Management of the national economy productivity: the experience of European integration

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 an...

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Main Authors: Petkova Lesia, Berezina Olena, Honcharenko Iryna, Berezhna Lesya, Marushchak Dariia
Format: Article
Language:English
Published: EDP Sciences 2020-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/26/e3sconf_icsf2020_13014.pdf
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spelling doaj-a42cda4b0b58430ab1b48a3767ee36f82021-04-02T14:02:36ZengEDP SciencesE3S Web of Conferences2267-12422020-01-011661301410.1051/e3sconf/202016613014e3sconf_icsf2020_13014Management of the national economy productivity: the experience of European integrationPetkova Lesia0Berezina Olena1Honcharenko Iryna2Berezhna Lesya3Marushchak Dariia4Cherkasy State Technological University, International Economic & Business DepartmentCherkasy State Technological University, Finance DepartmentCherkasy State Technological University, Finance DepartmentCherkasy State Technological University, Finance DepartmentCherkasy State Technological University, International Economic & Business DepartmentProductivity 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.https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/26/e3sconf_icsf2020_13014.pdf
collection DOAJ
language English
format Article
sources DOAJ
author Petkova Lesia
Berezina Olena
Honcharenko Iryna
Berezhna Lesya
Marushchak Dariia
spellingShingle Petkova Lesia
Berezina Olena
Honcharenko Iryna
Berezhna Lesya
Marushchak Dariia
Management of the national economy productivity: the experience of European integration
E3S Web of Conferences
author_facet Petkova Lesia
Berezina Olena
Honcharenko Iryna
Berezhna Lesya
Marushchak Dariia
author_sort Petkova Lesia
title Management of the national economy productivity: the experience of European integration
title_short Management of the national economy productivity: the experience of European integration
title_full Management of the national economy productivity: the experience of European integration
title_fullStr Management of the national economy productivity: the experience of European integration
title_full_unstemmed Management of the national economy productivity: the experience of European integration
title_sort management of the national economy productivity: the experience of european integration
publisher EDP Sciences
series E3S Web of Conferences
issn 2267-1242
publishDate 2020-01-01
description 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.
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/26/e3sconf_icsf2020_13014.pdf
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