scholarly journals The prospects of the economic cooperation of the Russian Federation and the Republic of Korea amidst the expanding trade wars in the modern world

2020 ◽  
Vol 15 (4) ◽  
pp. 139-147
Author(s):  
S. S. Serafimovna ◽  
S. E. Andreevna
Keyword(s):  
World Economy ◽  
Bilateral Trade ◽  
Economic Cooperation ◽  
Strategic Partnership ◽  
Republic Of Korea ◽  
Modern World ◽  
Current State ◽  
The World ◽  
The Republic ◽  
Trade Wars

Introduction. The paper is devoted to the review of the current state of economic cooperation between Russia and the Republic of Korea under the influence of the main trends in the development of the world economy in 2019. There is presented the analysis of the achieved results of Russian-Korean cooperation, taking into account the complications of the internal economic situation in each country. The prospects of development of mutual economic cooperation in the context of continuing unfavorable trends of protectionism and trade wars in the world are assessed.Materials and methods. The study uses expert, statistical and comparative analysis, analysis of the empirical data, as well as the methods of induction, deduction, analogy, generalization.Results. As a result of the analysis, the key features of economic cooperation between Russia and the Republic of Korea at the present stage were identified, an assessment of the current state of trade and investment relations between the two countries is given; the prospects of further development of bilateral trade and economic relations are analyzed with consideration to the foreign policy factors and the situation in the world economy.Discussion and conclusion. As the presented study showed, at present the most important sphere of interaction between countries is foreign trade. Traditionally, bilateral trade is the determinant in the relations between Russia and the Republic of Korea. The urgent task for both countries is to formulate a coordinated strategy for the long-term economic cooperation taking into account the challenges that the global and national economies face, and to achieve the level of “strategic partnership” in the bilateral relations in the near future.

scholarly journals Current state and development prospects of the construction industry

2021 ◽  
Vol 34 (02) ◽  
pp. 916-925
Author(s):  
Kheda Murtazova ◽  
Salambek Aliyev
Keyword(s):  
Construction Industry ◽  
World Economy ◽  
Economic Transformation ◽  
Global Market ◽  
Modern World ◽  
Construction Companies ◽  
Current State ◽  
Construction Organizations ◽  
The World ◽  
The Impact

The relevance of the research topic is due to the fact that construction companies in a difficult period in 2020 faced risk problems and many construction companies declared themselves bankrupt during this period. The globalization of the modern world defines more and more severe challenges for national economies around the world. Taking into account the modern patterns of development of the world economy, it is important for the national economy of each state to have a competitive advantage, thanks to which it will develop. The purpose of this article is to analyze the current state of the construction industry both in Russia and throughout the world, analyze existing problems, and develop measures aimed at solving them. In studying the economic situation of this industry, indicators such as volume dynamics were considered. construction works and the dynamics of the number of construction organizations. In addition, the work identified factors that limit the activities of construction organizations and the prospects for the development of the construction industry both in Russia and around the world. This paper defines actions to solve the problems of the construction industry, and also determines the expected results of the implementation of these measures. The construction industry also sets the level of economic development, is a very important sector in the economy of many countries of the world. The development of construction services all over the world has been gaining momentum in the past few decades and is developing very dynamically. However, the construction industry is very sensitive to even minor fluctuations in the global market. The subject of the research was the cause-and-effect relationships of the problems and prospects for the development of the construction industry both in Russia and at the global level in the context of the economic transformation of the world economy. In this paper, using SWOT data analysis, the strengths and weaknesses of the construction industry, threats and opportunities of the external environment in the modern conditions of development of both the Russian economy and the international market are analyzed. A working hypothesis of the study was formed. This hypothesis was tested in the framework of a scientific and practical seminar with the participation of representatives of universities that are engaged in the development of the construction industry, as well as with the participation of heads of construction companies. The article describes the current state of the construction industry in modern conditions of development both in Russia and abroad. A hypothesis is put forward about the impact of the crisis on the current state of the construction industry of the world market, measures are proposed to solve the identified problems of the development of the construction industry in Russia within the framework of the coordinated work of the authorities, universities of the country and business.

scholarly journals Development of the electronic trade market in the world economy and in the macroeconomic conditions of Ukraine

2020 ◽  
pp. 132-138
Author(s):  
Lesia Tirbakh ◽  
Galina Chaban
Keyword(s):  
Electronic Commerce ◽  
World Economy ◽  
Economic Effect ◽  
Comprehensive Analysis ◽  
Modern World ◽  
Electronic Market ◽  
Electronic Trade ◽  
Macroeconomic Conditions ◽  
Current State ◽  
The World

Relevance of the research topic. This article reveals the features of the development of the e-commerce market in the world economy and in Ukraine. The analysis of the state of the e-commerce market is carried out: the main players of the e-commerce market are highlighted, sales volumes are analyzed. It was determined that e-commerce is a relatively new type of economic activity, which is rather actively developing in Ukraine. Particular attention is paid to the structure of e-commerce. The problems and directions of development of electronic commerce in Ukraine are also indicated. Formulation of the problem. The problem of e-commerce market development in the world economy and in Ukraine is its structure and new directions of e-commerce development. Analysis of recent studies and publications, which began to solve this problem. The current state of functioning of the e-commerce market in Ukraine in recent years has been studied in the scientific works of N. Apatov, L. Glinenko, Yu. Dainovskiy, A. Maslov, S. Malovichko, A. Chubukov, R. Tsarev and others. In the works of domestic scientists, the analysis of market trends in the electronic market is not considered deeply enough. This problem requires research and affects the development of relations in the Ukrainian e-commerce market. The allocation of previously unresolved parts of the general problem, which the article is devoted to, should be attributed as a result containing an element of scientific novelty, it is possible to position a comprehensive analysis of the current state of the e-commerce market in Ukraine and the world, its structure, features, main problems and development directions. Statement of the problem, the purpose of the study is to study the main characteristics of the modern world and Ukrainian e-commerce market, therefore, the purpose of this article is a comprehensive analysis of the e-commerce market in Ukraine and the world. Method or methodology of research: in the article, the study is based on the theory of scientific knowledge, a systematic approach to the problems under consideration, the study of their relationship and development. Presentation of the main material (results of work). Substantiated what e-commerce is. Proposals on the problems and directions of development of e-commerce in Ukraine. Conclusions in accordance with article. The article notes the positive economic effect of electronic commerce, which is recognized by the world and Ukrainian markets, which is confirmed by the indicators for the Ukrainian electronic market.

scholarly journals UZBEKISTAN AND THE REPUBLIC OF KOREA: HISTORY MEETS AT THE HIGHEST LEVEL

2021 ◽  
Author(s):  
Muhammadbobur TURAXODJAEV ◽  
Keyword(s):  
Strategic Partnership ◽  
Republic Of Korea ◽  
Technical Cooperation ◽  
Chronological Order ◽  
Bilateral Relations ◽  
Current State ◽  
History Of ◽  
The Republic ◽  
High Level ◽  
Heads Of State

The article is devoted to the history of high-level meetings, in it, in chronological order, the visits of the heads of state are considered. The author analyzes the results of the meetings, highlights the current state and main trends in the field of trade, economic and technical cooperation between the Republic of Uzbekistan and the Republic of Korea. The article emphasizes that relations between Uzbekistan and South Korea have grown into a strategic partnership, bilateral relations are developing in political, trade, economic, investment, cultural, humanitarian and other spheres.

scholarly journals CURRENT STATE OF THE WORLD OIL MARKET

2021 ◽  
Vol 80 (1) ◽  
pp. 48-53
Author(s):  
A.A. Yeshtayeva ◽  
◽  
N.E. Dabyltaeva ◽  
◽  
Keyword(s):  
World Economy ◽  
World Market ◽  
Oil Products ◽  
Market Development ◽  
Modern World ◽  
Oil Market ◽  
Current State ◽  
The World ◽  
Oil And Oil Products

This paper discusses issues related to the current state of the world oil market. The system of indicators of the development of the world oil market has been determined. Analyzed the current state of the world oil market and changes in it that followed due to the outbreak of coronavirus and the rupture of the OPEC + deal. The modern world market for oil and oil products is one of the key markets in the world economy, which explains the importance of its research in the context of analyzing industry markets. The basic forecast of the development of the world oil market for 2020 is considered. The reasons for the change in the forecast of the oil market development for 2020 are revealed.

scholarly journals PROSPECTS OF DEVELOPMENT OF GEORGIA`S TRANSIT FUNCTION AND ITS IMPACT ON THE COUNTRY`S ECONOMY

2019 ◽  
Vol 4 (7) ◽  
pp. 104-116
Author(s):  
IRAKLI DANELIA
Keyword(s):  
Economic Development ◽  
World Economy ◽  
Panel Data Analysis ◽  
Economic Cooperation ◽  
Modern World ◽  
Medium Size ◽  
The Caucasus ◽  
Member States ◽  
The World ◽  
Transport Logistics

Depending on geographical location, the development of Georgian economy was directly related to the efficient use of transit function. For Georgia, as a transit function, the importance of transportation infrastructure is important in the formation of its geo-economic positioning strategy. The acquisition, realization and development of Georgia›s transport potential began in the 90s of the 20th century. Nevertheless, complex research and analysis on the possibilities of development of transit function of the country in Georgian economic literature is not practically investigated yet. Morover, there are not identified determinants on the development of the sector, and their impact on the economic development of the country is not defined either. The study aims to analyze capabilities of Georgia›s transit potential and to determine its influence on economic development of the country in the process of integration of modern world economy. The following objectives are derived: • Identification of significant stimulant determination of development of transport / logistics field and its effectiveness; • Establishment of transit / logistics potential for economic development of the country. The objective of the research is the transport and logistics sector in the Member States of the Organization for Economic Cooperation and Development, the Caucasus and Central Asian countries as an important instrument of economic development of the country. The research is subject to comparative analysis of the targeted and consequential indicators of transport and logistics sector in the member states of the Organization for Economic Cooperation and Development, in the Caucasus and Central Asia. The theoretical foundation of the research is the works of various Georgian and foreign researchers about the study. The survey was based on the World Bank, the Organization for Economic Development and Cooperation, Eurostat, National Statistics Office of Georgia, Georgian and Foreign Professionals, Georgian and Foreign Marine Ports, Railway and Motor Operators, as well as the laws of Georgia. The work is based on analysis and synthesis, quantitative, qualitative, groupings, and medium-size, graphic expression, indexing, comparison, regression and correlation methods. The scientific innovation of the research is the attempt to conduct a complex examination of transit capabilities in Georgia, as a result of which: • Using the Panel Data Analysis Method is reasonable as the development of the transport / logistics sector is a very positive role in the socio-economic development of the country, the main determinant of which is the infrastructural investment. • Panel examinations and econometric calculations for member and partner countries of the Organization for Economic Co-operation and Development (OECD) with transit function and sea exit confirmed that investments in the transport/logistics infrastructure of these countries are the most efficient. The paper can be used to overcome the challenges of successful transit systems in Georgia and its successful integration into the world economy. Consequently, the findings and recommendations of the research topic are appropriate for the Ministry of Economy and Sustainable Development, the Ministry of Regional Development and Infrastructure, the Parliament of Georgia and other sectoral authorities, non-governmental organizations, scientific organizations and other stakeholders. In the process of teaching geo-economics, «international economy», «world economy» and their neighboring disciplines.

scholarly journals Prospects for Trade and Economic Cooperation between the Kingdom of Morocco and the Republic of Azerbaijan

2018 ◽  
Vol 83 (4) ◽  
pp. 102-110
Author(s):  
S. Gacim
Keyword(s):  
Foreign Trade ◽  
Bilateral Trade ◽  
Economic Cooperation ◽  
Trade Relations ◽  
Current Trends ◽  
Current State ◽  
Positive Balance ◽  
Simultaneous Existence ◽  
The Republic ◽  
Virtual Platform

The article examines the current trends and prospects for trade and economic cooperation between the Kingdom of Morocco and the Republic of Azerbaijan. The author considers the factors that determine the current state of bilateral trade and economic cooperation. It has been established that in modern conditions, the importance of the Azerbaijan Republic as an international economic partner of the Kingdom of Morocco is growing, which is due to the increasing role of Azerbaijan in the world economy through energy supplies. On the basis of statistical data of the two countries, a comparative analysis of foreign trade of the Kingdom of Morocco with the Republic of Azerbaijan and foreign trade of the Republic of Azerbaijan with the Kingdom of Morocco has been conducted for the period from 2009 to 2016. The paradox, which is the simultaneous existence of a positive balance in the bilateral trade of each of the countries being studied, has been revealed and explained. It has been proved that trade relations between the two countries are fragile. The problem of intermediaries in trade operations between the two countries has been underlined. The author concludes that the level of development of bilateral trade and economic cooperation of the Kingdom of Morocco with the Republic of Azerbaijan is low and there is a need to introduce appropriate organizational mechanisms for its development. Promising areas of bilateral trade and economic cooperation have been identified, for the revitalization of which the creation of an interactive virtual platform “Economic Cooperation between the Kingdom of Morocco and the Republic of Azerbaijan” has been proposed.

scholarly journals Ferrous metallurgy in the era of trade wars

2019 ◽  
Vol 7 (1) ◽  
pp. 41-45
Author(s):  
Светлана Муртузалиева ◽  
Svetlana Murtuzalieva
Keyword(s):  
Ferrous Metallurgy ◽  
Chemical Industry ◽  
World Economy ◽  
Metallurgical Industry ◽  
Engineering Construction ◽  
Military Equipment ◽  
Current State ◽  
The World ◽  
Steel Market ◽  
Trade Wars

Today, ferrous metallurgy has a huge role in the development of many sectors of the economy, such as: energy, chemical industry, engineering, construction, and the production of weapons and military equipment. Thus, the state of the metallurgical industry determines the development of many industries and the world economy as a whole. The article presents the results of a study of the current state of the metallurgical industry, a description of the trends in the development of the global steel market and its participants.

Russia and China: The Vector of Development of Economic Cooperation

2004 ◽  
pp. 113-122
Author(s):  
L. Kabir
Keyword(s):  
World Economy ◽  
Economic Cooperation ◽  
Point Of View ◽  
Basic Commodity ◽  
The World ◽  
Economic Ties

This article considers the basic tendencies of development of trade and economic cooperation of the two countries with accent on increasing volumes and consolidating trade and economic ties in Russian-Chinese relations. The author compares Russian and Chinese participation in the world economy and analyzes the counter trade from the point of view of basic commodity groups.

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