: Air travel; Tourism, Tourist arrivals, Economic growth (GDP), Cointegration, Vector Error Correction Model; Causality Journal: International Journal of Business and Management Pages: 85-107 Volume: 8 Issue: 1 Year: 2020 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25658 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25658?download=5 Handle: RePEc:sek:jijobm:v:8:y:2020:i:1:p:85-107 Template-Type: ReDIF-Article 1.0 Author-Name: Helena Mitwallyová Author-Name-First: Helena Author-Name-Last: Mitwallyová Author-Email: mitwally@volny.cz Author-Workplace-Name: Faculty of Economics, University of Economics, Prague Author-Name: Vukica Jankovi? Author-Name-First: Vukica Author-Name-Last: Jankovi? Author-Email: jankovic.vukica@gmail.com Author-Workplace-Name: Faculty of International Relations, University of Economics, Prague Title: Serbia and the Czech Republic ? Comparison of Railway Infrastructure Abstract: The railway infrastructure is closely connected with economic development. The degree of its influence on a country?s economy is interrelated to its condition. The article analyses a situation in two post-Communist countries: Serbia and the Czech Republic in comparison with a number of selected European countries. The investments into the railway infrastructure are substantially subject to governmental activities as private investments are close to non-existent in the post-communist countries. The EU recognises the importance of the railway infrastructure and allocates subsidies by the way of structural funds into the construction of TEN-T network as well as into the reconstruction of the regional tracks. In the Balkan states, however, this role is adopted by the Russian Federation and newly by China; both the countries have realised the strategic position of the Balkan states in Europe while strengthening their role in this region. The countries of the former Eastern Block face a massive decline in the use of the railway, especially in passenger transportation. While the situation has been slowly improving in the Czech Republic, Serbia has been fighting a huge drop of interest in the railway since the beginning of the 1990s, which was mainly caused by its poor condition. The article points out the consequences that have arisen due to underestimated investments into the railway infrastructure in recent years deriving from the economic development of these economies. It highlights the necessity to consider the investment into the railway infrastructure from a long-term perspective and analyses the consequences of infrastructure destruction or sudden investment failures that have an immediate negative impact on the economy of the whole country.* This research was supported by Internal Grant Agency, FNH, VSE, IGA 506010. Classification-JEL: L92, H54, R42 Keywords: Railway infrastructure, Transport, Investment, Economy, GDP Journal: International Journal of Business and Management Pages: 108-121 Volume: 8 Issue: 1 Year: 2020 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25577 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25577?download=6 Handle: RePEc:sek:jijobm:v:8:y:2020:i:1:p:108-121 Template-Type: ReDIF-Article 1.0 Author-Name: Manishkumar Saini Author-Name-First: Manishkumar Author-Name-Last: Saini Author-Email: manish.saini306@gmail.com Author-Workplace-Name: Faculty of Production Engineering, Warsaw University of Technology Title: Impact of Economic Competitiveness on Indian and Chinese Production Development Abstract: The graduation thesis aims to determine the Impact of economic competitiveness on Indian and Chinese production Development. This Graduation thesis determines economic competitiveness of two major global economies of the world that is India and China with help of Key process Indices like GDP, Labour Product, Employment, Life expectancy, Median household income, Income Gini, Poverty rate, Wealth Gini, Adjusted net saving, Dependency Ratio, Public Debt, the Carbon intensity of GDP. Competitiveness refers to the skills to dominate and retain position within the market, to extend market share and gain, and eventually to consolidate commercial activities. The rising standard of living with high levels of employment means that the country is competitive. At the macro-level national competitiveness is outlined because of the ability of states to attain economic progress quicker than alternative countries and to increase the movement of international trade. Competitiveness primarily involves the economic development of all the factors in the demand for national competitiveness. The importance of the idea of competitiveness is currently firmly embedded within the economic key process Indices of countries around the world. Therefore, measuring, understanding and analyzing competition at various economic levels become an important issue with intention to search out the ways that can potentially enhance the economic performance of states, regions, and country as a whole . The assessment of competitiveness is undertaken based on the measure of competitiveness to get a more complete overview of competitiveness. Accordingly, the competitiveness of India and China is measured using economic factors like GDP, Labour market, Employment, Life expectancy, Median household income, Income Gini, Poverty rate, Wealth Gini, Adjusted net saving, dependency Ratio, public debt, the carbon intensity of GDP. Based on the comparison of economic competitiveness of India and china it can be concluded that China is economically ahead of India in terms of Labour product, employment, Gross Domestic Product, adjusted net saving, life expectancy, Income Gini, Wealth Gini, Depth ratio, public depth and low poverty rate as compared to India. Whereas, India is economically ahead of China in terms of the carbon intensity of the Gross Domestic Product. Hence China has lead over India in terms of economic competitiveness. Classification-JEL: F00 Keywords: Competitiveness, Prosperity, Macroeconomic, Employment, Inclusion, Inflation Journal: International Journal of Business and Management Pages: 122-154 Volume: 8 Issue: 1 Year: 2020 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25643 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25643?download=7 Handle: RePEc:sek:jijobm:v:8:y:2020:i:1:p:122-154 Template-Type: ReDIF-Article 1.0 Author-Name: Miroslav Sevcik Author-Name-First: Miroslav Author-Name-Last: Sevcik Author-Email: sevcik@vse.cz Author-Workplace-Name: Faculty of Economics, University of Economics, Prague Author-Name: Adela Zubikova Author-Name-First: Adela Author-Name-Last: Zubikova Author-Email: adela.zubikova@vse.cz Author-Workplace-Name: Faculty of Economics, University of Economics, Prague Author-Name: Josef Klement Author-Name-First: Josef Author-Name-Last: Klement Author-Email: josef.klement@vse.cz Author-Workplace-Name: Faculty of Economics, University of Economics, Prague Author-Name: Jan Kozak Author-Name-First: Jan Author-Name-Last: Kozak Author-Email: jan.kozak@vse.cz Author-Workplace-Name: Faculty of Economics, University of Economics, Prague Author-Name: Martin Zeman Author-Name-First: Martin Author-Name-Last: Zeman Author-Email: martin.zeman@vse.cz Author-Workplace-Name: Faculty of Economics, University of Economics, Prague Author-Name: Pavel Smolak Author-Name-First: Pavel Author-Name-Last: Smolak Author-Email: pavel.smolak@vse.cz Author-Workplace-Name: Faculty of Economics, University of Economics, Prague Author-Name: Tomas Lejsek Author-Name-First: Tomas Author-Name-Last: Lejsek Author-Email: plevel123@gmail.com Author-Workplace-Name: Faculty of Economics, University of Economics, Prague Author-Name: Lubor Simunek Author-Name-First: Lubor Author-Name-Last: Simunek Author-Email: siml02@vse.cz Author-Workplace-Name: Faculty of Economics, University of Economics, Prague Author-Name: Kristyna Vesela Author-Name-First: Kristyna Author-Name-Last: Vesela Author-Email: veselakristyna2001@gmail.com Author-Workplace-Name: Faculty of Economics, University of Economics, Prague Title: Economic Policy Recommendations During the Coronavirus Pandemic in the Czech Republic Abstract: The authors of the paper formulated selected recommendations for economic policy in the Czech Republic, the aim of which was primarily to mitigate the economic effects of the COVID-19 pandemic and to prevent a long-term recession. The authors of the text believe that, in order to strengthen the robustness of the economy, it is essential to support not only the demand side of the economy but also the supply side through fiscal impulses from public budgets, which have been automatically used by governments across the European Union. Recommendations leading to the reduction of the tax burden, the elimination and reduction of selected tax rates or the cancelling of the next phase of electronic records of sales are presented. Fiscal measures are supplemented by recommendations for monetary policy ? namely the reduction of the basic repo rate and warnings of breaches of the economic paradigm and moral hazard associated with the purchase of government bonds by the central bank. Furthermore, a proposal for the faster loosening of restrictions to allow the resumption of economic and educational activities is also presented. In support of industry, the authors of the text strongly warn against the acceptance of the ?European Green Deal? which could permanently damage the competitiveness of the European economy and lead to a long-term reduction in the well-being of EU citizens. The authors also warn against the permanent implementation of regulatory elements into national legislation, which reduce the degree of individual freedom, increase the degree of redistribution and are thus in fundamental conflict with the principles of free market competition. Finally, the text draws attention to the Ratchet effect associated with all the discussed processes and to the degeneration of supranational institutions and their étatist attempts at destroying the market-conforming arrangement of economic and political conditions. Classification-JEL: E52, E62, H12 Keywords: Fiscal policy, Monetary policy, Economic policy measures, Economic policy implications, COVID-19, Coronavirus, Czech Republic, Green policy Journal: International Journal of Business and Management Pages: 155-175 Volume: 8 Issue: 1 Year: 2020 Month: May File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25677 File-URL: https://iises.net/international-journal-of-business-management/publication-detail-25677?download=8 Handle: RePEc:sek:jijobm:v:8:y:2020:i:1:p:155-175