TRENDS IN THE DEVELOPMENT OF TRADE AND ECONOMIC RELATIONS OF UKRAINE WITH THE COUNTRIES OF THE WORLD

ABSTRACT

Kozak L.S., Fedoruk O.V. Trends in the development of trade and economic relations of Ukraine with the countries of the world. Visnyk National Transport University. Series «Economic sciences». Scientific and Technical Collection. - Kyiv: National Transport University, 2021. - Issue 2 (49).

The article examines the indicators of foreign trade of individual countries of the world; substantiates the directions of reducing the dependence of national exports on commodity prices on world markets; clarifies the development trends of trade and economic relations of Ukraine with countries of the world; examines the direction of expanding the national export potential.

Object of research - the process of economic security in international relations.

Purpose of study - improving efficiency of the mechanism of activization of development of the trade and economic relations of Ukraine with the countries of the world.

Methods of research - method of abstracting, analysis and synthesis, induction and deduction, system approach.

One of the main prerequisites for the effective functioning of the national economy, the key to its dynamic development is the expansion of export potential. Accordingly, the strategic objective is the large- scale growth of Ukraine's presence in foreign markets. The partial or complete loss of traditional markets reinforces the need to find effective solutions for the development of exports of Ukrainian products.

The presence of Ukraine in the global production network has increased significantly over the past ten years, but still remains insufficient. For the active inclusion in the global value chains, it is necessary to change the commodity structure of Ukrainian exports and switch to the production of medium and high-tech products.

Forecast assumptions about the object of study - improvement of the mechanism of ensuring economic security in international relations.

KEYWORDS: TRADE AND ECONOMIC RELATIONS, EXPORT POTENTIAL, GLOBAL VALUE CHAINS, COMMODITY STRUCTURE OF UKRAINIAN EXPORTS, EXPORT DIVERSIFICATION, FREE TRADE ZONE, EXPORT STRATEGY OF UKRAINE.

REFERENCES

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AUTHOR

Kozak Liudmyla S., Ph.D., professor, National Transport University, head, department of Economics, e-mail: lskozak1@gmail.com, tel. +380442803016, Ukraine, 01010, Kyiv, M. Omelianovycha-Pavlenka str., 1, of. 314, orcid.org/0000-0003-3995-172X.

Fedoruk Olesia V., Ph.D., associate professor, National Transport University, associate professor, department of Economics, e-mail: olesiavfedoruk@gmail.com, tel. +380442803016, Ukraine, 01010, Kyiv, M. Omelianovycha-Pavlenka str., 1, of. 314, orcid.org/0000-0002-7402-4174.

REVIEWER

Grechan A.P., Ph.D., Economics (Dr.), professor, National Transport University, professor, department of Economics, Kyiv, Ukraine.

Bondarenko Ye.V., Ph.D., Economics (Dr.), professor, President of Ukrainian Academy of Investment in Science and Construction, Kyiv, Ukraine.

Article language: Ukrainian

Open Access: http://publications.ntu.edu.ua/visnyk/49/095-104.pdf

Print date: 15.03.2021

Online publication date: 05.04.2021

 

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