THE EFFECTIVENESS OF NATIONAL EXPORTS OF ARMAMENTS AND MILITARY EQUIPMENT AND ITS IMPACT ON THE COUNTRY'S GDP AS AN ELEMENT OF ECONOMIC RIVALRY OF COUNTRIES
Abstract
Honak I.M. THE EFFECTIVENESS OF NATIONAL EXPORTS OF ARMAMENTS AND MILITARY EQUIPMENT AND ITS IMPACT ON THE COUNTRY'S GDP AS AN ELEMENT OF ECONOMIC RIVALRY OF COUNTRIES
Purpose. The aim of the article is to study the peculiarities of the mutual influence of national security and national exports of armaments and military equipment and the national economy of the countries in the conditions of intensifying economic competition in the global economy.
Methodology of research. During the research, various modern scientific methods of research are used. The research used methods for summarizing information and literature sources to study the mutual influence of national security and national exports of armaments and military equipment and national economies of countries. The linear econometric model was used to analyze the mutual influence of GDP and exports of armaments and military equipment.
Findings. It is established that the development of the military and industrial complex by Ukraine and the growth of its military potential and the export of armaments and military equipment make Ukraine attractive to European countries regarding the possibility of integrating our country into the North Atlantic Alliance, and the confirmation of this is conducting permanent joint exercises of Ukraine and NATO countries and studying the experience of Ukraine regarding resistance (in particular, the capabilities of the “hybrid resistance”) in the context of “hybrid wars” in various regions around and in the territory of Europe and North America.
Interest in Ukraine from NATO countries can contribute to rapid accession to the Alliance as a result of joining the European Union and the intensive development of the Ukrainian economy – in the intensive development of relations between Ukraine and the European Union and NATO and enhance investment (particularly in the development of the military industrial complex and Export IWT) Ukrainian economy had the potential GDP growth 2,689-6,947 times (in 2017 – to 319 – 826.7 billion US dollars). This will synergistic positive effect on national security and defense and national economies and international trade, NATO and Ukraine and make these countries economically richer and more powerful military.
Originality. The article deals with the possibilities of interdependence of national security, national armed exports and economic potential of countries. The volume of gross domestic product and export of armaments and military equipment in some countries are considered. The econometric connection of indicators of the national economy and national exports of armaments and military equipment is analyzed.
Practical value. The practical significance of the results obtained is the possibility of studying the mutual influence of the arms exports and military equipment of the country on its economic growth.
Key words: economic competition; national security; gross domestic product; arms export and military equipment.
Keywords
Full Text:
References
Mochernyi, S.V. (2000), Ekonomichna entsyklopediia [The economic encyclopedia], Vydavnychyi tsentr “Akademiia”, Kyiv, Ukraine, vol. 1, 864 p.
Shemchushenko, Yu.S. (1998), Yurydychna entsyklopediia [Legal encyclopedia], “Ukrainska entsyklopediia”, Kyiv, Ukraine, vol. 1, 672 p.
Melnyk, M.I. and Khavroniuk, M.I. (2002), Naukovo-praktychnyi komentar Kryminalnoho kodeksu Ukrainy [Scientific and practical commentary of the Criminal Code of Ukraine], Kannon, A.S.K., Kyiv, Ukraine, 1104 p.
“Oshchadbank says it has won arbitration in Russia for $ 1.3 billion for Crimea”, available at: https://www.bbc.com/ukrainian/features-46348658 (access date November 26, 2018).
Shalaiskyi, O. “12 friends of “Boyka’s towers”, available at: https://dt.ua/internal/12-druziv-vishki-boyka-269593_.html (access date October 17, 2018).
Nizhnova, S. “During the occupation of the Crimea, illegally extracted over 3.5 billion cubic meters. m gas from the Odessa gas field”, available at: https://censor.net.ua/ua/news/3051842/ za_chas_okupatsiyi_krymu_rf_nezakonno_vydobula_ponad_35_mlrd_kub_m_gazu_z_odeskogo_gazovogo_rodovyscha (access date November 10, 2018).
Portnikov, V. “Russia's Assault on Ukraine's Ship led to the Cold War by Trump and Putin”, available at: https://www.radiosvoboda.org/a/29631147.html (access date December 02, 2018).
United Nations Convention on the Law of the Sea, available at: https://zakon.rada.gov.ua/laws/show/995_057 (access date November 25, 2018).
The Verkhovna Rada of Ukraine (1999), The Law of Ukraine “On Ratification of the 1982 United Nations Convention on the Law of the Sea and the Agreement on the Implementation of Part XI of the 1982 United Nations Convention on the Law of the Sea” from 03.06.1999, available at: https://zakon.rada.gov.ua/laws/show/728-14 (access date December 10, 2018).
What losses are the Ukrainian ports due to blocking the RF Sea of Azov, available at: https://24tv.ua/rosiya_blokuye_azovske_more_omelyan_ozvuchiv_sumni_naslidki_dlya_ukrayini_n1075729 (access date December 02, 2018).
Pamp, O., Dendorfer, F., and Thurner, P.W. (2018), “Arm your friends and save on defense? The impact of arms exports on military expenditures”, Public Choice, 22 August 2018. Volume 177. Issue 1–2, pp. 165–187, available at: https://link.springer.com/article/10.1007%2Fs11127-018-0598-1 (access date August 26, 2018).
“The main exporters and importers of major weapons, 2013–17: military spending and armaments”, SIPRI YEARBOOK 2018: Armaments, Disarmament and International Security, Summary, 2018, available at: https://www.sipri.org/sites/default/files/2018-06/yb_18_summary_en_0.pdf (access date September 12, 2018).
“Report for Selected Countries and Subjects. International Monetary Fundhttps”, available at: www.imf.org/external/pubs/ft/weo/2018/01/weodata/weorept.aspx (access date November 25, 2018).
Zablotskyi, V. (2018), “As the global arms market grows”, available at: https://tyzhden.ua/ Society/212034 (access date August 22, 2018).
“Russia is the first importer of Ukrainian weapons”, available at: https://ua.korrespondent.net/ business/economics/3955787-rf-pershyi-importer-zbroi-ukrainy-dopovid-SIPRI (access date August 20, 2018).
Refbacks
- There are currently no refbacks.
INNOVATIVE ECONOMY 2006 - 2024