COAL INDUSTRY RESTRUCTURING: GLOBAL TRENDS AND CONDITIONS IN OUR COUNTRY
Journal Title: Вісник Київського національного університету імені Тараса Шевченка. Економіка. - Year 2014, Vol 8, Issue 161
Abstract
This paper examines the international experience of the restructuring coal mining industry. The paper highlights the issue of inefficiency public restructuring and features of its the implementation of developed countries. We established that phased approach in the implementation of the restructuring is the guarantee of successful completion of this reform. The main features of the restructuring according to a study is corporatization processes of vertical integration of coal enterprises, continuous state support, high environmental standards in the industry, creating a favorable investment environment, the availability of programs to support the population of mining regions, focus on clean coal technologies and maintaining of coal mining as a factor of energy security. The research identifies socio-economic implications reform: high levels of unemployment, fiscal deficits for coal mining industry, environmental issues. The study formulates measures to improve the investment activity to coal mining regions carrying out restructuring: tax holidays for coal industry enterprises, preferential bank loans, establishment scientific centers to develop measures aiming increase of environmental safety. The results of the study suggests using the algorithm of forming anti-crisis strategy for the restructuring of the coal industry of Ukraine, that it was created by a group of scientists of the International Institute for Sustainable Development.
Authors and Affiliations
Irina Pavlenko, Inna Tymсhenko
Keywords
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- EP ID EP404109
- DOI 10.17721/1728-2667.2014/161-8/2
- Views 58
- Downloads 0
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