Issues Of International Economics: Environmental Aspects
Issues Of International Economics: Environmental Aspects
Author(s): Liubov ZharovaSubject(s): Business Economy / Management
Published by: Wyższa Szkoła Ekonomiczno-Humanistyczna
Keywords: economics; development; sustainable development; international management; environment
Summary/Abstract: International trade and globalization are among the two most important prerequisites for the country’s economic development. The country’s active involvement in world trade leads to greater openness exacerbates many contradictions that are summarized in the principles of the economy, in particular the face trade-offs (between efficiency and equity). Despite the fact that these issues become accustomed to being considered in the socio-economic, the exhaustion of natural resources requires its implementation to the ecological dimension. There could be pointed several aspects of environmental dimension of international economics: implementation of borrowed outdated technologies and the attraction of investments by the availability of cheap labor; dependence on the mining and export of minerals and raw materials; filling the internal market with cheap and insufficient quality goods ctr. Thereby the participation in contemporary international economic relations needs to take into accounts also the environmental aspects and ecological factors for the effective development in the long-term perspective.
Journal: MIND Journal
- Issue Year: 2018
- Issue No: 6
- Page Range: 1-13
- Page Count: 13
- Language: English