State Regulation in Foreign Economic Activity of Cement Industry of Ukraine

Abstract

Abstract To specify the problems and priorities of state regulation of foreign economic activity (FEA) of cement industry enterprises of Ukraine, it is proposed to use the tool for assessing the state of FEA of cement industry enterprises, which is based on the expert method. The FEA development index of the cement industry is constructed with the usage of the method of expert assessments and analysis of the hierarchies of significance of each factor. Due to this, it was found that producers underestimate their own abilities to compete in foreign markets regarding the assortment structure, unsatisfactory financial condition, fierce competition and recession in foreign markets, especially traditional for Ukraine; unsatisfactory state policy of support of the development of the cement industry, in particular in terms of transparency of resource provision, assistance in updating the technical and technological base of the industry, the implementation of state infrastructure projects in Ukraine. On this basis, the priorities of state regulation of foreign economic activity of cement industry enterprises were determined by the following groups: sales, institutional and instrumental ones.