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The Imbalance Of Trade Among Countries In The World Nowadays

Author

Listed:
  • Gatut Luhur BUDIONO

    (Philosophy Doctor in Commerce, Professor, University of Pancasila, Indonesia)

  • Liliana Temirkhanovna BERDIMURATOVA

    (Doctor of Business Administration, Kazakh-Russia International University, Aktobe, Kazakhstan)

  • Jiwa Tribhuana TUNGGADEWI

    (Magister of Management, University of Pancasila, Indonesia)

Abstract

It was the custom of collusion between officials of the State with local and foreign traders to seek personal gain and their allies in the territory of the poor. State officials make laws that provide the opportunity for foreign traders to be able to lend money to the poor state of local merchants to give in exchange for commission. These conditions cause inflation vulnerable because consumptive lifestyle of the community, global competitiveness is weak because it does not have a culture of hard work, creative, and efficient industry.

Suggested Citation

  • Gatut Luhur BUDIONO & Liliana Temirkhanovna BERDIMURATOVA & Jiwa Tribhuana TUNGGADEWI, 2015. "The Imbalance Of Trade Among Countries In The World Nowadays," Economy and Sociology, The Journal Economy and Sociology, issue 1, pages 11-18.
    • Handle: RePEc:aat:journl:y:2015:i:1:p:11-18
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    References listed on IDEAS

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    1. Ahluwalia, Montek S. & Carter, Nicholas G. & Chenery, Hollis B., 1979. "Growth and poverty in developing countries," Journal of Development Economics, Elsevier, vol. 6(3), pages 299-341, August.
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