scholarly journals Global market integration, efficiency orientation, and drivers of foreign subsidiary divestments

2021 ◽  
Vol 56 (5) ◽  
pp. 101228
Author(s):  
René Belderbos ◽  
Federico De Michiel ◽  
Leo Sleuwaegen ◽  
Shubin Wu
2021 ◽  
pp. 097226292098395
Author(s):  
Manu K. S. ◽  
Surekha Nayak ◽  
Rameesha Kalra

The focus of this article is to analyse the inter-linkages between eight leading stock markets in Asian continent from the period of July 2011 to February 2018. This period holds relevance as this was the time when Recession 2.0 set in, which adversely affected the developed economies; however, the developing economies withstood the crisis without much of an impact. Co-integration and Granger causality tests were conducted to probe the inter-linkages. Study revealed a positive impact on Asian stock market indices collectively on each of the indexes. The highest number of unidirectional causalities was to KOPSI and NIFTY from rest of the stock indices. Results confirmed that no co-integration relationship existed among the selected indices indicating favourable diversification opportunities. Thus, the study fosters global market participants and policymakers to consider the nitty-gritties of stock market integration so as to benefit from international stock market diversification in the Asian region.


2017 ◽  
Author(s):  
Amir Akbari ◽  
Francesca Carrieri ◽  
Aytek Malkhozov

2016 ◽  
Vol 16 (1) ◽  
pp. 105
Author(s):  
Djafar Albram

The policy of free trading can be observed by promoting the economy competitiveness of a country through global market integration. One of the integrations that is dynamic of service policy in ease of import for export purposes (KITE) of business interests to those who invest in Indonesia which managed by Directorate General of Customs and Excise (DJBC) that facility return of import duty (BM), or Customs and value-added tax (PPn) and value-added tax of import duty especially other commodities for export purposes. By facilitating that, it is hoped can improve and increase the trading value of export tax revenues,create jobs and then, it makes technology transformation exchange for development of human resources quality of manufacturing industry which running the business in ease of import for export purposes (KITE), in Indonesia. Keywords: KITE, customs and excise, ABSTRAKAdanya kebijakan Perdagangan bebas dapat dilihat dengan upaya peningkatan daya saing ekonomi suatunegara, melalui integrasi pasar global. Salah satu bentuk integrasi dimaksud yaitu adanya dinamika kebijakan pelayanan Kemudahan Impor Tujuan Ekspor yang dikenal dengan istilah (KITE) bagi kepentingan kelancaran usaha bisnis para Investor yang menanamkan Investasinya di Indonesia yang penangganannya ditangani  oleh Institusi Direktorat Jenderal Bea dan Cukai (DJBC) yang memberikan kemudahan fasilitas dalam bidang Pengembalian Bea Masuk (BM), atau Cukai serta PPn dan PPn BM terutama bagi komoditas lainnya yang hasil akhirnya adalah tujuan Ekspor. Dengan pemberian fasilitas tersebut, diharapkan terjadinya peningkatan nilai perdagangan dari penerimaan Pajak Ekspor, Membuka usaha lapangan kerja dan pada gilirannya akan terjadi alih transformasi tehnologi bagi kepentingan peningkatan kualitas Sumber Daya Manusia pekerja  Industri Manufaktur yang bergerak di bidang usaha   KITE di Indonesia. Kata Kunci: KITE menciptakan Iklim Usaha Kondusif.


2020 ◽  
Vol 214 ◽  
pp. 03023
Author(s):  
Li Chong

With the development of global business, Born Global Firms are always sinking into various pressures which are related to economic factors, social factors and informational factors. This situation making Born Global Firms’ strategies is supposed to achieve those requirements that including global market integration, social responsiveness, worldwide learning. There are four important strategies which are widely used in Born Global Firms internationalization process that including multinational strategy, global strategy, international strategy, and transnational strategy. This essay will introduce pursuing transnational strategy and some difficulties existing in this process. Furthermore, an example of an entrepreneurial subsidiary will be chosen to explore and conduct further research.


Author(s):  
Ronald Labonté ◽  
Arne Ruckert

One of the major drivers of contemporary global market integration is trade and investment liberalization. Disease risks and health opportunities have long travelled the same routes of trade and commerce. Today’s binding and complex trade rules introduce new health complications. Using a number of recent trade agreements as exemplars, this chapter reviews the basic premises of liberalization, its claimed benefits, its purported or actual health risks, and how different provisions in trade and investment treaties (which unlike most global governance rules carry economic enforcement measures) are constraining important public health policy flexibilities in countries that are party to such agreements. From initial opposition to trade liberalization in general, progressive global health movements now focus more on how such rules could be written or revised in order to protect governments’ regulatory policy space, and to promote greater global health equity.


2018 ◽  
Vol 4 (1) ◽  
pp. 79-108 ◽  
Author(s):  
Yuying Tong ◽  
Wenyang Su ◽  
Eric Fong

Previous studies of Hong Kong immigrants have largely focused on those Chinese from the mainland, and less attention has been paid to non-Chinese immigrants. As exceptions to this, a few studies have focused on the channels of non-Chinese immigrants to Hong Kong, but less research has examined their labor market outcomes. This is partly because theories about immigrants in Asia’s global city are underdeveloped, and the traditional labor market assimilation theory based on the North American and European experience may not easily translate to the case of global cities in Asia. In this research, we examine the employment status, occupational rank, and earnings outcomes of Chinese and non-Chinese immigrants from the perspectives of global economic structure and White privilege. Using 5% Hong Kong census/by-census data from 1991, 1996, 2001, 2006, and 2011, we draw two major conclusions. First, in the Hong Kong labor market, immigrants from more developed countries enjoy a labor market advantage, which demonstrates the advantages of core-nation origin. In contrast, their counterparts from peripheral nations are penalized. The labor market gap between immigrants from core nations and peripheral nations grew at the turn of the 21st century but narrowed in 2006. Second, White immigrants are privileged in the Hong Kong labor market, showing that White privilege has been transmitted to a non-White-dominant society.


Author(s):  
Tirthankar Roy

ABSTRACTInterpretations of the role of the state in economic change in colonial (1858-1947) and post-colonial India (1947-) tend to presume that the colonial was an exploitative and the post-colonial a developmental state. This article shows that the opposition does not work well as a framework for economic history. The differences between the two states lay elsewhere than in the drive to exploit Indian resources by a foreign power. The difference was that British colonial policy was framed with reference to global market integration, whereas post-colonial policy was framed with reference to nationalism. The article applies this lesson to reread the economic effects of the two types of state, and reflects on ongoing debates in the global history of European expansion.


Sign in / Sign up

Export Citation Format

Share Document