scholarly journals The Impact of Foreign Trade on China’s Industrial Transformation and Upgrading

2021 ◽  
Vol 292 ◽  
pp. 03023
Author(s):  
Jun Chen

In the context of the continuous opening up of China’s foreign economic development, the coordinated development of foreign trade and industrial transformation and upgrading has always been a hot issue in industrial economics and international trade research. Through empirical analysis to study the impact of foreign trade on industrial transformation and upgrading, this paper finds that there is a long-term dynamic synergy relationship between foreign trade and industrial transformation and upgrading. At the same time, this article also finds that the export value of goods trade and the import value of service trade have a significant impact on industrial transformation and upgrading, while the import value of goods trade and the export value of service trade have no significant impact on the industrial transformation and upgrading. Finally, this article puts forward policy recommendations on the promotion of industrial transformation and upgrading by foreign trade on this basis, so as to provide references for industrial policy makers.

2019 ◽  
Vol 5 (3) ◽  
Author(s):  
Muhammad Sanusi

This paper investigates the impact of bank-specific and macroeconomic variables on the profitability of Islamic rural bank (BPRS) in Indonesia. Using monthly time series data from January 2010 - December 2018. The estimation model used is a vector error correction model to analyze the long-term and short-term relationships between bank-specific and macroeconomic variables on the profitability of Islamic rural bank. The results showed that CAR and LnTA had a significant positive relationship, while NPF, BOPO and IPI had a negative and significant relationship to the profitability of Islamic rural banks. But FDR and Inflation variables are not significantly related to the profitability of Islamic rural bank. The results leave implications for policy makers, investors and banking sector managers. Based on evidence that bank profitability is more influenced by internal banks (as specific as banks), this research can help Islamic rural banks to help them understand which factors are important to be analyzed to obtain higher profitability.


Author(s):  
P. K. Kenabatho ◽  
B. P. Parida ◽  
B. Matlhodi ◽  
D.B. Moalafhi

In recent years, the scientific community has been urged to undertake research that can immediately have impact on development issues, including national policies, strategies, and people's livelihoods, among others. While this is a fair call from decision makers, it should also be realized that science by nature is about innovation, discovery and knowledge generation. In this context, there is need for a balance between long term scientific investigations and short term scientific applications. With regard to the former, researchers spend years investigating (or need data of sufficient record length) to provide sound and reliable solutions to a problem at hand while in the latter, it is possible to reach a solution with few selected analyses. In all cases, it is advisable that researchers, where possible should link their studies to topical development issues in their case studies. In this paper, we use a hydrometeorological project in the Notwane catchment, Botswana, to show the importance of linking research to development agenda for mutual benefit of researchers and policy makers. The results indicate that some key development issues are being addressed by the Project and the scope exists to improve the impact of the project.


2015 ◽  
Vol 39 (1) ◽  
pp. 56-69 ◽  
Author(s):  
Matas Cirtautas

Urban sprawl is one of the dominant types of urban development in the world. Although outer growth started from the outset of cities, urban researchers, planners and policy makers are highly concerned about its current extent. Recent development of the Baltic cities and especially trends of their suburban growth have been analysed only partly, because of the relative novelty of the phenomenon and well-established dominance of western cities in the field. This paper attempts to fill this gap and presents a research on conditions and consequences of extensive development of Lithuanian cities. Evidences from the recent growth of the Baltic cities show that decline and sprawl take place simultaneously in major urban regions with possible long-term consequences on their spatial structure. Therefore, this article advocates a need to revise urban policy in the Baltic countries and promote coordinated development of urban and suburban areas in the context of prevailing negative demographic trends and limited capacity of central and local governments to interfere in urban development processes.


2017 ◽  
Vol 16 (5) ◽  
pp. 547-567 ◽  
Author(s):  
Dominik Antonowicz ◽  
Jan Kohoutek ◽  
Rómulo Pinheiro ◽  
Myroslava Hladchenko

The aim of the article is to explore the impact of excellence as a powerful policy idea in the context of recent and contemporary developments in three selected Central and Eastern European countries, namely, the Czech Republic, Poland and Ukraine. More specifically, we explore how excellence as a ‘global script’ was translated by policy makers into local contexts with institutionalized practices. It shows that the translation of the idea of excellence involved the rise of a series of novel policy measures such as long-term strategic funding and the establishment of various pertinent schemes (e.g. flagship universities, centres of excellence). By doing so, the analysis – which is comparative by nature – focuses on exploring major differences and similarities in the conceptualization and implementation of the idea of excellence in the three local contexts of science.


2021 ◽  
Vol 10 (4) ◽  
pp. 8-14
Author(s):  
Aws AlHares ◽  
Tarek Abu-Asi ◽  
Gerard Dominic ◽  
Ruba Al Abed

Corporate social responsibility (CSR) raised the attention of the MENA market, given its capacity to influence consumers’ purchase intention and, particularly, consumers’ repurchase intention. Therefore, CSR helps to build a long-term relationship between the companies with its consumers. Following this new trend, our work contributes to the understanding of how CSR contributes to a long-term relationship with consumers. To achieve that, we considered the four dimensions of CSR (philanthropic, legal, organisation, and ethics) and used those constructs to evaluate the consumers’ relationship intention with companies. Our research was performed in MENA countries by interviewing 1632 consumers. Our findings showed that the philanthropic, legal, and ethical dimensions played a relevant role in determining a long-term relationship between the companies and consumers. This research results differ from the results gained by other researchers in previous studies. Therefore, to establish a long-term relationship with consumers, MENA countries’ companies should focus on philanthropy, legal, and ethics. This study extends, as well as contributes to the extant corporate social responsibility literature by offering new evidence on the impact of corporate social responsibility on consumer relationship intention. The findings will help regulators and policy-makers in evaluating the adequacy of the current corporate social responsibility reforms to prevent management misconduct and scandals.


2021 ◽  
Vol 11 (3) ◽  
pp. 58
Author(s):  
Mensah Patience Acquah ◽  
Mandella Osei Assibey Bonsu ◽  
Rosemond Atampokah

Long-term economic development is thought to necessitate the use of energy. To sustain steady economic growth, economies have increased their dependence on energy sources, tightened restrictions, and put pressure on energy supplies. Our paper employed simultaneous equations with GMM and SBM model to examine the impact of trade mechanism on energy efficiency of Asian countries within the Belt and Road Countries. We find significant increase in energy efficiency. After controlling the heterogeneous effects, the magnitude impact of the coefficient was noticeably which approves that the heterogeneity of countries and years influence the empirical findings of the model. Further, we find and validates that trade in the GVC mechanism helps to promote energy efficiency. Energy efficiency could be greatly promoted by emphasizing its significance in the age of GVC. Several policy recommendations support the findings


2021 ◽  
Vol 6 (2) ◽  
pp. 21-29
Author(s):  
Basem Al-Lozi ◽  
Sheren Hamed

Purpose: The purpose of this study was to explore the challenges of the Jordanian economy during COVID-19. The Jordanian economy may have to face different scenarios in his macro-environment. Specifically, the study focused on the impact COVID-19 on the Jordanian economy. Methodology: An exploratory research method was used to build three scenarios. The sample randomly selected from Jordanians in the capital of Jordan Amman. The study divided the sample to three groups and asking them three questions related to the expectations of the impact of COVID-19 on the Jordanian economy for the coming years. Results: The study findings revealed that the majority of respondents (55.2%) are optimistic that the COVID-19 will finish and Jordan economy will be booming. Unique contribution to theory, practice and policy: Recommendations were provided for Jordanian policy makers to deal scenarios. For example Jordan government and policy makers has to be pragmatic, and work toward lowering level of expectations among Jordanian economy to avoid the negative impact of COVID-19 on the economy. Cooperation between the public sector and private sector in implementing the instructions of the World Health Organization and the Ministry of Health to decrease the number of cases to open more sectors which will have a positive impact on the Jordanian economy.


2016 ◽  
Vol 52 (1) ◽  
pp. 43-58
Author(s):  
Klimis Vogiatzoglou

Abstract This paper examines long-term developments in the quality and efficiency of free market institutional systems across thirteen emerging economies from South, South-east, and East Asia over the 1995–2014 period. The paper also empirically assesses the impact of free market institutions on a country’s inward foreign direct investment (FDI) performance. We find that the free market institutional framework in most economies is still relatively inefficient, restrictive, and underdeveloped but has, nevertheless, substantially improved during the last twenty-year period. Our empirical results also indicate that a free market institutional system in a host-country is a factor that attracts inward FDI to emerging Asian economies by multinational companies. Consequently, policy makers should focus on further improving the quality of free market institutions.


2021 ◽  
Author(s):  
Marina Martinez-Garcia ◽  
Alejandro Rabasa ◽  
Xavier Barber ◽  
Kristina Polotskaya ◽  
Kristof Roomp ◽  
...  

Population confinements have been one of the most widely adopted non-pharmaceutical interventions (NPIs) implemented by governments across the globe to help contain the spread of the SARS-CoV-2 virus. While confinement measures have been proven to be effective to reduce the number of infections, they entail significant economic and social costs. Thus, different policy makers and social groups have exhibited varying levels of acceptance of this type of measures. In this context, understanding the factors that determine the willingness of individuals to be confined during a pandemic is of paramount importance, particularly, to policy and decision-makers. In this paper, we study the factors that influence the unwillingness to be confined during the COVID-19 pandemic by means of a large-scale, online population survey deployed in Spain. We apply both quantitative (logistic regression) and qualitative (automatic pattern discovery) methods and consider socio-demographic, economic and psychological factors, together with the 14-day cumulative incidence per 100,000 inhabitants. Our analysis of 109,515 answers to the survey covers data spanning over a 5-month time period to shed light on the impact of the passage of time. We find evidence of pandemic fatigue as the percentage of those who report an unwillingness to be in confinement increases over time; we identify significant gender differences, with women being generally less likely than men to be able to sustain long-term confinement of at least 6 months; we uncover that the psychological impact was the most important factor to determine the willingness to be in confinement at the beginning of the pandemic, to be replaced by the economic impact as the most important variable towards the end of our period of study. Our results highlight the need to design gender and age specific public policies, to implement psychological and economic support programs and to address the evident pandemic fatigue as the success of potential future confinements will depend on the population's willingness to comply with them.


2021 ◽  
pp. 8-14
Author(s):  
Carson Bullock ◽  
Robert Johanson

Space debris threatens to destroy valuable space infrastructure, but damages from debris are not an inevitability. The scientific community has ideas for how to prevent the creation of new debris and limit the impact of pre-existing debris, but it will take government action to see that vision through. This essay unpacks how we know what we know, in service of ultimately discussing how policy-makers can use predictions of the long-term risks posed by satellites and debris on the orbital environment to more effectively prescribe behavior for operators. Financial incentives for sustainability, including taxation and cap-and-trade systems, have the potential to greatly benefit the safety and reliability of space missions, but they carry a variety of political and economic challenges, particularly at the international level. Now is a critical time to determine a policy strategy for debris management, because negotiations in the near-term may set valuable precedents for controlling the next century of debris proliferation.


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