Features of foreign economic activity in the modern global environment

Abstract

Listen

Translate article

Formulation of the problem. Intensification of foreign economic activity is a very important condition for the economic development of each country in the modern global environment. Currently, Ukraine’s foreign economic activity has negative dynamics associated with full-scale Russian aggression. The most important task is to find ways to eliminate emerging political and economic problems; therefore, studying the peculiarities of Ukraine’s foreign economic activity in the modern global environment is quite a relevant scientific and practical task. Analysis of recent research and publications. Today, there are a sufficient number of studies on the development of Ukraine’s foreign economic activity in modern conditions that characterize the global environment. However, the challenges faced by the state in connection with the war started by Russia make it necessary to reconsider approaches to the study of foreign economic activity. Setting the task, the purpose of the study. Identifying the peculiarities of Ukraine’s foreign economic activity in the modern global environment under the conditions of the Russian invasion. Method or methodology of research. General scientific (analysis and synthesis, system analysis, comparison) and specific research methods (sociological, morphological, graphic). Presentation of the main material (results of work). The article emphasizes the importance of foreign economic activity for the development of the country in the modern global environment. Current conditions regarding the implementation of foreign economic activity of Ukraine as one of the world’s leading exporters of agricultural products are studied. The main trends of Ukraine’s foreign trade against the background of a full-scale war with Russia are analyzed. The main areas of regulation of foreign economic activity in Ukraine in the conditions of war are determined. Field of application of results. Scientific studies of globalization and foreign economic activity, the educational process (in the preparation of the relevant sections of textbooks and tutorials for courses "International Economy", "Foreign Economic Activity"). Conclusions according to the article. Ukraine is one of the world’s leading exporters of agricultural products and the food security of many countries of the world depends on Ukrainian exports. The results of military operations on the territory of Ukraine greatly affected its foreign economic activity, and this is most evident in the deterioration of foreign trade indicators. The structure of exports is dominated by products with low added value, and the difficulty of exporting them through seaports during the war caused a drop in export earnings. However, in connection with simplifying the access to the EU market, new prospects for the intensification of foreign economic activity are opening up for domestic enterprises.