FORMATION OF POST-WAR ECONOMIC DEVELOPMENT MODEL BASED ON A REPRODUCTIVE APPROACH

Abstract

The paper highlights theoretical and methodological approaches to the formation of "catch-up development" model based on a reproductive approach, which is focused on ensuring economic growth through qualitative structural shifts occurring in the process of neo-industrialization of industry. It is emphasized that most modern economic concepts focus mainly on studying the sphere of circulation, while structural transformations in production often remain understudied. At the same time, it is the reproductive proportions that reflect the dialectical unity of the quantitative and qualitative content of economic dynamics, which allows to consider them as an objective indicator of progressive development. In a market environment, these proportions are expressed in the ratio between the volumes of final output and the price levels for factors of production. The necessity of using a reproductive approach for a clear distinction between the concepts of economic growth and development is substantiated: only a synchronous increase in production, labor productivity growth and an improvement in the organic structure of capital can be considered as a manifestation of true economic development based on new industrialization.

The author analyzes peculiarities of the reproductive process in the Ukrainian economy, where in the raw material sectors several cycles of capital reproduction have occurred over the past three decades, while most other industries were characterized by narrowed reproduction, which caused imbalances in the production structure. It is emphasized that in developed countries a gradual change in technological paradigms creates qualitative stages of labor productivity growth, while in Ukraine there is an objective need for state regulation of reproduction parameters. Such control is defined as an important component of industrial policy. The limitations of the mobilization innovation model oriented toward the VI technological paradigm are proven, and the feasibility of the accelerated development model based on new industrialization as an intensive form of the reproductive process is substantiated.