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.
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.