International Trade in the Age of Turbulent Uncertainty, Globalization, Regionalization and Pandemic

Purpose: This paper analyzes the modern aspects of the international trade policy system in the context of the active development of integration processes in various regions, assesses the role of the WTO (The World Trade Organization) and some ways to improve its activities in accordance with modern challenges. Methods: The methods of comparison, synthesis, abstraction, and modeling based on available information and analytical resources were used. Results: The draft of the future international trade order, especially if it is based on a network of related regional and interregional trade agreements, can become increasingly practical for the effectiveness of trade relations and public confidence regarding the idea of ​​openness and globalization. Conclusion: The main idea of this study is that the global regulation of international trade and the influence of turbulent currents of uncertainties at the national level can be improved with a higher degree of sustainable win-win approaches to reforming the WTO and regional spaces of trade relations

Transformative impacts of globalization on the economy of South Caucasus and Central Asia

Research background: The disappointing economic results of the global economic crises, which brought macroeconomic instability, increasing inequality, are often understood as results of globalization. In this article, besides the positive effects, the many unavoidable negative impacts of globalization on the South Caucasus and Central Asia region are discussed. It is shown that responsibility for the economic crisis is not entirely globalization but a combination of the raw material based economy, together with incorrect trade policy. In this article, an alternative view of globalization is offered, including diversification policy challenges. It also explores the main tools of dissemination of globalization, which has created many new opportunities for business in the region. Purpose of the article: The aim is to find out to what extent the countries are involved in international integration, comparative analysis transformative impacts of globalization. Methods: The methods of comparative analysis and systematization of scientific approaches were employed. The research contains an analysis of the region’s position in the international trade and investment. Findings & Value added: The region has to concentrate on a new picture of the multipolar world. In the region countries, the processes of globalization were accelerated after the countries became a member of WTO, ADB and integration into the international relations. The findings in general correspond with the trends in emerging markets that the process of globalization is gradually turning into functional mechanism of competitiveness, but there are some differences. The impacts of globalization process are progressively increasing, also there are new unforeseen impacts evolving

Stan obecny i perspektywy dalszego rozwoju australijskiego sektora energetycznego: transformacja, zewnętrzne relacje gospodarcze, klimat inwestycyjny

The latest global trends have led to significant changes in the nature of the world’s economic development. This impact has been particularly strong within the energy sector, forcing many countries to change their approaches to energy management. It is consequently relevant to consider this industry’s current state worldwide. In this research, we have examined the current situation of Australia’s energy sector as well as its prospects for development. In this way, the research focuses on assessing the country’s investment climate in the sector and the potential for further changes within it. The methods used in the study include analysis, modeling, forecasting, induction and deduction. Within the research, the impact that global trends, which are currently representative of the global energy market, have had on the development of this industry in Australia are assessed. Additionally, the inner specifics of the changes within the sector are described and investigated. In particular, the Australian energy sector development strategy is briefly described and trends in renewable and conventional energy production are assessed. The authors also describe the country’s prospects with regard to the current international energy market situation and the possible risks. This publication creates a new understanding in the energy sector, particularly in Australia, and its renewable and conventional components. Additionally, new data is being generated as part of the country’s economic research.Ostatnie globalne trendy doprowadziły do znaczących zmian w charakterze rozwoju gospodarczego świata. Wpływ ten był szczególnie silny w sektorze energetycznym, zmuszając wiele krajów do zmiany podejścia do zarządzania energią. W związku z tym istotne jest rozważenie obecnego stanu tej branży na całym świecie. W niniejszym artykule przeanalizowano obecną sytuację sektora energetycznego Australii, a także jego perspektywy rozwoju. W ten sposób badania koncentrują się na ocenie klimatu inwestycyjnego w tym sektorze i potencjale dalszych zmian. Metody wykorzystane w badaniu to analiza, modelowanie, prognozowanie, indukcja, dedukcja i inne. W ramach badania oceniono wpływ globalnych trendów, które są obecnie reprezentatywne dla światowego rynku energii, na rozwój tej branży w Australii. Dodatkowo opisano i zbadano wewnętrzną specyfikę zmian w sektorze. W szczególności krótko opisano strategię rozwoju australijskiego sektora energetycznego oraz oceniono trendy w produkcji energii odnawialnej i konwencjonalnej. Autorzy przedstawili również perspektywy kraju w odniesieniu do obecnej sytuacji na międzynarodowym rynku energii i możliwych zagrożeń. Publikacja ta tworzy nową wiedzę na temat sektora energetycznego, w szczególności w Australii, oraz jego odnawialnych i konwencjonalnych komponentów. Ponadto tworzone są nowe dane w ramach badań ekonomicznych kraju

Assessment of the impact of COP decisions on biodiversity and ecosystems

The relevance of the study is conditioned by the fact that any anthropogenic load or economic activity has an impact on the functioning of natural ecosystems, as demonstrated by the widespread practice of oil palm expansion. The purpose of this study was to develop methods for assessing strategies that play an important role in strengthening measures to protect biodiversity and ecosystems in Africa and Latin America, considering the impact of the decisions of the United Nations Climate Change Conference. The study considers the materials of various international organisations on the problems of biodiversity related to climate crises, inefficient territorial planning, expansion of land for growing crops that deplete the soil or reduce the area of land needed to accommodate biota. The paper presents a sequence of steps to assess the impact of the decisions of the United Nations Climate Change Conference on biodiversity and ecosystems. The aspects of conservation of biodiversity and ecosystems in the context of the expansion of palm plantations are substantiated. The indicators of the ratio between the available land area for palm oil cultivation and the area threatening to reduce the biodiversity of Africa are analysed. Environmental solutions are substantiated, which correspond to the provisions of the United Nations Climate Change Conference in the context of biodiversity and ecosystem conservation, taking into account the expansion of large areas for palm plantations in Colombia. The practical significance of this study lies in the development of a methodology for the economic and mathematical assessment of the decisions of the United Nations Climate Change Conference, which affect the conservation of biodiversity and ecosystems, and are the driving mechanism in creating an effective control system for tracking oil palm plantations, territorial development with the least environmental losses and high economic efficienc