PREPARING THE RUSSIAN ECONOMY FOR WORLD MARKET INTEGRATION

2002 ◽  
pp. 104-145
Keyword(s):  
Market Integration ◽  
World Market ◽  
Russian Economy

scholarly journals New Industrial Conditions of Sustainable Development of Mineral Resource Dependent Russian Economy in High Volatility Conditions

2019 ◽  
Vol 105 ◽  
pp. 04049
Author(s):  
Tatiana Skryl ◽  
Evgeniya Shavina ◽  
Elena Dotsenko
Keyword(s):  
Sustainable Development ◽  
Raw Materials ◽  
Mineral Resources ◽  
World Market ◽  
Industrial Transformation ◽  
Russian Economy ◽  
The World ◽  
High Volatility ◽  
New Industrialization ◽  
Positive Results

The conditions for the transition to sustainable development and new industrial transformation for resource-dependent countries are closely linked. With the increasing volatility of the world market of raw materials and finance, the innovative modernization of the extractive industries, as the basis of the new industrialization of the economy, is experiencing significant difficulties. The article analyzes the problems of transition of the resource-dependent Russian economy to sustainable development, associated with the slowdown of the process of new industrialization in the context of the world market volatility. The authors assessed the new industrialization of the Russian economy following the 5-year period of sanctions imposed by Western countries. The article provides a theoretical review of the concept of the influence of sanctions on transition to sustainable development. The authors concluded that the mineral resources export-oriented strategy of the Russian economy still gives positive results, although the internal structure of the Russian economy has not changed significantly.

World market integration of Vietnamese rice markets during the 2008 food price crisis

Food Security ◽  
2014 ◽  
Vol 7 (1) ◽  
pp. 143-157 ◽  
Author(s):  
Jonas Luckmann ◽  
Rico Ihle ◽  
Ulrich Kleinwechter ◽  
Harald Grethe
Keyword(s):  
Market Integration ◽  
World Market ◽  
Food Price

scholarly journals World market integration through the lens of foreign direct investors

2005 ◽  
Vol 66 (2) ◽  
pp. 267-295 ◽  
Author(s):  
Rui Albuquerque ◽  
Norman Loayza ◽  
Luis Servén
Keyword(s):  
Market Integration ◽  
World Market

Characterizing World Market Integration through Time

2007 ◽  
Vol 42 (4) ◽  
pp. 915-940 ◽  
Author(s):  
Francesca Carrieri ◽  
Vihang Errunza ◽  
Ked Hogan
Keyword(s):  
Emerging Markets ◽  
Time Variation ◽  
Market Integration ◽  
Emerging Market ◽  
World Market ◽  
Market Returns ◽  
Portfolio Flows ◽  
Asset Pricing Models ◽  
Local Risk ◽  
Financial Market Development

AbstractInternational asset pricing models suggest that barriers to portfolio flows and availability of market substitutes affect the degree and time variation of world market integration. We use GARCH-in-mean methodology to assess the evolution in market integration for eight emerging markets over the period 1977–2000. Our results suggest that while local risk is still a relevant factor in explaining time variation of emerging market returns, none of the countries appear to be completely segmented. We find that there are substantial crossmarket differences in the degree of integration. The evolution toward more integrated financial markets is apparent although at times we do observe reversals. In addition, we provide clear evidence on the impropriety of directly using correlations of market-wide index returns as a measure of market integration. Finally, financial market development and financial liberalization policies play important roles in integrating emerging markets.

scholarly journals INTEGRASI PASAR MINYAK SAWIT INDONESIA DAN DUNIA

Agro Ekonomi ◽  
2010 ◽  
Vol 17 (1) ◽  
Author(s):  
Septika Arifianti ◽  
Dwidjono Hadi Darwanto ◽  
Slamet Hartono
Keyword(s):  
Granger Causality ◽  
World Bank ◽  
Market Integration ◽  
Granger Causality Test ◽  
World Market ◽  
Government Policies ◽  
Causality Test ◽  
Oil Market ◽  
Monitoring Behavior ◽  
Petroleum Oil

This research was aimed: (1) to measure market intionegration of minyak sawit in the various Indonesia, Malaysia dan Rotterdam; (2) to measure the integration between minyak sawit markets and the substitution markets of minyak sawit ( world market of soybean oil, world market of sunflower oil, world market pf rapesseed oil); and (3) to analyze the leading market of minyak sawit. This research was basd on monthly orice data from 1999 t 2008, taken from World Bank. Market integration was analyzed by using Eagle and Granger model of c-integration. Granger causality test was used to measure the  leading market. The result showed that Indonesian minyak sawit market is integrated strongly with minyak sawit market in Malaysia and Rotterdam. Malaysian minyak sawit market isintegrated weakly with Rotterdam minyak sawit market. The analysis of co-integration showed that there were integration  between minyak sawit market and substitution markets of minyak sawit. Minyak sawit market also is integrated with the petroleum oil market. Granger causality test showed that Malaysian minyak sawit market was leading to other minyak sawit market. The last, this research suggested that increasing quality control, monitoring behavior of minyak sawit price in the Malaysia and Rotterdam market, and supporting government policies might be needed to increase Indonesian minyak sawit price.

Does integration lead to lower costs of equity?

2016 ◽  
Vol 42 (1) ◽  
pp. 86-112
Author(s):  
Jessica Dye ◽  
Aaron Gilbert ◽  
Gail Pacheco
Keyword(s):  
Empirical Evidence ◽  
Market Integration ◽  
Lower Cost ◽  
World Market ◽  
Equity Market ◽  
Equity Capital ◽  
Cost Of Equity Capital ◽  
Cost Of Equity ◽  
Market Conditions ◽  
Firm Level

Recent evidence has suggested that the benefits of equity market integration may not be shared equally by all firms. Making use of a firm-level measure of integration we investigate whether one of the documented benefits of equity market integration, lower cost of equity capital (COEC), holds for all Australian firms. Empirical evidence suggests that the degree of integration is reflected in firm COEC, albeit not in the expected way. Our results indicate that increased integration at the firm level leaves firms exposed to higher COEC when world market conditions are volatile.

scholarly journals Trends and Potential of the Reindustrialization of the Mining Region

2020 ◽  
Vol 174 ◽  
pp. 04022
Author(s):  
Ludmila Kusurgasheva ◽  
Alina Muromtseva ◽  
Evgeniya Prokopenko ◽  
Yuliya Yakunina
Keyword(s):  
Material Model ◽  
World Market ◽  
Spatial Development ◽  
Raw Material ◽  
Competitive Advantages ◽  
Technological Transformation ◽  
Difficult Situation ◽  
Russian Economy ◽  
Mining Region ◽  
Resource Type

The aim of this work is to develop theoretical foundations for the reindustrialization of the mining region in the context of trends in the spatial development of the Russian economy. The urgency of the problem is caused by the deepening of regional development unevenness, differentiation of regions by structural, resource and institutional parametric characteristics. As a result, the imperative of spatial development of the Russian economy is a consistent modernization of the regional organization of the economy on the basis of the reindustrialization policy. In the macroeconomic context, globalization is associated with overcoming stagnation consequences and entering the trajectory of sustainable innovative growth, stagnation and development mainly in the scenario; in the mesoeconomic context it is associated with accelerated capitalization of the competitive advantages of each region. The exhaustion of the predominantly export-raw material model of economic growth has put Kuzbass – the mining region of Western Siberia, which is heavily dependent on the state of the world market of fuel and energy resources in the most difficult situation. The task of the accelerated transition to the innovative-resource type of development through structural and technological transformation in the context of the General course of neoindustrialization for the region is actualized. This article presents a theoretical justification of the necessity, possibility and feasibility of neoindustrialization of the mining region in the context of globalization.

Sign in / Sign up

Export Citation Format

Share Document