FOREIGN EXPERIENCE OF EXTERNAL DEBT MANAGEMENT: PROSPECTS FOR IMPLEMENTATION OF IT IN UKRAINE
Journal Title: Проблеми системного підходу в економіці - Year 2017, Vol 5, Issue 61
Abstract
The article examines the problems of the current situation and trends of the growth of the state debt of foreign countries; a comparative analysis of the domestic and foreign debt situation was done. It is argued that nowadays there is an imperfect system of regulation of external governmental debt in Ukraine and abroad as well. The main purpose of the study is to assess the current situation and influence of the external debt on the countries’ economic development. Today, the international financial organizations (IFIs) are gradually increasing their influence on the whole world, Ukraine isn’t an exception. Since 1994, our state has been actively cooperating with IFIs. The role of the external debt in the country’s economy can’t be underestimated. Over recent years, there has been a marked increase in external borrowings which came to Ukraine. It should be noted that this tendency is coursed by the cheap price and long period of return of the foreign loans compared with national resources. Despite of the positive aspects of such cooperation, there are huge numbers of threats that need to be evaluated and predicted. It is almost impossible to evaluate the impact of all factors on the international market. Thus, Ukraine should focus on the internal reserves of growth, such as national market and production. Therefore, recommend to implement an international experience, which will increase the efficiency of debt policy, will increase the stability of the financial system in the context of coherence with the budget and currency policy as well.
Authors and Affiliations
V. V. Koilo
Keywords
Related Articles
- EP ID EP634716
- DOI -
- Views 132
- Downloads 0
PROBLEMS RELATED TO UPDATES OF THE MANAGEMENT SYSTEM OF ZONES OF TECHNICAL AND ECONOMIC DEVELOPMENT OF CHINA, AND TRENDS IN DEVELOPING THIS QUESTION
Among the mechanisms of state influence on the development of the economy in market conditions, the areas of technical and economic development (ZTER) occupy an important place. Regardless of the level of development of...
ENTROPY ANALYSIS AS A METHOD OF DETERMINING THE RISK LEVEL OF BANKING ACTIVITY
The article is devoted to the use of entropy analysis as a relatively new method for assessing the level of risk, which is based on the quantitative calculation of uncertainty. The use of new approaches to risk analysis...
IMPACT OF SHADOW ECONOMY ON ECONOMIC, POLITICAL, AND SOCIAL DEVELOPMENT IN UKRAINE
The article analyses the level of the national shadow economy, examines the causes of shadow economic activity in Ukraine, and identifies the most common shadow schemes with the indication of probable losses for the stat...
COMPETITIVENESS AS A BASIS OF REGIONAL DEVELOPMENT MANAGEMENT
The study is based on dialectical approach and systematic analysis of the competitiveness of a region as a basis for its sustainable development; theory of competition and the theory of regional economic development; app...
PECULIARITIES OF FORMATION OF THE FINANCIAL AND ECONOMIC SECTOR OF LOCAL AUTHORITIES IN UKRAINE
Public administration and local self-governance are fundamental to the functioning of democratic countries. At present, the situation concerning the implementation of specific proposals for improving the system of public...