scholarly journals Compassionate Capitalism - The Pursuit of Equal Income Distribution

2017 ◽  
Vol 2 (4) ◽  
pp. 70
Author(s):  
Rebeca Rodríguez Minor
Keyword(s):  
Income Distribution ◽  
World Economy ◽  
Capitalist System ◽  
Global System ◽  
Economic Disparity ◽  
Mass Migration ◽  
The World ◽  
The Common ◽  
Equal Income ◽  
Near Future

During the last decades, the great weaknesses of capitalism have flourished. Inequality of income distribution has worsened painfully, the gap between rich and poor widens more and more every day, and just a few lucky entrepreneurs in the world are able to enjoy the capital benefits of the global system. Hunger, poverty, demographic explosion, ageing, and unbridled mass migration, among other factors, have become critical social dilemmas directly related to capitalist deviations, all of which cause us to foresee a chaotic world scenario in the near future. The numbers shown in this article confirm that the world’s economic disparity, instead of diminishing, is increasing at an alarming rate. Unfortunately, since the world economy completely depends on capitalism, this system is still extremely powerful and influential in global decision-making, thus further aggravating economic disparity. Therefore, as it is not possible to avoid the capitalist system, we will make proposals that are feasible for implementing within the current capitalist tendencies in order to alleviate global imbalance. Compassionate Capitalism is an alternative that promotes flexibilization of the system in order to make it more sustainable. It seeks to diminish corporate control over the economy and markets by regaining the State’s economic intervention so that profits are fairly redistributed for the common welfare. The information used for the study is based on the most recent international reports and global circumstances of the topics in question.

COMPREHENSIVE AND PROGRESSIVE AGREEMENT FOR TRANS – PACIFIC PARTNERSHIP (TPP – 11): PAST, PRESENT AND FUTURE?

2019 ◽  
pp. 5-18
Author(s):  
Vladimir Yu. Salamatov ◽  
Nataliia M. Galkina
Keyword(s):  
World Economy ◽  
Bilateral Trade ◽  
Trade Agreements ◽  
Regional Trade Agreements ◽  
Regional Trade ◽  
Trade Relations ◽  
Global Trend ◽  
The World ◽  
The Common ◽  
Partnership Agreement

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.

scholarly journals Coronavirus: A Scientometric Study with Special Reference to Web of Science

2020 ◽  
Vol 8 (1) ◽  
pp. 213-217
Author(s):  
L Radha
Keyword(s):  
Special Reference ◽  
World Economy ◽  
Web Of Science ◽  
Research Output ◽  
Scientific Publication ◽  
Research Publication ◽  
The World ◽  
The Common ◽  
Scientometric Study ◽  
The Web

Scientometrics study is one of the most efficient methods of quantitative evaluation of the scientific publication. Coronaviruses are one of the common viruses affect the human and animals some time. There is 7 type of corona already in existence, but the recent Coronavirus called novel corona (Covid19) which spreads among human rapidly. This study is to know the recent research publication of Coronavirus from the web of science, especially after December 2019, where the real spreads started and impact the world economy due to lock down. The data for this study is retrieved from the web of science for the year of 2018, 2019, and 2020 (till March). This study is an attempt to know the publication pattern, year-wise growth of publications, country-wise research output, and top-cited paper. Also, this paper is focusing on the research output of China and Wuhan University in the publications and the Wuhan University’s participation in this research publication during the period.

scholarly journals G20 in the Second Decade of the 21st Century.Steering the World Towards Inclusive Growthand Sustainable Development

2021 ◽  
Vol 16 (2) ◽  
pp. 7-14
Author(s):  
Svetlana Lukash ◽  
Keyword(s):  
Sustainable Development ◽  
International Cooperation ◽  
World Economy ◽  
Large Scale ◽  
Inclusive Growth ◽  
World Community ◽  
Global Challenge ◽  
Global Institutions ◽  
The World ◽  
Near Future

In 2020, the world community, states and citizens faced the serious global challenge. The COVID-19 pandemic jeopardized the implementation of the goals of sustainable development and inclusive growth, and has become a major challenge for the international cooperation and the action of global institutions. Being the main platform for cooperation among the world's leading economies, the G20 is often criticized for its inability to effectively withstand crises. However, as shown in this article, the G20 managed to quickly implement a coordinated set of large-scale measures to overcome the pandemic and its consequences and become a coordinator of anti-crisis actions. The author concludes that the unique characteristics of the G20 will allow it to remain the flagship of international efforts to ensure strong, sustainable, balanced and inclusive growth of the world economy, and suggests a number of priorities for the implementation of which the G20 agenda should be aimed at in the near future.

scholarly journals The utopian challenge to global capitalism by Walter van den Broeck in Terug naar Walden

Literator ◽  
2012 ◽  
Vol 33 (2) ◽  
Author(s):  
Andries Visagie
Keyword(s):  
United States ◽  
Global Financial Crisis ◽  
The United States ◽  
Global Capitalism ◽  
Capitalist System ◽  
The People ◽  
Country Road ◽  
The World ◽  
The Common ◽  
Antonio Negri

The socialist sympathies that inform the writing of Flemish author Walter van den Broeck align him with a well-established tradition of socially engaged writing in Flanders. In his novel Terug naar Walden (Back to Walden), published in 2009, he revisits the Walden project of the Dutch reformer and writer Frederik van Eeden (1860−1932). Van den Broeck suggests that a reconsideration of the socialist ideals that inspired Van Eeden to establish settlements in the Netherlands and the United States is warranted in the light of the economic crisis triggered by unchecked capitalist practices in 2008. In Terug naar Walden Ruler Marsh, the richest man in the world, unleashes a global financial crisis as a form of retaliation against the capitalist system that ruined his parents. Marsh returns to the Kempen in Flanders where his family originated. In a Heideggerean affirmation of the local as exemplified by the country road, Van den Broeck articulates his vision of the common, that theorists Michael Hardt and Antonio Negri in their Empire trilogy have attempted to salvage from communist thinking, with a utopian notion that a stronger connection with the land and the people within one’s immediate environment may provide a useful premise for the development of viable alternatives to capitalism.

Problems for the introduction of digital (internet) trade in the EAEU member states

2020 ◽  
pp. 26-32
Author(s):  
P. Alekseev
Keyword(s):  
World Economy ◽  
Regulatory Framework ◽  
Successful Development ◽  
Goods And Services ◽  
Payment Methods ◽  
The World ◽  
Digital Commerce ◽  
The Common ◽  
Further Development ◽  
Digital Channels

One of the fast-growing segments of the world economy is the digital (internet) trade in goods and services, which in the future can become an important driver for the development of the common market of goods and services of the EAEU, as well as a tool for ensuring the successful development of the Union. The article indicates that the further development of digital commerce in the EAEU is constrained by a number of problems, including fragmentation of legislation and the lack of specialized strategies in the EAEU countries; rigidity of approaches to the sale of certain types of goods through digital channels in the EAEU; insuffi cient development of special regulation of new payment methods. In this regard, the article indicates the need to form a single regulatory framework for regulating the digital economy in the EAEU, as well as developing and improving the regulatory framework in Russia and other EAEU countries that regulates electronic commerce.

At Threshold of Restless World: Modern Epoch and Recessionary Seventies

2010 ◽  
pp. 3-9
Author(s):  
A. Dynkin ◽  
V. Pantin
Keyword(s):  
International Relations ◽  
World Economy ◽  
New Technologies ◽  
Foreseeable Future ◽  
Demographic Trends ◽  
Political Conflicts ◽  
Mass Migration ◽  
The World ◽  
Global Leader ◽  
The U.S

The 2008–2009 global financial and economic crisis was a result of the global balance disturbance in world economy and international relations. The global leader – the U.S. has been weakened, but temporarily. As long as there is no serious alternative candidate, American domination will continue. In the foreseeable future, the world is likely to face plenty of economic upheavals and political conflicts linked to the development of new technologies, the asymmetry of demographic trends in various regions resulting in mass migration, climate change and environmental problems including scarcity of fresh water. One of the major new trends is globalization, and no single nation, however powerful, is capable of managing it.

The Relationship between Globalization and Income Inequality in South Africa

2018 ◽  
Vol 13 (4) ◽  
pp. 223-249
Author(s):  
Oluwasheyi Oladipo
Keyword(s):  
South Africa ◽  
Income Inequality ◽  
Income Distribution ◽  
Strong Evidence ◽  
World Economy ◽  
The World ◽  
Using Data ◽  
The Relationship

 The wave of globalization is having far-reaching implications for the economic wellbeing of citizens in all regions and among all income groups. Using data from 1994q1 to 2012q4, the paper investigates the relationship between globalization and income inequality in South Africa. We find no evidence that globalization might have deepened income inequality in South Africa, particularly in the provinces. Rather, the paper found strong evidence indicating that income distribution is improving, and has become more so, in provinces that have stronger links to the world economy. Strengthening those links appears to result in reductions in inequality. 

Capital and the Common Good

2017 ◽  
Author(s):  
Georgia Levenson Keohane
Keyword(s):  
Affordable Housing ◽  
Financial Services ◽  
Common Good ◽  
Market Failure ◽  
Political Conflict ◽  
Development Aid ◽  
The Common Good ◽  
Mass Migration ◽  
The World ◽  
The Common

Despite social and economic advances around the world, poverty and disease persist, exacerbated by the mounting challenges of climate change, natural disasters, political conflict, mass migration, and economic inequality. While governments commit to addressing these challenges, traditional public and philanthropic dollars are not enough. Here, innovative finance has shown a way forward: by borrowing techniques from the world of finance, we can raise capital for social investments today. Innovative finance has provided polio vaccines to children in the DRC, crop insurance to farmers in India, pay-as-you-go solar electricity to Kenyans, and affordable housing and transportation to New Yorkers. It has helped governmental, commercial, and philanthropic resources meet the needs of the poor and underserved and build a more sustainable and inclusive prosperity. Capital and the Common Good shows how market failure in one context can be solved with market solutions from another: an expert in securitization bundles future development aid into bonds to pay for vaccines today; an entrepreneur turns a mobile phone into an array of financial services for the unbanked; and policy makers adapt pay-for-success models from the world of infrastructure to human services like early childhood education, maternal health, and job training. Revisiting the successes and missteps of these efforts, Georgia Levenson Keohane argues that innovative finance is as much about incentives and sound decision-making as it is about money. When it works, innovative finance gives us the tools, motivation, and security to invest in our shared future.

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