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BUSINESS INFORM №10-2016The title and content ABSTRACTS AND INFORMATION ABOUT AUTHORS
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Section: Industrial Economics UDC 338.124.4 Raycheva L. I. Formalizing the Elements of the Mechanism for Development of Machine-Building Industry Sector in Conditions of the Productive-Economic Crisis (p. 160 - 165)
The article is concerned with formalization of elements of the mechanism for development of machine-building industry sector in conditions of the productive-economic crisis that can both in aggregate and in interaction not only lead this industry sector out of crisis, but also prevent future destabilizing processes in the functioning of this sector. A comprehensive mechanism for development of machine-building in conditions of the productive-economic crisis has been proposed, which is based on integration of the State policy tools. It has been proposed to implement perfection of the mechanism for development of machine-building in the following directions: using a methodical approach to early detection of signs and symptoms of crisis; ensuring political and macroeconomic stability; reforming tax legislation by introducing a system of privileges and preferences; stimulating investment and innovation processes; improving the external economic policy of the State; developing the practice of public procurement and the State orders in selected sub-sectors of the machine-building complex. Prospect for further research in this direction will be detailed elaborating the organizational-information support of the mechanism for development of machine-building in conditions of the production-economic crisis. Keywords: mechanism, development, machine-building, crisis, the State regulation, policy Fig.: 1. Bibl.: 10. Raycheva Larysa I. – Postgraduate Student, Donbass State Academy of Machine Building (72 Akademichna Str., Kramatorsk, Donetsk region, 84313, Ukraine) Email: [email protected]
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Reference to this article: Raycheva, Larysa I. (2016) “Formalizing the Elements of the Mechanism for Development of Machine-Building Industry Sector in Conditions of the Productive-Economic Crisis.” Business Inform 10:160–165.
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