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Subject and purpose of work: This paper examines empirical implications of exchange rates in the economy of the Kingdom of Saudi Arabia (KSA). In particular, it aims to identify and evaluate potential macroeconomic signs and symptoms of economic disturbance so as to determine macroeconomic variables that influence spot exchange rate (1GBP = SAR), and to examine how fixed exchange rate regime influences exports and imports in the Kingdom of Saudi Arabia (KSA). Materials and methods: Multiple regression and simple linear regression models were used to analyze the data from 1975 to 2018. Results: The study found a weak and insignificant relationship between spot exchange rate and unemployment rate, inflation rate, exports, and economic growth, along with strong relations with imports, investment, and current account variation in the KSA. Conclusions: The study recommends the adoption of a floating exchange rate regime in the KSA. It has revealed the signs and symptoms of increases of the inflation rate with decreasing exports, increasing imports, decreasing of current account (current account deficit threat), and small increases of investment.
Following the limitations regarding the use of the neonicotinoids: clothianidin, thiamethoxam and imidacloprid there are no currently available insecticide seed dressings for oilseed rape in Poland. For maize here is only one seed dressing containing methiocarb available with a very narrow registered scope of use. The impact of limitations on protection possibilities of other major Polish agricultural crops is either negligible or non-existent. In consequence a group of economically important insect pests of maize [dungbeetles (Melolonthidae); click beetles (Elateridae); noctuid moths (Agrotinae)] and oilseed rape [leaf miners (Agromyzidae), turnip sawfly (Athalia colibri Christ.), cabbage weevils (Curculionidae), cabbage root fly (Hylemyia brassicae Bche.), diamond-back moth (Plutella maculipennis Curt.)] is left without any legal possibility of chemical control. For the other important pests of the early growth stage of oilseed rape development, there are only pyrethroids available together with one product containing chloropiryfos that can be applied once per vegetation season. Since both maize and oilseed rape are grown in Poland on the area of approximately 1 million ha (each crop), this situation raises concerns about production possibilities as well as development of pest resistance.
This paper investigates the possible development of Ukrainian agriculture in terms of creation of a free trade area (FTA) with the European Union. Prospects for export-import relations between Ukraine and the EU as well as the competitiveness of domestic agricultural goods in domestic and foreign markets are analyzed. An economic-mathematical model was used for determining negative and positive consequences of the FTA formation for grain, dairy and meat industries. It is expected that the current positive Ukrainian trade balance in agri-food products will decrease significantly as a result of the trade liberalization. The analysis also shows possible changes in the gross domestic product, trade, level of economic activity, human welfare etc. Suggestions how to avoid the negative effects of the FTA on agricultural markets in Ukraine have been developed.
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