scholarly journals Philosophical Arguments for Increased Aid to Developing Countries

2005 ◽  
Vol 1 ◽  
Author(s):  
Gabriel Scott Morris
Keyword(s):  
Developing Countries ◽  
Developing Country ◽  
Moral Obligation ◽  
World Economy ◽  
Developed Countries ◽  
Philosophical Inquiry ◽  
Analysis Techniques ◽  
The World ◽  
World Poverty ◽  
Practical Implications

The wealth disparity between developed and developing countries has resulted in widespread poverty and frequent support of terrorism in the developing world. However, developed countries have given only tenths of a percent of their respective gross national products recently to close this wealth gap. A better understanding of this situation requires a philosophical inquiry into the moral and practical implications of providing increased aid to developing countries. First, the author argues there is a moral obligation for people in developing countries to increase developing country aid. Second, the author argues that this increase in developing country aid will decrease the cumulative presence of world poverty and will improve the world economy. To emphasize these benefits, the author employs deontological and contemporary analysis techniques in the context of five potential objections to reinforce the need for increased developing country aid.

scholarly journals The position of developing countries in international trade

2004 ◽  
Vol 49 (162) ◽  
pp. 65-97
Author(s):  
Radovan Kovacevic
Keyword(s):  
Developing Countries ◽  
Developing Country ◽  
World Trade ◽  
Global Economy ◽  
World Economy ◽  
Substantial Reduction ◽  
Steady Increase ◽  
The World ◽  
Trade Growth ◽  
Dramatic Shift

Recent years have seen a substantial reduction in trade policy and other barriers inhibiting developing country participation in the world trade. Lower barriers have contributed to a dramatic shift in the pattern of developing country trade -away from dependence on commodity exports to much greater reliance on manufactures and services. In addition, exports to other developing countries have become much more important. These changes have profound implications for the role played by developing countries in the world economy and the trade system. Developing countries have become major players in the global economy. The outward-oriented strategies of many economies in emerging Asia have been reflected in high trade growth and a steady increase in their share in the world trade.

The Effect of 2008 Financial Crisis on the Distribution of Economic Power

2020 ◽  
Vol 57 (2) ◽  
pp. 87-110
Author(s):  
Manmohan Agarwal ◽  
Amrita Brahmo
Keyword(s):  
Developing Countries ◽  
Emerging Economies ◽  
World Economy ◽  
Developed Countries ◽  
Economic Power ◽  
2008 Financial Crisis ◽  
The World ◽  
Considerable Debate ◽  
The Usa ◽  
The Developed Countries

There has been considerable debate over whether the USA is losing its stronghold over the world economy and its power declining, giving way to new leadership from the emerging economies (EEs) like China. This article uses the notion of power based on the resources available to a state. It uses a number of measures to measure the resources available to a state and so assess economic power. It finds that there has been a slight decline in the importance of the developed countries and an increase in that of the developing countries (DCs). However, there is a slight decline in the power of the USA. The increase in the importance of developing countries is mainly on account of China. But the changes do not mean that developing countries can get the changes they desire. There is more of a stalemate.

scholarly journals Coronavirus pandemic and its impacts on the world’s economy

2020 ◽  
Vol 1 (4) ◽  
pp. 321-331
Author(s):  
Muhammad Suleman Nasir ◽  
◽  
Muhammad Qayyum Ahsan ◽  
Keyword(s):  
Developing Countries ◽  
Research Methodology ◽  
World Economy ◽  
Economic Effect ◽  
Developed Countries ◽  
Primary Sources ◽  
Original Material ◽  
Descriptive Research ◽  
The World ◽  
The Subject

Purpose: This study is about the coronavirus pandemic and its long-lasting impacts on the world economy. The study's main purpose is to highlight the adverse effects of the Coronavirus on the world's economy and how to mitigate it. Research Methodology: An analytical and descriptive research methodology was conducted to get findings and recommendations. Original material is obtained from primary sources. Information is also taken from books on websites and previous articles on the subject. Results: Precautions and impacts are presented, followed by the recommendations to diminish the effects of Coronavirus. Limitations: The impacts of Coronavirus are not limited to developing countries, but this study has given less focus to developed countries. Contribution: This study is helpful to understand the impacts and redefine the course of actions accordingly. Keywords: Covid-19, Symptoms, Precautions, Economic effect

scholarly journals Catch-up and Constraints in the Twentieth and Twenty-first Centuries

2019 ◽  
pp. 15-37
Author(s):  
Robert H. Wade
Keyword(s):  
Developing Countries ◽  
World Economy ◽  
Developed Countries ◽  
Neoclassical Economics ◽  
The World ◽  
Modern Business ◽  
Catch Up ◽  
Post War ◽  
Business Technology ◽  
Second World

Modern business technology appears to have become far more widely available than in the post-war decades; producers in many developing countries have entered into global or regional value chains as subordinate producers; and developing countries as a bloc have become far more integrated into the world economy than before. ‘Globalization’ theory, derived from neoclassical economics, presumes—with some qualifications—that these trends will yield a more equal world. Yet ‘catch-up’, in the sense of developing countries coming close to or entering the ranks of developed countries, is notable more for its absence in the seven decades since the Second World War than for its presence as a pattern in the world economy. This chapter tackles the question of why.

IMPACT OF NATIONAL DISASTER COVID-19, INDONESIA TOWARDS ECONOMIC RECESSION

2020 ◽  
Author(s):  
endang naryono
Keyword(s):  
Developing Countries ◽  
Economic Recession ◽  
Developed Countries ◽  
Social Distancing ◽  
Poor Countries ◽  
Corona Virus ◽  
The World ◽  
History Of ◽  
National Disaster

Covid-19 or the corona virus is a virus that has become a disaster and a global humanitarian disaster began in December 2019 in Wuhan province in China, April 2020 the spread of the corona virus has spread throughout the world making the greatest humanitarian disaster in the history of human civilization after the war world II, Already tens of thousands of people have died, millions of people have been infected with the conona virus from poor countries, developing countries to developed countries overwhelmed by this virus outbreak. Increasingly, the spread follows a series of measurements while patients who recover recover from a series of counts so that this epidemic becomes a very frightening disaster plus there is no drug or vaccine for this corona virus yet found, so that all countries implement strategies to reduce this spread from social distancing, phycal distancing to with a city or country lockdown.

A Decade of the World Trade Organization and the Trade Performance of Muslim Countries

2010 ◽  
Vol 27 (4) ◽  
pp. 23-44
Author(s):  
Ruzita Mohd. Amin
Keyword(s):  
Developing Countries ◽  
World Trade Organization ◽  
World Trade ◽  
Developed Countries ◽  
Playing Field ◽  
Muslim Countries ◽  
The World ◽  
The Developed Countries ◽  
Merchandise Trade ◽  
Wto Agreements

The World Trade Organization (WTO), established on 1 January 1995 as a successor to the General Agreement on Tariffs and Trade (GATT), has played an important role in promoting global free trade. The implementation of its agreements, however, has not been smooth and easy. In fact this has been particularly difficult for developing countries, since they are expected to be on a level playing field with the developed countries. After more than a decade of existence, it is worth looking at the WTO’s impact on developing countries, particularly Muslim countries. This paper focuses mainly on the performance of merchandise trade of Muslim countries after they joined the WTO. I first analyze their participation in world merchandise trade and highlight their trade characteristics in general. This is then followed by a short discussion on the implications of WTO agreements on Muslim countries and some recommendations on how to face this challenge.

How to do business in Brazil

2017 ◽  
Vol 33 (8) ◽  
pp. 36-38
Keyword(s):  
Developing Countries ◽  
Latin America ◽  
Design Methodology ◽  
Reading Time ◽  
Content Type ◽  
Business People ◽  
The World ◽  
Pertinent Information ◽  
Specific Culture ◽  
Practical Implications

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings It is said that Latin America is one of the hardest places in which to do business, and within Latin America as well as considering the differing challenges that Argentina or Columbia may present, Brazil is perhaps the most difficult place to go to in order to develop trade and commercial agreements. In addition to the different language as compared to the rest of the region, there is a very specific culture and life view that will be wholly alien to many business people, whether they are from developed or developing countries around the world. Practical implications The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

FORMATION OF INTERNATIONAL COMPETITIVENESS OF THE REGION ON THE BASIS OF THE INNOVATION AND INVESTMENT MODEL OF DEVELOPMENT IN CHINA

2017 ◽  
Author(s):  
Alina Lytvynenko ◽  
◽  
Elena Lytvynenko ◽  
Keyword(s):  
Developing Countries ◽  
Regional Integration ◽  
Negative Impact ◽  
Developed Countries ◽  
Investment Model ◽  
Modern China ◽  
Trade Relations ◽  
The World ◽  
Leading Position ◽  
Business Structures

The article discusses the key issues of achieving the goals of modernization, namely, China's interaction with the world economy. Chinese economists believe that the process of globalization cannot be stopped, but it can be radically changed and directed to the benefit of China's economy, most likely with the help of transnational corporations. The revitalization of integration processes among developing countries has been observed against the backdrop of the successful development of the Western European model of economic integration. In this way, integration first affected the sphere of production and then the sphere of mutual trade. The article substantiates the necessity and possibility of adaptation to the changing economic conditions and innovative development of business structures operating in international business and the proposal of specific schemes for their construction in accordance with the world markets requirements. Notice that, there is a change in the principles of regional integration development at the present stage. Developing countries are actively seeking to participate in integration processes, since the leading powers prefer to use territorial disputes in their foreign policy and there is a risk of potential threats from border states. For centuries, China has held the leading position in the world in terms of quality of life. However, modern China is not one of the developed countries in any of the established classifications, and therefore the current work explores the modernization theories of the economies of developing countries. The COVID-19 pandemic has had a negative impact on the entire world trade, production, trade and logistics chains have been destroyed, stock indices are declining, industrial production has been suspended, oil prices have collapsed, demand for goods is reorienting. Since China is the main trade partner of Ukraine and many Ukrainian enterprises are associated with the PRC by purchasing both goods or components for their production, it clearly will not affect our trade relations for the better.

POSTINDUSTRIALIZATION AND DEINDUSTRIALIZATION IN THE GLOBAL ECONOMY IN THE CONTEXT OF RUSSIA'S ECONOMIC SECURITY

2021 ◽  
Vol 5 (199) ◽  
pp. 9-17
Author(s):  
V.A. Noskov ◽  
Keyword(s):  
Developing Countries ◽  
National Security ◽  
Global Economy ◽  
Industrial Development ◽  
World Economy ◽  
Import Substitution ◽  
Economic Security ◽  
Regional Features ◽  
The World ◽  
Post Industrial

The purpose of the publication is to assess the world experience of post-industrial development and deindustrialization in the economies of both developed and developing countries. The importance of the crisis of the post-industrial paradigm for the development of the world economy, the application of this experience in the process of import substitution and the unfolding reindustrialization in Russia is noted. The analysis of the world experience of post-industrial development and deindustrialization of the economy, its macro-regional features is carried out in the context of maintaining and developing Russia's economic security. The author's understanding of the problems and prospects of the development of import substitution and reindustrialization processes in the world is proposed. Import substitution is considered as part of the strategy of economic development and ensuring the national security of the country. It is proposed to build recommendations for improving the policy of import substitution and reindustrialization carried out by Russia, taking into account the author's developments.

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