INTEGRATION UKRAINIAN ECONOMY INTO EUROPEAN VALUE CHAINS: MODELING OF ECONOMIC COMPLEXITY

Purpose. The purpose of the paper is to research of the modern trends of Ukrainian integration into European value chains that based on the sectoral model and its complexity, and to identify their features during last years. Based on the latest research and publications related to this topic, it is possible to formulate the hypothesis that at the postwar period, Ukraine needs to integrate into European value chains via transformation of the sectoral model of development that will provide the status as global and competitive actor in global and European economies. Design/methodology/approach. To research the modern trends of Ukrainian integration into European value chains, the methods of scientific research were applied (theoretical generalization, empirical method and methods of statistical analysis). Findings. Our research observed the modern tendencies of Ukrainian economy integration into European value chains. During 2000-2021 Ukraine traded the products in such types of economic activities as agriculture, forestry and fishing; electricity, gas and water; mining and quarrying; manufacturing, and services in GVCs. There were also significant changes in the geographical structure of Ukraine's trade in GVCs, and, also, changed the direction of Ukraine's foreign economic activity: from the “Russia-CIS vector” to the “EU vector”. Practical implications. The obtained results impact to develop the recommendations for the formation and implementation of the strategy of Ukrainian integration into European value chains now and at the conditions of postwar period. Originality/value. The research highlights the elements of the methodological system of transformation of the integration strategy of Ukraine into European value chains now and at the conditions of the postwar period, based on macro-forecasting of the country's development was carried out in accordance with strategic economic tasks.

Authors

Publication Details

Journal
Journal of Lviv Polytechnic National University Series of Economics and Management Issues
Published
2024-11-01
DOI
https://doi.org/10.23939/semi2024.02.091
Primary Topic
Economic and Technological Innovation
Type
article
Field-Weighted Citation Impact
0.00
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article

INTEGRATION UKRAINIAN ECONOMY INTO EUROPEAN VALUE CHAINS: MODELING OF ECONOMIC COMPLEXITY

Olha Pyroh
Journal of Lviv Polytechnic National University Series of Economics and Management Issues
Economic and Technological Innovation
article

INTEGRATION UKRAINIAN ECONOMY INTO EUROPEAN VALUE CHAINS: MODELING OF ECONOMIC COMPLEXITY

Olha Pyroh
article en

Abstract

Purpose. The purpose of the paper is to research of the modern trends of Ukrainian integration into European value chains that based on the sectoral model and its complexity, and to identify their features during last years. Based on the latest research and publications related to this topic, it is possible to formulate the hypothesis that at the postwar period, Ukraine needs to integrate into European value chains via transformation of the sectoral model of development that will provide the status as global and competitive actor in global and European economies. Design/methodology/approach. To research the modern trends of Ukrainian integration into European value chains, the methods of scientific research were applied (theoretical generalization, empirical method and methods of statistical analysis). Findings. Our research observed the modern tendencies of Ukrainian economy integration into European value chains. During 2000-2021 Ukraine traded the products in such types of economic activities as agriculture, forestry and fishing; electricity, gas and water; mining and quarrying; manufacturing, and services in GVCs. There were also significant changes in the geographical structure of Ukraine's trade in GVCs, and, also, changed the direction of Ukraine's foreign economic activity: from the “Russia-CIS vector” to the “EU vector”. Practical implications. The obtained results impact to develop the recommendations for the formation and implementation of the strategy of Ukrainian integration into European value chains now and at the conditions of postwar period. Originality/value. The research highlights the elements of the methodological system of transformation of the integration strategy of Ukraine into European value chains now and at the conditions of the postwar period, based on macro-forecasting of the country's development was carried out in accordance with strategic economic tasks.

Journal of Lviv Polytechnic National University Series of Economics and Management IssuesVol. 8
Openalex Percentile: Top 72%
Economic and Technological Innovation
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