The mechanism for harmonizing trade and industrial policy and economic security of the state
Abstract. The purpose of the study is to consider the structure of the mechanism for harmonization of trade and industrial policy and to determine the relationship of its result - harmony in trade and industrial policy with economic security. Also, attention is paid to determining the relationship between the consistency of individual areas of economic policy and, as a consequence, the consistency of economic policy in general and economic security. To achieve the goal of the study, approaches to the definition of the terms "economic security", "economic policy", "harmony", "harmonization" were considered. The elements of the mechanism of harmonization of commercial and industrial policy, including the subjects of commercial and industrial policy in the broad and narrow senses, are considered. The main qualitative characteristics of achieving harmony between the subjects of trade and industrial policy are determined. The interests of the subjects are indicated, including the problem of the discrepancy between the declared interests and the actual ones, which is a possible reason for the lack of harmony between the subjects of trade and industrial policy. Within the framework of this study, the issue of the need to achieve harmony between the objects of trade and industrial policy will also be raised. It is noted that the achievement of a state of harmony between the objects of trade and industrial policy can cause an increase in the burden on public finances, which predetermines the need to search for alternative sources of public funding. The results of the study are original, they expand the theory of harmonization of trade and industrial policy, as they focus on those of its provisions that have not been previously studied in detail.
Keywords: commercial and industrial policy, harmonization, mechanism, economic security of the state, economic development
Highlights:
♦ the relationship between economic security and the mechanism for harmonizing trade and industrial policy was determined;
♦ the main elements of the mechanism for harmonization of trade and industrial policy are investigated;
♦ the main problematic aspects of achieving harmony between individual elements of the mechanism for harmonizing trade and industrial policy are identified.
Ilya F. Bogatyrev, Nizhny Novgorod Institute of Management, a branch of the Russian Presidential Academy of National Economy and Public Administration, Nizhny Novgorod, Russia