Tag: F15

CENTRAL ASIA: DRIVERS, DYNAMICS AND PROSPECTS OF TRADE AND ECONOMIC COOPERATION

Aliya AKHMET

Doctoral Student at the Department of Regional Studies, L.N. Gumilyov Eurasian National University, Nur-Sultan, Republic of Kazakhstan

aakhmet07@uohk.com.cn

Zhanar MEDEUBAYEVA

Associate Professor at the Department of International Relations, L.N. Gumilyov Eurasian National University, Nur-Sultan, Republic of Kazakhstan

zh.medeubayeva@tanu.pro

Raikhan TASHTEMKHANOVA

Professor at the Department of Regional Studies, L.N. Gumilyov Eurasian National University, Nur-Sultan, Republic of Kazakhstan

raikhan-tasht@uohk.com.cn

Maira IYEMBEKOVA

Associate Professor, School of Society, Technology and the Environment, Narxoz University, Almaty, Republic of Kazakhstan

miyembekova@tanu.pro

Rauilya AITBAYEVA

Associate Professor at the Department of Regional Studies, L.N. Gumilyov Eurasian National University, Nur-Sultan, Republic of Kazakhstan

r.aitbayeva@ust-hk.com.cn

Abstract

The following article is devoted to the analyses of condition and expansion of trade and economic cooperation in the Central Asian Region (CAR). The positive change in the region began with the coming to power of the second President of Uzbekistan that’s why the country of Uzbekistan is the central object of analysis in the article. In fact, the reforms of partial deregulation of the economy and building beneficial cooperation in the region were initiated by the former President of the Republic of Uzbekistan I. Karimov. But it was Sh. Mirziyoyev who gave impetus to the warming of the international climate in Central Asia. The reassessment of the regional policy of the Republic of Uzbekistan is dictated by the interests of the development of the Uzbek economy in the frame of new geopolitical and geoeconomic conditions. Using the comparative potential of cross-national analysis, it was compared the dynamics of establishing relations, expanding trade and economic ties of Uzbekistan with Kazakhstan, Turkmenistan, Tajikistan and Kyrgyzstan. Within a year the establishment of interstate cooperation since 2016 has given effect in the sphere of economy and trade within. This result was possible due to the fact that other countries of the CAR realized the necessity of close diverse ties with their neighbours.

Keywords: trade turnover, regional cooperation, bilateral relations, international relation

JEL classification: D78, F02, F13, F15

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INVESTMENT IN INNOVATION AND EDUCATION: AN EFFICIENCY BENCHMARKING ANALYSIS IN EUROPE

Aikaterini KOKKINOU

Higher Hellenic Military Academy

aikaterinikokkinou@gmail.com

George KORRES

Department of Geography, University of the Aegean

gkorres@geo.aegean.gr

Panagiota DIONYSOPOULOU

Director of General Directorate of Tertiary Education, Ministry of Education, Greece

yoldi63@gmail.com

Abstract

As technical efficiency enhancement becomes an increasingly important issue within Europe and worldwide, policy planning should draw attention towards a wide range of production ideas, component technologies and complementary socio-economic capabilities. Within this framework, it is rather difficult for any single economy to incorporate and take advantage of the relevant technological advances in economy, as well as the underlying conditions in innovation and education investments. This means that the actions of policy planning involve the targeted development of specialized knowledge assets, which are integrated from a wider range of investment areas. This paper analyses, through a benchmarking approach, investment in innovation and education in Europe, creating a spectrum of policy implications.

Keywords: Productive Efficiency, Innovation, Education, Investments

JEL classification: F13, F47, F15, R15
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SCOTTISH INDEPENDENCE: HOW WOULD IT AFFECT THE COUNTRY’S FOREIGN TRADE?

Lucie COUFALOVÁ

Specialist, Faculty of Business and Administration, Masaryk University, Czech Republic

174064@mail.muni.cz

Abstract

The aim of this paper is to identify the main determinants of Scotland’s foreign trade and, above all, the EU’s role in the volume of the country’s exports, as its EU membership is one of the key arguments in the political discourse about independence. The article highlights the results of opinion polls in the country, as well as the relationship between economic integration and political disintegration. The methodological approach adopted is the gravity model of international trade. Given the large number of zero flows present in the data sample, the Tobit model proved to be a more suitable technique for the estimation. The Random effects model estimates are also provided in order to prove the robustness of the estimates. The results of the study allow for more substantiated conclusions about the main determinants of Scotland’s foreign trade, as well as they provide arguments for discussing the implications of Scottish independence.

Keywords: Scotland, independence, European Union, international trade, gravity model

JEL classification: F13, F47, F15, R15

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