scholarly journals Globalization in the World System and Its Influence on the Concepts of Accounting and Statistics

2019 ◽  
Vol 8 (3) ◽  
pp. 3943-3945
Keyword(s):  
Global Economy ◽  
World System ◽  
Digital Technologies ◽  
The World ◽  
A Company

This article examines the factors, which contributed to integration of the global economy technologies in the accounting and statistics processes. In era of advanced digital technologies, all companies are connected with each other and communicate promptly. Besides, the methods of implementing major integration measures that influence the overall financial standing of a company are also important.

The New Imperialism of Globalized Monopoly-Finance Capital: An Introduction

2015 ◽  
Vol 67 (3) ◽  
pp. 1 ◽  
Author(s):  
John Bellamy Foster
Keyword(s):  
Global Economy ◽  
Index Volume ◽  
World System ◽  
First Century ◽  
Neoliberal Globalization ◽  
Present Issue ◽  
Finance Capital ◽  
The World ◽  
Historical Specificity ◽  
New Imperialism

It is now a universal belief on the left that the world has entered a new imperialist phase.&hellip; The challenge for Marxian theories of the imperialist world system in our times is to capture the full depth and breadth of the classical accounts, while also addressing the historical specificity of the current global economy. It will be argued in this introduction (in line with the present issue as a whole) that what is widely referred to as neoliberal globalization in the twenty-first century is in fact a historical product of the shift to global monopoly-finance capital or what Samir Amin calls the imperialism of "generalized-monopoly capitalism."<p class="mrlink"><p class="mrpurchaselink"><a href="http://monthlyreview.org/index/volume-67-number-3" title="Vol. 67, No. 3: July 2015" target="_self">Click here to purchase a PDF version of this article at the <em>Monthly Review</em> website.</a></p>

Employee Ownership or How to Anticipate Financial Crises Within a Company

2022 ◽  
pp. 18-33
Author(s):  
Chibani Siham ◽  
Mohammed Elkhamlichi
Keyword(s):  
Economic Crisis ◽  
Financial Crises ◽  
Global Economy ◽  
Working Hours ◽  
Well Being ◽  
Employee Ownership ◽  
Virus Spread ◽  
Dramatic Effect ◽  
The World ◽  
A Company

The COVID-19 pandemic has turned the world of work upside down. It is having a dramatic effect on the employment, livelihoods, and well-being of workers and their families, as well as on businesses around the world, especially small and medium-sized enterprises. It started in China at the end of 2019, with that country's economy mainly the first to be affected. The global economy was then impacted as the virus spread. It is a bit early to estimate precisely the extent of the economic crisis on a company, but it is already certain that it is more brutal than before. Companies that have opened their capital to their employees are more likely to keep their employees than other companies that offer a significantly higher level of security to their employees (maintenance of working hours and compensation). What practical economic logic will be found in the company once employee ownership is applied? Would it be an effective way to overcome the various situations of discontent and anxiety among employees, where these feelings are already very strong?

scholarly journals Comecon as the «Core» of Alternative Globalization

2021 ◽  
Vol 14 (3) ◽  
pp. 104-113
Author(s):  
A. A. Popov
Keyword(s):  
Global Economy ◽  
World System ◽  
The Core ◽  
The World

Book review: «The World System of Socialism» and the Global Economy in the mid-1950s – mid-1970s/ ed. by M.A. Lipkin. Moscow: Ves’ mir, 2019.

Art of Connection

2017 ◽  
Author(s):  
Dillon Mahoney
Keyword(s):  
Global Economy ◽  
Digital Technologies ◽  
Arts And Crafts ◽  
Ethnic Networks ◽  
Models Of Development ◽  
Generational Politics ◽  
The World ◽  
The Individual ◽  
Physical Access ◽  
New Strategies

The Art of Connection narrates the individual stories of artisans and traders of Kenyan arts and crafts as they struggled to overcome the loss of physical access to roadside market space by turning to new digital technologies to make their businesses more mobile and integrated into the global economy. The book illuminates the lived experiences of marginalized Kenyan businesspeople struggling in the shadow of the country’s international tourism to balance new risks with new types of mobility. These new strategies are balanced against older models of development based on the co-operative industry and ethnic networks. But for many young traders, such models appear outdated and lacking innovation. An array of ethnic and generational politics have led to market burnings and witchcraft accusations as Kenya’s crafts industry struggles to adapt to its new connection to the global economy. To mediate the resulting crisis of trust, the Fair Trade sticker and other NGO aesthetics continue to successfully represent a transparent, ethical, and trusting relationship between buyer and producer. By balancing revelation and obfuscation—what is revealed and what is not—Kenyan art traders can thus make their own roles as intermediaries and the exploitative realities of the global economy invisible. The art of connection is, therefore, a set of strategies for making and maintaining connections by deploying notions of transparency. But as the book illustrates, it is also an artistic motif that represents the importance of ideals of transparency and connections in the world today.

Rozwój cywilizacji kapitalistycznej w perspektywie teorii systemu-świata

2017 ◽  
Vol 15 (15) ◽  
pp. 66-89 ◽  
Author(s):  
Tomasz Pawłuszko
Keyword(s):  
Sixteenth Century ◽  
Economic System ◽  
Global Economy ◽  
System Analysis ◽  
World System ◽  
Division Of Labour ◽  
Point Of View ◽  
International Division ◽  
The World ◽  
Political Economic

Article explores the issue of genesis and development of the „world-system analysis” and focuses on its approach to the proces of globalization. From the point of view of world-system analyses the global economic system has emerged since the sixteenth century. For centuries global economy has been based on the international division of labour. It creates a new kind of „capitalistic civiliation”. This paper aims to discuss the development of theoretical framework of the world-system analysis. Besides, I try to outline contemporary scientific and political-economic challenges for the concept of capitalistic civilization.

Haiti and the Limits of Sovereignty

2017 ◽  
Author(s):  
Robert Fatton
Keyword(s):  
Production Process ◽  
Global Economy ◽  
World System ◽  
Social Forces ◽  
Foreign Investments ◽  
Cheap Labor ◽  
Outer Periphery ◽  
The World

“Haiti and the Limits of Sovereignty” contends that under the weight of an externally imposed neo-liberal regime, a quasi-permanent crisis of governability, and the devastating earthquake of January 2010, Haiti has tumbled into the “outer periphery.” The outer periphery is the zone of catastrophe of the world system, which is integrated into the margins of the global economy. Starved of direct foreign investments, and compelled to engage in ultra-cheap labor activities for exports, Haiti is at the farthest end of the global production process; it is trapped in the outer periphery. The chapter also contends that while domestic social forces have played a fundamental role in Haiti’s collapse, the nation’s fall is unintelligible without studying how it was precipitated by the world system. The patterns of imperial interventions that Haiti has endured over the years, especially in the aftermath of both the fall of the Duvalier regime and the quake, have limited its sovereignty to such an extent that the country has become a virtual “trusteeship.”

scholarly journals INDUSTRY 4.0: FEATURES OF UKRAINE’S DIGITAL TRANSFORMATION

2021 ◽  
Vol 71 (3) ◽  
Author(s):  
Alina Chaikina
Keyword(s):  
Industry 4.0 ◽  
Global Economy ◽  
Industrial Revolution ◽  
Digital Technologies ◽  
Developed Countries ◽  
Digital Transformation ◽  
Automated Guided Vehicles ◽  
Added Value ◽  
Blockchain Technology ◽  
The World

It was examined in the article peculiarities of the Industry 4.0 introduction in Ukraine, in particular, it was revealed that there are new approaches to the economies functioning, taking into account processes of globalization, development of science and technology. It was determined that the global pandemic caused by COVID-19 and changes in the political, economic, social, environmental, and other spheres are accelerating the process of digitalization. The author analyzed the National strategy of Industry 4.0 and proposed key areas for implementing the concept of Industry 4.0 in Ukraine using the experience of developed countries. Factors that hinder the process of our country’s economic digitalization were identified in the article. A study of world rankings on digital transformation was conducted in order to identify the place of Ukraine in this process, in particular: “The Global Competitiveness Report 2019”, which reflects the competitiveness between countries in the Fourth Industrial Revolution; “Global Digital Readiness Index 2019”; “The Digital Network Index 2020” (Accelerating Digital Transformation in a Post-COVID Global Economy). Research has shown that our country lags behind the developed countries of the world that actively implement Industry 4.0. Author identified the most common digital technologies used in the world: 3D printing, Internet 5G, Artificial Intelligence, augmented reality, automated Guided Vehicles, blockchain technology, cloud technology, Cobot, cybersecurity, Digital Twin, drones, IoT, and IoT platforms, quantum computing, and virtual reality. The regions – world leaders in the introduction of digital technologies and companies that ensure the development of science, technology, further digitalization of their own activities were analyzed. Accordingly, prospects for further research are developing mechanisms to improve implementation of Industry 4.0 at Ukrainian enterprises, as they provide innovative changes in the economy, conduct R&D, create added value, and fill the region's budget and country. Digital transformation of enterprises will allow them to gain new competitive advantages, enter international markets, and ultimately turn our country into a highly industrialized country with a digital economy.

scholarly journals Introduction: Understanding Digital Sphere in the Networked 21st Century

1969 ◽  
Vol 8 (1) ◽  
pp. 1-3
Author(s):  
Dal Yong Jin
Keyword(s):  
21St Century ◽  
Global Economy ◽  
Social Network Sites ◽  
Digital Technologies ◽  
Developing Nations ◽  
Contemporary Society ◽  
Daily Lives ◽  
Digital Platforms ◽  
The World ◽  
The Media

Since the mid-1990s, our society has substantially advanced digital technologies and their continuous and through integration into people's daily lives. In just a couple of decades, our society has gone from being technically primitive to one of the most advanced in the world (Frey, 2015). Digital technologies have consequently expanded the boundaries of our social circles, and new forms of digital technologies, such as social media and digital platforms, have become parts of our cultural activities. In fact, people do not only use social network sites to keep in touch with friends, but also use them to enjoy certain television drams and popular music. Digital technologies have also changed politics as the users are encouraged to tweet, text, or call in to vote for contestants in everything from reality competition shows to matchmaking endeavours-bridging the gap between our entertainment and our own lives. In the networked 21st century, digital technologies and the media are interwoven, and neither can be separated from contemporary society in most developed and developing nations. By tweeting or uploading people's news and images, the circle of communication is wider than ever (McGivern, 2013). Meanwhile, digital technologies have become some of the most significant tools in the global economy due to their roles as new growth engines for the economy and culture.

scholarly journals Matter, Space, Energy, and Political Economy: The Amazon in the World-System

2003 ◽  
pp. 219-258 ◽  
Author(s):  
Stephen Bunker
Keyword(s):  
Global Economy ◽  
Amazon Basin ◽  
Raw Materials ◽  
Global Analysis ◽  
World System ◽  
Social Scientists ◽  
Political Activities ◽  
Single Region ◽  
The World ◽  
Spatial Configurations

Many authors have attempted co-incorporate the local into the global. World-systems analysis, though, is rooted in processes of production, and all production remains profoundly local. Understanding the expansion and intensification of the social and material relations of capitalism that have created and sustain the dynamic growth of the world-system from the local to the global requires analysis of material processes of natural and social production in space as differentiated by topography, hydrology, climate, and absolute distance betweenplaces. In this article, I consider some of the spatio-material configurations chat have struc-tured local effects on global formations within a single region, the Amazon Basin. I first detail and criticize the tendency in world system and globalization analysis, and in the modern social sciences generally, to use spatial metaphors without examining how space affects the material processes around which social actors organize economy and policy. I next examine thework of some earlier social scientists who analyzed specific materio-spatial configurations as these structured human social, economic, and political activities and organization, searching for possible theoretical or methodological tools for building from local to global analysis. I then review some recent analyses of spatio-material determinants of social and economic organiza-tion in the Amazon Basin. Finally, I show that the 400-year-long sequence of extractive econ-omies in the Amazon reflected the changing demands of expanded industrial production in the core, and how such processes can best be understood by focusing our analysis on spatio-material configurations of local extraction, transport, and production. The Amazon is but one of the specific environments that have supplied raw materials to changing global markets, but close consideration of how its material and spatial attributes shaped the global economy provides insights into the ways other local systems affect the world-system.

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