The subject of the study is a set of basic theoretical, scientific and methodological provisions and practical recommendations for analyzing trends in the system of international business and increase the effectiveness of institutional support for enterprises participating in international business. In the course of the research such concepts as "foreign economic activity", "international entrepreneurship", "international business" are considered. The latter is proposed to be considered as a system of business processes implemented by business entities outside of their own country and aimed at achieving strategic goals. Research methods. General scientific and special methods are used in the work, which allow to systematically solve problem tasks in the chosen direction of the research. In the course of the research such methods are used as: method of theoretical generalization; system analysis; graphic and analytical methods. Results. An analysis of the impact of the coronavirus pandemic on the activities of international market players has been made. A comprehensive analysis of the volume, commodity, geographical structure of exports and imports of goods in Ukraine in 2018-2020. It is determined that Ukraine overwhelmingly exports raw materials and imports high-tech goods. Despite the decline in foreign trade, the general trend indicates that exports and imports will grow in the long run. An objective analysis of the functioning of the Ukrainian business system with the help of many world ratings, which allow us to assess the place of Ukraine in the global conditions of development, in comparison with the economies of other countries. As a result of the study, it was determined that Ukraine is inferior to other countries in the world in trade, regulatory policy, national branding, etc., and has the best position in the field of budget transparency. The results of the analysis indicate the need to implement effective organizational and economic principles aimed at improving the quality of Ukraine's business system. The analysis and construction of the profile of the national business system allowed to identify the main problems in the system of international business and begin to form measures to address them. The practical significance of the obtained results is that the theoretical provisions and practical recommendations obtained by the author as a result of the study can be used in developing directions for the transformation of national international business in a crisis.
How to Cite
business, business stimulation, COVID-19, state business support, pandemic
Alon, I., & Bretas, V. (2021). COVID-19 and International Business. Emerald Publishing. E-source: https://cutt.ly/AnbcgV5
BDO International Business Compass. 2018. E-source: https://cutt.ly/nnvJBpB
Doing Business. International Bank for Reconstruction and Development, The World Bank. 2020. E-source: https://cutt.ly/7nvJMow.
Global gross domestic product. Statista. 2021. E-source: https://cutt.ly/pnvJ6k7
Index of Economic Freedom. Heritage Foundation. 2021. E-source: https://cutt.ly/MnvKtvc.
Nation Brands. Brand Finance Plc. 2020. E-source: https://cutt.ly/wnvKeE2.
Open Budget Survey Ranking. International Budget Partnership. 2019. E-source: https://cutt.ly/SnvJ3os.
Robock, S. H., & Simmonds, K. (1983). International business and multinational enterprises. 3-rd ed. Homewood, Il.: IRWIN.
The 2021 Kearney Global Services Location Index. Kearney: Global Management Consulting Firm. 2021. E-source: https://cutt.ly/5nvJ8Sa
The Global Competitiveness Report 2019. World Economic Forum. 2019. E-source: https://cutt.ly/unvJ0fO
Trade Facilitation Indicators. The Organisation for Economic Cooperation and Development. E-source: https://cutt.ly/knvKuKY
Sait Derzhavnyi komitet statystyky Ukrainy [ Site State Statistics Committee of Ukraine]. ukrstat.gov.ua. E-source: http://ukrstat.gov.ua (in Ukrainian)
Dovhal, O. A., & Pankova, Yu. M. (2016). Osoblyvosti zmistu y form mizhnarodnoho biznesu v umovakh hlobalizatsii [Peculiarities of the content and forms of international business in the conditions of globalization]. Biznes Inform – Business Inform, 6, 25–30.
Ierokhin, V. L. (2018). Mizhnarodne pidpryiemnytstvo: navchalnyi posibnyk [International entrepreneurship: a textbook]. Stavropol: AHRUS. (in Ukrainian)
Mykhailova, L. I., Turchina, S. H., & Danko, Yu. I. (2009). Mizhnarodnyi biznes: navchalnyi posibnyk [International business: textbook]. Sumy: Kozatskyi val, VAT«SOD». (in Ukrainian)
Mykhailovska, O. V. (2017). Vplyv hlobalizatsii informatsiinoho prostoru na rozvytok mizhnarodnykh innovatsiino-investytsiinykh protsesiv: monohrafiia [Influence of globalization of information space on development of international innovation and investment processes: monograph]. Vydavnychyi dim «Skif». (in Ukrainian)
Sait Ofitsiinyi informatsiinyi portal Ministerstva zakordonnykh sprav Ukrainy [Site of the Ministry of Foreign Affairs of Ukraine]. mfa.gov.ua. E-source: https://mfa.gov.ua. (in Ukrainian)
Ofitsiinyi sait Ministerstva rozvytku ekonomiky, torhivli ta silskoho hospodarstva Ukrainy [Site the Ministry of Economic Development, Trade and Agriculture of Ukraine]. me.gov.ua. E-source: https://www.me.gov.ua (in Ukrainian)
Site of The World Bank. E-source: https:// https://www.worldbank.org/en/about
Zakon Ukrainy Pro zovnishnoekonomichnu diialnist: vid 16 kvitnia 1991 roku № 959-XII [Law of Ukraine On foreign economic activity: of April 16, 1991 № 959-XII]. E-source: https://zakon.rada.gov.ua/laws/show/959-12#Text (in Ukrainian)
Kyzym, M. O. et al. (2021). Proiekt kompleksnoho paketu zahalnoderzhavnykh antykryzovykh zakhodiv podolannia naslidkiv pandemii ta stvorennia peredumov do staloho sotsialno-ekonomichnoho zrostannia [Draft comprehensive package of national anti-crisis measures to overcome the effects of the pandemic and create conditions for sustainable socio-economic growth]. Naukovo-doslidnyi tsentr industrialnykh problem rozvytku NAN Ukrainy – Research Center for Industrial Development Problems of the National Academy of Sciences of Ukraine. E-source: https://cutt.ly/0nvJZlm (in Ukrainian)
Sazonets, O. M., & Kachan, O. I. (2014). Doslidzhennia osnovnykh form zdiisnennia mizhnarodnoho biznesu [Research of the basic forms of realization of the international business]. Visnyk Natsionalnoho universytetu vodnoho hospodarstva ta pryrodokorystuvannia ZhDTU – Bulletin of the National University of Water Management and Nature Management of ZhSTU, 4 (70), 79–85. (in Ukrainian)
Tarasenko, S. V., & Petrushenko, Yu. M. (2021). Mizhnarodnyi biznes : navchalnyi posibnyk [International business: textbook]. Sumy: Sumskyi derzhavnyi universytet. (in Ukrainian)
Fedulova, I., & Dzhulai, M. (2020). Ekonomichni naslidky pandemii COVID-19 dlia pidpryiemstv Ukrainy [Economic consequences of the COVID-19 pandemic for Ukrainian enterprises]. Visnyk Kyivskoho natsionalnoho torhovelno-ekonomichnoho universytetu – Bulletin of Kyiv National University of Trade and Economics, 4, 74–91. (in Ukrainian)
Shkil, N. H. (2016). Rozvytok systemy mizhnarodnoho biznesu v Ukraini [Development of the system of international business in Ukraine]. Candidate’s thesis. Kharkiv. (in Ukrainian)