scholarly journals After Covid-19 New Payments Methods in International Trade

2020 ◽  
Vol 4 (4) ◽  
pp. 271-284
Author(s):  
Selminaz ADIGÜZEL
Keyword(s):  
International Trade ◽  
Research Result ◽  
Developed Countries ◽  
Payment Methods ◽  
Cross Border ◽  
The Poor ◽  
Economic Stagnation ◽  
The World ◽  
Politics And Education ◽  
The Rich

The Corona epidemic that started about in 2019 brought changes in the fields of economy, politics and education. Significant changes have occurred in the forms of payment and delivery, which is one of the important issues in international trade.Incoterms 2020, after ICC announced on September 10, 2019, Incoterms International Trade Terms) investigated the responsibilities of cross-border merchants (exporter) and buyers (importer) for the delivery of tradable goods, to investigate new forms of payment after the Covid 19 outbreak. Information about payment methods in international trade is given.In the research, the literature search was done and after 2020 Corona virus, researches and payment methods in the world were examined. According to the research result, after the Sars virus, developed countries established their digital infrastructures and made their preparations about 20 years ago and made their commercial infrastructures suitable for remote trade.  He prepared the payment methods for the establishment of the ICC Digital infrastructure. Economic stagnation and a fall in GDP are related to a decrease in demand. China, one of the countries where the virus started, was not caught in Corona. The rich continue to be rich, the poor still become poor.

A Study on the Economic Benefits of Globalization: Focusing on the Poverty and Inequality between the Rich and the Poor

2009 ◽  
Vol 12 (2) ◽  
pp. 191-214 ◽  
Author(s):  
Sang-Hyup Shin
Keyword(s):  
Developing Countries ◽  
Global Economy ◽  
Developed Countries ◽  
Economic Benefits ◽  
Global Poverty ◽  
The Poor ◽  
Poverty And Inequality ◽  
The World ◽  
The Rich ◽  
The Developed Countries

Globalization is now well recognized by many as an inescapable feature of the world today. In particular, in the middle of global economic crisis globalization is one of the hot issues drawing much attention from countries around the world. There are contradictory perspectives on globalization. There are many sweeping statements that assert that economic globalization is increasing global poverty and inequality between the rich and the poor in the world. There are also many others who insist that the poverty and inequality issues have been resolved in some sense through globalization. In order to find the answer to the question, firstly the meaning of globalization was fully explained. Based on the understanding of globalization, the questions such as how globalization has contributed to reduce the economic gap between the developed and the developing countries, and to reduce the poverty by analyzing the economic growth, the number of people living below the absolute poverty line and so on were analyzed. The reasons why globalization is a good opportunity for some countries while some other countries get not something from the globalization was also discussed in this research. We found that globalization has contributed to reduce global poverty and to increase the welfare of both the developed and developing countries. However globalization has impacted different groups differently. Some have benefited enormously, while others have borne more of the costs. The developed countries could get more economic benefits from the less developed countries through globalization. This means, inequality between the rich and the poor countries still remained as a serious threat in the global economy. And even among the developing countries globalization has impacted differently. The trends toward faster growth and poverty reduction are strongest in developing economies that have integrated with the global economy most rapidly, which supports the view that integration has been a positive force for improving the lives of people in developing countries There are two main reasons for the inequality existing between the developed and developing countries. The fist one is the difference of economic size and power between the developed countries and the developing countries started to exist from the late 18th century. The second one is the differences in the management skill in taking advantage of the globalization.

Classifying the LDCs

Worldview ◽  
1980 ◽  
Vol 23 (11) ◽  
pp. 23-25
Author(s):  
William C. Rogers
Keyword(s):  
Saudi Arabia ◽  
Developed Countries ◽  
Popular Press ◽  
The Poor ◽  
Visual Evidence ◽  
The World ◽  
The Rich ◽  
Aid Programs ◽  
Communist Countries ◽  
Developed World

For a full generation the world, like Gaul, has been divided into three parts, the rich, the poor, and the Communists. Scholars and bureaucrats have devised these economic categories, calling them the developed world, the Communist countries, and the less developed countries (LDCs). In the last few years, however, these classifications have been bursting at the seams of their logic. Even the man in the street is beginning to wonder why such nations as Saudi Arabia, Venezuela, Argentina, and Brazil are still "poor" LDCs and thus eligible for various aid programs. Visual evidence of their burgeoning wealth is available on TV and in the popular press. Yet the list of developed countries remains the same. It seems no one ever gets promoted.

scholarly journals Poverty Alleviation at an International Development Organization: Resurrecting the Human Being as Subject

2009 ◽  
Vol 34 (2) ◽  
pp. 1-14 ◽  
Author(s):  
Sangeeta Parameshwar ◽  
Param Srikantia ◽  
Jessica Heineman-Pieper
Keyword(s):  
International Development ◽  
Poverty Alleviation ◽  
Urban Poor ◽  
Developed Countries ◽  
Human Beings ◽  
Development Organization ◽  
Life Styles ◽  
The Poor ◽  
The World ◽  
The Rich

This paper examines the field experiences of one of the authors in designing workshops for Finance Ministers of several countries at a leading international development organization. The power of a single book to cause a paradigm change is brought out as the authors sensemake the field experience in the light of their reading of The Development Dictionary, edited by Wolfgang Sachs, which debunks the myth of a “First World” and a “Third World” based on the socially constructed binary paradigm of “development” and “underdevelopment.” While claiming to do the opposite, professionals in the field of “international development” have often been impoverishing global communities through Western economic and technological interventions, enabled by the “aid” provided by interested global financial institutions on usurious, harmful, and coercive terms. It is ironic that the West, with all its economic crashes, corporate scandals, addictive consumerism, runaway militarism, and unsustainable life styles, considers itself competent to “develop” the other three-fourths of the world's population. A crucial shortcoming of disciplines like Western management, business administration, public policy, and development economics is that their conceptual frameworks and the ensuing strategies ignore the inner, subjective landscape of human beings that can be a source of creative transcendence from the standpoint of human flourishing. As a basis for an enlightened consciousness in global social change work, the paper recommends an alternative conceptual framework defined by the four coordinates of man-as-subject with a focus on the person (as opposed to man-as-object with a focus on aggregates), an abundance-based appreciative valuing (as opposed to a scarcity-based problem solving), organic, indigenous approaches that are grassroots-based (versus expert-driven prescriptions grafted from a foreign source) and an orientation toward Being (rather than a focus on “doing” that results in the mechanistic implementation of programmatic routines). The paper seeks to highlight the importance of resurrecting human subjectivity as a fundamental regenerative force underlying empowerment and poverty alleviation. The answer to the world's problems may be ‘counter-development,’ by which the ‘rich’ ‘developed’ countries “develop” themselves in their spiritual consciousness, thereby reducing the systemic risk of their unsustainable, wasteful ways on the rest of the world they seek to ‘develop.’ If we think of the world as a global learning community, a repository of different ways of living and being that are non-comparable, we may have to remake these contemporary development institutions more in the image of a ‘global parliament of cultures’ in which different cultures, from a stance of equality, share life furthering practices with one another and seek to understand what gives vitality to all of them. As experiences of urban poor groups illustrate, the poor have demonstrated extraordinary creativity and ingenuity in designing innovative solutions to their own problems, and they appear more competent at poverty reduction than local or national governments and international agencies (Appadurai, 2001). Poverty alleviation led by the poor themselves may be a viable alternative to poverty alleviation led by the rich. International development agencies from wealthy countries that claim to be focused on “poverty alleviation” should perhaps reframe their mission to “greed alleviation” in their own countries.

When Do the Rich Vote Less Than the Poor and Why? Explaining Turnout Inequality across the World

2014 ◽  
Vol 59 (3) ◽  
pp. 613-627 ◽  
Author(s):  
Kimuli Kasara ◽  
Pavithra Suryanarayan
Keyword(s):  
The Poor ◽  
The World ◽  
The Rich

scholarly journals INAPPROPRIATE TECHNOLOGY What Is in It for the Rich?

2007 ◽  
Vol 11 (4) ◽  
pp. 487-518 ◽  
Author(s):  
ANA FERNANDES ◽  
KRISHNA B. KUMAR
Keyword(s):  
Green Revolution ◽  
Developed Countries ◽  
Welfare Effects ◽  
Luxury Good ◽  
Rich Region ◽  
The Poor ◽  
Poor Region ◽  
Inferior Good ◽  
The Rich ◽  
Local Use

In this paper, we investigate incentives, other than altruism, that developed countries have for improving developing country technologies. We propose a simple model of international trade between two regions, in which individuals have preferences over an inferior good and a luxury good. The poor region has a comparative advantage in the production of the inferior good. Even when costly adaptation of the technology to the poor region's characteristics is required—making the technology inappropriate for local use—there are parameter configurations for which the rich region has an incentive to incur this cost. It benefits from a terms-of-trade improvement and from greater specialization in the luxury good. Indeed, there are cases where the rich region would prefer to improve the poor region's technology for producing the inferior good rather than its own. We apply our model to the Green Revolution and provide a quantitative assessment of its welfare effects.

scholarly journals Globalisation and older people: effects of markets and migration

2002 ◽  
Vol 22 (5) ◽  
pp. 647-663 ◽  
Author(s):  
GAIL WILSON
Keyword(s):  
Social Policy ◽  
Older People ◽  
Economic Restructuring ◽  
Older Men ◽  
World Trade Organisation ◽  
Men And Women ◽  
The Poor ◽  
The World ◽  
The Rich ◽  
Older Men And Women

This paper discusses the material aspects of globalisation and the effects of the movements of trade, capital and people around the world on older men and women. While some older people have benefited, most notably where pensions and health care are well developed, the majority of older men and women are among the poor who have not. Free trade, economic restructuring, the globalisation of finance, and the surge in migration, have in most parts of the world tended to produce harmful consequences for older people. These developments have been overseen, and sometimes dictated, by inter-governmental organisations (IGOs) such as the International Monetary Foundation (IMF), the World Bank and the World Trade Organisation (WTO), while other IGOs with less power have been limited to anti-ageist exhortation. Globalisation transfers resources from the poor to the rich within and between countries. It therefore increases social problems while simultaneously diminishing the freedom and capacity of countries to make social policy. Nonetheless, the effects of globalisation, and particularly its financial dimensions, on a nation's capacity for making social policy can be exaggerated. Political will can combat international economic orthodoxy, but the evident cases are the exception rather than the rule.

scholarly journals Using fuzzy logic for evaluating the level of countries’ (regions’) economic development

2012 ◽  
Vol 59 (3) ◽  
pp. 293-310 ◽  
Author(s):  
Gordan Stojic
Keyword(s):  
Mathematical Model ◽  
Economic Development ◽  
Fuzzy Logic ◽  
Developed Countries ◽  
Gdp Per Capita ◽  
Industrial Growth ◽  
The Poor ◽  
The World ◽  
Level Of Economic Development ◽  
Per Capita

There are several divisions of countries and regions in the world. Besides geo-political divisions, there also are economic divisions. The most common economic division is the that on developed countries and the poor ones. These divisions are a consequence of the level of: GDP, GDP per capita, unemployment rate, industrial growth, and so on. The question is how to define a mathematical model based on which the following will be assessed: who is rich and who is poor, or who is economically developed and who is not? How the boundaries of transition from one category to another can be defined? This paper presents a model for evaluating the level of economic development of countries and regions using "fuzzy" logic. The model was tested on a sample of 19 EU member countries and aspirants for membership.

scholarly journals KONSEP HAK MILIK DALAM EKONOMI ISLAM

2017 ◽  
Vol 9 (2) ◽  
pp. 189-207
Author(s):  
AN Ras Try Astuti ◽  
Andi Faisal
Keyword(s):  
Developing Countries ◽  
Social Justice ◽  
Economic System ◽  
The Other ◽  
Private Ownership ◽  
The Poor ◽  
The World ◽  
Joint Ownership ◽  
The Rich ◽  
The Individual

Capitalism as an economic system that is implemented by most countries in the world today, in fact it gave birth to injustice and social inequalityare increasingly out of control. Social and economic inequalities are felt both between countries (developed and developing countries) as well as insociety itself (the rich minority and the poor majority). The condition is born from the practice of departing from faulty assumptions about the man. In capitalism the individual to own property released uncontrollably, causing a social imbalance. On the other hand, Islam never given a state model that guarantees fair distribution of ownership for all members of society, ie at the time of the Prophet Muhammad established the Islamic government in Medina. In Islam, the private ownership of property was also recognized but not absolute like capitalism. Islam also recognizes the forms of joint ownership for the benefit of society and acknowledges the ownership of the state that aims to create a balance and social justice.

Brain Drain Controversy and African Scholars

1979 ◽  
Vol 9 (4) ◽  
pp. 27-30
Author(s):  
Man Singh Das
Keyword(s):  
United States ◽  
Human Resources ◽  
Brain Drain ◽  
Developed Countries ◽  
The United States ◽  
Industrialized Countries ◽  
Asian Student ◽  
Poor Countries ◽  
The Poor ◽  
The World

The phenomenon popularly known as brain drain has attracted growing concern in the United States and abroad (Tulsa Daily World, 1967; Committee on Manpower... 1967; Asian Student, 1968a: 3; 1968b: 1; 1969: 3; Institute of Applied Manpower . . . 1968; U. S. Congress, 1968; Gardiner, 1968: 194-202; Bechhofer, 1969: 1-71; Committee on the International Migration . . . 1970). The notion has been expressed that the poor countries of the world are being deprived of their talent and robbed of their human resources by the exchange of scholars and students which goes on between nations (U.S. Congress, 1968: 16-25; Mondale, 1967a: 24-6; 1967b: 67-9). Implicit is the idea that many students from these less developed countries go to the more highly developed and industrialized countries for study and decide not to return to their homeland.

Latin American countries and Russia in the international trade of the main tropical fruits

2021 ◽  
pp. 48-59
Author(s):  
Rafail R. Mukhametzyanov ◽  
◽  
Ana Isabel Fedorchuk Mac-Eachen ◽  
Gulnara K. Dzhancharova ◽  
Nikolay G. Platonovskiy ◽  
...  
Keyword(s):  
International Trade ◽  
Latin American ◽  
Developed Countries ◽  
World Market ◽  
Tropical Fruits ◽  
Tropical Fruit ◽  
Food And Agriculture ◽  
Food And Agriculture Organization ◽  
The World ◽  
Latin American Countries

The orientation of a part of the population of economically developed countries to a healthy diet, the spread of ideas of vegetarianism, concern for the environment, and relatively higher incomes contributed to an increase in demand for fruits, berries and nuts of tropical and subtropical origin. Some of them, in particular bananas, oranges, tangerines, lemons, have become common food products and practically everyday consumption for the majority of the population of developed countries in the last quarter of the 20th century. In the future, some other types of fresh fruit and berry products from the tropics and subtropics (for example, pineapple, kiwi, avocado) gradually, due to increased production and international trade, also became more economically available to the ordinary consumer. Based on the analysis of statistics from the Food and Agriculture Organization of the United Nations for 1961-2019, the article shows a number of trends in international trade (for exports) of major tropical fruits are reflected, with a deeper look at the participation of Latin American countries in this process. It was revealed that some states of this region, such as Mexico, Ecuador, Guatemala, Costa Rica, Colombia, Honduras, Peru, Brazil, Chile, occupy significant positions in the supply of bananas, pineapple, avocado, mango, papaya to the world market. Currently, Russia is one of the largest countries in the world in terms of imports of fruit and berry products, therefore, the issue of its participation as a subject of demand in the world tropical fruit market is raised.

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