EFFECTIVE FORMS FOR MANIFESTATION OF ECONOMIC RIVALRY

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EFFECTIVE FORMS FOR MANIFESTATION OF ECONOMIC RIVALRY

Journal Title: Сталий розвиток економіки - Year 2017, Vol 34, Issue 1

Abstract

Purpose. The aim of the article is to develop the theoretical and practical recommendations on identifying characteristics of economic competition in the conditions of new global economic tendencies. Methodology of research. The methodological basis of the study is the dialectical method of scientific knowledge. General scientific and special methods are used the study, namely: abstract and logical method – in determining the importance of coordination of national economic interests of different countries to stabilize the global economic environment; deductive and systematic analysis – to establish the factors by which economically developed countries obtained global economic and political benefits. The method of synthesis of information and literature sources to explore the effective forms of economic competition are used in the article. Finding. It was revealed that economically developed countries, using available financial, economic and intellectual resources developed effective methods of economic competition. The global economic and political benefits are obtained with the help of these methods. It is revealed that a number of countries are not able to respond adequately to such actions. It is determined that the use of these methods harm the global economy, as reduced volumes of international trade, there are constant changes in established foreign economic relations, therefore, creates chaos and turbulence in the global economy. It is proved that the harmonization of the national economic interests of different countries is very important under such conditions to stabilize the global economic environment. Conclusions on the impact of the competition for the economy are made on the basis of conducted research. Originality. Possibilities of using effective forms of economic competition at the beginning of XXI century are generalized. New effective forms of economic competition in the global economy are considered. Practical value. The obtained results of research show that economically developed countries developed effective methods of economic competition using available financial, eco.

Authors and Affiliations

Ihor Honak

Keywords

protectionism economic rivalry export import devaluation revaluation licensing pricing currency restrictions foreign trade

EP ID EP322157
DOI -
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