ORGANIZATIONAL AND LEGAL PRINCIPLES OF INTERNATIONAL COOPERATIONAL OF UKRAINE IN THE CONDITIONS OF THE DEVELOPMENT OF THE GLOBAL ECONOMY

  • Galaziuk Natalia Lutsk National Technical University
  • Zelinska Olga Lutsk National Technical University
Keywords: international cooperation, strategic partnership, diplomatic agency, sovereignty

Abstract

Taking into account modern trends, the article comprehensively characterizes the existing organizational and legal approaches to the organization and implementation of international cooperation between states on the basis of peaceful coexistence. It was determined that the global world is undergoing a transformation of the configuration of the role of the world's leading states, which gives rise to new approaches to conducting foreign policy, among which the policy of development and cooperation is dominant. It is substantiated that the essence of international cooperation is the need for countries to cooperate with each other. It is not only about the development of the most vulnerable spheres of activity, but also about the improvement of the most stable spheres of life.

The formation of international cooperation is determined by the subjective need of states to cooperate in order to increase the efficiency of their activities in the international arena and overcome the modern problems facing them.

The scale and consequences of the war endanger the results of socio-economic development of Ukraine, destabilize production, disrupt trade channels (including exports), reduce investments and lead to an outflow of intelligence. As a result, GDP, state budget revenues and the number of taxpayers decrease, unemployment and the price index increase. The combined effect of these factors leads to a socio-economic crisis.

In modern conditions, international cooperation is a resource base for the restoration of infrastructure, institutions and the economy in order to overcome the consequences of war. Also, in order to increase competitiveness and increase foreign exchange earnings, Ukraine needs to move from extensive to intensive type of economic growth. This involves the establishment of close international economic cooperation with other countries of the world, starting from international trade and ending with exchange. Without properly established and productive international economic cooperation, including investment attraction, Ukraine will not be able to take an appropriate place in world markets and effectively use its export potential to ensure stable economic growth.

Author Biographies

Galaziuk Natalia, Lutsk National Technical University

Ph. D. in Economics, Associate Professor

https://orcid.org/0000-0001-7918-4268

е-mail: n.galazyk@lntu.edu.ua

Zelinska Olga, Lutsk National Technical University

Ph. D. in Economics, Associate Professor

https://orcid.org/0000-0001-9103-6460

е-mail: o.zielinska@lntu.edu.ua

Published
2025-03-25