Substantial unity of manifestation and mechanisms of financial capital market organization under the world economy globalization

2019 ◽  
Vol 25 (6) ◽  
pp. 1314-1327
Author(s):  
V.V. Metel'skaya ◽  
Keyword(s):  
Capital Market ◽  
World Economy ◽  
Financial Capital ◽  
The World ◽  
Market Organization ◽  
Economy Globalization

scholarly journals On the Necessity of Convergence of Chinese Accounting Standards towards Internationalization

2021 ◽  
Vol 7 (4) ◽  
pp. p89
Author(s):  
Ruoxi Chen ◽  
Qiang Yu
Keyword(s):  
Economic Development ◽  
Capital Market ◽  
World Economy ◽  
Accounting Standards ◽  
Business Environment ◽  
Financial Capital ◽  
Accounting System ◽  
Productivity Level ◽  
Economic Information ◽  
The World

At present, the trend of economic globalization is in full swing, the trade exchanges between countries around the world are deepening, and the international financial capital market is booming. At the same time, the world’s scientific and technological revolution is changing with each passing day, and the productivity level of each country has developed rapidly, thus driving the rapid growth of the world economy. In this case, if the accounting standards of countries around the world, which reflect the processing means of economic information, are unable to converge with the international community, in the long run, It will inevitably lead to great international trade barriers, which will make the transaction costs remain high, and the transmission of key economic information lags behind slowly, eventually resulting in unnecessary waste of means of production, thus making it difficult to promote the coordinated progress of the economies of various countries efficiently. Therefore, in order to establish a good financial capital market order, maintain a stable and positive world economic level, and improve the happiness index of people all over the world, it is particularly necessary to call on all countries in the world to build international convergence of accounting standards. As the mainstay of world trade, China is obliged to improve its own accounting system and adapt to the global economic development. Therefore, its accounting standards will strive to converge with internationalization in the future, which is not only just needed by China’s own economic development. At the same time, it is also of great practical significance for the development of the world economy. However, due to the influence of specific factors such as national conditions, economic environment and historical issues, the internationalization route of China’s accounting standards has a long way to go. Based on this, we should rationally analyze the background and initial intention of the convergence of China’s accounting standards to international accounting standards, and deal with differences and consequences according to China’s accounting treatment and international standards brought by specific business environment. Then, proceeding from China’s national conditions, combining with the differences in the above accounting standards, objectively analyzing the problems and the deeper reasons behind the internationalization of China’s accounting standards by combining quantitative and qualitative methods, finally, prescribing the right medicine, proceeding from reality, taking the basic principle of Marxism-materialist dialectics, and realistically making targeted suggestions on the internationalization convergence of China’s accounting standards, aiming at making a modest contribution to the academic development of accounting standards by taking China as a reference.

The world economy

1998 ◽  
Vol 165 ◽  
pp. 35-42
Author(s):  
Nigel Pain
Keyword(s):  
Capital Market ◽  
World Trade ◽  
Global Economy ◽  
World Economy ◽  
Domestic Demand ◽  
The World ◽  
Asian Economies ◽  
Trade Growth ◽  
The Impact ◽  
The Capital Market

Developments in the Asian economies have clearly begun to be felt in the wider global economy in recent months. It has always been expected that the OECD economies would be affected by the aftermath of the capital market turmoil last year, although the timing and magnitude of the impact was difficult to predict. Domestic demand in the affected Asian economies has proved much weaker than expected, with the effects magnified by a continued downturn in Japan. GDP fell by 5¾ per cent in Korea in the first quarter of this year and by 1¼ per cent in Japan. The aggregate volume of merchandise imports in Asia is expected to decline by around 5½ per cent this year, with falls of up to 25 per cent in countries such as Korea, Thailand and Indonesia. This largely accounts for our projected decline in world trade growth to under 6 per cent this year from an estimated 9¾ per cent in 1997.

Demokratie und wirtschaftsordnung

1996 ◽  
Vol 5 (2) ◽  
Author(s):  
Josef Thesig
Keyword(s):  
Capital Market ◽  
World Economy ◽  
Economic Order ◽  
Global Policy ◽  
Global Capital ◽  
Rapid Changes ◽  
The World ◽  
Market Democracy ◽  
Main Factor

The article analyses two concepts: democracy and economic order. Since 1989 the world was a witness of rapid changes as never before. In the world economy we can see a globalization, nations and regions are determine by global policy, world economy and global capital market. Democracy needs a substantial economics base. This base is main factor of its stability.

Brain Drain or Links to the World: Views on Emigrants from Singapore

1994 ◽  
Vol 3 (2-3) ◽  
pp. 411-429 ◽  
Author(s):  
Yap Mui Teng
Keyword(s):  
Brain Drain ◽  
World Economy ◽  
Value Added ◽  
High Technology ◽  
Government Officials ◽  
The World ◽  
Economy Globalization ◽  
The Relationship ◽  
External Economy ◽  
Offshore Activities

The changes in Singapore's recent policies toward emigration correspond with the growing importance given to Singaporean overseas business ventures. Moving from viewing emigration as brain drain and the decision to migrate as an act of disloyalty to the nation, recent statements by government officials have begun to identify the overseas community as a valuable link to the world economy. “Globalization” and more recently “regionalization” are the popular terms which indicate Singapore's current economic strategy of shifting from a focus on high technology, high value added industries to a program of building an external economy through overseas expansion and the promotion of offshore activities. The Singapore example suggests that, in an increasingly borderless world, the relationship between emigration, citizenship and national loyalty will require reconsideration.

scholarly journals CURRENT TRENDS IN ENSURING THE COMPETITIVENESS OF COUNTRIES IN THE GLOBAL ECONOMY

2020 ◽  
pp. 55-63
Author(s):  
Tetiana Marchenko ◽  
Vitalii Okhota
Keyword(s):  
Economic Development ◽  
Global Economy ◽  
World Economy ◽  
National Interests ◽  
National Importance ◽  
Theoretical Approaches ◽  
Modern Development ◽  
The World ◽  
Economy Globalization ◽  
National Economies

Introduction. Modern development of the world economy and especially the processes of globalization of the world economy, increasing the interdependence of economies, the formation of global commodity and financial markets have led to increased interest in the problem of increasing the competitiveness of countries involved in these processes. Issues of competitiveness at the level of the economy in the degree of urgency are among the issues of national importance, as they are closely linked to the achievement of dynamic economic development of the country and improving the living standards of its population. Methods. The theoretical and methodological basis of the study is the fundamental provisions of economics, the work of domestic and foreign economists to study the competitiveness of countries in the global economy. Materials of publications in periodicals, monographs on the researched problem are used in the article. Results. The main theoretical approaches to determining the competitiveness of countries in the global economy are considered in the article. The main functions of the state in strengthening the position of competitiveness of countries in the context of strengthening globalization are highlighted. Ukraine's positioning in the ranking of countries by the level of globalization is made and proposals are made to increase its competitiveness in the global economy. Discussion. The analysis of the positions of competitiveness of countries in the global economy provides an opportunity to deepen the theoretical and methodological foundations and development of practical recommendations for improving the competitiveness of Ukraine, which forms the prospects for further scientific research. Key words: competitiveness of countries, global economy, globalization, national economies, national interests, internationalization, economic development.

Pengaruh Covid-19 terhadap Indeks Harga Saham Gabungan (IHSG) dan Nilai Tukar Rupiah

2021 ◽  
Vol 3 (2) ◽  
pp. 313-323
Author(s):  
Nisa Alfira ◽  
Muhammad Iqbal Fasa ◽  
Suharto Suharto
Keyword(s):  
Exchange Rate ◽  
Financial Institutions ◽  
Capital Market ◽  
Stock Price ◽  
World Economy ◽  
Price Index ◽  
The World ◽  
Islamic Financial Institutions ◽  
Stock Price Index ◽  
The Impact

The purpose of this study was to determine the effect of the Covid-19 pandemic on the Composite Stock Price Index (IHSG) and the rupiah exchange rate in Indonesia. The research method used is descriptive qualitative by describing the existing phenomena. The results show that the impact of the Covid-19 pandemic does not only affect public health, but also affects the Indonesian economy, especially in Islamic financial institutions in the Islamic capital market, namely the Composite Stock Price Index and the weakening of the rupiah exchange rate. The pandemic has also been proven to have put pressure on the world economy, including Indonesia.

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