Institutional changes as a condition of economic competitiveness reinforcement

The article considers the essence of institutional changes, their necessity to improve the economy’s competitiveness. It is noted that Ukraine''s economy has a high competitive potential, but the country uses it irrationally. The role of the government as the main subject, which can make institutional changes, is substantiated. The stages of institutional changes in Ukraine are described. It is stated, that inefficient institutions is a cause of the low level of the national economy’s competitiveness. The author considers the promising priorities of institutional changes aimed at the reinforcement of the competitiveness of Ukraine''s economy. The main objectives of the economic policy of the state in this process are defined.