DEVELOPMENT OF THE WORLD MARKET OF SERVICES IN TURBULENCE CONDITIONS AND CHANGES

2017 ◽  
Author(s):  
Larysa Nosach ◽  
◽  
Victoria Morgun ◽  
Keyword(s):  
Economic Development ◽  
International Trade ◽  
Service Sector ◽  
World Market ◽  
Global Dimension ◽  
Trade In Services ◽  
Current State ◽  
The World

The author's research of the current state and features of the development of the world market for services in conditions of turbulence of world processes was carried; the world leaders of the service sector in the global dimension and leaders of the most dynamic articles of service categories were identified; the share of world exports of services by countries by the level of their economic development was justified; weaknesses in the assessment of indicators of international trade in services were identified; the research is based on UNCTAD statistics.

scholarly journals FEATURES OF PARTICIPATION OF RUSSIAN BUSINESS ENTITIES IN THE INTERNATIONAL TRADE OF SERVICES

Globus ◽  
2021 ◽  
Vol 7 (1(58)) ◽  
pp. 29-31
Author(s):  
O.K. Lugovskaya ◽  
R.S. Streletsky
Keyword(s):  
International Trade ◽  
Service Sector ◽  
World Market ◽  
Trade In Services ◽  
The World ◽  
Trade Of Services ◽  
Business Entities

The article reveals the features of the presence of Russian business entities in the world market of services. The reasons for the complexity of statistical accounting of the service sector in international trade are grounded. It also considers promising areas of Russia’s participation in international trade in services and ways to increase the competitive stability of national companies.

POSSIBILITIES OF REALIZATION OF SERVICE SECTOR POTENTIAL IN THE GLOBAL ECONOMY

2021 ◽  
Author(s):  
Oksana Melnichuk
Keyword(s):  
International Trade ◽  
Gross Domestic Product ◽  
Global Economy ◽  
World Economy ◽  
Service Sector ◽  
Developing Economies ◽  
Domestic Product ◽  
Trade In Services ◽  
Services Sector ◽  
The World

The relevance of the study is due to the growing role of services in the world economy. Trade in services has become the dominant driver of economic growth and development in both developed and developing economies. Since the 1980s, data suggest that there is a stronger relationship between trade in services and gross domestic product (GDP) than in the case of commodity growth and GDP. It is noted that the quality of policies, regulations and institutional frameworks is a key factor in determining the effectiveness of services. As services are increasingly subject to liberalization through multilateral and regional trade agreements, it is important that countries develop harmonized approaches to internal regulation and trade liberalization in the services sector. The article identifies the features and characteristics of the service sector as a factor of multifaceted development and growth. The dynamics of international trade in services by geographical structure and types of development of countries is studied on the basis of statistical data of international organizations, taking into account the impact of the pandemic. It is noted that international trade in services is becoming an increasingly important part of global commerce. The problematic aspects of the activity of small business entities to enter foreign markets of services are considered. The issue of urgency of digital economy development for the sphere of services and contribution to world markets is outlined. Opening up the services sector has the potential to bring great benefits and deserves more attention. Further prospects for the realization of entrepreneurial potential in a comprehensive global economy are outlined. It is noted that services are an important part of the world economy, generating more than two-thirds of world gross domestic product (GDP), attracting more than three-quarters of foreign direct investment in developed economies, and creating most of new jobs worldwide. Establishing effective coordination mechanisms between trade negotiators, policymakers and regulators will be an important tool for the development of the global economy.

scholarly journals Problems of the international tourism market improvement in Georgia

2019 ◽  
pp. 17-27
Author(s):  
Анзор Хемидович Девадзе ◽  
Іраклій Ахмедович Кордзаія ◽  
Ксенія Вікторівна Чичуліна
Keyword(s):  
Economic Development ◽  
World Market ◽  
Market Development ◽  
International Tourism ◽  
Direct Impact ◽  
Current State ◽  
The World ◽  
Tourism Services ◽  
Practical Recommendations

The paper analyzes the current state of the international tourism market development and presents current problems hampering its development in Georgia. Based on this analysis, the authors offer practical recommendations to improve the competitiveness of the tourism Georgia market in the world market of international tourism services. This has a direct impact on the economic development of the country.

scholarly journals Trends of International Trade in Services: Integration Opportunities for Ukraine

2017 ◽  
Vol 4 (3-4) ◽  
pp. 74-81
Author(s):  
Tetyana Bodnarchuk ◽  
Volodymyr Lysak
Keyword(s):  
International Trade ◽  
Industrial Development ◽  
Service Sector ◽  
Trade In Services ◽  
Service Market ◽  
Endogenous Factors ◽  
International Service ◽  
Trade Relations ◽  
The World ◽  
Post Industrial

In the article the main trends and patterns of the development of international trade in services in the period of post-industrial development of the world economy are considered. Ukraine’s competitive positions on international service market are outlined. The main endogenous factors of enhancing the country’s integration to the world trade relations system in service sector are determined

scholarly journals Globalization processes and their influence on the international business development

2020 ◽  
pp. 17-21
Author(s):  
Yuliia PRODIUS ◽  
Kseniia KOVTUNENKO ◽  
Kateryna BONDARENKO
Keyword(s):  
International Trade ◽  
Global Economy ◽  
World Market ◽  
Theoretical Research ◽  
Industrial Companies ◽  
Current State ◽  
Significant Difference ◽  
The World ◽  
Late Twentieth ◽  
Local Companies

The purpose of the paper is to consider aspects of the globalization process that are important factors of global development, to assess the current state of the world, which is defined by scientists as critical. Globalization is a new phenomenon in the expansion of international trade that emerged in the late twentieth century. This was due to the opening of many industrial companies. In other words, «globalization» is a word that can be defined in different ways, depending on its field of application, whether it is a personal company, business national or global in general. World trade has a significant difference compared to the market in one country. Among the keys to a company`s success are things that local companies don`t have to think about. Therefore, it becomes necessary to study the peculiarities of conducting and managing international trade carefully. The growing importance of transnational corporations as actors in the global economy, the transformation of their strategic motivations and practical actions are becoming increasingly global and putting pressure on the interests of virtually all countries and regions, leading to new approaches to theoretical research and practical regulation of TNCs. The development and operation of TNCs is carried out through multiple integration of the international market. As the market expands, companies often face the dilemma of choosing from all possible sources in the country the best indicators of the world market, including goals and objectives. At the same time, the behavior of global trading companies during the transition to the world economy is very ambiguous, which leads to further research in this direction.

Changing Composition and Growth Performance of Services Sector in India after Liberalization

2020 ◽  
pp. 432-436
Keyword(s):  
Growth Rate ◽  
Growth Performance ◽  
Direct Investment ◽  
Service Sector ◽  
World Market ◽  
Limiting Factor ◽  
Arunachal Pradesh ◽  
Services Sector ◽  
State Economy ◽  
The World

This present study makes an analysis of changing contribution of sub-sector and composition and growth performance in Indian economy. In addition to that, the contribution of sub-sector of service sector in state economy. The results revealed that the growth rate of Chandigarh was high due to providing especial emphasis on dominating sub-sectors of services and its most preferred destination for technology whereas, Sikkim and Arunachal Pradesh due to geographical and environmental conditions development were higher in floriculture and agriculture, although, tourism emerged as a new profession and have different opportunities. Apart of that, in the wake of some challenges in the form of lack of infrastructure, recent crisis in the world market, foreign direct investment (FDI) restrictions and outsourcing backlash were major limiting factor.

Features of economic development of entrepreneurship in suburban areas of the region

2020 ◽  
pp. 22-25
Author(s):  
Viktoriya Bondarenko
Keyword(s):  
Economic Theory ◽  
Economic Development ◽  
National Economy ◽  
Geographic Area ◽  
Developed Countries ◽  
World Market ◽  
Production Costs ◽  
Goods And Services ◽  
Suburban Areas ◽  
The World

The level of economic development of entrepreneurship in any country in the world is crucial in increasing the competitiveness of the national economy in the world market of goods and services. The activities of economic entities are the driving force for the sustainable development of regions and their suburban areas, and they also impact the welfare of population. The article dwells on the analysis of scientific approaches to the regulation of economic development of enterprises in suburban areas of the region. The article analyzes the scientific approaches to the regulation of economic development of enterprises in suburban areas of the region. According to the well-known classics of the fundamental economic theory of entrepreneurship development (A. Smith, D. Ricardo, V. Laungard, A. Loria) the peculiarities of economic development of entrepreneurship in suburban territories of the region are determined by the possibility of distribution of surplus production, minimum production costs per unit of production, availability of labor resources. In modern economic theory (M. Weber, A. Pre, S.M. Kimelberg, E. Williams, C. Vlachou, O. Iakovidou, J. van Dijk, P. Pellenbarg) the development of entrepreneurship in suburban areas of the region can be determined by institutional, innovation, technological, social, ecological and other features of the economy at the regional, state or world levels. The complex and comprehensive generalization of the features of economic development of entrepreneurship in suburban areas is proposed. There are (1) the type of decision taken by an enterprise to carry out business activities in the relevant suburban area of the region, and (2) the influence of internal and external factors on economic activity. The article argues that large enterprises are guided by more objective decision-making reasons, attaching the most importance to the physical and innovative environment. Medium and small enterprises are mainly focused on getting benefits for the entrepreneur in the short-term time period and location in the nearest geographic area. The attention was paid to the tools of ensuring economic development of entrepreneurship in suburban areas of the region, taking into account institutional changes in the national economy and the experience of developed countries of the world.

Trade in Services: Removing Barriers

1983 ◽  
Vol 16 (01) ◽  
pp. 17-24
Author(s):  
Joan Edelman Spero
Keyword(s):  
International Trade ◽  
Data Processing ◽  
International Organizations ◽  
Service Sector ◽  
Trade In Services ◽  
National Examination ◽  
First Time

The meeting of the ministers of the General Agreement on Tariffs and Trade (GATT) in Geneva last November produced a little-noted but significant accomplishment. In the final hours of difficult, and at times acrimonious, debate, the ministers agreed to initiate a study on international trade in services–industries such as banking, insurance, communications, data processing, engineering and shipping. In the text of the final communique, GATT's contracting parties agreed to:• Recommend that each contracting party undertake a national examination of service sector issues;• Invite contracting parties to exchange this information among themselves and through international organizations, such as the GATT, on as uniform a basis as possible; and• Review the information at their 1984 session to determine whether a multilateral framework on services is desirable, and, if so, how to proceed.Although a modest step, the accord marks an economic milestone, for it is the first time that GATT's contracting parties have agreed to examine trade in services with the possibility of expanding international trade rules to cover services as well as goods.

FRUIT AND BERRIES WORLD PRODUCTION AND INTERNATIONAL TRADE

2020 ◽  
Vol 10 (8) ◽  
pp. 1445-1464
Author(s):  
R.R. Mukhametzyanov ◽  
◽  
E.V. Britik ◽  
Keyword(s):  
International Trade ◽  
Large Scale ◽  
Import Substitution ◽  
World Market ◽  
Climatic Conditions ◽  
Global Rating ◽  
Production Volume ◽  
Food And Agriculture ◽  
Food And Agriculture Organization ◽  
The World

Horticulture is an important branch of agriculture with particular importance in some countries of the world. The production of fruits, berries and nuts is an important part of forming a high-grade food supply for the population in many countries, including the developing ones. Basing on the statistical data from the Food and Agriculture Organization of the United Nations (UN), the authors examined the change in the production volume of these products in the world as a whole for 1961-2018, as well as for the period 1992-2018 in some countries - twenty largest producers in 2018; and a number of trends were identified. In particular, it was noted that in 2018 the global gross harvest of fruits and berries increased by 4.34 times compared to 1961, while that of nuts - by 7.04 times. A deeper analysis in the context of states, which are the main producers of fruits, berries and nuts, carried out for 1922-2018, indicates that there is a change in the positions of these countries in the corresponding world ranking. The quantitative and qualitative changes we observe inevitably have a significant impact both on the volume of the world market in terms of production, and, consequently, the supply of fruit and berry products, and on the parameters of international trade in fruits, berries and nuts. Due to the fact that the Russian Federation is not among the countries - largest producers of fruit and berry products (in 2018 it was the 31st in the global rating for fruits and berries, and the 52nd for nuts), it occupies a very significant position in the world on its imports, especially on some of them. In connection with the policy of import substitution, deployed in response to sanctions from a number of Western states, some positive changes are also observed in the Russian gardening industry. However, imports in the resources of fruits and berries still amounted to 53.6% in 2018. Naturally, many types of fruit and berry products are economically inexpedient to cultivate on an industrial scale in the natural and climatic conditions of our country, but it is necessary to carry out scientifically grounded and systematic work to increase the production of relatively traditional for Russia fruit and berry plants in the large-scale commodity sector.

Russia’s Budget for the Triennium 2021–2023: Main Goals and Problems

Auditor ◽  
2021 ◽  
Vol 7 (1) ◽  
pp. 3-10
Author(s):  
I. Smirnov
Keyword(s):  
Economic Development ◽  
Federal Budget ◽  
World Market ◽  
Planning Period ◽  
The World ◽  
Socio Economic Development ◽  
The Face

Adopting the federal budget for 2021 and for the planning period of 2022 and 2023, the Russian Parliament was guided, fi rst of all, by the goal of ensuring stable socio-economic development of the country in the face of emerging negative problems in the world market.

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