Teaching Children about the Global Economy: Integrating Inquiry with Human Rights

Science.gov (United States)

McCall, Ava L.

2017-01-01

Although children are already part of the global economy, they often have little understanding of its influence without explicit instruction. The article focuses on recommendations for teaching elementary students in grades three through five about the global economy utilizing the pedagogical recommendations from the National Council for the…

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.

Global Innovation in Emerging Economies | IDRC - International ...

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

2010-12-21

Dec 21, 2010 ... Book cover Global Innovation in Emerging Economies ... These trends are occurring in a dynamic business environment that consists of ... They have both managerial and policy implications for the companies and the ...

A Stay-Rich View of the New Global Economy

Science.gov (United States)

Trusteeship, 2011

2011-01-01

Major demographic changes around the world. Disproportionate sovereign debt. A shift from North America, Western Europe, and Japan to emerging economies as centers of growth. Unprecedented levels of market risk and volatility. The structure of the global economy is undergoing significant changes. Michael Oyster, managing principal of Fund…

TECHNOLOGICAL IMPERATIVE IMPACT OF GLOBALIZATION ON INTERNATIONAL AGRICULTURAL ECONOMY

Directory of Open Access Journals (Sweden)

А. Кozlova

2014-09-01

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

Open Education and the Creative Economy: Global Perspectives and Comparative Analysis

Science.gov (United States)

Liu, Tze-Chang

2011-01-01

This dissertation is to deal the issues of open education, creative economies, higher education. It also compares the performances in these aspects among different countries. The conception of the "creative economy" develops within the context of "global neoliberalism" and "knowledge economy." These three notions are…

Impact of Geological Changes on Regional and Global Economies

Science.gov (United States)

Tatiana, Skufina; Peter, Skuf'in; Vera, Samarina; Taisiya, Shatalova; Baranov, Sergey

2017-04-01

Periods of geological changes such as super continent cycle (300-500 million years), Wilson's cycles (300-900 million years), magmatic-tectonic cycle (150-200 million years), and cycles with smaller periods (22, 100, 1000 years) lead to a basic contradiction preventing forming methodology of the study of impact of geological changes on the global and regional economies. The reason of this contradiction is the differences of theoretical and methodological aspects of the Earth science and economics such as different time scales and accuracy of geological changes. At the present the geological models cannot provide accurate estimation of time and place where geological changes (strong earthquakes, volcanos) are expected. Places of feature (not next) catastrophic events are the only thing we have known. Thus, it is impossible to use the periodicity to estimate both geological changes and their consequences. Taking into accounts these factors we suggested a collection of concepts for estimating impact of possible geological changes on regional and global economies. We illustrated our approach by example of estimating impact of Tohoku earthquake and tsunami of March 2011 on regional and global economies. Based on this example we concluded that globalization processes increase an impact of geological changes on regional and global levels. The research is supported by Russian Foundation for Basic Research (Projects No. 16-06-00056, 16-32-00019, 16-05-00263A).

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...

The Rise of Middle Kingdoms: Emerging Economies in Global Trade

OpenAIRE

Gordon H. Hanson

2012-01-01

In this paper, I examine changes in international trade associated with the integration of low- and middle-income countries into the global economy. Led by China and India, the share of developing economies in global exports more than doubled between 1994 and 2008. One feature of new trade patterns is greater South-South trade. China and India have booming demand for imported raw materials, which they use to build cities and factories. Industrialization throughout the South has deepened globa...

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 ...

The Green Economy in the Global South

DEFF Research Database (Denmark)

Brockington, Dan; Ponte, Stefano

2015-01-01

As multiple visions for a Green Economy seek to become real, so are green economic initiatives in the global South multiplying. These can offer integration into wealth-generating markets – as well as displacement, alienation, conflict and opportunities for ‘green washing’. The articles included i...

The Green Economy in the Global South

DEFF Research Database (Denmark)

Brockington, Dan; Ponte, Stefano

2015-01-01

in this collection bring together a multidisciplinary team of scholars and a range of case studies, from forestry governance to tourism to carbon finance, to provide nuanced analyses of Green Economy experiences in the global South – examining the opportunities they provide, the redistributions they entail...

Emerging Global Political Economy and Implications for the Nigerian ...

African Journals Online (AJOL)

The world has been transformed into a global political economy as a result of the unprecedented level of interconnectedness of political, economic, social and technological forces that permeate the contemporary global system. This paper identifies trade regulations, technology and capitalism as core factors responsible for ...

The solar energy based global economy. A policy leading to the ecological era

International Nuclear Information System (INIS)

Scheer, H.

1999-01-01

Bound in its fossil energy and raw materials supply chains, the global economy is heading for a global ecological crisis and dramatically aggravating conflicts. Moreover, this exclusive dependence on fossil energy and materials resources forces a global concentration process increasingly undermining democratic and free market systems. But the will to survive is not the only reason to consider a new industrial revolution to be imperative. Such a sweeping change, from a fossil energy based regime to a system relying exclusively on renewable energy sources and raw materials, would open up unique opportunities for the evolution of a peaceful and democratic global economy fostering the development of superior technologies and sustainable regional economic systems. The author of the book elaborates the scenario permitting such a radical change, and explains the necessary basic approaches and appropriate policies relating to technology, the economy, ecology, and the social system. The ultimate goal is that the evolution of the solar energy based global economy will be accompanied by an intrinsic economic driving force eventually leading to an ecological era. (orig./CB) [de

ISLAMIC ECONOMIC THOUGHT AND THE NEW GLOBAL ECONOMY

OpenAIRE

CHAPRA, M. UMER

2001-01-01

The paper examines the teachings of the Qur’an and the Sunnah and the views of a number of classical Muslim scholars with respect to the unity of mankind and its implications for integration of the world economies through increased specialization and division of labor and removal of restrictions on the free flow of goods, services, labor and capital. It then discusses the extent to which these teachings and views fit within the framework of the New Global Economy. It argues that the philosoph...

Economy globalization and internationalization of business

OpenAIRE

Lucia PALIU-POPA

2009-01-01

In the conditions of contemporary world, the active participation in international division of labor is an essential component of the development process of each country. In this context the foreign trade, as a distinct branch of the national economy is an important factor of economic growth caused by the internationalization of business and determining for the process of globalization. Starting from the belief that international business development tends to bec...

Work security in a global economy.

Science.gov (United States)

Rosskam, Ellen

2003-01-01

Work security is a fundamental right of all working people. After World War II, the welfare state became an intrinsic part of the "Golden Age" of capitalism, in which universal prosperity seemed attainable. Workers' organizations frequently played a crucial role in policy decisions that promoted full employment, income stability, and equitable treatment of workers. Today's world order is quite different. Globalization in its present form is a major obstacle to work security. Globalization is not simply a market-driven phenomenon. It is a political and ideological movement that grants authority to capital over governments and labor. This transfer of authority hinders national efforts to promote work security and may impact the well-being of communities worldwide. In the absence of domestic autonomy, international labor standards are needed to protect social welfare. They should be geared toward curbing unemployment, poverty, and social exclusion in the global economy. The article looks at three initiatives to promote global work security.

Income Inequality, Global Economy and the State

Science.gov (United States)

Lee, Cheol-Sung; Nielsen, Francois; Alderson, Arthur S.

2007-01-01

We investigate interrelationship among income inequality, global economy and the role of the state using an unbalanced panel data set with 311 observations on 60 countries, dated from 1970 to 1994. The analysis proceeds in two stages. First, we test for effects on income inequality of variables characterizing the situation of a society in the…

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

Globalization and the financialization of the economy

Directory of Open Access Journals (Sweden)

Ion Bucur

2013-12-01

Full Text Available The defining with profound implications on the economy and society is represented the globalization. In this context, we have noticed the increasing influence of the financial markets on the economy, the tendency to remove the finances from the real economy requirements, the growing role of external financing using more volatile capital goods, increased competition regarding the access to financing, the significant increase of power of the international capital markets whose characteristic is represented by the increased instability, the implications of the investors’ obsession with an excessive profitableness of their own funds and the expansion of using sophisticated financial products. Realities of today’s financial markets, which are the subject of numerous studies and analysis, have contributed to the association of the arguments that are contesting the thesis on the virtues of self-regulation markets and promoting a new paradigm, within which finances should subordinate the requirements of a balanced and sustained economic growth.

Corporate social responsibility in the new global economy

OpenAIRE

Lindfelt, Lise-Lotte

2002-01-01

This paper is a discussion of the rights and responsibilities of global corporations. Multinational and transnational corporations of the new economy face a serious difficulty in being ethical today. The environment is subject to the enormous influence of material monism and ethics becomes at times a question of profits. This paper discusses a few aspects on ethical marketing strategies, the use of ethical codes and corporate survival under the pressures of increasing globalization. The purpo...

National competitiveness and absolute advantage in a global economy

OpenAIRE

Parrinello, Sergio

2006-01-01

Distinguished trade theorists maintain that a national economy cannot be uncompetitive as a whole, contrary to the frequent statements of many politicians, because a country must possess a comparative advantage in some sector according to Ricardo’s principle. In this paper the author arguesthat such a criticism addressed to the notion of national competitiveness neglects a bottom line of a national economy engaged in a global market. In this context, characterized by free capital movements an...

Globalization and the Rise of the Entrepreneurial Economy

NARCIS (Netherlands)

Audretsch, D.; Sanders, M.

This paper argues that recent trends in the global economy have led to a shift in developed countries’ comparative advantage from mature industrial to early stage entrepreneurial production. We develop a three stage product life cycle model in which we distinguish between life cycle stages

Desovereignization of national state, economy and security in terms of globalization

Directory of Open Access Journals (Sweden)

Rakić Mile M.

2014-01-01

Full Text Available In current modern age of worldwide processes of globalization and globalism a process of desovereigntization of national state and economy has become a general process. Therefore national state has been faced with numerous challenges and it has been in a permanent state of crisis. Within the process of globalization most often rich enclaves of national states make attempts to integrate themselves into neoliberal capitalist system, while poor and backward enclaves become abandoned and so national states become disintegrated. First of all it is necessary to search for causes of ethno-religious conflicts and a national separatism in the field of economy. Within the globalization environment it happened that old entities, national state, national economy and national security gained totally new meanings. By using a method of comparative analysis of document contents and consitutional and political practice alike it is possible to reach conclusion that a great number of modern national states, including the Republic of Serbia among them, have found themselves in the state of permanent crisis, and the state crisis implies, before anything else, the crisis of state sovereignty. The state gets destroyed both from inside and outside in different ways. By using a quality method it is confirmed that within a state there comes an overstepping of constitutional regulations which encompass, before else, the issues of national economy and national security, and it is achieved in particular by seizure of economic sovereignty.

Democratising the global economy by ecologicalising economics. The example of global warming

International Nuclear Information System (INIS)

Jenkins, T.N.

1996-01-01

The aim of this paper is to show that continued reliance on an unreconstructed neo-classical economic model for human progress is largely responsible for an economic development path which is both unsustainable and undemocratic. Using the topical issue of global warming as an illustration, it is argued that the ecologicalisation of the economics discipline challenges the foundations of this strategy and promises, among other benefits, a more democratic global economic organisation. The data analysed in this paper suggest that the damage of global warming is directly attributable to economic activity, the benefits of economic growth go to the economically articulate, and the disbenefits in terms of environmental damage are borne by the economically inarticulate. Mainstream economics gives no answer to, and becomes a method for evading, this moral problem. The data also show that huge increases in energy efficiency are required if a basically unchanged world economic system is to be sustainable. Nevertheless, the predominant goal of development policy is to ignore the problem of scale and to promote an economic model of urbanised development in the 'developing' countries which carries the implication (and the promise) that the rates of resource consumption typical in 'developed' countries can be achieved globally. An alternative development model is presented which includes the recognition that, in ecological terms, 'developed' countries are in debt to 'developing' countries, largely because of the way in which economic growth is measured gross of externalised social and environmental costs. A method is suggested for calculating part of this ecological debt for individual countries, thus going some way towards quantifying the extent of the distortions in the current global political economy and the unsustainability of the present economic order

The consequences of product markets globalization for Ukraine’s national economy

Directory of Open Access Journals (Sweden)

Ivashchenko Maryna

2016-04-01

Full Text Available The features of global commodity markets have been considered in the article. The purpose of the article is to identify the sources and consequences of commodity markets globalization observable in the world economy and to develop the recommendations as for the state and corporate governance in the context of global competition. The author’s attention is paid to transnational corporations that make up the most significant competition in the global commodity markets. The influence of transnational business on product markets has been investigated. The last is defined as a product of globalization on the one hand, and becomes a catalyst of globalization processes on the other hand. Also the place of Ukraine in global ratings has been traced. It has been proved that the most effective way of behavior of Ukrainian enterprises on the global commodity markets among all the possible variants is the way of innovation development. Despite the reduction of the government regulatory role in the global economy it has been recommended the adoption of effective management decisions to support of the domestic producers but not at the expense of a healthy global competition.

LINK BETWEEN SUSTAINABLE DEVELOPMENT AND GLOBALIZATION OF CONTEMPORARY ECONOMY

Directory of Open Access Journals (Sweden)

Adriana Grigorescu

2014-11-01

Full Text Available Sustainable development requires a fundamental change in lifestyle. A fully break detachment by the past requires a major reorientation of public and private behavior and mentality. The challenge lies in linking economic growth with social issues and positioning the environmental degradation. The process of globalization is connected also with environmental degradation, which is now extended as a concept of threat and security, considered individually and in connection. It has already started recognizing new global threats as well as from non -state groups and individuals. The security is being defined to include, among others, the wars between and within states, international organizations of organized crime, nuclear weapons development, poverty, viral diseases, climatic events and environmental degradation. The concerns about the global market and the global environment protection will become more related, through their mutual dependency. The relationship of global economy and environment, from a market perspective, means stimulating economic growth, a process that generates higher revenues, funds and wealth, on one hand and political will to improve environmental conservation and protection, on the other hand. But it could be seen that the developed countries have made the greatest progress in environmental protection, and even so the poor quality of the environment continues to deteriorate. In this context it is important to consider the opinion of experts on the interaction between globalization and sustainable development. The paper aims to present the views of experts from the Regional Agency for Environmental Protection (South Muntenia. The study is an empirical research based on a questionnaire applied to a sample of over 300 subjects. The research aims to set out the existence of the link between sustainable development and globalization, to identify the main advantages and disadvantages of globalization and to prioritize the main

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

OpenAIRE

Kružić, Dejan

2007-01-01

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

The Indonesian Economy amidst the Global Crisis : Good Policy and Good Luck

OpenAIRE

Basri, Muhammad Chatib; Rahardja, Sjamsu

2010-01-01

The global economic crisis has caused economic collapse in many countries. Indonesia is obviously affected by this crisis, its export growth declined significantly. Nevertheless, the impact of the crisis on the Indonesian economy is relatively limited compared to other countries in the region, including Singapore, Malaysia, and Thailand. This situation leads into a question of why the impact of the global crisis on the Indonesian economy is relatively limited so far. Is it because of the stru...

China's food economy in the early 21st Century; Development of China's food economy and its impact on global trade and on the EU

NARCIS (Netherlands)

Tongeren, van F.W.; Huang, J.

2004-01-01

Development of Chinese food economy and Chinese agricultural policies. Simulations of future developments in China and in global trade with a model for the Chinese food economy and a model for global trade analysis. Simulation of developments in a 'business as usual' scenario. Assesment of impacts

Globalization as Continuing Colonialism: Critical Global Citizenship Education in an Unequal World

Science.gov (United States)

Mikander, Pia

2016-01-01

In an unequal world, education about global inequality can be seen as a controversial but necessary topic for social science to deal with. Even though the world no longer consists of colonies and colonial powers, many aspects of the global economy follow the same patterns as during colonial times, with widening gaps between the world's richest and…

Global knowledge economy in the post-colony: public universities ...

African Journals Online (AJOL)

Annals of Modern Education ... like widening digital divide and increasing exclusion from the global knowledge economy, devaluation of indigenous knowledge systems, increased 'white slavery' and perpetuation of the culture of dependency, as well as lack of self-confidence in local intellectual values and practice.

GLOBALIZATION AND ITS IMPACT ON INDIAN ECONOMY

OpenAIRE

Raghunath

2017-01-01

Globalization means different things to different people. It can be defined simply as an expansion of economic activities across political boundaries of nation states. More importantly it refers to a process of deepening economic integration, increasing economic openness and growing economic interdependence between countries in the world economy. It is associated not only with a phenomenal spread and volume of cross-border economic transactions but also with an organization of economic activi...

The Globalization of the Business Sector in a Small Open Economy

DEFF Research Database (Denmark)

Thompson, Grahame; Kaspersen, Lars Bo

2012-01-01

The growth of multinational corporations (MNCs) is often taken as a quintessential indicator of ‘globalization’. But recent detailed empirical analysis has challenged the idea that most MNCs are global in terms of their business strategy and arena of operations. This article first clarifies...... the differences between globalization, internationalization and supranational-regionalization by examining the evidence on trade and investment patterns for Denmark. In particular, it presents a detailed analysis of the business strategies of the large corporate sector in Denmark. Denmark is an interesting case......, as it is a small open economy (SOE) that might be thought to be one uniquely vulnerable to the forces of globalization. Up until now examination of MNCs' internationalization strategies has concentrated upon large economies. We provide evidence for a SOE. In addition, we expand the range of dimensions used...

The Influence of Low-carbon Economy on Global Trade Pattern

Science.gov (United States)

Xiao-jing, Guo

Since global warming has seriously endangered the living environment of human being and their health and safety, the development of low-carbon economy has become an irreversible global trend. Under the background of economic globalization, low-carbon economy will surely exert a significant impact on global trade pattern. Countries are paying more and more attention to the green trade. The emission permits trade of carbon between the developed countries and the developing countries has become more mature than ever. The carbon tariff caused by the distribution of the "big cake" will make the low-cost advantage in developing countries cease to exist, which will, in turn, affect the foreign trade, economic development, employment and people's living in developing countries. Therefore, under the background of this trend, we should perfect the relevant laws and regulations on trade and environment as soon as possible, optimize trade structure, promote greatly the development of service trade, transform thoroughly the mode of development in foreign trade, take advantage of the international carbon trading market by increasing the added value of export products resulted from technological innovation to achieve mutual benefit and win-win results and promote common development.

Macroeconomic perspectives on the Danish economy

DEFF Research Database (Denmark)

Andersen, Torben M.; Hougaard Jensen, Svend E.; Risager, Ole

A guide to major economic policy issues in Denmark. Leading Danish and international economists discuss, in comparative conte×t, the Danish economy's performance in the last 40 years, and assess the challenges which Denmark in common with other small, open economies faces in the global economy...... today. Major features include the continuing of academic analysis with policy making e×perience and e×pertise, and the e×amination of topical issues including the impact of EMU on "outsider" nations....

The Role of Urban Financial Centers within the Economy of Global Cities

Directory of Open Access Journals (Sweden)

Oana Mionel

2014-06-01

Full Text Available Nowadays, there is no doubt that state economy refers to city economy. In other words, the most part of a state‘s GDP is given by the urban environment, especially by capitals, which are often the economic engine of this environment. There are also cities having great economic importance abroad, beyond the state and even continental borders. These are the so-called global cities where the financial activities play an important role. There are a few cities (New York, London, Hong Kong etc. centering financial activities which are influential for large geographic areas. This research highlights the importance of the financial sector within urban economy and, subsequently, how it consolidates the status of global city. These cities are the engine of the international financial system as they host the headquarters of the most important and famous international stock exchange markets, financial supervision institutions, law firms and consulting companies.

Interactivity Leadership in a Global Economy

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Ecaterina Necsulescu

2011-05-01

Full Text Available This paper aims to analyze the interaction of leadership more pronounced due to globalization, the business world, can no longer ignore the powerful cultural aspects of leadership. In other words, there are differences between leadership styles considered acceptable in a national culture or another. Looking at different models of leadership and differences between cultural norms, we find that in this increasingly globalized world, begin to crystallize several converging trends. Thus, "global leadership" that leaders who act in a multicultural environment would be useful following attributes and skills: charisma, aptitude for teamwork, openness to change, interest in political and socio-economic life of other countries; ability to retain good relations with people of other cultures, adaptability to new situations, ability to work in a multicultural team, etc. Foundation skills training exceptional global leadership is built from childhood through socialization experiences that influence cultural patterns, and also are influenced by them. Early managerial responsibilities and experience gained in international projects do not create skills for leadership in international environment, but they develop. Consequently, global leaders must create multicultural communities, creating a culture that goes over the differences between people and contains certain "guiding signals"-values and attitudes - which can be easily understood by employees from different cultural groups. Thus, global leadership development program does not focus exclusively on understanding and acceptance of cultural diversity, but goes further, making the people realize they need a common organizational culture. Globalization requires many changes in the economy, communication, political structures, in all areas of personal and organizational-among them such essential processes of cultural convergence and diversification.

National Competitiveness in Global Economy: Evolution of Approaches and Methods of Assessment

Directory of Open Access Journals (Sweden)

- Teng Delux

2011-09-01

Full Text Available The basic concept of national competitiveness and the analytic potential model for the estimation of countries' competitiveness, such as diamond model of competitive advantages of national economies by M. Porter, the generalized double diamond model of international competitiveness by C. Moon, 9-factors model by S. Cho, Global Competitiveness Index (GCI and Knowledge Economy Index (KEI are considered.

The debt crisis, the global economy and the challenges of ...

African Journals Online (AJOL)

The debt crisis, the global economy and the challenges of development: sub Saharan Africa at the crossroads. ... democratization, striving towards gender parity, stemming conditions that precipitate incessant conflicts, reversing the region's crumbling environmental conditions, and fighting the HIV/AIDS pandemic. Journal of ...

Trends in and outlook for the global and South African economies

CSIR Research Space (South Africa)

Maia, Jorge

2017-10-01

Full Text Available -GFC average. Global growth to be sustained at a relatively higher level over MT. • Higher fixed investment activity globally to address back-logs. Global FDI flows rise, benefitting both advanced economies and emerging markets. • Moderate inflationary...: 28% Select export destinations share of SA export basket in 2016 United States  Growth sustained at modest pace (around 2% p.a.), with consumer & investment spending as key drivers.  Low inflationary pressures, gradual policy rate hikes...

Impact Of The Oil Trade On The Global Economy And The Role Of Giant Fields In Predicting Supply

Energy Technology Data Exchange (ETDEWEB)

Kelley, Wayne; Bishop, Richard

2010-09-15

Confusion about global oil supply ('peak oil') is a distraction from the economic issue of massive wealth transfer associated with oil trading and its potential to destabilize the world economy. Without an accurate forecast of oil volumes (resources, reserves and supply), timing and cost, there is no reliable way to model the consequences of the oil trade on the global economy. This paper illustrates why it is imperative to improve our understanding of the oil trade on the global economy and proposes a method of forecasting oil supply for input into a credible global economic model.

World Economy at the Confluence between Globalization and Regionalization

Directory of Open Access Journals (Sweden)

Costel Marian DIMA

2015-12-01

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

Management in achieving competitive advantage in Nigerian public organisations under the global economy

Directory of Open Access Journals (Sweden)

Chijioke Hope Ukanwah

2015-09-01

Full Text Available This paper explores the strategic role of human resources management in achieving competitive advantage in a global economy. Human resource management remains indispensable in engendering competitive advantage for businesses in this era of tense global competition. Productivity and competitiveness of organisations is now dependent on their employees’ ability to generate, process, and apply knowledge. Scholars and practitioners of human resources management agree that a workforce that is properly trained and managed is a source of competitive advantage. The article recognised the fact that public organisations have not really given importance to human resource management and this is responsible for their underwhelming performance. The paper recommends some HR strategies that managers can adopt to improve the quality and value of their workforce, and these range from effective talent management, continuous workplace learning, safe and healthy work environment, ICT adoption, competitive benefit system, HR planning to proper deployment of skills and expertise.

Developing Economies and Global Governance: Will IMF Rethink Its Orthodox View?

Directory of Open Access Journals (Sweden)

Manjula Jain

2018-01-01

Full Text Available It has been constantly viewed that the developed economies unevenly ruled the governance structures in the international organizations such as International Monetary Fund (MF. The continuous development in Emerging and Developing Economies (EDEs over the last 20 years witnessed their growing importance in the world economy, but at the same time little increase in their voice in the IMF. There are reasons for the discontent of the EDEs in the present structure such as the increase of regional monetary arrangements, uneven distribution of quota shares, IMF quota reforms, and IMF voting structure. The world economy is witnessing a tremendous growth of these EDEs and is now at the verge where Asian economies are capable of leading, rather than the North Atlantic economies. This issue should be acknowledged properly and must be responded adequately. This paper makes an attempt to understand the prime issues that should be fixed in the current quotas system and voting structure in the IMF.

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 ...

Telecommunication Sector of the Russian Economy: Transformation Into a Global Information and Telecommunication Infrastructure

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Fokina Elena Anatolyevna

2014-12-01

Full Text Available The author concerns the current state and possible ways of telecommunication sector of the Russian economy development in the conditions of world economy globalization and suggests that the process of globalization reflects the current stage of telecommunication companies’ capital internationalization. The analysis of telecommunication sector shows that it is not only a perspective, highmargin and dynamically developing sector but is still one of the most integrated into the system of world economic relations. The stages of Russian telecommunication companies’ capital internationalization are determined, the internal connections between internationalization process and globalization are revealed. It is revealed that the new information and communication technologies development and expansion results in substantial increase in cooperation between economical entities and provides a sustainable long-term economical growth of telecommunication enterprises. The financial and operational data determining the effectiveness of telecommunication companies’ activity are presented. The analysis of tendencies promoting the extension of the market activity of Russian telecommunication companies at global information and telecommunication infrastructure shows that the main tendencies are the following ones: foreign capital inflow increase, capital integration and expansion of new services based on technologies convergence. The author reasonably concludes in recent times, the telecommunication sector of the Russian economy formation and development is determined by the existing global trends.

Globalization, the New Economy, and the Commodification of Language and Identity.

Science.gov (United States)

Heller, Monica

2003-01-01

Explores ways in which the globalized new economy has resulted in the commodification of language and identity, sometimes separately, sometimes together. The article is based on recent ethnographic, sociolinguistic research in francophone areas of Canada. (Author/VWL)

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.

The Disposition Parameters of the Technological and Innovation Gap in the Global Economy

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Mikaelian Suren G.

2017-12-01

Full Text Available The aim of the study is to specify the disposition parameters of the technological and innovation gap in the global economy and determine the directions for overcoming it. It is proved that the process of technological asymmetry is reflected in the technological and innovation gap in the global economy. The positions of the countries-innovation leaders are clarified with the attention being focused on the growth of China’s influence through its efforts in technological innovations. There described the transformation of the positions in two planes: production of and trade in high-tech products. A hypothesis about the change in the nature of innovations during the last decade is confirmed. It is proved that the affordability of the formation of advanced technologies in China has become a reason for its transformation into the powerhouse of the world economic development. There identified and characterized the directions for bridging the gap between economies, which include increasing investment on the global innovation scale; promoting the spread of technologies and their adaptation; ensuring an unimpeded flow of talents and knowledge; using intellectual property rights to promote innovation for the poor, improve the innovation efficiency; entering markets.

THE IMPACT OF THE GLOBAL FINANCIAL CRISIS ON ALGERIAN ECONOMY

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Zeyneb GUELLIL

2015-04-01

Full Text Available The Global Economic Crisis and 2008 financial crisis, is considered by many economists the worst financial crisis since the Great Depression of the 1930s , The financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. It is a situation where macro indicator like economic growth rate fall in most countries across the world. “Although economists largely failed to predict this global economic seismic shock, they have since made up for their oversight by generating a large and growing literature explaining the crisis.” In this discussion paper explores what happened and what issues arise from the Global Financial Crisis on the global economy and the Algerian economic in particular.

Political Economy of Global Rush for Agricultural Land: a Tract on India’s Overseas Acquisitions

OpenAIRE

Verma, Santosh Kumar

2015-01-01

This paper is an attempt to map the global land acquisitions with a focus on Indian MNCs in acquiring overseas land for agricultural purposes. It tries to outline the contemporary political economy of capital accumulation at the global level, especially, in the emerging developing economies like India and China, where the emergence of a new capitalist class has engaged itself into acquisition of land and control of other natural resources in Africa, Latin America, Eastern Europe and South Eas...

Measuring Africa's E-Readiness in the Global Networked Economy: A Nine-Country Data Analysis

Science.gov (United States)

Ifinedo, Princely

2005-01-01

This paper assesses the integration of Africa into the global economy by computing the e-readiness for nine African countries. The measuring tool used is simple and incorporates a variety of indicators used by comparable tools. Overall, the mean e-readiness of Africa is poor in comparison to other economies. Particularly, Sub-Saharan Africa…

Prerequisites for Forming the Institutional Concept of the National Economy Competitiveness under Conditions of Globalization

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Yaremenko Oleh L.

2015-03-01

Full Text Available The article attempts to prove that under conditions of globalization there have developed objective and subjective prerequisites for forming the institutional concept of the national economy. The objective prerequisites are the newest information and communication technologies, post-industrial trends and market transformation of civilization intensified by globalization. Under such conditions instability and volatility of the institutional environment both within national economies and at the international level are observed. The aggravation of the global competition between national economies actualizes the role of such institutional factors as political system, property, public administration, economic organization, culture, etc. The subjective prerequisites are related to the fact that the institutional economic theory is currently one of the leading trends in the modern world and Ukrainian economic thought. Interest in it is explained not only by the fact that it overcomes the limitations of a number of prerequisites for the mainstream, but also because it allows considering the modern economic processes in complex

INTEGRATION OF TRADE AND DISINTEGRATION OF PRODUCTION IN THE GLOBAL ECONOMY

OpenAIRE

Robert Feenstra

2003-01-01

The last few decades have seen a spectacular integration of the global economy through trade. The rising integration of world markets has brought with it a disintegration of the production process, however, in which manufacturing or services activities done abroad are combined with those performed at home. The author compares several different measures of foreign outsourcing and argues that they have all increased since the 1970s. He also considers the implications of globalization for employ...

Women workers and the politics of claims-making in a globalizing economy

OpenAIRE

Kabeer, Naila

2015-01-01

The paper analyses the evolving politics of claims-making by women workers in the Global South in the context of a globalized economy. It addresses the following questions. What kinds of claims are prioritized in relation to women workers? Who is making these claims? To whom are they addressed? What strategies are pursued to advance these claims? Which claims are heard and acted on - and which go unheard? The paper considers three categories of women workers: those working in global value cha...

Immigrants as Refugees of the Global Economy: Learning to Teach (about) Today's Migrants

Science.gov (United States)

Reed, Judith

2015-01-01

The phenomenon of migration as it is known today must be understood in the larger context of the globalized economy and the "race to the bottom" that characterizes the multinational corporate relationship with the global South. A deeper understanding of the ways in which migration today is rooted in the machinations of the globalized…

MARKETING IMPLICATION IN WINE ECONOMY

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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.

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.

Can Knowledge Management Become Global? - Consulting Engineering Companies in the Knowledge Economy

DEFF Research Database (Denmark)

Koch, Christian

2004-01-01

The paper presents different strategies for consulting engineering companies in the emergent global economy. It is a common assumption that players can obtain market gain through cross border mergers, acquisitions, or strategic alliances in synchronisation with internal organisation. Many big...

Globalization, statist political economy, and unsuccessful education reform in South Korea, 1993-2003.

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Ki Su Kim

2005-02-01

Full Text Available This article examines the relationship between globalization and national education reforms, especially those of educational systems. Instead of exploring the much debated issues of how globalization affects national educational systems and how the nations react by what kinds of systemic education reform, however, it focuses on what such a method often leaves out, viz., the internal conditions of a nation that facilitates or hampers reform efforts. Taking South Korea as an example, it explores that country's unique national context which restricts and even inhibits education reforms. Especially noted here is the established "statist" political economy in education. In the paper's analysis, although South Korea's statist political economy has made a substantial contribution to economic and educational development, it is now considered increasingly unviable as globalization progresses. Nevertheless, the internal conditions, resultant from the previous statist policies, set limits on policy makers' efforts to alter the existing educational system. The analysis suggests that a fuller assessment of globalization's impact upon national educational systems or their reforms requires a perspective which is broad enough to encompass not only the concepts and/or theories of globalization and nation states but also the power relations and ideological setup of individual nations.

Environmental and Health Benefits and Risks of a Global Hydrogen Economy

Science.gov (United States)

Dubey, M.; Horowitz, L. W.; Rahn, T. A.; Kinnison, D. E.

2003-12-01

Rapid development in hydrogen fuel-cell technologies will create a strong impetus for a massive hydrogen supply and distribution infrastructure in the coming decades. Hydrogen provides an efficient energy carrier that promises to enhance urban and regional air quality that will benefit human health. It could also reduce risks of climate change if large-scale hydrogen production by renewable or nuclear energy sources becomes viable. While it is well known that the byproduct of energy produced from hydrogen is water vapor, it is not well known that the storage and transfer of hydrogen is inevitably accompanied by measurable leakage of hydrogen. Unintended consequences of hydrogen leakage include reduction in global oxidative capacity, changes in tropospheric ozone, and increase in stratospheric water that would exacerbate halogen induced ozone losses as well as impact the earth's radiation budget and climate. Stratospheric ozone depletion would increase exposure to harmful ultraviolet radiation and increased risk to melanoma. We construct plausible global hydrogen energy use and leak scenarios and assess their impacts using global 3-D simulations by the Model for Ozone And Related Trace species (MOZART). The hydrogen fluxes and photochemistry in our model successfully reproduce the contemporary hydrogen cycle as observed by a network of remote global stations. Our intent is to determine environmentally tolerable leak rates and also facilitate a gradual phasing in of a hydrogen economy over the next several decades as the elimination of the use of halocarbons gradually reduces halogen induced stratospheric ozone loss rates. We stress that the future evolution of microbial soil sink of hydrogen that determines its current lifetime (about 2 years) is the principal source of uncertainty in our assessment. We propose global monitoring of hydrogen and its deuterium content to define a baseline and track its budget to responsibly prepare for a global hydrogen economy.

New “stars” of global economy: TICKS comes to replace BRICS

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Iryna Chychkalo-Kondratska

2017-10-01

Full Text Available The paper discusses the reasons for the establishment of BRICS, and the role of the BRICS countries in the global economy today. Special attention is paid to the analysis of the factors, which caused the "destruction" of BRICS. The BRICS group is now being replaced by a new grouping of fast-growing economies – TICKS in which Russia and Brazil are replaced by Taiwan and South Korea. The authors analyzed the macroeconomic indicators of the TICKS countries and proposed a new structure of the grouping - Thailand, India, China, Korea, Singapore. These countries have fast-developing high-tech industries, increasing foreign investments and GDP, as it is proved here by the respective calculations of the authors.

Towards a Global Comprehensive Context-driven and Decision-focused Theory and Method for a New Political Economy

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Winston P. Nagan

2014-05-01

Full Text Available There is currently significant dissatisfaction with conventional economic theory. The unreliability of conventional theory as a predictor of future economic possibilities of catastrophes emphasizes the need for a new paradigm of political economy. This paper provides a capsule of some of the important limitations and consequences of the “old” paradigm. It proposes the necessary elements of a new paradigm and it seeks to locate the new paradigm of political economy in terms of its global reach. This requires a richer contextual approach, with the tools of contextual mapping. It has as well a focus on the global process of effective power and the emerging rule of law based constitutive processes. This is a key to the role of decision and the architecture of decision-making in political economy. We conclude with the global to local implications of the Vicos Experiment in Peru. Finally, we stress the wider lens of focus to identify the real and not the illusory generation of value. The implications here facilitate real global democratization.

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

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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.

TRENDS OF NATURAL RESOURCES MARKET IN A GLOBALIZED WORLD ECONOMY

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Cristian, SIMA

2013-10-01

Full Text Available Natural resources are not homogeneous in nature, having certain features in the productive process that require grouping them into different categories by different criteria. Consequently, natural resources cannot be addressed all at once, but only distinctly, according to relevant criteria selected based on the proposed goals. Changing approaches based resources (materials to the knowledge, from quantity to quality, from mass products to new concepts of higher added value, follows a development that is based on eco-efficiency and sustainable products and services. In this respect, integrated research will become key factors towards global processing. Also, global digitalization requires a new approach on the role of information in the development of economy and increase of competitiveness.

Globalization Crises, Trade,and Development in Vietnam

DEFF Research Database (Denmark)

Abbott, Philip; Tarp, Finn

Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great recession, financial crisis and collapse of global trade. Its success contradicts its characterizat......Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great recession, financial crisis and collapse of global trade. Its success contradicts its...... that dependence and bolster the domestic economy while continuing to restructure the economy toward greater emphasis on the private sector. Growth, employment and poverty alleviation have been maintained at the expense of renewed inflation, larger budget deficits, and currency depreciation. The ‘stop-go’ nature...

Social Justice and the Global Economy: New Challenges for Social Work in the 21st Century

Science.gov (United States)

Polack, Robert J.

2004-01-01

The globalization of the economy creates new challenges for social work in the arenas of social and economic justice. This article outlines social justice issues related to the debt crisis of the Global South and sweatshops. A presentation of colonial precursors is followed by a detailed examination of these global institutions with an emphasis on…

Electric power and the global economy: Advances in database construction and sector representation

Science.gov (United States)

Peters, Jeffrey C.

The electricity sector plays a crucial role in the global economy. The sector is a major consumer of fossil fuel resources, producer of greenhouse gas emissions, and an important indicator and correlate of economic development. As such, the sector is a primary target for policy-makers seeking to address these issues. The sector is also experiencing rapid technological change in generation (e.g. renewables), primary inputs (e.g. horizontal drilling and hydraulic fracturing), and end-use efficiency. This dissertation seeks to further our understanding of the role of the electricity sector as part of the dynamic global energy-economy, which requires significant research advances in both database construction and modeling techniques. Chapter 2 identifies useful engineering-level data and presents a novel matrix balancing method for integrating these data in global economic databases. Chapter 3 demonstrates the relationship between matrix balancing method and modeling results, and Chapter 4 presents the full construction methodology for GTAP-Power, the foremost, publicly-available global computable general equilibrium database. Chapter 5 presents an electricity-detailed computational equilibrium model that explicitly and endogenously captures capacity utilization, capacity expansion, and their interdependency - important aspects of technological substitution in the electricity sector. The individual, but interrelated, research contributions to database construction and electricity modeling in computational equilibrium are placed in the context of analyzing the US EPA Clean Power Plan (CPP) CO 2 target of 32 percent reduction of CO2 emissions in the US electricity sector from a 2005 baseline by 2030. Assuming current fuel prices, the model predicts an almost 28 percent CO2 reduction without further policy intervention. Next, a carbon tax and investment subsidies for renewable technologies to meet the CPP full targets are imposed and compared (Chapter 6). The carbon tax

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

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Raluca Ionela CREŢOIU

2014-03-01

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

CONTINUING EDUCATION FOR MANAGERS AS THE BASIS OF INNOVATION ECONOMY (EXPERIENCE OF THE RUSSIAN PRESIDENTIAL ACADEMY OF NATIONAL ECONOMY AND PUBLIC ADMINISTRATION

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Elena Kosareva

2016-05-01

Full Text Available The experience of establishing a system of continuing education at the Russian Presidential Academy of National Economy and Public Administration (RANEPA to support the institutional reform of the Russian economy was investigated. A review of the scientific research activities carried out by the Academy was provided. The role of the Academy in the formation of the educational space was demonstrated. The practice of creation of education and training cluster within a structural division of the Academy – the Institute of Sectorial Management – was evaluated as an example.

The Economic Crisis and Several Effects on Global Economy

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Florina BRAN

2011-01-01

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

Clean Cities Strategic Planning White Paper: Light Duty Vehicle Fuel Economy

Energy Technology Data Exchange (ETDEWEB)

Saulsbury, Bo [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Hopson, Dr Janet L [Univ. of Tennessee, Knoxville, TN (United States); Greene, David [Univ. of Tennessee, Knoxville, TN (United States); Gibson, Robert [Univ. of Tennessee, Knoxville, TN (United States)

2015-04-01

Increasing the energy efficiency of motor vehicles is critical to achieving national energy goals of reduced petroleum dependence, protecting the global climate, and promoting continued economic prosperity. Even with fuel economy and greenhouse gas emissions standards and various economic incentives for clean and efficient vehicles, providing reliable and accurate fuel economy information to the public is important to achieving these goals. This white paper reviews the current status of light-duty vehicle fuel economy in the United States and the role of the Department of Energy (DOE) Clean Cities Program in disseminating fuel economy information to the public.

Export Trade Performance of Indian Economy during and Following the Global Financial Crisis

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Dr. Sumanjeet Singh

2011-07-01

Full Text Available Towards the end of 2008 the effects of global recession started getting reflectedin international trade. The fall in global demand and the slowing-down ineconomic growth translated into a substantial reduction in internationaltrade. It affected the cross-border trade of virtually all countries and economicsectors. Indian exports trade could not remain unaffected in a situation whereexternal demand was dwindling globally. The present paper reviews India’sexport performance during and following the global financial crisis. Indianexports started to decline in July 2008. It declined from US$ 17,095 millionin July 2008 to US$ 11,516 million in March 2009, which accounts for almost33 per cent decline. This growth contraction has come after a robust 25 percent-plus average export growth since 2003. But, as a result of governmentpolicy measures and recovery in global economy, India’s exports growthturned positive and exports grew by a whopping 54.1 per cent in March 2010and recorded the highest growth rate among the world’s top 70 economiesin merchandise exports. India’s merchandise exports during April 2010 at US$16.9 billion recorded a growth of 36.3 per cent as compared with a declineof 32.8 per cent registered in April 2009. Exports witnessed huge annualizedgrowth of 56.9 per cent to $25.9 billion in May 2011 in a bright spot for theIndian economy, which is battling high inflation amid signs of a slowdown.

Significance of supplier selection criteria evolvment in IT outsourcing to emerging economies: lessons from a global IT outsourcing project

OpenAIRE

Hyvonen, H.; Helminen, M.; Watanabe, C.

2015-01-01

In line with the increasing significance of the acceleration of information technology (IT) advancement and also of harnessing the vigor of emerging economies, IT outsourcing to emerging economies has become global concerns. This enables global companies to enjoy a critical competitive edge by choosing the best option in outsourcing strategy and supplier selection. Consequently, supplier selection criteria have become critical issues for both suppliers and customers. This paper a...

Nuclear power--the hope of green economy

International Nuclear Information System (INIS)

Tian Jiashu; Wang Chuang

2010-01-01

The thesis introduces the current situation of nuclear power development and developed countries' attitude towards nuclear power as the demand for energy consumption is continuously increasing with the global economic and social development and the green house gas emission leads to global warming. By comparison of the impact to the environment and the generating cost between thermal power and nuclear power, it is of great significance to strengthen nuclear power development to carry out international cooperation on low-carbon economy and to enhance self-innovation for developing the green economy and dealing with climate change. Based on the analysis of nuclear industry development in China, the Mid-Long Term Development Plan for Nuclear Power has been set up, and challenges and objectives of nuclear and radiation safety regulation have been brought forward. (authors)

How Does the Global Economy Crisis Influence in Managing Investment in Indonesia

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Enggal Sriwardiningsih

2012-09-01

Full Text Available July 2007 is the beginning of the world’s subprime mortgage crisis. Since then, the world’s liquidity crisis occurred and never found any solution until now. The liquidity crisis began to spread from developed countries to poor countries, developing countries and emerging markets with two channels. This contagious crisis made growing economy and emerging economy fell. No country in the world survived, including Indonesia. This paper discussed the management of investments in Indonesia. It started from the spread of global crisis to Indonesia and its impact on investment in Indonesia. Then, we discussed the government's efforts to encourage investment. The last was the view of the investment for the next three years (2010-2014

The Economy Governing During Globalization Era

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Ion Bucur

2006-09-01

Full Text Available World and national economie governing is an essential premise of the political stability and democratic evolution. In this study are approached theoretical and practical aspects of the economie governing. Theoretical acquisitions in this field highlit multiple perspectives of approaching and difficulties to characterize this complex and multisized fenomenon. A possible theory of governing the economy needs to use some concepts and mechanisms particular to more scientific fields (political science, economy, cibernetics, the theory of systems and others. The dinamic character and the instability of the present system of governing imposed the analysis of the factors and conditions which have generated the crises of the national and world economic governing. In this context, there are indentified the forms of manifesting the instability (lack of legitimacy, transpa¬rence and democratic responsability, and also the direction of necessary action to implement an efficient and responsable economic governing.

The Economy Governing During Globalization Era

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Ion Bucur

2006-07-01

Full Text Available World and national economie governing is an essential premise of the political stability and democratic evolution. In this study are approached theoretical and practical aspects of the economie governing. Theoretical acquisitions in this field highlit multiple perspectives of approaching and difficulties to characterize this complex and multisized fenomenon. A possible theory of governing the economy needs to use some concepts and mechanisms particular to more scientific fields (political science, economy, cibernetics, the theory of systems and others. The dinamic character and the instability of the present system of governing imposed the analysis of the factors and conditions which have generated the crises of the national and world economic governing. In this context, there are indentified the forms of manifesting the instability (lack of legitimacy, transpa¬rence and democratic responsability, and also the direction of necessary action to implement an efficient and responsable economic governing.

Long-run evolution of the global economy - Part 2: Hindcasts of innovation and growth

Science.gov (United States)

Garrett, T. J.

2015-10-01

Long-range climate forecasts use integrated assessment models to link the global economy to greenhouse gas emissions. This paper evaluates an alternative economic framework outlined in part 1 of this study (Garrett, 2014) that approaches the global economy using purely physical principles rather than explicitly resolved societal dynamics. If this model is initialized with economic data from the 1950s, it yields hindcasts for how fast global economic production and energy consumption grew between 2000 and 2010 with skill scores > 90 % relative to a model of persistence in trends. The model appears to attain high skill partly because there was a strong impulse of discovery of fossil fuel energy reserves in the mid-twentieth century that helped civilization to grow rapidly as a deterministic physical response. Forecasting the coming century may prove more of a challenge because the effect of the energy impulse appears to have nearly run its course. Nonetheless, an understanding of the external forces that drive civilization may help development of constrained futures for the coupled evolution of civilization and climate during the Anthropocene.

The evolution of sovereign wealth funds and their influence in the global economy. The case of China

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Ioana-Iulica MIHAI

2013-05-01

Full Text Available This paper, through the deductive analysis and the causal explanations, catches the positive and negative character of the Sovereign Wealth Funds development as a relatively new economic tool, but with a strong impact in the global economy, especially in the context of the current financial changes. The benefits brought by them to the global capital market, in terms of increasing liquidity and allotting financial resources, however cannot diminish the fears related to the states holding sovereign funds in the economy of other countries, and in order to give an example we present the case of China.

Support for Ethical Consumerism and Welfare States in the Global Economy : Complements or Substitutes?

NARCIS (Netherlands)

Burgoon, B.; Fransen, L.

This paper explores attitudes about alternative paths to promoting labor and social standards in the global political economy: public welfare-state policy protecting workers and social standards through policy and regulation, versus private ‘red consumerism’ protecting standards through consumer

GLOBALIZATION AND SMALL BUSINESSES AND ECONOMIES – CHALLENGES AND OPPORTUNITIES

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NINKO KOSTOVSKI

2016-08-01

Full Text Available In this paper, we analyze the effect of globalization in general and from the viewpoint of the small and medium sized companies in the Republic of Macedonia, as a typical developing economy. Our survey of 100 managers and business owners from small and medium sized enterprises indicates that they tend to perceive the globalization with more conservative glasses as negative, or at the best, as a neutral phenomenon to their overall business prospects. However, to harvest the apparent opportunities of the globalization and to achieve the desired internationalization of their businesses, they call for intensive regional cooperation seeing it as a gateway to much harsher realms of the globalized market. The literature review and the examples from some other countries support these conservative standing of our managers and offer practical explanations why the approach towards the globalization is conservative and often even negative. Small business is important provider of new jobs, ideas and business concepts. However, with the opening of the global market it is a constant pursue for customers all around the world, having to meet their diverse and rapidly changing needs and facing extremely shortened delivery terms and product lifecycles. Many small companies, particularly from the developing countries are not adequately prepared to face the reality of this challenge. On the other hand, the big multinational companies receive more than hefty incentives to invest into the developing countries and that creates additional negative sentiments towards the globalization among the local companies.

Globalism and Corporate Identity in the Post-crisis Economy

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Diana Andreia HRISTACHE

2012-02-01

Full Text Available The globalism of the post-crisis economy accentuates more and more the present risk and uncertainty condition. The normal corporate reactions in this situation can only arise starting from an “exploration” and understanding of the turbulence and chaos that manifest themselves increasingly clearly nowadays. The shift of the business environment towards what we could designate by the syntagm “the new normality” cannot marginalize the “communicational paradigm”. The latter is called to support the corporate identity and to assure the necessary framework for the construction of certain business scenarios and strategies meant to make the most of the capabilities of the modern organization.

Digital Economy for Sustainable Economic Growth

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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

Poverty, Obesity, Diabetes: Are They the By-Products of Liberalization of Global Economy?

OpenAIRE

Rehman, Sharaf N.

2016-01-01

The paper briefly describes the causes of a global rise in obesity and diabetes. In so doing, it establishes links between (1) poverty and obesity, and (2) obesity and diabetes. The paper also presents data from a survey (N=147) conducted in a depressed economy in Texas where cases of obesity and diabetes are among the highest in the US. The paper argues for a paradigm shift in viewing the role of policymakers in regards to food and pharmaceutical industries, both locally and globally.

Patent challenges for standard-setting in the global economy : lessons from information and communication industry

NARCIS (Netherlands)

Maskus, K.; Merrill, S.A.; Bekkers, R.N.A.; Sandy Block, Marc; Contreras, Jorge; Gilbert, Richard; Goodman, David; Marasco, Amy; Simcoe, Tim; Smoot, Oliver; Suttmeier, Richard; Updegrove, Andrew

2014-01-01

Patent Challenges for Standard-Setting in the Global Economy: Lessons from Information and Communication Technology examines how leading national and multinational standard-setting organizations (SSOs) address patent disclosures, licensing terms, transfers of patent ownership, and other issues that

'BRICS without straw'? A systematic literature review of newly emerging economies' influence in global health.

Science.gov (United States)

Harmer, Andrew; Xiao, Yina; Missoni, Eduardo; Tediosi, Fabrizio

2013-04-15

Since 2010, five newly emerging economies collectively known as 'BRICS' (Brazil, India, Russia, China and South Africa) have caught the imagination, and scholarly attention, of political scientists, economists and development specialists. The prospect of a unified geopolitical bloc, consciously seeking to re-frame international (and global) health development with a new set of ideas and values, has also, if belatedly, begun to attract the attention of the global health community. But what influence, if any, do the BRICS wield in global health, and, if they do wield influence, how has that influence been conceptualized and recorded in the literature? We conducted a systematic literature review in (March-December 2012) of documents retrieved from the databases EMBASE, PubMed/Medline, Global Health, and Google Scholar, and the websites of relevant international organisations, research institutions and philanthropic organisations. The results were synthesised using a framework of influence developed for the review from the political science literature. Our initial search of databases and websites yielded 887 documents. Exclusion criteria narrowed the number of documents to 71 journal articles and 23 reports. Two researchers using an agreed set of inclusion criteria independently screened the 94 documents, leaving just 7 documents. We found just one document that provided sustained analysis of the BRICS' collective influence; the overwhelming tendency was to describe individual BRICS countries influence. Although influence was predominantly framed by BRICS countries' material capability, there were examples of institutional and ideational influence - particularly from Brazil. Individual BRICS countries were primarily 'opportunity seekers' and region mobilisers but with potential to become 'issue leaders' and region organisers. Though small in number, the written output on BRICS influence in global health has increased significantly since a similar review conducted in

New Economy And Global Challenge: Winning Model Of Successful Small Business Organizations

OpenAIRE

Mirjana Radovic Markovic

2007-01-01

The old principles no longer work in the age of Globalization. Businesses have reached the old model's limits with respect to complexity and speed. The real problem is a ruinously dysfunctional mismatch between today's business environment and the classic business model. Namely, the wrong model may transform a company into the vehicle of its own death. Great shifts - genuine and radical transformation- have been shaping the economy and business environment in recent decades. Technology, espec...

Creativity, Innovation and Arts Learning: Preparing All Students for Success in a Global Economy

Science.gov (United States)

Ruppert, Sandra S.

2010-01-01

The United States is competing in a dynamic global economy in which two assets--a skilled, versatile and highly adaptable workforce and the capacity for creativity, innovation and entrepreneurship--provide a decisive edge. To succeed in today's economic climate, the U.S. needs a well-educated, technically proficient workforce in all sectors and…

Inverting the moral economy

DEFF Research Database (Denmark)

Olwig, Mette Fog; Noe, Christine; Kangalawe, Richard

2017-01-01

Governments, donors and investors often promote land acquisitions for forest plantations as global climate change mitigation via carbon sequestration. Investors’ forestry thereby becomes part of a global moral economy imaginary. Using examples from Tanzania we critically examine the global moral...... economy’s narrative foundation, which presents trees as axiomatically ‘green’, ‘idle’ land as waste and economic investments as benefiting the relevant communities. In this way the traditional supposition of the moral economy as invoked by the economic underclass to maintain the basis of their subsistence...

Inverting the moral economy

DEFF Research Database (Denmark)

Olwig, Mette Fog; Noe, Christine; Kangalawe, Richard

2015-01-01

Governments, donors and investors often promote land acquisitions for forest plantations as global climate change mitigation via carbon sequestration. Investors’ forestry thereby becomes part of a global moral economy imaginary. Using examples from Tanzania we critically examine the global moral...... economy’s narrative foundation, which presents trees as axiomatically ‘green’, ‘idle’ land as waste and economic investments as benefiting the relevant communities. In this way the traditional supposition of the moral economy as invoked by the economic underclass to maintain the basis of their subsistence...

Animal Spirits: How Human Psychology Drives the Economy, and Why it Matters for Global Capitalism

Energy Technology Data Exchange (ETDEWEB)

Shiller, Robert J. (Yale)

2010-03-02

In his lecture, Shiller will discuss the premise of his 2009 book, coauthored with the Nobel Prize-winning economist George A. Akerlof. Winner of the getAbstract International Book Award and the 2009 TIAA-CREF Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security, the book, which has the same title as Shiller's lecture, discusses how "animal spirits," or human emotions such as confidence, fear, and a concern for fairness, drive financial events, including today's global financial crisis. John Maynard Keynes coined the phrase "animal spirits" to describe the changing psychology that led to the Great Depression and the recovery from it. Like Keynes, Shiller and Akerlof believe that government intervention is necessary to overcome the adverse effects on the economy brought about by unruly and irrational human emotions. In his talk, Shiller will explain how "animal spirits" lead to adverse economic effects, and he will outline his insights on how the global economy can recover from its recent setbacks.

Building a global business continuity programme.

Science.gov (United States)

Lazcano, Michael

2014-01-01

Business continuity programmes provide an important function within organisations, especially when aligned with and supportive of the organisation's goals, objectives and organisational culture. Continuity programmes for large, complex international organisations, unlike those for compact national companies, are more difficult to design, build, implement and maintain. Programmes for international organisations require attention to structural design, support across organisational leadership and hierarchy, seamless integration with the organisation's culture, measured success and demonstrated value. This paper details practical, but sometimes overlooked considerations for building successful global business continuity programmes.

Globalization and Summit Reform

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

Also at the Centre for Global Studies, the continuing support and reporting skill of .... The financial crises of the late 1990s convinced the G-7 Finance Ministers that key ...... for the functioning of the world economy and its principal institutions.3.

THE GLOBALIZATION OF THE WORLD ECONOMY AND ITS IMPACT ON THE DEVELOPMENT OF ACCOUNTING REPORTS IN UKRAINE

Directory of Open Access Journals (Sweden)

Mihail PRODANCIUK

2013-12-01

Full Text Available The article explains the impact of the globalization processes in Ukraine's economy on the development of accounting reports systems. Also described is the essence of harmonization and standardization of accounting reports and financial reports. There are four scientific positions known that characterize standardization records worldwide. There are submitted proposals regarding accounting reports regulation in Ukraine in terms of economic globalization.

POWER-SHIFTS IN THE GLOBAL ECONOMY. TRANSITION TOWARDS A MULTIPOLAR WORLD ORDER

Directory of Open Access Journals (Sweden)

Ion IGNAT

2013-12-01

Full Text Available The paper aims to analyze the new realities and trends related to the new polarity of the global economy, and thus the reconfiguration of global power centers, a process characterized by two simultaneous trends: the rise of new powers and the relative decline of traditional powers. At the beginning of 21st century, global power is suffering two major changes: on the one hand it manifests a transition from West to East, from Atlantic to the Asia-Pacific, and on the other hand, a diffusion from state to non-state actors. Current global economic power has a multipolar distribution, shared between the United States, European Union, Japan and BRICs, with no balance of power between these poles, opposed by the strong ambition of rising countries, China especially, China that rivals the traditional powers represented by the developed countries. The evolution of the main macroeconomic indicators given by the most important global organizations, shows a gradual transition towards a multipolar world. Therefore, the United States is and will remain for a long period of time the global economic leader. However, as China, India and Brazil are growing rapidly, and Russia is looking for lost status, the world is becoming multipolar.

Scale and Scope Economies in the Global Advertising and Marketing Services Business

OpenAIRE

Alvin J. Silk; Ernst R. Berndt

2003-01-01

We assess size and scope-related economies in the global advertising and marketing services business. A translog cost function is employed wherein a firm's costs vary according to its scale and two dimensions of the scope of its operations. Parameters of the model are estimated via three stage least squares using annual data for 1989-2001 for an unbalanced panel consisting of the eight largest firms in this industry. A firm's total variable costs are affected by its scale, scope (mix of servi...

The Role of Organizational Leadership to Enhance Top 10 CSR Issues and Trends in The Global Economy

Directory of Open Access Journals (Sweden)

Dewi Rachmayanti

2014-08-01

Full Text Available Research on leadership and its relationship with organizational performance have been carried out and not considered Corporate Social Responsibility (CSR performance, especially in the field of community development (Comdev and even done partially. This study aims to investigate the role of organizational leadership to enhance Top 10 CSR issues and trends in the global economy which defines roles and leadership competencies. Thirteen experts were involved in the Forum of Multi Stakeholder Corporate Social Responsibility (MSHCSR through Focus Group Discussion (FGD. Data by cluster random sampling were statistically analyzed with Assumption Surfacing and Testing Strategy (SAST. The results showed from FGD experts stating if eight roles and eight competencies of the organization’s leadership is very important and influential to enhance Top 10 CSR issues and trends in the global economy.

The global economic integration has no prospects without global currency

OpenAIRE

Sajnoski, Krste; Paceskoski, Vlatko; Davcev, Ljupco

2013-01-01

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

Understanding health systems, health economies and globalization: the need for social science perspectives.

Science.gov (United States)

Murray, Susan F; Bisht, Ramila; Baru, Rama; Pitchforth, Emma

2012-08-31

The complex relationship between globalization and health calls for research from many disciplinary and methodological perspectives. This editorial gives an overview of the content trajectory of the interdisciplinary journal 'Globalization and Health' over the first six years of production, 2005 to 2010. The findings show that bio-medical and population health perspectives have been dominant but that social science perspectives have become more evident in recent years. The types of paper published have also changed, with a growing proportion of empirical studies. A special issue on 'Health systems, health economies and globalization: social science perspectives' is introduced, a collection of contributions written from the vantage points of economics, political science, psychology, sociology, business studies, social policy and research policy. The papers concern a range of issues pertaining to the globalization of healthcare markets and governance and regulation issues. They highlight the important contribution that can be made by the social sciences to this field, and also the practical and methodological challenges implicit in the study of globalization and health.

Understanding health systems, health economies and globalization: the need for social science perspectives

Directory of Open Access Journals (Sweden)

Murray Susan F

2012-08-01

Full Text Available Abstract The complex relationship between globalization and health calls for research from many disciplinary and methodological perspectives. This editorial gives an overview of the content trajectory of the interdisciplinary journal ‘Globalization and Health’ over the first six years of production, 2005 to 2010. The findings show that bio-medical and population health perspectives have been dominant but that social science perspectives have become more evident in recent years. The types of paper published have also changed, with a growing proportion of empirical studies. A special issue on ‘Health systems, health economies and globalization: social science perspectives’ is introduced, a collection of contributions written from the vantage points of economics, political science, psychology, sociology, business studies, social policy and research policy. The papers concern a range of issues pertaining to the globalization of healthcare markets and governance and regulation issues. They highlight the important contribution that can be made by the social sciences to this field, and also the practical and methodological challenges implicit in the study of globalization and health.

Law, Contestation, and Power in the Global Political Economy: An Introduction.

Directory of Open Access Journals (Sweden)

Edward S. Cohen

2013-10-01

Full Text Available The papers included in this collection are part of concerted project to develop a political economy of law in the contemporary global system. Over the past two decades, scholars have noted the expanding role of law, legal institutions, and legal agents that have been part of the process of “globalization,” and have employed a number of frameworks to make sense of this process of legalization. A central theme of our project is that none of these frameworks has provided an adequate political economic analysis of the creation, diffusion, and use of law, and we present an alternative approach to advance the understanding of the turn to law across the many dimensions and sectors of the global system. The papers advance the analysis behind this approach and explore the various ways in which law matters in a variety of areas, including global finance, corporate governance, copyright, diplomacy, and the provision of security. Their goal is to advance our understanding of how law intersects with the mobilization of power in the construction of the contemporary political economy. Los trabajos incluidos en esta colección son parte de un proyecto conjunto para desarrollar una economía política de la ley en el sistema mundial contemporáneo. En las últimas dos décadas, los expertos han señalado el creciente papel de la ley, las instituciones legales, y los agentes judiciales que han sido parte del proceso de "globalización", y han empleado una serie de marcos para dar sentido a este proceso de legalización. Un tema central de nuestro proyecto es que ninguno de estos marcos ha proporcionado un adecuado análisis económico político de la creación, difusión y uso de la ley, y se presenta un enfoque alternativo para avanzar en la comprensión de la vuelta a la ley a través de las muchas dimensiones y sectores del sistema global. Los trabajos avanzan el análisis de este enfoque y exploran las diversas formas en que la ley importa en una variedad

IN SEARCH OF THE GLOBAL ECONOMIC SUPREMACY: CHINA VERSUS USA

Directory of Open Access Journals (Sweden)

SORIN-GEORGE TOMA

2017-11-01

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

ICT and Business in the New Economy: Globalization and Attitudes Towards eCommerce

OpenAIRE

John Sagi; Elias Carayannis; Subhashish Dasgupta; Gary Thomas

2004-01-01

Many authors argue that information and communications technology (ICT) in this New Economy is causing a globalized, unified society. Others take the opposite stand, viewing local factors such as national culture as very important to the success of information technology (IT). Research indicates that related factors such as gender may also play important roles in the use and acceptance of IT. This paper uniquely examines these perspectives by using electronic commerce as the common technology...

The resilience of the Indian economy to rising oil prices as a validation test for a global energy-environment-economy CGE model

International Nuclear Information System (INIS)

Guivarch, C.; Hallegatte, St.; Crassous, R.

2008-09-01

This paper proposes to test the global hybrid computable general equilibrium model IMACLIM-R against macro-economic data. To do so, it compares the modeled and observed responses of the Indian economy to the rise of oil price during the 2003-2006 period. The objective is twofold: first, to disentangle the various mechanisms and policies at play in India's economy response to rising oil prices and, second, to validate our model as a tool capable of reproducing short-run statistical data. With default parametrization, the model predicts a significant decrease in the Indian growth rate that is not observed. However, this discrepancy is corrected if three additional mechanisms identified by the International Monetary Fund are introduced, namely the rise in exports of refined oil products, the imbalance of the trade balance allowed by large capital inflows, and the incomplete pass-through of the oil price increase to Indian customers. This work is a first step toward model validation, and provides interesting insights on the modeling methodology relevant to represent an economy's response to a shock, as well as on how short-term mechanisms - and policy action - can smooth the negative impacts of energy price shocks or climate policies. (authors)

The resilience of the Indian economy to rising oil prices as a validation test for a global energy-environment-economy CGE model

International Nuclear Information System (INIS)

Guivarch, Celine; Hallegatte, Stephane; Crassous, Renaud

2009-01-01

This paper proposes to test the global hybrid computable general equilibrium model IMACLIM-R against macroeconomic data. To do so, it compares the modeled and observed responses of the Indian economy to the rise of oil price during the 2003-2006 period. The objective is twofold: first, to disentangle the various mechanisms and policies at play in India's economy response to rising oil prices and, second, to validate our model as a tool capable of reproducing short-run statistical data. With default parameterization, the model predicts a significant decrease in the Indian growth rate that is not observed. However, this discrepancy is corrected if three additional mechanisms identified by the International Monetary Fund are introduced, namely the rise in exports of refined oil products, the imbalance of the trade balance allowed by large capital inflows, and the incomplete pass-through of the oil price increase to Indian customers. This work is a first step toward model validation, and provides interesting insights on the modeling methodology relevant to represent an economy's response to a shock, as well as on how short-term mechanisms - and policy action - can smooth the negative impacts of energy price shocks or climate policies. (author)

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...

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...

A Crude Reality; Exploring the Interdependencies of Energy (Oil), the Macro-Economy, and National Security

Science.gov (United States)

2012-04-11

Policy (SWEEP) optimizing our own natural resources in the near term (oil, natural gas, coal, nuclear, wind, solar, hydro, geothermal and synthetics... geothermal and synthetics), and displaces the oil based economy with a long term energy transformation plan based on renewable energy, is vital to...climb and supply begins to diminish. Global energy demands will continue to rise as the developing economies of countries like Brazil, Russia, China

World Economy and World Seaborne Trade in the 2005-2013 Period

Directory of Open Access Journals (Sweden)

Romeo Bosneagu

2014-05-01

Full Text Available In the period 1990-2013 the world economy has evolved increasing and decreasing with good and weak years, with mini crisis, and with a recent strong crisis, which apparently has not yet passed. World seaborne trade, inextricably linked to the global economy followed the upward and the downward trend of the global economy, but with much higher amplitudes. Comparative analysis of the evolution of the global economy and world seaborne trade during the period 2005-2013 shows a decrease in world seaborne trade in tandem with the global economy.

Identifying strategies for mitigating the global warming impact of the EU-25 economy using a multi-objective input–output approach

International Nuclear Information System (INIS)

Cortés-Borda, D.; Ruiz-Hernández, A.; Guillén-Gosálbez, G.; Llop, M.; Guimerà, R.; Sales-Pardo, M.

2015-01-01

Global warming mitigation has recently become a priority worldwide. A large body of literature dealing with energy related problems has focused on reducing greenhouse gases emissions at an engineering scale. In contrast, the minimization of climate change at a wider macroeconomic level has so far received much less attention. We investigate here how to mitigate global warming by performing changes in an economy. To this end, we make use of a systematic tool that combines three methods: linear programming, environmentally extended input output models, and life cycle assessment principles. The problem of identifying key economic sectors that contribute significantly to global warming is posed in mathematical terms as a bi-criteria linear program that seeks to optimize simultaneously the total economic output and the total life cycle CO 2 emissions. We have applied this approach to the European Union economy, finding that significant reductions in global warming potential can be attained by regulating specific economic sectors. Our tool is intended to aid policy makers in the design of more effective public policies for achieving the environmental and economic targets sought. - Highlights: • We minimize climate change by performing small changes in the consumption habits. • We propose a tool that combines multiobjective optimization and macroeconomic models. • Identifying key sectors allows improving the environmental performance significantly with little impact to the economy. • Significant reductions in global warming potential are attained by regulating sectors. • Our tool aids policy makers in the design of effective sustainability policies

Global Market, Colonial Economies and Trade Corporations: The consulates at Guadalajara and Buenos Aires

Directory of Open Access Journals (Sweden)

Antonio Ibarra

2013-04-01

Full Text Available This paper seeks to examine the global organization of two Spanish American colonial spaces during the era of free trade: the Hispanic North and Rio de la Plata. By studying the consular records on foreign trade, included in the derecho de avería records, I analyse how their economies were integrated into the circulation of silver, slaves, and imports. Moreover, I explain the institutional development of their trade communities, favored by the body of consulates in the cities of Guadalajara and Buenos Aires, viewed as institutional instruments of corporate negotiation, market administration, and interest organization against a backdrop of trade globalization.

Assessment of impact of strong earthquakes to the global economy by example of Thoku event

Science.gov (United States)

Tatiana, Skufina; Peter, Skuf'in; Sergey, Baranov; Vera, Samarina; Taisiya, Shatalova

2016-04-01

We examine the economic consequences of strong earthquakes by example of M9 Tahoku one that occurred on March 11, 2011 close to the northeast shore of Japanese coast Honshu. This earthquake became the strongest in the whole history of the seismological observations in this part of the planet. The generated tsunami killed more than 15,700 people, damaged 332,395 buildings and 2,126 roads. The total economic loss in Japan was estimated at 309 billion. The catastrophe in Japan also impacted global economy. To estimate its impact, we used regional and global stock indexes, production indexes, stock prices of the main Japanese, European and US companies, import and export dynamics, as well as the data provided by the custom of Japan. We also demonstrated that the catastrophe substantially affected the markets and on the short run in some indicators it even exceeded the effect of the global financial crisis of 2008. The last strong earthquake occurred in Nepal (25.04.2015, M7.8) and Chile (16.09.2015, M8.3), both actualized the research of cost assessments of the overall economic impact of seismic hazard. We concluded that it is necessary to treat strong earthquakes as one very important factor that affects the world economy depending on their location. The research was supported by Russian Foundation for Basic Research (Project 16-06-00056A).

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.

Clean Economy, Living Planet. The Race to the Top of Global Clean Energy Technology Manufacturing

Energy Technology Data Exchange (ETDEWEB)

Van der Slot, A.; Van den Berg, W. [Roland Berger Strategy Consultants RBSC, Amsterdam (Netherlands)

2012-05-15

For four years, WWF and Roland Berger have tracked developments in the global clean energy technology (cleantech) sector and ranked countries according to their cleantech sales. The 3rd annual 'Clean Economy, Living Planet' report ranks 40 countries based on the 2011 sales value of the clean energy technology products they manufacture. The report shows that the EU has lost its position to China as the leader in the fast growing global cleantech energy manufacturing sector. However, when cleantech sales are weighted as a percentage of GDP, Denmark and Germany occupied the first and third position globally. Last year the sector's global sales value rose by 10% to almost 200 billion euros, close to the scale of consumer electronics manufacturing. It is projected to overtake oil and gas equipment in the next three years.

Contagion effects of the global financial crisis in us and European real economy sectors

Directory of Open Access Journals (Sweden)

Kenourgios Dimitris

2014-01-01

Full Text Available This paper empirically investigates the contagion effects of the Global Financial Crisis (2007-2009 from the financial sector to the real economy by examining nine sectors of US and developed European region. We provide a regional analysis by testing stock market contagion on the aggregate level and the sector level, on the global level and the domestic/regional level. Results show evidence of global contagion in US and developed European aggregate stock market indices and all US sector indices, implying the limited benefits of portfolio diversification. On the other hand, most of the European regional sectors seem to be immune to the adverse effects of the crisis. Finally, all non-financial sectors of both geographical areas seem to be unaffected by their domestic financial systems. These findings have important implications for policy makers, investors and international organizations.

Globalization of the economy and women's work in a sustainable society.

Science.gov (United States)

Mies, M

1998-01-01

This article critiques theories of development and growth models, which are not compatible with conservation of resources, women's empowerment, and a sustainable society. Affluent societies are using up most of the world's resources in unsustainable ways. Industrial giants have co-opted the term "sustainability." This gender discussion addresses the issue of patriarchal and capitalist systems and presents a new theoretical framework. The author disagrees with the global division of labor, where women are manipulated as producer-housewives and consumer-housewives, and with the global level of violence against women, in general. Gender equality is not viable in the present patriarchal order. In all economic theories, women's work is a free resource and invisible as unpaid housework and nurturing work. The globalization of the economy leads to greater capital and power concentration in the hands of a few. Women are ill served by structural adjustment policies. New global restructuring has improved the welfare of Third World elites. Globalization of capital and new technology makes ethics obsolete. A new economic model must be based on the preservation of life at the center, with livelihood based on wage labor and unpaid work, control of communal assets, and solidarity of communities. Unpaid necessary social labor must be shared by men and women equally. The checklist for change includes, for example, that money would be a means of circulation, not of accumulation. Nature would be reintegrated into economics. There must be new meanings for work, productive labor, economics, the good life, satisfaction of needs, and political structures.

Waste Picker Organizations and Their Contribution to the Circular Economy: Two Case Studies from a Global South Perspective

Directory of Open Access Journals (Sweden)

Jutta Gutberlet

2017-09-01

Full Text Available The discussion on the circular economy (CE has attracted a rising interest within global policy and business as a way of increasing the sustainability of production and consumption. Yet the literature mostly portrays a Global North perspective. There is a diverse spectrum of community-based organizations playing important roles in resource recovery and transformation, particularly, but not only, in Global South countries, providing innovative examples for grassroots involvement in waste management and in the CE. This article proposes to add a Southern lens, situated in the context of waste picker organizations, to the concept of CE. The discursive framework in this article couples ecological economy (EE with social/solidarity economy (SSE, focusing not only on environmental sustainability but also on social, economic, political and cultural dimensions involved in production, consumption and discard. We acknowledge that grassroots movements contribute to policy making and improve urban waste management systems. The paper outlines two empirical studies (Argentina, Brazil that illustrate how waste picker organizations perform selective waste collection services, engage with municipalities and industries, and practice the CE. The research reveals that social and political facets need to be added to the debate about the CE, linking environmental management and policy with community development and recognizing waste pickers as protagonists in the CE. Our findings emphasize a need for a change of persisting inequalities in public policy by recognizing the importance of popular waste management praxis and knowledge, ultimately redefining the CE.

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...

Reaping Environmental Benefits of a Global Hydrogen Economy: How Large, Fow Soon, and at What Risks?

Science.gov (United States)

Dubey, M. K.; Horowitz, L. W.; Rahn, T. A.; Kinnison, D. E.

2004-12-01

The Western world has taken an aggressive posture to transition to a global hydrogen economy. While numerous technical challenges need to be addressed to achieve this it is timely to examine the environmental benefits and risks of this transition. Hydrogen provides an efficient energy carrier that promises to enhance urban and regional air quality that will benefit human health. It could also reduce risks of climate change if large-scale hydrogen production by renewable or nuclear energy sources becomes viable. While it is well known that the byproduct of energy produced from hydrogen is water vapor, it is not well known that the storage and transfer of hydrogen is inevitably accompanied by measurable leakage of hydrogen. Unintended consequences of hydrogen leakage include reduction in global oxidative capacity, changes in tropospheric ozone, and increase in stratospheric water that would exacerbate halogen induced ozone losses as well as impact the earth's radiation budget and climate. We construct plausible global hydrogen energy use and leak scenarios and assess their impacts using global 3-D simulations by the Model for Ozone And Related Trace species (MOZART). The hydrogen fluxes and photochemistry in our model successfully reproduce the contemporary hydrogen cycle as observed by a network of remote global stations. Our intent is to determine environmentally tolerable leak rates and also facilitate a gradual phasing in of a hydrogen economy over the next several decades as the elimination of the use of halocarbons gradually reduces halogen induced stratospheric ozone loss rates. We stress that the leak rates in global hydrogen infrastructure and the future evolution of microbial soil sink of hydrogen that determines its current lifetime (about 2 years) are principal sources of uncertainty in our assessment.

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.

Knowledge Management – the Key Resource in the Knowledge Economy

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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.

Labor Market Efficiency as One of the Pillars of the Global Competitiveness of an Economy - Conclusions for the Labor Market Regimes of the EU Countries

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Izabela Ostoj

2015-04-01

Full Text Available Labor market activity may have an effect on global economy competitiveness. This issue has been described as "labor market efficiency" (LME, which is a constituent of The Global Competitiveness Index published by The World Economic Forum (WEF. The article's purpose is to clarify the phenomenon of LME and explain the mechanisms which help the constituents affect economy competitiveness. The structure of LME points at the meaning of labor market regime, especially after considering the fact that European Union countries operate within various models of regime. The analysis of the LME diversity may help determine what type of labor market regimes are most efficient in enhancing economy competitiveness

Global perspective on continuing professional development

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Lawrence T. Sherman

2018-05-01

Full Text Available Healthcare professionals worldwide participate in continuing professional development (CPD to remain competent in practice, and to ensure they provide high-quality care to patients. Globally, CPD systems have evolved at different rates resulting in significant variation in structure, requirements, and oversight. In some countries, CPD has moved from single profession educational designs and formal didactic methods of delivery to educational models that are innovative, dynamic, and learnercentric. In other countries, CPD is a neglected part of the healthcare education continuum. This article provides a global perspective on the evolution of CPD over the past 20 years, and identifies opportunities for the future.

Globalization – Chances or Risks

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MĂDĂLINA ANTOANETA RĂDOI

2015-05-01

Full Text Available There are for and against arguments as regards the process of globalization. But what is globalization: a concept, a reality or a state as such? We can consider that globalization reflects the natural continuity of a process that appeared a long time ago and that has evolved ever since or a new phenomenon that was generated by the speed with which new technology and information flow. Milton Friedman, a fervent supporter of globalization, gives an answer to the question “what is globalization”; according to him, “globalization is not a simple tendency or phantasy but rather an international system. It is the new system that has replaced the Cold War system and that, like the former one, has its own laws and logic, being able to directly or indirectly influence today’s politics, the environment, geopolitics and the economy of every country in the world.” (Friedman, 2000. Globalization represents: the unlimited ascend of technology, the free flow of information, the annihilation of territorial limits, the uniformity of economy, the free flow of capital, the mobility of the person, as well as a political form of organization that aims at a future global government.

Toward global planning of sustainable use of the earth. Development of global eco-engineering

Energy Technology Data Exchange (ETDEWEB)

Murai, S [ed.; School of Advanced Technologies, Asian Institute of Technology, Bangkok (Thailand)

1995-07-01

Better understanding of global environmental systems and the magnitude of human impacts is the most fundamental research task for developing an ecologically sound basis for the continuous human habitation and sustainable development of the earth`s limited resources. Although many research projects are already underway to begin addressing these issues, using global data mainly obtained from remote sensing technologies, our knowledge is far from sufficient. This volume is intended to promote further research towards the development of global eco-engineering which is seeking continuous human habitation and improvement of human welfare, based on the sustainable utilization of global environmental resources and preservation of global eco-systems. In the 42 papers in this volume a variety of disciplines is covered, including remote sensing, geography, meteorology, biology, biochemistry, ecology, marines science, hydrology, agriculture, environmental engineering, urban planning, social science, economy, ethics and philosophy. 160 figs., 66 tabs., 760 refs.

Discussion and Conclusion: A Global Perspective on the World Economy.

Science.gov (United States)

Hague, Douglas

1983-01-01

Important changes are taking place in the world economy which are not adequately dealt with by either Keynesian or monetarist theories. Too much emphasis placed on what is happening in the American and western European economies can blind us to important developments in such nonwestern economies as the OPEC nations. (IS)

Heroes of the knowledge economy

DEFF Research Database (Denmark)

Ørberg, Jakob Williams

they themselves envisage their futures. The thesis looks behind the mirror cabinet of policy making and aims to better grasp the work and personal investments of Indian youth in creating the imaginaries we rely on globally, when we envision the global knowledge economy. The thesis is as such an account......The Indian engineering student has both nationally and globally come to symbolize the advent of a global knowledge economy. Indian engineering students are depicted in policy documents and popular media as important protagonists that will take India into the this promising future. This thesis...... is a study of these Indian ‘heroes’. It is based on ethnographic fieldwork in an iconic site for their production, the top Indian engineering university, the Indian Institute of Technology Delhi, and it aims to understand how students engage in the creation of both their own and national – even global...

Long-run evolution of the global economy: 2. Hindcasts of innovation and growth

Science.gov (United States)

Garrett, T. J.

2015-03-01

Long-range climate forecasts rely upon integrated assessment models that link the global economy to greenhouse gas emissions. This paper evaluates an alternative economic framework, outlined in Part 1, that is based on physical principles rather than explicitly resolved societal dynamics. Relative to a reference model of persistence in trends, model hindcasts that are initialized with data from 1950 to 1960 reproduce trends in global economic production and energy consumption between 2000 and 2010 with a skill score greater than 90%. In part, such high skill appears to be because civilization has responded to an impulse of fossil fuel discovery in the mid-twentieth century. Forecasting the coming century will be more of a challenge because the effect of the impulse appears to have nearly run its course. Nonetheless, the model offers physically constrained futures for the coupled evolution of civilization and climate during the Anthropocene.

C. Walker-Said and J. D. Kelly (eds), Corporate Social Responsibility? Human Rights in the New Global Economy (Chicago, IL: The University of Chicago Press, 2015), 392 pp

DEFF Research Database (Denmark)

Whelan, Glen

2017-01-01

Book review of: Charlotte Walker-Said and John D. Kelly (eds), Corporate Social Responsibility? Human Rights in the New Global Economy (Chicago, IL: The University of Chicago Press, 2015), 392 pp.......Book review of: Charlotte Walker-Said and John D. Kelly (eds), Corporate Social Responsibility? Human Rights in the New Global Economy (Chicago, IL: The University of Chicago Press, 2015), 392 pp....

Human economy and natural economy

Directory of Open Access Journals (Sweden)

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.

FEATURES OF THE LOGISTICS MANAGEMENT OF PRODUCTION OF HIGH TECHNOLOGY PRODUCTS IN TURBULENCE CHANGING GLOBAL ECONOMY

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Oleg M. Tolmachev

2015-01-01

Full Text Available The subject / topic: The level of development of any country is currently determined by the proportion of high technologies in the GDP. Logistics – the basis for efficient management of modern knowledge-intensive production. Given the adverse conditions in the global economy, greatly enhanced the relevance of the study of logistical aspects in the management of high-tech products.Subject of research: The logistics management of production of high technology products in turbulence changing global economy. In this paper we apply scientific methods: the dialectic, comparisons and analogies, analysis and synthesis, deduction and induction, abstract , logical, historical and retrospective. The purpose of this article is to identify the characteristics and problems of logistics management of production of high technology products in the countries of the Customs Union and the Eastern Partnership. Also consider the role of clusters in the formation of innovation infrastructure in the countries of the Customs Union.Results: As part of the presentation was the author of the present article the urgency of application of CALS-technologies as a tool for organization and information support for the creation, production and operation of the product at the enterprises of the national economy.Conclusions / significance: Management of enterprises in the real sector of the economy in modern conditions should be based on synergies methodological principles of market and state regulation, with increased use of methods focused on the long term. By such methods, in particular, should include the methods of logistic management of production of high technology products. The importance of these technologies has increased steadily, and in modern conditions gets a new quality content that refl ects the phased development plan targeted action to ensure that the desired state of the enterprise as a socio-economic system. This in turn points to the need to ensure that new

Reframing aid in a world where the poor live in emerging economies

Directory of Open Access Journals (Sweden)

Gilles Carbonnier

2012-04-01

Full Text Available This special issue of International Development Policy analyses the major shifts affecting traditional development assistance, particularly with regard to global public policy and the emerging economies. In this introductory chapter, the authors examine the changing development landscape and the shifting geography of poverty to question the role of aid organisations in middle-income economies (MICs. They argue that continued donor engagement in these richer countries is warranted for two reasons. First, and in the best interest of lower-income countries (LICs, traditional donors and MICs must cooperate in the design and implementation of global policies to protect global public goods. Second, foreign aid agencies can assist MICs in reducing poverty at home. They must, however, tread lightly in this political endeavour that often implies supporting domestic drivers of change in pushing for tax reform and improved public service delivery. The authors focus in particular on the pivotal role of the emerging middle classes and civil society organisations in MICs. Finally, they introduce policy coherence for sustainable development as a shared framework for MICs and high-income countries (HICs to effectively address the poverty and global public goods agendas.

Reduction in global warming due to fuel economy improvements and emissions control of criteria pollutants: New US light-duty vehicles (1968--1991)

Energy Technology Data Exchange (ETDEWEB)

Pitstick, M.E.; Santini, D.J. [Argonne National Lab., IL (United States); Chauhan, H. [Delaware Univ., Newark, DE (United States). Dept. of Civil Engineering

1992-08-01

This paper explores the impact of US emission controls and fuel economy improvements on the global warming potential (GWP) of new light-duty vehicles. Fuel economy improvements have reduced the GWP of both passenger cars and light-duty trucks by lowering the per mile emissions of carbon dioxide (CO{sub 2}). Further GWP reductions have been achieved by emission standards for criteria pollutants: carbon monoxide (CO), hydrocarbons (HC), and nitrogen oxides (NO{sub x}). The GWP of a criteria pollutant was calculated by multiplying the emission rate by a relative global warming factor to obtain a CO{sub 2} equivalent emission rate. Both CO{sub 2} and criteria pollutant emission rates per vehicle have decreased substantially for new light-duty vehicles over the period from 1968 to 1991. Over that period, the GWP from CO{sub 2} was reduced by almost 50% in new vehicles by improving fuel economy. In that same time period, the GWP from criteria pollutants from new vehicles was reduced with emission controls by from 80% to 90% depending on the global warming time frame of interest. Consequently, total reductions in the GWP of new passenger cars and light-duty trucks have been on the order of 55 to 75 percent compared to precontrol (before 1968) new vehicles. However, the reduction in GWP caused by emission control of criteria pollutants has been larger than the reduction caused by improved fuel economy (i.e., reduced CO{sub 2}). The contribution of criteria pollutants to the GWP of precontrol new vehicles was substantial, but their contribution has been reduced significantly due to US emission controls. As a result, the contribution of criteria pollutants to global warming is now much less than the contribution of CO{sub 2} from fuel consumption.

Reduction in global warming due to fuel economy improvements and emissions control of criteria pollutants: New US light-duty vehicles (1968--1991)

Energy Technology Data Exchange (ETDEWEB)

Pitstick, M.E.; Santini, D.J. (Argonne National Lab., IL (United States)); Chauhan, H. (Delaware Univ., Newark, DE (United States). Dept. of Civil Engineering)

1992-01-01

This paper explores the impact of US emission controls and fuel economy improvements on the global warming potential (GWP) of new light-duty vehicles. Fuel economy improvements have reduced the GWP of both passenger cars and light-duty trucks by lowering the per mile emissions of carbon dioxide (CO{sub 2}). Further GWP reductions have been achieved by emission standards for criteria pollutants: carbon monoxide (CO), hydrocarbons (HC), and nitrogen oxides (NO{sub x}). The GWP of a criteria pollutant was calculated by multiplying the emission rate by a relative global warming factor to obtain a CO{sub 2} equivalent emission rate. Both CO{sub 2} and criteria pollutant emission rates per vehicle have decreased substantially for new light-duty vehicles over the period from 1968 to 1991. Over that period, the GWP from CO{sub 2} was reduced by almost 50% in new vehicles by improving fuel economy. In that same time period, the GWP from criteria pollutants from new vehicles was reduced with emission controls by from 80% to 90% depending on the global warming time frame of interest. Consequently, total reductions in the GWP of new passenger cars and light-duty trucks have been on the order of 55 to 75 percent compared to precontrol (before 1968) new vehicles. However, the reduction in GWP caused by emission control of criteria pollutants has been larger than the reduction caused by improved fuel economy (i.e., reduced CO{sub 2}). The contribution of criteria pollutants to the GWP of precontrol new vehicles was substantial, but their contribution has been reduced significantly due to US emission controls. As a result, the contribution of criteria pollutants to global warming is now much less than the contribution of CO{sub 2} from fuel consumption.

Reduction in global warming due to fuel economy improvements and emissions control of criteria pollutants: New US light-duty vehicles (1968--1991)

International Nuclear Information System (INIS)

Pitstick, M.E.; Santini, D.J.; Chauhan, H.

1992-01-01

This paper explores the impact of US emission controls and fuel economy improvements on the global warming potential (GWP) of new light-duty vehicles. Fuel economy improvements have reduced the GWP of both passenger cars and light-duty trucks by lowering the per mile emissions of carbon dioxide (CO 2 ). Further GWP reductions have been achieved by emission standards for criteria pollutants: carbon monoxide (CO), hydrocarbons (HC), and nitrogen oxides (NO x ). The GWP of a criteria pollutant was calculated by multiplying the emission rate by a relative global warming factor to obtain a CO 2 equivalent emission rate. Both CO 2 and criteria pollutant emission rates per vehicle have decreased substantially for new light-duty vehicles over the period from 1968 to 1991. Over that period, the GWP from CO 2 was reduced by almost 50% in new vehicles by improving fuel economy. In that same time period, the GWP from criteria pollutants from new vehicles was reduced with emission controls by from 80% to 90% depending on the global warming time frame of interest. Consequently, total reductions in the GWP of new passenger cars and light-duty trucks have been on the order of 55 to 75 percent compared to precontrol (before 1968) new vehicles. However, the reduction in GWP caused by emission control of criteria pollutants has been larger than the reduction caused by improved fuel economy (i.e., reduced CO 2 ). The contribution of criteria pollutants to the GWP of precontrol new vehicles was substantial, but their contribution has been reduced significantly due to US emission controls. As a result, the contribution of criteria pollutants to global warming is now much less than the contribution of CO 2 from fuel consumption

The Political Economy of Global Communication

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Robert W. McChesney

2015-03-01

Full Text Available Editorial note McChesney’s contribution was first published as an introductory chapter in the edited volume entitled Capitalism and the Information Age. In this volume, authors (also those basing their research in areas other than critical communication studies provided, amongst other things, a critique of the celebratory ideas about the revolutionary potentials of the Internet, the new information and, communication technologies, and of the information society, which supposedly brought about a complete discontinuity with the past. The volume presented an original and sorely needed critical insight into these debates, which often hailed new technologies and social changes. It is worth pointing out that this volume also features two chapters by Noam Chomsky and Edward Herman. In these they rethink the role of propaganda in society and their own “propaganda model”, which was aggressively (but often baselessly criticized. Herman’s chapter is dedicated in its entirety to providing a weighty answer to these critiques. McChesney’s contribution, on the other hand, gives an insight into the history of the approach of political economy of communication, embeds the approach in the context of global capitalism (when the full realization about its role in the world context only started to emerge, while also touching upon the key dilemmas of its time that remain relevant to this day (e.g., market liberalization and the corporate ownership of media industries, growth of monopolization, digitalization and the Internet. This is a timely contribution that also demonstrates McChesney’s activist approach and shows how difficult it is for social scientists to forecast what exactly the future will bring.

Your Institution in a Global Economy

Science.gov (United States)

Freund, William

2009-01-01

In this article, the author offers his reflections on the American economy and its "slow, gradual, and tedious" recovery. What the American people are experiencing now is not one of the ordinary recessions that have been experienced since World War II. What they have seen is a bursting of a bubble in the credit markets and in financial…

The View From Orthodoxy: Point/Counterpoint on Globalization and Human Rights.

Science.gov (United States)

Schuftan, Claudio

2018-04-01

The long-term trend of globalization masks a frank deterioration of the situation of the have-nots. Since 1970, polarization has grown faster than inequality, with alarming consequences for human rights and the economy overall. Globalization has continued to enrich the few at the expense of providing a decent livelihood and respecting the human rights of the many. Industrialized countries continue to be the rule makers-poor countries the rule takers. Rich countries go for growth, but an inequality-entrenching growth that brings about human rights violations and poverty. In many developing economies, income inequality and the violation of human rights have clearly increased over the past 3 decades. Discriminated losers have been fighting globalization before it had a name; they still are. Globalization has thus actually resulted in greater income inequality plus human rights violations and disrupted lives. Globalization may well be a finished project. We must remind our respective governments that they have the power to improve working people's lives so that they, once and for all, address the needs of those who lose out from technological change and globalization. Otherwise, our political problems will only deepen.

Human Trafficking: Fighting the Illicit Economy with the Legitimate Economy

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Louise Shelley

2015-02-01

Full Text Available 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 leadership initiatives; codes of conduct; supply chain management; and financial analysis. This paper will examine the latest in these strategies and approaches by businesses in the global war against human trafficking, in addition to a discussion of a new initiative engaging the private sector co-led by Dr. Louise Shelley and Christina Bain through the World Economic Forum’s Global Agenda Council Network.

An overview of energy consumption of the globalized world economy

International Nuclear Information System (INIS)

Chen, Z.M.; Chen, G.Q.

2011-01-01

For the globalized world economy with intensive international trade, an overview of energy consumption is presented by an embodied energy analysis to track both direct and indirect energy uses based on a systems input-output simulation. In 2004, the total amounts of energy embodied in household consumption, government consumption, and investment are 7749, 874, and 2009 Mtoe (million tons of oil equivalent), respectively. The United States is shown as the world's biggest embodied energy importer (683 Mtoe) and embodied energy surplus receiver (290 Mtoe), in contrast to China as the biggest exporter (662 Mtoe) and deficit receiver (274 Mtoe). Energy embodied in consumption per capita varies from 0.05 (Uganda) to 19.54 toe (Rest of North America). Based on a forecast for 2005-2035, China is to replace the United States as the world's leading embodied energy consumer in 2027, when its per capita energy consumption will be one quarter of that of the United States. - Highlights: → We present an overview of global energy profile in terms of embodied energy. → The US and China are top embodied energy consumers as well as traders in 2004. → Equality issue is studied by analyzing per capita embodied energy consumption. → The US remains to be the leading energy consumer until replaced by China in 2027.

Natural resources: adjusting and innovating - Hydro-Quebec in the global age

International Nuclear Information System (INIS)

Ouellet, D.

1995-01-01

Although it is believed that the information economy is replacing the mass economy, many companies continue to grow on economies based on natural resources. Recent aggressive growth by Hydro-Quebec in the highly competitive market for energy products was singled out as one of the success stories. Among other things, Hydro-Quebec was reported to focus attention on the globalization of electricity products, particularly in Asia, Europe and Africa. The corporation was said to cooperate with other utilities companies such as Ontario Hydro and Power Asia Assets Corporation to diversify its markets abroad. Hydro-Quebec is also marketing new products, developed in its laboratories and by subsidiaries, such as power system simulators and power system planning and management systems, on a global scale

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.

Emerging economies. Potentials, pledges and fair shares of greenhouse gas reduction

Energy Technology Data Exchange (ETDEWEB)

Fekete, Hanna; Hoehne, Niklas; Hagemann, Markus [Ecofys Germany GmbH, Koeln (Germany); Wehnert, Timon; Mersmann, Florian [Wuppertal Institute for Climate, Environment, Energy GmbH (Germany); Vieweg, Marion; Rocha, Marcia; Schaeffer, Michiel; Hare, William [Climate Analytics gGmbH, Berlin (Germany)

2013-04-15

Greenhouse gas emissions need to decrease substantially to limit global average temperature to a maximum of 2 C warming above the preindustrial level in 2100. Emerging economies are of increasing importance in this global effort. In this report we assess how ambitious emission reduction pledges of emerging economies are compared to business as usual emissions, the countries' mitigation potential and respective efforts based on different equity principles. We also compare the pledges and the identified mitigation potential of emerging economies to a global emissions pathway needed to limit global temperature increase to 2 C. Our assessment includes Brazil, China, India, Mexico, South Africa and South Korea. We find that emerging economies have a substantial impact on future global emission levels. This is due to high current levels and high projected growth rates. Also, in most of the countries a large emission reduction potential is available. Action needs to be taken soon to enable the full use of the potential until 2020 and most emerging economies will need significant support from developed countries to implement those.

Changes in Global Economy Influencing the Maritime Industry

Directory of Open Access Journals (Sweden)

Grama Izabella Gilda

2013-08-01

Full Text Available The world economic situation has brightened in 2010. However, multiple risks threaten to undermine the prospects of a sustained recovery and a stable world economy – including sovereign debt problems in many developed regions, and fiscal austerity. These risks are further magnified by the extraordinary shocks that have occurred in 2011, which have included natural disasters and political unrest, as well as rising and volatile energy and commodity prices. Given that for shipping, all stands and falls with worldwide macroeconomic conditions, the developments in world seaborne trade mirrored the performance of the wider economy. After contracting in 2009, international shipping experienced an upswing in demand in 2010, and recorded a positive turnaround in seaborne trade volumes especially in the dry bulk and container trade segments. However, the outlook remains fragile, as seaborne trade is subject to the same uncertainties and shocks that face the world economy. This paper highlights some developments that are currently affecting maritime transport and have the potential to deeply reshape the landscape of international shipping and seaborne trade.

Recent developments in intellectual property law in Australia with some reference to the global economy

OpenAIRE

Crennan, Susan

2010-01-01

This paper by Susan Crennan, Justice of the High Court of Australia, addresses developments in Australia in intellectual property law, with some reference to the global economy, and deals with two patent cases, two copyright cases and a designs case. The paper was original presented as a lecture at the Institute of Advanced Legal Studies and is published in Amicus Curiae - Journal of the Society for Advanced Legal Studies. The Journal is produced by the Society for Advanced Legal Studies at t...

Laboring Below the Line: The New Ethnography of Poverty, Low-Wage Work, and Survival in the Global Economy.

Science.gov (United States)

Munger, Frank, Ed.

This document contains 15 papers on poverty, low-wage work, and survival in the global economy, with emphasis on the following topics: identity and the meaning of work; making decisions about work, family, and welfare; and paths toward change. The following papers are included: "Identity as a Weapon in the Moral Politics of Work and…

Emerging Economies Research Dialogue | IDRC - International ...

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

This grant will allow the Indian Council for Research on International Economic Relations to bridge the gap by organizing two research dialogues in the form of international conferences for emerging economy professionals, academics and policymakers on issues of contemporary relevance to the global economy and polity.

It is desirable allocative function of the food market in a global economy?

International Nuclear Information System (INIS)

Leon Rodriguez, Nohra

2008-01-01

This article brings forth the free market influence on product patterns, agricultural output quantities and prices in the global economy? casting doubt over the allocative efficiency of markets and intending to outline some risks brought on by excessive reliance on free markets regarding consumer welfare, food security and negative impact on the environment and sustainable economic growth. As the main analytic element it is presented the preeminence of agricultural food multinational producers, as well as the scale of their influence in terms of product supply and commercialization, responding exclusively to profit maximization incentives without taking into account their role in terms of food nutrition patterns and production

Globalization and Its Impact on Education with Specific Reference to Education in South Africa

Science.gov (United States)

Moloi, K. C.; Gravett, S. J.; Petersen, N. F.

2009-01-01

As globalization of the world economy continues unabated, a parallel growth of globalization of knowledge is also taking place. This latter trend is little affected by the boundaries between developed and less developed countries and is having a particular impact on trends in education. This article looks at the impact of globalization within the…

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...

Global dissipativity of continuous-time recurrent neural networks with time delay

International Nuclear Information System (INIS)

Liao Xiaoxin; Wang Jun

2003-01-01

This paper addresses the global dissipativity of a general class of continuous-time recurrent neural networks. First, the concepts of global dissipation and global exponential dissipation are defined and elaborated. Next, the sets of global dissipativity and global exponentially dissipativity are characterized using the parameters of recurrent neural network models. In particular, it is shown that the Hopfield network and cellular neural networks with or without time delays are dissipative systems

Northern Togo and the world economy

NARCIS (Netherlands)

L.J. de Haan (Leo); H.A. Reitsma (Henk)

1992-01-01

textabstractHow global is the world economy? Does it also encompass the remote corners of the Third World where subsistence agriculture still predominates and where the first hard-surface roads have yet to be built? And if it does, when did these areas become incorporated into the world economy?

Book Review: Jandl, Thomas, Vietnam in the Global Economy – The Dy-namics of Integration, Decentralization and Contested Politics

Directory of Open Access Journals (Sweden)

Adam Fforde

2014-01-01

Full Text Available Book Review of the Monograph: Thomas Jandl (2013, Vietnam in the Global Economy – The Dynamics of Integration, Decentralization and Contested Politics. Plymouth: Lexington Books, ISBN 978-0-7391-7786-0, 312 pages

CONTRIBUTIONS OF “KNOWLEDGE” IN WORLD ECONOMY

Directory of Open Access Journals (Sweden)

Gabriela-Liliana CIOBAN

2016-09-01

Full Text Available The effect of knowledge globally is reflected in the growth / development of national economies and improvement of living standards of the population. Arguments underlying this statement are reflected in the values ​​held by certain indicators (Knowledge Economy Index, Gross Domestic Product, Index of Innovation, Knowledge Intensive Services etc. and their effects on national economies. Factors contributing to the development of these indicators are the "key" to success in each economy and also part of their basic foundation. The explanation so far obliges us to analyze current global economic situation and its prospects. As a first step we will try to answer the question "What is the generator factor of growth / prosperity in different countries?" and to identify its evolution over time. A second stage of the study will represent an analysis in the architecture centers of power due to the competitive advantage held by certain countries / companies in creating wealth. The study is based upon emergence and strengthening of competitiveness in the businesses and the national economy. Knowledge-intensive services’ presence in the world's economies is a vital source of economic growth.

A Continuously Updated, Global Land Classification Map, Phase I

Data.gov (United States)

National Aeronautics and Space Administration — We propose to demonstrate a fully automatic capability for generating a global, high resolution (30 m) land classification map, with continuous updates from...

Industrialization in Globalizing World and The Changing Role Of The State

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Berna Balcı İzgi

2008-12-01

Full Text Available World economies are an integral part of a whole system that are inseperable . It is not wise to think the future of these economies seperately. If we assume that developed countries are going in the same trajectories, the outcomes for developing countries should be considered in economic policies. The scope of this study is to argue the industrialization concept with the globalization and to define the limits of government in developed and developing countries. In globalizing world the limits of the governments are also discussed. However states continue their position in governance and economy. In order to achieve a sustained and powerfull industrialization countries need a weel arranged industrial policiy and state intervention. However the important thing is to define the limits and responsibilities of the government.

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.

The Political Economy of State Governance in Global Production Networks:Change, Crisis and Contestation in the South African Fruit Sector

OpenAIRE

Phillips, Nicola Jane; Alford, Matthew

2017-01-01

Within the global value chain (GVC) and global production network (GPN) literatures, one of the most vibrant areas of debate focuses on dynamics of governance. However, the evolution of these debates has been underpinned by a persistent firm-centrism, with insufficient attention paid to states, public authority and politics. Building on a renewed interest in these themes in the recent literature, we contribute to a growing demand for a more robust political economy of governance in GVC/GPN de...

Economy or chrematistics: Serbian case

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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

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

OpenAIRE

Michael Sturm; Jan Strasky; Petra Adolf; Dominik Peschel

2008-01-01

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

EFFECTS OF THE GLOBAL FINANCIAL CRISIS IN THE BANKING SYSTEM OF KOSOVO

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Myrvete Badivuku-Pantina

2012-09-01

Full Text Available Financial crises are phenomena that happened before and continue to happen even nowadays. There were many financial crises in the last century, starting with the Great Depression of 1929 and continuing with other financial crisis, and it was believed that people would learn from their previous experiences and would not allow the crisis to happen again. But the financial crisis of 2007, created the impression that no one wanted to learn for the real causes of their occurrence and consequences, often disastrous for countries and the globe, and as such allowed the crisis to be repeated. Effects of the 2007 financial crisis, which originally started in the USA’s mortgage market and which was quickly spread all over the world, even to this date it still continues to have effect on real economies of many states, e.g. Greece. The spread of the crisis was primarily due to globalization and commercial trades among countries. Because of the dependence of economies on one another it was created the domino effect and all the countries were affected from the crisis. As a result, the crisis seems to have revealed the disadvantages of globalization. Finances of the world were shocked and rapid fluctuations were reflected in the stock prices. Kosovo, as a new and small country in the Western Balkans is not much globalized and open which was beneficial in preventing it from being affected from the global financial crisis. Its economy has slightly felt the effect of the crisis because the banking system in Kosovo is not much open to the international financial markets as they operate mostly with their clients’ deposits. The purpose of this research is to assess the implications of the global financial crisis in the banking system of Kosovo, and also to identify the measures that the Central Bank and the Government should undertake in order to protect the economy from external implications.

Foreign direct investment in the financial sector of emerging market economies

OpenAIRE

Bank for International Settlements

2004-01-01

Executive summary Foreign participation in the financial sectors of emerging market economies (EMEs) increased rapidly during the 1990s. It has continued to expand so far in this decade, on balance – although its pace fell somewhat following problems in Argentina in 2002 and the global slowdown in mergers and acquisitions. While banks accounted for the majority of financial sector foreign direct investment (FSFDI), they were joined during this period by securities and investment firms. In a n...

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

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Paul S. Ciccantell

2015-08-01

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

The Dubai 2015 Global Islamic Economy Summit - and what it will take to become a heavyweight champion

OpenAIRE

Wilson, Jonathan

2015-01-01

I just attended the 2015 Global Islamic Economy Summit, in Dubai and it was a fantastic experience. The hospitality was first class and only surpassed by the energy, passion, sincerity and friendship selflessly handed out to everyone attending.\\ud \\ud However, two things that I think need addressing are the understanding, articulation, and execution of two key areas, which were weak in terms of intelligence and insight: Consumer Behaviour and Branding.

Translation, the Knowledge Economy, and Crossing Boundaries in Contemporary Education

Science.gov (United States)

Chen, Yun-Shiuan

2016-01-01

Significant developments in the global economy and information technology have been accompanied by a transformation in the nature and process of knowledge production and dissemination. Concepts such as the knowledge economy or creative economy have been formulated to accommodate the new and complex developments in knowledge, creativity, economy,…

Embodiment Analysis for Greenhouse Gas Emissions by Chinese Economy Based on Global Thermodynamic Potentials

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Lijie Wang

2011-11-01

Full Text Available This paper considers the Global Thermodynamic Potential (GTP indicator to perform a unified assessment of greenhouse gas (GHG emissions, and to systematically reveal the emission embodiment in the production, consumption, and international trade of the Chinese economy in 2007 as the most recent year available with input-output table and updated inventory data. The results show that the estimated total direct GHG emissions by the Chinese economy in 2007 amount to 10,657.5 Mt CO2-eq by the GTPs with 40.6% from CH4 emissions in magnitude of the same importance as CO2 emissions. The five sectors of Electric Power/Steam and Hot Water Production and Supply, Smelting and Pressing of Ferrous and Nonferrous Metals, Nonmetal Mineral Products, Agriculture, and Coal Mining and Dressing, are responsible for 83.3% of the total GHG emissions with different emission structures. The demands of coal and coal-electricity determine the structure of emission embodiment to an essential extent. The Construction sector holds the top GHG emissions embodied in both domestic production and domestic consumption. The GHG emission embodied in gross capital formation is more than those in other components of final demand characterized by extensive investment and limited household consumption. China is a net exporter of embodied GHG emissions, with a remarkable share of direct emission induced by international trade, such as textile products, industrial raw materials, and primary machinery and equipment products exports. The fractions of CH4 in the component of embodied GHG emissions in the final demand are much greater than those fractions calculated by the Global Warming Potentials, which highlight the importance of CH4 emissions for the case of China and indicate the essential effect of CH4 emissions on global climate change. To understand the full context to achieve GHG emission mitigation, this study provides a new insight to address China’s GHG emissions status and

The New and the Future Look of the Economy

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Liliana CRĂCIUN

2012-01-01

Full Text Available The global financial situation and our future economy remain vital concerns for us all. As a result, the government and the business community have to stimulate the economy and give it new dimensions. Virtually everyone agrees on the importance of the economy, but no consensus has or is expected to be reached soon as to the definition of the economy. Economy as a “discipline”' is a concept torn apart by current economic crisis, where fierce competition, greed and consumerism will neither solve the crisis in progress nor will they rehabilitate the economy. It is true that the current economic crisis and the times of slower economic growth that will inevitably follow are old system-related symptoms of the excesses and the recklessness accumulated in time at global level, for which reason we see ourselves forced now to reconsider the options that are lay ahead and outline a clear future perspective.

Financial Shortages Patterns - an Overview on Emerging Economies

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Ioana-Veronica ALEXA

2010-12-01

Full Text Available The hereby paper tackles the onset and evolution of the global financial crisis, providing an overview of the partially foreseeable causes and extremely severe consequences. The aim of the paper is to analyze how the collapses of the US sub-prime mortgage market and the reversal of the housing boom in other industrialized economies led to a ripple effect on the world economy. In Europe, bankruptcy stroke and a number of major financial institutions collapsed, while others needed rescuing. The paper concludes that the global economy has proven to be extremely brittle and in need of coherent actions in order to insure recovery.

Reflections on the perspectives of the global economy from the point of view of emerging economies

OpenAIRE

Maria Luiza Falc, o Silva; Joaquim Pinto de Andrade; Thomas S. Torrance

2000-01-01

Recently a number of emerging economies, with high inflation and various kinds of imbalances have experienced what has come to be referred to as dollarization - the phenomenon of currency substitution where the dollar gradually replaces the national currency in the performance of its fundamental functions. The phenomenon is most commonly encountered as a component of the exchange-rate-based stabilization programs implemented in a number of emerging economies in Latin America, Asia and the Mid...

The economy of knowledge, collapse and depression

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Ugo Pagano

2017-05-01

Full Text Available This paper reviews a recent strand of research emphasizing how the present institutions of the knowledge economy may be jeopardizing the very promise of growth and prosperity that the increased use of knowledge is generally reported to bring about. The excessive privatization of knowledge generates self-reinforcing vicious and virtuous circles of accumulation of intellectual property and investment in human capital, which increase global inequality. The present institutions of the global economy entail also a reduction of global investment opportunities that is one of the causes of the present global depression. Absent spontaneous antidotes to these phenomena, economic and science policies should aim at redressing the balance between public and private knowledge. Because of the distortion of incentives, stemming from uncompensated knowledge externalities at the international level, these policies should necessarily be coordinated at global level.

Emerging from the tragedies in Bangladesh: a challenge to voluntarism in the global economy.

Science.gov (United States)

Claeson, Björn Skorpen

2015-02-01

Under the regime of private company or multi-stakeholder voluntary codes of conduct and industry social auditing, workers have absorbed low wages and unsafe and abusive conditions; labor leaders and union members have become the targets of both government and factory harassment and violence; and trade union power has waned. Nowhere have these private systems of codes and audits so clearly failed to protect workers as in Bangladesh's apparel industry. However, international labor groups and Bangladeshi unions have succeeded in mounting a challenge to voluntarism in the global economy, persuading more than 180 companies to make a binding and enforceable commitment to workers' safety in an agreement with 12 unions. The extent to which this Bangladesh Accord will be able to influence the entrenched global regime of voluntary codes and weak trade unions remains an open question. But if the Accord can make progress in Bangladesh, it can help to inspire similar efforts in other countries and in other industries. © 2015 SAGE Publications.

Globalisation, Knowledge and the Myth of the Magnet Economy

Science.gov (United States)

Brown, Phillip; Lauder, Hugh

2006-01-01

This article examines the dominant view of the changing relationship between education, jobs and rewards in the global knowledge economy. This asserts that the developed economies can resolve issues of individual aspirations, economic efficiency and social justice through the creation of a high-skills, high-wage "magnet" economy. Here…

Modelling the world economy at the 2050 horizon

OpenAIRE

Fouré , Jean; Bénassy-Quéré , Agnès; Fontagné , Lionel

2013-01-01

International audience; Economic analysis is increasingly addressing long-term issues (such as global warming) that require a dynamic baseline for the world economy. In this article, we develop a three-factor (capital, energy, labour) macroeconometric (MaGE - Macroeconometrics of the Global Economy) model, and project growth for 147 countries to 2050. We improve on the literature by the following: (i) accounting for the energy constraint through dynamic modelling of energy productivity, (ii) ...

Multidimensionality and Gravity in Global Trade, 1950-2000

Science.gov (United States)

Zhou, Min

2010-01-01

The expansion of global trade in the post-war period is subject to various interpretations. Some stress the trade-promoting role of the novel features in the world economy; some insist on the role of traditional factors, such as geographic distance, political difference and cultural dissimilarity, in continuously depressing trade flows; others…

Nuclear energy-an essential option for sustainable development of global economy

International Nuclear Information System (INIS)

Tokio Kanoh

2005-01-01

Increased use of nuclear energy is an essential option for us to take the sustainable development of the global economy. The reasons are as follows: 1. Energy demand, especially in oil demand; 2. Environmental impact, especially greenhouse effect and carbon dioxide emissions, CO 2 emissions to be reduced 40% by increased use of nuclear power; 3. In the era of hydrogen, nuclear power can contribute in two ways. One is hydrogen production by electrolysis of water in conventional light water reactors powered by less costly late night electricity and the other by paralysis using high temperature gas produced in a high temperature testing reactor, Electric power consumption will increase 50% from 1990 to 2050. What is striking about his projection is types of fuels in use for power generation at that time which will consist of 60% nuclear, 10% hydro and 10% of other renewable energies. In other words, nearly 80% of fuels will be non-fossil sources

The Necessity of Developing Nuclear Energy in Romania in the Context of Global Economy Expansion

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Dana-Elena MARCEAN HOLBAN

2015-12-01

Full Text Available Energy is one of the most important elements of the global economy, being the basic unit of world economic development. In the energy mix, nuclear energy - more than any other type of energy - has generated and will always generate a series of controversies. This article aims to emphasize the economic and social implications, further than the general purpose of developing nuclear energy: national energetic security. With the starting point clearly defined – the history already written by the operation of Unit 1 and 2 – the path to discover all its elements seems to be clear, although a whole range of unknown issues can rise many different interpretations. In Romania, nuclear energy produces 18% of Romania's electricity supplies. Development of Units 3 and 4 of the Cernavoda site could more than double this capacity. This will have major implications in the trading market, significantly influencing the price of electricity not only nationally, but, in the context coupling energy markets, as well as at regional level. It is also risen the question of using this additional production. Depending on the time of commissioning, this quantity of energy that now seems overmuch, can be used for export, to reduce the use of fossil fuels and to continue to obtain electricity in the context of a system based on power plants that use fossil fuels, whose lifespan is nearing completion.

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

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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

VAGINAL ECONOMY: Cinema and Globalization in the Post-Marcos Post-Brocka Era

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Rolando B. Tolentino

2010-12-01

Full Text Available This essay explores the trope of the vaginal economy that is proliferated in the political economy and nature of Philippine migration. The vaginal economy is both receptacle and symptom of Philippine development. It represents the discourse through cinema, and historicizes the primal debate in the Marcos and Brocka contestation for image-building of the nation. Primarily through the sex-oriented (bomba films and their permutations in the various political life of the contemporary nation, the vaginal economy is historicized even in the after-life of the post-Marcos and post-Brocka era.

On the strategy of modernization and development of Russian economy in a global depression

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Sergey Yurievich Glazyev

2011-06-01

Full Text Available This paper reveals the essence of the program proposed by author on preemptive measures to develop the Russian economy in terms of a global depression. The distinctive features of the present global crisis and the prospects of overcoming it are identified. We propose three possible scenarios for the world economy after the crisis: 1 the scenario of quick withdrawal to a long wave of economic growth (optimistic; 2 the catastrophic scenario; 3 the inertial scenario. The key idea of forming a national strategy for accelerated development lies in: the timely establishment of basic industries, the new technological order and early withdrawal of the Russian economy on the associated new long wave of growth, increasing the power of multiple domestic banking and investment system; economic stabilization and creating a zone of sustainable development in the regions of the Eurasian Economic Community and the CIS. Taking into account the experience of anti-crisis policy of foreign countries, strategic mistakes in the planning of anti-crisis measures are identified. In the analysis of national anti-crisis policies and assessing the effectiveness of anti-crisis measures it is justified that the same mistakes were made in Russia. To overcome them, it is required to provide consistency of macroeconomic policies with the priorities of long-term economic and technological development. It might be achieved by concentrating resources on the development of advanced industrial and technological systems that require dedicated work of the national financial and investment system, including the mechanisms of monetary, fiscal and foreign exchange policy. Conceptual parameters of the strategic planning system that can identify promising areas of economic growth as well as guide the development of state institutions to implement them are formulated. The elements of such a system created in Russia in recent years and requiring its introduction are defined. The efficiency

Globalization and democracy

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DEEPAK NAYYAR

2015-09-01

Full Text Available ABSTRACTThe gathering momentum of globalization in the world economy has coincided with the spread of political democracy across countries. Economies have become global. But politics remains national. This essay explores the relationship between globalization and democracy, which is neither linear nor characterized by structural rigidities. It seeks to analyze how globalization might constrain degrees of freedom for nation states and space for democratic politics, and how political democracy within countries might exercise some checks and balances on markets and globalization. The essential argument is that the relationship between globalization and democracy is dialectical and does not conform to ideological caricatures.

Global disarmament and disposal of surplus weapons

International Nuclear Information System (INIS)

1998-01-01

Global disarmament in the mid-1990s is unabated. The trend of reduction of military resource use has continued, although at a slower pace. Compared to the average (not the peak) for the period 1985-1993, global military sectors were 21 per cent smaller - or more than on fifth - in 1995. The large reductions among industrialized countries caused by the end of the cold war have given way to smaller cuts. Many developing countries are continuing to cut their military sectors and some have actually abolished their armed forces altogether. However, throughout the developing world, some countries are actually building up military sectors, generally parallel to the growth of their economies. (author)

The Social Economy Enterprises in Romania

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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.

Editorial: Dilemmas of Modern Economy and Business

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Jelena Stankevičienė

2016-02-01

Full Text Available Various dilemmas concerning modern economy and business have been in the focus of scientific discussion in recent years (Klich, 2013; Renko & Knezevic, 2013; Szarucki, 2013; Agrawal & Gugnani, 2014; Pardhasaradhi & Grace, 2015. In modern economy, not only researches but corporations face complex economic and business dilemmas in their daily routine. The Joint Research Centre of the European Commission addresses key economic challenges by stimulating innovations, sustainability policies, social and environmental responsibilities. These challenges require the mobilization of significant resources by science, innovation and regional policy makers and scientific communities across Europe (EUA, 2014. Broader scientific discussions are crucial for the success of the Europe 2020 strategy for smart, sustainable and inclusive growth. According to the Global Risks Report 2015, the biggest threat to world stability in the next 10 years arise from the four most serious economic risks. These are high structural unemployment or underemployment, energy price shock, critical information infrastructure breakdown and fiscal crises. We continuously agree that innovation is critical to global prosperity (WEF, 2015. Currently, the internationalisation of family businesses is an increasingly important research area. Substantial numbers of FBs are forced to expand into foreign markets in order to survive and grow in the competitive environment (Daszkiewicz & Wach, 2014. The roles of business angels are especially important taken both decreasing the levels of formal venture capital investment and growing average amount of individual deals. Angel investors are the key players in generating high-growth companies, essential to regional economic development. As a result, they have attracted the attention of policy makers (Rostamzadeh et. al., 2014. Consequently, this issue of EBER concentrates on the current dilemmas of modern economy and business, particularly dealing

Global economic meltdown and the Nigerian economy | Lawrence ...

African Journals Online (AJOL)

International Journal of Development and Management Review ... Other identified causes are the housing bubble and predatory lending by its financial giants. The crisis has inflicted so much harm on the Nigerian economy by resulting in ...

Foreign Direct Investments Expansion – Essential Globalization Factor

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Cătălin Emilian HUIDUMAC PETRESCU

2011-01-01

Full Text Available We live in a time when the world economy is constantly changing. Foreign direct investments is one of the most dynamic part of the world economy and in a continuous globalization, those international financial flows determining the traders to know their defining elements and to adopt a specific management in the international affairs field. We are viewers of an unprecedented expansion of foreign direct investments, essential factor of the globalization development process. The paper analyzes the evolution of FDI so far, along with a brief illustration as the main trends of international financial flows for 2010 and 2011. In the context of economic globalization, it is absolutely necessary to clear out a study on the various economic activities, especially on the differences between countries. The analysis of these differences is particularly important as it helps improve and optimize the strategies adopted by foreign transnational companies. In the past 15 years, one observes that most companies in emerging countries, characterized by a great expansion, have adopted in the first phase of their existence, corporate strategies that gave them the opportunity to become global companies. According to surveys, after reaching the first goal, becoming a multinational or a transnational company, they have developed new business models beyond the classical principles and strategies. It is anticipated that in the coming decades, the strategies of emerging companies will be influenced by functional specialization, which, according to experts, influence the process of globalization. The analysis of strategies adopted by companies in emerging countries is absolutely necessary because the results cannot be overlooked. For example, until 2004, only five Asian companies were part of the top 100 transnational companies. The study was carried out by UNCTAD and the identification criterion was the size of foreign assets. In 2006, 14% of world total FDI came from

Transformation of financial services companies in the global knowledge economy : how to map and measure customer value created with relationship capital

NARCIS (Netherlands)

Bree, Antonius Petrus de

2001-01-01

This research focused on how a model in support of an interactive strategy decision-making process within the context of the global Knowledge Economy could be developed and applied within the constraints of time and an overload of data and information available. The focus was on constructing a

THE WORLD ECONOMY IN 2017 AND THE PROSPECTS FOR 2018

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Andrei Rădulescu

2018-01-01

Full Text Available The dynamics of the global economy improved in 2017 under the influence of the expansionary policy mix in the US and Euroland, as well as the wave of optimism across the international financial markets. An acceleration of fixed investments in the United States may be noticed, given the expected effects of the fiscal reform implemented by the Trump administration. At the same time, GDP in the Euroland rose at its highest pace since 2007, due to the expansionary monetary policy promoted by the European Central Bank and the accelerating global economy. This paper gives a brief review of the recent developments in the global economy, the United States and Euroland, as well as the prospects for 2018.

Real Exchange Rates in Advanced Transition Economies

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Sanja Grubacic

2015-10-01

Full Text Available The recent evidence from Eastern Europe suggests that one of the major obstacles towards the adoption of euro may lie in the impact that the recession of 2008 exerted on the trajectory of real exchange rates in new member countries (European Commission, 2015.  This paper aims to establish and explain the relationship between the external shocks derived from the global financial crisis and recession of 2008 and equilibrium real exchange rate in advanced transition economies of Eastern Europe. The interplay between the external and internal balances is explained by developing an inter-temporal optimizing model of the real exchange rate determination in a small open economy with structural distortions. The results of our model suggest that, in the aftermath of recession, if the Eastern European economies attempt to restore and maintain the balance between the consumption, saving, and investment, the equilibrium real exchange rate will tend to reverse its trajectory from appreciation to depreciation over time in order to encourage a greater production in the future. The equilibrium real exchange rate depreciation in the future may obtain either as a result of an increase in the direct subsidies on investment or as a result of reduced subsidies on the "net-of-investment" income.  The deprecation of countries’ real exchange rate, however, may continue to act as an effective constraint against the adoption of euro.

Economic Globalization - a Phenomenon of Global Business Integration

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Radu-Marcel Joia

2012-05-01

Full Text Available Tumultuous economic life led scientists to seek explanations to the negative economic events,events that take many forms, and to whom it is a must to find a solution or even a mitigating factor. Thefoundation of the economy has undergone many changes. The recent events manifested in the world economyshow that the underlying fundamentals of this science must be revised because they proved to be wrong. Itnotes several times, mainly due to present economic crisis, that currently the economics have no theoreticaland practical means and no tools of analysis and intervention in the economy, proving that the existing onesare exceeded and insufficient, so that the creation of an unifying principle and of some generalizing conceptsthat could systematize and forecast the current economic phenomena in the microeconomics andmacroeconomics, especially in the transnational companies field, those which are the base of the foreigndirect investment flows, should become the main objective of the new economic science. Through this paper,we tried to illustrate the important aspects of economic globalization, the challenges that this phenomenonposes to economies and the way in which an economy can become globally competitive, under massiveconstraints of the global competition, how a national company can become globally integrated, study basedon representative references.

EMERGING CITIES ON THE ARABIAN PENINSULA: URBAN SPACE IN THE KNOWLEDGE ECONOMY CONTEXT

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Alain Thierstein

2008-07-01

Full Text Available Networks of the growing knowledge economy significantly influence spatial development on different scales. This paper proposes a framework for analyzing the impact of global knowledge economy networks on the rapidly developing urban space of emerging cities on the Arabian Peninsula, and vice versa. Two aspects of the described research are innovative: First, a global relational geography-perspective builds the basis for approaching the analysis of urban space development in emerging cities on the Arabian Peninsula. Second, the empirical methodology of the research project is a newly defined method triangulation, setting an example for systematic analysis of local urban development in a global context. The method triangulation combines three different research angles: A knowledge economy firm perspective, an on-site observation perspective and a planner perspective. The method triangulation defines the procedure for the research application in selected case study cities on the Arabian Peninsula. Initial results from applying the research methodology in the city of Dubai give a first indication, that emerging cities on the Arabian Peninsula play a significant role in the global and regional knowledge economy networks. Locally developed urban spaces reflect and influence the significance of cities in the global knowledge economy context. Especially the global visibility of urban spaces on a city district scale, which specifically address the needs of knowledge economy players, contributes significantly to the attractiveness of emerging cities on the Arabian Peninsula.

The deregulated global economy: women workers and strategies of resistance.

Science.gov (United States)

Hale, A

1996-10-01

This article discusses the lack of input from women in international debates about the global economy. Women in the South are the most vulnerable to exploitation and most ignored in international discussions of how to protect fair labor standards. Restructuring has led to loss of secure jobs in the public sector and the expansion of female employment in low-paid, insecure, unskilled jobs. Businesses desire a cheap and flexible workforce. Declines in social services, the elimination of subsidies on basic goods, and the introduction of user fees puts pressure on women to supplement family income. A parallel outcome is reduced employment rights, neglect of health and safety standards, and increased disregard among women for their domestic responsibilities. There is a need for alternative models of development. The Self-Employed Women's Organization in India serves as a model for resisting exploitation among self-employed and home-based employees. Female industrial strikers are demanding attention to excessive hours of work, enforced overtime, bullying, and lack of sanitary and medical facilities. There is always fear that organized resistance will lead to industrial relocation or loss of jobs. The International Labor Organization has had a code for 20 years, but the threat of exposure to the press is sometimes more effective. There must be regulation throughout subcontracting chains of transnational companies. International alliances should revolve around issues/strategies identified by workers. International alliances are needed for influencing multinational companies and national governments and lobbying global economic and financial institutions. Standards that are included in social clause discussions are minimum requirements that do not address gender-specific issues. Women Working Worldwide is developing a position statement of social clauses that incorporates a women's perspective.

Decarbonizing the Global Economy - An Integrated Assessment of Low Carbon Emission Scenarios proposed in Climate Policy

Science.gov (United States)

Hokamp, Sascha; Khabbazan, Mohammad Mohammadi

2017-04-01

In 2015, the Conference of the Parties (COP 21) reaffirmed to targeting the global mean temperature rise below 2 °C in 2100 while finding no consent on decarbonizing the global economy, and instead, the final agreement called for enhanced scientific investigation of low carbon emission scenarios (UNFCC, 2015). In addition, the Climate Action Network International (CAN) proposes Special Reports to address decarbonization and low carbon development including 1.5 °C scenarios (IPCC, 2016). In response to these developments, we investigate whether the carbon emission cuts, in accordance with the recent climate policy proposals, may reach the climate target. To tackle this research question, we employ the coupled climate-energy-economy integrated assessment Model of INvestment and endogenous technological Development (MIND, cf. Edenhofer et al., 2005, Neubersch et al. 2014). Extending MIND's climate module to the two-box version used in the Dynamic Integrated model of Climate and the Economy (DICE, cf. Nordhaus and Sztorc, 2013, Nordhaus 2014), we perform a cost-effectiveness analysis with constraints on anthropogenic carbon emissions. We show that a climate policy scenario with early decarbonization complies with the 2° C climate target, even without Carbon Capturing and Storage (CCS) or negative emissions (see van Vuuren et al., 2013, for negative emissions). However, using emission inertia of 3.7 percent annually, reflecting the inflexibility on transforming the energy sector, we find a climate policy with moderately low emissions from 2100 onwards at a cost in terms of Balanced Growth Equivalents (BGE, cf. Anthoff and Tol, 2009) of 0.764 % that requires an early (2035 vs. 2120) peak of investments in renewable energy production compared to a business-as-usual scenario. Hence, decarbonizing the global economy and achieving the 2 °C target might still be possible before 2100, but the window of opportunity is beginning to close. References: Anthoff, D., and Tol, R

Foreword. The Knowledge Economy: The Present Future

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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...

Nigeria’s Mono-Cultural Economy: Impact Assessment and Prospects

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Victor Nwaoba ITUMO

2016-12-01

Full Text Available The article takes an insight into the nature of the oil based mono-cultural economy of Nigeria, providing an in-depth analysis of the situation. It clearly assesses the oil resource based economy, highlights the impacts- positive and negative on Nigeria’s economic development and why Nigeria urgently needs to diversify its economy away from oil resource dependence. If Nigeria will not change the oil dependency economy, there will be grave implications for its economic growth and development as it already negatively affects annual budgetary provisions and other fiscal responsibilities. As it is well known, Nigeria is one of the foremost countries in the global oil export, with disruptions in its supply affecting the international oil market in some ways, huge reliance on oil as a resource has seen one of the foremost economies in Africa challenged in her economic growth and development with oil price volatility and decline on the global market. The research made use of secondary data to assess the situation and also drew the conclusion that Nigeria needs to diversify her economy as reliance on a basic resource discourages growth.

The Uncontrolled Economic Engine of the Developing Economies, Speeding up the Climate Shift

Science.gov (United States)

Khan, K. M.; Khan, M. A.

2014-12-01

As we progress into the 21st century, the world faces challenges of truly global nature bearing implications on the whole world in one way or another. The global economic engine has shifted from the western world (Developed Economies) to the eastern world (Developing Economies) which has brought about tremendous change in the climate related variables in this part of the world. As uncontrolled carbon emissions grow in the developing economies, the phenomenon of global warming and climate shifts become more and more prevalent. While this economic activity provides income for millions of households, it is contributing generously to the rapid degradation of the environment. Developing economies as it has been seen do not employ or abide by stringent regulations regarding emissions which result in uncontrolled emissions. In this particular scenario, it is a tedious task to convince governments in the developing economies to implement regulations regarding emissions because businesses in these economies deem such regulations to be economically unviable. The other side of the problem is that these uncontrolled emission are causing evident climate shifts which has had adverse impacts on the agricultural societies where shifting climates are leading to reduced agricultural output and productivity. Consequently the lives of millions associated directly or indirectly with agriculture are affected and on a more global level, the agricultural produce is decreasing which increases the chances of famine in parts of the world. The situation could have devastating impacts on the global economy and environmental standards and therefore needs to be addressed on emergency basis. The first step towards betterment could be the introduction of the carbon trading economy in the developing economies which would incentivize emission reduction and become more attractive and in the process sustaining minimum possible damage to the environment. Though carbon trading is a formidable first step

Change, continuity and power in the Russian political economy in comparative BRICs perspective

NARCIS (Netherlands)

Vasileva, A.

2017-01-01

This article-based dissertation explores the development of the Russian political economy over the past 25 years in comparative BRICs perspective. The first half of the thesis describes (article 1) and compares (article 2) the evolution of the macro-configuration of Russia's political economy

The challenge of market power under globalization

OpenAIRE

David Arie Mayer-Foulkes

2014-01-01

The legacy of Adam Smith leads to a false confidence on the optimality of laissez faire policies for the global market economy. Instead, the polarized character of current globalization deeply affects both developed and underdeveloped economies. Current globalization is characterized by factor exchange between economies of persistently unequal development. This implies the existence of persistent extraordinary market power in transnational corporations, reflected in their disproportionate par...

An oil-sick global economy?

International Nuclear Information System (INIS)

Anon.

2004-01-01

Since early 2004, oil prices have increased by 50% as a combined result of a demand shock, tensions on production capacities and supply disruptions. The surplus of wealth from oil importing to exporting countries nears 100 bn dollars (0.3% of OECD GDP) in the whole year. Households' real income should decrease by 0.3 point in the Euro zone and by 0.5 point in the US. According to our oil price forecasts (33 dollars a barrel by the end of 2005), GDP growth should be reduced by 0.4 point in 2004-2005. Should prices remain at 50 dollars throughout 2005, growth in industrial countries will be further impaired (0.6 point with a monetary policy response), but developing economies will suffer more. Oil producing countries should increase their imports and the reintroduction of petro dollars on financial markets should hold international interest rates down

Network analysis of Chinese provincial economies

Science.gov (United States)

Sun, Xiaoqi; An, Haizhong; Liu, Xiaojia

2018-02-01

Global economic system is a huge network formed by national subnetworks that contains the provincial networks. As the second largest world economy, China has "too big to fail" impact on the interconnected global economy. Detecting the critical sectors and vital linkages inside Chinese economic network is meaningful for understanding the origin of this Chinese impact. Different from tradition network research at national level, this paper focuses on the provincial networks and inter-provincial network. Using Chinese inter-regional input-output table to construct 30 provincial input-output networks and one inter-provincial input-output network, we identify central sectors and vital linkages, as well as analyze economic structure similarity. Results show that (1) Communication Devices sector in Guangdong and that in Jiangsu, Transportation and Storage sector in Shanghai play critical roles in Chinese economy. (2) Advanced manufactures and services industry occupy the central positions in eastern provincial economies, while Construction sector, Heavy industry, and Wholesale and Retail Trades sector are influential in middle and western provinces. (3) The critical monetary flow paths in Chinese economy are Communication Devices sector to Communication Devices sector in Guangdong, Metals Mining sector to Iron and Steel Smelting sector in Henan, Communication Devices sector to Communication Devices sector in Jiangsu, as well as Petroleum Mining sector in Heilongjiang to Petroleum Processing sector in Liaoning. (4) Collective influence results suggest that Finance sector, Transportation and Storage sector, Production of Electricity and Heat sector, and Rubber and Plastics sector in Hainan are strategic influencers, despite being weakly connected. These sectors and input-output relations are worthy of close attention for monitoring Chinese economy.

Weberian versus Pluralistic Legal Forces in the Global Political Economy

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Volkmar Gessner

2013-10-01

Full Text Available This picture supports a view that modernization processes lead naturally to legal structures similar to what can be observed in Western societies and that also global structures will emerge on the same model. Together with modernization theory another prominent theory often alluded to as justification for legalization is Institutional Economics where rules and institutions are considered mechanisms for effective transaction costs avoidance. My earlier publications compare these and other approaches for explaining the role of law in the economy. A third theory is Max Weber’s legal rationalization, an evolutionary process running from traditional irrational forms to formal, bureaucratic forms of legal domination. Weber’s view that legal rationalization is our “fate” and informal rules and institutions are necessarily outdated will be reconsidered from a historical perspective and confronted with empirical data gathered in the area of the governance of global business transactions. This article will attempt to show that although Weber’s influential approach still helps to explain much of what occurs in domestic models of capitalism it doesn’t seem to grasp the growing complexities of globalized capitalism. Este análisis apoya la opinión de que los procesos de modernización conducen naturalmente a las estructuras jurídicas similares a lo que se observa en las sociedades occidentales y que también las estructuras globales surgirán en el mismo modelo. Junto con la teoría de la modernización, otra teoría prominente a menudo aludida como justificación para la legalización es la Economía Institucional, donde las reglas y las instituciones se consideran mecanismos para evitar los costos de transacción de efectivo. Las publicaciones anteriores del autor comparan estos y otros enfoques para explicar el papel de la ley en la economía. Una tercera teoría es la racionalización jurídica de Max Weber, un proceso evolutivo que va

Re-making the global economy of knowledge: do new fields of research change the structure of North-South relations?

Science.gov (United States)

Connell, Raewyn; Pearse, Rebecca; Collyer, Fran; Maia, João; Morrell, Robert

2017-08-17

How is global-North predominance in the making of organized knowledge affected by the rise of new domains of research? This question is examined empirically in three interdisciplinary areas - climate change, HIV-AIDS, and gender studies - through interviews with 70 researchers in Southern-tier countries Brazil, South Africa and Australia. The study found that the centrality of the North was reinstituted as these domains came into existence, through resource inequalities, workforce mechanisms, and intellectual framing. Yet there are tensions in the global economy of knowledge, around workforce formation, hierarchies of disciplines, neoliberal management strategies, and mismatches with social need. Intellectual workers in the Southern tier have built significant research centres, workforces and some distinctive knowledge projects. These create wider possibilities of change in the global structure of organized knowledge production. © London School of Economics and Political Science 2017.

Purist or Pragmatist? UK Doctoral Scientists' Moral Positions on the Knowledge Economy

Science.gov (United States)

Hancock, Sally; Hughes, Gwyneth; Walsh, Elaine

2017-01-01

Doctoral scientists increasingly forge non-academic careers after completing the doctorate. Governments and industry in advanced economies welcome this trend, since it complements the "knowledge economy" vision that has come to dominate higher education globally. Knowledge economy stakeholders consider doctoral scientists to constitute…

The Global Value of Coal

Energy Technology Data Exchange (ETDEWEB)

NONE

2012-07-01

Coal plays an essential role in our global energy mix, particularly for power generation; and through that to the alleviation of energy poverty. The use of coal continues to grow rapidly and will continue, together with other fuels, to support world economic and social development particularly in rapidly developing world economies such as China and India. The purpose of this paper is to highlight for policy makers the value of coal to world economic and social development and so encourage development of a policy environment that will allow the coal and electricity industries to make the necessary investments in production capacity and CO2 emissions reduction technologies.

Ecological Modernization and the Global Economy

NARCIS (Netherlands)

Mol, A.P.J.

2002-01-01

This paper explores what an ecological modernization perspective has to offer in an era marked by globalization. Globalization processes and dynamics are mostly seen as detrimental to the environment. The point that an ecological modernization perspective puts on the research agenda is that,

Global stabilization of linear continuous time-varying systems with bounded controls

International Nuclear Information System (INIS)

Phat, V.N.

2004-08-01

This paper deals with the problem of global stabilization of a class of linear continuous time-varying systems with bounded controls. Based on the controllability of the nominal system, a sufficient condition for the global stabilizability is proposed without solving any Riccati differential equation. Moreover, we give sufficient conditions for the robust stabilizability of perturbation/uncertain linear time-varying systems with bounded controls. (author)

The self as capital in the narrative economy: how biographical testimonies move activism in the Global South.

Science.gov (United States)

Burchardt, Marian

2016-05-01

This article analyses and theorises the practice of biographical storytelling of HIV-positive AIDS activists in South Africa. Combining research in illness narratives, studies of emotions in social activism and analysis of global health institutions in Africa, I explore how biographical self-narrations are deployed to facilitate access to resources and knowledge and thus acquire material and symbolic value. I illustrate my argument through the analysis of the case of an AIDS activist who became a professional biographical storyteller. Based on the analysis which I claim to represent wider dynamics in human-rights-based health activism in the Global South, I propose the concept of narrative economies by which I mean the set of exchange relationships within which biographical self-narrations circulate and produce social value for individuals and organisations. © 2015 Foundation for the Sociology of Health & Illness.

Technological Innovation and Competitiveness in The Global Economy: India's Changing Status and Its Implications

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Bala Subrahmanya Mungila Hillemane

2013-09-01

Full Text Available   This paper probes the changing innovation status and resultant competitiveness in the context of global economy and questions the recent ranking improvements of India on the basis of hard economic facts. This paper has made use of secondary data comprising innovation indices and competitiveness rankings published by international organizations and reputed business schools from time to time since 1996 to analyze the changing status of India internationally. Later, using secondary data on key macro-economic variables published by the Government of India, the recent ranking of India is closely examined as well as recent steps taken by the government of India to improve competitiveness is elaborated. The study throws light on the changing but improving innovation dimensions and competitiveness ranking of India since 1996 till 2010. From nowhere India emerges and occupies the second slot, after China, in the global competitiveness ranking. But hard core macro-economic variables do not justify India’s elevation to the top in any way. Given this, the study throws light on the recent policy measures announced by the Government of India and its implications as well as policy imperatives.

VAR—ANALYSIS OF GLOBAL FINANCIAL ECONOMIC CRISIS IMPACT ON PUBLIC BUDGET AND UNEMPLOYMENT: EVIDENCE FROM THE ECONOMY OF THE KYRGYZ REPUBLIC

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Nargiza Bakytovna Alymkulova

2016-12-01

Full Text Available The Global financial crisis hit the economy of the Kyrgyz Republic by the third wave of its transmission in the early of 2009. The article examines the impact of the Global financial economic crisis on the public budget and unemployment of the Kyrgyz Republic. We analyzed the transmission of the crisis on the public budget firstly and its effect on unemployment level by using the vector autoregression approach (VAR and quarterly data for 2005–2013 within the framework of IS-LM model for small open economies with floating exchange rate. There is an inverse relationship between the public budget and remittances inflow, liquidity level, volume of deposits, and exchange rate. As a result of the study, the fall in remittances inflows, liquidity level of the banking system, depreciation of the national currency lead to an increase in public revenue. Therefore, the increase in public spending during the crisis period, with the aim of unemployment reduction, may be considered as a crucial policy. The study result allows to policy-makers to exactly know what channels of transmission mechanism transfer the Global crisis on the public budget and its effect on unemployment level of the republic in order to undertake anticrisis macroeconomic policy. The final result of the study indicates that the increase of unemployment level by 1 % requires the increase of public spending by 0.63 %.

The transnationalisation of the Indian coal economy and the Australian political economy: The fusion of regimes of accumulation?

International Nuclear Information System (INIS)

Rosewarne, Stuart

2016-01-01

The Indian government's economic development program is predicated on increasing electricity generating capacity. Coal fired power and removal of obstacles to private corporations investing in generating capacity are core elements in this program. With difficulties in boosting national coal production, the state-owned Coal India Limited and energy corporations have spearheaded a range of global coal sourcing endeavours, including investing in offshore deposits. Energy security has become reflected in engineering global supply chains, securing control of coal, with two of the largest projects involving Adani and GVK proposing to develop mines in the Galilee Basin in Queensland, Australia. These investments become the institutional and organisational architecture that locks in demand, a global demand which helps to explain successive Australian governments support for and approval of the projects. Notwithstanding considerable environmental opposition, and questions about the economic merits and commercial viability of the projects, Australian governments are wedded to the conviction that expanded development of the economy is tied to extracting and exporting fossil fuels, to consolidating Australia as an ‘energy superpower’. - Highlights: • Expansion of India's electricity generation capacity is contingent on coal imports. • Exporting coal is critical to Australia's ambitions as an energy superpower. • The moral case for exporting coal is made in terms of poverty alleviation. • Continued expansion of coal mining will compromise global climate change ambitions.

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

Competitiveness in tourism economies of the APEC

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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.

Market Economy under Rapid Globalization and Rising Productivity

OpenAIRE

Konov, Joshua Ioji

2012-01-01

Market economy of enhancing business laws in contracting, bonding, insuring, legal corporate structures , e.g. will marginalize the economic agents and tools that make market competition unfair, empower small and medium businesses and investors, and boost business activities, fiscal strength, employment, and capital transmission. Keynesian capital infusion will extend its market effect in such higher security marketplace.

Biomass Assessment. Assessment of global biomass potentials and their links to food, water, biodiversity, energy demand and economy. Inventory and analysis of existing studies. Supporting document

International Nuclear Information System (INIS)

Dornburg, V.; Faaij, A.; Verweij, P.; Banse, M.; Van Diepen, K.; Van Keulen, H.; Langeveld, H.; Meeusen, M.; Van de Ven, G.; Wester, F.; Alkemade, R.; Ten Brink, B.; Van den Born, G.J.; Van Oorschot, M.; Ros, J.; Smout, F.; Van Vuuren, D.; Van den Wijngaart, R.; Aiking, H.; Londo, M.; Mozaffarian, H.; Smekens, K.; Lysen, E.

2008-01-01

This supporting document contains the result from the inventory phase of the biomass assessment of global biomass potentials and their links to food, water, biodiversity, energy demand and economy. This study provides a comprehensive assessment of global biomass potential estimates, focusing on the various factors affecting these potentials, such as food supplies, water use, biodiversity, energy demands and agro-economics

THE ROLE AND PLACE TRANSNATIONAL CORPORATIONS IN GLOBALIZATION

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Lytvynenko Kristina

2018-01-01

Full Text Available Introduction. At present, transnational corporations (TNCs are leading the world economy. Each year, the number of TNCs increases, which increases their share in the global economy as a whole. The largest investment projects in the world are concentrated in such corporations, which are a major impetus for the development of countries in which all the capacities of transnational corporations are located. Through the structure of TNCs there are financial and commodity flows that are crucial for the development and improvement of the world economy. The above shows that the study and further research of transnational corporations in the globalization processes is an actual topic of the present. Purpose. The purpose of the paper is to study the peculiarities and trends of the activities of transnational corporations in the conditions of globalization of the world economy. Results. The basis of the new global economic system are TNCs that have large financial resources, implement advanced technologies, have significant spatial markets and conduct an active, globally, investment policy. Conclusions. A transnational corporation is part of the world economy, which is subject to the laws of the development of TNCs and reflects the reciprocal impact on the world economy, a product of globalization processes. The direct relationship between TNCs and the process of globalization comes from the study of the stages of the evolution of transnational corporations. The role of TNCs in the modern world is intensifying, in this connection, the role of national economies is falling, which leads to a conflict of interest between multinational corporations and states. Such conflicts can have a bad effect on the state of the economy and the stability of the state. Therefore, it is necessary to regulate the activities of TNCs. Modern activity of transnationalization has acquired many new features, it can affect not only the world economy, but also the country�

China in the transition to a low-carbon economy

International Nuclear Information System (INIS)

Zhang Zhongxiang

2010-01-01

China, from its own perspective cannot afford to and, from an international perspective, is not allowed to continue on the conventional path of encouraging economic growth at the expense of the environment. Instead, China needs to transform its economy to effectively address concern about a range of environmental problems from burning fossil fuels and steeply rising oil import and international pressure on it to exhibit greater ambition in fighting global climate change. This paper first discusses China's own efforts towards energy saving and pollutants cutting, the widespread use of renewable energy and participation in clean development mechanism, and puts carbon reductions of China's unilateral actions into perspective. Given that that transition to a low carbon economy cannot take place overnight, the paper then discusses China's policies on promoting the use of clean coal technologies and nuclear power. Based on these discussions, the paper provides some recommendations on issues related to energy conservation and pollution control, wind power, nuclear power and clean coal technologies and articulates a roadmap for China regarding its climate commitments to 2050.

Influence of peculiarities of transition economy on real estate market

OpenAIRE

Venclauskienė, Deimantė; Snieška, Vytautas

2010-01-01

Global integration processes highlight relevance and weight of real estate market in determining economic cycle processes in different countries. Real estate market processes in countries with transition economy differ from real estate market processes in countries with developed economy in their peculiarities, possible reactions of market participators to economic shocks and consequences to country‘s economy. Common problems with property privatization, formation of legal and financial syste...

Book reviews: Animal spirits. How human psychology drives the economy and why it matters for global capitalism

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Gheorghe MANOLESCU

2010-06-01

Full Text Available Animal spirits*. How human psychology drives the economy and why it matters for global capitalism helps us understand how the economic systems operate on the economic theory crisis background. The message of the book is recognizing the importance of irrationality factors in formulating the economic theory. The paper calls for reconsidering the economy fundamentals and principles, presenting a new way of understanding the significant economic phenomena that standard economic science cannot explain or accurately interpret. In this respect, a new way to revolutionize the economic thinking which might change the approach of the economic crises, unemployment, poverty, economic fluctuations and the like, is open. * The “animal spirits” collocation (coming from Latin spiritus animalis, where animus pertains to the soul or means to animate refers to that nervous fluid presently covering the psychological and emotional motivation factors. In a broad sense, the animal spirits refer to vivacity, to the natural state of a healthy animal, acting as an intermediary between the body and soul. In an economic context, Keynes speaks about the people’s strength and vitality determining them to make bold decisions and to invest money, effort and time in business initiatives. From an economic perspective, the animal spirits cover an element of anxiety and inconsistency present in the economy, the people’s unusual ambiguity and insecurity which sometimes paralyse them, while otherwise stimulate them overcome fear and hesitation.

A resource-based view of internationalization in emerging economies

NARCIS (Netherlands)

Hein Roelfsema; Martijn A. Boermans

2012-01-01

Chapter 2 in Impacts of Emerging Economies and Firms on International Business. One of the most remarkable phenomena of recent times is that a large number of firms from emerging economies have come to define and dominate new markets and enter the class of global innovation leaders. Firms that once

GLOBAL RISKS AND INSTRUMENTS OF ITS MINIMIZATION

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O. Havryliuk

2014-06-01

Full Text Available It is argued that economic globalization leads to the formation of macro-economic, political and other risks that are able to grow into global risks affecting, without exception, all national economies, creating a serious threat to national economic security. The emphasis is on the negative elements of a set of global risks, their development and minimize the possibility of using a number of tools. Ensuring firmness of the state to external risks demands continuous monitoring and forecasting of world processes and usage of economic instruments of rapid response for prevention of negative consequences. The essence of the category of "risk" is revealed and deepened. The global risks that can not affect the economic security of Ukraine is disclosed. It is shown that the emergence of these global risks has negative impact on the economic security of Ukraine.

China's Economy and the Beijing Olympics

National Research Council Canada - National Science Library

Martin, Michael F

2008-01-01

... in preparation for the international event. China anticipates that the 2008 Olympics will provide both short-term and long-term direct and indirect benefits to its economy, as well as enhance the nation's global image...

Imperatives for an agricultural green economy in South Africa

Directory of Open Access Journals (Sweden)

Constansia Musvoto

2015-01-01

Full Text Available Globally, there are social, economic and environmental challenges related to sustainable development; these challenges include climate change, the need to feed a rapidly increasing population, high rates of poverty and environmental degradation. These challenges have forced us to rethink the way in which development takes place, resulting in the emergence of the concept of a �green economy�. A green economy results in improved human well-being and social equity, while significantly reducing risks to the environment. It is based on principles which integrate social, economic and environmental considerations. South Africa has adopted the principle of green economic growth, and agriculture is one of the sectors that will drive this growth. Agriculture could address some of the sustainable development problems, but there are challenges related to resource availability, environmental impacts of agriculture and climate change. For agriculture to support a green economy it has to be productive, contribute to economic growth and not undermine the environment, social and cultural systems. The information base and policies required to support a green economy in general, and/or an agriculture-supported green economy have not yet been developed, as the green economy is an emerging concept in South Africa as well as globally. The generation of such information requires analysis and synthesis of green economy principles and agricultural imperatives into generic principles and practices for facilitating agriculture�s contribution to the green economy. In this paper, we conduct this analysis and synthesis and highlight the defining aspects of an agricultural green economy.

The transition from industrial (traditional to new (information economy

Directory of Open Access Journals (Sweden)

Ilić Bogdan B.

2004-01-01

Full Text Available At the end of 20th century a new economy and a new information society emerged, as a result of achieving the third and the transition to the fourth scientific and technological revolution. The basis of this new economy lies in the transition from the industrial production to the production based on information and technology. The new economy contributes to changing the character of the factors of production, the structure of the value produced the motives of production, the workers’ position (robots replacing slaves etc. Besides labor, capital, land and entrepreneurship, information appears to be the fifth and the most important factor of production. The Internet is becoming the foundation of the new economy and contributes to changing the way people learn and do research, as well as to reducing the burden of administration, changing the way of competition, reducing operating costs crossing national borders and leading to the process of globalization of the world economy into an integral entity. Some basic characteristics of this new economy are the following: the information basis of production, rapid changes of products, flexible production systems, network organization of production, integration, services backed by products, skills and knowledge generalization, education, knowledge and talent becoming the most important factor of the socio-economic growth and development, etc. The new economy leads to a number of advantages when compared to the traditional one. However, it also has a number of negative consequences: pollution indebtedness of underdeveloped countries, widening the gap between the development level of regions, countries and individuals, growing inflation unemployment etc. But the new economy is objectively conditioned and the task of each national economy is to determine the most favorable way of its incorporation into this new economy (globalization.

English in Economy World: an Overview of English Learning

OpenAIRE

Setyaningsih, Ani; Kurniasih, Siwi Karmadi

2007-01-01

English is not a language for the English-speaking countries anymore. English has spread worldwide to the countries in the five continents. One of the reasons is economy. People need to acquire English since it is one way to cope with the communication in economy trend. English is needed to process information, analyze, evaluate, experiment, negotiate and collaborate in economy. The awareness of English importance in the globalization era has made people learn this universal language consciou...

Agglomeration Economies in Classical Music

DEFF Research Database (Denmark)

Borowiecki, Karol Jan

2015-01-01

This study investigates agglomeration effects for classical music production in a wide range of cities for a global sample of composers born between 1750 and 1899. Theory suggests a trade-off between agglomeration economies (peer effects) and diseconomies (peer crowding). I test this hypothesis...

Oil price shocks and economy: an open question

International Nuclear Information System (INIS)

Di Marzio, G.

2006-01-01

rise almost certainly reflects the strong global economic environment in which it occurs; the main factor mitigating adverse effects has been the sustained and autonomous expansion of the global economy. Large oil price fluctuations produce now smaller effects than in the previous decades; although oil price shocks have continued to Occur, there have been no major episodes of stagflation since the 1970s. Estimates confirm smaller effects of the Current price shock after taking into account the global decline in oil intensity of GDP and a better monetary policy management. Advanced consuming economies have become better adapted to deal with oil price increases and volatility; institutional characteristics of economic systems show simply less rigidities and regulations; the extent of inflation pass through from terms-of-trade shocks has declined in recent years as labour markets have become more flexible; energy-intensive manufacturing industries contribute less than before to real GDP formation. Ali these elements allow far faster adjustment processes. Since 2002 global macro economic conditions have been more favourable than in any previous period, with a primary role developed by monetary policy, whose moderate stance has been allowing far international real interest rates historically low, so sustaining global output growth and demand pressure on oil prices. But the experience subsequent the 1990s does not provide reasons far dismissing the risk that persistent oil price increases will pass through into core inflation, so pushing monetary conditions to change [it

40 CFR 600.114-08 - Vehicle-specific 5-cycle fuel economy calculations.

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 29 2010-07-01 2010-07-01 false Vehicle-specific 5-cycle fuel economy... (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy... fuel economy calculations. This section applies to data used for fuel economy labeling under Subpart D...

Bounded Rationality of Generalized Abstract Fuzzy Economies

Directory of Open Access Journals (Sweden)

Lei Wang

2014-01-01

Full Text Available By using a nonlinear scalarization technique, the bounded rationality model M for generalized abstract fuzzy economies in finite continuous spaces is established. Furthermore, by using the model M, some new theorems for structural stability and robustness to (λ,ϵ-equilibria of generalized abstract fuzzy economies are proved.

Where have all the falcons gone? Saker falcon (falco cherrug exports in a global economy

Directory of Open Access Journals (Sweden)

Paul B. Stretesky

2018-01-01

Full Text Available Within conservation biology growing evidence of the decline of the Saker falcon (falco cherrug population has directed attention to the role of the global falcon trade. Here, we examine factors that may explain the global Saker trade using ecological modernization, treadmill of production and unequal ecological exchange as theoretical frameworks. We estimate trends in Saker exports using the most comprehensive measure available – Convention on International Trade in Endangered Species of Wild Fauna and Flora Trade Database. Our analysis employs fixed effects regression techniques to control for unobserved heterogeneity between nations to isolate the most important drivers of Saker exports. We find that the rise in Saker exports are partly correlated with a nation's increasing income and growing dependence on trade. Such a situation infers that the global Saker falcon population will continue to diminish if conservation policy does not change and current economic conditions continue. Keywords: Avian conservation, Conservation governance, Wildlife trade, Biodiversity, Raptor decline

USING GEM - GLOBAL ECONOMIC MODEL IN ACHIEVING A GLOBAL ECONOMIC FORECAST

Directory of Open Access Journals (Sweden)

Camelia Madalina Orac

2013-12-01

Full Text Available The global economic development model has proved to be insufficiently reliable under the new economic crisis. As a result, the entire theoretical construction about the global economy needs rethinking and reorientation. In this context, it is quite clear that only through effective use of specific techniques and tools of economic-mathematical modeling, statistics, regional analysis and economic forecasting it is possible to obtain an overview of the future economy.

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...

Symbolic convergence and the hydrogen economy

International Nuclear Information System (INIS)

Sovacool, Benjamin K.; Brossmann, Brent

2010-01-01

This article documents that the hydrogen economy continues to attract significant attention among politicians, the media, and some academics. We believe that an explanation lies in the way that the hydrogen economy fulfills psychological and cultural needs related to a future world where energy is abundant, cheap, and pollution-free, a 'fantasy' that manifests itself with the idea that society can continue to operate without limits imposed by population growth and the destruction of the environment. The article begins by explaining its research methodology consisting of two literature reviews, research interviews of energy experts, and the application of symbolic convergence theory, a general communications theory about the construction of rhetorical fantasies. We then identify a host of socio-technical challenges to explain why the creation of a hydrogen economy would present immense (and possibly intractable) obstacles, an argument supplemented by our research interviews. Next, we employ symbolic convergence theory to identify five prevalent fantasy themes and rhetorical visions-independence, patriotism, progress, democratization, and inevitability-in academic and public discussions in favor of the hydrogen economy. We conclude by offering implications for scholarship relating to energy policy more broadly.

Internal globalization of Western Balkan

Directory of Open Access Journals (Sweden)

Vukotić Veselin

2006-01-01

Full Text Available What are potential and real effects of the globalization process on the economic connection between Western Balkan countries? What is the crucial change in relations between Western Balkan countries and its economies inexorably brought by globalization? What are the elements of political economy of Western Balkan globalization? What are reflections of the conflict between political and economic areas of Western Balkan? These are some of the issues discuses in this paper.

Statistical Physics of Economic Systems: a Survey for Open Economies

Science.gov (United States)

Tao, Yong; Chen, Xun

2012-05-01

We extend the theoretical framework of an independent economy developed by Tao [Phys. Rev. E 82 (2010) 036118] so as to include multiple economies. Since the starting point of our framework is on the basis of the theory of the competitive markets of traditional economics, this framework shall be suitable for any free market. Our study shows that integration of world economies can decrease trade friction among economic systems, but may also cause a global economic crisis whenever economy disequilibrium occurs in any one of these economic systems.

Sustainable Mobility: Using a Global Energy Model to Inform Vehicle Technology Choices in a Decarbonized Economy

Directory of Open Access Journals (Sweden)

Timothy Wallington

2013-04-01

Full Text Available The reduction of CO2 emissions associated with vehicle use is an important element of a global transition to sustainable mobility and is a major long-term challenge for society. Vehicle and fuel technologies are part of a global energy system, and assessing the impact of the availability of clean energy technologies and advanced vehicle technologies on sustainable mobility is a complex task. The global energy transition (GET model accounts for interactions between the different energy sectors, and we illustrate its use to inform vehicle technology choices in a decarbonizing economy. The aim of this study is to assess how uncertainties in future vehicle technology cost, as well as how developments in other energy sectors, affect cost-effective fuel and vehicle technology choices. Given the uncertainties in future costs and efficiencies for light-duty vehicle and fuel technologies, there is no clear fuel/vehicle technology winner that can be discerned at the present time. We conclude that a portfolio approach with research and development of multiple fuel and vehicle technology pathways is the best way forward to achieve the desired result of affordable and sustainable personal mobility. The practical ramifications of this analysis are illustrated in the portfolio approach to providing sustainable mobility adopted by the Ford Motor Company.

Considerations on the Impact of the Global Financial Crisis on Economies from Eastern Europe

Directory of Open Access Journals (Sweden)

Lucian Belașcu

2016-01-01

Full Text Available The paper investigates the causes and consequences of the 2007-2008 global financial crisis on five Eastern European countries, namely the Czech Republic, Hungary, Poland, Romania and Russia, with the purpose of identifying the common points and the differences between these economies in terms of crisis impact, with an accent on their capital markets. Our findings indicate that although the countries under scrutiny have displayed somehow different paths of economic development before the crisis, they were affected, to a higher or smaller extent, by the financial crisis. Also, the crisis was felt in these countries, at least in terms of impact on capital markets, with different lags: in some of these countries the crisis hit at beginning of 2008, while in others signs of the crisis were visible only towards the end of 2008.

Tobacco industry globalization and global health governance: towards an interdisciplinary research agenda

Science.gov (United States)

Lee, Kelley; Eckhardt, Jappe; Holden, Chris

2016-01-01

Shifting patterns of tobacco production and consumption, and the resultant disease burden worldwide since the late twentieth century, prompted efforts to strengthen global health governance through adoption of the Framework Convention on Tobacco Control. While the treaty is rightfully considered an important achievement, to address a neglected public health issue through collective action, evidence suggests that tobacco industry globalization continues apace. In this article, we provide a systematic review of the public health literature and reveal definitional and measurement imprecision, ahistorical timeframes, transnational tobacco companies and the state as the primary units and levels of analysis, and a strong emphasis on agency as opposed to structural power. Drawing on the study of globalization in international political economy and business studies, we identify opportunities to expand analysis along each of these dimensions. We conclude that this expanded and interdisciplinary research agenda provides the potential for fuller understanding of the dual and dynamic relationship between the tobacco industry and globalization. Deeper analysis of how the industry has adapted to globalization over time, as well as how the industry has influenced the nature and trajectory of globalization, is essential for building effective global governance responses. This article is published as part of a thematic collection dedicated to global governance. PMID:28458910

Tobacco industry globalization and global health governance: towards an interdisciplinary research agenda.

Science.gov (United States)

Lee, Kelley; Eckhardt, Jappe; Holden, Chris

2016-01-01

Shifting patterns of tobacco production and consumption, and the resultant disease burden worldwide since the late twentieth century, prompted efforts to strengthen global health governance through adoption of the Framework Convention on Tobacco Control. While the treaty is rightfully considered an important achievement, to address a neglected public health issue through collective action, evidence suggests that tobacco industry globalization continues apace. In this article, we provide a systematic review of the public health literature and reveal definitional and measurement imprecision, ahistorical timeframes, transnational tobacco companies and the state as the primary units and levels of analysis, and a strong emphasis on agency as opposed to structural power. Drawing on the study of globalization in international political economy and business studies, we identify opportunities to expand analysis along each of these dimensions. We conclude that this expanded and interdisciplinary research agenda provides the potential for fuller understanding of the dual and dynamic relationship between the tobacco industry and globalization. Deeper analysis of how the industry has adapted to globalization over time, as well as how the industry has influenced the nature and trajectory of globalization, is essential for building effective global governance responses. This article is published as part of a thematic collection dedicated to global governance.

Financial Development and Unemployment in Emerging Market Economies

OpenAIRE

Bayar Yilmaz

2016-01-01

Financial sector has experienced significant expansion together with accelerating financial globalization in recent years and had important positive and negative economic implications for all the economies. This study investigates the interaction among unemployment, financial development and domestic investment in 16 emerging market economies during 2001-2014 period using panel data analysis. We found that there was long relationship among the variables and domestic investment had negative im...

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

International Nuclear Information System (INIS)

Lokolo, M.C.

2001-01-01

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

Towards an ammonia-mediated hydrogen economy?

DEFF Research Database (Denmark)

Christensen, Claus H.; Johannessen, Tue; Sørensen, Rasmus Zink

2006-01-01

Materialization of a hydrogen economy could provide a solution to significant global challenges, In particular. the possibility of improving the efficiency and simultaneously minimizing the environmental impact of energy conversion processes, together with the opportunity to reduce the dependency...

Education, Globalisation and the Future of the Knowledge Economy

Science.gov (United States)

Brown, Phillip; Lauder, Hugh; Ashton, David

2008-01-01

The dominant view today is of a global knowledge-based economy, driven by the application of new technologies, accelerating the shift to high-skilled, high-waged European economies. This view is reflected in the expansion of higher education and the key role of higher education in national and European economic policy. The Lisbon agenda seeks to…

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.

Interpreting the green economy: emerging discourses and their considerations for the Global South

CSIR Research Space (South Africa)

Faccer, K

2014-05-01

Full Text Available The green economy concept promises to provide a concrete roadmap to the implementation of sustainable development while delivering significant social and economic benefits and reduced environmental risks. However, the concept of a green economy...

Haptic seat for fuel economy feedback

Energy Technology Data Exchange (ETDEWEB)

Bobbitt, III, John Thomas

2016-08-30

A process of providing driver fuel economy feedback is disclosed in which vehicle sensors provide for haptic feedback on fuel usage. Such sensors may include one or more of a speed sensors, global position satellite units, vehicle pitch/roll angle sensors, suspension displacement sensors, longitudinal accelerometer sensors, throttle position in sensors, steering angle sensors, break pressure sensors, and lateral accelerometer sensors. Sensors used singlely or collectively can provide enhanced feedback as to various environmental conditions and operating conditions such that a more accurate assessment of fuel economy information can be provided to the driver.

Dilemmas for China: Energy, Economy and Environment

Directory of Open Access Journals (Sweden)

Xu Tang

2015-05-01

Full Text Available China’s current national policies promote high levels of economic growth, transforming China into a “world factory”, but at a high cost in terms of energy and the environment. At the same time, this growth and transformation also forms the backbone of China’s economy, underpinning social stability. China faces a dilemma to reconcile its economy, energy system and environmental security. Each aspect of this triad is discussed in this study to illuminate the challenges faced by China, and China’s dilemma in energy, economy and environment is analyzed from the perspective of its participation in current global supply chains. While China must import a significant proportion of its energy and a large proportion of primary materials, a large share of these imports are returned to the global market as industrial exports. China is bound by its own course of action and unable to radically change its position for the foreseeable future as the road to economic development and employment stability is through policies built on exports and shifting development models, presenting a tough socio-economic trade-off. China’s growth challenges are discussed as an example of challenges more broadly faced in the developing world. China’s success or failure in achieving a sustainable developmental pattern will inevitably have a significant influence on the global environment.

Nature of urban interventions in changing the old center of a globalizing Doha

OpenAIRE

Gharib, Remah; Salama, Ashraf

2017-01-01

Doha, Qatar is continuously positioning itself at the forefront of international urbanism with different qualities of expression in terms of economy, culture, and global outlook, and is characterized by fast-tracked urban development process with large-scale urban interventions in the old center. Although the unprecedented urban growth of this city continues to be a subject of discussion, little attention has been given to investigate the new interventions and the resulting effects they have ...

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

Directory of Open Access Journals (Sweden)

Elizabeta Tosheva

2016-01-01

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

Development of international labor migration in the dynamics of globalization processes

Directory of Open Access Journals (Sweden)

Rubinskaya Eteri, D.

2015-03-01

Full Text Available The current characteristics of international migration caused by the qualitative changes that occur in the global economy under influence of increasing globalization. The paper attempts to suggest periodization of the global economy development and to identify features of international labor migration occurred under the influence of deep changes in the world economy. During this period, the author identifies three stages in the formation of globalization, the transition criterion from one to other is the degree of world economy changes under the influence of the productive forces development and the major social and political transformations resulted in qualitative changes in the processes of international labor migration. At the same time in the context of globalization the place and role of international labor migration changes in the global economy system: migration becomes a means of promoting the globalization of countries and regions, the most important factor of demographic development and economic growth.

40 CFR 600.510-08 - Calculation of average fuel economy.

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 29 2010-07-01 2010-07-01 false Calculation of average fuel economy. 600.510-08 Section 600.510-08 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for Model Year 1978 Passenger Automobiles...

40 CFR 600.510-93 - Calculation of average fuel economy.

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 29 2010-07-01 2010-07-01 false Calculation of average fuel economy. 600.510-93 Section 600.510-93 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for Model Year 1978 Passenger Automobiles...

40 CFR 600.510-86 - Calculation of average fuel economy.

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 29 2010-07-01 2010-07-01 false Calculation of average fuel economy. 600.510-86 Section 600.510-86 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for Model Year 1978 Passenger Automobiles...

A general equilibrium view of global rebound effects

International Nuclear Information System (INIS)

Wei Taoyuan

2010-01-01

How do energy efficiency gains affect energy consumption? The effects are generally called 'rebound effects' in the literature. Previous studies have extensively focused on only part of the global economy to study rebound effects, e.g. energy consumption by households, one industry, or one country. However, since the global economy is highly connected among countries, these studies may lead to misleading conclusions if the rebound effects in the rest of the economy are significant. Recently Saunders (2008) analyzes the demand side by taking the global economy as a whole. Wei (2007) also provides a general analysis by using Cobb-Douglas production functions for the global economy. The present article expands Wei (2007) general analysis to explore the rebound effects from an economist's viewpoint by taking the global economy as a whole and applying general forms of production functions. The analysis provides new insights related to rebound effects: we highlight the role of energy supply as a determinant of rebound. We show that the substitution between energy resources and other productive resources is more relevant to long term rebound. We predict that long term rebound may be lower than short term rebound. And we also discover that super-conservation can happen in both the short term and the long term.

International entrepreneurship research in emerging economies : A critical review and research agenda

NARCIS (Netherlands)

Kiss, A.N.; Danis, W.D.; Cavusgil, S.T.

This article systematically reviews and critically examines international entrepreneurship research in emerging economies (IEEE research), and articulates its importance, timeliness and relevance in consideration of the growing influence of emerging markets in the global economy. A systematic

Asymmetric Effects of Global Liquidity Expansion on Foreign Portfolio Inflows, Exchange Rates, and Stock Prices

Directory of Open Access Journals (Sweden)

Dong-Eun Rhee

2014-06-01

Full Text Available This paper examines the effects of global liquidity expansion on advanced and emerging economies by using panel VAR methodology. The results show that global liquidity expansion tends to boost economy by increasing GDP growth and stock prices. However, we find that the effects are asymmetric. The effects of global liquidity on GDP and stock prices are greater and more persistent in emerging economies than in liquidity recipient advanced economies. Moreover, global liquidity appreciates emerging economies' exchange rates more persistently than those of advanced economies. Lastly, while global liquidity expansion increases foreign portfolio investment inflows to Asian countries and liquidity recipient advanced economies, there is no evidence for Latin American countries.

Knowledge economy readiness, innovativeness and competitiveness of the Western Balkan countries

Directory of Open Access Journals (Sweden)

Cvetanović Slobodan

2015-01-01

Full Text Available The Western Balkan countries have set themselves the goal to join the European Union as soon as possible. Accordingly, they must adjust the key components of their development policies to the Europe 2020 strategy, focusing on key priorities such as smart, sustainable and inclusive growth. This paper explores the relationship among knowledge economy readiness, innovativeness, and competitiveness of six Western Balkan countries (Albania, Bosnia and Herzegovina, Macedonia, Serbia, Croatia, and Montenegro and the group of six selected neighboring EU countries (Austria, Bulgaria, Greece, Hungary, Romania, and Slovenia. The paper relies on the data obtained from the Knowledge Economy Index of the World Bank Institute, INSEAD's Global Innovation Index and the Global Competitiveness Index of the World Economic Forum for 2013. Obtained data from all three sources indicated significantly lower readiness for the development of economy based on knowledge, innovation and competitiveness in the Western Balkans countries in comparison to the selected EU countries. The analysis of the interdependence of the aforementioned variables points to: a statistically significant correlation between the indicator knowledge economy index and the global innovation index for both groups of countries; b statistically significant linear correlation between innovativeness and innovation efficiency ratio for the Western Balkan countries. Conversely, no respective correlation has been registered for the group of selected EU countries; c no statistically significant correlation between the global innovation index and the global competitiveness index in the Western Balkan countries, while in respect of the group of selected EU countries, the existence of significant linear correlation between these variables has been revealed.

Construction of a novel economy-climate model

Institute of Scientific and Technical Information of China (English)

CHOU JieMing; DONG WenJie; YE DuZheng

2007-01-01

An attempt has been made to construct a novel economy-climate model by combining climate change research with agricultural economy research to evaluate the influence of global climate change on grain yields. The insertion of a climate change factor into the economic C-D (Cobb-Dauglas) production function model yields a novel evaluation model, which connects the climate change factor to the economic variation factor, and the performance and reasonableness of the novel evaluation model are also preliminarily simulated and verified.

40 CFR 600.209-85 - Calculation of fuel economy values for labeling.

Science.gov (United States)

2010-07-01

... (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1977 and Later Model Year Automobiles-Procedures for Calculating Fuel Economy Values § 600.209... 40 Protection of Environment 29 2010-07-01 2010-07-01 false Calculation of fuel economy values for...

40 CFR 600.209-95 - Calculation of fuel economy values for labeling.

Science.gov (United States)

2010-07-01

... (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1977 and Later Model Year Automobiles-Procedures for Calculating Fuel Economy Values § 600.209... 40 Protection of Environment 29 2010-07-01 2010-07-01 false Calculation of fuel economy values for...

Globalization : the challenge of the 1990s for the chemical industry

International Nuclear Information System (INIS)

Wilcock, D.

1992-01-01

The challenges facing the chemical industry in Canada were discussed. In recent years, Canada has scored low in polls measuring public confidence in the chemical industry. The industry is also suffering from continuing recession, global competition, increased environmental demands and strict legislation. The impact of globalization, total quality management, free trade, environmental concerns, and government policies on the chemical industry were reviewed. In the view of this author (President and CEO of Dow Chemicals) globalization is not a matter of choice, it is an industry imperative. Survival in the globalized economy will require not only to be successful competitors, but even more importantly to be successful cooperators with other stakeholders, and successful in forming partnerships with customers

Towards continuous global measurements and optimal emission estimates of NF3

Science.gov (United States)

Arnold, T.; Muhle, J.; Salameh, P.; Harth, C.; Ivy, D. J.; Weiss, R. F.

2011-12-01

We present an analytical method for the continuous in situ measurement of nitrogen trifluoride (NF3) - an anthropogenic gas with a global warming potential of ~16800 over a 100 year time horizon. NF3 is not included in national reporting emissions inventories under the United Nations Framework Convention on Climate Change (UNFCCC). However, it is a rapidly emerging greenhouse gas due to emission from a growing number of manufacturing facilities with increasing output and modern end-use applications, namely in microcircuit etching, and in production of flat panel displays and thin-film photovoltaic cells. Despite success in measuring the most volatile long lived halogenated species such as CF4, the Medusa preconcentration GC/MS system of Miller et al. (2008) is unable to detect NF3 under remote operation. Using altered techniques of gas separation and chromatography after initial preconcentration, we are now able to make continuous atmospheric measurements of NF3 with average precisions NF3 produced. Emission factors are shown to have reduced over the last decade; however, rising production and end-use have caused the average global atmospheric concentration to double between 2005 and 2011 i.e. half the atmospheric NF3 present today originates from emissions after 2005. Finally we show the first continuous in situ measurements from La Jolla, California, illustrating how global deployment of our technique could improve the temporal and spatial scale of NF3 'top-down' emission estimates over the coming years. These measurements will be important for independent verification of emissions should NF3 be regulated under a new climate treaty.

History, Structure and Agency in Global Health Governance; Comment on “Global Health Governance Challenges 2016 – Are We Ready?”

Directory of Open Access Journals (Sweden)

Stephen Gill

2017-04-01

Full Text Available Ilona Kickbusch’s thought provoking editorial is criticized in this commentary, partly because she fails to refer to previous critical work on the global conditions and policies that sustain inequality, poverty, poor health and damage to the biosphere and, as a result, she misreads global power and elides consideration of the fundamental historical structures of political and material power that shape agency in global health governance. We also doubt that global health can be improved through structures and processes of multilateralism that are premised on the continued reproduction of the ecologically myopic and socially unsustainable market civilization model of capitalist development that currently prevails in the world economy. This model drives net financial flows from poor to rich countries and from the poor to the affluent and super wealthy individuals. By contrast, we suggest that significant progress in global health requires a profound and socially just restructuring of global power, greater global solidarity and the “development of sustainability.”

DEEPENING SOCIAL INEQUALITIES AND SLOWING DOWN ECONOMIC GROWTH DUE TO CORRUPTION, UNDERGROUND ECONOMY AND TAX EVASION

Directory of Open Access Journals (Sweden)

Adrian-Ducu, MATEI

2014-11-01

Full Text Available The article highlights some sources of inequalities in a globalized world which does not only generate positive impact. In the event it is mismanaged, globalization can give life to a mechanism facilitating tax evasion and, in the same time, ensuring for a small group of individuals, a power position not only when negotiating inside a company but also across the political life of a society. Moreover, the most important traits of corruption and underground economy are marked out in relation to the deepening of social inequality in Romania. These negative phenomena are also present due to the malfunctioning of the market, strengthened monopolies, hindered competition and excessive use of asymmetric information. In the current context of an economic and financial crisis, one much linked to trust, phenomena such as corruption, underground economy and tax evasion have become omnipresent, hot topics in both Romania and Europe. This is how the economy is taken over and significant resources of the public budget are missed by the state. The consequences are severe and can lead to incapacity to ensure a decent standard of living and ultimately social peace. A continuous attempt to curb these phenomena could and should be a priority and a method to settle the public financial equilibrium in Europe and in Romania in particular.

Crisis in Eastern Europe : The Downside of a Market Economy Revealed?

NARCIS (Netherlands)

Hoen, Herman W.

After the collapse of communism, the Central and Eastern European countries decided to implement a market economy embedded in a democratic order. A constituent element of the transition was a fully-fledged integration with the global economy. One of the consequences of this integration is that the

Knowledge-Based Economy in Argentina, Costa Rica and Mexico: A Comparative Analysis from the Bio-Economy Perspective

Directory of Open Access Journals (Sweden)

Ana Barbara MUNGARAY-MOCTEZUMA

2015-06-01

Full Text Available The objective of this article is to determine the necessary institutional characteristics of technology and human capital in Argentina, Costa Rica and Mexico in order to evolve towards a knowledge-based economy, addressing the importance of institutions for their development. In particular, the knowledge-based economy is analyzed from the perspective of bioeconomics. Based on the Knowledge Economy Index (KEI which considers 148 indicators, in the following categories: a economic performance and institutional regime; b education and human resources, c innovation, and d information and communication technologies, we selected 13 indicators. We aim to identify the strengths and opportunities for these countries in order to meet the challenges that arise from the paradoxes of technological progress and globalization. In this sense, bioeconomy is approached as part of the economy. This analysis shows, among other things, that Argentina has greater potential to compete in an economy sustained in the creation and dissemination of knowledge, while Costa Rica has an institutional and regulatory environment that is more conducive to the development of business activities, and Mexico faces significant challenges regarding its institutional structure, economic performance and human resources.

Globalization and economic cooperation

Directory of Open Access Journals (Sweden)

Javier Divar

2006-12-01

Full Text Available Economic globalization is nothing, really, that the universality of capitalism. Not globalized culture, and economic participation, and human rights, ... has only globalized market. We must react by substituting those materialistic values with cooperative economy.

Macroecology Meets Macroeconomics: Resource Scarcity and Global Sustainability.

Science.gov (United States)

Brown, James H; Burger, Joseph R; Burnside, William R; Chang, Michael; Davidson, Ana D; Fristoe, Trevor S; Hamilton, Marcus J; Hammond, Sean T; Kodric-Brown, Astrid; Mercado-Silva, Norman; Nekola, Jeffrey C; Okie, Jordan G

2014-04-01

The current economic paradigm, which is based on increasing human population, economic development, and standard of living, is no longer compatible with the biophysical limits of the finite Earth. Failure to recover from the economic crash of 2008 is not due just to inadequate fiscal and monetary policies. The continuing global crisis is also due to scarcity of critical resources. Our macroecological studies highlight the role in the economy of energy and natural resources: oil, gas, water, arable land, metals, rare earths, fertilizers, fisheries, and wood. As the modern industrial technological-informational economy expanded in recent decades, it grew by consuming the Earth's natural resources at unsustainable rates. Correlations between per capita GDP and per capita consumption of energy and other resources across nations and over time demonstrate how economic growth and development depend on "nature's capital". Decades-long trends of decreasing per capita consumption of multiple important commodities indicate that overexploitation has created an unsustainable bubble of population and economy.

Financial Stabilisation of Global Economy Countries under Conditions of the Debt Crisis

Directory of Open Access Journals (Sweden)

Vovchenko Natalia G.

2014-01-01

Full Text Available European crisis hinders global restoration of economy, the growth of restoration slows down. All these require supranational solutions: creatio9n of regulation structures and new financial instruments in order to preserve stable world financial order. Methods of quantitative easing (QE, carried out by the American Federal Reserve System and Bank of England, aim at stimulation of private sector activity through reduction of loan cost, generation of positive effects of well-being and increase of investment income. Purchase of assets efficiently move dangerous financial assets from private sector to the balance of the central bank or special QE fund in exchange to risk free reserves of the central bank. Thus, both types of measures are performed by means of risks, accumulating on balances of central banks and indirectly on the balance of state administration. Exchange of information between relevant agencies, including debt administration office, state enterprises that administer assets and central bank, is important for efficient administration of all state assets and liabilities. Proper assessment of financial positions requires all-sided and transparent reporting of all state liabilities and assets. Besides, financial transparency facilitates consolidation.

Michel Houellebecq and the International Sexual Economy

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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.

Contradictions of international migration in terms of political economy

Directory of Open Access Journals (Sweden)

Josifidis Kosta

2016-01-01

Full Text Available The political economy approach that entails critical arguments in relation to the processes of migration in neoliberal terms is developed in the paper. Starting with the account that migration covers as broad issues as politics, economics and population dynamic, the authors address the issue of migration in the political economy circuits of neoliberalization. In fact, the main line of argument is connected to the political economy as the relevant discursive frame and explanatory principle for the articulation of the complexity of migration. Critical arguments relating to the processes of migration in the neoliberal context thematize the mechanism of implemented flexibilisation and deregulation of labor. Demographic dynamics is essential in this context, but the authors intend to identify those political economy processes that lead to high precariousness, to various forms of temporary labor which are closely associated with forced labor forms. The category of forced labor is emphasized in the contemporary forms of migration, because this mode of labor facilitates the migration throughout the world. Furthermore, the authors point out the contradictory position of the state in relation to the migration-processes and analyse the authoritarian statism. This argumentation leads to articulation of the contradictory position of neoliberalization. The neoliberal discourses bring out the critical stance concerning the supremacy of the state, but it plays a key role in the regulation of migration. The state exposed to migration is faced with the contradictory demands. The globalization indicates the world without borders but is faced with the same contradictions. It is no coincidence that the intention of the reconceptualizations of globalization are interested in promoting global public goods. The processes of privatization in the sphere of the regulation of migration sharpen the contradictions of migration in the context of neoliberalization. The

White hats or Don Quixotes? Human rights vigilantes in the global economy

OpenAIRE

Kimberly Ann Elliot; Richard B. Freeman

2004-01-01

With the continuing expansion of global economic integration, labor standards in developing countries have become a hot button issue. One result has been a proliferation of efforts to use the market to put pressure directly on multinational corporations to improve wages and working conditions in their overseas operations and to insist that their suppliers do so as well. This paper analyzes the dynamics of these efforts in terms of a 'market for standards' in which consumers, stimulated by hum...

Managers and Engineer Economists in the Development of the Social Economy

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RADA Ioan Constantin

2013-05-01

Full Text Available In order to face globalization effectively, it is clear that we must learn to manage it better, paying more attention to poor areas and people. We must pay attention to other values beside profits and GDP.Unfortunately, the international institutions (International Monetary Fund, World Bank, World Trade Organization responsible for establishing and managing the global economy have made it in a waymarked by shortcomings. Deficiencies in terms of democracy, through certain interests (agriculture, oil, medicine, etc. of economically advanced countries. Also, there is imbalance in the priority list and the results of each area of globalization. Managers and engineer economists have to deal with it by recognizing that globalization will put pressure on destructuring national economies (through the disappearance of some industries reducing wages, the need for training and reconversion of workforce.

Brazilian Role in the Global Value Chains

OpenAIRE

Joaquim José Martins Guilhoto; Denise Imori

2014-01-01

In recent past, the global value chains have increasingly become more pervasive in the productive processes around the world and thus decisively affect how each country is integrated in a reshaped global economy. Understanding the role of the economies in the global value chains can help national and local governments to develop more effective responses to the challenges that are imposed by globalization. The present paper focuses Brazil, whose rate of economic openness is generally considere...

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.

The Circular Economy: In Practice-focused Undergraduate Engineering Education

DEFF Research Database (Denmark)

Knudby, Torben; Larsen, Samuel

2017-01-01

The growth of the planet’s population makes the traditional industrial model of “take, make and waste” unsustainable. The circular economy, in which resources are continuously reused, offers a solution. For manufacturers of durable goods the circular economy requires a well-functioning circular...

40 CFR 600.211-08 - Sample calculation of fuel economy values for labeling.

Science.gov (United States)

2010-07-01

... AGENCY (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1977 and Later Model Year Automobiles-Procedures for Calculating Fuel Economy... 40 Protection of Environment 29 2010-07-01 2010-07-01 false Sample calculation of fuel economy...

Agrofuels capitalism: a view from political economy

NARCIS (Netherlands)

B.N.F. White (Benjamin); A. Dasgupta (Anirban)

2010-01-01

textabstractThis 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

GLOBALIZATION AND FOREIGN DIRECT INVESTMENTS

Directory of Open Access Journals (Sweden)

Elena Chirilă – Donciu

2013-07-01

Full Text Available Mobilizing financial resources to cover investment needs is a concern of all countries, developed or developing ones, of consolidated market economies or emerging ones. A distinctive characteristic of Global Economy over the last few decades has been the rising rate and impressive increase in Foreign Direct Investment (FDI. The purpose of this research is to analyse global FDI inflows in Europe and in Romania. The results of the research support the idea that the balance of economic power is changing in the world economy and the countries that own a stable and solid industrial base are at an advantage. The new trends determined by the economic crisis in the field of FDI refer to the growing percentage of developing and emerging countries in the global flows of FDI.

Competitive intelligence in emerging economies: A comparative study between Brazil and South Africa

Directory of Open Access Journals (Sweden)

N Sewdass

2015-07-01

Full Text Available Competitive intelligence (CI has long been recognised as a strategic management tool that could enhance competitiveness. CI is expected to play an essential developmental role in emerging economies. The need to enhance companies’ competitiveness has grown rapidly. CI is essential, and will increasingly be a challenge in the years to come, especially for emerging economies. This article will compare CI activities in South Africa with CI activities in Brazil. Companies in these two countries have faced increased environmental uncertainty and increasingly there is a need to compete. A questionnaire survey methodology was used where questionnaires were administered to CI experts in organisations in South Africa and Brazil. The findings of the study revealed that only a limited number of organisations in Brazil and South Africa recognise the importance of a CI unit. It was also interesting to note that the CI function is more mature in South Africa than in Brazil. As Brazil and South Africa become more integrated into the global economy, it stands to reason that the global economy will have more of an impact on the countries’ economies. To this end it has become more crucial to monitor global events and trends and it is very important for both countries to develop a CI culture.

COMPETITIVENESS FOR SUSTAINABLE ECONOMIES

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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.

Global Megacities Differing Adaptation Responses to Climate Change: an Analysis of Annual Spend of Ten Major cities on the adaptation economy

Science.gov (United States)

Maslin, M. A.; Georgeson, L.

2015-12-01

Urban areas are increasingly at risk from climate change with negative impacts predicted for human health, the economy and ecosystems. These risks require responses from cities, to improve the resilience of their infrastructure, economy and environment to climate change. Policymakers need to understand what is already being spent on adaptation so that they can make more effective and comprehensive adaptation plans. Through the measurement of spend in the newly defined 'Adaptation Economy' we analysis the current efforts of 10 global megacities in adapting to climate change. These cities were chosen based on their size, geographical location and their developmental status. The cities are London, Paris, New York, Mexico City, Sao Paulo, Beijing, Mumbai, Jakarta, Lagos and Addis Ababa. It is important to study a range of cities in different regions of the world, with different climates and at different states of socio-economic development. While in economic terms, disaster losses from weather, climate and geophysical events are greater in developed countries, fatalities and economic losses as a proportion of GDP are higher in developing countries. In all cities examined the Adaptation Economy is still a small part of the overall economy accounting for a maximum of 0.3% of the Cities total GDP (GDPc). The differences in total spend are significant between cities in developed and rapidly emerging countries, compared to those in developing countries with a spend ranging from £16 million to £1,500 million. Comparing key sub sectors, we demonstrate that there are distinctive adaptation profiles with developing cities having a higher relative spend on health, while developed cities have a higher spend on disaster preparedness, ICT and professional services. Comparing spend per capita and as a percentage of GDPc demonstrates even more clearly disparities between the cities in the study; developing country cities spend half as much as a proportion of GPCc in some cases, and

Globalization

OpenAIRE

Andru?cã Maria Carmen

2013-01-01

The field of globalization has highlighted an interdependence implied by a more harmonious understanding determined by the daily interaction between nations through the inducement of peace and the management of streamlining and the effectiveness of the global economy. For the functioning of the globalization, the developing countries that can be helped by the developed ones must be involved. The international community can contribute to the institution of the development environment of the gl...

An Asian perspective on global financial reforms

OpenAIRE

Morgan, Peter J.; Pontines, Victor

2013-01-01

The purpose of this study is to better understand the likely impact on Asian economies and financial institutions of various recent global financial reforms, including Basel III capital adequacy and liquidity rules. Part one reviews the lessons of the global financial crisis (GFC) of 2007–09 and their relevance for Asian economies. Part two describes the major regulatory reforms that have been announced and possible concerns about their impacts on emerging economies. Part three reviews the ...

Integrasi Ekonomi Asia: Solusi Asia Menghadapi Krisis Global 2008

OpenAIRE

Adrian Hidayat

2008-01-01

No economies throughout the region managed to escape from the "global economic crisis in 2008" that was initiated in the United States. This is a logical consequence of the global economy that has been rolling along. The world economy is increasingly becoming more integrated and interdependent with one another. Exposure stems from the economic crisis in the prolonged United States subprime mortgage financial crisis, and eventually dragged the European economy, and also Asia. The Asian region ...

American cities, global networks: mapping the multiple geographies of globalization in the Americas

NARCIS (Netherlands)

Toly, N.J.; Bouteligier, S.; Smith, G.; Gibson, B.

2012-01-01

The mapping of advanced producer and financial service firms across global cities began to increase understanding of the role of cities in global governance, the presence and influence of cities in the shifting architecture of global political economy, and the role of globalization in shaping the

A hybrid energy-economy model for global integrated assessment of climate change, carbon mitigation and energy transformation

International Nuclear Information System (INIS)

Cai, Yiyong; Newth, David; Finnigan, John; Gunasekera, Don

2015-01-01

Highlights: • This paper introduces the design of a hybrid energy-economy model, GTEM-C. • The model offers a unified tool to analyse the energy-carbon-environment nexus. • Results are presented on global energy transformation due to carbon mitigation. • Electrification with renewable energies can contain the spiking of carbon prices. - Abstract: This paper introduces the design of the CSIRO variant of the Global Trade and Environment model (GTEM-C). GTEM-C is a hybrid model that combines the top-down macroeconomic representation of a computable general equilibrium model with the bottom-up engineering details of energy production. The model features detailed accounting for global energy flows that are embedded in traded energy goods, and it offers a unified framework to analyse the energy-carbon-environment nexus. As an illustrative example, we present simulation results on global energy transformation under the Intergovernmental Panel on Climate Change’s representative carbon pathways 4.5 and 8.5. By testing the model’s sensitivity to the relevant parameter, we find that the pace of electrification will significantly contain the spiking of carbon prices because electricity can be produced from carbon-free or less carbon-intensive technologies. The decoupling of energy use and carbon footprint, due to the uptake of clean electricity technologies, such as nuclear, wind, solar, and carbon capture and storage, allows the world to maintain high level of energy consumption, which is essential to economic growth

Trading away what kind of jobs? Globalization, trade and tasks in the US economy.

Science.gov (United States)

Kemeny, Thomas; Rigby, David

2012-04-01

Economists and other social scientists are calling for a reassessment of the impact of international trade on labor markets in developed and developing countries. Classical models of globalization and trade, based upon the international exchange of finished goods, fail to capture the fragmentation of much commodity production and the geographical separation of individual production tasks. This fragmentation, captured in the growing volume of intra-industry trade, prompts investigation of the effects of trade within, rather than between, sectors of the economy. In this paper we examine the relationship between international trade and the task structure of US employment. We link disaggregate US trade data from 1972 to 2006, the NBER manufacturing database, the Decennial Census, and occupational and task data from the Dictionary of Occupational Titles. Within-industry shifts in task characteristics are linked to import competition and technological change. Our results suggest that trade has played a major role in the growth in relative demand for nonroutine tasks, particularly those requiring high levels of interpersonal interaction.

The Clean Air Act and the Economy

Science.gov (United States)

Since 1970, cleaner air and a growing economy have gone hand in hand. The Act has created market opportunities that have helped to inspire innovation in cleaner technologies for which the United States has become a global market leader.

The Global Economic Crisis and the Global Accumulation of Capital

Directory of Open Access Journals (Sweden)

Wojciech Błasiak

2010-06-01

Full Text Available The article presents a thesis that the current global economic crisis is the Second Great Depression, after the First Great Depression of the 30s. This is a global crisis of capital accumulation, which is caused by insufficient global demand. The author analy - ses the theoretical output of John Maynard Keynes, Michał Kalecki, Paul Baran and Paul Sweezy. The post-war „Golden Age” of the capitalist economy ended in 1973 with a de - ep stag flation of the 70s and 80s. Capitals searching for profitable investment, started to be invested in financial speculation, growing since the 80s. This speculation was enabled on a global scale by the Washington Consensus in the 90s. The explosion of financializa - tion of the global economy began. The author presents the analyses of Paul Sweezy and Harry Magdoff, who argued that this was financialization of global accumulation of ca - pital in a form of world financial speculation. This process was completed by the finan - cial crash in 2008, which was the implosion of global speculative balloons. Economics and global economic policy faced challenges of creating new world economic order.

Globalization of the world economy

Energy Technology Data Exchange (ETDEWEB)

Adelman, M.A. [Massachusetts Inst. of Technology, Center for Energy and Environmental Policy Research, Cambridge, MA (United States)

1996-12-01

Global trade has been growing for some 400 years. Comparing the present with 1914, there are several major changes: speed of communication and travel, the ease of moving financial assets, the growth in the Asian countries and the end of colonialism. The impact of this economic-political change in forces has a market effect on the energy industry and examples are explained. (UK)

THE GLOBAL MARITIME PORTS IN LOGISTICS CHAINS AND SUPPLY NETWORKS

Directory of Open Access Journals (Sweden)

Henryk SALMONOWICZ

2014-12-01

Full Text Available This article applies to the new role of seaports in the global economy and logistics. The paper presents trends in the development of the world economy and the dynamics of global trade. Attention was drawn to the role of different modes of transport to use global trade, especially on transcontinental nature of sea and air transport. The influence of the processes taking place in the global economy on a new role of seaports in the mass movement of cargo between points of origin and reception.

Stratospheric cooling and polar ozone loss due to H2 emissions of a global hydrogen economy

Science.gov (United States)

Feck, T.; Grooß, J.-U.; Riese, M.; Vogel, B.

2009-04-01

"Green" hydrogen is seen as a major element of the future energy supply to reduce greenhouse gas emissions substantially. However, due to the possible interactions of hydrogen (H2) with other atmospheric constituents there is a need to analyse the implications of additional atmospheric H2 that could result from hydrogen leakage of a global hydrogen infrastructure. Emissions of molecular H2 can occur along the whole hydrogen process chain which increase the tropospheric H2 burden. Across the tropical tropopause H2 reaches the stratosphere where it is oxidised and forms water vapour (H2O). This causes increased IR-emissions into space and hence a cooling of the stratosphere. Both effects, the increase of stratospheric H2O and the cooling, enhances the potential of chlorine activation on liquid sulfate aerosol and polar stratospheric clouds (PSCs), which increase polar ozone destruction. Hence a global hydrogen economy could provoke polar ozone loss and could lead to a substantial delay of the current projected recovery of the stratospheric ozone layer. Our investigations show that even if 90% of the current global fossil primary energy input could be replaced by hydrogen and approximately 9.5% of the product gas would leak to the atmosphere, the ozone loss would be increased between 15 to 26 Dobson Units (DU) if the stratospheric CFC loading would retain unchanged. A consistency check of the used approximation methods with the Chemical Lagrangian Model of the Stratosphere (CLaMS) shows that this additional ozone loss can probably be treated as an upper limit. Towards more realistic future H2 leakage rate assumptions (< 3%) the additional ozone loss would be rather small (? 10 DU). However, in all cases the full damage would only occur if stratospheric CFC-levels would retain unchanged. Due to the CFC-prohibition as a result of the Montreal Protocol the forecasts suggest a decline of the stratospheric CFC loading about 50% until 2050. In this case our calculations

International migration of health professionals and the marketization and privatization of health education in India: from push-pull to global political economy.

Science.gov (United States)

Walton-Roberts, Margaret

2015-01-01

Health worker migration theories have tended to focus on labour market conditions as principal push or pull factors. The role of education systems in producing internationally oriented health workers has been less explored. In place of the traditional conceptual approaches to understanding health worker, especially nurse, migration, I advocate global political economy (GPE) as a perspective that can highlight how educational investment and global migration tendencies are increasing interlinked. The Indian case illustrates the globally oriented nature of health care training, and informs a broader understanding of both the process of health worker migration, and how it reflects wider marketization tendencies evident in India's education and health systems. The Indian case also demonstrates how the global orientation of education systems in source regions is increasingly central to comprehending the place of health workers in the global and Asian rise in migration. The paper concludes that Indian corporate health care training systems are increasingly aligned with the production of professionals orientated to globally integrated health human resource labour markets, and our conceptual analysis of such processes must effectively reflect these tendencies. Copyright © 2014 Elsevier Ltd. All rights reserved.

Changing the paradigm of management of innovative activity in the conditions of transformation of economy

Directory of Open Access Journals (Sweden)

O. O. Lukina

2016-01-01

Full Text Available The article describes the approaches to the development of innovation management as a management type from the traditional management, represented by Taylor's, A. Fayolle, G. Hemelom and others. There was a connection transformation of the economy and changes in the management of enterprises, aimed at the competitiveness of the market. Under the terms of the transformation of the economy the author has in mind the following factors: the knowledge economy and the new economy, forecastng and strategic planning at the enterprise and the economy in general, mass marketing and the development of global markets, non-stop process of development of knowledge, forming goal of a competitive economy. Under the innovative activity of the author understands the system of creation, dissemination and use of new types of products, actively or market, providing competitive state of the enterprise. Abstract Innovational management stages: the classic theory justifying the application of new knowledge in organizations, transforming them into new products, management by objectives, technology development and cost reduction, human capital theory, management personnel training school. Emphasizes the principles of school education, such as the complexity and unpredictability of the environment, the impossibility of planning control, since it must be continuously updated study is necessary to all the staff, including managers as a potential strategy, learning involves retrospektive thinking, allows us to analyze the previous steps organization. Abstract forms of knowledge are needed in innovation in the transformation of the economy: group, individual, and others, be implied in the innovation process. In addition, a group distinguished knowledge in the innovation of the type of trainin g, according to the method of scientific activities, as well as sources of information.

Efficiency, sustainability and global warming

International Nuclear Information System (INIS)

Woodward, Richard T.; Bishop, Richard C.

1995-01-01

Economic analyses of global warming have typically been grounded in the theory of economic efficiency. Such analyses may be inappropriate because many of the underlying concerns about climate change are rooted not in efficiency, but in the intergenerational allocation of economic endowments. A simple economic model is developed which demonstrates that an efficient economy is not necessarily a sustainable economy. This result leads directly to questions about the policy relevance of several economic studies of the issue. We then consider policy alternatives to address global warming in the context of economies with the dual objectives of efficiency and sustainability, with particular attention to carbon-based taxes

Global status of hydrogen research

Energy Technology Data Exchange (ETDEWEB)

Lakeman, J.B.; Browning, D.J.

2001-07-01

This report surveys the global status of hydrogen research and identifies technological barriers to the implementation of a global hydrogen economy. It is concluded that there will be a 30 year transition phase to the full implementation of the hydrogen economy. In this period, hydrogen will be largely produced by the reformation of hydrocarbons, particularly methane. It will be necessary to ensure that any carbonaceous oxides (and other unwanted species) formed as by-products will be trapped and not released into the atmosphere. Following the transition phase, hydrogen should be largely produced from renewable energy sources using some form of water cracking, largely electrolysis. Target performances and costs are identified for key technologies. The status of hydrogen research in the UK is reviews and it is concluded that the UK does not have a strategy for the adoption of the hydrogen economy, nor does it have a coherent and co-ordinated research and development strategy addressing barriers to the hydrogen economy. Despite this fact, because of the long transition phase, it is still possible for the UK to formulate a coherent strategy and make a significant contribution to the global implementation of the hydrogen economy, as there are still unresolved technology issues. The report concludes with a number of recommendations. (Author)

The hydrogen economy- A debate on the merits

CSIR Research Space (South Africa)

Van Vuuren, DS

2007-01-01

Full Text Available stream_source_info van Vuuren_2007.pdf.txt stream_content_type text/plain stream_size 5193 Content-Encoding UTF-8 stream_name van Vuuren_2007.pdf.txt Content-Type text/plain; charset=UTF-8 The Hydrogen Economy A Debate... cheapest alternative. • The Hydrogen Economy or its alternative will only really take off when cheap coal production begins to peak Slide 10 © CSIR 2006 www.csir.co.za Global Warming • The risk is real, but the debate...

Essays in financial intermediation and political economy

NARCIS (Netherlands)

Luo, Mancy

2017-01-01

This thesis consists of three chapters in financial intermediation and political economy. The first chapter studies how investors’ preference for local stocks affects global mutual funds’ investment behaviors, and shows that mutual funds overweight stocks from their client countries (i.e., where

Circular economy measures to keep plastics and their value in the economy, avoid waste and reduce marine litter

OpenAIRE

Ten Brink, Patrick; Schweitzer, Jean-pierre; Watkins, Emma; De Smet, Michel; Leslie, Heather; Galgani, Francois

2017-01-01

We live in the plastic age (the “plasticene”), producing over 300 million tonnes (mt) of plastic every year globally, 5-15 mt of which flow into already polluted oceans. Plastic remains a key material in the global economy, but low rates of collection, reuse and recycling, emissions of microplastic from product wear and tear, and often insufficient disposal measures are leading to far-reaching environmental, health, social and economic impacts. The costs of inaction are unacceptably high. Glo...

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.

Statistical Study of Transformation Changes in the Ukrainian Economy

Directory of Open Access Journals (Sweden)

O. V.

2017-12-01

Full Text Available The article deals with the economic diagnostics of some important macroeconomic indicators of Ukraine that will reveal the nature and speed of the economic transformation. During the period of 2003–2007, the Ukrainian economy grew at an impressive pace. However, at present, the country is undergoing a period of serious trials, it needs to address structural problems that endanger long-term economic growth. The way out of the current situation should be the realization of the potential for growth of advanced sectors and increase of productivity across the national economy. Special attention should be paid to the transition from extractive institutions to inclusive ones. Key factors in accelerating the Ukrainian economy are more vigorous fight against corruption and investment attraction. A set of institutional variables is proposed, which allows for a more thorough assessment of the nature of economic transformation in Ukraine and detection of such deviations – transformation of the national economy occurs at different speeds. Along with the traditional shifts in the structure of GDP (the dominating share of services, there’s still insignificant statistical effect of such important institutional categories as the level of political globalization, the control of corruption, the level of property rights protection, the rule of law, and the level of social globalization.

Alpine hydropower in a low carbon economy: Assessing the local implication of global policies

Science.gov (United States)

Anghileri, Daniela; Castelletti, Andrea; Burlando, Paolo

2016-04-01

In the global transition towards a more efficient and low-carbon economy, renewable energy plays a major role in displacing fossil fuels, meeting global energy demand while reducing carbon dioxide emissions. In Europe, Variable Renewable Sources (VRS), such as wind and solar power sources, are becoming a relevant share of the generation portfolios in many countries. Beside the indisputable social and environmental advantages of VRS, on the short medium term the VRS-induced lowering energy prices and increasing price's volatility might challenge traditional power sources and, among them, hydropower production, because of smaller incomes and higher maintenance costs associated to a more flexible operation of power systems. In this study, we focus on the Swiss hydropower sector analysing how different low-carbon targets and strategies established at the Swiss and European level might affect energy price formation and thus impact - through hydropower operation - water availability and ecosystems services at the catchment scale. We combine a hydrological model to simulate future water availability and an electricity market model to simulate future evolution of energy prices based on official Swiss and European energy roadmaps and CO2 price trends in the European Union. We use Multi-Objective optimization techniques to design alternative hydropower reservoir operation strategies, aiming to maximise the hydropower companies' income or to provide reliable energy supply with respect to the energy demand. This integrated model allows analysing to which extent global low-carbon policies impact reservoir operation at the local scale, and to gain insight on how to prioritise compensation measures and/or adaptation strategies to mitigate the impact of VRS on hydropower companies in increasingly water constrained settings. Numerical results are shown for a real-world case study in the Swiss Alps.

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

Directory of Open Access Journals (Sweden)

Nicolae MOROIANU

2011-06-01

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

Educating Next Generation Leaders: Lessons for Emerging Economies from John Dewey

Science.gov (United States)

Hartman, Laura Pincus; Neame, Alexandra; Gedro, Julie

2014-01-01

The purpose of this discussion is to explore how the educational and social philosophy of John Dewey offers insight for those involved in education evolution in emerging economies, with a particular emphasis on nurturing leaders who are capable of recognizing and responding effectively to the challenges of a globalized economy now and for the next…

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.

111 Nigeria's Development Challenges in a Digitalized Global

African Journals Online (AJOL)

User

2010-10-17

Oct 17, 2010 ... Abstract. The paper assesses Nigeria's digital opportunity index in a digitalized global economy. Given the rising knowledge intensity that permeates every aspect of life, Nigeria is inevitably drawn into the digital global economy indexed by information and communication technology. The paper argues ...

40 CFR 600.210-08 - Calculation of fuel economy values for labeling.

Science.gov (United States)

2010-07-01

... including, but not limited to battery electric vehicles, fuel cell vehicles, plug-in hybrid electric... 40 Protection of Environment 29 2010-07-01 2010-07-01 false Calculation of fuel economy values for... (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy...

The Visual Experience Economy: What Kind of Economics?

DEFF Research Database (Denmark)

Michelsen, Anders Ib

2014-01-01

If there is to be such a thing as aesthetic capitalism, it may derive from processes that de facto relegates modern aesthetics as well as the critics of commodification, or present day representation, to the margins of knowledge based economies in a global domain, as variously indicated in approa......, from contemporary art in ever increasing global circuits touching all parts of the world, to pornography...

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

[Environmental governance and the green economy].

Science.gov (United States)

Jacobi, Pedro Roberto; Sinisgalli, Paulo Antonio de Almeida

2012-06-01

The Rio+20 Conference will mobilize the global community in 2012 to participate in a challenging debate on the global environmental reality and the existing modus operandi with respect to the broad and generic topics of development and the environment. One of the core themes of this meeting is the transition to a green economy in the context of sustainable development and the eradication of poverty. The issue of Global Environmental Governance will top the agenda of the Rio +20 discussions, with a view to promoting and accelerating the transition to sustainable societies. It presents, often in a controversial way, the creation of conditions to define new institutional spaces and shared decision-making processes. Before embarking on the discussion about what king of sustainability should be behind the Green Economy, and its applicability, the scope of this article is to ask readers to reflect on what should be the priority in the discussion on environmental governance This should be explained to the extent that there is a need to change the existing mechanisms of profoundly unequal exploitation of resources, which blocks progress in decision-making processes, as decisions of the few create a perverse logic of appropriation of natural resources and the non-resolution of social exclusion.

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

Global Warming: The Complete Briefing (Second Edition)

Science.gov (United States)

Hartmann, Dennis L.

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

IMPORTANCE OF FINANCING THE SOCIAL ECONOMY PROJECTS

OpenAIRE

Victor NICOL‚ESCU; Corina CACE; Sorin CACE

2012-01-01

The re-emergence of the social economy sector as important agent for occupation, economic growth, social solidarity, associationism and social services, coincided with a higher importance of running program and project- based activities in all European countries, irrespective whether they are member states of candidate states. Within the context of the benefits specific to the social economy projects it is important to debate and analyse the subject of continuing the activities of this form o...

Anti-cyclic regulation of the Ukrainian economy under current conditions of the international markets volatility

Directory of Open Access Journals (Sweden)

Volodymyr Satsyk

2009-04-01

Full Text Available In the article there are considered the theoretical and methodological basis of anti-cyclic regulation of the countries’ economy under conditions of the world economy globalization. It suggests the analysis of practices of implementing of anti-cyclic policy in highly developed states, its defining features and directions under current global financial and economic crisis. There has been researched a practical toolkit of economic cycles diagnostics and cyclic fluctuations of total business activity in Ukraine based on this study. There are suggested recommendations concerning the formation of the effective mechanism of anti-cyclic regulation of the Ukrainian economy.

The Knowledge Economy and Higher Education: Rankings and Classifications, Research Metrics and Learning Outcomes Measures as a System for Regulating the Value of Knowledge

Science.gov (United States)

Marginson, Simon

2009-01-01

This paper describes the global knowledge economy (the k-economy), comprised by (1) open source knowledge flows and (2) commercial markets in intellectual property and knowledge-intensive goods. Like all economy the global knowledge economy is a site of production. It is also social and cultural, taking the form of a one-world community mediated…

Developing a Global Mindset: Integrating Demographics, Sustainability, Technology, and Globalization

Science.gov (United States)

Aggarwal, Raj

2011-01-01

Business schools face a number of challenges in responding to the business influences of demographics, sustainability, and technology--all three of which are also the fundamental driving forces for globalization. Demographic forces are creating global imbalances in worker populations and in government finances; the world economy faces…

Analyzing the Knowledge Economy Performances of the Turkish Republics

Directory of Open Access Journals (Sweden)

Selim ŞANLISOY

2015-07-01

Full Text Available Nowadays, the acceleration of knowledge-based global competition and the knowledge economy that become the key to social development requires a transformation of the economic structure of the country to the knowledge economy. How successful is this transformation or how to proceed in the transformation process has a critical importance, especially for the developing countries. In this context, by analyzing the knowledge economy performances of the Turkish Republics, their proceedings in the process of becoming an knowledge economy are examined. For this purpose, analysis was carried out utilizing the knowledge, knowledge economy, and networked readiness index that formed from the elements of the knowledge economies. As a conclusion, these countries have to cover a distance in the context of knowledge economy transformation. In order to achieve this, these countries should establish; national innovation network by knowledge-innovation production together with institutional-legal regulations for innovative entrepreneurship, educational reforms to be able to create knowledge workers with human capital for produce, use and share the knowledge, and in order to do all these they should provide knowledge and communication infrastructure and ensure dissemination of it.

US forest products in the global economy

Science.gov (United States)

Dave N Wear; Jeff Prestemon; Michaela O. Foster

2015-01-01

The United States’ shares of global industrial roundwood production and derivative products have declined precipitously since the 1990s. We evaluate the extent of these declines compared with those of major producing countries from 1961 to 2013. We find that the US global share of industrial roundwood peaked at 28% in 1999 but by 2013 was at 17%, with the decline...

Renewables 2017 Global Status Report

International Nuclear Information System (INIS)

Sawin, Janet L.; Sverrisson, Freyr; Seyboth, Kristin; Adib, Rana; Murdock, Hannah E.; Lins, Christine; Edwards, Isobel; Hullin, Martin; Nguyen, Linh H.; Prillianto, Satrio S.; Satzinger, Katharina; Appavou, Fabiani; Brown, Adam; Chernyakhovskiy, Ilya; Logan, Jeffrey; Milligan, Michael; Zinaman, Owen; Epp, Baerbel; Huber, Lon; Lyons, Lorcan; Nowak, Thomas; Otte, Pia; Skeen, Jonathan; Sovacool, Benjamin; Witkamp, Bert; Musolino, Evan; Brown, Adam; Williamson, Laura E.; Ashworth, Lewis; Mastny, Lisa

2017-01-01

Renewable energy technologies increase their hold across developing and emerging economies throughout the year The year 2016 saw several developments and ongoing trends that all have a bearing on renewable energy, including the continuation of comparatively low global fossil fuel prices; dramatic price declines of several renewable energy technologies; and a continued increase in attention to energy storage. For the third consecutive year, global energy-related carbon dioxide emissions from fossil fuels and industry were nearly flat in 2016, due largely to declining coal use worldwide but also due to improvements in energy efficiency and to increasing use of renewable energy. As of 2015, renewable energy provided an estimated 19.3% of global final energy consumption, and growth in capacity and production continued in 2016. The power sector experienced the greatest increases in renewable energy capacity in 2016, whereas the growth of renewables in the heating and cooling and transport sectors was comparatively slow. Most new renewable energy capacity is installed in developing countries, and largely in China, the single largest developer of renewable power and heat over the past eight years. In 2016, renewable energy spread to a growing number of developing and emerging economies, some of which have become important markets. For the more than 1 billion people without access to electricity, distributed renewable energy projects, especially those in rural areas far from the centralised grid, offer important and often cost-effective options to provide such access. The renewable energy sector employed 9.8 million people in 2016, an increase of 1.1% over 2015. By technology, solar PV and biofuels provided the largest numbers of jobs. Employment shifted further towards Asia, which accounted for 62% of all renewable energy jobs (not including large-scale hydropower), led by China. The development of community renewable energy projects continued in 2016, but the pace of

Clean coal technologies and global climate change

International Nuclear Information System (INIS)

Long, R.S.

1993-01-01

The role for Clean Coal Technologies is discussed in the context of the global climate change debate. Global climate change is, of course as the name implies, a global issue. This clearly distinguishes this issue from acid rain or ozone non-attainment, which are regional in nature. Therefore, the issue requires a global perspective, one that looks at the issue not just from a US policy standpoint but from an international policy view. This includes the positions of other individual nations, trading blocks, common interest groups, and the evolving United Nations bureaucracy. It is assumed that as the global economy continues to grow, energy demand will also grow. With growth in economic activity and energy use, will come growth in worldwide greenhouse gas emissions, including growth in carbon dioxide (CO 2 ) emissions. Much of this growth will occur in developing economies which intend to fuel their growth with coal-fired power, especially China and India. Two basic premises which set out the boundaries of this topic are presented. First, there is the premise that global climate change is occurring, or is about to occur, and that governments must do something to mitigate the causes of climate change. Although this premise is highly rebuttable, and not based on scientific certainty, political science has driven it to the forefront of the debate. Second is the premise that advanced combustion CCTs, with their higher efficiencies, will result in lower CO 2 emissions, and hence lessen any contribution of greater coal use to potential global climate change. This promise is demonstrably true. This discussion focuses on recent and emerging public sector policy actions, which may in large part establish a new framework in which the private sector will find new challenges and new opportunities

Circular economy measures to keep plastics and their value in the economy, avoid waste and reduce marine litter

OpenAIRE

ten Brink, Patrick; Schweitzer, Jean-Pierre; Watkins, Emma; Janssens, Charlotte; De Smet, Michiel; Leslie, Heather; Galgani, François

2018-01-01

We live in the plastic age (the “plasticene”), producing over 300 million tonnes (mt) of plastic every year globally, 5–15 mt of which flow into already polluted oceans. Plastic remains a key material in the global economy, but low rates of collection, reuse and recycling, emissions of microplastic from product wear and tear, and often insufficient disposal measures are leading to far-reaching environmental, health, social and economic impacts. The costs of inaction are unacceptably high. Glo...

Getting China and India right: Strategies for leveraging the world's fastest growing economies for global advantage

OpenAIRE

Ravi Ramamurti

2010-01-01

The re-emergence of the old world: MNEs and the emerging economies of China and IndiaAccording to projections of the National Intelligence Council, a US government think tank, by 2025 China and India will have the world's second- and fourth-largest economies, respectively. The world is changing before our eyes – within the memories of many readers of this journal, these economies were known for little other than abject poverty. Today they are the largest of the “emerging market economies.” Ye...

The Physical Economy of the United States of America.

Science.gov (United States)

Gierlinger, Sylvia; Krausmann, Fridolin

2012-06-01

The United States is not only the world's largest economy, but it is also one of the world's largest consumers of natural resources. The country, which is inhabited by some 5% of the world's population, uses roughly one-fifth of the global primary energy supply and 15% of all extracted materials. This article explores long-term trends and patterns of material use in the United States. Based on a material flow account (MFA) that is fully consistent with current standards of economy-wide MFAs and covers domestic extraction, imports, and exports of materials for a 135-year period, we investigated the evolution of the U.S. industrial metabolism. This process was characterized by an 18-fold increase in material consumption, a multiplication of material use per capita, and a shift from renewable biomass toward mineral and fossil resources. In spite of considerable improvements in material intensity, no dematerialization has happened so far; in contrast to other high-income countries, material use has not stabilized since the 1970s, but has continued to grow. This article compares patterns and trends of material use in the United States with those in Japan and the United Kingdom and discusses the factors underlying the disproportionately high level of U.S. per capita resource consumption.

40 CFR 600.006-08 - Data and information requirements for fuel economy vehicles.

Science.gov (United States)

2010-07-01

... controller, battery configuration, or other components performed within 2,000 miles prior to fuel economy... fuel economy vehicles. 600.006-08 Section 600.006-08 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel...

Global behavior analysis for stochastic system of 1,3-PD continuous fermentation

Science.gov (United States)

Zhu, Xi; Kliemann, Wolfgang; Li, Chunfa; Feng, Enmin; Xiu, Zhilong

2017-12-01

Global behavior for stochastic system of continuous fermentation in glycerol bio-dissimilation to 1,3-propanediol by Klebsiella pneumoniae is analyzed in this paper. This bioprocess cannot avoid the stochastic perturbation caused by internal and external disturbance which reflect on the growth rate. These negative factors can limit and degrade the achievable performance of controlled systems. Based on multiplicity phenomena, the equilibriums and bifurcations of the deterministic system are analyzed. Then, a stochastic model is presented by a bounded Markov diffusion process. In order to analyze the global behavior, we compute the control sets for the associated control system. The probability distributions of relative supports are also computed. The simulation results indicate that how the disturbed biosystem tend to stationary behavior globally.

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

Directory of Open Access Journals (Sweden)

Juan Antonio Azkunaga

2013-10-01

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

Measuring Lifelong Learning for the New Economy.

Science.gov (United States)

Tuijnman, Albert

2003-01-01

Describes the challenges that research and statistical systems are faced with in the education sector. Argues these consequences are the result of decisions made for economically advanced countries to adopt a lifelong learning framework and strategy in response to the move toward the new global economy. (CAJ)

Bioenergy and the Sustainability Transition: from Local Resource to Global Commodity

Energy Technology Data Exchange (ETDEWEB)

Johnson, Francis X.

2007-07-01

The looming threat of climate change and the invaluable role of energy in development have complicated the global transition to sustainable energy while also increasing the urgency of the transition. Bioenergy has a key role in this transition due to its unique characteristics among renewable energy sources, the concentration of bioenergy potential in major developing country regions, and the close relationship between biomass resources and carbon management strategies. This paper offers a conceptual model for bioenergy's role in the transition, outlining its key elements and their significance with respect to environment and development. In spite of the globalising economy, the security of energy supply continues to be threatened by geo-political conflicts. Continued expansion of energy consumption is constrained by its environmental impacts. At the same time two billion persons have little or no access to modern energy services. The diversity and flexibility of bioenergy systems offers opportunities to bridge some of the key divisions-technical, political, economic, and environmental-that have complicated international efforts to address climate change and promote equitable development of global resources. The challenge is to take advantage of the heterogeneity of biomass resources to facilitate the most effective use of those resources in the emerging bio-economy. (auth)

Experience economy meets business model design

DEFF Research Database (Denmark)

Gudiksen, Sune Klok; Smed, Søren Graakjær; Poulsen, Søren Bolvig

2012-01-01

Through the last decade the experience economy has found solid ground and manifested itself as a parameter where business and organizations can differentiate from competitors. The fundamental premise is the one found in Pine & Gilmores model from 1999 over 'the progression of economic value' where...... produced, designed or staged experience that gains the most profit or creates return of investment. It becomes more obvious that other parameters in the future can be a vital part of the experience economy and one of these is business model innovation. Business model innovation is about continuous...

Recently amplified arctic warming has contributed to a continual global warming trend

Science.gov (United States)

Huang, Jianbin; Zhang, Xiangdong; Zhang, Qiyi; Lin, Yanluan; Hao, Mingju; Luo, Yong; Zhao, Zongci; Yao, Yao; Chen, Xin; Wang, Lei; Nie, Suping; Yin, Yizhou; Xu, Ying; Zhang, Jiansong

2017-12-01

The existence and magnitude of the recently suggested global warming hiatus, or slowdown, have been strongly debated1-3. Although various physical processes4-8 have been examined to elucidate this phenomenon, the accuracy and completeness of observational data that comprise global average surface air temperature (SAT) datasets is a concern9,10. In particular, these datasets lack either complete geographic coverage or in situ observations over the Arctic, owing to the sparse observational network in this area9. As a consequence, the contribution of Arctic warming to global SAT changes may have been underestimated, leading to an uncertainty in the hiatus debate. Here, we constructed a new Arctic SAT dataset using the most recently updated global SATs2 and a drifting buoys based Arctic SAT dataset11 through employing the `data interpolating empirical orthogonal functions' method12. Our estimate of global SAT rate of increase is around 0.112 °C per decade, instead of 0.05 °C per decade from IPCC AR51, for 1998-2012. Analysis of this dataset shows that the amplified Arctic warming over the past decade has significantly contributed to a continual global warming trend, rather than a hiatus or slowdown.

The Reproduction of Neoliberalism and the Global Capitalist Crisis

DEFF Research Database (Denmark)

Juego, Bonn

2012-01-01

The paper attempts to contribute to a critical reading of contemporary global political economy. It provides an analysis through an empirical exposition of the latent and manifest ways neoliberalism is being reproduced institutionally and relationally despite and because of the ongoing global...... capitalist crisis. To this end, three interrelated themes are highlighted here: first, the constitutive role and functional character of crises in the evolution of capitalism and the reproduction of its current neoliberal configuration; second, the continuity of long-held ideas of groups ranging from...... multilateral organizations to global justice movements – hence, the absence of relatively new perspectives – as evident in their respective policy prescriptions and crisis responses that effectively perpetuate the hegemony of neoliberal capitalism; and third, the emergence of the political-economic regime...

40 CFR 600.006-86 - Data and information requirements for fuel economy vehicles.

Science.gov (United States)

2010-07-01

... fuel economy vehicles. 600.006-86 Section 600.006-86 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1977 and Later Model Year Automobiles-General Provisions § 600.006-86 Data and...

40 CFR 600.006-89 - Data and information requirements for fuel economy vehicles.

Science.gov (United States)

2010-07-01

... fuel economy vehicles. 600.006-89 Section 600.006-89 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1977 and Later Model Year Automobiles-General Provisions § 600.006-89 Data and...

ECONOMIC NATIONALISM’S VIABILITY UNDER GLOBALIZATION

Directory of Open Access Journals (Sweden)

Elena Mihaela ILIESCU

2015-07-01

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

The Impact of the Global Financial Crisis on Japan's Higher Education

Science.gov (United States)

Huang, Futao

2011-01-01

This paper deals with the impact of the global financial crisis on Japan's economy, especially on its higher education. The first section provides an overview of Japan's national economy with a focus on the impact of the global financial crisis on the national economy, then the author touches on the impact on the Japanese government's finances,…

Financial Development and Unemployment in Emerging Market Economies

Directory of Open Access Journals (Sweden)

Bayar Yilmaz

2016-06-01

Full Text Available Financial sector has experienced significant expansion together with accelerating financial globalization in recent years and had important positive and negative economic implications for all the economies. This study investigates the interaction among unemployment, financial development and domestic investment in 16 emerging market economies during 2001-2014 period using panel data analysis. We found that there was long relationship among the variables and domestic investment had negative impact on the unemployment, while financial development had no significant impact on the unemployment. Furthermore, there was unidirectional causality from development of financial sector to unemployment.

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.

Green certification, e-commerce, and low-carbon economy for international tourist hotels.

Science.gov (United States)

Chen, Long-Fei

2018-05-22

Increasing population and over-consumption are placing unprecedented demands on agriculture and natural resources. The Earth is suffering from global warning and environmental destruction while our agricultural systems are concurrently degrading land, water, biodiversity, and climate on a global scale. For a sustainable future, green certification, e-commerce, and environment education can boost low-carbon economy with decreasing carbon emissions, but very few researches address them for the hotel industry. This research studies the performance impact of e-commerce, international hotel chain, local hotel chain, and green certification for carbon emission reductions of international tourist hotels of Taiwan. It reveals that, after a sufficiently long time, there is an improvement in the environmental and economic performance of the green-certified hotel group. In addition, it reveals that, as recommended by the operation policy, the international hotel chain group together with e-commerce has better performance than local hotel chain. It is also discussed how to sustain the continuing improvement in low-carbon performance of the hotel industry.

Colleges Are Wary of Global Economy's Effect on Foreign Enrollments

Science.gov (United States)

Fischer, Karin

2012-01-01

Economists in both India and China see signs of slackening economic activity, from currency fluctuations in India to a falloff in imports, electricity consumption, and real-estate sales in China. A weakening of the economies in the two countries could be worrisome news for American colleges, for which an uptick in full-paying foreign students has…

A fair green economy? Studies of agriculture, energy and waste initiatives in Malaysia

OpenAIRE

Hezri, Adnan; Ghazali, Rospidah

2011-01-01

This paper proposes that a green economy needs also to be a fair economy. Following broader global trends, in 2009 the Malaysian government established the basic architecture for green economy by incorporating a green technology portfolio into the newly established Ministry of Energy, Green Technology and Water. This was followed by a suite of interventionist policy instruments. However, Malaysia's approach raises the question whether the full range of social, economic and environmental goals...

Forecasting the Global Mean Sea Level, a Continuous-Time State-Space Approach

DEFF Research Database (Denmark)

Boldrini, Lorenzo

In this paper we propose a continuous-time, Gaussian, linear, state-space system to model the relation between global mean sea level (GMSL) and the global mean temperature (GMT), with the aim of making long-term projections for the GMSL. We provide a justification for the model specification based......) and the temperature reconstruction from Hansen et al. (2010). We compare the forecasting performance of the proposed specification to the procedures developed in Rahmstorf (2007b) and Vermeer and Rahmstorf (2009). Finally, we compute projections for the sea-level rise conditional on the 21st century SRES temperature...

Jobless society – phenomenon of global economy

Directory of Open Access Journals (Sweden)

Bilobrova Tetiana Oleksandrivna

2015-10-01

Full Text Available The main characteristics and causes of the jobless society formation based on the demographic indicators and trends in the global labour market observed have been identified in the article. The structural changes in youth employment and a number of new challenges for modern society have been investigated. The extent and nature of youth employment crisis according to the particular country and region have been analyzed. The process of young people into the virtual labour market integration as one of the possible solutions of global unemployment problem among young people has been described.

Environmental justice and conceptions of the green economy

OpenAIRE

Ehresman, T.G.; Okereke, Chuks

2015-01-01

Green economy has become one of the most fashionable terms in global environmental public policy discussions and forums. Despite this popularity, and its being selected as one of the organizing themes of the United Nations Rio+20 Conference in Brazil, June 2012, its prospects as an effective mobilization tool for global environmental sustainability scholarship and practice remains unclear. A major reason for this is that much like its precursor concepts such as environmental sustainability an...

CONTINUOUS ECONOMIC EDUCATION AS THE FACTOR OF PROFESSIONAL DEVELOPMENT OF PERSONALITY

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T. J. Lomakina

2014-10-01

Full Text Available The necessity of continuous economic education of future professionals is caused by importance of forming correct understanding of the economic reality, of comprehension of economic basic laws, of understanding of global and national tendencies in economic development; the growing role of continuous economic education as a major factor of formation and development of a postindustrial society is shown; the reasons and circumstances of the active reference of the domestic pedagogical science and practice to problems of economic education are emphasized; the factors influencing development of continuous economic education are established in the article. Continuous economic education is considered as a part of continuous education promoting the formation of a competitive expert in conditions of market economy, demanded on labour market and directed on formation of economic competencies depending on the type of preparation (economic and not economic at different educational levels according to models of the graduate and the teacher and realized by means of economic training and economic education.

Global challenges in energy

International Nuclear Information System (INIS)

Dorian, James P.; Franssen, Herman T.; Simbeck, Dale R. MD

2006-01-01

Environmental and security concerns are stimulating global interest in hydrogen power, renewable energy, and advanced transportation technologies, but no significant movement away from oil and a carbon-based world economy is expected soon. Over the longer-term, however, a transition from fossil fuels to a non-carbon-based economy will likely occur, affecting the type of environment future generations may encounter. Key challenges will face the world's energy industry over the next few decades to ensure a smooth transition-challenges which will require government and industry solutions beginning as early as today. This paper identifies four critical challenges in energy and the choices which will have to be made on how best to confront growing pollution caused by fossil fuels and how to facilitate an eventual revolutionary-like transition to a non-carbon-based global economy

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...

Creative economy and knowledge-based society. Perspectives for Romania

Directory of Open Access Journals (Sweden)

Istudor Laura Gabriela

2017-07-01

Full Text Available Creative economy is a rather new concept that started developing during the last decade, being currently applied to a variety of activities and professions. It has become an important sector of the global economy, being sustained and promoted by the European Union, especially in the context of an innovative and knowledge-based society. Within this new type of economy, creativity, innovation and knowledge management are essential factors that lead to a smart, sustainable and inclusive development in regard to the creation of new jobs and to the social inclusion requirements. According to John Howkins (2001, the creative industries / sectors include art, research, advertising, movies, theatre, software, with the possibility of the concept of creative economy to be extended to other non-artistic and IT related fields, where improvements are expected to arise through innovation and creativity. The Global Creativity Index (GCI and the European Innovation Scoreboard (EIS, are two benchmarking tools that measure the creativity and innovation degree of the countries in the European Union, placing Romania within the last positions, especially with respect to intellectual property rights and entrepreneurship. The research methodology consists of both qualitative and quantitative methods, while the research questions to be answered are What is the degree of innovation in Romania compared to other states? What can be done in order to increase the level of innovation in Romania? In this viewpoint, the paper analyzes the development of the creative industries / sectors in Romania, in the context of creative economy and innovation. The objective of the paper is to analyze the extent to which the concept of creative economy can be promoted and implemented in Romania, given its increasing importance at the international level, with countries such as the United Kingdom that already adopted strategies to sustain this kind of economy in the past years. In order to

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.

«Resource type» regions in the modern Russian economy

Directory of Open Access Journals (Sweden)

Levin Sergey, N.

2015-06-01

Full Text Available Despite the officially declared intention to form universal rules of the liberal type, development was based on the formation of a "hybrid" institutional environment in the "post-Soviet" transformation of the Russian economy. "Hybrid" institutional environment is characterized, firstly, with the prevalence of forms of interaction between authorities and business that are uncharacteristic for liberal market economy, and their "merging" with each other, secondly, with sustainable regional fragmentation. As a result regional institutional systems, based on different configurations of network linkages between business and authorities, appeared and embedded into unified «power vertical». «Resource type» regions occupy special position in the modern Russian economy. Their economies are based on the export-oriented industries as well as raw resources extracting and mining industries. We distinguish the following discrete structural alternatives of their development in a globalizing economy: "enclave dual economy" and integrated regional economy. The first option is institutionally reinforces the social and economic gap from developed countries. The second one provides diversification and development of regional and national economies. We use comparative characteristic of Kemerovo region and Krasnoyarsk region to carry out analysis of options of "resource type" regions development. We selected indicators and elaborated estimation algorithm to figure out the type of regional economic development.

Lineage of global civil engineering. Global civil engineering no keifu

Energy Technology Data Exchange (ETDEWEB)

Hashimoto, M

1994-04-15

This paper considers which way the global civil engineering should go in the future. Civil engineering has now a paradigm with a new dimension debuted as the global environmental problems are taken up specifically. Achieving the target of civil engineering requires a critical review that how the cost effect and efficiency discussions in only the dimensions of the conventional technologies and economies can be incorporated into the dimensions and measures of new fields to create the new horizons. Conceiving the relationship between civil engineered structures and environmental climate encounters the indispensable judgment criterion on how such social scientific conditions as weather, culture, religion, economy, and politics are combined to reach a judgment. The global civil engineering is desired to have the ideas and directional role to work on the ultimate assignment of environment and development called a global environmental problem analytically, comprehensively, innovatively and creatively as the civil engineering science, rather than as a mere existence of one area of the advanced civil engineering science. 5 refs., 1 tab.

Developing a long-term local society design methodology towards a low-carbon economy: An application to Shiga Prefecture in Japan

International Nuclear Information System (INIS)

Shimada, Koji; Tanaka, Yoshitaka; Gomi, Kei; Matsuoka, Yuzuru

2007-01-01

To tackle global climate stabilization concretely, we have developed a method formulating long-term scenarios towards a low-carbon economy at local level. As a result of the pioneering application of this method to Shiga Prefecture, we have found the following: (i) it is possible to design scenarios for moving towards a low-carbon economy in which CO 2 emission is lowered by 30-50% from the 1990 level by 2030, while the prefecture's gross production continues to grow by 1.6% annually; (ii) in order to halve the emission by 2030, socio-economic structural changes as well as technological measures are essential; and (iii) innovative measures at the prefectural level, such as land planning, renewable energy promotion and lifestyle change, play an increasingly important role as the target reduction rate gets higher

IMPACT OF GLOBALIZATION ON MACROECONOMIC POLICY

Directory of Open Access Journals (Sweden)

Clementina IVAN-UNGUREANU

2008-12-01

Full Text Available Globalization – the growing integration of economies and societies around the world – has been one of the most hotly-debated topics in international economics over the past few years. Rapid growth and poverty reduction in some countries that were poor 20 years ago have been positive aspects of globalization. But globalization has also generated significant international opposition to concerns about increased inequality and environmental degradation. There are many definitions of globalization. One of them could be: globalization is an ecosystem in which economic potential is no longer defined or contained by political and geographic boundaries. Economic activity has no bounds in a globalized economy. A globalized world is one where goods, services, financial capital, machinery, money, workers and ideas migrate to wherever they are most valued and can work together most efficiently, flexibly and securely. Where does economic policy come into play in this world? This paper presents some aspects of globalization and the impact on the new strategy of macroeconomics policy.

Are Global Economic Losses from Natural Hazards Increasing?

Science.gov (United States)

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

2016-04-01

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

Geoscience Australia Continuous Global Positioning System (CGPS) Station Field Campaign Report

Energy Technology Data Exchange (ETDEWEB)

Ruddick, R. [Geoscience Australia, Symonston (Australia); Twilley, B. [Geoscience Australia, Symonston (Australia)

2016-03-01

This station formed part of the Australian Regional GPS Network (ARGN) and South Pacific Regional GPS Network (SPRGN), which is a network of continuous GPS stations operating within Australia and its Territories (including Antarctica) and the Pacific. These networks support a number of different science applications including maintenance of the Geospatial Reference Frame, both national and international, continental and tectonic plate motions, sea level rise, and global warming.

GENDER AND GLOBALIZATION: FEMALE LABOR AND WOMEN'S MOBILIZATION

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Val Moghadam

2015-08-01

Full Text Available This paper casts a gender perspective on globalization to illuminate the contradictory effects on women workers and on women's activism. The scope of the paper is global. The sources of data are UN publications, country-based data and newsletters from women's organizations as well as the author's fieldwork. The paper begins by examining the various dimensions of globalization-economic, political and cultural, with a focus on their contradictory social-gender effects. These include inequalities in the global economy and the continued hegemony of the core, the feminization of labor, the withering away of the developmentalist/welfarist state, the rise of identity politics and other forms of particularism, the spread of concepts of human rights and women's rights, and the proliferation of women's organizations and transnational feminist networks. I argue that, although globalization has had dire economic effects, the process has created a new constituency-working women and organizing women who may herald a potent anti-systemic movement. World-systems theory, social movement theory, and development studies should take account of female labor and of oppositional transnational feminist networks.

Global-minded Human Resources and Expectations for Universities

Science.gov (United States)

Inoue, Hiroshi

Under the globalized economy, Japanese corporations compete with rivals of the western countries and emerging economies. And domestically, they face with deflation, falling birth-rate, an aging society, and shrinking market. So they need to foster and retain global-minded human resources who can play an active role in global business, and who can drive innovation. What Japanese corporations expect for global-minded human resources are ability to meet challenges, ability to think independently free from conventional wisdom, communication skills in foreign languages, interests in foreign cultures and different values, and so on. In order to foster global-minded human resources, Keidanren work with the 13 universities selected under the Japanese Government‧s “Global 30” projects to undertake “Global-minded Human Resources Development Projects” .

China, India, South Africa, Brazil (BASIC): Crucial for the global environment

Energy Technology Data Exchange (ETDEWEB)

NONE

2011-07-01

The rising importance of the BASIC countries in a changing world Over the last decade the emerging economies have become increasingly important for the development of the global economy. This trend was reinforced by the global financial crisis which hit the developed economies the hardest, and after which the emerging economies emerged as crucial growth centres in the global economy. We are entering into a new era in global politics, and a broad process is currently taking place of restructuring global institutions and political processes to increasingly take into account the interests of the emerging economies. A global environmental crisis constitutes the backdrop for this change in global politics, as the current volume of production and consumption of the planets renewable resources (including the capacity to absorb greenhouse gas emissions) is beyond the planets regenerative capacity. The breakdown of the Doha Development Round in World Trade, the creation of the BRIC group and the G20, the emergence of the BASIC group of key emerging economies and the following developments under the UN Framework Convention on Climate Change, all testify to the fact that China, India, South Africa and Brazil (BASIC) today have a decisive and increasing influence in world politics. With regards to the environment, this means that BASIC countries increasingly will set environmental standards in global markets as their economies to a greater extent come to represent global buying power, increasingly will influence to what extent environmental concerns are mainstreamed into international agreements (such as WTO) in general, and also will decide the scope and level of ambition and scope of international environmental agreements (as we see in UNFCCC). Among the emerging economies China, India, South Africa, and Brazil stand out as particularly important. China and India alone represent more than 35 per cent of the global population and are the most rapidly growing economies in the

China, India, South Africa, Brazil (BASIC): Crucial for the global environment

International Nuclear Information System (INIS)

2011-01-01

The rising importance of the BASIC countries in a changing world Over the last decade the emerging economies have become increasingly important for the development of the global economy. This trend was reinforced by the global financial crisis which hit the developed economies the hardest, and after which the emerging economies emerged as crucial growth centres in the global economy. We are entering into a new era in global politics, and a broad process is currently taking place of restructuring global institutions and political processes to increasingly take into account the interests of the emerging economies. A global environmental crisis constitutes the backdrop for this change in global politics, as the current volume of production and consumption of the planets renewable resources (including the capacity to absorb greenhouse gas emissions) is beyond the planets regenerative capacity. The breakdown of the Doha Development Round in World Trade, the creation of the BRIC group and the G20, the emergence of the BASIC group of key emerging economies and the following developments under the UN Framework Convention on Climate Change, all testify to the fact that China, India, South Africa and Brazil (BASIC) today have a decisive and increasing influence in world politics. With regards to the environment, this means that BASIC countries increasingly will set environmental standards in global markets as their economies to a greater extent come to represent global buying power, increasingly will influence to what extent environmental concerns are mainstreamed into international agreements (such as WTO) in general, and also will decide the scope and level of ambition and scope of international environmental agreements (as we see in UNFCCC). Among the emerging economies China, India, South Africa, and Brazil stand out as particularly important. China and India alone represent more than 35 per cent of the global population and are the most rapidly growing economies in the

Shaping the global landscape in the Anthropocene

Science.gov (United States)

Lotze-Campen, H.

2012-12-01

In the emerging era of the Anthropocene (Crutzen and Stoermer 2000) most ecosystems are either directly or indirectly influenced by human activities, and neither socio-economic processes nor environmental changes can be understood without taking their interactions into account. Social transitions towards more sustainable development paths will only be achieved through a co-evolution process of society and nature. Both are parts of one integrated "Earth system", where land and water use are key linking elements. In the industrialised countries the transition task will have to focus on maintaining current standards of living while reducing the demand for ecosystem services. In the developing countries the major challenge will be to raise income levels substantially and find more sustainable development paths that try to minimise the negative side-effects of economic growth. Due to technological changes and a globally integrated economy, human society is now in a position where it has to ask itself: "What kind of landscapes and ecosystems do we really want in the future?" Shaping environmental conditions in the course of economic growth and climate change becomes a social management task. While many environmental and social problems have to be dealt with at the regional and national scale, in some areas, like climate change and international trade, the level of analysis and political action extends to the global scale. The allocation of land and water resources for different human uses has to be consciously managed. The potential and limitations of different options and the trade-offs between land expansion, increased land use intensity and re-allocation between different uses have to be carefully assessed. While agricultural productivity has continuously grown in the past, a slowing pace has to be expected in many regions in the future. Water may pose the most serious limitation to future global food and bioenergy supplies. Rising crop outputs per unit of land and

Sharing Economy vs Sharing Cultures? Designing for social, economic and environmental good

Directory of Open Access Journals (Sweden)

Ann Light

2015-05-01

Full Text Available This paper explores the story behind a crowdfunding service as an example of sharing technology. Research in a small neighborhood of London showed how locally-developed initiatives can differ in tone, scale, ambition and practice to those getting attention in the so-called sharing economy. In local accounts, we see an emphasis on organizing together to create shared spaces for collaborative use of resources and joint ownership of projects and places. Whereas, many global business models feature significant elements of renting, leasing and hiring and focus only on resource management, sometimes at the expense of community growth. The service we discuss is based in the area we studied and has a collective model of sharing, but hopes to be part of the new global movement. We use this hybridity to problematize issues of culture, place and scalability in developing sharing resources and addressing sustainability concerns. We relate this to the motivation, rhetoric and design choices of other local sharing enterprises and other global sharing economy initiatives, arguing, in conclusion, that there is no sharing economy, but a variety of new cultures being fostered.

Theorizing Environmental Governance of the World System: Global Political Economy Theory and Some Applications to Stratospheric Ozone Politics

Directory of Open Access Journals (Sweden)

Brian J. Gareau

2015-08-01

Full Text Available This paper incorporates world-systems perspectives into an analysis of global environmental politics, thus adjoining a political economic analysis of scale with studies of global environmental policy. It is the ability of some social groups and institutions to jump scale that determines how global environmental policies are shaped. The United States’ carbon-intensive economy is seen to face larger short-term costs from global environmental agreements than many other countries in the core of the world-system, but what remains unexplored in the environmental politics literature is the question of why the United States sees its long-term economic condition hindered by these agreements. This analysis points to the ways industry actors intervene at multiple scales of global environmental negotiations to affect national policy positions as well as larger discourses about science and risk. The article reviews the methyl bromide controversy in the Montreal Protocol to explain why this agreement has recently failed to live up to expectations in removing ozone-depleting substances. The United States is particularly responsible for this impediment: rather than innovate in response to new information and changing international contexts, industry actors have drawn upon US hegemony to enforce their dominant market positions. As the parties to the Montreal Protocol remain polarized over questions of methyl bromide use, this analysis calls for attention to the ways capital, states, and other social institutions are embedded in international environmental agreements and how they use such arrangements to obstruct successful multilateral agreements. I conclude by suggesting that environmental and other social movements might strategize in two ways: 1 by helping support an emergent ‘green hegemony’ (most apparent in Chinese policy as a counterhegemonic alternative, and 2 by developing strategies that account for the ways industry interests overlap with declining

Rebalancing the Eurozone Troubled Economies

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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.

The real mechanisms of the global economy

Directory of Open Access Journals (Sweden)

Angel Asensio

2010-12-01

Full Text Available The paper presents the main arguments of Bresser Pereira's Globalization and Competition. Development strategies based on the 'conventional orthodoxy' are shown to carry serious drawbacks ("Dutch disease", pernicious effects of external saving, currency overvaluation, while a 'new developmentalism' is promoted, in spite of the widespread belief that the nation-states have been dispossessed of their room for manoeuvre because of the globalization process. The "new developmentalism" is based on domestic finance, balanced public budgets, moderate interest rates and competitiveness policies aimed at neutralizing the tendency to exchange rate overappreciation. The paper also points out a few theoretical questions the book raises.

The Effects of Globalization on Developing Economies: The ...

African Journals Online (AJOL)

This paper examines globalization and its effects on third World Economic ... Corruption due to bad government has become the order of the day as workers strive to ... or eliminate the negative effect of globalization and to domain the positive side of ... AJOL's Partners · Terms and Conditions of Use · Contact AJOL · News.

History, Structure and Agency in Global Health Governance Comment on "Global Health Governance Challenges 2016 - Are We Ready?"

Science.gov (United States)

Gill, Stephen; Benatar, Solomon R

2016-08-29

Ilona Kickbusch's thought provoking editorial is criticized in this commentary, partly because she fails to refer to previous critical work on the global conditions and policies that sustain inequality, poverty, poor health and damage to the biosphere and, as a result, she misreads global power and elides consideration of the fundamental historical structures of political and material power that shape agency in global health governance. We also doubt that global health can be improved through structures and processes of multilateralism that are premised on the continued reproduction of the ecologically myopic and socially unsustainable market civilization model of capitalist development that currently prevails in the world economy. This model drives net financial flows from poor to rich countries and from the poor to the affluent and super wealthy individuals. By contrast, we suggest that significant progress in global health requires a profound and socially just restructuring of global power, greater global solidarity and the "development of sustainability." © 2017 The Author(s); Published by Kerman University of Medical Sciences. This is an open-access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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

Global asymptotic stability of Cohen-Grossberg neural network with continuously distributed delays

International Nuclear Information System (INIS)

Wan Li; Sun Jianhua

2005-01-01

The convergence dynamical behaviors of Cohen-Grossberg neural network with continuously distributed delays are discussed. By using Brouwer's fixed point theorem, matrix theory and analysis techniques such as Gronwall inequality, some new sufficient conditions guaranteeing the existence, uniqueness of an equilibrium point and its global asymptotic stability are obtained. An example is given to illustrate the theoretical results

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.

The Governance of Global Wealth Chains

DEFF Research Database (Denmark)

Seabrooke, Leonard; Wigan, Duncan

) innovation capacities among suppliers of products used in wealth chains. We then differentiate five types of global value chain governance - market, modular, relational, captive, and hierarchy - which range from simple ‘off shelf’ products shielded from regulators by advantageous international tax laws...... to highly complex and flexible innovative financial products produced by large financial institutions and corporations. This paper highlights how Global Wealth Chains intersect with value chains and real economies, and provides three brief case studies on offshore shell companies, family property trusts......This working paper creates a theoretical framework to explain how Global Wealth Chains are created, maintained, and governed. We draw upon different strands of literature, including scholarship in international political economy and economic geography on Global Value Chains, literature on finance...

Global warning policy, energy, and the Chinese economy

International Nuclear Information System (INIS)

Rose, A.; Benavides, J.; Lim, D.; Frias, O.

1996-01-01

China is the world's largest user of coal and a major generator of greenhouse gases. This paper addresses whether the country can reconfigure its energy structure without hindering its future economic development. The authors construct a dynamic linear programming model of the Chinese economy and use it to simulate five alternative strategies to stabilize CO 2 emissions at 20% of projected year 2000 baseline levels. The results, under more optimistic assumptions, indicate this goal can be achieved with no growth penalty. However, if major technological changes relating to energy conservation and coal displacement, as well as vastly increasing availabilities of clean fuels, are not forthcoming, China could suffer a significant decline in its rate of economic growth. 38 refs., 1 fig., 5 tabs

Approaches about the social and solidarity economy

Directory of Open Access Journals (Sweden)

Odalys Labrador Machín

2017-12-01

Full Text Available The topic of the Social and Solidarity Economy, from its own emergence, has been approached by diverse authors, closely associated to this debate divergent points of view have arisen, become the theoretical and methodological references of this definition, as a basis for its practical realization, in a context in which neoliberal globalization has conditioned the search for viable alternatives to alleviate the contradictions it generates. Although, generally speaking, the Social and Solidarity Economy is understood as the interrelation of companies and participative associative organizations, constituted by cooperatives, mutuals, savings banks, employee funds, community enterprises, associations, dedicated to production, distribution and consumption of goods and services, non-profit and in solidarity. The different places and contexts in which it develops, gives this sector particularities and, therefore, the need for a broad and divergent analysis. The present work proposes an evaluation of different criteria about the Social and Solidarity Economy in the current international context.

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.

SOCIAL ECONOMY AS THE MAINSTREAM OF THE EUROPEAN UNION DEVELOPMENT

Directory of Open Access Journals (Sweden)

Diana GAFAROVA

2017-12-01

Full Text Available The global community is striving nowadays to find ways to stabilize social processes, as well as to solve the problem of involving socially vulnerable groups in the social and economic life and work out a strategy for reducing long-term unemployment. The development of the social economy has been chosen as the mainstream of the European Union development. A great deal of attention of European Commission is paid to studying and development of recommendations on the introduction of principles of social economy, both in the basic EU countries and in the countries that are becoming the new members of the EU. However the national approach to the legalization and support of social companies is used in each country. So, for example, in Slovakia it is supposed to create social enterprises for inclusion of disadvantaged people to the labour market first of all. Along with support of the traditional actors of the social economy, the EU is also actively developing new forms of social economy actors, social enterprises are primarily among which. The development of the principles of social economy and the activation of social enterprises is relevant for many post-Soviet countries, including Russia. However, so far in Eastern European scientific practice, many researchers do not see the difference between the concepts of social economy, social market economy, solidarity economy. The key characteristics of the social economy are considered in the article, the interrelation of social, social market and solidarity economies is observed, modern trends in the construction of the social economy of the EU are highlighted.

European Values and Globalization

Directory of Open Access Journals (Sweden)

Heinz Theisen

2011-03-01

Full Text Available Good Governance, Social Market Economy, Culture and Education are the decisive elements for Human Development. We need a third way between the extremes of the Utopian Global Free Market and a new nationalism. A Social Market Economy and the European Model of a Union could be such third way. For a new Social Market Economy we need a renaissance of the European dialectics between culture and society, idealism and materialism, religion and enlightenment, solidarity and profitability. The balancing of those poles is deeply rooted in our best traditions. 

U.S. origin coking coal in the global market : a seismic shift in the global coal market

International Nuclear Information System (INIS)

Thrasher, E.

2010-01-01

This presentation discussed conditions in the global coal market and its impact on producers in the United States (U.S). The significant factors include the strong recovery in Asia, the switch from annual benchmark pricing to quarterly pricing, and the return of U.S. origin coking coal as a long-term supply source for Asia. The global recovery in manufacturing is strong in Asia and weak in more mature economies. A shift in trade patterns has occurred in that 4 of the top 10 destinations for U.S. coking coal exports are now in Asia, up from 1 in 2009, and the tonnage increases to these destinations are at unprecedented levels. Demand for U.S. origin coal will continue to increase as the economies in Western Europe improve and the emerging economies in Eastern Europe and South America grow. Looking at the U.S. coking coal supply, high volume type A coal will be used in the domestic market while high volume type B coal will be used for international demand. Government regulatory agencies create an uncertain environment for investments. Geology and the effects of regulatory actions have decreased productivity. An improvement to the supply chain is that lower cost ocean freight lowers the cost of delivered coal. The prices of coking coal have stabilized at levels that support reasonable returns on investment. The seaborne coking coal market has changed with China's shift to being a significant importer. Mine, rail, and port capacity will constrain the ability of producers in the U.S. to export coking coal to some degree. 2 tabs., 13 figs.

LOGISTICS MANAGEMENT IN THE CONTEMPORARY ECONOMY

Directory of Open Access Journals (Sweden)

Ion SARBU

2014-03-01

Full Text Available The evolution of logistics management as a system in the recent decades can be characterized by the influence of the globalization processes and the economic integration in the European Union. Systemic logistic approach ensured revolutionizing the optimization of the logistics chain. Logistics management must be given to permanent forms of the new legal and organizational structure appropriate to the contemporary economy.

LOGISTICS MANAGEMENT IN THE CONTEMPORARY ECONOMY

Directory of Open Access Journals (Sweden)

Ion SARBU

2014-01-01

Full Text Available The evolution of logistics management as a system in the recent decades can be characterized by the influence of the globalization processes and the economic integration in the European Union. Systemic logistic approach ensured revolutionizing the optimization of the logistics chain. Logistics management must be given to permanent forms of the new legal and organizational structure appropriate to the contemporary economy.

Safe and Sustainable: Optimizing Material Flows in a Circular Economy

DEFF Research Database (Denmark)

Fantke, Peter

(unsustainable). When maximizing resource use efficiency and reducing carbon and other emissions through recycling (sustainable), direct consumer exposure is often increased through cross-contamination of recycled materials (unsafe). Hence, circular economy currently fails to unite the required expertise...... to imultaneously increase sustainability and reduce exposure to chemicals in materials reused across life cycles of different products. For a way out of this dilemma, a paradigm shift is needed towards a comprehensive and quantitative assessment framework.......Increasing the sustainability of a globally connected economy is gaining wide attention in a world with limited natural resources and growing chemical pollution. The circular economy has emerged as away to reduce carbon and other emissions, while increasing resource efficiency over several product...

Global imbalances: a gathering storm

Directory of Open Access Journals (Sweden)

Ugo Sacchetti

2010-01-01

Full Text Available This article provides a detailed analysis of the many factors that, over a period of several years, have contributed to the international financial crisis and highlights the global imbalances, both financial and economic, that continue to pose significant threats to the stability of the world economy. The examination goes beyond looking strictly at the case of the USA to include the positions of other relevant countries, and underscores the shifting relations between the USA and the rest of the world. The pertinent geopolitical aspects are covered, followed by a discussion on possible institutional changes in international financial agencies, prospective financial problems of the USA and their implications, monetary developments, external balances, and international economic problems.

Globalization drivers and their impact on Lithuanian economic growth and development

OpenAIRE

Jatuliavičienė, Gražina; Kučinskienė, Marija

2005-01-01

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

A branch and bound algorithm for the global optimization of Hessian Lipschitz continuous functions

KAUST Repository

Fowkes, Jaroslav M.; Gould, Nicholas I. M.; Farmer, Chris L.

2012-01-01

We present a branch and bound algorithm for the global optimization of a twice differentiable nonconvex objective function with a Lipschitz continuous Hessian over a compact, convex set. The algorithm is based on applying cubic regularisation

Matter, Space, Energy, and Political Economy: The Amazon in the World-System

Directory of Open Access Journals (Sweden)

Stephen G. Bunker

2015-08-01

Full Text Available Many authors have attempted co-incorporate the local into the global. World-systems analysis, though, is rooted in processes of production, and all production remains profoundly local. Understanding the expansion and intensification of the social and material relations of capitalism that have created and sustain the dynamic growth of the world-system from the local to the global requires analysis of material processes of natural and social production in space as differentiated by topography, hydrology, climate, and absolute distance betweenplaces. In this article, I consider some of the spatio-material configurations chat have struc-tured local effects on global formations within a single region, the Amazon Basin. I first detail and criticize the tendency in world system and globalization analysis, and in the modern social sciences generally, to use spatial metaphors without examining how space affects the material processes around which social actors organize economy and policy. I next examine thework of some earlier social scientists who analyzed specific materio-spatial configurations as these structured human social, economic, and political activities and organization, searching for possible theoretical or methodological tools for building from local to global analysis. I then review some recent analyses of spatio-material determinants of social and economic organiza-tion in the Amazon Basin. Finally, I show that the 400-year-long sequence of extractive econ-omies in the Amazon reflected the changing demands of expanded industrial production in the core, and how such processes can best be understood by focusing our analysis on spatio-material configurations of local extraction, transport, and production. The Amazon is but one of the specific environments that have supplied raw materials to changing global markets, but close consideration of how its material and spatial attributes shaped the global economy provides insights into the ways

Globalization, Post-modernity and Epistemological Imperialism ...

African Journals Online (AJOL)

Knowledge is crucial to the march of globalization but as globalization from national financial systems, this study identifies steps that Africa could adopt to confront epistemological imperialism. Keywords: Globalization; Post-modernity; Political Economy. International Journal of Educational Research Vol. 4 (1) 2008: pp. 183- ...

Entry Mode of Firms in an Emerging Economy: Evidence from Malaysia

OpenAIRE

Yasmeen, Kausar; Viswanathan, Kuperan

2016-01-01

The dynamics of the global competition patterns and world economy are encouraging construction firms to expand into emerging economies. Entry modes and its predictors have been the subjects of interest in international market strategic management research which is nonetheless lacking in the construction firms. This paper seeks to identify the entry modes preferred by construction firms in Malaysia, on whether they choose equity modes, non-equity modes or both modes for their international pro...

Deregulation of the Nigerian economy: The theoretical milieu

Directory of Open Access Journals (Sweden)

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.

Social Justice and Lower Attainers in a Global Knowledge Economy

Directory of Open Access Journals (Sweden)

Sally Tomlinson

2013-11-01

Full Text Available National governments believe that higher levels of educational attainments and training are necessary for successful competition in knowledge-driven economies and all young people are urged to invest in their own human capital and learn new skills. Moves towards inclusive education have brought into mainstream schools and colleges many who would formerly have been segregated in special schooling or otherwise given minimum education, joining those simply regarded as lower attainers. More research is needed on what is happening to all these young people who do not do well in competitive education systems and uncertain job markets. This article is taken from a study which set out to discuss with school and college principals, local administrators, teachers and others, who they regard as lower attainers, what sort of education and training programmes are offered to the students, and what policies they think are in place to help young people into work or independent living. Discussions were held with respondents in England, Germany, the USA, Finland and Malta. The article takes Rawls' view that social injustice is mainly due to the inequitable distribution of economic and social resources and the State has a responsibility to ensure that all young people can participate in the economy and the society.

Uber drivers in Cape Town: Working conditions and worker agency in the sharing economy

OpenAIRE

Geitung, Ine

2017-01-01

The effects of the sharing economy on labour have been intensely discussed in recent years. Some are praising the effective, and sustainability implications of the sharing economy. Others are critiquing the deregulation of labour and growth of non-standard labour relations that shift risk from employer to employee. While the discussions have largely taken place in a US or European context, the sharing economy is not limited to the global North. This study examines the working conditions of Ub...

Understanding the Drivers of an ‘Entrepreneurial’ Economy : Lessons from Japan and the Netherlands

OpenAIRE

Okamuro, Hiroyuki; Van Stel, André; Verheul, Ingrid

2010-01-01

Globalization and an increasing importance of knowledge in the production process cause many developed countries to move from a more ‘managed’ to a more ‘entrepreneurial’ economy in recent decades. In the former type of economy, large and incumbent firms play a dominant role, exploiting economies of scale in a relatively certain economic environment. In the latter type, small and new firms play an increasingly important role, introducing new products and services in highly uncertain economic ...

Economy and energy politic

International Nuclear Information System (INIS)

Martin, J.M.

1992-01-01

This book, divided into four parts, describes, first, energy consumption and national economy growth. In a second part, the irresistible ascent of coal, natural gas and petroleum international markets is studied. In the third part, energy politic is investigated: exchanges releasing, prices deregulation, contestation of power industry monopoly, energy national market and common energetic politic, single market concept. In the last part, global risks and world-wide regulations are given: demand, energy resources, technical changes, comparative evaluations between fossil, nuclear and renewable energies, environment, investments financing and international cooperation. 23 refs., 14 figs., 16 tabs

Economic stagnation in the United States: underlying causes and global consequences

Directory of Open Access Journals (Sweden)

Robert A. Blecker

2014-12-01

Full Text Available This paper analyzes the causes of the slow recovery of the US economy since the financial crisis and Great Recession of 2008-9. Fallen house values and excessive household debts continue to depress consumer spending, while corporations are failing to invest in spite of record profits. The increasingly unequal distribution of income limits demand, while long-term structural transformations continue to erode employment creation. An expansionary monetary policy has been incapable of sparking a more robust recovery and fiscal policy has been shifted to an austerity stance. In this context, Brazil and other emerging market nations cannot count on the United States to continue to be the leading source of global demand as it was in previous decades.

GLOBAL GOVERNANCE VS. NATIONAL SOVEREIGNTY IN A GLOBALIZED WORLD

Directory of Open Access Journals (Sweden)

Sabina TUCA

2015-03-01

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

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.

Globalizing Denmark

DEFF Research Database (Denmark)

Selmer, Jan; Lauring, Jakob

2013-01-01

countries to keep up the process of globalization may be substantial, and the economic gains for such countries from adjusting to a more internationally integrated world economy are clear. However, in small- population economies, especially social-democratic welfare states, the internal pressure......This exploratory article examines the paradox of being open-minded while ethnocentric as expressed in Danish international management practices at the micro level. With a population of 5.4 million, Denmark is one of the smallest of the European countries. The pressure on many small advanced...... to integrate counteracts to some extent the need to maintain openness to differences. Thus, a strong economy and a feeling of smug ethnocentrism in Denmark generate a central paradox in thinking about internationalization in Danish society....

MODIS/Terra Vegetation Continuous Fields Yearly L3 Global 500m SIN Grid V051

Data.gov (United States)

National Aeronautics and Space Administration — The Terra MODIS Vegetation Continuous Fields (VCF) product is a sub-pixel-level representation of surface vegetation cover estimates globally. Designed to...

Translation as (Global) Writing

Science.gov (United States)

Horner, Bruce; Tetreault, Laura

2016-01-01

This article explores translation as a useful point of departure and framework for taking a translingual approach to writing engaging globalization. Globalization and the knowledge economy are putting renewed emphasis on translation as a key site of contest between a dominant language ideology of monolingualism aligned with fast capitalist…

Building Global Learning Communities

Science.gov (United States)

Cochrane, Thomas; Buchem, Ilona; Camacho, Mar; Cronin, Catherine; Gordon, Averill; Keegan, Helen

2013-01-01

Within the background where education is increasingly driven by the economies of scale and research funding, we propose an alternative online open and connected framework (OOC) for building global learning communities using mobile social media. We critique a three year action research case study involving building collaborative global learning…

Globalization and its Impact on Bangladesh Economy

National Research Council Canada - National Science Library

Rahman, Faizur

2005-01-01

...), and the World Trade Organization (WTO) in setting the rules under which globalization is played, has placed developing countries in a much disadvantageous position vis-a-vis the developed countries...

Social Justice and Lower Attainers in a Global Knowledge Economy

OpenAIRE

Sally Tomlinson

2013-01-01

National governments believe that higher levels of educational attainments and training are necessary for successful competition in knowledge-driven economies and all young people are urged to invest in their own human capital and learn new skills. Moves towards inclusive education have brought into mainstream schools and colleges many who would formerly have been segregated in special schooling or otherwise given minimum education, joining those simply regarded as lower attainers. More resea...

Civil Society and Public Powers : Partners for Social Economy and ...

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

Civil Society and Public Powers : Partners for Social Economy and Solidarity ... Working paper : food security and sovereignty ... to announce the results of its 2017 call for proposals to establish Cyber Policy Centres in the Global South.

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.

GLOBAL TRADE. THE KEY TO TRANSATLANTIC COMPETITIVENESS

Directory of Open Access Journals (Sweden)

Mădălina Laura CUCIURIANU

2015-04-01

Full Text Available Global trade has an important characteristic in terms of open global markets by means of eliminating barriers to trade and investment. The United States and the European Union, two major international actors and competitors in the economic field, have both the opportunity to change the global trade by concluding the negotiations of the Transatlantic Trade and Investment Partnership. For this reason, this paper tries to find the connections between global trade and transatlantic competitiveness in the way that the global trade can be considered a key to transatlantic competitiveness. The United States and the European Union are global actors and competitors in the global economy and the play field is the global trade. In order to be aware of the importance ofglobal trade in the transatlantic competitiveness, this paper includes also an analysis of the concrete actions that both economic powers are taking in key-sectors of the transatlantic economy.

A New Globalization Paradigm: World Unity or Alternatives for Development?

Directory of Open Access Journals (Sweden)

Oleg Shvydanenko

2005-02-01

Full Text Available This article deals with the conceptual foundations of the modern global economic system of development. It reflects the cyclical nature of changes to and the details of global integration processes. The creation of a global economy from a multi-paradigmatic angle is briefly outlined, taking into account the modern paradigms of globalization and the predominance of alternatives to the future development of a global economic space. The article investigates the development of a new type of world economy, a multi-system with a proven role for linkages and a more consolidated world economy. The article reveals the initial conditions for and main qualitative changes related to the integrated development of a complex network of interdependent national societies and macro-regional geo-economic structures. The article also reveals changes in the configuration of those factors that provide competitiveness for these societies and geo-economic formations.

The Governance of Global Wealth Chains

DEFF Research Database (Denmark)

Seabrooke, Leonard; Wigan, Duncan

liability and (3) innovation capacities among suppliers of products used in wealth chains. We then differentiate five types of global value chain governance - market, modular, relational, captive, an d hierarchy – which range from simple ‘off shelf’ products shielded from regulators by advantageous...... international tax laws to highly complex and flexible innovative financial products produced by large financial institutions and corporations. This article highlights how Global Wealth Cha ins intersect with value chains and real economies, and provides three brief case studies on offshore shell companies......This introduction to the Special Issue creates a theoretical framework to explain how Global Wealth Chains are created, maintained, and governed. We draw upon different strands of literature, including scholarship in international political economy and economic geography on Global Value Chains...

Knowledge based economy: The role of expert diaspora

Directory of Open Access Journals (Sweden)

Filipović Jovan

2012-01-01

Full Text Available Diasporas stand out as an economic or cultural avant-garde of transformation. This is especially true for academic and other intellectual Diaspora communities, because science and knowledge creation are global enterprises. Proclivity of knowledge workers to move in order to improve and absorb transnational knowledge through Diaspora networks might be an essential quality of an emerging national economy of a developing country. The article treats the role of expert Diaspora in knowledge based economy, innovation and talent management. Besides presenting the essentials of knowledge based economy and innovation, it discusses the role of expert Diaspora in science, technology and innovation (STI capacity building. Also, the article emphasizes the importance of leadership for talent and its implications for Diaspora. Using WEF statistics, it illustrates negative consequences of the sad policy of “Chaseaway the brightest and the best” for innovative capacity, competitiveness, and prosperity of nations.

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...

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...

Highlighting continued uncertainty in global land cover maps for the user community

International Nuclear Information System (INIS)

Fritz, Steffen; See, Linda; McCallum, Ian; Schill, Christian; Obersteiner, Michael; Van der Velde, Marijn; Boettcher, Hannes; Havlík, Petr; Achard, Frédéric

2011-01-01

In the last 10 years a number of new global datasets have been created and new, more sophisticated algorithms have been designed to classify land cover. GlobCover and MODIS v.5 are the most recent global land cover products available, where GlobCover (300 m) has the finest spatial resolution of other comparable products such as MODIS v.5 (500 m) and GLC-2000 (1 km). This letter shows that the thematic accuracy in the cropland domain has decreased when comparing these two latest products. This disagreement is also evident spatially when examining maps of cropland and forest disagreement between GLC-2000, MODIS and GlobCover. The analysis highlights the continued uncertainty surrounding these products, with a combined forest and cropland disagreement of 893 Mha (GlobCover versus MODIS v.5). This letter suggests that data sharing efforts and the provision of more in situ data for training, calibration and validation are very important conditions for improving future global land cover products.

METHODOLOGY OF RESEARCH AND DEVELOPMENT MANAGEMENT OF REGIONAL NETWORK ECONOMY

Directory of Open Access Journals (Sweden)

O.I. Botkin

2007-06-01

Full Text Available Information practically of all the Russian regions economy branches and development by managing subjects is information − communicative the Internet technologies render huge influence on economic attitudes development in the environment of regional business: there are new forms of interaction of managing subjects and change is information − organizational structures of regional business management. Integrated image of the set forth above innovations is the regional network economy representing the interactive environment in which on high speed and with minimal transaction (R.H.Coase’s costs are performed social economic and commodity monetary attitudes between managing subjects of region with use of Internet global network interactive opportunities. The urgency of the regional network economy phenomenon research, first of all, is caused by necessity of a substantiation of regional network economy methodology development and management mechanisms development by its infrastructure with the purpose of regional business efficiency increase. In our opinion, the decision of these problems will be the defining factor of effective economic development maintenance and russian regions economy growth in the near future.

Ranking seasonal rainfall forecast skill of emerging and developing economies

CSIR Research Space (South Africa)

Landman, WA

2015-09-01

Full Text Available Some of the biggest emerging markets economies include countries in South America, Asia and Africa. In the global south, political and developmental similarities (e.g. climate variability occurring in conjunction with marked developmental challenges...

Innovation Strategies for a Global Economy: Development ...

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

2010-10-01

Oct 1, 2010 ... This path-breaking book integrates theory, case studies, data and policy ... their development, implementation, measurement and management. Following the global economic crisis, people are asking: what went wrong? Here ...

Overcoming the Ulama: Globalizing Iran's Political Economy

National Research Council Canada - National Science Library

Brechbill, Alan M

2008-01-01

..., or to participate more actively in the outside world. The religious establishment or ulama play the most significant role in the dichotomy between Iran's theocratic conservatism and the position Iran takes in globalization...

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.

Democracy, globalization and ethnic violence

NARCIS (Netherlands)

Bezemer, D.J.; Jong-A-Pin, R.

Bezemer, Dirk, and Jong-A-Pin, Richard Democracy, globalization and ethnic violence Do democratization and globalization processes combine to increase the incidence of violence in developing and emerging economies? The present paper examines this hypothesis by a study of internal violence in

Fueling the Gig Economy: A Case Study Evaluation of Upwork.com

OpenAIRE

Daryl D. Green; Craig Walker; Abdulrahman Alabulththim; Daniel Smith; Michele Phillips

2018-01-01

With recent downsizing of talented professionals and the power of globalization to provide opportunities for more underdeveloped countries, the gig economy is a source of influence in today’s generation of professionals. Online outsourcing media have shown to be valuable resources for companies who need a specific set of skills for a limited period. This case study evaluates Upwork.com, one of the leading freelance websites in the gig economy; this article provides insights on how others shou...

"Can Global Imbalances Continue?: Policies for the U.S. Economy"

OpenAIRE

Dimitri B. Papadimitriou; Gennaro Zezza; Greg Hannsgen

2006-01-01

In this new Strategic Analysis, we review what we believe is the most important economic policy issue facing policymakers in the United States and abroad: the prospect of a growth recession in the United States, linked to the imbalances in the U.S. current account, government, and private sector deficits. The current account balance, which is a negative addition to U.S. aggregate demand, is now likely to be above 6.5 percent of GDP and has been rising steadily for some time. The government ba...

COPING WITH GLOBAL MELTDOWN: INDIA’S EXTERNAL SECTOR

Directory of Open Access Journals (Sweden)

Nandita Sethi

2011-07-01

Full Text Available n 2008 the world economy landed itself in the midst of the most severe financial recession which originated in the developed countries and spread to the developing countries which were hit hard through capital reversals, rising borrowing costs, collapsing world trade and commodity prices, and subsiding remittances. India’s engagement with the global economy became deeper from the 1990s and this made it inevitable to be affected by the global meltdown. This paper attempts to analyze the impact of the global recession on the external sector of the Indian economy. A pre and post recession (2008 analysis is undertaken to see the impact on trade, capital flows, exchange rates and foreign exchange reserves and external debt. The analysis reveals that while India was adversely impacted due to the slowdown in trade, capital flows and outsourcing; the impact has not been as much as in many other Asian economies. The capital flows were soon back, as India seemed like a save haven for funds with reasonable growth and interest rates. The Indian banking and regulatory system has been credited for following prudential norms and India’s huge domestic market and fiscal stimulus have got the economy almost back on track with growth rates looking up again.

Global exponential stability of cellular neural networks with continuously distributed delays and impulses

International Nuclear Information System (INIS)

Wang Yixuan; Xiong Wanmin; Zhou Qiyuan; Xiao Bing; Yu Yuehua

2006-01-01

In this Letter cellular neural networks with continuously distributed delays and impulses are considered. Sufficient conditions for the existence and global exponential stability of a unique equilibrium point are established by using the fixed point theorem and differential inequality techniques. The results of this Letter are new and they complement previously known results

Globalization: an open door for the knowledge economy

Directory of Open Access Journals (Sweden)

Andreea MARIN-PANTELESCU

2009-12-01

Full Text Available Globalization refers to an emphasized process of global integration and spreading a set of ideas related to the economical activity and goods’ production, the premises being the liberalization of international commerce and the capital flows, the speeding up of the technological progress and informational society. The cognitive society is more and more obvious and unanimously accepted, which actually proves its efficiency. If traditional, conservative communities, which are not open to change and reject from the start anything new on the horizon, still exist today, they are isolated cases that will eventually be "converted" by this wave of information that has become indispensable to any development because in its absence resources could not be used efficiently. Taking into consideration these elements, this paper wishes to give arguments to the fact that globalization can be seen as being an open door for the cognitive society.

The Study on University Financial Management under Knowledge Economy

Science.gov (United States)

Yongfan, Xu

The coming of knowledge economy creates unprecedented situation of economy development. The trend of education's globalization as well as communication means frequently updated severely hit the system of financial management. Along with the deep going of education industrialization, and development of logistics management socialization, system and content of university financial management are increasingly expending and getting more and more complex that result in new challenge and problems to financial management. In order to step up with university development of internationalization and the logistics development of socialization, the financial management has to reform in response to this new challenge and trend.

Financial development and poverty reduction in emerging market economies

Directory of Open Access Journals (Sweden)

Bayar Yılmaz

2017-01-01

Full Text Available Poverty reduction is one of the key challenges in the globalized world. This study investigates the relationship between financial development and poverty reduction in emerging market economies during the period 1993- 2012. The Carrión-i-Silvestre, del Barrio-Castro, and López-Bazo (2005 panel unit root test and the Basher and Westerlund (2009 cointegration test was applied considering the cross-sectional dependence and multiple structural breaks in the study period. The findings indicated that financial development, including banking sector development and stock market development, had a significant positive impact on poverty reduction in emerging market economies.

PUBLIC SECTOR CONCEPTUALIZATION OF ECONOMY IN SYSTEM OF ECONOMIC AND THEORETICAL KNOWLEDGE

Directory of Open Access Journals (Sweden)

Y. Hirnyk

2017-06-01

Full Text Available The article examines trends shaping the problem of "public sector". The research shows the history of the formation of the concept of "social economy", its relationship with the basic principles of theoretical economic analysis and development. The paper investigates process of establishing the structure of the phenomenon of the public sector and its interaction with the challenges of the modern world and the global economy. The article deals with the role of the public sector in the production of public goods. The researchers evaluated the effect of its scale in indicators of social, economic and i institutional development. The study singled out performance criteria for public sector institutions and analyzed changes of vectors public choice in terms of globalization changes. It was revealed the impact of global institutional transformation and structural reforms in the public sector, in-depth conceptual basis of improving the efficiency of public sector functions.

Globalization and the identity dilemma

Directory of Open Access Journals (Sweden)

Alina-Petronela NEGREA

2012-09-01

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

Agricultural biotechnology and its contribution to the global knowledge economy.

Science.gov (United States)

Aerni, Philipp

2007-01-01

The theory of neoclassical welfare economics largely shaped international and national agricultural policies during the Cold War period. It treated technology as an exogenous factor that could boost agricultural productivity but not necessarily sustainable agriculture. New growth theory, the economic theory of the new knowledge economy, treats technological change as endogenous and argues that intangible assets such as human capital and knowledge are the drivers of sustainable economic development. In this context, the combined use of agricultural biotechnology and information technology has a great potential, not just to boost economic growth but also to empower people in developing countries and improve the sustainable management of natural resources. This article outlines the major ideas behind new growth theory and explains why agricultural economists and agricultural policy-makers still tend to stick to old welfare economics. Finally, the article uses the case of the Cassava Biotechnology Network (CBN) to illustrate an example of how new growth theory can be applied in the fight against poverty. CBN is a successful interdisciplinary crop research network that makes use of the new knowledge economy to produce new goods that empower the poor and improve the productivity and nutritional quality of cassava. It shows that the potential benefits of agricultural biotechnology go far beyond the already known productivity increases and pesticide use reductions of existing GM crops.

The Global Compact. Corporate Leadership in the World Economy

OpenAIRE

Annan, Kofi

2002-01-01

United Nations Secretary-General Kofi Annan first proposed the Global Compact in an address to The World Economic Forum on the 31st January 1999. The Global Compact’s operational phase was launched at UN Headquarters in New York on the 26th July 2000. The Secretary-General challenged business leaders to join an international initiative – the Global Compact – that would bring companies together with UN agencies, labour and civil society to support nine principles in the areas of human rights, ...

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.

Global Energy-Economy-Environment (E3) Scenarios to 2050 and Beyond

International Nuclear Information System (INIS)

Schrattenholzer, L.

2005-01-01

The Environmentally Compatible Energy Strategies (ECS) Program at the International Institute for Applied Systems Analysis (IIASA) develops policy-relevant global and world-regional energy perspectives. The basic premise of the ECS's research program is a global trend of d ecarbonization . Firstly, decarbonization includes a trend toward ever-greater efficiency, or ever less waste, in society's use of energy resources. Secondly, it includes a trend towards less carbon-intensive fossil fuels (e.g., from coal toward natural gas) and, further, to non-fossil fuels, especially renewable energy carriers. Technological change is generally regarded as one of the key drivers of sustained economic growth. Long-term energy scenarios developed at IIASA and elsewhere show that, depending on key assumptions on drivers such as population, economic growth and technological development, global energy development can be environmentally unsustainable. First, energy development might not lead to stabilizing greenhouse concentrations and might thus have significant negative impacts on the global climate. In addition, some, especially coal-intensive, scenarios might lead to levels of acid deposition at which significant damage to sensitive ecosystems is expected to occur in Europe and, even more so, in Asia. A continuation of the observed historical long-term trends of decarbonization, dematerialization, and energy efficiency improvements might therefore not be sufficient to achieve sustainable growth. Targeted technological development aiming at accelerating decarbonization, dematerialization, and/or efficiency improvement may be one of the most effective means for reconciling economic growth with global environmental objectives. This might require a step-up in investments in R and D and in the demonstration of technologies so as to stimulate both learning-by-searching and learning-by-doing. In this presentation, global E3 scenarios will be summarized in the following three groups: Non

Policy and Regulatory Challenges in the Tourism Collaborative Economy

DEFF Research Database (Denmark)

Dredge, Dianne

2017-01-01

The choice of policy approach and regulatory framework in dealing with the collaborative economy rests on two fundamental factors—that government decisions should be based on good sound knowledge and that this knowledge should be above politics. In the newly emerging and rapidly growing collabora......The choice of policy approach and regulatory framework in dealing with the collaborative economy rests on two fundamental factors—that government decisions should be based on good sound knowledge and that this knowledge should be above politics. In the newly emerging and rapidly growing......-sectors of the collaborative economy. However, these solutions are often based on assumptions about government sovereignty and power relations that do not necessarily apply in the slippery global world of platform capitalism. This chapter seeks to undertake a critical exploration of the factors and values that permeate...

Knowledge Creation in International Joint Ventures in Emerging Economies

DEFF Research Database (Denmark)

Nielsen, Ulrik B.

Entering and developing presence in emerging economies often require foreign firms to set up International Joint Ventures (IJVs) with local partners, especially when the prime motive of the operation is to capture opportunities in the local markets (Mohr & Puck, 2005). IJVs have therefore become...... an important way for firms to enter these markets and a significant force in shaping a firm’s global strategy in expanding international activities abroad. However, research has shown that IJVs in emerging economies are unstable, and firms have experienced that performance of their IJVs in these emerging...... economies often does not meet their expectations (Fang & Zou, 2010). Extant research has shown that, in general, management of IJVs appears to be a difficult issue. 60-70% of all partnerships are not successful (Lambe, Spekman, & Hunt, 2002). Inter-partner learning has been proposed in the literature...

Interdisciplinary Approach to the Study of Shadow Economy

Directory of Open Access Journals (Sweden)

Elena Aleksandrovna Orekhova

2016-03-01

-level, the micro-level, the meso- level, the macro-level and the global level. In addition, we prove the feasibility of studies at the regional level due to the prevalence of a number of cultural and mental factors in the shadow economy. This approach not only promotes a deep and comprehensive study of the shadow economy in Russia but also the development of an adequate system of anti-shadow policy.

The New Economy, Technology, and Learning Outcomes Assessment

Science.gov (United States)

Moore, Anne H.

2007-01-01

Many observers describe the 21st century as a complex age with new demands for education and new requirements for accountability in teaching and learning to meet society's needs in a new, global economy. At the same time, innovations in teaching and learning and proposals for measuring them often seem disconnected from public and political…

Role of local governments in promoting renewable energy businesses: a contribution to the green urban economy

NARCIS (Netherlands)

Mans, U.; Meerow, S.

2012-01-01

Although policy-makers and entrepreneurs across the world are increasingly talking about the green economy, much of this debate still centers on the state of the global economy at the nation-state level. The role of renewable energy sourcing remains limited, while dependence on fossil fuels remains

Globalization challenges in a globalized world