
24/10/2024
From Archive, Vol. 17, No. 53, Part (2): 293-311
https://doi.org/10.25130/tjaes.17.53.2.17
The experiences of the United States of America and China in the knowledge economy and its relationship to international exchange
Abstract:
The research discusses the experiences of the integration of two countries in the knowledge economy and the impact of that merger on their international trade exchange, namely, the United States of America and China, by adopting the global knowledge index, which includes (7) basic axes, and each of them is divided into sub-axes. The importance of the research stems from the fact that the effectiveness of the knowledge economy in both the United States of America and China is related to their economic, political and social development, and thus its reflection on the type and size of their trade exchange. The problem of research is the extent to which economic, political and social determinants influence the adoption of the knowledge economy, in light of international disparities and their reflection on the quality and size of the international trade exchange of the countries, the sample of the research. The research concluded that the United States is one of the leading countries in the knowledge economy because it has an advanced knowledge infrastructure. As well as that the proportion of workers in the information sector constitutes more than 50% of the total workers in other economic sectors, as well as the development of knowledge economy indicators and human development index. And its leadership in the field of knowledge was reflected in the volume and quality of its foreign trade through exports and imports of information and communication technology goods, which ...........