Regulatory competition in the digital economy: new forms of protectionism
In: International economic policy, Heft 32-33, S. 49-79
ISSN: 1812-0660
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In: International economic policy, Heft 32-33, S. 49-79
ISSN: 1812-0660
Peculiarities of modern intercountry trade disputes and their subject-object characteristics, protectionist methods due to the COVID-19 pandemic have been studied in the article. The purpose of the article is to study the features and tools for the implementation of modern interstate trade disputes in the context of strengthening protectionist policies and the spread of the COVID-19 crisis. The research methodology is presented by historical and logical method, statistics and graphic methods, comparative method, correlation regression method, forecasting method, method of theoretical generalization have been used in the article. Dominance and detecting protectionism policy within the process of protecting national markets of goods from international competition have been highlighted and manifestation form of protectionism actions has been defined. Quantitative and qualitative assessment of trade disputes of countries within WTO has been carried out; their subject-object characteristics have been defined; major tools of the most active member countries being a complainant or a respondent have been analyzed. It has been discovered that the largest number of disputes have taken place between the USA and the EU, the USA and China, and China and the EU; methods and tools for trade disputing between the above mentioned countries were identified.
BASE
Peculiarities of modern intercountry trade disputes and their subject-object characteristics, protectionist methods due to the COVID-19 pandemic have been studied in the article. The purpose of the article is to study the features and tools for the implementation of modern interstate trade disputes in the context of strengthening protectionist policies and the spread of the COVID-19 crisis. The research methodology is presented by historical and logical method, statistics and graphic methods, comparative method, correlation regression method, forecasting method, method of theoretical generalization have been used in the article. Dominance and detecting protectionism policy within the process of protecting national markets of goods from international competition have been highlighted and manifestation form of protectionism actions has been defined. Quantitative and qualitative assessment of trade disputes of countries within WTO has been carried out; their subject-object characteristics have been defined; major tools of the most active member countries being a complainant or a respondent have been analyzed. It has been discovered that the largest number of disputes have taken place between the USA and the EU, the USA and China, and China and the EU; methods and tools for trade disputing between the above mentioned countries were identified.
BASE
Peculiarities of modern intercountry trade disputes and their subject-object characteristics, protectionist methods due to the COVID-19 pandemic have been studied in the article. The purpose of the article is to study the features and tools for the implementation of modern interstate trade disputes in the context of strengthening protectionist policies and the spread of the COVID-19 crisis. The research methodology is presented by historical and logical method, statistics and graphic methods, comparative method, correlation regression method, forecasting method, method of theoretical generalization have been used in the article. Dominance and detecting protectionism policy within the process of protecting national markets of goods from international competition have been highlighted and manifestation form of protectionism actions has been defined. Quantitative and qualitative assessment of trade disputes of countries within WTO has been carried out; their subject-object characteristics have been defined; major tools of the most active member countries being a complainant or a respondent have been analyzed. It has been discovered that the largest number of disputes have taken place between the USA and the EU, the USA and China, and China and the EU; methods and tools for trade disputing between the above mentioned countries were identified.
BASE
Peculiarities of modern intercountry trade disputes and their subject-object characteristics, protectionist methods due to the COVID-19 pandemic have been studied in the article. The purpose of the article is to study the features and tools for the implementation of modern interstate trade disputes in the context of strengthening protectionist policies and the spread of the COVID-19 crisis. The research methodology is presented by historical and logical method, statistics and graphic methods, comparative method, correlation regression method, forecasting method, method of theoretical generalization have been used in the article. Dominance and detecting protectionism policy within the process of protecting national markets of goods from international competition have been highlighted and manifestation form of protectionism actions has been defined. Quantitative and qualitative assessment of trade disputes of countries within WTO has been carried out; their subject-object characteristics have been defined; major tools of the most active member countries being a complainant or a respondent have been analyzed. It has been discovered that the largest number of disputes have taken place between the USA and the EU, the USA and China, and China and the EU; methods and tools for trade disputing between the above mentioned countries were identified.
BASE
Peculiarities of modern intercountry trade disputes and their subject-object characteristics, protectionist methods due to the COVID-19 pandemic have been studied in the article. The purpose of the article is to study the features and tools for the implementation of modern interstate trade disputes in the context of strengthening protectionist policies and the spread of the COVID-19 crisis. The research methodology is presented by historical and logical method, statistics and graphic methods, comparative method, correlation regression method, forecasting method, method of theoretical generalization have been used in the article. Dominance and detecting protectionism policy within the process of protecting national markets of goods from international competition have been highlighted and manifestation form of protectionism actions has been defined. Quantitative and qualitative assessment of trade disputes of countries within WTO has been carried out; their subject-object characteristics have been defined; major tools of the most active member countries being a complainant or a respondent have been analyzed. It has been discovered that the largest number of disputes have taken place between the USA and the EU, the USA and China, and China and the EU; methods and tools for trade disputing between the above mentioned countries were identified.
BASE
In: Ėkonomika Ukrai͏̈ny: naučny žurnal Nacional'noi͏̈ akademii͏̈ nauk Ukrai͏̈ny i Deržavnoi͏̈ ustanovy "Institut ekonomiky ta prohnozuvannja NAN Ukrai͏̈ny" = Economy of Ukraine, Band 2021, Heft 3, S. 19-40
ISSN: 2522-9478
Following on from categories of theoretical and empirical levels of learning, the revision of the modern economic policy instruments is made for the purpose of their compliance with the directions of the (macro)economic theories, determination of the objectives of its actualization, and also revealing its stabilizing and allocative functions in the process of its acquisition of the international economic policy attributes. It's established that economic theory, which is per se a dynamic, open, and unstable system of the economic knowledge that is based on corresponding assumptions and presumes simplified modeling of the economic processes because of the limitations of the offered methods, demonstrates low explicative ability in the course of analysis requested when choosing one or another economic policy according to the challenges of times. It's proved that although different economic theories can be an effective tool in the rivalry for unfair intellectual arguments in favor of one or another political decision in particular cases, the economic policy typically doesn't look like a way of mechanistic implementation of theoretical generalization. Although the rivalry with the help of the analytical arguments between the followers of the fiscal and monetary instruments of the macroeconomic policy allowed to get the intermediate result within the New macroeconomic consensus (NMC) with regard to recognition of the monetary policy precedence in the realization of the low rate of the price advance, the experience of the global financial crisis in 2008 – 2010 and global recession in 2020 threw into question the ability of the stabilization programs developed on the basis of NMC recommendations to achieve the expected results. The experience of the last decade marked with combination of the instability of both cyclical and structural and systemic nature, formed the demand for recognition of the fiscal policy as the stabilization programs' component of the full value. In a bid for interpretation of the ways and aftermaths of the realization of the international economic policy the demand is made for the forming of the new scientific consensual evaluations and theoretical generalizations.
In: Ėkonomika Ukrai͏̈ny: naučny žurnal Nacional'noi͏̈ akademii͏̈ nauk Ukrai͏̈ny i Deržavnoi͏̈ ustanovy "Institut ekonomiky ta prohnozuvannja NAN Ukrai͏̈ny" = Economy of Ukraine, Band 2021, Heft 4, S. 3-29
ISSN: 2522-9478
An analysis of government programs for macroeconomic stabilization of selected countries is made to establish their compliance with scientific approaches that determine the political choice in favor of the use of monetary and/or fiscal instruments for stimulation of economic activity based on the revision of the substantive provisions of neoclassical synthesis and the new macroeconomic consensus to highlight the peculiarities of interpretation of macroeconomic processes, the nature of cyclical fluctuations and ways to level and adjust them. It is established that the most popular in the political sphere are the conclusions of the new neoclassical synthesis (New Consensus in Macroeconomics), which combines the new Keynesian approach and the real business cycle approach, however, they are also adjusted in any form, depending on the priority of the government. (the desire to achieve full employment; price stabilization; economic growth and balance of payments; efficient use of limited resources), provide mostly short-term planning horizon, which complicates the exit from the "vicious circle" of economic policy, when its dynamic development becomes hostage to the need for constant adaptation in accordance with the changing conditions, which it itself by its own adjustment causes. It was found that in the situation of the Coronavirus crisis the issues of combating the simultaneous shocks of supply and demand, and unemployment in particular, are recognized as a priority and sought to be addressed through a combination of monetary and fiscal policy tools, including regulatory competition by neoprotectionism. defined by us as a set of principles, tools and methods of regulatory policy in international trade, international capital movements and foreign investment, as well as international monetary, financial and credit relations, the imperative of which is to stimulate socio-economic development and economic growth by creating conditions for increasing the economic activity of all economic entities.