WorldWideScience

Sample records for global-based economy titles

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

    International Nuclear Information System (INIS)

    Scheer, H.

    1999-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Yevheniia Duliba

    2017-12-01

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

  3. Institutional Competitiveness in the Global Economy

    DEFF Research Database (Denmark)

    Campbell, John L.; Pedersen, Ove K.

    that are very different institutionally. The analysis shows that there is no one best way to achieve success in today's global economy, except perhaps for reducing socioeconomic inequality; that the type of capitalism known as coordinated market economies are oversimplified in the literature; and that high...... national competitiveness under conditions of economic globalization. Following the varieties of capitalism literature, this paper argues that Denmark's success has been based in large part on its institutional competitiveness-its capacity to achieve socioeconomic success as a result of the competitive...

  4. The political economy of global finamcial meltdown (Depression ...

    African Journals Online (AJOL)

    It submitted that the global economy was indeed in depression. The implication of mono-economy based on crude oil, purchased only by the west whose economy is shrinking is very dire to the Nigeria it observed. It recommended the adaptation of the Keynesian principles of economic management which involved massive ...

  5. Global environmental impacts of the hydrogen economy

    International Nuclear Information System (INIS)

    Derwent, R.; Simmonds, P.; O'Doherty, S.; Manning, A.; Collins, W.; Stevenson, D.

    2006-01-01

    Hydrogen-based energy systems appear to be an attractive proposition in providing a future replacement for the current fossil-fuel based energy systems. Hydrogen is an important, though little studied, trace component of the atmosphere. It is present at the mixing ratio of about 510 ppb currently and has important man-made and natural sources. Because hydrogen reacts with tropospheric hydroxyl radicals, emissions of hydrogen to the atmosphere perturb the distributions of methane and ozone, the second and third most important greenhouse gases after carbon dioxide. Hydrogen is therefore an indirect greenhouse gas with a global warming potential GWP of 5.8 over a 100-year time horizon. A future hydrogen economy would therefore have greenhouse consequences and would not be free from climate perturbations. If a global hydrogen economy replaced the current fossil fuel-based energy system and exhibited a leakage rate of 1%, then it would produce a climate impact of 0.6% of the current fossil fuel based system. Careful attention must be given to reduce to a minimum the leakage of hydrogen from the synthesis, storage and use of hydrogen in a future global hydrogen economy if the full climate benefits are to be realised. (author)

  6. Thriving locally in the global economy.

    Science.gov (United States)

    Kanter, Rosabeth Moss

    2003-08-01

    More and more small and midsize companies are joining corporate giants in striving to exploit international growth markets. At the same time, civic leaders worry about their communities' economic future in light of the impact of global forces on the operation and survival of business. How can communities retain local vitality yet still link their business to the global economy? Harvard professor Rosabeth Moss Kanter addresses that question in this classic HBR article, orginally published in 1995. To avoid a clash between international economic interests and local political interests, globalizing business must learn how to be responsive to the communities in which they operate, Kanter says. And communities must determine how to create a civic culture that will attract and retain footloose companies. The author surveyed five U.S. regions with direct connections to the global economy--Boston, Cleveland, Miami, Seattle, and the Spartanburg-Greenville region of South Carolina--to determine their business and civic leader's strategies for improving their constituent's quality of life. She identified ways in which the global economy can work locally by capitalizing on the resources that distinguish one place from another. Kanter argues that regions can invest in capabilities that connect their local populations to the global economy in one of three ways: as thinkers, makers, or traders. She points to the Spartanburg-Greenville region as a good example of a world-class makers, with its exceptional blue-collar workforce that has attracted more than 200 companies from 18 countries. The history of the economic development of this region is a lesson for those seeking to understand how to achieve world-class status and bring local residents into the world economy.

  7. Emerging Economies and Firms in the Global Crisis

    DEFF Research Database (Denmark)

    n exploration into the impact of the global crisis on emerging economies and firms and their responses to it. The ways in which the leading emerging economies of Brazil, Russia, India and China (BRIC) are dealing with the challenges of the global crisis are complemented by the approaches applied...... by countries and firms from Central and Eastern Europe. This is a pioneering volume shedding light on the successful international activities of the emerging economies in the global crisis. Offering a variety of perspectives, the chapters deal with the successful application of specific modes of market entry...... of BRIC economies in developed countries and the ways in which Russian, Indian, Chinese, and also Polish, Slovene and Estonian firms have coped with the challenges of the global crisis....

  8. Globalization of Brewing and Economies of Scale

    DEFF Research Database (Denmark)

    Madsen, Erik Strøjer; Wu, Yanqing

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

  9. Economy of education: National and global aspects

    Directory of Open Access Journals (Sweden)

    Oksana Ishchenko-Padukova

    2017-12-01

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

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

    Energy Technology Data Exchange (ETDEWEB)

    Shiller, Robert J. (Yale)

    2010-03-02

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

  11. Impact of Geological Changes on Regional and Global Economies

    Science.gov (United States)

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

    2017-04-01

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

  12. GLOBALIZATION PRECONDITIONS FOR TRANSNATIONALIZATION OF THE WORLD ECONOMY

    Directory of Open Access Journals (Sweden)

    Vyshnevska O.

    2018-03-01

    and industrial groups, which become the owners of the internal resources of many states and form a separate international production sector, which is also based on international ownership, is characterized first and foremost. It is stated that the impact of globalization and transnationalization on the world economy is weighty and growing, which changes the approaches to doing business in all spheres. Adaptation to the transnationalization process requires active involvement of funds in the real sectors of the economy in order to increase their competitiveness. In an effort to capture the markets of TNCs, they have a significant negative impact on the national producer, with much higher competitive advantages and financial opportunities. An important role in guaranteeing the national security of the state, its adaptation to globalization processes, including through the process of transnationalization, belongs to the state administration, which serves as the basic basis for guaranteeing the interests of all subjects of the macro-environment (from households, to multinational companies in order to obtain not only economic , but also social benefits for the society and guaranteeing its safety.

  13. Making sense of the global economy: 10 resources for health promoters.

    Science.gov (United States)

    Mohindra, K S; Labonté, Ronald

    2010-09-01

    Population health is shaped by more than local or national influences-the global matters. Health promotion practitioners and researchers increasingly are challenged to engage with upstream factors related to the global economy, such as global prescriptions for national macroeconomic policies, debt relief and international trade. This paper identifies 10 books (A Brief History of Neoliberalism, Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism, The World is Not Flat: Inequality and Injustice in Our Global Economy, Globalization and its Discontents, The Debt Threat: How Debt is Destroying the Developing World, Global Woman: Nannies, Maids, and Sex Workers in the New Economy, A Race Against Time, Globalization and Health: An Introduction, Global Public Goods for Health: Health Economics and Public Health Perspectives, Trade and Health: Seeking Common Ground) and several key reports that we found to be particularly useful for understanding the global economy's effects on people's health. We draw attention to issues helpful in understanding the present global financial crisis.

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

    Science.gov (United States)

    Kemeny, Thomas; Rigby, David

    2012-04-01

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

  15. The impact of economic globalization on the shadow economy in Egypt

    OpenAIRE

    Farzanegan, Mohammad Reza; Hassan, Mai

    2017-01-01

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

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

    OpenAIRE

    Popa, Catalin C.

    2009-01-01

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

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

    Science.gov (United States)

    Heller, Monica

    2003-01-01

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

  18. Abraham Lincoln and the global economy.

    Science.gov (United States)

    Hormats, Robert D

    2003-08-01

    Abraham Lincoln would have well understood the challenges facing many modern emerging nations. In Lincoln's America, as in many developing nations today, sweeping economic change threatened older industries, traditional ways of living, and social and national cohesion by exposing economies and societies to new and powerful competitive forces. Yet even in the midst of the brutal and expensive American Civil war--and in part because of it--Lincoln and the Republican Congress enacted bold legislation that helped create a huge national market, a strong and unified economy governed by national institutions, and a rising middle class of businessmen and property owners. Figuring out how to maximize the benefits of globalization while minimizing its disruptions is a formidable challenge for policy makers. How do you expand opportunities for the talented and the lucky while making sure the rest of society doesn't fall behind? It may be helpful to look at the principles that informed the policies that Lincoln and the Republican Congress instituted after they came to power in 1861: Facilitate the upward mobility of low- and middle-income groups to give them a significant stake in the country. Emphasize the good of the national economy over regional interests. Affirm the need for sound government institutions to temper the dynamics of the free enterprise system. Tailor policies to the national situation. Realize that a period of turmoil may present a unique opportunity for reform. These principles drove the reforms that helped Americans cope with and benefit from rapid technological advances and the fast integration of the American economy in the nineteenth century. They may be instructive to today's policy makers who are struggling to help their own citizens integrate into the fast-changing global economy of the twenty-first century.

  19. Neoliberalism, Urbanism and the Education Economy: Producing Hyderabad as a "Global City"

    Science.gov (United States)

    Kamat, Sangeeta

    2011-01-01

    This paper examines the emergence of Hyderabad as a hub of the global information technology economy, and in particular, the role of higher education in Hyderabad's transformation as the labor market for the new economy. The extensive network of professional education institutions that service the global economy illustrates the ways in which…

  20. 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.

  1. THE EFFECT OF ILLICIT TRADE IN NARCOTICS ON GLOBAL ECONOMY

    Directory of Open Access Journals (Sweden)

    ALASMARI Khaled

    2013-07-01

    Illicit markets especially those dealing with narcotics constitute grievous issues to the world’s economies, putting to test global safety, economic progress as well as security and many other aspects. Seemingly, illicit narcotics trade in the last decade – that is 2000 to 2011 underwent a significant boom, resulting from a wide spectrum of illegal drugs such as cocaine as well as heroin among many other hard drugs. In today’s global society, several concerns are emerging on the rise of illicit narcotics trade accompanied with organized crime, chiefly as major hindrances to consistent global economic progress. Apparently, some of the effects of illicit narcotics trade are that; this trade gradually turns upside down business rules, opening way for new unruly market players besides reconfiguring influence in global economics as well as politics. Surprisingly, the revenue from illegal drugs in 2011 alone was roughly 10% of the global GDP. Hence, exaggerating local economies’ incomes and triggering ceaseless conflicts among market players, while at the same time reducing legal business activities likewise disintegrating socioeconomic conditions. An empirical research method was adopted for this study, analyzing illicit trade in narcotics on the global arena as from 2000 to 2011 and its resultant effects. The research findings indicate that, illegal drugs trade particularly on the world economy besides growing at a high rate, it endangers the overall welfare of humans likewise the business environment. This is ostensibly because this trade has high chances of engrossing regional economies into illegal drugs business activities, causing them to neglect sustainable ethical businesses. Now, to effectively address negative economic issues related to illegal drugs trade, there is apparent need for integrated efforts from local as well as international authorities. Such efforts are chiefly to control not only the harmful effects resulting from the use of illicit

  2. China’s Rise and Its Implications for the Global Economy

    Directory of Open Access Journals (Sweden)

    Jitaru Loredana

    2017-01-01

    Full Text Available Since 1978, the world has been witnessing China’s formidable growth at an average growthyearly rate of about 10%. Even when the world economy was affected by the global economicfinancialcrisis, China’s economy grew 9-10% per year. The objective of this study is to provide acomplex view of the Chinese economic growth and to identify the effects of this growth on theworld economy. To that effect, this paper is structured in two parts. In the first part, we analysedthe evolution of the Chinese economic growth and the drivers of this spectacular growth. In thesecond part, we identified and analysed the implications of this growth for the global economy. Toachieve our objective, we used the method of documentary research.

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

    Science.gov (United States)

    McCall, Ava L.

    2017-01-01

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

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

    Science.gov (United States)

    Safri, Maliha; Graham, Julie

    2010-01-01

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

  5. 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.

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

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

    2010-12-21

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

  7. A Stay-Rich View of the New Global Economy

    Science.gov (United States)

    Trusteeship, 2011

    2011-01-01

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

  8. TECHNOLOGICAL IMPERATIVE IMPACT OF GLOBALIZATION ON INTERNATIONAL AGRICULTURAL ECONOMY

    Directory of Open Access Journals (Sweden)

    А. Кozlova

    2014-09-01

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

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

    Science.gov (United States)

    Liu, Tze-Chang

    2011-01-01

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

  10. The Rise of Middle Kingdoms: Emerging Economies in Global Trade

    OpenAIRE

    Gordon H. Hanson

    2012-01-01

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

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

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

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

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

    Directory of Open Access Journals (Sweden)

    Fokina Elena Anatolyevna

    2014-12-01

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

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

    Directory of Open Access Journals (Sweden)

    Agnes Ghibuțiu

    2014-04-01

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

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

    Directory of Open Access Journals (Sweden)

    AGNES GHIBUŢIU

    2014-05-01

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

  15. The Green Economy in the Global South

    DEFF Research Database (Denmark)

    Brockington, Dan; Ponte, Stefano

    2015-01-01

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

  16. The Green Economy in the Global South

    DEFF Research Database (Denmark)

    Brockington, Dan; Ponte, Stefano

    2015-01-01

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

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

    African Journals Online (AJOL)

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

  18. ISLAMIC ECONOMIC THOUGHT AND THE NEW GLOBAL ECONOMY

    OpenAIRE

    CHAPRA, M. UMER

    2001-01-01

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

  19. Economy globalization and internationalization of business

    OpenAIRE

    Lucia PALIU-POPA

    2009-01-01

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

  20. Work security in a global economy.

    Science.gov (United States)

    Rosskam, Ellen

    2003-01-01

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

  1. Income Inequality, Global Economy and the State

    Science.gov (United States)

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

    2007-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Ana Barbara MUNGARAY-MOCTEZUMA

    2015-06-01

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

  3. Globalization and the financialization of the economy

    Directory of Open Access Journals (Sweden)

    Ion Bucur

    2013-12-01

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

  4. Corporate social responsibility in the new global economy

    OpenAIRE

    Lindfelt, Lise-Lotte

    2002-01-01

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

  5. Knowledge based economy: The role of expert diaspora

    Directory of Open Access Journals (Sweden)

    Filipović Jovan

    2012-01-01

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

  6. National competitiveness and absolute advantage in a global economy

    OpenAIRE

    Parrinello, Sergio

    2006-01-01

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

  7. Globalization and the Rise of the Entrepreneurial Economy

    NARCIS (Netherlands)

    Audretsch, D.; Sanders, M.

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

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

    Directory of Open Access Journals (Sweden)

    Rakić Mile M.

    2014-01-01

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

  9. 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.

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

    OpenAIRE

    Kružić, Dejan

    2007-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Winston P. Nagan

    2014-05-01

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

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

    OpenAIRE

    Basri, Muhammad Chatib; Rahardja, Sjamsu

    2010-01-01

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

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

    NARCIS (Netherlands)

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

    2004-01-01

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

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

    African Journals Online (AJOL)

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

  15. GLOBALIZATION AND ITS IMPACT ON INDIAN ECONOMY

    OpenAIRE

    Raghunath

    2017-01-01

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

  16. The Globalization of the Business Sector in a Small Open Economy

    DEFF Research Database (Denmark)

    Thompson, Grahame; Kaspersen, Lars Bo

    2012-01-01

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

  17. The Influence of Low-carbon Economy on Global Trade Pattern

    Science.gov (United States)

    Xiao-jing, Guo

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

  18. Global Governance: Old and New Issues

    OpenAIRE

    Gary Clyde Hufbauer

    2008-01-01

    This paper opens with a short recollection of the Kiel Week Conference of 2002, recorded in a volume edited by Horst Siebert, titled Global Governance: An Architecture for the World Economy. Assess-ments and forecasts made at that time are scored against subsequent developments. Security relations between the great powers are asserted to define the space for global economic governance. Over the next thirty years, the security context is not likely to provide the same inspiration for global ec...

  19. Knowledge Based Economy Assessment

    OpenAIRE

    Madalina Cristina Tocan

    2012-01-01

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

  20. China's coal price disturbances: Observations, explanations, and implications for global energy economies

    International Nuclear Information System (INIS)

    Yang, Chi-Jen; Xuan, Xiaowei; Jackson, Robert B.

    2012-01-01

    Since China decontrolled coal prices, its coal price has risen steadily and been unusually volatile. In 2011 in particular, high coal prices and capped electricity prices in China discouraged coal-fired power generation, triggering widespread power shortages. We suggest that these coal-price disturbances could be symptomatic of a major change in pricing dynamics of global fossil-fuel markets, with increasing correspondence between coal and oil prices globally. Historically, global coal prices have been more stable and lower than oil and natural gas prices on a per-heat basis. In recent years, however, coal prices have been increasingly volatile worldwide and have tracked other fossil fuel prices more closely. Meanwhile, the recent development of unconventional gas has substantially decoupled US natural gas and oil prices. Technically, low US natural gas prices, with potential fuel switching, could drive US domestic coal prices lower. However, this effect is unlikely to counteract the overall trend in increasing coal consumption globally. China's market size and unique, partially-controlled energy system make its reform agenda a key force in the global economy. Policymakers in the US, E.U. and elsewhere should monitor China's economic reform agenda to anticipate and respond to changes accompanying China's increasing importance in the global energy economy. - Highlights: ► Since China decontrolled its coal prices, the price of coal has risen steadily in China, accompanied by unusual volatility. ► Relatively high and volatile coal prices have triggered widespread power shortages in China. ► Coal and oil prices have already become, and continue to become, more closely linked globally. ► China's demand will likely drive up global coal prices and make them as volatile as that of other fossil fuels. ► Policymakers should monitor China's economic reform agenda to anticipate and respond to changes in the global energy economy.

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

    Directory of Open Access Journals (Sweden)

    Oana Mionel

    2014-06-01

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

  2. Interactivity Leadership in a Global Economy

    Directory of Open Access Journals (Sweden)

    Ecaterina Necsulescu

    2011-05-01

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

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

    Directory of Open Access Journals (Sweden)

    - Teng Delux

    2011-09-01

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

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

    African Journals Online (AJOL)

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

  5. Trends in and outlook for the global and South African economies

    CSIR Research Space (South Africa)

    Maia, Jorge

    2017-10-01

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

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

    Energy Technology Data Exchange (ETDEWEB)

    Kelley, Wayne; Bishop, Richard

    2010-09-15

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

  7. Impact of Globalization in Kosovo’s Economy

    Directory of Open Access Journals (Sweden)

    MSc. Nexhat Shkodra

    2013-12-01

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

  8. World Economy at the Confluence between Globalization and Regionalization

    Directory of Open Access Journals (Sweden)

    Costel Marian DIMA

    2015-12-01

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

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

    Directory of Open Access Journals (Sweden)

    Jurie van Vuuren

    2018-04-01

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

  10. Introduction: popular economies in South Africa

    OpenAIRE

    Elizabeth Hull; Deborah James

    2012-01-01

    African economies have long been a matter of concern to anthropologists, not least in the pages of Africa. These economies are situated, somewhat contradictorily, between global settings of financialized capitalism on the one hand and impoverished local arenas where cash-based economic transfers predominate on the other. The more such economies appear to be tied to wider global arenas and operations that place them beyond the reach of ordinary people, the more necessary it is to explore the l...

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

    Directory of Open Access Journals (Sweden)

    Lijie Wang

    2011-11-01

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

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

    Directory of Open Access Journals (Sweden)

    Istudor Laura Gabriela

    2017-07-01

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

  13. LINK BETWEEN SUSTAINABLE DEVELOPMENT AND GLOBALIZATION OF CONTEMPORARY ECONOMY

    Directory of Open Access Journals (Sweden)

    Adriana Grigorescu

    2014-11-01

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

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

    OpenAIRE

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

    2015-01-01

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

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

    OpenAIRE

    Turko, Vasyl; Mukan, Andriy

    2013-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Mikaelian Suren G.

    2017-12-01

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

  17. THE IMPACT OF THE GLOBAL FINANCIAL CRISIS ON ALGERIAN ECONOMY

    Directory of Open Access Journals (Sweden)

    Zeyneb GUELLIL

    2015-04-01

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

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

    OpenAIRE

    Verma, Santosh Kumar

    2015-01-01

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

  19. A resource-based view of internationalization in emerging economies

    NARCIS (Netherlands)

    Hein Roelfsema; Martijn A. Boermans

    2012-01-01

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

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

    Science.gov (United States)

    Ifinedo, Princely

    2005-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Yaremenko Oleh L.

    2015-03-01

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

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

    Science.gov (United States)

    Mies, M

    1998-01-01

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

  3. INTEGRATION OF TRADE AND DISINTEGRATION OF PRODUCTION IN THE GLOBAL ECONOMY

    OpenAIRE

    Robert Feenstra

    2003-01-01

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

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

    OpenAIRE

    Kabeer, Naila

    2015-01-01

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

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

    Science.gov (United States)

    Reed, Judith

    2015-01-01

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

  6. THE IMPACT OF MOVING TO KNOWLEDGE BASED ECONOMY IN THE PUBLIC SECTOR

    Directory of Open Access Journals (Sweden)

    Mihaela PACESILA

    2006-01-01

    Full Text Available Global economy underwent profound changes in the last fifteen years, whichdetermined the appearance of a new economy – the knowledge economy.This economy is the result of the knowledge revolution, which gets a greaterand greater importance. Knowledge development is also very important inpublic sector. The knowledge society and its impact in public sectordevelopment is a critical area of study. The knowledge economy in publicsector requires the utilization of the knowledge in order to improve thetransparence, the services delivering to the citizens, for a bettercommunication with the citizens/users/clients and in order to improve theknowing degree of their needs. The transition to the knowledge economy inpublic sector has to take place in a decentralized, non-bureaucratic, cataliticand permissive environment, orientated to the results. In the same time, thepublic organizations must become knowledge based organizations, that havethe responsability and the flexibility to achieve the objectives publicly defined.In order to promote efficiently the development in the knowledge economy,the government must facilitate, instead of breaking, the process of economicchanges and modernizations, according as this modifications create newopportuneness and raised revenues. This must become as fast, selectiveand flexible as the economy and the society with which is mostly in contactand it must adopt the political decisions that serve the best the publicinterest.

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

    Science.gov (United States)

    Wei, Xinyu; Bao, Wenbin

    2018-06-01

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

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

    Energy Technology Data Exchange (ETDEWEB)

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

    2012-05-15

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

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

    DEFF Research Database (Denmark)

    Koch, Christian

    2004-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Domingo NEVADO PEÑA

    2010-06-01

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

  11. Energy Information Data Base: serial titles

    International Nuclear Information System (INIS)

    1980-06-01

    The Department of Energy Technical Information Center (TIC) is responsible for creating bibliographic data bases that are used in the announcement and retrieval of publications dealing with all phases of energy. The TIC interactive information processing system makes use of a number of computerized authorities so that consistency can be maintained and indexes can be produced. One such authority is the Energy Information Data Base: Serial Titles. This authority contains the full and abbreviated journal title, country of publication, CODEN, and certain codes. This revision replaces previous revisions of this document

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

    Directory of Open Access Journals (Sweden)

    Ki Su Kim

    2005-02-01

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

  13. Environmental and Health Benefits and Risks of a Global Hydrogen Economy

    Science.gov (United States)

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

    2003-12-01

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

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

    Directory of Open Access Journals (Sweden)

    Iryna Chychkalo-Kondratska

    2017-10-01

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

  15. An overview of energy consumption of the globalized world economy

    International Nuclear Information System (INIS)

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

    2011-01-01

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

  16. Knowledge based economy in European Union

    Directory of Open Access Journals (Sweden)

    Ecaterina Stănculescu

    2012-04-01

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

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

    Directory of Open Access Journals (Sweden)

    Mavhungu Abel Mafukata

    2016-10-01

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

  18. The Dutch Economy 2009

    International Nuclear Information System (INIS)

    2010-09-01

    In the series 'The Dutch Economy' the Dutch Statistical Office describes and analyzes annual developments in enterprises, households and governments, and with respect to employment and the environment. One of the subjects is 'Economy and Environment' with the sub-topics 'Resources and Energy', 'Emissions' and 'Environmental Taxes'. Furthermore, in articles on specific themes current economic issues are discussed. One of those themes has the title 'Share of renewable energy in the Netherlands is still small'. [nl

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

    Directory of Open Access Journals (Sweden)

    Jutta Gutberlet

    2017-09-01

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

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

    Science.gov (United States)

    Polack, Robert J.

    2004-01-01

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

  1. Heroes of the knowledge economy

    DEFF Research Database (Denmark)

    Ørberg, Jakob Williams

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

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

    Science.gov (United States)

    Peters, Jeffrey C.

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

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

    Science.gov (United States)

    Garrett, T. J.

    2015-03-01

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

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

    Directory of Open Access Journals (Sweden)

    Raluca Ionela CREŢOIU

    2014-03-01

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

  5. Towards a carbon-negative sustainable bio-based economy.

    Science.gov (United States)

    Vanholme, Bartel; Desmet, Tom; Ronsse, Frederik; Rabaey, Korneel; Van Breusegem, Frank; De Mey, Marjan; Soetaert, Wim; Boerjan, Wout

    2013-01-01

    The bio-based economy relies on sustainable, plant-derived resources for fuels, chemicals, materials, food and feed rather than on the evanescent usage of fossil resources. The cornerstone of this economy is the biorefinery, in which renewable resources are intelligently converted to a plethora of products, maximizing the valorization of the feedstocks. Innovation is a prerequisite to move a fossil-based economy toward sustainable alternatives, and the viability of the bio-based economy depends on the integration between plant (green) and industrial (white) biotechnology. Green biotechnology deals with primary production through the improvement of biomass crops, while white biotechnology deals with the conversion of biomass into products and energy. Waste streams are minimized during these processes or partly converted to biogas, which can be used to power the processing pipeline. The sustainability of this economy is guaranteed by a third technology pillar that uses thermochemical conversion to valorize waste streams and fix residual carbon as biochar in the soil, hence creating a carbon-negative cycle. These three different multidisciplinary pillars interact through the value chain of the bio-based economy.

  6. Towards a carbon-negative sustainable bio-based economy

    Directory of Open Access Journals (Sweden)

    Bartel eVanholme

    2013-06-01

    Full Text Available The bio-based economy relies on sustainable, plant-derived resources for fuels, chemicals, materials, food and feed rather than on the evanescent usage of fossil resources. The cornerstone of this economy is the biorefinery, in which renewable resources are intelligently converted to a plethora of products, maximizing the valorization of the feedstocks. Innovation is a prerequisite to move a fossil-based economy towards sustainable alternatives, and the viability of the bio-based economy depends on the integration between plant (green and industrial (white biotechnology. Green biotechnology deals with primary production through the improvement of biomass crops, while white biotechnology deals with the conversion of biomass into products and energy. Waste streams are minimized during these processes or partly converted to biogas, which can be used to power the processing pipeline. The sustainability of this economy is guaranteed by a third technology pillar that uses thermochemical conversion to valorize waste streams and fix residual carbon as biochar in the soil, hence creating a carbon-negative cycle. These three different multidisciplinary pillars interact through the value chain of the bio-based economy.

  7. Towards a carbon-negative sustainable bio-based economy

    Science.gov (United States)

    Vanholme, Bartel; Desmet, Tom; Ronsse, Frederik; Rabaey, Korneel; Breusegem, Frank Van; Mey, Marjan De; Soetaert, Wim; Boerjan, Wout

    2013-01-01

    The bio-based economy relies on sustainable, plant-derived resources for fuels, chemicals, materials, food and feed rather than on the evanescent usage of fossil resources. The cornerstone of this economy is the biorefinery, in which renewable resources are intelligently converted to a plethora of products, maximizing the valorization of the feedstocks. Innovation is a prerequisite to move a fossil-based economy toward sustainable alternatives, and the viability of the bio-based economy depends on the integration between plant (green) and industrial (white) biotechnology. Green biotechnology deals with primary production through the improvement of biomass crops, while white biotechnology deals with the conversion of biomass into products and energy. Waste streams are minimized during these processes or partly converted to biogas, which can be used to power the processing pipeline. The sustainability of this economy is guaranteed by a third technology pillar that uses thermochemical conversion to valorize waste streams and fix residual carbon as biochar in the soil, hence creating a carbon-negative cycle. These three different multidisciplinary pillars interact through the value chain of the bio-based economy. PMID:23761802

  8. The Economic Crisis and Several Effects on Global Economy

    Directory of Open Access Journals (Sweden)

    Florina BRAN

    2011-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Dr. Sumanjeet Singh

    2011-07-01

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

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

    OpenAIRE

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

    2015-01-01

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

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

    OpenAIRE

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

    2000-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Enggal Sriwardiningsih

    2012-09-01

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

  13. The Economy Governing During Globalization Era

    Directory of Open Access Journals (Sweden)

    Ion Bucur

    2006-09-01

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

  14. The Economy Governing During Globalization Era

    Directory of Open Access Journals (Sweden)

    Ion Bucur

    2006-07-01

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

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

    Science.gov (United States)

    Garrett, T. J.

    2015-10-01

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

  16. Malaysia Transitions toward a Knowledge-Based Economy

    Science.gov (United States)

    Mustapha, Ramlee; Abdullah, Abu

    2004-01-01

    The emergence of a knowledge-based economy (k-economy) has spawned a "new" notion of workplace literacy, changing the relationship between employers and employees. The traditional covenant where employees expect a stable or lifelong employment will no longer apply. The retention of employees will most probably be based on their skills…

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

    Directory of Open Access Journals (Sweden)

    Ioana-Iulica MIHAI

    2013-05-01

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

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

    NARCIS (Netherlands)

    Burgoon, B.; Fransen, L.

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

  19. A modified GHG intensity indicator: Toward a sustainable global economy based on a carbon border tax and emissions trading

    International Nuclear Information System (INIS)

    Farrahi Moghaddam, Reza; Farrahi Moghaddam, Fereydoun; Cheriet, Mohamed

    2013-01-01

    It will be difficult to gain the agreement of all the actors on any proposal for climate change management, if universality and fairness are not considered. In this work, a universal measure of emissions to be applied at the international level is proposed, based on a modification of the Greenhouse Gas Intensity (GHG-INT) measure. It is hoped that the generality and low administrative cost of this measure, which we call the Modified Greenhouse Gas Intensity measure (MGHG-INT), will eliminate any need to classify nations. The core of the MGHG-INT is what we call the IHDI-adjusted Gross Domestic Product (IDHIGDP), based on the Inequality-adjusted Human Development Index (IHDI). The IDHIGDP makes it possible to propose universal measures, such as MGHG-INT. We also propose a carbon border tax applicable at national borders, based on MGHG-INT and IDHIGDP. This carbon tax is supported by a proposed global Emissions Trading System (ETS). The proposed carbon tax is analyzed in a short-term scenario, where it is shown that it can result in a significant reduction in global emissions while keeping the economy growing at a positive rate. In addition to annual GHG emissions, cumulative GHG emissions over two decades are considered with almost the same results. - Highlights: ► An IHDI-adjusted GDP (IHDIGDP) is introduced to universally account the activities of nations. ► A modified GHG emission intensity (MGHG-INT) is introduced based on the IHDIGDP. ► Based on green and red scenarios, admissible emissions and RED percentage are introduced. ► The RED percentage is used to define a border carbon tax (BCT) and emission trading system. ► The MGHG-INT can provide a universal control on emissions while allowing high economical growth

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

    International Nuclear Information System (INIS)

    Jenkins, T.N.

    1996-01-01

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

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

    Energy Technology Data Exchange (ETDEWEB)

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

    2013-04-15

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

  2. GLOBALIZATION AND SMALL BUSINESSES AND ECONOMIES – CHALLENGES AND OPPORTUNITIES

    Directory of Open Access Journals (Sweden)

    NINKO KOSTOVSKI

    2016-08-01

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

  3. Globalism and Corporate Identity in the Post-crisis Economy

    Directory of Open Access Journals (Sweden)

    Diana Andreia HRISTACHE

    2012-02-01

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

  4. Digital Economy for Sustainable Economic Growth

    Directory of Open Access Journals (Sweden)

    Shuyong Guo

    2017-12-01

    Full Text Available Recent decades have seen a rapid digital transformation resulting in important and sometimes even crucial changes in business, society and the global economy. After the global crisis of 2008–2009, digital industries have been among the most dynamic and promising in the global economy. Nevertheless, the world lacks equilibrium between benefits and risks in the digital economy, which explains the need for global governance in this sphere. This article analyzes the role and characteristics of the G20 in the introduction of global governance in the digital economy. The authors review what’s meant by the digital economy and define the key characteristics of this sector, as well as highlight the challenges to international cooperation, analyze the digital strategies of G20 countries, study the G20’s participation in the global governance of the digital economy, analyze the potential for the leaders of China and Russia, and make recommendations concerning the participation of the G20 in the global governance of the digital economy. The authors arrive at the following conclusions. First, society has to govern the digital economy properly in order to eliminate disparities between developed and developing countries, as well as address cyber security and other threats, and promote a higher quality of life for all. Second, the G20 has very limited experience in the governing of the digital economy, but as a leader in terms of soft power, and as an organization with limited membership that includes both countries with a developed digital sector and countries that lag behind, it may play a great role in the digital economy’s global governance. Third, the US has historically been a leader in the IT sector and the digital economy. In recent years, China has sufficiently improved its positions, which allows it to aspire to a higher role in global governance. Russia may also play a greater (though not a leading role, taking into account its experience and

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

    OpenAIRE

    Rehman, Sharaf N.

    2016-01-01

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

  6. Plant cell wall sugars: sweeteners for a bio-based economy.

    Science.gov (United States)

    Van de Wouwer, Dorien; Boerjan, Wout; Vanholme, Bartel

    2018-02-12

    Global warming and the consequent climate change is one of the major environmental challenges we are facing today. The driving force behind the rise in temperature is our fossil-based economy, which releases massive amounts of the greenhouse gas carbon dioxide into the atmosphere. In order to reduce greenhouse gas emission, we need to scale down our dependency on fossil resources, implying that we need other sources for energy and chemicals to feed our economy. Here, plants have an important role to play; by means of photosynthesis, plants capture solar energy to split water and fix carbon derived from atmospheric carbon dioxide. A significant fraction of the fixed carbon ends up as polysaccharides in the plant cell wall. Fermentable sugars derived from cell wall polysaccharides form an ideal carbon source for the production of bio-platform molecules. However, a major limiting factor in the use of plant biomass as feedstock for the bio-based economy is the complexity of the plant cell wall and its recalcitrance towards deconstruction. To facilitate the release of fermentable sugars during downstream biomass processing, the composition and structure of the cell wall can be engineered. Different strategies to reduce cell wall recalcitrance will be described in this review. The ultimate goal is to obtain a tailor-made biomass, derived from plants with a cell wall optimized for particular industrial or agricultural applications, without affecting plant growth and development. This article is protected by copyright. All rights reserved.

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

    Directory of Open Access Journals (Sweden)

    Victor Nwaoba ITUMO

    2016-12-01

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

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

    Science.gov (United States)

    Burchardt, Marian

    2016-05-01

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

  9. The Political Economy of Global Communication

    Directory of Open Access Journals (Sweden)

    Robert W. McChesney

    2015-03-01

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

  10. Transition to knowledge-based economy in Saudi Arabia

    NARCIS (Netherlands)

    Nour, S.

    2014-01-01

    This paper discusses the progress in transition to knowledge-based economy in Saudi Arabia. As for the methodology, this paper uses updated secondary data obtained from different sources. It uses both descriptive and comparative approaches and uses the OECD definition of knowledge-based economy and

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

    Directory of Open Access Journals (Sweden)

    Paul S. Ciccantell

    2015-08-01

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

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

    NARCIS (Netherlands)

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

    2014-01-01

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

  13. CONTRIBUTIONS OF “KNOWLEDGE” IN WORLD ECONOMY

    Directory of Open Access Journals (Sweden)

    Gabriela-Liliana CIOBAN

    2016-09-01

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

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

    Science.gov (United States)

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

    2013-04-15

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

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

    Directory of Open Access Journals (Sweden)

    Oleg M. Tolmachev

    2015-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Alina-Mihaela BABONEA

    2012-10-01

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

  17. Introducing Opportunity-based Entrepreneurship in a Transition Economy

    DEFF Research Database (Denmark)

    Perunovic, Zoran

    2005-01-01

    This paper confronts necessity-based and opportunity-based entrepreneurial concepts in the transition of developing economies. The author constructs a research model and conducts field research (using Serbia as a case study) to explore how different personal and regional characteristics can favour......-up strategy for transition and developing economies....

  18. The Social Economy Enterprises in Romania

    Directory of Open Access Journals (Sweden)

    Chelariu Gabriel

    2017-01-01

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

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

    OpenAIRE

    Mirjana Radovic Markovic

    2007-01-01

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

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

    Science.gov (United States)

    Ruppert, Sandra S.

    2010-01-01

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

  1. Opportunities for a bio-based economy in the Netherlands

    International Nuclear Information System (INIS)

    Sanders, J.; Hoeven, D. van der

    2008-01-01

    The shift to a bio-based economy for the Netherlands is not only required because of climate change, but also for industrial strategy reasons. Traditional strongholds of the Dutch economy like the Rotterdam harbour, the agricultural sector (including the greenhouse sector, and food and feed industries) and the petrochemical industry will be affected by the new economic realities, and it is precisely to these sectors that a bio-based economy will offer new opportunities. (author)

  2. Inverting the moral economy

    DEFF Research Database (Denmark)

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

    2017-01-01

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

  3. Inverting the moral economy

    DEFF Research Database (Denmark)

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

    2015-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Mihail PRODANCIUK

    2013-12-01

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

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

    Directory of Open Access Journals (Sweden)

    Ion IGNAT

    2013-12-01

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

  6. Education, Globalisation and the Future of the Knowledge Economy

    Science.gov (United States)

    Brown, Phillip; Lauder, Hugh; Ashton, David

    2008-01-01

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

  7. 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...

  8. Maize dependence or market integration? Caries prevalence among indigenous Maya communities with maize-based versus globalized economies.

    Science.gov (United States)

    Vega Lizama, Elma Maria; Cucina, Andrea

    2014-02-01

    The relationship between diet and oral health is widely known, yet data on dental caries prevalence is lacking for many indigenous groups with traditional or rapidly modernizing diets. This research documents caries prevalence in two Maya communities from northern Yucatán (Mexico) with significantly different levels of market integration, subsistence, and diet: Yalsihón, with a traditional, maize-based subsistence economy, and Dzilam, with access to globalized food markets. Each sample was subdivided by sex into 15-19, 20-24, and 25-30 years-of-age classes. Caries prevalence was considered separately both when the lesion affected the enamel superficially (grade 1+) and when it reached the dentin (grade 2+). In both villages, females of all age classes manifest more caries than males. Results show higher prevalence of caries at Dzilam than at Yalsihón, except for grade 1+ caries among 15-19-year-old males and grade 2+ caries among 15-19-year-old females. Though differences are not significant, earlier pregnancies among 15-19-year-old females at Yalsihón could be a causative factor. A survey indicated a more balanced diet at Yalsihón despite a heavier intake of maize than at Dzilam. Striking differences were documented in the ingestion of soda and globalized foods; sodas were virtually absent at Yalsihón, while at Dzilam they were ingested daily in great quantities. The decline in oral health at Dzilam is inferred to result from consumption of industrially processed foods and drinks, while a traditional diet leads to less caries despite daily heavy consumption of maize, which must be considered when interpreting caries rates in archaeological samples. Copyright © 2013 Wiley Periodicals, Inc.

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

    Directory of Open Access Journals (Sweden)

    Dewi Rachmayanti

    2014-08-01

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

  10. Foreword. The Knowledge Economy: The Present Future

    Directory of Open Access Journals (Sweden)

    Constantin Bratianu

    2017-12-01

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

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

    Science.gov (United States)

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

    2012-08-31

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

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

    Directory of Open Access Journals (Sweden)

    Murray Susan F

    2012-08-01

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

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

    Directory of Open Access Journals (Sweden)

    Edward S. Cohen

    2013-10-01

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

  14. Enriched Title-Based Keyword Index Generation Using dBase II.

    Science.gov (United States)

    Rajendran, P. P.

    1986-01-01

    Describes the use of a database management system (DBMS)--dBaseII--to create an enriched title-based keyword index for a collection of news items at the Renewable Energy Resources Information Center of the Asian Institute of Technology. The use of DBMSs in libraries in developing countries is emphasized. (Author/LRW)

  15. Imperatives for an agricultural green economy in South Africa

    Directory of Open Access Journals (Sweden)

    Constansia Musvoto

    2015-01-01

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

  16. Economic Globalization - a Phenomenon of Global Business Integration

    Directory of Open Access Journals (Sweden)

    Radu-Marcel Joia

    2012-05-01

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

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

    Directory of Open Access Journals (Sweden)

    Agnes Ghibuțiu

    2012-04-01

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

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

    OpenAIRE

    John Sagi; Elias Carayannis; Subhashish Dasgupta; Gary Thomas

    2004-01-01

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

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

    International Nuclear Information System (INIS)

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

    2008-09-01

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

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

    International Nuclear Information System (INIS)

    Guivarch, Celine; Hallegatte, Stephane; Crassous, Renaud

    2009-01-01

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

  1. Malaysia collaborates with the new york academy of sciences to develop an innovation-based economy.

    Science.gov (United States)

    Wahome, Michel; Rubinstein, Ellis

    2011-07-01

    If Malaysia is to become a high-income country by 2020, it will have to transform into a knowledge-based, innovation economy. This goal will be achieved by developing an atmosphere conducive to experimentation and entrepreneurship at home; while reaching out to partners across the globe. One of Malaysia's newest partnerships is with the New York Academy of Sciences. The Academy has expertise in innovation and higher education and a long history of promoting science, education, and science-based solutions through a global network of scientists, industry-leaders, and policy-makers. Malaysia's Prime Minister, Dato' Sri Mohd Najib Tun Abdul Razak, leveraged the Academy's network to convene a science, technology, and innovation advisory council. This council would provide practical guidance to establish Malaysia as an innovation-based economy. Three initial focus areas, namely palm-oil biomass utilisation, establishment of smart communities, and capacity building in science and engineering, were established to meet short-term and long-term targets.

  2. Transformative Pedagogy, Leadership and School Organisation for the Twenty-First-Century Knowledge-Based Economy: The Case of Singapore

    Science.gov (United States)

    Dimmock, Clive; Goh, Jonathan W. P.

    2011-01-01

    Singapore has a high performing school system; its students top international tests in maths and science. Yet while the Singapore government cherishes its world class "brand", it realises that in a globally competitive world, its schools need to prepare students for the twenty-first-century knowledge-based economy (KBE). Accordingly,…

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

    Directory of Open Access Journals (Sweden)

    Romeo Bosneagu

    2014-05-01

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

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

    International Nuclear Information System (INIS)

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

    2015-01-01

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

  5. KNOWLEDGE SOCIETY, GENERAL FRAMEWORK FOR KNOWLEDGE BASED ECONOMY

    Directory of Open Access Journals (Sweden)

    Dragos CRISTEA

    2011-03-01

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

  6. Considering Human Capital Theory in Assessment and Training: Mapping the Gap between Current Skills and the Needs of a Knowledge-Based Economy in Northeast Iowa

    Science.gov (United States)

    Mihm-Herold, Wendy

    2010-01-01

    In light of the current economic downturn, thousands of Iowans are unemployed and this is the ideal time to build the skills of the workforce to compete in the knowledge-based economy so businesses and entrepreneurs can compete in a global economy. A tool for assessing the skills and knowledge of dislocated workers and students as well as…

  7. 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.

  8. Global challenges in energy

    International Nuclear Information System (INIS)

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

    2006-01-01

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

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

    Science.gov (United States)

    Hale, A

    1996-10-01

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

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

    Science.gov (United States)

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

    2016-04-01

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

  11. FROM CIRCULAR ECONOMY TO BLUE ECONOMY

    Directory of Open Access Journals (Sweden)

    Iustin-Emanuel, ALEXANDRU

    2014-11-01

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

  12. Emergy-based ecological account for the Chinese economy in 2004

    Science.gov (United States)

    Jiang, M. M.; Zhou, J. B.; Chen, B.; Chen, G. Q.

    2008-12-01

    This paper provides an integrated study on the ecological account for the Chinese economy in 2004 based on emergy synthesis theory. The detailed flows of the Chinese economy is diagramed, accounted and analyzed in categories using the biophysically based ecological accounting. Through calculating environmental and economic inputs within and outside the Chinese economy, this paper discusses the Chinese international exchange, describes the resource structure, and assesses its sustainability as a whole. Also, the comparison of systematic indicators, such as emergy/dollar ratio, environmental load ratio, and emergy self-support ratio, with those of the other countries is tabled and explored to illustrate the general status of the Chinese economy in the world. Take, for example, the environmental load ratio, which was 9.29 in China 2004, it reveals that the Chinese economy put high pressure on the local environment compared with those of the environment-benign countries, such as Brazil (0.75), Australia (0.86) and New Zealand (0.81). In addition, in this paper, the accounting method of tourism is adjusted based on the previous researches.

  13. Base-of-the-pyramid global strategy

    Directory of Open Access Journals (Sweden)

    Boşcor, D.

    2010-12-01

    Full Text Available Global strategies for MNCs should focus on customers in emerging and developing markets instead of customers in developed economies. The “base-of-the-pyramid segment” comprises 4 billion people in the world. In order to be successful, companies will be required to form unconventional partnerships- with entities ranging from local governments to non-profit organizations - to gain the community’s trust and understand the environmental, infrastructure and political issues that may affect business. Being able to provide affordable, high-quality products and services in this market segment often means new approaches to marketing- new packaging and pricing structures, and using unfamiliar distribution structures.

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

    Science.gov (United States)

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

    2010-10-01

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

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

    Directory of Open Access Journals (Sweden)

    Kenourgios Dimitris

    2014-01-01

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

  16. Opportunities for a Bio-based Economy in the Netherlands

    NARCIS (Netherlands)

    Sanders, J.P.M.; Hoeven, van der D.A.

    2008-01-01

    The shift to a bio-based economy for the Netherlands is not only required because of climate change, but also for industrial strategy reasons. Traditional strongholds of the Dutch economy like the Rotterdam harbour, the agricultural sector (including the greenhouse sector, and food and feed

  17. An analysis of macroeconomic fluctuations for a small open oil-based economy: The case of Saudi Arabia

    Science.gov (United States)

    Al-Abdulkarim, Bander B.

    The increasing fluctuations in the oil prices through the last decades have been transferred to the oil exporting countries. Thus, many oil exporting countries experienced significant changes in the economic activity due to changes in the oil markets. In light of this, oil exporting countries have attempted to implement a policy that would stabilize the fluctuations in the oil markets recognizing the adverse effects of such behavior on oil exporting countries, as well as oil importing countries. Saudi Arabia, as the largest oil-exporting country and a member of OPEC, takes the role of oil-markets stabilizer by behaving as the swing producer. This role has caused the global economic fluctuations to transfer into the domestic economy. In addition, Saudi Arabian government has adopted a fixed exchange rate currency regime. Although it has contributed to domestic price stabilizations, this policy has also exposed the country to global economic disturbances. The purpose of the study is to empirically investigate these aspects for Saudi Arabia. First, the effects of shocks originated in the international markets on the Saudi Arabian economy. Second, how the fixed exchange rate regimes influences the domestic macroeconomic variables. Third, to what extent the oil sector contributes to the non-oil domestic fluctuations. Finally, how the findings from the study can be explained by economic theory. In pursuing this, there are four economic theories that are considered to explain the causes of business cycles. These theories are Classical Theory, Keynesian Theory, Monetarist Theory, and the Real Business Cycles. In addition, a theoretical model is derived that is suitable for an oil-based economy. The model follows the set up of McCallum and Nelson (1999). Then, the empirical models of Structural Vector Autoregression (SVAR) and Error Correction Model (ECM) are implemented with three different specifications: Choleski Decomposition, Block Exogeneity and long-run Cointegration

  18. Browse Title Index

    African Journals Online (AJOL)

    Items 201 - 250 of 577 ... Issue, Title. Vol 20, No 2 (2003), Emergency Contraception: A Global Overview of Knowledge, Attitudes and Practices Among Providers, Abstract PDF. Deborah Haggai. Vol 23 (2006):, Emergency laparotomy for peripartum haemorrhage in Bida North Central Nigeria, Abstract PDF. Sunny Abiodun O ...

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

    Science.gov (United States)

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

    2004-12-01

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

  20. The Visual Experience Economy: What Kind of Economics?

    DEFF Research Database (Denmark)

    Michelsen, Anders Ib

    2014-01-01

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

  1. Nuclear power--the hope of green economy

    International Nuclear Information System (INIS)

    Tian Jiashu; Wang Chuang

    2010-01-01

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

  2. «Resource type» regions in the modern Russian economy

    Directory of Open Access Journals (Sweden)

    Levin Sergey, N.

    2015-06-01

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

  3. 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

  4. The real mechanisms of the global economy

    Directory of Open Access Journals (Sweden)

    Angel Asensio

    2010-12-01

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

  5. Collection-based analysis of selected medical libraries in the Philippines using Doody's Core Titles.

    Science.gov (United States)

    Torres, Efren

    2017-01-01

    This study assessed the book collection of five selected medical libraries in the Philippines, based on Doodys' Essential Purchase List for basic sciences and clinical medicine, to compare the match and non-match titles among libraries, to determine the strong and weak disciplines of each library, and to explore the factors that contributed to the percentage of match and non-match titles. List checking was employed as the method of research. Among the medical libraries, De La Salle Health Sciences Institute and University of Santo Tomas had the highest percentage of match titles, whereas Ateneo School of Medicine and Public Health had the lowest percentage of match titles. University of the Philippines Manila had the highest percentage of near-match titles. De La Salle Health Sciences Institute and University of Santo Tomas had sound medical collections based on Doody's Core Titles. Collectively, the medical libraries shared common collection development priorities, as evidenced by similarities in strong areas. Library budget and the role of the library director in book selection were among the factors that could contribute to a high percentage of match titles.

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

    Science.gov (United States)

    Hague, Douglas

    1983-01-01

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

  7. Efficiency, sustainability and global warming

    International Nuclear Information System (INIS)

    Woodward, Richard T.; Bishop, Richard C.

    1995-01-01

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

  8. GLOBALIZATION AND FOREIGN DIRECT INVESTMENTS

    Directory of Open Access Journals (Sweden)

    Elena Chirilă – Donciu

    2013-07-01

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

  9. Policy and Regulatory Challenges in the Tourism Collaborative Economy

    DEFF Research Database (Denmark)

    Dredge, Dianne

    2017-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Volodymyr Satsyk

    2009-04-01

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

  11. Between mountains of gold and green business. System analysis of a bio-based economy; Tussen gouden bergen en groene business. Systeemverkenning van een bio-based economie

    Energy Technology Data Exchange (ETDEWEB)

    Weterings, R.; Roelofs, E.; Suurs, R.; Van der Zee, F.

    2012-04-15

    The study shows it is possible for the Dutch industry to expand its strong knowledge position to a forceful international competitive position by aiming innovations towards the realization of a biobased economy. The main conclusions of this report are that the biobased economy offers big opportunities for sustainable economic development in the Netherlands and in Europe, but there is no guarantee of success. At a European level a stable and inviting investment climate necessary for biobased economic activity is lacking. In the Netherlands there is a need for a proactive innovation policy to substantially accelerate the development of promising business cases [Dutch] Deze verkenning vertrekt vanuit trends en ontwikkelingen in de wereld en kijkt vervolgens naar de consequenties voor Europa en Nederland. Dit 'van buiten naar binnen' perspectief contrasteert met veel andere analyses die doorgaans vertrekken vanuit de kansen voor bio-based processen en producten en vooral ingaan op de 'gewenste' maatschappelijke context. Gekeken is enerzijds naar globale maatschappelijke trends en anderzijds naar specifieke sleutelactiviteiten binnen het Nederlandse innovatiesysteem. De verkenning gaat met deze benadering niet alleen in op de mondiale en Europese context, maar analyseert ook op systematische wijze de sterkten en zwakten binnen het Nederlandse innovatiesysteem.

  12. The transition from industrial (traditional to new (information economy

    Directory of Open Access Journals (Sweden)

    Ilić Bogdan B.

    2004-01-01

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

  13. The Political Economy of India’s Economic Reforms: Three Periods from 1947-2016

    Science.gov (United States)

    2016-06-01

    ECONOMY OF INDIA’S ECONOMIC REFORMS: THREE PERIODS FROM 1947–2016 by Vinamra V. Pande June 2016 Thesis Advisor: Naazneen Barma Co-Advisor...COVERED Master’s thesis 4. TITLE AND SUBTITLE THE POLITICAL ECONOMY OF INDIA’S ECONOMIC REFORMS: THREE PERIODS FROM 1947–2016 5. FUNDING NUMBERS 6...India’s economic history. This research explores some of the most notable parts of India’s political economy and analyzes the domestic and

  14. Comparing the characteristics of highly cited titles and highly alted titles

    Energy Technology Data Exchange (ETDEWEB)

    Didegah, F.; Bowman, T.D.; Bowman, S.; Hartley, J.

    2016-07-01

    This study examines differences in the types of titles for articles that show high altmetric activity (highly alted articles) versus highly cited articles. This work expands on previous research on document titles in combination with a grounded theory approach to develop a codebook in which articles were manually coded based on 11 characteristics. The results show that there are differences and similarities in titles across many of the examined characteristics; highly cited titles and highly mentioned titles on Wikipedia have some similar characteristics such as they have the the highest percentage of substantive words; in addition, there are no or very few titles referencing outside or with humor/lightness on both platforms. Twitter and Facebook also showed some similarities having the highest percentage of humorous/light titles and lowest percentage of substantive words in their titles. (Author)

  15. 40 CFR 600.208-12 - Calculation of FTP-based and HFET-based fuel economy and carbon-related exhaust emission values...

    Science.gov (United States)

    2010-07-01

    ...-based fuel economy and carbon-related exhaust emission values for a model type. 600.208-12 Section 600... ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1977 and Later...-based and HFET-based fuel economy and carbon-related exhaust emission values for a model type. (a) Fuel...

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

    DEFF Research Database (Denmark)

    Whelan, Glen

    2017-01-01

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

  17. Michel Houellebecq and the International Sexual Economy

    Directory of Open Access Journals (Sweden)

    Douglas Morrey

    2004-01-01

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

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

    Energy Technology Data Exchange (ETDEWEB)

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

    1992-08-01

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

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

    Energy Technology Data Exchange (ETDEWEB)

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

    1992-01-01

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

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

    International Nuclear Information System (INIS)

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

    1992-01-01

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

  1. Jobless society – phenomenon of global economy

    Directory of Open Access Journals (Sweden)

    Bilobrova Tetiana Oleksandrivna

    2015-10-01

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

  2. The Bio-Economy Concept and Knowledge Base in a Public Goods and Farmer Perspective

    Directory of Open Access Journals (Sweden)

    Otto Schmidt

    2012-05-01

    Full Text Available Currently an industrial perspective dominates the EU policy framework for a European bio-economy. The Commission’s proposal on the bio-economy emphasises greater resource-efficiency, largely within an industrial perspective on global economic competitiveness, benefiting capital-intensive industries at higher levels of the value chain. However a responsible bio-economy must initially address the sustainable use of resources. Many farmers are not only commodity producers but also providers of quality food and managers of the eco-system. A public goods-oriented bio-economy emphasises agro-ecological methods, organic and low (external input farming systems, ecosystem services, social innovation in multi-stakeholder collective practices and joint production of knowledge. The potential of farmers and SMEs to contribute to innovation must be fully recognised. This approach recognises the importance of local knowledge enhancing local capabilities, while also accommodating diversity and complexity. Therefore the bio-economy concept should have a much broader scope than the dominant one in European Commission innovation policy. Socio-economic research is needed to inform strategies, pathways and stakeholder cooperation towards sustainability goals.

  3. Monetary Policy Rules in Some Transition Economies

    Directory of Open Access Journals (Sweden)

    Mohamed El-Hodiri

    2014-12-01

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

  4. Long term energy and emission implications of a global shift to electricity-based public rail transportation system

    International Nuclear Information System (INIS)

    Chaturvedi, Vaibhav; Kim, Son H.

    2015-01-01

    With high reliance on light-duty vehicles in the present, the future of global transportation system is also geared towards private modes, which has significant energy and emission implications. Public transportation has been argued as an alternative strategy for meeting the rising transportation demands of the growing world, especially the poor, in a sustainable and energy efficient way. The present study analyzes an important yet under-researched question – what are the long-term energy and emission implications of an electric rail based passenger transportation system for meeting both long and short distance passenter transportation needs? We analyze a suite of electric rail share scenarios with and without climate policy. In the reference scenario, the transportation system will evolve towards dominance of fossil based light-duty vehicles. We find that an electric rail policy is more successful than an economy wide climate policy in reducing transport sector energy demand and emissions. Economy wide emissions however can only be reduced through a broader climate policy, the cost of which can be reduced by hundreds of billions of dollars across the century when implemented in combination with the transport sector focused electric rail policy. Moreover, higher share of electric rail enhances energy security for oil importing nations and reduces vehicular congestion and road infrastructure requirement as well. -- Highlights: •Economy wide carbon price policy will have little impact on transportation emissions. •Focused energy and emission mitigation policies required for transportation sector. •Large global shift towards electric rail based public transport is one possible option. •Transport sector focused policy will have marginal impact on total global emissions. •A combined transport sector and economy wide policy can reduce costs significantly

  5. Your Institution in a Global Economy

    Science.gov (United States)

    Freund, William

    2009-01-01

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

  6. Human Trafficking: Fighting the Illicit Economy with the Legitimate Economy

    Directory of Open Access Journals (Sweden)

    Louise Shelley

    2015-02-01

    Full Text Available Since the beginning of research on human trafficking, there has been attention paid to the challenges surrounding the illicit economy. In creating new strategies and initiatives on combatting human trafficking, there needs to be more discussion surrounding the legitimate economy and how the business sector can make an impact in the fight against trafficking. Currently, there is a growing movement of businesses that are looking to address human trafficking through training, education, and leadership initiatives; codes of conduct; supply chain management; and financial analysis. This paper will examine the latest in these strategies and approaches by businesses in the global war against human trafficking, in addition to a discussion of a new initiative engaging the private sector co-led by Dr. Louise Shelley and Christina Bain through the World Economic Forum’s Global Agenda Council Network.

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

    Directory of Open Access Journals (Sweden)

    Cvetanović Slobodan

    2015-01-01

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

  8. Value Creation in the Knowledge-Based Economy

    Science.gov (United States)

    Liu, Fang-Chun

    2013-01-01

    Effective investment strategies help companies form dynamic core organizational capabilities allowing them to adapt and survive in today's rapidly changing knowledge-based economy. This dissertation investigates three valuation issues that challenge managers with respect to developing business-critical investment strategies that can have…

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

    Directory of Open Access Journals (Sweden)

    Chijioke Hope Ukanwah

    2015-09-01

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

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

    Directory of Open Access Journals (Sweden)

    Dmytro Lukianenko

    2013-08-01

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

  11. System-of-Systems Framework for the Future Hydrogen-Based Transportation Economy: Preprint

    Energy Technology Data Exchange (ETDEWEB)

    Duffy, M.; Sandor, D.

    2008-06-01

    From a supply chain view, this paper traces the flow of transportation fuels through required systems and addresses the current petroleum-based economy, DOE's vision for a future hydrogen-based transportation economy, and the challenges of a massive market and infrastructure transformation.

  12. Philosophy of sufficiency economy for community-based adaptation to climate change: Lessons learned from Thai case studies

    Directory of Open Access Journals (Sweden)

    Kulvadee Kansuntisukmongkol

    2017-01-01

    Full Text Available Major components within the philosophy of a sufficiency economy include moderation, prudence, and self-immunity together with knowledge and morality. These components were proposed to safeguard local communities from adverse changes and crises. Climatic crises due to global warming can impact upon local agricultural production and consumption systems. Yet, it is still questionable whether communities following the sufficiency economy philosophy can cope with climate change. The objective of this research was to study the coping and adaptive capacity to climate change of local agricultural communities following the sufficiency economy philosophy and to analyze the success factors of adaptation to climate change. The research found five adaptive strategies leading to a resilient livelihood: (1 self-evaluation, (2 diversity dependency, (3 storage and reserve, (4 cooperation, and (5 mobility over space and time. These strategies help to reduce exposure and sensitivity, while increasing adaptive capacity to climate change with the aims of sustainability and adaptation for survival, and protecting natural resource bases for food and settlement security. Moderation, prudence, and self-immunity are critical success factors of adaptation measures, whereas local ecological knowledge with morality is a core enabling factor for adapting to climate change. These factors can be applied in community-based climate change adaptation in the National Adaptation Plan.

  13. Changes in Global Economy Influencing the Maritime Industry

    Directory of Open Access Journals (Sweden)

    Grama Izabella Gilda

    2013-08-01

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

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

    Directory of Open Access Journals (Sweden)

    Manjula Jain

    2018-01-01

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

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

    OpenAIRE

    Crennan, Susan

    2010-01-01

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

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

    Science.gov (United States)

    Munger, Frank, Ed.

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

  17. Emerging Economies Research Dialogue | IDRC - International ...

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

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

  18. 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

  19. FDI from Emerging Economies in EU27

    DEFF Research Database (Denmark)

    Jindra, Björn

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

  20. Northern Togo and the world economy

    NARCIS (Netherlands)

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

    1992-01-01

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

  1. A viable real estate economy with disruption and blockchain

    NARCIS (Netherlands)

    Veuger, Jan

    2017-01-01

    Two titles in one cover. On page 56-112 there's the English version of the book: 'A viable real estate economy with disruption and blockchain. Does real estate still have the value that it had, or is the valuation of real estate going to change due to surprising products and services, innovative

  2. ROMANIA AND THE KNOWLEDGE-BASED ECONOMY: INNOVATION THE SOURCE OF ECONOMIC GROWTH

    OpenAIRE

    Holban (Oncioiu) Ionica; Oncioiu Florin Razvan

    2008-01-01

    The is already a vast literature on the role of knowledge in economic growth butthere is need to clarify the meaning and scope of this term and define the Romanianperspective on the relationship between knowledge-based economy and growth. This paper focuses on innovation systems in Romania as the key challenge and meanfor embracing growth based on knowledge-based economy.

  3. Analyzing the Knowledge Economy Performances of the Turkish Republics

    Directory of Open Access Journals (Sweden)

    Selim ŞANLISOY

    2015-07-01

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

  4. Construction Cost Management in Resource Based Economy

    OpenAIRE

    Elazzazy, Muhammad

    2017-01-01

    Resource Based Economy tested according to criteria formulated from the construction cost management best practices. A cost management plan modeled to demonstrate the possibility of construction management under a new socio-economic system, which counts the consumed natural resources by construction as the dry cost to the environment.

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

    Directory of Open Access Journals (Sweden)

    Adam Fforde

    2014-01-01

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

  6. IN SEARCH OF THE GLOBAL ECONOMIC SUPREMACY: CHINA VERSUS USA

    Directory of Open Access Journals (Sweden)

    SORIN-GEORGE TOMA

    2017-11-01

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

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

    Science.gov (United States)

    2012-04-11

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

  8. Comparison of district heating expansion potential based on consumer-economy or socio-economy

    DEFF Research Database (Denmark)

    Grundahl, Lars; Nielsen, Steffen; Lund, Henrik

    2016-01-01

    Recent studies show that a high share of district heating is an important part of a future sustainable energy system or smart energy system with a high renewable energy penetration. These studies also show socio-economic benefits of expanding the district heating coverage. However, in order...... to implement such an expansion, district heating needs to be economically feasible for the heat consumers. This aspect is often not investigated and hence it is unknown if calculations based on consumer-economy, where tax payment is included, will yield the same potential of expansion. This study identifies...... the differences in the expansion potential of district heating calculated with a socio-economic and a consumer-economic approach, respectively, in a case study of Denmark. By also investigating the consumer-economy of expanding district heating, a deeper insight is obtained of possible locations for expanding...

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

    OpenAIRE

    Phillips, Nicola Jane; Alford, Matthew

    2017-01-01

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

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

    OpenAIRE

    Michael Sturm; Jan Strasky; Petra Adolf; Dominik Peschel

    2008-01-01

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

  11. NAFTA: The Mexican Economy, and Undocumented Migration

    Science.gov (United States)

    2011-10-28

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

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

    OpenAIRE

    Wilson, Jonathan

    2015-01-01

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

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

    Science.gov (United States)

    Chen, Yun-Shiuan

    2016-01-01

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

  14. Managing Service Quality within the Knowledge-Based Economy: Opportunities and Challenges

    OpenAIRE

    Ion Plumb; Andreea Zamfir

    2009-01-01

    The knowledge-based economy, along with the impact of information society technologies, presents the service organizations and their customers with many potential opportunities as well as challenges. Therefore, this study explores how the knowledge-based economy could influence the quality management of service organizations. The study reveals that the actors within the service sector have vast new opportunities in terms of communication and value co-creation, but in the same time, the requir...

  15. Title IX Resource Guide

    Science.gov (United States)

    Office for Civil Rights, US Department of Education, 2015

    2015-01-01

    Title IX of the Education Amendments of 1972 (Title IX) prohibits discrimination based on sex in education programs and activities in federally funded schools at all levels. If any part of a school district or college receives any Federal funds for any purpose, all of the operations of the district or college are covered by Title IX. The essence…

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

    Science.gov (United States)

    Maslin, M. A.; Georgeson, L.

    2015-12-01

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

  17. The New and the Future Look of the Economy

    Directory of Open Access Journals (Sweden)

    Liliana CRĂCIUN

    2012-01-01

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

  18. Macroeconomic perspectives on the Danish economy

    DEFF Research Database (Denmark)

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

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

  19. Financial Shortages Patterns - an Overview on Emerging Economies

    Directory of Open Access Journals (Sweden)

    Ioana-Veronica ALEXA

    2010-12-01

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

  20. The economy of knowledge, collapse and depression

    Directory of Open Access Journals (Sweden)

    Ugo Pagano

    2017-05-01

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

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

    Science.gov (United States)

    Claeson, Björn Skorpen

    2015-02-01

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

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

    Directory of Open Access Journals (Sweden)

    Mihai COSTEA

    2016-09-01

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

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

    Science.gov (United States)

    Anghileri, Daniela; Castelletti, Andrea; Burlando, Paolo

    2016-04-01

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

  4. Globalisation, Knowledge and the Myth of the Magnet Economy

    Science.gov (United States)

    Brown, Phillip; Lauder, Hugh

    2006-01-01

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

  5. Develop Improved Materials to Support the Hydrogen Economy

    Energy Technology Data Exchange (ETDEWEB)

    Dr. Michael C. Martin

    2012-07-18

    The Edison Materials Technology Center (EMTEC) solicited and funded hydrogen infrastructure related projects that have a near term potential for commercialization. The subject technology of each project is related to the US Department of Energy hydrogen economy goals as outlined in the multi-year plan titled, 'Hydrogen, Fuel Cells and Infrastructure Technologies Program Multi-Year Research, Development and Demonstration Plan.' Preference was given to cross cutting materials development projects that might lead to the establishment of manufacturing capability and job creation. The Edison Materials Technology Center (EMTEC) used the US Department of Energy hydrogen economy goals to find and fund projects with near term commercialization potential. An RFP process aligned with this plan required performance based objectives with go/no-go technology based milestones. Protocols established for this program consisted of a RFP solicitation process, white papers and proposals with peer technology and commercialization review (including DoE), EMTEC project negotiation and definition and DoE cost share approval. Our RFP approach specified proposals/projects for hydrogen production, hydrogen storage or hydrogen infrastructure processing which may include sensor, separator, compression, maintenance, or delivery technologies. EMTEC was especially alert for projects in the appropriate subject area that have cross cutting materials technology with near term manufacturing and commercialization opportunities.

  6. Modelling the world economy at the 2050 horizon

    OpenAIRE

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

    2013-01-01

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

  7. Globalization, Growth and Poverty

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

    One-pagers are a publication of IDRC's “Globalization, Growth and Poverty” Program Initiative, and are based on ... countries, mainly the fast-growing economies of East Asia. ... had no significant overall impact on investment and growth. Other.

  8. Marketing and its position in modern economy

    OpenAIRE

    Krupička, Roman

    2009-01-01

    English Title & Summary Marketing And Its Role In Current Economy In initial part of this diploma work, its author tries to define marketing in its actual meaning, to desribe marketing trends from the historical and contemporary view and to analyze marketing activities in relation to marketing mix. He emphasises the boundary of these activities to their economical consequences, revealing these consequences and their analysis on theree levels - single bussines, regionaly and in scale of intern...

  9. Getting to one from title 10 + title 32 unity of effort in the homeland

    OpenAIRE

    Prosch, Caroline Ross.

    2011-01-01

    CHDS State/Local Approved for public release; distribution is unlimited This thesis bridges the knowledge gap between Title 10 Active Duty and Title 32 National Guard in order to breakdown cultural barriers and reach unity of effort for response operations in the homeland. Regrettably, a unified response was missing among Title 10 Active Duty and Title 32 National Guard members following Hurricane Katrina. Since then, initiatives based in doctrine, statutes and formal recommendations...

  10. Are there limits to growth? The need for a transition to a solar-based economy

    International Nuclear Information System (INIS)

    Lovejoy, D.

    1996-01-01

    The idea of limits to growth has, understandably, achieved notoriety since the days of Malthus and, more recently, the Club of Rome. However, there must be some limits to the ability of the earth to sustain a growing population. Fortunately, population models suggest that the world's population will probably level out at about two to three times the present numbers over the next hundred years. The question is whether the earth's resources are sufficient to sustain that population at a high standard of living for all. In this the key issue is energy. It is clear that present trends in energy consumption, especially oil, cannot be sustained much longer. Regardless of this, however, prudence demands a drastic reduction in fossil fuel consumption, in view of the possibility of global warming. It can be shown that, combined with greatly improved energy efficiency, a transition to a solar (renewable) energy based economy, capable of sustaining the anticipated growth in the world economy, is possible, but the constraints are extremely tight. (author). 10 refs

  11. How energy technology innovation affects transition of coal resource-based economy in China

    International Nuclear Information System (INIS)

    Guo, Pibin; Wang, Ting; Li, Dan; Zhou, Xijun

    2016-01-01

    The aim of this research paper is to investigate factors and mechanisms that may facilitate the transition from coal resource-based economy to sustainability. Based on the energy technology innovation theory, factors that may influence the transition of coal resource-based economy were categorized into four types, including: innovation policy, innovation input, innovation ability, and innovation organization. Hypotheses were proposed regarding the mechanisms of these factors. Data were collected from surveys administered to 314 Chinese energy firms, and a structural equation model (SEM) was employed to test the hypotheses. Ten of fifteen hypotheses were retained based on the reliability tests, validity tests, and SEM. The results show that the four proposed factors are crucial in transforming the coal resource-based economy, and the effects become statistically significant through three intermediate variables, namely, transition of energy consumption structure, correction of resource wealth investment, and improvement of transition environment. - Highlights: •Approximately, 66% of energy relies on coal in China. •Serious environment problems have occurred in many coal-based regions. •Energy technology innovation can promote the transition of coal-based economy. •China should accelerate the development of clean energy.

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

    Science.gov (United States)

    Chybowska, Dorota; Chybowski, Leszek; Souchkov, Valeri

    2018-06-01

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

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

    International Nuclear Information System (INIS)

    Tokio Kanoh

    2005-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Rolando B. Tolentino

    2010-12-01

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

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

    Directory of Open Access Journals (Sweden)

    Sergey Yurievich Glazyev

    2011-06-01

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

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

    Directory of Open Access Journals (Sweden)

    Ann Light

    2015-05-01

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

  17. Globalization and democracy

    Directory of Open Access Journals (Sweden)

    DEEPAK NAYYAR

    2015-09-01

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

  18. Building a knowledge based economy in Russia using guided entrepreneurship

    Science.gov (United States)

    Reznik, Boris N.; Daniels, Marc; Ichim, Thomas E.; Reznik, David L.

    2005-06-01

    Despite advanced scientific and technological (S&T) expertise, the Russian economy is presently based upon manufacturing and raw material exports. Currently, governmental incentives are attempting to leverage the existing scientific infrastructure through the concept of building a Knowledge Based Economy. However, socio-economic changes do not occur solely by decree, but by alteration of approach to the market. Here we describe the "Guided Entrepreneurship" plan, a series of steps needed for generation of an army of entrepreneurs, which initiate a chain reaction of S&T-driven growth. The situation in Russia is placed in the framework of other areas where Guided Entrepreneurship has been successful.

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

    African Journals Online (AJOL)

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

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

    NARCIS (Netherlands)

    Bree, Antonius Petrus de

    2001-01-01

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

  1. THE WORLD ECONOMY IN 2017 AND THE PROSPECTS FOR 2018

    Directory of Open Access Journals (Sweden)

    Andrei Rădulescu

    2018-01-01

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

  2. Nature-based solutions for urban landscapes under post-industrialization and globalization: Barcelona versus Shanghai.

    Science.gov (United States)

    Fan, Peilei; Ouyang, Zutao; Basnou, Corina; Pino, Joan; Park, Hogeun; Chen, Jiquan

    2017-07-01

    Using Barcelona and Shanghai as case studies, we examined the nature-based solutions (NBS) in urban settings-specifically within cities experiencing post-industrialization and globalization. Our specific research questions are: (1) What are the spatiotemporal changes in urban built-up land and green space in Barcelona and Shanghai? (2) What are the relationships between economic development, exemplified by post-industrialization, globalization, and urban green space? Urban land use and green space change were evaluated using data derived from a variety of sources, including satellite images, landscape matrix indicators, and a land conversion matrix. The relationships between economic development, globalization, and environmental quality were analyzed through partial least squares structural equation modeling based on secondary statistical data. Both Barcelona and Shanghai have undergone rapid urbanization, with urban expansion in Barcelona beginning in the 1960s-1970s and in Shanghai in the last decade. While Barcelona's urban green space and green space per capita began declining between the 1950s and 1990s, they increased slightly over the past two decades. Shanghai, however, has consistently and significantly improved urban green space and green space per capita over the past six decades, especially since the economic reform in 1978. Economic development has a direct and significant influence on urban green space for both cities and post-industrialization had served as the main driving force for urban landscape change in Barcelona and Shanghai. Based on secondary statistical and qualitative data from on-site observations and interviews with local experts, we highlighted the institution's role in NBS planning. Furthermore, aspiration to become a global or globalizing city motivated both cities to use NBS planning as a place-making tool to attract global investment, which is reflected in various governing policies and regulations. The cities' effort to achieve a

  3. The Collaborative Economy

    DEFF Research Database (Denmark)

    Avital, Michel; Andersson, Magnus; Nickerson, Jeffrey

    2014-01-01

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

  4. INFORMATION AND KNOWLEDGE IN A GLOBAL CONTEXT

    Directory of Open Access Journals (Sweden)

    Florina BRAN

    2015-12-01

    Full Text Available Information and knowledge are two important entities, which make up present stage of globalization, based mostly on their dynamics. This paper is providing an overview of information and knowledge in global context, highlighting the importance of information society that turned into knowledge society in the beginning of the 21 century, being driven by Internet – the latter, as part of globalization process. Modern economic theories recognise the importance of information in economic process because its impact on globalization process in economy was essential, and change the way how markets and companies work and represent the key factor of new era of economic development. This paper presents main results from available literature about the relationship between information, knowledge and economic theory in a global conterxt and finally explained the benefits of the knowledge economy to all countries.

  5. A Hybrid Neural Network Model for Sales Forecasting Based on ARIMA and Search Popularity of Article Titles.

    Science.gov (United States)

    Omar, Hani; Hoang, Van Hai; Liu, Duen-Ren

    2016-01-01

    Enhancing sales and operations planning through forecasting analysis and business intelligence is demanded in many industries and enterprises. Publishing industries usually pick attractive titles and headlines for their stories to increase sales, since popular article titles and headlines can attract readers to buy magazines. In this paper, information retrieval techniques are adopted to extract words from article titles. The popularity measures of article titles are then analyzed by using the search indexes obtained from Google search engine. Backpropagation Neural Networks (BPNNs) have successfully been used to develop prediction models for sales forecasting. In this study, we propose a novel hybrid neural network model for sales forecasting based on the prediction result of time series forecasting and the popularity of article titles. The proposed model uses the historical sales data, popularity of article titles, and the prediction result of a time series, Autoregressive Integrated Moving Average (ARIMA) forecasting method to learn a BPNN-based forecasting model. Our proposed forecasting model is experimentally evaluated by comparing with conventional sales prediction techniques. The experimental result shows that our proposed forecasting method outperforms conventional techniques which do not consider the popularity of title words.

  6. A Hybrid Neural Network Model for Sales Forecasting Based on ARIMA and Search Popularity of Article Titles

    Science.gov (United States)

    Omar, Hani; Hoang, Van Hai; Liu, Duen-Ren

    2016-01-01

    Enhancing sales and operations planning through forecasting analysis and business intelligence is demanded in many industries and enterprises. Publishing industries usually pick attractive titles and headlines for their stories to increase sales, since popular article titles and headlines can attract readers to buy magazines. In this paper, information retrieval techniques are adopted to extract words from article titles. The popularity measures of article titles are then analyzed by using the search indexes obtained from Google search engine. Backpropagation Neural Networks (BPNNs) have successfully been used to develop prediction models for sales forecasting. In this study, we propose a novel hybrid neural network model for sales forecasting based on the prediction result of time series forecasting and the popularity of article titles. The proposed model uses the historical sales data, popularity of article titles, and the prediction result of a time series, Autoregressive Integrated Moving Average (ARIMA) forecasting method to learn a BPNN-based forecasting model. Our proposed forecasting model is experimentally evaluated by comparing with conventional sales prediction techniques. The experimental result shows that our proposed forecasting method outperforms conventional techniques which do not consider the popularity of title words. PMID:27313605

  7. Tracking and Tracing Cyber-Attacks: Technical Challenges and Global Policy Issues

    National Research Council Canada - National Science Library

    Lipson, Howard

    2002-01-01

    .... The anonymity enjoyed by today's cyber-attackers poses a grave threat to the global information society, the progress of an information-based international economy, and the advancement of global...

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

    Directory of Open Access Journals (Sweden)

    Alain Thierstein

    2008-07-01

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

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

    Science.gov (United States)

    Hokamp, Sascha; Khabbazan, Mohammad Mohammadi

    2017-04-01

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

  10. MARKETING IMPLICATION IN WINE ECONOMY

    Directory of Open Access Journals (Sweden)

    Ştefan MATEI

    2014-11-01

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

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

    Directory of Open Access Journals (Sweden)

    Vojko Potočan

    2016-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Oscar Eduardo Cabrera Venot

    2017-05-01

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

  13. 40 CFR 600.206-08 - Calculation and use of FTP-based and HFET-based fuel economy values for vehicle configurations.

    Science.gov (United States)

    2010-07-01

    ... EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1977 and Later Model Year Automobiles-Procedures... economy value exists for an electric vehicle configuration, all values for that vehicle configuration are... HFET-based fuel economy values for vehicle configurations. 600.206-08 Section 600.206-08 Protection of...

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

    Science.gov (United States)

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

    2014-12-01

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

  15. Postponing aging and prolonging life expectancy with the knowledge-based economy.

    Science.gov (United States)

    Kristjuhan, Ulo

    2012-04-01

    People are interested in the aging phenomenon and hope that scientists are doing as much as they can to solve the mysteries of aging. However, this is not the case. A lot of knowledge is produced for local interests in curing specific disorders; aging is studied much less. Today's economy is undergoing a transition to a knowledge-based economy. Knowledge of aging should be integrated into the economies of contemporary societies. Aging research and intervention can ensure better health, primarily among middle-aged and older people, and prolong life. There are many reasons why postponing aging and rejuvenation research is not as widespread as it should be. Developed countries should create economic stimuli for such studies and intervention.

  16. A Effect on Environment and Countermeasures in accordance with a Shift to a Knowledge-Based Economy

    Energy Technology Data Exchange (ETDEWEB)

    Jang, Ki Bok; Moon, Hyun Ju; Jeong, Hyun Keun; Kim, Tae Yol [Korea Environment Institute, Seoul (Korea)

    2000-12-01

    The importance of knowledge has been being more stressed now than any other time. How efficiently and effectively knowledge is created, spread, and applied is an important point to secure the competitiveness of an individual economic unit as well as to grow nation's economy. For that reason, the Government has been promoting various policies to accelerate a shift to a knowledge-based economy, establishing 'a Strategy for Knowledge-Based Economic Development', pan-governments level. Companies also have been positively accepting 'a Knowledge-Based Management' as a new strategy of managing companies. Accordingly, only knowledge-based industries, including a high technology manufacturing industry and an information/communication industry, are not sharply grow, but a knowledge-based activity in individual economic activities, such as R and D, has been expanding its share. As such a shift to a knowledge-based economy, it is expected that there are lots of effects in many-sided fields, society, culture, and politics, as well as economy. Based on due consideration to such various effects, the strategy for knowledge-based economic development and the policies on the related fields have to be promoted with a balance. An environmental field also cannot be exceptional. However, there has not yet been a concrete examination on which significance a shift to a knowledge-based economy environmentally has. The purpose of this study is to examine the effects on environment according to a shift to a knowledge-based economy and to find a countermeasure under the awareness of such problems. Anyhow, I hope that the results and the countermeasures from this study can contribute to achieving a shift to an environment-centered and knowledge-based economy. 82 refs., 30 figs., 10 tabs.

  17. 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...

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

    Science.gov (United States)

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

    2017-10-01

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

  19. An oil-sick global economy?

    International Nuclear Information System (INIS)

    Anon.

    2004-01-01

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

  20. Economy or chrematistics: Serbian case

    Directory of Open Access Journals (Sweden)

    Anđelković Petar M.

    2015-01-01

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

  1. Network analysis of Chinese provincial economies

    Science.gov (United States)

    Sun, Xiaoqi; An, Haizhong; Liu, Xiaojia

    2018-02-01

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

  2. Weberian versus Pluralistic Legal Forces in the Global Political Economy

    Directory of Open Access Journals (Sweden)

    Volkmar Gessner

    2013-10-01

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

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

    Science.gov (United States)

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

    2017-08-17

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

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

    Directory of Open Access Journals (Sweden)

    Jinkyu Kim

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

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

    Science.gov (United States)

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

    2013-01-01

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

  6. CO2 emissions in the global supply chains of services: An analysis based on a multi-regional input–output model

    International Nuclear Information System (INIS)

    Zhang, Wencheng; Peng, Shuijun; Sun, Chuanwang

    2015-01-01

    As the service sector dominates the economy in developed countries, its environmental impact has become an important issue. Based on a multi-regional input–output model, this paper estimates consumption-based emissions of service sectors of 41 countries and regions, and discusses the emission abatement policy of service sectors. The results indicate that consumption-based emissions of the service sector in most countries and regions are much greater than direct emissions generated by the service sector. Further decomposition by production sources demonstrates that final demand for services in certain countries causes substantial emissions in the other countries. In most countries, major parts of consumption-based emissions of the service sector come from upstream emissions in non-service sectors due to the intermediate consumption of non-service inputs in the service sector. For the US and China, the consumption-based emissions of their service sectors are traced back to different service consumption bundles and production sectors, which enable us to identify service categories and production sectors that play key roles in the impact of service sectors on CO 2 emissions. Finally, policy implications of the results are discussed for the climate effect of the service-oriented economy, global mitigation of climate change, sustainability, and the decarbonization of the service sector. - Highlights: • A consumption perspective for the assessment of the environmental impact of the service sector. • International supply chain effect is analyzed using a global input–output model. • Consumption-based emissions of the service sector are decomposed in two ways. • Policy implications for emissions mitigation in the service-oriented economy.

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

    Energy Technology Data Exchange (ETDEWEB)

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

    2012-02-15

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

  8. The Political Economy of Land and Natural Ressource Investments in Africa

    DEFF Research Database (Denmark)

    Buur, Lars; Nystrand, Malin; Pedersen, Rasmus Hundsbæk

    Large-scale investments in natural resources (extractives as well as agriculture) can help transform African economies by accelerating economic growth, creating jobs and strengthening the links between local economies and the global economy more broadly. However, they often end up violating rights......, which in turn may lead to social protests and political instability. This Working Paper develops an analytical framework for analysing the implementation of large-scale investments in natural resources. It focuses on the triangular relations between investors, local populations and ruling elites...... to understand why some investments are implemented more successfully than others, it is necessary to grasp the politics behind an investment. The paper also explores the conditions under which investments can be implemented without violating the rights of local populations. The paper is based on a review...

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

    Science.gov (United States)

    Hancock, Sally; Hughes, Gwyneth; Walsh, Elaine

    2017-01-01

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

  10. Substitutability of Electricity and Renewable Materials for Fossil Fuels in a Post-Carbon Economy

    Directory of Open Access Journals (Sweden)

    Antonio García-Olivares

    2015-11-01

    Full Text Available A feasible way to avoid the risk of energy decline and combat climate change is to build a 100% renewable global energy mix. However, a globally electrified economy cannot grow much above 12 electric terawatts without putting pressure on the limits of finite mineral reserves. Here we analyze whether 12 TW of electricity and 1 TW of biomass (final power will be able to fuel a future post-carbon economy that can provide similar services to those of a contemporary economy. Contrarily to some pessimistic expectations, this analysis shows that the principle economic processes can be replaced with sustainable alternatives based on electricity, charcoal, biogas and hydrogen. Furthermore, those services that cannot be replaced are not as crucial so as to cause a return to a pre-industrial society. Even so, land transport and aviation are at the limit of what is sustainable, outdoor work should be reorganized, metal primary production should be based on hydrogen reduction when possible, mineral production should be increasingly based on recycling, the petrochemical industry should shrink to a size of 40%–43% of the 2012 petrochemical sector, i.e., a size similar to that the sector had in 1985–1986, and agriculture may require organic farming methods to be sustainable.

  11. Ecological Modernization and the Global Economy

    NARCIS (Netherlands)

    Mol, A.P.J.

    2002-01-01

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

  12. 24 CFR 202.12 - Title II.

    Science.gov (United States)

    2010-04-01

    ... INSTITUTIONS AND MORTGAGEES Title I and Title II Specific Requirements § 202.12 Title II. (a) Tiered pricing—(1... rate up to two percentage points under the mortgagee's customary lending practices must be based on... after accounting for the value of servicing rights generated by making the loan and other income to the...

  13. Globalization and Self-Organization in the Knowledge-Based Society

    Directory of Open Access Journals (Sweden)

    Christian Fuchs

    2008-07-01

    Full Text Available In this paper I suggest that a theory of self-organization can be used as a consistent background theory for explaining the dynamics and logics of globalization. Globalization is not confined to the human realm, it is an attribute of all complex, self-organizing systems. Globalization in a synchronous sense means a micro-macro-link where bottom-up-emergence of new qualities in the self-reproduction of complex systems takes place, it is accompanied by a macro-micro-link of top-down-localization. A dynamic interaction between a global and a local level (glocalization results in the permanent overall self-reproduction of the system. Globalization in a diachronic sense means the emergence of a new, higher level of self-organization during a phase of instability and heavy fluctuations by order through fluctuation. Globalization is shaped by a dialectic of change and continuity: in the hierarchy that stems from emergent evolution there are both general aspects of globalization and aspects that are specific for each organizational level. Applying this general notion of globalization to society means that human globalization is both a general process that can be found in all societies and a specific process with emergent qualities in concrete phases of societal development. Globalization processes in modern society are based on structural antagonisms that result in uneven developments in the technosphere, the ecosphere, the economy, polity, and culture. The transition to Postfordist, informational capitalism has been a consequence of the development of the structural antagonisms of Fordism and has been accompanied by a new phase of globalization that has transformed the subsystems of society and has resulted in new antagonism that are an expression of general antagonisms that shape modern societies. Hence we find antagonistic tendencies of contemporary globalization in all subsystems of society that result in both risks and opportunities. Human beings

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

    Directory of Open Access Journals (Sweden)

    Bala Subrahmanya Mungila Hillemane

    2013-09-01

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

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

    Directory of Open Access Journals (Sweden)

    Nargiza Bakytovna Alymkulova

    2016-12-01

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

  16. Emerging new services for the gas and electricity economy

    International Nuclear Information System (INIS)

    Matas, Ch.

    2002-01-01

    This article reports on a postgraduate study at the Swiss Institute of Technology (EPFL) in Lausanne, Switzerland, addressing the prospects for new energy technologies and their development, according to bankers, industry managers and international organisations. The study merges macro-economic, financial and technological views and focusses especially on electricity and natural gas including cogeneration and decentralised, small and middle-size energy production units. The world energy market is changing pace, moving from various monopolies to a dynamic system, with growing decentralisation and networking. The study reveals that constraints are changing due to the economy globalization as well as to the growing internet-based economy, and that new prospects for the development of promising energy technologies are emerging. The demand for more specific energy products like for example uninterruptible power supplies will stimulate new sectors in the energy economy. Growing environmental concern will also be an important factor for the energy market remodelling. For the gas and electricity markets, a considerable rise in sales is expected

  17. Sustaining “Lilliputs” in the Global Knowledge-Based Economy: Prospects for Micro, Small, and Medium-Scale Enterprises in the Developing World

    OpenAIRE

    Maria Divina Gracia Z. Roldan

    2015-01-01

    Micro, small, and medium-scale enterprises (MSMEs) comprise bulk of business entities in the developing world. Their contribution is seen in terms of employment generation and capital formation. Seen as the engine of growth in present knowledge-based economies, MSMEs play a crucial role in the economic sustainability of Asian developing countries. This paper discusses the role of MSMEs in Asia, with the Philippines as a case in point. It examines issues and challenges these enterprises face, ...

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

    International Nuclear Information System (INIS)

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

    2014-01-01

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

  19. Growing a market economy

    Energy Technology Data Exchange (ETDEWEB)

    Basu, N.; Pryor, R.J.

    1997-09-01

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

  20. Competitiveness in tourism economies of the APEC

    Directory of Open Access Journals (Sweden)

    Reyna María Ibáñez Pérez

    2015-08-01

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

  1. The Ignorance of the Knowledge-Based Economy. The Iconoclast.

    Science.gov (United States)

    McMurtry, John

    1996-01-01

    Castigates the supposed "knowledge-based economy" as simply a public relations smokescreen covering up the free market exploitation of people and resources serving corporate interests. Discusses the many ways that private industry, often with government collusion, has controlled or denied dissemination of information to serve its own interests.…

  2. 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.

  3. ECONOMIC AND SOCIAL IMPLICATIONS OF GLOBALIZATION

    Directory of Open Access Journals (Sweden)

    Oana CHINDRIS-VASIOIU

    2013-12-01

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

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

    International Nuclear Information System (INIS)

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

    2008-01-01

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

  5. Establishing a framework for studying the emerging cislunar economy

    Science.gov (United States)

    Entrena Utrilla, Carlos Manuel

    2017-12-01

    Recent developments from the New Space industry have seen the appearance of a number of new companies interested in the creation of a self-sustained economy in cislunar space. Industries such as asteroid mining, Moon mining, and on-orbit manufacturing require the existence of a developed economy in space for the business cases to close in the long term, without the need to have the government as a permanent anchor customer. However, most studies and business plans do not consider the global picture of the cislunar economy, and only work with Earth-based activities when evaluating possible customers and competition. This work aims to set the framework for the study of the cislunar economy as a whole by identifying the market verticals that will form the basis of the economic activities in cislunar space, focusing on activities that create value in space for space. The prospective cislunar market verticals are identified based on a comprehensive review of current space activities and of proposed future business cases. This framework can be expanded in the future with evaluations of market sizes and relationships between verticals to inform business plans and investment decisions. The study was performed during the first two months in the summer of 2016 as part of the author's internship at NASA's Space Portal Office to complete the International Space University Master of Space Studies.

  6. THE ROLE AND PLACE TRANSNATIONAL CORPORATIONS IN GLOBALIZATION

    Directory of Open Access Journals (Sweden)

    Lytvynenko Kristina

    2018-01-01

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

  7. Influence of peculiarities of transition economy on real estate market

    OpenAIRE

    Venclauskienė, Deimantė; Snieška, Vytautas

    2010-01-01

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

  8. Ex-Post Analysis of Land Title Registration in Ghana Since 2008 Merger

    Directory of Open Access Journals (Sweden)

    Richmond J. Ehwi

    2016-04-01

    Full Text Available Land ownership and security of title have continued to dominate land management discourses in many developing economies, leading to a proliferation of studies that explore, among other things, the nexus between land title registration and land security, women’s access to land, innovation in agriculture, access to finance, and economic development. For many years, Ghana experienced minimal success in formalizing land ownership and title registration. However, public confidence and expectations were raised once more in 2008 with the merger of four disparate land agencies into the New Lands Commission (NLC under the overarching ambit of the Land Administration Project (LAP. This article contributes to existing studies by evaluating the impact of the 2008 merger. This is accomplished by matching the project’s stated objectives with actual outcomes and situating the findings in the broader theoretical debate about land title registration and economic development. Using data gathered through interviews with officials of the Greater Accra Lands Commission and with prospective land title holders, the study concludes that there have not been any great gains in achieving the complete digitization of the title registration process and follow-up procedures. However, there has been a reduction in the turn-around time for processing land documents, from more than 36 months to about 3 months, as well as increased public awareness about the process of title registration. The study recommends further training of staff members of the NLC in handling the digitization process, institutionalization of anti-corruption and anti-bribery practices, and the introduction of a well-functioning customer feedback system.

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

    Directory of Open Access Journals (Sweden)

    Gheorghe MANOLESCU

    2010-06-01

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

  10. China's Economy and the Beijing Olympics

    National Research Council Canada - National Science Library

    Martin, Michael F

    2008-01-01

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

  11. Collection-based analysis of selected medical libraries in the Philippines using Doody’s Core Titles

    Directory of Open Access Journals (Sweden)

    Efren Torres Jr., MLIS

    2017-01-01

    Conclusion: De La Salle Health Sciences Institute and University of Santo Tomas had sound medical collections based on Doody’s Core Titles. Collectively, the medical libraries shared common collection development priorities, as evidenced by similarities in strong areas. Library budget and the role of the library director in book selection were among the factors that could contributed to a high percentage of match titles.

  12. English in Economy World: an Overview of English Learning

    OpenAIRE

    Setyaningsih, Ani; Kurniasih, Siwi Karmadi

    2007-01-01

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

  13. Agglomeration Economies in Classical Music

    DEFF Research Database (Denmark)

    Borowiecki, Karol Jan

    2015-01-01

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

  14. GREEN ECONOMY AND CLIMATE CHANGE PREVENTION CYCLE

    Directory of Open Access Journals (Sweden)

    Andreea CONSTANTINESCU

    2014-12-01

    Full Text Available While experts in economics place transition to green economy on two directions - reducing ecological footprint and increasing human welfare - climate change specialists warn that effects of global warming will have a much greater impact in the future. It is natural to join scientific contributions in these two areas because both perspectives recognize the ravages made by industrialization, which triggered a serie of abrupt climate changes. For example, the average temperature in Europe has increased about 1oC. Based on these evidences, this article will show the usefulness of introducing a concept of full cycle to prevent climate change in the new paradigm that seeks to solve problems related to the fundamentals of sustainable development through transition to green economy. Using this method, this approach intends to be a new theoretical contribution which can act as support to efficiency of new clean technologies.

  15. More chemistry between green and growth. The opportunities and dilemmas of a bio-based economy

    International Nuclear Information System (INIS)

    2010-12-01

    A bio-based economy is one in which enterprises manufacture non-food products from biomass. Such products include fuel for the transport industry, chemicals, materials, and energy. Biomass is the biological material of living or recently living organisms, either animal or vegetable. With technology becoming more sophisticated, it is growing easier to turn plants, trees, crops, and residual animal waste into biomass. Waste and waste streams are increasingly being used as input in production processes, thereby gaining an economic value of their own. They are giving rise to new, sustainable products with considerable added value that replace products based on non-renewable materials. New bio-based products may offer the Netherlands new economic opportunities. The Dutch can already boast a number of distinct advantages in that respect, thanks to the sophistication of their industrial sector, agro-industry, chemicals and energy industries, and transport and logistics sector - all key sectors in a bio-based economy. However, the growing world population and increasing level of prosperity worldwide, and the environmental and climate problems associated with such growth, are adding to the complexity of policy-making aimed at developing a bio-based economy. The shift from fossil-based to bio-based materials must be part of a comprehensive policy aimed at achieving a sustainable economy. [nl

  16. European Integration and Globalization

    Directory of Open Access Journals (Sweden)

    Diana Bobica

    2010-06-01

    Full Text Available According to many, the term globalization is able to explain any phenomenon whatsoever, be it positive or negative, that takes place within the global social system. It seems like a sort of magical formula, which is to be found in the speeches of all sorts of people, be they economists, politicians, businessmen or sociologists. However this magical formula of globalization has its limitations, since it encompasses a certain amount of quibbling, beyond which not many can pass. In the context of globalization there appears the question on its role in the process of European integration. Is European integration a part of this global process or, quite on the contrary, does it present certain distinctive features, as it moulds itself differently from the globalization phenomenon? A clear-cut answer seems difficult because of the various aspects involved. Not only the general phenomenon of globalization, but also the economic integration on European level is based on the liberalization of markets and on the opening of national economies towards the exterior,having as direct consequence the intensification of trade exchanges. If from a global point of view one may talk of a market fundamentalism in that the market principles know no boundary, European integration on the other hand implies not only market economy, but also a guided and monitored action of Member Statesaccording to the needs of the whole entity, also taking into consideration - as far as possible – all aspects and consequences on social level.

  17. Globalization Crises, Trade,and Development in Vietnam

    DEFF Research Database (Denmark)

    Abbott, Philip; Tarp, Finn

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

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

    Directory of Open Access Journals (Sweden)

    Camelia Madalina Orac

    2013-12-01

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

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

    OpenAIRE

    World Bank

    2012-01-01

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

  20. More chemistry between green and growth. The opportunities and dilemmas of a bio-based economy; Meer chemie tussen groen en groei. De kansen en dilemma's van een biobased economy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-12-15

    A bio-based economy is one in which enterprises manufacture non-food products from biomass. Such products include fuel for the transport industry, chemicals, materials, and energy. Biomass is the biological material of living or recently living organisms, either animal or vegetable. With technology becoming more sophisticated, it is growing easier to turn plants, trees, crops, and residual animal waste into biomass. Waste and waste streams are increasingly being used as input in production processes, thereby gaining an economic value of their own. They are giving rise to new, sustainable products with considerable added value that replace products based on non-renewable materials. New bio-based products may offer the Netherlands new economic opportunities. The Dutch can already boast a number of distinct advantages in that respect, thanks to the sophistication of their industrial sector, agro-industry, chemicals and energy industries, and transport and logistics sector - all key sectors in a bio-based economy. However, the growing world population and increasing level of prosperity worldwide, and the environmental and climate problems associated with such growth, are adding to the complexity of policy-making aimed at developing a bio-based economy. The shift from fossil-based to bio-based materials must be part of a comprehensive policy aimed at achieving a sustainable economy. [Dutch] In dit advies gaat de SER in op mogelijkheden en knelpunten van de biobased economy. In een biobased economy dienen plantaardige en dierlijke biomassa (zoals gewassen, planten, snijafval, mest) als groene grondstoffen om non-food producten mee te maken (denk aan cosmetica, bioplastics, brandstoffen). De SER vindt dat de rijksoverheid stevig moet inzetten op een biobased economy met meer gesloten kringlopen. Dit draagt immers bij aan economische groei en aan een meer duurzame economie (gesloten kringlopen, gunstige arbeidsomstandigheden)

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

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2011-07-01

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

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

    International Nuclear Information System (INIS)

    2011-01-01

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

  3. THE FATE OF ROMANIAN ECONOMY

    Directory of Open Access Journals (Sweden)

    CÎRNU DORU

    2014-12-01

    Full Text Available This work is an attempt of the authors to find an answer to the title. If we managed, or not, if we raised more questions then we managed to find answers, its up to you, readers or listeners, to decide. Why this question remains and why we can't say if we found or not an answer, is because for all analysts, including for the deciders that hold the destiny of romaninan economy, the path that it follows remains unknown. As we romanians like to trick, it may be in our style, because concealing the path gives you the posibility to claim, in any situation, that in fact you are on the right one.

  4. Internal globalization of Western Balkan

    Directory of Open Access Journals (Sweden)

    Vukotić Veselin

    2006-01-01

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

  5. Statistical Physics of Economic Systems: a Survey for Open Economies

    Science.gov (United States)

    Tao, Yong; Chen, Xun

    2012-05-01

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

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

    Directory of Open Access Journals (Sweden)

    Timothy Wallington

    2013-04-01

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

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

    Directory of Open Access Journals (Sweden)

    Lucian Belașcu

    2016-01-01

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

  8. SONNE: Solar-Based Man-Made Carbon Cycle and the Carbon Dioxide Economy

    Energy Technology Data Exchange (ETDEWEB)

    Moeller, Detlev [Brandenburg Technical Univ., Berlin (Germany)], e-mail: moe@btu-lc.fta-berlin.de

    2012-06-15

    the acceleration of CO{sub 2} release will increase as a result of economic growth. Due to the large CO{sub 2} residence times in air and sea water, we are far away from reaching a steady state (global cycle in-time) and recovery (climate restoration), even after the complete cessation of fossil fuel use. Therefore, forced by climate change and its uncertain, but very likely catastrophic impact after reaching the 'tipping points' than fossil resource limits, we need to transfer into the 'solar era as soon as possible. Nuclear power may be considered as a 'bridging technology' but the risks may not be longer accepted by society. Secondary 'renewable' energy, that has already been in use for long time, such as water and wind (and we should not forget that it was the only significant source of energy before the first industrial revolution), will probably never contribute on a global scale to fit the energy demand. Hence only the direct use of solar energy as proposed, for example, by the desertec conception (http:// www.desertec.org/), can realistically solve the global energy problem and fully replace fossil fuels. Without a doubt, electricity is the unique form of energy in the future and its direct application (also for mobility and heating) will increase, and will replace traditional fuels based on fossil resources to a large extent. The desertec technology is not unlikely to realize within the next few decades and can replace fossil fuels remarkable, if political (and thus financial) willingness is given. However, there are some open questions which have to be answered and transferred into technical solutions to establish the solar era. In this article I put forward an option to create a global closed anthropogenic carbon cycle using only solar energy to: (a) stop the further increase of CO{sub 2} emissions, and to obtain a global zero-carbon budget; (b) solve the problem of electricity storage based on CO{sub 2} utilization; (c

  9. Financial Development and Unemployment in Emerging Market Economies

    OpenAIRE

    Bayar Yilmaz

    2016-01-01

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

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

    International Nuclear Information System (INIS)

    Lokolo, M.C.

    2001-01-01

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

  11. Democratic Capitalism and Philanthropy in a Global Economy

    OpenAIRE

    Zoltan J. Acs; Sameeksha Desai

    2007-01-01

    Democratic capitalism has become the popular paradigm in the modern world, and it is spreading further through globalization. It is a model based on growth, expansion and constant innovation. However, it is accompanied by social problems which may worsen despite overall gains in wealth. In this paper, we suggest that democratic capitalist societies may benefit from the application of what has been a primarily American institution: Philanthropy. We present the Entrepreneurship-Philanthropy Cyc...

  12. The Theoretical and Methodological Bases to Form the Parity of State Regulation of the National Economy and Market Self-Regulation

    Directory of Open Access Journals (Sweden)

    Yahno Tetiana P.

    2017-09-01

    Full Text Available The aim of the article is to summarize the existing approaches regarding the optimal balance of mechanisms of economic regulation and identify factors that influence the formation of the parity of state regulation and market self-regulation of economy. The analysis of the existing studies has made it possible to establish that the mixed economy model, which is organized on the basis of the market price system but uses various forms of government intervention to correct macroeconomic instability, is the most optimal one for effective development. The smoothing, preventing of negative consequences of effects of market regulators is the goal of state regulation of economy. It is substantiated that the optimal correlation of mechanisms of state regulation and market self-regulation is not a constant value. The maximum effective ratio in application of these mechanisms will not always be achieved under condition of equal government intervention and self-regulation. It depends on the country’s potential, its involvement in the system of the world market economy, level of development of the society, as well as historical features of the country’s development and phase of the economic cycle. Prospects for further research are the substantiation of a new paradigm for the formation of the parity of state regulation and market self-regulation in the context of financial uncertainty and effect of supranational regulators, growing contradictions of globalization-regionalization based on the use of the system and synergetic approach.

  13. Towards an ammonia-mediated hydrogen economy?

    DEFF Research Database (Denmark)

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

    2006-01-01

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

  14. Lean Internationalization: How to Globalize Early and Fast in a Small Economy

    Directory of Open Access Journals (Sweden)

    Michael Neubert

    2017-05-01

    Full Text Available This study examines the early market internationalization of 32 high-tech startups that operate internationally from small and open economies. It uses a comparative cross-national multiple case study research design to explore how such startups may differ in their speed of internationalization. Based on interviews with the founders, the speed of early market internationalization in these startups increases significantly due to the application of lean market development processes. The findings provide a basis for developing propositions for further comparative studies focusing on the early and fast internationalization of high-tech startups based in emerging and developed markets. The study contributes to the literature on networks, internationalization, and international entrepreneurship.

  15. The macroeconomic rebound effect and the world economy

    Energy Technology Data Exchange (ETDEWEB)

    Barker, T.; Dagoumas, A. [Cambridge Centre for Climate Change Mitigation Research (4CMR), Department of Land Economy, University of Cambridge, 19 Silver Street, Cambridge, CB3 9PE (United Kingdom); Rubin, J. [School of Economics, University of Maine, 5782 Winslow Hall, Orono, ME 04469-5782 (United States)

    2009-11-15

    This paper examines the macroeconomic rebound effect for the global economy arising from energy-efficiency policies. Such policies are expected to be a leading component of climate policy portfolios being proposed and adopted in order to achieve climate stabilisation targets for 2020, 2030 and 2050, such as the G8 50% reduction target by 2050. We apply the global 'New Economics' or Post Keynesian model E3MG, developing the version reported in IPCC AR4 WG3. The rebound effect refers to the idea that some or all of the expected reductions in energy consumption as a result of energy-efficiency improvements are offset by an increasing demand for energy services, arising from reductions in the effective price of energy services resulting from those improvements. As policies to stimulate energy-efficiency improvements are a key part of climate-change policies, the likely magnitude of any rebound effect is of great importance to assessing the effectiveness of those policies. The literature distinguishes three types of rebound effect from energy-efficiency improvements: direct, indirect and economy-wide. The macroeconomic rebound effect, which is the focus of this paper, is the combination of the indirect and economy-wide effects. Estimates of the effects of no-regrets efficiency policies are reported by the International Energy Agency in World Energy Outlook, 2006, and synthesised in the IPCC AR4 WG3 report. We analyse policies for the transport, residential and services buildings and industrial sectors of the economy for the post-2012 period, 2013-2030. The estimated direct rebound effect, implicit in the IEA WEO/IPCC AR4 estimates, is treated as exogenous, based on estimates from the literature, globally about 10%. The total rebound effect, however, is 31% by 2020 rising to 52% by 2030. The total effect includes the direct effect and the effects of (1) the lower cost of energy on energy demand in the three broad sectors as well as of (2) the extra consumers

  16. The macroeconomic rebound effect and the world economy

    International Nuclear Information System (INIS)

    Barker, T.; Dagoumas, A.; Rubin, J.

    2009-01-01

    This paper examines the macroeconomic rebound effect for the global economy arising from energy-efficiency policies. Such policies are expected to be a leading component of climate policy portfolios being proposed and adopted in order to achieve climate stabilisation targets for 2020, 2030 and 2050, such as the G8 50% reduction target by 2050. We apply the global 'New Economics' or Post Keynesian model E3MG, developing the version reported in IPCC AR4 WG3. The rebound effect refers to the idea that some or all of the expected reductions in energy consumption as a result of energy-efficiency improvements are offset by an increasing demand for energy services, arising from reductions in the effective price of energy services resulting from those improvements. As policies to stimulate energy-efficiency improvements are a key part of climate-change policies, the likely magnitude of any rebound effect is of great importance to assessing the effectiveness of those policies. The literature distinguishes three types of rebound effect from energy-efficiency improvements: direct, indirect and economy-wide. The macroeconomic rebound effect, which is the focus of this paper, is the combination of the indirect and economy-wide effects. Estimates of the effects of no-regrets efficiency policies are reported by the International Energy Agency in World Energy Outlook, 2006, and synthesised in the IPCC AR4 WG3 report. We analyse policies for the transport, residential and services buildings and industrial sectors of the economy for the post-2012 period, 2013-2030. The estimated direct rebound effect, implicit in the IEA WEO/IPCC AR4 estimates, is treated as exogenous, based on estimates from the literature, globally about 10%. The total rebound effect, however, is 31% by 2020 rising to 52% by 2030. The total effect includes the direct effect and the effects of (1) the lower cost of energy on energy demand in the three broad sectors as well as of (2) the extra consumers' expenditure

  17. The solar-hydrogen economy: an analysis

    Science.gov (United States)

    Reynolds, Warren D.

    2007-09-01

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

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

    CSIR Research Space (South Africa)

    Faccer, K

    2014-05-01

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

  19. The impact of the financial crisis under the effects of increasing global economic interdependence. The case of Eastern and Central Europe Economies

    Directory of Open Access Journals (Sweden)

    Bușega Ionuț

    2015-03-01

    Full Text Available The technological progress that arose in areas such as transportation, communication and information exchange has led to a series of consequences that forced national economies to converge into a global, market based economy. In addition to the aforementioned causes, increased liberalisation amidst financial markets has supplemented the initiation of this metamorphosis that had several benefits in terms of general commercial exchange (trade, capital flows, and investment opportunities for business organisations. Simultaneously with the financial leverage resulted from the expansion of these interconnections, a series of channels that are detrimental to the financial welfare of entities has emerged, which, in consequence elevated the vulnerability and susceptibility to external economic shocks. The major debate elicited by this trade-off mainly concerns the costs and benefits of the international liberalisation of capital flows and trade. The purpose of this article is to examine the methods through which globalisation has affected the expansion of the international financial crisis back in 2008, by identifying and assessing the subsequent transfer routes, to and from the United States, where it was initially triggered. This article also aims to evaluate the repercussions experienced by Central and Eastern Europe and how they re-established economic growth following the financial crisis.

  20. Haptic seat for fuel economy feedback

    Energy Technology Data Exchange (ETDEWEB)

    Bobbitt, III, John Thomas

    2016-08-30

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

  1. China's growing methanol economy and its implications for energy and the environment

    International Nuclear Information System (INIS)

    Yang, Chi-Jen; Jackson, Robert B.

    2012-01-01

    For more than a decade, Nobel laureate George Olah and coworkers have advocated the Methanol Economy – replacing petroleum-based fuels and chemicals with methanol and methanol-derivatives – as a path to sustainable development. A first step to this vision appears to be occurring in China. In the past five years, China has quickly built an industry of coal-based methanol and dimethyl ether (DME) that is competitive in price with petroleum-based fuels. Methanol fuels offer many advantages, including a high octane rating and cleaner-burning properties than gasoline. Methanol also has some disadvantages. A coal-based Methanol Economy could enhance water shortages in China, increase net carbon dioxide emissions, and add volatility to regional and global coal prices. China's rapidly expanding Methanol Economy provides an interesting experiment for what could happen elsewhere if methanol is widely adopted, as proposed by Olah and researchers before him. - Highlights: ► China is quickly building a coal-based chemical industry. ► Methanol has become a significant automotive fuel and chemical feedstock in China. ► Coal-based methanol could provide a domestic alternative to imported oil. ► It, however, increases greenhouse gas emissions, and can cause other problems.

  2. Dilemmas for China: Energy, Economy and Environment

    Directory of Open Access Journals (Sweden)

    Xu Tang

    2015-05-01

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

  3. INIS: Authority List for Journal Titles

    International Nuclear Information System (INIS)

    1992-01-01

    This is the nineteenth revision of the INIS: Authority List for Journal Titles (IAEA-INIS-11). It lists 10,797 journal titles which have contained articles within the scope of INIS. The purpose of this Authority List is to provide descriptive cataloguers with a standard abbreviation for journal titles and to assist users of INIS products with a tool for verifying the full title of a journal. A journal, or periodical, is generally published within a defined, fixed interval between issues, which usually has more than one issue a year, and which usually includes a mixture of articles, letters, summaries, etc. Within this definition, annuals such as Annual Review of Nuclear Science are included. Series titles as, for example the McGraw-Hill Series in Nuclear Engineering, are not included in this Authority. Entries: Each entry consists of: - the full journal title (highlighted); - the abbreviated title; - ISSN, if available; - CODEN, if available; - additional information related to the journal title. Arrangement: In Part I, the full journal titles are grouped by country or international organization name and ordered alphabetically, followed by the ISSN, the CODEN in square brackets if available, and then the abbreviated title. The abbreviated title is based on the rules of ISO 4: Documentation - International Code for the Abbreviation of Titles of Periodicals. The abbreviations of the words are taken from the ISDS List of Periodical Title Word Abbreviation. In Part II, the order of the citations is reversed: the abbreviated journal titles are arranged alphabetically, followed by country code. Then the full journal titles are followed by the country of publication, and if available, ISSN and CODEN. Additional Information: There is important information related to the journal titles which are fundamental for tracing the history of the title and the present status. They are listed below and are entered whenever applicable: - Ceased publication; - Superseded by

  4. How extractive industries affect health: Political economy underpinnings and pathways.

    Science.gov (United States)

    Schrecker, Ted; Birn, Anne-Emanuelle; Aguilera, Mariajosé

    2018-06-07

    A systematic and theoretically informed analysis of how extractive industries affect health outcomes and health inequities is overdue. Informed by the work of Saskia Sassen on "logics of extraction," we adopt an expansive definition of extractive industries to include (for example) large-scale foreign acquisitions of agricultural land for export production. To ground our analysis in concrete place-based evidence, we begin with a brief review of four case examples of major extractive activities. We then analyze the political economy of extractivism, focusing on the societal structures, processes, and relationships of power that drive and enable extraction. Next, we examine how this global order shapes and interacts with politics, institutions, and policies at the state/national level contextualizing extractive activity. Having provided necessary context, we posit a set of pathways that link the global political economy and national politics and institutional practices surrounding extraction to health outcomes and their distribution. These pathways involve both direct health effects, such as toxic work and environmental exposures and assassination of activists, and indirect effects, including sustained impoverishment, water insecurity, and stress-related ailments. We conclude with some reflections on the need for future research on the health and health equity implications of the global extractive order. Copyright © 2018 The Authors. Published by Elsevier Ltd.. All rights reserved.

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

    Science.gov (United States)

    Lusk, Shannon Perry

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

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

    Directory of Open Access Journals (Sweden)

    Elizabeta Tosheva

    2016-01-01

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

  7. An Analysis of Globalization and Higher Education in Malaysia

    Science.gov (United States)

    Arokiasamy, Anantha Raj A.

    2011-01-01

    This study aims to examine the impact of globalization on private higher education in Malaysia. The impact of globalization and the development of knowledge-based economy have caused much dramatic change to the character and functions of higher education in Malaysia. The major trend is the reforming and restructuring of private higher education in…

  8. Development of international labor migration in the dynamics of globalization processes

    Directory of Open Access Journals (Sweden)

    Rubinskaya Eteri, D.

    2015-03-01

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

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

    International Nuclear Information System (INIS)

    Ouellet, D.

    1995-01-01

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

  10. A general equilibrium view of global rebound effects

    International Nuclear Information System (INIS)

    Wei Taoyuan

    2010-01-01

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

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

    NARCIS (Netherlands)

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

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

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

    Directory of Open Access Journals (Sweden)

    Dong-Eun Rhee

    2014-06-01

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

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

    NARCIS (Netherlands)

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

    2017-01-01

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

  14. Construction of a novel economy-climate model

    Institute of Scientific and Technical Information of China (English)

    CHOU JieMing; DONG WenJie; YE DuZheng

    2007-01-01

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

  15. Modeling of similar economies

    Directory of Open Access Journals (Sweden)

    Sergey B. Kuznetsov

    2017-06-01

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

  16. The effect of oil revenues instability on the oil-based and labor-exporting economies: The case of the Arab region

    International Nuclear Information System (INIS)

    Al-Abbasi, M.A.

    1991-01-01

    The changes in the trend of the oil-export earnings in the oil-based economics not only affected the growth of the domestic economics not only affected the growth of the domestic economies but influenced the economic activities in the neighboring labor-exporting economies. This study investigates and tests the hypothesis that uncertainty associated with fluctuations in oil-export earnings affect adversely the economic growth in the oil-based economies of the Middle East. In addition, it seeks to examine the hypothesis that the impact of such fluctuations has been transmitted to the neighboring labor-exporting economies, during the period 1970-1986. Results show that oil-export instability does indeed create a wave of fluctuations in the domestic economic activity of the oil-based economies through the negative effect on investment, government spending, and domestic output. For the labor-exporting economies, results suggest that the flow of workers' remittances have had a positive impact on investment and income growth. Results also indicate that the rate of economic growth in the oil-based economies sets a broad limit on the range of feasible growth in the labor-exporting economies

  17. Profiting from negawatts: Reducing absolute consumption and emissions through a performance-based energy economy

    International Nuclear Information System (INIS)

    Steinberger, Julia K.; Niel, Johan van; Bourg, Dominique

    2009-01-01

    Current energy and GHG emissions policies either focus directly on emissions or promote renewable production and the implementation of specific efficiency measures. Meanwhile, the fundamental structure of the energy market based on profits through energy throughput remains largely unchallenged. This policy oversight prevents the transition to an energy economy in which profits are based on energy services delivered at the lowest energy cost: a performance-based energy economy (PBEE). The PBEE applies the combined concepts of the performance economy and energy services to the energy sector. Energy Service Companies (ESCOs) are discussed as an example of PBEE practices. The implications for energy suppliers and consumers as well as the conditions for PBEE diffusion and consequences for technological change are also explored. The expected environmental, social and economic benefits are described. However, absolute consumption and emissions reductions may prove elusive due to the rebound effect. In order to forestall rebound-led increases, complementary policy measures likely to lead to absolute reductions are required

  18. Profiting from negawatts. Reducing absolute consumption and emissions through a performance-based energy economy

    Energy Technology Data Exchange (ETDEWEB)

    Steinberger, Julia K. [IPTEH, Quartier Sorge-Bat. Amphipole, University of Lausanne, CH-1015-Lausanne (Switzerland); Institute of Social Ecology, Klagenfurt University, Schottenfeldg. 29, A-1070 Vienna (Austria); van Niel, Johan [IPTEH, Quartier Sorge-Bat. Amphipole, University of Lausanne, CH-1015-Lausanne (Switzerland); CREIDD, University of Technology of Troyes, 12 rue Marie Curie, BP 2060, 10010 Troyes Cedex (France); Bourg, Dominique [IPTEH, Quartier Sorge-Bat. Amphipole, University of Lausanne, CH-1015-Lausanne (Switzerland)

    2009-01-15

    Current energy and GHG emissions policies either focus directly on emissions or promote renewable production and the implementation of specific efficiency measures. Meanwhile, the fundamental structure of the energy market based on profits through energy throughput remains largely unchallenged. This policy oversight prevents the transition to an energy economy in which profits are based on energy services delivered at the lowest energy cost: a performance-based energy economy (PBEE). The PBEE applies the combined concepts of the performance economy and energy services to the energy sector. Energy Service Companies (ESCOs) are discussed as an example of PBEE practices. The implications for energy suppliers and consumers as well as the conditions for PBEE diffusion and consequences for technological change are also explored. The expected environmental, social and economic benefits are described. However, absolute consumption and emissions reductions may prove elusive due to the rebound effect. In order to forestall rebound-led increases, complementary policy measures likely to lead to absolute reductions are required. (author)

  19. Profiting from negawatts: Reducing absolute consumption and emissions through a performance-based energy economy

    Energy Technology Data Exchange (ETDEWEB)

    Steinberger, Julia K. [IPTEH, Quartier Sorge-Bat. Amphipole, University of Lausanne, CH-1015-Lausanne (Switzerland); Institute of Social Ecology, Klagenfurt University, Schottenfeldg. 29, A-1070 Vienna (Austria)], E-mail: julia.steinberger@uni-klu.ac.at; Niel, Johan van [IPTEH, Quartier Sorge-Bat. Amphipole, University of Lausanne, CH-1015-Lausanne (Switzerland); CREIDD, University of Technology of Troyes, 12 rue Marie Curie, BP 2060, 10010 Troyes Cedex (France); Bourg, Dominique [IPTEH, Quartier Sorge-Bat. Amphipole, University of Lausanne, CH-1015-Lausanne (Switzerland)

    2009-01-15

    Current energy and GHG emissions policies either focus directly on emissions or promote renewable production and the implementation of specific efficiency measures. Meanwhile, the fundamental structure of the energy market based on profits through energy throughput remains largely unchallenged. This policy oversight prevents the transition to an energy economy in which profits are based on energy services delivered at the lowest energy cost: a performance-based energy economy (PBEE). The PBEE applies the combined concepts of the performance economy and energy services to the energy sector. Energy Service Companies (ESCOs) are discussed as an example of PBEE practices. The implications for energy suppliers and consumers as well as the conditions for PBEE diffusion and consequences for technological change are also explored. The expected environmental, social and economic benefits are described. However, absolute consumption and emissions reductions may prove elusive due to the rebound effect. In order to forestall rebound-led increases, complementary policy measures likely to lead to absolute reductions are required.

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

    NARCIS (Netherlands)

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

    2017-01-01

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

  1. A pro-competitive order as an institute of the economy based on knowledge

    Directory of Open Access Journals (Sweden)

    Rozhdestvenskaya Elena

    2016-01-01

    Full Text Available The modern theory of constitutional economy returns to the ideas of the founders of ordoliberalism, marks the function of the state as an institutional mechanism to promote and protect competition. The role of the state is the system subject of a pro-competitive order. The article analyzes the patterns of spontaneous transformation of government involvement in the market economy in the procompetitive order Institute as a condition of sustainable development of the economy based on knowledge. The research results are useful in the development of the theory of regulation of market processes and the formation of a strategic state policy in the field of economic regulation, in particular for Russia.

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

    NARCIS (Netherlands)

    Hoen, Herman W.

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

  3. Team-based global organizations

    DEFF Research Database (Denmark)

    Zander, Lena; Butler, Christina; Mockaitis, Audra

    2015-01-01

    diversity in enhancing team creativity and performance, and 2) the sharing of knowledge in team-based organizations, while the other two themes address global team leadership: 3) the unprecedented significance of social capital for the success of global team leader roles; and 4) the link between shared......This chapter draws on a panel discussion of the future of global organizing as a team-based organization at EIBA 2014 in Uppsala, Sweden. We began by discussing contemporary developments of hybrid forms of hierarchy and teams-based organizing, but we venture to propose that as organizations become...... characterized by decreased importance of hierarchal structures, more fluidity across borders, even a possible dissolution of firm boundaries, we move towards team-based organizing as an alternative to more traditional forms of hierarchical-based organizing in global firms. To provide input for a discussion...

  4. A THEORETICAL APPROACH TO THE TRANSITION FROM A RESOURCE BASED TO A KNOWLEDGE-ECONOMY

    Directory of Open Access Journals (Sweden)

    Diana GIOACASI

    2015-09-01

    Full Text Available Economic development and the emergence of new technologies have changed the optics on the factors that are generating added value. The transition from a resource-dependent economy to one focused on tangible non-financial factors has progressed in a gradual manner and took place under the influence of globalization and of the internet boom. The aim of this article is to provide a theoretical approach to this phenomenon from the perspective of the temporal evolution of enterprise resources.

  5. Globalization and economic cooperation

    Directory of Open Access Journals (Sweden)

    Javier Divar

    2006-12-01

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

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

    Directory of Open Access Journals (Sweden)

    Vovchenko Natalia G.

    2014-01-01

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

  7. Circular Economy: Questions for Responsible Minerals, Additive Manufacturing and Recycling of Metals

    Directory of Open Access Journals (Sweden)

    Damien Giurco

    2014-05-01

    Full Text Available The concept of the circular economy proposes new patterns of production, consumption and use, based on circular flows of resources. Under a scenario where there is a global shift towards the circular economy, this paper discusses the advent of two parallel and yet-to-be-connected trends for Australia, namely: (i responsible minerals supply chains and (ii additive manufacturing, also known as 3D production systems. Acknowledging the current context for waste management, the paper explores future interlinked questions which arise in the circular economy for responsible supply chains, additive manufacturing, and metals recycling. For example, where do mined and recycled resources fit in responsible supply chains as inputs to responsible production? What is required to ensure 3D production systems are resource efficient? How could more distributed models of production, enabled by additive manufacturing, change the geographical scale at which it is economic or desirable to close the loop? Examples are given to highlight the need for an integrated research agenda to address these questions and to foster Australian opportunities in the circular economy.

  8. Universities in the global knowledge economy: the eclectic paradigm

    Directory of Open Access Journals (Sweden)

    Denys Ilnytskyy

    2015-06-01

    Full Text Available As institutions of knowledge generation and diffusion, in the course of their activities universities should take into account not only the level of an organization or a country but also that of individual knowledge transformation, whereby creating favorable conditions for developing creativity of both graduates and academic staff who form the basis of the intellectual capital of the university and the country. While functioning in the global competitive climate, the national intellectual capital is a factor of socio-economic development and international competitive status of individual countries. During decades the concept of university has been evolving toward determining the operation mode of a university as that of an institution providing mass education, carrying out fundamental and applied researches as well as largely participating in local, national and global development. However, the university operation paradigm remains eclectic. Equal relationships between universities, government and industry in a knowledge-based society are well-defined by the concept of triple helix innovation systems engaging NGOs. World-class universities tend ever more to incorporate the feature of an entrepreneurial university actively competing in the global academic domain.

  9. Contradictions of international migration in terms of political economy

    Directory of Open Access Journals (Sweden)

    Josifidis Kosta

    2016-01-01

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

  10. Managers and Engineer Economists in the Development of the Social Economy

    Directory of Open Access Journals (Sweden)

    RADA Ioan Constantin

    2013-05-01

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

  11. Brazilian Role in the Global Value Chains

    OpenAIRE

    Joaquim José Martins Guilhoto; Denise Imori

    2014-01-01

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

  12. "Glocalization": Going beyond the Dichotomy of Global versus Local through Additive Multilingualism

    Science.gov (United States)

    Joseph, Michael; Ramani, Esther

    2012-01-01

    This article interrogates the notion of "glocalization" (Moja, 2004, based on Castells, 2001) as a concept that seeks to integrate the local and the global to address both the need for social justice and the need to participate in a global market economy. The article argues that the relation between the global and the local cannot be…

  13. Agrofuels capitalism: a view from political economy.

    Science.gov (United States)

    White, Ben; Dasgupta, Anirban

    2010-01-01

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

  14. Agrofuels capitalism: a view from political economy

    NARCIS (Netherlands)

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

    2010-01-01

    textabstractThis article considers the global expansion of agrofuels feedstock production from a political economy perspective. It considers and dismisses the environmental and pro-poor developmental justifications attached to agrofuels. To local populations and direct producers, the specific

  15. CURRENT TRENDS IN THE KNOWLEDGE ECONOMY

    Directory of Open Access Journals (Sweden)

    Ciprian Ionel HRETCANU

    2015-07-01

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

  16. Trading scheme 'key' to low-carbon economy

    International Nuclear Information System (INIS)

    2006-01-01

    Federal Opposition Leader Kim Beazley has emphasised the importance of getting the economics of environmental policy right by introducing market-based mechanisms for pricing emissions. 'Market-based mechanisms such as emissions trading are central to moving to a low-carbon economy,' he said in his latest blueprint. 'A functioning carbon market will deliver a price signal, so there is a long-term incentive to cut emissions further, and a mechanism for trading, so that energy can be allocated efficiently in the economy. It will also encourage greater private investment in clean energy technology.' Mr Beazley said the new market would also reward the many companies who were already adapting to a carbon-constrained world. 'This includes those global companies in Australia that already operate in emissions trading markets overseas. An effective price signal for carbon in Australia will allow these companies to benefit directly from their good corporate citizenship and long-term vision.' Mr Beazley has committed a federal Labor government to work with state governments and business to establish the national trading scheme. He also criticised the Federal Government for refusing to ratify the Kyoto Protocol, which he argued excluded Australian businesses from participating in the emerging global carbon trade. This made it harder for businesses to break into the market for cleaner production technologies overseas. While again admitting Kyoto was not perfect, Mr Beazley said ratification would see Australia part of what would potentially be 'the biggest market in the world by 2020'. He said the recent Asia Pacific Climate Change Pact was a positive step but was not an alternative to Kyoto. 'Above all, it has no economic mechanisms to drive further change. 'Without ratifying Kyoto some of our businesses are missing out on effective participation in international schemes that offer substantial financial rewards for greenhouse gas reductions. 'By ratifying Kyoto and adopting

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

    Directory of Open Access Journals (Sweden)

    N Sewdass

    2015-07-01

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

  18. COMPETITIVENESS FOR SUSTAINABLE ECONOMIES

    Directory of Open Access Journals (Sweden)

    Nelu Eugen POPESCU

    2014-04-01

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

  19. Globalization

    OpenAIRE

    Andru?cã Maria Carmen

    2013-01-01

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

  20. Power Watch: Increasing Transparency and Accessibility of Data in the Global Power Sector to Accelerate the Transition to a Lower Carbon Economy

    Science.gov (United States)

    Hennig, R. J.; Friedrich, J.; Malaguzzi Valeri, L.; McCormick, C.; Lebling, K.; Kressig, A.

    2016-12-01

    The Power Watch project will offer open data on the global electricity sector starting with power plants and their impacts on climate and water systems; it will also offer visualizations and decision making tools. Power Watch will create the first comprehensive, open database of power plants globally by compiling data from national governments, public and private utilities, transmission grid operators, and other data providers to create a core dataset that has information on over 80% of global installed capacity for electrical generation. Power plant data will at a minimum include latitude and longitude, capacity, fuel type, emissions, water usage, ownership, and annual generation. By providing data that is both comprehensive, as well as making it publically available, this project will support decision making and analysis by actors across the economy and in the research community. The Power Watch research effort focuses on creating a global standard for power plant information, gathering and standardizing data from multiple sources, matching information from multiple sources on a plant level, testing cross-validation approaches (regional statistics, crowdsourcing, satellite data, and others) and developing estimation methodologies for generation, emissions, and water usage. When not available from official reports, emissions, annual generation, and water usage will be estimated. Water use estimates of power plants will be based on capacity, fuel type and satellite imagery to identify cooling types. This analysis is being piloted in several states in India and will then be scaled up to a global level. Other planned applications of of the Power Watch data include improving understanding of energy access, air pollution, emissions estimation, stranded asset analysis, life cycle analysis, tracking of proposed plants and curtailment analysis.

  1. An Asian perspective on global financial reforms

    OpenAIRE

    Morgan, Peter J.; Pontines, Victor

    2013-01-01

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

  2. Integrasi Ekonomi Asia: Solusi Asia Menghadapi Krisis Global 2008

    OpenAIRE

    Adrian Hidayat

    2008-01-01

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

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

    NARCIS (Netherlands)

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

    2012-01-01

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

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

    International Nuclear Information System (INIS)

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

    2015-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Dana-Elena MARCEAN HOLBAN

    2015-12-01

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

  6. The Clean Air Act and the Economy

    Science.gov (United States)

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

  7. The Economy of Experience for the Promotion of Hotel Products

    Directory of Open Access Journals (Sweden)

    Tatiana G. Zainullina

    2017-09-01

    Full Text Available In this work, an attempt is made to use the terminology and tools of the economy of experience as applied to the hotel product. The analysis of the concept of "economy of experience" is analyzed from the point of view of changing human preferences and the appearance of the so-called "market ofexperience". The postulate is advanced that in the modern economy the sale of any goods and services corresponds with the sale of the corresponding impressions from using them, therefore the most successful business projects are aimed not only at satisfying physiological needs, impressions. The object of exchange is not only goods and services, but also impressions, respectively, the emergence of a new exchange object calls for the development of technologies that make this object more attractive to the direct consumer and show the manufacturer what benefits it can receive from the production and sale of impressions. An attempt has been made to transfer the tools of the economy of impressions to the area of promotion of the hotel product. The hotel economy is a dynamically developing branch of the economy, its development is determined by global economic processes, cultural, historical, sport interactions both within the country and between countries. Along with tourism, the hotel industry is an integral part of the creative economy and the economy of experience, which is based on the desires and needs of a person in gaining new experience. Practice shows that the use of tools in the promotion of the hotel product that affect the receipt of new impressions, feelings and experiences creates a basis for attracting regular customers, on which 60% of the income of the hotel company depends.

  8. The Global Economic Crisis and the Global Accumulation of Capital

    Directory of Open Access Journals (Sweden)

    Wojciech Błasiak

    2010-06-01

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

  9. Browse Title Index

    African Journals Online (AJOL)

    Items 101 - 150 of 198 ... Issue, Title ... Vol 7, No 1 (2013), Enterprise Cloud Adoption: Leveraging on the Business ... Load Balancing And Job Scheduling In Cloud Computing ... Vol 13, No 1 (2015), ICT-Based Framework for Improved Food Security in Nigeria ... Vol 5, No 1 (2012), IT-Based Solutions to the Electoral System in ...

  10. Economy Over Security: Why Crises Fail to Impact Economic Behavior in East Asia

    Science.gov (United States)

    2017-12-01

    SECURITY: WHY CRISES FAIL TO IMPACT ECONOMIC BEHAVIOR IN EAST ASIA by Aaron R. Sipos December 2017 Thesis Advisor: Michael Glosny Second...REPORT TYPE AND DATES COVERED Master’s thesis 4. TITLE AND SUBTITLE ECONOMY OVER SECURITY: WHY CRISES FAIL TO IMPACT ECONOMIC BEHAVIOR IN EAST...release. Distribution is unlimited. 12b. DISTRIBUTION CODE 13. ABSTRACT (maximum 200 words) This study examines changes in economic behavior in

  11. Globalization of the world economy

    Energy Technology Data Exchange (ETDEWEB)

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

    1996-12-01

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

  12. THE GLOBAL MARITIME PORTS IN LOGISTICS CHAINS AND SUPPLY NETWORKS

    Directory of Open Access Journals (Sweden)

    Henryk SALMONOWICZ

    2014-12-01

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

  13. Privatization Framework: Political Economy Perspective

    OpenAIRE

    Bastian, Indra

    2009-01-01

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

  14. Popular Education in Solidarity Economy

    Science.gov (United States)

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

    2015-01-01

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

  15. Pseudo Phase Plane and Fractional Calculus modeling of western global economic downturn

    Science.gov (United States)

    Tenreiro Machado, J. A.; Mata, Maria Eugénia

    2015-05-01

    This paper applies Pseudo Phase Plane (PPP) and Fractional Calculus (FC) mathematical tools for modeling world economies. A challenging global rivalry among the largest international economies began in the early 1970s, when the post-war prosperity declined. It went on, up to now. If some worrying threatens may exist actually in terms of possible ambitious military aggression, invasion, or hegemony, countries' PPP relative positions can tell something on the current global peaceful equilibrium. A global political downturn of the USA on global hegemony in favor of Asian partners is possible, but can still be not accomplished in the next decades. If the 1973 oil chock has represented the beginning of a long-run recession, the PPP analysis of the last four decades (1972-2012) does not conclude for other partners' global dominance (Russian, Brazil, Japan, and Germany) in reaching high degrees of similarity with the most developed world countries. The synergies of the proposed mathematical tools lead to a better understanding of the dynamics underlying world economies and point towards the estimation of future states based on the memory of each time series.

  16. Biofuels sources, biofuel policy, biofuel economy and global biofuel projections

    International Nuclear Information System (INIS)

    Demirbas, Ayhan

    2008-01-01

    The term biofuel is referred to liquid, gas and solid fuels predominantly produced from biomass. Biofuels include energy security reasons, environmental concerns, foreign exchange savings, and socioeconomic issues related to the rural sector. Biofuels include bioethanol, biomethanol, vegetable oils, biodiesel, biogas, bio-synthetic gas (bio-syngas), bio-oil, bio-char, Fischer-Tropsch liquids, and biohydrogen. Most traditional biofuels, such as ethanol from corn, wheat, or sugar beets, and biodiesel from oil seeds, are produced from classic agricultural food crops that require high-quality agricultural land for growth. Bioethanol is a petrol additive/substitute. Biomethanol can be produced from biomass using bio-syngas obtained from steam reforming process of biomass. Biomethanol is considerably easier to recover than the bioethanol from biomass. Ethanol forms an azeotrope with water so it is expensive to purify the ethanol during recovery. Methanol recycles easier because it does not form an azeotrope. Biodiesel is an environmentally friendly alternative liquid fuel that can be used in any diesel engine without modification. There has been renewed interest in the use of vegetable oils for making biodiesel due to its less polluting and renewable nature as against the conventional petroleum diesel fuel. Due to its environmental merits, the share of biofuel in the automotive fuel market will grow fast in the next decade. There are several reasons for biofuels to be considered as relevant technologies by both developing and industrialized countries. Biofuels include energy security reasons, environmental concerns, foreign exchange savings, and socioeconomic issues related to the rural sector. The biofuel economy will grow rapidly during the 21st century. Its economy development is based on agricultural production and most people live in the rural areas. In the most biomass-intensive scenario, modernized biomass energy contributes by 2050 about one half of total energy

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

    Science.gov (United States)

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

    2009-04-01

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

  18. Browse Title Index

    African Journals Online (AJOL)

    Items 1 - 50 of 76 ... Journal Home > Advanced Search > Browse Title Index ... Vol 4, No 1 (2011), Automation of AutoCAD for Detailing of Reinforced .... Vol 10, No 1 (2017), Housing data base for sustainable housing provision, Abstract PDF.

  19. A hydrogen economy and its impact on the world as we know it

    International Nuclear Information System (INIS)

    Blanchette, Stephen

    2008-01-01

    An assortment of governmental, technological, environmental, and economic factors has combined to spur renewed interest in alternatives to petroleum, and especially in hydrogen. While there is no clear consensus on the viability of the technology, governments and corporations alike have vigorous hydrogen research programs. The result is that hydrogen may stand on the verge of becoming a true successor to oil. A transition from oil to hydrogen would alter familiar global economic and political structures in profound ways. The ramifications will influence developed and developing nations, oil importers, and exporters alike. New alliances among governments, corporations, and other groups may challenge existing notions of governance. Although a hydrogen-based economy may be decades away, the vision for it requires near- and mid-term thinking to manage the transition smoothly. Further, hydrogen is only a metaphor; any change from the current oil economy will entail dramatic changes to the global status quo that must be planned for now

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

    Energy Technology Data Exchange (ETDEWEB)

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

    2015-04-01

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

  1. THE ROLE OF THE FINANCIAL SYSTEM IN MARKET ECONOMY

    Directory of Open Access Journals (Sweden)

    CĂRUNTU GENU ALEXANDRU

    2015-12-01

    Full Text Available Financial system can be approached from the perspective of sales in socio-economic system, namely a global financing mechanism, taking version account specific components, such as: normative base regulatory a financialmonetary methods, forms and techniques version running streams Monetary Financial methods, techniques usable forms and version carrying cash flows, financial levers. Integration contexts, the financial system becomes part of gear intended to ensure implementation and regulation of money flows version compared with the normal performance requirements of real processes in the economy.

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

    Science.gov (United States)

    Walton-Roberts, Margaret

    2015-01-01

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

  3. Browse Title Index

    African Journals Online (AJOL)

    Items 1 - 50 of 89 ... Issue, Title ... of two-phased approaches to load balancing in cloud computing, Abstract ... Vol 19, No 1 (2012), Assessing Network Services and Security in ... Vol 23, No 1 (2016), Cloud model construct for transaction-based ...

  4. The knowledge-based economy modeled, measured, simulated

    CERN Document Server

    Leydesdorff, Loet

    2006-01-01

    "Challenging, theoretically rich yet anchored in detailed empirical analysis, Loet Leydesdorff's exploration of the dynamics of the knowledge-economy is a major contribution to the field. Drawing on his expertise in science and technology studies, systems theory, and his internationally respected work on the 'triple helix', the book provides a radically new modelling and simulation of knowledge systems, capturing the articulation of structure, communication, and agency therein. This work will be of immense interest to both theorists of the knowledge-economy and practitioners in science policy." Andrew Webster Science & Technology Studies, University of York, UK

  5. Spatial and Temporal Trends of Global Pollination Benefit

    Science.gov (United States)

    Lautenbach, Sven; Seppelt, Ralf; Liebscher, Juliane; Dormann, Carsten F.

    2012-01-01

    Pollination is a well-studied and at the same time a threatened ecosystem service. A significant part of global crop production depends on or profits from pollination by animals. Using detailed information on global crop yields of 60 pollination dependent or profiting crops, we provide a map of global pollination benefits on a 5′ by 5′ latitude-longitude grid. The current spatial pattern of pollination benefits is only partly correlated with climate variables and the distribution of cropland. The resulting map of pollination benefits identifies hot spots of pollination benefits at sufficient detail to guide political decisions on where to protect pollination services by investing in structural diversity of land use. Additionally, we investigated the vulnerability of the national economies with respect to potential decline of pollination services as the portion of the (agricultural) economy depending on pollination benefits. While the general dependency of the agricultural economy on pollination seems to be stable from 1993 until 2009, we see increases in producer prices for pollination dependent crops, which we interpret as an early warning signal for a conflict between pollination service and other land uses at the global scale. Our spatially explicit analysis of global pollination benefit points to hot spots for the generation of pollination benefits and can serve as a base for further planning of land use, protection sites and agricultural policies for maintaining pollination services. PMID:22563427

  6. Global status of hydrogen research

    Energy Technology Data Exchange (ETDEWEB)

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

    2001-07-01

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

  7. Foreign direct investment with regard to the economic growth of the Japanese economy

    Directory of Open Access Journals (Sweden)

    Milan Palát

    2011-01-01

    Full Text Available Foreign direct investment presents an indivisible part of the global economy and a major catalyst to development. The paper stresses out the importance of FDI in boosting the growth of the nation’s economy and is aimed at assessing the flow of inward FDI into Japan in the frame of the economic development of the country. Many studies reflected the superior managerial efficiency and productivity of foreign business companies operating in Japan and this is considered to be an asset of inward FDI into Japan. From the beginning of the reference period (with an exception of last two decades the ratio of FDI on gross domestic product in Japan remained quite stable. This economy witnessed augmented FDI flows in the 1990s but current economic situation aggravated by the global financial and economic crisis differs significantly from the development in previous years. A fitted developmental series using a logarithmic polynomial indicate the described trend of FDI in Japan. Based on results of methods of regression and correlation analysis (including testing the statistical significance, the correlation is evident between FDI and gross domestic product in the monitored country and the existence of a growth impact of FDI can be thus accepted.

  8. Green economy in Finnish society; Vihreae talous suomalaisessa yhteiskunnassa

    Energy Technology Data Exchange (ETDEWEB)

    Antikainen, R.; Laehtinen, K.; Leppaenen, M.; Furman, E.

    2013-02-15

    The concept of a green economy is commonly used in public discussion, but no unanimity exists as to its definition. The objective of this report was to increase understanding of the concept of green economy and the changes required by the transition to a green economy. The report is part of the 'Green economy - analysis of the concept and its consequences for various parties' project, implemented by the Finnish Environment Institute (SYKE) in 2012. The research material comprised literature, web-based background surveys, results of a multidisciplinary workshop for scientists and a workshop for relevant actors, opening presentations for the workshops, expert opinions voiced in the workshops, and discussions of the project steering group. Examples of the elements of a green economy are resource - i.e. energy and material - efficiency, the reduction of resource use, the improvement of resource use efficiency and recycling of resources, the move from tangible to intangible value creation, and the revising of corporate business models, such as models of industrial symbiosis and increased service orientation. Of key importance in this transformation are new models for production and communities, the preservation of natural capital and taking account of challenges presented by the global operating environment, as well as the implementation of sustainability principles. A green economy is seen to contribute to domestic well-being, employment and the economy, while enabling the internationalisation of companies and international business. Finland's strengths lie in expertise related to areas such as bioeconomy, cleantech, water and water supply, and recycling. A further strength is the traditionally close cooperative relationships between various actors. However, silo thinking should be further reduced, as it slows down reform, and collaboration initiatives and experiments between actors and on the level of policies should be supported. In the future, it

  9. The hydrogen economy- A debate on the merits

    CSIR Research Space (South Africa)

    Van Vuuren, DS

    2007-01-01

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

  10. Essays in financial intermediation and political economy

    NARCIS (Netherlands)

    Luo, Mancy

    2017-01-01

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

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

    OpenAIRE

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

    2017-01-01

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

  12. Macroeconomic impacts of oil price shocks in Asian economies

    International Nuclear Information System (INIS)

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

    2015-01-01

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

  13. Statistical Study of Transformation Changes in the Ukrainian Economy

    Directory of Open Access Journals (Sweden)

    O. V.

    2017-12-01

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

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

    Science.gov (United States)

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

    2014-01-01

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

  15. The collaborative Economy and Tourism

    DEFF Research Database (Denmark)

    Dredge, Dianne; Gyimóthy, Szilvia

    2015-01-01

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

  16. 111 Nigeria's Development Challenges in a Digitalized Global

    African Journals Online (AJOL)

    User

    2010-10-17

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

  17. Circular economy and nuclear energy

    International Nuclear Information System (INIS)

    2017-01-01

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

  18. [Environmental governance and the green economy].

    Science.gov (United States)

    Jacobi, Pedro Roberto; Sinisgalli, Paulo Antonio de Almeida

    2012-06-01

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

  19. Political economies and environmental futures for the sharing economy

    Science.gov (United States)

    Frenken, Koen

    2017-05-01

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

  20. Web-Based Activity Within a Sexual Health Economy: Observational Study.

    Science.gov (United States)

    Turner, Katy Me; Zienkiewicz, Adam K; Syred, Jonathan; Looker, Katharine J; de Sa, Joia; Brady, Michael; Free, Caroline; Holdsworth, Gillian; Baraitser, Paula

    2018-03-07

    Regular testing for sexually transmitted infections (STIs) is important to maintain sexual health. Self-sampling kits ordered online and delivered in the post may increase access, convenience, and cost-effectiveness. Sexual health economies may target limited resources more effectively by signposting users toward Web-based or face-to-face services according to clinical need. The aim of this paper was to investigate the impact of two interventions on testing activity across a whole sexual health economy: (1) the introduction of open access Web-based STI testing services and (2) a clinic policy of triage and signpost online where users without symptoms who attended clinics for STI testing were supported to access the Web-based service instead. Data on attendances at all specialist public sexual health providers in an inner-London area were collated into a single database. Each record included information on user demographics, service type accessed, and clinical activity provided, including test results. Clinical activity was categorized as a simple STI test (could be done in a clinic or online), a complex visit (requiring face-to-face consultation), or other. Introduction of Web-based services increased total testing activity across the whole sexual health economy by 18.47% (from 36,373 to 43,091 in the same 6-month period-2014-2015 and 2015-2016), suggesting unmet need for testing in the area. Triage and signposting shifted activity out of the clinic onto the Web-based service, with simple STI testing in the clinic decreasing from 16.90% (920/5443) to 12.25% (511/4172) of total activity, P<.001, and complex activity in the clinic increasing from 69.15% (3764/5443) to 74.86% (3123/4172) of total activity, P<.001. This intervention created a new population of online users with different demographic and clinical profiles from those who use Web-based services spontaneously. Some triage and signposted users (29.62%, 375/1266) did not complete the Web-based testing

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

    Science.gov (United States)

    Marginson, Simon

    2009-01-01

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

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

    Science.gov (United States)

    Aggarwal, Raj

    2011-01-01

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

  3. US forest products in the global economy

    Science.gov (United States)

    Dave N Wear; Jeff Prestemon; Michaela O. Foster

    2015-01-01

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

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

    Science.gov (United States)

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

    2013-03-01

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

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

    OpenAIRE

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

    2018-01-01

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

  6. 40 CFR 600.208-08 - Calculation of FTP-based and HFET-based fuel economy values for a model type.

    Science.gov (United States)

    2010-07-01

    ... the original base level fuel economy values); and (iii) All subconfigurations within the new base... separating subconfigurations from an existing base level and placing them into a new base level. The new base... this paragraph, as containing a new basic engine. The manufacturer will be permitted to designate such...

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

    OpenAIRE

    Ravi Ramamurti

    2010-01-01

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

  8. 40 CFR 600.206-12 - Calculation and use of FTP-based and HFET-based fuel economy and carbon-related exhaust emission...

    Science.gov (United States)

    2010-07-01

    ... POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for... vehicle under § 600.113(a) and (b) and as approved in § 600.008-08(c), are used to determine FTP-based... value exists for an electric vehicle configuration, that value, rounded to the nearest tenth of a mile...

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

    Directory of Open Access Journals (Sweden)

    Bulyeyev Ivan P.

    2016-02-01

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

  10. Economy, efficacy, and feasibility of a risk-based control program against paratuberculosis

    DEFF Research Database (Denmark)

    Kudahl, Anne Braad; Nielsen, Søren Saxmose; Østergaard, Søren

    2008-01-01

    Long-term effects of paratuberculosis on within-herd prevalence and on-farm economy of implementing risk-based control strategies were compared with alternative strategies by using a herd-simulation model. Closing transmission routes is essential for effective control of paratuberculosis. However...

  11. Green growth: Policies for transition towards low carbon economies

    Energy Technology Data Exchange (ETDEWEB)

    Moe, Thorvald

    2012-11-01

    For the next fifty years and beyond, the world faces twin challenges: -Enhancing economic opportunities and living standards for a growing global population; -Addressing the environmental threats that, if left largely unaddressed, could undermine our abilities for longer term economic growth and development and the ability to reduce poverty. For twenty years the world community has attempted to face up to these challenges, notably global warming by a 'top down' international negotiation process under the auspices of the UN Framework Convention on Climate Change (UNFCCC). The paper discusses why this process has failed so far. To get out of this impasse, a 'bottom up' policy framework for green growth based on national preferences, possibilities and policies should be considered and is discussed in some detail. However, while green growth may enhance the transition towards low-carbon economies in the short and medium term, it is argued that a 'Global Green Deal' with regional and global rules of the game is needed to reduce the risk for unsustainable development in the longer term.(auth)

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

    OpenAIRE

    Chang, Chia-Lin; McAleer, Michael

    2017-01-01

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

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

    Directory of Open Access Journals (Sweden)

    Juan Antonio Azkunaga

    2013-10-01

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

  14. Measuring Lifelong Learning for the New Economy.

    Science.gov (United States)

    Tuijnman, Albert

    2003-01-01

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

  15. Ιnvestment in green economy as a potential source of value added

    Directory of Open Access Journals (Sweden)

    Jan Klasinc

    2015-12-01

    Full Text Available Purpose - The hypothesis of the paper is that domestic value added created by exports in Croatia could be increased by investments in green economy. Methodology - In the developed economies only specific products, processes and functions that outperform emerging economies in Global Value Chains are able to profit from the larger share of value added. Large portion of "green economy" is knowledge intensive, and if knowledge based economy (KBC plays a significant role in determining the domestic value added created by exports, economies with a larger stock of KBC should have a larger difference in VAX between knowledge-intensive industries and less knowledge-intensive industries. Domestic value added embodied in exports can be proxied by attracted FDI. Findings - The results seem to show some support to the hypothesis. In Croatia it has already been shown that sectors of economy with larger stock of intellectual capital measured by Intellectual Capital Efficiency (ICE index attracted more FDI, which can also serve as a predictor for larger value added in exports due to higher productivity. Knowledge intensity of 18 industries in the US as the benchmark economy shows that "Electrical and optical equipment" has above average knowledge intensity of 0,53, and it can be matched with "green economy" in Croatian industries that attracted more FDI and have higher levels of KBC. Research limitations and implications - Although this study is limited just to KBC, as an extension, the potential role of financial development could be included. Also, the length of time series for VAX measured by OECD does not allow for more thorough analysis. Originality/value – Although not conclusive, this paper is an important first step giving direction to subsequent studies of effects of KBC on value added.

  16. Malaysia's Human Resource Strategies for a Knowledge-Based Economy - Comparing the Influence of Different Labur Market Relations

    DEFF Research Database (Denmark)

    Fleming, Daniel; Søborg, Henrik

    2010-01-01

    In the last 15-20 years the Malaysian government has sought to meet the increasing international competition in the labour intensive manufacturing industry by transforming the economy to a more knowledge-based economy. Impotant levers are industrial upgrading policies and partnerships with leadin...

  17. THEN: COE-INES international workshop on 'toward hydrogen economy; what nuclear can contribute and how'. Proposal and presentations

    International Nuclear Information System (INIS)

    2005-01-01

    The workshop of the title was held on topics; hydrogen system, nuclear and non-nuclear hydrogen production, hydrogen storage and transportation, fuel-cells, hydrogen energy management, hydrogen economy and all subjects related on hydrogen system, consisted of 4 panels by 15 panelists and a comprehensive discussion session. (J.P.N.)

  18. Has the First Global Financial Crisis Changed the Entrepreneurial Values in Digitalized Marketing-based Societies? The Case of GEM Latin American Countries

    OpenAIRE

    José Manuel Saiz Álvarez; Alicia Coduras Martínez; Carlos Cuervo Arango

    2017-01-01

    As the world economy is globalized, crises are rapidly spread due to the massive use of ICTs (Information and Communication Technologies), also affecting the entrepreneurial values involved in business creation processes. In this sense, digital marketing has a key role to play, as it can serve as a tool based on technology applied to foster nascent entrepreneurship. Using data for GEM Latin American countries, and applying clustering analysis based on the K-means method, the objective of this...

  19. Particle swarm optimization of driving torque demand decision based on fuel economy for plug-in hybrid electric vehicle

    International Nuclear Information System (INIS)

    Shen, Peihong; Zhao, Zhiguo; Zhan, Xiaowen; Li, Jingwei

    2017-01-01

    In this paper, an energy management strategy based on logic threshold is proposed for a plug-in hybrid electric vehicle. The plug-in hybrid electric vehicle powertrain model is established using MATLAB/Simulink based on experimental tests of the power components, which is validated by the comparison with the verified simulation model which is built in the AVL Cruise. The influence of the driving torque demand decision on the fuel economy of plug-in hybrid electric vehicle is studied using a simulation. The optimization method for the driving torque demand decision, which refers to the relationship between the accelerator pedal opening and driving torque demand, from the perspective of fuel economy is formulated. The dynamically changing inertia weight particle swarm optimization is used to optimize the decision parameters. The simulation results show that the optimized driving torque demand decision can improve the PHEV fuel economy by 15.8% and 14.5% in the fuel economy test driving cycle of new European driving cycle and worldwide harmonized light vehicles test respectively, using the same rule-based energy management strategy. The proposed optimization method provides a theoretical guide for calibrating the parameters of driving torque demand decision to improve the fuel economy of the real plug-in hybrid electric vehicle. - Highlights: • The influence of the driving torque demand decision on the fuel economy is studied. • The optimization method for the driving torque demand decision is formulated. • An improved particle swarm optimization is utilized to optimize the parameters. • Fuel economy is improved by using the optimized driving torque demand decision.

  20. The strategic role of partnerships between universities and private corporations as a driver for increasing workforce competitiveness in a global economy

    Directory of Open Access Journals (Sweden)

    Damoc Adrian-Ioan

    2017-07-01

    Full Text Available A global economic context means increased competition as corporations face contenders from other countries, and there is a wider range of choices on the market available to consumers. This global competition drives economic actors to seek competitive edges to increase the efficiency of their operations; within this global economy, corporations seek these advantages, outsourcing their activities in order to make use of the opportunities of globalisation. The same situation can be encountered on the labour market. While the expansion of economic activities globally often means increased employment opportunities, it also means that job seekers from around the world need to become more competitive on the job market to attract better employment opportunities. Workforce competitiveness is determined by various factors, like availability and ease of access (i.e. job market legislation, level and quality of education, and cost. The level and quality of education are of particular concern, as it gauges the potential of the workforce, and is the cornerstone of the controversial “skills gap”, based on a common complaint of corporations regarding a shortage of skilled employees. Acknowledging the importance of this factor, numerous companies have concluded partnerships with local universities, leading to intimate connections between the business environment and education. Thus, in the same manner that supply and demand shape the markets for typical goods and determine the success of a market, these partnerships between universities and corporations influence the labour market, bringing together demand (i.e. the corporations seeking skilled employees and supply (universities and education centres training the future workforce. There are numerous long-term benefits that such partnerships can bring to a country’s education sector. As such, the present paper seeks to examine the strategic importance of partnerships between academia and industry as a key

  1. Research of System Building Basing on the Low Carbon Economy About Carbon Accounting for the Enterprise

    Directory of Open Access Journals (Sweden)

    Yao Liqiong

    2016-01-01

    Full Text Available As global warming has become truth, is developing as a new economic model, The new economic development model has given rise to an important branch of environmental accounting, namely carbon accounting. At first, this paper discusses the carbon accounting theoretical foundation comprehensively, and then analyzes the environment of the construction of the carbon accounting system. The focus of the article is to build enterprise carbon accounting system, it covers the confirmation and measurement, record and information disclosure of the enterprise carbon accounting on the way of low carbon economy, its core is the processing of carbon emission rights, information disclosure mode and content, etc.; The purpose of this paper is to build enterprise carbon accounting system which is suitable for China’s national conditions, in order to provide certain reference and theoretical support for the low carbon economy development of our country.

  2. Forthcoming Issue on Game Theory and Political Economy

    Directory of Open Access Journals (Sweden)

    William D. Ferguson

    2013-09-01

    Full Text Available Game theory offers a rigorous set of concepts, relationships, and models that invite myriad applications to problems of political economy. Indeed, game theory can serve as a fundamental modeling technique that can bridge microfoundations of political and economic exchanges, with developmental processes and macro implications related to growth and distribution. Applications can range from localized interactions within workplaces, firms, political organizations, and community groups; to intermediate-level market, industry, community, or inter-organizational transactions; to encompassing national, regional, population, or global interactions. At any of these levels, game models can illustrate strategic responses of economic or political actors (individuals or organizations to specifiable conditions concerning any or all of the following: prevailing social context—notably informal institutions (such as social norms and formal institutions (such as mutually understood laws and regulations; available information (complete or not; accessible or strategically manipulated; agents’ motivations (material and/or social; and even levels of rationality—substantive (full cognition or bounded (limited cognition. Applicable models may operate on the basis of given institutional context and preference orientations or may explore associated developmental processes, including adaptive social learning. Of particular interest are representations of one or more of the myriad social dilemmas (or collective-action problems that inhabit political economy, associated exercises or distributions of power, and/or representations of potential resolutions to such dilemmas—perhaps with policy implications. Accordingly, this forthcoming issue of Economies seeks game-theoretic models based on classical, evolutionary, behavioral, or epistemic game theory that can be applied to one or more problems in political economy.

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

    Science.gov (United States)

    Huang, Futao

    2011-01-01

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

  4. From Piketty’s Capital to Marx’s das Kapital

    Directory of Open Access Journals (Sweden)

    Øjvind Larsen

    2016-11-01

    Full Text Available Thomas Piketty’s book Capital in the Twenty-First Century has created a very new platform for a discussion of the global economy. There is possibly no other book on economy which has been published in so many languages, printed in so many copies, and has found its way to such a varied global public. Piketty’s Capital has been discussed in many high ranked academic journals, and at the same time, it has come out to a broader audience with advertisements in places like the underground public transportation in metropolises around the world. The title of the book is also very ambitious in so far as the title Capital claims to be a follow up of Karl Marx’s Das Kapital for the twenty-first century. Piketty is similar to Marx in his ambition to give a large historical, or a world historical perspective on the significance of capitalist economy for the development of global society. Given this background it could be interesting to consider the relations between Piketty’s Capital and Marx’s Das Kapital.

  5. Food, Populations and Health — global Patterns and Challenges

    DEFF Research Database (Denmark)

    2016-01-01

    The present volume is based on presentations at a symposium at the Royal Danish Academy of Sciences and Letters in September 2014 with the title Food, Population and Health – global Patterns and Challenges. Food has played a fundamental role in the history of all societies over the World. Availab...

  6. Financial Development and Unemployment in Emerging Market Economies

    Directory of Open Access Journals (Sweden)

    Bayar Yilmaz

    2016-06-01

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

  7. Understanding Educational Reform in Global Context: Economy, Ideology, and the State.

    Science.gov (United States)

    Ginsburg, Mark B., Ed.

    This book presents a set of national case studies on educational reform of higher education that views reform as processes of ideological and social struggles. The titles and authors are as follows: "Educational Reform: Social Struggles, the State and the World Economic System" (Mark B. Ginsburg, et al.); "Restructuring Education…

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

    OpenAIRE

    Dallas Rogers; Michael Darcy

    2014-01-01

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

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

    Science.gov (United States)

    Frenken, Koen

    2017-06-13

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

  10. Political economies and environmental futures for the sharing economy

    Science.gov (United States)

    2017-01-01

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

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

    Science.gov (United States)

    Fischer, Karin

    2012-01-01

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

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

    OpenAIRE

    Hezri, Adnan; Ghazali, Rospidah

    2011-01-01

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

  13. Contemplation for Economists. Towards a Social Economy Based on Empathy and Compassion

    Directory of Open Access Journals (Sweden)

    Krzysztof T. Konecki

    2017-10-01

    Full Text Available The goal of the paper is to present the Buddhist approach to the economy and what we can learn from it. It demonstrates David Loy’s analysis of the meaning of money from the Buddhist perspective. Money becomes a reality symbol and an ego symbol. The paper also presents some conclusions from analysis of Buddhist prescriptions to the economic system according to Frederic Pryor. Stress is put on compassion and ethics, which show the ubiquitous interconnectedness that works for the well-being of the whole society/societies. The Buddhist approach to the economy is connected with pro-social values and compassion, and this paper looks at the contemporary economy and society from this point of view. Contemporary organizations are based on the greed, which is a feature not only of individuals but also of institutions (institutionalized greed. Work on the self-ego is an important practice (contemplation, mindfulness practice and meditation in limiting or eliminating greediness in the social and economic system in which we are immersed, but usually not aware of.

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

    Directory of Open Access Journals (Sweden)

    Dr Mohammad Rafiqul Islam

    2015-02-01

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

  15. Global change and sustainable development. A modelling perspective for the next decade

    International Nuclear Information System (INIS)

    Rotmans, J.; Van Asselt, M.B.A.; De Bruin, A.J.; Den Elzen, M.G.J.; De greef, J.; Hilderink, H.; Hoekstra, A.Y.; Janssen, M.A.; Koester, H.W.; Martens, W.J.M.; Niessen, L.W.; De Vries, H.J.M.

    1994-06-01

    The main objective of the title program is to develop an integrated modelling framework for analysing global change and sustainable development. The framework to be developed is referred to as TARGETS: Tool to Assess Regional and Global Environmental and health Targets for Sustainability. The research is based on a systems-based, integrated modelling approach and has a multi- and interdisciplinary character. A top-down approach is chosen: analysis starts at the global level and will be disaggregated to the level of major world regions. Alliance has been sought with the IMAGE project team in regard to data collection, regionalization and aggregation levels. The modelling framework is to be used by both researchers and policy analysts. In this report attention is paid to the requirements of an integrated systems approach (a multi-disciplinary systems analysis, quantification of uncertainties, and visualization of various system perspectives); the TARGETS model; the use of sustainability indicators to monitor the pressure on, the status of, and the impact on the global environment, which are linked to TARGETS; the scientific and cultural perspectives from which to describe and evaluate the global change phenomenon; the expected results; and finally the organizational embedment of the title programme. 19 figs., 3 tabs., 200 refs

  16. Browse Title Index

    African Journals Online (AJOL)

    Items 1 - 50 of 102 ... Journal of Civil Engineering Research and Practice. ... Economy: The Case of Inter-Regional Traffic Flow in the Lake Victoria Basin, ... Vol 7, No 1 (2010), Application of GIS-Based Spatially Distributed Hydrologic Model in ...

  17. Browse Title Index

    African Journals Online (AJOL)

    Items 51 - 100 of 201 ... Issue, Title. Vol 12, No 1 (2006), Conservative management of cervical ectopic pregnancy: case report, Abstract PDF. TD Naidoo, MR Ramogale, J Moodley. Vol 18, No 2 (2012), Contraceptive use and associated factors among South African youth (18 - 24 years): A population-based survey, Abstract ...

  18. Environmental justice and conceptions of the green economy

    OpenAIRE

    Ehresman, T.G.; Okereke, Chuks

    2015-01-01

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

  19. Observing the economy

    Science.gov (United States)

    Rosenbaum, Stan

    2009-07-01

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

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

    Energy Technology Data Exchange (ETDEWEB)

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

    1995-07-01

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

  1. Three Forms of the Knowledge Economy: Learning, Creativity and Openness

    Science.gov (United States)

    Peters, Michael A.

    2010-01-01

    This paper outlines and reviews three forms and associated discourses of the "knowledge economy": the "learning economy", based on the work of Bengt-Ake Lundvall; the "creative economy" based on the work of Charles Landry, John Howkins and Richard Florida; and the "open knowledge economy" based on the work of Yochai Benkler and others. Arguably,…

  2. Collaborative Economy

    DEFF Research Database (Denmark)

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

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

    Directory of Open Access Journals (Sweden)

    Max Spoor

    2010-04-01

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

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

    OpenAIRE

    Chang, Chia-Lin; McAleer, Michael

    2017-01-01

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

  5. Browse Title Index

    African Journals Online (AJOL)

    Issue, Title. Vol 25, No 2 (2005), Yam-based farm practices and nematode problems in stored yams (Dioscorea spp.) in Ghana, Abstract PDF. CK Kwoseh, RA Plowright, J Bridge, R Asiedu. Vol 27, No 2 (2007), Yield, irrigation production efficiency and economic returns of broccoli under variable drip irrigation and lateral ...

  6. Browse Title Index

    African Journals Online (AJOL)

    Issue, Title. Vol 22, No 2 (2008), Voltammetric determination of heparin based on its interaction with malachite green, Abstract PDF. Xueliang Niu, Weili Zhang, Na Zhao, Wei Sun. Vol 22, No 2 (2008), Voltammetric determination of l-cysteic acid on a 1-[4-(ferrocenyl-ethynyl)phenyl]-1-ethanone modified carbon paste ...

  7. Interorganisational Management in Entrepreneurial Economies

    DEFF Research Database (Denmark)

    Christensen, Poul Rind; Piihl, Jesper

    2004-01-01

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

  8. Civilizational deadlock of the economy of growth

    Directory of Open Access Journals (Sweden)

    Alatartseva Elena

    2016-01-01

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

  9. Social economy and social enterprise

    DEFF Research Database (Denmark)

    Hulgård, Lars

    2011-01-01

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

  10. CIO in a Service Economy

    Science.gov (United States)

    Sorenson, Paul G.

    The role of the Chief Information Officer (CIO) has evolved considerably since its inception in the 1980s. This paper begins with a brief review of the evolution of this role and sets the stage for future change brought about by the rise of the service economy. The enterprise of the future is then characterized based on an important global study by IBM. Using this characterization, the future challenges for CIOs in areas such as strategic planning, governance and operations management of information technology services are assessed from the perspectives of the four major elements of a service system (technology, people, organization and shared information). The paper concludes with a summary of the important findings, pointing to the challenge that CIOs of the future must be the leaders in their organizations in the delivery of smarter, on-demand service systems to smarter customers.

  11. The Spatial Recourses and Limitations of the Russian Economy Modernization: the Example of the North-West Macro Region

    Directory of Open Access Journals (Sweden)

    Sergey Valentinovich Kuznetsov

    2015-09-01

    Full Text Available This paper presents the results of the research dedicated to the role of space in the modernization of the economy of the North-West maсro-region of Russia conducted in 2012–2014, within the framework of the Presidium of Russian Academy of Sciences (RAS №31 "The role of space in the modernization of Russia: natural and socio-economic potential." The analysis is based on the methodology, which was developed at the Institute of Regional Economy of RAS. Possibilities of modernization of the Russian economy are due to competitive advantages, "inherited characteristics" and public policy of regions and major macro-regions development. Recourses of modernization have a spatial component, which significantly affects the positioning of the region, its companies, firms and projects in the globalized geo-economic space. It is noted that the characteristics of multi-factor situation, taking into account the “inherited characteristics” of spatial development, the nature of geopolitical and geo-economic situation, transformation of the socio-economic area, evaluation the role of internal and external factors, including the impact of globalization and the state regional policy, as well as assessment of the role of internal spatial inversion of macro-region and innovation potential of regional development mostly define the corridors for modernization of the economy of the regions. It is found that four groups of factors highlighted in this study allow to take into account the wide range of opportunities and constraints for the modernization of the economy of the North-West macro region. On the basis of interdisciplinary synthesis within the geospatial paradigms, taking into account the developments of domestic economists-regionalists, economic geographers and western views in the framework of the space science, the idea of A. I. Tatarkin about "new sources of territorial competitiveness" was confirmed, by the example of a model region of the North

  12. Lineage of global civil engineering. Global civil engineering no keifu

    Energy Technology Data Exchange (ETDEWEB)

    Hashimoto, M

    1994-04-15

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

  13. Global safety

    Directory of Open Access Journals (Sweden)

    Dorien J. DeTombe

    2010-08-01

    Full Text Available Global Safety is a container concept referring to various threats such as HIV/Aids, floods and terrorism; threats with different causes and different effects. These dangers threaten people, the global economy and the slity of states. Policy making for this kind of threats often lack an overview of the real causes and the interventions are based on a too shallow analysis of the problem, mono-disciplinary and focus mostly only on the effects. It would be more appropriate to develop policy related to these issues by utilizing the approaches, methods and tools that have been developed for complex societal problems. Handling these complex societal problems should be done multidisciplinary instead of mono-disciplinary. In order to give politicians the opportunity to handle complex problems multidisciplinary, multidisciplinary research institutes should be created. These multidisciplinary research institutes would provide politicians with better approaches to handle this type of problem. In these institutes the knowledge necessary for the change of these problems can be created through the use of the Compram methodology which has been developed specifically for handling complex societal problems. In a six step approach, experts, actors and policymakers discuss the content of the problem and the possible changes. The framework method uses interviewing, the Group Decision Room, simulation models and scenario's in a cooperative way. The methodology emphasizes the exchange of knowledge and understanding by communication among and between the experts, actors and politicians meanwhile keeping emotion in mind. The Compram methodology will be further explained in relation to global safety in regard to terrorism, economy, health care and agriculture.

  14. IMPACT OF GLOBALIZATION ON MACROECONOMIC POLICY

    Directory of Open Access Journals (Sweden)

    Clementina IVAN-UNGUREANU

    2008-12-01

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

  15. Community, solidarity-based economy. A practice more than a concept

    OpenAIRE

    Herrán Gómez, P. Javier

    2013-01-01

    Community, solidarity-based economy is seen as a concept, about which no solid criteria has been made. It is put into practice through new ways of production that wager on new ways of cooperation, that reintegrate those who have been excluded from production and consumption. It is characterized for guaranteeing the use of workforce, available resources, and basic needs satisfaction, both material and immaterial. Those who become involved in these processes, make the road toward...

  16. Quality Management in the Knowledge Based Economy – Kaizen Method

    OpenAIRE

    Popa Liliana Viorica

    2010-01-01

    In the knowledge based economy, organisations are influenced by the quality movement, Kaizen, which plays a strategic role for optimization of organizational capabilities of managers as well as of all the employees. Kaizen represents the philosophy of continuous improvement, until the economic activities inside the organisation reach zero deficiencies. In order to implement in a proper manner Kaizen into the organization, managers must decide what to improve, why to improve, who shall improve...

  17. REACHing out to the bio-based economy : Perspectives and challenges of EU chemicals legislation

    NARCIS (Netherlands)

    Luit RJ; Waaijers-van der Loop SL; Heugens EHW; ICH; VSP

    2017-01-01

    The Dutch National Institute for Public Health and the Environment (hereafter: RIVM) recently investigated how the bio-based economy, more specifically the bio-based chemistry sector, relates to the EU REACH Regulation on chemicals. From this investigation, RIVM learnt that REACH may actually be an

  18. Global-minded Human Resources and Expectations for Universities

    Science.gov (United States)

    Inoue, Hiroshi

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

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

    Directory of Open Access Journals (Sweden)

    Brian J. Gareau

    2015-08-01

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

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

    African Journals Online (AJOL)

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

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

    NARCIS (Netherlands)

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

    2011-01-01

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

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

    Institute of Scientific and Technical Information of China (English)

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

    2014-01-01

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

  3. 42 CFR 476.86 - Correlation of Title XI functions with Title XVIII functions.

    Science.gov (United States)

    2010-10-01

    ... 42 Public Health 4 2010-10-01 2010-10-01 false Correlation of Title XI functions with Title XVIII functions. 476.86 Section 476.86 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF...) Qio Review Functions § 476.86 Correlation of Title XI functions with Title XVIII functions. (a...

  4. The Governance of Global Wealth Chains

    DEFF Research Database (Denmark)

    Seabrooke, Leonard; Wigan, Duncan

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

  5. Global warning policy, energy, and the Chinese economy

    International Nuclear Information System (INIS)

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

    1996-01-01

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

  6. An analysis of the economic scenario of Peru and Chile, from the perspective of global competitiveness double diamond

    Directory of Open Access Journals (Sweden)

    Jesús C. Peña-Vinces

    2015-09-01

    Full Text Available Little economies, as the Peruvian and Chilean, are found immersed in the global sand of the emerging economies, so that to evaluate them from a home based point of view (Porter 1990 would be a very limited and not useful approach. This fact makes Porter’s national diamond (1990 to end up, not being enough for that objective (Moon et al. 1998: 135. This paper analyzes the mentioned economies from a global approach, which includes the local market and the foreign market, in other words, to evaluate them from the double diamond perspective of the international competitiveness proposed by Moon et al. (1998, and Moon and Lee (2004: 138.

  7. Approaches about the social and solidarity economy

    Directory of Open Access Journals (Sweden)

    Odalys Labrador Machín

    2017-12-01

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

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

    Directory of Open Access Journals (Sweden)

    Associates Professon Dr. Veronica Adriana Popescu

    2011-05-01

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

  9. SOCIAL ECONOMY AS THE MAINSTREAM OF THE EUROPEAN UNION DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Diana GAFAROVA

    2017-12-01

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

  10. ETHICS IN ACCOUNTING IN THE CONTEXT OF KNOWLEDGE-BASED ECONOMY

    Directory of Open Access Journals (Sweden)

    Marian TAICU

    2017-12-01

    Full Text Available The knowledge-based economy comes with a number of challenges in the field of accounting. Accounting must provide the information that internal and external users need for decision making and, in order to achieve this goal, it is necessary to integrate new IT technologies, standardize reporting and ensure compliance with ethical principles in the accounting profession. The paper aims at presenting the main ethical challenges in accounting in the present and foreseeable contexts.

  11. European Values and Globalization

    Directory of Open Access Journals (Sweden)

    Heinz Theisen

    2011-03-01

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

  12. Renewing Oregon's Economy: Growing Jobs and Industries through Innovation. A Report from the Oregon Council for Knowledge and Economic Development.

    Science.gov (United States)

    2003

    The Oregon Council for Knowledge and Economic Development (OCKED), a collaborative effort among Oregon's higher education institutions, economic development department, and the private sector, is charged with developing strategies to enhance Oregon's economic competitiveness in a knowledge-based, global economy. This report describes the council's…

  13. Loan versus Bond Financing of Czech Companies and the influence of the Global Recession

    Directory of Open Access Journals (Sweden)

    Mačí Jan

    2017-03-01

    Full Text Available European economies are traditionally considered to be bank based regarding the debt financing. However, in times of crises in the bank sector, this feature may indicate a weakness of these economies when the credit squeeze phenomenon may occur and companies’ competitiveness might be negatively affected thanks to unstable financing possibilities. In such conditions, a shift from bank loans to bonds might be expected. That is why this paper focuses on mutual development of corporate bond and business loan markets in the developing Czech economy in the years 2006–2014 with regard to the impacts of the global financial crisis of 2008/2009. The main goal of this article is to identify whether, thanks to the impacts of the global recession in 2009, there was a shift in Czech economy in business financing from the loans to bonds in a similar fashion as in the case of East Asian economies after their financial crisis in the nineties. Since Czech companies practically do not use short-term bonds, a mutual relationship is examined between amounts of long-term corporate bonds and economic development captured by the GDP per capita, and between long-term business loans and development of long-term corporate bonds. The main findings of this study are that since the global financial crisis, bond financing of businesses has been growing faster than loan financing. Czech economy thus shifts and becomes more bond market-based. The development of bond financing is positively correlated with the GDP per capita. Time series of both loans and bonds develop along the same trend. However, residual components are correlated negatively, which confirms the standing of loans and bonds as substitutes. Two main practical implications may be derived from this study. First, a growing usage of bonds increases demands on the market regulator, especially in the field of monitoring. Second, the growing bond market leads to the increased effectiveness, which makes additional

  14. LOGISTICS MANAGEMENT IN THE CONTEMPORARY ECONOMY

    Directory of Open Access Journals (Sweden)

    Ion SARBU

    2014-03-01

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

  15. LOGISTICS MANAGEMENT IN THE CONTEMPORARY ECONOMY

    Directory of Open Access Journals (Sweden)

    Ion SARBU

    2014-01-01

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

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

    International Nuclear Information System (INIS)

    Apalovic, R.

    1995-01-01

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

  17. Safe and Sustainable: Optimizing Material Flows in a Circular Economy

    DEFF Research Database (Denmark)

    Fantke, Peter

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

  18. Signs of political economy

    Directory of Open Access Journals (Sweden)

    Bernard Lamizet

    2015-12-01

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

  19. Globalization drivers and their impact on Lithuanian economic growth and development

    OpenAIRE

    Jatuliavičienė, Gražina; Kučinskienė, Marija

    2005-01-01

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

  20. Design incentives to increase vehicle size created from the U.S. footprint-based fuel economy standards

    International Nuclear Information System (INIS)

    Whitefoot, Kate S.; Skerlos, Steven J.

    2012-01-01

    The recently amended U.S. Corporate Average Fuel Economy (CAFE) standards determine fuel-economy targets based on the footprint (wheelbase by track width) of vehicles such that larger vehicles have lower fuel-economy targets. This paper considers whether these standards create an incentive for firms to increase vehicle size by presenting an oligopolistic-equilibrium model in which automotive firms can modify vehicle dimensions, implement fuel-saving technology features, and trade off acceleration performance and fuel economy. Wide ranges of scenarios for consumer preferences are considered. Results suggest that the footprint-based CAFE standards create an incentive to increase vehicle size except when consumer preference for vehicle size is near its lower bound and preference for acceleration is near its upper bound. In all other simulations, the sales-weighted average vehicle size increases by 2–32%, undermining gains in fuel economy by 1–4 mpg (0.6–1.7 km/L). Carbon-dioxide emissions from these vehicles are 5–15% higher as a result (4.69×10 11 –5.17×10 11 kg for one year of produced vehicles compared to 4.47×10 11 kg with no size changes), which is equivalent to adding 3–10 coal-fired power plants to the electricity grid each year. Furthermore, results suggest that the incentive is larger for light trucks than for passenger cars, which could increase traffic safety risks. - Highlights: ► New U.S. fuel-economy standards may create an incentive to increase vehicle size. ► We model firms as choosing vehicle designs and prices in oligopolistic equilibrium. ► Vehicle size increases 2–32% for 20 out of 21 scenarios of consumer preferences. ► Increases in size reduce fuel economy gains from 5–13%, resulting in 5–15% higher CO 2 emissions. ► Incentive is larger for trucks than cars, which may increase traffic safety risks.