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Topic Review
Biography
Topic Review
Digital Economy and Sustainability
The digital economy is defined as the global network of economic activities, professional interactions, and commercial exchanges facilitated by information and communication technologies (ICT). It indicates the world’s transition to the fourth industrial revolution. Technologies such as big data and analytics, artificial intelligence, machine learning, cloud computing, and virtual reality are changing the business landscape. The technologies that characterize the digital economy contribute to sustainable development, providing innovations that help improve people’s standard of living and providing advanced techniques to protect the planet, ensuring organizational profitability.
834
31 Jul 2023
Topic Review
Corporate Responsibility in the Digital Era
As the digital era advances, many industries continue to expand their use of digital technologies to support company operations, notably at the customer interface, bringing new commercial opportunities and increased efficiencies. New sets of responsibilities associated with the deployment of these technologies are emerging, encompassed within the concept of corporate digital responsibility (CDR). The scope of CDR is wide-ranging and overlaps with the other dimensions of corporate social responsibility (CSR), having social, economic, ethical, and environmental—as well as technological components.
599
31 Jul 2023
Topic Review
Developing Forest Carbon Sinks for China
There is growing recognition of the role of forest carbon sinks in offsetting carbon emissions to reduce the threat of global warming. One example of this recognition is the International Union for Conservation of Nature (IUCN)-initiated Bonn Challenge which has committed to the restoration of 350 million hectares of forest by 2030, estimated to have the potential to sequester up to 14% of global carbon emissions.
285
31 Jul 2023
Topic Review
Empowering Women through Digital Financial Inclusion
Financial inclusion empowers women and offers them more financial authority. It ultimately could have a positive impact on a family’s entire home. In addition, agency banking and other digital financial services made available through mobile phone platforms let women conduct transactions easily and safely from their own homes, companies, and communities. Despite the substantial advantages, there are still considerable challenges that need to be overcome before more women throughout the world may access digital financial services.
245
31 Jul 2023
Topic Review
Profit Maximization for Carsharing Services
This research considers building a dynamic model of profit maximization for a carsharing system and its verification based on the case of implementing such a system in Astana, Republic of Kazakhstan. The region, bounded by the administrative boundaries of Astana, was divided into subregions that covered the region with regular hexagons placed side by side.
230
31 Jul 2023
Topic Review
Macroeconomic Simulator with Multi-Layered Supplier–Customer Relationships
Instead of setting an upstream and downstream structure of firms in the inter-firm networks, the model includes a mechanism that connects each firm through supplier–customer relationships and incorporates interactions between firms mutually buying and selling intermediate input materials. It is confirmed through the proposed model’s simulation analysis that, although a firm’s sales volume temporarily falls due to an economic shock of the type that causes a sharp decline in households’ final demand, the increase in assets held by households as they refrain from spending rather expands their capacity for consumption.
216
31 Jul 2023
Topic Review
Factors Influencing International Infrastructure Investment
International economic cooperation accelerates the flow of capital, technology, labor, and other factors between different countries, which promotes global sustainable development. Building infrastructure construction is an important way to strengthen social development, and absorbing foreign capital is an effective way for developing countries to improve their infrastructure and to promote economic development.
213
31 Jul 2023
Topic Review
Bilateral Value Chainst—The EU and Russia
Russia and the EU represent two economic blocs with high-value bilateral trade, especially in several specific sectors. The Russia–Ukraine war has facilitated the escalation of protectionism against Russia, and the EU and Western partners have introduced a set of sanctions on the import of goods from Russia, but also on EU exports to Russia. Russia is a resource-rich country whose exports are mainly based on resources and resource-related products. Therefore, forward participation in global value chains dominates, being 4.5 times higher than backward participation. In the EU and its member states, backward participation dominates, implying a high level of dependence of the production process in the EU on import of intermediates from abroad.
217
28 Jul 2023
Topic Review
Exploring the Connection between Clean and Dirty Energy
This study investigates the relationship between clean and dirty energy markets, specifically focusing on clean energy stock indexes and their potential as hedging assets and safe havens during periods of global economic uncertainty. The research analyzes five clean energy indexes and four dirty energy indexes from May 2018 to May 2023, considering events such as the global pandemic and the Russian invasion of Ukraine. The main objective is to examine the causal relationship among different stock indexes pertaining to dirty and clean energy by using the Granger causality test (VAR Granger Causality/Block Exogeneity Wald Test) to determine whether clean energy indexes can predict future prices of dirty energy indexes. However, the findings reveal that clean and dirty energy indexes do not exhibit hedging characteristics or serve as safe havens during times of economic uncertainty, rejecting the research question. These results have important implications for investment strategies, as assets lacking safe haven characteristics may not preserve portfolio efficiency in uncertain times. The study's insights provide valuable guidance for investors, policymakers, and participants in energy financial markets. It highlights the need to adapt investment approaches and seek alternative options to navigate uncertain economic conditions effectively.
514
27 Jul 2023
Topic Review
Closed-Loop Supply Chains in Discrete Time
Durable products are mostly traded under discrete-time conditions, and consumers tend to have different purchase regret psychologies during the trading process of different types of durable products (innovative or remanufactured). In addition, different purchase regret psychologies can affect the dynamic decision-making behaviour of the nodal enterprises in the supply chain, thus affecting the dynamic decision-making optimization sequence of the supply chain and nodal enterprises.
282
27 Jul 2023
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