scholarly journals Re-Emergence of Fiscal Rule after 2008 Global Crisis: An Evaluation for the European Union and OECD Countries

2016 ◽  
Vol 18 (1) ◽  
pp. 173-198 ◽  
Author(s):  
Kamil Güngör
Keyword(s):  
European Union ◽  
Oecd Countries ◽  
The European Union ◽  
Global Crisis ◽  
Fiscal Rule

scholarly journals The Effect of the European Union Customs Union on the Balance of Trade in Turkey

2017 ◽  
Vol 52 (4) ◽  
pp. 219-232 ◽  
Author(s):  
Natalya Ketenci
Keyword(s):  
European Union ◽  
Gravity Model ◽  
Generalized Method Of Moments ◽  
Oecd Countries ◽  
Dynamic Panel Data ◽  
Customs Union ◽  
The European Union ◽  
Before And After ◽  
Balance Of Trade ◽  
The Impact

This article investigates the effect of the customs union between Turkey and the European Union on the balance of trade in Turkey. The framework for analysis is an extended trade gravity model onto which the impact of the customs union is applied. The gravity model of trade is estimated using dynamic panel data which applies the generalized method of moments to a sample of OECD countries. Separate estimates were made for the periods before and after the process of trade liberalization in Turkey—1980–1995 and 1996–2012, respectively—as well as for the full period—1980–2012. The main conclusion is that when the European Union is accounted for as an econometric variable, the empirical results are striking: Turkey’s gains resulting from taking part in the customs union are noteworthy, with significant improvement in the trade balance with European Union countries. However, the trade flows, and specifically imports, have been mainly with OECD countries that are themselves not members of the EU. The model indicates that external common tariffs are responsible for Turkey’s trade growth rather than tariffs abolished in the internal market of the customs union.

scholarly journals Globalna konwergencja czy globalna dywergencja mechanizmów wsparcia rolnictwa?

2017 ◽  
Vol 104 (3) ◽  
pp. 44-53
Author(s):  
Piotr Kułyk ◽  
Łukasz Augustowski
Keyword(s):  
European Union ◽  
New Zealand ◽  
South Korea ◽  
Financial Support ◽  
Oecd Countries ◽  
Global Scale ◽  
The European Union ◽  
The Usa ◽  
Agricultural Support ◽  
Beta Convergence

This paper presents the problems of changes in financial support for agriculture estimated through the PSE indicator and their possible convergence. The analysis was carried out using sigma and beta convergence absolute between 1986 and 2015. Australia, Canada, Japan, South Korea, New Zealand, Turkey, the USA and the European Union included the regions analyzed. The aim of the article was to confirm or deny the existence of convergence of support for agriculture on a global scale. The study did not confirm the hypothesis of the co­nvergence of agricultural support. These conclusions coincide with previous investigations for OECD countries

Global external debt during COVID-19 pandemic

2021 ◽  
pp. 54
Author(s):  
Igor Balyuk
Keyword(s):  
United States ◽  
European Union ◽  
Developing Countries ◽  
Great Britain ◽  
Economic Crisis ◽  
External Debt ◽  
The United States ◽  
The European Union ◽  
Global Crisis

The article contains an analysis of the dynamics and structure of the external debt of various countries and groups of countries in the context of the coronavirus pandemic. The authors conclude that at the beginning of 2021, the ratio of external debt to GDP almost reached the level that was noted on the eve of the global financial and economic crisis of 2008-2009. A trigger for a new global crisis may be the exacerbation of problems in one or more segments of the economy of the European Union, Great Britain, the United States, or a number of large developing countries.

scholarly journals Going Digital Toolkit platform as a monitoring tool of the digital transformation in the Russian Federation

2019 ◽  
Vol 16 (5) ◽  
pp. 15-30
Author(s):  
Р. Е. Prokhorov
Keyword(s):  
European Union ◽  
Information And Communication Technologies ◽  
Russian Federation ◽  
Oecd Countries ◽  
Digital Transformation ◽  
Federal State ◽  
The European Union ◽  
The Russian Federation ◽  
Platform System ◽  
The Eu

Purpose of the study. OECD «Going Digital Toolkit» is one of the tools for monitoring of the digital transformation. Platform can helps to quantify various areas of digitalization and provides a comprehensive description of the changes in the socio-economic sphere.  Despite the Going Digital Toolkit platform has the objective advantages, this tool is practically not used by Russian researchers.  The purpose of this study is to analyze the possibility of using «Going Digital Toolkit» platform as a tool for monitoring the development of the digital economy in the Russian Federation.  Materials and methods. To achieve the goal of the study, a comparative analysis of the indicators of the Going Digital Toolkit platform was carried out on the OECD countries, European Union countries and the Russian Federation. Research was carried out to:  1) identify the presence of certain indicators in the platform system in case of the analysis the Russian Federation;  2) investigate the relevance of data on indicators presented in the platform system for the Russian Federation;  3) analyze the position of the Russian Federation regarding the OECD and the EU;  4) determine reserves to achieve monitoring integrity based on Russian state statistics and other sources;  5) develop the recommendations for improving the statistics of digital transformation in the Russian Federation.  Along with the information published on the Going Digital Toolkit platform, the data of the Federal State Statistics Service (Rosstat) and the data of the Ministry of Digital Development, Telecommunications and Mass Communications of the Russian Federation were used.  Results. The position of Russia can be assessed as «lagging» in comparison with the countries of the European Union and the OECD. For most indicators that characterize access and use of the Internet, e-commerce and skills, Russia does not exceed these countries. In some cases, the twofold superiority of the EU and OECD countries over the Russian Federation makes it impossible to make an optimistic forecast to correct the current situation in the near future. However, the position of Russia identified on the basis of the platform’s data does not reflect the situation in real time, which suggests positive dynamics in some of the indicators presented.  The issue of using the platform as a tool for monitoring digital transformation in the Russian Federation is debatable. The incompleteness of the information presented in Russia makes the tool impractical, however, the available information, together with the functional advantages of the analytical platform, opens up new opportunities for users.  Conclusion. The Going Digital Toolkit platform acts not only as an interactive tool for analyzing numerical values for a number of indicators, but also as a standard of a system of statistical indicators necessary for measuring processes and phenomena of digital transformation. The platform can serve as a guide for national statistical agencies in the development of relevant surveys and improve the methodological foundations of statistics in the field of information and communication technologies.  

Brexit Problem as a Component of the EU System Crisis: Analysis Based on Systemic Methodology in the Context of Reproduction Theory

2020 ◽  
Vol 144 ◽  
pp. 42-49
Author(s):  
Lidiya N. Krasavina ◽  
Keyword(s):  
European Union ◽  
European Integration ◽  
Prime Minister ◽  
The European Union ◽  
Donald Trump ◽  
Global Crisis ◽  
Eu Countries ◽  
The Us ◽  
External Causes ◽  
The Eu

The article analyzes the Brexit problem, the solution of which has been delayed: four years passed from the referendum on Britain’s withdrawal from the European Union (February 16, 2016) till signing of the Brexit Act by Prime Minister Boris Johnson (January 31, 2020). The article's novelty consists in assessing Brexit as a manifestation of the system crisis of the European Union (EU), officially recognized by the European authorities in 2015 due to violation of the development regularities of the European integration and the global crisis consequences. Based on systemic methodology in the aspect of reproduction theory, the internal and external causes of Brexit are analyzed. The author identifies a change in the US attitude to Brexit — from Barack Obama's negative position to active support by Donald Trump in order to break down the European Union as a collective competitor composed of twenty-eight integrated countries. This is facilitated by the loss of economic sovereignty of the EU countries under US pressure. Possible British benefits and risks of losses as a result of exit from the EU are analyzed.

scholarly journals Crisis formation in Russia’s relations with the European Union and the Western community: Prospects for changes

2021 ◽  
Vol 14 (2) ◽  
pp. 139-155
Author(s):  
Alexander Izotov ◽  
Keyword(s):  
European Union ◽  
Foreign Policy ◽  
Economic Interdependence ◽  
The European Union ◽  
Key Factors ◽  
Current Crisis ◽  
Global Crisis ◽  
Member States ◽  
Political Values ◽  
The Eu

The article analyzes the current crisis in relations between Russia and the European Union (EU) which is part of a more global crisis in the relations between Russia and the Western community that can be analyzed in terms of the Russian-Western “cool war” concept. Firstly, the main trends in relations between Russia and the EU since the early 1990s are analyzed within three main dimensions of their interactions (economic interdependence; political values and institutions; foreign policy dimension) in the context of relations between Russia and the Western community. The article then examines how the current crisis and its key factors (relations between Russia and the EU in their common neighborhood; mutual sanctions regimes established by Moscow and Brussels against each other; transformation of the relations between Russia, the EU and its member states as a result of the crisis) are analyzed and discussed by the Western and Russian academic and expert communities. Specific attention is paid to the issues and problems that are prioritized by Russian and Western scholars, how they have been studied, how the scholars and experts reveal the causes and consequences of the relevant aspects of the current crisis in the EU-Russia relations in the context of a more global confrontational stagnation in the relations between Russia and the Western community. Conclusions are made regarding prospects for any changes in the current crisis of EU-Russia relations, and the factors that could stimulate or limit these changes are outlined.

Sign in / Sign up

Export Citation Format

Share Document