№ 2018/1

The article, which consists of two parts, discusses the issues of long-term structural shifts in the Ukrainian economy against the background of structural transformations in the world economy during the last quarter-century. The author reveals main structural disproportions, deformations and their causes, associated not only with institutional imperfections, but also with the lack of strategic approaches to economic development and innovative passivity. In a generalized form, the article describes the main challenges that arise for a national economy in the context of the Fourth Industrial Revolution unfolding in the world. In this context, the paper exposes the serious imbalances in the development policy of Ukraine regarding science, education and innovation. It formulates the main principles on which the strategically oriented development policy of the country should be built under the conditions of cardinal global economic and technological transformations.

Keywords: structure of the economy, structural changes, structural transformations, world economy, development strategy, technological development, innovations, the Fourth Industrial Revolution