Rosatom will be bright spark in Russia's economy

2015 ◽  
Keyword(s):  
Economic Policy ◽  
Nuclear Power ◽  
Import Substitution ◽  
Rapid Expansion ◽  
Asia Pacific ◽  
Short Term ◽  
Foreign Economic Policy ◽  
Export Markets ◽  
Content Type ◽  
Global Leader

Subject State nuclear power firm Rosatom will form lead of Russia's foreign economic policy. Significance The nuclear power industry is one of the few areas of high-technology in which Russia is a world leader. State-owned Rosatom, whose remit covers Russia's civilian and military nuclear assets, is a global leader across a range of all the stages of the civilian nuclear fuel business. Continued rapid expansion of its export sales, from Asia Pacific to Latin America and parts of Europe, is an important component of Moscow's state-led foreign economic policy. Impacts Domestically, the economic slowdown may hinder Rosatom's plans for expansion of nuclear power. The slowdown in the domestic economy also means that export markets will be the short-term focus of Rosatom's activities. Rosatom is unlikely to benefit significantly from the proposed official import-substitution drive. The company's success on global markets further entrenches Russia's position as an energy superpower.

Kuczynski ouster would rock Peru political stability

2017 ◽  
Keyword(s):  
Decision Making ◽  
Economic Policy ◽  
Credit Rating ◽  
Negative Impact ◽  
Political Stability ◽  
Short Term ◽  
Content Type ◽  
Construction Company ◽  
Institutional Stability ◽  
Delay Decision

Significance Kuczynski’s future as president hangs in the balance. His refusal to heed opposition demands for his resignation may harden the resolve of a congressional majority to vote for his ouster on grounds of ‘moral incapacity’. Kuczynski, who will face his parliamentary accusers on December 21, is embroiled in controversy as to whether he received funds from Brazilian construction company Odebrecht when a minister. Impacts Kuczynski’s removal would probably lead to a downgrade in Peru’s credit rating. It would delay decision-making, but not necessarily herald a shift in economic policy. The hiatus would have a further negative impact on institutional stability. The main beneficiary, at least in the short term, would be Keiko Fujimori.

The future of work: how HR drives digital transformation in the new normal

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ramkumar Chandrasekaran
Keyword(s):  
Business Strategy ◽  
Digital Transformation ◽  
Asia Pacific ◽  
Content Type ◽  
Technology Leaders ◽  
Global Leader ◽  
Information Technology Services ◽  
Technology Services ◽  
Shed Light

Purpose The purpose of this paper is to shed light on how organisations can leverage digital transformation by discussing the importance of having a zero-trust approach when it comes to security. This is something that is imperative, and so this paper aims to provide advice on how organisations can keep their networks and systems safe from cyberattacks and opportunistic cybercriminals. Design/methodology/approach This paper is a thought leadership piece and draws on Tata Consultancy Services (TCS’) COVID-19 Business Impact Survey, which surveys nearly 300 executives on how they are planning and managing the near and long-term impacts of the coronavirus pandemic. Those surveyed represented mostly large companies across 11 countries in North America, Europe and Asia-Pacific. Moreover, 63% of these companies had an annual revenue of over $5bn. Findings The findings from the survey revealed that most organisations lack digital capabilities, and the coronavirus pandemic is exposing these weaknesses. It found that companies with essential digital capabilities (“leaders”) have held up better during the pandemic than those without (“followers). Moreover, the survey demonstrated that there is a significant lack of clarity on how to strategically move on multiple digital fronts cost-effectively. Originality/value As TCS is a global leader in information technology services, consulting and business solutions, this paper provides value to senior business and technology leaders in organisations that hold influence over the company’s security strategies. By focussing on zero trust, this paper recommends how such leaders can rethink and reassess their business strategy to thrive in a post-pandemic world.

Benefits of key Asia-Pacific trade pact will be uneven

2021 ◽  
Keyword(s):  
Climate Change ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
Asia Pacific ◽  
Economic Recovery ◽  
South East Asia ◽  
Short Term ◽  
Content Type ◽  
Open Markets ◽  
Trade Measures

Significance RCEP, which involves the ten ASEAN states and five of the bloc’s Asia-Pacific partners, will be the world’s largest free trade agreement (FTA), covering more than half its exports and almost one-third of its GDP. Impacts RCEP should help drive economic recovery in South-east Asia in the short term as the region tries to manage a COVID-19 resurgence. Western states will benefit from RCEP commitments to maintaining open markets and supporting the global trading regime. A failure by members to formulate a unified response to climate change could lead to punitive trade measures from external players.

New Myanmar government to seek new military hardware

2016 ◽  
Keyword(s):  
East Asia ◽  
Nuclear Power ◽  
South East Asia ◽  
Short Term ◽  
Cooperation Agreement ◽  
Content Type ◽  
Defence Industry ◽  
National League ◽  
Defence Cooperation

Significance This follows Myanmar's National League for Democracy (NLD)-dominated legislature endorsing a new defence cooperation agreement with Russia on May 10. Impacts Tatmadaw modernisation activity is not evidence of preparation to leave politics. Deeper Russian defence ties with Myanmar will support Moscow's policy reorientation in South-east Asia. Myanmar and Russia are currently unlikely to agree a nuclear power deal. In the short term, substantive Myanmar-Russia counterterrorism cooperation is unlikely. Myanmar's domestic defence industry is likely to grow.

Trucking travails highlight Brazil's vulnerabilities

2018 ◽  
Keyword(s):  
Economic Policy ◽  
Supply Chains ◽  
Road Transport ◽  
Short Term ◽  
Content Type ◽  
Presidential Candidates ◽  
Industrial Action

Significance Even in a country used to trucking strikes, the latest industrial action had a dramatic impact. As roadblocks profoundly disrupted supply chains across the economy, petrol stations and airports ran out of fuel, supermarket shelves were empty, classes were suspended, hospitals faced lack of medicines and postponed operations, factories closed their gates and livestock died on farms unable to acquire feed. Impacts Brazil’s over-dependence on road transport cannot be reduced in the short term. Few presidential candidates are discussing the causes of underperformance, increasing post-election economic policy uncertainties. The next president is unlikely to enjoy a ‘honeymoon’ with an angry population.

Turkish economic policy will be inconsistent to 2019

2017 ◽  
Keyword(s):  
Economic Policy ◽  
Financial Markets ◽  
Interest Rates ◽  
Capital Inflows ◽  
Policy Uncertainty ◽  
Economic Policies ◽  
Short Term ◽  
Content Type ◽  
Doing Business ◽  
The Eu

Subject Economic policy to 2019. Significance In a climate of global monetary tightening, domestic and international political tensions, and brittle ties with the EU, investor-friendly economic policies would help secure continued capital inflows and investment in Turkey, thus keeping the lira stable and maintaining a tenuous economic recovery. However, economic policy has recently been geared towards achieving a short-term boost rather than longer-term stability and competitiveness. Impacts The AKP may not regain the confidence of international financial markets, which once saw it as a 'safe pair of hands' for the economy. Sharp variations in exchange rates, interest rates, prices and demand are likely given global conditions and unpredictable policy-making. Economic policy uncertainty will add to the complexity of the environment for doing business.

The Reluctant Dragon: Crisis Cycles in Chinese Foreign Economic Policy. By Lawrence C. Reardon. [Seattle, WA: University of Washington Press, 2002. 355 pp. £34.50. ISBN 0-295-8121-0.]

2004 ◽  
Vol 177 ◽  
pp. 217-219
Author(s):  
David Zweig
Keyword(s):  
Economic Policy ◽  
Development Strategy ◽  
Import Substitution ◽  
Policy Position ◽  
Foreign Trade Policy ◽  
Foreign Economic Policy ◽  
Elite Group ◽  
Cyclical Pattern ◽  
Western Scholarship ◽  
Dominant Coalition

According to Lawrence Reardon, most Western scholarship on PRC foreign economic policy before 1978 painted the entire period as one highlighted by Maoist autarky. In fact, argues Reardon in this conceptually framed and empirically rich book, from 1949 to 1979 China's foreign trade policy actually shifted back and forth in a cyclical pattern between “semi-autarky” and an “import substitution industrialization” (ISI) strategy. These were the two dominant, but competing, elite visions of how to attain the uniformly accepted goal of “self-reliance.” The two coalitions who held these views also disagreed about the motivational strategy the state should employ, with the semi-autarkists favouring a normative/mobilizational strategy, while the ISI coalition preferred a remunerative/administrative one. The driving force of the cyclical shifts were economic crises that triggered reassessments of the ongoing policy position by the competing elite group, who used problems in the extant development strategy to undermine the legitimacy of its opponents and their policy. The new dominant coalition then proposed its program, which eventually faced a crisis, ending the cycle of the policy process.

Anti-crisis measures or structural reforms: Russia’s economic policy in 2015

2016 ◽  
pp. 5-33 ◽  
Author(s):  
V. Mau
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Structural Transformation ◽  
Growth Model ◽  
Emerging Economies ◽  
Social Issues ◽  
Import Substitution ◽  
Structural Reforms ◽  
Energy Prices ◽  
New Models

The paper deals with 2015 trends and challenges for social and economic policy in the nearest future. The analysis of global crisis includes: uneven developments in the leading advanced and emerging economies; new models of economic growth which look differently in different countries; prospects of globalization and challenges of ‘regional globalization’; currency configurations of the future; energy prices dynamics and its influence on political and economic prospects of particular states. Current challenges are discussed in the context of previous 30 years. Among the main topics on Russia, there are approaches to a new growth model, structural transformation (including import substitution issues), economic dynamics, budget and monetary outlines, social issues. The priorities of economic policy are also considered.

Economic Mechanism for Managing the Communication Business Process of Industrial Enterprises in the Context of Globalization

2020 ◽  
pp. 63-73
Author(s):  
Konstyantyn Yu. Zavrazhnyi
Keyword(s):  
Economic Policy ◽  
Corporate Culture ◽  
Business Processes ◽  
Market Competition ◽  
Effective Interaction ◽  
Psychological Impact ◽  
Foreign Economic Policy ◽  
Economic Mechanism ◽  
Industrial Enterprises ◽  
Definition Of

The paper provides a definition of the economic mechanism for managing the communication business processes of industrial enterprises in the context of globalization as a set of a system of relations, authorities, forms and methods of organization and operation, which are regulated by legal and other norms of activity and provide effective interaction in internal and external environments. This allows to deepen the understanding of the essence in the context of globalization under the orientation towards communication (we mean interaction first of all). The composition of the comprehensive economic mechanism for managing the communication business processes of industrial enterprises is studied. This mechanism includes organizational, economic, legal, political, technical and technological, market, production, social, motivational, adaptive and communication submechanisms. This allows further formalization of the process of elemental improvement of the communication business processes of industrial enterprises. The components of mechanism are detailed. In particular, the economic submechanisms include the mechanisms of profits distribution, economic stimulus, financial, equity, investment and reinvestment in development and other mechanisms. The legal submechanisms include the mechanisms, which govern communication and professional legal relations. Organizational submechanisms include structural mechanisms, administrative and information mechanisms that ensure the development and modernization of communication activities at the enterprise, its information security. Political submechanisms include mechanisms of information policy, social and economic policy and foreign economic policy. Market submechanisms include the ones of market competition, demand and supply, etc. Social submechanisms include the ones of transparency of doing business, social responsibility, social and psychological impact, etc. Production submechanisms include the following ones: resource, implementation of new types of software and hardware and other. Technical and technological submechanisms include the ones of scientific and technological progress, technological updates. Motivational submechanisms include the mechanisms of material and non-material incentives of personnel. Adaptive submechanisms are the submechanisms of innovative development (including implementation of innovations in information field), managing the personnel potential, etc. Communication submechanisms include the ones of information-and-analytical activities (including research conducting); external communications (including the system of integrated communications tools, modern telecommunications and communications facilities); internal communications (including creating corporate culture). Key words: economic mechanism, submechanisms, management, communications, business processes, industrial enterprise.

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