PROCESSES OF ECONOMIC INTEGRATION IN THE BALANCING OF THE GLOBAL CUSTOMS SPACE
Journal Title: Сталий розвиток економіки - Year 2017, Vol 36, Issue 3
Abstract
Purpose. The aim of the article is to assess the current trends of economic integration in the process of liberalization of international trade and to substantiate their role in balancing the global customs space. Research methodology. Methodology and research methods are based on dialectic and system approaches. General scientific and special methods are used in the process of research in particular, theoretical generalization – in substantiating the importance of economic integration processes for the development of international trade and its liberalization; method of comparison and grouping – in conducting an assessment of regional integration processes and clarifying their role in resolving issues of international trade regulation; historical and logical methods of analysis and synthesis, graphical and tabular methods – in formulating the problems of economic integration of countries, which hinders the balance of the customs space. The information base of the study is data from the World Trade Organization and UNCTAD. Results. The importance of the processes of economic integration for the development of international trade and its liberalization is argued. It is revealed that the global customs space is heterogeneous, because there are differences between countries in the rates of duties, the levels of harmonization of customs tariffs. An assessment of regional integration processes was conducted and their role in the decision of issues of regulation of international trade was clarified. The organizational forms of international economic integration are analyzed. It is established that countries are actively using Regional Customs Administration in their practice. The interrelation of processes of economic integration and balancing of customs space is substantiated. The problems of economic integration of the countries that impede the balance of the customs space are formulated. Originality. The scientific novelty is the systematic approach to assessing the impacts of economic integration processes (global and regional) on balancing the customs space and substantiating contradictions that arise for countries. Practical value. The practical significance lies in the fact that the results obtained by the author will serve as a basis for assessing the benefits and challenges faced by countries by the processes of economic integration that will balance both their interests and the customs space themselves.
Authors and Affiliations
Andrii Voitseshchuk
Keywords
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