Summary 

The basic priorities of economic policies aimed at improving the competitiveness of the economy. Defined option is to implement the state industrial policy. The tendencies of changes in regulatory policy and the impact of the administration in the sphere of industrial economic development.

Participation of the state as a direct participant of economic processes, creator and performer of economic, legal, administrative rules, the initiator of reforms in the economic system was analyzed. The attention on the need to directions of state influence on the preservation of national production, suspending the current downturn, maintaining income and employment, recovery and development production was accented. The complex of measures for development of not capital-intensive industries with rapid turnover, which will fill the budget money, and the consumer goods market was defineded.

The necessity of forming a modern model of the economic system, the inclusion of economy in world economic relations, support the latest high-tech industries, enhance entrepreneurship and more was emphasized.

It is noted that in carrying out industrial policy the state should not implement some control measures, and a set of features characteristic of a market economy. It was established that the state industrial policy should regulate all aspects of industrial activity, regardless of ownership, industries and categories of industrial production. This will create intersectoral collaboration not only within but also from outside to create competitive advantages for domestic production environment.

Keywords: the state support, competitiveness, the state industrial policy, government regulation of industrial development, economic growth, the functions of state industrial policy.