Successfully Managing the Risk and Development of Your Business and Technology in the Global Economy

2000 ◽  
Author(s):  
Hiroshi Honda
Keyword(s):  
Global Economy ◽  
Industrial Development ◽  
Global Scale ◽  
Global Constraints ◽  
Time Lags ◽  
Human Beings ◽  
Global Perspectives ◽  
National Economies ◽  
Technological Opportunities ◽  
Transportation Technologies

Abstract National and regional economies have become increasingly bound to a global economy with the availability of advanced communication, information and transportation technologies among others, while the advancement of science and technology in general has served as a driving engine for economic and industrial development of local and national economies, and subsequently for those of regional and global economies with substantial time lags in the past millennium. The globalization has given a significant impact on each society by accelerating instant and/or speedy flows of information, money, commodity, energy and human beings, and thus has provided increasingly equal opportunities to societies around the globe for the development of business and technology. Nevertheless, characteristics and specific boundary conditions of local areas, nations and regions still characterize the business and technological opportunities for specific communities. The global constraints such as limitation in natural resources and energy, and the global environmental issues have driven human beings to challenge a huge task for the new and renewable energy development, environmental protection, and development and utilization of space and other frontiers such as deep underground and deep seas, on a global scale of competition and cooperation. Under these circumstances, we will need to manage the risk and development of our business and technology increasingly from global perspectives, with due consideration on the global constraints and specific characteristics of the focused local societies. This paper is intended to set scene and raise issues for discussion at the subject symposium of ours.

scholarly journals Impacts of the globalized economy on the environment: the tanning industry in the Vale do Rio dos Sinos

2010 ◽  
Vol 70 (4 suppl) ◽  
pp. 1231-1243 ◽  
Author(s):  
JA. Figueiredo-Sganderla ◽  
CC. Prodanov ◽  
D Daroit
Keyword(s):  
Global Economy ◽  
Industrial Development ◽  
Local Community ◽  
Cultural Development ◽  
Cultural Economic ◽  
Local Conditions ◽  
Global Perspectives ◽  
Political Agents ◽  
The Impact ◽  
Tanning Industry

This case study analysed the impact of the global economy on the environment of the Vale do Rio do Sinos region in southern Brazil. Interviews and questionnaires were used to collect data from social, cultural, economic and political agents in this region, and documents about the tanning industry were reviewed and analysed. Global perspectives and local conditions were brought together to understand the causes and consequences of social, political and economic structures and to evaluate the intrinsic association of the tanning industry with the social, historical and cultural development of the Vale do Rio dos Sinos. The behaviour of the local community, where individuals believe that progress is primordially based on industrial development and go to any lengths to achieve it, was also studied. The analysis of industries that have a high contamination potential revealed that dirty industries moved from central to peripheral countries up to the 1980s, but movement is currently internal and occurs between states in Brazil due to several types of incentives.

The Business Environment as a Global Village

2019 ◽  
pp. 118-131
Author(s):  
Sahidi Maman Bilan
Keyword(s):  
Cultural Differences ◽  
Global Economy ◽  
Business Environment ◽  
Global Village ◽  
Global Institutions ◽  
System A ◽  
Micro Level ◽  
National Economies ◽  
Transportation Technologies ◽  
Levels Of Integration

Globalisation is thought of as the fast-growing move towards a world in which national economies are merging into an interdependent global economic system. A more business view of globalisation conceives it as a process by which industries transform themselves from multi-national to global competitive structures. ICT, transportation technologies and global institutions have played a determinant role in the phenomenon of globalisation. Various levels of integration have been established. Globalisation of companies has been identified as the micro level, whereas the interconnectedness of economies is termed as the macro level of globalisation. The merging of businesses is referred to as the meso level. Thus, all these levels must be differentiated when dealing with its issues and should be understood as different interrelated stages. If at the heart of globalisation is the interdependence and integration of the national economies into global economy, does it also mean that cultural differences for instance have been subsumed or sublated?

scholarly journals The New Global Economy: Time-Space Compression, Geopolitics, and Global Uneven Development

2001 ◽  
pp. 133-154 ◽  
Author(s):  
John Agnew
Keyword(s):  
Global Economy ◽  
Cultural Practices ◽  
Global Scale ◽  
Time Space ◽  
The Social ◽  
The World ◽  
Space Compression ◽  
National Governments ◽  
Transportation Technologies

Two ideas have dominated discussion in recent studies of the social andpolitical impacts of globalization by those who think that globalization has had real e?ects and is not simply a synonym for the neo-liberal policies insti-tuted by many national governments beginning in the 1980s. The ?rst is the idea that everywhere in the world is becoming alike economically and culturally as a consequence of globalization. This is a scaling up from the national to a global scale of the old idea of “modernization.” From this perspective, common global norms about conduct, consumption standards, and cultural practices are spreading everywhere (John Meyer at Stanford University [e.g. Meyer 1996] and his students are perhaps representative of this thrust). This global modernization is often seen as brought about by causes implicit in a second idea, although proponents of the second idea may well not endorse the ?rst or vice versa. This is that current globalization is about the shrinking of the world because of revolutionary changes in communication and transportation technologies. In the long-term this process of “time-space compression” will produce greater economic similarities across places but immediately this need not be the case. Rather, di?erences between places may in fact intensify as involvement in a world of ?ows makes the characteristics of this or that place make the place more competitive globally. In the end, however, di?erent places will establish niches for themselves within the global economy, even if there is dislocation in the short-term.

Our Debts Heavy... (on the Monograph “Debt as a Phenomenon of the XXI Century”)

2015 ◽  
pp. 152-159 ◽  
Author(s):  
T. Leonova
Keyword(s):  
European Union ◽  
Economic Development ◽  
Global Economy ◽  
Debt Financing ◽  
The European Union ◽  
National Economies

Lending capital, credit and debt financing have been around and used to fuel economic development since the time immemorial. There are innumerable studies by international and Russian scholars that look into the evolution of these notions and lending instruments employed. The collective monograph edited by A. Porokhovsky and published by the MSU in 2014 intends to provide an all-around political and economic as well as applied review of the current debt issues faced by the global economy, national economies of Russia, U.S.A. and countries of the European Union. It uses a variety of academic and methodological postulates that range from the reproduction approach to modern macroeconomic doctrines.

The Role of Technological Change in the Long-run Global Economy Forecasting

2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin
Keyword(s):  
Technological Change ◽  
Data Quality ◽  
Long Range ◽  
Global Economy ◽  
World Economy ◽  
Qualitative Approaches ◽  
Long Run ◽  
The World ◽  
National Economies

The author compares several quantitative and qualitative approaches to forecasting to find appropriate methods to incorporate technological change in long-range forecasts of the world economy. A?number of long-run forecasts (with horizons over 10 years) for the world economy and national economies is reviewed to outline advantages and drawbacks for different ways to account for technological change. Various approaches based on their sensitivity to data quality and robustness to model misspecifications are compared and recommendations are offered on the choice of appropriate technique in long-run forecasts of the world economy in the presence of technological change.

The Shadow Society and Its Fictitious Capital

2018 ◽  
Author(s):  
Louçã Francisco ◽  
Ash Michael
Keyword(s):  
Social Movements ◽  
Economic Crisis ◽  
Global Economy ◽  
Democratic Governance ◽  
Professional Expertise ◽  
Conservative Movement ◽  
Electoral Success ◽  
Fictitious Capital ◽  
Equitable Outcomes ◽  
National Economies

The concluding chapter surveys the prospects for more democratic governance of national economies and more equitable outcomes in the global economy. The backdrop for the chapter is the marriage of shadow finance with the conservative governments that have achieved electoral success on the basis of popular dissatisfaction with the response of neoliberal governments to the global economic crisis. The conservative movement and its governments are incoherent and unwilling to address, even in terms of modest reform, the power of finance and its responsibility for inequality and crisis. Effective reform could emerge from the union of professional expertise, whose commitment to technocratic aspects of the neoliberal project may have weakened, with democratic social movements.

Constrained Dual-Level Bandit for Personalized Impression Regulation in Online Ranking Systems

2021 ◽  
Vol 16 (2) ◽  
pp. 1-23
Author(s):  
Zhao Li ◽  
Junshuai Song ◽  
Zehong Hu ◽  
Zhen Wang ◽  
Jun Gao
Keyword(s):  
Optimization Problem ◽  
Initial Conditions ◽  
Global Scale ◽  
Global Constraints ◽  
Economic Losses ◽  
Second Order Cone ◽  
Ranking Systems ◽  
Item Level ◽  
Shopping Experience ◽  
Regulation Method

Impression regulation plays an important role in various online ranking systems, e.g. , e-commerce ranking systems always need to achieve local commercial demands on some pre-labeled target items like fresh item cultivation and fraudulent item counteracting while maximizing its global revenue. However, local impression regulation may cause “butterfly effects” on the global scale, e.g. , in e-commerce, the price preference fluctuation in initial conditions (overpriced or underpriced items) may create a significantly different outcome, thus affecting shopping experience and bringing economic losses to platforms. To prevent “butterfly effects”, some researchers define their regulation objectives with global constraints, by using contextual bandit at the page-level that requires all items on one page sharing the same regulation action, which fails to conduct impression regulation on individual items. To address this problem, in this article, we propose a personalized impression regulation method that can directly makes regulation decisions for each user-item pair. Specifically, we model the regulation problem as a C onstrained D ual-level B andit (CDB) problem, where the local regulation action and reward signals are at the item-level while the global effect constraint on the platform impression can be calculated at the page-level only. To handle the asynchronous signals, we first expand the page-level constraint to the item-level and then derive the policy updating as a second-order cone optimization problem. Our CDB approaches the optimal policy by iteratively solving the optimization problem. Experiments are performed on both offline and online datasets, and the results, theoretically and empirically, demonstrate CDB outperforms state-of-the-art algorithms.

The Reasoning Structure in Legal Disputes on the International Trade of Biotechnology: From a Judicial Balance by Chance to a Judicial Balance by Design

2021 ◽  
pp. 1-16
Author(s):  
Alessandra GUIDA
Keyword(s):  
International Trade ◽  
World Trade Organization ◽  
World Trade ◽  
Technology Innovation ◽  
Global Scale ◽  
Trade Restrictions ◽  
Competing Interests ◽  
The World ◽  
National Economies ◽  
Biotech Products

The international trade in biotech products boosts national economies and advances scientific as well as technology innovation. However, while trading these products increases the spread of benefits on a global scale, it also increases risks to human health and the environment (ie biosafety). This is because the effects of this technology on biosafety are still highly uncertain. Against this background, the judicial bodies under the World Trade Organization (WTO) find themselves in the middle of an intricate and polarised debate in which a proper judicial balance between free trade and biosafety becomes fundamental in order to determine whether requests for ensuring human and environmental health justify trade restrictions. This paper aims to highlight that the WTO is institutionally unready for balancing economic and non-economic values. In suggesting how to rationalise the judicial balance between the competing interests in the context of biotechnology, this paper demonstrates that the judicial adoption of a well-structured proportionality analysis can turn the current balance by chance into a balance by structure.

A Critique of Neo-Malthusian Marxism: Society, Nature, and Population

1998 ◽  
Vol 2 (1) ◽  
pp. 118-142 ◽  
Author(s):  
Paul Burkett
Keyword(s):  
Soviet Union ◽  
Global Economy ◽  
Free Market ◽  
New Left ◽  
Global Scale ◽  
Theory And Practice ◽  
End Of History ◽  
Positive Side ◽  
The Soviet Union ◽  
Marxist Ideology

AbstractRecent decades have seen a rethinking and renewal of Marxism on various levels, beginning in the 1950s and 1960s when New-Left movements in the developed capitalist countries combined with Maoist, Guevarist, and other Third-World liberation struggles to challenge the ossified theory and practice of Soviet-style communism and traditional social democracy. More recently, the rethinking of Marxism has been driven largely by the collapse of the Soviet Union and its official Marxist ideology, and by the movement toward neoliberal ‘free market’ policies on a global scale, which together have brought forth a tidal wave of frankly pro-capitalist as well as ‘postmodern’ left varieties of ‘end of history'-type thinking. The contemporary challenge to Marxism, however, also has a positive side in the form of popular revolts against the neoliberalisation of the global economy – the Chiapas rebellion in Mexico, the December 1995 public sector upheavals in France, and many others, not to mention the heroic struggle of the Cuban people against the threat of recolonisation by US and global capital. Here the challenge is to incorporate the changing forms of working-class movement, and their new prefigurations of post-capitalist society, into the theory and practice of Marxian communism.

POSTINDUSTRIALIZATION AND DEINDUSTRIALIZATION IN THE GLOBAL ECONOMY IN THE CONTEXT OF RUSSIA'S ECONOMIC SECURITY

2021 ◽  
Vol 5 (199) ◽  
pp. 9-17
Author(s):  
V.A. Noskov ◽  
Keyword(s):  
Developing Countries ◽  
National Security ◽  
Global Economy ◽  
Industrial Development ◽  
World Economy ◽  
Import Substitution ◽  
Economic Security ◽  
Regional Features ◽  
The World ◽  
Post Industrial

The purpose of the publication is to assess the world experience of post-industrial development and deindustrialization in the economies of both developed and developing countries. The importance of the crisis of the post-industrial paradigm for the development of the world economy, the application of this experience in the process of import substitution and the unfolding reindustrialization in Russia is noted. The analysis of the world experience of post-industrial development and deindustrialization of the economy, its macro-regional features is carried out in the context of maintaining and developing Russia's economic security. The author's understanding of the problems and prospects of the development of import substitution and reindustrialization processes in the world is proposed. Import substitution is considered as part of the strategy of economic development and ensuring the national security of the country. It is proposed to build recommendations for improving the policy of import substitution and reindustrialization carried out by Russia, taking into account the author's developments.

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