Features of development and direction of revival of the old industrial regions of Eastern Ukraine

Abstract

The article analyzes the features of the development of the economy of Donetsk and Luhansk regions in the period from 2013 to the full-scale war of the Russian Federation against Ukraine. The problems of development of the old industrial regions of Donbass are considered on the basis of statistical analysis and modern approaches to reforming such territories. Based on the analysis of the dynamics of macroeconomic indicators, the structure of the economy and investments, it is shown that due to the unequal scale of the loss of economic potential due to the Russian occupation of part of the Donbass, the Donetsk region retains the main directions of development of the previous period. At the same time, the part of the Luhansk region controlled by the government of Ukraine has turned into an agrarian-industrial region. The revival of the old industrial regions of Donbass and the reintegration of their territories should be based on real reindustrialization and post-industrialization, include the implementation of measures to change the sectoral structure, develop the real sector of the economy, and resolve environmental problems. Luhansk region needs to overcome regional disproportions and reintegrate on a new economic basis.