Gümrük ve Ticaret Dergisi

Yazarlar: Nadir ELİBOL

Konular:-

Anahtar Kelimeler:Industry 4.0,China’s Development,Cash Against Goods,Cryptocurrency

Özet: Industry 4.0 caused an increase in the speed of industrial production, productivity and high quality; and also an increase in production. Relatedly, costs decreased and gainings increased. As a result of this increase in supply, product sales grew difficult, and provide loan facilities came into question. Thus, trade facilitations arose. As the made of payment changes into cash against goods instead of cash payment, foreign trade expansions occured. Before Industry 4.0, insufficient supply has posed an obstacle over growing global trade; however, this time, payment obligations regarding Dollars/Euros came forth as a new handicap. While developed and developing countries try to enhance their tradership by searching new and easy way outs by using their national currencies; China has come forward as a pioneering model via putting the notions “co-investor”, “constructive partner” and “complete development partner” into practice. China’s subsidization concerning developing and less developed countries’ infrastructures and energy sources, by this means caused a damage in Dollar’s dominance in the global trade. Within this scope, the prediction of this study is that, the made of payment in developed countries shall change into cash against goods instead of barter, and subsequently into cryptocurrency in a short time

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