Global Markets and National Regulation: The Protection of Shareholder Interests in Germany and Italy

2007 ◽  
Vol 42 (1) ◽  
pp. 73-95 ◽  
Author(s):  
Dermot McCann
Keyword(s):  
Public Policy ◽  
Market Integration ◽  
Global Market ◽  
Global Markets ◽  
Regulatory Change ◽  
Single Model ◽  
National Regulation ◽  
Shareholder Protection ◽  
Regulatory Systems ◽  
National Economic

AbstractGlobal market integration is widely perceived as presenting a major challenge to the sustainability of many national economic regulatory systems. There is far less agreement, however, about precisely how these pressures feed into the politics of reform and reshape national public policy. This article will seek to cast light on this relationship by identifying four influential ‘models of linkage’ between global pressures and regulatory change. It will then comparatively assess their capacity to elucidate the progress of shareholder protection reform in Germany and Italy. While no single model proves fully satisfactory, it will be argued that the weaknesses of two of them can be largely overcome through a process of refinement and integration.

Between global markets and domestic politics: Brazil's military-industrial collapse

1998 ◽  
Vol 24 (4) ◽  
pp. 499-513 ◽  
Author(s):  
KEN CONCA
Keyword(s):  
Market Integration ◽  
Industrial Development ◽  
Third World ◽  
International Security ◽  
Domestic Politics ◽  
Technological Development ◽  
Global Market ◽  
Global Markets ◽  
Industrial Growth ◽  
Defence Sector

Concerns about Third World military industrialization, which animate a broad range of international security debates, often take for granted the South's capacity for sustained military-industrial development. A convergence of favourable conditions spurred rapid defence-sector growth in much of the South beginning in the late 1970s. But the increasingly competitive character of the global arms economy and the turbulent political situations of most would-be military industrializers have derailed this growth. The collapse of Brazil's defence sector in the early 1990s illustrates that the largest barriers to Third World military industrialization are not financial or technological but rather institutional. Simultaneous domestic-political and global-market changes destabilized the institutional foundation of Brazilian military-industrial growth, despite the defence sector's impressive technological, industrial, and political advantages. It has proven impossible to reconcile the military's domestic political needs in post-authoritarian Brazil with the global-market integration on which the sector's financial and technological development depends.

Globalization, Taxation, and Burden-Shifting in Latin America

2003 ◽  
Vol 57 (1) ◽  
pp. 111-136 ◽  
Author(s):  
Erik Wibbels ◽  
Moisés Arce
Keyword(s):  
Latin America ◽  
Tax Policy ◽  
Market Integration ◽  
Developing Nations ◽  
Global Market ◽  
Global Markets ◽  
National Politics ◽  
Subsequent Response ◽  
Industrial Democracies ◽  
The Relationship

Most researchers interested in the relationship between global markets and public policy focus on advanced industrial democracies. In contrast, we examine competing hypotheses as to globalization's effect on governments by expanding the scope of the discussion to include developing nations. More specifically, we investigate the relationship between international market integration and the evolving burden of taxation on capital, as well as the subsequent response of markets to shifts in tax policy in Latin America since the late 1970s. Consistent with our theoretical expectations, we find that global market forces are more constraining vis-à-vis tax policy in Latin America than in the world's wealthiest nations. Despite these market-based pressures, however, national politics continue to influence tax policy in Latin America in a manner consistent with findings on advanced industrial democracies. As such, developing nations continue to have some room to manipulate policy, though within the context of a more strictly neoliberal context than their counterparts in advanced industrial democracies.

Industrial Technology Graduates’ Acquired Skills and Competencies from the University

2019 ◽  
Vol 5 (3) ◽  
pp. 189
Author(s):  
Amado C Gequinto ◽  
Do Mads
Keyword(s):  
Social Media ◽  
Text Messaging ◽  
Global Market ◽  
The Other ◽  
Global Markets ◽  
Industrial Technology ◽  
The University ◽  
Descriptive Method

Skills and competencies are highly regarded in todays global market. Different agencies specifically those seeking for  technologists, technicians, and engineers, have stressed out that skills and competencies as major components  for individual workers.  This aimed to determine  the relevance and appropriateness of acquired skills and competencies by industrial technology graduates, and determine the extent of use of skills and competencies in the current employment. Review of related literatures and studies have been considered in the realization, understanding, analysis, and interpretation of this research exploration. A descriptive method of research was used with 78 graduates from 2015-2016 and 117 graduates from 2016-2017, who participated in the study survey process. The BatStateU Standardized Questionnaire was used to gather data. A brief interview and talk during the visit of alumni in the university was also considered, as well as the other means of social media like email, facebook, messenger, and text messaging.   Results show that skills and competecnices acquired by industrial technology graduates are all relevant and appropriate.  The study also found that there is some to great extent use of acquired skills and competencies to their current employment. The study implies that the acquired skills and competencies from the university significantly provided the graduates the opportunities ins the national and global markets and industries.

Through the Lens of Recession 2.0: Diversification Dynamics Between the Leading Asian Stock Markets

2021 ◽  
pp. 097226292098395
Author(s):  
Manu K. S. ◽  
Surekha Nayak ◽  
Rameesha Kalra
Keyword(s):  
Stock Market ◽  
Stock Markets ◽  
Market Integration ◽  
Developing Economies ◽  
Positive Impact ◽  
Global Market ◽  
Stock Market Integration ◽  
Developed Economies ◽  
Market Participants ◽  
Causality Tests

The focus of this article is to analyse the inter-linkages between eight leading stock markets in Asian continent from the period of July 2011 to February 2018. This period holds relevance as this was the time when Recession 2.0 set in, which adversely affected the developed economies; however, the developing economies withstood the crisis without much of an impact. Co-integration and Granger causality tests were conducted to probe the inter-linkages. Study revealed a positive impact on Asian stock market indices collectively on each of the indexes. The highest number of unidirectional causalities was to KOPSI and NIFTY from rest of the stock indices. Results confirmed that no co-integration relationship existed among the selected indices indicating favourable diversification opportunities. Thus, the study fosters global market participants and policymakers to consider the nitty-gritties of stock market integration so as to benefit from international stock market diversification in the Asian region.

Global Market Integration Reversals and Funding Liquidity

2017 ◽  
Author(s):  
Amir Akbari ◽  
Francesca Carrieri ◽  
Aytek Malkhozov
Keyword(s):  
Market Integration ◽  
Global Market ◽  
Funding Liquidity

scholarly journals Economic productivity and competitiveness of Ukrainian exports due to the global challenges

2021 ◽  
Vol 107 ◽  
pp. 01002
Author(s):  
Lesia Petkova ◽  
Olena Berezina ◽  
Iryna Honcharenko ◽  
Ihor Osadchenko
Keyword(s):  
Economic Policy ◽  
Global Economy ◽  
Research Result ◽  
World Market ◽  
Global Market ◽  
Economic Productivity ◽  
Iron And Steel ◽  
National Economic ◽  
Innovative Products ◽  
Productivity And Competitiveness

Productivity and economic growth are key factors to maintain and improve the competitiveness of nations in the global market. The paper analyzes the prospects for the competitiveness of Ukrainian exports in the terms of pandemic circumstances and post-pandemic recovery of the global economy. The prospects for strengthening the competitiveness of Ukraine’s economy evaluating based on the modified approach for assessing the revealed comparative advantage. The dynamics and structure of major industries exports were estimating. The research result proved that the growth of innovative products in the iron and steel industry increases its competitiveness in the world market. The established reduction of the identified comparative advantages index for the main exports positions reflects the presence of structural and technological lags in the modern structure of the national economy and requires economic policy measures aimed at long-term action. Respectively, the main goals of contemporary national economic policy aimed at promoting the export competitiveness of Ukrainian products (goods & services) have to be the stimulating of R&D, infrastructure modernization and capital deepening.

scholarly journals PERSPEKTIF KELEMBAGAAN DIREKTORAT JENDERAL BEA DAN CUKAI (DJBC) DALAM BIDANG PELAYANAN KEMUDAHAN IMPOR TUJUAN EKSPOR (KITE) DI INDONESIA (Institutional Perspective of Directorate General of Customs And Excise in Ease of Import For Export Purposes (KITE), In Indonesia)

2016 ◽  
Vol 16 (1) ◽  
pp. 105
Author(s):  
Djafar Albram
Keyword(s):  
Market Integration ◽  
Manufacturing Industry ◽  
Value Added ◽  
Global Market ◽  
Import Duty ◽  
Value Added Tax ◽  
Institutional Perspective ◽  
Business Interests ◽  
Directorate General ◽  
Technology Transformation

The policy of free trading can be observed by promoting the economy competitiveness of a country through global market integration. One of the integrations that is dynamic of service policy in ease of import for export purposes (KITE) of business interests to those who invest in Indonesia which managed by Directorate General of Customs and Excise (DJBC) that facility return of import duty (BM), or Customs and value-added tax (PPn) and value-added tax of import duty especially other commodities for export purposes. By facilitating that, it is hoped can improve and increase the trading value of export tax revenues,create jobs and then, it makes technology transformation exchange for development of human resources quality of manufacturing industry which running the business in ease of import for export purposes (KITE), in Indonesia. Keywords: KITE, customs and excise, ABSTRAKAdanya kebijakan Perdagangan bebas dapat dilihat dengan upaya peningkatan daya saing ekonomi suatunegara, melalui integrasi pasar global. Salah satu bentuk integrasi dimaksud yaitu adanya dinamika kebijakan pelayanan Kemudahan Impor Tujuan Ekspor yang dikenal dengan istilah (KITE) bagi kepentingan kelancaran usaha bisnis para Investor yang menanamkan Investasinya di Indonesia yang penangganannya ditangani  oleh Institusi Direktorat Jenderal Bea dan Cukai (DJBC) yang memberikan kemudahan fasilitas dalam bidang Pengembalian Bea Masuk (BM), atau Cukai serta PPn dan PPn BM terutama bagi komoditas lainnya yang hasil akhirnya adalah tujuan Ekspor. Dengan pemberian fasilitas tersebut, diharapkan terjadinya peningkatan nilai perdagangan dari penerimaan Pajak Ekspor, Membuka usaha lapangan kerja dan pada gilirannya akan terjadi alih transformasi tehnologi bagi kepentingan peningkatan kualitas Sumber Daya Manusia pekerja  Industri Manufaktur yang bergerak di bidang usaha   KITE di Indonesia. Kata Kunci: KITE menciptakan Iklim Usaha Kondusif.

scholarly journals The research of Born Global Firms’ transnational strategy

2020 ◽  
Vol 214 ◽  
pp. 03023
Author(s):  
Li Chong
Keyword(s):  
Market Integration ◽  
Global Market ◽  
Global Strategy ◽  
International Strategy ◽  
Social Responsiveness ◽  
Born Global ◽  
Global Business ◽  
Transnational Strategy ◽  
Multinational Strategy ◽  
Born Global Firms

With the development of global business, Born Global Firms are always sinking into various pressures which are related to economic factors, social factors and informational factors. This situation making Born Global Firms’ strategies is supposed to achieve those requirements that including global market integration, social responsiveness, worldwide learning. There are four important strategies which are widely used in Born Global Firms internationalization process that including multinational strategy, global strategy, international strategy, and transnational strategy. This essay will introduce pursuing transnational strategy and some difficulties existing in this process. Furthermore, an example of an entrepreneurial subsidiary will be chosen to explore and conduct further research.

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