1,808 results on '"Economic Globalization"'
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2. The relationship between economic globalization and ecological footprint: empirical evidence for developed and developing countries
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Yıldız Sağlam Çeliköz, Tuba Yildiz, Ünal Arslan, and Hale Kirmizioğlu
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ecological footprint ,economic globalization ,environment ,panel analysis. ,Agriculture (General) ,S1-972 ,Business ,HF5001-6182 - Abstract
Purpose. The aim of this study is to examine the relationship between economic globalization and the ecological footprint in countries with different levels of development using a Feasible Generalized Least Squares (FGLS) analysis. Methodology / approach. The study covers the years 1970 to 2017 for 65 developed and developing countries. The ecological footprint is the dependent variable in the study’s model, and the GDP and KOF Globalization Index (KOF) index are the independent variables. The CADF panel unit root test, which takes into account cross-sectional dependence, was used to choose the appropriate test method for the analysis. Feasible Generalised Least Square and Westerlund ECM panel cointegration analyses were performed for model estimation. Results. Economic globalization and ecological footprint have a considerable relationship, according to the results of FGLS and Westerlund cointegration analysis. Economic globalization has a long-run negative impact on the ecological footprint. Environmental problems are being addressed as a result of more economic globalization, faster technology development, and consequently decreased usage of natural resources. Furthermore, as globalization and communication technologies develop, societies will have more information on the importance of the environment. As a result, they can show more eco-friendly behavior. Originality / scientific novelty. Several studies in the literature include the cointegration relationship between economic globalization and ecological footprint. Although there are few studies on this topic in the literature, one aspect that distinguishes this study is the use of an estimation method that takes into account the cross-sectional dependent, second-generation unit root tests, FGLS cointegration analysis, and Westerlund ECM analysis. Practical value / implications. The importance of the findings is that increased economic globalization has a negative effect on the ecological footprint. As economic globalization increases, so does communication technology, as well as international trade. Individuals become more environmentally conscious as a result of communication, which generally reduces ecological footprint.
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- 2022
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3. MEASURING THE IMPACT OF GLOBALIZATION ON COUNTRIES USING COMPOSITE INDEXES
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Muhammad Rizwan HUSSAIN
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globalization index ,economic globalization ,kof globalization index (kofgi) ,technological globalization ,social and political globalization ,ernst & young’s annual globalization index ,Business ,HF5001-6182 ,Sociology (General) ,HM401-1281 - Abstract
Consumers, regulators, government institutions, and the media are all directly affected by globalization. Globalization is a recognized economic phenomenon that is often seen as a catalyst for national economic growth and development. The economy, politics, and society have become more intertwined in the last two decades. A trend in one part of the world quickly influences development in other parts. The COVID-19 epidemic is an excellent example of this interdependence. The purpose of this study is to systematically review the literature which deals with the study of composite indices measuring globalization and its impact. This is accomplished by collecting and classifying 65 peer-reviewed publications, primarily from Scopus, Web of Science, and Science Direct, and augmented by a search of existing databases and bibliographies. This review elaborates on the six widely cited globalization indexes. The study will contribute to existing literature and theories by documenting and comparing currently used composite indices. Findings show that despite its shortcomings, the KOFGI is the most popular index with sixty three percent of globalization studies citing it followed by ATK/FP as second most cited index.
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- 2022
4. Determinants of Advancement in Information Communication Technologies and its Prospect under the role of Aggregate and Disaggregate Globalization
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Marc Audi, Amjad Ali, and Razan Al-Masri
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ict ,globalization ,economic globalization ,social globalization ,political globalization. ,Business ,HF5001-6182 - Abstract
Globalization has been witnessed to bring numerous benefits to the advancement in information communication technologies. However, to analyze this relationship mostly aggregate globalization and country-specific studies have been conducted, without considering the importance of disaggregate globalization for advancement in information communication technologies. Therefore, this article aims to examine the impact of aggregate and disaggregate globalization on the advancement of information and communication technologies (ICT) in the case of 87 developed and developing countries for 2000-2019. Panel least square and pairwise Dumitrescu-Hurlin panel causality tests have been used for empirical analysis. We have divided our empirical analysis into six models, i.e. aggregate globalization model for whole sample countries, disaggregate globalization model for whole sample countries, aggregate globalization model for developed countries, disaggregate globalization model for developed countries, aggregate globalization model for developing countries, and disaggregate globalization model for developing countries. Our estimated outcomes of the aggregate globalization model for the whole sample countries and developing countries show that globalization has a positive and significant impact on the advancement of information and communication technology. Our outcomes show that economic globalization, social globalization, political globalization, and availability of physical capital have a positive and significant impact on the advancement of ICT in developing countries. In the case of developed countries, aggregate globalization, political globalization, and social globalization reduce the advancement of ICT, whereas the availability of physical capital and economic globalization are raising the advancement of ICT. The results of the causality test show that all the variables have a causal relationship with each other except some variables of developed countries in the disaggregate globalization model. Our outcomes recommend that developing countries should promote aggregate and disaggregate globalization to achieve the desired level of ICT.
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- 2022
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5. Globalization and the Trending insights of Sustainable Business, Energy and Artificial intelligence for companies: Trends and Values.
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Benabed, Anis and Boeru, Andreea-Cristina
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ECONOMIC globalization ,ARTIFICIAL intelligence ,LITERATURE reviews ,ENERGY development ,GLOBALIZATION ,BUSINESS enterprises - Abstract
This paper investigates and describes Globalization and the trending insights and value of sustainable business, energy and artificial intelligence for companies and the impact of Globalization. The research question are "Has Globalization set up trends for sustainable business, energy and artificial intelligence?" and "what impact, trends and values would be trending companies and busienss?" The research method started with an initial literature review of the relevant literature to the field of research and topic and then in order to go further with research a qualitative quantitative approach was followed using data analysis, description and interpretation. The results showed that a sustainable company is the successful combination of its activity and efficiency, companies and businesses need to incorporate sustainability with respect to the economic, social and environmental aspects to reach values, artificial intelligence can be very useful for companies' development and the improvement of energy resources since it has become an important means in technology and globalization. Artificial intelligence is a sometimes controversial issue that requires more attention from both a utilitarian and an ethical perspective, but currently the use of artificial intelligence is still important. Energy is very important for the economy and companies' operation, traditional energy that rely on oil and gas is still the most compatible. To sum up, in times of globalization companies and business holders should focus on a apply sustainability in business by focus on energy satisfaction and incorporating safe AI to reach values. [ABSTRACT FROM AUTHOR]
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- 2023
6. The Management of the Corruption Phenomenon and its Approaches.
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Ghibanu, Ionuț Adrian, Ștefan, Maria Cristina, Andreiana, Violeta Andreea, and Stoica, Georgiana
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CORRUPTION ,CULTURAL history ,ECONOMIC globalization - Abstract
Corruption is one of the plagues of the modern world that is characteristic especially of the economic, administrative, and political areas. The history of civilization shows us that this phenomenon has existed in the world since the beginning. Still, depending on the era and the measures taken against it, it was more or less developed. From an economic perspective, it is considered to be particularly harmful because it constitutes an obstacle to the healthy, prosperous, and fair development of a nation. In our era, the phenomenon of globalization has acquired very strong valences, unfortunately, and corruption has acquired an impressive development, ripping the fruits of global deepening, especially now that we are also talking about corruption manifested across borders when it affects or is promoted by multinational companies. Of course, the phenomenon of corruption cannot be completely eradicated and there is no country in the world that can boast of such a performance, but firm measures are needed to limit and stop it. Romania has been dealing with this phenomenon for a long time, and the legislative measures, the political will and the pressures of the European institutions should aim, in the medium term, to reduce it. The present article evokes the terminological aspects of the phenomenon of corruption, analyzing its causes and possible solutions, but also a perspective of mathematical modeling of its progression. The study's novelty is given by the deepening of the corruption phenomenon in light of the opportunities offered by the new paradigm of the globalization phenomenon. [ABSTRACT FROM AUTHOR]
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- 2022
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7. GLOBALIZATION OF BUSINESS AND INTERNATIONALIZATION OF COMPANIES AND THEIR IMPACT ON COMPANY MANAGEMENT.
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BRATU, Răducu Ștefan
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POLITICAL slogans ,GLOBALIZATION ,ECONOMIC impact ,DIVISION of labor ,ECONOMIC globalization ,ECONOMIC activity ,TWENTY-first century - Abstract
Over the past few years, globalization has become increasingly popular. In addition to having a theoretical significance, it is also a political and ideological slogan that mobilizes supporters and opponents for certain actions, not just in the sphere of politics, economics, or sociology. A key characteristic of the late 20th and early 21st century world economy is globalization. Despite having been slowed down or blocked in various ways, it has also been strengthened by global institutions that regulate economic activity in various ways. This activity gradually takes on the characteristics of a global strategy, first through regionalization, then more broadly. Several economic factors had an impact on the process of adaptation, including a change in the structure of the world market, the division of labor, and a change in the way "center" and "periphery" were defined. These factors gave birth to a global process that encompassed most countries, giving it a global character. [ABSTRACT FROM AUTHOR]
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- 2022
8. Fiscal competition and public expenditure composition in the era of globalization: Panel data analysis
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Şahin AKKAYA, Ferda Yerdelen TATOĞLU, and Ufuk BAKKAL
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compensation thesis ,economic globalization ,efficiency thesis ,fiscal competition ,public expenditure composition ,panel data ,Business ,HF5001-6182 ,Economic theory. Demography ,HB1-3840 ,Economics as a science ,HB71-74 - Abstract
Amidst the ongoing liberalization of international trade and transnational movement of capital, each nation-state’s fiscal policies have gradually become more dependent on other countries. Developing countries, especially, are forced to make changes to taxation and public expenditure in this era of globalization. It is thus important to understand what kind of relationship exists between globalization and public spending. This study aims to clarify the effects of fiscal competition on public expenditure, from the perspective of the compensation and efficiency theses. These effects currently remain uncertain, despite the growing wave of academic interest in the field. To see how fiscal competition affects the structure of public expenditure, the determinants of public expenditures have been examined for 10 Organization for Economic Co-operation and Development (OECD) countries from 2006-2014. Eleven panel data models have been set up. Public expenditures, as the dependent variable, have been addressed in 10 sub-groups – based on their distribution both as a whole and per their socio-economic functions. Thus, we analyzed the relationship between fiscal competition and both total of public expenditures and the composition of public expenditures. The study thus contributes to the existing literature on fiscal competition. It is observed that corporate tax competition has decreasing effects on all public expenditures. Falling tax revenues due to fiscal competition have the effect of reducing overall public expenditures by decreasing the resources available for use by public policymakers. We can thus evaluate corporate tax competition as having an efficiency increasing effect, by decreasing the government’s share of within the economy.
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- 2021
9. Decoding the Lean Enterprise.
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Toma, Sorin-George, Catană, Ştefan, and Grădinaru, Cătălin
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LEAN management ,ECONOMIC globalization ,BUSINESS success ,TECHNOLOGICAL innovations ,DISRUPTIVE innovations ,COVID-19 pandemic - Abstract
Several factors, such as the rapid adoption of new and disruptive technologies, the COVID-19 pandemic, worldwide expansion of globalization, rising inflation, climate change, demographic shifts, geopolitical instability, and military conflicts, have deeply influenced the economic and business landscape at a global level. The appearance and development of lean philosophy, principles, and practices have proved to represent a turning point in the evolution of the business world and a possible solution for enterprises to cope with these challenges. The paper aims to define and briefly characterize the concept of lean enterprise. To attain the goals of the paper, the authors used a qualitative research method based on a desk research investigation. The paper contributes to a better understanding of the concept of lean, in general, and lean enterprise, in particular. Also, it briefly analyses some of the key characteristics of lean enterprises that lead to their business success. [ABSTRACT FROM AUTHOR]
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- 2022
10. STRATEGIC ANALYSIS AS A TOOL FOR THE FORMATION AND IMPLEMENTATION OF AIR COMPANY DEVELOPMENT STRATEGY
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E.N. Razumova, O.N. Kyrylenko, A.S. Gurina, and V.O. Novak
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strategic analysis ,airline ,modern technologies ,economic globalization ,strategic resources ,Economics as a science ,HB71-74 ,Business ,HF5001-6182 - Abstract
The role of strategic analysis in the activity and ensuring the economic stability of the airline in the modern conditions of economic development is considered. An analysis of approaches to the study of the airline’s external environment in unstable market economic conditions. The specifics of the application of strategic analysis in aviation enterprises are scientifically substantiated. It is established that at the stage of strategic analysis interpret the strategic position of the organization by identifying changes in the economic environment of the organization and determining their impact on the organization and its activities, as well as identifying benefits and resources of the organization depending on such changes. The professionalism of the analysis of the modern airline allows to determine the main time tasks that it wants to perform in the medium and long term to achieve the goal. This limitation in the time period implies that in the process of implementing the strategic plan, the company must repeatedly take corrective action, which at the last stage radically changes the nature and direction of the planned results. Theoretical principles and practical recommendations for the use of strategic analysis as a tool for the formation and implementation of airline development strategy are proposed. Determining a strategic problem in advance increases the time you can respond to it. However, with increasing frequency of possible sudden changes, the degree of their predictability decreases. This means that until sufficient information is received for well-thought-out measures, there is a lack of time to implement them, which could harm the airline or lead to a loss of profitable economic opportunity. Tactical and strategic management in all respects should be based on a scientifically sound methodology of systems analysis to solve emerging problems.
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- 2020
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11. Economic Globalization: Challenges and Threats of the Russian National Security
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Olga Mikhailovna Shevchenko, Alexandr Viktorovich Dyatlov, Zarema Khasambievna Kurmalieva, Yury Grigorievich Volkov, and Alexandr Vasilyevich Popov
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economic globalization ,economic security ,multinational corporations ,economic inequality ,economic sanctions ,Business ,HF5001-6182 ,Economics as a science ,HB71-74 - Abstract
The article considers tendencies and consequences of economic globalization performed mainly in the interests of Western countries. The realities of the contemporary world are hardly optimistic. At the beginning of the third millennium economic globalization leads the global community to a new state defined by a number of constructive and destructive processes. According to the authors, economic globalization not so much integrates the world as strengthens deep economic inequality of regions and countries. “New third world” is represented by the countries and territories where economic and sociocultural structures are fundamentally disrupted. Peculiarities of the development of this “new world” characterize almost all countries of the post-Soviet space. Sharp aggravation of the global competitiveness for the resources, markets, strategic transport communications actualize the problem related to ensuring the economic security of Russia. The article analyzes the twofold impact of economic globalization on national states with the domination of negative consequences for their economies that is a threat for the national security of these societies. The analysis of consequences of the world globalization for the developing countries allows to fix a new form of extremism – economic extremism. The article determines that basic threats of the economic security of Russia may include considerable dependence on the import of technologies and many kinds of consumer goods, turning the country into exclusively the exporter of natural resources, weakening of its positions on the markets of the CIS countries.
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- 2016
12. Research on Financial Investment Decision Based on Artificial Intelligence Algorithm
- Author
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Jiaping Ren
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Finance ,business.industry ,Economic globalization ,Investment (macroeconomics) ,Automation ,Field (computer science) ,Upgrade ,Value (economics) ,Artificial intelligence ,Electrical and Electronic Engineering ,business ,Instrumentation ,Financial services ,Computer technology - Abstract
With the development of world economic globalization, market competition is tremendously increasing. Through recent science and technology, we can conduct a comprehensive exploration and reasonable management of the company’s operation, capital investment and finance. With the rapid development of computer technology, the realization of many accounting models and methods which used to be very complicated has become simple and easy. If enterprises still adopt traditional financial decision-making methods, it will be difficult to enhance their competitiveness. The most important thing in the financial industry is to serve customers and provide them with more accurate and reliable services. The application of artificial intelligence technology in the financial industry will surely drive its intelligence upgrade and efficiency improvement. The research on the application value and strategy of artificial intelligence technology in the financial field is helpful to promote the further development of the financial industry. Based on the characteristics of financial decision-making in the development of new technology, this paper analyzes that traditional financial decision-making support cannot meet the needs of intelligent development of enterprises and proposes that the application of artificial intelligence will improve the accuracy, automation and timeliness of financial decision-making.
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- 2021
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13. Domestic and foreign experience of antimonopoly regulation of the food market in the context of economic globalization
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Anton Anisimov and Marina Anisimova
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Market economy ,Context (language use) ,General Medicine ,Business ,Economic globalization ,Food market - Abstract
The globalization of the economy creates new opportunities for the formation of global food supply chains as a new type of infrastructure, which requires improved antitrust regulation of global food markets. The purpose of this work is to identify trends in the system of antimonopoly regulation of the food market in the context of globalization based on the systematization of the most important research results of foreign and domestic authors and the practice of competition authorities. The work uses the methods of a systematic approach, logical-structural analysis. The study is based on the provisions and conclusions of modern theories of the foundations of competition, competitive advantage. Information and analytical materials of the Federal Antimonopoly Service play an important role in the work. Results. The content of changes in the contours of global food supply chains is revealed, which manifests itself in the complication of the chain around leading large retailers; active education in the chain of new technology companies; improving chain management processes, leading to lower costs. The analysis of theoretical views on antitrust regulation of global food supply chains is carried out, which makes it possible to identify a number of fundamental provisions on which the activities of competition authorities should be based - to stimulate the competitive behavior of participants in the chain. An assessment of the practice of antimonopoly regulation of global food supply chains in a number of countries is given, focusing on a detailed analysis of all links of the chain, identifying constraints on the development of competition in the segments of the chain. The dynamics of the main indicators of the activities of FAS Russia in the food market is presented, indicating an increase in the identified violations in this economy. Attention is focused on new mechanisms for ensuring competition through the technological transfer of innovative material to Russian companies to enhance their competitiveness. Scientific novelty. The trends and features of the development of global food supply chains are identified based on the identification of specific factors in the context of globalization. Some principles of state antimonopoly control of global food supply chains have been formed, which makes it possible to improve the practice of their regulation.
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- 2021
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14. Instability of international trade and approaches to optimal regulation
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A Sergey Lukyanov and N Evgeny Smirnov
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protectionism ,multilateral regulation ,government regulation ,HF5001-6182 ,business.industry ,media_common.quotation_subject ,Supply chain ,Context (language use) ,International trade ,the world trade organization (wto) ,Economic globalization ,Protectionism ,foreign economic activity management ,trade flows ,Bilateral trade ,Goods and services ,trade conflict ,HG1-9999 ,Economics ,Business ,Function (engineering) ,business ,China ,Finance ,media_common - Abstract
International trade regulation is viewed as a key function of managing the flow of goods and services in international exchange. The study analyses the primary challenges in the development and regulation of global trade and establishes the avenues for counteracting structural distortions and imbalances in international exchange. The methodological framework of the research includes the concept of foreign economic activity management and international trade theory. Analysis, synthesis, as well as historical and logical methods were used. The empirical base covers data from world trade statistics in the context of bilateral trade flows between key countries participating in international exchange. The authors propose their own methodology which is based on a descriptive assessment of atypical changes in international trade and stress factors in its development under the influence of the crisis, and takes into account the reliability of participants in international exchange. We prove that economic globalization has a decisive effect on the formation of imbalances and risks of a rise in protectionism in cross border trade. As shown in the research, the COVID-19 pandemic has exerted a special influence on export-oriented countries and global supply chains, which makes the impact of the current crisis on international exchange unprecedentedly inclusive. The current rapid recovery of global trade does not imply it being sustainable in the medium and long term, since foreign trade regulation in the key countries remains uncertain and strained. The progress of world trade multilateral regulation was virtually destroyed, as evidenced by the resumption of the discriminatory measures practice between countries. Strategies for managing the crossborder movement of goods will depend on the depth and effectiveness of mega-regional trade agreements, as well as on the rebalancing of trade between the leading players – the United States and China.
- Published
- 2021
15. Impact of Economic Globalization on Human Capital: Evidence from Nigerian Economy
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Sakiru Adebola Solarin and Olabisi Olabode Eric
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human capital ,economic globalization ,ardl ,nigeria ,Business ,HF5001-6182 ,Economics as a science ,HB71-74 - Abstract
Investment in human capital in relation to global world is to achieve an optimum return in terms of a gainful employment, productivity and high standard of living. This paper uses Autoregressive Distributed Lag (ARDL) model to determine the cointegration, long run and short run elasticities among human capital, economic growth, economic globalization and foreign direct investment (FDI), for the period 1980-2011. The empirical results reveal that there is a long run relationship among the variables tested in this study. Also, economic growth and FDI show a positive impact on human capital and economic globalization indicates a negative impact on human capital in Nigeria.
- Published
- 2015
16. Mitigating energy production-based carbon dioxide emissions in Argentina: the roles of renewable energy and economic globalization
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Muntasir Murshed, Vishal Dagar, Seemran Rashid, Rafael Alvarado, Recep Ulucak, Abdul Rehman, and Solomon Prince Nathaniel
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Sustainable development ,business.industry ,Natural resource economics ,Health, Toxicology and Mutagenesis ,Fossil fuel ,General Medicine ,Economic globalization ,Pollution ,Renewable energy ,Electricity generation ,Kuznets curve ,Greenhouse gas ,Economics ,Environmental Chemistry ,Electricity ,business - Abstract
© 2021, The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.The energy sector of Argentina is predominantly reliant on fossil fuels. Consequently, such fossil fuel dependency within the nation’s power sector, in particular, has aggravated the environmental quality in Argentina by amplifying the nation’s energy production-based carbon emission levels. However, keeping into consideration the international commitments pledged by Argentina under the Paris Accord and the Sustainable Development Goals agenda, it is pertinent for this South American country to curb its energy production-based emission of greenhouse gases, especially carbon dioxide. Against this milieu, this study examines the impacts of renewable electricity generation, economic globalization, economic growth, and urbanization on carbon dioxide emissions generated from the production of electricity and heat in the context of Argentina. Using annual frequency data from 1971 to 2016, recent econometric methods are applied to control for multiple structural breaks in the data. The major findings from the ecnometric analyses affirmed long-run associations between renewable electricity generation, economic globalization, economic growth, urbanization, and energy production-based carbon dioxide emissions in Argentina. Besides, enhancing renewable electricity output shares is found to curb these emissions while economic globalization and urbanization are witnessed to boost them. Moreover, renewable electricity generation and economic globalization are found to jointly reduce the energy production-related carbon dioxide emissions in Argentina. The results also validate the authenticity of the Environmental Kuznets Curve (EKC) hypothesis. Finally, the causality analysis reveals evidence of unidirectional causalities running from renewable electricity generation, economic globalization, economic growth, and urbanization to energy production-related carbon dioxide emissions in Argentina. In line with these findings, this study recommends several viable policies which can be implemented to help Argentina control the growth of its energy production-based carbon dioxide emissions.
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- 2021
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17. The relationship between coupling open innovation and innovation performance: the moderating effect of platform openness
- Author
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Jie Zhao
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Competition (economics) ,Coupling (computer programming) ,business.industry ,Strategy and Management ,Openness to experience ,The Internet ,Business ,Management Science and Operations Research ,Economic globalization ,Industrial organization ,Open innovation - Abstract
With the deepening of economic globalisation and the rapid development of the Internet, open innovation has become the main innovation paradigm for enterprises to win a competition. There are three...
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- 2021
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18. Glocalization – An Objective Condition for a Successful Management of the Multinational Companies in the Context of the Economic Globalization
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Cristian-Lucian Stanciu and Leontin Stanciu
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Military Science ,Market economy ,Multinational corporation ,Glocalization ,economic glocalization multinational companies ,Context (language use) ,economic globalization ,General Medicine ,Business ,Economic globalization ,globalization ,management - Abstract
Currently, one of the most concise expressions of the phenomenon of economic globalization is the extent of the organization of production on a global or regional basis and the integration on new criteria, of a functional nature, of the activities within it. A decisive role in the organization of production processes abroad is played by multinational companies, which, in order to achieve their objectives, most “export” not only know-how, but also management methods and techniques, applicable in the countries of origin. In this article, the authors aim to identify and highlight the main arguments that support the glocalization as an objective necessity and, at the same time, a viable solution to achieving a successful management of the multinational companies, to ensure a win-win relationship between them and the communities and the local markets in which they operate, in the context of economic globalization.
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- 2021
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19. Globalization/deglobalization: lessons from liberal monetary orders
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Mark R Brawley
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Deglobalization? The future of the liberal international order ,financial crises ,AcademicSubjects/SOC02270 ,Sociology and Political Science ,business.industry ,Distribution (economics) ,Deglobalization ,Economic globalization ,Globalization ,Iaffai/5 ,Order (exchange) ,Argument ,international political economy ,Political economy ,international finance ,Political Science and International Relations ,International political economy ,Economics ,business ,International finance - Abstract
Economic globalization never proceeded in a smooth steady trajectory. The current international economy, organized around liberal principles, faces potential problems unleashed by the COVID-19 pandemic. Two popular theoretical approaches offer varying reasons for the survivability of the contemporary order. One stresses the benefits associated with participating in liberal international orders, claiming such arrangements are essentially self-sustaining. The rival view emphasizes the uneven distribution of gains, emphasizing the role of leadership, especially for dampening crises. To examine the support for each argument, I examine the evolution of international monetary arrangements. International monetary orders lie at the heart of liberal international economies; no prior liberal monetary order has proven self-sustaining. Liberal international monetary sub-orders depend upon leadership as much as cooperation for their survival—leaders exert efforts to shape followers' actions so long as the leader draws sufficient benefits to make such efforts worthwhile. The economic disruption caused by the COVID-19 pandemic provides the latest illustration of this point, though these arguments also suggest experiences across issue-areas will vary.
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- 2021
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20. Studying Higher Education Internationalization: New Methods and Approaches
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Higher education ,business.industry ,media_common.quotation_subject ,Public relations ,Economic globalization ,First class ,Internationalization of Higher Education ,Globalization ,Internationalization ,Leverage (negotiation) ,Political science ,Contradiction ,business ,media_common - Abstract
This research paper studies trends and hotspots of management internationalization in the sphere of higher education. The survey is based on CiteSpace visualization technology and on the corpus approach to studying keywords and annotations for 2010–2021 publications in 25 major higher education journals. Keywords analysis by CiteSpace showed that the hotspots of the management internationalization research are focused on postgraduate education management, on the projects «Double First Class University Plan», «Greater Bay Area», «Cooperation in Running Schools», etc. The future possible areas of investigation are the «local internationalization» of university management, the internationa lization of management in terms of international-level specialties and first-class universities’ nationalization, as well as the contradiction of the «spillover effect» between university management and cross-university cooperation. The corpus-based analysis showed that over the past 12 years the studies of internationalization of higher education and its mana gement have been carried out within the large-scale project «One Belt – One Road» and economic globalization. These studies include the modules of universities’ development, university education, academic research, school management strategy, etc. To effectively address the challenges faced by higher education internationalization management, the aut hors propose to take advantage of consistent teaching quality and to leverage regional and local resources, so as to create a multidimensional platform that would interconnect talents and ways to use them. Of no less importance, when summarizing such experience, is it to take into account the historical background, so that this platform, certainly engaging state policy, would allow a reform of higher education globalization for its further development.
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- 2021
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21. Contemporary Entrepreneurship: Change process - Leadership – Innovation
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Oman Sefaj
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Entrepreneurship ,Market economy ,Process (engineering) ,Order (exchange) ,Change management ,Business ,Economic globalization ,Merge (linguistics) ,Business environment - Abstract
Change management is a key issue for the survival and realization of organizational objectives in today's business environment, which is changing in different ways. Change has become a necessary constant for companies that need to change in order to remain competitive in the market. The ability to manage this change is seen as a basic skill of successful enterprises in contemporary entrepreneurship. These changes are undoubtedly manifested both locally and internationally. Economic globalization as an integrator has caused these two levels to merge into one, causing the difference between them to fade. This integration has been very intense lately. Leadership as the process by which an individual influences a group to achieve a common goal. Process means systematic and continuous actions and ways by which the leader influences subordinates. It should be noted that leadership is not a linear process but an interactive process and requires adaptation and innovation. Entrepreneurship and innovation in developing countries but also in developed countries in the contemporary era is influencing in all aspects of business development. This research for Kosovo condition confirms the following results: that the change process is an integral and necessary part of day-to-day management in these enterprises, identifying leadership challenges in implementing the change process and adapting enterprises to the contemporary environment continues to be vital to performance profitability and competitiveness. Answering research questions requires testing the relationships between variables (type of change, process factors, and success of the change). Testing of these connections is enabled using quantitative methods. As a result, the use of questionnaires as a method for data collection in this paper enables: research and analysis of possible relationships between the variables taken in the study, and tends to 'open' issues that will be of interest to be explored in the future. These leadership activities, adapting the efforts to maximize the existing opportunities in the environment of strong competition and following the contemporary development trends in the enterprise have been researched during the processes of change in the enterprise are: creating a strong leadership team to lead the processes, develop a vision to assist and guide efforts to achieve strategic objectives, designing and communicating the strategy to achieve the planned results, providing training and career development for employees to understand, reduce resistance and motivate to achieve the mission and vision of the enterprise.
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- 2021
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22. The Influence of Industrial Industry Structure Change on Chinese Education Structure
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Jiajia Yu Et al.
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Structure (mathematical logic) ,Process (engineering) ,General Chemical Engineering ,Functional expansion ,General Materials Science ,Chinese education ,Business ,Economic globalization ,Industrial and Manufacturing Engineering ,Industrial organization - Abstract
With the continuous development of economic globalization, changes in the industrial structure have become an indispensable material basis in the current process of social and economic changes. Optimize and develop the internal structure of each industry, especially industrial industry,and use the functional expansion of the industrial structure as a transformation model to promote the educational structure, thereby realizing the upgrading of the economic development industry.
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- 2021
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23. Exploration of talent mining based on machine learning and the influence of knowledge acquisition
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Bo Gao
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Sustainable development ,Knowledge management ,business.industry ,Management of Technology and Innovation ,Perspective (graphical) ,Sustainable innovation ,Library and Information Sciences ,Business and International Management ,business ,Economic globalization ,Knowledge acquisition ,High tech ,Management Information Systems - Abstract
Under the background of economic globalisation, to promote the sustainable development of enterprises, sustainable innovation performance is explored for enterprises from the perspective of knowled...
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- 2021
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24. Economic Globalization: Types and Its Positive & Negative Impacts
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Phakir Singh Negi and Astha Chaudhary
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Globalization ,Goods and services ,Capital (economics) ,Scale (social sciences) ,Development economics ,Foreign language ,Business ,Economic globalization ,Competence (human resources) ,Variety (cybernetics) - Abstract
The study of this paper related to globalization and the main concerns on Economic globalization which is referred to the mobility of people, capital, technology, goods and services internationally. Economic globalization includes those people. They are well familiar with the international economic situation. Are several characteristics such as competence of the legal and cultural structures of other nations, foreign languages and advanced technology. In simple words, Economic globalization is related to the increasing interdependence of world economies which results in the growing scale of flow of international capital, cross-border trade of commodities and services, and wide and rapid spread of technologies. This paper explores how the natural types of globalization are negative and positive impacts on economic globalization. Economic globalization involves a wide variety of processes, opportunities and problems related to the spread of economic activities among countries in the world.
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- 2021
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25. Pandemic as the Trigger for a New Phase of Globalization
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Ludmila L. Zobova, Svetlana A. Mukhamedieva, and Elena K. Evdokimova
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HF5001-6182 ,Process (engineering) ,pandemic ,media_common.quotation_subject ,General Medicine ,Economic globalization ,Phase (combat) ,Interdependence ,Globalization ,World economy ,Periodization ,Pandemic ,periodization criteria of globalization ,Economics ,Business ,Economic system ,globalization ,media_common - Abstract
The modern world is a world of global trends. Studies often do not take into account the nonlinearity of the process and create the appearance of automatically deepening and expanding global processes that affect all areas of life. Globalization is considered in the article as a non-linear process of spatial interaction, mutual influence and interdependence of the world economy subjects. One of the main periodization criteria of economic globalization is the qualitative changes in spatio-temporal relations. Thepurpose of the paper is to justify the reasons for the emergence of a new phase of globalization. The pandemic has triggered a serious blow to the global interdependent economy. This means that globalization is entering a new phase.
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- 2021
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26. Analysis on the Motivations, Experiences, and Lessons of Chinese Enterprises’ Overseas Investment
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Wenxiu Qin, Yingman Wang, and Ang Li
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Politics ,International investment ,Market economy ,Order (business) ,Geology ,Ocean Engineering ,Business ,Foreign direct investment ,Economic globalization ,Investment (macroeconomics) ,Water Science and Technology - Abstract
With the economic globalization, increasing numbers of Chinese entrepreneurs have taken an interest in international investments and acquisitions in order to expand their business territories around the world. Based on various motivations for international investments, this paper analyzed the challenges faced by Wanda, Fuyao Glass, and Fosun in regard to different business backgrounds and models, cultural concepts, as well as the changing global political and economic environments in addition to summarizing their experiences and lessons from international investments.
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- 2021
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27. Features of the development of light industry in foreign countries
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Consumption (economics) ,education.field_of_study ,Economic policy ,Industrial production ,Population ,Light industry ,Context (language use) ,General Medicine ,030204 cardiovascular system & hematology ,Economic globalization ,03 medical and health sciences ,0302 clinical medicine ,Economic security ,Political strategy ,030211 gastroenterology & hepatology ,Business ,education - Abstract
The purpose of the article is to review the foreign practice of the development of light industry and identify its features. The head of state identified the problem of ensuring the competitiveness of domestic enterprises as the most important direction of the political strategy. The modern international policy of Kazakhstan is aimed at integrating the country into the world economic community. In the context of economic globalization, ensuring the competitiveness of enterprises is a determining factor in their security and the economic security of the state as a whole. The accession of the republic to the WTO in the near future dictates the need to develop competitive industrial production, including light industry. Light industry plays an important role in the economy of each country, since it is a serious source of budgetary funds and has significant export potential. The state of the light industry affects the economic and strategic security of the country. The socio-economic significance of this industry is determined by the fact that it plays an important role in ensuring the employment of the working-age population, especially women, and has an impact on people's health. Light industry products are used in all spheres of human activity and are second only to food products in terms of consumption. Due to this, light industry is designated in Kazakhstan as a priority industry.
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- 2021
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28. The effect of agriculture, renewable energy production, and globalization on CO2 emissions in Turkey: A bootstrap ARDL approach
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Suleyman Yurtkuran
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Distributed lag ,060102 archaeology ,Cointegration ,Renewable Energy, Sustainability and the Environment ,business.industry ,020209 energy ,Environmental pollution ,06 humanities and the arts ,02 engineering and technology ,Economic globalization ,Renewable energy ,Globalization ,Agriculture ,Ordinary least squares ,0202 electrical engineering, electronic engineering, information engineering ,Econometrics ,Economics ,0601 history and archaeology ,business - Abstract
This study investigates the impact of agriculture, renewable energy production, and globalization on CO2 emissions in Turkey between 1970 and 2017 using the Gregory–Hansen cointegration test, bootstrap autoregressive distributed lag (ARDL) approach, fully modified ordinary least squares, and dynamic ordinary least squares long-run estimators. The political, social, and economic KOF indices are used as explanatory variables. The results of the Gregory–Hansen cointegration test and bootstrap ARDL approach indicate a cointegration relationship between the variables. The long-run estimators reveal that agriculture, renewable energy production, and economic globalization increase environmental pollution. Therefore, this study confirms the undesirable impact of these variables on CO2 emissions. The positive economic globalization coefficient indicates that the scale effect is valid in Turkey. In addition, the crisis in 2001 slowed the economic growth rate in the country, which decreased environmental pollution. Based on the findings of this study, various recommendations are provided for Turkish policymakers.
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- 2021
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29. Understanding the relationship between natural resources, renewable energy consumption, economic factors, globalization and <scp> CO 2 </scp> emissions in developed and developing countries
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Bashir Muhammad and Sher Khan
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Globalization ,Electricity generation ,Natural resource economics ,business.industry ,Economics ,Developing country ,Fixed effects model ,Electricity ,business ,Economic globalization ,Natural resource ,General Environmental Science ,Renewable energy - Abstract
This study is not only important for policy creators but also useful for governments of both developed and developing countries in which to improve their carbon dioxide (CO2) emissions and also to maintain growth in renewable electricity production. This study is concerned with the impact that renewable energy consumption, economic factors, globalisation and natural resources have on CO2 emissions in 31 developed and 155 developing countries over the period 1991 to 2018, and utilises time pair dynamic fixed effect and time pair dynamic generalised method of moments (GMM) and system generalised method of moments (system GMM) estimators. The results indicate that renewable energy and social globalisation play a very important role in a CO2 emission reduction of both developed and developing countries. Moreover, in developed countries fuel exports, economic growth, and economic globalisation increase CO2 emissions. Although in developing countries, fuel exports and economic globalisation reduce CO2 emissions, and economic growth and political globalisation increase CO2 emissions. Therefore, policy implications are suggested for both the developed and developing countries' not only for environmental reasons, but also for sustaining growth in fuel exports and for increasing renewable electricity.
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- 2021
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30. Liberalism and Newliberalism : Liberalism in Indonesia 1999-2013
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Miftahuddin Miftahuddin and Ahmad Shodik
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Globalization ,Market economy ,Extortion ,Liberalization ,General Engineering ,Developing country ,Foreign direct investment ,Business ,Capitalism ,Economic globalization ,Liberalism (international relations) - Abstract
The Indonesian state is authentically a country that is abundant in terms of its natural resources (SDA). The islands from Sabang to Marauke are lined with abundant and varied wealth. Starting from gold, silver, spices and so on. However, the poor state of Indonesia at this time then raises a question mark, why are Indonesia's natural resource assets which spill over cannot support the benefit of the country, instead being followed by bitterness? This problem is very complex and must be searched for causes and solutions found. The goal is so that the Indonesian state does not go bankrupt and become a country that runs aground. Indonesia is entangled in the wave of globalization which is pulling slowly into the valley of destruction. Globalization is sown through these agencies using "nirvana" propaganda for the newly developing countries, including Indonesia. Because, in principle, globalization is nothing more than a camouflage for the expansion of international capitalism which always creates new targets. The collapse caused by the scour of globalization is a historical crisis of authority and extortion of one state to another. One of the fruits of the squeezing of economic globalization is that many laws have a neoliberal flavor. It is clear that the law provides space for international companies to participate in making a profit in Indonesia. Starting from 1999-2012, there were at least 39 laws that led to liberalization. One of the effects of the direction of opening up to foreign capital is that it dominates the agricultural sector. In 2011, foreign investment was dominated by 4 countries: Singapore, the United States, Japan and the UK, covering mining, electricity, gas, water, transportation and agriculture.
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- 2021
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31. Türkiye’nin Yerel ve Bölgesel Otoriteleri İhracata Dayalı Şehir Rekabetçiliğini Önemsiyor mu?
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Orkun Demirbağ, Kübra Şimşek Demirbağ, and Muhlis Özdemir
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Geography, Planning and Development ,TOPSIS ,Yeni ekonomik coğrafya,Rekabet üstünlüğü,Kent rekabetçiliği,Stratejik plan,TOPSIS,İçerik analizi ,Management, Monitoring, Policy and Law ,Economic globalization ,Competition (economics) ,Important research ,Social ,New economic geography,Competitive advantage,City competitiveness,Strategic plan,TOPSIS,Content analysis ,Regional development ,Content analysis ,Agency (sociology) ,Regional science ,Business ,Sosyal - Abstract
Economic globalization has directly influenced local dynamics and ensured that city competitiveness, which is a new form of competition, takes its place in the literature. Although there are many studies on urban competitiveness, contribution of local and regional authorities to city competitiveness is still an important research gap. This paper focused on the concept of “export” as an indicator of competitiveness and cities in Turkey were subjected to analysis using TOPSIS method based on export values between 2015 and 2017. According to the results of the analysis, top ten cities are Istanbul, Izmir, Bursa, Gaziantep, Kocaeli, Trabzon, Mersin, Ankara, Manisa and Hatay, respectively. Content analysis was also conducted to find out whether there is an emphasis on competitiveness in Strategic and Regional Plans created by local and regional authorities such as the municipality, chamber of commerce and industry, and regional development agency., Ekonomik globalleşme, yerel dinamikleri doğrudan etkilemiş ve rekabetin yeni bir formu olan kent rekabetçiliğinin literatürde kendisine yer bulmasını sağlamıştır. Kent rekabetçiliğine yönelik çalışmalar yapılmış olmasına rağmen, yerel ve bölgesel otoritelerin kent rekabetçiliğine olan katkıları hâlâ önemli bir araştırma boşluğudur. Bu çalışmada, rekabetçilik göstergesi olarak “ihracat” kavramına odaklanılmış ve Türkiye’deki kentler 2015-2017 yılları arasındaki ihracat değerlerine göre TOPSIS yöntemi ile analize tabi tutulmuştur. İlk on sırayı İstanbul, İzmir, Bursa, Gaziantep, Kocaeli, Trabzon, Mersin, Ankara, Manisa ve Hatay illeri paylaşmaktadır. Bu illerin belediye, ticaret-sanayi odası ve bölgesel kalkınma ajansı gibi otoriteleri tarafından hazırlanan Stratejik/Bölge Planlarında rekabetçiliğe ilişkin vurgular içerik analizi ile irdelenmiştir.
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- 2021
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32. The impact of new relationship learning on artificial intelligence technology innovation
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Chao Fang, Ying Dong, and Ying Xue
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Artificial intelligence ,Information Systems and Management ,HF5001-6182 ,Emerging technologies ,Strategy and Management ,Relationship learning ,ComputerApplications_COMPUTERSINOTHERSYSTEMS ,050905 science studies ,Economic globalization ,Competition (economics) ,Strategic goal ,Integrated development ,Management of Technology and Innovation ,0502 economics and business ,Business ,China ,Technology innovation ,business.industry ,Information sharing ,05 social sciences ,Technological innovation ,0509 other social sciences ,050203 business & management - Abstract
Economic globalization makes the competition among organizations increasingly fierce, and the “dependence relationship” among organizations is of particular importance. It is found that the influence of relationship learning (based on organizational relationships) on the technological innovation of organizations has become increasingly prominent. Artificial intelligence (AI) technology, as a subversive emerging technology which is rapidly globalizing, is currently in a high-speed development stage. China’s AI technology is showing a trend of rapid development in the civilian market, and its application in the military field has also risen as the country’s top-level strategic goal. At present, the research and development (R&D) system in the military and civilian markets is relatively independent, and the development of AI technology in civil and military applications is not balanced. This will hinder the AI technology innovation in the future. To promote the balanced development of AI technology in both military and civilian applications, it is necessary to establish a new organizational relationship of “integrated development” among military and civilian R&D organizations. The relationship learning based on “integrated development” will help organizations quickly open up the information sharing channels, rapidly improve the ability of common understanding, promote the continuous improvement of relationship memory, and provide favorable support for promoting the innovation and development of AI technology in China.
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- 2021
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33. Development of Economic Globalization and the Role of Sovereign States
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Jang Hee Lee
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business.industry ,Political science ,General Earth and Planetary Sciences ,International trade ,Economic globalization ,business ,General Environmental Science ,Sovereign state - Published
- 2021
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34. Supply Chain Inventory Collaborative Management and Information Sharing Mechanism Based on Cloud Computing and 5G Internet of Things
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Fuan Zhang and Zhenzhi Gong
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Supply chain management ,Process management ,Article Subject ,Computer science ,business.industry ,General Mathematics ,Information sharing ,Supply chain ,General Engineering ,020206 networking & telecommunications ,Cloud computing ,02 engineering and technology ,Demand forecasting ,Engineering (General). Civil engineering (General) ,Economic globalization ,Value of information ,Bullwhip effect ,QA1-939 ,0202 electrical engineering, electronic engineering, information engineering ,020201 artificial intelligence & image processing ,TA1-2040 ,Bullwhip ,business ,Mathematics ,Information exchange - Abstract
With the development of economic globalization, the competition among enterprises is increasingly fierce. Therefore, companies need close information sharing to realize the integration of supply chain. This article aims to study the collaborative management and information sharing mechanism of supply chain inventory based on cloud computing and 5G Internet of Things. This article first introduces the theory and methods of collaborative supply chain management and the information exchange mechanism and then discusses the problem of information sharing in the supply chain, that is, the bullwhip phenomenon, and then from the demand forecast, supply chain structure, time lag, and shortage game, six aspects are analyzed. The cause of the bullwhip phenomenon is analyzed. Secondly, this article proposes a quantitative analysis of the bullwhip effect, establishes a mathematical model of the bullwhip effect in the supply chain, and uses quantitative analysis to analyze the value of information sharing in the supply chain. Finally, this article uses cloud computing technology to build a supply chain information collaboration system architecture and uses EPC Internet of Things to build a supply chain information sharing model and describes the entire operation process of the supply chain. The experimental results of this paper show that the application of cloud computing technology to supply chain management establishes a system platform for supply chain information sharing, improves the overall operational efficiency of supply chain management, and realizes supply chain information sharing and business collaboration. In addition, the operating costs and risks of each node enterprise in the supply chain are reduced by 12% compared with the nonsharing situation, which also shows that the overall benefits of the supply chain have been correspondingly improved and market competitiveness has been enhanced.
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- 2021
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35. Do educational levels influence the environmental quality? The role of renewable and non-renewable energy demand in selected BRICS countries with a new policy perspective
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Hrushikesh Mallick, Mantu Kumar Mahalik, and Hemachandra Padhan
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Consumption (economics) ,060102 archaeology ,Renewable Energy, Sustainability and the Environment ,Natural resource economics ,business.industry ,020209 energy ,06 humanities and the arts ,02 engineering and technology ,Energy consumption ,Economic globalization ,Renewable energy ,Globalization ,Greenhouse gas ,0202 electrical engineering, electronic engineering, information engineering ,Per capita ,Economics ,0601 history and archaeology ,business ,Non-renewable resource - Abstract
Using panel data from 1990-2015 for selected BRICS (Brazil, India, China and South Africa) countries, the study empirically evaluates the role of primary and secondary education levels in curbing carbon emissions along with incorporating the changes in the pattern of energy consumption based on renewable and non-renewable energy consumption, real economic growth, urbanization and economic globalization as additional determinants in per capita CO2 emission function. Using random effect and system GMM techniques, the study reveals that primary education and non-renewable energy consumption along with total energy consumption, economic growth and globalization contribute to rising carbon emissions, whereas secondary education, urbanization and renewable energy consumption contribute to improving environmental quality via reducing carbon emissions. From a policy perspective, it suggests that policymakers and governments should put more efforts in promoting investment on higher education levels and expand green cities-driven urbanization, incentivize the society for a massive switch from adoption of non-renewable energy to renewable energy for economic activities in order to achieve sustainable environmental quality in emerging economies.
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- 2021
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36. A review of industrial big data for decision making in intelligent manufacturing
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Yuling Shang, Chen Yaqiong, and Chunquan Li
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Artificial intelligence ,Intelligent manufacturing ,Computer Networks and Communications ,Computer science ,020209 energy ,Big data ,Knowledge value ,02 engineering and technology ,Economic globalization ,Field (computer science) ,Biomaterials ,Manufacturing ,0202 electrical engineering, electronic engineering, information engineering ,Big data-driven technology ,Civil and Structural Engineering ,Fluid Flow and Transfer Processes ,business.industry ,Mechanical Engineering ,020208 electrical & electronic engineering ,Metals and Alloys ,Engineering (General). Civil engineering (General) ,Electronic, Optical and Magnetic Materials ,Engineering management ,Conceptual framework ,Hardware and Architecture ,Key (cryptography) ,TA1-2040 ,business ,Industrial big data ,Decision-making - Abstract
Under the trend of economic globalization, intelligent manufacturing has attracted a lot of attention from academic and industry. Related enabling technologies make manufacturing industry more intelligent. As one of the key technologies in artificial intelligence, big data driven analysis improves the market competitiveness of manufacturing industry by mining the hidden knowledge value and potential ability of industrial big data, and helps enterprise leaders make wise decisions in various complex manufacturing environments. This paper provides a theoretical analysis basis for big data-driven technology to guide decision-making in intelligent manufacturing, fully demonstrating the practicability of big data-driven technology in the intelligent manufacturing industry, including key advantages and internal motivation. A conceptual framework of intelligent decision-making based on industrial big data-driven technology is proposed in this study, which provides valuable insights and thoughts for the severe challenges and future research directions in this field.
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- 2022
37. Factors Shaping Exports of Cultural Goods from Pakistan
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Saba Salim and Zafar Mahmood
- Subjects
Transaction cost ,Bilateral trade ,Liberalization ,Gravity model of trade ,International economics ,Business ,Inclusive growth ,Landlocked country ,Trade barrier ,Economic globalization - Abstract
In the era of economic globalization, cultural goods trade has assumed a vital role in overall bilateral trade. It has become an emerging and transformative force behind socio-cultural-economic development and an important source of inclusive growth. Once virtually unlocked, trade in cultural goods is now fast growing with world-wide market openings. Trade liberalisation in cultural goods thus needs to be treated as a priority policy issue in multilateral and regional trade negotiations. Despite large potential of exports in cultural goods, Pakistan has been unsuccessful in realizing it. This is mainly because of lack of due attention given to it by the policymakers. In this regard, this paper makes a beginning to investigate the determinants of cultural goods exports from Pakistan for the period 2003-2012 with its 157 trading partner countries. The Gravity model is used to identify factors that determine exports of cultural goods. Six major categories of cultural goods are used for the purpose of estimation. Results indicate that size of Pakistan and its trading partner countries’ markets as well as distance among them are important determinants of exports in cultural goods. Specifically, cultural goods exports are strongly and positively influenced by the growth of the GDP in Pakistan, while the trading partner countries’ GDP growth negatively influence cultural goods’ exports. Distance, representing transaction costs and trade barriers, negatively affect exports of cultural goods; while colonial ties, common language, common border and land area of the trading partners positively influence the export of cultural goods. Exports of cultural goods to landlocked countries are lower than other trading partner countries.
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- 2021
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38. IMPROVEMENT OF THE METHODOLOGICAL APPROACH TO ASSESSING THE IMPACT OF PUBLIC GOVERNANCE ON ENSURING THE ECONOMIC SECURITY OF THE STATE
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O. O. Akimov, V. Dmitrenko, Iryna Mihus, L. M. Akimova, and Ya. Koval
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education.field_of_study ,World economy ,National security ,Social protection ,business.industry ,Economic policy ,Corporate governance ,Population ,Economic security ,Business ,Economic globalization ,education ,Transparency (behavior) - Abstract
Ensuring economic security is a guarantee of independence and autonomy of the state, an integral condition for stability and effective functioning of society. Given the development of the world economy, ensuring the economic security of Ukraine, which is the basis of national security, is becoming an increasingly urgent problem. The formation of the system of economic security of Ukraine takes place in the conditions of economic globalization, which can not but affect the national interests and trends of socio-economic development of the country. It is to address this result that the issue of regulating the role and place of economic security in the general system of public administration mechanisms in Ukraine arises. In today’s realities there is a negative trend of increasing influence of external and internal threats on the activities of the state and its management. The modern concept of state development provides a single set of requirements for its institutions: openness of legal and economic systems; transparency of the mechanism of public administration, its economic, legal and information support; protection of economic interests of the state, social protection of life and health of the population, etc. Improving the management of economic processes in the state should begin with the development of a clear procedure and mechanisms for identifying and neutralizing threats in the system, which will contribute to the development of effective economic policy, state control over the socio-economic system, objective prioritization of economic reform, etc. Assessment of the current state of economic regulation has revealed that the main energy of the executive branch is spent not on overcoming the causes that provoke illegitimate phenomena, but on combating their consequences, so it requires the development of effective mechanisms for public administration of economic security. Keywords: evaluation, public administration, economic security, state, methodological approach. JEL Classification H83, H44, E44, L51, F52 Formulas: 9; fig.: 1; tabl.: 6; bibl.: 33.
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- 2021
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39. ECONOMIC AND LEGAL ASPECTS OF ENSURING FIANCIAL AND ECONOMIC SECURITY IN THE CONDITIONS OF EUROECONOMIC INTEGRATION
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O. P. Uhrovetskyi, I. V. Hubanova, and O. V. Anishchenko
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Globalization ,European integration ,Economic security ,Openness to experience ,media_common.cataloged_instance ,Context (language use) ,Business ,Duration (project management) ,European union ,Economic system ,Economic globalization ,media_common - Abstract
In recent years, Ukraine has been striving to join the European Union and has a strategic objective to establish itself as a successful European state with a competitive economy integrated into the European one. A synthesis of recent studies suggests that in the context of economic globalization and the openness of the national economy for each country, the problem of ensuring financial and economic security becomes extremely important. It has been established that financial and economic security is indeed closely connected with the processes of European integration and has a number of problems, the solution of which should take place at the state level. However, given the uncertainty regarding the duration of implementation and the effectiveness of economic and legal state measures to ensure financial and economic security, it is proposed to consider the development of ways to prevent possible threats and minimize their negative impacts as primary measures to create a system for ensuring financial and economic security.
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- 2021
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40. EURASIAN ECONOMIC UNION AS THE MOST PROMISING DIRECTION IN FOREIGN TRADE STRATEGY OF MONGOLIA IN REGIONAL INTEGRATION
- Author
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Dulguun Altanchulun
- Subjects
Economic integration ,Economic partnership agreement ,Regional trade ,business.industry ,Trade theory ,Regional integration ,Economics ,General Medicine ,International trade ,business ,Economic globalization ,Protectionism ,Economic union - Abstract
Today, a regional economic integration is one of the main tendencies in global economic development. The world economic globalization is in the formative stage and most of the countries adhere to protectionism with regards to trade and economic co-operation. In those conditions, the countries opt for regional trade and economic integration. Mongolia is a country, which is not sufficiently enough participating in regional trade and economic integration. In 2016, Mongolia signed only one Economic Partnership Agreement with Japan. According to the trade theory, FTA is most useful to the countries, which have similar level of economic development. In that case, most favorable direction for Mongolia in regional trade and economic integration is the Eurasian Economic Union.
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- 2021
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41. Foreign-born Chinese students learning in China: (Re)shaping intercultural identity in higher education institution
- Author
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Kun Dai and Yating Hu
- Subjects
Civilization ,Sociology and Political Science ,Social Psychology ,Higher education ,business.industry ,media_common.quotation_subject ,05 social sciences ,Identity (social science) ,050109 social psychology ,Public relations ,Economic globalization ,Chinese culture ,Globalization ,Political science ,0501 psychology and cognitive sciences ,Business and International Management ,China ,business ,Cultural pluralism ,050104 developmental & child psychology ,media_common - Abstract
With the trend of globalization, promising development in China has attracted a growing number of descendants of Chinese immigrants who choose to return to China to pursue higher education. Furthermore, the cultural pluralism that accompanies economic globalization is increasingly changing the pattern of world civilization. However, this leads to new issues of conflict, integration, and symbiosis between different cultures among international students. To address a gap in the literature, this study explored the trajectory of how international students of Chinese origin transcend their identities and build intercultural identities during their higher education study in China. The study investigates 13 participants from different countries, focusing on the process of (re)shaping identity under multiple cultural backgrounds and how they understand this process. These findings show that for students to adapt to Chinese culture it is crucial to encourage them to mitigate language barriers, awake cultural memories, consolidate values, expand educational exchanges, and continue to improve international understanding and broad recognition from an intercultural perspective.
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- 2021
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42. Was there Economic Decline in Mamluk Egypt in the Late Middle Ages?
- Author
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Georg Christ
- Subjects
Cultural Studies ,Deindustrialization ,History ,Sociology and Political Science ,business.industry ,Knowledge economy ,Economics, Econometrics and Finance (miscellaneous) ,Economic globalization ,Shock (economics) ,Agriculture ,Political science ,Development economics ,Mamluk ,Great Divergence ,business ,Tertiary sector of the economy - Abstract
Did the Egyptian economy decline in the late Middle Ages? This article discusses possible causes for Egypt’s apparent decline: climate, epidemics, breakdown of irrigation agriculture, violence, weak institutions, and a failure to adopt new technology. It argues that the demographic impact of contagion, perhaps exacerbated by climate change, transformed Egypt. Agriculture contracted in step with reduced demand and the manufacturing sector outsourced mass production to Europe while concentrating on high-quality products. Primary and secondary sectors thus declined while the tertiary sector (international trade and higher education including numerous madrasas) thrived: by the end of the Middle Ages, Egypt had moved towards a fully mature knowledge economy.
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- 2021
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43. The environmental impacts of globalisation and corruption: Evidence from a set of African countries
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Patrícia Hipólito Leal and António Cardoso Marques
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Sustainable development ,010504 meteorology & atmospheric sciences ,Corruption ,media_common.quotation_subject ,Geography, Planning and Development ,Foreign direct investment ,010501 environmental sciences ,Management, Monitoring, Policy and Law ,Economic globalization ,01 natural sciences ,Politics ,Globalization ,Development economics ,DESENVOLVIMENTO SUSTENTÁVEL ,Business ,Relocation ,Environmental degradation ,0105 earth and related environmental sciences ,media_common - Abstract
Achieving sustainable development while avoiding further environmental degradation is a crucial challenge faced by society today. The African countries in this study have shown considerable growth, but still face various barriers to comply with international environmental agreements. This paper analyses the effect of globalisation and corruption on the environmental performance of 23 African countries from 1999 to 2017. The Autoregressive Distributed Lag model with Driscoll-Kraay estimator was chosen as most suitable to achieve the aim of this analysis. The main findings provide confirmation of the advantage of analysing globalisation through three dimensions, namely, the economic, social, and political, and through two measures, the de jure and de facto. Economic globalisation de facto increases environmental degradation, suggesting the relocation of polluting industries to African countries. Economic and political globalisation de jure improves the environment. Stricter regulation could reduce the level of corruption and restrict the relocation of polluting industries. Foreign investment attracted to these countries should be directed to achieving sustainable development goals.
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- 2021
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44. Transnational auditors, local workplaces and the law
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Phillip Paiement and Public Law & Governance
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auditors ,translocal law ,business.industry ,Supply chain ,Labour law ,transnational law ,ComputingMilieux_LEGALASPECTSOFCOMPUTING ,Context (language use) ,labour standards ,Audit ,Principle of legality ,Economic globalization ,Compliance (psychology) ,Labour Law ,Law ,Business ,Risk management - Abstract
Auditors of global supply chains play an influential role in determining what it means for manufacturing facilities to comply with both transnational standards as well as national and international labour laws. They exercise this role at the interface between the local context of labourers in a workplace governed by local and national laws, and the transnational context of private standards intended to govern global supply chains. This article utilises the concept of translocal legality to explore how auditors develop and deploy their authority and technical expertise to interpret questions about compliance with legal and private norms in global supply chains. It illustrates how auditors transform what it means to be compliant with legal requirements, and in doing so creates a distinction between acceptable and unacceptable types of risk to workers’ safety in the context of economic globalization.
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- 2021
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45. Analysis on Our Country’s Foreign Trade of Agricultural Products
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Yan Li
- Subjects
Agriculture ,business.industry ,Per capita ,Context (language use) ,Business ,International trade ,Trade barrier ,Economic globalization ,Investment (macroeconomics) ,China ,Competitive advantage - Abstract
With the development of economic globalization and the international division of labor system, countries are increasingly closely linked economically in various fields, forming a pattern of interdependence. This also makes the economic and trade barriers of various countries gradually reduced, providing a good opportunity for China’s agricultural products to the world. China is an agricultural country in the true sense, with the output of most agricultural products ranking first in the world. Due to China’s large population, the arable land per capita is limited due to the small amount of arable land available for food cultivation. In addition, China’s agricultural economy in the field of science and technology investment is less, agricultural mechanization, organization, automation degree is low. Therefore, the self-sufficiency of agricultural products is more difficult, the degree of external dependence is more serious. How to give full play to the advantages of the import and export of agricultural products in the context of international environment and solve the problems that always exist in the import and export of agricultural products in China is of practical significance for people to realize the needs of a better life and alleviate the main social contradictions in China. This paper points out the importance of international trade in agricultural products to the life of Chinese people and the adjustment of industrial structure based on the background of international trade in agricultural products by reading the researches of previous scholars in related fields. Then through the study of domestic and foreign related literature, this paper discusses the three stages of the development of China’s agricultural products foreign trade. Secondly, it analyzes the current situation of foreign trade of agricultural products and its export competitive advantages and disadvantages from the aspects of the structure of foreign trade of agricultural products and participating countries. Finally, a series of problems in the export of agricultural products in our country are put forward the corresponding countermeasures.
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- 2021
- Full Text
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46. The Source of the Enterprise Competitiveness: Theoretical Review with Four Viewpoints
- Author
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Changcai Xie
- Subjects
Resource (project management) ,Field (Bourdieu) ,Knowledge economy ,Strategic management ,Competitor analysis ,Business ,Economic globalization ,Viewpoints ,Competitive advantage ,Industrial organization - Abstract
In the era of economic globalization and knowledge economy, how can enterprises gradually catch up with and even surpass powerful competitors? How can leading enterprises maintain their market position and create sustainable competitive advantage? These two issues have always been a hot topic in the field of strategic management. The success or failure of enterprise management is determined by many factors, and competitiveness is the most important and essential factor. In the new environment, grasping the formation and evolution law of enterprise competitiveness and promoting the sustainable and healthy growth of enterprises is an important topic to be solved in the research of strategic management. On the source of enterprise competitiveness, the academic circles mainly focus on four factors: Resource-based view (RBV), Knowledge-based view (KBV), Capability-based view (CBV) and Institution-based view (IBV).
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- 2021
- Full Text
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47. Innovation network economic model of new energy automobile industry based on social network perspective
- Author
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Xiangxia Meng, Meiling Liu, and Jia Wang
- Subjects
Market integration ,Embeddedness ,Social network ,business.industry ,Automotive industry ,02 engineering and technology ,021001 nanoscience & nanotechnology ,Condensed Matter Physics ,Economic globalization ,01 natural sciences ,Competitive advantage ,010406 physical chemistry ,0104 chemical sciences ,Resource (project management) ,Economic model ,Business ,Physical and Theoretical Chemistry ,0210 nano-technology ,Industrial organization - Abstract
Under the background of economic globalization, market integration, technology cross penetration, industry boundary and enterprise boundary increasingly blurred, the uncertainty of innovation and the limitation of single innovation subject's resource endowment lead to the independent innovation unable to meet the needs of enterprises to obtain sustainable competitive advantage. How to evaluate the industry university research innovation of these industries has become a very necessary research content. According to the social network attribute of the Institute of new energy automobile industry, this paper proposes to analyze and study its innovation network from the perspective of social network. Based on the analysis of the relevant theories and research methods of social network, this paper constructs the evaluation model of the innovation network of the new energy automobile industry, and then validates the model through experiments. The experimental results show that the automobile industry in the north of China has different advantages in the innovation network of the industry, learning and research. The three embeddedness relationships among regions are positively correlated with the production university research network of new energy vehicles, which plays a positive role in promoting the development of innovation network. It is hoped that the research can provide innovation for the industry, learning and research. The development of network provides some reference.
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- 2020
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48. ФОРМУВАННЯ МЕХАНІЗМУ ФІНАНСОВОЇ СТІЙКОСТІ ПІДПРИЄМСТВ СФЕРИ ГОСТИННОСТІ: ОРГАНІЗАЦІЙНО-ЕКОНОМІЧНИЙ АНАЛІЗ
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Net profit ,Globalization ,Current liability ,Conceptual framework ,Hospitality ,business.industry ,Net income ,Fixed asset ,Ocean Engineering ,business ,Economic globalization ,Industrial organization - Abstract
У статті досліджено ключові показники фінансової стійкості підприємств сфери гостинності на основі організаційно-економічного аналізу функціонування USG Holding та одного з наймасштабніших та конкурентоздатніших складників компанії «ТОВ «Сушия». Із відкритих даних проаналізовано основні показники фінансової стійкості, зокрема динаміку чистого доходу від реалізації продукції (у гривневому та доларовому еквівалентах), динаміку чистого прибутку (збитку), динаміку показників основних засобів та нематеріальних активів та динаміку поточних зобов’язань за 2012–2018 рр. На основі проведеного дослідження визначено, що ефективність фінансової та бізнес-діяльності підприємств сфери гостинності в умовах трансформації і глобалізації економіки країни, динамічності та мінливості економічного середовища у світі та в Україні зокрема визначається передусім його фінансовим станом. Обґрунтовано, що стратегічним чинником фінансової безпеки, інвестиційної привабливості, конкурентоспроможності та кредитоспроможності є фінансова стійкість підприємств, особливо в період економічних глобалізаційних змін, коли фінансова стійкість стає обов’язковим критерієм ефективного розвитку невиробничого сектору економіки України (сфери послуг). Визначено, що результати проведеного дослідження дають змог стверджувати, що обов’язковими умовами поліпшення фінансового стану підприємств сфери гостинності у ринкових умовах господарювання є постійний аналіз і своєчасна ґрунтовна діагностика змін, що відбуваються у зовнішньому та внутрішньому середовищі підприємства, а також вчасне й максимально ефективне реагування на зміни ключових визначальних показників фінансової стійкості. Визначено перспективу подальших досліджень, зокрема проведення ґрунтовного аналізу фінансової стійкості на конкретному підприємстві сфери гостинності з визначенням його поточної фінансової стійкості за допомогою методу комплексного розрахунку рейтингової оцінки фінансового стану підприємств сфери гостинності, з метою розроблення унікального механізму забезпечення фінансової стійкості, що базуватиметься на особливостях конкретного закладу – концептуальних основах, які включають мету, завдання та функції управління, організаційну структуру, систему забезпечення механізму, критерії оцінювання рівня фінансової стійкості, унікальну систему брендингу та систему комплаєнс-контролю.
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- 2020
- Full Text
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49. Sustainable Governance and Knowledge-based Economy – Prerequisites for Sustainable Development of the Developing and Transitional Economies
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Kristina Jovanova
- Subjects
Sustainable development ,Globalization ,Financial capital ,Social protection ,Corporate governance ,media_common.quotation_subject ,Knowledge economy ,General Medicine ,Business ,Prosperity ,Economic system ,Economic globalization ,media_common - Abstract
Economic globalization results in unbalanced development and growing inequality between the centre and the periphery of the global economic map. This process is driven by the expansionist policies of the corporations and the financial capital, being in collision with the social protection system. Markets are good for wealth creation, but they fail to take care of the citizens’ social needs. Social justice is a public good that can be provided for only by means of the political process. Globalization fails to meet the needs of the ultimate beneficiary of the development processes - the citizen. The modality in which economic localization foundations were set in the development and transitional economies, did not exhibit clear development capacities in order to improve the global position of these countries. Alternative development strategies are required in order to keep the territorial integrity of the nation-state and radical reforming of the central government role in the process is a prerequisite. The main driving force of the sustainable governance concept refers to the participation, knowledge and information distribution and cooperation among stakeholders. Economic prosperity is dependent on the effectiveness in production, collection and use of knowledge in the economic processes. Economy converts into a hierarchy of networks and what comes out as a result is a network society in which individual or corporative capacity for participation and networking determines the socio-economic position. Knowledge - Based Economy (KBE) refers to an economy that applies information resources, technology and knowledge into the economic development processes. Innovations entail increased communication intensity and feedback among companies, academic institutions, laboratories, consumers. They are a result of a number of interactions and synergies of specific innovative systems that tend to expand outside national borders, ideally becoming global, incorporating numerous global-local connections. (JEL Q01, F60, F00)
- Published
- 2020
- Full Text
- View/download PDF
50. Research on the Multisectoral Impact of Infectious Diseases on the Economy
- Author
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Rustam Anzorovich Shortanov
- Subjects
medicine.medical_specialty ,Preparedness ,Public health ,Economic sector ,Economic security ,Development economics ,medicine ,Outbreak ,Business ,Economic globalization ,Aggregate demand ,Division of labour - Abstract
The purpose of the work is to consider the features of the multidimensional impact of the consequences of the spread of infectious diseases on the economic development of countries. The author concludes that the process of public health exposure to regional or global new and endemic infectious diseases may have broader socio-economic consequences that are often not taken into account when assessing risk or impact. With the spread of international travel and trade, such events can cause economic shocks that go far beyond the traditional health sectors and the original geographical range of the pathogen. Intensive economic specialization and a broader division of labor, accompanied by expanding markets and increasing economic globalization, increase the risk of people coming into contact with sources that contribute to highly contagious diseases such as influenza and COVID-19. The adverse economic consequences of new forms or types of these diseases can be serious, taking into account the high degree of interdependence of economic activities in the modern economy. For example, the absence of workers from work due to such infections or the risks of these infections can disrupt production at the workplace level. Also, supply chains can be disrupted or disrupted by these pandemics, and in addition, they usually have a negative impact on aggregate demand for goods. This is evidenced by the COVID-19 outbreak, which led to a serious global economic depression. The occurrence and consequences of epidemics and pandemics depend on the nature and stages of economic development. The economic and social structure of modern society contributes to the transmission of diseases that depend on human contact or presence, especially those that are caused by airborne microbes or persist on commonly used surfaces. The study concluded that public and private stakeholders at the local, national and international levels should work together to address the economic consequences of infectious diseases, to provide informed systems and risk and impact analysis, and to promote cost-sharing strategies for prevention and preparedness where possible, and to evaluate optimal intervention strategies when necessary. Developments related to infectious diseases in today's globalized world require increased responsibility for preserving people's health and economic security.
- Published
- 2020
- Full Text
- View/download PDF
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