Modern wealth accumulation and utilization trends in Ukraine
Journal Title: Науковий вісник Полтавського університету економіки і торгівлі. Серія "Економічні науки" - Year 2017, Vol 4, Issue 82
Abstract
Annotation. Purpose. The article is concerned with researching macroeconomic trends of wealth accumulation and utilization in Ukraine. Methodology of research. To achieve the goal of research were used general scientific and special research methods: the method of comparisons and integrated assessment, statistical, economic and mathematical methods. Findings. Were calculated and analyzed dynamics indicators: nominal and real GDP, GDP (PPP) per capita, GNI, domestic saving rate and adjusted net savings, total amount and fraction of investments in Ukraine GDP, foreign trade (export and import), total wealth, financial wealth per adult, non-financial wealth per adults, dept per adult, median wealth per adult. Was detected negative short-term (2013-2016) and positive long-term (2000-2016) trend of wealth accumulation in Ukraine. In addition, objective results of the data assessment allow to substantiate the possibility of ending economic crisis in Ukraine, but only under conditions of stabilization military and political situation in Ukraine. Considering this, it should be noted that the Ukrainian economy in 2017-year remains in extremely difficult situation. There was a negative balance of primary incomes and was observed revenue export tendency in combination with low efficiency consumption of accumulated national wealth. An important point is that Ukraine stil producing a lot of goods and services. Despite this, from point view of social usefulness, based on level of production costs and harm to natural wealth, wealth generation in Ukraine is unprofitable. From the beginning of 2013-year total wealth of households was constantly decreasing. Practical value. In the structure of wealth per adult, non-financial wealth was dominant. To conclude, there is also a very high uneven distribution of wealth in Ukraine.
Authors and Affiliations
Oleh I. Silantiev
Keywords
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