We construct a news-based viral disease index and study the dynamic impact of epidemics on world economy, using structural vector autoregressions. Epidemic shocks have persistently negative effects, both directly indirectly, affected countries output. The lead to signi?cant fall in global trade, employment, consumer prices for three quarters, losses are permanent. In contrast, retail sales incr...

economy as a basis of any society has an important function in breaking out, proceeding and termination of deferent wars. this principle is true about iran-iraq war. this essay in addition to explaining important indicators and factors affecting states economy in war period, tries to analyse deferent economies like us, japan, iraq and some others during world war ii. it also considers iran econ...

Nowadays, the world economies are rapidly moving towards being more Knowledge-based Economy (KBE) and supporting the force of knowledge as a vital component of economic growth. This recent acceleration in the transition to Knowledge-based Economy in the world, has affected regional economic performance. In this paper, we surveyed the regional convergence in Knowledge-based Economy for selected ...

a brief study on the history of 20th century reveals that capitalist system has been facing to political, military and economic crisis including world wars i and ii, economic crisis of 1929 and 1973, economic crisis of southeast of asia in 90s and the current economic crisis. while theories of international political economy have in common with the occurrence of the crisis itself, they are diff...

This paper analyzes the simplest neoclassical economy in which agents have finite lives and there is sustained per capita growth. The growth rate of the world economy depends upon countries' savings propensities and common technology. Trade can reverse an economy's autarkic growth trajectory, and a country with a high savings rate runs a current account surplus. If a surplus country expands agg...