Scenario Analysis of the Assessment of the Rail Transport Impact on the Economic Growth (on the Example of Ukraine)

In the modern world, efficient transport infrastructure is one of the main factors ensuring economic growth in both countries and macro-regions. In this context, of particular interest are studies in states whose economies are in a state of crisis and are characterized by a high uncertainty of devel...

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Bibliographic Details
Published in:Ikonomicheski izsledvaniiĶ”a 2020 (1), p.114-135
Main Author: Kravchenko, Olha
Format: Article
Language:English
Subjects:
Economy
National Economy
Transport / Logistics
Online Access:Get full text
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Summary:In the modern world, efficient transport infrastructure is one of the main factors ensuring economic growth in both countries and macro-regions. In this context, of particular interest are studies in states whose economies are in a state of crisis and are characterized by a high uncertainty of development parameters. To this aim, the influence of the rail transport on the economy of Ukraine was studied. The importance of Ukrainian railways in the system of international transport and communication links between the countries of Eurasia is considered. The use of scenario simulation to study the prospects for the development of the rail transport in conditions of high uncertainty has been substantiated. A SWOT analysis was performed, based on the results of which scenarios were constructed for rail transport in Ukraine. Scenario analysis showed that in the context of a systemic economic crisis, the rail transport can influence not the process of economic growth in the country, but its intensity, acting as a factor of acceleration or deceleration. Improvement of the situation is possible when developing a set of measures aimed primarily at improving the internal environment of rail transport.
ISSN:0205-3292