scholarly journals Containing climate change: The new governmental strategies of catastrophic environments

2020 ◽  
pp. 251484862090238
Author(s):  
Nicholas Beuret

The only existing plans to arrest dangerous climate change depend on either yet to be invented technologies to keep us below 2°C or on crashing the world economy for decades to come. The political choice appears to be between doing what is scientifically necessary or what is politically realistic; between shifting to an entirely different kind of global socio-economic system or suffering catastrophe. We are thus in a moment of governmental impasse, caught between old and still-emerging political rationalities. Working through the liminal governmental role of environmental non-governmental organisations, this paper explores the shift from governmental regimes centred on biopower to ones that work through the register of geopower, from governing life to governing the conditions of life. Confronted with climate change as an irresolvable problem, what we find emerging are techniques that aim to contain the worst effects of climate change without fundamentally transforming the global economy.

2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin

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.


Author(s):  
Anna Zorska

The article aims at an analysis of changes in development of globalization which took place during the 2007-2008 crisis and the following years of the economic slowdown. The analysis is conducted against the background of the situation in the world economy and includes investigation of changes (dynamics and structures) in global flows of merchandise, exports of services and foreign direct investments. The structural transformation of global flows indicates the increasing share and role of China in the world economy. The significance of transnational corporations in the globalization process calls for portraying the evolution of their activity and relations with nation states and other groups of economic actors. Attention is drawn to changes in the set and forces of key globalization factors, including technological progress (in the age of information revolution), economic, social and demographic as well as political factors. The increasing impacts of evolving States' policies and socio-demographic situation on trends in the global economy are acknowledged. The transformation of globalization factors considerably affects the development and evolution (or metamorphosis) of the investigated process. Six signs of the initiated metamorphosis of globalization, which indicate possible intensification and direction of changes in the futurę development of the process, are discussed


2021 ◽  
Vol 21 (2) ◽  
pp. 219-235
Author(s):  
Bo Kong ◽  
Kevin P. Gallagher

AbstractThis article examines the political economy of Chinese overseas development finance for coal fired power plants. In just over a decade China's two major policy banks provide more financing for overseas coal-fired power plant expansion than any other public financier in the world economy. We show how China's overseas surge in public financing for coal fired power plants is a function of a number of domestic push and foreign pull factors. Excess capacity, environmental regulation, and structural change are push factors that converge with rising demand for energy, pockets of coal abundance, and the lack of financing in Western capital markets for coal fired power plants. Fragmentation across the Chinese system and the demand for coal outside China's borders allow for a decline sector on the mainland to become a global Chinese powerhouse.


2017 ◽  
Vol 5 (1) ◽  
Author(s):  
Fiona Wilkie

AbstractIn Renaissance and Restoration England, many popular plays functioned as “voyage dramas,” offering opportunities for vicarious tourism to their audiences (McInnis 2012). The theatre became one site in which to receive and negotiate information about elsewhere, at a time before mass access to travel was available. The tagline of London’s Young Vic theatre – “It’s a big world in here” – suggests that something of this spirit survives in twenty-first-century performance. It is a sentiment that we find also in the festival director Mark Ball’s assertion that “theatre is my map of the world.” But the version of the world created here is necessarily skewed by a politics of mobility (Cresswell 2010): the uneven frictions, routes, speeds, levels of comfort, and power relations affecting how theatre-makers and productions move around the world. And contemporary audiences are themselves likely to come to the theatre with multiple and unequal experiences of travel. This article asks what function contemporary voyage dramas serve in a context of the widespread mobility of people, finance, goods and ideas, and what might be the political challenges of representing travel in the theatre. It investigates the claim to authenticity, the negotiation of privilege and remoteness, and the role of the performer as mediator in theatrical travel narratives. In particular, it focuses on Simon McBurney’s solo performance


2021 ◽  
Vol 1 (72) ◽  
pp. 333-349
Author(s):  
Mircea COȘEA

Coronavirus has generated changes and mutations not only in the conduct of our daily lives, but also in the organization and functioning of the economic mechanism at national and global level.The rapid changes and shifts that are taking place in the economy are for the moment the result of the political mainstream, especially the governmental one, and of the system of internationalfinancial institutions. What is visible and certain is the elimination of some limits in giving up ideological principles and established rules of the functioning of the economic mechanism. Thus, the neoclassical ideology, the foundation of the whole scaffolding of the global economic policies, easily compromises by admitting that in the current conditions state interventionism has a more  important role than free market laws in counteracting the effects of the pandemic on the economy. This process easily went beyond the regulations of the liberalization of trade in goods, returning to protectionism with nationalist accents as well as to bans on food and medicine exports. The principle of European solidarity is being threatened by unilateral decisions taken by Member States, or by the abandonment of European agreements in order to replace them by national decisions. Globalization was based on the imperative to produce, sell and buy, move, circulate, move on. Its ideology of progress is based on the idea that the economy must definitely replace politics. The essence of the system was the abolishment of limits: more trade, more and more goods, more and more profits to allow money to circulate and turn into capital. This whole concept of development has ceased to be the guiding principle of economic growth and development, thecurrent trend being the return to national borders, if not in a strictly territorial sense, at least in an economic sense. That is why one of the important changes of recent months is the emergence of policies designedto change the meaning of supply chains. Rethinking supply chains is a consequence of border closures or of the sudden closure of transport. It is a critical point of pressure that weighs mainly on car manufacturers and capitalgoods. As a result, there will be a trend of relocating production to European or Maghreb countries where wages remain lower than the European average. Another quick and important change is the one related to the role of the state in the economy, neoliberalism successfully promoting throughout the global economy the idea of the need for the limited role of state decision and state interventionism in the economy. The current change consists precisely in reversing the role of the state from passivity to activity, considered as the only one capable of ensuring an efficient system for managing the pandemic and restarting the economy. For many analysts, the coronavirus crisis could lead to a profound change in the global economic model and in the individual economic behavior.This is an extremely important issue also from the perspective of Romania's future. We are at a turning point and will have to make quick and complex decisions, because Romania risks entering a post-crisis period in an economic stagnation difficult to overcome, due to the lack ofproductivity, innovation and modern management. The gaps between Romania and the vast majority of European countries will be maintained, condemning us to occupy a marginal and lower place in the hierarchy of the European economy, characterized by a high and dangerous degree of dependence on the evolution and dynamics of markets in the strong states of the European Union. The explanation of this situation lies in the type and functioning of the structure of the Romanian economy. The current structure of the Romanian economy lies on the last concentric circle of European integration, if its center is considered the western core of theEU. There is no doubt about this inevitability. The crisis caused by the pandemic already exists and despite the optimism of some international financial institutions it will profoundly affect the state of the world economy and the life of the citizens. There will be not only major changes in the paradigm of the neoliberal model of the global economy but also changes in the balance of power between the world's major economic and political actors. The trade war between the USA and China is also beginning to have important political aspects, as the fight for world leadership between these two superpowers is generating tensions over the entire world. These tensions will surely have many "collateral victims" through the direct and indirect damage that many national economies, even the European Union, will suffer, as a result of the economicand political consequences of the US and China entering a state that some Western analysts define as " a cold war but with a tendency to warm up". These elements will aggravate the pressure that the pandemic crisis will put on the state of the world economy, determining the extent and depth of the effects of the crisis not only on the economic field but also on the balance and stability of international relations.Keywords: coronavirus crisis; value chains; multilateralism-unilateralism; protectionism, neoliberal global economic model. 


Author(s):  
Yuriy Gumenyuk

The role of ensuring the economy of the country as factors of production for its competitiveness in the world markets of goods and services is substantiated. It is proved that the artificial reduction of the share in the production function of one of the factors leads to an increase in its price (share) in the national product. This gave a chance to scientifically and methodologically substantiate the position according to which emerging market countries must form an effective aggregate demand through the formation of the middle class and any slowing down in this direction leads to cur­tailment of economic development. Instead, the uneven distribution of the global economy is spreading and the death penalty is formed, which consumption costs are motivated by scientific and technological progress.


2020 ◽  
Vol 174 ◽  
pp. 01052
Author(s):  
Oleg Kalenov ◽  
Sergey Kukushkin ◽  
Galina Bolkina

The role of the mining industry in the world economy is enormous, since its branches are the most important source of industrial raw materials, without which the intensive growth of modern industry would be completely impossible. However, the technologies used in it are not always innovative. Despite the fact that the mining industry occupies a fairly small percentage in the structure of the world economy and does not exceed 10%, it is an important source of income for many states, including Russia. However, the changes that are now observed in the global economy require new approaches to organizing activities. Despite its profitability, this industry is quite difficult to manage. The way from the extraction of raw materials to their end user is very complicated and depends on many conditions. For the successful integration of the Russian mining industry into new economic realities, it is necessary to intensify innovative processes by investing financial resources in new equipment and high technology. At the same time, acceleration of the development of the mining industry can be achieved in the chain “mining industry - processing industry” through the introduction and use of nanotechnology, which can significantly improve the quality of raw materials.


2021 ◽  
Author(s):  
Sergey Kaledin ◽  
Marina Motorina

In the modern economic system, there is a continuous acceleration of the integration processes that lead to the formation of a unified global economic system. The international economy can no longer be described as a community of sufficiently independent and even largely self-sufficient national economies. Accordingly, the concept of internationalization can no longer be used to describe contemporary international relations, which traditionally presupposes, above all, the prevailing role of international trade, manifested in the mass entry of national companies into the world market. At present, the processes of unification and interdependence affect not so much trade as the universal interrelationships of the countries of the world. В современной экономической системе происходит непрерывное ускорение объединительных процессов, вызывающих формирование единой глобальной мирохозяйственной системы. Международная экономика уже не может быть охарактеризована как сообщество достаточно независимых и даже во многом самодостаточных национальных экономик. Соответственно, для описания современных международных отношений уже не может использоваться понятие интернационализации, традиционно предполагающее, прежде всего, превалирующую роль международной торговли, проявляющуюся в массовости выхода национальных компаний на мировой рынок. В настоящее время процессы объединения и установления взаимозависимостей затрагивают не столько торговые, сколько всеобщие взаимосвязи стран мира.


2020 ◽  
pp. 251484862097370
Author(s):  
Melissa García-Lamarca ◽  
Sara Ullström

As more cities seek to address environmental and climate change woes, the issuance of municipal green bonds to finance such initiatives is growing. But how do issuers and investors conceptualise and enact green bonds in relation to building a more sustainable society? What socionatures are produced with these bonds, and for whom? Based on fieldwork in Gothenburg, the first municipality in the world to issue green bonds, we bring together the literature on green finance, post-politics and affect through an urban political ecology lens to unpack the processes, practices and discourses underlying green bonds. We argue that green bonds ultimately serve as a new path to attract and circulate capital within the consensual, non-antagonistic sustainable order, where claims of doing good and building a good conscience are affective mechanisms that play an important, yet underexplored, role. In the conclusion, we reflect on the broader role of green finance and the possibility of harnessing affect and the political towards building more transformative and emancipatory urban socio-environments.


2020 ◽  
Vol 211 ◽  
pp. 02007
Author(s):  
Andrey Zaytsev ◽  
Evgeniy Konnikov ◽  
Yuliya Asaturova ◽  
Svetlana Didenko

Global climate change has become one of the central problems of the world economy over last decades. Its impact on the economy forces it to adapt to the new conditions. Increasing carbon dioxide (CO2) emissions, resulting in the greenhouse effect, depletion of natural resources, pollutions and health problems directly caused by achievements of the industrial revolution have been catastrophic for the environment. The object of the research in this work is the world economic system. The aim of the research is to analyze the factors affecting climate change and to produce recommendations for preventing the negative impact of human economic activity on the world economic system. As a result of the research, four basic econometric models have been built: 1) dependence of temperature change on CO2 emissions; 2) dependence of the number of disasters on temperature change; 3) dependence of the world GDP on the number of disasters; 4) dependence of CO2 emissions on GDP. According to the results of econometric research, this study obtained working conceptual model, which describes cyclic influence of the four interrelated factors, forming a closed system. Thus, the work proves that there is a cyclic relationship between climate change and the state of the world economy.


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