European integration: challenges for foreign trade

Authors

DOI:

https://doi.org/10.31617/3.2023(128)01

Keywords:

European integration, foreign trade, advantages, challenges, Association Agreement with the EU, reforms, development.

Abstract

The practical significance of this study lies in highlighting the challenges accompanying the process of implementing the principles of the European integ­ration process for Ukrainian trade and the possibi­lities of economic responses to them. The aim of the study is to identify risks and threats to Ukraine’s trade caused by the development of the European integration process. To achieve the goal, the methods of theoretical generalization, analysis and synthesis were used. According to the results of research by leading scholars, the main challenges accompanying the process of EU integration with Ukraine in the field of trade have been determined. The risks and threats caused by the process of European integration for Ukraine are classified into the following groups: political, financial, the use of labour force, commodity, competitiveness, technological, environmental, and social. It was noted that in order to overcome the mentioned risks and threats, Ukraine needs to significantly diver­sify its efforts. The set of measures related to the implementation of the European integration process includes: continuation of the announced reforms, expansion and diversification of markets for Ukrainian products, protection and support of Ukrainian producers. In this situation, measures to overcome economic crime and proposals for changes to the Agreement that will maximally take into account the interests of Ukraine are also important.

Author Biographies

Tetiana ZUBKO, State University of Trade and Economics

Doctor Sciences (Economics), Associate Professor at the Department of Economics and Business Finance

Larysa DANCHENKO, State University of Trade and Economics

senior lecturer at the Department of Modern European Languages

References

Wiener, A., Borzel, T., & Risse T. (2019). European Integration Theory (3rd end) Book. Berlin. Oxford University Press. https://doi.org/10.1093/help/9780198737315. 001.0001 [In English].

Maassen, P., Olsen, J. P. (2007). University Dynamics and European Integration Springer, Dordrecht. https://doi.org/10.1007/978-1-4020-5971-1 [In English].

Boronska-Hryniewiecka, K. (2013). Subnational parliaments in EU policy control: explaining the variations across Europe. Political Science [In English].

Nissen, S. (2014). Methodological foundations and weaknesses of the largest European survey (article). The Eurobarometer and the process of European integration. Quality & Quantity, (Vol. 48), (pp. 713-727) [In English].

Sara, B. Hobolt, & Catherine, E. de Vries (2016). Public Support for European Integration. Annu. Rev. Polit. Sci. 2016.19:413-432 [In English].

Hooghe, Liesbet, & Marks, Gary (2019). Grand theories of European integration in the twenty-first century, Journal of European Public Policy, 26:8, 1113-1133. https://doi.org/10.1080/13501763.2019.1569711 [In English].

Anisimov, I. Ye. (2016). Research of experience of functioning of clusters of the EU countries as an important component of innovative activity in the conditions of global economic crisis. Economic studies, 1(09), 7-10 [in Ukrainian].

Vlasyuk, T. O. (2016). Features of Ukraine’s foreign trade relations with the EU: risks and potential incentives. NScientific Bulletin of Uzhhorod National University, (issue 10, Vol. 1), (pp. 86-90) [in Ukrainian].

Bazylyuk, Ya. B., Davydenko, S. V.,. Vanczkovskyj, D. Yu (et all) (2017). Economic security of Ukraine in the conditions of hybrid aggression: analyte. ext. Nacz. in-t strateg. doslidzh. Kyiv: NISD, 82 p. [in Ukrainian].

Mazaraki, A. A., Melnyk, T. M., Yuxymenko, V. V., Kalyuzhna, N. G., & Kudyrko, L. P. (et all) (2018). European integration priorities of national business: a monograph, Kyiv: Kyiv. nacz. torg.-ekon. un-t. 672 с. [in Ukrainian].

Mazaraki, A., Melnichenko, S., & Duginets, G. (2018). Ukrainian economy growth imperatives. Prague: Coretex CZ SE. 365 p. [In English].

Website of the State Statistics Service. http://www.ukrstat.gov.ua [in Ukrainian].

Korzh, M. V., & Malinoshevska, K. I. (2022). Development of a competitive strategy for an international enterprise. Economic space, 2(178), 51-54 [in Ukrainian].

Zubko, T. (2021). European integration: advantages and threats for foreign trade of Ukraine. Foreign trade: economy, finance, law, 6. 69-86. https://doi.org/10.31617/zt.knute.2021(119)06 [in Ukrainian].

Sydenko, V. (et all) (2018). Reformatting of European integration: opportunities and risks for the Ukraine-EU association. Kyiv: Zapovit, 214p. [in Ukrainian].

Matyushenko, I., Hlibko, S., Petrova, M., Khanova, O., Loktionova, M., & Trofimchenko, K. (2021). Assessment of Technological Competitiveness of Ukraine in Terms of Association with the EU. Economic Studies (Ikonomicheski Izsledvania), 30 (7), 148-176 [In English].

Mordas, I. V., & Muzhanova, T. M. (2020). [Ensuring the economic security of Ukraine in the context of globalization processes]. Economy. Management. Business, 1(31), 44-49 [in Ukrainian].

The impact of the war on Ukraine’s foreign trade. https://niss.gov.ua/doslidzhennya/mizhnarodni-vidnosyny/vplyv-viyny-na-zovnishnyu-torhivlyu-ukrayiny-za-pidsumkamy [in Ukrainian].

Additional Files

Published

2023-06-23

How to Cite

[1]
ZUBKO, T. and DANCHENKO, L. 2023. European integration: challenges for foreign trade. Foreign trade: economics, finance, law. 128, 3 (Jun. 2023), 4–13. DOI:https://doi.org/10.31617/3.2023(128)01.

Issue

Section

INTERNATIONAL TRADE