Trade Policy

Indicators for the Eaeu Integration Process: International Perspective

Wed, 04 Aug 2021 00:00:00 +0300

This article is prepared by the international team of experts. The authors assess impact of the 2020 crisis on economic development of the EAEU member states and conclude that cooperation of countries within the bloc is a unique case of combining various aspects of globalization, regionalisation, and preservation of national economic identity. Also, experts emphasize the level of internal interaction between the member states and apply a new system of indicators of regional trade and economic cooperation which allows them to conduct a comprehensive analysis of integration processes taking mutual trade growth into account.

Regulation of International Trade in the Digital Economy: a New Regulatory Paradigm

Evgenii N. Smirnov, Ekaterina A. Karelina — Wed, 04 Aug 2021 00:00:00 +0300

Данное исследование систематизирует основные тенденции развития и проблемы регулирования международного обмена в контексте цифровизации и продолжающегося изменения структуры трансграничной цифровой торговли. В статье обосновывается необходимость совершенствования режимов международной торговли в отношении, в частности, трансграничного обмена данными. В работе также выявлены неоспоримые преимущества цифровизации для развития международной торговли. Однако необходима дальнейшая работа на многостороннем уровне для согласования национальных стандартов трансграничного обмена данными, режимов экспорта цифровых товаров и услуг, а также конфиденциальности и безопасности данных.

US Trade Policy: “Big Deal” and NAFTA Renegotiation within D. Trump’s “America First” Strategy

Ilya E. Ilyin — Wed, 04 Aug 2021 00:00:00 +0300

Данная работа посвящена некоторым аспектам текущей торговой политики США в рамках стратегии America First. Благодаря эмиссии доллара США всегда были мировым гегемоном в международной торговле, но в сегодняшних условиях тесной конкуренции с Китаем стране необходимо найти новый подход к сохранению своего лидерства на мировой арене. Президент Трамп предложил новые варианты рычагов влияния, которые помогут Соединенным Штатам сохранить лидерство, включая многие протекционистские меры, такие как рефляция бюджета и дерегулирование финансового и реального секторов. Однако “трампономика” — это курс на перезагрузку ставшей привычной для США модели глобализации. И такая перезагрузка вызывает вопросы о будущем региональных объединений, таких как НАФТА (ЮСМКА).

Sustainability in Trade: Exploring China’s Best Practices

Daria A. Bukanova-Berend — Wed, 04 Aug 2021 00:00:00 +0300

The article is devoted to a pressing issue of making international trade sustainable. Theoretical approaches to sustainability and trade are examined. The paper explains linkages between these two terms from the economic point of view. Modern techniques of measuring sustainability are studied as well. The article reveals the best practices China developed at state and corporate levels while striving for sustainability in trade.

Levelling Foreign Subsidies in the EU: a New Wave of Protectionism?

Mikhail V. Glazatov, Doston B. Karimov — Wed, 04 Aug 2021 00:00:00 +0300

Great openness to foreign investment has come with opportunities for the EU economy, but also with increased challenges such as perceived level playing field issues due to foreign subsidization. Anti-subsidy legislation helps to preserve the level playing field in the internal market, but subsidies granted by non-EU authorities to undertakings established in the Union which are difficult to tackle under existing laws are a growing concern in the EU political debate. Against this background, the European Commission published a White paper “On levelling the playing field as regards foreign subsidies” (White Paper) in June 2020 in which it considered how the EU can address this challenge [1]. The article analyses the efficiency of mechanisms presented in this White Paper.

Governing Regional Integration on the Eurasian Space: Evolution and Prospects

Marina K. Glazatova — Wed, 04 Aug 2021 00:00:00 +0300

The scope of the paper is limited to institutionalization of the integration process in modern history, the process of uniting the national economies of the former USSR into a common market, and the evolution of the CIS. The author pays attention to structural transformation of the economies of those states, formation of national monetary and financial systems, planning for creation of a transport union, establishment of the single customs regime, etc. Based on patterns regarding these areas of mutual economic interest, the author’s conclusion has been made on prospects of the EAEU evolution.