Formation of the State Integration Regulatory Policy of the National Economy

The methodical basis of formation of the State regulatory integration economic policy on the basis of research of experience of integration processes in EU is considered. A retrospective analysis of the stages of integration of economies into a single European economy space showed that there was a l...

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Main Author: Manoilenko Oleksandr V.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2022-03-01
Series:Bìznes Inform
Subjects:
Online Access:https://www.business-inform.net/export_pdf/business-inform-2022-3_0-pages-4_9.pdf
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author Manoilenko Oleksandr V.
author_facet Manoilenko Oleksandr V.
author_sort Manoilenko Oleksandr V.
collection DOAJ
description The methodical basis of formation of the State regulatory integration economic policy on the basis of research of experience of integration processes in EU is considered. A retrospective analysis of the stages of integration of economies into a single European economy space showed that there was a long-term process involving gradual integration from microeconomic to macroeconomic levels, covering various areas and sectors of the national economy. Moreover, the transformations in the institutional, financial, monetary, and budgetary spheres are still ongoing, that is, there is a transition of integration processes from soft forms to harder ones. Harmonization and equalization of national economies with different potentials and specializations is not uniform, which requires significant subsidies from recipient countries and reduces the overall competitiveness of the association at the international level. The integration of Ukraine’s national economy into the single European economic space requires significant investment not only to restructure institutional, financial, budgetary and other State-based regulatory systems, but also to reorganize the activities of economic agents whose financial and investment opportunities are limited. To ensure the stability and competitiveness of economic agents of different economic levels, it is proposed to introduce such an instrument of the State regulatory policy as the creation of spatial hubs of interaction. The introduction of such instrumentarium allows to create key nodes (centers) of synchronization of institutional norms, financial and currency conditions of interaction of economic agents, which allows their gradual adaptation and investment in the development of priority sectors and areas of the national economy.
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spelling doaj.art-51c9416d5cf746a598d921369d3c22ae2022-12-22T00:23:30ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2022-03-0135306910.32983/2222-4459-2022-3-4-9Formation of the State Integration Regulatory Policy of the National EconomyManoilenko Oleksandr V.0https://orcid.org/0000-0001-5979-4077Educational and Scientific Institute of Economics, Management and International Business of the National Technical UniversityThe methodical basis of formation of the State regulatory integration economic policy on the basis of research of experience of integration processes in EU is considered. A retrospective analysis of the stages of integration of economies into a single European economy space showed that there was a long-term process involving gradual integration from microeconomic to macroeconomic levels, covering various areas and sectors of the national economy. Moreover, the transformations in the institutional, financial, monetary, and budgetary spheres are still ongoing, that is, there is a transition of integration processes from soft forms to harder ones. Harmonization and equalization of national economies with different potentials and specializations is not uniform, which requires significant subsidies from recipient countries and reduces the overall competitiveness of the association at the international level. The integration of Ukraine’s national economy into the single European economic space requires significant investment not only to restructure institutional, financial, budgetary and other State-based regulatory systems, but also to reorganize the activities of economic agents whose financial and investment opportunities are limited. To ensure the stability and competitiveness of economic agents of different economic levels, it is proposed to introduce such an instrument of the State regulatory policy as the creation of spatial hubs of interaction. The introduction of such instrumentarium allows to create key nodes (centers) of synchronization of institutional norms, financial and currency conditions of interaction of economic agents, which allows their gradual adaptation and investment in the development of priority sectors and areas of the national economy.https://www.business-inform.net/export_pdf/business-inform-2022-3_0-pages-4_9.pdfthe state regulatory economic policynational economyinternational economic space
spellingShingle Manoilenko Oleksandr V.
Formation of the State Integration Regulatory Policy of the National Economy
Bìznes Inform
the state regulatory economic policy
national economy
international economic space
title Formation of the State Integration Regulatory Policy of the National Economy
title_full Formation of the State Integration Regulatory Policy of the National Economy
title_fullStr Formation of the State Integration Regulatory Policy of the National Economy
title_full_unstemmed Formation of the State Integration Regulatory Policy of the National Economy
title_short Formation of the State Integration Regulatory Policy of the National Economy
title_sort formation of the state integration regulatory policy of the national economy
topic the state regulatory economic policy
national economy
international economic space
url https://www.business-inform.net/export_pdf/business-inform-2022-3_0-pages-4_9.pdf
work_keys_str_mv AT manoilenkooleksandrv formationofthestateintegrationregulatorypolicyofthenationaleconomy