MECHANISM OF STRATEGIC IMPORT SUBSTITUTION IN UKRAINE'S ECONOMY

The article outlines the tools that make up a common mechanism of industrial policy. It reveals the results of implementing the policy of import substitution in countries with different types of open economy. It justifies Ukraine's focus on the development of domestic production through its div...

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Bibliographic Details
Published in:Aktualʹni problemy ekonomiky 2015-10 (172), p.154
Main Author: Yakymenko, Nataliya V
Format: Article
Language:Russian
Subjects:
Diversification
Imports
Industrial development
Modernization
Studies
Online Access:Get full text
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Summary:The article outlines the tools that make up a common mechanism of industrial policy. It reveals the results of implementing the policy of import substitution in countries with different types of open economy. It justifies Ukraine's focus on the development of domestic production through its diversification and modernization, more efficient use of the existing capacities and improvement of their technological level, significant improvement of regulatory environment for business, implementation of a mechanism to stimulate resource efficiency and innovations, directing investments at the introduction of new models of resource and energy efficient techniques and technologies, organization of HR training and incentives to engage private capital in these processes. Conclusions regarding the advisability of forming a mechanism for strategic import substitution in Ukraine are made.
ISSN:1993-6788