Export potential of the aviation complex and strategy of its development in the modern terms of the world economy
Journal Title: Економіка. Фінанси. Право - Year 2019, Vol 3, Issue
Abstract
Introduction. Under the conditions of globalization, export support is one of the directions of modern economic policy of foreign countries. In order to increase national competitiveness, economically developed and developing countries have significantly intensified the intensity and scope of state assistance to exports. For Ukraine, this issue is particularly relevant in view of its high level of foreign trade openness and in the context of the implementation of the Association Agreement with the EU. Purpose. The aerospace industry is one of the priority directions of development of the modern Ukrainian economy, therefore state support of the industry is needed. It should be noted that state support of the branch is insufficient, the branch needs strategic non-state investments. The latest news about the restoration of aviation equipment for the needs of the army eloquently shows the significant potential of the aircraft repair industry as a component of the aviation complex of Ukraine. Aircraft industry is one of the most profitable involved in international economic relations, and at the same time, the most capital intensive branches of mechanical engineering, as well as the budget-generating function of the aviation industry as a whole. Results. Infrastructure, technological equipment, management methods at serial aircraft manufacturing plants do not meet current market requirements. Therefore, in order to further develop the aviation potential, a strategy for the production of aviation engineering should be developed taking into account the state of the external market, available scientific and technical, production and financial potential in Ukraine. Conclusion. Тhe analysis shows the inadequate effectiveness of state regulation and protectionism in the aviation industry, since this market has such features as instability, low competitiveness. The requirements of integration into the world economic space dictate the need to ensure the unity of the technical basis and technology used in the air transport market. Most Ukrainian airlines need time and direct investment to meet the requirements of European norms and standards. This goal can be achieved by attracting finance to the Ukrainian economy, expanding production, including increasing the share of high-tech exports, liberalizing international trade, as well as reforming regulatory policy in accordance with world practice, including the corresponding technical standards that will be reflected in the competitiveness of the Ukrainian products in the international market.
Authors and Affiliations
Ganna Serhiivna Gurina
Keywords
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