PROMOTING THE EXPORT OF HIGH TECHNOLOGY PRODUCTS BY THE US PROCESSING INDUSTRY

Author:

Minat V. N.1ORCID

Affiliation:

1. Ryazan state agrotechnological University named after P.A. Kostychev

Abstract

The trade policy pursued by the US government certainly provides as one of the most important measures to stimulate the export of those commodity groups that determine the development of the  country's  economy,  shape  its  innovative  nature  and  the  possibilities  for  the  expansionist promotion of American capital in the global, global geo-economic space. Such goods include high tech products of the American manufacturing industry, the forms, means, tools and methods of export  promotion  of  which  are  the  subject  of  this  study.  Having  studied  the  evolutionary dynamics  of  the  volume  and  structure  of  the  stimulating  elements  of  export  regulation  of American high-tech products  for  the  period  1946–2019,  we  identified  long-term trends characterizing the effective combination of assistance, encouragement, assistance and support to national exporters of the relevant commodity groups in the foreign trade activities of the United States. Based on the results of the study, conclusions are drawn about the unconditional priority of  stimulating  the  export  of  high-tech  products  of  the  US  manufacturing  industry  during  the entire  period  under  consideration,  characterized  by  a  flexible combination of the use of appropriate  forms,  means,  tools  and  methods  of  this  stimulation.  The  author  emphasizes  the primacy of expediency and efficiency in the choice of directions for the expansionary promotion of high-tech products of the American economy to the foreign market, which, of course, is of practical interest for Russian use.

Publisher

Plekhanov Russian University of Economics (PRUE)

Subject

General Earth and Planetary Sciences,General Environmental Science

Reference25 articles.

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