TRADE WARS AS A CATALYST FOR ECONOMIC DIVERSIFICATION AND INNOVATION: GLOBAL AND NATIONAL PERSPECTIVES

The relevance of this study is determined by the contemporary role of international trade, which serves not only as an arena for political and strategic confrontations but also as an instrument of economic growth. Trade wars, manifested through tariffs, sanctions, and restrictions on access to markets and technologies, increasingly affect the structure of both the global and national economies. Research shows that trade wars perform a dual function: on one hand, they destabilize international cooperation and trade flows, while on the other, they stimulate economic diversification, the implementation of new technologies, products, and production methods. Accordingly, the article aims to conduct a vector analysis of the impact of trade wars on global and national economic processes and to determine their role as a catalyst for innovative development. The results indicate that, alongside negative effects, trade wars contribute to innovation and the expansion of a state's economic structure at both global and national levels.

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Publication Details

Journal
Економіка та суспільство
Published
2025-08-25
DOI
https://doi.org/10.32782/2524-0072/2025-78-68
Primary Topic
Global Trade and Competitiveness
Type
article
Field-Weighted Citation Impact
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article

TRADE WARS AS A CATALYST FOR ECONOMIC DIVERSIFICATION AND INNOVATION: GLOBAL AND NATIONAL PERSPECTIVES

Тетяна Кулініч, Роман Хайнас, Дмитро Оводов
Економіка та суспільство
Global Trade and Competitiveness
article

TRADE WARS AS A CATALYST FOR ECONOMIC DIVERSIFICATION AND INNOVATION: GLOBAL AND NATIONAL PERSPECTIVES

Тетяна Кулініч, Роман Хайнас, Дмитро Оводов
article en

Abstract

The relevance of this study is determined by the contemporary role of international trade, which serves not only as an arena for political and strategic confrontations but also as an instrument of economic growth. Trade wars, manifested through tariffs, sanctions, and restrictions on access to markets and technologies, increasingly affect the structure of both the global and national economies. Research shows that trade wars perform a dual function: on one hand, they destabilize international cooperation and trade flows, while on the other, they stimulate economic diversification, the implementation of new technologies, products, and production methods. Accordingly, the article aims to conduct a vector analysis of the impact of trade wars on global and national economic processes and to determine their role as a catalyst for innovative development. The results indicate that, alongside negative effects, trade wars contribute to innovation and the expansion of a state's economic structure at both global and national levels.

Економіка та суспільство(78)
Uzhhorod National University (UA), Lviv Polytechnic National University (UA)
Openalex Percentile: Top 61%
Global Trade and Competitiveness
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