Naumenko R.V. THE CONCEPT OF BALANCED DEVELOPMENT OF BILATERAL TRADE AND ECONOMIC RELATIONS OF THE COUNTRIES AS A PRINCIPLE OF MINIMIZING DEPENDENT DEVELOPMENT
DOI: https://doi.org/10.15688/ek.jvolsu.2025.1.16
Roman V. Naumenko
Candidate of Sciences (Economics), Chief Expert, Department of Monitoring of State Enterprises and Consolidated Reporting, Directorate for Information and Analytical Support for the Implementation of the State Program of the Russian Federation “Socio-Economic Development of the Republic of Crimea and the City of Sevastopol”, Ekaterininskaya St, 28/10, 295000 Simferopol, Russian Federation, This email address is being protected from spambots. You need JavaScript enabled to view it. , https://orcid.org/0000-0002-0875-4312
Abstract. The existence of the modern world system is complicated by the expansion of imbalances between the center and the periphery. The unfairness of the current world order is aggravated by the current imperfection of international institutions. The purpose of this study is to identify the key problems of economic dependence and to introduce into scientific circulation the concept of balanced development of bilateral trade and economic relations of the countries as a principle of a new economic formation. Among the problems of economic dependence, the insurmountable technological backwardness, overexploitation and low wages, social stratification, excess and monopolization, inefficiency of international organizations and international assistance, capital deficit and unbalanced growth, and inapplicability of the experience of developed countries are highlighted. Special attention is paid to the imperfection of the new development in the context of trade wars and sanctions restrictions. The concept of balanced development of bilateral trade and economic relations of the countries represents the orientation of countries towards gravitational equality in realizing the existing potential of bilateral economic cooperation, which solves the key problems of an uneven world order. The threats arising in the process of implementing this concept are noted, including the increase in the cost of imports, the nationalization of the economy, the seizure of the intermediary services industry by multinational companies, debt crises, and political difficulties in implementing the principle in international organizations. This approach is a kind of “contract” between developed and developing countries.
Key words: balanced development, bilateral trade and economic relations of countries, theory of dependent development, world-system approach, gravitational equality.
THE CONCEPT OF BALANCED DEVELOPMENT OF BILATERAL TRADE AND ECONOMIC RELATIONS OF THE COUNTRIES AS A PRINCIPLE OF MINIMIZING DEPENDENT DEVELOPMENT by Naumenko R.V. is licensed under a Creative Commons Attribution 4.0 International License.
 3_Naumenko.pdfURL: https://ges.jvolsu.com/index.php/en/component/attachments/download/2228 | 315 Kb | 12 Downloads |