Embodied carbon emissions of foreign trade under the global financial crisis: A case study of Jiangsu province, China

2015 ◽  
Vol 7 (4) ◽  
pp. 043110 ◽  
Author(s):  
Changyan Wu ◽  
Xianjin Huang ◽  
Hong Yang ◽  
Qinli Lu ◽  
Guoliang Xu ◽  
...  
2017 ◽  
Vol 9 (8) ◽  
pp. 239
Author(s):  
Ayman Abdal-Majeed Ahmad Al-Smadi ◽  
Mahmoud Khalid Almsafir ◽  
Muzamri Bin Mukthar

The financial tools all over the world become extremely decisive in these days. The main goal of this paper is to measure then to discuss the impact of performance of conventional and Islamic banking in Turkey during the financial crisis. some variables such as profitability, liquidity, operational efficiency and business growth are used as a measuring factor to determine the performance for both financial models. The period of study is taken during the financial crisis in 1997 and during the global financial crisis in 2007. The comparison in this study is made between the performances of Islamic banking  and conventional banking in Turkey.Some secondary data had examines in this study which was drown from the annual report from one of Turkey bank since 2002 until 2013. SPSS (Statistical Package for the Social Sciences) “18.0” has been used to compare between Islamic finance model and other model. The findings of this paper shows that Islamic financial system is performing superior than conventional financial system for the period of this study. Hence, it can be concluded that the system of Islamic banking is able to sustain and compete with the conventional banking system especially during any financial crisis.


2017 ◽  
Vol 26 (1) ◽  
pp. 49 ◽  
Author(s):  
Kinga Pétervári

This article is a case study, providing a possible interpretation of the current Hungarian financial-legal culture.How to apply those terms and conditions in long-term loan agreements in financial crisis, which are favourable or seemingly irrelevant in good times but turn out to be disadvantageous, sometimes even disastrous in bad times. How to calculate and allocate risks, what is acceptable and what is foreseeable to laymen? The focus here is on the laymen attitudes towards long-term contractual obligations and performances in the global financial crisis: whether debtors’ contractual obligations must be fulfilled, what should be construed as an excuse for non-performance, whether there should be measures designed to protect the debtors more, if yes, at whose expense – the creditors (rather preventive measures) or the taxpayers (rather restitutive measures) –, if no, how to allocate ideally the risks and liabilities, is profit-making an evil per se, that needs to be managed?


2011 ◽  
Vol 7 (3) ◽  
pp. 65-78
Author(s):  
Monal Abdel-Baki

Among the triggers of the Arab Spring are the declining living standards of the middle and lower income groups. Undoubtedly, the global financial crisis (GFC) is to be partially blamed for weakening the economies of these nations. But was monetary policy ineffective in combating inflation and reducing the meltdown? This paper employs a dynamic stochastic general equilibrium model to assess the effectiveness of the monetary policy in the wake of the GFC. Egypt is selected as a case study due to its overdependence on imported food, the prices of which are relentlessly soaring. The results of the study reveal that the ideal operating targets for the Central Bank of Egypt are the overnight rate and legal reserve requirements. Interest rates are more suitable for long-run impact on the ultimate goals of growth, price stability and job creation. The study culminates in designing a framework to enhance central bankers’ political independence and transparency, which is imperative for nations with high levels of corruption. The study is not only informative to the new Egyptian policymakers, but also to other developing and emerging economies that suffer from symptoms of chronic inflation and looming socio-political turmoil.


Author(s):  
Zhong Han ◽  
Wenkai Wu ◽  
Yan Sun ◽  
Yun Shi ◽  
◽  
...  

Under the new mode of labor division for global production, the method of calculating a country’s energy consumption and carbon emissions is based on a “production side” principle that disregards the embodied energy and carbon emissions caused by international trade. This method is unfair to China and other large, exporting countries. From the perspective of value-added trade, the multiregional input–output model based on the world input–output table and environmental account from the World Input–Output Database are used to measure the scale of China’s value-added trade; subsequently, the import and export net values of China’s foreigntraderelated embodied energy and carbon emissions are calculated. The results show that: (1) China’s value-added exports in 2009 amounted to US $1,045.37 billion, which constitutes 21% of China’s Gross Domestic Product (GDP) in that year. Nearly half of the value-added exports are to fulfill the final demand from North America and European Union countries; manufacturing and service are the main value-added export industries of China. (2) China has a relatively high unit coefficient for value-added energy consumption and carbon emissions, both representing a net export of embodied energy and embodied carbon emissions in foreign trade. In this regard, energy and mid-level technology manufacturing industries, such as coke, refined oil, and nuclear fuel processing, are the main exporters of embodied energy and embodied carbon.


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