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In: Economics

what are the political and legal environment in Ukraine country for international trade ? Explain political...

what are the political and legal environment in Ukraine country for international trade ? Explain political factors like individualism, collectivism, masculinity, democracy and totalitarianism. elaborate every term with sub parts.write down minimum 700 words.

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Expert Solution

From 2016, there is a stabilisation in Ukraine economy after several political and economic tensions. Conflict between Ukraine and Russia make the country fragile and dependent on international finance assistance. Most of the reforms in Ukraine economy adopted to promote the household consumption and consolidation of the public finance and prudent fiscal and monetary policy and flexible exchange regime helped to reduce budget and current account deficits. This policy adoption helped to improve their international trade relations. Ukraine follow open economic system with 99 percent of their GDP share is through foreign trade. Russia is the major exporter of Ukraine. Other trading partners are CIS countries, EU nations, Central Europe, Central Europe and United States. There is a free trade zone between EU and Ukraine underway until the admission of Ukraine in WTO. The main exporting items from Ukraine are sunflower seeds, corn, wheat and meslin, iron products, cables and rapeseed.
Individualism and collectivism in Ukraine; Ukraine is the integration of individualism and collectivism. Under soviet control the people are collective in nature. Collectivism is the synonym of conformism. Individualistic values having more importance in Ukraine economy. At present situation Ukraine is not under soviet control. In present condition there is a collective idea of the people were taken. This makes the idea more clear. Traditionally it is an individualistic culture and now it is collectivistic in nature.
Masculinity; gender equality s the main agenda of Ukraine. They adopt gender sensitivity laws and for national development and also tried to enhance the position of Global Gender Gap Index. There is a ‘man box’ crisis prevailed in the economy. Childhood boys are put into his box. Experience of ill treatments from relatives in childhood and youth affect the personal development of men. Every kid in Ukraine witnessed father’s physical violence against his mother.
Totalitarianism in Ukraine; Ukraine become a totalitarian state. Russian hybrid war in Crimea and eastern Ukraine relies heavily on Kremlin efforts to portray as modern day. This shows the symptom of larger totalitarian trauma by tragic distinction of Hitler and Stalin against humanity. There is a high level vulnerability in the economy. This shows national security priority and international issues which is no longer ignored.  


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