Globalization Of World Economy Research Articles

MEANING CHANGES OCCURRING IN PHRASEOLOGY DURING THE TRANSLATION PROCESS

Today, the globalized world economy, international communication and political relations make translation very important. Electronic education and electronic commerce can also be added to this. Transmitting mass media information as quickly and intelligibly as possible also makes the demand for translation extremely important. The most important factor in the success of a translation is always the translation that takes into account the national tradition, the people's worldview, the way of thinking, the belief and faith. The translation includes not only the given text, but also the culture, and presents a new option by analyzing the relevance and close connection between the languages. In the article, the main aspects of the importance of translation, the changes that occur during translation, the preservation of national moral color, how translation mediates between two languages, the changes in meaning that occur during the transformation of phraseological combinations, and the examples of how high result-oriented translation takes place are examined.

A Review of Huawei's Strategic Based on SWOT Analysis

In recent years, the rapid development of China's technology and information economy, the Internet, big data, cloud computing, artificial intelligence, blockchain and other technologies to accelerate innovation, creating a huge development space and development opportunities for communications equipment manufacturing and sales class enterprises. Under the trend of world economic globalization, the competition among enterprises is becoming increasingly fierce, which means that the traditional management concept can no longer meet the development needs of enterprises. Modern enterprises pay more attention to strategic thinking, and try to combine, extend and apply it with management in order to seek long-term development. Strategic management has also become the focus of scholars' research.This paper take Huawei Investment Holding Co., Ltd. as an example to analyze, the main study of the enterprise in the development process to adopt a variety of corporate strategies, and this paper will also use SWOT analysis of corporate strategies. The results find that Huawei has great advantages in interms of the four aspects of SWOT. This study brings reference significance and direction for the development of electronic technology enterprises.

Stylistically Marked Names of Office Workers in German Language

The research of the linguistic image of an office worker, their behavior and character is an understudied area of linguistic science. The importance of the corporate, business and professional culture of corporate employees is increasing
 due to the ongoing processes of globalization in world economy and the increase in the number of joint ventures with foreign companies, as well as the importance of optimizing intercultural communication in the business sphere.
 The norms of behavior, ethical code, priorities and ideas of the national and social experience of native speakers of certain languages are recorded in the vocabulary of the language under study. Knowledge of the norms and values of another culture plays an important role in demonstrating adequate behavior and achieving successful communication when speaking a foreign language. Such cultural values, norms and rules are
 often identified through the analysis of their violation, including the process of collective labour activity. When faced with various kinds of violations, the employee expresses their
 attitude towards these negative occurrences. Thus, the anthropological picture of the world and its priorities are actually reflected through the prism of violations of norms
 and rules of etiquette surrounding the employee at their workplace.
 The article deals with the semantics and structure of stylistically marked lexemes that negatively nominate various office workers (a boss, a secretary, an employee) and their intercommunication. Most of the analyzed lexemes occur as a result of metaphorical reinterpretation, have a negative assessment and are composites.
 The research of the problem under study in a comparative aspect is proposed as a direction for future research.

Research on the Relationship Between International Trade and Network

In a rapidly globalizing world economy, international trade is undergoing unprecedented growth, marked by technological advancements, energy demand, and currency fluctuations. This study explores the intricate interplay between trade networks and international commerce. As the global economy transforms, this research sheds light on key trends and characteristics shaping the international trade landscape. Through an extensive review of relevant literature, this paper investigates the role of trade networks in international trade dynamics. It delves into the significance of network structures and their impact on trade patterns, revealing insights about the core-periphery structure where advanced economies dominate while others form the periphery. The study focuses on the international trade network's features, including its virtualization, globalization, and intelligent attributes. It examines how businesses adapt to digitalization, interact through virtual platforms, and embrace the knowledge-driven nature of modern trade networks. Additionally, the research explores the implications of trade networks for enterprises, emphasizing market penetration, supply chain efficiency, brand influence, technological innovation, and resource integration. The study highlights the works of various scholars who have analyzed international trade networks. Research findings underscore the importance of understanding network structures, role centrality, and the impact of digitalization on global trade. By analyzing the evolution of trade networks and their implications for different economies, this study offers valuable insights for policymakers and businesses navigating the complex landscape of international trade. Overall, this thesis contributes to a comprehensive understanding of the relationship between international trade and network structures, paving the way for more informed decisions in a rapidly changing global trade environment.

Digital Transformation and Innovation Strategies for Traditional Retail Stores

Due to the global pandemic and world economy recession, the passenger flow of the retail industry is still relatively weak. Many countries have strengthened measures to prevent and control the epidemic, and then temporarily closed their stores. This reminds businesses that COVID-19 is still an ongoing challenge. This paper aims to identify the possible digital solutions for traditional offline retail stores to embrace digital innovation to become more smart and efficient. This research theme is to explore the feasibility of introducing a digitized business model into traditional retail stores using JD sports as the case. Business Model Canvas is used to identify the existing business model of JD retail shops, while Innovation Ambition Matrix is designed for making the innovation plan. The latest business model is presented with the help of the Customer Journey Map. By implementing the model, JD's traditional retail shop will reduce labour costs and increase operational efficiency, strengthening its competitive advantages.

Improvement of organization and automation of commercial enterprise electronic money accounting in conditions of economy digitalization

In the conditions of digitization of the globalized world economy, Ukrainian enterprises have an informational request for methodical recommendations regarding the technique of conducting and computerized accounting of electronic money payments, which are an innovative form of settlement transactions. The purpose of the study was to form actual methodological recommendations regarding the organization of automated accounting of payments in electronic money at the enterprise, as well as to justify the choice of the necessary software product for this purpose. To achieve the goal, the method of morphological analysis, comparative and critical analysis, system-structural approach, bibliographic method was used. Ukrainian enterprises are suggested to implement accounting work with electronic money in two successive steps. The transformations that will take place in the accounting work for settlement transactions of the enterprise in the case of the introduction of national digital currencies are substantiated. The technological possibilities of using neural networks for processing arrays of data regarding electronic money calculations carried out in payment systems are explained. It has been proven that, according to the forecasted trends, it is expedient for Ukrainian enterprises to switch from local accounting software products to the use of cloud services. Functional capabilities of 12 cloud-based software solutions popular in Ukraine for automating accounting and analytical work were analysed, from the point of view of the possibility of computerized accounting of settlement operations in electronic money. The advantages and disadvantages of individual SaaS services are explained, and the expedient ones are recommended for use. Recommendations were made to adjust the Order on accounting policy, following the scheme of organizational and procedural measures developed in the work. It is proposed to assess the compliance of the existing accounting software product with management information requests that arise when using electronic money to make payments. The recommendations were developed on the basis of a detailed study of the prospects for the further popularization of electronic money. The study is of practical interest for Ukrainian enterprises that involve in their business innovative payment solutions in the conditions of rapid digitalization of the economy

PECULIARITIES OF THE FORMATION OF INNOVATIVE INFRASTRUCTURE IN THE TERRITORIES OF AZERBAIJAN LIMITED FROM THE OCCUPATION

Objective. As a set of organizational actions and management approaches of the country, a systematic approach is needed to reveal the essence of the structural strategy of the regions and to achieve the long-term strategic goals. Methods. This approach manifests itself as the result of the active and purposeful activity of the state, taking into account its impact on both national and international relations. Results. On the one hand, preparation from one economic system to another, transition without taking into account the specifics of the regions, on the other hand, the twist of the world economic crisis, which has a negative impact on the innovation system and investment activity of the regions, as well as the organization and structure of the economy of the regions without taking into account the factor of world development trends, acute economic problems tension etc. aggravated the current problem of sustainable development of the regions and made its solution more urgent and necessary. The country's regional-structural strategy must meet a number of requirements of the interaction of the modern world economic system and the national economy. First of all, it should express the interests of the country and the global world economy and be flexible enough to react to the changes and trends, take into account all the new scientific and technical achievements in the world and have a long-term character. Scientific novelty. A general theoretical approach to the study of modern economic relations allows to create a complete picture of the main processes and trends occurring in the socio-economic sphere. Building infrastructure and telecommunications is the first path to economic development in any region. The innovative restoration of the destroyed infrastructure in the liberated territories will create a foundation for the organization of a modern management system. Practical significance. The uncertainties that exist during the introduction of innovation are placed under investments in this sector. In the field of management of this study, the state in performing its functions cannot be stopped by technology, which is the most important advantage of globalization.

Global Financial Economy Crisis

The Global world economy crisis had its roots in the Covid 19 pandemic. The key factors back then were a combination of the macroeconomic processes and initialization in micro economic financial levels. Global trade began to recover from the negative impacts brought by the COVID- 19 pandemic in June 2020. As it was obvious for the world’s financial economic institutions, the expectations after the pandemics were to overcome the economic crises and start the growth of the world trade markets. Instead of that in 2022 the Russian aggression on Ukraine has made the financial crisis even worse and bended the world on the knees. The world now lacks on gas, oil, grain and the most important electrical energy. Both Russia and Ukraine were and still are the global source raw material markets, especially for energy, food and fertilizers, but since the war has no looks on ending, the severe restrictions that are up for the world’s population may bring the worst still not expected rise of the financial crisis

The criteria for establishing and maintaining an optimal governance model for public procurement

The objective of this paper is to analyze methodologies for evaluating public procurement system, as well as, statistical data, in order to determine which elements can be identified as essential for establishing an optimal governance model for public procurement and to provide recommendations how to maintain it. Public procurement system consists of a process that involves policies and procedures which are aimed at acquiring the goods, services and works which are essential for accomplishing goals, responsibilities and critical activities of public entities and institutions, which contribute to the overall normal functioning of country’s economy and well-being of its citizens, at large. On the other hand, public procurement system can be viewed as a tool for assessing if a country is prepared to avoid or to mitigate the negative effects caused by emergency events. This was especially the case during the past two years, since there was a worldwide emergency situation caused by the COVID-19 pandemic since the 2020. Other recent extreme events, such as floods, earthquakes, tsunamis, social events and wars, have challenged the preparedness of public procurement systems to respond and secure essential and vital functions of countries, regions and global world economy. These emergency events have shown that no country in the world is immune to negative effects which manifest as either a lack of necessary, many times, vital goods or services or in the worst case, the loss of human life. Therefore, it is important to question again if the preparedness of public procurement system can contribute to alleviate these extreme situations and if it can contribute to determine what should be considered the optimal governance model for public procurement.

The criteria for establishing and maintaining an optimal governance model for public procurement

The objective of this paper is to analyze methodologies for evaluating public procurement system, as well as, statistical data, in order to determine which elements can be identified as essential for establishing an optimal governance model for public procurement and to provide recommendations how to maintain it. Public procurement system consists of a process that involves policies and procedures which are aimed at acquiring the goods, services and works which are essential for accomplishing goals, responsibilities and critical activities of public entities and institutions, which contribute to the overall normal functioning of country’s economy and well-being of its citizens, at large. On the other hand, public procurement system can be viewed as a tool for assessing if a country is prepared to avoid or to mitigate the negative effects caused by emergency events. This was especially the case during the past two years, since there was a worldwide emergency situation caused by the COVID-19 pandemic since the 2020. Other recent extreme events, such as floods, earthquakes, tsunamis, social events and wars, have challenged the preparedness of public procurement systems to respond and secure essential and vital functions of countries, regions and global world economy. These emergency events have shown that no country in the world is immune to negative effects which manifest as either a lack of necessary, many times, vital goods or services or in the worst case, the loss of human life. Therefore, it is important to question again if the preparedness of public procurement system can contribute to alleviate these extreme situations and if it can contribute to determine what should be considered the optimal governance model for public procurement.

МЕСТО ЕВРОПЕЙСКОГО СОЮЗА В ДЕГЛОБАЛИЗАЦИОННЫХ ПРОЦЕССАХ

The paper discusses the dynamics of globalization processes, analyzes the role of the achieving the economic advantage of the European Union countries in deglobalization as the goal of achieving the economic advantage of the countries of the European Union in the new technological order. The analysis uses data from the KOF Swiss Economic Institute. As a result of the analysis of the globalization index over the past 50 years, the great influence of the countries of the European Union both on world economic globalization and on the political component of globalization has been revealed. Deglobalization can be an element of a long-term strategy, the goals will be the transition of European companies to a new technological order and economic leadership in the long term for the European Union. The deglobalization mechanism in the private sector of the European economy is considered.

ФРАНЧАЙЗИНГ ЯК МЕТОД ІНТЕРНАЦІОНАЛІЗАЦІЇ БІЗНЕСУ

In the conditions of globalization and internationalization of world economies, the development of franchise businesses in the world is one of the most progressive. International franchising as one of the forms of business is developing quite dynamically today, as a franchise is a more straightforward way for enterprises to enter global markets and does not require significant investment resources to start a business. For a country on the territory of which franchise business is developing, this means the attraction of direct foreign investments, which satisfy the needs of enterprises with limited resources and allow them to improve the quality characteristics of their products and generally increase the country's competitiveness. Most research on franchising in international trade focuses on companies that first tested their concept in the domestic market. These studies have shown that franchisors are reluctant to modify their franchise package, already developed in their own country, to operate abroad. It was also noted that a significant contributor to franchise internationalization is prior foreign presence through other forms of internationalization. In the article, the authors outline franchising as a strategy for business expansion in the international space and organizational factors of internationalization through franchising. An analysis of the scope and trends of franchising in introducing international business was carried out. Internationalization strategies through franchising are defined. Internationalization errors of individual networks were analyzed. Most research on franchising in international trade focuses on companies that first tested their concept in the domestic market. These studies have shown that franchisors are reluctant to modify their franchise package, already developed in their own country, to operate abroad. It was also noted that a significant contributor to franchise internationalization is prior foreign presence through other forms of internationalization. Thus, the most challenging form of internationalization is entering foreign markets without experience operating a franchise network.

Globalisation versus Deglobalisation

One of the biggest questions in recent years concerns the future of globalisation. Some argue that the rivalry between the USA and China, certain trade policy restrictions and the repercussions of the coronavirus pandemic that threatened global production and supply chains could mean the end of globalisation. In fact, however, we are witnessing a fundamental transformation of the globalised world economy. Identifying the main directions of change is a crucial task for economists as well as a precondition for prudent economic policy action.

The Norwegian Energy Transition’s Financial Issues in the Conditions of World Economy Globalization

The Norwegian Energy Transition’s Financial Issues in the Conditions of World Economy Globalization

Business process management system in the agricultural sector: economic monitoring and development vectors

The development of agribusiness is an essential component of the national economy of Ukraine and the basis for the intellectual specialization of its regions. The agrarian sphere ensures not only food security but acts as a platform for ensuring energy, environmental, and, in general, the economic security of Ukraine to current conditions is quite relevant. The purpose of the article is to discuss the economic monitoring of the business process management system of the agrarian sector of Ukraine and the identification of development vectors. It was outlined that the business processes of the agrarian sphere encompass the complexity of actions aimed at solving the tasks of balanced development of all components of agro-industrial production by realizing the capabilities of more efficient producers in this sphere. Also, the business processes of the agrarian sphere include various types related to the production, storage, and supply of agricultural and food products, as well as providing the population with these products, considering social relationships and social infrastructure (transport, trade, catering, etc.). In this context, it is possible to generalize that the structure of the agricultural sphere goes beyond agricultural production. The grouping of regulatory normative documents of the business process management system in the agrarian sphere, related to the reforms and programs envisaged by the Sustainable Development Strategy "Ukraine - 2020", was carried out. The dynamics of the structural shares of the gross added value for 2010-2021 proved the growing importance of the agrarian sphere in the structure of the formation of the gross added value of Ukraine because the specific weight of the type of economic activity "agriculture, forestry and fishing" increased by 4% during the studied period. Furthermore, it has been studied that the management system of business processes in the agrarian sphere can be considered at different levels: global (world economy), national (country level), regional or territorial (level of individual regions or territorial communities), and local (level of individual producers of agricultural products). Keywords: agrarian sphere, business process, management system, development vectors.

DEVELOPMENT OF ENTREPRENEURSHIP IN UKRAINE IN THE CONDITIONS OF EUROPEAN INTEGRATION

The purpose of the article is to study the peculiarities of the functioning of entrepreneurship institutes with fundamentally new tasks in the conditions of European integration of Ukraine and to develop conceptual proposals for supporting and improving the development of entrepreneurship in Ukraine in the conditions of European integration. Methodology. In the process of solving the tasks of scientific research, general scientific and special research methods were applied: descriptive-analytical method, systematic approach, method of analysis and synthesis, method of systematization, graphic method, method of dynamic series and structural analysis, method of cost analysis, method of comparison, method of average points evaluations, the method of scientific generalization. The results. Today, the development of entrepreneurship is one of the most important factors in the socio-economic growth of Ukraine. The effective development of entrepreneurship creates a competitive environment for business entities of various types of economic activity for the development of which there are favorable conditions and a sufficient scale of resource potential, the interest of foreign and domestic investors. At the same time, the successful activity of entrepreneurship solves a number of important tasks, in particular, contributes to the replenishment of the budget, saturation of the consumer market with goods and services, creates new jobs, increases the employment of the population, while reducing the unemployment rate. Practical implications. The process from the beginning of entrepreneurial activity to its termination is related to decision-making. The desire to open one's own business, as a rule, is accompanied by the hope of the future entrepreneur to succeed, while the factors of the external environment play a key role, influencing the future entrepreneur's decision. Over time, the result of the action of these factors, combined with the results of the action of the factors of the internal environment, may lead to the entrepreneur's decision to stop entrepreneurial activity due to the fact that his expectations were not met. In addition, one of the most important problems of managing a small enterprise is the lack of specialists in certain specialties, for example, marketers, financiers, programmers, etc. This is due to the fact that small businesses often cannot afford to keep such specialists. Outsourcing can be a rational way out of this situation. At the same time, the choice of the country's economic development strategy significantly affects the development of enterprises. Based on the global practice of the production sphere, a smart strategy makes it possible to create a "flexible" high-tech industrial production, where business can easily adapt, in addition, this approach will lead to sustainable economic growth, which is able to provide and promptly respond to any challenges of the globalized world economy. Today, European integration opens up great opportunities for domestic enterprises to expand foreign economic activity. When determining one or another vector of foreign policy, domestic enterprises need to assess the prospects of other global competitors. Value/originality. Stimulating the development of entrepreneurship reduces the problems of their functioning and ensures rapid integration into the European Community and highly developed economies of the EU countries. A reduction in the tax burden on small business entities is possible due to the reduction of total payroll charges, the introduction of lower income tax rates, and the exemption of small business entities from paying income tax during the first years of existence. Also, an important element of the state support system for small businesses is information and consulting services, within the framework of which assistance should be provided with problems of the formation and functioning of small enterprises.

Neoliberal Environmentalism, Climate Interventionism and the Trade-Climate Nexus

Trade has become an increasingly core part and defining feature of our globalising world economy, and so by default has become integrally linked to climate change and action. Trade has not only rapidly expanded over recent decades but also driven contemporary economic development and growth, especially in countries where carbon and other greenhouse gas (GHG) emissions have too risen sharply. Increasing attention has consequently been afforded to the nexus between trade and climate change. Trade is now a key front for climate action. For some time, neoliberal environmentalism has been viewed as the dominant discourse on climate policy and other aspects of environmental governance. However, it has been very rarely applied to, or its relevance tested against the trade-climate nexus specifically. The paper presents a study on this relationship based on new original empirical research and the investigation of the following hypotheses or research questions. To what extent has neoliberal environmentalism thus far dominated mainstream international and global discourses on trade-linked efforts on climate action? What have been the principal features of neoliberal environmentalism within these discourses? Do the results of the study’s empirical research suggest the need to include other relevant analytical approaches to develop a better comprehension of how trade-climate nexus issues are being addressed? In addressing the above the paper develops an analytical framework comprises modelled normative elements of neoliberal environmentalism as well as relevant concepts of state-market relations. This frames the discursive evaluation of the study’s research that is based on a multi-stage, in-depth text analysis of 37 key publications produced by global economic institutions (GEIs) on the trade-climate nexus from 2007 to 2022. Market-based instruments (MBIs) were found to be by far the strongest normative element in this text corpus. This subsequently provided scope for exploring whether different forms of ‘climate interventionism’ were evident in the trade-climate nexus, and thus more nuanced and alternative understandings of the subject. The paper’s main contribution to the literature on this subject is to open up ideas and debate concerning how important aspects of neoliberal environmentalism overlap with, and can be better understood in the context of state-market relations. Evidence from this study’s research suggests that in the trade-climate nexus discourse there exists considerable space for states and international institutions to adopt, promote and innovate different forms of climate interventionism through various trade policy and governance actions. It is further argued that MBI-based trade related policies can only take us so far in climate action efforts. More ardent forms of state and other institutional interventions, from the local to the global-international levels, are required to ultimately achieve increasingly urgent climate goals.

IMPACT OF INSTITUTIONAL QUALITY AND TECHNOLOGICAL PROGRESS ON COUNTRIES ECONOMIC DEVELOPMENT

During the last year economics literature has increasingly referred to institutions as the answers to the longstanding questions concerning how economic growth arises, what policies can be used to promote the best results in terms of economic performance and what accounts for differences in GDP levels among countries so that the analysis of the institutional framework under which any economy operates has now become an indispensable object of research. In a globalizing world economy, the cause of differences in economic growth and income inequality is explained on the basis of technological differences. The use of new technologies paves the way for the production of new cheaper goods, capital accumulation, and, in this case, increased international competitiveness of individual countries. On the one hand, this improves the quality of research institutions and, on the other, contributes to the cultural and political development of societies. Therefore, the quality of growth rates is as important as their size. This study aims to demonstrate that businesses and individuals need to use technology more efficiently, leading to cost savings and productivity gains. The main research methods used in this study are content analysis, analysis and synthesis method, intuitive and systematic approach.

INTERNATIONAL LABOR MIGRATION AS ECONOMIC SCIENTIFIC CATEGORY: NEW CONCEPTUAL APPROACH

International economic integration, transnationalization and world economy globalization are the most important catalysts for international labor migration development, involving all countries of the world, shaping the labor global demand and supply, labor markets trends, and as a result, contribute to the growth of international migration, change its geographical directions, as well as the qualitative structure of foreign labor. On the other hand, international migration itself, being a complex and ambiguous phenomenon, has a multidirectional impact on the economic, social, political, and cultural development of the world population. The paper proposes a new conceptual approach to revealing the essence of international labor migration, as an economic scientific category, through its multidimensional nature.

Management of commercial activities of a freight forwarding company in market conditions

At the beginning of 2020, problems arose that will affect the further development of the economy and transport, firstly, the withdrawal of Saudi Arabia and the United Arab Emirates from the OPEC deal, secondly, the fall in the price of Brent oil by more than 30%, thirdly, the outbreak of the coronavirus infection COVID-19, which has largely affected enterprises in all industries. The development of the country’s economy in the global world economy is characterized by volatility and the presence of risks associated with the presence in it of countries with different levels of economic development, economic structure, orientation of the economy, the social structure of society, and the quality of the labor force. The market of road transport services is characterized by a high level of competition in the market. This is due to the following factors: market saturation, the optimal level of tariffs, the volatility of the country’s market economy and the dependence of the transport services market on industrial production, namely on shippers and consignees. Commercial activity can be interpreted as part of entrepreneurial activity related to the sale of goods and services for profit. As the main directions for improving commercial activities, it is planned to integrate marketing and logistics services, which will reduce risks at the stages of movement and storage of products; optimization of business processes of the organization; increasing the company’s rating based on the choice of a reliable carrier; rational selection of a logistics operator.