Åêîíîì³÷í³ íàóêè

 

Graduate student Salamatska O.

Alfred Nobel University, Ukraine

Investment and building complex in the structure of the Ukrainian economy

 

 

The building industry is an independent branch of the national economy. The mail role of it is to establish conditions for the phased development of the whole economy of the country. The financial crisis finds out all problems connected with the building industry in Ukraine and makes the enterprises together with the government to re-examine the principles of management and regulation within the brunch. Currently it is clear that the building industry depends highly on macro environment and business climate of other markets. It is known indeed that the very building industry may become the motive power able to relieve the country’s economy from the crisis.

The term “building complex” appeared in the early 1980s and it was used to indicate the groups of brunches in the sphere of material production and its enterprises involved in formation of construction production. Later on the term “building complex” met more practical sense and meant the management of interdependent groups of branches: construction operations, production of constructional materials, constructions, details; building and road engineering, tool-making, equipment maintenance; transport provided services for building; material support (procurement, kitting-up).

Today, the structure of the building complex is quite complicated. This fact causes various approaches to the definition of its content.

Looking into the economy of Ukraine as the unique economic system it is necessary to notice that it consists of easier subsystems – brunches: fuel and energy brunch, agricultural brunch, machine building brunch, building branch and other. Not only enterprises of the building branch but industries of other branches of economy (machine building and fuel and energy brunch) are involved into formation of final construction production. Besides of that the financial sphere of economy has direct influence on the building branch, such as investment of the building. It let us talk about functioning of the investment and building complex in the frame of the building branch. Conditionally, the Table 1 presents the place of the investment and building complex in the structure of the Ukrainian economy.

  Table 1.

The place of the investment and building complex in the structure of the Ukrainian economy

 

Levels

Hierarchical structures

Main tasks

Subjects

Macro-level

The Ukrainian economy

Overcoming the crisis, stabilization of the economic climate. Enhancing of population and investors confidence to the government. Increase in volume and efficiency of investments

Branches of the national economy of Ukraine

Meso-level 1

The branches of the national economy of Ukraine

Providing of growth of the national wealth of the state and material situation of its citizens

Investment and building complex

Meso-level 2

Investment and building complex

Establishment of the main funds, enlargement, re-construction, modernization of the main funds

Investors, building complex

Micro-level

Investors, building complex

Making profit

Construction and erection organizations, logistics companies, architect bureau etc.

It is composed by the author [1]

 

The building branch is specific. The given branch is characterized by the heterogeneous structure of contracting organizations and enterprises, high level of their specialization and cooperation. In addition, the building branch of Ukraine is highly monopolized. The building branch is contained in cyclicality of development corresponded to the general economic cycle (Figure 1).

 

Resource: State Statistics Committee of Ukraine [2]

 

Figure 1. The dynamics of GDP changes and volume of the completed building and construction work

 

At the same time there is a specificity connected with the long life cycle of the project: from the plan to realization and maintenance of the construction.

The place of the building branch in the national economy is governed by its production which is one of the indicators of the state economic growth. From the one hand, the increase in volume of building activity depends on development of the other brunches of industry. From the other hand, performing construction and erection works for the other brunches of economy the building complex is inseparably connected with them. With respect to the building activity the other brunches appears as project owners of final production and suppliers of work objects and equipment. The building branch is one of the resource-demanding brunches of industry: more than 70 brunches of the state economy provide the materials for production of final products. In case of proper organization and development the building branch is able to increase the volumes of currency earnest to the country not only by means of its activity but providing the orders to metal industry, machine building etc.

 

Literature:

1.          Kamenetskiy M.I. Building complex: state, problems, main tendencies of long-term development [Electronic resource]/M.I. Kamenetshiy, L.V. Dontsova. – Access mode: www.ecfor.ru/pdf

2.          Official web-site of the State Statistics Committee of Ukraine [Electronic resource] -   Access mode: www.ukrstat.gov.ua