scholarly journals International Economic Convergence Applied to China

2021 ◽  
Vol 39 (3) ◽  
Author(s):  
Olha Prokopenko ◽  
Viktoriia Shcherbachenko ◽  
Ganna Muzychenko ◽  
Ding Xin ◽  
Yuriy Ossik

Objective: The objective of the article is to studied phenomenon of international economic convergence applied to China.Research Design & Methods: The analysis methods, synthesis, economic and managerial comparativists, economic statistics, Hofstede method are used in this work.Findings:  Authors have conducted comparative analysis of production and consumption within economic totalitarianism. This symbiosis of socialism and capitalism lies based on a convergent socio-economic system, the theoretical foundations of which reside at the beginning of creation.Implications & Recommendations: The changes in economic activity were tremendous at the end of the 20th and the beginning of the 21st century.  It has been identified that the current world experience includes de-globalization, re-industrialization, new economics and management. The conducted research will be useful for trade policy development, international economic relations with investigated countries.  Contribution & Value Added: The authors carried out an analysis of the cultures of the studied countries using the Greet Hofstede method. The role of Confucianism as a religion and philosophy in the economic development of China is revealed. The Chinese governance model is investigated that consists of three elements: democracy, experimentation between local and central government, meritocracy.

Author(s):  
Liudmyla Dermanska

The article considers the peculiarities of Ukraine's foreign economic activity in the development of international economic relations and identifies the impact of the taxation system on the import of goods into Ukraine on the fiscal consequences for domestic priorities. In particular, it is analyzed the share of VAT on imported goods in the structure of state budget revenues for 2016-December 2020, the dynamics of excise tax on goods imported into Ukraine and depending on the object of taxation in 2019, the volume and share of import duties in the structure revenues of the State budget. Particular attention is paid to issues related to the filling of the budget, namely, attention is focused on the structure of objects from which excise tax was paid on imports. In particular, the importance of such tools for regulating foreign economic activity as import duties is revealed, but its share in the structure of customs duties is not the most significant, and VAT charges significantly exceed revenues from customs duties on imports. It is emphasized that the priority task to overcome the existing contradictions in the field of foreign trade should be the introduction of an effective and adequate to the requirements of the time model of foreign economic activity. Because, as the results of a study of the activities of domestic enterprises - subjects of foreign economic activity show, the current model is outdated and inefficient and can not ensure the development of this area. The current state of affairs requires a number of sound management decisions backed by political will and economic expediency, and most importantly, not only in the field of fiscal policy. Therefore, the study of the peculiarities of Ukraine's foreign economic activity in the development of international economic relations and determining the impact of value added tax, excise tax and duties on fiscal consequences for domestic priorities allows us to determine that for a full-fledged solution of this range of issues requires a comprehensive approach and the formation of an appropriate strategy, the fundamental basis of which should be the concept of ensuring the fiscal interests of the state.


1995 ◽  
Vol 30 (4) ◽  
pp. 492-509 ◽  
Author(s):  
Nicholas Bayne

IN MY GOVERNMENT AND OPPOSITION/LEONARD SCHAPIRO lecture in 1993 I attempted an incomplete analysis of international economic relations after the end of the cold war, in particular the unexpected tensions and difficulties. The end of superpower confrontation had not only removed one incentive for Western countries to settle their economic disputes. It had also lowered the priority given to security issues, where national governments were in control, and had exposed their dwindling ability to take economic decisions, because of the extent of the interdependence which was the price paid for their prosperity. I could not think of a single area of domestic policy immune from international influence. Professor Susan Strange has developed a more trenchant analysis of this trend in her Government and Opposition/Leonard Schapiro lecture this year.


2002 ◽  
Vol 96 (1) ◽  
pp. 118-125 ◽  
Author(s):  
John H. Jackson

The problem of linkage between “nontrade” subjects and the World Trade Organization is certainly one of the most pressing and challenging policy puzzles for international economic relations and institutions today. It is extensively and harshly debated by political leaders and diplomats, at both the national and the international levels of discourse, and is one of several issues that derailed the WTO Third Ministerial Conference in Seattle in late 1999. It also posed problems for the Fourth Ministerial Conference in Doha, Qatar, in November of 2001, and it threatens to derail the successful functions of the WTO itself.


Sign in / Sign up

Export Citation Format

Share Document