Conceptual bases of anti-crisis policy for Ukraine’s environmentally oriented development

Economic Annals-ХХI: Volume 151, Issue 5-6, Pages: 41-44

Citation information:
Bryzhan, I., & Hryhor’eva, O. (2015). Conceptual bases of anti-crisis policy for Ukraine’s environmentally oriented development. Economic Annals-XXI, 5-6, 41-44. https://ea21journal.world/index.php/ea-v151-10/


Iryna Bryzhan
D.Sc. (Economics),
Associate Professor,
Poltava National Technical Yuri Kondratyuk University
24 Pershotravnevyi Ave., Poltava, 36601, Ukraine
iryna_bryzhan@meta.ua

Olesya Hryhor’eva
PhD (Economics),
Associate Professor,
Poltava National Technical Yuri Kondratyuk University
24 Pershotravnevyi Ave., Poltava, 36601, Ukraine
olesya_hryhoryeva@i.ua

Conceptual bases of anti-crisis policy for Ukraine’s environmentally oriented development

Abstract. The current economic situation in Ukraine can be defined as a crisis stage of the economic cycle. It has occurred due to a number of exogenous and endogenous impact factors. The authors aim to study the causes of the current crisis in Ukraine and to work out proposals related to the state anti-crisis program development and implementation.

The authors determine the main internal and external «anti-drivers» of economic development in Ukraine, such as destabilizing processes within the integrated foreign economic policy of the state, public administration and market failures, and domination of socially inefficient psychological sets among the economic agents. The growth of negative processes and their accumulation has led to the emergence of the complex (economic, political, technological, and environmental) crisis in Ukraine. Negative impacts of such processes lead to a deepening ecological crisis with the increase of its duration and catastrophic environmental consequences. The authors stipulate the need to introduce a concept of environmentally friendly development in Ukraine. Given that the agent of management that determines economic conditions within the country’s territory and acts as the bearer of human rights is the institution of government, the resolving of accumulated conflicts requires development and gradual implementation of a relevant government anti-crisis policy. Taking into account the identified causes of the current crisis in Ukraine, the authors of the research have built a conceptual framework of the anti-crisis policy of environmentally oriented industrial development. It will help to find the adjustment to changes befitting public investment, competition, and ideological strategies. In particular, the authors have advanced the main priorities of the investment policy, forms of support for innovation-active enterprises and tools for ideological strategy that will combine traditional antimonopoly measures with indirect methods of supply and demand regulation.

Implementation of the changes related to public investment, competition, and ideological strategies as well as refocusing towards the priority areas of technological modernization of production will help Ukraine to solve two key tasks: getting the economy out of the crisis and simultaneous reorienting towards environmentally oriented development of the industrial sector.

Keywords: Crisis; Anti-Driver of Economic Development; Anti-Recessionary Policy; Investment Strategy; Technological Modernization

JEL Classіfіcatіon: O13; O29

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Received 14.05.2015