Preview

International Trade and Trade Policy

Advanced search
No 4 (2018)

ECONOMIC INTEGRATION

5-20 591
Abstract

The article discusses current aspects of the development of relations between the Eurasian Economic Union and neighboring countries, primarily with CIS countries that are not members of the EAEU. Such relationships are reinforced by mutual economic interests, but at the same time they are complicated by strong foreign and foreign economic policies pluralism of CIS states as well as high activity and growing presence of non-regional players (especiallyChina, the EU,Turkey) in the post-Soviet space. The fragile balance of centripetal and centrifugal tendencies in the development of post-Soviet integration still persists, however additional measures are needed to ensure economic cooperation between the EAEU and the CIS countries outside the EAEU and also in the CIS contour as a whole. The concept of the Eurasian Neighborhood Policy is proposed as a framework platform for the implementation of such measures, leading to stronger integrity and connectivity of the post-Soviet space, realization of joint cooperation programmes and projects. The instruments of the neighborhood policy may include extended economic partnership agreements between the EAEU and interested CIS and other neighboring countries, sectoral agreements between them (for instance, regarding technical regulation issues) with expected fast practical effects, deeper conjugation of the EAEU and CIS formats.

21-30 668
Abstract

The consequences of the APEC summit held on November 17–18, 2018 are analyzed. It is emphasized that the summit ended with little or no result due to the growing trade and economic contradictions between theUnited StatesandChina, which have the potential to significantly weaken trade and economic ties in the Asia-Pacific region. Under these conditions, after theUSwithdrawal from the Trans-Pacific Partnership (TTP),Japanis increasingly taking the path of bilateral and regional agreements with the countries of the Asia-Pacific Region, including the People's Republic ofChina.Japanconsistently pursues this policy in the framework of the strategy of the Free and Open Indo-Pacific Region proclaimed in 2016. This strategy will allowJapanto insure itself against the possible eventual occurrence of the American-Japanese trade war, taking into account the fact thatJapanhas a growing positive balance in trade with theUnited States.Japanhas all high hopes on the establishment of a Regional Comprehensive Economic Partnership with the participation of 16 countries. At the same time, the APR is increasingly becoming a zone of military rivalry between the states of this region, which is an additional factor complicating the ongoing development of Japan’s trade and economic ties with many APR countries.

31-39 595
Abstract

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. Globalization finds its expression in the strengthening and acceleration of the processes of integration. These processes are at the center of attention in all regions of the world. Formation of economic unions is an important part of this global process, which is covering all regions of the world. The history of recent decades clearly demonstrates that at the present stage of the development of the world system, no country can alone enter the world community as an equal partner. The Eurasian economic union came into force in 2015, it has to overcome a lot of difficulties, so it is extremely important to draw the lessons from accumulated experience. The article is devoted to the problems of functioning of the Eurasian Economic Union and to the analysis of its experience. There is a need for deepening integration.

40-61 707
Abstract

The article presents the possibility of using a country's bilateral trade analysis as the informational basis for identifying priority areas and industries in manufacturing from which outward direct investment (ODI) could be promoted to the host countries that are trading partners within the integration area. There has been elaborated a methodology for determining priority industries and types of ODI strategies. It includes eight stages of a dynamic assessment of the country's international specialization change in bilateral trade. The methodology comprises the evaluation of the following indicators: comparative advantages in international trade between the country and partners in order to determine the priority sectors for ODI identify the types of ODI strategies; the nature of intra-industry trade of the country and partner countries to determine the possibilities for global and regional value chains creation. The methodology has been applied to the case of theRepublicofBelarus. There have been evaluated the dynamic changes in its international specialization in bilateral trade with the EAEU partner countries on the basis of the 4-digit UN Standard International Trade Classification code. Static and dynamic effects of integration were identified, on the basis of which the types of potential ODI strategies fromBelarusto the EAEU partner countries were revealed.

WORLD ECONOMY AND INTERNATIONAL ECONOMIC RELATIONS

62-70 721
Abstract

TodayRussiahas embarked on the difficult path of transition to a new, higher, production and export level, so it is important to understand in which areas domestic enterprises can increase supply volumes abroad and most successfully compete in the global market. To this end, the article identified the key features of the concept of «export potential»: its dependence on the existing production capacity and the competitiveness of products manufactured for export. A retrospective analysis of the commodity structure of Russian export deliveries showed that non-fuel components account for about 41%, and about 34% of products have a non-resource character, with positive dynamics in such important groups as «machinery and equipment», «chemical products and rubber» and others. However, by the end of 2017, there is a predominance of goods of the lower redistribution (about 46% of non-resource non-energy exports), that indicates the high dependence of the Russian exports on the simplest products. Experts identified the points of growth of non-resource exports: the sphere of high technologies, the internationalization of small and medium-sized firms, the development of the regional export potential, and the expansion of tourism and educational services exports.

71-89 1213
Abstract

Economic, demographic, political, social and others factor, which contribute to the increase of migration interaction between the countries of the region are presented in the article. The authors come to the conclusion, that economic and demographic differences betweenSouth-East Asiacountries are not only unlikely to be overcome in the coming decades, but can even grow. This means a possibility of a more clear distinguishing the countries of the region along the line «donor-recipient» to take place in the future, and thus a more distinct distribution of roles within the framework of the migration system. The sending group includesCambodia,Philippines,Laos,Myanmar,IndonesiaandViet Nam. The main recipient countries, which account for more than 80 per cent of all intraregional migration, areSingapore,ThailandandMalaysia. However, the links betweenSouth-East Asiacountries have not yet become sustainable, the regionalization of migration varies from country to country in the ASEAN and population flows from a number of countries are directed outside the region. It is emphasized that the intensification of population movements in the region promotes a better allocation of labor resources inSouth-East Asiacountries, adapting their economies to asymmetric shocks, as well as the expansion of foreign economic relations between the countries of residence and origin of migrants. The article attempts to identify the key factors and features of the migration cluster creation in this area, uniting countries with different levels of economic development, social sphere, level of democracy and political stability. The main attention is paid to the characteristics of the main features inherent in the regionalization of human movements inSouth-East Asia, the definition of challenges for the development of this group of countries. The authors also try to identify the most important trends in migration management both at the multilateral level and within countries, considering the regional migration system as a way of interaction between migrants and institutions responsible for regulating population movements. The article also describes the formation of the regional system of migration processes governance. The main feature of this system consists in a combination of elements of multilateral and bilateral regulation, taking into account the national specifics of countries in the region.

90-106 662
Abstract

The article considers the current state of the world energy development, assesses the prospects of modernization of the sector in the context of global digitalization policy, examines energy resources and approaches to their consumption. Technological and organizational aspects of the formation of the energy sector, changes in trade in fuel and energy products, the current state of the industry in theRussian Federationare also considered. It was noted that digitalization, the use of other advanced technologies allow to ennoble the appearance of this sector, to make improvements to the existing system of production relations, to stimulate global demand for electronic and power products and develop of a number of other high-tech industries. Highly likely, the creation of smart-grid has an impact on the energy landscape, international and local trade of oil, gas, coal, petrochemicals and electricity and can contribute to the development of existing and the creation of new market niches and technologies (for example, energy sharing), ways of capital application in its various forms. The next level of global energy development can be reached on new knowledge, approach and technologies basis. In the new world, the key approach to the production and consumption of energy can be the principle of «From each according to his ability, to each according to his needs».

107-120 573
Abstract

The article discusses the Chinese and Russian experience in the transition to an innovative economy.Chinais the most successful example in stimulating innovation in the country, effective public administration of the innovation sector and the rapid growth of high-tech industries and number of companies in these industries. The author analyzes the mechanisms by whichChinawas able to reach a new level of technological development. The creation of special economic zones, industrial and innovation clusters, as well as high-tech zones in which technoparks, haxpaces and unicorns were located, served as the basis for the formation ofChina's national innovation system. A well-developed knowledge transfer system in technology based on the «triple helix» model of Henry Izkowitz, which is based on the integration of universities with government and business, has enabledChinato become a leader in science and high technology. Special attention is paid to the Russian practice. The author identifies such rivers of innovative growth of the Russian economy as innovative territorial clusters and technoparks created primarily in special economic zones and territories of advanced socioeconomic development. It is innovative clusters that can be the points of growth of the national economy that will make it possible to effectively use the innovative potential ofRussiato increase its competitiveness in the world.

CUSTOMS SUPPORT OF FOREIGN ECONOMIC ACTIVITY

121-135 2630
Abstract

The article deals with the direction of currency control carried out by the FCS of Russia. The authors analyzed the directions of the currency control carried out by the FCS of Russia. The article presents an analysis of changes of the functions and powers that the FCS of Russia has in exercising such control in connection with the transfer of functions of the currency control authority to this service, as well as with the adoption of changes to the Federal Law 173-FZ, dated 10 Dec. 2003, «On Currency Regulation and Currency control». The results of checks of compliance with currency legislation conducted by the FCS of Russia for the period from 2010 to 2017 were analyzed. Conclusions about the structure of violations of currency legislation for the period 2014-2017 were made. It was concluded about the change in 2016 of the trend of the predominance of violations related to the failure by the resident of the duty to repatriate the currency of theRussian Federationor foreign currency over the violations related to non-compliance with the procedure for submission of forms of accounting and reporting on currency transactions. The analysis of changes in legislation on currency control in the submission of forms of accounting and reporting was carried out. The problems of the customs authorities arising during the currency control, particularly the problems of the existence of oneday firms, were identified, the areas of activity of the FCS of Russia that promote prevent the activities of one-day firms were examined.



Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


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