A special impact on the evolution of globalization was produced by the Covid-19 Pandemic that redefined priorities, limited the use of global value chains, discussed the safety of continuing economic ...activities and reduced the absolutization of profit maximization. The article presents the systemic changes in the world economy with a focus on the world market of lithium as a result of the manifestation of a global phenomena.
World Overview Naisbitt, Barry; Boshoff, Janine; Hurst, Ian ...
National Institute economic review,
08/2019, Letnik:
249, Številka:
249
Journal Article
This article reviews and assesses the outcome of the 21st Conference of the Parties (COP-21) to the United Nations Framework Convention on Climate Change (UNFCCC), held in Paris in December 2015. It ...argues that the Paris Agreement breaks new ground in international climate policy, by acknowledging the primacy of domestic politics in climate change and allowing countries to set their own level of ambition for climate change mitigation. It creates a framework for making voluntary pledges that can be compared and reviewed internationally, in the hope that global ambition can be increased through a process of 'naming and shaming'. By sidestepping distributional conflicts, the Paris Agreement manages to remove one of the biggest barriers to international climate cooperation. It recognizes that none of the major powers can be forced into drastic emissions cuts. However, instead of leaving mitigation efforts to an entirely bottom-up logic, it embeds country pledges in an international system of climate accountability and a 'ratchet mechanism', thus offering the chance of more durable international cooperation. At the same time, it is far from clear whether the treaty can actually deliver on the urgent need to de-carbonize the global economy. The past record of climate policies suggests that governments have a tendency to express lofty aspirations but avoid tough decisions. For the Paris Agreement to make a difference, the new logic of 'pledge and review' will need to mobilize international and domestic pressure and generate political momentum behind more substantial climate policies world-wide. It matters, therefore, whether the Paris Agreement's new approach can be made to work.
HOW WILL CAPITALISM END? Streeck, Wolfgang
New Left review,
05/2014, Letnik:
87, Številka:
87
Journal Article
Recenzirano
There is a widespread sense today that capitalism is in critical condition, more so than at any time since the end of the Second World War. Looking back, the crash of 2008 was only the latest in a ...long sequence of political and economic disorders that began with the end of postwar prosperity in the mid-1970s. Successive crises have proved to be ever more severe, spreading more widely and rapidly through an increasingly interconnected global economy. Global inflation in the 1970s was followed by rising public debt in the 1980s, and fiscal consolidation in the 1990s was accompanied by a steep increase in private-sector indebtedness. For four decades now, disequilibrium has more or less been the normal condition of the 'advanced' industrial world, at both the national and the global levels. In fact, with time, the crises of postwar OECD capitalism have become so pervasive that they have increasingly been perceived as more than just economic in nature, resulting in a rediscovery of the older notion of a capitalist society-of capitalism as a social order and way of life, vitally dependent on the uninterrupted progress of private capital accumulation. Adapted from the source document.
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