THE POTENTIAL OF CUSTOMS PAYMENTS IN THE MODERN REALITIES OF TRADE RELATIONS WITH THE EAEU AND EU COUNTRIES

2021 ◽  
Vol 2 (2) ◽  
pp. 149-156
Author(s):  
I. A. ZHURAVLEVA ◽  
Keyword(s):  
Division Of Labor ◽  
Value Chain ◽  
Trade Balance ◽  
The State ◽  
Balance Of Payments ◽  
Economic Relations ◽  
Eu Countries ◽  
Trade Relations ◽  
Goods And Services ◽  
Important Regulator

Customs payments are an important regulator of the country's economic presence in foreign economic relations and trade relations. Customs receipts serve as a landmark indicator that provides the revenue side of the budget in its significant income, and also determine the place of the state in the system of the interna-tional division of labor and its corresponding place in the value chain. Customs duties (CD) act as a kind of regulator of the amount of goods imported into the territory of the state, taking into account the state and conditions of the domestic market and the country's balance of payments. The positive financial and economic multifactorial nature of CD is manifested in stimulating the optimization of the structure of imports of goods and services, and in addition, it can act as a tool to protect domestic producers from external competitors, and strengthen the state's trade balance.

scholarly journals The dynamics and the current state of trade and economic ties between Ukraine and CIS countries has been analysed

2012 ◽  
Vol 1 (40) ◽  
pp. 156-168
Author(s):  
N. Gasuliak
Keyword(s):  
Foreign Trade ◽  
Trade Balance ◽  
Structural Features ◽  
Trade In Services ◽  
Economic Relations ◽  
Trade Relations ◽  
Goods And Services ◽  
Current State ◽  
Cis Countries ◽  
Economic Ties

The main parameters, structural features, geographical areas of foreign trade relations of Ukraine with the CIS countries has been reviewd, as well as the main problems in the framework of cooperation between Ukraine and these countries has been highlighted. Ke ywords: CIS countries, trade and economic relations, trade in goods, trade in services, volume of exports, imports, trade, balance of foreign trade in goods and services, investments.

scholarly journals THE INFLUENCE OF EUROPEAN INTEGRATION ON THE DEVELOPMENT OF ECOLOGICAL BUSINESS IN UKRAINE

2017 ◽  
pp. 100-104
Author(s):  
Iryna Skorokhod ◽  
Lyudmyla Hrynchuk
Keyword(s):  
European Integration ◽  
Systematic Approach ◽  
The State ◽  
Eu Countries ◽  
Goods And Services ◽  
The Status ◽  
Factors Of Influence ◽  
The Impact ◽  
Further Development ◽  
The Eu

Introduction. The article deals the impact of European integration on the development of ecological business in Ukraine. The Association of Ukraine and the EU implies adaptation and reforms not only in economy, but also in others areas, including ecology. The factors of influence and their consequences on the development of environmental business in the state are investigated. The main obstacles for using the experience of the EU countries are highlighted. Prospects of further using of "green enterprise" methods in Ukraine are considered. Purpose. The aim of the article is to reveal the essence, forms, stages of formation and innovative forms of the ecological business; to analyze the experience of ecological business and its regulation in the EU countries; to characterize the status and the impact of European integration on ecological business in Ukraine. Method (methodology). Methods of analogy and comparison are used in the study of problematic aspects of Ukraine and the EU in the field of ecology. Statistical methods are used for analyzing the dynamics of indicators of the development of ecological business in the state. Systematic approach is used for explaining strategic guidelines and identifying further promising ways for the development of ecological business in Ukraine. Results. The main aspects of cooperation between Ukraine and the EU have been analyzed. The main directions of further development of common cooperation have been singled out. The proposals of improving the position of Ukrainian eco-goods and services on the European market have been substantiated.

scholarly journals Ukrainian-Polish trade and economic relations in modern conditions

2020 ◽  
Vol 23 (10) ◽  
pp. 36-46
Author(s):  
Borys Sulym
Keyword(s):  
Free Market ◽  
Trade In Services ◽  
Negative Effects ◽  
Economic Relations ◽  
Trade Relations ◽  
Goods And Services ◽  
Cross Border ◽  
Polish Economy ◽  
Trade And Investment ◽  
Cross Border Cooperation

The main directions of development of Ukrainian-Polish trade relations are considered in the article. The positive and negative effects of cross-border cooperation in trade and investment are substantiated, as well as a number of recommendations for building mutually beneficial relations on the basis of national interests.The purpose of this article is to assess the Ukrainian-Polish trade and economic relations in modern conditions in order to form scientifically sound recommendations for the development of mutually beneficial cross-border cooperation, taking into account national interests.Research methods. Methods of scientific analysis are used in the critical assessment of the concept of free market and free trade; comparison in the study of the dynamics of Ukrainian-Polish trade relations; graphical method for displaying and comparing trade in goods and services and investment between Poland and Ukraine; method of generalization in the development of proposals to improve the efficiency of cross-border trade and investment between countries, taking into account national characteristics and interests.Results. An assessment of Ukrainian-Polish trade and economic relations over the past ten years is given. It is proved that Ukrainian-Polish relations in the field of trade in goods do not have significant benefits for the Ukrainian economy, as their balance is negative during the period under study. Emphasis is placed on mutual exits in the field of trade in services, where the Polish side actively uses Ukrainian enterprises to order services for processing material resources through cheap labor, which stimulates the inflow of funds into Ukrainian business, job creation and more. There is a significant predominance of Polish investment in the national economy over Ukrainian investment in the Polish economy, due to the higher development of the Polish economy and interest in building branches and subsidiaries of Polish enterprises.A number of measures have been proposed to increase the economic complexity of the domestic economy in order to increase technological exports to Poland and equalize the trade balance between the countries; the directions of development of trade in services (in particular medical services in the conditions of COVID-19), as well as measures to increase the volume of Polish investment are substantiated.

scholarly journals ESTIMATION OF BALANCE OF PAYMENTS OF UKRAINE

2021 ◽  
Author(s):  
Volodymyr Tyshchenko ◽  
Olena Tyshchenko
Keyword(s):  
Current Account ◽  
The State ◽  
Balance Of Payments ◽  
Current Account Surplus ◽  
Foreign Economic Policy ◽  
Goods And Services ◽  
Financial Account ◽  
Positive Balance ◽  
Main Components ◽  
The Current Account

The article highlights the features of the formation and assessment of the balance of payments in Ukraine. The balance of payments of Ukraine is a functional macroeconomic model that reflects all transactions that are carried out between the subjects of the national economy and the subjects of the economies of other countries of the world. This model allows you to develop and implement a sound foreign economic policy of Ukraine, analyze the state of commodity and financial markets, conduct scientific research of economic processes in the state, etc. Ukraine is actively implementing the methodology of balance of payments formation according to the recommendations of the International Monetary Fund. Ukraine's balance of payments by main components is grouped into two accounts: "capital and financial transactions" and "current transactions": capital transactions cover all transactions related to the receipt or payment of capital transfers and the acquisition or sale of property rights and non-financial assets; current transactions include all transactions between residents and non-residents on real values, as well as transactions on the free provision or receipt of valuables for current use. Like any other "balance of payments" consists of receipts and payments. It is active (surplus) when revenues are greater than payments and passive (deficit) when payments are greater than revenues. Based on the assessment of the balance of payments of Ukraine for 2020, certain conclusions can be drawn: stable external demand for food softened the drop in exports of goods from Ukraine during the COVID-19 pandemic, and the increase in prices contributed to its growth at the end of 2020; despite a slight recovery in domestic demand in the IV quarters of 2020, imports of goods to Ukraine by the results of 2020 decreased significantly; the current account surplus in Ukraine in 2020 was provided by a significant positive balance of trade in services and a record surplus of the primary income account; capital outflow from Ukraine on the financial account stopped at the end of 2020 due to the optimism of investors; despite the crisis and significant payments on external debt, Ukraine's gross reserves increased in 2020, and the financial crisis once again confirmed the importance of both international support and a balanced macroeconomic policy. The current account surplus in Ukraine in 2020 reached one of the largest levels in the history of Ukraine, it was formed due to a significant decrease in imports of goods and services, a reduction in payments on primary income and the relative stability of exports of goods and remittances. The article proposes recommendations for improving approaches to the formation of the balance of payments in Ukraine using certain methods when regulating the balance of payments of the state.

Diagnosing Changes in Financial and Economic Indicators of the EU countries and the Russian Federation in Crisis

2018 ◽  
Vol 9 (4) ◽  
pp. 1302
Author(s):  
Dmitry A. KORNILOV ◽  
Nadezhda I. YASHINA ◽  
Sergei N. YASHIN ◽  
Natalia N. PRONCHATOVA-RUBTSOVA ◽  
Irina S. VINNIKOVA
Keyword(s):  
Economic Indicators ◽  
Current Account Balance ◽  
Economic Relations ◽  
Eu Countries ◽  
Goods And Services ◽  
Financial Account ◽  
The World ◽  
Financial Impacts ◽  
The Eu ◽  
Level Of Risk

Issues of sustainability of economic development of individual countries and the world economy in general are becoming more and more relevant, financial and economic relations reveal the global dependence of the economies of all countries. The article lists the measures taken to stabilize the economy after the world economic crisis of 2007-2008, which began in the US, which subsequently initiated a protracted second wave of the euro zone crisis since 2010. The key financial and economic indicators of the EU and RF countries are indicated: GDP, Current account balance, External debt stocks, Total reserves (includes gold), Total reserves in months of imports, Net financial account, Net primary income, Net trade in goods and services, Net trade in goods, Exports of goods and services, Import of goods and services. Relative indicators were used to analyze and compare the different in the territory and number of the 29 EU countries and Russia, the boundaries and the range of their changes (min, max, max-min) were determined. A gradation is proposed for the changes in the financial and economic performance of countries, depending on the level of risk of a crisis in the financial and economic sphere. Particular attention is paid to the dynamics of changes in indicators during the crisis and in 2015-2016. Based on the analysis of financial and economic indicators that characterize the degree of independence of the country from external financial impacts, a rating of the EU and RF countries on the level of risk was composed.

scholarly journals THE ECONOMIC POLICY PECULIARITIES OF THE “HISTORICAL RIGHT” GOVERNMENTS OF THE KINGDOM OF ITALY (1861-1876)

2018 ◽  
pp. 48-52
Author(s):  
M. Mykhailenko M. Mykhailenko
Keyword(s):  
Agricultural Sector ◽  
Negative Impact ◽  
The State ◽  
Economic Policies ◽  
Foreign Investments ◽  
State Budget ◽  
Economic Relations ◽  
Goods And Services ◽  
The North ◽  
Further Development

This research analyses the economic policies peculiarities of the “historical right” governments of the Kingdom of Italy from the first stage of the unification of this country into a single nation state and rise of the “historical right” governments to power till the transfer of power to the “historical left”. It also specifies the main directions of economic reforms in a certain period of time and their impact on the further development of the state. The research establishes that the liberal economic model for country’s development chosen by its leadership at the very beginning allowed to quickly create the domestic market of goods and services, establish fruitful foreign economic relations with the greatest economic powers of that time and attract foreign investments into the Kingdom, promoting the development of the Kingdom’s agricultural sector and accumulating a substantial capital within the country. However, given the significant economic backwardness of the states of the Apennine peninsula before the unification and the actual abolition of customs barriers in trade with more powerful European countries after 1861, it had a negative impact on the country’s weak industry and deepened the distortion of development along the north-south line. The undeniable achievement of the "historical right" governments in the fiscal policy was the overcoming of the huge deficit of the state budget before 1876.

scholarly journals ОСОБЛИВОСТІ ТОРГОВОГО БАЛАНСУ НІМЕЧЧИНИ В УМОВАХ КРИЗОВОГО І ПОСТКРИЗОВОГО РОЗВИТКУ СВІТОВОЇ ЕКОНОМІКИ

2019 ◽  
pp. 13-19
Author(s):  
А. В. Артьомова
Keyword(s):  
Global Financial Crisis ◽  
The State ◽  
Balance Of Payments ◽  
Practical Significance ◽  
Structural Elements ◽  
Economic Relations ◽  
Scientific World ◽  
Definition Of ◽  
The Global Financial Crisis ◽  
The Impact

Formulation of the problem. Taking into account the tendencies of globalization of financial markets and economic relations as a whole, as well as the causes and consequences of the global financial crisis, the study of balance of payments balances become more and more relevant. The purpose of the research is to justify the theoretical basis of the formation of the balance of payments; studying the concepts and models of regulation of the balance of payments of the state; definition of structural elements and clarification of the macroeconomic value of the balance of payments; substantiation of directions of balancing the balance of international settlements; studying the impact of macroeconomic policy on the country's balance of payments; the formation of a strategy for reducing the deficit of the balance of payments. The object of research is the model of regulation of the balance of payments of the state. The methodological basis of the study was the methods and principles of the scientific knowledge of general and special methods and techniques used in the regulation and definition of the structural elements of the balance of payments. The hypothesis of the research is the assumption that for Germany's prosperity, analyzing the structure of GDP by industries over the past ten years, in the future it is necessary to focus on the development of those industries in which employment slightly decreased over the analyzed period. The statement of basic materials. The article deals with the origin of the concept of "balance of payments" in its modern sense. We studied countries that were forced to publish the balance of payments due to the emergence of inflationary processes. The trade balance of Germany in the conditions of crisis and post-crisis development of the world economy is investigated. The originality and practical significance of the research. It should be noted that in the scientific world there is a discussion on determining the main factors and the nature of their impact on the balance of payments of the country, as well as the causes of deficits in the balance of payments. Conclusions of the research . In this paper, approaches to a comprehensive assessment of the equilibrium of the balance of payments of the states are proposed on the basis of comparative analysis of the three groups of indicators. According to the results of the approbation of this approach, the balance of payment balances of the world's largest economies was assessed.

scholarly journals TARIFFE, DAZI E POLITICHE DI COMMERCIO

2011 ◽  
pp. 171-192
Author(s):  
Angelo Moioli
Keyword(s):  
Trade Balance ◽  
The State ◽  
Balance Of Payments ◽  
Trade Policies ◽  
Commercial Policy ◽  
Practical Result ◽  
Special Commission ◽  
Political Economist ◽  
Balance Of Trade ◽  
As If

Tariffs, duties and commercial policy. Duty systems and trade policies were central in the reforms proposed by the Lombard Enlightenment economists for the State of Milan. This State had originally adopted a duty scheme characterized by the presence of internal duties originating from each one of the five sub regional entities, i.e. the provinces of the State. That means that the single provinces treated the commodities coming from other provinces of the State not as home items but as if they were commodities coming from abroad. In 1764 the Vienna government established a special commission with a view to change the system. The Commission included a young Milanese patrician, Pietro Verri, the author of Considerazioni sul commercio dello Stato di Milano (Reflections on trade in the State of Milan). The treatise was highly appreciated in Vienna since it was the first to show the relation between the tariffs and the trade balance or the balance of payments. This explains why Schumpeter credited Verri as an early econometrician. Nevertheless, the studies carried out by Verri (together with Maraviglia Mantegazza) in 1762 did not lead to any practical reform of the duty system. Similarly, a new proposal suggesting to substitute a single border toll for the whole host of internal duties, did not produce any practical result. The proposal was based on a new study of the balance of trade completed in August 1773. Finally, Verri had no role in the reform adopted later in 1786, even if that was conceived on the basis of principles he had himself stated in his second attempt. But the balance of trade from which the reform was designed had been produced by Baldassarre Scorza, who was rated inferior to Verri as an ‘enlightened’ political economist.

Влияние торговой войны между США и Китаем на внешнеэкономическую деятельность ЕАЭС. Промежуточные итоги и перспективы

2020 ◽  
Vol 144 ◽  
pp. 16-25
Author(s):  
Evgeny V. Semenov ◽  
Keyword(s):  
Trade Balance ◽  
Structural Changes ◽  
Statistical Data ◽  
Global Changes ◽  
Economic Relations ◽  
Trade Relations ◽  
The Us ◽  
The Usa ◽  
World Economic ◽  
Trade War

The article analyzes the causes of the trade war between the USA and China, in particular, dwells on the problems of further globalization of the world economic relations, multidirectional vectors of the two states' development in recent decades, as well as disproportion in the trade balance. The paper presents statistical assessment of the trade war results, expressed in structural changes of trade relations between the US and China, as well as dynamics of their imports from the EAEU countries. Based on statistical data, the conclusion is made on economic prospects of the EAEU to compensate certain product groups that are falling out during the trade war in the Chinese and American markets, and general recommendations are given on building the EAEU's foreign economic strategy, taking into account the current global changes

AZERBAIJAN FOREIGN TRADE AFTER INDEPENDENCE AND THE DIMENSION OF COMMERCIAL RELATIONS BETWEEN TURKEY AND AZERBAIJAN IN RECENT YEARS

2021 ◽  
Vol 7 (28) ◽  
pp. 32-43
Author(s):  
Özlem SÖKMEN GÜRÇAM
Keyword(s):  
Natural Gas ◽  
Foreign Trade ◽  
Trade Balance ◽  
Economic Power ◽  
Cooperation Agreement ◽  
Economic Relations ◽  
Trade Relations ◽  
Political Relations ◽  
Independent States ◽  
Oil And Natural Gas

Declaring its independence in 1991, Azerbaijan faced many economic, financial and political problems, but since 1995 the country has grown substantially. The most important economic power in the country is on oil, natural gas and suitable agricultural lands. After Azerbaijan gained its independence, it started to search for markets and headed for foreign trade and in this way continued its dependence in the region. In the first years of its independence, a significant share of the country's foreign trade was with the Commonwealth of Independent States. In foreign trade, the country has an important share, especially in terms of oil and natural gas exports. Since Azerbaijan exports more than its imports every year, it is a country that gives a surplus in foreign trade balance. Turkey was the first country that accepts the independence of Azerbaijan. Declared the independence of Azerbaijan and Turkey should accept the independence of both political and economic issues of both countries have shown they are friendly. Current conjuncture in Turkey and Azerbaijan as a nation they were two brothers and two friendly states with state motto always wished they bring. It was first represented as Consulate and the Embassy of Azerbaijan in Turkey. Also at the same time, economic relations and trade relations have kept alive only Azerbaijan political relations with Turkey aimed at animation. For this reason, the two countries have signed a Trade and Economic Cooperation Agreement. Trade relations between Turkey and Azerbaijan still maintains its sustainability today. This study examines the foreign trade of Azerbaijan's economy in the coming period and the course has a very significant share of the Azerbaijan foreign trade with Turkey until today. Keywords: Foreign Trade, Export, Import, Azerbaijan and Turkey.

Sign in / Sign up

Export Citation Format

Share Document