Experience and strategic directions of Ukraine's co-operation with the International exchange fund
Journal Title: Економічний аналіз - Year 2017, Vol 27, Issue 2
Abstract
Introduction. The article deals with theoretical and practical views on the peculiarities of the activities of the International Monetary Fund, in particular the provision of loans to developing countries. The domestic experience of cooperation with the IMF is analyzed. The main problems and threats for the national economy are outlined. Purpose. The aim of the article is to study international and domestic experience of cooperation with the International Monetary Fund, as well as to develop proposals for the formulation of strategic guidelines for the development of Ukraine in the context of studying expediency of interaction with the Fund. Method (methodology). Methods of empirical and retrospective analysis of the activities of the International Monetary Fund in lending to developing countries and Ukraine; methods of analogy and comparison when studying the problem aspects of cooperation between Ukraine and the IMF; statistical methods for analyzing the dynamics of indices of the domestic currency market; a systematic approach to substantiating strategic guidelines for the development of the domestic economy without the support of the IMF have been used in this research. Results. The main ambiguous actions of the International Monetary Fund concerning the developing countries have been analyzed. The main aspects of cooperation between the IMF and Ukraine have been studied. On their basis the threatening requirements of the IMF programs for the national economy have been singled out. The proposals on the expediency of restricting cooperation have been substantiated. We have worked out the recommendations as for the formation of strategic guidelines for the development of the domestic economy at the expense of internal resources and opportunities without the support of the IMF.
Authors and Affiliations
Vitaliy Rudan
Keywords
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