SECURITY OF NATURAL RESOURCES AND EFFICIENCY OF THEIR USE IN UKRAINE

  • О. Koschiy LUTSK NATIONAL TECHNICAL UNIVERSITY
  • L. Stryzheus LUTSK NATIONAL TECHNICAL UNIVERSITY
Keywords: natural resources, economic development, resource management index, Ukraine, dutch disease, curse of natural resources

Abstract

The article considers the growing needs of the world in natural resources. The rating of the countries of the world on the level of production of natural resources is considered. It was found that Ukraine occupies a fairly high position in the world in terms of natural resources. At present, Ukraine is one of the ten countries in the world that are leaders in the production of gallium, germanium, kaolin, titanium, iron, manganese, uranium and graphite. At the same time, the national economy is characterized by low quality management of natural resources. This is evidenced by the low value of the resource management index in Ukraine. The results of the evaluation of the resource management index show that in Ukraine there are both positive and problematic aspects in the field of resource management. The results indicate that natural resources can benefit the population of Ukraine, but the final benefits are unlikely to be significant.

The low quality of resource management in Ukraine has a negative impact on the economic development of the national economy, its competitiveness in the world market, living standards. It is revealed that the national economy is characterized by the presence of a number of problems in the field of natural resources management: the lack of a perfect regulatory framework that would properly regulate the process of nature management; inadequate incentives for the rational use of the resource potential of the national economy; lack of compliance of current legislation in the field of nature management with international standards; dominance of production of goods with a low level of value added; high share in the structure of exports of goods with low value added, etc. Proposals have been developed to improve resource management in the national economy, which will contribute to its economic growth, increase competitiveness in the world market, increase the welfare of Ukrainians.

Published
2020-12-29