International Trading Patterns and Investor Performance

2007 ◽  
Author(s):  
P. Joakim Westerholm
2019 ◽  
Vol 33 (12) ◽  
pp. 1950120 ◽  
Author(s):  
Yusuf Yargi Baydilli ◽  
İlker Türker

Exchange rates are important indicators of the economic power of countries, directly affected by the international trading patterns and relations. Since almost every pair of countries in the globalized world are economically and financially related, exchange rates can be evaluated as nodes of a global financial network to make meaningful inferences. In this study, a financial network approach is conducted by evaluating the movements of the most traded 35 currencies against gold between years 2005 and 2017. Using graph theory and statistical methods, the analysis of economic relations between currencies is carried out, supported with geographical and cultural inferences. A risk map of currencies is generated through the portfolio optimization. Another approach of applying various threshold levels for correlations to determine connections between currencies is also employed. Results indicate that there exists a saddle point for correlation threshold as 0.9 which results in a robust network topology that is highly modular and clustered, also dominantly displaying small-world and scale-free properties.


Author(s):  
Mathias Kende

This chapter covers the historical development of the WTO’s mechanism for peer review. It examines the conceptual development of peer review and distils typical core elements (objectives, structure, and participants) by looking at the IMF, the OECD, the FSB, the APRM, the UPR, and the UNFCCC and its Kyoto Protocol. These elements are then applied to analyse the historical advent of the TPRM. The analysis also covers the first five appraisals of the TPRM (1999, 2005, 2008, 2011, and 2013). For each of these, it examines the TPRM’s objectives (including its implementation of the naming and shaming objective and potential link(s) with the Dispute Settlement Body), its structure (focusing on individual reviews and on the yearly overviews of developments in the international trading environment), and on its participants (focusing on governmental attendance and participation rates, the evolving capacities of the WTO secretariat, and on the attitudes of discussants).


2021 ◽  
Vol 13 (10) ◽  
pp. 5573
Author(s):  
Insung Son ◽  
Sihyun Kim

This study analyzed partner volatility (new, old, revocation partners) and country-specific signal effects (United States (US), Taiwan, Japan, and South Korea) for Apple iPhone parts suppliers from 2007 to 2018. Mid- to long-term stock price movements were also analyzed to define trading patterns by investor type. The results using logit regression analysis revealed that new partners and revocation partners each have a signaling effect perceived as positive and negative information in the short term, and the excess returns by country showed a positive signaling effect in the order of the US, Taiwan, South Korea, and Japan. The findings also suggest that the change in the new partners’ stock price after the preannouncement of new products was useful investment information. Moreover, information asymmetry was found between individual investors, institutions, and foreigners. Results indicate that new partner selection in the smartphone market impacts corporate value and serves as useful investment information.


Author(s):  
SABURO OKITA

The Asia-Pacific countries achieved rapid economic growth with the flying-goose model in the 1980s, growth buttressed by export-oriented development strategies and the policy culture in these countries. While Japan and the other Asia-Pacific countries still have strong growth potential, many problems remain, including trade imbalances with the United States and the rise of protectionism there, the Asia-Pacific economies' vulnerability, and the need to consolidate the infrastructure for growth. It is imperative that Japan contribute to the development of the region by responding effectively to these issues and that it strengthen the international trading arrangements by promoting Asia-Pacific cooperation premised on openness. Given the region's great internal diversity, Asia-Pacific economic cooperation can well serve as a model for international economic coordination.


ASJ. ◽  
2021 ◽  
Vol 1 (46) ◽  
pp. 21-28
Author(s):  
E. Zvonova ◽  
I. Vakula ◽  
N. Pestereva

The study of ethnocultural and age characteristics of the advertising messages’ perception by potential consumers is extremely relevant and practically significant in the context of active international trading and industrial relations. While perception is a cycle guided and organized by a cognitive schema, the final image includes a person’s knowledge of the world. This determines the importance of studying the factors that determine the specifics of creating an image. The authors of this article consider the perception of advertising as a process of generating a meaning, which in the context of intercultural communication reveals cultural characteristics that are potentially important when choosing a strategy of behavior. The empirical study involved 100 people living in the United States and Russia. The research methods revealed differences in the assessment of values in both groups. Further research aimed at studying the specifics of advertising media texts showed that in the perception of advertising, not age differences, but the cultural aspect plays the leading role. The visual appeal of the commercial, the semantic and imaginative transparency, the positive attitude towards the main characters do not affect the desire of potential consumers of the American and Russian sample groups to purchase the advertised product. The research showed that studying the perception of advertising media texts allows you to obtain additional information about the representatives of different cultures. A cultural artifact actualizes specific features and allows you to model the idea of the overall integrity of the phenomenon under study.


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