... metropolis and business hub.
As a rule, the international economic aspects of the soccer world championships are rarely covered in the media, but ignoring their importance hinders our ability to construct an integral and objective picture of the world economy. And soccer is the most globalized sport across the world.
Despite potential and often inevitable socio-economic costs, the game seems worth the investment.
Transnational corporations are the key actors in the overall processes of globalization ...
... correct model for further development, normalizing relations with Russia and bringing the “Maidan state” in the country to an end.
Loans are the only hope
One of the most serious challenges facing Ukraine is the country’s deteriorating economy. The Ministry of Economic Development and Trade of Ukraine forecasts a 5 per cent drop in GDP for 2014. And this is just the current forecast. “In March, we forecast a drop of 3 per cent, but the situation between March and June has changed,...
... towards the United States is giving way to attempts to diversify its foreign ties. The relations between Egypt and the United States have cooled, and this new factor needs to be taken into account.
There are objective grounds for caution. Egypt’s economy is struggling, while its population is growing rapidly and has already topped the 86 million mark.
The country’s foreign-exchange reserves have shrunk by almost three times to $13 billion since President Hosni Mubarak was toppled in 2011....
... positive discrimination.
The program Broad-Based Black Economic Empowerment is an integrated socio-economic strategy of the South African government that is designed to overcome the negative consequences of apartheid through achieving racial balance in the economy and providing economic privileges to blacks, Indians and Chinese oppressed under the previous segregationist regime. Adopted in 2003,
the BBBEE Act
contains a set of requirements for companies operating in the South African market.
Key BBBEE ...
... 20th century entailed the reevaluation of the role different factors play in economic growth. Natural resources ceased to be regarded as a significant prerequisite for economic development, due to the emergence of service industries and the virtual economy. Furthermore, the idea that natural riches could even hinder economic development gained ground.
It is now becoming increasingly clear that the conclusions drawn about natural resources’ secondary role were somewhat hasty. There is every ...
... appropriate to conclude that Russia and Georgia have retained trade links only in those commodity groups (gas, oil, electricity and cereals) that are key to national security and that, if largely discontinued, could have serious negative implications for the economy.
Russian Export to Georgia by Commodity
[20]
Investment Cooperation between Russia and Georgia
There is a similar situation occurring in capital markets. Russian companies have been fairly successful on the Georgian market but the proportion ...
... impact the foundations of energy cooperation.
RIA Novosti
The second track, which is less evident but more comprehensive in scope, is the global, latent change in zones of economic influence. The world has reached its historic peak in terms of the market economy’s territorial distribution, but development models are becoming increasingly polar. Therefore, the need to build a new world order and a new system of international relations that politicians, businessmen, diplomats and experts have anticipated ...
Interview with Vladimir Mazyrin
Interview
Vietnam’s economy today is in transition. Its economic policy choices being are defined by a desire to embrace innovation as well as by the need to address a whole range of complex, structural problems. Vietnam’s current situation and prospects for the future ...
Interview with Irina Timonina
Interview
One year has passed since Prime Minister Shinzo Abe took up his new economic policy, already labeled Abenomics, which was meant to make a landmark along the path to the revival of Japan's economy. We asked
Irina Timonina
, Doctor of Economics, Dean of International Relations Department at Institute for Business and Business Administration of Presidential Academy of Economy and Business Administration and Professor at MSU Institute for ...
... imports of Chinese products has become extremely acute, as national manufacturers are being forced out of the local market. The Government of Brazil has developed the “
Brazil Maior
” plan for 19 strategic sectors of the country’s economy. The plan includes trade protection measures: tax allowances, preferences in allocating government procurement contracts, soft lending conditions, etc. What are the benefits of the new economic line pursued by Brazil and how will it affect BRICS ...
