Openness

Global production landscape a result of market competition, international division of labor

Retrieved on: 
onsdag, maj 8, 2024

As a result, the distribution of manufacturing capacity in different countries and regions has been constantly changing, forming a dynamic global pattern of production capacity.

Key Points: 
  • As a result, the distribution of manufacturing capacity in different countries and regions has been constantly changing, forming a dynamic global pattern of production capacity.
  • Under open market economy, an international division of labor has been formed due to the comparative advantages of countries.
  • Through international trade, they share the benefits brought about by this division of labor and specialization.
  • Instead, it is a natural phenomenon of international division of labor and specialization based on comparative advantages during the process of economic globalization.

Global production landscape a result of market competition, international division of labor

Retrieved on: 
onsdag, maj 8, 2024

As a result, the distribution of manufacturing capacity in different countries and regions has been constantly changing, forming a dynamic global pattern of production capacity.

Key Points: 
  • As a result, the distribution of manufacturing capacity in different countries and regions has been constantly changing, forming a dynamic global pattern of production capacity.
  • Under open market economy, an international division of labor has been formed due to the comparative advantages of countries.
  • Through international trade, they share the benefits brought about by this division of labor and specialization.
  • Instead, it is a natural phenomenon of international division of labor and specialization based on comparative advantages during the process of economic globalization.

FAST COMPANY GRILL RETURNS TO SXSW

Retrieved on: 
tisdag, mars 5, 2024

AUSTIN, Texas, March 5, 2024 /PRNewswire/ -- Fast Company will return to SXSW with its annual Fast Company Grill in Austin, TX, from March 9-11, located at Cedar Door (201 Brazos Street). This exclusive hub will be open daily with panels, demos, and interactive experiences, giving audiences a window into the wide-open future of business, tech, entertainment, and beyond. An all-star lineup of speakers will include "Game of Thrones" creators David Benioff and D.B. Weiss, Nick Kroll and his collaborators on the upcoming film "I Don't Understand You", award-winning chef and philanthropist José Andrés, and Uber CEO Dara Khosrowshahi. Fast Company is thrilled to partner with Canva, the event's first-ever presenting sponsor.

Key Points: 
  • AUSTIN, Texas, March 5, 2024 /PRNewswire/ -- Fast Company will return to SXSW with its annual Fast Company Grill in Austin, TX, from March 9-11, located at Cedar Door (201 Brazos Street).
  • In addition to insightful programming, it wouldn't be the Fast Company Grill without high-impact networking moments and stellar live entertainment from buzzworthy artists including Sudanese-American singer-songwriter, Sinkane.
  • "The Fast Company Grill is a mainstay of SXSW, a place that festival-goers look forward to returning to year after year," says Fast Company editor-in-chief Brendan Vaughan.
  • "The Fast Company Grill has become an indispensable part of SXSW, and Canva is thrilled to take part in meaningful conversations which bring business, creativity, and tech closer together.

The macroeconomic effects of global supply chain reorientation

Retrieved on: 
lördag, februari 10, 2024
Bank, Control, Quarterly Journal of Economics, Literature, Deutsche Bundesbank, Reconstruction, COVID-19, Monetary policy, Medical classification, Aggregate, Interest, Hail, Motion, Organization, WT, Policy, Smith, Elasticity, American Economic Review, Information, CHiPs, Journal of Economic Perspectives, Reproduction, Tagliapietra, Culture, Journal of International Economics, Section 3, European Commission, Communication, B16, Shock, NTM, European Chips Act, SSC, PHT, B17, Classification, Common, Tradability, Bank of Italy, Congressional Research Service, NT, Central bank, Private, Exercise, NIU, Labour, PDF, Website, European Parliament, Terrorism, Employment, B10, SUBST, Agricultural economics, F62, RTK, Bank of England, European Central Bank, Calibration, Agriculture, Foreign policy, Semiconductor, International Monetary Fund, Research Papers in Economics, Outline, Council, Openness, Bias, Economic system, European Council, Public policy, Deutsch, Statistics, GDP, Real, American Economic Journal, Table, Journal, YT, EAGLE, Household, Grossman, Science, Conference, Journal of Comparative Economics, Horse, SSRN, TC, Consumption, REA, F13, Section 2, University, Section 5, Legislation, Money, NTD, Central Bank of Ireland, Language, Capital, University of Limerick, Intermediate, CBI, Caselli, Macroeconomics, Crowding, Technical report, B14, Tax, Civil service commission, Growth, Commission, UNCTAD, Optimism, Politics, PIM, PX, Work, Social science, JEL, Government, Automation, HTT, Quarterly Journal, Canadian International Council, ECB, XT, METRO, ELAS, Credit, Bolt, Research, European Communities, American Journal, ArXiv, Unilateralism, Lerner, Motivation, International, C6, Committee, Security (finance)

We analyse the macroeconomic

Key Points: 
    • We analyse the macroeconomic
      effects of supply chain reorientation through localisation policies, using a global dynamic
      general equilibrium model.
    • While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
      analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
    • The large sensitivity of the global economy to the recent supply chain shocks suggests that
      the international trade reconfiguration implied by localisation policies could also have sizable
      impacts on key macroeconomic variables such as output, employment and inflation.
    • Thus, localisation focuses on the
      goods in our model most closely related to global supply chains.
    • Retaliation also attenuates any positive effects from
      reshoring on output and implies a reduction in the volume of overall international trade.
    • This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
      most susceptible to supply chain disruptions.
    • Either that, or the economic costs are considered a worthwhile trade-off for an increase
      in security of supply, for example.
    • While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
      analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
    • Recent supply chain shocks have had large effects, with disruptions in 2021 estimated
      to have reduced euro area GDP by around two percent and doubled the rate of manufacturing producer inflation (Celasun et al., 2022).
    • To analyse this issue, we simulate a (partial) reshoring of production back to Europe in
      a global dynamic general equilibrium framework.
    • Thus,
      localisation focuses on the goods in our model most closely related to global supply chains.3 We
      model reshoring through a direct change to the export goods? production-function parameters.
    • Since reshoring
      effectively shortens the supply chain, the sum of markups along the chain falls.
    • This means that imports that are at the end of the supply chain (i.e.
    • In particular, our work relates to papers examining the potential for countries to reduce
      their exposure to global supply chains.
    • (2021) demonstrate that reduced reliance on foreign inputs does not mitigate pandemicinduced contractions in labour supply.
    • (2021) find no evidence of a relationship
      between global value chain integration and macroeconomic volatility.
    • This dynamic, along with factors such as natural disasters, climate-change
      induced volatility and terrorism mean that supply chain disruptions could be a new normal
      (Grossman et al., 2021).
    • Our work contributes to the literature providing dynamic general equilibrium analyses of
      protectionist policies, in particular those using global macroeconomic models to quantify trade
      policy changes.
    • (2008) analyse the effect of a rise in protectionism in response
      to rising global trade imbalances.
    • Linde? and Pescatori (2019) find that although the macroeconomic costs of a
      trade war are substantial, a fully symmetric retaliation is the best response.
    • (2020) consider a rich input-output structure and demonstrate that closer integration amplifies
      the adverse effects of protectionist trade policies.
    • Several recent studies have also examined the economic effects of a global trade fragmentation.
    • First, we modify a dynamic general
      equilibrium model of the global economy in order to analyse the transmission of localisation
      policies.
    • This allows for a comprehensive treatment of cross-border macroeconomic interdependences and spillovers between the different regions.
    • 4

      There is, however, substantial cross-country heterogeneity in terms of impact, with small open economies
      (SOEs) reliant on global supply chains more affected.

    • ECB Working Paper Series No 2903

      7

      Second, we are able to assess both long-run effects and the transition dynamics of localisation
      policies.

    • Our model contains a detailed monetary block and captures inflation dynamics, which is a key
      concern for supply chain reorientation.
    • Overall, our paper contains a careful analysis of the key aspects of the localisation debate,
      including effects of localisation on domestic competition and efficiency.
    • Section 2 provides a brief overview of the model, the modifications to examine
      global supply chain reorientation, some key details on the calibration and a brief discussion of
      the nature of our exercise.
    • (2020) for discussions of the relative strengths and weaknesses of
      trade and macroeconomic models in assessing large economic shocks.
    • 2.1

      Supply chain reorientation

      Our analysis focuses on imported inputs used to produce goods for export, as the introduction
      of localisation policies is in response to recent disruptions to global supply chains.

    • Since reshoring
      effectively shortens the supply chain, the sum of markups along the chain falls.
    • Further to
      these effects, engagement with global firms provides an opportunity for knowledge spillovers to
      local firms (Criscuolo et al., 2017).
    • This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
      most susceptible to supply chain disruptions.
    • (B12)

      Adjusting the share of local inputs in export goods, of course, affects prices and quantities all
      along the supply chain.

Seattle Business Magazine Ranks CloudMoyo in Top 100 Companies to Work For 2023 – Five Years Running

Retrieved on: 
fredag, februari 2, 2024

Leading digital engineering firm, CloudMoyo , has once again ranked in Seattle Business Magazine’s Top 100 Companies to Work For 2023.

Key Points: 
  • Leading digital engineering firm, CloudMoyo , has once again ranked in Seattle Business Magazine’s Top 100 Companies to Work For 2023.
  • CloudMoyo serves numerous Fortune 500 companies, building tailor-made solutions that have earned them a Net Promoter Score of 73.
  • The annual 100 Best Companies to Work For (currently in its 34th year) was created by Seattle Business Magazine and its partner, Best Companies Group.
  • CloudMoyo is also recognized by Seattle Business Magazine as a “Top Company to Work For” ranking in the top 15 for the fifth consecutive year in 2023.

Hebei: Expanding Openness and Cooperation for Mutual Development

Retrieved on: 
fredag, december 22, 2023

They came together to strengthen friendships, and seek cooperation and development.

Key Points: 
  • They came together to strengthen friendships, and seek cooperation and development.
  • The theme of this forum is "Expanding Openness and Cooperation for Mutual Development."
  • They also engaged in roundtable discussions on deepening cooperation between China and Central and Eastern European countries.
  • Today, the China-CEEC (Cangzhou) SME Cooperation Forum has become a flagship foreign affairs event in Hebei Province.

Winners Announced For 2023 Hong Kong IMXpo "Miss IMX" and iSHANG Web3 Voting Campaign With New Record High Voting Results

Retrieved on: 
måndag, december 18, 2023

HONG KONG, Dec. 18, 2023 /PRNewswire/ -- The highly anticipated 2023 Miss IMX Web3 Voting Campaign was successfully held from December 14-17, 2023.

Key Points: 
  • HONG KONG, Dec. 18, 2023 /PRNewswire/ -- The highly anticipated 2023 Miss IMX Web3 Voting Campaign was successfully held from December 14-17, 2023.
  • iSHANG, a leading technology company specializing in Web3 solutions, proudly provided the end-to-end Web3 voting system through its revolutionary "Web3-as-a-Service" (W3aaS) platform.
  • They are Ms. Gigi Fung , Ms. Shirley Lau & Ms. Jeannie Leung for Miss IMX, and Ms. Suki Lau , Ms. Miyuki Sham J & Ms. Jeannie Leung for Web3 voting winners.
  • Ms. Dora Li, Co-founder of IMXpo, stated, "We are very delighted to continue our collaboration with iSHANG for the second year of Web3 voting for Ms. IMX contest.

Winners Announced For 2023 Hong Kong IMXpo "Miss IMX" and iSHANG Web3 Voting Campaign With New Record High Voting Results

Retrieved on: 
måndag, december 18, 2023

HONG KONG, Dec. 18, 2023 /PRNewswire/ -- The highly anticipated 2023 Miss IMX Web3 Voting Campaign was successfully held from December 14-17, 2023.

Key Points: 
  • HONG KONG, Dec. 18, 2023 /PRNewswire/ -- The highly anticipated 2023 Miss IMX Web3 Voting Campaign was successfully held from December 14-17, 2023.
  • iSHANG, a leading technology company specializing in Web3 solutions, proudly provided the end-to-end Web3 voting system through its revolutionary "Web3-as-a-Service" (W3aaS) platform.
  • They are Ms. Gigi Fung , Ms. Shirley Lau & Ms. Jeannie Leung for Miss IMX, and Ms. Suki Lau , Ms. Miyuki Sham J & Ms. Jeannie Leung for Web3 voting winners.
  • Ms. Dora Li, Co-founder of IMXpo, stated, "We are very delighted to continue our collaboration with iSHANG for the second year of Web3 voting for Ms. IMX contest.

Yili Joins China International Import Expo for Six Consecutive Years

Retrieved on: 
måndag, november 13, 2023

SHANGHAI, Nov. 13, 2023 /PRNewswire/ -- On November 5, the 6th China International Import Expo (CIIE) opens in Shanghai.

Key Points: 
  • SHANGHAI, Nov. 13, 2023 /PRNewswire/ -- On November 5, the 6th China International Import Expo (CIIE) opens in Shanghai.
  • As an "old friend" of the CIIE, Yili was once again invited to participate in the opening ceremony and its flagship forum.
  • Yili showcased its high-quality products from its subsidiary Oceania Dairy at the CIIE, demonstrating China's Dairy Industry's Openness and Development.
  • Oceania Dairy, a subsidiary of Yili that participated in this exhibition, is the world's largest integrated dairy base in New Zealand.

Yili Joins China International Import Expo for Six Consecutive Years

Retrieved on: 
måndag, november 13, 2023

SHANGHAI, Nov. 13, 2023 /PRNewswire/ -- On November 5, the 6th China International Import Expo (CIIE) opens in Shanghai.

Key Points: 
  • SHANGHAI, Nov. 13, 2023 /PRNewswire/ -- On November 5, the 6th China International Import Expo (CIIE) opens in Shanghai.
  • As an "old friend" of the CIIE, Yili was once again invited to participate in the opening ceremony and its flagship forum.
  • Yili showcased its high-quality products from its subsidiary Oceania Dairy at the CIIE, demonstrating China's Dairy Industry's Openness and Development.
  • Oceania Dairy, a subsidiary of Yili that participated in this exhibition, is the world's largest integrated dairy base in New Zealand.