The Role of Economic Diplomacy in the System of Modern International Economic Relations

Kukharyk, Viktoriia; Nübling, Thomas

doi:10.52566/msu-econ.8(2).2021.35-44

Cited by 3 publications

(2 citation statements)

References 13 publications

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“…According to the classical theory of consumption, preferences are invariant to endowment or consumption. However, modern research shows that preferences depend on the reference point used by the individual (Kukharyk and Nübling, 2021). Most often, this point of reference is what the individual currently owns (current endowment): apparently, people prefer not to lose goods from the set of their current consumption as against preferring to buy other goods.…”

Section: Literature Reviewmentioning

confidence: 99%

A system of values and economic behaviour models of young entrepreneurs

Гуриева

Zashchirinskaia

2021

IJOA

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Purpose The purpose of this paper is to investigate the relationship of values with individual economic behaviour, identifies the correlation between personality values that are conditioned upon the culture, and evaluations of economic behaviour situations on the example of Russian culture. Design/methodology/approach This study involved 222 people of Russian nationality, young entrepreneurs employed in the commercial field, developing their own business. The following methods were used in the study: the methodology for measuring the values of an individual and cultural level; Melbourne Decision Making Questionnaire, a scenario methodology for economic behaviour, which is a short behavioural scenario (model of behaviour), taken from real life. The statistical processing of experimental data was carried out using the IBM SPSS Statistics Version 21 software package. Findings The values with correlated progressive and regressive economic forms of behaviour were identified for modern Russian society. The correlation of factors with progressive and regressive economic behaviour was also identified. Practical implications The practical significance of the study lies in the possibility of applying the results obtained not only in the system of economic education but also in programs to support the business activity of young entrepreneurs. Originality/value The value of this study is determined by the fact that it can be placed in a broader context of research into the relationship between the levels of human consciousness and his behaviour.

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Section: Literature Reviewmentioning

confidence: 99%

A system of values and economic behaviour models of young entrepreneurs

Гуриева

Zashchirinskaia

2021

IJOA

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“…Науковці, досліджуючи економічну дипломатію, зазначають, що основною місією економічної дипломатії є створення та забезпечення перспективних умов для доступу та промоції українських товарів і послуг на міжнародну арену, захист національних стратегіч-них та економічних інтересів країни у світі, а також за допомогою використання інструментів економічної дипломатії сприяти підвищенню конкурентоспроможності країни у регіоні та світі, забезпеченню національної та економічної безпеки тощо [15].…”

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Uk Economic Diplomacy

Kukharyk,

Romaniuk

2024

Herald UNU. International Economic Relations And World Economy

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The conceptual foundations of the United Kingdom’s economic diplomacy after Brexit is investigated in the paper. The role of economic diplomacy in supporting the country’s leadership and protecting national interests is analyzed. The program of economic diplomacy across five key areas: trade policy, shaping international norms and standards, concluding bilateral and multilateral agreements, participation in international organizations, and economic governance is systematized in the study. It is noted that the UK’s economic diplomacy system is based on a «whole-of-government» approach involving the Foreign, Commonwealth & Development Office and the De- partment for Business and Trade. This comprehensive strategy integrates efforts across external relations, domestic policy, commercial activity, and institutional development to consolidate the promotion of the United Kingdom’s national interests. The evolution of UK government agencies responsible for business, industry, and trade, leading to the establishment of the DBT in 2023 is examined in the research. The DBT’s key priorities, including economic growth, business support, promoting companies in global markets, fostering competition, advocating free trade, protecting business interests, supporting innovation, and leveraging post-Brexit opportunities are highlighted in the paper. It is distinguished that after Brexit, Britain seeks to diversify its trade ties by negotiating new bilateral free trade agreements and joining multilateral trade deals. It is noted that membership in the IMF, OECD, and G7 is crucial for the UK’s role in the global economy. Participation in shaping international norms and standards within organizations like the OECD and the World Customs Organization allowing Britain to play an active role in defining the «rules of the game» in global economic affairs and promoting its approaches in regulating trade, investment, and competition. It is concluded that economic diplomacy is a key instrument for advancing the UK’s trade, investment, and economic interests globally in the post-Brexit era.

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From the history of mutual cooperation of the Republic of Kazakhstan with the states of Central Asia (1991-2000)

Karassayev

Yensenov

Naimanbayev

et al. 2021

JNALSU

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This research article deals with the accepted and implemented agreements of the Central Asian states after after the fall of the Soviet Union: Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, and Turkmenistan in the field of political and economic cooperation, defense, cultural, social and humanitarian spheres. The relations of the Central Asian states are the object of this research and are considered as a political and historical aspect. These Central Asian states have their own history of development, which was formed in the post-Soviet period. Therefore, scientific literature and archival documents were brought to scientific analysis in order to study their initiatives and agreements on cooperation with each other at the international level from a scientific point of view in the field of historical science and consider them in the historical and political aspect. From the theory methodological point studying the political, economic, socio-cultural development of the states of Central Asia in the historical and political aspect, as well as in the system of international relations is one of the most important problems. Therefore, it is necessary to summarize and analyze scientific literature, archival data and information contained in the collection of documents related to this topic from a scientific point of view. As a result, mutual agreements, friendship and cooperation between the states of Central Asia, strategic partnership in the areas of development were also studied, and an analysis of their past and future was carried out

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The Role of Economic Diplomacy in the System of Modern International Economic Relations

Cited by 3 publications

References 13 publications

A system of values and economic behaviour models of young entrepreneurs

A system of values and economic behaviour models of young entrepreneurs

Uk Economic Diplomacy

From the history of mutual cooperation of the Republic of Kazakhstan with the states of Central Asia (1991-2000)

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