A Study on the Impact of Financial Development on the RMB Settlement of Cross-Border Trade

2018 ◽  
Author(s):  
Ge Jiali ◽  
Du Yulan
Keyword(s):  
Financial Development ◽  
Cross Border ◽  
Border Trade ◽  
The Impact

scholarly journals Globalization and Economic Development: A Study of Nagaland

2010 ◽  
Vol 6 (3) ◽  
pp. 199-211
Author(s):  
Komol Singha
Keyword(s):  
Economic Development ◽  
Social Welfare ◽  
Eastern Region ◽  
Informal Trade ◽  
Cross Border ◽  
North East ◽  
The North ◽  
Border Trade ◽  
The Government ◽  
The Impact

With the emergence of globalization, economic integration among nations has become a necessity. Cross border trade is the most important medium of the current wave of globalization. In this process, knowingly or unknowingly the North East economy has emerged in to a new dimension of cross border trade (informal trade) with neighboring nations and that increases Social Welfare of the poor masses of the region. But the formal arrangements, like ‘Look East Policy’ stumbles the social welfare of the region. Border trade is the first and foremost important component of globalization and informal trade is multiple times more than the formal trade in this region. By this process, sustainable development is generated and it is visible now in this region. With the help of primary and secondary data, this paper tries to analyze the impact of globalization or cross border trade in the North East India (NEI). How far this globalization through cross border trade increases social welfare or generates sustainable economic development of the region is the core issue of this paper. For this purpose, the author has selected Nagaland as an area of study. Of late, the Government has initiated several pro-active measures to strengthen its economic growth further. In this direction, India’s Look East Policy is worth mentioning. Under this policy, India seeks economic cooperation with ASEAN and other neighbouring countries through the gateway of the North-Eastern Region. Despite initiatives of economic development, still the process is not heading towards the right direction. There are some institutional lacunae in this process. This paper is the modest attempt to highlight these lacunae and tries to recommend some feasible suggestions to overcome in this direction.

Transformation of domestic trade in Russia in the context of digitalization of the economy

2020 ◽  
pp. 27-38 ◽  
Author(s):  
V.P. Cheglov ◽  
A.N. Stolyarova
Keyword(s):  
Medium Term ◽  
Consumer Market ◽  
Trading Systems ◽  
Cross Border ◽  
Online Sales ◽  
Domestic Trade ◽  
Current Trends ◽  
Border Trade ◽  
Geographically Distributed ◽  
The Impact

The article analyzes the development of the consumer market and domestic trade in Russia in the conditions of permanent crisis and digitalization of the economy. The current trends in the transformation of domestic trade are analyzed, and the place of online sales technologies in the medium term is shown. Institutional models of building trade organizations in the online sphere and the impact of cross-border trade are studied. The development of online structures in the medium term is predicted, as well as the impact of cross-border trade. The article substantiates the acceleration of integration processes in the field of online trade, the merging of offline and online infrastructure, the disappearance of small trading businesses as a market entity, its integration into geographically distributed omnichannel trading systems, the development of which will mean de facto monopolization of the market.

Concerns and Prospects of Yuan’s Internationalization

2014 ◽  
pp. 36-44
Author(s):  
M. Zharikov
Keyword(s):  
Economic Development ◽  
International Reserve ◽  
Reserve Currency ◽  
Cross Border ◽  
Border Trade ◽  
The Status ◽  
The Government ◽  
Financial Transactions ◽  
The Impact ◽  
Chinese Yuan

The purpose of this article is to analyze Chinese Yuan and major international reserve currencies on the basis of particular criteria such as a currency’s use in settling cross-border trade and financial transactions. The author estimates the potential of Yuan’s convertibility and its achieving the status of an international reserve currency. The author lays out a background to assess the impact of these probabilities on stable and sustainable economic development in China itself. The conclusion is that the character of Yuan’s internationalization is strikingly different from similar examples of other currencies’ historic paths to an international reserve currency status in that it is closely controlled by the government.

CROSS-BORDER TRADE AND ECONOMIC COOPERATION OF THE SAMARA REGION AS A FACTOR IN THE FORMATION OF THE TERRITORIAL CAPITAL OF THE REGION: ANALYSIS OF THE DYNAMICS AND ASSESSMENT OF THE IMPACT ON THE REGIONAL ECONOMY

2021 ◽  
Author(s):  
Марина Викторовна Курникова ◽  
Светлана Сергеевна Асанова
Keyword(s):  
Regional Economy ◽  
Economic Cooperation ◽  
Region Analysis ◽  
Cross Border ◽  
Border Trade ◽  
The Impact ◽  
Cross Border Cooperation

Основной целью статьи является выявление современных перспективных направлений приграничного торгово-экономического сотрудничества Самарской области. Для этого определен комплекс показателей и проведен анализ влияния приграничного сотрудничества на экономику региона. Выявлены основные направления, стимулирующие совокупность локализованных активов, составляющих территориальный капитал. The main purpose of the article is to identify modern promising areas of cross-border trade and economic cooperation of the Samara region. For this purpose, a set of indicators was determined and an analysis of the impact of cross-border cooperation on the region's economy was carried out. The main directions that stimulate the set of localized assets that make up the territorial capital are identified.

Trade at the Polish-Ukrainian borderland—selected economic aspects

2019 ◽  
Vol 64 (2) ◽  
pp. 44-63 ◽  
Author(s):  
Małgorzata Wosiek ◽  
Ryszard Kata
Keyword(s):  
Basic Research ◽  
Data Bank ◽  
Upward Trend ◽  
Local Data ◽  
Change Rate ◽  
Cross Border ◽  
Political Events ◽  
Border Trade ◽  
Migration Flows ◽  
The Impact

The purpose of the study is to characterize and assess the influence of selected economic factors on the value of purchases made by Ukrainian citizens in Poland at the border (so-called unregistered turnover on customs declarations). The ex-change rate andlabour migration as well as the impact of political disorders that occurred at the end of 2013 in Ukraine were analysed in detail. The analysis covered the period 2009—2017. Data were derived from the questionnaires of the Statistical Office in Rzeszów, Local Data Bank of Statistics Poland, State Statistics Service of Ukraine and the Ministry of Family, Labour and Social Policy. The analysis of correlation and regression were used as the basic research tools. The results of the study show that political events affected cross-border trade indirectly through, inter alia, the exchange rate, which limited the expenses made by Ukrainian citizens in Poland. However, this impact was not strong enough to reverse the upward trend in cross-border shopping. The analyses did not provide statistically significant indications of a cause-and-effect relationship between labour migration flows of Ukrainian citizens to Poland and cross-border trade.

scholarly journals The impact of border closure on the economy of a border region – as exemplified by the Polish-German borderland

2020 ◽  
Vol 64 (8) ◽  
pp. 72-82
Author(s):  
Arkadiusz Malkowski ◽  
Rafał Mazur
Keyword(s):  
Regional Economy ◽  
Peripheral Region ◽  
Economic Transformation ◽  
Border Region ◽  
Foreign Nationals ◽  
Cross Border ◽  
Border Trade ◽  
Border Areas ◽  
Peripheral Areas ◽  
The Impact

A change in the functions fulfilled by borders creates new circumstances affecting the development of border areas. The Polish-German borderland area is an example of a peripheral region which, due to the liberalization of border regulations, has undergone a clear socio-economic transformation. Shopping tourism has been one of the factors leading to the emergence of the region’s new economic model. The border’s closure to free traffic in March 2020 made it impossible for foreign nationals to visit Poland for shopping purposes. The article presents selected results of research into shopping tourism as a factor in the development of peripheral areas in the context of the ongoing pandemic. The paper uses data made available by GUS (Statistics Poland) and the Border Guard (Straż Graniczna), as well as the author’s own research based on the CATI methodology. The study indicates the importance of cross-border trade in the development of the Polish-German border areas. As a result of the closure of the borders, tourists stopped shopping in the region, which affected both the local and regional economy

CAGE distance framework and bilateral trade flows: case of India

2020 ◽  
Vol 43 (10) ◽  
pp. 1157-1181
Author(s):  
Kalpana Tokas ◽  
Arnab Kumar Deb
Keyword(s):  
Fixed Effects ◽  
Trade Flow ◽  
Empirical Support ◽  
Trade Flows ◽  
Content Type ◽  
Goods And Services ◽  
Cross Border ◽  
Border Trade ◽  
The Impact ◽  
Volume Of Trade

Purpose The paper is in the area of international business and international trade. Specifically, this paper aims to focus on cross-border trade flows of goods and services between India and its partner nations. Design/methodology/approach Using the Cultural, Administrative, Geographic and Economic (CAGE) distance framework (Ghemawat, 2001), this paper provides empirical support for the impact these distance factors exert on the volume of trade in goods and services between countries. The sample used for empirical analysis consists of a set of 62 OECD countries which are involved in trade in goods and services with India over the period 2005 through 2015. This paper estimates a fixed-effects model to provide a comprehensive examination of all the distance factors impacting the bilateral cross-border trade flows of India. Findings The empirical findings in this paper show that different dimensions of the CAGE distances have varied influence on volume of trade flows between India and its trading partners. Also, the extent of this influence is guided by the nature of industries – manufacturing or services. Originality/value Departing from the common practice in the literature, using the trade flow data for both Indian manufacturing and service sectors separately, this paper examines to what extent is the impact of these distance factors industry driven.

scholarly journals Impact of Cereals Production and Cross-border Trade on Food Security in Nigeria: A Time Series Analysis between 1986 and 2017

2019 ◽  
pp. 1-9
Author(s):  
Fatima Abdullahi Shettima ◽  
Saheed Zakaree ◽  
Suleiman Sa’ad ◽  
Yakaka Abdulhlahi Shettima
Keyword(s):  
Time Series ◽  
Food Security ◽  
Negative Impact ◽  
Policy Formulation ◽  
Positive Sign ◽  
Domestic Production ◽  
Cross Border ◽  
Border Trade ◽  
Cereal Production ◽  
The Impact

This study aims to examine the impact of cereals production and cross-border trade on food security in Nigeria between 1986 and 2017. The Autoregressive Distributed Lag (ARDL) econometric technique was employed to analyze the time series secondary data sourced from World Bank Development Indicators, 2017 in order to explain the relationship between food security and the cereal production and cross-border trade. The findings of this study reveal that both in short-run and long-run estimation of error correction model (ECM), cereal domestic production, cereal exports and cereal imports have significant impact on the food security. Accordingly, cereal domestic production and cereal imports have a positive sign, which implies that an increase in cereal domestic production and cereal imports influence food security. While, cereal exports have a negative sign, which suggest that Nigeria as a nation is experiencing deficit in cereal production and therefore, the little quantity produced and exported posit a treat to food security. Based on the findings of this study, it is therefore recommended that policy formulation such as government subsidies in the agricultural sector and any other intervention programmes that will encourage an increase in domestic cereal production as well as policy formulation that will not totally discourage cereal importation should be implemented since its impact on food security is positive. This can be achieved through trade liberalization. On one hand, in as much as cereal export have significant impact on food security; government should be mindful that policy formulation on cereal exports should take into consideration the level of domestic cereal production and consequently its negative impact on food security.

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