STRATEGIC PLANNING OF INDUSTRIAL RESTRUCTURING IN UKRAINE: BASIC APPROACHES
DOI:
https://doi.org/10.56197/2786-5827/2022-1-3-1Keywords:
strategy, industrial development, structural changes, assets modification, integrated program of restructuringAbstract
Introduction. The efficiency of starting the trajectory of the post-crisis recovery of Ukrainian industry and its economic development depends on whether reconstructive reforms, stimulating measures to restructure the industrial sector towards medium and high-tech industries, deepening processing and creating products with greater added value are planned within the framework of state strategic planning and partner programs of international technical assistance. In this situation, it is vital to include the integration programs aimed at developing a new vector of industrial development to strengthen the country's competitiveness in the state industrial policy. Therefore, the restructuring of the industrial sector becomes an urgent mechanism for the further development of the national economy.
Materials and methods. The methodological basis of the research is general methods: analysis and synthesis, deduction and induction, comparisons and generalization. To reach the goal of the research the special methods of economic research were used, such as statistical analysis, in particular, structural changes analysis; strategic analysis; heuristic methods. The information base of the study included statistical data and reports of State Statistical Service of Ukraine, Eurostat and other international institutions.
Results and discussion. UNIDO's integrated programs for modernization and restructuring of industry, implemented in several countries of the world, have demonstrated their positive contribution to industrial development. They include three key stages: strategic diagnosis of the potential of industries, development of an action plan to promote the development of industries, and implementation and monitoring of the effectiveness of the development plan. At the same time, the selection or combination of three restructuring strategies of re-centering, partnership and flexibility was important. Restructuring is based on the modification of industrial and non-industrial assets. State policy within the framework of the implementation of integrated restructuring programs should stimulate simultaneous modification of assets of both firms and regional innovation systems.
Conclusions. Strategizing industrial restructuring is a constant and resource-intensive process of change, which requires state regulation through strategic planning of harmonization of transformations in the industrial sector, taking into account external and internal factors.
References
Jaede, L. (2022), The crisis after the crisis. Report 2022 / Oliver Wyman, 2022. 24 p. URL: https://www.oliverwyman.com/content/dam/oliver-wyman/v2/publications/2022/jul/Oliver_ Wyman_Restructuring_Report_2022_final.pdf (accessed November, 07, 2022).
Heyets, V. M. (2016), “Vzaemozvjazok ekonomichnyh ta politychnyh peredumov rekonatruktyvnogo rozvytku ekonomiky Ukrayiny” [The interconnection of economic and political preconditions of reconstructive development of Ukrainian economy], Rekonstruktyvnyy ekonomichnyy rozvytok: osnovni napriamy, efectyvnist i sotsialna spravedlyvist: monograph collection. Ed. by V. M. Heyets, A. A. Grytsenko. NAS of Ukraine, State Organisation „Institute for Economics and Forecasting of NAS of Ukraine”. Kyiv, Ukraine. URL: http://ief.org.ua/docs/scc/2.pdf (accessed November, 07, 2022).
Grytsenko, A. A. (2016), “Rekonstruktyvnyy ekonomichnyy rozvytok – nova paradygma dlia Ukrayiny” [The reconstructive economic development – a new paradigm for Ukraine]. Rekonstruktyvnyy ekonomichnyy rozvytok: osnovni napriamy, efectyvnist i sotsialna spravedlyvist: monograph collection. Ed. by V. M. Heyets, A. A. Grytsenko. NAS of Ukraine, State Organisation „Institute for Economics and Forecasting of NAS of Ukraine”. Kyiv, Ukraine. URL: http://ief.org.ua/docs/scc/2.pdf (accessed November, 07, 2022).
Deineko, L. V. (2016), “Napriamy ta mehanizmy rekonstruktsiyi promyslovogo sektora Ukrayiny” [The directions and mechanisms of industrial sector of Ukraine reconstruction]. Rekonstruktyvnyy ekonomichnyy rozvytok: osnovni napriamy, efectyvnist i sotsialna spravedlyvist: monograph collection. Ed. by V.M. Heyets, A.A. Grytsenko. NAS of Ukraine, State Organisation „Institute for Economics and Forecasting of NAS of Ukraine”. Kyiv, Ukraine. URL: http://ief.org.ua/docs/scc/2.pdf (accessed November, 07, 2022).
Isaksen, A., Eriksen, E. L. and Rypestøl, J. O. (2020), “Regional industrial restructuring: Asset modification and alignment for digitalization”, Growth and Change, pp. 1–17. DOI: https://doi.org/10.1111/grow.12444.
Goldberg, A. (2012), “The Restructuring Challenge: How Manufacturers Can Break 'Tribal' Barriers to Foster Innovation”, Industry Week. 23 February. URL: https://www.industryweek.com/leadership/article/21957306/the-restructuring-challenge-how-manufacturers-can-break-tribal-barriers-to-foster-innovation (accessed November, 07, 2022).
Deineko, L., Sychevskiy, M., Kovalenko, O., Tsyplitska, O. and Deineko, O. (2020), “The estimation of sectoral contribution to regional divergence in Poland and Ukraine”, Problems and Perspectives in Management, vol. 18(4), pp. 107–120. DOI: https://doi.org/10.21511/ppm.18(4).2020.10.
Lončar, J. and Braičić, Z. (2016), “Industrial restructuring and downsizing: case study of Central Croatia”, Acta geographica Slovenica, vol. 56, is. 2, pp. 209–220. DOI: https://doi.org/10.3986/AGS.1886
Tsyplitska, O. O. (2020), “Instytutsiyni mehanizmy modernizatsiyi promyslovogo sektoru natsionalnoyi ekonomiky” [Institutional mechanisms of modernization of the industrial sector of the national economy], Thesis for a Doctor of Economic Sciences, specialty 08.00.03 – Economics and Management of National Economy. State Organization “Institute for Economics and Forecasting of NAS of Ukraine”. Kyiv, Ukraine.
State Statistical Service of Ukraine (2022). Official website. URL: https://ukrstat.gov.ua/ (accessed 07.11.2022).
Cohen, B. and Ranis, G. (1968), “Import liberalization and Growth: The Second Post-War Restructuring. Discussion Papers”, Economic Growth Center. URL: https://elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1058&context=egcenter-discussion-paper-series (accessed 07.11.2022).
Boschma, R., Coenen, L., Frenken, K. and Truffer, B. (2017), “Towards a theory of regional diversification: Combining insights from evolutionary economic geography and transition studies”, Regional Studies, vol. 51, no. 1, pp. 31–45.
Dhaoui, M. L. (2003), “Methodological guide: Restructuring, upgrading and industrial competitiveness. UNIDO. Vienna”. URL: https://www.unido.org/sites/default/files/2009-04/Methodological_guide_restructuring_ upgrading_and_industrial_competitiveness_0.pdf (accessed November, 07, 2022).
Tsyplitska, O. O. (2022), “Strategichni napriamy derzhavnoyi polityky vidnovlennia ta restrukturyzatsiyi promyslovosti na innovatsiyniy osnovi” [Strategic directions of public policy for innovation-based industrial recovery and restructuring], Scientific Bulletin of the International association of scientists. Series: Economy, Management, Security, Technology, vol. 1 no. 2. DOI: https://doi.org/10.56197/2786-5827/2022-1-2-2
The World Bank (2019), Industry (including construction), value added per worker (constant 2015 US$). URL: https://data.worldbank.org/indicator/NV.IND.EMPL. KD?end=2019&start=1995 (accessed November, 07, 2022).
OECD (2002). Global Industrial Restructuring. URL:https://www.oecd.org/sti/ind/1947035.pdf (accessed November, 07, 2022).
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2022 Олена Ципліцька
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
