In: Economics
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.
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.