DOMESTIC INDUSTRY IN THE CONDITIONS OF GLOBALIZATION: NATIONAL AND REGIONAL DIMENSION

Abstract

The article is devoted to the assessment of domestic industry in the national and regional dimensions and substantiation of prospects for its further development in the new global environment. The peculiarities of the current integration of national industries into international markets are considered. The analysis of volumes of industrial pro-duction in Ukraine at the present stage of development is carried out. Based on the calculation of the taxonomic indica-tor, the level of industrial development of Ukraine was assessed both for the national level and for the regions of the country, taking into account the innovation component. It was found that the development of domestic industry in the recent period has developed in an upward direction, while there is a high level of differentiation of industrial develop-ment at the regional level. It is emphasized that the development of industrial policy in our country is concentrated mainly at the national level and concerns industrial policy in general, however the regional level is weakly covered by institutional support. It is substantiated that in the conditions of modern global challenges and high interdependence of domestic industry and international trends the prospects of its development are related to infrastructure, including legal framework, localization of production processes, activities of specialized institutions and more. The applied taxonomic analysis showed an upward trend in the development of Ukrainian industry at the national level during the current period and its high differentiation in the regional dimension, which to some extent confirms that the development of industrial policy in our country is concentrated mainly at the national level.