State Support of the Metallurgical Industry in Developed and Developing Countries
Journal Title: Проблеми економіки - Year 2015, Vol 2015, Issue 1
Abstract
The aim of the article is to analyze the experience of developed and developing countries in terms of support of the metallurgical industry with a view to assessment of the possibility of applying it for improvement of the state regulation of the development of the Ukrainian metallurgical industry. The undertaken study allowed singling out primary scenarios for economic stimulation of the development of the metallurgical industry in different world countries. It was established that implementation of corresponding scenarios can be achieved by employing different means and tools. The authors also found that development and implementation of individual state regulation means are carried out in accordance with the objective and principles set out in the policy documents of the national and supranational levels. The authors considered the key strategic reference points for the development of the metallurgical industry in the countries with the world’s greatest volumes of steel production. The study allowed determining stimulation of the internal demand for the metallurgical products as the most reasonable for application in the domestic practice of state support of the metallurgical industry.
Authors and Affiliations
Serhii Antonenko, Igor Yaldin, Tatyana Kochetygova
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