INTERNATIONAL BUSINESS IN THE CONDITION OF THE CORONA-CRISIS

Author(s):  
Karina Pasulka ◽  
◽  
Nataliya Kushnir ◽  

Introduction. The situation in the global economy and business during the COVID-19 pandemic is analyzed in this article. More than 30 million people worldwide have already been infected with the coronavirus, which came from China. However, the spread of the disease has also had an extremely serious impact on the economies of various countries in the world. The Organization for Economic Co-operation and Development has already said that it will take many years for the world to recover from the pandemic. EU GDP in the second quarter of 2020 showed a record decline - 14.4% year on year. The German economy returned to the level of 2011, the Spanish - in 2002, and the Italian economy was rejected in the early 1990s. These and other characteristics show the importance of research on this topic and problem, because it does not apply to a particular region or a particular country, but the whole world.

2017 ◽  
Vol 5 (1) ◽  
pp. 195
Author(s):  
Prof.as.dr.Sonela Stillo ◽  
PhD.Cand. Gentisa Furxhi ◽  
Doc.Dr. Marinela Teneqexhi

Nowadays, international business has a relevant role in the global economy. This is due to the connection that international business has with globalization. Also, innovation has a key role in the development of international business. Innovation is considered like the basic dynamic of today economy development. The role of innovation can be evaluated, by other stakeholders who operate in the same market, as an important factor of increasing the company’s value. A country that is interested to has his own innovation in order to develop his national economy, has to establish research and development centres, research institutes , universities, etc. Globalization development is associated with the development of basic rights for the protection and the development of "global products’. Different countries vary in the extent to which they protect intellectual property and enforce intellectual property regulations. The presence of strong, enforceable, consistent property rights serves to make the world flatter. However, as long as significant differences in property rights exist around the globe, the world will be far from flat with respect to innovation.In this paper, we will focus in intellectual property. We will explain what the intellectual property is, and what are the types of intellectual property. Further, we will see the differences in legislation that different countries have in the protection of intellectual property. At the end of this paper we will focus at the innovation of the business in Europe and in Albania.


2021 ◽  
Vol 2 (1) ◽  
pp. 35-41
Author(s):  
Victoria Kokorina

The purpose of the paper is to identify and assess impact of global innovation factors of modern international business development and the world economies development. Methodology. The study uses methods of specification and systematic analysis – to determine factors of global economic environment, global innovation factors, statistical and economic methods – to analyze impact of global innovation factors on the development of international business and economies. Results of the survey shows impact of innovation development of global economy on macroeconomic, technological, legal, political and cultural environment of global economic environment of international business development; dynamics of global criteria of integrated indicators to determine impact of global innovation factors on the world economies development. Practical implications. The factors of global economic environment in the conditions of global innovation development form a regular tendency of transformation of international business development which causes its new structure and qualitative condition. The Global Competitiveness Index (GCI) assesses the imperatives of global competitiveness: institutions, infrastructure, ICT adoption, macroeconomic stability, health, skills, product market, labor market, financial system, market size, business dynamism, innovation capability, – related to rapid spread of ICT and digital technologies, idea generation, entrepreneurial culture, innovation, openness and innovation adaptability. The Global Innovation Index (GII) is used to assess comprehensively global innovation factors and innovation development of the world`s countries in the global economy system. With innovation factors management, estimated by GII, the prospects of innovation development of the world economies could be shown. The GII contains the pillars of the country’s innovation development: institutions, human capital and research, infrastructure, market sophistication, business sophistication, knowledge and technology outputs, creative outputs. Value/originality. The analysis assesses of international indices of innovation development, the complexity of innovation process, the innovation activity and innovation potential for the development of international business and the world economies. The methodology of indices concerning the pillars of the innovation development or the innovation capacity of countries helps to predict the innovation factors of the national economy development of a country and the environment of international business.


2001 ◽  
pp. 13-17
Author(s):  
Serhii Viktorovych Svystunov

In the 21st century, the world became a sign of globalization: global conflicts, global disasters, global economy, global Internet, etc. The Polish researcher Casimir Zhigulsky defines globalization as a kind of process, that is, the target set of characteristic changes that develop over time and occur in the modern world. These changes in general are reduced to mutual rapprochement, reduction of distances, the rapid appearance of a large number of different connections, contacts, exchanges, and to increase the dependence of society in almost all spheres of his life from what is happening in other, often very remote regions of the world.


2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin

The author compares several quantitative and qualitative approaches to forecasting to find appropriate methods to incorporate technological change in long-range forecasts of the world economy. A?number of long-run forecasts (with horizons over 10 years) for the world economy and national economies is reviewed to outline advantages and drawbacks for different ways to account for technological change. Various approaches based on their sensitivity to data quality and robustness to model misspecifications are compared and recommendations are offered on the choice of appropriate technique in long-run forecasts of the world economy in the presence of technological change.


Author(s):  
E. Smirnov

In the context of digitalization in the world, competition is intensifying, lead-ing to a significant transformation of international business and a change in the development strategies of global digital platforms in the global market. The article analyzes and summarizes the prevailing approaches to competition and antitrust policy in the context of the “platformization” of the world economy and its impact on international economic dynamics.


2020 ◽  
Vol 2 (3) ◽  
pp. 153-158
Author(s):  
E. V. YANUSIK ◽  

The article discusses the main prerequisites for the development of nuclear energy in the global econo-my, also defines nuclear energy and discusses the structure of global energy consumption. The article proves that the crucial prerequisite for the development of nuclear energy in the world market is the economic efficiency of nuclear power plants.


Author(s):  
Руслан Гринберг ◽  
Ruslan Grinberg ◽  
Леонид Гринин ◽  
Leonid Grinin ◽  
Андрей Коротаев ◽  
...  

The modern deflationary phenomena in the western and global economy are attributed to the fact that currently it is at the downward phase of the fifth long K-wave. Deflation has always been typical for the depressive periods in economy; presently it also manifests itself as the world economy has turned global, yet it lacks any control mechanisms. The authors suppose that a new economic crisis will break out in the western economy in the second half of 2018–2019 and that the depressive and deflationary trends will continue for another number of years.


Author(s):  
Matthew A. Shadle

The conclusion looks at the teaching of Pope Francis, considering the possibility that it represents the emergence of a new framework for Catholic social teaching. Pope Francis has emphasized that the encounter with Jesus Christ brings about an experience of newness and openness. He has also proposed a cosmic theological vision. His concept of “integral ecology,” introduced in his encyclical Laudato Si’, illustrates how human society is interconnected with the natural ecology of the planet earth and the entire cosmos. He proposes that the economy, society, culture, and daily life are all interconnected “ecologies.” In a speech to the World Meeting of Popular Movements in 2015, Pope Francis also explains how social movements devoted to local issues can nevertheless have a profound effect on the structures of the global economy. In his teachings, Pope Francis presents an organicist and communitarian vision of economic life.


Author(s):  
Matthew A. Shadle

In recent years the economy has become globalized. Globalization is the increased flow of goods, services, capital, people, and culture facilitated by innovations in transportation and communication technologies. This chapter examines the phenomenon of globalization and its impact on Catholic social teaching. It looks, in particular, at Pope Benedict XVI’s encyclical Caritas in Veritate. Pope Benedict criticizes how the current global economy exploits and excludes vulnerable populations around the world. Caritas in Veritate further develops the communio framework initiated by John Paul II and proposes that the communion of the three Persons of the Trinity provides a model for the shape globalization should take, recognizing unity in the midst of diversity. The chapter also looks at how Catholic social thought itself is globalizing, examining in particular the work of Mary Mee-Yin Yuen from Hong Kong and Stan Chu Ilo from Nigeria.


Author(s):  
Chris Wickham

Building on impressive new research into the concept of a ‘global middle ages’, this chapter offers insights into how economic formations developed around the world. Drawing on new research on both Chinese and Mediterranean economies in the ‘medieval’ period, it compares structures of economy and exchange in very different parts of the world. The point of such comparisons is not simply to find instances of global economic flows but to understand the logic of medieval economic activity and its intersections with power and culture; and, in so doing, to remind historians that economic structures, transnational connections, and the imbrications of economy and politics do not arrive only with modernity, nor is the shape of the ‘modern’ global economy the only pattern known to humankind.


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