Technical Change in the International Environment: The Dynamics of Trade and Investment

Author(s):  
Giovanni Dosi
2017 ◽  
Vol 12 (2) ◽  
Author(s):  
Maja Đokić ◽  
Biljana Lukić ◽  
Meri Nešković

Before a company decides to sell their products and services abroad, theymust fully understand the international marketing environment. The international environment, in the last two decades, has been creating new opportunities and problems. World trade and investment have grown rapidly thanks to attractive markets, especially in Western and Eastern Europe, China and Russia. As a result, the international financial system has become more complex, and companies involved in international trade are faced with rising trade barriers that were set to protect the domestic market from foreign competition.All the companies that compete in intern ational markets must first understand the international trading system. When sold in other countries, companies are faced with various limitations. Opportunities for export of services are large and growing. However, since trade creates jobs and holds the key to economic growth, the whole world wants a share in the growing service sector. The combination of environmental factors that contribute to the success of the organization in the local market, may be absent in foreign markets. This can lead to the failure of attempts to export the service formula. Global competition will continue to grow, which requires a better understanding of international service concepts, problems and challenges.


Author(s):  
Kira A. Godovanyuk

The article provides insight into the UK approach towards India after Brexit. It is highlighted that this policy is incorporated into the new foreign strategy (“Global Britain”). The author outlines that British government set to build new partnerships with like-minded countries based on neoliberal values. Against the backdrop of global shifts towards Asia and rise of new powers the UK international priority is to build an advanced partnership with India. The author explores the asymmetry in British and Indian interests. London seeks to benefit from advanced trade and investment partnerships in such areas as information technology, green energy, pharmaceuticals, etc.  London also expects that comprehensive partnership with New Delhi, including in defence and maritime security, will help strengthen its strategic position in the Indo-Pacific region. Supporting New Delhi in its ambition to become a regional leader, inviting to the G7 Summit and promoting other multilateral formats. Developing trade and investment amid the pandemic, the UK pursues to establish preferential bilateral relations. Britain seeks to present a partnership with democratic India as a counterbalance to communist China in a highly competitive international environment, guided by both values and economic interests.


2016 ◽  
Vol 8 (2) ◽  
pp. 188-214
Author(s):  
Paolo Urio

The article analyses the changing role of the Party-State regarding the activities ofngos (both domestic and foreign) in China. It offers an explanation of the rationale of the apparently contradictory strategy that tries to give some freedom to thengos while maintaining them under control. The motives of the control ofngos (especially foreignngos) are explained, taking into consideration both the national and the international environment. For the latter, it is strongly suggested that the role played by international (mainly American)ngos in various parts of the world (and more recently in Ukraine) where they contribute to theusstrategy of “regime change”, is the main reason explaining China’s policy to find a satisfactory balance between freedom and control. Finally, the article suggest that China should be even more careful about the mega trade and investment treaties supported by theusand some of its allies and the multinational companies in theus, Europe and Japan. The development of foreignngos’ activities and the possible implementation of these mega treaties may constitute a serious threat to China independence and sovereignty.


2016 ◽  
pp. 43-60 ◽  
Author(s):  
E. Vinokurov

The paper appraises current progress in establishing the Customs Union and the Eurasian Economic Union (EAEU). Although the progress has slowed down after the initial rapid advancement, the Union is better viewed not as an exception from the general rules of regional economic integration but rather as one of the functioning customs unions with its successes and stumbling blocs. The paper reviews the state of Eurasian institutions, the establishment of the single market of goods and services, the situation with mutual trade and investment flows among the member states, the ongoing work on the liquidation/unification of non-tariff barriers, the problems of the efficient coordination of macroeconomic policies, progress towards establishing an EAEU network of free trade areas with partners around the world, the state of the common labor market, and the dynamics of public opinion on Eurasian integration in the five member states.


2018 ◽  
Vol 9 (9) ◽  
pp. 749-773
Author(s):  
Jonathan Fisher

There is considerable concern and debate about the economic impacts of environmental regulations. Jonathan Fisher, former Economics Manager at the Environment Agency in England and Wales, reviews the available evidence on this subject. Section 2 presents estimates of the costs and benefits of environmental regulations. Section 3 examines the impacts of environmental regulations on economic growth, innovation and technical change as well as impacts on competitiveness and any movement of businesses to less pollution havens. He questions call for greater certainty regarding future environmental regulations, whereas in fact there should be calls for less uncertainty. This section then suggests how this could be achieved. This section then finishes with an overview of the available evidence. This includes an examination of the Porter Hypothesis that environmental regulations can trigger greater innovation that may partially or more than fully offset the compliance costs. Section 4 then sets out principles for how better environmental regulation can improve its impacts on sustainable economic growth and illustrates how the European Union (EU) Water Framework Directive is a good example of the application of these principles in practice. Section 5 reviews current and recent political perspectives regarding developments in environmental regulations across the EU and shows how the United Kingdom (UK) has successfully positively managed to influence such developments so that EU environmental regulations now incorporate many of these principles to improve their impacts on economic growth. Section 5.1 then examines the implications of Brexit for UK environmental regulations. Finally, Section 6 sets out some best practice principles to improve the impacts of environmental regulation on sustainable economic growth, innovation and technical change.


Holiness ◽  
2020 ◽  
Vol 1 (2) ◽  
pp. 161-176
Author(s):  
Stephen Bevans

AbstractWhile ‘Mission in Britain today’ includes many aspects, this article focuses on the witness of the Church within Britain’s contemporary highly secularized culture. Rather than ‘technical change’, the Church is called to work at ‘adaptive change’, and so to concentrate less on strategies and more on internal renewal. Such adaptive change involves freeing people’s imagination from simplistic and abusive images of God, offering a positive image of God that is inspiring and truly challenging, recognizing the kenotic nature of the Church, and realizing that mission is carried out in a world of grace where God is already present and working


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