The Global Perspective

2013 ◽  
Author(s):  
Zoltan J. Acs
Keyword(s):  
Global Economy ◽  
Global Perspective ◽  
The European Union ◽  
Unequal Distribution ◽  
Distribution Of Wealth ◽  
American Model ◽  
The World ◽  
American Style ◽  
Unequal Distribution Of Wealth ◽  
The One

This chapter examines the American economy and American-style capitalism in the context of the global economy. It first provides an overview of American exceptionalism before revisiting who the Americans are and comparing the American model of liberal democracy with that of East Asia and the European Union. It then reflects on what America's future looks like and what the world will look like in 2050. It concludes with an assessment of whether the American model that is spreading around the world in bits and pieces could be better promoted. The chapter suggests that American-style capitalism, with its interplay between entrepreneurship and philanthropy, on the one hand, and its balancing act between wealth and opportunity, on the other, should be encouraged despite the unequal distribution of wealth entrepreneurship creates.

scholarly journals Global sugar, regional water, and local people: EU sugar regime liberalisation, rural livelihoods, and the environment in the Incomati River Basin

2009 ◽  
Vol 105 (1/2) ◽  
Author(s):  
Jo Lorentzen
Keyword(s):  
River Basin ◽  
Global Economy ◽  
Rural Livelihoods ◽  
The European Union ◽  
Rural People ◽  
Complex Interactions ◽  
The World ◽  
The One ◽  
Distant Part

This paper is concerned with how changes in the global economy, triggered by actions undertaken in one part of the world, can affect the lives and the prospects of poor rural people, as well as the environment they live in, in another very distant part of the world. It analyses the linkages between changes in the European Union (EU) sugar regime and the economic fortunes and the environmental future of a very poor and highly water-stressed area in southern Africa—the Incomati River Basin—where sugar production is the single most important economic activity. The case study epitomises the complex interactions between trade liberalisation on the one hand and poverty and the environment on the other.

A Semiological Analysis of Dudley's Political Cartoons in the Namibian Newspaper

2020 ◽  
Vol 4 (2) ◽  
pp. 47-60
Author(s):  
Liicka Andima ◽  
Rewai Makamani
Keyword(s):  
Political Cartoons ◽  
Fiscal Policies ◽  
Unequal Distribution ◽  
Distribution Of Wealth ◽  
The Press ◽  
The World ◽  
Governance Practices ◽  
New Thinking ◽  
Unequal Distribution Of Wealth ◽  
Purposive Sample

Political cartoons communicate powerful politically inclined renditions reflective of how cartoonists view contestable contemporary issues in society. All over the world, political cartoons that satirize governance practices are a common feature in the press. As in economies of many African states, from 2016 to 2019 the Namibian economy has generally been on the decline, thereby calling for new thinking in socio-economic and fiscal policies of the country. This qualitative study employs the connotative and denotative model of analysis from the Bathesian semiological perspective to reveal how a purposive sample of political cartoons in the Namibian newspapers, exposes how Dudley satirizes mainly against poor service delivery, corruption, and unequal distribution of wealth in Namibia. The study recommends the adoption of a servant-leadership approach based on Ubuntu.

scholarly journals Corporate Social Responsibility and Sustainability. A Bibliometric Analysis of Their Interrelations

2021 ◽  
Vol 13 (4) ◽  
pp. 1636 ◽  
Author(s):  
Víctor Meseguer-Sánchez ◽  
Francisco Jesús Gálvez-Sánchez ◽  
Gabriel López-Martínez ◽  
Valentín Molina-Moreno
Keyword(s):  
Sustainable Development ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Global Economy ◽  
The United States ◽  
Social Dimension ◽  
Unequal Distribution ◽  
Distribution Of Wealth ◽  
Productive Author ◽  
Corporate Social

Traditional economic system has brought important negative implications regarding environmental development, as well as an unequal distribution of wealth, which has led to ecological disasters and population imbalances. Considering the existence of unequal opportunities and access to resources in a global economy, it would be relevant to study the interrelations between the concepts of Sustainability and Corporate Social Responsibility (CSR). Global and multifactorial issues require the review of fieldworks and their connections. From this perspective, the present research aims to analyze the relationships between the concepts of Corporate Social Responsibility and Sustainability in order to understand the advances of current scientific production and future lines of research. In this way, there is a considerable increase of interest in this line of research, highlighting García-Sánchez as the most productive author, Business, Management and Accounting as the most studied topic, and Sustainability Switzerland as the most productive journal. The country with the most publications and citations is the United States, and the most productive institution is Universidad de Salamanca. Future lines of research should focus on the social dimension and its possibilities in the field of Circular Economy. Finally, a line of research is proposed that also includes the proposals from the 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals.

The Dynamic Relationship between FDI and Wages: Evidence from the People's Republic of China

2005 ◽  
Vol 6 (1) ◽  
pp. 23-42
Author(s):  
Bala Ramasamy ◽  
Matthew Yeung
Keyword(s):  
Granger Causality ◽  
Unequal Distribution ◽  
Republic Of China ◽  
Distribution Of Wealth ◽  
Dynamic Relationship ◽  
Cheap Labour ◽  
Wage Rates ◽  
Significant Relationships ◽  
Unequal Distribution Of Wealth ◽  
The Relationship

The objective of this paper is to evaluate the relationship between FDI and wage rates using the wellestablished Granger causality method but with a panel data setting. The paper considers the dynamic relationship between these two variables for 27 provinces over the 1985 – 2000 period. We also distinguish between the coastal and inland provinces. Results indicate that Granger causality runs from FDI to wages for the coastal provinces but no significant relationships are found for the inland provinces. These results imply that FDI is a contributing factor for increasing wage rates in China. In particular, our findings show that the “cheap labour” hypothesis does not apply for China. It further indicates that increasing inflow of FDI into the coastal provinces relative to the inland provinces exacerbate the unequal distribution of wealth between the regions.

scholarly journals Structural changes and economic growth in the world economy and Russia

2019 ◽  
Vol 5 (1) ◽  
pp. 1-26 ◽  
Author(s):  
Valeriy V. Mironov ◽  
Liudmila D. Konovalova
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Global Economy ◽  
World Economy ◽  
Structural Changes ◽  
Russian Economy ◽  
The World ◽  
Preliminary Version ◽  
The One ◽  
Relationship Of

The article considers the problem of the relationship of structural changes and economic growth in the global economy and Russia in the framework of different methodological approaches. At the same time, the paper provides the analysis of complementarity of economic policy types, which, on the one hand, are aimed at developing the fundamentals of GDP growth (institutions, human capital and macroeconomic stabilization), and on the other hand, at initiating growth (with stable fundamentals) with the help of structural policy measures. In the study of structural changes in the global economy, new forms of policies of this kind have been revealed, in particular aimed at identifying sectors — drivers of economic growth based on a portfolio approach. In a given paper a preliminary version of the model of the Russian economy is provided, using a multisector version of the Thirlwall’s Law. Besides, the authors highlight a number of target parameters of indicators of competitiveness of the sectors of the Russian economy that allow us to expect its growth rate to accelerate above the exogenously given growth rate of the world economy.

scholarly journals Effects of Serbian accession to the European Union

2012 ◽  
Vol 59 (3) ◽  
pp. 355-367 ◽  
Author(s):  
Mario Holzner ◽  
Valentina Ivanic
Keyword(s):  
Trade Liberalization ◽  
Consumer Surplus ◽  
The European Union ◽  
Policy Changes ◽  
Eu Accession ◽  
Consumer Prices ◽  
The World ◽  
Producer Surplus ◽  
The One ◽  
The Eu

In this article, the global simulation model (GSIM) of Joseph F. Francois and Keith H. Hall (2009) for analyzing global, regional, and unilateral trade policy changes was applied to Serbia. This was to measure the effects of full trade liberalization with the EU after Serbian accession to the EU. As anticipated, most of the changes in welfare after full liberalization of trade between Serbia and EU can be expected in sectors where Serbia has specialized; protection against imports from the EU is strong. However, losses could also occur in sectors that currently face strong protection against the rest of the world and this protection is lost after EU accession. Trade liberalization will lead to a substantial loss of tariff revenues. Reduced consumer prices might, on the one hand increase consumer surplus but on the other hand decrease producer surplus and output in certain industries.

GLOBAL DIMENSION OF INNOVATION CAPACITY OF THE EUROPEAN UNION MEMBER COUNTRIES

2018 ◽  
Author(s):  
Olena Zayats ◽  
◽  
Tomash Yarema ◽  
Keyword(s):  
European Union ◽  
Global Economy ◽  
Union Member ◽  
The European Union ◽  
Member States ◽  
Global Innovation ◽  
The World ◽  
Innovation Capacity ◽  
Innovative Capacity ◽  
European Union Member States

The article examines the essence of the global innovation capacity of the member states of the European Union and its interconncetion with involvement in the processes of international economic integration and disintegration. It is noted that the global innovative force has a significant impact on stable economic growth and competitive positions of any economic entity in the world arena. In addition, it was determined that the unification of countries into interstate integration groupings leads to the transformation of the innovation capacity of the member country and the formation of the innovation capacity of the international integration associations. As a result of the study, it was noted that today there is no single methodology for measuring innovative capacity. As part of the innovation capacity research of the European Union member states, the most prominent and frequently used method for measuring the innovation capacity of the country amongst of global economy, namely the global innovation index, is considered. The aim of this article is to compare the positions of the innovative capacity of the member states of the European Union and to study how the integration and disintegration processes in the European Union affect the innovation capacity of participants and, in the prospect, develop a methodology for ranking the innovation capacity of interstate integration associations. The positions of the innovation capacity in the global economy of the European Union member states are analyzed according to the global innovation index. It has been established that five member countries of the European Union are in the top 10 most innovative economies in the world economy. The innovation capacity index of the European Union 2020 is proposed to be calculated and was calculated. It is noted that albeit the ratings do not give any propositions, but only actually determine the state, however, with their assistance it is possible to carry out adequate monitoring, analysis, forecast of activation and measurement of innovation leadership of all economic and innovative entities of the global economy. It has been proved that methodological approaches to measuring the innovation capacity of the subjects of the global economy ought to be improved furthermore ratings should be developed not only in the context of countries, but of international integration associations as well.

EURASIA IN POST-CRISIS ECONOMY AND ENERGY

2021 ◽  
pp. 126-134
Author(s):  
Gul'nar O. Khalova ◽  
◽  
Nikita I. Illeritskii ◽  
Keyword(s):  
Global Economy ◽  
World Economy ◽  
The European Union ◽  
Economic Interests ◽  
Development Models ◽  
New Development ◽  
The World ◽  
Macroeconomic Indicators ◽  
Crisis Conditions ◽  
High Level

The article considers some of the macroeconomic results of 2020 for the global economy and individual regions and countries of the world. The authors identify a number of distinctive features of the global economic crisis of 2020 and its impact on the dynamics of macroeconomic indicators in individual regions and countries of the world (the Eurasian Economic Union, the European Union, and China). It is noted that during the crisis, negative trends in the world economy and politics became more acute and fundamental contradictions between the main participants in the world economy became tougher. At the same time, a high level of mutual dependence of the economies of the EU, EAEU, China and other Eurasian states was noted. Despite the crisis conditions and unfavorable political rhetoric, economic interests and the implementation of all – Eurasian projects can become a unifying factor for overcoming the crisis and forming new development models based on rational policies and the common benefit of the states of the Eurasian space.

Five Centuries of Inequality and Socioeconomic Transformation in the Barcelona Area, 1451-1880

2020 ◽  
Author(s):  
Joana Maria Pujadas-Mora ◽  
Gabriel Brea-Martínez
Keyword(s):  
Socioeconomic Inequality ◽  
Data Series ◽  
Contemporary Society ◽  
Deep Roots ◽  
Unequal Distribution ◽  
Distribution Of Wealth ◽  
The Past ◽  
Historical Series ◽  
Economic Elites ◽  
Unequal Distribution Of Wealth

Unequal distribution of wealth is a matter of growing concern in contemporary society, but it is also one with deep roots in the past. Several authors have traced the origins of this inequality by reconstructing historical series and collecting and harmonising data from sources and records with uneven territorial and temporal cover (Milanovic et al. (2011), Alfani (2015) Piketty (2014 and 2020)). Few places in the world have data series that make it possible to reconstruct the patterns of socioeconomic inequality by drawing on a single source. Barcelona, including its hinterland, is one of these places. The Barcelona Historical Marriage Database, which was created under the auspices of the Advanced Grant project Five Centuries of Marriages headed by Professor Anna Cabré, has made it possible to analyse, over a period of five centuries, the distribution of wealth by studying the taxes levied on marriages held in the Diocese from 1451 to 1880. This number of Perspectives Demogràfiques offers an account of the evolution of inequality from the ancien régime through to the consolidation of industrialisation, the concentration of wealth, and the composition and replacement of economic elites in the Barcelona area.

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