“CROSS CULTURE COMPARISON ON FINANCIAL STIMULUS IN NEW WORLD ORDER”
Keywords:
Financial Stimulus, Cross-Culture, COVID-19 Pandemic, Fiscal Policy, Investments, Self-financing, Financial Guidance, Financial Stability, Economy, Green Stimulus.Abstract
Varied countries in the world are endorsing financial insights assortments in acknowledgement during widespread pandemic (i.e., COVID-19). This research is an attempt to figure out several crosscultural confrontational themes which government standardizing allow us to examine the difference in financial policies from country to country. This paper extent helps us to analyze the Government, Banks, International Financial Institutions implementing Green Stimulus (i.e., Short-term intervention which helps in restructuring the Country's economy) similarly as 2008-2009 and the effectiveness of these measures. This study focuses on measures and maintenance of economic policies as comparing the major components of financial stimulus data show that the countries like India, Taiwan, Singapore, South Korea and Australia responded more strongly to the COVID-19 pandemic. Eventually, we analyzed the countries despite huge divergences in Population, Geography, Cultural norms, Legal systems., we found substantial uniformity in the programs executed, with the differences akin to the interpretation on theme.