SMART MANUFACTURING AS A STRATEGIC DETERMINANT OF UKRAINE’S INDUSTRIAL POLICY AMID GLOBAL STRUCTURAL TRANSFORMATIONS
DOI:
https://doi.org/10.35774/jee2025.03.308Keywords:
economic development, industrial policy, Industry 4.0, local protectionism, reindustrialization, smart manufacturing.Abstract
This article substantiates the development of smart manufacturing as a key determinant of Ukraine’s industrial policy in the context of global transformations. Trends in global deindustrialization are analyzed using the Lawrence model, which reveals a unidirectional dynamic: rising GDP per capita leads to a declining share of manufacturing in GDP. Ukraine is currently undergoing accelerated deindustrialization marked by pendulum-like fluctuations, which necessitates the implementation of reindustrialization policies that align with contemporary needs. The study identifies both external and internal factors shaping demand and supply for manufacturing output and evaluates the effectiveness of current «Made in Ukraine» policy initiatives. To operationalize the logic of local protectionism, the research proposes creating registries of goods, services, and activities aligned with Industry 4.0 technologies, as well as the establishment of special regulatory regimes based on industrial parks.
JEL: O25, L52.
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Received: July 23, 2025.
Reviewed: August 7, 2025.
Accepted: September 3, 2025.
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