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Free Trade Zone And Their Role In Economic Development (Comparative Analysis Of The Ukrainian And Jordanian Experience)

100%
Shalamai O.
MIND Journal
|
2019
|
issue 8
1-14
EN
This article is devoted to a comparative analysis of the functioning of special economic zones in Aqaba, Hashemite Kingdom of Jordan, and Ukraine. The work gives the concept and classification of the Free trade zones (FTZ), reflects the goals of creating zones and their purpose. The main goal of the work is to study the features of FTZs in Jordan and Ukraine and determine what experience Ukraine can gain from Jordan to optimize the work of the Ukrainian FTZs. During the research we grounded that Ukraine has essential resource opportunities, such as: natural resources, working capital, and geographical location compared to Jordan, which despite of all the obstacles could implement ASEZ and gradually improve its economy. Jordanian experience proves that the desire of a strong Leader and his loyal team, despite of the concentration of hot points all around the borders, unstable political relationship with its neighbors, high refugees inflow definitely led to the deterioration of economic situation in the country. A large stock of foreign debt, insufficient supplies of water, oil, and other natural resources, high level of unemployment – succeeded in its effective implementation of ASEZ and overcame all the severities. Thus, hopefully this research might inspire the Ukrainian leaders to promote the development of Ukrainian FTZs in order to prosper our economy and improve the standard of living.
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Strefa wolnego handlu Unia Europejska i Ukraina - skutki handlowe dla Polski

100%
Ambroziak Ł., Kaliszuk E.
Gospodarka Narodowa. The Polish Journal of Economics
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2009
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vol. 236
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issue 11-12
141-163
EN
In March 2007, the European Union and Ukraine opened negotiations on an association agreement to replace the existing agreement on partnership and cooperation. The main part of the new agreement will be a deal on the establishment of a free trade zone between the EU and Ukraine. The paper aims to examine the commercial implications of such a zone for Poland, especially as Ukraine is one of the largest export markets for Polish goods and Poland is the second largest commercial partner for Ukraine in the EU27 in terms of trade volume. The authors estimate the results of reducing import duties in terms of trade creation and diversion effects. They also examine the potential implications of lifting export duties by Ukraine and of using trade protection policies by both sides. Even though the estimated commercial effects are moderate, the authors say, they conclude that a free trade zone between the EU and Ukraine would benefit Poland’s trade. The zone would enhance Polish-Ukrainian relations without harming bilateral commerce, according to Ambroziak and Kaliszuk.
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