Search results

1 – 10 of over 58000
Book part
Publication date: 30 March 2022

Saadat M. Assanseitova, Erlan K. Abil and Saida A. Makhatova

The chapter examines the current state and prospects of cooperation between the Eurasian Economic Union and the BRICS members. Firstly, the chapter describes comparative analysis…

Abstract

The chapter examines the current state and prospects of cooperation between the Eurasian Economic Union and the BRICS members. Firstly, the chapter describes comparative analysis between the economic strategies, which represents the two associations facing similar challenges; set themselves similar goals and objectives to achieve sustainable economic growth. Also, the authors provide an empirical analysis of trade and economic cooperation between the EAEU and the BRICS countries, which shows different levels and dynamics of relations with each member of the BRICS. Furthermore, it is proposed to use new ‘soft’ formats, which, in the authors' opinion, will provide synergistic use of the fundamental platforms for dialogue created in the EAEU and BRICS to intensify cooperation and deepen practical interaction. Finally, the chapter concludes that the potential interaction between the two associations of developing countries would create positive prospects and new opportunities, subsequently accelerating their economic growth. Such consolidation of capabilities of these institutions would transfer such cooperation into a practical direction by implementing the goals defined in the strategic planning of the EAEU and BRICS countries.

Details

Current Problems of the World Economy and International Trade
Type: Book
ISBN: 978-1-80262-090-0

Keywords

Article
Publication date: 23 May 2008

L. Raimi and H.I. Mobolaji

The paper was written to highlight the advantages of initiating economic integration among Muslim countries across the globe, drawing special lessons from Europe's experience; its…

1970

Abstract

Purpose

The paper was written to highlight the advantages of initiating economic integration among Muslim countries across the globe, drawing special lessons from Europe's experience; its successful economic integration and challenges which trailed the process.

Design/methodology/approach

The methodology is basically descriptive and analytical. Theoretical construct and model on economic integration was developed for adoption by the Muslim countries. The model seeks to enhance their economic strength through intra and inter trade relations and reduces their weaknesses through specialization. Secondary data from Organization of the Islamic Conference and Islamic Development Bank member countries were exhaustively used in the study.

Findings

The paper found out that integration is plausible and beneficial, however, a concerted effort must be made in promoting technological development, raise human capital, and improve the product diversification among Muslim countries while developing stable institutions and infrastructures. Two, the potential benefits of integrating exceed the costs. The emphasis needs to be, not in cutting costs/inputs (reductionist approach), but on generating more wealth/revenue/income (incrementalist approach) that results in reducing the huge external debt, poverty, diseases, frustration, and corruption in most Muslim countries. Three, key to Muslims' socio‐economic happiness is through mutual cooperation for growth and development (Qur'an 42:38, Q3:159).

Research limitations/implications

The major contributions of this paper are three, firstly, the paper explores a faith‐based integration effort, and secondly, it identifies reasons for low success in the integration efforts among Muslim countries and finally suggests an econometric model based on faith that neglects the artificial geographical barrier.

Practical implications

The practical implication of the paper is the recommendation to establish a Muslim Economic Bloc because Muslim countries are economically heterogenous group, with uneven development and growth pattern.

Originality/value

The paper is major contribution in the field of Islamic economics and applied economics. Contrary to what we know in the conventional economics, this paper advocates a faith‐based economic model and bloc in a globalised world economy. It is a contribution to existing literature.

Details

Humanomics, vol. 24 no. 2
Type: Research Article
ISSN: 0828-8666

Keywords

Article
Publication date: 1 April 2003

Georgios I. Zekos

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some…

88783

Abstract

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.

Details

Managerial Law, vol. 45 no. 1/2
Type: Research Article
ISSN: 0309-0558

Keywords

Open Access
Article
Publication date: 11 February 2020

Chao Liang and Bai Liu

This study aims to investigate the environmental effects of climate financial fragmentation in the form of emerging multilateral institutions.

1566

Abstract

Purpose

This study aims to investigate the environmental effects of climate financial fragmentation in the form of emerging multilateral institutions.

Design/methodology/approach

Among the countries that have economic relations with China, those involved in climate finance cooperation are taken as the experimental group, and those not involved in other areas are taken as a control group. Using system generalized method of moments regression, the difference-in-differences method is used to test the environmental effects of climate finance cooperation of emerging multilateral institutions. In this way, this study explores the financial and trade mechanisms of cooperation among emerging multilateral institutions.

Findings

The results of this empirical study show that the cooperation of emerging multilateral institutions has a positive impact on the environment. Research results further reveal the financial and trade mechanisms of climate finance cooperation projects. When the invested countries are more likely to obtain international capital, environmental effects will be greater. However, trade intimacy could inhibit the improved environmental effects.

Originality/value

This research is one of the few studies to test the environmental effects of climate financial fragmentation empirically. This study provides a better understanding of the multilateral cooperation of emerging economic entities and China’s climate finance policy, thus providing evidence for the collaborative governance of global climate finance.

Details

International Journal of Climate Change Strategies and Management, vol. 12 no. 3
Type: Research Article
ISSN: 1756-8692

Keywords

Article
Publication date: 1 March 1994

Khi V. Thai and Alex Sekwat

This article identifies major public financial management developments in the European Community (EC). Despite a certain degree of disparity, the EC member countries have had a…

Abstract

This article identifies major public financial management developments in the European Community (EC). Despite a certain degree of disparity, the EC member countries have had a number of common developments in public financial management. In general, central governments of most EC member countries were faced with resource constraints, growing spending demands and large budget deficits. Moreover, fiscal changes had to be made in order to reach the single European market goal targeted by 1992. Thus, several fiscal policy and management initiatives were developed including tax reforms, changes in spending programs, improve-ments of government performance, and fiscal harmonization. The results of these initiatives are reflected in the patterns of central government receipts and outlays in the EC member countries.

Details

Journal of Public Budgeting, Accounting & Financial Management, vol. 6 no. 2
Type: Research Article
ISSN: 1096-3367

Article
Publication date: 18 June 2019

Nils M. Høgevold, Gøran Svensson and Carmen Otero-Neira

The purpose of this paper is to test hypothesized relationships within and between the domains of action and social alignment based on a sales perspective in business…

Abstract

Purpose

The purpose of this paper is to test hypothesized relationships within and between the domains of action and social alignment based on a sales perspective in business relationships.

Design/methodology/approach

This study is based on a cross-industrial sample of Norwegian companies consisting of 213 key informants corresponding to a valid response rate of 40.7 percent.

Findings

The findings validate that coordination relates positively to economic satisfaction (ES); coordination does not relate to non-economic satisfaction (NES); coordination relates positively to cooperation; cooperation relates positively NES; and cooperation mediates between ES and NES.

Research limitations/implications

This study tests and successfully validates an action and social alignment model based on a sales perspective in seller business relationships, providing additional insights into the field of relationship quality and the sales literature. Suggestions for further research are provided.

Practical implications

According to sales practitioners, the research model makes sense in relation to managerial implications for seller business relationships.

Originality/value

This study contributes to incorporating a seller perspective in relation to existing theory and previous studies on a buyer perspective to quality constructs in business relationships.

Details

Marketing Intelligence & Planning, vol. 37 no. 7
Type: Research Article
ISSN: 0263-4503

Keywords

Book part
Publication date: 17 June 2016

Shoko Yamada and Kazuhiro Yoshida

As the sole Asian country in the DAC donor community until South Korea joined in 2010, Japan has been struggling with the pressure to align with the norms and modalities of the…

Abstract

As the sole Asian country in the DAC donor community until South Korea joined in 2010, Japan has been struggling with the pressure to align with the norms and modalities of the community, while having a different history of aid from Western donors and desiring to be unique. This chapter untangles the domestic and international factors that have affected policy making and implementation of the Japanese Overseas Development Assistance (ODA), particularly in education, at different times in its history. The philosophical foundations of Japanese aid policies are examined in the changing political, economic, and social contexts from the 1950s up to the present.

As the Education for All paradigm took the stage, Japanese education ODA has shifted from the mid-1990s to the mid-2000s to primary education from technical and vocational education and training (TVET) and higher education. However, in the post-2015 process, the policies have swung back to give equal emphasis to TVET and higher education as to basic education, reflecting the global trend to make the agenda more comprehensive. While the convergence with the global trend is clear in Japanese ODA, the hesitant desire to be unique always forces Japanese ODA officials and scholars to discuss and try to demonstrate the “Japanese model” of development and aid.

The chapter also points out that the increased presence of other Asian donors in recent years has made Japanese ODA policies driven more by national interests than by global humanitarianism, which is clearly seen in the Development Cooperation Charter adopted in 2014.

Details

Post-Education-Forall and Sustainable Development Paradigm: Structural Changes with Diversifying Actors and Norms
Type: Book
ISBN: 978-1-78441-271-5

Keywords

Article
Publication date: 16 July 2020

Xiangning Wu

The relations between China and Singapore were once exampled as good bilateral relations in the region: stable and promising. Albeit gradually increasing competition, bilateral…

Abstract

Purpose

The relations between China and Singapore were once exampled as good bilateral relations in the region: stable and promising. Albeit gradually increasing competition, bilateral economic cooperation remains to be a stabilizer. However, the ambitious Belt and Road Initiative (BRI) and even more complicated Sino-US relations add up more uncertainties to bilateral relations. This paper aims to examine the fragility of bilateral relations against the overall backgrounds of the dynamic regional balance of power while analyzing the economic cooperation as the stabilizer and reviewing political mutual trust between China and Singapore.

Design/methodology/approach

This paper will apply historical and documentary review and qualitative analysis.

Findings

Led by its pragmatic foreign policy, Singapore hedges against China, even it seeks to deeply engaging China in all dimensions of bilateral ties, including economic, cultural and political. The grand strategy of the BRI signals the era of “keeping low profile”, leaving us far away. It will inevitably change the regional landscape geo-strategically. The USA clearly defines China as a strategic competitor, which represent Sino-US relations will not go back to the past. The traditional counterbalance strategy applied by Singapore works more difficultly when China intends to be stronger politically in the region. Economically and politically, there are no reasons for Singapore not to show positive support for the BRI. However, the BRI essentially provides a warning message that Singapore should explore a more practical and realistic strategy for not being constrained by China's geo-economic strategy. Singapore's picking side and its increasing military budget, China's assertiveness and the changing Sino-US relations imply the looming fragilities to bilateral relations.

Originality/value

The relations between China and Singapore were once exampled as good bilateral relations in the region: stable and promising. However, China and Singapore relations also ran into bumps from time to time over the years. We usually believe it is because of the peculiarity of Singapore's China policy. However, we should not neglect the dynamic regional balance of power and the changing Sino-US relations after the BRI was proposed. To fill this research gap, this paper will review the factors of stabilizers and the factors that bring fragility to bilateral relations between China and Singapore. The paper also argues that it is time for Beijing to make reflections on whether Beijing proposed BRI too early and whether Beijing over addressed on the magnificence and ambitions of the BRI.

Details

Asian Education and Development Studies, vol. 10 no. 1
Type: Research Article
ISSN: 2046-3162

Keywords

Article
Publication date: 4 April 2016

Azam Najafqolinejad and Mohammad Hassanzadeh

The purpose of this paper is to study the cultural integration, the role of national libraries in regional and international cooperation, Economic Cooperation Organization (ECO…

Abstract

Purpose

The purpose of this paper is to study the cultural integration, the role of national libraries in regional and international cooperation, Economic Cooperation Organization (ECO) national libraries’ barriers of cooperation and drivers of their cooperation and to propose a framework (conceptual and operational) for their cooperation.

Design/methodology/approach

Data collection tool of this survey was a researcher-made questionnaire, sent to 30 individuals and experts involved in cooperation of ECO National Libraries from eight institutions. The reliability of the questionnaire was calculated using Cronbach’s alpha. It was 0.91. In this study, for awareness of activities between ECO national libraries and extraction of drivers, some documents were studied, and preliminary data were collected by informal interviews with meeting stakeholders and participants.

Findings

The lack of stability in management positions was one of the major barriers in cooperation of the ECO national libraries. Other major obstacles in this context were lack of continuous communication, lack of common protocols and standards, lack of planning, lack of a central coordinating organization, bureaucracy, etc. Geographical proximity, common history and heritage, common resources, Islamic and cultural factors, importance of information and knowledge, requirements of the international system and political and security requirements were considered as drivers. An information centre was proposed for their active cooperation. Iran is better to host the information centre.

Originality/value

National libraries as the scientific and cultural memory of nations and heirs of written heritage should cooperate and share their valuable scientific and cultural heritage to the future generations.

Details

The Electronic Library, vol. 34 no. 2
Type: Research Article
ISSN: 0264-0473

Keywords

Article
Publication date: 3 March 2023

Wei Yang, Xiaoyun Lao, Qing Zhou and Jian Liu

This study aims to examine how participation in the Belt and Road Initiative (BRI) affects province-level regional economic resilience. In the context of dual circulation – the…

Abstract

Purpose

This study aims to examine how participation in the Belt and Road Initiative (BRI) affects province-level regional economic resilience. In the context of dual circulation – the new development paradigm proposed by the Chinese Government – participating in the BRI is an important means of connecting both international and domestic circulations and achieving high economic resilience. The complex causal relationship between participation in the BRI and province-level regional economic resilience is investigated.

Design/methodology/approach

Based on the complex system view, this study uses fuzzy set qualitative comparative analysis (fsQCA) to examine the impact on regional economic resilience when provinces participate in the BRI through unimpeded trade, infrastructure connectivity, financial integration and people-to-people bonds under the two conditions of attention allocation and buffering capacity. Qualitative textual analysis is applied to analyse provincial work reports, and relevant statistical data are used to measure the economic resilience from 2013 to 2020.

Findings

The authors identified three condition configurations that lead to a high regional economic resilience at province-level and one condition configuration that lead to no high-level regional economic resilience.

Research limitations/implications

In-depth analyses of qualitative materials should be conducted to explain the systematic relationships among the conditions.

Originality/value

This research is of practical significance to the development of the theoretical framework and practices of the BRI in the context of dual circulation.

Details

Chinese Management Studies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1750-614X

Keywords

1 – 10 of over 58000