№ 8/2016

Ekon Ukr. 2016 (8): 26–43

УДК 338.45:338.2:330.837

JEL:

VYSHNEVSKYI Valentyn¹

¹Institute of Industrial Economics of the NAS of Ukraine, Research ID : http://www.researcherid.com/rid/S-2417-2016 https://publons.com/researcher/1749980/valentine-vishnevsky/
OrcID ID : https://orcid.org/https://orcid.org/0000-0002-8539-0444

GLOBAL NEOINDUSTRIALIZATION AND ITS LESSONS FOR UKRAINE

The modern tendencies to the neoindustrialization of national economies that is the priority development of the industry on the basis of a contemporary production, where the chains of supplies and the creation of value leave, as a rule, the state’s borders and are placed globally in correspondence to the competitive advantages of separate regions of the world, countries, and companies, are considered.
The author substantiates that the Ukrainian national economy belongs now to those economies that are guided by natural resources and depend critically on the world prices of those resources and the key rate of FRS of the USA: changes of the key rate affect es-sentially the long-term interest rates, exchange rate of a USA dollar, and prices of raw materials and, through them, the development of a national industry.
In order to avoid such critical dependence of Ukraine, it is necessary to ensure the fast development of the national industry by means of the copying and localization of leading European institutions and technologies, as well as the entry new foreign mar-kets. To make it, we need a targeted national industrial policy, which would be able to ensure the successful use of “windows of possibilities” to imitate and to localize the ad-vanced technological experience of more developed countries.
The following proposals as for the formation of the national industrial policy are developed:
– creation of a subject of the industrial policy in the form of a special national body of strategic planning, which will act on the principles of an independent regulating agency and will form “long-term” “rules of game” brought outside the current political directives and electoral preferences;
– gradual formation of a “biological” diversity of enterprises (small, medium, and great ones in various types of processing industry), which will compose the “complete” national industrial system;
– realization of state’s measures as for the allocation of “cheap” money related to leading productions and the implementation of a tax policy of the matrix type with the orientation to taxes, which are neutral on the whole, but are favorable for innovations.

Keywords:neoindustrialization, industry, industrial policy, national economy, developing state, evolutionary economic theory, institutional medium, regulation of innovative development

Article original in Ukrainian (pp. 26 - 43)	Download	Downloads :223
Article original in Russian (pp. 26 - 43)	Download	Downloads :292

The article was received by the Editorial staff on July 19 , 2016

References
1. Ellram L.M., Tate W.L., Petersen K.J. Offshoring and Reshoring: An Update on the Manufacturing Location Decision. J. of Supply Chain Management, Vol. 49, No. 2, pp. 14–22.
2. Cameron D. World Economic Forum (Davos) 2014: speech by David Cameron, available at: www.gov.uk/government/speeches/world-economic-forum-davos-2014-speech-by-david-cameron--2.
3. Bhattacharya A., Bruce A., Agrawal S. Future of Indian Manufacturing: Bridging the Gap. The Boston Consulting Group, Confederation of Indian Industry, 2015.
4. Bhagwati J. India or China? Available at: www.project-syndicate.org/commentary/india-or-china.
5. Hulsmann M., Pfeffermann N. (eds.). Strategies and Communications for Innova-tions. An Integrative Management View for Companies and Networks. New York, Springer, 2011.
6. Guadagno F. Industrial Policies in Lower-Middle-Income Countries. E15 Initiative. Geneva, International Centre for Trade and Sustainable Development (ICTSD) and World Economic Forum, 2015.
7. Lee K. Industrial policies for upper-middle-income countries. Geneva, Interna-tional Centre for Trade and Sustainable Development (ICTSD) and World Economic Fo-rum, 2015.
8. Weiss J. Industrial policy in high-income economies. Geneva, International Centre for Trade and Sustainable Development (ICTSD) and World Economic Forum, 2015.
9. Volpi V., Maccei F. Aziatskaya ekonomicheskaya model’ i Zapad: revansh “vidi-moi ruki”, nauch. red. Yu.V. Taranukhi [Asian Economic Model and the West: Revenge of the “Visible Hand”], edited by Yu.V. Taranukha. Moscow, Galleya-Print, 2012 [in Russian].
10. Reinert E. Kak Bogatye Strany Stali Bogatymi, i Pochemu Bednye Strany Osta-yutsya Bednymi [How Rich Countries Got Rich and Why Poor Countries Stay Poor]. Moscow, High. School of Economics, 2011 [in Russian].
11. Heyets V.M. Bar’ery na shlyakhu rozvytku promyslovosti na innovatsiinii osnovi ta mozhlyvosti ikh podolannya [Barriers on а way of development of the industry on the innovative basis and possibilities to overcome them]. Ekonomika Ukrainy – Economy of Ukraine, 2015, No. 1, pp. 4–25 [in Ukrainian].
12. Zhalilo Ya.A. Promyslova Polityka yak Chynnyk Pislyakryzovogo Vidnovlennya Ekonomiky Ukrainy, za red. Ya.A. Zhalila [Industrial Policy as a Factor of the Postcrisis Recovery of Ukraine’s Economy], edited by Ya.A. Zhalilo. Kyiv, Nat. Inst. Strateg. Stud-ies, 2012 [in Ukrainian].
13. Kvasnyuk B.E., Kireev S.I., Bolkhovitinova O.Yu. et al. Konkurentospromozhnist’ Natsional’noi Ekonomiky, za red. B.E. Kvasnyuka [Competi-tiveness of the National Economy], edited by B.E. Kvasnyuk. Kyiv, Fenix, 2005 [in Ukrainian].
14. Kindzers’kyi Yu. Ekonomichnyi rozvytok i transformatsiya promyslovoi polityky u sviti: uroky dlya Ukrainy [Economic development and а transformation of the industrial policy in the world: lessons for Ukraine]. Ekonomika Ukrainy – Economy of Ukraine, 2010, No. 6, pp. 14–22 [in Ukrainian].
15. Yakubovs’kyi M., Novyts’kyi V., Kindzers’kyi Yu. Kontseptual’ni osnovy strate-gii rozvytku promyslovosti Ukrainy na perіod do 2017 roku [Conceptual foundations of the strategy development of Ukraine’s industry in the period till 2017]. Ekonomika Ukrainy – Economy of Ukraine, 2007, No. 11, pp. 4–20 [in Ukrainian].
16. Vyshnevs’kyi V. Promyslova polityka: teoretychnyi aspekt [Industrial policy: theoretical aspect]. Ekonomika Ukrainy – Economy of Ukraine, 2012, No. 2, pp. 4–15; No. 3, pp. 25–35 [in Ukrainian].
17. Dawkins R. The Selfish Gene. New Uork, Oxford Univ. Press, 1976.
18. Vishnevskii V.P., Dement’ev V.V., Gurnak A.V. et al. Evolyutsionnoe Razvitie Nalogovykh Sistem: Teoriya i Praktika, pod red. V.P. Vishnevskogo [Evolution Develop-ment of Tax Systems: Theory and Practice], edited by V.P. Vishnevskii. Donetsk, Inst. of Industr. Economy of the NASU, 2014 [in Russian].
19. Dopfer K., Potts J. The General Theory of Economic Evolution. London, New York, Routledge, 2008.
20. Lyons J.A. A “culture of impunity”. Corruption may send Ukraine back to Russia, available at: www.washingtontimes.com/news/2016/jul/10/corruption-may-send-ukraine-back-to-russia/.
21. Korablin S. Velyka depresiya. Ukraina [Great Depression. Ukraine]. Dzerk. Tyzhnya – Week’s Mirror, August 21, 2015, available at: gazeta.dt.ua/macrolevel/velika-depresiya-ukrayina-_.html [in Ukrainian].
22. Bershidsky L., Board E., Wilkinson F., Levine M., Board E. Ukraine’s Free Trade Deal Was Just a Start, available at: www.bloomberg.com/view/articles/2016-05-11/ukraine-s-free-trade-deal-with-the-eu-was-just-a-start.
23. Dement’ev V. Dogonyayushchee razvitie cherez prizmu teorii “dlinnovolnovoi” tekhnologicheskoi dinamiki: aspekt “okon vozmozhnostei” v krizisnykh usloviyakh [The overtaking development through a prism of the theory of “long-wave” technological dy-namics: aspect of “windows of possibilities” under crisis conditions]. Ross. Ekonom. Zhurn. – Russ. Econ. J., 2009, No. 1-2, pp. 34–48 [in Russian].
24. Criscuolo A., Palmade V. Reform teams: How the most successful reformers or-ganized themselves. World Bank Note, 2008, No. 318.
25. Gumede W. Comparative development planning. Development Planning Divi-sion. Working Paper Series, 2009, No. 8.
26. Vishnevskii V.P., Amosha A.I., Zbarazskaya L.A., Okhten’ A.A., Cherevatskii D.Yu. Promyshlennaya Politika i Upravlenie Razvitiem promyshlennosti v Usloviyakh Sistemnykh Disbalansov: Kontseptual’nye Osnovy, pod obshch. red. V.P. Vishnevskogo, L.A. Zbarazskoi [Industrial Policy and Management of the Development of the Industry under Conditions of System Disbalances: Conceptual Bases], edited by V.P. Vishnevskii, L.A. Zbarazskaya. Donetsk, Inst. of Industr. Economy of the NASU, 2013 [in Russian].
27. Gilardi F. Delegation in the Regulatory State. Independent Regulatory Agencies in Western Europe. Cheltenham, UK, Northampton, MA, USA, Edward Elgar Publisher, 2008.
28. Shapiro М. The problems of independent agencies in the United States and the European Union. J. of European Public Policy, 1997, Vol. 4, No. 2, pp. 276–277.
29. Hodgson G. The mystery of the routine. The Darwinian destiny of an evolution-ary theory of economic change. Revue economique, 2003, Vol. 54, No. 2, pp. 355–384.
30. Chen C.-Y., Lin Y.-L., Chu P.-Y. Facilitators of national innovation policy in a SME-dominated country: A case study of Taiwan. Innovation, 2013, Vol. 15 (4), pp. 405–415.
31. Bruck N. Future Role of National Development Banks in the Twenty First Cen-tury. United Nations. Department of economic and social affairs. Financing for Develop-ment Office, 2005.
32. Matyushin A.V., Aborchi A.V. Natsional’nye banki razvitiya kak instrument obe-specheniya neoindustrial’nogo rosta [National banks of development as a tool of support of the neoindustrial growth]. Ekonom. Promysl. – Econ. of Industry, 2016, No. 1 (73), pp. 17–42 [in Russian].
33. Pellegrin J., Giorgetti M.L., Jensen C., Bolognini A. EU industrial policy: assess-ment of recent developments and recommendations for future policies. European Parlia-ment. Directorate General for Internal Policies. Policy Department A: Economic and Sci-entific Policy, 2015.
34. Mankiw N.G., Weinzierl M., Yagan D. Optimal taxation in theory and practice. J. of Economic Perspectives, 2009, Vol. 23, No. 4, pp. 147–174.
35. Mazur Yu.O. Perspektyvy podatkovogo stymulyuvannya NDDKR v Ukraini: dosvid innovatsiino rozvynutykh krain [Perspectives of the tax stimulation of R&D in Ukraine: experience of innovatively developed countries]. Ekonom. Promysl. – Econ. of Industry, 2016, No. 2 (74), pp. 33–48 [in Ukrainian].