scholarly journals State intervention in the domestic market restructuring: an example of the Russian sunflower market

2021 ◽  
Vol 114 ◽  
pp. 01026
Author(s):  
Sergey U. Chernikov ◽  
Alexander Zobov
Keyword(s):  
Sunflower Oil ◽  
Oil Prices ◽  
State Intervention ◽  
The Black Sea ◽  
Price Inflation ◽  
Black Sea Region ◽  
Export Duty ◽  
The Government ◽  
The Moment ◽  
The Impact

In recent years, the Russian market of sunflower oil has shown steady growth, while the key trend is the increase and deepening of exports. In 2020, the market showed an increase in exports to China and India, reaching a value of 35% of the total export volume. At the moment, Russia is considering a formula for an export duty on sunflower oil, as it struggles with food price inflation. It is assumed that the export duty on sunflower oil will be structured similarly to that used in the wheat market. The government brokered the deal to mitigate the impact of high international prices on a key domestic product, and was forced to lock in retail sunflower oil prices after domestic sunflower and sunflower oil prices began to rise following last summer’s low sunflower harvest in the Black Sea region. It is expected that the introduction of a new export duty will be able to stabilize domestic food inflation.

THE ECONOMIC-MILITARY IMPORTANCE OF THE BLACK SEA – NORTH SEA CORRIDOR FOR ENSURING STABILITY IN SOUTHEAST EUROPE

2021 ◽  
Vol 17 (1) ◽  
pp. 141-146
Author(s):  
Valentin-Costinel TOTIR ◽  
Roxana ALEXANDRU
Keyword(s):  
Eastern Europe ◽  
Black Sea ◽  
North Sea ◽  
The Black Sea ◽  
Southeast Europe ◽  
European Continent ◽  
Black Sea Region ◽  
South Eastern ◽  
South Eastern Europe ◽  
The Impact

Abstract: During history, the main channel of communication and cooperation between countries was through commerce and, consequently, through transport. Among all the transport ways, the maritime transport is the one that offers the best cost – benefits ratio. This article is addressed to all the people involved or interested in the economic and military fields and aims to highlight the importance of the Black Sea and North Sea connecting corridor in ensuring peace and stability in Europe in general and in South-Eastern Europe in special. To achieve this goal, we will review the historical conflicts among European countries for waterway control and make a descriptive analysis of the stability situation in the areas affected by them. Furthermore, using the hypothetical-deductive method, we will highlight the manner in which the connection of the Black Sea with the North Sea has influenced economic and military exchanges between riparian states and the impact on stability across European continent. At the end of the article, we will show how economic and military stability in south-eastern Europe is influenced and threatened by geopolitical changes in the wider Black Sea region and how this stability can be maintained and strengthened due to the great possibilities for economic cooperation among the countries of Western and South-Eastern Europe. The novelty of this approach is that it aims to analyze the importance of the Black Sea-North Sea channel in the context of fundamental changes in the politico-military situation in South-East Europe, generated by the expansion of the Russian Federation and the conflict between Turkey and Greece, NATO member countries.

Epidemic may shake Chad's government

2020 ◽  
Keyword(s):  
Economic Impact ◽  
Death Rate ◽  
Oil Prices ◽  
New Wave ◽  
Short Term ◽  
Bottom Up ◽  
Content Type ◽  
The Government ◽  
The Impact ◽  
Mission Operation

Subject COVID-19 impact on Chad. Significance Chad has a relatively low number of confirmed COVID-19 cases but appears quite vulnerable to the impact of the pandemic, especially the economic impact. The country’s highly rural and youthful demography may help to slow the spread and keep the death rate low. Yet low oil prices, a return to recession and a new wave of sector-specific protests could pose major challenges for the government. Impacts Chad's epidemic appears unlikely to affect France’s Sahel counterterrorism mission Operation Barkhane, headquartered in Chad. A bottom-up revolution appears unlikely, and no major rebel challengers appear poised to take advantage of COVID-19 and associated crises. President Idriss Deby's government appears unlikely to fall in the short term -- French backing will continue to ensure his survival.

scholarly journals Changes in Crude Oil Prices and the Flow of Government Revenue

2019 ◽  
pp. 1-12
Author(s):  
Chukwunweike Stella ◽  
Achu Tonia Chinedu ◽  
Awa Kalu Idika
Keyword(s):  
Oil Prices ◽  
Oil Price ◽  
Government Revenue ◽  
Distributed Lag ◽  
Autoregressive Distributed Lag ◽  
Oil Revenue ◽  
Crude Oil Prices ◽  
Regression Techniques ◽  
The Government ◽  
The Impact

This work is set out as an investigation into the impact of change in oil prices on government revenue broken into oil and nonoil component. Drawing data from the Central Bank Statistical Bulletin and covering the period 1981 to 2018. The Autoregressive Distributed Lag (ARDL) Model was used because of its advantages over other regression techniques. It was found that changes in oil price affected oil revenue within the studied period leaving no significant impact on nonoil revenue. The result obviously reflects the Nigerian economy and its mono-product characteristic. It is therefore recommended that a conscious policy effort should be made to diversify the economy in a manner that makes revenue to the government multifarious functions.

scholarly journals CAN TURKISH AND US CO-OPERATION IN THE BLACK SEA REGION INCREASE EFFICIENCY GAINS?

2017 ◽  
Vol 10 (2) ◽  
pp. 34-49
Author(s):  
Sedat AYBAR
Keyword(s):  
Black Sea ◽  
Fixed Effects ◽  
Trade Agreement ◽  
Ordinary Least Squares ◽  
The Black Sea ◽  
Efficiency Gains ◽  
Black Sea Region ◽  
The Us ◽  
The Impact ◽  
The Eu

This paper examines the impact of co-operation between Turkey and  the US upon Turkish trade and investments towards the Black Sea  region. The study is particularly important in the conjuncture of the  US withdrawal from the Transatlantic Trade and Investment Partnership (TTIP) and in the wake of signing a free  trade agreement with the EU. An additional matter of importance  relates to the improved Turkey – Russia economic collaboration especially after the “jet” incident and American  involvement with the Middle East. Significant part of the latter is  economic as the US has also explicit economic interests in the  Eastern Meditteranean. A gravity model has been employed using  ordinary least squares on a panel data with fixed effects to analyse aggregate trade. We have also categorized export groups of  Turkey and the US separately. Our findings for both Turkish and the US exports indicate that per-capita GDP of Black Sea countries are  highly persistent and positively correlated with increased efficiency  gains and trade volumes. Regression results show that the US  exports to the EU member countries are on average less than to  those non-EU member Black Sea countries. Hence, we question  whether a possible co-operation between the US and Turkish  companies can help gaining better access to the Black Sea market for their exports.

scholarly journals The Impact of State Intervention on Social Capital of Fishermen Community in Small Islands

2015 ◽  
Vol 6 (2) ◽  
pp. 246-259
Author(s):  
Sakaria J Anwar ◽  
Lala M Kolopaking ◽  
Rilus A Kinseng ◽  
Aida Vitayala S. Hubeis
Keyword(s):  
Social Capital ◽  
State Intervention ◽  
Social Solidarity ◽  
Small Islands ◽  
Snowball Sampling ◽  
Political Capacity ◽  
Depth Interview ◽  
The Government ◽  
The Impact ◽  
Research Show

This paper aims to discuss the impact of state intervention on social capital of fishermen community in small islands. The research was conducted in Barrang Lompo Island, Makassar. The data was collected through in-depth interview and limited observation from twelve informants determined by snowball sampling. Questionnaires were also spread to about 40 respondents. The data was then analyzed qualitatively to explain researchs data and facts. The results of the research show that state intervention for the last ten years on small islands communities has impact on various aspects such as the diminishing loyalty and trust among locals to the government. Therefore, the intervention reduce the communitys participation, individually and collectively, in development activities. The situation, in turn, could affect the diminishing political capacity of the locals and government in the implementation of development in the islands. The state intervention, however, strengthened social solidarity, local value practices and the enthusiasm to understand religious values which in turn could tighten the internal bond of a community. This bond can become a potential strength to build communities in small islands.Tulisan ini bertujuan untuk mendiskusikan dampak intervensi negara pada kapital sosial komunitas nelayan di pulau-pulau kecil. Penelitian ini dilakukan di Pulau Barrang Lompo, Makassar. Pengumpulan data dilakukan melalui wawancara mendalam dan observasi terbatas dari dua belas informan ditentukan oleh snowball sampling. Kuesioner juga menyebar ke 40 responden. Data tersebut kemudian dianalisis secara kualitatif untuk menjelaskan data penelitian dan fakta. Hasil penelitian menunjukkan bahwa intervensi negara selama sepuluh tahun terakhir pada masyarakat pulau-pulau kecil memiliki dampak pada berbagai aspek seperti, mengurangi loyalitas dan kepercayaan di antara penduduk setempat kepada pemerintah. Oleh karena itu, partisipasi mereka, secara individu dan kolektif, dalam kegiatan pembangunan kurang. Ini akan berakibat pada berkurangnya kapasitas politik penduduk setempat dan kapasitas pemerintah dalam pelaksanaan pembangunan pulau. Kendati demikian intervensi negara juga memperkuat solidaritas sosial, praktek nilai lokal dan semangat untuk memahami nilai-nilai agama yang pada gilirannya dapat memperkuat ikatan internal masyarakat. Ikatan ini selanjutnya dapat menjadi kekuatan potensial untuk membangun masyarakat di pulau-pulau kecil.

Oil prices will increase Ecuador's fiscal pressures

2015 ◽  
Keyword(s):  
Monetary Policy ◽  
Budget Deficit ◽  
Oil Prices ◽  
Content Type ◽  
Full Control ◽  
Public Resources ◽  
Oil Sector ◽  
The Government ◽  
The Impact ◽  
Impact Of Falling

Significance The collapse of world oil prices has brought fiscal policy sharply into focus in Ecuador. At a time when the budget deficit is widening and the opposition is strengthening, the government faces the prospect of receiving significantly less income from the oil sector than anticipated. The fallout from the plunge of oil prices coincides with the beginning of the constitutional debate that could allow the re-election of President Rafael Correa in 2017. Impacts The government will intensify efforts to raise oil output in a bid to ease the impact of falling oil prices. Conflicts between central and local government will probably increase as public resources become scarcer. If oil prices remain low, the appeal of exiting dollarisation and establishing full control over monetary policy will rise.

scholarly journals BLACK SEA SECURITY AND ASYMMETRIC MILITARY THREATS IN THE 21ST CENTURY: NEW TRENDS AND NEW CHALLENGES

2021 ◽  
Vol 1 (72) ◽  
pp. 223-235
Author(s):  
Vakhtang MAISAIA
Keyword(s):  
Black Sea ◽  
Security Studies ◽  
International Terrorism ◽  
The Black Sea ◽  
Background Spectrum ◽  
Black Sea Region ◽  
Critical Security Studies ◽  
Copenhagen School ◽  
The Impact

The Black Sea region is increasingly becoming a priority on the international agenda. In fact, a regional approach is emerging as actors understand that common problems need tobe addressed jointly. Nevertheless, cooperation efforts are hampered by a number of factors, such as uneven economic and political development within and among countries, nationalist forces, and longstanding animosities between regional players. In this context, it is imperative to foster sound policies aimed at strengthening dialogue and cooperation so as to contain and ultimately resolve conflicts with peaceful means. However, there is little policy-oriented research on the challenges and opportunities for cooperation in the Black Sea region. The purpose of this paper is to assess the impact of terrorism and its dangers towards the Black Sea region. The work also describes the significance of international terrorism and its general definitions. Besides, the result and findings are based on theoretical studies and assumptions and the result of the analysis of the "Case Study" of the Black Sea region. Case study examines how the Black Sea region influences the spread of terrorism and what threats it poses for this region. Furthermore, the aspects of what makes the region important on international arena are analyzed and the existent and potential security issues are examined, as well as strategicimportance of the region for the EU and NATO is analyzed even from academic framework –“Securitization” theory322. The theory is based on security studies conceptual background and the background spectrum includes: the Copenhagen School and Critical security studies as the type323.Keywords: Black Sea region, Copenhagen School, Critical security studies, Securitization,NATO, EU, Georgia’s national security

scholarly journals The problem of the alkalinity degree diagnostics in the soils of the northwest of the Black sea region

2017 ◽  
pp. 21-32
Author(s):  
Mykhailo Bibik ◽  
Hryhorii Moroz ◽  
Vitalii Kyrylenko ◽  
Artem Kuzmenko
Keyword(s):  
Black Sea ◽  
Final Diagnosis ◽  
Integral Approach ◽  
The Black Sea ◽  
Sodic Soils ◽  
Black Sea Region ◽  
The Status ◽  
The Moment

According to the results of the study of soils in the Northwest of the Black Sea region, it is determined that here, in the profile of vorony-calcic and calcic Chernozems, both residual and weak alkalinity are manifested. It was found out, nowadays, in the national soil science, there are no clear criteria for the selection of sodic soils and for the determination of their alkalinity degree. Furthermore, there is also the question of the differentiation of the actually sodic and residual-sodic soils. It has been established that on the territory of the Northwest of the Black Sea region polygenetic soils – vorony-calcic and calcic Chernozems weakly and residual-sodic were formed and the diagnostics of their classification and taxonomic position for the moment is rather ambiguous. The diagnostic of the alkalinity degree of vorony-calcic and calcic Chernozems in the Northwest of the Black Sea region was carried out in four methodological approaches. It was established, that it is impossible to carry out precise and unambiguous diagnostics of the alkalinity degree of soils of the territory of the study according to existing methods. Thus, the sodic and residual-sodic soils, according to classification of 1977, are almost entirely positioned as weakly sodic in accordance with the “Field determinant of soils”. In turn, taking into account the Novikova approach, the status of these same soils varies from non-sodic to solonetzes according to the degree of illuviation, the final diagnosis of which, however, contradicts the low content of exchangeable sodium. An integral approach to the determination of the alkalinity degree of soils is proposed, which is based on the chronological features of the course and direction of the sodification process. According to this approach, if the alkalinity of the studied soils is relict, its degree should be diagnosed by the illuviation of silt and by the content of exchange Na+ (Ni> 8 %, Na+<3 % – residual-sodic soils, Ni> 8 %, Na+ ≥ 3 % –sodic soils).In turn, in the case of the modern alkalinity, its degree should be determined by the ratio Ca2+/Mg2+ (<4,8) and by the content of the exchangeable Na+ (<3 % – residual-sodic soils, and ≥3 % – sodic soils). Key words: Chernozems, the alkalinity degree, diagnostic, steppe, the Northwest of the Black Sea region.

scholarly journals Asymmetric Impacts of Oil Price on Inflation: An Empirical Study of African OPEC Member Countries

2018 ◽  
Author(s):  
Umar Bala ◽  
Lee Chin
Keyword(s):  
Food Production ◽  
Inflation Rate ◽  
Oil Prices ◽  
Oil Price ◽  
Price Changes ◽  
Long Run ◽  
Dynamic Panels ◽  
The Government ◽  
Opec Member ◽  
The Impact

This study investigates the asymmetric impacts of oil price changes on inflation in Algeria, Angola, Libya and Nigeria. Three different oil price data were applied in this study; the specific spot oil price of individual countries, the OPEC reference basket oil price and an average of the Brent, WTI and Dubai oil price. The dynamic panels ARDL were used to estimate the short and the long-run impacts. Also, this study partitioned the oil price into positive and negative changes to capture asymmetric impacts and found both positive and negative oil price changes positively influenced inflation. However, the impact was found to be more significant when oil prices dropped. The results from the study also found that money supply, the exchange rate and GDP are positively related to inflation while food production is negatively related to inflation. Accordingly, policymakers should be cautious in formulating policies between the positive and negative changes in oil prices as it was shown that inflation increased when the oil price dropped. Additionally, the use of contractionary monetary policy would help to reduce the inflation rate, and lastly, it is proposed that the government should encourage domestic food production both in quantity and quality to reduce inflation.

scholarly journals THE IMPACT OF "WASTENET PROJECT" ON THE ECOLOGY OF TURKEY AND GEORGIA

2015 ◽  
Vol 12 (23) ◽  
pp. 39-46
Author(s):  
Burak KIZILOZ ◽  
Ketevan KUPATADZE
Keyword(s):  
Black Sea ◽  
Waste Water Treatment ◽  
The Black Sea ◽  
Biological Processes ◽  
Black Sea Region ◽  
Natural Treatment Systems ◽  
Natural Treatment ◽  
Regional Authorities ◽  
The Impact

The article describes the project: “A Black Sea network promoting integrated natural Waste water treatment systems – WASTEnet,” which is dedicated to wastewater treatment systems. There is given a discussion of all types of Natural Treatment Systems, their specificity, chemical and biological processes which take place during their functioning. There is shown the impact of this Project and NTS on the example of ecology of Turkey and Georgia. The presented Project helps local and regional authorities and stakeholders to gain insight on the role of innovative and environmentally-friendly technologies, in improving the environment of the Black Sea region.

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