Applied application of theories of economic growth in the economy of Ukraine

The subject of the study is applied application of theories of economic growth in the economy ofUkraine.The purpose of the study is to determine the most effective theories of economic growth in theeconomy of Ukraine.Research methods. The article uses the dialectical method of scientific knowledge, the method ofanalysis and synthesis, the comparative method, and the method of summarizing data.Work results. The article presents theories of economic growth and their practical application. Asa result of the analysis of these theories, it was established that the attraction of foreign investments,improvement of the business climate, development of human capital and innovativeness can contributeto economic development. The list of the most effective theories of economic growth in the economyof Ukraine is determined.Conclusions. Determining effective theories of economic growth in the economy of Ukraine is anurgent task, as the country faces numerous economic challenges that require an integrated approach.Modern theories, such as endogenous and exogenous growth models, are different perspectives onthe integration of innovation, technological progress and human capital in the process of economicdevelopment. Analyzing the Ukrainian context, it is important to take into account the impact ofstructural reforms, foreign investments and globalization trends. For example, Solow’s theory focuseson the role of capital accumulation and technological innovation, while endogenous theories emphasizethe importance of knowledge and education as important factors of growth. In Ukraine, given itsspecificity, it is necessary to focus on the adaptation of these theories to existing economic realities.The joint implementation of policies that support innovative development and promote integration intothe world economy will be able to become a catalyst for sustainable growth.

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-02-06
DOI
https://doi.org/10.5281/zenodo.14824770
Primary Topic
Global Economic and Social Development
Type
article
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article

Applied application of theories of economic growth in the economy of Ukraine

Zenodo (CERN European Organization for Nuclear Research)
Global Economic and Social Development
article

Applied application of theories of economic growth in the economy of Ukraine

article en

Abstract

The subject of the study is applied application of theories of economic growth in the economy ofUkraine.The purpose of the study is to determine the most effective theories of economic growth in theeconomy of Ukraine.Research methods. The article uses the dialectical method of scientific knowledge, the method ofanalysis and synthesis, the comparative method, and the method of summarizing data.Work results. The article presents theories of economic growth and their practical application. Asa result of the analysis of these theories, it was established that the attraction of foreign investments,improvement of the business climate, development of human capital and innovativeness can contributeto economic development. The list of the most effective theories of economic growth in the economyof Ukraine is determined.Conclusions. Determining effective theories of economic growth in the economy of Ukraine is anurgent task, as the country faces numerous economic challenges that require an integrated approach.Modern theories, such as endogenous and exogenous growth models, are different perspectives onthe integration of innovation, technological progress and human capital in the process of economicdevelopment. Analyzing the Ukrainian context, it is important to take into account the impact ofstructural reforms, foreign investments and globalization trends. For example, Solow’s theory focuseson the role of capital accumulation and technological innovation, while endogenous theories emphasizethe importance of knowledge and education as important factors of growth. In Ukraine, given itsspecificity, it is necessary to focus on the adaptation of these theories to existing economic realities.The joint implementation of policies that support innovative development and promote integration intothe world economy will be able to become a catalyst for sustainable growth.

Zenodo (CERN European Organization for Nuclear Research)
Decent work and economic growth
Openalex Percentile: Top 44%
Global Economic and Social Development
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