scholarly journals Fractional Dynamics and Pseudo-Phase Space of Country Economic Processes

Mathematics ◽  
2020 ◽  
Vol 8 (1) ◽  
pp. 81
Author(s):  
José A. Tenreiro Machado ◽  
Maria Eugénia Mata ◽  
António M. Lopes

In this paper, the fractional calculus (FC) and pseudo-phase space (PPS) techniques are combined for modeling the dynamics of world economies, leading to a new approach for forecasting a country’s gross domestic product. In most market economies, the decline of the post-war prosperity brought challenging rivalries to the Western world. Considerable social, political, and military unrest is today spreading in major capital cities of the world. As global troubles including mass migrations and more abound, countries’ performance as told by PPS approaches can help to assess national ambitions, commercial aggression, or hegemony in the current global environment. The 1973 oil shock was the turning point for a long-run crisis. A PPS approach to the last five decades (1970–2018) demonstrates that convergence has been the rule. In a sample of 15 countries, Turkey, Russia, Mexico, Brazil, Korea, and South Africa are catching-up to the US, Canada, Japan, Australia, Germany, UK, and France, showing similarity in many respects with these most developed countries. A substitution of the US role as great power in favor of China may still be avoided in the next decades, while India remains in the tail. The embedding of the two mathematical techniques allows a deeper understanding of the fractional dynamics exhibited by the world economies. Additionally, as a byproduct we obtain a foreseeing technique for estimating the future evolution based on the memory of the time series.

1980 ◽  
Vol 7 (3) ◽  
pp. 203-206 ◽  
Author(s):  
Willem Meijer

While developed countries of the world are expressing growing concern about the plight of tropical rain-forests, it is necessary to understand the issues involved. They are not merely populaton growth, the world food problems, and the ever-growing demand for natural resources, but also environmental ethics and the attitudes of resource managers and other decision-makers. These last issues might be even more important in the long run than purely demographic and socio-economic problems.The Author of this essay attempts to build up a case for the need of a global environmental ethic which would incorporate existing values of respect for living creatures, sacred groves, and sacred animals—such as still survives among the cultures of the less-developed parts of the tropical world. It might well be that the life-styles of strongly vegetarian societies, and the intensive tropical lowland agriculture as practiced in and around irrigated rice-fields in Southeast Asia, could be used as a model for wiser use of renewable natural resources in the lessdeveloped tropical areas.


Author(s):  
L. P. Singh

Recent Years have witnessed a sea change in the very approach to corporate governance. Modern corporate governors do not view ‘maximisation of shareholders’ value’ as the sole mission of corporate management. Safeguarding and protecting the interests of the cross-sections of the society has come to occupy the ‘central stage’ of corporate planning today. This ‘new-found corporate philosophy’ is popularly referred to as Business Ethics in management jargon. Of late, the coverage and scope of business ethics have started expanding by leaps and bounds. Corporate practices the world over amply bear out today that the contours of business ethics are no longer confined to an abstract do’s and don’ts for business but represent a set of fundamental beliefs about the same. Observance of corporate ethics has become a global phenomenon with the US emerging as world leader. Other (developed) countries, however, do not lag far behind. Modest attempts have also been made in our country. We do have a host of socially responsible corporate: Tata group of industries providing the beacon light. Yet, we have a long way to go, particularly from the viewpoint of protecting the interests of the consumers, who are badly unorganised even today.


2020 ◽  
Vol 3 (2) ◽  
pp. 169-175
Author(s):  
Listania Felia Kartika Candra ◽  
Agnira Rekha

 The COVID-19 pandemic affected its economic impact and disrupted all the economies in the world, including in Indonesia, causing many people to lose their jobs, close some of their businesses and the possibility of an economic crisis. When the number of cases of infection and death has increased sharply and recovery from a pandemic remains uncertain even in developed countries, evidence of shocks throughout the economy including China, Europe and the US has emerged. The purpose of this paper is to provide an overall understanding of the possibility of a pandemic macroeconomic shock, which includes economic activity in several affected areas, knowing how much the hospitality industry is affected by the same experiencing losses due to not having visitors as usual days. The COVID-19 pandemic also caused several sectors of Digital Travel Marketing companies to experience a drastic decline because almost all public transportation access was restricted and given a 100% refund. This paper discusses the monetary effects of COVID-19 emergencies across companies, and countries. It speaks of a monetary crisis through financial movements which are strongly affected by the ongoing pandemic. The monetary potential of COVID-19 throughout the world is still in high percentage, some workers are still in the period of vacation and some have been fired from the company.Keywords: Pandemic Effects, Tourism Industry, Tangerang


Author(s):  
Marina E. Trigubenko ◽  
◽  
Tatiana V. Lezhenina ◽  

During the 8 years of the DPRK leadership, Kim Jong-un has been trying to position himself as a major reformer of the economy and the main military strategist in the development of the production of the latest intercontinental missiles directed towards the United States. Kim Jong-un presented the economic program for the first time at the VII Congress of the Labor Party of Korea in 2016 in the format of the three main tasks of the first five-year plan for 2016-2020. Tasks. To summarize Kim Jong-un's innovations in economic development and prove that they will be effective in the context of expanding trade and economic cooperation between the DPRK and China, Russia, as well as reducing the US sanctions policy against the DPRK. Methodology. The use of methods of scientific knowledge of the reformation of the economy of less developed countries. Results. The scale of economic innovations of Kim Jong-un and the influence of the legacy left by Kim Il-sung and Kim Jong-il from the position of national ideology are proved to be self-reliant (Juche), which complicates and slows down the transition of North Korea to the number of democratically developed countries of the world, political and trade-economic DPRK cooperation with the Republic of Korea. Findings. Today, China has always been and remains the main military-political ally and economic partner of the DPRK. Sino-US relations have become much more complicated as a result of the trade war and US accusations of concealing by China the real reasons for the appearance and spread of COVID-19 all over the world. The DPRK's economic relations with the United States do not develop after direct contact in 2019 of Donald Trump with Kim Jong-un. External and internal threats and risks in the use of innovations remain.


Author(s):  
Ria Banerjee
Keyword(s):  
The Us ◽  
Post War ◽  

Charles Spenser Chaplin was born in London on April 16, 1889, and died on Christmas Day, 1977, at home in Corsier-sur-Vevey, Switzerland. He had been famous across the world since his Tramp persona first hit screens in 1914 and besides earning numerous film awards he was knighted in 1975. Chaplin took to the stage in 1898 and came to the US in 1910 on tour with a British vaudeville troupe. In December 1913 he joined the Keystone Pictures studio in Hollywood with whom he made hits like The Kid (1921) and The Gold Rush (1925). Nonetheless, Chaplin embodied the essence of modernism. The Little Review, where James Joyce’s Ulysses (1922) was first serialized, published an admiring article calling him "the Mob-God," a figure who embodied the gestalt of the times (1916). When WWI broke out Chaplin did not enlist, which momentarily dipped his appeal; he returned to popularity in the post-war period with hits like The Kid (1921) and The Gold Rush (1925). Chaplin grew restless with the Tramp persona and wanted to leave it behind (Casseres, NYTimes, 12/12/1920), but it was not until The Great Dictator (1940) that he abandoned it. This was also his first sound film.


Author(s):  
David Hastings Dunn

Commencing from an observation by Freedman that Donald Rumsfeld’s legacy as US Secretary for Defense was comparable with that of Robert McNamara, and that where the latter begat the ‘Vietnam syndrome’ , the former would leave behind the ‘Iraq syndrome’. Analysis of discourse under President Obama reveals that the effects of Iraq are more profound than Freedman indicated. In the Obama era the use of force itself was ever more in doubt. In limiting US commitment to fighting for core interests and formal allies, the Obama administration broke with the main post-war tradition of US foreign policy. This made the use or threat of force more difficult, as the appetite for risk was blunted by its experience in Iraq. Obama’s position was unhelpful in embracing the implications of the limitations of American power. US ‘risk aversion’ risked failing both the US and the world.


2003 ◽  
Vol 52 (3) ◽  
pp. 587-614 ◽  
Author(s):  
Meg Russell ◽  
Colm O'Cinneide

The issue of women's under-representation in politics continues to be controversial and pressing in countries all over the world. According to the Inter Parliamentary Union, only 14.7 per cent of the world's legislators are women.1 In no country do women achieve parity with men in terms of parliamentary representation. The record of many of the world's most developed countries is particularly poor. Looking at lower houses of the legislature, in the US women's representation is only 14 per cent, in the UK 18 per cent, France 12 per cent and Italy 10 per cent. These countries are considerably out-performed by others such as South Africa and Argentina, both at 30 per cent.2


1972 ◽  
Vol 186 (1) ◽  
pp. 269-280 ◽  
Author(s):  
L. J. Kastner

The Engineering Profession in the developed countries has greatly increased in numerical strength in recent years but the future pattern is not clear and forecasts of manpower needs in industry are unreliable. Nevertheless, statistics indicate that the United States has, relative to the industrial population as a whole, a clear advantage in technological manpower in the Western World though Russia may, perhaps, be even stronger. The difficulty of evaluating the evidence is stressed. In the world as a whole international co-operation tends to reduce the inequalities of distribution but an enormous task lies before the developing countries which need to produce and retain many more engineers.


2019 ◽  
pp. 23-36
Author(s):  
Taras MARSHALOK ◽  
Ivanna MOROZ

Introduction. An increase in public debt may have a negative, neutral or positive impact on the country's economic development. A big loan does not mean big growth; it all depends on how the public money is spent. The same amount of money spent by governments from dif­ferent countries has a different meaning for domestic development and the dynamics of public debt. The reasons are differences in the size of GDP, the structure of government borrowings, the shadow economy. Purpose. The objective of this paper is to deepen the theoretical backgrounds and applied aspects of influence of the public debt on the economic development of the country. Methods. In the research process, a set of research methods and approaches were used: systemic, structural-functional, comparisons and others. Results. The problem of a high level of public debt is acute in many countries throughout the world, including Ukraine. Nobody can say for sure whether a high public debt holds back the country's economic development. Theoretically, economically weaker countries, having regard to the financial constraints and economic needs, should have a higher level of public debt in relation to GDP than countries with high levels of development. However, comparing the data on the ratio of public debt and GDP in the EU, it can be noted the following: the higher indicators in the more developed countries of the EU. The latter, in fact, are the largest lenders of the world economy and at the same time have the largest volumes of the public debt both in absolute terms and in relation to GDP. As a result of the unsatisfactory financial state of the public sector, household saving goes to the repayment of the higher-level commitments, and not for the financing of the development of companies. This is especially problematic if we look at the situation of future generations – they will have less capital at their disposal. Public debt is a reduction in future revenues; hence, it is an intergenerational problem. Conclusions. It is possible to make proposals that will have a significant impact on the growth of the economy and the reduction of the public debt: – internal borrowing but not the external loans are economically justified. In this case, the debts do not increase the money base and the turnover of funds is carried out within the state; – entrepreneurship requires the systematic and consistent support that will stimulate the economic development, which needs stable business conditions in the long run.


2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Muhammad Fahim Khan, Dr. Muhammad Ayaz Khan

Terrorism is a universally contested concept with varying understanding in different regions of the world. Its conceptualization in developed countries and developing countries is different in the essence of perception and operationalization. This study attempts to explore the genesis of terrorism generally in Pakistan and Swat valley in particular. It explores the causes and major driving forces of terrorism and the factors which contributed to its spread because of social fault lines. The menace of terrorism had been globalized in the wake of 9/11, which led the US to initiate global war on terror, but its implications on Pakistan were triggered by the US invasion of Afghanistan and the contributions of Pakistan in this regard. The global geographic attraction of Pakistan makes it vulnerable to any critical development in the world by default. To analyze the causes and impacts of the study, this study relies on a descriptive method of analysis backed by primary and secondary data in a bid to provide more diversity for a broader understanding of the outcome. This study found out multiple factors including weak social fabric, political instability, the grim economic situation of masses, poor education and health facilities, and above all, lack of social justice responsible for instigating violence in the region and urge to challenge the writ of the state, this study further debates on the losses incurred to inhabitants with the destruction of civil infrastructure. Pakistan lost approximately 35000  civilians and 7000 military personnel in the war on terror in exclusion to the loss of the economy in this particular area. This study efforts to suggest concrete steps to improve security conditions in the area to foster socio-economic development in the region and provide adequate facilities and living standards.


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