Economics and Business Management

Competitiveness of the national economy of Ukraine

Vitalina Antoshchenkova, Tetiana Gutsul, Tetiana Hliаn, Maksym Deineha, Dmytro Gnatko
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Abstract

The article analysed the competitiveness of the Ukrainian economy, according to the World Economic Forum (WEF) Global Competitive Index and Institute of Management Development (IMD) World Competitiveness Ranking. The competitiveness of Ukraine’s national economy is a key factor in its integration into the global economic community and in ensuring sustainable development. The purpose of the research was to comprehensive analyse the competitiveness of Ukraine’s economy according to the WEF Global Competitiveness Index and the IMD World Competitiveness Ranking, as well as identifying internal and external factors and substantiating practical recommendations for increasing the competitiveness of the national economy of Ukraine. The methodological basis of the study of the competitiveness of the national economy of Ukraine allowed for a comprehensive analysis and assessment based on international indicators. This might help identify key aspects that should be paid attention to in order to increase Ukraine’s competitiveness on the global stage. The study identified the main challenges facing Ukraine, in particular corruption, slow introduction of innovations. The article focused on the importance of state policy in the fight against corruption, stimulating the development of innovations and improving the quality of education, which are essential conditions for strengthening competitiveness. Special attention was paid to the impact of globalisation processes and international cooperation on Ukraine’s competitive advantages. The study concluded that only a comprehensive approach that combines economic, social, technological and environmental aspects will allow Ukraine to increase its competitiveness in the international market, improve the well-being of the population and ensure sustainable economic development. The practical significance of the study was to develop scientifically based recommendations for government agencies, businesses, and other stakeholders to increase the competitiveness of the national economy

Keywords

globalisation; innovation; human capital; sustainable development; risks

Suggested citation
Antoshchenkova, V., Gutsul, T., Hliаn, T., Deineha, M., & Gnatko, D. (2026). Competitiveness of the national economy of Ukraine. Economics and Business Management, 17(2), 73-91. https://doi.org/10.31548/economics/2.2026.73
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