2013 № 3

Recovery from the crisis

Abstract:

The concept of recovery from the crisis offered by Nobel prize winner P. Krugman and opportunities and features of put in this concept approaches to search of ways of overcoming of crisis in Ukraine are analyzed. It is shown, that the policy of strict economy reduces aggregate demand, pushes economy to recession and worsens a situation, instead of its improvement. Authors consider that the main obstacle in search of recovery from the crisis is inadequacy of existing mechanisms of investment of means in economy for essential change of economic realities. Authors offer new approaches to the solution of this task.

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Valery M. Geets – Dr. Sci. (Econ.), Professor, Academician of the National Academy of Sciences of Ukraine, Director of the Institute for economics and forecasting, Ukrainian National Academy of sciences (Kiev, Ukraine; e-mail: gvm@ief.org.ua).

Andrey A. Gritsenko – Dr. Sci. (Econ.), Professor, Corresponding Member of the National Academy of Sciences of Ukraine, Deputy Director of theInstitute for economics and forecasting, Ukrainian National Academy of sciences (Kiev, Ukraine; e-mail: agrytsenko@ief.org.ua).