Determinants of Import Dependence of the Ukrainian Economy

The urgent issue of the formation of an effective import control system with the aim of stimulating the domestic industrial production and expanding the export potential of Ukraine is considered. The study is based on the analysis of the volume of import consumption in the economy of Ukraine. The re...

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Main Authors: Melnyk Tetyana M., Pugachevska Kateryna S.
Format: Article
Language:English
Published: PH "INZHEK" 2019-06-01
Series:Problemi Ekonomiki
Subjects:
Online Access:http://www.problecon.com/export_pdf/problems-of-economy-2019-2_0-pages-53_61.pdf
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author Melnyk Tetyana M.
Pugachevska Kateryna S.
author_facet Melnyk Tetyana M.
Pugachevska Kateryna S.
author_sort Melnyk Tetyana M.
collection DOAJ
description The urgent issue of the formation of an effective import control system with the aim of stimulating the domestic industrial production and expanding the export potential of Ukraine is considered. The study is based on the analysis of the volume of import consumption in the economy of Ukraine. The review of scientific sources in this area indicates that among scientists there are discussions about the impact of imports on economic development. The issues of the influence of tariff and non-tariff restrictions on the competitiveness of domestic products are investigated only in a small number of the existing works. At the same time, further research is needed on the trends in and implications of the growing import dependence of the Ukrainian economy. There are analyzed the trends in foreign trade of Ukraine; commodity and geographical structure of imports; direction of their use for intermediate and final consumption, and gross accumulation. The causes and consequences of the excess of imports over the domestic production are determined, and indicators of the openness of the national economy are calculated. The possibilities of import substitution in certain economic activities are evaluated. The priority of combining the strategy of import substitution with the export orientation of industrial production on the basis of effective export promotion in foreign markets is grounded.
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spelling doaj.art-86fe5c00f80b4cbfbbc3975dfd0ff3852024-02-02T20:52:59ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862019-06-01240536110.32983/2222-0712-2019-2-53-61Determinants of Import Dependence of the Ukrainian EconomyMelnyk Tetyana M.0Pugachevska Kateryna S. 1Kyiv National University of Trade and EconomicsKyiv National University of Trade and EconomicsThe urgent issue of the formation of an effective import control system with the aim of stimulating the domestic industrial production and expanding the export potential of Ukraine is considered. The study is based on the analysis of the volume of import consumption in the economy of Ukraine. The review of scientific sources in this area indicates that among scientists there are discussions about the impact of imports on economic development. The issues of the influence of tariff and non-tariff restrictions on the competitiveness of domestic products are investigated only in a small number of the existing works. At the same time, further research is needed on the trends in and implications of the growing import dependence of the Ukrainian economy. There are analyzed the trends in foreign trade of Ukraine; commodity and geographical structure of imports; direction of their use for intermediate and final consumption, and gross accumulation. The causes and consequences of the excess of imports over the domestic production are determined, and indicators of the openness of the national economy are calculated. The possibilities of import substitution in certain economic activities are evaluated. The priority of combining the strategy of import substitution with the export orientation of industrial production on the basis of effective export promotion in foreign markets is grounded.http://www.problecon.com/export_pdf/problems-of-economy-2019-2_0-pages-53_61.pdfimportsdomestic marketimport substitutionimport dependenceimport controlimport structureexport promotion
spellingShingle Melnyk Tetyana M.
Pugachevska Kateryna S.
Determinants of Import Dependence of the Ukrainian Economy
Problemi Ekonomiki
imports
domestic market
import substitution
import dependence
import control
import structure
export promotion
title Determinants of Import Dependence of the Ukrainian Economy
title_full Determinants of Import Dependence of the Ukrainian Economy
title_fullStr Determinants of Import Dependence of the Ukrainian Economy
title_full_unstemmed Determinants of Import Dependence of the Ukrainian Economy
title_short Determinants of Import Dependence of the Ukrainian Economy
title_sort determinants of import dependence of the ukrainian economy
topic imports
domestic market
import substitution
import dependence
import control
import structure
export promotion
url http://www.problecon.com/export_pdf/problems-of-economy-2019-2_0-pages-53_61.pdf
work_keys_str_mv AT melnyktetyanam determinantsofimportdependenceoftheukrainianeconomy
AT pugachevskakaterynas determinantsofimportdependenceoftheukrainianeconomy