Center-Periphery Relations for the Half Century: Basic Trends of Changes

Author(s):  
V. Khoros

For the last half-a-century important changes are taking place in the process of globalization, as the countries belonging to the Center are entering the post-industrial stage. The transfer of some industrial production from the post-industrial North (West) to the South (East) is creating not just new elements of interdependence, but new forms of the Periphery’s dependence on the Center. The disproportional growth of finance and the dominance of financial institutions in the world economy have resulted in a number of serious crises in Asia and Latin America, as well as similar events on a global scale.

2008 ◽  
Vol 9 (9) ◽  
pp. 21-32
Author(s):  
Irina Rodionova ◽  
Aleksandr Sholudko

The Transformation of Labour and Employment in Post-Industrial Society The article is devoted to the analysis of the transformation of labour and employment in post-industrial society. Allocation shifts in industrial production have become characteristic features of the world economy. The structure of employment has also transformed in new conditions of world development.


2021 ◽  
Vol 5 (199) ◽  
pp. 9-17
Author(s):  
V.A. Noskov ◽  

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.


1984 ◽  
Vol 16 (1) ◽  
pp. 27-49 ◽  
Author(s):  
Catherine LeGrand

Exporters of raw materials under Iberian rule, the nations of Latin America continued to perform a similar role in the world economy after Independence. In the nineteenth century, however, a significant shift occurred in the kind of materials exported. Whereas in colonial times the great wealth of Latin America lay in her mineral resources, particularly silver and gold, aster 1850 agricultural production for foreign markets took on larger importance. The export of foodstuffs was not a new phenomenon, but in the nineteenth century the growth in consumer demand in the industrializing nations and the developing revolution in. transport much enhanced the incentives for Latin Americans who would produce coffee, wheat, cattle, or bananas for overseas markets.


1983 ◽  
Vol 106 ◽  
pp. 26-38

The recovery in the OECD area gathered pace in the second quarter, when its total GDP probably increased by as much as 1 per cent. The rise was, however, heavily concentrated in North America and particularly the US. There may well have been a slight fall in Western Europe, where the level of industrial production hardly changed and increases in gross product in West Germany and, to a minor extent, in France were outweighed by falls in Italy and (according to the expenditure measure) the UK.


1978 ◽  
Vol 20 (3) ◽  
pp. 321-339
Author(s):  
Aldo Ferrer

Since 1973 most of the Latin American countries have experienced deterioration in their balance of payments due to the economic recession in the industrial countries and the oil price increases. The consequent adjustment process has called for stricter regulation of domestic demand and new advances in import substitution. Adjustment was less painful due to access to private financing in the international capital markets which, however, produced a sharp increase in the external debt.This article does not propose to review the recent patterns of external payments, already extensively analyzed in the periodic reports of the UN Economic Commission for Latin America, the International Monetary Fund, and in other studies. Rather, it will attempt to emphasize some long-term changes in the world economy and in Latin America that influence the international participation of the region. It is in this context that the adjustment process of the balance of payments and the external debt should be evaluated.


2020 ◽  
Vol 10 (10) ◽  
pp. 2491-2498
Author(s):  
L.V. Abdrakhmanova ◽  
◽  
E.S. Shchigortsova ◽  

The article analyzes the consequences of the spread of coronavirus infection on the world economy. The high degree of infection and the rapid spread of COVID-19 caused the quarantine of certain cities and regions of the world, and since March 2020, the borders between the countries have been completely closed. This situation, naturally, could not but affect the global economic activity. The crisis caused by the pandemic has led to the fact that the leaders of the countries were forced to first of all pay attention to health problems and seriously reduce funding in other sectors of the economy. The forced self-isolation regime of the population affected all spheres of life, without exception, large and medium, and, especially, small business suffered. The sectors of the economy most affected by the coronavirus pandemic include: air and road transportation, the leisure and entertainment industry, fitness and sports, tourism, hospitality, catering, the education system, the organization of conferences and exhibitions, the provision of personal services to the population, dentistry, retail trade in non-food products, the media and the production of printed materials, etc. Statistical data on the number of cases of new coronavirus infection by country (as well as those who recovered and died from it) are today not so much of a medical nature as evidence of a deepening global economic crisis. The decline in production volumes on a global scale entails a reduction in the global consumption of most types of industrial raw materials and energy carriers. According to analysts’ forecasts, the possibility of a quick return to the previous economic activity is not foreseen, negative processes may continue for the next several years. The COVID-19 pandemic is a serious test of the readiness of the world economy to effectively resolve global problems, overcome the negative consequences of the spread of the virus and focus on those positive opportunities, the development of which can lead to economic growth in the long term. One of these promising areas of economic development is the further digitalization of society, the development of new digital technologies.


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