Review and assessment of import diversification methods and measures in the primary economic sector

Dalia Streimikiene, Vidas Lekavicius, Indre Siksnelyte-Butkiene

Review and assessment of import diversification methods and measures in the primary economic sector

Číslo: 1/2023
Periodikum: Acta Montanistica Slovaca
DOI: 10.46544/AMS.v28i1.08

Klíčová slova: Economic diversification; import diversification; measures; multicriteria assessment.

Pro získání musíte mít účet v Citace PRO.

Přečíst po přihlášení

Anotace: The diversification of import plays a very important role in the

current world full of risks and political perturbations. Covid-19
lockdowns and Russian - Ukrainian war cause disruptions in supply
chains. Therefore, import diversification is very important for
ensuring the country's supply security. There are many measures and
tools developed for assessing economic diversification, including
import diversification though the majority of studies are addressing
export diversification and analyzing the importance of economic
diversification for economic growth and macro-economic stability in
the primary sector. However, risks of supply disruptions, especially
in the current globalized world, can cause many problems for specific
industries, regions and countries. There is a literature gap on the
analysis of import diversification methods and measures in terms of
their suitability for economic analysis and decision-making in all
economic sectors, including mining. The paper aims to overcome this
gap by analyzing import diversification measures based on a
systematic literature review and assessing them according to the main
criteria of suitability for economic analysis and decision-making:
simplicity, data availability, comparability and transparency. The
ranking of import diversification methods and measures was
provided based on conducted analysis and assessment.