Public Finance Responses to Covid-19 in Korea

Jung, JaeHyun; Lee, Hwanoong; Song, Kyungho

doi:10.17310/ntj.2020.3.11

Cited by 6 publications

(4 citation statements)

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“…The values of the level of life satisfaction of rural and urban residents of the region, taking into account the consumed agricultural products, occupy a leading role in any country. They are the basis for conducting national, international and regional research, and also contribute to the study of the dynamics of development of socio-economic spheres [13][14][15][16][17][18].…”

Section: Methodsmentioning

confidence: 99%

Regional development of the agricultural industry, taken into indicators and their targets of the level and quality of life of the rural and urban population

Lysenko,

Filipsonova

2024

BIO Web Conf.

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The relevance is due not only to a broad discussion of the problem of quality and standard of living, taking into account the consumption of agricultural products. In the context of a post-pandemic reality and a special military operation, economic stability and social well-being of rural and urban populations become priority issues. In addition, in the context of rapid technological and social development, it is important to constantly update data and analyze the current state of the situation in order to competently adapt policies and programs for social support of rural and urban populations to changing conditions. Goal: to explore the concept of quality and standard of living of the rural and urban population of the region, taking into account the consumption of agricultural products. Methods. Indicators and targets for the level and quality of life, taking into account the consumption of agricultural products, including the decile coefficient of income differentiation, the Gini coefficient, the Lorenz coefficient, life expectancy and GRP per capita. Scientific novelty. The level and quality of life of the rural and urban population, taking into account the consumption of agricultural products in conditions of economic crises. Results. The analysis allows us to identify the main problems facing the rural and urban population of the Chelyabinsk region, including insufficient income, instability of the economic situation and threats to maintaining the existing standard of living. The need for increased attention to maintaining the well-being of rural and urban populations and reducing the number of people with incomes below the subsistence level in the region is emphasized.

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Section: Methodsmentioning

confidence: 99%

Regional development of the agricultural industry, taken into indicators and their targets of the level and quality of life of the rural and urban population

Lysenko,

Filipsonova

2024

BIO Web Conf.

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“…Fund shortages were managed by disbursing reserve funds and securing a supplementary budget. To secure supplementary budgets, national bonds and loans were issued for restructuring funds for small-and-medium-sized enterprises (SME) [28]. In 2020, supplementary budgeting was done four times in a single year.…”

Section: Overall Government Budgeting During the Covid-19 Pandemicmentioning

confidence: 99%

Public Health Financing and Responses to COVID-19: Lessons from South Korea

et al. 2022

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Health financing strategies contribute significantly to containing the outbreak of the Coronavirus disease 2019 (COVID-19). This study aims to reassess Korea’s financing strategies in response to COVID-19 in 2020, to ascertain its effects and sustainability. The Joint External Evaluation tool was adopted to analyze the data collected from government reports, official statistics, and other sources. Findings show that Korea could maintain a low incidence and fatality rate compared with other countries, at low costs. It was a result of rapidly procured healthcare resources based on laws and policies established after the 2015 epidemic, and the National Health Insurance. However, to achieve long-term sustainability, it is important to enhance the financial stability of the national health insurance and increase the proportion of the public sector in healthcare resources.

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“…However, even this did not go without a fiscal impulse. [13] Sweden has taken a completely different approach to economic restrictions. [14] But even there, the help of economic policy came in.…”

Section: Covid Crisismentioning

confidence: 99%

Economic policy as a tool to eliminate the effects of the global economic crisis

Tesařová

2021

SHS Web of Conf.

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Research background: The global economy has gone through two major crises since the beginning of the millennium. The first broke out in 2008. The cause was the crisis in the financial markets in the United States. This crisis eventually spread around the world, causing many economies to decline. It remained not only in the financial markets, but also spilled over into other sectors of the affected economies. We are experiencing the second major crisis these days (2020). However, this crisis has a completely different origin. It is a crisis caused by a new type of viral disease. The purpose of the article: Purpose is to compare the measures taken to mitigate the effects of the 2008 crisis with those used in 2020. The article is not just a simple list of individual measures, but a comparison of the time horizon in which it came and to whom it was targeted. The analyzed economy is the Czech Republic and its economic policy. Methods: The article uses the method of analysis and statistical analysis, which is based on data from the CNB, the Ministry of Finance of the CR and the Czech Statistical Office. Data from the CVVM Public Opinion Research Center were used to illustrate the situation. Findings & Value added: Monetary and fiscal policy have relatively limited options in terms of the number of instruments they can use to combat the crisis. However, a difference can be observed in the response of economic policy makers to the 2008 and 2020 crises.

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Public Finance Responses to Covid-19 in Korea

Cited by 6 publications

References 0 publications

Regional development of the agricultural industry, taken into indicators and their targets of the level and quality of life of the rural and urban population

Regional development of the agricultural industry, taken into indicators and their targets of the level and quality of life of the rural and urban population

Public Health Financing and Responses to COVID-19: Lessons from South Korea

Economic policy as a tool to eliminate the effects of the global economic crisis

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