scholarly journals "One belt – one road": historical aspects development and regulation of trade

2021 ◽  
Vol 7 (3) ◽  
pp. 79-89
Author(s):  
Mingjun He

The article is devoted to a topic that has been significantly updated in the last 5 years – the study of the ancient Great Silk Road as the historical predecessor of the Chinese initiative "One Belt – One Road". This initiative has involved dozens of countries on all continents of the Earth in its sphere. Many of them continue to wonder about the effectiveness of this project for China, other countries, the world economy and trade in general. The purpose of the article is to study the deep historical roots and significance for the socio-economic evolution in the past – with an emphasis on foreign trade aspects-and their role in general economic and humanitarian processes. The historical objectivity and validity of both the ancient Silk Road and the modern "One Belt, One Road" initiative are shown. The author comes to the conclusion that the ancient Great Silk Road played an extremely important role in the socio-economic development of China and other countries along the way, and at the same time provided the opportunity for intercivilizational communication, which together is extremely important in the conditions of the modern unstable world. The following research methods were used in the article: historical and economic analysis, induction and deduction, analysis and synthesis.

This volume documents the intellectual influence of the United Nations through its flagship publication, the World Economic and Social Survey (WESS) on its seventieth anniversary. Prepared at the Department of Economic and Social Affairs (DESA) and first published in 1948 as the World Economic Report (subsequently renamed the WESS), it is the oldest continuous post-World War II publication of this kind, recording and analysing the performance of the global economy and social development trends, and offering relevant policy recommendations. This volume highlights how well WESS has tracked global economic and social conditions, and how its analyses have influenced and have been influenced by the prevailing discourse over the past seven decades. The volume critically reflects on its policy recommendations and their influence on actual policymaking and the shaping of the world economy. Although world economic and social conditions have changed significantly over the past seven decades and so have the policy recommendations of the Survey, some of its earlier recommendations remain relevant today; recommendations in WESS provided seven decades ago seem remarkably pertinent as the world currently struggles to regain high levels of employment and economic activity. Thus, in many ways, WESS was ahead of the curve on many substantive issues. Publication of this volume will enhance the interest of the wider community of policymakers, academics, development practitioners, and members of civil society in the analytical work of the UN in general and UN-DESA in particular.


Author(s):  
Louçã Francisco ◽  
Ash Michael

Chapter 11 assesses the growth prospects of the world economy. The history of global economic doomsaying is traced briefly, a frequently reasonable position that has not done well with the facts for the past hundred years. Capitalism has been adept at escaping from the pit and pendulum. A set of global imbalances is then reviewed that are seen as posing a severe threat to global economic stability and certainly to the prospects for sustainable and equitable growth. The Great Recession following the Crash of 2007–8 might be “different this time.” Historical and contemporary fears of “secular stagnation” are discussed but the speculative nature of stagnationist assessments is acknowledged.


2011 ◽  
Vol 37 (4) ◽  
pp. 437-448 ◽  
Author(s):  
Fred Dallmayr

The question raised by the article is: can democracy be religious and, if so, how? Can religious faith be reconciled with modern democratic political institutions? The article takes its departure from the biblical admonition to believers to be ‘the salt of the earth’ — a phrase that militates against both world dominion and world denial. In its long history, Islam (like Christianity) has been sorely tempted by the lure of worldly power and domination. Nor is this temptation entirely a matter of the past (witness the rise of the Christian right and of ‘political Islam’ in our time). Focusing on contemporary Iran, the article makes a constitutional proposal which would strengthen the democratic character of the Iranian Republic without canceling religious faith. If adopted, the proposal would reinvigorate the ‘salt’ of Muslim faith thus enabling believers to live up to the Qur‘anic summons for freedom, justice and service in the world.


Author(s):  
Lina Benabdallah

Abstract The study of international relations (IR) has paid increasing attention over the last decade or so to the politics of memory, trauma, shame, but to a less extent to the political instrumentalization of positive experiences of the past. Indeed, IR theory rarely engaged the concept of nostalgia and its place within foreign policy making despite its potential for providing a powerful theoretical lens to explain hegemonic power dynamics. Sitting at the intersection of time and space, of time and affect, and of past and present, political nostalgia enables state leaders to move back and forth in time bringing back the past not for the past's sake but for the promise of a prosperous future. This article examines Chinese government's nostalgic borrowings from the Ancient Silk Road in order to associate Xi Jinping's new grand strategy, the New Silk Road to notions of inclusivity and prosperity. Reviving stories about fifteenth-century Chinese admiral Zheng He and reconstructing the history of his maritime navigations through stories and images of camel caravans crossing sand dunes are illustrations of political nostalgia.


2007 ◽  
Vol 200 ◽  
pp. 7-30 ◽  

The global economy expanded by 5.3 per cent in 2006, one of the fastest rates of growth in the past 35 years. We project further expansions of 5 per cent this year and 4¾ per cent in 2008. The key risks to the forecast that we highlight in this Review relate to global housing markets and the current stance of monetary policy. The US economy is restrained by the recent correction in its housing market, which is expected to continue to weigh on the economy through 2008. There is some concern that the housing investment downturn may spread to other economies, and in this report we explore the areas most at risk to such a contagion. We also consider the recent volatility in the oil price, which makes it difficult for monetary authorities to distinguish signal from noise. If too much emphasis is placed on what subsequently turns out to be noise, policy settings could turn out to be overly lax or stringent.


2004 ◽  
Vol 4 (1) ◽  
pp. 1850011 ◽  
Author(s):  
Dominick Salvatore

The past decade has witnessed an increasingly rapid tendency toward globalization in the world economy, and this has significantly affected the comparative advantage and international competitiveness of nations. This paper examines the effect of globalization on the comparative advantage and international competitiveness of Europe in manufactured goods as a whole, in high technology goods, and in office equipment and telecommunications during the past two decades. In particular, the paper evaluates the view that Europe is facing a serious double competitiveness squeeze – in high-technology goods from the United States and Japan and from the bottom in simpler manufactured goods from emerging developing countries, especially the Dynamic Asian Economies. This view is based on the over-regulation and rigid labor markets prevailing in most European countries. The paper shows, however, that this view is not generally correct.


2017 ◽  
Vol 8 (1) ◽  
pp. 22-30 ◽  
Author(s):  
Magnus Marsden

This article explores the relevance of the concept of Silk Road for understanding the patterns of trade and exchange between China, Eurasia and the Middle East. It is based on ethnographic fieldwork in the city of Yiwu, in China's Zhejiang Province. Yiwu is a node in the global distribution of Chinese ‘small commodities’ and home to merchants and traders from across Asia and beyond. The article explores the role played by traders from Afghanistan in connecting the city of Yiwu to markets and trading posts in the world beyond. It seeks to bring attention to the diverse types of networks involved in such forms of trade, as well as their emergence and development over the past thirty years.


2018 ◽  
Vol 9 (1) ◽  
pp. 153
Author(s):  
Viktor Yu. MELNIKOV ◽  
Yuri A. KOLESNIKOV ◽  
Alla V. KISELEVA ◽  
Bika B. DZHAMALOVA ◽  
Aleksandra I. NOVITSKAYA

Without understanding the past can be neither a viable present and no decent future. The appeal of the nation to its history – this is not an attempt to escape from the present and uncertainty about the future. This understanding of who we are, where we came from. Based on our experience, we can confidently move forward. Not happen in the Russian revolution, which way went the history of the world? Can we learn from the past to prevent another disaster? The lessons of history are there – they just need to be able to retrieve. The main lesson we can learn from what happened in 1917 – the need to value human life. Russia of the late XIX – early XX century was an incredible human potential.


2011 ◽  
Vol 343-344 ◽  
pp. 668-672
Author(s):  
Rong Ying Zhao ◽  
Rui Chen ◽  
Zhan Hai Dang ◽  
Zhao Dang ◽  
Gui Zhang

Oil crops occupy an important position in the world economy in the past twenty-five years. The production of oil crops has increased twice and oil products are mainly used for food, fodder, mechanical, smelt, soap, paint, rubber, plastic, medical and other areas. Information visualization provides new ways for scientometrics and knowmetrics in recent years. This paper does the visual analysis of international oil crop. Based on analytic techniques such as co-citation analysis, co-appearance analysis and information visualization, this paper maps the co-citation network, hot words of most cited papers and front words of oil crop using the CiteSpace software. It identifies the content of high cited documents, analyzes the research focus of international oil crop.


2009 ◽  
Vol 22 (2) ◽  
pp. 395-409
Author(s):  
HANS MAHNCKE

Globalization, as evidenced in increased trade, economic development, and the emergence of new global powers, has meant that the world economy has undergone significant changes over the past two decades. The World Trade Organization (WTO) is more than a potent representation of these developments, it is often seen, along with its predecessor, the General Agreement on Tariffs and Trade (GATT), as having enabled the process of globalization. However, there are profound concerns about what lies ahead in an increasingly complex economic and regulatory setting, in particular for developing countries (DCs).


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