Authors: Yu.S. Yakunina, M. Kapko
Title of the article: Structural-and-cyclic methodology in political economy analysis
Year: 2019, Issue: 4, Pages: 35-42
Branch of knowledge: 08.00.01 Economic Theory
Index UDK: 330.368
DOI: 10.26730/2587-5574-2019-4-35-42
Abstract: The phenomenon of deepening cyclical and structural volatility of the economy, which has a negative impact on technological renewal and economic growth, is of particular interest to researchers today. The structural-cyclical approach presented in the article reveals the nature of cyclicity not only through its impact on structural shifts, technologies, investment flows, i.e. internal factors, but also through the influence of external factors, which influence and form qualitative parameters of stability of economic system. Proposed approach makes it possible to establish genetic relationship of structural dynamics and cyclic fluctuations, to detect dialectic of cyclic intervention impact on structural parameters, and also inverse impact of structural correlations (stability and instability) on depth and character of cycle as a whole, on dynamic indices of interphase and intra-phase recurrence. It is obvious that at the same time the object of research is expanded, the model of interaction between the cycle and the structure of economy becomes clearer, which makes it possible to identify algorithms of their interweaving and influence on changes of technological platforms and dynamics of macroeconomic indicators. In order to overcome the protracted structural crisis and technological lag, the existence of long-term recession dynamics and the change of the trajectory of economic development during the transition period, it is necessary to develop theoretical provisions, methods of neo-industrial implementation of the integrated model of countercyclical and structural policies.
Key words: economic cycles structural shift methodology political economy
Receiving date: 05.11.2019
Publication date: 30.12.2019
This work is licensed under a Creative Commons Attribution 4.0 License.