Prevention strategy of trade vulnerability: mechanisms, instruments, table integrated indicators

Authors

  • Sung-Kyu Lee
  • A.A. Amanbayeva
  • A.N. Ramashova

Keywords:

strategy, a single economic space, diversification, the Customs Union, the Eurasian Economic Union, foreign trade, domestic trade, planning, period, state, purpose, task.

Abstract

In this article, the authors reviewed the implementation of the strategy for the prevention of trade vulnerabilities. In a situation where the resources at hand are not sufficient to achieve the goal, as a means of action, the strategy becomes increasingly necessary. When implementing a strategy for avoiding a trade vulnerability, certain risks may arise. These risks include: volatility in world prices for exported energy resources and agricultural raw materials, a slowdown in the growth of the world economy, the risk of slowing business activity of small and medium-sized businesses in trading companies and their own businesses, an increase in interest rates on the domestic market and growth in lending to the economy and etc. Among the strategic documents there is an assertion that ensures the safety of the food safety of the Republic of Kazakhstan until 2030. The statement indicates the target indicators, which will reduce the level of market weakness. In this regard, it is necessary to ensure economic monitoring of Kazakhstan, in order to recognize risks and manage market risks, the main macroeconomic indicators of the world economy and the worldwide dynamics of raw material prices. It is also necessary to take measures to stabilize the economy in the event of unfavorable conditions, including sharp fluctuations in world prices for energy resources, characterized by a connection, a recession or a crisis in the national economy. Given the fact that the state trade policy is within the competence of the Ministry of National Economy, it is important to pay attention to the quality of the work of this state body

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Published

2018-12-30

Issue

Section

ACTUAL PROBLEMS OF MODERN MANAGEMENT AND MARKETING