Problemi Ekonomiki (Mar 2020)
International Trade Integration of Ukraine in the Context of Deepening Interstate Conflicts
Abstract
The aim of the article is a retrospective analysis of Ukraine’s international trade in goods in the context of deepening interstate economic contradictions and active use of discriminatory tools of international trade policy. A complication of the processes of regional integration of countries due to the intensification of anti-globalization trends in international economic relations is noted. The necessity of studying the integration priorities of Ukraine’s international trade under conditions of intensification of interstate contradictions concerning foreign policy and economic issues is substantiated. A retrospective analysis of the absolute (volume of trade in general and with individual groups of countries) and relative (share of trade with individual groups of countries in the overall structure of trade) indicators of Ukraine’s international trade in goods with countries of Europe and the CIS is carried out. A negative impact of introducing by Russia and Ukraine a system of mutual economic sanctions on the commodity circulation of the state in general and with individual groups of countries is revealed. The hypothesis about the existence of a steady negative trend in the behavior of the absolute and relative indicators of Ukraine’s international trade in goods with the CIS countries is confirmed. The study did not reveal a steady trend towards an increase in the indicators of international trade of Ukraine with European countries in absolute terms. It is proved that the international trade integration of Ukraine into the European space requires a balanced trade policy in order to prevent further escalation of interstate trade conflicts. Prospects for further research in this area are to provide a quantitative assessment of the impact of discriminatory measures on the national economy and develop recommendations on the formation of Ukraine’s integration priorities based on effective interaction with the European and world economic space.
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