Instruments for the development of the country's export potential
Keywords:country's, development, economic system, export potential, instruments
In the context of accelerating globalization and integration trends in the world economic system, countries must make efforts to form their advantageous positions in the international division of labour. This can be realized by optimizing the sphere of foreign economic activity of the state. The purpose of the article is to substantiate the areas of improvement of strategic tools to develop the country's export potential. The authors analyzed the theoretical and methodological basis, namely the essence of the country's export potential, its structural elements of the export potential. The authors analyzed the structure of exports of Kyrgyzstan and Ukraine in 2020, highlighted their common features, shortcomings and explained why the specialization of exports is not optimal. The authors found that a systematic approach to developing a country's development strategy requires a specific sequence in the implementation of this process and proposed an algorithm for implementing the concept of developing the country's export potential, and also proposed calculating a comprehensive indicator of export potential, a more detailed description of which will be presented in further studies.
Amirbekova, A. (2018). Theoretical aspects of export potential, its essence and development. ???????? ????????, (4 (16)).
Arrow, K., Bolin, B., Costanza, R., Dasgupta, P., Folke, C., Holling, C. S., ... & Pimentel, D. (1995). Economic growth, carrying capacity, and the environment. Ecological economics, 15(2), 91-95. https://doi.org/10.1016/0921-8009(95)00059-3
Bashynska, I. (2020). Management of smartization of business processes of an industrial enterprise to ensure its economic security. Schweinfurt: Time Realities Scientific Group UG (haftungsbeschränkt).
Bashynska, I., & Dyskina, A. (2018). The overview-analytical document of the international experience of building smart city. Business: Theory and Practice, 19, 228-241.
Bilovodska, O., Kholostenko, A., Mandrychenko, Z., & Volokitenko, O. (2021). Innovation management of enterprises: legal provision and analytical tools for evaluating business strategies. Journal of Optimization in Industrial Engineering (JOIE).
Brockhoff, K. K. (1992). Instruments for patent data analyses in business firms. Technovation, 12(1), 41-59. https://doi.org/10.1016/0166-4972(92)90031-C
Che, N. X., & Bakker, B. B. (2020). Intelligent Export Diversification: An Export Recommendation System with Machine Learning. IMF Working Papers, 2020(175).
Chychkalo-Kondratska, I., & Radchenko, L. (2013). The Analysis Of The Export Potential Management Models Of The World's Countries. Economic Annals-XXI.
Cook, D. A., & Beckman, T. J. (2006). Current concepts in validity and reliability for psychometric instruments: theory and application. The American journal of medicine, 119(2), 166-e7. https://doi.org/10.1016/j.amjmed.2005.10.036
Deeds, D. L., & Hill, C. W. (1996). Strategic alliances and the rate of new product development: An empirical study of entrepreneurial biotechnology firms. Journal of business venturing, 11(1), 41-55. https://doi.org/10.1016/0883-9026(95)00087-9
Dung, N. T., Tri, N. M., & Minh, L. N. (2021). Digital transformation meets national development requirements. Linguistics and Culture Review, 5(S2), 892-905. https://doi.org/10.21744/lingcure.v5nS2.1536
Durcova, J., & Bartokova, L. (2019). Structural Links of Slovak Exporting Sectors. POLITICKA EKONOMIE, 67(6), 631-654.
Eddy, I. W. T. (2017). The impact of green revolution movement towards socio-economic life in the countryside. International Journal of Linguistics, Literature and Culture, 3(5), 91-100. Retrieved from https://sloap.org/journals/index.php/ijllc/article/view/227
Eshankulovna, R. A. (2021). Modern technologies and mobile apps in developing speaking skill. Linguistics and Culture Review, 5(S2), 1216-1225. https://doi.org/10.21744/lingcure.v5nS2.1809
Frias-Aceituno, J. V., Rodríguez-Ariza, L., & García-Sánchez, I. M. (2013). Is integrated reporting determined by a country's legal system? An exploratory study. Journal of cleaner production, 44, 45-55. https://doi.org/10.1016/j.jclepro.2012.12.006
Gorin, E. A., & Zolotarev, A. A. (2020). Export Potential of the National Economy: Opportunities and Limitations. Economics of Contemporary Russia.
Granger, C. W. (1988). Some recent development in a concept of causality. Journal of econometrics, 39(1-2), 199-211. https://doi.org/10.1016/0304-4076(88)90045-0
Hausmann, R., & Klinger, B. (2006). Structural transformation and patterns of comparative advantage in the product space.
Hausmann, R., & Klinger, B. (2007). The structure of the product space and the evolution of comparative advantage. CID Working Paper Series.
Ibrayeva, A. (2018). Importance of the Caspian countries for the European Union energy security.
Iqbal, T., Saaiq, M., & Ali, Z. (2013). Epidemiology and outcome of burns: early experience at the country's first national burns centre. Burns, 39(2), 358-362. https://doi.org/10.1016/j.burns.2012.07.011
Kim, C. S., & Je, H. J. (2016). The effect of export portfolio on export earnings and risks. Journal of Korea Trade.
Komendantova, N., Atakanov, N., Chekirbaev, U., Karabashov, N., Zheenaliev, Z., Rovenskaya, E., ... & Rodriguez, F. S. (2018). Industrial Development of Kyrgyzstan: Required Infrastructure and Priority Industrial Sectors.
Lee, E., & Mah, J. S. (2020). Industrial Policy, Industrialization and Economic Development of Kyrgyzstan. Asian Social Science, 16(9).
Li, X., & Chen, X. (2019). Sino-US trade balance from national income perspective and global income chains. Journal of Chinese Economic and Business Studies, 17(4), 389-402.
Marpaung, T., & Hambandima, E. S. N. (2018). Collaborative experiential learning: Five senses exploration to higher descriptive writing quality. International Journal of Linguistics, Literature and Culture, 4(5), 55-67. https://doi.org/10.21744/ijllc.v4n5.292
Matyushenko, I., Hlibko, S., Prokopenko, O., Ryeznikov, V., & Khanova, O. (2021). Assessment of Innovation Cooperation of Ukraine and Scandinavian Countries in Terms of the New Industrial Revolution. Estudios de economía aplicada, 39(6), 47.
Morgan, R. E., & Katsikeas, C. S. (1997). Obstacles to export initiation and expansion. Omega, 25(6), 677-690. https://doi.org/10.1016/S0305-0483(97)00035-2
Mura, L., & Gašparíková, V. (2010). Penetration of small and medium sized food companies on foreign markets. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 58(3), 157-163.
Muzyka-Stefanchuk, O. A., & Kovalko, N. M. (2016). Ukrainian-European Experience Of Payment Relationship: Current Realia And Development Prospects. Aktual'ni Problemy Ekonomiky= Actual Problems in Economics, (186), 322.
Onyshchenko, V., Sivitska, S., & Cherviak, A. (2018). Construction industry in Ukraine credit analysis. International Journal of Engineering and Technology (UAE), 7(3), 280-284.
Pamornmast, C., Jermsittiparsert, K., & Sriyakul, T. (2013). Exchange Rate and Country's Export Competitiveness: An Empirical Discourse Analysis. Asian Social Science, 9(13), 147.
Porter, M. E. (2008). On competition. Harvard Business Press.
Prokopenko, O., & Omelyanenko, V. (2020). Intellectualization of the phased assessment and use of the potential for internationalizing the activity of clusters of cultural and creative industries of the Baltic Sea Regions. TEM Journal, 9(3), 1068.
Prokopenko, O., Shcherbachenko, V., Muzychenko, G., Xin, D., & Ossik, Y. (2021). International Economic Convergence Applied to China. Studies of Applied Economics, 39(3).
Ristanovi?, V., Miljkovi?, D., & Barjaktarevi?, S. (2019). Export potential of Serbia in the EU. Megatrend revija, 16(1), 1-23.
Ryvak, N. (2020). Ways To Increase The Export Potential Of Ukraine.
Samsin, I., Kovalko, N., Kovalenko, A., Zabzaliuk, D., & Kurando, K. V. (2021). Legal Aspects of Identity Transactions Involving Entities with Foreign Elements: ICT Technologies and Issues of the Tax Burden.
Shakoor, N., & Rehan, M. (2019). Deterring Export Potential of Pakistan.
Shtal, T. V., Uvarova, A., & Ostapenko, I. I. (2018). Evaluation of the influence of external environmental factors on logistics activities: Case study of Ukrainian retail trade enterprises. Journal of Environmental Management & Tourism, 9(7 (31)), 1593-1605.
Smith, A. (1863). An Inquiry into the nature and causes of the Wealth of Nations... New edition, revised, corrected and improved.
Sopilko, I. N. (2013). Formation of cybersafety policy (Ukranian Experience). World Applied Sciences Journal, 27(13 A), 371-374.
Strelkovskii, N., Komendantova, N., Sizov, S., & Rovenskaya, E. (2020). Building plausible futures: Scenario-based strategic planning of industrial development of Kyrgyzstan. Futures, 124, 102646.
Suh, S. (2004). Functions, commodities and environmental impacts in an ecological–economic model. Ecological Economics, 48(4), 451-467. https://doi.org/10.1016/j.ecolecon.2003.10.013
Tetty, M. (2020). Theory of origin of languages. Macrolinguistics and Microlinguistics, 1(1), 13–22. Retrieved from https://mami.nyc/index.php/journal/article/view/2
Vallejo, M., Briz, O., Serrano, M. A., Monte, M. J., & Marin, J. J. (2006). Potential role of trans-inhibition of the bile salt export pump by progesterone metabolites in the etiopathogenesis of intrahepatic cholestasis of pregnancy. Journal of hepatology, 44(6), 1150-1157. https://doi.org/10.1016/j.jhep.2005.09.017
Widana, I.K., Dewi, G.A.O.C., Suryasa, W. (2020). Ergonomics approach to improve student concentration on learning process of professional ethics. Journal of Advanced Research in Dynamical and Control Systems, 12(7), 429-445.
Xashimov, B. A. (2018). Foreign experience of development of the regional export potential. Theoretical & Applied Science, (11), 216-222.
How to Cite
Copyright (c) 2021 Linguistics and Culture Review
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.