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Book part
Publication date: 28 May 2024

C. Veeramani

The concept of the “global production network” (GPN) has emerged as a framework for analyzing the intricate connections between a dominant or pivotal firm and its suppliers across…

Abstract

The concept of the “global production network” (GPN) has emerged as a framework for analyzing the intricate connections between a dominant or pivotal firm and its suppliers across various countries. 1 The expansion of GPNs signifies that trade encompasses not only the final products but also the parts and components (P&C) involved in their production. The reduction of tariff barriers and advancements in transportation and communication technology have facilitated the fragmentation of production processes across different countries. This has led to a significant transformation in the nature and structure of global trade. This chapter aims to synthesize and present this literature. By identifying the key drivers, determinants, and consequences of fragmentation trade through a literature-based approach, this study aids in assessing the opportunities and challenges those lagging countries, like India, encounter in terms of increased participation in GPNs.

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International Trade and Inclusive Economic Growth
Type: Book
ISBN: 978-1-83753-471-5

Book part
Publication date: 17 June 2024

Nassir Ul Haq Wani

Export product concentration is common in developing nations, where raw materials and semi-manufactured commodities face rigid demand in international markets. This leads to the…

Abstract

Export product concentration is common in developing nations, where raw materials and semi-manufactured commodities face rigid demand in international markets. This leads to the monopolisation of exports, particularly when targeting the developed world. Association of Southeast Asian Nations (ASEAN) and South Asian Association for Regional Cooperation (SAARC) nations have prioritised diversification to boost exports and per capita income, globalising their economies. The normalised Hirschman index is employed to analyse the determinants influencing the diversification of exports in ASEAN and SAARC countries from 2018 to 2021. Except for the fuel intensity variable, the results show that structural transformation, competitive advantages, industrial sector expansion, institutional capability, local investment development, financial stability and overall economic performance positively promote export diversification intensity. The key result is that institutional strength helps nations rapidly diversify their exports, highlighting the importance of structural transformation in boosting exports and globalising economies.

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Policy Solutions for Economic Growth in a Developing Country
Type: Book
ISBN: 978-1-83753-431-9

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Book part
Publication date: 22 July 2024

Bharti Singh and Anusuya Biswas

Since 1960s it has been realized that the bilateral trade at international level cannot be explained solely by the classical and neoclassical models of trade based on…

Abstract

Since 1960s it has been realized that the bilateral trade at international level cannot be explained solely by the classical and neoclassical models of trade based on inter-industry trade. There is an existence of export and import within the same industry among the trading partners. Intra-industry trade (IIT) for products and product groups has been empirically observed by several studies. However, there is not much literature available on IIT in services. So also, from country perspective many studies are based on IIT for advanced countries. There is not much empirical evidence available for IIT among the emerging economies. The study aims to analyze the IIT in tourism services for five major emerging economies constituting BRICS – Brazil, Russia, India, China, and South Africa. The group constitutes 41% of world population with 24% of world GDP and 16% share in world trade. The study used both static and dynamic approaches to measure the IIT between India and other BRICS nations between 2018 and 2020. To empirically estimate the IIT, the study employs Grubel and Lloyd index and Brülhart index (MIIT). The study reveals that India had a very high level of intra-tourism trade with Brazil and South Africa. While with China and Russian Federation it was moderate. Results denote a correlation between the theory of international trade and tourism. There is two-way trade in BRICS tourism flows.

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Modeling Economic Growth in Contemporary India
Type: Book
ISBN: 978-1-80382-752-0

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Book part
Publication date: 7 June 2024

Tigran Sargsyan

This chapter explores various theoretical and practical issues of sustainable tourism approaches in industrial areas. This includes applying sustainability approaches and ideas to…

Abstract

This chapter explores various theoretical and practical issues of sustainable tourism approaches in industrial areas. This includes applying sustainability approaches and ideas to the growing domain of industrial tourism. The essence, main definitions, and provisions of industrial and sustainable tourism are discussed and summarized, focusing on the use of tourist potential in former and current industrial areas. The case study of sustainability-based industrial tourism development was carried out in three tourist destinations in the USA and Germany: Lowell (USA), the Ruhr River basin, and Papenburg (Germany). Examples of best practices and possibilities for implementation in Armenia are also discussed. Particularly, the use of tourist attractions of mining and metallurgical industries and the “revival” of former industrial enterprises for touristic, cultural, cognitive, and entertainment purposes are framed as priority activities.

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From Local to Global: Eco-entrepreneurship and Global Engagement with the Environment
Type: Book
ISBN: 978-1-83549-277-2

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Book part
Publication date: 10 July 2024

Puteri Sofia Amirnuddin, Thivashini B. Jaya Kumar and Kok Wei Khong

This case concerns a family business in relation to renewable energy, property investment, construction services, civil engineering and mechanical and electrical engineering…

Abstract

This case concerns a family business in relation to renewable energy, property investment, construction services, civil engineering and mechanical and electrical engineering services. The family business was established by two founders who have subsequently appointed their children to handle the management side of the company. The case illustrates the importance of grooming founders' children with technical knowledge and skills in relation to the business area of specialisation. The case also reflects that an autocratic style of management by the founder can form a fragile organisation. When the founder becomes ill, trouble looms as everyone becomes lost when it comes to business direction particularly in times of unprecedented pandemic. This case shows what can happen when there is lack of communication, reasoning and succession planning can do to a family business.

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Asian Family Business Case Studies
Type: Book
ISBN: 978-1-83753-761-7

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Book part
Publication date: 24 July 2024

Aydar M. Kalimullin and Regina Sakhieva

The current structure and content of higher pedagogical education in Russia is a unique interweaving of the traditions of the historical past with post-Soviet and modern reforms…

Abstract

The current structure and content of higher pedagogical education in Russia is a unique interweaving of the traditions of the historical past with post-Soviet and modern reforms of the last 30 years. They reflect the complex process of development of the national teacher training system, each stage of which not only built on the previous one, but also brought something new and more perfect, without denying the previous experience. The current situation in teacher education in Russia is quite diverse and original. Teachers have the opportunity to study in specialised secondary, higher and professionally oriented postgraduate education programmes.

This chapter presents modern higher pedagogical education in Russia as a rather complex and multilevel system. This required a rather in-depth coverage of state policy, structure and content of Federal State Educational Standards. On this basis, the authors planned to achieve a full understanding of the phenomenon of the combination of centralisation and decentralisation of the teacher training process in Russia, where the existing legal and content frameworks nevertheless leave ample opportunities for variability and autonomy in the formation of educational programmes at universities and institutes.

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Book part
Publication date: 26 March 2024

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The Framework for Resilient Industry: A Holistic Approach for Developing Economies
Type: Book
ISBN: 978-1-83753-735-8

Book part
Publication date: 24 July 2024

Roza A. Valeeva, Oksana Vashetina, Tatiana Baklashova, Venera Zakirova, Vera Vlasova and Almaz Galimov

This chapter will explore the main historical trends of the continuous teacher education development in Russia since the 18th century till present. Continuous teacher education in…

Abstract

This chapter will explore the main historical trends of the continuous teacher education development in Russia since the 18th century till present. Continuous teacher education in Russia has been a historically changing problem. Its roots lie in the end of the 18th century but its further formation relates to the emergence and development of open comprehensive schools and the spread of general education and opening the universities throughout the country in the 19th century. At the same time neither in the 18th nor the 19th centuries, teacher education in Russia could not be considered as a system, since its structure did not yet have orderliness, stability, constancy and integrity, even at a minimal level (various educational institutions were abolished and closed, teacher education was just beginning to appear in the regions). Thus, the formation of teacher education as a system fell on the border of the 19th–20th centuries. The topic of continuous teacher education in the USSR received impetus since 1986, when the requirements of scientific and technological revolution determined the task of creating a unified system of continuous education in the Soviet Union. At the same time, the continuous education was not recognised as a guiding principle of the teachers' professional development, although de facto it already existed in the 1920s. The phenomenon of continuity in teacher education, understood as the totality of means and forms of obtaining and deepening teacher education throughout life, existed as early as the beginning of the 20th century.

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Future-Proof Accounting
Type: Book
ISBN: 978-1-83797-820-5

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