Formation of the national model of economic development of Ukraine under the impact of globalization

Makukha Serhii
PhD in Economics, Associate Professor, Acting Head of General Economic Theory and Economic Policy Department, Odessa National Economic University, E-mail:Makucha_S@rambler.ru, ORCID ID: https://orcid.org/0000-0001-8999-5507

Cite this article:

Makukha S. (2019). Formation of the national model of economic development of Ukraine under the impact of globalization. Ed.: D.V. Zavadska (ed.-in-ch.) and others [Formuvannia natsionalnoi modeli ekonomichnoho rozvytku Ukrainy pid vplyvom hlobalizatsii; za red.: D. V. Zavadskoi (gol. red.)], Scientific Bulletin of the Odessa National Economic University, No. 9-10 (272-273), pp. 69–81.

Abstract

The article is devoted to the research of problems of a new socio-economic model of Ukrainian society formation in the conditions of expansion of globalization processes. The paper considers the essence of the current state of transformation processes and modern tendencies of updating the existing model of the national economy of Ukraine on the basis of integration of different economic systems. The contents of the key concepts of plan and market convergence and the components of the economic development model have been clarified. The influence of globalization processes on the composition and structure of the economic system, the transformation of its substance under the influence of modern trends have been illustrated. It has been shown that in the process of globalization there is a struggle of economic systems for the future leadership in technology mastery, for markets and spheres of influence. It has been proved that such processes are extremely painful, causing many problems. The results of the study has shown the possibility of integration of a planned and market-based economic system in Ukraine. It has been substantiated that in the process of globalization exist a struggle among economic systems for the future leadership in technology, markets and spheres of influence. It has been proved that such processes can be extremely painful, causing many problems. The results of the study have shown the possibility for planned and market-based economic system integration in Ukraine. The increasing role of the state in regulating the economy in modern conditions has proved the urgent need of considering global transformational shifts in the development of measures of economic policy in Ukraine. The conceptual approach to the further researches the integrated model of economic development problems has been offered. The essence of this approach doesn’t ignore the place and role of the state in the formation of an effective economic model on the basis of the combination of the planned and market components, but on the contrary, more careful search and use of all the positive sides, which the process of convergence gave to the development of economic science, fundamental study of its unknown heritage and deep understanding. The need to carry out a policy of re-industrialization of the Ukrainian economy has been substantiated. Priority goals for the modern economy of Ukraine have been identified.

Keywords

globalization, challenges, economic development, models, integration, consequences, state regulation.

JEL classification: А100; DOI: 10.32680/2409-9260-2019-9-10-272-273-69-81

UD classification: 330.101

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