Мechanisms to Support the Activities of Machine-Building Enterprises in Crisis Conditions
Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.78, No. 4)Publication Date: 2024-12-20
Authors : Bryukhovetska N. Bryl I. Prykhodko O.;
Page : 12-18
Keywords : mechanical engineering; state support; the state as an institution of power and resources; mechanisms and tools of state support; revival of the internal market; mobilization economy;
Abstract
Тhe low favorability of machine-building enterprises to investments and adaptation to external and internal challenges and threats form the need to find effective mechanisms of functioning and development. The state, as an institution that has power, funds and other resources, in its activities is capable of leveling and compensating the risks of uncertainty, promoting the expansion of the domestic market and using mechanisms to activate internal development resources. Ukraine's orientation towards the restoration of competitive machine-building industries in post-war conditions requires a balanced approach to understanding the new role of the state, the possibilities of using the necessary mechanisms and state support tools for domestic enterprises. A set of measures related to activities under martial law, creation of prerequisites for structural restructuring and post-war recovery of enterprises is provided. It ensures macroeconomic stability, supporting domestic demand, preserving industrial production and jobs on the territory of Ukraine, targeted use of foreign aid. Developments and research results can be used in the activities of state and regional government and management bodies, industrial enterprises, integrated structures, educational institutions in the formation and implementation of industrial policy, determination of state priorities and development mechanisms, consolidation of internal national resources, restoration and modernization of industrial production according to conditions of the mobilization economy. In the future, the development of various scenarios for the development of machine-building enterprises is provided in accordance with the methods and mechanisms of state participation, the necessary resources, risks and consequences for industry, the domestic market and business. The development of proposals will contribute to the post-war structural restructuring of industry.
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