scholarly journals The research related to the perspectives of the execution of international commercial contracts through the prism of technological progress

2021 ◽  
Author(s):  
Virginia Zaharia ◽  
◽  
Angela Cibuc ◽  
Keyword(s):  
International Trade ◽  
Virtual Environment ◽  
Human Activity ◽  
Virtual World ◽  
Technological Progress ◽  
World Economy ◽  
New Technologies ◽  
Trade Relations ◽  
Technological Advances ◽  
The World

Technological advances and the computerization of society rapidly contribute to the change of all spheres of human activity, currently international trade relations have a majority impact on the world economy, their development is taking place at a particularly accelerated pace, which generates certain gaps in terms of legislation in this area. Of particular importance in the development of this sphere was the electronic means of communication, becoming quite popular in recent decades, and the conduct of trade reports through them were no exception. Under the current conditions, as a fundamental legal instrument in private law, the contract could not develop separately from the new technologies imposed by the evolution of society towards the virtual world and in an attempt to adapt to the virtual environment; the contract took the electronic form.

scholarly journals Cyclic component of world trade development

2020 ◽  
Vol 10 (20) ◽  
pp. 62-70
Author(s):  
Natalia Balabanova ◽  
Keyword(s):  
International Trade ◽  
World Trade ◽  
World Economy ◽  
Structural Changes ◽  
New Technologies ◽  
Average Rate ◽  
Aggregate Demand ◽  
Cyclical Fluctuations ◽  
The World ◽  
National Economies

The paper examines the cyclical and structural changes in world trade that affect its development and dynamics. It is determined that each of the stages of development of international trade is characterized by certain factors and development trends; features that reflect the level of internationalization of production and the role of international trade in the development of national economies; priority methods of regulating foreign trade by most countries. The study of the dynamics of world trade since 1800, taking into account its general upward trend, has identified a certain cycle of its development, which at different times was caused by changes in the structure of productive forces, development of new technologies, actions and factors of political and military nature. The fluctuations obtained as a result of the study have different durations and reach the lowest points of fall and the highest points of growth of world trade at different intervals. The most stable in terms of frequency and amplitude of fluctuations in world trade are the periods from mid-1850 to the First World War and 1950-1974. The most critical is the period 1915-1938, for which cyclical fluctuations in world exports are characterized by the highest amplitude. Also, statistical analysis of the data allows to determine the cyclical development of the world economy and its synchronicity with the cyclical fluctuations of world trade with the definition of certain cycles equal to 15-18 years. The current stage is characterized by a slowdown in world export growth. In 2009, the decline in economic activity was the largest among all global recessions. The data show that trade is not even keeping pace with world production growth, and over the past eleven years its average rate has been 2.2% (with the exception of strong surges in 2010-2011) against 3.07% of world GDP growth. The lack of trade dynamism in the last ten years is explained by the weakness of aggregate demand, especially in the euro area. The slowdown in world trade is also linked to the completion of the integration of China and Central and Eastern Europe into the world trading system. The third explanation is the increasing appeal of countries around the world to protectionist measures in international trade in order to stabilize national economies. Many countries have temporarily abandoned normal trade conditions and opted for a more restrained format of mutual trade with other countries. Determining the prospects for the development of the world economy and international trade, WTO experts provide a range of forecast forecasts for 2020 - from 5% to 11% and from 8% to 20.4%, respectively.

Upheaval in the distribution of power in the world economy: Problems and outlook of the world economy to 2050

2017 ◽  
pp. 114-127 ◽  
Author(s):  
V. Klinov
Keyword(s):  
Economic Policy ◽  
International Trade ◽  
World Economy ◽  
Emerging Market ◽  
Detailed Review ◽  
Depressed State ◽  
Industry Output ◽  
The World ◽  
Distribution Of Power ◽  
The Eu

Causes of upheaval in the distribution of power among large advanced and emerging market economies in the XXI century, especially in industry output and international trade, are a topic of the paper. Problems of employment, financialization and income distribution inequality as consequences of globalization are identified as the most important. Causes of the depressed state of the EU and the eurozone are presented in a detailed review. In this content, PwC forecast of changes in the world economy by 2050, to the author’s view, optimistically provides for wise and diligent economic policy.

COMPREHENSIVE AND PROGRESSIVE AGREEMENT FOR TRANS – PACIFIC PARTNERSHIP (TPP – 11): PAST, PRESENT AND FUTURE?

2019 ◽  
pp. 5-18
Author(s):  
Vladimir Yu. Salamatov ◽  
Nataliia M. Galkina
Keyword(s):  
World Economy ◽  
Bilateral Trade ◽  
Trade Agreements ◽  
Regional Trade Agreements ◽  
Regional Trade ◽  
Trade Relations ◽  
Global Trend ◽  
The World ◽  
The Common ◽  
Partnership Agreement

The article considers the global trend towards regional trade agreements (RTA). The authors note that in addition to the common bilateral RTAs, countries conclude multilateral regional trade agreements. In particular, the article examines changes in the world economy, which occur under the influence of the mega-regional trade agreements (MRTA) formation. An example of the MRTA is the Trans-Pacific Partnership Agreement (TPP) and its possible impact onRussiais discussed in the present article. The authors discuss the stages of TPP development, its goals, provisions, innovations and prospects. The article analyses an example of a country’s withdrawal from an agreement, its’ consequences and possible impact on the country itself and other signatory countries to the agreement. The article points out the differences between TPP and TPP-11. Inparticular, the article discusses the possible impact of the TPP-11 onRussia. Trade relations betweenRussiaand TPP-11 signatory countries are considered, and key markets among TPP-11 countries are identified. The article highlights the importance ofRussia's rapid response to the possible consequences of the TPP-11, including the possible conclusion of bilateral trade agreements between the EAEU, whereRussiais a member, and potential partners from TPP-11 countries.

scholarly journals Robots as intelligent assistants to face COVID-19 pandemic

2020 ◽  
Author(s):  
Valeria Seidita ◽  
Francesco Lanza ◽  
Arianna Pipitone ◽  
Antonio Chella
Keyword(s):  
Technological Progress ◽  
World Economy ◽  
The State ◽  
Research Groups ◽  
Negative Effects ◽  
The World ◽  
Intelligent Assistants

Abstract Motivation The epidemic at the beginning of this year, due to a new virus in the coronavirus family, is causing many deaths and is bringing the world economy to its knees. Moreover, situations of this kind are historically cyclical. The symptoms and treatment of infected patients are, for better or worse even for new viruses, always the same: more or less severe flu symptoms, isolation and full hygiene. By now man has learned how to manage epidemic situations, but deaths and negative effects continue to occur. What about technology? What effect has the actual technological progress we have achieved? In this review, we wonder about the role of robotics in the fight against COVID. It presents the analysis of scientific articles, industrial initiatives and project calls for applications from March to now highlighting how much robotics was ready to face this situation, what is expected from robots and what remains to do. Results The analysis was made by focusing on what research groups offer as a means of support for therapies and prevention actions. We then reported some remarks on what we think is the state of maturity of robotics in dealing with situations like COVID-19.

POSSIBILITIES OF REALIZATION OF SERVICE SECTOR POTENTIAL IN THE GLOBAL ECONOMY

2021 ◽  
Author(s):  
Oksana Melnichuk
Keyword(s):  
International Trade ◽  
Gross Domestic Product ◽  
Global Economy ◽  
World Economy ◽  
Service Sector ◽  
Developing Economies ◽  
Domestic Product ◽  
Trade In Services ◽  
Services Sector ◽  
The World

The relevance of the study is due to the growing role of services in the world economy. Trade in services has become the dominant driver of economic growth and development in both developed and developing economies. Since the 1980s, data suggest that there is a stronger relationship between trade in services and gross domestic product (GDP) than in the case of commodity growth and GDP. It is noted that the quality of policies, regulations and institutional frameworks is a key factor in determining the effectiveness of services. As services are increasingly subject to liberalization through multilateral and regional trade agreements, it is important that countries develop harmonized approaches to internal regulation and trade liberalization in the services sector. The article identifies the features and characteristics of the service sector as a factor of multifaceted development and growth. The dynamics of international trade in services by geographical structure and types of development of countries is studied on the basis of statistical data of international organizations, taking into account the impact of the pandemic. It is noted that international trade in services is becoming an increasingly important part of global commerce. The problematic aspects of the activity of small business entities to enter foreign markets of services are considered. The issue of urgency of digital economy development for the sphere of services and contribution to world markets is outlined. Opening up the services sector has the potential to bring great benefits and deserves more attention. Further prospects for the realization of entrepreneurial potential in a comprehensive global economy are outlined. It is noted that services are an important part of the world economy, generating more than two-thirds of world gross domestic product (GDP), attracting more than three-quarters of foreign direct investment in developed economies, and creating most of new jobs worldwide. Establishing effective coordination mechanisms between trade negotiators, policymakers and regulators will be an important tool for the development of the global economy.

scholarly journals Trade Agreements, Competition, and the Environment: Gridlock at the Crossroads

1994 ◽  
Vol 26 (1) ◽  
pp. 97-107 ◽  
Author(s):  
James L. Seale ◽  
Gary F. Fairchild
Keyword(s):  
International Trade ◽  
Natural Resources ◽  
World Economy ◽  
Uruguay Round ◽  
Task Force ◽  
Trade Agreements ◽  
Southern Region ◽  
Agricultural Commodities ◽  
Trade And The Environment ◽  
The World

In the 1980s, few agricultural economists, particularly from the Southern Region, published works on international trade or the globalization of the world economy. The initiation of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) in 1986 stimulated such writings as the Southern Agriculture in a World Economy series by the Southern Region Extension International Trade Task Force (Rosson et al.). An even smaller number of agricultural economists were writing on policy linkages between trade and the environment. An early effort to remedy this situation was the Workshop on Linkages between Natural Resources and International Trade in Agricultural Commodities (Sutton).

scholarly journals Logística e comércio internacional da fruticultura no estado de Minas Gerais - Brasil

2019 ◽  
pp. 28-53
Author(s):  
Igor Martins Oliveira ◽  
Luiz Andrei Gonçalves Pereira
Keyword(s):  
International Trade ◽  
World Economy ◽  
International Markets ◽  
Minas Gerais ◽  
Trade Flows ◽  
The Road ◽  
Goods And Services ◽  
The World ◽  
Import And Export ◽  
Transport Logistics

Na era globalização, a economia mundial tem vivenciado um processo de reestruturação produtiva, intensificando os fluxos nos territórios inerentes às interações espaciais de recursos, de bens e de serviços que circulam entre os mercados nacionais e internacionais. O objetivo deste trabalho é analisar as dinâmicas socioespaciais dos fluxos de comércio internacional do estado de Minas Gerais por meio da logística das redes de importações e de exportações de frutas, no período de 2000 a 2017. Como resultado, identificou-se que, no mercado externo de frutas, Minas Gerais se relaciona comercialmente com 88 países, sendo 52 nas redes de exportação e 36 na rede de importação. Na operacionalização dos fluxos no comércio global, a logística de transportes foi realizada através dos modais rodoviário, marítimo e aéreo, configurando-se como um elemento geográfico, visto que as transações comerciais demandam o gerenciamento da fluidez, do planejamento e da organização dos diferentes territórios.PALAVRAS-CHAVE: Logística, Comércio Internacional, Fruticultura. ABSTRACTIn the era of globalization, the world economy has undergone a process of productive restructuring, intensifying flows in the territories inherent to the spatial interactions of resources, goods and services that circulate between national and international markets. The objective of this work is to analyze the sociospatial dynamics of the international trade flows of the state of Minas Gerais through the logistics of import and export fruit networks, from 2000 to 2017. As a result, it was identified that in the market Minas Gerais has a commercial relationship with 88 countries, 52 in export networks and 36 in the import network. In the operationalization of flows in global trade, transport logistics was carried out through the road, sea and air modalities, being configured as a geographic element, since commercial transactions demand the management of the fluidity, planning and organization of the different territories.KEYWORDS: Logistic, International Trade, Fruticulture.

scholarly journals International Trade in Goods and Services: Aspects of Monetary and Financial Relations

2020 ◽  
Vol 19 (4) ◽  
pp. 40-49
Author(s):  
E.V. Potekhina ◽  
◽  
A.D. Efremova ◽  
Keyword(s):  
International Trade ◽  
Exchange Rate ◽  
World Economy ◽  
International Division ◽  
Goods And Services ◽  
Number Of Factors ◽  
The World ◽  
The Russian Federation ◽  
National Economies

the article examines such topical problems of the world economy as the peculiarities of interaction between the subjects of the world economy, international trade, international monetary and financial relations, the role of the exchange rate for national economies. The issues of the national economy of the Russian Federation and the degree of the country’s participation in the international division of labor and its openness are considered. In this paper, using the example of Russia, the export of goods and services is analyzed, its relationship with a number of factors (exchange rate and oil price), where the main tools are methods of statistical and econometric analysis.

Critical Analysis of the World Economy and Deglobalization Processes in Times of Pandemic

2021 ◽  
pp. 1-22
Author(s):  
José G. Vargas-Hernández
Keyword(s):  
Environmental Sustainability ◽  
World Economy ◽  
Financial Integration ◽  
Economic Agents ◽  
Political Actors ◽  
Trade Relations ◽  
Human Needs ◽  
The World ◽  
History Of ◽  
Complex Phenomena

This chapter aims to critically analyze both the world economy and the deglobalization processes under the assumption that they are the result of a dialectical evolution of economic, financial, political, and sanitary crises. This dialectical movement of the history of the globalization and deglobalization processes is always a very complex phenomena of interactions between the economic agents and political actors, leading to both progressive and regressive events of economic growth, social development, and environmental sustainability. After a period of intensive economic, trade, and financial integration in the creation of a world economy system, suddenly the economic, financial, and sanitary dysfunctionalities emerged at the interior and created a reactive deglobalization process. However, what has been at the center are the international cooperation and trade relations determined by the need to expand the possibilities of satisfying human needs, including culture.

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