THE IMPACT OF THE WORLD ECONOMIC CRISIS ON THE ECONOMIC DEVELOPMENT OF UKRAINE
Journal Title: Економіка розвитку - Year 2016, Vol 78, Issue 2
Abstract
The problem of the impact of the global economic crisis of the year 2007-2010 on the Ukrainian economy has been investigated. The impact of the global economic crises on the global economy and economic and political transformation of society has been analyzed. A methodological approach to the investigation of the impact of the crisis of the Ukrainian economy has been developed, which includes three main blocks: block 1, identifying the mechanisms of the crisis expansion in the Ukrainian economy; block 2, determining the impact of the crisis on the economy of Ukraine; block 3, investigating compensatory mechanisms for the localization of the crisis. Within the developed approach, the modern tools of economic-mathematical modeling have been used: the Granger test to determine the relationships between economic phenomena and VAR models for the study of the degree of influence of the global crisis on the national economy. The indicators of the development of the global financial market have been defined. The cause and effect of penetration of the global economic crisis to the economy of Ukraine and its spread through financial market have been analyzed. The lags of global fluctuations in the economy of Ukraine have been calculated, which provides the Ukrainian government with the time for response and localization of the impact of the global economic crisis on the national economy. The indicators of development of the national economy have been selected to achieve the goal of the research. The degree of influence of the global crisis on the change in the macroeconomic indicators, which causes more than 50% of the indicator change, has been investigated. The compensatory mechanism for overcoming the global crisis in the Ukrainian economy has been determined which is attracting IMF credits. Analysis of the announced and attracted credits to the Ukrainian economy has been made. The perspective of usage of this kind of mechanism in the economy of Ukraine and its shortcomings have been determined.
Authors and Affiliations
V. Ponomarenko
Keywords
Related Articles
- EP ID EP90948
- DOI -
- Views 155
- Downloads 0
МІСЦЕ ТА РОЛЬ СИСТЕМИ ВИЩОЇ ОСВІТИ У СУЧАСНОМУ СУСПІЛЬСТВІ
Описано сучасний етап еволюції світової цивілізації та українського суспільства зокрема. Обґрунтовано надзвичайне значення освіти і науки для інформаційного суспільства та його вищої стадії розвитку – суспільства знань....
ЗАБЕЗПЕЧЕННЯ СКОРОЧЕННЯ ВИТРАТ НА ПАЛИВО ДЛЯ ТРАНСПОРТНИХ ЗАСОБІВ ПРОМИСЛОВИХ ПІДПРИЄМСТВ
Установлено, що оптимізація споживання палива транспортними засобами промислових підприємств передбачає аналіз доцільності використання паливно-мастильних матеріалів (ПММ). Одним зі способів скорочення транспортних витра...
MODERN APPROACHES TO THE CLASSIFICATION OF THE FACTORS OF INFLUENCE ON THE ACTIVITY OF TOURISM ENTERPRISES
rends of tourism development on the international level indicate its belonging to the most profitable and promising activities. It does not only provide revenue to the budgets of many countries in the world, but also per...
ТЕОРІЯ ЛЮДСЬКОГО КАПІТАЛУ: ФОРМУВАННЯ НАУКОВОЇ КОНЦЕПЦІЇ
На основі аналізу робіт представників класичної політичної економії, марксизму, неокласичної політичної економії визначено передумови формування теорії людського капіталу як наукової концепції. Розкрито ключові кон...
LEGAL AND INSTITUTIONAL PRINCIPLES FOR REGULATION OF EMPLOYMENT IN LEGALIZATION OF ECONOMIC SPHERE
Comprehensive study of theoretical and practical aspects of the interaction between formal and informal sectors of the economy allowed to find out the legal and institutional framework regulating employment in the...