MECHANISMS OF EXPORTS STATE SUPPORT IN INCREASING THE STRENGTH OF THE ECONOMY

Authors

  • K. A. Flissak Associate professor of chair of international finance and global economy, Ternopil national economic university

DOI:

https://doi.org/10.17721/apmv.2014.118.2.

Abstract

Abstract. An integral segment of the socio-economical development of the country in a globalizing
world is foreign-economic activity; however in Ukraine out of sight are remain questions
of effective state support of exports.
The article describes the experience of developed economies in promoting its economic interests
on foreign markets by the use of instrumentation of exports state support.
International practice proves that in economically developed countries the efficiency remains
a priority for all areas of foreign economic activities. There is a close connection between the
GDP and the volume of export. Export directly impacts on the stability of the national economy
and objectively makes to constantly keep in field of view on the state level the question of efficiency
of foreign economic activity. Analysis of the practice shows that economically developed
countries use different mechanisms of exports state support. The higher is the level of economic
development of the country, the more powerful is the system of export support. This is confirmed
by some sides of the practice of national export support in the leading countries of the world,
particularly in the USA, Japan, Germany, that are analyzed in the article.
Author proposed methodological construction of the system of export state support in
Ukraine, which have to include: information and analytical basis of all components of exports
and the analysis of factors that have impact on the export volumes; definition of methods of exports
promotion and state support; development of measures of trade and political nature and
activities for stimulate and support exports (measures to encourage production for export and
measures of direct support of export activities); determination of the instruments of exports state
support and export expansion; institutional and organizational ensuring of promotion and support
of domestic exports.
Key words: gross domestic product, foreign economic activities, efficiency, export, government
promotion, export credits, state insurance.

Author Biography

  • K. A. Flissak, Associate professor of chair of international finance and global economy, Ternopil national economic university
    PhD

Published

2014-02-25