Forming the Ukrainian Foreign Trade Strategy: Institutional Issues

A. Kim ()
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A. Kim: N. E. Zhukovsky National Aerospace University "Kharkiv Aviation Institute"

Economics of Development, 2013, vol. 67, issue 3, 30-34

Abstract: The trends and relationship between indicators of Ukraine's GDP and foreign trade are studied. The time-series econometric model of the three indicators is composed with the trend method, using a linear function, based on which the forecast of GDP and foreign trade by 2015 is made. The features of export-oriented strategy, implemented in Ukraine, with proposals to reorient and modify foreign policy towards import substitution through the use of institutional incentives are defined. The prospect of further research of a foreign trade strategy is the development and examination of alternative strategies.

Keywords: foreign trade; foreign trade strategy; export-oriented strategy; import-substitution strategy; property rights; transaction costs; institutional approach (search for similar items in EconPapers)
Date: 2013
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