The Macro Dimensions of Chile's Export Dilemma

2009 ◽  
Vol 9 (4) ◽  
pp. 1850182 ◽  
Author(s):  
Francisco Arroyo ◽  
John C. Edmunds

The success of Chile's economy in the past decades is relevant to the efforts of other emerging countries to achieve rapid economic growth. One of Chile's main accomplishments has been a steady increase in exports. The increase was in physical volume of exports, not in unit value. This increase was the result of a correct strategy of opening the economy, which permitted the more competitive Chilean businesses to access external markets. This strategy may be reaching a point of diminishing returns, so the dilemma that Chile now faces is relevant to other emerging countries as they try to grow their economies rapidly. To achieve significant further growth in the long run, Chile needs to move into new kinds of business opportunities, in categories and areas where it has not established a foothold. To break into these new areas, Chile has to develop new capabilities and new strategies. The old way of growing the economy is running into constraints. The data is about Chile's wood products export industry, which is the country's most successful in terms of adding value as measured by macro metrics. That export industry is not as well known as Chile's wine and fresh fruit export industries but has a more impressive record. The firms in Chile's wood export industry, despite being successful in increasing the dollar value of products exported, have not been able to make themselves competitive in stages of wood production beyond basic and repetitive processes. Other emerging countries are facing the same challenge. Chilean wood products exporting firms in Chile have been slow to respond to signals from the market. They have not been able to achieve high standards of quality or precision, and they have worked only with local raw materials. These firms have attempted to export manufactured products, but these attempts have failed. For those reasons many observers argue that the advantage in the market that these firms enjoy is due to superior endowments of natural resources rather than to corporate strategies. High raw material prices have not triggered a new chapter in this history. On the contrary, this comfortable situation has lulled the country into complacency. Other countries were in the same comfortable situation and now the financial crisis has intervened. Chile's present slow growth is discouraging but might prod the country to achieve greater sophistication in exporting goods and services.

2021 ◽  
Vol 20 (10) ◽  
pp. 103-116
Author(s):  
Natalya S. Epifanova ◽  
Vladimir N. Akulinin

The purpose of this article is to study border trade in the regions of Russia and the provinces of China. It is shown that in recent years there have been negative trends in border trade, leading to its reduction. Therefore, Russian regions bordering with China should transform into separate objects of regional policy, while also forming a legislative framework for border interaction in all its main spheres: trade, humanitarian cooperation, science and education, and others. In border cooperation with China, special emphasis should be placed on cooperation in the innovation sphere, as well as on improving the quality of exported goods and services and promoting infrastructure projects. Border trade between the regions of Russia and China is built mainly on trade and export of labour resources from China to Russia, as well as China’s receipt of additional sales channels for the confidently growing sales markets for consumer goods and sources of raw materials and primary products. The interaction of Russian regions with neighbouring provinces on the border with China not only preserves the raw material orientation of these regions, but also hinders the development and strengthening of the manufacturing industry in the structure of their regional economies, since border interaction for Russian regions immobilizes those stages of value-added production observed in the very first stages. In general, for the Chinese provinces there is a similar problem associated with such exports to border regions that have common borders with Russia, which does not contribute to the diversification and structural development of the regional economies of the Chinese provinces. That is why building an effective mechanism for border interaction between Russia and China is a strategically important issue for both countries.


2019 ◽  
Vol 107 ◽  
pp. 124-130
Author(s):  
MAREK WIERUSZEWSKI ◽  
RADOSŁAW MIRSKI ◽  
ADRIAN TROCIŃSKI

Construction wood has to meet high requirements for loads capacity. Thanks to the selection and adequate classification of raw materials it is possible to decide how specific wood products can and should be used. The usage of solid wood for structural elements purposes has been precisely classified and specified in standardized requirements. Twelve classes of structural timber, ranging from C14 to C50, have been identified for softwood. Only part of Polish raw wood meets the standards of strength classes required in the building industry, as its strength corresponds to classes C24 and C30. A conclusion from research on the assortment structure of the raw materials in Poland was formed that it is particularly important to sort wood effectively according to its quality and intended use during processing. The material and strength efficiency is the main indicator of rational use of wood. The research resulted in setting the initial classification limits of selected round wood groups according to its strength. Properties determining the possibilities of obtaining a high quality product from the available raw wood material were taken into account in the research. Crucial factor was to select the proper research technology of determining dependencies between the applied research methodology and the defined wood quality, sorting class and strength class. The lower limit of availability of raw material with appropriate technical characteristics is determined during the selection of the research formula.


2014 ◽  
Vol 90 (05) ◽  
pp. 628-635 ◽  
Author(s):  
Felix Böck

With concerns about climate change and the search for sustainable construction materials, significant attention is now being paid to Africa's natural resources. Ethiopia, known as Africa's political capital, has a rapidly expanding economy with increasing demand for new construction materials. Through public private partnerships projects the country is developing a sustainable business model to promote bamboo as a raw material. The subtropical zone of Ethiopia is home to approximately 65% of Africa's bamboo resources, an area of over 1 million hectares. Bamboo is potentially an ideal source of local, sustainable purpose-engineered building materials for growing cities not only in Ethiopia but across Africa. Production of conventional construction materials such as steel and concrete is expensive, highly energy intensive and unsustainable, requiring large quantities of water and is strongly dependent on imported raw materials. Bamboo is a renewable building material widely cultivated in Ethiopia but not yet utilized in modern construction. Structural Bamboo Products (SBP), similar to engineered wood products, have excellent potential to partially replace the use of more energy-intensive materials. Projects such as African Bamboo are taking steps in managing, cultivating and using Ethiopian bamboo species to help mitigate rapid deforestation in East Africa by creating alternative “wood” sources and sustainable business opportunities.


2021 ◽  
Vol 24 (6) ◽  
pp. 1271-1284
Author(s):  
L. N. Takaishvili ◽  
G. V. Agafonov

The purpose of the paper is to assess application directions and prospects of Irkutsk region power generating coals for the needs of electric and heat power engineering with regard to the possible export of elect rical energy to the countries of South-East Asia, and use as raw materials for coal chemistry needs. The research is carried out using the methods of system analysis involving analysis and synthesis, formalization and concretization, structuring and restructuring, classification. It is the first time when the category of local power generating coals is distinguished under the analysis of the balance reserves of thermal coals. Their feature is low-quality and remoteness from settlements and transportation lanes. Their resource estimate is also given – 0.54 billion tons. An estimate of the recoverable reserves of local coals is obtained: it is 260 million tons. The potential level of local coal production is calculated. A retrospect of consumption trends of regional thermal coals is given and possible application directions are considered in the long run. It is shown that the most demanded direction is the use of coals for energy needs, mainly at thermal power plants. The calculated volumes of coal consumption of two export TPPs, Mugunskaya and Ishideiskaya, are respectively 11 and 6 million tons. According to the authors' calculations, the percentage of electrical energy generation at coal -fired TPPs depending on its export variant implementation can increase by 1.5 – 2.1 times as compared with the level of 2019. Availability of significant reserves of power generating coals in the region makes them a reliable source of energy resources for the electric and thermal power industry, including the export of electrical energy and a promising raw material for the needs of coal chemistry. Potential capacity of coal mining is estimated at 50-60 million tons per year, including 6.5 million tons of local coals. Production potential of coal significantly exceeds its demand both at present and in the future.


2017 ◽  
Vol 7 (2) ◽  
pp. 277-279
Author(s):  
SATHISH M

Goods and Services Tax (GST) is an indirect tax which was introduced inIndia on 1 July 2017 and was applicable throughout India which replaced multiple cascadingtaxes levied by the central and state governments. The Goods and Services Tax was launchedat midnight on 30 June 2017 by the Prime Minister of India, Narendra Modi. The launch wasmarked by a historic midnight (30 June – 1 July) session of both the houses of parliamentconvened at the Central Hall of the Parliament. The session was attended by high-profileguests from the business and the entertainment industry including Ratan Tata. The Goods andService Taxation (GST) policy of India is a step to normalize the taxes applied on variousgoods and services. This would curb off the cascading effect of the taxes, and in turn bringout a better place for the customers and suppliers. It is expected to have a tax only on thevalue addition and no business costs for the procurement of inputs, raw material or inputservices. It is a boon in the long run… there may be some problems like unequal price riseand fall of different commodities, short term loss to the local bodies etc but in a long run it'sgoing to make our economy more robust transparent and efficient. In this paper we made anattempt to bring out the windfall of the new indirect tax just introduced in India.


Author(s):  
Svitlana Ishchuk ◽  
Lyudmyla Koval

Today, the woodworking industry is a strategically promising export-oriented segment of the national economy of Ukraine, as well as an important link for its integration into the global value chains. The presence of a significant raw material base and the prospects for expanding of product markets are the objective basis for the further dynamic development of domestic woodworking industry. The purpose of the article is to determine the production and export potential for the development of woodworking industry in the Western regions of Ukraine and to substantiate the organizational and economic forms of its practical realization. According to the results of the assessments, it is established that the vast majority of Western regions of Ukraine, especially Lviv, Ivano-Frankivsk, Volyn and Rivne, have significant potential for further dynamic development of the woodworking industry. The processing (wooden furniture, windows, doors, floor) and production of paper and paper products are defined as the most promising industries in the region from the point of view of import substitution (i.e. orientation towards meeting demands on the domestic market). At the same time, from the point of view of increasing the presence of wood products of Ukrainian producers on the foreign markets, the production of alternative finishing materials for furniture, the production of energy-saving products, as well as the production of plywood and wood pellets are promising. Vertical integration will facilitate the full realization of the potential of domestic woodworking enterprises. The creation of integrated business structures in the woodworking sector, in particular in the Western regions, will enable meeting the needs of the woodworking productions for raw materials by establishing mutually beneficial links with the forestry sector; supporting and stimulating investment activity at the meso-level, which will ultimately contribute to the formation of a high level of competitiveness of domestic wood products, and consequently, to acceleration of their entry into foreign markets and to increasing the efficiency of the Ukrainian woodworking industry as a whole.


1988 ◽  
Vol 4 (2) ◽  
pp. 209-221 ◽  
Author(s):  
Norman Myers

ABSTRACTTropical forests offer many more products than the category for which they are best known, viz. wood products. They can supply a host of raw materials, such as resins, oils, fibres and fruits, which collectively represent a commercial value far higher than is generally recognized. In addition they provide an exceptional abundance and variety of genetic resources, which make substantial contributions to modern agriculture, medicine, industry and energy. On top of these materials, tropical forests supply significant environmental benefits, such as protection of the soil and safeguards for watershed systems. While it is sometimes difficult to quantify the economic values of these diverse goods and services, they are often to be reckoned as equal to, if not higher than, the marketplace values represented by the commercial hardwood timber. Yet when the forests are exploited for their hardwood timber, the process is usually so disruptive to forest ecosystems that the other outputs are severely reduced. By contrast, one may exploit the forests for their other outputs with virtually no disruption to forest ecosystems. The paper describes the main categories of non-wood products available from tropical forests, analyses their relative worth, and offers summarized proposals for an expanded approach to forest development in order to take integrative account of the full range of forest benefits.


2013 ◽  
Vol 14 (1) ◽  
pp. 109-114 ◽  
Author(s):  
Ramesh Man Singh ◽  
Mridaney Sharma Poudel

Mikania micrantha (mile- a-minute in English) is assessed as one of the six high risks posed IAS in terrestrial ecosystem in Nepal and is as a considered second biggest threat after deforestation to biodiversity conservation. It is becoming pervasive and estimated to have covered over 20% of the Chitwan National Park. A survey was conducted jointly with NTNC, TCN and NAST to establish the estimates of available Mikania biomass raw material. After being cut, it can even regenerate by old rootstocks, runners and suckers. It does not have much use after manual removal. So, using dried biomass for briquetting to get fuel may be an option for its utilization. Different types of briquettes using biomass as well as char were made from its raw materials. Various physical and fuel characteristics of the briquette fuels and combustion tests were performed and studied as an alternative fuel. Different test results show that the use of this weed to produce briquette fuel will generate a potential source of alternative energy and will also help in conserving biodiversity in long run. Nepal Journal of Science and Technology Vol. 14, No. 1 (2013) 109-114 DOI: http://dx.doi.org/10.3126/njst.v14i1.8930


Author(s):  
Mohcine Bakhat ◽  
Klaas Würzburg

Past research has mainly applied linear cointegration analysis to study the relationship of crude oil prices with the prices of other commodities. However, recent methodological innovations in cointegration analysis allow for a more thorough analysis of the co-movement of commodity prices and detect asymmetric and thresholds co-movements. Following Enders and Siklos [1] and Hansen and Seo [2], we apply threshold cointegration analysis, detecting co-movements that earlier studies based on linear cointegration analysis could not detect. We find that adjustments to positive and negative deviations from the long-run equilibrium are asymmetric for copper, food and agricultural raw materials in the short-run. Moreover, the adjustments for aluminum and nickel are symmetric. The price Granger causalities behave as expected for metals and agricultural raw material prices. Food prices, however, behave differently. In sum, the results of this paper underscore the importance of consistently testing nonlinear cointegration and point out the complex interactions that take place between the markets of oil and other commodities.


2018 ◽  
pp. 97-118
Author(s):  
Dragan Nonic ◽  
Jelena Nedeljkovic ◽  
Dragan Mihajlovic ◽  
Nenad Rankovic ◽  
Branko Glavonjic

The procurement process is of great importance for the business success of the company. The effectiveness of a business depends to a great extent on the ability to use the environment in the procurement of resources necessary for functioning. The aim of the research is to identify the main problems in forest management in the South Morava Forest Area (SMFA), in the production and sales of beech roundwood, as well as to determinate the characteristics of the companies and the organization of the raw materials procurement process. The data were collected in the period 2014- 2017, by surveying 13 representatives of small and medium enterprises and 1 large company and interviewing 5 employees of Forest Estate ?Vranje? (Public enterprise ?Srbijasume?). The current situation in the SMFA is characterized by an unfavourable structure of beech coppice forests, inadequate forest openness and low wood mobilization from private forests. Analyzed companies are, mostly, micro and small (79.0%), founded (64.3%) less than 10 years ago, and 50% of them are engaged in sawmill and wood processing. All companies purchase and use beech technical roundwood. Wood raw material is purchased from the public and private sectors. Transport of raw materials is carried out through intermediaries (92.9%) and on ?bad? and ?very bad? (71.0%) infrastructure. However, the majority (92.9%) of them are ?partially satisfied? and ?satisfied? with the quantity and quality of delivered raw materials. There is a significant presence (86.0%) of enterprises, which, in addition to technical roundwood, procure and use other wood products (fibreboards and other reproduction materials) from suppliers from other regions. Based on the analysis of all collected data, places for improvement of wood raw materials procurement and the weaknesses of existing supply chains have been defined, as well as the proposals for improving the organization of the procurement of wood raw materials at SMFA.


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