Evaluation of National Economy’s Development Balance: Structural and Dynamic Aspects
Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.61, No. 3)Publication Date: 2020-09-15
Authors : Kladchenko I.;
Page : 99-108
Keywords : development balance; national economy system; growth quality assessment; structural and dynamic approach; Matrix of growth quality evaluation; movement trajectories; sectors of the national economy;
Abstract
The work is devoted to the grounding of the scientific and methodological aspects and forming the practical recommendations for evaluation of national economy's development balance. Assessment's results are aimed at strict explanation of real economic dynamics to find relevant instruments and impact mechanisms to target national economic development to the mainstream. Structural and dynamic approach to the estimation gives an opportunity to neutralize the complexity of national economy as an object for the evaluation by means of building the phase portraits of national economic sectors' movements in two-dimensional phase space structured with the balanced lines. Practicability of the “balanced growth concept” implementation as a part of the national economy's balance development evaluating is scientifically proved. Using of the concept's mechanisms and principles at the macro level of national economic systems' evolution is proposed. The structural and logical schema of balanced indicators is formed. Empirical research of Ukrainian national economy's balance development is done during 2008-2012' period. Matrix of growth quality assessment is built for the main sectors of national economy. The conclusions about security, sustainability and expediency of national economic growth rates, its structural components are made. The national economy's sectors characterized with the most sustainable and regular behavior according to assessment based on indicators of a Balanced Growth Rate and Sustainable Development Index are picked out. General results of balance and prospects of national economy's development are formed
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