A Revisionist History

2020 ◽  
pp. 121-134
Author(s):  
Phillip Brown
Keyword(s):  
Emerging Economies ◽  
Social Transformation ◽  
Global Economy ◽  
Human Freedom ◽  
Policy Initiative ◽  
Human Flourishing ◽  
The World ◽  
Revisionist History ◽  
Orthodox Theory ◽  
As If

This chapter reconsiders a number of the as if assumptions that shaped the orthodox theory and policy initiative developed around the world. It argues that these as if assumptions need to be rejected at a time when the increasing competition for decent jobs in both developed and emerging economies has resulted in a narrowing of freedom. Within this context, people need to invest more time and effort jumping through more and higher hoops in order to stay in the competition. This is a manifestation of the “impossible pressures” put on people in today’s global economy. The chapter contends that this has narrowed rather than extended human freedom as predicted by the orthodox approach. An urgent need therefore exists to present a radically different interpretation of human flourishing under conditions of economic and social transformation.

scholarly journals DOES MIDDLE INCOME TRAP EXIST?: EVIDENCE FROM EMERGING ECONOMIES: E7 COUNTRIES FOR 1969-2015

2018 ◽  
Vol 27 (1) ◽  
pp. 145-158
Author(s):  
Burcu YAVUZ TIFTIKÇIGIL ◽  
Burak GÜRIŞ ◽  
Yaşar Serhat YAŞGÜL
Keyword(s):  
World Bank ◽  
Emerging Economies ◽  
Unit Root ◽  
Global Economy ◽  
Unit Root Tests ◽  
Middle Income ◽  
Income Category ◽  
The World Bank ◽  
The World ◽  
Middle Income Trap

The E7 countries (China, India, Brazil, Russia, Mexico, Indonesia and Turkey)that have been growing fast since 1990s have been under the middle income countrycategory according to the income category classification of the World Bank for a longperiod of time. Researchers have been interested especially in emerging economies thathave not been able to move up from the middle income category to the high incomecategory and this has led to the initiation of what’s called the ‘middle income trap’ (MIT)discussions in literature. The MIT is generally defined as the countries under the middleincome category failing to move up to the high income category. Therefore, the purpose ofthis study is to identify the presence of MIT in E7 countries that hold an importantposition in global economy. The unit root tests were used in the empirical phase of thestudy. This study’s difference from other studies is the fact that both the time series andthe panel data unit root tests were used both in linear and nonlinear forms, thuspreventing the misleading results created by choosing the wrong model specification.The USA was taken as the reference country in the study and the GNI per capitaaccording to the Atlas method (current US$) data of the World Bank was used for the E7countries for the period 1969-2015. To achieve consistency in the analysis results, Russiawas not included in the model as there were no data available for the same period forRussia given the fact that the same timeframe should be taken as the basis for allcountries. The empirical analysis showed that the E7 countries do not fall into the MIT.

Globalization and interconfessional communications

2001 ◽  
pp. 13-17
Author(s):  
Serhii Viktorovych Svystunov
Keyword(s):  
21St Century ◽  
Global Economy ◽  
Modern World ◽  
The World ◽  
Target Set ◽  
Almost All ◽  
Over Time ◽  
Rapid Appearance

In the 21st century, the world became a sign of globalization: global conflicts, global disasters, global economy, global Internet, etc. The Polish researcher Casimir Zhigulsky defines globalization as a kind of process, that is, the target set of characteristic changes that develop over time and occur in the modern world. These changes in general are reduced to mutual rapprochement, reduction of distances, the rapid appearance of a large number of different connections, contacts, exchanges, and to increase the dependence of society in almost all spheres of his life from what is happening in other, often very remote regions of the world.

The Role of Technological Change in the Long-run Global Economy Forecasting

2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin
Keyword(s):  
Technological Change ◽  
Data Quality ◽  
Long Range ◽  
Global Economy ◽  
World Economy ◽  
Qualitative Approaches ◽  
Long Run ◽  
The World ◽  
National Economies

The author compares several quantitative and qualitative approaches to forecasting to find appropriate methods to incorporate technological change in long-range forecasts of the world economy. A?number of long-run forecasts (with horizons over 10 years) for the world economy and national economies is reviewed to outline advantages and drawbacks for different ways to account for technological change. Various approaches based on their sensitivity to data quality and robustness to model misspecifications are compared and recommendations are offered on the choice of appropriate technique in long-run forecasts of the world economy in the presence of technological change.

INTERNATIONAL BUSINESS IN THE CONDITION OF THE CORONA-CRISIS

2017 ◽  
Author(s):  
Karina Pasulka ◽  
◽  
Nataliya Kushnir ◽  
Keyword(s):  
International Business ◽  
Global Economy ◽  
German Economy ◽  
Italian Economy ◽  
The World

Introduction. The situation in the global economy and business during the COVID-19 pandemic is analyzed in this article. More than 30 million people worldwide have already been infected with the coronavirus, which came from China. However, the spread of the disease has also had an extremely serious impact on the economies of various countries in the world. The Organization for Economic Co-operation and Development has already said that it will take many years for the world to recover from the pandemic. EU GDP in the second quarter of 2020 showed a record decline - 14.4% year on year. The German economy returned to the level of 2011, the Spanish - in 2002, and the Italian economy was rejected in the early 1990s. These and other characteristics show the importance of research on this topic and problem, because it does not apply to a particular region or a particular country, but the whole world.

Religiusitas Tokoh-Tokoh Dalam Novel Bumi Cinta Karya Habiburrahman El-Shirazy

AKADEMIKA ◽  
2014 ◽  
Vol 8 (2) ◽  
pp. 205-221
Author(s):  
Minahul Mubin
Keyword(s):  
Young People ◽  
Literary Criticism ◽  
Human Freedom ◽  
Religious Values ◽  
Human Beings ◽  
Relationship With God ◽  
Belief In God ◽  
The World ◽  
Religious Aspects ◽  
Religious Elements

A novel titled BumiCinta written by Habiburrahman El-Shirazy takes place in the Russian setting, in which Russia is a country that adopts freedom. Russia with various religions embraced by its people has called for the importance of human freedom. Free sex in Russia is commonplace among its young people. Russia is a country that is free with no rules, no wonder if there have been many not embracing certain religion. In fact, according to data Russia is a country accessing the largest porn sites in the world. Habiburrahman in his Bumi Cinta reveals some religious aspects. He incorporates the concept of religion with social conflicts in Russia. Therefore, the writer reveals two fundamental issues, namely: 1. What is the characters' religiosity in the Habiburrahman El-Shirazy'sBumiCinta? 2. What is the characters' religiosity in the BumiCinta in their relationship with God, fellow human beings, and nature ?. To achieve the objectives, the writer uses the religious literary criticism based on the Qur'an and Hadith. It emphasizes religious values in literature. The writer also uses the arguments of scholars and schools of thought to strengthen this paper. This theory is then used to seek the elements of religiousity in the Habiburrahman El-Shirazy'sBumiCinta. In this novel, the writer explains there are strong religious elements and religious effects of its characters, especially the belief in God, faith and piety

PREREQUISITES FOR THE DEVELOPMENT OF NUCLEAR ENERGY IN THE GLOBAL ECONOMY

2020 ◽  
Vol 2 (3) ◽  
pp. 153-158
Author(s):  
E. V. YANUSIK ◽  
Keyword(s):  
Energy Consumption ◽  
Economic Efficiency ◽  
Global Economy ◽  
Nuclear Power ◽  
Power Plants ◽  
Nuclear Energy ◽  
World Market ◽  
Global Energy ◽  
The World ◽  
Global Energy Consumption

The article discusses the main prerequisites for the development of nuclear energy in the global econo-my, also defines nuclear energy and discusses the structure of global energy consumption. The article proves that the crucial prerequisite for the development of nuclear energy in the world market is the economic efficiency of nuclear power plants.

Cyclic Economic Dynamics and Deflationary Phenomena: Analysis and Forecasts

2018 ◽  
pp. 48-62
Author(s):  
Руслан Гринберг ◽  
Ruslan Grinberg ◽  
Леонид Гринин ◽  
Leonid Grinin ◽  
Андрей Коротаев ◽  
...  
Keyword(s):  
Economic Crisis ◽  
Global Economy ◽  
World Economy ◽  
Control Mechanisms ◽  
Economic Dynamics ◽  
Western Economy ◽  
The World

The modern deflationary phenomena in the western and global economy are attributed to the fact that currently it is at the downward phase of the fifth long K-wave. Deflation has always been typical for the depressive periods in economy; presently it also manifests itself as the world economy has turned global, yet it lacks any control mechanisms. The authors suppose that a new economic crisis will break out in the western economy in the second half of 2018–2019 and that the depressive and deflationary trends will continue for another number of years.

Conclusion

2018 ◽  
Author(s):  
Matthew A. Shadle
Keyword(s):  
Global Economy ◽  
Economic Life ◽  
Social Teaching ◽  
Human Society ◽  
Pope Francis ◽  
The World ◽  
Entire Cosmos ◽  
Natural Ecology ◽  
Theological Vision ◽  
New Framework

The conclusion looks at the teaching of Pope Francis, considering the possibility that it represents the emergence of a new framework for Catholic social teaching. Pope Francis has emphasized that the encounter with Jesus Christ brings about an experience of newness and openness. He has also proposed a cosmic theological vision. His concept of “integral ecology,” introduced in his encyclical Laudato Si’, illustrates how human society is interconnected with the natural ecology of the planet earth and the entire cosmos. He proposes that the economy, society, culture, and daily life are all interconnected “ecologies.” In a speech to the World Meeting of Popular Movements in 2015, Pope Francis also explains how social movements devoted to local issues can nevertheless have a profound effect on the structures of the global economy. In his teachings, Pope Francis presents an organicist and communitarian vision of economic life.

Globalization and Benedict XVI’s Caritas in Veritate

2018 ◽  
Author(s):  
Matthew A. Shadle
Keyword(s):  
Hong Kong ◽  
Vulnerable Populations ◽  
Global Economy ◽  
Catholic Social Teaching ◽  
Communication Technologies ◽  
Social Teaching ◽  
Catholic Social Thought ◽  
Caritas In Veritate ◽  
The World ◽  
The Trinity

In recent years the economy has become globalized. Globalization is the increased flow of goods, services, capital, people, and culture facilitated by innovations in transportation and communication technologies. This chapter examines the phenomenon of globalization and its impact on Catholic social teaching. It looks, in particular, at Pope Benedict XVI’s encyclical Caritas in Veritate. Pope Benedict criticizes how the current global economy exploits and excludes vulnerable populations around the world. Caritas in Veritate further develops the communio framework initiated by John Paul II and proposes that the communion of the three Persons of the Trinity provides a model for the shape globalization should take, recognizing unity in the midst of diversity. The chapter also looks at how Catholic social thought itself is globalizing, examining in particular the work of Mary Mee-Yin Yuen from Hong Kong and Stan Chu Ilo from Nigeria.

Women in the World

2018 ◽  
Author(s):  
Jerusha Tanner Lamptey
Keyword(s):  
Theological Anthropology ◽  
Human Freedom ◽  
Individual Autonomy ◽  
Systemic Transformation ◽  
The World ◽  
Feminist Perspectives

This chapter focuses on theological anthropology and probes the extent and reality of human freedom, especially considering structural and systemic constraint. It begins by exploring existing formulations of egalitarian anthropology that foreground tawhid, fitra, khilafah, and taqwa. It then engages Christian womanist and feminist perspectives on theological anthropology, embodiment, constraint, and survival articulated by M. Shawn Copeland, Jeannine Hill Fletcher, and Delores S. Williams. These perspectives prompt important considerations of individual autonomy and systemic injustice, and of possible responses to such injustice. The chapter concludes by articulating a Muslima theological expansion of taqwa—transformative taqwa—that centers Hajar and stresses systemic transformation through visibilization, conscientization, and prioritization of the marginalized.

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