Main World Exporters of Goods in Years 1995-2011 – Analysis by Value Added

Abstract

The specific social division of labour which is characteristic for the modern world economy where enterprises based in different countries specialize not only in the production of particular goods and services, but also in particular stages of such production is the factor of a new pattern of the production processes a fragmentation on a global scale. As the result of this fragmentation, the final value of the goods and services produced by particular countries contains both domestic and foreign value added content, so it becomes necessary to revise the approach to determining the position of countries in world export. The article aims to analyse the structure of world export of goods by groups of products and by geographical regions based on the concept of measuring foreign trade by value added. The calculations use the OECD-

The Analysis of Causes of Business Financial Distress

“…The deterioration of the company's financial health is the result of many macroeconomic and microeconomic causes. For some of these reasons, most businesses have a negligible impact (GDP growth, unemployment or monetary policy); other causes are intrinsic in character and the enterprise can not only introduce measures to alleviate them but also to eliminate them altogether [21,22].…”