scholarly journals The EU-ASEAN Ties: A Strategic Partnership? : Assessing the Development of Relations through the Lens of Political and Economic Cooperation

2020 ◽  
Vol 13 ◽  
pp. 96-113
Author(s):  
Zoltán Páldi
Author(s):  
В.И. Герасимчук ◽  
V. Gerasymchuk

Глобальные перемены в мировой политике и экономике происходят под решающим влиянием стран «Большой семерки» и БРИКС, придя на смену биполярному миру (США – СССР). После развала СССР каждая из бывших 15 республик, а ныне независимых государств, выстраивает экономические отношения со странами-соседями, международными и региональными объединениями в соответствие со своими стратегическими намерениями. В статье анализируются тенденции социально-экономического развитии Украины и Казахстана в течение 1991-2020гг. Изложены особенности моделей трансформации экономик двух стран. Методологической основой исследования выступает сравнительный ретроспективный анализ происходящих изменений в экономиках обоих государств с применением рейтинговых инструментов и механизмов. Указаны различия в векторах при выборе стратегического партнерства: для Украины – это НАТО, США и ЕС, для Казахстана – ОДКБ, Россия, СНГ и ЕАЭС, а также Китай, США, государства Центральной Азии и ЕС. Обращено внимание на уязвимость национальных экономик от влияния мировых финансовых кризисов, разрывов прежних кооперационных связей, потерей традиционных рынков сбыта, комплекса нерешенных внутренних проблем. Дана оценка экспортного потенциала экономик двух стран; подчеркнута необходимость увеличения в его структуре продукции с высокой добавленной стоимостью. Детально рассмотрены тенденции развития двустороннего торгово-экономического сотрудничества. Предложен комплекс мер по увеличению товарооборота между Украиной и Казахстаном. Global changes in world politics and economy are taking place under the decisive influence of the G7 and BRICS countries, replacing the bipolar world (USA - USSR). After the collapse of the USSR, each of the former 15 republics, now independent states, is building economic relations with neighboring countries, international and regional associations in accordance with their strategic intentions. The article analyzes the trends in the socio-economic development of Ukraineand Kazakhstanduring 1991-2020. The features of the models of transformation of the economies of the two countries are stated. The methodological basis of the study is a comparative retrospective analysis of the ongoing changes in the economies of both countries using rating instruments and mechanisms. Differences in vectors when choosing a strategic partnership are indicated: for Ukraine, these are NATO, the USA and the EU, for Kazakhstan– the CSTO, Russia, the CIS and the EAEU, as well as China, the USA, the Central Asian states and the EU. Attention is drawn to the vulnerability of national economies to the impact of global financial crises, breaks of previous cooperation ties, loss of traditional sales markets, and a set of unresolved internal problems. The assessment of the export potential of the economies of the two countries is given; emphasized the need to increase its structure of products with high added value. Trends in the development of bilateral trade and economic cooperation are examined in detail. A set of measures has been proposed to increase trade between Ukraineand Kazakhstan.


2019 ◽  
Vol 72 (3) ◽  
pp. 171-196
Author(s):  
Ewa Radomska

The goals of the paper are: to analyse the scale and nature of foreign direct investments (FDI) in the economic cooperation between France and China; to explain the main reasons for the Chinese capital commitment in the form of FDI in the European Union (EU) and France as well as French one in China; and to identify the conditions and barriers in the flow of FDI and the main activities undertaken by France and the EU to introduce more symmetry in relations with China. The following research hypothesis has been adopted: FDI are an important element of the economic cooperation between France and China, which is developed despite barriers including differences in potentials and asymmetry in market access. In the face of China’s growing activity in the global economy, noticing the benefits, France does not question the bilateral relations but puts more emphasis on the need to create coherent and coordinated strategy towards China at the EU level. This analysis allowed formulation of a few main conclusions. The recent dynamic inflow of Chinese FDI to the EU (including France) is closely connected with China’s measures aimed at reinforcing its position in the global economy. The dynamic and nature of Chinese FDI coming to France and other EU countries, asymmetry in access to markets, the Belt and Road Initiative, changes in the US trade policy and divisions among EU member countries pose challenges to the EU. France is fully committed to creating a common EU strategy towards China and restoring the balance within the EU-China strategic partnership.


2018 ◽  
Vol 2018 (6) ◽  
pp. 3-12
Author(s):  
Zhang DONGYANG ◽  

The status and prospects of development of trade and economic relations between Ukraine and China are considered. It is proved that bilateral cooperation in the trade and economic sphere has made significant progress. In 2012–2017, China was the second largest trading partner of Ukraine after Russia. However, the problem of imbalance in imports and exports between Ukraine and China has not yet been resolved. In addition, the scale and number of projects in which Ukraine attracts Chinese investment is much less than investments from European countries and the United States. It is justified that trade and economic cooperation between Ukraine and China is at a new historical stage. On the one hand, Ukraine signed the Association Agreement with the European Union, and on January 1, 2016, the rules of the free trade zone between Ukraine and the EU entered into force. This helps to accelerate the integration of Ukrainian economy into European one. On the other hand, the global economic downturn requires the introduction of innovations in the model of cooperation. The Chinese initiative “One belt is one way” is one of the variants of the innovation model of cooperation. Its significance is to unite the Asia-Pacific region with the EU in order to join the Eurasian Economic Union, create a new space and opportunities for development and achieve prosperity with the Eurasian countries. All this forms unprecedented opportunities for development of bilateral economic and trade relations. It seems that to fully open the potential of Ukrainian economy and expand bilateral trade and economic cooperation, it is necessary to take into account such proposals as the establishment of the Sino-Ukrainian industrial park, the promotion of cooperation in the field of electronic commerce, the formation of the Sino-Ukrainian free trade zone and enhanced interaction within multilateral mechanisms (for example, the Shanghai Cooperation Organization and the interaction of China and the countries of Central and Eastern Europe in the 16 + 1 format).


2020 ◽  
Vol 16 (10) ◽  
pp. 1980-1996
Author(s):  
T.S. Malakhova

Subject. Foreign economic and trade ties among countries are getting tighter and less predictable in the early 21st century. This directly stems from a growing disparity of partners, especially if it goes about their future cooperation as part of integration groups or international organizations. Communities of experts suggest using various approaches to locally adjusting integration phases, especially implementing the two-speed integration in the European Union. Objectives. The study is an attempt to examine an improvement of foreign economic cooperation and suggest its implementation steps for the European Union. This all is due to considerable inner controversies and problems within the EU, which grow more serious year by year. Methods. The methodological framework comprises the historical logic, dialectical principles, scientific abstraction method. The process and system approach was especially important for justifying the implementation of the above steps. It was used to examine foreign economic relations of partners in the European Union. Results. The article sets forth the theoretical and methodological framework for the geostrategic economic bloc, including a conceptual structure model. I present steps to implement a foreign economic cooperation of partners in the EU in terms of its form. Conclusions and Relevance. Should the form of the foreign economic relations among the EU countries be implemented, counties at the periphery of the EU will be able to become active parties to the integration group.


Author(s):  
Alina Nikitina ◽  
Anastasia Budniak ◽  
Victoria Petimko

The article examines the factors influencing the development of modern American-Chinese relations in the context of the problems of ensuring regional and global security. The necessity and expediency of in-depth analysis of the relations between the USA and the People's Republic of China (PRC) are substantiated, as the latter is of great importance for understanding the essence of modern relations between the two countries and future directions of foreign and foreign economic policy as world community leaders. The main trends in the development of relations between the United States and China for the current period and the near future are considered. The first steps in shaping relations between the two countries during the Trump administration are highlighted. The features of the modern development of China and the United States, the volume of trade between the PRC and the United States, as well as the global danger in the context of relations between China and the United States are analyzed. Thus, analysis of statistics on the level of trade in different periods showed that trade between China and the United States increased by 8.3% year on year to $ 586.72 billion in 2020. Chinese exports to the United States increased by 7.9% to $ 451.81 billion imports of American products increased by 9.8% to $ 134.91 billion. It is proved that at the present stage of China's development to establish the latest leadership ambitions remains the establishment of relations with other countries and not only by significantly increasing economic aid. To improve China's perception of the world, it needs to change its priorities for economic development to create a harmonious society, free from the current huge diversification in society. It was grounded that the expansion of trade and economic cooperation between China and the United States is a sincere desire of the Chinese and the American side. The Governments of both countries are focusing their efforts on providing a favorable and stable environment for the long-term development of bilateral trade and economic cooperation. In addition, senior management provides a solid foundation for achieving a trade balance between the two countries to improve bilateral trade and economic relations. The prospects for a US-China strategic partnership are also outlined. But the intensity of passions is also not observed. The positive and negative factors of this alliance are identified.


2017 ◽  
Vol 16 (3 (2017)) ◽  
pp. 261-283
Author(s):  
Evangelos Siskos ◽  
Konstantia Darvidou

Most European Union and Black Sea Economic Cooperation countries are net importers of petroleum and natural gas. Searching for new deposits and construction of new pipelines can improve energy security in the region. The problem is topical for Greece which has a developed refinery industry and needs to improve its trade balance to repay the accumulated external and public debt. Several new pipeline initiatives through Greece can support relations between the EU and BSEC countries. The paper provides previous research review about energy dependency and the effects of trade, production and transportation of hydrocarbons. Next we provide analysis of the effect of the trade on balance of payments in both the EU and BSeC countries. Import dependency of GDP on oil and natural gas is especially large in Malta, Georgia, Ukraine, Serbia and Latvia. On the other hand Russia and Azerbaijan are large net exporters of hydrocarbons. Then we analyse the impact of mining on labour market and refinery industry development. On average larger value added in mining leads to larger employment at least for males and middle age group of people. But the effect largely varies across countries and time periods. Together with construction of new pipelines growth of extraction can result in dozens of thousands of new jobs in Greece. There is a close link between value added in mining and compensation of employees in that industry. We have found evidence that the clustering effect between mining and manufacture of refined petroleum products and coke exists only in some EU countries.


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