Suprun O.
Doctor of Economic Sciences, Professor, Kharkov Trade-Economic Institute of
Kyiv National Trade-Economic University, Kharkov, Ukraine
THE MOVEMENT OF UKRAINE TO THE SOCIAL MARKET
ECONOMY AND THE PLACE OF ECONOMIC REGULATION AT THE
MODERN STAGE OF COUNTRY DEVELOPMENT
Introduction. At the end of the 20th century, at the beginning of the 21st century,
phenomenal shifts occurred in the global economic space: large regional structures
collapsed and new states emerged, which affected the development of new measures
and norms of behavior that national and supra-national institutions should follow in
these conditions.
On the political map of the world, one can trace real and hypothetical axes, centers
of influence, different poles, geopolitical situations with the intervention of a military
component, geopolitical expansionist aspirations, which provoke conflicts not only
regional but also global, spread. All these factors directly or indirectly affect the
functionality of the economy and world economic development.
But the practice of socio-economic interactions shows that the fundamental basis,
the source of human needs, remains the production, and therefore the interaction of
national economies takes place on the basis of a variety of industrial, economic and
political relations that are realized through trade, service provision, capital flows,
information exchange and the migration of workers strength
An important component of the process of globalization of the economy is the
fundamental transformation of economic regulation mechanisms towards the
establishment of an integrated regulatory system.
In the new world economic system of regulation, in particular, of production, trade
and the economy as a whole, it is necessary to develop those elements which are aimed
at accelerating the development and pace of innovation in countries that are at a lower
level. Such actions require the introduction of existing mechanisms, aimed not at
deflection from foreign competition, but in encouraging the growth of the
competitiveness of enterprises in less developed countries. This statement is fully
applicable to countries with economies in transition, and therefore interesting in our
opinion is the determination of Ukraine's place in the world economy and regulation
of its innovative capabilities for accelerated development [8].
Theoretical substantiation of views’ evolution on the subject of economic
science. The study of economic theory, methods of economic analysis, forms of
economic life allows you to get a comprehensive view of the economic life of society,
shapes the economic style of thinking, necessary for understanding life processes.
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