By Fredrik Erixon of the European Centre for International Political Economy

By Fredrik Erixon of the European Centre for International Political Economy Russia s command to fall in the World Trade Organisation ( WTO ) , filed in 1993, has been the longest accession saga in the history of the universe trade organic structure. Yet now, after bilateral trades with the US and the European Union that secured their support for the rank command, Russia looks set to fall in the pantheon of rules-based planetary capitalist economy at some point following twelvemonth. This is welcome intelligence. Russia would profit from being portion of the WTO nine. Its exports will non acquire much of a encouragement because they are dominated by the hydrocarbons and minerals ( stand foring more than two tierces of entire exports ) and they are already traded at zero or really low duties. But Russia will profit from lower monetary values of imported consumer and industrial goods, and, hopefully, from an addition in foreign direct investing ( FDI ) . If the Kremlin besides decides to follow the WTO regulation book, rank will assist to restrain Russia s fickle trade policy, particularly its regular descents into protectionism. Naturally, that would be of value for exporters to Russia ( and for importers of Russian goods, excessively, as Russia on a regular basis uses export revenue enhancements ) , but the biggest donee would be Russia itself. The biggest casualty of protectionism is ever the state that imposes such steps. Other states would profit from Russian WTO rank through a decrease in duties mean duties will travel down from 12-14 per centum to around 8 per centum and from an betterment in their predictability. The sectors that will profit specifically from a decrease in duties are civil aircraft, building, agricultural and scientific equipment, and medical devices. Russia will necessitate to present greater transparence ( and less favoritism ) in its system for merchandise criterions, licences and other alleged non-tariff barriers ( NTBs ) . Furthermore, sectors dependent on rational belongings, such as chemicals and biotechnology, will profit from holding resort to the WTO s agreement on rational belongings rights ( TRIPS ) to train Russia s shambolic IPR policy. Finally, foreign Bankss and insurance houses will be granted bigger chances to make concern in Russia. But there are besides hazards and downsides to holding Russia as member of the WTO. The biggest hazard is that the Kremlin will merely ignore opinions against Russia in the dispute-settlement system, the anchor of the WTO. As the WTO itself can non implement opinions that require policy alteration in a state, the system requires that states respect the authorization of the dispute-settlem ent organic structure and that bigger and more powerful states avoid playing power games with smaller states over opinions. The instance for esteeming opinions is simple: it is in everyone s involvement that states adhere to hold regulations. The failing is the same as for all systems that depend on enlightened involvement for a common good: some may liberate drive on the system in the belief that it benefits them, at least in the short term. And if some are free-riding, others will follow. And the system will unknot. This hazard is underlined by Russia s recent history of flashing international understandings ( and, as in the instance of the Energy Charter Treaty, retreating from understandings ) in the belief that no 1 would hold the bravery to contend the Kremlin to the acrimonious terminal. Russian rank will besides add a new bed of troubles for WTO dialogues, like the current Doha Round. Russia will be portion of the protectionist wing of the rank and will defy in countries that are cardinal to universe trade today and in future, like liberating up services trade, cutting ruddy tape that prevents trade, and restricting the freedom to subsidise domestic houses at the disbursal of foreign rivals. It will besides implement the resistance to turn toing old issues, like cut downing or extinguishing duties on consumer and industrial goods. Russia s fabrication sector is weak it merely represents 6-7 per centum of Russia s export and suffers from the Dutch disease: the heavy trust on hydrocarbon exports have pushed the existent exchange rate to such a grade that the fabrication sector has suffered. Many industries are saddled with old Soviet engineerings, and they survive on subsidies and boundary line protectionism. There are positive marks that Russia is acute to alter its economic theoretical account. The new Kremlin rhetoric on modernisation and the denationalization plans suggest that energy and state-based economic dictatorship is on a downward tendency. The new morning in its rank command for the WTO is besides a good mark. But the marks are far excessively few to be cheerful about Russian economic policy. Like earlier, optimism over the WTO accession can shortly switch to pessimism. The old theoretical account is entrenched in the Kremlin economic mind and there are many powerful figures that dislike the thought of being constrained by international understandings or increased foreign competition. President Medvedev has now secured the support from the US and the European Union for its WTO command. Now he needs to take the battle with Kremlin co-workers and oligarchs. That may go a far bigger job. Fredrik Erixon is manager of the European Centre for International Political Economy ( ECIPE ) , an economic think armored combat vehicle based in Brussels

Research design proposal Example | Topics and Well Written Essays - 1250 words

Design - Research Proposal Example It is important to denote that descriptive research is effective in providing information concerning the behavior or characteristics of a particular group. Furthermore, a descriptive study is always carried out for purposes of demonstrating an association between things surrounding the world. Looking at this research, the researcher it is descriptive in nature. This is because it requires a researcher to make observations on the factors that cause domestic violence amongst the Hispanic community, and thereafter come up with a more reliable and accurate conclusion concerning the issue. Furthermore this research is concerned with analyzing the relationship amongst individuals. Berk (2006) denotes that one of the major characteristic of a descriptive research design is that it used to analyze the association between two or more groups. On this research qualifies to be use the descriptive research design for purposes of achieving its mandate. In carrying out this research, the researcher will rely mostly on three very important tools of descriptive research design. These tools are, observational, survey, as well as case study approaches (Creswell and Clark, 2007). Under observational research, the researcher will have the responsibility of identifying a group of particular Hispanic households, and analyze their ways of life, this includes whether there is violence or not amongst the identified families. This would therefore force a researcher to choose a population, and on this basis, the best strategy of choosing the population would be the use of a simple random technique. That is, the researcher will identify a least ten households, and randomly choose five, for purposes of observing their ways of life. Under case study approaches, the researcher will mainly rely on secondary sources of data collection to achieve this objective (Creswell and Clark, 2007). The researcher will have to look at journals, books, and

Key Reasons for the Depressing Sales and Profit Case Study

Key Reasons for the Depressing Sales and Profit - Case Study Example One of the chief reasons that try to explain the depressing sales and profits of the Cafe Bijoux is the poor advertising and promotion of the restaurant. In accordance to the introduction of the case, study of the Cafe Bijoux, Jennifer the professor of marketing and a marketing consultant drove back and forth the B street in search for the Cafe Bijoux. Jennifer also denotes that she drove along the B Street making several turns without seeing any visible sign of the restaurant1. This implies that the management of the restaurant has failed in making Cafe Bijoux known to the people. Only after making several circling around the street is when Jennifer was capable of seeing a small sign giving direction to the Cafe Bijoux restaurant. In accordance to the description of Jennifer, it is evident that poor promotion and advertisement of the Cafe Bijoux has contributed to the depressing sales and profits. The number of customers visiting a restaurant is determined by the advertisement and p romotions made concerning the services offered. Since the management of the Cafe Bijoux lacks appropriate advertising techniques, it is almost impossible of the customers interested in obtaining food services from the cafe to identify the direction of the cafe2. Since the cafe is poorly advertised to the customers, it explains the reason why the sales and profits are depressing. Fewer customers visiting the Cafe Bijoux contribute little to the management and maintenance of the cafe. An additional reason that explains to the depressing profits and sales of the Cafe Bijoux is fact that the restaurant offers only one meal. The Cafe Bijoux only offers lunch meals to the target customers. Most of the restaurants in the region that aim at increasing the profitable margins aim at serving the customers with breakfast, lunch and dinner. However, serving the customers with only one meal gives a reason why the Cafe Bijoux receives depressing profits and sales. Not all the target customers will eat lunch from the restaurant. Some of the customers will prefer eating breakfast and maybe carry take away dinner to eat with the rest of the family members. However, since the Cafe Bijoux only offers launch meals alone, it discourages the number of the customers willing to eat breakfast and dinner at the same time3. The restaurant ought to increase the number of meals served to attract more customers and increase the sales and profitable returns. 2. Jennifer conducted a quick phone survey to understand the primary customers’ perceptions about Cafe Bijoux. Describe how Jennifer might have conducted the phone survey (based on your knowledge from marketing research). Phone surveys are one of the modern methods of data collection especially in the field of marketing to gather more information concerning the behavior of the customers. In accordance to the case study of the Cafe Bijoux restaurant, Jennifer conducted a quick phone survey to identify the customer’s behavior in relationship to the attitude and perception towards the Cafe Bijoux4. In conducting the phone survey, Jenner also gained additional information concerning the perception of the surrounding resident towards the services offered by the Cafe Bijoux. The phone survey concerning the Cafe Bijoux would also aid in undertaking customers analysis hence discovering the problems affecting the customers willing to acquire services from the restaurant. In Jennifer’s case, the Cafe Bijoux quick phone survey purposefully conducted the quick phone survey to find out the behavior of the City Hall employees who were the key target for the meals served. The phone survey conducted by Jennifer concerning Cafe Bijoux might have been undertaken in diverse ways to get a proper feedback of the