INTEGRATION MECHANISMS IN COMMODITY MARKETS: CONCEPTUAL ESSENCE AND PRACTICAL ACTION
Journal Title: Економічні інновації - Year 2017, Vol 1, Issue 63
Abstract
In article the authors developed theoretical positions of economic integration in market aspect, proposed use of category «market integration» to study modern integration processes in commodity markets. According to the authors, market integration is not only united of business entities but also their functions and commodity flows on the stages of logistics chain. There are two types of market integration – internal and external, is shown its impact on expansion the commodity and geographic boundaries of strategic markets. Market integration has target landmark, it reveals the purpose and objects of integration, which, in its turn, forms the basis to select effective forms and integration mechanisms. Author's definition of category «integration» is proposed, namely: the process of combining elements system into a single whole and mechanism of their interaction through the formation of stable ties between the elements, which is focused on balanced development of systems on micro, meso- and macro levels. Substantiated conceptual essence of category «integration mechanisms» on based the synthesis of process and meaningful approaches. The author's vision of category «integration mechanism» is as follows: ways of interaction of business entities, oriented towards the formation of stable ties between them and efficient use of resources of process (material, financial, labor). Target orientation of a particular integration mechanism determined by the management centers (economic entities, state, international organizations, etc.). The authors defined types of integration mechanisms and structures functioning in sectors of commodity markets. On the example of strategic agricultural markets shown spontaneity and ungovernability of modern integration processes. Proposed the concept of «step by step» as the basis for forming an active integration policy of state in a market context.
Authors and Affiliations
V. M. Lysiuk, O. V. Nikishyna, O. P ZARUDNA
Keywords
Related Articles
- EP ID EP349314
- DOI -
- Views 122
- Downloads 0
TRANSFORMATION OF THE INSTITUTIONAL BASE OF WORLD CARGO TRANSPORTATION
The practice of international merchant shipping and the practice of international trade in goods are interrelated at different levels - from historical to the level of a separate treaty. Here, contracts for the purchase...
STRATEGIES OF PORT ACTIVITIES: PRINCIPLES OF FORMATION AND IMPLEMENTATION
In a market economy, which directed toward economic methods of control, particularly relevant researches relating to the definition and formation of strategies for the development of port activities. Building wide range...
INSTITUTIONAL GLOBALIZATION AND POSTMODERNIZATION OF ECONOMY IN SYSTEM DINAMICS OF TRANSITIVE TRANSFORMATIONS
It is analyzed trends in the global system and the institutionalization of post-modernization processes in the context of global development, their levels and forms. The influence of globalization trends in the transform...
EXPORT POTENTIAL OF THE AGRO-INDUSTRIAL COMPLEX OF UKRAINE WITHIN THE CONTEXT OF CURRENT INTEGRATION ENVIRONMENT
This article deals with development and implementation problems of the export potential of the agro-industrial complex of Ukraine (AIC). The primary trends of improvement of the AIC components were considered and the lin...
TECHNOLOGY BLOKCHEIN IN THE FIELD OF FINANCIAL SERVICES OF THE ENTERPRISE
The article deals with the main approaches to the technology of blockade management of financial flows between enterprises and between the state and enterprises. Ukraine's entry into the global information space and the...