| Issue |
E3S Web Conf.
Volume 166, 2020
The International Conference on Sustainable Futures: Environmental, Technological, Social and Economic Matters (ICSF 2020)
|
|
|---|---|---|
| Article Number | 13014 | |
| Number of page(s) | 6 | |
| Section | Sustainable Economy | |
| DOI | https://doi.org/10.1051/e3sconf/202016613014 | |
| Published online | 22 April 2020 | |
Management of the national economy productivity: the experience of European integration
1
Cherkasy State Technological University, International Economic & Business Department, 460 Schevchenko Blvd., Cherkasy, 18006, Ukraine
2
Cherkasy State Technological University, Finance Department, 460 Schevchenko Blvd., Cherkasy, 18006, Ukraine
* Corresponding author: o.berezina@chdtu.edu.ua
Productivity and economic growth are key factors to maintain and improve the competitiveness of nations in the global market. The paper analyzes the impact of changes in labour productivity and its effect on the nation’s global competitiveness. The research focuses on the European Union countries and Ukraine that experienced the most severe crisis and afterwards the most rapid recovery in the post-crisis period. At the national level, sufficient productivity dynamics are supported by high levels of market competition, broad investment opportunities, and investment promotion. At the same time, the constant acceleration of the action and volatility of exogenous factors of economic development, qualitative transformations of endogenous factors determine the relevance of constant monitoring of the state of productivity and forecasting it for the medium and long-term periods.
© The Authors, published by EDP Sciences, 2020
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