Vectors of development of basic economic activities in Ukraine in conditions of full-scale war

Анотація

Russia’s full-scale armed aggression has caused significant destruction and loss of assets of Ukrainian enterprises, especially industrial, agricultural and commercial ones. The shift in the vectors of business activity in the real sector under the influence of the great war resulted in significant transformations of the structure of the national economy and social processes. The purpose of the article is to assess the dynamics and results of the basic economic activities in Ukraine and to outline the prospects for their further development. In this context, the author analyzes the current trends in production and sales, labor productivity and efficiency in the industrial, agricultural and trade sectors of the national economy, in comparison with the losses incurred by these sectors in the context of a full-scale war. It is established that despite the generally positive trends in the production of the most crops, the efficiency of agriculture in Ukraine has significantly decreased due to the reduction of the added value of agricultural enterprises. The author emphasizes the positive transformation of the structure of industrial and, in particular, metallurgical production, as well as Ukraine’s retention of high positions in the world ranking of the latter, despite the irreversible loss of production capacity in this industry segment. The changes in the export potential of the domestic processing industry are analyzed by production. The dynamic development of trade in Ukraine is diagnosed, which invariably occupies the largest share in the structure of sold products of economic entities by type of economic activity, and also demonstrates the highest indicators of value added, wages and the number of employees in the equivalent of full-time employment. The article reveals the predominance of the index of physical volume of retail trade turnover of retail trade enterprises (legal entities) over the index of physical volume of wholesale trade turnover, which was the result of the active development of retail and online sales. The prospects for the recovery and further development of the industry in Ukraine are outlined.

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