Prospects for the development of the knowledge economy of Ukraine as an actor of the "semi-periphery" of Europe

Keywords: semi-periphery, economic development, Europe, human capital, innovation, knowledge economy, core

Abstract

In the XXI century. the economic development of countries depends on the increasing role of the human factor in reproduction processes, as well as on the ability to generate innovative transformations. Therefore, examining the patterns of formation, distribution and functioning of the people's wealth, it can be argued that together with knowledge, human capital forms a new type of economy - the knowledge economy, which is the highest stage in the development of the post-industrial and innovative economy. The subject of research of the article is the formation of the knowledge economy as a new key factor in the development of national economies. The goal of this work is to analyze the factors of development of the Ukrainian economy as an actor of the "semi-periphery" of Europe. Task is to study the state and development prospects of the semi-periphery of Europe on the example of Ukraine. The article uses general scientific methods: the study of the development of economic processes was carried out on the basis of the method of scientific abstraction, general and partial. The most common scientific methods of cognition during this research: historical and logical method, analysis, synthesis, method of quantitative and qualitative comparisons, statistical method, economic and mathematical modeling. The following results were obtained: the statistical data characterizing the level of economic development of the semi-periphery countries of Europe and the state of Ukraine were systematized and analyzed, the coefficient of intra-industry international specialization was calculated. The systemic factors that have the greatest influence on the functioning and progress of the economy of the semi-periphery countries have been determined. The problems that hinder the development of semi-periphery actors on the example of Ukraine are highlighted and ways to overcome the shortcomings are proposed. Conclusions: it is advisable to use the results of the work in the domestic and foreign economic activity of countries as recommendations for determining the priority direction of development.

Downloads

Download data is not yet available.

References

Gholikov A. P. (2009) Ekonomiko-matematychne modeljuvannja svitoghospodarsjkykh procesiv : navch. Posib [Economic and mathematical modeling of world economic processes : tutorial]. Kyiv: Znannja. (in Ukrainian).

Petty W. (1940) Ekonomicheskie i statisticheskie raboty [The Economic Writings of Sir William Petty]. Moscow: Sotsekgiz. (in Russian)

Ricardo D. (1995) Sochineniya. Tom 1. Nachala politicheskoy ekonomii i nalogovogo oblozheniya [The Works. Volume 1, On the Principles of Political Economy and Taxation]. Moscow: Gospolitizdat. (in Russian)

Smith A. (1956) Issledovanie o prirode i prichinakh bogatstva narodov [The Wealth Of Nations]. Moscow: Sotsekgiz. (in Russian)

Ekonomichna statystyka / Zovnishnjoekonomichna dijaljnistj [Economic statistics / Foreign economic activity]. Derzhavna sluzhba statystyky Ukrajiny [State Statistics Service of Ukraine]. Available at: http://ukrstat.gov.ua/operativ/menu/menu_u/zed.htm (accessed 31 October 2020).

Ekonomichna statystyka / Nauka, tekhnologhiji ta innovaciji [Economic statistics / Science, technology and innovation] Derzhavna sluzhba statystyky Ukrajiny [State Statistics Service of Ukraine]. Available at: http://www.ukrstat.gov.ua/operativ/menu/menu_u/ni.htm (accessed 31 October 2020)

Ghrojsman V. (2018) Strateghija innovacijnogho rozvytku Ukrajiny na period do 2030 roku [The strategy of innovative development of Ukraine for the period up to 2030] (Governmental portal). Available at: https://www.kmu.gov.ua/npas/pro-shvalennya-strategiyi-rozvitku-sferi-innovacijnoyi-diyalnosti-na-period-do-2030-roku (accessed 31 October 2020).

Becker G. S. (1962) Investment in Human Capital: A Theoretical Analysis. The Journal of Political Economy, vol. 70, no 5, рp. 9 – 49.

Central Intelligence Agency. The World of Factbook. Available at: https://www.cia.gov/library/publications/the-world-factbook/geos/xx.html (accessed 31 May 2020).

Trading Economics. Employment Rate. Available at: https://tradingeconomics.com/country-list/employment-rate (accessed 31 May 2020).

The World Bank (2019) Foreign Direct Investment 2019. Available at: https://data.worldbank.org/indicator/BX.KLT.DINV.CD.WD (accessed 6 June 2020).

Global Innovation Index (2019). Available at: https://nonews.co/wp-content/uploads/2019/08/gii2019.pdf (accessed 6 June 2020).

United Nations Development Programme (2019) Human Development Report Available at: http://hdr.undp.org/sites/default/files/hdr2019.pdf (accessed 6 June 2020).

International Monetary Fund. IMF COUNTRY INFORMATION. Available at: https://www.imf.org/en/countries#U (accessed 6 June 2020).

Jamrisko M., Lu W. (2020) Bloomberg Innovation Index. Bloomberg. Available at: https://www.bloomberg.com/news/articles/2020-01-18/germany-breaks-korea-s-six-year-streak-as-most-innovative-nation (accessed 31 October 2020).

World Economic Forum (2019) The Global Competitiveness Report Available at: http://www3.weforum.org/docs/WEF_TheGlobalCompetitivenessReport2019.pdf (accessed 6 June 2020).

World Population Review (2020) Total Population by Country 2020. Available at: https://worldpopulationreview.com/countries/ (accessed 6 June 2020).

Trading Economics. Unemployment Rate. Available at: https://tradingeconomics.com/country-list/unemployment-rate?continent=europe (accessed 6 June 2020).

Wallerstein I. (2007) The modern world-system I: capitalist agriculture and the origins of the European world-economy in the sixteenth century. New York: Academic Press.

Published
2020-12-28
Cited
How to Cite
Kazakova, N., & Miroshnyk, N. (2020). Prospects for the development of the knowledge economy of Ukraine as an actor of the "semi-periphery" of Europe. The Journal of V. N. Karazin Kharkiv National University. Series: International Relations. Economics. Country Studies. Tourism, (12), 129-139. https://doi.org/10.26565/2310-9513-2020-12-13