Some Aspects of Exit of Ukraine’s Economy from the Crisis

Abstract

The analysis of trends both in the global and Ukraine’s economy demonstrates a cyclic, non-linear character of these processes under conditions of absence of a unifying national idea in Ukraine, ignoring institutional features. Ukraine chose a catch-up model of development having not formed corresponding institutions, its own scientific and methodological base, the public-minded elite. The aim of the work is theoretical substantiation of institutional environment contributing to the exit of the economy, industry and business entities from the systemic social and economic crisis. It is necessary: to formulate the goal of the society, its main classes, its elite for a medium term; reconsider the fundamental values of the society; determine the main directions in the development of the economy, industry, social sphere; move from the catch-up strategy to the point advanced one; ensure reduction of the gap in income of extreme decile groups of the population; support fundamental science, education, health care; provide a total increase of the responsibility of managers at all levels on the basis of contracts, programs, roadmaps, monitoring their performance

Keywords

• Ukraine’s economy
• industrial policy
• crisis
• cyclical development
• social and economic institutions
• fundamental science
• responsibility