scholarly journals GEO-STRATEGIC CONSEQUENCE OF CHABAHAR AND GWADAR SEA PORTS AND THE INTERESTS OF EXTERNAL PLAYER

2021 ◽  
Vol 4 (3) ◽  
Author(s):  
Mohammad Yousaf, ,Dr. Adil Zaman Kasi ,Dr. Mulazim Hussain
Keyword(s):  
Deep Sea ◽  
The United States ◽  
Economic Security ◽  
Strategic Partnership ◽  
Current Phase ◽  
Equal Distribution ◽  
Long Run ◽  
Distribution Of Resources ◽  
Sea Ports ◽  
The Persian Gulf

In this study, we are trying to examine the Geostrategic and economic potentials of Gwadar and Chabahar deep Sea ports recently two constructed ports while Gwadar situated in Balochistan Province of Pakistan and Chabahar located in Sistan and Balochistan area of Iran has been recognized as coagulated strategic agreements between China and Pakistan and between India and Iran. These sea port politics are forming an unbalance of powers in the region after the United States of America is expanding its military role in the region and attended more strategic partnership with India. Both ports could change the dynamics of regional politics, oceanic trades and transshipment, therefore, in this developing scenario both Gwadar and Chabahar Iranian port have taken a central stage in the current phase of international politics and have taken a unique geo- strategic and geo-political significance. Gwadar deep sea port is weighted as a strategic base from where; China can monitor US movement in the Persian Gulf, Indians naval actions in the Arabian sea and US-Indo maritime cooperation in the IOR (Indian Ocean Region). India, in response of this strategic move developing Chahbahar port with Iranian assistances and partnership of Afghanistan, desire to Central Asian countries coupled with to reduce the influence of Chinas future long -run geo-economic and strategic interest in the entire region. The new economic, strategic and development move have created a new power structure which places the indigenous people better off after the new wave of globalization in this region. The development of Chabahar and more specifically Gwadar port could go nowhere, if the property rights of local masses and their socio economic security are not protected. One solution is to provide free and fair access of local masses to the new developments with equal distribution of resources and other opportunities to the locals at their doorsteps

Path dependence, the COVID-19 crisis, and inequality in the United States

2021 ◽  
Vol 18 (2) ◽  
pp. 198-206
Author(s):  
Daniele Tavani
Keyword(s):  
Great Recession ◽  
Path Dependence ◽  
The United States ◽  
Economic Security ◽  
The Great Recession ◽  
Us Economy ◽  
Long Run ◽  
The Us ◽  
Historical Trajectory

This paper considers both secular and medium-run trends to argue that the US economy was already vulnerable to shocks before the COVID-19 crisis. Long-run trends have shown a pattern of secular stagnation and increasing inequality since the 1980s, while the economy has displayed hysteresis during the sluggish recovery from the Great Recession. The immediate policy response through the Coronavirus, Relief and Economic Security (CARES) Act highlighted the coordinating role of fiscal policy on the economy, but also showcased limits, especially with regard to the paycheck protection program. The historical trajectory of the US economy before the COVID-19 crisis cast serious doubts on recent cries of ‘overheating’ and inflationary pressures that should supposedly arise from the $1.9 trillion relief package just signed into law by President Biden. Projecting forward to the long run, redistribution policies may provide useful first steps in reversing the trends of rising inequality and declining productivity growth that the US economy has seen over the last few decades.

An Econometric Analysis on the Relationship between Globalisation and Inequality in South Africa

2020 ◽  
Vol 11 (1) ◽  
pp. 89-89
Author(s):  
Jacques de Jongh
Keyword(s):  
South Africa ◽  
Well Being ◽  
Causality Analysis ◽  
Global Integration ◽  
Development Indicators ◽  
Long Run ◽  
The World ◽  
Distribution Of Resources ◽  
Short Run ◽  
The Impact

Globalisation has had an unprecedented impact on the development and well-being of societies across the globe. Whilst the process has been lauded for bringing about greater trade specialisation and factor mobility many have also come to raise concerns on its impact in the distribution of resources. For South Africa in particular this has been somewhat of a contentious issue given the country's controversial past and idiosyncratic socio-economic structure. Since 1994 though, considerable progress towards its global integration has been made, however this has largely coincided with the establishment of, arguably, the highest levels of income inequality the world has ever seen. This all has raised several questions as to whether a more financially open and technologically integrated economy has induced greater within-country inequality (WCI). This study therefore has the objective to analyse the impact of the various dimensions of globalisation (economic, social and political) on inequality in South Africa. Secondary annual time series from 1990 to 2018 were used sourced from the World Bank Development indicators database, KOF Swiss Economic Institute and the World Inequality database. By using different measures of inequality (Palma ratios and distribution figures), the study employed two ARDL models to test the long-run relationships with the purpose to ensure the robustness of the results. Likewise, two error correction models (ECM) were used to analyse the short-run dynamics between the variables. As a means of identifying the casual effects between the variables, a Toda-Yamamoto granger causality analysis was utilised. Keywords: ARDL, Inequality, Economic Globalisation; Social Globalisation; South Africa

The Impact of Monetary and Fiscal Policies on the Stock Market in the United States (U.S); Evidence from Linear ARDL Framework

2020 ◽  
Vol 11 (1) ◽  
pp. 132-132
Author(s):  
Aref Emamian
Keyword(s):  
United States ◽  
Stock Market ◽  
The United States ◽  
Real Effective Exchange Rate ◽  
Annual Data ◽  
Fiscal Policies ◽  
Long Run ◽  
The Us ◽  
Short Run ◽  
The Impact

This study examines the impact of monetary and fiscal policies on the stock market in the United States (US), were used. By employing the method of Autoregressive Distributed Lags (ARDL) developed by Pesaran et al. (2001). Annual data from the Federal Reserve, World Bank, and International Monetary Fund, from 1986 to 2017 pertaining to the American economy, the results show that both policies play a significant role in the stock market. We find a significant positive effect of real Gross Domestic Product and the interest rate on the US stock market in the long run and significant negative relationship effect of Consumer Price Index (CPI) and broad money on the US stock market both in the short run and long run. On the other hand, this study only could support the significant positive impact of tax revenue and significant negative impact of real effective exchange rate on the US stock market in the short run while in the long run are insignificant. Keywords: ARDL, monetary policy, fiscal policy, stock market, United States

China's Western Horizon

2020 ◽  
Author(s):  
Daniel S. Markey
Keyword(s):  
Political Influence ◽  
The United States ◽  
The Political ◽  
Regional Politics ◽  
National Wealth ◽  
Long Run ◽  
Political Implications ◽  
Foreign Policies ◽  
Belt And Road ◽  
Infrastructure Investments

This book explains how China’s new foreign policies like the vaunted “Belt and Road” Initiative are being shaped by local and regional politics outside China and assesses the political implications of these developments for Eurasia and the United States. It depicts the ways that President Xi Jinping’s China is zealously transforming its national wealth and economic power into tools of global political influence and details these developments in South Asia, Central Asia, and the Middle East. Drawing from extensive interviews, travels, and historical research, it describes how perceptions of China vary widely within states like Pakistan, Kazakhstan, and Iran. Eurasia’s powerful and privileged groups often expect to profit from their connections to China, while others fear commercial and political losses. Similarly, statesmen across Eurasia are scrambling to harness China’s energy purchases, arms sales, and infrastructure investments as a means to outdo their strategic competitors, like India and Saudi Arabia, while negotiating relations with Russia and America. The book finds that, on balance, China’s deepening involvement will play to the advantage of regional strongmen and exacerbate the political tensions within and among Eurasian states. To make the most of America’s limited influence along China’s western horizon (and elsewhere), it argues that US policymakers should pursue a selective and localized strategy to serve America’s aims in Eurasia and to better compete with China over the long run.

The Sino–Russian Strategic Partnership

2018 ◽  
Author(s):  
Paul J. Bolt ◽  
Sharyl N. Cross
Keyword(s):  
The United States ◽  
Strategic Partnership ◽  
Relative Power ◽  
Mutual Respect ◽  
Major Power ◽  
The West ◽  
The World ◽  
Key Players ◽  
Common Interests ◽  
The Relationship

The Conclusion reviews the volume’s major themes. Russia and China have common interests that cement their partnership, and are key players in shaping the international order. Both seek better relations with the West, but on the basis of “mutual respect” and “equality.” While the relationship has grown deeper, particularly since 2014, China and Russia are partners but not allies. Thus, their relationship is marked by burgeoning cooperation, but still areas of potential competition and friction. Russia in particular must deal with China’s growing relative power at the same time that it is isolated from the West. While the Russian–Chinese relationship creates challenges for the United States and Europe and a return of major power rivalry, there is also room for cooperation in the strategic triangle comprising China, Russia, and the West. Looking ahead, the world is in a period of dramatic transition.

scholarly journals Hard Times: Routine Schedule Unpredictability and Material Hardship among Service Sector Workers

Social Forces ◽  
2020 ◽  
Author(s):  
Daniel Schneider ◽  
Kristen Harknett
Keyword(s):  
Service Sector ◽  
Food Service ◽  
The United States ◽  
Economic Security ◽  
Work Schedules ◽  
Material Hardship ◽  
Cross Sectional ◽  
Hard Times ◽  
Advance Notice ◽  
Food Service Workers

Abstract American policymakers have long focused on work as a key means to improve economic wellbeing. Yet, work has become increasingly precarious and polarized. This precarity is manifest in low wages but also in unstable and unpredictable work schedules that often vary significantly week to week with little advance notice. We draw on new survey data from The Shift Project on 37,263 hourly retail and food service workers in the United States. We assess the association between routine unpredictability in work schedules and household material hardship. Using both cross-sectional models and panel models, we find that workers who receive shorter advanced notice, those who work on-call, those who experience last minute shift cancellation and timing changes, and those with more volatile work hours are more likely to experience hunger, residential, medical, and utility hardships as well as more overall hardship. Just-in-time work schedules afford employers a great deal of flexibility but at a heavy cost to workers’ economic security.

Abstract T P146: Vitamin D Deficiency is Associated With Stroke in Black and White Participants of the REGARDS Study

Stroke ◽  
2014 ◽  
Vol 45 (suppl_1) ◽  
Author(s):  
Suzanne E Judd ◽  
Virginia J Howard ◽  
Paul Muntner ◽  
Brett M Kissela ◽  
Bhupesh Panwar ◽  
...  
Keyword(s):  
Vitamin D ◽  
Vitamin D Deficiency ◽  
Racial Differences ◽  
Sex Education ◽  
The United States ◽  
Dietary Vitamin ◽  
Equal Distribution ◽  
Black And White ◽  
Increased Risk ◽  
Regards Study

Objective: Black Americans are at greater risk of both stroke and vitamin D deficiency than white Americans. We have previously shown that both higher dietary vitamin D and sunlight exposure are associated with decreased risk of stroke; however, serum 25(OH) is thought to be a better marker of vitamin D status. Methods: Using a case cohort design, we examined the association of plasma 25(OH)D with incident stroke in the REasons for Geographic and Racial Differences in Stroke (REGARDS) study, a cohort of black and white participants from across the United States enrolled between 2003 and 2007. Medical records were reviewed by physicians and strokes were classified on the basis of symptoms and neuroimaging. Strokes through July 1, 2011 were included. A stratified cohort sample was selected to ensure approximately equal numbers of black and white participants and an equal distribution across ages. We used Cox proportional hazards models weighted back to the original 30,239 participants, excluding those with history of stroke. Serum 25(OH)D was measured by Immunodetection Systems ELISA. Results: Over mean follow-up of 4.4 years, there were 539 ischemic and 71 hemorrhagic strokes. The stroke-free sub-cohort included 939 participants. After adjustment for age, race, sex, education, diabetes, hypertension, smoking, atrial fibrillation, heart disease, physical activity, kidney function, calcium and phosphorous, 25(OH)D level 30 ng/mL. The direction of association was similar for hemorrhagic stroke though not statistically significant (HR=1.59; 95%CI=0.78, 3.24). Vitamin D deficiency was associated with an increased risk of all stroke (HR=1.54; 95%CI=1.05, 2.23). This effect was greater in blacks (HR=2.09; 95%CI=1.09, 3.99) than whites (HR=1.38; 95%CI=0.78, 2.42). Results were not as strong when we modeled 25(OH)D as a continuous variable (HR=0.99 per 1 ng/ml change in 25(OH)D; 95%CI=0.98, 1.01). Discussion: Similar to low vitamin D intake, vitamin D deficiency is a risk factor for incident stroke. These findings support evidence from cardiovascular and cancer epidemiology that treating low 25(OH)D may prevent strokes.

scholarly journals The world market for soybeans: price transmission into Brazil and effects from the timing of crop and trade

Nova Economia ◽  
2007 ◽  
Vol 17 (2) ◽  
pp. 241-270 ◽  
Author(s):  
Mario A. Margarido ◽  
Frederico A. Turolla ◽  
Carlos R. F. Bueno
Keyword(s):  
United States ◽  
Forecast Error ◽  
The United States ◽  
World Market ◽  
Price Transmission ◽  
Long Run ◽  
Cointegration Tests ◽  
The World ◽  
The Law ◽  
The One

This paper investigates the price transmission in the world market for soybeans using time series econometrics models. The theoretical model developed by Mundlack and Larson (1992) is based on the Law of the One Price, which assumes price equalization across all local markets in the long run and allows for deviations in the short run. The international market was characterized by three relevant soybean prices: Rotterdam Port, Argentina and the United States. The paper estimates the elasticity of transmission of these prices into soybean prices in Brazil. There were carried causality and cointegration tests in order to identify whether there is significant long-term relationship among these variables. There was also calculated the impulse-response function and forecast error variance decomposition to analyze the transmission of variations in the international prices over Brazilian prices. An exogeneity test was also carried out so as to check whether the variables respond to short term deviations from equilibrium values. Results validated the Law of the One Price in the long run. In line with many studies, this paper showed that Brazil and Argentina can be seen as price takers as long as the speed of their adjustment to shocks is faster than in the United States, the latter being a price maker.

United States Strategic Interests in Latin America: An Assessment

1997 ◽  
Vol 39 (1) ◽  
pp. 45-57 ◽  
Author(s):  
Albert R. Coll
Keyword(s):  
United States ◽  
Latin America ◽  
The United States ◽  
Second World War ◽  
Economic Prosperity ◽  
World War ◽  
Long Run ◽  
The Us ◽  
Areas Of Concern ◽  
Second World

As of 1997, the United States faces an unprecedented degree of security, stability, and economic prosperity in its relations with Latin America. Never before have US strategic interests in Latin America been as well-protected or have its prospects seemed, at least on the surface, so promising. Yet while the US strategic interests are in better shape — militarily, politically, and economically — this decade than at any time since the end of the Second World War, some problems remain. Over the long run, there is also the risk that old problems, which today seem to have ebbed away, will return. Thus, the positive tone of any contemporary assessment must be tempered with an awareness of remaining areas of concern as well as of possible future crises.

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