A Contradiction of the Foreign Trade Policy and the Strategy for Economic Development of the Russian Federation

Nowadays, the process of making effective economic decisions requires reference to the history of Ukrainian economic thought. The study of intellectual heritage and innovative ideas of prominent Ukrainian economists, among whom Ivan Vernadsky occupies an important place, will enrich the understanding of the mechanisms and ways of modern economic transformation. The purpose of the article is to analyze and generalize Ivan Vernadsky’s conceptual views on the role of foreign trade policy in economic development. The theoretical basis of this study is conceptual approaches to understanding the nature of foreign trade policy, in particular, protectionism and free trade. Systematic, comparative-historical, institutional-evolutionary, and historical-genetic analyses were used as the research methodology. The author considers Ivan Vernadsky’s conceptual approach to foreign trade as a basis for providing the country's economic leadership in the international area. The economist’s ideas on the advantages of liberal foreign trade policy, free trade, and its mutual benefits for countries are revealed. Ivan Vernadsky was a staunch opponent of restrictive foreign trade policy, which creates obstacles to the country's competitive advantages and economic progress. Attention was paid to Ivan Vernadsky's criticism of customs protectionism. According to the scientist's point of view, protectionism leads to monopolization, price rises, technical and technological backwardness of production, destabilization of foreign trade relations, etc. At the same time, one of the scientist’s merits is the formation of an innovative approach to the interpretation of protectionism as a general economic doctrine and a realistic economic policy. Ivan Vernadsky’s vision of the basics of efficient management is generalized. He creates an original theory of economic development, which can be used for selection of effective mechanisms of modern economic policy.

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GLOBAL DOMINENTS FORTHE DEVELOPMENT OF CHINA'S TRADE POLICY:OPPORTUNITIES AND THREATS FOR COOPERATION WITH UKRAINE

SCIENTIFIC BULLETIN OF POLISSIA ◽

10.25140/2410-9576-2018-1-2(14)-49-57 ◽

2018 ◽

Vol 1 (2(14)) ◽

pp. 49-57

Author(s):

Yuriy Valentynovych Bilan ◽

Olha Mykolaivna Yatsenko ◽

Vitalii Serhiiovych Nitsenko

Keyword(s):

Economic Development ◽

Foreign Trade ◽

Trade Policy ◽

People’S Republic Of China ◽

Foreign Trade Policy ◽

People's Republic Of China ◽

Important Place ◽

Republic Of China ◽

The World ◽

Tariff Rates

Urgency of the research. Effective foreign trade policy of China and its accession to the WTO have had a positive impact on the country's integration into the global economy and have provided China with world leadership in terms of the main trade indicators in recent years. Target setting. Trade policy of the People's Republic of China plays a leading role in economic development of the country, despite its contradictory nature. Actual scientific researches and issues analysis. The works of V. Kiktenko, O. Oliynyk, K. Frend, L. Chen and others are devoted to the issues of economic development of China and its place in the world economy. Uninvestigated parts of general matters defining. At the theoretical level, insufficient attention has been paid to the issues related to the modernized trade policy of the PRC. The research objective. The aim of the work is to investigate the current state of trade policy of the People's Republic of China. The statement of basic materials. Trade policy of the country is characterized by the use of tariff and non-tariff instruments. The customs duty of China includes the MFN rates, contractual tariff rates, special fares, general tariff rates, tariff quota rates, and temporary duties. Import and export licensing holds an important place among the non-tariff instruments of China's trade policy. It should be noted that China also introduces general restrictions on export and those which are country-specific. Conclusions. China's foreign trade policy goes through the period of modernization towards greater liberalization, pluralism and transparency. The protection of national interests are becoming more and more analogous to those of the leading countries of the world, it is characterized by hierarchically lined state and business institutions and takes into account the economic and political interests of stakeholders. At the same time, the role of China as a trade partner for the most of the countries increases.

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Foreign Trade Policy of Turkey: Economic Development Incentives

SSRN Electronic Journal ◽

10.2139/ssrn.3472285 ◽

2019 ◽

Author(s):

Nigyar Masumova

Keyword(s):

Economic Development ◽

Foreign Trade ◽

Trade Policy ◽

Foreign Trade Policy ◽

Economic Development Incentives ◽

Development Incentives

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Prospects for managing Russia's foreign trade activity against the background of shifts in the EU development

Journal of Management Studies ◽

10.12737/article_5d68d5b0045940.07982735 ◽

2019 ◽

Vol 4 (9) ◽

pp. 17-24

Author(s):

Сергей Царев ◽

Sergey Carev ◽

Елена Горбатенко ◽

Elena Gorbatenko

Keyword(s):

European Union ◽

Foreign Trade ◽

Russian Federation ◽

The European Union ◽

Foreign Trade Policy ◽

Eu Member States ◽

Trade Practice ◽

The Russian Federation ◽

Foreign Trade Activity ◽

The Eu

This article discusses the most pressing problems faced by the Russian Federation in the implementation of its foreign trade policy in the framework of commodity exchange with the European Union (EU) from the standpoint of improving the management of these processes. The modern characteristics of mutually beneficial trade of the EU member States and the Russian Federation are analyzed. The most significant changes in the EU foreign trade practice are revealed.

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Problems of Construction of Innovative Customs Policy of Russia (Theoretical and Methodological Aspect)

Scientific Research and Development Economics ◽

10.12737/article_5c598b205a4cb6.84121653 ◽

2019 ◽

Vol 7 (1) ◽

pp. 47-52

Author(s):

Геннадий Быстров ◽

Gennadiy Bystrov

Keyword(s):

Economic Development ◽

Trade Policy ◽

Russian Federation ◽

Critical Level ◽

Balance Of Payments ◽

Methodological Aspect ◽

Strategic Development ◽

Innovative Program ◽

The Russian Federation ◽

Innovation Economy

From the standpoint of theoretical and methodological analysis, the construction of innovative customs policy of Russia in the system of relations with industrial and trade policy on the basis of the balance of payments is studied. The modeling of formation of new institutional and managerial relations of the customs service in the conditions of changing its role in the innovation economy is presented. Innovative security is defined as a criterion of strategic development of the customs service. The basis for its assessment at the customs is the register of innovative goods and technologies of the leading sectors of the Russian Federation, included in the innovative program of economic development and allows you to track the critical level of innovation security. Possibilities of application of customs procedures and tools of customs service in ensuring implementation of the innovative program of the country are considered.

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The Impact of Foreign Trade Policy on China's Economic Development

Russian and Chinese Studies ◽

10.17150/2587-7445.2021.5(1).25-35 ◽

2021 ◽

Vol 5 (1) ◽

pp. 25-35

Author(s):

Shi Ike ◽

Natalia Epova

Keyword(s):

Economic Development ◽

Foreign Trade ◽

Trade Policy ◽

World Economy ◽

Regulatory Control ◽

Foreign Trade Policy ◽

Economic Relations ◽

Trade Relations ◽

The World ◽

The Impact

The importance of foreign trade and its impact on the level of economic development of both individual states and the world economy as a whole is steadily increasing. The successful or unsuccessful development of foreign trade relations is largely determined by the state's policy in this area, the use of various tools and methods. China, having begun to reform the economic system, pursued the goal of increasing the competitiveness of the national economy. For this purpose, foreign trade relations with other countries were actively developed in accordance with the interests of China and the priorities of economic development. Over a long period in China was dominated by autarkic tendencies in the sphere of foreign relations, which contradict the idea of integration for joint solutions to existing problems and the liberalization of foreign trade. Since the late 70s, China has realized the need to connect the country to the processes taking place in the world economy and carry out reforms, an important part of which was the implementation of a strategy for the development of foreign economic relations. The new policy assumed the extraction of maximum benefits from cooperation with foreign partners, the modernization of the economy using best practices in the economic, scientific and technical spheres, the diversification of production, the introduction of effective management models. China's foreign trade policy is implemented through a variety of regulatory, control and incentive methods. This makes it possible to take into account the characteristics of specific territories and use the most appropriate tools to achieve the best result. Relevance and insufficient knowledge of the impact of trade on economic development of China in the development of global value chains and the trend towards a multipolar world system, the development of the prospects of transformation of China's foreign trade, led to the selection of topics for articles.

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