Presenter Information

Yilei LiFollow

Presenter Status

MBA Student, School of Business Administration, Andrews University

Second Presenter Status

PH.D., Ph.D., MBA, School of Business Administration, Andrews University

Third Presenter Status

Ph.D., MS, RN, School of Health Professions, School of Nursing, Andrews University

Fourth Presenter Status

CSSGB, F. cilia, AFA, MIPA, School of Business Administration, Andrews University

Preferred Session

Poster Session

Location

Buller Hall Hallways

Start Date

21-10-2022 2:00 PM

End Date

21-10-2022 3:00 PM

Presentation Abstract

Due to the impact of the COVID epidemic, growth in the world's three largest economies has stagnated, inflation has exceeded expectations, and the global economic outlook is bleak and full of uncertainty This study aims to analyze the phenomena of economic decline following the COVID outbreak by comparing the effects of the epidemic in 37 nations in the Asia-Pacific area (Korea, the Republic of; Cambodia; Papua New Guinea; Tuvalu, etc.) before and after the outbreak. The approach employed in this study is a longitudinal survey that analyzes the balance of payments, current account, total, net (BPM6), and percentage of GDP for eight years before and after the epidemic for various nations in the Asia-Pacific area. The data are then processed and analyzed in SPSS using the two-way ANOVA repeated measures method. The study's findings indicate that the COVID-19 epidemic had a major economic impact on the Asia-Pacific area. In the Asia-Pacific area, the COVID outbreak did have an impact on the balance of payments, current account, gross, net, etc. It should be emphasized that the Asia-Pacific region has stricter national control requirements than other regions, which may have an impact on the study's findings.

COinS
 
Oct 21st, 2:00 PM Oct 21st, 3:00 PM

P-03 Longitudinal Study- The Impact of the COVID Epidemic on the Asian-Pacific Region in Terms of Balance of Payments, Current account, Total, Net (BPM6), and Percentage of GDP

Buller Hall Hallways

Due to the impact of the COVID epidemic, growth in the world's three largest economies has stagnated, inflation has exceeded expectations, and the global economic outlook is bleak and full of uncertainty This study aims to analyze the phenomena of economic decline following the COVID outbreak by comparing the effects of the epidemic in 37 nations in the Asia-Pacific area (Korea, the Republic of; Cambodia; Papua New Guinea; Tuvalu, etc.) before and after the outbreak. The approach employed in this study is a longitudinal survey that analyzes the balance of payments, current account, total, net (BPM6), and percentage of GDP for eight years before and after the epidemic for various nations in the Asia-Pacific area. The data are then processed and analyzed in SPSS using the two-way ANOVA repeated measures method. The study's findings indicate that the COVID-19 epidemic had a major economic impact on the Asia-Pacific area. In the Asia-Pacific area, the COVID outbreak did have an impact on the balance of payments, current account, gross, net, etc. It should be emphasized that the Asia-Pacific region has stricter national control requirements than other regions, which may have an impact on the study's findings.