Geo-Economic Strategy of the European Union: Experience for Ukraine

Nataliya Kostenko

doi:10.7250/eb.2014.008

Geo-Economic Strategy of the European Union: Experience for Ukraine

Authors

Nataliya Kostenko Donetsk National Technical University

DOI:

https://doi.org/10.7250/eb.2014.008

Keywords:

geo-economics, strategy, regional trade agreement, trade policy, matrix, index

Abstract

The cooperation among the states requires that countries adapt their strategies to new terms of interaction when concluding regional trade agreements. Integration priorities are aimed at improving nations’ welfare and national competitiveness. The purpose of the article is to identify the areas of economic adaptation based on the world ranking and matrix of geo-economic strategies development. The matrix being proposed helps countries to identify development strategies in bilateral cooperation and to find the ways to improve trade infrastructure. Descriptive statistics method and index method are used in the article.

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