INTEGRATION OF THE UKRAINIAN ECONOMY INTO THE EURO-ATLANTIC COMMUNITY IN THE CONTEXT OF INTERNATIONALIZATION AND GLOBALIZATION PROCESSES: CONCEPT AND ASSESSMENT

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Published: Dec 30, 2022

  Igor Mantsurov

  Alina Barvinok

  Vadym Dovhoteles

Abstract

The purpose of the article is to present the author's point of view on the conceptual apparatus that clarifies the definition of such economic categories as "internationalization", "economic integration", "inclusiveness", "globalization", etc. As a result, the essence of the processes of internationalization and integration of Ukraine into the democratized economic system of Euro-Atlantic countries is revealed. The object of the study is to analyze the complex processes of internationalization, globalization and integration of the Ukrainian economy into the competitive environment of Euro-Atlantic countries. The research methodology is based on general scientific and fundamental provisions of economic theory, international economics and statistics. The conceptual basis of the article is the world economic theories on the assessment of globalization processes in the development of the world economy. Processing and analysis of statistical data, modeling and forecasting of the identified trends were carried out using modern software. The most important theoretical and practical results that characterize the scientific novelty of the study and the personal contribution of the author are: identification of significant relationships and interdependencies between the processes of internationalization and international integration; meaningful analysis of the prerequisites for the emergence and deepening of the process of economic integration and the intensity of the influence of centripetal forces; the concept of inclusive growth, which is considered from the perspective of coherence of development goals of countries that form a globally integrated Euro-Atlantic community. Based on the main results of the study, the authors make several important conclusions and recommendations, including the following. Taxonomy of categories "internationalization", "economic integration", "inclusiveness", "globalization". Based on the analysis of the characteristic features of unions (international economic and full integration), it is proved that the latter require research, analysis and, as a result, the introduction of a common monetary, fiscal, credit policy, etc. One of the essential characteristics of the ability of any country to "fit" into the international system is the compliance of the development goals of such a country with the economic behavior of its government with international standards.

How to Cite

Mantsurov, I., Barvinok, A., & Dovhoteles, V. (2022). INTEGRATION OF THE UKRAINIAN ECONOMY INTO THE EURO-ATLANTIC COMMUNITY IN THE CONTEXT OF INTERNATIONALIZATION AND GLOBALIZATION PROCESSES: CONCEPT AND ASSESSMENT. Baltic Journal of Economic Studies, 8(5), 108-116. https://doi.org/10.30525/2256-0742/2022-8-5-108-116
Article views: 236 | PDF Downloads: 156

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Keywords

internationalization, economic integration, a single and integrated world, globalization, inclusiveness

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