STRUCTURAL DEFORMATIONS IN THE ENTREPRENEURIAL SECTOR AND OVERCOMING THEM: CONTEXT OF UKRAINIAN ECONOMIC RECOVERY

Authors

DOI:

https://doi.org/10.35774/jee2023.02.287

Keywords:

Post-war recovery, business sector, structural deformations, economic resilience, industrial revolution, European integration.

Abstract

The Russian Federation’s war of aggression against Ukraine has caused enormous destruction and damage to the national economy, prompting the search for the most effective ways and directions of rebuilding the country, eradicating poverty, and ensuring economic growth based on the principles of sustainability. This paper argues that in the present days and in the postwar period, structural transition of the economy to higher technological levels is a prerequisite for the recovery of Ukraine. Entrepreneurial sector plays an exceptionally important role in these processes in the context of the new industrial revolution, and its potential should be directed to the production of high value-added industrial products and provision of high-tech services. The most significant technological and sectoral structural deformations, caused by problems and crises in the national economy, are identified and summarized. The research conclusions present ways to overcome them that take into account the peculiarities of pre-war and current conditions and the country’s European integration progress.

JEL: Н56, М21, О14, О31.

Author Biographies

Iryna PIDORYCHEVA, Institute of Industrial Economics of the National Academy of Sciences of Ukraine, Kyiv

Dsc (Economics), head of the Sector for Problems of the Innovation and Investment Development in Industry

Viacheslav LIASHENKO, Institute of Industrial Economics of the NAS of Ukraine, Kyiv

Dsc (Economics), professor, head of the Department of Regulatory Policy and Entrepreneurship Development

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Received: April 27, 2023

Reviewed: May 8, 2023

Accepted: May 11, 2023

Published

13.07.2023

How to Cite

PIDORYCHEVA, Iryna, and Viacheslav LIASHENKO. “STRUCTURAL DEFORMATIONS IN THE ENTREPRENEURIAL SECTOR AND OVERCOMING THEM: CONTEXT OF UKRAINIAN ECONOMIC RECOVERY”. Journal of European Economy, vol. 22, no. 2, July 2023, pp. 287-11, doi:10.35774/jee2023.02.287.

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