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

Related Articles

INSTITUTIONAL AND ECONOMIC MECHANISM OF PROVISION AN EFFECTIVE ACTIVITY OF AGRICULTURAL SECTOR WITH THE HELP OF DEVELOPMENT OF CORPORATE MANAGEMENT

Purpose is to offer the integral systemic approach to analysis and building mechanism of corporate management by integrated agricultural enterprise that helps to research all processes as a whole. Methodology of research...

MECHANISM OF IMPROVE THE QUALITY OF MUNICIPAL SERVICES IN THE CONTEXT OF EUROPEAN REQUIREMENTS

Purpose to the development of theoretical positions and practical recommendations on the need for coordination of research quality requirements, offered to consumers service level and standard of their actual ratings....

BANK LENDING ON THE MODERN STAGE OF DEVELOPMENT OF BANKING SYSTEM OF UKRAINE

Purpose to investigate the state of bank lending at the present stage of development of the banking system in Ukraine. Methodology of research. In order to carry out the research we have used official statistical data...

FEATURES FOR DETERMINING THE ORIGIN OF GOODS IN ACCORDANCE WITH THE FREE TRADE AGREEMENT BETWEEN UKRAINE AND CANADIA

Purpose. The aim of the article is the analysis of parts of the Agreement with Canada related to the definition of the country of origin of goods in the context of receiving tariff preferences in order to identify featur...

INVESTMENT BANKING IN THE DOMESTIC MARKET FINANCIAL INVESTMENTS

Purpose is analytical assessment of investment banks in the domestic financial market investments. Methodology of research. The study used the following methods: analysis in studying the current state of investment ban...

Download PDF file
  • EP ID EP328082
  • DOI -
  • Views 89
  • Downloads 0

How To Cite

Andrii Voitseshchuk (2017). PROCESSES OF ECONOMIC INTEGRATION IN THE BALANCING OF THE GLOBAL CUSTOMS SPACE. Сталий розвиток економіки, 36(3), 37-45. https://europub.co.uk/articles/-A-328082