scholarly journals The Growing Gap

2021 ◽  
pp. 1-22
Author(s):  
Jakkie Cilliers

AbstractIn this chapter Cilliers introduces the growing divergence in income and other indices of well-being between Africa and the Rest of the World. He touches on various aspects such as extreme poverty and Africa’s marginal role in the global economy and illustrates the challenge by comparing the divergent experiences of South Korea and Ghana in demographics and income, before moving to introduce matters relating to productivity, digitisation, agriculture and manufacturing. The chapter presents key characteristics of Africa compared to other countries and regions to 2040, defines some of the terms, introduces the International Futures forecasting platform that is used for the forecasts, and the structure of the book.

Author(s):  
Lisa L. Martin

In a comparison of today’s global political economy with that of the last great era of globalization, the late nineteenth century, the most prominent distinction is be the high degree of institutionalization in today’s system. While the nineteenth-century system did have some important international institutions—in particular the gold standard and an emerging network of trade agreements—it had nothing like the scope and depth of today’s powerful international economic institutions. We cannot understand the functioning of today’s global political economy without understanding the sources and consequences of these institutions. Why were international organizations (IOs) such as the World Trade Organization (WTO) or International Monetary Fund (IMF) created? How have they gained so much influence? What difference do they make for the functioning of the global economy and the well-being of individuals around the world? In large part, understanding IOs requires a focus on the tension between the use of power, and rules that are intended to constrain the use of power. IOs are rules-based creatures. They create and embody rules for gaining membership, for how members should behave, for monitoring, for punishment if members renege on their commitments, etc. However, these rules-based bodies exist in the anarchical international system, in which there is no authority above states, and states continue to exercise power when it is in their self-interest to do so. While states create and join IOs in order to make behavior more rule-bound and predictable, the rules themselves reflect the global distribution of power at the time of their creation; and they only constrain to the extent that states find that the benefits of constraint exceed the costs of the loss of autonomy. The tension between rules and power shapes the ways in which international institutions function, and therefore the impact that they have on the global economy. For all their faults, international economic institutions have proven themselves to be an indispensable part of the modern global political economy, and their study represents an especially vibrant research agenda.


2021 ◽  
Vol 1 (1) ◽  
pp. 68-80
Author(s):  
Massoud Daher

Abstract Based on the development of positive relations between China and the Arab countries in the context of a new globalization on the path to a multipolar world, this study addresses the following methodological issues: China’s development achievements in the reform and the opening-up movement, China’s success in the face of the Covid-19 epidemic, and the analysis of the notion of “Sustainable Development” and the Chinese characteristics of the concept of socialism. Accurate scientific conclusions confirmed that sustainable development with Chinese characteristics constitutes a distinct model of rational and balanced development that achieved the well-being of the Chinese population. The Belt and Road Initiative has been widely welcomed in all Arab countries. Arab institutions, both official and private, have begun to study the Chinese development model to build a new style of development based on social stability, economic prosperity and mutual benefit. China is a leading model for promoting the common interest of people. China contributes positively to the well-being of its people and the rest of the world through cooperation. It is moving forward with high-quality development plans that provide new opportunities to revive the global economy, which is suffering from the drawbacks of the Covid-19 pandemic. Having presented China as a leading human model of inclusive development to realize the Chinese Dream, the enlightened Arab elites have shown increasing interest in this high-quality experiment that has succeeded in eradicating poverty, combating Covid-19, helping the recovery of the global economy, and promoting opportunities for advancement, innovation and creativity on a global level. Since China’s development was built on moral and humanitarian rules, it is warmly welcomed in the Arab countries because it affirms that humans are the greatest capital and the goal of sustainable development. It offers rich and useful lessons for everyone around the world.


2022 ◽  
pp. 18-33
Author(s):  
Chibani Siham ◽  
Mohammed Elkhamlichi

The COVID-19 pandemic has turned the world of work upside down. It is having a dramatic effect on the employment, livelihoods, and well-being of workers and their families, as well as on businesses around the world, especially small and medium-sized enterprises. It started in China at the end of 2019, with that country's economy mainly the first to be affected. The global economy was then impacted as the virus spread. It is a bit early to estimate precisely the extent of the economic crisis on a company, but it is already certain that it is more brutal than before. Companies that have opened their capital to their employees are more likely to keep their employees than other companies that offer a significantly higher level of security to their employees (maintenance of working hours and compensation). What practical economic logic will be found in the company once employee ownership is applied? Would it be an effective way to overcome the various situations of discontent and anxiety among employees, where these feelings are already very strong?


2021 ◽  
Vol 8 (3) ◽  
pp. 191-200
Author(s):  
Guy Bäckman

The focus is on the outbreak of covid-19 and the patterns inherent in it as they appear in valid statistics and current research. The approach relies on overall goals and strategies in combating the spread of the virus. The examination is placed within an interdisciplinary frame of reference, particularly social policy and economics. A primary and crucial goal of social policy is to ensure, within prevailing economic frames, equity and social justice in the pursuit of sustainable development. The new coronavirus (COVID-19), which was first detected in December 2019 in Wuhan, China, has been declared a global emergency by the World Health Organization, as the outbreak continues to spread outside China. As of the beginning of October 2020, the number of reported covid-19 cases around the world is about 34 million, and the number of deaths amounts to 860 thousand. The worldwide spread of coronavirus is severely affecting the global economy; millions of the global population are under some form of lockdown. The coronavirus pandemic, experienced as a severe shock, has caused not only economic difficulties but also social suffering and concerns for the infected individuals and their families, relatives and closest acquaintances. Increased concern, in connection with the economic slowdown, have given rise to new policies to combat the spread of the new coronavirus never before seen in humans. The policy actions range from social distancing that allow people to work online at home to the closing of borders. In the new emergency conditions, the values and goal orientations emphasize life and health as fundamental human rights. In addition to increased care provisions, other policy actions, such as relief package designed to ensure economic activities and the welfare and well-being of individuals and families, telemedicine, remote work and smart devices are used to enable visiting other people in order to return to normal. Although science guided by humanistic principles, has provided the knowledge to portray the state of the world and human conditions, the preparedness for combating the coronavirus pandemic and the treatment of people infected with the virus, have been found to vary among nations. Significant access barriers remain, especially in remote areas, including the cost of data as well as lack of understanding of foreign languages to manipulate devices and understand internet content. International responsibility and solidarity appear as primary guiding principles in connecting all policy actions to combat coronavirus. Keywords: Advanced technology, global economy, relief package, social distancing, access to data, social suffering, solidarity.


Author(s):  
T.A. Balina ◽  
V.A. Stolbov ◽  
L.Yu. Chekmeneva ◽  
V.A. Gorbanyev

The article reveals the theoretical and methodological issues of studying the symbolic capital of the territory. In the context of strengthening social priorities in the development of the global economy, it becomes necessary to apply new methods for assessing the attractiveness and competitiveness of countries around the world. The human development index has not lost the relevance of a formalized assessment of the quality of life of the population. It affects the formation of the country's image, but does not fully reflect the qualitative changes taking place in countries of different levels of development. The image and symbolic capital of the territory is investigated from the standpoint of social geography. Speaking about the formation of the image of a region (country) within the framework of social geography, we mean the process of strategic marketing of the territory, that is, not just the creation of a short-term set of associations, but a long-term instrument of territorial governance. Understanding the value and significance of the positive image of the territory should be a necessary element of geographical research. The perspective image of the country and the region is an integral attribute, the central link of the system of strategic planning and territorial marketing. The authors propose the use of the parameter of Life expectancy as an indicator of the standard of living and physical health of the population, which forms the symbolic capital of a territory (country). The analysis of the qualitative content of the indicator of life expectancy of the population is given. The emphasis is made on the need to use a typological approach that reveals the relationship between material and spiritual well-being and the life expectancy of the population. An original typology of the countries of the world is presented, proving the thesis that the success of the socio-economic development of the country can be judged by the duration of the expected and healthy life of the population.


2020 ◽  
Author(s):  
Kinga Barrafrem ◽  
Daniel Västfjäll ◽  
Gustav Tinghög

At the onset of the COVID-19 outbreak we conducted a survey (n=1000) regarding how people assess the near future economic situation within their household, nation, and the world. Together with psychological factors related to information processing we link these prospects to financial well-being. We find that, although generally very pessimistic, a substantial proportion of individuals believes that national and global economy will be doing worse than their household, what we call a financial ”better-than-average effect”. Furthermore, we find that private economic outlook and financial ignorance are linked to financial well-being while financial literacy and the (inter)national situation are not.


2020 ◽  
Vol 5 (2) ◽  
pp. 51-56
Author(s):  
Jeff Thompson

The novel coronavirus (COVID-19) has negatively impacted the world in a variety of ways. Thousands have died, many more have fallen ill, and it continues to have a disastrous impact on the global economy. The virus has also significantly impacted people’s well-being and their mental health, where the effects are expected to continue long after businesses begin to re-open. Promoting resilience and positive mental health coping strategies are, therefore, vital to assisting people as this pandemic continues and long after a sense of “normalcy” returns. This paper, a program analysis of warr;or21, a resilience program, utilizes qualitative research methods to share the insights of participants who completed the program during the COVID-19 pandemic. The warr;or21 program was designed initially to enhance resilience in law enforcement and other first responders and has since been adapted for the general public. The data reveals that, from the perspective of the participants, warr;or21 has helped many of them cope and manage positively, specifically amid the COVID-19 pandemic. Thus, the warr;or21 program has the potential to help enhance people’s resilience and mental health during future adverse events as well as to be used proactively to further develop a person’s overall mental health and resilience.


2003 ◽  
Vol 8 (4) ◽  
pp. 238-251
Author(s):  
Victor F. Petrenko ◽  
Olga V. Mitina ◽  
Kirill A. Bertnikov

The aim of this research was the reconstruction of the system of categories through which Russians perceive the countries of the Commonwealth of Independent States (CIS), Europe, and the world as a whole; to study the implicit model of the geopolitical space; to analyze the stereotypes in the perception of different countries and the superposition of mental geopolitical representations onto the geographic map. The techniques of psychosemantics by Petrenko, originating in the semantic differential of Osgood and Kelly's “repertory grids,” were used as working tools. Multidimensional semantic spaces act as operational models of the structures of consciousness, and the positions of countries in multidimensional space reflect the geopolitical stereotypes of respondents about these countries. Because of the transformation of geopolitical reality representations in mass consciousness, the commonly used classification of countries as socialist, capitalist, and developing is being replaced by other structures. Four invariant factors of the countries' descriptions were identified. They are connected with Economic and Political Well-being, Military Might, Friendliness toward Russia, and Spirituality and the Level of Culture. It seems that the structure has not been explained in adequate detail and is not clearly realized by the individuals. There is an interrelationship between the democratic political structure of a country and its prosperity in the political mentality of Russian respondents. Russian public consciousness painfully strives for a new geopolitical identity and place in the commonwealth of states. It also signifies the country's interest and orientation toward the East in the search for geopolitical partners. The construct system of geopolitical perception also depends on the region of perception.


2001 ◽  
pp. 13-17
Author(s):  
Serhii Viktorovych Svystunov

In the 21st century, the world became a sign of globalization: global conflicts, global disasters, global economy, global Internet, etc. The Polish researcher Casimir Zhigulsky defines globalization as a kind of process, that is, the target set of characteristic changes that develop over time and occur in the modern world. These changes in general are reduced to mutual rapprochement, reduction of distances, the rapid appearance of a large number of different connections, contacts, exchanges, and to increase the dependence of society in almost all spheres of his life from what is happening in other, often very remote regions of the world.


1998 ◽  
pp. 124-127
Author(s):  
V. Tolkachenko

One of the most important reasons for such a clearly distressed state of society was the decline of religion as a social force, the external manifestation of which is the weakening of religious institutions. "Religion," Baha'u'llah writes, "is the greatest of all means of establishing order in the world to the universal satisfaction of those who live in it." The weakening of the foundations of religion strengthened the ranks of ignoramuses, gave them impudence and arrogance. "I truly say that everything that belittles the supreme role of religion opens way for the revelry of maliciousness, inevitably leading to anarchy. " In another Tablet, He says: "Religion is a radiant light and an impregnable fortress that ensures the safety and well-being of the peoples of the world, for God-fearing induces man to adhere to the good and to reject all evil." Blink the light of religion, and chaos and distemper will set in, the radiance of justice, justice, tranquility and peace. "


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