Social and economic consequences of the association agreement between Ukraine and the EU for machine building

Abstract

The article is devoted to the study of the social and economic consequences of signing the Association Agreement for machine building between Ukraine, on the one hand, and the European Union, the European Atomic Energy Community and their member states, on the other hand. The risks and opportunities for domestic engineering are presented. The first consequences for the machine building on the basis of trends according to the following indicators are analysed. Among them we can distinguish commodity structure of export and import; the average number of employees, the use of the working time fund, the average monthly nominal wage, the level of involuntary part-time employment, the level of profitability and innovative activity. The tendencies of use of labour potential in industry and machine-building are presented. The importance of development of mechanical engineering in the system of development of the national economy is proved. It is presented the experience which can be useful for increasing the volume of exports of machine building products, as well as factors that should be taken into account when developing the policy of development of domestic industry and machine building including.