scholarly journals Analysis of the impact of global economy, society and energy development situation on power companies

2021 ◽  
Vol 292 ◽  
pp. 01023
Author(s):  
Haixu Song
Keyword(s):  
Economic Development ◽  
Global Economy ◽  
Technological Development ◽  
Energy Development ◽  
Strategic Analysis ◽  
Global Development ◽  
Profound Impact ◽  
The Future ◽  
World Class ◽  
The Impact

At present, the situation faced by power enterprises is becoming more and more complex, which has profound impact on the development of power companies. This article analyses the global development situation from three aspects: economic development, energy development, and technological development. In addition, it analyses the transformation trend of world-class energy and power companies such as EDF, E.ON, TEPCO and ENEL. On this basis, it proposes the development characteristics of power enterprises in the future, which provides reference for strategic analysis and optimization of power enterprises.

The Role of Oil and Gas in the Economic Development of the Global Economy

2018 ◽  
Author(s):  
Paul Stevens
Keyword(s):  
Economic Development ◽  
Global Economy ◽  
Oil And Gas ◽  
Primary Energy ◽  
Oil And Gas Producers ◽  
The Future ◽  
History Of ◽  
Factor Inputs ◽  
The Impact

This chapter is concerned with the role of oil and gas in the economic development of the global economy. It focuses on the context in which established and newer oil and gas producers in developing countries must frame their policies to optimize the benefits of such resources. It outlines a history of the issue over the last twenty-five years. It considers oil and gas as factor inputs, their role in global trade, the role of oil prices in the macroeconomy and the impact of the geopolitics of oil and gas. It then considers various conventional views of the future of oil and gas in the primary energy mix. Finally, it challenges the drivers behind these conventional views of the future with an emphasis on why they may prove to be different from what is expected and how this may change the context in which producers must frame their policy responses.

scholarly journals Development of foreign economic activity of ukrainian enterprises under conditions of economic globalization

2020 ◽  
Vol 59 ◽  
Keyword(s):  
Economic Development ◽  
Foreign Trade ◽  
Economic Activity ◽  
Small Businesses ◽  
Global Economy ◽  
Technological Development ◽  
Rapid Development ◽  
Advantages And Disadvantages ◽  
The World ◽  
The Impact

In today’s globalized world, international trade, which covers the totality of foreign trade of all countries of the world, is a powerful force of economic development. The economic development of any country is impossible without its active participation in trade relations with other countries of the world. The rapid formation of the global economy contributes to the emergence of a number of opportunities for both large and small businesses. The article considers both advantages and disadvantages of globalization of economy. The article claims that in the current conditions of technological development and rapid integration processes, it is necessary to take into account results of globalization, while forming an effective state policy regarding the realization of foreign trade activities. The country participating in the system of global economic relations should have competitive advantages and improve its competitiveness in order to avoid the impact of negative factors. The article reveals the current state of the development of Ukraine’s foreign trade with other countries of the world, as well as explores Ukraine’s exports and imports structure. Despite a significant increase in the cost of exporting goods and services to the world, Ukraine is still an import-dependent country. The currency liberalization contributed to the reduction of prejudice from foreign counterparties, investors and banks, which allowed Ukrainian enterprises to operate fully in foreign markets, which resulted in a significant reduction in the negative foreign trade balance of the country. The new currency law has provided Ukraine with a base for free capital movement, which brought the country closer to European standards. However, despite significant easing in foreign exchange regulation, Ukrainian manufacturers continue to face a number of both internal and external obstacles to boosting their export activity. The article defines further ways of development of foreign economic activity of domestic enterprises in the conditions of globalization. It has been established that the stable development of the economy is possible only in the conditions of maintaining its openness and rapid development of foreign trade.

CONCEPTUAL PRINCIPLES OF ACHIEVING INTELLECTUAL LEADERSHIP

2021 ◽  
Vol 6 (2) ◽  
pp. 100-104
Author(s):  
Liudmyla Tsymbal
Keyword(s):  
Economic Development ◽  
Intellectual Capital ◽  
Global Economy ◽  
Physical Capital ◽  
Developed Countries ◽  
Educational Process ◽  
High Tech ◽  
The Impact ◽  
Intellectual Leadership

The article identifies the key conceptual foundations for the formation of intellectual leadership of economic entities, including countries as specific actors in the global economy. Thorough preconditions for increasing the level of economic development and the impact of education have been identified. It is determined that historical concepts and modern realities of economic activity only actualize the role of education and enlightenment in the economic development of the national economy and ensuring its competitiveness. The strategies of increasing the competitiveness of individual countries of the world are analyzed, their key priorities in the conditions of formation of the knowledge economy are determined. The evolution of views on the role of human and intellectual capital in increasing the welfare of countries, the impact on GDP and other macroeconomic indicators is described. The ratings of countries are analyzed, in particular by the level of investment in intellectual capital and the structure of their GDP, which confirms the dominance of science-intensive economic activities. In addition, it was determined that the leading countries are characterized by increasing the role of knowledge-intensive activities, increasing the share of intangible assets, redistribution of capital of leading international companies and increasing research spending, increasing investment in human and intellectual capital, increasing exports of high-tech products. Analytical assessment confirms the advanced development of science-intensive industries in countries with developed economies, which creates the need for training and retraining of specialists needed for such industries. In modern conditions, the educational process ceases to be predominantly the prerogative of young people, and becomes a lifelong process, which increases spending on education in developed countries, but without denying the significant asymmetries on this indicator. Research confirms the direct relationship between the quality of human and physical capital and economic development, which is typical of highly developed countries, one of the main reasons for the development lag of the poorest countries. In addition, the article substantiates the key factors of intellectual leadership and their impact on the development of economic development strategies.

scholarly journals THE IMPACT OF THE COVID-19 PANDEMIC ON INDUSTRY 4.0 IN THE CONTEXT OF GLOBAL ECONOMIC DEVELOPMENT

InterConf ◽  
2021 ◽  
pp. 54-59
Author(s):  
Bohdana Hunko
Keyword(s):  
Economic Development ◽  
Industry 4.0 ◽  
Global Economy ◽  
Industrial Revolution ◽  
Negative Consequences ◽  
Negative Effects ◽  
Technology Industry ◽  
World Economic ◽  
The Impact

The paper analyzes the role of Industry 4.0 in the process of overcoming the global economy from the crisis situation associated with the total Covid-19 pandemic. The aspect of economic profitability of using the technologies of the fourth industrial revolution to improve world economic development in the context of the Covid-19 pandemic was also identified. The author identified the positive and negative consequences of the involvement of technology Industry 4.0, on the basis of which a number of recommendations for small and medium-sized businesses were formed in order to quickly overcome the negative effects of the crisis. Based on the work, the author formulated a number of trends and prospects for global economic development, taking into account the current conditions of the Covid-19 pandemic.

The Scenario Forecasting Analysis of CO2 Emissions of China

2013 ◽  
Vol 869-870 ◽  
pp. 836-839
Author(s):  
Jian Jun Wang ◽  
Li Li
Keyword(s):  
Economic Development ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Future Prospect ◽  
Ghg Emissions ◽  
The Future ◽  
Forecasting Analysis ◽  
The Impact

This paper uses STRIPAT models to find the impact of population, economy and technology on CO2 emissions of China. The result shows the impact of population, economy and technology on CO2 emissions are 1.253, 1.076, and 1.077 respectively. According to the future prospect of China, three scenarios of Chinas economic development are given to forecast the CO2 emissions, the forecasting results shows that if Chinas economic, population and energy consumption is increasing 7%, 0.4%, 5% every year, respectively. CO2 emissions will reach 21.05×108t in 2020. The CO2 emissions per unit GDP is decreasing by 45.54% in 2020 compared to 2005, which can fulfill the Chinese governments promise to decrease the GHG emissions per unit GDP by 40-45% in 2020 compared to 2005.

scholarly journals The Long-Term Trend Analysis and Scenario Simulation of the Carbon Price Based on the Energy-Economic Regulation

2020 ◽  
Vol 12 (5) ◽  
pp. 653-668
Author(s):  
Zhao-Peng Li ◽  
Li Yang ◽  
Si-Rui Li ◽  
Xiaoling Yuan
Keyword(s):  
Economic Development ◽  
Energy Consumption ◽  
Clean Energy ◽  
Carbon Price ◽  
Energy Development ◽  
Carbon Market ◽  
Content Type ◽  
Price Trends ◽  
The Impact

Purpose China’s national carbon market will be officially launched in 2020, when it will become the world’s largest carbon market. However, China’s carbon market is faced with various major challenges. One of the most important challenges is its impact on the social and economic development of arid and semi-arid regions. By simulating the carbon price trends under different economic development and energy consumption levels, this study aims to help the government can plan ahead to formulate various countermeasures to promote the integration of arid and semi-arid regions into the national carbon market. Design/methodology/approach To achieve this goal, this paper builds a back propagation neural network model, takes the third phase of the European Union Emissions Trading System (EU ETS) as the research object and uses the mean impact value method to screen out the important driving variables of European Union Allowance (EUA) price, including economic development (Stoxx600, Stoxx50, FTSE, CAC40 and DAX), black energy (coal and Brent), clean energy (gas, PV Crystalox Solar and Nordex) and carbon price alternatives Certification Emission Reduction (CER). Finally, this paper sets up six scenarios by combining the above variables to simulate the impact of different economic development and energy consumption levels on carbon price trends. Findings Under the control of the unchanged CER price level, economic development, black energy and clean energy development will all have a certain impact on the EUA price trends. When economic development, black energy consumption and clean energy development are on the rise, the EUA price level will increase. When the three types of variables show a downward trend, except for the sluggish development of clean energy, which will cause the EUA price to rise sharply, the EUA price trend will also decline accordingly in the remaining scenarios. Originality/value On the one hand, this paper incorporates driving factors of carbon price into the construction of carbon price prediction system, which not only has higher prediction accuracy but also can simulate the long-term price trend. On the other hand, this paper uses scenario simulation to show the size, direction and duration of the impact of economic development, black energy consumption and clean energy development on carbon prices in a more intuitive way.

Artificial Intelligence (AI) and the future of international trade

2020 ◽  
pp. 71-79
Author(s):  
O. Vikulova ◽  
D. Gornostaeva
Keyword(s):  
Artificial Intelligence ◽  
International Trade ◽  
Global Economy ◽  
Global Value Chains ◽  
Social Consequences ◽  
Value Chains ◽  
The Social ◽  
The Future ◽  
The Impact

Based on the latest foreign sources, the article examines the impact of Artifi cial Intelligence and related robotics and automatization on the global economy, international trade, global value chains, the motivation and activities of companies, especially TNCs, the activities of the WTO, as well as the social consequences of these processes.

scholarly journals Are We Aiding the Enemy? Adult Education in the Global Economy

2013 ◽  
Vol 24 (1) ◽  
Author(s):  
Jane Cruikshank
Keyword(s):  
Adult Education ◽  
Global Economy ◽  
Economic Globalization ◽  
Adult Educators ◽  
Economic Problems ◽  
Future Of Work ◽  
The Future ◽  
The Impact

This article explores the impact of economic globalization on the future of work. It argues against the view of training as a panacea for solving our economic problems and suggests a role for adult educators to take in proposing and supporting alternate solutions.

scholarly journals Impact of basic risks, sanctions and adverse market conditions on the coal industry development in Russia over the period to 2040. Part II: Impact of risks and sanctions on the coal industry, and efficiency of the industry advancement scenarios in the post-crisis period

2020 ◽  
pp. 4-10
Author(s):  
Yu. A. Plakitkin ◽  
◽  
L. S. Plakitkina ◽  
K. I. Dyachenko ◽  
◽  
...  
Keyword(s):  
Technological Development ◽  
Coal Industry ◽  
Coal Production ◽  
Industry Development ◽  
Risk Scenarios ◽  
Social Risks ◽  
Wide Range ◽  
The World ◽  
The Future ◽  
The Impact

The external and internal challenges discussed in Part I of this article in Gornyi Zhurnal Issue 10, 2020, which are risk-critical for the coal industry of Russia, became a framework for the assessment of the impact exerted on the industry by sanctions and adverse conjuncture, as well as for the performance evaluation of the industry advancement scenarios. The maximum impact on the coal industry in Russia is exerted by risks connected with the coal market slump in the world. Furthermore, in recent years, coal demand suffers from depression due to some economical and technological development conditions in the world economy. The ecological pressure on the coal industry is also dynamized. Alongside with risks connected with the adverse conjuncture on the international and domestic markets, including risks of the limited market access, the increasingly higher importance is attached to the risks connected with sanctions imposed on the Russian economy. At the present time, the future of the coal industry in Russia is greatly uncertain. The governmental policy documents introduce a wide range of advancement routes for the coal industry with regard to potential risks. To find more accurate output margins in coal production, prediction and assessment of risk impact on the coal industry is required. The calculation of the risk impact on the coal industry using ERI/RAS model Riskugol shows that sanctions have never exerted any influence on the volumes of coal production and export in Russia. However, accretion of sanctions can appreciably reduce potentialities of the future advancement in the coal industry. The coal industry advancement scenarios are developed and used to assess the industry performance over the period to 2040. Despite higher efficiency of risk scenarios, they also feature higher social risks. Innovativity of the risk scenarios, which drastically improves labor efficiency in the industry, results in layoff and reduction of employees. To counterpoise social risks in the industry over the whole prediction period (even with regard to retirement rate), it is required to create 35–40 thousands of new jobs. This study has been partly supported by the Russian Foundation for Basic Research in the framework of R&D Project No. 18-010-00467 Development of Economic Indicators and Production Data for the Coal Industry Development in Russia up to 2035 with the Changing Vector of Global Technological Innovation due to Implementation of Industry 4.0 Program.

scholarly journals The Impact of Migration Processes on Development

2021 ◽  
Vol 7 (2) ◽  
pp. 27-40
Author(s):  
Dorin Vaculovschi ◽  
Keyword(s):  
Economic Development ◽  
International Migration ◽  
Migrant Workers ◽  
Labor Migration ◽  
Global Economy ◽  
Public Authorities ◽  
Republic Of Moldova ◽  
Internal Migrants ◽  
The Republic ◽  
The Impact

In recent years, international migration has been growing rapidly and has reached over 272 million people or 3.5% of the world's population, and 740 million people are considered internal migrants (IOM, 2020). Migration has become a defining feature of the modern global economy and the main factors behind its expansion are the processes of globalization itself, technical progress, the new economic order, etc. Since the early 1970s, governments in some countries have seen international migration as a major tool for economic development. Migration, especially labor migration, has become a defining element of economic development for the Republic of Moldova as well. Labor migration has become an important factor in combating poverty and increasing the welfare of the population of the Republic of Moldova. Moldova's economic growth over the last 20 years is due to remittances from migrant workers. There is a very close relationship between migration and Moldova's development prospects. The analysis of the impact of migration processes on the development perspectives of the Republic of Moldova, as well as the role of public authorities in the process of integrating migration into development strategies is the subject of this article.

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