ASEAN Member States in the Focus of Ukraine’s Priority Markets

The ASEAN member states have very different levels of economic development, population, and area, but the Association is quite successful and has become an important player in the international arena, influencing global economy and policy. The purpose of the article is to analyze the macroeconomic i...

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Main Authors: Raкhman Mahbubur S., Sokyrko Bohdana M.
Format: Article
Language:English
Published: PH "INZHEK" 2020-09-01
Series:Problemi Ekonomiki
Subjects:
Online Access:https://www.problecon.com/export_pdf/problems-of-economy-2020-3_0-pages-25_33.pdf
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author Raкhman Mahbubur S.
Sokyrko Bohdana M.
author_facet Raкhman Mahbubur S.
Sokyrko Bohdana M.
author_sort Raкhman Mahbubur S.
collection DOAJ
description The ASEAN member states have very different levels of economic development, population, and area, but the Association is quite successful and has become an important player in the international arena, influencing global economy and policy. The purpose of the article is to analyze the macroeconomic indicators and trends in the foreign and domestic trade of the ASEAN member states, as well as to study the courses of developing cooperation with Ukraine for the organization, in general, and for each member state, in particular. The article suggests draft recommendations on the association’s further development and on the priority of this market for Ukraine. The composition, main goals and areas of cooperation between the ASEAN member states have been outlined. The role and position of the Association’s individual member states has been described. The main macroeconomic indicators of the ASEAN member states have been analyzed, namely: the population size and the occupational patterns for individual countries; trends for the GDP (in total and per country); the structure and evolution of trade relations; the Extra- and Intra-exports structure; the export and import structure and regional pattern of the ASEAN trade. The export-import turnover between the ASEAN member states and Ukraine has been assessed in terms of its commodity composition. A prognostic model of the GDP growth rate has been developed. The PEST analysis carried out has resulted in identifying the economic, political, technological and social factors which caused the creation of the association. A number of measures designed for improving cooperation between the ASEAN member states and Ukraine have been provided. The authors come to conclusion that the volume of trade between the member states within the Association, on the one hand, and between the member states and other countries outside the Association, including Ukraine, on the other hand, has increased.
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spelling doaj.art-c08f3dec468344c2b46bf7c8c9b913f02024-02-02T18:00:03ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862020-09-01345253310.32983/2222-0712-2020-3-25-33ASEAN Member States in the Focus of Ukraine’s Priority MarketsRaкhman Mahbubur S.0https://orcid.org/0000-0001-7408-4049Sokyrko Bohdana M.1V. N. Karazin Kharkiv National UniversityV. N. Karazin Kharkiv National UniversityThe ASEAN member states have very different levels of economic development, population, and area, but the Association is quite successful and has become an important player in the international arena, influencing global economy and policy. The purpose of the article is to analyze the macroeconomic indicators and trends in the foreign and domestic trade of the ASEAN member states, as well as to study the courses of developing cooperation with Ukraine for the organization, in general, and for each member state, in particular. The article suggests draft recommendations on the association’s further development and on the priority of this market for Ukraine. The composition, main goals and areas of cooperation between the ASEAN member states have been outlined. The role and position of the Association’s individual member states has been described. The main macroeconomic indicators of the ASEAN member states have been analyzed, namely: the population size and the occupational patterns for individual countries; trends for the GDP (in total and per country); the structure and evolution of trade relations; the Extra- and Intra-exports structure; the export and import structure and regional pattern of the ASEAN trade. The export-import turnover between the ASEAN member states and Ukraine has been assessed in terms of its commodity composition. A prognostic model of the GDP growth rate has been developed. The PEST analysis carried out has resulted in identifying the economic, political, technological and social factors which caused the creation of the association. A number of measures designed for improving cooperation between the ASEAN member states and Ukraine have been provided. The authors come to conclusion that the volume of trade between the member states within the Association, on the one hand, and between the member states and other countries outside the Association, including Ukraine, on the other hand, has increased.https://www.problecon.com/export_pdf/problems-of-economy-2020-3_0-pages-25_33.pdf«asean path»«soft integration»gdpanalysisextra- and intra-exportspest-analysisukraineprognosisimprovement measures
spellingShingle Raкhman Mahbubur S.
Sokyrko Bohdana M.
ASEAN Member States in the Focus of Ukraine’s Priority Markets
Problemi Ekonomiki
«asean path»
«soft integration»
gdp
analysis
extra- and intra-exports
pest-analysis
ukraine
prognosis
improvement measures
title ASEAN Member States in the Focus of Ukraine’s Priority Markets
title_full ASEAN Member States in the Focus of Ukraine’s Priority Markets
title_fullStr ASEAN Member States in the Focus of Ukraine’s Priority Markets
title_full_unstemmed ASEAN Member States in the Focus of Ukraine’s Priority Markets
title_short ASEAN Member States in the Focus of Ukraine’s Priority Markets
title_sort asean member states in the focus of ukraine s priority markets
topic «asean path»
«soft integration»
gdp
analysis
extra- and intra-exports
pest-analysis
ukraine
prognosis
improvement measures
url https://www.problecon.com/export_pdf/problems-of-economy-2020-3_0-pages-25_33.pdf
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