The fact that the Chinese economy came out very quickly from the spread of the pandemic and in particular in the first three months of 2020, managing to revoke all the imposed measures of lockdown and social isolation, justifies as a point the ever-increasing expectations of investors to invest in China, despite the well-known pathologies …
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Wirecard: How Major International Audit Firms End Up Unreliable and What has to be done in Terms of Regulatory Frame
The recent scandal in Germany starring one of the largest digital payment companies in Europe, highly unreliable role of the four major international audit firms, as in the case of Enron Corporation (2001) in the USA. Wirecard AG is an insolvent German payment processor and financial services provider at the center of a financial scandal …
How Working Life Can Be More Productive And More Pleasant
The up to date surveys shows that productivity has increased significantly in the weeks since offices were closed due to lockdown and everyone was working from home. This is since the way each employee has judged whether he has fulfilled his obligations has changed. More specifically, these surveys showed that when an employee works in …
The Projection of Chinese Economy for 2020
The presence of the pandemic on Chinese soil with the simultaneous expansion of the US-China trade war, which has now turned into a technological, investment and financial war respectively, has been an explosive cocktail that has begun to leave its mark on the Chinese economy. The sharp decline in foreign direct investment in China and …
How The New Distribution Of Income And Wealth Takes Place After The Pandimia Is Dismissed
The economic crisis caused by the measures to tackle the pandemic in the developed and developing economies of the world have their consequences and implications for the whole microeconomic and macroeconomic life of the societies of the planet. The imposed measures of lockdown and social distance have caused major structural changes in the labor market …
The Lightning Digital Approach Of The Business Continuation In The New Market After The End Of Pandemic
During the quarantine period due to the measures taken by the Covid-19 pandemic, companies were forced to adjust quickly to remain competitive in the new market that emerges after the lifting of restrictive measures, investing in accelerating their digital transformation guaranteed the way of the uninterrupted continuity of their business and commercial activity and viability …
The Respecification Of Business As Concerns Their Approach To The Risk Taking
The pace of development of the current health crisis and the magnitude of its social implications are driving developments in most companies around the world in terms of their approach to investment or business risk, respectively. Business objectives in terms of reducing the size of the business risk 1. From now on, the primary goal …
The State Liquidity Provisions And Their Mulfunctions In The Markets
The decisions of the governments of the developed countries of the world to strengthen with state capital all the companies of their countries in a horizontal way, which companies asked for protection against the economic crisis caused by the measures against the pandemic Covid-19, were correct. The problem is the duration of these government liquidity …
The Microeconomic Changes Due to The Pandemic And the Adaptation of the Macroeconomic Environment to them
The spread of the Coronavirus pandemic and the ways to deal with it (lockdown, social exclusion & isolation) are causing tectonic changes in the size of GDP shrinkage and in total economic activity. In recent years, the exogenous factors that determine the levels of demand for services and products in many sectors of the economy …
The Proper Way to Organize and Manage the Development (NSRF) Funds in order to achieve Growth in the Eurozone
In order to achieve a balanced development across the Eurozone, there should be a combination of centralized control and management of the available funds for development (the National Strategic Reference Framework (NSRF) documents are the EU funds at national level) by the Commission. At the same time there should be a centrally coordinated management and …