Globalization Of World Economy Research Articles

Study on the Use of Chinese Advertising English and Its Translation Techniques

Nowadays, with the globalization of world economy, knowing how to use advertising English in opening up overseas markets is of very practical significance. The purpose of advertising is to promote business sales and services, which creates added value in customer’s mind and lead to consumption, usually paid for by related sponsors through various media. Taking Coca-Cola for example, during its growth over a century, it has been supporting the advertising campaign in one stage after another, and in one country after another. Therein, 可口可乐, the Chinese translation soon became a household name in China, and it also played an important role in helping Coca-Cola tap into Chinese market. Admittedly, the competitive quality of product itself is important, but advertising is of much more importance to promote itself to be recognized worldwide. In translation, its techniques should be taken into account, which will help us to better use advertising English. It is true that good translation in advertising brings business great fortune, whereas bad one may result in severe losses and poor reputation, so we can see advertising translation is bound up with enterprise’s prosperity and decline. Therefore, the use of advertising English and its translation techniques should be valued. In this paper, the writer is doing study on the use of advertising English and its translation techniques, whereby current research situation of that in China and abroad, factual methodologies and related materials have all contributed to its completion. The writer believes that both one’s ability of ingenious thinking and the growth of economic globalization are benefiting from a better use of advertising English and its translation techniques.

Research on green trade barriers in China's foreign trade

With the development of world economic globalization, China has been deeply integrated into the global economy. At the same time, with the increasing improvement of China's world economic level, the environmental problems caused by economic development are becoming more and more serious, followed by a new type of non-tariff trade barriers, that is, the formation of green trade barriers. At this stage, the serious impact of green trade barriers on China's foreign trade has greatly restricted the development of China's foreign trade. This paper briefly introduces the rise, performance and causes of green trade barriers, mainly introduces the impact of green trade barriers on China's foreign trade, and expounds the countermeasures to actively deal with green trade barriers.

Identification of trends in socio-economic development of the regions of Kazakhstan

The peculiarities of the regional development of Kazakhstan, the variety of production, the initial level of resources in different regions, various reforms of the market economy have led to the uneven development of the regions of Kazakhstan. A region or regional economy is a subsystem of the “national economy” macrosystem. And the national economy is the internal system of the global world economy. Regional development is development based on three characteristics and qualities: interrelated stability, proportionality and social orientation. Basically, the effective development of an individual region means the use of certain factors and potentials through the creation of value in a market economy. However, it is not possible to have a common development strategy for the whole regions. Because each region has its own conditions of development, economic and social potential. Therefore, these factors should be taken into account in the development of the regional economy. The main task of the regional policy of Kazakhstan is to increase the competitiveness of the region in a market economy, employment and living standards of the population of the region through the full use of its production and resource potential. The purpose of this article is to identify trends in the socio-economic development of the regions of Kazakhstan. The article defines the concepts of “region”, “regional development” as a system and gives their main characteristics. Trends in the socio-economic development of the regions of Kazakhstan were determined by grouping the regions of Kazakhstan on the basis of socio-economic indicators and analysis of statistical data and facts. In conclusion, it was noted that the socio-economic development of the regions of Kazakhstan is at a high level. Today, the socio-economic development of the regions of Kazakhstan is much higher than in previous years. This means that the development of certain regions means an increase in the quality of life, employment, economic growth of the country.

ПРОБЛЕМИ РОЗВИТКУ СУЧАСНОГО МІЖНАРОДНОГО МАРКЕТИНГУ В УМОВАХ ГЛОБАЛІЗАЦІЇ СВІТОВИХ РИНКІВ

The article seeks to explore the role of modern international marketing methodology in the context of world markets globalization. It is argued that the market economy paradigm is based on the methodology of international marketing. Within the scope of this study, international marketing is viewed as a key concept of strategic management of business international relationships which is currently becoming a global strategy for expanding international business interaction. Based on world best practice, the study develops a conceptual framework and methodological toolkit to enhance international marketing activities along with identifying the role of marketing in enterprise management through the prism of understanding its capacity and opportunities to address the issues of ensuring the company effective performance in the context of meeting the customers’ needs in modern realia of national and world economy development. From this perspective, the globalization of modern world economy is a crucial factor in bursting the development of international marketing. The paper provides insights on the international market development based on high technology implementation revealing the major trends associated with breakthrough innovations doomed to become the key drivers of international marketing development in the globalized world markets environment. The transformational changes in the behavior of global markets participants are considered as a solid background for building approaches to implement modern tools to spur international marketing innovations. The study also presents the nature and the specifics of the international marketing toolkit along with assessing its current state and the possibilities to further application by business entities in the world market settings. The findings provide implications for further development of modern international marketing in the globalization context associated with rapidly growing world economy dynamics, intensified manufacturers’ competition in the world market as well as with internationalization and integration of society. The authors suggest practical recommendations on the implementation of international marketing tools in Ukrainian enterprises and their positioning in the global markets.

Methodological aspects of the analysis of seasonal labour market changes based on artificial intelligence technologies

In the context of the world economy globalization, simultaneous increase in flexibility and volatility of the labour market, structural and demographic shifts, special attention should be paid to the employers' risk reduction associated with seasonal labour supply fluctuations. In the economic literature, the analysis of seasonality in the labor market is considered in terms of choosing the optimal time to apply for a job by job seekers However, the problem of optimal timing of recruitment by organizations remains poorly disclosed. The objective of this study is to forecast changes in labor supply at the labor market of Belarus, taking into account intra-annual seasonal fluctuations and occupation. In order to achieve the set goal the following tasks have been solved: search, analysis and selection of the sources of information about condition and dynamics of labour force supply in the labour market of Belarus; collection, purification, and analysis of statistical information about job seekers in Belarus; selection of the method for seasonal labour market analysis and construction of the seasonal wave, determination of the equations of trend; analysis of the obtained results. General scientific, economic method of analysis, method of grouping and graphical representations were used in the research. In the course of the research the authors built seasonal waves and obtained the equations of trends, which allow to make forecasts of labour force activity in the labour market of the Republic of Belarus in accordance with the type of activity. The research will allow the employers to: effectively develop the recruitment strategy; minimize the recruitment budget; choose the month when the job vacancy announcement will be submitted.

Current Strategies of Antiviral Drug Discovery for COVID-19.

SARS-CoV-2 belongs to the family of enveloped, single-strand RNA viruses known as Betacoronavirus in Coronaviridae, first reported late 2019 in China. It has since been circulating world-wide, causing the COVID-19 epidemic with high infectivity and fatality rates. As of the beginning of April 2021, pandemic SARS-CoV-2 has infected more than 130 million people and led to more than 2.84 million deaths. Given the severity of the epidemic, scientists from academia and industry are rushing to identify antiviral strategies to combat the disease. There are several strategies in antiviral drugs for coronaviruses including empirical testing of known antiviral drugs, large-scale phenotypic screening of compound libraries and target-based drug discovery. To date, an increasing number of drugs have been shown to have anti-coronavirus activities in vitro and in vivo, but only remdesivir and several neutralizing antibodies have been approved by the US FDA for treating COVID-19. However, remdesivir’s clinical effects are controversial and new antiviral drugs are still urgently needed. We will discuss the current status of the drug discovery efforts against COVID-19 and potential future directions. With the ever-increasing movability of human population and globalization of world economy, emerging and reemerging viral infectious diseases seriously threaten public health. Particularly the past and ongoing outbreaks of coronaviruses cause respiratory, enteric, hepatic and neurological diseases in infected animals and human (Woo et al., 2009). The human coronavirus (HCoV) strains (HCoV-229E, HCoV-OC43, HCoV-NL63, and HCoV-HKU1) usually cause common cold with mild, self-limiting upper respiratory tract infections. By contrast, the emergence of three deadly human betacoronaviruses, middle east respiratory syndrome coronavirus (MERS) (Zaki et al., 2012), severe acute respiratory syndrome coronavirus (SARS-CoV) (Lee et al., 2003), the SARS-CoV-2 (Jin et al., 2020a) highlight the need to identify new treatment strategies for viral infections. SARS-CoV-2 is the etiological agent of COVID-19 disease named by World Health Organization (WHO) (Zhu N. et al., 2020). This disease manifests as either an asymptomatic infection or a mild to severe pneumonia. This pandemic disease causes extent morbidity and mortality in the whole world, especially regions out of China. Similar to SARS and MERS, the SARS CoV-2 genome encodes four structural proteins, sixteen non-structural proteins (nsp) and accessory proteins. The structural proteins include spike (S), envelope (E), membrane (M), nucleoprotein (N). The spike glycoprotein directly recognizes and engages cellular receptors during viral entry. The four non-structural proteins including papain-like protease (PLpro), 3-chymotrypsin-like protease (3CLpro), helicase, and RNA-dependent RNA polymerase (RdRp) are key enzymes involved in viral transcription and replication. The spike and the four key enzymes were considered attractive targets to develop antiviral agents (Zumla et al., 2016). The catalytic sites of the four enzymes of SARS-CoV2 share high similarities with SARS CoV and MERS in genomic sequences (Morse et al., 2020). Besides, the structures of the key drug-binding pockets are highly conserved among the three coronaviruses (Morse et al., 2020). Therefore, it follows naturally that existing anti-SARS-CoV and anti-MERS drugs targeting these enzymes can be repurposed for SARS-CoV-2. Based on previous studies in SARS-CoV and MERS-CoV, it is anticipated a number of therapeutics can be used to control or prevent emerging infectious disease COVID-19 (Li and de Clercq, 2020; Wang et al., 2020c; Ita, 2021), these include small-molecule drugs, peptides, and monoclonal antibodies. Given the urgency of the SARS-CoV-2 outbreak, here we discuss the discovery and development of new therapeutics for SARS-CoV-2 infection based on the strategies from which the new drugs are derived.

China’s One Belt, One Road Strategy Research in Accordance with Globalization Trends

"One belt, one road" construction conforms to the trends of world economic globalization, and also meets the requirements of the development of global governance system. "One belt, one road" has improved the circulation of commodities, funds, technology and personnel among countries, expanded the mutual interests between countries, and opened up new space for the development of the country.

Глобализация мировой экономики и пандемия-2020

The impact of the “pandemic 2020” is analyzed both in the short term and taking into account the long-term trend in order to restore national economic sovereignty by national economies; factors of the promotion of economic globalization — the activities of multinational/multinational companies, the US promotion of unilateral sanctions, the level of economic freedom bordering on the ultimate criterion for the loss of national economic sovereignty; financialization of the global economy as a factor in its growth; the dependence of world development on the level of GVCs formed and the existing specialization of the economies of the world, which made them unable to ensure sovereignty, security and health of the nation; it was concluded that the “pandemic 2020” acts as a catalyst for the restructuring of the world economies towards polycentrism and ensuring real reasonable sovereignty, without denying the potential of either vertical or horizontal cooperation and economic interaction

Models of agrarian business development in international practice

In conditions of the world economy globalization, regional trade and economic integration of countries, and increased sectoral competition, agricultural business remains a strategically important branch of the national economy of any state. Its activities are based on the regulatory legal framework for creation and functioning of agro-industrial complex entities, state regulation and support of agriculture, development of rural areas, food export incentive, formation of external and internal trade infrastructure. The world agrarian economy demonstrates the use of various models of efficient agro-industrial production management, providing for solution of national food security and increasing the export potential of the industry. The paper presents typology of agriculture by types of land use at various levels of social and economic development of countries, identifies the main world producers, exporters and importers of agri-food products. Review of the state regulation system and support of commodity producers in Australia, Argentina, Brazil, the European Union, India, Indonesia, Canada, China, Russia, and the United States has been carried out taking into account implementation of the international rules of the World Trade Organization. Various types of agricultural business models, sales systems, depending on production specialization of individual states, regions, enterprises and aimed at development of vertical integration, combination of marketing and logistics functions within one company, changes in the commodity structure along the sales channels in the domestic and foreign markets, have been systematized. The competitive advantages of the Republic of Belarus in the context of development of priority areas of agricultural business have been substantiated and the key risks having significant impact on the strengthening of production, sales and export potential have been analyzed. The issues Covered in the paper are of interest in preparation of draft state programs for social and economic development of the national agro-industrial complex, strategy in the field of export of agricultural products and food products for the period up to 2025.

China’s forest land use change in the globalized world economy: Foreign trade and unequal household consumption

Considering the globalization of forest land use and the influence of China’s socio-economic process on forest resources, this paper provides a comprehensive overview of China’s forest land use change in the globalized world economy during 2000–2011, by means of embodiment accounting based on EXIOBASE3 database. External demand, primarily from USA, EU, Japan and rest of Asia-Pacific, accounts for 20−45% of China’s direct forest land use, meanwhile, increasing forest land use (50−60%) is displaced abroad, mainly to Russia (20−30%), America, Africa and rest of Asia-Pacific. Overall, China is a net importer of virtual forest land use due to large imports through forest products (e.g., wood, paper and pulp), while highly-processed non-forest products also contribute a dominant and increasing share in total exports. Consequently, in the trade with USA, Japan and many European countries, China is the net exporter of virtual forest land use, though it is the net importer of forest products as revealed by conventional monetary trade accounting, highlighting the necessity of the inclusive embodiment accounting to trace land use to actual final products. Regarding final consumption, virtual forest land use of rural households only reaches 65–75% that of urban households, due to large disparities in the consumption of non-forest products. Per capita virtual forest land use of the rural and urban poorest groups are only 1/5 and 1/6 of the nation’s richest group, respectively. Therefore, transnational cooperation is required to promote sustainable forest management worldwide. China should also prepare for growing demand for forest land and reduce associated environmental inequality in the process of urbanization and poverty alleviation.

Multinational working capital management a study on Toyota Motor Corporation

AbstractThe purpose of the study is to explore the influence of three factors on working capital management—fixation of current assets level—level of investment for each type of current asset components—sourcing of finance at competitive rate. A further study is made on MNCs effectiveness in managing working capital besides to weigh how they re‐position profits, cash flows and capital within to maximize profitability. Present globalised and integrated economy, facilitate MNCs to internationalise business by acquiring intangible assets besides optimising resources. MNCs all these activities invite challenges in continuing global presence. In‐spite of all odds, MNCs generate, capture value by applying unique business models besides combining with or buying foreign business and play a major force in driving globalisation of world economy. The study is descriptive and based on secondary data, sourced from the annual reports of Toyota Motor Corporation. Statistical techniques like coefficient of correlation, correlation matrix and least squares method, are used for analysis and past six years performances are critically analyzed to justify research questions. The message of the paper is to have now a well‐designed global fund transfer policy, economy friendly tax regime and modest regulations in lessening MNCs challenges.

Climate change scenarios as a driver for “Raсe to Zero” campaign

The Race to Zero is the largest credible alliance aiming to reduce twice emissions by 2030, with the main goal of moving towards a carbon-zero economy by 2050. Zero emission technologies can reduce the greenhouse gas concentrations in Atmosphere that can help to slowdown the Global Warming but for making the Earth’s climate system more stable we need implement Negative emission technologies. Negative emission technologies can significantly reduce the greenhouse gas concentrations in Atmosphere that can getting down the global average temperature to the pre-industrial level and prevent Global Warming and future Sea Level Rise. The currently observed climatic changes cannot be completely explained by the increase in the concentration of carbon dioxide in the atmosphere. Taking into account the impact of methane emissions, including the Polar Regions and the World Ocean, it will be possible to explain rapid changes in the Earth's climate. For getting the Earth’s climate system stable and predictable we need to reduce greenhouse gas concentrations in the atmosphere and the global average temperature to the pre-industrial levels. If this aims cannot be achieved then Climate Change and associated with Global Warming future Sea Level Rise in the nearest future would be the most important Risk factors in the Global World and World Economy, that can provide the world massive losses and economic crisis.

ВПЛИВ ТЕХНОЛОГІЧНИХ ЗМІН НА СВІТОВЕ ЕКОНОМІЧНЕ ЗРОСТАННЯ

Globalization is a process of global economic, political and cultural integration and unification. As a result of globalization, the world becomes more connected and dependent on all its subjects. There is an increase in both the number of problems common to groups of states and the number and types of integrated entities. The main consequences of globalization are the international division of labor, migration across the planet of capital, human and productive resources, standardization. In a globalized world economy, the reason for differences in economic growth and income inequality between countries is explained on the basis of technological differences. The level of development of science and technology in the country directly affects the socio-economic development of society and the level of efficiency of technological and production processes. The creation of high-tech industries today is becoming the main direction of ensuring the competitiveness of products in world markets. The innovation factor in economic development is known to play a key role and causes radical changes in the structure of economic activity and productivity levels, which directly affect the level of competitiveness. Today, the creation of high-tech industries is becoming the main direction of ensuring the competitiveness of products in world markets. The standards of life, education, culture, health, information support of the population and business are changing in the society, new and traditional needs of the society are being formed and developing. The role of international scientific cooperation is growing, for example, in the development of outer space, in the field of genetics and energy of the future. The purpose of science and technology is to enable businesses and individuals to use technology more efficiently, as this reduces costs and increases productivity. The use of new technologies opens the way for the production of new cheap goods and for the accumulation of capital, and thus to increase the international competitiveness of individual countries, as well as to improve the quality of research institutions, and on the other hand promoting cultural and political development. The quality of growth rates is just as important as their size. It is revealed that the development of machinery and technology leads to the continuous development of society. Changes in world GDP depending on world technological systems are analyzed. A clear interdependence of economic development of each country and the world as a whole on the development of technological systems has been established.

ЕВРАЗИЙСКИЙ ЭКОНОМИЧЕСКИЙ СОЮЗ КАК НАИБОЛЕЕ ПЕРСПЕКТИВНАЯ ВНЕШНЕТОРГОВАЯ СТРАТЕГИЯ МОНГОЛИИ В СФЕРЕ РЕГИОНАЛЬНОЙ ТОРГОВО-ЭКОНОМИЧЕСКОЙ ИНТЕГРАЦИИ

Today, a regional economic integration is one of the main tendencies in global economic development. The world economic globalization is in the formative stage and most of the countries adhere to protectionism with regards to trade and economic co-operation. In those conditions, the countries opt for regional trade and economic integration. Mongolia is a country, which is not sufficiently enough participating in regional trade and economic integration. In 2016, Mongolia signed only one Economic Partnership Agreement with Japan. According to the trade theory, FTA is most useful to the countries, which have similar level of economic development. In that case, most favorable direction for Mongolia in regional trade and economic integration is the Eurasian Economic Union.

Conversations with Planet Ocean

This story-based journey is an eclectic discussion on marine plastic pollution. It responds to the Environmental Humanities by bringing material history, personal experiences as well as ecotheories and natural sciences together. The conversational style, like shifting tides, speaks to anyone who wishes to develop a broader understanding on plastic pollution and its ecological consequences. While much of the scientific data has been drawn from specialist journals such as Marine Pollution Bulletin and UN-Oceans, it is the mostly shared experiences on the World Ocean that inform this study such as dialogues and stories spoken by blue activists, general audiences, local groups, fishermen, researchers, students, scientists, surfers, sailors, divers, day-trippers, ferry crews, port authorities and marine protection societies. These voices speak from a position of ecocosmopolitanism on wide-ranging issues such as indifference, world-systems, modernity, ecological literatures, a common geostory, biosemiotics, the Anthropocene as well as Planetary Boundaries. By acknowledging that the World Ocean and its qualities have come to symbolise a fluid globalising world economy, alternative themes surface such as permeability, flows, agencies, loss, renewed sense of place, cross-species entanglements, peace and sustainability. The debates edge along fairly freely yet engage with three original ideas, namely: (1) plastic pollution may impact the climate more severely than the actual circulating concepts on climate change; (2) critical levels in the environment have been reached and this should, therefore, be part of a Planetary Boundary within “Novel entities” as it adversely affects the Earth’s systems; and (3) the question of language and how new education curricula centred around ecolinguistics and a shared geostory would better inform our environmental relations and altruistic natures. As presented here, plastic pollution is at its heart a debate involving a moral reassessment and appreciation of Planet Ocean, which constitutes our greatest personal gift – the “common heritage of humankind.”

The russian agricultural sector in the innovative component of the country’s food security

Achieving competitiveness in the global world economy system requires strengthening the innovative direction of representatives of the domestic agro-industrial sector. The innovative component of the agricultural sector also plays an important role in solving the country’s food security. The article considers the basics of the development of innovative activity of agro-industrial enterprises and the impact of innovative activity in the agro-industrial complex on the country food security. Obstacles are analyzed and priority directions of innovative development of agro-industrial enterprises are reflected.

ТОРГОВЕЛЬНА ВІЙНА МІЖ США ТА КИТАЄМ: МАСШТАБИ ВПЛИВУ

In the context of world economy globalization, competition between producers exceeds the established framework. In particular, the situation is exacerbated between the biggest countries. The world's leading economy, the United States, has lost some of its position in recent decades due to China's intensification in many markets. The deepening of negative trends such as negative trade balance, the loss of export markets, and the growing dependence on China stimulated the introduction of protectionist measures against China and beginning of a trade war between these countries. Such measures affect not only the participating countries, but also have unpredictable consequences for the rest of the globalized world. The article provides a retrospective analysis of the trade war between the United States and China, examines the opinions and forecasts of experts on the consequences of such a confrontation. Based on the analysis of theoretical approaches, it is appropriate to distinguish the following assumptions: (1) global trade wars have negative consequences for all parties to the conflict, as they generally reduce the welfare effect; (2) within the framework of bilateral trade is possible both scenarios, however, are usually lost both parties; (3) even though the big economy benefits from trade wars – world welfare deteriorates. Least squares regression analysis (SLS) was used to estimate the main functional dependences. Based on four statistical models, the effects of the trade war on the world economy as a whole (1), foreign trade partners of China and the United States (2) and on countries themselves (3 and 4) are estimated. It has been established that trade disputes between the United States and China affect the parties of the conflict and their foreign trade partners to a greater extent than economic growth on a global scale. This situation creates the basis for the negative expectations, which have more impact than the phenomenon of trade war itself. The current and further consequences of the ongoing conflict are seen not only as a threat but also as an opportunity for Ukraine’s economy. Consequently, the priority should be on finding new export markets, further diversification of foreign trade in geographical and commodity dimensions, quality industrial policy that will involve innovative technologies, development of the domestic market, which can serve as a shock absorber from foreign market fluctuations.

The impact of exports on the national economies' condition and changes in their status at the global competitiveness level

Subject. The article addresses the exports of high-technology products and services. Objectives. The purpose is to assess the impact of exports of high-technology goods and services on the condition of national economies. Methods. The study rests on a hierarchy of hypotheses from the general to the specific, i.e. that the increase in exports leads to the economic growth of the country (H1), the exports of goods and services, with varying force, affect the economic growth of the country (H2), the increase in exports of certain categories of high-technology goods directly affects the economic growth of the country (H3). In the first stage, our analysis revealed that under the world economy globalization, exports of almost all countries of the world continue growing. In the second phase, to test the hypotheses we applied methods of multivariate statistical analysis, including the study of a fixed effects model enabling to consider non-measurable individual differences of objects. Results. The study confirms H1 and H2 hypotheses. While testing the H3 hypothesis, we found that the exports of machinery and equipment, pharmaceutical products, services in the field of computer and telecommunications services affect GDP, and the exports of electronics, insurance and financial services have no statistically significant impact on GDP. Conclusions. Although the findings require further investigation of identified causal relationships, we can conclude that they may have a significant impact on feasibility and effectiveness of government measures for boosting international trade and introduced trade barriers.

ORDERING THE MOST RELEVANT SKILLS IN AN ENGINEERING DEGREE USING FUZZY LOGIC. A CASE STUDY

Nowadays, the increasing uncertainty of a globalized world economy poses additional challenges to the new agricultural engineering graduates. They have to face increasingly complex challenges, such as increasing demand for agricultural produce in a Climate Change situation, a growing difficulty to guarantee food safety caused by global trade, and an improvement of the resilience of productive systems based on precision agriculture. All of this along with the drawback of a reduced interest of new students in this kind of graduate study. Previous works have dealt with the importance of the general skills in an agricultural engineering degree, showing the relevance of the instrumental skills (capacity for analysis and synthesis, organization and planning capacity, ability to manage information, oral and written communication, foreign language knowledge, computer knowledge, problem resolution, and decision making). This work aims to order these instrumental skills to face the above-mentioned challenges in a more effective way. We are aware that the result of this order presents high doses of uncertainty and ambiguity, and that is why we propose the use of fuzzy logic. The application of this methodology based on fuzzy mathematics can contribute to updating the university degrees so that graduates can successfully the new challenges they will encounter in the workplace. Results show that capacity for analysis and synthesis, organization and planning capacity, and foreign language knowledge is the best-considered skills

Gender and Social Development Issues

All over the world, gender issues have remained an engaging discourse at different levels and diplomatic circles due to contusion about the concept. This is because people tend to limit gender to "sex" which is categorized into male and female. Further still it is associated with the social movement known as Women Liberation and the Girl-Child right. Recently, sustainable development goals seem to concentrate on gender inequality and women empowerment to add to the difficulty in appreciating gender values in a globalized world economy, it is important to understand that roles designated via gender-based policies impact negatively on social development. Developmental issues are better harnessed with the active co-operation and collaboration of both sexes where equal opportunities are provided. In this paper, we offer some explanations to the concept of gender for a better understanding and application of the concept for a uniform human capacity development of communities in Igbo land. The work shall therefore examine gender as differentiated "generic', gender equity and equality in social development and conclude by suggesting what could be done to improve gender openness in social developmental issues to which gender partisanship is an impediment. Keywords : Gender inequality, economic inequality, women’s right, gender equity. DOI: 10.7176/RHSS/10-22-03 Publication date: November 30 th 2020