The globalization paradox in 21st century and its applicability in analysis of international stability

Muja, Armend; Hajrizi, Edmond; Groumpos, Peter P.; Metin, Hasan

doi:10.1016/j.ifacol.2018.11.261

Cited by 2 publications

(2 citation statements)

References 5 publications

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“…Scholars from different fields have provided reflections, criticism, and alternatives to globalization. Most of the criticism concentrates on periodical economic crises which may have a worldwide effect, increasing inequality among different countries and different groups of people, unemployment or limited and customized job vacancies in one market, environmental problems, especially in less-developed countries, and the possible increase in social instability [7,11,12]. In particular, with worsened US-China relations and the physical difficulties caused by the pandemic, the fragility of global supply chains has been exposed [13,14].…”

Section: Background 21 From Globalization To Regionalization?mentioning

confidence: 99%

Incorporation of Fisheries Policy into Regional Blocs?—Lessons from the EU’s Common Fisheries Policy

2022

Fishes

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As globalization is facing increasing challenges, regionalization demonstrates the potential to effectively address many transboundary issues. Current international fisheries management has attracted criticisms, among which the poor incentives for countries to attend and comply with the rules are notable. This paper aims to explore whether the incorporation of fisheries policies into regional economic blocs can be a solution to improve cross-border fisheries management. The development, problems, and future of the Common Fisheries Policy (CFP) of the European Union are explored in detail. This paper concludes that the evolution and implementation of the CFP provide some precious lessons for the world. An appropriately designed regional fisheries scheme would help to create incentives for countries to participate in regional regimes and improve their fisheries management. Economic incentives, a good institutional design, and financial and scientific support are critical factors in favor of adopting common fisheries policies under regional economic frameworks.

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Section: Background 21 From Globalization To Regionalization?mentioning

confidence: 99%

Incorporation of Fisheries Policy into Regional Blocs?—Lessons from the EU’s Common Fisheries Policy

2022

Fishes

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“…e early 21st century marked the development of a strong globalization trend [1][2][3]. Modern trade theories emphasize that trade liberalization helps a country to increase the competitiveness of its economy and identify the most effective industries and firms.…”

Section: Introductionmentioning

confidence: 99%

The Multifaceted Sustainable Development and Export Intensity of Emerging Market Firms under Financial Constraints: The Role of ESG and Innovative Activity

et al. 2022

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The role of sustainable development in the export intensity of small and medium-size enterprises (SMEs) represents an open research question. We consider sustainable development through the environmental, social, and governance (ESG) dimensions as well as via firms’ innovative activity indicators. Our objective is to reveal the sustainability determinants of export intensity of SMEs in emerging markets subject to financial constraints, which is one of the major obstacles for SMEs. Our sample is based on the 2018–2020 Business Environment Enterprise Performance Survey data. The Heckman model allows us to reveal the factors relevant for SMEs to gain access to foreign markets under the control of financial constraints specific for SMEs. We also analyze the determinants of the SMEs’ share of direct exports in revenue. Our results demonstrate that innovative activity and corporate social responsibility facilitate entry to foreign markets, while equity concentration is a major deterrent. In particular, we reveal a significant positive effect of research and development investment on export intensity. Our findings highlight the complex nature of the interrelations between the SMEs’ share of direct exports in revenue and ESG consciousness. We find that other significant factors are political links of the top management, the gender composition of production and administrative units, employee training facilities, and ownership structure.

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The globalization paradox in 21st century and its applicability in analysis of international stability

Cited by 2 publications

References 5 publications

Incorporation of Fisheries Policy into Regional Blocs?—Lessons from the EU’s Common Fisheries Policy

Incorporation of Fisheries Policy into Regional Blocs?—Lessons from the EU’s Common Fisheries Policy

The Multifaceted Sustainable Development and Export Intensity of Emerging Market Firms under Financial Constraints: The Role of ESG and Innovative Activity

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