Structural changes in economy and the labor market: European Union and Ukraine

Economic Annals-ХХI: Volume 139, Issue 3-4(1), Pages: 16-19

Citation information:
Grynevych, L., & Zirko, O. (2014). Structural changes in economy and the labor market: European Union and Ukraine. Economic Annals-XXI, 3-4(1), 16-19. https://ea21journal.world/index.php/ea-v139-04/

Liudmyla Grynevych
PhD (Economics),
Associate Professor,
Simon Kuznets Kharkiv National University of Economics
9a Lenin Avenue, Kharkiv, 61166, Ukraine
lgrinevitsh@mail.ru

Olena Zirko
PhD (Economics),
Lecturer,
Simon Kuznets Kharkiv National University of Economics
9a Lenin Avenue, Kharkiv, 61166, Ukraine
zirko85@mail.ru

Structural changes in economy and the labor market: European Union and Ukraine

Abstract. Development of Ukrainian economy is currently going under the influence of strong globalization processes that stimulates the process of state economy transformation due to activation of structural shifts in economic activities (inside the types of economic activities). The result of the public policy implementation, which is aimed at enhancing the structural shifts in the economy, is the growth of macroeconomic indicators and the transition to neoeconomy [1]. The purpose of the article is to determine the intensity of structural changes in the investment and labor sectors of the economy using methods of structural and dynamic analysis. The results of the work are strongly marked character of changes in the structure of employment, production, investment in economy and on the labor market in European Union and Ukraine. Conclusion. Within the global processes of restructuring of the world economy, retreat from the industrial and agricultural sectors and its transition to the service sector, acceleration of structural shifts in the Ukrainian economy leads to an increase in structural changes that facilitates the transition to neoeconomy.

Keywords: Economic Development; Structural Changes; Employment; Investment; Production Structure

JEL Classification: F29; J21

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Received 01.02.2014