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Prospects and Risks of the Mining Industry in Ukraine in the Context of Sustainable Development

Author

Listed:
  • Kovalchuk Viktor A.

    (Kryvyi Rig National University)

  • Korotkiy Vyacheslav Yu.

    (Kryvyi Rig National University)

Abstract

The article considers growth of expenditures of enterprise operation, resource nationalism, necessity of a complex development of the Earth interiors as important factors of prospective development of the mining industry of Ukraine. It justifies that development of the mining industry in future should be accompanied with strengthening of the regulatory role of the state. It states that Ukraine should make maximum efforts for creation of favourable conditions for business within the state and stimulate return of capital into the national economy. Only this would help to avoid economic dependence, to become an equal player in the world market of metal intensive products, to protect national interests and to preserve the existing resource potential for future generations.

Suggested Citation

  • Kovalchuk Viktor A. & Korotkiy Vyacheslav Yu., 2013. "Prospects and Risks of the Mining Industry in Ukraine in the Context of Sustainable Development," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 8, pages 155-160.
    • Handle: RePEc:idp:bizinf:y:2013:i:8:p:155_160
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