Impact of external and internal factors on China’s economic growth

Kheyfets, Boris; Chernova, Veronika Yu.

doi:10.15826/recon.2022.8.2.008

Cited by 4 publications

(1 citation statement)

References 20 publications

(24 reference statements)

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“…The special role of technology and digitalization in the modern economy, world politics and international relations led the researchers (Danilin, 2021) to conclude that US technological sanctions against China have the nature of a technological war and are aimed at a long-term impact. One of the measures to mitigate this threat is to encourage Chinese industrial companies to become less dependent on foreign supplies and resources (Kheyfets & Chernova, 2022). The sanctions imposed on Russia in 2022 can also be described as a technological war and measures to mitigate their longterm effects are needed.…”

Section: Legal and Regulatory Factorsmentioning

confidence: 99%

Cloud computing: global trends and challenges for Russia in the time of sanctions

Балашова

Musin

2022

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Relevance. Cloud computing brings significant benefits to economy; the speed of its adoption is crucial for emerging as well as for established businesses. In 2022, since the sanctions against Russia were introduced, the dynamically developing Russian cloud market has been dealing with new challenges, which require scholarly attention. Research Objective. The purpose of this study is to summarize the key factors that determine cloud adoption globally, identify the peculiarities of the Russian cloud market and outline the prospects for the development of cloud computing in Russia, taking into account the sanctions imposed in 2022. Data and methods. The study relies on the statistical data from global databases and market surveys. The methodological framework of the study comprises comparative analysis and scenario methods. Results. The main drivers of cloud adoption are infrastructural, economic, social and legal factors. Even though in some of these parameters Russia has achieved good results, the overall level of adoption of cloud services in the country is quite low. The Russian cloud market has a large share of local players, but the negative factor is SMEs’ reluctance to move to the cloud. Further growth in this sphere is possible, however, even if the size of the cloud market shrinks. Conclusions. The 2022 sanctions have posed a major threat to the Russian cloud market as they affected the segments of the critical IT infrastructure. However, there is likelihood that local cloud service providers might be able to substitute global providers. In many ways, it depends on the success of import substitution programs in the field of IT equipment, the policy of local providers, legislative support, and businesses’ willingness to move to the cloud.

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Section: Legal and Regulatory Factorsmentioning

confidence: 99%

Cloud computing: global trends and challenges for Russia in the time of sanctions

Балашова

Musin

2022

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Quantification of the short-term impact of economic shock events on the gross domestic product of 31 provinces in China from 2005 to 2022

Wang,

Zhang,

Wang

et al. 2024

SN Bus Econ

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Income inequality persistence in African countries: financial regulation and military expenditure roles

Jungo,

Madaleno,

Botelho

2024

IJSE

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PurposeEvidence shows that African countries are confronted with high levels of income inequality. Therefore, it is relevant to approach and analyze the factors contributing to these severe inequality cases. This paper addresses the issue by focusing on the role of financial regulation and military spending.Design/methodology/approachWe used a sample of 30 African countries and a recent period (2009–2020), employing various instrumental variable estimation techniques to control for endogeneity.FindingsThe results confirm that economic growth aggravates income inequality due to high corruption and political instability. Results confirm that the increase in military spending increases inequality and that financial regulation weakens financial inclusion and also increases income inequality.Research limitations/implicationsThe study shows the need for greater control of corruption and the promotion of political stability so that economic growth and financial inclusion can effectively reduce income inequality, as well as the need for a better balance in the drafting of financial regulations and the preparation of military expenditure to safeguard other policy objectives.Originality/valueThe present study contributes to scarce financial, economic, and social literature considering the role of financial regulation and military spending in the persistence of income inequality in African countries. Previous studies disregarded this fact.Peer reviewThe peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-04-2023-0287

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Impact of external and internal factors on China’s economic growth

Cited by 4 publications

References 20 publications

Cloud computing: global trends and challenges for Russia in the time of sanctions

Cloud computing: global trends and challenges for Russia in the time of sanctions

Quantification of the short-term impact of economic shock events on the gross domestic product of 31 provinces in China from 2005 to 2022

Income inequality persistence in African countries: financial regulation and military expenditure roles

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