Information determinants of the economic convergence of Ukraine and Poland

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Date
2013
Journal Title
Journal ISSN
Volume Title
Publisher
ДВНЗ «Київський національний університет імені Вадима Гетьмана»
Abstract
By satisfying the information needs of national entities in the most effective manner, a country assures the best business environment and the best satisfaction of consumer needs, which will entail low economic risks, low loan interest rates, a stable currency exchange rate, the minimization of the cyclic character of economic development, as well as sustained economic growth and public welfare. Decent international economic relations are possible when explicit specialization and cooperation are in place and when entities have opportunities to utilize – competitive advantages created due to unique information resources or the best use of such resources, let alone the situations with a monopoly over information resources. Thus, the issue of information falls into two large blocs, namely information resources and the infrastructure of information resource movement. Ukraine should make maximum efforts to develop competitive advantages for national entities, which is possible solely in the context of market relations in the information sphere, where the role of the state is limited to supervision over compliance with legislation and coordination of efforts designed to promote national interests. A low quality of information support of Ukrainian and Polish economic entities results in the weak utilization of commercial potential and small volumes of joint investment between the two countries. One should particularly note that the development of the economies of Ukraine and Poland in their movement towards information society is asymmetric.
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Keywords
Ukraine, Poland, EU, information resources, convergence, economic development, information society
Citation
Ilnytskyy D. Information determinants of the economic convergence of Ukraine and Poland / Denys Ilnytskyy // Convergence and Divergence in Europe: Polish and Ukrainian Cases : monograph / [D. Lukianenko, V. Chuzhykov, M. G. Woźniak та ін.]. – Київ : КНЕУ, 2013. – С. 562–576.