scholarly journals Protection, economic war and structural change: the 1930s in Ireland

1991 ◽  
Vol 27 (107) ◽  
pp. 250-266 ◽  
Author(s):  
J. Peter Neary ◽  
Cormac Ó Gráda
Keyword(s):  
Economic Activity ◽  
Trade Agreements ◽  
Industrial Sector ◽  
Home Market ◽  
Self Sufficiency ◽  
Political Controversy ◽  
Cumann Na Ngaedheal ◽  
Political Turmoil ◽  
The Impact ◽  
Economic Outlook

If I were an Irishman, I should find much to attract me in the economic outlook of your present government towards greater self-sufficiency. (J.M. Keynes)The 1930s were years of political turmoil and economic crisis and change in Ireland. Economic activity had peaked in 1929, and the last years of the Cumann na nGaedheal government (in power since the establishment of the Irish Free State in 1922) saw substantial drops in output, trade and employment. The policies pursued after Fianna Fáil’s victory in the election of February 1932 were therefore influenced both by immediate economic pressures and by the party’s ideological commitments. The highly protectionist measures associated with de Valera and Lemass — key men of the new régime — sought both to create jobs quickly and to build more gradually a large indigenous industrial sector, producing primarily for the home market.Political controversy complicated matters. De Valera was regarded as a headstrong fanatic by the British establishment. His government’s refusal to hand over to Britain the so-called ‘land annuities’ — a disputed item in the Anglo-Irish settlement of 1921 — led to an ‘economic war’, in which the British Treasury sought payment instead through penal ‘emergency’ tariffs on Irish imports. The Irish imposed their own duties, bounties and licensing restrictions in turn. The economic war hurt Irish agriculture badly; the prices of fat and store cattle dropped by almost half between 1932 and mid-1935. Farmers got some relief through export bounties and the coal-cattle pacts (quota exchanges of Irish cattle for British coal) of 1935-7, but Anglo-Irish relations were not normalised again until the finance and trade agreements of the spring of 1938, and the resolution of the annuities dispute did not mean an end to protection. The questions ‘Who won the economic war?’ and ‘What was the impact of protection on the Irish economy?’ are analytically distinct, but they are not that easy to keep apart in practice.

scholarly journals Trade relations of Ukraine on the cereal crops market under conditions of COVID-19 pandemic

2020 ◽  
Vol 11 (1) ◽  
pp. 28-39
Author(s):  
Y.O. Voitovska ◽  
◽  
S.O. Ostapenko ◽  
Keyword(s):  
Economic Activity ◽  
Cereal Crops ◽  
Commodity Group ◽  
Balance Sheets ◽  
Trade Relations ◽  
Medical Supplies ◽  
Dependency Ratios ◽  
Self Sufficiency ◽  
In The Beginning ◽  
The Impact

COVID-19 pandemic that broke out in the beginning of 2020 introduced implications in the course of global trade relations. Countries of the world have applied temporary measures for regulation their foreign economic activity in various sectors, and, first of all, in the fields of food and medical supplies. Cereal crops play an important role in ensuring national food security, while being one of the main foods for consumption, as well as an important component of the country's economic growth, since they are a key commodity group in the foreign economic activity of Ukraine. The article discusses the impact of the newly formed pandemic implications on the cereal crops trade balance of Ukraine. Based on the calculation of food balance sheets, self-sufficiency and import dependency ratios of Ukraine for selected cereals were identified with further formulation of recommendations to increase the level of self-sufficiency for rice in Ukraine.

scholarly journals The impact of Free Trade Agreements (FTAs) in the productive structure of Colombia: An analysis based on the Input-Output model

2018 ◽  
Vol 25 (4) ◽  
Author(s):  
Carlos Alberto Suescún Barón ◽  
Laura Jessenia Silva Granada
Keyword(s):  
Free Trade ◽  
Negative Impact ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
The United States ◽  
Industrial Sector ◽  
The European Union ◽  
Input Output ◽  
Productive Structure ◽  
The Impact

Since the middle of the last decade, Colombia has arranged several Free Trade Agreements (FTAs) with many countries. This type of agreements could be assumed as parallel institutional structures that implicate changes in rules of international trade, intellectual property protection and investment. This paper just analyses the impacts in the domestic productive structure by the influence of trade openness deepening, particularly with the entry into force of the FTA’s between Colombia and the United States (US) and the European Union (EU). The paper aims to quantify the direct and indirect effects in the main sectors of the Colombian economy, as a result of the commercial shock caused by these FTAs, using for that purpose the methodological structure of input-output model. The results of the model for the period considered allow to conclude a negative impact in the domestic value generation of the industrial sector due to increase of the imported intermediary goods.

Impact of regulatory framework rigidity on poverty in the regions of Russia

2020 ◽  
pp. 62-79
Author(s):  
P. N. Pavlov
Keyword(s):  
Economic Activity ◽  
Regional Level ◽  
Institutional Factors ◽  
Federal Regulations ◽  
Russian Regions ◽  
Poverty Dynamics ◽  
Regulatory Burden ◽  
Sectoral Structure ◽  
The Impact ◽  
Regions Of Russia

The paper analyzes the impact of the federal regulatory burden on poverty dynamics in Russia. The paper provides regional level indices of the federal regulatory burden on the economy in 2008—2018 which take into account sectoral structure of regions’ output and the level of regulatory rigidity of federal regulations governing certain types of economic activity. Estimates of empirical specifications of poverty theoretical model with the inclusion of macroeconomic and institutional factors shows that limiting the scope of the rulemaking activity of government bodies and weakening of new regulations rigidity contributes to a statistically significant reduction in the level of poverty in Russian regions. Cancellation of 10% of accumulated federal level requirements through the “regulatory guillotine” administrative reform may take out of poverty about 1.1—1.4 million people.

The specifics of shadow economic activity in Russia

2020 ◽  
Vol 19 (10) ◽  
pp. 1896-1915
Author(s):  
E.R. Ermakova ◽  
O.M. Lizina
Keyword(s):  
Economic Activity ◽  
Shadow Economy ◽  
Integrated Approach ◽  
Economic Activities ◽  
Reproductive Process ◽  
Scientific Methods ◽  
Current Period ◽  
Russian Economy ◽  
Analysis And Synthesis ◽  
The Impact

Subject. The article addresses the specifics of shadow economic activities in reformed Russia in the context of systemic transformations. Objectives. We focus on determining the role of shadow economy in the reproductive process, identifying and understanding the specifics of underground economic activity of the Russian economy. Methods. The study rests on general scientific methods (scientific abstraction, unity of historical and logical, analysis and synthesis, induction and deduction, comparison and analogy) and special methods of cognition (monetary methods). We employ the systems and integrated approach. The official statistics, regulations, works of leading researchers on shadow economy expansion, resources of reference and legal systems like Garant and ConsultantPlus serve as the study's information base. Results. We present a retrospective rapid analysis of the extent of shadow economic activity in the domestic economy, establishing the relationships with the processes that take place at different stages of the country's development. We also reveal the specifics of shadow economy relations in Russia, factors that play a key role in expansion for a particular period, a shift to another form of shadow economy. The study characterizes the current period of development, assesses the impact of external shocks on shadow economy expansion. Conclusions. The current period is characterized by the digitization of shadow relations, the shift of corruption to the upper echelons of power, the continued outflow of capital abroad, and increased penalties for underground activities.

Assessment of sensitivity of the efficiency of regional tax spending towards investment attractiveness of the types of economic activity carried out by the residents of advanced development territory

2020 ◽  
pp. 98-110
Author(s):  
Evgeniya Mikhailovna Popova ◽  
Guzel Mukhtarovna Guseinova ◽  
Sergei Borisovich Milov
Keyword(s):  
Economic Activity ◽  
Socioeconomic Development ◽  
Federal District ◽  
Tax Incentives ◽  
Capital Investments ◽  
The Subject ◽  
Investment Process ◽  
The Impact ◽  
Advanced Development

The deficit of subnational budgets and deceleration capital investments in multiple Russian regions increase the relevance of research aimed at improvement of tax incentivizing practice of the regional investment process. The studies focused on determination of the impact of socioeconomic and institutional factors upon the efficiency of investment tax expenses obtained wide circulation within the foreign scientific literature. The subject of this article is the assessment of sensitivity of the efficiency of regional tax expanses towards investment attractiveness of the types of economic activity carried out by the residents of territories of advanced socioeconomic development, created in the subjects of Far Easter Federal District. The scientific novelty and practical values of this research consists in substantiation of the reasonableness of assessment of investment attractiveness of the types of economic activity that are stimulated by tax incentives. Methodology for assessing investment attractiveness is proposed and tested. The conclusion is made that in case of low investment attractiveness of the type of economic activity, which was planned to support by tax incentives, it is required to conduct and additional analysis to avoid unjustified tax expanses.

Status, Impact, and Factor Determining Rural Non-farm Economy of India: A Review

2020 ◽  
pp. 68-76
Keyword(s):  
Rural Areas ◽  
Present Status ◽  
Economic Activity ◽  
Rural Livelihoods ◽  
Pivotal Role ◽  
Inclusive Development ◽  
Farm Sector ◽  
Income Inequalities ◽  
Review Study ◽  
The Impact

The rural non-farm sector (RNFS) involves a spectrum of economic activity in rural areas and encompasses all rural productive entities other than farm holdings. It has the potential to play a pivotal role in holistic and inclusive development of India’s rural areas by increasing the employment and wages of rural labour, which can reduce income inequalities. The review was carried out in order to explain the present status of RNFE state wise as well as overall to get a comprehensive view on the topic. The review study also focuses to disaggregate RNFE on the basis of gender, size of landholding and castes. Literature depicting the impact of RNFE on rural livelihoods especially in employment and poverty and factors determining it also been compiled to get an overall idea on the study.

scholarly journals Integrated IEW-TOPSIS and Fire Dynamics Simulation for Agent-Based Evacuation Modeling in Industrial Safety

Safety ◽  
2021 ◽  
Vol 7 (2) ◽  
pp. 47
Author(s):  
Wattana Chanthakhot ◽  
Kasin Ransikarbum
Keyword(s):  
Emergency Evacuation ◽  
Industrial Sector ◽  
Industrial Safety ◽  
Dynamics Simulation ◽  
Entropy Weight ◽  
Fire Dynamics ◽  
Evacuation Simulation ◽  
Evacuation Modeling ◽  
Agent Based ◽  
The Impact

Emergency events in the industrial sector have been increasingly reported during the past decade. However, studies that focus on emergency evacuation to improve industrial safety are still scarce. Existing evacuation-related studies also lack a perspective of fire assembly point’s analysis. In this research, location of assembly points is analyzed using the multi-criteria decision analysis (MCDA) technique based on the integrated information entropy weight (IEW) and techniques for order preference by similarity to ideal solution (TOPSIS) to support the fire evacuation plan. Next, we propose a novel simulation model that integrates fire dynamics simulation coupled with agent-based evacuation simulation to evaluate the impact of smoke and visibility from fire on evacuee behavior. Factors related to agent and building characteristics are examined for fire perception of evacuees, evacuees with physical disabilities, escape door width, fire location, and occupancy density. Then, the proposed model is applied to a case study of a home appliance factory in Chachoengsao, Thailand. Finally, results for the total evacuation time and the number of remaining occupants are statistically examined to suggest proper evacuation planning.

scholarly journals The Influence of Trading Locations on Equity Returns

2016 ◽  
Vol 12 (12) ◽  
pp. 188
Author(s):  
Nguyen N.T. Vo
Keyword(s):  
Risk Premium ◽  
Stock Price ◽  
Listed Companies ◽  
Equity Returns ◽  
Stock Exchanges ◽  
Home Market ◽  
Trade Effect ◽  
Market Index ◽  
Highly Correlated ◽  
The Impact

This paper evaluates the impact of trading locations on equity returns by examining the stock price behaviour of three Anglo-Dutch dual-listed companies which result from mergers where two corporations agree to function as a single operating business, but maintain separate identities. The shares of these stocks are traded not only in their home market but also on several US stock exchanges in the form of American Depository Receipts. Regressing the return differentials on these dual-listed and cross-listed stocks on the relative market index returns and currency changes provides evidence of an apparent violation of the Law of One Price. The regression results show that the return on each part of dual-listed companies is highly correlated with the market on which it is most intensively traded. Similarly, returns on cross-listed stocks have considerably higher co-movement with US market indices and considerably lower co-movement with home-market indices than their home-market counterparts. Market risk premium is not a significant explanatory variable of the location of trade effect.

Sign in / Sign up

Export Citation Format

Share Document