Generalization of international experience in the development of the national economy

Abstract

Abstract. The purpose of the study is to analyze the international experience in the development of national economies and determine effective models for increasing economic stability and competitiveness of Ukraine. The article uses the methods of comparative analysis, systematization of statistical data, generalization of international studies and institutional analysis. The work summarizes the international experience of the development of the national economy, taking into account modern globalization challenges, transformation processes and strengthening of international economic integration. Key approaches to the formation of effective economic policy in the leading countries of the world are studied, in particular, attention is focused on the role of the institutional environment, innovative development, state regulation and support of entrepreneurship. The practices of the countries of the European Union and other economically developed countries to stimulate economic growth, increase the competitiveness of national economies and ensure sustainable development are analyzed. It has been determined that the important factors of successful development are the effective interaction of the state and business, investments in human capital, infrastructure development and the introduction of digital technologies. Particular attention is paid to the adaptation of international experience to the conditions of the national economy of Ukraine, taking into account its socio-economic characteristics and modern challenges. The results obtained can be used in the development of strategies for economic development and the formation of state policy in the context of global transformations. The practical significance of the study lies in the possibility of using the results for the development of strategic documents, improving state policy, stimulating innovation activity and forming an effective foreign economic strategy of Ukraine.