The current economic and financial crisis: a gender perspective

OpenAIRE

Antonopoulos, Rania

2009-01-01

Widespread economic recessions and protracted financial crises have been documented as setting back gender equality and other development goals in the past. In the midst of the current global crisis--often referred to as "the Great Recession"--there is grave concern that progress made in poverty reduction and women's equality will be reversed. Indeed, for many developing countries it is particularly worrisome that, through no fault of their own, the global economic downturn has exacerbated ef...

Labour Markets Trends, Financial Globalization and the current crisis in Developing Countries

NARCIS (Netherlands)

R.E. van der Hoeven (Rolph)

2010-01-01

textabstractThe current wave of globalization has profound labour market effects, accentuated, in many cases, by the current financial and economic crisis. This paper reviews general labour market trends and country examples, arguing that the current globalization process makes labour’s position

Tax Havens in Economic Globalization Era

OpenAIRE

Daniela Iuliana Radu

2014-01-01

The current economic climate is characterized by the globalization of trade in goods and services, free movement of capital and extensive use of new technological applications in the field of international financial transactions and trade. Despite the fact that most financial institutions are the compliance department rules governing enormous number of transactions conducted daily are insufficient. Classification-JEL:

ECONOMIC AND SOCIAL IMPLICATIONS OF GLOBALIZATION

Directory of Open Access Journals (Sweden)

Oana CHINDRIS-VASIOIU

2013-12-01

Full Text Available The confrontation between third millennium will not be between civilizations but between forces of globalization and global agents. Already live in a global economy, context in which it is necessary to understand by globalization the modernization process of life world by spreading economic means of production and communication at world level. Globalization produces a capitalism healthy whereas stimulates competition beneficial between an ever-increasing number of companies. Economic and political unification under the global financial corporate banner is accompanied by mixing spiritual values and return unique realm. After internationalism political correctness (multiculturalism, feminism, ecological radically administered Western individualism typical bruising, it seems that the ground is ready for the big toe-in. Globalization can be seen as a crucial stage of expansion and economic interdependence. This stage is completing a process of aggregation of relatively autonomous local economies whose element mainly in the past has been constant widening of the space for the exchange of each economic savings. Economic renewal based on knowledge of known but a contrary geospatial evolution. Advances in knowledge are favored and intimately linked to the possibility of communication. So, they are favored by communication infrastructure and communication technologies.

ECONOMIC gROWTH, GLOBALIZATION AND TRADE

OpenAIRE

Nuno Carlos LEITÃO

2012-01-01

The purpose of this article is to investigate the relationship between economic growth, globalization and trade. The manuscript uses the assumptions of the economic growth exogenous and endogenous models. It introduces new proxies for explain the economic growth as in intra-industry trade, foreign direct investment and globalization index. The results indicate that economic growth is a dynamic process. The intra-industry has a positive impact on economic growth. This paper confirms relevan...

ECONOMIC NATIONALISM’S VIABILITY UNDER GLOBALIZATION

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Elena Mihaela ILIESCU

2015-07-01

Full Text Available The path undertaken by the world economy is irreversible - the world economic system is a system based on interdependencies, cooperation and multilateralism but economic openness is not full. Each country, in order to protect their national interest call, in different proportion, depending on the circumstances and of the economic-social and political interests, for different forms of the economic nationalism, forms that have adapted continuously to the demands required for integrating on the foreign markets. The recent global economic crisis intensified the rhetoric and the economic nationalism’s practices but it is not about rebirth, but of renewal, of remodeling the nationalist policies, globalization being a premise of the new economic nationalism. The scope of this paper is to emphasize using empirical data the fact that nationalism and globalization, from an economical point of view, are not antagonistic policies, they coexist and influence each other, both generating contradictory effects, in terms of provided opportunities and risks.

Recent Topical Research on Global, Energy, Health & Medical, and Tourism Economics, and Global Software

OpenAIRE

Chang, Chia-Lin; McAleer, Michael

2017-01-01

textabstractThe paper presents an overview of recent topical research on global, energy, health & medical, and tourism economics, and global software. We have interpreted “global” in the title of the Journal of Reviews on Global Economics to cover contributions that have a global impact on economics, thereby making it “global economics”. In this sense, the paper is concerned with papers on global, energy, health & medical, and tourism economics, as well as global software algorithms that have...

Current Economic Situation in Bosnia and Herzegovina

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Goran Mirascic

2011-11-01

Full Text Available This article provides an overview of the current economic situation in Bosnia and Herzegovina. Beginning in the second half of 2008, macroeconomic conditions in B&H began precipitating a decline in economic activity. While the global financial crisis was among the factors contributing to this decline, it was far from the only factor. Problematic macroeconomic conditions were also a result of B&H’s own structural and political problems, caused largely by the shortcomings of a political entity comprising two autonomous entities. Due to such problems, the governments of B&H turned to the International Monetary Fund for assistance. This article analyzes the effects of the first two “stand by” arrangements made between the IMF and B&H and discusses implications for further, ongoing stand by arrangements made between the IMF and B&H. This paper also examines the lack of unified economic space between The Federation of Bosnia and Herzegovina and The Republic of Srpska, which has resulted not only in ineffective monetary policy but also in different fiscal and taxation systems between the two entities. While various existing analyses claim that B&H has little hope of resolving its economic woes due to its current political and economic structure, this article offers solutions and measures that, if successfully implemented, would lead to more efficient recovery and self-sustainable economic growth.

GLOBALIZATION AND ECONOMICAL-SOCIAL INFLUENCES

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LIVIU RADU

2011-04-01

Full Text Available Globalization represents a myriad of processes of undeniable complexity and variable dynamics, which cover various society areas. It can depict various aspects of phenomenon, ideology, strategy, or all in one place. Globalization is with no doubt a complex concept that bears diverse significations which refer to many sides: the economical, the political, the cultural one etc. Most authors view as particularly important the economic side of globalization, while they seem to be looking over the political, social or cultural aspects of this phenomenon. Thus the optimists view contemporary globalization as a new phase in which all the world’s states are subjected to sanctions from the global market, while skeptics argue that the globalization phenomenon determines chain reactions, incontrollable here and there, in conditions of a present crisis, precisely through the interdependency between states.

Impact of the topology of global macroeconomic network on the spreading of economic crises.

Science.gov (United States)

Lee, Kyu-Min; Yang, Jae-Suk; Kim, Gunn; Lee, Jaesung; Goh, Kwang-Il; Kim, In-mook

2011-03-31

Throughout economic history, the global economy has experienced recurring crises. The persistent recurrence of such economic crises calls for an understanding of their generic features rather than treating them as singular events. The global economic system is a highly complex system and can best be viewed in terms of a network of interacting macroeconomic agents. In this regard, from the perspective of collective network dynamics, here we explore how the topology of the global macroeconomic network affects the patterns of spreading of economic crises. Using a simple toy model of crisis spreading, we demonstrate that an individual country's role in crisis spreading is not only dependent on its gross macroeconomic capacities, but also on its local and global connectivity profile in the context of the world economic network. We find that on one hand clustering of weak links at the regional scale can significantly aggravate the spread of crises, but on the other hand the current network structure at the global scale harbors higher tolerance of extreme crises compared to more "globalized" random networks. These results suggest that there can be a potential hidden cost in the ongoing globalization movement towards establishing less-constrained, trans-regional economic links between countries, by increasing vulnerability of the global economic system to extreme crises.

The Impact of the Global Economic Crisis on Sport

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Szabó Földesi Gyöngyi

2014-09-01

Full Text Available The current economic crisis is the worst one in decades; it is surely the worst one the world has experienced since the Great Depression in the 1930s. Although it has affected countries with different positions in the global village in different ways and to different degrees, it has had worldwide consequences in most sub-systems of societies, including sport. These are hot issues in management and in everyday practice; still, relatively little attention has been paid to them within the social sciences. The objective of this paper is to close this gap by studying how the recent global economic crisis has affected sport. Two spheres of sport have been selected for analysis: mega sport events and grassroots sports. These two fields were chosen because of their social importance and because there is little scientific evidence about how they face and answer the challenges coming from the economic crisis. The topic is discussed from the theoretical perspective of the nexus of economy, politics, society, and culture. The methodological considerations refer to the lack of reliable sources for economic data related to sport. The results indicate that mega sport events have suffered less from the recession: there might be new actors, but the show goes on. The true loser is grassroots sport. Household impoverishment might lead to a decreased willingness of the individual practitioners to pay for sports goods and services and to a decreased contribution of volunteers working in sport. The funding models vary across countries, but generally both public and private funding has been reduced. In conclusion, it is underlined that no fields of sport have been left untouched by the current global economic crisis, but grassroots sports have suffered the most from it.

Economic liberalization and globalization vs. India's poor

OpenAIRE

Oschinski, Matthias

2003-01-01

Today, many in the national and international NGO community perceive globalization and economic liberalization as a threat claiming that it widens inequalities and increases overall poverty. While it is true that inequality is on the rise in a rapidly globalizing world the real culprit is not globalization itself but rather a lack of economic reforms and economic liberalization. This paper aims to show that many in the international NGO community confuse cause and effect. The root cause of po...

Recent topical research on global, energy, health & medical, and tourism economics, and global software: An overview

OpenAIRE

Chang, Chia-Lin; McAleer, Michael

2017-01-01

textabstractThe paper presents an overview of recent topical research on global, energy, health & medical, and tourism economics, and global software. We have interpreted "global" in the title of the Journal of Reviews on Global Economics to cover contributions that have a global impact on economics, thereby making it "global economics". In this sense, the paper is concerned with papers on global, energy, health & medical, and tourism economics, as well as global software algorithms that have...

Global Landslide Total Economic Loss Risk Deciles

Data.gov (United States)

National Aeronautics and Space Administration — Global Landslide Total Economic Loss Risk Deciles is a 2.5 minute grid of global landslide total economic loss risks. A process of spatially allocating Gross...

Global Drought Total Economic Loss Risk Deciles

Data.gov (United States)

National Aeronautics and Space Administration — Global Drought Total Economic Loss Risk Deciles is a 2.5 minute grid of global drought total economic loss risks. A process of spatially allocating Gross Domestic...

Entropy-based analysis and bioinformatics-inspired integration of global economic information transfer.

Directory of Open Access Journals (Sweden)

Jinkyu Kim

Full Text Available The assessment of information transfer in the global economic network helps to understand the current environment and the outlook of an economy. Most approaches on global networks extract information transfer based mainly on a single variable. This paper establishes an entirely new bioinformatics-inspired approach to integrating information transfer derived from multiple variables and develops an international economic network accordingly. In the proposed methodology, we first construct the transfer entropies (TEs between various intra- and inter-country pairs of economic time series variables, test their significances, and then use a weighted sum approach to aggregate information captured in each TE. Through a simulation study, the new method is shown to deliver better information integration compared to existing integration methods in that it can be applied even when intra-country variables are correlated. Empirical investigation with the real world data reveals that Western countries are more influential in the global economic network and that Japan has become less influential following the Asian currency crisis.

Entropy-based analysis and bioinformatics-inspired integration of global economic information transfer.

Science.gov (United States)

Kim, Jinkyu; Kim, Gunn; An, Sungbae; Kwon, Young-Kyun; Yoon, Sungroh

2013-01-01

The assessment of information transfer in the global economic network helps to understand the current environment and the outlook of an economy. Most approaches on global networks extract information transfer based mainly on a single variable. This paper establishes an entirely new bioinformatics-inspired approach to integrating information transfer derived from multiple variables and develops an international economic network accordingly. In the proposed methodology, we first construct the transfer entropies (TEs) between various intra- and inter-country pairs of economic time series variables, test their significances, and then use a weighted sum approach to aggregate information captured in each TE. Through a simulation study, the new method is shown to deliver better information integration compared to existing integration methods in that it can be applied even when intra-country variables are correlated. Empirical investigation with the real world data reveals that Western countries are more influential in the global economic network and that Japan has become less influential following the Asian currency crisis.

Revitalising primary healthcare requires an equitable global economic system - now more than ever.

Science.gov (United States)

Sanders, David; Baum, Fran E; Benos, Alexis; Legge, David

2011-08-01

The promised revitalisation of primary healthcare (PHC) is happening at a time when the contradictions and unfairness of the global economic system have become clear, suggesting that the current system is unsustainable. In the past two decades, one of the most significant impediments to the implementation of comprehensive PHC has been neoliberal economic policies and their imposition globally. This article questions what will be required for PHC to flourish. PHC incorporates five key principles: equitable provision of services, comprehensive care, intersectoral action, community involvement and appropriate technology. This article considers intersectoral action and comprehensiveness and their potential to be implemented in the current global environment. It highlights the constraints to intersectoral action through a case study of nutrition in the context of globalisation of the food chain. It also explores the challenges to implementing a comprehensive approach to health that are posed by neoliberal health sector reforms and donor practices. The paper concludes that even well-designed health systems based on PHC have little influence over the broader economic forces that shape their operation and their ability to improve health. Reforming these economic forces will require greater regulation of the national and global economic environment to emphasise people's health rather than private profit, and action to address climate change. Revitalisation of PHC and progress towards health equity are unlikely without strong regulation of the market. The further development and strengthening of social movements for health will be key to successful advocacy action.

The Economic Crisis and Several Effects on Global Economy

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Florina BRAN

2011-01-01

Full Text Available The main mechanism of profit making is not production according to the outcomes of several analyses of the current economic crisis. This mechanism is circulation and exchange. Starting with this observation the paper goes through a number of aspects regarding the relation between crisis and economy at global level. These aspects consist in the recent financial turmoil; who pays for the crisis; stabilizing the financial sector; recession and the financial crisis; the internationalization of the crisis; commodities and the ecological crisis; an end to neo-liberalism; what should socialists demand. We notice and comment on how important current development in the wake of the banking crisis is for the transmission of that crisis to the rest of the economy and its interaction with the more general economic crisis now emerging. It was concluded that there are good chances that the current economic order to be broken. The future shape of the order will depend more on vision of managers than on the influence of the so called objective factors.

Broadband adoption, digital divide, and the global economic competitiveness of Western Balkan countries

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Mitrović Đorđe

2015-01-01

Full Text Available The existing variation in economic performance between countries is significantly affected by the level, diffusion, and use of different types of information and communication technology. In the last several years economic competitiveness increasingly depends on broadband availability and the adoption, use, and speed of this technology. Broadband access to the internet fosters economic growth and development and increases a country’s global competitiveness. This technology could have a big impact on the competitive advantage of Western Balkan countries because they currently experience a large digital divide, both within countries (between regions, urban and rural areas, different vulnerable groups, etc. and with EU countries. The purpose of the paper is to analyse the current level and dynamics of the digital divide in Western Balkan countries using the Broadband Achievement Index (BAI, the Data Envelopment Analysis (DEA-based model, the Global Competitiveness Index (GCI, the Corruption Perception Index (CPI, and cross-country methodology. This paper measures and compares Western Balkan countries’ current level of broadband adoption and their position on the evolutionary path towards closing the existing economic and digital gap with EU countries. Comparative analysis of calculated BAI data values, GCI, and CPI shows that Western Balkan countries belong to the ‘laggard’ group regarding their broadband achievement and global economic competitiveness. The values of the calculated BAI sub-indexes in this paper indicate the strong and weak sides of the corresponding aspects of broadband technology implementation and give directions for setting further priorities for political intervention, not only in the building of information society but also in the improvement of the economic competitiveness of Western Balkan countries.

Global Ethics Applied: Global Ethics, Economic Ethics

OpenAIRE

Stückelberger, Christoph

2016-01-01

Global Ethics Applied’ in four volumes is a reader of 88 selected articles from the author on 13 domains: Vol. 1 Global Ethics, Economic Ethics; Vol. 2 Environmental Ethics; Vol. 3 Development Ethics, Political Ethics, Dialogue and Peace Ethics, Innovation and Research Ethics, Information and Communication Ethics; Vol. 4 Bioethics and Medical Ethics, Family Ethics and Sexual Ethics, Leadership Ethics, Theological Ethics and Ecclesiology, Methods of Ethics. It concludes with the extended Bibli...

Globalization, Inequality & International Economic Law

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Frank J. Garcia

2017-04-01

Full Text Available International law in general, and international economic law in particular, to the extent that either has focused on the issue of inequality, has done so in terms of inequality between states. Largely overlooked has been the topic of inequality within states and how international law has influenced that reality. From the perspective of international economic law, the inequality issue is closely entwined with the topics of colonialism and post-colonialism, the proper meaning of development, and globalization. While international economic law has undoubtedly contributed to the rise of inequality, it is now vital that the subject of international economic law be examined for how it may contribute to the lessening of inequality. To do so will require a shift in the way that we think, in order to address inequality as a problem of an emerging global market society, and how best to regulate that society and its institutions.

Recent Topical Research on Global, Energy, Health & Medical, and Tourism Economics, and Global Software

NARCIS (Netherlands)

C-L. Chang (Chia-Lin); M.J. McAleer (Michael)

2017-01-01

textabstractThe paper presents an overview of recent topical research on global, energy, health & medical, and tourism economics, and global software. We have interpreted “global” in the title of the Journal of Reviews on Global Economics to cover contributions that have a global impact on

GLOBAL CRISIS: SEARCHING THE ORIGINS BY BUSINESS ECONOMICS

OpenAIRE

POLLIFRONI Massimo

2012-01-01

Aim and topic of the paper is to research the causes of the current global crisis, which manifests itself in financial terms, but whose origin is due to the ethical model of reference: the question is evident both in macroeconomics and in Business Economics. Just from this last point of view, the article will attempt to highlight what should be the correct drivers of ethical management for companies oriented towards an internationalization of their business.

The Current Global Financial Crisis 2008-2012

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Albulena Shala

2013-12-01

Full Text Available The current global financial crisis is considered as one of the biggest crises after the crisis of the years of 30’s. The global financial crisis has affected all countries including developed and developing ones. It also has affected all the industries. Population with the low-income faced the greatest consequences. The last hope for the survival of the market economy was to undertake important steps for the nationalization of bankrupted banks and companies, thereby developing policies for the preservation of jobs. Through this analysis, we have included briefly some of the development followed the period of 2008 and onwards. A summary of statistics for some important economic indicators such as employment, exporting and importing is covered in this study as well.

The global economic integration has no prospects without global currency

OpenAIRE

Sajnoski, Krste; Paceskoski, Vlatko; Davcev, Ljupco

2013-01-01

After getting out of the recession as it is, into which the developed countries have fallen, the continuation of the processes of global economic integration becomes a priority task of the contemporary international economic relations. For its accomplishment, there has to be stopped the sharpening of global imbalances, it has to be ceased the taking of protectionist measures in relation to the competing economies, to be eliminated the danger of carrying out competing devaluations of national ...

The Economic Theory and the Global Crisis, between Theoretical Solutions and the Economic Reality

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Nicolae MOROIANU

2011-06-01

Full Text Available This work aims to study the evolution of the global crisis and its impact on various areas worldwide, as well as its impact on certain decisions which have been implemented by the authorized bodies.The general framework of this analysis starts with a short review of the relevant economic movements and trends; it continues with presenting the potential solutions aimed to overcome the dark period which is currently crossed by the contemporary economy.In the same time, the authors aim to highlight the impact of the monetary policies throughput the history on the real economy, until the current period.

Globalization, capital market and economic development in Nigeria

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Olanrewaju Adewole Adediran

2015-01-01

Full Text Available This article examines the economic integration caused by globalization and effect of capital market in Nigeria context. It establishes the type of relationship and level of significance of globalization and capital market on the economic development. Globalization concept is framed as import plus export divided by growth ratio. The capital market was determined in terms of proxy (by GDP by price index. The growth ratio assessed the level of development using econometric model. The results suggest that sound economic reform and financial policies are necessary to achieve sustainable development in Nigeria. However, there is need to increase exports, reduce imports and control exchange rate for Nigeria to achieve sustainable economic development.

Argument in the greenhouse. The international economics of controlling global warming

International Nuclear Information System (INIS)

Mabey, N.; Hall, S.; Smith, C.; Gupta, S.

1997-01-01

This book adds a significant new contribution to the crucial climate change/global warming debate. Incorporating the key political and legal considerations into 'real world' applied economic analysis, the authors provide a unique focus on the wider political economy of the problem. All the key issues of controlling climate change (costs, timing and degree of stabilisation, ecological tax reform, developing countries, and evolution of international agreements), are placed firmly within the current legal and political economy context, with state-of-the art economic techniques introduced to analyse different policy proposals. Covering both the developing and developed world, this book identifies important new policies to foster effective agreements on emissions and prevent global warming - realistic policies, likely to receive support at both international and domestic levels. (Author)

Global economic processes and Ukraine

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Svitlana Radzievska

2014-02-01

Full Text Available The paper presents main trends in global economic development and impact thereof on Ukraine. A characteristic feature of the contemporary world is acceleration of globalization caused by achievements of the scientific and technological progress, which have provided technical means for successful overcoming the factors of time and space, whereby making the world more compact and ensuring the possibility of functioning as a single economic mechanism. Growing of opportunities for solving global problems is accompanied by aggravation of the latter such as: population growth, depletion of natural resources, deterioration of the environment, the mounting danger of climatic changes, potential failure to provide people with foods and potable water. Growth of social inequality in the world is also observed, as is increased differentiation of population by income level, which intensifies migration processes and thereby creates new problems related to coexistence of people belonging to different civilizations, cultures and value systems. An integral part of globalization is formation of regional associations which requires Ukraine to participate in this phase of globalization by means of becoming a member of a regional integration association with the purpose of improving its competitiveness and ensuring decent living for Ukrainian people under conditions of humanity functioning as a single planetary organism

The Imperative for Improved Global Economic Coordination

OpenAIRE

Stiglitz, Joseph E.

2009-01-01

While global coordination is absolutely essential, success in achieving it may prove difficult because economic globalization has outpaced political globalization. If we are to succeed, we will have to manage coordination better than we have in the past.

Recent topical research on global, energy, health & medical, and tourism economics, and global software: An overview

NARCIS (Netherlands)

C-L. Chang (Chia-Lin); M.J. McAleer (Michael)

2017-01-01

textabstractThe paper presents an overview of recent topical research on global, energy, health & medical, and tourism economics, and global software. We have interpreted "global" in the title of the Journal of Reviews on Global Economics to cover contributions that have a global impact on

The Relational Concurrence of Global Warming and Economic ...

African Journals Online (AJOL)

An attempt has been made to examine the concurrent relationship between global warming and economic development focusing on the danger it inheres in developing countries. To achieve this, the paper commenced with the conceptualization of global warming and economic development, the natural and human causes ...

The socio-economic dimension of modern globalization

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Svitlana Sidenko

2004-02-01

Full Text Available This article analyzes the views of eminent analysts on the driving forces of and explanations for economic globalization today. It examines the main characteristics of this process, such as the growth of world trade, the increased mobility of financial capital, the growing role of transnational corporations and the development of network technologies and the internet. The author analyzes the positive impact of globalization on the development of productive forces and human development. Problems arising from the growing interdependence of a globalized world, such as environmental issues, security, increased worldwide disparity of socio-economic development of countries and regions, are also examined. In conclusion, the author voices the need for establishing a system of global management.

Economic globalization plus cosmopolitanism?

NARCIS (Netherlands)

Went, R.

2004-01-01

Since the mid-1970s sales, finance and production (i.e. all three circuits of capital), as well as the concentration and centralization of capital, have been internationalized to an extent that has never been seen before in history. This unprecedented economic globalization has been accompanied by

The Emphasis of Negative Journalism in the Economic Communication, one of the Consequences of the Global Economic Crisis

OpenAIRE

Stefan VLADUTESCU

2012-01-01

(a) Purpose. Triggered around year 2005, the current economic and financial crisis has gained a global character. The purpose of this study is to investigate the impact of the crisis upon journalistic communication of financial and economic profile. b) The collection of basic information. As the main premise,it has been noted that in a natural way, there is a "negative journalism", a journalism based on persuasion. In addition it has been noted as a second premise, the existence of the financ...

GLOBALIZATION AS A POLITICAL, ECONOMIC AND SOCIAL PHENOMENON

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María Victoria Flores Trujillo

2016-07-01

Full Text Available Globalization is defined as a process that integrates knowledge worldwide, has its historical reference on changes in the ways processes, methods and information are addressed; documented its inception in the late twentieth century, Castells, M. (2001 beyond the discrepancy about whether it is a product of technological development or an inevitable evolution of capitalism, research arises from the formulation of the following questions: How important is the study of globalization ?, What has produced important contributions in the scientific community about globalization? And What are the perspectives or approaches addressed? . This work aims to show how the scientific community has produced knowledge about this phenomenon addressing the political, economic and social approaches: From the economic point of view reconfigures how to address the processes of production, distribution and consumption of goods and services in the world, permeating this way all international economic events. From the political point of view, besides the redistribution of emerging geopolitical blocs, it establishes a new category of state, transnational state. From the social point of view, it shows evidence of the negative effects of globalization on resizing the category personal, local or regional or even in global risk-Global group. The research is documentary literature, their contribution to social science evidence to characterize globalization as political, economic and social phenomenon of the century that permeates all areas of study applied.

„STABILITY AND GROWTH PACT, COMMUNITY DOCUMENT „REVIVED” IN THE CURRENT GLOBAL ECONOMIC CRISIS”

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ROXANA-DANIELA PAUN

2011-04-01

Full Text Available The article proposes to make a reasoned radiography Stability and Growth Pact, EU document revived therefore need to strengthen financial discipline and budget 6 to 7 September 2010 meeting of the Economic and Financial Affairs Council (ECOFIN. He talked about the introduction of the Stability and Growth in a 'European quarter' which will be monitored in structural and fiscal policies of the Member States. He also held a first exchange of views about the possible introduction of a levy on banks and a tax on financial transactions. Thus, the European Union has moved to create the world's first supranational system of control over the financial markets, particularly in order to reduce the risk of global financial crisis. The system will act in early 2011. For the first time in history, European financial control agencies will have more seats than national governments. In addition, the European Central Bank will see a branch that will track the emergence of crisis risk.The financial crisis has diminished the EU's growth potential, and made it clear just how interdependent its members' economies are, particularly inside the eurozone. The most important priority now is to restore growth and create effective mechanisms for regulating financial markets - in Europe and internationally. In strengthening its system of economic governance, Europe must learn from previous shortcomings which have put the financial stability of the whole eurozone at risk:- poor observance of the EU's sound rules and procedures for economic policy coordination- insufficient reduction in public debt during the good times – with peer pressure proving an adequate incentive- failure to deal effectively with the build-up of macroeconomic imbalances - despite the Commission's warnings – resulting in high current account deficits, large external indebtedness and high public debt levels in a number of countries (above the official 60% limit for eurozone countries. Greater economic

Global Employment and Economic Justice: The Policy Challenge. Worldwatch Paper 28.

Science.gov (United States)

Newland, Kathleen

Employment potential in developed and developing nations is analyzed from an economic viewpoint. Estimates by the International Labor Office are that the global labor force will grow by about 900 million people from 1980 to 2000. It is projected that these 900 million people will join the current labor force including approximately 50 million…

Global patterns of current and future road infrastructure

Science.gov (United States)

Meijer, Johan R.; Huijbregts, Mark A. J.; Schotten, Kees C. G. J.; Schipper, Aafke M.

2018-06-01

Georeferenced information on road infrastructure is essential for spatial planning, socio-economic assessments and environmental impact analyses. Yet current global road maps are typically outdated or characterized by spatial bias in coverage. In the Global Roads Inventory Project we gathered, harmonized and integrated nearly 60 geospatial datasets on road infrastructure into a global roads dataset. The resulting dataset covers 222 countries and includes over 21 million km of roads, which is two to three times the total length in the currently best available country-based global roads datasets. We then related total road length per country to country area, population density, GDP and OECD membership, resulting in a regression model with adjusted R 2 of 0.90, and found that that the highest road densities are associated with densely populated and wealthier countries. Applying our regression model to future population densities and GDP estimates from the Shared Socioeconomic Pathway (SSP) scenarios, we obtained a tentative estimate of 3.0–4.7 million km additional road length for the year 2050. Large increases in road length were projected for developing nations in some of the world’s last remaining wilderness areas, such as the Amazon, the Congo basin and New Guinea. This highlights the need for accurate spatial road datasets to underpin strategic spatial planning in order to reduce the impacts of roads in remaining pristine ecosystems.

Global warming and economic growth

International Nuclear Information System (INIS)

Gonand, Frederic

2015-01-01

The macro-economic impacts of climate change and of policies to reduce carbon content should be moderate on a global basis for the planet - a few hundredths of a % of world GDP on an annual basis, but significant for some regions (Asia-Pacific notably). The probability of extreme climatic events justifies with effect from today the implementation of measures that will carry a cost in order to limit global warming. (author)

Global Drought Proportional Economic Loss Risk Deciles

Data.gov (United States)

National Aeronautics and Space Administration — Global Drought Proportional Economic Loss Risk Deciles is a 2.5 minute grid of drought hazard economic loss as proportions of Gross Domestic Product (GDP) per...

Eurasian Economic Union Foundation : Issues of Global Regionalization

OpenAIRE

Lagutina, Maria

2014-01-01

This paper is devoted to the theoretical conceptualization of political-economic processes within the Eurasian Economic Union. The author elaborates on this project within the framework of “global regionalization” and regards it as a fledging “global region.” In this paper, the European Union is analyzed as a model of the existing global region. The Eurasian region also has its own specific traits and experience of post-Soviet integration. The article argues that for successful Eurasian integ...

Globalization and economic growth: empirical evidence on the role of complementarities.

Science.gov (United States)

Samimi, Parisa; Jenatabadi, Hashem Salarzadeh

2014-01-01

This study was carried out to investigate the effect of economic globalization on economic growth in OIC countries. Furthermore, the study examined the effect of complementary policies on the growth effect of globalization. It also investigated whether the growth effect of globalization depends on the income level of countries. Utilizing the generalized method of moments (GMM) estimator within the framework of a dynamic panel data approach, we provide evidence which suggests that economic globalization has statistically significant impact on economic growth in OIC countries. The results indicate that this positive effect is increased in the countries with better-educated workers and well-developed financial systems. Our finding shows that the effect of economic globalization also depends on the country's level of income. High and middle-income countries benefit from globalization whereas low-income countries do not gain from it. In fact, the countries should receive the appropriate income level to be benefited from globalization. Economic globalization not only directly promotes growth but also indirectly does so via complementary reforms.

Globalization and economic growth: empirical evidence on the role of complementarities.

Directory of Open Access Journals (Sweden)

Parisa Samimi

Full Text Available This study was carried out to investigate the effect of economic globalization on economic growth in OIC countries. Furthermore, the study examined the effect of complementary policies on the growth effect of globalization. It also investigated whether the growth effect of globalization depends on the income level of countries. Utilizing the generalized method of moments (GMM estimator within the framework of a dynamic panel data approach, we provide evidence which suggests that economic globalization has statistically significant impact on economic growth in OIC countries. The results indicate that this positive effect is increased in the countries with better-educated workers and well-developed financial systems. Our finding shows that the effect of economic globalization also depends on the country's level of income. High and middle-income countries benefit from globalization whereas low-income countries do not gain from it. In fact, the countries should receive the appropriate income level to be benefited from globalization. Economic globalization not only directly promotes growth but also indirectly does so via complementary reforms.

The Integrative Dimension of the Economic Globalization in European Space

Directory of Open Access Journals (Sweden)

Daniela Mariana Alexandrache

2010-06-01

Full Text Available We believe that globalization and its socio-economic implications of the world and world economic crisis is one of the most debated issues from several years. The publication "The Economist’’ named globalization as the most used word of the century. The most relevant dimension of globalization is the economy with the more dynamic factors: technological development, the hegemony of liberal conceptions (closely linked to the triumph of the ideology of market economy and explosive development of countries or regions. Economic globalization has manifested a series of visible effects such as: the emergence of new markets and foreign trade (interconnected at global level, the appearance of: transnational companies, multilateral agreements on trade, broadening the scope of WTO, transformation of multinational companies in transnational companies and the emergence of global economic markets. Regionally, we noticed that the trendof concentration of economic activity is more pronounced and advanced in the European continent. Expanding globalization in Europe was achieved because of the fall of communism, and the neoliberal reformation which took place in Western European countries. Events like the fall of the Berlin Wall, followed by the fall of communism eradicated many political, economic, religious or cultural barriers. There were born new relations between state and market, public and private. European Union is, in our view, a regional office ofglobalization, representing the best performing integrative system in the world (by creating free trade area, customs union, common market, the Economic and Monetary Union. In terms of the European Commission,European model is a third way towards globalization, a middle path between protectionism and uncontrolled economy. To understand why the EU is an advanced approximation of globalization, perhaps a regional model of globalization, we must first understand the link between globalization and regional

IT Investment Guidelines in Taiwan's IT Industry under a Global Economic Downturn

Science.gov (United States)

Cha, Un Un

2011-01-01

The current qualitative phenomenological study focused on how information technology (IT) leaders managed IT investment during the global economic downturn in the Taiwan IT industry. Organizations around the world spend billions of dollars on IT-related products and services every year. Determining an effective IT investment plan is a complex task…

Global economic crisis and Africa's economic performance | Ekpo ...

African Journals Online (AJOL)

It is generally acknowledged that African economies were able to withstand the 2007/2008 global economic crisis because of better macroeconomic management. Macroeconomic fundamentals, such as growth, rate of inflation and deficit/GDP ratio, among others, appear to move in the right direction during and after the ...

Competitiveness in the global economic crisis

Directory of Open Access Journals (Sweden)

Gheorghe Popescu

2009-05-01

Full Text Available The first challenge is to analyze the concept of "competitiveness" given the fact that in the centre of the great economic analystes' concerns lays from some time the phenomenon of competitiveness, along with the generation of competitive advantage at the organization level and, moreover, at country level. The economic science will have to be rethought, meaning that competitiveness will have to adapt to the new prospects launched today by the global economic crisis.

Rapid estimation of the economic consequences of global earthquakes

Science.gov (United States)

Jaiswal, Kishor; Wald, David J.

2011-01-01

to reduce this time gap to more rapidly and effectively mobilize response. We present here a procedure to rapidly and approximately ascertain the economic impact immediately following a large earthquake anywhere in the world. In principle, the approach presented is similar to the empirical fatality estimation methodology proposed and implemented by Jaiswal and others (2009). In order to estimate economic losses, we need an assessment of the economic exposure at various levels of shaking intensity. The economic value of all the physical assets exposed at different locations in a given area is generally not known and extremely difficult to compile at a global scale. In the absence of such a dataset, we first estimate the total Gross Domestic Product (GDP) exposed at each shaking intensity by multiplying the per-capita GDP of the country by the total population exposed at that shaking intensity level. We then scale the total GDP estimated at each intensity by an exposure correction factor, which is a multiplying factor to account for the disparity between wealth and/or economic assets to the annual GDP. The economic exposure obtained using this procedure is thus a proxy estimate for the economic value of the actual inventory that is exposed to the earthquake. The economic loss ratio, defined in terms of a country-specific lognormal cumulative distribution function of shaking intensity, is derived and calibrated against the losses from past earthquakes. This report describes the development of a country or region-specific economic loss ratio model using economic loss data available for global earthquakes from 1980 to 2007. The proposed model is a potential candidate for directly estimating economic losses within the currently-operating PAGER system. PAGER's other loss models use indirect methods that require substantially more data (such as building/asset inventories, vulnerabilities, and the asset values exposed at the time of earthquake) to implement on a global basis

Are Global Economic Losses from Natural Hazards Increasing?

Science.gov (United States)

McMullan, Caroline; Simic, Milan; Tosco, Antonello; Latchman, Shane

2016-04-01

Global society has long been influenced by natural hazards, but it has been widely noted that the economic cost of natural hazards has been rising rapidly over recent decades. This upward trend highlights the increasing exposure of the global economy to natural hazards and the need for society to understand the driving factors to help improve the resilience of communities. However disaster risk is driven by a plethora of factors, including population, wealth, land-use, and demographics. Consider also the natural variability in the frequency and severity of events, climate change, and implementation of resilience policies, and it becomes clear that disaster-risk management is a challenging field. To investigate the apparent upward trend in reported annual economic losses from natural disasters, socioeconomic factors known to influence the magnitude of losses must first be accounted for. Adjustment for these factors, known as loss normalisation, aims to estimate the losses sustained if historical events were to impact present day society. We have undertaken a detailed assessment of global economic losses from natural disasters for the period 1995 through 2013. Although the studied time-period is relatively short, expanding the investigated period would not necessarily produce more reliable insights owing to the inherent difficulty in obtaining accurate economic loss estimates for earlier periods and the challenge of finding consistent and reliable sources of socioeconomic data for the normalisation process. The results of the study, presented at a global and regional level, appear to suggest that the main driver of perceived increase in economic losses over the last ~20 years was the development of nations' economies (i.e. increase in population and wealth/GDP) and not in the natural hazards themselves. As populations all over the world migrate into areas of higher natural hazards regions (e.g. coastal areas or floodplain zones) and global wealth continues to

Global climate change: Social and economic research issues

International Nuclear Information System (INIS)

Rice, M.; Snow, J.; Jacobson, H.

1992-05-01

This workshop was designed to bring together a group of scholars, primarily from the social sciences, to explore research that might help in dealing with global climate change. To illustrate the state of present understanding, it seemed useful to focus this workshop on three broad questions that are involved in coping with climate change. These are: (1) How can the anticipated economic costs and benefits of climate change be identified; (2) How can the impacts of climate change be adjusted to or avoided; (3) What previously studied models are available for institutional management of the global environment? The resulting discussions may (1) identify worthwhile avenues for further social science research, (2) help develop feedback for natural scientists about research information from this domain needed by social scientists, and (3) provide policymakers with the sort of relevant research information from the social science community that is currently available

The economics of global warming

International Nuclear Information System (INIS)

Pillet, G.; Hediger, W.; Kypreos, S.; Corbaz, C.

1993-05-01

The global warming threat is challenging the world community to both international cooperation and national policy action. This report focuses on the necessity to alternate between ''global and national climate policies''. The Swiss perspective is at issue. The economic rationales for comparing national climate policy options are analyzed. This report explicitly focusses on the fundamental role of the normative framework and the related environmental-economic requisites for establishing an efficient national climate policy and computing a ''carbon tax''. Finally, the latest results of the energy and greenhouse gas scenarios for Switzerland, elaborated on within the network of the IEA/ETSAP Project, Annex IV, ''Greenhouse Gases and National Energy Options: Technologies and Costs for Reducing Emissions of Greenhouse Gases'', illustrate Switzerland's difficulties in reducing greenhouse gas emissions at ''reasonable cost'' compared with other countries. This should make Switzerland very sensitive to the implementation of efficient environmental-policy instruments and international cooperation. (author) figs., tabs., refs

Global land use change, economic globalization, and the looming land scarcity.

Science.gov (United States)

Lambin, Eric F; Meyfroidt, Patrick

2011-03-01

A central challenge for sustainability is how to preserve forest ecosystems and the services that they provide us while enhancing food production. This challenge for developing countries confronts the force of economic globalization, which seeks cropland that is shrinking in availability and triggers deforestation. Four mechanisms-the displacement, rebound, cascade, and remittance effects-that are amplified by economic globalization accelerate land conversion. A few developing countries have managed a land use transition over the recent decades that simultaneously increased their forest cover and agricultural production. These countries have relied on various mixes of agricultural intensification, land use zoning, forest protection, increased reliance on imported food and wood products, the creation of off-farm jobs, foreign capital investments, and remittances. Sound policies and innovations can therefore reconcile forest preservation with food production. Globalization can be harnessed to increase land use efficiency rather than leading to uncontrolled land use expansion. To do so, land systems should be understood and modeled as open systems with large flows of goods, people, and capital that connect local land use with global-scale factors.

Global land use change, economic globalization, and the looming land scarcity

Science.gov (United States)

Lambin, Eric F.; Meyfroidt, Patrick

2011-01-01

A central challenge for sustainability is how to preserve forest ecosystems and the services that they provide us while enhancing food production. This challenge for developing countries confronts the force of economic globalization, which seeks cropland that is shrinking in availability and triggers deforestation. Four mechanisms—the displacement, rebound, cascade, and remittance effects—that are amplified by economic globalization accelerate land conversion. A few developing countries have managed a land use transition over the recent decades that simultaneously increased their forest cover and agricultural production. These countries have relied on various mixes of agricultural intensification, land use zoning, forest protection, increased reliance on imported food and wood products, the creation of off-farm jobs, foreign capital investments, and remittances. Sound policies and innovations can therefore reconcile forest preservation with food production. Globalization can be harnessed to increase land use efficiency rather than leading to uncontrolled land use expansion. To do so, land systems should be understood and modeled as open systems with large flows of goods, people, and capital that connect local land use with global-scale factors. PMID:21321211

ECONOMIC SECURITY – NEW APPROACHES IN THE CONTEXT OF GLOBALIZATION

Directory of Open Access Journals (Sweden)

Gabriel ANDRUSEAC

2015-08-01

Full Text Available Nowadays, more than ever, economic relations between states are the ones that define the general character of the relations between them and establish economic security as a concept which cannot be neglected anymore. Globalization, the process that shapes the international environment, undermines the old definition of economic security and forces its redefinition. The article aims to identify and analyse the effects of globalization on economic security and the new approaches it takes in this context.

Effects of economic downturns on child mortality: a global economic analysis, 1981-2010.

Science.gov (United States)

Maruthappu, Mahiben; Watson, Robert A; Watkins, Johnathan; Zeltner, Thomas; Raine, Rosalind; Atun, Rifat

2017-01-01

To analyse how economic downturns affect child mortality both globally and among subgroups of countries of variable income levels. Retrospective observational study using economic data from the World Bank's Development Indicators and Global Development Finance (2013 edition). Child mortality data were sourced from the Institute for Health Metrics and Evaluation. Global. 204 countries between 1981 and 2010. Child mortality, controlling for country-specific differences in political, healthcare, cultural, structural, educational and economic factors. 197 countries experienced at least 1 economic downturn between 1981 and 2010, with a mean of 7.97 downturns per country (range 0-21; SD 0.45). At the global level, downturns were associated with significant (p<0.0001) deteriorations in each child mortality measure, in comparison with non-downturn years: neonatal (coefficient: 1.11, 95% CI 0.855 to 1.37), postneonatal (2.00, 95% CI 1.61 to 2.38), child (2.93, 95% CI 2.26 to 3.60) and under 5 years of age (5.44, 95% CI 4.31 to 6.58) mortality rates. Stronger (larger falls in the growth rate of gross domestic product/capita) and longer (lasting 2 years rather than 1) downturns were associated with larger significant deteriorations (p<0.001). During economic downturns, countries in the poorest quartile experienced ∼1½ times greater deterioration in neonatal mortality, compared with their own baseline; a 3-fold deterioration in postneonatal mortality; a 9-fold deterioration in child mortality and a 3-fold deterioration in under-5 mortality, than countries in the wealthiest quartile (p<0.0005). For 1-5 years after downturns ended, each mortality measure continued to display significant deteriorations (p<0.0001). Economic downturns occur frequently and are associated with significant deteriorations in child mortality, with worse declines in lower income countries.

Response of Land Use Planning in Less Developed Areas to Economic Globalization

OpenAIRE

Liu, Xiang-nan

2012-01-01

Under the background of economic globalization, the development mechanisms of various regions faces potential deep transformation, and the effective participation of less developed areas in China in economic globalization is of great significance to the sustainable development of Chinese economy and society. In this study, we summarized the characteristics and influences of economic globalization from the aspects of industrial recombination and transfer, competition, economic relevance and de...

ECONOMIC CRISES – GLOBAL AND LOCAL – IN REFLECTION OF POLISH PRESS

Directory of Open Access Journals (Sweden)

Krzysztof Gibek

2010-01-01

Full Text Available One of the sociological features of the current economic crises had been its beginning as a media fact rather than economic reality for ordinary people in Poland. Until the very end of 2008 the offi cial strategy of Polish government was denying of present of any economic crises in Poland: “The Polish economy as well as Polish banking system are used to be healthy and in good conditions and we will be suffer a little slow done because we are not an island”. Unfortunately it occurs not to be true.Based on discourse analysis of two major Polish daily and two weekly we would like to show the evolution of narrative describing crises in global terms and particularly at the domestic market. What was the picture of global crises at the beginning of this discussion, how it supposed to affect Poland, who serve as experts and opinion givers and finally how through the language we can observe the change from ‘slow down’ to ‘crises’? This are basic questions we would like to answer in our text.

The Effect of Economic and Cultural Globalization on Anti-U.S. Transnational Terrorism 1971–2000*

Directory of Open Access Journals (Sweden)

Omar Lizardo

2015-08-01

Full Text Available The events of 9/11 have rekindled interest in the social sciences concerning the global factors responsible for transnational terrorism. Two opposing frameworks currently dominate the scene: proponents of a “destructive globalization” approach argue that processes related to the transnationalization of capital produce native resistance in the more economically disadvantaged areas of the globe that is manifested as transnational terrorist attacks, especially against the U.S., “civilizing globalization” arguments point to precisely the opposite effect: economic globalization through the spread of markets and material goods brings with it prosperity and higher living standards, thus defusing the motivation to engage in high-risk political violence. In this paper, I propose an additional framework that goes beyond the narrow realism of the destructive globalization and civilizing globalization perspectives by examining the role of the globalization of world culture in theproduction of anti-u.s. terrorism. I argue that looking at the role of world cultural structuration is important because even though economic globalization may help create local grievances outside of the most economically advantaged areas of the world, cultural globalization provides the requisite models of individual and organizational action and the interpretive schemas that “empower” local actors with the constitutive capacity to engage in high-risk acts of political violence and allows them to make local/global connections. I test this framework using time-series world-level data in order to examine the global correlates of anti-u.s. terrorist activity for the last 30 years. The results provide mixed support for both civilizing globalization and destructive globalization viewpoints. Further, and in accord with the model proposed here, cultural globalization has a positive effect on the rate of anti-u.s. terrorist activity.

Global non-linear effect of temperature on economic production.

Science.gov (United States)

Burke, Marshall; Hsiang, Solomon M; Miguel, Edward

2015-11-12

Growing evidence demonstrates that climatic conditions can have a profound impact on the functioning of modern human societies, but effects on economic activity appear inconsistent. Fundamental productive elements of modern economies, such as workers and crops, exhibit highly non-linear responses to local temperature even in wealthy countries. In contrast, aggregate macroeconomic productivity of entire wealthy countries is reported not to respond to temperature, while poor countries respond only linearly. Resolving this conflict between micro and macro observations is critical to understanding the role of wealth in coupled human-natural systems and to anticipating the global impact of climate change. Here we unify these seemingly contradictory results by accounting for non-linearity at the macro scale. We show that overall economic productivity is non-linear in temperature for all countries, with productivity peaking at an annual average temperature of 13 °C and declining strongly at higher temperatures. The relationship is globally generalizable, unchanged since 1960, and apparent for agricultural and non-agricultural activity in both rich and poor countries. These results provide the first evidence that economic activity in all regions is coupled to the global climate and establish a new empirical foundation for modelling economic loss in response to climate change, with important implications. If future adaptation mimics past adaptation, unmitigated warming is expected to reshape the global economy by reducing average global incomes roughly 23% by 2100 and widening global income inequality, relative to scenarios without climate change. In contrast to prior estimates, expected global losses are approximately linear in global mean temperature, with median losses many times larger than leading models indicate.

Global non-linear effect of temperature on economic production

Science.gov (United States)

Burke, Marshall; Hsiang, Solomon M.; Miguel, Edward

2015-11-01

Growing evidence demonstrates that climatic conditions can have a profound impact on the functioning of modern human societies, but effects on economic activity appear inconsistent. Fundamental productive elements of modern economies, such as workers and crops, exhibit highly non-linear responses to local temperature even in wealthy countries. In contrast, aggregate macroeconomic productivity of entire wealthy countries is reported not to respond to temperature, while poor countries respond only linearly. Resolving this conflict between micro and macro observations is critical to understanding the role of wealth in coupled human-natural systems and to anticipating the global impact of climate change. Here we unify these seemingly contradictory results by accounting for non-linearity at the macro scale. We show that overall economic productivity is non-linear in temperature for all countries, with productivity peaking at an annual average temperature of 13 °C and declining strongly at higher temperatures. The relationship is globally generalizable, unchanged since 1960, and apparent for agricultural and non-agricultural activity in both rich and poor countries. These results provide the first evidence that economic activity in all regions is coupled to the global climate and establish a new empirical foundation for modelling economic loss in response to climate change, with important implications. If future adaptation mimics past adaptation, unmitigated warming is expected to reshape the global economy by reducing average global incomes roughly 23% by 2100 and widening global income inequality, relative to scenarios without climate change. In contrast to prior estimates, expected global losses are approximately linear in global mean temperature, with median losses many times larger than leading models indicate.

Reflections on the Dimensions of Population Characterization of CSR in Perspective in the Context of Global Economic Crisis

OpenAIRE

Popescu Manoela; Crenicean Cecilia Luminita

2010-01-01

Fashionable topic in recent years, CSR (Corporate Social Responsibility) has become an objective necessity in the current global context, the global economic crisis. Moreover, the European Union, interested in CSR, we consider a means by which any economic system may become the most competitive and dynamic world. Of course, this goal is possible if the CSR is perceived as beneficial to the public. Also, states and international institutions have developed a series of standards aimed at human ...

Global climate change: Social and economic research issues

Energy Technology Data Exchange (ETDEWEB)

Rice, M.; Snow, J.; Jacobson, H. [eds.

1992-05-01

This workshop was designed to bring together a group of scholars, primarily from the social sciences, to explore research that might help in dealing with global climate change. To illustrate the state of present understanding, it seemed useful to focus this workshop on three broad questions that are involved in coping with climate change. These are: (1) How can the anticipated economic costs and benefits of climate change be identified; (2) How can the impacts of climate change be adjusted to or avoided; (3) What previously studied models are available for institutional management of the global environment? The resulting discussions may (1) identify worthwhile avenues for further social science research, (2) help develop feedback for natural scientists about research information from this domain needed by social scientists, and (3) provide policymakers with the sort of relevant research information from the social science community that is currently available. Individual papers are processed separately for the database.

Global wind power development: Economics and policies

International Nuclear Information System (INIS)

Timilsina, Govinda R.; Cornelis van Kooten, G.; Narbel, Patrick A.

2013-01-01

Existing literature indicates that theoretically, the earth's wind energy supply potential significantly exceeds global energy demand. Yet, only 2–3% of global electricity demand is currently derived from wind power despite 27% annual growth in wind generating capacity over the last 17 years. More than 95% of total current wind power capacity is installed in the developed countries plus China and India. Our analysis shows that the economic competitiveness of wind power varies at wider range across countries or locations. A climate change damage cost of US$20/tCO 2 imposed to fossil fuels would make onshore wind competitive to all fossil fuels for power generation; however, the same would not happen to offshore wind, with few exceptions, even if the damage cost is increased to US$100/tCO 2 . To overcome a large number of technical, financial, institutional, market and other barriers to wind power, many countries have employed various policy instruments, including capital subsidies, tax incentives, tradable energy certificates, feed-in tariffs, grid access guarantees and mandatory standards. Besides, climate change mitigation policies, such as the Clean Development Mechanism, have played a pivotal role in promoting wind power. Despite these policies, intermittency, the main technical constraint, could remain as the major challenge to the future growth of wind power. - Highlights: • Global wind energy potential is enormous, yet the wind energy contribution is very small. • Existing policies are boosting development of wind power. • Costs of wind energy are higher than cost of fossil-based energies. • Reasonable premiums for climate change mitigation substantially promote wind power. • Intermittency is the key challenge to future development of wind power

Globalization: Economic and psychological aspects

Directory of Open Access Journals (Sweden)

Ljajić Samir

2016-01-01

Full Text Available Globalization requires a change of human identity, stepping out from the field of their own culture and its solutions, which are becoming obsolete, and which block one to fit in. It changes ones understanding, knowledge, morality, competence, which causes insecurity and fear. Quickly unwinding change reduces the ability to predict future which evokes fear and resistance to the arrival of foreigners and their capital and values, which are seen as intrusive and aggressive, and extreme reactions emerge. The idyllic image of global prosperity becomes the image of a global catastrophe. Individuals give in to this pressure and incidence of mental illnesses such as depression, substance abuse, suicide and murder, is rising. The authors conclude that psychology has its place in the study of the influence of globalization on humans. At present, the research of the negative consequences of globalization in general and the economic crisis in particular on man should have primacy, and in this regard preventive actions should be developed in order to avoid deeper disorders in future.

Global economic governance | IDRC - International Development ...

International Development Research Centre (IDRC) Digital Library (Canada)

2011-01-06

Jan 6, 2011 ... In fragile political and economic environments, financial systems already are prone to ... Instability in one country can provoke instability in others, and when this .... Recognition that financial stability is a global public good has ...

Approaches to Refining Estimates of Global Burden and Economics of Dengue

Science.gov (United States)

Shepard, Donald S.; Undurraga, Eduardo A.; Betancourt-Cravioto, Miguel; Guzmán, María G.; Halstead, Scott B.; Harris, Eva; Mudin, Rose Nani; Murray, Kristy O.; Tapia-Conyer, Roberto; Gubler, Duane J.

2014-01-01

Dengue presents a formidable and growing global economic and disease burden, with around half the world's population estimated to be at risk of infection. There is wide variation and substantial uncertainty in current estimates of dengue disease burden and, consequently, on economic burden estimates. Dengue disease varies across time, geography and persons affected. Variations in the transmission of four different viruses and interactions among vector density and host's immune status, age, pre-existing medical conditions, all contribute to the disease's complexity. This systematic review aims to identify and examine estimates of dengue disease burden and costs, discuss major sources of uncertainty, and suggest next steps to improve estimates. Economic analysis of dengue is mainly concerned with costs of illness, particularly in estimating total episodes of symptomatic dengue. However, national dengue disease reporting systems show a great diversity in design and implementation, hindering accurate global estimates of dengue episodes and country comparisons. A combination of immediate, short-, and long-term strategies could substantially improve estimates of disease and, consequently, of economic burden of dengue. Suggestions for immediate implementation include refining analysis of currently available data to adjust reported episodes and expanding data collection in empirical studies, such as documenting the number of ambulatory visits before and after hospitalization and including breakdowns by age. Short-term recommendations include merging multiple data sources, such as cohort and surveillance data to evaluate the accuracy of reporting rates (by health sector, treatment, severity, etc.), and using covariates to extrapolate dengue incidence to locations with no or limited reporting. Long-term efforts aim at strengthening capacity to document dengue transmission using serological methods to systematically analyze and relate to epidemiologic data. As promising tools

The impact of globalization on economic conditions: empirical evidence from the Mena region

Directory of Open Access Journals (Sweden)

Marwa A. Elsherif

2016-03-01

Full Text Available The Middle East and North Africa (MENA is an economically diverse region that includes countries with a common heritage, at various stages of economic development, with vastly different endowment of natural resources and accounts for 6% of the world total population. Despite undertaking economic reforms in many countries, and having considerable success in achieving macroeconomic stability, the region's economic performance in the past 30 years has been below its potential. Some countries that pursued reforms, such as Egypt, Jordan, Morocco, and Tunisia, enjoyed the region's most rapid growth rates, but due to the political instability and turbulences they are still lagged behind. The purpose of this study is to empirically investigate the impact of globalization in MENA region on the economic performances. This study uses a panel data covers the period 2001–2014 for Gulf Cooperation Council (GCC and non- Gulf Cooperation Council (non-GCC MENA countries and employs Generalized Method of Moments (GMM approach. Results indicate that Globalization is negatively affecting economic conditions in non-GCC and it has no significant effect on non-GCC. This study suggests better policy coordination at all level of government to integrate social, economic and political policies as well all to improve transparency and democratic participation. The paper is outlined as follows- following the introduction, section two reviews the current economic conditions in MENA countries, section three discusses data and methodology, section four presents’ results and interpretation of findings, section five provides conclusions and recommendations.

GLOBAL ECONOMIC MELTDOWN AND THE NIGERIAN ...

African Journals Online (AJOL)

global financial meltdown, marked by the collapse of hitherto revered and great financial ... Indeed it is an integral part of a market (capitalist) economy. .... competitively in economic production, so also is the deficit in its trade with the rest of the.

Global Marine Fisheries with Economic Growth

OpenAIRE

Sugiawan, Yogi; Islam, Moinul; Managi, Shunsuke

2017-01-01

This study explores the state of global marine fisheries and empirically analyzes its relationship to economic factors. We apply the pooled mean group estimator method to examine 70 fishing countries for the period of 1961-2010. We use both catch and the estimated size of stock as proxies for marine ecosystems. Our results confirm that economic growth initially leads to the deterioration of marine ecosystems. However, for a per capita income level of approximately 3,827 USD for the catch mode...

Global economic trade-offs between wild nature and tropical agriculture.

Science.gov (United States)

Carrasco, Luis R; Webb, Edward L; Symes, William S; Koh, Lian P; Sodhi, Navjot S

2017-07-01

Global demands for agricultural and forestry products provide economic incentives for deforestation across the tropics. Much of this deforestation occurs with a lack of information on the spatial distribution of benefits and costs of deforestation. To inform global sustainable land-use policies, we combine geographic information systems (GIS) with a meta-analysis of ecosystem services (ES) studies to perform a spatially explicit analysis of the trade-offs between agricultural benefits, carbon emissions, and losses of multiple ecosystem services because of tropical deforestation from 2000 to 2012. Even though the value of ecosystem services presents large inherent uncertainties, we find a pattern supporting the argument that the externalities of destroying tropical forests are greater than the current direct economic benefits derived from agriculture in all cases bar one: when yield and rent potentials of high-value crops could be realized in the future. Our analysis identifies the Atlantic Forest, areas around the Gulf of Guinea, and Thailand as areas where agricultural conversion appears economically efficient, indicating a major impediment to the long-term financial sustainability of Reducing Emissions from Deforestation and forest Degradation (REDD+) schemes in those countries. By contrast, Latin America, insular Southeast Asia, and Madagascar present areas with low agricultural rents (ARs) and high values in carbon stocks and ES, suggesting that they are economically viable conservation targets. Our study helps identify optimal areas for conservation and agriculture together with their associated uncertainties, which could enhance the efficiency and sustainability of pantropical land-use policies and help direct future research efforts.

Economic optimization of a global strategy to address the pandemic threat.

Science.gov (United States)

Pike, Jamison; Bogich, Tiffany; Elwood, Sarah; Finnoff, David C; Daszak, Peter

2014-12-30

Emerging pandemics threaten global health and economies and are increasing in frequency. Globally coordinated strategies to combat pandemics, similar to current strategies that address climate change, are largely adaptive, in that they attempt to reduce the impact of a pathogen after it has emerged. However, like climate change, mitigation strategies have been developed that include programs to reduce the underlying drivers of pandemics, particularly animal-to-human disease transmission. Here, we use real options economic modeling of current globally coordinated adaptation strategies for pandemic prevention. We show that they would be optimally implemented within 27 y to reduce the annual rise of emerging infectious disease events by 50% at an estimated one-time cost of approximately $343.7 billion. We then analyze World Bank data on multilateral "One Health" pandemic mitigation programs. We find that, because most pandemics have animal origins, mitigation is a more cost-effective policy than business-as-usual adaptation programs, saving between $344.0.7 billion and $360.3 billion over the next 100 y if implemented today. We conclude that globally coordinated pandemic prevention policies need to be enacted urgently to be optimally effective and that strategies to mitigate pandemics by reducing the impact of their underlying drivers are likely to be more effective than business as usual.

Global economic activity and crude oil prices. A cointegration analysis

International Nuclear Information System (INIS)

He, Yanan; Wang, Shouyang; Lai, Kin Keung

2010-01-01

This paper empirically investigates the cointegrating relationship between crude oil prices and global economic activity. The Kilian economic index is used as an indicator of global economic activity. Based on a supply-demand framework and the cointegration theory, we find that real futures prices of crude oil are cointegrated with the Kilian economic index and a trade weighted US dollar index, and crude oil prices are influenced significantly by fluctuations in the Kilian economic index through both long-run equilibrium conditions and short-run impacts. We also develop an empirically stable, data-coherent and single-equation error-correction model (ECM) which has sensible economic properties. Empirical results based on the ECM show that the adjustment implied by a permanent change in the Kilian economic index is a relatively drawn-out process. (author)

Global Economic Governance Reform and the Roleof Asia: Opportunities Offered by the G20

Directory of Open Access Journals (Sweden)

Yoon Je Cho

2012-03-01

Full Text Available The recent global financial crisis has highlighted the importance of international monetary and financial system reform. The current system is deemed to be no longer adequate to meet the needs of a complex, integrated world economy. With regards to the reform of the international monetary system, there have been various proposals both in demand and supply sides. These include proposals to build a stronger global financial safety net, to diversify the supply of international reserve currency and so on. These proposals face trade-offs between desirability and political feasibility. Given this situation, a practical transition would be to strengthen policy coordination among the major economies and to reform the International Monetary Fund. The success on both fronts depends heavily on global economic governance reform and the role of the G20. Increased status and representation of Asian countries in the G20 give both privileges and responsibilities to Asians. To meet these responsibilities, Asians should put forth greater efforts to develop their intellectual leadership in global economic issues through creating new forum and institutions.

An assessement of global energy resource economic potentials

International Nuclear Information System (INIS)

Mercure, Jean-François; Salas, Pablo

2012-01-01

This paper presents an assessment of global economic energy potentials for all major natural energy resources. This work is based on both an extensive literature review and calculations using natural resource assessment data. Economic potentials are presented in the form of cost-supply curves, in terms of energy flows for renewable energy sources, or fixed amounts for fossil and nuclear resources, with strong emphasis on uncertainty, using a consistent methodology that allow direct comparisons to be made. In order to interpolate through available resource assessment data and associated uncertainty, a theoretical framework and a computational methodology are given based on statistical properties of different types of resources, justified empirically by the data, and used throughout. This work aims to provide a global database for natural energy resources ready to integrate into models of energy systems, enabling to introduce at the same time uncertainty over natural resource assessments. The supplementary material provides theoretical details and tables of data and parameters that enable this extensive database to be adapted to a variety of energy systems modelling frameworks. -- Highlights: ► Global energy potentials for all major energy resources are reported. ► Theory and methodology for calculating economic energy potentials is given. ► An uncertainty analysis for all energy economic potentials is carried out.

Effects of economic downturns on child mortality: a global economic analysis, 1981–2010

Science.gov (United States)

Maruthappu, Mahiben; Watson, Robert A; Watkins, Johnathan; Zeltner, Thomas; Raine, Rosalind; Atun, Rifat

2017-01-01

Objectives To analyse how economic downturns affect child mortality both globally and among subgroups of countries of variable income levels. Design Retrospective observational study using economic data from the World Bank's Development Indicators and Global Development Finance (2013 edition). Child mortality data were sourced from the Institute for Health Metrics and Evaluation. Setting Global. Participants 204 countries between 1981 and 2010. Main outcome measures Child mortality, controlling for country-specific differences in political, healthcare, cultural, structural, educational and economic factors. Results 197 countries experienced at least 1 economic downturn between 1981 and 2010, with a mean of 7.97 downturns per country (range 0–21; SD 0.45). At the global level, downturns were associated with significant (p<0.0001) deteriorations in each child mortality measure, in comparison with non-downturn years: neonatal (coefficient: 1.11, 95% CI 0.855 to 1.37), postneonatal (2.00, 95% CI 1.61 to 2.38), child (2.93, 95% CI 2.26 to 3.60) and under 5 years of age (5.44, 95% CI 4.31 to 6.58) mortality rates. Stronger (larger falls in the growth rate of gross domestic product/capita) and longer (lasting 2 years rather than 1) downturns were associated with larger significant deteriorations (p<0.001). During economic downturns, countries in the poorest quartile experienced ∼1½ times greater deterioration in neonatal mortality, compared with their own baseline; a 3-fold deterioration in postneonatal mortality; a 9-fold deterioration in child mortality and a 3-fold deterioration in under-5 mortality, than countries in the wealthiest quartile (p<0.0005). For 1–5 years after downturns ended, each mortality measure continued to display significant deteriorations (p<0.0001). Conclusions Economic downturns occur frequently and are associated with significant deteriorations in child mortality, with worse declines in lower income countries. PMID:28589010

Does globalization contribute to economic growth in developing ...

African Journals Online (AJOL)

This paper examines empirically whether or not globalization contributes to economic growth in developing countries, drawing empirical lessons from Nigeria. The globalization – growth link, is anchored on Husain Schematic representation, Solow model, and the new growth (endogenous growth) theory. The paper adopts ...

Influence of economic factors on future global emissions

International Nuclear Information System (INIS)

Duffey, R.B.; Poehnell, T.G.; Miller, A.I.; Tamm, J.A.

2001-01-01

The climate change debate is really about economics, and reducing greenhouse gas (GHG) emissions and climate change potential at a reasonable and acceptable cost for everyone. In this paper, we examine the major economic factors behind defining climate change policies that relate to reducing GHG emissions, and the value to be placed on CO 2 . We examine the impacts and the 'cost of carbon' based on the studies of GHG reduction strategies in the US and the European Union (EU). We show that a series of self-defeating assumptions have been used in the latest analyses regarding relative future energy and power costs, and hence future GHG emissions. We estimate: the 'natural value' of GHG emissions based on world economic factors, the value of electricity and energy based on world data, the cost advantage of using a given new technology, and the value of avoided GHG emissions in future global and national climate change projections. The use of electricity is shown to be key in aiding economic growth for the entire world. Using the latest Intergovernmental Panel on Climate Change (IPCC) 2000 climate change projections as a base, we reflect the impacts of differing energy prices on future global climate conditions and GHG reductions. We conduct a similar analysis for Canada using the latest 'Energy in Canada 2000' projections. We show how the use of advanced technology for the traditional production of electricity, and for hydrogen-based transportation fuels, can stabilize global emissions and assist in managing adverse climate change conditions without causing economic penalties. The method we develop is sufficiently general that it can be used for valuing the economic impact of the emission reductions for any technology. We estimate the embedded value and potential economic benefit of nuclear technology and electric contribution for both the world economy to 2100, and for the latest projections for Canada to 2020. (author)

Xenophobic Killings In South Africa And Economic Globalization ...

African Journals Online (AJOL)

Globalization entails the growing integration of economies and societies and sometimes referred to as economic globalization. It is the growth of worldwide networks of interdependence which include the large scale operation of finance and business in world scale irrespective of national borders. IFE Psychologia – Special ...

Is prophetic discourse adequate to address global economic justice?

African Journals Online (AJOL)

Test

2011-02-15

Feb 15, 2011 ... of moral discourse adequately addresses issues of economic injustice. ... plays an indispensable role in addressing issues of global economic justice, but ...... governance in their business practices, to provide a tool for a.

Strategies for Combating Global Economic Crisis in Nigeria through ...

African Journals Online (AJOL)

First Lady

2012-10-27

Oct 27, 2012 ... cash-productive; boosting the students interest I n science; and developing ... Global economic depression, according to Babalola and Tiamiyu (2009) ... help to overcome the problem of economic crisis in the country? 2.

THE INFLUENCE OF GLOBALIZATION ON ECONOMIC GROWTH IN ROMANIA

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PAUL BOGDAN ZAMFIR

2015-12-01

Full Text Available In this paper we propose to emphasize the structural changes involved by globalization process who generate a semnificative influence on the economic growth in Romania. Thus, on this background it is important to point out that even though the phenomenon of globalization represents manny opportunities for Romanian economic growth, nevertheles, our country must regard at the same time all the systemic risks that are involved in this process. From this perspective, an important role has the activity of romanian small and medium sized enterprises that through its specific creates jobs and contributes substantially to growth in Romania. In terms of risks, for our country is necessary to develop effective mechanisms of self-defense against involved economic dangers. Also, should not be ignored that the quality of European Union member offers for Romania a strong base and in the same time the chance to benefit from the positive effects of the single market and the opportunities offered by the global market. In this framework, Romanian economy is not exempted from stiff competition in the field of trade in goods and services from countries like China or India who succeed through competition, to "break down trade barriers" of economic blocs. More than that, Romanian high tech industry can take advantage for themselves from the positive effects of globalization process by penetrating on third country markets.

Economic optimization of a global strategy to address the pandemic threat

Science.gov (United States)

Pike, Jamison; Bogich, Tiffany; Elwood, Sarah; Finnoff, David C.; Daszak, Peter

2014-01-01

Emerging pandemics threaten global health and economies and are increasing in frequency. Globally coordinated strategies to combat pandemics, similar to current strategies that address climate change, are largely adaptive, in that they attempt to reduce the impact of a pathogen after it has emerged. However, like climate change, mitigation strategies have been developed that include programs to reduce the underlying drivers of pandemics, particularly animal-to-human disease transmission. Here, we use real options economic modeling of current globally coordinated adaptation strategies for pandemic prevention. We show that they would be optimally implemented within 27 y to reduce the annual rise of emerging infectious disease events by 50% at an estimated one-time cost of approximately $343.7 billion. We then analyze World Bank data on multilateral “One Health” pandemic mitigation programs. We find that, because most pandemics have animal origins, mitigation is a more cost-effective policy than business-as-usual adaptation programs, saving between $344.0.7 billion and $360.3 billion over the next 100 y if implemented today. We conclude that globally coordinated pandemic prevention policies need to be enacted urgently to be optimally effective and that strategies to mitigate pandemics by reducing the impact of their underlying drivers are likely to be more effective than business as usual. PMID:25512538

Implications of fossil fuel constraints on economic growth and global warming

International Nuclear Information System (INIS)

Nel, Willem P.; Cooper, Christopher J.

2009-01-01

Energy Security and Global Warming are analysed as 21st century sustainability threats. Best estimates of future energy availability are derived as an Energy Reference Case (ERC). An explicit economic growth model is used to interpret the impact of the ERC on economic growth. The model predicts a divergence from 20th century equilibrium conditions in economic growth and socio-economic welfare is only stabilised under optimistic assumptions that demands a paradigm shift in contemporary economic thought and focused attention from policy makers. Fossil fuel depletion also constrains the maximum extent of Global Warming. Carbon emissions from the ERC comply nominally with the B1 scenario, which is the lowest emissions case considered by the IPCC. The IPCC predicts a temperature response within acceptance limits of the Global Warming debate for the B1 scenario. The carbon feedback cycle, used in the IPCC models, is shown as invalid for low-emissions scenarios and an alternative carbon cycle reduces the temperature response for the ERC considerably compared to the IPCC predictions. Our analysis proposes that the extent of Global Warming may be acceptable and preferable compared to the socio-economic consequences of not exploiting fossil fuel reserves to their full technical potential

Global economics and the environment

International Nuclear Information System (INIS)

Stone, R.D.; Hamilton, E.

1991-01-01

The rampant destruction of the rural tropics the earth's most fertile source of life will continue unchecked unless a global bargain can be reached between the capital-rich North and the economically destitute South. This report presents the findings of a colloquium sponsored by the Council on Foreign Relations and the World Resources Institute, and assesses the prospects for a global policy for sustainable growth in the Third World. It reviews how the North constrains the development of such a policy by its actions in the areas of international trade, public and private investment, and debt and recommends new efforts to foster mutual cooperation. It also outlines a series of creative recommendations from the colloquium's international and multidisciplinary panel of experts. Offering an agenda for the June 1992 United Nations Conference on Environment and Development (UNCED), this report sets the stage for one of the most important global challenges of the coming decade

The impact of economic globalization on the shadow economy in Egypt

OpenAIRE

Farzanegan, Mohammad Reza; Hassan, Mai

2017-01-01

This study examines the economic globalization and the shadow economy nexus in Egypt. Using time series data from 1976 to 2013, the impulse response analysis shows that the response of the shadow economy in Egypt to positive shocks in economic globalization is negative and statistically significant for the first three years following the shock. This finding is obtained by controlling for several intermediary channels in globalization-shadow economy nexus such as education, government spending...

Protecting Pakistan's health during the global economic crisis.

Science.gov (United States)

Jooma, R; Khan, A; Khan, A A

2012-03-01

The world is facing an unprecedented global economic crisis, with many countries needing to reconsider their level of health care spending. This paper explores the many consequences of the global economic turndown on Pakistan's health, including reduced government and donor spending and increased poverty with the consequent diversion of funds away from health. Nevertheless, these challenges may provide opportunities not only to mitigate the adverse effects of the economic crisis but also to institute some much-needed reforms that may not receive political support during more affluent times. Our suggestions focus on setting priorities based on the national disease burden, prioritizing prevention interventions, demanding results, curbing corruption, experimenting with innovative funding mechanisms, advocating for increased funding by presenting health spending as an investment rather than an expense and by selected recourse to civil society interventions and philanthropy to bridge the gap between available and needed resources.

Global panorama of energy access: Current situation, challenges and outlook

Energy Technology Data Exchange (ETDEWEB)

Galichon, Ines; Lacroix, Olivier; Wiedmer, Damien

2014-07-15

Globally 1.3 billion people do not have access to electricity. If this figure is projected to decline 1 billion by 2030, the global population who relies on the traditional use of biomass for cooking is expected to substantially increase, from 2.6 billion to 2.7 billion people. In its commitment to energy access, ENEA published a synthesis on the current situation and the further development perspectives of energy access worldwide, a crucial issue of human and economic development and an opportunity for the private sector. This synthesis present the ecosystem of the actors involved in the improvement of energy access and the technical solutions that serve the needs of this high-potential market. The five main challenges energy access has to address are presented in this publication: energy prices, equipment financing, distribution, change of scale and environmental performances.

THE ECONOMIC IMPACT ON GLOBAL TOURISM

Directory of Open Access Journals (Sweden)

Bogdan Sofronov

2017-07-01

Full Text Available Tourism is an important economic activity in most countries around the world. As well as its direct economic impact,the industry has significant indirect and induced impacts. The outlook for the Tourism sector in 2017 remains robust and will continue to be at the forefront of wealth and employment creation in the global economy, despite the emergence of a number of challenging headwinds. In tourism, GDP growth is expected to accelerate to 3.8%, up from 3.1% in 2016. As nations seem to be looking increasingly inward, putting in place barriers to trade and movement of people, the role of Tourism becomes even more significant, as an engine of economic development and as a vehicle for sharing cultures, creating peace, and building mutual understanding.

THE ECONOMIC IMPACT ON GLOBAL TOURISM

Directory of Open Access Journals (Sweden)

Bogdan Sofronov

2017-06-01

Full Text Available Tourism is an important economic activity in most countries around the world. As well as its direct economic impact,the industry has significant indirect and induced impacts. The outlook for the Tourism sector in 2017 remains robust and will continue to be at the forefront of wealth and employment creation in the global economy, despite the emergence of a number of challenging headwinds. In tourism, GDP growth is expected to accelerate to 3.8%, up from 3.1% in 2016. As nations seem to be looking increasingly inward, putting in place barriers to trade and movement of people, the role of Tourism becomes even more significant, as an engine of economic development and as a vehicle for sharing cultures, creating peace, and building mutual understanding.

Biofuels and Their Co-Products as Livestock Feed: Global Economic and Environmental Implications.

Science.gov (United States)

Popp, József; Harangi-Rákos, Mónika; Gabnai, Zoltán; Balogh, Péter; Antal, Gabriella; Bai, Attila

2016-02-29

This review studies biofuel expansion in terms of competition between conventional and advanced biofuels based on bioenergy potential. Production of advanced biofuels is generally more expensive than current biofuels because products are not yet cost competitive. What is overlooked in the discussion about biofuel is the contribution the industry makes to the global animal feed supply and land use for cultivation of feedstocks. The global ethanol industry produces 44 million metric tonnes of high-quality feed, however, the co-products of biodiesel production have a moderate impact on the feed market contributing to just 8-9 million tonnes of protein meal output a year. By economically displacing traditional feed ingredients co-products from biofuel production are an important and valuable component of the biofuels sector and the global feed market. The return of co-products to the feed market has agricultural land use (and GHG emissions) implications as well. The use of co-products generated from grains and oilseeds can reduce net land use by 11% to 40%. The proportion of global cropland used for biofuels is currently some 2% (30-35 million hectares). By adding co-products substituted for grains and oilseeds the land required for cultivation of feedstocks declines to 1.5% of the global crop area.

Economic Imperative of Global Community Establishment

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Deyneka Tatyana

2017-12-01

Full Text Available Modern global society is becoming increasingly controversial. Under such conditions, the question of prospects for life of megasociety, which demands theoretical and methodological research from the economic science, as well as a thorough analysis of empiricists, becomes of special relevance. The publication presents the concept of systemic transformation of the global economy and global community. The following is defined: subsystems (spheres of transformed community system (economic, political, social, spiritual; objects of transformation, the change of which is essential for the acquisition of a new quality by the system; causes and determinants of system transformation. Based on this, it is proved that the system of world community harmonized in its internal composition is integrity, each of its subsystems corresponds to the imperative of humanism. If this equirement is fulfilled, the world community will be able to move to a higher level of civilization development. In the process of studying transformation of the global society, a methodology has been used to identify these changes in the mega-society and describe them with a model. Choosing the defining parameters of the model allowed to answer the following questions: what is the purpose of humanity, radically changing its life; what are the structural transformations; in what way will community evolve; how the relations in such a society will be institutionalized. On the basis of the applied theory and methodology, the following is substantiated: The purpose of social dynamics is the comprehensive development of man and the creation of a society based on the principles of noosphere; changes in the structure of social system occur simultaneously with changes in subsystems and are subject to the imperative of continuous enrichment of the potential of society development; innovation as a basis for social reproduction in all its spheres is a way of society evolving; the systematic

ECONOMIC CONCENTRATION IN THE CONTEXT OF THE WORLD ECONOMY GLOBALIZATION

Directory of Open Access Journals (Sweden)

Berinde Mihai

2008-05-01

Full Text Available This paper has as main objective to emphasize the importance of a permanent control activity on the economic concentration operations. In order to assure an appropriate choice as concern the economic concentration to be submitted at the assessment procedure each country has its competence to establish its turnover ceilings opening the procedure in accordance with the priorities of its own economic policy. As a final conclusion, we stress that economic concentration assessment and competition policy as a whole are very dynamic activities asking permanent legal and procedural adjustments in order to take appropriately into account economic interests of the country as well as the evolutions registered on regional and global level. This approach is the most valid in the case of Romania taking into account its recent accession to the European Union and its more and more important involvement in the regional and global cooperation.

THE IMPACT OF GLOBALIZATION AND GOVERNANCE ON LOCAL ECONOMIC DEVELOPMENT

OpenAIRE

Armenia ANDRONICEANU

2013-01-01

Globalization and the crises context have influenced the local economic development in Romania and determined the government to adapt its policies according to them. This paper presents part of the results of a specific research on the impact of globalization and the government policies to the local economic development. The sample was composed by small and medium size enterprises from Bucharest. They are specialized in export of products from three main areas. The research methodology includ...

Integrating scientific, economic, and ecological aspects of global change

International Nuclear Information System (INIS)

Jacoby, H.D.; Yang, Z.

1994-01-01

The MIT Joint Program on the Science and Policy of Global Change is conducting research on methods for integrating the science of potential global change with economic analysis of litigation policies and quantification of economic and environmental impacts. The paper describes this work, with a focus on the way that research within the various contributing disciplines, and the design of their associated models, are influenced by the process of inclusion in an integrated framework for policy analysis. The results should contribute new insight into the relative importance of key feedbacks within the economy-climate-ecology system

THE ROLE OF THE INTERNATIONAL MONETARY FUND IN PROMOTING GLOBAL ECONOMIC STABILITY

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Alina HAGIU

2017-12-01

Full Text Available This paper presents the role that the International Monetary Fund performs in promoting global economic stability. Global economic and financial stability plays a key role in the financial system and the economy as a whole. The increase in the importance of the concept of financial stability by supervisors at both European and global level was concretized by defining a framework for the operationalization of macroprudential policy, together with the establishment of coordination bodies in this field, thus recognizing its role in the mix of established economic policies such as monetary, fiscal or competitive policy.

Stock markets and criticality in the current economic crisis

Science.gov (United States)

da Silva, Roberto; Zembrzuski, Marcelo; Correa, Fabio C.; Lamb, Luis C.

2010-12-01

We show that the current economic crisis has led the market to exhibit a non-critical behavior. We do so by analyzing the quantitative parameters of time series from the main assets of the Brazilian Stock Market BOVESPA. By monitoring global persistence we show a deviation of power law behavior during the crisis in a strong analogy with spin systems (from where this concept was originally conceived). Such behavior is corroborated by an emergent heavy tail of absolute return distribution and also by the magnitude autocorrelation exponent. Comparisons with universal exponents obtained in the international stock markets are also performed. This suggests how a thorough analysis of suitable exponents can bring a possible way of forecasting market crises characterized by non-criticality.

Coping with the Global Economic Crisis: A Challenge to Technical ...

African Journals Online (AJOL)

gold

2012-07-26

Jul 26, 2012 ... Global Economic Crisis may as well be referred to as. Global ... utilization, household incomes and business profits all fall during recessions. Governments ..... In Nigeria today, education is in crisis, teachers' salaries are.

Mycotoxins: significance to global economics and health

Science.gov (United States)

Mycotoxins are fungal metabolites produced my micro-fungi (molds and mildews) that have significant impacts on global economics and health. Some of these metabolites are beneficial, but most are harmful and have been associated with well-known epidemics dating back to medieval times. The terms ‘myco...

Principles of the Organization of the Global Economic System

Science.gov (United States)

Dyatlov, Sergey A.; Bulavko, Olga A.; Balanovskaya, Anna V.; Nikitina, Natalia V.; Chudaeva, Alexandra A.

2016-01-01

The development of the economic system is not a spontaneous but a programmed and controlled process. Economy is always a controlled system in which there is always an appropriate subject of management. The article considers principles of the organization of the global economic system. The characteristic of the principle of "hierarchy of…

The Methodical Approaches to the Research of Informatization of the Global Economic Development

Directory of Open Access Journals (Sweden)

Kazakova Nadezhda A.

2018-03-01

Full Text Available The article is aimed at researching the identification of global economic development informatization. The complex of issues connected with research of development of informatization of the world countries in the conditions of globalization is considered. The development of informatization in the global economic space, which facilitates opening of new markets for international trade enterprises, international transnational corporations and other organizations, which not only provide exports, but also create production capacities for local producers. The methodical approach which includes three stages together with formation of the input information on the status of informatization of the global economic development of the world countries has been proposed.

A global warming forum: Scientific, economic, and legal overview

International Nuclear Information System (INIS)

Geyer, R.A.

1993-01-01

A Global Warming Forum covers in detail five general subject areas aimed at providing first, the scientific background and technical information available on global warming and second, a study and evaluation of the role of economic, legal, and political considerations in global warming. The five general topic areas discussed are the following: (1) The role of geophysical and geoengineering methods to solve problems related to global climatic change; (2) the role of oceanographic and geochemical methods to provide evidence for global climatic change; (3) the global assessment of greenhouse gas production including the need for additional information; (4) natural resource management needed to provide long-term global energy and agricultural uses; (5) legal, policy, and educational considerations required to properly evaluate global warming proposals

Integrating global socio-economic influences into a regional land use change model for China

Science.gov (United States)

Xu, Xia; Gao, Qiong; Peng, Changhui; Cui, Xuefeng; Liu, Yinghui; Jiang, Li

2014-03-01

With rapid economic development and urbanization, land use in China has experienced huge changes in recent years; and this will probably continue in the future. Land use problems in China are urgent and need further study. Rapid land-use change and economic development make China an ideal region for integrated land use change studies, particularly the examination of multiple factors and global-regional interactions in the context of global economic integration. This paper presents an integrated modeling approach to examine the impact of global socio-economic processes on land use changes at a regional scale. We develop an integrated model system by coupling a simple global socio-economic model (GLOBFOOD) and regional spatial allocation model (CLUE). The model system is illustrated with an application to land use in China. For a given climate change, population growth, and various socio-economic situations, a global socio-economic model simulates the impact of global market and economy on land use, and quantifies changes of different land use types. The land use spatial distribution model decides the type of land use most appropriate in each spatial grid by employing a weighted suitability index, derived from expert knowledge about the ecosystem state and site conditions. A series of model simulations will be conducted and analyzed to demonstrate the ability of the integrated model to link global socioeconomic factors with regional land use changes in China. The results allow an exploration of the future dynamics of land use and landscapes in China.

The influence of convective current generator on the global current

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V. N. Morozov

2006-01-01

Full Text Available The mathematical generalization of classical model of the global circuit with taking into account the convective current generator, working in the planetary boundary layer was considered. Convective current generator may be interpreted as generator, in which the electromotive force is generated by processes, of the turbulent transport of electrical charge. It is shown that the average potential of ionosphere is defined not only by the thunderstorm current generators, working at the present moment, but by the convective current generator also. The influence of the convective processes in the boundary layer on the electrical parameters of the atmosphere is not only local, but has global character as well. The numerical estimations, made for the case of the convective-unstable boundary layer demonstrate that the increase of the average potential of ionosphere may be of the order of 10% to 40%.

Conceptual Approaches to the Development of Economic Systems in the Context of Globalization and Regionalization

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D. I.

2017-12-01

Full Text Available Interactions of the national and the global in economic transformations occurring in open economic systems are substantiated. Conceptual approaches to the development of economic systems in the globalization and regionalization context are summed up. It is shown that globalization is a logical consequence of mutual influences and interactions of multiple local transformations in socio-economic systems of various levels, which planetary self-organization generates the new quality of the global economic development. It is concluded that globalization has controversial impact on the transformation capacities of national economic systems that have to operate in the unfavorable condition of the growing instability of the global economic system and rapid integration in the structures with already established economic relations. The heuristic and experimental nature of economic and institutional transformations in these countries is added by splits of national economic systems and disruptions of established production links; the outstripping liberalization of foreign economic relations, creating rather external than internal pressures on national manufacturers and making them less capable to adapt to the competitive environment; the accelerated liberalization of monetary and financial systems, opening up ways to reallocation of capital from the sluggish real sector to the more flexible sector of transactions with currencies and securities; the shrinking regulatory authorities of national governments with respect of trade, competition, tax policies or social welfare; the growing domination of TNC and outflow of productive resources from national economies, important for their self-development, thus making their economic systems structurally primitive; the sharp property differentiation within societies and the increasing shares of population with low incomes.

The Complexity of the Implications of Globalization in the Context of the Current Global Economy

Directory of Open Access Journals (Sweden)

Raluca Ionela CREŢOIU

2014-03-01

Full Text Available Globalization represents a controversial phenomenon both because of its complexity and because of the various implications it has on the global economy. Globalization will act simultaneously on many levels, its effects being correlated with the diversity of the angles from which this phenomenon can be approached from – economic, social, politic, cultural, philosophic etc. The article represents an incursion into the issue regarding the implications and effects of globalization grouped in several areas of analysis such as the disappearance of borders, the effects on culture, the effects on the education, the impact on labour market impact and the phenomenon of immigration, the effects of globalization in the context of the food crisis underdevelopment and poverty. To complete the analysis that points out enough elements considered to be negative, at the end of the article, there are also approached the development opportunities that globalization can offer in terms of boosting the economic exchanges, the exchange of genuine cultural values and ensuring a transfer of information at a global scale, so necessary for the scientific and technological progress.  The conclusions of the article weighs the many aspects highlighted, both negative and positive, and suggests a series of useful research directions in order to fathom the complex features of this concept so controversial – globalization.

Evaluation of Effect of Global Economic Meltdown on Capital Market Performance

Directory of Open Access Journals (Sweden)

ONAOLAPO ADEKUNLE RAHMAN

2013-07-01

Full Text Available The recent financial crisis that loomed the global economy was considered more inclusive than any other period of financial turmoil in the past 60 years. This paper evaluates the implications of the global economic meltdown on the Nigerian Capital Market Performance using the market capitalization of the Nigerian Stock Exchange as a major indicator. When the global economic meltdown came, it poses a recession on the Market Capitalization and the volume of share index of the Nation. This study depends entirely on secondary data in form of annual aggregate time series data of Market capitalization (dependent variable, exchange rate, interest rate, inflation rate, market share index with Dummy variable to represent the period of economic crisis. Ordinary least square of multiple regressions was used to analyze the data into econometric model while F-statistics was used to test for the formulated hypothesis. This study depicts that the global economic meltdown has a negative effect on the Capital Market Performance. It was therefore recommended that the Federal government and the regulatory agencies (CBN, NSE, SEC etc. should come up with intervention and fiscal policies that will suppress these effects and jumpstart the capital market and that the policies should be properly implemented and monitored.

Potential ramifications of the global economic crisis on human-mediated dispersal of marine non-indigenous species.

Science.gov (United States)

Floerl, Oliver; Coutts, Ashley

2009-11-01

The global economy is currently experiencing one of its biggest contractions on record. A sharp decline in global imports and exports since 2008 has affected global merchant vessel traffic, the principal mode of bulk commodity transport around the world. During the first quarter of 2009, 10% and 25% of global container and refrigerated vessels, respectively, were reported to be unemployed. A large proportion of these vessels are lying idle at anchor in the coastal waters of South East Asia, sometimes for periods of greater than 3 months. Whilst at anchor, the hulls of such vessels will develop diverse and extensive assemblages of marine biofouling species. Once back in service, these vessels are at risk of transporting higher-than-normal quantities of marine organisms between their respective global trading ports. We discuss the potential ramifications of the global economic crisis on the spread of marine non-indigenous species via global commercial shipping.

BRICS STATES IN THE GLOBAL ECONOMIC GOVERNANCE: THE WTO CASE

Directory of Open Access Journals (Sweden)

Aleksandra G. Koval

2017-06-01

Full Text Available The rise of emerging powers in the world economy has a significant impact on the transformation of global economic governance. The countries with emerging economies seek to enhance their role in international economic organizations and decision-making at the global level. The main players here are the BRICS countries. The contradictions between these countries and Western states represent a modern challenge to the functioning of the global governance. This is clearly demonstrated by the failure of the international trade negotiations under the WTO, which leads to the shift of member states’ priorities towards megaregional trade agreements and indicates the need for changes in the organization. The WTO cannot be seen today as a “rich men’s club” since emerging powers are eager to actively participate in trade negotiations, while recognizing the established rules and regulations. Despite the attempts of certain cooperation in their policies, BRICS countries differ in their trade interests. These states not only play different roles at the world markets of goods and services, but also apply various tariff and non-tariff measures. Moreover, a significant number of protectionist measures affects intra-BRICS trade. These differences complicate the cooperation of emerging powers in the international trading system and entangle the process of transformation of global economic governance.

Unravelling the Global City Debate: Economic Inequality and Ethnocentrism in Contemporary Dutch Cities

NARCIS (Netherlands)

J. van der Waal (Jeroen)

2010-01-01

textabstractIt is hard to overestimate the scholarly impact of Saskia Sassen’s global city theoretical framework, which revolves around the impact of economic globalization on the social, economic, and political reality of cities in advanced economies. Yet, more than two decades of research

Socio-economic data for global environmental change research

DEFF Research Database (Denmark)

Otto, Ilona; Biewald, Anne; Coumou, Dim

2015-01-01

Subnational socio-economic datasets are required if we are to assess the impacts of global environmental changes and to improve adaptation responses. Institutional and community efforts should concentrate on standardization of data collection methodologies, free public access, and geo-referencing....

Global health funding and economic development.

Science.gov (United States)

Martin, Greg; Grant, Alexandra; D'Agostino, Mark

2012-04-10

The impact of increased national wealth, as measured by Gross Domestic Product (GDP), on public health is widely understood, however an equally important but less well-acclaimed relationship exists between improvements in health and the growth of an economy. Communicable diseases such as HIV, TB, Malaria and the Neglected Tropical Diseases (NTDs) are impacting many of the world's poorest and most vulnerable populations, and depressing economic development. Sickness and disease has decreased the size and capabilities of the workforce through impeding access to education and suppressing foreign direct investment (FDI). There is clear evidence that by investing in health improvements a significant increase in GDP per capita can be attained in four ways: Firstly, healthier populations are more economically productive; secondly, proactive healthcare leads to decrease in many of the additive healthcare costs associated with lack of care (treating opportunistic infections in the case of HIV for example); thirdly, improved health represents a real economic and developmental outcome in-and-of itself and finally, healthcare spending capitalises on the Keynesian 'economic multiplier' effect. Continued under-investment in health and health systems represent an important threat to our future global prosperity. This editorial calls for a recognition of health as a major engine of economic growth and for commensurate investment in public health, particularly in poor countries.

Global health funding and economic development

Directory of Open Access Journals (Sweden)

Martin Greg

2012-04-01

Full Text Available Abstract The impact of increased national wealth, as measured by Gross Domestic Product (GDP, on public health is widely understood, however an equally important but less well-acclaimed relationship exists between improvements in health and the growth of an economy. Communicable diseases such as HIV, TB, Malaria and the Neglected Tropical Diseases (NTDs are impacting many of the world's poorest and most vulnerable populations, and depressing economic development. Sickness and disease has decreased the size and capabilities of the workforce through impeding access to education and suppressing foreign direct investment (FDI. There is clear evidence that by investing in health improvements a significant increase in GDP per capita can be attained in four ways: Firstly, healthier populations are more economically productive; secondly, proactive healthcare leads to decrease in many of the additive healthcare costs associated with lack of care (treating opportunistic infections in the case of HIV for example; thirdly, improved health represents a real economic and developmental outcome in-and-of itself and finally, healthcare spending capitalises on the Keynesian 'economic multiplier' effect. Continued under-investment in health and health systems represent an important threat to our future global prosperity. This editorial calls for a recognition of health as a major engine of economic growth and for commensurate investment in public health, particularly in poor countries.

Nuclear energy and global warming: a new economic view

International Nuclear Information System (INIS)

Rokhshad Hejazi

2009-01-01

This paper tries to state energy situation and then energy policy globally in economic view and then offer the practical solution. Besides above questions, the most important questions that will be answered are: What is the energy position, in economic view? and what is the most important priority among environmental issues? According to present conditions and environmental challenges what is the way map for energy supply? Is the priority for environment and energy with an economic sight, in present and future, same as the past? (Author)

The current Russian model of social development, and economic growth

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V V Paramonov

2016-12-01

Full Text Available Although the Article 7 of the Constitution of Russia adopted in 1993 defines the country as a social state, the contemporary social and economic situation is significantly different from this declaration. The author considers the current situation focusing on the foundations of the welfare state. The indicators of social inequality and stratification that allow to identify the country as a social state prove the widening gap between the rich and poor. In recent years, nothing has been done to achieve the more equitable distribution of income and national wealth, which led to the further growth of social inequality exceeding the global indices. The author believes that the high level of social inequality negatively affects the economic growth. Based on the studies of Russian scientists he concludes that equal distribution of income provides higher rates of economic growth and prosperity of the country. The modified theory of the factors of production explains this interconnection, and adds a few more factors, including such a specific resource as sales market, to three factors introduced by J.B. Say at the beginning of the XIX century. The huge social inequality and, consequently, a significant number of the poor deprive the country of such an important resource. To change the situation, the author proposes to return to the progressive tax scale and introduce the zero rate of income tax for the poorest groups in order to create prerequisites for the growth of consumer demand under the economic crisis.

The effects of the global economic crisis on Macedonian economy: Some macroeconomic indicators and future policy recommendations

Directory of Open Access Journals (Sweden)

Elizabeta Tosheva

2016-01-01

The experiences and lessons taken from the global economic crisis should serve as a basis for changing the current economic model with a new one in order the economy of the country to catch a connection with the intense changes that are expected to occur in the coming period. It is expected that creating new economic model in Republic of Macedonia will result in multiple positive effects that primarily manifested in the increasing number of newly small and medium enterprises, domestic investments, industrial production, GDP, number of new employees and total exports as well as in reduction of the trade deficit in maintaining macroeconomic stability of the country.

ECONOMIC ASPECTS REGARDING THE GLOBAL DIMENSION OF POVERTY IN THE XXI CENTURY

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PAUL-BOGDAN ZAMFIR

2013-12-01

Full Text Available In this paper we proposed to investigate the spread of poverty phenomenon on the global scale. Also we examined the causes and the efects of unequal distribution of global wealth, emphasing the impact of economic globalization on the deepening of poverty at the international comunity level. In the contemporary context of economic globalization the poverty is a scourge of the international community, that marks a dangerous gap between the many poor and the few rich. On the other hand, the poverty can be rightly considered the deprivation of population or certain population groups of welfare. In generally, for the common man, poverty means hunger, misery and diseases. Also, the poverty is an economical-legal phenomenon. The economic component of poverty consist in the deficiency of resources to ensure a decent standard of living and the access to basic services (health, education etc., while the legal dimension is reflected in the reduced possibility of a person or population groups to benefit from the civil rights and other fundamental rights, as well as the right to lead way of life which he desires or values.

Navigating catastrophes: Local but not global optimisation allows for macro-economic navigation of crises

Science.gov (United States)

Harré, Michael S.

2013-02-01

Two aspects of modern economic theory have dominated the recent discussion on the state of the global economy: Crashes in financial markets and whether or not traditional notions of economic equilibrium have any validity. We have all seen the consequences of market crashes: plummeting share prices, businesses collapsing and considerable uncertainty throughout the global economy. This seems contrary to what might be expected of a system in equilibrium where growth dominates the relatively minor fluctuations in prices. Recent work from within economics as well as by physicists, psychologists and computational scientists has significantly improved our understanding of the more complex aspects of these systems. With this interdisciplinary approach in mind, a behavioural economics model of local optimisation is introduced and three general properties are proven. The first is that under very specific conditions local optimisation leads to a conventional macro-economic notion of a global equilibrium. The second is that if both global optimisation and economic growth are required then under very mild assumptions market catastrophes are an unavoidable consequence. Third, if only local optimisation and economic growth are required then there is sufficient parametric freedom for macro-economic policy makers to steer an economy around catastrophes without overtly disrupting local optimisation.

A Clinical Update and Global Economic Burden of Rheumatoid Arthritis.

Science.gov (United States)

Fazal, Syed Ali; Khan, Mohammad; Nishi, Shamima E; Alam, Fahmida; Zarin, Nowshin; Bari, Mohammad T; Ashraf, Ghulam Md

2018-02-13

Rheumatoid arthritis (RA) is a predominant inflammatory autoimmune disorder. The incidence and prevalence of RA is increasing with considerable morbidity and mortality worldwide. The pathophysiology of RA has become clearer due to many significant research outputs during the last two decades. Many inflammatory cytokines involved in RA pathophysiology and the presence of autoantibodies are being used as potential biomarkers via the use of effective diagnostic techniques for the early diagnosis of RA. Currently, several disease-modifying anti-rheumatic drugs are being prescribed targeting RA pathophysiology, which have shown significant contributions in improving the disease outcomes. Even though innovations in treatment strategies and monitoring are helping the patients to achieve early and sustained clinical and radiographic remission, the high cost of drugs and limited health care budgets are restricting the easy access of RA treatment. Both direct and indirect high cost of treatment are creating economic burden for the patients and affecting their quality of life. The aim of this review is to describe the updated concept of RA pathophysiology and highlight current diagnostic tools used for the early detection as well as prognosis - targeting several biomarkers of RA. Additionally, we explored the updated treatment options with side effects besides discussing the global economic burden. Copyright© Bentham Science Publishers; For any queries, please email at epub@benthamscience.org.

Adaptation of the tourism in Romania to the new economic context imposed by the global economic crisis (in 2010

Directory of Open Access Journals (Sweden)

Silvia IFTIME

2013-01-01

Full Text Available The global economic crisis affected the tourist market from Romania since 2008. 2010 was for the Romanian tourism enterprises the year of successful attempts to respond to the economic and social stimuli imposed by the economic crisis. The way in which they managed to cope with the crisis shows that solutions are available to those who adapt to the conditions of fierce competition.The global economic crisis rippled its effects in all areas of activity, tourism included. Some field entrepreneurs consider that tourism will be the most affected sector of services by this crisis because the consumers will leave it at the bottom of the basket of consumption goods and services.

The Superbubble behind “The Great Moderation:” How the Brandt Report Foresaw Today’s Global Economic Crisis

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James Bernard Quilligan

2010-03-01

Full Text Available The Brandt Commission Report, published in 1980, broke ground in vital areas. It was the first international body to develop such concepts as interdependence, globalization, sustainable development, and alternative sources of development financing. It grappled with the difficult problem of global monetary imbalances, not in a vacuum, but rather, situated in the Commission’s stance that reforms in poverty, aid, debt, armaments expenditures, environment, technology, trade, and finance will not effectively meet their goals until they are supported by a totally-restructured monetary system. Virtually all sustainable development initiatives since then have missed that need for restructuring. The Brandt Report warrants this first treatment of a full political economic framing because the world continues to operate with those structural imbalances and faces a global economic crisis. Nations with current account deficits are required by the rules of the marketplace and international institutions to adjust their fiscal balances by paying off their loans. Yet nations with current account surpluses are not under similar obligation because there is no adjustment mechanism for recycling their trade surpluses and currency reserves. Compelling examples of this disequilibrium today are the current account imbalances between the surplus nations of China and other Asian states on the one hand, and deficit nations like the United States and United Kingdom on the other. A mitigating factor is the use of the dollar as the world’s reserve currency, which allows the US to avoid adjusting its deficits on a timely basis. A major global financial adjustment is needed to eliminate the financial and monetary superbubble that has been forming as a result of these deep contradictions in the international system. The Brandt Report anticipated that unless these global imbalances were corrected through coordinated international action, there would be a series of sovereign

Lived experience of economic and political trends related to globalization.

Science.gov (United States)

Cushon, Jennifer A; Muhajarine, Nazeem; Labonte, Ronald

2010-01-01

A multi-method case study examined how the economic and political processes of globalization have influenced the determinants of health among low-income children in Saskatoon, Saskatchewan, Canada. This paper presents the results from the qualitative interview component of the case study. The purpose of the interviews was to uncover the lived experience of low-income families and their children in Saskatoon with regards to political and economic trends related to globalization, an important addition to the usual globalization and health research that relies primarily on cross-country regressions in which the personal impacts remain hidden. In-depth phenomenological interviews with 26 low-income parents of young children (aged zero to five) who were residents of Saskatoon. A combination of volunteer and criterion sampling was used. Interview questions were open-ended and based upon an analytical framework. Analysis proceeded through immersion in the data, a process of open coding, and finally through a process of selective coding. The larger case study and interviews indicate that globalization has largely not been benefiting low-income parents with young children. Low-income families with young children were struggling to survive, despite the tremendous economic growth occurring in Saskatchewan and Saskatoon at the time of the interviews. This often led to participants expressing a sense of helplessness, despair, isolation, and/or anger. Respondents' experiences suggest that globalization-related changes in social conditions and public policies and programs have great potential to negatively affect family health through either psychosocial effects in individuals and/or decreased levels of social cohesion in the community.

Global economic growth and expected returns around the world: The end-of-the-year effect

DEFF Research Database (Denmark)

Møller, Stig Vinther; Rangvid, Jesper

2017-01-01

Global economic growth at the end of the year strongly predicts returns from a wide spectrum of international assets, such as global, regional, and individual-country stocks, FX, and commodities. Global economic growth at other times of the year does not predict international returns. Low growth...

Economic security of the Russian Federation: current status, level and threats

Directory of Open Access Journals (Sweden)

V. V. Grigoryeva

2017-01-01

Full Text Available The problems of national and economic security maintenanceis aggravating in modern conditions of globalization and international competition related to controlof market channels, technological, information and natural resources.Today Russia is making all efforts to protect its position on the world stage and improve the lives of its citizens.Despite the worsening of the present economic, political and social differences in the world, the Russian Federation has its own national interests, which can be possible to fulfill only on the basis of sustainable development of the national economic security system.The latter traditionally determines the ability of the state economic system to maintain normal conditions for the national economy functioning and the population activity. The national economic securitystabilitycan be estimated only by the application of elaborate tools of the economic development indicators analysis and the threshold values examinationaimed at the determination of the quality characteristic of actual and the most successful model of the economic activity.The analysis of the current Russian economic situation showed the presence of some serious problems existing in the national economy. The economic security level of Russia, having a tendency to increase in the period of 1998-2013, has been sharply reduced to critical points since 2014. So, it is necessary to take some measures to restructure the system of economic security of the state. Based on the research it was identified the list of the most dangerous threats to the modern Russian economy, which includes: low level of the country industrial production; the economy dependence on goods import and raw materials export; low living standards of the population; the rapid growth of the shadow economy and corruption; the lack of civil science and innovationdevelopment. The main strategic directions for economic security levelincrease in Russia today and in the future are aimed at

Analis of economic aspects periodization’s of the global transformations

Directory of Open Access Journals (Sweden)

Владимир Иванович Власов

2014-09-01

Full Text Available In modern terms all anymore the processes of globalization in the field oftransformation of world economy come into the notice of researchers of differentcountries at the simultaneous attempts of determination of division into the periods ofthese processes during development of economic relations between people and statesof different level of economic development.

The Economic Sovereignty of the State as the Defining Instrument of Economic Policy in the Context of Globalization

Directory of Open Access Journals (Sweden)

Mykytas Viktoriia V.

2017-10-01

Full Text Available The modern world is characterized by rapid integration and globalization processes, which have both a positive and a negative impact on the development of each country. National economies operate in the midst of global uncertainty, which is becoming the platform for the formation and implementation of the State economic policy, which should not only describe the conditions for strategic development of country but also adequately respond to the risks emerging out of the complex integration processes. The failure of the State to respond in a timely and adequate manner to the risks will result in lesser benefits and positive effects of integration processes than the impact of destabilizing factors. In such circumstances, economic sovereignty becomes the most important instrument of the State through which it can defend its national economic interests and form an effective economic policy.

The global childhood obesity epidemic and the association between socio-economic status and childhood obesity

OpenAIRE

Wang, Youfa; Lim, Hyunjung

2012-01-01

This paper describes the current prevalence and time trends of childhood obesity worldwide, and the association between childhood obesity and socio-economic status (SES). Childhood obesity has become a global public health crisis. The prevalence is highest in western and industrialized countries, but still low in some developing countries. The prevalence also varies by age and gender. The WHO Americas and eastern Mediterranean regions had higher prevalence of overweight and obesity (30–40%) t...

On the economic dimensions of CSR: Exploring Fortune Global 250 reports

NARCIS (Netherlands)

Fortanier, F.N.; Kolk, A.

2007-01-01

The macro-level debate on the economic impact of multinational enterprises (MNEs) is still unsettled. This article explores micro-level evidence by examining what Fortune Global 250 firms themselves report about their economic impact. Such reporting embodies corporate attempts to account for their

Impact of Global Economic Crisis on Technical and Vocational ...

African Journals Online (AJOL)

User

2011-05-20

May 20, 2011 ... factors, which also mutually interact with each other (Coombs, 1985). In Nigeria the global economic crisis (GEC) has led to depletion of stocks, ..... The Study of Instructional Communication Strategies in Nigerian Universities.

The Global Economic Crisis and the Africa Rising Narrative

African Journals Online (AJOL)

in the context of the intertwined global socio-economic as well as ecological crisis ...... Warming and Environmental Destruction, London: Resistance Books. .... Piketty, T., 2014, Capital in the Twenty-First Century, The Belknap Press of Harvard.

The Relational Concurrence of Global Warming and Economic ...

African Journals Online (AJOL)

global warming and economic development focusing on the danger it inheres in ... that both developing and developed countries should sink their differences, .... with time. Other fossils exist but are still under investigation. These fossil fuels contribute greatly to human existence in the areas of. Electricity generation and ...

Current Trends in the Nuclear Power Global Market

Directory of Open Access Journals (Sweden)

Mariya Mikhailovna Osetskaya

2018-03-01

Full Text Available The review of the nuclear energy technologies market, namely the main processes of the initial and final stages of the nuclear fuel cycle (NTC was shown. The authors reveal key players in the markets of natural uranium mining, conversion, enrichment, fabrication of nuclear fuel, direct disposal, and reprocessing as well as determine their market shares. The article shows the fundamental factors influencing the development trends of the global nuclear power market such as: units’ commissioning in China, India, the Republic of Korea and other countries, the restart of the Japanese nuclear power plants, growth of uranium supplies long-term contracting planned for the period up to 2025, volatility of world prices of the NFC initial and final stages, political, economic and environmental reasons for the nuclear power generation choice. The article presents the results of analyses of Russian and world prices on the NFC initial and final stages main processes’ allowing to draw a conclusion about the current competitiveness of Russian nuclear energy technologies

Globalization drivers and their impact on Lithuanian economic growth and development

OpenAIRE

Jatuliavičienė, Gražina; Kučinskienė, Marija

2005-01-01

The accelerating changes of business environment raise the necessity of new perception of economic development in long-term perspective and evaluation of the globalization of markets, which has been manifesting itself quite rapidly. The driving force behind the globalization processes, which are encouraged by the growing market needs and reducing trade barriers between national economies, is the global economy. Is the present-day position of Lithuanian companies, when entering the new global ...

THE IMPACT OF GLOBAL ECONOMIC CONTRACTION TOWARDS LENDING BEHAVIOR OF BANKS IN INDONESIA

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Rizky Yudaruddin

2017-03-01

Full Text Available The global financial crisis of 2008 that hit many countries had become an important concern, especially thebanking industry in Indonesia. This was because first, the experience of the economic crisis of 1997-1998.Second, the nature of the crisis could spread to other countries. So this study aimed to examine empirically theimpact of the global economic contraction on the behavior of bank credit in Indonesia. Using panel data sourcefrom the Word Bank and Bank Indonesia Year 2004-2012, the data were analyzed with Dynamic Panel Datausing E-views program 8. The results showed that the global economic contraction had a significant effect onthe behavior of credit in foreign and joint venture banks in Indonesia in 2004-2012.

IN SEARCH OF THE GLOBAL ECONOMIC SUPREMACY: CHINA VERSUS USA

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SORIN-GEORGE TOMA

2017-11-01

Full Text Available The roots of the global economy can be found in the 15th century. It started with the expansion of trade and distribution and continued with the development of industry and services. The global economy has changed significantly during the past decades, especially after the fall of the Berlin Wall in 1989. Governments, policymakers, researchers, businessmen, managers or social activists, are highly interested in understanding the way the global economy works today. As the topic of global economy is interdisciplinary and complex it can be studied from different perspectives and levels of analysis. The macro level deals with international organizations and regimes, the meso level emphasizes the role played by countries and companies, and the micro level insists on the literature related to globalization and transnational movements. The aims of the paper are to present the evolution of the world’s ten largest economies by gross domestic product in the period 2015-2016 and to emphasize the economic competition between the USA and China. The research methodology is based on a quantitative method. The results of the paper show that these two powerful economies are the main protagonists in the race for economic supremacy and emphasize the Chinese challenge to the American dominance.

The Cyclicity of the Development of the Global Economic System amid Present-Day Globalization

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Mihail N. Dudin

2014-10-01

Full Text Available The relevance of this topic is associated with the diversity of causes behind crisis processes in economics and the individuality of each particular crisis. This necessitates classifying them in a detailed fashion. The present downturn is a manifestation of the cyclicity of the development of the global economic system amid present-day globalization and the established architecture of the institutional space. The formal (legislation, contractual rules, corporate norms, etc. and non-formal institutes (rules, customs, traditions, behavior as a whole, etc., undergoing changes in their structure and mechanisms, caused the emergence of financial innovations whose yield surpassed that of the real sector of the economy multifold. This facilitated the concentration of money in financial markets and transforming them into a thing-in-itself. The theory of economic cycles is one of the theories of economic dynamics which explain the movement of the national economy. While the theory of economic growth explores factors and conditions for growth as a long-term trend, the theory of cycles deals with causes behind fluctuations in economic activity through time. Results. In accordance with the aims of this study, the authors established that crises can have the following causes: objective, which are associated with the cyclical development of the system, modernization and restructuring needs, and the impact of external factors, and subjective, which reflect errors in management, shortcomings in the organization of production, and the imperfections of innovation and investment policy. A crisis can take its course manifestly and be easily detected or can be inconspicuous and take its course in a latent form. The most dangerous are crises that affect the system as a whole. In a situation of this kind, there forms a train of complex issues resolving which depends on the timeliness of detecting them and professionalism in managing the organization, municipal

Socio-Economic Inequality, Human Trafficking, and the Global Slave Trade

Directory of Open Access Journals (Sweden)

John R. Barner

2014-04-01

Full Text Available The purpose of this paper is to discuss human trafficking within the broader framework of socio-economic inequality. The presence of socio-economic inequality in the world creates a system where those in power very easily dominate and take advantage of those people without power. One of the most serious contemporary effects of inequalities between and within nations is the phenomenon of global sex trade or human trafficking for the purposes of sex. Deriving from unequal power relations, human trafficking is a serious global crime that involves the exploitation of many, but mostly females and children. This paper provides an extensive discussion of inequality and its links with human trafficking as contemporary slavery. In conclusion, the paper provides a list of selected intra-national and multi-national service organizations that are adopting strategies for combating trafficking through the reduction of social and economic inequality. Implications for social welfare advocates and international collaborative efforts are highlighted.

WESTERN BALKANS’ COUNTRIES IN FOCUS OF GLOBAL ECONOMIC CRISIS

OpenAIRE

Engjell PERE; Albana HASHORVA

2011-01-01

The paper intends to analyze the impact of global economic crisis on the economies of Western Balkan Region. Albania, Bosnia & Herzegovina, Croatia, Macedonia (FYROM), Montenegro, Serbia, and Kosovo are part of this Region. The purpose of the paper is not to analyze the global crisis impact on specific sectors of the economies of the Western Balkan Countries, indeed, it focuses mainly on the macroeconomic level, identifying and analyzing fluctuations of major macroeconomic indicators of the e...

STAKEHOLDERS’ OPINIONS AND EXPECTATIONS OF THE GLOBAL FUND AND THEIR POTENTIAL ECONOMIC IMPLICATIONS

Science.gov (United States)

Galárraga, Omar; Bertozzi, Stefano M.

2009-01-01

Objective To analyze stakeholder opinions and expectations of the Global Fund to Fight AIDS, Tuberculosis, and Malaria, and to discuss their potential economic and financial implications. Design The Global Fund commissioned an independent study, the “360° Stakeholder Assessment,” to canvas feedback on the organization’s reputation and performance with an on-line survey of 909 respondents representing major stakeholders worldwide. We created a proxy for expectations based on categorical responses for specific Global Fund attributes’ importance to the stakeholders, and current perceived performance. Methods Using multivariate regression, we analyzed 23 unfulfilled expectations related to: resource mobilization; impact measurement; harmonization and inclusion; effectiveness of the Global Fund partner environment; and portfolio characteristics. The independent variables are personal- and regional-level characteristics that affect expectations. Results The largest unfulfilled expectations relate to: mobilization of private sector resources; efficiency in disbursing funds; and assurance that people affected by the three diseases are reached. Stakeholders involved with the Fund through the Country Coordinating Mechanisms, those working in multilateral organizations, and persons living with HIV are more likely to have unfulfilled expectations. In contrast, higher levels of involvement with the Fund correlate with fulfilled expectations. Stakeholders living in sub-Saharan Africa were less likely to have their expectations met. Conclusions Stakeholders unfulfilled expectations result largely from factors external to them, but also from factors over which they have influence. In particular, attributes related to partnership score poorly even though stakeholders have influence in that area. Joint efforts to address perceived performance gaps may improve future performance, and positively influence investment levels and economic viability. PMID:18664957

Global Ocean Currents Database (GOCD) (NCEI Accession 0093183)

Data.gov (United States)

National Oceanic and Atmospheric Administration, Department of Commerce — The Global Ocean Currents Database (GOCD) is a collection of quality controlled ocean current measurements such as observed current direction and speed obtained from...

Uncertain impacts on economic growth when stabilizing global temperatures at 1.5°C or 2°C warming

Science.gov (United States)

Pretis, Felix; Schwarz, Moritz; Tang, Kevin; Haustein, Karsten; Allen, Myles R.

2018-05-01

Empirical evidence suggests that variations in climate affect economic growth across countries over time. However, little is known about the relative impacts of climate change on economic outcomes when global mean surface temperature (GMST) is stabilized at 1.5°C or 2°C warming relative to pre-industrial levels. Here we use a new set of climate simulations under 1.5°C and 2°C warming from the `Half a degree Additional warming, Prognosis and Projected Impacts' (HAPPI) project to assess changes in economic growth using empirical estimates of climate impacts in a global panel dataset. Panel estimation results that are robust to outliers and breaks suggest that within-year variability of monthly temperatures and precipitation has little effect on economic growth beyond global nonlinear temperature effects. While expected temperature changes under a GMST increase of 1.5°C lead to proportionally higher warming in the Northern Hemisphere, the projected impact on economic growth is larger in the Tropics and Southern Hemisphere. Accounting for econometric estimation and climate uncertainty, the projected impacts on economic growth of 1.5°C warming are close to indistinguishable from current climate conditions, while 2°C warming suggests statistically lower economic growth for a large set of countries (median projected annual growth up to 2% lower). Level projections of gross domestic product (GDP) per capita exhibit high uncertainties, with median projected global average GDP per capita approximately 5% lower at the end of the century under 2°C warming relative to 1.5°C. The correlation between climate-induced reductions in per capita GDP growth and national income levels is significant at the p economic inequality between countries and is relevant to discussions of loss and damage under the United Nations Framework Convention on Climate Change. This article is part of the theme issue `The Paris Agreement: understanding the physical and social challenges for a

Uncertain impacts on economic growth when stabilizing global temperatures at 1.5°C or 2°C warming

Science.gov (United States)

Schwarz, Moritz; Tang, Kevin; Haustein, Karsten; Allen, Myles R.

2018-01-01

Empirical evidence suggests that variations in climate affect economic growth across countries over time. However, little is known about the relative impacts of climate change on economic outcomes when global mean surface temperature (GMST) is stabilized at 1.5°C or 2°C warming relative to pre-industrial levels. Here we use a new set of climate simulations under 1.5°C and 2°C warming from the ‘Half a degree Additional warming, Prognosis and Projected Impacts' (HAPPI) project to assess changes in economic growth using empirical estimates of climate impacts in a global panel dataset. Panel estimation results that are robust to outliers and breaks suggest that within-year variability of monthly temperatures and precipitation has little effect on economic growth beyond global nonlinear temperature effects. While expected temperature changes under a GMST increase of 1.5°C lead to proportionally higher warming in the Northern Hemisphere, the projected impact on economic growth is larger in the Tropics and Southern Hemisphere. Accounting for econometric estimation and climate uncertainty, the projected impacts on economic growth of 1.5°C warming are close to indistinguishable from current climate conditions, while 2°C warming suggests statistically lower economic growth for a large set of countries (median projected annual growth up to 2% lower). Level projections of gross domestic product (GDP) per capita exhibit high uncertainties, with median projected global average GDP per capita approximately 5% lower at the end of the century under 2°C warming relative to 1.5°C. The correlation between climate-induced reductions in per capita GDP growth and national income levels is significant at the p economic inequality between countries and is relevant to discussions of loss and damage under the United Nations Framework Convention on Climate Change. This article is part of the theme issue ‘The Paris Agreement: understanding the physical and social challenges for

Sovereign Wealth Funds as Global Economic and Political Actors: Defining of Notions

Directory of Open Access Journals (Sweden)

Андрей Алексеевич Кинякин

2014-12-01

Full Text Available The article devoted to consideration of sovereign wealth funds (SWF as economic and political actors as well as analysis of different forms of their activity in the contemporary global economics and politics. The author comes to the conclusion, that sovereign wealth funds play not only the role of providers of interests of the national states, but being the special purpose vehicles (SPV, designated to fulfill the different tasks, turn out to be the new type of global actors.

Global health and economic impacts of future ozone pollution

International Nuclear Information System (INIS)

Selin, N E; Nam, K M; Reilly, J M; Paltsev, S; Prinn, R G; Webster, M D; Wu, S

2009-01-01

We assess the human health and economic impacts of projected 2000-2050 changes in ozone pollution using the MIT Emissions Prediction and Policy Analysis - Health Effects (EPPA-HE) model, in combination with results from the GEOS-Chem global tropospheric chemistry model of climate and chemistry effects of projected future emissions. We use EPPA-HE to assess the human health damages (including mortality and morbidity) caused by ozone pollution, and quantify their economic impacts in sixteen world regions. We compare the costs of ozone pollution under scenarios with 2000 and 2050 ozone precursor and greenhouse gas emissions (using the Intergovernmental Panel on Climate Change (IPCC) Special Report on Emissions Scenarios (SRES) A1B scenario). We estimate that health costs due to global ozone pollution above pre-industrial levels by 2050 will be $580 billion (year 2000$) and that mortalities from acute exposure will exceed 2 million. We find that previous methodologies underestimate costs of air pollution by more than a third because they do not take into account the long-term, compounding effects of health costs. The economic effects of emissions changes far exceed the influence of climate alone.

Global economic governance in the G20: perspectives on a working agenda

Directory of Open Access Journals (Sweden)

Marcelo Saguier

2011-07-01

Full Text Available The international financial crisis unleashed in 2008 has given renewed prominence to the Group of 20 (G20 as the main forum of governance in the world economy. The main challenge of G20 is to articulate a political dialogue that can generate a basic consensus for a new paradigm of globalization that not only can overcome the current crisis, but also ensure social and environmental sustainability of a new growth model in a context post-neoliberal. Unlike other international crises, the G20 acknowledges that employment and social security are imperative agendas for sustainable economic recovery. The incorporation of this agenda results from the joint leadership of Brazil and Argentina in coalition with the International Labour Organization (ILO and the international labor movement. The article discusses the content and scope of the labor agenda in response to changes in the international political context marked by a restoration of neoliberal globalization.

Isolationism versus Geopolitics: The Dual Role of the Eurasian Economic Union in Global Governance

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Maxim Bratersky

2016-09-01

Full Text Available This article conceptualizes ongoing efforts to develop the Eurasian Economic Union (EEU, initiated by Russia, Belarus and Kazakhstan in 2011. Engaging with two major theoretical perspectives, it establishes to what extent the EEU’s construction and potential expansion is economic regionalism (interpreted also as an isolationist strategy driven by Russia led geopolitical motives. The political-economy debate of Eurasia goes beyond a common tariff area and a common market within the territory of the former USSR. Increasingly, it involves the establishment of a common monetary area. China’s Silk Road Economic Belt is building a foundation for a new Eurasia – one of the global economic and political players of this century. The economic reasons pursued by Russia in its Eurasian initiative are inseparable from economic problems of geopolitical significance. The overarching objective of Russian policy is to establish a regional economic fusion, with significant economic sovereignty and strong political influence; that is, to become the new centre of power in the global economy of the 21st century. Correspondingly, although Russian integration policy in Eurasia has not been formulated in an anti-American way, if it is successful the likely consequence will be the withdrawal of a significant segment of the global market from the economic dominance and political influence of western-led economic blocs.

Global occupational health: current challenges and the need for urgent action.

Science.gov (United States)

Lucchini, Roberto G; London, Leslie

2014-01-01

Global occupational health and safety (OHS) is strictly linked to the dynamics of economic globalization. As the global market is increasing, the gap between developed and underdeveloped countries, occupational diseases, and injuries affect a vast number of workers worldwide. Global OHS issues also become local in developed countries due to many factors, including untrained migrant workers in the informal sector, construction, and agriculture. To identify the current status and challenges of global occupational health and safety and the needs for preventive action. Absence of OHS infrastructure amplifies the devastating consequences of infectious outbreaks like the Ebola pandemic and tuberculosis. Interventions in global OHS are urgently needed at various levels: 1. Increased governmental funding is needed for international organizations like the World Health Organization and the International Labor Organization to face the increasing demand for policies, guidance, and training. 2. Regulations to ban and control dangerous products are needed to avoid the transfer of hazardous production to developing countries. 3. The OHS community must address global OHS issues through advocacy, position papers, public statements, technical and ethical guidelines, and by encouraging access of OHS professionals from the developing countries to leadership positions in professional and academic societies. 4. Research, education, and training of OHS professionals, workers, unions and employers are needed to address global OHS issues and their local impact. 5. Consumers also can influence significantly the adoption of OHS practices by demanding the protection of workers who are producing he goods that are sold in the global market. Following the equation of maximized profits prompted by the inhibition of OHS is an old practice that has proven to cause significant costs to societies in the developed world. It is now an urgent priority to stop this process and promote a harmonized global

Global warming, energy use, and economic growth

Science.gov (United States)

Khanna, Neha

The dissertation comprises four papers that explore the interactions between global warming, energy use, and economic growth. While the papers are separate entities, they share the underlying theme of highlighting national differences in the growth experience and their implications for long-term energy use and climate change. The first paper provides an overview of some key economic issues in the climate change literature. In doing so, the paper critically appraises the 1995 draft report of Working Group III of the Intergovernmental Panel on Climate Change. The focus is the choice of a pure rate of time preference in the economic modeling of climate change, abatement costs differentials between developed and developing countries, and contrasting implications of standard discount rates and value of life estimates for these two country groups. The second paper develops a global model that takes account of the depletion of oil resources in the context of a geo-economic model for climate change. It is found that in the presence of non-decreasing carbon and energy intensities and declining petroleum availability, the carbon emissions trajectory is much higher than that typically projected by other models of this genre. Furthermore, by introducing price and income sensitive demand functions for fossil fuels, the model provides a framework to assess the effectiveness of fuel specific carbon taxes in reducing the COsb2 emissions trajectory. Cross-price substitution effects necessitate unrealistically high tax rates in order to lower the projected emissions trajectory to the optimal level. The economic structure of five integrated assessment models for climate change is reviewed in the third paper, with a special focus on the macroeconomic and damage assessment modules. The final paper undertakes an econometric estimation of the changing shares of capital, labour, energy, and technical change in explaining the growth patterns of 38 countries. Production elasticities vary by

Eurasian Economic Union: Opportunities and Barriers to Regional and Global Leadership

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In Andronova

2016-09-01

Full Text Available The Eurasian Economic Union (EEU is a new integration grouping in the post-Soviet space that is generating heightened interest as a global economy with the potential to become a new regional and global actor. This article analyzes the effectiveness of the Eurasian integration processes and proposes several actions to strengthen economic relations among EEU members through detecting and building common economic interests. Russia accounts for as much as 87% of the EEU’s geo-economic potential, which stresses the country’s role as anintegrative hub. The EEU benefits are thus unevenly distributed among its participants. Moreover, these benefits lack consistency and long-term orientation, which may threaten the EEU’s existence if markets and international economic relations change.This article analyses the interrelation and interdependency of national economies in terms of the mutual trade in goods and services and investment cooperation. It finds that the level of economic integration does not meet the interests of strengthening Eurasian integration. Despite the huge benefits of the Customs Union, trade volumes have not increased and the structure of manufacturing and cooperation ties remain unchanged. This article recommends that developing and implementing a common industrial and agricultural policy would strengthen the EEU, and proposes an approach to estimate the results of such a policy.

The global impact of ozone on agricultural crop yields under current and future air quality legislation

Science.gov (United States)

Van Dingenen, Rita; Dentener, Frank J.; Raes, Frank; Krol, Maarten C.; Emberson, Lisa; Cofala, Janusz

In this paper we evaluate the global impact of surface ozone on four types of agricultural crop. The study is based on modelled global hourly ozone fields for the year 2000 and 2030, using the global 1°×1° 2-way nested atmospheric chemical transport model (TM5). Projections for the year 2030 are based on the relatively optimistic "current legislation (CLE) scenario", i.e. assuming that currently approved air quality legislation will be fully implemented by the year 2030, without a further development of new abatement policies. For both runs, the relative yield loss due to ozone damage is evaluated based on two different indices (accumulated concentration above a 40 ppbV threshold and seasonal mean daytime ozone concentration respectively) on a global, regional and national scale. The cumulative metric appears to be far less robust than the seasonal mean, while the seasonal mean shows satisfactory agreement with measurements in Europe, the US, China and Southern India and South-East Asia. Present day global relative yield losses are estimated to range between 7% and 12% for wheat, between 6% and 16% for soybean, between 3% and 4% for rice, and between 3% and 5% for maize (range resulting from different metrics used). Taking into account possible biases in our assessment, introduced through the global application of "western" crop exposure-response functions, and through model performance in reproducing ozone-exposure metrics, our estimates may be considered as being conservative. Under the 2030 CLE scenario, the global situation is expected to deteriorate mainly for wheat (additional 2-6% loss globally) and rice (additional 1-2% loss globally). India, for which no mitigation measures have been assumed by 2030, accounts for 50% of these global increase in crop yield loss. On a regional-scale, significant reductions in crop losses by CLE-2030 are only predicted in Europe (soybean) and China (wheat). Translating these assumed yield losses into total global economic

Un análisis econométrico del calentamiento global

OpenAIRE

Corzo Ardila, Hegny Yohana

2016-01-01

El análisis econométrico del calentamiento global no es una tarea sencilla, es necesario tener en cuenta el comportamiento de diversas variables a lo largo del tiempo y las relaciones que existen entre ellas.Teniendo en cuenta que se establecen dos teorías que explican el fenómeno del calentamiento global, los resultados de este análisis demuestran nuestro apoyo a la teoría del calentamiento global antropogenico, es decir causado por la actividad humana descartando un calentamiento de tipo n...

Using Cultural Diversity in Teaching Economics: Global Business Implications

Science.gov (United States)

Mitry, Darryl J.

2008-01-01

Globalization and increasing cross-cultural interactivity have implications for education in general and may also present valuable pedagogical opportunities in the practice of teaching economics for business students. Therefore, the author investigated this proposition and offers some empirical observations from research and teaching experiments.…

RISK MANAGEMENT IN LENDING INSTITUTIONS IN THE CONTEXT OF ECONOMIC GLOBALIZATION

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BOGHEAN FLORIN

2014-05-01

Full Text Available The Romanian companies are nowadays facing process of extinction of decisions based on risk and uncertainty, as a consequence of the permanent transforming process of the economy and because of the privatization, restructuring and globalization activities. The main forms of risk are can be grouped in eight categories: economical risks, financial risks, commercial risks, manufacturing risks, political risks, social risks, juridical risks, natural risks. Through its nature the decision is referring to the future, mainly being provisional. In any decisional process developed at the company level, there are involved in the same time some economical, techniques, juridical, human and managerial variables. The economic recession generated by the chaos affecting financial systems has profoundly distressed the public, business circles and political leaders. The crisis has inexorably had negative effects on global economic growth and will have political, strategic and social consequences as well. The contents of this paper encompasses theoretical and practical aspects, quantitative and qualitative analyses, all aimed at identifying, analysing and controlling bank risks and, last but not least, at managing these risks.

Global fate of POPs: Current and future research directions

International Nuclear Information System (INIS)

Lohmann, Rainer; Breivik, Knut; Dachs, Jordi; Muir, Derek

2007-01-01

For legacy and emerging persistent organic pollutants (POPs), surprisingly little is still known in quantitative terms about their global sources and emissions. Atmospheric transport has been identified as the key global dispersal mechanism for most legacy POPs. In contrast, transport by ocean currents may prove to be the main transport route for many polar, emerging POPs. This is linked to the POPs' intrinsic physico-chemical properties, as exemplified by the different fate of hexachlorocyclohexanes in the Arctic. Similarly, our current understanding of POPs' global transport and fate remains sketchy. The importance of organic carbon and global temperature differences have been accepted as key drivers of POPs' global distribution. However, future research will need to understand the various biogeochemical and geophysical cycles under anthropogenic pressures to be able to understand and predict the global fate of POPs accurately. - Future studies into the global fate of POPs will need to pay more attention to the various biogeochemical and anthropogenic cycles to better understand emissions, transport and sinks

Review of economic and energy sector implications of adopting global climate change policies

Energy Technology Data Exchange (ETDEWEB)

Novak, M.H.

1997-12-31

This paper summarizes a number of studies examining potential economic impacts of global climate change policies. Implications for the United States as a whole, the U.S. energy sector, the U.S. economy, businesses and consumers, and world economies are considered. Impact assessments are performed of U.S. carbon emissions, carbon taxes, and carbon restrictions by comparing estimates from various organizations. The following conclusions were made from the economic studies: (1) the economic cost of carbon abatement is expensive; (2) the cost of unilateral action is very expensive with little quantifiable evidence that global emissions are reduced; (3) multilateral actions of developed countries are also very expensive, but there is quantifiable evidence of global emissions reductions; and (4) global actions have only been theoretically addressed. Paralleling these findings, the energy analyses show that the U.S. is technologically unprepared to give up fossil fuels. As a result: (1) carbon is not stabilized without a high tax, (2) stabilization of carbon is elusive, (3) technology is the only long-term answer, and (4) targeted programs may be appropriate to force technology development. 8 tabs.

The Global Economic Crisis, Poverty and Education: A Perspective from India

Science.gov (United States)

Nambissan, Geetha B.

2010-01-01

Debates on the global economic recession have failed to draw adequate attention to the meaning of the crisis for the poor and their education, especially in later developing societies. In this paper, I focus on the education of children of the poor in India--a country that has experienced economic slowdown rather than recession. Available research…

Globalization and the identity dilemma

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Alina-Petronela NEGREA

2012-09-01

Full Text Available The paper begins with a review of theoretical aspects including a conceptual delimitation of the term “economic globalization” from the perspective of different theorists, its main features, dimensions and vectors that boost and promote the process expansion. The phenolmenon is extensive, complex and difficult to control, fact that includes in this “wave” of globalization advantages and disadvantages also.The globalization of the economic activity is studied through globalization indicators such as: FDI, financial dimension, the role of transnational economic actors in the global economy, the relationship between international trade growth and increased domestic production, internationalization of the financial markets. The structure of the global economic system and the problems that the current global economy is facing are also analysed.The “thorny” subject of the influence that globalization has on national identity from an economic perspective is seen through the eyes of Romania, analyzing the economic implications of globalization for our country, how much the identity of Romanian companies was affected over the last years, which are now the Romanian multinationals and what challenges and opportunities globalization has brought to the country that was written with envy during the interwar period that is has “oil and wheat”.

ASEAN: perspectives on economic integration: ASEAN in Asia economic integration

OpenAIRE

Shaobang Kang

2009-01-01

Asia is one continent which has the most dynamic and the fastest developing economies in the world. But Asia’s economic integration is developing too slowly and stands at the lowest level in the world. Many factors have affected Asia’s economic integration but, in the current global financial and economic crisis, it is necessary to strengthen Asian countries’ cooperation in finance, investment and trade to promote Asia’s economic integration. As the healthiest and most integrated regional org...

GLOBAL ECONOMIC CRISIS: EXPERIENCE OF TURKEY AS THE MODEL OF RECOVERY

OpenAIRE

NEVZAT TETIK

2012-01-01

Between the years 1820-2008, there have been many economic crises in the World. Each of the crises had different intensity, scope and dimension. 2008 global crisis also had distinctive features. Starting with U.S. financial crisis, with a domino effect of financial instruments, the crisis deepened and shifted to global dimension without any discontinuity. Effects of the 2008 global crisis, as countries could not reach financial balance and could not implement policies that would restart econo...

Networks of European cities in worlds of global economic and environmental change

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Ben Derudder

2010-11-01

Full Text Available Geographers use a variety of economic, social, and demographic data to measure the importance of global cities and the linkages between cities. We analyze the importance and connectedness of European cities using hyperlinks, or the electronic information provided by the Google Search engine. Hyperlinks are Web sites representing information that is produced; they are especially useful in measuring the impact of contemporary crises. We use the phrases economic slowdown and global financial crisis to derive a Global Financial Score (GFS for 16 core, semiperiphery and peripheral European cities and global warming and climate change to derive a Global Environmental Score (GES. London and Paris are in the European core; Rome, Dublin, Madrid and Prague are in the semiperiphery; while Tallinn, Riga, and Belgrade are in the periphery. A strong positive relationship exists between the GES and GFS. We examine the linkages of the 16 cities to the 100 largest world cities and illustrate, with “clockgrams,” the linkages London, Brussels and Athens have with other world cities. We calculated the number of linkages each of the 16 cities had with other world cities to identify Europe’s urban cores, semiperipheries, peripheries, and deep peripheries. New York is in the core of both the economic and environmental maps. Some world cities are in the semiperiphery of one category and periphery of another. Milan, Istanbul, and Delhi are in the deep periphery for the GFS while Toronto and Athens are for the GES. Hyperlinks represent valuable databases to measure the impact of crises and regional and global urban linkages.

The Gulf Cooperation Council countries – economic structures, recent developments and role in the global economy

OpenAIRE

Michael Sturm; Jan Strasky; Petra Adolf; Dominik Peschel

2008-01-01

In the wake of high and rising oil prices since 2003, the member states of the Gulf Cooperation Council (GCC) have seen dynamic economic development, enhancing their role in the global economy as investors and trade partners. Real GDP growth has been buoyant, with non-oil activity expanding faster than oil GDP. Macroeconomic developments have also been characterised by large fiscal and current account surpluses as a result of rising oil revenues, notwithstanding fiscal expansion and rapid imp...

Three Global Land Cover and Use Stage considering Environmental Condition and Economic Development

Science.gov (United States)

Lee, W. K.; Song, C.; Moon, J.; Ryu, D.

2016-12-01

The Mid-Latitude zone can be broadly defined as part of the hemisphere between around 30° - 60° latitude. This zone is a home to over more than 50% of the world population and encompasses about 36 countries throughout the principal regions which host most of the global problems related to development and poverty. Mid-Latitude region and its ecotone demands in-depth analysis, however, latitudinal approach has not been widely recognized, considering that many of natural resources and environment indicators, as well as social and economic indicators are based on administrative basis or by country and regional boundaries. This study sets the land cover change and use stage based on environmental condition and economic development. Because various land cover and use among the regions, form vegetated parts of East Asia and Mediterranean to deserted parts of Central Asia, the forest area was varied between countries. In addition, some nations such as North Korea, Afghanistan, Pakistan showed decreasing trends in forest area whereas some nations showed increasing trends in forest area. The economic capacity for environmental activities and policies for restoration were different among countries. By adopting the standard from IMF or World Bank, developing and developed counties were classified. Based on the classification, this study suggested the land cover and use stages as degradation, restoration, and sustainability. As the degradation stage, the nations which had decreasing forest area with less environmental restoration capacity based on economic size were selected. As the restoration stage, the nation which had increasing forest area or restoration capacity were selected. In the case of the sustainability, the nation which had enough restoration capacity with increasing forest area or small ratio in forest area decreasing were selected. In reviewing some of the past and current major environmental challenges that regions of Mid-Latitudes are facing, grouping by

Impact of Global Economic Crisis on Technical and Vocational ...

African Journals Online (AJOL)

The study examined the relationship between global economic crisis (GEC) and inadequacy of facilities for administration of the Technical and. Vocational Education. The descriptive survey design with a random sample of 100 technical teachers from a population of 139 technical teachers in all six Technical Colleges in ...

The global pattern of urbanization and economic growth: evidence from the last three decades.

Science.gov (United States)

Chen, Mingxing; Zhang, Hua; Liu, Weidong; Zhang, Wenzhong

2014-01-01

The relationship between urbanization and economic growth has been perplexing. In this paper, we identify the pattern of global change and the correlation of urbanization and economic growth, using cross-sectional, panel estimation and geographic information systems (GIS) methods. The analysis has been carried out on a global geographical scale, while the timescale of the study spans the last 30 years. The data shows that urbanization levels have changed substantially during these three decades. Empirical findings from cross-sectional data and panel data support the general notion of close links between urbanization levels and GDP per capita. However, we also present significant evidence that there is no correlation between urbanization speed and economic growth rate at the global level. Hence, we conclude that a given country cannot obtain the expected economic benefits from accelerated urbanization, especially if it takes the form of government-led urbanization. In addition, only when all facets are taken into consideration can we fully assess the urbanization process.

The global pattern of urbanization and economic growth: evidence from the last three decades.

Directory of Open Access Journals (Sweden)

Mingxing Chen

Full Text Available The relationship between urbanization and economic growth has been perplexing. In this paper, we identify the pattern of global change and the correlation of urbanization and economic growth, using cross-sectional, panel estimation and geographic information systems (GIS methods. The analysis has been carried out on a global geographical scale, while the timescale of the study spans the last 30 years. The data shows that urbanization levels have changed substantially during these three decades. Empirical findings from cross-sectional data and panel data support the general notion of close links between urbanization levels and GDP per capita. However, we also present significant evidence that there is no correlation between urbanization speed and economic growth rate at the global level. Hence, we conclude that a given country cannot obtain the expected economic benefits from accelerated urbanization, especially if it takes the form of government-led urbanization. In addition, only when all facets are taken into consideration can we fully assess the urbanization process.

The sustainable management and protection of forests: analysis of the current position globally.

Science.gov (United States)

Freer-Smith, Peter; Carnus, Jean-Michel

2008-06-01

The loss of forest area globally due to change of land use, the importance of forests in the conservation of biodiversity and in carbon and other biogeochemical cycles, together with the threat to forests from pollution and from the impacts of climate change, place forestry policy and practice at the center of global environmental and sustainability strategy. Forests provide important economic, environmental, social, and cultural benefits, so that in forestry, as in other areas of environmental policy and management, there are tensions between economic development and environmental protection. In this article we review the current information on global forest cover and condition, examine the international processes that relate to forest protection and to sustainable forest management, and look at the main forest certification schemes. We consider the link between the international processes and certification schemes and also their combined effectiveness. We conclude that in some regions of the world neither mechanism is achieving forest protection, while in others local or regional implementation is occurring and is having a significant impact. Choice of certification scheme and implementation of management standards are often influenced by a consideration of the associated costs, and there are some major issues over the monitoring of agreed actions and of the criteria and indicators of sustainability. There are currently a number of initiatives seeking to improve the operation of the international forestry framework (e.g., The Montreal Process, the Ministerial Convention of the Protection of Forests in Europe and European Union actions in Europe, the African Timber Organisation and International Tropical Timber Organisation initiative for African tropical forest, and the development of a worldwide voluntary agreement on forestry in the United Nations Forum on Forests). We suggest that there is a need to improve the connections between scientific understanding

THE PRESENT GLOBAL ECONOMIC DEVELOPMENT AFTER CRISES AND LOCAL AND REGIONAL CONFLICTS

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Ionel–Lucian SANDU

2015-06-01

Full Text Available The actual article is intended to underline the way in which crises and local and regional conflicts nowadays influence the global economic development The dependence of the small states on the actions of the more developed countries, the economic growth accelerated by the scientific-technological developments and the attitude of the geopolitical actors on global context, describe in detail the ideas extracted from the theme of this article. The economic development is necessary, convenient and unavoidable, the main problems appearing when the main raw materials and essential resources for human survival must be insured. The present international relations and the ways in which political-diplomatic differences are solved, support the need of existence and involvement of some organizations and unbiased pacifist forums wherever societies have differences of opinions.

Global fate of POPs: Current and future research directions

Energy Technology Data Exchange (ETDEWEB)

Lohmann, Rainer [Graduate School of Oceanography, University of Rhode Island, Narragansett, RI 02882-1197 (United States)], E-mail: lohmann@gso.uri.edu; Breivik, Knut [Norwegian Institute for Air Research, PO Box 100, NO-2027 Kjeller (Norway); University of Oslo, Department of Chemistry, PO Box 1033, NO-0315 Oslo (Norway); Dachs, Jordi [Department of Environmental Chemistry, Institute of Chemical and Environmental Research (IIQAB-CSIC), Jordi Girona 18-26, Barcelona 08034 (Spain); Muir, Derek [Aquatic Ecosystem Protection Research Division, Environment Canada, 867 Lakeshore Road, Burlington, ON L7R4A6 (Canada)

2007-11-15

For legacy and emerging persistent organic pollutants (POPs), surprisingly little is still known in quantitative terms about their global sources and emissions. Atmospheric transport has been identified as the key global dispersal mechanism for most legacy POPs. In contrast, transport by ocean currents may prove to be the main transport route for many polar, emerging POPs. This is linked to the POPs' intrinsic physico-chemical properties, as exemplified by the different fate of hexachlorocyclohexanes in the Arctic. Similarly, our current understanding of POPs' global transport and fate remains sketchy. The importance of organic carbon and global temperature differences have been accepted as key drivers of POPs' global distribution. However, future research will need to understand the various biogeochemical and geophysical cycles under anthropogenic pressures to be able to understand and predict the global fate of POPs accurately. - Future studies into the global fate of POPs will need to pay more attention to the various biogeochemical and anthropogenic cycles to better understand emissions, transport and sinks.

Development Education for the American Teenager through Home Economics. Global Connections. Teacher's Guide.

Science.gov (United States)

Kister, Joanna; Montgomery, Wanda

This teaching guide provides materials on how to implement a global education curriculum into the home economics program. The stated objective is to motivate students to become more caring and responsible citizens of the global village. Contents include a list of student objectives, steps to take in implementing the global view curriculum, and…

Uncertain impacts on economic growth when stabilizing global temperatures at 1.5°C or 2°C warming.

Science.gov (United States)

Pretis, Felix; Schwarz, Moritz; Tang, Kevin; Haustein, Karsten; Allen, Myles R

2018-05-13

Empirical evidence suggests that variations in climate affect economic growth across countries over time. However, little is known about the relative impacts of climate change on economic outcomes when global mean surface temperature (GMST) is stabilized at 1.5°C or 2°C warming relative to pre-industrial levels. Here we use a new set of climate simulations under 1.5°C and 2°C warming from the 'Half a degree Additional warming, Prognosis and Projected Impacts' (HAPPI) project to assess changes in economic growth using empirical estimates of climate impacts in a global panel dataset. Panel estimation results that are robust to outliers and breaks suggest that within-year variability of monthly temperatures and precipitation has little effect on economic growth beyond global nonlinear temperature effects. While expected temperature changes under a GMST increase of 1.5°C lead to proportionally higher warming in the Northern Hemisphere, the projected impact on economic growth is larger in the Tropics and Southern Hemisphere. Accounting for econometric estimation and climate uncertainty, the projected impacts on economic growth of 1.5°C warming are close to indistinguishable from current climate conditions, while 2°C warming suggests statistically lower economic growth for a large set of countries (median projected annual growth up to 2% lower). Level projections of gross domestic product (GDP) per capita exhibit high uncertainties, with median projected global average GDP per capita approximately 5% lower at the end of the century under 2°C warming relative to 1.5°C. The correlation between climate-induced reductions in per capita GDP growth and national income levels is significant at the p  < 0.001 level, with lower-income countries experiencing greater losses, which may increase economic inequality between countries and is relevant to discussions of loss and damage under the United Nations Framework Convention on Climate Change.This article is part of

The global economic impact of manta ray watching tourism.

Science.gov (United States)

O'Malley, Mary P; Lee-Brooks, Katie; Medd, Hannah B

2013-01-01

As manta rays face increased threats from targeted and bycatch fisheries, manta ray watching tourism, if managed properly, may present an attractive economic alternative to consumptive use of these species. Both species in the genus Manta (Manta alfredi and Manta birostris) are classified by the International Union for the Conservation of Nature Red List as species Vulnerable to extinction in the wild, and are considered unsustainable as fisheries resources due to their conservative life history characteristics, which considerably reduce their ability to recover population numbers when depleted. Utilising dive operator surveys, Internet research, and a literature review, this study provides the first global estimate of the direct economic impact of manta ray watching tourism and examines the potential socio-economic benefits of non-consumptive manta ray watching operations relative to consumptive use of manta rays as a fishery resource. In the 23 countries in which manta ray watching operations meeting our criteria were identified, we estimated direct revenue to dive operators from manta ray dives and snorkels at over US$73 million annually and direct economic impact, including associated tourism expenditures, of US$140 million annually. Ten countries account for almost 93% of the global revenue estimate, specifically Japan, Indonesia, the Maldives, Mozambique, Thailand, Australia, Mexico, United States, Federated States of Micronesia and Palau. In many of the areas where directed fisheries for manta rays are known to occur, these activities overlap with manta ray tourism sites or the migratory range of the mantas on which these sites depend, and are likely to be unsustainable and detrimental to manta ray watching tourism.

Current globalization of drug interventional clinical trials: characteristics and associated factors, 2011-2013.

Science.gov (United States)

Jeong, Sohyun; Sohn, Minji; Kim, Jae Hyun; Ko, Minoh; Seo, Hee-Won; Song, Yun-Kyoung; Choi, Boyoon; Han, Nayoung; Na, Han-Sung; Lee, Jong Gu; Kim, In-Wha; Oh, Jung Mi; Lee, Euni

2017-06-21

Clinical trial globalization is a major trend for industry-sponsored clinical trials. There has been a shift in clinical trial sites towards emerging regions of Eastern Europe, Latin America, Asia, the Middle East, and Africa. Our study objectives were to evaluate the current characteristics of clinical trials and to find out the associated multiple factors which could explain clinical trial globalization and its implications for clinical trial globalization in 2011-2013. The data elements of "phase," "recruitment status," "type of sponsor," "age groups," and "design of trial" from 30 countries were extracted from the ClinicalTrials.gov website. Ten continental representative countries including the USA were selected and the design elements were compared to those of the USA. Factors associated with trial site distribution were chosen for a multilinear regression analysis. The USA, Germany, France, Canada, and United Kingdom were the "top five" countries which frequently held clinical trials. The design elements from nine continental representative countries were quite different from those of the USA; phase 1 trials were more prevalent in India (OR 1.517, p globalization of clinical trials in the emerging regions of Asia, South Africa, and Eastern Europe developed in parallel with the factors of economic drive, population for recruitment, and regulatory constraints.

Global Risks as Factors that Affect the Current system of international Relations

Directory of Open Access Journals (Sweden)

Irina A. Zaitseva

2017-01-01

Full Text Available The problem of the globalization of risks is examined in this article. Based on the World Economic Forum (WEF report on global risks 2015-2017, the impact of global risks on the social and economic development of countries is examined. Economic, social, environmental, geopolitical, technological risks are analyzed in a coordinated fashion. The article notes that the main risks are in the field of environment and ecology. Anthropogenic pressure amplification, scientific and technological advance have an influence on the natural environment. The risks of infrastructure and environmental damage in danger zone are increased because of the growth of the frequency of extreme weather events. The measures for the protection of the environment are examined. The unilateral approach to solving international issues, instead of the collective efforts of the international community; the deployment of weapons of mass destruction (nuclear, chemical, biological and technologies for the production of radioactive materials; escalation of economic and resource nationalization (the desire of States to expropriate or restrict the export of important for the world economy of resources, etc. promote the increasing geopolitical risks.Economic risks include the risk in terms of their likelihood their impact on the macroeconomic, as from the financial systems and infrastructure to price volatility and regulatory issues. Social risks are the risks relating to instability of population dynamics, social crises and human survival.Technological risks include such problems as software defects, failure of important information systems, upon which today industrial production is depended, the services and communications sector; the escalation of large-scale cyber-attacks; theft of electronic information and the illegal usage of personal data. The trends that can intensify the global risks or to change the correlation between them are analyzed in this article.

Economic impact of GM crops: the global income and production effects 1996-2012.

Science.gov (United States)

Brookes, Graham; Barfoot, Peter

2014-01-01

A key part of any assessment of the global value of crop biotechnology in agriculture is an examination of its economic impact at the farm level. This paper follows earlier annual studies which examined economic impacts on yields, key costs of production, direct farm income and effects, and impacts on the production base of the four main crops of soybeans, corn, cotton and canola. The commercialization of genetically modified (GM) crops has continued to occur at a rapid rate, with important changes in both the overall level of adoption and impact occurring in 2012. This annual updated analysis shows that there have been very significant net economic benefits at the farm level amounting to $18.8 billion in 2012 and $116.6 billion for the 17-year period (in nominal terms). These economic gains have been divided roughly 50% each to farmers in developed and developing countries. GM technology have also made important contributions to increasing global production levels of the four main crops, having added 122 million tonnes and 230 million tonnes respectively, to the global production of soybeans and maize since the introduction of the technology in the mid-1990s.

Global economic meltdown and its effects on human capital development in Nigeria: Lessons and way forward

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Kehinde Oladele Joseph

2011-10-01

Full Text Available Global economies around the world have experienced the most traumatic moments in the last one-decade. The crisis has been described by scholars, as perhaps been the worst financial crisis since the great economic depression of the 1930s. This paper lucidly examines the effects of global economic recession on the development of human capital with reference to Nigeria nation. The objectives of the paper among others are (i To establish the level of the impact of global economic recession on development of skills of human capital in Nigeria (ii To examine if there is any significant relationship between global economic recession and the motivation of human capital development in Nigeria among others. The paper uses survey method with two research hypotheses. Questionnaires were administered among academic staff of two Nigerian universities in the southwest part of Nigeria. Findings showed that the global economic recession has great impact on the development of skills of human capital in Nigeria. Findings also revealed that there exists a positive relationship between global economic recession and training and development of human capital in Nigeria. The paper offers useful policy recommendations, which include the need for government and appropriate agencies to put in place policies such as enabling environment that will lead to the growth and development of human capital in Nigeria. Government needs to put forward policies that minimize cost at all levels, maximize efficiency of output, training and retraining of goods hands; and that there is need to encourage better motivation of workers at every sector of the economy amongst others.

Nursing workforce policy and the economic crisis: a global overview.

Science.gov (United States)

Buchan, James; O'May, Fiona; Dussault, Gilles

2013-09-01

To assess the impact of the global financial crisis on the nursing workforce and identify appropriate policy responses. This article draws from international data sources (Organisation for Economic Co-operation and Development [OECD] and World Health Organization), from national data sources (nursing regulatory authorities), and the literature to provide a context in which to examine trends in labor market and health spending indicators, nurse employment, and nurse migration patterns. A variable impact of the crisis at the country level was shown by different changes in unemployment rates and funding of the health sector. Some evidence was obtained of reductions in nurse staffing in a small number of countries. A significant and variable change in the patterns of nurse migration also was observed. The crisis has had a variable impact; nursing shortages are likely to reappear in some OECD countries. Policy responses will have to take account of the changed economic reality in many countries. This article highlights key trends and issues for the global nursing workforce; it then identifies policy interventions appropriate to the new economic realities in many OECD countries. © 2013 Sigma Theta Tau International.

Global Financial and Economic Crisis and the EU Economic Governance Failure – Evidence From Spain

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Iulia Monica Oehler-Șincai

2012-10-01

Full Text Available The process of public sector restructuring, known in the economic literature as the New Public Management (NPM, came to a deadlock as the global financial and economic crisis broke out in 2008. The expansion of cheap credit, market dereglementation and asset securitization, speculative bubbles, the mixture of euphoria, greed and even naivety and ignorance of the economic players outlined an international financial system which was not subordinated any more to the real economy, but to the own principles, similar to Ponzi schemes or casino rules (Posner, 2011, Kindleberger and Aliber, 2011, Rajan, 2010, Stiglitz, 2010, Roubini and Mihm, 2010. All these generated, at global level, the deepest recession after the Great Depression. The anti-crisis measures came without delay, but they did not produce the expected results. At the Euro Zone level, an almost immediate and direct effect of the crisis and the accompanying countercyclical fiscal measures was that of enhancing the fiscal burden for governments. The levels of fiscal deficit and the public debt as percentages of GDP substantially increased and, gradually, another crisis broke out: the Euro Zone sovereign debt crisis. As a result, at the level of the EU governance, in order for the authorities to be able to improve it, there were adopted distinct strategies, programs and instruments. In spite of the converging efforts at the EU as well as national levels, the majority of the countries in the Euro Zone were not able to find the right formula of restarting economic growth. The present analysis brings to the forefront Spain’s experience, which represents a clear example of governance (and NPM failure, as neither the countercyclical measures adopted for the recovery, in accordance with the keynesyan principles, nor the austerity packages that followed them were not able to induce the economic growth, so essential for diminishing unemployment.

Current and future trends in global landfill gas generation and emissions

International Nuclear Information System (INIS)

Meadows, M.; Franklin, C.; Campbell, D.

1996-01-01

This paper assesses the magnitude and distribution of current and future methane generation and emissions from landfill on a world-wide basis. It also estimates the current and future global potential for energy recovery from landfill methane. The mass of methane emitted from land disposal of wastes in any country depends on the waste management strategy of that country. In turn, the waste management strategy of a country depends on its population size, relative proportion living in rural or urban regions and the economic development of the country. We estimate by 2010 there will be a large increase in global methane emissions from solid wastes disposed on land. This increase will be largely from developing regions of the world. The main factor driving this increase is a population shift from rural to urban areas, particularly in regions of highest population, i.e. China and India. This will lead to a greater concentration of waste generation, in turn leading to increased disposal of wastes in deeper sites. In addition increased industrialisation and improved standard of living in regions of high population, will increase the mass of waste disposed of per person and the degradable carbon content of the waste, i.e. the waste will become more like waste from developed countries. In contrast, methane emissions from waste disposed on land in developed countries is likely to decrease by 2010, mainly as result of increased collection and combustion of landfill methane. (Author)

ECOLOGICAL ECONOMICS VS ECONOMIC(AL ECOLOGY

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G. Kharlamova

2015-10-01

Full Text Available Currently world faces the dilemma – ecological economy or economic(al ecology. The researchers produce hundreds of surveys on the topic. However the analyses of recent most cited simulations had shown the diversity of results. Thus, for some states the Kuznets environmental curve has place, for others – no. Same could be said about different years for the same state. It provokes the necessity of drawing new group analyses to reveal the tendencies and relationships between economic and environmental factors. Most flexible and mirror factor of environmental sustainability is the volume of CO2 emissions. The econometric analysis was used for detecting the economic impact on this indicator at the global level and in the spectra of group of states depending on their income. The hypothesis of the existence of environmental Kuznets curve for the analysed data is rejected. Real GDP per capita impact on carbon dioxide emissions is considered only at the global level. The impact of openness of the economy is weak. Rejection happened also to the hypothesis that for the developed countries there is a reverse dependence between the environmental pollution and economic openness. Indicator “energy consumption per capita” impacts on greenhouse gas emissions only in countries with high income. Whereby it should be noted that the more developed a country is, the more elastic is this influence. These results have a potential usage for environmental policy regulation and climate strategy.

The current total economic burden of diabetes mellitus in the Netherlands.

Science.gov (United States)

Peters, M L; Huisman, E L; Schoonen, M; Wolffenbuttel, B H R

2017-09-01

Insight into the total economic burden of diabetes mellitus (DM) is essential for decision makers and payers. Currently available estimates for the Netherlands only include part of the total burden or are no longer up-to-date. Therefore, this study aimed to determine the current total economic burden of DM and its complications in the Netherlands, by including all the relevant cost components. The study combined a systematic literature review to identify all relevant published information and a targeted review to identify relevant information in the grey literature. The identified evidence was then combined to estimate the current total economic burden. In 2016, there were an estimated 1.1 million DM patients in the Netherlands, of whom approximately 10% had type 1 and 90% had type 2 DM. The estimated current total economic burden of DM was € 6.8 billion in 2016. Healthcare costs (excluding costs of complications) were € 1.6 billion, direct costs of complications were € 1.3 billion and indirect costs due to productivity losses, welfare payments and complications were € 4.0 billion. DM and its complications pose a substantial economic burden to the Netherlands, which is expected to rise due to changing demographics and lifestyle. Indirect costs, such as welfare payments, accounted for a large portion of the current total economic burden of DM, while these cost components are often not included in cost estimations. Publicly available data for key cost drivers such as complications were scarce.

Economic and environmental impacts of a hypothetical global GMO ban

OpenAIRE

Mahaffey, Harrison H

2016-01-01

The objective of this research is to assess the global economic and greenhouse gas emission impacts of GMO crops. This is done by modeling two counterfactual scenarios and evaluating them apart and in combination. The first scenario models the impact of a global GMO ban. The second scenario models the impact of increased GMO penetration. The focus is on the price and welfare impacts, and land use change greenhouse gas (GHG) emissions associated with GMO technologies. Much of the prior work on...

Comparative Analysis Of Financial Performance Banking Before And After The Global Economic Crisis In 2008

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Sri Indrastuti S.

2017-11-01

Full Text Available This research was conducted at the Regional Development Bank BPD in Indonesia. This study aims to examine and obtain empirical evidence about the comparative financial performance of regional banks after the global crisis with a view of its financial ratio which includes a ratio ROA CAR COF GMP LDR NIM ROA and ROE. This study further whether there was a significant difference in the time before and after the global economic crisis of 2008.The method used is a saturated or census sampling of the 26 Bank Pembangunan Daerah BPD. This study uses secondary data obtained from financial statement data Regional Development Bank for the period 2006 to 2010. The analytical tool used to determine differences in financial performance before and after the global economic crisis of 2008 was Paired sample T test for normally distributed data. If the data were not normally distributed using the Wilcoxon Signed Rank Test.The results showed that the financial performance of the Bank Pembangunan Daerah BPD in the ratio of ROA CAR COF GMP LDR NIM and ROA before and after the global economic crisis in 2008 there are significant differences. While ROE ratios before and after the global economic crisis of 2008 was not a significant difference.

Global economic cost of smoking-attributable diseases.

Science.gov (United States)

Goodchild, Mark; Nargis, Nigar; Tursan d'Espaignet, Edouard

2018-01-01

The detrimental impact of smoking on health has been widely documented since the 1960s. Numerous studies have also quantified the economic cost that smoking imposes on society. However, these studies have mostly been in high income countries, with limited documentation from developing countries. The aim of this paper is to measure the economic cost of smoking-attributable diseases in countries throughout the world, including in low- and middle-income settings. The Cost of Illness approach is used to estimate the economic cost of smoking attributable-diseases in 2012. Under this approach, economic costs are defined as either 'direct costs' such as hospital fees or 'indirect costs' representing the productivity loss from morbidity and mortality. The same method was applied to 152 countries, which had all the necessary data, representing 97% of the world's smokers. The amount of healthcare expenditure due to smoking-attributable diseases totalled purchasing power parity (PPP) $467 billion (US$422 billion) in 2012, or 5.7% of global health expenditure. The total economic cost of smoking (from health expenditures and productivity losses together) totalled PPP $1852 billion (US$1436 billion) in 2012, equivalent in magnitude to 1.8% of the world's annual gross domestic product (GDP). Almost 40% of this cost occurred in developing countries, highlighting the substantial burden these countries suffer. Smoking imposes a heavy economic burden throughout the world, particularly in Europe and North America, where the tobacco epidemic is most advanced. These findings highlight the urgent need for countries to implement stronger tobacco control measures to address these costs. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/.

Current Global Pricing For Human Papillomavirus Vaccines Brings The Greatest Economic Benefits To Rich Countries.

Science.gov (United States)

Herlihy, Niamh; Hutubessy, Raymond; Jit, Mark

2016-02-01

Vaccinating females against human papillomavirus (HPV) prior to the debut of sexual activity is an effective way to prevent cervical cancer, yet vaccine uptake in low- and middle-income countries has been hindered by high vaccine prices. We created an economic model to estimate the distribution of the economic surplus-the sum of all health and economic benefits of a vaccine, minus the costs of development, production, and distribution-among different country income groups and manufacturers for a cohort of twelve-year-old females in 2012. We found that manufacturers may have received economic returns worth five times their original investment in HPV vaccine development. High-income countries gained the greatest economic surplus of any income category, realizing over five times more economic value per vaccinated female than low-income countries did. Subsidizing vaccine prices in low- and middle-income countries could both reduce financial barriers to vaccine adoption and still allow high-income countries to retain their economic surpluses and manufacturers to retain their profits. Project HOPE—The People-to-People Health Foundation, Inc.

The Global Economic Impact of Manta Ray Watching Tourism

Science.gov (United States)

O’Malley, Mary P.; Lee-Brooks, Katie; Medd, Hannah B.

2013-01-01

As manta rays face increased threats from targeted and bycatch fisheries, manta ray watching tourism, if managed properly, may present an attractive economic alternative to consumptive use of these species. Both species in the genus Manta (Manta alfredi and Manta birostris) are classified by the International Union for the Conservation of Nature Red List as species Vulnerable to extinction in the wild, and are considered unsustainable as fisheries resources due to their conservative life history characteristics, which considerably reduce their ability to recover population numbers when depleted. Utilising dive operator surveys, Internet research, and a literature review, this study provides the first global estimate of the direct economic impact of manta ray watching tourism and examines the potential socio-economic benefits of non-consumptive manta ray watching operations relative to consumptive use of manta rays as a fishery resource. In the 23 countries in which manta ray watching operations meeting our criteria were identified, we estimated direct revenue to dive operators from manta ray dives and snorkels at over US$73 million annually and direct economic impact, including associated tourism expenditures, of US$140 million annually. Ten countries account for almost 93% of the global revenue estimate, specifically Japan, Indonesia, the Maldives, Mozambique, Thailand, Australia, Mexico, United States, Federated States of Micronesia and Palau. In many of the areas where directed fisheries for manta rays are known to occur, these activities overlap with manta ray tourism sites or the migratory range of the mantas on which these sites depend, and are likely to be unsustainable and detrimental to manta ray watching tourism. PMID:23741450

The global economic impact of manta ray watching tourism.

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Mary P O'Malley

Full Text Available As manta rays face increased threats from targeted and bycatch fisheries, manta ray watching tourism, if managed properly, may present an attractive economic alternative to consumptive use of these species. Both species in the genus Manta (Manta alfredi and Manta birostris are classified by the International Union for the Conservation of Nature Red List as species Vulnerable to extinction in the wild, and are considered unsustainable as fisheries resources due to their conservative life history characteristics, which considerably reduce their ability to recover population numbers when depleted. Utilising dive operator surveys, Internet research, and a literature review, this study provides the first global estimate of the direct economic impact of manta ray watching tourism and examines the potential socio-economic benefits of non-consumptive manta ray watching operations relative to consumptive use of manta rays as a fishery resource. In the 23 countries in which manta ray watching operations meeting our criteria were identified, we estimated direct revenue to dive operators from manta ray dives and snorkels at over US$73 million annually and direct economic impact, including associated tourism expenditures, of US$140 million annually. Ten countries account for almost 93% of the global revenue estimate, specifically Japan, Indonesia, the Maldives, Mozambique, Thailand, Australia, Mexico, United States, Federated States of Micronesia and Palau. In many of the areas where directed fisheries for manta rays are known to occur, these activities overlap with manta ray tourism sites or the migratory range of the mantas on which these sites depend, and are likely to be unsustainable and detrimental to manta ray watching tourism.

Traditional medicines and globalization: current and future perspectives in ethnopharmacology.

Science.gov (United States)

Leonti, Marco; Casu, Laura

2013-01-01

The ethnopharmacological approach toward the understanding and appraisal of traditional and herbal medicines is characterized by the inclusions of the social as well as the natural sciences. Anthropological field-observations describing the local use of nature-derived medicines are the basis for ethnopharmacological enquiries. The multidisciplinary scientific validation of indigenous drugs is of relevance to modern societies at large and helps to sustain local health care practices. Especially with respect to therapies related to aging related, chronic and infectious diseases traditional medicines offer promising alternatives to biomedicine. Bioassays applied in ethnopharmacology represent the molecular characteristics and complexities of the disease or symptoms for which an indigenous drug is used in "traditional" medicine to variable depth and extent. One-dimensional in vitro approaches rarely cope with the complexity of human diseases and ignore the concept of polypharmacological synergies. The recent focus on holistic approaches and systems biology in medicinal plant research represents the trend toward the description and the understanding of complex multi-parameter systems. Ethnopharmacopoeias are non-static cultural constructs shaped by belief and knowledge systems. Intensified globalization and economic liberalism currently accelerates the interchange between local and global pharmacopoeias via international trade, television, the World Wide Web and print media. The increased infiltration of newly generated biomedical knowledge and introduction of "foreign" medicines into local pharmacopoeias leads to syncretic developments and generates a feedback loop. While modern and post-modern cultures and knowledge systems adapt and transform the global impact, they become more relevant for ethnopharmacology. Moreover, what is traditional, alternative or complementary medicine depends on the adopted historic-cultural perspective.

Current Activities of the Joint Council on Economic Education.

Science.gov (United States)

Highsmith, Robert J.

1987-01-01

Reviews current activities of the Joint Council, among them, a researcher training institute, a new K-12 economic education scope and sequence document, a junior high level test of economic knowledge, an instructional package for advanced placement classes, a textbook conference, a project to help teachers of students who work with at-risk…

Global Integration, Non-Oil Export and Economic Growth in Nigeria

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Ozoemena Stanley Nwodo

2017-03-01

Full Text Available This study focuses on global integration, non-oil export and economic growth in Nigeria. The direct and interaction effect of the both openness variables and non-oil export on economic growth in Nigeria is investigated using quarterly data from 1986-2014. For analysis, it uses one measures of financial openness: de facto (total capital flow variables following Aizenman and Noy (2009.and a measure of trade openness adopted by Okoh (2004. The study applies the Autoregressive Distributed Lag Model (ARDL. The results show positive impact of non-oil export on economic growth in Nigeria both in the short run and in the long run, negative effect of trade and financial openness on economic growth however, the result recorded a negative effect of the interaction of trade openness and non-oil export on economic growth and a positive effect of the interaction of financial openness and non-oil export on economic growth. Thus, the study recommends among others that government should get the fundamentals right in the economy first that will boost non-oil sector before opening the economy for trade.

ENTREPRENEURSHIP AND ECONOMIC GROWTH: RE ACTUALIZATION OF THE ROLE OF ENTREPRENEURSHIP IN GLOBAL ECONOMY

OpenAIRE

Kružić, Dejan

2007-01-01

Abstract The paper investigates the process of re actualization of the role of entrepreneurship in global economy. Under the influence of global economy changes, the position of the entrepreneurship has been drastically altered –the entrepreneurship is increasingly seen as a generator of the economic growth. The exhaustion of most of the types of the economic and social protection, which were ensured in the economies of prosperity countries, indicates the fact that the era of looking for n...

Interaction of Economic Freedom and Foreign Direct Investment Globally: Special Cases from Neglected Regions

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Yhlas Sovbetov

2017-06-01

Full Text Available This paper studies the macroeconomic impact of economic freedom on foreign direct investments inflows in both global and regional panel analyses involving 156 countries through the period of 1995-2016. Unlike to prior literature, it includes often neglected nations such as Fragile and Conflict-Affected states, Sub-Saharan, Oceanian, and Post-Soviet countries. The paper finds a positive impact of economic freedom on FDI under fixed-effects model in global case where a unit change in economic freedom scales FDI inflows up to 1.15 units. More specifically, all 9 regions also refer to positive and significant impact of economic freedom on FDI. The highest impact is recorded in European countries, whereas the lowest ones are documented in Fragile-Conflict affected states, Sub-Saharan zone, and Oceanian countries.

THE IMPACT OF CULTURE ON THE ECONOMIC CRISIS

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CARINA-ELENA STEGĂROIU

2016-06-01

Full Text Available This premise of this paper is based on the concept of hedonistic culture, which contributes to financial fragility, damages assessment of future capacity (generating investment myopia and short-termism and enhances current opportunism. The paper aims to analyze economic culture as a factor of influence on the global economic crisis, considering the culture of modern capitalism that should be defined as a hedonistic culture, and this culture can contribute to global economic crises. According to the hypothesis of this article, the economic culture and not the individuals underlie economic decisions. Accordingly, the decisions that are taken in the economy, influenced by the dominant culture can have both a positive impact on the economy or a destructive one by generating or maintaining economic crises. The current economic culture authorizes extensive use of loans, including those for consumption, thus generating financial fragility and consequently economic crisis. Hedonistic culture leads operators to focus almost entirely on short-term consequences of his actions to the detriment of long-term outcomes. It is this connection plays an important role in explaining current global crisis resistance. Opportunism emphasized as part of the hedonistic culture also affects the generation and maintenance of the global crisis and unethical behavior by refusing to invest in strategic areas for the economy. This is particularly the widespread use of credit, including the consumer, in preference to short-term investments at the expense of long-term, low appreciation of the future and also a high and growing opportunism. The global crisis is the result of interdependence agents, burdened by debt, especially short-term constantly growing which is a high financial fragility, directed almost exclusively at short-term gains and tend to cheat in their mutual relations.

On the global economic potentials and marginal costs of non-renewable resources and the price of energy commodities

International Nuclear Information System (INIS)

Mercure, Jean-François; Salas, Pablo

2013-01-01

A model is presented in this work for simulating endogenously the evolution of the marginal costs of production of energy carriers from non-renewable resources, their consumption, depletion pathways and timescales. Such marginal costs can be used to simulate the long term average price formation of energy commodities. Drawing on previous work where a global database of energy resource economic potentials was constructed, this work uses cost distributions of non-renewable resources in order to evaluate global flows of energy commodities. A mathematical framework is given to calculate endogenous flows of energy resources given an exogenous commodity price path. This framework can be used in reverse in order to calculate an endogenous marginal cost of production of energy carriers given an exogenous carrier demand. Using rigid price inelastic assumptions independent of the economy, these two approaches generate limiting scenarios that depict extreme use of natural resources. This is useful to characterise the current state and possible uses of remaining non-renewable resources such as fossil fuels and natural uranium. The theory is however designed for use within economic or technology models that allow technology substitutions. In this work, it is implemented in the global power sector model FTT:Power. Policy implications are given. - Highlights: • Theoretical model to forecast marginal costs of non-renewable resources. • Tracks the consumption and costs of non-renewable resources. • For use in economic or technology models

Political Parties and Social Policy Responses to Global Economic Crises

DEFF Research Database (Denmark)

Starke, Peter; Kaasch, Alexandra; van Hooren, Franca

2014-01-01

Based on empirical findings froma comparative study onwelfare state responses to the four major economic shocks (the 1970s oil shocks, the early 1990s recession, the 2008 financial crisis) in four OECD countries, this article demonstrates that, in contrast to conventional wisdom, policy responses...... to global economic crises vary significantly across countries. What explains the cross-national and within-case variation in responses to crises?We discuss several potential causes of this pattern and argue that political parties and the party composition of governments can play a key role in shaping crisis...

Origin, dispersal and current global distribution of cacao genetic diversity

Science.gov (United States)

Cacao (Theobroma cacao L.) is cultivated globally as the unique source of cocoa butter and powder for the confectionery industries. In spite of its economical importance, cocoa was and continues to be dominantly produced in low-input and low-output systems. Production constraints, including depletio...

Energy integration: Regional economic integration lever and possible insertion factor in the global economy

International Nuclear Information System (INIS)

Lokolo, M.C.

2001-01-01

In the 1920s, just after the War, an idea began taking root in the Old Continent, to build what could be described as the United States of Europe. Thirty years later, in 1951, a new source of energy, coal, paved the way for the economic integration of Europe. It culminated into monetary integration in January 2002. Economic integration makes sense in the context of the relatively small size of some national economies and markets, and the judicious utilization of rare resources and their unequal distribution. In this document, the author elaborated on the principles at play in economic integration and argued that the integration of the national energy markets could be the lever for economic integration through the gradual elimination of the various obstacles to trade. The author first presented a brief historical overview of economic integration from the perspective of global economic relationships, covering the period between the two world wars to the General Agreement on Tariffs and Trade (GATT) to the World Trade Organization (WTO). The concept and the forms of economic integration were reviewed. Energy integration as a lever of regional economic integration and as a factor in global economic insertion were discussed. Energy integration is a tool for the improvement of the human condition. 15 refs

Disability, economic globalization and privatization: A case study of India

DEFF Research Database (Denmark)

Hiranandani, Vanmala Sunder

2012-01-01

have benefitted middle-class and highly-skilled disabled persons, the majority of people with disabilities have been left out of India's economic affluence. We contend that India's globalized economy and reduced state role necessitate renewed understanding of human rights, including disability rights.......People with disabilities are one of the most disenfranchised groups in India. Standardized measurements of disability in India and internationally have overlooked the linkages between the economy and disability. In recent decades, neo-liberal economic reforms imposed in developing countries, under...... investigates the implications of economic restructuring in the arenas of social programs, education, employment, accessibility, health, agriculture and food security, and water and land acquisition from a disability perspective. Our analysis shows that while increased employment opportunities and accessibility...

The Need of a New Economic Model

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Alexandru Cătălin POPA

2012-02-01

Full Text Available The current global economic crisis has proven to be unpredictable for most decision-makers worldwide. Moreover, beliefs deeply embedded in the minds of economists about economics, about the virtues of capitalism and free market began to falter. Sooner or later the current crisis will end. The problem that arises and to which the economic science must answer is whether anything should be changed in the current world economic order and especially what exactly. It is quite vital to ask ourselves today in what kind of society we want to live and whether the current economic model, a model mainly based on monetarist ideas, is helping us to achieve those wishes. In addition to analyzing the root causes that led to the current economic crisis, this article aims to analyze whether the current economic model must change and to outline the features of a possible new model.

THE GLOBAL GOVERNANCE PROBLEM AND THE ROLE OF THE INTERNATIONAL MONETARY FUND

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Sidorova E. A.

2015-06-01

Full Text Available Currently, globalization begins to permeate more and more areas of human activity, therefore it is important question of the complex mechanisms and principles of global governance formation.The article analyzes the essence, subjects and mechanisms for the implementation of the global economic governance. Moreover, it investigates the role and current state of the International Monetary Fund (IMF in the global economy. In conclusion, it clarifies the relationship of the IMF and processes of global governance. Research has shown that it is necessary to create within the IMF more representative, economically and politically balanced system of global governance of the world monetary and financial relations as part of the emerging mechanisms of global economic governance. This article extends the knowledge about the features of the IMF in the forming global governance.

Noiseonomics: the relationship between ambient noise levels in the sea and global economic trends.

Science.gov (United States)

Frisk, George V

2012-01-01

In recent years, the topic of noise in the sea and its effects on marine mammals has attracted considerable attention from both the scientific community and the general public. Since marine mammals rely heavily on acoustics as a primary means of communicating, navigating, and foraging in the ocean, any change in their acoustic environment may have an impact on their behavior. Specifically, a growing body of literature suggests that low-frequency, ambient noise levels in the open ocean increased approximately 3.3 dB per decade during the period 1950-2007. Here we show that this increase can be attributed primarily to commercial shipping activity, which in turn, can be linked to global economic growth. As a corollary, we conclude that ambient noise levels can be directly related to global economic conditions. We provide experimental evidence supporting this theory and discuss its implications for predicting future noise levels based on global economic trends.

Global analysis of the techno-economic potential of renewable energy hybrid systems on small islands

International Nuclear Information System (INIS)

Blechinger, P.; Cader, C.; Bertheau, P.; Huyskens, H.; Seguin, R.; Breyer, C.

2016-01-01

Globally, small islands below 100,000 inhabitants represent a large number of diesel based mini-grids. With volatile fossil fuel costs which are most likely to increase in the long-run and competitive renewable energy technologies the introduction of such sustainable power generation system seems a viable and environmental friendly option. Nevertheless the implementation of renewable energies on small islands is quite low based on high transaction costs and missing knowledge according to the market potential. Our work provides a global overview on the small island landscape showing the respective population, economic activity, energy demand, and fuel costs for almost 1800 islands with approximately 20 million inhabitants currently supplied by 15 GW of diesel plants. Based on these parameters a detailed techno-economic assessment of the potential integration of solar PV, wind power, and battery storage into the power supply system was performed for each island. The focus on solar and wind was set due to the lack of data on hydro and geothermal potential for a global island study. It revealed that almost 7.5 GW of photovoltaic and 14 GW of wind power could be economically installed and operated on these islands reducing the GHG-emissions and fuel consumption by approximately 50%. In total numbers more than 20 million tons of GHG emissions can be reduced by avoiding the burning of 7.8 billion liters of diesel per year. Cost savings of around 9 USDct/kWh occur on average by implementing these capacities combined with 5.8 GWh of battery storage. This detailed techno-economic evaluation of renewable energies enables policy makers and investors to facilitate the implementation of clean energy supply systems on small islands. To accelerate the implementation of this enormous potential we give specific policy recommendations such as the introduction of proper regulations. - Highlights: • GIS analysis has identified approximately 1800 small island energy systems with

How will changes in globalization impact growth in south Asia ?

OpenAIRE

Ghani, Ejaz; Anand, Rahul

2009-01-01

The current global crisis may change globalization itself, as both developed and developing countries adjust to global imbalances that contributed to the crisis. Will these changes help or hinder economic recovery and growth in South Asia? This is the focus of this paper. The three models of globalization--trade, capital, and economic management--may not be the same in the future. Changes ...

New Challenges of Contingency Theory in Management Accounting System, in Terms of Global Economic Crisis

OpenAIRE

Ene Dumitru

2010-01-01

This paper aims to answer the question: 1. The contingency theory can be a source of improvement in management accounting research ,in terms of global economic crisis?’’ 2. Can be Contingency factors a bridge between organizational theories and management accounting? Research purpose: -The contingency theory can be a source of improvement in management accounting research, in terms of global economic crises; -Contingency factors can be a bridge between organizational theories and management a...

World Economy at the Confluence between Globalization and Regionalization

Directory of Open Access Journals (Sweden)

Costel Marian DIMA

2015-12-01

Full Text Available Due to the enlargement and deepening of connections in various spheres of influence of the economic, political, social and cultural life, the problems occurring in the process of globalization are rather global than national, their solving being carried out globally instead of nationally. Thus, in economic and financial terms, globalization contributes to strengthening and enlarging the connections among national economies in the global market of goods, services and capital. In the paper first part, it is presented the current situation of globalization and the need for development at regional level. In the second part, taking into account that the regionalization process varies from country to country, depending on the economic, social, political, demographic and ethnic situation, we showed an analysis of the European Union’s policy of development and cohesion. In the last part, we brought forward the current situation of European development policy, conclusions and views concerning the theme approached.

GLOBALIZATION AND THE DECLINE OF THE UNITED STATES ECONOMIC INSTRUMENT OF POWER

Science.gov (United States)

2017-06-01

of global trade relations. Whereas forty years ago, 90 percent of international trade consisted of mercantilist goods; today , 90 percent of... GLOBALIZATION AND THE DECLINE OF THE UNITED STATES ECONOMIC INSTRUMENT OF POWER BY MAJOR JOSH WATKINS A THESIS PRESENTED TO THE...bachelor of business administration degree from Old Dominion University in 2001. He was commissioned through Officer Training School in 2002 and his

Globalisation and global economic governance: Contextualising the interpretations and the debate. A review of literature

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AJ Van Niekerk

2014-05-01

Full Text Available As one of the most contentious and fascinating issues of modern times, globalisation is a notion in desperate need of conceptual clarification. By creating a theoretical framework and adding historical depth to the analysis of the globalisation thesis, this article attempts first to provide a contextual basis on which to weigh up the credence of globalisation as a process that is transforming the contemporary world economy. Secondly, it highlights the significance of global economic governance in performing both a somewhat regulatory function and a rather stimulating role in the advancement of globalisation. In essence, the article provides a survey of the literature concerned with theories and the historical context for globalisation and global economic governance. The third aim is to emphasise the importance of the debate surrounding globalisation and global economic governance. The evolution and outcome of this debate is seen to be a factor that will make a significant impact on the future direction of the world economy, mainly in terms of helping to shape leading economic thinking.

Traditional medicines and globalization: current and future perspectives in ethnopharmacology

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Marco eLeonti

2013-07-01

Full Text Available The ethnopharmacological approach towards the understanding and appraisal of traditional and herbal medicines is characterized by the inclusions of the social as well as the natural sciences. Anthropological field-observations describing the local use of nature-derived medicines are the basis for ethnopharmacological enquiries. The multidisciplinary scientific validation of indigenous drugs is of relevance to modern societies at large and helps to sustain local health care practices. Especially with respect to therapies related to ageing related, chronic and infectious diseases traditional medicines offer promising alternatives to biomedicine. Bioassays applied in ethnopharmacology represent the molecular characteristics and complexities of the disease or symptoms for which an indigenous drug is used in traditional medicine to variable depth and extent. One-dimensional in vitro approaches rarely cope with the complexity of human diseases and ignore the concept of polypharmacological synergies. The recent focus on holistic approaches and systems biology in medicinal plant research represents the trend towards the description and the understanding of complex multi-parameter systems.Ethnopharmacopoeias are non-static cultural constructs shaped by belief and knowledge systems. Intensified globalization and economic liberalism currently accelerates the interchange between local and global pharmacopoeias via international trade, television, the World Wide Web and print media. The increased infiltration of newly generated biomedical knowledge and introduction of foreign medicines into local pharmacopoeias leads to syncretic developments and generates a feedback loop. While modern and post-modern cultures and knowledge systems adapt and transform the global impact, they become more relevant for ethnopharmacology. Moreover, what is traditional, alternative or complementary medicine depends on the adopted historic-cultural perspective.

Beyond the bench and the bedside: economic and health systems dimensions of global childhood cancer outcomes.

Science.gov (United States)

Denburg, Avram E; Knaul, Felicia M; Atun, Rifat; Frazier, Lindsay A; Barr, Ronald D

2014-03-01

Globally, the number of new cases of childhood cancer continues to rise, with a widening gulf in outcomes across countries, despite the availability of effective cure options for many pediatric cancers. Economic forces and health system realities are deeply embedded in the foundation of disparities in global childhood cancer outcomes. A truly global effort to close the childhood cancer divide therefore requires systemic solutions. Analysis of the economic and health system dimensions of childhood cancer outcomes is essential to progress in childhood cancer survival around the globe. The conceptual power of this approach is significant. It provides insight into how and where pediatric oncology entwines with broader political and economic conditions, and highlights the mutual benefit derived from systems-oriented solutions. © 2013 Wiley Periodicals, Inc.

Is prophetic discourse adequate to address global economic justice?

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Piet J. Naudé

2011-04-01

Full Text Available This article outlined key features of prophetic discourse and investigated whether this form of moral discourse adequately addresses issues of economic injustice. It is shown that the strength of prophetic discourse is its ability to denounce instances of injustice whilst at the same time announcing a God-willed alternative future. The ‘preferential option for the poor’ in Latin American liberation theologies is treated as a case study of the influence of prophetic discourse in contexts of perceived economic injustice. Also the core weaknesses of prophetic discourse are investigated, specifically its incomplete moral argument, weak moral analyses, silence on transition measures, and its inability to take a positive stance on reforms in the system from which itself benefits. In the final section it is concluded that prophetic discourse plays an indispensable role in addressing issues of global economic justice, but – taken by itself – it is not an adequate form of moral discourse to address concrete matters of justice.

Quantum economics

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Vukotić Veselin

2011-01-01

Full Text Available The globalization is breaking-down the idea of national state, which was the base for the development of economic theory which is dominant today. Global economic crisis puts emphasis on limited possibilities of national governments in solving economic problems and general problems of society. Does it also mean that globalization and global economic crisis points out the need to think about new economic theory and new understanding of economics? In this paper I will argue that globalization reveals the need to change dominant economic paradigm - from traditional economic theory (mainstream with macroeconomic stability as the goal of economic policy, to the “quantum economics“, which is based on “economic quantum” and immanent to the increase of wealth (material and non-material of every individual in society and promoting set of values immanent to the wealth increase as the goal of economic policy. Practically the question is how we can use global market for our development!

Implementation of Global Development Education into the Curriculum at the Faculty of Economics and Management, Slovak University of Agriculture

Science.gov (United States)

Svitacová, Eva; Mravcová, Anna

2014-01-01

The new phenomenon of global development education (GDE) has gradually penetrated the curricula in Slovakia. For the purpose of more comprehensively preparing future economic actors, who will operate in the new global economic and social environment, we have decided to incorporate this topic into the curriculum at the Faculty of Economics and…

Economic Impacts of Future Changes in the Energy System - Global Perspectives

DEFF Research Database (Denmark)

Glynn, James; Fortes, Patrícia; Krook-Riekkola, Anna

2015-01-01

climate change. This chapter summarises modelling methodologies developed in the ETSAP community to assess economic impacts of decarbonising energy systems at a global level. The next chapter of this book focuses on a national perspective. The range of economic impacts is regionally dependent upon...... the stage of economic development, the level of industrialisation, energy intensity of exports, and competition effects due to rates of relative decarbonisation. Developed nation’s decarbonisation targets are estimated to result in a manageable GDP loss in the region of 2 % by 2050. Energy intensive export...... driven developing countries such as China and India, and fossil fuel exporting nations can expect significantly higher GDP loss of up to 5 % GDP per year by mid-century....

Current methodological questions of studying social-political relations of global society

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Marković Danilo Ž.

2010-01-01

Full Text Available Identification and critical study of social-political aspects of contemporary society within conditions of globalization must start from the characteristics (essence of globalization as a process of human kind consolidation. Globalization represents a process of economic, political and cultural connecting of all separate mankind societies (specific societies into the one whole, into a 'World' - 'Global' society (mega-society on the Planet with many contradictions. It is a meaningful way for money to bring profit in a peaceful manner. It leads not only to expanding of economic power through transnational and multinational economic corporations, but also to imposing way of life, social organization and categorized value system of countries - protagonists of globalization to others, as indicators of their creative capabilities and specific forms of their appearance, specialty and durability. These and other changes, as well as multiple and versatile consequences that accompany them, indicate the necessity of constructing a new social approach in their scientific cognition, with full respect of not only social but also natural laws on cognition and estimation of accomplishing social life. The social and especially sociological sciences should investigate and excogitate the next areas of global reality of contemporary society in this context. Macrostructures in the architecture of its construction: world community, socio-economic system that appears with globalization process and international community that appears by agreement between the states, their dynamic relationship and influence on flows and future of mankind civilization and social position of human. Diversity of the forms of cooperation, conflicts and collisions in the 'world' society and possibility of war conflicts regarding safety of not only specific people, regions and states, but also regarding the survival of human civilization, since it is obvious that such a conflict would have

Public Policy Responses to the Global Financial and Economic Crisis

African Journals Online (AJOL)

This article aims to assess the impact of the global fi nancial and economic crisis on two sectors in South Africa, namely, the automobile sector and the textile and clothing sector. It also examines the role of public policy in responding to that crisis. Its main objective is to determine whether or not those responses were ...

Strategies for antiviral stockpiling for future influenza pandemics: a global epidemic-economic perspective.

Science.gov (United States)

Carrasco, Luis R; Lee, Vernon J; Chen, Mark I; Matchar, David B; Thompson, James P; Cook, Alex R

2011-09-07

Influenza pandemics present a global threat owing to their potential mortality and substantial economic impacts. Stockpiling antiviral drugs to manage a pandemic is an effective strategy to offset their negative impacts; however, little is known about the long-term optimal size of the stockpile under uncertainty and the characteristics of different countries. Using an epidemic-economic model we studied the effect on total mortality and costs of antiviral stockpile sizes for Brazil, China, Guatemala, India, Indonesia, New Zealand, Singapore, the UK, the USA and Zimbabwe. In the model, antivirals stockpiling considerably reduced mortality. There was greater potential avoidance of expected costs in the higher resourced countries (e.g. from $55 billion to $27 billion over a 30 year time horizon for the USA) and large avoidance of fatalities in those less resourced (e.g. from 11.4 to 2.3 million in Indonesia). Under perfect allocation, higher resourced countries should aim to store antiviral stockpiles able to cover at least 15 per cent of their population, rising to 25 per cent with 30 per cent misallocation, to minimize fatalities and economic costs. Stockpiling is estimated not to be cost-effective for two-thirds of the world's population under current antivirals pricing. Lower prices and international cooperation are necessary to make the life-saving potential of antivirals cost-effective in resource-limited countries.

Climate economics in progress 2011; Climate economics in progress 2011

Energy Technology Data Exchange (ETDEWEB)

De Perthuis, Christian [Paris-Dauphine University (France); Jouvet, Pierre-Andre [Paris-Ouest University (France); Trotignon, Raphael; Simonet, Gabriela; Boutueil, Virginie [Climate Economics Chair, Paris-Dauphine University (France)

2011-10-01

Climate Economics in Progress offers a global overview of the present status of action on climate change. Drawing on the most recent data, it analyzes the development of carbon markets in Europe and other parts of the world. It also examines the conditions for including major players such as China and new sectors such as agriculture, forestry and transport in the fight against global warming. The book is essential reading for anyone wishing to understand current advances in climate control, which could pave the way for a new form of economic growth. The book brings together a group of researchers whose goal is to make the link between academic research on the economics of climate change and the implementation of operational tools, thereby allowing the climate issue to be integrated into the functioning of the real economy

ECONOMIC HIGHER EDUCATION AND THE COMPETENCES TRAINING PERSPECTIVE

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Radu Lucian BLAGA

2012-06-01

Full Text Available Based on the current socio-economic realities of training and professional development, the paper aims to present the concept of competence, in the knowledge-society, that has become a key concept and especially how the competences training, is regarded as a major solution to global socio-economic problems. Competence training is regarded, at the European level, as a major solution to global socio-economic problems. In this context, higher economic and business education, assigned the multiple tasks to them, which can solved using effective and flexible sources like material, human and capital, that could overcome the well-known inertia of higher education systems.The paper presents some current guidelines in education, training and related competences development, training models from the perspective of university economic education, examples of definition, development and assessment of specific economic field competences. Examples were made in the context of the marketing field at the potential meaning of this qualification, which is currently discussed and is still in its early recovery in the economic and business. This field it is still considered by the Romanian business environment like an expense rather than as an investment.

Sustainability of the Organizational Changes in the Context of Global Economic Crisis

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Armenia Androniceanu

2012-06-01

Full Text Available In recent years, as a result of the hastening economic crisis, the Romanian business environment has known important changes. This paper presents and analyzes the changes caused by globalization in small and medium enterprises that exports goods and services from Bucharest. The purpose of the research was to discover the impact of global crisis upon the concerned group of enterprises and the organizational changes implemented by them. Through the research we succeeded to identify the main problems that occurred in the target group enterprises in the context of global economic crisis and what caused the reduction in their developing rhythm. Another part of the paper contains an analysis of the managers perceptions regarding the governmental anti-crisis measures and strategic and tactical changes initiated by them as a natural need to adapt to the particularities of the internal and international business environment. The final part includes the conclusions of the research and a sum of recommendations for efficient management of organizational changes in target group enterprises, with the possibility of generalizing them to all Romanian small and medium enterprises.

GLOBAL GOVERNANCE VS. NATIONAL SOVEREIGNTY IN A GLOBALIZED WORLD

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Sabina TUCA

2015-03-01

Full Text Available The global economic and financial crisis of 2007 highlighted the risks, threats and enormous costs of a global economy in the absence of a global government. The aim of this paper is to emphasize the importance of global governance in a world in which states are facing the erosion of national sovereignty. The two concepts are being analyzed from various points of view, including current challenges and future scenarios. Despite the fact that states, especially major powers, are not prepared to accept some elements of global governance and the limits that they would put on their national sovereignty, recent developments seem to make global governance a key component of the international scene.

Forecasting the global shortage of physicians: an economic- and needs-based approach

Science.gov (United States)

Liu, Jenny X; Kinfu, Yohannes; Dal Poz, Mario R

2008-01-01

Abstract Objective Global achievements in health may be limited by critical shortages of health-care workers. To help guide workforce policy, we estimate the future demand for, need for and supply of physicians, by WHO region, to determine where likely shortages will occur by 2015, the target date of the Millennium Development Goals. Methods Using World Bank and WHO data on physicians per capita from 1980 to 2001 for 158 countries, we employ two modelling approaches for estimating the future global requirement for physicians. A needs-based model determines the number of physicians per capita required to achieve 80% coverage of live births by a skilled health-care attendant. In contrast, our economic model identifies the number of physicians per capita that are likely to be demanded, given each country’s economic growth. These estimates are compared to the future supply of physicians projected by extrapolating the historical rate of increase in physicians per capita for each country. Findings By 2015, the global supply of physicians appears to be in balance with projected economic demand. Because our measure of need reflects the minimum level of workforce density required to provide a basic health service that is met in all but the least developed countries, the needs-based estimates predict a global surplus of physicians. However, on a regional basis, both models predict shortages for many countries in the WHO African Region in 2015, with some countries experiencing a needs-based shortage, a demand-based shortage, or both. Conclusion The type of policy intervention needed to alleviate projected shortages, such as increasing health-care training or adopting measures to discourage migration, depends on the type of shortage projected. PMID:18670663

The impact on chinese economic growth and energy consumption of the Global Financial Crisis: An input-output analysis

International Nuclear Information System (INIS)

Yuan, Chaoqing; Liu, Sifeng; Xie, Naiming

2010-01-01

The dependence on foreign trade increased sharply in China, and therefore Chinese economy is obviously export-oriented. The Global Financial Crisis will impact the Chinese economic growth violently. Chinese government has recently adopted some effective measures to fight against the Global Financial Crisis. The most important measure is the 4 trillion Yuan ($586 billion) stimulus plan which was announced on November 9, 2008. This paper discusses the influence on energy consumption and economic growth of Global Financial Crisis and the stimulus plan against it by input-output analysis. The results show that the fall of exports caused by the Global Financial Crisis will lead to a decrease of 7.33% in GDP (Gross Domestic Production) and a reduction of 9.21% in energy consumption; the stimulus plan against the Global Financial Crisis will lead to an increase of 4.43% in economic growth and an increase of 1.83% in energy consumption; In the Global Financial Crisis, energy consumption per unit GDP will fall in China. (author)

Harmonization of accounting in the process of globalization of economic activities

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Floarea Georgescu

2014-03-01

Full Text Available Abstract. Once with the Romania adhering at the European Union the public accounting system was transformed and adapted according to the requirements imposed by the international public sector accounting standards (IPSAS.This fact had imposed the appearance of legislative norms and provisions adapted to the actual requirements, by taking into account the growing and complex level of economic activities where the irreversible process of globalization takes place. The changes due to the economic politics, especially the new configuration of the international economic relations, relations characterized by an intense and irreversible process of globalization, have conducted to the implementation of a unitary and uniform legislation, particularly for the member states of EU. The accounting reform has begun through the harmonization of legislation according to the requirements and provisions of International Accounting Standards and European Directives.  The ampleness and the rapid rhythm of informational society’s development have implicitly leaded to the development of accounting information’s importance and dimension. The decisive role of the accounting information had conducted to the accentuated growth of the interest, manifested at all informational society’s level, from the development of activities in financial and economical domain point of view. The accounting normalization process imposed the development of norms and provisions necessary to the drawing up of accounting documents, by defying methods and a specialized terminology, applied in the activity of entities and accounting specialists.

Global Electric Circuit Implications of Total Current Measurements over Electrified Clouds

Science.gov (United States)

Mach, Douglas M.; Blakeslee, Richard J.; Bateman, Monte G.

2009-01-01

We determined total conduction (Wilson) currents and flash rates for 850 overflights of electrified clouds spanning regions including the Southeastern United States, the Western Atlantic Ocean, the Gulf of Mexico, Central America and adjacent oceans, Central Brazil, and the South Pacific. The overflights include storms over land and ocean, with and without lightning, and with positive and negative Wilson currents. We combined these individual storm overflight statistics with global diurnal lightning variation data from the Lightning Imaging Sensor (LIS) and Optical Transient Detector (OTD) to estimate the thunderstorm and electrified shower cloud contributions to the diurnal variation in the global electric circuit. The contributions to the global electric circuit from lightning producing clouds are estimated by taking the mean current per flash derived from the overflight data for land and ocean overflights and combining it with the global lightning rates (for land and ocean) and their diurnal variation derived from the LIS/OTD data. We estimate the contribution of non-lightning producing electrified clouds by assuming several different diurnal variations and total non-electrified storm counts to produce estimates of the total storm currents (lightning and non-lightning producing storms). The storm counts and diurnal variations are constrained so that the resultant total current diurnal variation equals the diurnal variation in the fair weather electric field (+/-15%). These assumptions, combined with the airborne and satellite data, suggest that the total mean current in the global electric circuit ranges from 2.0 to 2.7 kA, which is greater than estimates made by others using other methods.

A global water scarcity assessment under Shared Socio-economic Pathways – Part 1: Water use

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N. Hanasaki

2013-07-01

Full Text Available A novel global water scarcity assessment for the 21st century is presented in a two-part paper. In this first paper, water use scenarios are presented for the latest global hydrological models. The scenarios are compatible with the socio-economic scenarios of the Shared Socio-economic Pathways (SSPs, which are a part of the latest set of scenarios on global change developed by the integrated assessment, the IAV (climate change impact, adaptation, and vulnerability assessment, and the climate modeling community. The SSPs depict five global situations based on substantially different socio-economic conditions during the 21st century. Water use scenarios were developed to reflect not only quantitative socio-economic factors, such as population and electricity production, but also key qualitative concepts such as the degree of technological change and overall environmental consciousness. Each scenario consists of five factors: irrigated area, crop intensity, irrigation efficiency, and withdrawal-based potential industrial and municipal water demands. The first three factors are used to estimate the potential irrigation water demand. All factors were developed using simple models based on a literature review and analysis of historical records. The factors are grid-based at a spatial resolution of 0.5° × 0.5° and cover the whole 21st century in five-year intervals. Each factor shows wide variation among the different global situations depicted: the irrigated area in 2085 varies between 2.7 × 106 and 4.5 × 106 km2, withdrawal-based potential industrial water demand between 246 and 1714 km3 yr−1, and municipal water between 573 and 1280 km3 yr−1. The water use scenarios can be used for global water scarcity assessments that identify the regions vulnerable to water scarcity and analyze the timing and magnitude of scarcity conditions.

Future role and significance of space activities in reflection of global social, technological and economic trends

Science.gov (United States)

Diekmann, Andreas; Richarz, Hans.-Peter

The paper describes the interrelation of space activities and global socio-economic trends like "globalisation of markets" and "renaissance of fine arts". The interrelation reveals the economic strategic, technological and scientific dimension of space activities and their benefits to mankind. Then, the significance and perspectives of space activities in these dimensions are examined in more detail. The paper calls (1) for a more visible initiative to employ space activities to tackle urgent questions of global change and development, and (2) for a stronger impetus to secure European economic position in space sector as a key industry of the 21st century.

SWITCHING FROM THE GLOBALIZATION OF MARKETS TO THE GLOBALIZATION OF PRODUCTION AND SERVICES IN A SEMIGLOBALIZED WORLD

OpenAIRE

Serghei M RGULESCU; Elena M RGULESCU

2009-01-01

The retrospective of the theoretical approaches of the phenomenon of economic globalization in the last three decades emphasizes the movement of attention from the globalization of markets, from the\\'80s, to the globalization of production and services in the current decade. This trend is essentially the result of implementing new strategies by multinational companies. It also requires accepting the idea that the current status of the world economy is in reality one of semiglobalization and n...

Trade Policies and the Changing Patterns of Protectionism during the Global Financial and Economic Crisis

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Agnes Ghibuțiu

2012-01-01

Full Text Available The Great Recession of 2008–09 provided a fertile ground for protectionist pressures to increase. It caused a negative shock to the global economy that is comparable with the Great Depression of the 1930s. International trade suffered a historical collapse in 2009, but trade flows quickly rebounded thereafter. And unlike the Great Depression of the 1930s, the recent global economic contraction did not trigger a massive wave of protectionism as expected. Despite important adjustments in many countries’ trade policies during the crisis and, hence, a quite notable increase in the incidence of protectionist measures, there is a widely shared belief that crisis related protectionism has been kept under control, being rather modest and limited compared with both the negative effects of the crisis and the initial concerns. A large agreement emerged also among analysts on the important role of WTO’s multilateral rules and disciplines in preventing exacerbation of economic nationalism and protectionism. The views on intensity, dynamics and potential impact of current contemporary protectionism continue, however, to diverge as they reflect in part the significant differences between the results of the different monitoring exercises, carried out particularly by the WTO and Global Trade Alert. But beyond these differences, the latest monitoring reports contain alarming signs of escalating protectionism over the post-crisis years due to the growing difficulties in the world economy. This paper takes a look at the main trends in global protectionism during and after the crisis and some of its potential implications. In doing so, the paper starts by contrasting protectionism that accompanied the Great Depression of the 1930s with the present-day protectionist phenomenon in order to briefly outline the peculiarities of the latter. Then it addresses the main factors contributing to staving off trade protectionism during the recent crisis. Relying on the

Globalization and Science Education

Science.gov (United States)

Bencze, J. Lawrence; Carter, Lyn; Chiu, Mei-Hung; Duit, Reinders; Martin, Sonya; Siry, Christina; Krajcik, Joseph; Shin, Namsoo; Choi, Kyunghee; Lee, Hyunju; Kim, Sung-Won

2013-06-01

Processes of globalization have played a major role in economic and cultural change worldwide. More recently, there is a growing literature on rethinking science education research and development from the perspective of globalization. This paper provides a critical overview of the state and future development of science education research from the perspective of globalization. Two facets are given major attention. First, the further development of science education as an international research domain is critically analyzed. It seems that there is a predominance of researchers stemming from countries in which English is the native language or at least a major working language. Second, the significance of rethinking the currently dominant variants of science instruction from the perspectives of economic and cultural globalization is given major attention. On the one hand, it is argued that processes concerning globalization of science education as a research domain need to take into account the richness of the different cultures of science education around the world. At the same time, it is essential to develop ways of science instruction that make students aware of the various advantages, challenges and problems of international economic and cultural globalization.

The socio-technical setting of economic stakes of global environment risks

International Nuclear Information System (INIS)

Salles, J.M.

1993-01-01

For policy-making for fighting acid rain, protecting the ozone layer and initiating action to prevent global climate change related to the growth of the greenhouse effect, the economic approach requires more precise consideration of how the economic stakes attached to these threats have been built up by their social actors. Global environmental risks (GER) are not directly perceivable nor can they be easily related to any activity or phenomena at local level (in time or space). There are scientific controversies about the reality of damage and establishing credible responsibility links. Moreover, these controversies are brought to media and social debate before any scientific clarification is possible. The media representations of GER emphasize the fact they could have catastrophic and irreversible consequences. So, the social demand for public action becomes very heavy when delay, possibly of several years between the causes and consequences of global environmental change, prevents any rapid clarification in the controversies. These difficulties have led to the evolution of a decision process in several steps: firstly, an international convention is prepared in which signatory countries commit themselves to cooperate and to take action; secondly, one or several agreements are signed with clear technical objectives and a timetable for implementations. 23 refs

Global economic consequences of selected surgical diseases: a modelling study.

Science.gov (United States)

Alkire, Blake C; Shrime, Mark G; Dare, Anna J; Vincent, Jeffrey R; Meara, John G

2015-04-27

The surgical burden of disease is substantial, but little is known about the associated economic consequences. We estimate the global macroeconomic impact of the surgical burden of disease due to injury, neoplasm, digestive diseases, and maternal and neonatal disorders from two distinct economic perspectives. We obtained mortality rate estimates for each disease for the years 2000 and 2010 from the Institute of Health Metrics and Evaluation Global Burden of Disease 2010 study, and estimates of the proportion of the burden of the selected diseases that is surgical from a paper by Shrime and colleagues. We first used the value of lost output (VLO) approach, based on the WHO's Projecting the Economic Cost of Ill-Health (EPIC) model, to project annual market economy losses due to these surgical diseases during 2015-30. EPIC attempts to model how disease affects a country's projected labour force and capital stock, which in turn are related to losses in economic output, or gross domestic product (GDP). We then used the value of lost welfare (VLW) approach, which is conceptually based on the value of a statistical life and is inclusive of non-market losses, to estimate the present value of long-run welfare losses resulting from mortality and short-run welfare losses resulting from morbidity incurred during 2010. Sensitivity analyses were performed for both approaches. During 2015-30, the VLO approach projected that surgical conditions would result in losses of 1·25% of potential GDP, or $20·7 trillion (2010 US$, purchasing power parity) in the 128 countries with data available. When expressed as a proportion of potential GDP, annual GDP losses were greatest in low-income and middle-income countries, with up to a 2·5% loss in output by 2030. When total welfare losses are assessed (VLW), the present value of economic losses is estimated to be equivalent to 17% of 2010 GDP, or $14·5 trillion in the 175 countries assessed with this approach. Neoplasm and injury account

Analysing global value chains using input-output economics : proceed with care

NARCIS (Netherlands)

Nomaler, Z.O.; Verspagen, B.

2014-01-01

Input-output economics has become a popular tool to analyse the international fragmentation of value chains, especially now that several multi-regional tables that cover large parts of the global economy have become available. It has been argued that these tables, when analysed with the help of the

Analysing global value chains using input-output economics: Proceed with care

NARCIS (Netherlands)

Nomaler, Ö.; Verspagen, B.

2014-01-01

Input-output economics has become a popular tool to analyse the international fragmentation of value chains, especially now that several multi-regional tables that cover large parts of the global economy have become available. It has been argued that these tables, when analysed with the help of the

Economic/climate recovery scorecards. How climate friendly are the economic recovery packages?

International Nuclear Information System (INIS)

Hoehne, N.; Eisbrenner, K.; Phylipsen, D.; Burck, J.; Van der Straeten, L.

2009-04-01

As global leaders head to the G20 summit to consider solutions to the current global economic crisis, a new report prepared by Ecofys and Germanwatch for WWF and E3G reveals that many of the economic recovery packages being discussed are a missed opportunity in terms of stimulating a green recovery, and actually run the risk of locking the world into a high-carbon future. The report provides the most detailed and comprehensive analysis to date of the proposed 'stimulus' packages of five key countries - France, Germany, Italy, the UK and the US - as well as the package agreed by the European Union as a whole.

Hydro-economic modeling of water scarcity under global change: an application to the Gállego river basin (Spain)

NARCIS (Netherlands)

Graveline, N.; Majone, B.; van Duinen, Rianne; Ansink, E.

2014-01-01

Integrated approaches are needed to assess the effects of global changes on the future state of water resources at regional scales. We develop a hydro-economic model of the Gállego catchment, Spain, to assess how global change and policy options affect the catchment’s water scarcity and the economic

Global Energy-saving Map of Strong Ocean Currents

Science.gov (United States)

2015-01-01

Current (SEC) current, which extends from the surface to about 100 m depth, approaches the Brazilian coast. The SEC splits into two branches near 10°S...19477–19498. FAO (2012). The state of world fisheries and Aquaculture 2012, Food and Agriculture Organization of the United Nations, Rome. ISBN 978-92-5...World Bank and FAO. (2009). The sunken billions. The economic justification for fisheries reform. Washington, DC, Agriculture and Rural Development

The impact of the global economic crisis on HIV and AIDS ...

African Journals Online (AJOL)

This investigation sought to ascertain the extent to which the global economic crisis of 2008–2009 affected the delivery of HIV/AIDS-related services directed at pregnant and lactating mothers, children living with HIV and children orphaned through HIV in Zambia. Using a combined macroeconomic analysis and a multiple ...

Current economic trends in equine practice.

Science.gov (United States)

Clark, Andrew R

2009-12-01

Current economic trends in equine practice are trends of weakness. Most practices, after a decade of double-digit growth, have migrated to survival mode within a few months. Understanding that all regions and disciplines are affected differently, using the Porter five forces model, we can identify changes that must be made in our business models first to survive and then to position ourselves to prosper when the recession ends. If we are to avoid long-term damage to our practices, we must use cost control and work efficiency in addition to price concessions.

GLOBAL ECONOMIC FACTORS ON GULF LABOR DYNAMICS: LOCALIZATION VERSUS IMMIGRATION

Directory of Open Access Journals (Sweden)

Esra Pakin ALBAYRAKOGLU

2010-07-01

Full Text Available The Gulf Cooperation Council (GCC represents an ambitious bloc of six Arab countries in pursuit of deeper integration with the global economy. Although the members differ among themselves in terms of composition of population, natural resources or economic and military capabilities, they look relatively similar as regards conservatism and prosperity based on hydrocarbon revenues. This paper presents an international political economy perspective on the past and present labor crises in the GCC countries and makes suggestions for improving the qualities and conditions of national and foreign work force. It is concluded that the GCC would survive in the post-carbon era, provided that economic diversification went coordinately with necessary adjustments in the labor sector

ECONOMIC REALITIES AND PROSPECTS OF BRICS AND G7

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Georgiana, Mîndreci

2013-01-01

Full Text Available In the context of the trends changing the balance of forces in the global economy, this paper mainly highlights the economic, political and strategic influences that the emerging countries, members of the BRICS group, undertake worldwide. The current economic crisis has imposed the enlargement of the debate framework focused on the global issues on the way of transition from the meetings of group G-7 of great industrial powers to the much wider group of G-20, to which the emerging countries also belong. There are also some estimates of the global economic environment for the following decades presented through the deductive analysis. It is expected that this context is highly influenced by the impact of the current crisis on the readjustment of the global spheres of influence. The rise of the emerging states, the change of their share in the global economy generates changes and influences the international decision-making framework. Practically, they are now major players on the stage of the new global order which the U.S. are forced to take into account, although they remain a world superpower.

Ciudades en la economía global: enfoques teóricos y metodológicos

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Saskia Sassen

1998-03-01

Full Text Available Ante la pregunta: ¿Qué explica la nueva o explosiva ampliación del papel de un tipo particular de ciudad en la economía mundial desde principios de los ochenta?, el artículo asume una doble perspectiva. Por una parte analiza el impacto derivado del incremento de la globalización de la actividad económica -lo que ha elevado la escala y complejidad de las transacciones económicas- y por otra, indaga el crecimiento de la intensidad de los servicios en la organización de la economía. Atendido a que el proceso clave, desde la perspectiva de la economía urbana, es la demanda creciente de servicios por parte de las empresas en todas las industrias, y el hecho de que las ciudades son sitios preferidos de producción para dichos servicios, sea en los niveles global, nacional o regional, el artículo examina con detalle los componentes principales en la nueva narrativa que ha surgido de la investigación sobre ciudades mundiales o globalesIn relation to the question: What explains the new or sudden expansion of the role played by a specific city within the world economy since the beginning of the eighties?, the article takes on two perspectives. On the one hand, it analyses the impact derived from the increase in globalization of economic actitivy -something which has broadened the scale and complexity of economic transactions- and, on the other, it investigates the growth of the impact of services within the organisation of the economy. Bearing in mind that the key process, from the point of view of urban economies, is the growing demand for services by companies in all industries, and the fact that cities are preferred sites by such services production, be it on a global, national or regional level, the article examines in detail the main components of the new discourse that has emerged from the research on world or global cities

INDUSTRIAL REGIONS OF RUSSIA IN THE CONDITIONS OF THE GLOBAL ECONOMIC CRISIS

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B.L. Kuznetsov

2009-09-01

Full Text Available This article considers reasons and consequences of the global economic crisis from the point of view of Russian regions development. The focus of an article is on the socio-economic situation of the Republic of Tatarstan – the territory with a large machine-building industry. Authors explain a need for the clear and efficient industrial policy both at the federal and regional levels of government. It should be oriented for the innovative development, resource saving and import replacement.

Long-Term Fundamentals of the 2008 Economic Crisis

OpenAIRE

David Mayer-Foulkes

2009-01-01

The current economic crisis has long-term causes that are rooted in the economic dynamics of globalization. I construct a Solow-style endogenous model of capital accumulation, technological change, trade and cheap-factor-seeking foreign direct investment (FDI), based on myopic agents. Combining advanced technologies with low costs, FDI yields extraordinary profits that generate asymmetric innovation incentives that explain the following stylized facts. Globalization (a) increases capital accu...

Gender regimes and the challenges of macroeconomic paradigm in Serbia in the light of the global economic crisis

Directory of Open Access Journals (Sweden)

Đurić-Kuzmanović Tatjana

2011-01-01

Full Text Available The paper is focused on the causes and gender effects of the current global economic crisis, its particular effects in the Republic of Serbia and on the possibilities of overcoming the crisis. Using feminist development economics perspective this paper offers criticism of neo-liberalism with respect to the crisis. The strong imbalance in the relationships between work and capital is explained as a result of neoliberal deregulation and separation of the market economy from social and natural reproduction, as well as ignoration of the hierarchical relation established between paid work and care as unpaid work performed mainly by women. With regard to Serbia, when foreign capital is lacking, privatization funds are empty and the structure deficit is significant, the economy has faced decrease in income, rise in unemployment, fall in aggregate demand and women and children suffer the most. A new gender sensitive development strategy should re-address the current unequal power relationship, so that all people can exercise choices that would lead them to a fulfilled life.

The 1996 global economic outlook: Skirting the edge

International Nuclear Information System (INIS)

Lieberman, C.

1996-01-01

The paper consists of data on global economics including charts on output per hour in private nonfarm business sector; labor force growth; payroll employment; civilian employment; hours worked/week in manufacturing; growth in manhours; civilian unemployment rate; inflation versus unemployment; wage inflation; unit labor costs; capacity utilization; durable goods backlogs; change in nonfarm business inventories; inflation-adjusted inventories relative to sales; home sales; housing starts; real disposable income and consumption; savings; household debt; office vacancy rates; nonresidential construction; trade balance; real growth in US versus the rest of the G-7; US export growth; consumer price index; and producer price index

Perceptions of Competence and the European Economic Crisis

DEFF Research Database (Denmark)

Chiozza, Giacomo; Manzetti, Luigi

2015-01-01

This study provides micro-level evidence for the new theories of accountability under globalization. We analyze the micro-level logic that underpins political accountability in democratic countries with highly globalized economies. We contend that voters discount current economic conditions...

Is there a technological fix for the current global stagnation?

DEFF Research Database (Denmark)

Lundvall, Bengt Åke

2017-01-01

Daniele Archibugi asks whether the 2007–8 financial and economic crisis was brought about by the exhaustion of the current techno-economic paradigm, and whether a new paradigm will lead to eventual recovery. My answer to both questions is ‘No’. Whilst it is useful to think in terms of techno-econ...... and ICTs. This regime might actually slow down the formation of a new techno-economic paradigm based around Blade Runner technologies such as genetic engineering, artificial intelligence and nanotechnology....

Associations of economic and gender inequality with global obesity prevalence: understanding the female excess.

Science.gov (United States)

Wells, Jonathan C K; Marphatia, Akanksha A; Cole, Tim J; McCoy, David

2012-08-01

Obesity is widely assumed to be associated with economic affluence; it has therefore been assumed to become more common with economic development. However, obesity has also been associated with poverty. These contrary findings highlight the need for an examination of the contribution of social and economic factors to the global distribution of obesity. Males and females may be differently exposed to social and economic inequality, however few studies have considered possible gender differences in the association between socio-economic indices and obesity prevalence. We analysed between-country associations between obesity prevalence and three social or economic indices: per capita gross domestic product (GDP), the Gini index of national wealth inequality, and the gender inequality index (GII). We considered the genders separately, the gender average, and also the gender difference (female excess) in obesity prevalence. Across 68 countries listing sample size, there were 3 obese women for every 2 obese men. Within populations, obesity prevalence in males and females was strongly correlated (r = 0.74), however, only 17% of the female excess prevalence was accounted for by the gender-average prevalence. In both genders, there was a positive association between obesity prevalence and GDP that attenuated at higher GDP levels, with this association weaker in females than males. Adjusting for GDP, both the Gini index and GII were associated with excess female obesity. These analyses highlight significant gender differences in the global distribution of obesity, and a gender difference in the association of obesity prevalence with socio-economic factors. The magnitude of female excess obesity is not constant across populations, and is greater in countries characterised by gender inequality and lower GDP. These findings indicate that improving women's status may be a key area for addressing the global obesity epidemic over the long term, with potential benefits for the

Global foot-and-mouth disease research update and gap analysis: 2 - epidemiology, wildlife and economics

Science.gov (United States)

In 2014, the Global Foot-and-mouth disease Research ings in the fields of (i) epidemiology, (ii) wildlife and (iii) Alliance (GFRA) conducted a gap analysis of foot-and- economics. Although the three sections, epidemiology, wildlife and economics are presented as separate entities, the fields are ...

Engineering economic analysis of meliponiculture in Malaysia considering current market price

Directory of Open Access Journals (Sweden)

Basrawi Firdaus

2017-01-01

Full Text Available Stingless bees (kelulut keeping is now a trend in Malaysia. However, since demand for the source of colony in log is increasing, the log price is rapidly increasing. But, there is no data reported on the economic viability of meliponiculture in the current market price. Thus, the objective of this study is to clarify the economic viability of investment in meliponiculture in the current market price by engineering economic perspective. Investment in meliponiculture was analysed using Equivalent Annual Uniform Cost (EAUC, Internal Rate of Return (IRR and Breakeven Analysis. A small start-up with 30 units of logs or hives was considered in the analysis. All raw data was acquainted from current Malaysian market price, but only revenue from honey was considered. It was found that EAUC indicated that the annual worth of the log system is 23% better than the hive system. However, IRR calculation indicated that both the log and the hive systems offer margin exceeding 55% which is a very good return in general investment. In addition, it was also found that the log system had breakeven after 8th month, whereas the hive was 13th month. Better economic value could be obtained if revenue from by-products are considered. Thus, it can be concluded that meliponiculture is still very economically viable in Malaysia market trend, and the hive systems could be a better choice if splitting colony, maintenance, safety and aesthetics points of view are considered.

Global health and development: conceptualizing health between economic growth and environmental sustainability.

Science.gov (United States)

Borowy, Iris

2013-07-01

After World War II, health was firmly integrated into the discourse about national development. Transition theories portrayed health improvements as part of an overall development pattern based on economic growth as modeled by the recent history of industrialization in high-income countries. In the 1970s, an increasing awareness of the environmental degradation caused by industrialization challenged the conventional model of development. Gradually, it became clear that health improvements depended on poverty-reduction strategies including industrialization. Industrialization, in turn, risked aggravating environmental degradation with its negative effects on public health. Thus, public health in low-income countries threatened to suffer from lack of economic development as well as from the results of global economic development. Similarly, demands of developing countries risked being trapped between calls for global wealth redistribution, a political impossibility, and calls for unrestricted material development, which, in a world of finite land, water, air, energy, and resources, increasingly looked like a physical impossibility, too. Various international bodies, including the WHO, the Brundtland Commission, and the World Bank, tried to capture the problem and solution strategies in development theories. Broadly conceived, two models have emerged: a "localist model," which analyzes national health data and advocates growth policies with a strong focus on poverty reduction, and a "globalist" model, based on global health data, which calls for growth optimization, rather than maximization. Both models have focused on different types of health burdens and have received support from different institutions. In a nutshell, the health discourse epitomized a larger controversy regarding competing visions of development.

Biofuels and their by-products: Global economic and environmental implications

International Nuclear Information System (INIS)

Taheripour, Farzad; Hertel, Thomas W.; Tyner, Wallace E.; Beckman, Jayson F.; Birur, Dileep K.

2010-01-01

Recently a number of papers have used general equilibrium models to study the economy-wide and environmental consequences of the first generation of biofuels (FGB). In this paper, we argue that nearly all of these studies have overstated the impacts of FGB on global agricultural and land markets due to the fact that they have ignored the role of biofuel by-products. Feed by-products of FGB, such as dried distillers grains with solubles (DDGS) and oilseed meals (VOBP), are used in the livestock industry as protein and energy sources. Their presence mitigates the price impacts of biofuel production. More importantly, they reduce the demand for cropland and moderate the indirect land use consequences of FGB. This paper explicitly introduces DDGS and VOBP into a global computational general equilibrium (CGE) model, developed at the Center for Global Trade Analysis at Purdue University, to examine the economic and environmental impacts of regional and international mandate policies designed to stimulate bioenergy production and use. We show that models with and without by-products reveal different portraits of the economic impacts of the US and EU biofuel mandates for the world economy in 2015. While both models demonstrate significant changes in the agricultural production pattern across the world, the model with by-products shows smaller changes in the production of cereal grains and larger changes for oilseeds products in the US and EU, and the reverse for Brazil. Models that omit by-products are found to overstate cropland conversion from US and EU mandates by about 27%. (author)

THE IMPACT OF THE FINANCIAL AND ECONOMIC GLOBAL CRISIS OVER THE ROMANIAN BANKING SYSTEM

Directory of Open Access Journals (Sweden)

Ciobanu (Sireteanu Elena

2011-12-01

Full Text Available This paper analyzes the evolution of the Romanian banking system during 2007 - 2010 compared to the same segment of financial market dynamics in the Member States. Also seeks to detect the effects of the global financial and economic crisis on lending activity, the management of liquidity risk and thereby the effect on the profitability of the Romanian banking sector and outline the prospects of further development. The macroeconomic and financial international background has undergone negative changes, especially in the autumn of 2008. Romania's financial system has evolved but strongly marked by the virulent manifestations of global financial and economic crisis. The banking system which is the dominant component in the financial system is well capitalized, has resisted, until now, these pressures, without recording any bankruptcy. As a lending crunch from the increase in provision expenses, against the backdrop of bad loans it seems to be a poor performance of the banking system for the future period, taking into account the negative financial result recorded at the end of 2010. Given the high degree of capitalization, liquidity level indicators, on this, consider that local banks are well placed to support the real economy on long-term lending conditions imposed by prudential regulations in the field. Currently, at the level of the Romanian banking system, we consider it is necessary to continue the measures imposed by the monetary authority to ensure the reduction of uncertainty and reassure market participants in future developments, as trust is the essential factor for the crisis. In this sense, we consider very important the debate, the direct involvement of representatives of the central bank and academic themes reflecting the current state of the Romanian financial system, lessons learned from the crisis and Romania's objectives for the future - providing a sustainable process of nominal and real convergence of the Romanian economy

Effects of economics and demographics on global fisheries sustainability.

Science.gov (United States)

Ding, Qi; Wang, Yali; Chen, Xinjun; Chen, Yong

2017-08-01

A good understanding of social factors that lead to marine ecological change is important to developing sustainable global fisheries. We used balanced panel models and conducted cross-national time-series analyses (1970-2010) of 122 nations to examine how economic prosperity and population growth affected the sustainability of marine ecosystems. We used catches in economic exclusive zone (EEZ); mean trophic level of fishery landings (MTL); primary production required to sustain catches (expressed as percentage of local primary production [%PPR]); and an index of ecosystem overfishing (i.e., the loss in secondary production index [L index]) as indicators of ecological change in marine ecosystems. The EEZ catch, %PPR, and L index declined gradually after gross domestic product (GDP) per capita reached $15,000, $14,000, and $19,000, respectively, and MTL increased steadily once GDP per capita exceeded $20,000. These relationships suggest that economic growth and biodiversity conservation are compatible goals. However, increasing human populations would degrade marine ecosystems. Specifically, a doubling of human population caused an increase in the %PPR of 17.1% and in the L index of 0.0254 and a decline in the MTL of 0.176. A 1% increase in human population resulted in a 0.744% increase in EEZ catch. These results highlight the importance of considering social and economic factors in developing sustainable fisheries management policy. © 2016 Society for Conservation Biology.

The impact of rapid economic growth and globalization on zinc nutrition in South Korea.

Science.gov (United States)

Kwun, In-Sook; Do, Mi-Sook; Chung, Hae-Rang; Kim, Yang Ha; Beattie, John H

2009-08-01

Zn deficiency may be widespread in Asian countries such as South Korea. However, dietary habits have changed in response to rapid economic growth and globalization. Zn nutrition in South Koreans has therefore been assessed during a period (1969-1998) of unprecedented economic growth. Cross-sectional food consumption data from the Korean National Nutrition Survey Reports (KNNSR) of South Korea at four separate time points (1969, 1978, 1988 and 1998) were used to calculate Zn, Ca and phytate intakes using various food composition tables, databases and literature values. Nutrient values in local foods were cited from their analysed values. Average Zn intake was 5.8, 4.8 and 5.3 mg/d for 1969, 1978 and 1988 respectively, increasing to 7.3 mg/d in 1998 (73 % of the Korean Dietary Reference Intake). The phytate:Zn molar ratio decreased from 21 to 8 during the study period. Dietary Zn depletion due to marked decreases in cereal consumption, particularly barley which has a low Zn bioavailability, was counterbalanced by marked increases in the consumption of meat and fish, which are also Zn-rich foods. Reduced phytate consumption coincident with increased Zn intake suggests that Zn bioavailability also improved, particularly by 1998. Although total Zn intake was not greatly affected over the initial period of economic growth in South Korea (1969-1988), Zn contributions from different food sources changed markedly and both Zn intake and potential bioavailability were improved by 1998. The study may have implications for Zn nutrition in other Asian countries currently experiencing rapid economic growth.

The Impact of the Global Economic Crisis on Cambodia

OpenAIRE

Pisey Khin; Ryuta Ray Kato

2010-01-01

We numerically examine the impact of the global economic crisis on the Cambodian garment exports as well as its economy by using the conventional CGE model. A seminal aspect of the paper is that we have successfully estimated the curvature of the CET and CES production functions for the Cambodian economy, by using the time series regression method. One of our most striking results indicates that the welfare cost of the impact of the crisis at least reaches 281 million US dollars, thus resulti...

CURRENT ACCOUNT DEFICIT AND ECONOMIC GROWTH IN ARMENIA

Directory of Open Access Journals (Sweden)

Arus Tunian

2015-07-01

Full Text Available The article is devoted to the study of the problem of economic growth in Armenia. It is identified the nature of the balance of payments of the country, indicating a net debtor position, which leads to inherent deterioration of the international investment position. A small open economy of Armenia moves to a new phase of development, in the frame of the integration processes within the Customs Union and the Eurasian Economic Union of Russia, Belarus and Kazakhstan. One of the main characteristics of the Armenian economy vulnerability remains a negative balance in foreign trade, which continues to grow, despite the export growth. Economic growth is provided, as before, mostly due to the sale of raw materials - non-ferrous metals and metal ores, both in the primary as well as in the previous preprocessing. Estimating the econometric VAR models revealed that the negative current account impacts on GDP growth negatively.

Eurasia: The Rivalry of Global Integration Projects

Directory of Open Access Journals (Sweden)

Olesia Kobenko

2016-05-01

Full Text Available The article reveals the Eurasian integration projects as major drivers of world globalization. Eurasian regionalism seems to be gaining attention in the scientific literature. Under the current political circumstance many regions are accelerating integration and many countries are opting for regional associations as a mechanism to help them overcome the global recession. Moreover, the global political leaders , some developed countries - the U.S., China, and the European Union (EU are interested to set up regional economic blocs such as Eurasian Economic Union (The EEU, the China's project 'One Belt One Road', the U.S's projects - The Trans-Pacific Partnership (TPP and The Transatlantic Trade and Investment Partnership (TTIP. The goal of this paper is to introduce a number of integration initiatives and to analyze the current strategies of Eurasian regionalism.

Economic impact analysis for global warming: Sensitivity analysis for cost and benefit estimates

International Nuclear Information System (INIS)

Ierland, E.C. van; Derksen, L.

1994-01-01

Proper policies for the prevention or mitigation of the effects of global warming require profound analysis of the costs and benefits of alternative policy strategies. Given the uncertainty about the scientific aspects of the process of global warming, in this paper a sensitivity analysis for the impact of various estimates of costs and benefits of greenhouse gas reduction strategies is carried out to analyze the potential social and economic impacts of climate change

Overlapping generations or infinitely-lived agents. Intergenerational altruism and the economics of global warming

International Nuclear Information System (INIS)

Stephan, G.; Mueller-Fuerstenberger, G.; Previdoli, P.

1997-01-01

Do we need an overlapping generations model for the economics of global warming? To answer this question, an infinitely-lived agent (ILA) approach and an overlapping generations (OLG) model are contrasted. ILA and OLG can be viewed as polar representations of intergenerational altruism. With ILA an immortal agent acts through his investments/savings decisions as trustee on the behalf of the future generations. With OLG, agents need not behave altruistic. They simply save during working years and dissave completely during retirement. Nevertheless, ILA and OLG must not differ in their implication for greenhouse policy. Greenhouse gas abatement is a straightforward alternative to physical capital formation and, even without altruism, each age cohort has an incentive to provide current abatement in order to reduce future damages attributable to climate change. Indeed, under reasonable assumptions and parameter values, our simulations reveal such an invariance result. Provided carbon taxes are the only policy tool and tax revenues are recycled through socially mandated rules, projections of economic growth, climate change and energy consumption are only insignificantly affected by the choice of approach. 4 figs., 2 tabs., 14 refs

Overlapping generations or infinitely-lived agents. Intergenerational altruism and the economics of global warming

Energy Technology Data Exchange (ETDEWEB)

Stephan, G.; Mueller-Fuerstenberger, G.; Previdoli, P. [Department of Applied Microeconomics, University of Bern, Bern (Switzerland)

1997-07-01

Do we need an overlapping generations model for the economics of global warming? To answer this question, an infinitely-lived agent (ILA) approach and an overlapping generations (OLG) model are contrasted. ILA and OLG can be viewed as polar representations of intergenerational altruism. With ILA an immortal agent acts through his investments/savings decisions as trustee on the behalf of the future generations. With OLG, agents need not behave altruistic. They simply save during working years and dissave completely during retirement. Nevertheless, ILA and OLG must not differ in their implication for greenhouse policy. Greenhouse gas abatement is a straightforward alternative to physical capital formation and, even without altruism, each age cohort has an incentive to provide current abatement in order to reduce future damages attributable to climate change. Indeed, under reasonable assumptions and parameter values, our simulations reveal such an invariance result. Provided carbon taxes are the only policy tool and tax revenues are recycled through socially mandated rules, projections of economic growth, climate change and energy consumption are only insignificantly affected by the choice of approach. 4 figs., 2 tabs., 14 refs.

A global view of shifting cultivation: Recent, current, and future extent.

Directory of Open Access Journals (Sweden)

Andreas Heinimann

Full Text Available Mosaic landscapes under shifting cultivation, with their dynamic mix of managed and natural land covers, often fall through the cracks in remote sensing-based land cover and land use classifications, as these are unable to adequately capture such landscapes' dynamic nature and complex spectral and spatial signatures. But information about such landscapes is urgently needed to improve the outcomes of global earth system modelling and large-scale carbon and greenhouse gas accounting. This study combines existing global Landsat-based deforestation data covering the years 2000 to 2014 with very high-resolution satellite imagery to visually detect the specific spatio-temporal pattern of shifting cultivation at a one-degree cell resolution worldwide. The accuracy levels of our classification were high with an overall accuracy above 87%. We estimate the current global extent of shifting cultivation and compare it to other current global mapping endeavors as well as results of literature searches. Based on an expert survey, we make a first attempt at estimating past trends as well as possible future trends in the global distribution of shifting cultivation until the end of the 21st century. With 62% of the investigated one-degree cells in the humid and sub-humid tropics currently showing signs of shifting cultivation-the majority in the Americas (41% and Africa (37%-this form of cultivation remains widespread, and it would be wrong to speak of its general global demise in the last decades. We estimate that shifting cultivation landscapes currently cover roughly 280 million hectares worldwide, including both cultivated fields and fallows. While only an approximation, this estimate is clearly smaller than the areas mentioned in the literature which range up to 1,000 million hectares. Based on our expert survey and historical trends we estimate a possible strong decrease in shifting cultivation over the next decades, raising issues of livelihood security

Estimating current and future global urban domestic material consumption

Science.gov (United States)

Baynes, Timothy Malcolm; Kaviti Musango, Josephine

2018-06-01

Urban material resource requirements are significant at the global level and these are expected to expand with future urban population growth. However, there are no global scale studies on the future material consumption of urban areas. This paper provides estimates of global urban domestic material consumption (DMC) in 2050 using three approaches based on: current gross statistics; a regression model; and a transition theoretic logistic model. All methods use UN urban population projections and assume a simple ‘business-as-usual’ scenario wherein historical aggregate trends in income and material flow continue into the future. A collation of data for 152 cities provided a year 2000 world average DMC/capita estimate, 12 tons/person/year (±22%), which we combined with UN population projections to produce a first-order estimation of urban DMC at 2050 of ~73 billion tons/year (±22%). Urban DMC/capita was found to be significantly correlated (R 2 > 0.9) to urban GDP/capita and area per person through a power law relation used to obtain a second estimate of 106 billion tons (±33%) in 2050. The inelastic exponent of the power law indicates a global tendency for relative decoupling of direct urban material consumption with increasing income. These estimates are global and influenced by the current proportion of developed-world cities in the global population of cities (and in our sample data). A third method employed a logistic model of transitions in urban DMC/capita with regional resolution. This method estimated global urban DMC to rise from approximately 40 billion tons/year in 2010 to ~90 billion tons/year in 2050 (modelled range: 66–111 billion tons/year). DMC/capita across different regions was estimated to converge from a range of 5–27 tons/person/year in the year 2000 to around 8–17 tons/person/year in 2050. The urban population does not increase proportionally during this period and thus the global average DMC/capita increases from ~12 to ~14 tons

Economizing on vacations: the role of information searching

NARCIS (Netherlands)

Bronner, F.; de Hoog, R.

2013-01-01

Purpose - The consumer is currently feeling the consequences of the global economic crisis, leading to decreased spending by tourists. An important economizing strategy appears to be that vacationers do not give up their holiday but are likely to travel closer to home, a phenomenon called

Global Trends in Academic Governance

Science.gov (United States)

Cummings, William K.; Finkelstein, Martin

2009-01-01

Even before the current global economic crisis, discontent with the governance of higher education institutions was widespread among faculty in the United States and throughout the world. Drawing from the 2007 Changing Academic Profession (CAP) survey of faculty in seventeen countries, the authors examine faculty perceptions of the current state…

Economic Valuation of the Global Burden of Cleft Disease Averted by a Large Cleft Charity.

Science.gov (United States)

Poenaru, Dan; Lin, Dan; Corlew, Scott

2016-05-01

This study attempts to quantify the burden of disease averted through the global surgical work of a large cleft charity, and estimate the economic impact of this effort over a 10-year period. Anonymized data of all primary cleft lip and cleft palate procedures in the Smile Train database were analyzed and disability-adjusted life years (DALYs) calculated using country-specific life expectancy tables, established disability weights, and estimated success of surgery and residual disability probabilities; multiple age weighting and discounting permutations were included. Averted DALYs were calculated and gross national income (GNI) per capita was then multiplied by averted DALYs to estimate economic gains. 548,147 primary cleft procedures were performed in 83 countries between 2001 and 2011. 547,769 records contained complete data available for the study; 58 % were cleft lip and 42 % cleft palate. Averted DALYs ranged between 1.46 and 4.95 M. The mean economic impact ranged between USD 5510 and 50,634 per person. This corresponded to a global economic impact of between USD 3.0B and 27.7B USD, depending on the DALY and GNI values used. The estimated cost of providing these procedures based on an average reimbursement rate was USD 197M (0.7-6.6 % of the estimated impact). The immense economic gain realized through procedures focused on a small proportion of the surgical burden of disease highlights the importance and cost-effectiveness of surgical treatment globally. This methodology can be applied to evaluate interventions for other conditions, and for evidence-based health care resource allocation.

Systemic determinants of modern gravitational processes in the geo-economic space

Directory of Open Access Journals (Sweden)

Zoryana Lutsyshyn

2015-12-01

Full Text Available From the compositional point of view, research on this topic has revealed two main directions: (1 an analysis of global development asymmetry that has activated gravitational processes in geo-economic space; and (2 a direction that focuses on the profound study of the causes for heterogeneity in geo-economic space and divergence in global development under the influence of gravitational factors of nature on the endogenousexogenous axis. Systemic determinants of gravitational processes are revealed in geo- economic space and the asymmetry of global activate ravitional processes in geo-economic space are observed, and methodological interconnectedness coinfluence of two complementary determinants of global development – convergence and divergence and the contradiction between them are examined, which at the same time underlie the inevitable internal contradictions of the process, creating conditions for further configuration of the «new globalization community», which is built on the principles of nonlinear dynamics and logic gravitational processes in geo-economic space.Taking into account the relevant uncertainties, the attention is focused on the isolation of several myths around which the debate that has important methodological significance in the context of the current global inter-system transformations is held. Geostrategic matrix divergence of global development is produced,which is based on techniques which incorporated cluster analysisthat are built on linguistic variables and integrated analysis of the key trends of country and global development geostrategic position of Ukraine in geo-economic space in the projection on the issues of global inter-system transformations isoutlined .It is proved that the level of gravity load increases in the deepening of the global asymmetries , and that the current global transformation is not yet complete, and polycentric new architecture geospace is not formed. In the near future we should

Global pyrogeography: the current and future distribution of wildfire.

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Meg A Krawchuk

Full Text Available Climate change is expected to alter the geographic distribution of wildfire, a complex abiotic process that responds to a variety of spatial and environmental gradients. How future climate change may alter global wildfire activity, however, is still largely unknown. As a first step to quantifying potential change in global wildfire, we present a multivariate quantification of environmental drivers for the observed, current distribution of vegetation fires using statistical models of the relationship between fire activity and resources to burn, climate conditions, human influence, and lightning flash rates at a coarse spatiotemporal resolution (100 km, over one decade. We then demonstrate how these statistical models can be used to project future changes in global fire patterns, highlighting regional hotspots of change in fire probabilities under future climate conditions as simulated by a global climate model. Based on current conditions, our results illustrate how the availability of resources to burn and climate conditions conducive to combustion jointly determine why some parts of the world are fire-prone and others are fire-free. In contrast to any expectation that global warming should necessarily result in more fire, we find that regional increases in fire probabilities may be counter-balanced by decreases at other locations, due to the interplay of temperature and precipitation variables. Despite this net balance, our models predict substantial invasion and retreat of fire across large portions of the globe. These changes could have important effects on terrestrial ecosystems since alteration in fire activity may occur quite rapidly, generating ever more complex environmental challenges for species dispersing and adjusting to new climate conditions. Our findings highlight the potential for widespread impacts of climate change on wildfire, suggesting severely altered fire regimes and the need for more explicit inclusion of fire in research

Global pyrogeography: the current and future distribution of wildfire.

Science.gov (United States)

Krawchuk, Meg A; Moritz, Max A; Parisien, Marc-André; Van Dorn, Jeff; Hayhoe, Katharine

2009-01-01

Climate change is expected to alter the geographic distribution of wildfire, a complex abiotic process that responds to a variety of spatial and environmental gradients. How future climate change may alter global wildfire activity, however, is still largely unknown. As a first step to quantifying potential change in global wildfire, we present a multivariate quantification of environmental drivers for the observed, current distribution of vegetation fires using statistical models of the relationship between fire activity and resources to burn, climate conditions, human influence, and lightning flash rates at a coarse spatiotemporal resolution (100 km, over one decade). We then demonstrate how these statistical models can be used to project future changes in global fire patterns, highlighting regional hotspots of change in fire probabilities under future climate conditions as simulated by a global climate model. Based on current conditions, our results illustrate how the availability of resources to burn and climate conditions conducive to combustion jointly determine why some parts of the world are fire-prone and others are fire-free. In contrast to any expectation that global warming should necessarily result in more fire, we find that regional increases in fire probabilities may be counter-balanced by decreases at other locations, due to the interplay of temperature and precipitation variables. Despite this net balance, our models predict substantial invasion and retreat of fire across large portions of the globe. These changes could have important effects on terrestrial ecosystems since alteration in fire activity may occur quite rapidly, generating ever more complex environmental challenges for species dispersing and adjusting to new climate conditions. Our findings highlight the potential for widespread impacts of climate change on wildfire, suggesting severely altered fire regimes and the need for more explicit inclusion of fire in research on global

Advancing social and economic development by investing in women's and children's health: a new Global Investment Framework.

Science.gov (United States)

Stenberg, Karin; Axelson, Henrik; Sheehan, Peter; Anderson, Ian; Gülmezoglu, A Metin; Temmerman, Marleen; Mason, Elizabeth; Friedman, Howard S; Bhutta, Zulfiqar A; Lawn, Joy E; Sweeny, Kim; Tulloch, Jim; Hansen, Peter; Chopra, Mickey; Gupta, Anuradha; Vogel, Joshua P; Ostergren, Mikael; Rasmussen, Bruce; Levin, Carol; Boyle, Colin; Kuruvilla, Shyama; Koblinsky, Marjorie; Walker, Neff; de Francisco, Andres; Novcic, Nebojsa; Presern, Carole; Jamison, Dean; Bustreo, Flavia

2014-04-12

A new Global Investment Framework for Women's and Children's Health demonstrates how investment in women's and children's health will secure high health, social, and economic returns. We costed health systems strengthening and six investment packages for: maternal and newborn health, child health, immunisation, family planning, HIV/AIDS, and malaria. Nutrition is a cross-cutting theme. We then used simulation modelling to estimate the health and socioeconomic returns of these investments. Increasing health expenditure by just $5 per person per year up to 2035 in 74 high-burden countries could yield up to nine times that value in economic and social benefits. These returns include greater gross domestic product (GDP) growth through improved productivity, and prevention of the needless deaths of 147 million children, 32 million stillbirths, and 5 million women by 2035. These gains could be achieved by an additional investment of $30 billion per year, equivalent to a 2% increase above current spending. Copyright © 2014 Elsevier Ltd. All rights reserved.

Economic costs of protistan and metazoan parasites to global mariculture.

Science.gov (United States)

Shinn, A P; Pratoomyot, J; Bron, J E; Paladini, G; Brooker, E E; Brooker, A J

2015-01-01

Parasites have a major impact on global finfish and shellfish aquaculture, having significant effects on farm production, sustainability and economic viability. Parasite infections and impacts can, according to pathogen and context, be considered to be either unpredictable/sporadic or predictable/regular. Although both types of infection may result in the loss of stock and incur costs associated with the control and management of infection, predictable infections can also lead to costs associated with prophylaxis and related activities. The estimation of the economic cost of a parasite event is frequently complicated by the complex interplay of numerous factors associated with a specific incident, which may range from direct production losses to downstream socio-economic impacts on livelihoods and satellite industries associated with the primary producer. In this study, we examine the world's major marine and brackish water aquaculture production industries and provide estimates of the potential economic costs attributable to a range of key parasite pathogens using 498 specific events for the purposes of illustration and estimation of costs. This study provides a baseline resource for risk assessment and the development of more robust biosecurity practices, which can in turn help mitigate against and/or minimise the potential impacts of parasite-mediated disease in aquaculture.

A critical review of regional economic integration in China

OpenAIRE

Wang RUI

2015-01-01

Under the circumstances of economic globalization, regional economic integration has become the mainstream of current economic development for each country, so China has to pay more attention to it. The critical review on regional economic integration in China can lay a certain foundation and provide experience for the in-depth research. Main contents of regional economic integration are refined according to the previous studies and realities, including the integration of regional economic re...

OPPORTUNITIES AND RISKS OF GLOBALIZATION IN RURAL AREAS. CASE STUDY: BOTOSANI COUNTY

Directory of Open Access Journals (Sweden)

Maria-Simona Cuciureanu

2014-04-01

Full Text Available The global economy plays an important role in the development of a region or a county/district as it promotes the exploitation of resources and space in a logical and rational manner. The trend of global economic uniformity allows opportunities and risks to Botoșani County since globalization involves economic development and rising living standards, but loss of cultural values, traditions and customs. The area of study currently confronts with socio-economic and demographic changes that may be addressed by globalization, but at the same time spatial development according to global standards will cause the loss of Botoșani County’s authenticity.

Reduced Deforestation and Economic Growth

OpenAIRE

Patrick Doupe

2014-01-01

The clearing of forests for agricultural land and other marketable purposes is a well-trodden path of economic development. With these private benefits from deforestation come external costs: emissions from deforestation currently account for 12 per cent of global carbon emissions. A widespread intervention in reducing emissions from deforestation will affect the paths of agricultural expansion and economic growth of lower income nations. To investigate these processes, this paper presents a ...

Breaking the Global Production Chain: Thai women's struggles for economic rights and justice

OpenAIRE

Junya Lek Yimprasert

2006-01-01

Junya Lek Yimprasert, founder of the Thai Labor Campaign, reviews workers’ rights in the context of today's fast moving global production chain. She asks women concerned with economic justice to look beyond just dialogue and build global solidarity based on worker's dignity, rights, hearts and lives. It is not short-term charity that is needed but solidarity that paves the way for self-determination, freedom of association and a share in the huge profits that are built on the exploitation of ...

Prospective of Transformation of Current Models of the Global Pharmaceutical Market

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Yuriy Solodkovskyy

2012-02-01

Full Text Available This article thoroughly analyzes the current state of the global pharmaceutical market, defines the key factors for its development and outlines the promising areas of transformation of existing business models of top companies. The forecasted data relating to the market development until 2015 have been investigated. The global, market, technological and organizational factors of transformation of modern model of the global pharmaceutical market have been identified.

Global city aspirations, graduated citizenship and public housing: analysing the consumer citizenships of neoliberalism

OpenAIRE

Dallas Rogers; Michael Darcy

2014-01-01

Global city discourses rearticulate the relationships between the state, urban space and the global economy. At the local level, global city reconfigurations stamp the mark of a global economic order onto local citizenship practices. Public housing is a legacy of specific national (welfare) states where citizenship rights arose from territorially bound constitutional discourses, and is incompatible in its current form with the consumer-based rights and responsibilities of a global economic or...

Global financial strategies for economic growth and energy in a charged world

International Nuclear Information System (INIS)

Wappenhans, W.A.

1994-01-01

The need for environment and financing for the economical and technical development of the energy sector is referred to from a global view. On the understanding of a transition to a privatised supply industry, the measure of financing the fixed energy industry investments is not seen as the greatest problem of the future. (UA) [de

Global economic impacts of climate variability and change during the 20th century

NARCIS (Netherlands)

Estrada, Francisco; Tol, Richard S.J.; Botzen, Wouter J.W.

2017-01-01

Estimates of the global economic impacts of observed climate change during the 20th century obtained by applying five impact functions of different integrated assessment models (IAMs) are separated into their main natural and anthropogenic components. The estimates of the costs that can be

The Economic Impact of Globalization in Asia-Pacific - The Case of The Flying Geese

OpenAIRE

Christer Ljungwall; Örjan Sjöberg

2005-01-01

In Pacific Asia, globalization has resulted in rapidly growing international flows of goods, portfolio capital, and direct investments. At the same time, several countries shift from a command to market economy. Against this background, we analyze the perhaps most popular model used to depict the process of economic integration and development in Pacific Asia, the flying geese pattern of shifting comparative advantage. Our point of departure is that economic and other social processes are bes...

Techniques for Analyzing the Attractiveness of International Commodity Markets Under Conditions of Economic Globalization

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Olha Pryhara

2006-03-01

Full Text Available This article examines existing techniques and proposes its own for analyzing the attractiveness of international commodity markets in light of the globalization of world economic processes. Taking into account the supranational nature of the world economic environment when examining categories in the attractiveness of international commodity markets, the author introduces a multilevel system of indicators: market attractiveness at the mega-level – global level; market attractiveness at the macro-level national level; market attractiveness at the mezo-level – level of an individual sector. The attractiveness of international commodity markets is considered to be the degree of conformity between market environment factors and the mega-, macro- and mezo-levels of the economic interests of enterprises concerning the entry into and strategies for their activity on the international commodity markets in the short-, medium- and long-term. The author designs a stage-by-stage technique for strategically analyzing the attractiveness of international commodity markets in order to frame efficient market strategies of enterprises. Relying on the proposed techniques, she rates the integrated indicators of market accessibility and the possibility of realizing the economic interests of enterprises in target markets, bringing the index data into a matrix of «market accessibility – opportunity for realizing the economic interests of enterprises.» The analysis of a country’s position in the matrix makes it possible to frame efficient market strategies for enterprises.

Local versus Global Environmental Performance of Dairying and Their Link to Economic Performance: A Case Study of Swiss Mountain Farms

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Nina Repar

2016-12-01

Full Text Available Complying with the carrying capacity of local and global ecosystems is a prerequisite to ensure environmental sustainability. Based on the example of Swiss mountain dairy farms, the goal of our research was firstly to investigate the relationship between farm global and local environmental performance. Secondly, we aimed to analyse the relationship between farm environmental and economic performance. The analysis relied on a sample of 56 Swiss alpine dairy farms. For each farm, the cradle-to-farm-gate life cycle assessment was calculated, and the quantified environmental impacts were decomposed into their on- and off-farm parts. We measured global environmental performance as the digestible energy produced by the farm per unit of global environmental impact generated from cradle-to-farm-gate. We assessed local environmental performance by dividing farm-usable agricultural area by on-farm environmental impact generation. Farm economic performance was measured by work income per family work unit, return on equity and output/input ratio. Spearman’s correlation analysis revealed no significant relationship, trade-offs or synergies between global and local environmental performance indicators. Interestingly, trade-offs were observed far more frequently than synergies. Furthermore, we found synergies between global environmental and economic performance and mostly no significant relationship between local environmental and economic performance. The observed trade-offs between global and local environmental performance mean that, for several environmental issues, any improvement in global environmental performance will result in deterioration of local environmental performance and vice versa. This finding calls for systematic consideration of both dimensions when carrying out farm environmental performance assessments.

Global health politics: neither solidarity nor policy: Comment on "Globalization and the diffusion of ideas: why we should acknowledge the roots of mainstream ideas in global health".

Science.gov (United States)

Méndez, Claudio A

2014-07-01

The global health agenda has been dominating the current global health policy debate. Furthermore, it has compelled countries to embrace strategies for tackling health inequalities in a wide range of public health areas. The article by Robert and colleagues highlights that although globalization has increased opportunities to share and spread ideas, there is still great asymmetry of power according to the countries' economic and political development. It also emphasizes how policy diffusion from High Income Countries (HICs) to Low- and Middle-Income Countries (LMICs) have had flaws at understanding their political, economic, and cultural backgrounds while they are pursuing knowledge translation. Achieving a fair global health policy diffusion of ideas would imply a call for a renewal on political elites worldwide at coping global health politics. Accordingly, moving towards fairness in disseminating global health ideas should be driven by politics not only as one of the social determinants of health, but the main determinant of health and well-being among-and within-societies.

Global epidemiology of phytoplasma diseases of economic importance in Southeast Europe

OpenAIRE

Mitrev, Sasa

2007-01-01

The network ‘Global epidemiology of phytoplasma diseases of economic importance in Southeast Europe’ will coordinate the efforts of plant pathologists, microbiologists and entomologists of Southeast European countries to better monitor phytoplasma strains propagation through nurseries and insect vectors, at the European scale. This will be investigated both in plants and insects using up to date molecular typing tools and real-time PCR detection technology. In addition, the network will initi...

The global economic contribution of protected natural lands and wilderness through tourism

Science.gov (United States)

H. Ken Cordell; J. Michael Bowker

2007-01-01

These are the first-round results of a project aimed at exploring at a global scale the complex relationships between protected natural lands, tourism, and economic growth. In this fist round we mainly were interested in secondary sources of data and parameters from previously published studies. In presenting results for the 8th World Wilderness Congress, we provided...

Deepening the economic integration in the Eastern Partnership: from a Free Trade Area to a Neighbourhood Economic Community?

Directory of Open Access Journals (Sweden)

Gabriela DRĂGAN

2015-12-01

Full Text Available Different forms of cooperation and regional integration, implying specific institutional agreements and instruments, have been developed in the last decades in the EU neighbourhood. The offer provided by the Eastern Partnership (EaP, which includes both economic and political objectives, has not proven attractive enough for the Eastern Neighbourhood. The region is currently divided between two global powers (EU and Russia and two competing regional integration areas, the Deep and Comprehensive Free Trade Area and the Eurasian Single Economic Space. The paper focuses on the main limits of the economic tools included in the EU’s current offer and proposes several directions for EaP’s reform.

The effects of the global economic crisis in Latin America

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Arturo Guillén R.

2011-06-01

Full Text Available The aim of this article is to analyze the current phase of the global crisis and the way it has manifested itself in Latin America. The global crisis is the most important capitalist crisis since World War II. It is a new type of debt-deflation crisis, highlighting the limits of the finance-dominated regime of accumulation and characterized by securitization. Latin American countries have not been immune to the global crisis. Since it sets limits on globalization, the impossibility of maintaining export-driven accumulation sustained by restrictive monetary and fiscal policies becomes clear. This time, there will be no way out in external markets for any country. That fact will force them to restructure productive systems and search for a way out in domestic markets and in regional spaces for integration.

Climate economics in progress 2011

International Nuclear Information System (INIS)

De Perthuis, Christian; Jouvet, Pierre-Andre; Trotignon, Raphael; Simonet, Gabriela; Boutueil, Virginie

2011-01-01

Climate Economics in Progress offers a global overview of the present status of action on climate change. Drawing on the most recent data, it analyzes the development of carbon markets in Europe and other parts of the world. It also examines the conditions for including major players such as China and new sectors such as agriculture, forestry and transport in the fight against global warming. The book is essential reading for anyone wishing to understand current advances in climate control, which could pave the way for a new form of economic growth. The book brings together a group of researchers whose goal is to make the link between academic research on the economics of climate change and the implementation of operational tools, thereby allowing the climate issue to be integrated into the functioning of the real economy

Globalization and Development: A Critical Overview of Nigeria's ...

African Journals Online (AJOL)

Globalization as a worldwide phenomenon has affected every nation of the world either positively or negatively. Since the inception of the current democratic administration, and in line with global trends, government has embarked on reform programmes at promoting private sector participation in economic activity, as well ...

Global ex-situ crop diversity conservation and the Svalbard Global Seed Vault: assessing the current status.

Directory of Open Access Journals (Sweden)

Ola T Westengen

Full Text Available Ex-situ conservation of crop diversity is a global concern, and the development of an efficient and sustainable conservation system is a historic priority recognized in international law and policy. We assess the completeness of the safety duplication collection in the Svalbard Global Seed Vault with respect to data on the world's ex-situ collections as reported by the Food and Agriculture Organization of the United Nations. Currently, 774,601 samples are deposited at Svalbard by 53 genebanks. We estimate that more than one third of the globally distinct accessions of 156 crop genera stored in genebanks as orthodox seeds are conserved in the Seed Vault. The numbers of safety duplicates of Triticum (wheat, Sorghum (sorghum, Pennisetum (pearl millet, Eleusine (finger millet, Cicer (chickpea and Lens (lentil exceed 50% of the estimated numbers of distinct accessions in global ex-situ collections. The number of accessions conserved globally generally reflects importance for food production, but there are significant gaps in the safety collection at Svalbard in some genera of high importance for food security in tropical countries, such as Amaranthus (amaranth, Chenopodium (quinoa, Eragrostis (teff and Abelmoschus (okra. In the 29 food-crop genera with the largest number of accessions stored globally, an average of 5.5 out of the ten largest collections is already represented in the Seed Vault collection or is covered by existing deposit agreements. The high coverage of ITPGRFA Annex 1 crops and of those crops for which there is a CGIAR mandate in the current Seed Vault collection indicates that existence of international policies and institutions are important determinants for accessions to be safety duplicated at Svalbard. As a back-up site for the global conservation system, the Seed Vault plays not only a practical but also a symbolic role for enhanced integration and cooperation for conservation of crop diversity.

Global ex-situ crop diversity conservation and the Svalbard Global Seed Vault: assessing the current status.

Science.gov (United States)

Westengen, Ola T; Jeppson, Simon; Guarino, Luigi

2013-01-01

Ex-situ conservation of crop diversity is a global concern, and the development of an efficient and sustainable conservation system is a historic priority recognized in international law and policy. We assess the completeness of the safety duplication collection in the Svalbard Global Seed Vault with respect to data on the world's ex-situ collections as reported by the Food and Agriculture Organization of the United Nations. Currently, 774,601 samples are deposited at Svalbard by 53 genebanks. We estimate that more than one third of the globally distinct accessions of 156 crop genera stored in genebanks as orthodox seeds are conserved in the Seed Vault. The numbers of safety duplicates of Triticum (wheat), Sorghum (sorghum), Pennisetum (pearl millet), Eleusine (finger millet), Cicer (chickpea) and Lens (lentil) exceed 50% of the estimated numbers of distinct accessions in global ex-situ collections. The number of accessions conserved globally generally reflects importance for food production, but there are significant gaps in the safety collection at Svalbard in some genera of high importance for food security in tropical countries, such as Amaranthus (amaranth), Chenopodium (quinoa), Eragrostis (teff) and Abelmoschus (okra). In the 29 food-crop genera with the largest number of accessions stored globally, an average of 5.5 out of the ten largest collections is already represented in the Seed Vault collection or is covered by existing deposit agreements. The high coverage of ITPGRFA Annex 1 crops and of those crops for which there is a CGIAR mandate in the current Seed Vault collection indicates that existence of international policies and institutions are important determinants for accessions to be safety duplicated at Svalbard. As a back-up site for the global conservation system, the Seed Vault plays not only a practical but also a symbolic role for enhanced integration and cooperation for conservation of crop diversity.

Globalization and the distribution of income: The economic arguments

Science.gov (United States)

Jones, Ronald W.

2003-01-01

One of the issues currently being debated in the ongoing discussion of the pros and cons of today's globalization concerns the effects of greater world trade as well as of the changes in technology on a country's internal distribution of income, especially on skilled versus unskilled wage rates. In this article, I attempt to spell out some of the arguments concerning internal income distribution that have been put forth both by labor economists and international trade theorists. The impact of globalization on the wage premium between the skilled and unskilled may not be as obvious as is first imagined. PMID:12960390

Comment on 'Current Budget of the Atmospheric Electric Global Circuit'

Science.gov (United States)

Driscoll, Kevin T.; Blakeslee, Richard J.

1996-01-01

In this paper, three major issues relevant to Kasemir's new model will be addressed. The first concerns Kasemir's assertion that there are significant differences between the potentials associated with the new model and the conventional model. A recalculation of these potentials reveals that both models provide equivalent results for the potential difference between the Earth and ionosphere. The second issue to be addressed is Kasemir's assertion that discrepancies in the electric potentials associated with both models can be attributed to modeling the Earth as a sphere, instead of as a planar surface. A simple analytical comparison will demonstrate that differences in the equations for the potentials of the atmosphere derived with a spherical and a planar Earth are negligible for applications to global current flow. Finally, the third issue to be discussed is Kasemir's claim that numerous aspects of the conventional model are incorrect, including the role of the ionosphere in global current flow as well as the significance of cloud-to-ground lightning in supplying charge to the global circuit. In order to refute these misconceptions, it will be shown that these aspects related to the flow of charge in the atmosphere are accurately described by the conventional model of the global circuit.

Global climate change. Economic dimensions of a cooperative international policy response beyond 2000

International Nuclear Information System (INIS)

1995-01-01

The purpose of this study is to assess the economic implications of a range of international abatement strategies and to identify the most cost effective approaches to achieve given environmental objectives. International responses to concerns about global warming are discussed and trends in sectoral and global patterns of production, consumption and trade are examined with a view to providing a business as-usual scenario for carbon dioxide emissions to the year 2020. The study uses a dynamic general equilibrium model of the world economy, MEGABARE. Simulation results for alternative stabilisation and emission reduction targets are also presented. Policy options are evaluated in terms of their effectiveness in stabilizing carbon dioxide emissions and impact on economic welfare in various countries and regions, including an analysis of the feedhack effects of policies on developing countries. Equity principles and rules, and joint implementation issues are also considered. The focus is on designing approaches to reduce carbon dioxide emissions by the same amount as stabilisation policies, but at lower cost to the international community and with more equitable sharing of costs. An analysis of tradable carbon dioxide emission quota schemes is provided and some broad policy conclusions are noted in the final chapter on the economic impacts of emission abatement policies. 84 refs., 22 tabs., 50 figs

The present global financial and economic crisis and the oil crises of the 1970s. Opposite turning points in the development of economic growth, energy supply, and the role of nuclear power?

International Nuclear Information System (INIS)

Herrmann, Dieter

2012-01-01

After decades of extensive economic growth, the oil crises in the 1970s enforced the transition to intensive growth in a manner conserving resources, combined with a fundamental turnaround in the development of global energy supply and the role of nuclear power. Meanwhile, the world has changed considerably as a result of population growth, technical progress, and globalization - and it is in the throes of another crisis. The contribution shows, on the basis of empirical indicators, that higher commodity prices halted the period of intense growth already in late 2007. The following global financial and economic crisis can be interpreted plausibly as a return to extensive economic growth worldwide. This is likely to have far-reaching consequences for the future development of global energy supply and the role of nuclear power. (orig.)

Evaluation of environmental impact produced by different economic activities with the global pollution index.

Science.gov (United States)

Zaharia, Carmen

2012-07-01

The paper analyses the environment pollution state in different case studies of economic activities (i.e. co-generation electric and thermal power production, iron profile manufacturing, cement processing, waste landfilling, and wood furniture manufacturing), evaluating mainly the environmental cumulative impacts (e.g. cumulative impact against the health of the environment and different life forms). The status of the environment (air, water resources, soil, and noise) is analysed with respect to discharges such as gaseous discharges in the air, final effluents discharged in natural receiving basins or sewerage system, and discharges onto the soil together with the principal pollutants expressed by different environmental indicators corresponding to each specific productive activity. The alternative methodology of global pollution index (I (GP)*) for quantification of environmental impacts is applied. Environmental data analysis permits the identification of potential impact, prediction of significant impact, and evaluation of cumulative impact on a commensurate scale by evaluation scores (ES(i)) for discharge quality, and global effect to the environment pollution state by calculation of the global pollution index (I (GP)*). The I (GP)* values for each productive unit (i.e. 1.664-2.414) correspond to an 'environment modified by industrial/economic activity within admissible limits, having potential of generating discomfort effects'. The evaluation results are significant in view of future development of each productive unit and sustain the economic production in terms of environment protection with respect to a preventive environment protection scheme and continuous measures of pollution control.

Enabling socio-economic activities: Opening global markets for the marginalized through secure ICT use

CSIR Research Space (South Africa)

Phahlamohlaka, Jackie

2016-08-01

Full Text Available This paper identifies and describes five economic activities through which ICT could effectively be used to open global markets for rural and marginalized communities. The activities are identified in contexts where there are no industries...

A globalization-oriented perspective on health, inequality and socio-economic development.

Science.gov (United States)

Tausch, Arno

2012-01-01

There has been an attention to inequality as a causal factor for deficient health in the medical journals over the last decades (Richard G. Wilkinson et al. and Schnell et al.); however, the reasons for inequality and the interactions of the underlying causes of inequality at the level of the world economy have not yet been properly explored in this kind of literature. The aim of this article is to provide a new, globalization-oriented, multi-disciplinary perspective on life expectancy, under-five mortality, inequality and socio-economic development in the world system, compatible with the advances in international sociological research on the subject over the last three decades. Taking up the traditions of quantitative sociology to study the effects of multinational corporation (MNC) penetration as a key determining variable for development outcomes such as socio-economic inequality and infant mortality, this article analyzes from the perspective of quantitative political science and economics this particular role of MNC penetration as the key variable for the determination of health, inequality and socio-economic development in 183 countries of the world system, using international social science standard data. As correctly predicted by quantitative sociology, but largely overlooked by the medical profession, the development style, implied by a high MNC penetration of their host countries, reflects the oligopolistic power, which transnational corporations wield over local economies. We took up an idea from Austro-American economist Joseph Alois Schumpeter (1883-1950), which states that the long-term effects of oligopolistic power are negative and lead toward economic and social stagnation. Our data show that although MNC penetration indeed led to certain short-term growth effects after 1990, today, social polarization and stagnation increase as a consequence of the development model, based on high MNC penetration. There is a negative trade-off between MNC

Global economic recessions and the maritime industry 1980-2009 Impact on South African shipping 2000-2012

Directory of Open Access Journals (Sweden)

Lunga Jacobs

2012-11-01

Full Text Available The maritime industry is the major enabler of international trade. Major economic events in the international arena such as global recessions affect world trade and therefore the maritime industry as well. South Africa imports and exports major commodities and products therefore such events will also affect the country's economy. This paper explores how different industries within the South African maritime industry have been affected by global economic recessions. As some of them are of great significance to the country's economy, it is imperative to look at how these industries are affected so as to be able to see the national impact.

The Consequences of China's Impending Economic Crisis on Global Economy: A Predictive Scenario on Sub-Saharan Africa

Directory of Open Access Journals (Sweden)

Mavhungu Abel Mafukata

2016-10-01

Full Text Available The main objective of this paper is to predict the consequences of China's impending economic crisis on global economy – with reference to Sub-Saharan Africa (SSA in particular. The specific objective of this paper is to investigate and explore the increasing dominance of economic practice of China in SSA. China is a critical principal player in the economy of SSA. China's influence and dominance of the SSA economy might have negative effect on SSA in case of any implosion of the Chinese economy. Data were collected from print and electronic sources extracted from the vast body of empirical scholarship of different disciplines on China in SSA.  The results of this paper revealed that China is indeed dominating the economy in SSA. Pointers are that China's economic implosion would have consequences for SSA in the same way as the 2008-2009 global economic recession had around the world. This  paper positively predicts that China's economic and financial implosion remains a possibility, and would impact on SSA.

Assessing the vertical structure of baroclinic tidal currents in a global model

Science.gov (United States)

Timko, Patrick; Arbic, Brian; Scott, Robert

2010-05-01

Tidal forcing plays an important role in many aspects of oceanography. Mixing, transport of particulates and internal wave generation are just three examples of local phenomena that may depend on the strength of local tidal currents. Advances in satellite altimetry have made an assessment of the global barotropic tide possible. However, the vertical structure of the tide may only be observed by deployment of instruments throughout the water column. Typically these observations are conducted at pre-determined depths based upon the interest of the observer. The high cost of such observations often limits both the number and the length of the observations resulting in a limit to our knowledge of the vertical structure of tidal currents. One way to expand our insight into the baroclinic structure of the ocean is through the use of numerical models. We compare the vertical structure of the global baroclinic tidal velocities in 1/12 degree HYCOM (HYbrid Coordinate Ocean Model) to a global database of current meter records. The model output is a subset of a 5 year global simulation that resolves the eddying general circulation, barotropic tides and baroclinic tides using 32 vertical layers. The density structure within the simulation is both vertically and horizontally non-uniform. In addition to buoyancy forcing the model is forced by astronomical tides and winds. We estimate the dominant semi-diurnal (M2), and diurnal (K1) tidal constituents of the model data using classical harmonic analysis. In regions where current meter record coverage is adequate, the model skill in replicating the vertical structure of the dominant diurnal and semi-diurnal tidal currents is assessed based upon the strength, orientation and phase of the tidal ellipses. We also present a global estimate of the baroclinic tidal energy at fixed depths estimated from the model output.

Drought Duration Biases in Current Global Climate Models

Science.gov (United States)

Moon, Heewon; Gudmundsson, Lukas; Seneviratne, Sonia

2016-04-01

Several droughts in the recent past are characterized by their increased duration and intensity. In particular, substantially prolonged droughts have brought major societal and economic losses in certain regions, yet climate change projections of such droughts in terms of duration is subject to large uncertainties. This study analyzes the biases of drought duration in state-of-the-art global climate model (GCM) simulations from the 5th phase of Coupled Model Intercomparison Project (CMIP5). Drought durations are defined as negative precipitation anomalies and evaluated with three observation-based datasets in the period of 1901-2010. Large spread in biases of GCMs is commonly found in all regions, with particular strong biases in North East Brazil, Africa, Northern Australia, Central America, Central and Northern Europe, Sahel and Asia. Also in most regions, the interquartile range of bias lies below 0, meaning that the GCMs tend to underestimate drought durations. Meanwhile in some regions such as Western South America, the Amazon, Sahel, West and South Africa, and Asia, considerable inconsistency among the three observation-based datasets were found. These results indicate substantial uncertainties and errors in current GCMs for simulating drought durations as well as a large spread in observation-based datasets, both of which are found to be particularly strong in those regions that are often considered to be hot spots of projected future drying. The underlying sources of these uncertainties need to be identified in further study and will be applied to constrain GCM-based drought projections under climate change.

Competition and Constraint : Economic Globalization and Human Resource Practices in 23 European Countries

NARCIS (Netherlands)

Koster, Ferry; Wittek, Rafael

2016-01-01

Economic globalization is often considered to be one of the main causes of recent changes in the workplace and the way in which organizations manage their human resources. Nevertheless, an empirical study putting this claim to the test by relating the internationalization of the economy to the use

Global climate change: a synopsis of current activities in the Office of Fossil Energy

International Nuclear Information System (INIS)

South, D.W.; Kane, R.

1990-01-01

This paper reports on the US DOE Office of Fossil Energy investigation and monitoring of several aspects of global climate change as it relates to fossil fuels. The paper consists of the overheads from the presentation. The topics of this paper include greenhouse gases from fossil fuels, scientific uncertainties, legislation and protocols, mitigation strategies and policies, energy and economic impacts, and the role of clean coal technologies and fossil fuels in global climate change

Ecological economics and global change

International Nuclear Information System (INIS)

Maier-Rigaud, G.

1991-09-01

What is the subject of ecology? What is the primary concern of economics? How can the interface between ecology and economics be described? Is there a relationship between the two different sciences which constitutes a new research field? This book raises some of these basic questions and reflects on major misleading assumptions research in ecological economics unwittingly relies on. An outlook is given as to the aspects on which research in this field should now primarily concentrate. This publication addresses first of all natural scientists and politicians, though economists, too, might find some new aspects apart from traditional economic reasoning. (orig./KW)

GLOBALIZATION AND MASS-MEDIA IN THE CONTEXT OF ECONOMIC CRISIS

Directory of Open Access Journals (Sweden)

Burtic Daniel

2012-07-01

Full Text Available Globalization is a reality that we cannot deny or run away from. The economic, political or social issues, even if they have a starting point, spread very quickly, covering large areas in a very short time. Modern communication systems enable crisis transfer. They also bring us information about the actions that have been taken in order to overcome those critical circumstances. Does recession have positive aspects, too? If it has, what are these positive aspects and how can they be used to produce highest benefits? We will try to describe the concepts we maintain by means of some notorious works written by authors with a vast experience, some of them being Noble Prize winners. The idea that we propose is to bring hope out of this situation generated by crisis and globalization. The economic crisis has created a huge opportunity to the mass-media system: it brings the required information to citizens from different nations. Taking this into account, mass-media has played and still plays an important part in making the people involved find solutions and communicate whenever the decision makers are trying to hide facts. With the help of innovation and transformation, let’s look for solutions to develop our abilities, relationships, products, markets and results. We should never forget that the greatest and most impressive changes are often born in times of crisis.

From accounting convergence to accounting harmonization under the auspices of economic globalization

Directory of Open Access Journals (Sweden)

Ana-Maria Mărculescu

2012-01-01

Full Text Available In the current international economic context is urgently needed more than ever a transparency of business information. This situation is caused by the fact that economic decisions are based on accounting information, and knowing the regional and international accounting rules is crucial to have a correct interpretation of the business connections in the world.The misleading barriers between the independent economic systems, local, national and others the same, have had throughout the history significant implications on the economic policies adopted in each of these systems. Liberalization of capital movements and workforce provides the premises of exploitation the existing opportunities (employment, savings, investments, so. in the technological and economic environments but also the fiscal and monetary models.

Supplementary material for the report 'Economic/climate recovery scorecards. How climate friendly are the economic recovery packages?'

International Nuclear Information System (INIS)

Hoehne, N.; Eisbrenner, K.; Phylipsen, D.; Burck, J.; Van der Straeten, L.

2009-03-01

As global leaders head to the G20 summit to consider solutions to the current global economic crisis, a new report prepared by Ecofys and Germanwatch for WWF and E3G reveals that many of the economic recovery packages being discussed are a missed opportunity in terms of stimulating a green recovery, and actually run the risk of locking the world into a high-carbon future. The report provides the most detailed and comprehensive analysis to date of the proposed 'stimulus' packages of five key countries - France, Germany, Italy, the UK and the US - as well as the package agreed by the European Union as a whole.

Editorial: Global Opportunities and Local Businesses

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Krzysztof Wach

2013-03-01

Full Text Available The theme of the first issue is very multi‐disciplinary. It links economics with management by exploring global opportunities through particular local businesses. The European Union, as all of Europe, is now facing grand global challenges that primarily relate to economic issues. As stipulated by H. Sirkin, J. Hemerling and A. Bhattacharya in their world‐famous book: Globality: Competing with Everyone from Everywhere for Everything, in the resent future the European, American and Japanese firms will compete not only with each, other but increasingly with very competitive Chinese, Indian, South American, and even African firms, which currently may seem farfetched (Kotler & Caslione, 2009, p. 29. We believe it is extremely important to recognise global opportunities, which have resulted from globalisation, internationalisation and Europeanisation processes (Wach, 2012, pp. 137‐150 and 298‐299.

Cross-Border Higher Education: Global and Local Tensions within Competition and Economic Development

Science.gov (United States)

Owens, Taya L.; Lane, Jason E.

2014-01-01

In this chapter, the authors explore various types of cross-border higher education, considering equity and quality issues within these developments. With a particular focus on international branch campuses, the authors discuss the ways in which global competition for knowledge and economic development interact with tensions at the local level.

Social and economic impacts of climate.

Science.gov (United States)

Carleton, Tamma A; Hsiang, Solomon M

2016-09-09

For centuries, thinkers have considered whether and how climatic conditions-such as temperature, rainfall, and violent storms-influence the nature of societies and the performance of economies. A multidisciplinary renaissance of quantitative empirical research is illuminating important linkages in the coupled climate-human system. We highlight key methodological innovations and results describing effects of climate on health, economics, conflict, migration, and demographics. Because of persistent "adaptation gaps," current climate conditions continue to play a substantial role in shaping modern society, and future climate changes will likely have additional impact. For example, we compute that temperature depresses current U.S. maize yields by ~48%, warming since 1980 elevated conflict risk in Africa by ~11%, and future warming may slow global economic growth rates by ~0.28 percentage points per year. In general, we estimate that the economic and social burden of current climates tends to be comparable in magnitude to the additional projected impact caused by future anthropogenic climate changes. Overall, findings from this literature point to climate as an important influence on the historical evolution of the global economy, they should inform how we respond to modern climatic conditions, and they can guide how we predict the consequences of future climate changes. Copyright © 2016, American Association for the Advancement of Science.

Economic opportunities resulting from a global deployment of concentrated solar power (CSP) technologies-The example of German technology providers

International Nuclear Information System (INIS)

Vallentin, Daniel; Viebahn, Peter

2010-01-01

Several energy scenario studies consider concentrated solar power (CSP) plants as an important technology option to reduce the world's CO 2 emissions to a level required for not letting the global average temperature exceed a threshold of 2-2.4 o C. A global ramp up of CSP technologies offers great economic opportunities for technology providers as CSP technologies include highly specialised components. This paper analyses possible value creation effects resulting from a global deployment of CSP until 2050 as projected in scenarios of the International Energy Agency (IEA) and Greenpeace International. The analysis focuses on the economic opportunities of German technology providers since companies such as Schott Solar, Flabeg or Solar Millennium are among the leading suppliers of CSP technologies on the global market.

Benefits of economic criteria for water scarcity management under global changes: insights from a large-scale hydroeconomic framework

Science.gov (United States)

Neverre, Noémie; Dumas, Patrice; Nassopoulos, Hypatia

2016-04-01

Global changes are expected to exacerbate water scarcity issues in the Mediterranean region in the next decades. In this work, we investigate the impacts of reservoirs operation rules based on an economic criterion. We examine whether can they help reduce the costs of water scarcity, and whether they become more relevant under future climatic and socioeconomic conditions. We develop an original hydroeconomic model able to compare future water supply and demand on a large scale, while representing river basin heterogeneity. On the demand side, we focus on the two main sectors of water use: the irrigation and domestic sectors. Demands are projected in terms of both quantity and economic value. Irrigation requirements are computed for 12 types of crops, at the 0.5° spatial resolution, under future climatic conditions (A1B scenario). The computation of the economic benefits of irrigation water is based on a yield comparison approach between rainfed and irrigated crops. For the domestic sector, we project the combined effects of demographic growth, economic development and water cost evolution on future demands. The economic value of domestic water is defined as the economic surplus. On the supply side, we evaluate the impacts of climate change on water inflows to the reservoirs. Operating rules of the reservoirs are set up using a parameterisation-simulation-optimisation approach. The objective is to maximise water benefits. We introduce prudential parametric rules in order to take into account spatial and temporal trade-offs. The methodology is applied to Algeria at the 2050 horizon. Overall, our results show that the supply-demand imbalance and its costs will increase in most basins under future climatic and socioeconomic conditions. Our results suggest that the benefits of operating rules based on economic criteria are not unequivocally increased with global changes: in some basins the positive impact of economic prioritisation is higher under future conditions

Linking Globalization, Economic Growth and Poverty: Impacts of Agribusiness Strategies on Sub-Saharan Africa

OpenAIRE

Dave Weatherspoon; Joyce Cacho; Ralph Christy

2001-01-01

This paper analyzes the increased role of the domestic and multinational private sectors in economic development within SSA. The globalization process demands that private sector strategies must now be assessed by their contributions to emerging economies, as well as by company goals.

Global Trade Alert | CRDI - Centre de recherches pour le ...

International Development Research Centre (IDRC) Digital Library (Canada)

Global Trade Alert (GTA) will provide information in real time on national measures taken during the current global economic downturn that are likely to discriminate against foreign commerce. GTA will complement and go beyond World Trade Organization (WTO) and World Bank monitoring initiatives by identifying affected ...

Chicken or Egg: Global Economic Crisis or Ideological Retrenchment from Welfare in Three European Countries

DEFF Research Database (Denmark)

Madsen, Aase Mygind; Judd, Dawn; Boeckh, Jürgen

2015-01-01

As welfare states confront massive changes, these are often explained as inevitable by-products of the global economic crisis. However, many of the shifts in welfare ideology pre-date the crisis. As increasing numbers of European welfare states move towards neoliberal paradigms then this converge......As welfare states confront massive changes, these are often explained as inevitable by-products of the global economic crisis. However, many of the shifts in welfare ideology pre-date the crisis. As increasing numbers of European welfare states move towards neoliberal paradigms...... then this convergence is, in turn, having a marked impact on social work education and practice. Today it would appear that, to varying degrees, European social workers are driven by ever-growing managerialist objectives. Juxtaposed is the shift towards consumerism and individualism, which is manifested through various...

Negotiation and Optimality in an Economic Model of Global Climate Change

International Nuclear Information System (INIS)

Gottinger, H.

2000-03-01

The paper addresses the problem of governmental intervention in a multi-country regime of controlling global climate change. Using a simplified case of a two-country, two-sector general equilibrium model the paper shows that the global optimal time path of economic outputs and temperature will converge to a unique steady state provided that consumers care enough about the future. To answer a set of questions relating to 'what will happen if governments decide to correct the problem of global warming?' we study the equilibrium outcome in a bargaining game where two countries negotiate an agreement on future consumption and production plans for the purpose of correcting the problem of climate change. It is shown that the agreement arising from such a negotiation process achieves the best outcome and that it can be implemented in decentralised economies by a system of taxes, subsidies and transfers. By employing the recent advances in non-cooperative bargaining theory, the agreement between two countries is derived endogenously through a well-specified bargaining procedure

Negotiation and Optimality in an Economic Model of Global Climate Change

Energy Technology Data Exchange (ETDEWEB)

Gottinger, H. [International Institute for Environmental Economics and Management IIEEM, University of Maastricht, Maastricht (Netherlands)

2000-03-01

The paper addresses the problem of governmental intervention in a multi-country regime of controlling global climate change. Using a simplified case of a two-country, two-sector general equilibrium model the paper shows that the global optimal time path of economic outputs and temperature will converge to a unique steady state provided that consumers care enough about the future. To answer a set of questions relating to 'what will happen if governments decide to correct the problem of global warming?' we study the equilibrium outcome in a bargaining game where two countries negotiate an agreement on future consumption and production plans for the purpose of correcting the problem of climate change. It is shown that the agreement arising from such a negotiation process achieves the best outcome and that it can be implemented in decentralised economies by a system of taxes, subsidies and transfers. By employing the recent advances in non-cooperative bargaining theory, the agreement between two countries is derived endogenously through a well-specified bargaining procedure.

Economic effect of fusion in energy market. Economic impact of fusion deployment in energy market

International Nuclear Information System (INIS)

Konishi, Satoshi

2002-01-01

Energy model analysis estimates the significant contribution of fusion in the latter half of the century under the global environment constraints if it will be successfully developed and introduced into the market. The total possible economical impact of fusion is investigated from the aspect of energy cost savings, sales, and its effects on Gross Domestic Products. Considerable economical possibility will be found in the markets for fusion related devices, of currently developing countries, and for synthesized fuel. The value of fusion development could be evaluated from these possible economic impact in comparison with its necessary investment. (author)

BUSINESS GLOBALIZATION: TRANSNATIONAL CORPORATIONS AND GLOBAL COMPETITION

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DIMA Stela

2013-06-01

Full Text Available The purpose of this paper is to introduce business globalization and the main globalization factors which, under the current stage, are transnational corporations. Globalization is the result of the pressure put by companies which, in turn, are under the close “magnifier” of all the involved factors (the so-called “stakeholders”. The market and the determining forces are not influenced by a political attitude nowadays marking globalization, but rather the political decisions have followed the course of economic evolutions, a trend that has always been provided by multinational corporations. In order to successfully follow up their activity, companies initiate new businesses, selling or deleting from their portfolio businesses or divisions with a decreasing tendency. Also, companies give up old rules and structures adopting new decision-making processes, control systems and mental patterns. Corporations must learn to become dynamic just like the market, if they wish to maintain, on the long run, a superior rate of income.

[Economic impact of chronic, acute and global malnutrition in Peru].

Science.gov (United States)

Alcázar, Lorena; Ocampo, Diego; Huamán-Espino, Lucio; Pablo Aparco, Juan

2013-01-01

To estimate the economic impact of chronic, acute and global malnutrition in Peru. This study, through an econometric model, estimated the economic impact of child malnutrition in two time horizons (incidental retrospective and prospective) during 2011, considering malnutrition-associated costs of health, education and productivity for the Peruvian economy. Information collected is a combination of data coming from the Demographic Survey of Family Health, the National Survey of Homes, the 2007 Census of Population and Housing, and public budget information, as well as estimates of risks a child is exposed to due to malnutrition during their first years of life. Nationwide it was found that in the perspective retrospective, the cost of child malnutrition in 2011 was 10,999 million soles, which was equal to 2.2% of GDP for that same year. Prospective costs nationwide, of those who by 2011 were 0 to 59 months, reached 4,505 million soles and represented 0.9% of GDP in 2011. Most cases stem from losses of productivity in both cases. Moreover, malnutrition affects much more both the Andes and jungle regions. The economic impact of child malnutrition represents a significant percentage of GDP, reason for which it is necessary to continue investing equitably in its prevention through participation with proven efficiency.

The Global Economic Cost of Osteoarthritis: How the UK Compares

Directory of Open Access Journals (Sweden)

A. Chen

2012-01-01

Full Text Available Aims. To examine all relevant literature on the economic costs of osteoarthritis in the UK, and to compare such costs globally. Methods. A search of MEDLINE was performed. The search was expanded beyond peer-reviewed journals into publications by the department of health, national orthopaedic associations, national authorities and registries, and arthritis charities. Results. No UK studies were identified in the literature search. 3 European, 6 North American, and 2 Asian studies were reviewed. Significant variation in direct and indirect costs were seen in these studies. Costs for topical and oral NSAIDs were estimated to be £19.2 million and £25.65 million, respectively. Cost of hip and knee replacements was estimated to exceed £850 million, arthroscopic surgery for osteoarthritis was estimated to be £1.34 million. Indirect costs from OA caused a loss of economic production over £3.2 billion, £43 million was spent on community services and £215 million on social services for osteoarthritis. Conclusions. While estimates of economic costs can be made using information from non-published data, there remains a lack of original research looking at the direct or indirect costs of osteoarthritis in the UK. Differing methodology in calculating costs from overseas studies makes direct comparison with the UK difficult.

What is Driving Global Imbalances? The Global Savings Glut Hypothesis Reexamined

Directory of Open Access Journals (Sweden)

Jai-Won Ryou

2009-12-01

Full Text Available In the middle of the global financial crisis, global imbalances seem to have been resolved to some extent, but it remains to be seen whether these imbalances will emerge again along with economic recovery. In order to cope with this global issue, we need to clarify what caused global imbalances in the first place. This paper aims to evaluate the relative importance of the "global savings glut" to the U.S. external imbalances. Drawing on the portfolio balance model, we analyze how the process of interaction between the U.S. current account deficit, capital inflows, and the U.S. dollar exchange rate is linked to domestic and external factors. Our empirical analysis shows that the U.S. current account deficit maintained since the early 1990s is mainly driven by the domestic factors, such as a decrease in the U.S. national savings and an increase in money supply growth. The size of the negative effect of a "global savings glut" measured by an increase in the East Asian countries' national savings (i.e. China, Japan and Korea on the U.S. current account seems to be exaggerated. Meanwhile, current account does not appear to be sensitive to changes in the exchange rate. This finding implies that the rectification of global imbalances is hardly possible to achieve by means of depreciating the U.S. dollar alone while leaving the structural factors unchanged. In order to achieve global rebalancing, the U.S. should increase its savings rate, reduce fiscal deficit, and tighten its money supply. While an increase in the domestic demand in the surplus countries such as China and Japan may be helpful in rectifying global imbalances, it appears to be insufficient per se.

The route of joint of the transnational corporations and globalization

Directory of Open Access Journals (Sweden)

Luminiţa PISTOL

2011-09-01

Full Text Available Today’s discussions on globalization are more alive and controversial. As is acknowledged as a fact, globalization is studied not only as an economic category but as a process, system, phenomenon. Currently, on international level, a variety of companies operate. From all of these, the transnational corporation represent particular interest, being designated as an "entity-key of global economic activity, a creative net worth to devote a large proportion of global resources needed to sustain economic growth processes. The new trend in the TNC’s sites emphasize, efforts to promote corporate social responsibility that contributes to change the attitude of many corporations and individuals working for them. Company efforts are visible in contributions to community development and environmental impact. Corporations want to impose their own standards of development, which reflects some positive attitude towards regulations that support behavioral codes, which they argue. Globalization has opened the way for limited progress, offered alternatives to local development, has generated deep changes, n dimensional complex with sometimes unpre-dictable consequences on economic and socio-institutional development.

Economic condition of the transport, freight forwarding and logistics sector in Poland in the situation of the global economic recession

Directory of Open Access Journals (Sweden)

Ryszard Rolbiecki

2012-06-01

Full Text Available Currently trends of macroeconomic indicators show that economy in Poland, despite the general recession in the EU, is in the stage of economic development. The question is 20 Ryszard Rolbiecki whether these positive signals in the Polish economy in relation to domestic demand, external investment, volume of industrial production and construction are reflected also in the improvement of economic situation in Transport, Freight Forwarding and Logistics (TFL sector in Poland. Hence the goal of the article is to analyze the economic condition of the TFL sector, which is recognized as one of the most important barometers of the economic growth.

Pharmaceutical expenditure changes in Serbia and Greece during the global economic recession

Directory of Open Access Journals (Sweden)

Mihajlo Jakovljevic

2016-04-01

Full Text Available Aim: Clarity on health expenditures is essential for the timely identification of risks that jeopardize the democratic provision of health services and the credibility of health insurance systems. Furthermore, observing health outcomes with geographical scope is essential for making multilateral associations. This study aimed at conveying information on the variability of important economic parameters of the health sector of Serbia and Greece from 2007 to 2012, when the most serious financial crisis in the post-war economic history hit the global economy. Methods: Exchange rates, purchase-power-parities (PPP and price indices were used for the bilateral review of health and pharmaceutical expenditure dynamics during 2007-2012. Prescription and dispensing changes were also studied taking into account the anatomical therapeutic chemical (ATC structure of drugs consumed. Results: Greece was forced to cut down its total health care and pharmaceutical expenditure and mainly its out-of-pocket payments were more seriously affected by the recession. Surprisingly, emerging market of Serbia, although severely damaged by global recession, succeeded to maintain 19% growth of its per capita health expenditure and even 25% increase of its per capita spending on pharmaceuticals. Innovative pharmaceuticals showed an upward trend in both countries. Conclusions: These two countries might serve as an example of two distinct pathways of mature and emerging health care markets during financial constraints caused by global recession. Our findings show that producing disease-based feedback, in the long run, may empower the assessment of the return on investment on medical technology and healthcare systems’ cost-effectiveness.

Global-, Regional-, and Country-Level Economic Impacts of Dental Diseases in 2015.

Science.gov (United States)

Righolt, A J; Jevdjevic, M; Marcenes, W; Listl, S

2018-05-01

Up-to-date information about the economic impact of dental diseases is essential for health care decision makers when seeking to make rational use of available resources. The purpose of this study was to provide up-to-date estimates for dental expenditures (direct costs) and productivity losses (indirect costs) due to dental diseases on the global, regional, and country level. Direct costs of dental diseases were estimated using a previously established systematic approach; indirect costs were estimated using an approach developed by the World Health Organization Commission on Macroeconomics and Health and factoring in 2015 values for gross domestic product and disability-adjusted life years from the Global Burden of Disease Study. The estimated direct costs of dental diseases amounted to $356.80 billion and indirect costs were estimated at $187.61 billion, totaling worldwide costs due to dental diseases of $544.41 billion in 2015. After adjustment for purchasing power parity, the highest levels of per capita dental expenditures were found for High-Income North America, Australasia, Western Europe, High-Income Asia Pacific, and East Asia; the highest levels of per capita productivity losses were found for Western Europe, Australasia, High-Income North America, High-Income Asia Pacific, and Central Europe. Severe tooth loss was found to imply 67% of global productivity losses due to dental diseases, followed by severe periodontitis (21%) and untreated caries (12%). From an economic perspective, improvements in population oral health may be highly beneficial and could contribute to further increases in people's well-being given available resources.

The global childhood obesity epidemic and the association between socio-economic status and childhood obesity

Science.gov (United States)

Wang, Youfa; Lim, Hyunjung

2015-01-01

This paper describes the current prevalence and time trends of childhood obesity worldwide, and the association between childhood obesity and socio-economic status (SES). Childhood obesity has become a global public health crisis. The prevalence is highest in western and industrialized countries, but still low in some developing countries. The prevalence also varies by age and gender. The WHO Americas and eastern Mediterranean regions had higher prevalence of overweight and obesity (30–40%) than the European (20–30%), south-east Asian, western Pacific, and African regions (10–20% in the latter three). A total of 43 million children (35 million in developing countries) were estimated to be overweight or obese; 92 million were at risk of overweight in 2010. The global overweight and obesity prevalence has increased dramatically since 1990, for example in preschool-age children, from approximately 4% in 1990 to 7% in 2010. If this trend continues, the prevalence may reach 9% or 60 million people in 2020. The obesity–SES association varies by gender, age, and country. In general, SES groups with greater access to energy-dense diets (low-SES in industrialized countries and high-SES in developing countries) are at increased risk of being obese than their counterparts. PMID:22724639

Quest for a New Paradigm in Economics - A Synthesis of Views of the New Economics Working Group

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Garry Jacobs

2017-05-01

Full Text Available The remarkable economic achievements of the past two centuries have cast an illusion of omniscience on the discipline of Economics, which even repeated catastrophic policy failures have still not entirely banished. The gap and disjuncture between prevailing economic wisdom and its effective application to promote human welfare and well-being are enormous and widening rapidly. The gap between current economic performance and the economic potential of global society has never been greater. Both have been aggravated by the rapid evolution of economy and society in recent decades. An ideology masquerading as scientific theory, mainstream theory fails to provide the necessary insights to guide us through the next phase of global social evolution. This paper summarizes major conclusions from a series of meetings organized by the World Academy of Art & Science over the past half-decade. It examines important premises and principles of a transdisciplinary framework for ecologically-sustainable, human-centered development founded on knowledge of the underlying social processes that govern human accomplishment and social evolution. It challenges the implicit values and assumptions on which current theory and practice are based. It exposes the central role played by social power in determining the operations of economy and the distribution of benefits in society. It seeks to construct a holistic paradigm to reunite and integrate thinking about economy with the political, legal, social, organizational, ecological and psychological dimensions of which economy has always been an inseparable part. It points to the need for a transnational theoretical framework as a unit of analysis and emphasizes a global perspective, which aims to maximize the well-being of humanity as a whole. In recent times, growing awareness of the limitations of the present economic system and the real planetary boundaries and ecological constraints on unlimited growth has overshadowed

The impact of financial globalization and financialization on the economy in the current crisis through banking corporate governance

Directory of Open Access Journals (Sweden)

Juan Antonio Azkunaga

2013-10-01

Full Text Available This work analyzes the role of governance of financial entities in the current crisis. Neoliberal economic policies, deregulation and liberalization have characterized financial globalization, giving rise to the financialization of the economy. This paper, using the analysis-synthesis method, shows that the corporate governance of entities has adapted to the new social environment under the influence of the interests of the investors. The results of this paper suggest the need to monitor the over-emphasis on the maximization of short-term shareholder value without relativizing the risk taken to achieve it, as such, the emphasis on short-term shareholder value is considered a crucial contributing factor to the present crisis.

Implementation of U.S. Global Goals: Continental Integration Context

Directory of Open Access Journals (Sweden)

Yaroslava Stolyarchuk

2013-02-01

Full Text Available The article provides efficiency assessment regarding existing mechanisms of the U.S. national interests’ implementation at the global level in terms of international competition aggravation and formation of the new global economic competition centers. Based on comparative analysis of the leverage for U.S. leadership in global competition it has been proven that currently the highest efficiency is demonstrated by the integration strategies of the USA in Latin America focused on maximizing implementation of the economic interests of U.S. transnational corporations in the region. It has been proven that the observed profound asymmetries regarding socio-economic development of the North and Latin America countries objectively requires implementation of the effective institutional mechanisms for leveling the negative effects generated by the trade and investment liberalization processes.

Estimates of the long-term U.S. economic impacts of global climate change-induced drought.

Energy Technology Data Exchange (ETDEWEB)

Ehlen, Mark Andrew; Loose, Verne W.; Warren, Drake E.; Vargas, Vanessa N.

2010-01-01

While climate-change models have done a reasonable job of forecasting changes in global climate conditions over the past decades, recent data indicate that actual climate change may be much more severe. To better understand some of the potential economic impacts of these severe climate changes, Sandia economists estimated the impacts to the U.S. economy of climate change-induced impacts to U.S. precipitation over the 2010 to 2050 time period. The economists developed an impact methodology that converts changes in precipitation and water availability to changes in economic activity, and conducted simulations of economic impacts using a large-scale macroeconomic model of the U.S. economy.

Ecological economics of soil erosion: a review of the current state of knowledge.

Science.gov (United States)

Adhikari, Bhim; Nadella, Karthik

2011-02-01

The economics of land degradation has received relatively little attention until recent years. Although a number of studies have undertaken valuation of ecosystem services ranging from the global to the micro level, and quite a few studies have attempted to quantify the costs of soil erosion, studies that address the full costs of land degradation are still scarce. In this review, we attempt to analyze different land resource modeling and valuation techniques applied in earlier research and the type of data used in these analyses, and to assess their utility for different forms of land resource and management appraisal. We also report on the strengths and weaknesses of different valuation techniques used in studies on the economics of soil erosion, and the relevance of these valuation techniques. We make a case for the need for more appropriate models that can make the analysis more robust in estimating the economic costs of land degradation while recognizing the spatial heterogeneity in biophysical and economic conditions. © 2011 New York Academy of Sciences.

Current practices in economic appraisal

NARCIS (Netherlands)

Mossink, J.C.M.

2000-01-01

By means of economic appraisal, the costs and the benefits of health, environment and safety management can be made clear, both at the national level and at the company level. As such it is a tool in advocating good practices. This paper explores the possibilities of economic appraisal for policy

THE NEW GLOBAL ECONOMIC ENVIRONMENT

OpenAIRE

Oksay, Suna; Oksay, M. Serhan

2015-01-01

Globalization has emerged as an unavoidable process. Its impact upon different levels create different results. Therefore, the effects- of globalization on the world, on countries, on industries, and on firms must be examined separately. The principal worldwide effect of globalization is the increase in the volume of world trade. Its effects on countries have become apparent through the process of deregulation and the elimination of obstacles to trade, etc. At the industrial level, it creates...

The economics of greenhouse gas mitigation: Insights from illustrative global abatement scenarios modelling

International Nuclear Information System (INIS)

Gurney, Andrew; Ahammad, Helal; Ford, Melanie

2009-01-01

In this paper the Global Trade and Environment Model (GTEM) and MAGICC are used to simulate a number of global emission mitigation scenarios devised by the EMF 22 Transition Scenarios group in which radiative forcing goals and the architecture of developing economies' participation in hypothetical mitigation actions are varied. This paper presents a reference case of the world economy to 2100 and analyses some key regional and global results for the various global mitigation scenarios, including emission prices, emission levels, primary energy consumption and economic growth. Modelling results suggest that a transition to a low-carbon world would require a significant decarbonisation of electricity generation without necessarily cutting the electricity output in the long run. With the uptake of hybrids and non-fossil-fuel technologies, the transport sector could make an important contribution to global abatement of greenhouse gases. Furthermore, with substantial international mitigation efforts and uptake of low- and/or zero-emission technologies, the achievement of 3.7 W/m 2 and 4.5 W/m 2 radiative forcing targets by the end of the century could occur at emission prices of up to $550/t CO 2 -e. However, achieving the 2.6 W/m 2 (overshoot) radiative forcing target would require considerably higher emission prices and an immediate global mitigation action.

Science and technology and global competition

International Nuclear Information System (INIS)

Lanzavecchia, G.

1992-01-01

The impacts of R ampersand D and technological innovation on economic development are discussed with reference to the current and probable future status of various industrialized countries in highly competitive marketing areas such as micro- electronics. An assessment is made of international trends in approaches towards: corporate planning, organizing, sizing, on-the-job training and the modelling of employee attitudes; methods for dealing with risk and uncertainty in non-linear and complex global economic markets; research and development orientation and investment; and government policy making regarding education, economic growth and technological innovation

UNEARTHING GLOBAL FINANCIAL INCLUSION LEVELS AND ANALYSIS OF FINANCIAL INCLUSION AS A MEDIATING FACTOR IN GLOBAL HUMAN DEVELOPMENT

Directory of Open Access Journals (Sweden)

Roshny Unnikrishnan

2015-04-01

Full Text Available This study is a result of the author’s inquisition to unearth the current values of Global Financial Inclusion and its relationship with economic growth measured by Gross Domestic product(GDP and human development measured by United Nations Human Development Index (HDI. The Financial Inclusion (FI levels are measured using Index for Financial Inclusion .The relationship between GDP and HDI with FI as mediator, using multiple regression, is validated on a global level based on data of 162 countries for the year 2011. An overall global mediation analysis is undertaken to establish Financial Inclusion as a mediating factor and partial mediation on human development is validated. The study is valid and unique in the global context of income inequality prevailing in developed, developing and underdeveloped countries as it validates the argument that an impressive GDP performance does not ensure equity in economic growth.

Energy Security and Economics of Indian Biofuel Strategy in a Global Context

OpenAIRE

Gunatilake, Herath; Roland-Holst, David; Sugiyarto, Guntur; Baka, Jenn

2011-01-01

The emergence of biofuel as a renewable energy source offers opportunities for climate change mitigation and greater energy security for many countries. At the same time, biofuel represents the possibility of substitution between energy and food. For developing countries like India, which imports over 75% of its crude oil, fossil fuels pose two risks - global warming pollution and negative economic impacts of oil price hikes. This paper examines India's options for managing energy price risk ...

The economics of fishing the high seas.

Science.gov (United States)

Sala, Enric; Mayorga, Juan; Costello, Christopher; Kroodsma, David; Palomares, Maria L D; Pauly, Daniel; Sumaila, U Rashid; Zeller, Dirk

2018-06-01

While the ecological impacts of fishing the waters beyond national jurisdiction (the "high seas") have been widely studied, the economic rationale is more difficult to ascertain because of scarce data on the costs and revenues of the fleets that fish there. Newly compiled satellite data and machine learning now allow us to track individual fishing vessels on the high seas in near real time. These technological advances help us quantify high-seas fishing effort, costs, and benefits, and assess whether, where, and when high-seas fishing makes economic sense. We characterize the global high-seas fishing fleet and report the economic benefits of fishing the high seas globally, nationally, and at the scale of individual fleets. Our results suggest that fishing at the current scale is enabled by large government subsidies, without which as much as 54% of the present high-seas fishing grounds would be unprofitable at current fishing rates. The patterns of fishing profitability vary widely between countries, types of fishing, and distance to port. Deep-sea bottom trawling often produces net economic benefits only thanks to subsidies, and much fishing by the world's largest fishing fleets would largely be unprofitable without subsidies and low labor costs. These results support recent calls for subsidy and fishery management reforms on the high seas.

Current and future levels of mercury atmospheric pollution on a global scale

Science.gov (United States)

Pacyna, Jozef M.; Travnikov, Oleg; De Simone, Francesco; Hedgecock, Ian M.; Sundseth, Kyrre; Pacyna, Elisabeth G.; Steenhuisen, Frits; Pirrone, Nicola; Munthe, John; Kindbom, Karin

2016-10-01

An assessment of current and future emissions, air concentrations, and atmospheric deposition of mercury worldwide is presented on the basis of results obtained during the performance of the EU GMOS (Global Mercury Observation System) project. Emission estimates for mercury were prepared with the main goal of applying them in models to assess current (2013) and future (2035) air concentrations and atmospheric deposition of this contaminant. The combustion of fossil fuels (mainly coal) for energy and heat production in power plants and in industrial and residential boilers, as well as artisanal and small-scale gold mining, is one of the major anthropogenic sources of Hg emissions to the atmosphere at present. These sources account for about 37 and 25 % of the total anthropogenic Hg emissions globally, estimated to be about 2000 t. Emissions in Asian countries, particularly in China and India, dominate the total emissions of Hg. The current estimates of mercury emissions from natural processes (primary mercury emissions and re-emissions), including mercury depletion events, were estimated to be 5207 t year-1, which represents nearly 70 % of the global mercury emission budget. Oceans are the most important sources (36 %), followed by biomass burning (9 %). A comparison of the 2035 anthropogenic emissions estimated for three different scenarios with current anthropogenic emissions indicates a reduction of these emissions in 2035 up to 85 % for the best-case scenario. Two global chemical transport models (GLEMOS and ECHMERIT) have been used for the evaluation of future mercury pollution levels considering future emission scenarios. Projections of future changes in mercury deposition on a global scale simulated by these models for three anthropogenic emissions scenarios of 2035 indicate a decrease in up to 50 % deposition in the Northern Hemisphere and up to 35 % in Southern Hemisphere for the best-case scenario. The EU GMOS project has proved to be a very important

Current and future levels of mercury atmospheric pollution on a global scale

Directory of Open Access Journals (Sweden)

J. M. Pacyna

2016-10-01

Full Text Available An assessment of current and future emissions, air concentrations, and atmospheric deposition of mercury worldwide is presented on the basis of results obtained during the performance of the EU GMOS (Global Mercury Observation System project. Emission estimates for mercury were prepared with the main goal of applying them in models to assess current (2013 and future (2035 air concentrations and atmospheric deposition of this contaminant. The combustion of fossil fuels (mainly coal for energy and heat production in power plants and in industrial and residential boilers, as well as artisanal and small-scale gold mining, is one of the major anthropogenic sources of Hg emissions to the atmosphere at present. These sources account for about 37 and 25 % of the total anthropogenic Hg emissions globally, estimated to be about 2000 t. Emissions in Asian countries, particularly in China and India, dominate the total emissions of Hg. The current estimates of mercury emissions from natural processes (primary mercury emissions and re-emissions, including mercury depletion events, were estimated to be 5207 t year−1, which represents nearly 70 % of the global mercury emission budget. Oceans are the most important sources (36 %, followed by biomass burning (9 %. A comparison of the 2035 anthropogenic emissions estimated for three different scenarios with current anthropogenic emissions indicates a reduction of these emissions in 2035 up to 85 % for the best-case scenario. Two global chemical transport models (GLEMOS and ECHMERIT have been used for the evaluation of future mercury pollution levels considering future emission scenarios. Projections of future changes in mercury deposition on a global scale simulated by these models for three anthropogenic emissions scenarios of 2035 indicate a decrease in up to 50 % deposition in the Northern Hemisphere and up to 35 % in Southern Hemisphere for the best-case scenario. The EU GMOS project has

The Effects of Bursty Bulk Flows on Global-Scale Current Systems

Science.gov (United States)

Yu, Y.; Cao, J.; Fu, H.; Lu, H.; Yao, Z.

2017-12-01

Using a global magnetospheric MHD model coupled with a kinetic ring current model, we investigate the effects of magnetotail dynamics, particularly the earthward bursty bulk flows (BBFs) produced by the tail reconnection, on the global-scale current systems. The simulation results indicate that after BBFs brake around X = -10 RE due to the dipolar "magnetic wall," vortices are generated on the edge of the braking region and inside the inner magnetosphere. Each pair of vortex in the inner magnetosphere disturbs the westward ring current to arc radially inward as well as toward high latitudes. The resultant pressure gradient on the azimuthal direction induces region-1 sense field-aligned component from the ring current, which eventually is diverted into the ionosphere at high latitudes, giving rise to a pair of field-aligned current (FAC) eddies in the ionosphere. On the edge of the flow braking region where vortices also emerge, a pair of region-1 sense FACs arises, diverted fromthe cross-tail duskward current, generating a substorm current wedge. This is again attributed to the increase of thermal pressure ahead of the bursty flows turning azimuthally. It is further found that when multiple BBFs, despite their localization, continually and rapidly impinge on the "wall," carrying sufficient tail plasma sheet population toward the Earth, they can lead to the formation of a new ring current. These results indicate the important role that BBFs play in bridging the tail and the inner magnetosphere ring current and bring new insight into the storm-substorm relation.

15. Basic economic indicators

International Nuclear Information System (INIS)

Carless, J.; Dow, B.; Farivari, R.; O'Connor, J.; Fox, T.; Tunstall, D.; Mentzingen, M.

1992-01-01

The clear value of economic data and analysis to decisionmakers has motivated them to mandate the creation of extensive global economic data sets. This chapter contains a set of these basic economic data, which provides the context for understanding the causes and the consequences of many of the decisions that affect the world's resources. Many traditional economic indicators fail to account for the depletion or deterioration of natural resources, the long-term consequences of such depletion, the equitable distribution of income within a country, or the sustainability of current economic practices. The type of measurement shown here, however, is still useful in showing the great differences between the wealthiest and the poorest countries. Tables are given on the following: Gross national product and official development assistance 1969-89; External debt indicators 1979-89; Central government expenditures; and World commodity indexes and prices 1975-89

75 FR 34171 - Trueheat, Inc., a Subsidiary of Global Heating Solutions, Inc., Currently Known as Truheat, a...

Science.gov (United States)

2010-06-16

..., Inc., a Subsidiary of Global Heating Solutions, Inc., Currently Known as Truheat, a Division of Three Heat LLC, Allegan, MI; Electro-Heat, Inc., a Subsidiary of Global Heating Solutions, Inc., Currently... subsidiary of Global Heating Solutions, Inc., Allegan, Michigan and Electro-Heat, Inc., a subsidiary of...

The Growing Global Threat of Cyber-crime given the Current Economic Crisis: A Study regarding Internet Malicious Activities in Romania

Directory of Open Access Journals (Sweden)

Ana Maria Tuluc

2011-02-01

Full Text Available Computer crime, also referred as cyber-crime, is considered today one of the main leadingproblems in the ongoing global economic crisis and an impediment in the development of manycountries. Objectives of this work are: to determine the evolution of cyber-crime during the currenteconomic crisis, to emphasize the severity of this problem and the urgent need to limit its impactworldwide, to determine consumers perceptions regarding this phenomenon in Romania. Prior Workrelated to this issue was conducted by the Computer Security Institute in United States, InternationalComputer Protection Agency, Symantec and Ponemon Institute. In their studies, these institutionshave revealed many of cyber-crime features and proposed valuable solutions for decreasing itsimpact. The Approach used in this paper was a survey among Romanian consumers regarding cybercrime.A total number of 110 respondents participated in this survey. Results showed that almost80% of respondents were victims of cyber-crime at least once and more than 87% of respondentsnever reported these crimes to the police. As regards Implications, the study can offer support tospecialized institutions, while academics can use these findings for further research. The Value of thispaper consists of relevant findings regarding cyber-crime issue in Romania.

Energy and economic development (environmental implications)

International Nuclear Information System (INIS)

Zorzoli, G.B.

1992-01-01

An examination, for developed countries, of significant correlations among economic growth, electric energy intensity and elasticity, per capita values of gross national product and greenhouse gas emissions, indicates notable possibilities for a healthier global environment with increased world-wide diffusion of clean and rational energy use technologies coupled with substantial economic growth. This scenario, however, is contrasted by worrisome doubts as to the chances for a successful outcome of recently proposed tenable growth policies when it is pointed out that forecasts, based on current demographic trends, call for a doubling of the world population in the near future. The foreseen unrestrained population explosion, leading to an unprecedented proliferation in the use of fossil fuels, now appears to represent the most serious threat to the global environment

Korea’s Trade Strategies for Mega Free Trade Agreements in Regional and Global Economic Integration

Directory of Open Access Journals (Sweden)

Sang-Chul Park

2016-12-01

Full Text Available Korea has developed rapidly since the 1960s. It is one of the four Asian tiger economies and a good model for developing countries. Korea shows the world how a developing country can develop its economy rapidly and become industrialized. Its development strategy has mainly been an export-oriented trade policy. As a result, its trade volume grew from $1 billion in 1966 to $1 trillion in 2011, which is a 1,000-fold increase within five decades. Since 2011, Korea has become one of seven countries with a trade volume over $1 trillion. However, the Korean economy has experienced turbulence as well as positive growth. It underwent severe economic crises such as the Asian financial crisis in 1997 and the global financial crisis in 2008. Its economy has been extremely vulnerable to the external economic environment, although it has improved and strengthened, particularly since the global financial crisis. During those two crises, the government carried out an appropriate trade policy with a strategic approach to upgrade its industrial structure and competitiveness in global markets. This article comprehensively discusses Korean trade policy and strategy over the last five decades, and how its national economy has developed rapidly. It also explores how the government sets its strategic targets in Asia and the Asia Pacific region. It considers two mega free trade agreements (FTAs — the Regional Comprehensive Economic Partnership and the Trans-Pacific Partnership — as new opportunities for further development. Therefore, it is wise to analyze these regional mega FTAs in order to maximize the national interest.

Chinese Entrepreneurs Go Global

Directory of Open Access Journals (Sweden)

Daniel Zhou

2012-02-01

Full Text Available China may be on the tipping point of explosive global growth. In response to changes in the global economy and an economic slowdown domestically, hundreds of thousands of Chinese SMEs are being encouraged to “go global” by their central and local governments. To a Chinese company, going global requires the expansion of its existing business in other countries or the development of new ventures with partners operating in other countries. Explosive growth in China may be possible, but it will depend on an appropriate strategy for going global. For a country that has firmly established itself as an international manufacturing hub, going global requires a shift in its entrepreneurial capacity, which is the focus of this article. We first assess the current situation in China to understand its current entrepreneurial focus and capacity, as well as the impetus for change. Next, we contrast the Kirznerian and Schumpeterian views of entrepreneurship to illustrate that – to go global – Chinese entrepreneurs must shift from an emphasis on exploiting pricing inefficiencies (i.e., Kirznerian entrepreneurship to an emphasis on innovation (i.e., Schumpeterian entrepreneurship. Finally, we examine unique characteristics of the business environment and culture in China, which are likely to impact the ability of Chinese entrepreneurs to go global.

Globalization, financial capitalism, and corporate social responsibility: Structural tensions

OpenAIRE

David Barbosa Ramírez; Christian Medina López; Myriam Vargas López

2014-01-01

Globalization and financial capitalism keep a synergy in a global context whose problems such as environmental degradation, social inequity, economic crises and corruption are intensified. Corporate Social Responsibility emerges as a mechanism that seeks to mitigate some of these problems, although its effectiveness and impact today are challenged. The system which globalization, financial capitalism and social responsibility are a part of, is currently facing a number of structural tensions ...

Global Positioning System: Political Support, Directions of Development, and Expectations

Directory of Open Access Journals (Sweden)

Krzysztof Czaplewski

2015-06-01

Full Text Available Over the last decade the Global Positioning System has become a global, multifunctional tool which provides services that are an integral part of U.S. national security as well as the security of other highly developed countries. Economic development, transport security as well as homeland security are important elements of the global economic infrastructure. In 2000 the United States acknowledged the growing significance of GPS for civilian users and stopped intentionally degrading accuracy for non-military signals that are known as “Selective Availability”. Since then, commercial applications of satellite systems have been proliferating even more rapidly, and therefore, their importance in everyday life has greatly increased. Currently, services that depend on information obtained from the Global Positioning System are the driving force behind economic growth, economic development and the improvement in life safety. This economic development would not be possible without the financial and political support of the US government to maintain the operation of the GPS system. Therefore it is important to have knowledge about the intentions of the US government how system GPS will be developed in the future. Decisions taken in the last 3 months are the subject of this article.

Flexicurity in the Current Economic and Social Context

Directory of Open Access Journals (Sweden)

Georgeta Modiga

2015-05-01

Full Text Available The flexicurity concept - an abbreviation between flexibility and security - appeared in the early 90s, being used for the first time by the Danish Prime Minister Poul Nyrum Rasmussen. The concept refers to a social state model that promotes a pro-active policy in the labour domain and the access to employment. Flexicurity can be defined as a strategy integrated by the simultaneous consolidation of flexibility and security on the labour market. According to the definition given by the European Commission, which establishes the guidelines and “paths” typical for the Member States in order to develop their own strategies in the field, flexicurity is an integrated strategy of simultaneous strengthening of flexibility and security on labour market. This concept arose as a result of socio-economic changes registered in the last decades in Europe: globalization and European integration, development of new technologies, the demographic aging of European society, the segmented development of labour markets.

The global financial and economic crisis and the main priorities of the European Union for 2020

Directory of Open Access Journals (Sweden)

Constantinescu, A.

2013-06-01

Full Text Available This study focuses on the global financial-economic crisis and the main priorities of the European Union for 2020. The duration of a financial economic crisis depends on the macroeconomic factors taken into account, because their representation can have multiple nuances, generated by subjective and political influences. The financial and economic crisis had a significant impact on public finances, business, jobs and families. At all levels, the decision makers in public policy will have to find ways of triggering economic dynamism, while the margin of manoeuvre in what concerns the budget is limited. As the recorded deficit in the public sector will be again under control, public expenditure will be such organized that the targets for 2020 are met.

TECHNOLOGICAL IMPERATIVE IMPACT OF GLOBALIZATION ON INTERNATIONAL AGRICULTURAL ECONOMY

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А. Кozlova

2014-09-01

Full Text Available The article highlights the factors influencing agricultural production towards global market. The study consists basic fundamental imperatives of globalization on the agricultural sector in international economic relations. The article analyzes the strategic priorities of the international agricultural sector, which includes financial and credit support, legal aspects, processes and integration of organizational structures. Technological imperatives require a large structural and institutional turn in the Ukrainian economy on the basis of current trends in the global economy, scientific and technical potential. There is a growing importance of organizing and conducting international level in the field of technological forecasting. This type of prediction is considered as backbone component in strategic forecasting and economic development programming.

Economic Globalization and a Nuclear Renaissance

Energy Technology Data Exchange (ETDEWEB)

Wood, Thomas W; Johnson, Wayne L; Parker, Brian M

2001-10-22

The phenomenon of globalization has become increasingly well recognized, documented, and analyzed in the last several years. Globalization, the integration of markets and intra-firm competition on a worldwide basis, involves complex behavioral and mindset changes within a firm that facilitate global competition. The changes revolve around efficient information flow and rapid deployment of technology. The objective of this report is to examine the probable characteristics of a global nuclear renaissance and its broad implications for industry structure and export control relative to nuclear technology. The question of how a modern renaissance would affect the trend toward globalization of the nuclear industry is addressed.

Economic Globalization and a Nuclear Renaissance

International Nuclear Information System (INIS)

Wood, Thomas W.; Johnson, Wayne L.; Parker, Brian M.

2001-01-01

The phenomenon of globalization has become increasingly well recognized, documented, and analyzed in the last several years. Globalization, the integration of markets and intra-firm competition on a worldwide basis, involves complex behavioral and mindset changes within a firm that facilitate global competition. The changes revolve around efficient information flow and rapid deployment of technology. The objective of this report is to examine the probable characteristics of a global nuclear renaissance and its broad implications for industry structure and export control relative to nuclear technology. The question of how a modern renaissance would affect the trend toward globalization of the nuclear industry is addressed

Cascading effect of economic globalization on human risks of scrub typhus and tick-borne rickettsial diseases.

Science.gov (United States)

Kuo, Chi-Chien; Huang, Jing-Lun; Shu, Pei-Yun; Lee, Pei-Lung; Kelt, Douglas A; Wang, Hsi-Chieh

2012-09-01

The increase in global travel and trade has facilitated the dissemination of disease vectors. Globalization can also indirectly affect vector-borne diseases through the liberalization of cross-border trade, which has far-reaching, worldwide effects on agricultural practices and may in turn influence vectors through the modification of the ecological landscape. While the cascading effect of economic globalization on vector-borne diseases, sometimes acting synergistically with regional agricultural policy, could be substantial and have significant economic, agricultural, and public health implications, research into this remains very limited. We evaluated how abandonment of rice paddies in Taiwan after joining the World Trade Organization, along with periodic plowing, an agricultural policy to reduce farm pests in abandoned fields can unexpectedly influence risks to diseases transmitted by ticks and chiggers (larval trombiculid mites), which we collected from their small-mammal hosts. Sampling was limited to abandoned (fallow) and plowed fields due to the challenge of trapping small mammals in flooded rice paddies. Striped field mice (Apodemus agrarius) are the main hosts for both vectors. They harbored six times more ticks and three times more chiggers in fallow than in plowed plots. The proportion of ticks infected with Rickettsia spp. (etiologic agent of spotted fever) was three times higher in fallow plots, while that of Orientia tsutsugamushi (scrub typhus) in chiggers was similar in both treatments. Fallow plots had more ground cover and higher vegetation than plowed ones. Moreover, ticks and chiggers in both field types were dominated by species known to infest humans. Because ticks and chiggers should exhibit very low survival in flooded rice paddies, we propose that farm abandonment in Taiwan, driven by globalization, may have inadvertently led to increased risks of spotted fever and scrub typhus. However, periodic plowing can unintentionally mitigate vector

The Future of Food Demand: Understanding Differences in Global Economic Models

Energy Technology Data Exchange (ETDEWEB)

Valin, Hugo; Sands, Ronald; van der Mensbrugghe, Dominique; Nelson, Gerald; Ahammad, Helal; Blanc, Elodie; Bodirsky, Benjamin; Fujimori, Shinichiro; Hasegawa, Tomoko; Havlik, Petr; Heyhoe, Edwina; Kyle, G. Page; Mason d' Croz, Daniel; Paltsev, S.; Rolinski, Susanne; Tabeau, Andrzej; van Meijl, Hans; von Lampe, Martin; Willenbockel, Dirk

2014-01-01

Understanding the capacity of agricultural systems to feed the world population under climate change requires a good prospective vision on the future development of food demand. This paper reviews modeling approaches from ten global economic models participating to the AgMIP project, in particular the demand function chosen and the set of parameters used. We compare food demand projections at the horizon 2050 for various regions and agricultural products under harmonized scenarios. Depending on models, we find for a business as usual scenario (SSP2) an increase in food demand of 59-98% by 2050, slightly higher than FAO projection (54%). The prospective for animal calories is particularly uncertain with a range of 61-144%, whereas FAO anticipates an increase by 76%. The projections reveal more sensitive to socio-economic assumptions than to climate change conditions or bioenergy development. When considering a higher population lower economic growth world (SSP3), consumption per capita drops by 9% for crops and 18% for livestock. Various assumptions on climate change in this exercise do not lead to world calorie losses greater than 6%. Divergences across models are however notable, due to differences in demand system, income elasticities specification, and response to price change in the baseline.

Colonial Secondary Education in a Global Age: Economic Distortions in Bangladesh.

Science.gov (United States)

Ilon, Lynn

2000-01-01

Argues that existing secondary education system in Bangladesh, designed during British colonial times, is ill suited to serve current labor-market demands. Discusses three economic distortions resulting from the misalignment of secondary education with the labor market: inappropriate curriculum, excess demand for secondary education, and increased…

Global Prospects for Full Employment

Directory of Open Access Journals (Sweden)

Ivo Šlaus

2011-04-01

Full Text Available The recent international financial crisis highlights the crucial role of employment in human welfare and social stability. Access to remunerative employment opportunities is essential for economic security in a market-based economic system. As the rise of democracy compelled nations to extend the voting right to all citizens, employment must be recognized as a fundamental human right. In total defiance of conventional wisdom, since 1950 job growth has outpaced the explosive growth of population, the rapid adoption of labor-saving technologies, the manifold expansion of world trade, and the dramatic shift from manual labor to white collar work. In an increasingly globalized labor market, current nation-centric theories and models of employment need to be replaced with a human-centered global perspective complemented by new indicators that recognize the central and essential contribution of employment to human economic welfare. Employment and economy are subsets of society and their growth is driven by the more fundamental process of social development. A vast array of unmet social needs combined with an enormous reservoir of underutilized social resources – technological, scientific, educational, organizational, cultural and psychological – can be harnessed to dramatically expand employment opportunities and achieve full employment on a global basis. This paper examines the theoretical basis, policy issues and strategies required to eradicate unemployment nationally and globally.

SHADOW GLOBALIZATION

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Larissa Mihaylovna Kapitsa

2014-01-01

Full Text Available The article reviews some development trends brought about by globalization, particularly, a growing tax evasion and tax avoidance, an expansion of illicit financial flows and the proliferation of a global criminal network. The author draws attention to some new phenomena, particularly, cosmopolitanization of some parts of national elites and a deepening divide between national interests and the private interests of elites as a consequence of financial globalization. Modern mass media, both Russian and foreign, tend to interpret globalization processes exclusively from the position of conformism, and for some of the researchers globalization became the "sacred cow", which one may only worship. Critical analysis of the processes associated with globalization is given a hostile reception. In response to criticism of globalization, one can hear the very same argument: "globalization in inevitable!" Such a state of affairs, the very least, causes perplexity. Some of the world development trends been observed over the past years raise serious concerns about the security and welfare of the peoples of the world. One of such trends has been the globalization of shadow economic activities. Methods of fight against the criminal economy been applied in international practice can be grouped into: 1 punitive enforcement (or criminal-legal methods and 2 socio-economic methods. As the results of various research works evidence punitive enforcement methods not supported by socio-economic measures not effective enough. Toughening the control over criminal economic activities in the absence of preventive and corrective actions aiming to neutralize institutional, social and other stimuli facilitating criminalization of economic activities can result in large losses of financial assets in the form of mass capital flight

Shadow Globalization

Directory of Open Access Journals (Sweden)

Larissa Mihaylovna Kapitsa

2014-01-01

Full Text Available The article reviews some development trends brought about by globalization, particularly, a growing tax evasion and tax avoidance, an expansion of illicit financial flows and the proliferation of a global criminal network. The author draws attention to some new phenomena, particularly, cosmopolitanization of some parts of national elites and a deepening divide between national interests and the private interests of elites as a consequence of financial globalization. Modern mass media, both Russian and foreign, tend to interpret globalization processes exclusively from the position of conformism, and for some of the researchers globalization became the "sacred cow", which one may only worship. Critical analysis of the processes associated with globalization is given a hostile reception. In response to criticism of globalization, one can hear the very same argument: "globalization in inevitable!" Such a state of affairs, the very least, causes perplexity. Some of the world development trends been observed over the past years raise serious concerns about the security and welfare of the peoples of the world. One of such trends has been the globalization of shadow economic activities. Methods of fight against the criminal economy been applied in international practice can be grouped into: 1 punitive enforcement (or criminal-legal methods and 2 socio-economic methods. As the results of various research works evidence punitive enforcement methods not supported by socio-economic measures not effective enough. Toughening the control over criminal economic activities in the absence of preventive and corrective actions aiming to neutralize institutional, social and other stimuli facilitating criminalization of economic activities can result in large losses of financial assets in the form of mass capital flight

The end of the era of generosity? Global health amid economic crisis

Directory of Open Access Journals (Sweden)

Garrett Laurie

2009-01-01

Full Text Available Abstract In the past decade donor commitments to health have increased by 200 percent. Correspondingly, there has been a swell of new players in the global health landscape. The unprecedented, global response to a single disease, HIV/AIDS, has been responsible for a substantial portion of this boon. Numerous health success have followed this windfall of funding and attention, yet the food, fuel, and economic crises of 2008 have shown the vulnerabilities of health and development initiatives focused on short term wins and reliant on a constant flow of foreign funding. For too long, the international community has responded to global health and development challenges with emergency solutions that often reflect the donor's priorities, values, and political leanings, rather than funding durable health systems that can withstand crises. Progress towards achieving the Millennium Development Goals has stalled in many countries. Disease specific initiatives have weakened health systems and limited efforts to improve maternal and child health. As we enter this era of scarce resources, there is a need to return to the foundations of the Alma Ata Declaration signed thirty years ago with the goal of providing universal access to primary healthcare. The global health community must now objectively evaluate how we can most effectively respond to the crises of 2008 and take advantage of this moment of extraordinary attention for global health and translate it into long term, sustainable health improvements for all.

The impact of labor policies on the health of young children in the context of economic globalization.

Science.gov (United States)

Heymann, Jody; Earle, Alison; McNeill, Kristen

2013-01-01

Globalization has transformed the workplace at the same time that increasing numbers of children live in families in which all adults work for pay outside the home. Extensive research evidence demonstrates the importance of parental involvement in the early years of a child's life. Yet, parents caring for young children may face challenges in fulfilling both work and family responsibilities under current labor force conditions. In this article, we review the evidence on the importance of parental care for meeting young children's routine care needs, preventive health care needs, and curative medical treatment requirements. We examine the evidence regarding the impact of four policies in particular on young children's health and development: parental leave, breastfeeding breaks, early childhood care and education, and leave for children's health needs. Last, we examine the availability of these policies worldwide and discuss the potential economic implications.

Global Warming: The Complete Briefing (Second Edition)

Science.gov (United States)

Hartmann, Dennis L.

Enough coal exists to sustain world energy consumption growth through at least the end of the next century. If fossil carbon fuel consumption continues to increase at current rates, however, atmospheric carbon dioxide concentrations will likely more than double, probably leading to significant warming of global climate, shifts in regional climates, and sea-level rise. Scientists and citizens throughout the world are discussing what should be done about the effects of our energy economy on the global environment.The issue is very broad and engaging, ranging from basic issues of geoscience to economics to fundamental value systems, and it has mobilized great economic interests and concern for our global environment. We live in an interesting time when human activities have begun to compete with the global capacities of Earth to recycle the elements of life. In the coming years, we will see how the world community reacts to this challenge, and what combination of conservation, technological development, and adaptation is ultimately adopted.

Labour in Global Value Chains

DEFF Research Database (Denmark)

Lund-Thomsen, Peter; Nadvi, Khalid; Chan, Anita

2012-01-01

production contexts that influence work conditions. In doing so, it argues that current debates on the role of labour in global value chains have to go beyond a narrow focus on labour standards and corporate social responsibility compliance and engage with economic, technological and social upgrading......A critical challenge facing developing country producers is to meet international labour standards and codes of conduct in order to engage in global value chains. Evidence of gains for workers from compliance with such standards and codes remains limited and patchy. This article focuses...... on the global football industry, a sector dominated by leading global brands that manage dispersed global value chains. It assesses the working conditions for football stitchers engaged in different forms of work organization, factories, stitching centres and home-based settings in Pakistan, India and China...

How Sustainable is Groundwater Abstraction? A Global Assessment.

Science.gov (United States)

de Graaf, I.; Van Beek, R.; Gleeson, T. P.; Sutanudjaja, E.; Wada, Y.; Bierkens, M. F.

2017-12-01

Groundwater is the world's largest accessible freshwater resource and is of critical importance for irrigation, and thus for global food security. For regions with high demands, groundwater abstractions often exceed recharge and persistent groundwater depletion occurs. The direct effects of depletion are falling groundwater levels, increased pumping costs, land subsidence, and reduced baseflows to rivers. Water demands are expected to increase further due to growing population, economic development, and climate change, posing the urgent question how sustainable current water abstractions are worldwide and where and when these abstractions approach conceivable economic and environmental limits. In this study we estimated trends over 1960-2100 in groundwater levels, resulting from changes in demand and climate. We explored the limits of groundwater abstraction by predicting where and when groundwater levels drop that deep that groundwater gets unattainable for abstraction (economic limit) or, that groundwater baseflows to rivers drop below environmental requirements (environmental limit). We used a global hydrological model coupled to a groundwater model, meaning lateral groundwater flows, river infiltration and drainage, and infiltration and capillary-rise are simulated dynamically. Historical data and projections are used to prescribe water demands and climate forcing to the model. For the near future we used RCP8.5 and applied globally driest, average, and wettest GCM to test climate sensitivity. Results show that in general environmental limits are reached before economic limits, for example starting as early as the 1970s compared to the 1980s for economic limits in the upper Ganges basin. Economic limits are mostly related to regions with depletion, while environmental limits are reached also in regions were groundwater and surface water withdrawals are significant but depletion is not taking place (yet), for example in Spain and Portugal. In the near future

Global Operations Networks

DEFF Research Database (Denmark)

In the current context of global economic liberalisation and technological advancements, industrial companies are less likely to generate value in the traditional vertically integrated chain. Instead, they are doing so by means of elaborate cross-border and cross-organisational networks. As a rule......, these networks are configured on a global basis and consist of diverse and interdependent affiliates (linked both through ownership and non-equity relationships), which are engaged in an exchange of goods, services and information. The Scandinavian context is no exception to this trend. Nevertheless......, international comparative studies providing comprehensive insights from it are still rare. With the objective of bridging this gap, Global Operations Networks (GONE) project (sponsored by the Danish Research Council) brought together numerous academic and industrial partners from Denmark, Sweden and Finland...

GENDER DISPARITIES REGARDING WAGE AS A MOTIVATIONAL TOOL IN THE CURRENT ECONOMIC CONTEXT

OpenAIRE

DEMYEN SUZANA; LALA POPA ION

2014-01-01

The deepening process of globalization, negative trends regarding demographic evolution both nationally and internationally, also the emigration phenomenon and the long-term effects of the economic crisis, are the main challenges in terms of creating a general support and to encourage a fair and effective management of human resources, regardless of the industry they are developing their activity. Motivation consists in a series of problems that need to be solved in order to g...

Controlling the HIV/AIDS epidemic: current status and global challenges

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Thorsten eDemberg

2012-08-01

Full Text Available This review provides an overview of the current status of the global HIV pandemic and strategies to bring it under control. It updates numerous preventive approaches including behavioral interventions, male circumcision, pre- and post-exposure prophylaxis, vaccines, and microbicides. The manuscript summarizes current anti-retroviral treatment options, their impact in the western world, and difficulties faced by emerging and resource-limited nations in providing and maintaining appropriate treatment regimens. Current clinical and pre-clinical approaches towards a cure for HIV are described, including new drug compounds that target viral reservoirs and gene therapy approaches aimed at altering susceptibility to HIV infection. Recent progress in vaccine development is summarized, including novel approaches and new discoveries.

Global warming precipitation accumulation increases above the current-climate cutoff scale.

Science.gov (United States)

Neelin, J David; Sahany, Sandeep; Stechmann, Samuel N; Bernstein, Diana N

2017-02-07

Precipitation accumulations, integrated over rainfall events, can be affected by both intensity and duration of the storm event. Thus, although precipitation intensity is widely projected to increase under global warming, a clear framework for predicting accumulation changes has been lacking, despite the importance of accumulations for societal impacts. Theory for changes in the probability density function (pdf) of precipitation accumulations is presented with an evaluation of these changes in global climate model simulations. We show that a simple set of conditions implies roughly exponential increases in the frequency of the very largest accumulations above a physical cutoff scale, increasing with event size. The pdf exhibits an approximately power-law range where probability density drops slowly with each order of magnitude size increase, up to a cutoff at large accumulations that limits the largest events experienced in current climate. The theory predicts that the cutoff scale, controlled by the interplay of moisture convergence variance and precipitation loss, tends to increase under global warming. Thus, precisely the large accumulations above the cutoff that are currently rare will exhibit increases in the warmer climate as this cutoff is extended. This indeed occurs in the full climate model, with a 3 °C end-of-century global-average warming yielding regional increases of hundreds of percent to >1,000% in the probability density of the largest accumulations that have historical precedents. The probabilities of unprecedented accumulations are also consistent with the extension of the cutoff.

Global warming precipitation accumulation increases above the current-climate cutoff scale

Science.gov (United States)

Sahany, Sandeep; Stechmann, Samuel N.; Bernstein, Diana N.

2017-01-01

Precipitation accumulations, integrated over rainfall events, can be affected by both intensity and duration of the storm event. Thus, although precipitation intensity is widely projected to increase under global warming, a clear framework for predicting accumulation changes has been lacking, despite the importance of accumulations for societal impacts. Theory for changes in the probability density function (pdf) of precipitation accumulations is presented with an evaluation of these changes in global climate model simulations. We show that a simple set of conditions implies roughly exponential increases in the frequency of the very largest accumulations above a physical cutoff scale, increasing with event size. The pdf exhibits an approximately power-law range where probability density drops slowly with each order of magnitude size increase, up to a cutoff at large accumulations that limits the largest events experienced in current climate. The theory predicts that the cutoff scale, controlled by the interplay of moisture convergence variance and precipitation loss, tends to increase under global warming. Thus, precisely the large accumulations above the cutoff that are currently rare will exhibit increases in the warmer climate as this cutoff is extended. This indeed occurs in the full climate model, with a 3 °C end-of-century global-average warming yielding regional increases of hundreds of percent to >1,000% in the probability density of the largest accumulations that have historical precedents. The probabilities of unprecedented accumulations are also consistent with the extension of the cutoff. PMID:28115693

Current Economic and Financial Crisis – New Issues or Returning to the Old Problems? Paradigms, Causes, Effects and Solutions Adopted

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Felix TOTIR

2011-01-01

Full Text Available At the ideological level, the current crisis, as the others in history, has triggered an intellectual debate among several applicable ideas: ultra-liberal theory of the "invisible hand" of Adam Smith, Keynes's theory of state interventionism and even neo-Marxist theories. Globalization, with all its core components, generates a chain reaction when the phenomenon occurs, either positive or negative. The origin of the current financial crisis should be sought in the effects of massive cross-border capital flows and the use of more complex derivatives. Reaching the saturation of the three engines of economic growth worldwide in the period after the collapse of the socialist bloc is another important cause of all the failures that currently exist worldwide. Acquisition of toxic assets from bank balance sheets, their recapitalization and takeover by the state, but also the reinforcement of the prudential supervision of capitalization, liquidity and risk management system, improved transparency and speed the process of evaluating or reinforcing authorities' response to risk, can be considered short or long term anti-crisis measures, as appropriate.

The Development of Forms of Corporate Social Responsibility in Russia in the Current Economic Conditions

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Natalya Arzumanova

2015-02-01

Full Text Available The article reveals the characteristic features of modern trends in the formation and implementation of corporate social responsibility in Russia in the current economic conditions, which is based on the fact that reasonable economic interests oriented business not only on maximizing profits, but also to improve their own macro - socio-economic, natural, political, through voluntary investment profits in the respective areas.

Optimal model of economic diplomacy of Republic of Croatia in the contexst of global intelligence revolution

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Zdravko Bazdan

2010-12-01

Full Text Available The aim of this study is to point to the fact that economic diplomacy is a relatively new practice in international economics, specifically the expansion of the occurrence of Intelligence Revolution. The history in global relations shows that without economic diplomacy there is no optimal economic growth and social development. It is important to note that economic diplomacy should be important for our country and the political elite, as well as for the administration of Croatian economic subjects that want to compete in international market economy. Comparative analysis are particularly highlighted by French experience. Therefore, Croatia should copy the practice of those countries that are successful in economic diplomacy. And in the curricula - especially of our economic faculties - we should introduce the course of Economic Diplomacy. It is important to note, that in order to form our optimal model of economic diplomacy which would be headed by the President of Republic of Croatia formula should be based on: Intelligence Security Agency (SOA, Intelligence Service of the Ministry of Foreign Affairs and European Integration, Intelligence Service of the Croatian Chamber of Commerce and the Intelligence Service of the Ministry of Economy, Labor and Entrepreneurship. Described model would consist of intelligence subsystem with at least twelve components.

International Inequality in the Age of Globalization: Japanese Economic Ascent and the Restructuring of the Capitalist World-Economy

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Paul S. Ciccantell

2015-08-01

Full Text Available This paper shows how Japanese ?rms and the Japanese state constructed a development model based on the steel industry as a generative sector that drove Japan’s economic ascent in the world-historical context of U.S. hegemony. We make three arguments in this paper. First, there is a new model of capital accumulation that does create new forms of social inequality by redistributing costs and bene?ts in very di?erent ways than earlier models. Second, Japanese ?rms and the Japanese state created this new model of capital accumulation and social inequality via mechanisms including joint ventures, long term contracts, and other forms of international trade and investment, not U.S.-based transnational corporations, as is usually assumed. Third, world-systems theory reconstructed through the lens of the new historical materialism explains this restructuring of the capitalist world-economy as the outcome of Japan’s economic ascent over the last ?fty years. Further, we argue that this new model of capital accumulation has had similar impacts on redistributing the costs and bene?ts of development between core and peripheral regions of the capitalist world-economy in a wide range of global industries. These strategies created a tightly linked set of technological and organizational innovations to overcome the natural and social obstacles to Japanese development, dramatically increase Japan’s international economic competitiveness by lowering production costs in all sectors of the economy, turn Japan into the world’s largest exporter of manufactured products, restructure a range of global industries, and recreate the world-system hierarchy in support of Japanese development. In particular, organizational inno-vations in the use of long term contracts and joint ventures in raw materials industries to foster global excess capacity and lower rents to resource extracting ?rms and states reallocated the costs of providing the material building blocks of

THE ANALYSIS OF THE REAL ESTATE INVESTMENTS IN THE CURRENT ECONOMIC ENVIRONMENT

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Hristea Anca Maria

2013-07-01

Full Text Available Real estate investments are one of the most attractive business opportunities in the context of the contemporary economy, generally marked by economic recession and especially by monetary and financial instability. Last years international reporting concluded that deepening the global economic crisis determined an increase of the real estate request, while despite all expectations one did not assist a crash of the prices. Economic reality showed that real estate assets value (buildings, land kept proportions with economic reality over time. A comparison between stock exchange market and the real estate market shows that while an movables investor (investments in stocks, bonds or life insurance might lose completely his initial investment, the investments in real estate assets, such as buildings, would keep their quality as goods and would also keep a value to better resist shocks and thus allowing an increase of the capital. When appreciating the value of an investment the first things to analyze are the return, liquidity and risk criteria, which are essential in real estate investments too. Stimulating real estate market must be not only a wish but also a reality of global economy, since it can correct many of the aggregated indicators of a country. Containing scientifically detached from economic practice, this article is addressed to readers with interests in real estate investment. The language is usually referred particularly to the qualitative side of the real estate market approach. The feasibility of the real estate investments is being conditioned by their capacity to generate important profits, on the background of the reduction of the duration of recovery of their value. The economic instability from the last couple of years has generated fears and failures but, paraphrasing Johann Wolfgang von Goethe, courage is a mixture of genius, magic and power that helps us succeed in everything we set our mind to. The investments on the real

Global assessment of the economics of land degradation and improvement

Science.gov (United States)

Nkonya, Ephraim

2017-04-01

Land degradation—defined by the Millennium Ecosystem Assessment report as the long-term loss of ecosystems services—is a global problem, negatively affecting the livelihoods and food security of billions of people. Intensifying efforts, mobilizing more investments and strengthening the policy commitment for addressing land degradation at the global level needs to be supported by a careful evaluation of the costs and benefits of action versus costs of inaction against land degradation. Consistent with the definition of land degradation, we adopt the Total Economic Value (TEV) approach to determine the costs of land degradation and use remote sensing data and global statistical databases in our analysis. The results show that the annual costs of land degradation due to land use and land cover change (LUCC) are about US231 billion per year or about 0.41 % of the global GDP of US56.49 trillion in 2007. Contrary to past global land degradation assessment studies, land degradation is severe in both tropical and temperate countries. However, the losses from LUCC are especially high in Sub-Saharan Africa, which accounts for 26 % of the total global costs of land degradation due to LUCC. However, the local tangible losses (mainly provisioning services) account only for 46 % of the total cost of land degradation and the rest of the cost is due to the losses of ecosystem services (ES) accruable largely to beneficiaries other than the local land users. These external ES losses include carbon sequestration, biodiversity, genetic information and cultural services. This implies that the global community bears the largest cost of land degradation, which suggests that efforts to address land degradation should be done bearing in mind that the global community,as a whole, incurs larger losses than the local communities experiencing land degradation. The cost of soil fertility mining due to using land degrading management practices on maize, rice and wheat is estimated to be

Rationale for Students Preparation and Entrepreneurship Education in the Face of Global Economic Crisis in Nigeria

Science.gov (United States)

Onuma, Nwite

2016-01-01

The rationale for students preparation in job creation through entrepreneurship education was examined. Problems of unemployment among Nigerian university graduates and challenges to entrepreneurship in the face of global economic crisis were also highlighted. The persistent problem of unemployment among University graduates and its attendant…

Implementation of Basel III capital standards and challenges of global economic crisis

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Ljubić Marijana

2015-01-01

Full Text Available Implementation of the standards of the Basel Committee on Banking Supervision is an important step towards improving banking. The author seek to illuminate the importance and necessity of introducing new Basel III capital standards, Basel Committee on Banking Supervision in the banks in Serbia and around the world. Implementation of Basel standards, as a general model for managing capital and risk management in banks, based on quantitative model and a series of qualitative solutions, which will be based on the implementation of the proposed model, in oder to be effectively implemented in the Serbian banking sector that makes up only a part that is essential for improving the range of Banking Supervision in order to help better develop. The global economic crisis is encouraged and promoted by the Basel standards whose modification of birth to the new Basel III capital agreement, will reduce the impacts of the same. Banks that successfully implement Basel guidelines to improve their overall business will realize a significant business advantage over those in which the manner and extent of implementation of policies is aimed only at the mere satisfaction of the regulator. Will Basel standards fail to alleviate the impact of the global economic crisis? Did the Basel II standards and modifications hlp to enhance better and more advanced Basel III? These are just some of the questions that the author of the paper is providing answers for.

Current and future levels of mercury atmospheric pollution on global scale

NARCIS (Netherlands)

Pacyna, Jozef M.; Travnikov, Oleg; De Simone, Francesco; Hedgecock, Ian M.; Sundseth, Kyrre; Pacyna, Elisabeth G.; Steenhuisen, Frits; Pirrone, Nicola; Munthe, John; Kindbom, Karin

2016-01-01

An assessment of current and future emissions, air concentrations and atmospheric deposition of mercury world-wide are presented on the basis of results obtained during the performance of the EU GMOS (Global Mercury Observation System) project. Emission estimates for mercury were prepared with the

INTERNATIONALIZATION OF SMES - A SOLUTION TO OVERCOME THE CURRENT ECONOMIC CRISIS

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Corina Ana BORCOŞI

2010-12-01

Full Text Available There is a close link between economic performance and increasing internationalization of SMEs. International activities increase competitiveness and ensure long-term development of enterprises. However, European SMEs still depend largely on their internal markets, notwithstanding the opportunities created to the single market and globalization in general. A study realized in 2009 by the European Commission reveals that internationalization creates more jobs: SMEs active in foreign markets reported an increase in employment by 7% compared to only 1% free activities for SMEs international. Internationalized SMEs are more innovative: 26% of SMEs have introduced internationally active products or services that were new to the sector in their country of origin.

The New Development Bank in Global Finance and Economic Architecture

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Alexandra Morozkina

2015-05-01

Full Text Available The article addresses the question whether the New Development Bank (NDB will promote the role of the BRICS countriesin the global financial architecture and foster their development. It begins by comparing the key multilateral developmentbanks (World Bank, Asian Development Bank, African Development Bank and Inter-American Development Bank,European Bank for Reconstruction and Development and national development banks of the BRICS countries with thenewly established institution. The NDB’s purpose is to mobilize resources for infrastructure and sustainable developmentprojects in the member countries. This purpose, as author concludes on the base of the analysis, partly duplicates the workof the existing institutions. However, the NDB could add to the functions of the existing institutions and become a significantdevelopment bank for its members. The best way to achieve this significance is to implement multilateral projects in the areasmentioned above. The article also examines the current role of the BRICS countries in the global financial architecture andthe potential for an increased role, brought by the establishment of the BRICS bank. The founding countries of the NDB willjointly determine the volume and directions of its financial aid. In addition, in contrast to the Bretton Woods institutions,the BRICS countries can change the rules of the development financial aid, particularly the conditions and system formonitoring results. The article concludes that the BRICS countries have created a possible way to change the current systemof development finance and therefore to increase the role of the BRICS countries in the global financial architecture.

Processes of globalization, economic policy and the role of state in raw materials and energy complex

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Vladimír Vodzinský

2009-09-01

Full Text Available Authors dedicate this article to impacts of constrains in paradigm of potentials forming our society.As entire societies are assembled in certain pattern, this article is dedicated to reasoning why economical growth builton influence and a use of knowledge of the reasons would accelerate consumer orientation of reproduction cycle on the levelof ownership.Both of these, causes and reasons, result in aggravation of social order and ecological crises.End products of globalization and concomitant state economic policies do not lead to crisis solution nor do they lead to effectivedisappearance of their consequences.

Quantifying the impact of weather extremes on global food security: A spatial bio-economic approach

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Sika Gbegbelegbe

2014-08-01

Full Text Available This study uses a spatial bio-economic modelling framework to estimate the impact of the 2012 weather extreme in the USA on food security in the developing world. The study also quantifies the potential effects of a similar weather extreme occurring in 2050 under climate change. The study results indicate that weather extremes that affect maize productivity in key grain baskets can negatively affect food security in vulnerable countries. The 2012 weather extreme which occurred in the USA reduced US and global maize production by 29% compared to trend; maize consumption in the country decreased by 5% only and this resulted in less surplus maize for exports from the largest maize exporter in the world. Global maize production decreased by 6% compared to trend. The decrease in global maize production coupled with a reduction in the volume of global maize exports worsened food insecurity in eastern Africa, the Caribbean and Central America and India. The effects of the weather extreme on global food security would be worse, if the latter were to occur under climate change in 2050, assuming no climate change adaptation worldwide over the years. In addition, the hardest-hit regions would remain the same, whether the weather extreme occurs in 2012 instead of 2050: Sub-Saharan Africa (SSA, South Asia and the Latin America and Caribbean (LAC region. However, sustained growth in per capita income across world economies between 2000 and 2050 would allow few countries in SSA and the LAC region to virtually eliminate hunger within their borders. In these countries, per capita income would be high enough by 2050 to completely offset the negative effect of the weather extreme. The study results are also consistent with USDA׳s estimates on US and global maize production and consumption in 2012 after the weather extreme. Some discrepancy is found on the volume of global maize trade; this implies that the bio-economic model likely overestimates the effect of the

Globalization challenges in a globalized world

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Dr.Sc. Gjon Boriçi

2016-01-01

Full Text Available Globalization is an ongoing phenomenon trying to redefine the economic, social, cultural and political dynamics of contemporary societies. The communication among countries and not only them, has been increased expanding political ties, making possible greater economic integration and wider cultural relations combined with augmented global wealth across the world. But, the process of globalization is in wider terms considered a beneficial one, but also viewed by some countries as a menace to national sovereignty and national culture. This paper tries to explain the obstacles to the process of globalization and its attendant benefits. Although globalization has arisen as a result of a more stable world, the factors that had contributed to its rise also help the factions interested to bring destabilization. In an academic approach in this article, between the research and comparative methods, I have been trying to get the maxims between economy, politics and diplomacy in their efforts of affecting the global era.

Modelling the sequential geographical exploitation and potential collapse of marine fisheries through economic globalization, climate change and management alternatives

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Gorka Merino

2011-07-01

Full Text Available Global marine fisheries production has reached a maximum and may even be declining. Underlying this trend is a well-understood sequence of development, overexploitation, depletion and in some instances collapse of individual fish stocks, a pattern that can sequentially link geographically distant populations. Ineffective governance, economic considerations and climate impacts are often responsible for this sequence, although the relative contribution of each factor is contentious. In this paper we use a global bioeconomic model to explore the synergistic effects of climate variability, economic pressures and management measures in causing or avoiding this sequence. The model shows how a combination of climate-induced variability in the underlying fish population production, particular patterns of demand for fish products and inadequate management is capable of driving the world’s fisheries into development, overexploitation, collapse and recovery phases consistent with observations. Furthermore, it demonstrates how a sequential pattern of overexploitation can emerge as an endogenous property of the interaction between regional environmental fluctuations and a globalized trade system. This situation is avoidable through adaptive management measures that ensure the sustainability of regional production systems in the face of increasing global environmental change and markets. It is concluded that global management measures are needed to ensure that global food supply from marine products is optimized while protecting long-term ecosystem services across the world’s oceans.

The impact of the economic environment on financial reports

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Valentin Burcă

2011-06-01

Full Text Available Financial reporting represents a current issue of economic environment, given globalization and the recent economic crisis. Accounting -as profession - along with the investors and state institutions have started a comprehensive project of accounting convergence designed to improve the comparability of accounting information released by financial statements synthesis. The success of the project can only be provided by taking into account several constraints imposed by the economic environment, and not only. Therefore, attention must be paid to the voice of capital markets and large multinational corporations regarding the future development of financial reporting.

The Global Economic Crisis: Setbacks to the Educational Agenda for the Minority in Sub-Saharan Africa

Science.gov (United States)

Ingubu, Moses Shiasha

2010-01-01

This paper captures the impact of the Global Economic Crisis on educational programs serving minority groups in developing countries. It has been established that the most vulnerable groupings include nomadic and pastoralist communities, slum dwellers, children in war zones, and women. Various educational interventions such as mobile schooling,…

Economic analysis of the global polio eradication initiative.

Science.gov (United States)

Duintjer Tebbens, Radboud J; Pallansch, Mark A; Cochi, Stephen L; Wassilak, Steven G F; Linkins, Jennifer; Sutter, Roland W; Aylward, R Bruce; Thompson, Kimberly M

2010-12-16

The global polio eradication initiative (GPEI), which started in 1988, represents the single largest, internationally coordinated public health project to date. Completion remains within reach, with type 2 wild polioviruses apparently eradicated since 1999 and fewer than 2000 annual paralytic poliomyelitis cases of wild types 1 and 3 reported since then. This economic analysis of the GPEI reflects the status of the program as of February 2010, including full consideration of post-eradication policies. For the GPEI intervention, we consider the actual pre-eradication experience to date followed by two distinct potential future post-eradication vaccination policies. We estimate GPEI costs based on actual and projected expenditures and poliomyelitis incidence using reported numbers corrected for underreporting and model projections. For the comparator, which assumes only routine vaccination for polio historically and into the future (i.e., no GPEI), we estimate poliomyelitis incidence using a dynamic infection transmission model and costs based on numbers of vaccinated children. Cost-effectiveness ratios for the GPEI vs. only routine vaccination qualify as highly cost-effective based on standard criteria. We estimate incremental net benefits of the GPEI between 1988 and 2035 of approximately 40-50 billion dollars (2008 US dollars; 1988 net present values). Despite the high costs of achieving eradication in low-income countries, low-income countries account for approximately 85% of the total net benefits generated by the GPEI in the base case analysis. The total economic costs saved per prevented paralytic poliomyelitis case drive the incremental net benefits, which become positive even if we estimate the loss in productivity as a result of disability as below the recommended value of one year in average per-capita gross national income per disability-adjusted life year saved. Sensitivity analysis suggests that the finding of positive net benefits of the GPEI remains

Current challenges in health economic modeling of cancer therapies: a research inquiry.

Science.gov (United States)

Miller, Jeffrey D; Foley, Kathleen A; Russell, Mason W

2014-05-01

The demand for economic models that evaluate cancer treatments is increasing, as healthcare decision makers struggle for ways to manage their budgets while providing the best care possible to patients with cancer. Yet, after nearly 2 decades of cultivating and refining techniques for modeling the cost-effectiveness and budget impact of cancer therapies, serious methodologic and policy challenges have emerged that question the adequacy of economic modeling as a sound decision-making tool in oncology. We sought to explore some of the contentious issues associated with the development and use of oncology economic models as informative tools in current healthcare decision-making. Our objective was to draw attention to these complex pharmacoeconomic concerns and to promote discussion within the oncology and health economics research communities. Using our combined expertise in health economics research and economic modeling, we structured our inquiry around the following 4 questions: (1) Are economic models adequately addressing questions relevant to oncology decision makers; (2) What are the methodologic limitations of oncology economic models; (3) What guidelines are followed for developing oncology economic models; and (4) Is the evolution of oncology economic modeling keeping pace with treatment innovation? Within the context of each of these questions, we discuss issues related to the technical limitations of oncology modeling, the availability of adequate data for developing models, and the problems with how modeling analyses and results are presented and interpreted. There is general acceptance that economic models are good, essential tools for decision-making, but the practice of oncology and its rapidly evolving technologies present unique challenges that make assessing and demonstrating value especially complex. There is wide latitude for improvement in oncology modeling methodologies and how model results are presented and interpreted. Complex technical and

The present global financial and economic crisis and the oil crises of the 1970s. Opposite turning points in the development of economic growth, energy supply, and the role of nuclear power?; Die gegenwaertige globale Finanz- und Wirtschaftskrise und die Oelkrisen der 1970er-Jahre. Gegensaetzliche Trendwenden in der Entwicklung von Wirtschaftswachstum, Energieversorgung und Rolle der Kernenergie?

Energy Technology Data Exchange (ETDEWEB)

Herrmann, Dieter

2012-08-15

After decades of extensive economic growth, the oil crises in the 1970s enforced the transition to intensive growth in a manner conserving resources, combined with a fundamental turnaround in the development of global energy supply and the role of nuclear power. Meanwhile, the world has changed considerably as a result of population growth, technical progress, and globalization - and it is in the throes of another crisis. The contribution shows, on the basis of empirical indicators, that higher commodity prices halted the period of intense growth already in late 2007. The following global financial and economic crisis can be interpreted plausibly as a return to extensive economic growth worldwide. This is likely to have far-reaching consequences for the future development of global energy supply and the role of nuclear power. (orig.)

CHINA - A UNIQUE IMAGE IN A GLOBALIZED WORLD

Directory of Open Access Journals (Sweden)

Ioana-Iulica MIHAI

2012-01-01

Full Text Available Globalization is an irreversible process that generates multiple effects on all countries in the world, regardless of their level of development. Like any social and political process, globalization cannot be considered an unlimited source of benefits, especially for the countries where labor productivity is very low, but it cannot be accused of all the evils that some social structures are required to overcome them. Intensively analyzed and monitored, globalization influences all directions of development of a national economy, from the economic to the political sector, from the social to the cultural and religious one. China is the best example in this respect, a country that describes an economic portrait painted in very vivid colors, highlighting its successes in launching a really impressive process of development. We may say that the main catalyst for the rise of China is considered to be globalization, a process that started two decades ago by the Western powers and the major multinational companies currently operating in the most global market in the world - the Chinese market.