NATIONALLY ROOTED ECONOMIC DEVELOPMENT AS A LOCAL RESPONSE TO THE GLOBAL GEOECONOMIC SHIFTS

Abstract

The logical and historical conditionality and essence of the national rooting of economic development as a local response to global economic shifts are elucidated. It is revealed that the ongoing transition from the industrial-market to the information-network economy naturally leads to an increase in the unevenness of socio-economic development, exacerbates its contradictions, and gives rise to conflicts and wars. On this basis, a hybrid "peace-war" system forms, which naturally produces destabilizing influences and increases the uncertainty of economic dynamics. It is shown that the structure of total uncertainty includes existential, spatial, temporal, qualitative, quantitative and dimensional components. In such conditions, there is a need, in order to ensure the stability and security of economic development, to foster its national rooting by forming an extensive system of added value creation chains based on the use of domestic scientific and technical potential and processing of national raw materials resources, which Ukraine is sufficiently rich in. A share of added value of national origin, created using the national resources, in the total value of consumed final products is proposed as a quantitative criterion of the national rootedness of economic development. It is concluded that the post-war reconstruction of Ukraine's economy, which will take place under fundamentally new starting conditions, opens space for the use of nationally rooted development strategy. Such a strategy is neither isolationism nor protectionism, but a combination of internal inclusiveness, which relies on the mobilization of all internal factors, physical and social capital as sources of economic growth, and external inclusiveness, aimed at using globalization to advance the interests of national socio-economic development.