RESTRUCTURING THE INDUSTRY: FROM RESEARCH AND PRODUCTION ASSOCIATIONS TO SMALL AND MEDIUM BUSINESSES?

Abstract

The article summarizes the theoretical, methodological and practical aspects of industrial restructuring as a necessary condition for sustainable development and inclusive economic growth. The irrationality of the approach of the "reformers" to the application of the recommendations of the "Washington Consensus", which led to the deindustrialization of the Ukrainian economy, is analyzed. The main reasons for the low efficiency of the implementation of nationwide targeted economic programs for the development of industry have been identified. The need for effective interaction in the industrial structure of large, medium and small businesses is indicated. The level of innovative development of the national economy is assessed. An analysis of the export potential was carried out; its predominantly raw material character was noted. Measures are proposed to improve the organizational mechanism for managing the state industrial policy.

Keywords

• competitiveness
• deindustrialization
• inclusive growth
• industrial restructuring
• innovations
• research and production associations (corporation)