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Understanding the impact of COVID-19 supply disruptions on exporters in global value chains

Retrieved on: 
Thursday, March 23, 2023

In this context, the further upstream the disruption occurs, the greater is the potential for supply bottlenecks to propagate negative shocks.

Key Points: 
  • In this context, the further upstream the disruption occurs, the greater is the potential for supply bottlenecks to propagate negative shocks.
  • The third phase was from September 2020 to the end of 2021, when disruptions to global supply chains emerged and progressively intensified.
  • Within this sample, our treatment group comprises all exporting firms that had imported intermediate inputs at least once over the same period.
  • We assess firms’ performance during the crisis, in terms of export sales and probability of survival in the export market.
  • The richness of the dataset allows us to then deepen our analysis and look at several sources of heterogeneity.
  • In April 2020 GVC exporters recorded export volumes that were 42% lower than the levels recorded in January 2020.
  • Chart 2 illustrates the estimated effect of participation in global value chains on firm-level exports.
  • We find that participation in GVCs increased firm vulnerability during the pandemic, with the negative impact of supply disruptions being greater for firms located relatively more downstream in the value chain.
  • In this article we investigate the impact of supply chain linkages on exporting firms during the pandemic.
  • Highly granular data for the universe of French exporters allow us to provide one of the first firm-level quantifications of the impact of supply bottlenecks that occurred in 2021, when disruptions along value chains were at historically high levels.
  • We find that exporters in global value chains suffered relatively more than other exporters during the COVID-19 crisis.
  • This additional negative effect was mostly driven by exporters at downstream production stages, whereas diversifying sourcing networks for core imports helped to buffer the impact.

Green QE and carbon pricing: looking at potential tools to fight climate change

Retrieved on: 
Monday, January 16, 2023

a carbon tax) is an effective instrument for combatting climate change, the potential contribution of central banks is still debated.

Key Points: 
  • a carbon tax) is an effective instrument for combatting climate change, the potential contribution of central banks is still debated.
  • Central banks around the world have explored various strategies for integrating climate change into their monetary policy frameworks.
  • Potential tools include greener collateral frameworks, green lending facilities and green quantitative easing (QE), whereby central banks “tilt” their balance sheets towards bonds issued by firms in “clean” or non-polluting sectors.
  • How effective are these tools in reducing carbon emissions relative to a carbon tax?
  • In Abiry, Ferdinandusse, Ludwig and Nerlich (2022), we contribute to this debate by assessing the effectiveness of green QE in limiting global warming compared with a carbon tax.
  • We define green QE as a full portfolio reallocation of the outstanding stock of privately issued bonds held by central banks towards a portfolio exclusively comprising green bonds.
  • Intermediate goods are produced using the inputs of capital, labour and energy (which can be either clean or dirty).
  • With a less extreme scenario in which only part of the central banks’ portfolio is tilted, the climate impact of green QE is even more limited.
  • The two counteracting forces of green QE outlined above explain why the overall effectiveness of green QE, even with a full portfolio shift, is more limited as compared with other policy tools, such as a carbon tax.
  • What level of carbon tax would be needed to achieve the same reduction in temperature as green QE?
  • While a carbon tax is the most effective means for combatting climate change, the analysis shows there can also be a limited role for central banks.

GYMGUYZ Continues to Expand in New Territories and Change Lives through Personalized Fitness Programs Across the U.S.

Retrieved on: 
Wednesday, November 16, 2022

MELVILLE, N.Y., Nov. 16, 2022 /PRNewswire/ -- As the demand for in-home personal training skyrockets across the globe, GYMGUYZ, the world's largest at-home and on-site personal training franchise, announces the addition of 25 new locations by the end of 2022. By year's end, GYMGUYZ will service more than 1,200 cities across three countries.

Key Points: 
  • GYMGUYZ is giving entrepreneurs an opportunity to be a part of an energetic and inspiring workplace culture while staying ahead of the curve in the fitness market.
  • "GYMGUYZ is exploding in popularity because we provide not only effective workouts, but something that other at-home fitness programs don't offer: accountability.
  • Due to its growing success and diverse client base, GYMGUYZ has launched new fitness programs outside of at-home workouts, now offering B2B Fitness Programs at corporations, schools and senior living centers.
  • That's why GYMGUYZ is providing options to help employers keep their employees active and healthy," said GYMGUYZ Chief Marketing Officer Phil Brojan.

Lowe's Expands Assortment of Premium Appliances through New Partnership with Miele

Retrieved on: 
Wednesday, November 16, 2022

MOORESVILLE, N.C., Nov. 16, 2022 /PRNewswire/ -- Lowe's, the No. 1 appliance retailer in the U.S., is expanding its assortment of premium appliances through a new exclusive home center partnership with Miele, the largest family-owned German premium appliance manufacturer. Lowe's will offer an assortment of Miele dishwashers and laundry appliances in 149 Lowe's stores and online at Lowes.com.

Key Points: 
  • 1 appliance retailer in the U.S., is expanding its assortment of premium appliances through a new exclusive home center partnership with Miele, the largest family-owned German premium appliance manufacturer.
  • Lowe's will offer an assortment of Miele dishwashers and laundry appliances in 149 Lowe's stores and online at Lowes.com.
  • "We're excited tooffer Miele's products that are known globally as high-end premium appliances.
  • Miele is the world's leading manufacturer of premium domestic appliances including cooking, baking and steam-cooking appliances, refrigeration products, coffee makers, dishwashers and laundry and floor care products.

The Echols Realty Team Partners With Side in Extol Realty To Give Clients and Agents the Best Tools in the Business

Retrieved on: 
Wednesday, November 16, 2022

MONROE, Ga., Nov. 16, 2022 /PRNewswire-PRWeb/ -- Brad Echols of the Echols Realty Team today announced Extol Realty and its partnership with Side, the only real estate technology company that exclusively partners with high-performing agents, teams, and independent brokerages to transform them into market-leading boutique brands and businesses. The alliance will ensure that Extol Realty, a company built around the core values of putting others first and being of service, is powered by the industry's most advanced platform.

Key Points: 
  • The Echols Realty team, which he created in 2018, was the No.
  • 1 team at his previous brokerage since 2020 and also won top awards from its prior brokerage, including being named No.
  • "At Extol Realty, we're determined to give our clients experiences worth raving about," Echols said.
  • Additionally, Extol Realty will join an exclusive group of Side partners, tapping into an expansive network from coast to coast.

CoinFlip Ranked Number 36 Fastest-Growing Company in North America on the 2022 Deloitte Technology Fast 500™

Retrieved on: 
Wednesday, November 16, 2022

CHICAGO, Nov. 16, 2022 /PRNewswire/ -- CoinFlip, a Chicago-based fintech company powered by cryptocurrency, today announced it ranked 36 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 28th year. This recognition comes at a time of significant growth and innovation for CoinFlip, most known for its network of 4,000 bitcoin ATMs. In the last year, CoinFlip has rapidly increased its investment in making blockchain technology accessible and available through various channels.

Key Points: 
  • CHICAGO, Nov. 16, 2022 /PRNewswire/ -- CoinFlip , aChicago-based fintech company powered bycryptocurrency, today announced it ranked 36 on the Deloitte Technology Fast 500 , a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 28th year.
  • "It's an honor to be recognized among prestigious tech companies on Deloitte's Technology Fast 500.
  • Overall, 2022 Technology Fast 500 companies achieved revenue growth ranging from 241% to 125,138% from 2018 to 2021, with median growth of 611%.
  • Now in its 28th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies both public and private in North America.

BillingPlatform Recognized for 3rd Consecutive Year as One of the Fastest-Growing Companies in North America on the 2022 Deloitte Technology Fast 500™

Retrieved on: 
Wednesday, November 16, 2022

DENVER, Nov. 16, 2022 /PRNewswire/ -- BillingPlatform, the enterprise monetization platform for today's innovative business models, today announced it was listed for the third consecutive year on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America. BillingPlatform grew 243% over the last three years.

Key Points: 
  • He said, "We're incredibly proud to be recognized by Deloitte as a Fast-Growing company for the third straight year.
  • BillingPlatform was previously recognized as a Deloitte Fast 500 company, ranking No.
  • Now in its 28th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies both public and private in North America.
  • Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

Campgrounds Expand in Attempt to Meet Camping Demand

Retrieved on: 
Wednesday, November 16, 2022

1 app for camping information and booking, found that more than a third of private campgrounds expanded in 2022.

Key Points: 
  • 1 app for camping information and booking, found that more than a third of private campgrounds expanded in 2022.
  • Of campgrounds that expanded to offer a new type of camping in 2022, 44 percent added glamping, by far the most common camping type to add.
  • In response to the record demand for campsites, private campgrounds are not just expanding their capacity, but also their calendars.
  • The Dyrt PRO enables campers to find free camping areas on public lands, search for campgrounds without cell service coverage, use the app offline, get discounts on camping and more.

Arkose Labs Ranked Number 106 Fastest-Growing Company in North America on the 2022 Deloitte Technology Fast 500™

Retrieved on: 
Wednesday, November 16, 2022

SAN MATEO, Calif., Nov. 16, 2022 /PRNewswire/ -- Arkose Labs, the global leader in bot management and account security, today announced it ranked No. 106 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 28th year. Arkose Labs also ranked as No. 20 fastest-growing company in the San Francisco Bay Area. It grew 1,411% during this period.

Key Points: 
  • 106 on the Deloitte Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 28th year.
  • This is the second consecutive year that Arkose Labs has been ranked on the Fast 500.
  • Overall, 2022 Technology Fast 500 companies achieved revenue growth ranging from 241% to 125,138% from 2018 to 2021, with median growth of 611%.
  • Now in its 28th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies both public and private in North America.

OtterBox Designs Three New Defender Series Cases for Business

Retrieved on: 
Tuesday, November 15, 2022

FORT COLLINS, Colo., Nov. 15, 2022 /PRNewswire/ -- Adding to the extensive rugged protection portfolio, OtterBox introduces its enhanced line of Defender Series cases for businesses. Whether it's the classroom, retail floor, warehouse floor and everywhere in between, the Defender Series is now available for Apple iPad (10th generation) with three new configurations.

Key Points: 
  • Whether it's the classroom, retail floor, warehouse floor and everywhere in between, the Defender Series is now available for Apple iPad (10th generation) with three new configurations.
  • With its slim profile, the Defender Series case with Kickstand easily fits most tablet charging carts.
  • "From curious minds in the classroom to dedicated workers in the field and in offices, these Defender Series cases with added modularity can greatly enhance productivity and protection for organizations," said Brian Jacoby, senior vice president of OtterBox Business Solutions.
  • To learn more about Defender Series for business and how OtterBox never stops working to protect your devices whether out in the field, in the office or in the classroom, visit OtterBoxBusiness.com .