scholarly journals THE EFFECT OF BITCOIN ON THE GLOBAL ECONOMY IN THE CONTEXT OF THE EVOLUTION OF CONCEPTS RELATED TO DIGITAL DEVELOPMENT

2021 ◽  
pp. 7-15
Author(s):  
Bilal Jibai ◽  
Ahmad Nassour
Keyword(s):  
World Bank ◽  
Global Economy ◽  
World Economy ◽  
Technological Improvement ◽  
The Social ◽  
The World ◽  
Digital Development ◽  
Social Side ◽  
Excessive Number ◽  
Selection Of

This study intends to sort out what will be the normal choices of the customary financial frameworks and how the world economy will draw in and manage those normal other options. Since technological improvement is profoundly quick and momentous, it is imperative to comprehend the discernments, practices, correspondence, and the possibility of selection of those other options. Advanced monetary standards and cryptographic forms of money are non-customary financial monetary forms that depend on something referred to as blockchain innovation. There is an excessive number of advanced digital forms of money these days, all of them having their own attributes and specificities. A portion of those advanced digital currencies will be studied in this research. It is imperative to mention here that only one out of every odd nation acknowledges the progress in this area, and  such nations arrangement are often influenced by their World Bank rank — low, lower-middle, upper-middle, and high-income countries. More, this research looks at the social side of bitcoin and blockchain development in these nations. Bitcoin is tremendously influencing the economy overall. That’s why it quickly became of interest for many financially trained professionals and academicians. Unfortunately, this type of money has been increasingly used for criminal activities too. This research discusses all these sides as well as the important impacts bitcoin has on the population.

Prospects for the global economy in 2017

2016 ◽  
Keyword(s):  
World Bank ◽  
Global Economy ◽  
World Economy ◽  
Average Growth ◽  
New Normal ◽  
Content Type ◽  
The World Bank ◽  
Factors Influencing ◽  
The World ◽  
Downward Spiral

Subject Prospects for the global economy in 2017. Significance The IMF, the OECD and the World Bank see the world economy growing by about 3.0% next year, little changed from its 2012-16 average growth but down from the 5.1% average achieved during 2003-07. Factors influencing the outlook include weak trade and poor productivity along with high debt levels and policy limitations: these feed into each other, creating a downward spiral of growth expectations. Nonetheless, many economies are well placed to cope with this 'new normal'.

The importance of tourism development and its impact on the global economy

2021 ◽  
Vol 17 (5) ◽  
pp. 983-1004
Author(s):  
Sergei B. ZAINULLIN ◽  
Chidimma R. NWACHUKWU ◽  
Berhane D. SEMERELUL
Keyword(s):  
Global Economy ◽  
World Economy ◽  
Economic Security ◽  
Key Factors ◽  
Social Sphere ◽  
The Social ◽  
The World ◽  
Analysis And Synthesis ◽  
Huge Impact ◽  
Negative Factors

Subject. Tourism is one of the most important industries in the world and national economy and for many countries the development of tourism is one of the key factors of economic security. Objectives. We consider the factors of tourism influence on the national and world economy, identify both positive and negative factors and their impact on the economy, social sphere, security of the State. Methods. The research is based on methods of structural analysis, traditional methods of economic analysis and synthesis. Results. The factors of tourism influence on the economy, socio-cultural sulfur, ecology, safety are revealed and classified into positive and negative ones. Conclusions and Relevance. The study showed that tourism is one of the most important sectors of the world economy, having a huge impact not only on the economy, but also on the social sphere, the level of employment, environment, food security, resource use, cultural interaction, and national security.

scholarly journals Theorising capitalist diversity: The uneven and combined development of labour forms

2014 ◽  
Vol 38 (1) ◽  
pp. 129-141 ◽  
Author(s):  
Nick Taylor
Keyword(s):  
Capital Accumulation ◽  
Global Economy ◽  
World Economy ◽  
Transnational Migration ◽  
Spatial Relations ◽  
Uneven Development ◽  
The Social ◽  
Uneven And Combined Development ◽  
The World ◽  
National Boundaries

This article seeks to elaborate a framework for the study of diversity in forms of labour using Trotsky’s theory of uneven and combined development (UCD). It argues that labour markets are constituted by systemic processes of capital accumulation and uneven development in the global economy, but that these processes have highly differentiated outcomes in terms of the forms of labour that have historically emerged within and across national boundaries. Exploring some of the neglected elements of different forms of labour, including non-waged labour, the article demonstrates how we might conceptualise the way in which combinations of labour forms exist within any given space of the world economy. Using the examples of both internal and transnational migration, it argues that charting the social and spatial relations of production, and the labouring experiences and forms of worker politics associated with them, is an effective way of understanding the constitution and restructuring of different forms of labour.

scholarly journals RESHAPING THE REGIONAL ECONOMIC INTEGRATION: THE CASE OF NAFTA-USMCA TRANSFORMATION

2020 ◽  
Author(s):  
Nadiia Fedorova ◽  
Hlib Ziubanov ◽  
Olena Ladushyna
Keyword(s):  
World Bank ◽  
Global Economy ◽  
World Economy ◽  
State Of The Art ◽  
Recent Change ◽  
Global Trends ◽  
The World Bank ◽  
Short Period ◽  
The World ◽  
Constant Growth

Global trends indicate that the activation of integration processes characterize the state-of-the-art situation of the world economy. The WTO statistics show the constant growth in the number of regional trade agreements (RTA). These RTAs are not the static entities of the global economy but dynamic actors which are reshaping all the time (Brexit, NAFTA-USMCA transformation, Ukraine’s exit from the CIS can prove this). The objective of this study is the recent change in the NAFTA agreement as one of the most influential RTA in the world. According to The World Bank data in 2019 global GDP consisted of NAFTA’s GDP on 28 %, global export consisted of NAFTA’s export on 12 %, meanwhile, NAFTA’s import was 19 % of the global one. The investigation shows that all of the NAFTA countries took the advantage of the deal and had their benefits. Separately they would never have achieved such astounding results in quite a short period of time.

scholarly journals World economic development within domination of regional states

2018 ◽  
Keyword(s):  
Economic Development ◽  
World Bank ◽  
Regional Integration ◽  
Global Economy ◽  
World Economy ◽  
The United States ◽  
Change World ◽  
The World Bank ◽  
The World ◽  
World Economic

The article deals with the world economic development within the domination of regional states that continue to play an important role, despite the regional integration processes affect and change world ecocnomy. Today, according to the World Bank data, such states are the United States of America, China, Japan, Germany, Great Britain, France, India, Italy, Brazil, Canada. Today these regional states have the largest economies in the world. The article analyzes the main indicators of the states that characterize their position in the world economy in 2016. The study determines the share of the macrogeographic regions, which includes the largest regional states in the world economy. The forecast is made on the basis of current trends in the global economy, 2016-2017 and the World Bank data on the world economy development by 2030. The regional states are identified as the largest economies in the world by that time.

The Role of Technological Change in the Long-run Global Economy Forecasting

2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin
Keyword(s):  
Technological Change ◽  
Data Quality ◽  
Long Range ◽  
Global Economy ◽  
World Economy ◽  
Qualitative Approaches ◽  
Long Run ◽  
The World ◽  
National Economies

The author compares several quantitative and qualitative approaches to forecasting to find appropriate methods to incorporate technological change in long-range forecasts of the world economy. A?number of long-run forecasts (with horizons over 10 years) for the world economy and national economies is reviewed to outline advantages and drawbacks for different ways to account for technological change. Various approaches based on their sensitivity to data quality and robustness to model misspecifications are compared and recommendations are offered on the choice of appropriate technique in long-run forecasts of the world economy in the presence of technological change.

Cyclic Economic Dynamics and Deflationary Phenomena: Analysis and Forecasts

2018 ◽  
pp. 48-62
Author(s):  
Руслан Гринберг ◽  
Ruslan Grinberg ◽  
Леонид Гринин ◽  
Leonid Grinin ◽  
Андрей Коротаев ◽  
...  
Keyword(s):  
Economic Crisis ◽  
Global Economy ◽  
World Economy ◽  
Control Mechanisms ◽  
Economic Dynamics ◽  
Western Economy ◽  
The World

The modern deflationary phenomena in the western and global economy are attributed to the fact that currently it is at the downward phase of the fifth long K-wave. Deflation has always been typical for the depressive periods in economy; presently it also manifests itself as the world economy has turned global, yet it lacks any control mechanisms. The authors suppose that a new economic crisis will break out in the western economy in the second half of 2018–2019 and that the depressive and deflationary trends will continue for another number of years.

The World Economy through the Lens of the United Nations

2018 ◽  
Keyword(s):  
World War Ii ◽  
United Nations ◽  
Global Economy ◽  
World Economy ◽  
Social Conditions ◽  
Policy Recommendations ◽  
The Past ◽  
The World ◽  
World Economic ◽  
The United Nations

This volume documents the intellectual influence of the United Nations through its flagship publication, the World Economic and Social Survey (WESS) on its seventieth anniversary. Prepared at the Department of Economic and Social Affairs (DESA) and first published in 1948 as the World Economic Report (subsequently renamed the WESS), it is the oldest continuous post-World War II publication of this kind, recording and analysing the performance of the global economy and social development trends, and offering relevant policy recommendations. This volume highlights how well WESS has tracked global economic and social conditions, and how its analyses have influenced and have been influenced by the prevailing discourse over the past seven decades. The volume critically reflects on its policy recommendations and their influence on actual policymaking and the shaping of the world economy. Although world economic and social conditions have changed significantly over the past seven decades and so have the policy recommendations of the Survey, some of its earlier recommendations remain relevant today; recommendations in WESS provided seven decades ago seem remarkably pertinent as the world currently struggles to regain high levels of employment and economic activity. Thus, in many ways, WESS was ahead of the curve on many substantive issues. Publication of this volume will enhance the interest of the wider community of policymakers, academics, development practitioners, and members of civil society in the analytical work of the UN in general and UN-DESA in particular.

scholarly journals The impact of the COVID-19 pandemic on socio-economic and sustainability

2021 ◽  
Author(s):  
Xueli Wei ◽  
Lijing Li ◽  
Fan Zhang
Keyword(s):  
World Economy ◽  
Social Economy ◽  
Secondary Data ◽  
Well Being ◽  
Cross Sectional ◽  
The Social ◽  
The World ◽  
The Status ◽  
Sectional Analysis ◽  
The Impact

Pumping elephantThe COVID-19 pandemic has adversely affected the lives of people around the world in millions of ways . Due to this severe epidemic, all countries in the world have been affected by all aspects, mainly economic. It is widely discussed that the COVID-19 outbreak has affected the world economy. When considering this dimension, this study aims to examine the impact of the COVID-19 pandemic on the world economy, socio-economics, and sustainability. In addition, the research focuses on multiple aspects of social well-being during the pandemic, such as employment, poverty, the status of women, food security, and global trade. To this end, the study used time series and cross-sectional analysis of the data. The second-hand data used in this study comes from the websites of major international organizations. From the analysis of secondary data, the conclusion of this article is that the impact of the pandemic is huge. The main finding of the thesis is that the social economy is affected by the pandemic, causing huge losses in terms of economic well-being and social capital.

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