UKRAINE IN THE INTERNATIONAL ECONOMIC SECURITY SYSTEM PROVIDING

Journal Title: Право та інновації - Year 2016, Vol 3, Issue 15

Abstract

Problem setting. This article analyzes and researches the Ukraine’s place in the system of international economic security. It is exposed the basic priorities and ways to ensure national economic security, its place in the providing system of international economic security. It’s investigated and solved major problems associated with the creation of this system and its effective functioning. Analysis of recent researches and publications. The study of the issue engaged scholars such as Heyets V. M, Kizim M. O, Klebanov T. S., Miroshnichenko A. V, Ovyechkin O. A et al. Article’s main body. Ukraine is a subject of international economic relations, including relations in the sphere of providing international economic security. As a State-Member of international associations (including WTO), Ukraine is enough powerful participants of external economic relations, influencing including the states that economically less developed. Also Ukraine entering into relations with other states or trying to integrate into different global and regional associations turns into the object of economic policy and economic interests on the part of these states and also multinational corporations. An economic system of any sovereign formation is an object of economic subject’s attention because of those opportunities and those properties or qualities that has this system. The first and main direction of active policy of Ukraine as a subject of providing system of international security and in the same time as a guarantor of security of their own financial and economic system and is using potential, laid over a long period of economic development of our country. Historical tradition of processes development of state building in Ukraine and acquisition of the Ukrainian people increase the level of confidence in the political authority of the country from neighboring states and democracies countries including leaders of EU and G-20. The transformation of this credibility in the real prospects for economic growth and reduce dependence on external factors is the main priority of external policy of our country. And it is an economic factor but not ideological coloring that play the greatest and the main role in positioning of our country in global architectonics of world providing system of international economic security. Liberalization and deregulation have to turn from slogans to practice government and public institutions activity, and only through a strong state sector reform and optimization of the tax burden on private and also provided the real fight against corruption and reduction of the shadow economy Ukraine will get not prospects but real possibilities for association of economically weaker countries around itself. Conclusions and prospects for the development. Mechanism of economic development in a global dimension simplistic looks this way: forming powerful economic resident agents, usually in the secondary sector, it opens for state the possibilities to enter to the markets these countries of the world which economic depend on similar products then there is economic expansion in related industries and consolidate the status of the two countries in the system of bilateral agreements. In this way one state actually recognizes its dependence on products of another country. But the system of agreements makes such dependence temporary, leaving the states the right to protect their own positions and their own economic spaces including in the system of international commercial arbitration. Ukraine needs because of its economic potential to become a regional economic leader in its priority industries: steel, chemical, machine building, agro industrial etc. In this way the political leadership of the state will provide steady and predictable demand for products of industrial sector.

Authors and Affiliations

E. M. Bilousov

Keywords

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  • EP ID EP458337
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How To Cite

E. M. Bilousov (2016). UKRAINE IN THE INTERNATIONAL ECONOMIC SECURITY SYSTEM PROVIDING. Право та інновації, 3(15), 9-15. https://europub.co.uk/articles/-A-458337