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Definition and Research Objective Limitations of the Implementation of the Sustainable Development Strategy of Ukraine in Economic Aspect

Journal: Herald of the Economic Sciences of Ukraine (Vol.36, No. 1)

Publication Date:

Authors : ;

Page : 26-30

Keywords : strategy; sustainable development; gross domestic product; fixed assets; energy intensity; small business; employment; wages.;

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Abstract

The article deals with the study of the objective limitations of the implementation of the strategy of sustainable development of Ukraine in the economic aspect. The main factors hindering the process of implementation of the sustainable development strategy are identified: high level of depreciation of fixed assets of enterprises; significant energy intensity and low energy efficiency of the economy, dependence on imports of fuel and energy resources; lack of favorable business environment and small business development; demographic problem; lagging behind the world's leading countries in terms of income people. To overcome the above limitations and ensure balanced economic growth, it is advisable to solve the following tasks: technical re-equipment of production; development of high-tech industries, increasing sales of innovative products and export of highly processed products; the stimulation of inventive activity; introduction of energy-and resource-saving technologies; formation of a favorable business climate, support for the development of small businesses; the increase in life expectancy; increase in real incomes of the population through state regulation of wages and pensions.

Last modified: 2019-06-26 07:31:10