MECHANISMS OF STATE REGULATION OF FOREIGN ECONOMIC ACTIVITY

Abstract

It is noted that an important reason for most failures in the functioning of the Ukrainian economy and its reform is the weakness of government institutions: lack of political will and professionalism, uncertainty and even illiteracy of decisions, inaction and sometimes direct sabotage in their implementation. The merger of power structures with the private business sphere is a common phenomenon for today's Ukraine. All this can not but have a negative impact on the nature and development of the Ukrainian economy. The relationship between the level of market freedoms and the scale of state regulation depends on a number of factors: the national importance of certain enterprises and complexes, the situation in which the country finds itself, the goals pursued by the state. In general, today this ratio mainly depends on the nature of the government's economic policy. It is determined that the political and economic interests of the country dictate the preservation of the principle line on the openness of the economy, ensuring free interaction of domestic economic entities with the outside world. However, the focus on openness cannot remain the only defining component of the country's foreign economic policy. Its arsenal should include measures aimed at protecting national production and the domestic market from adverse external influences. Ukraine must secure its rightful place in the emerging multipolar world. The market transformations that have taken place in Ukraine over the last decade have not lived up to the expectations of the country's public. It was not the very idea of reforming the economy that failed, not the objective need for market reforms, but the strategy and tactics, methods and techniques of transformation. However, contrary to various dogmas, the best is the economic system, which provides, taking into account historical, political and economic circumstances, optimal efficiency, in which economic goals are harmoniously combined with the real conditions and social goals of the state.