scholarly journals Environmental Sustainability in the context of China`s international trade Development

2021 ◽  
pp. 54
Author(s):  
Roman Zvarych ◽  
Wei Linhai
Keyword(s):  
Sustainable Development ◽  
International Trade ◽  
Natural Resources ◽  
Foreign Trade ◽  
Environmental Sustainability ◽  
Chinese Government ◽  
Trade Theory ◽  
Related Factors ◽  
Environmental Controls ◽  
The Impact

Introduction. International trade is closely related to environmental sustainable development, while promoting trade growth and environmental sustainable development are also the goals pursued by mankind. China's environmental sustainability is affected by both severe shortages of natural resources and severe environmental pollution. In addition, growing populations and rapid economic growth, as well as weak environmental controls, have increased demand for natural resources and affected their pollution. In the past year, in conditions of the complex international situation and the severe impact of COVID-19 pandemic, China’s foreign trade imports and exports have been significantly better than expected, and the scale of foreign trade has once again set a record high. However, how to ensure the growth of international trade while ensuring environmental protection? Sustainable development is one of the problems that the Chinese government needs to solve.Methods. The methodological basis of the study is a set of fundamental provisions of crisis theory, international trade theory, theory of foreign trade of national ecological and economic systems, as well as modern concepts of post pandemic development. The solution of the set tasks was carried out by using a set of general scientific research methods: analysis of scientific literature, method of analogy and comparison, theoretical synthesis, classification, methodological generalization, economic and statistical analysis, expert assessments and scientific abstraction. The authors use the Chinese Ministry of Ecology and Environment, the General Administration of Customs, Baidu academic papers, and relevant documents in the CNKI database as data sources.The purpose of research – to prove the environmental sustainability in the context of China’s international trade development.Results. The research proved the environmental sustainability in the context of China’s international trade development. The research substantiates environmental sustainability in the context of China's international trade development. Related factors of international trade in the context of environmental sustainability have been identified. The formation of modern international trade in the conditions of changing the ecological environment of China is analyzed. Countermeasures on environmental sustainability in the context of China's growing international trade are proposed. Through the summary of research, it is found out the relevance and causality between trade and the environment, analyze and study the changes in relevant data, and summarize the main imbalances in the process of China's response to international trade and environmental sustainable development, so as to put forward corresponding problems in response to these issues solution.Prospects. The results of the research discover the environmental sustainability in the context of China's international trade. The prospect of further research is to apply the impact of the China's international trade development on its environmental sustainability for the development of domestic foreign trade policy.

scholarly journals Trade-off between India’s Trade Promotion and its Environmental Sustainability

2019 ◽  
Vol 8 (3) ◽  
pp. 405
Author(s):  
Manasi Gore ◽  
Meenal Annachhatre
Keyword(s):  
Sustainable Development ◽  
Environmental Pollution ◽  
Foreign Trade ◽  
Environmental Sustainability ◽  
National Income ◽  
Petroleum Products ◽  
Economic Sustainability ◽  
Green Products ◽  
Gold Silver ◽  
Petroleum Refineries

The concept of sustainable development involves three components namely economic, social and environmental. In a developing economy like that of India, the economic sustainability demands higher growth of key economic indicators such as National income, employment generation, production, consumption and even the foreign trade. The growth of foreign trade and that of the exports are very critical for the foreign exchange reserves essential to pay for the imports in India. Trade as an engine of the economic growth thus fulfils the essential implication for economic sustainability. But in achieving this growth, economy’s environmental sustainability is at stake. This is because, the top export products of India still comprise of petroleum products (18%) , agricultural products (12%), textiles and yarns together at 11 % and chemicals (10%). All these exports in their production have immensely contributed towards environmental pollution in one way or the other. Mining for gold, silver and diamonds resulted in water pollution, Green House Gas emission, and soil erosion. Petroleum refineries are a major source of hazardous and toxic air pollutants such as particulate matter (PM).Though India’s contribution to the total world trade is yet negligible, while promoting the major exports as mentioned above the natural resources are exploited too much and thus create a threat to India’s environmental sustainability. This paper therefore advocates the need for the Green products’ exports to make India’s growth story even environmentally sustainable. Keywords: Sustainable development, Green products, Exports, Imports, Environmental Pollution

scholarly journals POLITICAL AND ECONOMIC CONTENT OF THE THEORY OF INTERNATIONAL TRADE

2021 ◽  
Vol 118 (5) ◽  
pp. 48-65
Author(s):  
ONYSHCHENKO Volodymyr
Keyword(s):  
International Economic ◽  
Political Economy ◽  
International Trade ◽  
Trade Policy ◽  
State Level ◽  
Trade Theory ◽  
Economic Relations ◽  
International Economic Relations ◽  
The Subject ◽  
The Impact

Background. Dynamic changes in international economic relations and trade for thorough analysis and forecasting require an adequate paradigm of international trade theory, which would take into account not only economic and political factors of its development, but also the diverse civilizational context of the world community, which determines mental, social and cultural features of the development of a country. Problem research state. Problems of political economy in international trade to some extent affect the research of P. Krugman, M. Obstfeld, J. Frieden, E. Helpman, P. S. Afontsev, A. Mazaraki, T. Melnyk, V. Panchenko, N. Reznikova and others. But the structure of its methodological discourse and the subject of its research remain unclear. The aim of the articleis to clarify the political and economic discourse of the theory of international trade. Materials and methods. The materials of the research were the works of domestic and foreign specialists. In the process of preparing the article, general scientific research methods were used: historical, logical analysis, synthesis and abstraction. Results. Political economy is a normative manifestation of economic theory, which is formed under the influence of socio-economic and political concepts, the formed goals of social development. The subject of political economy of international trade – economic and socio-political relations that determine and accompany international trade and determine the goals and content of trade policy of its subjects. It is proposed to expand the mechanism of formation of relative advantages and trade policy of the country by including factors that determine not only its economic potential and specialization, but also the risks that may be caused by political decisions. It is argued that the problem of «protectionism vs liberalism» in international trade at the state level will always exist. It turns out that the problem of justice in international economic relations and trade is determined by the civilizational content of the development of countries, in which human capital plays a crucial role. Conclusion. The paradigm of political economy in international trade should be based on an expanded interpretation of relative benefits by assessing the impact of economic, social and political institutionson them, the peculiarities of national trade policies.

Industry 4.0 and Sustainability

2020 ◽  
pp. 67-84
Author(s):  
Sibel Yildiz Çankaya ◽  
Bülent Sezen
Keyword(s):  
Sustainable Development ◽  
Global Warming ◽  
Natural Resources ◽  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
New Business ◽  
The Impact ◽  
Industrial Revolutions ◽  
New Business Models

Modern industry developed over several centuries and three industrial revolutions. Today, we experience the fourth era of the industrial revolution, Industry 4.0. The advance of industrialization brought along many problems, including environmental pollution, global warming, and depletion of natural resources. As a result, the concept of sustainability began to gain importance. Sustainability can be achieved through a balance between economic, social, and environmental processes. In order to establish such balance, businesses need new business models or insights. At this point, Industry 4.0 can be regarded as a new business mindset that will help businesses and communities move towards sustainable development. The technologies used by Industry 4.0 bear a strong promise to solve these problems, after all. Even though Industry 4.0 attracts a lot of attention lately, few works are available on its impact on sustainability. This chapter examines the impact of Industry 4.0 on sustainability.

scholarly journals Identifying the resource integration processes of green service

2019 ◽  
Vol 31 (4) ◽  
pp. 839-859 ◽  
Author(s):  
Hugo Guyader ◽  
Mikael Ottosson ◽  
Per Frankelius ◽  
Lars Witell
Keyword(s):  
Natural Resources ◽  
Environmental Sustainability ◽  
Biological Diversity ◽  
Service Providers ◽  
Service Research ◽  
Natural Ecosystem ◽  
Resource Integration ◽  
Content Type ◽  
Negative Environmental Impact ◽  
The Impact

Purpose The purpose of this paper is to improve the understanding of green service. In particular, the focus is on identifying homopathic and heteropathic resource integration processes that preserve or increase the resourceness of the natural ecosystem. Design/methodology/approach Through an extensive multiple case study involving ten service providers from diverse sectors based on a substantial number of interviews, detailed accounts of green service are provided. Findings Six resource integration processes were identified: reducing, recirculating, recycling, redistributing, reframing and renewing. While four of these processes are based on homopathic resource integration, both reframing and renewing are based on heteropathic resource integration. While homopathic processes historically constitute a green service by mitigating the impact of consumption on the environment, heteropathic resource integration increases the resourceness of the natural ecosystem through emergent processes and the (re)creation of natural resources. Research limitations/implications The present study breaks away from the paradigm that “green service” is about reducing the negative environmental impact of existing services, toward providing a green service that expands biological diversity and other natural resources. Originality/value Transformative service research on environmental sustainability is still in its infancy. The present study contributes through conceptualizing green service, redefining existing resource integration processes (reducing, recirculating, recycling) and identifying new resource integration processes (redistributing, reframing, renewing).

scholarly journals THE EXCHANGE RATE REGIME AND INTERNATIONAL TRADE: EVIDENCE FROM GHANA

2021 ◽  
pp. 1-8
Author(s):  
Adubofour Isaac
Keyword(s):  
International Trade ◽  
Exchange Rate ◽  
Foreign Trade ◽  
Electric Power ◽  
Time Series Data ◽  
Labour Force ◽  
Series Data ◽  
Inverse Association ◽  
The Impact ◽  
The Relationship

The degree of fluctuation of a country’s currency in relation to other currencies is an important factor in determining her foreign trade position. The study employed both theoretical and empirical approaches to examine Ghana’s real exchange rate and the impact on her foreign trade. A time series data, spanning from 1991 to 2019 was analyzed in an attempt to establish the relationship between exchange rate and economic growth. It is argued in the study that exchange rate has impact on a country’s export volumes. A verification on the relationship between labour force and international trade was also conducted. The study was also extended to examining the impact of a country’s access to stable electric power on export volumes. Findings of the study revealed a statistically significant and inverse association existing between exchange rate and international trade. The study also found that, wide electricity coverage has statistically significant and direct effect on foreign trade, resulting from an increased production capacity due to the availability of electric power. The study however found no suggestive evidence to support the claim that, labour force has impact on her foreign trade. A test on granger causality found no causal linkage between the variables. KEYWORDS: Exchange rate, international trade, labour force, exports.

scholarly journals Green Economy a Design for Sustainable Development of India

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
P.S. Kamble
Keyword(s):  
Sustainable Development ◽  
Natural Resources ◽  
Environmental Sustainability ◽  
Industrial Revolution ◽  
Agricultural Land ◽  
Raw Materials ◽  
Resource Depletion ◽  
Economic Transformation ◽  
The State ◽  
Green Economy

Industrial revolution turned India into a source of rare, raw materials for British industries as well as a market for their finished products. The British only concentrated on the use of production factors and mass production for earning profit and collecting wealth for selfish development and it has led to a depletion of certain natural resources, leaving the environment permanently damaged and injured. The environmental issues in India become more serious every day like that lack of environmental education, reducing fertility of agricultural land, declining water level on earth, mass deforestation, land degradation, excess use of fertilizers and chemical in food production and river contamination and pollution. Green economy is a design and remedy on sustainable development, sustainable environment and environmental balance. It is against this backdrop, the present research study analyses the state of green economy and its linkages with sustainable development, environmental sustainability with reference to India. The present study concludes that the depletion of natural resources in India was not over or excessive is a move towards a green economy in connection with the indicator of natural resource depletion. The state of sanitation facilities in India is not very much happy and satisfactory. Access to water shows for India it is good, but not better which reveals India has failed in providing drinking water, consequently economic transformation and green economy for sustainable development of India. The important and policy suggestions of the present study are; planned extensive and intensive efforts are very much necessary from India as well for the development of health, water supply and sanitation facilities. Government of India should be more active and dynamic in realizing their green economy. Participation and involvement of people should be obligatory and enhanced in undertaking various activities useful for attaining the green economy and there by sustainable development.

scholarly journals RUSSIA’S IMPACT ON THE COMPETITIVENESS OF OTHER EAEU MEMBER STATES WITH RESPECT TO TRADE IN HIGH-TECH GOODS

2018 ◽  
Vol 6 ◽  
pp. 100-106
Author(s):  
Krzysztof Falkowski
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
International Competitiveness ◽  
High Tech ◽  
Hypothetical Situation ◽  
Member States ◽  
Comparative Advantages ◽  
The Impact

The main objective of this article is to determine the influence of Russia (in terms of their exports to Russia) on the competitiveness of Armenia, Belarus, Kazakhstan and Kyrgyzstan in the international trade of high-tech goods in 2000-2016 in the context of the overall competitiveness of these countries in the international trade in this goods category. To this end, the author’s formula was used, which is a modification of the method of analysis of revealed comparative advantages in foreign trade of a given country developed by B. Balassa, while taking into account a hypothetical situation of total exclusion of exports to a country whose impact on the competitiveness of a given country is under examination. The analysis clearly shows that the influence of Russia (in terms of their exports to Russia) on the international competitiveness of Armenia, Belarus, Kazakhstan and Kyrgyzstan in the area of high-tech goods trade in 2000-2016 was generally positive, although it differed in terms of strength of the impact, with the strongest being the case of Belarus and the weakest being the case of Armenia. However, this did not change the overall uncompetitive position of the analysed EAEU countries in the total international trade of high-tech goods.

scholarly journals PENGEMBANGAN PARIWISATA ALAM DALAM MENDUKUNG PEMBANGUNAN BERKELANJUTAN DI DESA WISATA PENTINGSARI

2019 ◽  
Vol 16 (2) ◽  
Author(s):  
Riswandha Risang Aji
Keyword(s):  
Sustainable Development ◽  
Natural Resources ◽  
Environmental Sustainability ◽  
Social System ◽  
Nature Tourism ◽  
Environmentally Sustainable ◽  
Tourism Potential ◽  
Tourism Attractions

ABSTRAK Pariwisata alam merupakan pariwisata yang memiliki banyak potensi di Indonesia. Perkembangan pariwisata diselaraskan dengan pembangunan berkelanjutan yang berfokus pada ekonomi, sosial, dan lingkungan. Di Indonesia sendiri sudah banyak yang mengintegrasikan pariwisata dengan lingkungan melalui konsep ekowisata, di mana pariwisata berkembang tanpa merusak lingkungan sehingga kegiatan pariwisata tersebut berkelanjutan. Tujuan dari penelitian ini adalah mengkaji pengembangan pariwisata alam yang bisa mendukung dan selaras dengan pembangunan berkelanjutan. Temuan dari penelitian ini adalah di desa wisata Pentingsari terdapat pemanfaatan sumber daya alam untuk dikembangkan sebagai atraksi pariwisata. Selain itu desa wisata Pentingsari juga memiliki sistem sosial yang unik dan bisa menjadi atraksi pariwisata juga. Desa wisata Pentingsari sangat menjaga keberlanjutan lingkungannya melalui sistem sosial yang memanfaatkan sumber daya alam secara proporsional dan menjaga kelestarian sumber daya alam yang ada di sana. Kesimpulan dari penelitian ini adalah desa wisata Pentingsari mampu mengembangkan pariwisata alam sebagai atraksi pariwisata yang mendukung pembangunan berkelanjutan berwawasan lingkungan melalui integrasi aspek-aspek pembangunan berkelanjutan seperti ekonomi, sosial, dan lingkungan. Kata kunci: Desa Wisata, Pembangunan Berkelanjutan, Pariwisata Alam ABSTRACT Indonesia has a lot of nature tourism potential. The development of tourism is aligned with sustainable development that focused on the economy, social and environment. In Indonesia itself, most of the tourism had integrated with the environment through the concept of ecotourism, where tourism develops without damaging the environment so that tourism activities are sustainable. The purpose of this study is to examine the development of nature tourism that can support and be aligned with sustainable development. The findings of this study are that in the Pentingsari tourism village there are natural resources which utilised to be developed as tourism attractions. In additions Pentingsari tourism village also has a unique social system and can be a tourism attraction as well. Pentingsari tourism village maintain its environmental sustainability through a social system that utilises natural resources proportionally and preserves the natural resources there. The conclusion of this research is Pentingsari tourism village is able to develop nature tourism as a tourism attraction that supports environmentally sustainable development through sustainable development aspects such as economic, social, and environment. Keywords: Tourism village, sustainable development, nature touris

scholarly journals Revisiting the Relationship between Poverty and Environmental Sustainability in Sub-Saharan African Countries using Dynamic Econometric Models

Economy ◽  
2021 ◽  
Vol 8 (2) ◽  
pp. 16-25
Author(s):  
Owusu Samuel Mensah ◽  
Chen Jianlin ◽  
Fu Chuambo ◽  
Hu Qio
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Environmental Sustainability ◽  
Econometric Models ◽  
Sub Saharan Africa ◽  
African Countries ◽  
Development Goals ◽  
Sub Saharan ◽  
The Impact

Sustainable development remains an important issue in the quest to achieve a safe and a better world. The expansion of the 8 millennium development goals into the 17 sustainable development goals is a testament of the conscious desire to improve the human environment to ensure better quality of life for its citizens. This study assembles a collection of four sophisticated econometric models to determine the impact of poverty and other variables on two indicators of environmental sustainability. Beside, economic development, the study confirmed the negative impact of poverty on both indicators of sustainable development. The results prove that poverty in sub-Saharan Africa is a threat to environmental quality and its consequential challenges. The call to promote environmentally responsible behaviours should not be focused on developed countries alone. Poverty is also associated with high levels of pollution and poor countries including countries in sub-Saharan Africa contributes must equally restrategise for effective environmental goals. The study further discloses that poverty is one of the strongest factors that affect environmental sustainability. This observation is not a contradiction to the well-established fact that prosperity or economic growth is a major precursor of unsustainable environment. On the contrary the evidence in this paper amplifies a consequence of a social crisis if they fester at both ends. In one breath, whereas economic growth or economic prosperity can compromise the quality of the environment. In conclusion, this result implies that African countries in their pursuit of economic growth, education and effective healthcare to ameliorate poverty must incorporate other aggressive strategies to hasten poverty reduction.

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