Rebuilding the World Economy: America's Role in Foreign Trade and Investment

We analyse potential consequences of the forthcoming Trade and Investment Partnership between the European Union and the United States (TTIP) for trade orientation of both partners. We do it so with along with the short analysis of the characteristics of the third wave of regionalism and the TTIP position in this process as well as the dominant role of the EU and the U.S. in the world economy – especially – in the world trade. Next, we study trade orientation of the hypothetical region created in result of TTIP. We use regional trade introversion index (RTII) to analyze trade between the EU and the U.S. that has taken place until now to get familiar with the potential changes caused by liberalization of trade between both partners. We analyze RTII for mutual trade of the EU and the U.S. Then, we apply disaggregated data to analyze and compare selected partial RTII (e.g. for trade in final and intermediate goods as well as goods produced in the main sectors of economy like agriculture or manufacturing). The analysis of the TTIP region’s orientation of trade based on the historical data from the period 1999-2012 revealed several conclusions. Nowadays, the trade between the EU and the U.S. is constrained by the protection applied by both partners. Trade liberalization constituting one necessary part of TTIP will surely help to intensify this trade. The factor of special concern is trade of agricultural products which is most constrained and will hardly be fully liberalized even within a framework of TTIP. Simultaneously, both parties are even now trading relatively intensively with intermediaries, which are often less protected than the average of the economy for the sake of development of final goods’ production. The manufactured goods are traded relatively often as well, mainly in consequence of their poor protection after many successful liberalization steps in the framework of GATT/WTO. Consequently, we point out that in many respects the TTIP will be important not only for its participants, but for the whole world economy as well. TTIP appears to be an economic and political project with serious consequences for the world economy and politics.

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From foreign trade to international investment: a new step in China’s integration with the world economy

Economic Change and Restructuring ◽

10.1007/s10644-012-9134-3 ◽

2013 ◽

Vol 46 (1) ◽

pp. 25-43 ◽

Cited By ~ 3

Author(s):

Françoise Lemoine

Keyword(s):

Foreign Trade ◽

World Economy ◽

International Investment ◽

The World

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Consuls and Silver Contraband on Mexico's West Coast in the Era of Santa Anna

Journal of Latin American Studies ◽

10.1017/s0022216x00020125 ◽

1987 ◽

Vol 19 (2) ◽

pp. 389-411 ◽

Cited By ~ 19

Author(s):

John Mayo

Keyword(s):

Foreign Trade ◽

West Coast ◽

World Economy ◽

Napoleonic Wars ◽

The World ◽

The Impact ◽

Individual Role

Mexico achieved independence in 1821. With the definitive cutting of the imperial ties with Spain, already weakened by the impact of the Napoleonic Wars, the country began to play an individual role in the world economy. The end of Spanish rule and the departure of many Spaniards opened up new positions and new opportunities for Mexicans. Some they seized immediately as in government and the army; others they lacked in some measure the skills, inclination or capital to exploit. One of the more difficult areas was overseas trade, which had been largely the preserve of peninsulares. Their departure provided the occasion for the arrival of numbers of foreigners, who established merchant houses in trading centres, and assumed the role of middlemen in Mexico's foreign trade.

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An examination of international logistics practices of U.S. logistics professionals

Journal of Transportation Management ◽

10.22237/jotm/841536360 ◽

1996 ◽

Vol 8 (1) ◽

pp. 43-53

Author(s):

Hokey Min ◽

William Galle

Keyword(s):

Foreign Trade ◽

World Economy ◽

Daily Routine ◽

Trade Volume ◽

Subsequent Increase ◽

Global Competitiveness ◽

International Environment ◽

The World ◽

Global Logistics ◽

The Way

Over the last two decades, the growing interdependence of the world economy and the subsequent increase in foreign trade volume have contributed to the considerable expansion of global logistics activities. As global logistics operations became almost a daily routine for many logistics professionals, they have begun to search for adaptive logistics strategies to improve global competitiveness. To assist U.S. logistics professionals in fostering such strategies, this study empirically examines how the globalization of business has influenced the way U.S. logistics professionals adapt themselves to a dynamic international environment fraught with countless risks and complexities.

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Dampak Pandemi COVID-19 terhadap Perekonomian Indonesia

Jurnal Benefita ◽

10.22216/jbe.v5i2.5313 ◽

2020 ◽

Vol 5 (2) ◽

pp. 212 ◽

Cited By ~ 1

Author(s):

Dito Aditia Darma Nasution ◽

Erlina Erlina ◽

Iskandar Muda

Keyword(s):

Data Analysis ◽

Research Methodology ◽

World Economy ◽

Quantitative Method ◽

Secondary Data ◽

Slow Pace ◽

The World ◽

Data Source ◽

The Impact ◽

Trade And Investment

This study aims to determine the impact of the COVID-19 pandemic on the Indonesian economy. Until this research was written, 93 countries were found infected with COVID-19. The spread of COVID-19 which had spread eventually brought very bad risks to the world economy, including Indonesia, especially in terms of tourism, trade and investment. The method used in this research is descriptive quantitative method that uses an approach called secondary data analysis, which is a research methodology that uses secondary data as the main data source. Based on the results of the study, Indonesia is currently still in a stable economic situation. Strategic steps related to fiscal and monetary are also estimated to still have room to provide economic stimulus if needed. However, as the COVID-19 pandemic case developed, the market did fluctuate more in the negative direction. Not only that, the slow pace of Indonesia's export activities to China will also have a significant impact on the economy in Indonesia. Penelitian ini bertujuan untuk mengetahui dampak pandemi COVID-19 terhadap perekonomian Indonesia. Hingga penelitian ini ditulis ditemukan 93 negara yang telah terjangkit COVID-19. Pandemi COVID-19 yang telah menyebar pada akhirnya membawa risiko yang sangat buruk bagi perekonomian dunia termasuk Indonesia khususnya dari sisi pariwisata, perdagangan serta investasi. Metode yang digunakan dalam penelitian ini adalah metode kuantitatif deskriptif dengan menggunakan pendekatan analisis data sekunder. Berdasarkan hasil penelitian, dampak pandemi COVID-19 menyebabkan rendahnya sentimen investor terhadap pasar yang pada akhirnya membawa pasar ke arah cenderung negatif. Langkah-langkah strategis terkait fiskal dan moneter sangat dibutuhkan untuk memberikan rangsangan ekonomi. Seiring berkembangnya kasus pandemi COVID-19, pasar lebih berfluktuasi ke arah yang negatif. Tidak hanya itu saja, lambatnya ekonomi global khususnya kegiatan ekspor Indonesia ke China juga berdampak signifikan terhadap perekonomian Indonesia. Hal tersebut berdasarkan analisis sensitivitas yang menjelaskan bahwa lambatnya ekonomi global saat ini sangat berdampak terhadap pertumbuhan perekonomian Indonesia.

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Impact of western sanctions on Russia's foreign trade indicators based on the developed exports efficiency criterion

10.33920/vne-03-2110-06 ◽

2021 ◽

pp. 37-44

Author(s):

M. A. Shapor

Keyword(s):

Foreign Trade ◽

World Economy ◽

Performance Indicator ◽

Export Performance ◽

Scientific Article ◽

Efficiency Criterion ◽

The World ◽

Federal Statistical

In the framework of this scientific article the author of the criterion of efficiency of the country’s exports, developed on the basis of export performance indicator used by the Federal Statistical Office of Germany. The advantage of the proposed criterion of the author is that he became a multiparameter using a number of indicators such as the exporting country and the importing country. This criterion can be used to calculate the export potential of the country in the period of instability of the world economy, since under the proposed criteria can be considered not only the annual interval but also quarterly and monthly.

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