Tetiana Bogolib


The formation of the economy based on knowledge-based innovative economy, new economy, at the present stage of social development is defining the international concept, according to which knowledge play a primary role, and their production is a source of economic growth and competitiveness. The economy is based on knowledge that provides a smart, sustainable and inclusive development. The purpose of the study. Showing that the implementation of the Strategy «Europe 2020», the main directions of the Fourth Industrial Revolution in the Ukraine will be able to provide smart, sustainable, inclusive development of the regions of Ukraine, will help to overcome the crisis and become a source for economic growth. Research methods. In the process of writing were used scientific methods, methods of analysis and synthesis, method of scientific abstraction. The results of the study. Macroeconomic instability has been transformed at the regional level, which led to the deepening of regions differentiation, particularly as it affected old industrial regions, including Donetsk and Luhansk. The crisis of public finances does not allow attracting of financial resources for economic development. As a result of hybrid war, the outflow of foreign investment amounted to 12.6 billion dollars USA. A significant part of the Donetsk and Luhansk regions is completely destroyed. Along with this, it's perfect conditions in order to abandon the old and build new. There are all conditions to implement actively the European strategy «Europe 2020» and the main directions of the Fourth Industrial Revolution to a new stage of economic development, and ensure smart, sustainable and inclusive development of the regions of Ukraine. Conclusions and discussion position. The future of Ukraine and its regions depends on the activity of the Strategy «Europe 2020» and the main directions of the Fourth Industrial Revolution. In Ukraine, in the regions, the main emphasis is on export-oriented industries: coal, metallurgical, chemical, machine-building industry. Technically they are 3 and 4 technological structures, so they cannot become the breakthrough sectors of the Ukrainian economy, so the main emphasis should be on smart, sustainable and inclusive development.

How to Cite

Bogolib, T. (2016). ENSURING SMART, SUSTAINABLE, INCLUSIVE DEVELOPMENT OF THE REGIONS OF UKRAINE IN THE CONDITIONS OF STRUCTURAL CRISIS. Baltic Journal of Economic Studies, 2(3), 10-16. https://doi.org/10.30525/2256-0742/2016-2-3-10-16
Article views: 368 | PDF Downloads: 66



smart growth, sustainable development, inclusive growth, differentiation of regions, the Fourth Industrial Revolution.


Bogolib, T.M. (2015). Disparities of regional development in Ukraine. European Cooperation in 2015, No. 7, p. 9-25.

Davos-2016: the revolution of the future and the challenges of the present. Retrieved from: http:/ru.evronews.com/2016/01/19/what-is-the-4th-industri-al-revolution.

Europe 2020. Smart growth. Retrieved from: http://rpp.nashaucheba.ru/does/index-44576.

For the restoration of Luhansk region will require more than UAH 3 billion. Retrieved from: http://telegraf.com.ua/biznes/economika.

In the Donetsk region damaged and destroyed more than 10 thousand objects. Retrieved from: http://news.mail.ru/inworld/ukraine/incident/21179530/?frommail=1.

Key figures for the 2006-2016 financial condition (the first half) years. Retrieved from: http:/minfin.gov.ua/control/uk/publish.

Krainik, O.P. (2002). Economic development the region: monograph. Lviv: Liga-press, 294 p.

Kyiv Smart City. Retrieved from: http://dreamkyiv.com/category/novini/kyiv-smart-sity.

Peshkov, L. (2004). Ekonomichne zrostannya v Ukrayini: regionalnyj vymir: monografiya. Cherkasy, 272 p.

The Fourth Industrial Revolution. Retrieved from: http://vol-foto.int.ua/pagsi/istomist/statti/2016rik/dm160204.

The Fourth Scientific Revolution. Retrieved from: http://moyaosvitacom.ua/filosofija/chetverta-naukovarevolyuciya.

The main budget parameters – 2016. Retrieved from: http://minfin.gov.ua/control/uk/publish/article?art_id=408887

The main indicators of economic and social development of Ukraine 2015- 2016 (first half) years. Retrieved from: http://Minfin.gov.ua.

The new European strategy «Europe 2020». Retrieved from: http://eulaw.ru/content/.

The new Ukrainian five – year plan. Retrieved from: http://economics.lb.ua/state/2010/09/11/64675_novaya_


The outflow of deposits. Retrieved from: http://news.mail.ru/inworld/ukraine/economics/21216177/.

Vinnitsa is included in the UN project for development of «smart» cities. Retrieved from: http://www.myvin.com.ua/ru/news/events/32317.