Changing International Specialization and U.S. Imports of Manufactures

Author(s):  
Robert S. Browne
Author(s):  
Yu. Kvashnin

Debt crisis in South European region turned out to be the focal point of the European debt crisis. It made explicit fundamental disproportions in the development of the Eurozone, in particular strict division between the Center and the Periphery. After joining to the Eurozone South European countries faced further deterioration of their positions in the global markets and fixing of an unfavorable type of their international specialization. Such situation can be seen most evidently in the case of Greece.


2016 ◽  
Vol 10 (6) ◽  
pp. 9-14
Author(s):  
Людмила Шубцова ◽  
Lyudmila SHubtsova ◽  
Наталья Белохвостова ◽  
Natalya Belokhvostova

This article represents current tendencies stemming from collapse in the price of oil, devaluation of the national currency, bilateral international sanctions after the accession of Crimea and events in Ukraine, the aggravation of political situation and closure of the main areas of outbound tourism, namely Turkey and Egypt. Such negative situation for the country in whole has some positive aspects of the impact on internal tourism development, especially in regions with favorable climatic conditions and developed material basis for the tourism industry. Primarily Kuban is among these regions. The region for decades has been asserting as a tourism and recreation complex with a unique specialization in sanatorium-and-spa treatment. It has great social and economic potential, developed infrastructure, natural conditions for the international specialization in tourism and for high-quality rest and treatment of Russian citizens. However, the analysis showed that advances in this direction are insufficient. Even with the favorable impact of external factors many development indicators of the region’s tourism industry in the pre-crisis time are lower than in 2005. The high cost of services that is beyond reach for many Russian citizens is one of the important obstacles for tourism development. Hotel services and usage of the sports infrastructure in Sochi and Krasnaya Polyana are more expensive than in foreign resorts, but are inferior in services, for example, to Austrian Innsbruck. The state regulation of the tourism industry, definition of the strategic objectives and development of mechanisms to achieve them are in need. Spontaneous development of the complex can cause damage and prevent to use region’s temporary factors and advantages in a difficult period for the country.


2005 ◽  
Vol 4 (3) ◽  
pp. 1-27 ◽  
Author(s):  
Prema-chandra Athukorala

International product fragmentation—the cross-border dispersion of component production/assembly within vertically integrated production processes—is an important feature of the deepening structural interdependence of the world economy. This paper examines the implications of this phenomenon for global and regional trade patterns, with special emphasis on countries in East Asia, using a new data set culled from the United Nations Commodity Trade Statistics Database. It is found that, while “fragmentation trade” has generally grown faster than total world trade in manufacturing, the degree of dependence of East Asia on this new form of international specialization is proportionately larger than that of North America and Europe. The upshot is that international product fragmentation has made East Asian growth increasingly reliant on extra-regional trade, strengthening the case for a global, rather than a regional, approach to trade and investment policymaking.


2015 ◽  
Vol 2 (2) ◽  
pp. 28-32
Author(s):  
O M Mescheryakova

Article seeks to substantiate the philosophical and legal approach to the analysis of the phenomenon of the globalization law. In the present article author researches questions of globalization impact on the international law. Author notes that today it is possible to talk about the new phase of globalization. In the article author also reveals the essence of processes that determine development of international law in the century of globalization, Along with the formation of a new branch of law - integration law, which is a kind of legal mechanism to govern global public relations, development of modern public law is determined by the changing of nature of production and international specialization.


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