ENSURING THE SUSTAINABILITY OF THE ECONOMIC SYSTEM AS A FACTOR OF SUSTAINABLE DEVELOPMENT OF RAILWAY TRANSPORT ENTERPRISES

Анотація

Currently, in an unstable economic situation for each company to ensure sustainable operation. A significant proportion of enterprises focus on achieving sustainability and stability and achieve the outlined objectives through effective management in the implementation of an effective competitive development strategy. The problem of sustainable development of railway transport enterprises is relevant both in terms of forming effective mechanisms for ensuring the stability of the country's economy, and as a factor in adapting to global challenges. After all, transport, including rail, is the foundation of the modern economy. The functioning and development of all sectors of the economy, enterprises, their associations and complexes depend on its activities. One of the main forms of struggle for survival, an effective mechanism for selection and regulation in a market economy is competition. Competition is the competition between economic, market actors for markets in order to obtain the greatest profits. State intervention in the economy under conditions when the system is balanced and the structure of the economy – rational, becomes redundant. But within a real, not an idealized free market, when a person is confronted with reality, when state control is weakened, the economic system can be transferred from a state of resilience to instability, leading to imperfect competition. Unfortunately, a real market economic system can be stable for a long period of time only if the state intervenes in the economy. Thus, in the conditions of instability of development of global economic processes and directions of economic development the question of maintenance of stability of economic system remains the urgency. This leads to the need for the state to create economic incentives for all market participants in order to ensure their sustainability. Continuous and comprehensive optimization of business processes, improving the principles of management of structural units of the industry, focusing on improving the efficiency of transport production and maintaining competitiveness in the long run are among the main areas of sustainability of railway transport enterprises; implementation of the transition to innovative railway transport while maintaining the unity of management in all parts of the transportation process; maintaining competitiveness compared to other market participants; development and implementation of new organizational and technological solutions, etc.

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