scholarly journals The role of quality standards for chemical products existing on the markets of the European Union in development of innovative entrepreneurship

2020 ◽  
Vol 161 ◽  
pp. 01092
Author(s):  
Anna Starodubova ◽  
Chulpan Misbakhova ◽  
Nailya Gareeva
Keyword(s):  
Foreign Trade ◽  
High Speed ◽  
Positive Impact ◽  
Green Economy ◽  
The European Union ◽  
Innovation Product ◽  
Chemical Products ◽  
High Level ◽  
The Impact ◽  
The Eu

The article studies the method of assessment of the impact of standards on the results of the industry: innovation, product quality, generation of waste, level of “Green Economy” and foreign trade. The approbation which has been carried out for chemical products from 26 countries of the EU in 2018 (based on the cluster analysis is given in the study). It has been concluded that the high level of coverage of standards stimulates innovation of recycling. The level of foreign trade, and the generation of waste occur regardless of the level of coverage of the standards. The high speed of implementation of the standard ensures the high level of “Green Economy”. The more permanent policy of standards ensures high quality of products. Germany is the benchmark for the high level of influence of standards on the results in the chemical industry. For the rest counties of the EU, the potential of standards is not fully disclosed for reasons of insufficient coverage of standards or a large volume of waste. This assessment allows finding the benchmark of the country for study of the positive impact of standards and it helps to identify the successful strategies of standards for achieving high results in the industry.

scholarly journals The European Integration Challenges of Ukraine

2020 ◽  
Vol 10 (513) ◽  
pp. 14-21
Author(s):  
O. V. Kuklin ◽  
◽  
R. F. Pustoviit ◽  
M. Y. Kryvoruchko ◽  
◽  
...  
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
European Integration ◽  
The European Union ◽  
Association Agreement ◽  
Trade Relations ◽  
Eu Member States ◽  
High Level ◽  
The Impact ◽  
The Eu

The article is concerned with an analysis of Ukraine’s European integration challenges, which are considered from the position of the effectiveness of foreign trade, as well as in light of the institutional challenges of the European integration course. According to the results of research, both the dynamics and the structure of Ukraine’s foreign trade relations with the EU Member States, the CIS and Asia countries are analyzed. It is defined that the focus on the European Union market prevented domestic exporters from reaching the pre-crisis levels of 2013. The resource nature of the national exports to the EU is underlined. The high level of interdependence in the sphere of foreign trade relations with former partners of Ukraine in the CIS – the Russian Federation and Belarus, especially in the field of imports of fuel and energy resources, and export of nuclear reactors, boilers, machines, railway locomotives, products of inorganic chemistry, is emphasized. It is determined that Ukraine’s implementation of the Ukraine-EU Association Agreement is at a low level of 43%. The authors characterize the main tendencies in Europe as to the quality of life of the population on the basis of two indicators - the proportion of households that barely make ends meet (Bulgaria, Greece, Croatia, Cyprus, Portugal, Romania), and have unsatisfactory living conditions (Cyprus, Latvia, Hungary, Portugal, Slovenia) - the values of which are much higher compared to the average level in the EU. The general conclusion on the ambiguity of the issue of the effectiveness of the national economy’s orientedness toward the market of the European Union has been drawn. The need to take into account the multi-vector nature of the modern globalized world in the process of researching the impact of European integration on the economic development of Ukraine is reasoned.

scholarly journals TRADE POLICY OF THE EUROPEAN UNION AND THE UNITED STATES OF AMERICA UNDER THE COVID-19 PANDEMIC

2021 ◽  
Vol 2 (1) ◽  
pp. 53-59
Author(s):  
Viktoriya Mashkara-Choknadiy ◽  
Yuriy Mayboroda
Keyword(s):  
Foreign Trade ◽  
Trade Policy ◽  
Social Life ◽  
The United States ◽  
The European Union ◽  
Foreign Trade Policy ◽  
The Us ◽  
The Usa ◽  
The Impact ◽  
The Eu

The pandemic of COVID-19 has influenced all sectors of social life, including the global economy and trade relations. The year of 2020 was marked with significant changes in internal and foreign economic policy of almost all nations. The purpose of the paper is to study the measures taken by the EU and the USA as the world's leading economies to regulate their foreign trade in the global crisis caused by the COVID-19 pandemic. The tasks of the study are to show the influence of the crisis on changes of global trade policy in front of the threat to national security. Methodology. The study is based on the results of statistical analysis of data provided the WTO and the UNCTAD. The authors show an analytical assessment of the foreign trade indicators of the EU and the USA. Methods of comparison and generalization were used to formulate conclusions on regulatory trends in foreign trade of the US and the EU. Results allowed identifying specific features and changes in the regulation of foreign trade of the EU and the US, assessing the impact of the pandemic on their foreign trade. It was found that both mentioned players of the world economy have actively introduced both deterrent and liberalization measures during 2020, which were aimed at providing the domestic market with scarce COVID-related goods. The study shows the transition from export restricting to import liberalizing measures in foreign trade policies from the start of pandemic to the late 2020. Practical implications. Understanding and predicting the possible actions of partners (the US and the EU in this case) in the field of foreign trade regulation is an important practical aspect, which has to be taken into account when developing Ukraine's foreign trade policy. Value/originality. The study of foreign trade policy of the world's leading countries allows us to understand the behavior of governments of the countries that are largely dependent on participation in international trade in their development, to draw conclusions about the most common instruments of foreign trade policy in the time of humanitarian and economic crises.

scholarly journals Has the Accession of Croatia to the EU Affected Business Sentiment in Industry? Synthetic Control Method Approach

2020 ◽  
Vol 29 (4) ◽  
pp. 643-663
Author(s):  
Tihana Škrinjarić ◽  
Mirjana Čižmešija
Keyword(s):  
Control Method ◽  
Positive Impact ◽  
Debt Crisis ◽  
Synthetic Control ◽  
The European Union ◽  
Main Hypothesis ◽  
Synthetic Control Method ◽  
Eu Member States ◽  
The Impact ◽  
The Eu

Some economic and political events determine the level and dynamics of real economic variables on one hand, and business sentiment as a "soft" variable with a good predictive power for those variables, on the other. In this paper, we observe the impact Croatia's accession to the European Union (EU) in 2013 had on the Industrial confidence indicator (ICI) as a measure of business sentiment in Croatia's industry. Entering the EU had a strong positive impact on the economies of countries that had joined the Union. Unlike other new EU member states, which entered the EU in an upward phase of the European business cycle, Croatia entered this community immediately after the stabilization of the European debt crisis and in a long period of recession. Using a novel application of the Synthetic Control Method (SCM) to the business survey (BS) data, the main hypothesis, that Croatia's accession to the EU had a strong positive impact on the ICI (which can be explained as euphoria), is confirmed. Conclusions derived from this research are a contribution to the improvement and popularization of BS and SCM.

scholarly journals CROATIA’S ACCESSION TO THE EUROPEAN UNION AND THE FUTURE OF BOSNIA AND HERZEGOVINA

2014 ◽  
Vol 1 (8) ◽  
pp. 167
Author(s):  
Erkan Ilgün ◽  
Adnan Murad
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
Bosnia And Herzegovina ◽  
Export Market ◽  
The European Union ◽  
Preferential Treatment ◽  
Negative Effects ◽  
The Core ◽  
High Level ◽  
The Eu

Whenever a country joins European Union, there are some effects, which not only change the game for entering country but also for third non member countries. The foremost objective of this paper is to examine the possible effects of Croatian joining the European Union on the foreign trade between Croatia and Bosnia and Herzegovina. The core assumption is that Croatian accession to the EU has negative effects on the trade between Croatia and Bosnia and Herzegovina because Croatia is not giving preferential treatment to BH market. To maintain its export market share in the Croatian market, Bosnia and Herzegovina has to show high level of competitiveness.

scholarly journals Evaluation of the Impact of the EU Structural Support on the Competitiveness of Lithuanian Economics

2016 ◽  
Vol 10 (1) ◽  
pp. 1-11 ◽  
Author(s):  
Rita Remeikiene ◽  
Ligita Gaspareniene
Keyword(s):  
Positive Impact ◽  
Research Problem ◽  
Necessary Condition ◽  
Successful Implementation ◽  
The European Union ◽  
Structural Support ◽  
Knowledge Based Economy ◽  
The Impact ◽  
The Eu

Abstract The topic of competitiveness is becoming increasingly significant in the context of modern economics. Considering intensive processes of globalisation alongside with competitive pressure amongst the countries, competitiveness has become a necessary condition for successful economic and social development of any country. Only by creating, enforcing and maintaining international competitiveness of the country, rapid economic growth during the long term is achievable. Amongst the other urgent issues, the European Union (further the EU) public policies are also focused on competitiveness. After the failure to implement the Lisbon strategy and become “the most dynamic and competitive knowledge-based economy”, the EU declared its new competitiveness aims in the long-term strategy Europe 2020. Promotion of competitiveness is one of the fundamental aims and priority directions of the EU structural policy. The EU structural support is engaged as one of the public policy measures to promote the competitiveness of the member-states. In this context, it is purposeful to research whether the structural support is used efficiently and whether it actually contributes to the implementation of the defined aims. Under the order of various Lithuanian institutions, numerous studies on the efficiency of the EU structural support have been carried out. Nevertheless, by analysing the impact of the EU structural support, insufficient attention has been paid to the aspect of competitiveness. Considering the fact that Lithuania has entered the third programming period 2014-2020, evaluation of the EU structural investment in the country has become even more topical - for successful implementation of the aims raised for this new period, the analysis of the previous results is relevant. This determined formulation of the research problem: what impact does the EU structural support have on the competitiveness of Lithuanian economics? The empirical research has revealed that the EU structural support has a positive impact on Lithuanian gross domestic product growth, promotes foreign direct investment, research and development expenditure and increases the number of operating entities during 2004-2014 period.

scholarly journals THE IMPACT OF AGRICULTURAL PERFORMANCE ON FOREIGN TRADE CONCENTRATION AND COMPETITIVENESS: EMPIRICAL EVIDENCE FROM ROMANIAN AGRICULTURE

2020 ◽  
Vol 21 (2) ◽  
pp. 317-343 ◽  
Author(s):  
Jean Vasile Andrei ◽  
Gheorghe H. Popescu ◽  
Elvira Nica ◽  
Luminita Chivu
Keyword(s):  
Foreign Trade ◽  
The European Union ◽  
Agricultural Performance ◽  
Trade Competitiveness ◽  
Proactive Measures ◽  
Relationship Of ◽  
The Impact ◽  
Commercial Relationships ◽  
European Union Member States ◽  
The Eu

Analysing the impact of agricultural performance on foreign trade concentration and competitiveness defines an important step in identifying the opportunities, challenges and proactive measures in designing a functional and marked based agricultural model. The scope of this study is to investigate the evolution of Romania’s the foreign trade competitiveness and its concentration on main destinations during 2007–2016. In this context, in the paper are identified and investigated some of the competitiveness’ mutations arisen from the Romania’s trade flows concentration and restructuration in relation with 26 of the European Union member states. It was used a unique dataset on agro -food trade output and concentration across EU countries to construct measures of trade competitiveness. The results obtained suggest the existence of a dual relationship of the Romanian agriculture competitiveness and its dependence on the EU economic area, by the concentration of the commercial relationships.

scholarly journals THE IMPACT OF TRADE LIBERALIZATION OF BOSNIA AND HERZEGOVINA’S EXPORT TO EUROPEAN UNION

2019 ◽  
Vol 17 (1) ◽  
Author(s):  
Haris Omerika ◽  
Mehmedalija Hadžović
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
Trade Liberalization ◽  
Bosnia And Herzegovina ◽  
The European Union ◽  
Western Balkans ◽  
New Paradigm ◽  
Eu Countries ◽  
The Impact ◽  
The Eu

One of the basic and strategic goals of post-war Bosnia and Herzegovina is a full membership in the European Union. During 1992-1995, Bosnia and Herzegovina has passed through one of the most difficult periods in its’ history. The war has completely devastated the economical structure and the aftermaths were visible in the following years. As a new paradigm, the European Union appears. The European Union has helped the Western Balkans countries to overcome national tensions and offered them a new perspective; new regional and european integrations should be a new, historical chance for them. In the light of this, the focus of this paper is the impact of trade liberalization between the European Union and Bosnia and Herzegovina on the export from Bosnia and Herzegovina to European Union. The above mentioned impact has been observed in the period of eleven years. The total export amount of Bosnia and Herzegovina in 2015 was 4,6 billion euros, while the amount of the import was 8,1 billion euros, which makes nearly 60% in favor of import. Traditionally, Bosnia and Herzegovina’s most important foreign trade partner is the European Union where Bosnia and Herzegovina has a deficit in foreign trade. The portion of export to EU during 2015 was 71,79% while the portion of import was 60,85%. The coverage of import over export was 66,89%. In the period of 2005-2015, most of the products have been placed to markets in Croatia, Germany, Italy, and Serbia, which is not the EU member. The process of trade liberalization in 2015 has resulted in surplus of trade with certain EU countries; Austria, Luxembourg and Estonia while the decrease in trade has been recorded with Germany, Slovenia and Czech Republic. Regarding the export, Bosnia and Herzegovina mailny places products which have labour-intensive character. In the econometrics analysis, extented gravitational models of trade have been placed. Besides the abovementioned, the following econometrical techinques have been used: panel data models (PD), fixed effecs models (RE) and panel corrected standard errors (PCSE). In addition, Hausman test has been applied. According to the analysis that has been carried out, the following has been concluded; InGDPi, InGDPj and InDISTij variables are statistically important on the level of 5% in the period of gradual liberalization. The SSP1 an EK variables are not siginificant.In the other moder, in the period of complete liberalization InGDPi, InGDPj and SSP2 variables have a significant impact on a dependent variable on a level of 5%. InDISTij and EK variables have a significant impact on a level od 5% as well. The above mentioned result confirm the research hypothesis; trade liberalization has a significant impact on the export of Bosnia and Herzegovina to the EU. The basic limit of this research can be a relatively short observation period, caused by the fact that the data of merchandise trade between Bosnia and Herzegovina and EU countries until 2005 are not accessible.

scholarly journals The Impact of European Economic Integration on Migration in the European Union

2018 ◽  
Vol 9 (1) ◽  
pp. 23-34 ◽  
Author(s):  
Mihaela Simionescu
Keyword(s):  
European Union ◽  
Economic Integration ◽  
Western Europe ◽  
Positive Impact ◽  
The European Union ◽  
Decision To Leave ◽  
European Economic ◽  
Eu Membership ◽  
The Impact ◽  
The Eu

Abstract The recent enlargement of the EU (since 2004) and the United Kingdom's decision to leave the European Union have prompted a growing research interest in the political and academic environment because of the causes and consequences of migration between the CEE countries and those in the Western Europe. In this study, the effects of European economic integration on the number of EU-15 immigrants from the newly integrated EU countries were assessed by econometric techniques. According to panel data models, in the period 2000-2015, the number of migrants from the new member states of the EU has increased, in average, with more than 2200 people only due to their EU membership. This result reflects the positive impact of European economic integration on the number of emigrants from the CEE countries that chose the EU-15 states as destination countries. Moreover, according to some ridge Bayesian regressions, during the period 2004-2015, the EU-15 immigrants coming from the EU-13 states did not negatively affect the economic growth of the EU-15 countries.

Russia - European Union: The continuation ofthe sanctions standoff

2017 ◽  
pp. 114-127
Author(s):  
M. Klinova ◽  
E. Sidorova
Keyword(s):  
European Union ◽  
Economic Recession ◽  
Economic Sanctions ◽  
Current Data ◽  
The State ◽  
The European Union ◽  
The Impact ◽  
The Eu ◽  
Year 2013

The article deals with economic sanctions and their impact on the state and prospects of the neighboring partner economies - the European Union (EU) and Russia. It provides comparisons of current data with that of the year 2013 (before sanctions) to demonstrate the impact of sanctions on both sides. Despite the fact that Russia remains the EU’s key partner, it came out of the first three partners of the EU. The current economic recession is caused by different reasons, not only by sanctions. Both the EU and Russia have internal problems, which the sanctions confrontation only exacerbates. The article emphasizes the need for a speedy restoration of cooperation.

scholarly journals Aircraft Requirements for Sustainable Regional Aviation

Aerospace ◽  
2021 ◽  
Vol 8 (3) ◽  
pp. 61
Author(s):  
Dominik Eisenhut ◽  
Nicolas Moebs ◽  
Evert Windels ◽  
Dominique Bergmann ◽  
Ingmar Geiß ◽  
...  
Keyword(s):  
Systems Engineering ◽  
System Level ◽  
Policy Initiative ◽  
The European Union ◽  
Calculation Methods ◽  
Figures Of Merit ◽  
Performance Requirements ◽  
High Level ◽  
Different Levels ◽  
The Eu

Recently, the new Green Deal policy initiative was presented by the European Union. The EU aims to achieve a sustainable future and be the first climate-neutral continent by 2050. It targets all of the continent’s industries, meaning aviation must contribute to these changes as well. By employing a systems engineering approach, this high-level task can be split into different levels to get from the vision to the relevant system or product itself. Part of this iterative process involves the aircraft requirements, which make the goals more achievable on the system level and allow validation of whether the designed systems fulfill these requirements. Within this work, the top-level aircraft requirements (TLARs) for a hybrid-electric regional aircraft for up to 50 passengers are presented. Apart from performance requirements, other requirements, like environmental ones, are also included. To check whether these requirements are fulfilled, different reference missions were defined which challenge various extremes within the requirements. Furthermore, figures of merit are established, providing a way of validating and comparing different aircraft designs. The modular structure of these aircraft designs ensures the possibility of evaluating different architectures and adapting these figures if necessary. Moreover, different criteria can be accounted for, or their calculation methods or weighting can be changed.

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