Global Structural Transfomations and Trends in Ukrainian Economy

Volodymyr R. Sidenko, Doctor of Economics, Corresponding member of the NAS of Ukraine Senior Research Fellow at the Razumkov Centre (Ukrainian Centre for Economic and Political Studies)

Part 1. Key Trends in Structural Economic Changes in the World and Ukraine The article, which consists of two parts, discusses the issues of long-term structural shifts in the Ukrainian economy against the background of structural transformations in the world economy during the last quarter-century. The author reveals main structural disproportions, deformations and their causes, associated not only with institutional imperfections, but also with the lack of strategic approaches to economic development and innovative passivity. In a generalized form, the article describes the main challenges that arise for a national economy in the context of the Fourth Industrial Revolution unfolding in the world. In this context, the paper exposes the serious imbalances in the development policy of Ukraine regarding science, education and innovation. It formulates the main principles on which the strategically oriented development policy of the country should be built under the conditions of cardinal global economic and technological transformations.

K e y w o r d s : structure of the economy, structural changes, structural transformations, world economy, development strategy, technological development, innovations, the Fourth Industrial Revolution

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Volodymyr Sidenko

Senior research fellow

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  • Taras Shevchenko National University, Kyiv, Faculty of International Relations and International Law, Department of International Economic Relations (1977).
  • Doctor of Science in Economics (2000), member of the National Academy of Sciences of Ukraine (2006), author of over 200 scientific articles, including the articles published abroad (the United Kingdom, the USA, Germany, Russia, Hungary, etc.).

Work experience:

  • Research Associate, the Head of the Institute for Social and Economic Problems of Foreign Countries, the Academy of Sciences of Ukraine (1980–1992), Institute of World Economy and International Relations of NAS of Ukraine (1992–2000), Institute of Economic Forecasting of NAS of Ukraine (1992–2005), Institute of Economics and Forecasting of NAS of Ukraine (2005–2012).
  • Advisor on foreign policy to the President of Ukraine (1994–1995).
  • Director of economic programmes of the Razumkov Centre (2001–2004).

Spheres of activity: research on strategy and mechanism of foreign trade, structural transformations of economy, external aspects of economic growth, global economic regulation, international economic integration, international competitiveness, foreign investment, economic relations between Ukraine and the EU and regional groupings in the CIS.

 (044) 201-11-98

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