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International Trade and Trade Policy

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No 3 (2017)
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ECONOMIC INTEGRATION

5-22 649
Abstract

The article is devoted to the review of the results of the development of the EEU-EU integration group for 60 years after the signing of the Treaty of Rome  in  March  1957.  The  dramatic  situation  that  emerged  after  the victorious conclusion of the Second World War over Nazi Germany and its allies is reminiscent of the hopelessness, need and desperation of the European peoples, it seemed, lost their future. One after another, various political projects of European unification failed. The evolution of the established European Economic Community (EEC) on the basis of the European   Coal   and   Steel   Community   (ECSC)   is   traced.   Stages   are highlighted such as the signing of the Paris and Rome treaties that created the integration group, as well as the Maastricht Summit, which renamed the EEC to the European Union. Among other decisions, indicated the accelerated expansion of the Union at the expense of the former socialist countries of Eastern Europe and the Union republics of the USSR, which led to increased contradictions. This factor led to the UK's exit from the EU. Questions about the prospects of the European Union were touched upon.

23-42 533
Abstract

Based on the discussion on the opposition of the principles of free trade to measures of protectionism, it is analyzed on the example of NAFTA and the The Free Trade Agreement of the EAEU   and the Socialist Republic of Vietnam, namely the development of the foundations for the liberalization of foreign economic relations, regulated primarily at the interstate level, taking into account WTO principles and norms   еconomic development of the partners of regional cooperation; The view is expressed that the implementation of liberal approaches in regional trade agreements, free trade agreements or FTAs + respond to the process of transition to multipolarity in the world community, including. Within the framework of the implementation  of  the  initiative  of  a  large  Eurasian  partnership  and  the vector of preferential partnership in the Americas, based on interstate and predominantly bilateral agreement on the foundations of partnership.

43-55 351
Abstract

The  article  is  devoted  to  the  analysis  of  the  functioning  of  regional integration organizations in different parts of the world, their problems and prospects, difficulties and mistakes, positive and negative experience. In the current framework of interconnectivity and interdependence national countries can't develop effectively without international cooperation. Countries establish different types of regional unions taking into account their economic, political, geopolitical or geoeconomic interests. Many organizations represent different levels and formats of integration.  Their development  is  determined  by  different  economic  and  political  factors which are specific to each concrete region. The experience of major regional integration organizations is crucial for the analyses of the development of Eurasian economic organizations, and producing recommendations for further development of the Eurasian economic union.

56-73 547
Abstract

The article defines the significance of foreign capital for the development of the Eurasian Economic Union, examines the main effects of their attraction and receipt. Dynamics and structure of foreign investment into Eurasian Economic Union are analyzed, the main spheres of interests of foreign investors are considered. Data on domestic investments within the Union between its member countries is also presented. Features of investment policy within the Union, bases and the directions of its implementation are revealed. The system of managing the process of attracting foreign capital to the Eurasian Economic Union are studied.

WORLD COMMODITY MARKETS

74-94 470
Abstract

The article justifies the use of stock trading methods at the international market based not on price forecast but on the chosen methodology of opening  positions.  The  economic  basis  of  the  non-predictive  trade  on  a global scale is completely objective, because the share price fluctuates up and down relatively to its value taken as a base, thus there is always a difference in prices, and only its positive or negative relation to the initial position of the dealer means that one received income or loss. In practice the non-mathematical methodology of the world stock trade allows to create trading automats (robots) representing the unity of the universal shell program and individual trading strategy, created and incorporated into the shell by the trader without help. The wide spread of robot designers will allow private traders to compete equally with the expensive trading automats,, which only large corporate merchants can afford. Thus, any market participant can trade using trading robots, and therefore in terms of the domination of automated trading the competitive foundations of the international stock market will be kept.

95-108 792
Abstract

The article assesses the development of the international art market as a new segment of the modern economy. The principles of functioning of the international  art  market  from  the  point  of  view  of  its  geography  and segment, also show the trend observed in this area in recent years. The authors attempt to highlight the problems and show promising directions of development of foreign art-business in Russia.

109-119 328
Abstract

The articles reflect the economic trends in the development of modern methods of extraction and processing of hard-to-recover energy carriers, the production of alternative high-tech liquefied and synthetic liquid fuels that are being replaced by traditional ones: conditioning oil and natural gas. The possibilities of a gradual reduction in the cost of both hard-to-recover oil reserves and the production of artificial liquid and liquefied fuels are analyzed. Briefly consider renewable energy sources and offer their perspective use in the energy sector of the Russian Federation.

SCIENCE AND EDUCATION

120-133 396
Abstract

Donald Trump’s economic and political goals may significantly reshape US federal budget priorities. The possible consequences of the planned  changes in budget structure are examined by the authors in view of supporting research and development sector, taking into consideration the constraints imposed by growing budget deficits, gross debt of the federal government and net interest payments on it. Contemporary situation and new policies are being compared with the previous periods when the US government was also running annual budget deficit. The significance of developing of innovative products and services and bringing innovative technology products and services to market are in focus along with the government role in developing research projects  and commercialization their results. In view of President Trump’s budget proposals to make cuts across many federal programs, including financing the National Institutes of Health and certain programs to train health professionals, funding of these Institutes is analyzed. It is pointed out that effective national policy in science and technology remains one of the key US priorities, though the instruments of its implementing, the structure of funding are being in the process of transformation.

WORLD ECONOMY AND INTERNATIONAL ECONOMIC RELATIONS

134-149 350
Abstract

The relevance of a subject of a research is caused by often repeating system financial crises quickly developing into the international crises and also need of increase in financial stability for the East Asian region. There is extensive literature on the problem of global liquidity, which analyzes the transmission channels of capital flows to East Asia emerging markets, including the impact on risks to financial stability and financial landscapes.

In the paper attention shifts from the transmission channels to the state of the assets, which are the end result of the effect of capital flows on the financial systems  of  developing  countries  and,  as  a  consequence,  their  financial stability. The article defines the concept of structural imbalances as well.



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ISSN 2410-7395 (Print)
ISSN 2414-4649 (Online)