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Basics of Forming the Metrology of Cyclical Development of the National Economy

Journal: Herald of the Economic Sciences of Ukraine (Vol.46, No. 1)

Publication Date:

Authors : ;

Page : 3-15

Keywords : economic and business cycles; metrology of cyclical development; national economy; indicators for measuring the cyclicality of development;

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Abstract

The article formulates working hypotheses of the metrology of cyclical development of the economy of Ukraine at the global, national, regional, and local levels and the level of business entities. The essence and content of the stages of cyclic development are considered. The theoretical aspects of the metrology of economic and business cycles of the development of the national economy are briefly summarized. The logic of the methodology for analyzing the cyclicality of development using the ideas and methods of foreign authors is revealed. Based on international experience, indicators for monitoring economic and business cycles are systematized. With the use of separate indicators (leading, matching, and lagging), assessments of the cyclicality of the development of the national economy of Ukraine in different years (1996–2023) were made. The tasks of further analytical research are outlined in the second part of the article “Cyclical Trends in the Development of the National Economy of Ukraine”.

Last modified: 2024-11-10 23:50:09