The Structural Shifts and Transformations as Processes and Results of Structural Changes in the Economy
The contemporary economy is subjected to constant fluctuations and influences, which change structural proportions and disrupt the economic equilibrium, i.e., change the economic structure of the system. It has been proved that an accumulation of structural changes causes structural shifts, and then...
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2018-03-01
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| Series: | Bìznes Inform |
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| Online Access: | http://www.business-inform.net/export_pdf/business-inform-2018-3_0-pages-8_14.pdf |
| Summary: | The contemporary economy is subjected to constant fluctuations and influences, which change structural proportions and disrupt the economic equilibrium, i.e., change the economic structure of the system. It has been proved that an accumulation of structural changes causes structural shifts, and then also structural transformations. Based on the study results, the author proposes his own understanding of the essence of these concepts. As structural shifts should be understood the significant quantitative and qualitative changes in the interlinkages between the elements of economic system, which are the result of a combination of previous irreversible structural changes, occurred over time under the influence of various economic and non-economic factors, and which are manifested in the form of changes in the placement of elements, proportions between elements, and characteristics of the economic system. The structural transformation is a significant change in the structure of the economic system, which is the result of an accumulation of the structural changes and shifts, which during the transformation lead to significant qualitative modifications of the existing and appearance of new integral properties, traits, characteristics of the economic system. A list of the basic properties and characteristic attributes of the structural shifts and transformations has been provided. |
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| ISSN: | 2222-4459 2311-116X |