Analysis of existing structural problems in the national economy

Abstract

When viewed as the principle of the human organism, the national economy functions as the lifeblood of states and affects all aspects of a nation's well-being, from the standard of living of its citizens to the growth of businesses and the general state of the country. However, structural problems within these economies can hinder economic growth, development and meeting social needs. It is important to improve the structure of the national economy in a more optimal and efficient way, to determine the methods of solving problems related to modernization and to ensure their adaptation to the system of structural mechanisms. During the analysis of the economic development processes, the reconstruction of the processing sector, the formation of production forces, the increase in the economic activity of the regions, the development of the industrial infrastructure, and the significant reduction of the country's dependence on oil were taken into account. In order to ensure that the level of development is effective, it is appropriate to draw up strategic development and action programs. This article focuses on common problems that persist between countries, providing a comprehensive analysis of the structural problems plaguing national economies around the world.