Some Aspects of Economic Development, Integration of International Economic Relations, Resource Flows to Less-Developed Countries: Financial Terms and Their Constraints, Financing Economic Development: Fiscal Policy for Emerging Countries and Food Aid and Britain

1970 ◽  
Vol 46 (3) ◽  
pp. 559-560
Author(s):  
Paul Streeten
Federalism ◽  
2021 ◽  
Vol 26 (4) ◽  
pp. 89-110
Author(s):  
G. I. Chufrin

The present article is devoted to the analysis of participation of new post-Soviet Eurasian states in international economic relations, of current goals and strategic targets of this policy in the economic development of these states. Many, in fact the majority of them appeared to be unable after achieving political sovereignty to solve complex economic problems of national development since they had neither organizational experience in carrying out an independent and effective economic policy nor the personnel, technological and financial provisions for these goals. Therefore new independent Eurasian states had to approach foreign countries searching for adequate forms and methods of cooperation with them on these issues. In this connection the article explores the nature of interrelations between post-Soviet states with their principal foreign partners on a bilateral basis as well as in multilateral international economic organizations, of the comparative role of political and economic factors in these relations. Some of the post-Soviet states have begun their participation in the Eurasian integration project headed by Russia, others aim at solving their external political and economic problems by strengthening relations with the USA and European Union on a priority basis, still others see the way out in promoting their orientation primarily on their closest regional partners (such as China, Turkey, Iran). However, neither of these directions of external economic activities has become a dominant one on the post-Soviet space. Moreover, some of their elements may get a priority significance, neighboring others or even replacing them at various stages of development of this or that post-Soviet state. Besides, three decades after their formation the new sovereign Eurasian states having endured complex processes of national state building began to differ substantially from each other by their political systems, by levels of economic development and above all – by their strategic goals, aspirations and orientations. And in its turn this has caused serious changes in their approaches to building relations with their external partners, both in bilateral and multilateral formats. Under these conditions the most important national priority of Russia is to implement such a foreign policy at the post-Soviet space that would react timely and most flexibly at social, political and economic processes going on there and emphasizing that most important goal of such a policy is neither a political expansion or an institution of a great power hegemony but development of partnership and friendly relations with the post-Soviet states on the basis of equality and mutual benefits.


2021 ◽  
Vol 3 (4) ◽  
pp. 17-24
Author(s):  
Tariro Portia Tendengu ◽  
Fadzai Mahere

The purpose of this paper is to reach the augment of COVID-19 effects on international economic relations. The globe has become a cohesive economic community with interdependence being fuelled by rising economies and the need to exchange technical know-how, goods and services. Globalization has turned the world into one unit with diversified limbs that work in tandem with each other, for instance the lesser the lesser developed countries need raw material to sustain their industries. Now because of the unforeseen emergence of COVID-19 pandemic, social, political and economic modes of interaction have been obstructed normally to curb the spread of the virus which has claimed lives in the hundreds of thousands to millions.This in turn has hindered in some cases  brought to a halt certain areas of the economy both internationally and nationally. Economic relations have been stunned by the introduction of COVID-19 measures like travel bans, limiting interactions between individuals and groups and limited time of operations for essential services. A desktop review analysis was used as the research methodology.  Data collection methods that were used included observations, focus group discussions and interviews. The targeted population included international, statutory and non-statutory organizations in Zimbabwe. Findings from the study concluded that closure of borders during the COVID-19 pandemic affected imports and exports of trade, COVID-19 led to the loss of labour though massive deaths and quarantine measures and the effect of COVID-19 pandemic on oil dependent counties was severe.` Recommendations from the research affirm that governments and regional organisations should reunite in the global context so as to face pandemics, policy makers should implement effective policies which address economic relations between countries and countries should better prepare for such threats like COVID-19 to economic relations and trade through enhancing technologies.


Author(s):  
L. Tkachuk

The article reveals the multifaceted nature of tourism as a global scale social phenomenon. Tourism embraces nearly all aspects of our society. The main directions and tasks of its research by various sciences are disclosed. The necessary of integrating a number of subjects to study tourism is underlined. Tourism is the temporary, short-term movement of people to destinations outside the places where they normally live and work, which is induced by the natural and cultural diversity of the world. The essence of tourism as a travel define the context of geographical researches on tourism, in particular, there are researches on geography of tourist resources and flows, sustainable destinations management. Tourism as a social phenomenon has a variety of social-cultural impacts in all sociological dimensions. The main aspects of sociological researches of tourism have resulted in tourists’ typology and theory of “hosts and guests” relations. The modern mass international tourism is regarded in this article as a symbol of the postmodernism society. The economic and environmental effects of tourism are determined. As a key sector for economic development and job creation (for both men and women) throughout the world, tourism is one of the strongest drivers of global trade and prosperity. Tourism directly contributed US$2.3 trillion and 109 million jobs worldwide in 2016. It is revealed that tourism in many developing and least developed countries is the most viable and sustainable economic development option, and in some countries, the main source of foreign exchange earnings. Tourism impacts on the natural environment in various ways. Some forms of tourism can be extremely detrimental to ecologically sensitive areas, resulting in their degradation or destruction. The role of tourism in strengthening international economic relations, maintaining peace and stability in the world is also noted. It is determined that tourism can reduce prejudice among individuals, influences national institutions, structures and attitudes to create and sustain peaceful societies.


Author(s):  
Vesna Petrovic

The main aim of this chapter is to analyze the contemporary challenges that have affected movements in the global trade and investments, as well as their interdependence. The focus is on the causes and consequences of the fundamental changes in international economic relations. The analysis is based on the following data: value of world trade, dynamics, and structure of exchange. Contemporary faces of the world economy such as transnationalization, intra-sector trade, increasing discourse on whether foreign trade and FDIs represent substitutes or complements, have also been an unavoidable part of this chapter. Depending on the stage of development, global changes have specific consequences on developed countries and developing economies. The chapter in its final part focuses on the analysis of how global value chains are directly affecting the growth of international trade and flows of foreign capital through the inevitable role of multinational companies.


1974 ◽  
Vol 68 (4) ◽  
pp. 687-708 ◽  
Author(s):  
Joseph Gold

[Ed. Note: Since World War II the administration of international monetary, financial, and commodity agreements has been performed by institutions operating on weighted voting principles, the weight dependent largely on the stake of various countries in the assetsdisposed of through the agreement. There is much discussion now concerning the adoption of such a system for the trade field, perhaps through amendment of the GATT, or in codesof trade liberalization among developed countries. Mr. Gold's article, relating the limitations and problems attendant upon the operation of the weighted voting system in the International Monetary Ftmd, is therefore particularly timely. Stanley D. Metzger.]


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