Trade policy, cumulative causation, and industrial development

1996 ◽  
Vol 49 (1) ◽  
pp. 179-197 ◽  
Author(s):  
Anthony J. Venables
NCC Journal ◽  
2019 ◽  
Vol 4 (1) ◽  
pp. 91-96
Author(s):  
Khubi Ram Acharya

The objective of this article is to study and analyze the growth, composition, and direction of the Nepalese foreign trade. This is descriptive a study that uses secondary sources of information. The analysis is based on simple statistical tools like ratio and percent. This study finds the very low export performance of Nepal. This is creating the problem of rapidly increasing trade deficit. Nepal is also unable to diversify its trade in terms of countries and commodities. The major causes of increasing trade deficit are low export, and high import, low-quality products, improper trade policy, higher cost of production, lack of publicity and advertisement, low production, slow industrial development, lack of trade diversification, etc. Nepal can reduce its trade deficit by diversification of its trade in terms of commodities and countries.


Author(s):  
Оksana Kushnirenko ◽  
Olga Zarudna

Relevance of the research topic is due to the rapid growth in world trade, which leads to new challenges for Ukraine’s industry in the context of deepening economic globalization and increasing international competition. Under these conditions, the development and application of effective industrial policy instruments aimed at supporting promising sectors of the processing industry in the process of integration into the world market is very important. Formulation of the problem. New opportunities associated with the further liberalization of foreign trade in an increasingly open and competitive environment require the creation of a favorable environment for promoting the export activities of Ukrainian industrial producers under the constraints of international trade agreements. Selection of unexplored parts of the general problem. In the context of increasing the influence of integration processes on the development of production, the problem of choosing the most effective instruments of state regulation, which most of all contributed to active cooperation with foreign partners for export-oriented industrial producers of Ukraine, in particular for products with a higher degree of processing, remains insufficiently studied. Setting the task, the purpose of the study. The objective of the study is to develop proposals for effective trade policy instruments aimed at supporting the export of industrial products with higher added value within the framework of the existing restrictions of international agreements. Method or methodology for conducting research. General scientific methods are used in the work: abstract-logical, systemic; analysis and synthesis, statistical comparisons, grouping, sampling; expert assessments. The field of application of results. The results of this study can be applied in the process of government policy formation on the main aspects of the export development of industry in the context of integration processes. Conclusions. Based on the analysis of quantitative and qualitative indicators of international trade, its geographical vectors, trends in exports and imports of Ukrainian-made industrial goods are disclosed, and effective trade policy instruments are proposed: namely, non-tariff regulatory methods aimed at creating effective policies and institutions and can be used for the eliminating restrictions upon integration of the Ukrainian manufacturer to the international markets.


2021 ◽  
Vol 6 (200) ◽  
pp. 23-34
Author(s):  
E.A. Roslyakova ◽  

The development of socially oriented industries is a fundamental component of the socio-economic development of the country. The co-dependence of industries and the state of industry in it gives the research topic relevance, since consumer satisfaction can be achieved both with the help of their own industrial development and with cooperation with foreign industrial companies. The problem of the issue is precisely that most branches of the domestic processing industry, including socially significant ones, are import-dependent, and the level at which the interaction of industrial and trade policy (hereinafter referred to as the IITP) in them determines the future of their further development. The purpose of the study is to determine the essence of the IITP, the sustainability (and) development in socially oriented industries by considering the development both within the interaction itself (setting priorities and distributing roles among the main participants in the interaction of industrial and trade policy), and within its phased implementation as a single organism. The achievement of the author's goal was facilitated by strategic, system and process approaches using general scientific research methods: comparative comparison, abstraction, logic, analysis, synthesis, etc. As a result of the conducted research, the scheme of interaction between the spheres of material and non-material production is presented; the definitions of the IITP are formulated; a cycle-model of the development of the IITP in socially oriented sectors of the national economy is developed; a comprehensive analysis of the set of certain indicators is recommended to assess the sustainability of the IITP development; the definition of the sustainable IITP development from the position of system formation and economic activity is presented.


2018 ◽  
pp. 5-29 ◽  
Author(s):  
L. M. Grigoryev ◽  
V. A. Pavlyushina

The phenomenon of economic growth is studied by economists and statisticians in various aspects for a long time. Economic theory is devoted to assessing factors of growth in the tradition of R. Solow, R. Barrow, W. Easterly and others. During the last quarter of the century, however, the institutionalists, namely D. North, D. Wallis, B. Weingast as well as D. Acemoglu and J. Robinson, have shown the complexity of the problem of development on the part of socioeconomic and political institutions. As a result, solving the problem of how economic growth affects inequality between countries has proved extremely difficult. The modern world is very diverse in terms of development level, and the article offers a new approach to the formation of the idea of stylized facts using cluster analysis. The existing statistics allows to estimate on a unified basis the level of GDP production by 174 countries of the world for 1992—2016. The article presents a structured picture of the world: the distribution of countries in seven clusters, different in levels of development. During the period under review, there was a strong per capita GDP growth in PPP in the middle of the distribution, poverty in various countries declined markedly. At the same time, in 1992—2016, the difference increased not only between rich and poor groups of countries, but also between clusters.


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