Abstract:

The purpose of the article is to determine the directions of increasing Ukraine's competitiveness in the global space in order to ensure sustainable economic development. On the basis of the methodology for assessing sustainable development and competitiveness, the Global Competitiveness Index, the Global Indicators Index, the RobecoSAM Ranking, Ukraine (Sustainable Economic Development Indicators, Doing Business, Moody's Investors Service) were developed. Global Competitiveness Index ranking leaders are the United States, Singapore and Germany, Switzerland, which proves the effectiveness and weight of government policy that takes into account the full range of competitiveness factors. The European countries dominate the Global Sustainable Competitiveness Country Index rating, namely, Switzerland, Norway, Iceland, and Finland. It has been proved that the external opportunities for the corporations development in Ukraine on the modern economic development are very weak (GCI Ukraine ranked 83rd, GSCI ranked 91st). The analysis of the main indicators of the economic development assessment of Ukraine shows that the low level of gross accumulation of fixed capital in gross domestic product hinders the modernization of the economy, reduces the return on capital of production equipment, and does not support the maintenance of productive capacity capable of creating a competitive product. The article proposes the directions of increasing Ukraine's competitiveness in the tasks of sustainable economic development implementation formed in accordance with the sustainable development strategy of Ukraine, the Framework Partnership Program between the Government of Ukraine and the United Nations, analysis of the main national and international indicators of sustainable development.