Global Economy Urbanization and Urban Economy Globalization

2019 ◽  
pp. 1632-1655
Author(s):  
Denis Ushakov ◽  
Shieh Chich-Jen

World economy globalization fundamentally changes the role of urban business systems. Now, they are the main actors of global production and trade. A dominant share of international business activity is now concentrated within a frame of global urban net. This trend transforms mechanisms and patterns of market economy institutes' functioning and stimulates the appearance of new economical, social, and political problems. This chapter includes statistical and comparative analysis of modern cities, their economical performance, and position in global economic affairs, and also an original methodology for urban business structure evaluation. It allows setting some theoretical findings about internal and external sources of urban business system competitiveness and effectiveness in a globalizing economy and the formation of an original approach to modern cities' global hierarchy evaluation.

Author(s):  
Denis Ushakov ◽  
Shieh Chich-Jen

World economy globalization fundamentally changes the role of urban business systems. Now, they are the main actors of global production and trade. A dominant share of international business activity is now concentrated within a frame of global urban net. This trend transforms mechanisms and patterns of market economy institutes' functioning and stimulates the appearance of new economical, social, and political problems. This chapter includes statistical and comparative analysis of modern cities, their economical performance, and position in global economic affairs, and also an original methodology for urban business structure evaluation. It allows setting some theoretical findings about internal and external sources of urban business system competitiveness and effectiveness in a globalizing economy and the formation of an original approach to modern cities' global hierarchy evaluation.


2018 ◽  
pp. 1096-1119
Author(s):  
Denis Ushakov ◽  
Shieh Chich-Jen

World economy globalization fundamentally changes the role of urban business systems. Now, they are the main actors of global production and trade. A dominant share of international business activity is now concentrated within a frame of global urban net. This trend transforms mechanisms and patterns of market economy institutes' functioning and stimulates the appearance of new economical, social, and political problems. This chapter includes statistical and comparative analysis of modern cities, their economical performance, and position in global economic affairs, and also an original methodology for urban business structure evaluation. It allows setting some theoretical findings about internal and external sources of urban business system competitiveness and effectiveness in a globalizing economy and the formation of an original approach to modern cities' global hierarchy evaluation.


Author(s):  
Denis Ushakov ◽  
Shieh Chich-Jen

World economy globalization fundamentally changes the role of urban business systems. Now they are the main actors of global production and trade. The dominant share of international business activity is now concentrating within a framework of a global urban net. This trend transforms mechanisms and patterns of market economy of institutes; and stimulates an appearance of new economic, social, and political problems. This chapter includes statistical and comparative analyze of modern cities, their economic performance and position in global economic affairs and also the original authors' methodology for urban business structure evaluation. It allows the setting some theoretical findings about internal and external sources of urban business systems competitiveness and effectiveness in a globalizing economy and the formation of original approach to modern cities global hierarchy evaluation.


2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin

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.


Author(s):  
Serhii Voitko ◽  
◽  
Yuliia Borodinova ◽  

The article examines the interaction of the national economy of Ukraine with international credit and financial organizations, evaluates the positive and negative consequences and identifies possible areas for further cooperation. The role of international credit and financial organizations in the development of the global economy is analyzed. Today, international financial institutions have taken a leading place among institutions that provide financial support and contribute to the implementation of necessary reforms aimed at developing enterprises in various sectors of the economy and strengthening the country's financial sector as a whole. The importance of cooperation between Ukraine and international financial institutions for the development of the country's economy has been determined. The problems and directions of development of cooperation with leading credit and financial organizations in modern conditions are identified. Despite the presence of certain shortcomings, cooperation between Ukraine and international credit and financial organizations will continue in the future.


2016 ◽  
Vol 1 (1) ◽  
Author(s):  
Dr. Kamlesh Kumar Shukla

FIIs are companies registered outside India. In the past four years there has been more than $41 trillion worth of FII funds invested in India. This has been one of the major reasons on the bull market witnessing unprecedented growth with the BSE Sensex rising 221% in absolute terms in this span. The present downfall of the market too is influenced as these FIIs are taking out some of their invested money. Though there is a lot of value in this market and fundamentally there is a lot of upside in it. For long-term value investors, there’s little because for worry but short term traders are adversely getting affected by the role of FIIs are playing at the present. Investors should not panic and should remain invested in sectors where underlying earnings growth has little to do with financial markets or global economy.


Author(s):  
Irene Spagna

This chapter analyzes the growth of OTC derivatives before the global financial crisis of 2008 and the role of credit default swaps, in particular, in the near collapse of the global economy. It begins by exploring the basic characteristics of derivatives used as risk management instruments by investors to hedge against or exploit the volatility of asset prices. The analysis further reveals that the pre-crisis period was characterized by a broad-based consensus favoring deregulated markets and globally designed private rules. While not always unanimously supported, permissive public regulatory choices were often encouraged by interest group lobbying, the market-friendly views of many domestic authorities, and concerns about regulatory uncertainty and international competitiveness.


Author(s):  
Paul Stevens

This chapter is concerned with the role of oil and gas in the economic development of the global economy. It focuses on the context in which established and newer oil and gas producers in developing countries must frame their policies to optimize the benefits of such resources. It outlines a history of the issue over the last twenty-five years. It considers oil and gas as factor inputs, their role in global trade, the role of oil prices in the macroeconomy and the impact of the geopolitics of oil and gas. It then considers various conventional views of the future of oil and gas in the primary energy mix. Finally, it challenges the drivers behind these conventional views of the future with an emphasis on why they may prove to be different from what is expected and how this may change the context in which producers must frame their policy responses.


Emerging Markets are the primary source of growth for business in the 21st century. This makes an understanding of managing businesses in emerging markets a fundamental building block for competing in today's global economy. This book's approach is to identify key elements of the business systems and competition in emerging markets around the world, and then to look at competitive strategies of local and multinational companies going into and coming out of these countries. Specific focus is offered on a selection of countries/regions. These emphases should serve both researchers and managers interested in knowing more about managing firms in emerging markets in general and in specific countries in particular. The essays highlight the tension between local and global knowledge, that is, views of business that apply everywhere around the world versus views that are particular to emerging markets. The essays also explore the role of local and international firms operating in emerging markets within global value chains or production networks.


2013 ◽  
Vol 67 (4) ◽  
pp. 863-888 ◽  
Author(s):  
Stephen G. Brooks

AbstractPolitical scientists and economists have long been interested in the role of special interests in the policymaking process. In the past few years, a series of important new books have argued forcefully that the lobbying activities of economic actors have an important influence on the prospects for war and peace. All of these analyses claim that whether economic actors enhance or decrease the likelihood of conflict ultimately depends on the domestic political balance between economic actors who have a strong vested interest in pushing for peace versus those that do not. I advance two contrary arguments. At least among the advanced states, I posit there are no longer any economic actors who will be favorable toward war and who will lobby the government with this preference. All of the identified mechanisms that previously contributed to such lobbying in these states have been swept away with the end of colonialism and the rise of economic globalization. In particular, I show that the current structure of the global economy now makes it feasible for foreign direct investment to serve as an effective substitute for conquest in a way that was not possible in previous eras. My second argument concerns those economic actors in advanced states with a preference for peace. I posit that it has become unnecessary for them to directly lobby the government to avoid war on economic grounds because economic globalization—the accumulation of decisions by economic actors throughout the globe—now has sufficiently clear economic incentives for leaders.


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