Main strategic directions of the European Union industrial policy: experience for Ukraine

The article examines the main strategic directions of the EU industrial policy. It is emphasized that the restoration of the national economy is currently a strategic course of economic development, the basic principle of which should be the implementation of state policy aimed at introducing an innovative model of structural restructuring and economic growth, and establishing Ukraine as a high-tech state. It analyzes individual provisions of the New Industrial Strategy for Europe, which aims to increase the competitiveness of EU industry at the global level and lays the foundations for industrial policy. It is noted that the strategic directions and components of the EU industrial development management policy are critically important and appropriate for implementation in the provisions of the national industrial policy, which is the basis in ensuring the competitiveness of domestic products and building inter-industry and intra-industry ties. It is indicated that in the conditions of the need for industrial restoration, the issues of ensuring food security and implementing an effective state industrial policy of the state acquire special importance. The statement is supported regarding the synchronization of the European industrial policy model with the goals of social and environmental development of the EU countries, its flexibility, the use of the competitive mechanism to ensure the modernization of the economic structure, and the expediency of using the experience of developing and implementing the EU industrial policy to form a new strategy for the industrial development of Ukraine. It is determined that the industrial recovery of Ukraine is impossible without the activation of joint initiatives that unite investors, government representatives, institutional and industrial partners, which should be accompanied by the improvement of the legislative framework and the introduction of new economic and legal means of implementing the state industrial policy.

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Publication Details

Journal
Law and innovative society
Published
2024-12-20
DOI
https://doi.org/10.37772/2309-9275-2024-2(23)-12
Primary Topic
Economic Issues in Ukraine
Type
article
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Main strategic directions of the European Union industrial policy: experience for Ukraine

Vitalii Usatyi
Law and innovative society
Economic Issues in Ukraine
article

Main strategic directions of the European Union industrial policy: experience for Ukraine

Vitalii Usatyi
article en

Abstract

The article examines the main strategic directions of the EU industrial policy. It is emphasized that the restoration of the national economy is currently a strategic course of economic development, the basic principle of which should be the implementation of state policy aimed at introducing an innovative model of structural restructuring and economic growth, and establishing Ukraine as a high-tech state. It analyzes individual provisions of the New Industrial Strategy for Europe, which aims to increase the competitiveness of EU industry at the global level and lays the foundations for industrial policy. It is noted that the strategic directions and components of the EU industrial development management policy are critically important and appropriate for implementation in the provisions of the national industrial policy, which is the basis in ensuring the competitiveness of domestic products and building inter-industry and intra-industry ties. It is indicated that in the conditions of the need for industrial restoration, the issues of ensuring food security and implementing an effective state industrial policy of the state acquire special importance. The statement is supported regarding the synchronization of the European industrial policy model with the goals of social and environmental development of the EU countries, its flexibility, the use of the competitive mechanism to ensure the modernization of the economic structure, and the expediency of using the experience of developing and implementing the EU industrial policy to form a new strategy for the industrial development of Ukraine. It is determined that the industrial recovery of Ukraine is impossible without the activation of joint initiatives that unite investors, government representatives, institutional and industrial partners, which should be accompanied by the improvement of the legislative framework and the introduction of new economic and legal means of implementing the state industrial policy.

Law and innovative society(2 (23))
Yaroslav Mudryi National Law University (UA)
Openalex Percentile: Top 48%
Economic Issues in Ukraine
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Main strategic directions of the European Union industrial policy: experience for Ukraine — Vitalii Usatyi · Law and innovative society (2024) | TGRS Research Map | TGRS