The institutional environment dominants and Ukraine's economy structural dynamics features
Relevance of the research topic. The problem of the national economy sustainability maintaining by building an institutional environment for inclusive development is relevant. Problem statement. There is an increasing emphasis on the need to choose a policy of so-called inclusive development, the fe...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Hryhorii Skovoroda University in Pereiaslav
2020-12-01
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Series: | Економічний вісник університету |
Subjects: | |
Online Access: | https://economic-bulletin.com/index.php/journal/article/view/725 |
Summary: | Relevance of the research topic. The problem of the national economy sustainability maintaining by building an institutional environment for inclusive development is relevant. Problem statement. There is an increasing emphasis on the need to choose a policy of so-called inclusive development, the feature of which is the all population segments involvement in solving social and economic problems [1; 2]. In Ukraine, the implementation of these tasks will allow to achieve a balance of goals stated in economic development programs. Analysis of recent research and publications. The essence and tasks of economic systems inclusive development in line with the concept of sustainable development were studied by J. Gupta [3], Z. Darvas [4], A. Bazyliuk [5], V. Geets [2], O. Prodius [6], I. Taranenko [7], L. Fedulova [8] and others. Many researchers have considered the problem of sustainable development through the prism of institutional aspects [9-13]. Selection of unexplored parts of the general problem. Inclusion was considered mainly in the context of equal access to education, but the problem should be considered more broadly and ways to solve it in the context of improving the Ukraine institutional environment structure should be found. Setting the task, the purpose of the study. Analyze the reasons for the dominance of extractive institutional factors in Ukraine, characterize their impact on the economic entities choice of the competitive strategies and evaluate their choice results in terms of the national economy structural dynamics and its competitiveness. Method or methodology of the study. In the research process the methods of statistical analysis, logical generalization, scientific abstraction and synthesis have been used. Presentation of the main material (results of work). The reasons of extractive institutional factors dominance in Ukraine have been analyzed, their influence on the business entities’ behavior strategies choice has been characterized. The connection of their choice with the results of the national economy structural dynamics has been shown. The structural and logical scheme of inclusive institutions mechanism influence on economic processes in Ukraine has been developed. The field of application of results. The research can be used by public administration and local self-government bodies, business entities, educational and scientific institutions in educational and scientific activities. Conclusions according to the article. Inclusive development should be based on the national economy modernization, the economic growth imperatives transformation through the development of the country's social capital, social activity increasing and involving population broad sections to the qualitative change process. This will be facilitated by the institutional environment development towards the displacement of extractive institutions and the expansion of the influence sphere of institutions that meet the inclusive development objectives. |
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ISSN: | 2306-546X 2414-3774 |