Currency Wars, Trade Wars, and Global Demand

2021 ◽  
Author(s):  
Olivier Jeanne
Keyword(s):  
2021 ◽  
Vol 232 ◽  
pp. 02001
Author(s):  
Syahrul Ganda Sukmaya ◽  
Saptana Saptana

In recent history, the ongoing trade war between the United States and China is unparalleled. This research looks at the impact of trade wars on Indonesian agricultural products' competitiveness and export performance. The methods used for this study are NRCA, EPD and CMSA. We find that conditions of the trade war between China and the US affect the competitiveness and competitiveness of Indonesian agricultural products in the destination countries. The impact of the trade war conditions on the competitiveness of Indonesian agricultural products compared to China and their export to the United States. Indonesia's agricultural exports during the trade war to China's and US destination countries are: HS 01, HS 04, HS 08, HS 12 and HS 18. Indonesian agricultural exports to China and the US are influenced primarily by the increase in global demand and the composition of competitiveness.


Author(s):  
E. A. Ponuzhdaev ◽  
Tatiana A. Shpilkina

The authors considered historical and topical issues of the international division of labor (MRT). The analysis and parallel of MRI data by ancient scientists, researchers, scientists and experts of the XVIII, XIX, and XXI centuries. On the example of the European Union countries Greece, Spain and Portugal, the analysis of GDP, wages and unemployment as key indicators that characterize the economy of countries is carried out. The historical «cycle» of social structures is given and the dynamics of the ratio of the upper (B), middle (C) and lower (H) classes is shown. It shows the current problems of world markets, taking into account sanctions, trade wars and the consequences of the pandemic. Prospects for the national division of labor (NDT) are defined.


2020 ◽  
Vol 26 (7) ◽  
pp. 1647-1660
Author(s):  
O.N. Likhacheva ◽  
A.S. Belikevich

Subject. In the uncertain market environment, the optimal structure of capital is getting more important because it influences the competitiveness of a firm, its financial sustainability and solvency and, consequently, a success. Herein we dwell upon the hypothesis presuming the existence of capital structure determinants. Objectives. We review empirical studies on the subject, analyze determinants of the Russian companies’ capital structure. Methods. The study is based on the systems approach and methods of statistical analysis. Results. It is necessary to monitor how capital is shaped and formed. We investigated proceedings on factors influencing the capital structure and discovered relevant hypotheses, carrying out the correlation analysis of such factors. Conclusions and Relevance. It is especially important to examine factors influencing the capital structure, and find the appropriate format for the economy struggling through the crisis. The coronavirus pandemic unavoidably reshapes the global economic landscape, which has already been under the pressure of deglobalization processes (trade wars, repudiation of oil contracts). The correlation analysis did not reveal any relationship of the variables in question (the company’s age, ROE, ROA, MOEX, key rate, GDP, PPI) and the capital structure. Further research should be devoted to other factors and consider the unreasonableness and psychological background of managers’ behavior who make decisions concerning the capital structure.


2020 ◽  
Vol 8 (8) ◽  
pp. 1444-1458
Author(s):  
N.M. Baranova ◽  
D.S. Loginova ◽  
S.N. Larin

Subject. Illustrating the case of Rosneft Oil Company, we herein study how innovation spurs business operations, increases the competitiveness of firms and protects them from risks. Objectives. We model the innovative activity of Rosneft Oil Company and its competitiveness. Methods. We analyze proceedings by the Russian and foreign scholars, materials on program for the innovative and sustainable development of Rosneft Oil Company. Our assessments were based on statistical data of Rosneft’s annual report for 2004–2019. The regression analysis and econometric studies were conducted via Eviews10. Results. We set models to predict the innovative development of the company for the nearest future. We revealed that the linear model was the most appropriate and suitable for forecasting. Properties and estimates of the exponential model turned to be insignificant, on the contrary. Conclusions and Relevance. Currently, it is difficult to forecast the extent to which corporate development, its innovative activity will change in 2020 and in the nearest future. Despite the company’s achievements before 2020, continuous trade wars, geopolitical conflicts, pandemic, OPEC agreements and a consequential drastic drop in the demand for power resources considerably slowed down the pace of the economic growth not only in the company, but also in the country.


2018 ◽  
Vol 2 (3) ◽  
Author(s):  
Sanaa Ashour

Transnational education (TNE), responding to the growing global demand for education, plays a fundamental role in the current debate on the internationalisation and globalisation of higher education. Conducting a systematic literature review, this paper examines the characteristics of German transnational education, which has little in common with the American and British models, the reasons for its limited presence in the Gulf and its potential for having a stronger footprint. Since education for Germany is a public good, financial gain has never been a decisive factor for German universities to venture abroad. Whilst the Gulf Region is the largest importer of foreign education, German TNE is only represented by one university there, compared to the overwhelming number of US, UK and Australian higher education institutions. Although the Gulf Region is considered as a lucrative and appealing market for foreign education, lack of engagement of German TNE there could be interpreted through public policy-related reasons. Since Germany has already established its footprint in creating a unique brand of TNE, the paper recommends to build upon the country’s expertise in low-risk option for Germany to invest in the Gulf. For this to materialise, Germany must build awareness of its unique brand to stand out among the competition. 


2018 ◽  
Author(s):  
Suryanarayanan Nandagopal
Keyword(s):  

Animals ◽  
2021 ◽  
Vol 11 (2) ◽  
pp. 439
Author(s):  
Shannon N. Rivera ◽  
Andrew Knight ◽  
Steven P. McCulloch

Increased focus on the illegal global wildlife trade has resulted in greater numbers of live animals confiscated by authorities, increasing the need to manage these animals responsibly. Most wildlife seizures take place in Southeast Asia, with global demand for live animals fuelling much of the trafficking. Guidelines for the ‘disposal’ of live specimens are provided by the Convention on the International Trade in Endangered Species of Wild Fauna and Flora (CITES), although individual Parties must implement provisions through national laws and regulations. ‘Disposal’ is the term used for the management of illegally traded wildlife upon confiscation. Confiscated live animals can be euthanised (i.e., killed), repatriated to their native country and released, or kept in captivity. This study investigates barriers to proper care and disposal of confiscated live animals in Southeast Asia, where roughly one quarter of the global multibillion dollar illegal wildlife trade takes place. Interviews were conducted with 18 professionals working within conservation, wildlife crime, and confiscated live animal management. Eight limitations to the proper care and disposal of confiscated wildlife were identified: (1) political will, (2) policy, (3) funding, (4) capacity, (5) expertise (6) attitudes and behaviours, (7) exploitation, and (8) corruption. Based on interviews, we propose seven key reforms to support the efficient and humane management of illegally traded wildlife for national authorities and CITES parties. These are wildlife seizure management, legislative support, enhanced political will, demand reduction, global participation, registry of rescue centres, and terminology change. This research highlights major barriers to the proper care and disposal of live confiscated animals and proposes key reforms to improve the conservation of threatened species and the welfare of millions of illegally traded animals.


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