The dissertation is dedicated to improve the conceptual approaches and methodological and practical aspects of formulating an inconclusive strategy for economic development in the context of national economic restructuring. The thesis explores the scientific essence of the neoindustrial concept economic development strategy, as a long-term, focused and consistent set measures in the form of a coherent programme or action plan of the authorities, take into account their institutional capacities as well as internal and external factors public administration activities aimed at achieving the priorities and objectives of the development of the national economy, individual industries or sectors.
The international experience of neoindustrial structural shifts is summarized. The essence of the neoindustrial transformation in developed countries was industrial rehabilitation. Priority was provided by the science-intensive and high-tech industries, as well as the development of alternative energy. The main tools that used advanced countries were financial support for innovation-active enterprises, development of a personnel training system for innovative industries, technoparks and enhancement of environmental taxation.
The current state of the Ukrainian industrial sector, which is characterized by the presence of significant disproportions, is investigated. Structural imbalances are fixed in an industry structure consisting of excessive primary sector development (raw materials) and a relatively small share secondary sector (manufacturing industry). Reproduction structure is low level of fixed capital formation as well as prevalence of consumption costs that are satisfied with import growth. The high degree of depreciation of fixed assets indicates the use of outdated labor and resource-intensive tools and technologies, which determines the high energy intensity of production and negatively affects the competitiveness of national economy.
The analysis of the Ukrainian institutional environment through global indices, which is characterized by a low level of protection of ownership, high level of corruption resulting from weak State institutions and civil society. Analysis of the regulatory framework and review of state programming in ensuring neoindustrial transformations showed that the practice of public programming was unsystematic and chaotic, therefore its effectiveness was low and resulted in an excessive number of state targeted low quality programs in each of the branches of the national economy, that led to the dispersal of limited state resources. Most of these programs were underfunded or not fully funded.
The purpose, directions and priorities for the development of the neoindustrial economic development strategy are defined, taking into account the influence of external and internal factors. Instruments of the industrial policy should support the processes of neoindustrialization and scientific development, to stimulate investment and innovative activity of enterprises by reducing tax pressures and creating a favorable tax regime to attract investment. The list of modern mechanisms for stimulation of innovation and investment activity which are effectively used in the leading countries of the world is offered. The main mechanisms for financing the neoindustrial strategy are self-financing, investments, bank lending and state aid (tax benefits, grants, subsidies, etc.). The important tool for stimulating the processes of introducing resource-saving technologies in production is to increase environmental taxes and fees for the use of natural resources.
The expediency of using a set of classical mechanisms of State structural policy in view of Ukraine’s accession to WTO and signature of the association between Ukraine and the EU is justified. It is determined that the main tasks of state policy are to create a favorable investment climate that can provide a significant flow of investment and technology to Ukraine. In addition, it is necessary to create transparent rules for doing business and conducting a policy to protect domestic producers. The neoindustrial strategy must combine the model of “catching up modernization”, which is based on technological borrowings, and the model of innovation and technological breakthrough, which is based on its own “breakthrough” technologies and innovations.
Key words: neoindustrialization, economic development strategy, economic restructuring of national economy, structural imbalances, state industrial policy
