Forming a foreign trade partnership strategy in the context of strengthening national economic security: A case study of Ukraine

Volodymyr  Martyniuk; Yuliia  Muravska

doi:10.23762/FSO_VOL8_NO2_1

Published : 2020-06-29

Vol. 8 No. 2 (2020)

Forming a foreign trade partnership strategy in the context of strengthening national economic security: A case study of Ukraine

Volodymyr Martyniuk

Yuliia Muravska

DOI: https://doi.org/10.23762/FSO_VOL8_NO2_1

Abstract

Economic security is an important factor in the economic development of a country. Though it relates to all countries, it plays a key role in relation to emerging economies in particular. Given this fact, the purpose of the study is to analyse the main indicators of Ukraine’s development of foreign economic activity and to formulate the country’s foreign trade partnership strategy in the context of strengthening its economic security. Based on the analysis of the country’s potential in the sphere of foreign trade activity, the foreign trade strategic partnership matrix for Ukraine was formed. This helped to identify the countries with asymmetric interaction and relatively low potential of partnerships, as well
as the most attractive strategic partner countries. The matrix shows that countries such as Hungary, Italy, China, Great Britain, and the Russian Federation are characterised by relatively lower potential for strengthening partnerships with Ukraine, whereas the USA, France, Canada, Austria, Germany, Poland, Slovakia, the Baltic States, Belarus, Georgia and the Czech Republic are among the priority countries in the context of strengthening foreign trade relations. The results achieved have wide practical implications for politicians and decision-makers.

Keywords:

Foreign trade partnership strategy, economic security, Ukraine

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Martyniuk, V. ., & Muravska, Y. . (2020). Forming a foreign trade partnership strategy in the context of strengthening national economic security: A case study of Ukraine. Forum Scientiae Oeconomia, 8(2), 5–24. https://doi.org/10.23762/FSO_VOL8_NO2_1

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Volodymyr Martyniuk

volmartynyuk@gmail.com

Affiliation:

Higher School of Economics and Innovation, Lublin, Poland Poland

Bio Statement (e.g., department and rank)

Volodymyr Martyniuk, PhD, is a Professor in the Faculty of Administration and Social Sciences, Higher School of Economics and Innovation. In 2002 he successfully defended his PhD at the National Institute for Strategic Studies under the President of Ukraine on the subject: “Institutional changes in the economy and their impact on indicators of economic security of the State” as part of specialisation in the economic security of the state. In 2012 he defended his Doctoral Thesis at the Ukrainian National Institute for Strategic Studies on the subject: “Development of Customs System in the Context of Ensuring Economic Security of the State” as part of specialisation in the economic security of the state. He is the author of more than 150 scientific works on issues pertaining to ensuring the economic security of the state, macroeconomic equilibrium, development of customs systems, taxation, including two personal monographs and seven textbooks (manuals). Twice, in 2007 and 2011, he received the grant of the President of Ukraine which supports the scientific research of young scientists. In 2010 he was awarded first prize in the fourth M.I. Tugan- Baranovsky All-Ukrainian competition
of scientific works of scientists for his work entitled “Monographic Editions”. In 2011- 2012 he was a Scholar of the Cabinet of Ministers of Ukraine. He is a member of the editorial board of the academic journals “E-Finance” (Poland) and “Economic Analysis” (Ukraine).

Yuliia Muravska

yakubivskay@gmail.com

Affiliation:

Ternopil National Economic University, Ternopil, Ukraine Ukraine

Bio Statement (e.g., department and rank)

Yuliia Muravska, PhD, is an Associate Professor in the Department of Security, Law Enforcement and Financial Investigations of the Faculty of Law at Ternopil National Economic University, Ukraine. She has 13 years of experience in teaching, scientific and grant activities. She earned a PhD degree with the successful defence of her thesis entitled “Thestateregulation ofinternationaltransferof industrialproperty in Ukraine”in 2012. She completed her professional development abroad at the University of Rzeszow (Poland), Jagiellonian University (Krakow, Poland), and Maria Curie-Sklodowska University (Lublin, Poland). Her fields of interest include intellectual property, economic security, industrial espionage, and European integration. She is a member of the NGO “Union of Economists of Ukraine” and the author of two books and more than 50 scientific and professional papers.