WorldWideScience

Sample records for economy final main

  1. Mathematic model of regional economy development by the final result of labor resources

    Science.gov (United States)

    Zaitseva, Irina; Malafeev, Oleg; Strekopytov, Sergei; Bondarenko, Galina; Lovyannikov, Denis

    2018-04-01

    This article presents the mathematic model of regional economy development based on the result of labor resources. The solution of a region development-planning problem is considered for the period of long-lasting planning taking into account the beginning and the end of the planned period. The challenge is to find the distribution of investments in the main and additional branches of the regional economy, which will provide simultaneous transaction of all major sectors of the regional economy from the given condition to the predetermined final state.

  2. The main problems faced Ukraine in case of low-carbon economy

    Directory of Open Access Journals (Sweden)

    Artemenko L. P.

    2015-05-01

    Full Text Available The article presents main thoughts covering the process of implementation of low-carbon economy principles in Ukraine, presented main problems towards this aim and proposes one of the main steps to be taken on this long-term way. In case of the damaged limit of the natural recourses to be developed in Ukraine nowadays (especially gas, oil, coil, etc., lost of competitive position on international market to be always placed by Ukrainian manufactories, disability to cut the value of carbon gases and then, as a result, disability to ensure Ukrainian obligations by the Kyoto protocol, Ukrainian Government needs to find better solution for solving the problems mentioned above. In this case we should take into account that the main part of these problems appeared in case of the low-carbon economy movement in the world. As we declare our desire to be next to the leaders countries, than we have to find solutions for our problems based on the main international best practices.

  3. 21st Century jobs initiative - building the foundations for a 21st Century economy. Final main report

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-11-01

    The 21st Century Jobs Initiative has been launched in the context of new realities in Washington, D.C., rapid restructuring of the US economy and accelerating changes in the makeup of the East Tennessee economy driven by these and other external economic forces. Continuing downward pressure on Federal budgets for programs that support three key institutions in the region - DOE`s Oak Ridge complex, the Tennessee Valley Authority and research programs of the University of Tennessee - are especially threatening to the region. With a large part of its economy dependent on Federal spending, the area is at risk of troublesome impacts that could ripple out from the Oak Ridge and Knoxville home of these institutions throughout the entire 15-county {open_quotes}Resource Valley.{close_quotes} As these economic forces play out in the region`s economy, important questions arise. How will East Tennessee {open_quotes}earn its living{close_quotes} in the future if the Federal government role in the economy shrinks? What kind of new industries will be formed to replace those at risk due to Federal cutbacks and economic restructuring? Where will the jobs come from for the next generation of job seekers? These are among the questions driving the 21st Century Jobs Initiative, an action-oriented program designed and implemented by local leaders in response to the economic challenges facing East Tennessee. Fortunately, the region`s economy is strong today. Unemployment is at near record lows in most counties. Moreover, leaders are increasingly aware of the threats on the horizon and are already moving to action. And the impacts from the forces at work on the economy will probably come slowly, over the next decade or so. Based on economic research and input from local leaders knowledgeable about the economy, the 21st Century Jobs Initiative has set forth a strategic economic development plan for the region.

  4. CURRENT TRENDS IN THE KNOWLEDGE ECONOMY

    Directory of Open Access Journals (Sweden)

    Ciprian Ionel HRETCANU

    2015-07-01

    Full Text Available In this paper we discuss various aspects of the current economy known as the knowledge economy. Also we will review two indicators of this new economy, because these indicators presents a general plan on access, use and degree of diffusion of knowledge. Then, based on these indicators and taking into account other aspects, we outline the structure relations between "new economy" and "digital economy". Finally we present the main types of business existing in the digital economy.

  5. The soil in the bio-economy (Main report); De bodem in de bio-economie (Hoofdrapport)

    Energy Technology Data Exchange (ETDEWEB)

    Croezen, H.J.; Odegard, I.Y.R.; Bergsma, G.C. [CE Delft, Delft (Netherlands); Langeveld, J.W.A. [Biomass Research, Wageningen (Netherlands)

    2013-03-15

    The impact on soils of further development of the biobased economy has been investigated. Policymakers in the Netherlands and the EU are keen to see this grow to a share of 25-30% in the overall economy by 2030-2040. Under these plans biomass will be used in the energy sector (electricity, heat, gas), transport sector (biodiesel, bioethanol) and chemical industry. For 21 biomass supply chains this study examines the effects on the organic matter content of soils, the nutrient requirements (NPK), water consumption, land use, ecotoxicity and climate balance, including soil effects. The main result to emerge from the analysis is that there are major differences between the various biomass chains. Some have positive effects on soil organic matter balance, require low nutrient inputs and score well on climate balance, while others need up to ten times more inputs for the same contribution to the biobased economy. Chains in which nutrients are returned to the soil perform relatively better, for example ethanol production with return of the lignin fraction. Ethanol from sugarcane also scores fairly high, but only on condition that leaves and heads are not burned, but left on the field. The supply chains in question have also been translated into a number of complete scenarios for European conversion to a 25% biobased economy. This confirmed that varying the precise design of the scenarios has a major impact on soil parameters. Based on this analysis, we recommend that greater attention be paid to the soil effects of biobased supply chains in policies relating to the biobased economy, for example by including more detailed descriptions of soil-related aspects in sustainability criteria and subsidies. The results of the study are presented in a Main Report and in separate Appendices detailing agricultural aspects [Dutch] In opdracht van de Technische Commissie Bodem (TCB) heeft CE Delft samen met Biomass Research onderzocht wat de bodemkundige effecten zijn van het verder

  6. Light-duty vehicle greenhouse gas emission standards and corporate average fuel economy standards : final rule

    Science.gov (United States)

    2010-05-07

    Final Rule to establish a National Program consisting of new standards for light-duty vehicles that will reduce greenhouse gas emissions and improve fuel economy. This joint : Final Rule is consistent with the National Fuel Efficiency Policy announce...

  7. Real economy versus virtual economy - New challenges for nowadays society

    Directory of Open Access Journals (Sweden)

    Associates Professon Dr. Veronica Adriana Popescu

    2011-05-01

    Full Text Available In the paper Real Economy versus Virtual Economy – New Challenges for Nowadays Society our goal is to present the importance of both real economy and virtual economy.At the begging of our research, we have presented the main views of some specialists concerning both virtual and real economy. After that we have compared the two types of economies and we have stressed the most important aspects connected to them. The main reason why we have decided to approach this complex subject is due to the increasing interest in the virtual economy matters and the relation that this particular type of economy develops with the real economy.

  8. Circular economy opportunity in the wind industry. Final report

    International Nuclear Information System (INIS)

    Bellini, Robert

    2015-05-01

    industrializing the first-generation turbines, circular economy appears as an opportunity for the next 15 years. Concerning the 'product dimension': the main challenges are to control rare earth consumption and to create a specific treatment process for composite blades, but also to maximize the use of equipment by extending the equipment lifetime or the reconditioning of critical components. The creation of maintenance / recycling activities is a major component of circular economy, which creates value and local jobs. Concerning the 'territorial dimension': as there is no French leading manufacturer, there is still a large potential to optimize supply chain, by re-localizing added value at different levels (wind turbine assembly, tower manufacturing, 2. level maintenance). This would limit transportation and enhance skills throughout the all value chain creating more sustainable industrials ecosystems. To contribute to the development of these opportunities, ADEME can pull several levers: - To conduct in-depth environmental studies to validate environmental opportunities; - To conduct strategic and economic studies to validate the impact of strategic opportunities; - To support innovation for eco-technologies in wind turbine sector; - To promote the integration of circular economy criteria in public policies; - To promote development of the opportunities. To conclude, as the French wind industry is still young and lacking of clear leader, pulling the levers of circular economy is a strategic opportunity to strengthen the French wind industry

  9. From user-producer relations to the learning economy

    DEFF Research Database (Denmark)

    Johnson, Bjørn

    2011-01-01

    This paper deals with three issues. First, the conceptual and theoretical development in Lundvall’s writing from user–producer relations to the learning economy is discussed with a focus on his main contributions to innovation theory. Second, Lundvall’s description of the learning economy...... the learning economy is placed as a central concept in the quest for a general theory of innovation, which for many years has characterized Lundvall’s writings....... is extended in that it is argued that it is driven by its internal contradictions, and by the institutional responses to these contradictions. This approach is not in conflict with Lundvall’s views, but he has not pursued it and it may give new insights into the dynamics of the learning economy. Finally...

  10. Modern Portfolio Theory: Some Main Results

    OpenAIRE

    Müller, Heinz H.

    2017-01-01

    This article summarizes some main results in modern portfolio theory. First, the Markowitz approach is presented. Then the capital asset pricing model is derived and its empirical testability is discussed. Afterwards Neumann-Morgenstern utility theory is applied to the portfolio problem. Finally, it is shown how optimal risk allocation in an economy may lead to portfolio insurance

  11. Instrumentation of cars for fuel economy. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Morris, J E

    1982-04-01

    The development of an electronic system to control the air-fuel ratio (A/F) and ignition timing of an internal combustion engine to optimize fuel economy is described. Dynamometer and drive cycle testing of the system was performed. The results showed that a significant improvement in fuel economy can be achieved by a control system of the type developed. It is clear, however, that considerably more work needs to be done. One area mentioned is the need for more systematic fuel economy testing against speed and load as control parameters are varied for optimization, and a more economic air bypass system must be developed. (LCL)

  12. The impact of oil on the Scottish economy with particular reference to the Aberdeen economy

    International Nuclear Information System (INIS)

    Lloyd, M.G.; Newlands, D.A.

    1992-01-01

    The establishment of the North Sea oil industry over the last 20 years has had far reaching and dramatic effects upon the whole Scottish economy but especially upon those areas where oil related activity is geographically concentrated. This chapter discusses the impact of oil on the Scottish economy with particular reference to developments in the Aberdeen area. It is comprised of five main sections. The first outlines the way in which the oil industry has developed in Britain, noting that, despite rapid growth, there have been many lost opportunities. The impact of oil related developments in Scotland is discussed next before the focus narrows to the Aberdeen economy. The third section describes the familiar benefits of oil developments in Aberdeen while the fourth section analyses some of the less familiar costs. Finally, there is some discussion of the way in which the gains and losses of oil developments in Aberdeen have been distributed. (author)

  13. Forecasting of the incorporated energy in the final demand of the brazilian economy in 2005

    International Nuclear Information System (INIS)

    Cunha, Marcelo Pereira da; Pereira, Jose Tomaz Vieira

    2008-01-01

    This work presents the application of a methodology for evaluation of the primary energy incorporated by the productive sectors of a economy at the final demand - using of a income-product mode. A methodology is applied in the evaluation of the energy incorporated to 25 sectors of the brazilian economy, by using the the data available in the national counts (IBGE - 2007), and the National Energy Balance for the year 2005 (EPE - 2007). For each sector, the results are presented in terms of the primary energy incorporated (in petroleum equivalent tons per R$ 1,000), of the participation of renewable energy, and the total primary energy distribution for the offered products by the 25 sectors to be consumption by the final demand. Among some interesting results in terms of final demand, it is highlighted the presence of 96.5% of renewable primary energy for the sector of alcohol, and 5.3% for the sector of petroleum refining products sector. In terms of the total energy distribution,the petroleum refining and coke sector were the most significant contribution to the incorporation of primary energy, presenting 16.1% of the total ahead of foods and beverages which presents 12.1%. Related to the final demand components, families consumption was responsible by the 57.7% of the total, the exports with 25.3%, the gross capital formation (investments and stock variations) with 11.3%, and the govern consumption wit 5.7%

  14. The main provisions of the Lithuanian National Energy Strategy

    International Nuclear Information System (INIS)

    Miskinis, V.; Galinis, A.

    2006-01-01

    The aim of this paper is to set out findings from analysis of the Lithuanian economy and energy sector development and to discuss the main provisions of the draft of the updated National Energy Strategy. The paper presents a short description of tendencies in the Lithuanian economy and energy sector during transition to a free market economy. A significant reduction of final and primary energy intensity in Lithuania is confirmed by analysis based on data published in the recent national and international publications. Positive changes in the energy sector, favourable for implementation of market economy, are discussed. The methodology applied for analysis of the energy sector development and for preparation of the National Energy Strategy is presented. Strategic objectives of the Lithuanian energy sector, the measures to provide for a higher energy security and guidelines for the energy sector development are presented as well. The main provisions in the draft of the updated National Energy Strategy are established taking into consideration the obligations of Lithuania presented in the Treaty of Accession to the EU, the EU directives and other international documents. (author)

  15. Deregulation of the Nigerian economy: The theoretical milieu

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    Nureni Opeyemi Akintoye

    2014-01-01

    Full Text Available The deregulation of Nigerian economy was the main thrust of the Structural Adjustment Programme (SAP introduced in the country in 1986 under the leadership of General Ibrahim Babandiga (1958-1993. Prior to that period the Nigerian economy was almost a command one with wide range of government control. Indeed, the introduction of SAP was said to be a final solution to the economic crisis faced by the Country. Unfortunately, SAP was introduced yet, the economy became more crunched. During the General Abach's regime (1993­1998, SAP was suspended out rightly. When General Abdulsalami Abubakar (1998-1999 took over, he continued pursuing the privatization programme which is a synonym of deregulation of the economy with the promulgation of another privatization decree. The civilian government led by President Obasanjo which took over from 1999 made deregulation the core with vigour. It is basked on this development that this paper intends to unravel the theoretical paradigm under which the deregulation of Nigerian economy could be explained. This includes capitalism, imperialism, colonialism particularly the incorporation of Nigerian into international capitalist system.

  16. THE ROLE OF BUSINESS INSURANCE IN NATIONAL ECONOMY IN POLAND

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    Aldona Mrówczyńska-Kamińska

    2016-09-01

    Full Text Available The main aim of the study is to show the role of business insurance in the Polish national economy. The fi rst part presents an overview of the insurance market. In the second part the importance of insurance in the national economy is discussed, based on calculated penetration rates, insurance density, activity monitoring, coverage ratio and solvency ratio. Finally the density and penetration rates in Poland were compared with those in other EU countries. The primary research method was descriptive method and the basic indicators of the importance of insurance in the national economy. The main source materials were data from the Central Statistical Offi ce, the Polish Financial Supervision Authority and the Polish Insurance Association. This study covers the period 2006–2014. The study confi rmed a good standing of the Polish insurance market and the fact that it systematically reduces the distance that separates the Polish insurance market from the largest European markets.

  17. Human economy and natural economy

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    Masullo Andrea

    2014-03-01

    Full Text Available The decline of economy is due to its dependency from a virtual value, the currency, the coin, that in the recent phase of consumerism is so far from real value: human capital and natural capital. If human economy wants to continue to produce wellbeing, it must accept to be a subset of natural economy, intercept flux of matter produced by its circular mechanisms, put constraints in it, i.e. machines and structures, to direct it temporarily for our advantage, and finally release it to the same original flux, in an still usable state. In this way it will assume a function no more parasitic but symbiotic. It will be connected to natural cycles without destroying it, recovering the co-evolutionary link between nature and culture, building an economic web suited to the ecological web; thus we will have a mosaic characterised by biodiversity, technological diversity, and cultural diversity, able to produce a durable prosperity.

  18. THE UNDERGROUND ECONOMY,THE CORRUPTION . A WAY OF MANIFESTING THE FISCAL EVASION

    Directory of Open Access Journals (Sweden)

    Din Alina Valentina

    2012-12-01

    Full Text Available Fiscal evasion is mainly found within the underground economy, came to the specialists’ attention within the 1960s, moment in which it took a great extent. The main cause which leads to activities within the underground economy is represented by the increase of direct taxes, which has the largest influence, followed by the intensity of the regulations and the complexity of the fiscal system. The imposed taxes determine more and more countries to act within the underground economy, as long as there is not a proper offer of public goods and infrastructure. In his study, Vito Tanzi indicated as the main cause of the underground economy the level of taxes.(Tanzi,1983:11-15 He adds the instability of the legislative framework, legislative restrictions imposed within certain states, corruption and bureaucracy. Corruption and the activities specific to the underground economy are realities all the states confront with. Gathering information about the dimensions of corruption and the connection with the underground economy proves to be a task which is impossible to achieve, because all the people involved within these mechanisms prefer not to be identified. Even if the underground economy and corruption are considered as being twins, the questions which appear are: who needs them and who fights against them? Theoretically speaking, corruption and the underground economy can be complementary or substitutable.The anticorruption efforts have to focus on a real reform of the administrative system, whereas the citizen’s perception on corruption is mainly based on his personal experiences in direct connection with the state institutions. Both the public sector as well as the private sector should become more responsible, so that the public institutions to be able to carry out their obligations under integrity conditions and without external pressure or implication. Corruption attracts the economic agents to the underground economy, which leads

  19. Long-run sectoral development time series evidence for the German economy

    OpenAIRE

    Dietrich, Andreas; Krüger, Jens J.

    2008-01-01

    In economic development, long-run structural change among the three main sectors of an economy follows a typical pattern with the primary sector (agriculture, mining) first dominating, followed by the secondary sector (manufacturing) and finally by the tertiary sector (services) in terms of employment and value added. We reconsider the verbal theoretical work of Fourastié and build a simple model encompassing its main features, most notably the macroeconomic influences on the sectoral develop...

  20. Knowledge Based Economy Assessment

    OpenAIRE

    Madalina Cristina Tocan

    2012-01-01

    The importance of knowledge-based economy (KBE) in the XXI century is evident. In the article the reflection of knowledge on economy is analyzed. The main point is targeted to the analysis of characteristics of knowledge expression in economy and to the construction of structure of KBE expression. This allows understanding the mechanism of functioning of knowledge economy. The authors highlight the possibility to assess the penetration level of KBE which could manifest itself trough the exist...

  1. Green Economy, A Proposal to Safeguard the Life on the Planet

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    Oscar Eduardo Cabrera Venot

    2017-05-01

    Full Text Available Many organizations around the world dedicate their efforts to the presentation of plans and proposals for the conservation of the planet and its inhabitants based on the preservation of the environment, and specifically attacking the causes of global warming, inflicted by greenhouse effect. All these efforts are to be welcomed, the proposals become tangible facts and in the world population must be sensitized on their role as an individual in this scenario. But behind all this there are interests of economic order that significantly affect the economies of entire nations, and that is where the main obstacles to the implementation of conservation programs are presented. This essay, based on a literature review and analysis of literature sources, aims to show the main aspects to the author, should be considered in an eco-economy, a term introduced by Brown in 2006, or a green economy, for that some reflections on the present world economy are presented, then present some considerations on the variables that are stressing the planet on climate change and biological bases. Then some aspects of a new world economic order as to fuels, new materials, feeding the population, protection of forests and redesign of cities are considered. Finally, reflected on the stabilization of the world population, rules for restructuring the economy and acceleration of the transition process.

  2. Overview of Low-carbon Economy Research

    OpenAIRE

    Fu, Hui

    2010-01-01

    The paper has a detailed literature review in low-carbon economy research of academy circle in our country from three aspects that are conception and connotation of low-carbon economy, necessity and urgency of developing low-carbon economy and path choice of realizing low-carbon economy in our country. Low-carbon economy is the “green economy†that obtains the maximum output by discharging minimum greenhouse gases with the main characteristics of “three low and three high†that are low ...

  3. Materials in the economy; material flows, scarcity, and the environment

    Science.gov (United States)

    Wagner, Lorie A.

    2002-01-01

    The importance of materials to the economy of the United States is described, including the levels of consumption and uses of materials. The paths (or flows) that materials take from extraction, through processing, to consumer products, and then final disposition are illustrated. Scarcity and environmental issues as they relate to the flow of materials are discussed. Examples for the three main themes of the report (material flows, scarcity, and the environment) are presented.

  4. Constructing coincident indices of economic activity for the Latin American economy

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    João Victor Issler

    2013-03-01

    Full Text Available This paper has three main contributions. The first is to propose an individual coincident indicator for the following Latin American countries: Argentina, Brazil, Chile, Colombia and Mexico. In order to obtain similar series to those traditionally used in business-cycle research in constructing coincident indices (output, sales, income and employment we were forced to back-cast several individual country series which were not available in a long time-series span. The second contribution is to establish a chronology of recessions for these countries, covering the period from 1980 to 2012 on a monthly basis. Based on this chronology, the countries are compared in several respects. The final contribution is to propose an aggregate coincident indicator for the Latin American economy, which weights individual-country composite indices. Finally, this indicator is compared with the coincident indicator (The Conference Board - TCB of the U.S. economy. We find that the U.S. indicator Granger-causes the Latin American indicator in statistical tests

  5. Exploring the Sharing Economy

    DEFF Research Database (Denmark)

    Netter, Sarah

    Despite the growing interest on the part of proponents and opponents - ranging from business, civil society, media, to policy-makers alike - there is still limited knowledge about the working mechanisms of the sharing economy. The thesis is dedicated to explore this understudied phenomenon...... and to provide a more nuanced understanding of the micro- and macro-level tensions that characterize the sharing economy. This thesis consists of four research papers, each using different literature, methodology, and data sets. The first paper investigates how the sharing economy is diffused and is ‘talked......-level tensions experience by sharing platforms by looking at the case of mobile fashion reselling and swapping markets. The final paper combines the perspectives of different sharing economy stakeholders and outlines some of the micro and macro tensions arising in and influencing the organization of these multi...

  6. Corruption and the economy

    OpenAIRE

    Tanzi Vito

    2013-01-01

    This paper focuses on the economic and not on the political impact of corruption. Corruption delegitimizes the working of a market economy, as well as the outcomes of political processes. This paper highlights ways in which corruption, by distorting economic decisions and the working of the market economy, inevitably reduces a country’s rate of growth. The paper also discusses some of the channels through which corruption distorts various economic decisions. Finally, the paper reports o...

  7. Trust within Brazilian New Economy Organizations: an Empirical Investigation of Gender Effects Benchmarked on Brazilian Old Economy Organizations

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    Marco Tulio Zanini

    2009-07-01

    Full Text Available It has been suggested that one of the negative aspects of the New Economy has been growing organizational survival-risk both at the firm and the sector levels. This precarious positioning of the firm has profoundly changed the work environment resulting in the dissolution of job-definition-boundaries, thereby raising the intensity of work and finally affecting the level and nature of trust in the workplace. This is the starting point for our study. Using a questionnaire developed by Gillespie, we investigated gender profiles concerning trust in Supervisors, Peers, and Team in the New and the Old Economies for Brazilian managers. The results show that, for the New Economy, Brazilian women are more willing to give trust to Supervisors whereas Brazilian men expressed higher levels of trust when dealing with Team members. The Peer results are mixed. For the Old Economy, men uniformly express higher levels of trust compared to women over all three reference groups. Finally, for gender matched comparisons, those working in the Brazilian Old Economy firms express higher levels of trust compared to their counterparts in the New Economy independent of gender or time worked. We conclude by discussing the control implications of the above results.

  8. Revamping Nigerian Economy through Cassava Production

    African Journals Online (AJOL)

    Nneka Umera-Okeke

    2017-04-28

    The main kernel of this paper is on revamping Nigerian economy through cassava .... in his book Action Oriented Process of Indigenous Participatory Network (2000) .... https://www.reference.com/worldnew/national-economy on April 28, 2017.

  9. Theoretical aspects of appearing of bubbles in economy

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    Pronoza Pavlo V.

    2014-01-01

    Full Text Available The article considers theoretical aspects of appearing of bubbles in economy. It analyses vies of scientists regarding the essence of this phenomenon and, with the help of content analysis, specifies the essence of the bubble notion in economy. It considers main stages of appearance of such bubbles. It offers classification of their types. It analyses pre-requisites of appearance of bubbles in economy and their features. It considers main existing approaches to detection and modelling appearance of bubbles. It proves that bubbles negatively influence economy of the countries, that is why, the problem of their detection and prevention is one of the central problems in the process of development of policy of state regulation of economy.

  10. Barter Economies and Centralized Merchants

    OpenAIRE

    Jose Noguera

    2000-01-01

    The main goal of this essay is to analyze the emergence of a barter economy, and the rise of centralized merchants and a barter redistribution system out of a primitive barter system. The environment is a spatial general equilibrium model where exchange is costly. Since exchange becomes more complicated as the scope of the economy increases, we prove that, after the economy reaches a critical size, the cost of trade expansion surpasses its benefits. This imposes limitations on the scope of th...

  11. Grey economy, crisis and transition in Serbia

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    Novaković Nada G.

    2015-01-01

    Full Text Available In this article the author uses a sociological approach to the study of the gray economy in a society in transition, i.e. the Serbian society. A special emphasis is placed on the socio-economic development from 2007 to 2012. This is the time just before the onset of the global economic crisis, and its deepening and expansion. In Serbia, the privatization and transition of society had just terminated. The main thesis of this paper is that the main factors of the emergence and spread of the shadow economy are primarily of domestic origin. The world crisis gave them just a special stamp. The most important factors of gray economy are systemic in nature. These are the following: the inherent nature of the state transition, the selected and implemented concept of privatization and, finally, the character of Serbian political and economic elites. They form the core of the new capitalist class in Serbia, which is dependent on the international centers of financial, political and military power. The concept of the underground, gray economy refers to the following: unauthorized activities outside the law and norms of business, avoidance of tax and other obligations, bribery and corruption. The author emphasized the multidimensionality of the gray economy and attempted to interdisciplinary approach its study. Therefore, he used a large array of data: economic, demographic and historical. Special attention was paid to the results of sociological research on the structure of society, inequality, unemployment and poverty of citizens. The first part lists the most important systemic factors of growth of gray economy in Serbia. They are numerous, but the article focuses on the following: 1. the neo-liberal model of social transition; 2. the model of 'shock' privatization of the social assets; 3. the collapse of the welfare state and the dwindling of acquired economic and social rights; 4. the influence of the 'international community'; 5. the low activity and

  12. 75 FR 25323 - Light-Duty Vehicle Greenhouse Gas Emission Standards and Corporate Average Fuel Economy Standards...

    Science.gov (United States)

    2010-05-07

    ... Greenhouse Gas Emission Standards and Corporate Average Fuel Economy Standards; Final Rule #0;#0;Federal... Fuel Economy Standards; Final Rule AGENCY: Environmental Protection Agency (EPA) and National Highway... reduce greenhouse gas emissions and improve fuel economy. This joint Final Rule is consistent with the...

  13. The offshorization of economy: the present realities

    OpenAIRE

    Maslak Olga; Grishko Natalya; Hlazunova Olha; Vorobiova Kateryna

    2017-01-01

    In this article the essence and main types of offshore zones have been studied. It has been analyzed the main reasons for cooperation with the tax havens, established that the main reason of the Ukrainian economy offshorization is not only the desire of economic entities to optimize taxes, but also the desire to protect their assets from the negative impact of the crisis phenomena in the national economy during 2010-2016. The foreign experience of the anti-offshore regulation has been researc...

  14. Status rent in new developing economy

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    Aleksandrova Natal'ja

    2012-01-01

    Full Text Available The status rent and conditions of its appearance are characterized in new developing economy by the position of new political economy. The bases of the general theory of rent were laid by classicists of political economy (F. Cene, A. Smith, J. Anderson, J. Mill, T. Maltus, D. Ricardo, K. Marx. They differentiated the rare rent (natural, absolute rent and differential land rent. Neoclassicists widened the definition of rent understanding it as income from any productive factor not only from land. Mostly, investigators of rent keep to two main postulates. Firstly, it is over profit, the income of special kind connected with using of exclusive, limited or rare goods for some time. Secondly, the rent is owned by the owners of these goods. These statements belonging to the natural rent can be used for the analysis of others, unnatural kinds of rent. The status rent belongs here. Let us analyze the status rent from the position of new political economy. As old political economy the new one also has its object - economic relations in the society and it call for the opening of deep, important processes of economic life. But by contrast with old political economy the new one, firstly, is based on other methodology (institutional economy, the theory of social choice, system approach; secondly, it studies economic relations not as static (the position of different classes, but as dynamic in economic behavior; thirdly, it is not confrontational: economic relations are understood not as antagonistic with non-avoidance of social cataclysm but as conflict-compromising; fourthly, it operates not only with social aggregates (class, country, social group, but it is also directed to a person, his/her freedom of choice in economic behavior; and, finally, fifthly, it overcomes the past careful marking out of other sciences, and, on the contrary, strives for an interdisciplinary approach in the stream of modern institutionalism including the problems of sociology

  15. INSTITUTIONAL APPROACHES OF MODERN SOCIO-ECOLOGO-ECONOMIC FORMS OF ECONOMY IN AGRARIAN SECTOR OF ECONOMY OF UKRAINE

    Directory of Open Access Journals (Sweden)

    O. Pimenova

    2014-09-01

    Full Text Available Main problems of agrarian sector of economy of Ukraine are revealed. Main directions of development of agriculture of Ukraine are determined. The necessity of socio-ecologo-economic agrarian sector is proved. Tendencies of institutionalization of forms of economy in a system of agrarian relationship were investigated. The necessity of creation of effective system of institutions with an aim of functioning effective and rational forms of economy in agrarian sector of Ukraine, which could provide a balancing of economic, social and ecologic spheres, is confirmed. In the paper is proved the necessity of creation and function of social-ecologo-economic model of agriculture development, where a social-ecologo-economic development is characterized like economic development of rural territories, rural employment in agriculture, the efficiency of employment, ecologo-safe production focused on human needs and etc., on the one side and on the other side is a significant role of rural social capital. Based on the analysis of scientific literature, it's confirmed that development socio-ecologo-economical forms of economy are accompanied with modification of the institutional structure of regulation of agriculture. It's proved that the functioning of effective forms of economy promotes the competitiveness of the agricultural sector of the national economy.

  16. My 2030s. Citizens about the Biobased Economy; My 2030s. Burgers over de Biobased Economy

    Energy Technology Data Exchange (ETDEWEB)

    Van den Berg, N.; Hulshof, M.; Van der Veen, M.

    2013-02-15

    My 2030s is the first qualitative study of the needs and concerns of citizens about the Biobased Economy, an economy in which fossil fuels are largely substituted by vegetable alternatives. This final report describes the reason and purpose of My 2030s, the course of the public debates and the results of research into ideas of citizens on the Biobased Economy The report concludes with recommendations on how the stakeholders can actively involve citizens in one of the major transitions of the next century [Dutch] My 2030s is het eerste kwalitatieve onderzoek naar de wensen en zorgen van burgers over de Biobased Economy, een economie waarin fossiele grondstoffen grotendeels zijn vervangen door plantaardige alternatieven. Dit eindrapport beschrijft de aanleiding en opzet van My 2030s, het verloop van de publieksdebatten en de resultaten van het onderzoek naar denkbeelden van burgers over de Biobased Economy. Het rapport eindigt met aanbevelingen over hoe de stakeholders burgers actief kunnen betrekken bij een van de belangrijkste transities van de komende eeuw.

  17. Signs of political economy

    Directory of Open Access Journals (Sweden)

    Bernard Lamizet

    2015-12-01

    Full Text Available Like any political system, economy is a system of signs and representations. The Semiotics of economy elaborates its analytical methods to interpret such signs, which give meaning to the economy by representing its performances in public debate and in the media. Four major features distinguish the Semiotics of political economy from other semiotic forms or other systems of information and political representation. First of all, the relationship between the signification of the economy and the real or the imaginary phenomena to which they refer always pertains to the order of values. The second characteristic of economic signs is the significance of the state of lack they express. The third characteristic of signs of the economy is the form of sign production, which can be designated by the concept of emission of signs and their diffusion. Finally, as all signs, the economic sign is arbitrary. In the field of Economics, such arbitrariness does not imply that the Subject is free to superimpose whatever value to the signs themselves, but refers to the rupture between the world and its possible transformation. The very meaning of the word economy is here at stake. Oikos, in Greek (the term from which the word economy is derived refers to a known, familiar space. Economy transforms the real, natural world into a symbolic social world, into a world of relations with others whom we recognise and whose actions are relatively predictable. It might be useful to consider the contemporary issue of debt, its implications and its multiple meanings, which includes both the ethical and moral dimension of the condemnation of debt as well as the imaginary political dimension based on the expression of an idea of independence.

  18. Business cycle development in Czech and Slovak economies

    Directory of Open Access Journals (Sweden)

    Poměnková, J.

    2010-12-01

    Full Text Available This paper focuses on the business cycle development of Czech and Slovak economies. The main objective is to compare several methodological approaches to identify business cycles with the main theoretical sources of the economic activity movements in the analyzed periods. As both economies are of transition type, the growth business cycle concept will be considered. In this respect, deterministic as well as stochastic methods for obtaining cyclical fluctuations are applied. Czech and Slovak economies fall into the group of transition economies where the problems of insufficient number of observations and structural changes in empirical time series analysis occur. Even if there are many similarities in the institutions of both economies, the authors identified different regular periodicities of the waves. The used frequency analysis is a slightly unique approach of business cycle modeling. The analysis of business cycle movements has significant potential to improve economic policy efficiency.

  19. The Impact of Religious Tourism on Nepalese Economy

    OpenAIRE

    Pandey, Ramesh

    2016-01-01

    Religious tourism is one of the main contributors to the Nepalese tourism industry. It has not only generated thousands of jobs but also has been one of the main media to promote Nepalese culture, lifestyle and traditions. At the same time, it has grown as a strong contributor to the Nepalese economy. The main aim of this thesis was to point out the impact of religious tourism on the Nepalese economy, to find out the main factors affecting religious tourism and to get views of people about th...

  20. The Theoretical Foundations of Structural Changes in Economy

    Directory of Open Access Journals (Sweden)

    Khaustova Viktoriia Ye.

    2017-12-01

    Full Text Available The article is aimed at defining the theoretical foundations of structural changes in economy. It has been proved that structural policy of the State is one of the main directions influencing the structure of economy, balancing its proportions, and ensuring progressive development. The components of structural policy have been defined. Genesis of scientific directions of researching the structure of economy was considered. The interpretation of the concept of «structure of economy» in the works of scientists was studied. The classification of particular structures of the national industrial complex was considered. It has been proved that the main role in the analysis of structural changes should be given to the structure of economy (of industrial complex, according to the types of economic activity. The interpretations of the concepts of «structural transformations», «structural shifts», «structural changes», «structural crisis» in the economy have been clarified. The functions of structural crises have been considered. The dynamics of changes in structural shifts were researched. The classification of structural shifts in the economy was considered. An interpretation of progressive structural changes has been suggested.

  1. Initial mandate concerning the problem of fluctuating gasoline prices and their effect on the Quebec economy : Final report

    International Nuclear Information System (INIS)

    Guillot, R.; Ford, N. ed.

    2002-06-01

    Over a three-year period covering May 1998 to May 2001, the average price of gasoline in Quebec slowly increased from 57.1 cent per litre to 82.6 cent per litre. This 45 per cent increase in the price of gasoline worried consumers and had an effect on commercial and industrial operations throughout the province. This situation prompted the Commission de l'economie et du travail (Commission on Labour and the Economy) to initiate a mandate to examine the problem. In October 2001, experts representing energy and taxation sectors were consulted and presentations made by 17 people and organizations. The Ministre des Ressources Naturelles (Minister of Natural Resources) and the President de la Regie de l'Energie were heard in a public consultation forum. In the first part of the document, the authors explained the mechanism by which the price of gasoline and its various components are determined, identified the elements responsible for the increases in prices, and compare the prices in the different parts of the province. In part two, the responsibilities and powers of the Ministry of Natural Resources and the Regie de l'Energie with regard to petroleum products were examined. Part three described the opinions expressed and proposed recommendations obtained during the public consultation process and they were grouped under four headings: taxation, competition, consumer information, and energy savings. The final part of the document presented the recommendations of the Commission on Labour and the Economy. 15 refs., 5 tabs

  2. 40 CFR 85.1510 - Maintenance instructions, warranties, emission labeling and fuel economy requirements.

    Science.gov (United States)

    2010-07-01

    ..., emission labeling and fuel economy requirements. 85.1510 Section 85.1510 Protection of Environment..., warranties, emission labeling and fuel economy requirements. The provisions of this section are applicable to... for final admission. (d) Fuel economy labeling. (1) The certificate holder shall affix a fuel economy...

  3. The circular economy applied to local communities

    NARCIS (Netherlands)

    van der Blonk, Heico; van Spijk, Alex; van der Schoor, Tineke

    2015-01-01

    Based on a theoretical discussion the main difference between models of lineair economy and circular economy are elaborated; (1) Elimination of waste is essential the circulation of circular flows and reclamation of (raw) materials; this requires mechanisms for the return of obsolete materials. (2)

  4. The Social Economy Enterprises in Romania

    Directory of Open Access Journals (Sweden)

    Chelariu Gabriel

    2017-01-01

    Full Text Available The social economy plays an important role at every country and globally. It provides an economic development alternative based on ethical principles - solidarity, democracy, professional and personal development, functioning according to the market economy and independent of the state. The European Parliament attaches great importance to the social economy; through the adoption of a resolution on the social economy, the parliamentarians had in mind both the recognition of organizations in this sector and the promotion of a new economic model centered on social needs. In the context of the social economy, social enterprises are considered to promote innovative behavior in creating new forms of organization and new services, relying on a diverse mix of resources. Social enterprises receive income mainly from commercial activities and less as a result of public funding.

  5. Assessment of Concentration in the Economy of Ukraine

    Directory of Open Access Journals (Sweden)

    Khaustova Viktoriia Ye.

    2017-09-01

    Full Text Available The article is dedicated to the generalization of theoretical aspects of economic concentration and assessment of concentration in Ukraine’s economy. It is proved that in the world there is a stable trend towards the spread of concentration processes both at the level of economies in general and individual industries and business entities, and it occurs predominantly within TNCs. The main stages of the development of TNCs are considered, and it is shown that modern TNCs are large corporations that are the main players in the market. The genesis of the theory of concentration in economy is considered. The views of scientists on the interpretation of the concept “concentration” are studied. It is proved that it is used in different meanings and with respect to different levels of economy and objects of consideration, and there is a wide diversity of basic criteria that determine the essential signs of this concept. The interpretation of the concept “concentration of the country’s economy” is proposed. The existing approaches to assessment of concentration in economy are analyzed. The trends in the development of concentration processes in Ukraine’s economy and the factors that are determined by them are analyzed. There investigated the distribution of industries of Ukraine’s economy in terms of net income of the largest corporations, dynamics of net income of the largest corporations, dynamics of distribution of industries of Ukraine’s economy in terms of profits of large companies, dynamics of net profit of the largest corporations of the top 10 industries of Ukraine’s economy, dynamics of the GDP of Ukraine and main indicators of the largest national corporations. The concentration of Ukraine’s economy is assessed, and it is determined that the most highly concentrated spheres are production of electronics and computers, the automotive industry, media, production of personal goods and software, provision of business

  6. Historical Improvement in Speed Skating Economy.

    Science.gov (United States)

    Noordhof, Dionne A; van Tok, Elmy; Joosten, Florentine S J G M; Hettinga, Florentina J; Hoozemans, Marco J M; Foster, Carl; de Koning, Jos J

    2017-02-01

    Half the improvement in 1500-m speed-skating world records can be explained by technological innovations and the other half by athletic improvement. It is hypothesized that improved skating economy is accountable for much of the athletic improvement. To determine skating economy in contemporary athletes and to evaluate the change in economy over the years. Contemporary skaters of the Dutch national junior team (n = 8) skated 3 bouts of 6 laps at submaximal velocity, from which skating economy was calculated (in mL O 2 ・ kg -1 ・ km -1 ). A literature search provided historic data on skating velocity and submaximal V̇O 2 (in mL ・ kg -1 ・ min -1 ), from which skating economy was determined. The association between year and skating economy was determined using linear-regression analysis. Correcting the change in economy for technological innovations resulted in an estimate of the association between year and economy due to athletic improvement. A mean (± SD) skating economy of 73.4 ± 6.4 mL O 2 ・ kg -1 ・ km -1 was found in contemporary athletes. Skating economy improved significantly over the historical time frame (-0.57 mL O 2 ・ kg -1 ・ km -1 ・ y -1 , 95% confidence interval [-0.84, -0.31]). In the final regression model for the klapskate era, with altitude as confounder, skating economy improved with a nonsignificant -0.58 mL O 2 ・ kg -1 ・ km -1 ・ y -1 ([-1.19, 0.035]). Skating economy was 73.4 ± 6.4 mL O 2 ・ kg -1 ・ km -1 in contemporary athletes and improved over the past ~50 y. The association between year and skating economy due to athletic improvement, for the klapskate era, approached significance, suggesting a possible improvement in economy over these years.

  7. Trans-nationalisation Processes in the Ukrainian Economy

    Directory of Open Access Journals (Sweden)

    Bolharova Natalya K.

    2013-12-01

    Full Text Available The article considers main processes of trans-nationalisation of Ukrainian economy, identifies specific features of trans-national production and explains some theoretical aspects of these issues. It provides main stages of theoretical comprehension of activity of trans-national corporations (TNC, specific features of the theory of competitive advantages of TNC and specifies the basic ones of them. The article conducts analysis of flows of direct foreign investments into the Ukrainian economy. It shows distribution of direct foreign investments into Ukraine by main countries-investors, regions-recipients and types of economic activity. It conducts review and analysis of the modern state of trans-national corporations of foreign origin in the Ukrainian market. It considers functioning of domestic TNC in Ukraine and main tendencies of entering of Ukrainian companies into the world environment and also identifies directions of further development of these phenomena. Prospects of further studies in this direction are identification of the degree of trans-nationalisation processes in the Ukrainian economy and identification of the positive effect, in particular, synergy from integration and globalisation.

  8. A Mathematical Model of an Open Economy with Applications in Romania

    Directory of Open Access Journals (Sweden)

    Catalin Angelo Ioan

    2013-10-01

    Full Text Available In this paper, we first study the static equilibrium of a a closed economy model in terms of dependence on national income and interest rate from the main factors namely the marginal propensity to consume, tax rate, investment rate and the rate of currency demand. In the second part, we study the dynamic equilibrium solutions in terms of stability. We thus obtain the variation functions of national income and interest rate variation and their limit values. Finally, we propose two scenarios of economic development of Romania.

  9. Political economy of energy in Europe. Forces of integration and fragmentation

    Energy Technology Data Exchange (ETDEWEB)

    Fermann, Gunnar (ed.)

    2009-07-01

    The political economy of energy in Europe is defined by a large majority of states being heavily dependent upon the import of energy from a limited number of energy-producing countries located mainly outside Europe or the EU, and the relative failure of the EU to develop strong common energy policies capable of effectively counteracting the sensitivities and vulnerabilities arising from oil and gas import dependence. The eleven contributions to the Political Economy of Energy in Europe investigate unique research questions, engage in different lines of reasoning, and apply diverse sets of data fitting their particular purposes. However, the chapters of the present anthology share several common denominators defining the volume as a coherent whole: First, energy is part of the fabric of modern society and thus qualifies as a political issue of the first order. Second, political and economical aspects of the European energy condition need to be analysed in conjunction. Finally, issues of energy security need to be addressed at different levels and from several angles in order to better understand the interaction between the contradictory dynamics of integration and fragmentation pervading the political economy of energy in Europe. This volume elaborates on several lectures given at the conference ''Political Economy of Energy in Europe'', October 12-13, 2007, arranged by E.ON Ruhrgas scholarship program for Political Science at Oslo Militaere Samfund, Norway. (orig.)

  10. Competitiveness in tourism economies of the APEC

    Directory of Open Access Journals (Sweden)

    Reyna María Ibáñez Pérez

    2015-08-01

    Full Text Available It is estimated that by 2030 the influx of tourists worldwide scope 1. 7 billion people. For such figures become a reality, timely in formation that can be taken as a reference for the generation of strategies aimed at harnessing the tourism potential of the various destinations in the world is required, plus a coordinated work between different economies, blocks and organizations. Here, in this article, an overview of the situation and development of tourism competitiveness of nations that make up the Forum Asia Pacific Economic Cooperation (APEC is provided. The methodology consisted of review of specialized search and sta tistical information influx, income and tourism competitiveness globally and literature APEC member country. The main results indicate that globally between 2010 and 2013, APEC countries experienced an increase in tourism revenues of 25%, a figure that exceeds global trends. In 2013, the level of tourism competitiveness presented by APEC, ranged between 6 and 82 position globally and only 53% of the 19 APEC economies that were evaluated by the World Economic Forum (WEF, improved their level of competitiveness. In relation to the regulatory framework linked to tourism, nations like Peru, Brunei and Russia reached the lowest ratings of the block thus have enormous work to do to improve your score in this category. In business environment and infrastructure, highlighted America. While in human and cultural resources, proved to be the issue in which APEC economies outperformed. Finally, results for APEC economies, evidence that critical areas are those concerning regulation and policies; and particularly sustainability issue, which can become a bottleneck in terms of competitiveness in the area of APEC therefore must strengthen and design better strategies for joint efforts in relation to such matters.

  11. Economy wide emission impacts of carbon and energy tax in electricity supply industry: A case study on Sri Lanka

    International Nuclear Information System (INIS)

    Siriwardena, K.; Wijayatunga, P.D.C.; Fernando, W.J.L.S.; Shrestha, R.M.; Attalage, R.A.

    2007-01-01

    This paper presents the results and analysis of a study conducted with the objective of investigating the impact on economy wide emissions due to carbon and energy taxes levied within the electricity generation sector of Sri Lanka. This exercise is mainly based on the input-output table developed by the national planning department. An input-output decomposition technique is used to analyze four types of effects that contribute to the overall reduction in equivalent carbon, NO x and SO 2 emissions. These four effects are: fuel mix effect (i.e. the change in emissions due to variation I fuel mix), structural effect (i.e. change in emissions due to changes in technological coefficients with taxes compared to that without taxes), final demand effect (i.e. the change in emissions associated with changes in final demand) and joint effect (i.e. the interactive effect between or among the fuel mix, structural and final demand effects). The polluting fuel sources and low energy efficiency generation technologies are less preferred under these tax regimes. Of the four effects, a change in fuel mix in thermal electricity generation and a change final demand for electricity were found to be the main contributors in achieving economy wide emission reductions. It was found in the analysis that a minimum of US$ 50/tC tax or US$ 1.0/MBtu of energy tax is required to have a significant impact on economy wide emissions in the Sri Lankan context. This translates into an overall increase in electricity generation cost of approximately USCts 0.9 kW -1 h -1 and USCts 0.6 kW -1 h -1 under the carbon and energy tax regimes, respectively. The reduction in emissions is also strongly coupled with the value of the price elasticity of electricity

  12. Corruption and the economy

    Directory of Open Access Journals (Sweden)

    Tanzi Vito

    2013-01-01

    Full Text Available This paper focuses on the economic and not on the political impact of corruption. Corruption delegitimizes the working of a market economy, as well as the outcomes of political processes. This paper highlights ways in which corruption, by distorting economic decisions and the working of the market economy, inevitably reduces a country’s rate of growth. The paper also discusses some of the channels through which corruption distorts various economic decisions. Finally, the paper reports on some actions that have been taken by countries in their attempt to reduce corruption stressing that the fight against corruption cannot rely on a magic bullet but has to be fought on many fronts.

  13. Russian Economic Report, No. 28, Autumn 2012 : Reinvigorating the Economy

    OpenAIRE

    World Bank

    2012-01-01

    Early in the year, as the global economy was slowing and the euro area entered a recession, Russia's economy held steady. But now, as 2012 is entering its final quarter, growth is slowing. Just at a time when Russia's output levels have exceeded the pre-crisis peak, the economy is settling onto a lower trajectory, even though oil prices have stayed high. But let us start with the strong po...

  14. Growing a green economy in China

    Science.gov (United States)

    Weng, Qingqing; Xu, He; Ji, Yijun

    2018-02-01

    With the rapid development of economy, resource depletion and environmental degradation have become serious challenges for Chinese sustainable development. Green development is a mode of well environmental and high-quality economic development. It is necessary for China to implement green development. In this review, it discusses the green development problems in China, the international experience and connotation of green development are summarized and identified further. Based on the connotation and experience of green economy development, it puts forward several countermeasures and suggestions for Chinese green development finally.

  15. The symbolic economy of drugs.

    Science.gov (United States)

    Lentacker, Antoine

    2016-02-01

    This essay reviews four recent studies representing a new direction in the history of pharmaceuticals and pharmaceutical science. To this end, it introduces the notion of a symbolic economy of drugs, defined as the production, circulation, and reception of signs that convey information about drugs and establish trust in them. Each of the studies under review focuses on one key signifier in this symbolic economy, namely the brand, the patent, the clinical trial, and the drug itself. Drawing on Pierre Bourdieu's theory of the economy of symbolic goods, I conceptualize these signifiers as symbolic assets, that is, as instruments of communication and credit, delivering knowledge, carrying value, and producing authority. The notion of a symbolic economy is offered with a threefold intention. First, I introduce it in order to highlight the implications of historical and anthropological work for a broader theory of the economy of drugs, thus suggesting a language for interdisciplinary conversations in the study of pharmaceuticals. Second, I deploy it in an attempt to emphasize the contributions of the recent scholarship on drugs to a critical understanding of our own contemporary ways of organizing access to drugs and information about drugs. Finally, I suggest ways in which it might be of use to scholars of other commodities and technologies.

  16. Employment and Work Motivation in the Information Economy: Transformation and Interrelation

    OpenAIRE

    Azmuk Nadiya A.

    2017-01-01

    The aim of the article is to study and systematize the trends in the transformation of employment and work motivation in the information economy. As a result of the study, the main trends in the transformation of employment in the information economy are identified. The interrelation between the transformation of employment and work motivation is substantiated. A comparative analysis of the main elements of the motivational model in the traditional and information economy is carried out. A ne...

  17. A product design framework for a circular economy

    NARCIS (Netherlands)

    Van den Berg, M.R.; Bakker, C.A.

    2015-01-01

    The paper provides a circular economy framework from a product design perspective with tools to aid product designers in applying circular product design in practice. Design research for circular economy has so far mainly been limited to referring to existing fields of research such as design for

  18. Analysis of economy characteristics and improvement ways for China nuclear power

    International Nuclear Information System (INIS)

    Li Yong

    2010-01-01

    For the nuclear power industry, due to characteristics of its own, its economy is quite different from that of the traditional fossil-fuel power. This paper studied the basic characteristics of the nuclear power economy and the status of economy of domestic nuclear power, and analyzed the main ways to improve the nuclear power economy. (authors)

  19. Industrial Foundations in the Danish Economy

    DEFF Research Database (Denmark)

    Thomsen, Steen

    Industrial Foundations (foundations that own business companies) are found around the world e.g in Northern Europe, Germany, the US and India, but nowhere do they appear to be as economically important as in Denmark. In this paper we review their share of the Danish economy. We find that foundation......-owned companies account for 5-10% of the Danish economy depending on measurement. However, they constitute the bulk of Danish stock market capitalization and R&D expenditure, and they also contribute disproportionally to international business activity. Finally the industrial foundations make charitable donations...

  20. Main-coolant-pump shaft-seal guidelines. Volume 3. Specification guidelines. Final report

    International Nuclear Information System (INIS)

    Fair, C.E.; Greer, A.O.

    1983-03-01

    This report presents a set of guidelines and criteria to aid in the generation of procurement specifications for Main Coolant Pump Shaft Seals. The noted guidelines are developed from EPRI sponsored nuclear power plant seal operating experience studies, a review of pump and shaft seal literature and discussions with pump and seal designers. This report is preliminary in nature and could be expanded and finalized subsequent to completion of further design, test and evaluation efforts

  1. PRECONDITIONS AND DETERMINING CAUSES OF THE SHADOW ECONOMY IN UKRAINE

    Directory of Open Access Journals (Sweden)

    Z. Varnalii

    2014-03-01

    Full Text Available The article analyzes the main processes that led to the high level of the economy shadowing. The historical aspects of the formation of the shadow economy in Ukraine are highlighted. The socio-economic aspects of the shadow economy of Ukraine causality are discussed. The theoretical contribution of foreign and domestic researchers on the preconditions of formation of the shadow economy in transition economies is studied. Theoretical perspective on the factors of the shadowing processes in the economy of Ukraine from the standpoint of modern scientific researches is analyzed. The paper also provides scientific vectors for further development of researches aimed at studying the causes and preconditions of the shadow economy.

  2. Collaborative Economy in Tourism in Latin America

    DEFF Research Database (Denmark)

    Clausen, Helene Balslev; Velázquez, Mario

    2017-01-01

    This chapter addresses how fundamentally different rationales and structures underpin the collaborative phenomena in four different Latin American countries arguing that for centuries a range of economic, sociopolitical and cultural practices have been intimately linked to what Western societies...... have named the collaborative economy. Acknowledging the importance of Web 2.0, we will discuss how the digital technologies have brought about new collaborative consumption patterns and finally, we will address the question of whether the technology-induced collaborative economy can create new economic...

  3. RELEVANT PROBLEMS OF UKRAINE’S INTEGRATION INTO GLOBAL ECONOMY

    Directory of Open Access Journals (Sweden)

    Yevheniia Duliba

    2017-12-01

    Full Text Available The purpose of this research is to study the main problems that prevent Ukraine from integrating into the global economy and to determine correct focuses of the foreign economic policy of Ukraine against the background of strengthening of globalization tendencies throughout the world. The bases of this research are bases of business development of the foreign economic policy of Ukraine and improvement of Ukrainian economy against the background of international integration. At the heart of the research methodology is a dialectical method of scientific knowledge and, besides, special methods of research based on modern scientific bases of economic, management and related to them knowledge: economic and statistic method – for the assessment of the modern state of foreign trade and investment activity of Ukraine; method of analysis and synthesis – for the determination of tendencies of development of integration processed in Ukraine; comparative analysis – for comparison of information concerning development of specific indicators of foreign economic activities in Ukraine. Results. As a result of research, the main blocks of problems, which impede the integration of Ukraine into the global economy, and requirements for their complex solution are determined. Besides, interdependence and interdetermination of problems, which impede the integration of Ukraine into the global economy, and requirements for their complex solution are explained. Political and legal, economic, sociocultural, and infrastructural preconditions that are necessary for effective integration of Ukraine into the global economy are highlighted. Practical implications. Analysis of the existing problems related to the actual economy, investments, innovation processes gives the possibility to determine the vector of development of Ukraine’s economy taking to account recommendations concerning its improvement for the purposes of integration into global economy. Value

  4. GDP and efficiency of Russian economy

    Science.gov (United States)

    Borodachev, Sergey M.

    2018-01-01

    The goal is to study GDP (gross domestic product) as an unobservable characteristic of the Russian national economy state on the basis of more reliable observed data on gross output (systems output) and final consumption (systems control). To do this, the dynamic Leontief model is presented in a system-like form and its parameters and GDP dynamics are estimated by the Kalman filter (KF). We consider that all previous year's investments affect the growth of the gross output by the next year. The weights of these investments in the sum are equal to unity and decrease in geometric progression. The estimation of the model parameters was carried out by the maximum likelihood method. The original data on the gross output and final consumption in the period from 1995 to 2015 years where taken from the Rosstat website, where maximally aggregated economy of Russia is reflected in the system of national accounts. The growth of direct costs and capital expenditures at gross output increase has been discovered, which indicates the extensive character of the development of the economy. Investments are being absorbed 2 - 4 years; any change of them causes a surge of commissioned fixed assets fluctuation with a period of 2 years. Then these parameter values were used in the KF to estimate the states of the system. The emerging tendency of the transition of GDP growth to its fall means that the rate of growth of final consumption is higher than the rate of GDP growth. In general, the behavior of the curve of Rosstat GDP obviously follows the declared investments, whereas in the present calculation it is closer to the behavior of final consumption. Estimated GDP and investments that really increased it were significantly less after the crisis of 2008-2009 years than officially published data.

  5. Political economy of love: nurturance gap, disembedded economy and freedom constraints within neoliberal capitalism

    Directory of Open Access Journals (Sweden)

    O’Hara Phillip Anthony

    2014-01-01

    Full Text Available This article critically evaluates the forms of love capital being accumulated by people in capitalist economies, through the lens of some of the core general principles of heterodox political economy (HPE. We start by situating love historically in the neoliberal culture and then examine the six main love styles as well as the five critical factors through the process of circular and cumulative causation. We then scrutinise the contradictions of neoliberal capitalism involving the nurturance gap, disembedded economy and freedom constraint which inhibit the generation of holistic love capital. The path dependent nature of love is then linked to relational phases and instabilities, especially involving serial monogamy in the United States. Some of the core principles of HPE provide a vantage point for scrutinising the problems involved in stimulating holistic love capital in the contemporary environment.

  6. Main Coast Winds - Final Scientific Report

    Energy Technology Data Exchange (ETDEWEB)

    Jason Huckaby; Harley Lee

    2006-03-15

    The Maine Coast Wind Project was developed to investigate the cost-effectiveness of small, distributed wind systems on coastal sites in Maine. The restructuring of Maine's electric grid to support net metering allowed for the installation of small wind installations across the state (up to 100kW). The study performed adds insight to the difficulties of developing cost-effective distributed systems in coastal environments. The technical hurdles encountered with the chosen wind turbine, combined with the lower than expected wind speeds, did not provide a cost-effective return to make a distributed wind program economically feasible. While the turbine was accepted within the community, the low availability has been a negative.

  7. Political Economy: Success or Failure?

    Directory of Open Access Journals (Sweden)

    Bruno S. Frey

    2012-09-01

    Full Text Available The Political Economy and Public Choice approaches have promoted the study of interactions between the economy and the polity for over 60 years now. The present paper endeavours to provide a critical discussion of this literature and its achievements. In particular, it begins with the different approaches based on empirically tested or politometric models and it then proceeds to discuss different studies of the effects that particular rules of the game have on politico-economic outcomes. The third section of the paper will address studies that take institutions to be endogenous and aims to explain why particular institutions emerge. Finally, the question of whether Political Economy has been a success or a failure will be tackled. While the success in terms of the position it has gained in economic research and teaching is undeniable, a look at one of the most thriving recent areas of economics, happiness research, will reveal that some of its fundamental lessons are all too often disregarded.

  8. Knowledge based economy in European Union

    Directory of Open Access Journals (Sweden)

    Ecaterina Stănculescu

    2012-04-01

    Full Text Available Nowadays we assist at a fundamental change from the economy based mainly on resources to the one based mostly on knowledge. The concept has been launched in the last decade of the past century. The knowledge became a production agent and a value creation instrument for whatever country and of course for an entire community like European Union which is constantly concerned by its development and competitiveness. This paper presents the principal characteristics of the present EU preoccupations with the expansion of a knowledge based economy through the 2020 European Development Strategy for smart, sustainable and inclusive economy, and especially for the Framework Programs (Framework Programme 7 and Competitiveness and Innovation Framework Programme.

  9. The Impact of MRA in the IT sector on the Korean Economy

    Directory of Open Access Journals (Sweden)

    Wankeun Oh

    2005-12-01

    Full Text Available In this paper, using partial equilibrium models and input-output analyses, we estimate the effects of MRA in the IT sector on the net exports of Korea as well as on the Korean macro economy in the aspects of production, value-added and employment. It is noted that there are significant increases in both net exports and national income, which is mainly made possible by decreases in certification costs and testing costs and hence by final product prices. We show that the MRA with U.S. and/or China has much larger effects on the Korean economy than the MRA with Japan. Among various IT sub-sectors of Korea, the mobile handset industry sector is found out to be the largest beneficiary of MRA. These results make sense in two reasons: U.S. and China are the largest two trade partners of Korea in the IT sector; the mobile handset sector is the largest contributor of exports in Korea.

  10. Hegemony and Stability of the International Economy

    Directory of Open Access Journals (Sweden)

    Gheorghe Gruia

    2006-07-01

    Full Text Available This paper evaluates the relationship between hegemony and the stability of the world economy in a time in history when the hegemony of the United States is more and more questioned. The theory of hegemonic stability - firstly launched by Charles Kindleberger and further developed by Robert Gilpin, Stephen Krasner and Robert Keohane, states that for an international system of trade and finance to function smoothly there must be a hegemon. According to Keohane, a hegemon is a state that possesses the following characteristics: the ability to create, enforce and maintain international norms; the will to do it; and the decisive domination in the economic, technological and military fields. During the last two centuries the world experienced the hegemony of two powers: Great Britain and the United States, with their good and bad features. These two hegemonies – when exercised, demonstrated the relationship between hegemony and the stability of the world economy. Now, at the beginning of a new century, the hegemony of the United States seems to be questioned and a future posthegemonic world system is still under theoretical debate. In this situation is it wise for the world politicians to hurry the dethroning of the hegemon? This paper argues for the strengthening of the cooperation - mainly between the United States and the European Union, and for the responsible action of all the states in order to make a smooth and orderly transition to a new world system. The lack of cooperation could lead to disorders, to the revival of the protectionist attitude of the United States, and finally to a worsening of the world economy.

  11. Our Lunar Destiny: Creating a Lunar Economy

    Science.gov (United States)

    Rohwer, Christopher J.

    2000-01-01

    "Our Lunar Destiny: Creating a Lunar Economy" supports a vision of people moving freely and economically between the earth and the Moon in an expansive space and lunar economy. It makes the economic case for the creation of a lunar space economy and projects the business plan that will make the venture an economic success. In addition, this paper argues that this vision can be created and sustained only by private enterprise and the legal right of private property in space and on the Moon. Finally, this paper advocates the use of lunar land grants as the key to unleashing the needed capital and the economic power of private enterprise in the creation of a 21st century lunar space economy. It is clear that the history of our United States economic system proves the value of private property rights in the creation of any new economy. It also teaches us that the successful development of new frontiers-those that provide economic opportunity for freedom-loving people-are frontiers that encourage, respect and protect the possession of private property and the fruits of labor and industry. Any new 21st century space and lunar economy should therefore be founded on this same principle.

  12. Transition to a green economy – a challenge and a solution for the world economy in multiple crisis context

    Directory of Open Access Journals (Sweden)

    Alina-Mihaela BABONEA

    2012-10-01

    Full Text Available The concept of "Green Economy" is heavily debated recently because it is considered to be essential for the future global economy. This concept aims to find practical solutions that can be applied in international affairs regarding the environment development as a result of the massive problems caused by multiple crises that are no longer solvable. However, the international community is looking for long-term alternatives to improve the quality of life and eliminate poverty population as much as possible.To make sustainable economic development requires a transition with multiple implications for both the government and the private sector. In other words, you need a joint effort between public and private, in order to separate economic growth from excessive use of resources; the main objective should be considered the quality of life along with reducing the environmental and social deficit.The transition to a "Green Economy" means practicing a certain type of economy based on policies and investment that should be able to create a connection between economic development, biodiversity, ecosystem, climate change, health and welfare on the medium and long term. These premises must be connected together to achieve sustainable development – which is considered the resumption of economic growth at global scale.Switching to "Green Economy" implies a proper concern based on adequate knowledge, research and innovation in order to create a framework for promoting sustainable development on long term. This study aims to generate an overview on the concept of "Green Economy", considered by some experts as the main solution to the problems that countries of the world are facing nowadays. It is well known that the economic system is situated in a collapse and requires a rethinking from all points of view. A solution to adapt the economy and its development to these new global challenges can be the transition to "Green Economy", especially by integrating the

  13. Economies of scale, technology, and intra-industry trade

    OpenAIRE

    Inagawa Nobuo

    1989-01-01

    The purpose of this paper is to test empirically economies of scale, defined by technologyin Intra-Industry Trade(IIT). B.Balassa found first the existence of IIT. Grubeland Lloyd, Linder, Dreze, and others treated IIT as consisting of final goods.But P.Raymentfound that IIT consists mostly of intermediate goods and he tried to explain IIT byeconomies of scale and specialization. However, to test the relationship between economiesof scale and IIT, I will use I.Ozaki's definition on economies ...

  14. FROM CIRCULAR ECONOMY TO BLUE ECONOMY

    Directory of Open Access Journals (Sweden)

    Iustin-Emanuel, ALEXANDRU

    2014-11-01

    Full Text Available Addressing the subject of this essay is based on the background ideas generated by a new branch of science - Biomimicry. According to European Commissioner for the Environment, "Nature is the perfect model of circular economy". Therefore, by imitating nature, we are witnessing a process of cycle redesign: production-consumption-recycling. The authors present some reflections on the European Commission's decision to adopt after July 1, 2014 new measures concerning the development of more circular economies. Starting from the principles of Ecolonomy, which is based on the whole living paradigm, this paper argues for the development within each economy of entrepreneurial policies related to the Blue economy. In its turn, Blue economy is based on scientific analyses that identify the best solutions in a business. Thus, formation of social capital will lead to healthier and cheaper products, which will stimulate entrepreneurship. Blue economy is another way of thinking economic practice and is a new model of business design. It is a healthy, sustainable business, designed for people. In fact, it is the core of the whole living paradigm through which, towards 2020, circular economy will grow more and more.

  15. THE UNDERGROUND ECONOMY,THE CORRUPTION . A WAY OF MANIFESTING THE FISCAL EVASION

    OpenAIRE

    Din Alina Valentina

    2012-01-01

    Fiscal evasion is mainly found within the underground economy, came to the specialists’ attention within the 1960s, moment in which it took a great extent. The main cause which leads to activities within the underground economy is represented by the increase of direct taxes, which has the largest influence, followed by the intensity of the regulations and the complexity of the fiscal system. The imposed taxes determine more and more countries to act within the underground economy, as long a...

  16. Sustainability of biomass in a bio-based economy. A quick-scan analysis of the biomass demand of a bio-based economy in 2030 compared to the sustainable supply

    Energy Technology Data Exchange (ETDEWEB)

    Ros, J.; Olivier, J.; Notenboom, J. [Netherlands Environmental Assessment Agency PBL, Bilthoven (Netherlands); Croezen, H.; Bergsma, G. [CE Delft, Delft (Netherlands)

    2012-02-15

    The conversion of a fossil fuel-based economy into a bio-based economy will probably be restricted in the European Union (EU) by the limited supply of ecologically sustainable biomass. It appears realistic that, for the EU, the sustainable biomass supply will be enough to meet about 10% of the final energy and feedstock consumption in 2030. Under optimistic assumptions, this supply might increase to 20%. EU Member States, in their Renewable Energy Action Plans for 2020, already aim to apply an amount of biomass that already approaches this 10%. Therefore, from a sustainability perspective, there is an urgent need to guarantee ecologically sustainable biomass production. In considering sustainable biomass production, land use is the most critical issue, especially the indirect land-use impacts on greenhouse gas emissions and biodiversity. The use of waste resources and agricultural and forestry residues, that does not involve additional land use, therefore, would be a sustainable option. Technically, it is possible to use these types of resources for most applications in a bio-based economy. However, it seems unlikely that, by 2030, waste and residue resources will contribute more than three to four per cent to the final energy and feedstock consumption in Europe. Moreover, many waste and residue resources currently already have useful applications; for instance, as feed or soil improvers. These are the main findings of a quick-scan analysis carried out by the PBL Netherlands Environmental Assessment Agency and CE Delft on the sustainability of a bio-based economy. Three priorities can be distinguished in the transition to an ecologically sustainable bio-based economy that aims to reduce the consumption of fossil fuels: (1) develop new technologies, procedures and infrastructure to collect or to produce more biomass without using directly or indirectly valuable natural land; (2) develop technologies to produce hydrocarbons from types of biomass that have potentially

  17. The Conditions of Structural and Innovation Policy of Development of Economy of Russia

    Directory of Open Access Journals (Sweden)

    N. I. Komkov

    2017-01-01

    Full Text Available Purpose: in the article the problems of formation of conditions for Russia’s social and economic development with a consideration of the present and recreated scientific and technological potential are considered. The purpose of the article consists in researching the sources of social and economic development of Russian economy in the medium- and long-term perspective, and also in rationalization of possibilities of their long term usage. Methods: the in the article methods of the comparative economic analysis, system approach to the economy development management as a complex self-recovering system with a potential, which has certain properties and regularities such as: complete social and economic system lifecycle, complete production cycle, technological structure, basic technologies, etc., are used. Results: during the research process if has been concluded that economic downturn in Russia was caused by economy export orientation of the initial repartitions and low added value resource products. Supporting such strategy were the economic instruments: taxes, ruble exchange rate, bank rate etc. Conclusions and Relevance: it has been shown that long-term development can be based mainly on usage of intensive factors. Even the involvement of Russian huge natural resources into the economic activity will not be able to completely solve a problem of prevention of degradation of the processing industrial economic sectors. Two key development terms are noted: investments and structural reform. It is noted that the main sources of investments are the internal and external ones. Increase of their potential is connected with adoption of tough strategic and political decisions. In its turn, effective usage of the expected increase in investments requires an urgent solution of competitive domestic technologies development problems, as well as problem of effective management of economy and its development on an innovative basis. Possibilities of

  18. Beacons of the Experience Economy

    DEFF Research Database (Denmark)

    Delica, Kristian Nagel

    2014-01-01

    This essay outlines the boundaries among various interests in the library sector; among positions that prioritize libraries as aesthetically appealing junctions of the experience economy versus positions that prioritize the library as a community forum. The main emphasis is placed on developments...

  19. Economic Contribution of Regional Feeder Ports to The Local Economy In Indonesia

    Directory of Open Access Journals (Sweden)

    Ibnu Syabri

    2017-07-01

    Full Text Available Indonesia regional feeder ports’ main function is to serve marine transport activities between regency/city in a province in limited quantities. The intention of the government to make marine transportation as the backbone of national logistic transportation system puts these ports to an important position, as suppliers for the main and/or collector ports and as goods distribution centers for the region from the bigger ports. Not only as a provider of accessibility between regions, regional feeder ports should be seen as an investation to boost regional economy. This study aims to explain the influences of regional feeder ports on regency/city economy, based on the port types: (1 cargo ports, and (2 cargo & passengers ports. Results showed that both types of ports have positive influences on the regency/city economy, although it is not related to region’s economic base sector. Cargo ports which are mainly located on west area of Indonesia, supports the region’s economy more than cargo & passenger ports which are mainly located on the east.

  20. The Hidden STEM Economy

    Science.gov (United States)

    Rothwell, Jonathan

    2013-01-01

    Workers in STEM (science, technology, engineering, and math) fields play a direct role in driving economic growth. Yet, because of how the STEM economy has been defined, policymakers have mainly focused on supporting workers with at least a bachelor's (BA) degree, overlooking a strong potential workforce of those with less than a BA. This report…

  1. The Competitive Potential of the Belorussian Economy

    OpenAIRE

    Migranyan, A.

    2014-01-01

    The article is an attempt to study the factors of the competitive capacity of Belorussian economy. There are two groups of factors of competitive potential and competitive advantages' formation: internal (changes in resource allocation) and external factors (adaptation to external shocks). The study found that the main source of the increase of competitive capacity of the Belorussian economy were foreign. The competitive potential of Belarus was formed on the basis of the increased exports. H...

  2. Breaking the Barriers to the Circular Economy

    OpenAIRE

    Kirchherr, J.W.; Hekkert, M.P.; Bour, Ruben; Huijbrechtse-Truijens, Anne; Kostense-Smit, Erica; Muller, Jennifer

    2017-01-01

    The Copernicus Institute of Sustainable Development, Utrecht University, the Netherlands and Deloitte have jointly carried out research on barriers to the Circular Economy (CE) in the European Union. For this research, a survey with 153 businesses, 55 government officials and expert interviews with forty-seven thought leaders on the circular economy from businesses, governments, academia and NGOs have been carried out. Two types of barriers emerged as main barriers Firstly, there are the cult...

  3. Collaborative Economy

    DEFF Research Database (Denmark)

    collaborative economy and tourism Dianne Dredge and Szilvia Gyimóthy PART I - Theoretical explorations 2.Definitions and mapping the landscape in the collaborative economy Szilvia Gyimóthy and Dianne Dredge 3.Business models of the collaborative economy Szilvia Gyimóthy 4.Responsibility and care...... in the collaborative economy Dianne Dredge 5.Networked cultures in the collaborative economy Szilvia Gyimóthy 6.Policy and regulatory perspectives in the collaborative economy Dianne Dredge PART II - Disruptions, innovations and transformations 7.Regulating innovation in the collaborative economy: An examination...... localities of tourism Greg Richards 11.Collaborative economy and destination marketing organizations: A systems approach Jonathan Day 12.Working within the Collaborative Tourist Economy: The complex crafting of work and meaning Jane Widtfeldt Meged and Mathilde Dissing Christensen PART - III Encounters...

  4. Knowledge Management – the Key Resource in the Knowledge Economy

    Directory of Open Access Journals (Sweden)

    Domingo NEVADO PEÑA

    2010-06-01

    Full Text Available The influence of global information and communication technology changes and globalization have transformed our society by favoring the economy and innovation as key driver of global competition. Creation and exploitation of knowledge has become key resource in the new economy. All advanced economies are technologically knowledgebased economy. Many of today's managers and their employees, still guided by the definition given by Francis Bacon (1597 “Knowledge is power” instead of “sharing and managing knowledge is power”. Knowing taken alone may not bring value if not shared before and then managed in an efficient manner. This article seeks to demonstrate what knowledge, what the knowledge management is and what are its main implications in the new economy, a knowledge-based economy.

  5. The political economy of churches in Denmark, 1300-2015

    DEFF Research Database (Denmark)

    Paldam, Martin; Paldam, Ella

    2017-01-01

    The paper reports new time-series for the numbers and sizes of churches in Denmark over a 715-year period. Per capita, the new series are termed church densities. A pattern emerges in the series that corresponds to the main development in the economy: Until 1750, the economy was in the traditional...

  6. Learning in Organizations: A corporate curriculum for the knowledge economy

    NARCIS (Netherlands)

    Kessels, Joseph

    2001-01-01

    This paper elaborates on the argument that the economy is transforming into a knowledge economy. Therefore, individuals, teams and companies need to develop the necessary competencies to be able to participate in a working life that is mainly based on knowledge productivity. The traditional

  7. Mitigating Double Taxation in an Open Economy

    OpenAIRE

    Lindhe, Tobias

    2001-01-01

    The interaction of various methods of mitigating economic and international double taxation of corporate source income is studied within a standard neoclassical model of firm behavior. The main purpose is to determine to what extent methods effective in mitigating economic double taxation in a closed economy remain useful in an open economy where the firm's marginal investor is a foreigner. While a cut in the statutory corporate tax rate invariably reduces the cost of capital, the impact of t...

  8. The impact of informal economy on the interest rate pass-through ...

    African Journals Online (AJOL)

    Furthermore, the results indicated that the effect of the informal economy is much stronger in the long-run compared to the short-run. Finally, the results indicated that in both the short run and long run existence of an informal economy dampens the transmission of changes in the policy rate to retail rates as expected from ...

  9. Nuclides Economy

    International Nuclear Information System (INIS)

    Ivanov, Evgeny; Subbotin, Stanislav

    2007-01-01

    Traditionally the subject of discussion about the nuclear technology development is focused on the conditions that facilitate the nuclear power deployment. The main objective of this work is seeking of methodological basis for analysis of the coupling consequences of nuclear development. Nuclide economy is the term, which defines a new kind of society relations, dependent on nuclear technology development. It is rather closed to the setting of problems then to the solving of them. Last year Dr. Jonathan Tennenbaum published in Executive Intelligence Review Vol. 33 no 40 the article entitled as 'The Isotope Economy' where main interconnections for nuclear energy technologies and their infrastructure had been explained on the popular level. There he has given several answers and, therefore, just here we will try to expand this concept. We were interested by this publication because of similarity of our vision of resource base of technologies development. The main paradigm of 'Isotope economy' was expresses by Lyndon H. LaRouche: 'Instead of viewing the relevant resources of the planet as if they were a fixed totality, we must now assume responsibility of man's creating the new resources which will be more than adequate to sustain a growing world population at a constantly improved standard of physical per-capita output, and personal consumption'. We also consider the needed resources as a dynamic category. Nuclide economy and nuclide logistics both are needed for identifying of the future development of nuclear power as far we follow the holistic analysis approach 'from cave to grave'. Thus here we try to reasoning of decision making procedures and factors required for it in frame of innovative proposals development and deployment. The nuclear power development is needed in humanitarian scientific support with maximally deep consideration of all inter-disciplinary aspects of the nuclear power and nuclear technologies implementation. The main objectives for such

  10. Economy of education: National and global aspects

    Directory of Open Access Journals (Sweden)

    Oksana Ishchenko-Padukova

    2017-12-01

    Full Text Available Our paper focuses on the national economy of education. We assume that under the current conditions of the globalized world, the economy of education reveals its two-fold nature: on the one hand, it represents an element of the national economic system, and on the other, it is also a structural component of the global education system. Therefore, national economy of education is shaped up by both internal and external factors represented by national and international influences. We analyze here the functional composition and the methods of legal regulation of the economy of education under the conditions and provisions of the global geopolitical transformations. In addition, we use the empirical model of returns to education for showing the factors that impact the employability of young graduates at the labor market. Our results confirm the importance of education for achieving higher levels of income, both nationally and internationally. Finally, we come to the conclusion that its target function consists of the global promotion of national education and consolidation of national competitive position within the world education space.

  11. Potential role of nuclear power in developing and transitional economies

    International Nuclear Information System (INIS)

    Ganiage, D.; Dierstein, Ph.

    1996-01-01

    In some developing countries, such as Asia, the growth of electricity consumption is high, and a nuclear programme based on the construction of several standardised plants could be implemented and economically justified. In transitional economies, such as in Central and Eastern Europe countries, electricity authorities were forced to stop the construction of several nuclear plants, mainly because of financial problems. Nuclear power can provide the developing and transition economies with several advantages, such as energy independence and fuel supply security, minimal environmental pollution, support to local industry and employment. On the other hand, nuclear energy also means the support of national authorities and the development of a suitable infrastructure in order to check the enforcement of legal procedures, plants safety and waste management. Local population must understand and accept this commitment linked hand to hand with the choice of nuclear energy. Finally, nuclear industry is very capital-intensive. Therefore, financial resources are to be found by the local electricity authorities, along with the development of a suitable legal framework and the implementation of new tariff policies which must reflect the real costs of electricity. (R.P.)

  12. Business ethics in the Slovenian economy

    Directory of Open Access Journals (Sweden)

    Danijel Pučko

    2000-01-01

    Full Text Available While taking into account the main concepts of business ethics, the author underlines the importance of the ethical issues in the transition period, identifies the perceived unethical behavior in the Slovenian economy as well as the main approaches to business ethics enhancement in Slovenia. Especially, the attempts to improve business ethical behavior by establishing ethical codes are analysed. This includes the Ethical Code of the Slovenian Managers’ Association, the Code of the Professional Ethics of the Accountants and the Code of the Professional Ethics of the Controllers in Slovenia, as well as some other ethical codes. The courses, workshops and seminars in the field of the business ethics are surveyed as well as the problems in teaching business ethics and empirically researching the field in Slovenia. The role of the media in enhancing business ethics in the country is analysed too. The last part of the article is dedicated to the identification of the prevailing values and attitudes of the Slovenian top managers and of the younger Slovenian managers. Differences and similarities are shown the respect to the results of some foreign research findings. Finally, there are a few conclusions regarding the needed future actions for further enhancement of business ethical behavior in Slovenia.

  13. Research on the development and countermeasures for circular economy

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    Ecological economics and sustainable development economics are the basic theories to research on circular economy. Through the systemically research on the relationship of the three above, this paper thinks that the reuse and recycle of circular economy ts a way that the stall is mended after a sheep is lost. Although the reduction technically controls the production process, it cannot solve the waste caused by blind production and excess competition. We have experienced variety obstacles when implementing the circular economy, whose main reason ts the conflict between the individual ration and the social ration. Therefore, only when the individual ration and social ration incline to conformity,the cooperating Nash equilibrium will be appeared. In order to realize the harmony of ecology, economy and society, we have to explore effective evaluation theory. This paper cites the "five flows of wealth operation theory"from professor Ma Chuandong to search operation mechanism of circular economy, makes clear the developing thoughts of circular economy based on the realities, and brings forward some countermeasures to develop circular economy based on the above theoretical analysis.

  14. Energy disruptions, interfirm price effects and the aggregate economy

    International Nuclear Information System (INIS)

    Huntington, Hillard G.

    2003-01-01

    In an economy with many imperfect competitors (monopolistic competition), firms that pass through higher oil prices during a disruption will affect the demand for firms in other industries. Firms that charge higher prices for their final product will include the effect on their own final product in their private decisions but will exclude the effect on the final products of other firms. Although a pecuniary externality, these actions will reduce society's welfare, unlike the case of a perfectly competitive market. This situation creates a societal risk that is much wider than an externality in any single market. Policy interest shifts from one of punishing Persian Gulf oil producers to one of cushioning an industrialized economy from sudden disruptions caused by political and military conflicts. Although the value of reducing oil use depends upon a number of unknown parameters with wide distributions, a representative numerical example suggests that it may approach 5 US dollars per barrel. (Author)

  15. Sustainability of biomass import for the Dutch energy economy. Final report

    International Nuclear Information System (INIS)

    Rijssenbeek, W.; Van der Vleuten, F.; De Winter, J.; Corten, I.

    1996-07-01

    The current study is conducted with the aim of developing a number of general (qualitative) criteria which can be used to judge, from the perspective of sustainable development, the various options of importing biomass for the Dutch energy economy. The methods used during implementation of the desk study include: literature reviews on sustainable development and biomass energy conversion techniques; concept development and elaboration; internal discussions of the project team; international discussions through electronic mail in order to obtain the opinions of people outside The Netherlands, in particular from the potentially biomass exporting countries; an interim discussion meeting with representatives of involved (Dutch) actors; a final discussion meeting with representatives of involved (Dutch) actors; and reporting. The results of the desk study are presented. The context of energy from biomass in The Netherlands, and the Dutch policy concerning renewable energies is described. A selection is given of international comments on the idea of importing biomass for the Dutch electricity sector, to underline that the sustainability of this activity is not obvious without more detailed consideration. An overview of biomass energy technologies is presented in order to illustrate the numerous options of importing biomass for energy purposes. A concrete example of wood import from Estonia and Uruguay shows how a biomass import chain could look like in practice. Attempts to put the concept into practice are discussed. General criteria and framework conditions, that can be used in assessing the sustainability of the various alternatives of biomass import are presented. A method for the full evaluation process is proposed. The most important ideas that have been received through E-mail and Internet news groups discussions are listed along with an overview of biomass chains

  16. Impact of Globalization in Kosovo’s Economy

    Directory of Open Access Journals (Sweden)

    MSc. Nexhat Shkodra

    2013-12-01

    Full Text Available The economy in Kosovo continues to generate macroeconomic growth and solid stability, especially in fiscal and financial terms. Despite the increasing risks from the external sector, Kosovo’s economy has marked positive growth rates in 2012 also. Nevertheless, being an open economy, it has not been spared of the effects of the crisis faced direly by some of the most developed countries, and especially those in the Eurozone, which have shrinked the growth rate in comparison to previous years, despite it being positive. These risks mainly are reflected into the adverse impacts of the crisis on external demand for Kosovo products (along with an already low export rate, and by a lighter impact on migrant remittances, and a stronger impact on foreign direct investment. The decline in remittances has been smaller than forecasted, mainly because migration in Kosovo is of longer term in nature, and 70% of our migrants possess foreign citizenships. The banking sector has remained solid, with private sector deposits and loans continuing to increase in 2009 and 2010. There is still evidence though, that banks have become more prudent in extending loans, mainly due to the fact that bad loans are increasing at a slow pace. Adverse impacts of the global financial crisis have been compensated by an expansionist fiscal policy adopted by the Government, thereby ensuring medium growth rates.

  17. COMPETITIVENESS FOR SUSTAINABLE ECONOMIES

    Directory of Open Access Journals (Sweden)

    Nelu Eugen POPESCU

    2014-04-01

    Full Text Available The current economic environment puts pressure on all national economies which struggle to improve their competitiveness and innovativeness in a sustainable way. This article aims to present the current state of the competitiveness by reviewing the main literature and worldwide researches, in order to provide a brief overview of the determinants that drive productivity and economic success at global and national level, taking into consideration the entrepreneurial activity for a country’s competitiveness and economic growth. The paper identifies the ways in which efficiency driven countries can improve their policies and get a better return on their investments, underlining a set of competitiveness enhancing policies (measures that can be implemented by public and private institutions in order to strengthen the economic fundamentals of the economies.

  18. Gastronomic tourism and the creative economy

    Directory of Open Access Journals (Sweden)

    Marco Martins

    2016-12-01

    Full Text Available The objective of this study was to better understand the relationship between gastronomic tourism and the creative economy. In the last years, there has been a solidification of gastronomy as the main motive to carrying out a trip. Tourists are in the 21st century «hungry» of new and different experiences. Tourist experiences and its outcome in which regards to the fulfilment or not of expectations is extremely important. The creative economy plays today a crucial role since gastronomic tourists are looking after the origin of the gastronomic food, legends and stories about food.

  19. The new economy is stronger than you think.

    Science.gov (United States)

    Sahlman, W A

    1999-01-01

    Many policy makers at the Fed contend that the new economy is a fragile bubble--and that with the "irrational exuberance" of the capital markets, the sky is going to fall on the U.S. economy. That couldn't be further from the truth, according to William Sahlman. As long as the government doesn't interfere, he argues, the economy is sturdy, resilient, and raring to grow. The new economy is strong for several reasons. First, it is based on a business model that works. Any business system that relentlessly drives out inefficiency, forces intelligent business-process reengineering, and gives customers more of what they want will be sustainable. Second, it is built on America's admiration for entrepreneurs and its tolerance for failure, not to mention its easy access to capital. Third, the new economy is attracting the best and brightest minds in the country. And finally, says Sahlman, the new economy is strong because it is spreading. It may be primarily an American phenomenon now, but in a few short years it will start to show its effects everywhere, making the whole world a more productive place. Still, Sahlman believes, the road ahead is not without potholes and sharp curves. But that is what the new economy is all about, he maintains--companies attacking the status quo and entrenched players, companies experimenting to find new technologies that improve or replace earlier ones. Such activity presents no cause for alarm. The economic, social, and cultural factors undergirding the new economy are rock solid. It's simply a matter of letting them stand.

  20. Comparing flexibility mechanisms for fuel economy standards

    International Nuclear Information System (INIS)

    Fischer, Carolyn

    2008-01-01

    Since 1975, the Corporate Average Fuel Economy (CAFE) program has been the main policy tool in the US for coping with the problems of increasing fuel consumption and dependence on imported oil. The program mandates average fuel economy requirements for the new vehicle sales of each manufacturer's fleet, with separate standards for cars and light trucks. The fact that each manufacturer must on its own meet the standards means that the incentives to improve fuel economy are different across manufacturers and vehicle types, although the problems associated with fuel consumption do not make such distinctions. This paper evaluates different mechanisms to offer automakers the flexibility of joint compliance with nationwide fuel economy goals: tradable CAFE credits, feebates, output-rebated fees, and tradable credits with banking. The policies are compared according to the short- and long-run economic incentives, as well as to issues of transparency, implementation, administrative and transaction costs, and uncertainty

  1. The economy of migrants from Puebla living in New York City

    Directory of Open Access Journals (Sweden)

    Miguel Ángel Corona Jiménez

    2014-11-01

    Full Text Available In the last decade, the number of poblanos migrants in New York City has grown rapidly. The following research presents the results obtained from a survey about the economy of these migrants. This means information about their income and expenses. Furthermore, data about the amount, frequency and destination of the remittances sent to their hometown communities are also provided. The main social, demographic and labor characteristics that affect their economic behavior are analyzed. The composition of their income and expenses is studied. It is proved that the majority of them live in poor and precarious conditions so that they can send more money to their families. One of the main findings is that they spend most of their income in remittances and the rent of their shared apartments. In general, these migrants want to return to Mexico once they have the money to build a house or open a business. Finally, this research confirms that the main cause of migration is economical situation and the wage differential between Mexico and United States

  2. Rebalancing the Eurozone Troubled Economies

    Directory of Open Access Journals (Sweden)

    Ziółkowski Michał

    2014-10-01

    Full Text Available The aim of the article is to assess how much rebalancing of the six eurozone troubled economies (Ireland, Portugal, Spain, Italy, Greece, Cyprus was achieved since the outbreak of the financial crisis in 2007/2008, to what extent migrations were a mitigating factor on their labor markets and how much the troubled countries were assisted in their adjustment by other countries. The first part of the article shows an overall macroeconomic picture of the troubled economies' rebalancing together with a presentation of the etiology of the problem (i.e. accumulation of imbalances. The second part presents the role of migrations and the third part the role of the Eurosystem and international financial assistance in the rebalancing process. The research is based on comparing developments in selected indicators across countries. The conclusions are that the rebalancing in the troubled countries was either at most limited or actually their economies continued to fall out of balance (various indicators showing various developments make the situation ambiguous, migrations were either not much supportive for rebalancing of the troubled economies or they did not provide any dent to unemployment at all and that the troubled countries were provided with significant international assistance mainly in the form of the ECB policies causing the rise in the Target balances.

  3. Collaborative Economy

    DEFF Research Database (Denmark)

    that are emerging from them, and how governments are responding to these new challenges. In doing so, the book provides both theoretical and practical insights into the future of tourism in a world that is, paradoxically, becoming both increasingly collaborative and individualized. Table of Contents Preface 1.The...... collaborative economy and tourism Dianne Dredge and Szilvia Gyimóthy PART I - Theoretical explorations 2.Definitions and mapping the landscape in the collaborative economy Szilvia Gyimóthy and Dianne Dredge 3.Business models of the collaborative economy Szilvia Gyimóthy 4.Responsibility and care...... in the collaborative economy Dianne Dredge 5.Networked cultures in the collaborative economy Szilvia Gyimóthy 6.Policy and regulatory perspectives in the collaborative economy Dianne Dredge PART II - Disruptions, innovations and transformations 7.Regulating innovation in the collaborative economy: An examination...

  4. Collaborative Economy

    DEFF Research Database (Denmark)

    collaborative economy and tourism Dianne Dredge and Szilvia Gyimóthy PART I - Theoretical explorations 2.Definitions and mapping the landscape in the collaborative economy Szilvia Gyimóthy and Dianne Dredge 3.Business models of the collaborative economy Szilvia Gyimóthy 4.Responsibility and care...... and similar phenomena are among these collective innovations in tourism that are shaking the very bedrock of an industrial system that has been traditionally sustained along commercial value chains. To date there has been very little investigation of these trends, which have been inspired by, amongst other...... in the collaborative economy Dianne Dredge 5.Networked cultures in the collaborative economy Szilvia Gyimóthy 6.Policy and regulatory perspectives in the collaborative economy Dianne Dredge PART II - Disruptions, innovations and transformations 7.Regulating innovation in the collaborative economy: An examination...

  5. Legal basis of energy economy. Collection of important laws and regulations of the amended power economy law. 7. ed.; Rechtsgrundlagen der Energiewirtschaft. Sammlung wichtiger Gesetze und Vorschriften zum novellierten Energiewirtschaftsrecht

    Energy Technology Data Exchange (ETDEWEB)

    Herrmann, B.J.; Schweers, E.

    2007-07-01

    The book under consideration is an actual collection of important laws and regulations according to the amended power economy law. It is the 7th edition and contains components of the European and national cartel law. Furthermore, the power economy law, the regulations of mains access, and the regulations of mains fee are revised editorial. The book consist of four main chapters: (a) General energy law; (b) Bylaws to energy economical laws; (c) Law of privileged energy supports; (d) cartel law.

  6. Economic Development Mode and Countermeasure Research on the Nansi Lake Drainage Area Based on Circular Economy

    OpenAIRE

    Jia, Yong-fei; Peng, Li-min

    2011-01-01

    Firstly, it is pointed out that circular economy should be vigorously developed in the Nansi Lake Drainage Area, and the connotation of circular economy is expounded. Then, problems in developing circular economy in Nansi Lake Drainage Area are analyzed from the aspects of agriculture, industrial enterprises, and waste utilization. Finally, combining with the four modes of peasant household, enterprise, region and society in the development of circular economy, corresponding countermeasures a...

  7. The impact of artificial intelligence on the world economy

    OpenAIRE

    Kuprevich, T. S.

    2017-01-01

    In the article the potential benefits and opportunities offered by AI in the world economy are considered. In the course of the research benefits and tendencies of artificial intelligence in the world economy were revealed, the main directions of development and barriers of artificial intelligence adoption are analyzed and revealed. Nowadays artificial intelligence (AI) is going mainstream, driven by machine learning, big data and cloud computing.

  8. The Seven Challenges for Transitioning into a Bio-based Circular Economy in the Agri-food Sector.

    Science.gov (United States)

    Borrello, Massimiliano; Lombardi, Alessia; Pascucci, Stefano; Cembalo, Luigi

    2016-01-01

    Closed-loop agri-food supply chains have a high potential to reduce environmental and economic costs resulting from food waste disposal. This paper illustrates an alternative to the traditional supply chain of bread based on the principles of a circular economy. Six circular interactions among seven actors (grain farmers, bread producers, retailers, compostable packaging manufacturers, insect breeders, livestock farmers, consumers) of the circular filière are created in order to achieve the goal of "zero waste". In the model, two radical technological innovations are considered: insects used as animal feed and polylactic acid compostable packaging. The main challenges for the implementation of the new supply chain are identified. Finally, some recent patents related to bread sustainable production, investigated in the current paper, are considered. Recommendations are given to academics and practitioners interested in the bio-based circular economy model approach for transforming agri-food supply chains.

  9. Theoretical Aspects of the Technological Leadership of National Economies

    Directory of Open Access Journals (Sweden)

    Dovgal Еlеna A.

    2016-05-01

    Full Text Available The main theoretical approaches to forming and defining the essence of the technological leadership of national economies have been considered. At present the global nature of the technological development factor is the main engine of development of economies in most world countries. Changes and improvement of all the elements of productive forces occur and innovations or new developments appear as a result of technological development. Different approaches to defining the essence of the technological leadership have been considered, the stages of its development, theoretical concepts of different scientific schools regarding the impact of the factor of technological development on the overall economic process of national economies have been analyzed. Characteristics of technological modes have been summarized and their influence on the formation of the technological leadership of the world countries has been revealed. The main approaches to identifying the technological leadership of various countries on the basis of calculation of international indices have been considered. The prospect for further research of the problem is a comprehensive study of determinants that reflect the technological leadership and give a general assessment of qualitative characteristics of the formation of its components

  10. Energy economy and industrial ecology in the Brazilian cement sector

    International Nuclear Information System (INIS)

    Tavares, Marina Elisabete Espinho; Schaeffer, Roberto

    1999-01-01

    The article discusses the following issues of the Brazilian cement sector: the Brazilian cement main types specification, cement quantities evolution produced in Brazil from 1987 to 1997, energy conservation in the cement production process with additives, energy economy cost estimates from the utilization of additives, and several technologies energy economy cost used in the industrial sector

  11. Relationship between price and money stock in Iranian economy (1961-2008

    Directory of Open Access Journals (Sweden)

    Mohammad Reza Babaei Semirumi

    2009-12-01

    Full Text Available The main purpose of this paper is to investigate the relationship between money and inflation in the Iranian economy with cagan(1956 money demand function . In doing so,I have first reviewed theoretical and empirical literature of causality throughout the world and then it be used Granger’s method for detecting causality between money and inflation in the Iranian economy. according to this working paper elasticity of demand for real balances in money market toward inflation for Iranian economy are approximately 0.9 and Money is exogenous reward to WPI,CPI and PPI in Iranian economy.

  12. The impact of deformation on the final alignment of the Fermilab main injector

    International Nuclear Information System (INIS)

    Wojcik, G.; Lakanen, St.

    1999-01-01

    The determination of deformation of the reference points is very important for the final alignment process and the future performance of the FMI machine. In case of Main Injector Tunnel practically all points of the network were subject to deformation. The method of minimizing the first norm of the displacement vector of the reference points was chosen as the method to analyze the deformation experienced within the project. Basic principles of deformation determination and analysis evaluations movement of the network relative of the beam position will be exhibited in this poster. (authors)

  13. KNOWLEDGE SOCIETY, GENERAL FRAMEWORK FOR KNOWLEDGE BASED ECONOMY

    Directory of Open Access Journals (Sweden)

    Dragos CRISTEA

    2011-03-01

    Full Text Available This paper tries to present the existent relation between knowledge society and knowledge based economy. We will identify the main pillars of knowledge society and present their importance for the development of knowledge societies. Further, we will present two perspectives over knowledge societies, respectively science and learning perspectives, that directly affects knowledge based economies. At the end, we will conclude by identifying some important questions that must be answered regarding this new social paradigm.

  14. Globalization of Brewing and Economies of Scale

    DEFF Research Database (Denmark)

    Madsen, Erik Strøjer; Wu, Yanqing

    The globalization of the brewing industry after the turn of the century through a large wave of mergers and acquisitions has changed the structure of the world beer markets. The paper tracks the development in industry concentrations from 2002 to 2012 and points to high transportation costs...... for beers and economies of scale in advertising and sales efforts as the main factors behind the wave of cross-country mergers and acquisitions. Using firm-level data from the largest breweries, the estimations verify significant economies of scale in marketing and distribution costs. Based on information...

  15. Financial Economy and Financial System: Basis of Structural Interconnection

    Directory of Open Access Journals (Sweden)

    Khorosheva Olena I.

    2014-02-01

    Full Text Available The goal of the article lies in identification of grounds of interconnection of the financial economy and financial system. The study was conducted with consideration of main provisions of the theory of finance and concept of financial economy, which is a set of means used in the process of reproduction of finance by their owner for formation and / or maintenance of the own system of values in the viable state. For the first time ever the structure of the financial system is identified as an aggregate of financial economies and financial market. The article justifies a necessity of expansion of boundaries of perception of the state financial economy, which is offered to include public financial economy of the state level and the set of financial economies of the state as a subject of economic activity. Such an approach forms a base for justification of the synthesis of participation of the state in financial relations as the owner and as the basic macro-economic regulator. Prospects of further study in this direction are: development of classification of financial economies; revelation of specific features of impact of shadow finance on development of the national financial economy; and assessment of possibilities of inclusion of structured financial products into the system of values of financial economies in Ukraine.

  16. Business ethics in the Slovenian economy

    OpenAIRE

    Pučko, Danijel

    2017-01-01

    While taking into account the main concepts of business ethics, the author underlines the importance of the ethical issues in the transition period, identifies the perceived unethical behavior in the Slovenian economy as well as the main approaches to business ethics enhancement in Slovenia. Especially, the attempts to improve business ethical behavior by establishing ethical codes are analysed. This includes the Ethical Code of the Slovenian Managers’ Association, the Code of the Professiona...

  17. Urban and regional studies in the experience economy

    DEFF Research Database (Denmark)

    Lorentzen, Anne; Jeannerat, Hugues

    2013-01-01

    is to deconstruct economic value and innovation in regional studies and elaborate on the role of consumers and stages of consumption. Another is the actor perspective and the question of how localized networks of innovative actors evolve and engage in experiential staging. Finally the experience economy is seen...... as an integrated approach in policy and strategic planning on as well as across different scales. Future research should not only trace the evolution of experience offerings, stages and destinations and its possible dependence on specific economic phases and contexts. It should also develop further the potentials......The paper introduces a special issue on `the experience turn in development and planning’. It is argued that the notion of the experience economy is able to challenge established theories of the culture economy in three ways. First, by placing consumption and consumers as point of departure...

  18. Dynamics of International Reserve Accumulation in Turkish Economy

    Directory of Open Access Journals (Sweden)

    Duygu Ayhan

    2015-05-01

    Full Text Available Many of the emerging market economies embody macroeconomic and structural vulnerabilities due to large deficits, high inflation, slowing growth and heavy reliance on short-term capital inflows. Therefore, accumulation of international reserve holdings has been frequently used by authorities to serve as an insurance against the volatility of the capital flows and strengthen the fragile nature of these economies. Turkish economy, classified as one of the most fragile of the emerging economies, has been experiencing a similar process of international reserve accumulation. The chronically high current account deficit and low savings rate boost the importance of international reserves. Thus, the aim of this paper is to investigate the determinants of international reserves in Turkey. The dataset covers the 2000-2013 period. Consequently, we find that the international reserve accumulation is mainly explained by current account balance, per capita income and past crisis experience.

  19. Improving the circular economy via hydrothermal processing of high-density waste plastics

    DEFF Research Database (Denmark)

    Pedersen, Thomas Helmer; Conti, Federica

    2017-01-01

    Rising environmental concerns on climate changes are causing an increasing attention on circular economies. The plastic economy, in particular, is in focus due to the accelerating consumption of plastics, mainly derived from virgin feedstock, combined with the lack of plastic recycling strategies...

  20. Circular economy and nuclear energy

    International Nuclear Information System (INIS)

    2017-01-01

    This article first recalls what circular economy is, and its main principles (sustainable supply, eco-design, industrial and territorial ecology, economy of function rather than of possession, extension of product lifetime, recycling). It outlines its different benefits: improved resilience, inclusion of all actors of the territory, creation of local jobs, a global vision. In the next part, the nuclear industry is presented as a pioneer in this respect through various trends and developments: closure of the fuel cycle and saving of uranium and energy in the upstream part, reduction of wastes in the downstream part, exploitation of plants on a longer term, management of the production of conventional wastes, reduction of energy consumption, evolution of the doctrine in terms of management of very low level radioactive wastes

  1. Applying the Dufournaud econometric model to the determination of the prices dynamics impact over the national economy and over its main vulnerable sectors in connection with the Romanian national economy specificity

    Directory of Open Access Journals (Sweden)

    Elena Claudia Serban

    2008-09-01

    Full Text Available In economics, a model represents an abstract, formal image of a phenomenon, process or economic system. It is built by symbolically reproducing the economic theory and by getting new information regarding the behavior of the objective being investigated. In economic theory there are several integrated econometric models meant to underline the interdependency between the branches of a national economy by the public utilities services, especially those connected to energy. The present article presents the first results of our efforts of building an econometric model adapted to the specificity of the Romanian economy, that would underline the impact of the prices modification for public utilities on the Romanian economy as a hole, on the competitiveness of Romanian companies and on the inflation.

  2. Relationship marketing in digital economy

    Directory of Open Access Journals (Sweden)

    Đorđević Bojan

    2007-01-01

    Full Text Available Relationship marketing in digital economy represents a new phase of marketing development in the XXI century. Key features lie in the development of closer relationship and cooperation between companies and their Internet consumers and partners. It was the problem of nonestablished e-relationships that was the main reason for failure of those companies that first started their new, digital environment business. Challenge for companies in the future will be introducing the CRM concept, with the main goal of bringing the high satisfaction and loyalty to their consumers in the e-market. .

  3. The Economy of a Regional Metropolis. Case-Study: Iasi, Romania

    Directory of Open Access Journals (Sweden)

    Claudia POPESCU

    2011-06-01

    Full Text Available The city of Iaşi with a population of over 300,000 people is the biggest European Union city at the border with the former-Soviet space. The article, part of an extended study on territorial development of Iaşi and its peri-urban area, focuses on the role of the city to trigger regional growth and to enhance cross border cooperation. Recent processes at work generating economic cohesion and integration are explored drawing on the catalytic factors of development and the specialization of local economies. The paper discusses also the externalities of urban growth such as the urban sprawl that causes land use conflicts at the rural-urban fringe. It argues that human capital and higher birth rates than the national average are the strengths, and low connectivity and accessibility are the weaknesses for regional growth. The regional polarization of the city is based on the supply of high level services over the entire North-East Region and opportunities to cross border cooperation through the expansion of an agro-alimentary supply-chain are highlighted. Building on the main capabilities and assets of the agglomeration economies of Iaşi, the paper finally identifies some of the mechanisms and structures that foster urban and regional growth.

  4. Comparison between response dynamics in transition economies and developed economies

    Science.gov (United States)

    Tenenbaum, Joel; Horvatić, Davor; Bajić, Slavica Cosović; Pehlivanović, Bećo; Podobnik, Boris; Stanley, H. Eugene

    2010-10-01

    In developed economies, the sign of the price increment influences the volatility in an asymmetric fashion—negative increments tend to result in larger volatility (increments with larger magnitudes), while positive increments result in smaller volatility. We explore whether this asymmetry extends from developed economies to European transition economies and, if so, how such asymmetry changes over time as these transition economies develop and mature. We analyze eleven European transition economies and compare the results with those obtained by analyzing U.S. market indices. Specifically, we calculate parameters that quantify both the volatility asymmetry and the strength of its dependence on prior increments. We find that, like their developed economy counterparts, almost all transition economy indices exhibit a significant volatility asymmetry, and the parameter γ characterizing asymmetry fluctuates more over time for transition economies. We also investigate how the association between volatility and volatility asymmetry varies by type of market. We test the hypothesis of a negative correlation between volatility and volatility asymmetry. We find that, for developed economies, γ experiences local minima during (i) “Black Monday” on October 19, 1987, (ii) the dot-com bubble crash in 2002, and (iii) the 2007-2009 global crisis while for transition economies, γ experiences local maxima during times of economic crisis.

  5. Explaining Iceland’s Excessive Boom and Bust: a Political Economy Approach

    Directory of Open Access Journals (Sweden)

    Stefán Ólafsson

    2016-06-01

    Full Text Available We explain the Icelandic bubble economy and the financial crisis of 2008 with lessons from classical political economy theories (Keynes, Minsky, Kindleberger, Reinhart and Rogoff. We ask why and how the Icelandic bubble came about? Why it went so far off track? Who were the main actors? And why they did it? At the base of these developments were changes in the policy environment and institutional changes in finance and economy, which produced both new opportunities and new risks, as well as paving the way for new powers to rise in the society, not least with the full privatization of the state banks in 2003. An overextended belief in the virtues of the free market of the private sector led to a laissez-faire attitude towards the new risks, while the new opportunities were pursued with great efforts. This produced a classical but unusually large financial bubble, culminating in 2003-2008, with massive and risky growth of banks. The main characteristic of the Icelandic bubble was extensive business speculation with borrowed money. The consequence was excessive accumulation of foreign debt, which tends to be the ultimate cause of financial crises. The main actors were the top ten percent of income earners, who gained tremendously during the decade leading up to the collapse. Their incomes grew way beyond all others, not least their financial earnings, which sprang mainly from the activities of the unsustainable bubble economy.

  6. Maine Project against Bullying. Final Report.

    Science.gov (United States)

    Saufler, Chuck; Gagne, Cyndi

    Noting that bullying among primary school-age children has become recognized as an antecedent to more violent behavior in later grades, the 3-year Maine Project Against Bullying examined currently available research on bullying and evaluated books, curricula, media materials, and programs to identify resources and strategies which can be applied…

  7. Enterprise Social Responsibility and Solidarity Economy: A Possible Partnership

    OpenAIRE

    Luisa, Graziela; Andrade, Edinara Terezinha de

    2012-01-01

    Enterprise Social Responsibility - ESR and Solidarity Economy are the main subjects of this article, a time that are significantly important subjects of the present time and are considered concepts still under construction. At first, it will discuss about the theory of Social Responsibility and solidarity economy, under the optics of different authors. After that, the partnership will be presented between the The Incubator of Popular Cooperatives of the Regional University of Blumenau (FURB),...

  8. A basis for the forest economy conception in the condition of the radioactive contamination

    International Nuclear Information System (INIS)

    Sidorov, V.I.; Chilimov, A.I.; Tikhomirov, F.A.; Shcheglov, A.I.; Panfilov, A.V.

    1992-01-01

    On the basis of data on radiation conditions in fores biogeocenoses, the radionuclide migration and the radionuclide content in forest economy products and the dose commitments to various catego rives the forest economy workers, the main theses are presented to keep it in conditions of the radioactive contamination. The base for the theses are done: about radionuclide migration (Cs-137, Ru-106, Cr-144) through the main components of the forest biogeocinoses; about the Cs-137 distribution of the zoofund lands; about the zone radionuclide contamination; about radionuclide content in the forest economy production about a wood plant radiosensitivity. 8 refs.; 6 tabs

  9. Integrated resource planning in the power sector and economy-wide changes in environmental emissions

    International Nuclear Information System (INIS)

    Shrestha, Ram M.; Marpaung, Charles O.P.

    2006-01-01

    This paper analyzes the roles of key factors (i.e., changes in structure, fuel mix and final demand) on total economy-wide changes in CO 2 , SO 2 and NO x emissions when power sector development follows the integrated resource planning (IRP) approach instead of traditional supply-based electricity planning (TEP). It also considers the rebound effect (RE) of energy efficiency improvements in the demand side and analyzes the sensitivity of the results to variations in the values of the RE. A framework is developed to decompose the total economy-wide change in the emission of a pollutant into four major components, i.e., structural change-, fuel mix- , final demand- and joint-effects. The final demand effect is further decomposed into three categories, i.e., construction of power plants, electricity final demand and final demand related to electricity using equipments. The factor decomposition framework is then applied in the case of the power sector in Indonesia. A key finding in the case of Indonesia is that in the absence of the RE, there would be total economy-wide reductions in CO 2 , SO 2 and NO x emissions of 431, 1.6 and 1.3 million tons respectively during the planning horizon of 2006-2025 under IRP as compared to that under TEP. The decomposition analysis shows that the final demand effect would account for 38% of the total CO 2 emission reduction followed by the structural change effect (35.1%) and fuel mix effect (27.6%) while the joint effect is negligible. The study also shows that economy-wide CO 2 emission reduction due to IRP considering the RE of 45% would be 241 million tons as compared to 333 million tons when the RE is 25%

  10. Integrated resource planning in the power sector and economy-wide changes in environmental emissions

    International Nuclear Information System (INIS)

    Shrestha, Ram M.; Marpaung, Charles O.P.

    2006-01-01

    This paper analyzes the roles of key factors (i.e., changes in structure, fuel mix and final demand) on total economy-wide changes in CO 2 , SO 2 and NO x emissions when power sector development follows the integrated resource planning (IRP) approach instead of traditional supply-based electricity planning (TEP). It also considers the rebound effect (RE) of energy efficiency improvements in the demand side and analyzes the sensitivity of the results to variations in the values of the RE. A framework is developed to decompose the total economy-wide change in the emission of a pollutant into four major components, i.e., structural change-, fuel mix- , final demand- and joint-effects. The final demand effect is further decomposed into three categories, i.e., construction of power plants, electricity final demand and final demand related to electricity using equipment. The factor decomposition framework is then applied in the case of the power sector in Indonesia. A key finding in the case of Indonesia is that in the absence of the RE, there would be total economy-wide reductions in CO 2 , SO 2 and NO x emissions of 431, 1.6 and 1.3 million tons respectively during the planning horizon of 2006-2025 under IRP as compared to that under TEP. The decomposition analysis shows that the final demand effect would account for 38% of the total CO 2 emission reduction followed by the structural change effect (35.1%) and fuel mix effect (27.6%) while the joint effect is negligible. The study also shows that economy-wide CO 2 emission reduction due to IRP considering the RE of 45% would be 241 million tons as compared to 333 million tons when the RE is 25%. (Author)

  11. The state in oil rentier economies: the case of Bahrain

    International Nuclear Information System (INIS)

    Abdulla, K.M.

    1999-01-01

    The word 'rentier' is defined (a rentier economy is one which depends largely on rents that accrue from abroad). The paper concentrates on the activities and economics of rentier economies in general and Bahrain in particular. In a rentier economy, the state is the main recipient of income from abroad, so the state plays a critical role in the spending of the money, thus governing the fabric of society. Bahrain was in a particularly advantageous position since its income per capita was high: statistical data are given to support this. But, recent trends in Bahrain have seen a fall in income from petroleum, and in future it is possible that the private sector will play an increasing role in the economy

  12. Major economies Forum on energy and climate

    International Nuclear Information System (INIS)

    2009-01-01

    The Major Economies Forum is intended to facilitate an open dialogue among major developed and developing economies, help generate the political leadership necessary to achieve a successful outcome at the United Nations climatic change conference in Copenhagen, and advance the exploration of concrete initiatives and joint ventures that increase the supply of clean energy while cutting greenhouse gas emissions. The Forum's second preparatory meeting was held in Paris in May 2009, mainly focused on greenhouse gas emissions reduction actions and objectives, the diffusion of clean technologies, the financing of activities for climate protection and adaptation to climatic change impacts

  13. Knowledge Economy

    OpenAIRE

    Kerr, Aphra; O Riain, Sean

    2009-01-01

    We examine a number of key questions regarding this knowledge economy. First, we look at the origin of the concept as well as early attempts to define and map the knowledge economy empirically. Second, we examine a variety of perspectives on the socio-spatial organisation of the knowledge economy and approaches which link techno-economic change and social-spatial organisation. Building on a critique of these perspectives, we then go on to develop a view of a knowledge economy that is conteste...

  14. Civilizational deadlock of the economy of growth

    Directory of Open Access Journals (Sweden)

    Alatartseva Elena

    2016-01-01

    Full Text Available The key topic of the paper is determined by the crisis situation of the nowadays economic model. Capitalism is the dominant economic form in the global economy. Varieties of capitalism exist ranging from state capitalism to neo liberalism but all are pervaded by a dominant theme, an egocentric economy model or ego-economics. This model is underlain by postulates of the need for a continued growth spurred by end-use. The realisation of this model is provided by monetary approaches and stimulation of consumer demand as the main driver of economic growth. The key tools for stimulating demand in this model of economy are competition, information impact on the consumer consciousness and choices, the massive accessibility of credit, the massive accessibility of financial markets and financial instruments, the actualisation of passive incomes as opposed to creative labour, and other degradation triggering factors. The crowning part of this model is the debt economy of consumption of societies of individualists who do not share traditional systems of values but are guided by illusory, temporary, short-term objectives. Thus, the egocentric economy model established dominance in relation to the ecological economy model, exposing a bulk of contradictions in principles underlying the system and promotes unsustainability. The future turned out to be in jeopardy... The paper contrasts ego-economics and ecoeconomics, traces of the emergence of the first one and the need for the second one as a necessary condition for long-term sustainability.

  15. GREEN ECONOMY AND THE REVERSE LOGISTICS OF WASTE ELECTRICAL AND ELECTRONIC EQUIPMENT

    Directory of Open Access Journals (Sweden)

    Fernando Augusto Silva Marins

    2016-03-01

    Full Text Available From the way globally accepted for economic growth representation of evolution of a country related to the findings of non consideration of environmental assets and liabilities as a measure of occupancy in the economy of the countries, this study suggests a paradigm shift in the operation of the world economy with the implementation of the Green Economy concept seeking the achievement of environmental goals necessary to a level considered optimal in terms of pollution at lower cost to society. The focus of the study is given to the management of waste electrical and electronic equipment (WEEE, particularly in the reverse logistics of WEEE as a potential tool for economic growth maintenance condition with sustainability. A diagnosis on the use of reverse logistics of WEEE in the world is also presented based on research conducted in countries on five continents. At the end of the study it was concluded that the application of reverse logistics in the world is still incipient with no evidence of the use of economic instruments that give opportunity for growth and sustainability. Accordingly, it is emphasized that the management of WEEE practiced in most countries has shown motivation solely on financial profit based on the export / import of waste in a kind of ruse coated green taking into account the environmental and health risks of the population in developing countries or in development, which are the main final destination of WEEE.

  16. Environmental issues elimination through circular economy

    Energy Technology Data Exchange (ETDEWEB)

    Špirková, M., E-mail: marta.spirkova@stuba.sk; Pokorná, E.; Šujanová, J.; Samáková, J. [Paulínska 16, 917 24 Trnava, Slovakia, Slovak University of Technology in Bratislava, Faculty of Materials Science and Technology in Trnava (Slovakia)

    2016-04-21

    Environmental efforts of European Union are currently going towards circular economy. Tools like Extended Producer Responsibility and Eco-design were established. The circular economy deals with resources availability issue on one hand and waste management on the other hand. There are few pioneering companies all over the world with some kind of circular economy practice. Generally the concept is not very wide-spread. The paper aims to evaluate possibility of transition towards circular economy in Slovak industrial companies. They need to have an active approach to material treatment of their products after usage stage. Innovation is another important pre-condition for the transition. Main problem of current cradle to grave system is landfilling of valuable materials after one cycle of usage. Their potential value for next manufacturing cycles is lost. Companies may do not see connection between waste management and material resource prices and volatility of supplies. Municipalities are responsible for municipal waste collection and treatment in Slovakia. The circular economy operates by cradle to cradle principle. Company manages material flow until the material comes back to the beginning of manufacturing process by itself or by another partners. Stable material supplies with quite low costs are provided this way. It is necessary to deal with environmental problems in phase of product design. Questionnaire survey results show on one hand low involvement of industrial companies in waste management area, however on the other hand they are open to environmental innovations in future.

  17. Environmental issues elimination through circular economy

    International Nuclear Information System (INIS)

    Špirková, M.; Pokorná, E.; Šujanová, J.; Samáková, J.

    2016-01-01

    Environmental efforts of European Union are currently going towards circular economy. Tools like Extended Producer Responsibility and Eco-design were established. The circular economy deals with resources availability issue on one hand and waste management on the other hand. There are few pioneering companies all over the world with some kind of circular economy practice. Generally the concept is not very wide-spread. The paper aims to evaluate possibility of transition towards circular economy in Slovak industrial companies. They need to have an active approach to material treatment of their products after usage stage. Innovation is another important pre-condition for the transition. Main problem of current cradle to grave system is landfilling of valuable materials after one cycle of usage. Their potential value for next manufacturing cycles is lost. Companies may do not see connection between waste management and material resource prices and volatility of supplies. Municipalities are responsible for municipal waste collection and treatment in Slovakia. The circular economy operates by cradle to cradle principle. Company manages material flow until the material comes back to the beginning of manufacturing process by itself or by another partners. Stable material supplies with quite low costs are provided this way. It is necessary to deal with environmental problems in phase of product design. Questionnaire survey results show on one hand low involvement of industrial companies in waste management area, however on the other hand they are open to environmental innovations in future.

  18. Environmental issues elimination through circular economy

    Science.gov (United States)

    Špirková, M.; Pokorná, E.; Šujanová, J.; Samáková, J.

    2016-04-01

    Environmental efforts of European Union are currently going towards circular economy. Tools like Extended Producer Responsibility and Eco-design were established. The circular economy deals with resources availability issue on one hand and waste management on the other hand. There are few pioneering companies all over the world with some kind of circular economy practice. Generally the concept is not very wide-spread. The paper aims to evaluate possibility of transition towards circular economy in Slovak industrial companies. They need to have an active approach to material treatment of their products after usage stage. Innovation is another important pre-condition for the transition. Main problem of current cradle to grave system is landfilling of valuable materials after one cycle of usage. Their potential value for next manufacturing cycles is lost. Companies may do not see connection between waste management and material resource prices and volatility of supplies. Municipalities are responsible for municipal waste collection and treatment in Slovakia. The circular economy operates by cradle to cradle principle. Company manages material flow until the material comes back to the beginning of manufacturing process by itself or by another partners. Stable material supplies with quite low costs are provided this way. It is necessary to deal with environmental problems in phase of product design. Questionnaire survey results show on one hand low involvement of industrial companies in waste management area, however on the other hand they are open to environmental innovations in future.

  19. Global Trends of "Green" Economy Development as a Factor for Improvement of Economical and Social Prosperity

    OpenAIRE

    Egorova, Mariya Sergeevna; Pluzhnik, Marina Vladimirovna; Glik, P.

    2015-01-01

    The article covers main reasons of emerging a new type of economy, the "green" economy. The aims and objectives of developing green economy were analyzed. The significance of an economy reform carried out on both national and global levels was evaluated. We analyzed both speed and level of the green economy development in the world and in the most developed countries of the world. An influence of institutional and investment factors on the process of greening economy was studied. The authors ...

  20. Trans-nationalisation Processes in the Ukrainian Economy

    OpenAIRE

    Bolharova Natalya K.; Panevnyk Tetyana M.

    2013-01-01

    The article considers main processes of trans-nationalisation of Ukrainian economy, identifies specific features of trans-national production and explains some theoretical aspects of these issues. It provides main stages of theoretical comprehension of activity of trans-national corporations (TNC), specific features of the theory of competitive advantages of TNC and specifies the basic ones of them. The article conducts analysis of flows of direct foreign investments into the Ukrainian econom...

  1. Monetary Policy Rules in Some Transition Economies

    Directory of Open Access Journals (Sweden)

    Mohamed El-Hodiri

    2014-12-01

    Full Text Available In this paper we examine the question of whither monetary rules or ad hoc monetary policies were followed during the early stages of transition and in response to the global financial crisis. We study Eastern European countries and thee CIS countries. We find that during the early of transition, both developed economies and economies in transition used the monetary base, as well as the interest rate, as the main tools for monetary policy. However, in response to the global crises, priority was given to the main objective such as containing inflation and supporting economic growth. Monetary authorities had the additional possible choice of alternative objectives, such as stabilization of nominal exchange rate and real effective exchange rate, or increase in reserves. It was found that countries mostly retained priorities of monetary policy and some of them gave a greater importance to the alternative objectives.

  2. Policy Pathways: Improving the Fuel Economy of Road Vehicles - A policy package

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-07-01

    The transportation sector accounts for approximately one-fifth of global final energy consumption and will account for nearly all future growth in oil use, particularly for road vehicles. The right policy mix can allow countries to improve the fuel economy of road vehicles, which in turn can enhance energy security and reduce CO2 emissions. Improving the Fuel Economy of Road Vehicles highlights lessons learned and examples of good practices from countries with experience in implementing fuel economy policies for vehicles. The report, part of the IEA’s Policy Pathway series, outlines key steps in planning, implementation, monitoring and evaluation. It complements the IEA Technology Roadmap: Fuel Economy for Road Vehicles, which outlines technical options, potentials, and costs towards improvement in the near, medium and long term.

  3. Rural-urban migration: policy simulations in a dual economy model of Bangladesh.

    Science.gov (United States)

    Ahmed, S

    1986-03-01

    The process of rural-urban migration in Bangladesh is analyzed using a dual economy model. The focus is on the period 1976-1985. The main purpose of the paper is to examine alternative policies designed to reduce the level of such migration without adversely affecting the country's economy.

  4. THE WORKFORCE AND ITS PRODUCTIVITY IN THE FOOD ECONOMY OF THE EU COUNTRIES

    Directory of Open Access Journals (Sweden)

    Aldona Mrówczyńska-Kamińska

    2013-09-01

    Full Text Available The main aim of the article is a comparative analysis of the workforce and its productivity in the food economy of the EU countries in the years 1995 and 2009. The first part of the article analyses the internal structure of the workforce in the food economy and its share in the national economy. In the following part the workforce productivity was estimated, taking into consideration the value of global output and gross value added per employee. The basic source materials used in this study were input-output tables for individual EU countries. The results of the calculations indicate that the internal structure of the workforce in the food economy, its share in the national economy, and the level of the workforce productivity in the EU countries differ considerably. The level of the labour productivity is much higher in the countries of Western and Northern Europe than in the countries of Central and Eastern Europe. It is mainly caused by a structural defect which is due to an excessive workforce in the agricultural sector EU member states.

  5. Recent trends in gas pricing in economies in transition

    International Nuclear Information System (INIS)

    Cornot-Gandolplhe, S.

    1996-01-01

    This paper deals with end-user gas price movements in economies in transition since 1990 and with present problems associated with rising of gas prices levels. The first part stresses the major discrepancies existing between countries in transition with regard to their economic situation and their gas market. Historical gas price movements are shown in the second part, which analyzes the main trends observed in economies in transition and problems encountered when raising the gas prices

  6. Fuel demand on UK roads and dieselisation of fuel economy

    International Nuclear Information System (INIS)

    Bonilla, David

    2009-01-01

    Because of high oil prices, and climate change policy, governments are now seeking ways to improve new car fuel economy thus contributing to air quality and energy security. One strategy is to increase dieselisation rates of the vehicle fleet. Recent trends in fuel economy show improvement since 1995, however, efforts need to go further if the EU Voluntary Agreement targets on CO 2 (a greenhouse gas emission standard) are to be achieved. Trends show diesel car sales have accelerated rapidly and that the advantage of new car fuel economy of diesel cars over gasoline ones is narrowing posing a new challenge. We estimate the demand for new car fuel economy in the UK. In the long-run consumers buy fuel economy, but not in the short-run. We found that long-term income and price changes were the main drivers to achieve improvements particularly for diesel cars and that there is no break in the trend of fuel economy induced by the agreement adopted in the 1990s. Policy should target more closely both consumer choice of, and use of, diesel cars.

  7. UNDERGROUND ECONOMY, INFLUENCES ON NATIONAL ECONOMIES

    Directory of Open Access Journals (Sweden)

    CEAUȘESCU IONUT

    2015-04-01

    Full Text Available The purpose of research is to improve the understanding of nature underground economy by rational justification of the right to be enshrined a reality that, at least statistically, can no longer be neglected. So, we propose to find the answer to the question: has underground economy to stand-alone?

  8. Employment and Work Motivation in the Information Economy: Transformation and Interrelation

    Directory of Open Access Journals (Sweden)

    Azmuk Nadiya A.

    2017-12-01

    Full Text Available The aim of the article is to study and systematize the trends in the transformation of employment and work motivation in the information economy. As a result of the study, the main trends in the transformation of employment in the information economy are identified. The interrelation between the transformation of employment and work motivation is substantiated. A comparative analysis of the main elements of the motivational model in the traditional and information economy is carried out. A new form of interaction between remote digital workers in distributed teams is explored. A new element of the digital labor market – artificial intelligence – is characterized and its role and place in it is defined. Attention is focused on changing the role of artificial intelligence from the labor market object to its subject. There proposed the author’s definition of the concept “employment in the information economy”, which is based on the change in the essential characteristics of employment under the influence of the development of digital technologies. The interrelation between the transformation of employment and work motivation is substantiated. A comparative analysis of the main elements of the motivational model in the traditional and information economy is carried out. A new form of interaction between remote digital workers in distributed teams is explored.

  9. Linear Economy Versus Circular Economy: A Comparative and Analyzer Study for Optimization of Economy for Sustainability

    Directory of Open Access Journals (Sweden)

    Sariatli Furkan

    2017-05-01

    Full Text Available Upon visiting the existing literature on the subject of linear vs. circular economy, this paper finds that, the blueprint of the current economy is hardly sustainable by using the comparative benchmarking method that drained from literature. The intrinsic mechanics of the linear economy, by relying on the wasteful take - make - dispose flow, is detrimental to the environment, cannot supply the growing populace of our planet with essential services and it naturally leads to strained profitability. Elements of a plausible solution to the challenges have been around for decades, although they have only recently been compiled in to the conceptual framework of circular economy. The core ideas of Circular Economy are elimination of waste by design, respect for the social, economic and natural environment and resource-conscious business conduct. Built on the backbone of these principles, the circular economy has demonstrated to deliver tangible benefits and viability to address the economic, environmental and social challenges of our days.

  10. TOURISM AN IMPORTANT SECTOR OF ECONOMY DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Xhiliola Agaraj

    2009-05-01

    Full Text Available Tourism has become an important sector that has an impact on development of country economy. The main benefits of tourism are income creation and generation of jobs. For many regions and countries it is the most important source of welfare. The ability of the national economy to benefit from tourism depends on the availability of investment to develop the necessary infrastructure and on its ability to supply the needs of tourists. Albania has a touristic potential for development of seaside tourism and other alternative forms of tourism. The scope of the paper is to present the impact of tourism on economy and especially on income. paper treats why Albania is an attractive country for investors, and which are the possibilities to invest. Through a questioner scattered in different publics and private institution of Albania are presented major problematical of tourism in Albania

  11. Environmental economy account for Denmark 2003

    International Nuclear Information System (INIS)

    Anon.

    2005-01-01

    The environmental economy account for Denmark shows that the contribution to acidification in Denmark increased with 1% from 2002 to 2003, while the contribution to the greenhouse effect increased with 11,3%. The latter covers an increase of 19,3 % from the energy supply and an increase of 22,4% from Danish ships' bunkering outside Denmark. The environmental account for Denmark presents accounts of the energy consumption (and water consumption) of the industrial branches and the households together with their emission of pollutants to the atmosphere. The account also contains information about the environmental taxes and subsidies that rest with industry and households. Finally, volume and value are presented of the oil and gas reserves in the North Sea. The environmental account combines environmental data with the Danish National Accounts, making it possible to analyse the relation between economy and environment. (ln)

  12. Environmental economy account for Denmark 2004

    International Nuclear Information System (INIS)

    Anon.

    2006-01-01

    The environmental economy account for Denmark shows that the contribution to acidification in Denmark decreased with 5,2% from 2003 to 2004, while the contribution to the greenhouse effect decreased with 4,4%. The reserves of petroleum and natural gas increased in 2004 with 14 b.DKK to 232 b.DKK. The environmental account for Denmark presents accounts of the energy consumption (and water consumption) of the industrial branches and the households together with their emission of pollutants to the atmosphere. The account also contains information about the environmental taxes and subsidies that rest with industry and households. Finally, volume and value are presented of the oil and gas reserves in the North Sea. The environmental account combines environmental data with the Danish National Accounts, making it possible to analyse the relation between economy and environment. (ln)

  13. On the Market Failures during the Development of Low-Carbon Economy

    Institute of Scientific and Technical Information of China (English)

    LU Xian-xiang; KE Zan-xian; ZHANG Yi

    2014-01-01

    Greenhouse gas emissions and the development of low-carbon economy are the biggest market failures,which are mainly manifested in such problems as the low-carbon economy being the world's largest externality,the low-carbon economy being the global public goods,and the free-rider along the development of low-carbon economy.The major reason for the market failures during the development of low-carbon economy is lacking of secured property ownership as well as the greenhouse effect.Thus,in order to establish secured property rights through institutional innovation,it is necessary not only to reduce the exploitation of fossil fuels from the source,but also to allocate the emission rights fairly.To develop the low-carbon economy is faced with market failures,but we can not therefore deny the basic roles of the market mechanism in the development of low-carbon economy,rather to correct and adjust the market through institutional innovations,so as to facilitate the establishment and operation of the low-carbon economy.For the sake of the sustainable development of human society,we have to adjust or change the rules of the resource allocation in the market economy,embedding such factors as emission reduction,low-carbon,environmental protection,etc.into the institutional framework of the market via rules,systems and policies.

  14. Institutional economy applied to the Natural Resources

    International Nuclear Information System (INIS)

    Aguilera klink, Federico

    1999-01-01

    The author intend to show how the perspective of institutional economy, worried about natural resources and the environment, insists in the necessity of a conceptual reconstruction of the concept of economy. This proposal is presented by considering three main aspects essentials for that reconstruction: a) The displacement of the philosophical assumptions of XVIII and XIX countries, b) Reformulation a widening of the meaning of the basic concepts and c) How to complement the marked price analysis with the consideration of social values. After analyzing these aspects it is show how they are applied to the study of natural resources and environmental problems through the notion of social costs

  15. The main steps of the Romanian nuclear power program development - Accumulated experience

    International Nuclear Information System (INIS)

    Chirica, T.; Popescu, D.; Condu, M.; Vatamanu, M.

    1998-01-01

    The paper presents a historical summary of the Romanian Nuclear Power Program development, providing details for the main criteria and principles the Program was based upon, the contracts signed with the foreign partners to implement it, and the national participation (site contractors, suppliers and design organizations). The effect of the equipment assimilation program on the NPP Cernavoda (5x700 MWe) and especially on Unit 1 schedule and performance is analyzed. Further on the impact of the transition from centralized to a market economy over the Romanian Nuclear Power Program development is analyzed, providing information's on its actual status and perspectives for the next 20 years. A description of the NPP Cernavoda Unit 1 actual progress and of the main steps performed by RENEL to get finance to complete NPP Cernavoda Unit 2 is included. Finally there is summarized the accumulated experience, and its feed back on RENEL strategy to complete NPP Cernavoda Unit 2. (author)

  16. STATE REGULATION OF THE NATIONAL ECONOMY OF RUSSIA

    Directory of Open Access Journals (Sweden)

    Vitaly Andreevich Shumaev

    2016-01-01

    Full Text Available The experience in the fi eld of public sector management of the economy, shows the shortcomings identified issues and proposed recommendations to increase the participation of the state in economic development through the expansion of the public sector and the use of innovative industrial policy. The system of economic institutions is recorded in all sectors of the economy. Therefore, the newly formed market institutions are faced with malfunctioning of economic mechanisms and poorly rooted in society. Goal / task. The purpose of this article is to search for the optimal model of management of state sector of economy taking into account modern shortcomings with the purpose of increase of efficiency of activity of economic subjects. The task of this article is to investigate the system of state management of economy in conditions of the worsening economic situation, as well as the search for the optimal model of management of economy of the state. Methodology. In conducting this study the main sources of baseline data were the materials of the state statistics, the works of famous economists. The basis of methodological developments based on comparative methods of analysis. Results. As a result of conducted analysis draws conclusions and makes recommendations aimed at reforming the domestic economy. Conclusions / significance. In the current economic conditions of the state and the new economic realities it is necessary to focus on attracting domestic capital in the Russian economy with the aim of increasing its effectiveness, as well as the analysis of the modern privatisation.

  17. Algal biodiesel economy and competition among bio-fuels.

    Science.gov (United States)

    Lee, D H

    2011-01-01

    This investigation examines the possible results of policy support in developed and developing economies for developing algal biodiesel through to 2040. This investigation adopts the Taiwan General Equilibrium Model-Energy for Bio-fuels (TAIGEM-EB) to predict competition among the development of algal biodiesel, bioethanol and conventional crop-based biodiesel. Analytical results show that algal biodiesel will not be the major energy source in 2040 without strong support in developed economies. In contrast, bioethanol enjoys a development advantage relative to both forms of biodiesel. Finally, algal biodiesel will almost completely replace conventional biodiesel. CO(2) reduction benefits the development of the bio-fuels industry. Copyright © 2010 Elsevier Ltd. All rights reserved.

  18. Exploring the connections between green economy and informal economy in South Africa

    Directory of Open Access Journals (Sweden)

    Suzanne Smit

    2015-11-01

    Full Text Available The notion of an inclusive green economy in the context of sustainable development and poverty eradication requires an approach that engages with the informal economy. However, the informal economy is generally ignored or undervalued in discussions on the green economy. This paper set out to bolster this argument by identifying the ways in which the green economy and the informal economy may be connected by establishing the extent to which policies and plans relating to green economy connect with the informal economy, and recognising several informal green activities. The barriers and opportunities for connecting the two spheres were also explored as well as possible ways in which such activities may be supported at different levels of organisation. In the case of South Africa, many informal green activities that contribute to sustainable livelihoods are recognised. However, issues pertaining to procedure, process and participation hinder the transition to a truly inclusive green economy.

  19. The new architecture of economies' typology within the globalization context

    OpenAIRE

    Popa, Catalin C.

    2009-01-01

    Over viewing the most recently evolutions throughout global economy, we can easily conceive that the collateral effects of economical globalization and market integration, represents the main issues debated in specialized professional or political circles. The first step toward regain the global markets functionality is to review as a sine-qua-non condition, the institutional and functional structure of financial system and global economy system as well. In such context, this paperwork is mea...

  20. Dilemmas and challenges: Development of new private sector in tranisitonal economies: Example Republic of Serbia

    OpenAIRE

    Anđelić, Goran

    2012-01-01

    One of the main questions in modern market ambient is development of new private sector in transitional economies. Private sector represents initial starter for development of every economy in one hand, and in other hand with its development are created real conditions for significant increase in economy of the whole region. Subject of this paper is analyzing conditions and opportunities of market ambient in transitional economies with special focus on Republic of Serbia, through focus of rec...

  1. The Potential of Circular Economy in Sustainable Buildings

    DEFF Research Database (Denmark)

    Malabi Larsen, Leonora Charlotte; Birgisdottir, Harpa; Birkved, Morten

    2018-01-01

    benefits of designing the buildings concrete structure for disassembly, with the purpose of reuse, as well as to exemplify how circular economy can be applied in future building projects. Moreover, the paper aims at suggesting a more industry focused approach towards circular economy in order to seize...... the inherent potentials. As a result, it was found that recycling and energy recovery are the most common circular economy practices in the building industry, even though the economic and environmental benefits of reuse are believed to be much higher. This observation is supported by the findings of the case...... and glass, thereby enabling easier disassembly for both reuse and recycling. However, main challenges preventing the industry from seizing these potentials are identified as: focus on short term goals, complex supply chains, lack of collaboration between stakeholders and absence of a commonly agreed...

  2. ROMANIAN ECONOMY IN THE EUROPEAN CRISIS

    Directory of Open Access Journals (Sweden)

    Aurel Mihuţ

    2012-01-01

    Full Text Available European economy still faces today, one of the worst economic and financial crisis since the Second World War. Economic and financial crisis has spread worldwide with maximum speed, the economies of all Member States of the European Union encountering serious difficulties, both in the banking system and real economy. Romanian economic crisis started in 2008 and the uncertain deadline, is a matter of concern for many people. It is true that today we are witnessing the worst crisis in 80 years. We have an official explanation of the crisis, provided by public institutions, that the problem stems from inappropriate behavior of economic agents: selfishness, greed, speculation and market unable to function smoothly, ensuring proper allocation of resources: information asymmetry, liquidity trap , deflation, etc.On the other hand, most researchers, members of the academic, and private sector analysts argue that state intervention just planted seeds of financial turmoil that cross the present. The recipe prescribed by the authorities can result in mitigation of economic difficulties but, in contrary to their aggravation. The economic crisis is the result of several factors, which mainly include monetary policy errors, distorted economic incentives and pathology of the banking and financial regulatory policy.This paper is to highlight what triggered today's crisis in the Romanian economy, hoping to find a remedy to the problems of the economic, social and political that we face.

  3. Financial Economy and Financial System: Basis of Structural Interconnection

    OpenAIRE

    Khorosheva Olena I.

    2014-01-01

    The goal of the article lies in identification of grounds of interconnection of the financial economy and financial system. The study was conducted with consideration of main provisions of the theory of finance and concept of financial economy, which is a set of means used in the process of reproduction of finance by their owner for formation and / or maintenance of the own system of values in the viable state. For the first time ever the structure of the financial system is identified as an ...

  4. ENVIRONMENTAL ASPECTS OF "GREEN ECONOMY" RUSSIA'S ECONOMIC GROWTH

    Directory of Open Access Journals (Sweden)

    R. N. Botavina

    2016-01-01

    Full Text Available The article tells the story of the emergence of "green" economy, as opposed to the traditional "brown" ekonomike, given its concept shown shortcomings of the existing definitions of "green" economy, conclusions about the real possibilities of the transition to the growth of "green" economy. The relevance of this work lies in the fact that the changing paradigm of understanding the basis and essence of sustainable development of the national socio-economic systems necessitates the integration of economic and environmental solutions, this integration is seen as part of the concept of "green economy".The approach of this article is based on an interdisciplinary concept of quality management in relation to the specifics of functioning and development of the domestic socio-economic systems.The purpose / goal. The purpose of this article, and its main task is to systematize the areas of environmentally oriented development of economic entities, as well as the determination of the list of key provisions of environmental policy, which will provide further socio-economic development of Russia in line with the green economy. As a result, Russia as one of the great powers of the world will find a stable geopolitical situation.Methodology. The methodological basis of this article are comparative, economic and statistical analysis methods.Results. This article suggests some solutions to be included in the national environmental policy as a major incentive for the further transition to a green economy.Conclusions: The material contained in this article show the special role of the concept of "green economy" in the social and economic processes in the development of Russia's geo-economic stability. The above article aspects of the further development of the green economy in Russia can complement scientific and practical base solutions that provide active creation, implementation and use of green technologies to provide environmentally responsible sustainable

  5. Health Information Economy: Literature Review.

    Science.gov (United States)

    Ebrahimi, Kamal; Roudbari, Masoud; Sadoughi, Farahnaz

    2015-04-19

    Health Information Economy (HIE) is one of the broader, more complex, and challenging and yet important topics in the field of health science that requires the identification of its dimensions for planning and policy making. The aim of this study was to determine HIE concept dimensions. This paper presents a systematic methodology for analyzing the trends of HIE. For this purpose, the main keywords of this area were identified and searched in the databases and from among 4775 retrieved sources, 12 sources were studied in the field of HIE. Information Economy (IE) in the world has passed behind four paradigms that involve the information evaluation perspective, the information technology perspective, the asymmetric information perspective and information value perspective. In this research, the fourth perspective in the HIE was analyzed. The main findings of this research were categorized in three major groups, including the flow of information process in the field of health (production. collection, processing and dissemination), and information applications in the same field (education, research, health industry, policy, legislation, and decision-making) and the underlying fields. According to the findings, HIE has already developed a theoretical and conceptual gap that due to its importance in the next decade would be one of the research approaches to health science.

  6. Health Information Economy: Literature Review

    Science.gov (United States)

    Ebrahimi, Kamal; Roudbari, Masoud; Sadoughi, Farahnaz

    2015-01-01

    Introduction: Health Information Economy (HIE) is one of the broader, more complex, and challenging and yet important topics in the field of health science that requires the identification of its dimensions for planning and policy making. The aim of this study was to determine HIE concept dimensions. Methods: This paper presents a systematic methodology for analyzing the trends of HIE. For this purpose, the main keywords of this area were identified and searched in the databases and from among 4775 retrieved sources, 12 sources were studied in the field of HIE. Results: Information Economy (IE) in the world has passed behind four paradigms that involve the information evaluation perspective, the information technology perspective, the asymmetric information perspective and information value perspective. In this research, the fourth perspective in the HIE was analyzed. The main findings of this research were categorized in three major groups, including the flow of information process in the field of health (production. collection, processing and dissemination), and information applications in the same field (education, research, health industry, policy, legislation, and decision-making) and the underlying fields. Conclusion: According to the findings, HIE has already developed a theoretical and conceptual gap that due to its importance in the next decade would be one of the research approaches to health science. PMID:26153182

  7. THE ROLE OF THE BANKING SYSTEM IN THE SUSTAINABLE DEVELOPMENT OF THE ECONOMY

    Directory of Open Access Journals (Sweden)

    IMOLA DRIGĂ

    2006-12-01

    Full Text Available The efficiency of the banking system and financial markets represents a determinant factor for sustainable development. Thus, banks are essential for any modern economy, not only because of their turnovers but also because they provide a number of important functions for the national economy, being the main financier.

  8. EMERGING ECONOMIES: COMPARATIVE ANALYSIS OF MIST AND IBSA COUNTRIES

    Directory of Open Access Journals (Sweden)

    Gonca Oguz Gok

    2016-04-01

    Full Text Available Post Second World War liberal economic order and its institutions have been challenged with the rapidly growing powerful economies of some Asian and Latin American countries in the last decade. Yet, there is ambiguity in international political economy field with regard to conceptualizing and categorizing these emerging economies. This study mainly aims to ravel out this obstacle by offering a new quantitative benchmarking framework. In other words, this study proposes a new evaluation criteria set for assessing emerging economies with combining testable domestic and systematic factors. Accordingly, this study presents the cross-country comparison by using quantitative benchmarking analysis between IBSA -India, Brazil and South Africa- and MIST -Mexico, Indonesia, South Korea and Turkey- countries over the period 2008- 2012. We compare these countries based on the criteria of economic growth, human development index, foreign direct investment, and official development assistance. This study also aims to evaluate the group performance of these newly emerging economies- namely the rise of IBSA and MIST countries-in a comparative perspective. In conclusion, the performance of these countries -from both group-of-country and individual-country perspectives- are discussed in light of the results

  9. Why the New Economy is a Learning Economy

    DEFF Research Database (Denmark)

    Lundvall, Bengt-Åke

    In this paper it is shown that the intense focus on the new economy reflected real change as well as 'hype?. The basic reason why new economy-growth could not be seen as sustainable is that introducing advanced technologies can only take place successfully when it is accompanied by organizational...... change and competence-building among employees. Any strategy that gives technology an independent role as problem-solver is doomed to fail. Danish data of a unique character are used to demonstrate that the key to economic performance is to promote learning at different levels of the economy....... In the conclusion it is argued that there is a need for a new type of knowledge and learning oriented Keynesianism in order to get close to the kind of growth rates characterizing the high days of the new economy adventure in the US....

  10. The Sharing Economy

    DEFF Research Database (Denmark)

    Avital, Michel; Carroll, John M.; Hjalmarsson, Anders

    2015-01-01

    The sharing economy is spreading rapidly worldwide in a number of industries and markets. The disruptive nature of this phenomenon has drawn mixed responses ranging from active conflict to adoption and assimilation. Yet, in spite of the growing attention to the sharing economy, we still do not know...... much about it. With the abundant enthusiasm about the benefits that the sharing economy can unleash and the weekly reminders about its dark side, further examination is required to determine the potential of the sharing economy while mitigating its undesirable side effects. The panel will join...... the ongoing debate about the sharing economy and contribute to the discourse with insights about how digital technologies are critical in shaping this turbulent ecosystem. Furthermore, we will define an agenda for future research on the sharing economy as it becomes part of the mainstream society as well...

  11. Light-duty vehicle fuel economy improvements, 1979--1998: A consumer purchase model of corporate average fuel economy, fuel price, and income effects

    Science.gov (United States)

    Chien, David Michael

    2000-10-01

    The Energy Policy and Conservation Act of 1975, which created fuel economy standards for automobiles and light trucks, was passed by Congress in response to the rapid rise in world oil prices as a result of the 1973 oil crisis. The standards were first implemented in 1978 for automobiles and 1979 for light trucks, and began with initial standards of 18 MPG for automobiles and 17.2 MPG for light trucks. The current fuel economy standards for 1998 have been held constant at 27.5 MPG for automobiles and 20.5 MPG for light trucks since 1990--1991. While actual new automobile fuel economy has almost doubled from 14 MPG in 1974 to 27.2 MPG in 1994, it is reasonable to ask if the CAFE standards are still needed. Each year Congress attempts to pass another increase in the Corporate Average Fuel Economy (CAFE) standard and fails. Many have called for the abolition of CAFE standards citing the ineffectiveness of the standards in the past. In order to determine whether CAFE standards should be increased, held constant, or repealed, an evaluation of the effectiveness of the CAFE standards to date must be established. Because fuel prices were rising concurrently with the CAFE standards, many authors have attributed the rapid rise in new car fuel economy solely to fuel prices. The purpose of this dissertation is to re-examine the determinants of new car fuel economy via three effects: CAFE regulations, fuel price, and income effects. By measuring the marginal effects of the three fuel economy determinants upon consumers and manufacturers choices, for fuel economy, an estimate was made of the influence of each upon new fuel economy. The conclusions of this dissertation present some clear signals to policymakers: CAFE standards have been very effective in increasing fuel economy from 1979 to 1998. Furthermore, they have been the main cause of fuel economy improvement, with income being a much smaller component. Furthermore, this dissertation has suggested that fuel prices have

  12. Hydrogen energy stations: along the roadside to the hydrogen economy

    International Nuclear Information System (INIS)

    Clark, W.W.; Rifkin, J.; O'Connor, T.; Swisher, J.; Lipman, T.; Rambach, G.

    2005-01-01

    Hydrogen has become more than an international topic of discussion within government and among industry. With the public announcements from the European Union and American governments and an Executive Order from the Governor of California, hydrogen has become a ''paradigm change'' targeted toward changing decades of economic and societal behaviours. The public demand for clean and green energy as well as being ''independent'' or not located in political or societal conflict areas, has become paramount. The key issues are the commitment of governments through public policies along with corporations. Above all, secondly, the advancement of hydrogen is regional as it depends upon infrastructure and fuel resources. Hence, the hydrogen economy, to which the hydrogen highway is the main component, will be regional and creative. New jobs, businesses and opportunities are already emerging. And finally, the costs for the hydrogen economy are critical. The debate as to hydrogen being 5 years away from being commercial and available in the marketplace versus needing more research and development contradicts the historical development and deployment of any new technology be it bio-science, flat panel displays, computers or mobile phones. The market drivers are government regulations and standards soon thereafter matched by market forces and mass production. Hydrogen is no different. What this paper does is describes is how the hydrogen highway is the backbone to the hydrogen economy by becoming, with the next five years, both regional and commercial through supplying stationary power to communities. Soon thereafter, within five to ten years, these same hydrogen stations will be serving hundreds and then thousands of hydrogen fuel powered vehicles. Hydrogen is the fuel for distributed energy generation and hence positively impacts the future of public and private power generators. The paradigm has already changed. (author)

  13. Looking at the ‘sharing’ economies concept through the prism of informality

    DEFF Research Database (Denmark)

    Kovács, Borbála; Morris, Jeremy Bryan; Polese, Abel

    2017-01-01

    How do the ‘sharing economies’ relate to the long history of informal economic practices as understood in the social sciences? This article examines conceptions of the sharing economy in terms of its relation to scholarship on informality. By using two case studies of informal economic practices...... that originated in socialist-era societies and continue to the present day in modified forms, we critique the notion that sharing economies are significantly novel in form or logic, other than technologically. We draw attention to the variety of informal economy practices to discuss how they may be socially...... embedded or disembedded. The main focus on global technological leveraging of productivity and connectivity in sharing economy practices would suggest that many aspects are akin to disembedded forms of informality. Scholarship needs to address the ongoing disciplinary parallelism on prefixed ‘economies...

  14. Michel Houellebecq and the International Sexual Economy

    Directory of Open Access Journals (Sweden)

    Douglas Morrey

    2004-01-01

    Full Text Available This paper explores the notion of an ‘international sexual economy’ in the work of the French writer Michel Houellebecq, and particularly his latest novel, Plateforme (2001. Houellebecq suggests that, since westerners no longer have the time or the inclination to sleep with each other, and since those in the third world have nothing to sell but their bodies, the exchange of cash for sex on a truly international scale is likely to represent the most lucrative sector of the global economy in the coming century. Whilst acknowledging the objections to this idea, the paper shows how it is based in a serious analysis of global capitalism which has something in common with the theoretical work of Jean-François Lyotard, in terms of both the postmodern and the libidinal economies. The paper further suggests that the virulent anti-psychologism of Houellebecq’s often brutal worldview implies a (largely undeclared kinship with Friedrich Nietzsche. Finally, it offers an analysis of the ironic narrative strategies in Plateforme that are interpreted as the consequence of trying to criticize the cultural economy without being able to position oneself outside it.

  15. REVIEW OF FDI THEORY IN THE KNOWLEDGE–INTENSIVE ECONOMY

    Directory of Open Access Journals (Sweden)

    Ruslan Harasym

    2013-02-01

    Full Text Available International flow of capital in the form of Foreign Direct Investment (FDI is considered to be the primary form of capital transfer in the global economy. It plays an important role among other forms of international capital flows, due to the intensity of its streams and its strength of impact on local economies. Host countries use FDI to finance activities such as industry restructuring and transfer of technology. The aim of this paper is to present current achievements in the field of theoretical explanations of FDI – its main motives. The article relates also to current selected trends in FDI flows during the economic downturn caused by the recent financial crisis. Above all ,however, this paper aims at showing FDI theories in terms of a knowledge intensive economy.

  16. NAFTA: The Mexican Economy, and Undocumented Migration

    Science.gov (United States)

    2011-10-28

    NAFTA contributed to modest increases in Mexican formal employment since 1994. Since employment constitutes one of the chief factors affecting poverty...any other provision of law , no person shall be subject to any penalty for failing to comply with a collection of information if it does not display a...FINAL 3. DATES COVERED (From - To) 4. TITLE AND SUBTITLE NAFTA , the Mexican Economy, and Undocumented Migration 5a

  17. The offshorization of economy: the present realities

    Directory of Open Access Journals (Sweden)

    Maslak Olga

    2017-01-01

    Full Text Available In this article the essence and main types of offshore zones have been studied. It has been analyzed the main reasons for cooperation with the tax havens, established that the main reason of the Ukrainian economy offshorization is not only the desire of economic entities to optimize taxes, but also the desire to protect their assets from the negative impact of the crisis phenomena in the national economy during 2010-2016. The foreign experience of the anti-offshore regulation has been researched. It has been defined that the general anti-offshore regulation vector should be based on the principles of financial transparency, active cooperation with the international community, an optimal combination of instruments that restrict the capital outflows and the effective instruments that stimulate the business development in the country. It has been also established that the mechanism of deoffshorization should be aimed not only at elimination of the territories with the preferential taxation, but also at receiving benefits from their use on the basis of the existing financial infrastructure of the leading world offshore centers. The experience of China in attracting additional foreign investments, gaining wider access to financial resources through the cooperation with an offshore financial centre has been researched.

  18. Development of integrated models for energy-economy systems analysis at JAERI

    International Nuclear Information System (INIS)

    Yasukawa, Shigeru; Mankin, Shuichi; Sato, Osamu; Yonese, Hiromi

    1984-08-01

    This report, being a revision of the preprint for distribution to participants at IEA/ETSAP Workshop held, at JAERI, Tokyo, March 1984, describes the concept of the integrated models for energy-economy systems analysis now being carried out at JAERI. In this model system, there contains four different categories of computer codes. The first one is a series of computer codes named as E 3 -SD representatively, which are utilized to develop a dynamic scenario generation in a long-term energy economy evolution. The second one, of which the main constituents are the MARKAL, i.e. an optimal energy flow analizer, and the TRANS-I/O, i.e. a multi-sectoral economy analyzer, has been developed for the analysis of structural characteristics embodied in our energy-economy system. The third one is for a strategy analysis on nuclear power reactor installation and fuel cycle development, and its main constituent is the JALTES. The fourth one is for a cost-benefit-risk analysis including various kinds of data bases. As the model system being still under development, but the idea of application of it to such a problem as '' the role of the HTGR in the prospects of future energy supply'' is also explained in the report. (author)

  19. Diversification of the Economy: Institutional Aspects

    Directory of Open Access Journals (Sweden)

    Nataliya Al. Kravchenko

    2017-12-01

    Full Text Available Institutional conditions are significant factors influencing motivation, behavior and performance results of different economic agents, which, in turn, determine directions and dynamics of structural shifts in the economy. There is a wide range of research on influence of various formal and informal institutions on processes of structural dynamics and diversification of economic activity through innovations in particular. We have carried out in-depth analysis of scientific publications on institutional impact at the level of the country as a whole and regions within countries, comparisons of different countries on the impact of institutional factors on production and technological diversification and their connection to economic development. As the main conceptual approaches, we emphasize evolutionary economics, theory of agglomeration economics and new economic geography. Based on the analysis we draw a conclusion, important for Russian economy, about priority directions of changing spatial and product specialization concerning resource regions of Russia. In conclusion of the article perspective directions for the future research on mutual influence of institutions and changes of production and technological structure, which are vital for Russian economy and its regions, are formulated.

  20. Green economy in Norway. What is a Green economy and what will make it possible?; Groenn oekonomi i Norge. Hva er det og hvordan faa det til?

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

    This report was commissioned by the Confederation of Vocational Unions (YS) and WWF-Norway. The report's purpose is to develop an analytical framework to discuss and assess what the green economy is or may be in a Norwegian context, to use the framework to provide an overall assessment of the extent to which Norway and different sectors today can be said to be 'green' and, finally, to outline the conditions, strategies and opportunities for investment in the development of the green economy in Norway.(auth)

  1. Capital investment of overseas Vietnamese to the economy of the Socialist Republic of Vietnam

    Directory of Open Access Journals (Sweden)

    Tyabaev Andrey E.

    2016-01-01

    Full Text Available The paper explores the vital issues of attracting investment from Vietnamese emigrants of different generations to the economy of the present-day Vietnam. We give the definition of the Vietnamese Diaspora (Viet Kieu and a short overview of emigrant waves. In addition, we explain how leaders of the Socialist Republic of Vietnam have interacted with overseas Vietnamese and their organizations in the field of economy over the years. The paper demonstrates geographic differences existing in this type of investment. Further, we outline the measures taken to encourage the Viet Kieu investment in the country’s economy as well as the success rate of these measures. Finally, we specify the barriers to investing in the national economy of Vietnam for “overseas fellow nationals”.

  2. Environmental economy account for Denmark 2001

    International Nuclear Information System (INIS)

    Anon.

    2003-01-01

    The environmental economy account for Denmark shows that the contribution to acidification in Denmark decreased with 11% from 2000 to 2001 while the contribution to the greenhouse effect decreased with 0,4%. The latter must be seen in relation to the fact that the contribution from energy consumption increased with 5,4% and that the contribution from Danish ships' bunkering outside Denmark decreased with 7,7%. The environmental account for Denmark presents accounts of the consumption of energy (and water) of the industrial branches and the households together with their emission of pollutants to the atmosphere. The account also contains information about the environmental taxes and subsidies that rest with industry and households. Finally volume and value are presented for the oil and gas reserves in the North Sea. The environmental account combines environmental data with the Danish National Accounts making it possible to analyse the relation between economy and environment. (ln)

  3. A proposal for a typology of sharing economy

    Directory of Open Access Journals (Sweden)

    Maira Petrini

    2017-10-01

    Full Text Available Purpose: to propose a typology for sharing economy that allows the characterization and classification of its main forms of manifestation. Originality/value: the theme that involves collaborative consumption and sharing economy has wide definitions with no clear establishment of boundaries between them. Part of that definition gap may occur because of the recent emergency of literature on sharing economy. Additionally, the fact that sharing economy and collaborative consumption are the newest buzzwords, several businesses started calling themselves as such. Design/methodology/approach: from the review of the literature, 11 characteristics that describe the theme were identified. In the light of those characteristics, 72 collaborative consumption websites were analyzed, representatives of the 24 collaborative consumption categories proposed by Botsman and Rogers (2010. Findings: three archetypes were identified: 1. new business models represent the new players based on technological platforms, which are the core business of the company, and generate income by charging service fees; 2. redesigned businesses are traditional market models redesigned to present time and price advantages to the consumer; 3. sharing by ideal is the archetype that best represents sustainable consumption alternative models.

  4. Towards a low carbon economy in the Amazon: the role of land-use policies

    NARCIS (Netherlands)

    Verburg, R.W.; Lindoso, D.; Debortolli, N.; Rodrigues Filho, S.

    2011-01-01

    Climate change, rising oil prices and the global financial crisis has put sustainability and ‘green growth’ of the economy on the political agenda. While the transition towards a “low carbon” economy in developed countries like in the European Union should mainly be found in renewable energy

  5. Forms of e-commerce and its place in the system of digital economy

    Directory of Open Access Journals (Sweden)

    A.D. Shemet

    2012-08-01

    Full Text Available The article deals with main forms of e-commerce and its place in the digital economy, gives the characteristic of each. An analysis of research scientists on this issue and proposed the general scheme of the relationship of these forms. The structure of the digital economy and e-commerce site is determined by its composition.

  6. E-COMMERCE DEVELOPMENT IN THE STRUCTURE OF THE INFORMATION ECONOMY OF UKRAINE

    Directory of Open Access Journals (Sweden)

    O. Melnychuk

    2014-09-01

    Full Text Available The paper examines theoretical and practical aspects of emerging information economy in Ukraine. The study elucidates the essence of concepts of "information society", "information economy", "information and communication technologies", "e-commerce". Main trends are highlighted in establishment of the e-commerce market in Ukraine. A package of measures is suggested to improve the situation and processes in the market of electronic commerce.

  7. BACKGROUND AND SUBSTANCE OF DETECTION OF ECOLOGICAL CONFLICTS IN THE ECONOMY

    Directory of Open Access Journals (Sweden)

    Nataliia Chupryna

    2016-11-01

    Full Text Available The purpose of the paper is to study the nature of ecological conflicts in the economy, which, subject to globalization enable (or impossible to solve pollution and the destruction of all elements of the environment. Identify ecological conflicts in the economy borders, which will be decisive in shaping their capabilities and develop alternatives to overcome ecological conflicts. Methodology. The study is based on an analysis of the state of the ecological component of the Ukrainian economy in recent years and the results of the country's industrial enterprises. The work of industrial enterprises may provoke the creation of ecological conflicts. Research findings of leading scientists in this field are also used. Results of the research have made it possible to determine the nature of the identification of ecological conflicts in the economy. Ensure the development and dissemination of ecological conflicts in the dynamics. Developed by constructing a map of ecological conflicts makes it possible to analyze the components of ecological conflicts in more detail and to develop management actions aimed at eliminating environmental conflict in the economy. The necessity of engaging potential ecological conflicts in the future by setting its limits in the economy. Practical implications. Environmental problem, namely a warning or ecological conflicts optimal solution is a prerequisite for the country's development as an integral state with a healthy population that can live in the country and to use its resources freely (within the legislation. However, overcoming ecological conflicts not paid enough attention to both at the state and local level. The main stages of analysis and possible options for the development ecological conflicts become the basis for the formation of government priorities towards the greening of the main industries in the economy. Features of occurrence of each individual environmental conflict, the implementation of research on

  8. Main Science and Technology Indicators, Volume 2012, Issue 2

    Science.gov (United States)

    OECD Publishing (NJ3), 2013

    2013-01-01

    This biannual publication provides a set of indicators that reflect the level and structure of the efforts undertaken by OECD member countries and seven non-member economies (Argentina, China, Romania, Russian Federation, Singapore, South Africa, Chinese Taipei) in the field of science and technology. These data include final or provisional…

  9. United States Energy Association Final Report International Partnership for the Hydrogen Economy Ministerial Conference

    Energy Technology Data Exchange (ETDEWEB)

    William L. Polen

    2006-04-05

    This report summarizes the activities of the United States Energy Association as it conducted the initial Ministerial Meeting of the International Partnership for the Hydrogen Economy in Washington, DC on November 18-21, 2003. The report summarizes the results of the meeting and subsequent support to the Office of Energy Efficiency and Renewable Energy in its role as IPHE Secretariat.

  10. Human error identification for laparoscopic surgery: Development of a motion economy perspective.

    Science.gov (United States)

    Al-Hakim, Latif; Sevdalis, Nick; Maiping, Tanaphon; Watanachote, Damrongpan; Sengupta, Shomik; Dissaranan, Charuspong

    2015-09-01

    This study postulates that traditional human error identification techniques fail to consider motion economy principles and, accordingly, their applicability in operating theatres may be limited. This study addresses this gap in the literature with a dual aim. First, it identifies the principles of motion economy that suit the operative environment and second, it develops a new error mode taxonomy for human error identification techniques which recognises motion economy deficiencies affecting the performance of surgeons and predisposing them to errors. A total of 30 principles of motion economy were developed and categorised into five areas. A hierarchical task analysis was used to break down main tasks of a urological laparoscopic surgery (hand-assisted laparoscopic nephrectomy) to their elements and the new taxonomy was used to identify errors and their root causes resulting from violation of motion economy principles. The approach was prospectively tested in 12 observed laparoscopic surgeries performed by 5 experienced surgeons. A total of 86 errors were identified and linked to the motion economy deficiencies. Results indicate the developed methodology is promising. Our methodology allows error prevention in surgery and the developed set of motion economy principles could be useful for training surgeons on motion economy principles. Copyright © 2015 Elsevier Ltd and The Ergonomics Society. All rights reserved.

  11. Moneyless Economy

    OpenAIRE

    Das, Subhendu

    2012-01-01

    Moneyless economy (MLE) does not have any money in the economy. All products and services are free for all people. This means everybody must work, work for free, and get everything they want for free also. Any work that a society needs is considered legitimate. MLE is not socialism. MLE has the ability to provide a lifestyle that anyone wants. We show that it is possible to run the exact same economy that we have now, in the exact same way, and without money. Any government of any country can...

  12. 78 FR 46799 - Use of Market Economy Input Prices in Nonmarket Economy Proceedings

    Science.gov (United States)

    2013-08-02

    ...The Department of Commerce (``Department'') is modifying its regulation which states that the Department normally will use the price that a nonmarket economy (``NME'') producer pays to a market economy supplier when a factor of production is purchased from a market economy supplier and paid for in market economy currency, in the calculation of normal value (``NV'') in antidumping proceedings involving NME countries. The rule establishes a requirement that the input at issue be produced in one or more market economy countries, and a revised threshold requiring that ``substantially all'' (i.e., 85 percent) of an input be purchased from one or more market economy suppliers before the Department uses the purchase price paid to value the entire factor of production. The Department is making this change because it finds that a market economy input price is not the best available information for valuing all purchases of that input when market economy purchases of an input do not account for substantially all purchases of the input.

  13. The Sharing Economy

    OpenAIRE

    Reinhold, Stephan; Dolnicar, Sara

    2017-01-01

    Peer-to-peer accommodation networks in general, and Airbnb in specific, are frequently referred to as part of the sharing economy. This chapter provides an overview of key characteristics of the sharing economy, discusses how these characteristics relate to peer-to-peer accommodation, and positions peer-to-peer accommodation networks within the sharing economy.

  14. On the creative economy chain in Brazil: potential and challenges

    Directory of Open Access Journals (Sweden)

    ANITA KON

    2016-03-01

    Full Text Available ABSTRACT The article presents an analysis of the Creative Economy in Brazil, showing its development potential for the generation of income and employment, in order to the country's development resumption. They are initially presented concepts and features of the Creative Economy for, in sequence, to analyze the economic development profile and potential of this industry in Brazil. The empirical part introduces some methodological aspects, in continuing with the analysis of the creative chain contribution to the generation of Value Added and employment in the country, and a vision of their foreign trade.potential. Finally, the challenges to the implementation of public policies are investigated.

  15. Analysis of the holistic impact of the Hydrogen Economy on the coal industry

    Science.gov (United States)

    Lusk, Shannon Perry

    As gas prices soar and energy demand continues to grow amidst increasingly stringent environmental regulations and an assortment of global pressures, implementing alternative energy sources while considering their linked economic, environmental and societal impacts becomes a more pressing matter. The Hydrogen Economy has been proposed as an answer to meeting the increasing energy demand for electric power generation and transportation in an environmentally benign way. Based on current hydrogen technology development, the most practical feedstock to fuel the Hydrogen Economy may prove to be coal via hydrogen production at FutureGen plants. The planned growth of the currently conceived Hydrogen Economy will cause dramatic impacts, some good and some bad, on the economy, the environment, and society, which are interlinked. The goal of this research is to provide tools to inform public policy makers in sorting out policy options related to coal and the Hydrogen Economy. This study examines the impact of a transition to a Hydrogen Economy on the coal industry by creating FutureGen penetration models, forecasting coal MFA's which clearly provide the impact on coal production and associated environmental impacts, and finally formulating a goal programming model that seeks the maximum benefit to society while analyzing the trade-offs between environmental, social, and economical concerns related to coal and the Hydrogen Economy.

  16. The impact of migrants' remittances on the Egyptian economy.

    Science.gov (United States)

    Kandil, M; Metwally, M F

    1990-06-01

    "The main objective of this paper is to evaluate the impact of the large remittances made by Egyptian migrants to their home country on the Egyptian economy. In order to study this impact, we use the implications of the standard Keynesian model. We estimated the structural equations of the model using annual data for the Egyptian economy over the period from 1970 to 1984.... The results suggest that remittances have had a strong positive impact on GNP in Egypt." The authors note that remittances especially affect private consumption spending. Policy implications concerning labor migration are discussed. (SUMMARY IN FRE AND SPA) excerpt

  17. Latest 'evaluation of size of economy' for nuclear uses

    International Nuclear Information System (INIS)

    Saito, Shinzo; Kume, Tamikazu; Inoue, Tomio; Takahashi, Shoji

    2008-01-01

    Size of economy for nuclear uses in Japan was evaluated for FY 2005. Nuclear uses are classified into nuclear energy use and radiation utilizations. Nuclear energy use totaled 4.7 trillion yen with nuclear power. Economy size of nuclear power decreased due to disgraceful events and accidents, though 5.5 trillion yen around for FY 2000. Radiation utilizations totaled 4.1 trillion yen mainly with industrial uses (2.3 trillion yen) and nuclear medicine, diagnosis and radiotherapy (1.5 trillion yen). Combined total of uses amounted to 8.9 trillion yen and comparable with 9.5 trillion yen for FY 1997. (T. Tanaka)

  18. Some Aspects of Exit of Ukraine’s Economy from the Crisis

    Directory of Open Access Journals (Sweden)

    Bulyeyev Ivan P.

    2016-02-01

    Full Text Available The analysis of trends both in the global and Ukraine’s economy demonstrates a cyclic, non-linear character of these processes under conditions of absence of a unifying national idea in Ukraine, ignoring institutional features. Ukraine chose a catch-up model of development having not formed corresponding institutions, its own scientific and methodological base, the public-minded elite. The aim of the work is theoretical substantiation of institutional environment contributing to the exit of the economy, industry and business entities from the systemic social and economic crisis. It is necessary: to formulate the goal of the society, its main classes, its elite for a medium term; reconsider the fundamental values of the society; determine the main directions in the development of the economy, industry, social sphere; move from the catch-up strategy to the point advanced one; ensure reduction of the gap in income of extreme decile groups of the population; support fundamental science, education, health care; provide a total increase of the responsibility of managers at all levels on the basis of contracts, programs, roadmaps, monitoring their performance

  19. ASPECTS REGARDING THE ROLE AND FUNCTIONS OF THE STATE, IN ECONOMY

    Directory of Open Access Journals (Sweden)

    Florina POPA

    2017-05-01

    Full Text Available Public Sector Economics - branch of economic science – has, as main object of study, the state policies, the role and importance of its actions in the economic and social life. State involvement in the economic life is relevant through its activities, whereby are occured legal regulations concerning the development of social and economic life, interventions in the market mechanisms, with measures designed to increase economic performance. The implications of the public sector in economy are exhibited in the context of links that they provide between the production and consumption sphere , in the development of flows among economic agents. The actions of the state, respectively of government, both as an economic agent and as regulator of economy, relevant to the role of the public sector, have as main objective, the optimum of resource allocation, so that to obtain a better fulfillment of citizen needs. The study highlights issues referring to the public sector role and implications in economy, market failure and state functions, through which it aims to promote economic and social wellbeing.

  20. Perspectives on Eco Economics. Circular Economy and Smart Economy

    Directory of Open Access Journals (Sweden)

    Cristina Balaceanu

    2017-12-01

    Full Text Available The implementation of sustainable development principles in contemporary economic thinking has generated the conceptual remodeling that expresses the new mechanisms of the economy. Thus, the concept of circular economy meet the theoretical representation of an economic system oriented towards the re-use of waste as raw materials and limiting the production of waste that cannot come back into the economic circuit. Circular economy is one that involves even its concept of operation, recovery and regeneration, as much as possible of resources, aiming to preserve, at the highest level, the value and usefulness of products, components and raw materials, distinguishing between technical and biological cycles. In this way, we can find solutions for two major issues affecting today's economy: the limited nature of resources and the pollution generated by the waste resulting from economic activities.

  1. On Sharing and Quasi-Sharing : The Tension between Sharing-Economy Practices, Public Policy, and Regulation

    NARCIS (Netherlands)

    Ranchordás, Sofia; Albinsson, Pia A.; Perera, B. Yasanthi

    2018-01-01

    This paper offers a critical and comparative overview of the main regulatory and policy challenges faced by regulators in the context of the sharing economy. The regulation of the sharing economy has been particularly challenging as regulators are being asked to balance the interests protected by

  2. Risk management of hazardous substances in a circular economy.

    Science.gov (United States)

    Bodar, Charles; Spijker, Job; Lijzen, Johannes; Waaijers-van der Loop, Susanne; Luit, Richard; Heugens, Evelyn; Janssen, Martien; Wassenaar, Pim; Traas, Theo

    2018-04-15

    The ambitions for a circular economy are high and unambiguous, but day-to-day experience shows that the transition still has many difficulties to overcome. One of the current hurdles is the presence of hazardous substances in waste streams that enter or re-enter into the environment or the technosphere. The key question is: do we have the appropriate risk management tools to control any risks that might arise from the re-using and recycling of materials? We present some recent cases that illustrate current practice and complexity in the risk management of newly-formed circular economy chains. We also highlight how separate legal frameworks are still disconnected from each other in these cases, and how circular economy initiatives interlink with the European REACH regulation. Furthermore, we introduce a novel scheme describing how to decide whether a(n)(additional) risk assessment is necessary with regard to the re-use of materials containing hazardous substances. Finally, we present our initial views on new concepts for the fundamental integration of sustainability and safety aspects. These concepts should be the building blocks for the near future shifts in both policy frameworks and voluntary initiatives that support a sound circular economy transition. Copyright © 2018 Elsevier Ltd. All rights reserved.

  3. Economy and Grace

    DEFF Research Database (Denmark)

    Pedersen, Else Marie Wiberg

    2015-01-01

    Luther develops his idea the grace of God in tandem with his idea of economy, and a society characterized by ethical and social values such as love of neighbour and caring for the poor. Hence, the reformer's search for a gracious God is developed along with his criticism of the current indulgence...... doctrine and the emerging 'oeconomia moderna'. Thus, building on a simul gratia et oeconomia, grace and economy simultaneously, Luther's reformation theology can be perceived as te intersection of an economy of grace and a horizontal social economy (works of love) in quotidian life that together constitute...

  4. Motives for participation in the sharing economy – evidence from Lithuania

    Directory of Open Access Journals (Sweden)

    Grybaitė Virginija

    2016-12-01

    Full Text Available Information and communication technologies enable the emergence of a new phenomenon called the “sharing economy”. An increasing number of articles in the media as well as debates about the positive and negative aspects of the sharing economy show a growing interest in the subject. The paper aims to review the different approaches to the definition of the sharing economy and to present the authors’ views on the concept. The reviewed literature reveals the main drivers for participating in the sharing economy. A survey was conducted to learn more about the motives of Lithuanian people participating in this concept. The survey reveals the following leading factors of using the sharing economy platforms: an easy way to make extra money; supporting individuals and/or small/independent companies; meeting new people and having an interesting experience/doing something most people haven’t tried yet. The survey also reveals that most of the respondents prefer to own things rather than share them. Despite the widespread popularity of the sharing economy platforms in the world, this phenomenon is in its infancy in Lithuania.

  5. Modeling of similar economies

    Directory of Open Access Journals (Sweden)

    Sergey B. Kuznetsov

    2017-06-01

    Full Text Available Objective to obtain dimensionless criteria ndash economic indices characterizing the national economy and not depending on its size. Methods mathematical modeling theory of dimensions processing statistical data. Results basing on differential equations describing the national economy with the account of economical environment resistance two dimensionless criteria are obtained which allow to compare economies regardless of their sizes. With the theory of dimensions we show that the obtained indices are not accidental. We demonstrate the implementation of the obtained dimensionless criteria for the analysis of behavior of certain countriesrsquo economies. Scientific novelty the dimensionless criteria are obtained ndash economic indices which allow to compare economies regardless of their sizes and to analyze the dynamic changes in the economies with time. nbsp Practical significance the obtained results can be used for dynamic and comparative analysis of different countriesrsquo economies regardless of their sizes.

  6. CORPORATE MODEL OF PUBLIC SECTOR OF THE RUSSIAN ECONOMY: TRENDS AND PATTERNS OF DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Olga S. Makarenko

    2017-06-01

    Full Text Available The article reveals the issues of development and functioning of corporate model of public sector of the Russian economy. Today Russia is fully influenced by consequences of entry into world economy. Privatization processes, on the one hand, and increase in intervention of the state in economy, on the other hand, changed composition and structure of the public sector of the Russian economy. Establishment of large state corporations and further increase in scales and directions of Russian government’s policy. These corporations acquired an extensive set of functions, large volumes of state property (federal budgetary funds, different production and financial assets, which ensured their activity in the long run. The state corporations carry out an important role in ensuring stable development of national economic systems for already several years, smoothing the so-called “failures” of the market, and create the necessary conditions for overcoming the crisis phenomena. The author presents the classification of economic sectors consisting of public, municipal and private sectors, studies the character and structure of public sector of the developed foreign countries. The carried-out comparative characteristic of main national models of public sector allowed to reveal the extent of state’s influence on the economy in the North American, Western European and Asian countries, as well as to define the main features of public sector in these countries. The concept and essence of the state corporation, as well as trends of their creation and development are also studied. The author proposes the corporate model of public sector of the Russian economy and defines its main characteristics. The analysis of the conducted research allowed to draw a conclusion on the need of further development of the state corporations and large national companies with the state participation.

  7. Outlook for Japanese economy and energy demand in fiscal year 2015. Will decline in oil price benefit sluggish Japanese economy after tax increase?

    International Nuclear Information System (INIS)

    Yanagisawa, Akira; Ikarii, Ryohei; Iwata, Sohei; Wang, In-Ha; Tomokawa, K.; Shibata, Yoshiaki; Ito, Kokichi

    2015-01-01

    Although prompt economic recovery was expected, after tax increase in April 2014, not so much progress has been made as anticipated. One of the reasons for this is the increase in energy cost due to the decline in LNG price following that of oil price from an international point of view, and the electric rate hike resulted from the delay in restart of nuclear power plant from a domestic point of view, and so on. In this article, the outlook for the Japanese economy and the energy demand in the fiscal year 2015 and the influences of various factors were evaluated. For this evaluation, the values set as the primary premises for the standard scenario were: (1) world economy, (2) CIF prices for importing oil, LNG, and coal, (3) exchange rates, (4) nuclear power generation, (5) electricity demand, and (6) temperature. Then, the influences of following items on economy and energy demand were analyzed: (1) macro economy, (2) production activity, (3) domestic supply of primary energy, (4) final energy consumption, (5) sales amount of electricity and composition of electrical sources, (6) sales amount of city gas, (7) sales amount of fuel oil and LNG, (8) renewable energy power generation, (9) restart rate of nuclear power plant, and so on. (S.K.)

  8. ON ROLE OF INFLATION TARGETING IN RUSSIAN ECONOMY PROGRESS OF LAST YEARS

    Directory of Open Access Journals (Sweden)

    Егор Николаевич Поляков

    2014-03-01

    Full Text Available Author of the article gives an explanation of Russian economy slowing down from 4 quarter 2011 till 3 quarter 2013. According to author reasoning the main problem of Russian economy throughout this period of time was growth of real interest rates. The growth of real interest rate is determined by monetary policy, conducted by Central Bank. The main priority of CB is fight against inflation, which is waged by liquidity shrinkage. The bottom-line is fall of inflation and interest rates growth (including lending rate. Real interest rates are growing drastically. In certain branches of economy (for instance manufacturing real interest rates growth amounted to 10 and more percentage points.CB calls this policy inflation targeting. Besides fight against inflation floating ruble is important feature of this policy. The author made a conclusion that floating ruble when hydrocarbons prices are at historical maximum level is the worst recipe for Russian economy which is strongly dependent from hydrocarbons export revenue. The author compares Russian monetary and budget policy with monetary and budget policy of other countries with distorted export structure, for example Saudi Arabia and Norway. The author came to conclusion that Russian monetary and budget policy combination is unique among countries dependent from hydrocarbons export revenues. Result of this monetary and budget policy is vulnerability toward external shocks, tradable sectors noncompetitiveness, close to zero growth rate of economy and deterioration all branches of Russian economy. Zero net of payment balance while high oil price is economic nonsense. DOI: http://dx.doi.org/10.12731/2218-7405-2014-2-7

  9. Economies: An Open Access Journal for the Field of Development Macroeconomics

    Directory of Open Access Journals (Sweden)

    Ralf Fendel

    2013-01-01

    Full Text Available Economies (ISSN 2227-7099 is a new international, peer-reviewed open access journal for the academic fields of development economics and macroeconomics. While the latter seems to be clearly defined, development economics is not, because it is related to nearly all traditional economic sub-disciplines such as macroeconomics, international trade and finance, as well as microeconomics and public finance. Typically, academic field journals of development economics cover all those economic sub-disciplines. Economies instead focuses mainly on the macroeconomic perspective of economic development and it intends to publish academic research that is of strong macroeconomic policy relevance. In general, contributions in Economies should foster understanding of the macroeconomic process of economic development, with the process of development not exclusively being reserved to what we typically call developing countries. Also, the group of developed economies is still developing in the sense of improving their living standards further.

  10. www.FuelEconomy.gov

    Data.gov (United States)

    U.S. Environmental Protection Agency — FuelEconomy.gov provides comprehensive information about vehicles' fuel economy. The official U.S. government site for fuel economy information, it is operated by...

  11. The political economy of energy use and pollution: the environmental effects of East-European transition to market economy

    Energy Technology Data Exchange (ETDEWEB)

    Midttun, A.; Chander, I. [Norwegian School of Management, Sandvicka (Norway)

    1998-11-01

    The transition of Eastern Europe to Western-type liberal capitalism has been interpreted as an important step towards a more ecologically sustainable Europe. The main argument has been that the energy efficiency of the West-European economy will be imported to Eastern Europe and lead to lower energy consumption and lower pollution. This line of argumentation seems sound as far as the industrial sector is concerned. However, it does not take into consideration the energy and pollution bill of the lavish lifestyle of modern consumer-oriented societies. A shift away from the moderate private consumption of East-European Communism, towards the Western consumerist lifestyle may diminish or even abolish the positive ecological effects of the East-European transition to a competitive market economy. The article explores energy consumption and pollution patterns of Eastern and Western Europe both as far as industrial and domestic end-user consumption is concerned. The article argues that these patterns are related to basic characteristics of the communist and capitalist systems and that pollution and energy use are fundamentally conditioned by the overall political economy. 18 refs., 14 figs., 1 tab., 1 app.

  12. Political Economies Come Home: On the Political Economies of Housing

    DEFF Research Database (Denmark)

    Alexander, Catherine; Bruun, Maja Hojer; Koch, Insa

    2018-01-01

    The concept of moral economies of housing centres and links the Introduction and contributions to the Special issue. A number of themes emerge. First, a variety of moral communities exist, sometimes rivalrous, sometimes internally riven, sometimes with expectations of reciprocal obligations. We...... obligations at multiple levels. Second, several actors appear, or are invoked as authorities to be appealed or performed to for satisfaction of rights, from state bodies and individuals to banks, third sector and collective organisations and social movements. Third there is often lack of clarity over how...... to assert rights or engage with authorities. Two final characteristics are the loss of a perceived moral right to a secure home and a sense of betrayal. In some places, housing conflicts lead to protests and resistance as people perform this sense that political and economic elites have violated or reneged...

  13. Alignment of Labor Skill from the Political Economy

    Directory of Open Access Journals (Sweden)

    Marianela Bermejo-Salmon

    2015-12-01

    Full Text Available The general objective of this article is to perform an organizational study the alignments process of the labor skill to the organization of the work from the Political Economy. This research was based on the method of the materialistic conception of history and interview techniques, opinion questionnaires and team work, among others. The main results obtained allowed to demonstrate how; supported by the object (the functions and the method of study of Political Economy, the fundamental contradictions of cultural, centralization and subjectivity, economic and administrative or managerial direction are treated; the ones which can stop the before referenced process, as well as their forms of manifestation and consequences for entities in the current context.

  14. Will the Steam Coal Price Rebound under the New Economy Normalcy in China?

    Directory of Open Access Journals (Sweden)

    Xiaopeng Guo

    2016-09-01

    Full Text Available The steam coal price in China has been continuously decreasing since the second half of 2012. Constant low price of coal will accelerate the development of thermal power, cause more serious air pollution problems, and bring adverse influence to China’s energy reformation in the future. Therefore, analyzing the factors underlying the phenomenon of the decreasing steam coal price is significant. In this study, we first qualitatively analyze five main factors, namely, economy, supply, demand, substitutes, and port stocks. On the basis of the relationships among these five factors, we obtain the causality diagram and the system flow diagram of coal price for further quantitative research. Then, we conduct an empirical analysis using the system dynamics (SD method and determine the simulated price from 2012 to 2017. Finally, we discuss the running results and come to the conclusion that the steam coal price will continue to decrease under the combined actions of the five main factors and it will not rebound in the near future.

  15. THE PLACE OF THE EMERGING ECONOMY OF ROMANIA INSIDE THE EUROPEAN UNION ECONOMIES IN TERMS OF FTSE CRITERIA

    Directory of Open Access Journals (Sweden)

    Mardiros Daniela-Neonila

    2011-12-01

    Full Text Available The importance of this research lies from the need to know the economies developed, emerging and frontier of the European Union and the mode of their manifestation according to the market indicators. Consequently, we had in mind a presentation of the economies in the categories mentioned above framed in terms of market criteria used by FTSE Group, a provider of stock market indices and associated data services. Using data from a series of reports published by FTSE we made an analysis of how each of the considered economies and in particular Romania, acts according of these. Was taken into consideration criteria as: market and regulatory environment (formal stock market regulatory authorities actively monitor market; fair and non-prejudicial treatment of minority shareholders; non or selective incidence of foreign ownership restrictions; free and well-developed equity market; no objections or significant restrictions or penalties applied on the repatriation of capital; free and well-developed foreign exchange market; non or simple registration process for foreign investors; custody and settlement (settlement-rare incidence of failed trades; custody-sufficient competition to ensure high quality custodian services; clearing and settlement; stock lending permitted; settlement-free delivery available; custody-omnibus account facilities available to international investors; dealing landscape (brokerage-sufficient competition to ensure high quality broker services; liquidity-sufficient broad market liquidity to support sizeable global investment; transaction costs-implicit and explicit costs to be reasonable and competitive; short sales permitted; off-exchange transactions permitted; efficient trading mechanism; transparency; derivates (developed derivatives market. The final part of the paper is reserved to the understanding of the mode in which each of the considered economies of the European Union, including Romania and regardless of what category

  16. Can circular economy be an answer to the depletion of natural resources?

    International Nuclear Information System (INIS)

    Dufour, Alma

    2014-08-01

    After having outlined that high rise of raw material prices threatens world economy, and that present consumption modes contribute to a fast depletion of natural resources, the author presents the concept of circular economy which relies on a double process: a systematic decrease of raw material input and of energy and water flows used for production, and an extension of product lifetime through the development of their repair, their re-use and their recycling. She outlines that these principles are closer to the Brundtland report which introduced the notion of sustainable development, than to the Meadows report which advocates a stoppage of demographic growth and of economic growth. She shows that circular economy is a more relevant and credible answer to the stake of sustainable development than solutions proposed by the economic sphere. She comments the present dynamics of circular economy which is still at an experimental stage. As the world system seems to be stuck in the linear system, she discusses whether developing countries are better placed for a transition towards circular economy. She finally analyses and describes the role of markets, governance and regulation as levers for such a transition

  17. Consumer evaluation of imported organic food products in emerging economies in Asia

    OpenAIRE

    Pedersen, Susanne; Aschemann-Witzel, Jessica; Thøgersen, John

    2017-01-01

    Consumer evaluation of imported organic food products in emerging economies in Asia Introduction Consumers in emerging economies such as Thailand and China have started to demand organic food products – mainly due to food safety reasons (Ortega, Wang, Wu, & Hong, 2015; Roitner-Schobesberger, Darnhofer, Somsook, & Vogl, 2008; C. L. Wang, Li, Barnes, & Ahn, 2012; O. Wang, De Steur, Gellynck, & Verbeke, 2015). However, since the domestic organic markets are still not well-establi...

  18. RE-EXAMINATION OF THE PURCHASING POWER PARITY IN CENTRAL AND EASTERN EUROPEAN ECONOMIES

    Directory of Open Access Journals (Sweden)

    Ahmad Zubaidi Baharumshah

    2011-02-01

    Full Text Available The empirical record on PPP tests for transition economies is far from being so opulent as it is for the developed market economies. This paper attempts to fill this gap by scrutinizing the theory of PPP on a sample of Central and Eastern European economies. The paper has two main advances with respect to previous PPP studies. First, it employs a monthly data base on real exchange rates for a panel of 12 Central and Eastern European economies by testing the theory separately with respect to US dollar and with respect to Euro. Second, we utilise a panel unit root test that involves the estimation of the ADF regression in a SUR framework. Since our study found support for the validity of PPP in some reforming European economies, special attention should be devoted to individual country-specific factors that cause PPP deviations.

  19. Political economies and environmental futures for the sharing economy

    NARCIS (Netherlands)

    Frenken, Koen|info:eu-repo/dai/nl/207145253

    2017-01-01

    The sudden rise of the sharing economy has sparked an intense public debate about its definition, its effects and its future regulation. Here, I attempt to provide analytical guidance by defining the sharing economy as the practice that consumers grant each other temporary access to their

  20. Introduction Of Techno-Economy

    International Nuclear Information System (INIS)

    Park, Woo Hui

    2001-08-01

    This book gives descriptions of science, technology and techno-economy, invention and science and technology in the Twenty-First century, theory and model of technological innovation, technology and economy technology and industry, technology and business, spread and transfer of technique, technology and international economy, science, technique and culture, science, technology and government, development of technology in Korea and developing countries, and conclusion on the past and the future of techno-economy.

  1. CONSUMPTION-BASED ECONOMY. THE CASE OF ROMANIA IN THE LAST TWO DECADES

    Directory of Open Access Journals (Sweden)

    Mihai COSTEA

    2016-09-01

    Full Text Available Romania has entered an era of consumption and its stimulation remains one of the solutions always initiated to support the national economy, especially given that exports are declining due to euro-market problems - the main market for Romanian products.In this context, this paper aims to make a foray in time, starting with the issue of de-industrialization of Romania and subsequently with the transformation of Romanian economy into a tertiary one, accompanied by the simultaneous development of the economy based on consumption. In other words, the role of this paper is to present (using statistical data, the causes of de-industrialization of Romania, elements on the evolution of the tertiary industry, and some features and pitfalls of consumer-based economy. Also, the content of this article does not hesitate to emphasize the author's personal views about the studied phenomenon.

  2. Convergence and Distributions of Income in Large European Economies

    Directory of Open Access Journals (Sweden)

    Michał Kruszka

    2010-12-01

    Full Text Available The aim of this paper is an empirical analysis of the convergence process in the years 1993–2008 and the impact of economic growth on income distribution in selected European Union countries. Considering this fact one can state that research was conducted from the perspective of EU citizens. The crucial hypothesis of this paper is statement that convergence is differently perceived in terms of entire economies, and gives a different picture from the perspective of the single citizen of the selected country. The analysis was carried out in several stages. Initially, the authors referred to the classical convergence hypotheses (unconditional β and σ convergence within the EU-27, then the same assumptions were examined taking into account population – weighted indicators. However, the main aim of research undertaken in this study was to investigate the individual within – country distribution of income for the initial and final period, which allowed to answer the question whether faster growth of the ‘new EU’ was accompanied by reduction of inequalities within analyzed economic systems.

  3. Global Innovation in Emerging Economies | CRDI - Centre de ...

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

    21 déc. 2010 ... There are mainly two new trends: the location of globally strategic R&D by multinational corporations in developing countries and, more recently, the trend for companies in emerging economies to perform R&D to develop products and services for global markets. These trends are occurring in a dynamic ...

  4. From Ownership to Access: How the Sharing Economy is Changing the Consumer Behavior

    Directory of Open Access Journals (Sweden)

    Cătălin Mihail Barbu

    2018-05-01

    Full Text Available Promoting the principles of circular economy and the new business models advocated by the circular economy can represent a solution for a more prosperous society, less dependent on primary and energy resources and more environmentally friendly. The sharing economy, which primarily involves the transformation of traditional market behaviors into collaborative consumption models, that ensure a more efficient and sustainable use of resources, is part of the circular economy and has generated business models that are compatible with it. This article discusses the possibility for the sharing economy to bring about profound changes in consumer behavior towards products and services and to highlight the factors that drive consumers’ shift towards the sharing economy. For this purpose we developed and tested a model in which the change in consumer mindset has as the main direct determinants the satisfaction with the services of the sharing economy and the intention to access such products and services. The study uses data collected through a questionnaire, applied to a sample of 320 customers of Uber – a symbol of the sharing economy, and processed using structural equation modelling. Research results show that there are premises for switching to an access-based consumption model

  5. RECIPROCITY IN THE ECONOMY OF THE AGE OF SILICON ECONOMY SYSTEMS TO EARLY EXPERIENCES CURRENT SOLIDARITY ECONOMY

    Directory of Open Access Journals (Sweden)

    Horacio, Simes

    2012-01-01

    Full Text Available Reciprocity is an integrating principle of supportive economy activities. In non-capitalist societies, it has been realized through the participation of certain institutional arrangements that favored the stability of exchange relations. Progress towards capitalist societies and deepening them, dissolved many of these institutional supports, while economy relations separated from other social relations in which it was first inserted. In addition, the selfish individual was become an active participant in the economy life of society. With the construction of market economies and state regulation, reciprocal relationships were being reduced to a lower field activities. Under these circumstances, they should investigate how reciprocity is manifested today, the institutional arrangements that are suitable to give stability and unity to cooperative behavior and the dynamics of their relationship to the context of the market and the state.

  6. The NNP and Sustainability in Open Economy: Highlights on Recent World Economy and on Open Economy of Bangladesh

    OpenAIRE

    Mohajan, Haradhan

    2011-01-01

    This paper discusses the theory of the net national product and, emphasizes on social welfare and sustainable accounting in open economy. It is observed that the world economy following an egalitarian path, the aggregate capital gains being positive is equivalent to the interest rate tending to decrease. This is important for the concept of net national product in open economies. Martin Weitzman gives a foundation for net national product as the stationary equivalent of a wealth maximizing pa...

  7. Knowledge Economy Core Journals: Identification through LISTA Database Analysis.

    Science.gov (United States)

    Nouri, Rasool; Karimi, Saeed; Ashrafi-rizi, Hassan; Nouri, Azadeh

    2013-03-01

    Knowledge economy has become increasingly broad over the years and identification of core journals in this field can be useful for librarians in journal selection process and also for researchers to select their studies and finding Appropriate Journal for publishing their articles. Present research attempts to determine core journals of Knowledge Economy indexed in LISTA (Library and Information Science and Technology). The research method was bibliometric and research population include the journals indexed in LISTA (From the start until the beginning of 2011) with at least one article a bout "knowledge economy". For data collection, keywords about "knowledge economy"-were extracted from the literature in this area-have searched in LISTA by using title, keyword and abstract fields and also taking advantage of LISTA thesaurus. By using this search strategy, 1608 articles from 390 journals were retrieved. The retrieved records import in to the excel sheet and after that the journals were grouped and the Bradford's coefficient was measured for each group. Finally the average of the Bradford's coefficients were calculated and core journals with subject area of "Knowledge economy" were determined by using Bradford's formula. By using Bradford's scattering law, 15 journals with the highest publication rates were identified as "Knowledge economy" core journals indexed in LISTA. In this list "Library and Information update" with 64 articles was at the top. "ASLIB Proceedings" and "Serials" with 51 and 40 articles are next in rank. Also 41 journals were identified as beyond core that "Library Hi Tech" with 20 articles was at the top. Increased importance of knowledge economy has led to growth of production of articles in this subject area. So the evaluation of journals for ranking these journals becomes a very challenging task for librarians and generating core journal list can provide a useful tool for journal selection and also quick and easy access to information. Core

  8. THE NEW ECONOMY AND THE ECONOMY OF TOURISM

    Directory of Open Access Journals (Sweden)

    MIRELA MAZILU

    2011-01-01

    Full Text Available Together with the Internet, e-business and the new economy era, in general, fundamental transformation of the social and economic structure take place. In parallel, the assaults on the standard economic science amplify, in the sense of some conceptual reformulations and of some reinterpretations of the economic phenomena and laws. Besides the classical factors of production, work and capital, information is added, either as a distinct factor or as a detached one of the two mentioned. Also, the empiric findings regarding the so-called tertiarisation of the economy or the increase of the share of the services sector in the total of the national economy, as well as the so-called intangible investments in the total of the investment funds, have lead to numerous attempts of redefining what we call today a "modern economy". Other factors with major influence, regarding the adjustment of the economic science to the new trends from the real economy, refer to the following: the liberalisation of the international exchanges and the globalisation; the growth of the importance of the so-called free time (including here the household activities and the ones unfolded in the interest of the community, entertainment, but also the time destined to the development of the degree of culture and education on one's own and the fluidisation of the limits of differentiation between this and the work activity in the formal sector as well as the informal one; the more rapid dynamic of the financial and banking markets than the so-called classic productive sector of the economy; the extension of the use of computers and of the means and techniques of communication, in the activity of the companies as well as in the households, and the impact on the structure of the time and the financial budget of the population etc. All these have an impact on the tourism unfolding.

  9. The energy economy

    International Nuclear Information System (INIS)

    Meritet, Sophie; Vaujour, Jean-Baptiste

    2015-01-01

    This introduction to the economy of energy applies the main economic concepts to the energy sector (nature of the good, supply, demand), proposes an overview of existing actors, and analyses challenges and tools of economic policy like network regulation, competition policy, independence and energy transition. By using recent examples, statistics and international comparisons, it gives elements to highlight issues like the relationship between shale gas exploitation and economic recovery in the USA, the choice between monopole and competition for electricity or gas supply, reaching greenhouse gas emissions of the energy sector by incentives or taxes, secure energy supplies in a changing international environment, ways to supply energy to everyone at prices guaranteeing economy competitiveness, or ways to evolve towards energy systems which would be more environment- and climate-friendly. The successive chapters address fundamentals issues (nature of the good, historical and technical overview), the State intervention (definition of an energy policy, steering the energy mix, ensuring secure supply), the reorganisation of industries and the protection of consumers, the relationship between energy and climate (worrying perspectives, progressive emergence of solutions). The last chapter addresses the future challenges like innovation, and disruptive innovations (smart grids, big data, batteries, CO 2 capture and storage, nuclear waste processing and management, development of nuclear fusion), and the issue of energy poverty

  10. ECONOMIC GROWTH BASED ON INNOVATIVE DEVELOPMENT IS THE BASIS OF MACROECONOMIC STABILIZATION AND SUSTAINABILITY OF THE NATIONAL ECONOMY

    Directory of Open Access Journals (Sweden)

    N. Ya. Kazhuro

    2017-01-01

    Full Text Available When the global community entered in the XXI century world emerging economy is more clearly considered as post-industrial, where a leading sector of the economy in the GDP production is not agriculture and not even industry but services. The main productive resource in such circumstances is not natural and productive capital but human capital, which is represented by storage of knowledge and skills accumulated by a person in the process of training and previous employment. Value of this capital is directly dependent on the level of education both general and professional. Human intellect becomes a main factor of production and professional. If the level is higher it means that such person can perform more valuable types of work for expand wealth of the country and it is transformed into intellectual capital. Consequently, a special market is formed that is a market of intellectual capital. An offer in this market is represented by labor with a high level of intellectuality and innovativeness and it has, in its turn, high market value. Well-handled components of human capital contribute to scientific-technical and social progress of the society, its sustainable economic development as the main types of final products unlike with previous stages of development are information and knowledge and the main factor of economic growth is productivity of mental labor workers. It is human capital that is one of the main factors ensuring transition to V and VI technological paradigms under current conditions. These paradigms are underlying a solid foundation for formation of new intellectual and information society. New knowledge and information technologies are making a breakthrough not only in the direct production of commodities but in the non-manufacturing sector as well (education, health, trade, finance etc..

  11. Europe - the first hydrogen economy?

    International Nuclear Information System (INIS)

    Hart, D.

    1999-01-01

    An examination of the state of research relating to hydrogen production and utilization indicates that interest in hydrogen from major companies in Europe has increased by several orders of magnitude in recent years. Of the three major areas where a hydrogen economy could be expected to start, namely, Japan, the United States and Europe, the latter may have advantages in diversity of resources, attitudes towards environmental issues and specific fiscal and regulatory structures. Examples of ongoing research and development projects in Europe include Norway's hydrogen combustion turbine to run on hydrogen from decarbonised natural gas, a project in the Netherlands involving mixing hydrogen and methane in the natural gas grid and a variety of projects involving liquid hydrogen refuelling, hydrogen aircraft, hydrogen fuelling stations and fuel cell vehicle development. There are also ongoing projects in carbon sequestration and hydrogen production for power generation and vehicle use. The author's main contention is that the combination of natural surroundings, environmental problems and attitudes, and business and government frameworks strongly suggest that Europe may be the first to have a hydrogen-based economy. 8 refs

  12. Economy class syndrome: still a recurrent complication of long journeys.

    Science.gov (United States)

    Feltracco, Paolo; Barbieri, Stefania; Bertamini, Francesca; Michieletto, Elisa; Ori, Carlo

    2007-04-01

    Economy class syndrome is a rare but still unavoidable complication of long haul flights, particularly in patients who carry various intrinsic risk factors. The tendency to affect even asymptomatic young people and the greater risk to fragment and propagate to the pulmonary circulation are the main characteristics of deep vein thrombosis of long-flight travelers. We report the clinical history of eight patients admitted to intensive care unit for confirmed or highly suspected economy class syndrome. Seven of them developed the syndrome within 72 h from a long return flight, one suffered from pulmonary embolism after a 12-h car trip. Two out of eight patients died, one because of extremely severe hemodynamic impairment, the other as a consequence of multiple organ failure caused by a concomitant myocardial infarction. Deep vein thrombosis and pulmonary embolism represent one of the main medical problems of air travel and cause almost 20% of deaths in people with no medical history. Although economy class syndrome occurs mostly in elderly, even the healthy young population can be affected and, in fact, three out of eight patients of our series were under 50 years of age. All our patients but one carried a well recognized risk factor for deep vein thrombosis. Clinical symptoms of deep vein thrombosis can sometimes be aspecific and confusing, so that a certain proportion of post-travel deep vein thrombosis, evolving favorably and not giving rise to pulmonary embolism, might effectively remain undiagnosed. Economy class syndrome is still quite difficult to deal with and controversial in terms of preventive strategies.

  13. THE TIMELINESS OF FINANCIAL REPORTING IN THE CONTEXT OF EUROPEAN UNION’S EMERGING ECONOMIES

    Directory of Open Access Journals (Sweden)

    Andra GAJEVSZKY

    2013-12-01

    Full Text Available Purpose- This research aims to investigate the timeliness of financial statements of the companies across the European Union‘s emerging economies. Research Design- Out of the emerging economies from European Union, the following sample was constituted: the companies listed on Bucharest Stock Exchange, Warsaw Stock Exchange, Prague Stock Exchange and Budapest Stock Exchange, no matter what tier. The final sample, after eliminating the financial institutions and the entities which were not listed in all the studied years (2008-2012, consists of 37 companies. Findings- While comparing the results of this research with those from prior literature, it can be noticed a slightly decrease of days delay in the case of the analyzed emerging economies. Moreover, consistent with other researchers` findings, companies audited by a Big 4 auditor and with a qualified opinion in the auditor`s report, publish their financial results later than entities which have a favourable audit opinion. Value/Practical Implications- This study highlights the importance of financial statements` timeliness in the context of four European Union`s emerging economies, economies which are known for their delay in publishing their financial results compared to the market economies.

  14. Growing a market economy

    Energy Technology Data Exchange (ETDEWEB)

    Basu, N.; Pryor, R.J.

    1997-09-01

    This report presents a microsimulation model of a transition economy. Transition is defined as the process of moving from a state-enterprise economy to a market economy. The emphasis is on growing a market economy starting from basic microprinciples. The model described in this report extends and modifies the capabilities of Aspen, a new agent-based model that is being developed at Sandia National Laboratories on a massively parallel Paragon computer. Aspen is significantly different from traditional models of the economy. Aspen`s emphasis on disequilibrium growth paths, its analysis based on evolution and emergent behavior rather than on a mechanistic view of society, and its use of learning algorithms to simulate the behavior of some agents rather than an assumption of perfect rationality make this model well-suited for analyzing economic variables of interest from transition economies. Preliminary results from several runs of the model are included.

  15. Management of the Structural Transformation of Regional Economy

    Directory of Open Access Journals (Sweden)

    Khamid Nurislamovich Gizatullin

    2018-03-01

    Full Text Available The article presents the research of the structural transformation of the economy. The authors have formulated the theoretical concept and the basic reasons for structural transformation of the economy in regions. According to the authors’ approach, the economy should function as a whole system. This defining principle is aimed at the systemic effect. The loss of regions’ control, and, in some cases, deviation from the national goals are the main reasons for the reduction in the Russian economic efficiency. As a result of the liberalization of the economy, the principle of selective investments has become the dominant one as a result of the liberalization of the economy. It broke the synergetic principle used for the formulation of economic strategy. The authors recommend to structure an efficient economy on the basis of the specificity of the economic situation due to its internal state and international realities. We also advise to achieve the balance between regional development and the development of country’s economic competitiveness. The article substantiates the need to overcome the growth of negative trends. These trends are due to the deformation of the most important economic principles and relationships as a result of weakness in the structural and investment policy. Thus, the high-priority task is the orientation of economic development to ensure the technical and technological independence of the economic system. This strategy contains the determining directions for the next development stages. We propose to focus the modernization of the structure of regional economy on the combination of the conceptual foundations of the federal structural policy and regional conditions for its implementation. Regional economy should balance economic initiative and independence in terms of the methods and means for its implementation. We recommend to combine the economic growth with the regional environmental management and the regulation of

  16. From war economies to peace economies in Africa | Broodryk ...

    African Journals Online (AJOL)

    One reason for the persistence and protracted nature of conflict on the. African continent is the phenomenon of war economies. These have transformed the nature of war itself where the object is not at neutralizing an enemy but to institutionalize violence at a profitable level of intensity. Transforming war economies into ...

  17. Progress in integrated energy-economy-environment model system development

    International Nuclear Information System (INIS)

    Yasukawa, Shigeru; Mankin, Shuichi; Sato, Osamu; Tadokoro, Yoshihiro; Nakano, Yasuyuki; Nagano, Takao

    1987-11-01

    The Integrated Energy-Economy-Environment Model System has been developed for providing analytical tools for the system analysis and technology assessments in the field of nuclear research and development. This model system consists of the following four model groups. The first model block installs 5 models and can serve to analyze and generate long-term scenarios on economy-energy-environment evolution. The second model block installs 2 models and can serve to analyze the structural transition phenomena in energy-economy-environment interactions. The third model block installs 2 models and can handle power reactor installation strategy problem and long-term fuel cycle analysis. The fourth model block installs 5 models and codes and can treats cost-benefit-risk analysis and assessments. This report describes mainly the progress and the outlines of application of the model system in these years after the first report on the research and development of the model system (JAERI-M 84 - 139). (author)

  18. The Collaborative Economy

    DEFF Research Database (Denmark)

    Avital, Michel; Andersson, Magnus; Nickerson, Jeffrey

    2014-01-01

    An economy based on the exchange of capital, assets and services between individuals has grown significantly, spurred by proliferation of internet-based platforms that allow people to share underutilized resources and trade with reasonably low transaction costs. The movement toward this economy...... of “sharing” translates into market efficiencies that bear new products, reframe established services, have positive environmental effects, and may generate overall economic growth. This emerging paradigm, entitled the collaborative economy, is disruptive to the conventional company-driven economic paradigm...... as evidenced by the large number of peer-to-peer based services that have captured impressive market shares sectors ranging from transportation and hospitality to banking and risk capital. The panel explores economic, social, and technological implications of the collaborative economy, how digital technologies...

  19. The Geography of the Knowledge Economy in Denmark:

    DEFF Research Database (Denmark)

    Skytt, Christine Benna

    2011-01-01

    Knowledge, and its centrality in contemporary economic activities, has been the pivotal focus in academic literature in recent decades. It has been claimed that the contemporary stage of capitalism is one of a knowledge economy characterised by intensive globalisation processes and new...... communication technologies producing new international markets and enhanced competition among economic actors. In this context, it has been argued that the ability continuously to create, aggregate, use and re-use knowledge has become a matter of vital importance for economic development in firms, cities...... and regions. Consequently, debates about the knowledge economy have raised questions about how geography affects processes and practices of knowledge creation. Two main approaches have been particularly influential in economic geography: the first stresses geographical proximity between economic actors...

  20. Creative economy policy in developing countries : The case of Indonesia

    NARCIS (Netherlands)

    Fahmi, Fikri Zul; McCann, Philip; Koster, Sierdjan

    This paper investigates how the creative economy discourse is interpreted and implemented in the context of Indonesia as a developing country. Our main conclusion is that the discourse is interpreted differently across localities. Bandung appears to be the only locality whose interpretation aligns

  1. Political economies and environmental futures for the sharing economy

    Science.gov (United States)

    Frenken, Koen

    2017-05-01

    The sudden rise of the sharing economy has sparked an intense public debate about its definition, its effects and its future regulation. Here, I attempt to provide analytical guidance by defining the sharing economy as the practice that consumers grant each other temporary access to their under-utilized physical assets. Using this definition, the rise of the sharing economy can be understood as occurring at the intersection of three salient economic trends: peer-to-peer exchange, access over ownership and circular business models. I shortly discuss some of the environmental impacts of online sharing platforms and then articulate three possible futures of the sharing economy: a capitalist future cumulating in monopolistic super-platforms allowing for seamless services, a state-led future that shifts taxation from labour to capital and redistributes the gains of sharing from winners to losers, and a citizen-led future based on cooperatively owned platforms under democratic control. The nature and size of the social and environmental impacts are expected to differ greatly in each of the three scenarios. This article is part of the themed issue 'Material demand reduction'.

  2. International political economy of climate negotiations while taking into account the mitigation and adaptation costs

    International Nuclear Information System (INIS)

    Ilasca, Constantin

    2016-01-01

    Our research focuses on the cooperation and climate governance in the post-Copenhagen era. Its main purpose is to observe and define the evolution of the climate regime, based on the positions of the European Union, China and the United States. These three countries can be considered as big emitters, major economies, as well as great powers. Two main drivers are taken into account in our analysis: mitigation and adaptation costs to climate change. The starting point for our research is to be found in the polarized evolution of the climate regime. The most illustrative aspect of this 'metamorphosis' is the shift, in 2009, from the top-down to the bottom-up architecture of the climate regime. Thus, we resort to a hybrid theoretical background, which consists of both international political economy and climate change economy. The joint contribution of the two approaches allows us to analyze international political economy with climate economy as an input, as well as the impact of international relations on the main economic framework of climate change. Our research is based on a specific cooperation model, known as the 'k-group' theory, as developed by Duncan Snidal (1985). Within this framework of mini-lateral cooperation, the thesis that we defend is that it is possible to have a climate k-group which may have a trigger effect in order to obtain an ambitious regime. The starting point for our argument is that this group can be considered as a 'club of the relevant', and that what it needs to achieve in order to constitute a k-group is to establish a 'coalition of the willing'. The capacity and the willingness to act are mainly influenced by the costs they have to bear, that is the costs to mitigate their emissions and to adapt to the climate change consequences. Meanwhile, the group's collective commitment depends on other countries' actions. More precisely, the incentive mechanism is built on the idea that cooperation is meant to widen, in order to eventually

  3. The collaborative Economy and Tourism

    DEFF Research Database (Denmark)

    Dredge, Dianne; Gyimóthy, Szilvia

    2015-01-01

    House swapping, ridesharing, voluntourism, couchsurfing, dinner hosting and similar innovations epitomize the collaborative economy. The rise of the collaborative economy, also known as collaborative consumption, the sharing economy and peer-to-peer consumption, has been fuelled by a range of soc...... for a balanced assessment of such claims. Highlighting these claims allows us to pursue a more reflective research agenda and leads to a more informed, evidence-based assessment of the collaborative economy and tourism.......House swapping, ridesharing, voluntourism, couchsurfing, dinner hosting and similar innovations epitomize the collaborative economy. The rise of the collaborative economy, also known as collaborative consumption, the sharing economy and peer-to-peer consumption, has been fuelled by a range...... experiences; and higher levels of consumer risk-taking balanced against mechanisms such as peer-to-peer feedback designed to engender trust between producers and consumers. This paper explores and critically assesses the collaborative economy and its implications for tourism industrial systems. It achieves...

  4. European Transition into a Socio-ecological Market Economy

    Directory of Open Access Journals (Sweden)

    Erich Hoedl

    2014-10-01

    Full Text Available The European Union has introduced the Europe 2020 Strategy and Horizon 2020, which contain several elements for a transition into a Socio-ecological Market Economy. But their implementations are mainly hampered by the unduly large financial sector and the political striving for high economic growth. A turn into low growth equilibrium needs a reduction of total capital inputs, which are composed of financial, man-made and natural capital. Whereas the reduction of financial capital needs a strong, but actually lacking political will, the reduction of man-made and natural capital depends on a real capital saving innovation system, which should partly be financed by a transfer of financial capital to the real productive sector. Beyond a strong reduction of financial capital and depending on existing ecological, social and economic problems, the innovation system should save man-made and natural capital accordingly. In all cases these innovations need higher qualification by means of a human-centered educational system. Higher educational investments, i.e. augmented “human capital,” are decisive for a transition into a Socio-ecological Market Economy for two reasons: First, higher qualification will augment the wage-profit relation and second, capital saving innovations will reduce productive capital inputs without reducing the profit rate on the reduced real capital stock. Increasing “human capital” intensity will accelerate the transition into low growth equilibrium with a higher consumption-investment relation, which creates more domestic final demand and needs lower export surpluses. Starting from existing high productive and financial capital intensity, during the transition saving surpluses in Europe will decline only step by step; they should not be allocated in financial markets, but for a considerably more human-centered education and real investments in Europe and the Third World.

  5. The Fragility of Turkish Economy from the Perspective of Oil Dependency

    Directory of Open Access Journals (Sweden)

    Eren Yildiz

    2015-09-01

    Full Text Available In an emerging economy, energy is a crucial input. Turkey as an oil dependent country, the volatility of oil price might affect more than thought. In this study, the impact of oil price changes in Turkish macroeconomy has been examined. A VAR model is built by using quarterly data from the first quarter of 2003 to the first quarter of 2013. Variables used in the model are Brent oil price, gross fixed capital formation, interest rate, us GDP and inflation. We believe that the analysis has demonstrated the fragility of Turkish economy to oil price volatility with its significant results in the relationship between oil price and main macroeconomic indicators. This study also shows the incredible need of sustainable energy policies to make a country’s economy stable.

  6. Rentierism in the Algerian economy based on oil and natural gas

    International Nuclear Information System (INIS)

    Machin Alvarez, Alejandra

    2010-01-01

    This essay analyzes Algeria's degree of adaptation toward possessing the constituent features of an oil and gas rentier economy, and whether its current status could be threatened by changes to its energy policy. With this aim, the article first uses empirical evidence to analyze different rentier features of the Algerian economy (the importance of the hydrocarbon sector, Algerian NOC Sonatrach's role in energy policy and revenue distribution). Second, the circuit that perpetuates rentier logic is described, the main conclusion being that the Algerian economy does indeed offer the very conditions that guarantee the self-perpetuation of rentierism. However, this conclusion is jeopardized by uncertainties stemming from two potential changes in the national status of the hydrocarbons sector: a greater presence of foreign hydrocarbon companies in Algeria, and growing internationalization by Sonatrach.

  7. Main influence factors on the final energy generation cost of a nuclear power plant in comparison with other energy sources

    International Nuclear Information System (INIS)

    Souza, J.A.M. de; Glardon, C.; Schmidt, R.M.

    1981-01-01

    The main factors in the construction and in the operation of nuclear power plants that affect the final energy generation cost are presented. The structure of the energy generation cost, of the nuclear fuel cost and the total investment are studied. (E.G.) [pt

  8. Asia and the world economy: “Walking on two legs (of different lengths”

    Directory of Open Access Journals (Sweden)

    Max Spoor

    2010-04-01

    Full Text Available The global imbalance that currently exists between high-income countries and medium- and low-income countries is being positively compensated for by the rapid growth of the economies of South-East Asia, as well as those of East and South Asia. In fact, viewed as a whole, the economies of China and India possess a sufficient potential to surpass the USA’s economy in just a few decades, while in 2010 China has already become the second-largest economy in the world. Its enormous dynamism has been made clear, furthermore, by the speed and relative success with which these economies have succeeded in weathering and emerging from the recent global financial crisis of 2008-2009 which, however, has strongly impacted on the economies of the countries of the Organisation for Economic Cooperation and Development (OECD. In the first part of this article, the author analyses the scope of this emergency for Asia’s economies and, especially, for the world economy as a whole, the centre of gravity of which has become increasingly displaced towards this region. In the second part, the author tackles the issue of trade as a motor of such development and, as a consequence of same, the strategic competition for raw materials, in which China and India are playing an increasing role. Finally, the author notes the existence of imbalances generated by sustaining this model, such as the ones that affect trade balances, current accounts and exchange rates which, if they are not corrected, will have negative effects on developing countries, once again.

  9. Determinants of consumer interest in fuel economy: Lessons for strengthening the conservation argument

    International Nuclear Information System (INIS)

    Popp, Michael; Vickery, Gina; Dixon, Bruce; Van de Velde, Liesbeth; Van Huylenbroeck, Guido; Verbeke, Wim

    2009-01-01

    With an outlook for higher global energy prices and concomitant increase of agricultural resources for the pursuit of fuel, consumers are expected to seek more fuel-economic transportation alternatives. This paper examines factors that influence the importance consumers place on fuel economy, with attention given to differences between American and European consumers. In a survey conducted simultaneously in the United States (U.S.) and Belgium in the fall of 2006, respondents in both countries ranked fuel economy high among characteristics considered when purchasing a new vehicle. Overall, respondents in the U.S. placed greater emphasis on fuel economy as a new-vehicle characteristic. Respondents' budgetary concerns carried a large weight when purchasing a new vehicle as reflected in their consideration of a fuel's relative price (e.g. gasoline vs. diesel vs. biofuel) and associated car repair and maintenance costs. On the other hand, high-income Americans displayed a lack of concern over fuel economy. Concern over the environment also played a role since consumers who felt empowered to affect the environment with their purchasing decisions (buying low and clean emission technology and fuels) placed greater importance on fuel economy. No statistically significant effects on fuel economy rankings were found related to vehicle performance, socio-demographic parameters of age, gender or education. Importantly, the tradeoff between using agricultural inputs for energy rather than for food, feed and fiber had no impact on concerns over fuel economy. Finally, contrary to expectations, U.S. respondents who valued domestically produced renewable fuels did not tend to value fuel economy. (author)

  10. The Multi-Budget Matrix of Financial Flows as a Tool for Investigation and Regulation of Reproduction Processes in the National Economy

    Directory of Open Access Journals (Sweden)

    Kulyk Volodymyr V.

    2017-09-01

    Full Text Available There considered a system of interrelated budgets of institutional sectors to provide a comprehensive study of the processes of formation of their incomes and incomes of the national economy within the relations “value added — sector savings”. This allows to systematically improve the financial and economic state of institutional sectors and means of fiscal policy to stimulate the production of the final product in sectors and branches of the economy. The main purpose of the proposed balance model is to study the features of the current economic equilibrium and support the qualitative parameters of the reproduction of the national economy and its institutional sectors by influencing the system of commodity and financial flows, capital flows, and thus the formation of the desired macroeconomic proportions of the gross and net revenues generated. Comparison of the real and nominal GDP, the structure of GDP and NDP, conditions of external economic equilibrium, and other parameters of economic dynamics make it possible to coordinate management of the processes of reproduction of the national economy with the current stage of the economic cycle, and consequently, identify and update the existing potentials or provide conditions for their formation. For further specialized research, the model can be aggregated or disaggregated. The methodology and standards of national accounts, open data of national accounts of Ukraine served as the basis for the formation of the system of balances.

  11. The Blunders in the Western cross-cutting policies in Afghanistan: The Opium economy as a case of study

    Directory of Open Access Journals (Sweden)

    Francisco Berenguer-López

    2018-05-01

    Full Text Available In Afghanistan, opium cultivation was part of an economy of survival in the decades preceding the Afghan resistance war against the Soviets and, during the subsequent civil war, cultivation and trafficking of opium poppy became one of the main methods of financing the so-called warlords. However, the Taliban regime would be the first to convert the cultivation and trafficking of this drug into a state business stimulating cultivation and production and the corresponding taxation. Finally, the international community has allowed that cultivation and trafficking become a substantial part of the current Afghan political structure, given its inability to understand the problem in its real and proper dimension and to define an integrated anti-drug strategy.

  12. Evaluation of the Current State of Investment and Innovation Activity of Enterprises in the Real Sector of Ukraine’s Economy

    Directory of Open Access Journals (Sweden)

    Andryeyeva Victoriya G.

    2016-02-01

    Full Text Available The article analyzes the main indicators of investment and innovation activity of enterprises in the real sector of Ukraine’s economy at the present stage. Capital investments in enterprises in the real sector of the economy by types of economic activity and of their structure by source of financing, the largest share of which are own resources of enterprises and organizations, have been analyzed. The main indicators of innovation activity of industrial enterprises and sources of financing of innovation activity have been analyzed. It is noted that the main problems of implementing innovation activity by enterprises in the real sector of Ukraine’s economy is the lack of a high-quality system of financial support, an effective legal framework for attracting foreign investors as well as the insufficient level of development of financial market participants. The authors conclude that the current state of investment and innovation activity of enterprises in the real sector of Ukraine’s economy is characterized by the existence of positive and negative trends, timely evaluation of which will enhance the competitiveness of entities in this sector of economy and ensure their sustainable development

  13. 49 CFR 537.9 - Determination of fuel economy values and average fuel economy.

    Science.gov (United States)

    2010-10-01

    ... 49 Transportation 6 2010-10-01 2010-10-01 false Determination of fuel economy values and average fuel economy. 537.9 Section 537.9 Transportation Other Regulations Relating to Transportation (Continued) NATIONAL HIGHWAY TRAFFIC SAFETY ADMINISTRATION, DEPARTMENT OF TRANSPORTATION AUTOMOTIVE FUEL ECONOMY REPORTS § 537.9 Determination of fuel...

  14. Private sector participation in power sector in transition economies

    International Nuclear Information System (INIS)

    Purica, I.

    1996-01-01

    The paper deals with the problems related to the private participation in the infrastructure projects developed mainly in the transient economies. The comparatively larger risk volatility of this economies is counterbalanced by the expected high return rates of these projects. In these circumstances the paper presents the possibility to use the World Bank Group support for enhancing the private sector investments. After a description of the type of support able to be given, some examples are presented related to an energy project in Pakistan and to two others in China. There is also given a synthesis concerning the potential places in Romania were such projects may be achievable. (author). 1 fig., 3 tabs., 2 refs

  15. Macroeconomic impacts of oil price shocks in Asian economies

    International Nuclear Information System (INIS)

    Cunado, Juncal; Jo, Soojin; Perez de Gracia, Fernando

    2015-01-01

    This paper analyzes the macroeconomic impact of structural oil shocks in four of the top oil-consuming Asian economies, using a VAR model. We identify three different structural oil shocks via sign restrictions: an oil supply shock, an oil demand shock driven by global economic activity and an oil-specific demand shock. The main results suggest that economic activity and prices respond very differently to oil price shocks depending on their types. In particular, an oil supply shock has a limited impact, while a demand shock driven by global economic activity has a significant positive effect in all four Asian countries examined. Our finding also includes that policy tools such as interest rates and exchange rates help mitigating the effects of supply shocks in Japan and Korea; however, they can be more actively used in response to demands shocks. - Highlights: • We analyze the effects of three structural oil price shocks on Asian economies. • Supply shocks have limited impact on the economic activity of Asian economies examined. • Demand shocks due to economic activity boosts GDP of all economies. • CPIs in India and Indonesia were only marginally affected by oil price shocks. • Monetary and exchange rate tools help mitigating supply shocks in Korea and Japan.

  16. Network Transformations in Economy

    Directory of Open Access Journals (Sweden)

    Bolychev O.

    2014-09-01

    Full Text Available In the context of ever-increasing market competition, networked interactions play a special role in the economy. The network form of entrepreneurship is increasingly viewed as an effective organizational structure to create a market value embedded in innovative business solutions. The authors study the characteristics of a network as an economic category and emphasize certain similarities between Rus sian and international approaches to identifying interactions of economic systems based on the network principle. The paper focuses on the types of networks widely used in the economy. The authors analyze the transformation of business networks along two lines: from an intra- to an inter-firm network and from an inter-firm to an inter-organizational network. The possible forms of network formation are described depending on the strength of connections and the type of integration. The drivers and reasons behind process of transition from a hierarchical model of the organizational structure to a network type are identified. The authors analyze the advantages of creating inter-firm networks and discuss the features of inter-organizational networks as compares to inter-firm ones. The article summarizes the reasons for and advantages of participation in inter-rganizational networks and identifies the main barriers to the formation of inter-organizational network.

  17. Linkages and Vertical Integration in the Chinese Economy.

    OpenAIRE

    Heimler, Alberto

    1991-01-01

    The original concept of vertical integration can be applied only to the analysis of the relationship between final demand and gross output, but is unsuitable for most of supply-oriented studies, where what matters are the interindustry relations. For example, vertical integration of an industrial district with the rest of the economy cannot be measured with the traditional technique and should be accounted for by a different measure that considers the direct and indirect demand derived from t...

  18. Outlook of Japan's economy and energy demand for FY2017

    International Nuclear Information System (INIS)

    Aoshima, Momoko; Yorita, Y.; Tsunoda, M.

    2017-01-01

    This paper disclosed the prospects of Japan's economy and energy demand as the standard scenario, with the following major preconditions in mind: (1) world economy grows moderately, (2) supply and demand of crude oil are gently balanced, (3) exchange rate is Yen110/$, (4) nuclear power generation gradually moves back to operation, and the number of cumulative reopening units until the end of FY2017 reaches 14, and (5) supply and demand of electric power can secure 3% supply reserve ratio necessary for stable supply of electricity nationwide. In addition, this paper carried out evaluation analyses on the following various influences: macro economy, production activity, primary energy domestic supply, final energy consumption, electricity sales volume and power source composition (electric power companies), city gas sales volume (gas companies), fuel oil and LPG sales volume and crude oil throughput, renewable energy power generation, impact of nuclear power plant restart base, income/expenditure for on renewable energy generation, and impact of realization of large scale coal thermal power plant plan. (A.O.)

  19. Business models of sharing economy companies : exploring features responsible for sharing economy companies’ internationalization

    OpenAIRE

    Kosintceva, Aleksandra

    2016-01-01

    This paper is dedicated to the sharing economy business models and their features responsible for internationalization. The study proposes derived definitions for the concepts of “sharing economy” and “business model” and first generic sharing economy business models typology. The typology was created through the qualitative analysis of secondary data on twenty sharing economy companies from nine different industries. The outlined categories of sharing economy business models a...

  20. Tourism and its impact on Dubai’s economy and environment

    OpenAIRE

    Rana, Usman Khalid

    2012-01-01

    ABSTRACT This thesis is an in-depth study of the main money making industry in Dubai, which is Tourism. The boost in economy in Dubai was mainly from that of the tourism industry. In this thesis I will show how Dubai, due to several factors, became one of the main attractions in the Middle East and through out the Gulf Region. I will also provide statistic and figures that will show that increase of Tourism and interest in Dubai as being the “Place to be” for almost the p...

  1. The Structural Changes in the Economy of Ukraine and its Energy Intensity

    Directory of Open Access Journals (Sweden)

    Kyzym Mykola O.

    2017-12-01

    Full Text Available The article is concerned with an analysis of structural changes in the economy of Ukraine in view of energy intensity of types of economic activity (TEA. On considering the main tendencies of development of Ukraine’s economy in 2000 – 2015, it has been proved that, unlike the world economy, its development is of more unevenly nature. In order to research structural changes in the domestic economy in the period from 2000 to 2015, the methodical approach consisting of a number of interconnected stages has been proposed. Using this approach: the structure of economy of Ukraine by TEA has been analyzed, the classification and structure of the TEA distribution by their importance have been suggested; the dynamics of TEA of Ukraine have been analyzed, the classification and structure of distribution of Ukraine’s TEA by dynamics of development has been proposed; a matrix of positioning of the TEA of Ukraine in the plane of «proportion – rate of change» has been built; the values have been calculated and directions of structural changes of TEA in economy of Ukraine have been defined; a characterization of the TEA of economy of Ukraine as to the degree of materiality of structural shift has been formed; the integral coefficients of structural shifts in economy for the studied period have been calculated; the classification of the TEA of Ukraine according to the level of energy intensity has been developed, the structure of economy by the energy intensity groups has been presented; the indices have been calculated and directions of structural shifts of groups with different energy intensity of TEA have been determined; the integral coefficients of structural shift of economy due to the groups of TEA with different energy intensity have been calculated; the general characterization of structural shifts of the TEA of Ukraine in 2000 – 2015 has been formed.

  2. THE UNDERGROUND ECONOMY FROM THE PERSPECTIVE OF THE TRIAD ECONOMICS, SOCIOLOGY, PSYCHOLOGY

    Directory of Open Access Journals (Sweden)

    Corneliu\tSorin\tBAICU

    2015-06-01

    Full Text Available Underground economy, in view of researchers, economists and jurists, is a theoretical complex construct, a phenomenon with profound social and economic reverberations. This study argues multidisciplinary integrative the sociological, psychological and socio-psychological approach of underground economy. The premises of this study are given by methodological individualism and rational choice theory through building in neoclassical version of Homo economicus able to interact in a multidisciplinary and multifaceted manner with the area of social sciences. For the nonce, we submit to analysis an integrative model of Homo Oeconimicus with Homo Sociologicus, aggregated with elements of social psychology. Synergistic effects of this integrative approach consist of the ability to give an answer as relevant on symptoms and forms of deviant behavior and thus to explain the development of underground economy. The finality of this paper, starting from the stated premises, resides in the explanation and analysis of deviant behavior in the framework of the morphology and causality of underground economy. Deviant behavior in the context of our analysis reveals the coherence perspective on the following issues: anatomy and etiology of underground economy (informal and underground activities, illegal labor, tax fraud, etc.; attitude towards rules, society and the state (tax mentality, tax morality, moral conscience; tax compliance or non-compliance (willingness to pay tax liabilities. This paper is intended to constitute a pleading for an interdependent approach, multi-causal and interdisciplinary of underground economy

  3. Hydrogen economy

    Energy Technology Data Exchange (ETDEWEB)

    Pahwa, P.K.; Pahwa, Gulshan Kumar

    2013-10-01

    In the future, our energy systems will need to be renewable and sustainable, efficient and cost-effective, convenient and safe. Hydrogen has been proposed as the perfect fuel for this future energy system. The availability of a reliable and cost-effective supply, safe and efficient storage, and convenient end use of hydrogen will be essential for a transition to a hydrogen economy. Research is being conducted throughout the world for the development of safe, cost-effective hydrogen production, storage, and end-use technologies that support and foster this transition. This book discusses hydrogen economy vis-a-vis sustainable development. It examines the link between development and energy, prospects of sustainable development, significance of hydrogen energy economy, and provides an authoritative and up-to-date scientific account of hydrogen generation, storage, transportation, and safety.

  4. Political economies and environmental futures for the sharing economy.

    Science.gov (United States)

    Frenken, Koen

    2017-06-13

    The sudden rise of the sharing economy has sparked an intense public debate about its definition, its effects and its future regulation. Here, I attempt to provide analytical guidance by defining the sharing economy as the practice that consumers grant each other temporary access to their under-utilized physical assets. Using this definition, the rise of the sharing economy can be understood as occurring at the intersection of three salient economic trends: peer-to-peer exchange, access over ownership and circular business models. I shortly discuss some of the environmental impacts of online sharing platforms and then articulate three possible futures of the sharing economy: a capitalist future cumulating in monopolistic super-platforms allowing for seamless services, a state-led future that shifts taxation from labour to capital and redistributes the gains of sharing from winners to losers, and a citizen-led future based on cooperatively owned platforms under democratic control. The nature and size of the social and environmental impacts are expected to differ greatly in each of the three scenarios.This article is part of the themed issue 'Material demand reduction'. © 2017 The Authors.

  5. Political economies and environmental futures for the sharing economy

    Science.gov (United States)

    2017-01-01

    The sudden rise of the sharing economy has sparked an intense public debate about its definition, its effects and its future regulation. Here, I attempt to provide analytical guidance by defining the sharing economy as the practice that consumers grant each other temporary access to their under-utilized physical assets. Using this definition, the rise of the sharing economy can be understood as occurring at the intersection of three salient economic trends: peer-to-peer exchange, access over ownership and circular business models. I shortly discuss some of the environmental impacts of online sharing platforms and then articulate three possible futures of the sharing economy: a capitalist future cumulating in monopolistic super-platforms allowing for seamless services, a state-led future that shifts taxation from labour to capital and redistributes the gains of sharing from winners to losers, and a citizen-led future based on cooperatively owned platforms under democratic control. The nature and size of the social and environmental impacts are expected to differ greatly in each of the three scenarios. This article is part of the themed issue ‘Material demand reduction’. PMID:28461431

  6. IMPORTANCE OF SMALL AND MEDIUM-SIZED ENTERPRISES IN ROMANIAN ECONOMY

    Directory of Open Access Journals (Sweden)

    BĂLĂNESCU MĂDĂLINA

    2013-08-01

    Full Text Available The market economy has reduced the number of large enterprises and has determinated the emergence ofa special class like small and medium-sized enterprises. Those companies play a special role in the nationaleconomy, especially through the fact that attract about 65% of employees in Romania, makes significantinvestments, takes approximately 30% of gross value added in the national economy, operates mainly in servicesactivity, are flexible, concerned with development and have the ability to adopt new technologies. The SMEsector has been affected by the crisis, but not in the same measure as large enterprises. This fact is demonstratedby the economic and financial indicators that I have analised, in 2011 SME beeing able to overcome the crisisand to achieve higher performance than in the years before crisis. The SME sector is considered the most activesector of the modern economy, plays a important role in the economic structure of our country, helping to ensureeconomic and social development as it is shown by the strong bond that exist between the GVA in SME sectorand total GVA added to the national economy, demonstrated in the calculations that I have made in this study.

  7. 76 FR 39477 - Revisions and Additions to Motor Vehicle Fuel Economy Label

    Science.gov (United States)

    2011-07-06

    ...The Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) are issuing a joint final rule establishing new requirements for the fuel economy and environment label that will be posted on the window sticker of all new automobiles sold in the U.S. The labeling requirements apply for model year 2013 and later vehicles with a voluntary manufacturer option for model year 2012. The labeling requirements apply to passenger cars, light-duty trucks, and medium duty passenger vehicles such as larger sport-utility vehicles and vans. The redesigned label provides expanded information to American consumers about new vehicle fuel economy and fuel consumption, greenhouse gas and smog-forming emissions, and projected fuel costs and savings, and also includes a smartphone interactive code that permits direct access to additional Web resources. Specific label designs are provided for gasoline, diesel, ethanol flexible fuel, compressed natural gas, electric, plug-in hybrid electric, and hydrogen fuel cell vehicles. This rulemaking is in response to provisions in the Energy Independence and Security Act of 2007 that imposed several new labeling requirements and new advanced-technology vehicles entering the market. NHTSA and EPA believe that these changes will help consumers to make more informed vehicle purchase decisions, particularly as the future automotive marketplace provides more diverse vehicle technologies from which consumers may choose. These new label requirements do not affect the methodologies that EPA uses to generate consumer fuel economy estimates, or the automaker compliance values for NHTSA's corporate average fuel economy and EPA's greenhouse gas emissions standards. This action also finalizes a number of technical corrections to EPA's light-duty greenhouse gas emission standards program.

  8. Energy intensity and its determinants in China's regional economies

    International Nuclear Information System (INIS)

    Wu Yanrui

    2012-01-01

    This paper contributes to the existing literature as well as policy debates by examining energy intensity and its determinants in China's regional economies. The analysis is based on a comprehensive database of China's regional energy balance constructed for this project. Through its focus on regional China, this study extends the existing literature, which mainly covers nationwide studies. It is found in this paper that energy intensity declined substantially in China. The main contributing factor is the improvement in energy efficiency. Changes in the economic structure have so far affected energy intensity modestly. Thus there is considerable scope to reduce energy intensity through the structural transformation of the Chinese economy in the future. - Highlights: ► First study examining energy intensity and its determinants using sectoral data in Chinese regions. ► Major findings. ► Decline in energy intensity is due to the rise in energy efficiency. ► Economic structural change has played little role. ► Growth in capital intensity alone would not lead to the decline in energy consumption.

  9. Sustainable degrowth through more amateur economy

    DEFF Research Database (Denmark)

    Nørgaard, Jørgen

    2010-01-01

    (back) from the prof. economy to the amateur economy will be less productive than the prof. economy in terms of output per man hour, but often more 'productive' in generating satisfaction and happiness in the process. Such a shift can create more ultimate benefit (happiness), but less product output......By a simple descriptive model is illustrated how the role of labor input tothe economy will have to revised in a degrowth economy. A destinction is made btween the Professional (GDP) economy, driven by money, and the Amateur economy (voluntary) driven by love. Shifting some economic activities...

  10. Green Economy Performance and Green Productivity Growth in China’s Cities: Measures and Policy Implication

    Directory of Open Access Journals (Sweden)

    Jianglong Li

    2016-09-01

    Full Text Available Resource depletion and environmental degradation have become serious challenges for China’s sustainable development. This paper constructs indicators to assess China’s green economy performance and green productivity growth, in which economic expansion, resource conservation and environmental protection need to be incorporated simultaneously. For this purpose, we combine non-radial directional distance function and meta-frontier Malmquist productivity to develop the indicators. The methodology also allows for the decomposition of driving forces of China’s green economy. Moreover, the dataset employed in this paper allows for the evaluation of 275 cities in China during the period 2003–2012. The main findings are as follows. First, most of China’s cities did not perform efficiently in terms of the green economy, with an average score of only 0.233. Second, the growth rate of green productivity is slower than real GDP, and the green productivity growth in China is only moderate. Third, innovation is the main driving force of China’s green productivity growth, but the central region lags behind when it comes to green innovation. Fourth, artificial local protectionism and transport limitations impede the progress of cities that perform ineffectively in the green economy. Based on our empirical findings, we provide policy implications and suggestions for enhancing China’s green economy performance and productivity growth.

  11. Rentierism in the Algerian economy based on oil and natural gas

    Energy Technology Data Exchange (ETDEWEB)

    Machin Alvarez, Alejandra [Grupo de Investigacion sobre Economia Politica de la Mundializacion, Departamento de Economia Aplicada I, Facultad de Ciencias Economicas y Empresariales, Universidad Complutense de Madrid, Campus de Somosaguas, 28223 Madrid (Spain)

    2010-10-15

    This essay analyzes Algeria's degree of adaptation toward possessing the constituent features of an oil and gas rentier economy, and whether its current status could be threatened by changes to its energy policy. With this aim, the article first uses empirical evidence to analyze different rentier features of the Algerian economy (the importance of the hydrocarbon sector, Algerian NOC Sonatrach's role in energy policy and revenue distribution). Second, the circuit that perpetuates rentier logic is described, the main conclusion being that the Algerian economy does indeed offer the very conditions that guarantee the self-perpetuation of rentierism. However, this conclusion is jeopardized by uncertainties stemming from two potential changes in the national status of the hydrocarbons sector: a greater presence of foreign hydrocarbon companies in Algeria, and growing internationalization by Sonatrach. (author)

  12. Constructing coincident indices of economic activity for the Latin American economy

    Directory of Open Access Journals (Sweden)

    João Victor Issler

    2013-03-01

    Full Text Available This paper has three main contributions. The first is to propose an individual coincident indicator for the following Latin American countries: Argentina, Brazil, Chile, Colombia and Mexico. In order to obtain similar series to those traditionally used in business-cycle research in constructing coincident indices (output, sales, income and employment we were forced to back-cast several individual country series which were not available in a long time-series span. The second contribution is to establish a chronology of recessions for these countries, covering the period from 1980 to 2012 on a monthly basis. Based on this chronology, the countries are compared in several respects. The final contribution is to propose an aggregate coincident indicator for the Latin American economy, which weights individual-country composite indices. Finally, this indicator is compared with the coincident indicator (The Conference Board - TCB of the U.S. economy. We find that the U.S. indicator Granger-causes the Latin American indicator in statistical testsEsse artigo tem 3 contribuições à literatura de ciclos de negócios. A primeira é a de construir indicadores coincidentes de atividade econômica para Argentina, Brasil, Chile, Colômbia e México, usando pesos idênticos para as séries de Emprego, Produção, Renda, e Vendas. Para tal, tivemos que fazer o back-cast de algumas séries chave para poder construir esses indicadores. A segunda é a de estabelecer uma cronologia de recessões para esses países no período 1980-2012 em bases mensais. Com base na última, fazemos comparações em várias dimensões. Finalmente, nossa última contribuição é propor um índice coincidente agregado para a América Latina, que é comparado ao índice agregado dos EUA. Esta comparação indica que o índice coincidente dos EUA Granger-causa o da América Latina, mas a recíproca não é verdadeira

  13. IDENTIFICATION OF MAIN ECONOMIC AND SOCIAL CAUSES OF ROMANIAN MIGRATION

    Directory of Open Access Journals (Sweden)

    Elena Raluca CRISTIAN

    2015-07-01

    Full Text Available The main worldwide determinants influencing in time the migration phenomenon are: external environment (international political situation, economy, population growth in the migrant’s country, armed conflicts, religious persecution and xenophobic attacks. The migration of manpower from Romania is based on a number of psychological, social, financial reasons of migrants to increase their income and improve their living conditions in another country. The main cause of migration in developed countries is the migration flows originating mainly from poor or very poor countries considered disadvantaged.

  14. THE STUDY ON BALI TOURISM VILLAGE MANAGEMENT TOWARDS FOUR DIMENSIONS OF EXPERIENCE ECONOMY

    Directory of Open Access Journals (Sweden)

    Widi Hardini

    2016-03-01

    Full Text Available Tourism as one of the largest industries in the world economy is now entering a new era, the experience economy. The concept adopted by Pine and Gilmore in 1998, where there was a shift in the company’s economic orientation. This concept emphasizes the customer value and suitable in services industry, especially in Tourism industry. In the new economic era, customer satisfaction is no longer the main things, but delivering comprehensive services to create a memorable experience. Bali tourism industry focuses on cultural development and preservations. There is a linkage between the experience economy concept and tourism village concept, which is at the participation level of all components in the development (management, tourists and the society. Therefore, the concept of experience economy is suitable to be applied in the development of tourism villages. This research conducted to elaborate and analyze the classification of tourism village product and the levels of tourist participation towards four dimensions of experience economy concept. Through qualitative research methods will generate a depth understanding of managing tourism village by creating tourist memorable experience.

  15. Transforming Economies. The Case of the Norwegian Electricity Market Reform

    International Nuclear Information System (INIS)

    Olsen, Per Ingvar

    2000-01-01

    the theoretical, analytical and methodological approach, which mainly draws from contributions within Sociology of Science and Technology (the Actor-Network approach) and from Economic Sociology (social network theory). Other lines of thought are also touched upon, like different traditions within institutional theory and institutional economics. Even though issues within main stream economics are also discussed in brief, this scientific tradition here mainly serves as an empirical area of investigation. The second part of the thesis presents the historical background of the Norwegian electricity sector in broad - drawing lines back to the early establishing of the Norwegian electricity system and passing though important formative processes and reform attempts which came to establish vital directions and constraints on the later market reform. In part three, the emergence of the market reform is triangulated through analysis with distinctly different focuses. One concentrates on the immediate controversies and rival reform programs within the sector in between 1965 and 1985. Another takes its departure from the reorientation among leading economists internationally in the late 1960s and early 1970s, and follows their new economic concepts, models and arguments back to Norway, through various economic and public sector reforms in between 1977 and 1986. The third perspective is obtained from a focus on the SAF research institution in Bergen, where the market reform program gradually got established through the carrying out of various research projects regarding the functioning of the electricity system. Finally, there is a focussed discussion of the various attempts at modernizing the Norwegian state administration and the role of the state in the economy during the second half of the 1980s, by shifting governments and in particular by actors within the state administration with the responsibility to help shaping and carrying out these political-economic ambitions. The

  16. Transforming Economies. The Case of the Norwegian Electricity Market Reform

    Energy Technology Data Exchange (ETDEWEB)

    Olsen, Per Ingvar

    2000-07-01

    the theoretical, analytical and methodological approach, which mainly draws from contributions within Sociology of Science and Technology (the Actor-Network approach) and from Economic Sociology (social network theory). Other lines of thought are also touched upon, like different traditions within institutional theory and institutional economics. Even though issues within main stream economics are also discussed in brief, this scientific tradition here mainly serves as an empirical area of investigation. The second part of the thesis presents the historical background of the Norwegian electricity sector in broad - drawing lines back to the early establishing of the Norwegian electricity system and passing though important formative processes and reform attempts which came to establish vital directions and constraints on the later market reform. In part three, the emergence of the market reform is triangulated through analysis with distinctly different focuses. One concentrates on the immediate controversies and rival reform programs within the sector in between 1965 and 1985. Another takes its departure from the reorientation among leading economists internationally in the late 1960s and early 1970s, and follows their new economic concepts, models and arguments back to Norway, through various economic and public sector reforms in between 1977 and 1986. The third perspective is obtained from a focus on the SAF research institution in Bergen, where the market reform program gradually got established through the carrying out of various research projects regarding the functioning of the electricity system. Finally, there is a focussed discussion of the various attempts at modernizing the Norwegian state administration and the role of the state in the economy during the second half of the 1980s, by shifting governments and in particular by actors within the state administration with the responsibility to help shaping and carrying out these political-economic ambitions. The

  17. Knowledge for a sustainable economy. Knowledge questions around the Dutch Memorandum on Environment and Economy ('Nota Milieu en Economie'); Kennis voor een duurzame economie. Kennisvragen rond de Nota Milieu en Economie

    Energy Technology Data Exchange (ETDEWEB)

    Dieleman, J.P.C.; Hafkamp, W.A. [Erasmus Studiecentrum voor Milieukunde, Erasmus Universiteit Rotterdam, Rotterdam (Netherlands)

    1999-05-19

    June 18, 1997, the Dutch government presented the Memorandum Environment and Economy with the aim to contribute to integration of environment and economy and to stimulation the realization of a sustainable economy. Next to a vast overview of actions, ideas, perspectives, staring points, challenges and dilemmas to take into account when forming a sustainable economy, it is indicated in that Memorandum that there is a need for research and knowledge to compile relevant data and insight to support decision making processes. The aim of this report is to develop a framework in which knowledge questions can be generated. The questions that fall outside the framework of the Memorandum concern needs, values and images and are formulated in four groups: (1) what is the role of materialism and stress in processes of conventional economic growth?; (2) What is the importance of reduction of consumption ('consuminderen') and slowing down ('onthaasting' or dehasting) to realize a process of sustainable economic development; (3) which images form the basis of the present process of economic development, where do they come from and how do they change over time; and (4) which images of progression give direction to a sustainable economic development and how do they exist? The questions that follow the Memorandum concern decoupling (of environment and economy), sustainable consumption, knowledge economy, institutions and a process of change. Central in the framework of knowledge questions are questions, related to perspectives and actions, as formulated in the Memorandum for different sectors in the Dutch society: industry and services; agriculture and rural areas; and traffic, transport and infrastructure.

  18. The geography of the knowledge economy

    DEFF Research Database (Denmark)

    Hansen, Teis

    Today, acquisition, creation and utilisation of knowledge are the key factors explaining economic development. Firms must constantly employ new knowledge and combine different types of knowledge in their activities to maintain competitiveness. This thesis examines the knowledge economy from two...... on collaboration motives, it is particularly important in collaboration projects at the core of innovation processes, where the objective is to access technologies, obtain knowledge or reduce the innovation time-span. The main conclusion of the thesis’ second part is that low- and medium low-tech industries...

  19. The Speed and Extent of New Venture Internationalisation in the Emerging Economy Context

    Directory of Open Access Journals (Sweden)

    Rūta Kazlauskaitė

    2015-06-01

    Full Text Available The objective of this paper is to explore to what extentthe patterns of the internationalisation  process  described  in  the  new  venture  (NV internationalisation theory, developed on the experience and practice of advanced economy firms, apply to the emerging economy context. The  paper  is  a  systematic  literature  review  developed on the basis of peer reviewed journal articles on NV internationalisation in emerging economies. It critically evaluates the applicability  of arguments proposed by the NV internationalisation theory to the emerging economy context. The  paper  contributes  to  the  NV  internationalisation theory  by offering  some propositions  on  the  specifics  of  international entrepreneurship in the emerging economy context. Findings:  In  contrast  to  firms  from  advanced  economies, internationalisation  of  NV from emerging economies is mainly driven by push factors related to their domestic markets.  Transportation, communication  and  digital  technology  play  a  less  relevant role in emerging economies; besides, their significance is more context specific; while their absence does not inhibit rapid internationalisation. To  better  understand  the  process  of  NV internationalisation in the emerging economy context,it is necessary to study to what extent  other  theoretical  logics  contribute  to  its  explication.  Further  research  should also seek to synthesise findings of research on other major theoretical frameworks.

  20. Implementation of the knowledge economy paradigm in the strategy of national economy development

    Directory of Open Access Journals (Sweden)

    Dmytro Lukianenko

    2013-08-01

    Full Text Available This paper studies the knowledge economy paradigm and the factors of its influence on the development of national economies in the context of transformation of the global competitive environment. It has been methodologically identified the basic categories and concepts concerning the determination of key factors and parameters of modern economic systems. It has been proved through the example of South Korea that implementation of the knowledge economy paradigm in long-term strategies initiated and supported by the state provides new opportunities of socio-economic progress. The basic problems of innovation-driven development of Ukraine’s economy through an assessment of its readiness to transition to the knowledge economy, compared with South Korea. The latter’s experience, despite the objective limitations, is regarded as an example of strategic success in formation of a creative innovation system.

  1. Free variable economy

    NARCIS (Netherlands)

    Roelofsen, F.

    2009-01-01

    Several authors have recently argued that semantic interpretation is subject to economy constraints. In particular, Fox (1999) argued that the interpretation of pronouns is subject to BINDING ECONOMY, which favors local binding over non-local binding. The present paper points out a problem for

  2. The biophysical perspective of a middle income economy. Material flows in Mexico

    International Nuclear Information System (INIS)

    Gonzalez-Martinez, Ana Citlalic; Schandl, Heinz

    2008-01-01

    We analyse natural resource use dynamics in the Mexican economy during the last three decades. Despite low and uneven economic growth, the extraction and use of materials in the Mexican economy has continuously increased during the last 30 years. In this period, population growth rather than economic growth was the main driving force for biophysical growth. In addition, fundamental changes have taken place in the primary sectors, in manufacturing, and in household consumption and these are reflected in an increasing emphasis on the use of fossil fuels and construction materials. Mexico's economy has been strongly influenced by international trade since the country commenced competing in international markets. In the 1970s, Mexico mainly exported primary resources. This pattern has changed and manufactured goods now have a much greater importance due to a boom in assembling industries. In contrast with other Latin American countries, Mexico has achieved a diversification of production, moving towards technology-intensive products and a better mix in its export portfolio. However, crude oil exports still represent the single most important export good. Mexico's material consumption is still well below the OECD average but is growing fast and the current resource use patterns may well present serious social and environmental problems to the medium and long-term sustainability of Mexico's economy and community. Information on natural resource use and resource productivity could provide valuable guidance for economic policy planning in Mexico. (author)

  3. Agrofuels capitalism: a view from political economy.

    Science.gov (United States)

    White, Ben; Dasgupta, Anirban

    2010-01-01

    This article considers the global expansion of agrofuels feedstock production from a political economy perspective. It considers and dismisses the environmental and pro-poor developmental justifications attached to agrofuels. To local populations and direct producers, the specific destination of the crop as fuel, food, cosmetics or other final uses in faraway places is probably of less interest than the forms of (direct or indirect) appropriation of their land and the forms of their insertion or exclusion as producers in global commodity chains. Global demand for both agrofuels and food is stimulating new forms (or the resurgence of old forms) of corporate land grabbing and expropriation, and of incorporation of smallholders in contracted production. Drawing both on recent studies on agrofuels expansion and on the political economy literature on agrarian transition and capitalism in agriculture, this article raises the question whether "agrofuels capitalism" is in any way essentially different from other forms of capitalist agrarian monocrop production, and in turn whether the agrarian transitions involved require new tools of analysis.

  4. SOCIETY OF KNOWLEDGE AND ENTREPRENEURIAL ECONOMY: SOME VIEWS OF DRUCKER

    Directory of Open Access Journals (Sweden)

    KRUME NIKOLOSKI

    2016-10-01

    Full Text Available The purpose of this paper is to update the economic thoughts and opinions of Peter Drucker related to society knowledge and entrepreneurial society. The paper will be elaborated his claims relating to the transformation, the capitalism, and the characteristics of the new society. In particular will be analyzed some Ducker’s sightings for entrepreneurs and entrepreneurial economy, and innovations in the society. Namely, in this paper theory of innovation and entrepreneurship economic thinker Drucker is going to be refined and analyzed. In order to get begin the process of economic gain. Drucker believes that entrepreneurial economy is linked to the new companies which develop. According to him, entrepreneurs are the central figure in the economic growth. A main focus of the paper will be placed on the concepts and theories of entrepreneurial economy. The motivation is that theories are the source of new ideas, and every theory upgraded and changed parts of already existing theories.

  5. The Optimal Structure of the National Economy as a Guarantee of Sustainable Development of a State

    Directory of Open Access Journals (Sweden)

    Karintseva Oleksandra I.

    2018-03-01

    Full Text Available The article considers the theoretical essence of the category “national economy” in a narrow and broad sense and identifies its following features: versatility of the links between its structural elements and their integrity; hierarchy of the structure of the national economy, dynamism, openness. The main trend of development of the national economy, which is manifested in the transformation processes, is determined. The following transformation processes of the national economy are identified: system-forming, system-affirming, system-reproducing. Theories of structural transformation of the national economy are considered. There determined relations that characterize the reproductive structure of the national economy: between the main stages of the movement of the aggregate social product; between the forms of the aggregate social product according to the natural-material composition; between elements and forms of the aggregate social product by a functional role; between the constituent parts of social production; between the replacement of the means of production used and the newly created products. Based on the data of the World Bank on the structure of the gross added value of groups of countries in terms of income and regional characteristics in the context of individual spheres, the practical analysis of the structure of the national economy in different countries is carried out. It is established that for the last five years the trend of development of enterprises in the sphere of services has grown.

  6. Popularising the "New International Political Economy": The ATTAC Movement

    Science.gov (United States)

    Bobulescu, Roxana

    2008-01-01

    Born in France in 1997, the ATTAC (Association for the Taxation of Financial Transactions to Aid Citizens) movement is popularising IPE (international political economy), the interdisciplinary field of study born in the United Kingdom in the 1970s. The affinity between the ideas and main concerns of ATTAC and IPE can be clearly stated. ATTAC is a…

  7. THE DE-OFFSHORE-ISATION OF THE RUSSIAN ECONOMY AS A FACTOR IN THE RECOVERY OF THE ECONOMIC SOVEREIGNTY OF THE COUNTRY

    Directory of Open Access Journals (Sweden)

    Alla L. Dykhova

    2015-01-01

    Full Text Available This article is devoted to problems of offshorization of the Russian economy andthe development of effective antioffshore policy aimed at restoring economic sovereignty of the country. The article examinesthe main causes of offshorization Russian business and the threat of economic security-related offshorization economy, and discusses the main directions of the development of a comprehensive antioffshore policy.

  8. The interaction between popular economy, social movements and public policies: A case study of the waste pickers' movement

    OpenAIRE

    van Zeeland, Angelique J.W.M.

    2014-01-01

    This paper examines the challenges of expansion and sustainability of Social and Solidarity Economy (SSE). It focuses on the interaction between popular economy and SSE, and stresses the importance of collective action and public policies to enable the transition from the informal economy toward SSE. The main focus is on the waste pickers' movement. Experiences from Latin America, Asia and Africa show the possibilities of incorporating a significant contingent of informal waste pickers in sol...

  9. Creative economy and knowledge-based society. Perspectives for Romania

    Directory of Open Access Journals (Sweden)

    Istudor Laura Gabriela

    2017-07-01

    reach the above mentioned objective, the paper has been structured by starting with a brief literature review on the topic, followed by some best practice examples in order to have an overview of the international trends in the field. It includes as well the main challenges for the implementation of the concept of creative economy in Romania, accompanied by a set of conclusions and recommendations.

  10. [Research on problem of exogenous pollution of Chinese medicine resources from perspective of circular economy].

    Science.gov (United States)

    Yang, Yi; Tian, Kan; Tian, Hong

    2016-08-01

    Based on the in-depth analysis of the current situation of the exogenous pollution of Chinese medicine resources, this research mainly discusses the intrinsic link and practical significance between the development of circular economy in Chinese medicine resources and the control of the problem of the exogenous pollution from the perspective of circular economy, and proposes some suggestions to develop the recycling economy of Chinese medicine resources from the establishment of legal system, mechanism of development, production norms, industry standards and regulatory system of the recycling of Chinese medicine resources. Copyright© by the Chinese Pharmaceutical Association.

  11. ECONOMY AND SOCIAL ENVIRONMENT

    Directory of Open Access Journals (Sweden)

    Oleg BOGOMOLOV

    2008-12-01

    Full Text Available Market reforms in the post-socialist countries have brought into sharp focus the problem of interconnection and interaction between the economy and the social environment. The economy is inseparable from politics and the operation of the political system, from the state of the social consciousness, the moral and cultural level of the population and from many other aspects of human life and behavior, in short, from everything that can be described by the concept of social environment. Society in every country is a single organism with closely interconnected and interacting parts and systems. Their conjugation and mutual influence are not always apparent and are often overlooked. It is quite easy to see how changes in policy affect the economy and then trace the feedback effect of the economy on policy. It is more difficult to discern the direct and feedback relationship of the economy with administrative relations, with the state of culture, science, morals and public opinion. Meanwhile, an underestimation of these mutual influences is a frequent cause of failures in socio-economic transformation. It is to be regretted that the reforms in Russia were accompanied by a dangerous disruption not only of the economy, but also of the entire system of social relations. What was primary here and what was secondary? In order to answer this question the paper takes a theoretical look at the problem of interaction between the economy and the social environment.

  12. Circular economy of plastic packaging: Current practice and perspectives in Austria.

    Science.gov (United States)

    Van Eygen, Emile; Laner, David; Fellner, Johann

    2018-02-01

    Plastics, especially from packaging, have gained increasing attention in waste management, driving many policy initiatives to improve the circularity of these materials in the economy to increase resource efficiency. In this context, the EU has proposed increasing targets to encourage the recycling of (plastic) packaging. To accurately calculate the recycling rates, detailed information on the flows of plastic packaging is needed. Therefore, the aim of this paper is to quantitatively and qualitatively investigate the waste management system for plastic packaging in Austria in 2013 using material flow analysis, taking into account the used product types and the polymer composition. The results show that 300,000 ± 3% t/a (35 kg/cap·a) of waste plastic packaging were produced, mainly composed of large and small films and small hollow bodies, including PET bottles. Correspondingly, the polymer composition of the waste stream was dominated by LDPE (46% ± 6%), PET (19% ± 4%) and PP (14% ± 6%). 58% ± 3% was collected separately, and regarding the final treatment, 26% ± 7% of the total waste stream was recovered as re-granulates, whereas the rest was thermally recovered in waste-to-energy plants (40% ± 3%) and the cement industry (33% ± 6%). The targets set by the EU and Austria were reached comfortably, although to reach the proposed future target major technological steps regarding collection and sorting will be needed. However, the current calculation point of the targets, i.e. on the input side of the recycling plant, is not deemed to be fully in line with the overall objective of the circular economy, namely to keep materials in the economy and prevent losses. It is therefore recommended that the targets be calculated with respect to the actual output of the recycling process, provided that the quality of the output products is maintained, to accurately assess the performance of the waste management system. Copyright © 2017

  13. The marriage of car sharing and hydrogen economy: A possible solution to the main problems of urban living

    Energy Technology Data Exchange (ETDEWEB)

    Kriston, Akos; Inzelt, Gyoergy [Department of Physical Chemistry, Institute of Chemistry, Eoetvoes Lorand University, 1117 Budapest, Pazmany Peter setany 1/A (Hungary); Szabo, Tamas [Department of Applied Analysis and Computational Mathematics, Institute of Mathematics, Eoetvoes Lorand University, 1117 Budapest, Pazmany Peter setany 1/C (Hungary)

    2010-12-15

    The hydrogen economy is seeking its killer application, which can break down the 'chicken and egg problem', i.e., no hydrogen powered car can be sold if it cannot be refueled, and nobody will invest to a hydrogen refueling station if no one has a hydrogen powered vehicle. The applications like material handling, backup-power, and small stationary combined heat and power (CHP) engines are the most promising candidates, which may show financial return in 3-5 years. The replacement of fossil fuel with hydrogen in the automotive industry offers a substantial reduction of the harmful environmental effects, however, it is still the most challenging because of the absence of the hydrogen infrastructure, the price and the lifetime of the fuel cell (FC) engine and the unsuitable regulations, as well. In this work a new possible market was identified and analyzed in different points of view. This market segment is a car-sharing system operating with small urban vehicles, which not only can solve some environmental problems (e.g., air pollution and CO{sub 2} emission), but also helps to reduce congestion, secure energy supply and ease its distribution. First, a sensitivity analysis was done and the key performance indicators of the system were determined. The financial return of a hydrogen-based car-sharing system was examined carefully as a function of the rated power of the fuel cell power train, the way of hydrogen supply, the cost of the hydrogen and the size of the car fleet. Finally, a possible hydrogen-based car-sharing service was designed and optimized to the downtown of Budapest, Hungary. A sustainable system was proposed, which can satisfy the needs of the business (i.e., profitability) and the environment. (author)

  14. The marriage of car sharing and hydrogen economy: A possible solution to the main problems of urban living

    International Nuclear Information System (INIS)

    Kriston, Akos; Inzelt, Gyoergy; Szabo, Tamas

    2010-01-01

    The hydrogen economy is seeking its killer application, which can break down the 'chicken and egg problem', i.e., no hydrogen powered car can be sold if it cannot be refueled, and nobody will invest to a hydrogen refueling station if no one has a hydrogen powered vehicle. The applications like material handling, backup-power, and small stationary combined heat and power (CHP) engines are the most promising candidates, which may show financial return in 3-5 years. The replacement of fossil fuel with hydrogen in the automotive industry offers a substantial reduction of the harmful environmental effects, however, it is still the most challenging because of the absence of the hydrogen infrastructure, the price and the lifetime of the fuel cell (FC) engine and the unsuitable regulations, as well. In this work a new possible market was identified and analyzed in different points of view. This market segment is a car-sharing system operating with small urban vehicles, which not only can solve some environmental problems (e.g., air pollution and CO 2 emission), but also helps to reduce congestion, secure energy supply and ease its distribution. First, a sensitivity analysis was done and the key performance indicators of the system were determined. The financial return of a hydrogen-based car-sharing system was examined carefully as a function of the rated power of the fuel cell power train, the way of hydrogen supply, the cost of the hydrogen and the size of the car fleet. Finally, a possible hydrogen-based car-sharing service was designed and optimized to the downtown of Budapest, Hungary. A sustainable system was proposed, which can satisfy the needs of the business (i.e., profitability) and the environment. (author)

  15. Inflation targeting in advanced vs. emerging economies before and after the crisis

    Directory of Open Access Journals (Sweden)

    Josifidis Kosta

    2014-01-01

    Full Text Available Emerging economies have specificities which distance them compared to advanced economies in practicing inflation targeting (IT monetary regime. One of the main differences in performing IT in advanced compared to emerging economies is “fear of floating” problem in emerging group. However, on the road from exchange rate (ER as a nominal anchor to IT, differences between advanced and emerging economies concerning “fear of floating” have been more or less narrowed. In this paper we are concentrated to selected aspects of ER pass-through to prices and output, as well as (indirect monetary policy reactions to ER shocks, trying to find out is significant difference observable between advanced and emerging IT countries in pre-crisis period and (postcrisis period. The comparison is made on the basis of forecast error variance decompositions from estimated Vector Autoregression (VAR / Vector Error Correction (VEC models. “Fear of floating” phenomenon should not be exclusively applied to emerging economies, especially in the crisis period burdened with external shocks. The role of ER in IT monetary framework is strengthened with higher internal vulnerability to ER shocks, despite the level of economic development. Advanced countries more use interest rate as an indirect way to withstand ER shocks, while emerging economies more use direct way via foreign exchange interventions to withstand the ER shocks.

  16. Impact of global financial crisis on the economy of Ukraine

    OpenAIRE

    Turko, Vasyl; Mukan, Andriy

    2013-01-01

    Thе primary concern of this research is to examine the impact of the global financial crisis on the economy of Ukraine. The principal result of this research is to identify the main causes and levers of that influence. The study proposes a new way out of economic crisis in Ukraine.

  17. Main areas of work of the German Radiation Protection Office (BfS). Final disposal of radioactive wastes

    International Nuclear Information System (INIS)

    Kleemann, U.

    2006-01-01

    The Federal Ministry for Environment, Nature Conservation and Reactor Safety (BMU) formulated twelve questions which are in principle relevant to all host rock formations and require clarification in any case. The task of the BfS was to compile a comparison of different host rock formations on the basis of the answers given to these twelve questions for the individual projects. The main focus was on whether these safety-related questions merit different answers for different host rock formations and whether this has an impact on the requirements to be placed on final disposal concepts

  18. The Monetary Policy in the System of State Regulation of the Indian Economy

    Directory of Open Access Journals (Sweden)

    Natalia V. Galistcheva

    2015-01-01

    Full Text Available The main task of this research is the analysis of India's monetary policy and its place in the system of state regulation of the economy. The article highlights the main directions of the Indian monetary policy in 1990-2000s aiming to raise competitiveness of the Indian goods on the foreign markets as well as stimulating the inflow of foreign capital in necessary volumes into the national economy. The author focuses on the main instruments of the modern Indian monetary policy, pursued in line with providing the undervalued rupee, which include the manipulating of the bank rate and currency interventions, directed mainly at sterilization of excessive inflow of foreign currency to the country. The article also underlines all the advantages and costs of the monetary policy. One of its main advantages is stimulation of national production's exports and among costs there are difficulties of importing machines and equipment into the country, increase of inflation rate as a result of massive inflow of export revenue, difficulties at external debt's service. The author notes the gradual nature of introduction of current account rupee convertibility and reasons for delay in achieving its full convertibility. Among them there are rather high level of fiscal deficit of the consolidated budget, essential average annual level of inflation, problems of non-performed assets in the economy, high liquidity ratio for commercial banks. The article also presents statistical data on the present state of the Indian foreign exchange reserves as well as dynamics in nominal and real effective exchange rate of rupee in 2005/06 - 2013/14 fiscal year.

  19. The structures of energy consumption and emissions into air in Finnish economy in 1990. An input-output analysis

    International Nuclear Information System (INIS)

    Maeenpaeae, I.; Tervo, H.

    1994-01-01

    The structures of utilization of primary energy, final consumption of electricity, and the main emissions into the air in Finnish economy in 1990 have been derived in this report on the basis of input-output analysis. By using an input-output model it is possible to calculate what is the productional content of different products, i.e. how much in total, directly or indirectly, work of different fields of production is needed for production of commodities. Energy and emissions into air can be assumed as basic inputs of the production. By using input-output analysis it is possible to follow up how the energy inputs and emissions of different branches are bound into commodity flows of economy. Hence a systematic and expiring figure is obtained of energy and emission contents of different branches. The basic matrix for calculation of primary energy and emission coefficients of different branches are made in the chapter no. 2. The formulae for calculation of the energy and emission contents of commodities are derived from common basic formulae of input-output analysis in the chapter no. 3. The branch-based energy and emission coefficients of commodities are presented in the chapter no. 4. The energies bound into household commodities and emissions into the air are presented in the chapter no. 5. The total presentation of the Finnish national product, the gross national product and the energy and emission contents of the main commodities is made in the chapter no. 6. (11 refs.)

  20. [VOCs tax policy on China's economy development].

    Science.gov (United States)

    Liu, Chang-Xin; Wang, Yu-Fei; Wang, Hai-Lin; Hao, Zheng-Ping; Wang, Zheng

    2011-12-01

    In this paper, environmental tax was designed to control volatile organic compounds (VOCs) emissions. Computable general equilibrium (CGE) model was used to explore the impacts of environmental tax (in forms of indirect tax) on the macro-economy development at both national and sector levels. Different levels of tax were simulated to find out the proper tax rate. It is found out that imposing environmental tax on high emission sectors can cause the emission decreased immediately and can lead to negative impacts on macro-economy indicators, such as GDP (gross domestic products), total investment, total product and the whole consumption etc. However, only the government income increased. In addition, the higher the tax rate is, the more pollutants can be reduced and the worse economic effects can be caused. Consequently, it is suggested that, the main controlling policies of VOCs abatement should be mandatory orders, and low environmental tax can be implemented as a supplementary.

  1. Political economy of nuclear power, 1946-1982

    International Nuclear Information System (INIS)

    Cohn, S.M.

    1986-01-01

    This dissertation seeks to explain the pattern of nuclear power development in the United States, treating the subject as a case study of how major infrastructural development choices are made in a modern capitalist economy. The main concept adduced in the thesis to organize nuclear history is that of an Official Technology (OT). The latter enjoys strong state support, the promoted image of the coming technology and capture of critical mass advantages. The dissertation analyzes the incentives key political-economic interests had for promoting nuclear power to OT status 1946-1974 and the mechanisms used by these groups to facilitate nuclear expansion. At OT differential, tallying the microeconomic impact of nuclear's capture of OT status is calculated. Included in the differential are the benefits of scale economies, learning curve cost reductions, federal subsidies and regulatory incentives, misleading information environments, and bureaucratic momentum. Nuclear's decline after 1974 is tied to the erosion of this differential by a political challenge to the technology's OT status

  2. Privatization Framework: Political Economy Perspective

    OpenAIRE

    Bastian, Indra

    2009-01-01

    Privatization has been recognized as a worldwide phenomenon. In this pa-per, a political economy approach is developed to analyze privatization. The ap-proach assumes that political economy and privatization overlap in people’s need. So, the framework of political economy in privatization is based on the ‘need’ phi-losophy. Government and private sectors are contrasted in this respect, leading to a conclusion on privatization as a method to manage the economy. Keywords: privatization, politic...

  3. Is Transition in the Russian Economy Complete?

    Directory of Open Access Journals (Sweden)

    Viktor Mikhailovich Kul’kov

    2015-09-01

    Full Text Available A quarter of a century passed since the beginning of market transformation (transition in Russia; nevertheless, there are serious doubts about whether the transition is complete. The effective transition to a new type of economy should ideally be a period of transformation, modernization and the formation of a national economic model. Only in this case can it be qualified as full, adequate, and constructive. Such combination has not taken place in Russia; it seems as if the market transformations were taking place independently, and this is the root of Russia’s many contemporary problems. The current crisis in the Russian economy primarily reflects the pendency of these tasks that were necessary to be solved from the very beginning of transformation. This crisis is first of all a focused expression and continuation of the transformation and reproduction crises in the national economy, the crisis of the current defective economic models and the then pursued economic policy. External factors only facilitated the exacerbation of Russia’s internal problems. In order to respond effectively to such a large-scale crisis it is necessary to consider all its aspects and underlying causes originating in the challenges of the transition period. Only the implementation of economic modernization and the formation of an effective national economic model is able to bring the Russian economy to a new level of development and thus to bring the transformation, which is lagging behind due to historical reasons, in line with these processes. In this case there will be good reason to conclude that the final border of the transition period is overcome. A new model of Russia’s economy must be adequate to the entire set of national-specific factors and strategic and vital development goals that Russia has. The core of modernization must be new industrialization, which is characterized by the transition to automation, computerization, greening of industrial

  4. Concept of digital nomad: fundamental risks of digital economy development

    Directory of Open Access Journals (Sweden)

    Elena Lyudvigovna Iakovleva

    2017-12-01

    Full Text Available Objective to identify the key risks of the digital economy development. Methods abstractlogical and dialectical methods. Results a modern individual cannot imagine their life without digital devices which facilitate their functioning and enable them to be included into the virtual space. The role of digital economy in the changes in all spheres of human life is analyzed in the article. With the growing role of the digital economy the approaches to business models formation are changing as well as the role of digital assets. This also leads to the transformation of human behavior the new risks of the digital economy accelerated development. In this regard the article characterizes an individual as a digital nomad defines the features of their behavior in the socioeconomic environment and highlights the main risks that arise in connection with digital nomadism. It is determined that one of the most characteristic features of a modern person is hypermobility eparkourism. In addition the paper describes the problems of anonymity in virtual space and the emergence of systems that provide anonymity of the individual as well as the risks arising in connection with that. The problem of lack of culture and value systems in the virtual space is highlighted as well the problem of developing contradictions in information leading to the alienation of people from the real world. It was determined that the informatization of economy on the one hand leads to faster business processes reduced transaction costs saving of variable costs due to robotization of production and on the other hand it leads to the transformation of competition growth of tension in society in connection with the job cuts. Another problem is personal and national security associated with the development of social networks the developers of which are other countries and also with the emergence of mechanisms of influence on mass consciousness. Scientific novelty it is shown that the risks

  5. Forecast of the energy final consumption for Minas Gerais State

    International Nuclear Information System (INIS)

    Almeida, P.E.F. de; Bechtlufft, P.C.T.; Araujo, M.E.A.; Vasconcelos, E.C.; Las Casas, H.B. de; Monteiro, M.A.G.

    1990-01-01

    This paper is included among the activities of the Energy Planning of Minas Gerais State and presents a forecast of the energy final consumption for the State up to year 2010. Two Scenarios are presented involving brazilian economy's evolution, the State's demography and its sectors: residential, services, transportation, agriculture and cattle-breeding and industry. Finally, it shows two forecast on energy final consumption for Minas Gerais State. (author)

  6. Interstate Economic Integration - Essential Characteristic of the Contemporary World Economy

    Directory of Open Access Journals (Sweden)

    Ramona Mariana CALINICA

    2016-04-01

    Full Text Available After the Second World War, the world economy became more and more characterized by an intensification of economic relations between different countries. The complex and diverse problems that faced the states, have imposed necessity for the identification of appropriate solutions to economic cooperation and economic interstate integration was considered an effective way to development and an answer to all these problems. The purpose of this article is to analyze the integration process of interstate economic integration in all its essential aspects. The study begins with the definition of the concept and continues with the analysis of the forms of interstate economic integration and the main organizations of this kind that existing in the world economy nowadays.

  7. Youth and the New Economy=Les jeunes et la nouvelle economie.

    Science.gov (United States)

    Community Perspectives Series, 2002

    2002-01-01

    This Community Perspective Series document includes statements about young people in the new economy of Toronto made by three participants in the October 2000 annual general meeting of the Toronto Training Board. "A Hitchhiker's Guide to the New Economy" (Olivia Chow) suggests that training programs available to young people are…

  8. Are transition economy workers underpaid?

    OpenAIRE

    Adamchik, Vera A.; Brada, Josef C.; King, Arthur E.

    2009-01-01

    We examine the extent to which workers in transition and developed market economies are able to obtain wages that fully reflect their skills and labor force characteristics. We find that workers in two transition economies, the Czech Republic and Poland, are able to better attain the maximum wage available than are workers in a sample of developed market economies. This greater wage-setting efficiency in the transition economies ap-pears to be more the result of social and demographic charact...

  9. Secondary resources and recycling in developing economies.

    Science.gov (United States)

    Raghupathy, Lakshmi; Chaturvedi, Ashish

    2013-09-01

    Recycling of metals extends the efficient use of minerals and metals, reduces pressure on environment and results in major energy savings in comparison to primary production. In developing economies recycling had been an integral part of industrial activity and has become a major concern due to the handling of potentially hazardous material without any regard to the occupational health and safety (OH&S) needs. With rising awareness and interest from policy makers, the recycling scenario is changing and the large scale enterprises are entering the recycling sector. There is widespread expectation that these enterprises would use the Best Available Technologies (BAT) leading to better environment management and enhanced resource recovery. The major challenge is to enhance and integrate the activities of other stakeholders in the value chain to make recycling an economically viable and profitable enterprise. This paper is an attempt to propose a sustainable model for recycling in the developing economies through integration of the informal and formal sectors. The main objective is to augment the existing practices using a scientific approach and providing better technology without causing an economic imbalance to the present practices. In this paper studies on lead acid batteries and e-waste recycling in India are presented to evolve a model for "green economy". Copyright © 2013 Elsevier B.V. All rights reserved.

  10. Changes in energy intensiveness of Hong Kong economy, 1995-2007

    International Nuclear Information System (INIS)

    Chow, Larry C.H.

    2010-01-01

    The growth of Primary Energy Requirements (PER) slackened appreciably since the late 1990s in Hong Kong while Final Energy Requirements (FER) actually declined. Yet GDP continued to grow at a respectable average annual growth rate during the period, leading to a drastic drop in the energy intensiveness of the economy. The article analyzed the factors that contributed to the emergence of the above phenomena and discussed its consequences. The factors that led to the drop in energy intensiveness with respect to FER includes the rising electrification of the fuel mix, improvements in energy end-use efficiency (partly induced by government policy), and changes in the structure of the Hong Kong economy. With respect to the decline in PER energy intensiveness, the following aspects are pertinent: the share of electricity consumption accounted for by nuclear imports, the efficiency of electricity generation in Hong Kong (partly determined by the type of fuels used) and losses due to transmission and distribution as well as station consumption (system losses). The decline in energy intensiveness is good to Hong Kong, both in terms of the economy and the environment. Its ramifications will be briefly discussed.

  11. Albania economy toward official euroisation

    Directory of Open Access Journals (Sweden)

    Erjola BARBULLUSHI

    2015-11-01

    Full Text Available The euroisation issue in European Integration context, is a continuous process of discussions between different researchers and regulatory institutions. Nowadays, different aspects of collaboration and integration processes between countries in the region, are extended in all politics, economic and security dimensions. In this study, we are going to treat one of the aspects of this process integration for Albania: the possibility of substituting the Albanian Lek with Euro, beginning with the explanation of the concept of euroisation. Also we are going to identify the actual non-official replacement level of lek and how it is expected to be realized in the future. Albania like other developing countries is lack of a currency with which people can buy abroad and which can be used in short-run and long-run credit contracts. On the other hand, the exchange rate represents an important risk, especially for the business which realizes transactions in foreign currency. Here in we are focused on the measurement of the money replacement level in Albania through three main methods. For this purpose is used the regression analysis in order to test the hypothesis under evaluation in two directions: endogenous and exogenous potential factors affecting this replacement. Through the factor analysis identifying the pro and cons of the euroisation phenomenon, we will give the potential alternative in our county economy conditions. Finally, the replacement rate cannot be assessed without being related to the degree of money in circulation replacement and the degree of assets replacement and without being connected with the exchange rate between currencies.

  12. Child Care and the New Economy: Part I--Three Pillars of the New Economy

    Science.gov (United States)

    Neugebauer, Roger

    2009-01-01

    Late in 2008, when it was becoming apparent that the economic downturn was not a simple blip but a serious recession, Warren Buffet confidently predicted that the American economy would bounce back and be as strong as ever. However, he observed, "the economy that emerges will not be the same economy that entered the downturn." Since then, one…

  13. Scale economies and optimal size in the Swiss gas distribution sector

    International Nuclear Information System (INIS)

    Alaeifar, Mozhgan; Farsi, Mehdi; Filippini, Massimo

    2014-01-01

    This paper studies the cost structure of Swiss gas distribution utilities. Several econometric models are applied to a panel of 26 companies over 1996–2000. Our main objective is to estimate the optimal size and scale economies of the industry and to study their possible variation with respect to network characteristics. The results indicate the presence of unexploited scale economies. However, very large companies in the sample and companies with a disproportionate mixture of output and density present an exception. Furthermore, the estimated optimal size for majority of companies in the sample has shown a value far greater than the actual size, suggesting remarkable efficiency gains by reorganization of the industry. The results also highlight the effect of customer density on optimal size. Networks with higher density or greater complexity have a lower optimal size. - highlights: • Presence of unexploited scale economies for small and medium sized companies. • Scale economies vary considerably with customer density. • Higher density or greater complexity is associated with lower optimal size. • Optimal size varies across the companies through unobserved heterogeneity. • Firms with low density can gain more from expanding firm size

  14. Demand for road-fuel in a small developing economy: The case of Sri Lanka

    International Nuclear Information System (INIS)

    Chandrasiri, Sunil

    2006-01-01

    This paper estimates the demand for road fuel (petrol and auto-diesel) in the context of a small developing economy-Sri Lanka. The data set covers a period of 39 years from 1964 to 2002 representing both close economy and open economy policy regimes. The estimation procedure is based on seemingly unrelated regression equation (SURE) methodology mainly to capture substitutability of petrol and diesel in road transportation. The effect of auto-fuel prices on vehicle demand is also analyzed as a part of the analysis. In addition to confirming existing evidence on road-fuel demand, the findings reveal some interesting evidence with respect to own-price elasticity, cross-price elasticity, lag effects, income and vehicle mix variables

  15. Regulating the sharing economy

    Directory of Open Access Journals (Sweden)

    Kristofer Erickson

    2016-06-01

    Full Text Available In this introductory essay, we explore definitions of the ‘sharing economy’, a concept indicating both social (relational, communitarian and economic (allocative, profit-seeking aspects which appear to be in tension. We suggest combining the social and economic logics of the sharing economy to focus on the central features of network enabled, aggregated membership in a pool of offers and demands (for goods, services, creative expressions. This definition of the sharing economy distinguishes it from other related peer-to-peer and collaborative forms of production. Understanding the social and economic motivations for and implications of participating in the sharing economy is important to its regulation. Each of the papers in this special issue contributes to knowledge by linking the social and economic aspects of sharing economy practices to regulatory norms and mechanisms. We conclude this essay by suggesting future research to further clarify and render intelligible the sharing economy, not as a contradiction in terms but as an empirically observable realm of socio-economic activity.

  16. Economy and Transparency: The Model Invention

    Directory of Open Access Journals (Sweden)

    Mahmud Hassan TALUKDAR

    2013-12-01

    Full Text Available Relation of Transparency and Economic growth is a long global debate in the society. Theoretically, policy makers, scholars and researchers argue that there is a close relation among these two variables. However, the quantitative relation and any global model is yet unrevealed. So, the main aim of this paper is to ascertain the nature, dimension and extent of the relationship between economy and Transparency as well as to invent a global model. This paper is useful for researchers, planners, policy makers and scholars who are directly or indirectly involved or willing to involve in the thrust for quantitative relation of these two variables. Literature review is the main source of information of this study. In introductory section, this paper briefly describes theoretical relationship of economy and Transparency as well as it also describes the proxy variables.GDP (2012 of different countries are used as proxy of Economy and Corruption Perception Index (CPI scores (2012 of different countries are used as proxy of level of Transparency. In methodology section this paper describes the detail methodology, sampling procedure and level of analysis. This study randomly selects 30 countries (10 from higher CPI scores+10 from moderate CPI scores+ 10 from lower CPI scores around the globe as sample. In the third section, this research presents the correlation value which divulge that there is a positive correlation (p=.047 with 95% confidence level. That reveals, if the level of transparency of any country increase, the GDP also increase accordingly. Then in this section two quantitative models are developed using linear regression analysis. First invented model is: Economy (GDP in billion US$ = [(8.983*Level of transparency -108.11]. This paper termed the first invented model as “Mahmud EcoT Model-1”. This model calibrates that one unit improvement of transparency leads 8.98 billion US$ improvement in the GDP of a country. Then taking this unit

  17. Macroeconomics in an open economy.

    Science.gov (United States)

    Cooper, R N

    1986-09-12

    The customary treatment of national economies as closed and self-contained must be substantially modified to allow for those economies that typically trade goods, services, and securities with other countries in increasing volume. Open economy macroeconomics is essential to understanding the major events of the U.S. economy over the past half dozen years. Both the sharp rise in the dollar and the unprecedentedly large U.S. trade deficit are linked to the U.S. budget deficit, as is the drop in the rate of inflation.

  18. Several remarks on the fuel cycle economy

    International Nuclear Information System (INIS)

    Roman Kubin; Rudolf Vespalec

    2007-01-01

    Present paper deals with some aspects influencing significantly cost of nuclear fuel and possibilities of its usage in optimal fuel cycle technology. Our discussion is focused on the phase of fuel procurement that means financial parts of the contract as well as its technical Appendices. Typically the fuel fabrication price is taken as the main economy indicator; nevertheless also many other financial and technical features of the contract must be taken into account in order to reach the best price of electricity sold into public energy grid. Our experience from several international tenders shows that the consistent complex of commercial and technical parameters of the contract is necessary to achieve optimal economic results and prepare proper conditions for advanced fuel cycle technology. Among those essential characteristics are payment conditions and schedule and extent of vendor's services and assistance to the operator. Very important role play also technical parameters, as safety and operational limits, influencing loading pattern quality and operating flexibility. Obviously also a level of operator's fuel cycle technology is a crucial point that is necessary for usage of technical quality of the fuel at the power plant. The final electricity price, produced by the plant, and uranium consumption are the only objective criteria to evaluate economic level of the fuel contract and the fuel cycle at all (Authors)

  19. MORAL ECONOMY AND FOREST CERTIFICATION - SYSTEMATIC REVIEW OF THE FINAL CONSUMER PERCEPTION

    Directory of Open Access Journals (Sweden)

    Gustavo Leonardo Simão

    2016-08-01

    Full Text Available The paper aims to analyze the perception of the final consumer in relation to forest certification. The research was performed through a systematic analysis by integrative contextualista approach, where were identified information on the recognition of the final consumer in relation to forest certification process in seven different countries. The results showed that only a small fraction in the consumer market is aware of the certification process in the forestry sector even in the economically developed regions. The findings show that one of the possible reasons for the increase of production of forest certified products in the last years is less by a requirement of final consumer and more for to a source of the product warranty along to intermediate actors in the forest value chain. There is also the possibility of requirements of forest certification made by intermediaries agents, in forest supply chain, figure as non-tariff barrier. Moreover, the focus of marketing activities for better efficiency should focus its activities not only in the final consumer, should also focus attention on to intermediaries agents.

  20. Green economy and related concepts

    NARCIS (Netherlands)

    Loiseau, Eleonore; Saikku, Laura; Antikainen, Riina; Droste, Nils; Hansjürgens, Bernd; Pitkänen, Kati; Leskinen, Pekka; Kuikman, Peter; Thomsen, Marianne

    2016-01-01

    For the last ten years, the notion of a green economy has become increasingly attractive to policy makers. However, green economy covers a lot of diverse concepts and its links with sustainability are not always clear. In this article, we focus on definitions of green economy and related concepts

  1. Knowledge Economy and Research Innovation

    Science.gov (United States)

    Bastalich, Wendy

    2010-01-01

    The "knowledge economy" has been received with considerable scepticism by scholars within the fields of political economy, social and political philosophy, and higher education. Key arguments within this literature are reviewed in this article to suggest that, despite policy claims, "knowledge economy" does not describe a "new" mode of economic…

  2. CREATIVE ACTIVITY MOTIVATION IN PHILOSOPHY OF ECONOMY PARADIGM

    Directory of Open Access Journals (Sweden)

    N. Ignatovych

    2015-10-01

    Full Text Available The features of person’s creative activity as powerful energy source are considered for economy development. The concentration of philosophy of economy is shown exactly on opening context forming valued options and personalities’ moral principles that show up in his or her entrepreneurial behavior. It is described, that into place of values, as send activity of person to service to the superpersonal interests, for repressing part of enterprise elite pragmatic whole services are put only to own mercantile interests and satisfaction of private desires. It is exposed, that an economic elite is oriented mainly on a lifestyle and western society’s values.The difference is shown between creative activity and creativity of person according to such citeria as result in realization of different level aims. Importance and necessity exactly of spiritual motivation of entrepreneurs are investigated for the decision of both economic and social tasks, that improve and promote the morally-valued reference-points in society, assist to innovative development of economy. It is proved that there is a need in clear explanation to both business and society of motivation features of people’s creative activity in our state, argumentations of its importance for solving a deep financial crisis and not simple political situation.

  3. The Challenges for the Multilateral Trading System Raised by the Ongoing Structural Transformations in the Global Economy

    Directory of Open Access Journals (Sweden)

    Agnes Ghibuțiu

    2012-04-01

    Full Text Available Over the last decade, international trade has been growing faster than global production, steadily increasing interdependence among nations. Sustained trade growth has been accompanied by profound changes in the patterns of trade flows, reflecting new production structures emerging under the impact of rapid progress in the development of transport, communications and information technologies, major shifts in the patterns of demand, rapid expansion of global production networks, and increasing integration of developing countries into the world economy. While global trade relations experienced a dramatic transformation during the last decade, the multilateral trading system and the WTO – the venue for international trade cooperation – failed to keep pace with the rapidly changing trade environment. Consequently, the world trade rule-book that is currently guiding international trade relations as a result of the Uruguay Round (1986-1994 and the creation of the WTO (in 1995 is stuck in the requirements of 20st century trade. Improving and adjusting multilateral trade rules and disciplines ranked among the main objectives of the Doha Round launched in 2001. However, trade negotiations have been stalled since 2008. And with this impasse, the legislative function of the WTO responsible for the elaboration of new rules has been also blocked, hindering thus the process of adjustment. This paper addresses the main challenges confrunting the multilateral trading system both in the long and short-term in its endeavour to adjust to the new realities of 21st century trade. More specifically, it takes a look at the key problems arising for international cooperation in trade from: (1 the continually shifting weight of economic power and influence within the world economy; (2 the dynamic spread of global production networks operated by TNCs; and (3 the explosion of regionalism and preferential trade agreements. Finally, the paper highlights the vital

  4. Collaborative Economy and Tourism

    DEFF Research Database (Denmark)

    Dredge, Dianne; Gyimóthy, Szilvia

    2017-01-01

    The digital collaborative economy is one of the most fascinating developments to have claimed our attention in the last decade. Not only does it defy clear definition, but its historical links back to non-monetised sharing and gift economies and its contemporary foundations in monetising idling...... or spare capacity make it difficult to theorise. In this chapter, we lay the foundation for a social science approach to the exploration of the collaborative economy and its relationship with tourism. We argue that “collaborative” and “economy” should be conceptualised in a broad and inclusive manner...... in order to avoid narrow theorisations and blinkered accounts that focus only on digitally-mediated, monetised transactions. A balance between individual and collective dimensions of the collaborative economy is also necessary if we are to understand its societal implications....

  5. The Transformation of Danish Towns and Regions in the Knowledge Economy

    DEFF Research Database (Denmark)

    Hansen, Kalle Emil Holst

    Western economies are mainly based on knowledge-intensive industries. This has caused a major geographical shift and a divide in economic growth between few prosperous, larger city-regions and many non-core, smaller towns that are trailing behind. At the heart of this PhD thesis is an investigation...

  6. Integrating Into the Global Economy Through Services. The Case of Romania

    Directory of Open Access Journals (Sweden)

    Agnes Ghibuțiu

    2014-04-01

    Full Text Available Services represent a most important and dynamic frontier of international trade and investment. The steady expansion of trade in services and its relative resilience in the recent crisis, coupled with its key role in global production networks and its increasing potential in attracting investment provides new opportunities for countries to grow their economies and integrate into the global economy. Drawing on insights from current literature and relying on balance of payments and trade in value-added statistics, this paper examines the main developments shaping Romania’s services trade over the post-crisis years. Its aim is to assess whether the country is grabbing the new opportunities arising from services globalization. It finds that following the dramatic crisis-induced decline in the value and performance of Romania’s services trade, the outlook is now radically improving as evidenced by the strongly rebounding services flows and net exports. Nonetheless, the country’s integration into the global economy through services flows continues to remain below its potential.

  7. Integrating into the Global Economy through Services. The Case of Romania

    Directory of Open Access Journals (Sweden)

    AGNES GHIBUŢIU

    2014-05-01

    Full Text Available Services represent a most important and dynamic frontier of international trade and investment. The steady expansion of trade in services and its relative resilience in the recent crisis, coupled with its key role in global production networks and its increasing potential in attracting investment provides new opportunities for countries to grow their economies and integrate into the global economy. Drawing on insights from current literature and relying on balance of payments and trade in value-added statistics, this paper examines the main developments shaping Romania’s services trade over the post-crisis years. Its aim is to assess whether the country is seizing the new opportunities arising from services globalization. It finds that following the dramatic crisis-induced decline in the value and performance of Romania’s services trade, the outlook is now radically improving as evidenced by strongly rebounding services flows and net exports. Nonetheless, the country’s integration into the global economy through services flows continues to remain below its potential.

  8. The underground economy in Romania

    Directory of Open Access Journals (Sweden)

    Adriana Veronica LITRA

    2016-07-01

    Full Text Available The paper aims at covering issues related to the underground economy, activities that compound this phenomenon, its magnitude in Romania and reported to the European average. Underground economy in Romania consists of undeclared work (2/3 from the total and unreported income; it decreased from 33.6% of GDP in 2003 to 28% in 2014, but remained over EU-28 average with about 10 p.p. Among EU-28 countries, only Bulgaria exceeds the size of the underground economy of Romania. The underground economy is a challenge for the leadership of the state which must act simultaneously to stop illegal activities, and to discourage non-declaration of the legal activities. Corruption favours maintaining the underground economy, delays economic development, obstructs democratic processes and affects justice and the law state.

  9. Shoe midsole longitudinal bending stiffness and running economy, joint energy, and EMG.

    Science.gov (United States)

    Roy, Jean-Pierre R; Stefanyshyn, Darren J

    2006-03-01

    It has been shown that mechanical energy is dissipated at the metatarsophalangeal (MTP) joint during running and jumping. Furthermore, increasing the longitudinal bending stiffness of the midsole significantly reduced the energy dissipated at the MTP joint and increased jump performance. It was hypothesized that increasing midsole longitudinal bending stiffness would also lead to improvements in running economy. This study investigated the influence of midsole longitudinal bending stiffness on running economy (performance variable) and evaluated the local effects on joint energetics and muscular activity. Carbon fiber plates were inserted into running shoe midsoles and running economy, joint energy, and electromyographic (EMG) data were collected on 13 subjects. Approximately a 1% metabolic energy savings was observed when subjects ran in a stiff midsole relative to the control midsole. Subjects with a greater body mass had a greater decrease in oxygen consumption rates in the stiff midsole relative to the control midsole condition. The stiffer midsoles showed no significant differences in energy absorption at the MTP joint compared with the control shoe. Finally, no significant changes were observed in muscular activation. Increasing midsole longitudinal bending stiffness led to improvements in running economy, yet the underlying mechanisms that can be attributed to this improvement are still not fully understood.

  10. The role of transit in the economy of Latvia

    Directory of Open Access Journals (Sweden)

    Gžibovska Nataļja

    2013-06-01

    Full Text Available Transit is an important issue in the history of world economy, including the economy of Latvia. Transit makes a significant contribution to the budget of many transit countries, one of which is the Republic of Latvia. These countries do not have significant natural resources and prefer to focus on logistics and infrastructure in order to facilitate the transit process. This article focuses on the role of transit in the economy of Latvia, whose unique geographical position makes the country an effective transport corridor (bridge in both the west-east and north-south directions. The article presents the results of an opinion poll conducted at Latvian transit enterprises regarding their future development and offers an overview of the main seaports and the Rīga international airport. The author examines the issue of Russia’s accession to the World Trade Organization and its impact on the Latvian transit, the prolongation of EU sanctions against Belarus, and the use of Latvian transport infrastructure for handling the non-military cargo traffic to/from Afghanistan. In conclusion, a forecast of possible transit development in Latvia is provided.

  11. Popular Education in Solidarity Economy

    Science.gov (United States)

    de Melo Neto, José Francisco; da Costa, Francisco Xavier Pereira

    2015-01-01

    This article seeks to show the relation between popular education and solidarity economy in experiences of solidarity economy enterprises in Brazil. It is based on diverse experiences which have occurred in various sectors of this economy, highlighting those experiences which took place in João Pessoa with the creation of a Cooperative of Workers…

  12. Tourism, the Future of Economy in Albania

    Directory of Open Access Journals (Sweden)

    Arjana Kadiu

    2016-03-01

    Full Text Available Tourism is one of the main pillars of economy for many countries in the world. It influences the economy and offers more employment possibilities every year. Mediterranean countries have a favorable, geographical position and climate to develop tourism. Most of these countries, have obtained higher incomes from this industry, and as a result, more prosperity and economic development. Today, about 30 % of the world’s tourists spend their vacations in the Mediterranean Region. Albania is one of these countries and it has great possibilities for the future.The nature of Albania, it’s geographical position and its panorama, the climatic and physical diversity of its territory, represent some of its rich resources and strengthness. Previously, Albania’s economy depended in agriculture and small industries. After the 90-s, when many citizens left the country, the situation changed and even that source of income became inconsiderable. Heavy or textile industry, were hardly developed. Tourism was hardly developed too. Only few investments were made in this sector. In October 2012, EU Commission recommended Albania to be granted the EU candidate status. Therefore, Albania’s economy has to be developed according to EU standards. In this paper we would like to assess, which may be some important and effective innovative management strategies for Albania’s tourism. What are some of the steps to follow in this direction? The article aims to make a comparison with Greece and Montenegro, as reference points, in order to understand these countries’ touristic strategies and try to adapt some of them or think about new effective ones. It aims to provide a profile that shows; strengths, weaknesses, opportunities and threats. The study will be based in official statistics and scientific literature. The study concludes that the economic benefits of tourism are considerable, immediate and there are many new ways to activate the natural sources of Albania.

  13. Social Economy: Challenges and Opportunities

    Directory of Open Access Journals (Sweden)

    Ioan HOSU

    2012-06-01

    Full Text Available The present article addresses a topic of interest for both the public sector and the nonprofit sector, namely that of the innovative practices of social economy. Diverse practices and models of social economy are increasingly present in the Romanian community, this being the reason why it is important to study the major coordinates of social economy and social entrepreneurship identified by means of an empirical research done in Romania. Social economy is considered one of the most important innovative strategy approaches as this sector may contribute to some efforts done for the elimination of poverty and the re-launching of local economies. The integration of the identified elements in regional programs and public policies is the starting point of the strategic approaches regarding reform in public administration. Social economy can be an example of joint action for public and private organizations and institutions interested in carrying out community projects based on inclusive, participative and innovative forms of community development.

  14. The Role of Unions in the American Economy. Second Edition.

    Science.gov (United States)

    Marshall, Ray; Rungeling, Brian

    Intended as a resource for secondary teachers, this book analyzes the role of unions in the American economy and examines the main forces influencing unions in the United States. This second edition includes important domestic and external events that have affected U.S. economic policy and unions since the first edition was published in 1976.…

  15. Human trafficking: fighting the illicit economy with the legitimate economy

    OpenAIRE

    Shelley, Louise; Bain, Christina

    2015-01-01

    Since the beginning of research on human trafficking, there has been attention paid to the challenges surrounding the illicit economy. In creating new strategies and initiatives on combatting human trafficking, there needs to be more discussion surrounding the legitimate economy and how the business sector can make an impact in the fight against trafficking. Currently, there is a growing movement of businesses that are looking to address human trafficking through training, education, and lead...

  16. Competitiveness of chinese socialist market economy

    Directory of Open Access Journals (Sweden)

    Henry Ernesto Turner Barragán

    2015-08-01

    Full Text Available The article analyzes the dynamics held by the Chinese economy becomes, since it happened to be a communist to a capitalist economy and social market economy. Being in the latter, in which the country achieved high rates of economic growth, and improve their competitiveness pillars, generating higher growth prospects in the economy and the income of the society.

  17. Doing Business Economy Profile 2017 : Australia

    OpenAIRE

    World Bank Group

    2016-01-01

    This economy profile presents the Doing Business indicators for Australia. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator. Doing Business 2017 is the 14th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. Economies are ranked on their ease of doing...

  18. Doing Business Economy Profile 2017 : Uruguay

    OpenAIRE

    World Bank Group

    2016-01-01

    This economy profile presents the Doing Business indicators for Uruguay. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator. Doing Business 2017 is the 14th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. Economies are ranked on their ease of doing b...

  19. The Political Economy of Crisis and the Crisis of Political Economy: The Challenge of Sustainability

    Directory of Open Access Journals (Sweden)

    Graham Murdock

    2015-10-01

    Recent developments in the organisation of capitalism have given renewed urgency to critical political economy’s core concern with the shifting relations between capital, state and civil society and placed issues around communications and culture at the centre of debate. Successive responses to the crisis of capitalism in the 1970s and the 2008 financial crisis have extended marketization, consolidated corporate control over public culture, displaced and casualised labour, escalated product promotion, placed consumption fuelled by personal debt at the centre of models of growth, and generated rapidly widening inequalities in access and agency. At the same time, the political instabilities following the end of the Cold War have licenced a move from selective to saturation surveillance that has given the major capitalist states unprecedented entry into intimate life. The critical political economy culture and communications has seized the moment and produced powerful accounts and critiques of these shifts and their implications for democratic life. The first part of the paper offers a critical overview of this work. With some notable exceptions however, critical political economies of communications have not fully incorporated the climate crisis into their analyses. Yet communication systems, particularly digital systems, are central to the unfolding climate crisis, not simply as central spaces of public information (and misinformation and debate, but as arrays of infrastructures and machines that consume resources and power and foster patterns of use and disposal that exacerbate problems of waste and pollution and reinforce patterns of inequality, with those least able to cope likely to be the most affected. The second part of the paper expands on this argument The third and final part follows the implications of this analysis through arguing that critical communications policy not only needs to address the problem of curbing corporate and state abuses of control

  20. Biotechnological Perspectives of Pyrolysis Oil for a Bio-Based Economy.

    Science.gov (United States)

    Arnold, Stefanie; Moss, Karin; Henkel, Marius; Hausmann, Rudolf

    2017-10-01

    Lignocellulosic biomass is an important feedstock for a potential future bio-based economy. Owing to its compact structure, suitable decomposition technologies will be necessary to make it accessible for biotechnological conversion. While chemical and enzymatic hydrolysis are currently established methods, a promising alternative is provided by fast pyrolysis. The main resulting product thereof, referred to as pyrolysis oil, is an energy-rich and easily transportable liquid. Many of the identified constituents of pyrolysis oil, however, have previously been reported to display adverse effects on microbial growth. In this Opinion we discuss relevant biological, biotechnological, and technological challenges that need to be addressed to establish pyrolysis oil as a reliable microbial feedstock for a bio-based economy of the future. Copyright © 2017 Elsevier Ltd. All rights reserved.

  1. THE NEW CLASSICAL ECONOMY AND COUNTER-REVOLUTION OF THE MONETARISM

    Directory of Open Access Journals (Sweden)

    KRUME NIKOLOSKI

    2016-06-01

    Full Text Available The new classical economy as a school of economic thinking is developed on the basis of monetarism during 70’s and 80’s of the last century. At that time, monetarism as an extreme monetarist formulation had its golden era when it was necessary to maintain the money supply fairly stable, and that will increase slowly each year , mainly to allow natural growth of the economy. Monetarism spread in favor of economists, and the relationship between different measures of the money supply and inflation proved to be less clear than many monetary theories suggest. In this paper will be analyzed characteristics of monetary position, neglected role of money in Keynesian’s models, Phillips agreement for inflation / unemployment and the role of expectations

  2. New Normal in Russian Economy: Regional Specificity

    Directory of Open Access Journals (Sweden)

    Yakov Petrovich Silin

    2016-09-01

    Full Text Available The main objective of the article is to study the concepts of “New Normal”, “New Industrialization” and the questions of formation and development of the productions of the fifth and sixth technological modes in the regional economic area. Substantive expansion of “New Normal” concept was argued, it became popular during the global financial and economic crisis of 2008. The logic of transformation to a “New Normal” is true not only for the world economy, individual countries and regions, but also for the Sverdlovsk region. The scientific hypothesis of the article consists in the identifying the characteristics of “New Normal” at the regional level and showing the possible directions of transformation from a «New Normal” situation using the concept of new industrialization for the regional economy. The main features of “New Normal” in the region were identified and analyzed. There are, for example, the slow growth of industrial production, the reducing of the investment climate, the low dynamics of metal prices. It is proved that the realization of the concept of new industrialization in the region can become the most attractive answer to the challenges of «New Normal». The need for the integration of the processes of new industrialization with the formation and development of the productions of the fifth and sixth technological waves is proved. The article is focused on the possibility of the transformation of the Sverdlovsk region in the region of the technological breakthrough of the 21st century. It is demonstrated that during 15–20 years, the priority will be the development of the productions of the fifth and sixth technological waves that will be based on the high-tech production of military-industrial complex, nuclear energy as well as nanotechnology and nanomaterials. It is proved that at this time, the model of innovative development of the region may be realized. It is able to lead the regional economy

  3. Understanding the New Economy.

    Science.gov (United States)

    Morrell, Louis R.

    2001-01-01

    Asserts that while the Nasdaq bubble did burst, the new economy is real and that failure to understand the rules of the digital economy can lead to substandard investment portfolio performance. Offers guidelines for higher education institutional investors. (EV)

  4. ICT Innovation in Emerging Economies

    DEFF Research Database (Denmark)

    Xiao, Xiao; B. Califf, Christopher; Sarker, Saonee

    2013-01-01

    ICT innovation is known to significantly elevate a country’s growth and to enhance productivity. It is now well-acknowledged that emerging economies are beginning to innovate at a rapid rate despite some of the challenges they face. Given that these countries with such economies now comprise...... economies, what needs to be studied, and how they should be studied. We attempt to contribute in this area by: (1) providing a comprehensive framework of existing research on ICT innovation in emerging economies, (2) highlighting the gaps that have been left behind, and (3) providing specific guidelines...... to future researchers, including a research model summarizing the salient issues that need examination. We believe that our study makes an important contribution to research on ICT innovation in emerging economies, and can be a useful resource for future researchers interested in this topic....

  5. Establishment of networks in the energy economy. Change management in the background of the revised version of the energy economy act; Etablierung von Netzwerken in der Energiewirtschaft. Change Management vor dem Hintergrund der Neufassung des Energiewirtschaftsgesetzes

    Energy Technology Data Exchange (ETDEWEB)

    Meister, F.

    2007-02-15

    The revision of the energy economy act results into fundamental modifications with respect to the energy economy. Especially, smaller public utilities are threatened in their existence due to the liberalisation of the European current markets. In order to exist in the competition, company networks offer themselves as a solution. The establishment of such networks failed due to an extreme complexity, political interests, insufficient trust in co-operation partners as well as company cultural problems. Under this aspect, the author of the book under consideration reports on an analysis of six successful networks and one unsuccessful network. It is shown how networks generally and especially in the energy economy can be realized successfully. Apart from economical questions sociological and psychological aspects are examined. Main aspects are distribution of power, building up of confidence, regionality and transferring network contents. The author develops a comprehensive approach of change management in order to establish company networks and identifies success factors as well as failure factors with respect to the practical conversion. This book is written for lecturers and students of the applied economics (main field: research of networks, change management, personnel, organization, management and energy economy), managers in the area of company development of power supply companies as well as management consultants and personnel companies.

  6. Innovative Economy as the Objective Necessity of the Contemporary Development of an Economic System

    Directory of Open Access Journals (Sweden)

    Gotsuliak Liudmyla V.

    2016-03-01

    Full Text Available The article considers substance and main features of innovation economy, discloses the basic principles of its building, its signs and indicators. The results of transition to innovative economy both in the developed countries and in the so-called newly industrializing countries have been studied and are visualized. Thus, formation of the innovation economy in the era of postindustrial society, generally based on science and knowledge, stipulates that embedding in the production of the results of research and development, as well as informational and other new technologies, not only can be able to radically change the mechanism of interaction between countries, regions, individual enterprises, but also can entail changing our view of the laws and basics of functioning and developing of economic systems on different levels. The sine qua non conditions for efficiency of innovation economy, conditions for scientific-technological breakthrough and civilized existence of our country in the 21st century have been disclosed.

  7. Baumol's disease and dematerialization of the economy

    Energy Technology Data Exchange (ETDEWEB)

    Kander, Astrid [Department of Economic History, Box 7083, 220 07 Lund (Sweden)

    2005-10-05

    This paper argues that there is reason to be skeptical about the idea that the transition to a service economy will bring about dematerialization of production and consequent environmental improvement. This is because the shift to a service economy is an illusion in terms of real production, but is instead generated by the fall in the price of manufacturing goods relative to services, which is in turn caused by more rapid productivity growth in manufacturing than in services. This argument relies on the insights Baumol provided on the nature of the service economy and uses Swedish long-term data on relative sectoral development as an empirical illustration. On the other hand, the paper argues that there is reason to be cautiously optimistic that structural change may bring about a greening of growth, namely the changes in growth patterns sometimes labeled the third industrial revolution, which is connected to the emergence of microelectronics. Swedish CO{sub 2} emissions show a decline after 1970, which is mainly explained by a politically driven change in the mix of energy carriers, but is also related to the stabilization of energy consumption. This energy stabilization was caused by slow growth of the economy in conjunction with substantial declines in energy intensity within industrial sectors and an absence of relative growth of the heavy sectors, a growth that had marked the economy between 1870 and 1970. Microelectronics have contributed to permanently transforming the Swedish industrial sector in a lighter direction, reducing energy losses in heavy industries and stabilizing household energy consumption. So it appears as if there may be some environmental gains from this development that was initiated in the 1970s, but not from relatively more production in the service sector.

  8. Across the water and down the ladder: occupational health in the global economy.

    Science.gov (United States)

    Frumkin, H

    1999-01-01

    As the world economy becomes more integrated, and as industrial production expands in poor nations, workers in these nations face a range of occupational health and safety hazards. This article discusses the political economy of occupational health in developing nations by reference to multinational companies, free trade zones, free trade agreements, and the export of hazards. It reviews the special circumstances of occupational safety and health in developing nations and presents data on morbidity and mortality related to workplace exposures in these nations. Finally, it discusses approaches to improving workplace safety in developing nations, including policy initiatives, both mandated and voluntary, and public health initiatives, including training, technical assistance, collaborative research, and advocacy.

  9. Quantum Mechanics and the Principle of Least Radix Economy

    Science.gov (United States)

    Garcia-Morales, Vladimir

    2015-03-01

    A new variational method, the principle of least radix economy, is formulated. The mathematical and physical relevance of the radix economy, also called digit capacity, is established, showing how physical laws can be derived from this concept in a unified way. The principle reinterprets and generalizes the principle of least action yielding two classes of physical solutions: least action paths and quantum wavefunctions. A new physical foundation of the Hilbert space of quantum mechanics is then accomplished and it is used to derive the Schrödinger and Dirac equations and the breaking of the commutativity of spacetime geometry. The formulation provides an explanation of how determinism and random statistical behavior coexist in spacetime and a framework is developed that allows dynamical processes to be formulated in terms of chains of digits. These methods lead to a new (pre-geometrical) foundation for Lorentz transformations and special relativity. The Parker-Rhodes combinatorial hierarchy is encompassed within our approach and this leads to an estimate of the interaction strength of the electromagnetic and gravitational forces that agrees with the experimental values to an error of less than one thousandth. Finally, it is shown how the principle of least-radix economy naturally gives rise to Boltzmann's principle of classical statistical thermodynamics. A new expression for a general (path-dependent) nonequilibrium entropy is proposed satisfying the Second Law of Thermodynamics.

  10. Social economy and social enterprise

    DEFF Research Database (Denmark)

    Hulgård, Lars

    2011-01-01

    practice will be put under increasing pressure. There is a difference between a social economy approach to the third sector and an approach based upon the notion of a non-profit constraint. Social economy is well positioned as a third sector to play a core role in meeting this urgency. But how does...... the social economy fit with current strategies in the areas of welfare policies and social service? Is it as a certain type of social entrepreneurship an integral part of a social innovation of the mainstream market economy or is it part of an emerging counter discourse in the sense of a participatory non...

  11. Comparison of running and cycling economy in runners, cyclists, and triathletes.

    Science.gov (United States)

    Swinnen, Wannes; Kipp, Shalaya; Kram, Rodger

    2018-07-01

    Exercise economy is one of the main physiological factors determining performance in endurance sports. Running economy (RE) can be improved with running-specific training, while the improvement of cycling economy (CE) with cycling-specific training is controversial. We investigated whether exercise economy reflects sport-specific skills/adaptations or is determined by overall physiological factors. We compared RE and CE in 10 runners, 9 cyclists and 9 triathletes for running at 12 km/h and cycling at 200 W. Gross rates of oxygen consumption and carbon dioxide production were collected and used to calculate gross metabolic rate in watts for both running and cycling. Runners had better RE than cyclists (917 ± 107 W vs. 1111 ± 159 W) (p < 0.01). Triathletes had intermediate RE values (1004 ± 98 W) not different from runners or cyclists. CE was not different (p = 0.20) between the three groups (runners: 945 ± 60 W; cyclists: 982 ± 44 W; triathletes: 979 ± 54 W). RE can be enhanced with running-specific training, but CE is independent of cycling-specific training.

  12. The International Treaty on Global Warming: Is it Good or Bad for the Economy?

    Science.gov (United States)

    Wei, Xinyu; Bao, Wenbin

    2018-06-01

    Global warming is one of the hottest topics all over the world. International authorities have worked together to negotiate the Paris Agreement on global warming. This Agreement has its supporters and critics. The key question is whether on balance is the Paris Assignment good or bad for the United States economy. This paper begins with some background information leading up to the passage of the treaty. Next, I outline what is in treaty. I then critically analyze the arguments in support of and against the Assignment. Finally, I explain the basis for my opinion that in the long run the treaty will benefit the United States economy.

  13. The global household: toward a feminist postcapitalist international political economy.

    Science.gov (United States)

    Safri, Maliha; Graham, Julie

    2010-01-01

    The goal of this article is to introduce a new category into international political economy-the global household-and to begin to widen the focus of international political economy to include nonmarket transactions and noncapitalist production. As an economic institution composed of transnational extended families and codwellers (including international migrants and family members left behind in countries of origin), the global household is engaged in coordinating international migration, sending and receiving billions of dollars in remittances, and organizing and conducting market- and non-market-oriented production on an international scale. We first trace the discursive antecedents of the global household concept to theories of the household as a site of noncapitalist production and to feminist ethnographies of transnational families. In order to demonstrate the potential significance and effect of this newly recognized institution, we estimate the aggregate population of global households, the size and distribution of remittances, and the magnitude and sectoral scope of global household production. We then examine the implications of the global household concept for three areas of inquiry: globalization, economic development, and the household politics of economic transformation. Finally, we briefly explore the possibilities for research and activism opened up by a feminist, postcapitalist international political economy centered on the global household.

  14. Future Economy and Touristic Entrepreneurship

    Directory of Open Access Journals (Sweden)

    Viorica Jelev

    2016-09-01

    Full Text Available Specialists claim that Eco-Bio-economy or social economy is the economy of future, in the service of human life by the rational use of environmental resources. The concept brings together in an integrated manner, according to the researchers, economy, ecology, biodiversity, biotechnologies and focuses on integrated sustainable development of the world. The new social economy, together with the corporate social responsibility joins a new multipolar world to a healthy environment by creative and innovative concepts that will ensure the sustainability of living in a sustainable manner. Doctors have added to thisEco-Bio-Economy concept a new one called One Health - a new integrated approach for human, animals and environment health state to that they should emphasize the importance of human behavior upon the planet biodiversity. Economer agents have mostly understood the importance of alarm signals drawn up by researchers on the destruction of the resources of the planet and adapted their business sites to the requirements of the green economy. A responsible business is also ecotourism that promotes a favourable travel for the surrounding environment. It requires accommodation on farms, in peasant houses, small rural hotels. The educational environment contributes to the trend planetary tourism, with the formation of new specialists with new knowledge, behaviors and consumers use formation of new characters, sensitive to environmental issues. This educational model is also promoted by Spiru Haret University, by creating the Master degree in tourism but also in environmental protection.

  15. The Political Economy of Postwar Economic Development in Sri Lanka

    Directory of Open Access Journals (Sweden)

    Prasanna-Perera Welgamage Lalith Prasanna-Perera

    2014-12-01

    Full Text Available Thirty years of civil war in Sri Lanka has affected economic, political, social, cultural and psychological aspects of the society significantly. This paper presents an overview of postwar development strategies in Sri Lanka and compares it with the prewar economy from a political economic perspective. The paper specifically examines the progress of the overall postwar development in the war affected Northern Province of Sri Lanka. Using mixed methodologies data was gathered on critical aspects related to political economy. According to the current study, no clear progress has been made in the areas of economic growth, FDI growth, household income, and poverty and income inequality in the postwar economy of Sri Lanka when compared with the prewar economy. Government fiscal policy targets the postwar reconstruction works while monetary policy enjoys the amalgamation of North and East provinces to country’s aggregate supply apart from introducing very few loan schemes. Security phobia of the government of Sri Lanka limits local, national, regional and international none-government organizations especially in the North and East. There is a considerable amount of progress made in the area of infrastructure development and resettlement of displaced persons. However, primary data from the study indicates these strategies lack conflict sensitivity and public trust. This study emphasizes that postwar economic development strategies should address the critical determinants of sustainable recovery, peace and development aiming at protecting human rights, ensuring rule of law, establishing efficient public service system and finally offering constitutional reforms in Sri Lanka.

  16. Chances for a circular economy in the Netherlands; Kansen voor de circulaire economie in Nederland

    Energy Technology Data Exchange (ETDEWEB)

    Bastein, T.; Roelofs, E.; Rietveld, E.; Hoogendoorn, A.

    2013-06-15

    The concept of circular economy is an economic and industrial system that focuses on the reusability of products and raw materials, reduces value destruction in the overall system and aims at value creation within each tier of the system. In this report the (economic) opportunities are quantified as much as possible, and impacts on employment and the environmental are addressed. The study focuses specifically on the Dutch economy. The analysis starts by means of two detailed case studies: the use of biomass wastes and the circular economy that may arise in the metal-electronics industry [Dutch] Het begrip 'circulaire economie' is een economisch en industrieel systeem dat zich richt op de herbruikbaarheid van producten en grondstoffen, waarde vernietiging in het totale systeem minimaliseert en waarde creatie in iedere schakel van het systeem nastreeft. In dit rapport worden de (economische) kansen zoveel mogelijk gekwantificeerd, waarbij effecten op werkgelegenheid en milieudruk aan bod komen. De studie richt zich nadrukkelijk op de gehele Nederlandse economie. De analyse start aan de hand van twee gedetailleerde case studies: de benutting van reststromen uit biomassa en de circulaire economie die kan ontstaan t.b.v. producten uit de metaalelektro-sector.

  17. Foreword. The Knowledge Economy: The Present Future

    Directory of Open Access Journals (Sweden)

    Constantin Bratianu

    2017-12-01

    Full Text Available All the statistics and evaluations show that the Knowledge Economy is our future. However, a close look at the developed economies demonstrates that the Knowledge Economy is already here, shaping our present time. Although there are many definitions of this new economic framework, their core content stresses the importance of data, information, and knowledge in the production of goods and delivering services in creating value for society. For instance, Powell and Snellman (2004, p.1999 define the knowledge economy as “production and services based on knowledge-intensive activities that contribute to an accelerated pace of technical and scientific advance, as well as a rapid obsolescence. The key component of the knowledge economy is a greater reliance on intellectual capabilities than on physical inputs or natural resources”. In the knowledge economy, knowledge becomes a strategic resource (Davenport & Prusak, 2000; Nonaka & Takeuchi, 1995 and knowledge strategies contribute directly to the competitive advantage (Bratianu & Bolisani, 2015. In this new economy, data, information, and knowledge are the driving forces of development and the knowledge economy is the engine of the global economy growth...

  18. Management practices utilization in organizations – A comparison between catching-up and well-developed economies

    Directory of Open Access Journals (Sweden)

    Vojko Potočan

    2016-01-01

    Full Text Available The main purpose of this paper is to examine the utilization of management practices in catching-up and well-developed economies. Within that framework, the paper examines the utilization of management practices in Slovenian and Croatian organizations, as both are considered the representatives of catching-up economies from Central and East Europe (CEE, while also comparing the utilization of management practices in the two selected economies to the global use of management practices. Evidences about management practices utilization reveal that in well-developed economies in the forefront are management practices aiming to support customer relationship management, strength customer relations and customer satisfaction, while in Slovenia and Croatia prevail practices that are oriented toward optimization of the business and its processes. Based on the research results and the situation in organizations, a possible future pattern of management practice utilization in organizations operating in catching up economies is outlined, with the aim to reduce the developmental lag and increase competitiveness of those organizations. The paper also provides several practical implications for future utilization of management practices in catching-up economies. The sample of catching up-countries includes 155 responses from employees in Slovenian organizations and 185 from Croatian ones. Data for samples from well-developed economies are obtained from a global survey of management practices.

  19. Green economy. From theory to practice; 'Green Economy'. Von der Theorie zur Praxis

    Energy Technology Data Exchange (ETDEWEB)

    Wackerbauer, Johann [ifo Institut, Muenchen (Germany)

    2013-04-15

    The topic of ''green economy'' took centre stage at last year's UN conference on sustainable development in Rio de Janeiro. The term ''green economy'' has many interpretations to it, ranging from an emphasis on energy and resource efficiency in an otherwise ordinary economy to positions that are critical of growth as such. What can be considered as the essence of the concept of green economy, and what challenges need to be mastered on the way there? The present study shows that there is more to the term than most companies and consumers are aware of.

  20. New Doctoral Graduates in the Knowledge Economy: Trends and Key Issues

    Science.gov (United States)

    Pedersen, Heidi Skovgaard

    2014-01-01

    This paper examines the key issues at stake for national economies in increasing the number of PhDs to meet expected needs for human capital in science, technology and innovation using illustrations mainly from the European Commission's "Careers of Doctorate Holders" surveys on PhD labour market outcomes; it has been shown that PhD…

  1. The Placenta Economy

    DEFF Research Database (Denmark)

    Kroløkke, Charlotte; Dickinson, Elizabeth; Foss, Karen A.

    2018-01-01

    This article examines the human placenta not only as a scientific, medical and biological entity but as a consumer bio-product. In the emergent placenta economy, the human placenta is exchanged and gains potentiality as food, medicine and cosmetics. Drawing on empirical research from the United......, in the emergent bio-economy, the dichotomy between the inner and the outer body is deconstructed, while the placenta gains clinical and industrial as well as affective value....

  2. Potential of forestry biomass for energy in economies in transition

    International Nuclear Information System (INIS)

    Apalovic, R.

    1995-01-01

    A rapid increase in the world's population, the gradual exhaustion of fossil fuels and serious ecological problems are making developed countries more attentive to the utilization of renewable energy sources, mainly biomass, which should form part of the global energy mix during the twenty-first century. The economies in transition have been experiencing a transformation of their political, economic and social systems and a modernization of their industry, including the energy industry. Energy supply in the transition economies is based on coal, oil, gas and nuclear power. Of the renewable sources, only hydroelectric power is utilized to any significant extent. The forest biomass resources of these economies are quantified in this paper. The economies in transition have a big potential for biomass from forestry and timber industry wastes and agricultural wastes that are not being utilized and could become a source of energy. So far, biomass is used as a source of energy in only small amounts in the wood and pulp industries and as fuelwood in forestry. The governments of some countries (the Czech Republic, Hungary and Slovakia) have energy plans through the year 2010 that aim to develop renewable energy sources. Economic, institutional, technical and other barriers to the development of renewable sources and their utilization are analysed in this paper and some remedies are proposed. In cooperation with countries such as Austria, Denmark, Sweden, Finland, the United States of America and others, which have achieved remarkable results in the utilization of biomass for energy, it would be possible for the transition economies to quickly develop the technological know-how needed to satisfy the demand for energy of approximately 350 million inhabitants. (author)

  3. Internal migration, regional labor markets and the role of agglomeration economies

    DEFF Research Database (Denmark)

    Mitze, Timo Friedel; Schmidt, Torben Dall

    2015-01-01

    are indeed key drivers of internal migration flows in Denmark. That is, while we obtain mixed evidence with regard to the role of traditional labor and housing market variables, most of the included proxies for agglomeration economies such as the region’s population density, patent intensity, endowment......We analyze the determinants and regional implications of internal migration flows across Danish municipalities in 2006–2012. Besides assessing the role of labor market and housing market factors in driving a region’s net migration rate, we particularly focus on agglomeration factors identified...... for the role of space–time dynamic adjustment processes and simultaneity among migration and labor market variables and finally test for heterogeneity in the migration response to regional labor market disparities among low- and high-skilled migrants. Our results support the view that agglomeration economies...

  4. Measuring the Tax Gap in the European Economy

    Directory of Open Access Journals (Sweden)

    Konrad Raczkowski

    2015-07-01

    Full Text Available The objective of the paper is to reveal the methodology used to examine the tax gap and calculate the tax gap for all EU states over 2011-2014. The paper draws on the review of reference literature addressing the tax gap in the context of tax avoidance and tax evasion. The paper features the GDP size across countries so as to demonstrate the overall level of the shadow economy compared to the aggregate tax burden. Finally, for the first time, the calculations of the tax gap for all EU states over 2011-2014 were displayed.

  5. DEVELOPMENT OF THE ALGORITHM FOR CHOOSING THE OPTIMAL SCENARIO FOR THE DEVELOPMENT OF THE REGION'S ECONOMY

    Directory of Open Access Journals (Sweden)

    I. S. Borisova

    2018-01-01

    Full Text Available Purpose: the article deals with the development of an algorithm for choosing the optimal scenario for the development of the regional economy. Since the "Strategy for socio-economic development of the Lipetsk region for the period until 2020" does not contain scenarios for the development of the region, the algorithm for choosing the optimal scenario for the development of the regional economy is formalized. The scenarios for the development of the economy of the Lipetsk region according to the indicators of the Program of social and economic development are calculated: "Quality of life index", "Average monthly nominal wage", "Level of registered unemployment", "Growth rate of gross regional product", "The share of innovative products in the total volume of goods shipped, works performed and services rendered by industrial organizations", "Total volume of atmospheric pollution per unit GRP" and "Satisfaction of the population with the activity of executive bodies of state power of the region". Based on the calculation of development scenarios, the dynamics of the values of these indicators was developed in the implementation of scenarios for the development of the economy of the Lipetsk region in 2016–2020. Discounted financial costs of economic participants for realization of scenarios of development of economy of the Lipetsk region are estimated. It is shown that the current situation in the economy of the Russian Federation assumes the choice of a paradigm for the innovative development of territories and requires all participants in economic relations at the regional level to concentrate their resources on the creation of new science-intensive products. An assessment of the effects of the implementation of reasonable scenarios for the development of the economy of the Lipetsk region was carried out. It is shown that the most acceptable is the "base" scenario, which assumes a consistent change in the main indicators. The specific economic

  6. The Features of Rent Relationships in Conditions of Innovative Economy

    Directory of Open Access Journals (Sweden)

    Patlatoy Oleksandr Ye.

    2017-07-01

    Full Text Available The article is concerned with studying the economic content of the categories of «rent» and «quasi-rent», classification of their main forms arising in terms of relationships in the science and innovation sphere, and analyzing the specificity of formation of these incomes in conditions of contemporary innovation economy. The content of the category of «rent» as a form of income arising from the relationship of at least three entities has been revised; in the case of a scientific-innovation rent, it is the holder of a patent or a license holder, an industrial capitalist or an employee who creates a new or improved product; in some cases, the fourth entity of rent may be a hired researcher. In this relationship, the additional income earned by entrepreneurs in the event of commercial success has been defined as technological (innovation quasi-rent, which can change inversely proportional to the scientific-innovation rent. It has been proved that countries with innovation economies, acting as the main recipients of scientific-innovation rents, may concede to the technological quasi-rent of the less developed countries, in particular, to China.

  7. Corporate Communication in the Network Economy

    DEFF Research Database (Denmark)

    Foss, Nicolai Juul; Kristensen, Tore; Wilke, Ricky

    This paper draws on ideas in economics and game theory to develop a new theory of marketing and corporate communication in the emerging network economy. We argue that in a network economy, firms and consumers will confront `coordination problems.' With the emerging network economy all this become...

  8. Observing the economy

    Science.gov (United States)

    Rosenbaum, Stan

    2009-07-01

    In "The (unfortunate) complexity of the economy" (April pp28-32) Jean-Philippe Bouchaud presents clear evidence that traditional assumptions of rational markets have to be abandoned. The old investor slogan "buy on promise, sell on rumour" quickly magnifies a downturn into a crisis, which triggers two questions. If physics-based models are applied (beyond understanding and prediction) to actual market decisions, does this make the economy more or less stable? And, is this cause for stronger regulation?

  9. Unfolding Challenges of Business Model Innovation towards Circular Economy

    DEFF Research Database (Denmark)

    Hvass, Kerli Kant

    2017-01-01

    of customers where it is important to see them as suppliers and co-producers of post-consumer value of products and materials. Finally, integrating circular economy strategies into business models may bring along radical changes to how companies perceive its products and relationships with customers and other...... model. The paper is based on empirical findings from a 34 month long qualitative case study of a leading Scandinavian fashion brand and the study followed an engaged scholarship strategy (Van de Ven, 2007). The findings identify issues and challenges that impact the successful implementation...

  10. Blockchain - an Innovation Technology of the Post-Industrial Economy

    OpenAIRE

    Arkhireiska Natalia V.

    2017-01-01

    The article is aimed at studying the innovation technology of the post-industrial economy - blockchain. It has been found that blockchain is a multifunctional and multi-level information technology designed to reliably account for different assets. It has been proved that the most important today is blockchain for Bitcoin. The article explores the opportunities, prospects and risks associated with investment in cryptocurrency. It has been determined that the main advantages of investment in B...

  11. Handbook on the Experience Economy

    DEFF Research Database (Denmark)

    This illuminating Handbook presents the state-of-the-art in the scientific field of experience economy studies. It offers a rich and varied collection of contributions that discuss different issues of crucial importance for our understanding of the experience economy. Each chapter reflects diverse...... an insight into how receivers react to experiential elements of experience economy studies. An innovative presentation of experience economics, this is a remarkable collection of new theory and analyses. This book will prove an invaluable resource to researchers and students in management, marketing...... scientific viewpoints from disciplines including management, mainstream economics and sociology to provide a comprehensive overview. The Handbook is divided into three subsections to explore progression in the scientific field of experience economy studies. The first section focuses on fundamental debates...

  12. Measuring the informal economy in South Africa

    Directory of Open Access Journals (Sweden)

    S Saunders

    2015-01-01

    Full Text Available Measuring the size of the South African informal economy has received inadequate attention, making it difficult for policy-makers to assess the impact of policy measures to stimulate informal economic activity. This article aims to estimate the size of the informal economy by using the Currency Demand Approach.  The empirical results reveal that the informal economy as a percentage of GDP decreased from 1967 to 1993, before levelling off.  The growth in the informal econmy has also underperformed in comparison to formal economic growth. There appears to be a causal relationship running from the informal to the formal economy. Macro-economic policies aimed at the formal economy will not necessarily 'trickle down' to the informal, while these polcies aimed at the informal economy may have a profound effect on the formal economy.

  13. Rate-making in economies in transition

    International Nuclear Information System (INIS)

    Horvath, R.S.

    1996-01-01

    Eastern European economies in transition have unique needs which may be best served by considering how other economies around the world are making the transition to market-based economies. In particular, the recent Mexican experience may provide some lessons learned. Mexico has recently established for the first time a regulatory body with the power to regulate natural gas in certain ways. This paper outlines how the Mexican experience may be an appropriate jumping-off point for Eastern European economies in transition as they develop their own regulatory structure and rate-making. The paper concludes with an update on the recent experience in the U.S. to push the development of a market economy for natural gas further than it ever has before

  14. Analysis Of Japans Economy Based On 2014 From Macroeconomics Prospects

    Directory of Open Access Journals (Sweden)

    Dr Mohammad Rafiqul Islam

    2015-02-01

    Full Text Available Abstract Japan is the worlds third largest economy. But currently economic situations of Japan are not stable. It is not increasing as expected. Since 2013 it was world second largest economy but Japan loosed its placed to China in 2014 due to slow growth of important economic indicators. By using the basic Keynesian model we will provide a detailed analysis of the short and long run impacts of the changes for Japans real GDP rate of unemployment and inflation rate. We demonstrated a detailed use of the 45-degree diagram or the AD-IA model and other economic analysis of the macroeconomic principles that underlie the model and concepts. Finally we will recommend the government with a change in fiscal policy what based on the analysis by considering what might be achieved with a fiscal policy response and the extent to which any impact on the stock of public debt might be a consideration

  15. The solidarity economy: a possible revival of the European Union?

    Directory of Open Access Journals (Sweden)

    Daniel GOUJON

    2011-01-01

    Full Text Available The European Union is in crisis. Economic crisis, but also political crisis and symbolic crisis: the citizens distrust Europe which does not have clear project anymore Our hypothesis is that the solidarity economy can contribute to the emergence of a new European, clear and mobilizing project. A project offering new socioeconomic perspectives to the European citizens and an attractive utopia. This text will take place in four phases. In a first part, we shall describe the exhaustion of paradigm liberal and the limits of paradigm keynesian. Secondly, we shall try hard to demonstrate the theoretical possibility of establishing new one paradigm. In the third time, we shall illustrate this possibility by revisiting, in the light of the European solidarity initiatives, three economic notions keys. Finally, in a last time, we shall try hard to show in what the solidarity economy , which makes some deliberation between equals the best means assign all resources, can contribute to bringout the European construction of the current impasse.

  16. Engineering Design of KSTAR tokamak main structure

    International Nuclear Information System (INIS)

    Im, K.H.; Cho, S.; Her, N.I.

    2001-01-01

    The main components of the KSTAR (Korea Superconducting Tokamak Advanced Research) tokamak including vacuum vessel, plasma facing components, cryostat, thermal shield and magnet supporting structure are in the final stage of engineering design. Hundai Heavy Industries (HHI) has been involved in the engineering design of these components. The current configuration and the final engineering design results for the KSTAR main structure are presented. (author)

  17. The economy of the soviet Tuva: achievements, challenges and lessons

    Directory of Open Access Journals (Sweden)

    Alexander D. Begzi

    2017-12-01

    Full Text Available In the Soviet period (1944-1991, the economy of Tuva was rapidly developing. Massive state investment helped create enterprises and whole branches of industry, which in turn outlined the areas of economy Tuva could specialize in. Indicators of regional economic development were higher than the national average. The industrial infrastructure created over the period, including transport, power engineering and technologies, has been since used for several decades without major renovations. However, the smooth function of the regional economy could be guaranteed only under directive planning and stringent control over prices, flows of resources, goods and other assets of planned Socialist economy. Together with other specific features of its economy, this made the economy of the region highly volatile. A breakdown of both economic achievements of the Soviet Tuva and the problems it faced will help us learn the lessons to be accounted for while developing new long-term development programs. Although the programmatic documents adopted in early 2000s (such as the Strategy of social and economic development of the Republic of Tuva to the year 2020, passed in 2007 have not yet expired, the economic situation and the configuration of the main economic actors have seriously changed, which calls for a radical overhaul of the long-term strategy of social and economic development. Some problems which have been around since the Soviet times have grown more acute, while others were replaced by their opposites. The revenue section of the region’s consolidated budget, just as it was in the Soviet period, cannot fully provide the required social expenditures. At the same time, the majority of Soviet mechanisms of economic development are now totally dysfunctional, which calls for the use of new organizational and financial instruments. The article was based on the data from official statistical collections of the Republic of Tuva, and the information found in

  18. China’s Strategic Investments and Its Relations with Developing Economies

    Directory of Open Access Journals (Sweden)

    Radu-Marcel Joia

    2011-05-01

    Full Text Available 2010 brings news regarding China's economic strategy. It has strengthened its trade relations withemerging economies, making significant investments, plus significant imports and exports, proving again thatit is the first commercial power in the world. China, considered being "the manufacturer of the world", alongwith Brazil and Russia, major exporters of raw materials, and India, the country which offers the cheapesttechnology services, has made the world organization, named as BRIC. In 2009, China has consolidated itsposition as the main trading partner with Brazil, a position that enabled it in 2010 to become the largestinvestor in the Brazilian territory. One of the most important Chinese strategies is the monetary one, throughwhich China is trying to grow internationally Yuan’s importance, reducing the dependence on the dollar bydriving autonomous trade flows. It is expected that Yuan will become the main currency in Asia, main goalthat will be achieved by the constitution of large reserves of Yuan on the Asian territory. Knowledge ofChinese economic policy and relations with emerging economies is essential, since 2010 shows the economicpower of this nation, the largest trading power in the world, which has led the economists to study China'seconomic situation. We used for this study, data extracted from UNCTAD and ASEAN’s reports from 2010,plus various U.S. studies on China's geostrategic position. China’s geostrategic position is an important one,especially compared with the other BRIC countries, making energy investments in the Middle East, strategythat was adopted also by India and Russia; so Russia and China created ESPO project, Eastern Siberia -Pacific - Ocean, through which China is making huge investments in energy and Russia is trying to stand outfor European markets. Through this paper, we tried to evidence China’s financial and trade relations withUSA, European Union and emerging economies, in the context of a severe

  19. The solar-hydrogen economy: an analysis

    Science.gov (United States)

    Reynolds, Warren D.

    2007-09-01

    The 20th Century was the age of the Petroleum Economy while the 21st Century is certainly the age of the Solar-Hydrogen Economy. The global Solar-Hydrogen Economy that is now emerging follows a different logic. Under this new economic paradigm, new machines and methods are once again being developed while companies are restructuring. The Petroleum Economy will be briefly explored in relation to oil consumption, Hubbert's curve, and oil reserves with emphasis on the "oil crash". Concerns and criticisms about the Hydrogen Economy will be addressed by debunking some of the "hydrogen myths". There are three major driving factors for the establishment of the Solar-Hydrogen Economy, i.e. the environment, the economy with the coming "oil crash", and national security. The New Energy decentralization pathway has developed many progressive features, e.g., reducing the dependence on oil, reducing the air pollution and CO II. The technical and economic aspects of the various Solar-Hydrogen energy options and combinations will be analyzed. A proposed 24-hour/day 200 MWe solar-hydrogen power plant for the U.S. with selected energy options will be discussed. There are fast emerging Solar Hydrogen energy infrastructures in the U.S., Europe, Japan and China. Some of the major infrastructure projects in the transportation and energy sectors will be discussed. The current and projected growth in the Solar-Hydrogen Economy through 2045 will be given.

  20. The Impact Of Foreign Direct Investment On Turkish Economy 2010–2016

    Directory of Open Access Journals (Sweden)

    Isiks Aliya Zhkanova

    2017-12-01

    Full Text Available This study focuses on Foreign Direct Investment (FDI inflows and how they are linked with the economic indicators in Turkey including the Real Effective Exchange Rate (REER, and Gross Domestic Product per capita of Purchasing Power Parity - GDP (PPP in Turkey. The GDP (PPP variable is used because it shows significant causality on REER, along with the exchange rate volatility of the U.S Dollar in the Turkish stock market. Also, as an important sector of the Turkish economy, tourism revenue is elucidated according to the Organization for Economic Co-operation and Development (OECD data from 2016. The main objective of this study is to evaluate the impact of the FDI investment on economic condition in Turkey for the period between January 2010 and July 2016. The selected period is important because it represents the crucial time for Turkish economy following the 2008 global financial crisis along with the ongoing Civil War in neighboring Syria that had initiated in 2012, Turkish-Russian crises of 2015, and the military coup attempt in Turkey in 2016. It is argued that despite all the negative international and regional developments, FDI and Tourism play key roles in attracting income to the country. This is presented in the level of REER and GDP for PPP. The results also support the findings of many economists, who have previously asserted that the Turkish economic interaction is growing at a globalized level, and is able to compete with the other large attractive areas for foreign investors around the world. Finally, the results demonstrate that the tourism industry was the least affected sector in Turkey.

  1. Energy intensity developments in 40 major economies: Structural change or technology improvement?

    International Nuclear Information System (INIS)

    Voigt, Sebastian; De Cian, Enrica; Schymura, Michael; Verdolini, Elena

    2014-01-01

    This study analyzes energy intensity trends and drivers in 40 major economies using the WIOD database, a novel harmonized and consistent dataset of input–output table time series accompanied by environmental satellite data. We use logarithmic mean Divisia index decomposition to (1) attribute efficiency changes to either changes in technology or changes in the structure of the economy, (2) study trends in global energy intensity between 1995 and 2007, and (3) highlight sectoral and regional differences. For the country analysis we apply the traditional two factor index decomposition approach, while for the global analysis we use a three factor decomposition which includes the consideration of regional structural changes in the global economy. We first show that heterogeneity within each sector across countries is high. These general trends within sectors are dominated by large economies, first and foremost the United States. In most cases, heterogeneity is lower within each country across the different sectors. Regarding changes of energy intensity at the country level, improvements between 1995 and 2007 are largely attributable to technological change while structural change is less important in most countries. Notable exceptions are Japan, the United States, Australia, Taiwan, Mexico and Brazil where a change in the industry mix was the main driver behind the observed energy intensity reduction. At the global level we find that despite a shift of the global economy to more energy-intensive countries, aggregate energy efficiency improved mostly due to technological change

  2. R&D in Poland: Is the Country Close to a Knowledge-Driven Economy?

    Science.gov (United States)

    Chybowska, Dorota; Chybowski, Leszek; Souchkov, Valeri

    2018-06-01

    Poland has a strong ambition to evolve rapidly into a knowledge-driven economy. Since 2004, it has been the largest beneficiary of European Union cohesion policy funds among all member states. Between 2007 and 2013, Poland was allocated approximately EUR 67 billion, whereas for 2014-2020 the EU budget earmarked EUR 82.5 billion for Polish cohesion policy. This means that in the coming years, Poland's R&D intensity will grow. But the question remains: is 27 years of free market economy enough to enable a country's economy to become knowledge-based ? This paper offers an analysis of Polish R&D expenditures and investments in terms of their sources (business, government or higher education sectors), types (European Union or state aid) and areas of support (infrastructure, education or innovation). It also characterises the Polish R&D market with its strengths and weaknesses. Then, it examines the process of technology transfer in Poland, comparing it to best practice. Finally, the paper lays out the barriers to effective commercialisation that need to be overcome, and attempts to answer the question raised in its title.

  3. Informal economy as an expression of the state failure

    OpenAIRE

    Agata Kubiczek

    2010-01-01

    The article deals with the phenomenon of second economy, underground or subterranean economy, unofficial economy, unrecorded economy, informal economy, cash economy etc., which has been assessed here as a function of a given mix of economic policies.

  4. Fuel Economy Label and CAFE Data

    Science.gov (United States)

    The Engine and Vehicle Compliance Certification and Fuel Economy Inventory contains measured emissions and fuel economy compliance information for light duty vehicles. Data is collected by EPA to certify compliance with the applicable fuel economy provisions of the Energy Policy and Conservation Act (EPCA) and The Energy Independent Security Act of 2007

  5. MAIN TENDENCIES IN DEVELOPMENT OF COMMERCIAL INSURANCE MARKET

    Directory of Open Access Journals (Sweden)

    V. I. Poplyko

    2009-01-01

    Full Text Available Insurance market plays an important role in the economic development and has a special significance in the countries with economy of the transition period. In spite of its positive influence exerted on the development of national economy the level of  insurance service spreading is still rather low.  The paper considers main results of the activity of the Belarusian insurance organizations. Usage of statistic evaluation methods makes it possible to break them in separate groups. The conducted analysis of organizations’ financial flows (receipts, payments and profits for the period of 2005–2007 testifies to their dynamic development. Economic management subjects of non-state ownership take leading positions in this matter.Further growth of commercial insurance market greatly depends on the government efficiency to regulate the given sphere of activity. Removal of existing negative factors including creation of equal competitive conditions for all participants of the market, its demonopolization, will favor its development. 

  6. The Future of the World Economy is an Integrated World Economic Structure

    Directory of Open Access Journals (Sweden)

    Sergey Yurievich Glazyev

    2018-03-01

    the Integrated world economic structure. The authors formulated the main contradiction of our present day — the confrontation of the dying Industrial Civilization in the face of the cumulative West and the emerging Information Society. The authors analyzed the main tendencies, problems and possible alternatives to the development of the world economy. It can ensure the development and adoption of political decisions for the most painless transition of Russia to the emerging forms and institutions of the global economy.

  7. Air pollution-induced health impacts on the national economy of China: demonstration of a computable general equilibrium approach.

    Science.gov (United States)

    Wan, Yue; Yang, Hongwei; Masui, Toshihiko

    2005-01-01

    At the present time, ambient air pollution is a serious public health problem in China. Based on the concentration-response relationship provided by international and domestic epidemiologic studies, the authors estimated the mortality and morbidity induced by the ambient air pollution of 2000. To address the mechanism of the health impact on the national economy, the authors applied a computable general equilibrium (CGE) model, named AIM/Material China, containing 39 production sectors and 32 commodities. AIM/Material analyzes changes of the gross domestic product (GDP), final demand, and production activity originating from health damages. If ambient air quality met Grade II of China's air quality standard in 2000, then the avoidable GDP loss would be 0.38%o of the national total, of which 95% was led by labor loss. Comparatively, medical expenditure had less impact on national economy, which is explained from the aspect of the final demand by commodities and the production activities by sectors. The authors conclude that the CGE model is a suitable tool for assessing health impacts from a point of view of national economy through the discussion about its applicability.

  8. FDI from Emerging Economies in EU27

    DEFF Research Database (Denmark)

    Jindra, Björn

    This paper scrutinizes FDI from a wide range of emerging economies (including newly industrializing Asian countries, Latin American countries and East European transition economies) that adopted different growth models in the past. The overarching research question of this paper is to which...... the integration of firms from different emerging economies via FDI into the global economy is linked to technological upgrading. We assume that technology seeking in advanced economies should be reflected in the relevance of particular location factors such as knowledge spillover. We analyses a large firm level...

  9. Economy Profile of Bolivia

    OpenAIRE

    World Bank Group

    2017-01-01

    Doing Business 2018 is the 15th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. This economy profile presents the Doing Business indicators for Bolivia. Doing Business presents quantitative indicators on business regulation and the protection of property rights that can be compared across 190 economies; for 2018 Bolivia ...

  10. Economy Profile of Australia

    OpenAIRE

    World Bank Group

    2017-01-01

    Doing Business 2018 is the 15th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. This economy profile presents the Doing Business indicators for Australia. Doing Business presents quantitative indicators on business regulation and the protection of property rights that can be compared across 190 economies; for 2018 Aust...

  11. Economy Profile of Argentina

    OpenAIRE

    World Bank Group

    2017-01-01

    Doing Business 2018 is the 15th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. This economy profile presents the Doing Business indicators for Argentina. Doing Business presents quantitative indicators on business regulation and the protection of property rights that can be compared across 190 economies; for 2018 Arge...

  12. Economy Profile of Estonia

    OpenAIRE

    World Bank Group

    2017-01-01

    Doing Business 2018 is the 15th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. This economy profile presents the Doing Business indicators for Estonia. Doing Business presents quantitative indicators on business regulation and the protection of property rights that can be compared across 190 economies; for 2018 Estonia ...

  13. 78 FR 33341 - Certain New Pneumatic Off-the-Road Tires From the People's Republic of China: Final Results of...

    Science.gov (United States)

    2013-06-04

    ... expense for Trelleborg Wheel Systems China's raw materials purchased in market economies, and replaced... economy purchases, per information Trelleborg Wheel Systems China submitted after the Preliminary Results...-the-Road Tires From the People's Republic of China: Final Results of Antidumping Duty New Shipper...

  14. Energy consumption and economic growth revisited: Does the size of unrecorded economy matter?

    International Nuclear Information System (INIS)

    Karanfil, Fatih

    2008-01-01

    We analyze the long-run relationship between energy consumption and real gross domestic product (GDP) in Turkey taking into account the size of unrecorded economy. Since in developing countries, mainly due to the unrecorded economic activities, the official GDP is not measured correctly, the investigation of the linkage between energy consumption and official GDP may not give reliable results. In this study, empirical results for the case of Turkey over the period 1970-2005 suggest that there is a long-run equilibrium relationship between the officially calculated GDP and energy consumption. Besides, using the error-correction modeling technique, we find out that unidirectional causality runs from official GDP to energy in both short and long runs. However, when we take into account unrecorded economy, we detect neither cointegration nor causality between energy consumption and true GDP. These empirical findings imply that: first, energy conservation policies can be implemented in order to reduce greenhouse gas emissions without any adverse effect on the recorded economic activities; second the production function in the unrecorded economy is not stable. Furthermore, economic policies to combat unrecorded economy may not serve as a complement to energy conservation policies

  15. ENTREPRENEURSHIP EDUCATION AND THE ECONOMY VICIOUS CIRCLES

    Directory of Open Access Journals (Sweden)

    MEDAR LUCIAN ION

    2015-06-01

    Full Text Available Education for sustainable development, involves training honest, active, social and creative persons for ensuring the link between environment, society, economy and politics. Trained entrepreneurs in sustainable development, are the engine system which can bring an economic prosperity. Lack of entrepreneurial education in the last 25 years has led accentuated conditions to avoiding economic development in all reference fields where added value can be achieved. Running away from excessive taxation led to the establishment of vicious circles in the economy. Vicious circles of the economy can be found in saving, tax policy, productive investment and the informal economy. Through this study will present the importance of entrepreneurship education in the real economy and some specifications to exit entrepreneurs from vicious circles of the economy.

  16. Potential of forestry biomass for energy in economies in transition

    Energy Technology Data Exchange (ETDEWEB)

    Apalovic, R [State Forest Products Research Institute and Slovak Biomass Association, Bratislava (Slovakia)

    1995-12-01

    A rapid increase in the world`s population, the gradual exhaustion of fossil fuels and serious ecological problems are making developed countries more attentive to the utilization of renewable energy sources, mainly biomass, which should form part of the global energy mix during the twenty-first century. The economies in transition have been experiencing a transformation of their political, economic and social systems and a modernization of their industry, including the energy industry. Energy supply in the transition economies is based on coal, oil, gas and nuclear power. Of the renewable sources, only hydroelectric power is utilized to any significant extent. The forest biomass resources of these economies are quantified in this paper. The economies in transition have a big potential for biomass from forestry and timber industry wastes and agricultural wastes that are not being utilized and could become a source of energy. So far, biomass is used as a source of energy in only small amounts in the wood and pulp industries and as fuelwood in forestry. The governments of some countries (the Czech Republic, Hungary and Slovakia) have energy plans through the year 2010 that aim to develop renewable energy sources. Economic, institutional, technical and other barriers to the development of renewable sources and their utilization are analysed in this paper and some remedies are proposed. In cooperation with countries such as Austria, Denmark, Sweden, Finland, the United States of America and others, which have achieved remarkable results in the utilization of biomass for energy, it would be possible for the transition economies to quickly develop the technological know-how needed to satisfy the demand for energy of approximately 350 million inhabitants. (author) 6 refs, 4 figs, 4 tabs

  17. Irregular migration and informal economy in Southern and Central-Eastern Europe: breaking the vicious cycle?

    Science.gov (United States)

    Maroukis, Thanos; Iglicka, Krystyna; Gmaj, Katarzyna

    2011-01-01

    The flexible and cheap labour that European “post-industrial” economies are in need of is often facilitated by undeclared labour. The undocumented migrant, from his/her part, relatively easily finds work that suits his -- at least initial -- plans. What lies behind this nexus between irregular migration and informal economy? To what extent can this nexus be attributed to the structural features of the so-called “secondary”, as opposed to “primary”, labour market? And how does migration policy correlate with this economic context and lead to the entrapment of migrants in irregularity? Finally, can this vicious cycle of interests and life-strategies be broken and what does the experience of the migrants indicate in this respect? This paper addresses these questions via an exploration of the grounds upon which irregular migration and the shadow economy complement each other in southern Europe (SE) and central and Eastern Europe (CEE) (two regions at different points in the migration cycle). In doing so, the dynamic character of the nexus between informal economy and irregular migration will come to the fore, and the abstract identity of the “average” undocumented migrant will be deconstructed.

  18. The MIRAB Model of Small Island Economies in the Pacific and their Security Issues: Revised Version

    OpenAIRE

    Tisdell, Clem

    2014-01-01

    The MIRAB model of Pacific island micro-economies was developed in the mid-1980s by the New Zealand economists, Bertram and Watters, and dominated the literature on the economics of small island nations and economies until alternative models were proposed two decades later. Nevertheless, it is still an influential theory. MIRAB is an acronym for migration (MI), remittance (R) and foreign aid (A) and the public bureaucracy (B); the main components of the MIRAB model. The nature of this model i...

  19. Doing Business 2014 Economy Profile : Croatia

    OpenAIRE

    World Bank; International Finance Corporation

    2013-01-01

    This economy profile presents the Doing Business indicators for Croatia. In a series of annual reports, Doing Business assesses regulations affecting domestic firms in 189 economies and ranks the economies in 10 areas of business regulation, such as starting a business, resolving insolvency and trading across borders. This year's report data cover regulations measured from June 2012 throug...

  20. Doing Business 2014 Economy Profile : Chile

    OpenAIRE

    World Bank; International Finance Corporation

    2013-01-01

    This economy profile presents the Doing Business indicators for Chile In a series of annual reports, Doing Business assesses regulations affecting domestic firms in 189 economies and ranks the economies in 10 areas of business regulation, such as starting a business, resolving insolvency and trading across borders. This year's report data cover regulations measured from June 2012 through M...

  1. Doing Business 2014 Economy Profile : Australia

    OpenAIRE

    World Bank; International Finance Corporation

    2013-01-01

    This economy profile presents the Doing Business indicators for Australia. In a series of annual reports, Doing Business assesses regulations affecting domestic firms in 189 economies and ranks the economies in 10 areas of business regulation, such as starting a business, resolving insolvency and trading across borders. This year's report data cover regulations measured from June 2012 thro...

  2. Influence factors analysis of water environmental quality of main rivers in Tianjin

    Science.gov (United States)

    Li, Ran; Bao, Jingling; Zou, Di; Shi, Fang

    2018-01-01

    According to the evaluation results of the water environment quality of main rivers in Tianjin in 1986-2015, this paper analyzed the current situation of water environmental quality of main rivers in Tianjin retrospectively, established the index system and multiple factors analysis through selecting factors influencing the water environmental quality of main rivers from the economy, industry and nature aspects with the combination method of principal component analysis and linear regression. The results showed that water consumption, sewage discharge and water resources were the main factors influencing the pollution of main rivers. Therefore, optimizing the utilization of water resources, improving utilization efficiency and reducing effluent discharge are important measures to reduce the pollution of surface water environment.

  3. Re-enactment of power economy legislation failed

    International Nuclear Information System (INIS)

    Heller, W.

    2002-01-01

    Comment on the failed vote in the German Federal Parliament about the re-enactment of power economy legislation. The amendments were mainly intended to translate into national law the EU Single Market Directive of June 22, 1998 about common regulations of the gas market. The legislative process had included a mediation procedure between the two chambers of parliament, i.e. the Bundestag and the Bundesrat, had been rejected once more by the Bundesrat, and was to have been adopted by an absolute majority vote of the Bundestag, the so-called Chancellor's majority, still in this parliamentary term. (orig.)

  4. Model Year 2017 Fuel Economy Guide: EPA Fuel Economy Estimates

    Energy Technology Data Exchange (ETDEWEB)

    None

    2016-11-01

    The Fuel Economy Guide is published by the U.S. Department of Energy as an aid to consumers considering the purchase of a new vehicle. The Guide lists estimates of miles per gallon (mpg) for each vehicle available for the new model year. These estimates are provided by the U.S. Environmental Protection Agency in compliance with Federal Law. By using this Guide, consumers can estimate the average yearly fuel cost for any vehicle. The Guide is intended to help consumers compare the fuel economy of similarly sized cars, light duty trucks and special purpose vehicles.

  5. Model Year 2012 Fuel Economy Guide: EPA Fuel Economy Estimates

    Energy Technology Data Exchange (ETDEWEB)

    None

    2011-11-01

    The Fuel Economy Guide is published by the U.S. Department of Energy as an aid to consumers considering the purchase of a new vehicle. The Guide lists estimates of miles per gallon (mpg) for each vehicle available for the new model year. These estimates are provided by the U.S. Environmental Protection Agency in compliance with Federal Law. By using this Guide, consumers can estimate the average yearly fuel cost for any vehicle. The Guide is intended to help consumers compare the fuel economy of similarly sized cars, light duty trucks and special purpose vehicles.

  6. Model Year 2013 Fuel Economy Guide: EPA Fuel Economy Estimates

    Energy Technology Data Exchange (ETDEWEB)

    None

    2012-12-01

    The Fuel Economy Guide is published by the U.S. Department of Energy as an aid to consumers considering the purchase of a new vehicle. The Guide lists estimates of miles per gallon (mpg) for each vehicle available for the new model year. These estimates are provided by the U.S. Environmental Protection Agency in compliance with Federal Law. By using this Guide, consumers can estimate the average yearly fuel cost for any vehicle. The Guide is intended to help consumers compare the fuel economy of similarly sized cars, light duty trucks and special purpose vehicles.

  7. Model Year 2011 Fuel Economy Guide: EPA Fuel Economy Estimates

    Energy Technology Data Exchange (ETDEWEB)

    None

    2010-11-01

    The Fuel Economy Guide is published by the U.S. Department of Energy as an aid to consumers considering the purchase of a new vehicle. The Guide lists estimates of miles per gallon (mpg) for each vehicle available for the new model year. These estimates are provided by the U.S. Environmental Protection Agency in compliance with Federal Law. By using this Guide, consumers can estimate the average yearly fuel cost for any vehicle. The Guide is intended to help consumers compare the fuel economy of similarly sized cars, light duty trucks and special purpose vehicles.

  8. Model Year 2018 Fuel Economy Guide: EPA Fuel Economy Estimates

    Energy Technology Data Exchange (ETDEWEB)

    None

    2017-12-07

    The Fuel Economy Guide is published by the U.S. Department of Energy as an aid to consumers considering the purchase of a new vehicle. The Guide lists estimates of miles per gallon (mpg) for each vehicle available for the new model year. These estimates are provided by the U.S. Environmental Protection Agency in compliance with Federal Law. By using this Guide, consumers can estimate the average yearly fuel cost for any vehicle. The Guide is intended to help consumers compare the fuel economy of similarly sized cars, light duty trucks and special purpose vehicles.

  9. The Political Economy of Productivity: The Case of Chile

    OpenAIRE

    Patricio Navia; Nicolás Eyzaguirre; Jocelyn Olivari; Ignacio Briones; José Miguel Benavente; Cristóbal Aninat

    2010-01-01

    This paper analyzes the political economy of productivity-related policymaking in Chile following a political transaction cost model (Spiller and Tommasi, 2003; Murillo et al., 2008). The main findings indicate that i) the Chilean policymaking process (PMP) was successful in the 1990s in implementing productivityenhancing policies, but as the country moved to a higher stage of development, the PMP grew less adept at generating the more complex set of policies needed to increase productivity a...

  10. Testing quantity theory of money for the Turkish economy

    OpenAIRE

    Levent, Korap

    2007-01-01

    In this paper, it is tried to test the main assumptions of the Quantity Theory of Money for the Turkish economy. Using some contemporaneous estimation techniques to examine the long-run stationary economic relationships on which the quantity theory is constructed, it is found that stationary characteristics of the velocitities of narrowly and broadly defined monetary aggregates cannot be rejected. However, monetary aggregates seem to be endogenous for the long-run evoluation of prices and rea...

  11. UNDERGROUND ECONOMY, GDP AND STOCK MARKET

    Directory of Open Access Journals (Sweden)

    Caus Vasile Aurel

    2012-07-01

    Full Text Available Economic growth is affected by the size and dynamics of underground economy. Determining this size is a subject of research for many authors. In this paper we present the relationship between underground economy dynamics and the dynamics of stock markets. The observations are based on regression used by Tanzi (1983 and the relationship between GDP and stock market presented in Tudor (2008. The conclusion of this paper is that the dynamics of underground economy is influenced by dynamic of financial markets. Thus, using specific stock market mathematical tools analysis, one can analyze the dynamic of underground economy

  12. Millennials and the Sharing Economy

    DEFF Research Database (Denmark)

    Ranzini, Giulia; Newlands, Gemma; Anselmi, Guido

    Report from the EU H2020 Research Project Ps2Share: Participation, Privacy, and Power in the Sharing Economy......Report from the EU H2020 Research Project Ps2Share: Participation, Privacy, and Power in the Sharing Economy...

  13. Petroleum and the economy

    International Nuclear Information System (INIS)

    Bohi, D.R.

    1992-01-01

    In re-examining the effect of energy price shocks on the economy, this article applies several tests to show that the apparent coincidence between price shocks and poor economic performance may be misleading. For example, whereas macroeconomic analysis graphs of employment and GNP clearly indicate an apparent correlation between the 1979 petroleum price hike and economic downturn in the USA, Great Britain and Germany, Japan's performance stayed fairly constant during that period. Additional sectoral analyses of the performances of the western economies show that the impacts of the '74 and '79 oil price shocks were not equally distributed across the different industrial sectors of the various nations. The paper argues that a deeper understanding of the energy-economy relationship is required to reduce these ambiguities

  14. MARKETING IMPLICATION IN WINE ECONOMY

    Directory of Open Access Journals (Sweden)

    Ştefan MATEI

    2014-11-01

    Full Text Available The wine, a very complex product in viticulture, has proved its tremendous importance not only to the individual but rational nutrition and increasing national income of a country cultivators (evidenced by the upward trend of the share of crop production horticulture and viticulture in the global economy agricultural. More interesting is, given the continued growth in the number of scientific publications and their quality (at least since the 1980s - where "wine" is the centerpiece of these studies - we can not but be witnessing a growing interest more to this "potion" and found that the growing popularity of wine in the science reveals the emergence of a new academic field, ie "wine economy" (or wine-economy. This study aims to make a foray into "wine economy" and to outline some of the implications of marketing in this area.

  15. Experiences of Emerging Economy Firms

    DEFF Research Database (Denmark)

    Experiences of Emerging Economy Firms investigates the different elements of the experiences of emerging economy firms and sheds essential light on a large variety of aspects associated with their functioning in both home and host contexts. For example, firms must be able to overcome the liability...... of foreign and emerging issues when they expand their activities in various contexts, enter, exit, and re-enter overseas markets; they have to overcome institutional barriers, adapt the cultural challenges in foreign markets, undergo the impact of large multinational firms from developed economies...

  16. GLOBALIZATION PRECONDITIONS FOR TRANSNATIONALIZATION OF THE WORLD ECONOMY

    Directory of Open Access Journals (Sweden)

    Vyshnevska O.

    2018-03-01

    Full Text Available Globalization is a process that embodies the transformation of the spatial organization of the world and its regions, social relations and interactions measured by such indicators as: duration, intensity, speed and influence that give rise to intercontinental or interregional flows and structures of activity, interactions and manifestations at the socio-economic and ecological levels. The purpose of the study is to substantiate the priorities in ensuring the national security of the state in view of the impact of globalization factors, the introduction of approaches to the adaptation of the country’s economy to the processes of transnationalization of the world economy. Modern globalization of the world economy is reflected in the deepening of internationalization of production. Globalization is characterized by a positive and negative impact on different systems, an increase in the influence of the process of transnationalization. It is revealed that transnationalization is often understood by new phenomena, qualitative changes taking place in the world economy. Transnationalization is seen as a process of expanding the international activities of industrial firms, banks, service companies, and their exit from the national boundaries of individual countries, which leads to the growth of national companies in transnational. The main factors of the negative impact of TNCs on the economy of the recipient country are: the danger of introducing environmentally hazardous technologies; development of innovations in strategic enterprises of the defense industry; outflow of foreign investment due to negative macroeconomic trends; insufficient rates of development of branches of TNCs, due to the tendency to exaggerate the reaction to a possible change in market conditions. For the transnationalization of the economic sphere, the emergence and strengthening of the positions of international monopolies, transnational corporations, international financial

  17. Malawi : Country Procurement Assessment Report, Volume 1. Main Findings and Recommendations

    OpenAIRE

    World Bank

    2004-01-01

    The Malawi Country Procurement Assessment Report is a joint undertaking between the Malawi Government and the World Bank to analyze the country procurement system and recommend appropriate actions to improve the efficiency, economy and transparency of the system. This report is divided into (a) an Executive Summary, (b) Main Report on Findings and Recommendations, and (c) Annexes. Since th...

  18. Doing Business Economy Profile 2016 : Australia

    OpenAIRE

    World Bank Group

    2015-01-01

    This economy profile for Doing Business 2016 presents the 11 Doing Business indicators for Australia. To allow for useful comparison, the profile also provides data for other selected economies (comparator economies) for each indicator. Doing Business 2016 is the 13th edition in a series of annual reports measuring the regulations that enhance business activity and those that constrain it....

  19. Doing Business Economy Profile 2015 : Honduras

    OpenAIRE

    World Bank Group

    2014-01-01

    This economy profile for Doing Business 2015 presents the 11 Doing Business indicators for Honduras. To allow for useful comparison, the profile also provides data for other selected economies (comparator economies) for each indicator. Doing Business 2015 is the 12th edition in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. ...

  20. Doing Business Economy Profile 2015 : Singapore

    OpenAIRE

    World Bank Group

    2014-01-01

    This economy profile for Doing Business 2015 presents the 11 Doing Business indicators for Singapore. To allow for useful comparison, the profile also provides data for other selected economies (comparator economies) for each indicator. Doing Business 2015 is the 12th edition in a series of annual reports measuring the regulations that enhance business activity and those that constrain it....

  1. Doing Business Economy Profile 2015 : Iceland

    OpenAIRE

    World Bank Group

    2014-01-01

    This economy profile for Doing Business 2015 presents the 11 Doing Business indicators for Iceland. To allow for useful comparison, the profile also provides data for other selected economies (comparator economies) for each indicator. Doing Business 2015 is the 12th edition in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. E...

  2. Doing Business Economy Profile 2015 : Grenada

    OpenAIRE

    World Bank Group

    2014-01-01

    This economy profile for Doing Business 2015 presents the 11 Doing Business indicators for Grenada. To allow for useful comparison, the profile also provides data for other selected economies (comparator economies) for each indicator. Doing Business 2015 is the 12th edition in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. E...

  3. Doing Business Economy Profile 2015 : Ethiopia

    OpenAIRE

    World Bank Group

    2014-01-01

    This economy profile for Doing Business 2015 presents the 11 Doing Business indicators for Ethiopia. To allow for useful comparison, the profile also provides data for other selected economies (comparator economies) for each indicator. Doing Business 2015 is the 12th edition in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. ...

  4. Doing Business Economy Profile 2016 : Uruguay

    OpenAIRE

    World Bank Group

    2015-01-01

    This economy profile for Doing Business 2016 presents the 11 Doing Business indicators for Afghanistan. To allow for useful comparison, the profile also provides data for other selected economies (comparator economies) for each indicator. Doing Business 2016 is the 13th edition in a series of annual reports measuring the regulations that enhance business activity and those that constrain i...

  5. SOCIAL ECONOMY EFFICIENCY

    Directory of Open Access Journals (Sweden)

    Florina Oana Virlanuta

    2015-05-01

    Full Text Available The social economy combines profitability with social inclusion. Social innovation is the first step in the creation of a social enterprise. Social economy development is a process underway, innovative in terms of relating the individual to the production processes, the concept of citizenship, production areas and modalities. The concern for sustainable development, analysis of economic and financial crisis, the issue of the relationship between the individual and the production process open up many opportunities for development that can influence public policies on employment and social cohesion.

  6. Impact of energy conservation policy measures on innovation, investment and long-term development of the Swiss economy. Results from the computable induced technical change and energy (CITE) model - Final report

    Energy Technology Data Exchange (ETDEWEB)

    Bretschger, L.; Ramer, R.; Schwark, F.

    2010-09-15

    This comprehensive final report for the Swiss Federal Office of Energy (SFOE) presents the results of a study made on the Computable Induced Technical Change and Energy (CITE) model. The authors note that, in the past two centuries, the Swiss economy experienced an unprecedented increase in living standards. At the same time, the stock of various natural resources declined and the environmental conditions changed substantially. The evaluation of the sustainability of a low energy and low carbon society as well as an optimum transition to this state is discussed. An economic analysis is made and the CITE and GCE (Computable General Equilibrium) numerical simulation models are discussed. The results obtained are presented and discussed.

  7. Bio economy and entrepreneurial ecosystem patterns Case study for Romania - USH ProBusiness

    Directory of Open Access Journals (Sweden)

    Costin Lianu

    2017-03-01

    Full Text Available This paper is investigating various patterns of entrepreneurial relations and engagements  that may help the shift to bio economy  and the ways they can facilitate entrepreneurial understanding and access to markets and business opportunities in this field. It also investigate the role of universities and cluster in transfer of knowledge towards bio economy and possibilities of interaction making a case study on USH ProBusiness in Romania. Main conclusion of the paper is that participation of  entrepreneurs, especially SME but also large companies in active  Entrepreneurial Ecosystems (EE   plays an essential role in transposing bio economy  from strategy to action but some regions may be well advanced  and other lagging behind. High trust and large EE in terms of networking are better fit to accelerate the knowledge and innovation process and universities may play a major role in this direction, as important catalyst.

  8. Fuel Economy Testing and Data

    Science.gov (United States)

    EPA’s Fuel Economy pages provide information on current standards and how federal agencies work to enforce those laws, testing for national Corporate Average Fuel Economy or CAFE standards, and what you can do to reduce your own vehicle emissions.

  9. Entrepreneurship in the network economy

    NARCIS (Netherlands)

    Velthuijsen, Hugo; de Graaf, Frank Jan; Zhang, Henry; Zhao, Ruimei

    2009-01-01

    The network economy typically signifies a notion from the information society where new products and services are developed by collaborating individuals and/or businesses organised in virtual networks. The network economy has important characteristics in common with Northern European governance

  10. Understanding the peri-urban economy

    DEFF Research Database (Denmark)

    Monsson, Christian Kjær

    2013-01-01

    Christian Kjær Monsson suggests that the peri-urban economy should be understood as a metaphor of a mosaic.......Christian Kjær Monsson suggests that the peri-urban economy should be understood as a metaphor of a mosaic....

  11. Green Skills for Green Economy: Case of the Environmental Education Role in Kazakhstan's Economy

    Science.gov (United States)

    Dlimbetova, Gaini; Zhylbaev, Zhanbol; Syrymbetova, Lyailya; ?liyeva, Aiman

    2016-01-01

    The research on situation with developing "green skills" in conditions of transition to "green economy" is analysed in this article. Kazakhstan like many other states has been going through transition to "green economy" since 2013. Economic reforms have made an impact on the system of environmental education. The…

  12. The Political Economy of Capital Income and Profit Taxation in a Small Open Economy

    NARCIS (Netherlands)

    Huizinga, H.P.; Nielsen, S.B.

    1996-01-01

    This paper considers the political economy of the mix of profit, investment and saving taxation in a small open economy where agents generally differ in their shares of profit and other income.In this setting, capital income taxation can have the dual role of financing government spending and of

  13. FROM WAR ECONOMIES TO PEACE ECONOMIES IN AFRICA

    African Journals Online (AJOL)

    Abel

    temporary 'interruption' to an ongoing process of development”.4 The second ... indication of the changing nature of world political and economic trends .... (FDI), where war economies cannot, at least not in a positive or legal fashion.24 The.

  14. An overview of the circular economy among SMEs in the Basque country: A multiple case study

    Energy Technology Data Exchange (ETDEWEB)

    Ormazabal, M.; Prieto-Sandoval, V.; Jaca, C.; Santos, J.

    2016-07-01

    Purpose: This research analyzes the maturity of environmental management as well as the degree of to which the Circular Economy has been implemented in Basque SMEs. Design/methodology/approach: A total of 17 case studies were carried out in industrial SMEs companies in the Basque Country. Findings: The main results show that companies are limited to complying with the law and in many cases are worried about the image of the company, although they are not committed to environmental issues. There is still a lot to do in SMEs, as they are the companies that face the biggest challenges due to a lack of resources. Originality/value: Circular Economy aims to change a linear economy into promoting sustainability of the economy while also engaging in sustainable environmental protection. This research has focused on small and medium enterprises as they represent a 99% of companies in Europe and they are the ones that have the most difficulty reaching a stage of environmental excellence due to their limited resources.

  15. An overview of the circular economy among SMEs in the Basque country: A multiple case study

    International Nuclear Information System (INIS)

    Ormazabal, M.; Prieto-Sandoval, V.; Jaca, C.; Santos, J.

    2016-01-01

    Purpose: This research analyzes the maturity of environmental management as well as the degree of to which the Circular Economy has been implemented in Basque SMEs. Design/methodology/approach: A total of 17 case studies were carried out in industrial SMEs companies in the Basque Country. Findings: The main results show that companies are limited to complying with the law and in many cases are worried about the image of the company, although they are not committed to environmental issues. There is still a lot to do in SMEs, as they are the companies that face the biggest challenges due to a lack of resources. Originality/value: Circular Economy aims to change a linear economy into promoting sustainability of the economy while also engaging in sustainable environmental protection. This research has focused on small and medium enterprises as they represent a 99% of companies in Europe and they are the ones that have the most difficulty reaching a stage of environmental excellence due to their limited resources.

  16. Foucault's contributions for understanding power relations in British classical political economy

    Directory of Open Access Journals (Sweden)

    Danielle Guizzo

    2015-05-01

    Full Text Available This paper analyzes the strategic role played by British classical political economy in constructing new technologies of power. Michel Foucault drew attention to a change that political economists promoted concerning the role of the state, which has been overlooked by historians of economic thought. This paper explores the main arguments provided by the most important British political economists of the 18th and 19th centuries on what concerns population management, State's role and economic dynamics in order to examine Foucault's considerations. Although British classical political economy consolidated the mechanism of markets and economic individuality, thus creating a system of truth that changed economic norms and practices, its discourse also established a political conduct that was responsible for creating mechanisms of control that disseminated new forms of power relations.

  17. Real-world fuel economy and CO2 emissions of plug-in hybrid electric vehicles

    International Nuclear Information System (INIS)

    Ploetz, Patrick; Funke, Simon Arpad; Jochem, Patrick

    2015-01-01

    Plug-in hybrid electric vehicles (PHEV) combine electric propulsion with an internal combustion engine. Their potential to reduce transport related green-house gas emissions highly depends on their actual usage and electricity provision. Various studies underline their environmental and economic advantages, but are based on standardised driving cycles, simulations or small PHEV fleets. Here, we analyse real-world fuel economy of PHEV and the factors influencing it based on about 2,000 actual PHEV that have been observed over more than a year in the U.S. and Germany. We find that real-world fuel economy of PHEV differ widely among users. The main factors explaining this variation are the annual mileage, the regularity of daily driving, and the likelihood of long-distance trips. Current test cycle fuel economy ratings neglect these factors. Despite the broad range of PHEV fuel economies, the test cycle fuel economy ratings can be close to empiric PHEV fleet averages if the average annual mile-age is about 17,000 km. For the largest group of PHEV in our data, the Chevrolet Volt, we find the average fuel economy to be 1.45 litres/100 km at an average electric driving share of 78%. The resulting real-world tank-to-wheel CO 2 emissions of these PHEV are 42 gCO 2 /km and the annual CO 2 savings in the U.S. amount to about 50 Mt. In conclusion, the variance of empirical PHEV fuel economy is considerably higher than of conventional vehicles. This should be taken into account by future test cycles and high electric driving shares should be incentivised.

  18. Reviving the carbohydrate economy via multi-product lignocellulose biorefineries.

    Science.gov (United States)

    Zhang, Y-H Percival

    2008-05-01

    Before the industrial revolution, the global economy was largely based on living carbon from plants. Now the economy is mainly dependent on fossil fuels (dead carbon). Biomass is the only sustainable bioresource that can provide sufficient transportation fuels and renewable materials at the same time. Cellulosic ethanol production from less costly and most abundant lignocellulose is confronted with three main obstacles: (1) high processing costs (dollars /gallon of ethanol), (2) huge capital investment (dollars approximately 4-10/gallon of annual ethanol production capacity), and (3) a narrow margin between feedstock and product prices. Both lignocellulose fractionation technology and effective co-utilization of acetic acid, lignin and hemicellulose will be vital to the realization of profitable lignocellulose biorefineries, since co-product revenues would increase the margin up to 6.2-fold, where all purified lignocellulose co-components have higher selling prices (> approximately 1.0/kg) than ethanol ( approximately 0.5/kg of ethanol). Isolation of large amounts of lignocellulose components through lignocellulose fractionation would stimulate R&D in lignin and hemicellulose applications, as well as promote new markets for lignin- and hemicellulose-derivative products. Lignocellulose resource would be sufficient to replace significant fractionations (e.g., 30%) of transportation fuels through liquid biofuels, internal combustion engines in the short term, and would provide 100% transportation fuels by sugar-hydrogen-fuel cell systems in the long term.

  19. 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.

  20. RECIPROCITY PRINCIPLE AS THE FOUNDATION FOR SOCIAL ECONOMY MANIFESTATION

    Directory of Open Access Journals (Sweden)

    GRAȚIELA MIHAELA FERARU

    2017-12-01

    Full Text Available Social economy appears as a bilateral impulse that gathers potential customers and professionals who secure the demand and the supply for services. Therefore, needs turn from individual to collective and allow the persons involved to identify new needs and to respond to them by mobilizing public or voluntary resources. A social enterprise interacts both with market and public sector when operating in complex areas where the state is involved. Once established, they tend to form a hybrid economic model in which the commercial activities (self-financed by selling goods or performing services, non-market but monetary (public financing, donations from churches and foundations and non-market ones (voluntary work of its members or others combine. The ability to gather various forms of economic activity in an entrepreneurial framework as well as the ability to engage customers and service performers in a democratic decision making process, based on reciprocity principle, offers a regulatory role to social economy. Reciprocity as an economic principle ensures the main instrument to distinguish what is essential and constant regarding social economy from what is secondary and transitory. Reciprocity enables the manifestation of the practices and economic resources mobilization forms with the scope of satisfying human needs that do not belong to profit seeking organizations nor to the public institutions.

  1. External Economies Evaluation of Wind Power Engineering Project Based on Analytic Hierarchy Process and Matter-Element Extension Model

    Directory of Open Access Journals (Sweden)

    Hong-ze Li

    2013-01-01

    Full Text Available The external economies of wind power engineering project may affect the operational efficiency of wind power enterprises and sustainable development of wind power industry. In order to ensure that the wind power engineering project is constructed and developed in a scientific manner, a reasonable external economies evaluation needs to be performed. Considering the interaction relationship of the evaluation indices and the ambiguity and uncertainty inherent, a hybrid model of external economies evaluation designed to be applied to wind power engineering project was put forward based on the analytic hierarchy process (AHP and matter-element extension model in this paper. The AHP was used to determine the weights of indices, and the matter-element extension model was used to deduce final ranking. Taking a wind power engineering project in Inner Mongolia city as an example, the external economies evaluation is performed by employing this hybrid model. The result shows that the external economies of this wind power engineering project are belonged to the “strongest” level, and “the degree of increasing region GDP,” “the degree of reducing pollution gas emissions,” and “the degree of energy conservation” are the sensitive indices.

  2. Harmonious Development between Socio-Economy and River-Lake Water Systems in Xiangyang City, China

    Directory of Open Access Journals (Sweden)

    Qiting Zuo

    2016-11-01

    Full Text Available River-lake water systems (RLS are important carriers for matter transformation and energy transmission. Influenced by accelerated social and economic development, the structural, functional, and environmental states of RLS have been seriously damaged. It is an important problem for human beings to coordinate the contradiction between socio-economic development and the protection of RLS. In order to quantitatively study the harmonious relationship between socio-economic development and the state of RLS, the harmony theory method was used to analyze the degree of harmonious development between socio-economy and RLS in this study taking Xiangyang City as an example, and formulating corresponding harmonious optimization schemes. The results indicate that: (1 the state of RLS had a relatively small change during 2009–2014, and its spatial distribution shows a decreasing trend with the Han River as the central axis decreases on both of its sides; (2 before 2011, the driving force of socio-economic development in Xiang yang City mainly originated in the peripheral regions such as Laohekou City, Zaoyang City, and Gucheng County, but after 2011, it migrated rapidly towards Downtown, and reached the maximum in 2014; (3 when the influence of regional socio-economic development on RLS is small, socio-economic development is the main factor driving the change of the overall harmonious development degree of socio-economy and RLS. However when the influence is big, it is combined, driven by socio-economic development and the state of RLS; (4 the main factors affecting the overall harmonious degree of socio-economy and RLS in Xiangyang City include: river length, standard ratio of water quality, water consumption per capita, reservoir regulation capability, farmland irrigation water consumption per Mu (Mu is an area unit in China, 1 Mu approximately equals to 666.67 m2, and sewage treatment rate. This study can provide a reference for the future analysis of

  3. Can Tourism Revive the Croatian Economy?

    Directory of Open Access Journals (Sweden)

    McCormick Janice

    2015-12-01

    Full Text Available Croatia has one of its weakest economies in European Union. The most powerful engine driving a nation’s economy is its businesses. But Croatian business is not faring well. The Croatian government is hoping tourism will help revive the economy. This is a realistic hope but one that will be realized only through concerted action by business, government, and the education sector.

  4. A Stochastic Frontier Analysis of Output Level and Growth in Poland and Western Economies

    NARCIS (Netherlands)

    Osiewalski, J.; Koop, G.; Steel, M.F.J.

    1997-01-01

    This paper uses Bayesian stochastic frontier methods to measure the productivity gap between Poland and Western countries that existed before the beginning of the main Polish economic reform. Using data for 20 Western economies, Poland and Yugoslavia (1980-1990) we estimate a translog stochastic

  5. Economy or chrematistics: Serbian case

    Directory of Open Access Journals (Sweden)

    Anđelković Petar M.

    2015-01-01

    Full Text Available The nations are worth as much as it is worth their economies. In today's global world, people gain or lose independence primarily by how successful their economy is . Of course, freedom and independence of a people is defended in all fields, but the economic success is the key to success to all the rest. A society that is for us and the former socialist countries, termed transition, represents a return to predatory capitalism and the way in hypocritical, orchestrated democracy; it is now the world of lasting evil and bigger injustice that undermine the state and relentlessly pushing them into ,,peripheral capitalism' (Ljubisa Mitrovic. The word 'economy' is of Greek origin and translated into our language it means' skill of housekeeping (economy'. What we habitually continue to call economy in the world today and in Serbia, we can not call the skill of keeping. The term 'economy' has long been superseded, in his place is the term 'chrematistics' also a word of Greek origin that means inserted enrichment. This term in use is introduced by Aristotle. This ancient philosopher emphasized that the economy and chrematistics are antipodes and that chrematistics destructive to society. By its nature, it leads to the destruction of the economy. Practically, it can be called 'destroyers skill of keeping the economy.' Today in the world and Serbia do not have the economy, we have chrematistics (speculation on commodity markets , pyramid schemes, the development of the securities market , games on the stock market ... . Chrematistics the trick word, and that's why we can replace it with the term 'casino-economy.' A new form of monarchy, which is expressed as a new imperialism, is not based on ' cunning mind' (Hegel and the 'spirit of the law' ( Montesquieu , but the 'cunning of the economy', which is dominated by raw (Hobbes laws of the market and where the economy becomes policies. Figure of societies of Eastern Europe, where the neoliberal social

  6. Inefficient equilibria in transition economy

    Directory of Open Access Journals (Sweden)

    Sergei Guriev

    1999-01-01

    Full Text Available The paper studies a general equilibrium in an economy where all market participants face a bid-ask spread. The spread may be caused by indirect business taxes, middlemen rent-seeking, delays in payments or liquidity constraints or price uncertainty. Wherever it comes from the spread causes inefficiency of the market equilibrium. We discuss some institutions that can decrease the inefficiency. One is second currency (barter exchange in the inter-firm transactions. It is shown that the general equilibrium in an economy with second currency is effective though is still different from Arrow–Debreu equilibrium. Another solution can be introduction of mutual trade credit. In the economy with trade credit there are multiple equilibria that are more efficient than original bid-ask spread but still not as efficient as Arrow–Debreu one, too. The implications for firms' integration and applicability to Russian economy are discussed.

  7. Leadership and the Nigerian Economy

    Directory of Open Access Journals (Sweden)

    Victor E. Dike

    2014-02-01

    Full Text Available The Nigerian economy is largely oil-based. Some people would rather say it is a mono-product economy. The economy has been in dire straits over the years, because of a combination of the neglect of education, especially technical and vocational education and science-based technology education, poor leadership and governance, corruption, as well as poor monetary and fiscal policies. All these have made a review of the poor investment in human capital development and infrastructure and institutions that drive the Nigerian economy and national development rather compelling. The political leaders have always raised the people’s hope by painting glowing pictures of their development plans and how they would stimulate the economy and improve the people’s living conditions. Thus, they swore that they would give priority attention to human capital development and national development, and empower the citizens, particularly the poorly educated, unskilled, and unemployed youths, with relevant human skills capital and entrepreneurial skills to enable them to contribute profoundly to national development. Yet the political leaders have, over the years, failed to adequately fund education and strengthen the infrastructure and institutions that would drive the economy and create employment for the teeming population. Both the new-breed politicians, like the old politicians before them, are promising to transform the nation into an industrialized society and the people cannot hold their expectations. The reality though is that Nigeria cannot become an industrialized society without investing abundantly in human capital development (education and health, leadership, and technological capabilities, which means investing in the future development of the nation.

  8. Exercise economy in skiing and running

    Directory of Open Access Journals (Sweden)

    Thomas eLosnegard

    2014-01-01

    Full Text Available Substantial inter-individual variations in exercise economy exist even in highly trained endurance athletes. The variation is believed to be determined partly by intrinsic factors. Therefore, in the present study, we compared exercise economy in V2-skating, double poling and uphill running. Ten highly trained male cross-country skiers (23 ± 3 years, 180 ± 6 cm, 75 ± 8 kg, VO2peak running: 76.3 ± 5.6 mL•kg-1•min-1 participated in the study. Exercise economy and VO2peak during treadmill running, ski skating (V2 technique and double poling were compared based on correlation analysis with subsequent criteria for interpreting the magnitude of correlation (r. There was a very large correlation in exercise economy between V2-skating and double poling (r = 0.81 and a large correlation between V2-skating and running (r = 0.53 and double poling and running (r = 0.58. There were trivial to moderate correlations between exercise economy and VO2peak (r = 0.00-0.23, cycle rate (r = 0.03-0.46, body mass (r = -0.09-0.46 and body height (r = 0.11-0.36. In conclusion, the inter-individual variation in exercise economy could only moderately be explained by differences in VO2peak, body mass and body height and therefore we suggest that other intrinsic factors contribute to the variation in exercise economy between highly trained subjects.

  9. The tourist industry: a growth opportunity for Southern economy

    OpenAIRE

    Gattei S.

    2011-01-01

    Over the years, the international tourist movement has considerably expanded and this has reinforced the idea that such a sector can have a major role on the growth of Mezzogiorno's economy and on reducing the gap with the Centre-North. This paper aims at analysing trends in the South during the decade 1988-2008, compared with those of the Centre-North and the main competitor countries of the Mediterranean area, and at identifying the major obstacles to development of Southern tourism in line...

  10. Interorganisational Management in Entrepreneurial Economies

    DEFF Research Database (Denmark)

    Christensen, Poul Rind; Piihl, Jesper

    2004-01-01

    In this article relationship management is defined and discussed in the context of an entrepreneurial society. Important aspects of trends in entrepreneurial economies to aspects of managerial economies. Based on a review of established management theories, it is concluded that there is a need...

  11. Experience economy brimming with potential

    DEFF Research Database (Denmark)

    Sørensen, Flemming; Sundbo, Jon

    2014-01-01

    In these days of economic uncertainty, businesses ought to make better use of recent research into the experience economy. Perhaps co-creation and individualisation can save us from the crisis, argue the editors of a new book about the latest research into the experience economy....

  12. Water for greening the economy

    CSIR Research Space (South Africa)

    De Lange, Willem J

    2015-03-01

    Full Text Available ] for such an overview). The focus here falls on a discussion aimed to improve alignment between water resource management and the principles of a green economy. Previous chapters have made it clear that a green economy requires a holistic approach towards policy...

  13. Education and the Economy: Boosting New Jersey's Economy by Improving High School Graduation Rates

    Science.gov (United States)

    Alliance for Excellent Education, 2011

    2011-01-01

    Building on its previous work examining education and the economy, the Alliance for Excellent Education (the Alliance), with generous support from State Farm[R], analyzed the economies of all fifty states and the District of Columbia to determine the economic benefits that states could see by improving high school graduation rates. Using a…

  14. Education and the Economy: Boosting New Hampshire's Economy by Improving High School Graduation Rates

    Science.gov (United States)

    Alliance for Excellent Education, 2011

    2011-01-01

    Building on its previous work examining education and the economy, the Alliance for Excellent Education (the Alliance), with generous support from State Farm[R], analyzed the economies of all fifty states and the District of Columbia to determine the economic benefits that states could see by improving high school graduation rates. Using a…

  15. Education and the Economy: Boosting New Mexico's Economy by Improving High School Graduation Rates

    Science.gov (United States)

    Alliance for Excellent Education, 2011

    2011-01-01

    Building on its previous work examining education and the economy, the Alliance for Excellent Education (the Alliance), with generous support from State Farm[R], analyzed the economies of all fifty states and the District of Columbia to determine the economic benefits that states could see by improving high school graduation rates. Using a…

  16. Education and the Economy: Boosting New York's Economy by Improving High School Graduation Rates

    Science.gov (United States)

    Alliance for Excellent Education, 2011

    2011-01-01

    Building on its previous work examining education and the economy, the Alliance for Excellent Education (the Alliance), with generous support from State Farm[R], analyzed the economies of all fifty states and the District of Columbia to determine the economic benefits that states could see by improving high school graduation rates. Using a…

  17. Unraveling the Shift to the Entrepreneurial Economy

    NARCIS (Netherlands)

    D.B. Audretsch (David); A.R. Thurik (Roy)

    2010-01-01

    textabstractA recent literature has emerged providing compelling evidence that a major shift in the organization of the developed economies has been taking place: away from what has been characterized as the managed economy towards the entrepreneurial economy. In particular, the empirical evidence

  18. The role of entrepreneurship in transforming efficiency economies into innovation-based economies

    Directory of Open Access Journals (Sweden)

    Jurie van Vuuren

    2018-04-01

    Full Text Available Background: Entrepreneurship is believed to be a major driver of economic development. While it is right to consider entrepreneurship as a development tool, it is also crucial to identify the kind of entrepreneurship that contributes meaningfully towards economic development. Extant research revealed a U-shaped relationship between entrepreneurship and economic development and claimed that entrepreneurship in efficiency economies is dwarfed in terms of its contribution to economic development.   Aim: To identify and explain factors that would assist efficiency-based countries to transform their economies using entrepreneurship as a major policy tool.   Setting: We compared two structurally separate groups of countries. Each group consists of three countries and 9 years of data were extracted from Global Entrepreneurship Monitoring (GEM and United Nation (UN datasets.   Methods: We examined the relationship between entrepreneurship and economic development using comparative research design. Bivariate correlation analysis was used to detect associations and various descriptive statistical tools were applied to examine and compare the entrepreneurial tendencies of countries included in our study.   Results: The results indicated that entrepreneurship in efficiency economies is unfairly undervalued by academic commentators and that our findings pose a serious question as to the U-shaped relationship argument. The analysis revealed that the relationship between entrepreneurship and economic development is positive in both contexts, albeit the strength of the correlation is much more pronounced for innovation-driven economies compared to efficiency-driven countries. Furthermore, the analysis revealed that the rate of total early-stage entrepreneurial activity (TEA is strongly correlated with perceived opportunity and entrepreneurial intention scores in both contexts.   Conclusion: It is concluded that countries seeking to transform their

  19. Working in the informal economy.

    Science.gov (United States)

    Kidder, T

    2000-07-01

    Informal ways of working are widespread and central to the economy and markets. This paper explores what informal economy is and how it could be more valuable for men and women. The informal economy is a mix of the following activities: 1) subsistence work which includes agriculture, marginal economic projects, and unpaid work in the home; 2) informal work which includes unregistered businesses, and illegal or criminal activities; 3) casual production, a sub-contracted or ¿off-the-books¿ work which deprives workers of the benefits tied to recognized employment; and 4) community work and barter. It is shown that more women, when compared to men, work and live on the border between the household and the market economy. Usually men do more technical or mechanized production while women tend to do activities within traditional women's roles. Men and women often have different understanding of what work is. Men consistently underestimate the women's contribution to the household income. To improve this critical issue of gender differences, rules, norms, and laws that cause problems must be identified, and then work can begin with both men and women to change laws and policies, as well as ideas and beliefs about women's contribution to the economy.

  20. Cambodia's economy

    OpenAIRE

    Ear, Sophal

    2008-01-01

    "This presentation is adapted from a Harvard KSG workshop held earlier this year on the Political Economy of "Binding Constraints to Growth" Cambodia Pilot for which I served as an External Panelist/Resource Person."

  1. 40 CFR 600.113-78 - Fuel economy calculations.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 29 2010-07-01 2010-07-01 false Fuel economy calculations. 600.113-78... FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1978 and Later Model Year Automobiles-Test Procedures § 600.113-78 Fuel economy calculations. The...

  2. 40 CFR 600.113-88 - Fuel economy calculations.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 29 2010-07-01 2010-07-01 false Fuel economy calculations. 600.113-88... FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1978 and Later Model Year Automobiles-Test Procedures § 600.113-88 Fuel economy calculations. The...

  3. 40 CFR 600.113-93 - Fuel economy calculations.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 29 2010-07-01 2010-07-01 false Fuel economy calculations. 600.113-93... FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1978 and Later Model Year Automobiles-Test Procedures § 600.113-93 Fuel economy calculations. The...

  4. Making sense of the green economy

    OpenAIRE

    Caprotti, F; Bailey, I

    2014-01-01

    © 2014 Swedish Society for Anthropology and Geography. This special issue editorial explores potential research interfaces between human geography and the rapidly unfolding concept and practices of the "green economy". The article outlines a range of critical issues about the green economy that are particularly pertinent and suited to geographical analysis. The first concerns questions around the construction of the green economy concept and critical questioning of current, largely hegemonic ...

  5. The Potential of the Bio-economy: From Photosynthesis to Industry, from Innovation to Market

    International Nuclear Information System (INIS)

    Roy, Claude

    2016-01-01

    Growing awareness of resource exhaustion and of the consequences, particularly for the climate, of our modes of consumption and production has helped remind humanity that we live in a finite world and that to make too many demands on our ecosystem is to run the risk of reaching a point of no return. To change everyone's styles of production and consumption in ail countries by the end of the century is without doubt too ambitious an aim, but it is worth putting it forward and trying to equip ourselves with the tools to achieve it. The bio-economy or 'green carbon' economy is one of those tools, as Claude Roy shows in this article. It consists in exploiting the fruits of plant photosynthesis not merely for foodstuffs, but also for materials, chemical bases, fertilizers, energy etc. Claude Roy outlines the main characteristics of the bio-economy, particularly in France, the economic sectors it covers and their potential, particularly in terms of employment. First and foremost, he shows how it could contribute to meeting the major challenges of our world, whose finite nature we are rediscovering today. Energy conservation, a renewables- based economy and carbon sequestration -three possible 'emergency exits' at the heart of the bio-economy, so long as human beings can commit to developing their agricultural crops and forests. (author)

  6. Fuel Economy Label and CAFE Data Inventory

    Science.gov (United States)

    The Fuel Economy Label and CAFE Data asset contains measured summary fuel economy estimates and test data for light-duty vehicle manufacturers by model for certification as required under the Energy Policy and Conservation Act of 1975 (EPCA) and The Energy Independent Security Act of 2007 (EISA) to collect vehicle fuel economy estimates for the creation of Economy Labels and for the calculation of Corporate Average Fuel Economy (CAFE). Manufacturers submit data on an annual basis, or as needed to document vehicle model changes.The EPA performs targeted fuel economy confirmatory tests on approximately 15% of vehicles submitted for validation. Confirmatory data on vehicles is associated with its corresponding submission data to verify the accuracy of manufacturer submissions beyond standard business rules. Submitted data comes in XML format or as documents, with the majority of submissions being sent in XML, and includes descriptive information on the vehicle itself, fuel economy information, and the manufacturer's testing approach. This data may contain proprietary information (CBI) such as information on estimated sales or other data elements indicated by the submitter as confidential. CBI data is not publically available; however, within the EPA data can accessed under the restrictions of the Office of Transportation and Air Quality (OTAQ) CBI policy [RCS Link]. Datasets are segmented by vehicle model/manufacturer and/or year with corresponding fuel economy, te

  7. Networked Cultures in the Collaborative Economy

    DEFF Research Database (Denmark)

    Gyimóthy, Szilvia

    2017-01-01

    , and together open up for multidimensional interpretations of social exchange in the collaborative economy. The chapter concludes with a critical reflection on the challenges of understanding the collaborative economy in tourism, particularly when discourses are dominated by a communitarian logic......This chapter charts diverse approaches to conceptualizing the cultures of connection characterizing the collaborative economy. To decode the “we-conomy”, we revisit classic notions of coexistence, collaboration and bonding in communities. Informed by a multidisciplinary review (touching upon human...... ecology, sociology, anthropology and cultural theory), the chapter identifies distinct theoretical frameworks to describe the constitution of communities and discusses their relevance to the collaborative economy. These frameworks explain the drivers of communitarian behavior and resource circulation...

  8. Energy-economy relationship and environmental regulation in the presence of unrecorded economy

    International Nuclear Information System (INIS)

    Karanfil, F.

    2008-12-01

    This PhD thesis including five manuscripts and a brief international comparison analysis proposes a multi-field study on the economic and environmental effects of energy consumption. It first investigates the causal relationship between economic growth and energy consumption in Turkey and then offers a new methodology for the estimation of unrecorded economy based on environmental data. The thesis develops also asymmetric information models, where the regulator does not know the true emission level of each firm that it wishes to regulate, so as to examine to what extend different enforcement mechanisms affect incentives for the firms to reduce polluting emissions and to invest in clean energy technologies. In order to provide a complete insight on the effects of both fiscal and environmental enforcement policies, some similar analysis are conducted taking into account the existence of unrecorded economy. The results in this thesis essentially show that: first, energy conservation policies can be implemented in order to reduce greenhouse gas emissions without any adverse effect on the recorded economic activities; second, different audit mechanisms should be used depending on the environmental objective of the enforcement agency; third, in some cases, environmental regulations may increase the size of unrecorded economy; fourth, economic policies to combat unrecorded economy may not serve as a complement to energy conservation policies. (author)

  9. Can the social market economy be a viable solution for a future sustainable development of the Romanian economy?

    Directory of Open Access Journals (Sweden)

    Strat Vasile Alecsandru

    2017-07-01

    Full Text Available Social market economy (SME is a socio-economic model which attempts to unite the freedom of a competitive market economy with social equilibrium and progress. It is seen as a “third path” besides a purely liberal market economy and an economy which is heavily regulated by the state – in the SME there is an intermediate degree of regulation. Historically, the model corresponds to the real economic policy of the German Federal Republic after the 1950s, thus it is sometimes called Rhine capitalism. According to the Treaty of Lisbon from 2007, the European Union pursues a competitive social market economy with full employment and social progress. On one hand, this model wishes to exploit the advantages of a free market economy, especially its high efficiency in the production of goods, while on the other hand it uses state intervention to correct for potential negative outcomes from market processes. Further characteristics of this model are: ensuring competition, free price formation, private property, motivating performance through profit aspirations as well as guarding personal freedoms. Last but not least, this model encompasses a strong structural policy by encouraging weaker geographical regions or industries. Therefore, it is highly probable that such a socio-economic model might be the appropriate alternative to fuel a sustainable growth of the Romanian economy. Using county level data, from the National Institute of Statistics and from the National Office of the Trade Register, for the year 2015 we show that the Romanian economy is highly polarized with a few growth poles (islands and a large number of underdeveloped units. Thus, it becomes obvious that these important disparities will hinder a future sustainable development and by consequence a clear “road-map” represented by this economic model might prove to be a viable solution for the Romanian economy.

  10. Fuel Economy Label and CAFE Data

    Data.gov (United States)

    U.S. Environmental Protection Agency — The Engine and Vehicle Compliance Certification and Fuel Economy Inventory contains measured emissions and fuel economy compliance information for light duty...

  11. Corruption, public finances, and the unofficial economy

    OpenAIRE

    Johnson, Simon; Kaufmann, Daniel; Zoido-Lobaton, Pablo

    1999-01-01

    The authors found that, in post-communist economies, the unofficial economy's share of GDP is determined by the extent of control rights held by bureaucrats and politicians. Exploring in detail the role of taxation and bribery, and using data from an expanded data set of 49 Latin American, OECD, and transition economies, the authors find that the unofficial economy accounts for a larger share of GDP where there is great bureaucratic inefficiency and discretion, and where firms experience a gr...

  12. The problem of bio-concepts: biopolitics, bio-economy and the political economy of nothing

    Science.gov (United States)

    Birch, Kean

    2017-12-01

    Scholars in science and technology studies—and no doubt other fields—have increasingly drawn on Michel Foucault's concept of biopolitics to theorize a variety of new `bio-concepts'. While there might be some theoretical value in such exercises, many of these bio-concepts have simply replaced more rigorous—and therefore time-consuming—analytical work. This article provides a (sympathetic) critique of these various bio-concepts, especially as they are applied to the emerging `bio-economy'. In so doing, the article seeks to show that the analysis of the bio-economy could be better framed as a political economy of nothing. This has several implications for science education, which are raised in the article.

  13. Structural Statics and Dynamics of the Economy of Transcarpathia under Pre-Crisis and Crisis Conditions

    Directory of Open Access Journals (Sweden)

    Slava Svitlana S.

    2015-03-01

    Full Text Available Under current conditions in Ukraine, when the vector is directed at increasing self-sufficiency of the regions, diagnostics of structural transformations in their economic systems is a mandatory and necessary component to identify potential points of the region development. Accordingly, the purpose of the article is to study the structural trends in the economy of the Transcarpathian region and identify its leading sectors under the pre-crisis and crisis conditions, balance in dynamics of the main indicators — the volume of sales, regional value added, capital investment and the number of employees, as well as formation of the main directions in development of the regional economy. It has been revealed that for the past ten years the restructuring of the region economic did not go on too rapidly and it is still difficult to speak about a clear trend of transition to a post-industrial system. Given the current characteristics of the economy of Transcarpathia, the article defined the basic problematic aspects of its structural transformation. It allowed to determine the long-term, according to the authors, ways of “modernization” of economic processes in terms of attracting investments, increasing innovation, business activity, formation of a complete production cycle, use of alternative energy sources, implementation of the EU requirements.

  14. Digital Economy for Sustainable Economic Growth

    Directory of Open Access Journals (Sweden)

    Shuyong Guo

    2017-12-01

    Full Text Available Recent decades have seen a rapid digital transformation resulting in important and sometimes even crucial changes in business, society and the global economy. After the global crisis of 2008–2009, digital industries have been among the most dynamic and promising in the global economy. Nevertheless, the world lacks equilibrium between benefits and risks in the digital economy, which explains the need for global governance in this sphere. This article analyzes the role and characteristics of the G20 in the introduction of global governance in the digital economy. The authors review what’s meant by the digital economy and define the key characteristics of this sector, as well as highlight the challenges to international cooperation, analyze the digital strategies of G20 countries, study the G20’s participation in the global governance of the digital economy, analyze the potential for the leaders of China and Russia, and make recommendations concerning the participation of the G20 in the global governance of the digital economy. The authors arrive at the following conclusions. First, society has to govern the digital economy properly in order to eliminate disparities between developed and developing countries, as well as address cyber security and other threats, and promote a higher quality of life for all. Second, the G20 has very limited experience in the governing of the digital economy, but as a leader in terms of soft power, and as an organization with limited membership that includes both countries with a developed digital sector and countries that lag behind, it may play a great role in the digital economy’s global governance. Third, the US has historically been a leader in the IT sector and the digital economy. In recent years, China has sufficiently improved its positions, which allows it to aspire to a higher role in global governance. Russia may also play a greater (though not a leading role, taking into account its experience and

  15. Iran's Economy

    National Research Council Canada - National Science Library

    Ilias, Shayerah

    2008-01-01

    .... To the extent that U.S. sanctions and other efforts to change Iranian state policy target aspects of Iran's economy as a means of influence, it is important to evaluate Iran's economic structure, strengths, and vulnerabilities...

  16. Mobile economy

    OpenAIRE

    Turowski, Klaus

    2004-01-01

    Mobile economy : Transaktionen, Prozesse, Anwendungen und Dienste ; 4. Workshop Mobile Commerce, 02.-03. Februar 2004, Univ. Augsburg / K. Turowski ... (Hrsg.). - Bonn : Ges. für Informatik, 2004. - 189 S. : Ill., graph. Darst. - (GI-Edition : Proceedings ; 42)

  17. Social Economy in Romania - Challenges and Perspectives

    Directory of Open Access Journals (Sweden)

    Corina CACE

    2013-10-01

    Full Text Available In Romania, the term of social economy is rather new and almost unknown for the public at large, and the legal framework contains only regulations specific for different types of entities which perform activities or which generate effects that may be considered as partial forms of social economy. This paper reviews the recent literature which approached mostly the problems of conceptualization and definition of the social economy, both at the national and European level. The paper also proposes an evaluation of the social economy sector in Romania in terms of its development capacity on medium-term. The paper reviews scientific contributions from Romania and abroad, reports of public or private institutions, and development policies. All these documents are used to develop a theoretical framework of the social economy and to describe the social economy as a sector of activity within the European Union and Romania, taking into consideration several criteria.

  18. The problems of simulating electrical power systems within the energy economy

    International Nuclear Information System (INIS)

    Tuma, I.

    1984-01-01

    The article examines the problems of developing an electrical power system within the framework of the energy economy as a whole and an energy complex. Whereas in the past it was possible to forecast the development of such a system relatively accurately for ten years or more, the situation is now much more difficult. For the purposes of making forecasts, formalized mathematical methods have been developed and used systematically for many years both in research and in forecasting. For electricity demand, these include balance methods, methods of direct and indirect extrapolation, methods of simple and multiple correlation, methods of international comparison, multicomponent combined models of consumption and so on. The main problem in using them lies in the extremely limited validity of statistically compared interrelationships between a limited number of values in the context of explicitly step-wise changes in the domestic and world economy, in the power production of a country and so forth, which means that these methods do not produce good results. The report analyses the importance of the interrelationship between forecasts of the direction of electrical power development and the power complex as a whole and stresses that the main problem of forecasting the development of electrical power and its individual elements lies in selecting the right approach and deciding how to organize the use of methods in a situation where complex economic conditions operate simultaneously. The article also examines one of the possible ways of improving methods for forecasting energy consumption for the period considered. This consists in using data obtained from the analysis and consideration of factors affecting energy consumption in individual major areas of the economy

  19. Geo-economy of the Caspian basin

    International Nuclear Information System (INIS)

    Raballand, G.

    2003-05-01

    The Caspian area is essential for the development of the central Asia countries and Caucasus. Excepted the Iran and the Russia, these areas economy is poor. The hydrocarbons exploitation should reinforce the economic weight of these States. The author analyzes the Caspian area economies and shows that the basin economies are confronted with three handicaps, and that even with different economic ways, the soviet economic system is still present in the basin. (A.L.B.)

  20. New Economy - New Policy Rules?

    NARCIS (Netherlands)

    Bullard, J.; Schaling, E.

    2000-01-01

    The U.S. economy appears to have experienced a pronounced shift toward higher productivity over the last five years or so. We wish to understand the implications of such shifts for the structure of optimal monetary policy rules in simple dynamic economies. Accordingly, we begin with a standard

  1. Evaluating the Mechanism of Oil Price Shocks and Fiscal Policy Responses in the Malaysian Economy

    International Nuclear Information System (INIS)

    Bekhet, Hussain A; Yusoff, Nora Yusma Mohamed

    2013-01-01

    The paper aims to explore the symmetric impact of oil price shock on economy, to understand its mechanism channel and how fiscal policy response towards it. The Generalized Impulse Response Function and Variance Decomposition under the VAR methodology were employed. The empirical findings suggest that symmetric oil price shock has a positive and direct impact on oil revenue and government expenditure. However, the real GDP is vulnerable in a short-term but not in the long term period. These results would confirm that fiscal policy is the main mechanism channel that mitigates the adverse effects oil price shocks to the economy.

  2. Evaluating the Mechanism of Oil Price Shocks and Fiscal Policy Responses in the Malaysian Economy

    Science.gov (United States)

    Bekhet, Hussain A.; Yusoff, Nora Yusma Mohamed

    2013-06-01

    The paper aims to explore the symmetric impact of oil price shock on economy, to understand its mechanism channel and how fiscal policy response towards it. The Generalized Impulse Response Function and Variance Decomposition under the VAR methodology were employed. The empirical findings suggest that symmetric oil price shock has a positive and direct impact on oil revenue and government expenditure. However, the real GDP is vulnerable in a short-term but not in the long term period. These results would confirm that fiscal policy is the main mechanism channel that mitigates the adverse effects oil price shocks to the economy.

  3. Neuromuscular adaptations to training, injury and passive interventions: implications for running economy.

    Science.gov (United States)

    Bonacci, Jason; Chapman, Andrew; Blanch, Peter; Vicenzino, Bill

    2009-01-01

    Performance in endurance sports such as running, cycling and triathlon has long been investigated from a physiological perspective. A strong relationship between running economy and distance running performance is well established in the literature. From this established base, improvements in running economy have traditionally been achieved through endurance training. More recently, research has demonstrated short-term resistance and plyometric training has resulted in enhanced running economy. This improvement in running economy has been hypothesized to be a result of enhanced neuromuscular characteristics such as improved muscle power development and more efficient use of stored elastic energy during running. Changes in indirect measures of neuromuscular control (i.e. stance phase contact times, maximal forward jumps) have been used to support this hypothesis. These results suggest that neuromuscular adaptations in response to training (i.e. neuromuscular learning effects) are an important contributor to enhancements in running economy. However, there is no direct evidence to suggest that these adaptations translate into more efficient muscle recruitment patterns during running. Optimization of training and run performance may be facilitated through direct investigation of muscle recruitment patterns before and after training interventions. There is emerging evidence that demonstrates neuromuscular adaptations during running and cycling vary with training status. Highly trained runners and cyclists display more refined patterns of muscle recruitment than their novice counterparts. In contrast, interference with motor learning and neuromuscular adaptation may occur as a result of ongoing multidiscipline training (e.g. triathlon). In the sport of triathlon, impairments in running economy are frequently observed after cycling. This impairment is related mainly to physiological stress, but an alteration in lower limb muscle coordination during running after cycling

  4. The Underground Economy and GDP Estimation in Developing ...

    African Journals Online (AJOL)

    The estimation of gross domestic product (GDP) in most developing countries portrays a lot of meaning; most often it is very low. This could be true or false. The existence of underground economy in this economies tend to undermine the estimation of GDP in developing economies, because the size of such economy is ...

  5. THE CO-MOVEMENT CONNECTION BETWEEN THE GDP AND THE MAIN STOCK MARKET INDEX. THE CASES OF USA AND ROMANIA

    Directory of Open Access Journals (Sweden)

    IOAN ROXANA

    2015-12-01

    Full Text Available A recurring problem among economists is that of the connection supposed to exist between the Gross Domestic Product and the main stock market index. Several studies have been conducted, trying to analyze the existence and the extent of this connection, most of them concluding the fact that this relation, if existing, is not a statistically significant one. The analyzed relations between a certain country’s Gross Domestic Product and its main stock market index are mainly concentrated with studying correlations, regressive dependencies or cointegration connections calculated by taking into consideration the level of both time series. The best measure of an economy’s performance and evolution is the Gross Domestic Product, an indicator that suggests every step taken by that economy, including its cyclical oscillations. Among specialists, the stock market is seen as a barometer of the global economy, as investors try to exit the stock market before recessions and conversely they return to the stock market just as economy starts to recover. Thus, we find appropriate to analyze the connection between the stock market and the global economy from a cyclical evolution point of view. Therefore, we will take into consideration both GDP’s and stock market index’ cyclical components, as extracted using the Hodrick Prescott filter. The cyclical components’ comovement will then by studied using a procedure proposed in 2009 by Pirtea, Pătru, Dima and Cristea.

  6. 40 CFR 610.42 - Fuel economy measurement.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 29 2010-07-01 2010-07-01 false Fuel economy measurement. 610.42... ECONOMY RETROFIT DEVICES Test Procedures and Evaluation Criteria General Vehicle Test Procedures § 610.42 Fuel economy measurement. (a) Fuel consumption will be measured by: (1) The carbon balance method, or...

  7. 49 CFR 531.5 - Fuel economy standards.

    Science.gov (United States)

    2010-10-01

    ... 49 Transportation 6 2010-10-01 2010-10-01 false Fuel economy standards. 531.5 Section 531.5... ADMINISTRATION, DEPARTMENT OF TRANSPORTATION PASSENGER AUTOMOBILE AVERAGE FUEL ECONOMY STANDARDS § 531.5 Fuel economy standards. (a) Except as provided in paragraph (e) of this section, each manufacturer of passenger...

  8. Shadow Economy and Poverty

    OpenAIRE

    Nikopour, Hesam; Shah Habibullah, Muzafar

    2010-01-01

    This study attempts to investigate the relationship between shadow economy and poverty by explaining the mechanism through which shadow economy affects poverty via its impact on government size and economic growth, and using the human poverty index (HPI) for developing and developed countries. In order to achieve this objective, the three-way interaction model is utilized using data of 139 developing and 23 developed countries separately during 1999-2007. For developing countries the dynamic ...

  9. Regulating the sharing economy

    OpenAIRE

    Erickson, Kristofer; Sorensen, Inge

    2016-01-01

    In this introductory essay, we explore definitions of the ‘sharing economy’, a concept indicating both social (relational, communitarian) and economic (allocative, profit-seeking) aspects which appear to be in tension. We suggest combining the social and economic logics of the sharing economy to focus on the central features of network enabled, aggregated membership in a pool of offers and demands (for goods, services, creative expressions). This definition of the sharing economy distinguishe...

  10. Iran's Economy

    National Research Council Canada - National Science Library

    Ilias, Shayerah

    2008-01-01

    .... To the extent that U.S. sanctions and other efforts to change Iranian state policy target aspects of Iran ssssssss economy as a means of influence, it is important to evaluate Iran's economic structure, strengths, and vulnerabilities...

  11. Searching for (un)sustainabilty in pangasius aquaculture: A political economy of quality in European retail

    NARCIS (Netherlands)

    Bush, S.R.; Duijf, M.

    2011-01-01

    Drawing on a political economy of food quality, this paper investigates the main sources of uncertainty over the environmental sustainability of Vietnamese pangasius catfish in European markets and how retailers subsequently respond to these uncertainties. Based on media survey and interviews with

  12. East Germany's future energy economy

    Energy Technology Data Exchange (ETDEWEB)

    Tjon, F; Zuehlke, R [Technische Univ. Berlin (Germany, F.R.). FG Energie und Rohstoffwirtschaft

    1991-01-01

    Since unification, the former German Democratic Republic has had to face major changes, one of which concerns the energy supply system. A secure energy supply system is an absolute requirement for the political and economical development of this Republic. Its former strategy of 'autarkical' energy supply until the end of 1989 was one of the factors which led to an economic downfall. This essay gives an overview of the major structural changes to the economy which have occurred since unification. First, the former energy situation is described and the status quo analyzed. Then, efforts in reorganizing the present energy supply system are outlined. Finally, new perspectives and strategies are described. The aspects taken into consideration include: energy price deregulation; European fossil fuel marketing trends; investments for the build up of an efficient energy supply system; and the creation of surcharges for environmental pollution abatement, in particular, the reduction of carbon and sulfur dioxide emissions.

  13. NAIRU estimates in a transitional economy with an extremely high unemployment rate: The case of the Republic of Macedonia

    Directory of Open Access Journals (Sweden)

    Trpeski Predrag

    2015-01-01

    Full Text Available The main goal of the paper is to estimate the NAIRU for the Macedonian economy and to discuss the applicability of this indicator. The paper provides time-varying estimates for the period 1998-2012, which are obtained using the Ball and Mankiw (2002 approach, supplemented with the iterative procedure proposed by Ball (2009. The results reveal that the Macedonian NAIRU has ahumpshaped path. The estimation is based on both the LFS unemployment rate and the LFS unemployment rate corrected for employment in the grey economy. The dynamics of the estimated NAIRU stress the ability of the NAIRU to present the cyclical misbalances in a national economy.

  14. Modernisation Parameters of Fixed Capital in the Reindustrialization Conditions of the Economy: Statistical Aspects

    Directory of Open Access Journals (Sweden)

    Yulia V. Razvadovskaya

    2017-06-01

    Full Text Available In sales terms of strategy of the reindustrialization directed to recovery of potential of industrial production on qualitatively new technological basis in article the attention on such object of state regulation of economy as level of technological effectiveness of industries of the processing and extracting sectors of the Russian economy is focused. A main objective of this article is the research of parameters of modernization of fixed capital, including its statistical recording and analysis. Unlike the existing researches in which technological effectiveness is determined by such indicators as costs for Research and Development and a share of highly skilled workers in this article for an assessment use of such indicator as an organic structure of the equity which reflects change of a technical structure of the equity in dynamics is offered. In article measure calculations "an organic structure of the equity" on industries of the processing and extracting sectors of the Russian economy are made. Comparison of the received results with data of official statistics, including an indicator "a «fondovooruzhennost» by types of economic activity" allows to formulate a conclusion about need of accounting of cost indicators of a factor "work" in case of an assessment of parameters of technological rearmament of production. Also comparison of parameters of technological effectiveness of the extracting and processing sectors of economy of Russia and the USA is made. The carried-out calculations testify to repeatedly lagging behind absolute values of a technical structure of the equity in industries of the processing economy sector, and also to availability of a technology gap between extracting and processing sectors of the Russian economy. Such dynamics is a consequence of the adverse institutional changes generating growth of transformational and transactional expenses in national economy.

  15. New growth type industries of Japanese Economy <論説>

    OpenAIRE

    Ichihashi, Masaru

    1998-01-01

    This paper's purpose aims to survey and sketch a characteristic of new industrial change of Japanese Economy. The Japanese Economy shifted to export dependence type economy at 1980's because rationalization after an oil crisis at the beginning of 70's had been done. Processing structure industries of export oriented type and new service industries led Japanese Economy from that time to bubble economy period. Firstly, Japanese Economy made a recovery from about 1993 after the collapse ...

  16. 42 CFR 440.370 - Economy and efficiency.

    Science.gov (United States)

    2010-10-01

    ... 42 Public Health 4 2010-10-01 2010-10-01 false Economy and efficiency. 440.370 Section 440.370...-Equivalent Coverage § 440.370 Economy and efficiency. Benchmark and benchmark-equivalent coverage and any... requirements and other economy and efficiency principles that would otherwise be applicable to the services or...

  17. Introduction: popular economies in South Africa

    OpenAIRE

    Elizabeth Hull; Deborah James

    2012-01-01

    African economies have long been a matter of concern to anthropologists, not least in the pages of Africa. These economies are situated, somewhat contradictorily, between global settings of financialized capitalism on the one hand and impoverished local arenas where cash-based economic transfers predominate on the other. The more such economies appear to be tied to wider global arenas and operations that place them beyond the reach of ordinary people, the more necessary it is to explore the l...

  18. Underdeveloping Appalachia: Toward an environmental sociology of extractive economies

    Science.gov (United States)

    Wishart, William Ryan

    human development. Finally, I conclude with some implications of this analysis for building a critical environmental sociology of extractive economies. This dissertation includes previously published materials.

  19. Tobacco-free economy: A SAM-based multiplier model to quantify the impact of changes in tobacco demand in Bangladesh.

    Science.gov (United States)

    Husain, Muhammad Jami; Khondker, Bazlul Haque

    2016-01-01

    In Bangladesh, where tobacco use is pervasive, reducing tobacco use is economically beneficial. This paper uses the latest Bangladesh social accounting matrix (SAM) multiplier model to quantify the economy-wide impact of demand-driven changes in tobacco cultivation, bidi industries, and cigarette industries. First, we compute various income multiplier values (i.e. backward linkages) for all production activities in the economy to quantify the impact of changes in demand for the corresponding products on gross output for 86 activities, demand for 86 commodities, returns to four factors of production, and income for eight household groups. Next, we rank tobacco production activities by income multiplier values relative to other sectors. Finally, we present three hypothetical 'tobacco-free economy' scenarios by diverting demand from tobacco products into other sectors of the economy and quantifying the economy-wide impact. The simulation exercises with three different tobacco-free scenarios show that, compared to the baseline values, total sectoral output increases by 0.92%, 1.3%, and 0.75%. The corresponding increases in the total factor returns (i.e. GDP) are 1.57%, 1.75%, and 1.75%. Similarly, total household income increases by 1.40%, 1.58%, and 1.55%.

  20. Institutional Premises of Social Partnership Between Managers and Employees Under the Conditions of Socially-oriented Market Economy of the Federal Republic of Germany

    Directory of Open Access Journals (Sweden)

    M A Marinova

    2008-12-01

    Full Text Available The article considers basic principles of socially-oriented economy according to L. Erhard's model applied in Germany after World War II. It provides the analysis of their advantages and disadvantages, outlines the main subjects of economic relations and specifies the ways to implement the principles of socially-oriented market economy.