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Global Value Chain Adoptability in Economic Research
In: Társadalomkutatás, Band 27, Heft 1, S. 73-92
ISSN: 1588-2918
World Affairs Online
A Decade Continuing in Service. The 80s as Survivors of the Economic Change of System
In: Társadalomkutatás, Band 28, Heft 1, S. 85-93
ISSN: 1588-2918
The Role of Intellectual Property Rights in the Economic Growth of the European Union's Cultural Sector
In: Társadalomkutatás, Band 28, Heft 2, S. 179-194
ISSN: 1588-2918
Erratum: A Decade Continuing in Service. The 80s as Survivors of the Economic Change of System
In: Társadalomkutatás, Band 28, Heft 2, S. 249-249
ISSN: 1588-2918
Economic Warfare and Geopolitical Struggles in the World Oil Market ; Gazdasági hadviselés és geopolitika küzdelmek az olaj világpiacán
In recent decades, the United States has increasingly used the means of economic warfare in its geopolitical struggles. Among these instruments – in addition to the financial markets – it most often launches geoeconomic attacks in the oil market against its geopolitical adversaries. The United States can cause significant economic damage both for oil exporter (eg. Iran, Venezuela) and oil importer (eg. Cuba, North Korea) countries by restricting their access to oil markets.This paper analyzes the economic warfare in the oil market between the United States and Iran, Russia, and North Korea. Through these examples this paper demonstrates how the United States organizes and executes geoeconomic attacks in the oil market and how it handles country-specific problems. The United States has the means to organize broad international coalition alongside the oil market sanctions – even in the lack of UN Security Council resolutions.United Nations has decided on a number of economic sanctions against Iran because of its nuclear program. These sanctions reduced the supply in the world oil market and resulted in about 10-20% price increase, while Iran – despite of the sanctions – found the way to sell significant amount of oil, mainly to China and India.Russia is a member of the UN Security Council, so no UN sanctions can be imposed on it, nevertheless the United States and its allies launched a geoeconomics assault against Russia after the annexation of the Crimea. Russia was prepared for these economic sanctions and could effectively reduce the negative effects on its oil export, which could even increase after the western sanctions. North Korea is under UN sanctions since 2006 because of its nuclear program. The sanctions refer to oil and oil products as well, but has no significant effect on world oil market and oil price, because North Korea is a relatively small country with low oil consumption.North Korea is suffering a huge economic burden due to severe restrictions and its only way to circumvent the embargo – according to American accusations – is to smuggle some oil from China and Russia. ; In recent decades, the United States has increasingly used the means of economic warfare in its geopolitical struggles. Among these instruments – in addition to the financial markets – it most often launches geoeconomic attacks in the oil market against its geopolitical adversaries. The United States can cause significant economic damage both for oil exporter (eg. Iran, Venezuela) and oil importer (eg. Cuba, North Korea) countries by restricting their access to oil markets.This paper analyzes the economic warfare in the oil market between the United States and Iran, Russia, and North Korea. Through these examples this paper demonstrates how the United States organizes and executes geoeconomic attacks in the oil market and how it handles country-specific problems. The United States has the means to organize broad international coalition alongside the oil market sanctions – even in the lack of UN Security Council resolutions.United Nations has decided on a number of economic sanctions against Iran because of its nuclear program. These sanctions reduced the supply in the world oil market and resulted in about 10-20% price increase, while Iran – despite of the sanctions – found the way to sell significant amount of oil, mainly to China and India.Russia is a member of the UN Security Council, so no UN sanctions can be imposed on it, nevertheless the United States and its allies launched a geoeconomics assault against Russia after the annexation of the Crimea. Russia was prepared for these economic sanctions and could effectively reduce the negative effects on its oil export, which could even increase after the western sanctions. North Korea is under UN sanctions since 2006 because of its nuclear program. The sanctions refer to oil and oil products as well, but has no significant effect on world oil market and oil price, because North Korea is a relatively small country with low oil consumption.North Korea is suffering a huge economic burden due to severe restrictions and its only way to circumvent the embargo – according to American accusations – is to smuggle some oil from China and Russia.
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Régiók, regionalizmus, gazdasági kapcsolatok és azok előzményei a mai Európában = Region, regionalism, economic relations in today's Europe
Regions and regionalism are rather flourishing in Europe. But what do regionalism and the expression "Europe of regions" exactly mean? There are three approaches to the question: first, the concept of cross-border interregionality between the Member States of the European Union; second, the effort to make regions the basic building blocks of European integration instead of states; and finally, the objective to introduce a three-tier structure to the European Union which would extend the already existing tiers of the European Union and the Member States with a third one, the territorial units within nation-states. The first approach (interregional cooperation) has long been adopted; the second approach (the vision of Europe made up of regions instead of states) is rather utopian. The third one is subject to fierce debates: a three-tier European Union with European, nation-state and regional levels. Although the form, motives and causes of movements promoting regionalism may vary greatly, 1 their purpose is the same for autonomous, federalist and separatist movements alike: to relativise the existing central nation-state. Thus, advancing European integration has become a natural ally for them as – from their perspective – it meant the disfunctionality of traditional nation-states. A supranational and therefore multinational and multicultural community promises much more room for development than a classic nation-state.
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