scholarly journals The Long Twentieth Century & The Cultural Turn: World-Historical Origins of the Cultural Economy

2011 ◽  
pp. 39-57 ◽  
Author(s):  
Benjamin D. Brewer
Keyword(s):  
World Economy ◽  
Economic Restructuring ◽  
Global Capitalism ◽  
Cultural Economy ◽  
Finance Capital ◽  
The World ◽  
Institutional Foundations ◽  
Modern Condition ◽  
Cultural Turn ◽  
Do So

In this essay I link Giovanni Arrighi's world-historical framework in The Long Twentieth Centuryto debates about the "cultural turn" in global capitalism since the 1970s. I do so primarilythrough interrogation of the writings of one of the major figures in such debates: FredricJameson. In his Jameson's engagementwithArrighi's, he emphasizes the determinative influenceof finance capital on an expansion in the degree of cultural abstraction and fragmentation that isemblematic of the post-modern condition. Building on this linkage, I extend and elaborateArrighi's analysis of historical capitalism's cycles of accumulation, in which periods of materialexpansion give way to phases of financial expansion and accelerated restructuring of theorganizational and institutional foundations of the world-economy. I conclude that Jameson'sassertion of a link between the financialization of the world economy and post-modern culturalforms is best understand as a correlative rather than a causal relationship, for the growingsalience of finance capital and the new forms and degree of cultural abstraction are themselvesboth dimensions of the more fundamental socio-economic restructuring attending a period offinancial expansion.

scholarly journals Prospects for Vietnam’s Economy in 2013

2013 ◽  
Vol 215 ◽  
pp. 02-11
Author(s):  
NGÂN TRẦN HOÀNG
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
World Economy ◽  
Inflation Rate ◽  
Economic Restructuring ◽  
Short Term ◽  
Economic Growth Model ◽  
The World ◽  
Global Growth

In 2012, Vietnam?s economy faced great challenges. The world economy experienced more difficulties and complicated upheavals. International trade fell drastically while global growth rate was lower than predicted target, which affected badly the Vietnamese economy because of its full integration into the world economy and large openness. In this context, principal targets set for 2013 are macroeconomic stability, lower inflation rate, higher growth rate, three strategic breakthroughs associated with restructuring of the economy, and a new economic growth model. This paper analyzes obstacles to Vietnam?s economic growth, and offers short-term solutions to bottlenecks and long-term ones to the economic restructuring.

scholarly journals ETIKA GLOBAL GUNA MENGENDALIKAN KAPITALISME GLOBAL

LOGOS ◽  
2019 ◽  
Vol 14 (2) ◽  
pp. 68-88
Author(s):  
Febry Ferdinan Laleno
Keyword(s):  
World Economy ◽  
Global Capitalism ◽  
Global Ethics ◽  
Economic Ethics ◽  
Global Order ◽  
Policy Makers ◽  
Human Needs ◽  
Free Competition ◽  
The World ◽  
Modern Era

The picture of world economy is increasingly leading to global capitalism thathas been considered as an ideal. Capitalism makes entrepreneurs have the samechance and freedom to optimizing their business in free competition andmarket mechanism. Through this way, they expect that prosperity can be realized. This idealized image becomes gloomy as the world is still colored bythe ongoing economic crisis in this modern era and the facts show that there arestill many people in the world who are living in poverty, unemployment, hunger, and the threat of ecosystem destruction. In this context, ethics is the answer to human needs. Global Ethics according to Hans Küng brings full human values, commitment to life, fair economic order, culture of tolerance, and cooperation among humans. Global Ethics can be a first step for entrepreneurs and policy makers to create a culture of positive economic. The effort to realize a more humane global order should be enforced based on a commitment to a fundamental consensus. This consensus contains the outlines of the new paradima of economic ethics which can manage global capitalism to obtain an economic policy that can serve all mankind for the sustainable future of the world

PROSPECTS FOR INTERNATIONAL INVESTMENT COOPERATION IN THE FIELD OF AGRICULTURE

1970 ◽  
pp. 9-13 ◽  
Author(s):  
Abdulla Walid Latif ◽  
Z. R. Kodzhakova
Keyword(s):  
United Arab Emirates ◽  
World Economy ◽  
International Investment ◽  
Local Production ◽  
Food Sector ◽  
Steady Growth ◽  
Gcc Countries ◽  
Gulf Countries ◽  
The World ◽  
Do So

The article is devoted to the main issues of trade and economic cooperation between Russia and the countries of the Cooperation Council for the Arab States of the Gulf which includes Bahrain, Saudi Arabia (KSA), United Arab Emirates (UAE), Kuwait, Qatar and Oman (hereinafter GCC). Despite the steady growth of the economic indicators of the Gulf countries (GDP growth rates of the GCC countries are higher than the world average) and tremendous success in strengthening positions in the world economy, the problem of food security in the region is quite acute. Actually, these countries focused on what they consume and will continue to do so, since local production of most of the food they need is not viable. In our article we tried to show that the development of diversification in the food sector of the Gulf countries requires a reorientation of investment flows. Today, the interest of Arab investors in versatile cooperation with Russia has seriously increased: the interest of the Governments and business circles of the GCC countries in the development of trade, investment and scientific and technical ties with Russia has increased.

The Challenge of Global Capitalism: The World Economy in the 21st Century

2001 ◽  
Vol 47 ◽  
pp. 217
Author(s):  
Daniel Drache ◽  
Robert Gilpin
Keyword(s):  
21St Century ◽  
World Economy ◽  
Global Capitalism ◽  
The World

The Challenge of Global Capitalism: The World Economy in the 21st Century. By Robert Gilpin, with the assistance of Jean Millis Gilpin. Princeton, NJ: Princeton University Press, 2000. 373p. $29.95.

2001 ◽  
Vol 95 (1) ◽  
pp. 257-258
Author(s):  
Sylvia Ostry
Keyword(s):  
International Relations ◽  
21St Century ◽  
Global Economy ◽  
World Economy ◽  
Global Capitalism ◽  
The Internet ◽  
Financial Flows ◽  
Princeton University ◽  
The World ◽  
World Econ

The word globalization first appeared in the second half of the 1980s and now has become the most ubiquitous in the language of international relations. It has spawned a new vocabulary: globaloney (Why all the hype when the global economy was more integrated in the age of Queen Victo- ria?): globaphobia (the new, mainly mistaken, backlash); globeratti (the members of the international nongovernmen- tal organizations [INGOs] who travel around the world from conference to conference, except when they are on the Internet mobilizing for the next conference), and so on. For Robert Gilpin, among the world's most eminent scholars of international relations, globalization is insightfully defined as the deepening and widening integration of the world econ- omy by trade, financial flows, investment, and technology.

scholarly journals Global Economy: New Risks and Leadership Problems

2020 ◽  
Vol 8 (1) ◽  
pp. 7
Author(s):  
Viacheslav M. Shavshukov ◽  
Natalia A. Zhuravleva
Keyword(s):  
Global Economy ◽  
World Economy ◽  
Economic Restructuring ◽  
Continuous Change ◽  
Global Finance ◽  
Macroeconomic Analysis ◽  
Study Results ◽  
The World ◽  
The Usa ◽  
Special Drawing Rights

After the global crisis of 2008–2009, the world economy entered the era of restructuring. This article focuses on the risks that a new leader will face in the process of shaping the world economy. The methods employed in the research include big data processing of continuous change and the results of the symmetric macroeconomic analysis based on the statistics collected by the International Monetary Fund (IMF), The Word Bank (WB), Bank for International Settlements (BIS), Central banks and Treasuries. The study results proved that the recessionary processes, their depth and global nature, are caused by a combination of world financial system crises and general civilization problems. These new systemic risks for the world economy might result in new global crises that will limit the resources of international financial institutions for sustainable development. Besides, for most banks these crises will mean shifting a big share of derivatives to the off-balance liabilities, using Special Purpose Vehicle (SPV) in deals, followed by an increase in state and corporate debts, trade wars, a slowdown of economic development in China, and widening contradictions between global and national finances. Regular research and systematization have developed certain guidelines for the global economic restructuring process. First of all, it is recommended on the base of interstate compromises to focus on international agreements to ensure a solid foundation for global finance. On the basis of the comparative analysis carried out for the USA, China and other counties, it was made clear that no one leader in world economy in 21st century views the world reserve as based on the currency of one country only. Instead, there will be a slow transition to using Special Drawing Rights (SDR) with a basket from 15–20 currencies G20.

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