Outlook for the World Economy: A Latin American Viewpoint

1987 ◽  
Vol 29 (4) ◽  
pp. 125-146
Author(s):  
Juan Guillermo Espinosa

The Term Which best sums up the current international economic situation is the word “crisis.” This crisis exists not only in the economies of the South, harassed over the past five years by external debt and the adjustment measures which it has spawned, but also in the economies of the North, often saddled with substantial deficits.Surrounding the state of crisis is a general sense of confusion as to the proper direction to take to deal with this crisis. The future appears opaque, which renders the choice of remedies even more difficult than would normally be the case under better circumstances.

1978 ◽  
Vol 20 (3) ◽  
pp. 321-339
Author(s):  
Aldo Ferrer

Since 1973 most of the Latin American countries have experienced deterioration in their balance of payments due to the economic recession in the industrial countries and the oil price increases. The consequent adjustment process has called for stricter regulation of domestic demand and new advances in import substitution. Adjustment was less painful due to access to private financing in the international capital markets which, however, produced a sharp increase in the external debt.This article does not propose to review the recent patterns of external payments, already extensively analyzed in the periodic reports of the UN Economic Commission for Latin America, the International Monetary Fund, and in other studies. Rather, it will attempt to emphasize some long-term changes in the world economy and in Latin America that influence the international participation of the region. It is in this context that the adjustment process of the balance of payments and the external debt should be evaluated.


Worldview ◽  
1982 ◽  
Vol 21 (3) ◽  
pp. 23-26
Author(s):  
Jeremiah Novak

The world economy and international economic institutions are in trouble. That, at least, is the opinion in informed circles following the Conference on International Economic Cooperation (CIEC) held in Paris last spring. There is a growing realization that CIEC failed to grapple with the systemic problems the world economy faces, a failure that threatens developing and developed countries alike.Despite Secretary of State Cyrus Vance's dramatic call for a “new international economic system,” the Paris conference failed to address systemic issues. Instead, the developed nations of the North angled for a separation of the issues of energy from those of development; and the developing countries of the South closed ranks by linking the two. Consequently neither side truly debated the crushing problems of the world economy.


Worldview ◽  
1983 ◽  
Vol 26 (9) ◽  
pp. 16-18
Author(s):  
David Finkelstein

Lulled by a serene exterior and enchanted by exquisite scenery, visitors to New Zealand continue to look upon it as “God's own country.” Roughly the size of Japan or the state of Colorado and populated by ten million cows, seventy million sheep, and a mere three million people, how could it be otherwise? Even the venerable James Reston has swallowed the line that New Zealanders are free of the problems that vex the rest of the world. “Otherwise, all is as silent here as the sheep in the fields,” he wrote after a visit to the Antipodes several years ago, “and this may be their most serious dilemma. For they make no trouble and therefore make no news.” No news, perhaps, but like most places throughout the world, New Zealand has its troubles.For the past decade New Zealand has been having increasingly serious economic difficulties; and since the country is generally twelve to eighteen months behind major international economic movements, predictions are that conditions will continue to deteriorate, at least through 1983.


2011 ◽  
Vol 7 ◽  
pp. 24-41
Author(s):  
Sławomir Dorocki

The turn of the 20th and 21st centuries brought an intensive increase of international economic connections that were a part of the process of globalization of the world economy. The result of these processes was opening of the countries’ economies which influenced the increase of the role of foreign investments as a factor of economic development of a country. Foreign direct investments (FDI) are nowadays one of the most sought-after forms of foreign capital flow. Foreign investments do not cause external debt. They influence the flow of technology, generate economic growth, contribute to the decrease in unemployment, introduce new management methods, create access to the new markets and generate production infrastructure. The following study presents a short characteristic of foreign investments in France. It analyses regional differentiation of foreign investments in France on the basis of their quantity and in reference to the number of workplaces generated by FDI. Finally, the article presents the factors that have influence on the localization of foreign investments.


1987 ◽  
Vol 29 (1) ◽  
pp. 1-24
Author(s):  
Abraham F. Lowenthal

The Countries of Latin America and the Caribbean, and consequently their relations with the United States, have changed considerably during the past 25 years. Latin American and Caribbean nations are more populous, urban, industrialized, organized, and assertive than they were a generation ago. Even in a period of extensive economic difficulty, Latin America's nations are today more prosperous than in 1960. Most are better integrated into the world economy and are much more involved in international politics.


2021 ◽  
Vol 0 (2) ◽  
pp. 15-20
Author(s):  
P. Kobetc

The relevance of the study is due to the fact that the problem of chronic hunger, which has worsened over the past decades in the world, clearly indicates that there is not enough food in the world to feed people. The problem under consideration continues to worsen due to such factors as: the effects of climate change, the unstable world economy, low agricultural production, growing poverty and unstable food prices. Thus, these factors have set new challenges for the world to produce and continuously supply the population with basic foodstuffs. In modern Japan, the problems related to ensuring food security on the basis of a strong interaction between the agro-industrial complex and the state are very active. At the same time, the problem of food security in the land of the rising sun differs from the world one. Since Japanese food security consists in increasing the self-sufficiency coefficient by increasing domestic production in order to meet the demand for both types of food related to traditional Japanese food and imported from abroad. Thus, in addition to understanding the problem of food security in Japan, this paper also focuses on the need to increase self-sufficiency in food.


2018 ◽  
Vol 11 (2) ◽  
pp. 18-26 ◽  
Author(s):  
I. A. Strelkova

The paper examines various approaches to the definition of the term «digital economy» in the scientific and business environment along with factors and forms of its development in different countries taking into account the specifics of the current stage of the Russian economy, which is a matter of particular importance in seeking new sources of the world economy growth. The subject of the research is opportunities and threats inherent in the process of digitalization of economies and their impact on the operation of international and national markets as well as the development of the world economy as a whole. The purpose of the paper was to analyze the practical experience in the formation and development of the digital economy in foreign countries and Russia and identify the changes it brings to the activities of state institutions and business structures, established rules of market exchange, the process of promotion and use of innovations. All the above made it possible to determine the country-level specifics of the digital economy evolution reveal the contradictory nature of its manifestations and justify the necessity for active participation of the state in stimulation and support of potentially promising digital innovations in various sectors of the economy. It is concluded that the level of the digital economy development depends on the real-sector performance, the maturity of markets, the state of the national economy. It is highlighted that the criteria for a comprehensive assessment of the results of the economy digitalization must be developed.


Author(s):  
E. Smirnov

In the context of digitalization in the world, competition is intensifying, lead-ing to a significant transformation of international business and a change in the development strategies of global digital platforms in the global market. The article analyzes and summarizes the prevailing approaches to competition and antitrust policy in the context of the “platformization” of the world economy and its impact on international economic dynamics.


2020 ◽  
Vol 2 (7) ◽  
pp. 19-23
Author(s):  
V. V. VELIKOROSSOV ◽  
◽  
Yu. M. BRYUKHANOV ◽  
A. O. TITOVA ◽  
◽  
...  

The article is dedicated to eSports as a new and promising sector of the world economy that provides businesses with effective integration scenarios. This contributes to the development of cooperation of private and public investors with eSports holdings, as well as to the involvement of the generation Z audience in promising consumption of interested companies’ products. The article examines the current trends in the development of the eSports market using analytical studies of international consulting companies. The official data characterizing the state of the eSports market in Russia are also represented. The article provides information about the model of monetization of eSports and its perspective directions. In conclusion, the article makes the necessary inferences to assess the prospects of such areas of the economy as eSports, both for the industry of interactive entertainment and for representatives of other market sectors.


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