PROSPECTS AND DISADVANTAGES OF UKRAINIAN COMPETITIVENESS FORMATION IN CONDITIONS OF SUSTAINABLE DEVELOPMENT

Abstract

The disadvantages of the competitiveness formation of Ukraine's economy are identified. Tracking negative and positive trends in the economic sphere, identifying major disadvantages and threats to economic security, identifying prospects is particularly relevant from both scientific and practical points of view. This article examines the key threats to economic development in the context of globalization, long-term impact of which reduces investment attractiveness, competitiveness and prevents sustainable development, which significantly weakens Ukraine's global position. The importance of ensuring the economic security of the state and counteracting corruption threats as a priority area of activity has been proved. The anti-corruption measures of other countries were considered, the impact of threats to the economic security of the state was assessed. It is substantiated that the current conditions for the development of state competitiveness, due to new challenges and threats, need to improve and implement new countermeasures. As a result of the research, recommendations were formulated according to the priorities of institutional transformations and the formation of the state's competitiveness strategy. The experience of the United States and European countries should be adopted by Ukraine and the Ukrainian people in order to build a competitive national economy. The country needs to be rebuilt, to build a sustainable development economy in which there will be no room for outdated corruption rules and laws. Ukraine will join the European Union sooner or later, will have improved trade conditions, investment conditions and resources. Accelerated development of mankind is achieved by the formation of individualization of an enterprise and a man, the disclosure of their growing potential, reputational uniqueness in the process of self-affirmation. These processes must take place in the conditions of sustainable development, natural and social environment that nourish the development of mankind, "grind" communication links, form a new paradigm of competitiveness. Keywords: competitiveness, economic security, competition, corruption, lobbying, bureaucracy, economy, threats, globalization, state regulation, sustainable development.