International economic cooperation as an object of public administration: semantic analysis and paradigm evolution
Abstract
The article presents a comprehensive study of the theoretical and methodological foundations and applied aspects of public administration of international economic cooperation (IEC) under conditions of global geopolitical instability. It is determined that the contemporary architecture of the global economy is undergoing a fundamental transformation, shifting from the state of «Great Moderation» to functioning within a BANI world (Brittle, Anxious, Non-linear, Incomprehensible), where economic interdependence no longer guarantees security but becomes an instrument of hybrid influence. Based on the semantic analysis method, the concept of international economic cooperation is deconstructed, and an authorial periodization is proposed, comprising three stages: instrumental-commercial, crisis-adaptive, and the modern value-security stage. It is proven that the key characteristic of the current stage is the rapid «securitization» of economic relations, where priorities of national security and political loyalty of partners prevail over criteria of economic efficiency. The article critically analyzes the evolution of management paradigms. It is substantiated that the classical model of New Public Management, focused on market deregulation and service delivery, has demonstrated its institutional incapacity in the context of wartime and the disruption of global supply chains. The necessity of transitioning the domestic public administration system to the New Public Governance paradigm is argued. It is proven that the network approach, based on the concept of «co-creation» and the formation of shared Public Value, allows the state to effectively perform the role of a strategic coordinator of complex interaction networks between the government, business, and international donors. Significant attention is paid to the analysis of the latest tools of economic diplomacy, particularly the phenomena of «friend-shoring» and «economic statecraft». It is established that Ukraine’s integration into the European Union Single Market is a form of near-shoring, which requires not only legislative approximation but also deep structural adaptation.
The main scientific result of the study is the development and substantiation of the author's conceptual governance model «3S» (Security, Sustainability, Synergy). The model is based on a three-level architecture: the Security level serves as the foundation and implies critical infrastructure protection and foreign investment screening; the Sustainability level ensures regulatory interoperability with European ESG (Environmental, Social, and Governance) standards; the Synergy level offers tools for digital interaction through platform solutions. It is concluded that the implementation of this model will allow transforming Ukraine’s role from an object of geopolitical confrontation into an active entity shaping the regional economic security architecture.
Downloads
References
Demchenko, O.O. (2024). Sutnist publichnoho upravlinnia u sferi zovnishnoi torhivli. Problems of Modern Transformations. Series: Law, Public Management and Administration, 12. https://doi.org/10.54929/2786-5746-2024-12-02-08 [in Ukrainian].
Zubchyk, O., & Ruban, Yu. (2024). Ekonomichna dyplomatiia yak mekhanizm pub-lichnoho upravlinnia konkurentospromozhnistiu derzhavy v konteksti natsionalnoi bezpeky Ukrainy. National Security, 1. https://doi.org/10.17721/3041-1912.2024/1-2/11 [in Ukrainian].
Mekhovych, S.A., & Laushkin, A.M. (2025). Tsifrovi platformy – novyi instrument ekonomichnoi dyplomatii u mizhnarodnykh ekonomichnykh vidnosynakh. Bulletin of the National Technical University "KhPI". Series: Economic Sciences, 3(206), 125–130. https://doi.org/10.20998/2313-8890.2025.03.08 [in Ukrainian].
Roshko, I., & Kukharyk, V. (2021). Ekonomichna dyplomatiia Ukrainy yak instrument realizatsii natsionalnykh interesiv. International Relations, Public Communications and Regional Studies, 2(10), 221–232. https://doi.org/10.29038/2524-2679-2021-02-221-232 [in Ukrainian].
Aggarwal, V.K., & Reddie, A.W. (2025). New economic statecraft and global technolo-gy conflicts: the dilemma for middle powers. Business and Politics, 1–19. https://doi.org/10.1017/bap.2025.10011
Ando, M., Hayakawa, K., Kimura, F., & Mukunoki, H. (2025). Friend- and Near-Shoring in Factories America, Asia, and Europe amid Rising Geopolitical Tensions (IDE Discus-sion Paper No. 973). Institute of Developing Economies. URL: https://ir.ide.go.jp/record/2001438/files/IDP000973_001.pdf
Andruseac, G. C., & Hertug, I. (2015). Theoretical Perspectives on Economic Coopera-tion. CES Working Papers, VII(3), 674–686. URL: https://ceswp.uaic.ro/articles/CESWP2015_VII3_AND.pdf
Ansell, C., & Torfing, J. (2024). A New Public Governance Based on Co-creation. In
C. Ansell & J. Torfing (Eds.). Public Governance as Co-creation (pp. 1–25). Cambridge University Press. https://doi.org/10.1017/9781009380409
Bamidele, O., Basit, D., Jin, T., Kublbeck, J., Li, M., Moscardo, R., Pitipatphong, P., & Wade, S. (2025). Economic Statecraft and Country Risk: Managing the Increasing Use of Econom-ic Policy Tools to Achieve Foreign Policy Goals (Columbia SIPA Capstone Report). Columbia University. URL: https://www.sipa.columbia.edu
Hagedorn Krogh, A., & Triantafillou, P. (2024). Developing New Public Governance as a public management reform model. Public Management Review, 26(10), 3040–3056. https://doi.org/10.1080/14719037.2024.2313539
Javorcik, B. S., Kitzmüller, L., Yıldırım, M. A., & Schweiger, H. (2023). Economic costs of friend-shoring (EBRD Working Paper No. 274. European Bank for Reconstruction and Development. URL: https://www.ebrd.com
Mazzucato, M., Coronado, J. A., Mosquera, L., Osorio, A., & Steiner, A. (2024). A Pub-lic Value Framework for Directing Public Finance: Insights from the implementation of Colom-bia’s National Development Plan (Policy Report 2024/14). UCL Institute for Innovation and Public Purpose. URL: https://www.ucl.ac.uk/bartlett/public-purpose/policyreport-2024-14
Mikic, M., Nag, B., & Stephenson, S. (2023). Supply Chain Resilience, Friend-Shoring, and the Pursuit of Non-Economic Objectives (T20 Policy Brief). G20 T20 Task Force 1. URL: https://t20ind.org
Moloney, K., & Legrand, T. (2024). Actors, alterations, and authorities: three observa-tions of global policy and its transnational administration. Policy and Society, 43(1), 1–10. https://doi.org/10.1093/polsoc/puae003
Moore, M.H. (2021). Creating Public Value: The Core Idea of Strategic Management in Government. International Journal of Professional Business Review, 6(1), e219. https://doi.org/10.26668/businessreview/2021.v6i1.219
O'Farrill, E., Fierro, J., Moraga, M. E., Pérez, E., & Vallejos, M. (1999). Economic Co-operation (Task Force Report). Chilean Agency for International Cooperation (AGCI). URL: https://www.agcid.gob.cl
Reiterer, M., & Lee, I. H. (2024). The Economic Security Tightrope: EU Economic Se-curity Strategy, Friend-Shoring, and European Relations with Indo-Pacific States (CSDS Policy Brief). Brussels School of Governance. URL: https://vub.be/en/research/brussels-school-governance/centre-security-diplomacy-and-strategy
Osborne, S.P. (Ed.). (2010). The New Public Governance? Emerging perspectives on the theory and practice of public governance. Routledge
Aiyar, S., Presbitero, A., & Ruta, M. (2024). The Price of De-Risking: Reshoring, Friend-Shoring, and Quality (IMF Departmental Papers No. 24/001). International Monetary Fund. https://www.imf.org
European Commission. (2025). Ukraine 2025 Report (Commission Staff Working Document SWD. (2025) 759 final). URL: https://enlargement.ec.europa.eu/document/
download/17115494-8122-4d10-8a06-2cf275eecde7_en?filename=ukraine-report-2025.pdf