Influence of the global environment on capital flows in the London Office market

PurposeThe London office market is a major destination of international real estate capital and arguably the epicentre of international real estate investment over the past decade. However, the increase in global uncertainties in recent years due to socio-economic and political trends highlights the need for more insights into the behaviour of international real estate capital flows. The purpose of this study is to evaluate the influence of the global and domestic environment on international real estate investment activities within the London office market over the period 2007–2017.Design/methodology/approachThis study adopts an auto-regressive distributed lag approach using the real capital analytics (RCA) international real estate investment data. The RCA data analyses quarterly cross-border investment transactions within the central London office market for the period 2007–2017.FindingsThe study provides insights on the critical differences in the influence of the domestic and global environment on cross-border investment activities in this office market, specifically highlighting the significance of the influence of the global environment in the long run. In the short run, the influence of factors reflective of both the domestic and international environment are important indicating that international capital flows into the London office market is contextualised by the interaction of different factors.Originality/valueThe authors provide a holistic study of the influence of both the domestic and international environment on cross-border investment activities in the London office market, providing more insights on the behaviour of global real estate capital flows.

Study on the evolving role of the People’s Republic of China in resolving the conflict in the Islamic Republic of Afghanistan

The age-old struggle for influence in Asia, intensified in recent decades, has gained a new player in the form of dynamic China, one of the leaders of world politics and the economy of today. The authors draw on the opinions of foreign and domestic experts to determine the reasons for the involvement and role of the People’s Republic of China (PRC) in resolving the conflict in the Islamic Republic of Afghanistan (IRA) and to link these activities to China’s renewed strategy in the Middle East as a whole. The research done by the authors over the last six months has developed rapidly in recent weeks and even days, indicating that geopolitical turbulence is developing in recent times.The article classifies the full range of the People’s Republic of China interests in the Islamic Republic of Afghanistan and identifies the factors that influence the formation of China’s system of interests in Afghanistan, including factors in the international environment. The consequences of the pandemic and China’s new opportunities to use soft power to advance its interests have been identified. The People’s Republic of China’s strategy in the region has been defined and attention has been paid to security issues.Beijing’s envisaged steps to promote its projects in the region have been presented.

Business Education in Japan

In Japan, the most prominent players in business education are corporations because they provide on-the-job training to their employees, particularly new graduates. However, with the low growth of the Japanese economy after the collapse of the bubble economy around 1990 and the recent drastic changes in the international environment, it is necessary to reexamine business education. To cope with the drastically changing environment, many Japanese companies are evolving their education model to emphasize off-the-job training in addition to on-the-job training. The main target of such training now includes senior executives, in addition to junior- to mid-level executives. Business schools play a role in educating senior executives. Although major Japanese companies utilize top business schools overseas, Japanese business schools are still the major education providers. This chapter discusses the recent changes, prospects, and issues concerning Japanese business schools.

VIRTUAL WATER POTENTIAL OF SELECTED COMMODITIES IN CO-OPERATION OF THE SLOVAK REPUBLIC WITH COUNTRIES OF THE WESTERN BALKANS

Our paper rests on two fundamentals: firstly, the EU's initiative to deepen cooperation with and the prospect of its enlargement to the Western Balkans region; and, secondly, the urgency to address sustainable development issues in the international environment. As the virtual water perspective represents an innovative approach in the field of sustainable development, the aim of our paper is to analyse trade-related characteristics based on the water footprint concept (complementary to the alternative RCA/RTA indexes designed to calculate a country's comparative advantage or disadvantage). In our paper, we analyse and evaluate selected commodities traded by the Slovak Republic and the Western Balkans countries in terms of the absolute/comparative advantage related to the national water footprints.

Third Neighbor Policy Concept in Mongolia’s Geopolitics

Since the 1900s when Mongolia fought for its independence, it was looking for an ally or a supporter on which it could rely on. One of the options was third neighbor. During the dramatic times Mongolia tried to approach Japan, as the closest possible country to have relation, and the U.S. as a country somehow caught its attention, to establish, if not diplomatic, at least trade relation. Third neighbor policy is unique, as it is associated only with Mongolia due to its unique geographic location. Looking for third neighbor, it is important for Mongolia to maintain balance between two big neighbors, and to have relationship with other developed countries. But the U.S. saw Mongolia not only as a young and a good example of democracy, and strategic partner, but also possible “ally” which lies between Russia and China. Third neighbor policy is not just an ordinary policy in foreign policy; it is a concept which is important for Mongolia, for a country which is sandwiched between two big nuclear Powers. With changing international environment Mongolia’s strategic importance never left behind. Here will be discussed that Mongolia’s third neighbor policy cannot be limited just with foreign policy or relationships with other countries. But it could have broader meaning from geo-strategic perspective, depending from international politics. I am arguing that third neighbor policy is more than just a foreign policy, it is a concept.

Bezpieczeństwo ekonomiczne Republiki Białoruś w dobie kryzysu polityczno-gospodarczego lat 2020-połowa 2021

Republic of Belarus begins the third decade of the 21st century with numerous problems, which include the unstable socio-political situation, broken dialogue and relations with the international environment, and Western sanctions. All these factors have caused a lot of turbulence in the Belarusian economy. This article is an attempt to examine the economic security of Belarus in the period of the depletion of the current economic model, the reduction of Russian energy subsidies, the Covid-19 pandemic and the political crisis resulting from the rigged presidential elections in August 2020. Data from the Belarusian Bielstat database, the National Bank of the Republic of Belarus, the World Bank, the International Monetary Fund, and rating agencies will be used as source materials.

From Mao Zedong to Xi Jinping: China towards a New Era

China is a large socialist developing country, and the CPC is the core force chosen by the Chinese people to lead it. Mao Zedong was the creator of the Communist Party of China and the People's Republic of China. He led the Chinese people to complete the cause of liberation, carried out socialist construction and began to march toward modernization, forming the great Mao Zedong Thought. Xi Jinping inherited Mao Zedong Thought. He put forward the strategic vision of realizing the Chinese Dream, the great rejuvenation of the Chinese nation. In the new international environment and under the new historical conditions, Xi Jinping has formed a series of highly relevant and continuous theoretical thoughts. His theoretical thoughts have become the guiding ideology for China to become prosperous and strong and make greater global contributions. This paper Outlines the historical process of China from Mao Zedong to Xi Jinping and discusses Xi Jinping's main theoretical ideas.

Directions for Using Historical and Pedagogical Experience to Improve Language Learning in a Post-Pandemic Society

In the present times of globalization, the issues of a high level of proficiency in foreign languages are especially relevant in the context of the significant need for specialists capable of working in an international environment. Foreign language proficiency is a significant condition for establishing and maintaining international business contacts, intensifying professional interaction with foreign colleagues. According to the Bologna Convention, knowledge of foreign languages is an important component of today's mobility of students, teachers and scientists in the context of access to education, innovative research and teaching opportunities in the postmodern European space. All these factors justify the economic value of a knowledge of foreign languages and become one of the key components of the professional competence of future specialists in the postmodern space. Competitiveness of specialists is directly dependent on on the ability to process professional foreign literature, as well as on the usefulness of the ability to listen to lecture material and reports in a foreign language during conferences, round tables and seminars; from the ability to take part in an idiosyncratic conversation on professional and business topics; as well as the ability to search for new information on the Internet or in theoretical scientific sources of the world level; from the ability to prepare and conduct a presentation on a selected topic in postmodern society.