Important COVID-19 ResourcesFaculty Expert Perspective

International Trade

The Miami Herald – April 13, 2020 – Virus disrupts Miami area’s international trade and supply systems

Trade relationships, now under strain, will endure the crisis. Professor Jerry Haar pointed out that “actual trade relationships between countries do not change much, nor do those between buyer and seller if they are long-term relationships, just because of an economic downturn, political strife, financial problems, natural disasters or health pandemics.”


Employment

South Florida Sun Sentinel – April 10, 2020 - What to know about filing a Florida unemployment claim, including using the state’s new mobile app

As Florida hopes it has tamed its troubled unemployment system, professor Marc Weinstein doubts the paper application route will provide the expedited processing that applicants need. “I cannot imagine how the paper system is going to facilitate speedy reimbursement,” he said. “We are dealing with such a large magnitude of application increases.”

WLRN “Sundial” – April 6, 2020 - Heard On Sundial: Navigating The Unemployment Crisis. And Palm Beach County’s COVID-19 Response

Professor Marc Weinstein discussed the state of unemployment in South Florida plus the system’s failure to process applications. “We have never seen unemployment numbers like these,” said Weinstein. “When you have 6 million applications in the first week and 9 million by the second week, no system is ready.”


Economics

WalletHub – April 7, 2020 – “Ask The Experts

Professor Attila Hertelendy suggested that for state governments “instead of playing catch up and following the herd, being cautious and proactive is the best way to ensure safety” He highlighted Vermont, Minnesota, Massachusetts, Washington, Illinois, Maine, Pennsylvania as states who have dealt most efficiently with the coronavirus pandemic.

Fox News – March 28, 2020 - World Health Organization under the microscope: what went wrong with coronavirus?

Many questioned the World Health Organization’s response as COVD-19 expanded in China. "For an international body that people (and) governments and the business community looks to for advice, they are simply too slow, burdened by bureaucracy and political correctness," said Attila Hertelendy instructor of Information Systems and Business Analytics at Florida International University.

Bangor Daily News – March 26, 2020 - Authorities: ‘Snowbirds’ should stay put if they can, rather than return to Maine

Department of Information Systems and Business Analytics instructor Attila Hertelendy advises residents who leave to warmer climates during Maine’s cold, winter months to stay where they are, if possible. People should avoid all unnecessary travel, he said. “If you have to travel, you should be limiting human contact as much as you possibly can.”


Personal Finance

WalletHub– April 2, 2020 - “Ask The Experts

Professor Deanne Butchey discussed free credit cards, with zero interest rate and zero balance transfer fee. “Banks can do this as a service during tough times as they can essentially borrow for free. A bank can absorb these costs during catastrophic times. The goodwill earned will be immeasurable once conditions return to normal.


Telecommuting

The Hill – April 1, 2020 - The brave new world of remote work

Professor Jerry Haar shares his thoughts on the “silver lining” that telecommuting offers. “The principal advantages of working remotely are a flexible schedule, the ability to work from anywhere, spending more time with family and the convenience of working from home. Certain jobs are actually better suited for remote work than office work. These include “knowledge worker” jobs in which quietude and concentration are imperative.”

Daily messenger – March 26, 2020 - Kitchen table cubicles: A digital workplace means a learning curve

The same principle can also be applied to specific duties associated with a job, according to co-author Ravi Gajendran, assistant professor in the department of global leadership and management at Florida International University.

“It’s not so much that telecommuting is good or bad; it’s just that sometimes it’s advantageous and sometimes it’s not,” Gajendran said.


Small Business

Keys Weekly – March 25, 2020 - $50,000 interest-free loans available for small businesses

Helping small businesses apply for Florida Small Business Emergency Bridge Loans. Margie Smith, a consultant at FIU’s College of Business who serves the Florida Keys, sends applicants to the right place with an understanding of the eligibility criteria, reviews Florida Emergency Bridge Loan applications to make sure they are complete, and works with applicants to answer questions. 

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