Import substitution as a factor of the production and trade structural changes in Ukraine

Abstract

Imbalances are revealed of national production and foreign trade structure. Import-substituting production is considered to be one of the factors of structural changes of national economy. The trends of import-substituting production by economic sectors are outlined. The necessity is substantiated for import substitution in food, textile, chemical, paper and cellulose industries, and agriculture. The mechanisms are offered to encourage import substituting production.