Institutional problems of structural transformation of ukrainian railways

  • Olga Stasyuk NASU Institute for Economics and Forecasting
Keywords: institutional problems, institutional environment, institutional support, reforms, structural transformations, railway

Abstract

The institutional problems that accompany the process of structural reforms in the railway transport of Ukraine are consider at the article. Purpose of the article. The main institutional problems of the Ukrainian railways at the sectoral, national and еuropean levels in the context of structural changes and to reveal the importance of state regulation of these processes in the industry are consider. Objectives of the research. The main tasks are: 1) to analyze the formal institutions that were adopted with the purpose of structural transformation in the industry; 2) to determine the role of the state in the implementation of structural transformations; 3) to summarize the institutional problems of the reform process and institutional adaptation of EU legislation. Methods of research. The structural-logical, economic and statistical, comparative methods are used in Article. Results of research. The main institutional problems of railway transport at the sectoral, national and European levels are generalized. The need of the updating of the institutional environment for structural reforms, including in terms of implementation of European directives and regulations are accelerate. An active position and support of the state is necessary. The field of application of results. The obtained results can be used by the Ministry of Infrastructure, implementing the state policy in the field of railway transport, in the process of developing and adapting formal institutions for the implementation of structural reforms in railway transports. Conclusions. The institutional problems make the dynamic process of structural changes in railway impossible. It creates a threat to the implementation of structural reforms in the long run. The elimination of the contradictions between the functioning institutional environment and the market structure will ensure the effective formation and organization of relations between actors in the process of developing the transportation market.This is due to the transformational changes in institutions. The state must directly participate in the process of structural transformation and the formation of a competitive environment in railway transport. This is especially true in the process of forming an institutional environment. Therefore, the necessary direction of its improvement should be the creation of clear and fair formal rules of operation in the railroad market for all entities. The state must directly participate in the process of structural transformation and the formation of a competitive environment in railway. This is especially true of the process of institutional environment formation. Therefore, the necessary direction for its improvement should be the creation of clear and fair formal rules of operation in the rail market for all entities.

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References

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Author Biography

Olga Stasyuk, NASU Institute for Economics and Forecasting

Stasyuk Olga Mykolajivna, Ph.D. in Economical Science, Researcher of Department of the Development of Industrial Infrastructure


Published
2018-04-03
How to Cite
Stasyuk, O. (2018). Institutional problems of structural transformation of ukrainian railways. University Economic Bulletin, (37/1), 131-138. Retrieved from https://economic-bulletin.com/index.php/journal/article/view/20
Section
Economy and Management