scholarly journals New Economy – an analysis of the competitiveness related to education of students and managers

2012 ◽  
Vol 50 (No. 8) ◽  
pp. 345-348
Author(s):  
A. Podolák

New Economy deals with competitiveness analysed by international comparative advantage of commodity and regional trade. According to New Economy we are forced to quantify the contribution of tradable goods and services into international competitiveness. New Economy shifts the current national competitiveness into a higher comparative advantage of comparable commodities of the world competitiveness. The methodology of calculation of domestic inputs and outputs is expanded by inputs and outputs of the comparable countries, integrated territories or also international agro-commodity trade.

2002 ◽  
Vol 8 (2) ◽  
pp. 207-230 ◽  
Author(s):  
Hanaa Fayed ◽  
John Fletcher

Economic activity is not only becoming more internationalized, but, more significantly, it is becoming increasingly globalized. Globalization is always regarded as the product of the liberalization that has been the hallmark of economic policy throughout the world during the past decade. It has also set in motion forces working to accelerate liberalization. One of the distinguishing features of trade at the end of the twentieth century and at the start of the new millennium has been the expansion of regional trade agreements and the multilateral agreements. The internationalization of services is at the core of today's economic globalization. Tourism has become one of the most important industries in the world, and its economic impacts are vital for many countries. It has long supported the idea of services agreements and has become a major component in the globalization of international trade, particularly with respect to services. There is no doubt that the World Trade Organization (WTO) and the General Agreement on Trade in Services (GATS) have assisted the growth of international trade in goods and services. However, the success of such instruments relies upon markets behaving in a Ricardian manner, incorporating the fluidity and transparency that form the substance of those markets.


JEJAK ◽  
2017 ◽  
Vol 10 (2) ◽  
pp. 289-301
Author(s):  
Firmansyah Firmansyah ◽  
Wahyu Widodo ◽  
Karsinah Karsinah ◽  
Shanty Oktavilia

The developments of the world trade requires the improvement of the competitiveness of products, including agricultural commodities. At the regional level, Indonesias agricultural commodities face the ASEAN free market competition. This study aims to identify and examine the competitiveness of Indonesian exports of several agricultural commodities in the international market by employing the index of competitiveness of trade specialization by trade specialization index (TSI), and the index of market penetration, by revealed comparative advantage (RCA). This study observed the HS 4 digit agricultural commodities, along 2011-2015. The study finds that the index of commodity trade specialization of estate crops sub-sector is in a stage of maturation of the world trade, or it has a very strong competitiveness. The food crops sub-sector stand on the introduction stage of the world trade or it has low competitiveness, or in other words, Indonesia is a net importer of the sector commodities. Although some of commodities have the strong competitiveness, but on the other hand, they do not have a strong comparative advantage. This is shown by the RCA value that less than 1. It means that a part of agricultural commodities, namely food crops, horticulture and estate, are still import oriented.The developments of the world trade requires the improvement of the competitiveness of products, including agricultural commodities. At the regional level, Indonesias agricultural commodities face the ASEAN free market competition. This study aims to identify and examine the competitiveness of Indonesian exports of several agricultural commodities in the international market by employing the index of competitiveness of trade specialization by trade specialization index (TSI), and the index of market penetration, by revealed comparative advantage (RCA). This study observed the HS 4 digit agricultural commodities, along 2011-2015. The study finds that the index of commodity trade specialization of estate crops sub-sector is in a stage of maturation of the world trade, or it has a very strong competitiveness. The food crops sub-sector stand on the introduction stage of the world trade or it has low competitiveness, or in other words, Indonesia is a net importer of the sector commodities. Although some of commodities have the strong competitiveness, but on the other hand, they do not have a strong comparative advantage. This is shown by the RCA value that less than 1. It means that a part of agricultural commodities, namely food crops, horticulture and estate, are still import oriented.


Author(s):  
Arun Kumar L.S

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.


Author(s):  
Viktoriya Bondarenko

The level of economic development of entrepreneurship in any country in the world is crucial in increasing the competitiveness of the national economy in the world market of goods and services. The activities of economic entities are the driving force for the sustainable development of regions and their suburban areas, and they also impact the welfare of population. The article dwells on the analysis of scientific approaches to the regulation of economic development of enterprises in suburban areas of the region. The article analyzes the scientific approaches to the regulation of economic development of enterprises in suburban areas of the region. According to the well-known classics of the fundamental economic theory of entrepreneurship development (A. Smith, D. Ricardo, V. Laungard, A. Loria) the peculiarities of economic development of entrepreneurship in suburban territories of the region are determined by the possibility of distribution of surplus production, minimum production costs per unit of production, availability of labor resources. In modern economic theory (M. Weber, A. Pre, S.M. Kimelberg, E. Williams, C. Vlachou, O. Iakovidou, J. van Dijk, P. Pellenbarg) the development of entrepreneurship in suburban areas of the region can be determined by institutional, innovation, technological, social, ecological and other features of the economy at the regional, state or world levels. The complex and comprehensive generalization of the features of economic development of entrepreneurship in suburban areas is proposed. There are (1) the type of decision taken by an enterprise to carry out business activities in the relevant suburban area of the region, and (2) the influence of internal and external factors on economic activity. The article argues that large enterprises are guided by more objective decision-making reasons, attaching the most importance to the physical and innovative environment. Medium and small enterprises are mainly focused on getting benefits for the entrepreneur in the short-term time period and location in the nearest geographic area. The attention was paid to the tools of ensuring economic development of entrepreneurship in suburban areas of the region, taking into account institutional changes in the national economy and the experience of developed countries of the world.


Author(s):  
Armando Martínez Ríos

ABSTRACTMexico lacks a scientific culture. Investigations and reports show that only has a record of 38 thousand scientific and 0.5% global of registered patents in the world. Communications and electronics engineering (ICE) is one of the three formations in the school of mechanical engineering and electrical (ESIME) unit Zacatenco from the Instituto Politécnico Nacional (IPN) Mexico. Among the objectives of this mentioned formation on its web site, is the form professionals with scientific and technological foundations; However, the curriculum includes only two subjects with these characteristics. Less than 1% of the graduates also choose to devote himself to scientific work. This paper shows the results obtained by means of a survey on the perception that students have about scientists in order to propose actions that foster a greater interest in them by the science and technology into their professional formation.RESUMENMéxico carece de una cultura científica ya que algunas encuestas muestran que solo se tiene un registro de 38 mil científicos y el 0.5% del total mundial de patentes registradas. Ingeniería en Comunicaciones y Electrónica (ICE) es una de las tres carreras de la Escuela Superior de Ingeniería Mecánica y Eléctrica (ESIME) unidad Zacatenco del Instituto Politécnico Nacional (IPN) México. Entre los objetivos de esta carrera mencionado en su sitio web, es el de formar profesionistas con fundamentos científicos y tecnológicos; sin embargo, el currículo, contempla solo dos asignaturas con estas características. Asimismo, menos del 1% de los egresados elige dedicarse a una labor científica. Este trabajo muestra los resultados obtenidos por medio de una encuesta sobre la percepción que los estudiantes tienen sobre los científicos con el fin de proponer acciones que fomenten un mayor interés en ellos por la ciencia y la tecnología dentro de su formación.


Author(s):  
Vladimir Yu. Salamatov ◽  
Nataliia M. Galkina

The article considers the global trend towards regional trade agreements (RTA). The authors note that in addition to the common bilateral RTAs, countries conclude multilateral regional trade agreements. In particular, the article examines changes in the world economy, which occur under the influence of the mega-regional trade agreements (MRTA) formation. An example of the MRTA is the Trans-Pacific Partnership Agreement (TPP) and its possible impact onRussiais discussed in the present article. The authors discuss the stages of TPP development, its goals, provisions, innovations and prospects. The article analyses an example of a country’s withdrawal from an agreement, its’ consequences and possible impact on the country itself and other signatory countries to the agreement. The article points out the differences between TPP and TPP-11. Inparticular, the article discusses the possible impact of the TPP-11 onRussia. Trade relations betweenRussiaand TPP-11 signatory countries are considered, and key markets among TPP-11 countries are identified. The article highlights the importance ofRussia's rapid response to the possible consequences of the TPP-11, including the possible conclusion of bilateral trade agreements between the EAEU, whereRussiais a member, and potential partners from TPP-11 countries.


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