The Monetary Component of the System of Macro-Financial Indicators

Journal Title: Бізнес Інформ - Year 2015, Vol 9, Issue 0

Abstract

The article is aimed at formation of the monetary component of the system of macro-financial indicators, which will provide comprehensive information on the status of the money-and-credit sphere, existing threats and trends of development for use in the management of the public finances of Ukraine. The use of monetary indicators as part of a system of macro-financial indicators in the process of management of public finances has been examined. In the analysis and systematization of existing practical and theoretical bases a number of aspects has been identified, which were not considered in the current practice of monitoring monetary indicators comprising the economic security of the country. Empirical studies of dependency between the money supply, the volume of gold and foreign currency reserves, the proportion of cash in circulation and dynamics of real GDP were carried out. Both the optimum and the safe ranges have been determined. Recommendations for using the monetary macro-financial indicators when calculating the integral indicator of the economic security of Ukraine have been generated. Risks by the directions that were not included in the existing methodology have been identified, indicators for their evaluation have been selected, as well as related rationing and prioritization have been carried out. Further research in this area will be developing a methodology for the practical implementation of the proposed integrated indicator as a component of system of the macro-financial indicators in the process of management of the public finances of Ukraine.

Authors and Affiliations

Nataliia Rudyk

Keywords

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  • EP ID EP95631
  • DOI -
  • Views 154
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How To Cite

Nataliia Rudyk (2015). The Monetary Component of the System of Macro-Financial Indicators. Бізнес Інформ, 9(0), 288-295. https://europub.co.uk./articles/-A-95631