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      <title>Critical Issues in Business Management by </title>
      <link>https://padlet.com/shafi19821/2z4erakbvr1iumqv</link>
      <description>Commonwealth Trade in a Digital World </description>
      <language>en-us</language>
      <pubDate>2022-01-10 13:44:57 UTC</pubDate>
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         <title>Impact of COVID-19 on Commonwealth countries’ </title>
         <author>shafi19821</author>
         <link>https://padlet.com/shafi19821/2z4erakbvr1iumqv/wish/1983947321</link>
         <description><![CDATA[<div>The magnitude and severity of the epidemic caused by COVID-19 were unparalleled. When it began in China in 2019, no one expected it to turn out this way. This pandemic has wreaked havoc on every country on the planet in a variety of ways. This has a profound effect on every essential component, from healthcare to the economy. The recovery process is underway in a number of countries, while others are still dealing with the effects of the natural disaster. As a result of the Omicron variety's expansion, Christmas in 2020 will be dingy. Travelers will be unable to fulfill their vacation plans due to the cancellation of tens of thousands of flights. As the global economic crisis deepens, the 54 Commonwealth countries are not immune. Stock markets around the world are still struggling to recover, and unemployment rates are still high across the board. There is also an issue with the global supply chain.<br><br></div><div>The stock market is usually considered the lifeblood of company funding. Since the first vaccination was released in November, the major financial markets in North America, Europe, and Asia have recovered, but the FTSE remains in negative territory. As a result, the central banks in some nations, including the UK, have decreased interest rates as a result. Lower borrowing costs and greater spending are expected to result in a positive impact on the economy. This is known as the "January effect," despite the fact that numerous money markets recovered ground in January. Vaccination program lockdowns and delays, according to analysts, might heighten market volatility in the coming year.</div><div><br>Only 39 of the 210 countries in the world have seen GDP growth of more than 1% in the past year. Countries that rely largely on tourism and hospitality, textiles, transportation and equipment manufacture, as well as energy and transportation, have been hit especially hard. It will be painful for countries like North America and Western Europe, who are largely dependent on domestic spending for growth. RMG exporter Bangladesh is likely to be affected by foreign supply shocks as well.<br><br>The response to the epidemic has already gotten the ball rolling on the first two stages of a long-term recovery. Some sort of "business as usual" may return if Stage 1 lockdown limitations are eased, while new enterprises, products, and services that both build on and disrupt business as usual are expected to spring up simultaneously. Globally, recovery will be unequal, and success at all three stages of pandemic recovery will depend on how other nations are responding. Global commerce, investment, and supply networks make it difficult for some countries to recover from the epidemic, while a new wave may also impede recovery efforts.<br><br><br></div>]]></description>
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         <pubDate>2022-01-10 14:34:35 UTC</pubDate>
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         <title>Identify and evaluate the sources of future growth including from the Commonwealth advantage.  </title>
         <author>shafi19821</author>
         <link>https://padlet.com/shafi19821/2z4erakbvr1iumqv/wish/1983974593</link>
         <description><![CDATA[<div>As a trading bloc, it is not a part of the Commonwealth. Members have historical links, recognizable administrative and judicial systems, an international operating language (English), and significant, active diasporas, all of which make commerce and investment easier and more efficient. It is possible for member nations to trade up to 20% more than they would otherwise, while the average cost of bilateral commerce is 21% lower. This is called the "Commonwealth Advantage." The Commonwealth Advantage in capital inflows has nearly tripled from projections years back, when the figure stood at 10%, with member countries investing up to 27% more inside the Commonwealth than elsewhere. Because of the significant amounts of intra-African foreign investment made by Commonwealth African members, the investment impact is particularly powerful in Africa. These potential advantages can help countries plan for the post-COVID economic recovery and create future resilience.<br>&nbsp;<br>Developing countries in the Commonwealth face particular problems that may impede a long-term economic recovery. Commodities account for more than 80% of export profits in some LDCs. In contrast to others, such as SIDS, which have inherent structural issues due to their size and geographical location, SIDS are vulnerable to natural disasters and natural disasters because of their dependence on imports. In the GDP of several of these SIDS, tourism accounts for a sizable portion (about 50%), but it is unlikely to revive very soon unless health and safety issues are addressed. Furthermore, many Commonwealth countries are heavily indebted and lack the financial resources to finance a long-term recovery, meaning they do not qualify for foreign assistance regardless of their actual levels of vulnerabilities.<br><br>Commonwealth countries' COVID-19 challenges can be overcome in the short term by continuing to invest in productivity and regulations aimed at increasing the tenacity of Commonwealth countries. Careful planning is essential in order to minimize the impact on GVC-linked sectors. Short, medium, and long-term goals can be met if countries have a roadmap in place that considers the specific conditions of the sectors that have been negatively affected. In the short term, governments should focus on the present health emergency, food and economic security, job creation, and economic support in order to ensure that the pandemic does not have a long-term impact. Recovering economies can be transformed by encouraging long-term sustainable growth in international trade, which can be achieved by enhancing bounce-back activities. Commonwealth countries might find in the current situation a unique opportunity to use new technologies to support policies targeting recovery.</div>]]></description>
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         <pubDate>2022-01-10 14:45:02 UTC</pubDate>
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