scholarly journals THE PANDEMIC CRISIS HAS HELPED TO STRENGTHEN THE NEW TECHNOLOGICAL ORDER

2020 ◽  
Vol 225 (5) ◽  
pp. 26-35
Author(s):  
GLAZIEV SERGEY YU. ◽  
Keyword(s):  
Economic Development ◽  
Foreign Trade ◽  
World Economy ◽  
The Other ◽  
Window Of Opportunity ◽  
Current Crisis ◽  
Investment Activity ◽  
Economic Problems ◽  
Trade Relations ◽  
The World

The article contains a brief analysis of the fall of the world economy against the background of the new coronavirus pandemic, which negatively affects the foreign trade relations of Russia and the EAEU States. On the other hand, this situation determines the reorientation of trade, economic and investment activity to the domestic market. Together with the opportunities offered by new technological and global economic structures, the current crisis can become a window of opportunity for countries and regions that are aiming for a breakthrough in economic development. To do this, long-standing economic problems must be resolved both at the national and supranational levels.

scholarly journals The Impact of Foreign Trade Policy on China's Economic Development

2021 ◽  
Vol 5 (1) ◽  
pp. 25-35
Author(s):  
Shi Ike ◽  
Natalia Epova
Keyword(s):  
Economic Development ◽  
Foreign Trade ◽  
Trade Policy ◽  
World Economy ◽  
Regulatory Control ◽  
Foreign Trade Policy ◽  
Economic Relations ◽  
Trade Relations ◽  
The World ◽  
The Impact

The importance of foreign trade and its impact on the level of economic development of both individual states and the world economy as a whole is steadily increasing. The successful or unsuccessful development of foreign trade relations is largely determined by the state's policy in this area, the use of various tools and methods. China, having begun to reform the economic system, pursued the goal of increasing the competitiveness of the national economy. For this purpose, foreign trade relations with other countries were actively developed in accordance with the interests of China and the priorities of economic development. Over a long period in China was dominated by autarkic tendencies in the sphere of foreign relations, which contradict the idea of integration for joint solutions to existing problems and the liberalization of foreign trade. Since the late 70s, China has realized the need to connect the country to the processes taking place in the world economy and carry out reforms, an important part of which was the implementation of a strategy for the development of foreign economic relations. The new policy assumed the extraction of maximum benefits from cooperation with foreign partners, the modernization of the economy using best practices in the economic, scientific and technical spheres, the diversification of production, the introduction of effective management models. China's foreign trade policy is implemented through a variety of regulatory, control and incentive methods. This makes it possible to take into account the characteristics of specific territories and use the most appropriate tools to achieve the best result. Relevance and insufficient knowledge of the impact of trade on economic development of China in the development of global value chains and the trend towards a multipolar world system, the development of the prospects of transformation of China's foreign trade, led to the selection of topics for articles.

scholarly journals Foreign trade of Russia: trends at the stage of the general crisis (2020)

2021 ◽  
pp. 11-19
Author(s):  
I.S. Gladkov ◽  
Keyword(s):  
Foreign Trade ◽  
World Economy ◽  
Trade Relations ◽  
Energy Group ◽  
Russian Scientific ◽  
The World ◽  
Trade Turnover ◽  
World Economic ◽  
Foreign Trade Turnover ◽  
First Time

The author examines new trends in the dynamics of foreign trade relations of Russia during the pandemic of 2020, which played a kind of «black swan» in relation to the world economic evolution: the processes of turbulence, which increased in the previous period of development of the world economy and modern international trade, continued in the mechanisms of deployment of a global crisis in 2020 in the context of the introduction of a full lockdown in many countries; this was reflected in the downward trend in prices for fuel and energy group goods, which are very important for domestic exports. The article shows the shifts in Russia’s foreign trade turnover provoked by the crisis. The study used the methodology of comparative and statistical analysis based on the latest statistical materials, as well as a number of official calculations, introduced into the Russian scientific turnover for the first time.

scholarly journals Evaluation of the Current Foreign Trade Relations between Slovakia and Ukraine Affected by the Global Changes in the World Economy

2016 ◽  
Vol 9 (34) ◽  
pp. 143-153
Author(s):  
Elena Kašťáková ◽  
Dáša Bebiaková
Keyword(s):  
Foreign Trade ◽  
Global Economy ◽  
World Economy ◽  
Swot Analysis ◽  
Slovak Republic ◽  
Conflict Situation ◽  
Global Changes ◽  
Trade Relations ◽  
The World ◽  
The Given

Abstract The article focuses on the issues of the perspectives of foreign trade relations between Slovakia and Ukraine affected by the current changes of EU trade policy towards Ukraine and other global changes underway in the global economy, which are very demanding in terms of the ongoing conflict situation in eastern Ukraine. The authors examine the development of foreign trade relations between the Slovak Republic and Ukraine, and based on the globalization processes taking place in Ukraine and analysing the foreign trade, the SWOT analysis of prospects for foreign trade relations of Slovakia and Ukraine influenced by the given facts will be performed.

scholarly journals ENVIRONMENTAL AND ECONOMIC PROBLEMS OF USING NATURAL RESOURCES OF THE WORLD ECONOMY

2020 ◽  
pp. 45-49
Author(s):  
А. В. Чекрыжов ◽  
В. А. Сазонов
Keyword(s):  
Natural Resources ◽  
Environmental Pollution ◽  
World Economy ◽  
Resource Consumption ◽  
Current Crisis ◽  
Economic Problems ◽  
The World

В статье авторами рассматриваются основные экологические и экономические проблемы, имеющиеся в сфере использования природных ресурсов мирового хозяйства, такие как: исчерпание ресурсов, отсутствие возможности их пополнения; рост объемов потребления ресурсов населением; загрязнение окружающей среды. В связи с этим, важным становится оптимизация взаимодействия общества и природы на основе повышения эффективности использования природных ресурсов. Проанализированы авторами причины и факторы, сформировавшие на сегодняшний день кризисное положение в экологии. In the article, the authors consider the main environmental and economic problems that exist in the use of natural resources of the world economy, such as the exhaustion of resources, the lack of opportunities to replenish them; the growth of resource consumption by the population; environmental pollution. In this regard, it is important to optimize the interaction of society and nature by increasing the efficiency of natural resources use.The authors have analyzed the reasons and factors that have formed the current crisis in ecology.

Impact of the geopolitical changes on the EU foreign trade relations with selected territories: Implications for the Slovak economy

2019 ◽  
Author(s):  
Elena Kašťáková ◽  
◽  
Kristina Drieniková ◽  
Ľubica Zubaľová ◽  
◽  
...  
Keyword(s):  
Foreign Trade ◽  
World Economy ◽  
Great Influence ◽  
Western Balkans ◽  
Trade Relations ◽  
Government Institutions ◽  
European Institutions ◽  
The World ◽  
The Impact ◽  
The Eu

The current geopolitical changes taking place in the world economy exert great influence on the EU (and Slovakia’s) foreign trade relations. This monograph examines the impact of geopolitical changes on the EU foreign trade relations with the countries of the Western Balkans, Ukraine, Russia and Kazakhstan, assesses the impact of the mutual EU and Russia sanctions on the EU foreign trade with the countries selected, and points out the potential for development of Slovakia’s foreign trade relations with these countries. The uniqueness of this monograph lies in the primacy and complexity of the EU foreign trade relations with the countries under consideration and the impact of the mutual EU and Russia sanctions on the EU and Slovakia’s foreign trade with Russia. The outcomes of the conducted research can be of great use to business and government institutions, as well as to European institutions and organizations, teachers, scientists or R&D agencies and others.

Changes in trade of the czech republic with developing countries during the transformation period

1997 ◽  
Vol 6 (1) ◽  
Author(s):  
Alois Holub
Keyword(s):  
Developing Countries ◽  
Czech Republic ◽  
Foreign Trade ◽  
World Economy ◽  
Downward Trend ◽  
The Czech Republic ◽  
Trade Relations ◽  
The World ◽  
Transformation Period

Despite some inaccuracies originating chiefly in statistical discrepancies, the analysis has shown that the role of developing countries in foreign trade of the Czech Republic reveals a clearly downward trend. This is observable even in comparison with the prevailing trends characterizing trade relations between developing countries and transformation economies as a group. In view of the fact that developing countries including China and Vietnam have been the most dynamic segment of the world economy during the first half of the 1990s, this downward trend gives no reasons to satisfaction. Moreover, their trade has been growing at markedly rapid rates than GDP. In these circumstances, the falling share of developing countries in Czech exports and imports indicates that Czech trade tends to lose opportunities to grow.

New challenges to the economic security of Russia and the world and counteraction methods

2020 ◽  
Vol 16 (7) ◽  
pp. 1246-1263
Author(s):  
S.B. Zainullin ◽  
O.A. Zainullina
Keyword(s):  
Economic Development ◽  
Economic Crisis ◽  
Economic Security ◽  
Economic Policies ◽  
Economic Decline ◽  
Current Crisis ◽  
Initial Stage ◽  
The World ◽  
Analysis And Synthesis ◽  
Global Threat

Subject. The 2020 economic crisis has become a global threat to the economic security of States, corporations and households. The elimination of this threat to economic security is a key priority of the State. Objectives. The article is dedicated to factors of the current crisis, both individually and in aggregate, as well as forecasts of the economic development during the crisis. Methods. The study is based on the scientific knowledge as dialectic, a combination of historical and logical unity, structural analysis, traditional methods of economic analysis and synthesis. Results. We carried out the comparative analysis of crisis theories, forecasted the economic development of the IMF, the World Bank, the Audit Chamber, and considered analytical agencies in dynamics, taking into account adjustments when the crisis manifests itself. Counteraction methods are reviewed from theoretical and practical perspectives. The article also analyzed the international expertise in crisis management. Conclusions and Relevance. The economic crisis was found to be at its initial stage, with negative scenarios being more probable. Proposed and implemented, local measures can mitigate the economic decline, prevent massive bankruptcies and a social explosion. Meanwhile, measures to restructure the economic policy may contribute to overcoming the crisis. The findings can be used by federal government bodies to adjust economic policies, develop programs and strategies for the socio-economic development of regions, and economic security strategies for corporations.

COMPREHENSIVE AND PROGRESSIVE AGREEMENT FOR TRANS – PACIFIC PARTNERSHIP (TPP – 11): PAST, PRESENT AND FUTURE?

2019 ◽  
pp. 5-18
Author(s):  
Vladimir Yu. Salamatov ◽  
Nataliia M. Galkina
Keyword(s):  
World Economy ◽  
Bilateral Trade ◽  
Trade Agreements ◽  
Regional Trade Agreements ◽  
Regional Trade ◽  
Trade Relations ◽  
Global Trend ◽  
The World ◽  
The Common ◽  
Partnership Agreement

The article considers the global trend towards regional trade agreements (RTA). The authors note that in addition to the common bilateral RTAs, countries conclude multilateral regional trade agreements. In particular, the article examines changes in the world economy, which occur under the influence of the mega-regional trade agreements (MRTA) formation. An example of the MRTA is the Trans-Pacific Partnership Agreement (TPP) and its possible impact onRussiais discussed in the present article. The authors discuss the stages of TPP development, its goals, provisions, innovations and prospects. The article analyses an example of a country’s withdrawal from an agreement, its’ consequences and possible impact on the country itself and other signatory countries to the agreement. The article points out the differences between TPP and TPP-11. Inparticular, the article discusses the possible impact of the TPP-11 onRussia. Trade relations betweenRussiaand TPP-11 signatory countries are considered, and key markets among TPP-11 countries are identified. The article highlights the importance ofRussia's rapid response to the possible consequences of the TPP-11, including the possible conclusion of bilateral trade agreements between the EAEU, whereRussiais a member, and potential partners from TPP-11 countries.

POVERTY TRAPS AND INFERIOR GOODS IN A DYNAMIC HECKSCHER–OHLIN MODEL

2012 ◽  
Vol 17 (6) ◽  
pp. 1227-1251 ◽  
Author(s):  
Eric W. Bond ◽  
Kazumichi Iwasa ◽  
Kazuo Nishimura
Keyword(s):  
Economic Theory ◽  
Steady State ◽  
World Economy ◽  
Steady States ◽  
The Other ◽  
Poverty Traps ◽  
Poverty Trap ◽  
Multiple Steady States ◽  
The World ◽  
State Capital

We extend the dynamic Heckscher–Ohlin model in Bond et al. [Economic Theory(48, 171–204, 2011)] and show that if the labor-intensive good is inferior, then there may exist multiple steady states in autarky and poverty traps can arise. Poverty traps for the world economy, in the form of Pareto-dominated steady states, are also shown to exist. We show that the opening of trade can have the effect of pulling the initially poorer country out of a poverty trap, with both countries having steady state capital stocks exceeding the autarky level. However, trade can also pull an initially richer country into a poverty trap. These possibilities are a sharp contrast with dynamic Heckscher–Ohlin models with normality in consumption, where the country with the larger (smaller) capital stock than the other will reach a steady state where the level of welfare is higher (lower) than in the autarkic steady state.

Rebuilding the World Economy: America's Role in Foreign Trade and Investment.

1949 ◽  
Vol 64 (1) ◽  
pp. 118
Author(s):  
Antonin Basch ◽  
Norman S. Buchanan ◽  
Friedrich A. Lutz
Keyword(s):  
Foreign Trade ◽  
World Economy ◽  
The World ◽  
Trade And Investment
Sign in / Sign up

Export Citation Format

Share Document