scholarly journals RATINGS AND PROJECTIONS OF U.S . ECONOMIC RECOVERY

2021 ◽  
Vol 7 (1) ◽  
pp. 27-35
Author(s):  
E. V. Emelianov
Keyword(s):  
Economic Development ◽  
International Trade ◽  
Great Britain ◽  
Gross Domestic Product ◽  
Unemployment Rate ◽  
Economic Recovery ◽  
Economic Activities ◽  
Trade Show ◽  
Rapid Spread ◽  
The Us

The  forecasts  of  the  economic  development  for  the  next  years  vary  among  countries  and projections  depend greatly on how long the pandemic and social distancing will take place and on  the  measures  that  are  taken  place  for  increasing  social  and  economic activities,  commerce. Meanwhile ratings of US leadership are declining, with the worst results in Europe.  The rapid spread  of  the  virus  that  causes  COVID-19  made  US  leading  country  in  confirmed  cases  and created a new reality for the national economy. As to the US the fall of real gross domestic product in 2020 is expected around the average of OECD countries, more than in Japan; less than in in Great  Britain,  Italy,  France.  Unemployment  rate  is  projected  going  down  in 2021 (comparing with 2020) but remaining still high. Experts are examining possible outcomes of coronavirus  spreading  and  its  consequences  for  the  dynamics  of  GDP,  unemployment, international trade and world investment. The projections seem not very bright for the next year; and  it  will  take  time  for  returning  to  pre  pandemic  indicators.  While  forecasts  of  declining international trade show  the fall in world merchandise exports would be large, the estimates show beginning growth in exports next year.

Non-standard functions and structures of ministries of finance under economic challenges: A case study of Western governments

2020 ◽  
Vol 26 (11) ◽  
pp. 2448-2471
Author(s):  
S.V. Anureev
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Comparative Analysis ◽  
Great Britain ◽  
Central Banks ◽  
Economic Recovery ◽  
Budget Process

Subject. This article examines the functions and management structures of central financial bodies and related parliamentary and governmental structures in Australia, Canada, Great Britain, Japan, Germany, France and Italy. Objectives. The article aims to identify non-standard functions and structures that go beyond the classical responsibility of finance ministries as a central part of the budget process arising from current economic challenges. Methods. For the study, I used a comparative analysis. Results. The article describes the important new functions of financial authorities and treasuries of Western governments aimed at economic growth and economic recovery. Conclusions. The organizational and management structures and functions of the ministries of finance go far beyond the budget process, overlap with and dominate the functions of central banks and ministries of economic development.

Special Features of the Socioeconomic Development of Japan During the Bakumatsu Transition Period (1853–1868)

2018 ◽  
Vol 2018 (2) ◽  
pp. 3-20
Author(s):  
Dmitrij Platonov ◽  
Olesya Emelyanova
Keyword(s):  
Economic Development ◽  
International Trade ◽  
Socioeconomic Development ◽  
Transition Period ◽  
Economic Recovery ◽  
Military Government ◽  
Comprehensive Review ◽  
The Social ◽  
Wide Range ◽  
Tokugawa Period

In Russian historiography there are few articles investigating the problem of Japan’s economic development during the Tokugawa period from 1602 to 1867. However, both the Russian and Western researchers covering the long Tokugawa period of more than 250 years, paid little attention to the bakumatsu period from 1853 to 1868. In terms of political history, the bakumatsu years are significant for the ending of the Tokugawa’s military government. However, from the economic viewpoint, a wide range of problems had accumulated and they became more evident due to the opening of the Japanese market for international trade. This caused dramatic changes in the country’s economic development trends. This article presents a comprehensive review of the social and economic characteristics of Japan’s development during the bakumatsu period that triggered Japan’s economic recovery and entailed industrialization in the country.

scholarly journals APLIKASI ERROR CORRECTION MECHANISM DALAM ANALISIS DAMPAK PERTUMBUHAN EKONOMI, KONSUMSI ENERGI DAN PERDAGANGAN INTERNASIONAL TERHADAP EMISI CO2 DI INDONESIA

2020 ◽  
Vol 13 (1) ◽  
pp. 104-115
Author(s):  
Fitri Kartiasih ◽  
Adi Setiawan
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
International Trade ◽  
Error Correction ◽  
Co2 Emissions ◽  
Energy Use ◽  
Kuznets Curve ◽  
Ekc Hypothesis ◽  
Economic Activities ◽  
Error Correction Mechanism

Economic development is an effort to improve people's lives. However, economic development has negative externalities. Emissions generated from economic activities can pollute the environment. This study purpose to determine the relationship between economic growth and CO2 emissions based on the Environment Kuznets Curve (EKC) hypothesis and analyze the influence of energy use, economic growth and international trade on CO2 emissions in Indonesia in the period 1977-2014 using Error Correction Mechanism (ECM) analysis. The results showed that the EKC hypothesis does not apply in Indonesia, meaning that economic development carried out during the research period still pursues increased income without regard to environmental quality so that increased per capita income is accompanied by increase in CO2 emissions. Based on econometric analysis of ECM, it shows that the variables of energy use, economic growth and international trade have a statistically significant effect on CO2 emissions in Indonesia in the long run. In the short term, economic growth, and error correction terms have a statistically significant effect while the variables of energy consumption and international trade do not have a statistical effect on CO2 emissions in Indonesia.

scholarly journals INFLUENCE OF TOURISM ON GROSS DOMESTIC PRODUCT (ON THE EXAMPLE OF OIL PRODUCING COUNTRIES)

2021 ◽  
Vol 31 (3) ◽  
pp. 371-379
Author(s):  
E.V. Kutyashova ◽  
O.E. Danilin
Keyword(s):  
Economic Development ◽  
Gross Domestic Product ◽  
Raw Materials ◽  
Domestic Product ◽  
Economic Activities ◽  
Economic Sectors ◽  
Average Growth ◽  
Level Of Economic Development ◽  
National Economies ◽  
The Impact

The article is devoted to the peculiarities of the economic development of oil-producing countries, the impact of tourism on the economy of energy exporting countries and the formation of gross domestic product. The high dependence of oil-producing countries on the export of raw materials, fluctuations in the world oil market and awareness of the limited resources require a policy of diversification of national economies. Overcoming the dependence of the economy on a narrow range of economic activities, countries choose rapidly developing economic sectors that provide investment inflows, high export earnings and job creation. One such sector is tourism and travel. Within the framework of the study, countries with a high degree of dependence on energy exports were identified and grouped according to the level of economic development. To identify the role of tourism in the formation of the gross domestic product and the development of oil-producing countries, the average growth rates of the gross domestic product, the contribution of tourism to GDP, and investment in tourism were calculated for the period from 2010 to 2019. The countries that have chosen tourism as the direction of economic diversification are highlighted. An assessment of the impact of tourism on the rates of development of national economies of oil-producing countries is given.

scholarly journals Models With Varying Parameters as A Tool to Classify Polish Voivodships in 2002-2008

2010 ◽  
Vol 9 (1) ◽  
pp. 139-150
Author(s):  
Barbara Batóg ◽  
Katarzyna Wawrzyniak
Keyword(s):  
Economic Development ◽  
Panel Data ◽  
Gross Domestic Product ◽  
Unemployment Rate ◽  
Similar Pattern ◽  
Domestic Product ◽  
Panel Data Models ◽  
Varying Parameters ◽  
Level Of Economic Development ◽  
Per Capita

Models With Varying Parameters as A Tool to Classify Polish Voivodships in 2002-2008 One of the often used measures of economic development is gross domestic product per capita. In Poland the Main Statistical Office collects the data on this variable on several levels of aggregation. The paper shows the application of panel data models in order to classify Polish voivodships according to the level of economic development. As explained variable the regional GDP per capita was used and such variables as structure of employees, unemployment rate or retail sales per capita were the explaining variables. As a result the groups of voivodships with similar pattern of economic development were distinguished.

scholarly journals Understanding of International Trade and its Importance

10.3846/141 ◽  
2011 ◽  
Vol 1 (3) ◽  
pp. 5-8 ◽  
Author(s):  
Aurelija Burinskienė
Keyword(s):  
United States ◽  
European Union ◽  
Economic Development ◽  
International Trade ◽  
Gross Domestic Product ◽  
Domestic Product

The study deals with international trade and its importance. In this paper, the tendencies of international trade are presented, the importance of international trade to economic development is overviewed; the increase rates of international trade and gross domestic product in European Union, United States and China are compared. The paper also deals with international trade in different countries, and in Lithuania as well, with international trade perspectives in 2010.

Russian Banking System under Conditions of Global Crisis

2009 ◽  
pp. 4-14 ◽  
Author(s):  
G. Gref ◽  
K. Yudaeva
Keyword(s):  
Banking System ◽  
Commodity Prices ◽  
Financial Sector ◽  
Banking Crises ◽  
Economic Recovery ◽  
Balance Sheets ◽  
Current Economic Crisis ◽  
Risk Appetite ◽  
The Us ◽  
The Face

Problems in the financial sector were at the core of the current economic crisis. Therefore, economic recovery will only become sustainable after taking care of the major weaknesses in the financial sector. This conclusion is relevant both for the US and UK - the two countries where crisis has started, and for other economies which financial institutions turned out to be fragile in the face of the swings in the risk appetite. Russia is one of the countries where the crisis has revealed serious deficiency in the financial sector. Our study of 11 banking crises during the last 25-30 years shows that sustainable economic recovery and decrease in the dependence on commodity prices will be virtually impossible without cleaning of balance sheets and capitalization of the financial sector.

PENGARUH PENANAMAN MODAL ASING, PERDAGANGAN INTERNASIONAL, GDP PER KAPITA, SEKTOR PERTANIAN, DAN URBANISASI TERHADAP PENDUDUK BEKERJA DI INDONESIA

2017 ◽  
Vol 21 (2) ◽  
pp. 85-95
Author(s):  
John Marcell Rumondor
Keyword(s):  
International Trade ◽  
Gross Domestic Product ◽  
Foreign Investment ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Least Square ◽  
Domestic Product ◽  
Working Population ◽  
Ordinary Least Square ◽  
Per Capita

This research aims to understand the influenceof foreign investment, international trade, Gross Domestic Product per capita, agriculture and urbanization of the working population. Country used as an object in this research is Indonesia. This research uses the method of analysis Ordinary Least Square (OLS) and the multiple linear regression analysis method. Research period are from 1997 – 2012. The results showed that the international trade, Gross Domestic Product per capita, agriculture and urbanization have significantpositive influenceon the population work in Indonesia, but foreign investment has no significanteffect on the working population in Indonesia.

DEVELOPMENT OF THE WORLD MARKET OF SERVICES IN TURBULENCE CONDITIONS AND CHANGES

2017 ◽  
Author(s):  
Larysa Nosach ◽  
◽  
Victoria Morgun ◽  
Keyword(s):  
Economic Development ◽  
International Trade ◽  
Service Sector ◽  
World Market ◽  
Global Dimension ◽  
Trade In Services ◽  
Current State ◽  
The World

The author's research of the current state and features of the development of the world market for services in conditions of turbulence of world processes was carried; the world leaders of the service sector in the global dimension and leaders of the most dynamic articles of service categories were identified; the share of world exports of services by countries by the level of their economic development was justified; weaknesses in the assessment of indicators of international trade in services were identified; the research is based on UNCTAD statistics.

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