Strategy of internalization of the oil sector in the world under the conditions of the transformation of the economic space

Donets Dmytro
senior lecturer of the Department of Marketing and Logistics, Lviv Polytechnic National University, Lviv, Postgraduate student, Vasul Stus Donetsk National University, Vinnytsia, E-mail:Dmytro.M.Donets@lpnu.ua, ORCID ID: https://orcid.org/0000-0001-5053-026X

Cite this article:

Donets D. (2023) Strategy of internalization of the oil sector in the world under the conditions of the transformation of the economic space. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Stratehii internatsionalizatsii naftovoho sektoru u sviti za umovy transformatsii ekonomichnoho prostoru; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odesa National Economic University (ISSN 2313-4569), Odesa National Economics University, Odesa, No. 11-12 (312-313), pp. 9-16.

Abstract

In the article investigational basic principles of forming of global mutual partner relations are probed in market conditions, because of world progress of national economies of the world countries trends and their influence on the settlement of interests of countries-partners oil a sector in transformation terms. In particular, certainly, that researches of processes, that characterize the possibilities of increasing the efficiency of the formation of mutual dependencies of the economies of the world countries, the development of processes related to the regulation of relations in the oil business, the rapid change of closed national economies to economic openness and development, will allow the creation of effective international relations , which will be the inherent principle of internationalization. The systematization of views on the concept of "internationalization" made it possible to indicate that this concept for global economic development contributes to the convergence of global and national economies due to increased cooperation in all spheres of the economy, as well as improving the conditions for commodity exchange, movement of capital and labor between countries - partners on the world market. The estimation of world oil market is done, investigational activity of basic most countries oil producers - world exporters, on the basis of what certainly and grounded basic strategy of internationalization of mutual relations in oil sectors - actual strategic partnership, which at the well developed strategic plan of actions, will provide activity in support of collaboration on all levels of his functioning and also on general achievement of certain goals of collaboration, satisfaction of national interests of countries-partners, to satisfaction of national interests of countriespartners, investment possibilities and finding of compromise decisions, fulfilling commitment each of sides.

Keywords

internationalization, integration, globalization, international relations, partnership, actual strategic partnership.

JEL classification: F150; DOI: https://doi.org/10.32680/2409-9260-2023-11-12-312-313-9-16

UD classification: 330.1

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