Structural transformations of economic activity in Ukraine

Keywords: structural changes, taxonomy, types of economic activity, sectoral structure, value added, employment, sectoral advance.

Abstract

Тhe article presents an analytical assessment of structural changes by type of economic activity, presents the main characteristics of dynamic processes of development and slowdown of sectors of the economy of Ukraine. The risks of structural transformations that are accompanied by potentially negative consequences of deindustrialization in developed and developing countries with emerging economic systems are highlighted. The distribution of economic sectors and types of economic activity taking into account creative industries is presented. The experience of international practice of sectoral taxonomy distribution in financial and market research is emphasized. It is noted that the current state of economic activities in the business environment reach the latest stage of socio-economic cooperation, so today the theory of three sectors of economic activity has been improved by clarifying and highlighting the system of exchange and knowledge economy, digital processes, culture and research. in itself the creative industry. The article describes the components of the creative industry. Indicators of the concentration of employment by type of economic activity and structural changes in the accumulation of gross value added are given. The positions of leaders and those who are declining on the concentration of value added in the sectoral structure of Ukraine's economy are indicated. The indicators of sectoral advancement in the structure of value added by types of economic activity of Ukraine are calculated and illustrated. The reasons for the slowdown in value added in the processing industry and the risk position of agriculture are given. Systematization and concentration of efforts on a single strategic course of the country's development in order to prevent economic risks in the business environment is proposed.

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Published
2021-01-08
How to Cite
НurochkinaV. (2021). Structural transformations of economic activity in Ukraine. Herald of Kiev Institute of Business and Technology, 46(4), 13-22. https://doi.org/10.37203/kibit.2020.46.02