Prospects and Risks of the Mining Industry in Ukraine in the Context of Sustainable Development

Kovalchuk Viktor A. () and Korotkiy Vyacheslav Yu. ()
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Kovalchuk Viktor A.: Kryvyi Rig National University
Korotkiy Vyacheslav Yu.: Kryvyi Rig National University

Business Inform, 2013, issue 8, 155_160

Abstract: The article considers growth of expenditures of enterprise operation, resource nationalism, necessity of a complex development of the Earth interiors as important factors of prospective development of the mining industry of Ukraine. It justifies that development of the mining industry in future should be accompanied with strengthening of the regulatory role of the state. It states that Ukraine should make maximum efforts for creation of favourable conditions for business within the state and stimulate return of capital into the national economy. Only this would help to avoid economic dependence, to become an equal player in the world market of metal intensive products, to protect national interests and to preserve the existing resource potential for future generations.

Keywords: mining industry; GTA; re-formatted globalism; resource nationalism; sustainable development; complex development of the Earth interiors (search for similar items in EconPapers)
Date: 2013
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