scholarly journals Services in the international market

2008 ◽  
Vol 60 (4) ◽  
pp. 528-540
Author(s):  
Sanja Jelisavac
Keyword(s):  
International Trade ◽  
International Organizations ◽  
International Market ◽  
World Market ◽  
Comparable Data ◽  
Trade In Services ◽  
Great Role ◽  
Services Sector ◽  
Ongoing Work

The author analyses the role of services in the international market. Services sector has significant influence on economic growth and efficiency. Share of services in the world market is in the contrast with great role they play in the domestic market. Because of their intangible nature the trade in services is subject to a much large limitations than the trade in goods. Insufficient data or incomparable data on international trade in services makes this sector hard to analyze. Brought together to solve those problems few international organizations have made Manual on Statistics of International Trade in Services. This and many others are ongoing work to set internationally comparable data for the future analysis.

scholarly journals Legal services global market: current state and development prospects

2021 ◽  
Vol 29 (3) ◽  
pp. 510-523
Author(s):  
Oleg A. Yastrebov ◽  
Arina A. Tinkova
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Trade Policy ◽  
World Market ◽  
Global Market ◽  
Legal Services ◽  
Distinctive Features ◽  
Services Sector ◽  
Current State

The article answers the question: what are the distinctive features of the global legal services market in the context of globalization, as well as what place and role it occupies in international trade and trade policy? The study is divided into 3 parts. The first part structures the main theoretical aspects concerning the legal services world market: the concept and classification of legal services, forms and methods of international trade in legal services. The second part analyzes the market indicators of the global legal services market, characterizes the main problems and trends in its development. The place and role of Russia in the global legal services market are revealed. The third part deals with the foreign trade policy issues, mechanisms for protecting the internal market. Special attention is paid to the analysis of the Services Trade Restrictiveness Index for legal services. The mechanism of countries foreign trade policies influence on the British legal services sector is illustrated in the context of Brexit.

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.

Trade in Services: Removing Barriers

1983 ◽  
Vol 16 (01) ◽  
pp. 17-24
Author(s):  
Joan Edelman Spero
Keyword(s):  
International Trade ◽  
Data Processing ◽  
International Organizations ◽  
Service Sector ◽  
Trade In Services ◽  
National Examination ◽  
First Time

The meeting of the ministers of the General Agreement on Tariffs and Trade (GATT) in Geneva last November produced a little-noted but significant accomplishment. In the final hours of difficult, and at times acrimonious, debate, the ministers agreed to initiate a study on international trade in services–industries such as banking, insurance, communications, data processing, engineering and shipping. In the text of the final communique, GATT's contracting parties agreed to:• Recommend that each contracting party undertake a national examination of service sector issues;• Invite contracting parties to exchange this information among themselves and through international organizations, such as the GATT, on as uniform a basis as possible; and• Review the information at their 1984 session to determine whether a multilateral framework on services is desirable, and, if so, how to proceed.Although a modest step, the accord marks an economic milestone, for it is the first time that GATT's contracting parties have agreed to examine trade in services with the possibility of expanding international trade rules to cover services as well as goods.

POSSIBILITIES OF REALIZATION OF SERVICE SECTOR POTENTIAL IN THE GLOBAL ECONOMY

2021 ◽  
Author(s):  
Oksana Melnichuk
Keyword(s):  
International Trade ◽  
Gross Domestic Product ◽  
Global Economy ◽  
World Economy ◽  
Service Sector ◽  
Developing Economies ◽  
Domestic Product ◽  
Trade In Services ◽  
Services Sector ◽  
The World

The relevance of the study is due to the growing role of services in the world economy. Trade in services has become the dominant driver of economic growth and development in both developed and developing economies. Since the 1980s, data suggest that there is a stronger relationship between trade in services and gross domestic product (GDP) than in the case of commodity growth and GDP. It is noted that the quality of policies, regulations and institutional frameworks is a key factor in determining the effectiveness of services. As services are increasingly subject to liberalization through multilateral and regional trade agreements, it is important that countries develop harmonized approaches to internal regulation and trade liberalization in the services sector. The article identifies the features and characteristics of the service sector as a factor of multifaceted development and growth. The dynamics of international trade in services by geographical structure and types of development of countries is studied on the basis of statistical data of international organizations, taking into account the impact of the pandemic. It is noted that international trade in services is becoming an increasingly important part of global commerce. The problematic aspects of the activity of small business entities to enter foreign markets of services are considered. The issue of urgency of digital economy development for the sphere of services and contribution to world markets is outlined. Opening up the services sector has the potential to bring great benefits and deserves more attention. Further prospects for the realization of entrepreneurial potential in a comprehensive global economy are outlined. It is noted that services are an important part of the world economy, generating more than two-thirds of world gross domestic product (GDP), attracting more than three-quarters of foreign direct investment in developed economies, and creating most of new jobs worldwide. Establishing effective coordination mechanisms between trade negotiators, policymakers and regulators will be an important tool for the development of the global economy.

scholarly journals Analysis of social responsibility of mining companies in the international market

2021 ◽  
Vol 303 ◽  
pp. 01003
Author(s):  
Olena Kozyrieva ◽  
Nataliia Tkalenko ◽  
Valentina Vyhovska ◽  
Alina Pinchuk
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Corporate Sustainability ◽  
International Market ◽  
World Market ◽  
The World ◽  
Governance Practice ◽  
Corporate Governance Practice ◽  
Corporate Social

The article proves that the implementation of the principles and use of the tools of corporate social responsibility can increase the reputation of the corporation and its activity in the world market. The purpose of the article is to substantiate and determine the role of corporate social responsibility of the mining and metals companies in ensuring and improving their reputation in the world market. The article substantiates that the low level of corporate governance practice and insufficient part of social contribution to the companies negatively affect formation of corporate social responsibility of the corporations. The article analyzes the indicators of Corporate sustainability and Transparency for 2018-2019 according to the professional rating of the largest Ukrainian mining and metals companies, based on leading international practices. The analysis of indicators made it possible to identify the proportional dependence of the reputation of the corporation on the measures of corporate social responsibility that the latter implements. It is determined on the basis of the study that corporate social responsibility is an effective tool to increase the competitiveness of mining and metals companies.

scholarly journals Review International Trade Includes Business Strategy and the Role of International Organizations

2021 ◽  
Vol 2 (2) ◽  
pp. 1-8
Author(s):  
Johnwey Andelekke ◽  
Mkamzee Gichuru
Keyword(s):  
International Trade ◽  
International Business ◽  
International Organizations ◽  
National Economy ◽  
Business Strategy ◽  
Economic Trends

The aim of this article is to include an overview of international business, with a particular emphasis on strategic international business and organizations. This evolution is mostly attributed to the advancement in research and tracking technologies, which are expanding in lockstep with the evolving attitudes and thoughts of increasingly evolved humans. As a part of this transformational phase, nations must collaborate on both national and regional levels. The aim of this article is to include an overview of international business, with a particular emphasis on strategic international business and organizations. No such thing as a pure national economy exists. The majority of the planet is much too large to dismiss as a consumer or a rival. As a result, we are obligated to educate students about foreign perspectives in order for them to comprehend global economic trends.

Strategies of International Trade

2018 ◽  
pp. 381-414
Author(s):  
Alain Bresson
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Food Production ◽  
Ancient Greece ◽  
International Market ◽  
Institutional Logics ◽  
Mutual Trade ◽  
Grain Trade ◽  
Trade Partners

This chapter examines the strategies employed in international trade in ancient Greece. It explains how the rules of trade and the distribution of “natural advantages” played the role of a system of constraints within which genuine strategies of foreign trade could be constructed. To better understand the specificity of these trade strategies, the chapter first considers the two institutional logics that prevailed in the international market: the first consisted in setting up a “surpluses for surpluses” trade strategy; the second allowed trade partners to act freely. The notions of mutual trade and nondirectional trade are discussed, along with the case of grain. The chapter also looks at the strategies used by cities to control grain trade, such as laws prohibiting grain exports, before concluding with an analysis of the grain policy of Athens as well as food production and supply in Aegean cities.

Three Images of Trade: On the Place of Trade in a Theory of Global Justice

2014 ◽  
Vol 1 (2) ◽  
Author(s):  
Mathias Risse ◽  
Gabriel Wollner
Keyword(s):  
Economic Theory ◽  
International Trade ◽  
Global Justice ◽  
International Market ◽  
The Other ◽  
Gains From Trade ◽  
Voluntary Activity ◽  
Central Topic ◽  
Shared Activity

AbstractEconomic theory teaches that it is in every country’s interest to trade. Trade is a voluntary activity among consenting parties. On this view, considerations of justice have little bearing on trade, and political philosophers concerned with global justice should stay largely silent on trade. According to a very different view that has recently gained prominence, international trade can only occur before the background of an international market reliance practice shaped by states. Trade is a shared activity among states, and all participating states have in principle equal claims to gains from trade. Trade then becomes a central topic for political philosophers. Both views are problematic. A third view about the role of trade in a theory of global justice is then presented, which gives pride of place to a (non-Marxian) notion of exploitation. The other two views should be abandoned.

scholarly journals International trade in services: The role of international shipping

2007 ◽  
Vol 59 (2-3) ◽  
pp. 376-399
Author(s):  
Ivana Popovic-Petrovic
Keyword(s):  
International Trade ◽  
Trade In Services ◽  
National Interests ◽  
Transportation Services ◽  
The Past ◽  
Wide Range ◽  
The World ◽  
Increasing Demand ◽  
Merchandise Trade

The General Agreement on Trade in Services (GATS) is one of the World Trade Organization's most important agreements. This accord is the first and only set of multilateral rules covering international trade in services. It is a framework for international trade in services and a legal basis for resolving conflicting national interests. For the past two decades, trade in services has grown faster than merchandise trade. Currently, they represent more than two thirds of the World Gross Domestic Product. As the term services covers a wide range of intangible and heterogeneous products and activities, there has been an increasing demand for detailed, relevant and internationally comparable statistical information on trade in services. In the last ten years, the share of transportation services in international trade in commercial services was steady and amounted to about one quarter.

scholarly journals The network of international trade in services

2021 ◽  
Vol 6 (1) ◽  
Author(s):  
Lucia Tajoli ◽  
Federico Airoldi ◽  
Carlo Piccardi
Keyword(s):  
International Trade ◽  
Network Structures ◽  
Trade In Services ◽  
Global Properties ◽  
International Services ◽  
Different Characteristics ◽  
Changes Over Time ◽  
Over Time

AbstractWhile the share of services in international trade has been increasing very slowly over the years, oscillating around 20 per cent since the 1990s, their role has constantly gained importance. Trade in services certainly faces many more obstacles than trade in goods, but its impact on globalization and countries’ competitiveness is crucial, and it is therefore worth investigating its characteristics. The present work aims to analyse the networks of international trade in services and to unveil specific properties by exploiting a number of existing methodologies and algorithms. After describing the global properties of the networks of the various service classes, we investigate differences and similarities among them, and we highlight the most influential countries in the trade of specific services. We find that traded services display sharply different characteristics and they can be grouped in two different sets according to their network structures. Countries’ positions in these networks are diversified, with connections unevenly distributed, especially for some service categories. We discover that the structure of links, i.e. the topology of the networks, identifies the role of countries much more clearly than the sole amount of services traded. Overall, the results highlight important features, as well as changes over time, in the landscape of the international services.

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