scholarly journals EVALUATION OF THE VOLATILITY IMPACT OF THE WORLD RAW MATERIALS PRICES ON THE INVESTMENTS AND PRIVATE CONSUMPTION AMONG THE COUNTRIES-EXPORTERS OF THE NATURAL RESOURCES

Author(s):  
U.М. Nikonenko
2014 ◽  
Vol 13 (2) ◽  
pp. 393-408 ◽  
Author(s):  
MARCO BRONCKERS ◽  
KEITH E. MASKUS

AbstractThis case sheds light on the question whether WTO members, when exploiting their natural resources, can give priority to the needs of their domestic market as opposed to the needs of other WTO Members. From the ruling of the Appellate Body, and the unappealed part of the panel decision, one can conclude that a WTO Member normally must ensure an evenhanded distribution of the natural resources that it decides to mine or harvest amongst the WTO membership. The only difference arises where a Member's citizens or industries face a crisis because of a temporary shortage of an essential product. For those who share an international outlook on the world, this is an acceptable, and even a desirable outcome. The ruling potentially has far-reaching implications for international trade, not only in minerals and metals, but for agricultural and energy goods as well. However, in reaching this laudable result, circumscribing the use of export restrictions, the Appellate Body also made a highly regrettable finding. It ruled that China, because of the wording of its Accession Protocol, was not allowed to invoke a public policy justification for certain of its export restrictions (notably: its export duties, on which it had assumed additional commitments). The underlying assumption that sovereign states can sign away their rights to pursue public policies, such as environmental protection, which are generally admitted amongst the WTO membership, is deplorable.


2021 ◽  
Vol 2021 ◽  
pp. 308-354
Author(s):  
Regis Y Simo

The extraction and processing of raw materials into commodities are not only attractive for their economic value but also for political reasons. This makes natural resources a source of extreme greed. In this context, regions rich in raw materials, such as Africa, become the scene of local and foreign speculation and, instead of contributing to the development of endowed countries, natural resources often become factors of fragility – hence the ‘natural resources curse’ phrase. While countries exercise sovereignty over their resources by virtue of international law, it has also become essential to develop more sustainable activities in order to continue to exploit these resources. Cognisant of these global environmental challenges, a great number of countries in the world are committed to safeguarding the planet, as can be seen from the adoption of the African Convention on the Conservation of Nature and Natural Resources. At the international level, the multiplicity and complexity of legal norms applicable to the exploitation of natural resources can constitute an obstacle to their application. Indeed, while the scarcity of resources and the surge of environmental problems associated with their exploitation have led to greater reliance on international law because the stakes are global and permeate political boundaries, the corpus of international law rules is sometimes only indirectly relevant to natural resources, since they were not enacted to protect natural resources per se. This is the case of the rules of the World Trade Organization (WTO), which, while not adopted for that purpose, have a bearing on trade in natural resources. While all WTO members are required to open their markets to competition from abroad, WTO-covered agreements give them a certain leeway to regulate this flow in order to pursue societal goals. In other words, under certain circumstances, a WTO member is allowed to justify otherwise WTO-inconsistent measures in the name of legitimate domestic values. This paper focuses on trade rules that control the asymmetrical global distribution and exhaustibility of natural resources, especially export restrictions and their justifications in WTO law. The objective of this paper is to analyse the international and unilateral trade measures addressing non-trade concerns and their relevance for natural resources management in Africa. L’extraction et la transformation des matières premières en produits finis de base sont non seulement attractives pour leur valeur économique mais aussi pour des raison politiques. Ce qui fait des ressources naturelles une source de cupidité extrême. A cet effet, au lieu de contribuer au développement des pays qui y sont dotés, les régions riches en matières premières deviennent le théâtre des spéculations nationales et étrangères au point où les ressources naturelles deviennent des facteurs de déstabilisation d’où l’appellation de « malédiction des ressources naturelles ». Bien que les pays exercent la souveraineté sur leurs ressources en vertu du droit international, il devient essentiel de développer des activités plus durables afin de continuer l’exploitation de ces ressources. Conscient de ces problèmes environnementaux dans le monde, un grand nombre de pays dans le monde s’engagent à sauvegarder la planète, comme peut-on constater avec l’adoption de la Convention africaine pour la Conservation de la Nature et des Ressources naturelles. Sur le plan international, la multiplicité et la complexité des normes juridiques applicables à l’exploitation des ressources naturelles peuvent constituer un obstacle pour son application. En effet, si la rareté des ressources et la montée des problèmes environnementaux liées à leur exploitation ont conduit à une dépendance accrue au droit international parce que les enjeux sont mondiaux et dépassent les barrières politiques, les règles du droit international s’appliquent indirectement aux ressources naturelles puisqu’elles n’ont pas été promulguées pour protéger les ressources naturelles en tant que tel. Ceci est le cas des règles de l‘Organisation mondiale du Commerce (OMS), qui, bien que non adoptées ont une incidence sur le commerce des ressources naturelles. Bien que les membres de l’OMS ont obligations d’ouvrir leurs marchés à la concurrence étrangère, les accords couverts par l’OMS leur donnent un certain levier pour réguler ce flux afin de poursuivre des objectifs sociétaux. Autrement dit, dans certaines circonstances, un membre de l’OMS est autorisé de justifier les mesures incompatibles avec les règles de l’OMS pour des raisons de valeurs nationales légitimes. Cet article se focalise sur les règles commerciales qui contrôlent la distribution mondiale asymétrique et l’épuisement des ressources naturelles particulièrement les restrictions à l’exportation et leurs justifications d’après la loi de l’OMS. L’objectif de cet article est d’examiner les mesures internationales et unilatérales qui adressent les préoccupations non commerciales et leur importance sur la gestion des ressources naturelles en Afrique.


Author(s):  
Iu. Halynska ◽  
T. Bondar

More and more companies in the world are striving to implement clean production strategies and maximize resource productivity in their operations. In the process of applying an integrated, preventive environmental strategy in production to reduce risks for both humans and the environment, stakeholders face causal effects and socio-environmental and economic interdependence in the implementation of clean production projects. All this contributes to the development and growth of scientific, methodological and methodological approaches to the implementation of clean production projects. Studying world and domestic experience in introducing of clean production can determine the ways to comprehensively solve environmental and economic problems in Ukraine and provide the prerequisites for creating an effective system of using natural resources in solving environmental and economic problems of the world, including climate change. The implementation of scientific approaches is possible through the distribution of information on the principles of clean production, the development and implementation of a set of economic and environmental factors for the development of production, the improvement of the mechanism for integrating of environmental factors of the economic development strategy, viewing environmental pollution standards and the special use of natural resources, as well as standards for their economic regulation with the goal of a gradual approximation to EU standards, the creation of a system of sustainable management of production development, stimulates environmental protection and ensures the careful use of natural resources. Therefore, the article discovers the basic principles, methods and mechanisms for creating of clean production projects. The prerequisites for creating an environmental direction in the production of goods and services, as well as the need for risk assessment in the introduction of clean production, are considered. Generalization of existing methods of introduction of clean production, taking into account the world experience, showed that despite the local prerequisites and financial and technological problems, it is profitable for enterprises to implement the concept of СР. The result is a synthesis of existing methods for introducing of clean production, taking into account international experience, which can reduce operating costs, can contribute to improving the safety of workers, as well as reducing the impact of business on the environment. It is obvious that clean production technologies are a good business for industry, as they help to reduce waste disposal costs, reduce the cost of raw materials, reduce the cost of damage to health, improve public relations, improve company productivity, and increase the competitiveness of local and international markets. Clean production is an integral part of the social process, which is in line with economic, political, ethical and cultural values. Keywords: clean production, sustainable development, environmental strategies, indicators of resource and energy intensity.


2021 ◽  
Vol 2 (2) ◽  
pp. 044-046
Author(s):  
Haydar Göksu

Recycling is the inclusion of wastes that can be recycled into the production process by transforming them into secondary raw materials after various physical and/or chemical processes. The natural resources are not infinite. Of course it will run out one day. For this reason, the recycling process has gained a serious dimension for countries due to both economic and environmental factors. Although the recycling process of thermoplastic materials is known and frequently used by the science and industry community, the recycling of rubber materials has remained in the background. However, with the increase in the number of automobiles around the world, the increasing amount of solid waste tires puts the society in trouble both economically and environmentally. In this research, there are data on the introduction of automobile tires, which are a very serious waste throughout the country, to the economy.


Author(s):  
О.В. Птащенко ◽  
О.Г. Зима ◽  
К.С. Костіна ◽  
М.В. Лаврінченко

The main features of international marketing as a tool to increase the competitiveness of the enterprise are considered in the article. Crisis phenomena of today's economy, long reforms of national production, the formation of a new information society and the emergence of information processes in the economy have led to the fact that future economic growth becomes possible only if the introduction and coordination of modern marketing and management tools for fuller implementation of foreign economic relations of the state, accurate consideration of production needs for domestic and foreign sales, coordination of export opportunities and import needs, providing for the production of competitive products, strengthening the impact on the international division of labor, international specialization and internationalization of production and, consequently, improving foreign economic activity . Thus, the development of marketing of international production and the movement of entrepreneurial capital cause uneven growth of economic potential of individual countries and regions. The transfer of production to certain countries leads to the fact that the shares of different groups of countries in the location of world industry do not coincide. Competition between TNCs distorts the system of international relations between the world economy. International marketing of exports and imports are two barter transactions, through which each country is organically connected with the external environment. These are components of the reproduction process, which must pass through foreign trade in order to ensure the stable creation, distribution and consumption of national GDP. The effect of international marketing of barter transactions or another country can get based on the scale of production. Foreign trade may not necessarily be mutually beneficial for all actors in the world market. Reproductive openness of the country when using international marketing depends on the availability of natural resources in the country - energy resources, raw materials for industry, food for the population. The level of reproductive openness of the state is higher, the higher the level of its technical and economic development and the smaller the value of its GDP and the availability of its own natural resources.


10.29007/5dl3 ◽  
2020 ◽  
Author(s):  
Riann Gonzalez ◽  
Abdol Chini

This paper explores using the practice of a circular economy to reduce the amount of construction and demolition (C&D) waste that is generated and going to landfills. The circular economy is a system where waste is minimized and resources are in use for as long as possible through recycling and reuse. This is in contrast to a linear economy where raw materials are extracted, used to make a product, and disposed of. This research is intended to address three issues facing the world which are increasing C&D waste due to an increase in population and urbanism, limited natural resources, and limited land available for landfills. Buildings are major consumers of resources and producers of waste. In 2015, the built environment generated two times the amount of waste than municipal solid waste in the US. The methodology includes gathering recent C&D waste statistics and researching case studies on the circular economy. The goal of this research is to reduce the amount of C&D waste sent to landfills by evaluating current waste management practices and providing recommendations to make C&D waste in line with the circular economy.


Liquidity ◽  
2016 ◽  
Vol 5 (1) ◽  
pp. 1-9
Author(s):  
Andilo Tohom

Indonesia is one of many countries in the world so called resource-rich country. Natural resources abundance needs to be managed in the right way in order to avoid dutch diseases and resources curses. These two phenomena generally happened in the country, which has abundant natural resources. Learned from Norwegian experiences, Indonesian Government need to focus its policy to prevent rent seeking activities. The literature study presented in this paper is aimed to provide important insight for government entities in focusing their policies and programs to avoid resources curse. From the internal audit perspective, this study is expected to improve internal audit’s role in assurance and consulting.


Author(s):  
Lina Yurievna Lagutkina

The author of the article discloses the prospects of development of the world feed production for aquaculture based on the analysis of key innovative technological and market trends. The author specifies that shortage, high cost, low ecological compatibility of traditional raw materials - fish flour - are among major limiting factors in the development of production of feeds for aquaculture. This fact, in turn, limits sustainable development of aquaculture both in Russia, and in the world in general. The article presents the overview of a current status of the world industry of feed production in aquaculture, where the regional situation is studied, as well. For the first time, there is given the outlook of innovative technologies in feed production based on the alternative sources of protein (on the example of projects of leading aquabiotechnological companies) which will determine industry’s objectives for the mid-term perspective.


Author(s):  
حسن بن إبراهيم الهنداوي (Hassan Hendawi)

الملخّصإنّ الفقر والإملاق من المشكلات الرئيسة التي يواجهها العالم اليوم، ومن أسبابها ندرة الموارد الاقتصادية الشديدة وندرة الغذاء والماء. فندرة الموارد وقلتها كانت ذات أثر مباشر في قتل الملايين من الأنفس البشريّة. وتعدّ ندرة الموارد عند الاقتصاديين الخطر الأساس الذي يهدد الوجود البشري في هذا العصر. ويعتبرها الاقتصاديّون كذلك معضلة اقتصادية ناتجة عن رغبات الإنسان غير المتناهية مقابل موارد محدودة ومتناهية. ومن الأمور التي يقترحها الاقتصاديون من اجل التغلب على هذه المشكلة أن النّاسن ينبغي عليهم أن يختاروا الموارد الضرورية والحاجية لتلبية رغباتهم. فمفهوم الندرة من منظور الاقتصاد التقليدي يعني موارد محدودة في العالم مقابل حاجات ورغبات غير محدودة. وسبب ذلك عند الاقتصاديين أن الطبيعة لا توفر موارد كافية لتلبية حاجات الناس ورغباتهم غير المتناهية. ونظرة الإسلام التي يمثلها القرآن الكريم والسنة النبوية الشريفة لمسألة الندرة نظرة مختلفة تماما عن نظرة الاقتصاد التقليدي. ويعنى هذا البحث ببيان أن الندرة ليست مشكلة الطبيعة التس سخّرها الله تعالى للإنسان،  ولكن المشكلة في أخلاقيات الناس وتصرفاتهم في الموارد الطبيعية وطريقتهم في الانتفاع بها التي أدت إلى إدخال الضرر والفساد على الموارد الموجودة.الكلمات المفتاحية: الإسلام، ندرة الموارد، الاقتصاد المعاصر، الموارد الطبيعية، الطبيعة. **************************************               AbstractAmong the main problems that the world is facing today are poverty and destitution caused by severe scarcity of economic resources and the scarcity of food and water. The lack of resources has already caused the death of millions of human beings. The scarcity of resources is counted by economists as the primary danger that threatens the human existence. Economists also consider it an economic dilemma caused by infinite human desires against limited and finite resources. In order to overcome this problem among the suggestions made by economists is that human beings should choose only necessary resources to satisfy their desires. The conventional concept of scarcity is that the resources in the world are limited vis-à-vis the unlimited human needs and desires. The reason for that according to economists is that the nature does not provide sufficient resources to meet people’s endless needs and desires. Islamic approach as represented by the Holy Qur’an and the Sunnah to the issue of scarcity is essentially different from the conventional viewpoint of economists. This paper proposes and explains that the problem is not in the nature which Allah has made subservient to man, but it is in the ethics of the people and their behaviour and way of utilization of natural resources, which ultimately damage and corrupt the available resources.Keywords: Islam, Scarcity of Resources, Modern Economy, Environmental Resources, Nature.


Author(s):  
В.Н. СУРОВЦЕВ ◽  
Е.Н. ПАЮРОВА

Проанализированы проблемы на рынке молока и молочных продуктов России в условиях глобального экономического кризиса: перепроизводство молока в основных странах-экспортерах, снижение закупочных цен на сырое молоко, снижение цен на биржевые товары в мире и России в 2020 году, тренд на уменьшение спроса на молочные продукты на мировом рынке в среднесрочном периоде, снижение общего спроса на молочные продукты на внутрироссийском рынке при падении реальных доходов населения, изменение структуры потребления. Проведена оценка новых возможностей и угроз для развития отрасли: со стороны потребителей — рост цен на продовольствие, снижение доходов; с позиции производителей молока — снижение закупочных цен, рост требований к сырью для производства продукции с увеличенными сроками годности, дефицит рабочей силы, вероятное сокращение господдержки в результате снижения цен на углеводороды, попытки регулирования цен; со стороны перерабатывающих предприятий — сокращение спроса, снижение цен на готовую продукцию вслед за мировыми ценами. Обоснованы приоритеты инвестирования в молочном скотоводстве и основные формы совершенствования государственной поддержки отрасли, обеспечивающие эффективную адаптацию производителей молока к новым экономическим условиям, повышение устойчивости отрасли при усилении макроэкономических рисков. The article analyzes the problems in the Russian milk and dairy products market in the context of the global economic crisis: overproduction of milk in the main exporting countries, lower purchase prices for raw milk, lower prices for commodities in the world and in Russia in 2020, trend to reduce demand for dairy products on the world market in medium term, a decrease in total demand for dairy products in the Russian market with a decrease in the purchasing power of the population, a change in the structure of consumption. An assessment of new opportunities and threats to the development of the industry was carried out: on the part of consumers — rising food prices, lower incomes; from the perspective of dairy producers — reduction in purchase prices, increased requirements for raw materials for the production of products with extended periods, labor shortages, the likely reduction in state support as a result of lower prices for hydrocarbons, attempts to regulate prices; on the part of processing enterprises — reduction of demand, reduction of prices for finished goods following world prices. The investment priorities in dairy cattle breeding and the main forms of improving state support for the industry, ensuring the effective adaptation of milk producers to new economic conditions, increasing the sustainability of the industry with increasing macroeconomic risks, are substantiated.


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