scholarly journals Institutional mechanisms for overcoming the contradictions between globalization and localization

2021 ◽  
Vol 2021 (4) ◽  
pp. 56-72
Author(s):  
Oleh Yaremenko ◽  
◽  

Information technology and the formation of the global market have led to such destructive a complication of the environment, which generates global imbalances, the negative effects of conflict, reducing the level of institutionalization of the world economy, narrowing the time horizon of rational choice. This stimulates the search for alternatives to excessive complexity and conflict of development. The way out of this situation is localization based on the reproduction of identities. The desired effect of localization is the institutional provision of a more balanced distribution of resources / benefits of globalization, on the one hand, and the distribution of its risks and uncertainties, on the other. Identity is seen as the extreme level of structure of society, which is responsible for the integrity of social behavior of subjects as elements of the system. The acceptable level of complexity of the global system is achieved in the ways of optimal localization. The basis of such localization is the recognition of the positive meaning of the identity factor, which generates different risk assessments, different time horizons of decision-making and different criteria for effective participation in globalization. The institutional mechanisms for the smart-localization of global development are economic sovereignty, institutional protection of the national producer, and social protection of the population. As a result, the global system has a choice of options to respond to challenges from uncertainty and threats. Globalization as unification and standardization is a more risky path because it limits variability and prevents the use of alternative cost estimation methods.

2020 ◽  
Vol 4 (2) ◽  
pp. 30
Author(s):  
Novi Swandari Budiarso ◽  
Winston Pontoh

The manufacturing firms have implicit and explicit goals and objectives. In order to achieve these goal and objective then manager needs accounting information. The accounting information created and used by management is intended primarily for planning and control decisions. One of the accounting information is cost accounting that can be used as a tool for planning the profit as the objective of the companies. Manufacturing costs are identified as variable costs or fixed costs under cost behavior analysis. Regression analysis is the one of the cost estimation methods in term to estimate the fixed costs and variable costs where the results of estimation are used to calculate the contribution margin.


The article is devoted to the study of various indicators of China's development since the beginning of the reforms. The subject of research of the article is the China's development. The goal is to study the results of China's interaction with transnational corporations. The objective is to examine the growth rates of gross domestic product (GDP) and national income per capita, the level of average wages, the level of poverty, the index of population’s quality of life, the indicator of pollution. General scientific methods are used, such as analysis, synthesis, comparisons. The following results were obtained: China's interaction with transnational corporations led simultaneously to different results. On the one hand, the country has become rich, shows economic growth, the increasing of wages and urbanization, the level of poverty has decreased, Chinese banks have become leaders in the global market, the country has become one of the largest investors in the world. On the other hand, a number of problems appeared: excessive contamination, uneven distribution of income, dependence on food imports. Conclusions: China's interaction with transnational corporations had both positive and negative effects. According to a number of experts, China's economy now is evolving in two directions. The first direction is characterized by a slow growth of those industries that have been traditional for the country: steel production, shipbuilding, industrial production. In these sectors, the government began to control surplus capacity, compliance with world standards, including environmental ones. Another direction includes industries focused on the production of services and using new technologies. At present, China is at the stage of structural reforms in economics, during which it is possible that China will be able to solve its problems.


TAPPI Journal ◽  
2012 ◽  
Vol 11 (8) ◽  
pp. 17-24 ◽  
Author(s):  
HAKIM GHEZZAZ ◽  
LUC PELLETIER ◽  
PAUL R. STUART

The evaluation and process risk assessment of (a) lignin precipitation from black liquor, and (b) the near-neutral hemicellulose pre-extraction for recovery boiler debottlenecking in an existing pulp mill is presented in Part I of this paper, which was published in the July 2012 issue of TAPPI Journal. In Part II, the economic assessment of the two biorefinery process options is presented and interpreted. A mill process model was developed using WinGEMS software and used for calculating the mass and energy balances. Investment costs, operating costs, and profitability of the two biorefinery options have been calculated using standard cost estimation methods. The results show that the two biorefinery options are profitable for the case study mill and effective at process debottlenecking. The after-tax internal rate of return (IRR) of the lignin precipitation process option was estimated to be 95%, while that of the hemicellulose pre-extraction process option was 28%. Sensitivity analysis showed that the after tax-IRR of the lignin precipitation process remains higher than that of the hemicellulose pre-extraction process option, for all changes in the selected sensitivity parameters. If we consider the after-tax IRR, as well as capital cost, as selection criteria, the results show that for the case study mill, the lignin precipitation process is more promising than the near-neutral hemicellulose pre-extraction process. However, the comparison between the two biorefinery options should include long-term evaluation criteria. The potential of high value-added products that could be produced from lignin in the case of the lignin precipitation process, or from ethanol and acetic acid in the case of the hemicellulose pre-extraction process, should also be considered in the selection of the most promising process option.


2020 ◽  
Vol 71 (1) ◽  
pp. 192-200
Author(s):  
Anca-Luiza Stanila ◽  
Catalin Cristian Simota ◽  
Mihail Dumitru

Highlighting the sandy soil of Oltenia Plain calls for a better knowledge of their variability their correlation with major natural factors from each physical geography. Pedogenetic processes specific sandy soils are strongly influenced by nature parent material. This leads, on the one hand, climate aridity of the soil due to strong heating and accumulation of small water reserves, consequences emphasizing the moisture deficit in the development of the vegetation and favoring weak deflation, and on the other hand, an increase in mineralization organic matter. Relief under wind characteristic sandy land, soil formation and distribution has some particularly of flat land with the land formed on the loess. The dune ridges are less evolved soils, profile underdeveloped and poorly supplied with nutrients compared to those on the slopes of the dunes and the interdune, whose physical and chemical properties are more favorable to plant growth.Both Romanati Plain and the Blahnita (Mehedinti) Plain and Bailesti Plain, sand wind shaped covering a finer material, loamy sand and even loess (containing up to 26% clay), also rippled with negative effects in terms of overall drainage. Depending on the pedogenetic physical and geographical factors that have contributed to soil cover, in the researched were identified following classes of soils: protisols, cernisols, cambisols, luvisols, hidrisols and antrosols.Obtaining appropriate agricultural production requires some land improvement works (especially fitting for irrigation) and agropedoameliorative works. Particular attention should be paid to preventing and combating wind erosion.


Author(s):  
Jochen von Bernstorff

The chapter explores the notion of “community interests” with regard to the global “land-grab” phenomenon. Over the last decade, a dramatic increase of foreign investment in agricultural land could be observed. Bilateral investment treaties protect around 75 per cent of these large-scale land acquisitions, many of which came with associated social problems, such as displaced local populations and negative consequences for food security in Third World countries receiving these large-scale foreign investments. Hence, two potentially conflicting areas of international law are relevant in this context: Economic, social, and cultural rights and the principles of permanent sovereignty over natural resources and “food sovereignty” challenging large-scale investments on the one hand, and specific norms of international economic law stabilizing them on the other. The contribution discusses the usefulness of the concept of “community interests” in cases where the two colliding sets of norms are both considered to protect such interests.


World ◽  
2021 ◽  
Vol 2 (2) ◽  
pp. 216-230
Author(s):  
Justine Kyove ◽  
Katerina Streltsova ◽  
Ufuoma Odibo ◽  
Giuseppe T. Cirella

The impact of globalization on multinational enterprises was examined from the years 1980 to 2020. A scoping literature review was conducted for a total of 141 articles. Qualitative, quantitative, and mixed typologies were categorized and conclusions were drawn regarding the influence and performance (i.e., positive or negative effects) of globalization. Developed countries show more saturated markets than developing countries that favor developing country multinational enterprises to rely heavily on foreign sales for revenue growth. Developed country multinationals are likely to use more advanced factors of production to create revenue, whereas developing country multinationals are more likely to use less advanced forms. A number of common trends and issues showed corporate social responsibility, emerging markets, political issues, and economic matters as key to global market production. Recommendations signal a strong need for more research that addresses contributive effects in the different economies, starting with the emerging to the developed. Limitations of data availability and inconsistency posed a challenge for this review, yet the use of operationalization, techniques, and analyses from the business literature enabled this study to be an excellent starting point for additional work in the field.


Plants ◽  
2021 ◽  
Vol 10 (5) ◽  
pp. 835
Author(s):  
Jose Alvarez ◽  
Elvira Martinez ◽  
Belén Diezma

Hyperspectral imaging is an appropriate method to thoroughly investigate the microscopic structure of internally heterogeneous agro-food products. By using hyperspectral technology, identifying stress symptoms associated with salinity, before a human observer, is possible, and has obvious benefits. The objective of this paper was to prove the suitability of this technique for the analysis of Triticale seeds subjected to both magneto-priming and drought and salt stress conditions, in terms of image differences obtained among treatments. It is known that, on the one hand, drought and salt stress treatments have negative effects on seeds of almost all species, and on the other hand, magneto-priming enhances seed germination parameters. Thus, this study aimed to relate hyperspectral imaging values—neither positive nor negative in themselves—to the effects mentioned above. Two main conclusions were reached: Firstly, the hyperspectral application is a feasible method for exploring the Triticale structure and for making distinctions under different drought and salt stress treatments, in line with the data variability obtained. Secondly, the lower spectral reflectance in some treatments—in the 400–1000 nm segment—is the result of a great number of chemical compounds in the seed that could be related to magneto-priming.


2014 ◽  
Vol 5 (1) ◽  
pp. 25-33 ◽  
Author(s):  
Ákos Mojzes ◽  
Barnabás Tóth ◽  
Péter Csavajda

Abstract Since the beginning of the 20th century, logistics has undergone a huge technological development, which has, however, resulted in many negative effects as well. The industry, particularly in the packaging industry has been a massive waste producer, although recently it has forced the use of new materials and it started to focus on environmentally friendly technologies. During the transportation of finished and semi-finished Electrostatic Discharge (ESD) sensitive products, the product packaging system has a vital role. These kind of packaging materials must be suitable to both logistic (protection against mechanical and environmental stresses) and special ESD protection requirements. During the transportation of printed-circuit electronic products, ESD defense is then of primary significance. However there is a huge disadvantage for the use of various shield bags. Namely, this kind of associated packaging is particularly pollutant, it causes a lot of inconvenience in the form of waste. In order to rule out these materials from the packaging system, new innovative solutions have to be found. The investigated TPS (thermoplastic starch biodegradable foam) is subjected to a validation, a long process to certify that this material unites properties of two types of packaging materials at the same time. On the one hand, this packaging foam has to meet the requirements product defense. On the other hand, the material must be anti-static under the logistic stress effects. In case it is found suitable, it can be an alternative of the conventional materials. In this article, we investigate the ESD characteristic of TPS foam. As this material sensitive for environmental parameters during transportation, we make the relevant Surface Resistance (Rs) tests on different temperature and humidity conditions. Based on result, the decision of the application can be done, as an ESD packaging material.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Frank Bodendorf ◽  
Manuel Lutz ◽  
Stefan Michelberger ◽  
Joerg Franke

Purpose Cost transparency is of central importance to reach a consensus between supply chain partners. The purpose of this paper is to contribute to the instrument of cost analysis which supports the link between buyers and suppliers. Design/methodology/approach Based on a detailed literature review in the area of cost analysis and purchasing, intelligent decision support systems for cost estimation are identified. Subsequently, expert interviews are conducted to determine the application possibilities for managers. The application potential is derived from the synthesis of motivation, identified applications and challenges in the industry. Management recommendations are to be derived by bringing together scientific and practical approaches in the industry. Findings On the one hand, the results of this study show that machine learning (ML) is a complex technology that poses many challenges for cost and purchasing managers. On the other hand, ML methods, especially in combination with expert knowledge and other analytical methods, offer immense added value for cost analysis in purchasing. Originality/value Digital transformation allows to facilitate the cost calculation process in purchasing decisions. In this context, the application of ML approaches has gained increased attention. While such approaches can lead to high cost reductions on the side of both suppliers and buyers, an intelligent cost analysis is very demanding.


2014 ◽  
pp. 28-35
Author(s):  
Andrew Liang

China’s massive capital accumulation, economic ascent and wealth production has largely been the result of their rapid urbanization effort. While it is indisputable that the country has largely succeeded in its economic reform efforts given its status as the world’s second largest economy and in that process lifted hundreds of millions of its population out of poverty, it has also, in that process, created severe social inequality and friction. This essay largely argues that Chinese cities are purpose-built financial instruments for capital accumulation, a result of the forces of globalization which could only have happened in sync with the time and space of a global economy. Though highly successful, so far the process has marginalized the objective of social integration into its performative matrix indexing. In this regard China has pursued an exploitive model of market driven urbanization and the resultant morphological and spatial attributes of the Chinese cities, while having achieved spectacular results on many levels, are nevertheless disjunctive. They are commodities of generic sameness that are mass-produced and exhibit the same anesthetizing effects of the spectacle that are ever prevalent in today’s global market production process, product and place. Recognizing that globalization and capitalism are here to stay in the immediate future, it begs the question if China, while having already undertaken extreme economic reform experimentations allowing it to now bask in its temporal success, will be able to leverage its acquired market knowledge and wealth creation to prospectively overcome the incredibly complex challenge of creating equitable cities in the future — ones that balance the demands of capital production on the one hand and social equity on the other — or rather will it sink deeper into the “neoliberal modern society” that it has already become.


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