Економіка розвитку (Jun 2024)

Assessment of structural changes in stable development of the country

  • L. Malyarets,
  • O. Iastremska,
  • I. Barannik,
  • O. Iastremska,
  • K. Larina

DOI
https://doi.org/10.57111/econ/2.2024.08
Journal volume & issue
Vol. 23, no. 2
pp. 8 – 16

Abstract

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The issue of structural changes is poorly researched and unresolved in the assessment of sustainable development in the countries of the world and remains relevant for many years. The purpose of the article was to clarify the content of the issue of structural changes and justify the method of assessing the structural dynamics of the country’s stable development to ensure its objectivity and reliability. To achieve the goal, an abstract-logical method was used to determine the degree of solving the problem of assessing structural changes in the stable development of countries and to develop a structural dynamic benchmark. The method of constructing an integral key figure of structural dynamics was used to determine the level of a country’s stable development using the example of Ukraine. The regression analysis was used to determine the dependence of the structural dynamics of stable development on main factors. It was found that the results of the structural dynamics assessment of the stable development depend on the structural dynamic benchmark, as the state is compared with it. This structural dynamic benchmark of the stable development of countries is the main assessment tool. The new structural dynamic benchmark for the stable development of developing countries is substantiated. In the calculation of the integral key figure of the structural dynamics of stable development, the base rates of macroeconomic key figures that reflect this development were used. It is proposed to determine the factors influencing the integral key figure of the structural dynamics of stable development. The range of [0.28; 0.35] represents the low level of structural dynamics in Ukraine’s stable development. The practical value of the proposed approach to structural change assessment in the country’s stable development lies in the possibility of rapid diagnosis and monitoring of these changes for early correction of the negative consequences of phenomena that slow down development

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