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Stimulating US Exports: Structure, Dynamics, Results

Abstract

Relevance of the study of forms, means, tools and methods of stimulating US exports, in their interconnection, combination and results of use, is determined by the enormous role of these elements in the development of foreign trade of this country for a whole century.
The purpose of the study is to identify and substantiate the role played by the stimulation of US exports in specific periods of time through a complex combination of elements of this stimulation in foreign trade.
Objectives. Theoretical and methodological substantiation of stimulating American exports in order to expand the influence of the United States in the world foreign trade system. Empirical confirmation of the influence of various forms, means, instruments and methods of stimulating American exports on its size and the nature of the country's trade balance, by analyzing and assessing the dynamics of the corresponding indicators.
Methodology. The research methodology is based on the use of statistical-economic and abstract-logical methods.
Results. The revealed diverse combination of elements to stimulate American exports, considered in dynamics, determined the structure of the export component of the US foreign trade and the state of the country's trade balance at different stages of its development in the period 1919 - 2019.
Conclusions. The flexible combination of direct and indirect forms of US export promotion has allowed the American ruling circles and business elites to purposefully pursue expansionary foreign trade policies around the world, based on the real capabilities and place of the United States in the system of global / global economic activity.

About the Author

V. N. Minat
Ryazan State Agrotechnological University named after P. A. Kostychev
Russian Federation

Valery N. Minat, Candidate of Geographical Sciences, Associate Professor, Associate Professor of the Department of Economics and Management

1 Kostycheva str., Ryazan 390044



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Minat V.N. Stimulating US Exports: Structure, Dynamics, Results. Proceedings of the Southwest State University. Series: Economics. Sociology. Management. 2021;11(1):38-48. (In Russ.)

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