scholarly journals THE APEC INTEGRATED COMPETITIVE FORCE INDEX

2020 ◽  
Vol 6 (4) ◽  
pp. 118-124
Author(s):  
Mykola Palinchak ◽  
Olena Zayats ◽  
Viktoria Bokoch
Keyword(s):  
International Economic ◽  
Economic Integration ◽  
Global Economy ◽  
World Economy ◽  
Economic Cooperation ◽  
Asia Pacific ◽  
International Integration ◽  
Member States ◽  
Asia Pacific Economic Cooperation ◽  
The World

The number of actors that affect the distribution of the competitive force in the global economy is growing, and the spheres of economic competition or cooperation are expanding to build up the competitive force. The article emphasizes the significant impact of international economic integration on the sustainable economic development of the world economy. It also shows that the study of the competitive force of interstate integration groupings is highly relevant today, as international economic integration plays a fundamental role in the development of trade and competitive relations between countries. The paper offers the methodology for competitiveness grouping of Member States of the international integration groupings in order to assess the global competitive force of trade and economic groupings in the world economy. The purpose is to investigate the Integrated Competitive Force Index of Asia-Pacific Economic Cooperation (APEC) 2019 in order to analyze the attractiveness of APEC in terms of the global competitive force. It is also important to determine the attractiveness of APEC competitive environment according to 12 criteria on the basis of the research, which, in turn, allows for a better understanding and ranking of interstate integration groupings according to their competitive forces. Result. Based on the data of the Global Competitiveness Report 2019 on the competitiveness of Asia-Pacific Economic Cooperation Member States (APEC), the Integrated Competitive Force Index of APEC as an interstate integration grouping has been calculated. The Index will help to assess economic integration or disintegration processes in the global economy. The article proves the necessity of the annual integrated competitive force ranking of international integration groupings. Practical implications. The introduction of the new Integrated Competitive Force Index of interstate integration groupings will help competition policymakers to decide which processes of economic integration or disintegration should be preferred in order to build up their competitive force in the global economy.

scholarly journals The EU Global Competitive Force Index

2020 ◽  
Vol 183 (5-6) ◽  
pp. 17-25
Author(s):  
Olena Zayats ◽  
Keyword(s):  
Competition Policy ◽  
Global Economy ◽  
World Economy ◽  
International Integration ◽  
Member States ◽  
Global Competitiveness ◽  
Eu Member States ◽  
The World ◽  
The Individual ◽  
The Eu

Introduction. With this paper we want to show that the study of international competitiveness only at a country level does not correspond to the contemporary development of the global economy. The author presents the methodology for competitiveness grouping of international integration groupings’ member states in order to assess the global competitive force of trade and economic groupings in the world economy. Based on the data of the Global Competitiveness Report 2019 regarding the competitiveness of the EU Member States, the Global Competitive Force Index of the EU as an interstate integration grouping has been calculated. The Index will help evaluate economic integration or disintegration processes in the global economy. The research demonstrates the necessity of the annual global competitive force ranking of international integration groupings. This study will enhance knowledge in the field of economics by grouping the EU Member States’ global competitiveness indices according to 12 criteria and identifying the new quantitative and qualitative integrated Global Competitive Force Index of an international integration grouping. To reach this objective, we will define the Integrated Global Competitive Force Index as the average of the individual points of the EU Member States in 2019. The novelty of our study lies in the comparative analysis of the three largest interstate integration groupings from the perspective of their competitive force. The introduction of the new integrated Global Competitive Force Index of interstate integration groupings will help competition policy makers decide which processes of economic integration or disintegration should be preferred in order to increase their competitive force in the global economy. The purpose. Research and calculation of the European Union’s Integrated Global Competitive Force Index to analyze the attractiveness of the European Union in terms of global competitive force. Based on the calculation of the EU Integrated Global Competitive Force Index 2019, the attractiveness of the EU competitive environment has been determined according to 12 criteria. Results. The ranking of the three largest regional integration groupings of the world economy has been formed. Specification of the assessment and results of the integrated index of interstate integration groupings’ global development can be used for the competition policy development of the individual member state of an integration grouping as well as the communitarian competition policy. The EU Integrated Global Competitive Force Index will help understand what the integration grouping’s competitive force means and whether the process of interstate integration of countries contributes to enhancing the competitive force of an individual country and the integration grouping as a whole. To calculate the EU Integrated Competitive Force Index, we will analyze the Member States on 12 competitive strength criteria, and Global Competitiveness Report 2019 will serve as the basis for our study. According to our calculations, the EU Integrated Global Competitive Force Index is 72 points out of 100. Conclusion. The results of a comprehensive integrated assessment of the competitive force of 28 EU Member States demonstrate a high overall competitive force index of the grouping, indicating the EU’s impact on global competitive processes. The EU Global Competitive Force Index can be used both as an indicator of the separate international integration grouping’s development and as a global criterion for the effectiveness of interstate integration groupings in the transformation of international competitive relations. Discussion. The highlighting of the EU global competitive force is a requirement for the contemporary development of the global competitive environment, since interstate integration groupings are the main actors of the world economy, which significantly affect the distribution and growth of competitive force.

PROBLEMS OF EXPANDING AND DEEPENING INTERACTION BETWEEN THE MEMBER COUNTRIES OF THE BRICS STRATEGIC ASSOCIATION

2020 ◽  
Vol 1 (7) ◽  
pp. 117-121
Author(s):  
K. S. LEONOVA ◽  
Keyword(s):  
Economic Integration ◽  
Global Economy ◽  
World Economy ◽  
World Order ◽  
Modern World ◽  
Globalizing World ◽  
The World

The article is devoted to the study of key problems in the expansion and integration between the BRICS alliance members in a globalizing world. The relevance of the article is characterized by growing economic integration between the BRICS member countries in the modern world economy. Under the conditions of reconfiguration of the world order, scientific justifications have been developed, as a result of which the BRICS strategic association could take more advantageous positions in the global economy.

scholarly journals International debts of developing countries

2011 ◽  
Vol 57 (No. 2) ◽  
pp. 57-63
Author(s):  
V. Jeníček
Keyword(s):  
International Economic ◽  
Developing Countries ◽  
Economic Integration ◽  
World Economy ◽  
Balance Of Payments ◽  
System Stability ◽  
Credit System ◽  
The World ◽  
Global Problems ◽  
Negative Impacts

The problem of international debts is, by its character, one of the most complex problems which the world economy is now facing. It complicates both the global balance of payments and the financial – credit system stability, with pronounced negative impacts on the currency stabilisation. It hinders the development of international economic co-operation and its higher forms – international economic integration. It is one of the reasons that the symmetrical forms of interdependence are pushed off and displaced by the asymmetrical ones. The global debts problem deteriorates, namely during the last time in interaction with the negative manifestations of the global problems (for example, at present very strongly with the environmental problems), the complex international co-operation climate.

scholarly journals Hierarchical Cluster Analysis of Tourism for Mexico and the Asia-Pacific Economic Cooperation (APEC) Countries

2016 ◽  
Vol 27 (2) ◽  
pp. 235-255 ◽  
Author(s):  
José César Navarro Chávez ◽  
América Ivonne Zamora Torres ◽  
Montserrat Cano Torres
Keyword(s):  
Cluster Analysis ◽  
Secondary Data ◽  
Hierarchical Cluster ◽  
Economic Cooperation ◽  
Asia Pacific ◽  
Industrialized Countries ◽  
Asia Pacific Economic Cooperation ◽  
Travel And Tourism ◽  
Destination Competitiveness ◽  
The World

Tourism has become an important industry for most of the economies, especially for non industrialized countries where it represent the main source of income. This paper focuses on the analysis of 14 competitiveness tourism factors for 20 country members of the Asia-Pacific Economic Cooperation (APEC) forum, which represents the most dynamic region in the world according to its participation on the global GDP and international trade, highlighting the performance of Mexico and doing a benchmark with the rest of APEC countries. The authors analyze secondary data from the Travel and Tourism Competitiveness Index to create clusters and then multidimensional scaling techniques were employed for detecting the more or less effective determinants of destination competitiveness.

scholarly journals How Far Will International Economic Integration Go?

2000 ◽  
Vol 14 (1) ◽  
pp. 177-186 ◽  
Author(s):  
Dani Rodrik
Keyword(s):  
International Economic ◽  
Economic Integration ◽  
World Economy ◽  
State System ◽  
The Political ◽  
Nation State ◽  
National Sovereignty ◽  
Mass Politics ◽  
The World ◽  
The Future

This article speculates about the future of the world economy 100 years from now. It argues that the spread of markets is restricted by the reach of jurisdictional boundaries, and that national sovereignty imposes serious constraints on international economic integration. The political trilemma of the world economy is that international economic integration, the nation-state, and mass politics cannot co-exist. We have to pick two out of three. The article predicts that it will be the nation-state system that disappears, with global federalism taking its place.

scholarly journals PROSPECTS OF DEVELOPMENT OF GEORGIA`S TRANSIT FUNCTION AND ITS IMPACT ON THE COUNTRY`S ECONOMY

2019 ◽  
Vol 4 (7) ◽  
pp. 104-116
Author(s):  
IRAKLI DANELIA
Keyword(s):  
Economic Development ◽  
World Economy ◽  
Panel Data Analysis ◽  
Economic Cooperation ◽  
Modern World ◽  
Medium Size ◽  
The Caucasus ◽  
Member States ◽  
The World ◽  
Transport Logistics

Depending on geographical location, the development of Georgian economy was directly related to the efficient use of transit function. For Georgia, as a transit function, the importance of transportation infrastructure is important in the formation of its geo-economic positioning strategy. The acquisition, realization and development of Georgia›s transport potential began in the 90s of the 20th century. Nevertheless, complex research and analysis on the possibilities of development of transit function of the country in Georgian economic literature is not practically investigated yet. Morover, there are not identified determinants on the development of the sector, and their impact on the economic development of the country is not defined either. The study aims to analyze capabilities of Georgia›s transit potential and to determine its influence on economic development of the country in the process of integration of modern world economy. The following objectives are derived: • Identification of significant stimulant determination of development of transport / logistics field and its effectiveness; • Establishment of transit / logistics potential for economic development of the country. The objective of the research is the transport and logistics sector in the Member States of the Organization for Economic Cooperation and Development, the Caucasus and Central Asian countries as an important instrument of economic development of the country. The research is subject to comparative analysis of the targeted and consequential indicators of transport and logistics sector in the member states of the Organization for Economic Cooperation and Development, in the Caucasus and Central Asia. The theoretical foundation of the research is the works of various Georgian and foreign researchers about the study. The survey was based on the World Bank, the Organization for Economic Development and Cooperation, Eurostat, National Statistics Office of Georgia, Georgian and Foreign Professionals, Georgian and Foreign Marine Ports, Railway and Motor Operators, as well as the laws of Georgia. The work is based on analysis and synthesis, quantitative, qualitative, groupings, and medium-size, graphic expression, indexing, comparison, regression and correlation methods. The scientific innovation of the research is the attempt to conduct a complex examination of transit capabilities in Georgia, as a result of which: • Using the Panel Data Analysis Method is reasonable as the development of the transport / logistics sector is a very positive role in the socio-economic development of the country, the main determinant of which is the infrastructural investment. • Panel examinations and econometric calculations for member and partner countries of the Organization for Economic Co-operation and Development (OECD) with transit function and sea exit confirmed that investments in the transport/logistics infrastructure of these countries are the most efficient. The paper can be used to overcome the challenges of successful transit systems in Georgia and its successful integration into the world economy. Consequently, the findings and recommendations of the research topic are appropriate for the Ministry of Economy and Sustainable Development, the Ministry of Regional Development and Infrastructure, the Parliament of Georgia and other sectoral authorities, non-governmental organizations, scientific organizations and other stakeholders. In the process of teaching geo-economics, «international economy», «world economy» and their neighboring disciplines.

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