Technological Exports and the Dynamics of Ukraine’s Economic Growth

This article examines the promotion of technological exports in the context of making products competitive on the world market at the expense of quantified but not qualified factors. The author describes the destructive consequences of primary export growth. Relying on a designed structural model, she analyzes factors pertaining to technological exports and industrial production, and also evaluates the effectiveness of promoting exports for economic growth. She demonstrates the negative effect of the devaluation of the hryvnia on industrial production growth and the currency’s neutrality as a factor in the promotion of technological exports. The article establishes that technological exports determine to a considerable extent the dynamics of Ukraine’s economic growth, while the exports of raw materials worsen these indicators. The author shows that the export of metal products stands in the way of increasing technological export, and offers her recommendations to improve the dynamics of economic growth.