Global Economic Perspectives (Print ISSN:2972-4813 Online ISSN:2972-4821)is an open access, international academic journal dedicated to promoting academic research and knowledge exchange in the global economic field. This journal aims to provide an open platform for economists, scholars, and decision-makers to explore and discuss various aspects of global economic development. We welcome original and high-quality research papers, reviews, and review articles covering various fields of economic theory, methods, and applications.
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An Analysis of the Economic Empowerment Pathways Through Which an Improved Social Security System Promotes the Formation of Labor Health Capital
Yun-Peng Pang
This paper aims to systematically analyze how an improved social security system effectively promotes the formation, accumulation, and intergenerational transmission of labor health capital through multiple economic empowerment pathways. The study first clarifies the theoretical connotations of health capital and the social security system, as well as their interactive logic. It then examines, from three levels—micro-level individual behavioral incentives, meso-level market efficiency optimization, and macro-level economic growth support—the direct and indirect mechanisms through which core social security programs, including medical insurance, pension insurance, and unemployment insurance, influence the formation of health capital. Subsequently, drawing on China’s practical experience, the paper explores the structural challenges currently faced by the social security system in empowering health capital formation. Finally, policy optimization recommendations are proposed with a focus on “life-cycle health management” and “high-quality and full employment,” in order to provide theoretical references and practical pathways for building a more inclusive, sustainable, and productive social security system.
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Research on China-ASEAN Industrial Chain Cooperation Models and Pathways to Enhance Resilience
Xiao-Peng Li
With the accelerated reconstruction of the global industrial chain and the in-depth development of regional economic integration, the industrial chain cooperation between China and ASEAN is transforming from traditional processing trade to regional value chain division of labor. This article systematically reviews the current situation and main models of China-Asean industrial chain cooperation, deeply analyzes the pain points existing in the current cooperation such as low-end lock-in, logistics bottlenecks, uneven digitalization and geopolitical risks, and combines typical cases such as the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity project, proposing resilience enhancement paths such as building high value-added industrial chains, promoting digitalization of supply chains, strengthening Singapore's hub function, improving risk hedging mechanisms, and promoting mutual recognition of standards. Research suggests that deepening the industrial chain synergy between China and ASEAN is not only an inevitable choice in response to the global supply chain restructuring, but also a key support for building a new regional economic pattern.
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Financial Accounting and Information Disclosure of Corporate Green Development from a Carbon Accounting Perspective
Yu-He Xia
From a carbon accounting perspective, the financial accounting of corporate green development focuses on carbon emission trading, carbon footprint tracking, and cost–benefit analysis of emission reduction. Data quantification is achieved through tools such as the emission factor method and the mass balance method. Information disclosure relies on international standards (such as GRI and TCFD) and is implemented through independent sustainability reports, integration into annual reports, and digital platforms, providing comprehensive disclosure of carbon emissions, emission reduction costs, and carbon trading data. These practices help enterprises optimize carbon management, meet regulatory requirements, and enhance market competitiveness and investor confidence.
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Strategic Upgrading Pathways and Practical Exploration of China–Russia Trade Cooperation in the New Era
Bin Wang
The strategic upgrading pathways and practical exploration of China–Russia trade cooperation have become a core driving force for the economic development of both countries. In the context of profound changes in the international economic landscape, China and Russia have demonstrated new developmental dynamics in optimizing trade structures, improving cooperation mechanisms, and constructing innovative cooperation models. Through a comprehensive analysis of the current characteristics of bilateral trade cooperation, this study systematically clarifies the constraints and developmental bottlenecks. It further proposes feasible upgrading measures from the perspectives of policy coordination, market connectivity, and industrial integration, thereby providing theoretical guidance and practical reference for promoting China–Russia trade cooperation toward a higher level, broader scope, and deeper dimension.
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Green Credit Flows and Green Patents as Drivers of Corporate Green Technology in China
Yang Gao, Gang Gong, Siping He, Willi Semmler, Lin Xia, Nishu Mehrish
As compared to the West, China's lack of fossil fuel energy resources, in particular oil and gas resources, but not so coal reserves (ChinaPower Project, 2025; Forbes, 2025; IEA, 2024; Yale Environment 360, 2021), seem to have led to an acceleration of renewable energy innovation. Yet in order to speed up the energy transition, investment into new technology, and credit flows are needed. We show that green credit policy significantly promotes corporate green patent trading performance, mainly manifested in the expansion of the number of green patent sales and purchases. However, its impact is heterogeneous among heavily polluting and green enterprises. From a mechanism perspective, the impact on heavily polluting enterprises may mainly come from external credit financing constraints, while internal innovation information disclosure may be the main mechanism for the impact on green enterprises. In addition, this green credit policy has a heterogeneous impact on the green patent trading performance of enterprises in regions with different levels of technology trading market development and different degrees of intellectual property protection. This paper finds that green patent trading activities driven by green credit policies can further achieve economic and environmental benefits. The empirical assessment of the role of green credit in promoting green patent transactions and thereby driving energy transition is an important policy implication of this paper.
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Energy and Ethics: A Race We should Win
Gregory-Telemachos Stamkopoulos, Katerina Tsita, Spyros Kiartzis
The global paradigm shift towards sustainable energy solutions has led to an unprecedented emphasis on renewable energy sources. This paper delves into the transformative potential of renewable energy as not just a technological advancement but a beacon for ethical progress. We explore the multifaceted dimensions of renewable energy, from its ability to mitigate climate crisis and its role in promoting energy equity and security to its potential to reshape geopolitical landscapes. The ethical considerations underpinning these shifts are paramount; transitioning to renewables questions our responsibility to future generations, challenges current power structures, and demands reconsidering resource distribution. In a world grappling with environmental degradation and socio-economic disparities, renewable energy emerges not merely as an alternative power source but as a game changer that intertwines technological potential with ethical imperatives. This paper highlights the urgency of embracing renewable energy for its environmental merits and the profound ethical transformation it promises for the future.
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