scholarly journals Power Window

2011 ◽  
Vol 133 (04) ◽  
pp. 48-48
Author(s):  
Jeffrey Winters

This article analyzes the energy identity crisis in some oil-producing countries. It highlights that the retail price for gasoline in countries such as Libya, Saudi Arabia, Bahrain, and Yemen was at or below the cost on the world market of the petroleum needed to produce it. However, Egypt went from an exporter of more than 300,000 barrels of oil a day in 1999 to a net importer beginning in 2009. And as a consequence, the prices for gasoline in Egypt went from below the raw material cost in 2006 to being comparable to those in the United States. Tunisia shifted from an exporter to an importer in 2000. Thanks to strong consumption growth, Bahrain has also seen its exports plummet from more than 30,000 barrels a day in the 1990s to around 3500 today. The Saudi consumption curve is climbing at about 4% per year, and unless the country can raise production above 11 million barrels a day, its exports will disappear by 2050.

Author(s):  
A. R. Shiryaeva ◽  
E. A. Rozhanskaia

Space is not only a place of international cooperation, but also a place for competition. The failures that accompanied the key player in the market, the United States, have recently stimulated NASA's ambitious commercial space program which has enabled a successful partnership with two American companies. This new business model should not only reduce the cost of flights, but also create a basis for further space exploration. In order to create sustainable economic growth in Russia, it seems necessary to develop the whole range of priority areas. One of the most promising is the rocket and space industry. The reasons are the large turnover, experience and unique technological competencies. We believe that Russia will succeed in case it activates internal reserves of a country and wisely uses global market opportunities. Technical and technological development of the rocket and space and related industries will strengthen the state’s position in the world market and will enhance the international competitiveness of Russian enterprises. In this article, authors analyze the current state of the Russian and world space markets, evaluate the performance of RSC «Energia», formulate proposals for modernization of company's activities that will help Russia strengthen and expand its positions among the global players.


2017 ◽  
Vol 20 (2) ◽  
pp. 5-19
Author(s):  
Damian Kaźmierczak

Using a sample of 1,705 convertible bonds issued by manufacturing and service companies from the United States (1,138 issues); Europe (270); and Asia (297) between 2004 and 2014 this paper investigates the role of callable convertibles in the corporate investment process. This research shows first that callable convertibles are used to finance investment projects particularly by American firms which may exercise new investment options to improve poor financial performance. Secondly, the same strategy may be followed by European companies, but they seem not to carry out investments on as large a scale as American firms. Thirdly, the research results do not provide evidence that Asian enterprises use callable convertibles for investment purposes: they likely use these instruments for different reasons.


2021 ◽  
pp. 1-39
Author(s):  
Kevin Morris ◽  
Mohammad Nami ◽  
Joe F. Bolanos ◽  
Maria A. Lobo ◽  
Melody Sadri-Naini ◽  
...  

Neurological disorders significantly impact the world’s economy due to their often chronic and life-threatening nature afflicting individuals which, in turn, creates a global disease burden. The Group of Twenty (G20) member nations, which represent the largest economies globally, should come together to formulate a plan on how to overcome this burden. The Neuroscience-20 (N20) initiative of the Society for Brain Mapping and Therapeutics (SBMT) is at the vanguard of this global collaboration to comprehensively raise awareness about brain, spine, and mental disorders worldwide. This paper aims to provide a comprehensive review of the various brain initiatives worldwide and highlight the need for cooperation and recommend ways to bring down costs associated with the discovery and treatment of neurological disorders. Our systematic search revealed that the cost of neurological and psychiatric disorders to the world economy by 2030 is roughly $16T. The cost to the economy of the United States is $1.5T annually and growing given the impact of COVID-19. We also discovered there is a shortfall of effective collaboration between nations and a lack of resources in developing countries. Current statistical analyses on the cost of neurological disorders to the world economy strongly suggest that there is a great need for investment in neurotechnology and innovation or fast-tracking therapeutics and diagnostics to curb these costs. During the current COVID-19 pandemic, SBMT, through this paper, intends to showcase the importance of worldwide collaborations to reduce the population’s economic and health burden, specifically regarding neurological/brain, spine, and mental disorders.


Nova Economia ◽  
2007 ◽  
Vol 17 (2) ◽  
pp. 241-270 ◽  
Author(s):  
Mario A. Margarido ◽  
Frederico A. Turolla ◽  
Carlos R. F. Bueno

This paper investigates the price transmission in the world market for soybeans using time series econometrics models. The theoretical model developed by Mundlack and Larson (1992) is based on the Law of the One Price, which assumes price equalization across all local markets in the long run and allows for deviations in the short run. The international market was characterized by three relevant soybean prices: Rotterdam Port, Argentina and the United States. The paper estimates the elasticity of transmission of these prices into soybean prices in Brazil. There were carried causality and cointegration tests in order to identify whether there is significant long-term relationship among these variables. There was also calculated the impulse-response function and forecast error variance decomposition to analyze the transmission of variations in the international prices over Brazilian prices. An exogeneity test was also carried out so as to check whether the variables respond to short term deviations from equilibrium values. Results validated the Law of the One Price in the long run. In line with many studies, this paper showed that Brazil and Argentina can be seen as price takers as long as the speed of their adjustment to shocks is faster than in the United States, the latter being a price maker.


1951 ◽  
Vol 5 (2) ◽  
pp. 416-416

A meeting of the International Sugar Council was held in London, June 26 to July 20, 1950. The meeting was attended by delegates of Australia, Belgium, Brazil, Cuba, Czechoslovakia, Dominican Republic, France, Haiti, Indonesia, the Netherlands, Peru, Philippine Republic, Poland, Portugal, South Africa, the United Kingdom, Yugoslavia, and the United States. The purpose of the meeting was to discuss the world situation in sugar and the proposal for a new international sugar agreement. The council adopted a protocol which extended the international sugar agreement of 1937 one year from August 31, 1950. During 1950, the council created a special committee to 1) study the changing sugar situation as it related to the need or desirability for negotiating a new agreement, and 2) report to the council, as occasion might arise, on its findings and recommendations as to the possible basis of a new agreement. The special committee prepared a document which set forth certain proposals in the form of a preliminary draft agreement. The draft agreement included six fundamental bases: 1) the regulation of exports, 2) the stabilization of sugar prices on the world market, 3) a solution to the currency problem, 4) the limitation of sugar production by importing countries, 5) measures to increase consumption of sugar and 6) the treatment of non-signatory countries. The draft was then considered by the council at its meeting on July 20 at which time the council decided to submit it to member and observer governments for comments and to transmit such comments for consideration at a meeting of the special committee.


Author(s):  
Natalia Tanklevska ◽  
Viktoriia Petrenko ◽  
Alla Karnaushenko ◽  
Kateryna Melnykova

Purpose. The purpose of the article is to determine the prospects of deep processing of corn in Ukraine, taking into account the restraining factors of development, on the basis of the analysis of the state and tendencies of functioning of the world market of corn. Methodology / approach. During the research, general scientific and special research methods were used, in particular: analysis and synthesis, scientific abstraction – in determining the purpose and formulating conclusions; comparative, calculation, statistical and graphical ones – in the assessment, analysis, comparison and establishment of patterns of the current state and trends in the production of corn and its deep processing; program-target one – to substantiate the factors of intensification of deep processing of corn in Ukraine. Results. The analysis was carried out and tendencies of world corn production were determined. The shares of countries-producers and countries-consumers of corn were calculated; their dynamics of changes were analyzed. Analysis of the dynamics of prices for corn grain on the Chicago Mercantile Exchange indicates that the price of raw materials is gradually declining, so agricultural enterprises that sell corn as a raw material, lose income from its production. The structure of corn use in different directions in the world was analyzed, and the structure of its use in the USA was considered in more detail. Factors of activation of deep processing of corn were identified. In Ukraine, deep grain processing as an industry is just beginning to develop, so it is worth processing corn, based on the experience of leading countries, such as the USA and China. Estimated costs for the construction of a modern plant for deep processing of corn and income from the implementation of this investment project were calculated. Originality/scientific novelty. The scientific novelty of the study is a comprehensive analysis of the world corn market; economic substantiation of expediency of corn processing in Ukraine; improving the system of factors to intensify the development of deep processing of corn in Ukraine. Practical value / implications. The practical value of the results of the study is that they will contribute to the formation of the concept of intensifying the development of deep processing of corn in Ukraine. The main results can be used by agro-industrial enterprises during the development of deep corn processing projects.


Author(s):  
Malyshev ◽  
Kushchevska ◽  
Bruskova

The purpose of this study is to provide a comprehensive analysis of the global nanopowder market. Materials and methods. The study used such research methods as system-logical method, method of statistical generalization, comparative and factor analysis. Research results. It is known that nanopowders are obtained by chemical, physical, physico-chemical and mechanical methods. One of the major problems in the production of nanopowders is the tendency of nanoparticles to form aggregates and agglomerates that complicate the production of compact materials. To overcome the forces of agglomeration, a mechanical force or an increase in the sintering temperature must be applied. According to estimates from the consulting company Lux Research, in 2012, the nanotechnology market was $ 190.3 billion. Its annual growth is 15-17%. The world market leaders are the United States ($ 59 billion), Europe ($ 47 billion) and the Asia Pacific region ($ 9.4 billion). The US is the leader in both the commercial market and the number of publications (about 25,000 in 2015) and patents in nanotechnology (45% of patents). Following the results of 2015, more than $1.4 trillion worth of nanotechnology products were manufactured. In the structure of production of nanoproducts the chemical industry, scientific researches (intermediary products, as a rule, not serial) and electronics are leading. Global investments in nanotechnology in 2015 totaled $ 18.1 billion. This indicator increased by 18% compared to 2013. Corporate investments ($ 8.6 billion) became the main source of financing (public - only $ 8.3 billion). The leaders in terms of public investment are the US and the EU. Experts estimate that, by 2020, investment leadership may shift to Japan. Today, the leader in the nanomaterials market is the United States with a projected revenue level of 2018 of $ 1.46 billion. The main products on the world market for nanopowders are metal oxide powders. In the product group of metal oxides 4/5 the production volume accounts for the three most common types of raw materials: silica (SiO2), titanium dioxide (TiO2) and alumina (Al2O3). At the same time, silica occupies more than half of all production, alumina - 18% and titanium dioxide - 10%. The most available oxides are oxides of iron, zinc, cerium, zirconium, cuprum, magnesium, yttrium. The most complex oxides and mixtures are: tin oxide, barium titanate, cobalt carbide, silicon nitride and indium tin oxide. An analysis of the patents presented for nanopowder research has shown that the most promising area of ​​scientific development is aluminum and precious metal nanopowders. Conclusions. Analysis of the world nanopowder market makes it possible to identify the following indicators that characterize its development: the common problem in the nanomaterials market is high cost of production, low volume of production and accessibility for the end consumer; the most developed nanopowder markets: USA, Europe and Asia-Pacific; projected growth rates during 2015-2020 The three largest components of the nanomaterials market: energy, production of catalysts, structural materials - 60%, 13% and 30% respectively; production of metal oxide products prevails in the world market of nanopowders; the most common types of raw materials: silica) - more than half of all production, titanium dioxide - 10% and alumina - 18%.


Author(s):  
Vardan Mkrttchian ◽  
Serge V. Chernyshenko ◽  
Mikhail Ivanov

Technology transfer is considered as one of the most important instruments of national and regional economic growth in such countries as world leaders such as the United States, Japan, the European Union, China, and others. The importance of developing this direction is not in doubt. It invests a lot of money, is supported at the legislative level. The activity of technology transfer centers is aimed at commercialization of the results obtained in different organizations of the world, ensuring the acceleration of solving technical problems of enterprises, improving the quality and reducing the cost of their products, and developing new types of products. The main goal of the Center is to facilitate the transfer of the Internet intellectual innovative technologies and blockchain technologies developed both in the Republic of Armenia and in the Armenian Diaspora to ensure sustainable growth of the economy, increase the competitiveness of industry, agriculture, science and education, tourism and business attractiveness Republic of Armenia and Artsakh Republic.


2009 ◽  
Vol 5 (5) ◽  
pp. 218-219 ◽  
Author(s):  
Lowell E. Schnipper

The United States leads the world in cancer care outcomes, but the cost is extremely high—and growing rapidly. New proposals for health reform emphasize one clear and immediate need: to control runaway cost.


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