scholarly journals Current trends in economic development, management and marketing in China

Author(s):  
Galina Astratova

The modern economy of China is a phenomenon of global scale, as in a few decades the country has become a powerful power. In the context of strengthening Russian-Chinese economic relations, it is of interest to study the positive experience and forecast the prospects for further cooperation between the two countries. The article discusses some aspects of the formation and current trends in the development of Economics, management and marketing in China. In particular, a brief overview of the current state of the PRC economy; identified and described the main features of the national management; author’s position and highlighted nine main stages of evolution of the concept of marketing in China since 1978 to 2019. Some data of the survey of Chinese students regarding the most popular marketing tools in the coming years are presented.

2016 ◽  
Vol 7 (1) ◽  
pp. 23
Author(s):  
Karol Śledzik

Economic development and transformation processes have become much more intense in economic reality in the last years than they have ever been before. At this time a lot of questions were raised about the causes of the actual Global Crisis, future crises, the factors affecting the modern economy, about the essence of contemporary capitalism, demographic problems and overgrown bureaucracy. The most spectacular threat to capitalism, (based on private entrepreneurship) according to Schumpeter, stems from the high, growing and progressive taxation. Schumpeter saw clearly that the financing of public goods and services (requiring taxes, maybe even relatively high) is something other than a clerical control of the economic system that violates the natural economic mechanism. Moreover, Schumpeter says explicitly that an entrepreneur does not have to be one person, he even states that the country (state) itself, or its agenda, can act as an entrepreneur. Therefore, it can be concluded that we may have to deal with “Tax State”, which is typical for “fettered capitalism”, and with “entrepreneurial state”, which is typical for “unfettered capitalism”. The main goal of this paper is to present two different approaches to the economic development concept: Schumpeter’s “fettered” and “unfettered” capitalism in the context of “Tax State” and interventionism. The Author analyzes presented concept in contemporary issues from the banking perspective. In the paper, the Author used critical analysis as a research method. This allowed to identify gaps in the current state of knowledge and the scientific discussion focused on J.A. Schumpeter’s theoretical concept. Analysis was performed in 2015.


2020 ◽  
Vol 70 (2) ◽  
pp. 219-227
Author(s):  
А.K. Atzhan ◽  

The article is devoted to the study of methodological issues related to the current state of functioning of civil society. In this vein, the author analyzed current trends in the development of global civil society on the example of such a union of people as the institution of entrepreneurship in the context of implementing the concept of sustainable development. It is proved that the role of sustainable economic development is necessary for the health and longevity of any civil society. This requires a symbiotic relationship between the economic and social component of the functioning of civil society.


2020 ◽  
Vol 3 (49) ◽  
pp. 47-54
Author(s):  
Inna Tiutiunyk ◽  
◽  
Andrii Zolkover ◽  
Oleksii Lyulyov ◽  
Serhii Lyeonov ◽  
...  

Current trends in economic development of most countries highlight the need to improve existing tools for their economic growth and sustainable development. An important aspect in this direction is the implementation of the policy of de-shadowing of the economy. The article analyzes the current world trends in the functioning of the shadow economy, identifies the most common schemes of shadow capital withdrawal and approaches to their classification. The systematization of the existing methodical approaches to the assessment of the level of shadowing of the economy is carried out, their advantages and disadvantages are determined. The expediency of developing a unified approach to estimating the volume of shadow financial flows, which is based on taking into account the multi-channel schemes of shadow capital outflow, is substantiated.


Author(s):  
Ayten Mekhraliyeva Ayten Mekhraliyeva

The purpose of the study is to identify the importance of increasing export activity in ensuring economic development and the main conditions for increasing the country's export potential, to stimulate exports based on an assessment of the current state of export operations. Moreover, the study determines the directions for increasing the country's export potential and improving the legal framework for its use, furthermore, compile the adequate suggestions and recommendations. The report identifies the importance of export activities in the modern system of economic relations; The main conditions for increasing the export potential in the Republic of Azerbaijan and the stimulated means of using the export potential have been studied; the need for legal regulation of state intervention to increase the export potential of Azerbaijan and promote its implementation was substantiated; the system of legislative acts regulating the implementation of export operations was analyzed; the mechanisms of realization of the existing state support in the field of export stimulation in our country have been studied; The directions of improving the legal framework to increase the export potential and stimulate exports have been identified in our country. Keywords: export, foreign relations, economic development, growth, international trade.


Author(s):  
A. A. Shirov ◽  
M. S. Gusev

The article analyzes the current state of Russian foreign trade and its impact on the development of the economy. The main changes that occurred in the global economy during the crisis caused by the new coronavirus pandemic are considered. It is concluded that most of the trends that formed in the global economy before the crisis are likely to receive additional acceleration after its end. In this regard, additional restrictions may be imposed on traditional Russian exports. It is stated that foreign trade should become one of the key factors that ensure the stability of the Russian economy in the medium and long term. The requirements for the balance of payments and the exchange rate that ensure the stability of the macroeconomic dynamics and parameters of foreign trade are determined. Given the current trends in the parameters of the world economy and trade, it should be assumed that the structure of Russian exports will not undergo significant changes over the next 15 years. This means that for the next 15 years, the development of the export potential of the fuel and energy sector, the diversification of the geography of energy supplies, remains one of the key tasks of the foreign economic strategy. The key restrictions of the integration processes in the Eurasian Economic Union (EAEU) are evaluated.


Author(s):  
L. Tkachuk

The article reveals the multifaceted nature of tourism as a global scale social phenomenon. Tourism embraces nearly all aspects of our society. The main directions and tasks of its research by various sciences are disclosed. The necessary of integrating a number of subjects to study tourism is underlined. Tourism is the temporary, short-term movement of people to destinations outside the places where they normally live and work, which is induced by the natural and cultural diversity of the world. The essence of tourism as a travel define the context of geographical researches on tourism, in particular, there are researches on geography of tourist resources and flows, sustainable destinations management. Tourism as a social phenomenon has a variety of social-cultural impacts in all sociological dimensions. The main aspects of sociological researches of tourism have resulted in tourists’ typology and theory of “hosts and guests” relations. The modern mass international tourism is regarded in this article as a symbol of the postmodernism society. The economic and environmental effects of tourism are determined. As a key sector for economic development and job creation (for both men and women) throughout the world, tourism is one of the strongest drivers of global trade and prosperity. Tourism directly contributed US$2.3 trillion and 109 million jobs worldwide in 2016. It is revealed that tourism in many developing and least developed countries is the most viable and sustainable economic development option, and in some countries, the main source of foreign exchange earnings. Tourism impacts on the natural environment in various ways. Some forms of tourism can be extremely detrimental to ecologically sensitive areas, resulting in their degradation or destruction. The role of tourism in strengthening international economic relations, maintaining peace and stability in the world is also noted. It is determined that tourism can reduce prejudice among individuals, influences national institutions, structures and attitudes to create and sustain peaceful societies.


2021 ◽  
Vol 59 (2) ◽  
pp. 211-226
Author(s):  
Sanela Mrdaković ◽  
Miloš Todorović

Abstract The spectacular economic development of South Korea in recent decades has continuously intrigued economists, academic community and general public. Whether such a development model be applied to other, less developed countries is one of the topics often explored in a number of studies and debates. Therefore, the principles of South Korean development model and the economic parameters of its foreign trade today, are some of the research aims of this paper. The research focuses on economic relations between South Korea and Serbia, current trends and prospects for future economic cooperation through the analysis of comparative advantage of the most prominent export products and industries, using the RCA index. The analysis shows that Serbia has a potential to further improve cooperation with South Korea in several export sectors, and coupled with investments in human resources and infrastructure, as well as the active promotion of Serbian market to South Korean companies, it may be one of the vectors of their future cooperation.


Author(s):  
Inna Nafus

In the article we examine the problem of social capital accumulation as an important economic resource, which allows to solve complex problems with its effective use: ensuring the reliability and predictability of the institutional environment of the economy; formation of reliable economic relations between economic entities based on trust, recognition of common values and norms of economic behavior; establishment of partnership relations between the state, business and civil society in solving the problems of sustainable economic development; elimination of the practices of opportunistic behavior of economic entities of different levels of management; population welfare growth. The purpose of the article is to justify social capital as a result of the development of socio-economic relations, the definition of ways to implement social capital in the socio-economic system and identify the factors of its formation in the modern economy. Social capital is considered as the result of economic development and socio-economic relations. The resource, mobilization and institutional ways of realizing social capital in socio-economic reality are determined. The resource method is based on reciprocal behavior and is aimed at benefiting from social contacts. The following factors of formation of social capital in the modern economy of Ukraine are described: the maturity of socio-economic relations; the level of economic development and the effectiveness of market mechanisms; development of human capital; features of communication management; state policy; social responsibility of companies; development of civil society and PPP; technological, social, cultural and other innovations, the priority of the sphere of services and the rapid development of the IT sector; service models of employment; social investment; development of a network society, social differentiation; globalization processes.


Author(s):  
Adnan Farhan Aljawareen

The transportation sector plays a critical role in balanced economic and regional development, as well as affording a great deal of influence on national integration into the world economic market. This paper studies current trends in the maritime sector in Iraq and presents some recommendations to improve maritime transport and ports’ efficiency in order to enhance economic development. Various problems and obstacles faced by the ports of Iraq, which have piled up during the last three decades, acted as a major setback in its underdevelopment and weakened its functional capacity, and limited its role in economic development. Therefore, the government should formulate policies that would encourage foreign and private participation in the maritime sector of the economy.


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