Digitalization And Resilience Firm Level Evidence During The Covid 19 Pandemic

Author : Nordine Abidi,Mehdi El Herradi,Sahra Sakha
Publisher : International Monetary Fund
Page : 42 pages
File Size : 54,7 Mb
Release : 2022-02-18
Category : Business & Economics
ISBN : 9798400201073

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Digitalization and Resilience: Firm-level Evidence During the COVID-19 Pandemic by Nordine Abidi,Mehdi El Herradi,Sahra Sakha Pdf

The COVID-19 pandemic has resulted in an unprecedented shock to firms with adverse consequences for existing productive capacities. At the same time, digitalization has increasingly been touted as a key pathway for mitigating economic losses from the pandemic, and we expect firms facing digital constraints to be less resilient to supply shocks. This paper uses firm-level data to investigate whether digitally-enabled firms have been able to mitigate economic losses arising from the pandemic better than digitally-constrained firms in the Middle East and Central Asia region using a difference-in-differences approach. Controlling for demand conditions, we find that digitally-enabled firms faced a lower decline in sales by about 4 percentage points during the pandemic compared to digitally-constrained firms, suggesting that digitalization acted as a hedge during the pandemic. Against this backdrop, our results suggest that policymakers need to close the digital gap and accelerate firms’ digital transformation. This will be essential for economies to bounce back from the pandemic, and build the foundations for future resilience.

Author : Florence Jaumotte,Longji Li,Andrea Medici,Myrto Oikonomou,Carlo Pizzinelli,Ippei Shibata,Jiaming Soh,Marina Tavares
Publisher : International Monetary Fund
Page : 56 pages
File Size : 51,8 Mb
Release : 2023-03-13
Category : Electronic
ISBN : 9798400232596

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Digitalization During the COVID-19 Crisis by Florence Jaumotte,Longji Li,Andrea Medici,Myrto Oikonomou,Carlo Pizzinelli,Ippei Shibata,Jiaming Soh,Marina Tavares Pdf

Digitalization induced by the pandemic was seen both as a possible silver-lining from the crisis that could increase longer-term productivity and a risk for further labor market inequality between digital and non-digital workers. The note shows that the pandemic accelerated digitalization and triggered a partial catch-up by less digitalized entities in advanced economies. Higher digitalization levels shielded substantially productivity and hours worked during the crisis. However, the extent to which the pandemic-induced digitalization led to structural change in the economy is less clear. Less digitalized sectors have rebounded more strongly, albeit after stronger declines, and while workers in digital occupations were more shielded from the crisis, there does not appear to be a structural change in the composition of labor demand. Meanwhile, shifts in labor supply are more likely to be permanent, driven by the increase in working from home.

Author : World Intellectual Property Organization
Publisher : WIPO
Page : 57 pages
File Size : 50,7 Mb
Release : 2023-02-07
Category : Law
ISBN : 8210379456XXX

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Covid-19, Innovative Firms and Resilience by World Intellectual Property Organization Pdf

ummary This paper explores the empirical association between patents and various indicators of firm resilience during the COVID-19 pandemic with worldwide firm-level data from manufacturing industries. The study shows that patent-intensive firms have a reduced probability of exit, in particular if they are larger and if engaging with complementary investments in R&D; and other intangibles. Additional estimates show that firm productivity has been an important transmission channel. Taken together, the results presented in the paper offer evidence-based findings pointing to patents as an important potential factor contributing to firm resilience during the COVID-19 pandemic. Policy insights are discussed.

Author : Manabu Nose,Jiro Honda
Publisher : International Monetary Fund
Page : 35 pages
File Size : 43,5 Mb
Release : 2023-05-05
Category : Electronic
ISBN : 9798400241741

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Firm-Level Digitalization and Resilience to Shocks: Role of Fiscal Policy by Manabu Nose,Jiro Honda Pdf

Firm-level Digitalization and Resilience to Shocks: Role of Fiscal Policy

Author : Yuanchen Yang,Mr. Manuk Ghazanchyan,Silvia Granados-Ibarra,Gustavo Canavire-Bacarreza
Publisher : International Monetary Fund
Page : 46 pages
File Size : 52,7 Mb
Release : 2024-01-12
Category : Business & Economics
ISBN : 9798400263248

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Digitalization and Employment Gender Gaps During the COVID-19 Pandemic: Evidence from Latin America and the Caribbean by Yuanchen Yang,Mr. Manuk Ghazanchyan,Silvia Granados-Ibarra,Gustavo Canavire-Bacarreza Pdf

Despite its negative effects, the COVID-19 pandemic has also accelerated Latin America's digitalization. The rapid increase in connectivity and digital services was helpful in mitigating the pandemic's negative impact on the labor markets, especially for those with enough flexibility to continue working from home. The shock has particularly affected women due to their household responsibilities and labor market characteristics. This paper examines how digitalization may have affected gender gaps in employment and job loss related to the COVID-19 crisis. Using a sample of Latin American countries, our findings suggest that higher levels of digitalization are associated with increased female employment and reduced job loss for both men and women. These findings hold even after controlling for factors such as child care, household chores, and the COVID-19 shock. Our results are also robust to various econometric techniques.

Author : OECD
Publisher : OECD Publishing
Page : 175 pages
File Size : 50,5 Mb
Release : 2021-07-13
Category : Electronic
ISBN : 9789264362857

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Strengthening Economic Resilience Following the COVID-19 Crisis A Firm and Industry Perspective by OECD Pdf

The crisis triggered by the COVID-19 pandemic has been unlike any other the world has experienced, requiring social distancing and restrictions on mobility, and rendering some economic activity impossible. This publication explores and compares the characteristics that have affected the ability of firms, workers and consumers to maintain production, employment and consumption during the COVID-19 crisis, across industries and countries.

Author : Ana Paula Cusolito,Daniel Lederman,Jorge Pena
Publisher : Unknown
Page : 0 pages
File Size : 48,7 Mb
Release : 2022
Category : Electronic
ISBN : 9286153244

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The Upside of Digitalisation After COVID-19 by Ana Paula Cusolito,Daniel Lederman,Jorge Pena Pdf

The COVID-19 crisis has sparked profound concerns about the economic effects of the pandemic in developing countries. These concerns are associated primarily with the impact of COVID-19 on sales, productivity and employment. But the medium- and long-term impact will depend mainly on the speed of digitalisation and the economic gains developing countries can obtain from it. Digitalisation helps economic activity, as the COVID-19 crisis has made amply clear, but not everyone has benefitted equally from the arrival of digital technologies. Huge disparities still exist across and within countries. While more than half of the world's population now has access to the internet, the penetration rate in the least developed countries is only 15%. The benefits of adopting digital business solutions can be substantial for companies. The transfer of information and data over the internet helps reduce production costs and therefore expands the demand for a firm's goods and services. This, in turn, increases factor demand as well. Reductions in search costs enable buyers and sellers of products or services to get better access to the other side of the market by increasing the speed or efficacy with which firms find workers or input suppliers. The analysis in this working paper relies on the Enterprise Surveys, conducted by the EIB, EBRD and the World Bank. This is the third of nine working papers supporting the full report: Unlocking sustainable growth in the Middle East and North Africa private sector.

Author : Azzam Hannoon,Abdullah Mahmood
Publisher : Springer Nature
Page : 590 pages
File Size : 46,9 Mb
Release : 2023-11-08
Category : Technology & Engineering
ISBN : 9783031433009

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Artificial Intelligence, Internet of Things, and Society 5.0 by Azzam Hannoon,Abdullah Mahmood Pdf

This book unlike any other previous book provides a platform for scholars and researchers to present the latest insights and findings on the application of artificial intelligence and other sustainable technologies for a human-centric society. It brings together technology with society with special attention given to AI and IoT-related intricacies for a digital economy. It covers a variety of research topics including block ciphers, network marketing for sustainability entrepreneurship and AI, AI and stock trading decisions, digital transformation, knowledge management, chatbot engineering, cybersecurity, and smart metering system. The book is a comprehensive reference work for scholars, academics, policymakers, students, and professionals presenting an overall understanding of AI, its present and future trends, and presents a discourse on important policies and strategies on inclusivity, diversity, bias, accountability, security, metaverse applications of AI, and other technologies such as IoT.

Author : Nordine Abidi,Mehdi Akhbari,Bashar Hlayhel,Sahra Sakha
Publisher : International Monetary Fund
Page : 27 pages
File Size : 50,6 Mb
Release : 2023-05-05
Category : Electronic
ISBN : 9798400240966

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Remittances and Social Safety Nets During COVID-19: Evidence from Georgia and the Kyrgyz Republic by Nordine Abidi,Mehdi Akhbari,Bashar Hlayhel,Sahra Sakha Pdf

Remittances and Social Safety Nets During COVID-19: Evidence From Georgia and the Kyrgyz Republic

Author : Saqib Saeed,Manuel Pedro Rodríguez Bolívar,Ramayah Thurasamy
Publisher : Springer Nature
Page : 207 pages
File Size : 53,9 Mb
Release : 2022-01-01
Category : Law
ISBN : 9783030862749

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Pandemic, Lockdown, and Digital Transformation by Saqib Saeed,Manuel Pedro Rodríguez Bolívar,Ramayah Thurasamy Pdf

This edited volume discusses digital transformation in the context of the COVID-19 pandemic. In the wake of the COVID-19 pandemic and the widespread lockdown policies that followed, digital technologies were touted as an effective means towards ensuring continuity and minimal interruption of day-to-day operations for businesses and other institutions. Digital transformation, however, is an inherently complex process and the pressure of short adoption times may further increase complexities for organizations looking to foster digital technologies. This volume comprises original research contributions on theoretical foundations and empirical studies of digital transformations in the pandemic era. Written by academics and practitioners from diverse disciplines and industries, the chapters cover topics such as psychological and technical implications of pandemic situations, the economic, organizational, social, and legal implications of digital adoption, and case studies for digital transformation in different industries. This book will be useful for academics, technology professionals, business policy makers, NGO managers, and governments looking to optimize their digital transformation processes to better prepare their organizations in the presence of pandemic situations.

Author : Jorge Sainz,Ismael Sanz
Publisher : Springer Nature
Page : 214 pages
File Size : 53,7 Mb
Release : 2023-11-14
Category : Study Aids
ISBN : 9783031458026

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Addressing Inequities in Modern Educational Assessment by Jorge Sainz,Ismael Sanz Pdf

This edited book focuses on the central and up-to-date issues that represent some of the most relevant challenges and limitations of International Learning Assessments (ILSAs). It specifically sheds light on the general effects of the discontinuation of face-to-face education on students at diverse academic levels during the COVID-19 pandemic. Through the lens of the most relevant experts of the field, it highlights the asymmetric effects on students based on family income, education level, or employment, imposing a heavy toll on those with less resources. It raises issues regarding the impact on the mental health of students and education professionals due to school closures. Modern education is shifting its focus from just scores to detailed, qualitative feedback. Such comprehensive insights help students identify both strengths and growth areas, making assessments more constructive. This book is aimed for researchers in the field of educational assessments, graduate and postgraduate students, policy makers, and anyone interested in making informed decisions regarding ILSAs. COVID-19 brought immense educational challenges, it also presented an unprecedented opportunity: to reassess and reform existing systems, steering towards assessments that are both fair and empowering.

Author : Oecd
Publisher : Unknown
Page : 176 pages
File Size : 53,8 Mb
Release : 2021-07-06
Category : Business & Economics
ISBN : 9264705953

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Strengthening Economic Resilience Following the COVID-19 Crisis by Oecd Pdf

Author : INTERNATIONAL MONETARY FUND.
Publisher : International Monetary Fund
Page : 61 pages
File Size : 40,5 Mb
Release : 2021-10-19
Category : Business & Economics
ISBN : 9781513592770

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Regional Economic Outlook, October 2021, Middle East and Central Asia: Trade-Offs Today for Transformation Tomorrow by INTERNATIONAL MONETARY FUND. Pdf

A fragile recovery continues in the Middle East and Central Asia region. The region has made good progress since the beginning of the year, but new challenges have emerged. They include a pandemic wave in countries with weak vaccination progress and rising inflation, which has contributed to declining monetary policy space, adding to the difficulties posed by limited fiscal policy space. Additionally, divergent recoveries and concerns about economic scarring persist. Inequities are also on the rise, and countries will need to tackle the pandemic’s impact on debt, labor markets, and the corporate sector. Countries will face difficult tradeoffs amid this challenging environment as they continue to manage the current crisis. Ramping up vaccine acquisition and distribution remains the most urgent short-term priority. Additional support should be well targeted, and central banks may need to raise interest rates if inflation expectations start to increase. Improving policy frameworks will be important to reduce policy tradeoffs. Preparing for a new chapter by investing in a transformational recovery will be vital to the region’s future. Important priorities include reorienting the role of the state toward health, education, and social safety nets; leveraging global trends like digitalization; and investing in climate-resilient technology.

Author : Adrian T. H. Kuah,Roberto Dillon
Publisher : CRC Press
Page : 300 pages
File Size : 40,9 Mb
Release : 2021-10-04
Category : Computers
ISBN : 9781000454505

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Digital Transformation in a Post-Covid World by Adrian T. H. Kuah,Roberto Dillon Pdf

This book explores the innovations, disruptions and changes that are required to adapt in a fast-evolving landscape due to the extraordinary circumstances triggered by the COVID-19 pandemic. Recognized experts from around the world share their research and professional experience on how the working environment, as well as the world around them, have changed due to the pandemic. Chapters consider how different fields across technology and business have been affected by this new, dramatic scenario and the drastic consequences that the pandemic had on them. With diverse contributions stemming from public health, technology strategies, urban planning and sociology to sustainable management, this volume is articulated into four distinct but complementary sections of People, Process, Planet, and Prosperity influencing the post-COVID world. This book will be of great interest to those in the fields of computer science and information technology, as well as those studying the impact and effects that COVID-19 is having on society.

Author : Alina Mihaela Dima,Mihaela Kelemen
Publisher : Springer Nature
Page : 242 pages
File Size : 47,6 Mb
Release : 2022-03-05
Category : Business & Economics
ISBN : 9783030932862

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Digitalization and Big Data for Resilience and Economic Intelligence by Alina Mihaela Dima,Mihaela Kelemen Pdf

This book highlights the economic and social science perspectives in light of COVID-19. During 2020, leaders found themselves at historic crossroads, taking decisions under remarkable pressures and uncertainties. However, windows of opportunity are being created to shape the economic recovery, restore the health of the environment, develop sustainable business models, strengthen regional development, revitalize global cooperation, harness Industry 4.0, and redesign the social contracts, skills, and jobs. This book is an excellent resource for all those interested in economics and social sciences perspectives on digitalization and big data, especially in the light of the recent crisis determined by COVID-19. The chapters cover topics related to new models in entrepreneurship and innovation, sustainability and education, data science and digitalization, marketing and finance, etc., that will develop innovative instruments for countries, businesses, and education to revive after the crisis.