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State Regulation in Foreign Economic Activity of Cement Industry of Ukraine Cover

State Regulation in Foreign Economic Activity of Cement Industry of Ukraine

Open Access
|Jun 2021

Abstract

To specify the problems and priorities of state regulation of foreign economic activity (FEA) of cement industry enterprises of Ukraine, it is proposed to use the tool for assessing the state of FEA of cement industry enterprises, which is based on the expert method. The FEA development index of the cement industry is constructed with the usage of the method of expert assessments and analysis of the hierarchies of significance of each factor. Due to this, it was found that producers underestimate their own abilities to compete in foreign markets regarding the assortment structure, unsatisfactory financial condition, fierce competition and recession in foreign markets, especially traditional for Ukraine; unsatisfactory state policy of support of the development of the cement industry, in particular in terms of transparency of resource provision, assistance in updating the technical and technological base of the industry, the implementation of state infrastructure projects in Ukraine. On this basis, the priorities of state regulation of foreign economic activity of cement industry enterprises were determined by the following groups: sales, institutional and instrumental ones.

DOI: https://doi.org/10.2478/mspe-2021-0027 | Journal eISSN: 2450-5781 | Journal ISSN: 2299-0461
Language: English
Page range: 215 - 226
Submitted on: Feb 1, 2021
Accepted on: May 1, 2021
Published on: Jun 24, 2021
Published by: STE Group sp. z.o.o.
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2021 Tetiana Topolnytska, Romana Matskiv, Oleh Yatsiuk, Oksana Savko, Bohdan Hryvnak, published by STE Group sp. z.o.o.
This work is licensed under the Creative Commons Attribution 4.0 License.