Global Economy Urbanization and Urban Economies Globalization

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.

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.


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.


2020 ◽  
Author(s):  
Muhamad Helmy Sabtu ◽  
◽  
Khairul Azman Mohamad Suhaimy ◽  
Nurul Aimi Razali

This article analyses the role of state in the policy of economic liberalisation in Vietnam. Doi Moi, which was launched in 1986, is a very influential and effective policy in changing the socio-economic landscape of the people in the country. The results of this study prove that there are positive effects on the increase of foreign investment inflows, the eradication of starvation and unruly poverty, the increase of level of education, the improvement of gender equality and women's rights as well as the sustainability of the environment after Doi Moi is implemented. Through Doi Moi, Vietnam is moving towards a developing country status with good economic performance both at the Southeast Asian and global.


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.


2004 ◽  
Vol 31 (2) ◽  
pp. 125-148 ◽  
Author(s):  
Balbir S. Sihag

Kautilya, a 4th century B.C.E. economist, recognized the importance of accounting methods in economic enterprises. He realized that a proper measurement of economic performance was absolutely essential for efficient allocation of resources, which was considered an important source of economic development. He viewed philosophy and political science as separate disciplines but considered accounting an integral part of economics. He specified a very broad scope for accounting and considered explanation and prediction as its proper objectives. Kautilya developed bookkeeping rules to record and classify economic data, emphasized the critical role of independent periodic audits and proposed the establishment of two important but separate offices - the Treasurer and Comptroller-Auditor, to increase accountability, specialization, and above all to reduce the scope for conflicts of interest. He also linked the successful enforcement of rules and regulations to their clarity, consistency and completeness. Kautilya believed that such measures were necessary but not sufficient to eliminate fraudulent accounting. He also emphasized the role of ethics, considering ethical values as the glue which binds society and promotes economic development.


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.


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