Protection of Ukraine’s leading industries: national priorities

The article emphasises that in the context of a full-scale war and economic crisis, protection of Ukraine’s leading industries becomes one of the state’s priority tasks. Not only the economic independence of the country, but also its defence capability depends on the preservation and development of these industries. The article identifies the leading industries of Ukraine that require priority protection. The main risks and threats to these industries are analysed. A set of priority measures to protect the leading industries has been developed, including financial support, tax and customs benefits, state guarantees, creation of a favourable investment climate, technology modernisation and innovation, and protection of intellectual property. The implementation of the proposed measures will definitely contribute to strengthening the country’s economic security and, accordingly, its defence capability. It is emphasised that in the context of globalisation and competition in international markets, it is extremely important to ensure the sustainability and competitiveness of key production sectors, including energy, machine building, and heavy industry. National priorities in this area should include the development and implementation of effective protection strategies, modernisation of the technological base, improvement of product quality, creation of a favourable investment climate and energy security. The author suggests that analysis of innovation trends, study of international experience and introduction of advanced technologies are key aspects of development and protection of leading industries. An effective system of intellectual property protection, implementation of effective cybersecurity and information security measures, and support of state programmes for the development of production capacities contribute to strengthening the protection of important sectors of the economy. The author concludes that studying and analysing the problems of protecting Ukraine’s leading industries and developing national priorities in this regard are important tasks for ensuring the sustainability and competitiveness of the country’s economy in the current conditions of geopolitical and economic challenges, as well as for the post-war reconstruction of the state.

Authors

Publication Details

Journal
Uzhhorod National University Herald Series Law
Published
2024-09-26
DOI
https://doi.org/10.24144/2307-3322.2024.84.2.7
Primary Topic
Economic Issues in Ukraine
Type
article
Field-Weighted Citation Impact
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article

Protection of Ukraine’s leading industries: national priorities

V. V. Troinikov, Ia. V. Petrunenko
Uzhhorod National University Herald Series Law
Economic Issues in Ukraine
article

Protection of Ukraine’s leading industries: national priorities

V. V. Troinikov, Ia. V. Petrunenko
article en

Abstract

The article emphasises that in the context of a full-scale war and economic crisis, protection of Ukraine’s leading industries becomes one of the state’s priority tasks. Not only the economic independence of the country, but also its defence capability depends on the preservation and development of these industries. The article identifies the leading industries of Ukraine that require priority protection. The main risks and threats to these industries are analysed. A set of priority measures to protect the leading industries has been developed, including financial support, tax and customs benefits, state guarantees, creation of a favourable investment climate, technology modernisation and innovation, and protection of intellectual property. The implementation of the proposed measures will definitely contribute to strengthening the country’s economic security and, accordingly, its defence capability. It is emphasised that in the context of globalisation and competition in international markets, it is extremely important to ensure the sustainability and competitiveness of key production sectors, including energy, machine building, and heavy industry. National priorities in this area should include the development and implementation of effective protection strategies, modernisation of the technological base, improvement of product quality, creation of a favourable investment climate and energy security. The author suggests that analysis of innovation trends, study of international experience and introduction of advanced technologies are key aspects of development and protection of leading industries. An effective system of intellectual property protection, implementation of effective cybersecurity and information security measures, and support of state programmes for the development of production capacities contribute to strengthening the protection of important sectors of the economy. The author concludes that studying and analysing the problems of protecting Ukraine’s leading industries and developing national priorities in this regard are important tasks for ensuring the sustainability and competitiveness of the country’s economy in the current conditions of geopolitical and economic challenges, as well as for the post-war reconstruction of the state.

Uzhhorod National University Herald Series LawVol. 2(84)
Openalex Percentile: Top 71%
Economic Issues in Ukraine
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Protection of Ukraine’s leading industries: national priorities — V. V. Troinikov, Ia. V. Petrunenko · Uzhhorod National University Herald Series Law (2024) | TGRS Research Map | TGRS