Beaten paths towards the transnational corporate elite

2021 ◽  
pp. 026858092110516
Author(s):  
Diliara Valeeva ◽  
Frank W Takes ◽  
Eelke M Heemskerk

The transnationalization of economic activities has fundamentally altered the world. One of the consequences that has intrigued scholars is the formation of a transnational corporate elite. While the literature tends to focus on the topology of the transnational board interlock network, little is known about its driving mechanisms. This article asks the question: what are the trajectories that corporate elites follow in driving the expansion of this network? To answer this, the authors employ a novel approach that models the transnationalization of elites using their board appointment sequences. The findings show that there are six transnationalization trajectories corporate elites follow to expand the network. The authors argue that while the transnational elite network appears as a global social structure, its generating mechanisms are regionally organized. This corroborates earlier findings on the fragmentation of the global network of corporate control, but also provides insights into how this network was shaped over time.

2020 ◽  
Author(s):  
Leonardo M. Millefiori ◽  
Paolo Braca ◽  
Dimitris Zissis ◽  
Giannis Spiliopoulos ◽  
Stefano Marano ◽  
...  

Abstract To prevent the outbreak of the Coronavirus disease (COVID-19), numerous countries around the world went into lockdown and imposed unprecedented containment measures. These restrictions progressively produced changes to social behavior and global mobility patterns, evidently disrupting social and economic activities. Here, using maritime traffic data, collected via a global network of Automatic Identification System (AIS) receivers, we analyze the effects that the COVID-19 pandemic and the containment measures had on the shipping industry, which accounts alone for more than 80% of the world trade. We introduce the notion of a “maritime mobility index”, a synthetic composite index, to quantitatively assess ship mobility in a given unit of time. The mobility index calculation used in this study, has a worldwide extent and is based on the computation of Cumulative Navigated Miles (CNM) of all ships reporting their position and navigational status via AIS. We compare 2020 mobility levels to those of previous years assuming that an unchanged growth rate would have been achieved, if not for COVID-19. Following the outbreak, we find an unprecedented drop in maritime mobility, across all categories of commercial shipping. The reduced activity is observable from March to June, when the most severe restrictions were in force, producing a variation of mobility quantified between -5.62% and -13.77% for container ships, between 2.28% and -3.32% for dry bulk, between -0:22% and -9.27% for wet bulk, and between -19.57% and -42.77% for passenger shipping. The presented study is unprecedented for the uniqueness and completeness of the employed AIS dataset, which comprises a trillion AIS messages broadcast worldwide by 50,000 ships, a figure that closely parallels the documented size of the world merchant fleet.


Author(s):  
Man Luo ◽  
Wenzhe Zhang ◽  
Tianyou Song ◽  
Kun Li ◽  
Hongming Zhu ◽  
...  

Electric Vehicle (EV) sharing systems have recently experienced unprecedented growth across the world. One of the key challenges in their operation is vehicle rebalancing, i.e., repositioning the EVs across stations to better satisfy future user demand. This is particularly challenging in the shared EV context, because i) the range of EVs is limited while charging time is substantial, which constrains the rebalancing options; and ii) as a new mobility trend, most of the current EV sharing systems are still continuously expanding their station networks, i.e., the targets for rebalancing can change over time. To tackle these challenges, in this paper we model the rebalancing task as a Multi-Agent Reinforcement Learning (MARL) problem, which directly takes the range and charging properties of the EVs into account. We propose a novel approach of policy optimization with action cascading, which isolates the non-stationarity locally, and use two connected networks to solve the formulated MARL. We evaluate the proposed approach using a simulator calibrated with 1-year operation data from a real EV sharing system. Results show that our approach significantly outperforms the state-of-the-art, offering up to 14% gain in order satisfied rate and 12% increase in net revenue.


2009 ◽  
Vol 9 (5) ◽  
pp. 549-556 ◽  
Author(s):  
S. Kjellberg ◽  
A. Jayaratne ◽  
E. Cadan ◽  
N. Sukumaran ◽  
J. Vreeburg ◽  
...  

Routine cleaning of water mains is frequently employed by water utilities around the world as a means of managing common water quality issues. When employed correctly, water mains cleaning can be effective in removing loosely deposited sediments and bio-films that cause water discolouration, coliform regrowth and unpalatable tastes and odours. Despite its long history in the water industry, water supply practitioners continue to use highly subjective mechanisms to identify when, where and how much to spend on their mains cleaning programs. This paper discusses the benefits of using the Resuspension Potential Method, an objective means of planning and implementing mains cleaning, to achieve an optimum outcome for both the water company and its customers. Since 2005, Yarra Valley Water has undertaken Resuspension Potential Method measurements in 13 of its water quality zones to gain a better understanding of sediment accumulation rate in the zones over time. Ultimately the information will be used for more effective planning and proactive implementation of the mains cleaning programme.


2016 ◽  
Vol 10 (10) ◽  
pp. 106
Author(s):  
Rezvani Kakhki Saeid ◽  
Rahnama Mohammad Rahim

A special position is dedicated to preservation and reconstruction of old city centers in the world with the aim of cultural, economic, social and historical revival. Economic revival is considered as an important strategy which means boosting suitable and harmonious economic activities to both strengthening the existing activities and attracting new economic activities. Over time, the centers of cities gradually wear out and their importance and application decrease. This will lead to migration of city center residents to suburbs and consequently horizontal growth of cities. Smart growth and form-oriented regulations formulation known as transport regulations is as one of the introduced approaches in developed cities to deal with horizontal growth and urban sprawl. In the recent study, the processes of old areas reconstruction are compared to the transport criteria and indices of smart growth to deal with horizontal growth. We have attempted to make it possible to evaluate local projects and reconstruct damaged urban textures. In addition, hypotheses were examined using mean comparison test to determine the conformity of these methods with the smart growth. Results showed that the local project of reconstruction of Qarani neighborhood in Mashhad is inconsistent with the smart growth regulations.


2021 ◽  
Author(s):  
Thierry Rossier ◽  
Christoph Houman Ellersgaard ◽  
Anton Grau Larsen ◽  
Jacob Aagaard Lunding

This article focuses on historical elite dynamics and investigates elites’ integration over time. We describe the changing relations and composition of the central circles in Swiss elite networks at seven benchmark years between 1910 and 2015 by relying on 22,262 elite individuals tied to 2587 organisations among eight key sectors, and identify for each year the most connected core of individuals. We explore network cohesion and sectoral bridging of the elite core and find that it moved from being a unitary corporate elite following family-based elite reproduction, before 1945, to an integrated corporatist elite involved in educational and professional-based reproduction, between the 1950s and 1980s, before fragmenting into a loose group in the 1990s onwards. The core was always dominated by business and their forms of legitimacy but, at times of crisis to the hegemony of corporate elites, elite circles expanded and included individuals with delegated forms of power, such as politicians and unionists, detaining more university credentials, and less transnational connections and elite family ties.


2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Leonardo M. Millefiori ◽  
Paolo Braca ◽  
Dimitris Zissis ◽  
Giannis Spiliopoulos ◽  
Stefano Marano ◽  
...  

AbstractTo prevent the outbreak of the Coronavirus disease (COVID-19), many countries around the world went into lockdown and imposed unprecedented containment measures. These restrictions progressively produced changes to social behavior and global mobility patterns, evidently disrupting social and economic activities. Here, using maritime traffic data collected via a global network of Automatic Identification System (AIS) receivers, we analyze the effects that the COVID-19 pandemic and containment measures had on the shipping industry, which accounts alone for more than 80% of the world trade. We rely on multiple data-driven maritime mobility indexes to quantitatively assess ship mobility in a given unit of time. The mobility analysis here presented has a worldwide extent and is based on the computation of: Cumulative Navigated Miles (CNM) of all ships reporting their position and navigational status via AIS, number of active and idle ships, and fleet average speed. To highlight significant changes in shipping routes and operational patterns, we also compute and compare global and local vessel density maps. We compare 2020 mobility levels to those of previous years assuming that an unchanged growth rate would have been achieved, if not for COVID-19. Following the outbreak, we find an unprecedented drop in maritime mobility, across all categories of commercial shipping. With few exceptions, a generally reduced activity is observable from March to June 2020, when the most severe restrictions were in force. We quantify a variation of mobility between −5.62 and −13.77% for container ships, between +2.28 and −3.32% for dry bulk, between −0.22 and −9.27% for wet bulk, and between −19.57 and −42.77% for passenger traffic. The presented study is unprecedented for the uniqueness and completeness of the employed AIS dataset, which comprises a trillion AIS messages broadcast worldwide by 50,000 ships, a figure that closely parallels the documented size of the world merchant fleet.


2001 ◽  
pp. 13-17
Author(s):  
Serhii Viktorovych Svystunov

In the 21st century, the world became a sign of globalization: global conflicts, global disasters, global economy, global Internet, etc. The Polish researcher Casimir Zhigulsky defines globalization as a kind of process, that is, the target set of characteristic changes that develop over time and occur in the modern world. These changes in general are reduced to mutual rapprochement, reduction of distances, the rapid appearance of a large number of different connections, contacts, exchanges, and to increase the dependence of society in almost all spheres of his life from what is happening in other, often very remote regions of the world.


2010 ◽  
Vol 1 (1) ◽  
pp. 1-19
Author(s):  
Ahmed Akgunduz

AbstractIslamic Law is one of the broadest and most comprehensive systems of legislation in the world. It was applied, through various schools of thought, from one end of the Muslim world to the other. It also had a great impact on other nations and cultures. We will focus in this article on values and norms in Islamic law. The value system of Islam is immutable and does not tolerate change over time for the simple fact that human nature does not change. The basic values and needs (which can be called maṣlaḥa) are classified hierarchically into three levels: (1) necessities (Ḍarūriyyāt), (2) convenience (Ḥājiyyāt), and (3) refinements (Kamāliyyāt=Taḥsīniyyāt). In Islamic legal theory (Uṣūl al‐fiqh) the general aim of legislation is to realize values through protecting and guaranteeing their necessities (al-Ḍarūriyyāt) as well as stressing their importance (al‐ Ḥājiyyāt) and their refinements (taḥsīniyyāt).In the second part of this article we will draw attention to Islamic norms. Islam has paid great attention to norms that protect basic values. We cannot explain all the Islamic norms that relate to basic values, but we will classify them categorically. We will focus on four kinds of norms: 1) norms (rules) concerned with belief (I’tiqādiyyāt), 2) norms (rules) concerned with law (ʿAmaliyyāt); 3) general legal norms (Qawā‘id al‐ Kulliyya al‐Fiqhiyya); 4) norms (rules) concerned with ethics (Wijdāniyyāt = Aḵlāqiyyāt = Ādāb = social and moral norms).


The COVID-19 pandemic identified in Wuhan, China in December 2019, has spread almost to all the countries of the world. The mitigation measures imposed by most of the nations to prevent the spread of COVID-19 have badly hit the global economic activities. As per the latest estimates, the world economy is predicted to decline by 5.2 percent, and world trade is expected to drop by 13-32 percent in 2020 due to the COVID-19 pandemic. In this way it has created havoc in the world economy and the Indian economy is no exception. The International Monetary Fund (IMF) has estimated the Indian GDP growth at 1.9 percent and showed the worst growth performance of India after the liberalisation policy of 1991. According to the World Bank, the Indian economy will contract by 3.2 percent in 2020-21. Daily wage labourers and other informal workers, particularly migrant labourers of economically poor states were the worst hit during the lockdown period and will continue to be adversely affected even after the lockdown was relaxed. The paper suggested multiple measures to support the Indian economic and financial support to all the families of the informal economy workers to tide over this crisis.


Author(s):  
Arun Kumar L.S

International business is essential for the countries to generate Economic growth or to increase in exports and reduce in imports, it encompasses all commercial and economic activities between the nations to promote the ideas, resources, transfer the goods and services, technologies across the national borders. In every country has limited resources therefore a country cannot produce all the goods and services that it requires. The present context of the world, there is imbalance in production and supply factors due to Covid-19 pandemic, which has resulted in market imbalances (demand and supply). The world economy has been hit hard by the ongoing Covid-19 pandemic, as on June end more than ten 10 million people around the globe had been affected by this pandemic, India, USA and others are worst hit countries with decrease in GDP (Gross Domestic Product) and increase in unemployment rate. It may be useful to also note that prolonged lockdowns will eventually imply production shortfalls, may lead to increase in unemployment; decrease in demand for products, slowly running out stocks. In recent forecast of World Trade Organisation (WTO) indicated a clear fall in world trade between 13 per cent and 32 per cent in 2020, perhaps the highest fall since the Great Depression of 1930s. India and world can overcome the challenges by specific government fiscal and monetary policies, by providing economic relief packages and increase in employment opportunities by digitalisation in all the sectors of the economy to increase in accountability, convenience, and gross production, and investment, job security to casual labours or migrant workers. These factors may change the world present situation to productive or welfare economy. The purpose of the research paper is to explain Economic and Business crisis, due to covid-19 in present situation in India and the world. KEY WORDS: C0VID-19, GDP, ECONOMY and GLOBAL CRISIS.


Sign in / Sign up

Export Citation Format

Share Document