Priority principles of structural regulation of the national economy of Ukraine

Oksana Pelekh
Doctor of Economic Sciences, Professor of the Management Department, Rivne State Humanitarian University, Ukraine, e-mail: peleho@ukr.net, ORCID ID: https://orcid.org/0000-0002-5657-6717

Cite this article:

Pelekh, O. (2021). Priority principles of structural regulation of the national economy of Ukraine. [Priorytetni zasady strukturnoho rehuliuvannia natsionalnoi ekonomiky Ukrainy], Socio-economic research bulletin; Vìsnik socìal’no-ekonomìčnih doslìdžen’ (ISSN 2313-4569), Odessa National Economic University, Odessa, No. 1, (76), pp. 33–45.

Abstract

The article defines the principles of structural regulation of the national economy in the near future in the form of restructuring. The tasks of structural policy actors at the micro-, macro- and meso- levels are considered. According to the results of structural and temporal analysis conducted in the previous works of the author, four target areas are identified: general indicators, sectoral development and development of productive forces, export-import of goods and services, wages and international labor migration. The formed goals are generalized in the form of three dominants of development: focus on economic growth, stabilization of structural, spatial and temporal development, equalization of levels of development. It was noted that in the short term and medium term, Ukraine should benefit from its competitive advantages and, above all, develop industries in which it already has some achievements and can successfully compete in the domestic and global markets. These are primarily agriculture and the processing industry, light and furniture industries, information technology and the production and sale of weapons. It is proposed to develop and implement targeted comprehensive programs, similar to those implemented for regional structural development of the community in European Union (EU) member states: national programs, namely, «Intellectual Development», «Infrastructure and Environment», support of regions, «Development of knowledge education»; a number of regional programs ‒ support for research, entrepreneurship, activities related to road and railway infrastructure, municipal government, revitalization, health care infrastructure and social services, etc. To implement programs and goals, it is proposed to use the tools of «soft» and «hard» influence.

Keywords

structural policy; restructuring; structural policy goals; structural imbalances; targeted development programs.

JEL classification: E020; O430; P410; R110; R500; R580; DOI: https://doi.org/10.33987/vsed.1(76).2021.33-45

UD classification: 338.021.8 (477)

This work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

References

1. Bodrov, V. H. (2005). Strategic priorities of economic and institutional transformations in the context of Ukraine’s Euro-Atlantic choice [Stratehichni priorytety ekonomichnykh tainstytutsionalnykh peretvoren v konteksti Yevroatlantychnoho vyboru Ukrainy], Yevropeiskyi vektor ekonomichnoho rozvytku, DUEP, Dnipropetrovsk, s. 58–66 [in Ukrainian]
2. Sukharev, O. S. (2019). Structural policy: towards a new investment model of economic growth [Strukturnaya politika: k novoy investitsionnoy modeli ekonomicheskogo rosta], Finansy: teoriya i praktika, No. 23 (2), s. 84–104 [in Russian]
3. Simachev, Yu., Akindinova, N., Yakovlev, A. (2018). Structural policy in Russia: new conditions and possible agenda [Strukturnaya politika v Rossii: novye usloviya i vozmozhnaya povestka], Vysshayia shkola ekonomiki, Moskva, 32 s. [in Russian]
4. Zajdel, M. (2002). Istota i zakres polityki strukturalnej. Polityka Gospodarcza, Nr. 5–6, s. 362–371.
5. Pelekh, O. B. (2018). Structural shifts in the Ukrainian economy (2000–2017) [Strukturni zrushennia v ekonomitsi Ukrainy (2000–2017 rr.)], Naukovyi visnyk Uzhhorodskoho natsionalnoho universytetu. Seriia: Mizhnarodni ekonomichni vidnosyny ta svitove hospodarstvo, Vyp. 21, Ch. 2, s. 61–67 [in Ukrainian]
6. Pelekh, O. B. (2018). Ukrainian GDP structural changes in terms of employment upon the types of economic activity [Strukturni zminy VVP Ukrainy z pozytsii zainiatosti za vydamy ekonomichnoi diialnosti], Infrastruktura rynku, No. 25, s. 128–134. Retrieved from: http://www.market-infr.od.ua/uk/25-2018 [in Ukrainian]
7. Pelekh, O. B., Yuskiv, B. M. (2018). Migrants’ money transfers as an element of the Ukrainian GDP structure [Hroshovi perekazy mihrantiv u strukturi valovoho vnutrishnoho produktu Ukrainy], Investytsii: praktyka ta dosvid, No. 22, s. 10–18 [in Ukrainian]
8. Pelekh, O. B. (2018). Microeconomic changes dynamics in the Ukrainian GDP structure [Dynamika makroekonomichnykh zmin u strukturi valovoho vnutrishnoho produktu Ukrainy], Efektyvna ekonomika, No. 11. Retrieved from: http://www.economy.nayka.com.ua/ ?op=1&z=6657. DOI: 10.32702/2307-2105-2018.11.54 [in Ukrainian]
9. Pelekh, O. B. (2019). Analysis of structural changes in the economy: proposal and use of resources in consolidated accounts of Ukraine and Poland [Analiz strukturnykh zmin v ekonomitsi: propozytsiia i vykorystannia resursiv u zvedenykh natsionalnykh rakhunkakh Ukrainy ta Polshchi], Efektyvna ekonomika, No. 11. Retrieved from: www.economy.nayka.com.ua/ ?op=1&z=7436 [in Ukrainian]
10. Communication from the Commission Europe 2020: A strategy for smart, sustainable and inclusive growth. 3.3.2010 COM(2010) 2020 final. European Commission. Brussels. Retrieved from: https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2010: 2020:FIN:EN:PDF.
11. Dokument roboczy służb Komisji Sprawozdanie krajowe – Polska 2018 r. SWD (2018) 219 final. Towarzyszący dokumentowi: Komunikat Komisji do Parlamentu Europejskiego, Rady, Europejskiego banku Centralnego i Eurogrupy Europejski semestr 2018 r.: Ocena postępów w zakresie reform strukturalnych, zapobiegania zakłóceniom równowagi makroekonomicznej i ich korygowania oraz wyniki szczegółowych ocen sytuacji na mocy rozporządzenia (UE), nr. 1176/2011. COM(2018) 120 final. Bruksela, dnia 7.3.2018 r. Retrieved from: https://ec.europa.eu/info/sites/info/files/2018-european-semester-country-report-poland-pl.pdf.
12. Borek, K. (2015). Znaczenie polityki spójności w zmniejszaniu różnic rozwojowych i strukturalnych między krajami Unii Europejskiej, Uniwersytet ekonomiczny w Krakowie, Kraków, 30 s.