The article contains concepts of development for Ukrainian economy in the form of development explanatory basis. Such basis is important for defining development character, formalizing aims and principles of development, choosing its vectors and methods that implement such vectors into reality, building institutional support of development and effective employment of necessary resources.

Using the general concepts of development studies, the content of notion “economic development” is specified. Difference between notions “economic development” and “economic growth” is considered. Via the qualitative features of general types of development, the character of development for Ukraine is suggested taking into account existing conditions and expected changes in Ukraine and abroad.

It is shown that by the dynamics of changes development of the Ukrainian economy has to be revolutionary, by the vector – intensive one (aimed to the emergence of qualitative changes with a stable character due to implementing new technologies and renewing the production assortment of national producers), by the source (or the primary reason) – both exogenous and endogenous, by the view of development  subject about changes over time – projective one, by the element of economic system that is mostly changed – structural (because the modern structure of Ukrainian economy causes some negative processes in it), by the development mechanism — bifurcational, by the measure of controllability – weakly managed,  by the relationship between subject and object – both subject-object (subject of development is simultaneously an object of development), multi-vector and holistic.

There are defined conditions of Ukrainian economy development regardless of its character (defined or any other): decrease of the administrative pressure under entrepreneurship (deregulation of the economy), increasing of an entrepreneur’s social role and his/hers comprehensive support.

Defined character of the national economy development and conditions under which such development will exist should be taken into account in the development model. This will provide model adequacy to the modern conditions in Ukraine, model validity and its practical usability, ability to formulate particularly development tasks for every of its subjects.

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