Problemi Ekonomiki (Apr 2019)
Cities of Regional Significance in International Trade in Services under Globalization: Regional Cross-Section
Abstract
The article analyzes features, trends and patterns, as well as structural changes in international trade in services in cities of regional significance in Western Ukraine under globalization. In particular, trends in export-import of services in both in the Western region of Ukraine and the country as a whole are analyzed, the correspondence of the development trends in international trade in services (exports and imports) in cities of regional significance to the general trends characteristic of the relevant regions is analyzed, the level of export orientation of the services sector in the cities and their contribution to the development of export-import activities in the relevant regions is assessed, an analysis of structural transformations in the export of services in the cities of Ivano-Frankivsk, Chernivtsi and Rivne is carried out. It is found that, against the background of a general decline in exports and imports of services in Ukraine for the period 2012–2017, in the Western region, the export of services almost doubled, and the trends in international trade in services in most of the analyzed regions were similar to those characteristic of the Western region of Ukraine. The key role of cities of regional significance in the import of services to the relevant region is proved, in contrast to the export of services, where other (smaller) cities of some of the analyzed regions are engaged in realizing their export potential. The growth in the level of export orientation of the services sector in the majority of the analyzed cities of regional significance in the Western region of Ukraine and intensification of their export activities are confirmed.
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