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2 Studia Regionalne i Lokalne

2 2023

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The Impact of War on the Reorientation of Trade Flows: The Case of Ukraine

100%

Palinchak M. , Brenzovych K. , Mashkara-Choknadiy V. , Mayboroda Y.

Studia Regionalne i Lokalne

2023

nr Special Issue

125-140

The military aggression of the Russian Federation against Ukraine, which started in 2014 and came to another active phase in February 2022, may change Ukraine’s foreign trade in terms of both its geography and product structure. The regions of Ukraine will not only have to recover from the consequences of destruction, but also to seek new directions of foreign economic activity and build connections with reliable partners such as the European Union and the United States. The paper presents an analysis of changes in the foreign trade of Ukraine and its regions since 2014 and examines shifts in trade flows in the direction of Western leaders of global trade. The case of Georgia, another target of Russian military intervention, in the reorientation of its trade flows, is also considered.

Participation in International Integration Associations as a Factor of Ukraine’s Global Competitive Power

88%

Zayats O. , Pryiatelchuk O. , Korol M. , Palinchak M. , Korol I.

Studia Regionalne i Lokalne

2023

nr Special Issue

37-49

Current glocalisation processes require the identification of priority areas for Ukraine’s further integration into the international economy. The right choice of direction, tools and forms of implementation allows the government to determine, justify and implement a competitive strategy for the country. The study aimed to determine the relationship between international economic integration and Ukraine’s global competitive power. Identifying Ukraine’s sectoral comparative advantages in trade with the EU and evaluating the index of the regional orientation of Ukraine for specific groups of goods and services made it possible to define the effects of economic collaboration with the European region. The assessment of the complementarity index of Ukrainian–European trade relations revealed that Ukraine and the European Union are main trading partners. Furthermore, the analysis of the mechanism of the Association Agreement between Ukraine and the European Union proved that the agreement actively contributes to the growth of Ukraine’s global competitive power. Comparative analysis in historical retrospect revealed priority areas for improving the integration processes which help to form the main competitive advantages of the country.