India and China

2012 ◽  
Vol 68 (1) ◽  
pp. 69-87
Author(s):  
T.P. Bhat
Keyword(s):  
Foreign Trade ◽  
Market Access ◽  
Import Substitution ◽  
Foreign Market ◽  
Global Market ◽  
Export Growth ◽  
Open Door Policy ◽  
The Us ◽  
India And China ◽  
China’S Economy

India and China share many similarities. In the initial years, both adopted inward-looking import substitution policies with little consideration to foreign trade. During that period, China’s foreign trade policy was more regimented than that of India’s. As a result, both suffered on account of inefficiency in production and technological backwardness. China’s ‘open door’ policy came into force in 1978, and India adopted liberalisation policies much later in 1991. China’s economy grew much faster with an emphasis on export growth and attracting foreign direct investment. India, too, followed this approach in a calibrated manner. Domestic economic reform in China was carried out with a view to join the World Trade Organization (WTO). Entry of China into WTO unfolded trade liberalisation on an unprecedented scale. China’s foreign market access enhanced its export growth to a phenomenal level. Now it has become the number one exporter, surpassing the US. India’s exports also grew, but not as fast as China’s. Trade instrument deployed by both the countries varies in nature and substance. China’s export competitive power is well established in the global market, while India is yet to get to that level.

Processes of import substitution in the market of meat and dairy products in the context of economic policy

2019 ◽  
pp. 60-74
Author(s):  
T.N. Belova ◽  
V.S. Konkina
Keyword(s):  
Agricultural Production ◽  
Import Substitution ◽  
Foreign Market ◽  
Food Prices ◽  
Negative Effects ◽  
Complex Dynamic ◽  
Dairy Markets ◽  
Food Market ◽  
Potential Risks ◽  
Key Indicators

In article the complex assessment of modern policy of import substitution in the sphere of the agrofood market based on balance of its positive and negative effects is given. According to Rosstat and the Federal Customs Service the complex dynamic analysis of the meat and dairy markets in the context of key indicators — the price, import, export is carried out. Relationships of cause and effect of change of a condition of the food market in connection with introduction of economic sanctions are revealed. The conclusion that the policy of import substitution has to consider the potential risks and threats connected as with the possible accompanying growth of the food prices and deterioration of the food status of the least provided groups of the population, and with technical and technological dependence of domestic agricultural production on a foreign market is drawn. The main directions in which programs of support and stimulation are necessary are formulated.

The Gnosis of Toni Morrison: Morrison’s Conversation with Herman Melville, with a Nod to Umberto Eco

2019 ◽  
Vol 13 (3) ◽  
pp. 357-376
Author(s):  
Justine Tally
Keyword(s):  
Toni Morrison ◽  
Herman Melville ◽  
Global Market ◽  
Academic Community ◽  
American Renaissance ◽  
Moby Dick ◽  
Nag Hammadi ◽  
The Us ◽  
The University ◽  
The Rose

Abstract Long before Toni Morrison was extensively recognized as a serious contender in the “Global Market of Intellectuals,” she was obviously reading and absorbing challenging critical work that was considered “provocative and controversial” by the keepers of the US academic community at the time. While no one disputes the influence of Elaine Pagels’ work on Gnosticism at the University of Princeton, particularly its importance for Jazz and Paradise, the second and third novels of the Morrison trilogy, Gnosticism in Beloved has not been so carefully considered. Yet this keen interest in Gnosticism coupled with the author’s systematic study of authors from the mid-19th-century American Renaissance inevitably led her to deal with the fascination of Renaissance authors with Egypt (where the Nag Hammadi manuscripts were rediscovered), its ancient civilization, and its mythology. The extensive analysis of a leading French literary critic of Herman Melville, Prof. Viola Sachs, becomes the inspiration for a startlingly different reading of Morrison’s seminal novel, one that positions this author in a direct dialogue with the premises of Melville’s masterpiece, Moby-Dick, also drawing on the importance of Gnosticism for Umberto Eco’s 1980 international best-seller, The Name of the Rose.

Extraterritorial Shrimps, NGOs and the WTO Appellate Body

1999 ◽  
Vol 48 (1) ◽  
pp. 199-206 ◽  
Author(s):  
Asif H. Qureshi
Keyword(s):  
United States ◽  
Dispute Settlement ◽  
Market Access ◽  
The United States ◽  
Consultation Process ◽  
Appellate Body ◽  
Wto Dispute Settlement ◽  
The Us ◽  
Wto Appellate Body ◽  
Dispute Settlement System

At the centre of the international trading order, under the framework of the World Trade Organization (WTO), lies a dispute-settlement system. This system offers a graduated conflict-resolution mechanism that begins with a consultation process; progresses to adjudication, through a panel system, and ends in an appellate process.1 Under this machinery, in October 1996 India, Malaysia, Pakistan and Thailand (the complainants) requested joint consultations with the United States, regarding the US prohibition on the importation of certain shrimps and shrimp products caught with fishing technology considered by the United States adversely to affect the population of sea turtles—an endangered species under CITES.2 The US prohibition arose from section 609 of Public Law 101–1623 and associated regulations and judicial rulings (hereafter referred to as section 609). In a nutshell the complainants claimed denial of market access to their exports, and the United States justified this on grounds of conservation. However, as a consequence of the failure of the consultations, the WTO Dispute Settlement Body established a panel, around April 1997, to consider a joint complaint against the United States in relation to section 609. Australia, Ecuador, the European Communities, HongKong, China, Mexico and Nigeria joined the complainants as third parties. In May 1998 the panel's report was published, containing a decision in favour of the complainants. In July 1998 the United States appealed to the WTO Appellate Body, and in October 1998 the Appellate Body issued its report.4

II. Caspian Energy: Oil and Gas Resources and the Global Market

2003 ◽  
Vol 2 (3) ◽  
pp. 391-406
Author(s):  
Mehdi Parvizi Amineh ◽  
Henk Houweling
Keyword(s):  
World War Ii ◽  
Property Rights ◽  
Oil And Gas ◽  
International System ◽  
Global Market ◽  
Energy Resources ◽  
Survival Strategies ◽  
The Us ◽  
Oil And Gas Resources ◽  
The Military

AbstractThis article develops several concepts of critical geopolitics and relates them to the energy resources of the Caspian Region. Energy resources beyond borders may be accessed by trade, respectively by conquest, domination and changing property rights. These are the survival strategies of human groups in the international system. The article differentiates between demand-induced scarcity, supply-induced scarcity, structural scarcity and the creation, respectively, transfer of property rights. Together, the behaviors referred to by these concepts create a field of social forces that cross state borders involving state and a variety of non-state actors. During World War II, the US began to separate the military borders of the country from its legal-territorial borders. By dominating the world's oceans, the Anglo-Saxon power presided over the capacity to induce scarcity by interdicting maritime supplies to allies and enemies alike. Today, overland transport increasingly connects economies and energy supplies on the Eurasian continent. The US has therefore to go on land in order to pre-empt the land-based powers from unifying their economies and energy supplies.

Foreign Trade of Russia: Barometer Foretells Storm

2016 ◽  
Vol 60 (2) ◽  
pp. 15-25
Author(s):  
V. Obolenskiy
Keyword(s):  
Foreign Trade ◽  
Large Scale ◽  
Manufacturing Industry ◽  
Import Substitution ◽  
Developed Countries ◽  
Scale Production ◽  
Goods And Services ◽  
Effective System ◽  
The Government ◽  
The Developed Countries

The development of Russian foreign trade during the previous five years is analyzed. It is stated that, in terms of value, exports of services and imports of goods and services steadily grew during the first four years of the period under review. Exports of goods also rose during three years, but in 2014 both exports and imports again fell in comparison with the previous year as was the case five years ago. The composition of the Russian exports and imports of goods did not change radically during the previous years. The main items of export are, as always, mineral products, metals and fertilizers. Import is prevailed by foodstuffs, chemicals and heavy engineering equipment. The current situation is featured by the reduction of world oil prices, slump of the domestic economy and war of sanctions with the Western countries. All this substantially impairs the conditions of Russia’s foreign trade activities and inhibits its development in the upcoming years. In the author’s view, the implementation of measures worked out by the government – correction of tariff liabilities before the WTO, redirecting of trade streams from the European to the Asian markets, import substitution and export support – will unlikely improve the situation. Revision of the liabilities before the WTO in the conditions of the decrease of the internal demand and serious devaluation of Ruble is considered as inappropriate and counterproductive. “Asiatic turn” is only capable to compensate to a certain respect the loss of supplies of some food products from Europe, but cannot fully offset the loss of potentialities of the acquisition of modern technologies and equipment from the developed countries. It is doubtful that it will be possible to dramatically cut the import dependence. It is necessary to replace many kinds of foreign goods, but it is impossible to implement a frontal substitution of import in all directions. Excessive stress on the import substitution might lead to the emergence of shortages and poorer availability of some goods at the internal market and, at the worst, to self-isolation and economic autarky. The attempts to build up an effective system of export support might be successful only in the conditions of the establishment of the large-scale production of goods and services which would be comparable with the foreign analogues in respect to the criteria of price and quality. Taking this into consideration the technological renovation of production processes, first of all in the manufacturing industry, and on this basis rising up of the competitiveness of plants and factories are the most important prerequisites for encouraging export activities and formation of the new export specialization of the country.

Transatlantic Trade and Investment Partnership

2015 ◽  
pp. 14-22 ◽  
Author(s):  
P. Kadochnikov ◽  
M. Ptashkina
Keyword(s):  
Market Access ◽  
Trade Agreement ◽  
Government Procurement ◽  
Atlantic Trade ◽  
Bilateral Relations ◽  
The Us ◽  
The Future ◽  
High Standards ◽  
Set Up ◽  
Trade And Investment

The US and the EU are negotiating a comprehensive Trans-Atlantic Trade and Investment Partnership (TTIP). The main purposes of the agreement are to stimulate economic growth and employment, to facilitate trade and investment and raise competitiveness on both sides of the Atlantic. The US and EU are the biggest trade and investment partners for each other, as well as most important partners for a number of other countries. The Trans-Atlantic free trade agreement would not only facilitate bilateral cooperation, but has a potential to set up new, more advanced international trade and investment rules and practices. The agreement is aimed, among other point, at resolving some of the existing problems in bilateral relations, such as differences in regulatory practices, market access conditions, government procurement, intellectual property rights (IPR) and investor protection. However, some of these differences are deeply inherent in the regulatory systems and have become the reasons for numerous disputes. Despite the fact that the negotiations on TTIP are still in progress, it is already possible to identify and assess the underlying differences that would potentially hamper the creation of deep provisions in the future agreement. The paper aims at analyzing the most difficult areas of negotiations and giving predictions for the future provisions. Firstly, the paper gives an overview of the scope and structure of bilateral relations between the US and EU. Secondly, the authors give detailed analysis of the most important points of the negotiation’s agenda, making stress on the underlying differences in domestic regulation and assessing the depth of those differences. The conclusions are as follows. While some of the areas, such as tariffs, labor and environment, SMEs, state enterprises and others, are relatively easy to agree upon, as both economies are striving to achieve high standards, negotiations on other issues, such as government procurement, NTM regulation and IPR are less likely to achieve high standards.

Jewish American Writing and World Literature

2020 ◽  
Author(s):  
Saul Noam Zaritt
Keyword(s):  
World Literature ◽  
Global Market ◽  
Global Network ◽  
Jewish American ◽  
Global Circulation ◽  
Isaac Bashevis Singer ◽  
The Us ◽  
The World ◽  
Anglo American ◽  
Literature Theory

Jewish American Writing and World Literature studies Jewish American writers’ relationships with the idea of world literature—how they place themselves within its boundaries, outside its purview, or, most often, in constant motion across and beyond its maps and networks. Writers such as Sholem Asch, Jacob Glatstein, Isaac Bashevis Singer, Anna Margolin, Saul Bellow, and Grace Paley all responded to a demand to write beyond local Jewish and American audiences and toward the world, as a global market and as a transnational ideal. At the same time, their work is deeply informed by an intimate connection to Yiddish, a Jewish vernacular with its own global network and institutional ambitions. This book tracks the attempts and failures, through translation, to find a home for Jewish vernacularity in the institution of world literature. Beyond fame and global circulation, world literature holds up the promise of legibility, in which a threatened origin becomes the site for redemptive literary creativity. But this promise inevitably remains unfulfilled, as writers struggle to balance potential universal achievements with untranslatable realities, rendering impossible any complete arrival in the US and in the world. The exploration of the translational uncertainty of Jewish American writing joins postcolonial critiques of US and world literature and challenges Eurocentric and Anglo-American paradigms of literary study. In bringing into conversation the fields of Yiddish studies, American Studies, and world literature theory, the book proposes a new approach to the study of modern Jewish literatures and their implication within global empires of culture.

scholarly journals The Success of Japanese Foreign Market Investments in Hungary

2021 ◽  
Vol 12 (4) ◽  
pp. 92-98
Author(s):  
Botond Kálmán ◽  
◽  
Arnold Tóth
Keyword(s):  
Economic Growth ◽  
Market Access ◽  
Dominant Role ◽  
Foreign Market ◽  
Foreign Direct Investments ◽  
Capital Investments ◽  
Positive Effects ◽  
Special Area ◽  
Role Based ◽  
Japanese Fdi

This study examines the recent history and current state of a special area of Japanese-Hungarian economic relations, foreign direct investments (FDI) in Hungary. We reviewed the flow of Japanese capital into Hungary. Foreign direct capital investments can improve productivity on the one hand via technology transfer, and one the other hand, they may have further positive effects through corporate relationships, such as market access or improved financing conditions. Through these means, they strengthen economic growth. When analyzing the data on the historical development of Japanese investment, we showed that the automotive industry plays a dominant role. Based on our results, the influx of Japanese FDI into the Hungarian economy is mutually advantageous to both parties. The most important result for Hungary was economic growth and for Japan, the easier access to the EU markets. Japanese-Hungarian relations are not limited to economic cooperation, they are present in everyday life and continue to grow closer.

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