Public Sector in the Transformation Economy of Ukraine: Macroeconomic Analysis

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Yuliia Samborska-Muzychko
Iryna Parasii-Verhunenko
Oksana Pashchenko
Liubov Budniak
Oksana Salamin
صندلی اداری


The purpose of the article is to study the conditions and prospects for the development of the state sector of the Ukrainian economy and to determine the functions and tasks of state-owned enterprises in a transformational economy. The information base of the empirical research is the data of the official website of the Ministry of Economic Development, Trade and Agriculture of Ukraine for 2014-2020. The methodological and methodical sources lie in the provisions of the economic code, the Classifier of institutional sectors of the economy. In the course of the research, the following methodological techniques were used as a comparison, modeling, series of dynamics, grouping, structural-dynamic, and coefficient analysis. The necessity of improving the existing regulatory mechanisms of transformation from state institutions and the development of new effective approaches to the functioning of the system of state entrepreneurship, which takes into account the features of the transformational economy and is based on international experience in building modern market relations and mechanisms for increasing the efficiency of the economic system, has been substantiated. The dynamics of the public sector share in the country's economy is analyzed, and the possible causes and consequences of these structural and dynamic changes are characterized. The results of the study are the proposed classification of types from state-owned enterprises, which is the basis for differentiating their functions and tasks depending on the goals of education, the characteristics of the activity, the structure of ownership, and the strategic priorities of the country's development. The necessity of the state-owned enterprises' sector reforming in the context of global integration is substantiated, as well as general directions and tools for implementing the reform of state-owned enterprises. 


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Integration System of Education, Science and Production
Author Biographies

Yuliia Samborska-Muzychko , Kyiv National Economic University named after Vadim Hetman

Candidate of Economic Sciences, Associate Professor of the Department of Accounting in Credit and Budgetary Institutions and Economic Analysis. Senior Researcher, Department of Finance of Institutional Sectors of Economics, Department of Public Finance Management, NFI DNNU "Academy of Financial Management"

Iryna Parasii-Verhunenko, Kyiv National Economic University named after Vadim Hetman

Doctor of Science (Economics), Professor of Accounting Department of Credit and Budgetary Institutions and Economic Analysis. The State higher economic establishment «Vadym Hetman Kyiv National Economic University». She teaches disciplines: Strategic Analysis, Economic Analysis, Corporate Analysis and Business Diagnostics. Scientific interests: The economic Analysis in the management of the enterprise,  Strategic Analysis, Corporate Analysis and Business Diagnostics, Financial Analysis, International accounting, control and analysis practices. Author of more than 196 scientific works.

Oksana Pashchenko, National University of Life and Environmental Sciences of Ukraine

Candidate of Economic Sciences Associate Professor of  Economic Theory. Associate Professor of Economic Theory (Economic), Associate Professor of Economic Theory has been working at the Department of Economics National University of Life and Environmental Sciences of Ukraine. She teaches disciplines taught students have a bachelor's and master's degree. Has practical experience of the leading specialist in economic and financial issues at the enterprise "Velykosnitynka” Educational Research Farm named after O.V. Muzychenko. Scientific interests: Finance, Banking and Insurance, Economics.

Liubov Budniak, Podillia State University

Ph.D. in Economics, Associate Professor, Department of Finance, banking, insurance and electronic payment systems. She teaches disciplines taught investment analysis, project analysis, theory of economic analysis, economic analysis, analysis of economic activity. Has practical experience of the accountant of the city department of education of Kamyanets-Podilsky. Scientific interests: analysis and forecasting of financial and economic activity of the enterprise; аssessment of risks, attractiveness and effectiveness of investment projects.

Oksana Salamin, Stepan Gzhytskyi National University of Veterinary Medicine and Biotechnologies Lviv

Candidate of Science (Economics), Associate Professor at the Department of Enterprise Economics, Innovation and Advisory in the Agricultural Sector named after I. Popovich. She teaches disciplines taught: Regulatory policy in the agricultural sector, International business, Project analysis. Scientific interests: Regulatory policy in the agricultural sector of Ukraine, formation of agricultural market infrastructure, Market environment and marketing activities of agricultural enterprises. Author of more than 80 scientific works. Scopus ID 56786553800


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