Hrytsyna L. A., Ph.D (Economics), Associate professor, Associate professor of International Economic Relations Department, Khmelnytskyi National University, Khmelnytskyi, Ukraine

Rozhok T. V., Master of the Department of International Economic Relations, Khmelnytskyi National University, Khmelnytskyi, Ukraine

PLACE OF UKRAINE IN GLOBAL RATINGS

Introduction. The article deals with the positions of Ukraine in global ratings. The changes of its position in comparison with the past years and the reasons of such changes are researched. It was determined that the decline of the country’s position in international ratings is associated with an unstable political, economic and social situation.

Purpose. The purpose of the study is to analyze the positioning of Ukraine in international rankings in order to comprehensively assess the current state of socio-economic development of the country and determine its future development prospects.

Results. Modern processes of the development of the world economic system are connected with the integration and interdependence of economies, which actualizes the problems of the competitiveness of countries involved in international processes. An important indicator of the state of the country’s economy is the definition of the international economic rating, that is, the position of the world in terms of competitiveness, investment attractiveness, economic freedom, overall economic potential, etc.

The change in the rates of international economic ratings reveals economic changes in the country in terms of independent assessment. An analysis of the dynamics of indicators of international economic ratings enables to determine certain regularities, as well as problems in the current state of the economy of the country.

It is analyzed that Ukraine has improved its position in terms of economic indicators, namely the global index of innovations and the index of ease of doing business. However, the country’s situation has worsened with such military indicators as the global indicator of peace and the global index of terrorism. Among the social indicators, positive changes are observed in the indicators of health and primary education and the index of democracy. However, such indicators as the gender gap index, welfare index, English language index and the human capital index, showed a loss of position.

Conclusions. The analysis showed that in comparison with 2013, in 2017, Ukraine has improved its position by economic indicators, namely: on the global index of innovations and the index of ease of doing business. However, the country’s situation has worsened with such military indicators as the global indicator of peace and the global index of terrorism. Among the social indicators, positive changes are observed in the indicators of health and primary education and the index of democracy. However, there is a loss of positions according to the indicators of the gender gap index, the welfare index, the English language index and the index of human capital.

Key words: index, indicator, development, rating, Ukraine.

References:

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