BUSINESS INFORM №4-2017

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Section: Mechanisms of Regulation of the Economy
UDC 658:338.242
Bozhko V. P., Karatzeva N. Z., Omelchenko O. L.
The Ways to Prevent Economy Fall in the Current Conditions (p. 66 - 71)
Statistical data as to the situation of the contemporary economy were considered. Declines in the indicators of economic development for practically all directions have been specified. Particular attention has been paid to the influence of economic situation on the living standards of population. A detailed analysis of magnitude of the minimum wage in the the European Union Member States has been carried out, on results of which it is concluded that, in order to enlarge it, it would be necessary to create an enabling environment for business together with and drastic actions to counter corruption. Comparative data on the dynamics of development of industry and agriculture in the period of 2008-2016 have been provided. Use of re-innovation as an effective way of developing the economy has been substantiated, and the basic ways to prevent economy fall have been formulated.
Keywords: living standard, minimum wage, de-industrialization, innovation, re-innovation.
Fig.: 3. Tabl.: 1. Bibl.: 9.

Bozhko Valeriy P. – Doctor of Sciences (Engineering), Professor, Head of the Department, Deparment of Finance, National Aerospace University «Kharkiv Aviation Institute» named after M. Ye. Zhukovskiy (17 Vadyma Manka Str., Kharkіv, 61070, Ukraine)
Email: [email protected]
Karatzeva Nelya Z. – Senior Lecturer, Department of Finance, National Aerospace University «Kharkiv Aviation Institute» named after M. Ye. Zhukovskiy (17 Vadyma Manka Str., Kharkіv, 61070, Ukraine)
Omelchenko Olga L. – Senior Lecturer, Department of Economic Theory, National Aerospace University «Kharkiv Aviation Institute» named after M. Ye. Zhukovskiy (17 Vadyma Manka Str., Kharkіv, 61070, Ukraine)

Article is written in Ukrainian
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Reference to this article:
Bozhko, Valeriy P., Karatzeva, Nelya Z., and Omelchenko, Olga L. (2017) “The Ways to Prevent Economy Fall in the Current Conditions.” Business Inform 4:66–71.

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