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The presence and failure of big government in the coronavirus crisis
Get PDFThe COVID-19 pandemic has taken a significant toll on people across the world and leaders have had to tackle unforeseen challenges. From the time the outbreak was first identified in December 2019 to the time of publication, more than 24 million cases of coronavirus had been reported globally, resulting in more than 824,000 deaths. Many countries have taken various measures to combat the virus, but the wildly different responses and response timelines around the world resulted either in failures or successes, leaving people questioning which strategy works best. In this paper, the author examines the accounts of government failure in coronavirus responses in China, the United Kingdom, Italy, and the United States that contributed to the outbreak reaching unprecedented extremes. These government failures are contrasted with Sweden’s successful laissez-faire approach which serves as a crisis response model. In sum, in the attempt to combat the COVID-19 outbreak, governments expanded and squeezed out individual freedoms and liberties which will ultimately have lasting consequences in the post-pandemic world..Keywords. Big government, Government failure, Coronavirus.JEL. F21, F68, O53, K23
Berkeley blues; Ford community corps partnership: Integrating environmental ethic, bioethics and the ethics of emerging technology into a comprehensive leadership philosophy. A regional study, Detroit
Get PDFThe following project was conducted in partnership with University of Detroit Mercy and Ford Community Corps. Multiple no-profit were approached to make this project possible such as; ERACCE, Detroit Audubon, Detroit International Wild-Life Refuge, Belle Isle. The non-profit ERACCE has provided the criteria of analyzing power in the organizations that are at risk of environmental violations or have had environmental violations. Furthermore, the non-profit has asked for a comparison of power between non-profits working within the sector, such as Detroit Audubon, Detroit International Wild Life Refuge and Detroiters Working for Environmental Justice and the business sector. Hence, this is where ERACCE believes the gap in power to be and hence, environmental injustice and satisfying the proposals need to impact the community. To this end they have provided a sampling of questions that the interview/research should answer. The project has also been written to enhance Michigan’s competitive advantage in; conservation, environmental stewardship, civil rights, industrial innovation, and entrepreneurship as put forth by the Environmental Justice Workgroup in 2018. Furthermore, the rationale that has been provided is the increase in both the private sector and public sector awareness towards sustainability and push towards higher levels of sustainability by CEO’s. Two Nobel Laureates have been awarded a joint Nobel Peace Prize in integrating technological and environmental advances into economic theory. His Holiness Pope Francis wrote an encyclical towards integrating environmental ethics into religious faith followed by an effort with Notre Dame and Oxford to establish a center to focus on matters of ecology. UN Sustainable goals have been established and work has been done to map out the frontier of sustainable technologies. Furthermore, during the course of the year long projection March 19th the state of Michigan entered into a lock-down due to the pandemic termed Covid-19 and the project and scope were modified to reflect this change. The research confirms the hypothesis that there is an imbalance of power between the business community and the community involved in the work of environmental injustice issues.Keywords. Environmental ethic, Emerging technology, Leadership philosophy, Regional study, Detroit.JEL. F21, F68, O53, K23
Exchange rate policy and sectoral competitiveness in Morocco: Vector autoregressive model
Get PDFAbstract. The objective of this work is to study the exchange rate policy and its impact on sectoral competitiveness in Morocco. For this issue we used a VAR econometric model with annual data covering a period from 1990 to 2020. As a result of this study, we found that the exchange rate policy adopted and applied by the Moroccan monetary authorities showed that the real effective exchange rate experienced an appreciation that is, a loss of competitiveness. Thus, the monetary authorities have chosen the second course of action which is the gradual flexibility of the exchange rate regime and the improvement of the weak performance of exports. This is done through the diversification of production structures on the one hand and the diversification of exports on the other. Indeed, the overvaluation of the national currency results in a loss of competitiveness towards foreign countries, which means that domestic goods cost more than they should. Conversely, when the domestic currency is undervalued, this allows a gain in competitiveness.Keywords. Competitiveness, Exchange rate policy, VAR, Production structures, Diversification of exports..JEL. C01, C50, E10, E60, F02, F30, F41
Critical decisions for crisis management: An introduction
Get PDFIn the presence of crisis, such as global COVID-19 pandemic crisis, governments have more and more take critical decisions to cope with consequential environmental threats in the presence of highly restricted time. This chapter provides a simple description of techniques of decision making in different environments/conditionsof crisis management and how that process is influenced by manifold social, economic and/or technical factors; ultimately it is presented how the approach of improvisation can support the process of decision-makingto cope with unforeseen and new events, rapid changes, turbulent environment and/or specific situations of emergency.Keywords. Critical decision, Decision making, Decision support, Uncertainty, COVID-19, Crisis management, Problem solving, Bounded rationality, Improvisation.JEL. F21, F68, O53, K23
Digital marketing and brand capital: IX9INE syndrome
Get PDFAbstract. The importance of socialmedia marketing is no longer to b eshown these days, it continues to attract the attention of researchers, specialists, and economic actors from all industries, because of its impactson all the extent of the earth. Social networks are real tools that are helping consumers’ to navigate their market. Thisisone of the reasons why specialists try to understand and to measure their impacts on the company's cosystem. This article is a response to the invitation of my dear colleagueand brother Civol Kane, to return by writing or in a videoon the model of the brand equity model, which I commented on following the publications of the fashion brand 6point9 on its social media Facebook. Thus, in order to alert about the risks that can often constitute messages with more or less sensitive content on socialnetworks, we will share this paper titled:"6POINT9" attention to the syndrome "6ix9ine".Keywords. Digital Marketing; Brand equity; Luxury fashion brand; 6ix9in syndrome.JEL. C51, C68, E02, F31, F41
Nutritional deficiency and infants’ health outcomes
Get PDFAbstract. Previous studies show that prenatal shocks to embryos could have adverse impacts on health endowment at birth. Using the universe of birth data and a difference-in-difference-in-difference strategy, I find that exposure to Ramadan during prenatal development has negative birth outcomes. Exposure to a full month of fasting is associated with 96 grams lower birth-weight. These results are robust across specifications and do not appear to be driven by mothers’ selective fertility.Keywords. Birth weight, Fetal origin hypothesis, Nutrition, Ramadan, Health, Religion.JEL. I12, J13, Z12, D13
Fiscal versus Monetary Policy in the 1960s
No full textAbstract. In this lecture, Milton Friedman reviews the role of fiscal and monetary policies on the course of the U.S. business cycle, during several episodes from 1961 to 1969. He relates these developments to shifts in contemporary popular and scientific opinion about the determinants of the business cycle. In each episode of expansion or contraction, he shows that monetary policy – in the sense of changes in the rate of growth of the quantity of money – was at least as important as fiscal policy in determining the pace of economic activity and the rate of inflation, and always dominated when these policies were moving in opposite directions. During the lecture, Friedman makes several digressions to explain the variability of the lag in effect of monetary policy, the reason why interest rates are a poor guide to the stance of monetary policy, and why the downward-sloping liquidity preference function is a poor model that fails to comport with the real world. He also explains why tax increases are not necessarily contractionary, and why tax decreases are not necessarily expansionary.Keywords. Quantity theory, Monetary policy.JEL. E50, E53, E63
The Covid-19 impact on digital & e-commerce
Get PDFAbstract. We live in a time when technologies are taking more and more place in our daily lives. E-commerce is a perfect illustration of this fact because it allows customers from all countries to buy different types of products and services in a very fast and simple way. Today, with the rapid development of digital; Big data, artificial intelligence, IoT, blockchain... words that still seemed barbaric a few years ago, occupy a prominent place in the digital tools we use every day. That is why at a time when Covid-19 is affecting the whole world, it is interesting to ask what is the place of digital and new technologies in the health crisis? What are they for when all means are good for fighting the virus? Moreover, in addition to the development of the internet and the use of digital tools, the changes noted on consumer behavior attract the attention of specialists who are trying to understand these changes; traditional purchases of customers are becoming increasingly rare, leaving room for web activities or electronic commerce. The only reason behind this fact is that customers can now choose their product with their fingertips across the globe. So due to the covid19 pandemic, e-commerce activities are also facing unexpected challenges. This study will focus on the impact of digital in the fight against covid-19 on the one hand, but also and especially on e-commerce activities and the sudden change in demand on the other.Keywords. Technologies, E-Commerce, Pandemic, Covid19.JEL. F21, F68, O53, K23
The place marketing strategy in Moroccan regions: Conditions of applicability
Get PDFAbstract. Place marketing, a modern place management tool that straddles communication, marketing and territorial strategies, is not only used to promote the territory but also helps territorial governments to manage it better and to think in terms of market. To do this, the environment and the conditions to establish a place marketing strategy must be thought out beforehand. This article aims first of all, to come back to the marketing of territories as, today, an approach before moving on to the conditions and the environment of its implementation in the Moroccan context.Keywords. Place marketing strategy, Territories, Moroccan context.JEL. R12, R13, Q15, Z33