Global Risks of Trade and Economic Cooperation of Ukraine With Countries of the Northern American Region

Olha Yatsenko, Vitalii Nitsenko, Abbas Mardani, Dalia Streimikiene and Tetiana Tananaiko

Montenegrin Journal of Economics, 2019, vol. 15, issue 3, 217-225

Abstract: As a result of the study, it was determined that global challenges and risks hinder the development of trade and economic cooperation between countries. For Ukraine, which has been influenced by (Ñ Ð±Ñ‹ на Ð¿Ð¸Ñ Ð°Ð»Ð° which has faced geopolitical challenges) geopolitical challenges, the development of partnership with the countries of North America, recognized global economy leaders, is essential in terms of realizing national interests and defending state sovereignty. From the ability of Ukraine to anticipate and minimize the effects of negative exogenous, through methods of economic diplomacy, and especially endogenous factors, to isolate their components and identify trends, turning the challenges into opportunities, will depend on the country's economic growth and increased efficiency of trade and economic cooperation. The purpose of the article is to assess the impact of global risks on the formation and implementation of trade and economic cooperation between Ukraine and the countries of North America on the basis of methodological approaches of leading international economic institutions and organizations. Critical for its possible consequences for Ukraine is the protectionist US global policy, cyberattacks, disinvestment of capital due to political instability, multi-directional integration intentions and steps, changes in global flows of goods and capital.

Date: 2019
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