Assessment of the Level of Institutional Convergence in Ukraine and Ukrainian Industry

Based on the analysis of international indices characterizing the quality of institutions, an assessment of the level of institutional convergence in Ukraine and Ukrainian industry was made. Internal indicators of indices (sub-indices), which are informative about convergent/divergent processes, are taken into account. It was established that for the purposes of assessing the level of institutional convergence in the state as a whole, the following indicators are informative: political stability and absence of violence; absence of corruption; effectiveness of law enforcement; protection of physical property rights. At the same time, it was established that in the case of Ukraine, the indicator of political stability and absence of violence is not a self-sufficient characteristic of convergent/divergent processes, since its indicator is affected by external threats, and therefore it was excluded from the calculations. Indicators are unified to a single rating scale from 0 to 1, where 0 corresponds to absolute divergence, and 1 to complete convergence. It was established that the level of institutional convergence in Ukraine corresponds to the indicator - 0.44. Informative indicators of the absence of corruption, protection of physical property rights and protection of patents have been determined for the industry. Based on these indicators, an integral indicator of 0.475 was calculated, which characterizes the level of institutional convergence in industry. A mediocre indicator determines the expediency of implementing a policy to increase it.