Discussion on the Development of Cross-Border E-Commerce and the Adjustment of Training Mode of International Trade Professionals

2020 ◽  
Keyword(s):  
International Trade ◽  
Cross Border ◽  
Training Mode

Relationship between Cross-Border Mergers and Acquisitions and International Trade: The Case of Russian Pharmaceutical Industry

2020 ◽  
pp. 81-94
Author(s):  
Alexandra V. Chugunova ◽  
Olga A. Klochko
Keyword(s):  
International Trade ◽  
Mergers And Acquisitions ◽  
Volume Growth ◽  
Pharmaceutical Products ◽  
Pharmaceutical Companies ◽  
Cross Border ◽  
Export Volume ◽  
Relationship Of ◽  
Geographical Diversification ◽  
The Relationship

This research studies the relationship of cross-border mergers and acquisitions to international trade through the lens of Russian pharmaceutical market. To this aim, the study analyses the woks of foreign economists dedicated to evaluating the link between foreign direct investment and international trade, and the influence of mergers and acquisitions on countries’ export and import flows. The research also presents a correlation analysis between the volume of Russian pharmaceutical exports and imports and cross-border deals performed by foreign pharmaceutical companies in Russia. We characterize these deals and conduct a comparative analysis of the regional structure of Russian pharmaceutical exports and imports as well as of the countries of origin of buyers in cross-border mergers and acquisitions. The results of the analysis indicate a positive relationship between cross-border mergers and acquisitions and Russian pharmaceutical exports, which is reflected in the export volume growth and its geographical diversification. However, it is outlined that particular problems of the industry hinder the amelioration of Russian positions in international exports. Similarly, the relationship between cross-border deals and Russian imports is positive: the major pharmaceutical products supply flow occurs from the countries of origin of buyers in cross-border mergers and acquisitions conducted in the Russian pharmaceutical sector.

Feasibility of ‘Covering Values’ in Transnational Commercial Law: Article 79 of the cisg and the ‘Impediment’

2016 ◽  
Vol 5 (2) ◽  
pp. 183-207
Author(s):  
Akshay Shreedhar
Keyword(s):  
International Trade ◽  
Comparative Law ◽  
Commercial Law ◽  
Legal Norms ◽  
Common Values ◽  
Cross Border ◽  
Neutral Term ◽  
Force Majeure ◽  
The World ◽  
Different Cultures

The coming together of the world, through globalization, international trade and cross border sales has led to an inevitable interaction between different cultures and different laws. Transnational commercial law has seen numerous instruments created to impose a ‘neutral’ set of norms on two contracting parties. The process of formation of such instruments is most certainly an exercise in comparative law influenced by the notions of pluralism, whereby different legal norms are compared. As such, this comparison, like most comparisons in comparative law, endeavours to find common values in varying concepts. Yet, it ignores the fundamental flaws inherent in such a comparison. The resulting ‘covering value’ is seemingly neutral, and yet travels beyond its intended scope. This paper will present an example of the classic ‘force majeure’ defence to contractual breaches, in transnational commercial law, and how its neutral term ‘impediment’ is evidence of the practical non feasibility of ‘covering values’.

Global trade and shipping will long remain subdued

2016 ◽  
Keyword(s):  
Economic Development ◽  
International Trade ◽  
Emerging Economies ◽  
Global Trade ◽  
Trade Patterns ◽  
Content Type ◽  
Cross Border ◽  
Border Trade ◽  
Merchandise Trade ◽  
Developed World

Subject Trends in global trade and shipping. Significance Slower growth in China and other emerging economies, and feeble growth in the developed world are curbing the expansion of world merchandise trade. Reflecting those trends and the rising importance of cross-border trade in services, international shipping will experience prolonged low growth. Impacts The level and nature of future Chinese economic development will remain the largest determinant of international trade and shipping trends. The pace at which the digital economy disrupts global manufacturing supply chains will have far-reaching consequences for trade patterns. Global trade will shift away from the shipping-intensive intra-industry patterns of the last few decades.

Deadly migrant trafficking trade by sea and restrictive service trade by the WTO

2015 ◽  
Vol 14 (2) ◽  
pp. 86-104
Author(s):  
Rafiqul Islam ◽  
Khorsed Zaman
Keyword(s):  
International Trade ◽  
Social Inclusion ◽  
Developed Countries ◽  
Global Poverty ◽  
Content Type ◽  
Cross Border ◽  
Trade Law ◽  
International Trade Law ◽  
Law And Policy ◽  
Restrictive Trade

Purpose – The purpose of this paper is to examine one of the most pressing global challenges, the ongoing migrant trafficking across sea, from international trade law and policy perspective. It identifies global poverty as one of the underlying causes of such trafficking. It argues that restrictive trade in labour-intensive services of the World Trade Organization (WTO) contributes to and sustains poverty in many migrant producing countries. Chronic unemployment in poor countries with surplus manual workforce renders these workers bewildered to survive in a jobless and incomeless home markets. Non-liberalization of movements of natural persons under General Agreement on Trade in Services (GATS) Mode 4 prevents legal cross-border delivery of labours. Restrictive trade in agriculture has but aggravated their marginalized plight. It is this poverty trap that pushes workers, lured by smugglers, to take risky migration routes for better life in countries with labour shortages. Design/methodology/approach – The paper adopts a blend approach of theoretical and applied aspects of international trade law and policy, which is interpreted and applied to a fact situation of contemporary challenge of migrant trafficking by sea. Findings – This paper establishes a nexus between restrictive Mode 4 trade and its implications for poverty-induced migration trafficking trade. It suggests a palatable trade law and policy-based reform response for the WTO to ameliorate poverty and migration trafficking trade concurrently through the creation of legal channels for the cross-border delivery of labours by liberalizing Mode 4 trade in a manner beneficial for developed countries as well. Originality/value – Its value lies in its contribution to maximize multi-lateral trade liberalization for the benefit of all countries, social inclusion and economic emancipation of the disadvantaged, which would minimize global poverty.

scholarly journals Research Based on International Trade System and the Pursuit of Free Digital Trade

2021 ◽  
Vol 2 (4) ◽  
Author(s):  
Houqi Ji
Keyword(s):  
International Trade ◽  
Technological Change ◽  
Driving Force ◽  
The Internet ◽  
Trading System ◽  
Goods And Services ◽  
Cross Border ◽  
Data Flows ◽  
The World ◽  
International Trading

The world is witnessing the digitization of the production, exchange and consumption of goods and services in economy. The Internet and cross-border based data flows are becoming important trade channels as more products are traded online or with integrated functions that are based on digital connections. We emphasize the technical emergency element in existing international rules, which shows that technological change is a driving force for competitive regime creation and forum transformation, contributing to the process of fragmentation of the international trading system.

scholarly journals Exploration of Business English Talents Training in Colleges and Universities

2021 ◽  
Vol 17 (2) ◽  
pp. 80
Author(s):  
Li Yan
Keyword(s):  
Economic Globalization ◽  
Colleges And Universities ◽  
Business English ◽  
Foreign Companies ◽  
Cross Border ◽  
Training Mode ◽  
Great Support ◽  
New Business ◽  
English Training ◽  
Further Development

With the further development of economic globalization and information technology, e-commerce has won great support from enterprises. Meanwhile, cross-border e-commerce has broken the traditional form of trade, greatly saving trade costs for enterprises. Therefore, with the rapid growth of cross-border e-commerce, foreign companies and e-commerce enterprises have an increasingly urgent demand for business English talents. So it is necessary for colleges and universities to explore a new business English training mode to train some talents who can better promote economic development based on China’s economic demand.

scholarly journals Compliance Behaviour of New Zealand Exporters with Best Practices of Supply Chain Security

2021 ◽  
Author(s):  
◽  
Vinka Cisternas Torres
Keyword(s):  
International Trade ◽  
Supply Chain ◽  
New Zealand ◽  
Best Practices ◽  
Voluntary Standards ◽  
Cross Border ◽  
Voluntary Compliance ◽  
Areas Of Concern ◽  
Compliance Behaviour ◽  
Number Of Firms

<p>Uninterrupted growth of international trade and the constant threats to global supply chains have led to the emergence of numerous voluntary compliance guidelines based on standards and compliance. Initiatives, such as, the Authorised Economic Operators is the result of the global efforts to facilitate, prevent and secure international trade against cross-border crime. The Authorised Economic Operator is an initiative of the World Customs Organisation and its member countries. Its core philosophy is developing public to private partnerships for the safety of international trade and trade facilitation. These initiatives are growing in scope with a variety of programmes developed by governments. The objective of these programmes is encouraging an ethos of voluntary compliance based on standards, best practices and self-governance. Certified firms can obtain a trusted trader status and cross-border benefits when they demonstrate that their supply chain is secure. New Zealand has its own programme called the Secure Export Scheme. While this programme is voluntary in nature, firms entering the programme are required to adopt, maintain, and comply with the standards of security for their supply chain. This thesis investigates the compliance behaviour of New Zealand exporters with the standards of security of the Secure Export Scheme.  The Authorised Economic Programme is a new concept, and while there is scholarly research of other types of voluntary standards, research in this particular area is minimal. To the best of the researcher’s knowledge, this is one of the first studies to examine the compliance behaviour of firms that have been part of the programme since inception. Accordingly, this study is guided by the various views of the compliance theory and proffers a conceptual framework to delineate the different actors and factors that influence firms’ compliance behaviour. The study measured compliance and non-compliance of firms to understand the underlying patterns with specific best practices. This study contributes towards our current understanding of compliance behaviour. While, overall, the compliance of the New Zealand exporters with the best practices is high, there are some areas of concern. The study further identified that a number of firms were not compliant with certain best practices. This finding indicates that other factors, such as, the way the governing body presents its written requirements might influence the compliance behaviour with those specific best practices. The conceptual model proposed in this study lays the foundation for further research seeking to probe compliance behaviour of Authorised Economic Operators.</p>

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