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Mazaraki A., Mel’nyk T. Strategija neoindustrial’nogo importozamishhennja v Ukrai’ni. Visnyk Kyi’vs’kogo nacional’nogo torgovel’no-ekonomichnogo universytetu. 2021. № 5. P. 4-33.

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DOI: http://doi.org/10.31617/visnik.knute.2021(139)01

UDC 338.242.2(447)
JEL Classification: Е23; F13; O11; О14

MAZARAKI Anatoliy,
Doctor of Economics, Professor, rector
of the Kyiv National University of Trade and Economics
Kyoto str., 19, Kyiv, 02156, Ukraine
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ORCID: 0000-0001-5283-8444
 
МЕLNYK Tetiana,
Doctor of Sciences in Economics, Professor, Head of the Department of International Management
of Kyiv National University of Trade and Economics;
19, Kyoto str., Kyiv, 02156, Ukraine
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ORCID: 0000-0002-3839-6018

NEO-INDUSTRIAL IMPORT SUBSTITUTION STRATEGY IN UKRAINE

Background. The high level of the country’s dependence on imports of goods and services leads to significant vulnerability of its economy to market fluctuations, adverse price trends in the world market and threatens the competitiveness of domestic production and exports.
The analysis of recent research and publications reveals that the problems of import contribution to the process of commodity saturation of Ukraine’s domestic market, structural changes identification, strategic priorities and institutional transformations in the state implementation of import substitution policy need in-depth study.
The aim of this paper is to study implementation possibilities of the strategy of neo-industrial import substitution in the economy of Ukraine.
Materials and methods. Modern scientific concepts, theoretical work on development and analysis of internal market functioning, statistical data are theoretical and methodological basis of this paper. Methods of statistical analysis, synthesis, grouping and graphical representation of the results were used to achieve the research purpose and implementation of the tasks.
Results. The concept of neo-industrial import substitution is considered. The present state of Ukraine’s domestic market development and foreign trade is analyzed, the determinants of import dependence of Ukraine’s economy are defined. Thus, problematic issues of institutional support for the implementation of neo-industrial import substitution strategy in Ukraine are outlined, the proposals for its realization are made.
Conclusion. Thus, we believe thatit is necessary to overcome barriers (organizational, institutional, technological) that hinder the implementation of neo-industrial economy model for realization of neo-industrial import substitution strategy in Ukraine. It provides performance of a set of conditions: the formation of a favorable institutional regime for the development of import-substituting productions, purposeful outing to the institutional trajectory of neo-industrial development, the formation of necessary institutional environment with general economic program development of neo-industrial import substitution.
Keywords: foreign trade, import, domestic market, import substitution, import dependence, neo-industrial import substitution, structure of import use.

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