Energy, Technology, and (Possibly) the Nature of the Next World Economy Upswing

2018 ◽  
Author(s):  
William R. Thompson ◽  
Leila Zakhirova
Keyword(s):  
World Economy ◽  
Internal Combustion Engines ◽  
Fossil Fuels ◽  
Strong Relationship ◽  
Energy Sources ◽  
Combustion Engines ◽  
Energy Technology ◽  
Policy Responses ◽  
The World ◽  
World Economic

In the last several upswings of the world economy, core innovations paired new engines with new fuels: steam engines with coal, internal combustion engines with petroleum, and numerous electricity-driven applications with fossil fuels. In each instance, the new fuels initially were inexpensive, abundant, and incredibly powerful but also damaging to the climate and environment. Now we need to develop engines that can run using decarbonized fuels to minimize CO2 emissions. In this chapter we shift our focus to the implications of carbon-based energy sources, system leadership, and climate change. We first review the evidence for a strong relationship between global warming and fossil fuels and then consider what might be done to forestall the consequences of such a relationship.We then relate macro-level fluctuations in world economic growth to policy responses focusing largely on electricity and transportation.

Different Approaches for Determination of Internal Combustion Engines Performances

2016 ◽  
Vol 822 ◽  
pp. 169-174
Author(s):  
Alexandru Mihai Dima ◽  
Dragos Tutunea ◽  
Marin Bica
Keyword(s):  
Automotive Industry ◽  
World Economy ◽  
Internal Combustion Engines ◽  
Combustion Engine ◽  
Engine Performance ◽  
Internal Combustion ◽  
Combustion Engines ◽  
Continue Development ◽  
The World

The automotive industry represents one of the most important segments of the world economy that has to be in a continue development. The latest procedures for determination of an internal combustion engine performance have a big acquisition cost and demand special conditions even if the tested engine has smaller dimensions. The present paper presents other accessible solutions for this matter.

The world and Russia: Inflation is minimal, economic growth is slowing, risks are rising

2019 ◽  
pp. 5-23 ◽  
Author(s):  
Mikhail V. Ershov ◽  
Anna S. Tanasova
Keyword(s):  
Economic Growth ◽  
Financial Markets ◽  
World Economy ◽  
Domestic Demand ◽  
New Combination ◽  
Russian Economy ◽  
The World ◽  
World Economic ◽  
Money Creation ◽  
Main Factors

Russian economy has reached the low level of inflation, but economic growth has not accelerated. Moreover, according to official forecasts, in the following years it will still be low. The article concludes that domestic demand, which is one of the main factors of growth, is significantly constrained by monetary, budgetary and fiscal spheres. The situation in the Russian economy is still hampered by the decline of the world economic growth. The prospects of financial markets are highly uncertain. This increases the possibility of crisis in the world. Leading countries widely use non-traditional measures to support their economies in the similar environment. In the world economy as well as in Russia a principally new combination of factors has emerged, which create specific features of economic growth. It requires special set of measures to stimulate such growth. The article proves that Russian regulators have large unused potential to stimulate growth. It includes monetization, long-money creation, budget and tax stimuli. It is important that the instruments, which will be used, should be based on domestic mechanisms. This will strengthen financial basis of the economy and may encourage economic growth. Some specific suggestions as to their use are made.

The World Economy through the Lens of the United Nations

2018 ◽  
Keyword(s):  
World War Ii ◽  
United Nations ◽  
Global Economy ◽  
World Economy ◽  
Social Conditions ◽  
Policy Recommendations ◽  
The Past ◽  
The World ◽  
World Economic ◽  
The United Nations

This volume documents the intellectual influence of the United Nations through its flagship publication, the World Economic and Social Survey (WESS) on its seventieth anniversary. Prepared at the Department of Economic and Social Affairs (DESA) and first published in 1948 as the World Economic Report (subsequently renamed the WESS), it is the oldest continuous post-World War II publication of this kind, recording and analysing the performance of the global economy and social development trends, and offering relevant policy recommendations. This volume highlights how well WESS has tracked global economic and social conditions, and how its analyses have influenced and have been influenced by the prevailing discourse over the past seven decades. The volume critically reflects on its policy recommendations and their influence on actual policymaking and the shaping of the world economy. Although world economic and social conditions have changed significantly over the past seven decades and so have the policy recommendations of the Survey, some of its earlier recommendations remain relevant today; recommendations in WESS provided seven decades ago seem remarkably pertinent as the world currently struggles to regain high levels of employment and economic activity. Thus, in many ways, WESS was ahead of the curve on many substantive issues. Publication of this volume will enhance the interest of the wider community of policymakers, academics, development practitioners, and members of civil society in the analytical work of the UN in general and UN-DESA in particular.

Arrighi’s Theory of systemic cycles of capital accumulation as a mechanism of cyclical development of the Global Economy

2021 ◽  
pp. 966-981
Author(s):  
Sergey Gennadyevich Kapkanshchikov
Keyword(s):  
Capital Accumulation ◽  
World Economy ◽  
Global Analysis ◽  
Methodological Approach ◽  
The United States ◽  
State Regulation ◽  
Economic Order ◽  
The World ◽  
World Economic ◽  
World Economic Order

The article uses the methodology of systemic global analysis and the theory of systemic cycles of capital accumulation to argue that we are now at a turning point of the modern era in connection with the unfolding change in the dominant world economic order. Based on the methodological approach, within the framework of which there is a hegemonic country and the rest of the world, the forecast regarding the forthcoming multipolarity of the world economy is rejected. Various stages of capital and financial expansion with their inherent, respectively, dirigistic and liberal models of state regulation of the economy are compared to each other. A chronological overview of the Spanish-Genoese, Dutch, British, American and Asian accumulation cycles is presented. The patterns of their change in the course of the formation of new technological structures are revealed. The place of Russia in the process of natural evolution of world economic structures is also identified. The objective and subjective reasons for the longterm hegemony of the United States, as well as factors of the upcoming completion of the American cycle of capital accumulation in the foreseeable future, are revealed. The author outlines the tactics employed by the American authorities to counteract the objective hegemonic cycles. The reasons for the movement of the center of the world economy to the East Asian region are revealed, with the justification of the need for a natural inclusion of Russia in the functioning of the Asian world economic order.

scholarly journals The Impact of Domestic and Foreign Environment on China’s EconomicDevelopment

2020 ◽  
Vol 1 (1) ◽  
Author(s):  
Mengya Cao
Keyword(s):  
Financial Crisis ◽  
Economic Crisis ◽  
World Economy ◽  
Industrial Structure ◽  
Negative Impact ◽  
Economic Losses ◽  
The World ◽  
World Economic ◽  
Short Time ◽  
The Impact

In recent years, the financial crisis has affected the economies of all countries in the world. At that time, it seriously restricted the development of the world economy. From a modern perspective, the difficult period of the world economic crisis caused by the financial crisis has passed, but the negative impact of the economic crisis can not be eliminated in a short time. Dispersed, the crisis has brought both opportunities and challenges to the country as well as heavy economic losses. Under the background of economic globalization, only by making a scientific and effective analysis of the world economic situation and keeping up with the trend of the world economy, can we effectively promote the domestic economic development and industrial structure, and enable our economy to develop healthily and substantially.

The World Economy

1997 ◽  
Vol 159 ◽  
pp. 28-56
Author(s):  
Julian Morgan ◽  
Nigel Pain ◽  
Florence Hubert
Keyword(s):  
World Trade ◽  
World Economy ◽  
Fiscal Consolidation ◽  
The Third ◽  
The North ◽  
External Demand ◽  
The Us ◽  
The World ◽  
World Economic ◽  
The Uk

There are now widespread signs that activity in the world economy has begun to recover steadily from the pause in growth apparent at the beginning of 1996. Output rose by 0.6 per cent in the North American economies in the third quarter of last year and by 0.8 per cent in Europe. Business and consumer sentiment has improved gradually in recent months in most of the major economies. We expect world economic growth to pick up further over the course of this year as the contractionary effects from the downturn in world trade and prolonged inventory adjustment come to an end and as the effects from a more relaxed monetary stance begin to outweigh those from ongoing fiscal consolidation. Recent currency movements should help to stimulate external demand in Germany, France and Japan, but may act to constrain growth within the UK, Italy and the US. For both this year and 1998 we expect growth of around 2½ per cent per annum in the OECD economies.

Chapter II. The World Economy

1974 ◽  
Vol 70 ◽  
pp. 23-37
Keyword(s):  
United States ◽  
World Economy ◽  
Developed Countries ◽  
The United States ◽  
Oecd Countries ◽  
The Other ◽  
Industrial Countries ◽  
The World ◽  
World Economic ◽  
Economic Position

The world economic position and prospects have worsened further in the last three months. In the United States and Japan, in particular, recessionary conditions are proving to be more marked and more prolonged than we had expected, and it looks as though by the end of the year all the major industrial countries, with the possible exception of France, will have experienced at least one quarter in which output has fallen or at best shown no appreciable rise. The other developed countries have fared better, but we no longer expect there to be any growth of output in the OECD area either in the second half of the year or in the year as a whole. In 1975 the position should be rather better, at least by the second half. We expect OECD countries' aggregate GNP to grow by about 2 per cent year-on-year and nearly 3 per cent between the fourth quarters of 1974 and 1975.

GLOBAL TRENDS AND CHALLENGES WORLD ECONOMY

2021 ◽  
Vol 3 (9) ◽  
pp. 112-117
Author(s):  
L. V. AGARKOVA ◽  
◽  
T. G. GURNOVICH ◽  
M. G. RUSETSKY ◽  
I. M. PODKOLZINA ◽  
...  
Keyword(s):  
Global Economy ◽  
World Economy ◽  
International Community ◽  
World Economic Forum ◽  
Global Trends ◽  
The World ◽  
World Economic ◽  
Financial Consequences ◽  
Definition Of ◽  
Statistical Indicators

This article examines the main global threats of 2021 presented at the World Economic Forum, namely, the economic risks that are most likely to affect the international community in the current year. The article also analyzed the financial consequences of the COVID-19 pandemic, which undoubtedly made ad-justments to the definition of the main global threats of our time. In addition, the risks were considered in relation to the current statistical indicators of the Russian and global economy.

Energy and Energy Efficiency

2010 ◽  
pp. 1-9
Keyword(s):  
Energy Efficiency ◽  
Renewable Energy ◽  
Nuclear Waste ◽  
Nuclear Power ◽  
Fossil Fuels ◽  
18Th Century ◽  
Renewable Energy Sources ◽  
Nuclear Power Engineering ◽  
Energy Sources ◽  
The World

Originally, coal was the main source of energy. It remains so throughout the 18th century during the period of the rapid industry development. Later on, oil and naphtha began to be used as energy sources and their usage expanded especially in 19th century. A special feature of the above mentioned fossil fuels is their long creation period – requiring millennia. They are a result of rotting of different plant and animal kinds. In comparison to the period of their formation, the period of their utilization is far shorter. In accordance with a number of existing statistics about 2050 year it may be talked about a depletion of the liquid fossil fuels, also, the world coal supplies are considered to last within the next 200 years. Therefore, the development of nuclear power engineering is considered to be one of the alternatives to generate energy. Recently, the nuclear power energy generation has been denied in many countries because of the risks associated with its generation and because these risks have been confirmed by serious accidents throughout the World. The storage of worked nuclear waste is also a problem and risky. The renewable energy sources are another possibility to generate energy.

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