Competitiveness in the Context of the Reproductive Structure Contradictions of the World Countries’ Economies

T. Deineka () and N. Bazavluk ()
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T. Deineka: Poltava University of Economics and Trade
N. Bazavluk: Poltava University of Economics and Trade

Economics of Development, 2013, vol. 67, issue 3, 34-38

Abstract: The specificity of interdependence and contradiction of macroeconomic competitiveness formation determined by the condition and dynamics of the reproductive structure of GDP are defined. Current trends in reproductive structure of GDP of leading countries, countries with transitional economy and developing countries are investigated. It is proved that sustainable economic growth under the global competition is only possible with an innovation-oriented economic model. It is determined that the ability of a society to produce and implement innovations is directly related to the accumulation of capital and the proportions of the GDP reproductive structures. The necessity of providing an optimal balance between capital consumption and accumulation in the reproductive structure of GDP as the prerequisites of the country’s competitiveness formation through innovation is substantiated

Keywords: national competitiveness; reproductive structure of GDP; consumption; capital accumulation; economic contradictions (search for similar items in EconPapers)
Date: 2013
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