scholarly journals What Drives Germany's Exports?

2020 ◽  
Vol 56 (2) ◽  
pp. 99-108
Author(s):  
Michael Frenkel ◽  
Lilli Zimmermann
Keyword(s):  
Energy Prices ◽  
Estimation Techniques ◽  
Price Competitiveness ◽  
Production Processes ◽  
World Demand ◽  
Fragmentation Of Production

AbstractThis article reviews several hypotheses that aim at explaining the development of German merchandise exports. Based on cointegration estimation techniques, we examine different determinants for their ability to explain German exports during the period 1992–2016. The estimation results indicate that, in addition to the traditional determinants (world demand and price competitiveness), other determinants, such as energy prices and the increasing fragmentation of production processes, are also crucial in explaining German exports.

Assessment of Post-Mining Condition of a Tungsten-Molybdenum Deposit and Possibility of its New Development

2020 ◽  
pp. 80-83
Author(s):  
R.O. Kalov ◽  
G.A. Bekarov
Keyword(s):  
Industrial Development ◽  
Innovative Technology ◽  
Final Decision ◽  
Energy Prices ◽  
Highly Qualified ◽  
Metallurgical Enterprise ◽  
Capital Costs ◽  
World Demand ◽  
High Volatility ◽  
Gravitational Processes

Reserves of the main Russian tungsten deposit, the Primorye Field, are close to depletion. In this connection, the feasibility of resuming the development of the Tyrnyauz tungstenmolybdenum deposit in the Kabardino-Balkar Republic (KBR) has been the subject of discussion for the past decade. According to industry experts, the ore field of this deposit still contains about 50% of the total tungsten reserves of the Russian Federation. However, implementation of the idea will be hindered by a number of both external and internal constraints. The world demand for tungsten and molybdenum is characterized with high volatility. Classical mechanisms to regulate the non-ferrous metals market in Russia are still rudimentary. The production infrastructure at the Tyrnyauz Plant has been completely destroyed, which means high capital costs for the project. The abandoned ore fields disturbed by industrial development have undergone serious changes due to intensive geochemical and gravitational processes. This physical and chemical transformation was caused by internal and external conditions which resulted in formation of migratory and toxic aggregates that had not been manifested at the time of the mine closure. As a result, the natural and man-caused evolution of ores and nonmetallic minerals has caused a significant reduction in the balance reserves of this deposit. The final decision regarding this project should be based on comprehensive understanding the obvious risks, which are impossible to avoid. Thus, if the decision is made to build a new metallurgical enterprise, it will then operate in the new market conditions with more stringent requirements regarding the mining and geological parameters of the deposit. Ore extraction and processing are inherently highly energy intensive processes. It is not an easy task to achieve its high profitability under conditions of constant and unpredictable growth in energy prices. Forecast investments to launch a new mining complex with innovative technology are too high; according to various estimates, they may reach 22-29 billion rubles. The generation of specialists who used to work at the mine before the Perestroyka is gone, and it will take years to create a new highly qualified team.

FRAGMENTATION, SKILL FORMATION AND INTERNATIONAL CAPITAL MOBILITY

2017 ◽  
Vol 65 (02) ◽  
pp. 335-350
Author(s):  
SUDESHNA MITRA ◽  
KAUSIK GUPTA
Keyword(s):  
Wage Inequality ◽  
Capital Mobility ◽  
Regime Change ◽  
International Capital ◽  
Skill Formation ◽  
International Capital Mobility ◽  
Production Processes ◽  
Fragmentation Of Production ◽  
The Impact ◽  
Production Fragmentation

During the last few decades an important feature of the on-going process of globalization is production fragmentation. Owing to the growing importance of international fragmentation of production processes the composition of international trade has indeed altered in recent years. Here we want to focus on production fragmentation which actually implies that the requirement for the intermediate goods can be met by producing it domestically or it can be imported from abroad. In this paper we want to examine the probable causes for a developing economy to switchover from a regime of no fragmentation to fragmentation. Here the impact of such a regime change has also been examined on wage inequality as well as on the incidence of skill formation within the economy. Moreover, we have examined here the impact of perfect international capital mobility on the economy in the context of regime change between fragmentation and no fragmentation.

The Need for a Broad-Based Model of Phonological Disorders

1992 ◽  
Vol 23 (3) ◽  
pp. 261-268 ◽  
Author(s):  
Alan G. Kamhi
Keyword(s):  
Speech Production ◽  
Phonological Disorders ◽  
Production Processes ◽  
Assessment And Treatment ◽  
Speech Delays ◽  
Explanatory Adequacy ◽  
State Of Affairs ◽  
Assessment Procedures ◽  
Treatment Procedures

My response to Fey’s article (1985; reprinted 1992, this issue) focuses on the confusion caused by the application of simplistic phonological definitions and models to the assessment and treatment of children with speech delays. In addition to having no explanatory adequacy, such definitions/models lead either to assessment and treatment procedures that are similarly focused or to procedures that have no clear logical ties to the models with which they supposedly are linked. Narrowly focused models and definitions also usually include no mention of speech production processes. Bemoaning this state of affairs, I attempt to show why it is important for clinicians to embrace broad-based models of phonological disorders that have some explanatory value. Such models are consistent with assessment procedures that are comprehensive in nature and treatment procedures that focus on linguistic, as well as motoric, aspects of speech.

Asymmetries in speed and accuracy of bilingual comprehension and production processes

2006 ◽  
Author(s):  
Wendy S. Francis ◽  
Pilar Regalado ◽  
Silvia P. Saenz ◽  
Gabriela Duran
Keyword(s):  
Production Processes ◽  
Speed And Accuracy

Global Financial Crisis and Its Impact on Russia

2009 ◽  
pp. 9-27 ◽  
Author(s):  
A. Kudrin
Keyword(s):  
Monetary Policy ◽  
Fiscal Policy ◽  
Financial Crisis ◽  
Central Bank ◽  
Global Financial Crisis ◽  
Developed Countries ◽  
Real Economy ◽  
Energy Prices ◽  
Russian Government ◽  
The Real

The article examines the causes of origin and manifestation of the current global financial crisis and the policies adopted in developed countries in 2007—2008 to deal with it. It considers the effects of the financial crisis on Russia’s economy and monetary policy of the Central Bank in the current conditions as well as the main guidelines for the fiscal policy under different energy prices. The measures for fighting the crisis that the Russian government and the Central Bank use to support the real economy are described.

Anti-crisis measures or structural reforms: Russia’s economic policy in 2015

2016 ◽  
pp. 5-33 ◽  
Author(s):  
V. Mau
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
Structural Transformation ◽  
Growth Model ◽  
Emerging Economies ◽  
Social Issues ◽  
Import Substitution ◽  
Structural Reforms ◽  
Energy Prices ◽  
New Models

The paper deals with 2015 trends and challenges for social and economic policy in the nearest future. The analysis of global crisis includes: uneven developments in the leading advanced and emerging economies; new models of economic growth which look differently in different countries; prospects of globalization and challenges of ‘regional globalization’; currency configurations of the future; energy prices dynamics and its influence on political and economic prospects of particular states. Current challenges are discussed in the context of previous 30 years. Among the main topics on Russia, there are approaches to a new growth model, structural transformation (including import substitution issues), economic dynamics, budget and monetary outlines, social issues. The priorities of economic policy are also considered.

Blockchain in Supply Chain: Case Study of Lottemart Ciputat

2019 ◽  
Vol 5 (1) ◽  
pp. 38-49 ◽  
Author(s):  
B. K. Handoyo ◽  
M. R. Mashudi ◽  
H. P. Ipung
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Information Asymmetry ◽  
New Technology ◽  
Business Case ◽  
Analysis Method ◽  
Chain Management ◽  
Production Processes

Current supply chain methods are having difficulties in resolving problems arising from the lack of trust in supply chains. The root reason lies in two challenges brought to the traditional mechanism: self-interests of supply chain members and information asymmetry in production processes. Blockchain is a promising technology to address these problems. The key objective of this paper is to present qualitative analysis for blockchain in supply chain as the decision-making framework to implement this new technology. The analysis method used Val IT business case framework, validated by the expert judgements. The further study needs to be elaborated by either the existing organization that use blockchain or assessment by the organization that will use blockchain to improve their supply chain management.

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