The Business Environment as a Global Village

2019 ◽  
pp. 118-131
Author(s):  
Sahidi Maman Bilan
Keyword(s):  
Cultural Differences ◽  
Global Economy ◽  
Business Environment ◽  
Global Village ◽  
Global Institutions ◽  
System A ◽  
Micro Level ◽  
National Economies ◽  
Transportation Technologies ◽  
Levels Of Integration

Globalisation is thought of as the fast-growing move towards a world in which national economies are merging into an interdependent global economic system. A more business view of globalisation conceives it as a process by which industries transform themselves from multi-national to global competitive structures. ICT, transportation technologies and global institutions have played a determinant role in the phenomenon of globalisation. Various levels of integration have been established. Globalisation of companies has been identified as the micro level, whereas the interconnectedness of economies is termed as the macro level of globalisation. The merging of businesses is referred to as the meso level. Thus, all these levels must be differentiated when dealing with its issues and should be understood as different interrelated stages. If at the heart of globalisation is the interdependence and integration of the national economies into global economy, does it also mean that cultural differences for instance have been subsumed or sublated?

Successfully Managing the Risk and Development of Your Business and Technology in the Global Economy

2000 ◽  
Author(s):  
Hiroshi Honda
Keyword(s):  
Global Economy ◽  
Industrial Development ◽  
Global Scale ◽  
Global Constraints ◽  
Time Lags ◽  
Human Beings ◽  
Global Perspectives ◽  
National Economies ◽  
Technological Opportunities ◽  
Transportation Technologies

Abstract National and regional economies have become increasingly bound to a global economy with the availability of advanced communication, information and transportation technologies among others, while the advancement of science and technology in general has served as a driving engine for economic and industrial development of local and national economies, and subsequently for those of regional and global economies with substantial time lags in the past millennium. The globalization has given a significant impact on each society by accelerating instant and/or speedy flows of information, money, commodity, energy and human beings, and thus has provided increasingly equal opportunities to societies around the globe for the development of business and technology. Nevertheless, characteristics and specific boundary conditions of local areas, nations and regions still characterize the business and technological opportunities for specific communities. The global constraints such as limitation in natural resources and energy, and the global environmental issues have driven human beings to challenge a huge task for the new and renewable energy development, environmental protection, and development and utilization of space and other frontiers such as deep underground and deep seas, on a global scale of competition and cooperation. Under these circumstances, we will need to manage the risk and development of our business and technology increasingly from global perspectives, with due consideration on the global constraints and specific characteristics of the focused local societies. This paper is intended to set scene and raise issues for discussion at the subject symposium of ours.

Hemispheric Integration: An Essential Step For Coping With The Economic And Managerial Challenges Of The 21st Century In The Americas

2011 ◽  
Vol 19 (3) ◽  
Author(s):  
Hugo M. Hervitz ◽  
R. Ivan Blanco
Keyword(s):  
Global Economy ◽  
Economies Of Scale ◽  
Business Environment ◽  
Western Hemisphere ◽  
Global Business ◽  
Current Trends ◽  
Government Education ◽  
Micro Level ◽  
Economic Bloc ◽  
Education Business

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt;"><span style="font-family: &quot;Times New Roman&quot;,&quot;serif&quot;; mso-bidi-font-style: italic;"><span style="font-size: x-small;">This paper examines the series of adjustments that need to take place --at the macro and micro level-- in order for the Western Hemisphere to adapt to today&rsquo;s dynamics of the global business environment.<span style="mso-spacerun: yes;">&nbsp; </span>This discussion is based on the contention that given current trends in the global economy, it is imperative for the countries of the Western Hemisphere to integrate themselves in an economic bloc to exploit economies of scale and be better able to compete with other regions.<span style="mso-spacerun: yes;">&nbsp; </span>Furthermore, the paper analyzes the implications that such an economic bloc will have on managers, organizations and their labor force, business alliances, and government/education/ business cooperation efforts.</span></span></p>

scholarly journals THE EVOLUTION OF EUROPEAN BUSINESS ENVIRONMENT IN THE LAST FOUR YEARS

2015 ◽  
Author(s):  
Cornelia Marcela Danu
Keyword(s):  
Economic Growth ◽  
Global Economy ◽  
Business Environment ◽  
Country Risk ◽  
Current Account Balance ◽  
Business Climate ◽  
European Business ◽  
National Economies ◽  
The Impact

In the present work I described the evolution of the main coordinates of the business environment in the countries of Europe. I examined the dynamics of economic growth, inflation, budget balance, current account balance, public debt for 41 European countries, taking into account their delimitation of regional groups. Analysis of the business environment in the countries of Europe using the indicators "assessment of the business climate" and "country risk" is aimed at identifying signals which are transmitted by the national economies, to the system of European economy, to the system of global economy but, in particular, the application optimal policies for improving the quality of the societal environment on the continent. I analyzed the impact of economic growth and inflation on business development, establishing relations between the rate of economic growth - the dynamics of the number of enterprises, the rate of inflation - the dynamics of the number of enterprises from 19 countries in Europe.

Global regulation of economy: modern potential and the possibility of transformation

2015 ◽  
Vol 2015 (6) ◽  
pp. 3-16
Author(s):  
Elena Mazurova
Keyword(s):  
Global Economy ◽  
International Governance ◽  
Structural Reforms ◽  
International Regulation ◽  
Global Institutions ◽  
Theoretical Approaches ◽  
Modern System ◽  
Regulation Mechanisms ◽  
National Economies ◽  
Development Prospects

This article discusses the modern system of international regulation of global economic processes. It examines theoretical approaches to the international governance of the global economy and assesses the international regulation mechanisms of such global institutions as the IMF, WTO, G-8 and G-20 in conjunction with structural reforms of national economies in the post-crisis period. The article also analyses development prospects of the mixed (national and non-national) mechanisms of regulation.

scholarly journals Penetration of small and medium sized food companies on foreign markets

2010 ◽  
Vol 58 (3) ◽  
pp. 157-164 ◽  
Author(s):  
Ladislav Mura ◽  
Veronika Gašparíková
Keyword(s):  
Global Economy ◽  
Small And Medium Enterprises ◽  
Business Environment ◽  
Foreign Markets ◽  
Current Trends ◽  
Trading Activities ◽  
Medium Enterprises ◽  
Almost All ◽  
National Economies ◽  
Food Complex

In the world the interconnection of national economies and internationalization of economic processes occur. In turbulent changing business environment only those companies that understand the current trends in global economy may survive, develop and prosper. Therefore, the issue of internationalization for most companies becomes to be more important and the process of in­ter­na­tio­na­li­za­tion is the way how to stand this increasingly competitive environment. In presented contribution, the attention is paid to issues of internationalization of Slovak food industry enterprises such as their way of business internationalization, percentage share of foreign - trading activities on overall business activity, company evaluation of business internationalization or barriers of foreign markets pe­ne­tra­tion that researched companies have to deal with. Small and medium-sized enterprises (SMEs) are the engine of the Slovak economy, generator of development, innovation, growth and they employ more than 60% of employees. Almost all businesses operating in agri-food complex have character of small and medium enterprises. The results of carried research have shown that small and medium-sized companies are considered to be successful in operation on foreign markets in surrounding European countries.

Our Debts Heavy... (on the Monograph “Debt as a Phenomenon of the XXI Century”)

2015 ◽  
pp. 152-159 ◽  
Author(s):  
T. Leonova
Keyword(s):  
European Union ◽  
Economic Development ◽  
Global Economy ◽  
Debt Financing ◽  
The European Union ◽  
National Economies

Lending capital, credit and debt financing have been around and used to fuel economic development since the time immemorial. There are innumerable studies by international and Russian scholars that look into the evolution of these notions and lending instruments employed. The collective monograph edited by A. Porokhovsky and published by the MSU in 2014 intends to provide an all-around political and economic as well as applied review of the current debt issues faced by the global economy, national economies of Russia, U.S.A. and countries of the European Union. It uses a variety of academic and methodological postulates that range from the reproduction approach to modern macroeconomic doctrines.

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.

The Shadow Society and Its Fictitious Capital

2018 ◽  
Author(s):  
Louçã Francisco ◽  
Ash Michael
Keyword(s):  
Social Movements ◽  
Economic Crisis ◽  
Global Economy ◽  
Democratic Governance ◽  
Professional Expertise ◽  
Conservative Movement ◽  
Electoral Success ◽  
Fictitious Capital ◽  
Equitable Outcomes ◽  
National Economies

The concluding chapter surveys the prospects for more democratic governance of national economies and more equitable outcomes in the global economy. The backdrop for the chapter is the marriage of shadow finance with the conservative governments that have achieved electoral success on the basis of popular dissatisfaction with the response of neoliberal governments to the global economic crisis. The conservative movement and its governments are incoherent and unwilling to address, even in terms of modest reform, the power of finance and its responsibility for inequality and crisis. Effective reform could emerge from the union of professional expertise, whose commitment to technocratic aspects of the neoliberal project may have weakened, with democratic social movements.

scholarly journals Global Economy Crisis and its Impact on Operational Container Carrier’s Strategy

2018 ◽  
Vol 30 (2) ◽  
pp. 187-194
Author(s):  
Vladimir Jerebić ◽  
Stanislav Pavlin
Keyword(s):  
Problem Solving ◽  
Global Economy ◽  
Management Strategies ◽  
Business Environment ◽  
Market Potential ◽  
Container Shipping ◽  
Freight Rates ◽  
New Business ◽  
Cyclic Changes ◽  
Economic And Financial Crisis

The shipping market is an economic derivative of global production and trade, being precariously subject of their cyclic changes, depressions and expansions. This paper analyses the condition of global container shipping market, caused by long-lasting economic and financial crisis that begun in 2008, but is still much visible within the container industry, particularly through overcapacity and low freight rates. It also deals with major changes of maritime container carrier’s management strategies, development and application of advanced transportation, technological, technical, economical, organizational and commercial measures in order to adapt and cope with new business environment. Finally, an attempt is made to forecast the market, potential difficulties and to propose problem-solving measures.

Informal Economies of the Sahel

2021 ◽  
pp. 310-328
Author(s):  
Fatou Guèye ◽  
Ahmadou Aly Mbaye
Keyword(s):  
Informal Sector ◽  
Social Inclusion ◽  
Growth Dynamics ◽  
Business Environment ◽  
Security Challenges ◽  
Informal Economies ◽  
Sub Saharan ◽  
National Economies ◽  
Formal And Informal Sectors ◽  
Formal Business

Sahelian countries, while sharing many features of other Sub-Saharan African economies, face some unique economic challenges, which merit particular scrutiny, notably: a sizable demographic bulge, being landlocked, a lower income per head, and a higher poverty incidence. The picture is further darkened by critical governance weaknesses, political instability, and radical Islamist threats, which, as discussed in other chapters in this volume, have caused serious security challenges within, and across, national borders. All these factors have contributed to a downsizing of the formal business environment and an expansion of the informal sector. This chapter assesses the relative weights of the formal and informal sectors in Sahelian national economies, its growth dynamics, as well as employment and productivity patterns. It also examines the implications of the rise of the informal sector for institutions and governance, social inclusion, and stability.

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