scholarly journals Steel Industry in Turkey: Progress and Challenges

2021 ◽  
Author(s):  
Bilge Çağatay
Keyword(s):  
Steel Industry ◽  
Global Economy ◽  
Research Question ◽  
Steel Production ◽  
Policy Implications ◽  
Competition Strategy ◽  
Collective Interest ◽  
Holistic Understanding ◽  
The World ◽  
Trade Relationship

While Turkey was the world’s 10th biggest steel producer in 2001, she has become the 7th biggest producer globally and largest steel producer in Europe in 2020. In fact, she was the third fastest growing steel producer in the world between 2001 and 2011, after China and India. Steel production in Turkey has increased significantly since 2001, growing from 15 million tons (mt) in 2001 to 35.8 million tons in 2020. In addition to the strong domestic demand and dynamic steel using industries, Turkey’s well-placed position also supports exports and production. This article suggests employing descriptive methodology focusing on Turkish Steel Industry between 2010-2020. The authors conduct descriptive research using case study method. Both quatitative and quanlitative analysis gives a holistic understanding of the research question. We began with a discussion of how Turkish steel industry has changed and affected by the rise of protectionism in the twenty first century. Then we will focus on the competition strategy in steel industy based on the trade relationship between EU, USA and Asia. A final section summarizes our argument and findings and offers suggestions for policy implications. The paper seeks to understand the role of Turkish steel industy both in Turkish economy and global economy. We anchor our collective interest in competition strategy and trade performance in the last decade. After Covid 19, the world community faces many unknowns. As a result, we aim to fill the gap with the mapping the future appearance of steel industy in Turkey by evaluating the possibilities.

scholarly journals Trade Policy and Loss Aversion

2008 ◽  
Vol 98 (4) ◽  
pp. 1675-1691 ◽  
Author(s):  
Caroline Freund ◽  
Çağlar Özden
Keyword(s):  
Trade Policy ◽  
Loss Aversion ◽  
Steel Industry ◽  
Policy Implications ◽  
Reference Dependence ◽  
Domestic Price ◽  
Economy Model ◽  
World Price ◽  
The Us ◽  
The World

We develop a political economy model where loss aversion and reference dependence are important in shaping people's preferences over trade policy. The policy implications of the augmented model differ in three ways: there is a region of compensating protection, where a decline in the world price leads to an offsetting increase in protection, such that a constant domestic price is maintained; protection following a single negative price shock will be persistent; and irrespective of the extent of lobbying, there will be a deviation from free trade that favors loss-making industries. The augmented model explains protections of the US steel industry since 1980. (JEL F13, F14, L61)

scholarly journals Who's who in the steel consumption in the world: global trends and impact

2017 ◽  
Vol 9 (18) ◽  
Author(s):  
Daniel Bortoni
Keyword(s):  
Global Economy ◽  
Steel Production ◽  
Global Trends ◽  
Key Points ◽  
The World ◽  
Steel Consumption ◽  
Constant Growth ◽  
Sobre Todo

Abstract. Analyze the behavior of steel production, leads to a necessary research about what the producers can do to get out ahead even when the conditions are not favorable. Coping after a big downturn in the global economy has been an immense task in the entire global economy and mainly in the field of steel. It is important for all countries to stay informed about the situation in the global economy to analyze or surpass the difficulties that may come. What determines the big difference between the leading countries and the rest of the countries regarding steel production? It is important to determine the main differences and identify the key points of improvement; this may help improve the strategy for getting better numbers in order to improve and maintain constant growth of a country and ensure a sustainable development.Keywords: global production, scrap, steel, sustainable developmentResumen. Analizar el comportamiento de la producción de acero, conduce a una necesaria investigación sobre lo que los productores pueden hacer para salir adelante incluso cuando las condiciones sean desfavorables. Hacer frente después de un descenso importante en la economía mundial ha sido una tarea inmensa en toda la economía mundial y sobre todo en el campo del acero. Es importante que todos los países se mantengan informados sobre la situación de la economía mundial para analizar, o superar las dificultades que puedan surgir.¿Qué determina la gran diferencia entre los países líderes en contra del resto de los países con respecto a la producción de acero? Es importante determinar las principales diferencias e identificar los puntos claves de mejora, esto puede ayudar a mejorarla estrategia para conseguir mejores números con el fin de mejorar y mantenerel crecimiento de un país, así como asegurar un desarrollo sostenible.Palabras clave: acero, chatarra, desarrollo sustentable, producción mundial

scholarly journals Does consensus work? A case study of the Cloughjordan ecovillage, Ireland

2013 ◽  
Vol 5 (2) ◽  
pp. 1-28
Author(s):  
Paul A. Cunningham ◽  
Stephen L Wearing
Keyword(s):  
Decision Making ◽  
Global Economy ◽  
Research Question ◽  
High Tide ◽  
Self Organization ◽  
Intentional Communities ◽  
Primary Research ◽  
Liberal Democracies ◽  
The World

Ecovillages have grown in number around the world since the early 1990s. This growth appears to be largely due to the contested nature of post/modernity and the desire to establish a more simple, meaningful and sustainable lifestyle that is centered on community. The end of the 1990s represented the high tide of neo-liberalism in most advance liberal democracies. Ten years later, and the global economy still demonstrates signs that modes of capitalism have intensified and spread under the influence of global and state orchestrated markets, giving rise to a search for alternatives that might provide other mechanisms for organizing our lives. Cloughjordan Ecovillage is used to examine how governance through a consensus-based decision-making approach works as an alternative in this circumstance. Generally, intentional communities are organized around egalitarian principles and therefore commonly embrace the ideology of consensus. The primary research question guiding this study was—Does consensus work in the governance of alternative lifestyles? The preliminary findings of this case study suggests that in spite of the impressive nature of the built infrastructure at this site, the community continues to struggle with consensus-based decision-making as a form of self-organization and governance.

scholarly journals Identification of Energy Efficiency Trends in the Context of the Development of Industry 4.0 Using the Polish Steel Sector as an Example

Energies ◽  
2020 ◽  
Vol 13 (11) ◽  
pp. 2867 ◽  
Author(s):  
Radosław Wolniak ◽  
Sebastian Saniuk ◽  
Sandra Grabowska ◽  
Bożena Gajdzik
Keyword(s):  
Energy Efficiency ◽  
Industry 4.0 ◽  
Global Economy ◽  
New Technologies ◽  
Research Question ◽  
Steel Production ◽  
Investment Policies ◽  
Improve Energy Efficiency ◽  
Steel Sector ◽  
Steel Market

The steel sector is crucial for the national economy of Poland and the global economy. In response to the challenges of the global steel market and the need to increase the sector’s competitiveness, a number of actions have been taken to increase the energy efficiency of steel production. Based on the synthesis of the literature and our own research, we describe the issues related to energy efficiency and the Industry 4.0 concept. The main aim of this paper is to identify energy efficiency trends in enterprises, especially those that focus on increasing the energy efficiency of production processes, and to make recommendations for investment policy for the Polish steel sector in the era of Industry 4.0. To achieve our goals and answer the research question, we used data from 2000–2019 for the Polish steel industry. The calculations and models in this paper were made by using Gretl software. Using direct research, an econometric model was built that verified the hypothesis regarding the relationship between investment in new technologies and the energy efficiency of steel production. Future investment policies should take the implementation of Industry 4.0 tools in the steel sector into account, which, according to the authors, will measurably improve energy efficiency.

Globalization and interconfessional communications

2001 ◽  
pp. 13-17
Author(s):  
Serhii Viktorovych Svystunov
Keyword(s):  
21St Century ◽  
Global Economy ◽  
Modern World ◽  
The World ◽  
Target Set ◽  
Almost All ◽  
Over Time ◽  
Rapid Appearance

In the 21st century, the world became a sign of globalization: global conflicts, global disasters, global economy, global Internet, etc. The Polish researcher Casimir Zhigulsky defines globalization as a kind of process, that is, the target set of characteristic changes that develop over time and occur in the modern world. These changes in general are reduced to mutual rapprochement, reduction of distances, the rapid appearance of a large number of different connections, contacts, exchanges, and to increase the dependence of society in almost all spheres of his life from what is happening in other, often very remote regions of the world.

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.

ASPEK ETIK DAN SISTEMIK DALAM EKONOMI DAN BISNIS ISLAM

ALQALAM ◽  
2014 ◽  
Vol 31 (1) ◽  
pp. 187
Author(s):  
Budi Harsanto
Keyword(s):  
Financial Crisis ◽  
Business Ethics ◽  
Moral Hazard ◽  
Global Financial Crisis ◽  
Financial Institution ◽  
Research Question ◽  
Academic Journals ◽  
Lehman Brothers ◽  
The World ◽  
The Global Financial Crisis

The fall of Enron, Lehman Brothers and other major financial institution in the world make researchers conduct various studies about crisis. The research question in this study is, from Islamic economics and business standpoint, why the global financial crisis can happen repeatedly. The purpose is to contribute ideas regarding Islamic viewpoint linked with the global financial crisis. The methodology used is a theoretical-reflective to various article published in academic journals and other intellectual resources with relevant themes. There are lots of analyses on the causes of the crisis. For discussion purposes, the causes divide into two big parts namely ethics and systemic. Ethics contributed to the crisis by greed and moral hazard as a theme that almost always arises in the study of the global financial crisis. Systemic means that the crisis can only be overcome with a major restructuring of the system. Islamic perspective on these two aspect is diametrically different. At ethics side, there is exist direction to obtain blessing in economics and business activities. At systemic side, there is rule of halal and haram and a set of mechanism of economics system such as the concept of ownership that will early prevent the seeds of crisis. Keywords: Islamic economics and business, business ethics, financial crisis 

Policy Review: Dubai Health Authority’s COVID-19 Rapid Response

2020 ◽  
Vol 5 (Special) ◽  
Keyword(s):  
United Arab Emirates ◽  
Well Being ◽  
Healthcare Services ◽  
Rapid Response ◽  
Policy Implications ◽  
World Health ◽  
Healthcare Sector ◽  
Services Delivery ◽  
First Case ◽  
The World

Dubai Health Authority (DHA) is the entity regulating the healthcare sector in the Emirate of Dubai, ensuring high quality and safe healthcare services delivery to the population. The World Health Organization (WHO) declared COVID-19 a pandemic on the 11th of March 2020, indicating to the world that further infection spread is very likely, and alerting countries that they should be ready for possible widespread community transmission. The first case of COVID-19 in the United Arab Emirates was confirmed on 29th of January 2020; since then, the number of cases has continued to grow exponentially. As of 8th of July 2020 (end of the day), 53,045 cases of coronavirus have been confirmed with a death toll of 327 cases. The UAE has conducted over 3,720,000 COVID-19 tests among UAE citizens and residents over the past four months, in line with the government’s plans to strengthen virus screening to contain the spread of COVID-19. There were vital UAE policies, laws, regulations, and decrees that have been announced for immediate implementation to limit the spread of COVID- 19, to prevent panic and to ensure the overall food, nutrition, and well-being are provided. The UAE is amongst the World’s Top 10 for COVID-19 Treatment Efficiency and in the World’s Top 20 for the implementation of COVID-19 Safety measures. The UAE’s mission is to work towards resuming life after COVID-19 and enter into the recovery phases. This policy research paper will discuss the Dubai Health Authority’s rapid response initiatives towards combating the control and spread of COVID-19 and future policy implications and recommendations. The underlying factors and policy options will be discussed in terms of governance, finance, and delivery.

The place of the plant world in the worldview system of transoxiana sufism in 16th century

2020 ◽  
Vol 6 (Extra-A) ◽  
pp. 157-161
Author(s):  
Lutfullo Eshonovich Ismoilov ◽  
Ramil Tagirovich Yuzmukhametov ◽  
Markhabo Tukhtasunovna Rajabova
Keyword(s):  
Comparative Method ◽  
Literary Analysis ◽  
Semantic Interpretation ◽  
16Th Century ◽  
Main Method ◽  
Holistic Understanding ◽  
The World ◽  
Lives Of The Saints

The article considers the topic of the Plant World in the Sufi writings of the 16th century Transoxiana, based on the material of manakibs, i. e. the so-called Lives of the Saints. The significance and relevance of the topic is due to the need to study the issues of semantic interpretation of the concept of plant and plant world in Sufi writings. Hence, the purpose of this article is to disclose the diverse meanings of the concept of the “World of Plants” contained in the 16th-century Transoxiana manakibs of such authors as Abdurakhman Jami, Abu-l Baka b. Khodzha Bakha-ud-din, Khusein Serakhsi. The main method in the study of this issue is the historical and comparative method, and the method of literary analysis, which allows you to create a holistic understanding of the symbolism of the Plant World in Sufi writings of Transoxiana of the 16th century.      

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