scholarly journals Impact of reverse globalization on the competition in EU digital markets

Industrija ◽  
2021 ◽  
Vol 49 (2) ◽  
pp. 7-24
Author(s):  
Snežana Radukić ◽  
Andrija Popović

This paper aims to analyze the relationship between reverse globalization, the digital markets, and competition policy within the EU. Based on the review of contemporary literature, this paper provides an insight into the EU adaptation to the changes caused by the COVID-19 pandemic. Reverse globalization is identified through the trends in the international trade and FDI flows, while the digital markets' development is evaluated through the Number of individuals using the Internet to order goods and services and ECommerce sales. While this paper uses secondary data sources, it uniquely connects the identified reverse globalization and digital markets expansion with necessary changes in the competition policy pre and during the COVID19 pandemic. Additionally, this paper provides policymakers and business owners with relevant information and possible avenues to improve the competition policy and business strategy.

2021 ◽  
Vol 20 (2) ◽  
pp. 78-88
Author(s):  
Noel Beale ◽  
Paschalis Lois

The Trade and Cooperation Agreement broadly sets out the nature of the relationship contemplated between UK and EU competition law and policy following Brexit. The question is whether the UK will capitalize on its newfound discretion to deviate its competition policy from the EU in the future. This article considers some of the potential new directions that might be taken within the UK's competition law landscape, specifically in relation to merger control, antitrust and subsidy control. It explores some of the problems and opportunities created in the wake of Brexit, as well as the legal and practical ramifications of future divergences between UK and EU competition policy. Furthermore, it considers how the Competition and Markets Authority may fare in enforcing new policy, as well as its potential interactions with regimes both within and outside the EU.


2019 ◽  
Vol 7 (1) ◽  
pp. 131
Author(s):  
Ni Wayan Ririn Putri Darmayanti ◽  
Luh Putu Kerti Pujani

This research was conducted to determine the effect of Mount Agung eruption on the production of sculpture in Sebatu Village, Tegallalang District, Gianyar Regency. The types of data and sources of data used are qualitative, primary and secondary data. Data collection is conducted by observation, in-depth interviews and documentation. Analysis of the data used was qualitative data analysis to seek the relationship between the influence of the Mount Agung eruption on the qaunitity of sculpture production and the distribution network of sculpture crafts in Sebatu Village. The results of this study indicate that sculpture crafts produced in Sebatu Village are a type of contemporary sculpture that is dominated by animal statues. The production capacity of sculpture crafts in Sebatu village after the eruption of Mount Agung has increased, contrary to when the eruption occurred tourists could not come directly to order sculpture and their production capacity had declined. The working system of sculpture craftsmen has started to run normally with increasing production capacity. The distribution network of sculpture crafts in Sebatu Village can be distributed in five ways through distribution to the Sukawati art market, Balinese souvenirs, shipping by sea, shipping via cargo and distribution to the villa. From the conclusion, the Gianyar Regency Government should provide capital support for the sculpture industry, especially in Sebatu Village, Tegallalang District.There is a need to increase capital for handicraft business owners by providing financial or credit assistance for sculpture.Thus, there will be many entrepreneurs who are growing and increasing their production.   Keywords: Statue Craft, Mount Agung Eruption, and Distribution Network.


2016 ◽  
Vol 24 (2) ◽  
pp. 209-224 ◽  
Author(s):  
Luna Vives

The fight against unwanted sea migration in Southern Europe has triggered the territorial redefinition of European Union (EU) borders and transformed the relationship between sending and receiving countries in the region. This paper focuses on the strategies that the EU and Spain adopted to seal the maritime border around the Canary Islands between 2005 and 2010. According to the primary and secondary data used here, the closure of the Atlantic route that happened in this period was the result of the combination of defensive and preventative measures along and beyond this section of the EU border. Initiatives aimed at promoting economic development, creating jobs at origin, and temporary migration programs paved the way for cooperation among governments, thus making possible the deployment of military resources along the border, the return/deportation of unwanted EU-bound migrants, and the externalization of migration control responsibilities. Cooperation and the mixture of proactive and reactive initiatives seen in this case study are likely to become the hallmark of a new kind of global anti-immigration border that extends beyond the territory of the state.


2020 ◽  
Vol 58 (4) ◽  
pp. 479-500
Author(s):  
Svetlana Sokolov Mladenović ◽  
Igor Mladenović ◽  
Marija Petrović Ranđelović

Abstract The main purpose of this paper is to investigate the relationship between the emerging markets and retail internationalization, with a special focus on the markets of Brazil, Russia, India and China, also known as BRIC countries. The paper relies on the fact that the emerging markets, especially the markets of BRIC countries, have recently attracted an increasing attention of the scientific and professional community, as well as international retail companies. After the economic crisis in 2008, the internationalization of retail, as a key business strategy, is changing its direction and form, in order to focus on the emerging markets. Based on the available secondary data sources considering the operations of the largest international retail companies and the attractiveness of the emerging market from 2014 to 2018, we test the hypotheses set in this research. One of the key hypotheses is that a certain number of international retail companies present on the BRIC country market is determined by its ranking on the list of the most attractive markets. We test this hypothesis by constructing a simple regression model for each country individually. Another key hypothesis is that the ranking of a BRIC country on the list of the most attractive markets is the result of various factors. We test this hypothesis using the method of descriptive statistics for each country individually. The obtained research results have economic validity and they fill a scientific niche in the research of the relationship between the attractiveness of the BRIC market and the internationalization of retail. In addition, the obtained results represent the basis for further research of this issue, given the large-scale changes caused by the global coronavirus pandemic.


2019 ◽  
Vol 7 (3) ◽  
pp. 19-29
Author(s):  
Michelle Egan

This article focuses on the European single market, which has been one of the central issues in terms of the impacts of Britain’s withdrawal from the EU. As the aim of the single market project is to open the internal borders of the EU to the free movement of goods, services, capital, and labor to create cross-jurisdictional markets, the economic and political effects of Brexit will be widespread, if not yet fully understood, outside the British polity. The article looks at the current state of the single market, then highlights the impact of British withdrawal on economic governance, focusing on different market freedoms, given the degree of trade interdependence and integrated supply chains that have evolved in response to changes in goods and services. One of the lessons from Brexit negotiations is the importance of distinguishing between different single market(s) when assessing the impact of British ‘exit’ on member states. The concluding section focuses on the political safeguards of market integration to manage the relationship between the UK and EU, to illustrate how judicial, market, and institutional safeguards create options and constraints in mitigating the effects of ‘exit’.


Author(s):  
Chu Ba Quyet ◽  
Hoang Cao Cuong

Electronic retailing is the process of selling the goods and services through electronic media, particularly the internet. Nowadays, electronic retail sales are increasing. There are some ideas for that electronic retail sales growth will impact negatively to traditional retail sales. By analyzing the relationship between of electronic retail sales and traditional retail sale at the time 2000 – 2017 in the US, the purpose of this paper explains the nature of this impact. The results indicate that traditional retail sales have increased low during 2000 -2017 while electronic retail sales have increased higher. In nearest prospect, when both electronic retail sales shares and the growth speed of electronic retail sales reach to the larger amount and size, perhaps traditional retail sales will be negative growth. Used data are secondary data, using Microsoft excel 2010 for tabulating and graphing.


2020 ◽  
Vol 2 (2) ◽  
pp. 302-321
Author(s):  
Maheshwor Neupane

This article is about the relationship between Foreign Direct Investment(FDI) and Gross Domestic Product (GDP). It explores the FDI’s linkage with the national income. The data for the study comprised different factors that have a direct linkage with the national economy and its impact. This article is based on the FDI in various sectors in terms of the number of projects, employment created, and the amount invested. It is based on secondary data. The study revealed that FDI sometimes has an independent influence on the economy of the country. A fresh finding of this article is that the contribution of FDI in capital formation and employment is not significant in the Nepalese economy, eventually making less contribution to the GDP of the Nepalese economy. It also revealed that FDI comprises new technologies, management techniques, finance and market access for the production and movement of goods and services. So, Nepal should adopt policies to attract more FDI and implement accordingly.


2016 ◽  
Vol 7 (4) ◽  
pp. 551 ◽  
Author(s):  
Eva Lajtkepová

Indebtedness is undoubtedly one of the most significant economic problems in the countries of the EU. Despite the fact that the EU-28 have adopted criteria and measures that should regulate indebtedness, the majority of member states are not keeping up to these previously agreed rules. For many countries indebtedness has become a barrier to further development. The article’s aim is to provide an overview of the indebtedness of EU member states and to explore whether this indebtedness is linked to or even dependent on selected economic characteristics (GDP, unemployment rate and social benefits paid as a share of GDP). Data from the EU-28 countries, the Eurozone and the countries outside the Eurozone will be studied separately on the assumption that there will be differences between the countries in the Eurozone and those outside it. In the investigation of the issue only secondary data from the official statistics can be used. All the data are taken from Eurostat and then processed using the standard methods of descriptive statistics and correlation analysis. The analysis carried out showed that the average indebtedness of the EU-28 countries is higher than set by the EU criteria, and at the same time confirmed that there is a difference in debt levels between countries within and outside the Eurozone. The Eurozone countries show indebtedness that is overall higher than in countries outside the Eurozone, while at the same time they show a moderately strong linear dependence both between indebtedness and unemployment rates and between indebtedness and payments of social benefits. In the countries outside the Eurozone it was shown that while the relationship between indebtedness and the unemployment rate was weak that between indebtedness and the payment of social benefits was relatively strong.


2008 ◽  
Vol 50 (4) ◽  
pp. 189-206 ◽  
Author(s):  
Peter Yeoh

PurposeThe purpose of this paper is to evaluate the continued viability of the European Union emissions trading scheme (EU ETS) as a tool for climate control in the face of continued criticisms.Design/methodology/approachThis evaluative study makes use of connected existing studies and other secondary data from economics, management, politics and law.FindingsThe study found that though there were various flaws in the scheme in its initial launching phase, the insights gained are being applied in the second and subsequent phase of the EU ETS. It is also ascertained that despite initial doubts, a market for carbon finance is successfully established in the EU albeit with various limitations. The scheme is also poised to link with other regional schemes to address climate control.Research limitations/implicationsThough the study relied primarily on secondary data, the findings were sufficiently triangulated with perspectives from economics, politics, management and law. The findings would also provide useful and relevant information to those engage in the theory and practice of carbon finance.Originality/valueThis paper updates on the legal and economic significance of the EU ETS as a market mechanism to address climate change.


2018 ◽  
Vol 13 (Number 2) ◽  
pp. 1-11
Author(s):  
Muhammad Zulqarnain Arshad ◽  
Darwina Arshad

The small and medium-sized enterprises (SMEs) play a crucial part in county’s economic growth and a key contributor in country’s GDP. In Pakistan SMEs hold about 90 percent of the total businesses. The performance of SMEs depends upon many factors. The main aim for the research is to examine the relationship between Innovation Capability, Absorptive Capacity and Performance of SMEs in Pakistan. This conceptual paper also extends to the vague revelation on Business Strategy in which act as a moderator between Innovation Capability, Absorptive Capacity and SMEs Performance. Conclusively, this study proposes a new research directions and hypotheses development to examine the relationship among the variables in Pakistan’s SMEs context.


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