Global Market Development

2010 ◽  
pp. 125-130
Author(s):  
F. Hillebrand
Keyword(s):  
Global Market ◽  
Market Development

scholarly journals Current State and Post-Crisis Develo Pments of EU-CIS Trade: Perspective Tools to Ensure Sustainability

2013 ◽  
Vol 2 (1) ◽  
pp. 38-42 ◽  
Author(s):  
Anna Ivolga ◽  
Vasily Erokhin
Keyword(s):  
International Trade ◽  
Economic Recession ◽  
Global Market ◽  
Agricultural Products ◽  
Market Development ◽  
Current State ◽  
Russian Agriculture ◽  
Cis Countries ◽  
Trade Perspective ◽  
The Eu

Abstract Global financial and economic recession had negatively influenced the dynamic of the international trade in 2008-2012. The post-crisis period of global market development can be described by the tendency of growing international trade flows. However, according to many experts, to ensure this tendency, the international trade policy within the frame of the WTO should be changed. The paper includes the analysis of current market of the EU-CIS trade, describes the main tendencies of its post-crisis development and major approaches and tools to ensure sustainability of such development. The analysis involved main exporting and importing countries for each analyzed product group. Sub-goals include an overview of the WTO threats and opportunities for Russian agriculture and trade with agricultural products globally, as well as comparison of main consequences of the WTO accession for the CIS countries, such as Kazakhstan, Ukraine, Kyrgyzstan, Georgia and Moldova. This is also related to the state support of agricultural production in Russia and CIS and its influence on volumes, directions, structure and effectiveness of international trade with agricultural products.

scholarly journals Influence of strategic Market Development Practices on Competiveness of Kenyan Tea in the Global market

2018 ◽  
Vol 6 (01) ◽  
Author(s):  
Esther Wanjiru Maina ◽  
Fred Mugambi ◽  
Esther Waiganjo
Keyword(s):  
Sample Size ◽  
Market Segmentation ◽  
Sampling Technique ◽  
Target Population ◽  
Global Market ◽  
Market Development ◽  
Trade Association ◽  
Small Scale ◽  
Marketing Manager ◽  
Strategic Market

Kenyan tea though acclaimed globally as a high quality product available all year round continues to face growing competition both regionally and globally. This has resulted to a decline in its market share in the global market. The main objective of the study was to examine the influence of strategic market development practices on competiveness of Kenyan Tea in the global market. The study used cross-sectional survey design to collect both qualitative and quantitative data from the respondents. The target population consisted of all one hundred and eighty-nine members of the East Africa Tea Trade Association (EATTA) who participate in the tea auction at Mombasa. The target population was categorized into organizational population and the respondents’ population. Respondents’ population comprised of four top managers from every organization. The sampling frame for this study was seven hundred fifty-six managers who included Chief Executive Officer, Finance Director, Marketing Manager and Operations manager who acted as the major agents of the entire value chain in the tea industry from the producer to the final international consumer. Stratified sampling technique was used to select a sample for buyers, brokers, warehouse, packers and associate members while purposive sampling technique was used to select the managers who represented both the small-scale and large-scale producers. To obtain the desired sample size for the study with the organizational population of 189, Slovin’s formula (1960); n = N/(1+Ne2), was applied. Where; n = Sample Size N = Total Population e = Error of Tolerance with a confidence level of 95 % (giving a margin error of 0.05). The main instrument used to collect primary data from the sampled respondents was structured and unstructured questionnaire. The questionnaire underwent pilot study to test for the validity and reliability of the research instrument. Internal consistency of the questionnaire was determined by use of Cronbach’s Coefficient Alpha (α). Collected data was further prepared for analysis using statistical package for social sciences (SPSS) to generate descriptive and inferential statistics. Data was analysed using percentages, mean and standard deviation while t-tests and p-value was used to test the hypothesis. Pearson correlation coefficient (r) was derived to show the nature and strength of the relationship of the variables where Coefficient of determination (R2) was used to measure the amount of variation in the dependent variable as explained by the independent variable. The study findings indicated that there was a positive relationship between competitiveness of Kenyan tea and strategic market development practices as signified by a coefficient of 0.507. This meant that a 1% change in Strategic Market Development practices increases competitiveness of Kenyan in the global market by 0.507 units. Such increase as revealed by the study was attributed to adoption of market penetration, market segmentation, and market diversification strategies which in the long run created new customers in new segments as well as expansion of the potential market for Kenyan tea in the global market. The study concludes that Market segmentation strategy may be executed in diverse criterion including demographic, geographical, and behavioural segmentation among others. The study emphasized on demographic market segmentation as a strategic market development practice to enhance competitiveness of Kenyan Tea in the global market. The study recommended that to boost competitiveness of Kenyan Tea globally good local and international marketing strategies need to precede the act of exportation. This may be done through organizing consumers into competent consumer associations, promoting market intelligence and branding Kenyan on international markets.

scholarly journals Impact of Key Marketing Tools on Global Car Market Development

2021 ◽  
Vol 23 (4) ◽  
pp. A264-A276
Author(s):  
Oleksandr Savych ◽  
Tetiana Shkoda
Keyword(s):  
Mathematical Models ◽  
International Market ◽  
Global Market ◽  
Market Development ◽  
Product Price ◽  
Promotion Policy ◽  
Car Market ◽  
Car Sales ◽  
Functional Patterns ◽  
Set Up

The purpose of the proposed study was to identify the functional patterns of influence of the marketing tools on sales of cars on the global market, to be able to predict sales volumes in the future, taking into account certain marketing tools that the company may use in a particular international market. For the purpose of this research the method of correlationregression analysis is used to construct the corresponding economic and mathematical models of impact on the sales volumes of various instruments of product, price, promotion policy, etc. Using the models offered in the article, the feasibility of introducing certain measures can be determined, when entering new markets in order to increase car sales. Each instrument to which potential buyers are sensitive determines the effect of its use. Considering this effect, budgets can be set up for appropriate action.

World trends of derivatives` market development

2020 ◽  
pp. 58-64
Author(s):  
Kostyantyn Vozianov
Keyword(s):  
Interest Rate ◽  
Foreign Exchange ◽  
Global Economy ◽  
Global Market ◽  
Market Development ◽  
Risk Level ◽  
Modern World ◽  
Over The Counter ◽  
The World ◽  
Monetary Relations

Derivatives markets have long ago started to be an important part of the global market in general and international monetary relations in particular. They make the process of risk management more advanced. It helps bringing the global monetary relations to a higher development level. Global trade in derivatives performs the functions of integration of regional capital markets and helps the global economy participants reduce available risks and concentrate on the further development of international trade and monetary relations. Therefore, the derivatives market contributes to reducing the risk level and balancing the international capital flow. Modern world trends in the derivatives’ market development are studied. The structure of the world derivatives market is determined with the separation of its exchange and over-the-counter parts. The instrumental structure of the market is analyzed with the separation of the most popular underlying assets among the derivatives market participants. The author notes that the share of interest rate and foreign exchange derivatives is constantly growing, with an advantage on the side of interest rate derivatives. The paper determines that there is a gradual shift of trade from exchanges to the over-the-counter market in the market of interest derivatives due to the passage of transactions through central counterparties, as well as the growing share of electronic and automatic trading. Analysis of the dynamics of foreign exchange derivatives reveals that contracts increasingly include currencies that do not belong to the top four (USD, EUR, JPY, GBP). At the same time, the US dollar remains the leading currency in operations with interest rate and foreign exchange derivatives. The cross-border operations with derivatives are analyzed. The paper proves that the global nature of the modern derivatives market can be supported by the recognition and implementation of global standards and the cooperation of regulators around the world.

New politics of governing global capitalism: Sovereign governments and living law

2016 ◽  
Vol 38 (4) ◽  
pp. 497-512
Author(s):  
Huri Islamoglu
Keyword(s):  
Developing World ◽  
Time Lag ◽  
Global Market ◽  
Market Development ◽  
New Politics ◽  
Migrant Populations ◽  
Market Expansion ◽  
Global Corporations ◽  
White Collar Workers ◽  
Developed World

Since the crisis of 2007–2009, sovereignty, government and politics are on the agenda of social sciences and of international policy platforms, most recently in Davos. This is a departure from anti-statist, free-tradist visions of global market development in the 1980s and 1990s when sovereignty was simply associated with freedom of action of economic actors (most significantly, global corporations and banks) and governance simply referred to technical rules serving the ends of these actors posed in terms of dictates of the market. This paper points to societal dislocations (e.g. income discrepancies, unemployment) incumbent on global market development and to a time lag in which these made themselves felt in the developed and developing world. It argues that the developing world experienced the disillusionment with markets in the latter part of 1990s and early 2000s and sought solutions in effective governments, putting them in the service of reaping the benefits of global market expansion for individual regions. It meant non-liberal ways of governing markets, distancing from abstract formulations of individual rights, turning the ‘rule of law’ into living law deeply rooted in societal concerns not limited to commercial actors but including those of both blue-collar and white collar workers, of migrant populations, and women. At issue is an introduction of politics, of political agency and initiatives. The developed world rejected what is labeled as an ‘autocratic turn’; and is lost for a solution to market woes, except for further measures to maximize gains by major commercial actors, as in the case of the Greek crisis.

scholarly journals Does Sukuk market development promote economic growth?

2020 ◽  
Vol 4 (3) ◽  
pp. 209-218 ◽  
Author(s):  
Seda Yıldırım ◽  
Durmus Cagrı Yıldırım ◽  
Pelin Diboglu
Keyword(s):  
Economic Growth ◽  
Saudi Arabia ◽  
Banking System ◽  
Global Market ◽  
Market Development ◽  
Islamic Finance ◽  
Content Type ◽  
Long Run ◽  
The Impact ◽  
Effect On Growth

Purpose This paper aims to explain the relationship between sukuk market and economic growth. In this context, the study investigates the impact of sukuk market development on economic growth for nine countries (Brunei, Indonesia, Jordan, Kuwait, Malaysia, Nigeria, Saudi Arabia, Pakistan and Turkey) which have Islamic finance and banking system. Design/methodology/approach The study analyzed the data of nine countries as Brunei, Indonesia, Jordan, Kuwait, Malaysia, Nigeria, Saudi Arabia, Pakistan and Turkey for periods between 2014Q1 and 2017Q4. As a part of gross domestic product, total sukuk export measured by the sukuk market and the sukuk density which was considered as annual sukuk export per country were used to determine sukuk market development. Inflation, trade deficit and financial stress series were used as control variables. Findings It was determined that there was a long-term cointegrated relationship between sukuk market development and economic growth. Sukuk volume and sukuk density had a positive effect on growth in the long run. One unit increase in sukuk volume increased growth by 0.5%, while increase in sukuk density increased growth by 1.7%. According to short-term relationships, it was seen that sukuk variables did not have an effect on growth. However, sukuk exports contributed positively to growth rates in the long run. Research limitations/implications The findings of this study are limited with nine countries (Brunei, Indonesia, Jordan, Kuwait, Malaysia, Nigeria, Saudi Arabia, Pakistan and Turkey). Also, the accessible data of sukuk market was used and the periods of 2014Q1–2017Q4 was analyzed in a study. Accordingly, future studies can find different results for different countries which has Islamic finance and banking system for different periods in the global market. Originality/value This study provides empirical findings to the related literature, and it proves that sukuk market development contributes positively to the economic growth of countries including Islamic finance and banking system in the long run.

RUSSIAN LNG IN THE GLOBAL MARKET: FEATURES, PROSPECTS AND BARRIERS

2020 ◽  
Vol 13 (4) ◽  
pp. 199-206
Author(s):  
M.V. Chernyaev ◽  
◽  
D.F. Kudriakov ◽  
Keyword(s):  
Natural Gas ◽  
Russian Federation ◽  
Global Market ◽  
Liquefied Natural Gas ◽  
Energy Resources ◽  
Market Development ◽  
Current Trends ◽  
Current State ◽  
The World ◽  
The Russian Federation

The present scientific research examines the current state of the Liquefied Natural Gas (LNG) market, as well as the role and place of the Russian energy resources on the world stage. The article highlights the features of the Russian LNG market development, the existing barriers and prospects. The work includes a dynamic analysis of the global market conditions, current trends and emerging risks caused by modern political and economic realities. In conclusion, the authors suggested a set of measures for increasing competitiveness of the Russian Federation in the global LNG market.

Sign in / Sign up

Export Citation Format

Share Document