Post<scp>COVID</scp>‐19 exit strategies and emerging markets economic challenges

Aizenman, Joshua; Ito, Hiro

doi:10.1111/roie.12608

Cited by 7 publications

(3 citation statements)

References 25 publications

(23 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In particular, countries with high public debt levels apply economic policies based on fiscal austerity measures, including spending cuts or tax increases, which could negatively impact the funding for healthcare systems [50] – [52] . In fact, high levels of public debt have negative effects on economic systems [53] and can decrease a government's ability to respond to emergencies and social problems [54] , [55] . Studies show that high levels of public debt can reduce government expenditure in the health and education sector [56] , [57] .…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Negative effects of high public debt on health systems facing pandemic crisis: Lessons from COVID-19 in Europe to prepare for future emergencies

Coccia,

Benati

2024

AIMSPH

View full text Add to dashboard Cite

<abstract> <p>The investigation goal here was to analyze how the level of public debt affects preparedness of health systems to face emergencies. In particular, this study examined the negative effects of high public debt on health systems of European countries in the presence of the COVID-19 pandemic crisis. Empirical evidence revealed that European countries with a lower level of government debt as a percentage of GDP both in 2009 and 2019 (the period before the arrival of the pandemic) had lower COVID-19 fatality rates compared to countries with higher levels of public debt. The explanation is that high levels of public debt in countries trigger budget constraints that limit their ability to allocate resources to healthcare systems (e.g., health expenditures and investments), weakening health system performance and causing systemic vulnerability and lower preparedness during emergencies, such as with the COVID-19 pandemic. Implications of health policies are suggested to improve strategies of crisis management.</p> </abstract>

show abstract

Section: Introductionmentioning

confidence: 99%

“…In particular, economic policies of debt reduction often decrease health expenditure, a main item of the public budget, and affect the effectiveness of overall health systems [58] . As a consequence, high-debt economies are more vulnerable to crises [59] because debt servicing costs can lead to slower economic growth [53] .…”

Section: Introductionmentioning

confidence: 99%

Negative effects of high public debt on health systems facing pandemic crisis: Lessons from COVID-19 in Europe to prepare for future emergencies

Coccia,

Benati

2024

AIMSPH

View full text Add to dashboard Cite

show abstract

“…(2021) find that for economies that were more open, the effect of the COVID‐19 pandemic on their financial markets was more severe. In terms of the fiscal response to the pandemic, Aizenman and Ito (2023) note that for advanced countries that are more financially open, an increase in government debt can have a more negative effect on output growth. Instead, for developing countries, greater financial openness would dampen the negative effect of increasing the debt on output growth.…”

Section: Introductionmentioning

confidence: 99%

Banking concentration, financial openness, and financial development

Ghossoub,

Harrison,

Reed

2023

Contemporary Economic Policy

View full text Add to dashboard Cite

We examine how financial development in the banking sector depends on the degree of capital account openness and the degree of bank concentration across countries. Using data on 136 countries, we find that the relationship of openness to credit market activity depends on the level of economic development. In high income countries, openness is only associated with higher credit market activity in concentrated banking systems. However, in developing countries, there is evidence that openness is associated with higher credit market activity regardless of concentration. Moreover, in contrast to previous work we examine how the impact of concentration depends on openness.

show abstract

Organizational dehumanization fuelling opportunistic behaviour: A social exchange perspective

Bibi,

Al Hassan,

Zahur

2024

Asian J of Social Psycho

View full text Add to dashboard Cite

Organizations generally treat their employees as tools for attaining maximum efficiency to achieve their production targets. In this regard, it is important to note that the global post‐pandemic era spiced up with technological advent has further catalysed the existing mechanistic approach towards the workforce. Moreover, the investigation of organizational dehumanization in the Asian region has its unique significance. This pervasive phenomenon needs scholarly attention to realize its deleterious outcomes. Therefore, this study aimed to investigate the relationship between organizational dehumanization and opportunistic behaviour. Moreover, the underlying mechanism of calculative commitment was proposed along with the negative reciprocity norms moderating the indirect effect of organization dehumanization to opportunistic behaviour through calculative commitment. The proposed model was grounded on the assumptions of social exchange theory. The survey method was utilized to collect from the service sector organizations operating in both private and public sector organizations in the twin cities of Rawalpindi and Islamabad, Pakistan. The data were collected in three‐time lags (2 weeks), with peer‐reported opportunistic behaviour. The CFA was done, followed by the utilization of model 4 and model 7 to test hypotheses. The results established a positive relationship between organizational dehumanization and opportunistic behaviour. Moreover, the mediation of calculative commitment was proven empirically with the high levels of negative reciprocity norms strengthening the indirect effect of organizational dehumanization to opportunistic behaviour through calculative commitment.

show abstract

PostCOVID‐19 exit strategies and emerging markets economic challenges

Cited by 7 publications

References 25 publications

Negative effects of high public debt on health systems facing pandemic crisis: Lessons from COVID-19 in Europe to prepare for future emergencies

Negative effects of high public debt on health systems facing pandemic crisis: Lessons from COVID-19 in Europe to prepare for future emergencies

Banking concentration, financial openness, and financial development

Organizational dehumanization fuelling opportunistic behaviour: A social exchange perspective

Contact Info

Product

Resources

About