Trade Relations Research Articles

Hellenistic and Roman Stamped Amphora Handles from Phaselis

Phaselis is a harbour city located at the point where the Lykia, Pamphylia and Pisidia regions intersect. During the surveys and excavations carried out between 2019 and 2023, a total of 18 stamped amphora handles were found at different points of the city - the Hellenistic Temple, Main Street and Necropolis. The aim of the research presented in this paper is to classify the stamped amphora handles according to their production centres, date the stamped handles, determine whether the names on the stamps refer to eponyms or fabricants, and improve understanding Phaselis’ maritime trade relationships. As a result, in this study, the amphora stamps found in the city were classified according to their production centre: Rhodes (13), Rhodian Peraea (1), Knidos (1), Pamphylia (2), and Latin DR 2-4. While the earliest example of stamped handles can be dated back to the second quarter of the 3rd century BC, the latest example is dated to the end of the 1st century BC - 1st century AD.

The nutritional turn towards crisis: a critical perspective

ABSTRACT With concerns about food systems growing due to environmental change and the abrupt disruption of trade relations following the dual crises of the pandemic and the war in Ukraine, it has become increasingly common for global development agendas to include discussions, programmes, initiatives, and policy proscriptions about the risks of malnutrition. Yet, there remains limited insight into how securitising nutrition in particular influences the politics of food insecurity more broadly. Therefore, we aim to develop a critical perspective of ‘nutritional crisis’. In doing so, we draw from critical security studies to advance an interpretation of the nutritional turn that takes into account three key dynamics: (1) the performativity of nutritional crisis discourses (2) the political-economic context in which they are embedded (3) alternative notions of nutrition, security, and crisis among resistance movements. We apply this perspective to a case in point concerning food insecurity in Guatemala – a country that remains the intense focus of nutritional policies at the global level and simultaneously a site of struggle and resistance for local and transnational food justice.

Цифровая валюта, цифровые права и цифровой рубль: перспективы использования в российской юрисдикции

The work examines the emergence and development in Russian legal reality of such objects of civil rights as digital currency, digital rights and digital ruble. A common feature for all these categories is their digital form, as well as their existence and circulation in a certain information system that satisfies the criteria established by law. The differences between these objects lie in the degree of their legalization, the presence of restrictions as regards to their turnover, as well as in those areas in which they can be used by participants of civil legal relations. Thus, despite certain legislative prohibitions, digital currency is allowed for circulation in the Russian Federation, as well as in foreign trade relations. Digital rights are used in those areas and by those parties that are determined by the legislator. The digital ruble is intended to partially replace cash payments and become a new form of ruble, even more in demand today than the previous ones. Having analyzed the above, we can come to the conclusion that these objects of civil rights expand the opportunities of participants of civil law relations to exercise their rights and obligations in the digital environment, as well as the areas in which digitalization penetrates. It also seems that there is not sufficient scientific justification for mixing these categories, recognizing digital currency as a type of digital law, etc.

Digital Economy: Legal and Economic Status on the Example of the EAEU

The article discusses the legal and economic aspects of the development of the digital economy, highlighting the main elements of the digital economy, which become fundamental in the presence of digital platforms and the digital environment. The active implementation of information and communication technologies creates the basis for digital platforms for the introduction of new technologies and information relations based on the use of artificial intelligence, global industrial Internet networks of things and services, and big data technology. The development of services for the provision of online services, the development of online stores in new forms, the improvement of information sites, online communities and other forms of digital transformation of the economy, make it possible to extract more and more financial income by processing and providing more information through the digitalization of goods and services produced. The experience of introducing the digital agenda in the EAEU, including in trade relations, was studied, directions for digital transformation in the formation and development of the digital economy of the EAEU, aimed at creating a common information environment, including in the Internet space, were noted and proposed.

Hegemony, Europeanization, and Migration Diplomacy: Case of the EU-Turkey Statement and Action Plan

ABSTRACT This article analyzes the Turkey Statement and Action Plan concerning the concept of hegemony, Europeanization, and migration diplomacy. In contrast to the mainstream literature, which exclusively concentrates on the idea of the Europeanization process and balance politics in its analysis of the deal, this study explains the deal with the perspective of hegemony and hegemonic stability theory, along with mentioning discourses of Turkey and EU officials. In other words, the Europeanization process with the migration crisis in 2016 led to—especially economic—hegemony, which resulted by consent, not coercion, in the relationship between Turkey and the EU. Based on the deal, externalization, trade relations and rhetoric of Turkey and the EU, the article concludes that the migration crisis established a based hegemony between Turkey and the EU on the subject of the migration crisis.

Search Complementarities, Aggregate Fluctuations, and Fiscal Policy

Abstract We document five novel facts about the role of search effort in forming trading relationships among firms by combining a variety of micro and macro datasets. These facts strongly suggest the presence of search complementarities. To study the implications of these facts for aggregate fluctuations, we build a dynamic general equilibrium model, disciplined by our new firm-level evidence on search effort. The model matches key aspects of the macro and micro data that have remained unaccounted for by standard models, including the time-varying bimodal distribution of output and the strong, nonlinear propagation of shocks. Also, changes to the volatility of shocks have nonlinear effects on macroeconomic fluctuations that advance a novel interpretation of the Great Moderation. Finally, we provide a new account of the state-dependent effects of fiscal policy.

THE MONGOL EMPIRE AND KOREA: FROM WAR TO VASSALAGE

The purpose of the article is an in-depth analysis of the complex relationship between the Mongolian Empire and the Korean state from the period of military conflicts to the establishment of vassalage. The research is aimed at identifying the key factors determining the course and historical significance of these relations. The novelty of the study lies in an in-depth analysis of the numerous Mongol campaigns against Korea and the resistance of Korea. The main direction of the research is to study the impact of these events on the historical dynamics of the region and the development of society as a whole. Special attention is paid to the analysis of diplomatic and trade relations between the nomads of the Far East and Korea, as well as China's role in the fate of Korea as a traditional overlord. Despite the difficult times, the article emphasizes that Korea was able to maintain its autonomy and become a key hub on the Great Silk Road, which contributed to the development of handicraft production and increased its authority. The article represents an important contribution to historical science, enriching our understanding of the complex relationships in the Northeast Asian region. The practical significance of the article lies in the possibility of applying its results to a deeper analysis of modern geopolitical processes. The research methodology includes an analytical approach to data interpretation and a comparative analysis of historical events. The authors analyze the impact of the collapse of the clan system and the crisis of the central government on the military system of the Korean state, paying attention to changes in the mobilization system, which turned out to be one of the reasons for the deterioration of the political and social situation in the country. As a result of the research, the key factors determining the course of relations between the Mongolian Empire and the Korean state have been identified. The analysis allows us to conclude that these events are important for shaping the historical trajectory of both peoples and the region as a whole.

Renewable energy adoption and CO2 emissions in G7 economies: In-depth analysis of economic prosperity and trade relations

This study investigates the relationships between economic, environmental, and trade factors within the G7 economies from 1990 to 2022, focusing on their impacts on carbon dioxide (CO2) emissions. Analyzing data from G7 economies such as Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. The study employs multiple regression (MLR) models to examine the influence of economic and environmental factors on CO2 emissions. Additionally, factor loading analysis and structural equation modeling (SEM) is utilized to validate construct reliability and visualize complex relationships. The findings highlight positive correlations between GDP growth and employment, alongside negative correlations with income inequality. In addition, environmental challenges are evident through negative correlations with industrial and energy-related CO2 emissions. The practical implications highlight the importance for policymakers to prioritize strategies promoting economic growth, addressing income inequality, and fostering sustainable trade relationships within the G7 economies to ensure inclusive and sustainable development. This study contributes to the literature by offering comprehensive insights into the intricate dynamics between economic, environmental, and trade factors and their impacts on CO2 emissions.

European Integration, Opportunities and Risks of Business and Agriculture in Albania

The Integration Process of Albania in the European Union started in 1993 and is considered a long road with many challenges. The signing of the Stabilization-Association Agreement in 2006 is the most important moment of this process, including the harmonization of legislation, to prepare the final EU membership process. This article analyses business opportunities and risks, mainly those of the agri-food sector on its way to the EU. In this framework, trade agreements with the EU and Free Trade Agreements (CEFTA) have influenced the liberalization of trade for agri-food products, intensifying and increasing the level of trade with Europe and the countries of the region. This article also deals with the identification of comparative advantages for the agri-industry sector, where facing the regulated European market, not only challenges are analyzed, but also serious limitations, increasing the need for a structural change in trade relations. In the focus of this paper, are the economic and regional strategies, as well as the progress of the business and agri-food processes, also addressing the trade flows of Albania with the countries of the region and the EU. The analysis of this paper consists of three main premises: 1) in the framework of European integration, costs and benefits in terms of economy and business are more visible in the medium and long term; 2) the integration in the medium term brings a higher economic growth for the countries that aspire to join the EU; and 3) the European integration makes the economy more efficient, bringing about an increase in the ratio of investments, in relation to income, through the reduction of risk with a tendency to increase capital and income per capita (European Commission Report, 2023). The analysis of empirical data shows that the results are not as convincing as expected, thus confirming other previous studies by experts in the field. The main conclusion of this paper is that the integration process has influenced reforms and economic policies in terms of formal and content, both in terms of costs and benefits. In substantive terms, the data analysis shows that the process of European integration has served as a strong impetus for the development of institutions in the country, inter-institutional coordination, the establishment of new institutions, the improvement of human resources, local markets, and the increase of absorptive capacities of funds from the EU. On the other hand, it is concluded that in specific areas of domestic business, such as agri-industry, the effects of EU integration are either not felt yet or are minimal.

The Impact of U.S. Carbon Tariff on Chinas Exports and Welfare Based on Empirical Analysis and Game Models

This paper will begin by formulating an optimal tariff model between China and the U.S., leading us to an equilibrium point. From this vantage point, we will deduce the consequences of U.S. tariffs on China's exports and the ramifications of U.S. carbon tariffs on China's societal welfare. Next, we will develop an economic model considering the existing China-U.S. tariffs and their trading relationship. This model will help determine the influence of U.S. tariffs on China's export volume and societal welfare. In addition, we will compute the impact of U.S. tariffs on China's societal welfare and export to the U.S., factoring in China's carbon emissions per 100 yuan of GDP, and finally, concern the industrial impact of such carbon tariffs. Third, using two distinct game models, we would probe into the viability and possibility of the U.S. levying a carbon tariff on Chinese exports. The evolutionary game models reflect real-world scenarios, which point out that the U.S. will eventually apply a carbon tariff on China. Next, the dynamic game model considers different parties, Chinas government and firms, and different factors, environmental costs, and green subsidies. The model provides the circumstances in which the U.S. will levy a carbon tariff, whether China should provide a green subsidy, and whether the company should implement green production technology. Finally, we would discuss potential strategies China might adopt to navigate the challenges of the U.S. carbon tariff and examine the broader implications of such a move.

China and the Andean Community: Opportunities and Risks out of the Decoupling Process

Even if China and the United States (US) are not heading toward a redux of classic military, Cold war logic, they are locked in an economic confrontation that has quickly turned into a dispute over prospective economic supremacy and heavily driven by technological advances. While the first area of intervention was international trade, progressively, the protectionist policies both nations began to implement were directed toward a broader plan to secure a leading edge in the future of technological development. Then, technological decoupling might be a more accurate term to describe the key courses of action to be followed in the forthcoming hegemonic struggle. In this setting, the question arises, what are the risks and opportunities for China in its relation with the Andean Community (CAN)? The departing argument is that the economic tensions between the world’s largest economies will cause growing competition. On the one hand, this will provide CAN an opportunity to improve their participation in the global economy, but on the other hand, risks for China for securing resources. The results show that Andean Community (CAN) trade relations with both the US and China follow a typical centre-periphery model. Still, it is noteworthy that China’s imports from CAN are almost entirely basic goods, while the US purchases significant amounts of goods that make part of the region’s productive diversification efforts since the 1990s. Regarding the opportunities for CAN, through a novel methodology, it was found that there are effectively some added-value manufactures that can substitute trade between China and the US. They represent a huge opportunity for the Andean nations to shift away from primary export dependency to manufactured goods. Regarding risks for China, on the one hand, the largest competition is expected in minerals such as molybdenum and tungsten; and agricultural products such as buckwheat and fish fats. On the other hand, the US has the lead in current LAC exports, given that it exceeds China’s current purchases

Risk analysis and resilience assessment of China's oil imports after the Ukraine Crisis：A network-based dynamics model

Global oil trade integration while creating a platform for risk spread. This study established a two-stage model for risk spread and recovery, simulating the cascading impact of oil supply shortage risks. On this basis, an assessment of the resilience of China's oil imports is conducted. The results indicate that, during the risk spread phase, countries causing a significant negative impact on China's oil imports may not necessarily be China's primary import sources. The proportion of indirect losses in Chinese oil imports due to Canadian oil supply shortages accounted for more than 70 % of the total losses. The United States, Singapore, Australia, the United Kingdom, and Brazil repeatedly act as intermediaries in risk spread. For the recovery phase, swiftly restoration of China's initial imports needs to establish new trade relationships with other non-traditional partners through competition. The top three countries in terms of accumulated new trade relationships are Korea (21), Turkmenistan (13), and Mexico (4). Regarding resilience, when the risk originates from Saudi Arabia, China demonstrates the weakest risk resistance, followed by Russia and Iran. The results not only serve as an early warning for China on regional oil supply risks but also provide policy directions for securing oil stable supply.

RUSSIAN TRADE COOPERATION: FORMING A STRATEGIC PARTNERSHIP IN THE CONTEXT OF SANCTIONS

Under the conditions of sanctions confrontation transformation of trade and economic relations in the world arena is inevitable. This article analyzes the process of Russian formation of strategic trade cooperation within the global economic system in the context of the evolution of the geography of international trade in 2022–2023. The methodology is based on comparative and statistical approaches. The study shows the growing importance of strategic partnership with China, India and Turkey against the background of the slowdown in trade relations between Russia and the European Union after February 2022. The author's opinion is that the concentration of major commodity flows in a rather narrow group of states has several negative consequences. As the analysis has shown, there is a need to rethink the strategy of Russia's international economic cooperation in the direction of diversification of its economic ties. The purpose of the study is to develop recommendations to support domestic non-resource nonenergy exports (NRE) as a source of sustainable development of trade relations in the direction of friendly countries in the new economic reality. The article identified the most important partner countries for Russian non-resource non-energy exports (China, Kazakhstan, Turkey, Belarus, Uzbekistan and Egypt), which at the same time have the highest indicator of unrealized export potential. Based on the results of the research, it was developed recommendations how to expand the geography of Russian non-resource non-energy exports in the direction of identified strategic partners in the conditions of the sanctions.

MECHANISMS FOR THE DEVELOPMENT OF FOREIGN TRADE ACTIVITIES IN THE URALS FEDERAL DISTRICT IN THE CONTEXT OF SANCTIONS RESTRICTIONS

The Ural Federal District (UrFO) is one of the most important economic administrativeterritorial units of the Russian Federation. The main branches of specialization of the Ural Federal District are oil and gas production, mining, metallurgy and mechanical engineering. In recent years, the region has faced significant difficulties due to economic sanctions imposed by Western countries. In this regard, the purpose of the study is to analyze the foreign trade activities of the Ural Federal District and develop mechanisms for its development. The tasks of the Ural Federal District include to determine the trade structure, main consumers and suppliers in order to identify the most affected sectors of foreign trade activities from the imposed sanctions; to develop mechanisms for the development of foreign trade activities of the Ural Federal District in relation to each of the regions that make up it. The study revealed that in 2021 the Ural Federal District's foreign trade relations were mainly with unfriendly countries, which currently restrict exports and imports of the Russian Federation. Taking into account the peculiarities of the region, the author proposed the following mechanisms for the development of foreign trade activities of the Ural Federal District: export diversification, orientation to hightech industries, development of transport and digital infrastructure, promotion of small and medium-sized export-oriented enterprises, state support.

Kazakh-European trade and economic relations

ABSTRACT This paper analyzes Kazakh-European trade and economic relations from 2012 to 2021, aiming to elucidate the dynamics, trends, and strategic implications of these bilateral interactions. The primary purpose of this research is to scrutinize the dynamics of Kazakhstan's trade and economic interactions with European countries, assessing the trends, challenges, and opportunities within this framework. Employing a methodology that combines analysis and synthesis, inductive and deductive reasoning, and statistical methods including ABC analysis in MS Excel, the study provides a comprehensive examination of Kazakhstan's trade volumes, exports, imports, and foreign direct investments with European countries. It was revealed that for the countries of Europe, the indicators of the volume of trade, exports, and imports, gross investments showed a greater drop than in the economy. Summarized information characterizing the institutional aspect of the formation of relations between Kazakhstan and European states highlights Kazakhstan's active participation in international organizations as a key driver in developing these relationships. The findings offer valuable insights for policymakers and business stakeholders, highlighting the need for strategic approaches in optimizing trade and investment relations between Kazakhstan and Europe.

Identifying East Java Trade Interest Through Paradiplomacy Initiatives - Analysis on Actors, Processes and Goals of Diplomacy

This research explores the paradiplomacy activities of the East Java Government's Department of Industry and Trade in improving international trade relations. Through initiatives such as business matching, trade fairs, and foreign trade missions, the government collaborates with trade attachés, ITPCs, and foreign trade representatives to promote Indonesian exports and attract foreign investment. By achieving strong trade performance, East Java has succeeded in attracting investment, increasing export value, and actively contributing to Indonesia's international trade. This study emphasizes the important role of local governments in advancing international trade for regional development and national interests. Through programs such as business matching, foreign trade missions, international exhibitions and market brief webinars. The East Java government uses paradiplomacy to strengthen international trade relations. This research underlines the role of subnational actors in increasing economic growth and Indonesia's foreign trade balance.

INTERNATIONAL TRADE: CHALLENGES OF MODERN GEOPOLITICAL CONFLICTS

This article is devoted to the study of the relationships between modern geopolitical conflicts and structural and dynamic changes in modern international trade. The author notes the ambiguous impact of conflicts on international exchange, as a result of which trade models undergo significant changes. Geopolitical conflicts, which have changed the conditions for further participation of countries in international trade, have become a serious challenge to the current openness of markets. It is the superposition of several successive shocks (the Chinese- American trade conflict, the pandemic and the risks of deglobalization) that make the scenarios for the development of international trade uncertain even in the foreseeable future, since the very impact of conflicts on trade has become wave and cumulative. Conflicts will ultimately not lead to a reduction in trade relations between countries, but will only reformat them and modify them, which will likely have a negative impact on trade costs that will be associated with the restructuring of global supply chains. International trade in the future will become more fragmented and regionalized, but in the medium term it will restore its pre-pandemic dynamics. Trade policy will gradually adapt to increasingly frequent geopolitical conflicts, gradually moving away from the main established principle of international trade – liberalization, but without abandoning it completely.

Research on China's Pure Electric Vehicle Market under the Background of RCEP

With the signing of the Regional Comprehensive Economic Partnership Agreement, trade relations between China and RCEP member countries have become increasingly close. In this context, international trade has ushered in greater opportunities. Recently, with the intensification of environmental problems, pure electric vehicles have become a hot spot in the emerging industry. The trade prospects of pure electric vehicles have aroused widespread concern. This paper takes pure electric vehicles as the research object, focusing on the current situation of China's pure electric vehicle market under the background of RCEP. The market attraction of RCEP countries to China's pure electric vehicle market is studied by using market attraction analysis method, and the optimal market for China's pure electric vehicle export is selected. This paper draws a conclusion that Japan is the potential market for China's pure electric vehicle export and puts forward countermeasures and suggestions for auto companies.

Анализ современных российско-китайских отношений в торгово-экономической сфере: особенности и перспективы развития

Currently, in the modern globalized world, a rather difficult situation is emerging. In geopolitical terms, it can be characterized by the development of the process of transitioning from a unipolar (American-centric) world to a multipolar one. More and more countries in the world are not just declaring the concept of state sovereignty but are also making attempts to actually implement it, both in their own development and within the whole world. The Russian Federation acted as the locomotive for the development of this global process. In geoeconomic terms, the response of Western countries was the introduction of unprecedentedly harsh sanctions against Russia and the announcement of various threats to other subjects of the world economy that do not adhere to the Western position from their point of view. First of all, we should talk about China, which openly declared the strengthening of its state sovereignty. In this regard, the vector of rotation in various areas of Russia’s international cooperation from West to East is fully justified. The article examines modern Russian-Chinese relations in the trade and economic spheres. The dynamics of the main macroeconomic indicators of the countries under consideration are presented. The main indicators and features of the foreign trade interaction between Russia and China are analyzed. Potential directions for the development of Russian-Chinese trade and economic relations are determined. A conclusion is drawn about the general features of the development of Russian-Chinese relations in the trade and economic sphere within the framework of the current modern global geopolitical situation.

Особенности цифровизации арктических регионов России

The article discusses the features of digitalization in the Arctic regions of Russia. The authors pose broad questions: why is it important to develop the Arctic now; what economic interests are behind this; what difficulties are associated with this process; and how can we assess the current level of digital transformation in the Russian part of the Arctic? Based on an analysis of data from the Federal State Statistics Service and forecast indicators for the socio-economic development of regions, the authors assess the current level of digitalization of the Arctic regions of the Russian Federation as uneven. The issue of digitalization requires increased attention in the Chukotka Autonomous Okrug and the Republic of Karelia. The authors concluded that the digitalization of the Arctic repeats the features of the digitalization of the country: the digitalization of business and industry lags the public sector and households. The main problems are associated with the large financial costs of laying fiber optic cables in remote, hard-to-reach areas with few residents. The authors believe that the most relevant tool for solving existing problems could be joint investments of public and private raw materials companies in laying a fiber-optic cable along the bottom of the Arctic Ocean for the digitalization of the Northern Sea Route (hereinafter referred to as the NSR), as well as across the territory of coastal Arctic subjects. The authors assess the digitalization of the NSR as vital for the development of this logistics route and as the main and most economically beneficial for the development of trade relations with China.