WorldWideScience

Sample records for global market le

  1. Global marketing control

    NARCIS (Netherlands)

    John Rance; Galina Zhiltsova

    2009-01-01

    The reasoning issue of this work is to research and define the efficient methods of global marketing control. The report is focused on the following aspects: the importance of the control systems in global marketing environment, the relationship between planning and controlling, types and the

  2. Design for Global Markets

    DEFF Research Database (Denmark)

    Boztepe, Suzan

    2009-01-01

    In a global economy, no company can safely assume that their products will be accepted in foreign markets. One key issue is to understand and meet the latent needs of culturally diverse target markets. This book examines from a user perspective the issue of developing new products for global...... markets. Given that main goal of any design is to create value for users, Boztepe argues that the concept of user value could be a driving force in design decision-making regarding product development for global markets. Through interviews with women about their kitchen practices and observations...... framework to assists marketers, product designers and managers to deal with the complex issue of designing and tailoring products for local needs....

  3. Pathways to Global Markets

    DEFF Research Database (Denmark)

    Smith, David E.; Mitry, Darryl J.

    2011-01-01

    . An important case study is McDonald‘s corporation, the world‘s largest fast food restaurant chain. This company has employed divergent marketing and economic strategies in both domestic and the international markets to become a leader in the global marketplace. An overview of the company‘s background......, organizational structures, mission and vision illustrate McDonald‘s strategic focus on its proactive evolution from a small drive-through operation to a global fast-food giant. The strategy is based on its ability to adapt to the cultural differences of the markets that McDonald‘s serves while preserving its...

  4. Global Derivatives Market

    Directory of Open Access Journals (Sweden)

    Stankovska Aleksandra

    2017-06-01

    Full Text Available Globalization of financial markets led to the enormous growth of volume and diversification of financial transactions. Financial derivatives were the basic elements of this growth. Derivatives play a useful and important role in hedging and risk management, but they also pose several dangers to the stability of financial markets and thereby the overall economy. Derivatives are used to hedge and speculate the risk associated with commerce and finance.

  5. Global offshore pipeline markets

    International Nuclear Information System (INIS)

    Knight, R.; Parsons, B.

    2001-01-01

    In this article, two experts forecast a recovery in the offshore pipeline market followed by accelerating growth. A number of clearly definable macro trends are affecting the world offshore oil and gas industry and will be of considerable significance to the offshore pipelines industry. The authors' view is of markets that show every chance of enjoying long-term growth prospects driven by the fundamentals of a continuing increase in demand for offshore oil and gas. The offshore industry however has a highly cyclical nature, due to the impact of variations in oil and gas prices and the differing state of maturity of individual regions. Therefore those companies that are able to offer the widest range of pipe types and diameters and methods of installation across the greatest range of geographic markets are likely to prosper most. Thus, this continues to be a market best suited to those able to operate on a global scale and make a corporate commitment measured in decades

  6. Global PV Market Development

    International Nuclear Information System (INIS)

    Schmidt, F.

    2009-01-01

    The dawn of 2009 saw several events which caused major turbulence in the global photovoltaic industry. In 2008 the Spanish PV market grew beyond all expectations and even outranked Germany as the world's number one market. However, the promotion scheme was modified and a market cap was introduced in 2009, cutting back the maximum capacity to be installed to about the level of 2007. In addition, the industry is facing an oversupply of PV modules and a harsh recession which is significantly affecting the traditionally strong PV markets. International photovoltaic companies are challenged by a changing market situation: all of a sudden, competition has increased significantly, pushing the customer to the fore. As a result, a consolidation process is expected within the PV industry worldwide. However, the story is not all negative. In the U.S., the election of Barack Obama may be seen as the starting signal for a massive expansion in PV, likely to bring the country to first place globally within the next five years. Furthermore, different markets and market segments are being opened up - especially in Europe - thanks to the gradual arrival of generation parity and new PV support mechanisms. EuPD Research has observed and studied international PV markets since its foundation. The information included in the presentation is based on a wide range of quantitative and qualitative studies that EuPD Research has conducted in the key markets since 2002. Florian Schmidt, EuPD Research's Head of Product Management, will give an overview of the global PV market and how it is developing in this crucial year 2009. Aspects such as technology development, production capacities and the demand side will be included, with a special emphasis on the European PV markets. So far Chinese PV companies have often benefited from the booming PV markets in Europe, above all Germany and Spain. Due to the lack of domestic market, the Chinese industry strongly depends on the export and is

  7. Globalization, Labor Markets and Inequality in India | CRDI - Centre ...

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

    Globalization, Labor Markets and Inequality in India. Couverture du livre Globalization, Labor Markets and Inequality in India. Auteur(s):. Dipak Mazumdar et Sandip Sarkar. Maison(s) d'édition: Routledge, CRDI. 30 janvier 2008. ISBN : 9780415436113. 384 pages. e-ISBN : 9781552503737. Téléchargez le PDF.

  8. Romanian Market Researches in Global Market Context

    Directory of Open Access Journals (Sweden)

    Victor Danciu

    2006-03-01

    Full Text Available Market research is a powerful industry, whose value reached 21,5 billion USD in 2004. Market studies expenses are mostly concentrated in Europe (45% and in USA (37%. The market shares of the Top 10 companies were above fifty per cent of the research market’s turnover. As a young, modest market, which is 0,84% of the global expenses value, Romania was the global leader in terms of growth, in 2004. With an asymmetric demand and a relatively concentrated offer, the Romanian research market may have a spectacular development in the future, if the obstacles for the customers and research companies are surpassed. If so, the pressures following the UE’s entry of Romania and the evolution of customers needs and expectations will speed up the growth of the market research.

  9. Romanian Market Researches in Global Market Context

    Directory of Open Access Journals (Sweden)

    Victor Danciu

    2006-05-01

    Full Text Available Market research is a powerful industry, whose value reached 21,5 billion USD in 2004. Market studies expenses are mostly concentrated in Europe (45% and in USA (37%. The market shares of the Top 10 companies were above fifty per cent of the research market’s turnover. As a young, modest market, which is 0,84% of the global expenses value, Romania was the global leader in terms of growth, in 2004. With an asymmetric demand and a relatively concentrated offer, the Romanian research market may have a spectacular development in the future, if the obstacles for the customers and research companies are surpassed. If so, the pressures following the UE’s entry of Romania and the evolution of customers needs and expectations will speed up the growth of the market research.

  10. Global market and consumers

    Directory of Open Access Journals (Sweden)

    Rakić Beba

    2003-01-01

    Full Text Available All consumers in the world share certain needs and desires. They show however, remarkable diversity in the way they satisfy these needs and desires. Understanding the consumer behavior is difficult enough in the confines of a single country. Can manager understand the consumer behavior in many different world markets? International marketer must learn how to satisfy customers with widely different buying behaviors.

  11. Internet marketing global features

    Directory of Open Access Journals (Sweden)

    Rakita Branko

    2005-01-01

    Full Text Available Business environment incessantly bringing a yard of a new challenges to market entities. One of the greatest challenges that companies faced during the last couple of decades was development of information systems as well as a large scale usage of world's greatest computer network - Internet - no matter how big they were or what their activities included. There are many papers about Internet, its development, social and economic significance. However, there is no paper or article written by a local author that systematically and thoroughly treats marketing importance of Internet. This paper presents potentials and business importance of internet marketing in new millennium. It considers internet as a communication, trade and distribution channel. In addition, the paper highlights research potentials of Internet.

  12. TODAY THE GLOBAL LABOR MARKET

    Directory of Open Access Journals (Sweden)

    D. G. Shchipanova

    2013-01-01

    Full Text Available The international movement of labor, including temporary impacts on the socio-economic development of the donor and recipient countries the labor force. In this regard, it is relevant and legitimate problems of the evolution of the global labor market, the need to examine the issues of labor mobility, the problems of international labor migration and its impact on the national markets of skilled labor in the context of globalization. Distribution and use of human resources becomes cross-border nature, and so an international study of the labor market.

  13. Global power: Markets and strategies

    International Nuclear Information System (INIS)

    Poirer, J.L.

    1998-01-01

    The author will first present an updated view of the global power market activity, including opportunities in power generation, transmission and distribution. This will include a review of the trends in closings and transaction flowed by type of activity and geographic area. Estimates will be based on Hagler Bailly's comprehensive database on global power transactions and project announcements. The firm has also worked with dozens of global power companies since 1990. Second, the author will review trends in terms of regulatory changes, project cost trends, developers' project experiences, and financing issues. This systematic review will be the foundation for projection of future market activity (e.g., number of closing by type of project through 2000). A forecast of future greenfield and privatization activity will be provided and the key markets will be highlighted. Third, the author will present an updated view of the competition in the global power market (including the various types of competitors and changes in their respective market posture). Finally, the author will discuss the various types of strategies and business models that are followed by key global power players

  14. Are water markets globally applicable?

    Science.gov (United States)

    Endo, Takahiro; Kakinuma, Kaoru; Yoshikawa, Sayaka; Kanae, Shinjiro

    2018-03-01

    Water scarcity is a global concern that necessitates a global perspective, but it is also the product of multiple regional issues that require regional solutions. Water markets constitute a regionally applicable non-structural measure to counter water scarcity that has received the attention of academics and policy-makers, but there is no global view on their applicability. We present the global distribution of potential nations and states where water markets could be instituted in a legal sense, by investigating 296 water laws internationally, with special reference to a minimum set of key rules: legalization of water reallocation, the separation of water rights and landownership, and the modification of the cancellation rule for non-use. We also suggest two additional globally distributed prerequisites and policy implications: the predictability of the available water before irrigation periods and public control of groundwater pumping throughout its jurisdiction.

  15. Global Standards of Market Civilization

    DEFF Research Database (Denmark)

    Global Standards of Market Civilization brings together leading scholars, representing a range of political views, to investigate how global 'standards of market civilization' have emerged, their justification, and their political, economic and social impact. Key chapters show how as the modern...... thought, as well as its historical application part II presents original case studies that demonstrate the emergence of such standards and explore the diffusion of liberal capitalist ideas through the global political economy and the consequences for development and governance; the International Monetary...... Fund's capacity to formulate a global standard of civilization in its reform programs; and problems in the development of the global trade, including the issue of intellectual property rights. This book will be of strong interest to students and scholars in wide range of fields relating to the study...

  16. Retailers’ competitiveness on global markets

    Directory of Open Access Journals (Sweden)

    Grażyna Śmigielska

    2017-02-01

    Full Text Available The aim of the chapter is to show that now retail trade is a global sector but because of its specificity new strategies are necessary if global retailers want to sustain their advantage. The  concept of globalization is discussed and then referenced to the retail sector.  The process of retail internationalization which resulted in the globalization of retail sector is analyzed.  It is assumed that the retailers were motivated by the goal of sustaining their competitive advantage. So some ideas of the main theoretical views of developing sustainable competitive advantage (SCA: Environmental View and Resource Based View, referring to the process of internationalization as well as Yip’s description of globalization process are presented. On the examples of some companies, leading the process of retail fast internationalization in XX century, like Ikea, Benetton, Carrefour, Wal-Mart, it is shown how the resources they developed and external environment contributed to their globalization process. It is found out that there were two stages of the globalization of retail sector: first, in which non food companies develop on international market and second, when the mass merchandisers offering food and other Fast Moving Consumer Goods (FMCG were involved. The fact that after fast internationalization representatives of both groups face problems leads to the conclusion that to be successful in the contemporary global retail market new capabilities should be developed.

  17. DEVELOPMENT TRENDS IN THE GLOBAL DENTAL MARKET

    Directory of Open Access Journals (Sweden)

    Veronica BULAT

    2013-12-01

    Full Text Available The paper analyses the key trends of the market, and segments the global dental equipment and consumables market by components and into various geographic regions in way of market size. It discusses the key market drivers, main players, restraints and opportunities of the global dental equipment and consumables market.

  18. BELGRADE MARKET AS A PART OF THE GLOBAL FINANCIAL MARKET

    Directory of Open Access Journals (Sweden)

    Nataša Simić

    2018-01-01

    Full Text Available Belgrade market has been operating since 1989 under the name of Yugoslav capital market, which changed its name to Belgrade market in 1992. The purpose and the idea which governs our financial authorities and the market participants is a more active involvement of the market in the operations of the global financial market.

  19. ABB and the global market

    International Nuclear Information System (INIS)

    Lindahl, G.

    1994-01-01

    Competing in a global environment implies that the authors previous business environment has been less than global, and there are indeed changes underway that lead to a more universal environment. But, there are still differences between regions and especially between the mature economies in the OECD countries and the rapidly developing countries, of which a majority are in Asia. For the OECD countries, the time after World War 2 and up to about 1970 was a period of unprecedented growth. Rebuilding after the war and a general growth of the use of electric power required high investments in power systems and caused a booming market for equipment suppliers. After a trend break in the beginning of the 1970s to less than 40 GW 10 years later, then slowly increased to about 50 GW today. At the same time, annual capacity growth in developing countries increased from less than 20 GW to about 50 GW, i.e. the same level as in OECD. This means that ABB is now passing a cross-over point: from now on less than half of their global market is in their well-known OECD world. And this share will continue to shrink. ABB is now restructuring to fulfill market needs in less developed, developing, and newly industrialized countries. This is the most important change in their global environment is addressed in this article

  20. Did Globalization Influence Credit Market Deregulation

    OpenAIRE

    Eppinger, Peter; Potrafke, Niklas

    2015-01-01

    We investigate whether globalization influenced credit market deregulation over the period 1970-2010. Globalization is measured by the KOF indices of globalization. Credit market deregulation is measured by the credit market freedom indicators of the Fraser Institute. The results from both cross-sectional and panel regressions using ordinary least squares indicate a positive correlation between globalization and credit market deregulation. We account for reverse causality by using predicted t...

  1. The Marketing 6 Conference; Le congres Marketing 6

    Energy Technology Data Exchange (ETDEWEB)

    Jego, H. [Gaz de France (GDF), 75 - Paris (France)

    1995-12-01

    The Marketing 6 congress has taken place in Cannes (France) from May 31 to June 2, 1995, with 600 participants from about 20 countries. It was organized by the Intergas Marketing Organization which concerns 19 member countries distributed worldwide. This paper is a report of this congress and is organized as a series of articles. The first article gives a first overview of the congress and a synthesis of the oral communications from natural gas industry personalities. The following articles are summaries of the talks given in each theme: the residential sector (customers services and information, heat and apparatus selling, safety control, improvement and optimization of natural gas use); the tertiary sector (stakes, engineering, market, and assets of natural gas, weaknesses, strategies and action plans); the industrial sector (technical assistance, customers service, wastes valorization and elimination, environment protection, low-power gas turbines); natural gas propulsion systems (vehicle refueling system), cogeneration and power production (gas turbine and fuel cells). Four round-tables were also organized on the following topics: communication (opportunities, targets, threats); environment (air quality, noise, wastes, soils and ground waters quality, materials recycling, apparatus adjustments and performances, new products, counsels); natural gas marketing in Central Europe countries; marketing studies. (J.S.). 1 fig. 15 photos.

  2. GLOBALIZATION IMPACT ON UKRAINIAN MARKET OF SHARES

    Directory of Open Access Journals (Sweden)

    O. Zotsenko

    2013-05-01

    Full Text Available The paper examines the impact of globalization on the Ukrainian market of shares. Main trends of globalization of world share market are analyzed. The study highlights key elements of the operating share markets of the world leading countries. The research investigates main factors that affect on the level of national market of shares. The findings trace out a number of problems that hinder and distort the role of the Ukrainian share market in capital allocation.

  3. A global assessment of market accessibility and market influence for global environmental change studies

    NARCIS (Netherlands)

    Verburg, P.H.; Ellis, E.C.; Letourneau, A.

    2011-01-01

    Markets influence the global patterns of urbanization, deforestation, agriculture and other land use systems. Yet market influence is rarely incorporated into spatially explicit global studies of environmental change, largely because consistent global data are lacking below the national level. Here

  4. Business Ethics in Globalized Financial Markets

    OpenAIRE

    Peter Koslowski

    2006-01-01

    Globalization extends the space of the things that are simultaneous for the human. This applies particularly to the decision-making in financial markets. The global market for capital is one of the main causes for globalization. How is this process of globalization to be judged from the point of view of business ethics? The paper investigates the ethical foundations of capital markets and of financial consulting. It analyzes the foundational theories of corporate governance in the Anglo-Ameri...

  5. The globalization and Europeanization of mortgage markets

    NARCIS (Netherlands)

    Aalbers, M.B.

    2009-01-01

    Do globalization and Europeanization lead to the deterritorialization of European mortgage markets? Neither economic globalization nor EU policies have resulted in one European mortgage market. The various European mortgage markets are still quite different from one another in many respects. In most

  6. Global PV markets and perspectives

    Energy Technology Data Exchange (ETDEWEB)

    Wolfsegger, Cristoph [European Photolvoltaic Industry Association (EPIA), Brussels, Belgium (Belgium)

    2007-06-15

    This presentation mainly talks about the global importance of the PV industry, not only in the environmental sphere but also in the economic sphere. It is firstly given the major information of the European Photovoltaic Industry Association (EPIA), where there can be found the lists of those full member countries that work as: components manufacturers, consulting, and associate members. Then, it is given a briefly explanation about the Alliance for Rural Electrification (ARE), and the reasons why the -PV systems- are almost the panacea to both the energy and the environmental issue. In addition, it is given the most relevant information about how to implement this system in those regions that have not yet implemented it. Besides, there are explained some of the benefits that this system has. It is shortly explained how this system is working in German and it is also shown a comparison chart about the photovoltaic feed-in tariffs. There are shown some graphics and charts having information related to the global markets and the global installations of PV systems and other issues related to them. [Spanish] Esta presentacion habla principalmente acerca de la importancia que hoy en dia tiene la industria fotovoltaica alrededor del mundo, esto no solo ocurre en el ambito ambiental sino tambien en el economico. En la primer parte se muestra la informacion mas importante acerca de la Asociacion Europea de la Industria Fotovoltaica (EPIA por sus siglas en ingles), en donde se encuentran las listas de los paises que son miembros permanentes trabajando como: fabricantes de componentes, asesores y miembros asociados. Enseguida, se da, de manera escueta, una explicacion acerca de la ARE, asi como las razones por las que los sistemas fotovoltaicos son casi la panacea tanto para los problemas ambientales como para los energeticos. Ademas, se explica la informacion mas relevante acerca de como implementar este sistema en aquellas partes del mundo que todavia no lo han realizado

  7. A global assessment of market accessibility and market influence for global environmental change studies

    Energy Technology Data Exchange (ETDEWEB)

    Verburg, Peter H [Institute for Environmental Studies, Amsterdam Global Change Institute, VU University Amsterdam, De Boelelaan 1087, 1081 HV Amsterdam (Netherlands); Ellis, Erle C [Department of Geography and Environmental Systems, University of Maryland, Baltimore County, Baltimore, MD 21250 (United States); Letourneau, Aurelien, E-mail: Peter.Verburg@ivm.vu.nl [UMR 5175 Centre d' Ecologie Fonctionnelle and Evolutive, Centre National de la Recherche Scientifique, 1919 Route de Mende, 34293 Montpellier cedex 5 (France)

    2011-07-15

    Markets influence the global patterns of urbanization, deforestation, agriculture and other land use systems. Yet market influence is rarely incorporated into spatially explicit global studies of environmental change, largely because consistent global data are lacking below the national level. Here we present the first high spatial resolution gridded data depicting market influence globally. The data jointly represent variations in both market strength and accessibility based on three market influence indices derived from an index of accessibility to market locations and national level gross domestic product (purchasing power parity). These indices show strong correspondence with human population density while also revealing several distinct and useful relationships with other global environmental patterns. As market influence grows, the need for high resolution global data on market influence and its dynamics will become increasingly important to understanding and forecasting global environmental change.

  8. A global assessment of market accessibility and market influence for global environmental change studies

    Science.gov (United States)

    Verburg, Peter H.; Ellis, Erle C.; Letourneau, Aurelien

    2011-07-01

    Markets influence the global patterns of urbanization, deforestation, agriculture and other land use systems. Yet market influence is rarely incorporated into spatially explicit global studies of environmental change, largely because consistent global data are lacking below the national level. Here we present the first high spatial resolution gridded data depicting market influence globally. The data jointly represent variations in both market strength and accessibility based on three market influence indices derived from an index of accessibility to market locations and national level gross domestic product (purchasing power parity). These indices show strong correspondence with human population density while also revealing several distinct and useful relationships with other global environmental patterns. As market influence grows, the need for high resolution global data on market influence and its dynamics will become increasingly important to understanding and forecasting global environmental change.

  9. A global assessment of market accessibility and market influence for global environmental change studies

    International Nuclear Information System (INIS)

    Verburg, Peter H; Ellis, Erle C; Letourneau, Aurelien

    2011-01-01

    Markets influence the global patterns of urbanization, deforestation, agriculture and other land use systems. Yet market influence is rarely incorporated into spatially explicit global studies of environmental change, largely because consistent global data are lacking below the national level. Here we present the first high spatial resolution gridded data depicting market influence globally. The data jointly represent variations in both market strength and accessibility based on three market influence indices derived from an index of accessibility to market locations and national level gross domestic product (purchasing power parity). These indices show strong correspondence with human population density while also revealing several distinct and useful relationships with other global environmental patterns. As market influence grows, the need for high resolution global data on market influence and its dynamics will become increasingly important to understanding and forecasting global environmental change.

  10. For a Global HTR Marketing Initiative

    International Nuclear Information System (INIS)

    Bredimas, Alexandre; Venneri, Francesco; Richards, Matthew

    2014-01-01

    HTRs are at a crossroads in their history. The technology is proven and the current technical developments relatively mastered but the marketing track record is disappointing. This paper comes to the conclusion that an international, collaborative marketing and communication plan must be implemented in order to address the marketing bottleneck of HTRs. The paper reflects about the HTR product specificities, its unique selling points and its positioning against other nuclear designs and gas cogeneration. It summarises the global market status and demonstrates that the global market for HTRs is there, for electricity generation, industrial cogeneration and polygeneration. The paper finally argues that HTR vendors have a shared interest to unite in order to succeed in activating the market demand for HTR, and suggests an action plan for an international collaboration among HTR vendors to market and communicate globally on HTRs and reach together a critical mass of business leads worldwide, a mutually beneficial outcome. (author)

  11. 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...

  12. Global capital markets: An updated profile

    Directory of Open Access Journals (Sweden)

    Filipović Miroslava

    2007-01-01

    Full Text Available More than two decades after the beginning of the financial revolution globalization of capital flows still attracts considerable attention, from both practitioners and academics. The aim of this paper is to contribute to understanding of some aspects of the global capital scene, as well as to emphasize certain developments which might illustrate its changing profile. Several fundamental perspectives profile the global capital market. A quantitative review provides a sense of sheer volumes, trends, origins and destinations of capital flows; an assessment of the global capital market’s degree of integration follows. The emergence of new (types of actors is another important aspect of the global processes, while illustrations of new market products and emerging segments may add new perspectives on the profile of the global capital market. Finally, the paper concludes with a brief overview of digitalization of the financial supply chain.

  13. 77 FR 35944 - Renewal of the Global Markets Advisory Committee

    Science.gov (United States)

    2012-06-15

    ... international standards for regulating futures, swaps, options, and derivatives markets, as well as..., competitive, and financially sound futures and options markets. Meetings of the Global Markets Advisory... COMMODITY FUTURES TRADING COMMISSION Renewal of the Global Markets Advisory Committee AGENCY...

  14. Trading Platform for the Global Warrant Markets

    Directory of Open Access Journals (Sweden)

    Iosif ZIMAN

    2011-01-01

    Full Text Available Global warrant markets are among the most active financial markets in the retail derivatives investment landscape currently. In this context some of the most relevant markets in the last years have been the ones across Asia and in particular Hong Kong, Korea and Japan. This paper introduces the financial instruments used in connection with the warrant markets, pre-sents and offers suggestions for setting up a generic warrant market making system and in-troduces the main concepts and components that need to be taken into account when develop-ing these systems targeting an exchange driven or E-Businesscontext.

  15. Globalization and innovation in emerging markets

    Czech Academy of Sciences Publication Activity Database

    Gorodnichenko, Y.; Švejnar, Jan; Terrell, K.

    -, č. 14481 (2008), s. 1-48 ISSN N Institutional research plan: CEZ:AV0Z70850503 Keywords : globalization * innovation * emerging markets Subject RIV: AH - Economics http://www.nber.org/papers/w14481.pdf

  16. Chancen und Gefahren von Global-Marketing-Konzepten

    OpenAIRE

    Berndt, Ulrike

    1990-01-01

    Chancen und Gefahren von Global-Marketing-Konzepten. - Augsburg : Förderges. Marketing, 1990. - 57, XII S. - Zugl: Augsburg, Univ., Diplomarb. - (Arbeitspapiere zur Schriftenreihe Schwerpunkt Marketing ; 29)

  17. Romanian Insurance Market Facing Globalization Process

    Directory of Open Access Journals (Sweden)

    Dumitru G. Badea

    2008-09-01

    Full Text Available The Romanian insurance market has passed through a permanent process of growth which ended up in 2004 to exceed the threshold of 1 billion Euros, in the frame of a small awareness and confidence of the population towards insurance, even now after 15 years. The globalization process of the financial markets affected also the Romanian market even before Romania became member of the European Union. The globalization brought about benefits (especially under the form of increase in the quality of the services provided to clients but also disadvantages for local companies (significant costs in logistics and training in order to cope with the international groups.

  18. Globalization determinants of raw materials markets development

    Directory of Open Access Journals (Sweden)

    Olga Yatsenko

    2013-02-01

    Full Text Available The determinants of development of raw materials markets and the peculiarities of their formation in the terms of world economy globalization have been researched. The empirical base of research is the agricultural food market as one of the most important bases in the sphere of material production and provision of food security of the country. The important social and economic mission of the agricultural sector has been highlighted, along with the export competitiveness and import dependence of agricultural food products in the international trade. The imperative norms have been substantiated and conclusions have been drawn regarding the establishment of respective conditions for the operation of globally integrated markets in Ukraine.

  19. Regulatory Competition in Global Financial Markets

    DEFF Research Database (Denmark)

    Ringe, Georg

    2015-01-01

    competition are a reality in today’s global financial market, and the financial sector is different from their traditional fields of application: the ease of arbitrage, the fragility of banking and the risks involved are exceptional. Most importantly, regulatory arbitrage does not or only rarely occurs......The decades-long discussion on the merits of regulatory competition appears in a new light on the global financial market. There are a number of strategies that market participants use to avoid the reach of regulation, in particular by virtue of shifting trading abroad or else relocating activities...

  20. Globalization and innovation in emerging markets

    OpenAIRE

    Gorodnichenko, Yuriy; Svejnar, Jan; Terrell, Katherine

    2009-01-01

    Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their competitive position. Using data on firms in 27 transition economies, the authors test for the effects of globalization through the impact of increased competition and foreign direct investment on domestic firms' efforts to innovate (raise their capability) by upgrading the...

  1. Making Education Markets through Global Trade Agreements

    Science.gov (United States)

    Robertson, Susan L.

    2017-01-01

    This paper uses the global trade negotiations and agreements, which include education sectors as potentially tradable services, to show the complex processes at work in making global education markets. Drawing on the work of Jens Beckert and others, I focus on the micro-processes of making capitalist orders and the challenges at hand in bringing…

  2. GREEN MARKETING AND GLOBAL SCENARIOS‎

    OpenAIRE

    Dr. Jessy George; R. Jith

    2017-01-01

    Green Marketing must satisfy two objectives Improved Environmental Quality and Customer Satisfaction. Although no consumer product has a zero impact on the environment, in business, the terms "green product" and "environmental product" are used commonly to describe those that strive to protect or enhance the natural environment by conserving energy and/or resources and reducing or eliminating use of toxic agents, pollution, and waste. The present study has made an attempt to describe why the ...

  3. Navigating the global carbon market

    International Nuclear Information System (INIS)

    Schneider, Malte; Hendrichs, Holger; Hoffmann, Volker H.

    2010-01-01

    From a slow start, the clean development mechanism (CDM) market has recently experienced enormous growth. However, the CDM market has been increasingly criticised, resulting in a lively debate about how to reform, complement, or replace it. In order to increase transparency and assist policy-makers in better understanding the current market, we depart from the traditional project-level perspective on CDM and analyse commercial activities by utilising data from UNEP Risoe's CDM Bazaar. To this end, we first establish a seven-step value chain by conducting a factor analysis on the commercial activities indicated in the Bazaar and, second, identify nine prevalent business models with a cluster analysis of all 495 participating organisations. Based on these analyses, we discuss potential impacts on the value chain of different policy scenarios that rely on carbon credits as incentive. We find that the importance of specific regulatory CDM know-how and general business activities such as finance varies strongly with the different policy scenarios. Our analysis serves to sensitise policy-makers and business about implications of different regulatory designs.

  4. Regulation of alcohol marketing: a global view.

    Science.gov (United States)

    Casswell, Sally; Maxwell, Anna

    2005-09-01

    The marketing of alcohol produces a new challenge for policy development internationally, in part because of the increase in the use of new, unmeasured technologies. Many of these new developments are, as yet, relatively invisible in the policy arena. New approaches in branding, the utilization of marketing opportunities via branded events and new products provide additional complexity to attempts to monitor and to restrict the impact of marketing on young people and other vulnerable groups. Current attempts to restrict marketing globally, which rely primarily on voluntary codes and focus on traditional media, are inadequate to these challenges. A new statutory framework is required to enable the monitoring and control of the full marketing mix in ways which match the sophistication of the marketing efforts themselves.

  5. Global stock market in 1990-s

    Directory of Open Access Journals (Sweden)

    Moshenskyi S.Z.

    2017-08-01

    Full Text Available The 1990s became a period of long-term recovery, the main driving force of which was the high-tech companies of the so-called «new economy», mainly associated with information technology and Internet at the global stock market. Such innovations have led to unrealistic expectations of the profitability of new companies from the sale of goods and services on the Internet. This became a prerequisite for a speculative boom in equity markets in developed financial systems. The boom intensified the mass privatization of state-owned enterprises in UK, Germany, France and some other countries. The capitalization of the global stock market increased more than ten times although the world GDP grew only 2.5 times during two decades, from 1980 to 2000. Though the stock market is the source of capital only in the countries with the Anglo-American model of financial markets (for countries of continental Europe and Japan such sources are bank loans, stock markets increased in all countries with developed financial systems. The systematic analysis of such key indicators as market capitalization and liquidity is required for an objective assessment of such rise in stock markets. But statistical information at stock markets is often not systematized and fragmentary. Therefore, the author (based on the official statistics of such international financial organizations as the Organization for Economic Co-operation and Development and the World Federation of Exchanges has calculated and systematically analyzed capitalization and liquidity as the main indicators of the stock market for the largest countries with developed financial systems (USA, Great Britain, Germany, France, Japan. The paper displays the differences in the mechanisms of attraction of capital determined by the different models of financial markets (decentralized Anglo-American and centralized European as well as the features of the composition of the main investors in the world stock markets.

  6. Elaboration et Suivi des Budgets de Marketing Industriel: le Système ADVISOR

    OpenAIRE

    Choffray, Jean-Marie; Delabre, Gilles

    1982-01-01

    Cet article revoit les problèmes posés par l'élaboration et le suivi des budgets de marketing dans un environnement industriel. Il présente le système ADVISOR pour lequel nous avons développé un programme interactif adapté aux besoins des entreprises Françaises.

  7. BALTIC CONTAINER SHIPPING MARKET GOES GLOBAL

    Directory of Open Access Journals (Sweden)

    Ernest Czermański

    2016-03-01

    Full Text Available This paper aims at summarizing the last period of the Baltic container shipping mar-ket’s development, especially after 2000. The author, taking especially into account changes that have occurred in 2010, ultimately demonstrate that through the analyzed changes, this market has become a global one - thus being shaped by global determinants influencing its further development. Author selected and analyzed some chosen, most important factors influencing future market development. Secondly, some chances and threats resulting from the described changes were presented, either for the entire market as a base for international trade of Baltic Sea Region countries, and for its actors, mainly shipping owners and operators acting as a supply side of the Baltic container market. Finally, author has tried to verify and questioned the doubts and strong concerns about the future of the Baltic container shipping, especially about the feeder services, as because there are real indications and arguments against these concern.

  8. Regulatory Competition in Global Financial Markets

    DEFF Research Database (Denmark)

    Ringe, Georg

    2016-01-01

    Regulatory arbitrage in financial markets refers to a number of strategies that market participants use to avoid the reach of regulation, in particular by virtue of moving trading abroad or relocating activities or operations of financial institutions to other jurisdictions. Where this happens...... institutions' excessive risk-taking. If such risk-taking would be judged by market discipline instead of posing a risk to global financial stability, the main downside of regulatory competition could be restrained. Within the boundaries of such a system, competition could then operate and contribute...... their standards solely to attract business and thereby impose externalities on the worldwide financial market by undermining financial stability as a global public good. Policymakers worldwide are experimenting with remedies to respond to the phenomenon. I introduce the importance of an effective special...

  9. Le mixed price bundling, une stratégie marketing alternative ? Le cas bancaire des « offres jeunes »

    OpenAIRE

    Lambey-Checchin, Christine

    2013-01-01

    International audience; Pratique courante notamment chez les prestataires de service, le mixed price bundling consiste à vendre ensemble des produits ou services complémentaires à un prix spécial. La littérature a montré la supériorité de cette forme de bundling en étudiant ses effets sur les comportements des consommateurs. Le papier l'envisage comme une stratégie marketing et examine ses caractéristiques d'offre et de prix. Les résultats d'une analyse comparative des packages proposés par l...

  10. Le prospettive dell'economia mondiale (The global economic outlook

    Directory of Open Access Journals (Sweden)

    Paolo Sylos Labini

    2009-12-01

    Full Text Available  La crisi dell’economia americana ha forti ripercussioni non solo sui paesi europei, ma sul mondo intero; le difficoltà di altri importanti paesi, come il Giappone e l’Argentina, già gravi, sono diventate ancora più gravi per la crisi americana. I paesi del Terzo Mondo mostrano andamenti molto differenziati: nei mercati in cui la presenza dell’America e di altri paesi industrializzati è indebolita dalla crisi, essi riescono a crescere anche più di prima, grazie soprattutto alle esportazioni dei beni di industrie tradizionali: per produrre tali beni usano tecniche che comportano un minor grado di meccanizzazione e una maggiore quota di lavoro diretto, e ciò consente una più ampia flessibilità dei prezzi, con la conseguenza che nei mercati internazionali la loro competitività migliora, specialmente in periodi di congiuntura negativa. Stimolati anche da una tale congiuntura vari paesi del Terzo Mondo stanno esercitando una pressione crescente per indurre i paesi industrializzati a eliminare gradualmente le protezioni – dazi e sussidi – erette a difesa delle loro agricolture; la via da seguire, però, non è questa: è la via degli aiuti organizzativi.  The crisis in the U.S. economy has a major impact not only on Europe but the whole world; the difficulties of other major countries, such as Japan and Argentina, already serious, have become even more serious for the American crisis. The Third World countries show very different trends: in the markets in which the presence of America and other industrialized countries has been weakened by the crisis, they are able to grow even more than before, thanks to exports of goods of traditional industries: to produce these assets using techniques involving a lesser degree of mechanization and a greater proportion of direct business, which allows greater flexibility in prices, with the result that their competitiveness in international markets improves, especially in times of

  11. Globalization and innovation in emerging markets

    Czech Academy of Sciences Publication Activity Database

    Gorodnichenko, Y.; Švejnar, Jan; Terrell, K.

    -, č. 76 (2008), s. 1-39 ISSN N Institutional research plan: CEZ:AV0Z70850503 Keywords : globalization * innovation * emerging markets Subject RIV: AH - Economics http://deepblue.lib.umich.edu/bitstream/2027.42/61188/1/IPC-working-paper-076-GorodnichenkoSvejnarTerrell.pdf

  12. Global Wind Report. Annual market update 2010

    International Nuclear Information System (INIS)

    Pullen, A.; Sawyer, S.

    2011-04-01

    GWEC's annual report is the authoritative source of information on wind power markets around the world. The Global Wind 2010 Report contains installation figures for over 70 countries for the 2010 record year, as well as a five-year forecast up to 2015 and detailed chapters on the key countries.

  13. Global competition and the labour market

    CERN Document Server

    Driffield, Nigel

    2003-01-01

    This study combines an industry level and a firm level analysis on the wage and employment effects of multinational companies. This has not been attempted in any previous work. In view of the results, important questions are raised regarding how global changes in the structure of production may affect labour markets and the organisation of work in the future.

  14. COLUMBUS. A global gas market model

    Energy Technology Data Exchange (ETDEWEB)

    Hecking, Harald; Panke, Timo

    2012-03-15

    A model of the global gas market is presented which in its basic version optimises the future development of production, transport and storage capacities as well as the actual gas flows around the world assuming perfect competition. Besides the transport of natural gas via pipelines also the global market for liquefied natural gas (LNG) is modelled using a hub-and-spoke approach. While in the basic version of the model an inelastic demand and a piecewise-linear supply function are used, both can be changed easily, e.g. to a Golombek style production function or a constant elasticity of substitution (CES) demand function. Due to the usage of mixed complementary programming (MCP) the model additionally allows for the simulation of strategic behaviour of different players in the gas market, e.g. the gas producers.

  15. Modelling and analysis of global coal markets

    International Nuclear Information System (INIS)

    Trueby, Johannes

    2013-01-01

    International Steam Coal Trade. In this paper, we analyse steam coal market equilibria in the years 2006 and 2008 by testing for two possible market structure scenarios: perfect competition and an oligopoly setup with major exporters competing in quantities. The assumed oligopoly scenario cannot explain market equilibria for any year. While we find that the competitive model simulates market equilibria well in 2006, the competitive model is not able to reproduce real market outcomes in 2008. The analysis shows that not all available supply capacity was utilised in 2008. We conclude that either unknown capacity bottlenecks or more sophisticated non-competitive strategies were the cause for the high prices in 2008. Chapter 4 builds upon the findings of the analysis in chapter 3 and adds a more detailed representation of domestic markets. The corresponding essay is titled Nations as Strategic Players in Global Commodity Markets: Evidence from World Coal Trade. In this chapter we explore the hypothesis that export policies and trade patterns of national players in the steam coal market are consistent with non-competitive market behaviour. We test this hypothesis by developing a static equilibrium model which is able to model coal producing nations as strategic players. We explicitly account for integrated seaborne trade and domestic markets. The global steam coal market is simulated under several imperfect market structure setups. We find that trade and prices of a China - Indonesia duopoly fits the real market outcome best and that real Chinese export quotas in 2008 were consistent with simulated exports under a Cournot-Nash strategy. Chapter 5 looks at the long-term effect of Chinese energy system planning decisions. The time horizon is 2006 to 2030. The analysis in this chapter combines a dynamic equilibrium model with the scenario analysis technique. The corresponding essay is titled Coal Lumps vs. Electrons: How Do Chinese Bulk Energy Transport Decisions Affect the Global

  16. Modelling and analysis of global coal markets

    Energy Technology Data Exchange (ETDEWEB)

    Trueby, Johannes

    2013-01-17

    International Steam Coal Trade. In this paper, we analyse steam coal market equilibria in the years 2006 and 2008 by testing for two possible market structure scenarios: perfect competition and an oligopoly setup with major exporters competing in quantities. The assumed oligopoly scenario cannot explain market equilibria for any year. While we find that the competitive model simulates market equilibria well in 2006, the competitive model is not able to reproduce real market outcomes in 2008. The analysis shows that not all available supply capacity was utilised in 2008. We conclude that either unknown capacity bottlenecks or more sophisticated non-competitive strategies were the cause for the high prices in 2008. Chapter 4 builds upon the findings of the analysis in chapter 3 and adds a more detailed representation of domestic markets. The corresponding essay is titled Nations as Strategic Players in Global Commodity Markets: Evidence from World Coal Trade. In this chapter we explore the hypothesis that export policies and trade patterns of national players in the steam coal market are consistent with non-competitive market behaviour. We test this hypothesis by developing a static equilibrium model which is able to model coal producing nations as strategic players. We explicitly account for integrated seaborne trade and domestic markets. The global steam coal market is simulated under several imperfect market structure setups. We find that trade and prices of a China - Indonesia duopoly fits the real market outcome best and that real Chinese export quotas in 2008 were consistent with simulated exports under a Cournot-Nash strategy. Chapter 5 looks at the long-term effect of Chinese energy system planning decisions. The time horizon is 2006 to 2030. The analysis in this chapter combines a dynamic equilibrium model with the scenario analysis technique. The corresponding essay is titled Coal Lumps vs. Electrons: How Do Chinese Bulk Energy Transport Decisions Affect the Global

  17. Global marketing and globalization miths Os mitos do marketing global e da globalização

    Directory of Open Access Journals (Sweden)

    Renato Rodrigues Martins

    2012-05-01

    Full Text Available Global marketing and advertising: understanding cultural paradoxes, de Marieke de Mooij, 3rd ed. Thousand Oaks, CA. Sage Publications, 2010, 322p.Global marketing and advertising: understanding cultural paradoxes, de Marieke de Mooij, 3rd ed. Thousand Oaks, CA. Sage Publications, 2010, 322p.

  18. Magic turtle dans le canton du Jura: concept marketing

    OpenAIRE

    Hauser, Magali; Perruchoud-Massy, Marie-Françoise

    2012-01-01

    Depuis juin 2009, Saint-Ursanne/Clos du Doubs est une région pilote du Projet Enjoy Switzerland/ASM ayant pour but d’intervenir sur le développement et la sensibilisation du tourisme dans la région. En parallèle, la Maison du Tourisme, entreprise proposant principalement des offres touristiques dans la région, a ouvert ses portes l’année dernière. Ces deux entités ont travaillé ensemble afin de développer une nouvelle offre touristique intitulée « Magic turtle ». Le Magic turtle, pensé par de...

  19. Community Analysis of Global Financial Markets

    Directory of Open Access Journals (Sweden)

    Irena Vodenska

    2016-05-01

    Full Text Available We analyze the daily returns of stock market indices and currencies of 56 countries over the period of 2002–2012. We build a network model consisting of two layers, one being the stock market indices and the other the foreign exchange markets. Synchronous and lagged correlations are used as measures of connectivity and causality among different parts of the global economic system for two different time intervals: non-crisis (2002–2006 and crisis (2007–2012 periods. We study community formations within the network to understand the influences and vulnerabilities of specific countries or groups of countries. We observe different behavior of the cross correlations and communities for crisis vs. non-crisis periods. For example, the overall correlation of stock markets increases during crisis while the overall correlation in the foreign exchange market and the correlation between stock and foreign exchange markets decrease, which leads to different community structures. We observe that the euro, while being central during the relatively calm period, loses its dominant role during crisis. Furthermore we discover that the troubled Eurozone countries, Portugal, Italy, Greece and Spain, form their own cluster during the crisis period.

  20. Marketing and Globalization of the Brewing Industry

    DEFF Research Database (Denmark)

    Madsen, Erik Strøjer; Wu, Yanqing

    2016-01-01

    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 chapter tracks the development in industry concentrations from 2002 to 2012 and points to high transportation costs...... for beers and economies of scale at the firm level 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 at the firm level in marketing...... significant economies of scale benefits at the firm level to be shared between the merging partners as marketing and distribution costs are very high in this industry....

  1. 75 FR 33788 - Renewal of the Global Markets Advisory Committee

    Science.gov (United States)

    2010-06-15

    ... appropriate international standards for regulating futures and derivatives markets, as well as intermediaries... financially sound futures and options markets. Meetings of the Global Markets Advisory Committee are open to... COMMODITY FUTURES TRADING COMMISSION Renewal of the Global Markets Advisory Committee AGENCY...

  2. Using E-markets for Globally Distributed Work

    NARCIS (Netherlands)

    van Hillegersberg, Jos; Amrit, Chintan Amrit; Oshri, Ilan; Kotlarsky, Julia; Willcocks, Leslie P.

    2015-01-01

    For over a decade, dedicated E-markets have been facilitating globally distributed systems development by enhancing the traditionally high-risk global sourcing processes. At the same time, the success and potential of E-markets for sourcing project globally can be questioned, as E-markets embody a

  3. The creation of a global electricity market

    International Nuclear Information System (INIS)

    DePinto, D.; Anderson, A.

    1998-01-01

    The global embrace of market-based economics has led to significant growth and prosperity resulting in increased needs for electricity. The burgeoning demand for energy has created requirements for capital investment at time when the state-owned energy companies cannot provide it. Governments, busy trying to find ways to manage already inflated debt burdens, have little capacity for funding the capital needed to expand energy production. In these strategic industries, governments are beginning to embrace the principles of free market capitalism and private ownership, recognizing the significant benefits to be realized: reduced national deficits, a more efficient energy sector, access to foreign capital, greater internal capital generation, and more energy to fuel economic growth. This is driving the governments to embrace privatization and is creating a market for the sale of electric utilities. On the other side of this equation are the fast developing global electric companies that are prepared to expand in both developing and developed countries through significant acquisitions of either companies or strategic assets. This scenario is further enhanced as the Independent Power Developers chase projects from Brazil to China and bring competition to the development of new generation. Never before has there been such a movement to the complete transformation of the energy industry. Countries on every continent are exploring how they can reform and restructure the energy sector. The analysis will address: Global transformation sweeping the various regions of the world; Impact on developers and the strategy required for success; Global electric companies and their impact on the transformation process; and Future of the electric power industry: Will it bring the world closer together?

  4. Natural gas market review 2006 - towards a global gas market

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-07-01

    Natural gas is essential to the world economy. Gas now accounts for almost a quarter of OECD primary energy requirements and is expected to become the second most important fuel in the world in the next decade. Industrial and residential consumers increasingly rely on natural gas to keep their houses warm, their lights on and their factories running. Meanwhile the gas industry itself has entered a new phase. Where gas used to be restricted to regional markets, it is now increasingly traded on a global scale. While gas production and transport requires long-term investment, now it is optimised on a short-term basis. Demand continues to grow, but local gas production has become much more expensive. How should we react? How will demand be satisfied? What changes are required to promote flexibility and trade? What are the implications for gas security, investment and interdependence? At stake is an opportunity to diversify supply and demand - but this goal is threatened by barriers to competition and investment. This book is the first of a new IEA publication series. It takes an unprecedented look at developments in natural gas to 2010, analysing not only the three IEA regions (Asia Pacific, North America and Europe) but also broader global trends, such as the interaction of pipeline gas with LNG which binds the regions together. The Review provides invaluable insights for understanding this dynamic market.

  5. Natural gas market review 2006 - towards a global gas market

    International Nuclear Information System (INIS)

    2006-01-01

    Natural gas is essential to the world economy. Gas now accounts for almost a quarter of OECD primary energy requirements and is expected to become the second most important fuel in the world in the next decade. Industrial and residential consumers increasingly rely on natural gas to keep their houses warm, their lights on and their factories running. Meanwhile the gas industry itself has entered a new phase. Where gas used to be restricted to regional markets, it is now increasingly traded on a global scale. While gas production and transport requires long-term investment, now it is optimised on a short-term basis. Demand continues to grow, but local gas production has become much more expensive. How should we react? How will demand be satisfied? What changes are required to promote flexibility and trade? What are the implications for gas security, investment and interdependence? At stake is an opportunity to diversify supply and demand - but this goal is threatened by barriers to competition and investment. This book is the first of a new IEA publication series. It takes an unprecedented look at developments in natural gas to 2010, analysing not only the three IEA regions (Asia Pacific, North America and Europe) but also broader global trends, such as the interaction of pipeline gas with LNG which binds the regions together. The Review provides invaluable insights for understanding this dynamic market

  6. Transforming Global Markets for Clean Energy Products

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    This paper looks at three clean energy product categories: equipment energy efficiency; low-carbon transport, including high-efficiency vehicles and electric/plug-in hybrid electric vehicles (EV/PHEVs); and solar photovoltaic (PV) power. Each section identifies ways to enhance global co-operation among major economies through case studies and examples, and ends with specific suggestions for greater international collaboration on market transformation efforts. An annex with more detailed case studies on energy-efficient electric motors, televisions, external power supplies and compact fluorescent lights is included in the paper.

  7. E-Marketing- A Global Perspective

    OpenAIRE

    Parminder Kaur; Dr. Ashutosh Pathak

    2015-01-01

    E-commerce provides the capability of buying and selling products, information and services on the Internet and other online environments . E-Marketing is also known as web marketing , Online marketing and internet marketing. E- Marketing is a management process . The aim of e-marketing is marketing is establish maintain and long-term relationship with customers. Online Marketing includes identify unmet needs, producing products and services to meet those need and pricing, distrib...

  8. Marketing library and information services II a global outlook

    CERN Document Server

    Gupta, Dinesh K; Massisimo, Angels

    2013-01-01

    With contributions from library and information professionals (practitioners, researchers, faculty members, consultants, and others), Marketing Library and Information Services: A Global Outlook highlights a variety of exemplary LIS marketing practices and efforts from around the globe. The following broad topics are explored: changing marketing concepts; marketing library

  9. The Resistance of national cultures to global marketing influence

    OpenAIRE

    Pikturnienė, Indrė

    2005-01-01

    Due to Increased regional integration, countries, which were previously closed to the world, became exposed to universal or partly adapted marketing mixes. A discussion whether global marketing campaigns can influence national cultures, and serve as a drive for emergence of global culture is developed in the article. The paper demonstrates that the conclusion, whether global marketing campaigns can generate globalisation of culture, depends on the definition of culture, which can overwhelm ei...

  10. Impact of Global Financial Crisis on Nigerian Stock Market | Onuoha ...

    African Journals Online (AJOL)

    Impact of Global Financial Crisis on Nigerian Stock Market. ... that the global financial crisis measured by currency crisis, credit crisis, liquidity crisis, ... relevant regulatory authorities should use the financial stress index (FSI) as proposed by ...

  11. Marketing Management: Monitoring the International Environment Factors Using Global Maps

    Directory of Open Access Journals (Sweden)

    Štěpán Kala

    2015-01-01

    Full Text Available The article discusses the issue of the global marketing environment in line with the factors determining its external conditions. The aim is to specify the marketing-environment indicators in the international context and interpret the use of geographical maps illustratively documenting the differences of particular parameters in various parts of the global market. The research-results help update the theoretical framework of global environment factors. These data are also important for practice. Many enterprises consider the question of optimising their sources and directing their goals towards the opportunities available thanks to global markets. The global environment mapping is thereby an important basis for the marketing activities whose implementation across national boundaries is going to be mainly influenced by peculiarities of the environment involving foreign markets and their changes.

  12. How market environment may constrain global franchising in emerging markets

    OpenAIRE

    Baena Graciá, Verónica

    2011-01-01

    Although emerging markets are some of the fastest growing economies in the world and represent countries that are experiencing a substantial economic transformation, little is known about the factors influencing country selection for expansion in those markets. In an attempt to enhance the knowledge that managers and scholars have on franchising expansion, the present study examines how market conditions may constrain international diffusion of franchising in emerging markets. They are: i) ge...

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

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

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

  14. Electronic Markets Ontology: ideal architecture for global capital market

    Directory of Open Access Journals (Sweden)

    Davide Khalil

    1998-11-01

    Full Text Available When approaching electronic capital market design and microstructure with the focus of analysing and improving existing markets with end-state analysis, it is necessary to name an ideal objective. This serves the purposes of technology evaluation and the development of a standard framework for structural measurement in modeling and language paradigm design. An ideal capital market architecture is presented in this paper that is feasible with current technology based on the end-to-end functionality of existing capital markets including internal requirements of participants. Various architectural and ethical issues are introduced and discussed sketching a framework for further work in quantifying electronic markets.

  15. Cosmopolitan canvases: the globalization of markets for contemporary art

    NARCIS (Netherlands)

    Velthuis, O.; Baia Curioni, S.

    2015-01-01

    This book brings together recent, multidisciplinary, cutting edge research on the globalization of markets for contemporary art. Focusing on different regions including China, Russia, India, and Japan, the chapters in this book study the extent to which art markets have indeed become global. On the

  16. Lele de la culpabilité dans le marketing de la collecte de fonds : influence sur le don des particuliers

    OpenAIRE

    Chédotal, Camille

    2011-01-01

    This dissertation falls within the scope of social marketing. The aim is to analyze the effects of guilt induction in fundraising campaigns. After a literature review on charitable giving and guilt in marketing, psychology and social sciences, we focus on guilt triggering, on stimulus intensity and on the reactions of individuals exposed to a guilt-loaded message. Based on three exploratory qualitative studies, we identified how guilt is induced and collected reactions from participants expos...

  17. Coal and gas competition in global markets

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-07-01

    Global consumption of commercial energy totalled 18 Gt of coal equivalent in 2010. With a 28% share, coal ranked second after oil as one of the major sources of primary energy and natural gas (at 21%) ranked third. Gross power generation with coal was approximately 41% and gas 22%. Natural gas as a global commodity is growing rapidly with the advent of unconventional sources such as shale gas. Recently, gas has become the fuel of choice for new power generating plants in some countries. Overall production of coal has increased in the same time-frame. The share of coal in electricity production was constant in Europe from early 2000 but recently increased. This was due to the high cost of gas in Europe and a low emissions penalty levied by the regulator, making coal currently more competitive in Europe compared to gas. Coal utilisation continues to increase in Asia but is facing serious competition with gas in the USA, where the share of electricity generated with coal dropped in 2012. However, natural gas used to generate electricity in early 2013 was below the high level seen during the comparable 2012 period, when low natural gas prices led to significant displacement of coal by natural gas for power generation. The current consensus in the USA is that while coal may recover ground in the short term, it loses in the long term as coal plants are retired. The discovery, production and availability of significant amounts of gas have implications for not only the price of natural gas but also the price of coal as well as supply and demand, and utilisation of both fuels internationally. The interaction between coal and gas in the global markets today is investigated in this review and the near-term outlook and impact on both fuels is presented. In this report, reserves, production and trade, supply and demand, pricing, utilisation and consumption, public attitudes and finally near/short to medium-term prospects are discussed for both coal and gas.

  18. Alaska gas pipeline and the global natural gas market

    International Nuclear Information System (INIS)

    Slutz, J.

    2006-01-01

    The global natural gas market was discussed in relation to the Alaska natural gas pipeline project. Natural gas supply forecasts to the year 2025 were presented. Details of the global liquefied natural gas (LNG) market were discussed. Charts were included for United States natural gas production, consumption, and net imports up to the year 2030. The impact of high natural gas prices on the manufacturing sector and the chemicals industry, agricultural, and ethanol industries were discussed. Natural gas costs around the world were also reviewed. The LNG global market was discussed. A chart of world gas reserves was presented, and global LNG facilities were outlined. Issues related to the globalization of the natural gas trade were discussed. Natural gas imports and exports in the global natural gas market were reviewed. A chart of historical annual United States annual LNG imports was presented. tabs., figs

  19. The drivers behind the globalization of natural gas markets

    Energy Technology Data Exchange (ETDEWEB)

    Ahmed El Hachemi Mazighi [Sonatrach Commercialisation, Algiers (Algeria)

    2006-06-15

    Today, the globalisation of natural gas markets is a topic much discussed amongst gas industry practitioners, policy makers and academics. If there is a consensus on a tendency towards the ''commoditisation'' of natural gas markets, there is less agreement on the certainty of the global approach to gas marketing. The aim of this paper is to untangle the main drivers behind the globalisation of natural gas markets, both on the demand and supply sides, and to discuss problems related to the market structure, such as price arbitrages and organised markets. The paper will conclude that the globalisation of natural gas markets cannot be approached as a deterministic problem and as a consequence, there is still no precise answer as to when the different regional gas markets will forge a global one. (author)

  20. The drivers behind the globalization of natural gas markets

    International Nuclear Information System (INIS)

    Ahmed El Hachemi Mazighi

    2006-01-01

    Today, the globalisation of natural gas markets is a topic much discussed amongst gas industry practitioners, policy makers and academics. If there is a consensus on a tendency towards the ''commoditisation'' of natural gas markets, there is less agreement on the certainty of the global approach to gas marketing. The aim of this paper is to untangle the main drivers behind the globalisation of natural gas markets, both on the demand and supply sides, and to discuss problems related to the market structure, such as price arbitrages and organised markets. The paper will conclude that the globalisation of natural gas markets cannot be approached as a deterministic problem and as a consequence, there is still no precise answer as to when the different regional gas markets will forge a global one. (author)

  1. Globalization of the art market [emerging art markets

    NARCIS (Netherlands)

    Velthuis, O.

    2015-01-01

    Since the 1980s art markets have developed rapidly outside of Europe and the USA. In the so-called BRIC countries (Brazil, Russia, India, and China) this development has been particularly dynamic. With aggregate sales estimated at €11.5 billion, China is the second largest market for art and

  2. Labor market deregulation and globalization: empirical evidence from OECD countries

    OpenAIRE

    Potrafke , Niklas

    2010-01-01

    Abstract This paper empirically investigates the influence of globalization on various aspects of labor market deregulation. I employ the data set by Bassanini and Duval (2006) on labor market institutions in OECD countries and the KOF index of globalization. The data set covers 20 OECD countries in the 1982?2003 period. The results suggest that globalization did neither influence the unemployment replacement rate, the unemployment benefit length, public expenditures on ALMP, the t...

  3. Key determinants of managing the marketing asset of global companies

    OpenAIRE

    Tatyana Tsygankova; Roman Ponomarenko

    2016-01-01

    As a result of organization and summarization of key concepts of evolution of the marketing tools of global companies, the authors determined the role of the marketing assets in the system of modern marketing management (as a dialectically higher stage of development of the analyzed tools, which will allow overcoming the antagonistic contradiction of “P- and C-vectors” of their development). The article identified the optimal set of key elements of the system of marketing assets, which are th...

  4. Illegal markets: Estimates of global proceeds

    Directory of Open Access Journals (Sweden)

    Marinković Darko M.

    2015-01-01

    Full Text Available Illegal markets represent a phenomenon of considerable economic, political and social significance whose annual income exceeds the value of a thousand billion USD. Illegal market participants are beyond the reach of government institutions and rule of law while social connections and personal acquaintances play an important role of functional substitute. In the last decade there was a significant increase of illegal trafficking of narcotics, people, fire arms, counterfeit products and natural resources. Both selling and purchase of these as well as other kinds of products and services at illegal markets are generally characterized by high level of organization and presence of strong criminal groups and networks. Although these activities existed in the past their present scope and geographic distribution are without precedent. Measuring unlawful financial flows at illegal markets represents quite a complex task. Various estimates are the result of inexistence of uniform and generally accepted methodology. In addition to this, the special problem is also the consensus of market actors, because of which the phenomenon of illegal markets and distribution of products and services at these markets is rather hidden. The paper defines and analyzes the key features of illegal markets, the role of organized crime at illegal markets, as well as the estimates of the values of financial flows at the markets of counterfeit products, narcotics, and people as goods, or human organs and sexual services, weapons, tobacco products and dirty money.

  5. Key determinants of managing the marketing asset of global companies

    Directory of Open Access Journals (Sweden)

    Tatyana Tsygankova

    2016-12-01

    Full Text Available As a result of organization and summarization of key concepts of evolution of the marketing tools of global companies, the authors determined the role of the marketing assets in the system of modern marketing management (as a dialectically higher stage of development of the analyzed tools, which will allow overcoming the antagonistic contradiction of “P- and C-vectors” of their development. The article identified the optimal set of key elements of the system of marketing assets, which are the brand, customer loyalty, reputation, network cooperation, marketing strategy, internal marketing, marketing information system and marketing innovation. Due to correlation and regression analysis of the impact of each system elements on performance of global companies, the model of the "marketing asset octagon" was built as an integrative management tool. Also, as a result of construction of the said model, the authors identified the most profitable marketing assets, return on investment and development of competencies in the field of efficient management will bring the highest profit to the company. On the basis of summarizing the regional and branch features of managing the disparate elements of the marketing assets of global companies, the key regional and sectoral priorities of formation, development and improvement of existing concepts of the international marketing management were identified, particularly in terms of building an author’s integrative octagon model.

  6. Asia's growing role in the global energy markets

    International Nuclear Information System (INIS)

    Anon.

    1995-01-01

    Three articles are drawn together in this special Petroleum Economist survey on the growing role played by Asian countries in global energy markets, both as world gas suppliers and as important markets for various oil products. The first looks at independent storage in the Asian countries in global energy markets, both as world gas suppliers and as important markets for various oil products. The first looks at independent storage in the Asian Pacific area; the second describes the growth of Asia's natural gas industry and the third item celebrates the product surplus produced due to recent refinery expansion programs. (UK)

  7. Recurrence quantification analysis of global stock markets

    Science.gov (United States)

    Bastos, João A.; Caiado, Jorge

    2011-04-01

    This study investigates the presence of deterministic dependencies in international stock markets using recurrence plots and recurrence quantification analysis (RQA). The results are based on a large set of free float-adjusted market capitalization stock indices, covering a period of 15 years. The statistical tests suggest that the dynamics of stock prices in emerging markets is characterized by higher values of RQA measures when compared to their developed counterparts. The behavior of stock markets during critical financial events, such as the burst of the technology bubble, the Asian currency crisis, and the recent subprime mortgage crisis, is analyzed by performing RQA in sliding windows. It is shown that during these events stock markets exhibit a distinctive behavior that is characterized by temporary decreases in the fraction of recurrence points contained in diagonal and vertical structures.

  8. Global integration of European tuna markets

    Science.gov (United States)

    Jiménez-Toribio, Ramòn; Guillotreau, Patrice; Mongruel, Rémi

    2010-07-01

    This paper evaluates the degree of integration between the world market and the major European marketplaces of frozen and canned tuna through both vertical and horizontal price relationships. Spatial linkages are investigated horizontally in order to estimate the connection between the European market and the world-wide market on the primary stage of the value chain. One of the key results is the high level of market integration at the ex-vessel stage, and the price leadership of yellowfin tuna over skipjack tuna. The same approach is applied at the ex-factory level. Basically, the European market for final goods appears to be segmented between the Northern countries consuming low-priced canned skipjack tuna imported from Asia (mainly Thailand) and the Southern countries (Italy, Spain) processing and importing yellowfin-based products sold at higher prices. France appears to be an intermediate market where both products are consumed. The former market is found to be well integrated to the world market and can be considered to be competitive, but there is a suspicion of market power being exercised on the latter. Price relationships are therefore tested vertically between the price of frozen tuna paid by the canneries and the price of canned fish in both Italy and France. The two species show an opposite pattern in prices transmission along the value chain: price changes along the chain are far better transmitted for the “global” skipjack tuna than for the more “European” yellowfin tuna. The results are discussed, along with their implications for the fishing industry.

  9. Impact of global investment processes on ukrainian share market

    Directory of Open Access Journals (Sweden)

    O.К. Zotsenko

    2015-03-01

    Full Text Available The paper investigates the effects of financial and investment processes on the Ukrainian share market. The research analyzed and estimated investment climate in Ukraine. The study highlights a comparison of the domestic share market with share markets of other countries. In terms of share capitalization of listed companies in the GDP determined that equity is the most developed in the USA and UK. Largest share markets with highest capitalization rate characterized. The regional distribution of the share market capitalization by continents are shown. The study of the dynamics of Ukrainian and global share indexes revealed that the Ukrainian share market indexes show a constant volatility and unpredictability. Correlation Ukrainian stock indexes with indexes in Europe, Russia and America is very weak, which is a very negative trend of the stock market of Ukraine. The key problems and risks of the domestic investments are defined which are consequences of downturn in the Ukrainian share market.

  10. Spiced: The Global Marketing of Psychoactive Substances

    OpenAIRE

    Graham, John

    2016-01-01

    Graham hopes to expose marketing’s role in sustaining our addiction to sugar, tobacco, and other psychoactive substances and to then inspire a discussion of strategies for reining in that marketing

  11. Uranium trade and global liberalization of markets

    International Nuclear Information System (INIS)

    Elagin, Yu.P.

    2003-01-01

    Present state of nuclear fuel market is reviewed. Political and economical aspects of nuclear fuel trade, traditional schemes of gain of nuclear fuel, tendencies and last innovations are treated. Price mechanisms, increase in part of traders, price indicators are discussed. Under the liberalization conditions the uranium market and common tendencies on the stages of nuclear fuel cycle as well as prospects of gain and sale of nuclear fuel, electronic trade are considered [ru

  12. Meat export competitiveness of European Union countries on global markets

    Directory of Open Access Journals (Sweden)

    Štefan Bojnec

    2014-10-01

    Full Text Available The purpose of this research is to provide insight into the export competitiveness of meat products of the European Union (EU-27 member states on global markets. The revealed comparative advantage index is used to analyze the levels, compositions, and evolutions in patterns of development in the export competitiveness of meat products and their levels of stability at the product level. Except for some niche meat products, a larger number of the EU-27 member states have experienced comparative disadvantages on global markets over the analysed years of 2000 to 2011. The revealed comparative advantages on the global markets are the most robust for Ireland, Spain, the Netherlands, France, Belgium, Denmark, Poland, Cyprus and Hungary. The revealed comparative advantage indices and their survival rates differ across the meat product groups. The heterogeneity in export competitiveness of the EU-27 member states suggests the importance of the differentiation of meat products in competitive export specialization on global markets.

  13. Neoliberal Optimism: Applying Market Techniques to Global Health.

    Science.gov (United States)

    Mei, Yuyang

    2017-01-01

    Global health and neoliberalism are becoming increasingly intertwined as organizations utilize markets and profit motives to solve the traditional problems of poverty and population health. I use field work conducted over 14 months in a global health technology company to explore how the promise of neoliberalism re-envisions humanitarian efforts. In this company's vaccine refrigerator project, staff members expect their investors and their market to allow them to achieve scale and develop accountability to their users in developing countries. However, the translation of neoliberal techniques to the global health sphere falls short of the ideal, as profits are meager and purchasing power remains with donor organizations. The continued optimism in market principles amidst such a non-ideal market reveals the tenacious ideological commitment to neoliberalism in these global health projects.

  14. Impact of Global Financial Crisis on Nigerian Stock Market

    African Journals Online (AJOL)

    DrNneka

    Key words: Global financial crisis, Nigerian stock market, currency crisis, ... drop in all economic indices over a relatively short period of time leading to corporate .... magnitude and many countries with sound fundamentals also plunged into a ...

  15. Ecommerce drivers and marketing partnerships in successful export marketing of Finnish born globals

    OpenAIRE

    Penttinen, Jukka

    2015-01-01

    This study examines the utilization of ecommerce and marketing partnerships as part of born global internationalization strategies. The study will combine the existing literature of born global internationalization, export marketing strategies and ecommerce as part of internationalization to form an understanding on how two Finnish health and welfare sector born globals internationalize, and how ecommerce drivers affect their internationalization. Because of the explorative nature of the stud...

  16. Wood pellet market and trade: A global perspective

    NARCIS (Netherlands)

    Goh, C.S.; Cocchi, M.; Junginger, H.M.; Marchal, D.; Thrän, D.; Hennig, C.; Heinimo, J.; Nikolaisen, L.; Schouwenberg, P.P.; Bradley, D.; Hess, R.F.; Jacobson, J.; Ovard, L.; Deutmeyer, M.

    2013-01-01

    This perspective provides an overview of wood pellet markets in a number of countries of high signifi cance, together with an inventory of market factors and relevant past or existing policies. In 2010, the estimated global wood pellet production and consumption were close to 14.3 Mt (million

  17. Le marketing d'un pays : Label Suède

    OpenAIRE

    Olsson, Erik; Gustavsson, Anna

    2006-01-01

    Résumé L’objet de ce mémoire est d’analyser la composition du label « Suède » et si c'est possible d'utiliser les méthodes de marketing traditionnel quand un pays est commercialisé. Nous centrons l‘attention sur l’office suédois du tourisme et des voyages qui est responsable pour le marketing de la Suède comme destination touristique. Comment travaillent-ils pour commercialiser la Suède en général et particulièrement vers la France? Nous avons commencé par étudier des différentes théories du ...

  18. Globalization and the marketing orientation of companies

    Directory of Open Access Journals (Sweden)

    Aneta Oniszczuk-Jastrząbek

    2011-12-01

    Full Text Available The functioning of the enterprise in a constantly changing environ-ment means that companies should make the necessary transformation, meet challenges, and thus anticipate and shape the reality. Each company should be the instigator of continuous change, particularly innovative projects which success depends largely on the mobilization of all em-ployees for creative thinking, action and learning. Today, a company is considered as innovative and competitive, when it possesses the ability to use marketing in order to understand the market and results of scientific research, new concepts, ideas and inventions which are expected by consumers due to the high level of modernity.

  19. Globalization and innovation in emerging markets

    Czech Academy of Sciences Publication Activity Database

    Gorodnichenko, Y.; Švejnar, Jan; Terrell, K.

    2010-01-01

    Roč. 2, č. 2 (2010), s. 194-226 ISSN 1945-7707 R&D Projects: GA ČR GAP402/10/2130; GA MŠk LC542 Institutional research plan: CEZ:MSM0021620846 Keywords : emerging market economies * foreign competition * innovation Subject RIV: AH - Economics Impact factor: 0.158, year: 2010

  20. Marketing Needed to Make Universities Globally Competitive

    Science.gov (United States)

    Naik, B. M.

    2016-01-01

    The article aims at improving the quality of higher and technical education in India to world class standard. Institutions in knowledge economy are reckoned to be the drivers of development. Indian institutions are making efforts, investing money, appointing professors, students are studying hard but due to the lack of marketing strategy, their…

  1. GLOBAL COMMODITY CHAINS NA PERSPECTIVA DE MARKETING

    Directory of Open Access Journals (Sweden)

    Flávio Régio Brambilla

    2014-01-01

    Full Text Available O presente estudo visa a estabelecer uma relação entre as estratégias de canais globais com aspectos do marketing, como a força da marca. Trata-se de conciliar atributos de Estratégia e Marketing. As mudanças econômicas globais levaram a transformações na competição das empresas, obrigando-as a ingressar numa discussão aprimorada acerca das estratégias e competências. Com base na ideia da detenção do conhecimento e das habilidades como verdadeiros diferenciais competitivos, muitos players passam a atuar na gestão do design e da marca como elementos centrais das políticas de negócios, onde a proposição de valor pode ser mais bem definida aos mercados consumidores.

  2. Global challenges and perspectives of marketing of healthy food products

    Directory of Open Access Journals (Sweden)

    Mitić Sanja

    2012-01-01

    Full Text Available This paper deals with global trends of healthy food market growth, Serbian export potential as well as with the importance and role of positioning and other marketing strategies in this field. Secondary data will be used for identifying characteristics and range of healthy food market on a global level and key segments. In that context, the economic importance and export potential of this sector in Serbia will be discussed. Food sector accounts for high percentage of total Serbian export. Yet, those products are of low added value, neither branded nor packed. In order to position producers of healthy food on an international market successfully, strength and weaknesses of domestic production and export will be identified as well as measures for its promotion. In this paper, literature review in field of food positioning and marketing will be presented. Various positioning strategies of healthy food will be discussed from the aspect of branding, country of origin image, marketing mix instruments, with special emphasis on promotion and product labelling. Special part of paper will be dedicated to specific aspects of buying and food consumption behaviour. This behaviour is under the influence of numerous factors, both personal and sociodemographic, which will be analyzed in order to identify adequate positioning strategies. At the end, recommendations for successfully healthy food positioning on an international market will be given. We will present ways of improving marketing strategies regarding exploiting identified chances on an international market.

  3. Globalization, Education, and Citizenship: Solidarity versus Markets?

    Science.gov (United States)

    Torres, Carlos Alberto

    2002-01-01

    Suggests that globalization places limits on state autonomy and national sovereignty, affecting education in various ways. Educational policy and its contributions to citizenship, democracy, and multiculturalism will face unprecedented challenges if the logic of fear, exacerbated by the events of September 11, 2001 prevails. (Author/SLD)

  4. Privatization and the globalization of energy markets

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1996-10-01

    This report reviews recent global efforts to privatize energy resources and outlines the opportunities and challenges privatization has presented to U.S. and foreign multinational energy companies. The group of energy companies studied in this report includes the major U.S. petroleum companies and many foreign companies. The foreign companies reviewed include state-run energy enterprises, recently privatized energy enterprises, and foreign multinationals that have been privately held. The privatization of non-petroleum energy industries, such as electricity generation and transmission, natural gas transmission, and coal mining, are also discussed. Overseas investments made by electric companies, natural gas companies, and coal companies are included. The report is organized into six chapters: (1) economics of privatization; (2) petroleum privatization efforts among non-U.S. Organization for Economic Cooperation and Development nations; (3) petroleum privatization efforts in Latin America; (4) privatization in socialist and former socialist regimes; (5) privatization efforts in global electric power generation, transmission, and distribution industries; and (6) privatization and globalization of world coal.

  5. Branding and Performance in the Global Beer Market

    DEFF Research Database (Denmark)

    Madsen, Erik Strøjer

    The mass market for beers is served by a few global breweries in an oligopoly structure covering most of the world market. The homogeneity of their main lager beers are very high and produced at large scaled plants at low costs. However, the breweries spend large amounts of money to promote some...... of the lager beers as premium beers and at a high and increasing price premium. Based on a database with prices for standard and premium lager, the paper study the development in the consumption of different types of beers on the global market in recent years. We estimate the price premium on premium beers...... and relate it to the rapid change in the oligopoly structure of the market through the merger and acquisition activities....

  6. Concentration and Competition in the Global Meat Market

    Directory of Open Access Journals (Sweden)

    Bocharova Yuliia G.

    2016-03-01

    Full Text Available The article is aimed at analyzing the condition, development specifics, concentration and competition in the global meat market. Both significance and role of meat in providing the food security has been substantiated. An analysis of the dynamics and structure (both geographical and commodity of production volumes, consumption, exports and imports of meat has been conducted. The major producers, consumers, exporters and importers of meat in the context of globalization have been identified. The country-based features, patterns of consumption and imports of meat have been characterized. On the basis of calculated five indicators of concentration (coefficient of concentration, the Herfindahl-Hirschman index, coefficient of relative concentration, dispersion of logarithms of market shares, index of the maximum share the features of competition in the global market of producers and consumers of meat have been determined.

  7. Globalization, capital market and economic development in Nigeria

    Directory of Open Access Journals (Sweden)

    Olanrewaju Adewole Adediran

    2015-01-01

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

  8. Measuring capital market efficiency: Global and local correlations structure

    Czech Academy of Sciences Publication Activity Database

    Krištoufek, Ladislav; Vošvrda, Miloslav

    2013-01-01

    Roč. 392, č. 1 (2013), s. 184-193 ISSN 0378-4371 R&D Projects: GA ČR(CZ) GBP402/12/G097 Institutional support: RVO:67985556 Keywords : Capital market efficiency * Fractal dimension * Long-range dependence * Short-range dependence Subject RIV: AH - Economics Impact factor: 1.722, year: 2013 http://library.utia.cas.cz/separaty/2012/E/kristoufek-measuring capital market efficiency global and local correlations structure.pdf

  9. Investors’ Risk Appetite and Global Financial Market Conditions

    OpenAIRE

    Brenda Gonzalez-Hermosillo

    2008-01-01

    A structural vector autoregression model is developed to analyze the dynamics of bond spreads among a sample of mature and developing countries during periods of financial stress in the last decade. The model identifies and quantifies the contribution on bond spreads from global market conditions (including funding liquidity, market liquidity, as well as credit and volatility risks), contagion effects, and idiosyncratic factors. While idiosyncratic factors explain a large amount of the change...

  10. Canada's nuclear industry - a leader in the global market

    International Nuclear Information System (INIS)

    Saint-Pierre, G.

    1994-01-01

    The successes of the Canadian nuclear industry at home and abroad are recounted and extolled in this address. It is argued that the industry must become more global in order to compete more effectively in the export market. This means not only setting up operating bases (rather than mere marketing offices) abroad, but also employing nationals of prospective overseas purchasing countries in the headquarters of Canadian companies. Partnership with one or more Asian country may be the key to success

  11. HOW AFFECTED WAS WORLD INSURANCE MARKET BY GLOBAL CRISIS?

    Directory of Open Access Journals (Sweden)

    ANA PREDA

    2013-12-01

    Full Text Available Global economic and financial crisis triggered in 2008 had a significant impact with effects in economical life worldwide. Insurance industry wasn't spared but was less affected than other sectors of the world economy. The aim of the present paper is to underline the main crisis effects on global insurance market through a comparative study between different regions from the world, taking into consideration the main indicators which give us an insurance market dimension, such as: gross premium volume, insurance density and insurance penetration.

  12. The Destructuring and Restructuring of Global Labor Markets

    DEFF Research Database (Denmark)

    Schmidt, Johannes Dragsbæk

    in global labor markets and industrial relations. The third part situates more squarely the impact of globalization on the catching-up strategies of Russia and China, while the next section digs into the transformation of the industrial relations regimes in Russia and China in comparative perspective....... Finally, the paper rounds up by pointing to the main similarities and differences between industrial relations, work and labor market regulation in Russia and China, but also with implications for a broader context. In order to come to terms with the crisis of former socialist type societ...

  13. Malaysian diaspora strategies in a globalized Muslim market

    DEFF Research Database (Denmark)

    Fischer, Johan

    2015-01-01

    This paper explores Malaysia’s efforts to develop and dominate a global market in halal (literally, ‘lawful or ‘permitted’) commodities as a diaspora strategy and how Malaysian state institutions, entrepreneurs, restaurants and middle-class groups in London respond to and are affected...... and practise Malaysian diaspora strategies in the globalized market for halal products and services. This paper is based on ethnographic material from fieldwork among state institutions, entrepreneurs, restaurants and middle-class groups in Kuala Lumpur and London, namely participant observation...

  14. Negatep: A Scenario for Combating Global Warming; Le scenario Negatep. Un scenario de lutte contre le rechauffement climatique

    Energy Technology Data Exchange (ETDEWEB)

    Acket, C.; Bacher, P. [Sauvons Le Climat, 92 - Boulogne Billancourt (France)

    2011-07-15

    There have been an increasing number of foresight exercises in the field of energy and global warming in recent years, as we have seen from the articles devoted to these questions by Futuribles in 2011 (both in this special issue and in the April number). It is certainly the case that the goals for greenhouse-gas emission reduction are rather ambitious, particularly in France, it being the aim of the 2005 French framework law on energy to reduce carbon gas discharges by a factor of four. Among these scenarios, the Negatep scenario developed by Claude Acket and Pierre Bacher from the 'Sauvons le climat' [Let's save the climate] Association proposes to achieve this ('factor 4') goal in France by 2050 by reducing fossil fuel use by 75% and replacing this as quickly as possible with electricity produced from non-carbon-gas-emitting sources - chiefly, nuclear power and renewables. The authors lay out their goals here, backed up by figures, comparing these with the reference scenario. They also show the path that must be followed to arrive at these goals, particularly in the residential and tertiary sectors, and in transport and industry (through control of needs and recourse to alternative energy sources). They close by comparing the Negatep scenario with two other more recent scenarios aimed also at reducing greenhouse gas emissions, on the one hand in Europe, and on the other in Germany. The comparison confirms that they were right to rely on electricity as a substitute for oil, but gives them cause for concern in respect of the consequences (formidable in their view) that the replacement of nuclear power and coal energy by intermittent renewable energies might have in Europe, both with regard to costs and to the effects on the power network. (authors)

  15. Dynamics of the youth travel market on a global level

    Directory of Open Access Journals (Sweden)

    Timea DEMETER

    2015-06-01

    Full Text Available The segment of young tourists has been considered a niche market and was treated as a branch of the tourism industry. In the past 10 years, however, its market value has began to increase significantly bringing real benefits to the companies adapting to this segment by developing appropriate strategies and policies. Therefore, the aim of this project is to analyse the dynamics of the youth travel market, on a global level, taking into consideration the international youth arrivals, youth accommodation units and the behavioural habits of young tourists, serving as a starting point in the strategy development process.

  16. Global marketing of cholesterol-lowering drugs as therapy.

    Science.gov (United States)

    Elimimian, Jonathan U; Gilmore, James M; Singletary, Tony J

    2006-01-01

    Pharmaceutical marketing services (PMS) are a key component of pharmaceutical companies' marketing strategies in that they create links between the pharmaceutical company and the physician. They are is also a link between physician and patients locally and globally. PMS discussed in this paper provide various services from tangible to intangible products in order to increase the physicians and pharmacists prescribing activities of their treatment modalities. Given the high cost of recruiting, training, and supporting PMS global marketing efforts, it is important for PMS channels to understand the significance of pharmaceutical multinational companies to ascribe to prescription drug services provided in Thailand. This created the unique marketing environment for the pharmaceutical companies. This study examines whether there is a gap in the existing cholesterol-lowering medication prescribed by physicians in Thailand and the newly introduced brand to the U.S. market. The degree of the new product adoption is analyzed through physician prescription frequency and records. Results of the study indicate there is significant improvement in the health conditions of the users of the new cholesterol medication among Thailand patients. Physicians in Thailand were, however, faced with competing brands in the market due to aggressiveness of advertising and promotion by multinational pharmaceutical marketing and manufacturers Associations. Perceived value and benefit to users were significant outcome of the study. More diagnostic and prescriptive research is recommended to cover Southeast Asia and other parts of the developing countries.

  17. Digital Innovations: Startup Marketing Strategy for Global Growth

    OpenAIRE

    Gröhn, Hanna

    2017-01-01

    This thesis discusses the relatively new phenomena of innovative digital products created by startup companies, who often must scale globally fast, before the volatile trends or the fierce competition of the digital marketspace take over. International entry itself is no longer the issue, but rather standing out in the crowd while balancing resources and flexibility. The focus is on how startups can induce global growth and tackle structural obstacles by means of marketing strategy. The t...

  18. China and the global uranium market: prospects for peaceful coexistence.

    Science.gov (United States)

    Massot, Pascale; Chen, Zhan-Ming

    2013-01-01

    China's recent reemergence has resulted in a significant increase in the global demand of commodities and is already having major impacts on the dynamics of global commodity markets. In the case of the global uranium market, we stand at the very beginning of a period of change. However, interesting trends are already emerging. Whereas China has had many policy reversals, and some difficulties in taking control of its procurement strategy in other commodity markets, it is seemingly more successful in managing its uranium procurement strategy. Why? The argument presented here is that a mixture of domestic and international level variables has allowed China more room for maneuver in fulfilling its uranium procurement strategy. On the domestic level, a centralized industry, and, on the international level, a geographically dispersed and uncoordinated market have allowed China to forge ahead with an ambitious civilian nuclear power plan and triple its total uranium imports, all within the span of a few years. Many challenges remain, not the least that of negative public opinion, which has surged since the Fukushima disaster in 2011. Nevertheless, should uranium demand continue to grow, this paper will consider the potential for continued peaceful coexistence among uranium market participants worldwide.

  19. Fair Trade: Social Regulation in Global Food Markets

    Science.gov (United States)

    Raynolds, Laura T.

    2012-01-01

    This article analyzes the theoretical and empirical parameters of social regulation in contemporary global food markets, focusing on the rapidly expanding Fair Trade initiative. Fair Trade seeks to transform North/South relations by fostering ethical consumption, producer empowerment, and certified commodity sales. This initiative joins an array…

  20. Contagion as Domino Effect in Global Stock Markets

    NARCIS (Netherlands)

    T.D. Markwat (Thijs); H.J.W.G. Kole (Erik); D.J.C. van Dijk (Dick)

    2008-01-01

    textabstractThis paper shows that stock market contagion operates through a domino effect, where small crashes evolve into more severe crashes. Using a novel unifying framework we model the occurrence of local, regional and global crashes in terms of past occurrences of these different crashes and

  1. Levels of Product Differentiation in the Global Mobile Phones Market

    OpenAIRE

    Andonov, Stanimir

    2006-01-01

    The sixth product level called compliant product is a connecting element between the physical product characteristics and the strategy of the producer company. The article discusses the differentiation among the product offers of companies working in the global markets, as well as the strategies which they use and could use in that respect.

  2. Globalization, Labor Markets and Inequality in India | CRDI - Centre ...

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

    30 janv. 2008 ... India started on a program of reforms, both in its external and internal aspects, in the mid-1980s. While the increased exposure to world markets (globalization) and relaxation of domestic controls has undoubtedly given a spurt to the GDP growth rate, the impact of reforms on poverty, inequality and ...

  3. A Comparison of Global Financial Market Recovery after the 2008 Global Financial Crisis

    Directory of Open Access Journals (Sweden)

    Foo Jennifer

    2017-06-01

    Full Text Available The Financial Crisis of 2007-2009 plunged countries into a Great Recession and focused the world’s attention on the global stock markets. The global contagion has a major impact on global stock markets, with the U.S. DJIA falling to 6,547.05 on March 9, 2009 from a high of 14,164.53 on October 9, 2007, with a loss of more than 54%. Other stock markets also had a precipitous drop during the financial crisis. However, some equity markets have recovered while others have not. This paper looks at how global markets compared in their recovery. This paper also investigates the advanced countries’ recovery relative to the emerging and developing countries in the aftermath of the financial crisis and their ability to climb back to the pre-financial crisis levels. Analysis is provided for 31 stock indexes from January 2005 to March 2013. In 2013 the majority of analysed stock markets recovered from the crises regardless of if they belong to the group of developed or emerging markets.

  4. The global uranium market: supply and demand 1992-2010

    International Nuclear Information System (INIS)

    1994-06-01

    This document looks at the supply of and demand for uranium on markets worldwide and covers the years 1992 to 2010. Uranium and nuclear fuel markets have become truly global with the inclusion of fuel cycle companies from Eastern Europe and the Commonwealth of Independent States (CIS) leading at the same time to additional supplies becoming available and new political constraints on uranium trading. This report includes new data from China, Eastern Europe and the CIS republics. As recycling plays on ever more important role, the global supply and demand balance for uranium and fuel services is altered. Prospects for nuclear power growth and for the uranium market in the next century remain uncertain. (UK)

  5. (Mismanaging labour markets? The decline of the contemporary global labour market for British seafarers.

    Directory of Open Access Journals (Sweden)

    S. Ruggunan

    2010-12-01

    Full Text Available Purpose: The purpose of this article is to investigate the ways in which states are still significant actors in creating and shaping the nature and characteristics of global labour markets. My argument is demonstrated through an empirical case study of the global labour market for British seafarers. Problem Investigated: The last 30 years has witnessed a decimation of the number of employed British seafarers, particularly at lower rank levels, such as ratings. I contend that despite Britain's long and rich maritime history, the British state has not acted meaningfully to reverse the decline of British seafarers. The lack of meaningful action I contend is an attempt to crew British owned ships with cheaper seafaring labour from Asia, particularly south east Asia. In so doing the British state has contributed to the decline of a once thriving labour market. There has simultaneously been an upsurge in the employment of seafarers of other nationalities, and thus the creation of new labour markets in countries such as the Philippines. This paper is an attempt to understand some of the factors responsible for the decline of the British labour market for seafarers. Methodology and Approach: This paper is the outcome of a larger qualitative study undertaken for my doctoral thesis in industrial sociology which examined the transformation of the global labour market for South African, Filipino and British seafarers. The methodology consists of in depth interviews with maritime officials and trade union leaders. These were conducted in person in London, United Kingdom between 2005 and 2008. These interviews are supported by extensive literature and documentary research, to validate, support and test claims made by my interviewees. Implications and Value of the Research: The theoretical contribution of this paper is to reinsert the state more critically into the literature on labour markets. Empirically, seafaring labour markets are largely ignored by the

  6. Sport et éthique: enjeux et outils pour le marketing sportif - Sport and ethics: stakes and tools for marketing of sport

    OpenAIRE

    Emmanuel Bayle; Samuel Mercier

    2008-01-01

    (VF)Dans un contexte général d’une demande sociétale d’éthique, d’appel à la responsabilité sociale des entreprises et face aux attaques (dopage, violences, corruption…) que connaît aujourd’hui le mythe de l’éthique sportive, comment les organisations présentes dans le secteur du sport adaptent-elles leurs stratégies marketing ? Cet article propose une typologie des enjeux stratégiques de l’instrumentalisation de l’éthique sportive selon quatre types d’organisations. A partir de ce cadre conc...

  7. DYNAMICS AND NEW CHALLENGES IN THE GLOBAL COMMODITY MARKET

    Directory of Open Access Journals (Sweden)

    MARIA CARTAS

    2015-12-01

    Full Text Available Global economy and particularly the world production of goods depends to a large extent on the supply of raw materials, of resource inputs extracted from the environment as well as an easy access to them. Commodities play an important part in the growth of global production and in the world trade in goods and services. The access to raw materials is vital for sustaining the productive capacity of the economy and also for satisfying domestic demand for industrial goods. On the other side, increasing demand for commodities and the need for assuring a sustainable supply pose great challenges on the world economy. The issue of raw materials supply represents a high - priority theme in the political agenda of the European Union. The Raw Materials Initiative launched in 2008 by the European Commission is based on three main pillars: - to ensure the access to raw materials on world market at undistorted conditions; - to foster sustainable supply of raw materials from European sources; - to reduce the EU's consumption of primary raw materials. (EC, 2008. To this end, EC has started to take action in order to ensure access to resources and avoid supply shortages. A great deal of attention is being paid to the study of recent developments in the global and particular commodity markets, taking into consideration fundamental aspects as supply concentration, governance of producing countries, the pressure of demand and its impact on prices, material's substitutability, stressing the role of resource consumption efficiency, recycling and substitution of vital raw materials and thus providing policy makers and industry with reliable information on how to efficiently manage resource inputs. This paper is dealing with the main developments which occurred during the past decade or so in the global commodity market, a major driver of the world economy, with particular reference to selected key -markets - as: aluminium, copper, nickel; cotton; corn, meat - swine

  8. A Journey from Regional Gas Markets to a Global Gas Market

    International Nuclear Information System (INIS)

    Waterlander, O.; Schlaak, T.; Donohue, T.; Sarraf, G.

    2008-06-01

    According to the authors understanding the landscape of gas markets in the short and medium terms has never been as challenging as it is today. In this article, they describe three potential market scenarios to illustrate the drivers of market globalization: (1) A supply-driven imbalance in which the Middle East's export ability is constrained; (2) A demand-driven imbalance in which binding CO2 legislation in the U.S. gives a sharp boost to gas-fired power generation; and (3) A scenario in which both situations occur in concert.

  9. IMPACT OF GLOBAL RETAILERS ON REGIONAL MARKET PARTICIPANTS

    Directory of Open Access Journals (Sweden)

    A. A. Evtyugina

    2010-06-01

    Full Text Available The given article is focused on a topical subject of global trade networks and the current trends of their development on a regional retail market. The authors believe that deep integration of international networks in the regions significantly increases the competition among network operators in the trade sector and creates a certain challenge for Russian retailers, and require introduction of innovative management techniques, automation of operational processes, expansion of assortment, better service, lower prices, etc. Research and assessment of the parameters given in the article help verifying an effect of international networks on the development process of regional market participants.

  10. Le marketing au concret Marketing Looked at Concretely. The Case of the “Social Drama of Work” of Marketing Studies Experts in Large Companies

    Directory of Open Access Journals (Sweden)

    Gérald Gaglio

    2010-10-01

    Full Text Available Le terme “marketing” suscite généralement la méfiance, car il est spontanément associé à l’idée de manipulation. Au-delà, que font, concrètement, les “gens du marketing” ? Afin d’apporter des pistes de réponse à cette question, nous nous penchons dans cet article sur les enjeux relatifs à un matériau censé alimenter les réflexions et décisions des marketeurs : les études qualitatives de marketing research réalisées dans le cadre de réunions de consommateurs. Cette approche nous conduit à explorer les relations existant entre les chargés d’études marketing internes en grandes entreprises (CEI et leurs commanditaires issus de services de marketing. Plus précisément, nous étudions la professionnalité des CEI et les ramifications du drame social de leur travail, ce dernier étant conditionné par un rapport asymétrique avec leurs commanditaires. À partir de l’examen de cette tension dynamique, révélatrice des relations entre ces deux groupes professionnels, nous décrivons un volet de l’exercice réel du marketing en milieu organisé. Nos analyses, qui selon nous, peuvent être généralisées à d’autres catégories professionnelles, se basent sur une observation participante menée chez un opérateur de téléphonie mobile français et sur une campagne d’entretiens semi-directifs.The term “marketing” generally arouses mistrust, for it is immediately associated with the idea of manipulation. But, beyond that, what, concretely, do “people in marketing” do ? In order to provide some leads to answering this question, in this article we concentrate on the issues involved in material supposed to nourish the marketers’ reflections and decision-making : qualitative marketing research studies, carried out in the context of consumer meetings. This approach leads us to explore the relationships existing between internal marketing studies experts in large companies and their backers from

  11. Risks in global natural gas markets: Investment, hedging and trade

    International Nuclear Information System (INIS)

    Egging, Ruud; Holz, Franziska

    2016-01-01

    Recent supply security concerns in Europe have revived interest into the natural gas market. We investigate infrastructure investment and trade in an imperfect market structure for various possible risks for both supply and demand. We focus on three possible scenarios in a stochastic global gas market model: (i) transit of Russian gas via Ukraine that may be disrupted from 2020 on; (ii) natural gas intensity of electricity generation in OECD countries that may lead to higher or lower natural gas demand after 2025; and (iii) availability of shale gas around the globe after 2030. We illustrate how the timing of investments is affected by inter-temporal hedging behavior of market agents, such as when LNG capacity provides ex-ante flexibility or an ex-post fallback option if domestic or nearby pipeline supply sources are low. Moreover, we find that investment in LNG capacities is more determined by demand side pull – due to higher needs in electric power generation – than by supply side push, e.g. higher shale gas supplies needing an outlet. We focus on Europe, North America, and China that are the world's most important gas consuming and supplying regions. - Highlights: •We use the stochastic variant of the multi-period Global Gas Model. •We investigate the effects of uncertainty in Russian exports, demand, and shale gas. •We find that LNG is preferred as hedging option in anticipation of uncertain events. •Pipelines may be chosen as recourse decision after uncertain events realized. •China will dominate the global natural gas market regardless the scenario.

  12. Meat export competitiveness of European Union countries on global markets

    OpenAIRE

    Štefan Bojnec; Imre Fertő

    2014-01-01

    The purpose of this research is to provide insight into the export competitiveness of meat products of the European Union (EU-27) member states on global markets. The revealed comparative advantage index is used to analyze the levels, compositions, and evolutions in patterns of development in the export competitiveness of meat products and their levels of stability at the product level. Except for some niche meat products, a larger number of the EU-27 member states have experienced comparativ...

  13. Accommodating Global Markets: Malaysia's Response to Economic Crisis

    OpenAIRE

    Helen Nesadurai

    1998-01-01

    The East Asian financial crisis has shown how governments in affected countries have had to contend both with the external constraint imposed by global capital mobility and domestic political dynamics when instituting adjustment to the crisis. Some commentators see the reform process in the East Asian states as an outcome of the disciplining behaviour of financial markets that will lead to the complete dismantling of those structures that supported the state- directed developmentalist mode of...

  14. The Emerging Global Education Industry: Analysing Market-Making in Education through Market Sociology

    Science.gov (United States)

    Verger, Antoni; Steiner-Khamsi, Gita; Lubienski, Christopher

    2017-01-01

    This paper addresses the rise and consequences of an emerging global education industry (GEI), which represents new forms of private, for profit involvement in education across the globe. The paper explores the emergence within the GEI of new and varied, largely transnational, markets in education by focusing on three examples of the GEI at work.…

  15. The global market for oilseeds: prospects and challenges for Morocco

    Directory of Open Access Journals (Sweden)

    Gosselet Nathalie

    2014-03-01

    Full Text Available The global market for oilseeds, grains, vegetable oil and oilseed meal is a complex market which is growing at a very fast pace, and which is characterized by the large volume of production which is traded between countries. Offer is geographically constrained in this market: there are few exporting countries and these are mainly situated on the American continent. Demand on the other hand is more widespread, although highest in Asiatic countries, China in particular. As a result, small importing countries, like Morocco, are in a vulnerable position, and take the full brunt of price volatility. In the 90s, Moroccan oilseed production was relatively high, unfortunately production dropped over the years, and Morocco must now buy vegetable oil and proteins on the global market. Reviving oilseed production in Morocco would considerably help the country and provide numerous benefits, such as food security, improving the country’s trade balance, and enhancing the agronomic management of land thanks to the introduction of break crops. Finally, it would also boost the entire agricultural sector and help increase the income of farmers.

  16. Effects of raising US interest rates on global FX markets

    Directory of Open Access Journals (Sweden)

    Kožul Nataša

    2016-01-01

    Full Text Available Following the global financial crisis of 2008, many countries decreased their domestic interest rates as a means of stimulating economic growth, while also providing protection from substantial default on debt. Low interest rates reduce the incentive to save, prompting consumers to purchase assets, such as housing, thus implicitly increasing wealth. In addition, they make the currency relatively cheaper, making exports more competitive, while reducing foreign demand for holding debt in that currency. All these should stimulate economy, albeit at the cost of reduced competitiveness in the world financial markets, where return on investment is largely determined by the interest rates. Low interest rates also prompt greater borrowing, which may not be sustainable once they start to rise. In addition, those that largely depend on interest rate income may seek more speculative and high-risk investments, potentially leading to significant defaults. Finally, as the market interest rate is composed of the real rate and inflation, decreasing rates changes the balance in this relationship, which may lead to inflationary economy. Now that the US has increased its domestic rates for the first time since 2006, it is important to examine the potential effects this will have on global markets and other economies. This paper offers some insights into the dynamics of the FX markets and discusses why the US rate is so closely watched worldwide.

  17. Cosmetic Surgery: Regulatory Challenges in a Global Beauty Market.

    Science.gov (United States)

    Griffiths, Danielle; Mullock, Alex

    2017-02-28

    The market for cosmetic surgery tourism is growing with an increase in people travelling abroad for cosmetic surgery. While the reasons for seeking cosmetic surgery abroad may vary the most common reason is financial, but does cheaper surgery abroad carry greater risks? We explore the risks of poorly regulated cosmetic surgery to society generally before discussing how harm might be magnified in the context of cosmetic tourism, where the demand for cheaper surgery drives the market and makes surgery accessible for increasing numbers of people. This contributes to the normalisation of surgical enhancement, creating unhealthy cultural pressure to undergo invasive and risky procedures in the name of beauty. In addressing the harms of poorly regulated surgery, a number of organisations purport to provide a register of safe and ethical plastic surgeons, yet this arguably achieves little and in the absence of improved regulation the risks are likely to grow as the global market expands to meet demand. While the evidence suggests that global regulation is needed, the paper concludes that since a global regulatory response is unlikely, more robust domestic regulation may be the best approach. While domestic regulation may increase the drive towards foreign providers it may also have a symbolic effect which will reduce this drive by making people more aware of the dangers of surgery, both to society and individual physical wellbeing.

  18. Will EU Biofuel Policies affect Global Agricultural Markets?

    International Nuclear Information System (INIS)

    Banse, M.; Vvan Meijl, H.; Tabeau, A.; Woltjer, G.

    2008-04-01

    This paper assesses the global and sectoral implications of the European Union Biofuels Directive (BFD) in a multi-region computable general equilibrium framework with endogenous determination of land supply. The results show that, without mandatory blending policies or subsidies to stimulate the use of biofuel crops in the petroleum sector, the targets of the BFD will not be met in 2010 and 2020. With a mandatory blending policy, the enhanced demand for biofuel crops has a strong impact on agriculture at the global and European levels. The additional demand from the energy sector leads to an increase in global land use and, ultimately, a decrease in biodiversity. The development, on the other hand, might slow or reverse the long-term process of declining real agricultural prices. Moreover, assuming a further liberalization of the European agricultural market imports of biofuels are expected to increase to more than 50% of the total biofuel demand in Europe

  19. The Global-Market Doctrine: A Study in Fundamentalist Theology. The Iconoclast.

    Science.gov (United States)

    McMurty, John

    1997-01-01

    Presents an interesting metaphorical critique of the current enthusiasm for the global market and the free market system. Delineates 10 defining principles of a fundamentalist theological doctrine and then suggests replacing the term "global market" with "Supreme Ruler." Criticizes free market capitalism as being occasionally…

  20. ASSESSMENT OF THE BUSINESS ENVIRONMENT FOR DEVELOPMENT OF GLOBAL MARKETING STRATEGY

    Directory of Open Access Journals (Sweden)

    V. Savelyev

    2014-03-01

    Full Text Available The article concerns with essence of assessment of the business environment and specific directions of analysis during the working out of global marketing strategy. The classification of the global marketing environment researches and tasks sequence in the context of the decisions made on each stage of global marketing strategy is proposed.

  1. Connecting Instructional and Cognitive Aspects of an LE: A Study of the Global Seminar Project

    Science.gov (United States)

    Savelyeva, Tamara

    2012-01-01

    My research problem is based on the lack of unifying conceptual cohesion between the discourses concerning cognitive and instructional aspects of learning environments (LE). I contrast that lack with practical developments of LE studies connected at the level of practical implementation and evaluation. Next, I briefly review the LE boundaries,…

  2. L’investiture du 44e président des Etats-Unis :Le National Mall, le village global et le Green New Deal

    Directory of Open Access Journals (Sweden)

    Cynthia Ghorra-Gobin

    2009-02-01

    Full Text Available Ce texte sur les Etats-Unis est le dernier article d’une série de trois rédigés au fur et à mesure des événements à l’occasion de la 56e élection présidentielle qui a marqué l’avènement du 44e président, Barack Obama. Le premier article (juin 2008, « Un événement révélateur des mutations de la société américaine » soulignait l’originalité du sénateur candidat Obama à l’élection présidentielle de 2008 en raison de son parcours personnel face à son rival McCain. Le deuxième article (novembre 2008 « Le regard des Américains dans un contexte mondial incertain », mettait en évidence les valeurs symboliques véhiculées par le futur président Obama dans une société qui avait choisi de clore son histoire raciale. Ce troisième article s’appuyant principalement sur les images de la cérémonie d’investiture du 20 janvier 2009, le discours du président Obama et quelques commentaires des médias rend compte du sentiment de joie et de fierté d’un peuple en dépit d’une prise de conscience de la gravité d’une crise financière et économique (sans oublier les deux guerres en cours. Il illustre le choix du président en faveur d’une politique a priori en rupture avec celle de l’administration précédente en prenant l’exemple du changement climatique. Toutefois il s’interroge sur la pertinence de l’expression  « Green New Deal »  avancée par les médias en dehors de toute référence à la notion d’empreinte écologique et d’un regard réflexif sur l’American Way of Life.  This third article mainly based on the images of the inauguration ceremony (January 20th, on the president Obama’s discourse and on a few comments made by the media, describes the feeling of happiness and prideness as expressed by the American people on the National Mall in spite of the seriousness of the financial and economic crises (besides two wars. It also illustrates the choice of a president

  3. Global impact of uncertainties in China’s gas market

    International Nuclear Information System (INIS)

    Xunpeng, Shi; Variam, Hari Malamakkavu Padinjare; Tao, Jacqueline

    2017-01-01

    This paper examines the uncertainties in Chinese gas markets, analyze the reasons and quantify their impact on the world gas market. A literature review found significant variability among the outlooks on China's gas sector. Further assessment found that uncertainties in economic growth, structural change in markets, environmental regulations, price and institutional changes contribute to the uncertainties. The analysis of China’s demand and supply uncertainties with a world gas-trading model found significant changes in global production, trade patterns and spot prices, with pipeline exporters being most affected. China's domestic production and pipeline imports from Central Asia are the major buffers that can offset much of the uncertainties. The study finds an asymmetric phenomenon. Pipeline imports are responding to China's uncertainties in both low and high demand scenarios while LNG imports are only responding to high demand scenario. The major reasons are higher TOP levels and the current practice of import only up to the minimum TOP levels for LNG, as well as a lack of liberalized gas markets. The study shows that it is necessary to create LNG markets that can respond to market dynamics, through either a reduction of TOP levels or change of pricing mechanisms to hub indexation. - Highlights: • Economic growth, regulations, reforms and shale gas cause the uncertainties. • Pipeline exporters to China and Southeast Asian and Australian LNG exporters affected the most. • China’s domestic production and pipe imports offset much of the uncertainties. • Pipeline imports are responding to China’s uncertainties in both low and high demand. • LNG imports are only responding to high demand scenario.

  4. Globalization, Publishing, and the Marketing of “Hispanic” Identities

    Directory of Open Access Journals (Sweden)

    Jill Robbins

    2014-06-01

    Full Text Available My article explores the complex Spanish reaction to recent changes in the Spanish-language publishing business as indicative of an ambivalence toward Spain’s place in the new global order, particularly by liberal intellectuals who associate books and bookstores with resistance and solidarity. The purchase of important Spanish publishers by international media conglomerates also implies to some a loss of national identity and cultural values, at the same time as the internationalization of the publishing business represents Spain’s incorporation into the European community and the world economy. The European Union, however, and Spain in particular, have globalized and marketed Latin America through business ventures, NGOs and cooperative efforts linked both to the embassies and to the international corporations. The resulting contradictions –the resistance to and welcoming of globalization, the nostalgia for, economic colonization of and rejection of Latin America– affect what is currently published in Spain by Spanish and Latin American authors and how it is marketed.

  5. Current Trends in the Nuclear Power Global Market

    Directory of Open Access Journals (Sweden)

    Mariya Mikhailovna Osetskaya

    2018-03-01

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

  6. Le reporting extra-financier selon la Global reporting initiative à l’épreuve du greenwashing

    OpenAIRE

    Huguet, Ivan

    2016-01-01

    La présente contribution vise à offrir une meilleure compréhension du reporting extra-financier et des enjeux, qu’ils soient théoriques ou pratiques, sous-jacents à ce dernier. Par ailleurs, en explorant cette pratique aux contours flous qu’est le greenwashing, le présent texte vise également à déterminer la crédibilité qu’il est possible d’accorder aux rapports extra-financiers établis selon la Global reporting initiative.

  7. Le Liban dans la mondialisation Lebanon in Globalization. The Accounting Profession and Modernization of Enterprises

    Directory of Open Access Journals (Sweden)

    Élisabeth Longuenesse

    2010-12-01

    Full Text Available Dans les pays faiblement industrialisés, l’ouverture des marchés est synonyme d’alignement sur des normes de gestion et de contrôle issues des économies dominantes. Les réformes économiques ont des dimensions réglementaires et institutionnelles qui impliquent au premier chef les professionnels de la finance, de la comptabilité, de l’administration des entreprises. Les changements qui ont affect�� récemment le monde professionnel de l’expertise comptable et du contrôle des comptes dans les pays du Proche-Orient, révèlent la façon dont ces réformes sont portées et mises en œuvre par des professionnels qui s’en font les promoteurs actifs et éclairés, et en défendent la nécessité et l’intérêt pour l’économie nationale. Dans le cas du Liban, toutefois, la complexité du contexte politique et la force des solidarités segmentaires (familiales, locales, communautaires peuvent peser sur les décisions en matière de recrutement de la main-d’œuvre, ou d’affectation des ressources, loin de la rationalité économique postulée par l’orthodoxie économique libérale. Les questions habituelles concernant la diffusion des modèles de gestion doivent donc être reformulées en tenant compte des différences de contexte et d’enjeux.In a poorly industrialized country, opening markets is synonymous with an alignment of management and control standards issuing from dominant economies. The economic reforms have reglementary and institutional dimensions which first of all involve the professionals of finance, accounting and business administration. The changes which have recently affected the professional world of expert accounting and accountability control in Middle Eastern countries, reveals how these reforms are brought in and implemented by the professionals who are their most active and enlightened promotors, and who defend their necessity and interest for the national economy. Yet, in Lebanon’s case, the

  8. Global unbalance in seaweed production, research effort and biotechnology markets.

    Science.gov (United States)

    Mazarrasa, Inés; Olsen, Ylva S; Mayol, Eva; Marbà, Núria; Duarte, Carlos M

    2014-01-01

    Exploitation of the world's oceans is rapidly growing as evidenced by a booming patent market of marine products including seaweed, a resource that is easily accessible without sophisticated bioprospecting technology and that has a high level of domestication globally. The investment in research effort on seaweed aquaculture has recently been identified to be the main force for the development of a biotechnology market of seaweed-derived products and is a more important driver than the capacity of seaweed production. Here, we examined seaweed patent registrations between 1980 and 2009 to assess the growth rate of seaweed biotechnology, its geographic distribution and the types of applications patented. We compare this growth with scientific investment in seaweed aquaculture and with the market of seaweed production. We found that both the seaweed patenting market and the rate of scientific publications are rapidly growing (11% and 16.8% per year respectively) since 1990. The patent market is highly geographically skewed (95% of all registrations belonging to ten countries and the top two holding 65% of the total) compared to the distribution of scientific output among countries (60% of all scientific publications belonging to ten countries and the top two countries holding a 21%), but more homogeneously distributed than the production market (with a 99.8% belonging to the top ten countries, and a 71% to the top two). Food industry was the dominant application for both the patent registrations (37.7%) and the scientific publications (21%) followed in both cases by agriculture and aquaculture applications. This result is consistent with the seaweed taxa most represented. Kelp, which was the target taxa for 47% of the patent registrations, is a traditional ingredient in Asian food and Gracilaria and Ulva, which were the focus of 15% and 13% of the scientific publications respectively, that are also used in more sophisticated applications such as cosmetics, chemical

  9. Isotopes and innovation: Canadian success in a global market

    International Nuclear Information System (INIS)

    West, S.

    2012-01-01

    Canadian nuclear technology for the prevention, diagnosis and treatment of disease has a global presence. Innovation has as much to do with the way you take a product to market as with the product itself. Nordion targeted therapies are used in the treatment in a variety of cancers. TheraSphere fills a specific medical need for a targeted liver cancer treatment. Nordion is the world's leading supplier of Cobalt-60, the isotope producing gamma radiation required to destroy micro-organisms. Nordion is a world leader in medical isotope processing, packaging and delivery.

  10. Isotopes and innovation: Canadian success in a global market

    Energy Technology Data Exchange (ETDEWEB)

    West, S. [Nordion Inc., Kanata, Ontario (Canada)

    2012-07-01

    Canadian nuclear technology for the prevention, diagnosis and treatment of disease has a global presence. Innovation has as much to do with the way you take a product to market as with the product itself. Nordion targeted therapies are used in the treatment in a variety of cancers. TheraSphere fills a specific medical need for a targeted liver cancer treatment. Nordion is the world's leading supplier of Cobalt-60, the isotope producing gamma radiation required to destroy micro-organisms. Nordion is a world leader in medical isotope processing, packaging and delivery.

  11. Impact of global financial crisis on stylized facts between energy markets and stock markets

    Science.gov (United States)

    Leng, Tan Kim; Cheong, Chin Wen; Hooi, Tan Siow

    2014-06-01

    Understanding the stylized facts is extremely important and has becomes a hot issue nowadays. However, recent global financial crisis that started from United States had spread all over the world and adversely affected the commodities and financial sectors of both developed and developing countries. This paper tends to examine the impact of crisis on stylized facts between energy and stock markets using ARCH-family models based on the experience over 2008 global financial crisis. Empirical results denote that there is long lasting, persists and positively significant the autocorrelation function of absolute returns and their squares in both markets for before and during crisis. Besides that, leverage effects are found in stock markets whereby bad news has a greater impact on volatility than good news for both before and during crisis. However, crisis does not indicate any impact on risk-return tradeoff for both energy and stock markets. For forecasting evaluations, GARCH model and FIAPARCH model indicate superior out of sample forecasts for before and during crisis respectively.

  12. FINANCIAL RISK COVERAGE IN THE CONTEXT OF GLOBALIZATION FINANCIAL MARKETS

    Directory of Open Access Journals (Sweden)

    María Esperanza González-del Foyo

    2016-01-01

    Full Text Available In a globalized environment, the increase of risks that assume the international commerce makes necessary the to articulate the instruments of covering. The enterprise activity and the country in matter will condition in a great measure the type of covering that be needed to contract, the principal consist in: knowing the risks, evaluate its incidence, decide to cover it or assume it and in both cases the right choise most be the aplication of the strategy thatt be more efective. The States put under disposition of the enterprises a series of public mechanismes to help them to promote its internationalitation . One of the pillars where this politics rest is the use of mechanismes of riskes cover in the internacional commerce. In correspondence with the previous, to reflect on the aplications of the financial risk and the formulation of strategies to cover them in conditions of globalization of the financial markets, constitute the objetive of this article. 

  13. Prospective of Transformation of Current Models of the Global Pharmaceutical Market

    Directory of Open Access Journals (Sweden)

    Yuriy Solodkovskyy

    2012-02-01

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

  14. « Le marketing, ou la ruse de l'économie »

    OpenAIRE

    Cochoy , Franck

    2001-01-01

    National audience; The paper discusses the possible contribution of marketers and marketing to the functioning of the market economy. Through the gathering of the managers' various forms of know-how and the reformulation of them as a science of real markets, the deviant economists who pioneered the marketing field at the beginning of the century succeeded in building bridges between the science of markets and their practice. In the interwar period, the application of industrial taylorism to t...

  15. ASSESSING INTERNATIONAL MARKET SEGMENTATION APPROACHES: RELATED LITERATURE AT A GLANCE AND SUGGESSTIONS FOR GLOBAL COMPANIES

    OpenAIRE

    Nacar, Ramazan; Uray, Nimet

    2015-01-01

    With the increasing role of globalization, international market segmentation has become a critical success factor for global companies, which aim for international market expansion. Despite the practice of numerous methods and bases for international market segmentation, international market segmentation is still a complex and an under-researched area. By considering all these issues, underdeveloped and under-researched international market segmentation bases such as social, cultural, psychol...

  16. The potential global market size and public health value of an HIV-1 vaccine in a complex global market.

    Science.gov (United States)

    Marzetta, Carol A; Lee, Stephen S; Wrobel, Sandra J; Singh, Kanwarjit J; Russell, Nina; Esparza, José

    2010-07-05

    An effective HIV vaccine will be essential for the control of the HIV pandemic. This study evaluated the potential global market size and value of a hypothetical HIV vaccine and considered clade diversity, disease burden, partial prevention of acquisition, impact of a reduction in viral load resulting in a decrease in transmission and delay to treatment, health care system differences regarding access, and HIV screening and vaccination, across all public and private markets. Vaccine product profiles varied from a vaccine that would have no effect on preventing infection to a vaccine that would effectively prevent infection and reduce viral load. High disease burden countries (HDBC; HIV prevalence > or = 1%) were assumed to routinely vaccinate pre-sexually active adolescents (10 years old), whereas low disease burden countries (LDBC; HIV prevalence rate market value of $210 million to $2.7 billion, depending on the vaccine product profile. If one-time catch-up campaigns were included (11-14 years old for HDBC and higher risk groups for LDBC), the additional cumulative approximately 70-237 million doses were needed over a 10-year period with a potential market value of approximately $695 million to $13.4 billion, depending on the vaccine product profile. Market size and value varied across market segments with the majority of the value in high income countries and the majority of the demand in low income countries. However, the value of the potential market in low income countries is still significant with up to $550 million annually for routine vaccination only and up to $1.7 billion for a one-time only catch-up campaign in 11-14 years old. In the most detail to date, this study evaluated market size and value of a potential multi-clade HIV vaccine, accounting for differences in disease burden, product profile and health care complexities. These findings provide donors and suppliers highly credible new data to consider in their continued efforts to develop an HIV-1

  17. [German poultry farming between animal welfare and global market].

    Science.gov (United States)

    Erhard, Michael; Damme, Klaus

    2009-01-01

    Despite the positive tendencies concerning sales output in the poultry production, the margins per single animal are extremely low. This circumstance leads inevitably to an increasing number of animals per farm. Also the German egg production is currently confronted with a great challenge due to changes of the legislation of animal welfare in animal farming (German Tierschutz-Nutztierhaltungs-Verordnung), the EU-zoonosis-regulation (2160/2003) and because of the avian influenza difficulties. In addition, the globalization has tightened the competitive conditions during production. Therefore, innovation potential and specialization are mandatory premises for the continuity within a free market economy. In all farming systems there has to be made a consideration between animal welfare, economy and ecology, whereas, based on animal welfare, the "ethical limit" has the utmost importance. It has to be accounted for the concept of fulfilment of demand and prevention of harm. The success of agricultural animal farming depends, last but not least, on a good and robust state of health of the live stock. The German consumer will have to accept that a high quality and high welfare poultry product will have their price, even in the global market. The sale orientation on non-European production methods is not acceptable under the aspect of animal welfare.

  18. GLOBAL TO DOMESTIC PRICE TRANSMISSION BETWEEN THE SEGMENTED CEREALS MARKETS: A STUDY OF AFGHAN RICE MARKETS

    Directory of Open Access Journals (Sweden)

    Najibullah Hassanzoy

    2015-10-01

    Full Text Available This paper examines cointegration and the difference in the extent of price transmission, and speed of adjustment between global and domestic prices of high and low quality rice. Unit root tests, cointegration tests and error correction models are employed in the analysis. While there are no comparable studies in the literature, the findings of this study indicate that the dynamics of price transmission may be different between high and low quality rice markets. That is, the extent of price transmission appears to be larger for the global prices of low quality rice whereas the speed of adjustment to the long-run equilibrium may be faster for domestic prices of high quality rice. Moreover, a shock in the global prices of low quality rice may have a long-lasting effect on domestic prices of low quality rice as compared to their high quality counterparts affecting domestic prices of high quality rice.

  19. Branding Serbia as a Tourist Destination on the Global Market

    Directory of Open Access Journals (Sweden)

    Ivan Paunović

    2014-04-01

    Full Text Available Destination branding has become one of the most popular contemporary topics, both among tourism practitioners and politicians, because there is strong evidence that strong national destination brand supports commercial brands in industries related to tourism. Therefore, factors that influence destination brand loyalty are of crucial importance for understanding and promoting the brand. Building brand loyalty is not just about repeat buying, but also about building customers emotional attachment to the brand. Global growth and diversification of tourist markets has transformed destinations from “vacation industry” concept, to “industry of experience” concept.The study performed statistical tests with a goal to analyze the factors influencing brand loyalty in Serbia: age, length of stay and daily spending. Additionally, sub-brand loyalty levels are presented (by major destinations inside Serbia, markets of origin and by major themes for travel in order to identify groups of tourists that are more loyal, and the ones that are less loyal to the destination brand of Serbia. The study results and recommendations should be used as a contribution towards designing national and regional destination marketing strategies.

  20. Competitiveness of the Russian Federation in the Global Tourism Market

    Directory of Open Access Journals (Sweden)

    Slavomir Bucher

    2016-03-01

    Full Text Available At present, the tourist industry is one of the fastest growing economic branches of the global economy. For many countries, it brings a significant portion of revenues to their national economies. In the article, the identification and assessment of the secondary data of the World Economic Forum published in The Travel & Tourism Competitiveness Report are carried out. In the Report, the strengths and weaknesses of some countries in the international tourist market are specified in detail. The plan of the analysis is in a more precise specification of competitiveness indices, which consist of compound indices: I — legal framework; II — business environment and infrastructure; III — human, cultural and natural resources for the Russian Federation and some states of Post-Soviet geopolitical space. The goals of the paper are the evaluation of the 14 factors that affect destination competitiveness and the comparison of the competitiveness levels in the Russian Federation. The paper also aimed to provide an understanding of the Russian position in the international tourism market and provide suggestions in order to improve weaknesses of the country. The competitiveness ranking 2015 for the tourism infrastructure, prioritization of travel and tourism, and national tourism perceptions suggest that Estonia, Latvia, Lithuania and Russia rank the top, relative to other former Soviet Union countries in the sample. Since these countries outperform in a tourism infrastructure, it is likely that they continuously try to improve their physical and financial infrastructure for tourists in the country. Therefore, it is a great challenge for Russia to constantly monitoring new trends and occurrences in the international tourism market, which are more diverse needs and demands of the tourist clientele. The findings of this study also shed light on the competitiveness of the Russian Federation operating in the international tourism market. As understood from

  1. 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.

  2. Certification of Markets, Markets of Certificates: Tracing Sustainability in Global Agro-Food Value Chains

    Directory of Open Access Journals (Sweden)

    Arthur P. J. Mol

    2015-09-01

    Full Text Available There is a blossoming of voluntary certification initiatives for sustainable agro-food products and production processes. With these certification initiatives come traceability in supply chains, to guarantee the sustainability of the products consumed. No systematic analysis exists of traceability systems for sustainability in agro-food supply chains. Hence, the purpose of this article is to analyze the prevalence of four different traceability systems to guarantee sustainability; to identify the factors that determine the kind of traceability systems applied in particular supply chains; and to assess what the emergence of economic and market logics in traceability mean for sustainability. Two conclusions are drawn. Globalizing markets for sustainable agro-food products induces the emergence of book-and-claim traceability systems, but the other three systems (identity preservation, segregation and mass balance will continue to exist as different factors drive traceability requirements in different supply chains. Secondly, traceability itself is becoming a market driven by economic and market logics, and this may have consequences for sustainability in agro-food supply chains in the future.

  3. Scientists have lost the North. Reflections on global warming; Les scientifiques ont perdu le Nord. Reflexions sur le rechauffement climatique

    Energy Technology Data Exchange (ETDEWEB)

    Galam, S

    2008-07-01

    A huge difference exists between a scientific proof and a scientific theory. This is the case with global warming. No honest scientist can prove that mankind is the only responsible of it. The possibility of a natural cause to the observed disturbances is much more worrying, considering that with our present day knowledge, no determining element allows to identify its origin and there exist no warranty that we can face up to it. The author considers that in this affair, scientists have become gurus and their opinions are considered as absolute truths. Science is now decreed and not proven, information has become propaganda and the real risk of global warming is in its social impact. On this point it is effectively urgent to act.

  4. A Tri-Country Marketing Project--Preparing Students for the Realities of a Global Marketplace

    Science.gov (United States)

    Freeman, Ina; Knight, Peter; Butt, Irfan

    2011-01-01

    With rapidly increasing globalization, business students are required to understand complex global markets and adapt to the rapid changes in the global landscape. This paper discusses a project where students from International Marketing courses in Pakistan, the United States, and France used an interactive platform as a base to jointly explore…

  5. Mapping the global health employment market: an analysis of global health jobs.

    Science.gov (United States)

    Keralis, Jessica M; Riggin-Pathak, Brianne L; Majeski, Theresa; Pathak, Bogdan A; Foggia, Janine; Cullinen, Kathleen M; Rajagopal, Abbhirami; West, Heidi S

    2018-02-27

    The number of university global health training programs has grown in recent years. However, there is little research on the needs of the global health profession. We therefore set out to characterize the global health employment market by analyzing global health job vacancies. We collected data from advertised, paid positions posted to web-based job boards, email listservs, and global health organization websites from November 2015 to May 2016. Data on requirements for education, language proficiency, technical expertise, physical location, and experience level were analyzed for all vacancies. Descriptive statistics were calculated for the aforementioned job characteristics. Associations between technical specialty area and requirements for non-English language proficiency and overseas experience were calculated using Chi-square statistics. A qualitative thematic analysis was performed on a subset of vacancies. We analyzed the data from 1007 global health job vacancies from 127 employers. Among private and non-profit sector vacancies, 40% (n = 354) were for technical or subject matter experts, 20% (n = 177) for program directors, and 16% (n = 139) for managers, compared to 9.8% (n = 87) for entry-level and 13.6% (n = 120) for mid-level positions. The most common technical focus area was program or project management, followed by HIV/AIDS and quantitative analysis. Thematic analysis demonstrated a common emphasis on program operations, relations, design and planning, communication, and management. Our analysis shows a demand for candidates with several years of experience with global health programs, particularly program managers/directors and technical experts, with very few entry-level positions accessible to recent graduates of global health training programs. It is unlikely that global health training programs equip graduates to be competitive for the majority of positions that are currently available in this field.

  6. Rare earths: Market disruption, innovation, and global supply chains

    Science.gov (United States)

    Eggert, Roderick; Wadia, Cyrus; Anderson, Corby; Bauer, Diana; Fields, Fletcher; Meinert, Lawrence D.; Taylor, Patrick

    2016-01-01

    Rare earths, sometimes called the vitamins of modern materials, captured public attention when their prices increased more than ten-fold in 2010 and 2011. As prices fell between 2011 and 2016, rare earths receded from public view—but less visibly they became a major focus of innovative activity in companies, government laboratories and universities. Geoscientists worked to better understand the resource base and improve our knowledge about mineral deposits that will be mines in the future. Process engineers carried out research that is making primary production and recycling more efficient. Materials scientists and engineers searched for substitutes that will require fewer or no rare earths while providing properties comparable or superior to those of existing materials. As a result, even though global supply chains are not significantly different now than they were before the market disruption, the innovative activity motivated by the disruption likely will have far-reaching, if unpredictable, consequences for supply chains of rare earths in the future.

  7. Th european market of the electric power; Le marche europeen de l'electricite

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-07-01

    This document presents the CRE (commission of the Electric power Control) progress report concerning the first july 2000 to the 30 june 2001. Three main subjects are discussed, illustrated by economic data and graphs: the electric power european market, the french market control and the CRE. A special interest is given to the deregulation of the market and its consequences. (A.L.B.)

  8. Th european market of the electric power; Le marche europeen de l'electricite

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-07-01

    This document presents the CRE (commission of the Electric power Control) progress report concerning the first july 2000 to the 30 june 2001. Three main subjects are discussed, illustrated by economic data and graphs: the electric power european market, the french market control and the CRE. A special interest is given to the deregulation of the market and its consequences. (A.L.B.)

  9. Global Market Entry Strategy and Point-A Perspective of Chinese Pharmaceutical Enterprise

    Institute of Scientific and Technical Information of China (English)

    TonyZhang

    2003-01-01

    After joining WTO, China will not only open its door wider to foreign investment and operations in Chinese market, but also play an increasing role in global market. However, unlike many other Chinese industries that are already major suppliers or producers of consumer products at global market, majority of pharmaceutical enterprises in China remain domestic operations. Today there are still major obstacles for Chinese pharmaceutical enterprises to overcome in entering key markets such as US and Europe.

  10. Les opportunités marketing de Twitter : dépasser le discours « SoLoMo »

    Directory of Open Access Journals (Sweden)

    Jean-Claude Domenget

    2012-03-01

    Full Text Available La démarche sociotechnique suivie dans cet article permet d’évaluer les réelles opportunités marketing de Twitter. Elle part d’une analyse du discours “SoLoMo” (pour Social, Local and Mobile, intégrant les logiques sociales en jeu, analysant les incitations du dispositif ainsi que les limites rencontrées. Une cartographie est ensuite présentée distinguant les espaces propices à des actions marketing sur le Web social. Elle amène à souligner les avantages de Twitter, en tant que dispositif de visibilité “phare”, centré sur le partage de contenu autour de centres d’intérêts. Néanmoins, malgré les opportunités touchant notamment, à la fidélisation des clients, à la prescription ordinaire ou encore au suivi de l’e-réputation de l’entreprise ; plusieurs limites sont abordées. L’ensemble conduit à s’interroger sur la tendance de fond actuelle à l’industrialisation de la présence en ligne des entreprises et des marques.

  11. ENSO Diversity Changes Due To Global Warming In CESM-LE

    Science.gov (United States)

    Carreric, A.; Dewitte, B.; Guemas, V.

    2017-12-01

    The El Niño Southern Oscillation (ENSO) is predicted to be modified due to global warming based on the CMIP3 and CMIP5 data bases. In particular the frequency of occurrence of extreme Eastern Pacific El Niño events is to double in the future in response to the increase in green-house gazes. Such forecast relies however on state-of-the-art models that still present mean state biases and do not simulate realistically key features of El Niño events such as its diversity which is related to the existence of at least two types of El Niño events, the Eastern Pacific (EP) El Nino and the Central Pacific (CP) El Niño events. Here we take advantage of the Community Earth System Model (CESM) Large Ensemble (LE) that provides 35 realizations of the climate of the 1920-2100 period with a combination of both natural and anthropogenic climate forcing factors, to explore on the one hand methods to detect changes in ENSO statistics and on the other hand to investigate changes in thermodynamical processes associated to the increase oceanic stratification owed to global warming. The CESM simulates realistically many aspects of the ENSO diversity, in particular the non-linear evolution of the phase space of the first two EOF modes of Sea Surface Temperature (SST) anomalies in the tropical Pacific. Based on indices accounting for the two ENSO regimes used in the literature, we show that, although there is no statistically significant (i.e. confidence level > 95%) changes in the occurrence of El Niño types from the present to the future climate, the estimate of the changes is sensitive to the definition of ENSO indices that is used. CESM simulates in particular an increase occurrence of extreme El Niño events that can vary by 28% from one method to the other. It is shown that the seasonal evolution of EP El Niño events is modified from the present to the future climate, with in particular a larger occurrence of events taking place in Austral summer in the warmer climate

  12. Sugar rush: Prospects for a global ethanol market

    Energy Technology Data Exchange (ETDEWEB)

    Hira, Anil, E-mail: ahira@sfu.ca [Simon Fraser University, Burnaby (Canada)

    2011-11-15

    In 2005, the major economies of the world, including the G8 and 5 developing nations (Mexico, India, Brazil, China, and South Africa), along with the United Nations, the International Energy Agency, and the European Union launched the Global Bioenergy Partnership to discuss ways to promote the sustained use and production of biofuels around the globe, reflecting growing concerns for finding economically viable substitutes for petroleum. This paper examines whether and if a vibrant global market in biofuels based on sugarcane-based ethanol is economically feasible. The paper finds that while there is already international trading in biofuels, it is highly limited compared with its potential. In the current climate of accelerating fossil fuel prices, biofuels represent an increasingly attractive displacement for some of our fossil fuel addiction. Not only do they substitute for petrol, but they also produce lower emissions. The paper finds that sugarcane ethanol could make an important contribution to substituting for a portion of petroleum and also offer potential benefits for international development.

  13. Sugar rush: Prospects for a global ethanol market

    International Nuclear Information System (INIS)

    Hira, Anil

    2011-01-01

    In 2005, the major economies of the world, including the G8 and 5 developing nations (Mexico, India, Brazil, China, and South Africa), along with the United Nations, the International Energy Agency, and the European Union launched the Global Bioenergy Partnership to discuss ways to promote the sustained use and production of biofuels around the globe, reflecting growing concerns for finding economically viable substitutes for petroleum. This paper examines whether and if a vibrant global market in biofuels based on sugarcane-based ethanol is economically feasible. The paper finds that while there is already international trading in biofuels, it is highly limited compared with its potential. In the current climate of accelerating fossil fuel prices, biofuels represent an increasingly attractive displacement for some of our fossil fuel addiction. Not only do they substitute for petrol, but they also produce lower emissions. The paper finds that sugarcane ethanol could make an important contribution to substituting for a portion of petroleum and also offer potential benefits for international development.

  14. An exploratory study of services marketing in global markets: major areas of inquiry for the health care services industry.

    Science.gov (United States)

    Young, S; Erdem, S A

    1996-01-01

    It has been stated that one of the major challenges for the international marketer is the design of an efficient strategy for marketing services to international markets. This paper reviews some of the issues associated with services marketing in global markets along with the basic variables of service industries. An exploratory assessment of the health care services industry results in a list composed of several inquiry areas which should be examined by multinational companies. It is hoped that the review of the issues raised in this paper provides a basis for decision making and further research.

  15. A global network topology of stock markets: Transmitters and receivers of spillover effects

    Science.gov (United States)

    Shahzad, Syed Jawad Hussain; Hernandez, Jose Areola; Rehman, Mobeen Ur; Al-Yahyaee, Khamis Hamed; Zakaria, Muhammad

    2018-02-01

    This paper applies a bivariate cross-quantilogram approach to examine the spillover network structure in the stock markets of 58 countries according to bearish, normal and bullish market scenarios. Our aim is to identify the strongest interdependencies, the directionality of the spillover risk effects, and to detect those equity markets with the potential to cause global systemic risk. The results highlight the role of the US and Canadian equity markets as major spillover transmitters, while the stock markets of Romania, Taiwan and Mexico act mainly as spillover receivers. Particularly strong spillovers are observed from the Canadian and US equity markets towards the Irish market, and from the Brazilian equity market towards the Kenyan equivalent. The equity market networks suggest that only the US equity market can trigger systemic risk on a global scale. Implications of the results are discussed.

  16. Global stock market linkages reduce potential for diversification

    OpenAIRE

    Karen K. Lewis

    2012-01-01

    Recent European government debt difficulties demonstrate how linked stock markets have become. Problems in countries such as Greece and Italy have depressed stock markets not only on the continent but also in the United States. Such comovement across international financial markets highlights U.S. equity markets’ exposure to foreign markets.

  17. The world nuclear market and its prospects; Le marche mondial du nucleaire et ses perspectives

    Energy Technology Data Exchange (ETDEWEB)

    Anon.

    2010-07-15

    This market study of the nuclear industry presents: 1 - the dynamics of nuclear markets: organisation of the nuclear industry (fuel cycle, reactors), market analysis and key figures (uranium production, conversion and enrichment, fuel fabrication, reactor manufacturing, spent fuel reprocessing), strengths in presence and competition structure (companies ranking, market shares, positioning); 2 - nuclear renaissance and its basis: a suitable answer to the present day energy and environmental challenges (carbon-free energy and low volatility of fuel price), conjunction of favourable conditions (security of fuel supplies, political support, necessity of plants renewal), three main uncertainties (waste management, safety aspect, public opinion weight); 3 - perspectives of development at the 2030 prospects: data (scope of renaissance, market size), sector reconfiguration scenarios (evolution of competition, reconfiguration paths, concentration trend); 4 - analysis of the strategy of 13 companies, suppliers of the nuclear industry, with their key figures, positioning and strategy (production capacity, partnerships, external growth investments, new technical developments etc.). (J.S.)

  18. Intégrer le coût global dans les projets de construction les composantes du coût global et sa mise en oeuvre

    CERN Document Server

    Seguin, Gérard

    2014-01-01

    Coût global, valeur verte, cycle de vie, qualité globale sont des termes couramment utilisés pour mettre en avant une approche durable du bâtiment, tant au niveau d’une opération de construction, de rénovation, d’aménagement que d’une politique de maintenance ou d’un plan stratégique de patrimoine. Penser en termes de coût global revient à considérer l’économie d’un projet au-delà des coûts immédiats, c'est-à-dire en tenant compte des coûts et bénéfices différés, qu’ils soient proches ou plus lointains dans le temps, directs ou indirects, tangibles ou immatériels. Cette démarche imposée dans les projets donnant lieu à externalisation (PPP, BEH, etc.) mérite d’être généralisée. Ce guide, à travers la définition et le rappel des fondamentaux, l’analyse du coût global et l’illustration par de nombreux exemples aidera les différents acteurs du bâtiment à juger des interactions économiques entre investissement et exploitation d’un ouvrage ou d’un aménag...

  19. International coal trade: the evolution of a global market

    International Nuclear Information System (INIS)

    1998-01-01

    The international coal market has developed over the last 25 years to a mature stable market, largely free of government involvement. It is evident, however, that while the coal market is considered widely to be reliable and mature, there is only limited understanding of the way in which the market operates. Understanding energy market mechanisms is fundamental to encourage confidence in the continuing performance of liberalized markets. This publication seeks to address this need by providing a brief descriptive analysis of the operation of the coal market. The report draws attention to the considerable changes that have been experienced to date in the market, where freely operating market mechanisms have coped well. Further change is on the horizon. Coal demand in Europe is stagnating while growing rapidly in Asia. The once-dominant European market remains the region where price is formed but the Asian market is growing rapidly and becoming more flexible. Increasing competition for market share, low margins, and pressure on utilities to reduce costs as electricity markets are liberalized, will continue to stimulate productivity improvement and may lead to innovations in marketing to cope with stable real prices, high transport, and transaction costs

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

    NARCIS (Netherlands)

    R.E. van der Hoeven (Rolph)

    2010-01-01

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

  1. Global Market Access in the Internet Era: South Africa's Wood Furniture Industry.

    Science.gov (United States)

    Moodley, Sagren

    2002-01-01

    Explores the link between Internet connectivity and access to global markets, and uses the South African wood furniture producers as they are integrated into global value chains and exposed to the demands of more sophisticated markets. Articulates policy recommendations to promote greater diffusion of e-commerce technologies in the wood furniture…

  2. U.S. Government Electronic Data Sources for Global Marketing Decisions: An Evaluation and Classroom Application.

    Science.gov (United States)

    Judd, Vaughan C.; Tims, Betty J.

    2000-01-01

    The U.S. government publishes considerable information applicable to business people interested in global marketing opportunities, much of which is available via the Internet and CD-ROMs. Evaluates the usefulness of four of the government's electronic sources of global marketing information (e.g., the World Fact Book), describing workshops using…

  3. Global nuclear markets in the context of climate change and sustainable development. Chapter 2

    International Nuclear Information System (INIS)

    Morrison, R.

    2001-01-01

    This article (Chapter Two) focuses on the global nuclear markets in the context of policies regarding climate change and sustainable development. The global market realities and the export potential of the canadian nuclear industry are becoming crucial features of the nuclear political economy. The article examines the role of exports in the evolution of nuclear policy in Canada, and looks more closely at nuclear power and CANDU projects in the specific context of global competitive markets. It examines the trends in electricity and nuclear energy in the market for nuclear reactors. Finally, this article locates these changes in the context of the issues that are inherent in climate change and sustainable development

  4. Detrending the realized volatility in the global FX market

    Science.gov (United States)

    Schmidt, Anatoly B.

    2009-05-01

    There has been growing interest in realized volatility (RV) of financial assets that is calculated using intra-day returns. The choice of optimal time grid for these calculations is not trivial and generally requires analysis of RV dependence on the grid spacing (so-called RV signature). Typical RV signatures have a maximum at the finest time grid spacing available, which is attributed to the microstructure effects. This maximum decays into a plateau at lower frequencies, which implies (almost) stationary return variance. We found that the RV signatures in the modern global FX market may have no plateau or even have a maximum at lower frequencies. Simple averaging methods used to address the microstructure effects in equities have no practical effect on the FX RV signatures. We show that local detrending of the high-frequency FX rate samples yields RV signatures with a pronounced plateau. This implies that FX rates can be described with a Brownian motion having non-stationary trend and stationary variance. We point at a role of algorithmic trading as a possible cause of micro-trends in FX rates.

  5. Global Energy Market Trends and Learnings from German's Energiewende

    International Nuclear Information System (INIS)

    Kluesener, P.

    2016-01-01

    COP21 is the cornerstone for the decarbonization of energy markets globally: for the first time a commitment for the reduction of GHG emissions was reached on a global level. Although the national emission reduction contributions (INDC) don't yet fulfill a 2 degree of C path, they mark a big move in mind set for the need of emission reduction to limit climate change. But how can this goal be reached while sustaining energy supply security and affordability of energy. Germany is a pioneer in terms of a radical change of national energy system, but is the German 'Energiewende' a blue-line print for energy transition in general? Germany has made big progress in the installation of renewables esp. Wind and Solar PV. Installed capacity for Wind and Solar power reached more than 80 GW in 2015, but new installations esp. for Solar PV have significantly slowed down in the recent past after some years of record installation of 7-8 GW per year in 2010-2012. With the growing share of fluctuating renewables such and wind and solar PV the system integration became an issue. There are huge differences in Wind and Solar PV installations between the North and South of Germany. Peaks in power generation either from Wind or Solar can't be operated within the regions anymore. While the transmission line from North to South are missing and construction is substantially delayed, the temporary regional oversupply is managed more or less by power flows into neighbouring countries. Beside the technical aspects there are also economic issues. Despite significant cost reduction for renewables the EEG levy is continuously growing. Due to the regional imbalances the efforts for redispatch of conventional power plants are increasing and thereby the cost for system balance. The share of levies and taxes on retail electricity prices is above 50 percent since some years. So far the policy failed to limit the increase of retail electricity prices but affordability of energy became a greater

  6. What about coal? Interactions between climate policies and the global steam coal market until 2030

    International Nuclear Information System (INIS)

    Haftendorn, C.; Kemfert, C.; Holz, F.

    2012-01-01

    Because of economic growth and a strong increase in global energy demand the demand for fossil fuels and therefore also greenhouse gas emissions are increasing, although climate policy should lead to the opposite effect. The coal market is of special relevance as coal is available in many countries and often the first choice to meet energy demand. In this paper we assess possible interactions between climate policies and the global steam coal market. Possible market adjustments between demand regions through market effects are investigated with a numerical model of the global steam coal market: the “COALMOD-World” model. This equilibrium model computes future trade flows, infrastructure investments and prices until 2030. We investigate three specific designs of climate policy: a unilateral European climate policy, an Indonesian export-limiting policy and a fast-roll out of carbon capture and storage (CCS) in the broader context of climate policy and market constraints. We find that market adjustment effects in the coal market can have significant positive and negative impacts on the effectiveness of climate policies. - Highlights: ► Interactions between climate policy and the global coal market until 2030 modeled. ► Analysis with the numerical model: “COALMOD-World”. ► Unilateral European climate policy partly compensated by market adjustment effects. ► A fast roll-out of CCS can lead to positive market adjustment effects. ► An export restricting supply-side policy generates virtuous market adjustments.

  7. The photovoltaic: channels, markets and outlooks; Le photovoltaique: les filieres, les marches, les perspectives

    Energy Technology Data Exchange (ETDEWEB)

    Jourde, P. [CEA Cadarache (GENEC), 13 - Saint-Paul-lez-Durance (France)

    2005-07-01

    The photovoltaic market is in expansion with a good energy, political and environmental context. It needs meanwhile to realize developments in the storage domain and in the cost of connexion to the network. To illustrate these conclusions this paper discusses the following chapters: the solar energy, the principle and the channels of the photovoltaic, the applications (autonomous electrification and houses connected to the network) and the markets, a state of the art and the outlooks. (A.L.B.)

  8. Investing in Global Markets: Big Data and Applications of Robust Regression

    Directory of Open Access Journals (Sweden)

    John eGuerard

    2016-02-01

    Full Text Available In this analysis of the risk and return of stocks in global markets, we apply several applications of robust regression techniques in producing stock selection models and several optimization techniques in portfolio construction in global stock universes. We find that (1 the robust regression applications are appropriate for modeling stock returns in global markets; and (2 mean-variance techniques continue to produce portfolios capable of generating excess returns above transaction costs and statistically significant asset selection. We estimate expected return models in a global equity markets using a given stock selection model and generate statistically significant active returns from various portfolio construction techniques.

  9. Panorama 2015 - The global market for compact cars

    International Nuclear Information System (INIS)

    Vinot, Simon; Ivanic, Tanja

    2014-12-01

    The search for fuel-saving solutions has led to a trend for acquiring smaller and lighter cars. Small compact cars, whether powered by internal combustion or electric engines, have gained and are continuing to gain market share, in both mature automobile markets such as Europe or Japan and emerging markets such as India. (authors)

  10. 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.

  11. Secondary Market Products in the Mortgage System and Global Practices

    Directory of Open Access Journals (Sweden)

    Erhan Eroğlu

    2010-12-01

    Full Text Available In general terms, the mortgage market has two faces, the primary and the secondary markets. The primary market covers housing mortgage loans. On the other side of the mechanism, these loans are securitized and issued in financial markets with different form of securities in secondary markets. The common name of these instruments is “mortgage backed securities - MBS”. A mortgage backed security is a financial instrument issued in capital markets for investors, derived from either backed by the cash flow of the housing loan repayments (which is called pay-through or backed by directly selling the mortgage pools to the MBS issuers (which is called passthrough. The most trading secondary mortgage market instruments and world practices are explained in this article.

  12. TOURISM MARKETING - KEY CONCEPT OF TOURISM IN A WORLD OF GLOBALIZATION

    OpenAIRE

    STOICA Ana-Maria; CRETOIU Raluca Ionela

    2012-01-01

    The latest trends in tourism emphasize the power of the globalized tourist-consumer, in the context of mondialisation of the market and of the diversity of tourism services, the tourism organizations must answer to a range of different tourism motivations meant to meet the needs and wishes of the tourism consumers over the period they travel for. Tourism marketing is a result of globalization, since, just like the globalization process, it creates links between the states of the world, the au...

  13. From Brand Management to Global Business Management in Market-Driven Companies

    OpenAIRE

    Emilio Zito

    2009-01-01

    Over the past several years, the most competitive mass-market companies (automobile, high-tech, consumer and retail, etc.) have been experiencing a new strategic approach around the concept of Market-Driven strategy, as opposed to a pure marketing-focused approach known as Customer-Driven strategy. A fast-moving, mass-market global company would likely have a precise performance measurement system in place with broad performance indicators based on: project economics, ratios analysis (ROI, in...

  14. Gas market is today strategical; Le marche du gaz est aujourd'hui strategique

    Energy Technology Data Exchange (ETDEWEB)

    Darricarrere, Y.L. [Total, 92 - Courbevoie (France)

    2006-07-01

    The energy market, and in particular the gas market, is today seething with excitement. In France, in Europe and in the rest of the world, the energy stakes are in the center of preoccupations. This article is an interview of Y.L. Darricarrere, general director of the gas and electricity division of Total group, who explains his opinions about the opening of European and French energy markets, presents the ambitions of Total group on these markets, and comments some recent events of the European energy scene: concentration between gas and electric utilities, the Suez and Gaz de France (GdF) project of merger, the risks linked with the coming in of national companies from producing countries, like Gazprom and Sonatrach, on the European market, the restriction of access of foreign companies to hydrocarbon reserves in Russia and Latin America (come back of the 'energy nationalism'), Total's policy for anticipating the increase of the world energy demand and the depletion of fossil fuel reserves. (J.S.)

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

    Directory of Open Access Journals (Sweden)

    Olha Pryhara

    2006-03-01

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

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

    OpenAIRE

    Serghei M RGULESCU; Elena M RGULESCU

    2009-01-01

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

  17. Automobile industry and globalization in Asian market; Asia ni okeru jidosha sangyo to globalization

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-01-01

    Asian countries are now attracting attention of automobile manufacturers of the world for their capabilities of buying, producing, and assembling of automobiles, and producing and supplying of parts, which means that the Asian market is now exposed to globalization. As for the automobile and part manufacturers of Japan, in the presence of economic depression lingering in Asia affecting motorization and rapid changes in the circumstances Japan`s automobile industry finds itself under, are pressed to work out new strategies as a member of the Asian community. A panel discussion of the same name as the subject held in 1997 won favor as a fine initiative to suitably cope with the difficult situation. Useful suggestions and proposals were made concerning the panel discussion, calling the event a new type of round-table talks well responding to the rapid changes in the world economy since 1997, by learned and experienced people, the government offices concerned, staffers of manufacturers in charge of overseas marketing, and international information analysts. They related to the current state and tasks of automobile manufacturing in Asia, trends of regulations and standardization, rolls of technical assistance and the Society of Automotive Engineers of Japan, Ltd., expressed from a wide angle covering various problems relative to environmental protection, safety, etc. (NEDO)

  18. Competition and wage effects in the global online market for microwork and services outsourcing

    NARCIS (Netherlands)

    Beerepoot, N.; Lambregts, B.; Nicholson, B.; Babin, R.; Lacity, M.C.

    2016-01-01

    A new form of service outsourcing has emerged, namely the global online job marketplace for freelance contractors. Such platforms are currently the closest proxy to the idea of a global labor market. In this chapter, we examine how competition manifests itself on one such global online platform,

  19. 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.

  20. The European market of renewable energies; Le marche europeen des energies renouvelables

    Energy Technology Data Exchange (ETDEWEB)

    Anon.

    2011-09-15

    This market study on renewable energies presents: 1 - the different renewable energy industries for power generation: the field of renewable energies (hydropower, wind power, solar energy, geothermal energy and biomass power plants) and their common points, their characteristics, advantages and constraints; 2 - the political and regulatory context with its ambitious goals: main steps of worldwide negotiations, Europe and the management of CO{sub 2} emissions, stiffening of the environmental regulation, the energy/climate package and the efforts to be borne by the different member states; 3 - Economy of the sector and the necessary public support: investment and production costs by industry, wholesale prices and competitiveness of the different power generation means, government's incentives for projects profitability; 4 - dynamics of the European market of renewable energies: energy-mix and evolution of the renewable energies contribution in the world and in the European Union, key-figures by country and by industry (installed capacity, production, turnover, employment); 5 - medium-term development perspectives: 2020 prospect scenarios, evolution of the energy mix, perspectives of development for each industry; 6 - the strengths in presence in the domain of facilities: main manufacturers, market shares, innovations, vertical integration, external growth; 7 - the strengths in presence in the domain of power facilities operation: main European operators, position and ranking, installed capacities, projects portfolio; 8 - medium-term perspectives of reconfiguration: best-positioned operators in a developing market, future of European manufacturers with respect to Asian ones, inevitable concentration in the operation sector. (J.S.)

  1. Time-varying correlations in global real estate markets: A multivariate GARCH with spatial effects approach

    Science.gov (United States)

    Gu, Huaying; Liu, Zhixue; Weng, Yingliang

    2017-04-01

    The present study applies the multivariate generalized autoregressive conditional heteroscedasticity (MGARCH) with spatial effects approach for the analysis of the time-varying conditional correlations and contagion effects among global real estate markets. A distinguishing feature of the proposed model is that it can simultaneously capture the spatial interactions and the dynamic conditional correlations compared with the traditional MGARCH models. Results reveal that the estimated dynamic conditional correlations have exhibited significant increases during the global financial crisis from 2007 to 2009, thereby suggesting contagion effects among global real estate markets. The analysis further indicates that the returns of the regional real estate markets that are in close geographic and economic proximities exhibit strong co-movement. In addition, evidence of significantly positive leverage effects in global real estate markets is also determined. The findings have significant implications on global portfolio diversification opportunities and risk management practices.

  2. Global Trends and Development Prospects for Oil and the Oil Products Market

    Directory of Open Access Journals (Sweden)

    Maria Dorozhkina

    2006-03-01

    Full Text Available This article discusses the important issue of the development of the global market of oil and oil products. It offers an overview of how this market was formed and its current status, classification, location and potential of countries in the oil and oil processing business. It analyzes the Ukrainian oil products market. The article discusses the shortcomings and strategic areas for the development of Ukraine’s oil transport system. It presents an optimum method for creating integration groups in order to develop the oil processing business in Ukraine for the future. The article considers the main trends and outlines development prospects for the global oil and oil products market.

  3. Exploitation of Free Markets and Globalization to Finance Terrorists

    Science.gov (United States)

    2008-09-01

    is their capability to exploit the black market peso exchange or the international foreign exchange arbitrage . Under the scenario of a weak U.S...appears legitimate. By using intermediaries or legitimate businesses, the financial markets are wide open for terrorists to hedge funds and

  4. Evolution of FX Markets via Globalization of Capital

    Science.gov (United States)

    McCauley, Joseph L.

    This paper is about money, and why today's foreign exchange (FX) markets are unstable. According to the literature [1], FX markets were fundamentally different before and after WW I. Any attempt to discuss this topic within standard economic theory necessarily fails because money/liquidity/uncertainty is completely excluded from that theory [2]. Fortunately, our market dynamics models adequately serve our purpose. Eichengreen [1] has presented a stimulating history of the evolution of FX markets from the gold standard of the late nineteenth century through the Bretton Woods Agreement (post WWII-1971) and later the floating currencies of our present market deregulation era (1971-present). He asserts a change from stability to instability over the time interval of WWI. Making his argument precise, we describe how speculators could have made money systematically from a market in statistical equilibrium. The present era normal liquid FX markets are in contrast very hard, to a first approximation impossible, to beat, and consequently are described as `martingales'. The ideas of martingales and options/hedging were irrelevant in the pre-WWI era. I end my historical discussion with the empirical evidence for the stochastic model that describes FX market dynamics quantitatively accurately during the last 7-17 years [3].

  5. Global Distribution of Businesses Marketing Stem Cell-Based Interventions.

    Science.gov (United States)

    Berger, Israel; Ahmad, Amina; Bansal, Akhil; Kapoor, Tanvir; Sipp, Douglas; Rasko, John E J

    2016-08-04

    A structured search reveals that online marketing of stem-cell-based interventions is skewed toward developed economies including the United States, Ireland, Australia, and Germany. Websites made broad, imprecise therapeutic claims and frequently failed to detail procedures. Widespread marketing poses challenges to regulators, bioethicists, and those seeking realistic hope from therapies. Copyright © 2016 Elsevier Inc. All rights reserved.

  6. Nuclear and global warming issues at a deregulated electricity market

    International Nuclear Information System (INIS)

    Mesarovic, M.

    2001-01-01

    The present challenge is to develop such an energy mix that best supports industrial and societal development and improves the quality of life, while simultaneously minimizing health and environmental impacts. Although two decades ago nuclear was considered to be the energy of the future, it is often overlooked in this context and is now even being questioned in many parts of the world. But, for a world facing increased energy demand and growing concerns about global warming due to the emissions of the 'greenhouse' gasses from burning fossil fuels, nuclear power may become the first priority again, since the nuclear power plants proved to be a reliable and safe source of electricity that produce no greenhouse or acid rain gases, and have already demonstrated their economic competitiveness with alternative generating sources of electrical energy. The competitiveness of nuclear power depends essentially on capital investments which must remain low enough to secure its competitive position. However, nuclear electricity in most countries is less competitive than coal and gas, particularly so after deregulation and liberalization of electricity markets have taken place. In the European Union (EU) there are at present 151 reactor blocks and 68 more in the rest of the European continent. Nuclear power plants in EU currently generate about 35% of electricity, but with the new competitive markets, a major decline in the use of coal is compensated for by an increase in gas because of its lower carbon content, and thus almost all new power stations fully or partially use gas as fuel. However, nuclear power is expected to remain a necessary component of the EU's energy mix for the next 20 years and beyond, and in Central and Eastern Europe it is continuing its growth. While Hungary recently gave up plans to construct two more blocks in its 'Pacs' plant, the Czech government agreed to continue construction of two blocks at its 'Temelin' plant. In Rumania, the second unit of

  7. Applicability of Markets to Global Scheduling in Grids: Critical Examination of General Equilibrium Theory and Market Folklore

    Science.gov (United States)

    Nakai, Junko; VanDerWijngaart, Rob F.

    2003-01-01

    Markets are often considered superior to other global scheduling mechanisms for distributed computing systems. This claim is supported by: a casual observation from our every-day life that markets successfully equilibrate supply and demand, and the features of markets which originate in the general equilibrium theory, e.g., efficiency and the lack of necessity of 2 central controller. This paper describes why such beliefs in markets are not warranted. It does so by examining the general equilibrium theory, in terms of scope, abstraction, and interpretation. Not only does the general equilibrium theory fail to provide a satisfactory explanation of actual economies, including a computing-resource economy, it also falls short of supplying theoretical foundations for commonly held views of market desirability. This paper also points out that the argument for the desirability of markets involves circular reasoning and that the desirability can be established only vis-a-vis a scheduling goal. Finally, recasting the conclusion of Arrow's Impossibility Theorem as that for global scheduling, we conclude that there exists no market-based scheduler that is rational (in the sense defined in microeconomic theory), takes into account utility of more than one user, and yet yields a Pareto-optimal outcome for arbitrary user utility functions.

  8. Trade networks evolution under the conditions of stock market globalization

    Directory of Open Access Journals (Sweden)

    Kopylova Olga Volodymyrivna

    2016-12-01

    Full Text Available The modern perception of the stock market in terms of information technologies rapid development and under the institutionalists influence has been significantly modified and becomes multifaceted. It was detected that the main function of the market is activated, information asymmetry is minimized and more advanced financial architecture space is formed through trade networks. Formation of the modern trade networks has started on the basis of the old infrastructure, that had the highest tendency to self-organization and adaptation. The proposed architecture of trade networks of the stock market has a very clear vector of subordination – from top to bottom and has a number of positive points.

  9. The Global Petrochemical Industry: the market. Market Analysis - 2017-2023 Trends - Corporate Strategies

    International Nuclear Information System (INIS)

    2017-02-01

    This study presents: The medium-term and mega trends of the industry market developments and geographical segments; The competitive landscape and the main corporate rankings; The main conclusions of the report, summarised in 10 analytical slides. Content: 1. Market Fundamentals: Overview, The Industry; 2. Market Environment and Prospects: Market Environment, Demand, Supply, Trade; 3. Corporate Strategies and Competition: Competitive Environment, Structure of Competition, Business Strategies; 4. Case Studies; 5. Statistical Appendix; 6. Sources; 7. Annexes

  10. The Global Oil and Gas Industry: the Market. Market Analysis - 2017-2020 Trends - Corporate Strategies

    International Nuclear Information System (INIS)

    2017-07-01

    This study presents: The medium-term and mega trends of the industry market developments and geographical segments; The competitive landscape and the main corporate rankings; The main conclusions of the report, summarised in 10 analytical slides. Content: 1. Market Fundamentals: Overview The Industry; 2. Market Environment and Prospects: Market Overview, Supply, Demand, Prices, Trade; 3. Corporate Strategies and Competition: Competitive Environment, Leaders' Recent Performances, Corporate Strategies; 4. Case Studies; 5. Statistical Appendix; 6. Sources; 7. Annexes

  11. The Global Renewable Energy Equipment Industry: the Market. Market Analysis - 2017-2035 Trends - Corporate Strategies

    International Nuclear Information System (INIS)

    2017-08-01

    This study presents: The medium-term and mega trends of the industry market developments and geographical segments; The competitive landscape and the main corporate rankings; The main conclusions of the report, summarised in 10 analytical slides. Content: 1. Market Fundamentals: Overview, The Industry; 2. Market Environment and Prospects: Market Overview, Demand, Supply; 3. Corporate Strategies and Competition: Competitive Forces, Structure of Competition, Corporate Strategies; 4. Case Studies; 5. Statistical Appendix; 6. Sources; 7. Annexes

  12. The effect of global oil price shocks on China's metal markets

    International Nuclear Information System (INIS)

    Zhang, Chuanguo; Tu, Xiaohua

    2016-01-01

    This paper investigated the impacts of global oil price shocks on the whole metal market and two typical metal markets: copper and aluminum. We applied the autoregressive conditional jump intensity (ARJI) model, combining with the generalized conditional heteroscedasticity (GRACH) method, to describe the volatility process and jump behavior in the global oil market. We separated the oil price shocks into positive and negative parts, to analyze whether oil price volatility had symmetric impacts on China’s metal markets. We further used the likelihood ratio test to examine the symmetric effect of oil price shocks. In addition, we considered the jump behavior in oil prices as an input factor to investigate how China’s metal markets are affected when jumps occur in the global oil market, in contrast to the existing research paying little attention to this issue. Our results indicate that crude oil price shocks have significant impacts on China's metal markets and the impacts are symmetric. When compared with aluminum, copper is more easily affected by oil price shocks. - Highlights: • We investigated the effect of oil price shocks on China’s metal markets. • The oil price shocks had significant impacts on China's metal markets • The oil price shocks on China's metal markets were symmetric. • Copper is more easily affected by oil price shocks than aluminum.

  13. Intervening in global markets to improve access to HIV/AIDS treatment: an analysis of international policies and the dynamics of global antiretroviral medicines markets

    Directory of Open Access Journals (Sweden)

    Hochstadt Jenny

    2010-05-01

    Full Text Available Abstract Background Universal access to antiretroviral therapy (ART in low- and middle-income countries faces numerous challenges: increasing numbers of people needing ART, new guidelines recommending more expensive antiretroviral (ARV medicines, limited financing, and few fixed-dose combination (FDC products. Global initiatives aim to promote efficient global ARV markets, yet little is known about market dynamics and the impact of global policy interventions. Methods We utilize several data sources, including 12,958 donor-funded, adult first-line ARV purchase transactions, to describe the market from 2002-2008. We examine relationships between market trends and: World Health Organization (WHO HIV/AIDS treatment guidelines; WHO Prequalification Programme (WHO Prequal and United States (US Food and Drug Administration (FDA approvals; and procurement policies of the Global Fund to Fight AIDS, Tuberculosis, and Malaria (GFATM, US President's Emergency Plan for AIDS Relief (PEPFAR and UNITAID. Results WHO recommended 7, 4, 24, and 6 first-line regimens in 2002, 2003, 2006 and 2009 guidelines, respectively. 2009 guidelines replaced a stavudine-based regimen ($88/person/year with more expensive zidovudine- ($154-260/person/year or tenofovir-based ($244-465/person/year regimens. Purchase volumes for ARVs newly-recommended in 2006 (emtricitabine, tenofovir increased >15-fold from 2006 to 2008. Twenty-four generic FDCs were quality-approved for older regimens but only four for newer regimens. Generic FDCs were available to GFATM recipients in 2004 but to PEPFAR recipients only after FDA approval in 2006. Price trends for single-component generic medicines mirrored generic FDC prices. Two large-scale purchasers, PEPFAR and UNITAID, together accounted for 53%, 84%, and 77% of market volume for abacavir, emtricitabine, and tenofovir, respectively, in 2008. PEPFAR and UNITAID purchases were often split across two manufacturers. Conclusions Global initiatives

  14. Intervening in global markets to improve access to HIV/AIDS treatment: an analysis of international policies and the dynamics of global antiretroviral medicines markets.

    Science.gov (United States)

    Waning, Brenda; Kyle, Margaret; Diedrichsen, Ellen; Soucy, Lyne; Hochstadt, Jenny; Bärnighausen, Till; Moon, Suerie

    2010-05-25

    Universal access to antiretroviral therapy (ART) in low- and middle-income countries faces numerous challenges: increasing numbers of people needing ART, new guidelines recommending more expensive antiretroviral (ARV) medicines, limited financing, and few fixed-dose combination (FDC) products. Global initiatives aim to promote efficient global ARV markets, yet little is known about market dynamics and the impact of global policy interventions. We utilize several data sources, including 12,958 donor-funded, adult first-line ARV purchase transactions, to describe the market from 2002-2008. We examine relationships between market trends and: World Health Organization (WHO) HIV/AIDS treatment guidelines; WHO Prequalification Programme (WHO Prequal) and United States (US) Food and Drug Administration (FDA) approvals; and procurement policies of the Global Fund to Fight AIDS, Tuberculosis, and Malaria (GFATM), US President's Emergency Plan for AIDS Relief (PEPFAR) and UNITAID. WHO recommended 7, 4, 24, and 6 first-line regimens in 2002, 2003, 2006 and 2009 guidelines, respectively. 2009 guidelines replaced a stavudine-based regimen ($88/person/year) with more expensive zidovudine- ($154-260/person/year) or tenofovir-based ($244-465/person/year) regimens. Purchase volumes for ARVs newly-recommended in 2006 (emtricitabine, tenofovir) increased >15-fold from 2006 to 2008. Twenty-four generic FDCs were quality-approved for older regimens but only four for newer regimens. Generic FDCs were available to GFATM recipients in 2004 but to PEPFAR recipients only after FDA approval in 2006. Price trends for single-component generic medicines mirrored generic FDC prices. Two large-scale purchasers, PEPFAR and UNITAID, together accounted for 53%, 84%, and 77% of market volume for abacavir, emtricitabine, and tenofovir, respectively, in 2008. PEPFAR and UNITAID purchases were often split across two manufacturers. Global initiatives facilitated the creation of fairly efficient markets

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

    CSIR Research Space (South Africa)

    Phahlamohlaka, Jackie

    2016-08-01

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

  16. Why Have Labour Markets Reacted to the Global Crisis in Different Ways?

    Directory of Open Access Journals (Sweden)

    Kwiatkowski Eugeniusz

    2016-12-01

    Full Text Available This paper aims to identify the effects of the global crisis on employment and unemployment in the EU countries and indicate factors which may explain the differentiated response of labour markets to this crisis.

  17. Features of competition and development of markets in an age of globalized economy

    Directory of Open Access Journals (Sweden)

    Dr.Sc. Skender Kërçuku

    2011-12-01

    Full Text Available The fall of communism in Eastern Europe in the beginning of the 90-ies of the 20th century marked the beginning of a historical process of triumph of market economy in a wide geographical area and a large population, which had to have an influence on global developments. This age is characterized not only by a comprehensive ruling of capitalist market economy, but also by a series of important structural changes in economies of various countries, national and international mechanisms of market functioning, and relevant institutions thereto. Distinct authors have various opinions on characteristics and positive and negative outcomes of a globalized economy era. Some consider the globalization of world economy as a quantitative and qualitative expansion of market economy throughout the world, similar to the situation before the World War I. Other more serious authors consider the globalization of world economy as a new qualitative era, with important consequences on many areas.

  18. An Analysis of American Animated Movies Marketing Strategies on the Angle of Globalization

    Institute of Scientific and Technical Information of China (English)

    康静丹

    2016-01-01

    In a global age, the American animated film in⁃dustry that features a solid industrial foundation with the mature operational mechanism and takes a large share of global market. The thesis is going to illustrate the operational system and pat⁃terns of American animated film industry on the basis of the sta⁃tus quo of American cartoon movie market, to be a reference to the further development of Chinese cartoon movie industry.

  19. The Role of Multicultural Marketing on Malay Consumers Perceptions towards Global vs. Local Ethnic Food Brands

    OpenAIRE

    Umair, Sana

    2013-01-01

    This dissertation combines two different elements of interest in International Marketing Research. The objective of this research is the comparison of global versus local brand within the context of ethnic marketing in the multicultural society of Malaysia. The product instant noodle in the category of ethnic food was chosen in the variant of Asam Laksa as the target sample focused specifically on Malay consumers. Comparison was done between Maggi (global) and Mamee (local). The sample compri...

  20. Alternative Approaches for Educating Future Global Marketing Professionals: A Comparison of Foreign Study and Research-Intensive Marketing Programs

    Science.gov (United States)

    Kaufman, Peter A.; Melton, Horace L.; Varner, Iris I.; Hoelscher, Mark; Schmidt, Klaus; Spaulding, Aslihan D.

    2011-01-01

    Using an experiential learning model as a conceptual background, this article discusses characteristics and learning objectives for well-known foreign study programs such as study tours, study abroad, and internships and compares them with a less common overseas program called the "Global Marketing Program" (GMP). GMP involves…

  1. Globalization of authorship in the marketing discipline: Does it help or hinder the field?

    NARCIS (Netherlands)

    S. Stremersch (Stefan); P.C. Verhoef (Peter)

    2005-01-01

    textabstractMarketing scholars have reflected upon the marketing discipline's internal evolution before. However, no prior study has assessed the globalization of authorship in our discipline, let alone assessed its consequences for the field. This paper addresses the following two questions: (1) Is

  2. Globalization of authorship in the marketing discipline : Does it help or hinder the field?

    NARCIS (Netherlands)

    Stremersch, S; Verhoef, PC

    2005-01-01

    Marketing scholars have reflected upon the marketing discipline's internal evolution before. However, no prior study has assessed the globalization of authorship in our discipline, let alone assessed its consequences for the field. This paper addresses the following two questions: (1) Is there

  3. 77 FR 37804 - Rules for Investigations Relating to Global and Bilateral Safeguard Actions, Market Disruption...

    Science.gov (United States)

    2012-06-25

    ... Bilateral Safeguard Actions, Market Disruption, Trade Diversion, and Review of Relief Actions AGENCY: United... disruption, trade diversion, and review of relief actions (part 206 of its Rules). The final rule principally...--INVESTIGATIONS RELATING TO GLOBAL AND BILATERAL SAFEGUARG ACTIONS, MARKET DISRUPTION, TRADE DIVERSION, AND REVIEW...

  4. Exploring E-marketing Opportunities for Exporting Education Services : Case HAAGA-HELIA Global Education Services

    OpenAIRE

    Gómez , Julio

    2013-01-01

    This Bachelor’s thesis examines online marketing opportunities for exporting education programs and education consulting services from Finland and internationally. The objective of the study is to determine how is the current B2B environment in e-marketing communications. The purpose of this research is to provide useful information on e-marketing strategies that would benefit HAAGA-HELIA Global Education Services (HAAGA-HELIA GES). This study consists of a theoretical section tha...

  5. Ethical And Social Responsibility In Global Marketing: An Evaluation Of Corporate Commitment To Stakeholders

    OpenAIRE

    Ephraim Okoro

    2012-01-01

    Over the past few years, globalization of markets and business organizations has increased the number of entrepreneurs and corporate executives involved in international and multinational joint ventures and strategic alliances. Others are interested in direct investments in foreign markets in an attempt to extend domestic operations, increase profit margins, and expand market shares. While these strategic business initiatives and efforts are increasingly attractive because of their potential ...

  6. Volatility in financial markets: The impact of the global financial crisis

    OpenAIRE

    Valls Ruiz, Natàlia

    2014-01-01

    This dissertation focuses on volatility in financial markets, with a special concern for: (i) volatility transmission between different financial markets and asset categories and, (ii) the effect of macroeconomic announcements on the returns, volatility and correlation of stock markets. These issues are analysed taking into account the phenomenon of asymmetric volatility and incorporating the period of financial turmoil caused by the Global Financial Crisis. The study focuses the attention on...

  7. Financial Integration of European Money Market: from EMU to the Global Crisis and Beyond

    OpenAIRE

    Avadanei Andreea; Avadanei Anamaria; Ghiba Nicolae

    2010-01-01

    The scope of this article is to illustrate the general issues relevant for understanding the implications of the global crisis on European money market integration. We structured our paper on chapters that present the evolution of the considered market from the launch of euro until the financial turmoil, its main features in the actual context, and the central banks response to the rising tensions on the money market. Given its function of channeling funds to enable banks to cover their most ...

  8. Trends in the market of poultry production in the conditions of globalization

    Directory of Open Access Journals (Sweden)

    Kyryliuk O.F.

    2017-12-01

    Full Text Available according to the author, in modern conditions of globalization of food markets, the researching the state of the domestic market of poultry products in order to provide the population with high-grade food products is important. It is established that the formation of demand in the poultry market is mainly due to production by domestic producers, while imports for the period under review are being reduced and meet mainly the needs of processing industry enterprises.

  9. Global climate change impacts on forests and markets

    Science.gov (United States)

    Xiaohui Tian; Brent Sohngen; John B Kim; Sara Ohrel; Jefferson Cole

    2016-01-01

    This paper develops an economic analysis of climate change impacts in the global forest sector. It illustrates how potential future climate change impacts can be integrated into a dynamic forestry economics model using data from a global dynamic vegetation model, theMC2model. The results suggest that climate change will cause forest outputs (such as timber) to increase...

  10. Radiopharmaceutical: options to marketing authorization; Le medicament radiopharmaceutique: les alternatives a l'AMM

    Energy Technology Data Exchange (ETDEWEB)

    Guilloteau, D.; Valat, Ch. [Centre Hospitalier Regional Universitaire, Service Medecine Nucleaire In Vitro, INSERM U 619, 37 - Tours (France); Verbruggen, A. [University Hospital Gasthuisberg, Lab. of Radiopharmaceutical Chemistry, Leuven (Belgium)

    2005-04-15

    In France, since the law 92-1279 (December 1992) the tracer used in nuclear medicine are considered as medicines, and all the regulations applicable to general medicines have to be followed for radiopharmaceuticals. The best situation in order to use radiopharmaceutical in nuclear medicine center is to use a tracer with a marketing authorization. However due to the very high cost to obtain this authorization, many tracers validated by scientific community will never been sold by pharmaceutical companies. However in respect with legal rules, it is possible to prepare these tracers in the hospital radiopharmacy, under the responsibility of the radio-pharmacist. We discuss here these different possibilities (magistral preparation...) and the conditions for these preparations. (author)

  11. Are the global REIT markets efficient by a new approach?

    Directory of Open Access Journals (Sweden)

    Fang Hao

    2013-01-01

    Full Text Available This study uses a panel KSS test by Nuri Ucar and Tolga Omay (2009, with a Fourier function based on the sequential panel selection method (SPSM procedure proposed by Georgios Chortareas and George Kapetanios (2009 to test the efficiency of REIT markets in 16 countries from 28 March 2008 to 27 June 2011. A Fourier approximation often captures the behavior of an unknown break, and testing for a unit root increases its power to do so. Moreover, SPSM can determine the mix of I(0 and I(1 series in a panel setting to clarify how many and which are random walk processes. Our empirical results demonstrate that REIT markets are efficient in all sampled countries except the UK. Our results imply that investors in countries with efficient REIT markets can adopt more passive portfolio strategies.

  12. Global Wine Markets, 1961 to 2009: A statistical compendium

    OpenAIRE

    Anderson, Kym; Nelgen, Signe

    2011-01-01

    Until very recently, most grape-based wine was consumed close to where it was produced, and mostly that was in Europe. Barely one-tenth of the world’s wine production was exported prior to the 1970s, even counting intra-European trade. The latest wave of globalization has changed that forever. Now more than one-third of all wine consumed globally is produced in another country, and Europe’s dominance of global wine trade has been greatly diminished by the surge of exports from ‘New World’ pro...

  13. Modeling variation in global consumer’ participation behaviour intentions using an institutional market index

    NARCIS (Netherlands)

    Schumann, J.H.; Nijssen, E.J.; Lentz, P.

    2014-01-01

    Purpose Enhancing customer participation behaviour (CPB) is critical for service firms. However, in a global context, cultural and local market factors are relevant. This study details how and why global service firms can and should account for such factors. Prior research relied on cultural value

  14. Globalization and Institutional Change : Are Emerging Market Economies in Europe and Asia Converging?

    NARCIS (Netherlands)

    Hoen, Herman W.

    2014-01-01

    It is often stated that globalization leads to a smaller world by institutional convergence. Politico-economic orders become alike across the world. The article analyzes institutional change triggered by the global financial crisis of 2008/2009 and compares developments in emerging markets in Europe

  15. Alternative Food in the Global South: Reflections on a Direct Marketing Initiative in Kenya

    Science.gov (United States)

    Freidberg, Susanne; Goldstein, Lissa

    2011-01-01

    Amidst booming scholarship on alternative food networks (AFNs) in the global North, research on AFN in the global South remains scarce. Partly this is because explicitly alternative initiatives are themselves scarce, except for those focused on export markets. Yet in countries such as Kenya, urban consumers and rural smallholders have good reason…

  16. IBM announces global Grid computing solutions for banking, financial markets

    CERN Multimedia

    2003-01-01

    "IBM has announced a series of Grid projects around the world as part of its Grid computing program. They include IBM new Grid-based product offerings with business intelligence software provider SAS and other partners that address the computer-intensive needs of the banking and financial markets industry (1 page)."

  17. Google and global market search: information signals and knowledge indices

    NARCIS (Netherlands)

    Millar-Schijf, Carla C.J.M.; Choi, Chong-Ju; Millar, Hartley

    2008-01-01

    With perfect information an economically rational market is expected. In the ICT age the introduction of a shopping/price comparison facility (Froogle) by a company with a search reputation as pre-eminent as Google leads to the expectation that it will allow comparison of products in terms not only

  18. Evaluation of Effect of Global Economic Meltdown on Capital Market Performance

    Directory of Open Access Journals (Sweden)

    ONAOLAPO ADEKUNLE RAHMAN

    2013-07-01

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

  19. QUANTITATIVE MEASUREMENT AND ASSESSMENT OF THE EFFECTS OF GLOBALIZATION OF COMPANIES AND MARKETS

    Directory of Open Access Journals (Sweden)

    N. Kovtun

    2015-10-01

    Full Text Available The results of improving the author’s methodology linked with the assessment of companies’ and markets’ globalization level were presented in this paper. Based on the analysis of the global companies’ and global markets’ features referred to in scientific literature, the specifications which can be used to determine the globalization level of companies and markets were suggested. In addition, the globalization level of the largest top-ten companies (according to the rating of Forbes Global 2000 Leading Companies in 2015 was identified as well as that of corresponding industry markets: auto and truck manufacturers, major banks, software and programming, large department stores (retailers, telecommunication services, electronics producers, electronics, oil and gas operations.

  20. Stock return predictability and market integration: The role of global and local information

    Directory of Open Access Journals (Sweden)

    David G. McMillan

    2016-12-01

    Full Text Available This paper examines the predictability of a range of international stock markets where we allow the presence of both local and global predictive factors. Recent research has argued that US returns have predictive power for international stock returns. We expand this line of research, following work on market integration, to include a more general definition of the global factor, based on principal components analysis. Results identify three global expected returns factors, one related to the major stock markets of the US, UK and Asia and one related to the other markets analysed. The third component is related to dividend growth. A single dominant realised returns factor is also noted. A forecasting exercise comparing the principal components based factors to a US return factor and local market only factors, as well as the historical mean benchmark finds supportive evidence for the former approach. It is hoped that the results from this paper will be informative on three counts. First, to academics interested in understanding the dynamics asset price movement. Second, to market participants who aim to time the market and engage in portfolio and risk management. Third, to those (policy makers and others who are interested in linkages across international markets and the nature and degree of integration.

  1. Crude oil price shocks and stock returns. Evidence from Turkish stock market under global liquidity conditions

    Energy Technology Data Exchange (ETDEWEB)

    Berk, Istemi [Koeln Univ. (Germany). Energiewirtschaftliches Inst.; Aydogan, Berna [Izmir Univ. of Economics (Turkey). Dept. of International Trade and Finance

    2012-09-15

    The purpose of this study is to investigate the impacts of crude oil price variations on the Turkish stock market returns. We have employed vector autoregression (V AR) model using daily observations of Brent crude oil prices and Istanbul Stock Exchange National Index (ISE- 1 00) returns for the period between January 2, 1990 and November 1, 2011. We have also tested the relationship between oil prices and stock market returns under global liquidity conditions by incorporating a liquidity proxy variable, Chicago Board of Exchange's (CBOE) S and P 500 market volatility index (VIX), into the model. Variance decomposition test results suggest little empirical evidence that crude oil price shocks have been rationally evaluated in the Turkish stock market. Rather, it was global liquidity conditions that were found to account for the greatest amount of variation in stock market returns.

  2. THE EFFECTS OF SWINGS IN GLOBAL WHEAT PRICES ON THE DOMESTIC MARKETS IN AFGHANISTAN

    Directory of Open Access Journals (Sweden)

    Najibullah Hassanzoy

    2016-10-01

    Full Text Available The recent shocks in global prices of cereals and the spillover effects of trade restrictive policies adversely affected domestic markets, particularly in the net food importing countries such as Afghanistan. This paper investigates the effects of 2007–2008 spikes in global wheat prices on the dynamics of price transmission and long-run equilibrium relationship between global and domestic wheat markets. The findings indicate that domestic and global wheat markets may be cointegrated in Regime-I (pre-break, Regime-II (post-break and the overall sample period. Moreover, the elasticity of price transmission and speed of adjustment towards the long-run equilibrium are substantially different between the two regimes, i.e., they appear to be larger in Regime-I as compared to Regime-II. Similarly, the effect of a shock in global wheat prices on domestic wheat markets might be long-lasting in Regime-I but transitory in Regime-II. This research underlines the need for mitigating the adverse effect of spikes in global wheat prices on domestic wheat markets in the context of a landlocked net food importing country.

  3. GOING GLOBAL — ACTING LOCAL: SIEMENS IN THE CHINESE ELECTRICAL MARKET, 1904-1937

    Directory of Open Access Journals (Sweden)

    Mathias Mutz

    2011-01-01

    Full Text Available The German electrical manufacturer Siemens has been active in the Chinese market since the 1870s and established its first office in Shanghai in 1904. Focusing on marketing, the paper analyzes Siemens' business activities in China in the period from 1904 to 1937, and argues that the company exemplified a strategy of "glocalization," i.e. combining global business objectives and local adjustments. At the same time, the growing importance of international markets affected the development of the company as a whole. Referring to the contributions of "product," "price, "place" and "promotion" to the enterprise's development, this paper emphasizes the close connection between marketing and internationalization.

  4. Systemic risk and the hysteria generated in the global market

    Directory of Open Access Journals (Sweden)

    Thalles Alexandre Takada

    2015-12-01

    Full Text Available The negotiating arrangements ordered by an economic order focused to supply the financial market creates an inherent weakness to the system itself. This weakness reflects the decision taking of individuals through the socioeconomic events arising in this market. Simple news reports may trigger a systemic crisis. The present article investigates this proposition, in other words, which economic and legal factors can cause and control the drastic effects on the economy, like the bank run the most visible of these phenomena. Using economic theories related to legal doctrine, it shows up in an interdisciplinary way that society is not a square matrix of linear factors, but a complex system of negotiation exchange governed by the human (irrationality.

  5. Is the corporate loan market globally integrated? a pricing puzzle

    OpenAIRE

    Mark S. Carey; Gregory P. Nini

    2004-01-01

    We offer evidence that interest rate spreads on syndicated loans to corporate borrowers are economically significantly smaller in Europe than in the U.S., other things equal. Differences in borrower, loan and lender characteristics associated with equilibrium mechanisms suggested in the literature do not appear to explain the phenomenon. Borrowers overwhelmingly issue in their natural home market and bank portfolios display significant home "bias." This may explain why pricing discrepancies a...

  6. OPENING GLOBAL MARKETS FOR AGRICULTURE: THE NEXT WTO ROUND

    OpenAIRE

    Sumner, Daniel A.

    2000-01-01

    More open international markets benefit the economy as a whole, as well as most U.S. agricultural producers. The Uruguay Round Agreement laid out a useful framework. Specifically addressed here is why the key to further liberalizing agricultural trade is reduction of tariffs as comprehensively and rapidly as politics will allow. Other issues such as export subsidies, tariff-rate quota quantities, and developing-country relationships are also important, especially while tariffs are coming down...

  7. Global gas processing will strengthen to meet expanding markets

    International Nuclear Information System (INIS)

    Haun, R.R.; Otto, K.W.; Whitley, S.C.; Gist, R.L.

    1996-01-01

    The worldwide LPG industry continues to expand faster than the petroleum industry -- 4%/year for LPG vs. 2%/year for petroleum in 1995 and less than 1%/year in the early 1990s. This rapid expansion of LPG markets is occurring in virtually every region of the world, including such developing countries as China. The Far East is the focus of much of the LPG industry's attention, but many opportunities exist in other regions such as the Indian subcontinent, Southeast Asia, and Latin America. The investment climate is improving in all phases of downstream LPG marketing, including terminaling, storage, and wholesale and retail distribution. The world LPG supply/demand balance has been relatively tight since the Gulf War and should remain so. Base demand (the portion of demand that is not highly price-sensitive) is expanding more rapidly than supplies. As a result, the proportion of total LPG supplies available for price-sensitive petrochemical feedstock markets is declining, at least in the short term. The paper discusses importers, price patterns, world LPG demand, world LPG supply, US NGL supply, US gas processing, ethane and propane supply, butane, isobutane, and natural gasoline supply, and US NGL demand

  8. a European Global Navigation Satellite System — the German Market and Value Adding Chain Effects

    Science.gov (United States)

    Vollerthun, A.; Wieser, M.

    2002-03-01

    Since Europe is considering to establish a "market-driven" European Global Navigation Satellite System, the German Center of Aerospace initiated a market research to justify a German investment in such a European project. The market research performed included the following market segments: aviation, railway, road traffic, shipping, surveying, farming, military, space applications, leisure, and sport. In these market segments, the forementioned inputs were determined for satellite navigation hardware (receivers) as well as satellite navigation services. The forecast period was from year 2007 to 2017. For the considered period, the market amounts to a total of DM 83.0 billion (approx. US $50 billion), whereas the satellite navigation equipment market makes up DM 39.8 billion, and charges for value-added-services amount to DM 43.2 billion. On closer examination road traffic can be identified as the dominant market share, both in the receiver-market and service-market. With a share of 96% for receivers and 73% for services the significance of the road traffic segment becomes obvious. The second part of this paper investigates the effects the market potential has on the Value-Adding-Chain. Therefore, all participants in the Value-Adding-Chain are identified, using industrial cost structure models the employment effect is analyzed, and possible tax revenues for the state are examined.

  9. The global battle to butt out | CRDI - Centre de recherches pour le ...

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

    The Framework Convention on Tobacco Control (FCTC), designed to reduce the devastating health and economic impacts of tobacco use throughout the world, became part of international law on February 27, a historic day for global public health. Its provisions are now legally binding for more than 40 countries, including ...

  10. Think Local-Act Local: Is It Time to Slow Down the Accelerated Move to Global Marketing?

    OpenAIRE

    Schuiling, Isabelle

    2001-01-01

    In view of the accelerated move of great corporations towards global marketing, the strategic changes of such companies raise interesting questions. Is marketing globalization reaching its limits after years of implementation? Is it time for companies to rethink their strategies and move back, like Coca-Cola, to a multi-domestic marketing approach?

  11. Higher Education in the Global Market: Opportunities and Threats

    Science.gov (United States)

    Singh, Navin

    2011-01-01

    The world is marked by the twin processes of economic and cultural globalization in an era of information technology. The identities of all societies are evolving as social and political boundaries are shrinking day-by-day. As a result of significant economic and political changes, cross-cultural contact is at an all-time high in human history.…

  12. EU effect: Exporting emission standards for vehicles through the global market economy.

    Science.gov (United States)

    Crippa, M; Janssens-Maenhout, G; Guizzardi, D; Galmarini, S

    2016-12-01

    Emission data from EDGAR (Emissions Database for Global Atmospheric Research), rather than economic data, are used to estimate the effect of policies and of the global exports of policy-regulated goods, such as vehicles, on global emissions. The results clearly show that the adoption of emission standards for the road transport sector in the two main global markets (Europe and North America) has led to the global proliferation of emission-regulated vehicles through exports, regardless the domestic regulation in the country of destination. It is in fact more economically convenient for vehicle manufacturers to produce and sell a standard product to the widest possible market and in the greatest possible amounts. The EU effect (European Union effect) is introduced as a global counterpart to the California effect. The former is a direct consequence of the penetration of the EURO standards in the global markets by European and Japanese manufacturers, which effectively export the standard worldwide. We analyze the effect on PM 2.5 emissions by comparing a scenario of non-EURO standards against the current estimates provided by EDGAR. We find that PM 2.5 emissions were reduced by more than 60% since the 1990s worldwide. Similar investigations on other pollutants confirm the hypothesis that the combined effect of technological regulations and their diffusion through global markets can also produce a positive effect on the global environment. While we acknowledge the positive feedback, we also demonstrate that current efforts and standards will be totally insufficient should the passenger car fleets in emerging markets reach Western per capita figures. If emerging countries reach the per capita vehicle number of the USA and Europe under current technological conditions, then the world will suffer pre-1990 emission levels. Copyright © 2016 Elsevier Ltd. All rights reserved.

  13. The Evolution of Foreign Exchange Markets in the Context of Global Crisis

    Directory of Open Access Journals (Sweden)

    Mariana Trandafir

    2011-12-01

    Full Text Available The FX market is the world’s largest financial market. The global financial systeminvolves effective and efficient exchange of currencies. Corporations and investors participate in themarket for operational needs: to reduce risk by hedging currency exposures; to convert their returnsfrom international investments into domestic currencies and to make cross-border investments andraise finance outside home markets. Central banks participate in the market. This paper analyzesforeign exchange marketsactivity before and under the condition the global crisis. The method ofresearch is the comparative analysis used on the global and European level. The research is importantand actual because it reveals the changeswhich have defined a new paradigm forthe foreignexchange marketsand which contributed to the increasing of the global foreign exchange marketturnover during the global crisis. The main conclusion of the paper is that the innovativedevelopments in electronic trading technology and institutional trading arrangements are behind theevolution of the foreign exchange markets. The analysis is supported by statistical tables and uses therecent officialBank for International Settlements and European Central Bank statistic databases.

  14. TRENDS OF NATURAL RESOURCES MARKET IN A GLOBALIZED WORLD ECONOMY

    Directory of Open Access Journals (Sweden)

    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.

  15. GLOBALIZATION OF FINANCIAL MARKETS AND ISLAMIC FINANCIAL INSTITUTIONS

    OpenAIRE

    KHAN, M. ALI

    2000-01-01

    In this paper, I reflect on the implications of financial globalization for Islamic financial institutions in terms of coordinates selected from both history and theory. I present in outline the 18th century case for and against commerce, the 19th century case for and against a central institution acting as a lender of last resort, and modern theoretical developments in finance and insurance based on the law of large numbers and centered around the notions of arbitrage, naive and efficient di...

  16. Climate Change, Global Food Markets, and Urban Unrest

    Science.gov (United States)

    2013-02-01

    Francis Gavin 512-471-6267 3. DATES COVERED (From - To) Standard Form 298 (Rev 8/98) Prescribed by ANSI Std. Z39.18 - Climate Change, Global Food...Russia led then-President Dmitry Medvedev to impose export restrictions on wheat, barley, and rye . Food security is fundamental to human security. Prior...how much food is grown and where it is grown. Second, climate change will increase the frequency of localized crop failures due to more frequent

  17. Going global: LNG could open up gas market

    International Nuclear Information System (INIS)

    Jaremko, D.

    2004-01-01

    The probability of liquefied natural gas becoming a major source of energy in North America is discussed. Although the safety of the technology of transporting LNG was proven more than 40 years ago, there are considerable hurdles to be overcome when it comes to establishing LNG terminals. Industry insiders contend that the obstacles to finding suitable sites are primarily NIMBY (not-in-my-backyard) or BANANA (build-absolutely-nothing-anywhere-near-anyone) issues that will be overcome in time with better public information as to what the real hazards are, but the time is not yet ripe for any serious LNG development. Proposed LNG projects in Malaysia, Nigeria, Angola are reviewed, in addition to four projects in the United States, one in the Gulf of Mexico, and three along the American east coast. A Canadian project at Bear Head near Point Tupper, Nova Scotia, which has support from the business community, government and industry, and would provide the shortest distance to eastern North American markets for Atlantic basin shippers is also reviewed. LNG technological and transportation issues apart, there is also direct competition from the long-proposed Alaska pipeline which, if and when built, will provide long-term steady supply of gas for the U. S. market. Alaskan natural gas is clearly the preferred alternative to LNG at the present time

  18. Implementing transparency in an Eastern European office market: preparing Warsaw for global investments

    Directory of Open Access Journals (Sweden)

    Nadine Bitterer

    2012-11-01

    Full Text Available In the aftermath of an increasing integration of property and financial markets, the real estate industry is subject to soaring internationalization processes. Since international institutional investors appeared, transnational real estate investments have increased tremendously. In recent years, Central and Eastern European countries have been becoming more attractive to institutional investors and are therefore being integrated into international market structures. Within these countries, Warsaw emerged as the most dynamic and important real estate market. But what are the mechanisms and practices through which the real estate market of Warsaw becomes international? Which networks, intermediaries and frames are necessary to constitute a mature real estate market? The article argues that international real estate consultants are playing a crucial role in the underlying internationalization process. They are acting at the interface between investors, developers, construction companies and tenants and are therefore becoming a crucial hinge between real estate actors. With the example of the Warsaw real estate market we argue that international real estate consultancies are key drivers of the transformation process from a local to a global market. They transfer global knowledge, competence and practices and implement transparent and professional structures in the emerging Warsaw real estate market.

  19. Speculation on commodities futures markets and destabilization of global food prices: exploring the connections.

    Science.gov (United States)

    Ghosh, Jayati; Heintz, James; Pollin, Robert

    2012-01-01

    In December 2010, the United Nations Food and Agriculture Organization's Food Price Index surpassed its previous peak of June 2008, and prices remained at this level through September 2011. This pattern is creating justified fears of a renewal or intensification of the global food crisis. This paper reviews arguments and evidence to inform debates on how to regulate commodity futures markets in the face of such price volatility and sustained high prices. We focus on the relationship between market liquidity and price patterns in asset markets in general and in commodities futures markets in particular, as well as the relationship between spot and futures market prices for food. We find strong evidence supporting the need to limit huge increases in trading volume on futures markets through regulations. We find that arguments opposing regulation are not supported. We find no support for the claim that liquidity in futures markets stabilizes prices at "fundamental" values or that spot market prices are free of any significant influence from futures markets. Given these results, the most appropriate position for regulators is precautionary: they should enact and enforce policies capable of effectively dampening excessive speculative trading on the commodities markets for food.

  20. The global financial crisis: Is there any contagion between real estate and equity markets?

    Science.gov (United States)

    Hui, Eddie Chi-man; Chan, Ka Kwan Kevin

    2014-07-01

    This study examines contagion across equity and securitized real estate markets of Hong Kong, US and UK during the global financial crisis by the Forbes-Rigobon, coskewness and cokurtosis tests. In particular, this is the first study to use the cokurtosis test to examine contagion between real estate and equity markets. The results show that the cokurtosis test can detect additional channels of contagion, and hence is a more powerful test. In contrary to Fry et al. (2010), we find that the cokurtosis test shows a highly significant evidence of contagion between the equity and real estate markets in both directions. In particular, the contagion between US's equity and real estate markets is the most significant. This reflects that US is the centre of shock of the global financial crisis.

  1. Policy Approaches for Regulating Alcohol Marketing in a Global Context: A Public Health Perspective.

    Science.gov (United States)

    Esser, Marissa B; Jernigan, David H

    2018-04-01

    Alcohol consumption is responsible for 3.3 million deaths globally or nearly 6% of all deaths. Alcohol use contributes to both communicable and noncommunicable diseases, as well as violence and injuries. The purpose of this review is to discuss, in the context of the expansion of transnational alcohol corporations and harms associated with alcohol use, policy options for regulating exposure to alcohol marketing. We first provide an overview of the public health problem of harmful alcohol consumption and describe the association between exposure to alcohol marketing and alcohol consumption. We then discuss the growth and concentration of global alcohol corporations and their marketing practices in low- and middle-income countries, as well as in higher-income societies. We review the use and effectiveness of various approaches for regulating alcohol marketing in various countries before discussing challenges and opportunities to protect public health.

  2. Tecnatom, a Spanish engineering in a global market

    International Nuclear Information System (INIS)

    Loizaga, I.; Rejas, L.; Izquierdo, R.

    2013-01-01

    Tecnatom has been successfully developing its activities for more than fifty years thanks to a fully committed working team, its working capacity and its orientation toward innovation. During the past years, a set of skills and expertise have been developed focussing upon the international market. Nowadays, Tecnatom is carrying on its activities in countries such as United States, Brazil, Argentina, China and United Arab Emirates to name but a few. The activities carried out here cover an ample range of tasks. Tecnatom is involved in the initial and continuous training of operational staff not only in facilities already in commercial operation but also in green field developments. Technical support during commissioning, emergency readiness plans drawing, development of innovative aids for operations and designing and developing main control rooms and full scope simulators are other mainstream projects on the way. (Author)

  3. Tecnatom, a Spanish engineering in a global market

    Energy Technology Data Exchange (ETDEWEB)

    Loizaga, I.; Rejas, L.; Izquierdo, R.

    2013-10-01

    Tecnatom has been successfully developing its activities for more than fifty years thanks to a fully committed working team, its working capacity and its orientation toward innovation. During the past years, a set of skills and expertise have been developed focussing upon the international market. Nowadays, Tecnatom is carrying on its activities in countries such as United States, Brazil, Argentina, China and United Arab Emirates to name but a few. The activities carried out here cover an ample range of tasks. Tecnatom is involved in the initial and continuous training of operational staff not only in facilities already in commercial operation but also in green field developments. Technical support during commissioning, emergency readiness plans drawing, development of innovative aids for operations and designing and developing main control rooms and full scope simulators are other mainstream projects on the way. (Author)

  4. Current status of alcohol marketing policy--an urgent challenge for global governance.

    Science.gov (United States)

    Casswell, Sally

    2012-03-01

    To review research literature and available information on the extent and impacts of marketing, current policy response and the interests engaged in the policy debate in order to inform recommendations for policy change on alcohol marketing. Relevant literature, including systematic reviews and publicly available information (websites and participant observation) is reviewed and synthesized. Alcohol marketing has expanded markedly in the past 50 years and, while there remains uncertainty about the impact across the population, there is now clear evidence of its impact on the consumption of young people. Few countries have effective policy in place restricting alcohol marketing, and there is a lack of an international response to alcohol marketing which crosses national boundaries. The protection of alcohol marketing has been a major focus for vested interest groups and this has affected governmental response at national and international levels. There has been a lack of non-governmental organization engagement. The policy response to tobacco marketing provides a clear contrast to that of alcohol marketing policy and provides a model for alcohol marketing policy. The global exposure of young people to alcohol marketing requires an urgent policy response. The Framework Convention on Tobacco Control provides an appropriate model for global governance to control alcohol marketing. There are extant examples of national level legislation achieving comprehensive bans with France's Loi Evin providing a feasible model. Resources from philanthropic organizations to allow non-governmental organization engagement are urgently required, as is engagement by the governmental sector independent of commercial influence. © 2012 The Author, Addiction © 2012 Society for the Study of Addiction.

  5. Global Phosphorus Fertilizer Market and National Policies: A Case Study Revisiting the 2008 Price Peak

    Directory of Open Access Journals (Sweden)

    Nikolay Khabarov

    2017-06-01

    Full Text Available The commodity market super-cycle and food price crisis have been associated with rampant food insecurity and the Arab spring. A multitude of factors were identified as culprits for excessive volatility on the commodity markets. However, as it regards fertilizers, a clear attribution of market drivers explaining the emergence of extreme price events is still missing. In this paper, we provide a quantitative assessment of the price spike of the global phosphorus fertilizer market in 2008 focusing on diammonium phosphate (DAP. We find that fertilizer market policies in India, the largest global importer of phosphorus fertilizers and phosphate rock, turned out to be a major contributor to the global price spike. India doubled its import of P-fertilizer in 2008 at a time when prices doubled. The analysis of a wide set of factors pertinent to the 2008 price spike in phosphorus fertilizer market leads us to the discovery of a price spike magnification and triggering mechanisms. We find that the price spike was magnified on the one hand by protective trade measures of fertilizer suppliers leading to a 19% drop in global phosphate fertilizer export. On the other hand, the Indian fertilizer subsidy scheme led to farmers not adjusting their demand for fertilizer. The triggering mechanism appeared to be the Indian production outage of P-fertilizer resulting in the additional import demand for DAP in size of about 20% of annual global supply. The main conclusion is that these three factors have jointly caused the spike, underscoring the need for ex ante improvements in fertilizer market regulation on both national and international levels.

  6. The Strategic Importance of the Global Oil Market

    Science.gov (United States)

    2015-06-01

    cho- sen as PACOM Professional of the Year and U.S. Fed- eral Employee of the Year in 2006 and 2007. General David Petraeus awarded him the Joint...recovery may not be im- minent, signs are mounting that the tide is turning. The most tangible price effect is on the supply side. In this sense , a low oil...different.” Nothing short of a wholesale culture change in our global financial institutions is required, one that recognizes that the urgency of the

  7. Prospects for global market expansion of China’s wind turbine manufacturing industry

    International Nuclear Information System (INIS)

    Gosens, Jorrit; Lu, Yonglong

    2014-01-01

    Emerging economies are increasingly contributing to global innovation, including clean-tech innovation. The development of China’s wind power sector has often been used to illustrate this point. China’s domestic wind power market is the largest in the world and is largely supplied by domestic manufacturers. Competition for market share in the domestic market may pressure firms to innovate, which consecutively improves prospects for global expansion. This paper reviews developments in China’s domestic wind turbine market using the Technological Innovation System framework. We analyze the pressure to innovate arising from market competition and assess the prospects for global expansion of Chinese wind turbine manufacturers. We conclude that domestic customers are not pressured or incentivized to perform with respect to power output, such that turbine manufacturers are not pressured to perform with respect to turbine efficiency or maintenance needs. Pressure to innovate is further reduced by formalizing connections between wind farm developers and turbine manufacturers. Chinese turbine manufacturers cannot yet compete with leading global brands in technological leadership. The prospects for exports are improved, however, by the preferential supply of project financing from institutional investors, such as the China Development Bank, from Chinese utilities that seek global expansion and from the manufacturers themselves. - Highlights: • We assess the pressure to innovate in the Chinese wind turbine market. • Customer demand is focused more strongly on turbine cost than quality. • Formalizing connections between users and suppliers reduce pressure to innovate. • Chinese manufacturers cannot yet compete globally in technological quality. • Preferential supplies of project finance may provide a vehicle for exports

  8. Model-based synthesis of locally contingent responses to global market signals

    Science.gov (United States)

    Magliocca, N. R.

    2015-12-01

    Rural livelihoods and the land systems on which they depend are increasingly influenced by distant markets through economic globalization. Place-based analyses of land and livelihood system sustainability must then consider both proximate and distant influences on local decision-making. Thus, advancing land change theory in the context of economic globalization calls for a systematic understanding of the general processes as well as local contingencies shaping local responses to global signals. Synthesis of insights from place-based case studies of land and livelihood change is a path forward for developing such systematic knowledge. This paper introduces a model-based synthesis approach to investigating the influence of local socio-environmental and agent-level factors in mediating land-use and livelihood responses to changing global market signals. A generalized agent-based modeling framework is applied to six case-study sites that differ in environmental conditions, market access and influence, and livelihood settings. The largest modeled land conversions and livelihood transitions to market-oriented production occurred in sties with relatively productive agricultural land and/or with limited livelihood options. Experimental shifts in the distributions of agents' risk tolerances generally acted to attenuate or amplify responses to changes in global market signals. Importantly, however, responses of agents at different points in the risk tolerance distribution varied widely, with the wealth gap growing wider between agents with higher or lower risk tolerance. These results demonstrate model-based synthesis is a promising approach to overcome many of the challenges of current synthesis methods in land change science, and to identify generalized as well as locally contingent responses to global market signals.

  9. The Risk-Return Profiles Of Global Portfolios: Some Evidence From Asia-Pacific And European Equity Markets

    OpenAIRE

    H. Christine Hsu

    2011-01-01

    As world financial markets are integrated, national stock markets tend to move together. Empirical evidence on correlations among equity markets worldwide suggests an increasing interdependence between most national markets in recent years. This is disconcerting, to say the least, to investors and portfolio managers seeking risk diversification via global equity investing. The objective of this study is to investigate whether there is still room for global portfolio diversification from the U...

  10. Global Health, Medical Anthropology, and Social Marketing: Steps to the Ecology of Collaboration.

    Science.gov (United States)

    Whiteford, Linda

    2015-06-01

    Anthropology and global health have long been a focus of research for both biological and medical anthropologists. Research has looked at physiological adaptations to high altitudes, community responses to water-borne diseases, the integration of traditional and biomedical approaches to health, global responses to HIV/AIDS, and more recently, to the application of cultural approaches to the control of the Ebola epidemic. Academic anthropology has employed theory and methods to extend knowledge, but less often to apply that knowledge. However, anthropologists outside of the academy have tackled global health issues such as family planning and breast-feeding by bringing together applied medical anthropology and social marketing. In 2014, that potent and provocative combination resulted in the University of South Florida in Tampa, Florida being made the home of an innovative center designed to combine academic and applied anthropology with social marketing in order to facilitate social change. This article discusses how inter- and intra-disciplinary research/application has led to the development of Florida's first World Health Organization Collaborating Center (WHO CC), and the first such center to focus on social marketing, social change and non-communicable diseases. This article explains the genesis of the Center and presents readers with a brief overview, basic principles and applications of social marketing by reviewing a case study of a water conservation project. The article concludes with thoughts on the ecology of collaboration among global health, medical anthropology and social marketing practitioners.

  11. Fractal Markets Hypothesis and the Global Financial Crisis: Scaling, Investment Horizons and Liquidity

    Czech Academy of Sciences Publication Activity Database

    Krištoufek, Ladislav

    2012-01-01

    Roč. 15, č. 6 (2012), 1250065-1-1250065-13 ISSN 0219-5259 R&D Projects: GA ČR GA402/09/0965 Grant - others:GA UK(CZ) 118310; SVV(CZ) 265 504 Institutional support: RVO:67985556 Keywords : fractal markets hypothesis * scaling * fractality * investment horizons * efficient markets hypothesis Subject RIV: AH - Economics Impact factor: 0.647, year: 2012 http://library.utia.cas.cz/separaty/2012/E/kristoufek-fractal markets hypothesis and the global financial crisis scaling investment horizons and liquidity.pdf

  12. 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

  13. Product development strategy in the Danish agricultural complex: Global interaction with clusters of marketing excellence

    DEFF Research Database (Denmark)

    Kristensen, Preben Sander

    1992-01-01

    A study of the Danish foods industry shows that producers of food products have built up and maintain development of end-user products in interaction with customers in distant sophisticated markets. Concurrently, the Danish agro-industrial complex been singled out in other studies as a paradigmatic...... produce and utilize sticky and fastchanging information about production and markets respectively. It is precisely by not interacting wi market business-to-business demand from changing end-user market that the Danish agro-industrial complex has avoided being insulated. The managerial implication...... is that a company in search of partners for joint development in global agro-industra networks can realize a competitive advantage by applying a market view that is euclidean upstream and equidstant downstream....

  14. Decommissioning and waste markets attract new global alliances

    International Nuclear Information System (INIS)

    Shepherd, John

    2014-01-01

    Renewed global efforts to broaden knowledge and expertise in the field of radwaste management and identify the most promising technologies for clean-up and treatment of nuclear wastes are being led by the International Atomic Energy Agency (IAEA). In its recently-published annual report for 2013, the IAEA has given details of the development of new projects for the management of intermediate-level waste and large amounts of waste. Decommissioning can be a lucrative prospect. The availability of skills will be a key factor. Whatever technological advances are made in the coming years, there needs to be corresponding investment in attracting new recruits to the nuclear industry and equipping them with the skills that the industry will need.

  15. Decommissioning and waste markets attract new global alliances

    Energy Technology Data Exchange (ETDEWEB)

    Shepherd, John [nuclear24, London (United Kingdom)

    2014-08-15

    Renewed global efforts to broaden knowledge and expertise in the field of radwaste management and identify the most promising technologies for clean-up and treatment of nuclear wastes are being led by the International Atomic Energy Agency (IAEA). In its recently-published annual report for 2013, the IAEA has given details of the development of new projects for the management of intermediate-level waste and large amounts of waste. Decommissioning can be a lucrative prospect. The availability of skills will be a key factor. Whatever technological advances are made in the coming years, there needs to be corresponding investment in attracting new recruits to the nuclear industry and equipping them with the skills that the industry will need.

  16. Globalizing Social Welfare and Labor Markets in East and Southeast Asia

    DEFF Research Database (Denmark)

    Schmidt, Johannes Dragsbæk

    2007-01-01

    experienced social pressures for restricting the workings of globalization: The first is the fear of job losses through the mechanisms of outsourcing and imports of cheapers industrial products. The second is the anxiety of ethnic and cultural dilution due to the emergence of new patters of labor migration...... and workers negotiate for the promotion of national development and the creation of a civil society which might minimize the adverse effects of globalization! This paper explores the impact of neo-liberal globalization on labor markets and social welfare in East and Southeast Asia. It draws upon recent...... debates in the framework of comparative political economy over the impact of neo-liberal globalization on labor market regulation and social welfare adjustment. The focus is on the radical change of work arrangements with an accompanying loss of the social relevance of the work place and of labour...

  17. Perspectives of the Evolution of Romanian Financial Market in the Context of Global Financial Market

    OpenAIRE

    Dalia SIMION; Daniel TOBA

    2008-01-01

    Economical financial reality proves that, in time, globalisation has an impact not only on commodities economy but also on all financial domains, leading to remodelling of financial arrangement, increase of business opportunities but as well competition between financial institutions. Due to the expansion of financial markets, the consequences of globalisation processes converge to an efficiency of economic systems, through an increase of financing capacity and quick transformation of investm...

  18. Environmental market failures. Are there any local market-based corrective mechanisms for global problems?

    International Nuclear Information System (INIS)

    Ayres, R.U.

    1997-01-01

    The paper reviews various policy tools that have been discussed in the literature, including legal, administrative and fiscal (tax) schemes, as well as tradeable emission permits and concludes that none of them are really suitable for dealing with global problems. An alternative is suggested, namely the use of tradeable individual consumption quotas for traded commodities at the national level, to be extended later to the global level by trading quotas among nations (assuming agreement can be reached on the basis for determining quotas). 28 refs

  19. THE INDONESIAN STOCK MARKET PERFORMANCE DURING ASIAN ECONOMIC CRISIS AND GLOBAL FINANCIAL CRISIS

    Directory of Open Access Journals (Sweden)

    MARIA PRAPTININGSIH

    2011-04-01

    Full Text Available Volatility in the stock market had strongly affected by the movement of publicly or even inside information. The movements of this information will generate the perspectives and expectations of investors in decision-making. How strong is the level of market efficiency in determining the movement of stock market, especially to achieve stability in the stock market during the economic crisis? How effective are the policies of central banks in controlling the movement of the stock market? This study aims to measure the factors that influence changes in the movement of stock price in Indonesian stock market in terms of market efficiency hypothesis. This research also aims to investigate the effectiveness of central bank policy in controlling and stabilizing the movement of stocks in Indonesia. The research will focus on the economic crisis in 1997 and the global crisis in 2008 as case studies. Thepaperutilizesthe vector error-correction model, impulse responses and variance decomposition in measuring the contribution of the factors that affect the movement of stock and determine the effectiveness of central bank policy. The findings are beneficialto central banks, governments, companies and investors in strengthening the Indonesian Stock Market particularly in facing the threat of financial crisis.

  20. Combating global warming. Possible rules, regulations and administrative arrangements for a global market in CO2 emission entitlements

    International Nuclear Information System (INIS)

    1994-12-01

    When in 1991 the UNCTAD secretariat launched its research into the idea of controlling carbon dioxide emissions through a system of 'tradeable permits', there was little support for this approach. Some felt that the idea was premature and should not detract from efforts to introduce more conventional measures, such as environmental taxes and new regulations. However, in a few short years, the idea of using tradeable market-based instruments to combat global warming has gained widespread acceptance. The UNCTAD secretariat's 1992 study on a global system of tradeable carbon emission entitlements (UNCTAD/RDP/DFP/1), was widely regarded as a major breakthrough in this area. This study argued that tradeable permits were both an efficient means of controlling man-made carbon dioxide emissions at minimum cost, and an effective mechanism for transferring resources to developing countries and countries in transition, to help them to contribute to the international effort to abate emissions of greenhouse gases. The study contained a detailed assessment of key technical elements of a tradeable CO 2 entitlements system, including permit allocation techniques, resource transfers, equity/distributional implications, institutional and administrative requirements. The present publication explores the institutional requirements for both policy-making and the organization of a global market in CO 2 emission allowances. It shows that one can start with a simple pilot scheme based on the joint implementation of commitments, which constitutes the cornerstone of the Framework Convention, and evolve gradually to a more complete system on the basis of 'learning by doing'. Since the use of markets can dramatically lower the cost of controlling greenhouse gas emissions, it is clearly in the self-interest of major emitters to act as 'market leaders' willing to pioneer

  1. Addressing AACSB Global and Technology Requirements: Exploratory Assessment of a Marketing Management Assignment

    Science.gov (United States)

    Greene, Scott; Bao, Yongchuan

    2009-01-01

    The Association to Advance Collegiate Schools of Business (AACSB) standards mandate knowledge of global and technology issues. Businesses desire employees with ability to analyze international markets and to be adept with technology. Taxpayers supporting public universities and organizations hiring business school graduates expect accountability…

  2. Developing a Pedagogy for Globalization: A Marketing and Political Science Multi-Disciplinary and Transnational Approach

    Science.gov (United States)

    Arsenault, Paul M.; Stevenson, Linda S.

    2013-01-01

    One of the greatest challenges facing social science and marketing programs in the start of the 21st century is how to "globalize" our curriculums, so that our tech-savvy, but often internationally and cross-culturally inexperienced students have, understand, and are prepared to embrace the diverse opportunities that will be an…

  3. Measuring success in global health diplomacy: lessons from marketing food to children in India.

    Science.gov (United States)

    Smith, Richard; Irwin, Rachel

    2016-06-16

    Global health diplomacy (GHD) focuses on international negotiation; principally between nation states, but increasingly non-state actors However, agreements made at the global level have to be enacted at the national, and in some cases the sub-national level. This presents two related problems: (1) how can success be measured in global health diplomacy and (2) at what point should success be evaluated? This commentary highlights these issues through examining the relationship between India and the WHO Set of Recommendations on the Marketing of Food and Non-alcoholic Beverages to Children, endorsed by Resolution WHA63.14 at the 63rd World Health Assembly in 2010.

  4. Growth of the Asian health-care market: global implications for the pharmaceutical industry.

    Science.gov (United States)

    Epstein, Richard J

    2007-10-01

    The global economy is being transformed by an explosion of information unleashed by the internet, the digital revolution, communications and increased international mobility. This transformation is manifesting in many ways, including rapid development of countries such as China, commoditization of public services, mobilization of workforces, shifting of market control from suppliers to consumers, interlinked rises in product demand and customer expectations, and problems regulating international business competition. As Asia is home to half of the world's population, and offers both a large relatively low-cost workforce in some countries and a potentially huge retail market, this region could be central to the future of the global economy. Like other industries, the pharmaceutical industry faces a new array of Asia-specific opportunities and challenges. Success in meeting these challenges will go to those pharmaceutical companies that best understand the unique strengths and constraints of Asia's diverse cultures, talents and markets.

  5. A City and National Metric measuring Isolation from the Global Market for Food Security Assessment

    Science.gov (United States)

    Brown, Molly E.; Silver, Kirk Coleman; Rajagopalan, Krishnan

    2013-01-01

    The World Bank has invested in infrastructure in developing countries for decades. This investment aims to reduce the isolation of markets, reducing both seasonality and variability in food availability and food prices. Here we combine city market price data, global distance to port, and country infrastructure data to create a new Isolation Index for countries and cities around the world. Our index quantifies the isolation of a city from the global market. We demonstrate that an index built at the country level can be applied at a sub-national level to quantify city isolation. In doing so, we offer policy makers with an alternative metric to assess food insecurity. We compare our isolation index with other indices and economic data found in the literature.We show that our Index measures economic isolation regardless of economic stability using correlation and analysis

  6. Concurrent Engineering with IT-Tools for successful industrial products in a global market

    DEFF Research Database (Denmark)

    Conrad, Finn

    2003-01-01

    The paper presents and discusses research results concerning Concurrent Engineering with IT-Tools for Successful Industrial Products on a Global Market. Concurrent Engineering, often is called just ¿CE¿, that is a systematic approach to the integrated, concurrent design of products and related...... on the world market and the increasing global public demands, requirements and regulations for protection of the environment are both driving forces and challenges for improving the development of control and engineering design. There has always been an ongoing desire to develop and design systems to improve...... performance of products, productivity and efficiency of process operations. Smart use of simulation and modelling IT tools can improve many enterprises ability to compete and survive on the market. European Enterprises developing, designing and manufacturing hydraulic components and hydraulic systems...

  7. 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

    Directory of Open Access Journals (Sweden)

    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

  8. Understanding Global Supply Chains and Seafood Markets for the Rebuilding Prospects of Northern Gulf Cod Fisheries

    Directory of Open Access Journals (Sweden)

    Ahmed S. Khan

    2012-11-01

    Full Text Available Although fisheries production and seafood trade are global in scope, with billions of dollars in exports, the rebuilding of collapsed fisheries often focus on national fisheries policy and management measures, with little attention to global supply chains and international consumer markets. Even with two moratoria and two decades of policy changes since the Northern Gulf cod fisheries collapsed in eastern Canada, rebuilding has stalled and the fishing industry and coastal communities continue to undergo challenges with economic viability and resource sustainability. This paper examines and analyzes the global supply chain and marketing dimension of Northern Gulf cod fisheries. Drawing upon fisheries bioeconomics and governance theory, a pre- and post-collapse analysis is undertaken to understand key drivers and institutional mechanisms along global fish supply chains for an effective and successful rebuilding. Findings indicate that the collapse of the cod fishery has cascading effects that go beyond ecosystem changes to new harvesting activities, industry restructuring, supply chain reorganization, new global markets and consumer preference for certified seafood. This suggests that a holistic rebuilding approach is necessary, one that integrates institutional and behavioral changes for both producers and consumers at various scales of fisheries production, political economy issues, as well as cross-scale policies on marine conservation and regional economic development.

  9. Labor markets and employment insecurity: impacts of globalization on service and healthcare-sector workforces.

    Science.gov (United States)

    Ostry, Aleck S; Spiegel, Jerry M

    2004-01-01

    Global changes in the economies of most developed nations have impacted the way healthcare is organized, even within largely public systems, and the working conditions of healthcare workers. Since the acceleration of globalization in the 1970s, service-sector workers in developed nations have faced high unemployment, increased skill requirements for most jobs, and a rise in non-traditional work arrangements. These secular shifts in service-sector labor markets have occurred against the background of an erosion of the welfare state and growing income inequality. As well, many healthcare systems, including Canada's, were severely downsized and restructured in the 1990s, exacerbating the underlying negative secular trends in the service sector, and worsening the working conditions for many healthcare workers. Globalization has altered the labor market and shifted working conditions in ways that have been unfavorable to many healthcare workers.

  10. 77 FR 11157 - Remanufactured Goods: An Overview of the U.S. and Global Industries, Markets, and Trade; Change...

    Science.gov (United States)

    2012-02-24

    ... the U.S. and Global Industries, Markets, and Trade; Change in Start Time of Public Hearing AGENCY... investigation No. 332-525, Remanufactured Goods: An Overview of the U.S. and Global Industries, Markets, and... INFORMATION CONTACT: Project Leader Alan Treat (202-205- 3426 or [email protected] ), Deputy Project Leader...

  11. The 2008 Global Financial Crisis: The Case of a Market with Consistent Losses Ever Since

    Directory of Open Access Journals (Sweden)

    Hadeel Yaseen

    2015-03-01

    Full Text Available Following the 2008 global financial crisis, and in common with many stock markets around the world, the Amman Securities Exchange (ASE experienced some heavy losses. However, what makes the Jordanian market probably different is its inability to recover. The weighted price index fell from 7519.3 points in 2007 to 5520.1 points in 2009, to 4593.9 points in 2012, and to 4336.7 points by the end of 2013 respectively. With a statutory minimum tick which is equal to one pence, this observation has some serious implications to the liquidity cost that prevails in the Jordanian capital market, and the cost of financing listed firms. The primary aim of this research paper is to examine the impact of the stock market crash in Jordan on liquidity cost. Based on a total number of 108 listed stocks and daily data during the years 2007 and 2009, the empirical results indicate that liquidity cost on the Jordanian capital market is high. In addition, the results show that the 2009 stock market crash has led to a substantial increase in liquidity cost. In other words, the market must consider a number of remedial measures to improve its’ operational efficiency.

  12. Of neoliberalism and global health: human capital, market failure and sin/social taxes.

    Science.gov (United States)

    Reubi, David

    2016-10-19

    This article tells a different but equally important story about neoliberalism and global health than the narrative on structural adjustment policies usually found in the literature. Rather than focus on macroeconomic structural adjustment policies, this story draws our attention to microeconomic taxation policies on tobacco, alcohol and sugar now widely recognised as the best strategy to control the global non-communicable disease epidemic. Structural adjustment policies are the product of the shift from statist to market-based development models, which was brought about by neoliberal thinkers like Peter Blau and Deepak Lal. In contrast, taxation policies are the result of a different epistemological rupture in international development: the move from economies and physical capital to people and human capital, advocated by Gary Becker and others. This move was part of wider change, which saw Chicago School economists, under the influence of rational choice theory, redefine the object of their discipline, from the study of markets to individual choices. It was this concern with people and their choices that made it possible for Becker and others to identify the importance of price for the demand for tobacco, alcohol and sugar. The same concern also made it easier for them to recognise that there were inefficiencies in the tobacco, alcohol and sugar markets that required government intervention. This story, I suggest, shows that structural adjustment policies and pro-market ideology do not exhaust the relationship between neoliberalism and global health and should not monopolise how we, as political and social scientists, conceive it.

  13. Credit Rating As a Factor of Stability in the Global Capital Market

    Directory of Open Access Journals (Sweden)

    Ismail Musabegović

    2014-12-01

    Full Text Available Credit rating has an outstanding importance on the capital market. Opinions and assessments of rating agencies help us to improve growth, stability and efficiency of international and domestic markets, which now include over 80 trillion dollars of rated bonds and other securities with the fixed income. The contribution of the credit agencies to the market stability and efficiency is reflected in their ability to provide accurate, clear and reliable assessments of the solvency of participants on the financial markets. An adequate and proper risk assessment of securities contributes to stability. In order to achieve a given goal and to satisfy its purpose, the assessments should be based on a fundamental understanding of the key components of the credit risk. Also, in order to ensure a reliable framework for making investment decisions, the rating agencies are obliged to offer and to provide a wide range of securities, which are based on a global comparability of rating symbols and onthe support given by the credit rating assignment committee and by the other relevant decision making bodies. Markets for structured products could not have developed without the quality assurance provided by CRAs. When analyzing a securitization program CRAs examine legal and structural protections provided to investors. Since the globalization is an inevitable phenomenon in today’s world the importance of the credit rating becomes more noticeable. On the other hand, the rating agencies have an obligation to reanalyze their decision making models in order to contribute tothe reliability of the evaluation.

  14. An empirical analysis of freight rate and vessel price volatility transmission in global dry bulk shipping market

    Directory of Open Access Journals (Sweden)

    Lei Dai

    2015-10-01

    Full Text Available Global dry bulk shipping market is an important element of global economy and trade. Since newbuilding and secondhand vessels are often traded as assets and the freight rate is the key determinant of vessel price, it is important for shipping market participants to understand the market dynamics and price transmission mechanism over time to make suitable strategic decisions. To address this issue, a multi-variate GARCH model was applied in this paper to explore the volatility spillover effects across the vessel markets (including newbuilding and secondhand vessel markets and freight market. Specifically, the BEKK parameterization of the multi-variate GARCH model (BEKK GARCH was proposed to capture the volatility transmission effect from the freight market, newbuilding and secondhand vessel markets in the global dry bulk shipping industry. Empirical results reveal that significant volatility transmission effects exist in each market sector, i.e. capesize, panamax, handymax and handysize. Besides, the market volatility transmission mechanism varies among different vessel types. Moreover, some bilateral effects are found in the dry bulk shipping market, showing that lagged variances could affect the current variance in a counterpart market, regardless of the volatility transmission. A simple ratio is proposed to guide investors optimizing their portfolio allocations. The findings in this paper could provide unique insights for investors to understand the market and hedge their portfolios well.

  15. Managing the Planned Cessation of a Global Supply Market: Lessons Learned From the Global Cessation of the Trivalent Oral Poliovirus Vaccine Market.

    Science.gov (United States)

    Rubin, Jennifer; Ottosen, Ann; Ghazieh, Andisheh; Fournier-Caruana, Jacqueline; Ntow, Abraham Kofi; Gonzalez, Alejandro Ramirez

    2017-07-01

    The Polio Eradication and Endgame Strategic Plan 2013-2018 calls for the phased withdrawal of OPV, beginning with the globally synchronized cessation of tOPV by mid 2016. From a global vaccine supply management perspective, the strategy provided two key challenges; (1) the planned cessation of a high volume vaccine market; and (2) the uncertainty of demand leading and timeline as total vaccine requirements were contingent on epidemiology. The withdrawal of trivalent OPV provided a number of useful lessons that could be applied for the final OPV cessation. If carefully planned for and based on a close collaboration between programme partners and manufacturers, the cessation of a supply market can be undertaken with a successful outcome for both parties. As financial risks to manufacturers increase even further with OPV cessation, early engagement from the cessation planning phase and consideration of production lead times will be critical to ensure sufficient supply throughout to achieve programmatic objectives. As the GPEI will need to rely on residual stocks including with manufacturers through to the last campaign to achieve its objectives, the GPEI should consider to decide on and communicate a suitable mechanism for co-sharing of financial risks or other financial arrangement for the outer years. © The Author 2017. Published by Oxford University Press for the Infectious Diseases Society of America.

  16. The role of bioethics in the international prescription drug market: economics and global justice.

    Science.gov (United States)

    Newland, Shelby E

    2006-01-01

    In terms of health care access, bioethics has an important role to inform and shape policy issues and develop interdisciplinary ideas and interventions. The rising price of prescription drugs presents one of the most looming barriers to health care access in the world today. Including both theoretical and practical features of the pharmaceutical industry's behavior is necessary to find ethical solutions towards increasing access. Bioethics can evaluate global justice by weighing human rights theory and future innovation at the macro level, and by addressing market forces and responsibilities at the micro level. Inherent structural features of pharmaceuticals, such as its reliance on research and development, cause the industry to employ pricing strategies that seem counter-intuitive to conventional wisdom, but that result in producing a just allocation as defined by market forces. Parallel trade and drug exportation/reimportation threaten the saliency of the industry's differential pricing scheme; a case-study of a single "Euro-price" within the European Union illustrates how this will actually create harm to the most needy member states. This complex situation requires solutions weighing arguments from human rights theory with those from economic theory to arrive at the most globally just allocation of prescription drugs in the global marketplace, as well as to ensure future innovation and scientific progress. Bioethicists as well as economists need to partake urgently in this discourse for the betterment of the global injustices in the international prescription drug market.

  17. The global warming, public goods and carbon market; Calentamiento global, bienes publicos y mercado de carbono

    Energy Technology Data Exchange (ETDEWEB)

    Quadri de la Torre, Gabriel [EcoSecurities (Mexico)

    2007-07-15

    The global warming is an issue of the public goods, and demands an outstanding multilateral action, which must to ensure both efficiency and unchanging transition towards an economy of low intensity of carbon. The new system, which is going to replace the Kyoto Protocol, will have compromises for the developing countries and deep implication in the relative competitivity of the nations and companies. [Spanish] El calentamiento global es un problema de bienes publicos que exige una extraordinaria accion multilateral. Esta debe asegurar eficiencia y una transicion fluida hacia una economia de baja intensidad de carbono. El nuevo sistema que sucedera al Protocolo de Kyoto significara compromisos para los paises en vias de desarrollo, y tendra profundas implicaciones en la competitividad relativa de naciones y empresas.

  18. Fractal Markets Hypothesis and the Global Financial Crisis: Wavelet Power Evidence

    Science.gov (United States)

    Kristoufek, Ladislav

    2013-10-01

    We analyze whether the prediction of the fractal markets hypothesis about a dominance of specific investment horizons during turbulent times holds. To do so, we utilize the continuous wavelet transform analysis and obtained wavelet power spectra which give the crucial information about the variance distribution across scales and its evolution in time. We show that the most turbulent times of the Global Financial Crisis can be very well characterized by the dominance of short investment horizons which is in hand with the assertions of the fractal markets hypothesis.

  19. Cost of equity on the Polish and global coal market - comparative analysis

    OpenAIRE

    Aneta Michalak

    2014-01-01

    The mining industry in Poland as well as in the world is considered to be a strategic industry, of special significance for the economy. At the same time it is an industry requiring high capital outlays. Equity plays an important role in financing of the mining enterprises. The objective of the article is to compare the cost of equity on the Polish and global coal market. The object of the research are the Polish and foreign mining enterprises listed on the stock markets. The basic research m...

  20. THE GLOBAL MARKET OF SMALL BUSINESSES BY E-COMMERCE PLATFORMS

    OpenAIRE

    Domenico CONSOLI

    2016-01-01

    Nowadays we live in a global market era. For small businesses (SBs), that do not have financial and human resources, to sell in a big market by an e-commerce platform can be a competitive strategy. The electronic platform can reinforce the weaknesses of an absence of a commercial network to interact with end customers, especially if they live in another country. The platform allows small businesses to operate on the long tail. In fact they can sell also few specific products /services to a la...

  1. Globalization of labour markets challenges, adjustment and policy response in the EU and LDCS

    CERN Document Server

    Kuyvenhoven, Arie; Molle, Willem

    1997-01-01

    To the classical driving forces of migration such as poverty, oppression and war, yet another is being added: globalization. The trend toward globalization has created new opportunities for trade and investment. These have had positive implications for economic growth and living standards. However, they also confront developed and less developed countries (LCDs) with difficult policy choices. Developed Countries (DCs) have to find a compromise between competitiveness and high labour costs, and between trade liberalization and immigration controls. LCDs have to decide whether to export labour or goods, and to accept foreign resources for development rather than migration. While, in the literature, the impact of globalization has been largely studied from specialist perspectives, this volume offers a comprehensive view of the issue. In Globalization of Labour Markets: Challenges, Adjustment and Policy Response in the European Union and Less Developed Countries international experts: Explain the welfare implicat...

  2. LE STAZIONI DI APPRENDIMENTO: ESEMPI DIDATTICI PER UN APPROCCIO DI TIPO GLOBALE ALL’INSEGNAMENTO DELLA LINGUA ITALIANA A STRANIERI

    Directory of Open Access Journals (Sweden)

    Antonietta Gobbis

    2015-02-01

    Full Text Available Il metodo, che si rifà alle teorie pedagogiche di Maria Montessori (1870-1952, è un esempio di lezione “aperta” fondato su pratiche che attivano la sfera emozionale, sensoriale e relazionale oltre a quella logico-razionale della mente. Nel processo di apprendimento di conoscenze acquisite non solo attraverso l’ascolto delle parole dell’insegnante, ma anche attraverso esperienze scelte autonomamente e consapevolmente da soli e in gruppo, l’ambiente delle stazioni didattiche offre tutto il materiale di sviluppo cognitivo in maniera che sia liberamente fruibile dal discente per favorirne la socializzazione e l’autonomia (secondo il motto di Maria Montessori ‘Aiutami a fare da solo’. A lezione esse non solo offrono varietà, comunicazione e divertimento ma, e in ciò è il loro massimo pregio, differenziazione interna al gruppo degli studenti, che possono, senza alcuna pressione da parte dei compagni, lavorare al proprio ritmo e livello scegliendogli esercizi secondo le preferenze individuali lungo un percorso aperto a canali diversi di apprendimento e orientato ad un vivace interscambio con gli altri.Il nostro contributo fa riferimento a tre esempi di stazioni didattiche legate alle feste che più richiamano l’attenzione degli studenti stranieri sul nostro paese: il Natale e il Carnevale. Tali tematiche mostrano come il modello della stazioni didattiche riesca a rapportarsi al vissuto degli studenti motivandoli al raffronto interculturale. Le abbiamo sperimentate in gruppi di studenti dell’Università delle Lingue Mondiali di Tashkent che frequentano il primo e secondo anno del corso di Italiano, studiato come seconda lingua.   Learning stations: didactic examples for a global teaching method This method, based on Maria Montessori’s educational theories, is an example of “open” lessons based on activities that activate emotions, senses and relationships, besides logic and reason. In the learning process knowledge is

  3. Pharmaceutical digital marketing and governance: illicit actors and challenges to global patient safety and public health

    Science.gov (United States)

    2013-01-01

    Background Digital forms of direct-to-consumer pharmaceutical marketing (eDTCA) have globalized in an era of free and open information exchange. Yet, the unregulated expansion of eDTCA has resulted in unaddressed global public health threats. Specifically, illicit online pharmacies are engaged in the sale of purportedly safe, legitimate product that may in fact be counterfeit or substandard. These cybercriminal actors exploit available eDTCA mediums over the Internet to market their suspect products globally. Despite these risks, a detailed assessment of the public health, patient safety, and cybersecurity threats and governance mechanisms to address them has not been conducted. Discussion Illicit online pharmacies represent a significant global public health and patient safety risk. Existing governance mechanisms are insufficient and include lack of adequate adoption in national regulation, ineffective voluntary governance mechanisms, and uneven global law enforcement efforts that have allowed proliferation of these cybercriminals on the web. In order to effectively address this multistakeholder threat, inclusive global governance strategies that engage the information technology, law enforcement and public health sectors should be established. Summary Effective global “eHealth Governance” focused on cybercrime is needed in order to effectively combat illicit online pharmacies. This includes building upon existing Internet governance structures and coordinating partnership between the UN Office of Drugs and Crime that leads the global fight against transnational organized crime and the Internet Governance Forum that is shaping the future of Internet governance. Through a UNODC-IGF governance mechanism, investigation, detection and coordination of activities against illicit online pharmacies and their misuse of eDTCA can commence. PMID:24131576

  4. Pharmaceutical digital marketing and governance: illicit actors and challenges to global patient safety and public health.

    Science.gov (United States)

    Mackey, Tim K; Liang, Bryan A

    2013-10-16

    Digital forms of direct-to-consumer pharmaceutical marketing (eDTCA) have globalized in an era of free and open information exchange. Yet, the unregulated expansion of eDTCA has resulted in unaddressed global public health threats. Specifically, illicit online pharmacies are engaged in the sale of purportedly safe, legitimate product that may in fact be counterfeit or substandard. These cybercriminal actors exploit available eDTCA mediums over the Internet to market their suspect products globally. Despite these risks, a detailed assessment of the public health, patient safety, and cybersecurity threats and governance mechanisms to address them has not been conducted. Illicit online pharmacies represent a significant global public health and patient safety risk. Existing governance mechanisms are insufficient and include lack of adequate adoption in national regulation, ineffective voluntary governance mechanisms, and uneven global law enforcement efforts that have allowed proliferation of these cybercriminals on the web. In order to effectively address this multistakeholder threat, inclusive global governance strategies that engage the information technology, law enforcement and public health sectors should be established. Effective global "eHealth Governance" focused on cybercrime is needed in order to effectively combat illicit online pharmacies. This includes building upon existing Internet governance structures and coordinating partnership between the UN Office of Drugs and Crime that leads the global fight against transnational organized crime and the Internet Governance Forum that is shaping the future of Internet governance. Through a UNODC-IGF governance mechanism, investigation, detection and coordination of activities against illicit online pharmacies and their misuse of eDTCA can commence.

  5. 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.

  6. Navigating through the competitive global Android smart phone market, case study on OnePlus

    OpenAIRE

    Arike, Allar

    2015-01-01

    As the global smartphone market matures, most former major players have found their selves either obsolete or on the verge of becoming obsolete. This has allowed smaller and more nimble players such as OnePlus to emerge to the scene. Producing products with the same specifications than Samsung or HTC, OnePlus has managed to bring price down to half of the competitors offering. OnePlus, a Chinese company, founded in December 2013 has managed to achieve global sales of over 1.5 million unit...

  7. Development of Indonesia Halal Agroindustry Global Market in ASEAN: Strategic Assesment

    Directory of Open Access Journals (Sweden)

    Fajar Surya Ari Anggara

    2017-06-01

    Full Text Available With the opening of AEC at the end of 2015, ASEAN became one of the largest markets in the world with a population of 633 million. Agroindustry is one of the most important sectors in ASEAN for Global Halal Market. Therefore, Indonesia needs to identify other segments or industries that can re-energize halal agroindustry of the country. This paper discusses the overlooked halal food segment in Indonesia as a catalyst in developing other potential sectors, in line with rapid globalization and internationalization. Using content analysis from various literatures, this exploratory study focuses on the past and current situation of halal food segment, and how its development can potentially affect growing sectors such as tourism and education in Indonesia. A SWOT analysis was conducted to summarize the country’s internal (strengths and weaknesses and external (opportunities and threats issues in branding itself.

  8. Logistics Concepts at the Industrial Enterprise under Conditions of the Globalization of Markets

    Directory of Open Access Journals (Sweden)

    Trushkina Nataliia V.

    2016-08-01

    Full Text Available The aim of the article is to assess the dynamics of indicators of Ukraine’s foreign trade in goods and services; conduct a comparative analysis of logistics concepts used at industrial enterprises under conditions of the globalization of markets; determine the ways to improve the management of international production and distribution activities of industrial enterprises. The study analyzes the dynamics of volumes of exports–imports of goods and transport services in Ukraine; freight traffic by mode of transport; export, import and transit of goods; foreign direct investment from countries of the world in the Ukrainian economy. Modern information systems and logistics concepts used at industrial enterprises under conditions of the globalization of markets are considered. The ways to improve the management of international production and distribution activities of industrial enterprises are defined and systematized. Prospects for further research in this direction are the development of proposals for information support of providing services for customers of the industrial enterprise.

  9. The EU as a global ecological power: The logics of market integration

    International Nuclear Information System (INIS)

    Laurent, Eloi; Le Cacheux, Jacques

    2010-05-01

    In this paper, we try to show how the EU became a global ecological power, i.e. a power that influences environmental policies throughout the world. While the existing literature stresses the significance of normative power, regulatory politics and multi-level governance in this process, we highlight the importance of what we call the logics of market integration. By that we mean the decisive role of Single market integration in fostering convergence of environmental policies at the European level as well as in extending European influence at the global level. We illustrate our approach with the case of climate policy, detailing the EU's influence on economic instruments developed worldwide to mitigate climate change. (authors)

  10. The effectiveness of social marketing in global health: a systematic review.

    Science.gov (United States)

    Firestone, Rebecca; Rowe, Cassandra J; Modi, Shilpa N; Sievers, Dana

    2017-02-01

    Social marketing is a commonly used strategy in global health. Social marketing programmes may sell subsidized products through commercial sector outlets, distribute appropriately priced products, deliver health services through social franchises and promote behaviours not dependent upon a product or service. We aimed to review evidence of the effectiveness of social marketing in low- and middle-income countries, focusing on major areas of investment in global health: HIV, reproductive health, child survival, malaria and tuberculosis. We searched PubMed, PsycInfo and ProQuest, using search terms linking social marketing and health outcomes for studies published from 1995 to 2013. Eligible studies used experimental or quasi-experimental designs to measure outcomes of behavioural factors, health behaviours and/or health outcomes in each health area. Studies were analysed by effect estimates and for application of social marketing benchmark criteria. After reviewing 18 974 records, 125 studies met inclusion criteria. Across health areas, 81 studies reported on changes in behavioural factors, 97 studies reported on changes in behaviour and 42 studies reported on health outcomes. The greatest number of studies focused on HIV outcomes (n = 45) and took place in sub-Saharan Africa (n = 67). Most studies used quasi-experimental designs and reported mixed results. Child survival had proportionately the greatest number of studies using experimental designs, reporting health outcomes, and reporting positive, statistically significant results. Most programmes used a range of methods to promote behaviour change. Programmes with positive, statistically significant findings were more likely to apply audience insights and cost-benefit analyses to motivate behaviour change. Key evidence gaps were found in voluntary medical male circumcision and childhood pneumonia. Social marketing can influence health behaviours and health outcomes in global health; however evaluations

  11. TRENDS IN THE DEVELOPMENT OF MARKETING COMMUNICATIONS IN THE GLOBAL INTERACTIVE SPACE

    Directory of Open Access Journals (Sweden)

    N. Kochkina

    2014-09-01

    Full Text Available The article identifies trends in the development of marketing communications in the global interactive space by analyzing the factors of their functioning and researching motivation of viral audience. It is revealed the prevalence of interactive technologies in today's information space and the growth dynamics of interactive advertising market. It is proved that favorable conditions for marketing communications' functioning forms the basis for the development of viral advertising as an effective communication tool for untraditional impact on potential customers. The popularity of social networks as a major source of viral messages is determined. The motivation of YouTube audience, which provides a resonant video viewing and retransmission, is investigated. Gender and age differences that stipulate communication affect on consumers are identified. Cyclic social consciousness is observed that demands further research of viral audience, including constructing scenarios of viral behavior.

  12. Fair Trade as a Solution for Inequality on the Global Market - Corporate Perspective

    OpenAIRE

    Sandra Lovric

    2016-01-01

    New alternatives to free trade are evolving at the global market; their aim is to bring more ethics and morality into the relations between the trading parties (producers, corporations and buyers). This article analyses one of such alternatives i.e. Fair Trade from the perspective of influencing change of corporate politics. Due to the rising awareness of buyers about the origin of goods and the initiatives of forcing corporations into changing their practices based on unethica...

  13. The role of trust and leadership in the global marketing driven organization

    OpenAIRE

    Chmielewski, Krzysztof J.

    2011-01-01

    The role of trust and leadership in the global marketing driven organization is discussed in this paper. The author analyzed the essence of trust, levels of trust, performance effects of trust and challenges of trust. Further, the characteristics of leadership is described as well as the essence of leadership. Current challenges facing this topic are analyzed and trends for the near future are indicated. Moreover, the author discusses the main impacts which will drive leadership in the future...

  14. Increasing Brand Awareness for a Born Global Through Social Media Marketing

    OpenAIRE

    Amblard, Johanna

    2016-01-01

    Increasing the brand awareness and recognition among the consumers is one of the most important steps for a start-up, operating in the global business environment, where the competition is intense and risks are high. The lack of funds, personnel, experience, knowledge and managerial skills in the international business environment however limits the company’s choices in terms of strategies chosen. Especially the lack of funds has a direct impact on the marketing strategy chosen through which ...

  15. Integrated Marketing Strategies of German Companies : Start-Ups vs. Global Brands

    OpenAIRE

    Kostin, Irina

    2016-01-01

    The purpose of this bachelor's thesis is to find out and analyze different marketing strategies of German fashion companies. The main part is comparing relatively young start-up companies to established companies and analyzing to what extent the strategies differ. The methodology used in this paper were semi-structured expert interviews with German start-up companies. The results were analyzed and compared to the secondary research on the big global German companies. The findings showed that ...

  16. Comprehensive and market-based approaches to global-change policy

    International Nuclear Information System (INIS)

    Stewart, R.B.

    1992-01-01

    The summary highlights the need to take a system-wide approach to global change. The need to minimize costs while achieving environmental goals suggests the utility of employing market-based incentives that (1) ensure that the most is achieved by those who can do so at least cost and (2) encourage, innovation, rather than using 'command-and-control' tactics that mandate uniform adoption of centrally selected techniques. 18 refs

  17. Photovoltaic energy: global market perspectives; Energia fotovoltaica: perspectivas de mercado mundial

    Energy Technology Data Exchange (ETDEWEB)

    Moreira, Jose G.S.; Fabrizy, Marie P. [Sao Paulo Univ., SP (Brazil). Inst. de Eletrotecnica e Energia

    1996-12-31

    The global market of the solar photovoltaic energy has been mainly concentrated in the residential sector. However, there is a strong tendency to apply solar photovoltaic panels linked to the utilities power systems. Besides, that is the only case in which an increase in the cells production scale would be justified because it would reduce the production and new technologies research costs 3 figs., 1 tab.; e-mail: gui at iee.usp.br

  18. Does Beta Explain Global Equity Market Volatility – Some Empirical Evidence

    Directory of Open Access Journals (Sweden)

    Radosław Kurach

    2013-06-01

    Full Text Available The purpose of this study is to assess the diversification benefits resulting from international asset allocation. In this study, we examine Capital Asset Pricing Model (CAPM in its international context (ICAPM using the monthly equity returns for 26 countries (18 developed and 8 emerging markets between July 1996 and June 2011 and adopting the US investor’s perspective. We verify the beta-return trade-off employing two approaches: the unconditional trade-off and the conditional relationship. In this latter case, we find the country beta to be a significant variable explaining the cross-country variation of returns. Next, we test the degree of market integration in the light of the ICAPM. The results of this test indicate that country-idiosyncratic risks are generally not priced. In the subsidiary outcomes of our verification procedure, we argue that country betas are time-varying and that currently, global factors are the dominant source of equity market volatility. Consequently, the opinion regarding emerging market assets and their role in global portfolio management should be reconsidered. The results of the entire study may provide essential implications for fund managers because the decreasing international diversification gains have been identified.

  19. Export competitiveness of dairy products on global markets: the case of the European Union countries.

    Science.gov (United States)

    Bojnec, Š; Fertő, I

    2014-10-01

    This paper analyzed the export competitiveness of dairy products of the European Union (EU) countries (EU-27) on intra-EU, extra-EU, and global markets, using the revealed comparative advantage index over the 2000-2011 period. The results indicated that about half of the EU-27 countries have had competitive exports in a certain segment of dairy products. The results differed by level of milk processing and for intra-EU and extra-EU markets, and did so over the analyzed years. Belgium, Denmark, France, Ireland, and the Netherlands are old EU-15 countries with competitive dairy exports (from the lowest to the highest according to the level of milk processing). The majority of the new EU-12 countries have faced difficulties in maintaining their level of export competitiveness, at least for some dairy products and market segments. The more competitive EU-12 countries in dairy exports were the Baltic States (Estonia, Latvia, and Lithuania) and Poland. The duration of export competitiveness differed across the dairy groups of products according to the level of milk processing, indicating the importance of dairy chain product differentiation for export competitiveness and specialization. The export competitiveness of the higher level of processed milk products for final consumption can be significant for export dairy chain competitiveness on global markets. Copyright © 2014 American Dairy Science Association. Published by Elsevier Inc. All rights reserved.

  20. THE GLOBAL MARKET OF SMALL BUSINESSES BY E-COMMERCE PLATFORMS

    Directory of Open Access Journals (Sweden)

    Domenico CONSOLI

    2016-06-01

    Full Text Available Nowadays we live in a global market era. For small businesses (SBs, that do not have financial and human resources, to sell in a big market by an e-commerce platform can be a competitive strategy. The electronic platform can reinforce the weaknesses of an absence of a commercial network to interact with end customers, especially if they live in another country. The platform allows small businesses to operate on the long tail. In fact they can sell also few specific products /services to a large number of people in a global context. Obviously, in economic terms, Small Businesses cannot compete with the big ones that can have most advanced technology and software for information processing. However, for SBs the reduced availability of resources is not an impediment to sell in a global market. Owners of SBs can directley spend and devote part of their free time to support the online sale. Being lean and flexible enterprises they can execute more quickly orders, collected by the website, and therefore the distribution process is more fast. In the paper we describe a research on e-commerce in a small companies sample and in particular an analisys of websites and interviews, in dept, to entrepreneurs.

  1. Discerning urban spiritualities: Tahrir Square, Occupy Wall Street and the idols of global market capitalism

    Directory of Open Access Journals (Sweden)

    Calvyn C. du Toit

    2015-03-01

    Full Text Available Discernment might be said to be a process of searching for meaning in the light of an (un articulated Absolute. This search takes place in the tension between the private and public spheres of life, mostly mitigated by a community. Intermediate communities, such as churches or social movements, construct symbolic spirituality systems for its adherers to search for meaning in the light of an (unarticulated Absolute. The urban events of Occupy Wall Street and Tahrir Square also step into the tension between the public and private spheres of life, creating a (temporary symbolic spirituality system for its adherers. These events were attempts to construct alternatives to the meta-narrative of global market capitalism. As events attempting to symbolise an urban spirituality, Tahrir Square and Occupy Wall Street dissipated rapidly, effecting rather little change at the heart of global market capitalism. This article theorises a possible reason for these urban spiritualities� dissipation, namely an overlap with global market capitalism�s idols of instant gratification and technology.Interdisciplinary Implications: Viewing Occupy Walls Street and Tahrir Square as symbolic systems of spirituality further strengthens theological urban discourse whilst adding weight to viewing mass movements as spiritualities attempting discernment.

  2. The market of human organs: a window into a poorly understood global business.

    Science.gov (United States)

    Surman, O S; Saidi, R; Purtilo, R; Simmerling, M; Ko, D; Burke, T F

    2008-03-01

    The global demand for human organs has set the stage for an exploding and poorly understood global business in human organs. Whenever there is demand for a product, the opportunity for business arises. The form that a business takes is dependent on a complex network of inputs and outputs, each affecting the others. Historically, the details of any specific market are drastically underestimated. Nowhere is this truer than in the market of human organs. The drivers, which propel the "goods" of human organs, form a flourishing business. Critical analysis is essential to understanding of the supply and demand sides and to determine the role of government in regulating the industry. Governmental groups have dismissed formation of a regulated market for organ sales. The concept is nonetheless a topic of active discussion, motivated by the suffering of patients in need of organs and exploitation of the victims of human trafficking. Ethical principles have been invoked on each side of the ensuing debate. Theory in the absence of sufficient data is shaky ground for enactment of new policy. The Aristotelian concept of "practical wisdom" and the pragmatism of William James illuminate the importance of scientific investigation as guide to policy formation. How will stakeholders benefit or lose? What impact might be anticipated in regard to organized medicine's social contract? What can we learn about cross-cultural differences and their effect on the global landscape?

  3. Yield risks in global maize markets: Historical evidence and projections in key regions of the world

    Directory of Open Access Journals (Sweden)

    Nelson B. Villoria

    2018-03-01

    Full Text Available Simultaneous worldwide crop failures stemming from a more unstable climate may reduce the scope for international trade to compensate food shortages and stabilize food prices across the various regions of the world. Understanding the effects of changes in crop productivity on global markets requires knowledge about the extent to which crop yields may be systematically related across producing and consuming centers. This short communication contributes to this knowledge by investigating the potential changes in the strength of two key sources of supply risks in global maize markets: yield variance and cross-country yield correlation. We focus on the largest producing and consuming countries of the world. We capitalize on yield projections from the Global Gridded Crop Model Intercomparison project. Exploratory analysis of the skill of the underlying GGCMI models in reproducing key moments of the distribution of observed yields reveals that they overstate observed variances but faithfully reproduce observed patterns of cross-country correlations. We find no evidence of an increase in the degree of cross-country dependency of maize yields. We also find a higher incidence of what would be considered extremely low maize yields by present-time standards stemming from the projected downward trend in yields levels toward mid-century. The weak dependency of maize yields across countries, an the possibility of reducing the higher incidence of extremes through policies aimed to reverse the climate-induced downward trends in yields, suggest that international trade can become a valuable tool to ameliorate the effects of more unstable crop yields. Keywords: Extremely low yields, Maize markets, Food prices, Agricultural yields, Systemic risk in agriculture, Global agriculture, AgMIP, Global gridded crop model intercomparison

  4. New competition in the world market of nuclear reactors; La nouvelle concurrence sur le marche mondial des reacteurs nucleaires

    Energy Technology Data Exchange (ETDEWEB)

    Finon, D. [Centre National de la Recherche Scientifique (CNRS), CIRED (EHESS et CNRS), 75 - Paris (France)

    2005-06-01

    As nuclear orders are picking up a little, there are strengths competing against one another in the world industry of reactors, an industry that has been deeply affected for twenty years, by the smallness of the market and the reorganization of the electromechanical industry. Competition remains particularly difficult, even though, in terms of exports, national markets in industrialized countries such as the American market and European market are now open to foreign newcomers. One of the reasons of the difficulty is the increased commercial competition based on advanced reactor techniques untested due to strong faith in technology leading to forget the learning difficulties of older reactor types. On a narrow market, demanding and with very specific political interference, the reasoning is not like on an ordinary capital equipment market. Each builder tries to sell by relying on the assets it has in addition to the offered price and related services: industrial reputation and experience that play confusedly when untested advanced reactors are competing with one another, credit terms offered by the State and the government's influence on the market of emerging economies, the backing o the State's financial insurance in the event of risks taken in the sale of turnkey untested reactors. In the competition of the five manufacturers in the export market, American builders do not seem to have the best place, though even the leading position of Framatome ANP shows some limits. (author)

  5. Long-range dependence in returns and volatility of global gold market amid financial crises

    Science.gov (United States)

    Omane-Adjepong, Maurice; Boako, Gideon

    2017-04-01

    Using sampled historical daily gold market data from 07-03-1985 to 06-01-2015, and building on a related work by Bentes (2016), this paper examines the presence of long-range dependence (LRD) in the world's gold market returns and volatility, accounting for structural breaks. The sampled gold market data was divided into subsamples based on four global crises: the September 1992 collapse of the European Exchange Rate Mechanism (ERM), the Asian financial crisis of mid-1997, the Subprime meltdown of 2007, and the recent European sovereign debt crisis, which hit the world's market with varying effects. LRD test was carried-out on the full-sample and subsample periods using three semiparametric methods-before and after adjusting for structural breaks. The results show insignificant evidence of LRD in gold returns. However, very diminutive evidence is found for periods characterized by financial/economic shocks, with no significant detections for post-shock periods. Collectively, this is indicative that the gold market is less speculative, and hence could be somehow less risky for hedging and portfolio diversification.

  6. The global market, that's the intention; Der Weltmarkt ist das Ziel

    Energy Technology Data Exchange (ETDEWEB)

    Kublik, F. [Shell Solar (Global), Amsterdam (Netherlands); Deutsche Shell AG, Hamburg (Germany). Bereich Regenerative Energien

    2000-07-01

    The author of the paper is Dr. Frithjof Kublik, Vice President of Shell Solar (Global) and division manager 'Renewable Energies' of the German Shell AG. He discusses very comprehensively the results of a study performed on behalf of the Shell company. The study encompasses two scenarios based on the same predicted growth of the global human population from 1999 until 2060, and the resulting global demand for energy, but assuming different levels of market penetration and technological development of power generation from RES. Their respective final energy balance statements are very different. The scenario 'sustainable development' predicts market shares of renewable energy sources up to 50% of global demand, whereas the scenario 'dematerialization' predicts a maximum of 30%. (orig./CB) [German] Der Beitrag erlaeutert eine Studie der Firma Shell AG, die zwei Szenarien - 'Nachhaltiges Wachstum' und 'Dematerialisierung'- umfasst. Beide Szenarien gehen von der gleichen Bevoelkerungsentwicklung (zehn Milliarden Menschen im Jahre 2060, gegenueber fuenf Milliarden in 1990) und von dem gleichem Wirtschaftswachstum (drei Prozent pro Jahr) aus, die Energiebilanz sieht jedoch unterschiedlich aus. In beiden Szenarien werden sich die regenerativen Energien im Rahmen eines Reifeprozesses weiterentwickeln, indem sie zunaechst Marktnischen besetzen und sich dann mit unterschiedlichem Erfolg im Markt durchsetzen. Im Szenario 'Nachhaltiges Wachstum' geht die Studie davon aus, dass Produktivitaetsfortschritte bei der Energiebereitstellung zu einem erheblichen Angebot an regenerativen Energietraegern fuehren wird (bis zu 50% des Weltbedarfs). (orig./CB)

  7. Causal relationship between the global foreign exchange market based on complex networks and entropy theory

    International Nuclear Information System (INIS)

    Cao, Guangxi; Zhang, Qi; Li, Qingchen

    2017-01-01

    Highlights: • Mutual information is used as the edge weights of nodes instead of PCC, which overcomes the shortcomings of linear correlation functions. • SGD turns into a new cluster center and gradually becomes a point connecting the Asian and European clusters during and after the US sub-prime crisis. • Liang's entropy theory, which has not been adopted before in the global foreign exchange market, is considered. - Abstract: The foreign exchange (FX) market is a typical complex dynamic system under the background of exchange rate marketization reform and is an important part of the financial market. This study aims to generate an international FX network based on complex network theory. This study employs the mutual information method to judge the nonlinear characteristics of 54 major currencies in international FX markets. Through this method, we find that the FX network possesses a small average path length and a large clustering coefficient under different thresholds and that it exhibits small-world characteristics as a whole. Results show that the relationship between FX rates is close. Volatility can quickly transfer in the whole market, and the FX volatility of influential individual states transfers at a fast pace and a large scale. The period from July 21, 2005 to March 31, 2015 is subdivided into three sub-periods (i.e., before, during, and after the US sub-prime crisis) to analyze the topology evolution of FX markets using the maximum spanning tree approach. Results show that the USD gradually lost its core position, EUR remained a stable center, and the center of the Asian cluster became unstable. Liang's entropy theory is used to analyze the causal relationship between the four large clusters of the world.

  8. A Case Study Approach On Indian Companies And Global Companies Entry In Foreign Markets An Analysis Of Glocalization Strategies

    OpenAIRE

    Fernandes, Semila

    2013-01-01

    The present paper involved a study on Glocal communication strategy adopted by select global companies while foraying into India and Indian companies foray into the foreign markets. Glocalization concept in specific terms implies Think Global and Act Local which has been developed through Japanese business practices. The requirement of this global localization idea arrived in the late 1980s to bridge the gap between local, regional, national, global management of the businesses 20.PROBLEM STA...

  9. Le déploiement d'une capacité d'Open Marketing dans une organisation marketing : analyse selon une approche par les ressources, les capacités et les compétences marketing

    OpenAIRE

    Moraux, Hélène

    2014-01-01

    Marketing has been given a strong interface and connection role within the literature, creating the assumption of a naturally “open” marketing. However, specifically, the opening of the marketing organization is not so obvious. In a theoretical paper, Day (2011) introduces the Open Marketing concept, defined as a capability to open the marketing organization to partners’ networks so as to gain marketing insights and capabilities in order to enrich the firm’s marketing. The concept is interest...

  10. PREDICTION AND ANALYSIS OF SLOVAKIAN TIMBER TRADE ON GLOBAL MARKET CONDITIONS

    Directory of Open Access Journals (Sweden)

    Miloš Gejdoš

    2017-11-01

    Full Text Available In Slovakian forestry the main source of finance is the wood sale. The main aim of this paper is to evaluate the assortments supply structure (quality management, prices development for the coniferous sawlogs and to set the future prediction of this development in new global market conditions, which are affected mainly by the global climate changes. Price changes were analysed for the period of the years from 2000 to March 2016 for the spruce and fir sawlogs. Data about the volume supply of raw-wood assortments in Slovakia for years 2005-2014 were collected from “Green Reports“ published by the Ministry of Agriculture and Rural Development of the Slovak Republic. From the influence factors in the studied period, the biggest impact was assigned to the global economic crisis. The prediction captures the further decline of prices of raw-wood assortments. In the second half of the year 2016 the price of sawlogs decreased by € 4 per 1 m3. Local impacts, the structure of wood processors and specific trade area in Slovakia affected substantially the structure of assortments on Market. There is also some space for a better evaluation of harvested wood.

  11. GLOBAL IMAGE HEGEMONY: Istanbul’s Gated Communities as the New Marketing Icons

    Directory of Open Access Journals (Sweden)

    Gözde Kan Ülkü

    2013-07-01

    Full Text Available In this paper we investigated how marketing strategies of the developing consumer  society has affected housing production in Istanbul as a corollary development of globalization in Turkey. We aim to analyze marketing strategies as active agents that shape the design of emerging gated communities in Istanbul through advertising media based on the theme of ‘an ideal life style,’ in the form of TV commercials, newspaper ads, publicity brochures etc. We focus on the representation and dissemination of this elusive ‘ideal’ to the public via the advertising campaigns of these housing settlements. Therefore the cases studied in the paper concentrates on the Turkish architectural scene after 1990, when consumer culture’s most significant impacts on architectural products are observed. Marketing of a new type of suburbanization in Turkey is concomitant with the rise of a new middle class having a high purchasing power and these housing projects are marketed via life style characteristics ‘desired’ by this class.

  12. Perspectives on the Market Globalization of Korean Herbal Manufacturers: A Company-Based Survey.

    Science.gov (United States)

    Kim, Dongsu; Ahn, Miyoung; Jung, Jeeyoun; Kwon, Soohyun; Park, Eun-Ji; Koo, Ki Hoon; Woo, Jong-Min

    2015-01-01

    The growth of herbal markets has increased substantially in South Korea, but the worldwide market share remains small despite significant governmental efforts. This study aimed to characterize manufacturing employment and identify employees' general perceptions of market expansion. A survey study covering 567 companies was conducted using face-to-face interviews in 2012. Data were analyzed using comparisons among three manufacturing groups (i.e., the herbal dietary supplement manufacturing group, the herbal medicine manufacturing group, and the personal care product manufacturing group) or among the manufacturers themselves. We found that the majority of the manufacturing employee respondents were regular permanent and production workers. The domestic distributors were primarily chain stores/direct outlets or retailers/wholesalers, and the dominant product was red ginseng (hongsam). Although the responding companies exhibited a variety of perspectives, "advertisement/public relations" was cited as the most important factor in the development of the herbal industry. In contrast, "low manpower/seeking business partners" were the most crucial limiting and challenging factors for market globalization. Our results can be used to design a proper national plan by reducing the gaps in perspective between herbal product producers and policy makers.

  13. Perspectives on the Market Globalization of Korean Herbal Manufacturers: A Company-Based Survey

    Science.gov (United States)

    Kim, Dongsu; Ahn, Miyoung; Jung, Jeeyoun; Kwon, Soohyun; Park, Eun-Ji; Koo, Ki Hoon; Woo, Jong-Min

    2015-01-01

    The growth of herbal markets has increased substantially in South Korea, but the worldwide market share remains small despite significant governmental efforts. This study aimed to characterize manufacturing employment and identify employees' general perceptions of market expansion. A survey study covering 567 companies was conducted using face-to-face interviews in 2012. Data were analyzed using comparisons among three manufacturing groups (i.e., the herbal dietary supplement manufacturing group, the herbal medicine manufacturing group, and the personal care product manufacturing group) or among the manufacturers themselves. We found that the majority of the manufacturing employee respondents were regular permanent and production workers. The domestic distributors were primarily chain stores/direct outlets or retailers/wholesalers, and the dominant product was red ginseng (hongsam). Although the responding companies exhibited a variety of perspectives, “advertisement/public relations” was cited as the most important factor in the development of the herbal industry. In contrast, “low manpower/seeking business partners” were the most crucial limiting and challenging factors for market globalization. Our results can be used to design a proper national plan by reducing the gaps in perspective between herbal product producers and policy makers. PMID:26199635

  14. 76 FR 81965 - Remanufactured Goods: An Overview of the U.S. and Global Industries, Markets, and Trade...

    Science.gov (United States)

    2011-12-29

    ... the U.S. and Global Industries, Markets, and Trade; Submission of Questionnaire for OMB Review AGENCY..., Markets, and Trade, instituted under the authority of section 332(g) of the Tariff Act of 1930 (19 U.S.C... leader Alan Treat ( [email protected] or (202) 205-3426) or deputy project leader Jeremy Wise ( jeremy...

  15. Stakeholder management in a multicultural environment : A case-study of a global retailer entering the Russian Market

    OpenAIRE

    Izmaylova, Dinara; Zuccon, Federica

    2011-01-01

    Nowadays, an increasing number of global retailers such as IKEA, Carrefour and Auchan, are expanding their business internationally: internationalization is seen as a way to face competitors as well as to enhance position on the market. In particular, emerging markets are becoming a fertile field for investing resources due to their fast economic development and growing disposable income of the local population. A number of market actors (or stakeholders) affect or are affected by the interna...

  16. GLOBAL WOOD PELLET INDUSTRY AND MARKET – CURRENT DEVELOPMENTS AND OUTLOOK

    Energy Technology Data Exchange (ETDEWEB)

    Thrän, Daniela; Peetz, David; Schaubach, Kay; Trømborg, Erik; Pellini, Alessandro; Lamers, Patrick; Hess, J. Richard; Schipfer, Fabian; Hektor, Bo; Olsson, Olle; Bruce, Lena; Stelte, Wolfgang; Proskurina, Svetlana; Heinimo, Jussi; Benedetti, Luca; Mai-Moulin, Thuy; Junginger, Martin; Craggs, Laura; Wild, Michael; Murray, Gordan; Diaz-Chavez, Rocio; Thiermann, Ute; Escobar, F. J.; Goldemberg, J.; Coelho, S. T.

    2017-06-01

    The wood pellet use in the heating and electricity sector has recorded a steady growth in the last years. IEA bioenergy task 40 carried out an update of the situation on the national pellet markets in the most relevant pellet producing countries and the global development as well. Various country specific data is collected and compiled for more than 30 countries, containing updated information about regulatory framework, production, consumption, price trends, quality standards and trade aspects. The analysis confirmed the positive development in terms of production and consumption of wood pellets in almost all countries. In 2015 more than 26 Mt of wood pellets have been produced and consumed worldwide. Technologies and markets become more mature. Increased international pellet trade needs to be supported by adequate frame condition not only for commerce, but also with regard to sustainability issues.

  17. Key strategic factors for stakeholders in the current global biosimilar market.

    Science.gov (United States)

    Casey, Daniel

    2016-02-01

    What are the strategies of success in the global biosimilar market? In general, originators have short-term options available, such as patent litigation, but should focus on sustainable long-term strategies such as development of biobetters or incorporating biosimilars as complements to existing products. For new entrants to the market, the learning curve will be steep and only biosimilars developed to compete with the best-selling biologics will be successful over the next decade. The attitudes of physicians, patients and payers will be crucial to the reception future biosimilars will receive and it will be essential that other players contribute to this debate. Copyright © 2015 Elsevier Ltd. All rights reserved.

  18. Power Deals. Mergers and acquisitions activity within the global electricity and gas market. 2008 Annual Review

    International Nuclear Information System (INIS)

    2009-01-01

    2008 was the year in which power deal values came down from their record-breaking highs of the two preceding years as the financial crisis and a number of market uncertainties had a negative impact on deal activity. Nonetheless, total deal numbers leapt by 24% as companies concentrated on smaller deals and took advantage of new opportunities that arose in the changed market conditions. Europe was least affected by the downturn in deal values and accounted for over half of all bidder and target power deal value. In contrast, power deals in Australia, which had previously been a main motor of growing M and A activity in the Asia Pacific region, virtually stalled as uncertainty over new carbon emission policies combined with the financial crisis to deter deal flow. In North America, like Europe, big deals were fewer but underlying deal activity was comparable with previous years. This report examines the rationale behind the overall trends and the key individual deals. We also highlight, in a series of deal dialogues throughout the report, some of the critical issues for companies engaging in deal activity within the sector, drawing on our global experience as an adviser to players in major deals throughout the sector in all key electricity and gas utilities markets. Looking to the future, the easing of the financial crisis will be key to deal flow but the near-term outlook looks less robust than the recent past, especially as debt markets will be further constrained by calls from the public financing required to support government bail-out programmes. Set against this, the underlying imperatives of consolidation, supply security and capitalisation remain in place and will create increasing pent-up deal demand. A lower energy price environment will change the metrics for more expensive cleaner power assets, placing an even higher importance on the outcome of global climate talks and the run-up to the December 2009 UN Climate Summit in Copenhagen

  19. Power Deals. Mergers and acquisitions activity within the global electricity and gas market. 2008 Annual Review

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-01-15

    2008 was the year in which power deal values came down from their record-breaking highs of the two preceding years as the financial crisis and a number of market uncertainties had a negative impact on deal activity. Nonetheless, total deal numbers leapt by 24% as companies concentrated on smaller deals and took advantage of new opportunities that arose in the changed market conditions. Europe was least affected by the downturn in deal values and accounted for over half of all bidder and target power deal value. In contrast, power deals in Australia, which had previously been a main motor of growing M and A activity in the Asia Pacific region, virtually stalled as uncertainty over new carbon emission policies combined with the financial crisis to deter deal flow. In North America, like Europe, big deals were fewer but underlying deal activity was comparable with previous years. This report examines the rationale behind the overall trends and the key individual deals. We also highlight, in a series of deal dialogues throughout the report, some of the critical issues for companies engaging in deal activity within the sector, drawing on our global experience as an adviser to players in major deals throughout the sector in all key electricity and gas utilities markets. Looking to the future, the easing of the financial crisis will be key to deal flow but the near-term outlook looks less robust than the recent past, especially as debt markets will be further constrained by calls from the public financing required to support government bail-out programmes. Set against this, the underlying imperatives of consolidation, supply security and capitalisation remain in place and will create increasing pent-up deal demand. A lower energy price environment will change the metrics for more expensive cleaner power assets, placing an even higher importance on the outcome of global climate talks and the run-up to the December 2009 UN Climate Summit in Copenhagen.

  20. Barbarisation moderne des guerres dans l’empire global : le paradigme de la guerre de banlieue

    Directory of Open Access Journals (Sweden)

    Alain Joxe

    2005-04-01

    Full Text Available Alain Joxe entend quant à lui partir du champ stratégique (vs juridique, psychologique, politique, social, religieux, d’où sa proposition d’un examen d’« identités stratégiques » (identités préconstituées des forces en présence projetées dans un temps long d’avant le combat pourvues elles-mêmes de « modules génétiques » de leurs représentations (par exemple Gilgamesh et où comptent les échelles d’organisation de la protection (la fixation des échelles étant un moyen de donner un lieu aux mutations importantes qui rapprochent de la barbarisation. Il s’interroge sur le fait que nous soyons ou non aujourd’hui à un moment de « rupture systémique ». Les États-Unis depuis la chute du mur constituent un nouvel empire dans la mesure où, pour la première fois, il peut apparaître comme « unique ». Sous Bill Clinton, cet empire d’abord économique n’était pas stratégiquement fondé sur l’existence de « barbares » dans un « ailleurs » quelconque et était donc dépourvu de limes, ce qui est en train de changer avec George W. Bush par la redéfinition d’un ennemi déterminé et présent. Le nouveau militarisme américain relève d’une régression vers une nouvelle territorialisation liée à la perte initiale de l’ennemi, d’où une contradiction du point de vue des échelles entre la conquête du monde par le capital et le maintien d’une présence militaire délimitée, sans pour autant que n’émerge une représentation claire de la sécurité des États-Unis ni une pensée claire de ce que peut être dans ce cas la fonction de protection de l’État. L’horizon est celui de la reconstitution d’une périphérie barbare dans un monde pourtant dépourvu de limes (cf. paradigme de la guerre de banlieue, la création d’un ennemi étant nécessaire pour réaffirmer lele protecteur de l’État. La logique de la nouvelle guerre asymétrique du fort au faible fait que la

  1. Globalization

    OpenAIRE

    F. Gerard Adams

    2008-01-01

    The rapid globalization of the world economy is causing fundamental changes in patterns of trade and finance. Some economists have argued that globalization has arrived and that the world is “flat†. While the geographic scope of markets has increased, the author argues that new patterns of trade and finance are a result of the discrepancies between “old†countries and “new†. As the differences are gradually wiped out, particularly if knowledge and technology spread worldwide, the t...

  2. The Newsvendor Problem in a Global Market: Optimal Centralized and Decentralized Control Policies for a Two-Market Stochastic Inventory System

    OpenAIRE

    Panagiotis Kouvelis; Genaro J. Gutierrez

    1997-01-01

    The global markets of today offer to the "style goods" producer more selling opportunities and pose new challenges in production planning and coordination. From a production management standpoint the opportunity to exploit the difference in timing of the selling season of geographically dispersed markets for "style goods" is important for improving the firm's profitability. In this paper we examine the above issue with an insightful model of a producer of "style goods" selling the goods to tw...

  3. 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...

  4. Asymmetric impacts of global risk appetite on the risk premium for an emerging market

    Science.gov (United States)

    Kanlı, İbrahim Burak

    2008-05-01

    This paper analyzes the impact of global risk appetite on the risk premium utilizing high-frequency data. Taking the Turkish economy as our laboratory, we find that the risk premium volatility responds only to a worsening in the risk appetite for the Turkish economy, which is a result that we do not observe for the other emerging markets. Then, we investigate the role of current account dynamics on this asymmetric effect, by focusing also on an economy with similar current account performance. The empirical results find supporting evidence for the role of current account dynamics on the estimated asymmetry.

  5. Class and ethnicity in the global market for organs: the case of Korean cinema.

    Science.gov (United States)

    Garden, Rebecca; Yoo Murphree, Hyon Joo

    2007-12-01

    While organ transplantation has been established in the medical imagination since the 1960s, this technology is currently undergoing a popular re-imagination in the era of global capitalism. As transplantation procedures have become routine in medical centers in non-Western and developing nations and as organ sales and transplant tourism become increasingly common, organs that function as a material resource increasingly derive from subaltern bodies. This essay explores this development as represented in Korean filmmaker Park Chan-wook's 2002 Sympathy for Mr. Vengeance, focusing on the ethnic and class characteristics of the global market in organs and possible modes of counter-logic to transplant technologies and related ethical discourses.

  6. The impact of the financial crisis on the global seaborne hard coal market. Are there implications for the future?

    Energy Technology Data Exchange (ETDEWEB)

    Rademacher, Maggi; Braun, Raphael [E.ON Kraftwerke GmbH, Hannover (Germany)

    2011-06-15

    The global financial crisis in 2008 sent commodity markets spinning which caused demand to erode, price levels to quickly plummet and project financing costs to rise. In this paper, the authors examine the impacts the economic slowdown has had on the global seaborne hard coal market looking at the impacts for both coking (metallurgical) and thermal (steam) coals including pricing, supply availability, demand and aggregated mine level production costs. The hard coal market experienced a significant slow down; the commodity has bounced back strongly in 2010 driven by strong Asian demand at growth rates above historic levels and strong projections for the future. (orig.)

  7. Power exchanges in the German market: an initial assessment; Bourses d'electricite sur le marche Allemand - premieres evaluations

    Energy Technology Data Exchange (ETDEWEB)

    Dinko, Raytchev [Universite de Montesquieu Bordeaux-4, Lab. d' Analyse et de Recherche en Economie-Economie et Finance Internationales LAREefi, 33 (France)

    2002-11-01

    The emergence of power exchanges is one of the key phenomena accompanying the liberation of the electricity industry. Apart from the Nordic countries, this is a recent event, especially for the countries of continental Europe. In this study, we will be focusing on the German electricity market for several reasons. Firstly, Germany has the largest market for electrical power in Europe. As the electricity sector is in the process of opening up to competition, this country is one of the 'good pupils' in the field of electrical deregulation. Next, it is a good idea to draw up an initial overview of the German experience following the launch on 27.11.2001 of an organised market in France (the PowerNext exchange). Currently, there are three exchanges able to negotiate contracts in the German hub: the Amsterdam Power Exchange (APX), the European Energy (EEX) and the Leipzig Power Exchange (LPX). The exchanges were created between May 1999 (APX) and August 2000 (EEX). They are in a situation of direct competition in the German market. This competition is particularly keen since the three players are well aware of the challenge at stake: becoming the leading exchange for the German market and (possibly) in a future integrated European market. The announcement of a merger between LPX and EEX in 2002 (published on 26.10.2001 on the sites of both exchanges) underlines the importance of these strategic issues. The purpose of this work is to carry out an assessment of the three exchanges during their first months in existence. Using an econometric analysis, we offer conclusions concerning the capacity of these exchanges to supply a reference price. The opportunities for arbitration are also examined. Despite the difficulties of the market launches, the exchanges have successfully maintained a certain degree of coherence in their prices and may now sit back a little and plan their expansion. It is difficult at this stage to see who the eventual 'winner' will

  8. A view of the global conservation job market and how to succeed in it.

    Science.gov (United States)

    Lucas, Jane; Gora, Evan; Alonso, Alfonso

    2017-12-01

    The high demand for conservation work is creating a need for conservation-focused training of scientists. Although many people with postsecondary degrees in biology are finding careers outside academia, many programs and mentors continue to prepare students to follow-in-the-footsteps of their professors. Unfortunately, information regarding how to prepare for today's conservation-based job market is limited in detail and scope. This problem is complicated by the differing needs of conservation organizations in both economically developed and developing regions worldwide. To help scientists identify the tools needed for conservation positions worldwide, we reviewed the current global conservation job market and identified skills required for success in careers in academia, government, nonprofit, and for-profit organizations. We also interviewed conservation professionals across all conservation sectors. Positions in nonprofit organizations were the most abundant, whereas academic jobs were only 10% of the current job market. The most common skills required across sectors were a strong disciplinary background, followed by analytical and technical skills. Academic positions differed the most from other types of positions in that they emphasized teaching as a top skill. Nonacademic jobs emphasized the need for excellent written and oral communication, as well as project-management experience. Furthermore, we found distinct differences across job locations. Positions in developing countries emphasized language and interpersonal skills, whereas positions in countries with advanced economies focused on publication history and technical skills. Our results were corroborated by the conservation professionals we interviewed. Based on our results, we compiled a nondefinitive list of conservation-based training programs that are likely to provide training for the current job market. Using the results of this study, scientists may be better able to tailor their training to

  9. Model rules and regulations for a global CO2 emissions credit market

    International Nuclear Information System (INIS)

    Sandor, R.L.; Cole, J.B.; Kelly, M.E.

    1994-01-01

    On 21 April 1993, on the occasion of Earth Day, the United States affirmed its commitment to reducing emissions of greenhouse gases to their 1990 levels by the year 2000. In doing so, the United States joined the European Union (EU), Japan, and approximately 141 other countries that had either committed themselves to this international objective or subscribed to the general principles contained in the United Nations Framework Convention on Climate Change, signed at UNCED, Rio de Janeiro, June 1992. The commitment of these three trading groups provides the basis for recommending that a market for tradeable carbon dioxide (CO 2 ) emission entitlements among these groups be implemented as soon as an initial set of rules and regulations can be drafted. The goal of a tradeable CO 2 entitlement or credit market is to lower the cost of limiting emissions. The Costs of CO 2 emission abatement are lowered because the market encourages more emission reductions to be produced by the most efficient resources. The ability easily to selI CO 2 credits created through large emission cuts allows cost recovery by, and incentives for, the most efficient sources of emission reductions. The purpose of this paper is to stimulate debate by providing model rules and regulations for a tradeable CO 2 emission credit market. The trading rules and regulations proposed here are meant to initiate a process whereby participants will iterate toward a final set of rules and regulations. Therefore, our proposal should create a point of departure for further adjustments and transformation to the initial set of recommendations. A specific proposal will be advanced at this point in order to provide a basis for the conceptualization of this global market. Moreover, this specific proposal will help focus dialogue and may provide insight into the general recommendations presented in the balance of this paper

  10. IMPACT OF GLOBAL ADOPTION OF IFRS ON NIGERIAN STOCK MARKET EFFECTIVENESSNESS

    Directory of Open Access Journals (Sweden)

    Dick Oluku Mukoro

    2012-05-01

    Full Text Available International Financial Reporting Standard (IFRS is a statement of intent to globalize financial standards so as to enable investors move capital and as such enshrine global competitiveness. Nigeria’s case to attract investment through the capital market can be advanced effectively if financial reporting is standardized and adopted. As an impact study, we employed adaptive expectation variant of the autoregressive model and multiple regression technique to study the prospect of Compliance with IFRS and how the Nigerian quoted companies faired in compliance with Nigerian Accounting Standards and its correlation with reporting incentives, idiosyncratic volatilities and stock price informativeness; which more or less indicates their preparedness for global adoption of IFRS in 2012.It is recommended that stiff penalties are required to prepare Nigerian financial environment for the global adoption of IFRS.A clear road map of adoption of IFRS will further drive the much needed foreign investment in-flow and help to brand Nigeria out of the corruption quagmire.

  11. Integration of Financial Markets in Post Global Financial Crises and Implications for British Financial Sector: Analysis Based on A Panel VAR Model

    OpenAIRE

    Nasir, M; Du, M

    2017-01-01

    This study analyses the dynamics of integration among global financial markets in the context of Global Financial Crisis (2008) by employing a Panel Vector Autoregressive (VAR) model on the monthly data of nine countries and three markets from Jan 2003 to Oct 2015. It was found that there has been a shift in the association among the global financial markets since Global Financial Crisis (GFC).Moreover, the British financial sectors in Post-GFC world clearly showed a change in the association...

  12. Global financial crisis and weak-form efficiency of Islamic sectoral stock markets: An MF-DFA analysis

    Science.gov (United States)

    Mensi, Walid; Tiwari, Aviral Kumar; Yoon, Seong-Min

    2017-04-01

    This paper estimates the weak-form efficiency of Islamic stock markets using 10 sectoral stock indices (basic materials, consumer services, consumer goods, energy, financials, health care, industrials, technology, telecommunication, and utilities). The results based on the multifractal detrended fluctuation analysis (MF-DFA) approach show time-varying efficiency for the sectoral stock markets. Moreover, we find that they tend to show high efficiency in the long term but moderate efficiency in the short term, and that these markets become less efficient after the onset of the global financial crisis. These results have several significant implications in terms of asset allocation for investors dealing with Islamic markets.

  13. The global reproductive health market: U.S. media framings and public discourses about transnational surrogacy.

    Science.gov (United States)

    Markens, Susan

    2012-06-01

    During the first decade of the 21st century a new "dramatic story" about the growing global surrogacy industry brought renewed attention to surrogacy as a social problem and a health policy issue. This paper asks: What cultural assumptions about gender, family and the global reproductive health market are revealed in current U.S. media coverage of and public discourses about surrogacy? From a qualitative analysis of prominent news accounts of surrogacy that were published in 2008, New York Times articles and blogs published on the topic between 2006 and 2010, and over 1000 online reader comments to these articles, I identify key frames used to discursively construct and debate the international surrogacy market. This study reveals the distinct contrast between the occasions when reproductive labor is rhetorically distanced from commodification processes and when it is linked to those processes. The findings contribute to intersectional analyses of assisted reproductive practices and women's health/bodies/gametes. In particular, this study's analysis of recent media framings of and public discourses about surrogacy across the globe serves as another illustration that national/classed/racialized bodies continue to be reproductively stratified via differently gendered discourses about women, motherhood and family. Copyright © 2011 Elsevier Ltd. All rights reserved.

  14. Impact of BRICS' investment in vaccine development on the global vaccine market.

    Science.gov (United States)

    Kaddar, Miloud; Milstien, Julie; Schmitt, Sarah

    2014-06-01

    Brazil, the Russian Federation, India, China and South Africa--the countries known as BRICS--have made considerable progress in vaccine production, regulation and development over the past 20 years. In 1993, all five countries were producing vaccines but the processes used were outdated and non-standardized, there was little relevant research and there was negligible international recognition of the products. By 2014, all five countries had strong initiatives for the development of vaccine technology and had greatly improved their national regulatory capacity. South Africa was then the only BRICS country that was not completely producing vaccines. South Africa is now in the process of re-establishing its own vaccine production and passing beyond the stage of simply importing, formulating and filling vaccine bulks. Changes in the public sector's price per dose of selected vaccines, the global market share represented by products from specific manufacturers, and the attractiveness, for multinational companies, of partnership and investment opportunities in BRICS companies have all been analysed. The results indicate that the BRICS countries have had a major impact on vaccine price and availability, with much of that impact attributable to the output of Indian vaccine manufacturers. China is expected to have a greater impact soon, given the anticipated development of Chinese vaccine manufacturers in the near future. BRICS' accomplishments in the field of vaccine development are expected to reshape the global vaccine market and accelerate access to vaccines in the developing world. The challenge is to turn these expectations into strategic actions and practical outcomes.

  15. Power Deals. Mergers and acquisitions activity within the global electricity and gas market. 2010 Annual Review

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-02-15

    The global power deal market is finally seeing an upward trend in momentum from the lows reached in 2009, with the total deal value in the non-renewable electricity and gas sectors up 19% year on year from USD 97.6bn to USD 116bn in 2010 - a year which also saw an end to the deal stalemate in the US with a renewed deal flow that looks set to continue this year. Compared to the heady mountain of power deals transacted between 2005-2008, deal values remain low but conditions are in place for a return at least to the foothills of these peaks, according to PwC's annual Power Deals review. Globalisation of the power sector is moving forward on a number of fronts with, for example, companies looking at gaining a larger presence in growth markets, acquisitions of global network asset portfolios with strong international interest in infrastructure assets and signs of greater Chinese involvement, not just from grid companies but also independent power producers.

  16. Perspectives of the electric power industry amid the transforming global power generation markets

    Science.gov (United States)

    Makarov, A. A.; Mitrova, T. A.; Veselov, F. V.; Galkina, A. A.; Kulagin, V. A.

    2017-10-01

    A scenario-based prognosis of the evolution of global power generation markets until 2040, which was developed using the Scaner model-and-information complex, was given. The perspective development of fuel markets, vital for the power generation industry, was considered, and an attempt to predict the demand, production, and prices of oil, gas, coal, and noncarbon resources across various regions of the world was made. The anticipated decline in the growth of the global demand for fossil fuels and their sufficiency with relatively low extraction expenses will maintain the fuel prices (the data hereinafter are given as per 2014 prices) lower than their peak values in 2012. The outrunning growth of demand for electric power is shown in comparison with other power resources by regions and large countries in the world. The conditions of interfuel competition in the electric power industry considering the changes in anticipated fuel prices and cost indicators for various power generation technologies were studied. For this purpose, the ratios of discounted costs of electric power production by new gas and coal TPPs and wind and solar power plants were estimated. It was proven that accounting the system effects (operation modes, necessary duplicating and reserving the power of electric power plants using renewable energy sources) notably reduces the competitiveness of the renewable power industry and is not always compensated by the expected lowering of its capital intensity and growth of fuel for TPPs. However, even with a moderate (in relation to other prognoses) growth of the role of power plants using renewable energy sources, they will triple electric power production. In this context, thermal power plants will preserve their leadership covering up to 60% of the global electric power production, approximately half using gas.

  17. Specific Features of Transport Market Characterising the Interrelation of Logistics, Global Distribution and Traffic

    Directory of Open Access Journals (Sweden)

    Teodor Perić

    2002-11-01

    Full Text Available If we acknowledge the role of traffic as active leaderof the sustainable economy development, then we certainlyhave to analyse the environment in which the traffic exists asa system, and therefore we have to foresee its limits which aredetermined by the specifics of the traffic system. Representingthe circulation system of economy, traffic has to eavesdrop onthe demands of the market, and has to be transformed andmodernised. The experience gained by working on the projectsand the studies related to business organisation resulted inthe conclusion that the requirements related to logistics inthe nineties were significantly greater than had been thecommon target until then -reduction of costs. In order to adjustcompletely to the market demands, with the help of advancedinformation technology, the companies apply logisticsas tools of competitiveness on the market. Extraordinmyachievements of IT, using of virtual reality enable businesspeople to communicate and contract businesses without beingphysically present. What is it that makes some companies moresuccessful than others? It is obviously a question of the advantagesof distribution realisation due to the fact that nowadayspurchase and selling are run globally in the world. The distributionof products at the right time, to the right place, at a pricewhich is favourable both to the seller and the buyer, in the rightmanner and in the appropriate quantity in the marketing senseis the prerequisite for the business success as element of businesslogistics. The development of this tool must be basedon the monitoring of the needs for the logistics managementand the tactical adaptability of the company. The solution oflogistics management of business processes must satisfy thecurrent and future customers' requirements in order to be competitive.

  18. Global sugar market – the analysis of factors influencing supply and demand

    Directory of Open Access Journals (Sweden)

    Lenka Rumánková

    2013-01-01

    Full Text Available This article deals with an analysis of the world sugar market, and specifically focuses on the supply and demand of refined sugar and their main determinants. The article first identifies the main determinants of the world supply of and demand for sugar, and further, their effect on such variables is quantified. Further, the component correlations on the selected market are analyzed. This consists of the identification of the factors affecting the production of refined sugar, as one of the main elements of the supply of sugar, as well as an analysis of the world price of sugar, as one of the significant factors affecting the world sugar market. The said correlations are quantified with the utilization of regression analysis on the basis of time series of the individual variables within the years 1980–2010. On the basis of the conducted analysis, the main determinants of the sugar supply on the world market within the analyzed period, for which an effect has been established both from an economic viewpoint, as well as from a statistical viewpoint, can be considered to be sugar reserves, its price and the acreage of sugarcane. The main determinant of the demand for sugar is, according to the conducted analysis, the global GDP on a new value level, as well as converted to one inhabitant. Further, the analysis also established the effect of the price of sugar and its reserves on the world production of refined sugar, and, last but not least, also the long-term tendency in the development of the world price of sugar. The analysis has proven significant influence of refined sugar supply, reserves of refined sugar, its price and area of sugar cane on sugar supply. Then, the analysis detected GDP as the main determinant of the sugar demand and the long memory in sugar prices. Finally, the influence of delayed price, reserves and delayed reserves on production has been proven.

  19. European municipalities and the liberalized energy market; Les municipalites europeennes et le marche liberalise de l'energie

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2002-04-01

    Municipalities are directly affected by the liberalization of the energy markets. Because they all consume or even produce energy, whether it be for their own consumption or to resell it, they often distribute gas, electricity or heat, they plan urban areas and organize the energy networks on their territory, while in addition citizens expect municipalities to inform them and even protect them against the possible excesses of energy salesmen. Elected representatives administrations, local agencies, municipal companies, citizens' associations etc., all have to innovate. This supplement to Energie-Cites INFO is intended to provide you with practical information and further analyses of the liberalization process. (authors)

  20. Marketing de los candidatos a la gubernatura de Nuevo León en las redes sociales durante el proceso electoral de 2015

    Directory of Open Access Journals (Sweden)

    Gladys Y. Berumen Villarruel

    2016-01-01

    Full Text Available En Nuevo León, se tiene por primera vez un candidato independiente a la gubernatura del estado en el proceso electoral de 2015. Este hecho inédito fue producido principalmente por la reforma electoral de 2013-2014, que incluyó esta figura para competir por cargos de elección popular. Sin embargo, las condiciones iniciales en la contienda fueron desventajosas para el candidato independiente, sobre todo en lo relativo al financiamiento y acceso a los medios de comunicación, por lo que éste basó su estrategia de campaña en las redes sociales, enfatizando el uso del marketing de emociones con mayor ventaja que sus contrincantes principales del Partido Revolucionario Institucional (PRI y del Partido Acción Nacional (PAN. El análisis que aquí se muestra está enfocado a medir el impacto que se tuvo de las campañas en redes sociales en la interacción con los usuarios, aunque no pueda ser todavía concluyente para inferir que esta variable fue la más determinante en la victoria del candidato independiente. / The state of Nuevo León for the first time saw an independent candidate running in the 2015 gubernatorial race. This unprecedented circumstance resulted mainly from the 2013-2014 electoral reform, which included the category of independent candidates for elected posts. However, conditions at the beginning of the race were disadvantageous for the independent candidate, above all with regard to financing and media access. That is why he based his campaign strategy on social networks, emphasizing the use of marketing emotions to better effect than his main opponents from the Institutional Revolutionary Party (PRI and the National Action Party (PAN. The analysis presented here focuses on measuring the impact the social network campaigns had on the interaction with users, although it is still too early to conclude that this variable was the determining factor in the independent candidate’s victory.

  1. Marketing de los candidatos a la gubernatura de Nuevo León en las redes sociales durante el proceso electoral de 2015

    Directory of Open Access Journals (Sweden)

    Gladys Y. Berumen Villarruel

    2016-08-01

    Full Text Available En Nuevo León, se tiene por primera vez un candidato independiente a la gubernatura del estado en el proceso electoral de 2015. Este hecho inédito fue producido principalmente por la reforma electoral de 2013-2014, que incluyó esta figura para competir por cargos de elección popular. Sin embargo, las condiciones iniciales en la contienda fueron desventajosas para el candidato independiente, sobre todo en lo relativo al financiamiento y acceso a los medios de comunicación, por lo que éste basó su estrategia de campaña en las redes sociales, enfatizando el uso del marketing de emociones con mayor ventaja que sus contrincantes principales del Partido Revolucionario Institucional (PRI y del Partido Acción Nacional (PAN. El análisis que aquí se muestra está enfocado a medir el impacto que se tuvo de las campañas en redes sociales en la interacción con los usuarios, aunque no pueda ser todavía concluyente para inferir que esta variable fue la más determinante en la victoria del candidato independiente. / The state of Nuevo León for the first time saw an independent candidate running in the 2015 gubernatorial race. This unprecedented circumstance resulted mainly from the 2013-2014 electoral reform, which included the category of independent candidates for elected posts. However, conditions at the beginning of the race were disadvantageous for the independent candidate, above all with regard to financing and media access. That is why he based his campaign strategy on social networks, emphasizing the use of marketing emotions to better effect than his main opponents from the Institutional Revolutionary Party (PRI and the National Action Party (PAN. The analysis presented here focuses on measuring the impact the social network campaigns had on the interaction with users, although it is still too early to conclude that this variable was the determining factor in the independent candidate’s victory.

  2. The entry of Brazilian fresh fruit small and medium producers into the global market

    Directory of Open Access Journals (Sweden)

    Roberta de Castro Souza

    2010-09-01

    Full Text Available The objective of this paper is to identify some elements which contribute to the entry of small and medium producers into the global market. Specifically, it analyses the case of the greatest Brazilian mango and grape exported region - the Petrolina-Juazeiro (P-J. The conceptual background consists of two approaches. The first conceptual framework is the Global Value Chain (GVC approach which is mainly concerned with the entry of local economies, from developing countries, into the global market. The second approach is the dynamic capability which is mainly concerned with the way the firm could acquire capabilities. The method selected for the empirical part was the multiple-case studies which were made viable by means of semi-structured questionnaires conducted with mango and grape producer agents from P-J Region in Brazil and European buyers. This study indicates that some institutions have been supporting the export activities in terms of irrigation techniques, new techniques of cultivation, financial support and the introduction of some certificates such as EurepGap. Lastly, the mango and grape producers have been undertaking upgrading of product, process and functional.O objetivo deste artigo foi identificar os elementos que contribuem para a entrada de pequenos e médios produtores no mercado global. Especificamente foi analisado o caso da maior região brasileira exportadora de manga e uva in natura, a de Petrolina (PE e Juazeiro (BA. Os aportes teóricos utilizados neste artigo foram: cadeia de valor global e capacitações dinâmicas. O método selecionado para a realização da parte empírica foi o estudo de casos múltiplos. Para a coleta de dados, foram elaborados questionários semi-estruturados e realizadas entrevistas presenciais com produtores de manga e uva, associações de produtores, instituições de apoio localizadas em Petrolina e Juazeiro e compradores europeus de manga e uva. O estudo indicou que algumas institui

  3. Lele des chefs traditionnels au Ghana : un modèle inspirant ...

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

    8 févr. 2011 ... Ray est également coordonnateur international du Traditional Authority ... Marketing social : le chef traditionnel acquiert une certaine expertise et ... Nadine Robitaille est rédactrice à la Division des communications du CRDI .

  4. The globalization of big French firms: the case of Electricite de France; L'internationalisation des grandes entreprises francaises: le cas d'Electricite de France

    Energy Technology Data Exchange (ETDEWEB)

    Ailleret, F. [Electricite de France (EDF), 75 - Paris (France)

    1999-11-01

    A national monopoly created more than 50 years ago, Electricite de France has become so international that it is a major player in the world electricity market. In mid-1999, EdF had already invested about 4,5 billion euro in approximately 20 countries in Europe, Latin America, Africa and Asia. The electric utility is becoming even more involved in globalization, its objective being to make 30-35 % of sales outside France by 2005. (authors)

  5. National market of leaded gasoline. Technical aspects; Le marche national de l'essence plombee. Les aspects techniques

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-02-18

    The French market of leaded gasoline which decreases annually since 1993 by about 10% still amounts at present (April 1999) about 4.5 million tons/yr, i.e., 31% of the whole gasoline market. By 1. of January 2000, the stock of private and service light vehicles constrained to use leaded gasoline will be of about 1.1 million; taking into account other additional uses, by that time the essential needs of leaded gasoline are expected to amount up to 1.5 million tons/yr. By 2003 the number of these vehicles are expected to decrease down to 300,000. Thus, it appears that since January 2000 up to probably 2003 the distribution pumps have to be provided with the fuel specific to the old vehicles. To prepare the cessation of leaded gasoline, already forbidden in certain countries since many years, the petroleum industry and additive manufacturers have carried out research to develop anti-detonation additives to replace the leaded additives. Potassium-based additives appears to be efficient for health of both engines and people and as such a proposal with validity starting since 1. 2000 was issued, complying with the EN228 Standard, for which the provisions of the Standard 98/70/CE are adapted to the French regulations. Thus, to comply with the European regulations concerning unleaded fuels the refineries will manufacture the SP 95 and SP 98, the latter being better adapted to be treated with unleaded additives. The document gives details concerning the logistics, supply and characteristics of the replacement fuels. Evolution of the super-fuel selling since January 1994 to January 1999 is plotted.

  6. The commercial marketing of healthy lifestyles to address the global child and adolescent obesity pandemic: prospects, pitfalls and priorities.

    Science.gov (United States)

    Kraak, Vivica I; Kumanyika, Shiriki K; Story, Mary

    2009-11-01

    Public- and private-sector initiatives to promote healthy eating and physical activity, called 'healthy lifestyles', are a relatively recent response to the global obesity pandemic. The present paper explores different views about marketing healthy lifestyles with a special emphasis on private-sector initiatives and public-private partnerships designed to reach young people. We discuss aspects of these initiatives and partnerships from three perspectives: (i) the potential for commercial marketing practices to have a favourable influence on reversing global obesity trends (termed prospects); (ii) unresolved dilemmas and challenges that may hinder progress (termed pitfalls); and (iii) the implementation and evaluation of coordinated and systematic actions (termed priorities) that may increase the likelihood that commercially marketed healthy-lifestyle initiatives and public-private partnerships can make a positive contribution to reverse the rise in overweight and obesity among young people globally.

  7. Banking sector globalization and bank performance: A comparative analysis of low income countries with emerging markets and advanced economies

    Directory of Open Access Journals (Sweden)

    Amit Ghosh

    2016-06-01

    Full Text Available A key feature of financial services liberalization is the increasing presence of foreign banks in a nation. This study examines the impact of banking sector globalization on bank profits and cost efficiency by using a panel of 169 nations spanning 1998–2013. Employing both fixed-effects and GMM estimations, and including banking-industry and macroeconomic controls, I find greater banking-sector globalization to reduce both profits and cost inefficiency, thereby reflecting increased competitiveness and informational asymmetries in host markets, as well as assimilation of better technology, managerial practices by domestic banks. The results are further examined for nations across different levels of economic development and with different degrees of foreign bank presence. Only in emerging markets and in nations with more than 50% foreign banks, greater banking sector globalization positively affects profits. From a policy perspective, the findings call for banking regulatory authorities to implement polices to reduce informational asymmetries in host markets.

  8. Effects of global financial crisis on network structure in a local stock market

    Science.gov (United States)

    Nobi, Ashadun; Maeng, Seong Eun; Ha, Gyeong Gyun; Lee, Jae Woo

    2014-08-01

    This study considers the effects of the 2008 global financial crisis on threshold networks of a local Korean financial market around the time of the crisis. Prices of individual stocks belonging to KOSPI 200 (Korea Composite Stock Price Index 200) are considered for three time periods, namely before, during, and after the crisis. Threshold networks are constructed from fully connected cross-correlation networks, and thresholds of cross-correlation coefficients are assigned to obtain threshold networks. At the high threshold, only one large cluster consisting of firms in the financial sector, heavy industry, and construction is observed during the crisis. However, before and after the crisis, there are several fragmented clusters belonging to various sectors. The power law of the degree distribution in threshold networks is observed within the limited range of thresholds. Threshold networks are fatter during the crisis than before or after the crisis. The clustering coefficient of the threshold network follows the power law in the scaling range.

  9. Fair Trade as a Solution for Inequality on the Global Market - Corporate Perspective

    Directory of Open Access Journals (Sweden)

    Sandra Lovric

    2016-03-01

    Full Text Available New alternatives to free trade are evolving at the global market; their aim is to bring more ethics and morality into the relations between the trading parties (producers, corporations and buyers. This article analyses one of such alternatives i.e. Fair Trade from the perspective of influencing change of corporate politics. Due to the rising awareness of buyers about the origin of goods and the initiatives of forcing corporations into changing their practices based on unethical treatment of workers in the 3rd world countries, alternative ways of trade are becoming part of traditional corporate environment in the free trade chain. By elaborating fundamental principles of certification process, the article gives an answer to the question of creation of added ethical value in the aspect of positioning corporations in the “new economy”.

  10. Farmgate Private Standards and Price Premium: Evidence From the GlobalGAP Scheme in Kenya's French Beans Marketing

    OpenAIRE

    Kariuki, Isaac Maina; Loy, Jens-Peter; Herzfeld, Thomas

    2012-01-01

    The proliferation of private quality and assurance schemes in international trade is defining market access in high value chains. The prime concern for small-scale producers is whether price premiums are realizable due to compliance. Using French beans marketing, the authors find that GlobalGAP certification, produce traceability, number of suppliers, competition for supplies, direct procurement, a good road network, and supply contracts have positive farmgate price effects for smallholders. ...

  11. Impact of BRICS’ investment in vaccine development on the global vaccine market

    Science.gov (United States)

    Milstien, Julie; Schmitt, Sarah

    2014-01-01

    Abstract Brazil, the Russian Federation, India, China and South Africa – the countries known as BRICS – have made considerable progress in vaccine production, regulation and development over the past 20 years. In 1993, all five countries were producing vaccines but the processes used were outdated and non-standardized, there was little relevant research and there was negligible international recognition of the products. By 2014, all five countries had strong initiatives for the development of vaccine technology and had greatly improved their national regulatory capacity. South Africa was then the only BRICS country that was not completely producing vaccines. South Africa is now in the process of re-establishing its own vaccine production and passing beyond the stage of simply importing, formulating and filling vaccine bulks. Changes in the public sector’s price per dose of selected vaccines, the global market share represented by products from specific manufacturers, and the attractiveness, for multinational companies, of partnership and investment opportunities in BRICS companies have all been analysed. The results indicate that the BRICS countries have had a major impact on vaccine price and availability, with much of that impact attributable to the output of Indian vaccine manufacturers. China is expected to have a greater impact soon, given the anticipated development of Chinese vaccine manufacturers in the near future. BRICS’ accomplishments in the field of vaccine development are expected to reshape the global vaccine market and accelerate access to vaccines in the developing world. The challenge is to turn these expectations into strategic actions and practical outcomes. PMID:24940018

  12. Do forests have a say in global carbon markets for climate stabilization policy?

    Energy Technology Data Exchange (ETDEWEB)

    Tavoni, M.; Bosetti, V. [Fondazione Eni Enrico Mattei, FEEM (Italy); Sohngen, B. [Ohio State Univ., Dept. of Agr., Env., and Dev. Economics (United States)

    2007-05-15

    While carbon sequestration was included in the Kyoto Protocol, its potential scope as a mitigation activity has been highly debated in subsequent negotiations. Notwithstanding the widespread research suggesting that biological sequestration of carbon can play an important role for reducing greenhouse gas emissions, the nations in the Kyoto Protocol have so far only haltingly incorporated forestry measures, for a variety of reasons. One concern revolved around the validity of measuring and monitoring land-based activities to prove that they provided additional carbon storage, as for example error bounds for measuring and monitoring carbon in forests are fairly large. A second reason for the setbacks to forest sequestration regarded whether carbon sequestration would reduce carbon prices and consequently the quantity of abatement provided by the energy sector. Only the energy sector, after all, can ensure permanent reductions in CO{sub 2} emissions. This concern implies that forest carbon sequestration could be large enough to influence carbon prices in a global carbon market. Clearly, if prices are lower the deployment of low carbon measures and technologies could be delayed, for example by reducing incentives for technological evolution. Yet, enriching the mitigation portfolio with forestry could bring a significant contribution. Global policies meant to stabilize greenhouse gas concentrations in the future will arguably require a vast bundle of measures to meet ambitious targets. The first set of concerns has been widely addressed in a range of publications, including those of the Intergovernmental Panel on Climate Change. Remarkably less attention has been devoted to the second set of concerns. In this article we try to fill the gap by analyzing the impact biological carbon sequestration has on a policy to stabilize carbon emissions. In doing so we are able to evaluate a potentially attractive mitigation option like carbon sinks accounting for the influence the

  13. Diversity of global rice markets and the science required for consumer-targeted rice breeding.

    Directory of Open Access Journals (Sweden)

    Mariafe Calingacion

    Full Text Available With the ever-increasing global demand for high quality rice in both local production regions and with Western consumers, we have a strong desire to understand better the importance of the different traits that make up the quality of the rice grain and obtain a full picture of rice quality demographics. Rice is by no means a 'one size fits all' crop. Regional preferences are not only striking, they drive the market and hence are of major economic importance in any rice breeding / improvement strategy. In this analysis, we have engaged local experts across the world to perform a full assessment of all the major rice quality trait characteristics and importantly, to determine how these are combined in the most preferred varieties for each of their regions. Physical as well as biochemical characteristics have been monitored and this has resulted in the identification of no less than 18 quality trait combinations. This complexity immediately reveals the extent of the specificity of consumer preference. Nevertheless, further assessment of these combinations at the variety level reveals that several groups still comprise varieties which consumers can readily identify as being different. This emphasises the shortcomings in the current tools we have available to assess rice quality and raises the issue of how we might correct for this in the future. Only with additional tools and research will we be able to define directed strategies for rice breeding which are able to combine important agronomic features with the demands of local consumers for specific quality attributes and hence, design new, improved crop varieties which will be awarded success in the global market.

  14. Diversity of Global Rice Markets and the Science Required for Consumer-Targeted Rice Breeding

    Science.gov (United States)

    Calingacion, Mariafe; Laborte, Alice; Nelson, Andrew; Resurreccion, Adoracion; Concepcion, Jeanaflor Crystal; Daygon, Venea Dara; Mumm, Roland; Reinke, Russell; Dipti, Sharifa; Bassinello, Priscila Zaczuk; Manful, John; Sophany, Sakhan; Lara, Karla Cordero; Bao, Jinsong; Xie, Lihong; Loaiza, Katerine; El-hissewy, Ahmad; Gayin, Joseph; Sharma, Neerja; Rajeswari, Sivakami; Manonmani, Swaminathan; Rani, N. Shobha; Kota, Suneetha; Indrasari, Siti Dewi; Habibi, Fatemeh; Hosseini, Maryam; Tavasoli, Fatemeh; Suzuki, Keitaro; Umemoto, Takayuki; Boualaphanh, Chanthkone; Lee, Huei Hong; Hung, Yiu Pang; Ramli, Asfaliza; Aung, Pa Pa; Ahmad, Rauf; Wattoo, Javed Iqbal; Bandonill, Evelyn; Romero, Marissa; Brites, Carla Moita; Hafeel, Roshni; Lur, Huu-Sheng; Cheaupun, Kunya; Jongdee, Supanee; Blanco, Pedro; Bryant, Rolfe; Thi Lang, Nguyen; Hall, Robert D.; Fitzgerald, Melissa

    2014-01-01

    With the ever-increasing global demand for high quality rice in both local production regions and with Western consumers, we have a strong desire to understand better the importance of the different traits that make up the quality of the rice grain and obtain a full picture of rice quality demographics. Rice is by no means a ‘one size fits all’ crop. Regional preferences are not only striking, they drive the market and hence are of major economic importance in any rice breeding / improvement strategy. In this analysis, we have engaged local experts across the world to perform a full assessment of all the major rice quality trait characteristics and importantly, to determine how these are combined in the most preferred varieties for each of their regions. Physical as well as biochemical characteristics have been monitored and this has resulted in the identification of no less than 18 quality trait combinations. This complexity immediately reveals the extent of the specificity of consumer preference. Nevertheless, further assessment of these combinations at the variety level reveals that several groups still comprise varieties which consumers can readily identify as being different. This emphasises the shortcomings in the current tools we have available to assess rice quality and raises the issue of how we might correct for this in the future. Only with additional tools and research will we be able to define directed strategies for rice breeding which are able to combine important agronomic features with the demands of local consumers for specific quality attributes and hence, design new, improved crop varieties which will be awarded success in the global market. PMID:24454799

  15. Early warning model based on correlated networks in global crude oil markets

    Science.gov (United States)

    Yu, Jia-Wei; Xie, Wen-Jie; Jiang, Zhi-Qiang

    2018-01-01

    Applying network tools on predicting and warning the systemic risks provides a novel avenue to manage risks in financial markets. Here, we construct a series of global crude oil correlated networks based on the historical 57 oil prices covering a period from 1993 to 2012. Two systemic risk indicators are constructed based on the density and modularity of correlated networks. The local maximums of the risk indicators are found to have the ability to predict the trends of oil prices. In our sample periods, the indicator based on the network density sends five signals and the indicator based on the modularity index sends four signals. The four signals sent by both indicators are able to warn the drop of future oil prices and the signal only sent by the network density is followed by a huge rise of oil prices. Our results deepen the application of network measures on building early warning models of systemic risks and can be applied to predict the trends of future prices in financial markets.

  16. Encouraging Women Entrepreneurship to Join the Global Market (Case study on Fashion Industry in West Java

    Directory of Open Access Journals (Sweden)

    Heriyanni Mashithoh

    2016-08-01

    Full Text Available The integration of global market has opened today for the foreign products to entry any countries and has threatened the future of women entrepreneurs. Women entrepreneurs have to compete with foreign businessmen who have superiority in terms of funds, technology, infrastructure, market information and government support. Indonesia is one of developing country who encourages the development of rural areas. Women entrepreneurship in rural areas indicated will increase the local economy, creating employment opportunities, and decreasing the poverty currently. One province in Indonesia that successfully promotes the fashion industries to local and international tourist is West Java. This study aims to analyze the effect of network development strategy toward the women entrepreneurs’ satisfaction. Hypothesis were tested by multivariate statistics- Partial Least Square. The population is owners or managers of SMEs in fashion or garment industries. Stratified random sampling is occupied to get 78 women entrepreneurs in West Java. This study shows that network strategy is significantly influenced the women entrepreneurs’ satisfaction Proactive entrepreneur is proved to positively strengthen the impact of network strategy on the women entrepreneurs’ satisfaction. This result becomes a guide for SMEs, especially in fashion or garment industry to support the tourism of West Java.

  17. Local and global analysis of a speculative housing market with production lag

    Science.gov (United States)

    Campisi, Giovanni; Naimzada, Ahmad K.; Tramontana, Fabio

    2018-05-01

    We extend the model of Dieci and Westerhoff [J. Evol. Econ. 22(2), 303-329 (2012)], where the authors analyse a speculative housing market populated by heterogeneous interacting agents described by a two dimensional nonlinear discrete time dynamical system. They show the emergence of complicated dynamics through the occurrence of bifurcations for particular parameter combinations. We enlarge their model in several ways. On one hand, we introduce time lag in the supply side and we consider two new scenarios characterised by agents' expectations formation. First, naive expectations instead of perfect foresight are considered, while in the second scenario, we study a mix between the model of Dieci and Westerhoff [J. Evol. Econ. 22(2), 303-329 (2012)] and the one we propose. As a consequence, we, analytically and numerically, explain the appearance of instability in the housing market providing conditions on the parameters that lead to a bifurcation. On the other hand, thanks to further numerical simulations, we conduct a global analysis providing the structure of the basin of attractions of the map showing coexistence of attractors.

  18. Analyzing the impact of global financial crisis on the interconnectedness of Asian stock markets using network science

    OpenAIRE

    Jitendra Aswani

    2015-01-01

    As importance of Asian Stock Markets (ASM) has increased after the globalization, it is become significant to know how this network of ASM behaves on the onset of financial crises. For this study, the Global Financial Crisis is considered whose origin was in the developed country, US, unlike the Asian crisis of 1997. To evaluate the impact of financial crisis on the ASM, network theory is used as a tool here. Network modeling of stock markets is useful as it can help to avert the spillover of...

  19. The world petroleum market in 2007. DIREM analysis; Le marche petrolier mondial en 2007. Analyse de la DIREM

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-07-01

    2007: the world is becoming used to a high oil price. With an average price of 72.6 US$ per barrel for the ICE Brent, the crude rates show a 9.8% rise with respect to the 2006 ones (66.11 US$/b) following the 20% rise observed in 2006. Price rates show a sawtooth evolution but with a general rise over the full year. Thanks to a US$ change rate favorable to the euro, the 2007 average is of 52.76 euro/b with respect to 52.65 euro/b in 2006. At the end of the year 2007 the barrel price reached 93.85 US$/b with respect to 60.86 US$/b at the end of 2006. The document analyses the impact of these high prices on the economies of oil-consuming and oil-producing countries. It presents the 2007 highlights of the main OPEC countries (Saudi Arabia, Iran, Venezuela, Iraq, Nigeria, Angola), and then analyses the international quotations of petroleum products on the Rotterdam market and the prices of petroleum products in France. (J.S.)

  20. Bio-ethanol: from the Brazilian experience to the formation of a global market

    International Nuclear Information System (INIS)

    Poppe, M.; Horta Nogueira, L.A.

    2009-01-01

    Almost a century of regular use as a car fuel and a few decades of significant technical progress have now made sugar cane bio ethanol a viable option to replace efficiently fossil fuels. This article sets out the main steps of the development of Brazil's bio ethanol industry as well as the growth of demand, while underlining the role of public policies that have been gradually introduced to help reach economic competitiveness, at the same time favouring sustainable development. Currently, 33 million cars made locally or imported into Brazil run on pure bio ethanol, or mixed with gasoline (E25) and a significant part of Brazil's electricity is produced by cogeneration systems that use sugar cane bagasse. This positive experience stands a good chance of spreading, thus extending the contribution of renewable energies to meeting global energy demand. This, on condition that a global bio fuel market emerges, stimulating trade between producing countries, located in the humid tropics, and consumer countries, which have a sufficient number of suitably adapted vehicles in use, with environmental, economic and social benefits for all concerned and for the planet. (authors)

  1. Entomological Opportunities and Challenges for Sustainable Viticulture in a Global Market.

    Science.gov (United States)

    Daane, Kent M; Vincent, Charles; Isaacs, Rufus; Ioriatti, Claudio

    2018-01-07

    Viticulture has experienced dramatic global growth in acreage and value. As the international exchange of goods has increased, so too has the market demand for sustainably produced products. Both elements redefine the entomological challenges posed to viticulture and have stimulated significant advances in arthropod pest control programs. Vineyard managers on all continents are increasingly combating invasive species, resulting in the adoption of novel insecticides, semiochemicals, and molecular tools to support sustainable viticulture. At the local level, vineyard management practices consider factors such as the surrounding natural ecosystem, risk to fish populations, and air quality. Coordinated multinational responses to pest invasion have been highly effective and have, for example, resulted in eradication of the moth Lobesia botrana from California vineyards, a pest found in 2009 and eradicated by 2016. At the global level, the shared pests and solutions for their suppression will play an increasing role in delivering internationally sensitive pest management programs that respond to invasive pests, climate change, novel vector and pathogen relationships, and pesticide restrictions.

  2. OpenCourseWare, Global Access and the Right to Education: Real access or marketing ploy?

    Directory of Open Access Journals (Sweden)

    Henk Huijser

    2008-02-01

    Full Text Available This paper explores the potential opportunities that OpenCourseWare (OCW offers in providing wider access to tertiary education, based on the ideal of ‘the right to education’. It first discusses the wider implications of OCW, and its underlying philosophy, before using a case study of a tertiary preparation program (TPP at the University of Southern Queensland (USQ to draw out the issues involved in offering a program that is created in a particular national and social context on a global scale. This paper draws specific attention to the digital divide, its effects in national and global contexts, and the particular obstacles this presents with regards to OCW. This paper argues that OCW provides many opportunities, both in terms of access to education and in terms of student recruitment and marketing for universities. To take full advantage of those opportunities, however, requires a concerted effort on the part of tertiary education institutions, and it requires a vision that is fundamentally informed by, and committed to, the principle of ‘the right to education’.

  3. Sub-Saharan Africa at the global education market: role of South Africa

    Directory of Open Access Journals (Sweden)

    Ramil Ravilevich Asmyatullin

    2016-12-01

    Full Text Available This article is dedicated to the development of the higher education in Sub-Saharan countries, particularly to the topic of internationalization of education. Most African countries have underdeveloped education systems. The quality and availability of higher education is a formidable obstacle for economic and social development. There is a growing demand for higher education in the SSA, but national education systems can’t cope fully with it. Hence many students go abroad, mostly in other African countries. The article focuses on the position of South Africa in the global and regional education market. As it’s a regional leader in this field South Africa attracts more than a half of international students within the Sub-Saharan Africa. The main reasons why African students choose South Africa are geographic proximity, familiar culture, lack of wanted higher education programs in their countries. However, there are as well disadvantages like xenophobia and race discrimination. South Africa has become a leader in Africa in the field of higher education, but it plays still small part at a global scale.

  4. Is Culture a superficial barrier to global marketing?: A Case study of food and drink products in Turkey

    OpenAIRE

    Sezer, Sibel

    1989-01-01

    Ankara : The Department of Management and the Graduate School of Business Administration of Bilkent Univ. , 1989. Thesis (Master's) -- Bilkent University, 1989. Includes bibliographical references leaves 50-51. In a world of converging needs and desires, globally standardizing products would lead to lower production costs, improved quality of products as well as management. The validity of this argument proposed by "global marketing" is discussed taking into considerat...

  5. How to scale SaaS business  from local to global markets? : Case of ad servers

    OpenAIRE

    PANDERS, TOMS

    2014-01-01

    This thesis will describe SaaS (Software as a Service) business in a global environment. The prior focus will be to give suggestions of models and good examples of how to scale local business into global markets. The necessary theoretical framework on software product and scalability issues is given. Qualitative research is carried out to find out how the suggested models are adopted among selected ad serving companies. The results from three different companies were analyzed to find similari...

  6. Future Warming Increases Global Maize Yield Variability with Implications for Food Markets

    Science.gov (United States)

    Tigchelaar, M.; Battisti, D. S.; Naylor, R. L.; Ray, D. K.

    2017-12-01

    If current trends in population growth and dietary shifts continue, the world will need to produce about 70% more food by 2050, while earth's climate is rapidly changing. Rising temperatures in particular are projected to negatively impact agricultural production, as the world's staple crops perform poorly in extreme heat. Theoretical models suggest that as temperatures rise above plants' optimal temperature for performance, not only will mean yields decline rapidly, but the variability of yields will increase, even as interannual variations in climate remain unchanged. Here we use global datasets of maize production and climate variability combined with CMIP5 temperature projections to quantify how yield variability will change in major maize producing countries under 2°C and 4°C of global warming. Maize is the world's most produced crop, and is linked to other staple crops through substitution in consumption and production. We find that in warmer climates - absent any breeding gains in heat tolerance - the Coefficient of Variation (CV) of maize yields increases almost everywhere, to values much larger than present-day. This increase in CV is due both to an increase in the standard deviation of yields, and a decrease in mean yields. In locations where crop failures become the norm under high (4°C) warming (mostly in tropical, low-yield environments), the standard deviation of yields ultimately decreases. The probability that in any given year the most productive areas in the top three maize producing countries (United States, China, Brazil) have simultaneous production losses greater than 10% is virtually zero under present-day climate conditions, but increases to 12% under 2°C warming, and 89% under 4°C warming. This has major implications for global food markets and staple crop prices, affecting especially the 2.5 billion people that comprise the world's poor, who already spend the majority of their disposable income on food and are particularly vulnerable

  7. The SEAD global efficiency medal competition: accelerating market transformation for efficient televisions

    Energy Technology Data Exchange (ETDEWEB)

    Ravi, Kavita [US Department of Energy, Washington, DC (United States); Bennich, Peter [Swedish Energy Agency (Sweden); Cockburn, John [Natural Resources Canada, Ottawa (Canada); Doi, Naoko [Institute of Energy Economics (Japan); Garg, Sandeep [United Nations Development Programme, New York, NY (United States); Garnaik, S.P. [ICF International (India); Holt, Shane [Energy and Tourism, Canberra (Australia); Walker, Mike [Food and Rural Affairs (United Kingdom); Westbrook-Trenholm, Elizabeth [Natural Resources, Canada, Ottawa (Canada). Office of Energy Efficiency; Lising, Anna [Collaborative Labeling and Appliance Standards Program (United States); Pantano, Steve [Collaborative Labeling and Appliance Standards Program (United States); Khare, Amit [Collaborative Labeling and Appliance Standards Program (United States); Park, Won Young [Lawrence Berkeley National Lab., CA (United States)

    2013-10-15

    The Global Efficiency Medal competition, a cornerstone activity of the Super-efficient Equipment and Appliance Deployment (SEAD) Initiative, is an awards program that encourages the production and sale of super-efficient products. SEAD is a voluntary multinational government collaboration of the Clean Energy Ministerial (CEM). This winner-takes-all competition recognizes products with the best energy efficiency, guides early adopter purchasers towards the most efficient product choices and demonstrates the levels of energy efficiency achievable by commercially available and emerging technologies. The first Global Efficiency Medals were awarded to the most energy-efficient flat panel televisions; an iconic consumer purchase. SEAD Global Efficiency Medals were awarded to televisions that have proven to be substantially more energy efficient than comparable models available at the time of the competition (applications closed in the end of May 2012). The award-winning TVs consume between 33 to 44 percent less energy per 2 unit of screen area than comparable LED-backlit LCD televisions sold in each regional market and 50 to 60 percent less energy than CCFL-backlit LCD TVs. Prior to the launch of this competition, SEAD conducted an unprecedented international round-robin test (RRT) to qualify TV test laboratories to support verification testing for SEAD awards. The RRT resulted in increased test laboratory capacity and expertise around the world and ensured that the test results from participating regional test laboratories could be compared in a fair and transparent fashion. This paper highlights a range of benefits resulting from this first SEAD awards competition and encourages further investigation of the awards concept as a means to promote energy efficiency in other equipment types.

  8. Marketing.

    Science.gov (United States)

    Chambers, David W

    2010-01-01

    There is not enough marketing of dentistry; but there certainly is too much selling of poor quality service that is being passed off as dentistry. The marketing concept makes the patient and the patients' needs the ultimate criteria of marketing efforts. Myths and good practices for effective marketing that will promote oral health are described under the traditional four "Ps" categories of "product" (best dental care), "place" (availability), "promotion" (advertising and other forms of making patients aware of available services and how to use them), and "price" (the total cost to patients of receiving care).

  9. IS THERE A RELATIONSHIP BETWEEN COUNTRY CLASSIFICATION AND MARKET EFFICIENCY?: A GLOBAL INVESTIGATION

    Directory of Open Access Journals (Sweden)

    Berna KIRKULAK ULUDAĞ

    2017-01-01

    Full Text Available The objective of this paper is to test the Efficient Market Hypothesis (EMH for countries at different economic development levels. The FTSE Country Classification was used to reveal the economic development of 17 developed and 12 emerging markets. The sampling period is between 2005 and 2013. In order to test market efficiency, Portmanteau Q test, the runs test, the single and multiple variance ratio (VR tests were used. The results show that the weak-form market efficiency is becoming prevalent in the Advanced Emerging markets. The striking finding of the paper presents that the market efficiency is associated with the market evolution. As the economies and markets of countries evolve and meet the criteria for promotion to upper country classification, they become weak-form efficient. Further, the findings reveal the facts that the markets which suffer from severe financial and political crises, or belong to low ranked emerging markets are unlikely to be efficient.

  10. Lagged life cycle structures for food products: Their role in global marketing, their determinants and some problems in their estimation

    DEFF Research Database (Denmark)

    Baadsgaard, Allan; Gede, Mads Peter; Grunert, Klaus G.

    cycles for different product categories may be lagged (type II lag) because changes in economic and other factors will result in demands for different products. Identifying lagged life cycle structures major importance in global marketing of food products. The problems in arriving at such estimates...

  11. The New Rule Paradigm Shift: Transforming At-Risk Programs by Matching Business Archetypes Strategies in the Global Market

    Science.gov (United States)

    Stark, Paul S.

    2007-01-01

    The challenge was given to transform aviation-related programs to keep them from being eliminated. These programs were to be discontinued due to enrollment declines, costs, legislative mandates, lack of administrative support, and drastic state budget reductions. The New Rule was a paradigm shift of focus to the global market for program…

  12. Web Based Interactive Software in International Business: The Case of the Global Market Potential System Online (GMPSO[C])

    Science.gov (United States)

    Janavaras, Basil J.; Gomes, Emanuel; Young, Richard

    2008-01-01

    This paper seeks to confirm whether students using the Global Market Potential System Online (GMPSO) web based software, (http://globalmarketpotential.com), for their class project enhanced their knowledge and understanding of international business. The challenge most business instructors and practitioners face is to determine how to bring the…

  13. Global land-use and market interactions between climate and bioenergy policies

    Science.gov (United States)

    Golub, A.; Hertel, T. W.; Rose, S. K.

    2011-12-01

    Over the past few years, interest in bioenergy has boomed with higher oil prices and concerns about energy security, farm incomes, and mitigation of climate change. Large-scale commercial bioenergy production could have far reaching implications for regional and global land use and output markets associated with food, forestry, chemical, and energy sectors, as well as household welfare. Similarly, there is significant interest in international agricultural and forestry based carbon sequestration and greenhouse gas (GHG) mitigation policies, which could also provide revenue to developing countries and farmers in exchange for modifying land management practices. However, bioenergy and climate policies are being formulated largely independent of one another. Understanding the interaction between these potentially competing policy objectives is important for identifying possible constraints that one policy might place on the other, potential complementarities that could be exploited in policy design, and net land-use change and management implications over time. This study develops a new dynamic global computable general equilibrium (CGE) model GDyn-E-AEZ to assess the interaction between biofuels production and climate mitigation policies. The model is built on several existing CGE platforms, including 1) GTAP-AEZ-GHG model (Golub et al., 2009), 2) GTAP-BIO (Birur et al., 2008; Taheripour and Tyner, 2011), and 3) GDyn framework (Ianchovichina and McDougall, 2001) extended to investigate the role of population and per capita income growth, changing consumption patterns, and global economic integration in determining long-run patterns of land-use change. The new model is used to assess the effects of domestic and global bioenergy expansion on future land use, as well as sectoral, regional and global GHG emissions mitigation potential. Do bioenergy programs facilitate or constrain GHG mitigation opportunities? For instance, Golub et al. (2009) estimate substantial GHG

  14. Tendencies of Development of Global Battery Market with Emphasis on Republic of Croatia

    Directory of Open Access Journals (Sweden)

    Ivan Miloloža

    2013-07-01

    Full Text Available Starter and traction batteries are build in vehicles with internal combustion engine or electric engine. Similar, stationary batteries supply power to communication or computer centres. The use of these products indicates the specific market for them, because the battery producer is not often in connection with the final consumer, almost always there is someone between them, connecting them. Thus, between the user and the battery manufacturer intermediate distributors, service installations in which this product are build in or vehicle producers (OEM – original equipment of the manufacturer, first installation of the starter battery.Battery production is a strategic industry branch, because starting a vehicle depends on the availability of fuel and the availability of the starter or traction batteries. This paper contains a review of the battery manufacturing industry, as a industry branch, on global and Croatian market.The development has been reviewed by the structure, but also by the sources of applied technologies, especially modern technologies. The paper has been focused mainly on the development of Croatian battery industry and its only representative, company Munja d.d. Zagreb. Beginnings of the Munja d.d. company are correlated with the beginnings of the automobile industry at all.Business activity of any company cannot be considered in isolation from the environment. Therefore, the business of the Munja d.d. company has been observed with regards to the technological development in the last century, but compared to other battery manufacturers, in the former two common states, and also compared with the world manufacturers.

  15. The history and global market of oral home-care products

    Directory of Open Access Journals (Sweden)

    Juliana Jobim Jardim

    2009-06-01

    Full Text Available This literature review reports the history and the current market of oral home-care products. It provides information extending from the products used by our ancestors to those currently available, as well as on the changes in the supply and consumption of these products. Although the scientific knowledge about oral diseases has improved greatly in recent years, our ancestors had already been concerned with cleaning their teeth. A variety of rudimentary products and devices were used since before recorded history, like chewing sticks, tree twigs, bird feathers, animal bones, tooth powder and home-made mouth rinses. Today, due to technological improvements of the cosmetic industry and market competition, home-use oral care products available in the marketplace offer a great variety of options. An increase in the consumption of oral care products has been observed in the last decades. Estimates show that Latin America observed a 12% increase in hygiene and beauty products sales between 2002 and 2003, whereas the observed global rate was approximately 2%. A significant increase in the per capita consumption of toothpaste, toothbrush, mouthrinse and dental floss has been estimated from 1992 to 2002, respectively at rates of 38.3%, 138.3%, 618.8% and 177.2%. Pertaining to this increased supply and consumption of oral care products, some related questions remain unanswered, like the occurrence of changes in disease behavior due to the use of new compounds, their actual efficacy and correct indications, and the extent of the benefits to oral health derived from consuming more products.

  16. Sauces, spices, and condiments: definitions, potential benefits, consumption patterns, and global markets.

    Science.gov (United States)

    García-Casal, Maria Nieves; Peña-Rosas, Juan Pablo; Malavé, Heber Gómez-

    2016-09-01

    Spices and condiments are an important part of human history and nutrition, and have played an important role in the development of most cultures around the world. According to the Codex Alimentarius, the category of salts, spices, soups, sauces, salads, and protein products includes substances added to foods to enhance aroma and taste. Spices have been reported to have health benefits as antioxidant, antibiotic, antiviral, anticoagulant, anticarcinogenic, and anti-inflammatory agents. Health claims about the benefits of condiments for disease prevention or health improvement need to be science based and extensively supported by evidence; data on their preventive or protective potential in humans are currently limited. The condiments market has been growing continuously over the last few years, with the quantity of products sold under the category of sauces, dressings, and condiments during the period 2008-2013 increasing from 31,749,000 to 35,795,000 metric tons. About 50 of the 86 spices produced in the world are grown in India. From 2008 to 2013, the United States was the largest importer of spices, followed by Australia, the United Kingdom, Canada, and Russia. The main buyers of fish sauce are Vietnam and Thailand, with purchases of 333,000 and 284,000 metric tons in 2013, respectively. The sauces and condiments category is dynamic, with large differences in consumption in habits and practices among countries. This paper aims to establish definitions and discuss potential health benefits, consumption patterns, and global markets for sauces, spices, and condiments. © 2016 New York Academy of Sciences.

  17. Power Deals. Mergers and acquisitions activity within the global electricity and gas market. 2006 Annual Review

    International Nuclear Information System (INIS)

    2007-01-01

    2006 was another recordbreaking year in the electricity and gas utilities sector. Total deal values shot through the record level set in 2005 to reach a dizzying USD 298.8bn. This is nearly seven times the USD 43bn level of transactions recorded in the sector only three years earlier in 2003. The rise is all the more astonishing as it comes in a year when deal activity from corporate US utility players plummeted. The sharp downturn in North America came as companies took stock of aggressive regulatory stances from some state regulators during a US midterm election year that coincided with the ending of rate freezes and reaction to the repeal of the Public Utilities Holding Company Act. North American electricity deal values by bidder fell 64% to USD 20.7bn, not far above the USD 16.7bn level of 2003. The picture in Europe and the Asia Pacific region was very different. Both regions recorded record levels of power deal activities as utility companies continued to strive for super regional'' scale. Deal activity in Europe was given extra momentum by the countdown to the July 2007 implementation of full retail market liberalisation. This report examines the rationale behind the overall trends and the key individual deals. We also highlight, in a series of deal dialogues throughout the report, some of the critical issues for companies engaging in deal activity within the sector drawing on our global experience as an adviser to players in major deals throughout the sector in all key power and gas markets. Looking to the future, the regulatory environment will play a key role in determining the course of deal activity. Companies entering into big deals need to be ready more than ever for the long haul. However, the underpinning momentum in the sector remains strong and this is likely to create continued buoyancy in the period ahead

  18. Power Deals. Mergers and acquisitions activity within the global electricity and gas market. 2006 Annual Review

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2007-01-15

    2006 was another recordbreaking year in the electricity and gas utilities sector. Total deal values shot through the record level set in 2005 to reach a dizzying USD 298.8bn. This is nearly seven times the USD 43bn level of transactions recorded in the sector only three years earlier in 2003. The rise is all the more astonishing as it comes in a year when deal activity from corporate US utility players plummeted. The sharp downturn in North America came as companies took stock of aggressive regulatory stances from some state regulators during a US midterm election year that coincided with the ending of rate freezes and reaction to the repeal of the Public Utilities Holding Company Act. North American electricity deal values by bidder fell 64% to USD 20.7bn, not far above the USD 16.7bn level of 2003. The picture in Europe and the Asia Pacific region was very different. Both regions recorded record levels of power deal activities as utility companies continued to strive for super regional'' scale. Deal activity in Europe was given extra momentum by the countdown to the July 2007 implementation of full retail market liberalisation. This report examines the rationale behind the overall trends and the key individual deals. We also highlight, in a series of deal dialogues throughout the report, some of the critical issues for companies engaging in deal activity within the sector drawing on our global experience as an adviser to players in major deals throughout the sector in all key power and gas markets. Looking to the future, the regulatory environment will play a key role in determining the course of deal activity. Companies entering into big deals need to be ready more than ever for the long haul. However, the underpinning momentum in the sector remains strong and this is likely to create continued buoyancy in the period ahead.

  19. La problématique de la communication bancaire en Algérie Etude de cas :la La BADR,LA BEA, le CPA

    OpenAIRE

    Hadj-slimane, mohamed Nadir

    2014-01-01

    La première partie comportant trois chapitre est consacré à la présentation dans le premier chapitre l’évolution historique du système bancaire Algérien , ensuite le deuxième traite le marketing et ses différents types et le troisième chapitre est consacré à la communication d’une façon globale. La deuxième partie présente une étude empirique comporte deux questionnaires adressé au personnel des directions de la communication et de du marketing des banques à Alger, et l’autre au clientèle....

  20. Focus sul digital marketing

    OpenAIRE

    S. Vianello; G. Randisi

    2011-01-01

    Il marketing impatta o meno sulle performance aziendali? L’investimento in competenze di Marketing & Sales genera ritorni per le imprese? La risposta che emerge da questo volume è certa. Il marketing conta davvero, perché guida le scelte strategiche delle imprese e perché impatta direttamente sui loro indicatori economico-finanziari, attraverso competenze e metriche adeguate.

  1. GLOBAL FINANCIAL CRISIS AND UNIT-LINKED INSURANCE MARKETS EFFICIENCY: EMPIRICAL EVIDENCE FROM CENTRAL AND EASTERN EUROPEAN COUNTRIES

    Directory of Open Access Journals (Sweden)

    Botoş Horia Mircea

    2012-12-01

    Full Text Available This paper empirically investigates the impact of the Global financial crisis on the efficiency of four Central and Eastern European emerging unit-linked insurance markets, applying the automatic variance ratio (AVR test of Kim (2009 and variance ratio tests using ranks and signs by Wright (2000 for entire, pre-crisis and crisis periods. This study contributes to the existing literature on efficient market hypothesis with several distinct features: it provides a systematic review of the weak-form market efficiency literature that examines return predictability of the daily ING unit-linked funds prices; also the article aims at monitoring any improvement in the degree of efficiency in time and also examines the relative efficiency of unit-linked insurance markets in pre-crisis and crisis periods. Unit linked insurance are life insurance policies with investment component. In the literature there are few studies investigating the effects of a financial crisis on the potential of predictability and implicitly on the degree of efficiency of financial markets. The occurrence of a market crash or financial crisis is a possible contributing factor of market inefficiency. Most of the studies are focused on the Asian crisis in 1997: Holden et al. (2005 examined the weak-form efficiency of eight emerging Asian stock markets using VR tests before, during and after the Asian crisis; Kim and Shamsuddin (2008 used three different types of multiple VR tests for nine Asian stock markets; the findings reported by Lim et al. (2008 are consistent with those reported by Cheong et al. (2007, in which the highest inefficiency occurs during the crisis period. Todea and Lazar (2010 investigated the effects of the Global crisis on the relative efficiency of ten CEE stock markets, using Generalized Spectral test of Escanciano and Velasco (2006. Wright (2000 proposes the alternative non-parametric variance ratio tests using ranks and signs of return and demonstrates that

  2. Tokidoki, Cute and Sexy Fantasies between East and West: Contemporary Aesthetics for the Global Market

    Directory of Open Access Journals (Sweden)

    Emiko Okayama

    2008-12-01

    Full Text Available Italian art has long been identified with its nation, in spite of the complex history of Italian migration and exile, which many of its prominent artists have also experienced. This may be because Italian art has enjoyed a privileged position as a leading and somewhat self-contained centre of art and culture for many centuries. Yet, in the present globalising world, it is becoming increasingly difficult for any nation to maintain cultural identity, Italy included. This paper is both a recognition and an exploration of a significant connection between Italian art and a non-European culture. It focuses on the work of a young Italian artist, Simone Legno, who works through his US-based label Tokidoki, with Japan as his artistic inspiration. We avoid considering Legno’s work as a unilateral projection of Western fantasies of the Orient, focusing instead on a complex and reciprocal set of cultural and economic influences between Japan, Italy and the USA. Japanese anime and manga are relevant to Legno's work not only for their impact on his design, but also for the emotional attachment that references to Japan can produce in consumers in Italy and other countries, consumers who grew up with Japanese anime and manga. We also challenge the centre-periphery conception of Europe-Asia relations, particularly when commenting on the recent phenomena of globalisation. Legno’s mixture of Italianess and exotic Orientalism has built bridges in the global market between Western companies and Asian consumers, as well as between Asian companies and Western consumers. We conclude that Tokidoki’s success lies in its hybridisation in a global context: the creation of new cultures of feminity by an Italian designer arising out of Japanese artistic forms of production and distribution within an economy dominated by US and multinational enterprises.

  3. The World gas model. A multi-period mixed complementarity model for the global natural gas market

    International Nuclear Information System (INIS)

    Egging, Ruud; Holz, Franziska; Gabriel, Steven A.

    2010-01-01

    We provide the description, mathematical formulation and illustrative results of the World Gas Model, a multi-period complementarity model for the global natural gas market with explicit consideration of market power in the upstream market. Market players include producers, traders, pipeline and storage operators, LNG (liquefied natural gas) liquefiers and regasifiers as well as marketers. The model data set contains more than 80 countries and regions and covers 98% of world wide natural gas production and consumption. We also include a detailed representation of cross-border natural gas pipelines and constraints imposed by long-term contracts in the LNG market. The model is calibrated to match production and consumption projections from the PRIMES [EC. European energy and transport: trends to 2030-update 2007. Brussels: European Commission; 2008] and POLES models [EC. World energy technology outlook - 2050 (WETO-H2). Brussels: European Commission; 2006] up to 2030. The results of our numerical simulations illustrate how the supply shares of pipeline and LNG in various regions in the world develop very differently over time. LNG will continue to play a major role in the Asian market, also for new importers like China and India. Europe will expand its pipeline import capacities benefiting from its relative proximity to major gas suppliers. (author)

  4. The ABCs of Chinese Pop: Wang Leehom and the Marketing of a Global Chinese Celebrity

    Directory of Open Access Journals (Sweden)

    Grace Wang

    2012-06-01

    Full Text Available How did singer Wang Leehom, a Chinese American raised in the suburbs of New York, end up becoming one of the industry heavyweights of Mandopop (Mandarin-language pop music? This essay uses Wang as a case study to investigate how discourses of race, market, and belonging are reworked in global contexts. Drawing on Sau-ling Wong’s theoretical insights on transnational processes of race, citizenship, and belonging, it argues that Wang capitalizes on a fluid dynamic of sameness and difference to appeal to a heterogeneous Chinese-speaking audience that stretches across China to Taiwan, Hong Kong, Southeast Asia, and the greater Chinese diaspora. Through an examination of the racial and national contexts that frame Wang’s participation in Mandopop, this essay analyzes the particular calibrations of Chineseness that emerge from the singer’s music and public image and the imperfect translation of identities such as Chinese American, Chinese diasporic, and Chinese across diverse linguistic and national communities.

  5. Environmental Defects And Economic Impact On Global Market Of Rare Earth Metals

    Science.gov (United States)

    Charalampides, G.; Vatalis, K.; Karayannis, V.; Baklavaridis, A.

    2016-11-01

    Rare earth elements include the 14 lanthanides as well as lanthanium and often yttrium. Actually, most of them are not very rare and occur widely dispersed in a variety of rocks. Rare earth metals are vital to some of the world's faster growing industries: catalysts, Nd-magnets, ceramics, glass, metallurgy, battery alloys, electronics and phosphors. Worldwide, the main countries for distribution of rare earths deposits include China, USA, Russia, Brasil, India, Australia, Greenland and Malaysia. The mining and processing of rare earth metals usually result in significant environmental defects. Many deposits are associated with high concentrations of radioactive elements such as uranium and thorium, which requires separate treatment and disposal. The accumulation of rare earth elements in soils has occurred due to pollution caused by the exploitation of rare earth resources and the wide use of rare earths as fertilizers in agriculture. This accumulation has a toxic effect on the soil microfauna community. However, there are large differences in market prices due to the degree of purity determined by the specifications in the applications. The main focus of this article is to overview Rare Earth Metals’ overall impact on global economy and their environmental defects on soils during processing techniques and as they are used as fertilizers.

  6. Una visión global del e.Learning y su e.Market

    Directory of Open Access Journals (Sweden)

    Guillermo Vázquez

    Full Text Available Las Tecnologías de la Información y de la Comunicación y su aplicación en la formación y entrenamiento de los profesionales, mediante el eLearning, supone una de las grandes revoluciones que caracterizan a la Sociedad del Conocimiento. Sin embargo solo una estrategia global que encare todas sus facetas simultáneamente puede acompasar el desarrollo tecnológico y su implementación efectiva. En este artículo los autores subrayan en primer lugar la importancia del liderazgo en la fase actual de implantación y aceptación del eLearning, y los punto claves sobre los que se debe de sustentar. En segundo lugar explican las características de las acciones formativas online, y su engarce en un Campus Virtual. En tercer lugar se explican las características tecnológicas del eLearning. Finalmente recalcan la necesidad de un eMarket para asegurar que lo altos costes de una nueva metodología, son sostenibles.

  7. Una visión global del e.Learning y su e.Market

    Directory of Open Access Journals (Sweden)

    Guillermo Vázquez

    2006-12-01

    Full Text Available Las Tecnologías de la Información y de la Comunicación y su aplicación en la formación y entrenamiento de los profesionales, mediante el eLearning, supone una de las grandes revoluciones que caracterizan a la Sociedad del Conocimiento. Sin embargo solo una estrategia global que encare todas sus facetas simultáneamente puede acompasar el desarrollo tecnológico y su implementación efectiva. En este artículo los autores subrayan en primer lugar la importancia del liderazgo en la fase actual de implantación y aceptación del eLearning, y los punto claves sobre los que se debe de sustentar. En segundo lugar explican las características de las acciones formativas online, y su engarce en un Campus Virtual. En tercer lugar se explican las características tecnológicas del eLearning. Finalmente recalcan la necesidad de un eMarket para asegurar que lo altos costes de una nueva metodología, son sostenibles.

  8. Mitigating global warming: traditional versus alternative approaches in a planning versus a market context

    Energy Technology Data Exchange (ETDEWEB)

    Olerup, Brita [Royal Inst. of Technology, Dept. of Industrial Economics and Management, Stockholm (Sweden)

    2002-06-01

    Economic efficiency tends to be an important argument when different means of environmental control are assessed and suggested. Considering that the most cost-efficient means are not the ones most frequently chosen and used, some other qualities seem to play an equally important role. I use findings from organisational theory and negotiation theory to better understand what is concealed in the black-box of decision-making and implementation. My empirical material consists of case studies of four different means of environmental control used in Sweden during the 1990s to mitigate the threat of global warming. These are an environmental tax, a licensing trial, municipal energy planning, and technology procurement. Each represents a particular discipline (economic, legal, physical planning, or technological) in which a context (planning or market) and an approach (traditional relay race or alternative process-oriented) are combined. Although each means has its particular niche, some qualities stand out as superior. Such means need to be divisible in space as well as in time. It is then easier to get started. Since it is just as easy to deviate from, rather than adhere to, the predetermined course after a while, some incentive must be given to the person in charge of implementation. In other words, the classic proverb of using sticks and carrots is still valid although it is not always taken to heart and practised. (Author)

  9. Coal lumps vs. electrons: How do Chinese bulk energy transport decisions affect the global steam coal market?

    International Nuclear Information System (INIS)

    Paulus, Moritz; Trüby, Johannes

    2011-01-01

    This paper demonstrates the ways in which different Chinese bulk energy transport strategies affect the future steam coal market in China and in the rest of the world. An increase in Chinese demand for steam coal will lead to a growing need for additional domestic infrastructure as production hubs and demand centers are spatially separated, and domestic transport costs could influence the future Chinese steam coal supply mix. If domestic transport capacity is available only at elevated costs, Chinese power generators could turn to the global trade markets and further increase steam coal imports. Increased Chinese imports could then yield significant changes in steam coal market economics on a global scale. This effect is analyzed in China, where coal is mainly transported by railway, and in another setting where coal energy is transported as electricity. For this purpose, a spatial equilibrium model for the global steam coal market has been developed. One major finding is that if coal is converted into electricity early in the supply chain, worldwide marginal costs of supply are lower than if coal is transported via railway. Furthermore, China's dependence on international imports is significantly reduced in this context. Allocation of welfare changes particularly in favor of Chinese consumers while rents of international producers decrease.

  10. Empirical dynamics of emerging financial markets during the global mortgage crisis

    Directory of Open Access Journals (Sweden)

    Rahmi Erdem Aktuğ

    2015-03-01

    Full Text Available Focusing on five major emerging markets, I investigate the interactions between credit default swap premiums, foreign exchange rates, local currency government bond spreads, and national stock market returns over the period 4/2/2007 to 8/27/2009. Empirical analysis indicates that bond markets, along with foreign exchange markets, were very dominant in the price discovery process during a common distressed period.

  11. Welfare state, labour market inequalities and health. In a global context: an integrated framework. SESPAS report 2010.

    Science.gov (United States)

    Muntaner, Carles; Benach, Joan; Chung, Haejoo; Edwin, N G; Schrecker, Ted

    2010-12-01

    Since the nineteen seventies, high- and low-income countries have undergone a pattern of transnational economic and cultural integration known as globalization. The weight of the available evidence suggests that the effects of globalization on labor markets have increased economic inequality and various forms of economic insecurity that negatively affect workers' health. Research on the relation between labor markets and health is hampered by the social invisibility of many of these health inequalities. Empirical evidence of the impact of employment relations on health inequalities is scarce for low-income countries, small firms, rural settings, and sectors of the economy in which "informality" is widespread. Information is also scarce on the effectiveness of labor market interventions in reducing health inequalities. This pattern is likely to continue in the future unless governments adopt active labor market policies. Such policies include creating jobs through state intervention, regulating the labor market to protect employment, supporting unions, and ensuring occupational safety and health standards. Copyright © 2010 SESPAS. Published by Elsevier Espana. All rights reserved.

  12. Co-movement of Africa's equity markets: Regional and global analysis in the frequency-time domains

    Science.gov (United States)

    Boako, Gideon; Alagidede, Paul

    2017-02-01

    This paper examines regional and global co-movement of Africa's stock markets using the three-dimensional continuous Morlet wavelet transform methodology. The analyses which are done in segments investigate co-movements with global markets; bilateral exchange rates expressed in US dollars and euro; and four regional markets in Africa. First, we find evidence of stronger co-movements broadly narrowed to short-run fluctuations. The co-movements are time-varying and commonly non-homogeneous - with phase difference arrow vectors implying lead-lag relationships. The presence of lead-lag effects and stronger co-movements at short-run fluctuations may induce arbitrage and diversification opportunities to both local and international investors with long-term investment horizons. The findings also reveal that some African equity markets are, to a degree, segmented from volatilities of the dollar and euro exchange rates. Thus, inferring that, ceteris paribus, international investors may diversify their portfolio investments across those markets without worrying about the effects of currency price volatility.

  13. Supply disruptions and regional price effects in a spatial oligopoly. An application to the global gas market

    International Nuclear Information System (INIS)

    Growitsch, Christian; Hecking, Harald; Panke, Timo

    2013-01-01

    Supply shocks in the global gas market may affect countries differently, as the market is regionally interlinked but not perfectly integrated. Additionally, high supply-side concentration may expose countries to market power in different ways. To evaluate the strategic position of importing countries with regard to gas supplies, we disentangle import price components into increasing and decreasing factors. Due to the complexity of the interrelations in the global gas market, we use an equilibrium model programmed as a mixed complementarity problem (MCP) and simulate the blockage of LNG ows through the Strait of Hormuz. This enables us to account for the oligopolistic nature and the asymmetry of the gas supply. We find that Japan faces the most severe price increases, as the Japanese gas demand completely relies on LNG supply. In contrast, European countries such as the UK benefit from good interconnection to the continental pipeline system and domestic pricetaking production, both of which help to mitigate an increase in physical costs of supply as well as in the exercise of market power.

  14. New Faces of Globalization: Market Integration, Production Disintegration, Genesis of New Global Organizational Structures for Production and Trade

    OpenAIRE

    Sarmiza Pencea

    2010-01-01

    Due to trade liberalisation and ITC revolution, companies could imagine new and better ways of creating and delivering value. In search of higher efficiency, competitiveness and profits, they reorganise, choosing to focus on their core competencies and to globally outsource, or offshore non-core activities and functions. As a result, reorganisation and relocation became the new forces of change across economies, leading to the rise of new, more diverse and more efficient global organisational...

  15. The Impact of the 2008 Global Financial Crisis on the Structure of the Transmission of Price Innovations Across Financial Markets: The Case of Southwest Asian Equity Markets

    Directory of Open Access Journals (Sweden)

    Liao Qunfeng

    2016-06-01

    Full Text Available This study examines the reaction of Southeast Asian equity markets to the transmission of price innovations from major equity markets during the pre and post periods of the 2008 global financial crisis. In particular, we examine the reaction of returns indices in Malaysia, the Philippines, South Korea, Taiwan, and Thailand as endogenous variables, and compare them to the returns indices of the U.S., the Eurozone, Japan, and China as exogenous variables. The results of VAR models indicate the combined and individual impact of the price innovations from the major equity markets on the volatility of returns of selected countries is relatively trivial during either the pre- or post-financial crisis periods. However, the individual impact of the U.S. innovations is generally higher during the post-financial crisis. The ARCH and GARCH models indicate the stock markets of Southeast Asian countries are more responsive to their own price innovations during both the pre- and the post-crisis periods, although some response to U.S. and Eurozone shocks is also observed.

  16. The impact of global oil price shocks on China’s bulk commodity markets and fundamental industries

    International Nuclear Information System (INIS)

    Zhang, Chuanguo; Chen, Xiaoqing

    2014-01-01

    This paper investigated the reaction of aggregate commodity market to oil price shocks and also explored the effects of oil price shocks on China's fundamental industries: metals, petrochemicals, grains and oilfats. We separated the volatilities of oil price into expected, unexpected and negatively expected categories to identify how oil prices influence bulk commodity markets. We contrasted the results between different periods and among classified indices, in order to discover the significant changes in recent years and the differences at an industry level. Our results indicate that the aggregate commodity market was affected by both expected and unexpected oil price volatilities in China. The impact of unexpected oil price volatilities became more complex after 2007. The metals and grains indices did not significantly respond to the expected volatility in oil prices, in contrast to the petrochemicals and oilfats indices. These results not only contribute to advancing the existing literature, but also merit particular attention from policy makers and market investors in China. - Highlights: • We investigated the impact of global oil price shocks on China’s bulk commodity markets and fundamental industries. • The aggregate commodity market was affected by both expected and unexpected oil price volatilities. • The impact of unexpected oil price volatilities became more complex after 2007. • The metals and grains indices did not significantly respond to the expected volatility in oil prices

  17. Gasification of biomass for energy production. State of technology in Finland and global market perspectives

    Energy Technology Data Exchange (ETDEWEB)

    Wilen, C.; Kurkela, E. [VTT Energy, Espoo (Finland). Energy Production Technologies

    1997-12-31

    This report reviews the development of the biomass gasification technology in Finland over the last two decades. Information on Finnish biomass resources and use, energy economy and national research policy is provided as background. Global biomass resources and potential energy from biomass markets are also assessed based on available literature, to put the development of the gasification technology into a wider perspective of global biomass utilization for energy production. The increasing use of biomass and other indigenous forms of energy has been part and parcel of the Finnish energy policy for some twenty years. Biomass and peat account for almost 20% of the production of primary energy in Finland. As the consumption of biofuels is significantly lower than the annual growth or renewal, the use of bioenergy is considered to be an important measure of reducing carbon dioxide emissions. Research and development on thermal gasification of solid fuels was initiated in the late 1970s in Finland. The principal aim was to decrease the dependence of Finnish energy economy on imported oil by increasing the utilization potential of indigenous fuels. Development in the early 1980s focused on simple atmospheric-pressure fuel gas applications including a gasification heating plant. Eight Bioneer updraft gasifiers (abt 5 MW{sub th}) were constructed in 1982-1986, and a new Bioneer gasifier was commissioned in eastern Finland in 1996. A Pyroflow circulating fluidised-bed gasifies was also commercialized in the mid-1980s; four gasifiers (15-35 MW{sub th}) were commissioned. In the late 1980s the interest in integrated gasification combined-cycle (IGCC) power plants, based on pressurised air gasification of biomass and hot gas cleanup, increased in Finland and in many other countries. The utilization potential for indigenous fuels is mainly in medium-scale combined heat and electricity production (20-150 MW,). Foster Wheeler Energia Oy, Carbona Inc. and Imatran Voima Oy are

  18. Gasification of biomass for energy production. State of technology in Finland and global market perspectives

    International Nuclear Information System (INIS)

    Wilen, C.; Kurkela, E.

    1997-01-01

    This report reviews the development of the biomass gasification technology in Finland over the last two decades. Information on Finnish biomass resources and use, energy economy and national research policy is provided as background. Global biomass resources and potential energy from biomass markets are also assessed based on available literature, to put the development of the gasification technology into a wider perspective of global biomass utilization for energy production. The increasing use of biomass and other indigenous forms of energy has been part and parcel of the Finnish energy policy for some twenty years. Biomass and peat account for almost 20% of the production of primary energy in Finland. As the consumption of biofuels is significantly lower than the annual growth or renewal, the use of bioenergy is considered to be an important measure of reducing carbon dioxide emissions. Research and development on thermal gasification of solid fuels was initiated in the late 1970s in Finland. The principal aim was to decrease the dependence of Finnish energy economy on imported oil by increasing the utilization potential of indigenous fuels. Development in the early 1980s focused on simple atmospheric-pressure fuel gas applications including a gasification heating plant. Eight Bioneer updraft gasifiers (abt 5 MW th ) were constructed in 1982-1986, and a new Bioneer gasifier was commissioned in eastern Finland in 1996. A Pyroflow circulating fluidised-bed gasifies was also commercialized in the mid-1980s; four gasifiers (15-35 MW th ) were commissioned. In the late 1980s the interest in integrated gasification combined-cycle (IGCC) power plants, based on pressurised air gasification of biomass and hot gas cleanup, increased in Finland and in many other countries. The utilization potential for indigenous fuels is mainly in medium-scale combined heat and electricity production (20-150 MW,). Foster Wheeler Energia Oy, Carbona Inc. and Imatran Voima Oy are the main

  19. The risk of global financial markets: The case of China in a developing country

    Directory of Open Access Journals (Sweden)

    Philemon Nji Kum

    2017-02-01

    Full Text Available Globalization has forced many countries to rely on one another for products and services which they are unable to source locally. More so, trade is used as the channel to procure those. South Africa and China share very close relations which are boosted by South Africa’s neo-liberal policy, and its membership of the BRICS bloc. Often, this relationship has been subjected to different interpretations leading to the inability to reach a consensus on South Africa’s intention and exact benefits from neo-liberalization and membership of BRICS bloc. On this basis, we affirm that a notable gap exists in scholarly literature which has not provided the full-fledged understanding of the impact of Chinese manufactured goods into South Africa. We draw from the concepts of protectionism and free trade to expatiate the concerns raised by many with respect to the nature and benefits of the relationship. The paper relied extensively on secondary sources of data from which the authors then analyzed, interpreted and drew conclusions to provide a contextual explanation of the phenomenon of Chinese invasion of South African market. This method was useful for two reasons; namely its capacity to generate new insights and secondly, access to comparative studies. While the results show that South African clothing firms are increasingly shutting down because of lower prices from international competitors (especially China, and also due to structural issues of the present South African economy, we are equally aware of the extensive pressure from interest groups for the South African government to protect major local industries such as steel and textile. We argue anyway that the South African government is playing its cards carefully to avoid a backlash, especially considering its position within the BRICS bloc.

  20. Globalization of the cashmere market and the decline of large mammals in central Asia.

    Science.gov (United States)

    Berger, Joel; Buuveibaatar, Bayarbaatar; Mishra, Charudutt

    2013-08-01

    As drivers of terrestrial ecosystems, humans have replaced large carnivores in most areas, and human influence not only exerts striking ecological pressures on biodiversity at local scales but also has indirect effects in distant corners of the world. We suggest that the multibillion dollar cashmere industry creates economic motivations that link western fashion preferences for cashmere to land use in Central Asia. This penchant for stylish clothing, in turn, encourages herders to increase livestock production which affects persistence of over 6 endangered large mammals in these remote, arid ecosystems. We hypothesized that global trade in cashmere has strong negative effects on native large mammals of deserts and grassland where cashmere-producing goats are raised. We used time series data, ecological snapshots of the biomass of native and domestic ungulates, and ecologically and behaviorally based fieldwork to test our hypothesis. In Mongolia increases in domestic goat production were associated with a 3-fold increase in local profits for herders coexisting with endangered saiga (Saiga tatarica).That increasing domestic grazing pressure carries fitness consequences was inferred on the basis of an approximately 4-fold difference in juvenile recruitment among blue sheep (Pseudois nayaur)in trans-Himalayan India. Across 7 study areas in Mongolia, India, and China's Tibetan Plateau, native ungulate biomass is now degradation and decreased capacity for the persistence of native species, including at least 8 Asian endemic species: saiga, chiru (Pantholops hodgsoni), Bactrian camel (Camelus bactrianus), snow leopard(Panthera uncia), khulan(Equus hemionus), kiang (E. kiang), takhi (E. przewalski), and wild yak (Bos mutus). Our results suggest striking yet indirect and unintended actions that link trophic-level effects to markets induced by the trade for cashmere. © 2013 Society for Conservation Biology.

  1. Impacts of El Niño-Southern Oscillation on the wheat market: A global dynamic analysis.

    Science.gov (United States)

    Gutierrez, Luciano

    2017-01-01

    Although the widespread influence of the El Niño-Southern Oscillation (ENSO) occurrences on crop yields of the main agricultural commodities is well known, the global socio-economic consequences of ENSO still remain uncertain. Given the global importance of wheat for global consumption by providing 20% of global calories and nourishment, the monitoring and prediction of ENSO-induced variations in the worldwide wheat market are essential for allowing national governments to manage the associated risks and to ensure the supplies of wheat for consumers, including the underprivileged. To this end, we propose a global dynamic model for the analysis of ENSO impacts on wheat yield anomalies, export prices, exports and stock-to-use ratios. Our framework focuses on seven countries/regions: the six main wheat-exporting countries-the United States, Argentina, Australia, Canada, the EU, and the group of the main Black Sea export countries, i.e. Russia, Ukraine, and Kazakhstan-plus the rest of the world. The study shows that La Niña exerts, on average, a stronger and negative impact on wheat yield anomalies, exports and stock-to-use ratios than El Niño. In contrast, wheat export prices are positively related to La Niña occurrences evidencing, once again, its steady impact in both the short and long run. Our findings emphasize the importance of the two ENSO extreme phases for the worldwide wheat market.

  2. The Leap of a Provincial SME into the Global Market Using E-commerce: The Success of Adequate Planning

    Science.gov (United States)

    Sainz de Abajo, Beatriz; García Salcines, Enrique; Burón Fernández, F. Javier; López Coronado, Miguel; de Castro Lozano, Carlos

    The leap into the global market is not easy when it involves a provincial family business. This article demonstrates how adequate planning is fundamental in a small and medium-sized enterprise (SME) with the tight budget they have available to them, in order to be able to differentiate themselves in a highly competitive market, taking into accounts the benefits and risks involved. The Information Technology (IT) tools put in place will give the necessary support and allow for the possibility of increasing and improving the infrastructure as the company requires. An adequate strategy for the future to increases sales would be e-marketing techniques as well as the current promotions which contribute to diffusing the brand.

  3. Building a French for Business and Technology Program Abroad: Giving Students an Edge in an Expanding Global Job Market

    OpenAIRE

    Lemarchand, Lionel J.

    2010-01-01

    The reality of globalization has made international programs more significant than ever before. Students from all over the world are accessing an increasingly competitive world market. Understanding other cultures in the social sense and in the business culture sense is crucial not only for their own benefits but also for their careers. This article describes how to develop an “Abroad Business and Technology Program” and presents the principal components that can insure its success. It also s...

  4. Experiential Marketing On Brand Advocacy: A Mixed-Method Approach On Global Apple Product Users

    OpenAIRE

    Ricardo Machado; Michael C. Cant; Helen Seaborne

    2014-01-01

    Traditionally, marketing was about delivering the right product to the consumer at the right place and set at the right price. In recent years, experiential marketing has increased in popularity among companies that aim at delivering holistic experiences to be enjoyed by their consumers. With the technology explosion and the level of development the past number of years, marketers have become more and more focussed on different ways and methods to reach consumers. The use of experiential mark...

  5. Features of the Institutional Structure of the Polish Stock Market under Conditions of Transformational Changes in the Global Financial Environment

    Directory of Open Access Journals (Sweden)

    Goncharenko Nataliia I.

    2017-03-01

    Full Text Available Under modern conditions of transformational changes in the global financial environment, the international stock market acquires stable features of activization of investment activity, formation of a large network of professional participants in the stock market and its multi-level institutional structure, expansion of the range of trade in securities, access of economic entities of different countries to financial resources and diversification of mechanisms of concentration, etc. There conducted a study of peculiarities of the institutional structure of the Polish stock market in the context of transformational changes in the global economic system. The factors influencing the volume of capitalization of the Warsaw Stock Exchange are analyzed; the dependence of the capitalization of the Exchange on foreign portfolio investments in shares of Polish issuers is revealed. Based on the results of own calculations of multiple correlation coefficients, the level of dependence between capital stock market indicators and assets of such financial institutions in Poland as investment and open pension funds, insurance companies is determined, and a significant interconnection of assets of investment and open pension funds and insurance companies is revealed. The obtained results can become a basis for institutional investors in the process of making effective decisions on expanding the range of trading in securities.

  6. The impact of German biogas production on European and global agricultural markets, land use and the environment

    International Nuclear Information System (INIS)

    Britz, Wolfgang; Delzeit, Ruth

    2013-01-01

    As part of its climate policy, Germany promotes the production of biogas via its so-called Renewable-Energy-Act (EEG). The resulting boost in biogas output went along with a significant increase in production of green maize, the dominant feedstock. Existing studies of the EEG have analysed its impacts on German agriculture without considering market feedback. We thus expand existing quantitative analysis by also considering impacts on European and global agricultural markets, land use and the environment by combining a detailed location model for biogas plants, the Regionalised Location Information System-Maize (ReSi-M2012), with a global Partial Equilibrium model for agriculture, the Common Agricultural Policy Regional Impact (CAPRI) model. Our results indicate that the German biogas production is large enough to have sizeable impacts on global agricultural markets in prices and quantities, causing significant land use change outside of Germany. While profits in the agricultural sector increase, food consumer face higher prices, and subsidies for biogas production are passed on to electricity consumers. The German biogas program, as long as it is almost entirely based on non-waste feedstocks, is probably not a promising avenue towards a GHG-saving renewable energy production, but a rather expensive one. - Highlights: • Recent changes to that program decrease green maize use but increase land demands. • The program could raise EU prices for cereals by 3%. • Agricultural land use expansion outside of the EU estimated at 1 Mio ha

  7. New Faces of Globalization: Market Integration, Production Disintegration, Genesis of New Global Organizational Structures for Production and Trade

    Directory of Open Access Journals (Sweden)

    Sarmiza Pencea

    2010-07-01

    Full Text Available Due to trade liberalisation and ITC revolution, companies could imagine new and better ways of creating and delivering value. In search of higher efficiency, competitiveness and profits, they reorganise, choosing to focus on their core competencies and to globally outsource, or offshore non-core activities and functions. As a result, reorganisation and relocation became the new forces of change across economies, leading to the rise of new, more diverse and more efficient global organisational structures for investment, production and trade. A number of developing countries with adequate comparative advantages could better benefit from these processes, accelerating their own industralization and modernization, increasing their access to new technologies and managerial know-how and turning themselves into successful, high-rate growing, „ emerging” economies. The paper concludes that under such a global backdrop, taking part in global value chains (GVC and in international production networks (IPNs could be the best strategic option for both company strategies and governmental catch-up policies, provided that, or especially if companies enjoy high competences and tacit skills which make them capable of assuming complex tasks and of climbing further the technological ladder.

  8. Profession. Gas triumph celebrated in Nice. Globalization at all levels; Profession. Le triomphe du gaz celebre a Nice. Globalisation a tous les etages

    Energy Technology Data Exchange (ETDEWEB)

    Robert, J.

    2000-08-01

    These columns comprise two articles. The first article presents a status of the conclusions of the 21. world gas congress held in Nice (France) in June 6-9, 2000. Natural gas has been promoted 'energy of the 21. century' and presented as a vector of economic development and environment protection. The deregulation of markets, the new forms of competition and partnership and the new technologies were in the center of debates and presentations. The second article concerns the 16. world oil congress, held in Calgary (Canada) in June 2000. Durable economic development, environment and Internet were the three main topics of the congress. In front of the globalization of economies and the development of Internet, oil companies need to change their working procedures which will lead to the acceptance of the durable development concept. The objective is to take into consideration the environment and the social dimension in any new project. (J.S.)

  9. Market Concentration and Price Formation in the Global Cocoa Value Chain.

    NARCIS (Netherlands)

    Oomes, N.; Tieben, B.; Laven, A.; Ammerlaan, T.; Appelman, R.; Biesenbeek, Cindy; Buunk, E.

    2016-01-01

    This report explores to what extent market concentration in the cocoa value chain is responsible for the widespread poverty of cocoa farmers. The report finds that market concentration among chocolate manufacturers and cocoa processors is not the key cause. Instead, there are two other key reasons

  10. Global Benchmarking of Marketing Doctoral Program Faculty and Institutions by Subarea

    Science.gov (United States)

    Elbeck, Matt; Vander Schee, Brian A.

    2014-01-01

    This study benchmarks marketing doctoral programs worldwide in five popular subareas by faculty and institutional scholarly impact. A multi-item approach identifies a collection of top-tier scholarly journals for each subarea, while citation data over the decade 2003 to 2012 identify high scholarly impact marketing faculty by subarea used to…

  11. Global electricity transformation: The critical need for integrated market design and risk management research

    International Nuclear Information System (INIS)

    Hung-po Chao

    2006-01-01

    The past three decades transformed the electricity industry. The essential goals of liberalization have been to lower costs, improve reliability, and stimulate investment and innovations through establishment of competitive electricity markets, while also relying on market mechanisms to provide creative solutions to environmental and security problems. In many instances, these goals have been achieved, but the occurrence of some spectacular market failures have brought into question the whole restructuring effort. This paper reviews recent experiences with market reform and concludes that a significant cause of failure has been the rush to unbundle vertically integrated utilities without sufficient consideration of alternative ways to manage the risk of electricity market restructuring. In particular, there is a critical need for integrated market design and risk management research to improve the process of market transformation by taking a more evolutionary approach to discover a 'Third Way' above vertical integration and full unbundling. Such research can offer a crucial feedback link to the restructuring process by identifying important lessons to be learned from past experience and developing new analytical tools to help introduce more successful market designs for the future. (author)

  12. 77 FR 3922 - Rules for Investigations Relating to Global and Bilateral Safeguards Actions, Market Disruption...

    Science.gov (United States)

    2012-01-26

    ... Bilateral Safeguards Actions, Market Disruption, Trade Diversion, and Review of Relief Actions AGENCY..., market disruption, trade diversion and review of relief actions (Part 206 of its Rules). The amendments... DISRUPTION, AND REVIEW OF RELIEF ACTIONS Section 206.1 of subpart 206, which lists the statutory authorities...

  13. Improving International Marketing Programs to Reflect Global Complexity and Risk: Curriculum Drivers and Constraints

    Science.gov (United States)

    Vos, Lynn

    2013-01-01

    This article looks at the curriculum redesign of a master's-level program in international marketing from a UK perspective. In order to ensure that the program would be more fit-for-purpose for future managers working under conditions of complexity, uncertainty, and within regimes often very different from the home market, the team began the…

  14. Creating a global labour market: the opportunities and challenges of outsourcing and reshoring

    NARCIS (Netherlands)

    Beerepoot, N.

    2014-01-01

    The classification of who benefits or loses from globalization is no longer based on the sector in which one works or the skill group a person belongs to. An increasing number of workers are experiencing global competition for their jobs as there is a global convergence in the international division

  15. Cigarette smoking and cigarette marketing exposure among students in selected African countries: Findings from the Global Youth Tobacco Survey.

    Science.gov (United States)

    Zhao, Luhua; Palipudi, Krishna M; Ramanandraibe, Nivo; Asma, Samira

    2016-10-01

    To investigate cigarette smoking prevalence and exposure to various forms of cigarette marketing among students in 10 African countries. We used data collected during 2009-2011 from the Global Youth Tobacco Survey (GYTS), a school-based cross-sectional survey of students aged 13-15years, to measure the prevalence of cigarette smoking and exposure to cigarette marketing; comparisons to estimates from 2005 to 2006 were conducted for five countries where data were available. Current cigarette smoking ranged from 3.4% to 13.6% among students aged 13-15 in the 10 countries studied, although use of tobacco products other than cigarettes was more prevalent in all countries except in Cote D'Ivoire. Cigarette smoking was higher among boys than girls in seven out of the 10 countries. Among the five countries with two rounds of surveys, a significant decrease in cigarette smoking prevalence was observed in Mauritania and Niger; these two countries also experienced a decline in three measures of cigarette marketing exposure. It is also possible that smoking prevalence might have risen faster among girls than boys. Cigarette smoking among youth was noticeable in 10 African countries evaluated, with the prevalence over 10% in Cote D'Ivoire, Mauritania, and South Africa. Cigarette marketing exposure varied by the types of marketing; traditional venues such as TV, outdoor billboards, newspapers, and magazines were still prominent. Published by Elsevier Inc.

  16. Real-Time Price Discovery in Global Stock, Bond and Foreign Exchange Markets

    DEFF Research Database (Denmark)

    Andersen, Torben G.; Bollerslev, Tim; Diebold, Francis X.

    Using a unique high-frequency futures dataset, we characterize the response of U.S., German and British stock, bond and foreign exchange markets to real-time U.S. macroeconomic news. We find that news produces conditional mean jumps; hence high-frequency stock, bond and exchange rate dynamics...... are linked to fundamentals. Equity markets, moreover, react differently to news depending on the stage of the business cycle, which explains the low correlation between stock and bond returns when averaged over the cycle. Hence our results qualify earlier work suggesting that bond markets react most strongly...... to macroeconomic news; in particular, when conditioning on the state of the economy, the equity and foreign exchange markets appear equally responsive. Finally, we also document important contemporaneous links across all markets and countries, even after controlling for the effects of macroeconomic news....

  17. Comment les différences entre consommateurs francophones et néerlandophones sont-elles perçues et prises en compte par les professionnels du marketing en Belgique, dans le domaine du B2C ?

    OpenAIRE

    Willems, Robin

    2015-01-01

    L'objectif du mémoire est de comprendre comment les différences entre les consommateurs francophones et néerlandophones de Belgique sont perçues et prises en compte par les professionnels du marketing dans le domaine du B2C. La méthodologie d'étude consiste premièrement en une revue de la littérature sur les thèmes du marketing multiculturel et des différences entre francophones et néerlandophones de Belgique. Sur base de cette revue de littérature et d'interviews, des hypothèses de recherche...

  18. Climate variability and change scenarios for a marine commodity: Modelling small pelagic fish, fisheries and fishmeal in a globalized market

    Science.gov (United States)

    Merino, Gorka; Barange, Manuel; Mullon, Christian

    2010-04-01

    The world's small pelagic fish populations, their fisheries, fishmeal and fish oil production industries and markets are part of a globalised production and consumption system. The potential for climate variability and change to alter the balance in this system is explored by means of bioeconomic models at two different temporal scales, with the objective of investigating the interactive nature of environmental and human-induced changes on this globalised system. Short-term (interannual) environmental impacts on fishmeal production are considered by including an annual variable production rate on individual small pelagic fish stocks over a 10-year simulation period. These impacts on the resources are perceived by the fishmeal markets, where they are confronted by two aquaculture expansion hypotheses. Long-term (2080) environmental impacts on the same stocks are estimated using long-term primary production predictions as proxies for the species' carrying capacities, rather than using variable production rates, and are confronted on the market side by two alternative fishmeal management scenarios consistent with IPCC-type storylines. The two scenarios, World Markets and Global Commons, are parameterized through classic equilibrium solutions for a global surplus production bioeconomic model, namely maximum sustainable yield and open access, respectively. The fisheries explicitly modelled in this paper represent 70% of total fishmeal production, thus encapsulating the expected dynamics of the global production and consumption system. Both short and long-term simulations suggest that the sustainability of the small pelagic resources, in the face of climate variability and change, depends more on how society responds to climate impacts than on the magnitude of climate alterations per se.

  19. Flexible LNG supply, storage and price formation in a global natural gas market

    Science.gov (United States)

    Hayes, Mark Hanley

    The body of work included in this dissertation explores the interaction of the growing, flexible liquefied natural gas (LNG) trade with the fundamentals of pipeline gas supply, gas storage, and gas consumption. By nature of its uses---largely for residential heating and electric power generation---the consumption of natural gas is highly variable both seasonally and on less predictable daily and weekly timescales. Flexible LNG trade will interconnect previously isolated regional gas markets, each with non-correlated variability in gas demand, differing gas storage costs, and heterogeneous institutional structures. The dissertation employs a series of analytical models to address key issues that will affect the expansion of the LNG trade and the implications for gas prices, investment and energy policy. First, I employ an optimization model to evaluate the fundamentals of seasonal LNG swing between markets with non-correlated gas demand (the U.S. and Europe). The model provides insights about the interaction of LNG trade with gas storage and price formation in interconnected regional markets. I then explore how random (stochastic) variability in gas demand will drive spot cargo movements and covariation in regional gas prices. Finally, I analyze the different institutional structures of the gas markets in the U.S. and Europe and consider how managed gas markets in Europe---without a competitive wholesale gas market---may effectively "export" supply and price volatility to countries with more competitive gas markets, such as the U.S.

  20. How Philip Morris unlocked the Japanese cigarette market: lessons for global tobacco control.

    Science.gov (United States)

    Lambert, A; Sargent, J D; Glantz, S A; Ling, P M

    2004-12-01

    The Framework Convention on Tobacco Control includes tobacco advertising restrictions that are strongly opposed by the tobacco industry. Marketing strategies used by transnational tobacco companies to open the Japanese market in the absence of such restrictions are described. Analysis of internal company documents. Between 1982 and 1987 transnational tobacco companies influenced the Japanese government through the US Trade Representative to open distribution networks and eliminate advertising restrictions. US cigarette exports to Japan increased 10-fold between 1985 and 1996. Television advertising was central to opening the market by projecting a popular image (despite a small actual market share) to attract existing smokers, combined with hero-centred advertisements to attract new smokers. Philip Morris's campaigns featured Hollywood movie personalities popular with young men, including James Coburn, Pierce Brosnan, Roger Moore, and Charlie Sheen. Event sponsorships allowed television access despite restrictions. When reinstatement of television restrictions was threatened in the late 1980s, Philip Morris more than doubled its television advertising budget and increased sponsorship of televised events. By adopting voluntary advertising standards, transnational companies delayed a television advertising ban for over a decade. Television image advertising was important to establish a market, and it has been enhanced using Hollywood personalities. Television advertising bans are essential measures to prevent industry penetration of new markets, and are less effective without concurrent limits on sponsorship and promotion. Comprehensive advertising restrictions, as included in the Framework Convention for Tobacco Control, are vital for countries where transnational tobacco companies have yet to penetrate the market.

  1. Risk-evaluation of Hi-tech Enterprise in the Process of Approaching Global Market

    Institute of Scientific and Technical Information of China (English)

    Xiang Laisheng; Guo Yajun; Li Zhanfang

    2007-01-01

    In the high technology industry, small and medium sized technology enterprises (SMSTEs) play a pivotal role in advancing the whole industry. To achieve sustainable development, they need to extend their scope of business activities beyond a national view and exploit international market actively to meet international competitions that increase quickly in the form of allocating resources within the scope of the world. However, the SMSTEs are also facing risks associated with themselves during the process of exploiting international market owing to their own restrictions, so what they should do is to consider risk evaluations in exploiting the international market.

  2. The law of one price in global natural gas markets. A threshold cointegration analysis

    Energy Technology Data Exchange (ETDEWEB)

    Nick, Sebastian; Tischler, Benjamin

    2014-11-15

    The US and UK markets for natural gas are connected by arbitrage activity in the form of shifting trade volumes of liquefied natural gas (LNG). We empirically investigate the degree of integration between the US and the UK gas markets by using a threshold cointegration approach that is in accordance with the law of one price and explicitly accounts for transaction costs. Our empirical results reveal a high degree of market integration for the period 2000-2008. Although US and UK gas prices seemed to have decoupled between 2009 and 2012, we still find a certain degree of integration pointing towards significant regional price arbitrage. However, high threshold estimates in the latter period indicate impediments to arbitrage that are by far surpassing the LNG transport costs difference between the US and UK gas market.

  3. The emergence of the global fintech market: Economic and technological determinants

    OpenAIRE

    Haddad, Christian; Hornuf, Lars

    2016-01-01

    We investigate the economic and technological determinants inducing entrepreneurs to establish ventures with the purpose of reinventing financial technology (fintech). We find that countries witness more fintech startup formations when the latest technology is readily available, capital markets are well-developed, and people have more mobile telephone subscriptions. Furthermore, the available labor force has a positive impact on the development of this new market segment. Finally, the more so...

  4. New criteria to select foreign entry mode choice of global franchise chains into emerging markets

    OpenAIRE

    Baena Graciá, Verónica; Cerviño Fernández, Julio

    2015-01-01

    Despite emerging markets are some of the fastest growing economies in the world and represent countries that are experiencing a substantial economic transformation, little is known about the factors influencing choices of foreign entry mode in those markets. Especially, regarding companies that franchise overseas. In an attempt to expand our knowledge of this topic, this paper presents an empirical assessment of the relationship between a set of different variables with the four poss...

  5. Analysis of Telecommunication Markets of India, Singapore and Thailandand and Research Their Global Competitiveness

    OpenAIRE

    HUANG, JU-HAN

    2011-01-01

    The objective of this paper is to investigate the telecommunication markets in India, Singapore and Thailand in order to find the potentiality of the markets which could be considered by the company to expand its business in telecommunication field and also to take a proper strategy. Michael Porter proposed a model that allows analyzing why some nations are more competitive than others are, and why some industries within nations are more competitive than others are. (Porter, 1990) Porter beli...

  6. How Philip Morris unlocked the Japanese cigarette market: lessons for global tobacco control

    OpenAIRE

    Lambert, A; Sargent, J; Glantz, S; Ling, P

    2004-01-01

    Background: The Framework Convention on Tobacco Control includes tobacco advertising restrictions that are strongly opposed by the tobacco industry. Marketing strategies used by transnational tobacco companies to open the Japanese market in the absence of such restrictions are described. Methods: Analysis of internal company documents. Findings: Between 1982 and 1987 transnational tobacco companies influenced the Japanese government through the US Trade Representative to open distribution net...

  7. The impacts from globalization on the strategies of Brazilian marketing: the divide from communication front this scene

    Directory of Open Access Journals (Sweden)

    Denio Dias Arrais

    2009-03-01

    Full Text Available This article examines the history which influenced the marketing activities in the late 1980s. There were considerations of the relationship between advertising with social, cultural, economic and communication events among them. Try to permeate the identification of the effects on the development of production and marketing strategies, as the speeches were conducted this work. It was not intended to question whether this environment has brought benefits or harm, but to point its effects on communication and its effects particularly in the form of dissemination of products, services or ideas. In the 1980s, regarded by economists as the lost decade, to present results of economic development, propensity in Brazil showed even then, boiling considerable cultural communication. This period of "maturity" and the consolidation of the global village, whose scope of such an evolutionary stage of interaction between peoples due to the mass communication and, why not say, with considerable support from propaganda. Craftsmen of his time professionals in marketing and advertising created "intoxicate" and inspiration in this environment. Conventionally it is this scenario talk of globalization.

  8. Le Sanskrit

    CERN Document Server

    Balbir, Nalini

    2013-01-01

    Cet ouvrage est destiné à tous ceux qui souhaitent se mettre ou se remettre à l'étude du sanskrit et ne peuvent y consacrer que quelques minutes par jour. En suivant le principe de la méthode quotidienne Assimil, vous acquerrez progressivement le vocabulaire et la grammaire de base qui sont nécessaires à la lecture des textes de la littérature sanskrite classique. Vous trouverez dans cette méthode une approche vivante de la langue et de la culture sanskrite classique à travers des textes d'abord adaptés pour le débutant puis authentiques. En quelques mois, vous manierez la langue sans efforts ni hésitation, de manière très naturelle. Les enregistrements reprennent l'intégralité des textes en sanskrit des leçons et des exercices de traduction du livre. Ils sont interprétés, à un rythme progressif, par des locuteurs natifs professionnels.

  9. Technology learning in a global - local perspective: - the interplay between technology diffusion, niche markets and experience curves

    International Nuclear Information System (INIS)

    Martinsen, Thomas

    2010-01-01

    Preventing dangerous global climate change requires timely deployment of nascent energy technologies with zero or low Co2 emissions. Managing the shift to a common sustainable technology path calls for insight about the influence of global technological change on the national energy system. Moreover, national policies are required to promote the shift to the new technology path. This calls for methods to analyse the national energy system within a global perspective. The objective of the work presented in this thesis was to investigate interplay between technology diffusion, niche markets and technology learning from the perspective of a small open economy like Norway. More specifically, develop methods to include the influence of technology learning manifested in experience and learning curves into national energy-economy-environment models. Moreover, apply the methods to investigate the potential influence and sensitivity to technology learning in a small open economy. In this thesis three such methods have been developed, applied and its importance assessed using Norway as an example. In this work three models have been linked. They are the global Energy Technology Perspectives model operated by the International Energy Agency, the Norwegian Markal model at the Institute for Energy Technology and the macro economic model MSG6 at Statistics Norway. Method one and two has been developed to manage the interplay between the models. In a local perspective technology learning in the global market is perceived as spillover. Based upon a review of the characteristics of technological change and learning curves and its application to energy system modelling some criteria important for the parameterization and modelling of spillover in a small open economy are suggested. The first method incorporates spillover into the national Markal model. The second method establishes a soft-link between the national models. The soft-link served two purposes; to provide input on demand

  10. Responding to climate change and the global land crisis: REDD+, market transformation and low-emissions rural development.

    Science.gov (United States)

    Nepstad, Daniel C; Boyd, William; Stickler, Claudia M; Bezerra, Tathiana; Azevedo, Andrea A

    2013-06-05

    Climate change and rapidly escalating global demand for food, fuel, fibre and feed present seemingly contradictory challenges to humanity. Can greenhouse gas (GHG) emissions from land-use, more than one-fourth of the global total, decline as growth in land-based production accelerates? This review examines the status of two major international initiatives that are designed to address different aspects of this challenge. REDD+ is an emerging policy framework for providing incentives to tropical nations and states that reduce their GHG emissions from deforestation and forest degradation. Market transformation, best represented by agricultural commodity roundtables, seeks to exclude unsustainable farmers from commodity markets through international social and environmental standards for farmers and processors. These global initiatives could potentially become synergistically integrated through (i) a shared approach for measuring and favouring high environmental and social performance of land use across entire jurisdictions and (ii) stronger links with the domestic policies, finance and laws in the jurisdictions where agricultural expansion is moving into forests. To achieve scale, the principles of REDD+ and sustainable farming systems must be embedded in domestic low-emission rural development models capable of garnering support across multiple constituencies. We illustrate this potential with the case of Mato Grosso State in the Brazilian Amazon.

  11. Alcohol Marketing, Drunkenness, and Problem Drinking among Zambian Youth: Findings from the 2004 Global School-Based Student Health Survey

    Directory of Open Access Journals (Sweden)

    Monica H. Swahn

    2011-01-01

    Full Text Available This study examines the associations between alcohol marketing strategies, alcohol education including knowledge about dangers of alcohol and refusal of alcohol, and drinking prevalence, problem drinking, and drunkenness. Analyses are based on the Global School-Based Student Health Survey (GSHS conducted in Zambia (2004 of students primarily 11 to 16 years of age (=2257. Four statistical models were computed to test the associations between alcohol marketing and education and alcohol use, while controlling for possible confounding factors. Alcohol marketing, specifically through providing free alcohol through a company representative, was associated with drunkenness (AOR = 1.49; 95% CI: 1.09–2.02 and problem drinking (AOR = 1.41; 95% CI: 1.06–1.87 among youth after controlling for demographic characteristics, risky behaviors, and alcohol education. However, alcohol education was not associated with drunkenness or problem drinking. These findings underscore the importance of restricting alcohol marketing practices as an important policy strategy for reducing alcohol use and its dire consequences among vulnerable youth.

  12. Alcohol marketing, drunkenness, and problem drinking among Zambian youth: findings from the 2004 Global School-Based Student Health Survey.

    Science.gov (United States)

    Swahn, Monica H; Ali, Bina; Palmier, Jane B; Sikazwe, George; Mayeya, John

    2011-01-01

    This study examines the associations between alcohol marketing strategies, alcohol education including knowledge about dangers of alcohol and refusal of alcohol, and drinking prevalence, problem drinking, and drunkenness. Analyses are based on the Global School-Based Student Health Survey (GSHS) conducted in Zambia (2004) of students primarily 11 to 16 years of age (N = 2257). Four statistical models were computed to test the associations between alcohol marketing and education and alcohol use, while controlling for possible confounding factors. Alcohol marketing, specifically through providing free alcohol through a company representative, was associated with drunkenness (AOR = 1.49; 95% CI: 1.09-2.02) and problem drinking (AOR = 1.41; 95% CI: 1.06-1.87) among youth after controlling for demographic characteristics, risky behaviors, and alcohol education. However, alcohol education was not associated with drunkenness or problem drinking. These findings underscore the importance of restricting alcohol marketing practices as an important policy strategy for reducing alcohol use and its dire consequences among vulnerable youth.

  13. In the Eye of the Beholder? Conceptualizing Academic Attraction in the Global Higher Education Market

    Science.gov (United States)

    Cremonini, Leon; Antonowicz, Dominik

    2009-01-01

    Globalization steers modern society and contributes significantly to the internationalization of higher education. New means of transport and communication expand educational and research opportunities worldwide and higher education is becoming a blossoming global industry. It is also seen as a vital part of national policy and the national…

  14. Review of the desalinated water market in France for small units; Apercu sur le marche de l'eau dessalee en France pour de petites unites

    Energy Technology Data Exchange (ETDEWEB)

    Dutheil, F; Malissen, M [Commissariat a l' Energie Atomique, Fontenay-aux-Roses (France). Centre d' Etudes Nucleaires

    1969-07-01

    On the initiative of and in close collaboration with the Commissariat a l'Energie Atomique, the Societe pour la Conversion et le Developpement Industriel (SODIC) has carried out a very general study of the coastal regions of France in which the short, medium and long-term prospects of the demand for water, and the cost of the necessary supplies, could possibly make desalination units of 3 000 to 10 000 m3/day competitive. So far this general enquiry, which went into detail on some particular aspects, has not revealed any very clear possibilities in this respect, except in the case of the small islands, and of units of much lower capacity, as well as that of large units on the coast, which would benefit from the size effect. However the probable difference between the cost of desalinated water and the high selling price already applying in a small number of coastal regions is relatively small. It might therefore be worthwhile and relatively inexpensive to install an experimental desalination unit in the near future. (author) [French] A l'initiative du Commissariat a l'Energie Atomique et en etroite liaison avec lui, la Societe pour la Conversion et le Developpement Industriel (SODIC) a effectue une etude tres generale des zones cotieres francaises dans lesquelles les perspectives de la demande d'eau a court, moyen et long terme et le cout des approvisionnements necessaires, pourraient eventuellement faire apparaitre comme competitives des unites de dessalement de 3 a 10 000 m{sup 3}/jour. Jusqu'ici, cette enquete generale, d'ailleurs approfondie sur quelques points particuliers, n'a pas fait apparaitre de possibilites tres nettes a cet egard. Le cas des petites iles, et pour des unites de bien plus faible capacite, demeure reserve ainsi que, sur les zones cotieres, celui de grandes unites qui beneficieraient de l'effet de taille. Toutefois, l'ecart probable entre le cout de l'eau dessalee et le prix de vente eleve deja observe dans un petit nombre de zones cotieres

  15. Trade law and alcohol regulation: what role for a global Alcohol Marketing Code?

    Science.gov (United States)

    Mitchell, Andrew D; Casben, Jessica

    2017-01-01

    Following calls for restrictions and bans on alcohol advertising, and in light of the tobacco industry's challenge to Australia's tobacco plain packaging measure, a tobacco control measure finding support in the World Health Organization (WHO) Framework Convention on Tobacco Control, this paper considers what role, if any, an international alcohol marketing code might have in preventing or reducing the risk of challenges to domestic alcohol marketing restrictions under trade rules. Narrative review of international trade and health instruments and international trade court judgements regarding alcohol products and marketing restrictions. The experience of European trade courts in the litigation of similar measures suggests that World Trade Organization rules have sufficient flexibility to support the implementation of alcohol marketing restrictions. However, the experience also highlights the possibility that public health measures have disproportionate and unjustifiable trade effects and that the ability of a public health measure to withstand a challenge under trade rules will turn on its particular design and implementation. Measures implemented pursuant to international public health instruments are not immune to trade law challenges. Close collaboration between health policymakers, trade officials and lawyers, from as early as the research stage in the development of a measure to ensure a robust evidence base, will ensure the best chance of regulatory survival for an international marketing code. © 2016 Society for the Study of Addiction.

  16. The influence of global benchmark oil prices on the regional oil spot market in multi-period evolution

    International Nuclear Information System (INIS)

    Jiang, Meihui; An, Haizhong; Jia, Xiaoliang; Sun, Xiaoqi

    2017-01-01

    Crude benchmark oil prices play a crucial role in energy policy and investment management. Previous research confined itself to studying the static, uncertain, short- or long-term relationship between global benchmark oil prices, ignoring the time-varying, quantitative, dynamic nature of the relationship during various stages of oil price volatility. This paper proposes a novel approach combining grey relation analysis, optimization wavelet analysis, and Bayesian network modeling to explore the multi-period evolution of the dynamic relationship between global benchmark oil prices and regional oil spot price. We analyze the evolution of the most significant decision-making risk periods, as well as the combined strategy-making reference oil prices and the corresponding periods during various stages of volatility. Furthermore, we determine that the network evolution of the quantitative lead/lag relationship between different influences of global benchmark oil prices shows a multi-period evolution phenomenon. For policy makers and market investors, our combined model can provide decision-making periods with the lowest expected risk and decision-making target reference oil prices and corresponding weights for strategy adjustment and market arbitrage. This study provides further information regarding period weights of target reference oil prices, facilitating efforts to perform multi-agent energy policy and intertemporal market arbitrage. - Highlights: • Multi-period evolution of the influence of different oil prices is discovered. • We combined grey relation analysis, optimization wavelet and Bayesian network. • The intensity of volatility, synchronization, and lead/lag effects are analyzed. • The target reference oil prices and corresponding period weights are determined.

  17. Efficiency and cross-correlation in equity market during global financial crisis: Evidence from China

    Science.gov (United States)

    Ma, Pengcheng; Li, Daye; Li, Shuo

    2016-02-01

    Using one minute high-frequency data of the Shanghai Composite Index (SHCI) and the Shenzhen Composite Index (SZCI) (2007-2008), we employ the detrended fluctuation analysis (DFA) and the detrended cross correlation analysis (DCCA) with rolling window approach to observe the evolution of market efficiency and cross-correlation in pre-crisis and crisis period. Considering the fat-tail distribution of return time series, statistical test based on shuffling method is conducted to verify the null hypothesis of no long-term dependence. Our empirical research displays three main findings. First Shanghai equity market efficiency deteriorated while Shenzhen equity market efficiency improved with the advent of financial crisis. Second the highly positive dependence between SHCI and SZCI varies with time scale. Third financial crisis saw a significant increase of dependence between SHCI and SZCI at shorter time scales but a lack of significant change at longer time scales, providing evidence of contagion and absence of interdependence during crisis.

  18. Technological trends, global market, and challenges of bio-ethanol production.

    Science.gov (United States)

    Mussatto, Solange I; Dragone, Giuliano; Guimarães, Pedro M R; Silva, João Paulo A; Carneiro, Lívia M; Roberto, Inês C; Vicente, António; Domingues, Lucília; Teixeira, José A

    2010-01-01

    Ethanol use as a fuel additive or directly as a fuel source has grown in popularity due to governmental regulations and in some cases economic incentives based on environmental concerns as well as a desire to reduce oil dependency. As a consequence, several countries are interested in developing their internal market for use of this biofuel. Currently, almost all bio-ethanol is produced from grain or sugarcane. However, as this kind of feedstock is essentially food, other efficient and economically viable technologies for ethanol production have been evaluated. This article reviews some current and promising technologies for ethanol production considering aspects related to the raw materials, processes, and engineered strains development. The main producer and consumer nations and future perspectives for the ethanol market are also presented. Finally, technological trends to expand this market are discussed focusing on promising strategies like the use of microalgae and continuous systems with immobilized cells. Copyright © 2010 Elsevier Inc. All rights reserved.

  19. Publications | Page 183 | CRDI - Centre de recherches pour le ...

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

    Globalization, Labor Markets and Inequality in India. L'Inde s'est lancée dans un train de réformes au milieu des années ... Récupérer l'espoir. En octobre 2007, André Casault, professeur d'architecture à l'Université Laval, a invité deux collègues et une douzaine d'étudiants des cycles supérieurs à le rejoindre dans une.

  20. L’INTÉGRATION DU CONSOMMATEUR PAR LE « KNOWLEDGE MARKETING »: CONCEPTION, PRODUCTION ET CONSOMMATION D’UN PRODUIT PERSONNEL

    OpenAIRE

    CURBATOV, Oleg

    2003-01-01

    This research work is first mondial construction (2003) on a marketing proposal on based knowledge in Knowlegde Society. In accordance with an experiential approach to marketing, we study the experiences and skills of clients integrated into a value-oriented enterprise. From the postmodern current of marketing, we seek to bring together the experiential value of consumption and the transversal process of design, production and consumption of personal products. A conceptual reflection on the p...

  1. Local and global dynamics in a duopoly with price competition and market share delegation

    International Nuclear Information System (INIS)

    Fanti, Luciano; Gori, Luca; Mammana, Cristiana; Michetti, Elisabetta

    2014-01-01

    This paper aims at studying a nonlinear dynamic duopoly model with price competition and horizontal product differentiation augmented with managerial firms, where managers behave according to market share delegation contracts. Ownership and management are then separate and managers are paid through adequate incentives in order to achieve a competitive advantage in the market. In this context, we show that complexity arises, related both to the structure of the attractors of the system and the structure of their basins, as multistability occurs. The study is conducted by combining analytical and numerical techniques, and aims at showing that slight different initial conditions may cause very different long-term outcomes

  2. Building a Rice Decision Support System to Support Global Food Security and Commodity Markets, Phase I

    Data.gov (United States)

    National Aeronautics and Space Administration — Rice is an important crop globally that influences food security and the Earth system. Rice is the predominant food staple in many regions with approximately 700...

  3. America's container ports : freight hubs that connect our nation to global markets

    Science.gov (United States)

    2009-06-01

    The U.S. marine transportation system continues to handle large volumes of domestic and international freight in support of the nations economic activities. The demand for freight transportation responds to trends in global economic activity and m...

  4. 84 The Third World Option in a Globalized Building Materials Market ...

    African Journals Online (AJOL)

    Choice-Academy

    Globalization has been described as a world phenomenon that provides a level ground for competitive ..... and the political class are held socially and .... enhance levels of occupants' comfort, safety ... well advanced in manufacturing industry.

  5. How transfer of R&D to emerging markets nurtures global innovation performance

    DEFF Research Database (Denmark)

    Harryson, Sigvald; Søberg, Peder Veng

    2009-01-01

    In the context of global R&D, we connect literature on knowledge management to a network-based theoretical framework helpful to explain the impact of R&D globalisation on innovation performance. This framework is applied to two case companies, both global leaders within their respective industries...... established R&D offsprings to improve overall innovation performance. Pack Tech illustrates this through a collaboration-intensive approach to university competitions in China....

  6. Produced water: Market and global trends - oil production - water production - choice of technology

    International Nuclear Information System (INIS)

    Robertson, Steve

    2006-01-01

    The presentation discusses various aspects of the world oil production, the energy demand, the future oil supply, the oil prices and the production growth. Some problems with produced water are also discussed as well as aspects of the market for produced water technology (tk)

  7. Brand leadership and product innovation as firm strategies in global food markets

    NARCIS (Netherlands)

    Gehlhar, M.; Regmi, A.; Stefanou, S.E.; Zoumas, B.

    2009-01-01

    This paper aims to understand the motivations for product innovation and brand leadership using a series of case studies focusing on firms with leading market positions of different types. Design/methodology/approach - A qualitative study is presented of three leading food sector firms of different

  8. Local markets for global health technologies: lessons learned from advancing 6 new products.

    Science.gov (United States)

    Matthias, Dipika Mathur; Taylor, Catharine H; Sen, Debjeet; Metzler, Mutsumi

    2014-05-01

    Key components to support local institutional and consumer markets are: supply chain, finance, clinical use, and consumer use. Key lessons learned: (1) Build supply and demand simultaneously. (2) Support a lead organization to drive the introduction process. (3) Plan for scale up from the start. (4) Profitability for the private sector is an absolute.

  9. Local markets for global health technologies: lessons learned from advancing 6 new products

    OpenAIRE

    Matthias, Dipika Mathur; Taylor, Catharine H; Sen, Debjeet; Metzler, Mutsumi

    2014-01-01

    Key components to support local institutional and consumer markets are: supply chain, finance, clinical use, and consumer use. Key lessons learned: (1) Build supply and demand simultaneously. (2) Support a lead organization to drive the introduction process. (3) Plan for scale up from the start. (4) Profitability for the private sector is an absolute.

  10. Transmission of shocks across global financial markets : The role of contagion and investors' risk appetite

    NARCIS (Netherlands)

    Gonzalez-Hermosillo Gonzalez, B.M.

    2008-01-01

    This research examines the role of contagion in transmitting shocks across markets. One possible conduit for contagion is shifts in international investors’ risk appetite. The aim of this research is to propose a methodology to address the current gaps in the literature of contagion. The thesis

  11. From mind to market: A global, dynamic analysis of R&D

    NARCIS (Netherlands)

    Hinloopen, J.; Smrkolj, G.; Wagener, F.

    2013-01-01

    Existing models of R&D are not easily reconciled with four observable aspects of R&D: initial technologies (ideas) need to be developed further, only a minority of initial ideas are successfully brought to the market, production and process innovations take place simultaneously (whereby, initially,

  12. Mobilizing labour for the global coffee market: profits from an unfree work regime in colonial Java

    NARCIS (Netherlands)

    Breman, J.

    2015-01-01

    Coffee has been grown on Java for the commercial market since the early eighteenth century, when the Dutch East India Company began buying from peasant producers in the Priangan highlands. What began as a commercial transaction, however, soon became a system of compulsory production. This book shows

  13. Globalizasyonun Çokuluslu İşletmelerin Pazarlama ve Yönetimine Etkisi( The Effects Of Globalization On The Marketing And Management Of Multinational Enterprises

    Directory of Open Access Journals (Sweden)

    Burak KARTAL

    2004-01-01

    Full Text Available Multinational and global companies account for a significant part of world trade in today’s world. Meanwhile, these gigantic corporations are affected by a number of factors like rapid technological changes, diminishing trade barriers and so on. Many multinationals benefit global strategy to some extent in order to adapt to those changes. Yet, a few of them become thoroughly global. In this paper, developments related to globalization are reviewed and the terms global company, global marketing, and global strategy are explored in detail. The process of going global for a MNC and management, organizational structures, and relations with governments and unions are also mentioned in terms of a company with a global strategy.

  14. Globalization

    Directory of Open Access Journals (Sweden)

    Tulio Rosembuj

    2006-12-01

    Full Text Available There is no singular globalization, nor is the result of an individual agent. We could start by saying that global action has different angles and subjects who perform it are different, as well as its objectives. The global is an invisible invasion of materials and immediate effects.

  15. Globalization

    OpenAIRE

    Tulio Rosembuj

    2006-01-01

    There is no singular globalization, nor is the result of an individual agent. We could start by saying that global action has different angles and subjects who perform it are different, as well as its objectives. The global is an invisible invasion of materials and immediate effects.

  16. Principi di Marketing

    OpenAIRE

    P. Kotler; G. Armstrong; F. Ancarani; M. Costabile

    2015-01-01

    Principi di marketing propone un quadro dei processi di gestione del marketing relativamente innovativo, ispirato a un modello rigoroso e semplice al tempo stesso: il valore, dei clienti, per i clienti e delle relazioni con i clienti. È su questo modello che vengono declinati i princìpi del marketing e che se ne progettano le strategie – segmentazione, targeting e posizionamento – da cui hanno origine le scelte di differenziazione di prodotti, marche, modalità di distribuzione e comunicazione...

  17. L’indice biologique global normalisé (IBGN) : principes et évolution dans le cadre de la directive cadre européenne sur l’eau

    OpenAIRE

    Virginie Archaimbault et Bernard Dumont

    2010-01-01

    Les macro-invertébrés sont un des groupes d’organismes les plus utilisés mondialement dans de nombreuses méthodes de bio-indication en cours d’eau. Nous vous proposons à travers cet article de décrire la méthode française d’évaluation de la qualité du milieu basé sur ce groupe d’organisme (l’IBGN: indice biologique global normalisé) et son évolution dans le contexte de la directive cadre européenne sur l’eau.

  18. The global carbon cycle change: Le Chatelier principle in the response of biota to changing CO2 concentration in the atmosphere

    International Nuclear Information System (INIS)

    Gorshkov, V.G.; Sherman, S.G.; Kondratyev, K.Y.

    1990-01-01

    The long-term existence of natural biota in the environment means that such a system is stable with respect to external disturbances. This system must follow the Le Chatelier principle which is based on the processes that compensate the disturbing effects. The use of the Le Chatelier principle makes it possible to choose between contradictory observational data. Available observational data on variations of the concentration of rare carbon isotopes in various media show that the oceanic biota follows the Le Chatelier principle and absorbs about half the carbon which the ocean gets from the atmosphere, compensating an increment of carbon in the atmosphere caused by an anthropogenic impact. The strongly anthropogenetically disturbed land biota does not follow the Le Chatelier principle, starting from the middle of this century. The land biota not only cannot absorb excess carbon accumulated in the atmosphere: it ejects carbon to the atmosphere in quantities equal to halved emission of carbon through fossil fuel burning. All the quantitative results considered in this paper have been obtained without using models of the biota and of the ocean

  19. Global market trade policy analysis for petroleum oils and oils obtained from bituminous minerals, crude

    Directory of Open Access Journals (Sweden)

    Bagheri, F.

    2012-01-01

    Full Text Available This article is based on surveying the custom tariffs imposed on the world export market of Petroleum Oils and Oils Obtained from Bituminous Minerals, Crude. We obtained the data according to the most updated available data provided online by UNCTAD and World Bank. The results indicate that none of the 142 countries in the world market of this product have imposed non-tariff trade barriers on the import of Petroleum Oils and Oils Obtained from Bituminous Minerals, Crude. The developed countries and the countries with transition economies are the main world import partners. European Union, United States, China, Japan, South Korea, Canada, Singapore, Taiwan, Thailand, South Africa, Australia, Turkey, Brazil, Sweden and Belarus are the examples and have imposed low custom tariffs on Petroleum Oils and Oils Obtained from Bituminous Minerals, Crude.

  20. STRATEGIC ALLIANCES – VIABLE ALTERNATIVE TO CREATE A COMPETITIVE ADVANTAGE IN A GLOBAL MARKET

    Directory of Open Access Journals (Sweden)

    Irina NICOLAU

    2010-12-01

    Full Text Available In the past years, in the light of the economic turbulences all around the world, one of the most important ways to assure a competitive advantage is creating a strategic alliance. Such collaborative ventures between firms were developed as a response to the changes which have been happening to the world economy as increased competition, higher costs of developing new products, accelerated technological changes and, maybe the most important – the recent world economic crises. Being part of a strategic alliance creates competitive advantage for the companies by establishing their presence worldwide, by building up operating experience in overseas markets and gaining access to those national markets that were inaccessible before. At the same time, a strategic alliance means management commitment, special skills and forward planning for each company which takes part to an alliance.

  1. Fractal Markets Hypothesis and the Global Financial Crisis: Wavelet Power Evidence

    Czech Academy of Sciences Publication Activity Database

    Krištoufek, Ladislav

    2013-01-01

    Roč. 3, č. 10 (2013), 2857-1-2857-12 ISSN 2045-2322 R&D Projects: GA ČR GA402/09/0965 Grant - others:GA ČR(CZ) GAP402/11/0948 Program:GA Institutional support: RVO:67985556 Keywords : fractal markets hypothesis * investment horizons * wavelets Subject RIV: AH - Economics Impact factor: 5.078, year: 2013 http://library.utia.cas.cz/separaty/2013/E/kristoufek-0397560.pdf

  2. The global nuclear fuel market - supply and demand 1995-2015

    International Nuclear Information System (INIS)

    Keese, H.; Kidd, S.

    1996-01-01

    The findings and main conclusions of the 1996 supply and demand report of the Uranium Institute are summarised. The previous report was published in June 1994. In 1994 and 1995, world uranium production remained at a relatively depressed level, accounting for just over half reactor requirements only. Since mid 1995, however, some increase in production has occurred alongside rises in uranium spot market prices. This may indicate that supply is becoming tighter and indicate the end of the perception that supply availability is unlimited. Answers are attempted to the questions about the future which arise from this development. Nuclear power is first set in the context of the market for energy and for electricity in particular. The report then identifies key issues for the longer term future for nuclear power and considers various aspects of nuclear fuel supply and demand over the next 20 years. Three demand scenarios are explored. Even in the lower requirements case, the overall conclusion is that supply will only meet demand from 2002 onwards when all the projected new mine capacity is in place. Adequate supply is heavily dependent on other supply sources in the higher case scenarios. The market will need the entry of blended down high enriched uranium from dismantled weapons and an increased contribution from the reprocessing of spent fuel. Additional primary production is only likely if financial incentives are available and the regulatory framework permits. Finally, there is the possibility of re-enriching depleted uranium. (9 figures). (UK)

  3. Vaginal microbicides: how do you kick-start a global market?

    Science.gov (United States)

    1996-10-01

    Efforts are underway to develop vaginal microbicides capable of protecting women against HIV and sexually transmitted disease. It was reported at the recent Vancouver international AIDS conference that 20 such products are in the preclinical stage, 13 in the early clinical stage, and two at the late clinical stage. The private sector, however, is not convinced of the commercial viability of vaginal microbicides, especially in developing countries. Johnson & Johnson has estimated there to be a US$40 million world market for vaginal microbicides, too small to garner the interest and involvement of the major research and development-based multinational pharmaceutical companies. The European Commission has therefore contracted Hillmark, a UK consultancy, to assess the market for such products in Cote d'Ivoire, Egypt, Kenya, South Africa, France, Poland, India, Thailand, Philippines, Brazil, and Venezuela. Corporate interest may be sparked by a convincing assessment of a higher market potential. Also at the Vancouver conference, the US Secretary of Health announced grant funding of US$100 million for research into microbicides.

  4. Transport, spatio-economic equilibrium and global sustainability. Markets, technology and policy

    Energy Technology Data Exchange (ETDEWEB)

    Verhoef, E.T.; Van den Bergh, J.C.J.M. [Dep. of Spatial Economics. Fac. of Economics and Econometrics. Vrije Univ., Amsterdam (Netherlands)

    1995-03-01

    Interdependencies between transport, spatial economy, technology and environment are investigated in the context of regulatory environmental policies aiming at meeting a global environmental target, defined in terms of the environmental utilization space as a prerequisite for global sustainability. A small scale model, based on the adapted spatial price equilibrium methodology presented elsewhere was discussed, serving as an illustration of the formal analysis discussed there. Notwithstanding the model`s simplicity, the simulation results are found to be interesting in that they provide some revealing comparative static insights into issues that are believed to be quite important in the formulation of environmental and transport policies. 12 figs., 12 refs.

  5. Transnational anew, competitive at last: the oil market in the globalization era

    Energy Technology Data Exchange (ETDEWEB)

    Noel, P

    2003-07-01

    International political economy can be conceived as the study of the interaction between the confrontation of state sovereignties, whose regulation is primarily a question of power and secondarily of norms and institutional procedures and global economic activity (production and exchanges), which is a process of strategic interaction. The problem consists then in understanding how these two components are linked, influence over each other, support or conflict with each other in the global oil system. To consider oil in terms of International Political Economy (IPE), is thus to see it simultaneously as a potential object of inter-state confrontation and of economic competition. (A.L.B.)

  6. Transnational anew, competitive at last: the oil market in the globalization era

    International Nuclear Information System (INIS)

    Noel, P.

    2003-01-01

    International political economy can be conceived as the study of the interaction between the confrontation of state sovereignties, whose regulation is primarily a question of power and secondarily of norms and institutional procedures and global economic activity (production and exchanges), which is a process of strategic interaction. The problem consists then in understanding how these two components are linked, influence over each other, support or conflict with each other in the global oil system. To consider oil in terms of International Political Economy (IPE), is thus to see it simultaneously as a potential object of inter-state confrontation and of economic competition. (A.L.B.)

  7. Potential Applications for Nuclear Energy besides Electricity Generation: AREVA Global Perspective of HTR Potential Market

    International Nuclear Information System (INIS)

    Soutworth, Finis; Gauthier, Jean-Claude; Lecomte, Michel; Carre, Franck

    2007-01-01

    Energy supply is increasingly showing up as a major issue for electricity supply, transportation, settlement, and process heat industrial supply including hydrogen production. Nuclear power is part of the solution. For electricity supply, as exemplified in Finland and France, the EPR brings an immediate answer; HTR could bring another solution in some specific cases. For other supply, mostly heat, the HTR brings a solution inaccessible to conventional nuclear power plants for very high or even high temperature. As fossil fuels costs increase and efforts to avoid generation of Greenhouse gases are implemented, a market for nuclear generated process heat will develop. Following active developments in the 80's, HTR have been put on the back burner up to 5 years ago. Light water reactors are widely dominating the nuclear production field today. However, interest in the HTR technology was renewed in the past few years. Several commercial projects are actively promoted, most of them aiming at electricity production. ANTARES is today AREVA's response to the cogeneration market. It distinguishes itself from other concepts with its indirect cycle design powering a combined cycle power plant. Several reasons support this design choice, one of the most important of which is the design flexibility to adapt readily to combined heat and power applications. From the start, AREVA made the choice of such flexibility with the belief that the HTR market is not so much in competition with LWR in the sole electricity market but in the specific added value market of cogeneration and process heat. In view of the volatility of the costs of fossil fuels, AREVA's choice brings to the large industrial heat applications the fuel cost predictability of nuclear fuel with the efficiency of a high temperature heat source free of greenhouse gases emissions. The ANTARES module produces 600 MWth which can be split into the required process heat, the remaining power drives an adapted prorated

  8. Branding by Proxy? : How hubs market (or not) higher education systems globally: the example of Qatar

    NARCIS (Netherlands)

    Cremonini, Leon; Taylor, John; Papadimitriou, Antigoni

    2017-01-01

    This chapter proposes a framework to understand if and how hubs contribute to stronger positioning of higher education system in global competition, and uses the case of Qatar to draw conclusions. Increasingly, governments around the world invest in so-called “education hubs”, which host excellent

  9. Degrees of Doubt: Legitimate, Real and Fake Qualifications in a Global Market

    Science.gov (United States)

    Brown, George M.

    2006-01-01

    This paper provides an analysis into the global phenomenon known as credential/qualification fraud, a $US 1 billion dollar "cottage" industry which has tainted higher education in Australia, and does not appear to be abating. The study is developed through a conceptual framework of credentialism, degree creep and screening theory, which…

  10. Student Recruitment at International Branch Campuses: Can They Compete in the Global Market?

    Science.gov (United States)

    Wilkins, Stephen; Huisman, Jeroen

    2011-01-01

    The majority of international branch campuses are located in competitive higher education hubs, such as Singapore and the United Arab Emirates. Many find themselves having to recruit students regionally, and some, even globally, which results in them competing head-to-head with the home campuses of well-respected Western universities. The purpose…

  11. ENHANCING THE INTERNATIONALIZATION OF THE GLOBAL INSURANCE MARKET: CHANGING DRIVERS OF MERGERS AND ACQUISITIONS

    Directory of Open Access Journals (Sweden)

    D. Rasshyvalov

    2014-03-01

    Full Text Available One-third of worldwide mergers and acquisitions involving firms from different countries make M&A one of the key drivers of internationalization. Over the past five years insurance cross-border merger and acquisition activities have globally paralleled deep financial crisis.

  12. ‘Sharing the Pie’: Taxing multinationals in a global market

    NARCIS (Netherlands)

    M.F. de Wilde (Maarten)

    2015-01-01

    markdownabstract__Abstract__ The current international corporate tax regime for taxing the business proceeds of firms operates arbitrarily. The aggregates of the nation states’ international corporate tax systems seem to distort a global efficient allocation of resources. The current model of

  13. The Homogenization of Planetary Life: The Inner Logic of Global Market Competition. The Iconoclast.

    Science.gov (United States)

    McMurtry, John

    1997-01-01

    Notes that the law of competitive advantage, quoted so frequently in support of the global economy, mandates a uniformity of agricultural and economic products. Argues that this systematically selects against the biodiversity of life and reduces nature's capacities to adapt and reproduce in changing biological conditions. (MJP)

  14. 75 FR 33343 - Application Nos. and Proposed Exemptions; D-11573, Citigroup Global Markets, Inc. and Its...

    Science.gov (United States)

    2010-06-11

    ... wealth management (retail brokerage) and private wealth management businesses. According to the... programs previously sponsored by Morgan Stanley's Global Wealth Management Group (the MS Channel). As... management fee) which contains investments attributable to the Plan investor. (l) With respect to its...

  15. Do company strategies and structures converge in global markets? Evidence from the computer industry

    NARCIS (Netherlands)

    Duysters, G.M.; Hagedoorn, J.

    2001-01-01

    This note examines isomorphism and diversity in a global industry. We study how the ongoing internationalisation process has affected companies from various regions of the world. Empirical research is focussed on the international computer industry. We find that companies in this sector have become

  16. The crisis of international human rights law in the global market economy

    NARCIS (Netherlands)

    Augenstein, D.H.

    2014-01-01

    The contribution argues that facticity of the human rights impacts of economic globalisation increasingly undermines the normativity of the state-centred conception of international human rights law. The exposure of the international legal order of states to the operations of global business

  17. The Crisis of International Human Rights Law in the Global Market Economy

    NARCIS (Netherlands)

    Augenstein, Daniel

    2014-01-01

    The article argues that the facticity of the human rights impacts of economic globalisation increasingly undermines the normativity of the state-centred conception of international human rights law. The exposure of the international legal order of states to the operations of global business entities

  18. US elite power and the rise of ‘statist’ Chinese elites in global markets

    NARCIS (Netherlands)

    de Graaff, Naná; van Apeldoorn, Bastiaan

    The rise of Chinese ‘state capitalism’ such as expressed by the global expansion of Chinese state-owned enterprises (SOEs) has been met with substantial suspicion on the part of the Western corporate and political establishment—including among Washington’s policy-making elite. The underpinning claim

  19. Diversity of global rice markets and the science required for consumer-targeted rice breeding

    Science.gov (United States)

    With the ever-increasing global demand for high quality rice in both local production regions and with Western consumers, we have a strong desire to understand better the importance of different quality traits that make up the rice grain and obtain a full picture of rice quality demographics. Rice ...

  20. Sustainable supply chain governance systems: conditions for effective market based governance in global trade

    NARCIS (Netherlands)

    Vermeulen, W.J.V.

    2010-01-01

    In this article I discuss the conceptualisation and existing empirical research on the creation of sustainable global product chains. This papers sets steps in moving from normative prescriptive approaches towards an empirical descriptive approach, comparing available research in various forms of