Infrastructural Restructuring of Economy of Ukraine in the Conditions of Financial and Socio-Political Crisis

Journal Title: Бізнес Інформ - Year 2015, Vol 12, Issue 0

Abstract

The article considers the question of granting international credits to Ukraine, primarily by the IMF and the World Bank. The main cause of decline of the economy has been identified, in the author's opinion, it's the poor competence of the main legislative body of country, producing lobbyist laws and ignoring the need for an in-depth scientific substantiation of these laws. The article specifies importance of a radical change in the vector of investment policy of the State from the passively waiting to the dynamically proactive, allowing to provide modern technologies, which are indispensable today, considering the deplorable state of the science in the State. Attention has been drawn to the threat of losing leverages for centralized management of regions' economies in the process of implementing the declared decentralization plan, along with devolution of authority to the local bodies. An economic analysis of reasons that make international financial and credit organizations to cooperate with countries that have a low credit rating, among them Ukraine, has been conducted. The basic macroeconomic errors of the State in conditions of warfare and searching effective ways of revival of production and improvements in the sphere of employment have been considered.

Authors and Affiliations

Victor Kulbaka

Keywords

Related Articles

Substantive Global Challenges to Development of the World Economy and their Influence upon the Economic Security of a State

The article studies substantive global challenges to development of the world economy under the conditions of intensification of the processes of integration, trans-nationalisation and globalisation of the world economy...

Innovation management in health care: strategic alliances and relationships between organizations

Health care organizations should increasingly form strategic alliances with other groups and organizations. A variety of relationships between organizations are possible such as shared services, joint programs, umbrella...

Structural Elements of Financial Architecture of Economic Subjects and Specific Features of Their Relation

The goal of the article is the study of structural elements of financial architecture of subjects and specific features of their relation. The article considers the essence of the concept of financial architecture of eco...

The European System of Trading Cumulation and Global Value Chains

The article is aimed to examine the genesis as well as clarify the characteristics and features of the phenomenon of trade cumulation in terms of preferential arrangements in the international trade on the example of th...

Resourcing the Modernization Processes in Ukraine: Regional Aspect

The article is aimed at studying problems of resourcing the modernization processes in the national economy. On the basis of reasoning the need for integrated monitoring of the status of resourcing the modernization pro...

Download PDF file
  • EP ID EP148958
  • DOI -
  • Views 117
  • Downloads 0

How To Cite

Victor Kulbaka (2015). Infrastructural Restructuring of Economy of Ukraine in the Conditions of Financial and Socio-Political Crisis. Бізнес Інформ, 12(0), 70-76. https://europub.co.uk/articles/-A-148958