Economic Landscape Research Articles

Research on Enterprise Financial Information Risk Identification and Dynamic Control Management Model Based on Genetic Algorithm

In the contemporary global economic landscape, the imperative for enterprise financial informatization as a catalyst for efficiency, cost reduction, and innovation is evident. However, the deepening integration of informatization introduces corresponding risks, necessitating the establishment of effective risk management systems. This paper proposes a genetic algorithm-based model for enterprise financial informatization risk management, aiming to offer precise and actionable solutions. The study integrates genetic algorithms to enhance the adaptability and flexibility of the risk management model in the dynamic information environment. Through in-depth research on corporate financial informatization risks, a multi-dimensional risk management control model is constructed, considering technical, organizational, and environmental factors. The genetic algorithm introduces a new perspective for model optimization, enabling efficient search and optimization capabilities. The model not only identifies but also controls and governs risks, providing timely intervention and effective risk management. Moreover, the genetic algorithm facilitates intelligent decision support for risk management by adapting to changing environments. Empirical analysis validates the model’s feasibility and effectiveness in real enterprise cases, emphasizing its practicality.

Recent Development of Arbitration Law in Brazil

Arbitration in Brazil has undergone a remarkable transformation, graduating from a tentative start to a robust and thriving practice. Like many jurisdictions with complex judicial systems, Brazil has found in commercial arbitration a valuable tool to foster economic growth and provide efficient dispute resolution for both domestic and international parties. Initially, when the Arbitration Act was enacted in 1996, it was met with skepticism. Many Brazilian scholars and legal practitioners questioned its constitutionality, as the concept of removing cases from the traditional judiciary's purview seemed far-fetched. The turning point came when Brazil's Supreme Court upheld the constitutionality of the Arbitration Act, providing a significant boost to its adoption and legitimacy. Since then, the country has witnessed rapid advancements in arbitration practices, making it an increasingly attractive venue for resolving commercial disputes. This development reflects a growing confidence among businesses and legal experts in the efficiency and effectiveness of arbitration as a complementary mechanism to the traditional court system. This article aims to delve into the evolving legal environment surrounding arbitration in Brazil. It will explore the dynamic trends that have emerged, such as the increasing sophistication of arbitration procedures, the establishment of dedicated arbitration centers, and the rising number of professionals specializing in this field. Additionally, the article will analyze how these developments have influenced Brazil's attractiveness as a hub for international arbitration, and the impact this has on the nation's legal and economic landscape. By examining these aspects, the article will provide a comprehensive overview of the current state and future potential of arbitration in Brazil.

Tomato dry farming as an agroecological model for California’s drought resilient future: Farmers’ perspectives and experiences

Small, diversified farms on California’s Central Coast have been dry farming for decades, allowing farmers to use water stored in soils from winter rains to grow tomatoes and other vegetables with little-to-no irrigation in summers without rainfall. As recent water shortages in California have forced a reckoning with the precariousness of the state’s water supply, policy groups and the general public have become increasingly interested in dry farming as a promising means of achieving water conservation goals. Academic research on this practice, however, has been scarce. Amid growing urgency to develop low-water agricultural systems in the state, we interviewed 10 Central Coast dry farmers, representing over half of the commercial dry farm operations in the region where this practice was developed, to collaboratively answer 2 central research questions: (1) What business and land stewardship practices characterize successful tomato dry farming on California’s Central Coast? (2) What is the potential for dry farming to expand beyond its current adoption while maintaining its identity as a diversified practice that benefits small-scale operations? We summarize farmers’ wisdom into 9 themes about current dry farm practice, its potential for expansion and future opportunities. We also synthesize farmer-stated environmental constraints on dry farm feasibility into a map of suitable areas in California. As we consider how dry farming might expand to new areas and operations, we highlight dry farming’s history as an agroecological alternative to industrial farming in the region and the need for careful policy planning to maintain that identity. In examining this California Central Coast dry farming system, we ask if and how it can enhance the viability of nonindustrial farming operations as the food system adapts to less water availability. Because policies that encourage dry farm expansion could change economic landscapes in which dry farming operates, we caution that well-intentioned policies could edge small growers out of dry farm markets if not carefully designed. At the same time, we emphasize the opportunity for dry farm tomato systems to model an agroecological transition toward water savings in California.

Strategic Market Assessment for International Market Entry: A Comparative Analysis of Market Selection Criteria and Entry

This paper explores the strategic market assessment for international market entry, focusing on market selection criteria and entry strategies. It examines the factors influencing market selection, including economic stability, market size, competitive landscape, cultural compatibility, and regulatory environments. The study compares two primary international market entry strategies: alliances and acquisitions. It analyzes the benefits and challenges of each approach, particularly in managing risks and leveraging local market knowledge. The research also highlights the role of partnerships in emerging markets, where local expertise can be vital for successful market entry. Through case studies of companies such as Starbucks in China and Tata Motors' acquisition of Jaguar Land Rover, the paper illustrates how strategic market entry decisions can lead to sustainable competitive advantages. This comparative analysis offers insights for business leaders and policymakers aiming to expand into global markets.

ANALISIS DAMPAK COVID-19 PADA LAPORAN LABA RUGI

The Covid-19 pandemic has had a significant impact on various aspects of life, including the economy and industries in Indonesia. This impact is reflected in the profit and loss statements, which are important indicators in understanding a company's financial performance. This research aims to analyze the profit and loss statements of PT. Mayora Indah Tbk. from 2018 to 2022, with a focus on how the Covid-19 pandemic has affected the company's financial performance. The research method used in this study is descriptive analysis, using secondary data from the company's profit and loss statements during the period. The results of the analysis show that the company experienced various changes in financial performance during the 2018-2022 period, as a response to the challenging economic conditions caused by the pandemic. Although there was a decline in performance in 2021, the company was able to overcome the negative impact and achieve positive growth in 2022. This analysis provides a comprehensive understanding of PT. Mayora Indah Tbk.'s adaptability and success in facing economic and market challenges during the Covid-19 pandemic. This research provides important insights into how leading manufacturing companies like PT. Mayora Indah Tbk. can survive and grow amidst the uncertain business and economic landscape caused by the global pandemic.

The integration and challenges of digital economy with the tourism industry: Evidence from the Yellow River Basin in China

As the global economic landscape evolves, the digital economy becomes a central domain, gradually deepening and widening its confluence with diverse fields. This study aims to systematically explain the intricacies and dynamics of the amalgamation of the digital economy with tourism within the Yellow River Basin. The study builds an evaluative framework based on integrative development mechanisms; this study measures the combined development between the tourism industry and the digital economy between 2011 and 2021. After this quantification, it delves into their unified growth spatiotemporal nuances and discerns impediments based on an obstacle degree analysis. As far as development is concerned, a paradigm of “dual-track convergence” is observed in the Basin, showcasing the gradual ascension of digitalization and diversification of tourism. Regarding the coupling coordination degree (CCD), the nexus between the two exhibits temporal dynamics of a “spiral ascent followed by a transient descent” and a spatial “U-shaped differentiation,” undoubtedly reflecting the vivacity and heterogeneity inherent in their integration.Regarding impediments, the analysis reveals a multifaceted dynamism of barriers across various strata. Systemically, the tourism sector encounters escalating hindrances, with digital infrastructure and market breadth constituting predominant sectoral bottlenecks. On the indicator plane, critical limiting factors include tourism's foreign exchange earnings, the influx of inbound tourists, the proliferation of web pages, e-commerce turnover, and the count of corporate entities within the software and information technology services domain. This study is based on the theory of collaborative development and offers nuanced recommendations by dissecting the co-progress of tourism and the digital economy. The insights tendered herein profoundly impact China and the global community in fostering the common proliferation in both fields.

Limitation of Human Rights and Freedoms amid New Global Challenges (Lessons from the Pandemic)

Globalization has had far-reaching effects on all key spheres of public life, leading to mixed outcomes, both positive and negative. One of the recent global trends is the fast and large-scale spread of viral infections, which has profoundly reshaped the economic landscapes, political environments, and government systems of most states. As the COVID-19 pandemic progressed, governments worldwide were forced to impose unprecedented restrictions that interfered with fundamental human rights, such as the freedom of movement and speech, to curb the virus spread. It sparked rigorous debate among the academic community and practicing lawyers. This article overviews the measures taken by Russia and other states in response to the COVID-19 pandemic. The obtained results highlight the need to legally establish new conceptual frameworks related to disease control, as well as to develop clear legal guidelines on optional and mandatory steps that public authorities should take in order to ensure the sanitary and epidemiological well-being of the population. Therefore, it was concluded that certain legal provisions must be specified to define the grounds and extent to which the rights and freedoms of citizens can be limited in case of viral epidemics.

Comparative Analysis of FDI Inflow in Emerging Economies

This comprehensive document offers an extensive comparative analysis of Foreign Direct Investment (FDI) inflows in emerging economics, with a primary focus on key emerging countries. These nations have increasing attracted foreign investor seeking new growth opportunities. The BRICS group which includes Brazil, Russia, India, China, and South Africa, stands out as an important subject for this comparative study. The main objective is to gain comprehensive understanding of the foreign direct investment (FDI) inflow patterns is developing countries over the previous decade, emphasizing temporal trends and assessing the profound impact of FDI on their economic growth. The methodology employed in this research involves secondary data analysis utilizing information from reports by institution like the Reserve Bank of India (RBI), Macro Trends and the Ministry of Commerce. The study also includes an in-depth review of research papers, thorough and a meticulous analysis of FDI inflow data spanning the last 10 years. To gauge the influence of FDI on economic growth, a rigorous regression analysis is conducted. Emerging economies have increasingly become hotbeds for foreign investment, attracting capital from across the globe. Investors seeking to diversify their portfolios have taken notice of these countries because they present a multitude of growth potential. The BRICS group is unique among these rising economies because of its size, diversity, and potential for economic growth. Over the past decade, the BRICS nations have experienced significant shifts in FDI inflows, reflecting the evolving global economic landscape. This analysis clarifies the factors driving these investments and their effects on economic growth, with a focus on comprehending the long-term trends in FDI inflows to these nations. It is imperative that investors and regulators alike comprehend these trends. In addition to providing overall FDI inflow statistics, the analysis looks at the industries and geographical areas that have drawn in a lot of foreign capital. Moreover, it examines the evolution of policies and regulations in these countries that have played a pivotal role in shaping FDI trends. The central theme of this research revolves around assessing the impact of FDI on the economic growth of the BRICS nations. In order to do this, we measure the impact of FDI on these nations' economic performance using rigorous regression analysis. This empirical analysis helps us understand how much foreign direct investment (FDI) has contributed to economic growth and whether this contribution differs across the BRICS nations. Key words – FDI, BRICS, Inflow, economic growth.

2D heterostructures in photocatalysis for emerging applications: Current Status, challenges, and Prospectives

Photocatalysts for energy conversion and production, pollutants degradation, CO2 reduction, organic synthesis, biomedical, are especially important in a renewable energy-based energy and economic landscape. Due to their larger surface area and efficient capacity to segregate photogenerated electrons and holes, 2D van der Waals (vdW) heterostructures are being investigated to overcome the critical challenge of the short lifespan of photogenerated charges. This study presents the most recent research on 2D photocatalysts, specifically vdW heterostructures, for energy conversion and production, pollutants degradation, CO2 reduction, organic synthesis, biomedical. After presenting the core concepts of the light-driven redox reaction for aforementioned applications, we address a number of interesting 2D vdW heterostructures, highlighting transition metal dichalcogenides and graphene oxide heterostructures from both theoretical and experimental perspectives. In this review, we address the prospects and difficulties within this field of study. The enhanced understanding of 2D vdW heterostructures in photocatalysis presented in this research opens up new possibilities for increasing the efficiency of hydrogen generation. The key issues and future developments in the applications of 2D/2D layered heterojunctions and heterostructures in photocatalysis are explored.

Drivers and obstacles on refugee entrepreneurship. The host country perspective

Refugee entrepreneurship encompasses the enterprising endeavors undertaken by individuals forced to flee their home countries. This research area has gained scholarly traction due to its profound relevance in the socio-economic perspective. To provide a comprehensive understanding of this phenomenon, a thorough systematic literature review was conducted, drawing upon the Scopus and Web of Science databases. The review scrutinized a corpus of 57 scholarly articles, which were analyzed and categorized into two main themes: the profile of refugees regarding their entrepreneurial intentions, and the contextual factors within the host countries that either facilitate or impede their entrepreneurial pursuits. Refugee entrepreneurship is associated with the necessity-driven perspective, as individuals often embark on entrepreneurial ventures due to the shortage of viable employment opportunities in their host countries. However, there exists a nuanced perspective wherein some refugees leverage their innate entrepreneurial traits, finding resonance between the economic landscapes of their home and host countries. Nevertheless, the inception of entrepreneurial endeavors is invariably accompanied by some obstacles, spanning legal, financial, and socio-economic domains. These obstacles do not deter the entrepreneurial spirit ingrained within many refugees. Instead, they serve as catalysts for resilience and innovation, prompting the formulation of adaptive strategies to surmount barriers and carve out pathways to success, underscoring the economic activity of displaced individuals and exemplifying their capacity to effectuate positive change amidst adversity.

Psychoanalytic Criticism of Ifesinachi Nwadike’s How Morning Remembers The Night

In recent times, it appears Nigerian poets are influenced by changes in the country's social-political and economic landscape to such an extent that their artistic expressions are thought to have tilted towards psychological dimension. This observation transcends the social commitment and ideological inclinations often identified with the poets in the past. Therefore, this paper attempts a psychoanalytic criticism of Ifesinachi Nwadike’s poetry, How Morning Remembers the Night, focusing on the instances of psychosocial disorder as an association of socio-economically induced psychological conditions that find expression in the collection. Conceptualising this condition, the study adopts a descriptive research method premised on critical analysis in which attention is given to symptomatic elements like the persona’s recollected experiences, tone and cathartic disposition. Here, a synthesis of the theoretical paradigms of psychoanalysis proposed by Sigmund Freud and Erich Fromm is found rewarding in providing a framework for the conception of the poetry as the persona’s dream text. The study discovers that the psychosocial disorders identified in the collection symptomatically find expression in the poetic persona’s tone in form of emotional disturbances and that they are triggered by memories of societal failings. Consequently, the persona displays the identities of an aggrieved songbird and a griot whose memory is clouded by grief and anguish in reaction to societal foibles. The paper concludes that certain psychosocial disturbances that are noticeable among Nigerian citizens under the same unfavorable societal conditions have permeated Nwadike’s poetry.

The Resource Curse in the Gulf Region: Charting a Path for Long-term Economic Sustainability

The economies of the Gulf States have been reliant on abundant petroleum resources for over a century. The region has experienced substantial economic success in recent decades, attributed to its competitive advantage as the world's oil empire. This success is especially noteworthy given that oil is a major economic resource in the area. However, a new debate has emerged, focusing on the concept of the resource curse resulting from the overdependence of Gulf economies on the petrol dollar. This reliance jeopardizes the long-term and future economic sustainability of the Gulf Cooperation Council (GCC) states. This piece employs a narrative literature review to illustrate how petroleum has shaped the economic landscape, and also the oil market volatility on the economic landscape of the region. The review emphasizes on the necessity for the region to shift its economic and institutional over-dependence away from the petrol dollar to other sustainable alternative economic domains. The review proposes strategic economic directions to guide the region towards a diversified and sustainable economic portfolio, reflecting significant potential for the economy of the region and its states. Sustainable economic development portfolios such as sustainable agriculture, renewable energy, smart cities, real estate development, sports, banking, tourism, and travel were analyzed.

Impacts of Renewable Energy Transitions on the Economic Growth in Malaysia: A Dynamic ARDL Simulations

This study explores the dynamic relationships between renewable energy transitions and economic growth in Malaysia, with a specific focus on hydroelectric power, using the Dynamic Autoregressive Distributed Lag (D-ARDL) simulations. The research leverages extensive time-series data from 1988 to 2022 to analyze the impacts of hydroelectric and non-renewable energy consumption on the nation's economic trajectory. Our findings indicate a positive long-term relationship between hydroelectric power usage and GDP growth, highlighting renewable energy's pivotal role in sustainable economic development. Additionally, the study examines the short-term adjustments and the effectiveness of hydroelectric power in reducing dependence on non-renewable energy sources, which are crucial for achieving Malaysia's Nationally Determined Contributions (NDC) for 2030. The dynamic ARDL simulations provide nuanced insights into the potential future impacts of increased hydroelectric power usage, underscoring its dual benefits for economic growth and environmental sustainability. This research contributes to the understanding of energy transitions within the context of Malaysia's unique economic and environmental landscape, offering implications for policy and investment in renewable energy infrastructure.

THE ROLE OF BIG DATA ANALYSIS IN FASHION DESIGN

Today, as the contemporary, economic and cultural landscape becomes increasingly volatile, the dynamics of the fashion industry are becoming less predictable. The fast-changing fashion industry is constantly generating data. Big data is a powerful tool that offers new and exciting opportunities for fashion designers. It is used for different purposes such as understanding consumer behaviour, predicting trends and creating more personalized products. Design processes that were previously driven by intuition and instinct have become more fluid, data and goal-oriented with the opportunities offered by big data. This article aims to reveal the purposes of using big data by investigating fashion design models based on big data in the fashion industry in recent years. For this purpose, the current models of big data in fashion design, its limitations and development direction are discussed. While many of the areas of use of big data in the fashion industry (trend analysis, demographic, geographical analysis, age and gender, etc.) have been intensively researched, the number of purely design-oriented research is only recently increasing. This study is unique in that it focuses on the design phenomenon and applications of big data in fashion. In this context, there is no academic study in the national literature. It is expected to contribute to the discussion on the effects of big data and big data-based digital technologies in fashion design.

Impact of MGNREGA on economic conditions of tribal community

It is the purpose of this study to examine how the MGNREGA has affected the financial situations of India's indigenous tribal people. Established in 2005, MGNREGA seeks to improve livelihood stability by offering rural families a minimum of 100 days of pay work annually. Examining the program's effects on the economic well-being of tribal populations—among India's most marginalised groups—is the primary goal of this research. This study employs a mixed-methods strategy, drawing on both quantitative data culled from official reports and household surveys and qualitative insights gleaned from in-depth interviews and focus groups held throughout specific tribal areas. Income, spending habits, availability of basic services, and general livelihood security are some of the most important metrics tracked. Initial results indicate that MGNREGA has helped tribal communities economically by lowering migration, increasing access to basic services, and providing stable work. On the other hand, problems including late payments, poor implementation, and beneficiaries not knowing about their rights are also highlighted in the report. Better administration, more community involvement, and individualised interventions to meet the specific requirements of tribal communities are some of the policy suggestions made in the paper's last section, which aims to improve MGNREGA's performance in tribal regions. The crucial role of employment initiatives in reshaping the economic landscape of India’s tribal tribes is highlighted in this research, which intends to add to the wider conversation on rural development and social fairness.

A Study on the Influence of Business Environment on Small Industries in Uttar Pradesh

Particularly in regions with diverse economic landscapes such as Uttar Pradesh, the business environment stands as a crucial determinant for the sustainability and success of small enterprises. The objective of this research is to investigate the impact of the legal framework, economic conditions, and socio-cultural factors on shaping the business environment in Uttar Pradesh, with a specific focus on small businesses. A comprehensive understanding of the intricate dynamics within Uttar Pradesh's small industry sector and the broader business climate is essential for policymakers, business owners, and stakeholders. This knowledge can empower them to implement targeted interventions and initiatives, fostering a conducive environment for small businesses in the area. The study delves into the role of the business environment in contributing to Uttar Pradesh's $5 trillion share in India's GDP. Various aspects, including political stability, market dynamics, global integration, human capital, infrastructure development, regulatory adjustments, and environmental sustainability, are examined to elucidate their significance in cultivating a favourable business climate.

Prospects of green hydrogen production in the Philippines from solar photovoltaic and wind resources: A techno-economic analysis for the present and 2030

As global temperatures continue to rise, reducing greenhouse gas emissions is more important than ever – demanding an urgent transition to renewable energy systems. In this study, the potential for green hydrogen production from solar and wind sources in the Philippines is explored. Renewable energy systems can yield higher decarbonization by producing green hydrogen, potentially an ‘energy vector’ for industrial, power, and transportation applications, thereby representing a promising solution for the nation's energy transition. This study explores the competitiveness of green hydrogen production in the Philippines through a comprehensive techno-economic analysis to predict the levelized cost of hydrogen (LCOH) derived from solar- and wind-powered electrolysis. The 2030 projections explore three scenarios, each representing varying research and development intensities resulting in different electrolyzer costs. The resulting LCOH values underscore the need for economic policy interventions to slash hydrogen costs to a competitive level. The present and near-future costs and attributes of electrolysis technologies still fall short compared to fossil fuel-based pathways. Furthermore, sensitivity and uncertainty analyses are conducted to investigate subsidy and policy requirements, and random changes to costs. The findings of this work provide a comprehensive understanding of the potential fluctuations and challenges in the economic landscape in the Philippines.

An overview of the dynamic and complex regulatory landscape of cargo transportation in the United Arab Emirates

This article explores the dynamic and complex regulatory landscape of cargo transportation in the United Arab Emirates (UAE). As a critical hub in global trade, the UAE’s approach to cargo transportation not only impacts its economic landscape but also has broader implications for international logistics and trade. When the authors speak about air cargo, a very prominent characteristic comes to mind, that is, the ‘speed’ at which goods are transported from one point to another in a world which is fueled by time-based competition which connects leading suppliers, smaller businesses to consumers within a complicated global supply chain operating within networks. The authors aim to examine the current regulatory framework governing cargo operations, highlighting key events contributing to the growth of cargo transportation in recent years within the UAE, shedding light on the central regulatory bodies and key players in the UAE which contribute to the chain of transporting cargo and shipments in the UAE. This study will also briefly compare the standards applied in the UAE with international norms. It delves into the implications of existing regulations on various facets of trade and logistics, including compliance challenges faced by businesses. The article identifies specific challenges in the regulatory setting, such as safety, environmental considerations and the integration of emerging technologies. Furthermore, it distinguishes between the flexible and rigid aspects of these regulations, analyzing their impact on the industry. Looking ahead, the article forecasts emerging trends and potential shifts in regulatory policies, emphasizing the need for adaptability and forward-thinking in policymaking. The aim is to provide a comprehensive overview of the UAE’s regulation of the cargo transportation landscape. The present study offers insights into its current status, challenges, and future directions, thereby contributing to policy development in this vital sector. New research examining the UAE’s cargo regulations reveals significant gaps that could stall its ambitions of becoming a leading cargo transportation global hub. The study identifies shortcomings in regulations related to cargo transportation in the UAE and its efficiency. These areas, along with potential inflexibility in the current system, pose challenges to the UAE to compete effectively in the time-sensitive world of cargo shipments.

Bibliometric Analysis on Digital Payment Using Lens.org and Vosviewers: A Comparison of Research Between Malaysia and Poland

An unprecedented surge in digital payments has had a profound effect on the economic development of developing nations. This transition has enabled greater financial inclusion through the provision of banking services to populations that were previously marginalised. In addition, it has reduced reliance on physical currency, thereby improving security and transparency. This bibliometric analysis examines the research on digital payments in Malaysia and Poland, providing a comparative perspective on research patterns and contributions in these two countries. Furthermore, this study offers a comprehensive examination of the research environment in Malaysia and Poland, elucidating the distinct approaches, methodology, and areas of emphasis in each nation. These findings provide useful insights for those interested in championing digital payment initiatives, as well as contributing to a more robust and resilient digital payment framework. As digital payment ecosystems mature, their significance in altering the economic landscape of emerging countries is likely to become more evident in facilitating cross-border knowledge exchange and collaboration.

Women in business: The impact of digital and financial literacy on female-owned small and medium-sized enterprises

The growth of small and medium enterprises (SMEs) shows a positive trend and has even become a major highlight in the national economic landscape. Moreover, most of these businesses are owned by women. Examining how digital capability and financial literacy and a dynamic environment affect the success of female-owned small and medium-sized enterprises in Indonesia is the main goal of this study. Financial and digital capability are examined as mediators between performance and these factors. The study used a causal explanatory research approach. The data in this study were collected through questionnaires. This research surveyed 100 female-owned small and medium-sized enterprises in Indonesia’s food and beverage, herbal and pharmaceutical, fashion, and craft industries. Partial Least Square (PLS) analysis was utilized in this work as an analytical tool. The study reveals that financial literacy significantly enhances SMEs` performance by improving resource management. However, a dynamic environment alone does not impact performance unless supported by other competencies. Financial competence does not strengthen the effect of financial literacy, indicating it may not be sufficient for success. Conversely, digital competence is crucial, mediating the relationship between a dynamic environment and SMEs` performance. Therefore, SMEs with strong digital skills are better positioned to adapt and thrive, making digital competence key to sustained business success.