Facing off on the Final Frontier: The WTO Accession and the Rebranding of China's National Champions

2002 ◽  
Vol 105 (1) ◽  
pp. 130-146 ◽  
Author(s):  
Michael Keane
Keyword(s):  
World Trade ◽  
World Trade Organisation ◽  
Marketplace Of Ideas ◽  
Industry Development ◽  
Chinese Nation ◽  
Cultural Sovereignty ◽  
The World ◽  
Wto Accession ◽  
National Champions ◽  
Open Markets

This paper examines ramifications of China's entry into the World Trade Organisation (WTO) in the context of the increasing internationalization of its audio-visual industry landscape. The paper begins with a discussion of the concept of sovereignty. This is juxtaposed against the proposition advanced by US content industry spokesperson Jack Valenti that liberalisation of markets and openness to ‘ideas' is in China's greater interest. The point is made that a leap of faith between open markets and the ‘marketplace of ideas' is viewed suspiciously by Chinese elites, despite their declaration that WTO accession represents a win-win outcome for the Chinese nation. The second section of the paper looks at how China might respond to reassert cultural sovereignty through industry development, in particular the use of branding and localisation. The conclusion reframes the utility of the idea of sovereignty in the light of China's celebration of national champions.

Russian Policy of Agriculture Support and the Necessity of Its Modification after WTO Accession

2012 ◽  
pp. 132-149 ◽  
Author(s):  
V. Uzun
Keyword(s):  
Comparative Analysis ◽  
World Trade Organization ◽  
Agricultural Production ◽  
World Trade ◽  
The Us ◽  
The World ◽  
Wto Accession ◽  
The Eu ◽  
Agriculture Support

The article deals with the features of the Russian policy of agriculture support in comparison with the EU and the US policies. Comparative analysis is held considering the scales and levels of collective agriculture support, sources of supporting means, levels and mechanisms of support of agricultural production manufacturers, its consumers, agrarian infrastructure establishments, manufacturers and consumers of each of the principal types of agriculture production. The author makes an attempt to estimate the consequences of Russia’s accession to the World Trade Organization based on a hypothesis that this will result in unification of the manufacturers and consumers’ protection levels in Russia with the countries that have long been WTO members.

COVID-19 PANDEMIC AND ITS IMPACT ON DYNAMICS OF BUSINESS AND ECONOMICS, WITH RESPECT TO INDIA

2020 ◽  
pp. 20-24
Author(s):  
Arun Kumar L.S
Keyword(s):  
Migrant Workers ◽  
World Trade ◽  
Present Situation ◽  
World Trade Organisation ◽  
Economic Activities ◽  
Monetary Policies ◽  
Goods And Services ◽  
The Great Depression ◽  
The World ◽  
Present Context

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.

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