Мechanisms to support the activities of machine-building enterprises in crisis conditions

Тhe low favorability of machine-building enterprises to investments and adaptation to external and internal challenges and threats form the need to find effective mechanisms of functioning and development. The state, as an institution that has power, funds and other resources, in its activities is c...

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Bibliographic Details
Date:2024
Main Authors: Bryukhovetska, N., Bryl, I., Prykhodko, O.
Format: Article
Language:English
Published: Інститут економіки промисловості НАН України 2024
Series:Економічний вісник Донбасу
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Online Access:https://nasplib.isofts.kiev.ua/handle/123456789/203371
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Journal Title:Digital Library of Periodicals of National Academy of Sciences of Ukraine
Cite this:Мechanisms to support the activities of machine-building enterprises in crisis conditions / N. Bryukhovetska, I. Bryl, O. Prykhodko // Економічний вісник Донбасу. — 2024. — № 4 (78). — С. 12-18. — Бібліогр.: 39 назв. — англ.

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Digital Library of Periodicals of National Academy of Sciences of Ukraine
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Summary:Тhe low favorability of machine-building enterprises to investments and adaptation to external and internal challenges and threats form the need to find effective mechanisms of functioning and development. The state, as an institution that has power, funds and other resources, in its activities is capable of leveling and compensating the risks of uncertainty, promoting the expansion of the domestic market and using mechanisms to activate internal development resources. Ukraine's orientation towards the restoration of competitive machine-building industries in post-war conditions requires a balanced approach to understanding the new role of the state, the possibilities of using the necessary mechanisms and state support tools for domestic enterprises. A set of measures related to activities under martial law, creation of prerequisites for structural restructuring and post-war recovery of enterprises is provided. It ensures macroeconomic stability, supporting domestic demand, preserving industrial production and jobs on the territory of Ukraine, targeted use of foreign aid. Developments and research results can be used in the activities of state and regional government and management bodies, industrial enterprises, integrated structures, educational institutions in the formation and implementation of industrial policy, determination of state priorities and development mechanisms, consolidation of internal national resources, restoration and modernization of industrial production according to conditions of the mobilization economy. In the future, the development of various scenarios for the development of machine-building enterprises is provided in accordance with the methods and mechanisms of state participation, the necessary resources, risks and consequences for industry, the domestic market and business. The development of proposals will contribute to the post-war structural restructuring of industry.