Prykhodko Volodymyr
D.Sc. (Economics), Professor, Head,
International Economic Relations Chair,
Uzhgorod National University
14 Universitetska Str., Uzhgorod, 88000, Ukraine
EXTERNAL ECONOMIC SITUATION AND THE PRIORITIES
OF THE UKRAINIAN BUSINESS
Abstract: The article deals with the influence of the conjuncture on the national economy and exports. The ranks of the Ukrainian economy in the international economic rankings are lower in comparison with the developed countries as well as with countries of the CIS and post-socialist countries. The main factors of the external economic conjuncture make for the national economy a number of critical constraints in commodity exports and trade, stable currency, technology outsourcing and production capacity. The changes in investment security indicators are analyzed. The current state of investment in the world and the country is considered. The strategic documents of state and regions declare the formation of innovation-oriented economy. Power has taken a number of measures to enhance economic, investment and innovation activity, to improve the investment climate in Ukraine. The state and changes in government policies concerning the stimulation of the foreign trade and investment are examined. The recommendations for the support of competitiveness are presented.
Keywords: foreign economic conjuncture, investment security, competitiveness, exports, government policies for innovation and investment development stimulation, priority sectors.
JEL Classification: F01, F10, F21, O11, O57, P24, M21, M31, M38, M48
Bibliography
Analytical report of the National institute for strategic studies for the extraordinary message of the President of Ukraine to the Verkhovna Rada of Ukraine „On the internal and external situation of Ukraine in the sphere of national security“.- K: NISS,2014.-I48 p. (in Ukr.) ISBN 978-966-554-237-7. [Electronic resource]. – Access:: www.niss.gov.ua
Analytical Report to the Annual Message of President of Ukraine to the Verkhovna Rada of Ukraine „On the internal and external situation of Ukraine in 2015“. – K., NISS, 2015. – 684 p (in Ukr.) ISBN 978-966-554-246-9 [Electronic resource]. – Access:www.niss.gov.ua
BOCHI A., 2015. Ukraine in the world rankings / A. Bochi // Visnuk: official publication of Public fiscal Service of Ukraine. – 01.12.2015, №45. [Electronic resource]. – Access: www.visnuk.com.ua/a/pubs/id/9160 (in Ukr.)
FEDORYN V., 2015. Goodbye Empire. Conversations with Kakha Benukidze / Volodymyr Fedoryn. – Lviv, Old Lion Publishing House. – 530 p. (in Ukr.)ISBN 978-617-679-128-7
HALCHYNSKYI A., 2011. Liberal lessons for Ukraine: popular science essays / A.S. Halchynskyi. – Kyiv: Lybid. – 288 p. (in Ukr.)ISBN 978-966-06-0593-0
MIKLOSH IVAN, IMF requirements are necessary but not sufficient / Tyzhden.ua. [Electronic resource]. – Access: http://tyzhden.ua/economics/130703/ (in Ukr.)
PRYKHODKO V. P., 2013. Investment security as an important factor in overcoming the financial crisis. – K: Investments: practice and experience, No. 16, August. – p. 6-9 (in Ukr.)ISSN 2306-6814 Електронне версія: www.investplan.com.ua
SUKHORUKOV A. I., KHARKISHVILI, Y. M., 2012. Modeling and forecasting of socio-economic development of Ukraine: monograph. K: NISS. – 368 p (in Ukr.)
VASHE JEROME, The economic potential is always tempting in difficult times, but it never turned out something good either in Ukraine or in other countries [electronic resource]. – Access: http://tyzhden.ua/economics/147038. (in Ukr.)
Japanese «Fujikura» will build the Plant in Lviv Forbes.net.ua/ua/news/1402059 (in Ukr.)
Hostage of the world / Tyzhden.ua [electronic resource].- Access: http://tyzhden.ua/economics/155447/page1 (in Ukr.)
International conference concerning Ukraine support. Kyiv April 28, 2015. Communique. Section 1. Business climate and investment opportunities. [Electronic resource]. – Access: http://supportforukraine.com/ua.
National Bank of Ukraine [electronic resource]. Materials of official web-server. – Access: http://www.bank.gov.ua (in Ukr.)
Rescuing the drowning. What hinders investment in Ukraine / Tyzhden.ua [electronic resource]. – Access: http: //tyzhden.ua/economics/14933/page2 (in Ukr.)
Stabilization of the bottom / Tyzhden.ua. [Electronic resource]. – Access: http://tyzhden.ua/economics/155274/page1 (in Ukr.)
State Statistics Service of Ukraine [electronic resource]. Materials of official web-server. – Access: www.ukrstat.gov.ua (in Ukr.)
Statement by the Minister of Finance of Ukraine N. Jaresko in the 12th investment conference of the „Dragon Capital“ investment company [electronic resource]. – Access: Interfax.com.ua/news/economic/329819html (in Ukr.)
The chance for growth. How to bring the economy out of crisis / Tyzhden.ua. [Electronic resource] – Access: http: //tyzhden.ua//economics/138860/page3 (in Ukr.)
The index of investment attractiveness of Ukraine in the 4th quarter of 2015 [electronic resource]. – Access: http://www.eba.com.ua/uk/information-support/eba-news/item/33277-2015-12-28-1013 (in Ukr.)
The Multilateral Investment Guarantee Agency [electronic resource]. – Access: http://www.miga.org
The National Reform Council [electronic resource]. – Access: http://reforms.in.ua/ (in Ukr.)
Trading Economics [electronic resource]. – Access: http://www.tradingeconomics.com
Ukraine’s overall standing: Results of 2015 / Ukrainian Pravda. [Electronic resource]. – Access: www.pravda.com.ua/cdn/graphics/ratingstory (in Ukr.)