The development of the transport sector of the economy of Russia in conditions of globalization

The article assesses the impact of modern trends of globalization of the world economy through the introduction of advanced technologies of production and sales. One of the determining factors in the development of the world economy, the onset of a new technological revolution is the use of digital technologies not only in the production of the final product, but also in the daily life of people. The development of the global data transmission infrastructure based on advanced information and communication technologies leads to the blurring of the boundaries of regional markets. National markets are increasingly becoming elements of the global world market, and the volume of export-import operations significantly affects the size of any country’s gross domestic product. The paper shows the tendency of the digital economy influence on the gross domestic product of Russia and the leading economies of the world. One of the determining factors in the development of regional and world markets is the transport infrastructure of the countries participating in international trade.The analysis of trade turnover of Russia in the framework of foreign trade operations with the main economic partner has been conducted. The influence of foreign trade operations on the development of international transport corridors, as well as the main problems of the transport industry of the country has been designated. The characteristic of container transportation volumes as the basis of international intermodal freight transportation has been given. In modern conditions, one of the most important factors determining the efficiency of the transport industry is the rationalization of logistics processes and management systems based on digitalization. The article identifies the main problems of development and possible directions of digitalization of the transport and logistics industry, the rating of the leading information technological companies implementing modern digital technologies in transport has been given, the dynamics of volumes of introduction of information technological solutions in 2016–2017 has been shown.

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POSSIBILITIES OF REALIZATION OF SERVICE SECTOR POTENTIAL IN THE GLOBAL ECONOMY

Eastern Europe: economy, business and management ◽

10.32782/easterneurope.30-2 ◽

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.

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The Coming Revolution: The Healthcare Challenge

Telehealth and Medicine Today ◽

10.30953/tmt.v3.98 ◽

2018 ◽

Author(s):

John Halamka

Keyword(s):

United States ◽

Gross Domestic Product ◽

World Economy ◽

The United States ◽

Domestic Product ◽

The World ◽

The Right ◽

The U.S

The United States spends nearly 17% of its gross domestic product on healthcare,1 almost double that of any other industrialized country,2 and achieves worse outcomes by many measures.3 The U.S. may have the most healthcare in the world, but we do not have the best healthcare. Today, Healthcare in the U.S. is a poor value. If we are going to remain competitive in the world economy, we must deliver the right care in the right setting at the right time at the right cost.

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Introduction and Overview

10.1007/978-981-16-5210-3_1 ◽

2021 ◽

pp. 1-20

Author(s):

Naoto Jinji ◽

Xingyuan Zhang ◽

Shoji Haruna

Keyword(s):

Gross Domestic Product ◽

International Monetary Fund ◽

World Trade ◽

World Economy ◽

Annual Growth ◽

Domestic Product ◽

Real Gross Domestic Product ◽

The World

AbstractThe world economy was severely hit by the COVID-19 pandemic in 2020. It was estimated that the annual growth in the world’s real gross domestic product (GDP) in 2020 would be $$-3.3$$ - 3.3 % (International Monetary Fund (IMF) 2021). World trade simultaneously contracted sharply.

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COVID-19: Economic Recession or Depression?

Estudios económicos ◽

10.52292/j.estudecon.2020.1983 ◽

2020 ◽

Vol 37 (75) ◽

pp. 139-147

Author(s):

Mario Arturo Ruiz Estrada

Keyword(s):

Gross Domestic Product ◽

World Economy ◽

Economic Recession ◽

Domestic Product ◽

Long Run ◽

First Choice ◽

The World ◽

Classical Economic ◽

The Impact ◽

Macroeconomic Indicator

This paper is interested to introduce a new macroeconomic indicator to evaluate the impact of any massive pandemic such as COVID-19 on the world economy performance in the short run (1 year) and long run (10 years). The new macroeconomic indicator is entitled “The Economic Uncontrolled Desgrowth from COVID-19 (-δCOVID-19).” In fact, the new macroeconomic indicator assumes that always COVID-19 is going to be the major factor to generate a large economic leakage on the final GDP formation anytime and anywhere. Additionally, the same paper is willing to evaluate two post-COVID-19 possible scenarios. The first scenario: if COVID-19 is going to generate a short economic recession, then the world economy gross domestic product can delay between two and three years. The second scenario: if COVID-19 is going to produce a large economic depression, then the world economy gross domestic product can take easily between five and ten years such as the case of the world great depression of 1928. From now, the economists need to decide between two possible choices to solve these two types of economic crisis (recession or depression): The first choice is the uses of the classical economic policies –fiscal or monetary- from past experiences (Keynesians and Monetarists). The second choice is the creation of new and innovative polices approaches to reduce the COVID-19 damage under the support of new theoretical and methodological approaches.

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Digitalization of The Transport Industry in The Context of Globalization of The World Economy

SHS Web of Conferences ◽

10.1051/shsconf/20219205020 ◽

2021 ◽

Vol 92 ◽

pp. 05020

Author(s):

Natalya A. Mashkina ◽

Elena S. Belyaeva ◽

Anna S. Obukhova ◽

Olga V. Belyaeva

Keyword(s):

Economic Effect ◽

Digital Technologies ◽

Value Added ◽

Transport Sector ◽

The World ◽

Transport Industry ◽

Relationship Of ◽

The Impact ◽

The Relationship ◽

Further Development

Research background: The article reveals the nature and mechanisms of the influence of the digital economy on the development of the transport industry in the world. The prerequisites for researching the problems of digitalization in the transport sector are determined by several factors. Firstly, the use of digital technologies is especially evident in the transport sector. Secondly, it is the efficiency of using the latest technological achievements that determines the competitiveness of transport companies. Purpose of the article: The aim of the study of this topic is to identify the most significant manifestations of the impact of digitalization on the transport sector, trends and the nature of this impact. Methods: The methodology of the work is to use the method of scientific abstraction, analysis of facts and observation of the real existing picture, as well as induction and deduction to determine the relationship of concepts in general to individual cases. The authors of the study identified the key components of the digitalization process of the economy, and identified those that have the greatest impact on the transport sector. The article contains an analysis of the existing experience of transport digitalization, the consequences of this process. Also in this article, the authors made their forecast for the further development of transport digitalization processes. Findings & Value added: The main result of the study was the conclusion that the objective need of the transport industry for new innovative developments is very high. The economic effect, that the introduction of transport sector digital technologies, brings, is obvious and tangible.

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EVALUATION OF EXPORT DEVELOPMENT OPPORTUNITIES FROM TURKEY TO LITHUANIA

Proceedings of the 7th International Scientific Conference Rural Development 2015 ◽

10.15544/rd.2015.109 ◽

2015 ◽

Author(s):

Agnė JOTAUTAITĖ ◽

Eglė JOTAUTIENĖ

Keyword(s):

European Union ◽

Gross Domestic Product ◽

Foreign Trade ◽

Empirical Research ◽

Domestic Product ◽

The European Union ◽

Database Analysis ◽

Fast Growing ◽

Agriculture Industry ◽

Textile Products

In this paper, export opportunities of textile products from Turkey to Lithuania are analyzed. The main goal of this article is to present an analysis of the opportunities to import textile products from Turkey to Lithuania. The empirical research basing on the statistical database analysis was used. The analysis of Turkey’s markets was showed that the economy is strongly dependent on exports of various products from Turkey and it is about one forth of Turkey’s GDP (Gross Domestic Product). The bulk of exports from Turkey is t o countries in the European Union. Turkey is one of the world’s largest manufacturers and exporters of textiles. The analysis of Lithuanian markets was indicated that Lithuania has a feasible market for imports due to its fast growing GDP, increasing labor wages and modernization of agriculture industry. Furthermore, advantageous and adequate policies of Lithuania’s foreign trade should encourage the development of imports to this country. The demand for textile products in Lithuania is growing rapidly and it is one of the most important sectors in fostering its economy

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ANALISIS DETERMINAN KUALITAS LINGKUNGAN PERIODE 1999-2013

Jurnal Ekonomi dan Bisnis ◽

10.24123/jeb.v21i1.1632 ◽

2016 ◽

Vol 21 (1) ◽

pp. 9-20

Author(s):

Ersalina Tang

Keyword(s):

Foreign Direct Investment ◽

Energy Consumption ◽

Gross Domestic Product ◽

Co2 Emissions ◽

Direct Investment ◽

Meat Consumption ◽

Domestic Product ◽

World Data ◽

The World ◽

The Impact

The purpose of this study is to analyze the impact of Foreign Direct Investment, Gross Domestic Product, Energy Consumption, Electric Consumption, and Meat Consumption on CO2 emissions of 41 countries in the world using panel data from 1999 to 2013. After analyzing 41 countries in the world data, furthermore 17 countries in Asia was analyzed with the same period. This study utilized quantitative approach with Ordinary Least Square (OLS) regression method. The results of 41 countries in the world data indicates that Foreign Direct Investment, Gross Domestic Product, Energy Consumption, and Meat Consumption significantlyaffect Environmental Qualities which measured by CO2 emissions. Whilst the results of 17 countries in Asia data implies that Foreign Direct Investment, Energy Consumption, and Electric Consumption significantlyaffect Environmental Qualities. However, Gross Domestic Product and Meat Consumption does not affect Environmental Qualities.

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CYBERSECURITY OF FINANCIAL CONSULTING SERVICES IN THE CONTEXT OF DIGITALIZATION OF THE WORLD ECONOMY

Сборник избранных статей по материалам научных конференций ГНИИ “Нацразвитие” (Санкт-Петербург, Август 2020) ◽

10.37539/aug292.2020.10.87.008 ◽

2020 ◽

Author(s):

Руслана Ринатовна Абдурахманова ◽

Людмила Ивановна Кругляк

Keyword(s):

Economic System ◽

Financial Services ◽

World Economy ◽

Digital Technologies ◽

Consulting Services ◽

The World

Новые цифровые технологии не только изменяют ландшафт финансовых услуг, но и несут новые угрозы кибербезопасности. Поэтому современные условия функционирования экономической системы предопределили значительные трансформации в подходах к организации консалтинговой деятельности. New digital technologies are not only changing the landscape of financial services, but also pose new threats to cybersecurity. Therefore, thecurrent conditions for the functioning of the economic system have predetermined significant transformations in approaches to the organization of consulting activities.

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