New Trends in the World Economy and the Countermeasures for Development in the New Era

In the context of “the world is undergoing great development, transformations, and adjustments,” the new trends in the world economy deserve more attention. This article gives a brief review of changes in international trade growth, current account balances, international investment flow, effecti...

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Main Author: He Liping;Tong Zhiqiang
Format: Article
Language:English
Published: Editorial Department of Contemporary Social Sciences 2019-01-01
Series:Contemporary Social Sciences
Subjects:
Online Access:https://css.researchcommons.org/journal/vol2019/iss1/3
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author He Liping;Tong Zhiqiang
author_facet He Liping;Tong Zhiqiang
author_sort He Liping;Tong Zhiqiang
collection DOAJ
description In the context of “the world is undergoing great development, transformations, and adjustments,” the new trends in the world economy deserve more attention. This article gives a brief review of changes in international trade growth, current account balances, international investment flow, effective interest rates, and relative growth rates of both developed and developing economies. It argues that the slowdown in external demands will continue for a long time, that countries may attach more importance to external markets and competition will intensify. In the course of economic globalization, China needs to focus on developing its domestic markets, devote itself to creating favorable social and economic institutional conditions to increase efficiency and constantly progress in endogenetic technology, and explore an upgraded system for international multilateral trade and investment
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spelling doaj.art-af104bc57f7a402892b91f74991c01e52023-03-02T05:51:15ZengEditorial Department of Contemporary Social SciencesContemporary Social Sciences2096-02122019-01-0110.19873/j.cnki.2096-0212.2019.01.003New Trends in the World Economy and the Countermeasures for Development in the New EraHe Liping;Tong Zhiqiang0Beijing Normal UniversityIn the context of “the world is undergoing great development, transformations, and adjustments,” the new trends in the world economy deserve more attention. This article gives a brief review of changes in international trade growth, current account balances, international investment flow, effective interest rates, and relative growth rates of both developed and developing economies. It argues that the slowdown in external demands will continue for a long time, that countries may attach more importance to external markets and competition will intensify. In the course of economic globalization, China needs to focus on developing its domestic markets, devote itself to creating favorable social and economic institutional conditions to increase efficiency and constantly progress in endogenetic technology, and explore an upgraded system for international multilateral trade and investmenthttps://css.researchcommons.org/journal/vol2019/iss1/3international tradeinternational investment floweffective interest rate
spellingShingle He Liping;Tong Zhiqiang
New Trends in the World Economy and the Countermeasures for Development in the New Era
Contemporary Social Sciences
international trade
international investment flow
effective interest rate
title New Trends in the World Economy and the Countermeasures for Development in the New Era
title_full New Trends in the World Economy and the Countermeasures for Development in the New Era
title_fullStr New Trends in the World Economy and the Countermeasures for Development in the New Era
title_full_unstemmed New Trends in the World Economy and the Countermeasures for Development in the New Era
title_short New Trends in the World Economy and the Countermeasures for Development in the New Era
title_sort new trends in the world economy and the countermeasures for development in the new era
topic international trade
international investment flow
effective interest rate
url https://css.researchcommons.org/journal/vol2019/iss1/3
work_keys_str_mv AT helipingtongzhiqiang newtrendsintheworldeconomyandthecountermeasuresfordevelopmentinthenewera