STIMULATION OF HIGH-TECH INDUSTRIES DEVELOPMENT (ON THE EXAMPLE OF MACHINE-BUILDING INDUSTRY IN GERMANY)
Major trends and key factors of the development of the German machine-building industry are scrutinized in the article. Market and institutional conditions favouring dynamic development of the industry in crisis and post-crisis periods are exposed. The conclusion is drawn that new possibilities for the development of machine-building in the current complicated period for the world economy are provided by alternative sources of energy which are blooming due to multiple governmental support programmes.