scholarly journals Global challenges in the modern economy

Author(s):  
V. L. Hursky

The article is devoted to the study of the modern global challenges that have a significant impact on the transformation of international economic relations, namely: the exacerbation of the struggle among global players for technological dominance, caused by the transition to a new technological order (digital economy), and the intensification of the struggle between TNCs and government structures for control over resources, caused by the growing power of TNCs and their desire to get rid of state control. It is noted that a change in the system of socio-economic relations, based on the widespread introduction of digital means of production, forms a new type of management of socio-economic processes, and the strengthening of the role of corporations in shaping countries’ economic policies generates risks of domination of corporate interests over public ones.

Author(s):  
Viktoriia V. Kukharyk ◽  
Thomas Nübling

The modern globalised world is characterised by economic independence, which is a component that measures the level of relations between countries, the content, direction and intensity of which has begun to be influenced by economic dependence. In other words, economic relations have become central to diplomatic activity, which determines the relevance of the subject matter. The purpose of this study is to determine the role of economic diplomacy in the system of modern international economic relations, to compare the theoretical model of economic diplomacy and the practice of its implementation. This paper uses the following methods: scientific abstraction; monographic, dialectical, historicallogical; structural-logical; abstract-logical; methods of regression analysis; synthesis; problem-oriented method; statistical and graphic methods. The author used a Scatter plot model and performed a regression analysis to determine which free trade area (Ukraine-EU, Ukraine-Canada, or Ukraine-Israel) affects Ukraine's GDP growth. The study model confirms the positive relationship between Ukraine's GDP growth and the growth of foreign trade turnover (FTT) between Ukraine and the EU. The linear model explains that a 1% increase in FTT affects an average 5% increase in Ukraine's GDP. At the same time, the regression model shows the opposite trend in terms of FTT between Ukraine and Canada, Ukraine and Israel. Thus, the dynamics of Ukraine's FTT with these countries does not have a significant impact on GDP. Only the growth of FTT between Ukraine and the EU indicates the effectiveness of bilateral cooperation. The practical significance of the results obtained lies in the fact that the theoretical foundations, conclusions, and recommendations obtained and formulated by the author can serve as a basis for further study of issues of economic diplomacy and for the development of such a concept of economic diplomacy, which should take into account the positions of stakeholders to balance the interests of ensuring the national economic security of the state


2021 ◽  
pp. 103-120
Author(s):  
Katarzyna Golik

In the following text I will analyse the selected aspects of economic relations between Poland, Germany and China. I am going to compare elements of discourse with political actions and, above all, with economic realities. Clearly in economic terms, Chinese direction is not an alternative to Germany for Poland, but it may become a necessity in terms of diversification of international economic relations. Particularly in the context of forthcoming electromobility revolution, the crisis could affect the German automobile industry, spilling over into other sectors related to Poland’s export. In the medium term, economic processes are likely to be loosely linked to political processes. Poland's interests in the international arena are more related to political integration with Germany than to a strong rapprochement with China. However, the former are unlikely to support Poland's emancipation in independent economic and trade policy. This may result in a two-pronged approach (separation of economic policies from political relations) to relations between the two countries. 


1997 ◽  
Vol 3 (1) ◽  
pp. 1-8
Author(s):  
Vito Bobek

This paper explores the idea of sustainable tourism as a criterion for long-term global planning that takes the economic, sociocultural and environmental benefits of tourist products into account. The paper also discusses what Slovenia’s strategy of international economic relations, together with the Law on tourist activities have contributed to the subject.


2021 ◽  
Author(s):  
Mariana Mota Prado ◽  
◽  
Michael J. Trebilcock ◽  

In this thoroughly revised and updated second edition, Mariana Mota Prado and Michael J. Trebilcock offer a succinct and readable introduction to the main concepts and debates in the field of law and development. They examine the role of legal systems and institutions, investigate perceptions around what laws and legal arrangements encourage and facilitate development, and probe the issues arising in both private law and public law as well as in international economic relations. Written with the insight of two top experts in the field, this Advanced Introduction covers the most recent trends in law and development research and highlights areas that remain underexplored.


Author(s):  
Ksenia Mikhailovna Belikova

This article examines the question on the role of foreign investments within the system of international economic relations from the perspective of law. The author analyzes the main and auxiliary goals of an investor and the country-recipient of foreign investments and the country of origin of the investments. The legal-economic concept of “investment/foreign investment” is viewed considering the author’s opinion that investments as such are multifunctional. Different understanding in this regard underline the various aspects of the phenomenon; thereat, the legislators of different countries are guided by their teleological reasons, while representatives of the doctrine – by affiliation to one or another scientific specialty (or school). The scientific novelty lies in articulation of the problem, as well as the approaches towards its studying. The new data regarding the records and information on the role of foreign investments within the system of international economic relations are introduced into the Russian-language discourse. The conclusion is made that the foreign investments are characterizes by versatile functionality, expansion of which is substantiated by the needs of the country-recipient of investments along with the country of their origin.  


1991 ◽  
Vol 85 (1) ◽  
pp. 192-200 ◽  
Author(s):  
Russel Lawrence Barsh

A recently concluded special session of the General Assembly adopted, for the first time by consensus, a blueprint for the coordination of national and international economic policies. Carefully worded without any reference to the “New International Economic Order,” the session’s declaration nonetheless echoed the NIEO and its principal instrument, the Charter of Economic Rights and Duties of States, which provided: “States should co-operate in facilitating more rational and equitable international economic relations and in encouraging structural changes in the context of a balanced world economy in harmony with the needs and interests of all countries, especially developing countries, and should take appropriate measures to this end.”


Sign in / Sign up

Export Citation Format

Share Document