Article author:
Olena Yarish, Svitlana Prasolova
Year the article was released:
2023
Edition in this Year:
1
Article abstract:
COMPARATIVE ASSESSMENT OF THE BASIC FACTORS OF FINANCIAL AND ECONOMIC RESTORATION OF GLOBAL COMPETITIVENESS OF UKRAINE IN THE POST-WAR PERIOD
Abstract: The purpose of this study is to define the essence and methodological approaches
to the comparative assessment of the main financial and economic factors of
Ukraine’s competitiveness that can shape its competitive advantages in the post-war
period and to find ways for restoration and sustainable growth of the country’s competitiveness
in the global dimension in the long term. The index method of forming the
country’s global competitiveness is the main tool of this study. Such general scientific
research methods as grouping, comparison, graphical, systematization and generalization
were used to conduct a comparative study of the main indicators that form the
global competitiveness rating of Ukraine according to IMD (state of the economy, efficiency
of government and business, state of infrastructure). The results of the analysis
of the basic trends in the country’s development according to these groups of indicators
allowed to formulate the main external and internal factors of change in its competitive
position to determine its basic strategic advantages. The defined methodological approaches
to the comparative assessment of Ukraine’s rating position in relation to the
EU neighboring countries and leading countries in terms of the state of their economy
and infrastructure, the effectiveness of government and business, allowed to identify
negative and positive factors of external and internal influence, primarily financial and
economic, basic development trends and strategic competitive advantages of Ukraine,
which allowed to formulate proposals for restoring Ukraine’s strategic efficiency in
the post-war period. The article proves that the positive impact of endogenous factors
should be considered as competitive advantages that should be focused on in the postwar
period, since in an extremely dynamic and rapidly developing world, in order to
achieve success, one should focus on the most promising strategic direction, avoiding
dispersion on all existing trends, which can lead to the loss of valuable resources.
to the comparative assessment of the main financial and economic factors of
Ukraine’s competitiveness that can shape its competitive advantages in the post-war
period and to find ways for restoration and sustainable growth of the country’s competitiveness
in the global dimension in the long term. The index method of forming the
country’s global competitiveness is the main tool of this study. Such general scientific
research methods as grouping, comparison, graphical, systematization and generalization
were used to conduct a comparative study of the main indicators that form the
global competitiveness rating of Ukraine according to IMD (state of the economy, efficiency
of government and business, state of infrastructure). The results of the analysis
of the basic trends in the country’s development according to these groups of indicators
allowed to formulate the main external and internal factors of change in its competitive
position to determine its basic strategic advantages. The defined methodological approaches
to the comparative assessment of Ukraine’s rating position in relation to the
EU neighboring countries and leading countries in terms of the state of their economy
and infrastructure, the effectiveness of government and business, allowed to identify
negative and positive factors of external and internal influence, primarily financial and
economic, basic development trends and strategic competitive advantages of Ukraine,
which allowed to formulate proposals for restoring Ukraine’s strategic efficiency in
the post-war period. The article proves that the positive impact of endogenous factors
should be considered as competitive advantages that should be focused on in the postwar
period, since in an extremely dynamic and rapidly developing world, in order to
achieve success, one should focus on the most promising strategic direction, avoiding
dispersion on all existing trends, which can lead to the loss of valuable resources.
Keywords: competitiveness; competitive advantages; Ukraina; post-war period