THE PRODUCTIVE CAPACITY OF COUNTRIES THROUGH THE PRISM OF SUSTAINABLE DEVELOPMENT GOALS: CHALLENGES TO INTERNATIONAL ECONOMIC SECURITY AND TO COMPETITIVENESS

Author:

Osaulenko O.,Yatsenko О.,Reznikova N.,Rusak D.,Nitsenko V.

Abstract

It is established that the competitiveness that is conditional on sets of institutions, policies and factors determining the country’s productivity transforms under the influence of challenges of sustainable development, which is reflected in international economic security strategies. The article’s objective is to investigate the compliance of the ideological foundations of the Sustained Development Goals with the assignment of productivity growth in countries. The research problem is to substantiate a stable causality between the Sustainable Development Goals and the economic security of countries and firms in the process of gaining new comparative advantages.The following research methods were used to achieve the objective and solve the problem covers a set of specific methods of empirical research, analysis and synthesis, abstraction, idealization, generalization and induction.The scientific novelty of the results is that the transformation potential of the sustainable development ideology and the resulting Sustainable Development Goals were investigated in the productivity context at macrolevel (country level) and mesolevel (firm level), which enabled: to establish the non-static nature of a comparative advantage under the influence of dialectic opposition of growth-based and development-based concepts in the economic security strategies of countries; to identify the increasing productive capacity as the fundamental interest of a country, going beyond the purely economic boundaries and overlapping with social, environmental and resource endowment dimensions; to classify the comprehensive development of a human, development of education and science, development of advanced machinery and technologies, science and technology progress, organizational and managerial improvements in the production as factors for development of productive forces.

Publisher

University of Banking of National Bank of Ukraine (Kyiv)

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