Genesis of the economic system structural transformation theories

Abstract

The subject of research: a synthesis of theoretical approaches to the structuring of the economy as a methodological basis for the implementation of the state policy of effective structural transformations of national economy. The purpose of the article: is to analyze the evolution of theoretical approaches to the structuring of the economy and its grouping based on the identification of structural transformations factors. Methodology of the work: using the system and structural approach (to determine the essence of the concepts of the structure of the economy, structural transformation of the economic system); comparative analysis – in the process of systematization and grouping of theories. Results: approaches to the typology of theories of economy structural transformations are proposed. Conceptual approaches to the economy structuring and the tools for the implementation of structural transformations can serve as the criteria for this typology. The next groups of theories are recognized in the article: the theories of economic growth, the theories of sectoral, reproduction, technological, institutional, regional structure, as well as the theories of global transformations. Based on the identification of key factors in the national economy structuring, the relations between economic growth and structural changes have been determined. Conclusions: various approaches to structuring economy characterize an economic system as a formation with multiple structure, consisting of many interrelated and appropriately ordered in time, space etc. components (industries, regions, technological structures, institutional sectors, phases of social reproduction, etc.). The interrelation of economic growth and structural transformations is hidden in their interdependence. The nature and quality of economic growth is determined by the structural factors that cause it: due to technological breakthroughs, sectoral and reproductive transformations, and institutional changes. The reverse effect of economic growth on the structural transformation is the formation of the material prerequisites for the implementation of targeted measures to form an effective economic structure with a predominance of high–tech economic activities; to train highly qualified specialists; to develop new types of raw materials, to introduce new production technologies and forms of work organization, to develop new markets.

Authors and Affiliations

A. R. KHODZHAIN

Keywords

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  • EP ID EP463154
  • DOI 10.5281/zenodo.2555969
  • Views 97
  • Downloads 0

How To Cite

A. R. KHODZHAIN (2018). Genesis of the economic system structural transformation theories. Формування ринкових відносин в Україні. Збірник наукових праць, 12(12), 24-39. https://europub.co.uk/articles/-A-463154