scholarly journals Development of mergers and acquisitions in the conditions of the Czech economy 2001–2010

2011 ◽  
Vol 59 (7) ◽  
pp. 337-346 ◽  
Author(s):  
Jaroslav Sedláček ◽  
Zuzana Křížová ◽  
Eva Hýblová
Keyword(s):  
Mergers And Acquisitions ◽  
Global Economy ◽  
External Environment ◽  
Economic Recession ◽  
Factors Affecting ◽  
The Past ◽  
Macroeconomic Indicators ◽  
First Results ◽  
The Usa ◽  
Regulatory Bodies

This paper presents the first results of a research project which has the aims to identify the problems appearing during the preparation of mergers in compliance with valid Czech regulations and to analyze economic causes and consequences of mergers. At the first stage it was necessary to compile a basic dataset in a structure needed for a statistical analysis. The aim of the analysis presented in this paper is to ascertain, both theoretically and empirically, how the external environment affected the development of mergers of trading companies in the conditions of the Czech economy. The covered period is the past ten years, i.e. 2001–2010, when the development of the global economy was affected by the bank crisis in the USA and the economic recession. The analysis of the development of mergers and acquisitions focuses on three groups of factors affecting activities in the field of company combinations. These are mergers and acquisitions which are subject to approval by regulatory bodies, the effect of new regulations of financing (financial factors) and the effect of the macroeconomic situation in the form of GDP indicator and PX index. Macroeconomic indicators are related to mergers whose development has not been published or explored within scientific research. The results of the analysis allowed us to describe the dependence of activities in the field of company mergers which took place in the Czech Republic in the past decade on the selected factors of the external environment.

scholarly journals Economic impact of COVID-19 pandemic in Armenia

R-Economy ◽  
2020 ◽  
Vol 6 (3) ◽  
pp. 183-195
Author(s):  
Mariam Voskanyan ◽  
Keyword(s):  
Developing Economies ◽  
Human Life ◽  
Economic Recession ◽  
Developed Countries ◽  
Point Of View ◽  
Economic Consequences ◽  
The Past ◽  
Key Sectors ◽  
Macroeconomic Indicators ◽  
The Moment

Relevance. The world will certainly remember 2020 as a serious challenge in all aspects of human life. At the same time, while developed countries, despite the severity of the economic crisis, have sufficient reserves to help their economies go through the recovery growth, developing economies turned out to be the most vulnerable. This article describes the consequences of the COVID-19 pandemic for the Armenian economy from the point of view of the most critical factors that have determined the country’s economic development over the past decade. Research objective. The key goal of the study was to try to identify and assess the economic consequences of the COVID-19 pandemic in Armenia. Data and methods. The study surveys macroeconomic indicators in Armenia over the past six months. The analysis is based on the statistical data characterizing the economic situation in Armenia and takes into account the key sectors of the economy as well as its weaknesses. Results. Some sectors of the Armenian economy will be very vulnerable to the crisis resulting from the COVID-19 pandemic. Conclusion. The main conclusion of the study is that at the moment the economic system of Armenia is at the stage of stagnation and, in the light of the pandemic, will move to the stage of economic recession in the medium term.

Neoliberalization and Transnational Capitalism in the American Mold

2009 ◽  
Vol 43 (2) ◽  
pp. 177-197 ◽  
Author(s):  
MEL VAN ELTEREN
Keyword(s):  
Global Economy ◽  
Economic Recession ◽  
Transnational Corporations ◽  
Business Leaders ◽  
First Century ◽  
International Governance ◽  
The Past ◽  
Corporate Globalization ◽  
Predominant Form ◽  
Bath Water

This contribution focusses on the close intertwinement of Americanization, neoliberalism, and corporate globalization at the turn of the twenty-first century, on the eve of the global economic recession of 2008 and after. Many students of current globalization tend to reject the whole notion of Americanization. It is argued that these theorists have thrown the proverbial baby out with the bath water, namely an interest in America's strong influence in many domains globally. Yet it is also recognized that one has to move beyond a state-centrist approach in order to adequately grasp the significantly increased influence of transnational corporations over the past few decades. Therefore this article explores the major ways in which transnational corporations – in relation to US-dominated international governance – spread capitalist modernity worldwide. An attempt is made to explain how US business leaders and affiliated political power-holders managed to set the agenda of much of the global economy and why many of their foreign counterparts adopted similar neoliberal policies. The article concludes with a brief overview of major challenges and countermovements to the predominant form of capitalist globalization.

scholarly journals Restructuring of the Global Economy

2020 ◽  
Author(s):  
Viacheslav M. Shavshukov ◽  
Natalia A. Zhuravleva
Keyword(s):  
Global Economy ◽  
Swot Analysis ◽  
Chinese Economy ◽  
Fixed Rate ◽  
Systemic Analysis ◽  
Macroeconomic Indicators ◽  
The Usa ◽  
Negative Role ◽  
Trade Wars

The World economy after global crisis of 2008–2009 entered a restructuring era. It defines relevance of researches of its directions and patterns. The principles of determinism and systemic analysis are methodological basis of article. In research were used the methods of processing Big Date, as of continuous changes and the symmetric analysis of macroeconomic indicators according to databases of the IMF, WB, BIS, the Central banks and treasuries. As a result of the research it is proved that depth and globalism of recessionary processes are caused by a combination of crisis of world financial system and civilization problems. Intrinsic signs of risks in the modern economy caused by the duality of the nature of global crises have been identified. There are analyzes: the deficit of resources of the international financial institutions, a negative role of a fixed rate of Yuan, a big share of derivatives and off-balance obligations of banks, use of SPV in structures of deals, growth of debt obligations, trade wars, slowdown in the growth of the Chinese economy, aggravation of contradictions between global and national finances. The thesis is reasonable that deglobalization and dedollarization deepened this conflict, started the rollback mechanism from achievements of globalization, led to tariff wars. By means of a systematization it is proved the key directions of the restructuring of global economy: legal basis, leadership and reserve currency. On the basis of SWOT-analysis of the USA and China it was concluded that the question of leadership of one country should be excluded, but slow transition to use SDR (with a basket from 15–20 currencies) as a reserve.

Cross-culture outcomes of a brazilian professor Fulbright in the USA

2017 ◽  
Vol 26 (50) ◽  
pp. 115
Author(s):  
Marcelo Da Silva Leite ◽  
Celeste Gaia
Keyword(s):  
Higher Education ◽  
Low Cost ◽  
Cross Culture ◽  
College And University ◽  
Governmental Agencies ◽  
The Past ◽  
University Curriculum ◽  
Fulbright Scholar ◽  
The Usa ◽  
Higher Education Costs

Over the past decade due the expansion of globalization there has been an increasing emphasis on internationalization among faculty, administration and accrediting agencies in the Higher Education.  Although to promote internationalization in the Higher Education, costs are a big challenge, one way to have the international actions with low cost, it is seeking for grants from different governmental agencies and foundations.The Fulbright Scholar program provides a long-standing and externally-funded means for internationalizing college and university curriculum. This article is going to share the perspective   of a Brazilian Fulbright Scholar at an American college and the institution perspective of the Fulbright scholar participation at the College.

Impact of FII’s and FDI’s on Indian Stock Market

2016 ◽  
Vol 1 (1) ◽  
Author(s):  
Dr. Kamlesh Kumar Shukla
Keyword(s):  
Stock Market ◽  
Financial Markets ◽  
Global Economy ◽  
Short Term ◽  
Earnings Growth ◽  
The Past ◽  
Bull Market ◽  
Indian Stock Market

FIIs are companies registered outside India. In the past four years there has been more than $41 trillion worth of FII funds invested in India. This has been one of the major reasons on the bull market witnessing unprecedented growth with the BSE Sensex rising 221% in absolute terms in this span. The present downfall of the market too is influenced as these FIIs are taking out some of their invested money. Though there is a lot of value in this market and fundamentally there is a lot of upside in it. For long-term value investors, there’s little because for worry but short term traders are adversely getting affected by the role of FIIs are playing at the present. Investors should not panic and should remain invested in sectors where underlying earnings growth has little to do with financial markets or global economy.

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.

scholarly journals Triangulating abuse liability assessment for flavoured cigar products using physiological, behavioural economic and subjective assessments: a within-subjects clinical laboratory protocol

BMJ Open ◽  
2018 ◽  
Vol 8 (10) ◽  
pp. e023850
Author(s):  
Catherine S Wall ◽  
Rose S Bono ◽  
Rebecca C Lester ◽  
Cosima Hoetger ◽  
Thokozeni Lipato ◽  
...  
Keyword(s):  
Clinical Laboratory ◽  
Subjective Effects ◽  
Latin Square ◽  
Abuse Liability ◽  
Smoke Inhalation ◽  
Nicotine Concentration ◽  
The Past ◽  
The Usa ◽  
Behavioural Economic ◽  
Scientific Meetings

IntroductionIn the USA, Food and Drug Administration regulations prohibit the sale of flavoured cigarettes, with menthol being the exception. However, the manufacture, advertisement and sale of flavoured cigar products are permitted. Such flavourings influence positive perceptions of tobacco products and are linked to increased use. Flavourings may mask the taste of tobacco and enhance smoke inhalation, influencing toxicant exposure and abuse liability among novice tobacco users. Using clinical laboratory methods, this study investigates how flavour availability affects measures of abuse liability in young adult cigarette smokers. The specific aims are to evaluate the effect of cigar flavours on nicotine exposure, and behavioural and subjective measures of abuse liability.Methods and analysesParticipants (projected n=25) are healthy smokers of five or more cigarettes per day over the past 3 months, 18–25 years old, naive to cigar use (lifetime use of 50 or fewer cigar products and no more than 10 cigars smoked in the past 30 days) and without a desire to quit cigarette smoking in the next 30 days. Participants complete five laboratory sessions in a Latin square design with either their own brand cigarette or a session-specific Black & Mild cigar differing in flavour (apple, cream, original and wine). Participants are single-blinded to cigar flavours. Each session consists of two 10-puff smoking bouts (30 s interpuff interval) separated by 1 hour. Primary outcomes include saliva nicotine concentration, behavioural economic task performance and response to various questionnaire items assessing subjective effects predictive of abuse liability. Differences in outcomes across own brand cigarette and flavoured cigar conditions will be tested using linear mixed models.Ethics and disseminationThe Virginia Commonwealth University Institutional Review Board approved the study (VCU IRB: HM20007848). Dissemination channels for study findings include scientific journals, scientific meetings, and policy briefs.Trial registration numberNCT02937051.

scholarly journals Sakurai’s Object: Constraints from its Variability?

1998 ◽  
Vol 11 (1) ◽  
pp. 360-360
Author(s):  
T. Gautschy ◽  
H.W. Duerbeck ◽  
A.M. Van Genderen ◽  
S. Benetti
Keyword(s):  
Cooling Rate ◽  
Nuclear Energy ◽  
Stability Analyses ◽  
The Past ◽  
Stellar Pulsations ◽  
First Results ◽  
Effective Temperatures ◽  
Stellar Envelopes ◽  
Light Variability ◽  
Hr Diagram

The peculiar outburst of the star baptized Sakurai’s Object (SO) is a conceivable example of a late He shell flash in a post-AGB object. The new source of nuclear energy forces such objects toward high luminosities and eventually low effective temperatures; they cross the HR diagram in a comparable fashion as FG Sge did in the past - i.e., they move noticeably on the HR diagram on human timescales. From monitoring campaigns of SO during the last year, first estimates of its cooling rate were derived and in particular cyclic light variability was established. We present first results from attempts to model stellar envelopes appropriate for SO. As we hypothesize the light variability to be attributable to stellar pulsations, we aim at constraining the basic stellar parameters based on stability analyses of our envelope models. Radial, nonadiabatic stability computations provided predictions of the modal content which should be observable as SO evolves. The particular components in such mode spectra of SO as they are to appear in the coming years should indeed help to constrain basic stellar parameters such as mass and luminosity.

scholarly journals Bioinsecticides based on plant essential oils: a short overview

2020 ◽  
Vol 75 (7-8) ◽  
pp. 179-182
Author(s):  
Murray B. Isman
Keyword(s):  
Essential Oils ◽  
Crop Protection ◽  
Large Body ◽  
Regulatory Agencies ◽  
The European Union ◽  
Plant Essential Oils ◽  
The Past ◽  
Wide Range ◽  
The Usa ◽  
Regulatory Challenges

AbstractInterest in the discovery and development of plant essential oils for use as bioinsecticides has grown enormously in the past 20 years. However, successful commercialization and utilization of crop protection products based on essential oils has thus far lagged far behind their promise based on this large body of research, most notably because with the exceptions of the USA and Australia, such products receive no special status from regulatory agencies that approve new pesticides for use. Essential oil-based insecticides have now been used in the USA for well over a decade, and more recently have seen use in the European Union (EU), Korea, and about a dozen other countries, with demonstrated efficacy against a wide range of pests and in numerous crop systems. For the most part these products are based on commodity essential oils developed as flavor and fragrance agents for the food and cosmetic industries, as there are formidable logistic, economic, and regulatory challenges to the use of many other essential oils that otherwise possess potentially useful bioactivity against pests. In spite of these limitations, the overall prospects for biopesticides, including those based on essential oils, are encouraging as the demand for sustainably-produced and/or organic food continues to increase worldwide.

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