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Journal of Applied Management and Investments



ISSN 2225-3467



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Current Issues & Archive

 Volume 9 Issue 4 2020                                  Abstracts







 The Dangers of Banking Interconnectedness During Times of Crisis: The Nordic-Baltic Case

H. Þ. Hilmarsson       

The Baltic States were hard-hit during the 2008/09 global economic and financial crisis. Cross border banking interlinkages complicated their crisis response. Fixed exchange rate policy became a condition for future euro adoption and also was an important element in rescuing Scandinavian banks from bankruptcy. Government debts rose sharply in the Baltics during the crisis and still remain much higher than they were pre-crisis. This experience shows how dangerous it can be for small states to relay almost solely on foreign banks from richer, more powerful countries. This case also shows how small states can be vulnerable in their dealings with supranational authorities in this case the EU that favours bank interests over those of the general public, including the poorest segments of the population in those countries.

Keywords: financial crisis, fiscal policy, monetary policy, Baltic States

JEL Codes: G01, E5, E62

Citation: Hilmarsson, H. Þ. (2020), “The Dangers of Banking Interconnectedness During Times of Crisis: The Nordic-Baltic Case”, Journal of Applied Management and Investments, Vol. 9 No. 4, pp. 153-161.


    Measuring Performance of the SMEs: A Case of Ukraine       

T. A. Horobets

The study aims to measure performance of the Ukrainian SMEs using value-added and other appropriate indicators. Using the indicators of value-added, labour productivity and profitability, and two-stage model of analysis, the author found out the small business was a locomotive of productivity growth and value-added in the Ukrainian SMEs' sector during 2010-2019. However, the level of profitability was much better at the medium-sized enterprises, which provided a positive financial result of SMEs' sector for except of the most critical years of 2014-2015. It was figured out that SMEs in professional, scientific and technical activities, processing industry, and construction have the highest ability to create value-added. It is in these industries that SMEs in the Odessa region work most efficiently, create jobs and pay decent wages.

Keywords:   SMEs, performance measurement, value-added, Ukraine

JEL Codes:   L25, G32, C14

Citation:  Horobets, T. A. (2020), “Measuring Performance of the SMEs: A Case of Ukraine”, Journal of Applied Management and Investments, Vol. 9 No. 4, pp. 162-168.


  Fruit Wines of Meghalaya: A Sustainable Approach for Rural Livelihoods

A. Kumar, S. K. Kulshreshtha

Sustainability signifies a condition based on the principles of sustainable development, taking full account of its current and future economic, social and environmental impacts taking the stakeholders’ needs, benefits, and interests into consideration. The Government of India, of late, has realized what rural India can offer to the world. The Tenth Five Year Plan has identified tourism as one of the major sources for generating employment and promoting sustainable livelihoods. The concept of sustainable rural livelihood is the enhancement of multiple opportunities so that the local community can avail of the scope for income and employment generation through sustainable tourism practices. Meghalaya is a state blessed with a variety of agrobiodiversity and vivid climatic conditions which favours the cultivation of different types of horticultural products like fruits, vegetables, flowers, etc. Meghalaya also has so many indigenous species of fruit plants that may not be found anywhere else in the country. The horticultural wealth of the state in terms of fruits includes peach, plum, pear, pineapple, banana, jackfruit, sohpieh, sohiong (black cherry), sohsang, sohphoh, sohlang, sohbrap (pasion fruit), sohmon, etc. Fruit wines in Meghalaya will have a niche market at its best, where the excess quantity of fruit abundant in the areas can be processed. This study aims to highlight the relationship between local fruit wine and sustainable rural livelihood in Meghalaya. The paper is based on qualitative research techniques where an exploratory research approach has been applied.

Keywords:  fruits wine, sustainability, rural livelihood, wine tourism, Meghalaya

JEL Codes:   L66, O18, Q56, L83

Citation:  Kumar, A. and Kulshreshtha, S. K. (2020), “Fruit Wines of Meghalaya: A Sustainable Approach for Rural Livelihoods”, Journal of Applied Management and Investments, Vol. 9 No. 4, pp. 169-182.


  Insurance Role for Handling the COVID-19 impact on Business and Society      

S. Levantesi, G. Piscopo

The insurance industry plays a key role in the exceptional circumstances characterized by losses unexpected, including catastrophic events and pandemics. In the last months, the COVID-19 has caused significant transformations to business activities and societal changes following the lock down and the other restrictive political measures to contrast the diffusion of the virus. In this work we discuss the capacity of the insurance industry to handle the economic consequences of the COVID-19 on business and society and the limits resulting from the impact of the pandemic on the sector itself. We outline the insurance coverage opportunities for society, in term of life and health insurance, and for business, focusing on business interruption and cyber risk protection.

Keywords:  COVID-19, catastrophic risk, insurance business, societal changes

JEL Codes:   G22, G18, I13

Citation:  Levantesi, S. and Piscopo, G. (2020), “Insurance Role for Handling the COVID-19 impact on Business and Society”, Journal of Applied Management and Investments, Vol. 9 No. 4, pp. 183-191.







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