State Policy to Stimulate National Competitiveness

Abstract

The main theoretical and methodological aspects of the state economic policy in the context of stimulating national competitiveness are analyzed. The purpose of the article is to reveal the latest trends in the state policy of promoting national competitiveness. The features of the formation and development of the state economic policy in the context of the latest global changes are revealed. Creating a competitive economy is one of the fundamental priorities of the system of national interests of Ukraine. It is found that the high level of competitiveness of the national economy in the context of globalization is a prerequisite for solving many macroeconomic problems. The methodological basis for the analysis of national competitiveness is the institutional approach. It is proved that national competitiveness is determined by a set of factors that can ensure the supply of goods and services based on the use of the latest technologies. An in-depth interpretation of national competitiveness as a category that characterizes the state of relations in the country related to ensuring conditions for a stable increase in the efficiency of the national economy, adequate to changes in the global situation and domestic demand based on the disclosure of national competitive advantages and achievement of the established macroeconomic parameters. It is concluded that a balanced state policy is designed to promote national competitiveness based on socio-economic balance, social efficiency and strategic macroeconomic targets. It was found that in order to increase the level of national competitiveness it is necessary to actively implement an innovative model of economic development. The vectors of implementation of a balanced state policy, designed to promote national competitiveness, are substantiated.