REVIEW ARTICLE | Jan. 9, 2021
The Consequences of the Economic Devastations of COVID-19 in Mexican Education 2020
Saúl Robles-Soto, Elena Zhizhko
Page no 1-15
This article presents the results of a scientific economic research, which goal was to reveal the economic indicators resulting from two crises never seen before in Mexico: on the one hand, the health crisis caused by COVID19 and on the other hand, the economic crisis that has been dragging on for several decades. The authors analyzed from the modern conventional economy using the inferential deductive method, the statistical information of the five months of the year 2020 (April-August) regarding the gross domestic product, employment and unemployment in Mexico in order to understand the two crises and propose the alternatives of its solution. The study showed that the average growth rate in employment during the last 36 years in Mexico (neoliberal model) was 1.8%, while unemployment increased in the same period at a rate of 3.4%, an indicator that shows the incapacity of the model to satisfy the demand for labor of the population. Likewise, in the unemployment variable, the neoliberal model implemented since the eighties of the twentieth century in Mexico, has resulted in a low dynamism in GDP, unlike that achieved in the nationalist period, with the consequent reduced number of jobs each six-year term and with it, a considerable increase in the number of unemployed.
ORIGINAL RESEARCH ARTICLE | Jan. 14, 2021
India’s Export Potential and Competitiveness with UAE: An Exploratory Study
Syed Mohd Shahzeb, Himanshu Khushwaha, Tariq Masood
Page no 16-27
The study is an attempt to investigate the India’s bilateral trade profile and export potential of India with United Arab Emirates (UAE) over the period 2001-2018. In addition to exploring the bilateral trade with UAE, it also throws light on how India has performed globally during the same period. In order to analyze India’s export intensity, complementarity, diversification & specialization we resorted to trade indices and Finally, Revealed Comparative Advantage Index (RCA) is calculated to find out what are the lines of specialization that India has in its anvil. Index of competitiveness is calculated both at the global and bilateral level i.e. RCA with world and Bilateral Revealed Comparative Advantage (BRCA) with UAE. It is found that, though, India is second largest supplier to UAE in Merchandise trade, still a major proportion of export revenue is coming from very few lines. Precious stones and Jewellery items accounts for around 30% of exports earning. Our calculations reveal that there are 228 products in which India has bilateral revealed comparative advantage with UAE, while globally it has revealed comparative advantage in 558 products. Thus, there exists a gap of around 377 products, which India can tap for additional US $ 6.42 billion of UAE demand where India supplies only US $ 1.21 billion as of 2018.
ORIGINAL RESEARCH ARTICLE | Jan. 22, 2021
Financial Performance Analysis of Sharia Banks in Indonesia and Malaysia Using Dupont System
Moena Azizah, Nengzih
Page no 28-35
The purpose of this research is to analyze and determine the financial performance of Islamic banking in Indonesia and Islamic banking in Malaysia using the Dupont System, represented by the ratio of NPM (Net Profit Margin), TATO (Total Asset Turnover), ROI (Return On Investment), MER (Multyplyer Equity). Ratio) and ROE (Return On Equity). This research uses quantitative data, using secondary data sources by using library studies and library research using different test T in each ratio. Based on the results of the study, it shows that there are significant differences in the ratio of NPM, TATO, ROI and ROE. In contrast, for the MER ratio, there is no significant difference between Islamic banking in Indonesia and Malaysia.