scholarly journals World seaborne trade in the 1990-2019 period and its perspective in COVID ERA

2020 ◽  
Vol XXIII (2) ◽  
pp. 108-117
Author(s):  
Bosneagu Romeo

In the period 1990-2019 the world economy grew and declined with good and bad periods, with smaller and stronger crises (such as the 2009 one), which seems to have not ended. Word seaborne trade, directly related to international world and merchandise trade followed their upward and downward trends, but with much higher amplitudes. The comparative analysis of global economic developments in 2005-2018 period shows a declining trend of all economic indicators, accentuated in the covid and post-covid 19 era.

2018 ◽  
Vol 74 (4) ◽  
pp. 402-419
Author(s):  
Krishnakumar S.

With Donald Trump as President of United States, multilateralism in the world economy is facing an unprecedented challenge. The international economic institutions that have evolved since the fifties are increasingly under the risk of being undermined. With the growing assertion of the emerging and developing economies in the international fora, United States is increasingly sceptical of its ability to maneuvre such institutions to suit its own purpose. This is particularly true with respect to WTO, based on “one country one vote” system. The tariff rate hikes initiated by the leader country in the recent past pose a serious challenge to the multilateral trading system. The paper tries to undertake a critical overview of the US pre-occupation of targeting economies on the basis of the bilateral merchandise trade surpluses of countries, through the trade legislations like Omnibus Act and Trade Facilitation Act. These legislations not only ignore the growing share of the United States in the growing invisibles trade in the world economy, but also read too much into the bilateral trade surpluses of economies with United States and the intervention done by them in the foreign exchange market.


2013 ◽  
Vol 59 (No. 4) ◽  
pp. 183-193 ◽  
Author(s):  
L. Smutka ◽  
J. Burianová

World trade underwent a significant shock within the recent years, which caused a decline in the world economy primarily in the year 2009. Within the following years (2010 and 2011), the high rate of growth from the years preceding the crisis could not be restored. The crisis had an impact on all segments of the merchandise trade, whereby the trade in agricultural and food products was affected the least by the crisis. In the case of the Czech Republic, the crisis of the global and national economy was reflected in the case of agricultural trade primarily by the way of a decline in the rate of the growth of export, which was very high in the period prior to the crisis. As far as the territorial structure and commodity structure of agricultural trade is concerned, their development in the years 2008–2011 was not affected in any largely significant manner. In relation to the main objective of this article, which was to identify the effects of the crisis on the competitiveness of Czech agricultural trade, it may be stated that the crisis itself did not worsen the competitiveness of agricultural trade in any significant manner.  


2020 ◽  
pp. 134-142
Author(s):  
A. V. Komarov ◽  
V. M. Martyukova

Neo-banking as one of the most important directions of development of modern financial technologies has been considered. The aim of the paper is to study the fundamental prerequisites, advantages and prospects of neobanking development in the Russian Federation. By the methods of retrospection, analysis, comparison and graphical research, characteristics of foreign and domestic neobanks, such as: Tinkoff Bank, Rocketbank, Touch Bank, Tochka have been given and also their detailed comparative analysis with traditional banking institutions is carried out. Based on the results of the study, the conclusion about the dominant role of neobanking in terms of the modern digital transformation of the world economy has been made.


2021 ◽  
Vol 748 (1) ◽  
pp. 012040
Author(s):  
Ulfa Indah Laela Rahmah ◽  
Lili Adam Yuliandri

Abstract The Coronavirus that is present in society in 2020 is attracting attention. The visible impact does not only affect public health but also affects the country’s economy. Even today the world economy is under heavy pressure due to this virus. The topic this time will discuss the global impact of the presence of the coronavirus or its scientific name is referred to as COVID-19. The research method used is descriptive qualitative by describing the phenomena and existing literature. The results of this study indicate that seeing economic developments and influences is not limited to the scope of the economy itself. However, the economy can also be affected by culture and health. This is evidenced by the spread of the Coronavirus which has harmed the world economy.


Vestnik NSUEM ◽  
2022 ◽  
pp. 67-79
Author(s):  
T. V. Sumskaya

The paper gives a characteristic of a complex project for the development of the territory of Aerotropolis Tolmachevo, provides forecast estimates of the necessary capital expenditures for its implementation. In the course of the study, the advantages of placing business facilities in the airport zone for the main economic entities were identified, an assessment of the most important economic indicators of the Aerotropolis zone is given. The most important conditions for the implementation of the project have been formulated. It is concluded that the implementation of the complex project Aerotropolis Tolmachevo will become an important step in the spatial development of Russia, cementing its economic space and increasing its competitive position in the world economy.


Author(s):  
Başak Ergüder

In this study, it is aimed to examine the relationship between the capitalist state and, institutions that affected Turkey's financial integration with the capitalist global economy in the context of a comparative analysis. In the study, the Ottoman Public Debt Administration (OPDA) which was effective during the process of the integration of the Ottoman state into the world capitalism in the First Globalization Phase (1870-1914) is analyzed by comparison with the General Directorate of Borrowing. The General Directorate of Borrowing is also called as the post-modern Düyun-u Umumiye because of its organizational structure. The common feature of the Ottoman Public Debt Administration and the General Directorate of Borrowing is that both were established after the financial crises. In this study, General Directorate of Borrowing will be evaluated in terms of global economic developments and prospects and, within an analysis in comparison with the Ottoman Public Debt Administration.


2003 ◽  
pp. 45-60
Author(s):  
V. Kudrov

The author analyses the forecast of the world economy performance provided in the early 1970s by the UN group of experts under W. Leontief leadership and compares it with contemporary world economic indicators. The conclusion is that the forecast was too optimistic: the world economy didn't manage to reach the suggested rates of economic growth. Russia and other transition economies suffered of great recession in the 1990s but now are stepping on the path of economic growth based on integration in the globalized world economy. One of the main factors of achieving that goal is WTO accession.


Author(s):  
Tolkun Zhumakunova

Since the second half of the 20th century tourism has become one of the fast developing and expanding sectors in the world economy. The tourism sector plays an important role in alleviating issues related with the balance of payments, reducing unemployment, creating tax incomes and contributing to economic developments by providing a large foreign exchange inflow to the country, therefore, we can say that this sector has larger impact on economic growth than other sectors. As it is in developing and underdeveloped countries, in Kyrgyzstan the tourism industry is one of the most important sectors in the economy. The tourism sector in Kyrgyzstan plays an important role in in economic development by reducing the level of unemployment and generating the income by providing mass foreign exchange inflow to the country. In this context the aim of this paper is to analyze the role and importance of tourism in Kyrgyzstan’s economy by using methods of statistical analysis. The results show that the total number of tourists coming to Kyrgyzstan, thus the tourism revenues increased. In other words, when tourism revenues increase, this fosters economic development, by receiving a larger share of tourism revenues. In this study, the literature review method was used.


1999 ◽  
Vol 167 ◽  
pp. 35-40 ◽  
Author(s):  
Nigel Pain

The world economy continues to face strong deflationary pressures at the present time. Whilst growth has remained above trend levels in North America, the Japanese economy has sunk further into recession, and there are increasing signs of an economic slowdown in Europe. Overall we expect GDP growth in the OECD economies to slow to around 1.8 per cent this year, from an estimated 2.4 per cent in 1998. Global demand as a whole remains relatively weak, with the growth in the volume of world merchandise trade estimated to have halved last year to around 5 per cent and projected to fall further to between 4-4½ per cent this year. Trade in Asia is estimated to have declined by 7½ per cent last year, with potentially serious consequences for growth prospects in economies such as China, Hong Kong and Singapore that have become increasingly affected by the regional economic downturn.


1990 ◽  
Vol 132 ◽  
pp. 25-47 ◽  
Author(s):  
R.J. Barrell ◽  
Andrew Gurney ◽  
Stephen Dulake

In the last six months political and economic developments in Europe have moved very rapidly. The democratisation of the East has been quite remarkable, and much heralded, but the change in the political agenda in the West has been almost as important, although much quieter. The drive toward European Monetary Union seems to have speeded up, although there are many important issues still to be settled.


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