scholarly journals Commodity goods forecast

Author(s):  
V.B. Kondratiev

The last twenty years have been a favorable period for the global economy. Asian economies grew rapidly, which boosted the demand for key commodities such as gold, copper and iron ore, and increased mining employment worldwide. This growth has been largely driven by the process of globalization and the rising welfare of population in the emerging markets such as China and India. The world is now entering a more dangerous phase of its development, as political and economic tensions between China and the United States are increasing and threaten to nullify the results of the economic progress. A rollback to protectionism and de-globalization may occur. Asia has been the engine of the mining industry, and commodity prices have helped to determine the prospects of the mining cycle. A number of commodities, including copper, have rebounded from their lows in recent months. This suggests that a new phase of economic recovery is starting to gain momentum, opening a new phase in the expansion of the global mining sector.

Author(s):  
Prasad Padmanabhan ◽  
San Sedki

The world is characterized by brutal global competition. When talking about competition during much of the 80s and 90s, we generally refer to the triage of Western European, Japanese, and U.S. firms. Today, we have to add firms from Brazil, Chile, China, and India to this elite bunch. This competition is good for the consumer -- prices of manufactured goods have been kept in check, and there is a general feeling of economic prosperity around the world. According to a recent article in The Economist global output has grown by over 4.3 % annually. The growing middle class in India and China has recorded the sharpest increase in the number of billionaires in the last decade; therefore the world has every reason to feel optimistically euphoric, even if China and India will reap a bigger share of the economic pie. In the words of Drucker, India and China are rapidly transforming their economiesthey can now produce technologically sophisticated and financially rewarding offerings that are diminishing American standards. (Drucker, 2004) The concern with the advent of China has prompted more protectionist oriented legislation against China: textiles. The U.S. Congress also blocked a recent attempt by Chinas China National Offshore Oil Corporation (CNOOC) to acquire Chevron. A recent Harris Poll indicated that 40% of the people surveyed believe that China will be stronger than the U.S. within a decade, and over 50% believe that China will have a negative effect on the U.S. economy.


2018 ◽  
Vol 74 (4) ◽  
pp. 402-419
Author(s):  
Krishnakumar S.

With Donald Trump as President of United States, multilateralism in the world economy is facing an unprecedented challenge. The international economic institutions that have evolved since the fifties are increasingly under the risk of being undermined. With the growing assertion of the emerging and developing economies in the international fora, United States is increasingly sceptical of its ability to maneuvre such institutions to suit its own purpose. This is particularly true with respect to WTO, based on “one country one vote” system. The tariff rate hikes initiated by the leader country in the recent past pose a serious challenge to the multilateral trading system. The paper tries to undertake a critical overview of the US pre-occupation of targeting economies on the basis of the bilateral merchandise trade surpluses of countries, through the trade legislations like Omnibus Act and Trade Facilitation Act. These legislations not only ignore the growing share of the United States in the growing invisibles trade in the world economy, but also read too much into the bilateral trade surpluses of economies with United States and the intervention done by them in the foreign exchange market.


2021 ◽  
pp. 106-131
Author(s):  
Ken Chih-Yan Sun

This chapter reveals older immigrants' strategies for grandparenthood that testify to the significance of temporalities of migration. It analyzes the interplay between the time aging immigrants spent in the United States and their observations of the changing global economy, which leads them to assign new meanings to intimate relations with their grandchildren. It also talks about how older immigrants developed new rights, responsibilities, obligations, and entitlements after welcoming grandchildren to the world. The chapter underscores gender as an organizing principle that informs the division of labor between grandfathers and grandmothers. It points out how older migrant women and men interpret their responsibilities, obligations, and commitments to a third generation in gender-specific ways, even if both value grandparenting.


Author(s):  
Ingrid N. Pinto-López ◽  
Cynthia M. Montaudon-Tomas

This chapter analyzes fuzzy reliability theory using bibliometric analysis. Different aspects of fuzzy have already been analyzed using bibliometric analysis, and a series of bibliometric tools have also been used. VOSviewer software was used to identify maps showing the most relevant trends. The analysis includes scientific articles, citations, journals, authors, universities, keywords, and countries. Results show that countries belonging mainly to Asia are at the avant-garde in terms of research in the field, China and India being the most productive countries in terms of the number of articles published, citations, and universities invested in the topic. Other countries in North America, such as Canada and the United States, and in Europe, the UK, Poland, Italy, and France, also show a great interest in this area of science. Research on the topic is relatively recent. The first articles were published in 1991; therefore, it presents excellent opportunities that will quite possibly attract researchers and universities from different regions of the world.


Author(s):  
Larry Catá Backer

This chapter seeks to answer the question: What internal Cuban legal adjustments are necessary for Cuba to enter into a fully normalized relationship with the United States. and the rest of the world? The chapter first focuses on the adjustments Cuba might have to undertake if it is to embed itself within the structures of global trade and finance. Next, the chapter examines the extent to which Cuba is disposed to consider these possible reforms. Third, it examines what may be possible in the aftermath of the U.S. presidential election of 2016 (and its aftermath) and other global changes, including the emergence of a Chinese alternative to national embedding in global trade. These have considerably changed the terrain within with the consequences of U.S.-Cuba normalization can be considered. The examination considers the value of the European Union’s strategic initiative, the Political Dialogue and Cooperation Agreement (PDCA), as a viable basis for Cuban reintegration in the global economy.


2020 ◽  
pp. 1-15
Author(s):  
Luke Patey

China views the decline of the United States and the West as signal to advance its interests, norms, and values on the world stage. But sentiments that one superpower will replace another miss the bigger picture. China’s rise to the commanding heights of the global economy and world affairs is not preordained. Its potential evolution into a global superpower, with a deep presence and strong influence over economic, political, military, and culture abroad, will rather be conditioned by how China behaves toward the rest of the world, and how the world responds. The world’s other large economies, major militaries, technology leaders, and cultural hubs will be significant in shaping the future world. For developed and developing countries alike, there is recognition that economic engagement with China produces strategic vulnerabilities to their own competitiveness and foreign policy and defense autonomy. China will struggle to realize its political, economic, and military global ambitions.


Author(s):  
Luke Patey

China wants to replace the United States as the world’s leading superpower. But what does the world want from China? In a new era of strategic competition between China and the United States, Luke Patey explores how the rest of the world is responding to China’s rise. Many fear that China’s economic power, tech innovations, and growing military might will allow it to remake the world in its own authoritarian image. But despite all its strengths, a future with China in charge is far from certain. China will rule the twenty-first century only if the world lets it. How China Loses tells the story of China’s struggles to overcome new risks and endure the global backlash against its assertive reach. Combining on-the-ground reportage with incisive analysis, Patey argues that China’s predatory economic agenda, headstrong diplomacy, and military expansion undermine its global ambitions. In travels to Africa, Latin America, East Asia, and Europe, his encounters with activists, business managers, diplomats, and thinkers show the challenges threatening China’s rising power. China’s relations with the outside world are reaching a critical juncture. Political differences and security tensions have risen, and many countries are now recognizing that economic engagement produces new strategic vulnerabilities to their competitiveness and autonomy. At a time when views from Washington and Beijing dominate the discussion, Patey’s work shows how perspectives from around the world will shape the global economy and world affairs.


Author(s):  
Nhi Thi Nguyen ◽  
Thanh Van Thai ◽  
Huong Thi Pham ◽  
Giang Chau Thi Nguyen

In the context of the Industrial Revolution 4.0 and integration of the Vietnamese economy into the global economy, Vietnam's education and training has been increasingly developed and increasingly deeply integrated into the world. The development of teacher training programs is considered an urgent issue, a prerequisite to contribute positively to the development of education and training in the country. However, the first period of integration shows that teachers have many limitations in practical skills, soft skills, and foreign languages when working in a modern environment. These limitations are due to many factors; one of the basic factors is that the training programs at teacher training facilities are mainly focused on knowledge towards approaching content. Therefore, the development of training programs in general and teacher training programs in particular in the direction of developing necessary skills that society requires learners to have, in order to work and develop their qualities after graduation, to meet the integration needs in the context of the industrial revolution 4.0 is an important trend in the world and especially for Vietnam in the current period. CDIO stands for words: Conceive, Design, Implement and Operate. It is a solution to improve the quality of training to meet social requirements, on the basis of determining the outcome standards, developing programs and training plans; It is also the idea of universities, technical institutes of the United States and Sweden in the early 90s of the last century with the intention of training students after graduation with full knowledge and skills such as: communication skills, personal skills ... and immediate access to the labor market, meeting the needs of the business. In this article, we focus on the solution to develop teacher training programs under the CDIO approach to meet the requirements of the Industrial Revolution 4.0 in higher education institutions in Vietnam.


Subject PROSPECTS 2018: Global economy Significance Global GDP growth is likely to edge higher in 2018 as trade, investment and employment expand. However, monetary policy is gradually tightening, fiscal expansion is limited and there is little chance of a repeat of the surprise boost from trade seen in 2017 or a recovery in productivity. Inflation may remain obdurately low in the United States, Japan and the euro-area but not sufficiently to deter the US Federal Reserve (Fed) and the ECB from gently reeling in their bond-buying programmes. Modestly higher commodity prices should support economic recovery in resource producers. Impacts The timing of elections in the United States, Canada and Mexico may prolong the NAFTA trade talks into 2019 or beyond. China will battle any US attempts to constrain its innovation and access to technology, which it sees as key to its rebalancing. Technological progress and more open markets exacerbate the unpredictability of jobs and wages, but policy will increasingly address this. Automation means the job intensive low-cost industrial growth engine is now less effective; developing countries must consider new models. A better balance of power between multinationals, international organisations and governments will be key to global tax cooperation.


Sign in / Sign up

Export Citation Format

Share Document