Exports are critical for the highly open Ukrainian economy which is characterized by the large tr... more Exports are critical for the highly open Ukrainian economy which is characterized by the large trade deficit. Since independence the major consumers of the Ukrainian products have been the CIS and the EU. Conflict with Russia led to the significant decline of the volume of Ukraine’s export commodities. The export analysis, based on the data provided by the State Statistics Service of Ukraine for the period of 2010-2018 allowed to identify the problems and to come up with possible solutions focusing primarily on the role of the Government of Ukraine in strengthening cooperation with the EU. Firstly, it is suggested to take the institutional steps aimed at expanding and deepening the integration towards the common economic space with the EU, especially the common customs space. Secondly, to explore the opportunities of exporting goods to the countries, with which the EU has signed regional trade agreements. The third step is related to the changing role of Ukraine in the global model of the transformation of the world economy and requires the combination of close cooperation with the EU, on the one hand, and the powerful economies, on the other, thereby contributing to the formation of non-confrontational relations between East and West.
Конец XX - начало XXI в. ознаменовался ярким проявлением того, что одним из ведущих факторов гло... more Конец XX - начало XXI в. ознаменовался ярким проявлением того, что одним из ведущих факторов глобального развития, мощным локомотивом глобализации стала экономика Китая. На фоне негативного влияния глобального финансового кризиса 2008- 2010 гг. На подавляющее большинство стран мира наиболее устойчивой, стабильной, способной к уверенного развития, хотя и несколько меньшими темпами, оказалась Китайская Народная Респу- Блика (КНР). Именно благодаря Китаю центр мирового прогресса стал перемещаться из Западной Европы и Северной Америки в АТР. Анализ особенностей течения глобализационных про- сел свидетельствует, что Китай под лозунгом открытой миролюбивой политики фактически усиливает направленность своей политической и экономической деятельности на преобразование существующего унипо- лярного мира во главе с США на многополярный мир. Целью внешней политики КНР является достижение Китаем к середине XXI в. статуса сверхдержавы. В статье в качестве доказательства существования такой ...
The end of XX -the beginning of the XXI century was marked by the bright discovery that Chinese e... more The end of XX -the beginning of the XXI century was marked by the bright discovery that Chinese economy became one of the leading factors in global development, the powerful locomotive of globalization. On the background of negative impact of the global financial crisis of 2008-2010 the People's Republic of China (PRC) has proven to be the most stable and able to definite development, though at a slower pace on the vast majority of countries in the world. Only due to China the centre of world progress started shifting from Western Europe and North America to the APR. An analysis of peculiarities of the course of globalization processes shows that China, under the slogan of open peace-loving politics, actually strengthens its political and economic activities aimed at transformation of the existing unipolar world headed by the United States into a multipolar world. China's foreign policy is aimed at achieving the status of a superstate until the middle of 21st century. In the article PRC Concept "Belt and Road Initiative" is considered as a proof of existence of such a strategy. At the same time, attention is drawn to the fact that in order to achieve its goal, China establishes trade ties with all countries of the world, primarily through the introduction of free trade zones (FTAs) and an increase in investments, which is clearly manifested in its Eurasian policy, as well as in the implementation of the Concept of "Belt and Road Initiative". The article proves the expediency of establishing an FTA between Ukraine and China and more active involving Ukraine in the implementation of the New Silk Road project based on the analysis of trade and economic relations between Ukraine and China and based on the specific state of its economy in the conditions of geopolitical and geoeconomic instability. The article covers the key tendencies of Ukraine's foreign trade cooperation with China in the context of the FTA initiative. The main goods, which account for the majority of exportimport operations from both countries are determined. The customs tariffs of Ukraine and China for individual goods, export of which is important for the Ukrainian economy are analysed. As a result of this analysis, it was determined that the main issue of potential negotiations on FTA with China is the need for a significant reduction of China's tariffs on wheat and maize, which is 65%. The political risks of concluding an agreement on the FTA, in particular, because of the possible negative impact of such an agreement on the prospects of Ukraine's EU membership, were identified, and recommendations were made to relevant government bodies both to ministries and to the profile committee of the Verkhovna Rada of Ukraine.
The key aspects of political plans, conditions, key events and changes for Brexit are considered.... more The key aspects of political plans, conditions, key events and changes for Brexit are considered. The impact of Brexit referendum held in 2016 on how the citizens of Britain and other countries perceive the UK and the EU is researched. Survey results concerning the United Kingdom’s decision to leave the European Union are considered. SWOT analysis on the effect of Brexit on the UK is provided. Primarily the attention is focused on the benefits for the UK such as improved border security and reduction of terrorism, no need to pay an annual fee to the EU treasury. New opportunities for the UK are also defined, namely free choice of policy not restricted by EU conditions, the opportunity to defend the interests of national producers and consumers, preservation of cultural values and traditions. Detailed consideration is given to significant weaknesses for the UK such as re-concluding agreements with each EU member, perceive the UK as a competitor rather than a partner, higher tariffs, ...
Exports are critical for the highly open Ukrainian economy which is characterized by the large tr... more Exports are critical for the highly open Ukrainian economy which is characterized by the large trade deficit. Since independence the major consumers of the Ukrainian products have been the CIS and the EU. Conflict with Russia led to the significant decline of the volume of Ukraine’s export commodities. The export analysis, based on the data provided by the State Statistics Service of Ukraine for the period of 2010- 2018 allowed to identify the problems and to come up with possible solutions focusing primarily on the role of the Government of Ukraine in strengthening cooperation with the EU. Firstly, it is suggested to take the institutional steps aimed at expanding and deepening the integration towards the common economic space with the EU, especially the common customs space. Secondly, to explore the opportunities of exporting goods to the countries, with which the EU has signed regional trade agreements. The third step is related to the changing role of Ukraine in the global model...
The purpose of the paper is to analyze the issue of applying by Ukraine of mechanisms developed i... more The purpose of the paper is to analyze the issue of applying by Ukraine of mechanisms developed in the legal framework by the World Trade Organization to protect the internal market in order to prepare appropriate recommendations to state power authorities empowered to carry out trade policy. Methodology. The study is based on studying the experience of Ukraine to revise its commitments on tariff lines for the first three-year period after the accession to the WTO, as well as on the analysis of the most resonant steps to protect the internal market taken by Ukraine and the consequences of these steps. Result. The issue of applying by Ukraine of tools developed by the World Trade Organization to protect the interests of national producers has been described in this article. The situation of the use by Ukraine of a right to review the conditions of membership in the WTO has been reviewed step by step starting from the studying of this issue within the country and to the statements by ...
Exports are critical for the highly open Ukrainian economy which is characterized by the large tr... more Exports are critical for the highly open Ukrainian economy which is characterized by the large trade deficit. Since independence the major consumers of the Ukrainian products have been the CIS and the EU. Conflict with Russia led to the significant decline of the volume of Ukraine’s export commodities. The export analysis, based on the data provided by the State Statistics Service of Ukraine for the period of 2010-2018 allowed to identify the problems and to come up with possible solutions focusing primarily on the role of the Government of Ukraine in strengthening cooperation with the EU. Firstly, it is suggested to take the institutional steps aimed at expanding and deepening the integration towards the common economic space with the EU, especially the common customs space. Secondly, to explore the opportunities of exporting goods to the countries, with which the EU has signed regional trade agreements. The third step is related to the changing role of Ukraine in the global model ...
The overview of the country’s trade with all the continents during the period of 2000-2019 is giv... more The overview of the country’s trade with all the continents during the period of 2000-2019 is given. The description of the commodity structure of exports/imports of goods, with particular attention to the industrial products, is followed by the detailed analysis of Ukraine’s foreign trade in 2020. The decrease in Ukraine’s foreign trade in 2020 by 6.4% is fully consistent with the projected WTO reduction of world trade in 2020 by 9.2%. Although COVID-19 had negative impact on Ukraine’s trade with the EU and the EAEU, it contributed to closer trade ties with Asia, improving Ukraine’s trade balance. The government and the national business elite should aim at solving the problems of increasing the volume and improving the commodity structure of Ukraine’s foreign trade with emphasis on the development of transport system for exporting agricultural and food products to the developed countries of the West and to the prospective economies of the East and the South. It is essential, on th...
Globalization is viewed not only as the objective, but also as the subjective process, the curren... more Globalization is viewed not only as the objective, but also as the subjective process, the current version of which requires adjustments since it is characterized by the increasing inequalities and instability, causing conflicts worldwide, pushing regional groups towards confrontations. Globalization is to be directed for achieving the equitable levels of development across the globe for which it is suggested to establish the situational governing board as the common platform for collaboration between the regional blocs for global economy regulation. The notions of the regional state and the global/planetary state are introduced. The interdependence between regionalization and globalization is thoroughly analysed, which results is the explanation of the logic behind the process of the multipolar world formation as opposed to the unipolar one. The main points are illustrated by the facts from the EU integration history, WTO practice, the calculated indicators of the major thirteen re...
Exports are critical for the highly open Ukrainian economy which is characterized by the large tr... more Exports are critical for the highly open Ukrainian economy which is characterized by the large trade deficit. Since independence the major consumers of the Ukrainian products have been the CIS and the EU. Conflict with Russia led to the significant decline of the volume of Ukraine’s export commodities. The export analysis, based on the data provided by the State Statistics Service of Ukraine for the period of 2010-2018 allowed to identify the problems and to come up with possible solutions focusing primarily on the role of the Government of Ukraine in strengthening cooperation with the EU. Firstly, it is suggested to take the institutional steps aimed at expanding and deepening the integration towards the common economic space with the EU, especially the common customs space. Secondly, to explore the opportunities of exporting goods to the countries, with which the EU has signed regional trade agreements. The third step is related to the changing role of Ukraine in the global model of the transformation of the world economy and requires the combination of close cooperation with the EU, on the one hand, and the powerful economies, on the other, thereby contributing to the formation of non-confrontational relations between East and West.
Конец XX - начало XXI в. ознаменовался ярким проявлением того, что одним из ведущих факторов гло... more Конец XX - начало XXI в. ознаменовался ярким проявлением того, что одним из ведущих факторов глобального развития, мощным локомотивом глобализации стала экономика Китая. На фоне негативного влияния глобального финансового кризиса 2008- 2010 гг. На подавляющее большинство стран мира наиболее устойчивой, стабильной, способной к уверенного развития, хотя и несколько меньшими темпами, оказалась Китайская Народная Респу- Блика (КНР). Именно благодаря Китаю центр мирового прогресса стал перемещаться из Западной Европы и Северной Америки в АТР. Анализ особенностей течения глобализационных про- сел свидетельствует, что Китай под лозунгом открытой миролюбивой политики фактически усиливает направленность своей политической и экономической деятельности на преобразование существующего унипо- лярного мира во главе с США на многополярный мир. Целью внешней политики КНР является достижение Китаем к середине XXI в. статуса сверхдержавы. В статье в качестве доказательства существования такой ...
The end of XX -the beginning of the XXI century was marked by the bright discovery that Chinese e... more The end of XX -the beginning of the XXI century was marked by the bright discovery that Chinese economy became one of the leading factors in global development, the powerful locomotive of globalization. On the background of negative impact of the global financial crisis of 2008-2010 the People's Republic of China (PRC) has proven to be the most stable and able to definite development, though at a slower pace on the vast majority of countries in the world. Only due to China the centre of world progress started shifting from Western Europe and North America to the APR. An analysis of peculiarities of the course of globalization processes shows that China, under the slogan of open peace-loving politics, actually strengthens its political and economic activities aimed at transformation of the existing unipolar world headed by the United States into a multipolar world. China's foreign policy is aimed at achieving the status of a superstate until the middle of 21st century. In the article PRC Concept "Belt and Road Initiative" is considered as a proof of existence of such a strategy. At the same time, attention is drawn to the fact that in order to achieve its goal, China establishes trade ties with all countries of the world, primarily through the introduction of free trade zones (FTAs) and an increase in investments, which is clearly manifested in its Eurasian policy, as well as in the implementation of the Concept of "Belt and Road Initiative". The article proves the expediency of establishing an FTA between Ukraine and China and more active involving Ukraine in the implementation of the New Silk Road project based on the analysis of trade and economic relations between Ukraine and China and based on the specific state of its economy in the conditions of geopolitical and geoeconomic instability. The article covers the key tendencies of Ukraine's foreign trade cooperation with China in the context of the FTA initiative. The main goods, which account for the majority of exportimport operations from both countries are determined. The customs tariffs of Ukraine and China for individual goods, export of which is important for the Ukrainian economy are analysed. As a result of this analysis, it was determined that the main issue of potential negotiations on FTA with China is the need for a significant reduction of China's tariffs on wheat and maize, which is 65%. The political risks of concluding an agreement on the FTA, in particular, because of the possible negative impact of such an agreement on the prospects of Ukraine's EU membership, were identified, and recommendations were made to relevant government bodies both to ministries and to the profile committee of the Verkhovna Rada of Ukraine.
The key aspects of political plans, conditions, key events and changes for Brexit are considered.... more The key aspects of political plans, conditions, key events and changes for Brexit are considered. The impact of Brexit referendum held in 2016 on how the citizens of Britain and other countries perceive the UK and the EU is researched. Survey results concerning the United Kingdom’s decision to leave the European Union are considered. SWOT analysis on the effect of Brexit on the UK is provided. Primarily the attention is focused on the benefits for the UK such as improved border security and reduction of terrorism, no need to pay an annual fee to the EU treasury. New opportunities for the UK are also defined, namely free choice of policy not restricted by EU conditions, the opportunity to defend the interests of national producers and consumers, preservation of cultural values and traditions. Detailed consideration is given to significant weaknesses for the UK such as re-concluding agreements with each EU member, perceive the UK as a competitor rather than a partner, higher tariffs, ...
Exports are critical for the highly open Ukrainian economy which is characterized by the large tr... more Exports are critical for the highly open Ukrainian economy which is characterized by the large trade deficit. Since independence the major consumers of the Ukrainian products have been the CIS and the EU. Conflict with Russia led to the significant decline of the volume of Ukraine’s export commodities. The export analysis, based on the data provided by the State Statistics Service of Ukraine for the period of 2010- 2018 allowed to identify the problems and to come up with possible solutions focusing primarily on the role of the Government of Ukraine in strengthening cooperation with the EU. Firstly, it is suggested to take the institutional steps aimed at expanding and deepening the integration towards the common economic space with the EU, especially the common customs space. Secondly, to explore the opportunities of exporting goods to the countries, with which the EU has signed regional trade agreements. The third step is related to the changing role of Ukraine in the global model...
The purpose of the paper is to analyze the issue of applying by Ukraine of mechanisms developed i... more The purpose of the paper is to analyze the issue of applying by Ukraine of mechanisms developed in the legal framework by the World Trade Organization to protect the internal market in order to prepare appropriate recommendations to state power authorities empowered to carry out trade policy. Methodology. The study is based on studying the experience of Ukraine to revise its commitments on tariff lines for the first three-year period after the accession to the WTO, as well as on the analysis of the most resonant steps to protect the internal market taken by Ukraine and the consequences of these steps. Result. The issue of applying by Ukraine of tools developed by the World Trade Organization to protect the interests of national producers has been described in this article. The situation of the use by Ukraine of a right to review the conditions of membership in the WTO has been reviewed step by step starting from the studying of this issue within the country and to the statements by ...
Exports are critical for the highly open Ukrainian economy which is characterized by the large tr... more Exports are critical for the highly open Ukrainian economy which is characterized by the large trade deficit. Since independence the major consumers of the Ukrainian products have been the CIS and the EU. Conflict with Russia led to the significant decline of the volume of Ukraine’s export commodities. The export analysis, based on the data provided by the State Statistics Service of Ukraine for the period of 2010-2018 allowed to identify the problems and to come up with possible solutions focusing primarily on the role of the Government of Ukraine in strengthening cooperation with the EU. Firstly, it is suggested to take the institutional steps aimed at expanding and deepening the integration towards the common economic space with the EU, especially the common customs space. Secondly, to explore the opportunities of exporting goods to the countries, with which the EU has signed regional trade agreements. The third step is related to the changing role of Ukraine in the global model ...
The overview of the country’s trade with all the continents during the period of 2000-2019 is giv... more The overview of the country’s trade with all the continents during the period of 2000-2019 is given. The description of the commodity structure of exports/imports of goods, with particular attention to the industrial products, is followed by the detailed analysis of Ukraine’s foreign trade in 2020. The decrease in Ukraine’s foreign trade in 2020 by 6.4% is fully consistent with the projected WTO reduction of world trade in 2020 by 9.2%. Although COVID-19 had negative impact on Ukraine’s trade with the EU and the EAEU, it contributed to closer trade ties with Asia, improving Ukraine’s trade balance. The government and the national business elite should aim at solving the problems of increasing the volume and improving the commodity structure of Ukraine’s foreign trade with emphasis on the development of transport system for exporting agricultural and food products to the developed countries of the West and to the prospective economies of the East and the South. It is essential, on th...
Globalization is viewed not only as the objective, but also as the subjective process, the curren... more Globalization is viewed not only as the objective, but also as the subjective process, the current version of which requires adjustments since it is characterized by the increasing inequalities and instability, causing conflicts worldwide, pushing regional groups towards confrontations. Globalization is to be directed for achieving the equitable levels of development across the globe for which it is suggested to establish the situational governing board as the common platform for collaboration between the regional blocs for global economy regulation. The notions of the regional state and the global/planetary state are introduced. The interdependence between regionalization and globalization is thoroughly analysed, which results is the explanation of the logic behind the process of the multipolar world formation as opposed to the unipolar one. The main points are illustrated by the facts from the EU integration history, WTO practice, the calculated indicators of the major thirteen re...
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