The Impact of Politicaly Motivated Trade Sanctions on Russia's Foreign Trade Sector

2014 ◽  
Author(s):  
Alexander Pakhomov
Keyword(s):  
Foreign Trade ◽  
Trade Sanctions ◽  
Trade Sector ◽  
The Impact

The Impact of Sanctions on North Korea’s Foreign Trade from the Perspective of the Comparative Advantage Theory

2019 ◽  
pp. 4-15
Author(s):  
I. A. Korgun ◽  
G. D. Toloraya
Keyword(s):  
Foreign Trade ◽  
Competitive Advantage ◽  
National Economy ◽  
North Korea ◽  
Rent Seeking ◽  
Economic Transformation ◽  
Global Trade ◽  
Negative Consequences ◽  
The North ◽  
The Impact

The presented study analyzes the opportunities for North Korea to capitalize on its competitive advantages in foreign trade in the context of sanctions.Aim. The study aims to identify mechanisms that allow North Korea to engage in foreign trade in circumvention of UN sanctions and to analyze their impact on the national economy.Tasks. The authors analyze the structure of North Korea’s national economy, its initial competitive advantage, identify the specific features of North Korea’s foreign trade in the context of sanctions, and determine the consequences of illicit trade in circumvention of sanctions for the national economy.Methods. This study uses an interdisciplinary approach that combines the classical theory of competitive advantage with the concept of rent seeking, with the concept of rent seeking and analysis of trade flows.Results. The study shows that, despite the restrictions imposed by sanctions, North Korea strives to make the most of its advantages, such as resource availability and cheap labor, in global trade. The country builds its own export-import chains in circumvention of sanctions. These chains are rather mobile, flexible, and controlled by the elite. As a result, benefits from trade that could be evenly distributed among the population are concentrated in the hands of a narrow segment of society. ‘Rent seeking’ makes it possible to formulate the negative consequences of these processes for the North Korean economy and the international community.Conclusions. Solving the North Korean issue requires an economic transformation in the country through the replacement of restrictive sanctions with more constructive ones. The exclusion of North Korea from open global trade leads to the country’s marginalization and impairs the transparency of international commodity flows.

The Impact of Foreign Trade on Markup Size

2012 ◽  
Vol 50 (1) ◽  
pp. 46-64 ◽  
Author(s):  
Nina Ponikvar ◽  
Maks Tajnikar
Keyword(s):  
Foreign Trade ◽  
The Impact

scholarly journals DISTORSI KAPASITAS PERDAGANGAN INTER-REGIONAL IMT-GT Kasus Provinsi Terpilih di Sumatera Indonesia

2015 ◽  
Vol 11 (1) ◽  
pp. 44
Author(s):  
Benito Rio Avianto ◽  
Raldi Hendro Koestoer
Keyword(s):  
Analytical Framework ◽  
Economic Cooperation ◽  
Fixed Effect ◽  
Data Series ◽  
Regional Study ◽  
Regional Economic ◽  
Trade Sector ◽  
The Impact ◽  
Effect Method

The objective of the paper was to understand the impact of sub regional economic cooperation, known as the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT), on trade sector in Indonesia. The approach of research based on export macro information by provinces and commodities. The method used in the analytical framework was a fixed effect method. The regional study covered Nanggroe Aceh Darussalam, North Sumatera, West Sumatera, and Riau provinces, and the commodities involved CPO, coffee and rubber, with 1990-2008 data series. Based on pooled regression, there was a significant impact on export from the four provinces to Malaysia and Thailand for all based years. One might focus on commodity level that, in fact, CPO was the only one commodity that had a significant impact within the IMTGT region. In addition, Thai Bath and Malaysian Ringgit, with respect to GDP for both countries, had significant influenced on export, especially after the IMT-GT endorsed.

scholarly journals PROBLEMS OF UNBALANCED STATE BUDGET OF UKRAINE: ANALYSIS OF OBJECTIVE AND SUBJECTIVE FACTORS OF BUDGET REVENUE AND EXPENDITURE

2020 ◽  
Vol 11 (87) ◽  
Author(s):  
Oksana Zahidna ◽  
◽  
Vasylyna Ignatyshyna ◽  
Uliana Skydan ◽  
◽  
...  
Keyword(s):  
Foreign Trade ◽  
The State ◽  
Public Expenditures ◽  
Present Stage ◽  
State Budget ◽  
Economic Relations ◽  
Successful Solution ◽  
The Social ◽  
Social And Economic Development ◽  
The Impact

A significant place in the social and economic development of each country belongs to the problems of the budget, because the budget belongs to the sphere of public life that directly affects the interests of all members of society. The budget of any country reflects the important economic, social and political problems of the state and each person in particular. At the same time, the successful solution of budget problems is possible only if a proper understanding of its essence, role and place in the system of economic relations. For any country, the state budget is the main link in the financial system. As part of this system, it combines the main financial categories: income and expenditure of the country, the tax system, public credit, public debt in their closest coexistence. The budget as a financial plan of public expenditures and sources of their coverage plays an important role in the activities of the state. It determines its capabilities and development priorities, its role and forms of implementation of the functions assigned to it. It is an effective regulator of that economy reflects the amount of financial resources required by the state, determines specific areas of use of funds, directs the financial activities of the state. The article analyzes and defines the essence of revenues and expenditures of the state budget. The state and dynamics of state budget revenues and budget expenditures are studied. A comparison of state budget revenues and expenditures was made and it was investigated that expenditures significantly exceed revenues, and therefore the state budget is in deficit. The factors of formation of revenues and expenditures of the state budget at the present stage are determined. The dynamics of GDP growth rates and state revenues are analyzed budget, as well as the impact of GDP on the state budget. The peculiarities of the influence of the foreign trade factor on the revenues and expenditures of the state budget are determined. The influence and shares of exports and imports in the state budget revenues are studied. The current problems of imbalance of the state budget and the causes of the state budget deficit are identified. Ways to balance revenues and expenditures at the present stage are proposed. The dynamics of indicators of export and import of Ukraine is analyzed. The problems of Ukraine 's foreign trade at the present stage are investigated and perspective directions of improvement of the existing state of the export – import policy of the state are determined.

Analysis on the Promotion Effect of Logistics Industry Development on China Tobacco Foreign Trade

2021 ◽  
Vol 7 (5) ◽  
pp. 1724-1735
Author(s):  
Liu Yue ◽  
Yang Gaofei
Keyword(s):  
Foreign Trade ◽  
Information Science ◽  
Tobacco Industry ◽  
Trade Deficit ◽  
Practical Significance ◽  
Logistics Industry ◽  
Demand And Supply ◽  
Logistics Market ◽  
International Transactions ◽  
The Impact

Objectives: The international logistics market is very broad and the system is also very large and complex. It depends on international information science and technology, and has high requirements for standardization. International logistics can realize trade between countries. Its development puts forward higher requirements, higher standards and higher development for international transactions, This paper focuses on the impact of the development of the logistics industry on China tobacco foreign trade in order to promote the development of international logistics and provide practical significance for the globalization of China tobacco foreign trade. In the research, the methods of literature review and case analysis are used to analyze theimpact of the international logistics industry on China tobacco foreign trade. The results show that international logistics is conducive to the adjustment of China tobacco foreign trade demand and supply, mobilizing the international consumption flow, improving the national GDP, and allowing the economic cooperation of various countries to make each country together and interdependent. Therefore, the research on international logistics is conducive to international cooperation and exchange.By studying the development of the logistics industry, this paper analyzes the promotion of China tobacco industry foreign trade, improves the impact of the global tobacco industry on China tobacco trade deficit, and provides practical significance for the globalization of China tobacco trade.

De Facto Fiscal Space in Donor-countries and Their Aid Supply: To What Extent is Trade-related Aid Supply Affected?

2019 ◽  
Vol 8 (1) ◽  
pp. 1-25 ◽  
Author(s):  
Sena Kimm Gnangnon
Keyword(s):  
Trade Openness ◽  
Jel Classification ◽  
Development Aid ◽  
Fiscal Stimulus ◽  
Economic Wealth ◽  
Working Paper ◽  
Trade Sector ◽  
Fiscal Space ◽  
Official Development Aid ◽  
The Impact

This article investigates the impact of fiscal space in donor-countries on their official development aid (ODA) supply. It relies on the indicator of ‘De Facto Fiscal Space’ proposed by Aizenman and Jinjarak (The Fiscal Stimulus of 2009–10: Trade Openness, Fiscal Space and Exchange Rate Adjustment, NBER Working Paper 17427, 2011) and on a panel of 22 donor-countries over the period 1964–2015. The analysis considers four measures of ODA, including the total net aid transfers (NAT), ODA allocated to all sectors in the recipient-countries (ODAALLSECT), ODA allocated to the trade sector and ODA provided for the non-trade sector. The empirical results show that greater fiscal space in donor-countries influences positively donors’ NAT, their ODA allocated to all sectors as well as their ODA allocated to the non-trade sector in recipient-countries. At the same time, greater fiscal space in donor-countries does not influence ODA relating to the trade sector. Furthermore, the impact of fiscal space on ODA supply to the trade and non-trade sectors depends on donor-countries’ level of economic wealth. Jel Classification: E62, F35

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