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Open Access
Article
Publication date: 12 December 2023

Wen Zhou

Expanding and developing the theoretical implications of socialist market economy with China’s experience.

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Abstract

Purpose

Expanding and developing the theoretical implications of socialist market economy with China’s experience.

Design/methodology/approach

In the course of exploring the development of a market economy, China has given full play to the advantages of the socialist system, which has distinguished itself from the Western countries and some of its developing peers. China's market economy is not directly transplanted and copied from the West. China not only insists on growing its market economy but also unswervingly sticks to the socialist orientation of its market economy.

Findings

So far, the socialist market economy has proved to be more effective than the conventional one-sided, planned economy and also outperforms the capitalist market economy.

Originality/value

The socialist market economy has surpassed the conventional planned economy and the capitalist market economy – it is a reconstructed and reshaped mechanism and system as well as a successful and new path of market economy explored by China through reform and opening up, rather than a counterpart of Western market economy or the simple combination of socialism and market economy.

Details

China Political Economy, vol. 6 no. 1
Type: Research Article
ISSN: 2516-1652

Keywords

Article
Publication date: 17 July 2024

Yi-Hui Ho and Chieh-Yu Lin

This study attempts to explore the association between circular economy implementation and sustainability performance for the textile industry in Vietnam. This study also…

Abstract

Purpose

This study attempts to explore the association between circular economy implementation and sustainability performance for the textile industry in Vietnam. This study also investigated the influences of corporate green commitment on implementing circular economy practices as well as the moderating effect of corporate green efficacy on the relationship between corporate green commitment and circular economy implementation.

Design/methodology/approach

The circular economy practices in the study were divided into three categories: internal environmental management, eco-design, and investment recovery. Sustainability performance consists of economic performance, environmental performance, and social performance. A questionnaire survey on Vietnam’s textile companies was conducted in the study to test the proposed research framework.

Findings

Research findings reveal that corporate green commitment significantly influences the implementation of circular economy practices, and circular economy practices have significantly positive influences on sustainability performance. Corporate green efficacy significantly moderates the association between corporate green commitment and circular economy implementation.

Originality/value

As one of the first empirical studies focusing on the circular economy issues in Vietnam’s textile industry, this study extended the understanding of the antecedents and consequences of implementing circular economy practices. The research results are theoretically and practically meaningful.

Details

International Journal of Clothing Science and Technology, vol. 36 no. 5
Type: Research Article
ISSN: 0955-6222

Keywords

Open Access
Article
Publication date: 19 July 2024

Mayada Aref

The sharing economy, supported by digital platforms, efficiently matches the demand and supply of underused resources. Expanding globally and impacting different industries is…

Abstract

Purpose

The sharing economy, supported by digital platforms, efficiently matches the demand and supply of underused resources. Expanding globally and impacting different industries is offering a new path to sustainable resource consumption. The United Nations endorsed the sustainable development goals (SDGs), responding to a global call to end poverty, protect the environment and ensure that by 2030, everyone lives in peace and prosperity. Researchers have linked the sharing economy with SGDs, and extensive efforts have been exerted to quantify its impact.

Design/methodology/approach

Due to its evolving nature, especially in developing countries, there is a need for research to assess its promises and challenges from the SDG perspective. This research fills in this gap and contributes to the sharing economy studies by exploring its evolution within the framework of sustainable development goals, followed by an assessment of various methodologies for measuring the sharing economy and highlighting the significance of the web mining technique.

Findings

The proper implementation of this decentralized business model within a country is encouraging optimal resource use, lowering energy consumption and increasing long-term economic development. The sharing economy is a disruptive force that addresses the pillars of sustainability.

Originality/value

The research holds importance in addressing the achievement of the SDGs through the sharing economy, necessitating focus from policymakers and scholarly discourse on its merits. The transformative impact of the sharing economy poses questions about its encouragement or regulation, with the potential to disrupt established monopolies and possibly create new ones. Its successful implementation underscores the significance of effective data sharing and governance.

Details

Journal of Internet and Digital Economics, vol. 4 no. 2
Type: Research Article
ISSN: 2752-6356

Keywords

Article
Publication date: 1 September 2016

Zhuorong Du

With the development of science and technology, the acceleration of urbanization, and the increasing prominence of eco-environmental problems, how to coordinate the relationship…

Abstract

With the development of science and technology, the acceleration of urbanization, and the increasing prominence of eco-environmental problems, how to coordinate the relationship between economic development and the natural environment becomes a research hotspot for related research institutions at home and abroad. Thus, we conducted research on the planning framework of the circular economy eco-city. We introduced the theoretical basis of circular economy and eco-city; analyzed the current situation of Wafangdian from the aspects of economy, environment, and society; and established the eco-city index evaluation system based on circular economy. We also employed principal component analysis to confirm the weighting of each index, evaluated the economic situation of Wafangdian using the sum of the weightings, analyzed the economic development status of the city from 2011 to 2015, and identified the advantages and disadvantages to the cycle of economic development in Wafangdian. Finally, we provided several suggestions on the circular economy in the construction of the Wafangdian eco-city from large, medium, and small hierarchies. Practices have shown that research on the planning framework of the circular economy eco-city has a positive effect on the sustainable development of humans and nature.

Details

Open House International, vol. 41 no. 3
Type: Research Article
ISSN: 0168-2601

Keywords

Open Access
Article
Publication date: 31 December 2008

Jai S. Mah

This paper examines the effectiveness of the social and political factors as the determinants of antidumping duties against the transition economies. The empirical evidence shows…

Abstract

This paper examines the effectiveness of the social and political factors as the determinants of antidumping duties against the transition economies. The empirical evidence shows that protectionist pressures tend to be strengthened against them with low labor standards, although protectionist tendencies with respect to social dumping are not so apparent in actual impositions of antidumping duties. There is a weak evidence that the different degrees of democraticness influenced the protectionism against the transition economies during the late 1990s, while such an effect is not found during the period of 2002-2006, as the concerned countries passed the initial stage of transition.

Details

Journal of International Logistics and Trade, vol. 6 no. 2
Type: Research Article
ISSN: 1738-2122

Keywords

Article
Publication date: 1 December 1989

David L. McKee

The article attempts to reassess the world economy with an eye tounderstanding what is automatic about it and thus beyond the control ofnational economies. Towards that end…

Abstract

The article attempts to reassess the world economy with an eye to understanding what is automatic about it and thus beyond the control of national economies. Towards that end, Schumpeterian analysis is applied in an effort to illustrate how changes occur and how such changes affect discrete units or subsets of international capitalism. The discussion suggests that firms with leadership roles in national economies may bring those economies down with them if they lose their position in the world economy. It also suggests that the international economy may provide firms with a more flexible climate which in turn may prolong their effective lives. The major policy implication for governments is that such institutions may no longer have it within their preserves to control economic activities spawned in the international arena.

Details

International Journal of Social Economics, vol. 16 no. 12
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 1 October 1999

Roger Hallowell

The consolidation of numerous highly‐fragmented US service industries has attracted considerable capital inflows during the 1990s. Fundamental questions about this phenomenon…

2527

Abstract

The consolidation of numerous highly‐fragmented US service industries has attracted considerable capital inflows during the 1990s. Fundamental questions about this phenomenon include the sources of value in consolidations, and how these firms avoid the diseconomies of scale and scope noted in the service management literature. This paper introduces the consolidation phenomenon, discusses relevant theory, and begins to develop a framework useful in the understanding of scope economies for services.

Details

International Journal of Service Industry Management, vol. 10 no. 4
Type: Research Article
ISSN: 0956-4233

Keywords

Article
Publication date: 1 October 2002

Vladimer Papava

The paper offers a new view of the process of post‐Communist transformation of an economy. The collapse of the Communist regime had the result that with rare exceptions all goods…

3284

Abstract

The paper offers a new view of the process of post‐Communist transformation of an economy. The collapse of the Communist regime had the result that with rare exceptions all goods produced in these countries were incompatible with international standards due to low quality and/or high prices. The economy of that type can be referred to as “dead” economy, or “necroeconomy”. “Routine”, which has been deeply rooted in the command economy over many decades, is the reproductive base of necroeconomy. The “routine” which reproduces necroeconomy depends, inter alia, on the behavior of the homo transformaticus, who in the realm of entrepreneurship assumes a title of “post‐delets”. The end of necroeconomy is the only true indicator of the end of post‐Communist transformation.

Details

International Journal of Social Economics, vol. 29 no. 10
Type: Research Article
ISSN: 0306-8293

Keywords

Open Access
Article
Publication date: 17 December 2019

Aiwu Zhao, Hongjun Guan and Zhenzhen Sun

High-quality development of marine economy is a new concept put forward in response to the current national strategy in China. The purpose of this paper is to thoroughly…

1444

Abstract

Purpose

High-quality development of marine economy is a new concept put forward in response to the current national strategy in China. The purpose of this paper is to thoroughly understand the connotation and significance of high-quality development of marine economy through literature review, and further analyze the prospects for further research.

Design/methodology/approach

The authors first use the information visualization technology of CiteSpace to present a systematic review of the published literature from 2010 to 2019. Then, the authors analyze the researches on high-quality development of marine economy in terms of connotation, evaluation dimension, development path and guarantee mechanism.

Findings

Analysis results show that there is still insufficient understanding of the differences and links between the high-quality development of marine economy and the construction of marine power, intelligent ocean and transparent ocean.

Originality/value

Based on a thorough understanding of the subject, this paper puts forward the direction of further research on evaluation index system, path design scheme and policy system construction for high-quality development of marine economy.

Details

Marine Economics and Management, vol. 2 no. 2
Type: Research Article
ISSN: 2516-158X

Keywords

Article
Publication date: 26 August 2014

Abbas Ali

The purpose of this paper is to address the future role of emerging economies in the global marketplace. The paper highlights current trends in the global market and the changing…

3725

Abstract

Purpose

The purpose of this paper is to address the future role of emerging economies in the global marketplace. The paper highlights current trends in the global market and the changing role of emerging economies.

Design/methodology/approach

The paper discusses various perspectives on the role of emerging economies in a globalized world. The paper relies on recent debates on the state of the global economy and the changing positions of emerging economies in the world market.

Findings

The paper devises six categories for today’s emerging economies: advancing player, reluctant player, repositioning player, the defender, the chained player and the retreating player. These classifications set the stage for a thoughtful discussion on the potential roles of emerging economies in a world that is characterized by constant changes and alternating positions of major players.

Originality/value

The paper provides unique perspectives on emerging economies, while refuting those who attempt to marginalize their roles in today’s marketplace. It makes a powerful argument that in the era of globalization, neither the developed world nor the emerging economies can lead without the other.

Details

International Journal of Commerce and Management, vol. 24 no. 3
Type: Research Article
ISSN: 1056-9219

Keywords

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