GLOBAL ARMS MARKET: KEY PLAYERS, FEATURES, TRENDS

2021 ◽  
Vol 74 (2) ◽  
pp. 155-161
Author(s):  
G. Baikushikova ◽  
◽  
Keyword(s):  
World Trade ◽  
Structural Changes ◽  
Statistical Data ◽  
Middle Eastern ◽  
First Century ◽  
Military Equipment ◽  
Arms Trade ◽  
The World ◽  
Article Study

This article analyzes the current situation in the global arms market. The authors of the article study the role of the main players in the international arms and military equipment market, determine the main trends in the development of the world arms market, analyze the current statistical data characterizing the state of this market. The analysis allows us to conclude that, despite significant dynamic and structural changes, the demand for weapons in the world is not decreasing, as is the competition between the main suppliers of weapons. The intensification of military-political tensions led to an acceleration in the growth rates of the world arms trade. In addition, the geographic vector of development is changing in the global arms market. If in the second half of the twentieth century the Middle East actively acted as importing countries, then in the twenty-first century the center of world trade in military products shifted to Asia and Oceania, where the main importers of weapons are India, Pakistan, Vietnam, Singapore, South Korea, Indonesia, Japan and Australia. Most recently, there has been a new increase in demand for weapons from the Middle Eastern states, primarily Saudi Arabia, Qatar, Kuwait and Egypt.

Population ageing in Asia

2017 ◽  
pp. 43-48
Author(s):  
Du Peng ◽  
Cao Ting
Keyword(s):  
Social Services ◽  
Structural Changes ◽  
Long Term Care ◽  
Population Ageing ◽  
First Century ◽  
Term Care ◽  
The World ◽  
The Government

Decline in fertility, mortality, and rapid population migration has contributed to the structural changes of population in Asia. By the mid-twenty-first century, Asia will become the oldest region in the world with more than half (62%) of the world’s older population. While the pace of ageing differs across Asia, all countries/areas will face challenges to sustaining economic growth, while at the same time responding to a rising demand for social welfare and pension, health, and medical care—particularly long-term care and social services. It becomes increasingly recognized that relying on the role of family or the government to provide support for elders is not only unreliable but also costly. Policy and innovative initiatives should be made to emphasize collaboration among individuals, families, communities in enhancing home- and community-based care, creating an enabling environment, as well as supporting older persons’ participation in society.

Transnationality in the XXI century. Concept and indicators

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Grazia Ietto-Gillies
Keyword(s):  
Structural Changes ◽  
Transnational Corporation ◽  
First Century ◽  
Future Research ◽  
Content Type ◽  
Low Degree ◽  
Fixed Assets ◽  
Inclusive Concept ◽  
The Impact

Purpose The purpose of this paper is to analyse the impact of major structural changes on the conceptualization of the transnational corporation (TNC) based on foreign direct investment (FDI) and on indicators of transnationality. Design/methodology/approach Analysis of three major structural changes which impact the current conception of transnationality. They are: the rise of digital companies; the increased role of finance in the economy; externalization of activities via non-equity modalities (NEMs) with an impact on FDI and on the labour market. Findings The paper finds that the current concept of transnationality needs widening to take account of companies with a low degree of fixed assets abroad such as the digital and the financial companies and those internationalizing via NEMs, as well as to take account of the evolving relationship between TNCs and labour. Research limitations/implications Future research along the lines proposed should consider: working explicitly with the new, inclusive concept of transnationality and arrive at an empirical estimate of the proposed indices of transnationality which modify and amplify the current United Nations Conference on Trade and Development indices. Social implications Useful for understanding the nature of transnationality in the twenty-first century and for developing policies. Originality/value The paper proposes a new concept of transnationality and of the TNC, one that allows for new ways of organizing direct business activities abroad. It also proposes broadening the list of indicators of transnationality.

The Role of Risk Assessment in Precautionary Intervention: A Comparison of Judicial Trends in the EC and WTO

2007 ◽  
Vol 4 (6) ◽  
pp. 455-467 ◽  
Author(s):  
Elen Stokes
Keyword(s):  
Risk Assessment ◽  
European Community ◽  
Precautionary Principle ◽  
World Trade ◽  
Case Law ◽  
World Trade Organisation ◽  
The Precautionary Principle ◽  
The World ◽  
Phytosanitary Measures

AbstractThis paper focuses on the meanings attached to the "precautionary principle" in judgments passed down by the World Trade Organisation (WTO) and the European Community (EC) courts. It speaks to claims that, in response to WTO litigation, the EC courts are beginning to construe the precautionary principle in a manner that more closely resembles obligations arising from the Agreement on Sanitary and Phytosanitary Measures (the SPS Agreement). It illustrates that although disparities between interpretations in EC and WTO case law of legitimate precautionary intervention are growing to be less obvious, inconsistencies continue to exist.

Diversity and Legitimacy of the World Trade Organization’s Bench

2020 ◽  
pp. 427-445
Author(s):  
Cosette D Creamer ◽  
Zuzanna Godzimirska
Keyword(s):  
World Trade Organization ◽  
World Trade ◽  
Academic Experience ◽  
Appellate Body ◽  
The World ◽  
The Relationship

This chapter sheds light on the relationship between the composition of the bench and the sociological legitimacy of the judicial branch of the World Trade Organization (WTO). Two identity characteristics are consistently part of the criticism of the WTO’s bench: the lack of female adjudicators as well as individuals with academic experience. Overall, however, the identity of the bench does not appear to matter greatly for how WTO Members evaluate its exercise of authority. We suggest that the role of the WTO’s Legal Affairs Division and the Appellate Body Secretariat in streamlining outcomes and procedures may best explain this, as it helps prevent such diversity from manifesting in dispute rulings. Alternatively, it tells us that judicial diversity matters more for the bench’s normative legitimacy—and for scholars—than it does for governments.

3. The economic dimension of globalization

2020 ◽  
pp. 38-63
Author(s):  
Manfred B. Steger
Keyword(s):  
World Trade ◽  
Chinese Economy ◽  
Economic Dimension ◽  
The World Bank ◽  
The World ◽  
History Of ◽  
Financial Transactions ◽  
Second World ◽  
The International Monetary Fund

Economic globalization refers to the intensification and stretching of economic connections across the globe. ‘The economic dimension of globalization’ gives a brief history of the emergence of the global economic order. Towards the end of the Second World War, the Bretton Woods Conference laid the foundations for institutions such as the International Monetary Fund, the World Bank, and World Trade Organization. In the 1980s, rising neoliberalism led to the deregulation of financial transactions. Significant developments include the internationalization of trade, the increasing power of transnational corporations, and the enhanced role of international economic institutions. We have recently experienced setbacks like the 2007–10 recession and the slowdown of the Chinese economy.

Meta-Regulation of Private Standards: The Role of Regional and International Organizations in Comparison with the WTO

2020 ◽  
pp. 1-24
Author(s):  
Yoshiko Naiki
Keyword(s):  
International Organizations ◽  
World Trade ◽  
Regulatory Function ◽  
Soft Law ◽  
Trade Law ◽  
International Trade Law ◽  
Private Standards ◽  
The World ◽  
One Step

Abstract The rise and proliferation of private standards have been recognized in international trade law, and various concerns have been raised. Existing literature analyses how the World Trade Organization (WTO), particularly the SPS (Sanitary and Phytosanitary) Committee and the TBT (Technical Barriers to Trade) Committee, have responded (or cannot respond) to the proliferation of private standards. This paper goes one step further by focusing specifically on the meta-regulatory function performed by regional and international organizations other than the WTO. This paper sheds light on three types of governance techniques that can serve as meta-regulatory activities in relation to private standards by regional and international organizations: (1) governance by delegation; (2) governance by information; and (3) governance by soft law. This paper analyses features of these governance techniques and considers the relation between these governance techniques and the WTO's approach.

scholarly journals The role of metallurgy in the NIST investigation of the World Trade Center towers collapse

JOM ◽  
2007 ◽  
Vol 59 (11) ◽  
pp. 22-30 ◽  
Author(s):  
S. W. Banovic ◽  
T. Foecke ◽  
W. E. Luecke ◽  
J. D. McColskey ◽  
C. N. McCowan ◽  
...  
Keyword(s):  
World Trade ◽  
World Trade Center ◽  
The World ◽  
Trade Center ◽  
World Trade Center Towers

Global Organizations

2017 ◽  
Author(s):  
Rabi S. Bhagat ◽  
Annette S. McDevitt ◽  
B. Ram Baliga
Keyword(s):  
World War Ii ◽  
Economic Geography ◽  
World Trade ◽  
First Century ◽  
The Political ◽  
World War ◽  
Global Organizations ◽  
Interdisciplinary Perspective ◽  
The World ◽  
Technological Developments

Organizations that function across dissimilar nations and cultures are known as global organizations. Their origins may be in any of the globalized countries of the World Trade Organization as well as other supernational systems that coordinate activities of the United Nations and similar organizations. Global organizations are everywhere, and their growth has been phenomenal since World War II. Managing them effectively requires in-depth knowledge of the political and economic geography in which they operate. Along with such knowledge, managers must also discern the underpinnings of cultural and technological developments in their strategic planning and implementation. A few decades ago, an interdisciplinary perspective was not regarded as crucial in understanding the functioning of global organizations. However, in the complex and dynamic era of globalization, an interdisciplinary perspective is crucial. This book adopts this perspective and integrates the often conflicting and dynamic perspectives in a fashion that sheds light for understanding the nature of global organizations in the twenty-first century.

Trade in electricity under WTO and EAEU Law: compatibility of two legal regimes†

2020 ◽  
Vol 13 (2) ◽  
pp. 129-140
Author(s):  
Daria Boklan ◽  
Olga Belova
Keyword(s):  
World Trade Organization ◽  
Electricity Market ◽  
World Trade ◽  
Legal Order ◽  
Member States ◽  
Eurasian Economic Union ◽  
The World ◽  
History Of ◽  
Economic Union

Abstract Accession of Russia and Kazakhstan to the World Trade Organization (WTO) constitutes a landmark event in the history of this organization, especially in relation to trade in energy, in general, and trade in electricity, in particular. As a result, the role of the WTO in regulating trade in electricity has increasingly grown. However, the Treaty on the Eurasian Economic Union, a treaty that binds both Russia and Kazakhstan, necessitates additional regulation for trade in electricity, concurrent with law of the WTO. Recently, this treaty was amended by the Protocol on Common Electricity Market on 1 July 2019. As a result, compatibility issues between the rules of the WTO and the Eurasian Economic Union arise. This article concludes that the law of the WTO can be relevant to trade in electricity between Member States of the Eurasian Economic Union and third countries because of the specific place of the rules of the WTO under the Eurasian Economic Union legal order.

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