World Economy Research Articles

Measurement and Analysis of the Relationship between General Revenues and Imbalance in Iraq's Export Structure For duration (2004-2021)

The Iraqi economy relies primarily on oil exports to achieve necessary financial surpluses in order to finance economic and social development plans. Capital imports also contribute to improving the productive capacity of all sectors that directly or indirectly contribute to the country's economic growth if they actually exist. These imports, represented by the equipment and machinery necessary for building and developing infrastructure in Iraq, which cannot be provided except through foreign trade, make Iraq closely connected to broad economic relationships with most of the developed world economies. Oil revenues have had a positive impact on the general budget situation. However, on the other hand, the lack of a productive base has led to the leakage of revenues towards imports to meet domestic demand, resulting in an imbalance in the overall export structure. Moreover the research objective was to identify the relative importance of total exports in Iraq and how they are affected by oil revenues during the period 2004-2021. The hypothesis is fiscal policy has led to a disruption in the structure of Iraq's exports. And one of the most important result that appeared general revenues depend to a large extent on oil revenues compared to other revenues (non-oil), which means that the Iraqi economy is considered one-sided. With the weakness of revenues achieved from productive sectors (industry and agriculture) as well as weak tax revenues, this leads to an imbalance in the structure of the trade balance, evident through the dominance of oil exports over total exports in the country. Paper type: Research paper.

Study on 13C MultiCP/MAS ssNMR Analysis of Tobacco Pectin

Background: As one of the most important economic crops, tobacco products have a long history and dominate the development of the world economy. Pectin, as a complex colloidal substance widely present in plant cell walls, its content is an important factor affecting the safety of tobacco smoking. Objective: This study aimed to analyze the content and structure of pectin in tobacco samples Methods: In this study, tobacco pectin was extracted by ultrasonic-assisted ionic liquid extraction, and the 13C MultiCP/MAS NMR spectral analysis of pectin was conducted. Results: The type of extractant, duration of ultrasonication, extraction temperature, and solid-liquid ratio were optimized. Under the conditions of using 1-Butyl-3-methylimidazolium tetrafluoroborate ([Bmim]BF4) as the extractant, the solid-liquid ratio of 1:20 g/mL, and the ultrasonic power of 600 w for 30 min at 30°C, the yield of 23.7% of tobacco stem pectin and the purity of 54.2% could be obtained. The optimized MultiCP sequence parameters, with 10 CP cycles of 1.0 ms and the repolarization time of 50 ms could obtain high-resolution spectra within a time of 1.0 h. The C-6 peaks of the pectin in spectra were fitted using the spectral deconvolution technique and calculated the methylesterification (DM) of the tobacco pectin, which was generally less than 50% and belonged to the low methyl esterification pectin. The pectin content of the tobacco sample was calculated using the standard curve method with the addition of dimethyl sulfone (DMS) as an internal reference. The results of this method were consistent with the colorimetric method. Conclusion: The 13C MultiCP/MAS NMR method has the advantages of being green, fast, and accurate and provides a new technical tool for quantitative and qualitative studies of cell wall substances in tobacco samples.

Foreign Policy of the Union State: Latin-Caribbean Direction of the Russia-Belarus Integration

The research is aimed at studying the Union State foreign policy in the Latin-Caribbean direction in new geopolitical conditions and its role in the emerging architecture of world economy and geopolitics. The mechanism for implementing the Union State foreign policy has been determined. It is shown that the external contour of the Russia-Belarus integration is not the sum of foreign policies, but is being implemented within the framework of their legal framework: pursuing a coordinated foreign policy, the parties maintain a flexible approach and are not limited by the framework of the foreign policy institutions of the Union. The author presents basic areas of project cooperation between Russia, Belarus and the states of the Latin-Caribbean region establishing priorities of cooperation.Aim. To appraise the significance and potential of Latin-Caribbean direction in the Union State foreign policy in the current conditions of economic turbulence and geopolitical escalation.Tasks. To identify the main areas of cooperation, to analyze current trends and influencing factors, and to determine the prospects for interaction.Methods. A combination of general scientific theoretical and special methods is used. The method of comparative analysis and the logical method are of prime importance. When working with regulatory and legislative sources, the normative method is used.Results. The potential of cooperation between the Union State and the countries of Latin-Caribbean America has not been fully realized, however, an accelerated diversification of partnership between the countries is being practiced as well as an expansion of areas of interaction based on economic feasibility and political motivation.Conclusions. Under current conditions of global political and economic turbulence, the Latin-Caribbean direction of the Union’s foreign policy is an important part in building effective international cooperation and developing new trans-regional logistics routes.

Optimization of thermal performance in hybrid nanofluids for parabolic trough solar collectors using Adams–Bashforth–Moulton method

Solar energy is an environment-friendly renewable energy source that fulfills the energy consumption requirements of the world economy. Concentrated solar power is the most advanced technology that efficiently absorbs concentrated solar energy. This article investigates the solar energy storage and entropy generation in concentrated parabolic trough solar collectors for hybrid nanofluid flow due to a spinning tube inserted at the receiver's center. The effect of copper nanoparticles and multi-walled carbon nanotube mixture is studied using water-based fluid. Also, the influence of an external magnetic field is investigated with thermophoresis and Brownian motion of nanoparticles. The governing equations for the nanofluid flow are derived using the conservation principles of mass, momentum, energy, and concentration with boundary layer assumptions and no-slip boundary conditions. The governing equations are numerically solved using Adam Bashforth and Adam Moulten's fourth-order predictor-corrector numerical scheme along with the shooting approach. The numerical outcomes for the fluid velocity, temperature, Nusselt number, and entropy formation against various influential physical parameters have been discussed using graphs. It is observed that the augmenting Eckert number, thermophoretic diffusion parameter, and Brownian motion parameter escalates the thermal profiles. Also, an escalation of the radiation parameter and Lewis number enhances the Nusselt number. Thermal energy storage in solar collectors utilizing different terminologies is crucial for improving the efficiency and performance of solar thermal collectors.

Foreign Policy of Regional Powers towards Afghanistan

This paper attempts to investigate the Afghan policies of the regional powers after 2021 when the Taliban came to power. After coming to power in 2021, the Taliban abolished the previous government and decided to build their own. The whole world had to start their relationship with Afghanistan once again. As we know the geostrategic location of Afghanistan compels the regional and neighboring countries to keep their interaction intact. We have regional powers like China, Russia, and India having the world's top economies and larger influence both in the world and the region. This paper thus aims to understand their foreign policies towards Afghanistan after 2021. The paper argues that these states have stakes in Afghanistan, due to its strategic location and natural resources. These states are lured to be involved in Afghanistan without considering what the internal situation in Afghanistan is. It is either due to the geo-strategic location of Afghanistan or the natural resources or other economic potential which compel these states to remain in relation with any government in power.

The Place of World Economy Research in the Heterodox Analytics of Eurasian Integration

Aim. The article shows the increased productivity of heterodox approaches in the part of economics that studies the problems of the world economy, including regional integration.Methods. Illustrations of the apparent paradoxicity (for representatives of the economic mainstream) of geopolitical and world economic dynamics after 2022 are used to explain the importance of analyzing economic processes in the world economy, taking into account approaches of related social disciplines. The connection of some important scientific results of Russian scholars in the field of economics with the achievements of historians, orientalists and cultural scientists, representatives of economic and political geography and studies of international relations is shown.Results. The article describes the boundaries of the mathematization of the considered segment of heterodox analysis related to the unreliability of world economic statistics, with examples of the successful application of approximate (in a broad sense relative to mathematical terminology) calculations to assess shifts in foreign trade and foreign direct investment in contemporary Russia. The author demonstrates that the heterodox approach reveals the absence of contradiction between Russia’s intensification of Eurasian economic integration (including within the narrow limits of the EAEU) and our country’s efforts to build a more equitable polycentric world order, including strengthening the BRICS format. Greater interdisciplinary transparency for heterodox economists against the background of representatives of the mainstream, among other things, makes it possible to intensify fruitful cooperation between scientists and practical analysts representing analytical centers — think tanks of the post-Soviet space and neighboring countries in the interests of developing integration projects.Conclusions. The proposed methodological framework can enhance the effectiveness of the work of the analytical community of Russia and its friendly countries in obtaining new applied conclusions in the economic sphere, especially in terms of enhancing the effectiveness of integration efforts in Greater Eurasia. At the same time, heterodox economists are more receptive to cooperation with historians, political scientists and other analysts who have focused on Eurasian economic integration.

Economic Development in the Context of Technology, Capital, Man and Society Interconnection

The search for sources and problems of economic development is an important area of macroeconomic theory, within which identifying the specifics of current and future development is a pressing theoretical issue. Studying the features of development in the context of the relationship between technology, capital, man and society helps to improve the understanding and management of the cause-and-effect chain of sequences of technological, economic and social changes in society. The main stages of development of the world economy since the first industrial revolution are studied, the mechanism of economic development as a set of cyclical fluctuations and non-cyclical influences is examined, the characteristics and specifics of the current stage of development of the world economy are analyzed and views on its future trajectory are systemized.

A nonvolatile magnon field effect transistor at room temperature

Information industry is one of the major drivers of the world economy. Its rapid growth, however, leads to severe heat problem which strongly hinders further development. This calls for a non-charge-based technology. Magnon, capable of transmitting spin information without electron movement, holds tremendous potential in post-Moore era. Given the cornerstone role of the field effect transistor in modern electronics, creating its magnonic equivalent is highly desired but remains a challenge. Here, we demonstrate a nonvolatile three-terminal lateral magnon field effect transistor operating at room temperature. The device consists of a ferrimagnetic insulator (Y3Fe5O12) deposited on a ferroelectric material [Pb(Mg1/3Nb2/3)0.7Ti0.3O3 or Pb(Zr0.52Ti0.48)O3], with three Pt stripes patterned on Y3Fe5O12 as the injector, gate, and detector, respectively. The magnon transport in Y3Fe5O12 can be regulated by the gate voltage pulses in a nonvolatile manner with a high on/off ratio. Our findings provide a solid foundation for designing energy-efficient magnon-based devices.

Risk and Opportunity of Diageo: PESTEL and SWOT Analysis

This research talks about Diageo, the world-famous wine factory, and analyses the risks and opportunities through PESTEL Analysis and SWOT Analysis. The market capitalization, the timing and results of new projects, and the number of brands and revenue are collected from Yahoo finance and the company’s 2024 annual financial report. According to these analysis methods, this research believes that Diageo still possesses a strong power to keep going toward long-term prosperity as the world economy improves, even though there are some legal disputations. Diageo’s huge number of brands and complete production chain can help Diageo avoid risks to a large extent or stop the risk from expanding further. These capabilities result from Diageo’s long-term accumulation and strong management capabilities. This research provides an investment recommendation to investors interested in Diageo and provides a useful method to evaluate the business’s performance and the risks and opportunities it faces.

The Relationship Between Social Attention and the Risk of Stock Price Collapse of Enterprises: Perspective from Baidu Tieba

With the rapid progress of the world economy, the problem of stock price collapse has become a major threat to the stable development of stock markets in various industries. Based on Baidu Tieba, this paper collects the stock price data of each listed company in the CSMAR database as the dependent variable NCSKEW_Mdeq, the total posts, total users and average repost number as the independent variables. Use Stata to conduct regression analysis on the two. As a result, it was found a significant negative link between Total Posts and Total Users and the dependent variable NCSKEW_Mdeq and there was no statistically significant link between Avg Repost Num and the dependent variable. This study provides a brand-new perspective for reducing the risk of stock price collapse in enterprises, aiming to explore and analyze the key factors that affect the stability of corporate stock prices, and thus provide clear direction and strong theoretical support for future research on protecting the interests of shareholders.

Research on the impact of WTO trade policy review mechanism (TPRM) on the employability of Chinese college students during the economic structural transformation of its member countries

The WTO TPRM is a very important machinery where the WTO members submit for evaluation their trade policies and structures as well as their economic reforms. This research used secondary evidence from employment reports, government statistics and various industry research and employed expert policy and economic opinion. It analyses employment rates prior to and after the implementation of the “mass entrepreneurship and mass innovation” policy and the policy of integrated enterprise-school and university-enterprise. In total, the general sample consists of 500 students half of whom are male and the other half are female. The employment rates stands at an average of 78% among the students. In terms of the standard deviation, the figure is equal to 9.3% which he described as moderate variability of employment outcomes. . Similarly the analysis reveals a positive relationship between GPA, entrepreneurial intention and participation in vocational programs on employability ( p < 0. 001). The coefficient for entrepreneurial intention is especially significant (β = 0. 38), which means that students, who had entrepreneurial intentions, are more likely to be employed. Employment prospects for college students were found to be especially enhanced through adoption of the above policies showing a very strong implication of education and training to economic needs especially during structural change. This study has implication for policy formation and course offering for higher institutions of learning to enhance the employment status of graduates in the current world economy.

Analysis of the Impact of Sino-US Poultry Trade on China's Chicken Prices

Abstract: The trade relationship between China and the United States, two of the world's largest economies, is of significant global importance, particularly in the agricultural sector. This sector plays a crucial role in both nations' economies, contributing substantially to their GDPs and employment rates.This paper delves into the intricate dynamics of poultry trade between China and the United States, focusing on its impact on chicken prices in China. Utilizing comprehensive datasets spanning from 2007 to 2022 sourced from the United States Department of Agriculture (USDA) and the National Bureau of Statistics of China, the study employs static economic analysis and regression techniques to explore the factors influencing poultry prices. The findings substantiated the hypothesis posited: a rise in poultry trade volume between the U.S. and China correlates with a decrease in chicken prices in China. Findings reveal a complex relationship between trade dynamics and price movements, providing insights into the broader economic and trade policies shaping agricultural trade between these two economic powerhouses.

The Impact of Financial Crises on Financial Markets: Case Studies of Three Historical Crises

Abstract: The recurring occurrences of financial crises have profound impacts on the global economic system. Insights gained from in-depth discussions on financial crises can effectively respond to future shocks, thereby ensuring the steady development of the world economy. This paper uses comparative analysis to examine the similar and different impacts of three financial crises on financial markets: the Dutch Tulip Mania of 1637, the Asian Financial Crisis of 1997, and the Subprime Mortgage Crisis of 2008. The research findings indicate that all three financial crises caused significant volatility in financial product trading markets. At the same time, these crises provided different lessons for the development of financial markets: the 1637 Dutch Tulip Mania underscored the importance of regulating exchanges, the 1997 Asian Financial Crisis highlighted the importance of foreign exchange reserves, and the 2008 Subprime Mortgage Crisis emphasized the necessity of controlling the banking industry, especially lending.

Три уровня международного политико-экономического анализа: новая перспектива для исследования международных проблем в эпоху многополярности

One of the key issues in current international relations studies is the structure of knowledge. The epistemological foundations of political and economic theories of international development are losing their relevance as the influence of theory on the practice of international relations wanes. The declining ability of international analysis to predict the future of world politics and economics emphasizes the need for a broader, interdisciplinary approach to the study of international relations. This study aims to explore the possibility of creating a new, practical and interdisciplinary model of analysis to address the problems of the modern international system. This approach to the systemic analysis of international relations involves broadening the scope of the study by integrating international political and economic (IPE) analysis and including three analytical levels: explanatory, normative and critical. The article defines the terminology, structure, principles and criteria of such an analysis based on the problems of modern political science. The author also points out the main difficulties in the formation of theoretical and methodological basis of the three-level analysis. Examples of analyzing problems, namely the impact of trade barriers on the instability of global supply chains and the international dimension of the energy crisis of the Federal Republic of Germany (2022 – present) are given, demonstrating the quality and consistency of the results of such analysis.

Stranded Asset Impairment Estimates of Thermal Power Companies Under Low-Carbon Transition Scenarios

The aspiration to reach the net zero carbon target has initiated new ideas for the sustainable development of the world economy. However, it has also accelerated the formation of stranded assets in high-carbon-emitting companies. Taking a Chinese thermal power company as an example, this paper proposes a model to estimate the degree of impairment loss for thermal power companies by integrating the net present value model with forward-looking carbon emission pathways under different policy intervention scenarios. The results show that under the low-carbon transition scenario with different policy interventions, the percentage of impairment loss of thermal power companies reaches up to 64.09%. Furthermore, impairment losses formed by stranded assets in the thermal power sector impose a severe shock on the national economy, as most of the impairment losses will ultimately be borne by the state treasury. Compared with conventional thermal power generation, new-energy power generation has a weak performance in delaying company bankruptcy caused by stranded assets. Therefore, in the process of a low-carbon transition, governmental departments should focus on the impairment loss of thermal power companies caused by stranded assets and should further integrate “green support” and “brown punishment” policies to effectively promote the low-carbon transition of thermal power companies.

Economic development and foreign trade: a сomparative analysis of the United States and China

The article presents a comparative analysis of socio-economic and foreign trade relationships between the United States and the People's Republic of China, two leading countries of the world economy, which exert maximum influence on global processes in economics and politicsas well as in world trade, investment activities and scientific and technical sphere. Today, the rivalry between the two powers has also intensified in the monetary and financial aspect due to the growing importance and share of the yuan in international settlements and government reserves of many countries. This situation continues to worsen smoothly, often having a negative impact on other countries, including the Russian Federation. The purpose of the article is to explore the current state of the demographic situation, the dynamics of GDP and trade turnover of the two countries, to characterize the current situation and identify trends in its development in the medium term, which will make it possible to form the positions and policies of other subjects of the world economy to ensure their stability and balance their actions. The article concludes that both countries are currently experiencing a period of socio-economic and foreign trade turbulence, and its range has not yet shown a tendency to decrease. It is often the United States that acts as the source of this turbulence, trying to overcome the negative processes in its own economy. Therefore, it is important for third countries, for example, Russia, to take consistent measures to ensure national, including foreign economic, security. The methodological basis of the research is statistical, comparative, graphical analysis, the study of reports and archives, calculations based on data from open international statistical databases and official websites of international economic organizations, the main purpose of which is to study the economic indicators of the United States and the People's Republic of China. The study period covers 2012–2023.

Prospects for the economy and foreign trade of Ethiopia: fore cast estimates based on mathematical modeling

The article presents a forecast assessment of the development of the national economy and foreign trade of Ethiopia until 2030, calculated by the authors on the basis of a mathematical and systematic analysis of macroeconomic processes and methods of modeling these processes usingthe Box-Jenkins model (ARIMA). Estimation method: the exact maximum likelihood method. The topic seems relevant due to Ethiopia's accession to the BRICS alliance from 2024. Therefore, it is important to predict possible trends in Ethiopia's economic and foreign trade development, their significance for the country itself, as well as their impact on the economic dynamics of other BRICS countries and the association as a whole. The study is updated taking into account the continued increase in global volatility and the emergence of new threats, including in Africa. The subject is trends in the economic development of Ethiopia as a member of the BRICS. The purpose of the article is to develop a scientifically based forecast of the development of the economy and foreign trade of Ethiopia in the medium term. The article identifies potential threats to the development of the Ethiopian economy. The statistical basis of the study was mainly data from the United Nations Conference on Trade and Development (UNCTAD). The results of the study can be used to understand the trends of socio-economic and foreign trade development of the country, adjust this development, as well as expand and enrich the theoretical concepts of the world economy. The research and author's calculations are based solely on the current circumstances and current realities, without taking into account any fundamental changes in the politics and economy of the country under study. The author's calculations and conclusions can be useful to economists, entrepreneurs, and researchers as a basis for their further practical and scientific activities.

BUSINESS INTELLIGENCE: TOMADA DE DECISÃO PARA MICROEMPRESÁRIOS, UMA IDEIA REVOLUCIONÁRIA PARA ALCANÇAR O SUCESSO

With the world economy and international trade increasingly integrated and diffuse. Companies find a competitive rivalry between competitors, and having good quantitative and qualitative methods for making decisions are some performance indicators. From small organizations to large multinationals in the world, they continually seek a predictable and profitable future scenario. So that they can control or anticipate any eventualities. In the commercial market there is a growing search by organizations for more information and data to assist in decision making. On the other hand, there is an increase in Information Technology (IT) tools, capable of managing, analyzing, generating reports and decisive graphics for decision making (whether for investments; purchases; contracting services; projects and events). Business Intelligence (BI) decision making is accurate, and its information (dice + evidence = strategic decision), based on dynamic statistical data and its environment meets business demands. Implementation project managers, both in BI and ERP, need to be aware of the impact of these systems, otherwise the implementation will fail, as in the Hershey’s case study. The benefits that ERP

BUSINESS INTELLIGENCE: TOMADA DE DECISÃO PARA MICROEMPRESÁRIOS, UMA IDEIA REVOLUCIONÁRIA PARA ALCANÇAR O SUCESSO

With the world economy and international trade increasingly integrated and diffuse. Companies find a competitive rivalry between competitors, and having good quantitative and qualitative methods for making decisions are some performance indicators. From small organizations to large multinationals in the world, they continually seek a predictable and profitable future scenario. So that they can control or anticipate any eventualities. In the commercial market there is a growing search by organizations for more information and data to assist in decision making. On the other hand, there is an increase in Information Technology (IT) tools, capable of managing, analyzing, generating reports and decisive graphics for decision making (whether for investments; purchases; contracting services; projects and events). Business Intelligence (BI) decision making is accurate, and its information (dice + evidence = strategic decision), based on dynamic statistical data and its environment meets business demands. Implementation project managers, both in BI and ERP, need to be aware of the impact of these systems, otherwise the implementation will fail, as in the Hershey’s case study. The benefits that ERP and BI systems bring are numerous and the results are reflected positively within the

A IMPORTÂNCIA DA GOVERNANÇA CORPORATIVA PARA A GESTÃO FINANCEIRA DAS ORGANIZAÇÕES EMPRESARIAIS: UMA IDEIA REVOLUCIONÁRIA PARA ALCANÇAR O SUCESSO

This study analyzed the relationship between Financial Management and Corporate Governance of Micro and Small Companies and their financial performance. To know the reasons that lead a micro and small company to close. By not carrying out an investment plan, spending more than what is actually invoiced and the difficulty of controlling accounts is something that many entrepreneurs suffer. With the world economy and international trade increasingly integrated and diffuse. Micro and small companies are in a competitive rivalry between competitors, and having good quantitative and qualitative methods for analyzing decisions are some performance indicators (KPIs). From small organizations to large multinationals in the world, they continually seek a predictable and profitable future scenario. So that they can control or anticipate any eventualities through financial governance. In the financial market, there is a growing search by organizations for more information and data to assist in their decision-making arrangements. Financial Management has been increasing its area of expertise in terms of needs: cash; planning; capital expenditure research and decisions. Financial management as a refined tool becomes a privilege in the organization's decision making, envisioning future scenarios, which if used correctly leverages profits.