• The Journal of Asian Finance, Economics and Business
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• v.8 no.2
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• pp.453-463
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• 2021

Economic globalization provides a good channel for the development of foreign trade around the world. Due to this background, this paper sets the Organization for Economic Co-operation and Development (OECD) countries as a sample to explore the importance of international logistics in foreign trade. An annual panel data from 2000 to 2017 will be used to conduct an empirical estimation under the panel unit root test and the fixed effect model. Foreign trade is treated as an explained variable and international logistics is treated as explanatory variables. The findings show that international logistics have a positive spillover effect on export trade and the speed of international logistics development has a regulatory effect on the relationship between both of them, which presents a U-shaped curve. When the speed of international logistics development is slow, an increase of it restrains the positive spillover effect of international logistics on export trade. However, when it rises to a certain extent, this increase releases the positive spillover effect of international logistics on export trade. As can be seen by the evidence that this paper provides, the impact of international logistics on foreign trade is dynamic. Moreover, this paper also puts forward some corresponding measures about the relationship between both of them.

• International Journal of Computer Science & Network Security
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• v.21 no.12spc
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• pp.611-619
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• 2021

This article is devoted to the study of digital finance development in the global economy. The study aims to show the digital finance development level in different states and its impact on their economic development. In the course of the study, three hypotheses are put forward: 1) increased spending on innovation contributes to the competitiveness of financial services; 2) digital technology makes the financial systems of states more developed; 3) the development of digital finance contributes to the competitiveness at the level of states. Correlation and regression analysis are applied for building the empirical study. The results of the study helped to understand the digital finance concept. It also shows the main stages of digital finance development, the digitalization rank of the countries, the impact of digitalization on the financial and economic sphere. According to the results of empirical analysis, it is confirmed that the countries that invest more in innovative technologies are more developed. Therefore, digitalization has a significant value for the financial system and has a synergistic effect on all areas of the economy.

• International Journal of Computer Science & Network Security
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• v.22 no.10
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• pp.51-56
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• 2022

The main purpose of the article is to analyze the main approaches to the formation of the food system in modern conditions. The constant growth of the population, the increase in the level of use of natural resources against the background of a decrease in their reserves causes a number of risks for the food security of both a person and the country as a whole. The problem of the formation of food security has always remained at the center of scientific interests of both domestic and foreign researchers. In the context of globalization, this issue is considered as one of the key global problems in the system. Theoretical and metodological basis studia systematic approach to study of fundamental provisions of economic science regarding the formation of the food system. Based on the results of the study, the main approaches to the formation of the food system in modern conditions were characterized. The study has limitations associated with the lack of the ability to analyze the food system on the practical activities of a single socio-economic system.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.2
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• pp.141-149
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• 2022

Despite the importance of the insurance business for financial and economic development, few studies have looked at the factors that influence its growth. This research adds to the body of knowledge by empirically examining the impact of numerous factors on the development of the insurance business in 15 Middle East and North African (MENA) countries from 2000 to 2017. The study looks at macroeconomic, demographic, and institutional factors as potential drivers of the insurance industry's growth, with the insurance premium as a percentage of GDP as the dependent variable. All variables are stationary at the first difference, according to the IPS panel unit root test. The Pedroni residual cointegration test, Kao residual cointegration test, and Johansen-Fisher panel cointegration tests are then used to look for long-run associations. The cointegration tests strongly suggest that the insurance premium and the various variables have long-run correlations. Findings from the Fully-Modified OLS imply that GDP per capita, gross capital formation, and the KOF economic globalization index have a positive long-term impact on the insurance business. The insurance business is also driven by combating corruption and the rule of law. The population and regulatory quality, on the other hand, have no significant impact.

• International Journal of Computer Science & Network Security
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• v.22 no.6
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• pp.297-309
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• 2022

Taking into account the globalization of the economy and the intensification of European integration processes, it has been proved that an important part of evaluating the effectiveness of activity of public sector enterprises should be a comparative analysis of the overall operation environment, namely public procurement, economic environment and tax policy, with the relevant systems of other countries of the world. The indicators and components of international ratings "Doing Business", "Paying Taxes", "Benchmarking Public Procurement" have been studied. Different groups of indicators forming "Doing Business" and "Paying Taxes" in the context of the impact on public sector enterprises have been identified: those which fully comply with the need to evaluate the operating environment of public sector enterprises and those which should be used with restrictions, regarding the peculiarities of creating and functioning of public sector enterprises. A comparative analysis of the place of Ukraine, Lithuania and Slovenia among other countries of the world in accordance with the international rankings of "Doing Business", "Paying Taxes", "Benchmarking Public Procurement" have been made. It has been substantiated that the results of such comparative analysis will allow identifying risk areas, and relevant information can be used in developing of recommendations for improving the effectiveness of activity of public sector enterprises.

• Journal of the Economic Geographical Society of Korea
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• v.19 no.4
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• pp.729-742
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• 2016

Socio-economic polarization in Korea partly due to recent globalization and industrial restructuring could reduce social mobility significantly through passing down educational achievement to one's children. Under the notion that residential segregation is geographical frame for the reproduction of educational inequality, this research investigates residential segregation by educational attainment and neighborhood disparity with a case study of Seoul. The statistical analyses employed local segregation measures such as Location Quotient and Local Moran's I and a variety of variables that reflect neighborhood characteristics. As a result, it found that there are sharp and clear contracts between low- and high-educational group concentrations/clusters particularly in terms of housing characteristics and educational facilities. This results provide some evidences that support the arguments about the causes of residential segregation by class in Korean Cities.

• International Commerce and Information Review
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• v.16 no.3
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• pp.275-304
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• 2014

Due to the rapid progress of globalization, fierce international competition, a declining population, low birth rate and aging population, deficit in a difficult situation at home and abroad, Japan's local governments expand internal and external alliances and partnerships to maximize the economic benefits to the region seeking to enable in the region have efficient allocation of human and material resources through industry support, funding, and administrative efficiency for the purpose of speeding up the formation of a mega regional economies. Union of Kansai Government implements, especially in the wide area of industrial clusters, economic policy need to comprehensive planning and growth strategy such as adjusting the growth strategy attempts to promote the local economy and to enable investment planning and coordination within the current mega regions, These roles are further improving and upgrading their importance of mega regional phase in Japan's regional economic policy.

• Journal of the Economic Geographical Society of Korea
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• v.16 no.1
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• pp.1-16
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• 2013

This study investigates the spatial distribution characteristics of Korean fashion industries during the last decade, in which the economic geography of fashion industries has changed dynamically with economic globalization and "thus resulted in increased" demand "of" diversification. In particular, this study examines the spatial distribution patterns of fashion industries in the Seoul metropolitan area where fashion industries are highly agglomerated. For the purpose, this study applies Moran's I Index of spatial autocorrelation analysis for seven functional sectors of fashion industries related to fashion production. The global and local agglomeration patterns are examined for each functional sector. The results clarify the distinction in the spatial agglomeration patterns among the seven functional sectors of fashion industries in the Seoul Metropolitan area. Logit models are developed to examine the interrelationships among functional sectors in their spatial agglomeration distribution patterns. By conducting binary logistic regression analysis, we find out how the spatial agglomeration of each functional sector is related to the others.

• International Commerce and Information Review
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• v.19 no.2
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• pp.3-24
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• 2017

The level of ICT in the country affects economic performance as a basic infrastructure that has a significant impact on the competitiveness of the country. With the proliferation of globalization, ICT-related economic activities such as electronic trade are becoming more active, and the importance of ICT in the country is increasing. This study sought to analyze the impact of ICT level on the economic performance of the nation by subdividing it into three dimensions: accessibility, usage, and utilization skill. In particular, we sought to find ways to effectively resolve the digital divide between developed and developing countries by analyzing the difference in economic impact of ICT level. Furthermore, we tried to verify whether the government regulation and firm's nature of competitive advantage in the international markets play a moderating role in the economic impacts of ICT in the country. As a result of panel analysis with data collected from ITU, WEF and World bank national ICT level has consistently significant influence on economic growth in terms of access and usage. In addition, it was confirmed that the competitive advantage of companies in developed countries and the government regulation in developing countries have a significant moderating effect on the relationship between ICT level and economic growth.

• Lingua Humanitatis
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• v.2 no.2
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• pp.183-201
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• 2002

Since the end of the Cold War, debate about the grand struggle between capitalism and communism has been largely replaced by debate about religious sectarianism. Some have even referred to a "clash of civilizations" in the wake of the spread of Islamic fundamentalism. This is in fact an old debate, but it has been given new life by arguments about globalization and economic development as envisioned by the West, and especially by the terrorist attacks in New York on September 11, 2001. While the political right has had little difficulty treating religious belief as a fundamental human and social interest, much of the political left has remained committed to secular Enlightenment, even when it criticizes the hegemony of the West. The dispute depends upon competing notions of history, secularism, and progress, and ultimately on the possibility or desirability of universal solidarity. While for many a world unified by one religion may no longer make sense, the old Enlightenment dream that a single version of secular and universal reason will eventually prevail over religious difference may also need to be reconsidered. The process that we call secularization is neither as singular, nor as transparent, as we might think.