scholarly journals Integrated waste management in accordance with the "ISO 31000" risk management standard and "National sustainable development strategy" in the Republic of Serbia

2020 ◽  
Vol 5 (2) ◽  
pp. 50-59
Author(s):  
Amra Garaplija
Keyword(s):  
Development Strategy ◽  
Circular Economy ◽  
Global Economy ◽  
Climate Changes ◽  
Sustainable Consumption ◽  
Developed Countries ◽  
Vulnerable Groups ◽  
Management Standard ◽  
Iso 31000 ◽  
The Republic

In today's era of globalization and all-present risks from climate changes is inevitable by change and redirection of concept of global economy. Highly developed countries such as USA, Japan, Germany and Netherlands have adopted strategies for implementation of circular economy, while others such as Great Britain, Sweden, China and Brazil are realizing transitional individual programs and projects that lead towards establishment of circular economy. Following that trend, it is without doubt that Republic of Serbia, its closer Balkan environment, is needed new version of development based on projects of "smart" cites, followed by reindustrialization and reduction of pollution, sustainable consumption based on domestic economy and strengthening of general awareness on social responsibility and need for inclusion of vulnerable groups of population.

The circular ecological economy - a beneficial environment in light of the use of natural resources in the Republic of Moldova

2020 ◽  
Author(s):  
Olesea Cojocaru ◽  
Zorina Siscan
Keyword(s):  
Natural Resources ◽  
Circular Economy ◽  
Global Economy ◽  
Green Economy ◽  
Environmental Damage ◽  
International Studies ◽  
Conventional Agriculture ◽  
Republic Of Moldova ◽  
Production And Consumption ◽  
The Republic

<p>The welfare of the Republic of Moldova much depends on the use of its natural resources. However, the pace at which the natural resources are exploited exceeds the ability of the environment to regenerate them. Land resources are the main natural wealth of the country. The conservation and increase of effective fertility of the soils becomes the basic task of the owners of agricultural lands. The methods of the conventional agriculture do not work anymore to make the sector competitive at regional and global markets. New concepts and technologies of Green and Circular economy are of more perspective. They also are more effective under the continuous unbalanced extraction of natural resources which causes environmental damage.</p><p>The case of Moldova reflects the global trends. Some international studies have shown that the global consumption of materials per capita has doubled, while the consumption of primary energy has tripled in the last hundred years. In other words, each of us consumes three times as much energy and twice as much material as our predecessors consumed in 1900. Moreover, nowadays there are 7.2 billion consumers compared to 1.6 billion in 1900.</p><p>At the same time, the requirements for quality standards in Green economy are very high and rigid as well as  “the annual financing demand to green the global economy has been estimated to be in range 1.05 USD to 2.59 USD trillion” (UNEP, 2011). That is why the Circular ecological economy is seen as more viable solution for world, regional and national economies. ”Ecological economy” generally refers to an economy in which all the choices regarding production and consumption are made taking into account the welfare of the society and the global health of the environment. ”Circular economy” implies a system of production and consumption that generates as little loss as possible.</p><p>The EU Circular economy Package and CE Stakeholder Platform are a good start for regional economy as well as that of Republic of Moldova as its Associate Member. The beneficial solution for improving the environment of the country consists in redesigning products, production and consumption processes by minimizing waste and transforming that unused part into a resource.</p>

scholarly journals The Time-Varying Effect of Asset Prices on Turkey’s Circular Economy

2021 ◽  
Vol 13 (22) ◽  
pp. 12373
Author(s):  
Mehmet Balcilar ◽  
Evrim Toren
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Stochastic Volatility ◽  
Circular Economy ◽  
Stock Prices ◽  
Sustainable Consumption ◽  
Var Model ◽  
Time Varying ◽  
Vector Autoregressive ◽  
The Republic

The study aims to examine the effects of spillovers from stock prices on consumption and interest rates in Turkey. From the circular economy viewpoint, there should be sustainable consumption to achieve sustainable development with the help of consumers and other stakeholders. A time-varying vector autoregressive (TVP-VAR) model with stochastic volatility is used in the study. The aim is to obtain dynamics that stimulate growth, development, recession or change within the Turkish economy according to the emphases on circular economy. In order to analyze the relationship between real consumption, nominal interest rate and real stock prices, the TVP-VAR model is specified as a three-variable, time-varying model. The sample data that have been gathered from the Central Bank of the Republic of Turkey cover the period between Q1 1987 and Q3 2013. Overall, this study provides significant evidence of spillovers on consumption and interest rate during financial crises in Turkey, and the implications of monetary policy. In addition, the TVP model with stochastic volatility offers remarkable results regarding the influence of price shock on consumption in Turkey. However, we do not find any significant effect from interest rate to real consumption.

scholarly journals КОМПАРАТИВНА АНАЛИЗА КОМПОНЕНТИ ОДРЖИВОГ РАЗВОЈА РЕПУБЛИКЕ СРБИЈЕ И СУСЕДНИХ ЗЕМАЉА

TEME ◽  
2017 ◽  
pp. 747 ◽  
Author(s):  
Dušan Perović ◽  
Snežana Radukić
Keyword(s):  
Sustainable Development ◽  
Development Strategy ◽  
Climate Changes ◽  
Developed Countries ◽  
Public Institutions ◽  
The Other ◽  
The Sustainable Development ◽  
Development Concept ◽  
Human Awareness

In last few decades the significance of sustainable development is recognized by many international and public institutions. Climate changes and more frequent environmental degradation have influenced human awareness that their life and business style can seriously affect the quality of the environment, and therefore the future of the whole humanity. Developed countries have recognized the importance of sustainable development concept, but on the other side, developing countries still lag behind regarding the implementation of the sustainable development concept in all segments of society. Serbia and its neighbors are still at the beginning of implementation of the sustainable development concept, but through specific indicators the implementation of the sustainable development strategy can be successfully measured.

The efficiency of the monodirectional economic policy of smaller countries during the globalization and multipolar world

2020 ◽  
Vol 16 (5) ◽  
pp. 929-949
Author(s):  
A.M. Chernysheva
Keyword(s):  
Economic Policy ◽  
Development Strategy ◽  
Systems Approach ◽  
National Development ◽  
Current Phase ◽  
Data Series ◽  
Economic Stability ◽  
The Sustainable Development ◽  
The Republic ◽  
Former Ussr

Subject. After the collapse of the USSR, smaller countries chose different paths in their economic policy during the globalization and the multipolar world. The EU, USA and Russia made a palpable contribution to the economic policy of smaller countries. Some countries of the former USSR failed to find their course, while the others immediately followed their development strategy and stuck to it persistently. Objectives. I examine the economics of the monodirectional strategy of smaller countries of the former USSR. I also evaluate how the countries found their position among different leading countries as points of attraction. The study is based on the assumption that the single direction of the national development and adherence to the same point of attraction will ensure the sustainable development. However, the economic development level depends on the health of a certain economy as a point of attraction. Methods. The study is based on the systems approach, comparative and statistical methods for analyzing macroeconomic data series. Results. I investigated the dynamics of key macroeconomic data in the Republic of Belarus, Latvia and Estonia, such as GDP per capita in current values, unemployment rate and Purchasing Power Index. Given the current phase of globalization and multipolar world, it is crucial for smaller countries to choose a development strategy to follow persistently and achieve proper macroeconomic indicators that depend on the economic stability of counties they treat as their benchmarks. Conclusions and Relevance. I should mention the successful economic policy of Estonia and Latvia, which followed the same course as the other EU countries, as opposed to the Republic of Belarus tending to the policy of the Russian Federation. Nevertheless, the monodirectional development strategy also helps smaller countries ensure their economic stability.

Social Responsibility of Authorities and Local Self-Government in Support of Integrated Development of Territories

2019 ◽  
pp. 22-27
Author(s):  
Victor Dubishchev ◽  
Olesia Hryhorieva ◽  
Iryna Makarenko
Keyword(s):  
Social Responsibility ◽  
Development Strategy ◽  
Global Economy ◽  
Competitive Advantages ◽  
Socially Responsible ◽  
Integrated Development ◽  
Responsible Behavior ◽  
Development Plans ◽  
Key Aspects ◽  
Intellectual Potential

The contemporary approaches to the development of territories are considered in the article. It is noted that the integrated European approach to the development of territories is increasingly being applied in Ukraine. The essence of integrated development, the stages of development of the Integrated Development Strategy (Concept Strategy), emphasized that understanding of the role and functions of government and local self-government in the development and implementation of integrated development of territories should be perceived not only as the current management task, but also as social responsibility to the community and society. The key aspects of socially responsible behavior of authorities and local self-government in ensuring integrated development of territories are determined. It is noted that the perception of the fulfillment of its functions as social responsibility will allow to effectively plan and implement the development plans of the territories, compete for investments and the best jobs; use the local resource of the territory to create competitive advantages of the region, provide motivation and the ability of "key players" to use competitive advantages and to cooperate effectively; create and maintain institutions that promote the use of intellectual potential, ongoing modernization and innovation in the region; to ensure the willingness and ability of key institutions to adapt to the challenges of the global economy.

A Circular Business Model for Cloud Computing Services Providers

10.31355/33 ◽  
2018 ◽  
Vol 2 ◽  
pp. 105-120
Author(s):  
Hamed Motaghi ◽  
Saeed Nosratabadi ◽  
Thabit Qasem Atobishi
Keyword(s):  
Cloud Computing ◽  
Business Model ◽  
Circular Economy ◽  
Service Providers ◽  
Sustainable Consumption ◽  
Future Research ◽  
Extensive Literature ◽  
Computing Services ◽  
Proposed Model ◽  
Cloud Computing Service

NOTE: THIS ARTICLE WAS PUBLISHED WITH THE INFORMING SCIENCE INSTITUTE. Aim/Purpose................................................................................................................................................................................................. The main objective of the current study is to develop a business model for service providers of cloud computing which is designed based on circular economy principles and can ensure the sustainable consumption. Background Even though the demand for cloud computing technology is increasing day by day in all over the world, the current the linear economy principles are incapable to ensure society development needs. To consider the benefit of the society and the vendors at the same time, the principles of circular economy can address this issue. Methodology................................................................................................................................................................................................. An extensive literature review on consumption, sustainable consumption, circular economic, business model, and cloud computing were conducted. the proposed model of Osterwalder, Pigneur and Tucci (2005) is admitted designing the circular business model. Contribution................................................................................................................................................................................................. The proposed model of the study is the contribution of this study where provides the guidelines for the cloud computing service providers to achieve both their economic profits and the society’ needs. Findings Finding reveals that if the cloud computing service providers design their business model based on the “access” principle of circular economy, they can meet their economic profits and the society’ needs at a same time. Recommendations for Practitioners.............................................................................................................................................................. It is recommended to the startup and the existing businesses to utilize the proposed model of this study to reach a sustainable development. Recommendation for Researchers................................................................................................................................................................ It proposes a new circular business model and its linkages with community building. Impact on Society............................................................................................................................................................................................ The proposed model of the study provides guidelines to the cloud computing service providers to design a business model which is able not only to meet their economic profit, but also to meet the society’s and customers’ benefits. Future Research............................................................................................................................................................................................... Future researches can build on this research model which proposed in this study to examine the limitations of this model by using empirical researches.

Australia—The Hidden Jewel

2018 ◽  
Author(s):  
Mahesh K. Joshi ◽  
J.R. Klein
Keyword(s):  
Natural Resources ◽  
Value Chain ◽  
Global Economy ◽  
Good Governance ◽  
Developing Economies ◽  
Raw Materials ◽  
Manufacturing Sector ◽  
Developed Countries ◽  
The United States ◽  
Dutch Disease

The twenty-first century is being touted as the Asian century. With its stable economy, good governance, education system, and above all the abundant natural resources, will Australia to take its place in the global economy by becoming more entrepreneurial and accelerating its rate of growth, or will it get infected with the so-called Dutch disease? It has been successful in managing trade ties with fast-developing economies like China and India as well as developed countries like the United States. It has participated in the growth of China by providing iron ore and coal. Because it is a low-risk country, it has enabled inflow of large foreign capital investments. A lot will depend on its capability and willingness to invest the capital available in entrepreneurial ventures, its ability to capture the full value chain of natural resources, and to export the finished products instead of raw materials, while building a robust manufacturing sector.

China's International Investment Strategy

2019 ◽  
Keyword(s):  
Development Strategy ◽  
Foreign Investment ◽  
Developed Countries ◽  
Investment Strategy ◽  
International Investment ◽  
Bilateral Investment Treaties ◽  
Open Door Policy ◽  
Outward Fdi ◽  
Investment Law ◽  
Investment Treaties

The phenomenal story of China’s ‘unprecedented disposition to engage the international legal order’ has been primarily told and examined by political scientists and economists. Since China adopted its ‘open door’ policy in 1978, which altered its development strategy from self-sufficiency to active participation in the world market and aimed at attracting foreign investment to fuel its economic development, the underlying policy for mobilizing inward foreign direct investment (IFDI) remains unchanged to date. With the 1997 launch of the ‘Going Global’ policy, an outward focus regarding foreign investment has been added, to circumvent trade barriers and improve the competitiveness of Chinese firms, typically its state-owned enterprises (SOEs). In order to accommodate inward and outward FDI, China’s participation in the international investment regime has underpinned its efforts to join multi-lateral investment-related legal instruments and conclude international investment agreements (IIAs). China began by selectively concluding bilateral investment treaties (BITs) with developed countries (major capital exporting states to China at that time), signing its first BIT with Sweden in 1982. Despite being a latecomer, over time China’s experience and practice with the international investment regime have allowed it to evolve towards liberalizing its IIAs regime and balancing the duties and benefits associated with IIAs. The book spans a broad spectrum of China’s contemporary international investment law and policy: domestic foreign investment law and reforms, tax policy, bilateral investment treaties, free trade agreements, G20 initiatives, the ‘One Belt One Road’ initiative, international dispute resolution, and inter-regime coordination.

scholarly journals Strategies for reducing out of pocket payments in the health system: a scoping review

2021 ◽  
Vol 19 (1) ◽  
Author(s):  
Faride Sadat Jalali ◽  
Parisa Bikineh ◽  
Sajad Delavari
Keyword(s):  
Health System ◽  
Health Systems ◽  
Scoping Review ◽  
Health Financing ◽  
Developed Countries ◽  
Vulnerable Groups ◽  
System A ◽  
Out Of Pocket Payments ◽  
Review Study ◽  
Developing And Developed Countries

Abstract Background Direct out-of-pocket payments (OOP) are among the most important financing mechanisms in many health systems, especially in developing countries, adversely affecting equality and leading vulnerable groups to poverty. Therefore, this scoping review study was conducted to identify the strategies involving OOP reduction in health systems. Methods Articles published in English on strategies related to out-of-pocket payments were Searched and retrieved in the Web of Science, Scopus, PubMed, and Embase databases between January 2000 and November 2020, following PRISMA guidelines. As a result, 3710 papers were retrieved initially, and 40 were selected for full-text assessment. Results Out of 40 papers included, 22 (55%) and 18 (45%) of the study were conducted in developing and developed countries, respectively. The strategies were divided into four categories based on health system functions: health system stewardship, creating resources, health financing mechanisms, and delivering health services.As well, developing and developed countries applied different types of strategies to reduce OOP. Conclusion The present review identified some strategies that affect the OOP payments According to the health system functions framework. Considering the importance of stewardship, creating resources, the health financing mechanisms, and delivering health services in reducing OOP, this study could help policymakers make better decisions for reducing OOP expenditures.

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